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Bitcoin Forum > Economy > Economics > Speculation > Last time $3 was "the manipulator"... what now?
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proudhon
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December 10, 2011, 01:17:24 AM
 #41
Quote from: ineededausername on December 10, 2011, 01:13:47 AM
Quote from: proudhon on December 10, 2011, 01:04:42 AM
Somebody just snatched up all the coins at $3.

Saw it live! Grin
Time to take a ride on the space elevator.

I don't know about that.  It is fun to watch large (or large-ish) transactions.
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
FlipPro
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December 10, 2011, 03:18:34 AM
 #42
Quote from: proudhon on December 10, 2011, 01:17:24 AM
Quote from: ineededausername on December 10, 2011, 01:13:47 AM
Quote from: proudhon on December 10, 2011, 01:04:42 AM
Somebody just snatched up all the coins at $3.

Saw it live! Grin
Time to take a ride on the space elevator.

I don't know about that.  It is fun to watch large (or large-ish) transactions.
WE GOING UP GENTLEMEN!  Grin
proudhon
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December 10, 2011, 03:37:14 AM
 #43
Quote from: FlipPro on December 10, 2011, 03:18:34 AM
Quote from: proudhon on December 10, 2011, 01:17:24 AM
Quote from: ineededausername on December 10, 2011, 01:13:47 AM
Quote from: proudhon on December 10, 2011, 01:04:42 AM
Somebody just snatched up all the coins at $3.

Saw it live! Grin
Time to take a ride on the space elevator.

I don't know about that.  It is fun to watch large (or large-ish) transactions.
WE GOING UP GENTLEMEN!  Grin

Not without a fight, it looks like.
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
Vandroiy
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December 10, 2011, 03:16:34 PM
 #44
Dom't be so impatient. After a bust, there is usually a phase of doubt and uncertainty before things go on. Let some time pass, and move slowly for now. I think the "sell-off, counter rally" rhythm is being purged currently. That was pretty strong, so give the market a moment to reorganise.
phelix
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December 11, 2011, 05:22:15 PM
 #45
Quote from: Vandroiy on December 10, 2011, 03:16:34 PM
Dom't be so impatient. After a bust, there is usually a phase of doubt and uncertainty before things go on. Let some time pass, and move slowly for now. I think the "sell-off, counter rally" rhythm is being purged currently. That was pretty strong, so give the market a moment to reorganise.
people do not seem to be listening  Wink Tongue
Revalin
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December 11, 2011, 11:16:17 PM
 #46
The longer I watch, the more it looks like (b).

He's basically catching all the pullbacks and letting the rallies run.  Right now he's basically out, just letting the current bout of optimism run its course; expect to see a big wall appear and catch any major corrections, but for the moment there's enough real depth to keep things afloat on their own.

So where we stand today:  First order technicals look great; fundamentals are still crap.  He's getting what he wants: Welcome to bubble 2.0.
 
      War is God's way of teaching Americans geography.  --Ambrose Bierce
Bitcoin is the Devil's way of teaching geeks economics.  --Revalin 165YUuQUWhBz3d27iXKxRiazQnjEtJNG9g
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December 11, 2011, 11:26:40 PM
 #47
Sell 'em if you got 'em.
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