DislikedHey venzen Great article mate....cheers http://www.cryptocoinsnews.com/news/...ure/2014/07/07Ignored
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Bitcoin Analysis 22 replies
Bitcoin-Family math and technical analysis 20 replies
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
DislikedHey venzen Great article mate....cheers http://www.cryptocoinsnews.com/news/...ure/2014/07/07Ignored
Disliked{quote} 590 is indeed the target and a very important support level.. {image}Ignored
Disliked{quote} Hello everybody, Thanks for the well wishes. Waow, already been a month, PA hasn't surprised me since this last chart I posted, the black arrow count was definitely right, it has just been very slow. But almost there ! The moves to 560 and 650 were spot on, now waiting for the one to 595 like everyone else. Will update with more chart if/when it start to differs. Good day to y'allIgnored
Disliked{quote} Hey KO, not sure this is necessarily true as the more merchants accepting BTC the more BTC is bought and accumulated that werent before: if a person wants to spend btc, they buy the equivalent btc to what they will spend or more (never less). If they spend 99% of that btc, it's likely they'd keep 1% sitting in their btc wallet and not cash it out into fiat. If 99% of merchants keep 99% of the btc they receive, then thats 1% kept in btc in the customer's wallet + 1% of the merchants keeping 1% of their coins in btc that was never happening...Ignored
Disliked{quote} gjgjg, I agree with your line of reasoning above. It's debatable whether or not hoarding increases value. I don't know the answer and there are logical arguments for the case that taking a limited resource out of circulation increases the value of the remaining portion in the market. However, i don't think Bitcoin's rollercoaster is driven by hoarding. It seems to be wild speculation at play instead. I think most of you have read PJ Delaney's article "Bitcoin's Conundrum" http://www.cryptocoinsnews.com/news/...ers/2014/07/08...Ignored
DislikedI have been following Bitcoin for quite some time. I am not sure if you all know this but the reason Bitcoin traded over $1,000 was due to 2 bots (Mark and Willy) that were injected into MTGox. Although there has been no confirmation to this I believe it is correct. If you are concerned trading bitcoin with an exchange I found an interesting guide for mining Bitcoins, Mining Digital Currencies GuideIgnored
Disliked{quote} I think as BTC is used more and more as a purchasing tool in the future it will not be such a factor however, as the ratio of people leaving their penny change still in BTC as 'bought but not spent' gets smaller compared to the ratio of the amount being bought to be spent quickly.Ignored
Disliked{quote} I think you re wrong, cause France and UK have cancelled TVA (Valued Added Tax) for buying with BTC, governments will print more and more the crisis will get worse, and more people will pay in BTC with the new credit card that bloom on the market to save their money ...Ignored