Conclusion

The Christmas didn’t turn out to be merry for the bulls, and it looks like that with the majority of the market participants enjoying the year-end festivities, the cryptocurrency might not cross $465 in haste.

The technical indicators are clearly reflecting the bearish undertone. I expect a broad range of $400-465 for bitcoin until the end of next week. Short bitcoin if the price reaches $465 or if it breaks the crucial support of $400. Long positions can be considered above $433 for a target of $455.


http://www.newsbtc.com/2015/12/28/bitcoin-price-technical-analysis-for-28122015-watch-these-resistances/

A degree of infighting has shocked the Bitcoin community as individuals with different ideas clash over the direction in which the Bitcoin protocol should evolve (or be evolved). With the disappearance of Satoshi Nakamoto, Bitcoin has long celebrated its leaderless organization. In 2015, this lack of leadership led to a lack of direction in the Bitcoin community concerning its core protocol.

https://www.cryptocoinsnews.com/infighting-is-good-for-bitcoin/

It was an eventful long weekend for Bitcoin. On Christmas Day, it reached a symbolic milestone when the 100 millionth transaction was recorded on its network.

The number of transactions per day has been steadily growing over time. The phenomenon is interpreted by some as evidence of the increasing adoption of Bitcoin, though most of the transactions are not commercial in nature.

During the past year, the growth profile is slightly steeper than linear; the count nearly doubled. Over a 5.5-year period, the total increased 100-fold.

http://www.financemagnates.com/cryptocurrency/news/bitcoin-hit-100-million-transactions-and-15-million-coins-on-christmas/

This is the second article in a three-part series on whether or not Bitcoin makes a good investment. Read the first, detailing 10 arguments in favor, here.

Disclosure: I own a small number of Bitcoin.

In 2015, venture capitalists poured more money into Bitcoin than ever before, but many such investments were centered around the underlying technology, called the blockchain. Meanwhile, the currency languished in the $200-$300 range for most of the year (after hitting highs north of $1,000 in late 2013), but in the last few months, Bitcoin has not only risen but broken through the $400 barrier in the last couple weeks and stayed there.


http://www.forbes.com/sites/laurashin/2015/12/28/should-you-invest-in-bitcoin-10-arguments-against-as-of-december-2015/

best method is trade, you can take 1-2% per trade
if you can continue to get profit you will get 30-60 % per month

i think we will reach $500 at january 2016 because so many news and analisys says bitcoin will be succed at 2016
and now im very happy because im still hold my BTC

better you add the faucet link to your post then more people will follow you to try make money from bitcoin
last year im very active at faucet, but now im boored earning from faucet everyday, the earning is very very low

really ? i doubt you can earning 0.01/day from faucet with 10hours
not much faucet give high payment, some faucet also scaming you, not send the amount of earning to your addres

In a general sense, banks purring over the technological advancements Bitcoin’s blockchain technology provide is a good thing. After years of banks deriding anything having to do with Bitcoin, after years of exchange risk, fraud, and failure, and years of mainstream doubt and ignorance, the love has helped the Bitcoin community with a sense of redemption. The banking elite will never admit they were wrong about Bitcoin. In fact, they may see a way to use their newfound adoration as a way to upset Bitcoin’s apple cart, in the long run, through the burgeoning R3 consortium. Overstock CEO Patrick Byrne recently made some strong assertions at the Blockchain Agenda Conference last week in San Diego. A one-time applicant to join the ever growing R3 partnership, he now has a more nuanced perspective of the financial group from the outside, looking in.

