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Author Topic: Where is the weekend rally?  (Read 2187 times)
faalhaas (OP)
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June 07, 2014, 12:58:22 PM
 #1

I don't see it.
MatTheCat
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June 07, 2014, 01:20:41 PM
 #2

I don't see it.

Get onto Stamp and go buy some 5K BTC then u dickwad.

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Alley
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June 07, 2014, 02:19:24 PM
 #3

Can't go up 10% every week.  Go long or GTFO.
NakedPony
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June 07, 2014, 03:43:51 PM
 #4

traders switched to NXT  Grin
Torque
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June 07, 2014, 03:49:09 PM
 #5

traders switched to NXT  Grin

And when the Nxt bubble slowly, agonizingly, drops back down to 0.00005 BTC after a month or two, they will get burned.  Again.  Wink
DolanDuck
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June 07, 2014, 04:34:24 PM
 #6

The value has increased too much too fast in these days, a period of calm or a little drop is natural.
...but with bitcoins all is possible.

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Benjig
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June 07, 2014, 08:47:47 PM
 #7

For what i have seen , the rally have always started on sunday morning chinna time, so we are still like 5 hours from the point which has been starting the pumps.
master-P
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June 07, 2014, 09:45:55 PM
 #8

From what I've seen, the price of BTC usually doesn't move much on the weekends. People can't deposit fiat onto exchanges because their banks are closed.

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tupelo
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June 07, 2014, 09:54:54 PM
 #9

A weekend drop is usually what is to be expected and as long as that is not happening, I'd say we're good  Wink
CEG5952
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June 07, 2014, 10:07:52 PM
 #10

Is this a new thing? The weekend rally? I thought we had been trained to look for a weekend dip. And I think we already had it on that drop to $635 (on Bitstamp).

Wilhelm
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June 07, 2014, 10:08:12 PM
 #11

A weekend drop is usually what is to be expected and as long as that is not happening, I'd say we're good  Wink

We should have a bear trap somewhere before the full lift-off so keep calm and HODL or BYU MAOR but do not SODL!!!

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June 07, 2014, 10:13:12 PM
 #12

I don't see the logic behind this...rally on weekends when banks don't work? Just pray for no drop and as soon as it isn't happening (*knock knock*) i think we are fine.

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pinksheep
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June 07, 2014, 10:37:39 PM
 #13

A weekend drop is usually what is to be expected and as long as that is not happening, I'd say we're good  Wink

I agree, a drop at the weekend is much more to be expected, where did this idea of a rally come from?

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CEG5952
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June 07, 2014, 10:52:31 PM
 #14

I don't see the logic behind this...rally on weekends when banks don't work? Just pray for no drop and as soon as it isn't happening (*knock knock*) i think we are fine.

I'm not so concerned about the banking days argument. I don't think there is any basis to say that most or all new money buys immediately once on an exchange. And I imagine after this prolonged bear market, there is still lots of "old money" waiting as well.

btc6000
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June 08, 2014, 04:15:50 AM
 #15

Is this a new thing? The weekend rally?

Apparently so, in the minds of the George Soros wannabes who fail to consider that if the price *always* goes up on a weekend, then nobody would ever sell on a weekend. (And conversely, when we had the weekend dip fallacy for a while).

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tins
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June 08, 2014, 06:40:50 AM
 #16

I don't see it.


Bitcoin doesn't use banking hours. There are no weekend nor weekday trends.
Yuki1988
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June 08, 2014, 08:45:49 AM
 #17

I don't see it.
Bitcoin doesn't use banking hours.

True.
But sadly, wire transfer deposits in exchanges depend on banking hours. Sad

deadley
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June 08, 2014, 09:07:50 AM
 #18

I don't see it.


Bitcoin doesn't use banking hours. There are no weekend nor weekday trends.


But people spend weekends with family and friends so mostly time its working like banking hours. but some weekend different that normal where we see good rally on Bitcoins.

Ibian
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June 08, 2014, 09:09:55 AM
 #19

I don't see it.
Bitcoin doesn't use banking hours.

True.
But sadly, wire transfer deposits in exchanges depend on banking hours. Sad
If I send my money on a friday (and i usually have to) they don't show up until tues or weds. Not impressed, the banking system.

Look inside yourself, and you will see that you are the bubble.
SirChiko
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June 08, 2014, 09:11:39 AM
 #20

I don't see the logic behind this...rally on weekends when banks don't work? Just pray for no drop and as soon as it isn't happening (*knock knock*) i think we are fine.

I'm not so concerned about the banking days argument. I don't think there is any basis to say that most or all new money buys immediately once on an exchange. And I imagine after this prolonged bear market, there is still lots of "old money" waiting as well.
Well i did it always the way deposit-->buy ASAP myself but it makes sense that bigger buyers leave some fiat hanging in case of drop.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
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