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Topic: RALLY! - page 40. (Read 63121 times)

legendary
Activity: 2198
Merit: 1311
January 15, 2012, 02:10:23 PM
$1.24 million in bids now.

Is that with the bid walls that just spiked dramatically in the last 5 mins ?

I'm not seeing them.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
January 15, 2012, 02:09:15 PM
$1.24 million in bids now.

Is that with the bid walls that just spiked dramatically in the last 5 mins ?
legendary
Activity: 2198
Merit: 1311
January 15, 2012, 01:59:39 PM
$1.24 million in bids now.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
January 15, 2012, 01:46:11 PM
where the slope to $8.00 is smooth?

I fell out of my chair...

OK, maybe not then...

It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like.

As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30.           

Now the 7.2 $ resistance is down to only 24 k BTC = 150 k $, not that much anymore...


I guess this means we are going above 7.20 in all likelihood then. We just need one big buy and we will be on our way to $8.


It will be more than one big buy, it will be several big buys that are going to happen.. Get a comfortable seat ready, its going to be interesting.. Smiley
hero member
Activity: 560
Merit: 500
January 15, 2012, 01:36:41 PM
where the slope to $8.00 is smooth?

I fell out of my chair...

OK, maybe not then...

It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like.

As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30.           

Now the 7.2 $ resistance is down to only 24 k BTC = 150 k $, not that much anymore...


I guess this means we are going above 7.20 in all likelihood then. We just need one big buy and we will be on our way to $8.
legendary
Activity: 2100
Merit: 1000
January 15, 2012, 01:26:18 PM
where the slope to $8.00 is smooth?

I fell out of my chair...

OK, maybe not then...

It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like.

As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30.           

Now the 7.2 $ resistance is down to only 24 k BTC = 150 k $, not that much anymore...
hero member
Activity: 602
Merit: 508
Firstbits: 1waspoza
January 15, 2012, 06:42:14 AM
Bubble?  Present rally is like watching grass grow.

True, its hard to get the price up lately. Whats encouraging tho, price also aint dropping so easily nowadays. Did the dumpers already dumped all they had?
legendary
Activity: 1904
Merit: 1002
January 15, 2012, 06:03:07 AM
What time UTC does it air?

2AM on the 16th.
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
January 15, 2012, 05:59:42 AM
What time UTC does it air?
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
January 15, 2012, 05:53:42 AM
Today is the day. The orderbook is showing massive support and weakening resistance. We will at least test $7.2. Also the Good Wife episode airs today so it's a big day.
newbie
Activity: 39
Merit: 0
January 15, 2012, 03:13:24 AM
It will surely cross 7, but not sure what will happen after that...  Huh
legendary
Activity: 1050
Merit: 1000
January 15, 2012, 02:41:39 AM
new wave is on the way

7 will be gone soon. resistance is getting weak now
legendary
Activity: 826
Merit: 1001
rippleFanatic
January 15, 2012, 01:53:31 AM
WE'RE GOING TO DESTROY $7 LETS GO LETS GO LETS GO!

$.25 TO GO, LETS TAKE THESE WALLS DOWN!


Patience.


This rally is the slowest bitcoin rally I've ever had the privilege to witness.  Live-action slow motion.

It's a bubble! Bail!

Bubble?  Present rally is like watching grass grow.

The mid-term trend may be gaining steam or losing it.  Difficult market; hard to call.
legendary
Activity: 1904
Merit: 1002
January 15, 2012, 01:45:13 AM
WE'RE GOING TO DESTROY $7 LETS GO LETS GO LETS GO!

$.25 TO GO, LETS TAKE THESE WALLS DOWN!


Patience.


This rally is the slowest bitcoin rally I've ever had the privilege to witness.  Live-action slow motion.

It's a bubble! Bail!
legendary
Activity: 826
Merit: 1001
rippleFanatic
January 15, 2012, 01:40:32 AM
WE'RE GOING TO DESTROY $7 LETS GO LETS GO LETS GO!

$.25 TO GO, LETS TAKE THESE WALLS DOWN!


Patience.


This rally is the slowest bitcoin rally I've ever had the privilege to witness.  Live-action slow motion.
sr. member
Activity: 392
Merit: 250
January 15, 2012, 01:34:21 AM
where the slope to $8.00 is smooth?

I fell out of my chair...

OK, maybe not then...

It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like.

As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30.           

This certainly explains the look of the charts for the last 2 weeks, with run-ups to near $7.20 and then the inevitable smack downs.
legendary
Activity: 1246
Merit: 1077
January 15, 2012, 01:13:57 AM
The MACD crossed. It has done that many, many times in Bitcoin's short history. What does it mean? Nothing significant, I would say. Just noise.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
January 15, 2012, 01:09:11 AM
legendary
Activity: 1011
Merit: 1006
January 15, 2012, 12:54:07 AM


Why do you think so?
sr. member
Activity: 392
Merit: 250
January 14, 2012, 10:59:45 PM
where the slope to $8.00 is smooth?

I fell out of my chair...

OK, maybe not then...

It's just that so much will change before we get even close to that. The real resistance between here and even up to $7.30 is pretty strong. It is not the kind of thing that moves without some big buys coming through, and when that happens all hell breaks loose. We are not going to creep up on it all quiet like.

As a matter of fact, if I were a large investor/trader looking to increase my position on BTC now would be a good time to do it because you can buy a lot without moving the price much. Right now it is looking to me that it could take some $800,000 to break $7.30.           

Good safety tip. thanks!
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