adamstgBit (OP)
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July 24, 2012, 10:25:35 PM |
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It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.
Oh you are so bullish, I think we will go to the 4's! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You sold, right? did you?
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sadpandatech
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 24, 2012, 10:27:44 PM |
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It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.
Oh you are so bullish, I think we will go to the 4's! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You sold, right? KILL THE BEAR!!!! and the better question is, did you sell? And can you prove it? I still have an undisclosed amount of USD that has cleared and more clearing. I am confident up to prices previously stated. Though, I cannot deny that huge resistance has been building on both sides of the fence over the last 24 hours. My personal gut feeling is that there will be some down play here over the next few days. *hedge engaged* *high fives Adam*
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If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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proudhon
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July 24, 2012, 10:33:45 PM |
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Look at the depth to $10 a week or so ago. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi46.tinypic.com%2Fwvoc5l.png&t=665&c=4FIGf9Xm-USKdg) Look at it now. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi46.tinypic.com%2F5js5l4.png&t=665&c=v5imhHLszZNGwQ) We're not going to break $10 for a long time. My guess is we're going to see the same sort of multi-month correction we saw after January's high.
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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 (OP)
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July 24, 2012, 10:57:56 PM |
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people want to cash-out but they do not place an ask to allow the top price to rise as much as possible now that a top price has been clearly identify everyone is placing their asks.
what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.
its ironic that a bear (pirate) has unknowingly layout this epic bear trap
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smoothie
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July 24, 2012, 11:29:14 PM |
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people want to cash-out but they do not place an ask to allow the top price to rise as much as possible now that a top price has been clearly identify everyone is placing their asks.
what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.
its ironic that a bear (pirate) has unknowingly layout this epic bear trap
Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped...
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███████████████████████████████████████
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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adamstgBit (OP)
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July 24, 2012, 11:40:04 PM |
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people want to cash-out but they do not place an ask to allow the top price to rise as much as possible now that a top price has been clearly identify everyone is placing their asks.
what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.
its ironic that a bear (pirate) has unknowingly layout this epic bear trap
Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped... when trying to move 100,000 coins, Its easy to get yourself trapped.
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smoothie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 24, 2012, 11:45:08 PM |
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people want to cash-out but they do not place an ask to allow the top price to rise as much as possible now that a top price has been clearly identify everyone is placing their asks.
what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.
its ironic that a bear (pirate) has unknowingly layout this epic bear trap
Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped... when trying to move 100,000 coins, Its easy to get yourself trapped. I'm sorry ...were we still talking about pirate?
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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adamstgBit (OP)
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July 24, 2012, 11:56:28 PM |
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people want to cash-out but they do not place an ask to allow the top price to rise as much as possible now that a top price has been clearly identify everyone is placing their asks.
what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.
its ironic that a bear (pirate) has unknowingly layout this epic bear trap
Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped... when trying to move 100,000 coins, Its easy to get yourself trapped. I'm sorry ...were we still talking about pirate? ya the guy that dumped 100,000 coins from 9.20 to 7.60 he trapped himself. and all you lemmings are fallowing him off the cliff, thinking hes going to save you. TAKE YOUR BITCOIN PROFITS
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smoothie
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LEALANA Bitcoin Grim Reaper
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 25, 2012, 12:05:43 AM |
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people want to cash-out but they do not place an ask to allow the top price to rise as much as possible now that a top price has been clearly identify everyone is placing their asks.
what they dont see is if they all get their asks bought out the price wont go down... it will keep going up! Why? Because this is a false top.
its ironic that a bear (pirate) has unknowingly layout this epic bear trap
Bear trap? Perhaps when we hit the $7 range anyone selling there may get trapped... when trying to move 100,000 coins, Its easy to get yourself trapped. I'm sorry ...were we still talking about pirate? ya the guy that dumped 100,000 coins from 9.20 to 7.60 he trapped himself. and all you lemmings are fallowing him off the cliff, thinking hes going to save you. TAKE YOUR BITCOIN PROFITSNo just so we are clear I have no faith in pirate at all.
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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Yuhfhrh
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 25, 2012, 02:17:28 AM |
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It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.
Oh you are so bullish, I think we will go to the 4's! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You sold, right? Yeah... at 8.50, 8.75, and at 9.00, do you think I shouldn't have?
