Rocket is secretly taking off

[Elwar]

WOO HOO!!!


TO THE MOOOON!!!!

[Hexadecibel]

WOO HOO!!!


TO THE MOOOON!!!!

no no no no no no... it has to stay below six before saturday. for my sake. :p

[notme]

WOO HOO!!!


TO THE MOOOON!!!!

no no no no no no... it has to stay below six before saturday. for my sake. :p

Why Saturday?

[Hexadecibel]

because on friday my funds get to mt.gox

[kentrolla]

sorry buddy. its going to be 8 dollars right before your fund gets there

[Hexadecibel]

nyyyyuuuuuuuuuuuuu

[legitnick]

SELL 

[ineededausername]

9650 BTC to $6... let's see whether we can get past this barrier.

[Hexadecibel]

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

[ineededausername]

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

[RyNinDaCleM]

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

MUCH, much less depth.
No fear of giant sells.
Everyone was helping push it. It was sort of a "dollar signs in the eyes" group effort.

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

Heh! I remember the $5 swings, and everyone was buying hard.

[byronbb]

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

AND there was no way to short.

[Hexadecibel]

9650 BTC to $6... let's see whether we can get past this barrier.

I did my part

[hatshepsut]

9650 BTC to $6... let's see whether we can get past this barrier.

14k now

[ineededausername]

9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.

[hatshepsut]

Rough times ahead, buckle up.

[trogdorjw73]

9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.

By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed

[cheat_2_win]

9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.

By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed

So, even when you say you are not going to buy "at the current prices", you have buy order set for $5.5. That means, I assume, you are betting that the price won't go below that at any near future if nothing drastic happens. For me that is a sign of bullish market in itself.

[hatshepsut]

I sure as hell just bought more.  

[proudhon]

Seems like there's lots of posturing going on right now on the order book.