Rally!!!!!

[cypherdoc]

EDIT:  ^  lol 
----------------------------
It feels like a pump and dump is in the making. People holding BTC decided to hold and it seems they will not sell until we clearly enter another down trend, I mean who would, right?

This is the start of a new bubble. Mark my words.

what did you just say in the other thread you started?

Don't misunderstand me, we still might be speeding a little bit right now but in the context of the first bubble I don't think we should worry all that much just yet.

[hazek]

EDIT:  ^  lol 
----------------------------
It feels like a pump and dump is in the making. People holding BTC decided to hold and it seems they will not sell until we clearly enter another down trend, I mean who would, right?

This is the start of a new bubble. Mark my words.

what did you just say in the other thread you started?

Don't misunderstand me, we still might be speeding a little bit right now but in the context of the first bubble I don't think we should worry all that much just yet.

Yeah I'm about to head over there and copy paste my post. I'm not above seeing my own mistake and correct myself.

[notme]

EDIT:  ^  lol 
----------------------------
It feels like a pump and dump is in the making. People holding BTC decided to hold and it seems they will not sell until we clearly enter another down trend, I mean who would, right?

This is the start of a new bubble. Mark my words.

what did you just say in the other thread you started?

Don't misunderstand me, we still might be speeding a little bit right now but in the context of the first bubble I don't think we should worry all that much just yet.

To be fair, in between the two statements, the price jumped 50 cents/BTC.

[naima53]

Please do not stop it. $ 18 and beyond 

[cypherdoc]

EDIT:  ^  lol  
----------------------------
It feels like a pump and dump is in the making. People holding BTC decided to hold and it seems they will not sell until we clearly enter another down trend, I mean who would, right?

This is the start of a new bubble. Mark my words.

what did you just say in the other thread you started?

Don't misunderstand me, we still might be speeding a little bit right now but in the context of the first bubble I don't think we should worry all that much just yet.

To be fair, in between the two statements, the price jumped 50 cents/BTC.

well, hazek is a smart guy and he has the correct overall worldwide view.  i don't worry about him. i sympathize though with his quandary of hanging on into a bull market.  it's the hardest thing to do.

[hazek]

i sympathize though with his quandary of hanging on into a bull market.  it's the hardest thing to do.

Could it be called the curse of a prudent person?

[cypherdoc]

i sympathize though with his quandary of hanging on into a bull market.  it's the hardest thing to do.

Could it be called the curse of a prudent person?

you yourself have correctly said that markets are irrational or imprudent.  they are marked by huge swings in volatility that exceed any rational investors expectations. 

i think the irrational move for Bitcoin to the upside will dwarf $32 and will result in gold parity at the least.  it may take a few years though.

[hazek]

So the strategy should be to be prudent but also anticipate the imprudence of the rest of the market?

[cypherdoc]

So the strategy should be to be prudent but also anticipate the imprudence of the rest of the market?

what do you think the real world markets are based upon including the gold trade?  its all based on a Bernanke Put.  how imprudent is that? 

having said that, this breakout for Bitcoin, IMO, is a prudent fundamentally based move .  just wait until the imprudent arrive on the scene to push it to bubble heights.  we're nowhere close to that.

[Bro]

So the strategy should be to be prudent but also anticipate the imprudence of the rest of the market?

BUY BUY BUY BUY!!!!

[kentrolla]

BOOOOOO<M

[smoothie]

$8.40

[humanitee]

I'm honestly just lol'in it up over here. This shit is getting insane!

[notme]

$8.40

You mean 8.64 .

[finkleshnorts]

This is one of those times when you regret the Dwolla wait. I've been regretting and waiting for several days.

[hazek]

I'm honestly just lol'in it up over here. This shit is getting insane!

Same.  

EDIT: there just isn't any supply there. I mean what is this BS:

Code:

18.50	430 (1)	50015	622471

   

If someone wanted to buy 50kBTC the price would instantly jump to $18.5

[kentrolla]

dat volatility

[smoothie]

This is one of those times when you regret the Dwolla wait. I've been regretting and waiting for several days.

Bit instant baby...

[smoothie]

$8.40

You mean 8.64 .

Sorry 5 seconds later it jumped to that haha 

[smoothie]

I'm honestly just lol'in it up over here. This shit is getting insane!

Same.  

EDIT: there just isn't any supply there. I mean what is this BS:

Code:

18.50	430 (1)	50015	622471

   

If someone wanted to buy 50kBTC the price would instantly jump to $18.5

Well one wouldnt want to buy 50kbtc if they could do it at a 60% discount over time.