Topic: Nights Watch by Afrikoin - page 175. (Read 303329 times)

yep I think 600 is the target before halving but not sure if this is already the breakout. western exchanges has to sustain above 420$ and china above 2500cny imo. so usd exchanges have to follow china first.
anyway I have opened a long when we went we reached 2500+cny but with stop loss at break even.



yep, well a lot is possible but weekly chart looks bullish, tomorrow starting a new candle and the current one will most likely be green following the bollinger bands which looks like rally mode.
but trading here needs a good entry point.
 

This is also a possibility

Do you see this going up to $550 - $ 650?

because of the cny devaluation, china is already in the upper area, while western exchanges arent as we see in your chart.

Pullback to $ 300?

The One Chart that Tells the True Story of Bitcoin this Year

Read more: http://www.nasdaq.com/article/the-one-chart-that-tells-the-true-story-of-bitcoin-this-year-cm549929#ixzz3tQaGlZ61

"EW may not be the best tool, but then I am not aware of any disciple or approach of TA can give you consistently exact lows and highs well in advance.

My view is that any TA is an attempt to frame the price action to enable trader to predict or anticipate likely future move. In that context EW which do incorporate other forms of tools such as trendlines/ trend channel/ Fibonacci, momentum etc. So I feel it does have some advantages that other forms of TA do not.

With all things, more data always clarify details but often the trade off for that is that some of the move could be over, unless in major directional trend that will last a long time. "

most welcome suda123 and afbitcoins

Interesting!

Always known this but from a different perspective. LIke, if you think hard enough about something, over time, it becomes reality. eg thinking about yourself as a success, over time, the more you do this, you start observing success in your reality - life.

TBH, i have experienced this in my life (after embracing some of alan watts ideas), and while I could not explain scientifically, my intuition confirmed this was what was going on.

Thank you for sharing this!

i am a huge believer ( and learning how to apply this in my daily life) of mind informs reality. YOur thoughts are energy, that somehow connects to reality and influences reality.

Anyway, will read up more on this.

PS: this thread is a long term bull ie Bitcoin and bitcoin the currency will succeed.

This thread is starting to look more like a bullish news thread lately ... anyway Max Planck's quotes are awesome. I believe he has also said that consciousness generates matter and not vice versa and perhaps even that life is not an exception but a rule to this universe.

China Now Part of the Special Drawing Rights (SDR): Bullish For Bitcoin

http://sammantics.com/blog/2015/12/2/china-now-part-of-the-special-drawing-rights-sdr-this-is-bullish-for-bitcoin

Nick Szabo: Bitcoin More Secure Than Gold

http://insidebitcoins.com/news/nick-szabo-bitcoin-more-secure-than-gold/36100

Bitcoin as a Better Reserve Currency

"Due to bitcoin’s superiority over gold in terms of security, Szabo also mentioned that the digital currency may be useful as a reserve currency for banks and governments. He explained:

“Reserve currency — this one [bitcoin] hasn’t been used for yet, but it’s something I envisioned when I was [developing] bit gold and something you could still do with bitcoin. Governments and banks could use [bitcoin] as their reserve currency. When political distrust rises — when wars break out — it’s going to be a lot more secure to be holding cryptocurrency than to be holding gold, especially since a lot of the world’s gold is held and entrusted in the United States anyway.”"

Bitcoin the Currency

Michael Goldstein – May 4, 2015

http://bitstein.org/blog/bitcoin-the-currency/

"A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it". - Max Planck

"Science advances one funeral at a time" - Max Planck.

Interesting that in most comments on this thread (AVC thread) no one talks about the possibility of a financial crisis that drives masses into bitcoin as a safe haven!

Everyone is looking for a killer app for bitcoin, and i often see this possibility as largely ignored - by a lot of technical discussions, or not brought up often.

I guess maybe it is because discussing technical aspects of the Bitcoin blockchain vs other blockchains is based on facts, known with little room for intuition or forecasts. Therefore, technical experts (programming, tech etc) can succinctly discuss the pros and cons of Bitcoin blockchain vs Bank chain.

But, discussing the possibility of a financial crisis that leads to adption of a censorship proof asset is more like throwing darts, because no one really knows the future and most forecasts are probabilities rather than cold hard truths.

What they forget, or is forgotten in these discussions/comments is that there are a lot of smart people on bitcointalk thread looking at the global economy and whether or not it is getting closer to a decisive point ie loss of trust in fiat currency, cashless agenda, overpriced stock markets etc - and they, see this as imminent.

maybe not pinned down to an exact date, but inevitable at some point.

What we need (speculators) is a strong, robust, scalable Bitcoin blockchain netowrk. I believe the rest will follow (loss of trust in Fiat)and at that time, a lot of people will look at bitcoin and want to get in ie buy some.

*END*

agree

Bitcoin Technical Analysis - 23

https://www.youtube.com/watch?v=vjrB1YDJm4Q&feature=youtu.be&a

Are Bitcoin and the Blockchain Joined At The Hip?
AVC
Fred Wilson

Very good comments! Comment sections are a treasure trove

http://avc.com/2015/11/are-bitcoin-and-the-blockchain-joined-at-the-hip/

a16z Podcast: Blockchain vs./and Bitcoin with Adam Ludwin

https://soundcloud.com/a16z/blockchain-bitcoin