Quote from: pheL on February 09, 2014, 02:37:43 PM

Quote from: billyjoeallen on February 09, 2014, 02:27:51 PM

Quote from: pheL on February 09, 2014, 02:24:03 PM

Quote from: threecats on February 09, 2014, 02:18:12 PM

I just don't understand this current upward drift in price. Unless people are bored on Sunday.

Bored and greedy. As this day comes to an end, so will the uptrend.

That's possible, Newbie, but it's also possible that the worm has turned. Every torrent begins with a trickle.

I don't see how people won't just take profit of this ~$40-50 swing when there's nothing backing it up in more than 24 hrs.

They might. I don't have a crystal ball. I just buy when it goes down and sell when it comes up, but I think it's possible that greed on Coinbase trumps fear in China. I tried like hell to buy the bottom, but San Francisco just didn't follow HooBoy. Without knowing the volume at Coinbase, we just don't know.