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Author Topic: RALLY!  (Read 63121 times)
FlipPro (OP)
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January 14, 2012, 08:50:03 PM
 #121

WE'RE GOING TO DESTROY $7 LETS GO LETS GO LETS GO!

$.25 TO GO, LETS TAKE THESE WALLS DOWN!


So you are selling everything at $7...

LOL YOU'RE NUTS IF YOU THINK I'M SELLING MY COINS AT $7!!!
StewartJ
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January 14, 2012, 08:51:10 PM
Last edit: January 14, 2012, 11:58:48 PM by StewartJ
 #122

Watch yourselves at $7-$7.10 mark, we have been consistently getting the Smackdown at that price range.

Fingers crossed that we will cross the $7.20 barrier this weekend.
waspoza
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January 14, 2012, 08:51:29 PM
 #123

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad
teflone
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January 14, 2012, 08:53:53 PM
 #124

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad

Elaborate please ?

A lot of the money is not visible.. Smiley

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proudhon
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January 14, 2012, 08:59:35 PM
 #125

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad

Elaborate please ?

A lot of the money is not visible.. Smiley

We're slightly over $1.15 million on the bids side.  That's the highest I've seen it since I've been watching (a few weeks).  Yesterday's selling took the total bids in USD from $1.1 million down to $1.04 million.

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.
waspoza
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January 14, 2012, 09:00:16 PM
 #126

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad

Elaborate please ?

A lot of the money is not visible.. Smiley

Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong.
teflone
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January 14, 2012, 09:23:54 PM
 #127

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad

Elaborate please ?

A lot of the money is not visible.. Smiley

Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong.

I thought OBV was a reactionary measurement?  as in, its only accurate after things happen?
Please correct me if Im wrong, Im all ears Smiley

PS, who is your profile pic ?  it reminds me of Bowie

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dree12
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January 14, 2012, 09:24:48 PM
 #128

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad

Elaborate please ?

A lot of the money is not visible.. Smiley

Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong.

I thought OBV was a reactionary measurement?  as in, its only accurate after things happen?
Please correct me if Im wrong, Im all ears Smiley
He is pointing out that a higher OBV then did not accomplish $7.2, so a lower OBV now will not do it either.
waspoza
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January 14, 2012, 09:25:37 PM
 #129

He is pointing out that a higher OBV then did not accomplish $7.2, so a lower OBV now will not do it either.

Exactly. Smiley
teflone
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January 14, 2012, 09:26:08 PM
 #130

I think we will blow through $7.20 this time. $8 is coming tonight or sunday.

OBV chart says theres not enough money for this yet. Sad

Elaborate please ?

A lot of the money is not visible.. Smiley

Today (hourly) obv value is about 370, and 6th jan (when we had tits in the price chart) hourly OBV value was about 450 and we still couldnt break $7.2. Seems to me that we need more money in the system to go higher, but maybe im wrong.

I thought OBV was a reactionary measurement?  as in, its only accurate after things happen?
Please correct me if Im wrong, Im all ears Smiley
He is pointing out that a higher OBV then did not accomplish $7.2, so a lower OBV now will not do it either.

I know what hes saying..but my question is still the same

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waspoza
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January 14, 2012, 09:35:33 PM
 #131

PS, who is your profile pic ?  it reminds me of Bowie

Some guy from old commercials. http://www.freerepublic.com/focus/f-chat/2171365/posts
I choose this picture, cuz i like the style from the fifties. Smiley
M4v3R
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January 14, 2012, 09:38:07 PM
 #132

Most indicators don't tell you whole story until things actually happen. OBV alone isn't enough to predict that either we'll make it above $7.2 or not. A sudden movement from investor that didn't place any bids before may appear and low OBV won't stop him Smiley
teflone
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January 14, 2012, 09:41:49 PM
 #133

Most indicators don't tell you whole story until things actually happen. OBV alone isn't enough to predict that either we'll make it above $7.2 or not. A sudden movement from investor that didn't place any bids before may appear and low OBV won't stop him Smiley

This is the thought pattern I was thinking...

And Waspoza your profile pic, from the 50's I like it too!  I cant place why...

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waspoza
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January 14, 2012, 09:43:13 PM
 #134

I thought OBV was a reactionary measurement?  as in, its only accurate after things happen?
Please correct me if Im wrong, Im all ears Smiley

Your right. We just need things to happen, and with bigger amount than last time.
Serge
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January 14, 2012, 10:07:21 PM
 #135

Is anyone else thinking a breakout to 10-11 is likely next week?

possibly. i have readjusted my asks to provide little liquidity all the way from $8 to $16, below that is too risky at the moment in my non-expert opinion, i worry that 8-10 range asks may not be wise too

edit: on the other hand resistance has been great this year and we may move much slower than before. but when spring gets loose anyone's guess how far it could actually shoot up
Technomage
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January 14, 2012, 10:16:54 PM
 #136

Really interesting times. This rally will define the game for the short term, if the third time is the charm and we break $7.2, we could easily see a test of $10 quite soon. But if it fails for the third time, a test of $6 is quite likely as well.

I'm putting my money on $7.2 breaking this weekend and leading to imminent $8+. But we'll see Smiley

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Serge
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January 14, 2012, 10:21:28 PM
 #137

Really interesting times. This rally will define the game for the short term, if the third time is the charm and we break $7.2, we could easily see a test of $10 quite soon. But if it fails for the third time, a test of $6 is quite likely as well.

I'm putting my money on $7.2 breaking this weekend and leading to imminent $8+. But we'll see Smiley

the way bids are growing on mtgoxlife we maybe testing $8 this weekend
ineededausername
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January 14, 2012, 10:21:50 PM
 #138

This is the deciding moment for this rally.  Everyone, watch this weekend closely.  Anything from $5 to $9 is possible.

(BFL)^2 < 0
SkRRJyTC
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January 14, 2012, 10:22:45 PM
 #139

This is the deciding moment for this rally.  Everyone, watch this weekend closely.  Anything from $5 to $9 is possible.

Don't just watch. Buy first Wink

Last chance for prices under $7?
Serge
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January 14, 2012, 10:26:08 PM
 #140

This is the deciding moment for this rally.  Everyone, watch this weekend closely.  Anything from $5 to $9 is possible.

Don't just watch. Buy first Wink

Last chance for prices under $7?

i'm trying to be a rational bull, but to answer your question: ABSOLUTELY!
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