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Author Topic: RALLY TIME!!!  (Read 6358 times)
AndDuffy (OP)
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February 22, 2012, 04:05:33 AM
 #1

Looks like we got ourselves a good ol' fashioned rally.

YEE HAW.

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February 22, 2012, 04:07:58 AM
 #2

We can have one but it's not here yet. $4.80 and I will call a rally.
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February 22, 2012, 04:32:41 AM
 #3

goddamn it rally already Angry

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February 22, 2012, 04:41:53 AM
 #4

yawn

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.
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February 22, 2012, 04:43:00 AM
 #5

goddamn it rally already Angry

I smell a bull trap first, though.
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February 22, 2012, 05:05:45 AM
 #6

goddamn it rally already Angry

I smell a bull trap first, though.

+1

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February 22, 2012, 06:45:25 AM
 #7

Market is heading back to the level it was at before the bad TH news.
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February 22, 2012, 06:57:15 AM
 #8

Jeez it takes 20 cents for people to call a rally now.



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February 22, 2012, 08:08:25 AM
 #9

you are all shure that it aint the old manipulater getting ready to play with himself?

don't let me make you question your assumptions
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February 22, 2012, 10:41:08 AM
 #10

Ah, so after countless similar situations, people still jump to conclusions, you're gonna lose some cash folks.
Mentioned above a trap!


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February 22, 2012, 11:01:20 AM
 #11

If the wall at 4.6 can be taken down or it's removed, then we could have a real rally. Currently it's more of an attempt. I think an attempt is better than nothing, seems to me the market has been very depressed and very afraid recently so it needs something. Smiley

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February 22, 2012, 01:48:36 PM
 #12

If the wall at 4.6 can be taken down or it's removed, then we could have a real rally. Currently it's more of an attempt. I think an attempt is better than nothing, seems to me the market has been very depressed and very afraid recently so it needs something. Smiley

If it goes above that wall, it will go to $5.  There's only 15k of depth to $5 and some big player will do it to trigger a short squeeze.
edit: misread depth chart. it's actually 30k Sad

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February 22, 2012, 03:00:46 PM
 #13

It's 30k to $4.6 and more than 50k to $5.
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February 22, 2012, 03:08:10 PM
 #14

It's 30k to $4.6 and more than 50k to $5.

He said "if it goes above the wall", so his numbers are correct. That wall either has to be bought up (unlikely at the moment I think) or be removed, which I think will eventually happen.

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February 22, 2012, 05:04:03 PM
 #15

What rally? traded flat trend ...

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February 22, 2012, 05:21:01 PM
 #16

What rally? traded flat trend ...

yeah, i suppose in terms of bitcoins, going up 7% in the last 12 hrs isnt really a rally
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February 22, 2012, 08:07:36 PM
 #17

It's 30k to $4.6 and more than 50k to $5.

you are manipulated
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February 22, 2012, 08:20:41 PM
Last edit: February 22, 2012, 09:46:03 PM by Mushoz
 #18

Wall gone, Rally starts, Mtgoxlive down. GG.

Fix your API Mtgox! You're making way too much money with such a lousy and failing API.

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February 22, 2012, 09:39:21 PM
 #19

Wall gone, Rally start, Mtgoxlive down. GG.

Fix your API Mtgox! You're making way too much money with such a lousy and failing API.
http://www.btccharts.com/

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February 22, 2012, 09:52:14 PM
 #20

Wall gone, Rally start, Mtgoxlive down. GG.

Fix your API Mtgox! You're making way too much money with such a lousy and failing API.
http://www.btccharts.com/

btccharts.com is good, very good, but it's not a complete replacement for the Mtgox API. A lot more programs/websites depend on the API.

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February 22, 2012, 09:58:42 PM
 #21

Wall gone, Rally start, Mtgoxlive down. GG.

Fix your API Mtgox! You're making way too much money with such a lousy and failing API.
http://www.btccharts.com/

btccharts.com is good, very good, but it's not a complete replacement for the Mtgox API. A lot more programs/websites depend on the API.
Of course. I figured for you personally it would work though, since you mentioned mtgoxlive specifically.

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February 22, 2012, 10:01:29 PM
 #22

here we go again... buybuybuy-sellsellsell

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February 23, 2012, 03:06:26 AM
 #23

Looks like this attempt at a rally is failing. The two latest peaks or waves on the daily charts are lower than the previous ones. Expect a bigger drop next.
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February 23, 2012, 03:12:01 AM
 #24

there were damaged peaks..

