creekbore
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Lazy, cynical and insolent since 1968
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February 09, 2014, 10:08:34 AM |
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The only regulation you need is the only one that's just and valid -- enforcement of the rule of law. Bitcoin's made it this far without regulatory hogwash, and it can exist forever without it.
But whose 'rule of law'? I'm not suggesting regulation by a single government but I do think the BTCFoundation should set up some sort of regulatory framework for exchanges etc to provide newcomers with a level of assurance. That is, we (the people who support and cherish crypto) should do it ourselves before others impose it. Anyway, i don't want to hijack chessnuts thread with reg talk...just my 2cents.
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"Markets always move in the direction to hurt the most investors." AnonyMint "Market depth is meaningless" AdamstgBit
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chessnut
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February 09, 2014, 10:14:21 AM |
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The only regulation you need is the only one that's just and valid -- enforcement of the rule of law. Bitcoin's made it this far without regulatory hogwash, and it can exist forever without it.
But whose 'rule of law'? I'm not suggesting regulation by a single government but I do think the BTCFoundation should set up some sort of regulatory framework for exchanges etc to provide newcomers with a level of assurance. That is, we (the people who support and cherish crypto) should do it ourselves before others impose it. Anyway, i don't want to hijack chessnuts thread with reg talk...just my 2cents. thats ok, it's notmy thread =P Im pretty sure bitcoin simply cannot be regulated, people using bitcoin may be regulated by government, but by the bitcoin foundation? they would be laughed at and probably unpopular with their followers.
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Zarathustra
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February 09, 2014, 10:18:30 AM |
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Post Elliot wave counts and predictions for the short, medium or long term. Please include charts and short description. Please, NO Elliot Wave bashing. Leave that for another thread. Edit: Spelling Ellio tt, please.
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Nathanael_ (OP)
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February 09, 2014, 06:37:45 PM |
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Post Elliot wave counts and predictions for the short, medium or long term. Please include charts and short description. Please, NO Elliot Wave bashing. Leave that for another thread. Edit: Spelling Ellio tt, please. NOOOOOOOOO!!!!! oops
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chessnut
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February 09, 2014, 09:56:53 PM |
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Nice forecase yesterday Nathanael hit 750 on Bitstamp.
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segeln
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February 09, 2014, 10:14:59 PM |
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Post Elliott wave counts and predictions for the short, medium or long term. define medium and short please. It is bit unfortunate to predict any TA ("conventional" or EW) in "goxed" situations like now . Because the impact and the dynamic of bitcoin in those situations is to múch for propper "following " any lines
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RyNinDaCleM
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Legen -wait for it- dary
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February 09, 2014, 11:07:45 PM |
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Post Elliott wave counts and predictions for the short, medium or long term. define medium and short please. It is bit unfortunate to predict any TA ("conventional" or EW) in "goxed" situations like now . Because the impact and the dynamic of bitcoin in those situations is to múch for propper "following " any lines I would have to say Hours to days, up to a week would be short term. Medium term would be weeks to months, and long term would be years. You can also have intermediate time frames and say short-mid term for weeks to a couple of months, or very short term would be the next few sub-waves.
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segeln
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February 10, 2014, 09:24:01 AM |
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Post Elliott wave counts and predictions for the short, medium or long term. define medium and short please. It is bit unfortunate to predict any TA ("conventional" or EW) in "goxed" situations like now . Because the impact and the dynamic of bitcoin in those situations is to múch for propper "following " any lines I would have to say Hours to days, up to a week would be short term. Medium term would be weeks to months, and long term would be years. You can also have intermediate time frames and say short-mid term for weeks to a couple of months, or very short term would be the next few sub-waves. Thanks, but I wanted the Definition of OP.Just for relating them to his charts short term up to a week :aggreed medium term >1 week up to 6 months longterm > 6 months These are my definitions
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Nathanael_ (OP)
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February 11, 2014, 07:48:48 PM |
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Here are my Bitstamp targets LIVE chart: https://www.tradingview.com/v/AQUcTw6S/https://i.imgur.com/qDrOruO.pngIm guessing C wave will be at LEAST 61% of wave A (which would take us down to 343 zone) That area also acted as support in the past. All these fib zones are realistic targets, including the 45 (a 100% retracement of A) Something to keep in mind, the higher fib we bounce from, the harder and faster the bull run will be after.
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Nathanael_ (OP)
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February 11, 2014, 11:38:19 PM |
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Post Elliott wave counts and predictions for the short, medium or long term. define medium and short please. It is bit unfortunate to predict any TA ("conventional" or EW) in "goxed" situations like now . Because the impact and the dynamic of bitcoin in those situations is to múch for propper "following " any lines I would have to say Hours to days, up to a week would be short term. Medium term would be weeks to months, and long term would be years. You can also have intermediate time frames and say short-mid term for weeks to a couple of months, or very short term would be the next few sub-waves. Thanks, but I wanted the Definition of OP.Just for relating them to his charts short term up to a week :aggreed medium term >1 week up to 6 months longterm > 6 months These are my definitions Not really concerned, just want to see some EW ideas for any timeframe really
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creekbore
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Activity: 210
Merit: 100
Lazy, cynical and insolent since 1968
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February 12, 2014, 03:59:26 AM |
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And "do what thy will shall be the whole of the law" Unfortunately, philosophy doesn't cut it in the courts.
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"Markets always move in the direction to hurt the most investors." AnonyMint "Market depth is meaningless" AdamstgBit
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