Topic: [Daily Speculation Poll] :: due for a price drop? (Read 2282 times)
Well as predicted the price has dropped below 6 USD. Virtex has traded at CAD 6.12 at 15:51 today that translates into USD 5.95 with a CAD USD rate of 0.972.
I voted yes. We need the Virtex price to hit 6.16 CAD and that is quite possible even if MtGox does not fall below 6 USD. Current CAD / USD rate 1.0279. Last price on Virtex 6.57 CAD or 6.39 USD.
This looks like a bull trap, alas return to normal of this years bubble.
Too bad bitcoinica is gone.
Too bad bitcoinica is gone.
its not a trap either way
Volume looks strong even at these "high" prices
we will most likely go down (just cuz we went up so fast ) but not by much and not fast.
a few years from now a long term view will reveal a never ending and increasing strong bull run.
This looks like a bull trap, alas return to normal of this years bubble.
Too bad bitcoinica is gone.
Too bad bitcoinica is gone.
At the moment, on my large chart here... looks stronger than I thought it would.
Hanging at 6.6689 and all.
Yes, I have it on a big monitor - just for bitcoin
Hanging at 6.6689 and all.
Yes, I have it on a big monitor - just for bitcoin
[guess]
I'm bullish right now. All the good press and other developments lead me to believe we are going up to about $8 before turning down.
[/guess]
I'm bullish right now. All the good press and other developments lead me to believe we are going up to about $8 before turning down.
[/guess]
I Sold 50BTC today!
Didn't you spend the last month saying it was going to 8 in just a few weeks? and you bail out now *shakes head*..
Day trading is not a crime!
6.10 by the end of the weekend, 8$ 2 weeks later
Still pushing new highs, let's wait until we have a correction and a failed attempt to rise again before we start looking for the exit.
The human trait to hope for the best clouds the average person’s ability to reason things out. And why in hindsight most people make the wrong decisions.
What we must do is gain the knowledge to be able to make the correct decisions and let the “other” people throw up their hands and hope for the best.
Start by gauging what the present market confidence is towards Bitcoins perceived value. Then set a course of action, up or down.
P.S. IF your a day trader then do that every hr.
What we must do is gain the knowledge to be able to make the correct decisions and let the “other” people throw up their hands and hope for the best.
Start by gauging what the present market confidence is towards Bitcoins perceived value. Then set a course of action, up or down.
P.S. IF your a day trader then do that every hr.
I Sold 50BTC today!
Didn't you spend the last month saying it was going to 8 in just a few weeks? and you bail out now *shakes head*..
I like hockey
Me too. Hopefully I can be around to trade it this time.
I like hockey
Wouldn't mind a retrace to the 5.60 - 6.00 range. I don't want a hockey-stick up to 7 and beyond, prefer the retrace-plateau-increase cycle over exponential curves.
I think the price is due for the opposite of a drop right now. :-)
The short term correction was weak so this is not surprising. The market is quite bullish. Interesting to see if we can break $7.
The short term correction was weak so this is not surprising. The market is quite bullish. Interesting to see if we can break $7.
do you all have any reason being bearish?
The RSI is one reason.
Which RSI? The 12-hour chart still shows above 70...
do you all have any reason being bearish?
The RSI is one reason.
do you all have any reason being bearish?
What and im trying to sell all my coins for over $8
damn you adam and your false hype...
HOw low will it go... 5.70
damn you adam and your false hype...
HOw low will it go... 5.70
I had a chance to buy back (I'm trading on virtex CAD), I consider myself lucky!
What and im trying to sell all my coins for over $8
damn you adam and your false hype...
HOw low will it go... 5.70
damn you adam and your false hype...
HOw low will it go... 5.70
I think the market is primed for another cool down period of at least a month before it moves up again, and I do think the price will go below $6.
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