Due to crazy walls

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February 23, 2012, 04:39:53 AM
 #25

there were damaged peaks..

Due to crazy walls
I love walls... They make everyone go crazy and/or get bitchy.

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February 23, 2012, 05:24:59 AM
 #26

Wall got smaller in the last few hours, it's now 4k BTC Smiley
Bid side filling up nicely!
Get ready.. something might happen Grin

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February 23, 2012, 05:28:43 AM
 #27

It's starting! Everyone tune in!

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February 23, 2012, 05:35:08 AM
 #28

We can have one but it's not here yet. $4.80 and I will call a rally.
Are we close enough, now?
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February 23, 2012, 05:41:09 AM
 #29

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes
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February 23, 2012, 05:41:59 AM
 #30

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

Because a guaranteed profit sometimes beats placing an order and hoping the trend continues.

https://www.bitcoin.org/bitcoin.pdf
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February 23, 2012, 05:48:03 AM
 #31

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

yes, seriously.  If all the sellers just gathered up their coins and moved up, the price would go up Wink
sarcasm

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February 23, 2012, 05:50:37 AM
 #32

Buy Buy

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February 23, 2012, 05:59:26 AM
 #33

Up! Then down, down, down  Wink

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February 23, 2012, 06:02:36 AM
 #34

I'm thinking this might be due to people liquidating their short positions from $6. Who knows where we are going to end up after all this.
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February 23, 2012, 06:04:04 AM
 #35

I'm thinking this might be due to people liquidating their short positions from $6. Who knows where we are going to end up after all this.

3.8

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February 23, 2012, 06:30:06 AM
 #36

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

Because a guaranteed profit sometimes beats placing an order and hoping the trend continues.

if you mean 'sometimes' as in '95% of the time you'll make less'...  this isn't a sell at $4.69 after a buy at $4.70.  it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark.
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February 23, 2012, 06:36:55 AM
 #37

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

Because a guaranteed profit sometimes beats placing an order and hoping the trend continues.

if you mean 'sometimes' as in '95% of the time you'll make less'...  this isn't a sell at $4.69 after a buy at $4.70.  it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark.

Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order.  Some services do this automatically.

https://www.bitcoin.org/bitcoin.pdf
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February 23, 2012, 07:08:00 AM
 #38

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

Because a guaranteed profit sometimes beats placing an order and hoping the trend continues.

if you mean 'sometimes' as in '95% of the time you'll make less'...  this isn't a sell at $4.69 after a buy at $4.70.  it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark.

Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order.  Some services do this automatically.

That doesn't make any sense.

But I guess it's possible someone may have been using a buy stop, if such a thing exists somewhere (bitcoinica?).  I have no clue, since I only use mtgox.
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February 23, 2012, 07:11:36 AM
 #39

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

Because a guaranteed profit sometimes beats placing an order and hoping the trend continues.

if you mean 'sometimes' as in '95% of the time you'll make less'...  this isn't a sell at $4.69 after a buy at $4.70.  it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark.

Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order.  Some services do this automatically.

That doesn't make any sense.

But I guess it's possible someone may have been using a buy stop, if such a thing exists somewhere (bitcoinica?).  I have no clue, since I only use mtgox.
Some companies accept bitcoin, but don't want to run the risk of the rate changing too much. So they set up a huge sell order for a very low price, and just send all their bitcoins to MtGox, where they're instantly converted to USD.

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February 23, 2012, 02:54:41 PM
 #40

sorta makes me wonder why ppl are selling at 10 cents below latest buy price, considering someone has bought like 20,000 in the last 10 minutes

Because a guaranteed profit sometimes beats placing an order and hoping the trend continues.

if you mean 'sometimes' as in '95% of the time you'll make less'...  this isn't a sell at $4.69 after a buy at $4.70.  it's a sell at $4.60 after tens of thousands have been bought over a period of 30 minutes... well above the $4.60 mark.

Sometimes bitcoin prices are quoted using the lower exchange rate, and when the bitcoins are received they are sold with a market order.  Some services do this automatically.

That doesn't make any sense.

But I guess it's possible someone may have been using a buy stop, if such a thing exists somewhere (bitcoinica?).  I have no clue, since I only use mtgox.
Some companies accept bitcoin, but don't want to run the risk of the rate changing too much. So they set up a huge sell order for a very low price, and just send all their bitcoins to MtGox, where they're instantly converted to USD.

