There's nothing like a decent bit of well-considered speculation argued in an eloquent way.
I guess you're fresh in from the Trollbox?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33682. (Read 26712927 times)
May 17, 2013, 02:48:03 PM
May 17, 2013, 02:42:29 PM
I'm putting my neck on the line here: bottom of $118 top of $144 by the end of the weekend :p
I'm not really a predictor bear in mind, more of a summariser of what's gone before.
I'm not really a predictor bear in mind, more of a summariser of what's gone before.
ballz!
May 17, 2013, 02:41:06 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
I don't know how many people are in it for the short score. I think most buyers are looking long term.
I agree, I think many went long the moment it crossed $120. And more followed when it broke through $125 easily soon after (although we haven't managed to stabilize above it yet). Many see this as a significant trend reversal since the crash from $266 (no more lower highs), the downward trend has been broken and thus we get a positive feedbackloop that reinforces the new trend upwards.
May 17, 2013, 02:39:19 PM
I'm putting my neck on the line here: bottom of $118 top of $144 by the end of the weekend :p
I'm not really a predictor bear in mind, more of a summariser of what's gone before.
I'm not really a predictor bear in mind, more of a summariser of what's gone before.
May 17, 2013, 02:34:37 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
I don't know how many people are in it for the short score. I think most buyers are looking long term.
I'm back in, and I'm not planning on selling any time soon not unless we get massively oversold.
Isn't that where you would be better off buying?
must be a typo
May 17, 2013, 02:33:23 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
I don't know how many people are in it for the short score. I think most buyers are looking long term.
I'm back in, and I'm not planning on selling any time soon not unless we get massively oversold.
Isn't that where you would be better off buying?
May 17, 2013, 02:31:55 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
I don't know how many people are in it for the short score. I think most buyers are looking long term.
I'm back in, and I'm not planning on selling any time soon not unless we get massively oversold.
May 17, 2013, 02:31:26 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
Let the weak hands perish and the strong survive.
May 17, 2013, 02:31:20 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
I think most will try to sell at $125, and most think that it won't go below $120 again, so that's where they are buying.
May 17, 2013, 02:31:00 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
I don't know how many people are in it for the short score. I think most buyers are looking long term.
May 17, 2013, 02:30:22 PM
LOL, 1.5 minutes of laugths
May 17, 2013, 02:27:36 PM
I can imagine that quite a few who bought in around $112 will have their fingers hovering over the trigger right about now. Lets hope most have steady hands.
May 17, 2013, 02:19:41 PM
Feel like a noob for asking - but can someone explain the bid sum/ask sum graph from blockchained.com?
Will
Will
Just ignore Jaroslaw he is the biggest noob of this forum, he is too self-absorbed to pay attention to what it is you're asking. Bid sum/ask sum graph compares the price to the ratio between total bids and asks on the order book. So if there's $22M bids and 110k btc that makes bid sum/ask sum = 200. The red line shows the bid sum/ask sum number and if it's in line with the price (blue line) it means that there's a perfect balance between bids and asks at that particular price. When the red line is higher than the blue line it means that there are relatively a lot of bids on the orderbook and usually that means that the price will rise as well (demand is high).
May 17, 2013, 02:19:22 PM
Please stop quoting Jaroslaw. He is the first idiot I put on ignore here.
you mad ?
now i make some gaimz May 17, 2013, 02:18:55 PM
Feel like a noob for asking - but can someone explain the bid sum/ask sum graph from blockchained.com?
Will
Will
People buying btc because transfering money from mtgox is difficul and after US gov take care on gox everyone want to move to other exchange
I kind of agree with this being the main reason, especially as the price with other exchanges is so off (6-7$/BTC !)
May 17, 2013, 02:14:45 PM
Please stop quoting Jaroslaw. He is the first idiot I put on ignore here.
May 17, 2013, 02:10:55 PM
i'm starting to think we'll be making new all time highs pretty soon.
I hope not. Not yet. please let this be a slow rise!
May 17, 2013, 02:09:33 PM
Hello 125 again!
May 17, 2013, 02:08:46 PM
Feel like a noob for asking - but can someone explain the bid sum/ask sum graph from blockchained.com?
Will
Will
People buying btc because transfering money from mtgox is difficul and after US gov take care on gox everyone want to move to other exchange
May 17, 2013, 02:06:30 PM
Feel like a noob for asking - but can someone explain the bid sum/ask sum graph from blockchained.com?
Will
Will
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