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adamstgBit (OP)
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Trusted Bitcoiner
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June 29, 2012, 03:54:49 AM |
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nedbert9
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June 29, 2012, 05:02:12 AM |
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trailer park terminology for a rich person.
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Hexadecibel
Human Intranet Liason
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I still <3 u Satoshi
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June 29, 2012, 05:06:08 AM |
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is "six point crazy" some sort of economist slang? or is adam just 'real' crazy?...
edit: I've been monitoring btccharts all day. Seems to be lots of buying pressure.
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adamstgBit (OP)
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June 29, 2012, 05:40:51 AM |
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is "six point crazy" some sort of economist slang? or is adam just 'real' crazy?...
edit: I've been monitoring btccharts all day. Seems to be lots of buying pressure.
we are at six point crazy, and seven dot retarded is coming soon! i forgot who first said "six point crazy" it was a few days ago on this board, but i picked it up, and liked it!
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humanitee
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June 29, 2012, 05:55:32 AM |
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Afterwards, nine tittle moist pants!
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| | | Fast, Secure, and Fully
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proudhon
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July 02, 2012, 10:08:43 PM |
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This one's called "Calling off the rally"
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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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Serge
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July 02, 2012, 10:47:12 PM |
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going back to $5, rinse and repeat
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Jointops420
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July 02, 2012, 11:54:52 PM |
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I am really hoping this wall gets gobbled up before they can withdraw it. These days the chances of that happening are way better than a few months back.
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proudhon
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July 03, 2012, 02:31:06 AM |
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I am really hoping this wall gets gobbled up before they can withdraw it. These days the chances of that happening are way better than a few months back.
The wall strategy will will continue to work in this market until it gets a lot bigger.
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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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Jointops420
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July 03, 2012, 02:49:11 AM |
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I am really hoping this wall gets gobbled up before they can withdraw it. These days the chances of that happening are way better than a few months back.
The wall strategy will will continue to work in this market until it gets a lot bigger. You are right but its still a risk for the builder as they never know when a bigger shark will enter the pond until its to late, and the way people are not panicking so much lately a bigger shark may see it as a nice bite, instead of sitting back slowly nibbling to avoid slippage. What I would like to see, is some comeuppance of 'oh shit I am not the biggest fish here anymore'.
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ArticMine
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Monero Core Team
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July 03, 2012, 05:29:43 AM |
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I am really hoping this wall gets gobbled up before they can withdraw it. These days the chances of that happening are way better than a few months back.
The wall strategy will will continue to work in this market until it gets a lot bigger. You are right but its still a risk for the builder as they never know when a bigger shark will enter the pond until its to late, and the way people are not panicking so much lately a bigger shark may see it as a nice bite, instead of sitting back slowly nibbling to avoid slippage. What I would like to see, is some comeuppance of 'oh shit I am not the biggest fish here anymore'. So very true and there is not much behind this wall should it fall.
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Spekulatius
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July 03, 2012, 01:52:58 PM |
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Some serious manipulation is going on right now
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proudhon
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July 03, 2012, 02:02:38 PM |
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Some serious manipulation is going on right now Again, this market is too small for this not to happen pretty regularly. People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react. This is not going to change until there are many, many more big players than there are right now. My guess? As this gains more momentum we fall below $5, and then we'll see a flurry of buying as people try to snatch up more coins in the hope that the price will break the insanely strong resistance around $7.00 and $7.20, but we won't; the price probably won't make a new high beyond $6.80.
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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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GeniuSxBoY
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July 03, 2012, 02:24:15 PM |
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I was more amazed that the mtgoxlive and clark moody didn't lock up during the ordeal.
Edit: oh great.... it locks up when nothing is happening.
Edit: it's working again
Edit: don't blink
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Be humble!
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pirateat40
Avast Ye!
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"Yes I am a pirate, 200 years too late."
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July 03, 2012, 02:34:38 PM |
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Again, this market is too small for this not to happen pretty regularly. People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react. This is not going to change until there are many, many more big players than there are right now.
I don't know how many times I've said that to people. This isn't the stock market!
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GeniuSxBoY
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July 03, 2012, 02:48:57 PM |
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It's a gamble, plain and simple. A psychological gamble. Given: You know there are people that exist with millions of dollars and blow it like Kim Dotcom You know there are people that exist like Kim Dotcom that have already bought into the game and looking to sell You know there are 8,000,000 bitcoins You know there will be some big UPS and big DOWNS. You know the big boys will fuck with the charts with walls and manipulations to mess with your head. Call their bluff or don't. Win some, lose some Win all, win nothing. Win none, lose all. Shit, I saw the silver drop a $1.00 in a few seconds. Imagine what it takes to move a market of that magnitude.
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Be humble!
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proudhon
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July 03, 2012, 02:58:55 PM |
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Again, this market is too small for this not to happen pretty regularly. People like to say, "You can mostly ignore market depth", but the fact is that most people do not ignore market depth, and the fact that most people don't ignore it, compels people playing in the market to react based on depth changes, which compels other people to react. This is not going to change until there are many, many more big players than there are right now.
I don't know how many times I've said that to people. This isn't the stock market!Internalize that, everyone. It's important. C'mon, pirate, fess up, it's you, isn't it?
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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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N12
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July 03, 2012, 03:03:09 PM |
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Why would you two want to educate people on that? Do you not like making money? Also, Bitcoin is super silver.
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