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Topic: [Daily Speculation Poll] :: bitcoin is the name of the game! (Read 1393 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
re-vote!  Wink
hero member
Activity: 994
Merit: 1000
I don't see why it would'nt go back up between $6 an $7

Because that price was being held up by all the over leveraged longs, who bought in during the preceding euphoria, that just all got smacked down.

All that cash is now in the mystery shorter's account. I doubt he is in a hurry to pump the price back up as he has 17k bitcoin to buy back below 6.45 before he can realise his profit.

I think this is also the case, although if replacement cash is injected by people who still believe in a higher long (this might be a very good time to buy, in fact), that shorter would have more pressure to act sooner rather than later wouldn't he?
legendary
Activity: 1022
Merit: 1001
$6.80 or thereabouts..IMO  Grin
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot

All that cash is now in the mystery shorter's account. I doubt he is in a hurry to pump the price back up as he has 17k bitcoin to buy back below 6.45 before he can realise his profit.

bingo

legendary
Activity: 2576
Merit: 1087
I don't see why it would'nt go back up between $6 an $7

Because that price was being held up by all the over leveraged longs, who bought in during the preceding euphoria, that just all got smacked down.

All that cash is now in the mystery shorter's account. I doubt he is in a hurry to pump the price back up as he has 17k bitcoin to buy back below 6.45 before he can realise his profit.
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
classic dampening wave converging on 5.55

trend is down
full member
Activity: 181
Merit: 100
I don't see why it would'nt go back up between $6 an $7

haha, now that you've made your btc
Bro
full member
Activity: 218
Merit: 100
I don't see why it would'nt go back up between $6 an $7
sr. member
Activity: 387
Merit: 250
it will go back up to 5.80, then head lower.
It all depends on what time-scale "when the dust clears" is.

it will go back up to 5.8 in next 24hours, then head lower over next fortnight Cheesy

forum post 2.0 - now with added timescales
haha u just missed buying ^^
legendary
Activity: 2576
Merit: 1087
it will go back up to 5.80, then head lower.
It all depends on what time-scale "when the dust clears" is.

it will go back up to 5.8 in next 24hours, then head lower over next fortnight Cheesy

forum post 2.0 - now with added timescales
legendary
Activity: 1036
Merit: 1002
It all depends on what time-scale "when the dust clears" is.
legendary
Activity: 2576
Merit: 1087
it will go back up to 5.80, then head lower.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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