Bitcoin is showing strength as the market has moved beyond $8.9k and seems intent on climbing higher. I expect consolidation down to $8.6k over the next few hours and then a possible push to $9.3k and perhaps beyond. #dyor #btfd  |
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I have a naturally suspicious mind I suppose. I like to think its just a natural degeneracy related to autism. (/s) Of course as I have said...I've been wrong before and will be again. Idle speculation. According to the talking heads over at CNBC the downturn in the stock market was caused by 3 reasons. 1. The latest market downturn began shortly after the government Friday reported a sharp rise in average hourly earnings of 2.9 percent annualized.
2. Investors have been fearing that inflation will push the Fed into raising rates more quickly than anticipated.
3. Treating good news as bad news is an ugly harbinger, another classic sign of a late-stage bull market that chills trading floors.
I have a slightly different take on it for your consumption. What if its funds fleeing a outdated legacy system to try and get a early entrance into a paradigm changing new asset class. Hows that for spin? Regardless of your feelings on it, the fact remains that bitcoin has remained rock solid throughout the day as it shrugged off the nearly 3% slide of the American stock market. As the daily gets ready to close we have had light volumes trading in a mostly positive direction. I am expecting volume to increase significantly over the coming weekend. #dyor #btfd #cryptouplift  |
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Good morning guys. Feels like the final shake is coming. Are you ready? #btfd  |
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Market reaction to Japan regulator wanting Binance to implement KYC. Possibru  google translate Warning to the world's largest virtual currency trader Warning Registered without registration FSA
【Evening scoop】
Economy
2018/3/22 18: 00
Nihon Keizai Shimbun electronic version
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The Financial Services Agency is the world's largest virtual currency exchange company and plans to issue warnings based on the revised fund settlement law to Hong Kong-based vin- nance. The company was operating in Japan with no registration and judged that investors could suffer damage. If we do not stop business, we will criminal charges in collaboration with police authorities etc. It is aimed to detect a illegal act by surveillance by an unregistered contractor and to prepare a healthy trading environment of the virtual currency.
The company is a virtual currency exchange trader established in 2017. Both virtual currency type and number of users ... Imo this is just a cya maneuver and probably a non-issue mid to long term for Binance. How it pans out in the short term for accounts that are not KYC compliant is something we will just have see as it develops. Bitcoin has retraced a few hundo but still is holding close to the trend line as consolidation continues.  |
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Good afternoon everyone. Bitcoin has held steady thru out the night around the 9k mark. Accumulation is still happening in my opinion and by the look of the 4 hour chart I would say this is going to continue until after the daily candle. I expect a slight retrace as shorts are closed and consolidation takes place before a push towards 10k later this evening. The area that I am keeping a eye on is the 11.8k resistance level, if bitcoin reaches there and turns that area into support. That will be the confirmation of a bullish spring we have all been looking for. #dyor #stronghands #btfd  |
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Alright. Let us all hope that the $9k floor stays around for a little while.
Nice growth today, Bitcorn !
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Hello all. Hope you are enjoying this first day of spring. Mine is busy with numerous chores(good ones..but still chores) so I have to keep this short. As we close the day, volume has increased over the last few hours to take us into what I would call moderate trading levels...a good sign. Bitcoins price has climbed to the 9k range but imho do not think we are staying here long. If we move above 9.3k its a sure sign of a bullish break out with potentially even greater heights. I also feel there is growing support in the 8-8.5k range as many are starting to think we have already touched the yearly low. Again in my opinion..get your coins while they are cheap. As always #dyor and #btfd.  |
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Good morning. What a difference a few hours can make. Bitcoin is rising from the ashes once again. /sAfter a lull in trading volume things are picking up it looks like. I expect this trend to continue as we approach the weekend. Late last night trying to stay up for a sighting of the mythical 20k page count, I was messing around with a Schiff fork on the chart. Even with the offset it lines up with random variables quite nicely. I really enjoy looking back from 2012 into the next decade.  Late last night.  And finally this morning.  #dyor #btfd I will try to write up a coherent report later today. I did notice this article in the Telegraph.. https://cointelegraph.com/news/new-survey-shows-around-26-mln-americans-own-and-8-percent-plan-to-buy-cryptocurrenciesHave a great day all. #cryptouplift *edit* Hi Jimmie! hope all is well. Get on those freaky fruit drinks asap. |
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Crypto starts at page 200. CONCLUSION
Technology presents evolving challenges and generates new
solutions. Blockchain technology essentially stores and transmits
data securely, in large volume, and at high speeds. So far, the
technology has proved largely resistant to hacking, and given this
feature, developers first applied it to digital currencies. Yet
blockchain has many more potential applications, such as portable
medical records and securing the critical financial and energy
infrastructure that the
Report
identified.
Recommendations
Policymakers and the public should become more familiar
with digital currencies and other uses of blockchain
225
technology, which have a wide range of applications in the
future.
Regulators should continue to coordinate among each
other to guarantee coherent policy frameworks,
definitions, and jurisdiction.
Policymakers, regulators, and entrepreneurs should
continue to work together to ensure developers can deploy
these new blockchain technologies quickly and in a
manner that protects Americans from fraud, theft, and
abuse, while ensuring compliance with relevant
regulations.