This.

https://www.bitcoin.org/bitcoin.pdf
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February 23, 2012, 05:41:59 PM
 #41

alright

that was a rally

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.
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February 23, 2012, 05:47:12 PM
 #42

alright

that was a rally

We're just warming up Smiley

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February 23, 2012, 06:17:38 PM
 #43

alright

that was a rally

We're just warming up Smiley
We better be. Keep this train rollin'!

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February 23, 2012, 06:29:59 PM
 #44

mini crash to 4.50, then rally will continue.

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February 23, 2012, 07:30:50 PM
 #45

mini crash to 4.50, then rally will continue.

would shure hope so - the RSI over 70 makes me itchy

don't let me make you question your assumptions
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February 23, 2012, 07:42:02 PM
 #46

mini crash to 4.50, then rally will continue.

would shure hope so - the RSI over 70 makes me itchy

Depends on your timescale. This graph looks _very_ healthy. Rising MACD, rising RSI, about to break PSAR to the upside. Lookin' good IMO!

http://bitcoincharts.com/charts/mtgoxUSD#rg90ztgSzm1g10zm2g25zxzi1gMACDzi2gRSIzvzps

Edit: And MACD is about to crossover. And RSI is far from overbought as well.

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February 23, 2012, 08:22:20 PM
 #47

exactly - depends on your timeframe

http://bitcoincharts.com/charts/mtgoxUSD#rg90zigHourlyztgSzm1g10zm2g25zxzi1gMACDzi2gRSIzvzps

edit:

even worse overbought at 2 hour timeframe.

http://bitcoincharts.com/charts/mtgoxUSD#rg90zig2-hourztgSzm1g10zm2g25zxzi1gMACDzi2gRSIzvzps

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February 23, 2012, 08:33:56 PM
 #48


Yeah, but those graphs are noisy like hell. They don't say much IMO. Much better to look at the longer timescales, so the indicators are much smoother.

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February 23, 2012, 08:57:18 PM
 #49

5.10 just broke PSAR

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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February 23, 2012, 09:02:02 PM
 #50

Already Long before the jump I'm sure the big player already sees that the MACD is about to cross over...

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
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February 23, 2012, 09:05:57 PM
 #51

The Bransen/mountain peak indicators all look on track  Roll Eyes


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bitcoin hundred-aire


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February 23, 2012, 09:06:35 PM
 #52

5.10 just broke PSAR

Major mid-term indicator turned bullish Grin

(BFL)^2 < 0
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February 23, 2012, 09:32:33 PM
 #53

Now we can officially call this a rally. It even spiked over the 30 day average which has been DOWN for a long time now. That could mean that this rally is far from over.

Denarium closing sale discounts now up to 43%! Check out our products from here!
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A Great Time to Start Something!


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February 28, 2013, 07:32:50 AM
 #54

Look how it started:

It's starting! Everyone tune in!

RALLY TIME!!!

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December 17, 2013, 07:12:13 AM
 #55

All aboard!  Grin

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December 17, 2013, 07:18:05 AM
 #56

All aboard!  Grin

Thanks for resurrecting a thread from 2012. I wondered what the $4-$5 stuff were about, until I saw the date. Haha.
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December 17, 2013, 07:23:21 AM
 #57

Ah the memories... sold way too many for nearly nothing.

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
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December 17, 2013, 07:49:44 AM
 #58

If the wall at 4.6 can be taken down or it's removed, then we could have a real rally. Currently it's more of an attempt. I think an attempt is better than nothing, seems to me the market has been very depressed and very afraid recently so it needs something. Smiley


Ah... 4.6... imagine how such a price today seems completely unimaginable!
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December 17, 2013, 08:18:37 AM
 #59

holy necro thread batman

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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December 17, 2013, 06:55:25 PM
 #60

Ah... 4.6... imagine how such a price today seems completely unimaginable!

At the time this price was relatively high.

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December 19, 2013, 08:48:46 AM
 #61


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December 19, 2013, 11:42:50 AM
 #62

Rally call!!!!



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December 19, 2013, 11:58:02 AM
 #63

That's what I love in BTC.

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December 19, 2013, 12:12:58 PM
Last edit: December 19, 2013, 01:41:13 PM by superresistant
 #64

Oldminer cast resurrect on RALLY TIME!!!

RALLY TIME!!! resurrected





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December 19, 2013, 12:23:01 PM
 #65

https://i.imgur.com/lDhF0.jpg

Don't miss the train!
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