I am predicting a spike above $3 - page 8.

johnj

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Quote from: Edward50 on October 20, 2011, 12:16:10 PM

Quote from: S3052 on October 20, 2011, 11:40:28 AM

thats entirely possible. people buying at current levels have a -10% to -15% tight stop loss at 2$ and higher return opportunities towards 3.5-5 $.

It just needs a trigger.

Your assuming that the $2.00 bid wall will hold up. As history has shown, once this bidwalls takes some selling pressure it will be pulled out and set lower. You will then have a far lager downside than $2.00.

From watching it last night, even when it spiked down to 2.05, the wall didn't move. Infact it got a little bigger. Just an observation.

Crypt_Current

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Shame on everything; regret nothing.

Quote from: ineededausername on October 20, 2011, 12:38:22 PM

The bid wall means that we aren't going to see a spike. Relax, everyone.

Unless it magically evaporates, which LOL could NEVER happen...

Crypt_Current

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Shame on everything; regret nothing.

Quote from: mjcmurfy on October 20, 2011, 11:47:08 AM

Uggh. Why do people never learn???

Will it happen, won't it happen? Will it go up, will it go down? Maybe it will go sideways, then diagonally for a while, and bounce off these funky little lines I have drawn on this colorful log chart. Surely this is inevitable! I mean, it's a LOG CHART!! I'll just post about it and give some tentative circumstantial evidence to support my claim. Oh wait, there's a manipulator in the market, we're all fucked! It's all over people, just sell sell sell. NO, wait!!! BUY BUY BUY... now sell. Yep, it's fucked, it's a giant ponzi scheme. Or is it? Hmmm....

Just STOP will you?! PLEASE, I am literally begging. All you traders and speculators make my blood boil. You can't predict shit, so stop deluding yourselves. I'm avoiding this subforum from now on.

Go and do some real work for once in your bloody lives!

I'll bet the price will DEFINITELY move within the next day, week or month.

ineededausername

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bitcoin hundred-aire

The bid wall means that we aren't going to see a spike. Relax, everyone.

Edward50

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Quote from: S3052 on October 20, 2011, 11:40:28 AM

thats entirely possible. people buying at current levels have a -10% to -15% tight stop loss at 2$ and higher return opportunities towards 3.5-5 $.

It just needs a trigger.

Your assuming that the $2.00 bid wall will hold up. As history has shown, once this bidwalls takes some selling pressure it will be pulled out and set lower. You will then have a far lager downside than $2.00.

mjcmurfy

sr. member

Activity: 336

Merit: 250

Uggh. Why do people never learn???

Will it happen, won't it happen? Will it go up, will it go down? Maybe it will go sideways, then diagonally for a while, and bounce off these funky little lines I have drawn on this colorful log chart. Surely this is inevitable! I mean, it's a LOG CHART!! I'll just post about it and give some tentative circumstantial evidence to support my claim. Oh wait, there's a manipulator in the market, we're all fucked! It's all over people, just sell sell sell. NO, wait!!! BUY BUY BUY... now sell. Yep, it's fucked, it's a giant ponzi scheme. Or is it? Hmmm....

Just STOP will you?! PLEASE, I am literally begging. All you traders and speculators make my blood boil.
You can't predict shit, so stop deluding yourselves. I'm avoiding this subforum from now on.

Go and do some real work for once in your bloody lives!

S3052

legendary

Activity: 2100

Merit: 1000

thats entirely possible. people buying at current levels have a -10% to -15% tight stop loss at 2$ and higher return opportunities towards 3.5-5 $.

It just needs a trigger.

Dan The Man

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Activity: 672

Merit: 500

Since the price plummeted through $3 a few days ago, everyone buying has been scared and looking for some stability before they go back in. As confidence in stability rises it's going to lead to a lot of buyers jumping back onto the wagon in the next 24 hours, spiking up to something like $3.5, right where the price would have been if it continued falling at the steady rate it has all month. Then it'll settle in by Sunday and stay above $3 for a few days.

Same thing happened Sep 12 and Aug 18.

Topic: I am predicting a spike above $3 - page 8. (Read 10622 times)