Saturday, 11 June 2011

Skytanic v. Iceburg

24k bitcoin and 10k bitcoin sold on MtGOX, 0930h 11062011 est.
13.99 current bid, 15.00 ask price in USD.
Market correction after heady days and stratospheric gains. Model shows 11(ish) USD could be new settling point.
Orders are stacked like a Mack truck the other side of 12.00 USD ready to push the pendulum hard in a positive direction.
1000h 11062011 est.
19.50 current bid, 19.99 ask price in USD
Vomit comet strikes again!
Market depth regains a normal curve and we await the next big seller as speculators marvel at this beast of a dream. Unleashed, Bitcoin is mighty, powerful magic.

O Tannenbaum, O Tannenbaum, du bist ein edler Zweig! Du grĂ¼nest uns den Winter, die liebe Sommerzeit.
- source: Wikipedia (O Tannenbaum)

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