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Topic: 8/22/11 Speculation Thread (Read 2212 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
August 22, 2011, 01:56:14 PM
#25
sh!t, I missed the fall of the wall. so was it fake or did some one just buy 10000 btc at 11.14?

It was fake.
full member
Activity: 196
Merit: 101
August 22, 2011, 01:46:10 PM
#24
sh!t, I missed the fall of the wall. so was it fake or did some one just buy 10000 btc at 11.14?
legendary
Activity: 2072
Merit: 1001
August 22, 2011, 01:38:56 PM
#23
well i just put in a buy order at 9.50ish that i will not keep an eye on for the next few hours.
i am such an optimist.
at work.. should be working ;-)

I doubt it will happen as my feeling was a low of 10 this week but one can hope another big sell drives
it down further. I am assuming a lot of that bid wall is fake but just enough is not so it will not go down too
much.

I obviously have no clue what I am doing.
legendary
Activity: 1484
Merit: 1005
August 22, 2011, 01:29:29 PM
#22
full member
Activity: 216
Merit: 100
August 22, 2011, 01:26:22 PM
#21
OP was so clueless. It's falling down without any resistance :/

OP post was several hours ago, not right now.

Ah, so the "daily" speculation turned into hourly speculation? Got it.
full member
Activity: 224
Merit: 100
August 22, 2011, 01:22:46 PM
#20
Why is this person only placing bid orders below the current bitcoin price, why is this person not actually buying any bitcoins? This has been going on since the price hit into the mid single digits.

The HFT bot is king.

But, it doesn't matter.  I think by 3-5 EST today something fun will happen.  Someone is eventually going to have to sell off a few thousand.

HFT bot? Trust me, there is no HFT going on with Bitcoins.
legendary
Activity: 1484
Merit: 1005
August 22, 2011, 01:18:21 PM
#19
OP was so clueless. It's falling down without any resistance :/

OP post was several hours ago, not right now.
full member
Activity: 216
Merit: 100
August 22, 2011, 01:15:19 PM
#18
OP was so clueless. It's falling down without any resistance :/
full member
Activity: 185
Merit: 100
August 22, 2011, 01:12:05 PM
#17
Plan:

Get $110,000
Send to MtGox
Place huge buy order
Pray it doesn't get bought
Huh
Profit?

No - it involves a bit more complicated plan - and it could work, but actually it does not seem likely any more.

And yet this is what happened.  Anyone volunteers to explain the 'Huh' there for those left behind?

It's probably more like this:
  • Sold an imperial ton of BTC on the way up to $32
  • Never withdrew all USD from Gox (tax shitstorm and all that)
  • Still holds lots of coins and want to keep the price up
zby
legendary
Activity: 1594
Merit: 1001
August 22, 2011, 01:01:52 PM
#16
Plan:

Get $110,000
Send to MtGox
Place huge buy order
Pray it doesn't get bought
Huh
Profit?

No - it involves a bit more complicated plan - and it could work, but actually it does not seem likely any more.

And yet this is what happened.  Anyone volunteers to explain the 'Huh' there for those left behind?
legendary
Activity: 2072
Merit: 1001
August 22, 2011, 12:59:51 PM
#15
haha. 5 seconds after I posted, the 11.14 wall fell. Time for a fun ride.

There she goes.. straight to Davey Jone's locker.
sr. member
Activity: 388
Merit: 250
August 22, 2011, 12:53:41 PM
#14
haha. 5 seconds after I posted, the 11.14 wall fell. Time for a fun ride.
sr. member
Activity: 388
Merit: 250
August 22, 2011, 12:51:31 PM
#13
one chunk at 405 out of that 11.14 wall and it's still up, so its not completely fake.... we'll see how it does over the next few minutes / hours.
zby
legendary
Activity: 1594
Merit: 1001
August 22, 2011, 12:46:34 PM
#12
Plan:

Get $110,000
Send to MtGox
Place huge buy order
Pray it doesn't get bought
Huh
Profit?

No - it involves a bit more complicated plan - and it could work, but actually it does not seem likely any more.
legendary
Activity: 1484
Merit: 1005
August 22, 2011, 12:44:45 PM
#11
Good-bye huge wall
SELL SELL SELL
legendary
Activity: 1246
Merit: 1016
Strength in numbers
August 22, 2011, 12:41:17 PM
#10
Plan:

Get $110,000
Send to MtGox
Place huge buy order
Pray it doesn't get bought
Huh
Profit?
legendary
Activity: 1484
Merit: 1005
August 22, 2011, 12:16:06 PM
#9
Yeah.  This is the only bit of press I've seen so far:
http://www.finextra.com/news/fullstory.aspx?newsitemid=22882
full member
Activity: 224
Merit: 100
August 22, 2011, 12:15:04 PM
#8
Bitcoin won't make a large move up till there is

1. Credible Hype from the Lamestream media
or
2. Significant (100k USD or more) buy-in of new money
or
3. New and innovative merchant that accepts bitcoin


Number 3 is the best choice for long term acceptance and stability.



legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
August 22, 2011, 11:56:30 AM
#7
I cashed out and am sitting at 80:20 USD:BTC.

Personal forecast is a push to 9-10USD/BTC in the next 48-72hr until we at least get some press from this conference.  Buy back target for me is about 7-8$ USD, although I feel the actual bitcoin price should be closer to 5-6$ USD.  But bitcoins are what bitcoins cost.

People were expecting huge news from the conference so they held. The conference seems to be a bit of a dud as far as the CNN, Al Jazeera, etc hype.

I see a slow push back down to $9 before the conference holding began. And back on track with the dollar a week decline from there on with slight upticks from media write ups here and there.
legendary
Activity: 1484
Merit: 1005
August 22, 2011, 11:33:51 AM
#6
I cashed out and am sitting at 80:20 USD:BTC.

Personal forecast is a push to 9-10USD/BTC in the next 48-72hr until we at least get some press from this conference.  Buy back target for me is about 7-8$ USD, although I feel the actual bitcoin price should be closer to 5-6$ USD.  But bitcoins are what bitcoins cost.
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