RALLY! - page 44. | Bitcointalksearch.org

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: cypherdoc on January 11, 2012, 10:09:33 AM

Quote from: StewartJ on January 11, 2012, 09:52:03 AM

Went back in early this morning, after which I turned on Jessi's Magical Bitcoin Alert Tool, and went back under the covers for 3 hours. (hoping not to hear the growl of the bear, but the sound of the bulls!!)

Opened the laptop lid to be pleasantly surprised to find us now at $7.06 and still climbing.

Top of the mornin'! Did you get any sleep with our new Tool?

Yes to some extent. But only because I sold my position before going to bed this evening, as the tool is still being perfected. Woke up super early, bought in again, turned the Alarm tool on and it seems near perfect now, and went back to bed. Happy to see us still on the march upward! How about you?

cypherdoc

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Quote from: StewartJ on January 11, 2012, 09:52:03 AM

Went back in early this morning, after which I turned on Jessi's Magical Bitcoin Alert Tool, and went back under the covers for 3 hours. (hoping not to hear the growl of the bear, but the sound of the bulls!!)

Opened the laptop lid to be pleasantly surprised to find us now at $7.06 and still climbing.

Top of the mornin'! Did you get any sleep with our new Tool?

StewartJ

sr. member

Activity: 392

Merit: 250

Went back in early this morning, after which I turned on Jessi's Magical Bitcoin Alert Tool, and went back under the covers for 3 hours. (hoping not to hear the growl of the bear, but the sound of the bulls!!)

Opened the laptop lid to be pleasantly surprised to find us now at $7.06 and still climbing.

waspoza

hero member

Activity: 602

Merit: 508

Firstbits: 1waspoza

Quote from: NamelessOne on January 11, 2012, 09:09:56 AM

Wow! 7.13!!!

NamelessOne

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Activity: 840

Merit: 1000

Wow! 7.13!!!

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: RyNinDaCleM on January 11, 2012, 09:02:09 AM

Quote from: ?? on ??

ate my peas and got back in, test 7.2 for sure, the order book goes horizontal, this could be it

I'm waiting for $7.2 to get back in (fully). If that's the resistance, I'm pushing there!
Let's see if we can get over this hurdle.

I thank you for doing this!

legitnick

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Merit: 500

Just the tip.

RyNinDaCleM

legendary

Activity: 2408

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Legen -wait for it- dary

Quote from: ?? on ??

ate my peas and got back in, test 7.2 for sure, the order book goes horizontal, this could be it

I'm waiting for $7.2 to get back in (fully). If that's the resistance, I'm pushing there!
Let's see if we can get over this hurdle.

Bigpiggy01

hero member

Activity: 1138

Merit: 523

UP UP UP

ineededausername

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Activity: 784

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bitcoin hundred-aire

And there you see how resilient the price is

Technomage

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Affordable Physical Bitcoins - Denarium.com

Touched $6.95, break of $7 is imminent. Only $45k to go.

Technomage

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Affordable Physical Bitcoins - Denarium.com

The breather is apparently over. We're back in heavy rally mode, $7 about to break very soon for the second time. Hold on to your seats.

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: Cluster2k on January 07, 2012, 06:37:03 AM

Market is taking a breather at the moment.

Someone, go buy or dump a whole lot of bitcoins so that others may follow your cue Cheesy

I like the breather. Time for reflection and ponder the future.

buttcoin

member

Activity: 116

Merit: 10

Quote from: phorensic on January 07, 2012, 12:55:35 AM

Wait, buttcoin is back!? Shocked

I never really left, just not much been interesting lately.

Also, we live like 5 miles from each other, we should hang out some time and ride the go-kart track.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: pirateat40 on January 07, 2012, 01:00:41 AM

As much as the bulls enjoy this extreme rally over the last couple days, I'm sad to say it's not real. The large purchases were made by shorts leveraging to the max and with a steady move upwards a single large purchase caused the well known "Extreme Spread" on Bitcoinica to squeeze our shorts and domino into an all out panic. So, the shorts did what they do best and went short again and this time the bulls had the momentum to keep buying and squeezed them out for a second round.

Like all of you I wish nothing more than a steady move up to the "dreamy" rates where we can all sit back and talk about the good old days when Luke-jr attacked the scam coins and Astana forgetting to log out of his fake accounts. They'll come in time but until then we're going to see a major correction soon when the market goes "Why the hell are we this high so fast.".

Ok, I'm done, who gets the mic next?

-pirate

Okay, say your "fake rally" scenario is true. We will retrace to 4, maybe even 3. People will see that, and think, ah, see, 3 was the proper baseline after all. That would create confidence, and confidence drives the price up.
The bull scenario is: The price is going up.

Either case, the price would go up. To be fair, in your scenario it could then go up to 5, which would make it overbought right now, but not as much as some people think.

Is there a flaw in my reasoning?

Cluster2k

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Activity: 1692

Merit: 1018

Market is taking a breather at the moment.

Someone, go buy or dump a whole lot of bitcoins so that others may follow your cue Cheesy

bitcoinBull

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Activity: 826

Merit: 1001

rippleFanatic

Quote from: pirateat40 on January 07, 2012, 01:00:41 AM

As much as the bulls enjoy this extreme rally over the last couple days, I'm sad to say it's not real. The large purchases were made by shorts leveraging to the max and with a steady move upwards a single large purchase caused the well known "Extreme Spread" on Bitcoinica to squeeze our shorts and domino into an all out panic. So, the shorts did what they do best and went short again and this time the bulls had the momentum to keep buying and squeezed them out for a second round.

I think you're right. Better get short again. Roll Eyes

NamelessOne

legendary

Activity: 840

Merit: 1000

Yes indeed, I think many of those on here are expecting such a correction and it is a good idea to remind people of that. But there are been a steady growth for coming on two months before the crazyness of the last couple days. Things are looking better then they have in a long time.

pirateat40

sr. member

Activity: 378

Merit: 250

"Yes I am a pirate, 200 years too late."

As much as the bulls enjoy this extreme rally over the last couple days, I'm sad to say it's not real. The large purchases were made by shorts leveraging to the max and with a steady move upwards a single large purchase caused the well known "Extreme Spread" on Bitcoinica to squeeze our shorts and domino into an all out panic. So, the shorts did what they do best and went short again and this time the bulls had the momentum to keep buying and squeezed them out for a second round.

Like all of you I wish nothing more than a steady move up to the "dreamy" rates where we can all sit back and talk about the good old days when Luke-jr attacked the scam coins and Astana forgetting to log out of his fake accounts. They'll come in time but until then we're going to see a major correction soon when the market goes "Why the hell are we this high so fast.".

Ok, I'm done, who gets the mic next?

-pirate

phorensic

hero member

Activity: 630

Merit: 500

Wait, buttcoin is back!? Shocked

Topic: RALLY! - page 44. (Read 63121 times)