Hey Adam and boys,
whats happening in BTCland?
Saw Gox bit the bullet but didn't expect to see this much carnage.
Someone give me a quick update.
China has been banning Bitcoin for the last four months. Current deadline is 15th April.
Also, every long-term technical indicator is going down: daily 200 sma, weekly 21 ema...
Fundamental indicators? number of transactions has turned south for the first time since December.
The only things holding us are the $400 double (december and february) bottom, that there is not much selling from BIT, and the fact that volume is high though inconspicuous due to exchange market fragmentation.
And eBay now has a category for "virtual currency".
Thanks Pruden, you're a gem.
Doing a quick look at the charts and the 1 week looks scary...in fact they all look scary.
I guess without Gox its a bit more difficult to judge volume although at first glance it looks pretty thin on Stamp.
Double bottom huh....I bet you boys have been having fun with that at least...any excuse for a bit of soft-porn around here.
Ebay has a virtual currency category...WOW...gonna have to check that out...let me guess you can buy ASICs for $$ and as may DOGEcoins as you can fit in your pockets...stunned thats still around.
So many noobs around here though...I guess they are keeping the market a float...I notice alot of very confident predictions the last dozen pages back...those breakouts still working for you boys.
But i notice BobbySue has become a bear...that's hilarious.
