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Bitcoin: Gold Standard 2.0
(from nofuture if he does not mind :-)
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You are right, let's "just" help them to get out of this mess.
Of course we will mention that donations were collected via Bitcoins.
I also like the idea of looking for smaller aid organizations. Let's see what we can find over the next couple of days.
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Suggest the following approach:
1. Let's collect Bitcoins as first priority.
2. And then tomorrow review the options for donating (to which organization, for what help purpose)
We could do a poll for those who have donated to decide where to doinate the funds.
Current status: 51.82 BTC
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I am donating 30 BTC myself immediately.
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Japan needs support.
The nuclear power plant just exploded.
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As with any of these oversimplistic and lopsided correlations, this correlation will fail to make sense at some point. Those who believe too long in a certain correlation will be surprised if it doesn't exist any more.
See USD / stock market correlation, see Oil / stock market correlation, etc. Over some months, or years there is a positive correlation, over another period the correlation is non-existent, and over another period it is negative.
Be careful with this.
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Just realized we crossed the 10,000 viewer mark of this Bitcoin Technical Analysis thread.
Thanks to all of you for reading. I will be trying to keep it useful for you.
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Klasse Initiative!
Und go-bitcoin ist auch eine sehr gute deutsche Seite.
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As promised here is tonight's bitcoin technical update. As some of you might have realized, I have moved to a Monday & Thursday rhythm for the technical analysis. In case the market starts again to be more dynamic and I get some of your support via donations, I might move to a shorter rhythm again. http://www.forexfactory.com/showthread.php?p=4462083#post4462083 |
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Hi Everyone,
and especially hi and thanks to all who have been donating!
Over the past 2-3 weeks, donations have declined from a good level to almost 0. I still want to continue the BTC analysis, but need to move to a less frequent update (2x per week), as otherwise I can't support it any more.
I will see how it develops and depending on feedback, keep 2x / week or ultimately move to a different system.
Your S3052
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Thnaks.. understand it is difficult now that MtGox server was changed.
.. and I just soptted one other thing.
On the bitcoincharts.com chart section, I fail to be able to copy and save the images for my technical analysis. I can only post links, but that is suboptimal. Do you have the same issue?
Thanks for taking care.
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The new site is great.
Just one thing:
The MtGox order book is reduced significantly. It seems the order depth has been reduced from full order book to only a fraction.
Any idea why this is the case?
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that makes sense
if bitcoin value does not increase mining will soon be in the red
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yes, it is 2-fold need to grow:
1) more people acquiring bitcoins (traders, investors)
2) more bitcoin based businesses
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+1
This is absolutely true.
The Bitcoin market needs more traders, investors or speculators. Otherwise prices will fall.
Just think about that more than 10,000 bitcoins are generated daily. If miners cash out all or a proportion of it, the Bitcoin economy needs at least the same amount of new fund inflows and bitcoin buying to just keep prices flat (let alone rising).
In the recent weeks, no significant new funds came in, and hence we are in a downtrend that may accelerate unless 0.95$, 1.0$ and 1.1$ will be broken to the upside.
people holding bitcoins should better advertise it versus debating endlessly in this forum about minor things (and adding thousands of posts about issues that are beyond there circle of influence)
This is not meant badly, just to put the "moose on the table".
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