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venzen replied Jan 14, 2014Tulips used to make me think of Dutch girls in clogs and big wheels of cheese, but recently I've really come to admire them... Look how beautiful: image
Bitcoin technical analysis
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venzen replied Jan 14, 2014That's good to know that we are riding the market again - and not the other way round! Let's be patient here - too much funny business going on and the waves are small and changeable. I have no doubt we will get clear signals when the time is right.
Bitcoin technical analysis
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venzen replied Jan 14, 2014Good morning! I don't like tulips - I love them! I felt some confidence returning and I cut my hedge down there at 800. So far it's looking good but we may have a triangle in progress, so these same lows will be revisited.... let's see.
Bitcoin technical analysis
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venzen replied Jan 14, 2014Yes, if i observe my own emotions - I trade in fear of missing the Big One northbound train to the promised land, but when price goes down I relax and then start feeling greedy for more lows so I can buy more BTC at cheaper prices. I believe most ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014Good morning all Tulip Heads!
Excuse me, I woke up to an email discussion with a friend about Gold, Bitcoin and Incredibly Grand SuperDuper Cycle degree in Elliott Wave Principle! Jokes all morning and we were laughing about the fact that in ...Bitcoin technical analysis
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venzen replied Jan 13, 2014I was also expecting more downside action because this wave down looks incomplete. However, rapid reversal from 780 implies the fear of new highs is back image
Bitcoin technical analysis
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venzen replied Jan 13, 2014Kitco aggregate the various exchanges' prices into a single weighted average price and provide a chart. This is useful. What's also interesting is that Bitstamp is shifting more volume than the other exchanges... is that because they're based in the ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014
morning KO and chonchy, if we go to 720 again and reverse that would be great because it would confirm the BTC double tap of that level as longterm support. The next wave up would then be steeper and go further until we repeat the same ...Bitcoin technical analysis
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venzen replied Jan 13, 2014people, great conversation here today and the targets forecasted by chonchy and KiwiOz were hit. Great to have some visitors, thodie and Xtrade (bringing gifts, thank you). Welcome dcramer16 and amol. PA is back above psych levels 900 and 800 for ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014hey XTrade, This is great, man! I will follow the link and check it out - BTC priced in Gold - who would have thought!?
Bitcoin technical analysis
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venzen replied Jan 13, 2014good for you LL! so hopefully tomorrow price is a bit higher and they will "have more credit" after seeing no risk of additional lows

Bitcoin technical analysis
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venzen replied Jan 13, 2014in theory it seems to work, but in practice there is some algorithm in place at the exchange server which plays with spread before it actually moves the buy-side or sell-side price. SO for instance when a large market sell order (say 100BTC) drops ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014that's an interesting story - unfortunate turn of events (cancelled sale) but perhaps for the better - because price seems to be turning up from 800 right now... it may force their hand and you have a better bargaining position
so they had MT4 ? ...Bitcoin technical analysis
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venzen replied Jan 13, 2014Forecasting the evntual upside target is almost futile because as much as BTC can advance to encredible highs it subsequently retraces most of the upside within days/hours! $2000 is a realistic target IMO and of course price will then most likely ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014hi thodie, hope you're well! As I understand it the current Silicon Valley project is to develop a Bitcoin payment system (online and POS) whereby the retailer gets a single quote that is applied to the transaction from beginning to end, so the ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014Man, you're brave to trade those forex pairs! I just don't have the cohones... but I wish you luck - the plan sounds good!
Bitcoin technical analysis
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venzen replied Jan 13, 2014I simply mean BTCUSD will go above $1000 soon. We are in a pre-launch consolidative phase now and at some point a massive wave will surge up above $1000 and higher. The wave may well go above $1000, pull back and consolidate again on top of $1000 ...
Bitcoin technical analysis
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venzen replied Jan 13, 2014
LOL sometimes a small trading decision ends up like this! video Bitcoin technical analysis
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venzen replied Jan 13, 2014chonchy, just to put you in the picture - i think you have not read dcramer's original post - he has no trading or TA experience and is playing the exchange straight - buy-and-hold and then sell high to buy in again at lower prices. I think this is ...
Bitcoin technical analysis