Topic: Nights Watch by Afrikoin - page 168. (Read 303310 times)
With all due respect, I think the downtrend line is arbitrary. I see weak price development into February based on stochastics but long term, it could do anything.
Based on everything I have read and charts I have looked at, this is my current bias on price trend till June.
A lot of it is due to soft/hardfork limbo
Some of it due to an EW ABC incomplete wave correction
Some part of it due to a support line at $ 150 from May 2014.
Some part of it due to expected USD strengthening
Some part of it due to expected break below $1000 Gold. Generally, i see Gold and bitcoin as benefiting form similar economic events.
I still think we will get a speculative rise in price during/after the halving, but I'm incline to say this time it might be subdues until - soft/hardfork is reolved.
A lot of it is due to soft/hardfork limbo
Some of it due to an EW ABC incomplete wave correction
Some part of it due to a support line at $ 150 from May 2014.
Some part of it due to expected USD strengthening
Some part of it due to expected break below $1000 Gold. Generally, i see Gold and bitcoin as benefiting form similar economic events.
I still think we will get a speculative rise in price during/after the halving, but I'm incline to say this time it might be subdues until - soft/hardfork is reolved.
Bitcoin Technical Analysis - 30
https://www.youtube.com/watch?v=eOCs-AaLVMw&feature=youtu.be
*just skip over George's part to Tone. TOne has some decent forecasts.
Calls for $350, $300 and possible mid $200s.
Tone also calls for Gold to back below $1000
https://www.youtube.com/watch?v=eOCs-AaLVMw&feature=youtu.be
*just skip over George's part to Tone. TOne has some decent forecasts.
Calls for $350, $300 and possible mid $200s.
Tone also calls for Gold to back below $1000
On Mike Hearn, Block Size, and Bitcoin’s Future
http://bitledger.info/on-mike-hearn-block-size-and-bitcoins-future/
http://bitledger.info/on-mike-hearn-block-size-and-bitcoins-future/
Wow look at that drop, straight out the bottom of my pitchfork.
As always zooming out a bit gives a bit of different perspective.
Until I see price conclusively below that lower trendline (currently) at $320 for me bull mode is still on.
As always zooming out a bit gives a bit of different perspective.
Until I see price conclusively below that lower trendline (currently) at $320 for me bull mode is still on.
Bitcoin Is Dead, Long Live Bitcoin
http://avc.com/2016/01/bitcoin-is-dead-long-live-bitcoin/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AVc+%28A+VC%29
http://avc.com/2016/01/bitcoin-is-dead-long-live-bitcoin/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AVc+%28A+VC%29
Mike Hearn makes some good points
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
Reads to me like a baby with a Degree.
"In the span of only about eight months, Bitcoin has gone from being a transparent and open community to one that is dominated by rampant censorship and attacks on bitcoiners by other bitcoiners. This transformation is by far the most appalling thing I have ever seen,"
Lucky boy
Drama queen
Didn't get his XT mwah mwah mwa...
Mike Hearn makes some good points
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
Reads to me like a baby with a Degree.
"In the span of only about eight months, Bitcoin has gone from being a transparent and open community to one that is dominated by rampant censorship and attacks on bitcoiners by other bitcoiners. This transformation is by far the most appalling thing I have ever seen,"
Lucky boy
Drama queen
Mike Hearn makes some good points
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
Reads to me like a baby with a Degree.
"In the span of only about eight months, Bitcoin has gone from being a transparent and open community to one that is dominated by rampant censorship and attacks on bitcoiners by other bitcoiners. This transformation is by far the most appalling thing I have ever seen,"
Lucky boy
Mike Hearn makes some good points
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
Yet his post is full of lies and propaganda The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
For example, his RBF FUD. Looks just in time for a dump.
Mike Hearn makes some good points
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
The resolution of the Bitcoin experiment
https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.amm8ayvz2
Good read this one by Ian Grigg
What (more) did Bitcoin achieve – coalescence of the community into a GFN
http://www.coinscrum.com/2015/12/14/what-more-did-bitcoin-achieve-coalescence-of-the-community-into-a-gfn/
Above article led to this which shed more light. I felt it reinforced the case for Bitcoin
That Sneaky Exponential—
Beyond Metcalfe's Law to the Power of Community Building
by David P. Reed (http://www.reed.com/contactinfo)
"As the scale of interaction grows more global via the Internet, isn't it possible that a combination of social capital and GFN capital will drive prosperity to those who recognize the value of network structures that support free and responsible association for common purposes?"
What (more) did Bitcoin achieve – coalescence of the community into a GFN
http://www.coinscrum.com/2015/12/14/what-more-did-bitcoin-achieve-coalescence-of-the-community-into-a-gfn/
Above article led to this which shed more light. I felt it reinforced the case for Bitcoin
That Sneaky Exponential—
Beyond Metcalfe's Law to the Power of Community Building
by David P. Reed (http://www.reed.com/contactinfo)
"As the scale of interaction grows more global via the Internet, isn't it possible that a combination of social capital and GFN capital will drive prosperity to those who recognize the value of network structures that support free and responsible association for common purposes?"
