cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 19, 2012, 08:21:40 PM |
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if the Dow ends up, like it looks like it will, it seems to me that i've noticed small rallies beginning right after the close. Wall St. traders rotating to the Bitcoin markets?  no guarantees of course. |
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StewartJ
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January 19, 2012, 08:32:34 PM |
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if the Dow ends up, like it looks like it will, it seems to me that i've noticed small rallies beginning right after the close. Wall St. traders rotating to the Bitcoin markets? no guarantees of course. Correlation duly noted, every little bit helps. Wondering, would there not be a lag time in shifting wall street profits over to bitcoin exchanges? |
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ineededausername
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January 19, 2012, 08:34:15 PM |
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if the Dow ends up, like it looks like it will, it seems to me that i've noticed small rallies beginning right after the close. Wall St. traders rotating to the Bitcoin markets? no guarantees of course. Correlation duly noted, every little bit helps. Wondering, would there not be a lag time in shifting wall street profits over to bitcoin exchanges? There would, but I'm guessing that this theory is saying that they have existing funds on the exchanges and when they go home for the night, they're more likely to speculate on Bitcoin when they're up.  |
(BFL)^2 < 0
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StewartJ
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January 19, 2012, 08:41:35 PM |
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if the Dow ends up, like it looks like it will, it seems to me that i've noticed small rallies beginning right after the close. Wall St. traders rotating to the Bitcoin markets? no guarantees of course. Correlation duly noted, every little bit helps. Wondering, would there not be a lag time in shifting wall street profits over to bitcoin exchanges? There would, but I'm guessing that this theory is saying that they have existing funds on the exchanges and when they go home for the night, they're more likely to speculate on Bitcoin when they're up. Oh yeah, that's true. |
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RogerR
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Activity: 102
Merit: 10
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January 19, 2012, 08:42:05 PM |
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I could be wrong though, but I don't see why professional traders couldn't just add bitcoins to their list of traded securities even during work hours. In fact, for some it may even be the one thing they could legally trade without having to ask for approval.
It's imho probably more likely that bank transfers simply get approved and released after 4pm on Bitcoinica's MtGox account, which then causes their asterix to disappear for an hour or two.
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jojo69
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Activity: 3346
Merit: 4657
diamond-handed zealot
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January 19, 2012, 08:43:25 PM |
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I dunno guys
looks soft to me
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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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StewartJ
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January 19, 2012, 08:47:00 PM |
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I dunno guys
looks soft to me
OK, now look up at the screen... (sorry couldn't resist) |
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Serge
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Activity: 1050
Merit: 1000
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January 19, 2012, 08:51:38 PM |
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Asia wakes up after that time
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SkRRJyTC
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Activity: 1008
Merit: 1000
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January 19, 2012, 09:00:56 PM |
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4 EST = now
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StewartJ
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January 19, 2012, 09:06:48 PM |
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I'm going all in at 1 BTC to test cypherdoc's Wall-Street-to-Bitcoin-Rally after effect theory.
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 19, 2012, 09:12:25 PM |
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maybe they all decided to go get a beer instead?
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StewartJ
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January 19, 2012, 09:18:53 PM |
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maybe they all decided to go get a beer instead?
maybe the Euro gave them a hard time.... |
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SkRRJyTC
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Activity: 1008
Merit: 1000
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January 19, 2012, 09:22:50 PM |
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It does seem like something is going on... not sure which way yet.
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wachtwoord
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Activity: 2338
Merit: 1136
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January 19, 2012, 09:23:07 PM |
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maybe they all decided to go get a beer instead?
Sounds like a plan ! |
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StewartJ
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January 19, 2012, 09:26:08 PM |
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The last time we had a long drawn-out and very narrow trading range, like we're experiencing now, we had a good
rally up to next support point.
Hoping for some deja vu.
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pirateat40
Avast Ye!
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Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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January 19, 2012, 09:28:44 PM |
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*Calls the bears to the fight.*
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SkRRJyTC
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Activity: 1008
Merit: 1000
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January 19, 2012, 09:31:57 PM |
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*Calls the bears to the fight.*
Down she goes? Up she goes? |
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cypherdoc (OP)
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Activity: 1764
Merit: 1002
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January 19, 2012, 09:32:44 PM |
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*Calls the bears to the fight.*
beers or bears? |
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proudhon
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Activity: 2198
Merit: 1311
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January 19, 2012, 09:33:01 PM |
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*Calls the bears to the fight.*
They're showing up. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Dutch Merganser
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Activity: 84
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January 19, 2012, 09:48:16 PM |
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maybe they all decided to go get a beer instead?
You got it. If they're screwing around with bitcoins at all right now, they're on their phones playing a game of "Probe The Starfish" between drinks. Lots of "Hey! Watch this!", "Oooh! That was tight!" and hootin' and hollerin'. Then it will be time for dinner. America Drinks And Goes Home  |
"Science flies you to the Moon, religion flies you into buildings."
- Victor Stenger
"Religion is regarded by the common people as true, by the wise as false, and the rulers as useful."
- Seneca the Elder (ca. 54 BCE - ca. 39 CE) Roman rhetorician
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