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Author Topic: Major correction to rally coming...  (Read 11016 times)
ineededausername (OP)
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December 25, 2011, 02:37:13 PM
 #41

the fuck, another rally!?

making me confused... maybe this is III after all

(BFL)^2 < 0
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December 25, 2011, 02:39:17 PM
 #42

the fuck, another rally!?

making me confused... maybe this is III after all

Oh it is... oh it is!!! Merry Christmas!
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December 25, 2011, 04:02:32 PM
 #43

Will it touch $5.00?
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December 25, 2011, 04:53:14 PM
 #44

Told you guys, 4.25 was the next target..


Thank you, thank you... Cheesy

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December 25, 2011, 04:55:38 PM
 #45

Told you guys, 4.25 was the next target..


Thank you, thank you... Cheesy
Nice!

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December 25, 2011, 04:55:53 PM
 #46

I'm with you, I called it as being a trap and I think I'll be proved right soon. 

LOL!
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December 25, 2011, 04:57:24 PM
 #47

And I think it was the toothfairy who sold immediately after.

No, that was just a bot and it was very low volume.  

The buy took out a $30k wall at $4.0 and up to $4.10, it was over $50k in total.  And it was Santa Claus.

you do know that Santa Claus has alotta money right?
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December 25, 2011, 06:38:51 PM
 #48

I'm pretty sure Papa Christmas is like the fed, he doesnt need to own that much fiat, he can create as much as he needs by deminishing the value of what he ows other kindred spirits.

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December 25, 2011, 07:10:16 PM
 #49

There really isn't a way to know this, but looking at the 1 minute charts it almost looks like somebody sold 18k BTC, the price immediately bounced back and began moving slightly up with strong support and the person who sold panicked and bought back in.  That's wildly speculative, but, hey, that's what this place is for, right?

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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December 25, 2011, 07:19:10 PM
 #50

There really isn't a way to know this, but looking at the 1 minute charts it almost looks like somebody sold 18k BTC, the price immediately bounced back and began moving slightly up with strong support and the person who sold panicked and bought back in.  That's wildly speculative, but, hey, that's what this place is for, right?

If you're talking about that initial pop above $4, the buy was first and it was about 10k BTC.  The sell followed immediately afterwards and it was about 9k BTC.  But then the bids filled up really quick.

Here comes Santa Claus, here comes Santa Claus
Right down Santa Claus lane..

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December 25, 2011, 07:23:15 PM
 #51

There really isn't a way to know this, but looking at the 1 minute charts it almost looks like somebody sold 18k BTC, the price immediately bounced back and began moving slightly up with strong support and the person who sold panicked and bought back in.  That's wildly speculative, but, hey, that's what this place is for, right?

If you're talking about that initial pop above $4, the buy was first and it was about 10k BTC.  The sell followed immediately afterwards and it was about 9k BTC.  But then the bids filled up really quick.

Here comes Santa Claus, here comes Santa Claus
Right down Santa Claus lane..

Thanks.  I wasn't watching at the time and it's always hard to tell exactly how things went from the charts.  The bids have been filling in quite rapidly.  Just a couple of days ago the asks to $5 and bids to $3 were pretty even in terms of bitcoin depth at around 50,000.  Now it's 82,000 to $3 and 28,000 to $5.  That's a pretty dramatic shift.

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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December 26, 2011, 01:44:09 AM
 #52

Pretty nice press lately. Bitcoin is proving that it's not going anywhere, that it's just getting started. This is basically what I've been saying for a long time, now we are starting the slow gradual process of convincing the skeptics.

This process has just started, reading comments from the numerous articles lately lead to the conclusion that even among the tech-minded, a good number of people are still totally clueless of Bitcoin and the revolutionary potential it has.

My own view is more bullish than ever. From a technical price standpoint and most of all, because I love Bitcoin. I want to keep a portion of my wealth as bitcoins. In fact, I decided today that I will increase that portion by a few percentages. I feel it's a good idea right now.

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December 26, 2011, 01:47:05 AM
 #53

Pretty nice press lately. Bitcoin is proving that it's not going anywhere, that it's just getting started. This is basically what I've been saying for a long time, now we are starting the slow gradual process of convincing the skeptics.

This process has just started, reading comments from the numerous articles lately lead to the conclusion that even among the tech-minded, a good number of people are still totally clueless of Bitcoin and the revolutionary potential it has.

My own view is more bullish than ever. From a technical price standpoint and most of all, because I love Bitcoin. I want to keep a portion of my wealth as bitcoins. In fact, I decided today that I will increase that portion by a few percentages. I feel it's a good idea right now.

yes, me too.  i spent the last week taking a break from my blog to accumulate even more Bitcoin.  at these prices how could i not?
ineededausername (OP)
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December 26, 2011, 03:06:32 AM
 #54

Pretty nice press lately. Bitcoin is proving that it's not going anywhere, that it's just getting started. This is basically what I've been saying for a long time, now we are starting the slow gradual process of convincing the skeptics.

This process has just started, reading comments from the numerous articles lately lead to the conclusion that even among the tech-minded, a good number of people are still totally clueless of Bitcoin and the revolutionary potential it has.

My own view is more bullish than ever. From a technical price standpoint and most of all, because I love Bitcoin. I want to keep a portion of my wealth as bitcoins. In fact, I decided today that I will increase that portion by a few percentages. I feel it's a good idea right now.

yes, me too.  i spent the last week taking a break from my blog to accumulate even more Bitcoin.  at these prices how could i not?

Though I believe we will definitely have a reasonably large correction soon (that's just how markets work...), I'm with you.  We'll see triple digits in 2013, if not 2012 Smiley

(BFL)^2 < 0
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December 26, 2011, 12:03:48 PM
 #55

I'm with you, I called it as being a trap and I think I'll be proved right soon. 

LOL!

lol indeed



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December 26, 2011, 12:36:54 PM
 #56

I'm with you, I called it as being a trap and I think I'll be proved right soon. 

LOL!

lol indeed




Hey if this is your idea of a failure I can live with this
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December 26, 2011, 12:42:19 PM
 #57

I said trap, not failure.  Interesting you think the two are the same though, they really aren't. 

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December 26, 2011, 12:46:06 PM
 #58

I said trap, not failure.  Interesting you think the two are the same though, they really aren't. 

hey if this is your idea of a trap I can live with this
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December 26, 2011, 12:54:50 PM
 #59

I said trap, not failure.  Interesting you think the two are the same though, they really aren't. 

hey if this is your idea of a trap I can live with this

Me too, already hit my bids.

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December 26, 2011, 12:58:10 PM
 #60

I said trap, not failure.  Interesting you think the two are the same though, they really aren't. 

hey if this is your idea of a trap I can live with this

Me too, already hit my bids.

glad to hear you're buying!
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