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Author Topic: are you all watching?  (Read 8534 times)
adamstgBit
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May 30, 2012, 07:53:22 PM
 #21

I bought back.  It wasn't under $5, and it was a little while ago.  Also, I don't have a single coin in any of the exchanges as of this morning.  Wink

Still don't think we're going to the moon, or even out of earth's atmosphere, and moving my coins out of exchanges is for security more than anything else.

Once again, I actually agree - with both the price not going to the moon yet and not having deposits at the exchanges.

Another point - exchange volume may not be as indicative of the actual Bitcoin price as expected. I suspect that dark pools may actually be providing a very significant amount, if not the majority of liquidity, and could be trading at a somewhat higher rate than the exchanges.

no it's happening, the climb to 8 will surprise a lot of you, what fallows will be spectacular

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proudhon
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May 30, 2012, 08:24:30 PM
 #22

I actually am.

*rises from a slumber of months*

Bitcoin has been a little too sticky to that 5 USD mark. It's about time for some movement. Personally, I think the fact that it has recovered from a series of problems and most people stayed sane during that time is a positive indicator. I wouldn't be surprised if it climbs up a dollar once people realize there's no real reason to trade around magical numbers.

The psychology of this is strange. I know quite a few people who somehow want to hold Bitcoins just in case, but don't actually buy them unless something is happening. Hard to tell how such people will act.

I intended to buy today, but I ended up getting a bunch of work and didn't have time to deposit my money.  I'm hoping to complete the bitinstant transaction tomorrow.  I had around 180 bitcoins in bitcoinica, and though I'm hoping they find their way back to me, I'm going to replace them in the meantime.
silverbox
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May 30, 2012, 08:29:19 PM
 #23

I bought back.  It wasn't under $5, and it was a little while ago.  Also, I don't have a single coin in any of the exchanges as of this morning.  Wink

Still don't think we're going to the moon, or even out of earth's atmosphere, and moving my coins out of exchanges is for security more than anything else.

Once again, I actually agree - with both the price not going to the moon yet and not having deposits at the exchanges.

Another point - exchange volume may not be as indicative of the actual Bitcoin price as expected. I suspect that dark pools may actually be providing a very significant amount, if not the majority of liquidity, and could be trading at a somewhat higher rate than the exchanges.

no it's happening, the climb to 8 will surprise a lot of you, what fallows will be spectacular


How fallow will it be?
blueadept
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May 30, 2012, 08:43:46 PM
 #24

It won't be such a secret when thousands of businessmen are holding the Bitcoin Magazine and start to buy bitcoins to see what happens. It also won't be very secret when Chinese members start buying Bitcoins to use Kronos for margin trading. Nor will it be very secret when the BitDex is finally mass manufactured and everyone is able to spend bitcoins from the palm of their hands, at universities, stores, etc.

2012 is going to be a very eventful year. I don't gamble myself, but if anyone was interested in buying bitcoins for less fiat and selling them for more fiat later, I'd say the next 60 days would be a good time to start the buying.

Don't forget BitcoinWireless selling top up cards for bitcoins. Now you'll be able to send bitcoins to your family in Kenya, Tanzania or Afghanistan and they can buy M-Pesa with them at no surcharge. Good luck beating that, Western Union.

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herzmeister
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May 30, 2012, 10:15:36 PM
 #25


https://localbitcoins.com/?ch=80k | BTC: 1LJvmd1iLi199eY7EVKtNQRW3LqZi8ZmmB
proudhon
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May 31, 2012, 08:30:28 PM
 #26

I actually am.

*rises from a slumber of months*

Bitcoin has been a little too sticky to that 5 USD mark. It's about time for some movement. Personally, I think the fact that it has recovered from a series of problems and most people stayed sane during that time is a positive indicator. I wouldn't be surprised if it climbs up a dollar once people realize there's no real reason to trade around magical numbers.

The psychology of this is strange. I know quite a few people who somehow want to hold Bitcoins just in case, but don't actually buy them unless something is happening. Hard to tell how such people will act.

I intended to buy today, but I ended up getting a bunch of work and didn't have time to deposit my money.  I'm hoping to complete the bitinstant transaction tomorrow.  I had around 180 bitcoins in bitcoinica, and though I'm hoping they find their way back to me, I'm going to replace them in the meantime.

