it looks like dead cat bounce
As long as it bounces really hard and lands in a tree, I'm ok with that.
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* kano comments how many hardware manufacturers have set the API in their cgminer copies to allow change access to anyone ... I wonder how many miners would stop if someone broadcast the word 'quit' to port 4028 across the internet ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ....please don't...
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facebook app also requests your username and pass is it malicious? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) please stop talking bullshits btckan is working with your antpool api (you can decide what permission level to give) if they hack btckan what exactly info they can steal from u? your btckan pass..... or they will look your miner speed....what a bad hacker Way to open your mouth and remove all doubt as they say. It has become apparent you don't understand bitcoin, security, and aren't paying attention to what I previously said. Are you just trying to be a troll? His impression of ios security is not completely unfounded. http://www.cnet.com/news/ios-scores-as-most-secure-mobile-os-in-new-report/I believe there was an app called MobileMiner which could remotely monitor miners through your pool APIs, but they closed down on the 1st of July this year due to "lack of interest".
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Didn't you go long?
You mean long like a permabull? I never went that long! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Meanwhile I closed all longs and stand on the sideline, observing the development. This retracement could even go a lot a higher, but we’re here on some critical point now, where a reversal is not very improbable. Anyway, even if the retracement goes higher (where the dump3er will jump on again) I’m sure that we’ll see mayor lower lows before a new ath Nah, it's all up from now. Just you see! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fmedia.giphy.com%2Fmedia%2FTi65nozXaJL6U%2Fgiphy.gif&t=663&c=JE6jGAwCehON7g)
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Isn't this your third one? Be careful so you don't get hooked. Looks like our Wall-Observer bulls are prematurely overexcited once again. It’s always the same. Will it ever change? Maybe when we hit the real bottom...
Didn't you go long?
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Reloading at the 200 day SMA support--who's ready for some fireworks this weekend?
For a novice, and if you don't mind for sure, could you elaborate this for me please ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 200 day SMA support look at the blue line, that's the 200 day SMA. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FsUiRyF9.png&t=663&c=mBjK87ur1YCk_g) SMA means "simple moving average". It's the average of the last 200 datapoints. So with daily resolution it shows the average of the last 200 days. Hence "200 day SMA". It has been resistance or way above for the last year and we broke through it recently. Now it might act as support, as many hope. If it does, the tides may be turning. EDIT: changed screenshot to include time axis I totally agree about support! BTC is gonna move onward and upward in an orderly fashion! cheers Bulls ! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimg2.wikia.nocookie.net%2F__cb20110911171422%2Fdisney%2Fimages%2Fb%2Fb8%2FFerdinand_the_Bull_5.jpg&t=663&c=pwCq0Q29TTXQ4Q)
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A break downwards here could get ugly.
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fassets.diylol.com%2Fhfs%2F19a%2F663%2F7d1%2Fresized%2Fugly-thing-meme-generator-o-rly-ok-then-f9202b.jpg&t=663&c=gW_gGpl7E_OLeQ) Not to worry. Ugly is on our side.
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I have to say whoever maintains those steep ask side walls is doing a sterling job of attempting to keep the price from rising ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Those bid walls aren't too shabby either.
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double digits are not doom for anyone but bulltards.
bitcoin will be just fine.
I'm pretty sure you would also be pretty pissed if prices went down to double digits The Tarmi Song
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ever been in norway?
very white, not too kind toward minorities and they love german shepherds.
You must have met the wrong ones (Basically, people from Oslo). Come over and I'll take you bear hunting.
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[weird flagball cartoon]
Norway is part of the EU market through the EEA. Until recently we paid a reduced EU membership fee, but the EU didn't see any point in giving rich outsiders discount entry so now we pay the same as the rest of the EU countries. We adopt EU legislation without ever having any influence on its creation. And even though we pay as much as the rest, our citizens are not EU-citizens and our businesses are not EU-businesses and as such not eligible to apply for EU funds for development projects and similar. It would be just as painful for us to leave the EU market as it would be for any EU member state. So if you want to do like Norway... strike oil.
