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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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telemaco
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May 04, 2013, 06:22:43 PM |
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are we in a upward trend or not?
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underground_
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May 04, 2013, 06:24:07 PM |
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are we in a upward trend or not?
What kind of time-frames are you asking about? |
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telemaco
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May 04, 2013, 06:32:32 PM |
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Not sure what to answer. On H1 the emas comparison has been bearish from april 30 (143) until today 5:00 am (95) that seems to go upwards but seriously i don't know what to think.
I feel i am unable to follow the bitcoin value, always too soon, too late, too short, too long. It seems this is not for me. I entered at 30 on feb-march but i cannot recall how many mistakes i have done up to this time.
Starting to get really tired. I think i am getting more money from just investing on normal stocks. It is taking so many hours for just mistake after mistake. This is like a rollercoaster. I am more for fundamentals medium term and this is not playing good for me.
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Its About Sharing
Legendary
 Offline
Activity: 1442
Merit: 1000
Antifragile
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May 04, 2013, 06:32:52 PM |
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I didn't notice that part you quoted but it stood out to me in the argument. WOW!!! This is so huge it makes Cypress seem, like well, Cypress.  I wonder why the Government would be behind it and my first reaction/feeling is that they are probably sick and tired of the USD and the bond issue that comes with it. In a way, other governments embracing BTC (and other crypto-currencies) is a way of combating American Hegemony. Think about that... China is sort of like another MtGox volume influence, maybe at the least. Have to ponder this one, oh my... I am pretty leery now of selling based on just TA in light of this news. You never know what will happen... Thanks for posting that reddit link, I will have to read the thread there. IAS |
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telemaco
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May 04, 2013, 06:54:42 PM |
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Oh well. a moment of weakness. Going back to check bitcoin graph  |
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elux
Legendary
Offline
Activity: 1458
Merit: 1006
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May 04, 2013, 07:09:53 PM |
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Frozenlock
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May 04, 2013, 07:10:34 PM |
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The contrary would have scared me.
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batcoin
Full Member
Offline
Activity: 238
Merit: 100
In Gord We Trust
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May 04, 2013, 07:13:33 PM |
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I can't imagine anything better than the debit card system. If I can't imagine it, then not one else can either, so it most certainly cannot ever happen. |
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Odalv
Legendary
Offline
Activity: 1400
Merit: 1000
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May 04, 2013, 07:18:58 PM |
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Looks like time for $122
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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May 04, 2013, 07:20:33 PM |
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I can't imagine anything better than the debit card system. If I can't imagine it, then not one else can either, so it most certainly cannot ever happen. Who cares? Buffet doesn't invest in things he cannot understand. |
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d5000
Legendary
Offline
Activity: 3892
Merit: 5995
Decentralization Maximalist
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May 04, 2013, 07:24:03 PM |
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Looks like time for $122
I guess 118/19 - 111 - 124. |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 04, 2013, 07:24:43 PM |
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I can't imagine anything better than the debit card system. If I can't imagine it, then not one else can either, so it most certainly cannot ever happen. Who cares? Buffet doesn't invest in things he cannot understand. Funny considering the popularity of the Fear&Greed quote here. Do I sense a slight bit of hypocrisy here? |
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Odalv
Legendary
Offline
Activity: 1400
Merit: 1000
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May 04, 2013, 07:26:53 PM |
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Looks like time for $122
I guess 118/19 - 111 - 124. Bear trap confirmation ? |
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 04, 2013, 07:36:09 PM |
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Well bored. I thought we will hang around 110 - 115 for two or three hours but a day or two seems more likely now.
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SAQ
Newbie
Offline
Activity: 56
Merit: 0
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May 04, 2013, 07:49:15 PM |
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Yup, this 85 year old man has heard about bitcoins. That suggests that we are reaching mainstream time. 1000 by December? This by the way would mean that bitcoins has a market cap of only 11 billion. Isn't that no more than the yearly profits of one major bank? |
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Crazy
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May 04, 2013, 07:52:10 PM |
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Stop worrying about if someone heard of something, worry about how you can use the damn thing. That's what matters.
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 04, 2013, 07:52:34 PM |
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Yup, this 85 year old man has heard about bitcoins. That suggests that we are reaching mainstream time. 1000 by December? This by the way would mean that bitcoins has a market cap of only 11 billion. Isn't that no more than the yearly profits of one major bank? No it suggests that we have reached market saturation. We're out of suckers. |
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KillaMarci
Member
Offline
Activity: 84
Merit: 10
Bitcoin Mininode...and proud!
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May 04, 2013, 07:53:11 PM |
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Drinking game anyone? One shot for every $111.11 trade! Woosh! |
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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May 04, 2013, 07:55:38 PM |
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Looks like time for $122
I guess 118/19 - 111 - 124. I propose the 2nd retracement to 106 (instead of 111), otherwise I hardly make any money. |
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