Bitcoin Forum
December 05, 2016, 04:42:16 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
  Print  
Author Topic: $7 today, in my opinion  (Read 3565 times)
arepo
Sr. Member
****
Offline Offline

Activity: 448


this statement is false


View Profile
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.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480956136
Hero Member
*
Offline Offline

Posts: 1480956136

View Profile Personal Message (Offline)

Ignore
1480956136
Reply with quote  #2

1480956136
Report to moderator
1480956136
Hero Member
*
Offline Offline

Posts: 1480956136

View Profile Personal Message (Offline)

Ignore
1480956136
Reply with quote  #2

1480956136
Report to moderator
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
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.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Sitarow
Legendary
*
Offline Offline

Activity: 1624



View Profile
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.
ineededausername
Hero Member
*****
Offline Offline

Activity: 784


bitcoin hundred-aire


View Profile
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
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
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.
Bigpiggy01
Hero Member
*****
Offline Offline

Activity: 616



View Profile
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




Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!