“What’s happening is Wall Street is trying to slow us (his new T0 company) down while they come up with their own version, and that’s, I think, R3. That’s a consortium that’s really going to be there — so Wall Street comes up with their own version, and then they’re going to outlaw [the competition]. So really be alert for R3.”


http://www.newsbtc.com/2015/12/23/will-the-r3-banking-consortium-become-the-new-bitcoin-regulators-op-ed/

Its been a strange week in the bitcoin price/cryptocurrency trading space. Without any real fundamental catalysts, the bitcoin price has both gained and lost strength, and in doing so, given us some nice volatility to trade on. Having said this, last night’s action has somewhat bucked the trend – the bitcoin price maintained a range and traded sideways. What implications this has for today’s action is unclear as yet – though it does give us some concrete levels to keep an eye – and in turn – to strategize based upon – as we head into today’s European session. We’re going to bring our intraday breakout strategy into play today, but our predefined range is a little tight to attempt any intrarange trades, so breakout is all we’ve got on today’s action. So, as we head into a fresh European session on Wednesday, what are the levels we are looking at during today’s session, and where will we look to get in and out of the markets on any volatility? As always. Take a quick look at the chart to get an idea of our predefined range.



http://www.newsbtc.com/2015/12/23/28097/

100 4-h SMA continues to provide cushion – Bitcoin touched a low of $433 yesterday, a level which we specifically mentioned as the key support for the cryptocurrency. The cryptocurrency should now tackle the immediate resistance from the 20 4-h SMA of $442.

Momentum – We also pointed out earlier that the Momentum has hit a bottom and that its value may cross 0 soon. The current value of Momentum indicator is 6.0700; a drastic improvement over its previous value of -12.7900.

Money Flow Index – The MFI has also seen a strong appreciation in its value to 46.3961.

Relative Strength Index – The latest RSI reading of 43.8706 does not lend much confidence to the buyers but do watch out for a sharp jump.

http://www.newsbtc.com/2015/12/23/bitcoin-price-technical-analysis-for-23112015-strong-positive-indications/

Established financial institutions and banks failed to understand and embrace the decentralized and transparent nature of bitcoin and the blockchain technology since its birth in 2008.

Some bitcoin experts and financial gurus argue that banks still don’t have a solid grasp of Bitcoin’s core values and purposes.

Bitcoin as a technology and a currency was created to be used by anyone without the influence and control of a central entity. However, Over the past few months, Wall Street banks, multi-billion dollar financial organizations and groups have joined a blockchain research group known as the R3 consortium, trying to create blockchain-based applications, platforms and currencies to “decentralize” current financial systems.

http://www.newsbtc.com/2015/12/23/banks-misinterpretation-of-the-blockchain-technology/

American non-profit global policy think tank RAND Corporation has published an extensive research paper entitled “National Security Implications of Virtual Currency,” to examine the feasibility for non-state actors to increase their political power by deploying a virtual currency like bitcoin.

The research addressed three main points:

Why would a non-state actor (an organization with significant political influence) deploy a virtual currency? What challenges will it have to overcome?
How might a government technologically disrupt a VC deployment?
The purposes of deployment and development of virtual currency broader than currency

http://www.newsbtc.com/2015/12/23/challenges-of-deploying-a-virtual-currency-like-bitcoin/

Litecoin price continues to fluctuate in the area of $3.40 - $3.50, and decreasing very slowly. After all this is a decrease, rather than a hitch in growth. The LTC:BTC pair has already reached 0.0076-0.0079. Miners don't have trust in Litecoin, and are getting rid of the Cryptocurrency. Only a new round of growth in Bitcoin could lift Litecoin above today's indicators of the price.

DASH :  89 feverishly moves between the strong level of local bottom 0.0056 and one more strong level of 0.0059-0.006. It gives traders possibilities of earnings on short transactions. Buy orders at the levels of 0.0056 and below are still interesting.

http://cointelegraph.com/news/115942/daily-altcoin-price-analysis-losing-trust

Throughout yesterday Bitcoin’s price was shivering between $430 and $440. Strengthening of the dollar continues to pressure Bitcoin. Furthermore, after two weeks of BitcoinCT r:  2 growth from $380 to $458, we should now expect a price correction.

US GDP data released yesterday turned out to be higher than predicted, but still were lower than in the previous period (actual 2.0%, forecasted 1.9%, but previous 2.1%).

