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Author Topic: Triangle breakout  (Read 2565 times)
randomguy7
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January 07, 2012, 11:40:32 PM
 #21

Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze Grin.

how recently?

Yesterday, but I don't remember the time, I saw it quite frequently.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Crypt_Current
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January 07, 2012, 11:41:40 PM
 #22

Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze Grin.

how recently?

Yesterday, but I don't remember the time, I saw it quite frequently.

about 2pm - 6pm Central Standard Time.  Might have been longer but that's when I was at it.

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January 08, 2012, 01:00:21 AM
 #23

Recently lots of people were short on bitcoinica (they were out of bitcoins for further sells). This might result in a nice litte short squeeze Grin.

how recently?

Yesterday, but I don't remember the time, I saw it quite frequently.

Juicy.
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January 08, 2012, 01:05:26 AM
 #24

Get Ready....



1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
ineededausername
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January 08, 2012, 01:07:01 AM
 #25

moment of truth...

(BFL)^2 < 0
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January 08, 2012, 03:06:04 AM
 #26

It appears you were right about the breakout... the question now is will these prices sustain, go back down or up. Im hoping up.
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January 08, 2012, 07:39:05 AM
 #27

If you do the same analysis on a chart right now I believe it will show another triangle. Are we about to go up to $8 in the next couple of hours?
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January 08, 2012, 08:08:17 AM
 #28

If you do the same analysis on a chart right now I believe it will show another triangle. Are we about to go up to $8 in the next couple of hours?

yes anytime between now and 96 hours from now we will suddenly break out to 8.xx

zby
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January 08, 2012, 08:19:15 AM
 #29

There will be no break out without the newsletter from S3052 Smiley
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January 08, 2012, 09:33:53 AM
 #30

There will be no break out without the newsletter from S3052.

huh, what?

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January 08, 2012, 10:46:07 AM
 #31

There will be no break out without the newsletter from S3052.

funny)
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January 08, 2012, 10:48:24 AM
 #32

That was a semi-joke - I added a smilie now to make it evident.
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