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Author Topic: RALLY!  (Read 63119 times)
ineededausername
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January 17, 2012, 03:23:24 PM
 #441

I think we're stuck in the $6 range because someone huge is cashing out.  Eventually they'll run out of money and we'll keep going up again.

(BFL)^2 < 0
proudhon
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January 17, 2012, 03:45:19 PM
 #442

I think we're stuck in the $6 range because someone huge is cashing out.  Eventually they'll run out of money and we'll keep going up again.

You mean "run out of bitcon", and, I don't know, looks like there's plenty of unwanted bitcoin to go around.

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.
jojo69
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January 17, 2012, 03:49:46 PM
 #443

goddamn inau, you may be right...

the volume has gone out of it and the price is holding up admirably

HA, they got me for a few bucks there...good show!

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
Dutch Merganser
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January 17, 2012, 03:59:36 PM
 #444

I think we're stuck in the $6 range because someone huge is cashing out.  Eventually they'll run out of money and we'll keep going up again.

You mean "run out of bitcon", and, I don't know, looks like there's plenty of unwanted bitcoin to go around.

I seem to recall some discussion from a while back ( last time it was around $3 ) that there was a large overhang of buyers above $7 left over from the big bubble, but I don't have any data. Can anyone offer any insight on this?

"Science flies you to the Moon, religion flies you into buildings."
 - Victor Stenger

"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
 - Seneca the Elder (ca. 54 BCE - ca. 39 CE) Roman rhetorician
StewartJ
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January 17, 2012, 04:48:00 PM
 #445

I think we're stuck in the $6 range because someone huge is cashing out.  Eventually they'll run out of money and we'll keep going up again.

I think I see a day of profit-taking today, still shaking out from the last run up to 7.xx
naima53
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January 17, 2012, 05:33:29 PM
 #446

Rally is finished imo (short term) .. Sad. stupid triangle was broken down ... All fix profit... Thank you zhou for "*"  Cheesy

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proudhon
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January 17, 2012, 05:43:39 PM
 #447

100,000BTC to $8 now.  This has been the biggest order book flip I've ever seen.

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.
Serge
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January 17, 2012, 05:47:29 PM
 #448

100,000BTC to $8 now.  This has been the biggest order book flip I've ever seen.

it can be gone in instant tho or moved closer to push price further down
proudhon
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January 17, 2012, 05:50:51 PM
 #449

100,000BTC to $8 now.  This has been the biggest order book flip I've ever seen.

it can be gone in instant tho or moved closer to push price further down

True.

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.
naima53
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January 17, 2012, 06:25:32 PM
 #450

WOOOW I have not time to do to open a position.  Cheesy

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Crypt_Current
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January 17, 2012, 06:28:06 PM
 #451

DAMMIT every TIME I go to sleep price drops like fifty cents

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naima53
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January 17, 2012, 06:36:47 PM
 #452

"CROSS"

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Serge
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January 17, 2012, 06:40:45 PM
 #453

backwards rally =) i like that )
GeniuSxBoY
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January 17, 2012, 06:41:59 PM
 #454

DAMMIT every TIME I go to sleep price drops like fifty cents



everytime I wake there is another problem with bitcoinica.

Be humble!
Crypt_Current
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January 17, 2012, 07:29:01 PM
 #455

DAMMIT every TIME I go to sleep price drops like fifty cents



everytime I wake there is another problem with bitcoinica.

naaaaaahhh, bitcoinica's cool.  I'm just sad because I could have shorted that downspike and made a little lunch money for today.  It happens directly after I go to bed, every night, like clockwork.  Hmmm...

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Mushoz
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January 17, 2012, 07:29:34 PM
 #456

DAMMIT every TIME I go to sleep price drops like fifty cents

Please stop sleeping!  Grin

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Crypt_Current
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January 17, 2012, 07:32:50 PM
 #457

DAMMIT every TIME I go to sleep price drops like fifty cents

Please stop sleeping!  Grin

I REALLY would like to.  If only there were a technology for sending decentralized amphetamine instantly to my brain...   Cheesy

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
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RyNinDaCleM
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January 17, 2012, 08:52:53 PM
 #458

It happens directly after I go to bed, every night, like clockwork.  Hmmm...

You must be in Europe?!?
It happens right after I wake up every morning. Even if I sleep in a little, it waits for me. As if I hold things up!!!   Tongue

Crypt_Current
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January 17, 2012, 08:54:12 PM
 #459

It happens directly after I go to bed, every night, like clockwork.  Hmmm...

You must be in Europe?!?
It happens right after I wake up every morning. Even if I sleep in a little, it waits for me. As if I hold things up!!!   Tongue

Nah, I'm in the midwest USA.  I just sleep like I work a graveyard shift.  So the afternoon is my morning  Grin

10% off at CampBX for LIFE:  https://campbx.com/main.php?r=C9a5izBQ5vq  ----  Authorized BitVoucher MEGA reseller (& BTC donations appreciated):  https://bitvoucher.co/affl/1HkvK8o8WWDpCTSQGnek7DH9gT1LWeV5s3/
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StewartJ
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January 17, 2012, 10:14:31 PM
 #460

She is swinging back up from the low $6.xx. Has been the take-off point for last 3 moves up.

All aboard everyone for the ride up to $7.xx once again.
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