Nice dream but free markets dont work that way.
In the same way US exporters could dream that the USD/EUR, USD/JPY, etc. exchange rates would be stable to plan properly.
Instead, hedging is needed for merchants and traders.
The same is true for bitcoin.
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there are some valid points here.
However , our analysis shows that we have already seen some capitulation at the 11$ bottom last week.
Now BTC are already in stronger hands as you can see in the sideways, bullish consolidation flag.
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yes at least 60% drop.
My expectation is even a 90% drop, but I am happy to bet on a 60% drop to start with.
To those who dont believe in deflation that is already underway since late 1999 should look at the DJI measured in gold.
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Putting wishes and emotions aside, the patterns look bullish in the short term for a break out higher (either from current levels or a bit lower)
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I did do backups in some point, but after transferring all coins to the new computer I gave the old computer away...
anyway, its gone now and I see the 9 BTC as a way to support the bitcoin community. we have now 21 million coins - 9 BTC :-) - many more people losing some of their coins
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Hi experts,
I have a withdrawal issue.
I just withdrew 9 BTC to an address from an old computer that I do not have anymore (I uninstalled the BTC client beforehand)
How can I get the 9 BTC back?
thanks
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I have a withdrawal issue.
I just withdrew 9 BTC to an address from an old computer that I do not have anymore (I uninstalled the BTC client beforehand)
How can I get the 9 BTC back?
thanks
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In the next 2-5 years BTC will likely be higher than AAPL in $terms.
Even if BTCUSD remains at 14$...!
Because the upcoming major stock market crash will bring back AAPL to the teens (and I love the Apple brand, have nothing against them, but consumers will not have the $'s left in their purse or credit to affort those high margin Apple products).
Certainly your guess as to how AAPL will respond to lower consumer purchasing power is as good as any. But both Greenspan and Bernanke hold the stock market darling with no regard for base M0 monetary inflationary policy. The lesson Keynesians learned from '29-39 was that contraction of the money supply was both cause and effect of the stock market collapse. The Fed is now buying assets with printed money to prevent both. No, the stock market won't deflate, the Fed will just claim commodity supplies are decreasing, naturally increasing prices on tangible necessities. I am happy to bet with you that the DJI will fall below 4000 by 2015, to underline that I am serious with my forecast.
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By the way, this was possible last year on MtGox and Bitcoingateway.com but was stopped afterwards. On mTGox, due to credit card fraud because of the reversible nature of credit cards
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In the next 2-5 years BTC will likely be higher than AAPL in $terms.
Even if BTCUSD remains at 14$...!
Because the upcoming major stock market crash will bring back AAPL to the teens (and I love the Apple brand, have nothing against them, but consumers will not have the $'s left in their purse or credit to affort those high margin Apple products).
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Two questions for you. 1) Is your subscription service free? No, the in-depth analysis means extensive work and the monthly fee is 5 BTC. Here are some more details: http://bit.ly/mjP1Rh The weekly analysis will typically arrive Thursday evening London time. On top, you will receive interim updates and alerts, depending on market conditions. Everything will be sent to your email address.
If you want to secure more than one month at 5 BTC / month onwards, you can secure as many months as you wish to stay in the member pool, and then sent the appropriate bitcoins (my subscribers are very satisfied and many have already paid for a couple of months in advance). For July, I charge only 4 BTC for you.
For the payment, here is a new address that is specific to you so I can properly see if payment arrived. 1CtjrYqDtcAHknpsX6ZqBJszyQzxvEU5BW
Once I received the funds, you will be in the subscriber pool. 2) You seem knowledgeable about this sort of stuff. What would you recommend reading as an introduction to the sort of analysis you do? I don't have a strong background in either economics or trading, but I'd like to learn. For a very quick intro, you can look at: http://www.investopedia.com/university/technical/#axzz1Rjavruib A good book is: Murphy's "Technical Analysis of the Financial Markets" Further, I also sometimes look at elliottwaves: www.elliottwave.com
Hope this helps
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I have reset the poll again.
Vote now. Thanks for your opinion.
Up Same? Down
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Nichts fuer ungut...
Wir koennen ja "agree to disagree" vereinbaren. Meiner meinung nach waere bitcoin niemals so weit gekommen wir bisher ohne trader, investoren, etc. Spekulanten ist ein sehr nagitiv behaftetes wort.
Um meine obige these zu untermauern, gibt es viele untersuchungen die belegen dass es maximal 1 von 1000-10000 tradern / spekulanten schaffen, langfristig profit zu machen.
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Noch eine Börse mehr kann jedenfalls nicht schaden...
Die Behauptung ist wahrscheinlich nicht falsch, aber helfen tut eine weitere Bitcoin Börse auch nicht. Was Bitcoin bräuchte wäre echter Handel. Aber da passiert soweit ich sehen kann nicht viel. Stattdessen sprießen die Bitcoin Börsen wie die Pilze aus dem Boden. Meinem Eindruck nach beruht der derzeitige Bitcoin Hype darauf, dass viele denken, sie könnten durch clevere Spekulation was ohne eigene Arbeit dazuverdienen. Während die Miner durchaus eine Leistung erbringen tun die Spekulanten das nicht. Das Geld, das durch Spekulation mit Bitcoins verdient wird, kommt durch neue Benutzer, die auch ein paar Bitcoins haben wollen. Wenn kein Handel mit realen Gütern dazukommt, dann bleibt das eine Blase, die irgendwann platzt. Ein weiteres Problem, das durch die Spekulationen hervorgerufen wird, ist dass der Bitcoin Kurs so stark schwankt, dass echter Handel dadurch behindert wird. Wer nimmt schon gerne Bitcoins, wenn deren Kurs um 50% schwankt? Mauline Sorry, aber dein Kommentar entbehrt jeder Logik und zeigt dass Du Dich mit Handeln nicht gut auskennst. Spekulanten arbeiten mindestens genauso hart wie andere, der Traderjob ist sogar schwerer als viele andere, z.B. Miner.
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This depends on trader psychology. But as mentioned in my subscription service. We are seeing a short term bullish formation with a breakout of a bullish flag. I expect this to happen in the next 24-48 hours.
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as with many too obvious things and indicators, the weekend dip does not appear to happen. This may causse some buying rush when people realize that they can't get coins cheaper. It I'd always dangerous to look at 1 single indicator
The "weekend" is young. It seems like the big "weekend" selloffs have been happening later (i.e. Sunday, Monday, Tuesday). That may be a function of more traders getting a better idea of what their liquidity levels need to be for the weekend. Sorry for not being clearer before (my mobile device is crap): The weekend dip is a myth. Just because we have seen some weekend weakness for a couple of times does not make a good indicator. More important is the summary of many technical aspects and then build a consolidated picture using many tools. Just using one tool will severely punish those people focusing too much on this one thing. Because even if it works a couple of times, the next time this tool will fail and people sticking too rigidly to it will be washed out of the market. Technical analysis is an art, not a computer program. (this should not sound arrogant, I am not saying I am a perfect analyst, but I have experienced many of these issues a decade ago when I started). Just forget about the weekend effect in bitcoins (or at least use it in conjunction with other analyses).
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as with many too obvious things and indicators, the weekend dip does not appear to happen. This may causse some buying rush when people realize that they can't get coins cheaper. It I'd always dangerous to look at 1 single indicator
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So far we're seeing a continuation of yesterdays rally, although its not on as big of volume as yesterdays but it still credible. The $16.5-$17 level still proves to a key resistance level.
true. we may see a rally to higher levels again
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