I prefer this chart, more detail - http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y

Going to be boring here, stop comparing bitcoin to dollar.   3 digit myth was always wrong because its established fact even government is happy to say each dollar declines in value every year so 3 digits was inevitable so long as the btc standard is being used.   Bitcoin is being used and we see 4 digits.   We arent holed below the water line like dollar has with its errant masters

What really would be decent, would be if bitcoin kept a level ratio with gold.   Thats a real sign of quality if all we do is stay level with one of the most globally acknowledged asset bases.   No government will say its money but for a hell of a long time its not lost anything so it pretty much serves that purpose.   Like bitcoin, gold is going to go up as dollar suffers from deficits.    If the only thing we do is stay level then Im happy, no need to be thinking of 3 4 or 5 digits even, doesnt matter only that we maintain a reliable exchange of value.

The whole ounce comparison is arbitrary anyhow.  track it in grams per btc I reckon.


Cant anyone fork any coin they like, its just the support that follows that fork that matters.   Seems BU doesnt have anything that viable?


Anyhow while we obsess on 4 digits or 3, I'd say 1050 is the level to watch for now.  That was my target and the trick is observing well how it reacts.  Finding 1050 as support in the next days would be great.   I will guess we are more sideways then up for now, mostly I hope we deal with weakness before moving on

I agree but Hamilton owes his car quite alot for being favourite.  I dont think he is as dominant as some of the greatest drivers over the years that I can remember, I know he has the race wins on paper but he seems to fall short of his ability somehow    Partly its because of his age that he is probably towards the last section of a career at the very top, but I dont think he really peaked as highly as his early potential showed.  Hopefully he has the focus to stay on track and get another season win this year

They are related in having unknown risks but with the possibility to use judgement to increase the possibility of gaining a profit.   The difference with trading and why its supposed to be superior is there is no limit to the data you might gain on an investment or trading scenario.     There is a limit to the physical ability to judge a roll of a dice, it is effectively random with incalculable odds and of course online its beyond sight but you can still weight the possibles based on previous results and everyone does this consciously or not.

You can apply maths to both trading and gambling but neither will be known exactly, they are not that directly related most of the time except for requiring quick judgement and a good nerve perhaps so there is a skill set overlap

What was the conclusion of Cryptsy wallet analysis, anything interesting turn up ?   Dont the Chinese label all owners of bitcoin related industry as unauthorised or illegal
Luckily I never had DASH on my list of alt coins or I'd be crying right now.  I had mostly BLK and they let me withdraw that in the dying days though it was all the wrong price

Not sure I'd only invest in one.   Then you risk the deposit and the investment at the same time ?  If you weighted the risk to reward that might not be worth it, most people skip that step.   I think spreading it round say 3 or more would be best to avoid the highest risk.  Also if one casino suffers for some reason then others will pick up that business, as you have a percentage of the rivals also you dont lose out as much you might otherwise.   Literally just a single company would be bigger gamble requiring confidence especially, like you say its sometimes an opaque situation.

Is this a one off or regular request for just one page or many?    I got a dozen facebook accounts possibly more, can like and comment with all for cash dollar monies 

Impressive price action, think I saw volume over 20 a few times now.   I wonder if the epic debate with bitcoin limits and possible fork is helping the whole crypto market maybe people look at the alternatives realising its not a 1 horse town.  Just a guess, I do think evolution is inevitable and required for success in the wider world.

Yes correct but it doesnt mean we are bullish or keep that 4 digit.   If it go up and hit that like we bumped our head and fall back down then its bearish and its only confirming itself as such.
But yea I think 1050 is a reasonable target now but I only think bitcoin is doing its usual thing of twisting and turning in an helix spiral pattern rather then anything linear and predictable.    900 is an echo of a longer term uptrend and its had a good reaction to that, we have see it develop in the next week really as its just a point on the weekend with forex not in play

More sideways is still my conviction and we'll see how it deals with each hurdle

Not every gambler does it for the money.  Actually I would argue the majority are playing for the entertainment value.     Gambling or just risk taking in general triggers the fight or flight instinct in humans which is a base response and gives adrenaline and other types of highs when experienced.   Gambling can give a kind of natural high, if you measured heart rate while playing especially during a close game then you will see just by this simple measure people are very involved and occupied in that moment and the game is successful in causing that reaction.

Our desire to 'win' and feel that high is really the strongest motivator.  I think this is why it can attract otherwise secure in their worth individuals who are not challenged by their everyday experiences otherwise, its actually an instinct and gambling is ancient its in appeal

Good rise from 900 but needs a higher low really to progress and confirm it wont just be resuming selling lower.
Found this site from a professional firm commentating on bitcoin, technical and discussion of the possible fork and so on

http://fxdailyreport.com/bitcoin-btcusd-price-technical-analysis-march-24-2017/

Of course forex is only traded week days but seems to be a useful regular source otherwise

People said this ages ago when MtGox went down.  If only it was locked down and all regulated by government, wouldnt that be perfect then.   It would not then be bitcoin really.   The government has already gifted you a virtual digital token currency and its called dollars.     Enjoy that awesome system of exchange if you like overly powerful centralised regulation or in the case of China dictatorship and command economy communism.  

