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Topic: Rally!!!!! - page 25. (Read 81262 times)

hero member
Activity: 535
Merit: 500
June 15, 2012, 06:12:46 PM
 6.5!
newbie
Activity: 43
Merit: 0
June 15, 2012, 06:11:49 PM
Broke past $6.45 just now  Shocked
legendary
Activity: 2198
Merit: 1311
June 15, 2012, 06:07:46 PM
Be warned.  Once shorting comes back online this thing is going fall back down like a brick.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
June 15, 2012, 06:06:15 PM
good grief,

...

...

WOOOOOHOOOOOOO!!!!!
legendary
Activity: 2198
Merit: 1311
June 15, 2012, 06:04:29 PM
I guess if it is going to close in on 2011 highs (which I seriously doubt, BTW), at least the infrastructure is more robust and, bitcoinica aside, more secure...I hope.  

ATTN: All these other exchanges that are beginning to get more volume, please fucking invest in the security of your platform!  Call the MtGox people and have them help you, if you need to.  Fuck.
hero member
Activity: 742
Merit: 500
June 15, 2012, 06:01:00 PM

This this this this this.  Anyone who wants BTC at $30 or close any time this year should GTFO these forums.
Then to FIFTY!
hero member
Activity: 518
Merit: 500
June 15, 2012, 05:59:20 PM

This this this this this.  Anyone who wants BTC at $30 or close any time this year should GTFO these forums.
legendary
Activity: 2198
Merit: 1311
June 15, 2012, 05:56:57 PM
hero member
Activity: 742
Merit: 500
June 15, 2012, 05:52:59 PM
Back to THIRTY!!!
legendary
Activity: 1036
Merit: 1002
June 15, 2012, 05:50:29 PM
EPIC RALLY!

This is awesome. Can it really be... Bitcoin's recovery? Or is it just a second Echo Bubble?

I really don't know this time. It could be the real deal! Wheeee~!
hero member
Activity: 518
Merit: 500
June 15, 2012, 05:50:09 PM
If my predictions are correct $7 is now approaching FAST.

And if my predictions are correct we are fast approaching taco.

But seriously, please slow down my bitcoin!  We don't need the shadow of another $30 and bust to prove our detractors right.
sr. member
Activity: 373
Merit: 250
June 15, 2012, 05:06:32 PM
If my predictions are correct $7 is now approaching FAST.
legendary
Activity: 1904
Merit: 1002
June 15, 2012, 05:03:32 PM
this thread makes me feel that bitcoin is kind of drug, when the rally comes, people are high here.
Sounds like an accurate description.

@Vladimir
If it was such a no-brainer, then why did it take weeks for the price to rise? Clearly we were in the minority here. Tongue

I disagree with this lending bubble thing because my impression is that the large borrowers/lenders are diversified well enough if they have exposure to pirate, so, in my view, there will be no masses of huge defaults on bitcoin loans for that reason. A few, yes, but nothing huge. It might happen because of an extreme price ramp, though. In contrary, a pirate default might actually be a short term bearish event considering how much of the BTC community seems to be invested. There would be lots of lost trust, just like with the MtGox hack.

If you look at the lending section, it will become apparent that people treat the pirate investment differently, especially when people ask if the other party has any exposure to pirate.

Deleting old posts to stay leet are we?
donator
Activity: 2772
Merit: 1019
June 15, 2012, 03:03:10 PM
I thought as much, I just wasn't sure, ty.

EDIT: HOLLY SHIT BATMAN WALL just appeared at $5.7 of 40k BTC

holy motherfucking shit, y'all! that's really sumth'n.

I can't tell if you are being sarcastic or not, but either way I think 40k BTC is something amazing to witness appear.

to be honest, I wasn't sure myself. I was sincerely astonished as someone obviously having $200.000 on gox. On the other hand I might've well made a sarcastic remark like that about "wall-gasping". So I figured I just leave it stand in ambiguity... it worked Wink
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 15, 2012, 03:01:59 PM
just watch how over next few weeks Bitcoin forms so called http://www.thestockbandit.com/cup-handle/ cup and handle pattern with handle around 7$, then explodes up to 15-20$

@Blitz­ clearly, lol

Not that I really want bitcoin to be that explosive right now, but if you're right than all this buying I've been doing over the past few weeks, and intend to continue doing, will certainly have been worth it.

IMO, we wont "explode", we'll start to rise slower and slower, 8$ could take 2 weeks, 10$ 4 months, 14$ 1 year

but the bull run wont stop their,  with a little luck and a lot of hard work, 1 year later a slow and steady rise to 14$ will be accompanied by new innovations in the bitcoin world ( maybe bitcoincard? maybe a new game that uses bitcoin as its currency? ). Adoption hits critical mass, a new wave of buyers comes into play 14$ / BTC is now REQUIRED to satisfie the number of transactions, speculators predict that demand will only grow, and we get a speculative bubble that's Starts at 14$. The bubble hits 100$ per bitcoin (huge amounts of bitcoins are SOLD), but doesn't POP! it fucking stabilizes!  2 months later the world sees bitcoin as a safe way to store wealth, the game is over, world wide people rush to convert their savings to bitcoin, fait is dead over night, 1 year later all we know of the exchange rate is that 1 Big mac cost 0.000001btc  or 5.74BTC_v2

Cheers!  Cheesy
legendary
Activity: 2198
Merit: 1311
June 15, 2012, 02:36:47 PM
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

Not that I really want bitcoin to be that explosive right now, but if you're right than all this buying I've been doing over the past few weeks, and intend to continue doing, will certainly have been worth it.
hero member
Activity: 812
Merit: 1001
-
June 15, 2012, 02:31:16 PM
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
N12
donator
Activity: 1610
Merit: 1010
June 15, 2012, 02:29:57 PM
this thread makes me feel that bitcoin is kind of drug, when the rally comes, people are high here.
Sounds like an accurate description.

@Vladimir
If it was such a no-brainer, then why did it take weeks for the price to rise? Clearly we were in the minority here. Tongue

I disagree with this lending bubble thing because my impression is that the large borrowers/lenders are diversified well enough if they have exposure to pirate, so, in my view, there will be no masses of huge defaults on bitcoin loans for that reason. A few, yes, but nothing huge. It might happen because of an extreme price ramp, though. In contrary, a pirate default might actually be a short term bearish event considering how much of the BTC community seems to be invested. There would be lots of lost trust, just like with the MtGox hack.

If you look at the lending section, it will become apparent that people treat the pirate investment differently, especially when people ask if the other party has any exposure to pirate.
donator
Activity: 1120
Merit: 1001
June 15, 2012, 02:13:30 PM
this thread makes me feel that bitcoin is kind of drug, when the rally comes, people are high here.
legendary
Activity: 1904
Merit: 1002
June 15, 2012, 02:10:51 PM
maximum pain theory in action
I have been predicting this since it was clear that Bitcoinica had no database backups. It took quite a a while, but it was destined to happen.

Edit: wow, look at my post count. Grin

Quick! No more posts Tongue.
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