Government agencies at all levels should consider and
examine new uses for this technology that could make the
government more efficient in performing its functions https://www.congress.gov/115/crpt/hrpt596/CRPT-115hrpt596.pdf |
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Good morning all. Bitcoin has turned a corner it appears as the bulls push the price past 8.5k. Following the breaking news from the White House as President Trump bans the Pedro dollar the price has retracted to 8.3k but I think this is temporary. This EO has very little impact on bitcoin imo and could be taking as a positive because bitcoin is neither mentioned nor implied. Regardless of the comments coming from the G20 representative, it also had a positive short term impact on the price. For the mid-term and long range ramifications we will just have to wait and see how it works out. The release of the comments happened to coincide with a very apparent TA signal to buy and the market responded with its usual fury. I believe this has propelled us into a early crypto spring rally that might carry us higher. Imho...the indicated direction of not recommending new enforcement regulations but instead to use existing ones, tells us that "they" are aware of the the nascent bitcoin cryptoverse and are perhaps willing to take a "soft hands" approach until something else is needed. I feel this is important to existing and newly developing bitcoin related businesses as they will not have to jump through new potential regulatory hoops or allocate more capital to attain compliance. I also think that that .1% market is growing to 1% over the next 18 months. The other .9% is most likely already attempting to enter into the bitcoin market. I think everyone of us should be looking towards 2020 and the Olympic Games being hosted in Tokyo and be thinking up ways to promote the public awareness of bitcoin and its use.  |
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Short squeeze.
Please come back next weekend.
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Good news indeed. https://investir.lesechos.fr/marches/bitcoin-cryptomonnaies/g20-le-fsb-rejette-les-appels-a-une-regulation-des-cryptomonnaies-1750099.php#LONDON, March 18 (Reuters) - The Financial Stability Board (FSB), which coordinates financial regulation for the G20 countries, on Sunday rejected calls by several countries for cryptocurrency regulation, such as bitcoin .
The FSB, however, stressed the need for greater international coordination in monitoring these rapidly evolving technologies, which still represent a tiny sector equivalent to less than 1% of global gross domestic product.
"The first assessment of the FSB is that currently, these crypto-assets do not pose a risk to global financial stability," said Mark Carney, president of the FSB, in a letter to finance ministers and governors of central banks, which will meet in Buenos Aires on Monday and Tuesday.
Mark Carney, who will leave his post next year, when he resigns as Governor of the Bank of England, noted that his successor would oversee a regulator more inclined to review existing rules than to set up new ones.
In his letter, he also said that the FSB, which has conducted a series of banking and financial reforms after the 2007-2009 crisis, will focus on the current rules rather than design new ones.
"As the work of the FSB, which aims to fill the fault lines that caused the financial crisis, is nearing its end, the latter will focus more (..) on the implementation and rigorous evaluation of the effects. reforms approved by the G20, "said Mark Carney. (Huw Jones Catherine Mallebay-Cowboy for French Service, edited by Danielle Rouquié) |
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Jesus fasted for 40 days he came out and everything worked out just fine...
that reminds me insufficiently sized rock day is coming up isn't it? +1 WOsMerit Also coming up next week is a call out for a "Crypto Hour". Regardless of your views on who is where and doing what...I think this is a good idea. It is a good place to show the world we are a community and there is solidarity for making our world a better place. Just my 2 sats. https://cointelegraph.com/news/russians-call-for-crypto-hour-turn-off-all-mining-equipment-for-ecological-awareness -edit-
Something is wrong. This glade is alot shorter than predicted.
+1 WOsMerit Economies of Scale. -edit-
hacked or bonkers?
neither just california... +1 WOsMerit So true..great place to visit or do business but so glad I no longer live there. A few more days and we will hit 20 000 for sure! Oh do not misunderstand, i was referring to pages in this topic  +1 WOsMerit lol'd --------------------- Worldwide, Bitcoin adoption is even lower than the few percent it shows here. With only 20 million funded Bitcoin addresses, and at least a few addresses used by each user, Bitcoin is used by at most 0.1% of the world population.
(I can't believe I never posted here, now I can finally get this thread in my New replies list)
Welcome. I predict we will reach over 1% by 2020.
Be welcome.
The user numbers are a mere fraction like 1/5 of wallets, since everybody of us uses 2~3 exchanges featuring new addresses. Been cutof from one site, new registrations "pending" forever. Currently registering more new sites than really needed, because they are just blocking new users.
Falling like a rock. Bitcoin FAIL of 2018
Looks like capitulation draws nigh...always encouraging when legends tremble. Must almost be time to start buying. Nothing particularly new to show on a chart but I am keeping a close eye on volume today. |
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Good evening all. I dont know what you all are doing but if bitcoins price is any indicator, I hope some are enjoying the night with some adult libations. Overview of March of 2017 and the following year. It was a dismal March last year as well..it turned very quickly right at the end of the month as I recall.  I think there is a chance we could test support below what we are seeing today but also believe that many are starting to think that coins are looking cheap again. Hang in there...the tide will turn. #btfd #hodl #dyor  |
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WTF?!?
So... uh... UP?
I wish I could say...YES! Its going up and never coming down. Reality though. I believe in the long term we are all going to be fine.. Right now I think we are laddering up to some of the resistance points I illustrated on the chart but with low hanging cloud cover in the forecast I am still cautiously optimistic. I think the price right now is lower than it should be but my opinion is just that...a opinion. |
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Noisy data on the old reliable.  Tera..look at your chart at around 2015..I believe you might not have put enough parabola in your channel going upwards. It looks not only flat to me but the scale is off towards the end. Have you ever used a brake press? Or bent rebar or other similar materials? If you take the circles you have in your channel and move them to the bottom and then the top lines, you will see where your parabola should start to happen.  Quadriatic Bézier curves.   |
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