Nights Watch by Afrikoin

[Afrikoin]

chart?

please share

[Afrikoin]

As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
Some predict a speculative rush if SEC approves a new fund in March

https://www.wsj.com/articles/irrational-exuberance-for-bitcoin-etfs-1486350601

[Afrikoin]

my friend Tim from Nigeria: the man running the only Bitcoin Node In West Africa

https://motherboard.vice.com/en_us/article/meet-the-man-running-the-only-bitcoin-node-in-west-africa

[Afrikoin]

First time to be seen: 50.03 percent of nodes running core 0.13.1 and 0.13.2! Plus those few 0.13.99, the majority of fullnodes is pro-segwit!







Segwit is a new type of transaction that solves a lot of issues and allows for a lot of new features to be added more easily/safely.
To name a few things it does... segwit transactions reduce the amount of space needed by the main blockchain as the witness data that can later be discarded is put in a separate data structure.
Segwit transactions also solve malleability issues which is a serious headache for developers building ontop of bitcoin. It also allows for future expansion of new features such as making bitcoin truly fungible which needs to happen at some point. It also makes the Lightning Network that is in development are much cleaner solution.
What they are saying is the number of computers running the full bitcoind client that is capable of understanding and issuing segwit style transactions is over 50%.
The marker for it actually being usable however is the number of the mining nodes supporting segwit (i.e. bitcoind clients but they are actually running mining hardware), this needs to be > 95% before segwit transactions can be activated to be safe but this is still stuck at 23%.
https://coin.dance/blocks/proposals
Guess what OP is trying to highlight is that most users are keen on seeing SegWit approved but the miners are still holding off. I don't know why they are holding off adopting it but I guess they have their reasons...

[Afrikoin]

Needham’s Insights Into Factors Affecting SEC’s Decision on Bitcoin ETFs

https://news.bitcoin.com/needham-insights-factors-sec-bitcoin-etf/

[Afrikoin]

Seeking Alpha

Bitcoin ETF Approved In March 2017: A Black Swan With Asymmetric Risk/Reward

http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward

[Afrikoin]

[Afrikoin]

1/ With a decision nearing on the Winklevoss & SolidX #bitcoin ETFs, the premium that $GBTC trades at has collapsed from 50% to 5%


https://twitter.com/ARKblockchain/status/830449521327009794

[Afrikoin]

[josegines]

is possible link?

[Afrikoin]

  By correction he is trying to narrate the movement of the chart regardless of opinions for fundamental or quality either side.

my personal view  I believe bitcoin is acting strongly or it appears to be well past some kind of obvious play to a downside such as 700
I thought the Chinese New Year might have more influence but wider aspects such as Trump and Chinese government abductions of some of the worlds richest citizens might be far more important

It fits within fib levels very neatly?  Is this a weak looking situation to people really

Look at this last recovery, thats pretty impressive

[Afrikoin]

Annual returns of @facebook, @amazon, @netflix & @Google vs #bitcoin, since Facebook's IPO on May 18, 2012.

[Afrikoin]

Bitcoin price chart from October 2016 before the rise to $1100

I have a thought that we might retest the rising trendline in blue. As one of many outcomes

[btc4lifer]

https://www.tradingview.com/x/xRSppSX5/

It is all corrective since 1140.

[Afrikoin]

It is all corrective since 1140.

[Afrikoin]

China bitcoin trading volume plummets as exchanges introduce fees and stop allowing margin lending after scrutiny

Bitcoin trading shrivels under Chinese government's glare

http://www.reuters.com/article/us-china-bitcoin-volume-idUSKBN15P15U

[Afrikoin]

China bitcoin trading volume plummets as exchanges introduce fees and stop allowing margin lending after scrutiny

Bitcoin trading shrivels under Chinese government's glare

http://www.reuters.com/article/us-china-bitcoin-volume-idUSKBN15P15U

Bitcoin-yuan trades made up 98% of market share, but this is now around 26%

http://www.cnbc.com/2017/02/10/bitcoin-drops-by-100-as-chinas-central-bank-corrals-the-market.html

[Afrikoin]

China bitcoin trading volume plummets as exchanges introduce fees and stop allowing margin lending after scrutiny

Bitcoin trading shrivels under Chinese government's glare

http://www.reuters.com/article/us-china-bitcoin-volume-idUSKBN15P15U

Bitcoin-yuan trades made up 98% of market share, but this is now around 26%

http://www.cnbc.com/2017/02/10/bitcoin-drops-by-100-as-chinas-central-bank-corrals-the-market.html

How is this possible?

how do volumes just vanish?

[Afrikoin]

[Afrikoin]