Pages:
Author

Topic: A bullish day (Read 4092 times)

hero member
Activity: 616
Merit: 500
July 27, 2014, 09:01:51 AM
#36
Price action looks very weak.

I am tempted to short at 620 and cover around 550.

Did you short?

If you did you made some money


$25/btc.

Need to have some bitcoins for this be good money
hero member
Activity: 1022
Merit: 500
July 27, 2014, 08:07:16 AM
#35
Price action looks very weak.

I am tempted to short at 620 and cover around 550.

Did you short?

If you did you made some money
full member
Activity: 165
Merit: 100
July 20, 2014, 09:59:51 PM
#34
Price action looks very weak.

I am tempted to short at 620 and cover around 550.
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
July 20, 2014, 04:50:41 PM
#33
We haven't had any bullish days in a week or so. Yesterday was just another sideways movement. We were lucky that we didn't fall in a pit, ha  Grin
I have't even looked at the price in a couple hours, so I don't know if we're even above 600 anymore  Tongue

It hasn't been below 600 in a month.. what makes you think it did in 2 random hours?

Well the price seemed to target the high 500s a couple of times over the past week(s). The small bull runs haven't really meterialized a major choo choo and thus some people tend to get overly pessimistic and start shorting. Other people fall for the pessimism as well and together the price isn't exactly climbing steadily at the moment. It could go either way to be honest. Although I'd prefer the north!
sr. member
Activity: 434
Merit: 250
July 18, 2014, 07:19:52 PM
#32
seems to be kind of the calm before the storm, lots of investor money slated to start coming in, I think we may be sarting another bull run

i don't know anymore. i mean, this is what most people here have been saying for the past 2 months, and not a whole lot has happened.
hero member
Activity: 1022
Merit: 500
July 18, 2014, 05:10:40 PM
#31
We haven't had any bullish days in a week or so. Yesterday was just another sideways movement. We were lucky that we didn't fall in a pit, ha  Grin
I have't even looked at the price in a couple hours, so I don't know if we're even above 600 anymore  Tongue

It hasn't been below 600 in a month.. what makes you think it did in 2 random hours?

He didn't say he thought it was

It could go anywhere in the next few weeks, up or down, as always
legendary
Activity: 1722
Merit: 1000
July 18, 2014, 10:32:16 AM
#30
We haven't had any bullish days in a week or so. Yesterday was just another sideways movement. We were lucky that we didn't fall in a pit, ha  Grin
I have't even looked at the price in a couple hours, so I don't know if we're even above 600 anymore  Tongue

It hasn't been below 600 in a month.. what makes you think it did in 2 random hours?
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
July 18, 2014, 09:32:41 AM
#29
We haven't had any bullish days in a week or so. Yesterday was just another sideways movement. We were lucky that we didn't fall in a pit, ha  Grin
I have't even looked at the price in a couple hours, so I don't know if we're even above 600 anymore  Tongue
sr. member
Activity: 322
Merit: 250
July 18, 2014, 04:35:21 AM
#28
A bullish day is never a bullish day when you don't have any fiat around.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
July 17, 2014, 08:55:03 PM
#27
I suspect next month this time we will have made a significant moves up or will be in the process of doing so.  All the news is good recently and don't see anywhere else to go but up.

I got to say, Bitcoin has been through some real shit over time and has held its own in terms of market price very well. Bitcoin as a protocol is alive and well, as it will be irrespective of the daily price variations.

It's a game of patience; many people keep hoping for the next 'bubble', and a lot of people think as $10,000 as the magical target price, at which point they will apparently dump their coins and live happily ever after...

Agreed when I say we are going up I'm not saying today I'm say the over all trend will be steady or trend upwards.  I'm not in the bubble camp really I just like the growth part, I'll take it how I can get it i guess.  I'd prefer sustainable movement however.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
July 17, 2014, 08:37:26 PM
#26
a lot of people think as $10,000 as the magical target price, at which point they will apparently dump their coins and live happily ever after...

That's this year's version.

It wasn't all that long ago that those who paid pennies per coin thought that $100 per bitcoin was the moon. Many cashed out when it finally got there.

By last year those who'd paid a few dollars thought the moon was $1000 and sure enough, when it hit a grand many dumped.

Now we have many noobs who think of bitcoins as costing hundreds of dollars each, so we shouldn't be surprised that they see the moon at $10k and we can expect a accompanying dump when that's reached.

When Bitcoin broke $100 it made a millionaire out of whomever sold that famous pizza. Last autumn when it broke $1000, all the thousand coin holders became millionaires and a big party was planned. It's little wonder that those with a hundred or more coins are eagerly awaiting $10k per.

And on and on it goes, at least until wide-scale adoption takes hold.

As for dumping any coins to live happily ever after, that would be foolish. Ever after would almost surely be happier with billions of satoshis than with millions of dollars, euros or whatever fiat currency is still standing.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
July 17, 2014, 03:53:02 PM
#25
I suspect next month this time we will have made a significant moves up or will be in the process of doing so.  All the news is good recently and don't see anywhere else to go but up.

I got to say, Bitcoin has been through some real shit over time and has held its own in terms of market price very well. Bitcoin as a protocol is alive and well, as it will be irrespective of the daily price variations.

It's a game of patience; many people keep hoping for the next 'bubble', and a lot of people think as $10,000 as the magical target price, at which point they will apparently dump their coins and live happily ever after...
hero member
Activity: 616
Merit: 500
July 15, 2014, 07:05:40 PM
#24
I've seen the price stalled for more than 8 weeks before. I think there is no reason for that doesn't happens again.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
July 15, 2014, 05:42:04 PM
#23
I suspect next month this time we will have made a significant moves up or will be in the process of doing so.  All the news is good recently and don't see anywhere else to go but up.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
July 14, 2014, 08:36:30 PM
#22
BTC has been way too low after coming down from that run to $660.  I think we'll be heading up to the $640 range this next week.  The market has been waiting for another rally with no really bad FUD going around
full member
Activity: 238
Merit: 100
July 14, 2014, 08:05:07 PM
#21
seems to be kind of the calm before the storm, lots of investor money slated to start coming in, I think we may be sarting another bull run

A fool and his money Bitcoins will soon part.
hero member
Activity: 504
Merit: 500
July 14, 2014, 07:50:37 AM
#20
seems to be kind of the calm before the storm, lots of investor money slated to start coming in, I think we may be sarting another bull run
sr. member
Activity: 336
Merit: 250
July 14, 2014, 06:55:59 AM
#19
good news doesn't usually have immediate effects on bitcoin. generally events have greater impacts when they come to pass. example, the auction, everyone was scared about it but there wasn't a lot of movement after the initial panic until post auction when all the bears bought back in after they'd sold. i think movement will come from the influx in money coming from the GABI fund, 200 million proposed investment in the fund should move the price a bit, possibly cause panic buying and lead to a snowball effect
hero member
Activity: 644
Merit: 500
July 14, 2014, 03:59:03 AM
#18
swing around $600-$650 is good form for bitcoin
at least bitcoin doesn't drop to $500-ish
still wait for another good news to fueling the price to $700 Grin
full member
Activity: 213
Merit: 100
July 14, 2014, 02:20:18 AM
#17
Went up to around 640 earlier today and down again.

Pages:
Jump to: