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old_engineer
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January 14, 2012, 11:36:48 PM |
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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 Getting asks filled in the $8-$10 range is a problem I'd love to have!  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
I agree, people are selling rather than clutching to their btc tightly. If it started to shoot up >$8 in one day, I'd completely sell out and wait a while before rebuying, same as I did over $7. |
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ineededausername
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January 15, 2012, 12:02:28 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
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(BFL)^2 < 0
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notme
Legendary
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Activity: 1904
Merit: 1002
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January 15, 2012, 12:07:41 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
Now's your chance bears! Pull it down before someone decides to buy in and shoot us to the moon. Or did you run out of money again? Disclaimer: I just want to grab a few more coins before we take off  . |
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StewartJ
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January 15, 2012, 12:09:41 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
I think this scenario is the most likely to get us over $7.20 this weekend. Otherwise it's up to $7.00 and smackdown back to 6.20s/5.80s, as per recent trends. |
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teflone
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January 15, 2012, 12:18:25 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
I think this scenario is the most likely to get us over $7.20 this weekend. Otherwise it's up to $7.00 and smackdown back to 6.20s/5.80s, as per recent trends. We are dancing on the head of a needle that has only one direction from here.. What I see right now is epic... what is comming soon, will make believers out of the most hardened pessimists.. |
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StewartJ
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January 15, 2012, 12:29:50 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
I think this scenario is the most likely to get us over $7.20 this weekend. Otherwise it's up to $7.00 and smackdown back to 6.20s/5.80s, as per recent trends. We are dancing on the head of a needle that has only one direction from here.. What I see right now is epic... what is comming soon, will make believers out of the most hardened pessimists.. Will be interesting to see where we go from here. Like your Nicholson Avatar, is that from Five Easy Pieces movie? |
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legitnick
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January 15, 2012, 12:35:36 AM |
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$7 here we come.
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teflone
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January 15, 2012, 12:38:55 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
I think this scenario is the most likely to get us over $7.20 this weekend. Otherwise it's up to $7.00 and smackdown back to 6.20s/5.80s, as per recent trends. We are dancing on the head of a needle that has only one direction from here.. What I see right now is epic... what is comming soon, will make believers out of the most hardened pessimists.. Will be interesting to see where we go from here. Like your Nicholson Avatar, is that from Five Easy Pieces movie? I actually do not know where it comes from, I would like to know though.. ? Passing 7 is highly highly probable |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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January 15, 2012, 12:55:22 AM |
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Somebody's sticking their neck out there pretty far with those large asks right down at spot.
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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.
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FlipPro (OP)
Legendary
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Activity: 1764
Merit: 1015
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January 15, 2012, 01:03:18 AM |
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Somebody's sticking their neck out there pretty far with those large asks right down at spot.
SUP? LETS TEAR THIS SHIT DOWN NOW!!
$8 HERE WE COME |
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teflone
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January 15, 2012, 01:05:19 AM |
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Somebody's sticking their neck out there pretty far with those large asks right down at spot.
SUP? LETS TEAR THIS SHIT DOWN NOW!!
$8 HERE WE COME Number 1, take a number 2, engage.... |
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StewartJ
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January 15, 2012, 01:35:03 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
I think this scenario is the most likely to get us over $7.20 this weekend. Otherwise it's up to $7.00 and smackdown back to 6.20s/5.80s, as per recent trends. We are dancing on the head of a needle that has only one direction from here.. What I see right now is epic... what is comming soon, will make believers out of the most hardened pessimists.. Will be interesting to see where we go from here. Like your Nicholson Avatar, is that from Five Easy Pieces movie? I actually do not know where it comes from, I would like to know though.. ? Passing 7 is highly highly probable If you look at the bigger versions of your avatar pic, it looks like Jack is holding a doobie in one hand :-) |
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teflone
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January 15, 2012, 01:43:09 AM |
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I just want to note that if we get another spike of the same magnitude as the previous two, it could break resistance at 7.2 and carry us all the way to 8. However, we'll have to wait and see.
I think this scenario is the most likely to get us over $7.20 this weekend. Otherwise it's up to $7.00 and smackdown back to 6.20s/5.80s, as per recent trends. We are dancing on the head of a needle that has only one direction from here.. What I see right now is epic... what is comming soon, will make believers out of the most hardened pessimists.. Will be interesting to see where we go from here. Like your Nicholson Avatar, is that from Five Easy Pieces movie? I actually do not know where it comes from, I would like to know though.. ? Passing 7 is highly highly probable If you look at the bigger versions of your avatar pic, it looks like Jack is holding a doobie in one hand :-) why do you think I picked it ? hahahha |
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StewartJ
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January 15, 2012, 02:12:50 AM |
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This is the deciding moment for this rally. Everyone, watch this weekend closely. Anything from $5 to $9 is possible.
You said earlier that your BTC were out for a while. Does it make sense to go back in AFTER we pas $7.20, where the slope to $8.00 is smooth? |
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notme
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Activity: 1904
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January 15, 2012, 02:15:11 AM |
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This is the deciding moment for this rally. Everyone, watch this weekend closely. Anything from $5 to $9 is possible.
You said earlier that your BTC were out for a while. Does it make sense to go back in AFTER we pas $7.20, where the slope to $8.00 is smooth? Yes, provided you can get in below 7.5. |
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StewartJ
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January 15, 2012, 02:26:00 AM
Last edit: January 15, 2012, 02:58:24 AM by StewartJ |
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where the slope to $8.00 is smooth?
I fell out of my chair... OK, maybe not then... |
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proudhon
Legendary
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January 15, 2012, 03:24:17 AM |
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$1.2 million in bids.
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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.
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FlipPro (OP)
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Activity: 1764
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January 15, 2012, 03:39:33 AM |
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where the slope to $8.00 is smooth?
I fell out of my chair... OK, maybe not then... It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like. As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30. That's not alot of money... |
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StewartJ
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January 15, 2012, 03:59:45 AM |
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where the slope to $8.00 is smooth?
I fell out of my chair... OK, maybe not then... It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like. As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30. Good safety tip. thanks! |
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maxll
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January 15, 2012, 05:54:07 AM |
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 Why do you think so? |
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