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Topic: Rally!!!!! - page 21. (Read 81262 times)

hero member
Activity: 616
Merit: 502
June 16, 2012, 01:19:07 PM
Operation "rescue bitсoin" completed successfully. Wink

Video of growth. Almost 2 months. Specially recorded for completeness.

http://www.youtube.com/watch?v=RFluHanBCk0&feature=youtu.be
donator
Activity: 2772
Merit: 1019
June 16, 2012, 10:41:31 AM
Oh, so you think that is the reason? I guess it's possible.

All it takes is one rich person investing a part of his wealth into Bitcoin.

That has apparently just happened at least to some extent if you look at what has been going on in Austria.

What is going on in austria?

This?
https://bitcointalksearch.org/topic/the-bitcoincard-vienna-austria-workshop-85832

holy crap, it's real? I must've been living under a rug.
donator
Activity: 2772
Merit: 1019
June 16, 2012, 10:34:54 AM
Also, not wanting to appear too cynical, but don't we all buy with the future point where we sell out(dump) in mind?

I'm seriously planning to spend them (already am, In fact, to a degree), not sell them. By the time I spend my last bitcoin, I'm certain there will be no USD around to dump it for.

Of course, should something devastatingly destructive happen to bitcoin, I will try to be the first to dump, but likely fail at that.
hero member
Activity: 1138
Merit: 523
June 16, 2012, 09:33:53 AM
Oh, so you think that is the reason? I guess it's possible.

All it takes is one rich person investing a part of his wealth into Bitcoin.

That has apparently just happened at least to some extent if you look at what has been going on in Austria.

What is going on in austria?

This?
https://bitcointalksearch.org/topic/the-bitcoincard-vienna-austria-workshop-85832

Have a very careful look at that thread and who's backing/funding Cheesy
hero member
Activity: 812
Merit: 1001
-
June 16, 2012, 09:33:14 AM
just watch how over next few weeks Bitcoin forms so called http://www.thestockbandit.com/cup-handle/ cup and handle pattern with handle around 7$, then explodes up to 15-20$

@Blitz­ clearly, lol

Did we just see that cup+handle?
http://bitcoincharts.com/charts/mtgoxUSD#rg2zig1-minztgSzm1g10zm2g25zv

back to ya

http://bitcoincharts.com/charts/mtgoxUSD#rg180zigDailyztgSzm1g10zm2g25zv

there is no handle just yet
hero member
Activity: 518
Merit: 500
June 16, 2012, 09:32:40 AM
My humble prediction *gasp* *gasp*;
We wont break through 6.60$ before not having fallen back behind 6.40$ (possibly to 6.30$).
*gasp*


PFFF all you want, he called it.

Now I shall use my incredible speKulation powers to bring us back to 6.60$....

DING DING DING DING! 6.60$ reached!
Next stop 6.90$! Everyone aboard!

Wake me up at $10 mate !
riX
sr. member
Activity: 326
Merit: 254
June 16, 2012, 09:31:34 AM
just watch how over next few weeks Bitcoin forms so called http://www.thestockbandit.com/cup-handle/ cup and handle pattern with handle around 7$, then explodes up to 15-20$

@Blitz­ clearly, lol

Did we just see that cup+handle?
http://bitcoincharts.com/charts/mtgoxUSD#rg2zig1-minztgSzm1g10zm2g25zv
legendary
Activity: 1022
Merit: 1000
June 16, 2012, 09:22:25 AM
My humble prediction *gasp* *gasp*;
We wont break through 6.60$ before not having fallen back behind 6.40$ (possibly to 6.30$).
*gasp*


PFFF all you want, he called it.

Now I shall use my incredible speKulation powers to bring us back to 6.60$....

