01BTC10
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January 10, 2013, 04:00:11 PM |
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Where's the single digit crew now?
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thezerg
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Activity: 1246
Merit: 1010
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January 10, 2013, 04:06:15 PM |
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Hm. So someone buying most of the 14 wall all in one shot. That does not seem very organic in the way of growth.
It seems like someone wants to break that barrier to start a false bull run?
I'm not sure if I'd call it "false". It makes sense that on both the bid and ask side when you have a surmountable wall close to the money and then a flat region a large player who has been sitting will grab it and then push the price through the flat. The end result is the buyer/seller gets his trade with very little average slippage but simultaneously is able to raise or drop the price significantly. Like today, someone just bought out 13.99 to 14.10 for an average price of say 14.01 and is already seeing prices stabilizing at 14.08. Let's say he had bought hours ago, so spent the extra on the low side of the wall. Then you might imagine he buys from 13.9x to 14.00 but his average price would be 13.99x with the market price left at 14.00, but likely to retrace leaving the buyer starting off the block with a loss. |
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cypherdoc
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Activity: 1764
Merit: 1002
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January 10, 2013, 04:18:03 PM |
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where's lucif and his motley crew?
There were quiet a few who were quiet adamant that BTC should be in the single digits and being over $10 was abnormal and things would go back below to stay for a good length of time. Sure there is a possibility of that but my money is on BTC being worth much more than it is today and without the scammers etc of last year it would be way higher now. i agree. quite a few have become quiet. |
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myself
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Activity: 938
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chaos is fun...…damental :)
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January 10, 2013, 04:20:21 PM |
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bulls dont claim victory until you are above 15.4  |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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mccorvic
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January 10, 2013, 04:33:07 PM |
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bulls dont claim victory until you are above 15.4 *claims victory* Anyways...where's Adam? But seriously, them some seriously big buy orders. I am preparing for the eventual dumpage/rollercoaster ride. I just can't imagine someone who buys 800 BTC at 14.15 is smart enough to hold onto them for more than a two days. |
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cypherdoc
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Activity: 1764
Merit: 1002
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January 10, 2013, 04:42:07 PM |
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bulls dont claim victory until you are above 15.4 *claims victory* Anyways...where's Adam? But seriously, them some seriously big buy orders. I am preparing for the eventual dumpage/rollercoaster ride. I just can't imagine someone who buys 800 BTC at 14.15 is smart enough to hold onto them for more than a two days. he got caught up in all the pessimism. it's too bad b/c he's one guy i'd like to see get dragged along with the rest of us to the upside. |
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chmod755
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Activity: 1582
Merit: 1021
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January 10, 2013, 04:51:33 PM |
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*claims victory*
The volume is only ~10% of the highest volume ever (Nov 14 2011) - it was quite easy to get there. That's just the reaction to Peter Vessenes' prediction: https://bitcoinfoundation.org/blog/?p=99 |
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mccorvic
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January 10, 2013, 04:58:05 PM |
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bulls dont claim victory until you are above 15.4 *claims victory* Anyways...where's Adam? But seriously, them some seriously big buy orders. I am preparing for the eventual dumpage/rollercoaster ride. I just can't imagine someone who buys 800 BTC at 14.15 is smart enough to hold onto them for more than a two days. he got caught up in all the pessimism. it's too bad b/c he's one guy i'd like to see get dragged along with the rest of us to the upside. I tried to tell him to never sell  |
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robocoin
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January 10, 2013, 05:02:01 PM |
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*claims victory*
The volume is only ~10% of the highest volume ever (Nov 14 2011) - it was quite easy to get there. That's just the reaction to Peter Vessenes' prediction: https://bitcoinfoundation.org/blog/?p=99Yes I cmod +x'ed this, too. lol |
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aurora
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January 10, 2013, 05:06:03 PM |
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One thing is certain for sure and it sucks: After bitcoin suddenly goes up it also suddenly goes down
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Dym.gameDouble your money. Use Martingale/anti strategies. 1 to 1 odds
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mccorvic
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January 10, 2013, 05:07:22 PM |
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One thing is certain for sure and it sucks: After bitcoin suddenly goes up it also suddenly goes down
I'm pretty sure that's true of the vast majority of things? I dunno. The trick will be if it goes down less than it had went up. |
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jl2012
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Activity: 1792
Merit: 1111
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January 10, 2013, 05:15:56 PM |
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What are the reasons behind this rally? New investors for Bitpay? CES? New Megaupload?
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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Luno
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January 10, 2013, 05:16:27 PM |
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 When the music stops! |
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robocoin
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January 10, 2013, 05:17:22 PM |
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What are the reasons behind this rally? New investors for Bitpay? CES? New Megaupload?
The good news are not over yet. Ehh I mean the rumor. You know when to sell. |
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ElectricMucus
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Activity: 1666
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Marketing manager - GO MP
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January 10, 2013, 05:20:47 PM |
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What are the reasons behind this rally? New investors for Bitpay? CES? New Megaupload?
It's seasonal, people, especially nerds who are into btc don't spend as much extra during the holidays. So there is plenty of that 14. pay left over to get some btc. Since eveybody got their 1. pay of the year it's invested before it rots. |
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mccorvic
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January 10, 2013, 05:21:31 PM |
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What are the reasons behind this rally? New investors for Bitpay? CES? New Megaupload?
The good news are not over yet. Ehh I mean the rumor. You know when to sell. Never sell. Buy or spend.  I think there has been not just an increase in good news, but news in general. More awareness = more people wanting to participate. |
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jl2012
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Activity: 1792
Merit: 1111
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January 10, 2013, 05:21:57 PM |
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What are the reasons behind this rally? New investors for Bitpay? CES? New Megaupload?
The good news are not over yet. Ehh I mean the rumor. You know when to sell. I think the raise from 13.4 to 13.8 in the last few days was triggered by insiders. A crash is expected if they want to take the short term profit. |
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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cypherdoc
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Activity: 1764
Merit: 1002
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January 10, 2013, 05:23:56 PM |
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What are the reasons behind this rally? New investors for Bitpay? CES? New Megaupload?
The good news are not over yet. Ehh I mean the rumor. You know when to sell. I think the raise from 13.4 to 13.8 in the last few days was triggered by insiders. A crash is expected if they want to take the short term profit. they would be the last one's to take that profit. |
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