News URL : http://bitcoinist.com/zug-swiss-bitcoin-payment-permanent/
Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) - page 92. (Read 259656 times)
December 16, 2016, 02:43:37 PM
December 16, 2016, 02:42:52 PM
December 16, 2016, 02:41:04 PM
December 16, 2016, 02:39:48 PM
I consider this article to be a bit bearish...
The thrust of the article seems to predict that bitcoin peaks below $1000 in the end of January and then experiences a considerable price reversal..
I've read the article and I've the author is neutral brother, he used the Japanese candle stick theory and said we can reach $1,300 but there is possibility we could touch $1,000 and correct for a bit.
As you are experienced and know that correction is a must and healthy for upward movement or RALLY
It should be expected that folks (even bullish or quasi-bullish folks) are going to have various nuances in their opinions regarding resistance points and likely factors that can affect momentum in either direction.
I, personally, don't consider $1,000 to be one of those resistance points that matter as much as some folks make it out to be.. Sure there is a possibility that it ends up being a bigger resistant point than I currently expect, and I am prepared to either change my position or to admit that I was wrong, if it plays out in a way that is inconsistent with my current expectations.
Another thing is that I never really assert that I have any meaningful insight, only that I believe that some scenarios are more plausible than others, and currently, I find the $1,000 resistant scenario to be more of a unsophisticated and unlikely scenario... maybe less than 25% chance of occurring.
So, I personally, will keep to harp on what I believe to be more likely scenarios, even when my portfolio is prepared for a large number of nuances and deviations from more likely scenarios.
I am also of the belief that bitcoin's market cap remains sufficiently low in order that a relatively low level of capital can actually push the market in a way that would have previously been considered an unlikely scenario.. but some whales do happen to have such abilities to employ such unexpected directions from time to time, especially when they can play on momentum or changes in momentum.
The ATH itself is a tough psychological resistance my dear JJG and regarding the resistances in general, it differ from someone to another but in the end, we agree on major headlines like the one I've stated in the beginning of the sentence (I'm lazy, I know
)What I belief is, bitcoin is here to stay, and depending on when you will see this reply (after/before readings today's articles) to will know what I mean
Oh, just look at what my bullish buddy (Julian071) posted, this is one of the news I was going to post.
It is worth it in and of itself to view such a cool map.
As time moves, you will see the map gets darker and darker
nice optimistic interview with a bit of a pro-seg wit twist.
SegWit will get activated, don't worry (just a matter of time)
Quote
There are no official statistics on the number of bitcoin users in the country, but according to the brokerage website Surbitcoin.com – a platform allowing Venezuelans to buy and sell bitcoins in exchange for bolivars – the number of users has increased from 450 in August 2014 to more than 85,000 in November 2016.
News URL: https://www.theguardian.com/technology/2016/dec/16/venezuela-bitcoin-economy-digital-currency-bolivars
Thank you so much my dear bullish friend (Julian071), waiting to see more from you please
December 16, 2016, 02:13:51 PM
Quote
There are no official statistics on the number of bitcoin users in the country, but according to the brokerage website Surbitcoin.com – a platform allowing Venezuelans to buy and sell bitcoins in exchange for bolivars – the number of users has increased from 450 in August 2014 to more than 85,000 in November 2016.
News URL: https://www.theguardian.com/technology/2016/dec/16/venezuela-bitcoin-economy-digital-currency-bolivars
December 15, 2016, 06:47:29 PM
nice optimistic interview with a bit of a pro-seg wit twist.
December 15, 2016, 04:20:24 PM
It is worth it in and of itself to view such a cool map.
December 15, 2016, 04:17:14 PM
I consider this article to be a bit bearish...
The thrust of the article seems to predict that bitcoin peaks below $1000 in the end of January and then experiences a considerable price reversal..
I've read the article and I've the author is neutral brother, he used the Japanese candle stick theory and said we can reach $1,300 but there is possibility we could touch $1,000 and correct for a bit.
As you are experienced and know that correction is a must and healthy for upward movement or RALLY
It should be expected that folks (even bullish or quasi-bullish folks) are going to have various nuances in their opinions regarding resistance points and likely factors that can affect momentum in either direction.
I, personally, don't consider $1,000 to be one of those resistance points that matter as much as some folks make it out to be.. Sure there is a possibility that it ends up being a bigger resistant point than I currently expect, and I am prepared to either change my position or to admit that I was wrong, if it plays out in a way that is inconsistent with my current expectations.
Another thing is that I never really assert that I have any meaningful insight, only that I believe that some scenarios are more plausible than others, and currently, I find the $1,000 resistant scenario to be more of a unsophisticated and unlikely scenario... maybe less than 25% chance of occurring.
So, I personally, will keep to harp on what I believe to be more likely scenarios, even when my portfolio is prepared for a large number of nuances and deviations from more likely scenarios.
I am also of the belief that bitcoin's market cap remains sufficiently low in order that a relatively low level of capital can actually push the market in a way that would have previously been considered an unlikely scenario.. but some whales do happen to have such abilities to employ such unexpected directions from time to time, especially when they can play on momentum or changes in momentum.
December 15, 2016, 03:54:03 PM
December 15, 2016, 03:48:01 PM
December 15, 2016, 03:44:06 PM
December 15, 2016, 03:40:42 PM
December 15, 2016, 03:37:39 PM
December 15, 2016, 03:35:46 PM
India bitcoin conference is popular, BitKan's Sandy is there to introduce the information about China. http://bitkan.com
December 15, 2016, 03:23:53 PM
December 15, 2016, 03:22:42 PM
December 15, 2016, 03:20:52 PM
The system is collapsing. This shows the premium between paper PM prices in the west, and actual physical markets in Shanghai. Note the growing premiums. Arbitrage is pulling what physical metal is left in the west, to the east where prices are higher. (similar Bitcoin action before MtGox collapse)
News URL : http://didthesystemcollapse.com/
December 15, 2016, 03:18:06 PM
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