It's not a ponzi scheme per se, but it can still turn out to be a scam if satoshi wants anything for his 2 million bitcoins.

It's a satoshi scheme.

Shareholders don't mind that at all.


The difference here, amazon is in a uptrend on the 1y chart, hasn't crashed as dramatic. Overstock shows pennystock behaviour.

lol another idiot using their business to secretly leverage into bitcoin long positions. It seems like the shareholders do mind that!

for fun, look at their 1 year chart to see where this is headed...

Nah,
That is just trolling, done right, watch and learn.

Keep in mind that even so that is only true in hindsight, and the wedge has been broken already on both sides even with the moving average before. You can redraw it ad infinitum until the support/resistance level. That's why I think drawing triangles doesn't help in determining breakouts.

here is the "completely right" version which shows a breakout of a bearish wedge.


As you see it did "break out" a portion of the now larger wedge before, that's why I don't see them as helpful.

That's only true if you aren't drawing it from the candlewicks (price extrema). And in that case you should use some sort of volume averaging, weighted moving average for example.


Here is how that would look like, suddenly this flat wedge becomes a falling wedge however...


But it's more straight forward to use trading channels instead, tradingview even provides an automated linear regression tool for them.

I would stop using that triangle to look for a upwards breakout after it dipped below the lower bound. At this point it becomes utterly useless.

Percentage of the world economy:

0.00%

Percentage used for transactions:

1.00%

Then every single Bitcoin will be worth:
0 $

sounds about right.

yes and, you can't stop it.

If you are bent on leveraging short you can use btc-e's metatrader4 interface. It works similar to how bitcoinica did, with a fluctuating spread.
But you won't get any less giltchy market and I think it's quite stupid to use it, you'll have the same problems.

Just thinking, they probably have enough customers who haven't even heard of Bitcoin. 

free market bitch!

Nice derail, and yeah that roller sure makes you look like an idiot.

Why? It has all the disadvantages of a bike and of a roller, you can't carry it as easily and you are limited in propulsion. I would feel less stupid riding a segway than this.

I like anonymous gypsies. They aren't trying so hard to appear to the "serious wallstreet investor" - cargo cult mentality.

Whoever said trolling hard isn't worth it...

If the Chinese ban has any effect at all this will be prolonged over the coming weeks. As BTCChina and Hunobi have done everything they can to stay in business, the so called crash will only happen if there is a complete shutdown of both sites. The alternative is a cat and mouse game which can, depending on the direction of the market  and it's outcome have a real impact, in contrast to a crash.

lol about that coming from you.

As a speculation Forum resident I would like to make a request on behalf of everybody.

I think it would be prudent to make a Technical Analysis subforum other than speculation. Some place where chartists can post their ideas under strict rules and no deviation from them.
It has become increasingly difficult to do this because of the constant Bull/Bear trolling, in which I admittedly engaged in in the past as well. But it is becoming old and I would think it would improve the quality of discussion both for people into the theoretical side of trading and people who like do discuss current event in relation to the price of Bitcoins.

If you like the Idea please post suggestions on the rules of these proposed subforums and what they should be called.
Perhaps just "Speculation" and "Technical Analysis"
or "Price Discussion" and "Trading strategies"
or something else...

ron paul is crazy