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adamstgBit (OP)
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July 25, 2012, 02:40:24 AM |
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It'll accelerate. There are more bitcoin for sell on MtGox now than there have been for a while. The price has gone up a lot in the past couple months and lots of people want to cash out apparently. I think we could go into the 5s.
Oh you are so bullish, I think we will go to the 4's! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You sold, right? Yeah... at 8.50, 8.75, and at 9.00, do you think I shouldn't have? he thinks you should be able to buy back at 4.xx 5.xx Hold on to that USD, it could be worth something one day ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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jojo69
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diamond-handed zealot
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July 25, 2012, 02:50:34 AM |
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I am finding my BTC position less and less a pure speculative play and more and more like my physical PM position...
do I itch to play the volatility?
oh yes...I do...very much so
do I want to be caught in bennie bux when the band stops playing?
?
?
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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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adamstgBit (OP)
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July 25, 2012, 03:11:11 AM |
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Virtex is acting very bullish ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs10.postimage.org%2F7ftzf3lvt%2FUntitled.png&t=665&c=rpACE3YdYMiO8w) Most of the time Virtex is a good 10 - 30 cents lower then mtgox now its almost 20 cents over mtgox price oh and the 2 recently executed order are me filling small bids
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ArticMine
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Monero Core Team
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July 25, 2012, 04:11:03 AM |
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Virtex is acting very bullish ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs10.postimage.org%2F7ftzf3lvt%2FUntitled.png&t=665&c=rpACE3YdYMiO8w) Most of the time Virtex is a good 10 - 30 cents lower then mtgox now its almost 20 cents over mtgox price oh and the 2 recently executed order are me filling small bids There is the USD / CAD rate of 1 USD = 1.0219 CAD to also take into account. This still places MtGox higher than Virtex but not by much. 8.691 CAD (8.505 USD) for MtGox vs 8.605 CAD for Virtex.
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adamstgBit (OP)
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July 25, 2012, 08:35:30 PM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs14.postimage.org%2Fs7vys7qld%2FUntitled.png&t=665&c=BhWQDWSEBjqUDA) 8.40 has been taking a beating for a long time, and its still holding a good sign. and a number worth remembering 8.40
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humanitee
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 25, 2012, 08:46:33 PM |
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If buying doesn't pick up I expect the market will go down before the end of the weekend.
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adamstgBit (OP)
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July 25, 2012, 09:10:48 PM |
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If buying doesn't pick up I expect the market will go down before the end of the weekend.
we aren't breaking 8.40 because people are buying, by placing bids above 8.40 How strong this support is, is anyone's guess
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smoothie
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July 25, 2012, 09:12:54 PM |
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If buying doesn't pick up I expect the market will go down before the end of the weekend.
we aren't breaking 8.40 because people are buying, by placing bids above 8.40 How strong this support is, is anyone's guess Well from the looks of it...not much btc is on the buy orderbook at that level. Price is headed to $7 range as I predicted 3 days ago for the next three weeks (at some point it will touch $7.50 or below)
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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adamstgBit (OP)
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July 25, 2012, 09:28:22 PM |
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If buying doesn't pick up I expect the market will go down before the end of the weekend.
we aren't breaking 8.40 because people are buying, by placing bids above 8.40 How strong this support is, is anyone's guess Well from the looks of it...not much btc is on the buy orderbook at that level. Price is headed to $7 range as I predicted 3 days ago for the next three weeks (at some point it will touch $7.50 or below) it looks like their isn't much bitcoin, it gets sold into and then a new bids pops up its been doing this every since we got down to 8.40 yesterday support at 8.40 is much stronger then you estimate
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smoothie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 25, 2012, 09:41:07 PM |
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If buying doesn't pick up I expect the market will go down before the end of the weekend.
we aren't breaking 8.40 because people are buying, by placing bids above 8.40 How strong this support is, is anyone's guess Well from the looks of it...not much btc is on the buy orderbook at that level. Price is headed to $7 range as I predicted 3 days ago for the next three weeks (at some point it will touch $7.50 or below) it looks like their isn't much bitcoin, it gets sold into and then a new bids pops up its been doing this every since we got down to 8.40 yesterday support at 8.40 is much stronger then you estimate If it's so strong why aren't we going higher? $8.40 is temporary. In 2.5 weeks we will have touched below $7.50
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███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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