Pretty weak trend right now.
Just wait until China wakes up. US markets look silly compared to them. Btcchina didn't even get close to his neckline. It's ~3 AM there I don't know what you are expecting. I suspect that the next 24 hours will be telling. Thursday we will know the direction of the trading floor sentiment. Up or Down. I vote new ATH $1500 Thursday/Friday. |
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I always use the chart from BTCchina. I found it more reliable.
Ok, here is the chart from China. I can't decide which variant of the neckline is correct there.  I use the one around 6100 yuans ($1000). If it is crossed on the upside with volume, i will start thinking to buy back. blows my mind doubling your coins near 575-620 wasn't enough for you best of luck... the time has come no? We are far from 6100 on BTCchina.   |
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Just hit 1000 on gox.
that was so 5 mins ago. |
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something's happening in China
Indeed. But what could it be? |
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Im in the same position and sold @780, waiting for a price dump back to ~7xx. I hope for the friday or saturday dump like it happened so often in the last 2-3 weeks.
Well , and why should a dump happen this week? Why should a dump that would bring us to 700 happen? Care to elaborate a bit on your scenario? Because he wants to! That is as deep a strategy as 95% bears on this board use. "I sold at $129 to make a profit so current prices are unsustainable, bitcoin should cost $100". I think it is a period in life when small kids start to understand that the whole world is not rotating around them and their wishes; bitcoin can be a cruel teacher at that  This strategy has proven so damn wrong so many times I don't know why people even try it these days. The price of bitcoins is almost always not following the board feeling. One can look at sentiment as the primary driver for price for so long. Anyone who does not look at the other potential factors are limiting the true vision of this technology sector and what benefits it will and can bring to society. Factors such as what it costs to generate a btc or validate and secure the block chain, or the emerging options for the general public to use Bitcoin as a currency, commodity, or securities (EFT). Other proposed uses of the network that we may see in the not so distant future could be for elections and voting, Public registrar of property rights and so on, and even goods trade agreements between continents and agencies. |
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It simply means an ever increasing number of financial institutions worldwide will refuse to take clients that are US persons, and avoid the entire issue. By the way I would not be surprised if many Bitcoin related companies do that by the way. For example both Forex brokers that trade Bitcoin CFDs, AvaTrade and Plus500, do not accept US Persons as clients.
It only makes business sense with the other world markets now opening up. If the costs are great to administer vs the value the client may have given. However bassed on the request that all businesses and governments world wide be responsible to the success of this emerging technology sector Recommendations made before the senate concerning cryto-currency and how not to make drastic policies that would take it "off our shores" and our of our reach. |
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beside the point I gamble "my life" in this market so my fears may be magnified
Indeed take care to not be over invested. |
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[…]
0 confirmation transactions work fine! The risk of a double spend is extremely low for low value transactions. For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA.
Getting tired of noobs thinking they know anything . . .
the noobs are numerous we must be patient and teach them how things work in bitcoin land. been mining since May 2011. not sure that would be considered a noob. Yes bitcoin is way too slow for everyday transactions. But some people didn't notice because they don't use it, they stick it in a paper wallet under their bed and that's it. I've thought this too, and then I thought what tHash thought. Will people really go through the hassle of trying to double-spend transactions worth a couple of dollars, or even hundreds? I have no idea how feasible that is; I assume none of the standard clients will allow it. (My own service works on 0 confirmations, but will revert the subscription if it doesn't get the confirmations. Should be a viable route for many services, I guess – but of course not all.) I know this is off topic, but there's not much on-topic to say at the moment, is there? Except perhaps… do you think any of the people who sold at 1000–1200 have cashed out any considerable portion? Or is pretty much all the money still in the exchanges? I'm assuming the latter, in which case things could go really fast after 1000 is broken, right? For online shopping and things like that, the speed is allright. But for direct purchases in "real life" way too slow. I have had 3 double spend so far. With people who you don't know. Wait for 6 confermations beforehand. |
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I agree
We could do with a rest bit from doom and gloomers at the moment. However many are still buying btc and hardware to mine. Dispite all the new competition KNC is on the verge of being sold out of their 2nd batch of 1200 units down to under 300 units. People’s actions speek volumes. |
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If "they" succeed in their FUD campaign, then be ready to pick up cheep coins.
Most I hope have begun to see the obvious attempt by many "bears" to get cheep coins.
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I actually woke up to see the exact same price i saw before going to sleep. BTC is not what it used to be
Yes I too enjoy the volatility but to a point  |
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When it gets back to $2 I'll call it a crash.
If it gets ever gets to $2, i'm buying in large!  I suspect that is what the OP hope ultimatly is... To get coins on the cheep. |
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I prefer Indiegogo over Kickstarter, but there is always Bitcoinstarter, too.
Any options that are in parallel with the open nature of crowd funding with BTC is indeed a welcomed event. |
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android gonna ban it to.
Your comment shows that you know little about the Android platform. |
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I realize that this stance was taken over 2 years ago. Yet their inflexability with adopting new tech being used by many will undermine their continued success. NFC anyone? Apple has lost touch with the future needs of its existing user base. If steps are not taken they may risk becomming irrelevant and loosing existing marketshare nevermind increasing user adoption of their platform. Yes I am saying they can still inovate however denial of the obvious lack of market and user innovation will lead them down a path similar to BB that was previously not even imaginable. |
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