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Topic: RALLY! - page 25. (Read 39284 times)

legendary
Activity: 1176
Merit: 1010
Borsche
August 14, 2011, 05:58:46 PM
#69

Yup same here. I was seeing a dump in the long term but this looks like a revival (at least in the short term). Lets hope its not a slow pump and dump...

As soon as we break 14, which is the serious resistance level ahead, there's no stopping it all the way to 30. But I do doubt a first-attempt breakthrough, I think it'll take the next week to break.
legendary
Activity: 1764
Merit: 1015
August 14, 2011, 05:26:36 PM
#68
Do we have to counter it with exuberance of the exact opposite though? I’m bullish, but I like being realistic, and if you put in too much hope in what this conference can achieve for Bitcoin, you might be disappointed.

Though I really don’t see any fundamental that has changed to justify a rally. People still can’t actually utilize Bitcoin itself to store their weatlh because the client is terribly user-unfriendly (where’s wallet.dat, how do I encrypt it, etc.), and we’ve seen what this has done.
I have been reading up on some of the guests that will be attending at this event. Bruce seems to be doing an amazing job on the organizational front, and there seems to be people flying from all over the country(USA) and all over the world to be at this event.

There are big players that will be there to congregate, and all of the concerns that you mentioned above I believe will be discussed in full detail and addressed.

I am excited because there will be many smart people meeting with other people who have the funds to make a difference in this small Internet economy. It is a time for growth and prosperity for all, and while this my all be hard to believe I think we all crave it as human beings.
N12
donator
Activity: 1610
Merit: 1010
August 14, 2011, 05:16:39 PM
#67
Do we have to counter it with exuberance of the exact opposite though? I’m bullish, but I like being realistic, and if you put in too much hope in what this conference can achieve for Bitcoin, you might be disappointed.

Though I really don’t see any fundamental that has changed to justify a rally. People still can’t actually utilize Bitcoin itself to store their weatlh because the client is terribly user-unfriendly (where’s wallet.dat, how do I encrypt it, etc.), and we’ve seen what this has done.
legendary
Activity: 1764
Merit: 1015
August 14, 2011, 05:09:16 PM
#66
[…] since we going to $15 for the conference.
Cool crystal ball you got there.

HAHAHHAHA THIS IS GOING TO BE EPIC !!
Seriously, some Bitcoiners are maniacs.
Some of these bears are depressive egocentric maniacs who dwell on destruction and panic. Let us be happy...
N12
donator
Activity: 1610
Merit: 1010
August 14, 2011, 04:57:54 PM
#65
[…] since we going to $15 for the conference.
Cool crystal ball you got there.

HAHAHHAHA THIS IS GOING TO BE EPIC !!
Seriously, some Bitcoiners are maniacs.
legendary
Activity: 1764
Merit: 1015
August 14, 2011, 04:55:47 PM
#64
Just cleaned out my savings wallet into Mt. Gox and sold the very last of my bitcoins for $11.  I really hope there is a correction before the conference. For the first time in several months, I am completely bitcoinless.  I feel a little sad about it.  Undecided  Glad I stocked up under $8 though.  I'd be happy buying back in at 9.  Lets see some selling people.
Really stupid move for you to sell. You should seriously consider buying back in since we going to $15 for the conference.
hero member
Activity: 616
Merit: 500
August 14, 2011, 04:34:50 PM
#63
^what are you going to do if it goes up to $13... would take forever to get back to 9
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
August 14, 2011, 03:52:12 PM
#62
Just cleaned out my savings wallet into Mt. Gox and sold the very last of my bitcoins for $11.  I really hope there is a correction before the conference. For the first time in several months, I am completely bitcoinless.  I feel a little sad about it.  Undecided  Glad I stocked up under $8 though.  I'd be happy buying back in at 9.  Lets see some selling people.
legendary
Activity: 1022
Merit: 1001
August 14, 2011, 03:39:42 PM
#61
Well, I'm convinced enough to pull my sell orders.  We're overdue, let's have that rally!  Nothing but bulls and clear sailing ahead.  Make me feel smart about betting double or nothing.


Yup same here. I was seeing a dump in the long term but this looks like a revival (at least in the short term). Lets hope its not a slow pump and dump...
full member
Activity: 154
Merit: 100
August 14, 2011, 02:11:09 PM
#60
Well, I'm convinced enough to pull my sell orders.  We're overdue, let's have that rally!  Nothing but bulls and clear sailing ahead.  Make me feel smart about betting double or nothing.
legendary
Activity: 1764
Merit: 1015
August 14, 2011, 02:03:03 PM
#59
HAHAHHAHA THIS IS GOING TO BE EPIC !!
legendary
Activity: 2100
Merit: 1000
August 14, 2011, 01:37:53 PM
#58
There is a very good chance for a rally based on the technical chart pattern. And the decline from the 31.9$ high does not look like a bubble, but rather as a normal correction in a healthy uptrend
legendary
Activity: 826
Merit: 1001
rippleFanatic
August 14, 2011, 10:50:22 AM
#57
11 wall DOWN Cheesy
up up and away

Nice little weekend rally for a change  Grin
newbie
Activity: 26
Merit: 0
August 14, 2011, 10:45:52 AM
#56
11 wall DOWN Cheesy
up up and away
member
Activity: 61
Merit: 10
August 14, 2011, 06:16:42 AM
#55
If we break thru the $12 wall the market above is fairly flat.  If the walls at $10.50, $11 and $12 vanish as soon as they start selling, things could get interesting Smiley
legendary
Activity: 1834
Merit: 1020
August 13, 2011, 03:18:07 PM
#54
well now there is a 12000 strong sell wall from people who bought in while the spike progressed Smiley I think the buyer(s) can have quite a feast there, but it would make sense for them to drive the price down a little to dissolve that wall.

That 12$ wall is probably built by the buyer, a psyop of sorts.


Haha, I just noticed what you wrote under your avatar.  It made me laugh.  Especially if you were screaming it like a very mad Russian as you were typing it.
hero member
Activity: 563
Merit: 501
betwithbtc.com
August 13, 2011, 12:54:47 PM
#53
Apple?

Close.  Amazon.  It was the face of the dotcom (classic) bubble, yet it recovered and took off to new highs.
full member
Activity: 182
Merit: 100
August 13, 2011, 12:40:54 PM
#52
Apple?
hero member
Activity: 563
Merit: 501
betwithbtc.com
August 13, 2011, 12:36:25 PM
#51
Here's another speculative bubble for you....



Oh wait, look at that, the old highs were obliterated and new highs are being made every day.  Any idea what chart this is?
legendary
Activity: 1204
Merit: 1002
August 13, 2011, 12:13:56 PM
#50
Nagle, is there a reason to believe that the pattern that has emerged over the past two months is, in terms of making up one's mind about the next, say, year, more important than the patter that has emerged over the past year, including the past two months?
The pattern for the last year is an absolutely classic speculative bubble.

We're now in the bubble collapse phase. The real question is what the endgame looks like. That's hard to predict.

There's no organization behind Bitcoin, but there is infrastructure that has to be kept going. At some point, the miners and the exchanges, who have ongoing expenses, give it up. So there's a minimum level of activity needed to keep the thing going. It might be rather low, though.
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