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Topic: I confess (Read 1169 times)

full member
Activity: 210
Merit: 100
September 07, 2011, 02:33:00 PM
#10
It had climbed to 7.50.  Then Firefox running MtGox Live froze so I had to close and restart.  When I reopened it, it had fallen to about 6.90 and showed about 10,000 volume just sold.
jr. member
Activity: 81
Merit: 9
September 07, 2011, 02:21:35 PM
#9
Price would be in $9 if someone hadn't sold 10,000 at 7.50 down to 6.90 and now it has been stagnating, but not falling.
?
full member
Activity: 210
Merit: 100
September 07, 2011, 01:48:22 PM
#8
Bought at $7.10 (long standing bid, over a week ago) and rued the fact that price kept falling.  Alas, some kind soul pumped the price up to a $7.50+ spike today and that's where I sold.  $6.90 now.

Will buy again.

Price would be in $9 if someone hadn't sold 10,000 at 7.50 down to 6.90 and now it has been stagnating, but not falling.
full member
Activity: 350
Merit: 100
September 07, 2011, 08:34:37 AM
#7
You all do realize the "it'll take 20k of new money get the price up $2" is BS, don't you?

...Don't you?

Say that wall is 20k worth. If you had 20k of BTC to sell, and saw the price heading up.. would you still sell it there? There are no false walls, up or down. There's profiteering. Free market.

I hope yall never trade on the real markets. People like you helped cause the '08 crash. Relax, do some real research, take your position nd grab a beer.

@OP, you're not crazy. This market must be the easiest range trade I've ever played. Another day hovering at this point and I'm back in long.
legendary
Activity: 1692
Merit: 1018
September 07, 2011, 07:03:38 AM
#6
Bought at $7.10 (long standing bid, over a week ago) and rued the fact that price kept falling.  Alas, some kind soul pumped the price up to a $7.50+ spike today and that's where I sold.  $6.90 now.

Will buy again.
full member
Activity: 210
Merit: 100
September 07, 2011, 02:46:13 AM
#5
It wont, unfortunately.  Unless we see a new flood of investors or the (bitcoin) economy as a whole grows a ton.


People sold their coins cheap.  These people who bought it aren't going to sell until they're sure it reaches the top.  So there's less coins on the market.
jr. member
Activity: 81
Merit: 9
September 07, 2011, 02:44:07 AM
#4
Bitcoin prices are based entirely on speculation.  People have been waiting for it to go back up and now it has, they are all buying it.  I hope it will go up to $14.
It wont, unfortunately.  Unless we see a new flood of investors or the (bitcoin) economy as a whole grows a ton.
full member
Activity: 210
Merit: 100
September 07, 2011, 02:34:09 AM
#3
Bitcoin prices are based entirely on speculation.  People have been waiting for it to go back up and now it has, they are all buying it.  I hope it will go up to $14.
full member
Activity: 174
Merit: 100
September 07, 2011, 02:32:50 AM
#2
you might get a nice quick trade out of it, this can move quick so don't go to sleep  Grin

I'm just going to watch for now. would take quite a lot to turn the market around at this point.
N12
donator
Activity: 1610
Merit: 1010
September 07, 2011, 02:24:07 AM
#1
I am bullish since 6.6$.

Am I crazy?
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