320 USD also equals 2000 CNY
It really seems China is calling the shots. Good. This should be explosive, like some dynamite Sichuan dish.
Topic: Nov. 6th will be interesting (Read 1443 times)
It really seems China is calling the shots. Good. This should be explosive, like some dynamite Sichuan dish.
320 USD also equals 2000 CNY
So, new ATH is in place and no massive movements so far. If tomorrow will rest at ~260, I bet it will go to 320 in no time. My only fear is that it will go too fast and then pop.
I tend to agree. Why 320 though?
I find a top at 300 to be very unlikely, too close of 266 or 272. I just made it out, but it could be 340-360. I am not sure we can go to 400 soon.
So, new ATH is in place and no massive movements so far. If tomorrow will rest at ~260, I bet it will go to 320 in no time. My only fear is that it will go too fast and then pop.
I tend to agree. Why 320 though?
So, new ATH is in place and no massive movements so far. If tomorrow will rest at ~260, I bet it will go to 320 in no time. My only fear is that it will go too fast and then pop.
Or if no crash today, it will spike at $300.
The 7th November might be even more interesting, if we reach the peak today and then crash very hard. 
Tomorrow (today for most of you) will be interesting.
For two straight days tremendous amounts of money have hit the market around 8-10am EST. Along with it, the market has climbed over $45 in those two days.
Now we reached an ATH on Gox but not in China and not on Bitstamp.
I doubt quite as much money will hit the market on Wednesday, although I could be wrong. I also suspect that for a lot of on the fence sellers the fact that we hit the ATH on Gox is enough to sell if prompted.
That being said, I find it hard not to believe that Bitstamp will not test the ATH ($259) if fresh money hits the exchanges.
It will be real interesting to see if we have a decent correction, if we break through to blue skies or if we trade in a tight range on Nov. 6th. I am curious to see what happens.
For two straight days tremendous amounts of money have hit the market around 8-10am EST. Along with it, the market has climbed over $45 in those two days.
Now we reached an ATH on Gox but not in China and not on Bitstamp.
I doubt quite as much money will hit the market on Wednesday, although I could be wrong. I also suspect that for a lot of on the fence sellers the fact that we hit the ATH on Gox is enough to sell if prompted.
That being said, I find it hard not to believe that Bitstamp will not test the ATH ($259) if fresh money hits the exchanges.
It will be real interesting to see if we have a decent correction, if we break through to blue skies or if we trade in a tight range on Nov. 6th. I am curious to see what happens.
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