Author

Topic: Whats with the $19 barrier (Read 4048 times)

legendary
Activity: 2100
Merit: 1000
June 08, 2011, 02:35:30 PM
#32
What 19$ barrier?

Back to the question about the 19$ mark: Now it will act as support for when a correction is underway.
hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
June 08, 2011, 10:08:39 AM
#31
All I can say guys is %@&! me! The price is now the equivalent of $32 on my fav exchange!

What 19$ barrier?
Unrelated, but do you have a bigger resolution version of your avatar?

Yeh his avatar is pretty groovy, think I might have to create a few for myself lol
full member
Activity: 136
Merit: 100
June 08, 2011, 09:11:57 AM
#30
What 19$ barrier?
Unrelated, but do you have a bigger resolution version of your avatar?
newbie
Activity: 4
Merit: 0
June 08, 2011, 06:09:35 AM
#29
It´s a small market. If there is anyone who understand how this currency are working and has a little money can buy this market easily... It´s a big point wtf makes me angry.
newbie
Activity: 9
Merit: 0
June 08, 2011, 05:46:01 AM
#28
I don't see the price slowing at all until the $40 mark. It'll have a little snooze, and then be up and away again.
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
June 08, 2011, 03:51:01 AM
#27
OMG We broke the barrier faster than I can reply.
hero member
Activity: 630
Merit: 500
June 07, 2011, 09:17:01 PM
#26
Hehehe, how fast we move...
full member
Activity: 141
Merit: 100
June 07, 2011, 08:45:32 PM
#25
hint: price manipulation
Today's rally was 100% because of the weekend funds arriving from Dwolla.

I hear they arrive in batches. Anyone want to tell me when the next batch will show up?
member
Activity: 109
Merit: 11
June 07, 2011, 08:19:50 PM
#24
What 19$ barrier?
legendary
Activity: 1204
Merit: 1015
June 07, 2011, 07:59:15 PM
#23
hint: price manipulation
Today's rally was 100% because of the weekend funds arriving from Dwolla.
newbie
Activity: 23
Merit: 0
June 07, 2011, 07:49:36 PM
#22
hint: price manipulation
hero member
Activity: 742
Merit: 500
June 07, 2011, 07:48:39 PM
#21
I blinked and it went from 20 to 21.5
You mean 24?  Grin
member
Activity: 70
Merit: 10
June 07, 2011, 07:15:24 PM
#20
What barrier?  Grin
sr. member
Activity: 500
Merit: 253
June 07, 2011, 07:10:59 PM
#19
I blinked and it went from 20 to 21.5
full member
Activity: 126
Merit: 100
June 07, 2011, 07:00:02 PM
#18
Up, up, and away we go!
legendary
Activity: 1120
Merit: 1003
June 07, 2011, 06:57:24 PM
#17
It'll crack $20 today - bet on it.

 Wink
legendary
Activity: 1806
Merit: 1003
June 07, 2011, 06:54:56 PM
#16
it has broken $20
legendary
Activity: 2100
Merit: 1000
member
Activity: 70
Merit: 10
June 07, 2011, 03:25:51 PM
#14
http://mtgoxlive.bco.in/orders

Why isnt the value going over $19, there seems to be a weird invisible barrier, and this I think is counter arguing the thoughts of some that itll hit $100 soon... it cant even hit $20!

$19.25 right now.

*CRACK*
newbie
Activity: 10
Merit: 0
June 07, 2011, 03:14:28 PM
#13
http://mtgoxlive.bco.in/orders

Why isnt the value going over $19, there seems to be a weird invisible barrier, and this I think is counter arguing the thoughts of some that itll hit $100 soon... it cant even hit $20!

$19.25 right now.
sr. member
Activity: 252
Merit: 251
June 07, 2011, 03:10:17 PM
#12
It already was 19.23 three days ago. Went down though.
full member
Activity: 126
Merit: 100
June 07, 2011, 03:00:25 PM
#11
A correction is a good thing for people who want to buy bitcoins.

