Rallye
Member
 Offline
Activity: 94
Merit: 10
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April 07, 2013, 09:29:24 AM |
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BAM! New ATH.
50 here we come... on a sunday
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Le Happy Merchant
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April 07, 2013, 09:30:16 AM |
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At $144.85. Once we cross $145, which should be any minute now, I think $150 will fall quite soon after. I'm not looking at the walls, but rather just the pattern of the past few weeks.
Its saturday at midnight (PST), we aren't breaking $150. I'm continuing to stand by my short term prediction. I am generally in the camp that says chart reading and T/A is bullshit. Even when chart patterns allow you to be right 90% of the time, its that other 10% where you are going to get burned so bad its going to wipe out the successes. This same chart pattern, low volatility and very slight rise, followed by a sharp and accelerating break upward, followed by extreme price swings, before ultimately settling down a higher price and repeating the pattern again, I think this has been happening since we broke through $31.91. I recognize the pattern, I just can't wrap my head around the timing. |
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thoughtfan
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April 07, 2013, 09:31:17 AM |
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 Apologies for lack of decent wall pic. I don't subscribe to BTCcharts and haven't been able to get on to mtgoxlive.com for probably a month now! |
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only
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April 07, 2013, 09:35:30 AM |
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ATH on the weekend, nicccccce!  |
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zedicus
Legendary
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Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
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April 07, 2013, 09:39:27 AM |
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wtf, im up , im up.... ----> falls out of chair!
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solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
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April 07, 2013, 09:42:43 AM |
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I recognize the pattern, I just can't wrap my head around the timing.
Exactly. Where is the fiat coming from on a Sunday? If the fiat can't move then it must be the BTC moving... Could it be that the bitcoin asks are being raised, in anticipation of a big move up next week? |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 07, 2013, 09:44:41 AM |
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I recognize the pattern, I just can't wrap my head around the timing.
Exactly. Where is the fiat coming on a Sunday? If the fiat can't move then it must be the BTC moving... Could it be that the bitcoin asks are being raised, in anticipation of a big move up next week? That doesn't really matter that much since people take their time. In fact most people procrastinate before taking any action. |
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only
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April 07, 2013, 09:45:15 AM |
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Exactly. Where is the fiat coming from on a Sunday?
Perhaps the newbies didn't go "all-in" straight away? |
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Arzack
Newbie
Offline
Activity: 52
Merit: 0
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April 07, 2013, 09:46:27 AM |
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I recognize the pattern, I just can't wrap my head around the timing.
Exactly. Where is the fiat coming from on a Sunday? If the fiat can't move then it must be the BTC moving... Could it be that the bitcoin asks are being raised, in anticipation of a big move up next week? People were hoping to see the price dropping in the w/e to buy cheap before the monday crash, now they realize that they had all the same plan? |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 07, 2013, 09:47:15 AM |
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Holy shit! Its Sunday and I just woke up!  |
- aka The "DigiMan"
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solex
Legendary
Offline
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
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April 07, 2013, 09:50:23 AM |
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I recognize the pattern, I just can't wrap my head around the timing.
Exactly. Where is the fiat coming from on a Sunday? If the fiat can't move then it must be the BTC moving... Could it be that the bitcoin asks are being raised, in anticipation of a big move up next week? Perhaps the newbies didn't go "all-in" straight away?
People were hoping to see the price dropping in the w/e to buy cheap before the monday crash, now they realize that they had all the same plan? Yes. That's it. They couldn't wait for the fantasy dip to 110 any longer, and went in before the rush next week. |
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BitcoinTate
Full Member
Offline
Activity: 224
Merit: 100
DigiByte Founder
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April 07, 2013, 09:51:42 AM |
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I recognize the pattern, I just can't wrap my head around the timing.
Exactly. Where is the fiat coming from on a Sunday? If the fiat can't move then it must be the BTC moving... Could it be that the bitcoin asks are being raised, in anticipation of a big move up next week? Perhaps the newbies didn't go "all-in" straight away?
People were hoping to see the price dropping in the w/e to buy cheap before the monday crash, now they realize that they had all the same plan? Yes. That's it. They couldn't wait for the fantasy dip to 110 any longer, and went in before the rush next week. Bears be sayin "ah damn... no weekend dip, better buy in before the bulls go on parade!" |
- aka The "DigiMan"
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only
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April 07, 2013, 09:58:10 AM |
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Where do we stand on walls? How much to break 150?
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samson
Legendary
Offline
Activity: 2097
Merit: 1070
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April 07, 2013, 10:02:23 AM |
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Where do we stand on walls? How much to break 150?
4200 at the moment. |
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Jaques
Member
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Activity: 112
Merit: 10
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April 07, 2013, 10:14:48 AM |
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Get you're bitcoins Sunday before Europe & Asia wake up on Monday, America. Otherwise we'll have another Goxxian failure. I think this Monday will be very big considering all the press we had late last week. A weekend can do amazing things.
Interesting. On the one hand I'm tempted to keep holding. At my current holdings I'd stand to gain a couple hundred dollars if we shot up more than $10. On the other hand, there's something I need to buy that I have the money for now (and then some). However, the cost of this item would almost totally wipe out my holdings at the current valuation, leaving me with peharps 1, 1.5 BTC. And I could definitely use the extra few hundred. Then there's the "Money Flow" thread here https://bitcointalk.org/index.php?topic=167112.40 which is both extremely interesting, and disturbing. The OP in that thread is predicting a massive coming correction. What to do? I can't see no imminent correction based on money-flow ... |
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zedicus
Legendary
Offline
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
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April 07, 2013, 10:23:21 AM |
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function_Wakyoasup(~, ) {
if ask > 149 then
echo>>> siren.mp3
else.http:listentobitcoin.com
vol = 3
sleep
}
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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April 07, 2013, 11:44:56 AM |
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Well, there goes that wall.
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more or less retired.
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Faraday
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April 07, 2013, 11:45:12 AM |
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function_Wakyoasup(~, ) {
if ask > 149 then
echo>>> siren.mp3
else.http:listentobitcoin.com
vol = 3
sleep
}
Guess you better wake up then. |
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