Wasn't able to complete the transaction today either.   Tongue
ydenys
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May 31, 2012, 08:57:47 PM
 #27

One who held the price within $5.15 had run out of coins (~36K in total). To be frank - I had never seen such buy pressure up to date. Anyone a day+ off who sells at their mark would bite his/her nose off. $7.2 at least, unless some idiot dumps 30k+ BTC without wanting to get the best price out of them (there are such plonkers – you’d be surprised).
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May 31, 2012, 09:20:08 PM
 #28

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

I'm selling great Minion Games like The Manhattan Project, Kingdom of Solomon and Venture Forth at 4% off retail starting June 2012. PM me or go to my thread in the Marketplace if you're interested.

For Settlers/Dominion/Carcassone etc., I do email gift cards on Amazon for a 5% fee. PM if you're interested.
YoYa
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May 31, 2012, 09:31:36 PM
 #29

LeeeeeeeeeeeRoy JeeennnnnnnnnKens!!!
adamstgBit
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May 31, 2012, 09:59:03 PM
 #30

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

SkRRJyTC
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May 31, 2012, 10:12:03 PM
 #31

LeeeeeeeeeeeRoy JeeennnnnnnnnKens!!!

+1  Cheesy
proudhon
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May 31, 2012, 10:18:04 PM
 #32

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

Sloooooooooow down there.
Crypt_Current
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May 31, 2012, 10:21:23 PM
 #33

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

Sloooooooooow down there.

yyyyyeaahhh... Looking a lot like that euphoria phase of that investor emotion cycle

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LTC:  LRL6vb6XBRrEEifB73DiEiYZ9vbRy99H41  NMC:  NGb2spdTGpWj8THCPyCainaXenwDhAW1ZT
proudhon
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May 31, 2012, 10:23:27 PM
 #34

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

Sloooooooooow down there.

yyyyyeaahhh... Looking a lot like that euphoria phase of that investor emotion cycle

That's it folks, $5.19 is the top.  This is the end of the bull run.
cypherdoc
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May 31, 2012, 10:31:47 PM
 #35

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

Sloooooooooow down there.

yyyyyeaahhh... Looking a lot like that euphoria phase of that investor emotion cycle

That's it folks, $5.19 is the top.  This is the end of the bull run.

are you blind?
SkRRJyTC
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May 31, 2012, 10:36:47 PM
 #36

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

Sloooooooooow down there.

yyyyyeaahhh... Looking a lot like that euphoria phase of that investor emotion cycle

That's it folks, $5.19 is the top.  This is the end of the bull run.

are you blind?

I can see the bid walls pilling up around $5... what I cant see is why they wouldn't just go to market and spike the price...
cypherdoc
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May 31, 2012, 10:39:01 PM
 #37

I agree with the rough 8 USD/BTC target price, but I don't think a month is enough time for it to get there stably... I think it'll be more August-October time frame.

-bgc

once we get going, its a matter of days to get to 8

I believe the we have just started the run up.

In a few days it will be clearly spelled out for everyone to see, "Moving Up"

5.20 will look cheep on Sunday  Wink

Sloooooooooow down there.

yyyyyeaahhh... Looking a lot like that euphoria phase of that investor emotion cycle

That's it folks, $5.19 is the top.  This is the end of the bull run.

are you blind?

I can see the bid walls pilling up around $5... what I cant see is why they wouldn't just go to market and spike the price...

why would u do that when u know u have a bunch of dummies around here who will sell to u at the bid?
damnek
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May 31, 2012, 11:02:18 PM
 #38

For what it's worth, we've just had the highest transaction volume of 2012 in USD today:
http://blockchain.info/charts/estimated-transaction-volume-usd

Be a voice, not an echo
Technomage
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May 31, 2012, 11:10:36 PM
 #39

I believe we're somewhere between "optimism" and "excitement" right now. Very far from euphoria. It's a very interesting situation though.

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cypherdoc
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May 31, 2012, 11:12:16 PM
 #40

I believe we're somewhere between "optimism" and "excitement" right now. Very far from euphoria. It's a very interesting situation though.

how bout just good 'ol "sittin on the edge of our seats"?
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