bitcoinBull
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rippleFanatic
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April 19, 2012, 07:44:33 PM |
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its looking rather bearish right now I'm more comfortable with a relatively slow and steady rise. Maybe the market has learned not to like strong breakouts since they tend to be followed by sharp corrections. For the time being, anyway...
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College of Bucking Bulls Knowledge
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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proudhon
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April 19, 2012, 07:49:38 PM |
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its looking rather bearish right now I agree. I think we're going to break back into the $4s in the next week or so and stay there for a while again.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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silverbox
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April 19, 2012, 08:19:25 PM |
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No back breaking allowed!! You big bully!
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pent
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April 19, 2012, 09:16:08 PM |
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Just another triangle ahead ) Total geometry lessons...
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silverbox
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April 19, 2012, 09:21:48 PM |
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My dad has a bigger triangle then your dad
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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April 19, 2012, 10:27:20 PM |
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5.10 wall under attack
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teflone
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April 19, 2012, 10:28:50 PM |
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Fortify!!!!
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proudhon
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April 19, 2012, 10:41:17 PM |
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And back down we go...
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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pirateat40
Avast Ye!
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Activity: 378
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"Yes I am a pirate, 200 years too late."
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April 19, 2012, 10:45:26 PM |
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You guys are funny...
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disclaimer201
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April 19, 2012, 10:47:26 PM |
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Some people must have no lives other than watching threads and price movements. Now to something completely different: Will the 5.10 wall hold?
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proudhon
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April 19, 2012, 10:53:51 PM |
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Some people must have no lives other than watching threads and price movements. Now to something completely different: Will the 5.10 wall hold?Probably not. Even if the price is going to go up in the next weeks, it's probably going to go down first. Protip: The price probably isn't going to go up in the next weeks. From what I can gather most of the analysts are on the bullish side of things right now which has pretty consistently meant that a sell-off is on its way. Full disclosure: I couldn't help myself and despite sincerely wanting to take a break from trading, I went ahead and took advantage of liquidity above $5 and sold.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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adamstgBit
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Trusted Bitcoiner
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April 19, 2012, 10:58:04 PM |
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Some people must have no lives other than watching threads and price movements. Now to something completely different: Will the 5.10 wall hold?its holding!
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teflone
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April 19, 2012, 11:00:08 PM |
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Some people must have no lives other than watching threads and price movements. Now to something completely different: Will the 5.10 wall hold?Probably not. Even if the price is going to go up in the next weeks, it's probably going to go down first. Protip: The price probably isn't going to go up in the next weeks. From what I can gather most of the analysts are on the bullish side of things right now which has pretty consistently meant that a sell-off is on its way. Full disclosure: I couldn't help myself and despite sincerely wanting to take a break from trading, I went ahead and took advantage of liquidity above $5 and sold. Ehhhhhh... Risky move brother.. I agree its going down short term, but only down a smidge.. I think you'll break even after paying trading fees on any gains buying lower..
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pirateat40
Avast Ye!
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Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
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April 19, 2012, 11:02:57 PM |
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I bet the market goes ********* for a quick ********* then a massive ********* which will force ********* to ********* and cause a major *********.
Anyone wanna bet?
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teflone
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April 19, 2012, 11:09:35 PM |
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I will bet, but only if I know what the * means..
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Sitarow
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April 19, 2012, 11:13:01 PM |
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I will bet, but only if I know what the * means..
If there ever was a time to be greedy. Tonight would be it. After all, it's Thursday!
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SkRRJyTC
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April 19, 2012, 11:15:52 PM |
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I dont have time to post a chart but... Im expecting at least 40,000 Bitcoins bought in the next few hours. Ill be buying some of them myself when we push against the $5.20 wall again. Rally Time Edit: How many rally threads can we fit on the front page?
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disclaimer201
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Activity: 1526
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April 19, 2012, 11:19:34 PM |
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I've just sold a few BTC on Bitcoinica so I will have some USD there. I don't really understand much about trading, so I won't touch the short options or any of that Casino stuff, but I'm thinking I might get some more interest on my USD than I do for BTC there. Plus, there is this cool new way of transferring money for like 9$ to your credit card. Anyway, if it's an obvious time to go short because of obvious movements, it'd be nice if you could tell what buttons to press. Oh, I just said I should better not touch Bitcoinica for anything else but interest and (less than ideal) exchange options. Cheers!
I don't think it will go further up this week. But we will see...
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Crypt_Current
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April 19, 2012, 11:28:56 PM |
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I've just sold a few BTC on Bitcoinica so I will have some USD there. I don't really understand much about trading, so I won't touch the short options or any of that Casino stuff, but I'm thinking I might get some more interest on my USD than I do for BTC there. Plus, there is this cool new way of transferring money for like 9$ to your credit card. Anyway, if it's an obvious time to go short because of obvious movements, it'd be nice if you could tell what buttons to press. Oh, I just said I should better not touch Bitcoinica for anything else but interest and (less than ideal) exchange options. Cheers!
I don't think it will go further up this week. But we will see...
Press the "SELL" button... repeatedly!
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disclaimer201
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Activity: 1526
Merit: 1001
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April 19, 2012, 11:44:08 PM |
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I've just sold a few BTC on Bitcoinica so I will have some USD there. I don't really understand much about trading, so I won't touch the short options or any of that Casino stuff, but I'm thinking I might get some more interest on my USD than I do for BTC there. Plus, there is this cool new way of transferring money for like 9$ to your credit card. Anyway, if it's an obvious time to go short because of obvious movements, it'd be nice if you could tell what buttons to press. Oh, I just said I should better not touch Bitcoinica for anything else but interest and (less than ideal) exchange options. Cheers!
I don't think it will go further up this week. But we will see...
Press the "SELL" button... repeatedly! Done! We should be down to 5.0 in no time!
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