Let bitcoin be more about competitive capitalism which in my life time has not existed in any national currency I've held.   I want to see if this can be a productive enterprise or not, I dont wish for the day government shuts it all down.  I can already see the mess of lopsided politics influencing economies, it appears negative to me.  

Bitcoin needs to be above 900 to maintain the highs of January as a base for further rises.   This roughly matches a 61.8% retracement of year start high to low and could relate to longterm uptrend since summer 2015

 



Seems a bit of direction trying to form here, downwards its attempting to break down some of the prices we built above as support during February's rise.

At the same time, alt coins are going upwards.  Is that normal behaviour in such cases of BTC negativity or that something special this time from the whole 'debate'

He did say people living with their parents.   Not many people in their twenties can afford to buy a house in the area they work in.  Thats the whole point, young people no longer have the ability to earn and take part in the economy similar to their parents and grandparents.    The point would be they have unique insight to the growth potential of bitcoin.

I dont agree with all in either.   When people suggest gold as a counter to FIAT currency, its suggested no more then 10% be held and though its more fitting to take risks when younger and healthier I dont think much more then 10% for bitcoin is that good either.    Have more then one string to your bow

Is it not possible to round off the number slightly, alot of those digits are not amounts costing anything really

I wonder how they know really, is there not enough market depth to make the bets just one of many.    In any case I find arbitrage to require some risk anyway, due to changing circumstances it just seems to go that way for me.

If you want the advice of the worlds greatest ever market speculator.  A man who went from living on the streets to billionaire in a few years, then you buy High and buy Higher not low (buy with the rise) and you know when market mood is waning and when to stop.    That is the best most profitable time to buy, with confidence and strength of a general market move.  

The false economy of waiting for the cheapest price is that it may never come.   And you buy at the time of greatest uncertainity when the market at least thinks a bust is on the cards for that investment instrument.   The hard part of buying into a rise is knowing a strong rise from a bubble that will pop so quick it drops when you sleep.
   The name of the man I refer to lived during the roaring 20's when stocks were still quite new and he went broke in the bust of the 30's (several times bust and rich again) however he was the greatest of any trader at that time and started from zero with leveraged bets in bucket shops, his name is Jesse Lauriston Livermore

I have this with a crypto stock investment site, in theory it was fine but they fixed a large charge to withdraw anything.  In the end I waited too long to pull out because of that charge and the stock went bad.    Best not to rely on just one site I guess (i did break even if i remember right)

If somebody wants to refer me to one of these sites or all of them.  Hopefully I will be able to spread over more then one though I dont have a large amount exactly, Im saving up for something.  Bit of interest on saving would be good though I realise this is with risk, is referral a thing worth doing or maybe not relevant

I keep quite alot of BTC value in proof of stake coins where the transaction processing is done by wallet holders and we all get a cut of the new blocks, roughly in proportion to holdings in the wallet.   Seems alot fairer to me and the transactions are often under a minute which is useful and less time consuming for paying for stuff.   Some might think thats risky but some POS coins have been around years and BTC isnt immune to doubts obviously.    I'm told I get like 5% interest, beats fiat.

Never go all FIAT unless you have to use it all on bills soon.  Saving when they set interest rates below inflation rates is a certain loss

I was just emptying out some old coins from poloniex to my BLK wallet and it literally moved faster then I could put down my phone to check.    So thats much improved from my last experience.   I commented on their forum thread about it being weirdly different to everywhere else and who knows maybe it got fixed, I dont know or havent read about it officially and I didnt extensively test.
  Since I moaned about it, just updating it worked fine for me now


Have you noticed how much BTC mining changed.  Its no longer perfectly distributed around the world by individuals.  It'd be good to see which coin is less biased to one part of the world.  

This argument comes up on other currency standards, Platinum and other metals cannot be used as money due to deposits being too concentrated in certain areas of the world.  Thats the reasoning I read, a standard that falls apart because we dont get on with Russia isnt much use globally then.   If we fall out with China, hows that going to go and its easily possible being they are communist and with ambitions in the South China sea which despite the name belongs to the territory of many other countries in the region

I cant read the original but if this is correct, I dont think its an unreasonable point of view.   A business will protect its revenue, why would we ever believe otherwise.   If he thinks your fork will take away business and income then its not likely you will find support there.

Is bitcoin about capitalism, because thats how it works and maybe that is what determines the fork.   I may have read it wrong, Im still not clear how this will proceed really

Where does the force lie, that is the big question.   The silent majority is full of surprises

Brexit anticipated weakness is already in the price for sterling, certainly cable I think has a fair chance to be neutral to positive this year.  Dollar has its own news and dynamics vs world trade, obviously brexit is stated a reference to the current changes passing in USA for its trade agreements.    
Overall the trend for sterling is negative for some years now, long before Brexit.  Fiscal and trade deficit but vs dollar it may stay quite level.

BTC in CNY I think has held a lower point and is not negative.  I think its showing neutral action and may hold till news effects it further.

Dollar strength has come off some as less rate rises are seen likely.  $1060 and above is more positive action if it can hold that but overall it looks less positive then the CNY charts I see.  It'd be good to see if Dollar index shows weakness does this help the price for bitcoin