Bitcoin Price Analysis!

[jeomses]

Some ideas for the first six months of 2014!

- Trying to find the time in which banks and large institutions will "start" to buy! (because already started).
- It is necessary that the bitcoin fall over.
- Weekly Review of Bitcoin price!

Bitcoin analysis!

- Can break the resistance and continue to climb. But in my opinion I doubt it breaks easily! It's a good time to wait and see what happens!
- It seems the end of this climb! Share your opinion!

http://s28.postimg.org/w1g1hzdl9/s1_bitcoin.png

[RyNinDaCleM]

Hello to all.
I want to create something like this for us to think and reflect on the movements of Bitcoin. There is no doubt that the technology of the BTC is here to stay!
My English is not perfect I accept corrections and donations!
Thank you all!

Some ideas for the first six months of 2014!

- Trying to find the time in which banks and large institutions will "start" to buy! (because already started).
- It is necessary that the bitcoin fall over.
- Weekly Review of Bitcoin price!

Bitcoin analysis!

- Can break the resistance and continue to climb. But in my opinion I doubt it breaks easily! It's a good time to wait and see what happens!
- It seems the end of this climb! Share your opinion!


http://postimg.org/image/y60ej2f7t/full/

Fixed your image, but it's not clickable.
Edit:
Link added

[HeliKopterBen]

Yes a break of 1060 is definitely a bullish sign, but it will probably stagnate for a while before significantly breaking that line, if it does.

[jeomses]

Week 2 events.
- Countries around the world emit warnings about bitcoin! Small acceptance.
- Countries discuss internally whether or not to tax the bitcoin!
- The use of bitcoin by large companies like Overstock or Zynga has provoked movements of about 10%
- Small businesses that accept bitcoin has not caused major moves!

Some thoughts:
- If it break the $ 860 should drop to near $ 500

My position:
- Bear

Chart
http://s16.postimg.org/4nozxgfht/s2_bitcoin.jpg

[jeomses]

- Beware! We are seeing a huge market manipulation!
- Over the weekend, I'll post another review of the price of BTC!



"To grow very tall and strong, you first need to sink!"

[Rdeschain]

- Beware! We are seeing a huge market manipulation!

Care to elaborate a bit?

[Lethn]

What he means is some rich guy is fucking with the price to make everyone else buy it up as well so that he can make money and watch it all come crashing down, it's called 'pump and dump' usually and is the kind of thing I saw happen recently with PPC and Doge coin, luckily in these markets it's actually really easy to spot.

[outofservice]

What he means is some rich guy is fucking with the price to make everyone else buy it up as well so that he can make money and watch it call come crashing down, it's called 'pump and dump' usually and is the kind of thing I saw happen recently with PPC and Doge coin, luckily in these markets it's actually really easy to spot.

+1

[jeomses]

Week 3 events.
- Countries around the world continue to issue warnings about bitcoin!
- Banking industry and government demand controls were needed to ensure that illicit transactions could not take place. Regulation was needed to “legitimize” the digital currency
- Asian markets like China and India continue debating restrictions on virtual currencies like bitcoin and litecoin.
- Chinese Central Bank Official: “We don’t want to suppress or discriminate against bitcoin, we are simply saying it is not a currency.”
- More and more businesses continue to accept BTC
- US Government announces it Will Sell almost 30,000 of Silk Road Bitcoins

Some thoughts:
- Bitstamp: If it break $760 should drop to near $520
- Gox: If it break the $860 should drop to near $500
- We continue on a downtrend!
- There is a small chance of climbing! With resistances in the $850 $900 and $1,000

My position:
- Bear

Chart:
From now on Bitstamp chart
http://s24.postimg.org/qgwbecxox/s3_bitcoin.jpg

[jeomses]

- Bitcoin is a revolutionary technology, never before imagined!
- Right now it has the power to upset financial institutions, banks!
- Countries lost the ability to have the financial control of the nation!
- People have control of their own money!
- Facilitates money laundering by companies and bad guys!
- Allows you to transfer quickly, cheaply and anonymously!

This is what most think! However there is almost no truth in it!

[T.Stuart]

- Bitcoin is a revolutionary technology, never before imagined!
- Right now it has the power to upset financial institutions, banks!
- Countries lost the ability to have the financial control of the nation!
- People have control of their own money!
- Facilitates money laundering by companies and bad guys!
- Allows you to transfer quickly, cheaply and anonymously!

This is what most think! However there is almost no truth in it!

Are you feeling all right?

[jeomses]

Are you feeling all right?

Yes I am! And you?

[Ducky1]

- Bitcoin is a revolutionary technology, never before imagined!
- Right now it has the power to upset financial institutions, banks!
- Countries lost the ability to have the financial control of the nation!
- People have control of their own money!
- Facilitates money laundering by companies and bad guys!
- Allows you to transfer quickly, cheaply and anonymously!

This is what most think! However there is almost no truth in it!

Are you feeling all right?

He has no coins on his account so he is probably in very poor condition.

[T.Stuart]

Are you feeling all right?

Yes I am! And you?

Right as rain thanks!

[ShakyhandsBTCer]

thanks for your thoughts. i'm always trying to keep a balanced view.

[jeomses]

"One day when you guys can not buy anything unless with digital money, you will wish that bitcoin had never been invented!"

[outofservice]

"One day when you guys can not buy anything unless with digital money, you will wish that bitcoin had never been invented!"

If this happens it will be a few generations (at least) from now and when that happens ppl will look for something to get around "the system" much like ppl are doing now with Bitcoin.
I'd expect gold, and maybe silver, to become that physical currency and be worth more than ever imagined. Something similar to an underground/black-market type of scenario I suspect.

As history has shown since the beginning of time, ppl always find a way.

[seleme]

I couldn't give less shit what financial system would look alike in next few generations 

[knightcoin]

I couldn't give less shit what financial system would look alike in next few generations 

California Dreamin ... into financial industry

[jeomses]

Week 4 events.
- For many countries and banks still lacking regulations for BTC.
- More companies appear to accept payment in BTC.
- Great publicity about bitcoin in the world press.
- BTC remains in the same values! Lateralization!


Some thoughts:
- Markets relatively calm and waiting because:
  - (NYDFS) held, on 28th and 29th of January, a public hearing that may determine a way to regulate digital currencies.
  - Chinese New Year begins Jan. 31
  - Companies currently offering services must end services by the Chinese New Year, a weeklong holiday that begins on Jan. 31

- Bitcoin remains very manipulated. MtGox for example has been used to manipulate the market.
- Most bitcoins are, in fact, in the hands of a very few people.


My position:
- It's time to wait until the end of the week!
- But my position remains bear!


Chart:
http://s30.postimg.org/wguzm492p/s4_bitcoin.jpg