Rally or training for rally? | Bitcointalksearch.org

kehtolo

hero member

Activity: 707

Merit: 500

Quote from: wopwop on November 07, 2013, 04:39:22 AM

This rally is different because you can't actually withdraw real money

In every trade the seller at some point must buy again
Basicly the price of bitcoin will go to infinity or until basicly no one sells bitcoins anymore, at which point no one knows what they will be worth exactly

I love it Cheesy

Thanks MtGox

Who says everyone is on gox?? And as far as i know it's only USD affected on gox.. EUR JPY are okay.

Besides, it IS different now. Last time the pin met the bubble when gox couldn't handle the traffic and people panicked.

There is now more markets, more exchanges and a more distributed spread. Gox is no longer the only show in town.

For this reason alone, this time is different. I saw all time highs being reached on many exchanges today. Where will it stop?? i have absolutely no idea. But it is one helluva fun ride.

wopwop

sr. member

Activity: 252

Merit: 250

This rally is different because you can't actually withdraw real money

In every trade the seller at some point must buy again
Basicly the price of bitcoin will go to infinity or until basicly no one sells bitcoins anymore, at which point no one knows what they will be worth exactly

I love it Cheesy

Thanks MtGox

Jrock

sr. member

Activity: 363

Merit: 250

Quote from: InwardContour on November 07, 2013, 03:38:45 AM

i think we're heading past $500 here. this is a bit scary. glad i bought when i did, too bad i couldn't get in with more.... calling for a deep correction ~ $600-650 mark. Cheesy

Ya going well above 300, now. I feel silly for placing selling orders right under 300. But it's pretty much gambling.

Now I have to decide if i want to buy back in higher or wait for a correction, seems like it's going up, up, up right this moment.

You guys should SELL, SELL, SELL

piramida

legendary

Activity: 1176

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Borsche

I summon four digits by xmas.

InwardContour

sr. member

Activity: 644

Merit: 260

i think we're heading past $500 here. this is a bit scary. glad i bought when i did, too bad i couldn't get in with more.... calling for a deep correction ~ $600-650 mark. Cheesy

Jrock

sr. member

Activity: 363

Merit: 250

Haha I'm impressed, time to drink /highfive for 300 mark. How far will it go? :O

kehtolo

hero member

Activity: 707

Merit: 500

300!! crack open the bottle!

Jrock

sr. member

Activity: 363

Merit: 250

I'm already drunk, 3 am here, this is super entertaining to watch.

I sold at 296, what happens now? Does it crash and I profit or does it fly right past 300 and I /facepalm? Exciting either way

kehtolo

hero member

Activity: 707

Merit: 500

You don't have too long to wait!!

wobber

legendary

Activity: 1064

Merit: 1001

I find this rally very different from the last one in April. Doesn't mean our athlete here, bitcoin, can't be exhausted soon from this one too.

It seems to me that it's like it's training. Periods of sprints alternating with slow pace walks to allow cooldown. Which is pretty awesome for me. But makes me think: Is it training for some 41k(m) marathon soon to happen?

Time will tell. BTW, $300 and I'll get drunk.

Topic: Rally or training for rally? (Read 802 times)