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Author Topic: Is the price slowly climbing?  (Read 22095 times)
ineededausername
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November 30, 2011, 04:55:11 PM
 #161

Damn 6 confirmations.. it's really getting annoying.  I suspect 3 confirmations would be enough.

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November 30, 2011, 04:56:52 PM
 #162

We won't see $3 today and probably not ever again, at least not for any significant amount of time.  Too many people want out of bitcoin, not enough want in.  It's obvious where this ship is headed.
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November 30, 2011, 04:57:12 PM
 #163


Going to get liquidated on your shorts at bitcoinica if it does? That would really be funny, losing your shorts so to speak. I think we are headed for $3 BTC sooner rather than later.
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November 30, 2011, 04:57:38 PM
 #164

It used to swing whole dollar amounts in seconds a couple months ago!  I'm actually not waiting for it to hit 2.50, Just even 2.70 or 2.65 would be good.  The spread on Bitcoinica is so large it turns day trading into swing trading, though.  We need the spread of a few pips, not 10 cents!

How did you fare? I had an account with 1$ holding up a position shorting 10 BTC. It now has a margin value of negative 20 cents.

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November 30, 2011, 05:11:10 PM
 #165

On our way back down to 2.8 and lower.  Sorry to whoever got burned in that faux-rally.  Look at all the ask volume filling right back in.
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November 30, 2011, 05:22:41 PM
 #166

Look at all the ask volume filling right back in.

Similarly on the other side - I've been watching the bid-ghostlines re-solidifying.  I guess both buyers and sellers are happily trickling in their hidden liquidity.
Who will run out first?

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November 30, 2011, 06:07:44 PM
 #167

Look at all the ask volume filling right back in.

Similarly on the other side - I've been watching the bid-ghostlines re-solidifying.  I guess both buyers and sellers are happily trickling in their hidden liquidity.
Who will run out first?

Buyers, if the cannot get their fricken' funds into the exchanges :/

Oh how I long for the days when I can instantly transfer whatever part of my net worth I like to whoever I like, and need only to worry about how to ensure that I am unlikely to get ripped off.


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November 30, 2011, 06:08:38 PM
 #168

On our way back down to 2.8 and lower.  Sorry to whoever got burned in that faux-rally.  Look at all the ask volume filling right back in.

This is what I have been thinking. Someone bought about $40k in BTC, up to $2.96 just to let it drop back to the $2.80's...
I think they were *hoping* for some help pushing it past $3, but that help never came.

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November 30, 2011, 07:00:23 PM
 #169

That 'help' always seems to be delayed though. It rarely comes instantly, just gets the market in the mood to push higher. It is already back up to 2.92.
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November 30, 2011, 07:04:54 PM
 #170

Since I've stopped doing daytrading, watching these threads has been a lot more fun Smiley

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November 30, 2011, 07:06:05 PM
 #171

Since I've stopped doing daytrading, watching these threads has been a lot more fun Smiley
And, a lot less stressful I'm sure!  Wink

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November 30, 2011, 07:06:39 PM
 #172

Since I've stopped doing daytrading, watching these threads has been a lot more fun Smiley
And, a lot less stressful I'm sure!  Wink
Yeah, definitely. I still have an investment though, but not for the short term. Also, not on bitcoinica anymore, I suck at that Tongue

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November 30, 2011, 07:30:53 PM
 #173

It used to swing whole dollar amounts in seconds a couple months ago!  I'm actually not waiting for it to hit 2.50, Just even 2.70 or 2.65 would be good.  The spread on Bitcoinica is so large it turns day trading into swing trading, though.  We need the spread of a few pips, not 10 cents!
How did you fare? I had an account with 1$ holding up a position shorting 10 BTC. It now has a margin value of negative 20 cents.
I'm not in the green yet  Cry  Gonna wait this one out.  I agree with the predictions of the resistance level at $3.00.  We are still on a long term down trend, haven't really shown up trend for long enough.  HOWEVER, I do feel like the 2.00-3.00 range is the bottom and soon I will switch to bull mode.  I don't know how to trade on a market that rises very well, yet.  I have done most of my trading on the slide from $30 to now.
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November 30, 2011, 07:39:22 PM
 #174

I don't know how to trade on a market that rises very well, yet.  I have done most of my trading on the slide from $30 to now.
I think the trick is to buy and then hold…

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November 30, 2011, 09:52:45 PM
 #175

this isnothing yet .

double digit btcusd values will easily be reached - not in a straight line, but in a stair step pattern

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Let's talk governance, lipstick, and pigs.


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December 01, 2011, 01:24:41 AM
 #176

this isnothing yet .

double digit btcusd values will easily be reached - not in a straight line, but in a stair step pattern

B-b-b-baby, you just ain't seen n-n-n-nothin' yet!

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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January 16, 2012, 06:27:49 AM
 #177

*you shall be necromanced*
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this statement is false


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January 16, 2012, 06:38:26 AM
 #178

this isnothing yet .

double digit btcusd values will easily be reached - not in a straight line, but in a stair step pattern

impressive.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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