Of course. I long for a 0.00001$/btc temporal correction.
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 07, 2011, 02:51:31 PM
#10
It's very simple. There are so many asks (people who ask for 19$/btc) that we just haven't surpassed that barrier.  Today there's not so much movement as yesterday (1M$ yesterday, today it will be less than 400k), but btc buyers keep buying at around 19.

So the market is bullish, but there are too many sellers for not enough buyers to rise price.

Why is that bullish? What could we fear from that? Why is a correction a good thing?

Bullish means that price tries to rise (and with enough buyers, it will eventually rise). A correction is only a good thing if bitcoins are overvalued (I don't think they are).

A correction is a good thing for people who want to buy bitcoins.
full member
Activity: 126
Merit: 100
June 07, 2011, 02:17:25 PM
#9
It's very simple. There are so many asks (people who ask for 19$/btc) that we just haven't surpassed that barrier.  Today there's not so much movement as yesterday (1M$ yesterday, today it will be less than 400k), but btc buyers keep buying at around 19.

So the market is bullish, but there are too many sellers for not enough buyers to rise price.

Why is that bullish? What could we fear from that? Why is a correction a good thing?

Bullish means that price tries to rise (and with enough buyers, it will eventually rise). A correction is only a good thing if bitcoins are overvalued (I don't think they are).
sr. member
Activity: 428
Merit: 254
June 07, 2011, 02:13:37 PM
#8
Im not very good at short time trading, but if it stays around $18-$19 and does not correct more it will be a very bullish sign.

Why is that bullish? What could we fear from that? Why is a correction a good thing?
legendary
Activity: 1120
Merit: 1003
June 07, 2011, 02:08:18 PM
#7
There's always a sell off after a huge run up like the one we had to start the month. The fact the price didn't go back down to $15 shows that there were a whole bunch of new buyers - very bullish indeed.

It'll crack $20 today - bet on it.
legendary
Activity: 1148
Merit: 1001
Radix-The Decentralized Finance Protocol
June 07, 2011, 01:31:47 PM
#6
Yeah I thought so too, im a bit of a quote whore lol!

I need the price to go up as I need to pay off my $7500 server thats coming this week lol

If you are not willing to loose money dont invest it. After the absolutely abnormal rise of bitcoins this last two weeks its more than normal that the price is not going up for a while. Im actually very surprised that it has not gone down to $15 or so. It would be a normal correction. Im not very good at short time trading, but if it stays around $18-$19 and does not correct more it will be a very bullish sign.
full member
Activity: 176
Merit: 106
XMR = BTC in 2010. Rise chikun.
June 07, 2011, 01:31:31 PM
#5
Things take time you know.  This is the first actual free market, so let's see how the market reacts.  Who knows, maybe we'll drop back to earth at like $13 to $15 or something, and you can buy some cheapies Smiley
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 07, 2011, 01:30:18 PM
#4
The price has skyrocketed within the past few months, prior to that it usually grew at a much slower rate. I wouldn't be surprised if it slows down again really soon.

hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
June 07, 2011, 01:28:46 PM
#3
yeah.  irritating, innit it?  oh well - patience.  spend some bitcoin.

love the edison quote, BTW.

Yeah I thought so too, im a bit of a quote whore lol!

I need the price to go up as I need to pay off my $7500 server thats coming this week lol
full member
Activity: 126
Merit: 100
June 07, 2011, 01:27:06 PM
#2
yeah.  irritating, innit it?  oh well - patience.  spend some bitcoin.

love the edison quote, BTW.
hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
June 07, 2011, 01:25:19 PM
#1
http://mtgoxlive.bco.in/orders

Why isnt the value going over $19, there seems to be a weird invisible barrier, and this I think is counter arguing the thoughts of some that itll hit $100 soon... it cant even hit $20!
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