PayPal president David Marcus: Bitcoin is good Marcus said on Tueday: "I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference [in Paris]. However, he believes people don't correctly understand what bitcoins actually are today, ...

Bitcoin technical analysis

Bitcoin may threaten Kazakhstan's financial stability: Dalenov url first few paragraphs of the article: Bitcoin currency may be a threat to the financial system of Kazakhstan, Vice-Minister of Finance of Kazakhstan Ruslan Dalenov said in an ...

Bitcoin technical analysis

hi grin, Yes, this is the thing with Bitcoin: lots of regulation/acceptance factors causing hope and fear which drives up the volatility and induces massive moves. It's like what FOMC does to forex and wartalk does to commodities - you just have to ...

Bitcoin technical analysis

hi pa1, yes, you can do that - your profitability is in the free electricity because you're going to need the following: 1) as many Nvidia GeForce 8500/9000 GPU cards as your PC will take 2) fans to keep them cool or 2) a USB hub full of "Eruptor ...

Bitcoin technical analysis

right i'm out of here. Been doing news submissions re: Bitcoin all weekend, so i am feeling super-informed. My conclusion here near year end is this: Bitcoin is enjoying a lot of mainstream publicity and the nature of the publicity has changed: no ...

Bitcoin technical analysis

good call IMO - the last wave down will be a 5 wave move and it can get there - but somehow I think BoA and Merrill Lynch will start easing in buy orders around $500. Wish they wouldn't participate but i guess it was inevitable, eh?

Bitcoin technical analysis

To me the triangle seems to be gearing up for a breakout to the downside - the first clue will be if PA crosses the upper TL and then reverses back in and through the TL. Triangles normally occur in the 4th wave and B wave positions, so that wave ...

Bitcoin technical analysis

erm... depends what you call a train wreck - $700 or $0 ?

Bitcoin technical analysis

In my opinion, not yet. First some sideways consolidation, a LL and then $1000 resistance should become the target.

Bitcoin technical analysis

hi Mingary, yes this can happen. Just like it happened with Gold in the 80s and with the Yen this year. But I think you're not talking about a relentless downtrend on the chart - but a disappearance off of the face of the earth instead. That can ...

Bitcoin technical analysis

for sure, contact them with a polite email and raise the issue.

Bitcoin technical analysis

Within reason, own a bit of everything - you don't know which will be hits and which misses, but the most significant thing is: you can buy Bitcoin with other cryptocoins, so their exchange rate to oneanother represents leverage - not now but down ...

Bitcoin technical analysis

This is good advice and i've settled on a Bitcoin buying strategy that works for me. Here's my thinking about Bitcoin (of which I only became aware of its existence in December 2012): Obviously with buy-and-hold you want to buy at the absolute ...

Bitcoin technical analysis

hi all, although you'll see me as 'currently viewing' or 'online' - I am actually on other tasks and only reload this thread page every few hours - so don't misinterpret that for not bothering to respond! I see some questions for me, so before ...

Bitcoin technical analysis

very good entry, chonchy - i hesitated and only got in at 682... now to see if the correction at 800 is correcting an uptrend or continuing the downtrend ... i reckon there will be vascilation between taking profit and jumping in for advance beyond ...

Bitcoin technical analysis

hi chonchy and the thread, Ok, i reckon there will be lot's of activity over the weekend with the possibility of a temporary bottom. "Temporary" because we cannot rule out a large triangle here at the top. Right now there is a small rally developing ...

Bitcoin technical analysis

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Bitcoin technical analysis

Hiya Elite, Good to hear from you and glad you're spanking those Yen pairs for profit. Tell you what, man, I think this Bitcoin thing is gonna explode! The other day I had a deep thought about the internet - about how big it is - few people actually ...

Bitcoin technical analysis

hi Alien! I think BTC should find support around $450-$500 where demand will just overwhelm profit taking. How's EJ looking to you? I don't think a reversal to the downside is likely in the coming months... but i can't find a hook to jump in long ...

Bitcoin technical analysis