Today an important block of Statistics that should highlight the main index for personal consumption expenditures in November (forecasts 0.1% against previous 0.0%) will be published in the United States at 1:30 p.m. London time (GMT). Data on changes in the volume of orders for durable goods in November (forecast -0.6%, previous 0.3%) should also be published today. Also at 3:00 p.m. we expect the release of data on Real Estate sales in November (forecast 505,000, previous 495,000), and at 3:30 p.m. new data on crude oil Stocks (forecast 1,433M. 4,801M the previous value).




http://cointelegraph.com/news/115941/daily-bitcoin-price-analysis-bitcoin-vs-dollar-is-the-parity-found

Texas has proven to be a frontline state within the Bitcoin and BlockChain ecosystem. Sam Castaneda speaks with cointelegraph on the peculiar characteristics of the state and why they have led in breaking new grounds within the ecosystem and milestones that have been achieved by the people of Texas.

Sam Castaneda is the Co-Founder of UTXO, a Bitcoin company based in Texas. Sam was born in south Texas and moved to Houston to pursue economics at the university of Houston. Sam proudly says:

“I have been a Texan all my life.”


http://cointelegraph.com/news/115940/bitcoin-is-well-aligned-with-the-texan-culture

Bitcoin season seven—on the web since 2008!—is drawing to a close, and it’s clear that the writers have started to run out of ideas. Earlier seasons of the series had their fair share of drama, like in season six when the gigantic Mt. Gox exchange imploded, taking millions of dollars worth of Bitcoin with it, but even that doesn’t compare to the show’s recent “wacky” phase, where it seems like anything goes.

Without a doubt, 2015 was the craziest year yet for Bitcoin, the virtual currency that, in the last six years, has gone from a niche hobby for people who’ve read Neuromancer to being on the cover of Bloomberg Businessweek.

This year, the stakes got higher, the hunt for Bitcoin’s anonymous creator intensified, and the resulting drama threatened to tear the cryptocurrency community apart. Welcome to the big show, folks.

http://motherboard.vice.com/en_ca/read/heres-what-the-hell-happened-in-bitcoin-in-2015

 In a Reuters article published today, bitcoin price is speculated to see a bullish spike in 2016 due to the upcoming halving of mining rewards, due to happen in July 2016.

Bitcoin has had a memorable year. Wider adoption; increased trading; the Silk Road investigation with its corrupt agents and bitcoin auctions ; a Russian Ponzi scheme operating in China; various economic factors in China; the recent ‘unmasking’ of Satoshi Nakamoto in the form of Craig Wright; Wall Street’s fawning over blockchain technology while predictably ignoring bitcoin among other incidents have all been factors in thrusting the cryptocurrency under the mainstream spotlight.

https://www.cryptocoinsnews.com/bitcoin-headlines-reuters-publishes-a-bitcoin-price-article-predicting-record-highs-in-2016/

2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason - slower growth in the money supply.

Bitcoin is a web-based "cryptocurrency" used to move money around quickly and anonymously with no need for a central authority. But despite being championed by some as the digital money of the future, it is often dismissed as a currency that is too volatile to invest in.

The reason 2016 looks set to be different is that bitcoin's price is likely to be driven in large part by similar factors to a traditional fiat currency, following the age-old principles of supply and demand.

http://www.reuters.com/article/us-global-markets-bitcoin-analysis-idUSKBN0U60GM20151223

Daniel Masters, co-founder of Jersey-based Global Advisors’ multi-million dollar bitcoin hedge fund, said that the price of bitcoin could make it above $1,100 next year and then pick up speed to rise to $4,400 by the end of 2017.

According to Masters, this possible trend would be due to a number of factors, such as an increased acceptance of payments in bitcoin by big companies, and the authorities’ increased interest and investment in the blockchain technology. In addition, increased demand from China is also expected as the nation’s currency weakens and the economy slows.



Read more: http://www.itproportal.com/2015/12/23/get-ready-for-bitcoin-boom-in-2016/#ixzz3v9u3QIwb