I use a combination of technical analysis, fundamentals, and past behavior. I modify my results to account for the pump and dump nature of bitcoin movements. So basically, I increase variance.

What do you mean I'm not doing well one week into 2017? So far, I've traded all moves perfectly. I sold at peak and I am now looking to repurchase once I verify my support levels. Also, the 2016 predictions were extremely accurate from a trading perspective as following them resulted in a generous profit.

We've now dropped to the $800 level I thought would serve as support for range trading. The level was broken through briefly but the speed at which the price returned to above $800 strengthens the support significantly. I will probably begin to buy again if the level holds until Monday.

I don't think BTC is in a bubble phase. I think the bubbles are short lived and over time add long-lasting value.

Both my first and second predictions for this year happened almost exactly

I think investing in real estate by buying a house or land will be a long-term investment that is very nice, because in all countries. real estate prices always go up every year

It really depends on the stock you are investing your money in.  Because some stock pays dividends only once a year or once every two years or they don't pay dividends at all and just rely on capital appreciation. Be careful on what stock you buy because you will never know when it will go down together with what you invest in it.  You can't really rely on dividends as a kind of passive income because they are not as frequent as what you think.

Bitcoin transactions post instantly, just to clear that out. It's the confirmation times that makes you wait. Or you simply didn't include an appropriate enough fee which makes pools ignore your transaction for a while. When it comes to the reverse aspect, you as normal person don't have to worry about that unless you deal with millions every time like is the case with exchanges for example. That's why they require 3 confirmations before your deposit posts. It's set like that because exchanges have a lot to lose. In general 1 confirmation is safe enough.

Paper money is only limited by earth's supply of trees

At least digital currency is "backed" by the mining's ever-soaring level of difficulty. This built-in scarcity model prevents deflation of bitcoin value, raises the miners' bar for return on investment, and thereby guarantees a steady climb in price. Each transaction buyer wants to hold for a later price rise, and so on down the line. Not every trader can outwait their own need for their own fiat currency, so naturally there are trades at a loss. Whoever has the most patience and greatest wealth can end up with a large hoard of bitcoins.

That's very vague reply to this topic. It doesn't encourage any good conversation.


I would have to agree with this. Governments will create their own digital currency because that is the future of everything. Everything will be digital in the future because the world is moving towards the reduction of the use of traditional methods of everything, ie paper documents. However, bitcoin will still have a place in this world because bitcoins is decentralized. That would basically be its weapon.

Yes... that is one issue with CNG (compressed natural gas). The cars need to be recharged every 150 or 160 km. But then, there is a massive reduction in pollution. The Carbon Monoxide emissions are reduced by 90% and Hydrocarbon emissions by 60% when compared to the gasoline-run vehicles.

That is a mistake, that is not money velocity, that is money supply a different term, money velocity refers to how fast money changes hands, and that is not controlled by the government, when the velocity of money is very fast it means that no one wants to hold fiat for long periods of time and if that is happening then inflation must be out of control.

You seem to be confusing something here

Obviously, you refer to reserve requirements which are the amounts that commercial banks are obliged to hold at the Fed (if we are talking about the US). The interest rates (federal funds rates) you refer to are the rates at which banks offer their excess reserve balances as short term (typically overnight) loans to other banks which fall short for money, for example, due to cash gaps. Moreover, in some countries (e.g. in Canada) banks don't have to keep any reserves at the central bank, i.e. their reserve requirements are equal to 0

If I remember correctly, when Bustabit was still called MoneyPot, it had a faucet? Why did they remove this feature? I was very active on this site, and the faucet helped to fund the experiment. I might confuse this with some other site, but I can remember something like this?

The few Satoshi's being handed to people via this faucet, cannot bankrupt a site?

