Is the price slowly climbing?

[ineededausername]

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

[proudhon]

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.

[bittenbob]

let's see $3 today!

No.

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.

[Dan The Man]

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.

[proudhon]

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.

[julz]

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?

[tvbcof]

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.

[RyNinDaCleM]

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.

[NamelessOne]

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.

[BTCurious]

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

[RyNinDaCleM]

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

And, a lot less stressful I'm sure! 

[BTCurious]

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

And, a lot less stressful I'm sure! 

Yeah, definitely. I still have an investment though, but not for the short term. Also, not on bitcoinica anymore, I suck at that

[phorensic]

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    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.

[BTCurious]

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…

[S3052]

this isnothing yet .

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

[cbeast]

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!

[gewure]

*you shall be necromanced*

[arepo]

this isnothing yet .

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

impressive.