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Topic: Rally is starting - page 6. (Read 13476 times)

sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
October 01, 2011, 03:13:14 AM
#49
what rally? Huh
legendary
Activity: 2100
Merit: 1000
October 01, 2011, 02:51:19 AM
#48
I think it will keep going up, but it shot up so fast I think a lot of people just on board the sell bandwagon. Rather then panic buying, people started selling to take advantage of the sudden spike. Hopefully it shall continue its climb, and/or have a less sudden spike like rally.

I attack any spike with sells simply because the spikes do not last.  I'm sure others do the same.  If you know the price isn't going to hold but you can make a tidy profit, you take what you can.

It is normal in a bottom forming process to give many false signals and kick out the weak hands, like you
legendary
Activity: 1692
Merit: 1018
October 01, 2011, 01:03:28 AM
#47
I think it will keep going up, but it shot up so fast I think a lot of people just on board the sell bandwagon. Rather then panic buying, people started selling to take advantage of the sudden spike. Hopefully it shall continue its climb, and/or have a less sudden spike like rally.

I attack any spike with sells simply because the spikes do not last.  I'm sure others do the same.  If you know the price isn't going to hold but you can make a tidy profit, you take what you can.
full member
Activity: 154
Merit: 100
October 01, 2011, 12:51:34 AM
#46
My asks were too high, none of them got taken.   Bulls make money, bears make money, but pigs like me get stuck with bitcoins instead of money.


legendary
Activity: 2198
Merit: 1311
October 01, 2011, 12:50:08 AM
#45
I think it will keep going up, but it shot up so fast I think a lot of people just on board the sell bandwagon. Rather then panic buying, people started selling to take advantage of the sudden spike. Hopefully it shall continue its climb, and/or have a less sudden spike like rally.

And this is why it's going to take a loooooooooooooong time for the price to recover to the previous high, if it ever does.
legendary
Activity: 840
Merit: 1000
September 30, 2011, 11:00:43 PM
#44
I think it will keep going up, but it shot up so fast I think a lot of people just on board the sell bandwagon. Rather then panic buying, people started selling to take advantage of the sudden spike. Hopefully it shall continue its climb, and/or have a less sudden spike like rally.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
September 30, 2011, 10:55:51 PM
#43
This rally better get somewhere... we can't possibly be headed down again Sad
legendary
Activity: 840
Merit: 1000
September 30, 2011, 10:50:12 PM
#42
I think it was quite a few sausages, haha. Now lets continue this slowish climb, or have another rally.
legendary
Activity: 1692
Merit: 1018
September 30, 2011, 09:57:56 PM
#41
The 'rally' let me sell off some bitcoins at a nice profit when some silly sausage decided to spike the price to $5.35.  Well done, sir  Cheesy
hero member
Activity: 630
Merit: 500
September 30, 2011, 05:24:16 PM
#40
It's almost a slow steady rise opposite of the slow steady fall we have been experiencing for weeks.  Sucks, cuz I just went short on Bitcoinica to test it out.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
September 30, 2011, 04:24:30 PM
#39
No legs on this rally so far.
full member
Activity: 126
Merit: 100
September 30, 2011, 02:28:35 PM
#38
The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.

I just said in the post you quoted, that is what I would do.  The real story is likely someone bought in on the dip in the past couple days, and is now waiting for a mini rally to sell them for a nice tidy profit.  Rinse and repeat.  You know, like people usually do with penny stocks?  All this talk of a manipulator trying to keep bitcoin down just reeks of people new to the markets, who need something to blame.  

Well, not exactly - you guarded it with 'if I thought the price had a good chance' - my question is did you see that chance?  This is just me being curious.  I think that 'The Manipulator' meme is entertaining.

Oh of course, you're right.  No I didn't, but I wasn't watching either, I am reading all this after the fact.  Just conjecture on my part!
zby
legendary
Activity: 1594
Merit: 1001
September 30, 2011, 02:20:50 PM
#37
The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.

I just said in the post you quoted, that is what I would do.  The real story is likely someone bought in on the dip in the past couple days, and is now waiting for a mini rally to sell them for a nice tidy profit.  Rinse and repeat.  You know, like people usually do with penny stocks?  All this talk of a manipulator trying to keep bitcoin down just reeks of people new to the markets, who need something to blame.  

Well, not exactly - you guarded it with 'if I thought the price had a good chance' - my question is did you see that chance?  This is just me being curious.  I think that 'The Manipulator' meme is entertaining.
full member
Activity: 126
Merit: 100
September 30, 2011, 02:09:45 PM
#36
The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.

I just said in the post you quoted, that is what I would do.  The real story is likely someone bought in on the dip in the past couple days, and is now waiting for a mini rally to sell them for a nice tidy profit.  Rinse and repeat.  You know, like people usually do with penny stocks?  All this talk of a manipulator trying to keep bitcoin down just reeks of people new to the markets, who need something to blame.  
hero member
Activity: 700
Merit: 500
daytrader/superhero
September 30, 2011, 02:08:38 PM
#35
Where do you guys see these walls? Is there a good visual way to see all open offers?

 from http://bitcoinity.org/markets?theme=light 

circled area is a wall; if you mouse over it on the site, it will tell you how many orders are needed to get past that price

hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
September 30, 2011, 02:00:33 PM
#34
The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.   

He did that many times before... it looks like he DOES NOT want to sell, only wants to keep the price where he wants...

In fact in some nights, a bid wall show up too, and keep the price stuck...

I guess that is done so that when the wealthy person/group/bot/whatever is ready to trade, the market is more or less where it was left.
zby
legendary
Activity: 1594
Merit: 1001
September 30, 2011, 02:00:14 PM
#33
The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.  

But did you see that chance?  In other words would you do that in current (or more precisely recent) circumstances if you had this amount of bitcoins on 5.20?  Just asking.
full member
Activity: 126
Merit: 100
September 30, 2011, 01:57:57 PM
#32
The deleted wall is back, divided in more or less equal parts at every 50 cents.

Just ignore it, I am sure the owner of it will also back off if we bite them.

He saw the price rising faster than expected, so dropped his asks and raised his price a little bit.  It's what i would do if I thought the price had a good chance of going above 5.20.   
full member
Activity: 121
Merit: 100
September 30, 2011, 01:36:12 PM
#31
Looks like [The Manipulator]

Hello, my name is dellusional.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
September 30, 2011, 01:00:24 PM
#30
BTC is back to the price it should be!
I see $7 unless someone cashes in 10k or something.
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