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Author Topic: Rocket is secretly taking off  (Read 5023 times)
trogdorjw73
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February 10, 2012, 09:45:22 PM
 #41

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.
Well, I've only got about $50 left in MtGox right now, and I'm hoping we'll get some swings back and forth on the price. If we get a slow but steady drop towards my buy price, I'll drop it down some more. I've had a few occasions where I caught a 10% swing in price three times in less than an hour; sadly, it hasn't ever happened when I had $300 worth of BTC available.

ineededausername (OP)
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February 11, 2012, 02:32:16 AM
 #42

High: 5.99... feels like we're about to go over.

Walls might come down soon, and we'll be in the biggest Bitcoin rally ever.

(BFL)^2 < 0
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February 12, 2012, 12:30:57 AM
 #43



 Grin

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the joint
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February 12, 2012, 04:44:29 AM
 #44

I think the Challenger is taking off.  I heard zhoutong is at the helm.
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February 12, 2012, 04:50:02 AM
 #45

I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  Undecided

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
Crypt_Current
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February 12, 2012, 04:50:54 AM
 #46

I think the Challenger is taking off.  I heard zhoutong is at the helm.
+1

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notme
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February 12, 2012, 04:52:16 AM
 #47

I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  Undecided

That happened before I was born  Undecided.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
the joint
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February 12, 2012, 10:31:16 AM
 #48

I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  Undecided

Like Kennedy's assassination?
BTCurious
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February 12, 2012, 12:46:02 PM
 #49

Like Whitney Houston's career?


Too early?

Cluster2k
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February 12, 2012, 12:56:40 PM
 #50

Like Whitney Houston's career?


Too early?

By many accounts she loved to partake in certain illegal substances.  Maybe she took a walk on the Silk Road once too often.
GeniuSxBoY
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February 12, 2012, 08:19:44 PM
 #51

Like Whitney Houston's career?


Too early?


too late

Be humble!
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Let's talk governance, lipstick, and pigs.


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February 12, 2012, 08:23:47 PM
 #52

Like Whitney Houston's career?


Too early?


too late









The difference is that Bitcoin cannot die.










Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
GeniuSxBoY
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February 12, 2012, 08:27:58 PM
 #53

Goonies never say die

Be humble!
SlaveInDebt
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February 12, 2012, 08:31:46 PM
 #54

Goonies never say die

http://youtu.be/aMj0t7sds7I ...the rocket is taking off!

"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
the joint
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February 12, 2012, 08:49:40 PM
 #55

Like Whitney Houston's career?


Too early?

First it was Amy Whohouse, now it's Whitney Whoston.
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February 13, 2012, 02:57:36 AM
 #56

Theres an old saying:

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” - Warren Buffett

and

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  Grin

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
ineededausername (OP)
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February 13, 2012, 03:13:13 AM
 #57

Theres an old saying:

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” - Warren Buffett

and

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  Grin

I'm just playing my permabull role in the Spec forum.  Don't hate on me Smiley

(BFL)^2 < 0
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February 13, 2012, 03:30:34 AM
 #58

Theres an old saying:

“Be Fearful When Others Are Greedy And Greedy When Others Are Fearful” - Warren Buffett

and

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  Grin

I'm just playing my permabull role in the Spec forum.  Don't hate on me Smiley


Nah no hate man.

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
legitnick
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February 13, 2012, 03:51:19 AM
 #59


5 BITCOIN RAFFLE GIVEAWAY
"I dont lift" - Lord Furrycoat
arepo
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this statement is false


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February 13, 2012, 03:54:28 AM
 #60

“There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee...that says, fool me once, shame on...shame on you. Fool me...you can't get fooled again.”  Grin

what a sage

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
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