Topic: Where is the Monday rally? (Read 2581 times)
Some serious volume today. Definitely in teh top 10
Rebecca Black says the rally is on Friday. Friday, Friday.
I just snorted my afternoon coffee through my nose. WP.
Cheers,
Kermee
It became a Tuesday rally
Rebecca Black says the rally is on Friday. Friday, Friday.
I don't care if Mondays black
Tuesday, Wednesday - heart attack
Thursday, never looking back
It's Friday, I'm in love
Hm probably should have bought more yesterday at 7.7....then agin I don't have a lot of money
As of this writing the current worth is 10.5 per
As of this writing the current worth is 10.5 per
Rebecca Black says the rally is on Friday. Friday, Friday.
hahahaha that's the day after thursday.
Fuck both of you guys, now it's going to be stuck in my head all day. And it's not even FRIDAY.
Kickin' in the up tick
Sweatin' out the down tick
Gotta make my mind up
Which trade can I take?
Rallyin’, rallyin’ (Yeah)
Rallyin’, rallyin’ (Yeah)
Gox, gox, gox, gox
Lookin’ forward to the weekend
Rallyin’, rallyin’ (Yeah)
Gox, gox, gox, gox
Lookin’ forward to the weekend
Rebecca Black says the rally is on Friday. Friday, Friday.
hahahaha that's the day after thursday.
Fuck both of you guys, now it's going to be stuck in my head all day. And it's not even FRIDAY.
Rebecca Black says the rally is on Friday. Friday, Friday.
hahahaha that's the day after thursday.
Rebecca Black says the rally is on Friday. Friday, Friday.
It also tends to be more of a Tuesday/Wednesday phenomenon, as that's when the fiat currencies make it into the exchanges.
Yep, for weeks it's been a Tuesday rally pattern. lolz
Can someone please explain wtf is going on out there atm?
kthxbye
Can someone please explain wtf is going on out there atm?
kthxbye
someone just thinks btc is worth more than $7.
FFS $9.75
The moment I get in on the rise / fall stability ride it f**ks off north!
The moment I get in on the rise / fall stability ride it f**ks off north!
lolz
Can someone please explain wtf is going on out there atm?
kthxbye
Can someone please explain wtf is going on out there atm?
kthxbye
people don't have enough patience to keep their money ready for dips.
It also tends to be more of a Tuesday/Wednesday phenomenon, as that's when the fiat currencies make it into the exchanges.
I've been reading this same point on the forums for many weeks now: The price falls on weekends, traders don't have money in their accounts to buy bitcoins therefore need to wait until Tuesday or even later to top up their balance before being able to buy bitcoins. Sometimes this argument is mixed in with complaints about delays with Dwolla.
Problem is, this doesn't make sense. Why not keep money in the exchange ready for the dips? Only reason not to do that would be lack of trust in the exchange, in which case it's not worth trading at all there.
I was actually expecting a price drop today and had buy order in at under $6. I've moved that up a tad but really would like to see it drop just under $6 which should bring a nice bounce back to $8 or higher fairly quickly. I also like seeing those network hash rates drop which it certainly does at the lower prices.
When there's a big drop, there's usually a bounce back the next day or two. But not a "rally"; the bounce only recovers about half of the big drop. The long, slow slide then resumes. This has been the pattern since the bubble burst.
The rally did happen, it high into the $8's, with people putting up bid walls into the $7's. This may not seem like a rally when you expect last month prices, but with the current state of bitcoin, this is a rally for sure. Expect it to hold for a day or so then start dropping again.
It also tends to be more of a Tuesday/Wednesday phenomenon, as that's when the fiat currencies make it into the exchanges.
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