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Author Topic: Analysis  (Read 941450 times)
rebuilder
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November 11, 2014, 12:29:13 PM
 #2101

user in Reddit contradicts the news

lol

Here is the link to the Ukranian bank's warning. You can read it with google translate.

http://bank.gov.ua/control/uk/publish/article?art_id=11879608&cat_id=80928

It does not say bitcoin has been banned, merely that it cannot be used as a means of payment in Ukraine. Here's the translation

Given the above, the National Bank of Ukraine considers "virtual currency / Cryptocurrency " Bitcoin as a money substitute that is not providing real value and can not be used by individuals and entities on the territory of Ukraine as a means of payment, because it is contrary to the norms of Ukrainian legislation

It also says the National Bank of Ukraine is not liable for risks and losses associated with the use of bitcoin. Here's the translation

We emphasize that the risks for use in the calculation of "virtual currency / Cryptocurrency " Bitsoin responsible party payments for them. National Bank of Ukraine as a regulator is not liable for risks and losses associated with the use of "virtual currency / Cryptocurrency " Bitsoin.


This - from the googletranslated article, it appears Ukraine's existing laws ban the use of currencies not issued by the central bank for payments, and they've clarified that Bitcoin falls under this category, and is therefore not to be used for payments. It's not exactly a full ban but it's also not just them washing their hands of the matter.

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1715375662
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belmonty
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November 11, 2014, 12:33:25 PM
 #2102

It appears it's still legal to buy bitcoins in Ukraine though, and the initial articles claimed it was completely banned.
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November 11, 2014, 12:36:29 PM
 #2103

user in Reddit contradicts the news

lol

Here is the link to the Ukranian bank's warning. You can read it with google translate.

http://bank.gov.ua/control/uk/publish/article?art_id=11879608&cat_id=80928

It does not say bitcoin has been banned, merely that it cannot be used as a means of payment in Ukraine. Here's the translation

Given the above, the National Bank of Ukraine considers "virtual currency / Cryptocurrency " Bitcoin as a money substitute that is not providing real value and can not be used by individuals and entities on the territory of Ukraine as a means of payment, because it is contrary to the norms of Ukrainian legislation

It also says the National Bank of Ukraine is not liable for risks and losses associated with the use of bitcoin. Here's the translation

We emphasize that the risks for use in the calculation of "virtual currency / Cryptocurrency " Bitsoin responsible party payments for them. National Bank of Ukraine as a regulator is not liable for risks and losses associated with the use of "virtual currency / Cryptocurrency " Bitsoin.


yes like in most countries only the national currency can be used as a means of payment in that country...  i swear there is some group that comes out with these bullshit articles every week

last week it was "thousands of bitcoin companies will get SEC letters"

whoever these people are they need to get punched in the face (no i don't care about your dumb libertarian no violence motto)
davidorentol
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November 11, 2014, 01:03:27 PM
 #2104





what happened with   

Wake me up at 500, I'll post next analysis.

Cheesy Cheesy

What is your last predriction ,500 or 200 ?  Cheesy or maybe 50 or 1599?  Grin
Barney
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November 11, 2014, 02:04:52 PM
 #2105

And what? Nobody is perfect, Luc is right  in most cases. He shares his knowledge for free and its a big deal for those who trade\learns to trade.

masterluc (OP)
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November 12, 2014, 06:08:32 AM
 #2106

h&s target reached



vphen
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November 12, 2014, 06:42:24 AM
 #2107

so usually , what will happen after h&s target reached
masterluc (OP)
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November 12, 2014, 06:50:10 AM
 #2108

local top

mybitcoincharts
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November 12, 2014, 08:14:50 AM
 #2109


what happened with   

Wake me up at 500, I'll post next analysis.

Cheesy Cheesy

What is your last predriction ,500 or 200 ?  Cheesy or maybe 50 or 1599?  Grin

No, lucif said only a rise above 500 would invalidate the current count that leads to the ~200 low.
davidorentol
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November 12, 2014, 08:54:58 AM
 #2110


what happened with   

Wake me up at 500, I'll post next analysis.

Cheesy Cheesy

What is your last predriction ,500 or 200 ?  Cheesy or maybe 50 or 1599?  Grin

No, lucif said only a rise above 500 would invalidate the current count that leads to the ~200 low.

No,lucif said Wake me up at 500
mybitcoincharts
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November 12, 2014, 09:03:04 AM
 #2111


what happened with   

Wake me up at 500, I'll post next analysis.

Cheesy Cheesy

What is your last predriction ,500 or 200 ?  Cheesy or maybe 50 or 1599?  Grin

No, lucif said only a rise above 500 would invalidate the current count that leads to the ~200 low.

No,lucif said Wake me up at 500

Yes, but you ripped that quote out of its context. Read the few pages before your quote and enlightenment will shine upon thee.
maxll
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November 12, 2014, 09:09:42 AM
 #2112

Sect.
masterluc (OP)
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November 12, 2014, 09:21:50 AM
 #2113

Market changes quick. Way to 500 will mean reversal. My estimated odds are about 40%. It should realize if 420 lower high will be broken to upside.

Most preferable count for me now I posted above. 60%.

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November 12, 2014, 09:31:35 AM
 #2114

Market changes quick. Way to 500 will mean reversal. My estimated odds are about 40%. It should realize if 420 lower high will be broken to upside.

Most preferable count for me now I posted above. 60%.

master, you are an oracle. i have been following your posts for a long time.  but i dont always understand what you say (combination of me not being TA expert, english not being your first language).  can somebody possibly translate this?

is he saying if we go to 500 we would immediately see a reversal in price?  if 420 is broken, then we see 500?  odds are 40% of what happening?
masterluc (OP)
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November 12, 2014, 09:53:48 AM
 #2115

Odds are 40% for 420 broken and then 500 reached.

60% for incomplete impulse down from 680 will continue after triangle (triangle not formed well yet)

masterluc (OP)
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November 12, 2014, 10:26:05 AM
 #2116

My words explained in short term



oda.krell
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November 12, 2014, 10:39:23 AM
 #2117

My words explained in short term




Nice visual summary, thanks. I have a preference for what I'd like to see, but I appreciate your analysis, as always. One thing : I like the current volume. It's, imo, the strongest argument in favor of upwards breakout.

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windjc
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November 12, 2014, 11:32:01 AM
 #2118

My words explained in short term




Nice visual summary, thanks. I have a preference for what I'd like to see, but I appreciate your analysis, as always. One thing : I like the current volume. It's, imo, the strongest argument in favor of upwards breakout.

Agreed. That and China is leading with some force.
hdbuck
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November 12, 2014, 11:42:13 AM
 #2119

My words explained in short term




Nice visual summary, thanks. I have a preference for what I'd like to see, but I appreciate your analysis, as always. One thing : I like the current volume. It's, imo, the strongest argument in favor of upwards breakout.

Agreed. That and China is leading with some force.

and fake volumes.
oda.krell
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November 12, 2014, 11:45:52 AM
 #2120

and fake volumes.

Maybe. But that's like saying 'willy drove price to ~1200'. Might be true, but price still got there (briefly Tongue).

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