DigitalBTC has many options on how it gets those Bitcoins. But it is very heavy into mining contracts. So it's most likely these Bitcoins came straight from miners, relieving further selling pressure that would have been present if those Bitcoins had instead been sent to an exchange. For those looking for another spike down to signify the bottom, GABI most likely intersepted and absorbed it. The new direction is up. |
|
|
|
|
You can make any line with any two points. Its not a significant line unless you have at least three points that line up, which would show the line to actually be a level of support or resistance.
|
|
|
|
|
Everyone ready?
adam: Sorry.
|
|
|
|
Let the hashing begin.  Nah, The profit is really low and when people invest into it the difficulty rise and thus no body wins.. Your loss. The earlier you get in, the better the profit. |
|
|
|
Let the hashing begin. |
|
|
|
|
GTX 980 makes GPU mining profitable again.
|
|
|
|
|
They have been. Victory has defeated them.
|
|
|
|
|
One does not simply short Bitcoin after the bottom is in.
(Seriously though... Bitcoin is volatile. I still expect wild swings as we, on average, begin slowly rising.)
|
|
|
|
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin. Still a chance we could go a great deal lower until this happens. After that, I expect the ramp up that began on 10/2/2013. I'll let you know when the day hits.
OK, I am letting you know. The event has occurred. No, it wasn't the Scotland vote. I expect us to begin slowly ramping up now. End of USG/FED QE? No. It's much more subtle than that. But it has happened at the start of every bubble rally. |
|
|
|
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin. Still a chance we could go a great deal lower until this happens. After that, I expect the ramp up that began on 10/2/2013. I'll let you know when the day hits.
OK, I am letting you know. The event has occurred. No, it wasn't the Scotland vote. I expect us to begin slowly ramping up now. |
|
|
|
|
If a long wait is required, then it's not a tradable signal.
|
|
|
|
|
So if we hit $433 and move up out of your box, EW says that will be our bottom and we should begin climbing in waves toward a new ATH?
|
|
|
|
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin. Still a chance we could go a great deal lower until this happens. After that, I expect the ramp up that began on 10/2/2013. I'll let you know when the day hits.
It is a secret event for us? It's not a secret event. But I'm pretty sure if I publicly identify what I discovered as the main source for Bitcoin bubbles, it will permanently end it. PM me...I won't tell anyone.  Naw. I probably shouldn't have even said this much. I'll just get jumped on by everyone thinking I'm full of crap anyway. |
|
|
|
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin. Still a chance we could go a great deal lower until this happens. After that, I expect the ramp up that began on 10/2/2013. I'll let you know when the day hits.
It is a secret event for us? It's not a secret event. But I'm pretty sure if I publicly identify what I discovered as the main source for Bitcoin bubbles, it will permanently end it. |
|
|
|
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin. Still a chance we could go a great deal lower until this happens. After that, I expect the ramp up that began on 10/2/2013. I'll let you know when the day hits.
Approval of COIN ETF perhaps? No, sorry. Not that.  |
|
|
|
|
So anyway, we're just a few days away from an event that should begin to provide buying pressure to Bitcoin. Still a chance we could go a great deal lower until this happens. After that, I expect the ramp up that began on 10/2/2013. I'll let you know when the day hits.
|
|
|
|
|
It beats watching the price.
|
|
|
|
The most likely thing is that the market won't do what everyone thinks it will. I think it will be a correction, significant, but not 'back to single digits apocolypse'. Suspect we might see a slide back into the 100's, but I think any decline will be short lived as there are still an awful lot of people in the world that need to buy in, and the monetization of bitcoin is far from over.
The fundamentals point to a decline towards some $20. In fact, single digits would not really surprise me either. I also think that the price decline will take more than 6 months, perhaps more than a year. I agree that this will not kill bitcoin completely. It does damage to its reputation though. Oh no... Bitcoin's reputation could be damaged? We're doomed... |
|
|
|
|
Show Posts
