adamstgBit (OP)
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 17, 2012, 11:30:44 PM |
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sgbett
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Merit: 1087
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January 17, 2012, 11:35:48 PM |
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it will go back up to 5.80, then head lower.
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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Vandroiy
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Activity: 1036
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January 17, 2012, 11:44:29 PM |
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It all depends on what time-scale "when the dust clears" is.
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sgbett
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January 17, 2012, 11:46:07 PM |
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it will go back up to 5.80, then head lower.
It all depends on what time-scale "when the dust clears" is.
it will go back up to 5.8 in next 24hours, then head lower over next fortnight  forum post 2.0 - now with added timescales |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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cloon
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January 17, 2012, 11:52:26 PM |
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it will go back up to 5.80, then head lower.
It all depends on what time-scale "when the dust clears" is.
it will go back up to 5.8 in next 24hours, then head lower over next fortnight forum post 2.0 - now with added timescaleshaha u just missed buying ^^ |
donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
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Bro
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January 17, 2012, 11:53:38 PM |
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I don't see why it would'nt go back up between $6 an $7
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antoineph
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January 17, 2012, 11:54:07 PM |
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I don't see why it would'nt go back up between $6 an $7
haha, now that you've made your btc |
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jojo69
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Activity: 3332
Merit: 4615
diamond-handed zealot
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January 17, 2012, 11:58:45 PM |
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classic dampening wave converging on 5.55
trend is down
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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sgbett
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Activity: 2576
Merit: 1087
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January 18, 2012, 12:00:17 AM |
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I don't see why it would'nt go back up between $6 an $7
Because that price was being held up by all the over leveraged longs, who bought in during the preceding euphoria, that just all got smacked down. All that cash is now in the mystery shorter's account. I doubt he is in a hurry to pump the price back up as he has 17k bitcoin to buy back below 6.45 before he can realise his profit. |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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jojo69
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Activity: 3332
Merit: 4615
diamond-handed zealot
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January 18, 2012, 12:10:00 AM |
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All that cash is now in the mystery shorter's account. I doubt he is in a hurry to pump the price back up as he has 17k bitcoin to buy back below 6.45 before he can realise his profit.
bingo |
This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Oldminer
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Activity: 1022
Merit: 1001
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January 18, 2012, 12:37:26 AM |
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$6.80 or thereabouts..IMO  |
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Hunterbunter
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January 18, 2012, 12:47:38 AM |
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I don't see why it would'nt go back up between $6 an $7
Because that price was being held up by all the over leveraged longs, who bought in during the preceding euphoria, that just all got smacked down. All that cash is now in the mystery shorter's account. I doubt he is in a hurry to pump the price back up as he has 17k bitcoin to buy back below 6.45 before he can realise his profit. I think this is also the case, although if replacement cash is injected by people who still believe in a higher long (this might be a very good time to buy, in fact), that shorter would have more pressure to act sooner rather than later wouldn't he? |
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adamstgBit (OP)
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January 18, 2012, 03:57:25 AM |
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re-vote!  |
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