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Author Topic: $7 today, in my opinion  (Read 4078 times)
ineededausername (OP)
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January 05, 2012, 10:31:01 PM
 #1

It looks like we're taking off!

(BFL)^2 < 0
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ineededausername (OP)
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January 05, 2012, 10:32:27 PM
 #2

13k to $7.  If the trend continues, we'll see $7 by midnight.

(BFL)^2 < 0
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January 05, 2012, 10:36:37 PM
 #3

It looks like we're taking off!

I will believe only after short liquidation or after the following levels:
6.25 + 6% (of squeese at 10:1) = 6.625
6.25 + 16% (of squeese at 5:1) = 7.25
6.25 + 36% (of squeese at 2.5:1) = 8.5
6.25 + 96% (of squeese at 1:1) = 12.25
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January 05, 2012, 10:37:46 PM
 #4

There you guys have it. ineedausername said it will be $7 by midnight! BUY BUY BUY!
ineededausername (OP)
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January 05, 2012, 10:38:31 PM
 #5

We just hit $6.5.  We're on track to reach the first liquidation target, which could cause a chain reaction.

(BFL)^2 < 0
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January 05, 2012, 10:40:12 PM
 #6

13k to $7.  If the trend continues, we'll see $7 by midnight.

Your the Manipulator aren't you?    I can't take any chances so I'm gona put my tin foil hat on now.  Wink
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January 05, 2012, 10:41:12 PM
 #7

13k to $7.  If the trend continues, we'll see $7 by midnight.

Your the Manipulator aren't you?    I can't take any chances so I'm gona put my tin foil hat on now.  Wink

I predict spikes awfully accurately, don't I... Wink

(BFL)^2 < 0
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January 05, 2012, 10:43:57 PM
 #8

upcoming weekend will be full of fun )
ineededausername (OP)
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January 05, 2012, 10:47:26 PM
 #9

We're nearing the 10:1 liquidation target. 
Additionally, 6.6 used to be a strong support in the old days, was the site of an askwall days ago, and has now been breached.

(BFL)^2 < 0
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January 05, 2012, 10:52:30 PM
 #10

We're nearing the 10:1 liquidation target. 
Additionally, 6.6 used to be a strong support in the old days, was the site of an askwall days ago, and has now been breached.

Let the Zhoutonging commence! Wink
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January 05, 2012, 10:53:01 PM
 #11

has now been breached.

has now been Reached. And aggressively defended.
ineededausername (OP)
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January 05, 2012, 10:53:53 PM
 #12

The resistance is because 6.6 USD = 5 EUR, apparently.
edit: Never mind.  mtgoxEUR is 5.00 right now though.

(BFL)^2 < 0
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January 05, 2012, 10:57:16 PM
 #13

I predict spikes awfully accurately, don't I... Wink

I'm still waiting on the correction back to $2.5-$3.0 that you claimed was going to happen by this weekend: https://bitcointalk.org/index.php?topic=55563.0

There's been a rally for an entire month... time for a correction.  I'm going to predict a target of around $2.5-3 for this correction, but definitely not <$2.  The correction will probably come in the next week or two.

^^^ Posted on 12/24/11  Roll Eyes

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January 05, 2012, 10:58:09 PM
 #14

13k to $7.  If the trend continues, we'll see $7 by midnight.

Your the Manipulator aren't you?    I can't take any chances so I'm gona put my tin foil hat on now.  Wink

I predict spikes awfully accurately, don't I... Wink


It's the magical middle finger
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January 05, 2012, 11:00:49 PM
 #15

I'm still waiting on the correction back to $2.5-$3.0


I told, i told, it was fake rally !!!



Down !!!
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January 05, 2012, 11:01:10 PM
 #16

I predict spikes awfully accurately, don't I... Wink

I'm still waiting on the correction back to $2.5-$3.0 that you claimed was going to happen by this weekend: https://bitcointalk.org/index.php?topic=55563.0

There's been a rally for an entire month... time for a correction.  I'm going to predict a target of around $2.5-3 for this correction, but definitely not <$2.  The correction will probably come in the next week or two.

^^^ Posted on 12/24/11  Roll Eyes

the sentiment has been long changed
ineededausername (OP)
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January 05, 2012, 11:02:05 PM
 #17

I'm still waiting on the correction back to $2.5-$3.0


I told, i told, it was fake rally !!!

Down !!!

After every up-spike, there is a down-spike.  This proves nothing Roll Eyes

(BFL)^2 < 0
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January 05, 2012, 11:06:01 PM
 #18

I'm still waiting on the correction back to $2.5-$3.0


I told, i told, it was fake rally !!!


Down !!!

All rallies have corrections, there was nothing fake about this. It may continue to climb, or it may settle down. Nothing fake or unusual about this.
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January 05, 2012, 11:08:19 PM
 #19

we're flying to 7.4 tonight-tomorrow
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January 05, 2012, 11:37:22 PM
 #20

Shit, I just saw it spike up to like 6.96. Then Mtgox Live crashed??

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January 05, 2012, 11:38:22 PM
 #21

Shit, I just saw it spike up to like 6.96. Then Mtgox Live crashed??

