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2101  Economy / Marketplace / Re: Selling carrot farming contracts, 250 BTC per sq.m. month , no jokes on: April 25, 2011, 10:17:49 AM
I am not quite sure what kind of carrots it will be. Certainly cannot guarantee pink ones. Obviously, farming difficulty is a variable and depends on external conditions. I just cultivate carrots on 1 sq.m. for a month. Whatever grows up there is yours.

Hint: perhaps it makes sense to get more than one month contract. Variance in this biz is huge.


Sorry for not being serious enough.. but I dont need more carrots.. we have a full supply here..
2102  Economy / Marketplace / Re: Selling carrot farming contracts, 250 BTC per sq.m. month , no jokes on: April 25, 2011, 09:17:03 AM
Can I reserve one part for pink carrots?
2103  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 25, 2011, 08:12:57 AM
Bitcoin Techncial Update. Bull flag with most likely break out to the upside.

http://blog.bitcoinwatch.com/
2104  Bitcoin / Project Development / Re: WeUseCoins: 2nd Video - Content on: April 25, 2011, 06:39:08 AM
+2
This is the only way forward for a sustainable Bitcoin success.
2105  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 24, 2011, 08:41:30 PM
Overbought. It is corrected now (thanks for spotting the typo)
2106  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 24, 2011, 06:29:32 PM
Just wondering which time frames you watch most carefully.
I'm watching a shooting star form on the daily and weekly charts which are overbought.
and the 15 minute chart looks like it's turned around on you.
But I have a habit of being wrong more than 90% of the time Tongue

I am watching always 2 arrays of time frames:
short term (hourly, 15min and shorter)
mid/long term (daily, weekly)
And then putting the conclusions together of those sets of information.


And on top of all the time frames and indicators, I use my experience gained over the past 12 years, which results in a kind of gut feeling (which essentially is a synthesis of what the brain has soaked in and filtered and saved..). This one I cant really explain ...

By the way, I am more active in the forum than usual since I have 1 week off my normal job. Although I really like being more active here, don't expect the same frequency of responses in the next weeks.


On the question about the direction of the BTC/USD market, I have just completed an in-depth longterm analysis.

Tops are typically hardest to pick, no matter of short or mid/long term tops. My highest probability view is that we have not seen a top yesterday. The uptrend is very robust.
http://blog.bitcoinwatch.com/2011/04/bitcoin-market-analysis-special-long-term-update-april-24th-2011-by-s3052/

2107  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 24, 2011, 04:02:28 PM
As previously mentioned, corrections can take 11 different forms, including triangles. Triangles themselves, can also take different shapes (acending descending, symmetrical and there also exist "running" triangles).

It is always possible that break out of triangles after an uptrend can be on the downside, but there are two reasons why I made the bullish call
(1) Bitcoins "love triangles". If you go back to the history of the bitcoin technical analysis, you will see that probably >90% of all triangles were resolved to the upside.

(2) Last days trend was extremely bullish with record buying volume. Typically, triangles form at the end of bullish phases (Elliott 4th wave position), but will be followed by one more rally (Elliott 5th wave).

Anyway, I may be wrong this time. All analysis is based on probabilities and this one was the highest probability call.
2108  Bitcoin / Bitcoin Discussion / Re: Don't buy bitcoins. Use carrots instead! on: April 24, 2011, 12:18:20 PM
THIS IS AWESOME!!!!

You know what? Seriously, I think this is the best viral campaign for bitcoins and we should thank this guy.

If this was planned to market bitcoins, it is ingenious.
2109  Bitcoin / Bitcoin Discussion / Re: How do we prevent money laundering and assasinations? on: April 24, 2011, 12:15:40 PM
i would like to use this thread to develop ideas about how this activity might be prevented.  i don't want to hear comments about how it is inevitable, can't stop it, its gonna happen no matter what type comments that are often accompanied by a veneer of glee.  this is serious business and i have BTC to protect; so i'd like to hear productive ideas about how this can be accomplished. 

Forum members, it would be helpful to get back to cypherdoc's original intent of this thread (see above and again here:)
so i'd like to hear productive ideas about how this can be accomplished.

Here are my ideas to start with:
(1) Get all illegal content off this forum. This is already in progress, at least for (i) stuff that is illegal everywhere, and (ii) stuff that is illegal in most jurisdictions. People who want to talk about those things can do this somwhwere else, outside of bitcoin.org

(2) A step further would be to publically announce on the homepage of bitcoin.org that bitoins have been created as innovation in the payment / store of value area and that the owners of bitcon.org are against illegal abuse. Of course, as with cash, some individuals may use bitcoins for other things, but bitcoin.org does not endorse this in any way and even undertakes all possible steps to avoid this on this website

(3) Continue driving bitcoin's legal use for low fee payments, legitimate businesses, start-ups, investments, etc.
2110  Bitcoin / Bitcoin Discussion / Re: How do we prevent money laundering and assasinations? on: April 24, 2011, 12:07:37 PM
unfortunately, the US gov't will set a higher std for BTC and laundering vs the USD.  the will use the anonymity argument against BTC while the real reason will be to protect the USD franchise.

I agree with you. Goverments might think that bitcoins are a threat for their currencie and hence a higher std is needed.
2111  Economy / Economics / Re: 1 BTC = 2 USD on: April 24, 2011, 11:05:07 AM
It hit already 2 $ in bitcoinmarket.com in past 24 hrs.

New poll  is needed.
2112  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 24, 2011, 09:10:06 AM
1
2113  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 23, 2011, 10:16:39 AM
you have a good point. corrected:
http://twitter.com/#!/BitcoinAnalyst
2114  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 23, 2011, 07:36:06 AM
If this +300% rally over the past 20 days only gets some media attention (which I am sure it will), we may see follow through buying next week once people can add more funds to the exchanges.

There are no big resistances before the psychological 2.0 $, and even this one can be evaporated fast.
2115  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 22, 2011, 07:57:56 PM
http://twitter.com/#!/BitcoinAnalyst
2116  Economy / Speculation / Re: Bitcoin Technical Analysis on: April 22, 2011, 05:51:47 PM
And again I have reset the market sentiment poll.


Up?
Same as now?
Down?
I don't know?

click on the poll above

Please VOTE
2117  Bitcoin / Bitcoin Discussion / Re: Bitcoin Transaction Volume on: April 22, 2011, 05:08:32 PM
This is a great approach. thanks so much Smiley
2118  Economy / Trading Discussion / Re: WEEKEND TRADING - another benefit for bitcoins on: April 22, 2011, 07:33:21 AM
Rally is on, indeed.

My forecast rather points to an acceleration of the rally than to an end.

We would need to see weakening indicators, including negative divergences before declaring the recent uptrend over.

Some people may be surprised how high BTC/USD will be after Easter, before they will be able to wire funds to jump on the rally.

There is big BID volume in the order book. People who become worried to miss the train may decide to buy at current levels before we are at 2 $ - 2.3$


Surprises are rather likely on the upside.
2119  Economy / Trading Discussion / WEEKEND TRADING - another benefit for bitcoins on: April 21, 2011, 08:51:58 PM
Bitcoin exchanges are open 24/7 which is another great benefit for bitcoins.

Wish you a happy EASTER TRADING.

Perhaps you will find an easter egg among the bitcoins :-)

More seriously, I am going to spread the word on weekend trading to some traders as some of them can't live an hour without trading.
2120  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: April 21, 2011, 08:32:20 PM
the GERMAN yellow press BILD could be a fantastic medium

www.bild.de

unfortunately I dont know a BILD reporter...
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