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Author Topic: RALLY!  (Read 63119 times)
naima53
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January 16, 2012, 07:46:23 AM
 #321

Someone just removed their 2500 BTC ask at $7.1999. The wall is thinning.
Wink Rally? -  will be rally!

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SgtSpike
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January 16, 2012, 08:10:51 AM
 #322

I have turned from cautiously bullish to extremely bullish after seeing the bit-pay and google results after the show.  Good stuff!
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January 16, 2012, 08:16:35 AM
 #323

I'm cautiously optimistic.. just shy of short term bullish.

Judging by some of the Good Wife episode reviews and comments outside of this forum - It seems to me that the 'bitcoin' aspect of the story is going to be to many, just some quirky sideline. Most fans of the show will be far more interested in the ongoing story arcs.

I still thought it was great publicity for bitcoin - just to get the word out there and in the back of people's minds.



@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
notme
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January 16, 2012, 08:21:30 AM
 #324

I'm cautiously optimistic.. just shy of short term bullish.

Judging by some of the Good Wife episode reviews and comments outside of this forum - It seems to me that the 'bitcoin' aspect of the story is going to be to many, just some quirky sideline. Most fans of the show will be far more interested in the ongoing story arcs.

I still thought it was great publicity for bitcoin - just to get the word out there and in the back of people's minds.




This is key.  The less the reaction is WTF? the better off we'll be.

https://www.bitcoin.org/bitcoin.pdf
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incraft3817
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January 16, 2012, 08:25:36 AM
 #325

I'm bored.  Tongue
BTCurious
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January 16, 2012, 08:25:41 AM
 #326

Most fans of the show will be far more interested in the ongoing story arcs.
This just in: "bit coin" on place 7 in Google trends.

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January 16, 2012, 08:28:44 AM
 #327

http://www.google.com/trends/hottrends?q=bit+coin&date=2012-1-16&sa=X

Bitcoins - Because we should not pay to use our money
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January 16, 2012, 09:32:16 AM
 #328

You guys remember these times?


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January 16, 2012, 02:09:07 PM
 #329

After seeing the Good Wife episode I have to say that I'm now 100% confident that it's only a matter of time when this rally EXPLODES. The pot is about to boil over and the longer it takes for it to start, the more massive the rally will be.

Testing $8 is unquestionable at this point, in fact we could be testing $10 this week.

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NamelessOne
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January 16, 2012, 02:10:28 PM
 #330

After seeing the Good Wife episode I have to say that I'm now 100% confident that it's only a matter of time when this rally EXPLODES. The pot is about to boil over and the longer it takes for it to start, the more massive the rally will be.

Testing $8 is unquestionable at this point, in fact we could be testing $10 this week.

Im glad the reaction to the show was so good.
zby
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January 16, 2012, 02:14:54 PM
 #331

After seeing the Good Wife episode I have to say that I'm now 100% confident that it's only a matter of time when this rally EXPLODES. The pot is about to boil over and the longer it takes for it to start, the more massive the rally will be.

Testing $8 is unquestionable at this point, in fact we could be testing $10 this week.

Didn't you have similar confidence about bitcoin all the way down from August to November?  For the long term I mostly share your opinions - but now we are probably heading into a longer correction.
anu
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January 16, 2012, 02:22:29 PM
 #332

Didn't you have similar confidence about bitcoin all the way down from August to November?  For the long term I mostly share your opinions - but now we are probably heading into a longer correction.

Can't you just say that you want to buy cheap before the GoodWife effect kicks in?

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Technomage
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January 16, 2012, 02:24:37 PM
 #333

Didn't you have similar confidence about bitcoin all the way down from August to November?  For the long term I mostly share your opinions - but now we are probably heading into a longer correction.
I didn't. I don't have exact dates but I lost my confidence when we were around $8, coming down. A bit late but still early enough to make some very good trading decisions after that. Switched back to bull when we triple bottomed at $2.

I agree that there will be corrections and a bigger correction at some point but I think it's highly unlikely for it to come now. The biggest correction we will see at this time is the one that already happened, to around $6.2. It could be that a larger correction happens once we reach $8 - $10.

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1862
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January 16, 2012, 02:24:54 PM
 #334

All about the new money isn't it, will there be any? who knows, not even these cats I posted in another thread.

http://www.desktop-xp.com/images/free-cat-screensaver/big3.jpg

What are they afraid of? bulls? bears? some kind of bullbear hybrid?
Technomage
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January 16, 2012, 02:34:37 PM
 #335

The funny thing is that we don't need any new money to have a super rally. The orderbook is showing an unprecedented amount of money out there already. And this is not all there is. However the same applies to the bitcoins that sellers are keeping out of the books.

I'm seeing people scrambling to deposit right now in hopes of getting their money in while we're still below $8. This is a race against time. We don't need a penny from the viewers of Good Wife to get this thing going, the current community is more than capable of causing a massive rally with the money that's currently there and especially when the next set of deposits arrive.

To me the Good Wife episode is something that will be beneficial to Bitcoin over the next few months, not something that will affect the markets directly in a few days time. But the positive effect from the show will cause investors to become even more bullish, they will deposit and buy now that the "expected value" of Bitcoin seems higher. So the episode does have a strong indirect effect and a gradual direct effect over the weeks and months to come.

Denarium closing sale discounts now up to 43%! Check out our products from here!
NamelessOne
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January 16, 2012, 04:06:54 PM
 #336

Ya'll do realize there is going to be a dip...

Aaaannnd... The dip.

What made you certain? The lack of new money since early in the month?
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January 16, 2012, 04:07:57 PM
 #337

Ya'll do realize there is going to be a dip...

Aaaannnd... The dip.

What made you certain? The lack of new money since early in the month?

Technicals showed uncertainty even though a glance at the charts made things look rosy Smiley

This is why I was cautious about calling a rally to $8... never posted that thread.

(BFL)^2 < 0
SkRRJyTC
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January 16, 2012, 04:10:26 PM
 #338

Ya'll do realize there is going to be a dip...

Yeah absolutely,

After $8 maybe Smiley

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Guess you were right... Not like I could open a lower position at bitcoinica now anyway though*****

So im still holding long ***

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NamelessOne
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January 16, 2012, 04:11:24 PM
 #339

Cool, well thanks for the warning ahead of time, hehe, even if the climb to 7.19 was fun.
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January 16, 2012, 04:15:07 PM
 #340

Ya'll do realize there is going to be a dip...

Yeah absolutely,

After $8 maybe Smiley

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Guess you were right... Not like I could open a lower position at bitcoinica now anyway though*****

So im still holding long ***

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Good call... I dropped 80 BTC from my long above 7, and have multiple opportunities to buy back in for a gain that were denied by the *... lame.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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