Apple doesnt resemble vapour ware.  The shares arent on a high multiple to real earnings, the market has some doubt in their future revenue.  The main thing inflated for Apple is their profit margin directly with the customers.   They retail quite directly to the customer and in some cases might be making upto 70% of the price in profit.   You can argue this profit goes to future design and innovation to keep customers with the most easy to use devices.  
Across the board Apple rates as the most reliable, highly sought after most preferred design of any pc, their customers do genuinely like the output of the company.   I dont think its just a trend but with some people a requirement to use a computer and be happy.

So long as their customers are rich enough to endure 70% profit margins and consider it a good purchase then Apple shares are not due to fall.  In a recession maybe Apple suffers worse then others as the alternative is people start to buy the cheapest hardware and foresake ease of use for pure value.      Vapourware would be something else where the proposed utility was non existent and there was no value in any design in theory or even in production.

For OIL the premium relies on lack of innovation, both in oil extraction and alternate energy.   Also demand for energy is rising and many of the worlds largest countries dont have cars as commonly used still as the west

I am sorry to announce that the new feature that we were working on will not be released in the near future. I'll try to explain what we were trying to do.

I was trying to create a mining investment program for users where users would be able to invest their bitcoins with us and we would use it to purchase bitcoin miners and generate profits. The way that I had designed this was that it would carry absolutely no risk to the user (other than us running away with their money, which is always a risk with any investment) and users would be guaranteed a fixed return on their investment (around 8-10% APR) measured in bitcoins, regardless of the BTC price. It would eliminate most issues with "cloud-mining" schemes and users would not have to worry about the difficulty and price, we would assume all of that risk. We would also provide proof of our mining hashrate to show that we were not running a fractional mining scheme.

To do this, we had already installed about 2 petahashes of mining power with another 2.5 petahashes planned to be installed soon. However, the main issue is that there simply isn't enough stock of efficient miners available to make this viable. There is no point in raising investments if we are unable to expand quickly and currently it seems like that will not be possible to do soon. Also, the recent price volatility has made it very expensive to reliably hedge against some uncertainties (which is necessary to prevent us from going bust in case of some unexpected circumstances). So I have had to put the project on hold, we will continue with expanding our mining operation but will not be opening it up for investments unless we are sure that it can be viable long-term. We have everything ready to go so if there is a possibility that this can be done in the future, we shall implement it

I'll contact the first two users who correctly guessed what the feature was to reward them their prizes. Sorry for hyping this up and then disappointing people who were waiting.

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.

Whenever there is drop on the price of bitcoin they always think that this was made by a panic selling by holders..
Even they  dump huge amount of btc thats not a panic selling but a profit taking..

Typically, professional day traders and scalpers don't follow "that thing". Without getting too technical (and there are in fact many different techniques), their strategy hinges on riding the trend ("trend is your friend"). Statistically, the price has more chances to continue rising once it has started rising (the same refers to falling prices as well), and if you place your stop-losses wisely (which is a must for day-trading), you can scalp more profits than incur losses, and thereby book net profits more often than losses at the end of the day. Obviously, you can ride the trend on the way down as easily as on the way up...

Though things get more intricate when the price is trading sideways and there is no clear-cut trend

Not even sure it will happen, or at least this year. Even In the second half.

I don't really understand the price movement I have to say. There was such a great pump at the begining...
And now it's like no one wants to buy bitcoin
Well as long as we don't go under the 550 I guess it's alright. After all it was the price we had just a few months ago and it was clearly a stable one. Let's pray we don't go even under though...

The government cannot control the velocity of money, that is something controlled by the users of fiat, all  of us, they can try but history has showed us they always fail, besides when the government tries to control the velocity of money is because something way worst is happening like big inflation.

Paper money will never disappear not in this century, in before the increase in the dominance of internet which makes the use of electronic money as such, it has not even reduce the amount of paper notes being printed by the Central Bank. Paper money has being with us for ages and centuries and for any kind of currency to replace it means it has to be around if not that long then close to that or else, the worse that will happen is that they both co-exist.