XTrade, it is as lady_luck explained it: Bitcoin mining is basically now only for purpose built rigs consisting of either 5-6 high-end AMD Radeon graphics cards with masses of cooling or banks of ASIC FGPU chips. If you're really into it you can ...

Bitcoin technical analysis

2 days ago on 19 Jan I opened a support ticket at BTC-e because MT4 would not connect. Just now I got this response: Good that they offer to look into issues of loss due to the error on their part. Luckily I was unaffected. Have to remember to take ...

Bitcoin technical analysis

Not sure what's happening here... looks like a clear 5 waves up but if this were advance, where is that characteristic three subwave A wave? In case of the yellow alt count of A and B then waves 1 and 2 would be waves "a" and "b" MtGox H1 image

Bitcoin technical analysis

well thanks for saying, but i only know a lot about very few things and have chonchy to thank for my better understanding of the central banking mechanism via that video he posted earlier (and others elsewhere in the thread) These good news ...

Bitcoin technical analysis

I've seen a pattern that when Gold really takes a dive then Bitcoin tends to rally: image

Bitcoin technical analysis

thanks thexit for stating your opinion about this emotive topic in a calm manner and also adding facts and rhetoric to the discussion. That the banking cartel can turn "Vulture Fund" and eat it's own is a clear sign that they are digging a grave for ...

Bitcoin technical analysis

Yes, PA seems to be making a triangle upwards to 850 (BTC-e) and this is usually the method that BTC escapes correction and starts a run. I'm not sure but the same thought has been in my mind the whole day...

Bitcoin technical analysis

Indeed, that's been one of the worst I've seen actually... mind-numbing... ugghhh! But hey! I did discover that Fullmoon is bonanza time

Bitcoin technical analysis

Hiya XT! Welcome, welcome... yes, Finland do not recognize BTC as a currency. So calling it a commodity is somewhat following the lead of HMRC (UK tax) who want to make money by charging VAT on each BTC exchange! But a public outcry is forcing them ...

Bitcoin technical analysis

After almost 5 years of trading I have repeatedly learnt that when my working chart starts to look like this, then something is about to happen (and usually in the opposite direction I am so desperately trying to confirm on the overcrowded chart!). ...

Bitcoin technical analysis

BeadTC ! I was going to suggest localbitcoins.com too - easiest for NYC - but I thought you guys should come to that conclusion first. BeadTC!

Bitcoin technical analysis

oh, of course... Moon phases... now why didn't i think of that before... ? simple enough: buy at New Moon, sell at Full .... Ahoooooo! image

Bitcoin technical analysis

nah, hermano, don't worry... nothing on this earth lasts forever and no-one stays in power forever - impossible!

Bitcoin technical analysis

hi lady_luck, thanks for clarifying. And you said all that before, but I didn't understand exactly. Now better! So you're saying it must be an auction. OK, then it is possible to track the auction via the Official Federal Auction site - so we're ...

Bitcoin technical analysis

The only way to describe it is a "three card trick" or you know that guy on the corner with three paper cups turned over and a little black ball under which one? But the thing is they are swindling for higher stakes - because while they try to ...

Bitcoin technical analysis

you say it like it is. the central banking dilemma is a major systemic problem, and i hope i live to see a solution. but as you know: sometimes when you want to extract a parasite it can threaten the life of the host.

Bitcoin technical analysis

chonchy, i don't believe there is a sinister reason for them selling the tulips - it's what they do with all seized assets. Having been obtained from the proceeds of crime, the FBI is forced to auction them off (or sell them for cash) to fund it's ...

Bitcoin technical analysis

hi thexit, I think you describe it pretty well - that's what they do, but there's a circularity hidden in there: the business cycle (uninterfered with) traditionally manifests low interest rates as the banks lower the cost of borrowing to encourage ...

Bitcoin technical analysis

What do people in the thread think about the Silk Road wallet? url News reports talk about the FBI having to auction the coins... but I can't see why they should - there is no evidence that they're not just going to put it through Bitstamp or ...

Bitcoin technical analysis