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Topic: Rocket is secretly taking off - page 2. (Read 4969 times)

donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
February 12, 2012, 12:50:02 AM
#45
I think the Challenger is taking off.  I heard zhoutong is at the helm.
Kinda bad taste. Try to pick a tragedy a little older than that.  Undecided
legendary
Activity: 1834
Merit: 1020
February 12, 2012, 12:44:29 AM
#44
I think the Challenger is taking off.  I heard zhoutong is at the helm.
legendary
Activity: 1022
Merit: 1001
February 11, 2012, 08:30:57 PM
#43


 Grin
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
February 10, 2012, 10:32:16 PM
#42
High: 5.99... feels like we're about to go over.

Walls might come down soon, and we'll be in the biggest Bitcoin rally ever.
hero member
Activity: 482
Merit: 500
February 10, 2012, 05:45:22 PM
#41
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed

So, even when you say you are not going to buy "at the current prices", you have buy order set for $5.5. That means, I assume, you are betting that the price won't go below that at any near future if nothing drastic happens. For me that is a sign of bullish market in itself.
Well, I've only got about $50 left in MtGox right now, and I'm hoping we'll get some swings back and forth on the price. If we get a slow but steady drop towards my buy price, I'll drop it down some more. I've had a few occasions where I caught a 10% swing in price three times in less than an hour; sadly, it hasn't ever happened when I had $300 worth of BTC available.
legendary
Activity: 2198
Merit: 1311
February 10, 2012, 04:38:39 PM
#40
Seems like there's lots of posturing going on right now on the order book.
member
Activity: 63
Merit: 10
February 10, 2012, 04:26:37 PM
#39
I sure as hell just bought more.   Grin
full member
Activity: 215
Merit: 100
February 10, 2012, 04:26:03 PM
#38
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed

So, even when you say you are not going to buy "at the current prices", you have buy order set for $5.5. That means, I assume, you are betting that the price won't go below that at any near future if nothing drastic happens. For me that is a sign of bullish market in itself.
hero member
Activity: 482
Merit: 500
February 10, 2012, 04:17:34 PM
#37
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
By "we" I assume you mean "someone else that thinks this is a good idea, and hopefully my posts will be the prod they need"? Because, while I'm quite happy to see BTC prices going up, I sure as hell am not buying into the market at these prices. Thankfully, I've got plenty of Radeon GPUs to mine with, and at the current prices I make ~3x what I spend in electricity from selling the BTC. So far, my speculation attempts have sadly been lacking. I'm not more of a weekly (weakly?) trader, setting my buy/sell limits further apart in hopes of catching the large spikes.

Some look at the charts and say, "Wow, only 40K BTC more and we clear $6.10 and then there's very little resistance!" I on the other hand look at the current charts and think, "Wow, there's a big 40K wall that's only $0.15 away from our current price. If the people who make up that wall decide to sell now, 40K BTC would push us back to $5.50, and might trigger some concern to let it fall further." So, I'll sit back with my buy price of $5.50 and hope it gets filled, and then we'll rebound back up to the current $5.90 range.

/Fingers Crossed
member
Activity: 63
Merit: 10
February 10, 2012, 04:11:22 PM
#36
Rough times ahead, buckle up.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
February 10, 2012, 04:05:27 PM
#35
9650 BTC to $6... let's see whether we can get past this barrier.

14k now

Damn, new 3k BTC wall... but we'll get past it.
member
Activity: 63
Merit: 10
February 10, 2012, 04:04:27 PM
#34
9650 BTC to $6... let's see whether we can get past this barrier.

14k now
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
February 10, 2012, 02:45:54 PM
#33
Quote
9650 BTC to $6... let's see whether we can get past this barrier.

I did my part Smiley
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
February 10, 2012, 01:28:36 AM
#32
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

AND there was no way to short.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
February 09, 2012, 11:57:04 PM
#31
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

MUCH, much less depth.
No fear of giant sells.
Everyone was helping push it. It was sort of a "dollar signs in the eyes" group effort.

I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.

Heh! I remember the $5 swings, and everyone was buying hard.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
February 09, 2012, 11:54:59 PM
#30
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?

Well, back then, there was hardly any ask depth, so the price sort of coasted up.  You could buy 5000 BTC and it would go up 10%.
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
February 09, 2012, 11:51:58 PM
#29
I think it's kind of amazing that it ever got to $30 last june. what was that? CIA money?
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
February 09, 2012, 11:50:30 PM
#28
9650 BTC to $6... let's see whether we can get past this barrier.
hero member
Activity: 532
Merit: 500
February 09, 2012, 11:50:01 PM
#27
SELL  Grin
vip
Activity: 571
Merit: 504
I still <3 u Satoshi
February 09, 2012, 11:49:41 PM
#26
nyyyyuuuuuuuuuuuuu
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