It's already 7!
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January 05, 2012, 11:42:27 PM
 #22

It's already 7!

Now we DEFINITELY need the correction...
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January 05, 2012, 11:45:09 PM
 #23

There you guys have it. ineedausername said it will be $7 by midnight! BUY BUY BUY!

Hmmmmm.....   I'm calling shenanigans on ineedausername.  Can I get a second from the gallery?
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January 05, 2012, 11:46:06 PM
 #24

Can we get some >$10 voodoo next?  
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January 05, 2012, 11:47:44 PM
 #25

Can we get some >$10 voodoo next?  

sure, this is a game, everything is possible
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January 05, 2012, 11:48:21 PM
 #26

It's already 7!

Now we DEFINITELY need the correction...

As a miner I would have no problem w/ a correction from $7.13 to $5.80.  Smiley
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January 05, 2012, 11:49:20 PM
 #27

only question is who would want to sell massive amounts now?!
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January 05, 2012, 11:50:07 PM
Last edit: January 06, 2012, 12:13:05 AM by elux
 #28

 Wink

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January 05, 2012, 11:51:33 PM
 #29

only question is who would want to sell massive amounts now?!

Only that one guy who thinks we will DEFINITELY correct now? Because the people who thought that at $5.8 have learned their lesson.  Cheesy
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January 05, 2012, 11:55:13 PM
 #30

I call a rally to $20, leading up to CES!
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January 05, 2012, 11:57:00 PM
 #31

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley
ineededausername (OP)
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January 06, 2012, 12:05:22 AM
 #32

Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

(BFL)^2 < 0
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January 06, 2012, 12:48:37 AM
 #33

Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
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January 06, 2012, 01:22:21 AM
 #34

Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?

Probably.  But you are in good company.

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January 06, 2012, 01:23:00 AM
 #35

Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
I think selling at this point is retarded... I already got burned on the way up to $5. Not doing that again..
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January 06, 2012, 01:52:36 AM
 #36

Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
I think selling at this point is retarded... I already got burned on the way up to $5. Not doing that again..

I just take little breaks for 1/2 day or so just in case the price tanks.  Yeah, I'm cautiously retarded: Smiley
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January 06, 2012, 04:34:49 AM
 #37

Just finished my dinner and saw $7 on the screen.  Well done, gentlemen.

Sold at $7.20 for a bit of profit taking.

Waiting for a bit of a pull back then back in for next rally.

Am I being too cautious?
I think selling at this point is retarded... I already got burned on the way up to $5. Not doing that again..

I just take little breaks for 1/2 day or so just in case the price tanks.  Yeah, I'm cautiously retarded: Smiley

Considering we've barely been over $7.20, I think you did fine. But it won't always work like that. So choose buying/selling points carefully, so as to not need to chase the train rolling away from you!

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January 06, 2012, 04:45:00 AM
 #38

Quote
as to not need to chase the train rolling away from you!
I did that for about $.50 awhile back. Tongue  Then I was like, just buy the damn thing  Angry
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January 06, 2012, 04:49:35 AM
 #39

It's already 7!

Now we DEFINITELY need the correction...

This "rally" IS the correction, and it is just beginning.

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January 06, 2012, 08:56:51 AM
 #40

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!
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January 06, 2012, 09:10:20 AM
 #41

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

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January 06, 2012, 09:12:59 AM
 #42

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

We escaped the looming head and shoulders... I think we'll at least flirt with 7.2 again before any reversal.

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January 06, 2012, 09:20:21 AM
 #43

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

At this time we can list many reasons for the increase in Bitcoin valuation. I am confident the project will experience a momentum that will play out in favor of higher prices.

However I hope that it will be at a sustainable price.
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January 06, 2012, 01:59:53 PM
 #44

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

When has a correction not happened in the history of spikes?
A correction, sometimes violent, will ALWAYS happen.  It's funny when bears come out and say it's the end of the world.  Look, we're back to 6.85 now.

(BFL)^2 < 0
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January 06, 2012, 02:11:39 PM
 #45

I call a rally to $20, leading up to CES!

The odds of seeing 6.4 is far greater then $20 Smiley

Well now that we have seen sub $6.4

$8 here we come!

but in the meantime the bid volume that seemed previously overwhelming has been decimated by the downward momentum and magical poofing walls. it seems equally as likely to correct the month-long rally as it is to continue ramping. we just witnessed a serious correction to the spike to 7 that could easily usher in a short-term reversal.

When has a correction not happened in the history of spikes?
A correction, sometimes violent, will ALWAYS happen.  It's funny when bears come out and say it's the end of the world.  Look, we're back to 6.85 now.

A difference worth considering now is that it won't take as much BTC build-up on the ask side to overwhelm the bids.

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January 06, 2012, 03:02:42 PM
 #46

Quote
A difference worth considering now is that it won't take as much BTC build-up on the ask side to overwhelm the bids.


For sure a valid point and I think we might see a bit of that over the weekend like in April-May last year. But overall I'd still say that we're headed UP  Grin And taking that into consideration I don't really see too much selling pressure building up until we hit roughly 10 USD/BTC




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