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venzen replied Jan 10, 2014infinitus, on a serious note and regarding principle, you mentioned Bitcoin is in Cycle degree yesterday. Can you elaborate on that because as far as I understand the Wave Principle is sequential and we cannot attain Cycle degree wave 1 without ...
Bitcoin technical analysis
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venzen replied Jan 10, 2014clever and naughty both - a true Kiwi
allow me to speak truthfully for a moment (since you are the only one present to hear me): The count is IMO actually irrelevant - few people are aware that the pushermen of EWP (namely EW International) have ...Bitcoin technical analysis
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venzen replied Jan 10, 2014ok ok ok - you discovered our little secret! but if this gets out... i swear... you see that tulip bulb - now imagine... nevermind

Bitcoin technical analysis
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venzen replied Jan 9, 2014KO, Judging from my own great EWetitionism recently I would be wise not to pass judgement on your count - no reason at all that your count is not the case... i am leaning toward learning your magic trendline method for its greater eficacy at ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014heheheh! how much did you pay for those. chonchy?
Bitcoin technical analysis
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venzen replied Jan 9, 2014Colleagues I have to hit the sack - it's 5am for me. I really enjoyed the conversation a lot and will follow up on the 3d printing tomorrow over coffee. infinitus, thanks for spending time with me and lady_luck and for putting some irons in the ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014I hear you, but surely thou does jest me saying "Gold"? That is the most unpredictable and loss-inducing instrument i've known in my trading career. It does do S/R but the combination and order of visits to former levels changes randomly and the ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014Look we don't need to press the issue about storage and Moore's Law. James Brown said: "Take some. Leave some. There's enough in the pantry for everyone." As I mentioned in a previous post I am using an Android wallet that has already solved the ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014don't worry so did I - and I called the low of $450 (MtGox) a month before an still somehow pulled a Mr Bean on myself and my fellow traders here by not buying at that low... A week ago I noticed $1000 coming up on the chart window again and ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014Especially the fact that making a 3d printer is a DIY job and the application/engine software is available free as Open Source software - I'm a fan. yeah, 518 Bitcoins in one transaction - that's about $400k and a rare sight. I'm with you on the ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014i mean in the forecasting the future kind of way - as in wave 3 of this wave up and then the next one after that. I don't mean tonight - we're at the base of a great wave - that's what i mean by early adoption: I'm not waiting for the outside world ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014eh? i think it's conversation... we have a lot of time and topics here

Bitcoin technical analysis
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venzen replied Jan 9, 2014exactly, Moore's Law - and I just had a thought about deddicated blockchain services that serve blocks on demand from the cloud - kind of like what blockchain.info does but in the field of user wallets (like the Android Bitcoin wallet) and business ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014lol... you... you! Mainstream adoption is yet to happen IMO. What drove price to 1000 was early adopters in the shadow of Silk Road and media articles saying Bitcoin was the enabler of money laundering and child pornography. Now that CNN and ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014Great analysis and options array! We don't have much clarity about the likely path it will take and how deep any correction. As for for your comment about currencies in triangles I like that and agree. Bitcoin is dual character - both currency and ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014OK, that's what i thought you meant. Now very interesting, infinitus - consider that this currency/commodity is about to make massive inroads into the territory previously (and out-datedly) occupied by credit cards and most online payment systems in ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014and my last chart for the night - a familar wave shape from the July corrective bottom - to me it looks like an A-B-C and not an impulse - yet this is how every long distance wave in Bitcoin starts - which is why I always say that Bitcoin has a ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014and here is a chart of the April top and subsequent correction showing this same downward curving wave in various locations (but not circled). i also labeled (with 'a' and 'b') the obvious 3 wave structures - my labels do not really honour changes ...
Bitcoin technical analysis
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venzen replied Jan 9, 2014i tried to post this earlier but when i hit 'submit' the page reloaded and there was no new post... this is the second time this week this has happened... the wave circled in yellow occurs often. It's very distinctive and seems to be a C wave that ...
Bitcoin technical analysis