Once 200 is passed, it will be done, and we'll think about 250 Same happened with 50, same happened with 100. 
Topic: $200 (Read 3374 times)
Do you think that a rise to $200 would help continue the rally or spark a huge selloff? I think, it being a psychological indicator, could be the start of a massive selloff.
The sell off has been going on all day; it doesn't generally happen after the barrier is passed.
Why are people selling?
Are they stoopid?
Are they stoopid?
People sell for different reasons. If I was going to lose my house, and selling all my bitcoins would prevent that, I'd do it in a heart-beat.
And it's easy to forget:
For people to be buying bitcoin (or any commodity), there have to be other people selling them!
Why are people selling?
Are they stoopid?
Are they stoopid?
People sell for different reasons. If I was going to lose my house, and selling all my bitcoins would prevent that, I'd do it in a heart-beat.
https://i.imgur.com/3LcHI4U.png
"steady buying volume". we are skyrocketing through $200 before the sun sets.
"steady buying volume". we are skyrocketing through $200 before the sun sets.
15,600 user queue at GOX for verification. Even if they put $500 each that is a ton of money coming in.
The bears think those 15,600 users are all waiting to get verified so they can sell their stockpile of bitcoin they have been sitting on. It's going to crash the market when they get through verification!
I cannot imagine there are thousands of bears who have a large amount of Bitcoins and are only now suddenly getting a Mt.Gox account.
That doesn't make sense.
Is anybody worried some sort of hacker network may dump bitcoin by the thousands? This has been the only reason that has stopped me from buying a large amount of bitcoins.
15,600 user queue at GOX for verification. Even if they put $500 each that is a ton of money coming in.
The bears think those 15,600 users are all waiting to get verified so they can sell their stockpile of bitcoin they have been sitting on. It's going to crash the market when they get through verification!
I cannot imagine there are thousands of bears who have a large amount of Bitcoins and are only now suddenly getting a Mt.Gox account.
That doesn't make sense.
15,600 user queue at GOX for verification. Even if they put $500 each that is a ton of money coming in.
The bears think those 15,600 users are all waiting to get verified so they can sell their stockpile of bitcoin they have been sitting on. It's going to crash the market when they get through verification!
I disagree,I think we might cool off a bit to the mid-180's and think we've seen the height of the rally for now.The 200 Barrier has quite the resistance.
Yeah I can see this for hours not days.
15,600 user queue at GOX for verification. Even if they put $500 each that is a ton of money coming in.
I disagree,I think we might cool off a bit to the mid-180's and think we've seen the height of the rally for now.The 200 Barrier has quite the resistance.
my deposit hasn't even hit yet (suppose to be today), so i think another push is coming.
a few bitcoin cents to be made here!
http://betsofbitco.in/item?id=1454
http://betsofbitco.in/item?id=1454
$200 by noon, $215 by the end of the day. $300 within 7 days. hours
I'll take that as a yes.
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