This piece is titled IMAGINE by afbitcoins
My opinion is no way history repeats itself. THis chart makes assumptions about scalability, risk of hard fork and matters to do with the protocol.
My opinion is no way history repeats itself. THis chart makes assumptions about scalability, risk of hard fork and matters to do with the protocol.
You know what they say, history doesn't repeat but it rhymes.
Nice to see my chart being shared. Its not really a prediction more an illustration of the kinds of numbers we could be dealing with 'if' bitcoin hits bubble territory again. With a financial crisis in the pipeline, who knows what might happen? I'd say these sort of prices are realistic but I wouldn't like to guess how probable.
This piece is titled IMAGINE by afbitcoins
My opinion is no way history repeats itself. THis chart makes assumptions about scalability, risk of hard fork and matters to do with the protocol.
My opinion is no way history repeats itself. THis chart makes assumptions about scalability, risk of hard fork and matters to do with the protocol.
Bitcoin — the ship needs a new captain.
https://medium.com/@adriancole/bitcoin-the-ship-needs-a-new-captain-b285b70aef8d#.i3siivied
https://medium.com/@adriancole/bitcoin-the-ship-needs-a-new-captain-b285b70aef8d#.i3siivied
Bitcoin is decentralized and open source.
WE DONT NEED SOME BILL GATES // BARACK OMAHA
Friggin single point of failure.
Bitcoin — the ship needs a new captain.
https://medium.com/@adriancole/bitcoin-the-ship-needs-a-new-captain-b285b70aef8d#.i3siivied
https://medium.com/@adriancole/bitcoin-the-ship-needs-a-new-captain-b285b70aef8d#.i3siivied
Not sure if you're implying a crash or rally :O
Once again, BTC is moved by the Chinese exchanges, with OKCoin registering a whopping 750K BTC volume on the 4hr break out candle. However, lets zoom in a little:
Seems that 93% of that volume, occurred with Bitcoin still in it's 'rangebound' state, between 2800 CNY and 2830 CNY. Note also, that market structure was bearish on the run up to the break out. Anyone who has traded on the CNY exchanges, will be familar with 500 or so CNY walls, lying +/- 10 CNY of spot, only for a handful of orders for several hundred of BTC to appear and be executed just as quickly, totalling perhaps 3K BTC in volume, but for spot price to stay within a 5 CNY range. When this happens, this is basically 'Front Running' trades, where some trader, or perhaps the exchange itself, sells large sums of Bitcoins to himself, so quickly, that normal traders don't get access to the trade orders. This is what basically happened here. It is called 'Painting the Tape, it is highly manipulative, and also highly illegal in regulated markets'. The charts give the impression of HUGE interest in BTC at the 2800-2830 CNY price range, and the 'bullish breakout' occurs, with around 6% of the total break out volume, accounting for over 75% of the move up.
This market, is basically a bitch to those who are behind the big Chinese exchanges. It is so obviously, manipulated and corrupt, but it don't matter, the USD exchanges follow suit everytime, and real fortunes are won and lost.
Seems that 93% of that volume, occurred with Bitcoin still in it's 'rangebound' state, between 2800 CNY and 2830 CNY. Note also, that market structure was bearish on the run up to the break out. Anyone who has traded on the CNY exchanges, will be familar with 500 or so CNY walls, lying +/- 10 CNY of spot, only for a handful of orders for several hundred of BTC to appear and be executed just as quickly, totalling perhaps 3K BTC in volume, but for spot price to stay within a 5 CNY range. When this happens, this is basically 'Front Running' trades, where some trader, or perhaps the exchange itself, sells large sums of Bitcoins to himself, so quickly, that normal traders don't get access to the trade orders. This is what basically happened here. It is called 'Painting the Tape, it is highly manipulative, and also highly illegal in regulated markets'. The charts give the impression of HUGE interest in BTC at the 2800-2830 CNY price range, and the 'bullish breakout' occurs, with around 6% of the total break out volume, accounting for over 75% of the move up.
This market, is basically a bitch to those who are behind the big Chinese exchanges. It is so obviously, manipulated and corrupt, but it don't matter, the USD exchanges follow suit everytime, and real fortunes are won and lost.
I cannot agree more! This is what my volume indicator caught
Disregard the rest of the fake volume and focus on the red indicator at the bottom. My indicator (BADV) goes positive when there is more buying at market than selling (There are some other calculations in there, but that is the gist). It goes negative when more selling. BADV plummets during the rise, which means there was net selling during that candle. The gray vertical line is just there to show that one bar earlier, BADV was making a peak.
Only in china can the price rise on sell volume.
RBS tells investors: 'Sell everything'
http://www.theage.com.au/business/markets/rbs-tells-investors-sell-everything-20160111-gm3ssa.html
http://www.theage.com.au/business/markets/rbs-tells-investors-sell-everything-20160111-gm3ssa.html
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