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Author Topic: Was the big spike a sign of the bull or bear?  (Read 1016 times)
bittenbob
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January 10, 2012, 07:14:02 AM
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With that quick rally to 6.89 seemingly out of nowhere does this signal a reversal to the current bullish trend or is it a sign of further correction?


Personally I think it is a sign when I wake up tomorrow we will see $7 bitcoin again.
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notme
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January 10, 2012, 07:15:02 AM
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With that quick rally to 6.89 seemingly out of nowhere does this signal a reversal to the current bullish trend or is it a sign of further correction?


Personally I think it is a sign when I wake up tomorrow we will see $7 bitcoin again.

We might not have to wait that long...

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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the joint
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January 10, 2012, 07:31:16 AM
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I bought.

Vandroiy
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January 10, 2012, 01:12:17 PM
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Sometimes I wonder whether you guys are aware that someone who is able to clearly answer such a question will most likely be trading the moment hi figured it out.

Also, public opinion does not suffice to put price wherever people want it. The farther it is from the non-speculative equilibrium point, the stronger forces will be that go against the opinion.

The spikes are man-made. Most likely, these people don't know themselves, so they won't be able to encode magic information into them, unless they secretly know and just don't admit it to themselves or something. I find that unlikely.
cypherdoc
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January 10, 2012, 04:44:17 PM
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Fear is melting in the general markets.  It's time to invest in something you believe in:

naima53
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January 10, 2012, 04:47:03 PM
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Quote
It's time to invest in something you believe in:
THIS

Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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January 10, 2012, 06:11:53 PM
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Just don't start opening thread when it reach 30$ with "bawwhhh early adopters were able to buy bitcoins at 6.5$ and make huge profits bawwhhh"

Early adopters=RISK
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