Topic: Over $130 - a 7-day high, big hurdle just jumped (Read 2186 times)
"for good" = English idiom, meaning 'permanently'. So somebody "being out for good", is one who is not coming back.
When i hold bitcoins im bull :>
When i want buy bitcoins im bear
When i want buy bitcoins im bear
Ah, way better.
Note to the newbies: all bears in the forum want to buy back cheaper. If they were out for good, they would not waste their time here with no prospect of material gain. Simple logic.
The more bears, the better. When all turn to bulls, they are already content with their holdings, and the continued price appreciation rests on the new entrants. This may go on loger than most expect, but will eventually go to bubble territory, and further crash.
Note to the newbies: all bears in the forum want to buy back cheaper. If they were out for good, they would not waste their time here with no prospect of material gain. Simple logic.
The more bears, the better. When all turn to bulls, they are already content with their holdings, and the continued price appreciation rests on the new entrants. This may go on loger than most expect, but will eventually go to bubble territory, and further crash.
Not a bear, thanks. Nobody is out for "good," everybody is out for themselves, bulls and bears both. That said I find the best way of convincing people to follow you is to be honest about your positions and explain yourself well. A select few 'tards will actually think they can manipulate public opinion. They can't.
In 2011 it took 5 months for the capitulation to be consummated.
In 2013, it took 5 days.
In 2013, it took 5 days.
Two words: Bull Trap.
I'm just sayin'.
And in case you want to back your sayin's with cold, hard cash, I am still writing $32 and $50 puts for the rest of 2013.
Especially as the prices are waay cheaper now than last Tuesday when I introduced them.
No, I'm back in, despite my misgivings. Seeing BTC on the news, not in a sensational story, not in any kind of story at all, just presented along with all the normal financial instruments and charts, was a jolt. Millions of Aussies just saw something they don't understand with a 25% gain sign next to it. I'm not betting against that... I just like to be cautious, play devils' advocate from time to time.
Ah, way better.
Note to the newbies: all bears in the forum want to buy back cheaper. If they were out for good, they would not waste their time here with no prospect of material gain. Simple logic.
The more bears, the better. When all turn to bulls, they are already content with their holdings, and the continued price appreciation rests on the new entrants. This may go on loger than most expect, but will eventually go to bubble territory, and further crash.
In 2011 it took 5 months for the capitulation to be consummated.
In 2013, it took 5 days.
In 2013, it took 5 days.
Two words: Bull Trap.
I'm just sayin'.
And in case you want to back your sayin's with cold, hard cash, I am still writing $32 and $50 puts for the rest of 2013.
Especially as the prices are waay cheaper now than last Tuesday when I introduced them.
No, I'm back in, despite my misgivings. Seeing BTC on the news, not in a sensational story, not in any kind of story at all, just presented along with all the normal financial instruments and charts, was a jolt. Millions of Aussies just saw something they don't understand with a 25% gain sign next to it. I'm not betting against that... I just like to be cautious, play devils' advocate from time to time.
In 2011 it took 5 months for the capitulation to be consummated.
In 2013, it took 5 days.
In 2013, it took 5 days.
Two words: Bull Trap.
I'm just sayin'.
And in case you want to back your sayin's with cold, hard cash, I am still writing $32 and $50 puts for the rest of 2013.
Especially as the prices are waay cheaper now than last Tuesday when I introduced them.
In 2011 it took 5 months for the capitulation to be consummated.
In 2013, it took 5 days.
In 2013, it took 5 days.
Two words: Bull Trap.
I'm just sayin'.
In 2011 it took 5 months for the capitulation to be consummated.
In 2013, it took 5 days.
In 2011-2013 it took 16 months until we reached the pre-peak ATH.
Profit.
In 2013, it took 5 days.
In 2011-2013 it took 16 months until we reached the pre-peak ATH.
Profit.
Do I have to explain the relevance of that that barrier being broken at the first time of asking?
There's more to the price than the last sale
There's more to the price than the last sale
And $110
Boom..
Boom..
But straight up would be boring
We know about the resistance past the 7-day high now!
We know about the resistance past the 7-day high now!
And back we go into the 120's.
I lub you Bitcoins
I lub you Bitcoins
Ist amazing to see how much confidece there if these prices so shortly after the last dumps. Is that a good sign ?
Hell yes. We will slow down once we approach the all-time high again and probably have a bit of a battle to go over $250 again but short-term bullish indicators abound.
135 just taken down
It's already 132 and goxlag is 30 seconds. PRICE EXPLOSION omg just hit 133 seconds ago as I type this.. omg.. 134... its moving FAST
Fortunately anything under 2 minutes doesn't seem to have an impact on the price. 5-10 mins of lag is when we start seeing the 'lag selling' kick in I find. Gox seems to notice that also and did a 10-15 minute cooldown the last two times it hit 10mins of lag. 
Ist amazing to see how much confidece there if these prices so shortly after the last dumps. Is that a good sign ?
It's already 132 and goxlag is 30 seconds. PRICE EXPLOSION omg just hit 133 seconds ago as I type this.. omg.. 134... its moving FAST
That would be incredible if all this was simply catching up with that trendline, hahaha 
Quite hilarious actually
130 sell wall has been obliterated!
The floodgates of bids have opened, to 150 and beyond we go
The floodgates of bids have opened, to 150 and beyond we go
That would be incredible if all this was simply catching up with that trendline, hahaha
Jump to: