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venzen replied Jan 21, 2014hi MikeySim, Thanks for posting and welcome! Indeed - a great instrument and a great social/economic experiment. Whether we buy-and-hold or long and short, there are plenty opportunities - except the last few days things have been very slow, so a ...
Bitcoin technical analysis
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venzen replied Jan 21, 2014It's like my father used to say: "When in Rome, do as the Romans do... except when it goes up in flames... then you've gotta run!"
Bitcoin technical analysis
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venzen replied Jan 21, 2014When I was a kid of about 3 years old, I once had to sit and wait in the car while my mother went for a job interview. They told her it would take about 30mins but she ended up sitting a proficiency test with a whole group of applicants and then ...
Bitcoin technical analysis
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venzen replied Jan 21, 2014Thanks for posting! I'm doing some reading about currency... interesting. In history, people would always use something that was locally scarce and only obtainable via foreign trade for their currency. So a coastal town wouldn't use Cowry shells but ...
Bitcoin technical analysis
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venzen replied Jan 21, 2014Here it is chonchy, BTC-e H4 - the April 2013 peak and correction 100 EMA - red 30 EMA - choco 5 EMA - blue 200 EMA - grey image
Bitcoin technical analysis
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venzen replied Jan 21, 2014OK, no problem, I'll check it on tradingview.com, what are your EMA periods?
Bitcoin technical analysis
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venzen replied Jan 21, 2014OK, thanks, if it is Windows then I'll have to compile a Windows version for you, so please wait for that because I don't have Windows and will have to find out how to do that... it's needed anyway, but please just be patient

Bitcoin technical analysis
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venzen replied Jan 20, 2014April 2013 peak Worth comparing to current wave action... chonchy, what do the MA's look like for the April peak - compared to now? BTC-e H4 image MtGox H4 image
Bitcoin technical analysis
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venzen replied Jan 20, 2014sure chonchy, give me a few days to figure out how to compile this so people can actually use it. What operating system are you using: Windows? Mac? Linux? If I know this then I can create the mining software and wallet client for you...
Bitcoin technical analysis
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venzen replied Jan 20, 2014very very fascinating: url Trade beads stopped being used in Africa in the early 20th century but before that (since the Neolithic) they were widely used from Egypt to every corner of the continent - some beads more valuable than others - and of ...
Bitcoin technical analysis
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venzen replied Jan 20, 2014Hi lady_luck, Thanks for the chart! That is the most obvious count and sometimes things just are what they are. This correction has been drawn out and shows a good base has been established. I imagine we see a bit more sideways action (maybe a day ...
Bitcoin technical analysis
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venzen replied Jan 20, 2014thanks SP, the daemon Makefile has a STATIC = True declaration but not the Qt Makefile. Anyhow I can Google this and get it to work, no probs. Question: would you be interested to CPU mine a coin I created? This is an experiment and I'd like to see ...
Bitcoin technical analysis
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venzen replied Jan 20, 2014this current decline in BTC (from 830) will certainly be amplified in Gold... KO, do you have any DeMark projection for BTC heading up from around current levels or only down?
Bitcoin technical analysis
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venzen replied Jan 20, 2014wheew, quite a vigorous sell-off on BTC-e but disconnected from MtGox which is pushing higher...
Bitcoin technical analysis
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venzen replied Jan 20, 2014thanks KiwiOz! 900 is not as extreme as my 300 but it's still bad... i mean, that's less than $1000 and the psychological blow to the Gold Bugs will be severe... IMO Gold is waaay over-valued but I understand the reasons for that (some of them, at ...
Bitcoin technical analysis
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venzen replied Jan 20, 2014If it makes anyone feel better, the mysterious purple box also showed up on Xmas and disappeared after New Year's day! image
Bitcoin technical analysis
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venzen replied Jan 20, 2014that's a useful comparison. If only BTC would drop like that... if only... BTW - what's you forecast for Gold at the moment? I have it going up to 1500-1600 before a catastrophic drop back to $300 (which I believe is it's industrial value)
Bitcoin technical analysis
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venzen replied Jan 20, 2014chonchy, take it easy and don't worry about the BTC! It's in a long term sideways pattern and it's nothing to be concerned about... look at last year's chart from April to October and you'll see it takes a lot of base building before this commodity ...
Bitcoin technical analysis
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venzen replied Jan 20, 2014chonchy, I see your MA analysis and I keep an eye out for it. By all counts we should be heading up (or down) but my patience and zero expectation here is based on what PA did after the April peak last year - you can see from the chart that it went ...
Bitcoin technical analysis