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Topic: Where is the Monday rally? (Read 2585 times)

full member
Activity: 182
Merit: 100
August 09, 2011, 03:34:17 PM
#22
Some serious volume today.  Definitely in teh top 10
full member
Activity: 154
Merit: 100
August 09, 2011, 03:09:04 PM
#21
Rebecca Black says the rally is on Friday.  Friday, Friday.

I just snorted my afternoon coffee through my nose.  WP.

Cheers,
Kermee
hero member
Activity: 628
Merit: 500
August 09, 2011, 10:06:03 AM
#20
It became a Tuesday rally
sr. member
Activity: 392
Merit: 251
August 09, 2011, 09:58:20 AM
#19
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
full member
Activity: 168
Merit: 100
August 09, 2011, 09:48:50 AM
#18
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
legendary
Activity: 1692
Merit: 1018
August 09, 2011, 08:37:35 AM
#17
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?
hero member
Activity: 812
Merit: 1000
August 09, 2011, 08:30:43 AM
#16
Rallyin’, rallyin’ (Yeah)
Rallyin’, rallyin’ (Yeah)
Gox, gox, gox, gox
Lookin’ forward to the weekend
newbie
Activity: 55
Merit: 0
August 09, 2011, 08:24:32 AM
#15
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.
hero member
Activity: 812
Merit: 1000
August 09, 2011, 07:51:35 AM
#14
Rebecca Black says the rally is on Friday.  Friday, Friday.

hahahaha that's the day after thursday.
legendary
Activity: 1692
Merit: 1018
August 09, 2011, 07:49:50 AM
#13
Rebecca Black says the rally is on Friday.  Friday, Friday.
hero member
Activity: 630
Merit: 500
August 09, 2011, 07:16:38 AM
#12
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.
sr. member
Activity: 345
Merit: 250
August 09, 2011, 06:25:29 AM
#11
lolz

Can someone please explain wtf is going on out there atm?

kthxbye


someone just thinks btc is worth more than $7.
member
Activity: 81
Merit: 10
August 09, 2011, 06:20:04 AM
#10
FFS $9.75

The moment I get in on the rise / fall stability ride it f**ks off north!

 Angry
legendary
Activity: 1022
Merit: 1001
August 09, 2011, 06:17:55 AM
#9
lolz

Can someone please explain wtf is going on out there atm?

kthxbye
legendary
Activity: 2212
Merit: 1008
August 08, 2011, 10:58:00 PM
#8
people don't have enough patience to keep their money ready for dips.
legendary
Activity: 1692
Merit: 1018
August 08, 2011, 09:49:57 PM
#7
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.
full member
Activity: 238
Merit: 100
August 08, 2011, 11:13:10 AM
#6
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.
legendary
Activity: 1204
Merit: 1002
August 08, 2011, 11:02:52 AM
#5


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.
hero member
Activity: 602
Merit: 500
August 08, 2011, 09:55:04 AM
#4
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.
legendary
Activity: 1106
Merit: 1001
August 08, 2011, 09:51:24 AM
#3
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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