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Hunterbunter (OP)
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January 18, 2012, 04:39:00 AM
 #21
Quote from: SlaveInDebt on January 18, 2012, 04:30:04 AM
Quote from: RyNinDaCleM on January 18, 2012, 04:28:35 AM
We are right where we are supposed to be!



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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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January 18, 2012, 04:47:43 AM
 #22
well, stop buying till it goes to 5.5$ or something
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January 18, 2012, 06:13:28 AM
 #23
Round 3?  Grin
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January 18, 2012, 06:25:28 AM
 #24
Looks like this will be our new trading range for a while:
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January 18, 2012, 06:26:58 AM
 #25
Quote from: StewartJ on January 18, 2012, 06:25:28 AM
Looks like this will be our new trading range for a while:




That would be very profitable. The spread is bound to become very narrow soon.
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January 18, 2012, 07:06:22 AM
 #26
Quote from: StewartJ on January 18, 2012, 06:25:28 AM
Looks like this will be our new trading range for a while:




No sooner did you post that, did the price hit close to the bottom rung of that again.

This is some huge volatility...to make it more interesting, I'm hoping the person who put the supports in just now is a competing big player, rather than the one that's working the top end.
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January 18, 2012, 09:43:39 AM
 #27
Supports are taking a risk.  Bitcoinica's bullseye is up, so the bears have a small advantage.  Hourly chart looks cautiously bullish, but 15-min chart is bearish.  Longer term has unclear signs.  It sure will be interesting, but perhaps the support will be enough to ensure some bears get gored.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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