DING DING DING DING! 6.60$ reached!
Next stop 6.90$! Everyone aboard!
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
June 16, 2012, 08:37:20 AM
Wow, look at $6.50.  Someone has a huge ask there.  Grin
Welcome to 8 hours ago Smiley
sr. member
Activity: 373
Merit: 250
June 16, 2012, 08:36:25 AM
Wow, look at $6.50.  Someone has a huge ask there.  Grin
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
June 16, 2012, 07:43:52 AM
Also, not wanting to appear too cynical, but don't we all buy with the future point where we sell out(dump) in mind?
Well, I certainly don't. I also hope that the amount of people in this market who don't, has increased. I'm only interested in selling if I smell a bubble or if I actually need the money. Otherwise I'm happy to keep those bitcoins indefinitely and hopefully spend them directly as much as possible.
hero member
Activity: 496
Merit: 500
June 16, 2012, 07:16:09 AM
Oh, so you think that is the reason? I guess it's possible.

All it takes is one rich person investing a part of his wealth into Bitcoin.

That has apparently just happened at least to some extent if you look at what has been going on in Austria.

What is going on in austria?

This?
https://bitcointalksearch.org/topic/the-bitcoincard-vienna-austria-workshop-85832
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
June 16, 2012, 07:15:23 AM
Well....this just made my day!

Fuck I love bitcoin!

you're the little green guy, you're the little green guy...

it seems to work, do still fell well, no disassiciation.

@vladimir and others: maybe it's a combination of the different things (capital flight, fiat freed by decision to not buy fpga farm, something bitcoinica-related,...)? Or do you guys think this is one person??

I have the feeling this is some sort of "honest" buying in any case, not the kind of buying that has the plan in the back of the head to dump it all again at the next opportunity.


Now just imagine the monotone voice:
http://www.youtube.com/watch?v=p28e2Y4uJFg

With regard to the recent upswing, I'd speculate that anyone currently hedging against global volatility would choose Bitcoin as a high risk pocket change venture. Add to this, it appears that some are quite happy to try and ratchet the upward trend.

It would be nice to think of it as a dollar linked hedge for protecting the value in your Euro assets, but the reality is that anyone currently engaged in Euro flight is not in the mood to speculate in a relatively new technology such as bitcoin. However.....bitcoin is a nice vehicle for trans-Atlantic transfers, so this may be a possibility.

Also, not wanting to appear too cynical, but don't we all buy with the future point where we sell out(dump) in mind?

You could also imagine all this said in the Voice of Rawdog....but that would just kill all my credibility Cheesy
donator
Activity: 2772
Merit: 1019
June 16, 2012, 06:55:55 AM
Oh, so you think that is the reason? I guess it's possible.

All it takes is one rich person investing a part of his wealth into Bitcoin.

That has apparently just happened at least to some extent if you look at what has been going on in Austria.

What is going on in austria?
donator
Activity: 2772
Merit: 1019
June 16, 2012, 06:55:22 AM
Well....this just made my day!

Fuck I love bitcoin!

you're the little green guy, you're the little green guy...

it seems to work, do still fell well, no disassiciation.

@vladimir and others: maybe it's a combination of the different things (capital flight, fiat freed by decision to not buy fpga farm, something bitcoinica-related,...)? Or do you guys think this is one person??

I have the feeling this is some sort of "honest" buying in any case, not the kind of buying that has the plan in the back of the head to dump it all again at the next opportunity.
hero member
Activity: 518
Merit: 500
June 16, 2012, 06:26:11 AM
subbing

this thread rocks !

$10 here we come !!!
hero member
Activity: 1138
Merit: 523
June 16, 2012, 04:59:38 AM
Oh, so you think that is the reason? I guess it's possible.

All it takes is one rich person investing a part of his wealth into Bitcoin.

That has apparently just happened at least to some extent if you look at what has been going on in Austria.
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
June 16, 2012, 04:56:32 AM
Well....this just made my day!

Fuck I love bitcoin!
legendary
Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
June 16, 2012, 04:14:19 AM
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

This might have something to do with this. And this might explain that 25k BTC bid at 6.5$

Someone might just have very reasonably decided to buy some BTC instead of buying 6 THps worth of mining rigs. Think about it.



Well, this is certainly a frightening development. A couple dozen racks of these would literally monopolize the network. Hopefully they don't mostly wind up in malicious hands.
hero member
Activity: 812
Merit: 1001
-
June 16, 2012, 04:06:10 AM
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

This might have something to do with this. And this might explain that 25k BTC bid at 6.5$

Someone might just have very reasonably decided to buy some BTC instead of buying 6 THps worth of mining rigs. Think about it.

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