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Question: the next tipping point is ?
5.3
5.85
i make a post
give me stats

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Author Topic: del  (Read 1487 times)
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del
February 08, 2012, 10:44:08 PM
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del
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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February 08, 2012, 10:47:28 PM
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The battle in the $5's has been going on for a while now. It seems that somebody does not want the price to fall below $5. It is being well defended. Today alone 200,000K volume on mt gox, with it hitting low of $5.3.

However, even after they hit the low of $5.3, a big market player(s), decided to reinforce their position again and drive the price back up.

Seems like they don't want it to fall below $5.00, and will prevent it at all costs.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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You're fat, because you dont have any pics on FB


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February 08, 2012, 10:48:13 PM
 #3

The tipping point is 9.75

That is all

For Canadians by Canadians: Canada's Bitcoin Community - https://www.coinforum.ca/
Koekiemonster
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Bitbuy.nl!


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February 08, 2012, 10:48:30 PM
 #4

We tested the 5.30 low 6 hours ago and since then 26k BTC in bids have piled up. My bet is we won't see it again.

https://www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Bitcointalk topic over Bitbuy!
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February 08, 2012, 10:53:20 PM
 #5

The battle in the $5's has been going on for a while now. It seems that somebody does not want the price to fall below $5. It is being well defended. Today alone 200,000K volume on mt gox, with it hitting low of $5.3.

However, even after they hit the low of $5.3, a big market player(s), decided to reinforce their position again and drive the price back up.

Seems like they don't want it to fall below $5.00, and will prevent it at all costs.


There's somebody just as intent on the price falling.
byronbb
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HODL OR DIE


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February 08, 2012, 10:56:52 PM
 #6

Tipping point?? For what?

NamelessOne
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February 08, 2012, 10:56:59 PM
 #7

The battle in the $5's has been going on for a while now. It seems that somebody does not want the price to fall below $5. It is being well defended. Today alone 200,000K volume on mt gox, with it hitting low of $5.3.

However, even after they hit the low of $5.3, a big market player(s), decided to reinforce their position again and drive the price back up.

Seems like they don't want it to fall below $5.00, and will prevent it at all costs.


There's somebody just as intent on the price falling.

This. Right now it is a war between two big players leaving everyone else locked in the middle.
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February 08, 2012, 11:25:22 PM
 #8

5.3!!
proudhon
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February 08, 2012, 11:43:34 PM
 #9

Tipping point?? For what?
way down or way up

What do you want it to be?
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February 08, 2012, 11:45:38 PM
 #10

What do you want it to be?
look at my avatar  Grin

Will you lose money if the price pushes past $6.20?
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February 08, 2012, 11:51:39 PM
 #11

Tipping point?? For what?

The velvet.

http://haschinabannedbitcoin.com
Full Node: http://46.51.193.129 (BU)
"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
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February 09, 2012, 12:03:17 AM
 #12

We're at a point where the long term up trend is meeting the short term bear trend.

They will fight. Prices will be wild.

The side with more money will set the final price.
ineededausername
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bitcoin hundred-aire


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February 09, 2012, 12:13:41 AM
 #13

The battle in the $5's has been going on for a while now. It seems that somebody does not want the price to fall below $5. It is being well defended. Today alone 200,000K volume on mt gox, with it hitting low of $5.3.

However, even after they hit the low of $5.3, a big market player(s), decided to reinforce their position again and drive the price back up.

Seems like they don't want it to fall below $5.00, and will prevent it at all costs.


There's somebody just as intent on the price falling.

This. Right now it is a war between two big players leaving everyone else locked in the middle.

Remember the Alamo!


(BFL)^2 < 0
waspoza
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Firstbits: 1waspoza


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February 09, 2012, 12:05:42 PM
 #14

  Grin   Grin    Grin    Grin

Its time to short squeeze now im affraid. Tongue
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February 09, 2012, 01:31:29 PM
 #15

Who is to say larger players wouldnt make multiple accounts on bitcoinica with smaller balances so they could maintain 10:1 leverage.
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