Good chart - and I am sure BTC 'would' follow this, except that the conditions are simply not the same.

Once the new year starts things will be decided by huge wall street investors and governments - not relatively small time speculators like us.

Bitcoin is now making too much noise and is on the radar of the people who really decide.

There will be two camps - those who fear it will end their positions and want to damn it and crush it out of fear.  And those who see it as a new opportunity, a game-changer to get in on early.

2014 will decide, awareness it at the stage when anyone in world finance must AT LEAST have an opinion.

And people who are paid to decide will take a position.  This is how it works.

Bitcoin is a network, not just a currency and as such it is a groundbreaking technology.   If Twitter is worth billions and all you can do is 'twitter' - what the hell is a whole new value exchange system worth?

So anything other than short-term TA is useless - as it will be overtaken by one thing:

Events.

+1

Not as big (and therefore liquid) as the big three....   But I have not heard horror stories - google 'kraken problems' and see what comes up.

Always wise to research before you trust money to an exchange.

If only it were quite so easy!

Basically that is it, yes - but watch out for delays, lack of confirmation and difficulty in getting money out.

Also any exchange can (potentially) lock up your money or even disappear, so try to keep large amounts 'off-exchange' in a wallet, or at least spread it around a couple of exchanges.

No one will go to prison for stealing your money or losing it, remember that.

Stamp is pretty good and well run and you can get money out reasonably easily (in Europe) Gox is hell, BTC-e is OK.

Make your choice, you will pretty much need to stay there - everyone has a 'home' exchange.

Always loved the song, but like a stupid idiot, never quite followed the most excellent advice.

I can't resist checking in here, updating my spreadsheets and wondering if rpietila is a sage or a nutter... (or both)

Ah a new victim!   If you buy in, you will waste hours on this forum looking for solace and people who tell you something you want to hear.

Then a year later - you will do the maths on the hours you have spent watching and wondering and possibly work out if it paid you enough for your time.

Best advice to make that equation a positive one is this:

1. Buy
2. Store in a cold wallet
3. Carry on with living your life and forget about it for a year.


Seriously!

\

I am always philosophical - take a look at the last few weeks.  Every time I wonder what's going to happen, I find looking at the 12 hour chart helps.

This is what five or or six weeks of our screen-watching hurrahs and frustrations on a graph:



It's a roller coaster - and what a year.

But right now we are on a down-trend - until big players decide differently.

My money is on (very positive) fireworks next year, but when?   Anyone's guess

No worries - have a great new year - I think we will all have an interesting one and in that I am referring to Bitcoin only.

I have been tempted - I sold half a dozen before last weekend - bought 1 back, then just sold as it went up in the 800s again.

I am becoming happier to have a little fiat (am 90/10 - BTC /fiat).

It's so 'undecided' and with no big fish in - it just feels odd.

Come next week, the market will have to decide - Wall Street cash will make our minds up for us, ultimately if they're in, they will want to make it work and in 2014, they will be.

Digital Currency, per se, is here to stay.  Money men have to have an opinion and a position in all assets that affect world currency markets, or that allow hedging positions against movements.

It makes sense - but we are in the calm before the storm.

It's like that bit in the cowboy film, where one of the guys says 'you know what, something's eatin' me, it's just too quiet'

OK - I ain't gonna fight - but Adam just posted a pic of a girl's rear with a Bitcoin tattoo - wasn't exactly TA was it...

Funny, but arguably a tad frivolous (and I didn't mind).

This thread is for serious junkies who watch it because it is the most active - when it's not, it's relatively dull.

C'mon - even Walsoraj made a joke about Doge coin!

I will quit - if you post something interesting and perceptive about Bitcoin - deal?  

Over to you for the next 5 minutes

BTC-e price I guess - it's a 225 BTC wall - not big, but at these volumes - like watching paint dry

Or my doggy licking it off

Why - you got BTC news?  It's tumbleweed town here.

I am a BTC hodler, just it's Christmas and really rather boring.   It's hardly serious taking the piss out of alts...

Freethinking not allowed?

Doggy bag - fun buttons:

In other news - the weekend looks here again....

Cheap coins to add to the stash maybe?

Nope - an online wallet got ripped off for a few million.   Added up to about 6000 bucks!

It has got a story - it reminds me of Withnail and I where they say 'We've come on holiday by mistake!'

Only this time it's 'we invented a coin as a joke and people are taking it seriously!'

There are so many terrible alts out there, they have as much chance as any...  I look at them and think, yep - 'all this is just insane' and you know what? I might well have other alts I took seriously that will disappear before this one does.

I have no idea which ones to buy if BTC dips this weekend - LTC just mirrors BTC, the rest are so random it's impossible to know....  But one will surprise everyone, one day - and that is the point.

Great records are rarely number ones when they're first released.

Woof!

It was the same night I started playing the Phil Spector Christmas album and then found I had a Dolly Parton one handy too.

I woke up with a hangover and about 20,000 Doge Coins

Confession - I actually bought some.  I was bored and pissed and well, you know...   It's so dull in BTC just now, I needed the comedy relief.

Bizarrely they have done better than most of my other alts (except one) interms of %.    And you get a shed load for a couple of LTC.

They have as much validity as most of the shit coins out there - so I figured 'it's coming up to Christmas, why not?'

Don't hit me?

Stamp, China and BTC-e all in close sync - Gox 70 (goxbux) up....

Wonder who decides that synchronisation, does it prove we are still following China price - if so, it's a concern.

It's like the (China provoked) dip, was not noticed.