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@oda.krell
Thx for a very thorough and insightful answer.
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lol, nice dump and buy at finex ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) There was no buy You're making it hard to try to paint this as a good thing. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fstream1.gifsoup.com%2Fview1%2F4752106%2Frocket-fail-o.gif&t=663&c=rSlPiH_hCnMxTw)
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I am following four bitcoin analysts who use Elliott Wave and as I read their posts here are their current positions: masterluc - starting impulse wave 3 nowchessnut - Eight wave cycle complete DanV - we are currently in corrective wave C experiencing a bounce but lower lows predicted RyNinDaCleM - we are currently in corrective wave B and expects new lows Did I misinterpret anyone's current count? Also if I missed an EW analyst you think is important link please. Thanks! That list is true. I'd chime in and say that masterluc and Ry have been the most accurate. Although right now they very much disagree. (tiebreaker for champion EWer of the world?). Chessnut has gotten much better after giving up his bullish bias several months ago. DanV has made 1 or 2 signature calls, but overall is inaccurate as hell. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Sorry Dan. Total noob question: Is this amount and scope of hit&miss/disagreement normal with TA, or is it due to bitcoins diverse nature or perhaps its maturity?
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if there is some a big move into bitcoin in greece, say this time next year 10% of greek pop uses bitcoin and its accepted everywhere in greece we could very well see 32,000$ in less than 2 years. 10% of greece's pop is ~1 million poeple, assuming these 1million poeple hodl a 500$ balances in bitcoin we're looking at half a billion dollars pumped into bitcoin, but it won't stop there, having a real world economy use bitcoin is going to improve investor confidence, and i could easily see 10-20billion get pumped into bitcoin as a result, but it won't stop there, economies will crash around the world one by one, and seeing how greeks all got rich off of using bitcoin, they will all want to do the same thing, the decentralization of world domination is well under way! but it won't stop there aliens will come down from the heavens and buy bitcoin.
but it won't stop there... because the aliens being pan-dimensional beings see a big market in selling Bitcoin to HELL. Lower order daemons appreciate a transactional medium which is not controlled by Beelzebub and develop a thriving black market (Fire Road) in soothing ointments, freeze sprays and menthol cigarettes (you're dead already - what's your issue?). Beelzebub promptly bans Bitcoin, but things have gone too far and the denizens of HELL revolt: break the chains of eternal damnation and vault back into the present world. Where do they end up? I think you know. but it won't stop there... Wouldn't there be an issue with double-spending if Bitcoin goes multidimensional? Where's dev?
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if there is some a big move into bitcoin in greece, say this time next year 10% of greek pop uses bitcoin and its accepted everywhere in greece we could very well see 32,000$ in less than 2 years. 10% of greece's pop is ~1 million poeple, assuming these 1million poeple hodl a 500$ balances in bitcoin we're looking at half a billion dollars pumped into bitcoin, but it won't stop there, having a real world economy use bitcoin is going to improve investor confidence, and i could easily see 10-20billion get pumped into bitcoin as a result, but it won't stop there, economies will crash around the world one by one, and seeing how greeks all got rich off of using bitcoin, they will all want to do the same thing, the decentralization of world domination is well under way! but it won't stop there aliens will come down from the heavens and buy bitcoin.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2F33.media.tumblr.com%2Ftumblr_ltdh51cMOy1qk60o9o1_500.gif&t=663&c=T2wFrY17Jjo6uw)
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Turning bull isn't good for tarmi. He seems to be developing a personality disorder.
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The welfare state destroyed the capital structure, now it does not produce much of anything.
what a bunch of bs. on the contrary: it's the capital that is destroying the welfare state. all those austerity measures and zee german stories about "commie" gov in greece or lazy greeks is about it: cut your pensions, cut your services. WTH! Tarmi is starting to talk some sense! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fmedia.giphy.com%2Fmedia%2Fjh9sV5pIh2bzq%2Fgiphy.gif&t=663&c=JX5eiTnPESMkSg)
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