Wow, went from $94 down to 87.85 as I type just on my lunch break, wonder how fast the rebound to 100 will be?
I dunno. But it wasn't in the 80s long enough for me to buy in...
Topic: The last leg to $100 (Read 3523 times)
I dunno. But it wasn't in the 80s long enough for me to buy in...
Wow, went from $94 down to 87.85 as I type just on my lunch break, wonder how fast the rebound to 100 will be?
BTC China already at 625 RMB which is 101USD. Based on these alone my gut is telling me Gox/USD may break past $100 when the americans wake up in a few hours, provided prices at the other exchanges hold steady. At the very least i'm expecting the wall at $95 to fall
do u trade in CNY? if so whats BTC sentiment there?
Exactly, as the percentage changes, the money needed to push in either direction will grow. We could see big fluctuations in USD price that don't mean much in terms of percentage. A 30$ rise or drop will mean far less the higher the price goes.
This, in case anyone didn't realize is why log charts tend to work best. I much prefer them to those max-high, min-low charts which tend to magnify minor fluctuations when things are steady.
I hope 100 holds off a little though. I have things I'd like to do before it gets there
Not inconceivable to see $120 next week and $200 in April. IF we take a breather at $100 it will just last 1-2 weeks and allow for big boys to ship some moar money in the exchanges.
I agree. What's more is that as the price increases overall, price increases in the future will require more $$ movement in order to sustain the same % of growth each day/week/month, etc. So it's conceivable, as well, that someday soon we will be adjusting our bids in increments of $10-20 rather than dimes and quarters as we transition to trading µBTC.
Exactly, as the percentage changes, the money needed to push in either direction will grow. We could see big fluctuations in USD price that don't mean much in terms of percentage. A 30$ rise or drop will mean far less the higher the price goes.
Not inconceivable to see $120 next week and $200 in April. IF we take a breather at $100 it will just last 1-2 weeks and allow for big boys to ship some moar money in the exchanges.
I agree. What's more is that as the price increases overall, price increases in the future will require more $$ movement in order to sustain the same % of growth each day/week/month, etc. So it's conceivable, as well, that someday soon we will be adjusting our bids in increments of $10-20 rather than dimes and quarters as we transition to trading µBTC.
All this media attention and new businesses dealing in bitcoins is helping people understand the true market value of BTC which is $1000's per coin 
Hoooooold! (especially after it hit 100$)
(especially after it hit 100$) 
Yer just get some LTC get it while its cheap
I say we all buy LTC.
This last leg to $100 could be tricky with weekend double dip approaching.
This time I am sure it will not repeat. Everybody I know has sold at least 10-20% in anticipation. This will stop any dip prematurely. If nothing happens, all this money will start buying back about noon Sunday.
Not inconceivable to see $120 next week and $200 in April. IF we take a breather at $100 it will just last 1-2 weeks and allow for big boys to ship some moar money in the exchanges.
I'm out at 98.5, at least until it ticks past 102.
That's probably a good price to get out at for now. Also watching an exit strategy with a trailing stop (now at approx. 89).
I'm out at 98.5, at least until it ticks past 102.
There's a 700BTC wall @ 94.99 on bitstamp that doesn't look like it's going to get pulled anytime soon...
Anyone got a sell offer in?
We just hit 95
This last leg to $100 could be tricky with weekend double dip approaching.
I'm ready for single digits. 0.01 BTC = $1. Proudhon was right all along!
Nah, the single digits we're waiting for is 1 mBTC = $1
I like this post. You know, I've been consistently wrong about bitcoin too. Check my chart prediction. I'm not bullish enough.
My take is still that Gox will not fall today. The shortsellers and easterfreaks are all there, holding the ground at $98.5.
Short sellers?
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