Topic: Nights Watch by Afrikoin - page 135. (Read 303329 times)
To choke black money, Modi withdraws old notes, to introduce new Rs 500, Rs 2k notes
http://www.deccanchronicle.com/nation/current-affairs/081116/rs-500-rs-1000-notes-be-illegal-from-midnight-today-narendra-modi.html
http://www.deccanchronicle.com/nation/current-affairs/081116/rs-500-rs-1000-notes-be-illegal-from-midnight-today-narendra-modi.html
Nice thread. Will follow
Me too. Got linked here from lucifs thread.
I entertain the supply shock theory mentioned 2 or 3 posts above myself: it really makes a lot of sense (although the question of timing remains to be answered).
In the silk-road case another factor was surely also in play: a lot of people had been on the sidelines because of bitcoins blackmarket reputation, which was subjectively anihilated by the SR bust. This resulted in a demand increase. The supply-shock of all those coins gone "temporarily inaccessible" sure played a role, but it's much less powerfull than a halfing.
EDIT: sorry to "pollute" this thread with discussion of fundementals. Seems more technical-based and more about "charts", which I love, btw.
Nice thread. Will follow
Glad to see you bullish.
I fear a bearish chart from you
I fear a bearish chart from you
bad timing on that one eh,
This downside move was an impulse and it's broken some important levels. big time sideways should follow, downside risk is higher now
For good measure. Bear case, more down
Bitcoin Gears up to break the all time high
https://bitcoinaverage.com/blog/bitcoin-gears-up-to-break-the-all-time-high
https://bitcoinaverage.com/blog/bitcoin-gears-up-to-break-the-all-time-high
China Said to Study Limiting Outflows Via Bitcoin as Yuan Drops : BBG
Link(s)/source(s)?
What's BBG?
China Prepares To Impose Curbs, "Capital Controls" On Bitcoin
http://www.zerohedge.com/news/2016-11-03/china-prepares-impose-curbs-capital-controls-bitcoin
The impulse had many primary wave extensions which is why it seems it has bottomed on just one sharp fell swoop. Having gone too far none the less I think the bottom very probably in.
We know theres a bottom here because of the triangle. We know abc's retrace at least 62% as a strong guideline. Not to mention that the abc could have been a wave ii of sorts.
We know theres a bottom here because of the triangle. We know abc's retrace at least 62% as a strong guideline. Not to mention that the abc could have been a wave ii of sorts.
Now that this abc is behind us in clarity we can play with the idea that this could be a grand wave iii following a wave ii. Not necessarily but I dont see why this is a lesser count given what is behind us.
I think it means it's from Bloomberg. (Bloomberg Group)
China Said to Study Limiting Outflows Via Bitcoin as Yuan Drops : BBG
Link(s)/source(s)?
What's BBG?
China Said to Study Limiting Outflows Via Bitcoin as Yuan Drops : BBG
I just cannot see a test of $133 USD at this point.
I can see $320/$300/$250. Still too early to call until we hit high
I just cannot see a test of $133 USD at this point.
Danv from 9 months ago
Barry Silbert Reveals 10 Bitcoin Predictions for 2017
1. Bitcoin price on 12/31/2017 will be “higher”
https://news.bitcoin.com/barry-silbert-bitcoin-predictions-2017/
1. Bitcoin price on 12/31/2017 will be “higher”
https://news.bitcoin.com/barry-silbert-bitcoin-predictions-2017/
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