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Author Topic: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)  (Read 253110 times)
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Fakhoury
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December 15, 2016, 07:37:39 PM


News URL : http://www.newsbtc.com/2016/12/14/bitcoin-atms-u-s-see-continued-growth/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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December 15, 2016, 07:38:13 PM


News URL : https://www.engadget.com/2016/12/14/bitcoin-activity-in-india-has-doubled-since-the-banknote-ban/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 15, 2016, 07:40:42 PM


News URL : https://www.youtube.com/watch?v=EijncAH83NQ&feature=em-uploademail

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 15, 2016, 07:42:30 PM


News URL : https://breadwallet.com/blog/us-and-canadian-ios-users-invited-beta-test-buying-bitcoin-cash-through-breadwallet/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 15, 2016, 07:44:06 PM


News URL : http://money.cnn.com/2016/12/14/news/economy/federal-reserve-rate-hike-december/index.html

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 15, 2016, 07:48:01 PM


News URL : https://www.cryptocoinsnews.com/bitcoin-segwit-privacy-trace-mayer/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 15, 2016, 07:54:03 PM


News URL : https://cointelegraph.com/news/china-bond-bubble-bursts-yuan-weakens-bitcoin-surge-imminent

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 15, 2016, 08:17:14 PM



I consider this article to be a bit bearish...

The thrust of the article seems to predict that bitcoin peaks below $1000  in the end of January and then experiences a considerable price reversal..

I've read the article and I've the author is neutral brother, he used the Japanese candle stick theory and said we can reach $1,300 but there is possibility we could touch $1,000 and correct for a bit.

As you are experienced and know that correction is a must and healthy for upward movement or RALLY Cheesy
 


It should be expected that folks (even bullish or quasi-bullish folks) are going to have various nuances in their opinions regarding resistance points and likely factors that can affect momentum in either direction.

I, personally, don't consider $1,000 to be one of those resistance points that matter as much as some folks make it out to be.. Sure there is a possibility that it ends up being a bigger resistant point than I currently expect, and I am prepared to either change my position or to admit that I was wrong, if it plays out in a way that is inconsistent with my current expectations.

Another thing is that I never really assert that I have any meaningful insight, only that I believe that some scenarios are more plausible than others, and currently, I find the $1,000 resistant scenario to be more of a unsophisticated and unlikely scenario... maybe less than 25% chance of occurring.  

So, I personally, will keep to harp on what I believe to be more likely scenarios, even when my portfolio is prepared for a large number of nuances and deviations from more likely scenarios.  

I am also of the belief that bitcoin's market cap remains sufficiently low in order that a relatively low level of capital can actually push the market in a way that would have previously been considered an unlikely scenario.. but some whales do happen to have such abilities to employ such unexpected directions from time to time, especially when they can play on momentum or changes in momentum.

 

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December 15, 2016, 08:20:24 PM


It is worth it in and of itself to view such a cool map.

 

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December 15, 2016, 10:47:29 PM



nice optimistic interview with a bit of a pro-seg wit twist.

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December 16, 2016, 06:13:51 PM



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There are no official statistics on the number of bitcoin users in the country, but according to the brokerage website Surbitcoin.com a platform allowing Venezuelans to buy and sell bitcoins in exchange for bolivars the number of users has increased from 450 in August 2014 to more than 85,000 in November 2016.

News URL: https://www.theguardian.com/technology/2016/dec/16/venezuela-bitcoin-economy-digital-currency-bolivars

=P
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December 16, 2016, 06:39:48 PM



I consider this article to be a bit bearish...

The thrust of the article seems to predict that bitcoin peaks below $1000  in the end of January and then experiences a considerable price reversal..

I've read the article and I've the author is neutral brother, he used the Japanese candle stick theory and said we can reach $1,300 but there is possibility we could touch $1,000 and correct for a bit.

As you are experienced and know that correction is a must and healthy for upward movement or RALLY Cheesy
 


It should be expected that folks (even bullish or quasi-bullish folks) are going to have various nuances in their opinions regarding resistance points and likely factors that can affect momentum in either direction.

I, personally, don't consider $1,000 to be one of those resistance points that matter as much as some folks make it out to be.. Sure there is a possibility that it ends up being a bigger resistant point than I currently expect, and I am prepared to either change my position or to admit that I was wrong, if it plays out in a way that is inconsistent with my current expectations.

Another thing is that I never really assert that I have any meaningful insight, only that I believe that some scenarios are more plausible than others, and currently, I find the $1,000 resistant scenario to be more of a unsophisticated and unlikely scenario... maybe less than 25% chance of occurring.  

So, I personally, will keep to harp on what I believe to be more likely scenarios, even when my portfolio is prepared for a large number of nuances and deviations from more likely scenarios.  

I am also of the belief that bitcoin's market cap remains sufficiently low in order that a relatively low level of capital can actually push the market in a way that would have previously been considered an unlikely scenario.. but some whales do happen to have such abilities to employ such unexpected directions from time to time, especially when they can play on momentum or changes in momentum.

 


The ATH itself is a tough psychological resistance my dear JJG and regarding the resistances in general, it differ from someone to another but in the end, we agree on major headlines like the one I've stated in the beginning of the sentence (I'm lazy, I know  Cheesy)

What I belief is, bitcoin is here to stay, and depending on when you will see this reply (after/before readings today's articles) to will know what I mean Wink

Oh, just look at what my bullish buddy (Julian071) posted, this is one of the news I was going to post.


It is worth it in and of itself to view such a cool map.

 

As time moves, you will see the map gets darker and darker Tongue


SegWit will get activated, don't worry (just a matter of time) Wink



Quote
There are no official statistics on the number of bitcoin users in the country, but according to the brokerage website Surbitcoin.com a platform allowing Venezuelans to buy and sell bitcoins in exchange for bolivars the number of users has increased from 450 in August 2014 to more than 85,000 in November 2016.

News URL: https://www.theguardian.com/technology/2016/dec/16/venezuela-bitcoin-economy-digital-currency-bolivars

Thank you so much my dear bullish friend (Julian071), waiting to see more from you please Smiley

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:41:04 PM


News URL : https://twitter.com/NicolasDorier/status/809740914977452033

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:42:52 PM


News URL : http://www.finews.asia/finance/23618-brigitte-strebel

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:43:37 PM


News URL : http://bitcoinist.com/zug-swiss-bitcoin-payment-permanent/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:44:37 PM


News URL : https://news.wallet.mycelium.com/update-for-december-more-bitcoin-buying-choices/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:48:48 PM


News URL : https://www.bloomberg.com/news/articles/2016-12-16/bitcoin-s-rally-crushed-every-other-currency-in-2016-here-s-why

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:49:46 PM


News URL : https://www.reddit.com/r/Bitcoin/comments/5ilzn8/when_i_travel_to_the_philippines_i_can_withdraw/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:50:33 PM


News URL : https://www.wired.com/2016/12/overstock-com-issues-stock-via-bitcoin-blockchain/

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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December 16, 2016, 06:52:20 PM

LocalBitcoins added to the list of SegWit implementors. Segwit Ready: 33, work-in-progress: 26, planned: 25.


News URL : https://bitcoincore.org/en/segwit_adoption/?d=2016-12-15

Quote from:  Satoshi Nakamoto
Feb. 14, 2010: I知 sure that in 20 years there will either be very large transaction volume or no volume.
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