Topic: my intuition says: we're sitting on a rocket about to be ignited - page 7. (Read 36883 times)
November 18, 2012, 09:03:58 PM
What goes up must come down lol
November 18, 2012, 08:55:05 PM
November 18, 2012, 08:38:22 PM
Never sit on a rocket
November 18, 2012, 07:01:15 PM
November 18, 2012, 07:00:32 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
there is more and more fiat out there, however, so big rallies are still possible, no?
it goes both ways unfortunately... because the market will not allow a crazy swing up or down unless its justified with new development / news.
look at the log chart you'll see what I'm talking about.
I'm sorry but you acting like there is a complete science to this is retarded.
Bold for emphasis. Not all movements need to be on news/developments.
your right, if someone buys 100k bitcoin in one shot ... etc.
but their is some truth to what i say. the market is growing, and wild swings are fading, that much is clear.
you remember that 7.20 wall that we hit OVER AND OVER yet could not break it?
that was 1 dumb ass ( pirate40 ) controlling the price and profiting from it.
that kind of influence is going away.
Even Gavin says, which I believe too, "there will be growing pains"......don't think you've seen the last of it.
November 18, 2012, 07:00:00 PM
November 18, 2012, 06:58:43 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
there is more and more fiat out there, however, so big rallies are still possible, no?
it goes both ways unfortunately... because the market will not allow a crazy swing up or down unless its justified with new development / news.
look at the log chart you'll see what I'm talking about.
I'm sorry but you acting like there is a complete science to this is retarded.
Bold for emphasis. Not all movements need to be on news/developments.
your right, if someone buys 100k bitcoin in one shot ... etc.
but their is some truth to what i say. the market is growing, and wild swings are fading, that much is clear.
you remember that 7.20 wall that we hit OVER AND OVER yet could not break it?
that was 1 dumb ass ( pirate40 ) controlling the price and profiting from it.
that kind of influence is going away.
the market moves because of the crowd moving it, not 1 guy.
November 18, 2012, 03:29:26 PM
November 18, 2012, 03:20:10 PM
November 18, 2012, 02:59:28 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
there is more and more fiat out there, however, so big rallies are still possible, no?
it goes both ways unfortunately... because the market will not allow a crazy swing up or down unless its justified with new development / news.
look at the log chart you'll see what I'm talking about.
I'm sorry but you acting like there is a complete science to this is retarded.
Bold for emphasis. Not all movements need to be on news/developments.
November 18, 2012, 02:57:41 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
Wanna bet they will?
November 18, 2012, 02:55:28 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
there is more and more fiat out there, however, so big rallies are still possible, no?
it goes both ways unfortunately... because the market will not allow a crazy swing up or down unless its justified with new development / news.
look at the log chart you'll see what I'm talking about.
November 18, 2012, 02:50:40 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
there is more and more fiat out there, however, so big rallies are still possible, no?
November 18, 2012, 02:48:16 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
1) The market is more capable of handling big dumps
2) Coins become more distributed, meaning less people have enough bitcoin to crash the market
I think we are seeing this effect now.
if you look back you find that price swigs are getting smaller.
November 18, 2012, 02:33:27 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
You forget: This is bitcoin. 6.3% moves mean nothing. We just had a 25% drop in October on two occasions in two days each.
November 18, 2012, 02:22:30 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
well, this is what i was talking about above to EM about how the market is maturing along with the depth. volatility actually decreases with a sound money the more established it becomes. the chart paints a huge multiyear triangulish oscillator with the whipsaws dampening into a consolidation pattern that will break up. i think we've just started that.
aka: the daaash for the digital caaash ;>
you love it. admit it.
admitted. both meaning and the sound of it.
November 18, 2012, 02:21:01 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
well, this is what i was talking about above to EM about how the market is maturing along with the depth. volatility actually decreases with a sound money the more established it becomes. the chart paints a huge multiyear triangulish oscillator with the whipsaws dampening into a consolidation pattern that will break up. i think we've just started that.
aka: the daaash for the digital caaash ;>
you love it. admit it.
November 18, 2012, 02:18:29 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
well, this is what i was talking about above to EM about how the market is maturing along with the depth. volatility actually decreases with a sound money the more established it becomes. the chart paints a huge multiyear triangulish oscillator with the whipsaws dampening into a consolidation pattern that will break up. i think we've just started that.
aka: the daaash for the digital caaash ;>
November 18, 2012, 02:17:16 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
a 6.3% move in roughly a day (from 11.0 to 11.7) is in other markets (even the volatile silver, for example) considered a big move.
Also: the wordpress news not only triggers existing bitcoiners to buy, but it also generates new bitcoin users and introduces a lot of new people to bitcoin that didn't know about it before (thankfully, wordpress "gets it" and embraced bitcoin for the right reasons and also says so). In a mid-term view this is even more bullish then a couple traders reacting to news.
November 18, 2012, 01:59:47 PM
and now it's easier for a big player like Google to say, "what? Wordpress is doing IT!"
I suspect Google will wait a few months to let WordPress be the guinea pig.
I would have expected more of a price rise with the wordpress news just like I would have expected a huge move down off of GLBSE closing.
Seems like the market ignores the news for the most part.
well, this is what i was talking about above to EM about how the market is maturing along with the depth. volatility actually decreases with a sound money the more established it becomes. the chart paints a huge multiyear triangulish oscillator with the whipsaws dampening into a consolidation pattern that will break up. i think we've just started that.
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