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Author Topic: RALLY!  (Read 63094 times)
RyNinDaCleM
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February 08, 2012, 03:30:26 PM
 #661

Unfortunately the ask/sell side is becoming a tidal wave of hell. I may very well continue to drop. That buy wall at 5.72 was being eating quite quickly.

Quite so.  I'm not really saying that the price is fixed and can only go up; just that it was amusing to see no instant reaction to the dump.


We've seen the dumps so many times in the past, Many of us really just expect it, and try to profit from it.


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SlaveInDebt
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February 08, 2012, 06:01:48 PM
 #662

Who said nerds/geeks/etc can't learn to trade.



I picture Gox this way...

Though I couldn't do better.

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
cbeast
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Let's talk governance, lipstick, and pigs.


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February 08, 2012, 06:14:50 PM
 #663

Who said nerds/geeks/etc can't learn to trade.

<image snipped>
I picture Gox this way...

Though I couldn't do better.
I knew a kid made his first million at age 16 trading sports cards. What a racket that was (is?).

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
N12
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February 10, 2012, 06:03:15 PM
 #664

$1.29 million in bids.
Proudhon, was that the highest?

We are at a (at least local) high of 1.38 million now.

Remember the price was around 7 with fewer funds in Gox bids.
proudhon
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February 10, 2012, 06:07:44 PM
 #665

$1.29 million in bids.
Proudhon, was that the highest?

We are at a (at least local) high of 1.38 million now.

Remember the price was around 7 with fewer funds in Gox bids.

The highest I saw was just over $1.6 million on January 20th.  That was after the giant zhoutonging that took us down to $4.7 (or whatever it was).  Just before the zhoutonging the bid depth was at $1.3 million, which if I remember right was an all time high at the time (at least since we've been able to see the entire order book).

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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February 10, 2012, 06:11:30 PM
 #666

Interesting. To me, this confirms that depth is a lagging and at best a contrarian indicator for investor sentiment.

Useless.
GeniuSxBoY
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February 10, 2012, 06:50:24 PM
 #667

only $500,000 to $7.


there's gotta be someone with that lying in their couch somewhere.

Be humble!
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February 10, 2012, 06:52:44 PM
 #668

only $500,000 to $7.


there's gotta be someone with that lying in their couch somewhere.

*checks under couch cushions*

Sorry, I'm out.

Edit:  BTW, is everyone ready for the next leg up?

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.
SkRRJyTC
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February 10, 2012, 07:12:37 PM
 #669

Edit:  BTW, is everyone ready for the next leg up?

Made my biggest buy yet this morning Smiley Can I has rally now?
Hexadecibel
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February 10, 2012, 07:23:07 PM
 #670

Going long! @#$% the Federal reserve!
Spekulatius
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February 10, 2012, 07:29:45 PM
 #671

I say itll bounce back from 6 or 6.08$ before the bull stampede starts!

hopefully back to 5.5 smthg!
N12
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February 10, 2012, 07:31:28 PM
 #672

Edit:  BTW, is everyone ready for the next leg up?
Ready when you are.

I say itll bounce back from 6 or 6.08$ before the bull stampede starts!

hopefully back to 5.5 smthg!

Sold some, eh? Grin
Electricbees
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February 10, 2012, 08:39:25 PM
 #673

EAT UP THAT WALL.

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1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
SkRRJyTC
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February 10, 2012, 08:57:23 PM
 #674

EAT UP THAT WALL.

Im not sure we will even need to at $5.91 it keeps flickering...
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February 10, 2012, 08:57:46 PM
 #675

POOF!
SkRRJyTC
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February 10, 2012, 09:04:38 PM
 #676

Anyone want the last 10k BTC under $6?  Cheesy
proudhon
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February 10, 2012, 09:05:29 PM
 #677

Anyone want the last 10k BTC under $6?  Cheesy

Sure, I'll take em.

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.
SkRRJyTC
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February 10, 2012, 09:07:16 PM
Last edit: February 10, 2012, 09:17:44 PM by SkRRJyTC
 #678

EDIT: Here is a chart instead


Here comes the BOOM...
http://www.youtube.com/watch?v=nqWZqQXk_Ao
Remember remember the 5th of November
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February 10, 2012, 09:13:46 PM
 #679

Anyone want the last 10k BTC under $6?  Cheesy

Sure, I'll take em.

They can be yours for only 60,000 pieces of special paper!
If it's this special paper, I have loads of that Tongue


BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
Electricbees
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February 10, 2012, 10:59:41 PM
 #680

Dat flat blue line.

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