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Chart updated via Twitter, let's hope the $350 mark can hold the price up, but that target upon the break down of the Descending triangle is very discouraging.
I really miss the first bitcoin prices are very high, when all of it will come back?
This month bitcoin should have started creeping up, but not something I would still wait until bitcoin prices high.
This are very good analysis for the Price , i hope again will rise in this comming months . But the price is not that much important as is important the all platform which represent Btc .
i think this same analysys same with forex
Arbitration concept, buy simulators and sell the same assets to take advantage of price differences bitcoin exchange in two different places. This concept may be applied in addition to compare exchange rates also to prevent large losses with bitcoin exchange in one place but it is in fact not a crime in my opinion.
That's good news and important information.. Good job and welldone, thank you..
Author seems to forget that the creators of (non-corporate) crypto platforms NXT and SuperNET are anonymous too ;)
Did not forget, actually did not know. Thanks for the info, it's hard to know everything. Good for them.
Alright :)
NXT creator = BCNext http://wiki.nxtcrypto.org/w...
SuperNET creator = jl777 http://letstalkbitcoin.com/...
today still move slightly at an average price of $ 400 per bitcoin, we all hope bitcoin could rise later this year.
Sometimes I get this feeling that traders on bitfinex just wait for my article to come out and then execute massive positions the opposite way of the conclusion :). The huge volume and price drop took place within 10 minutes of publication.... obviously it's just a coincidence but curious none the less.
The articles however remains as is and the conclusion still applies.
resist using bitcoin transaction may be the right way so that bitcoin continue to keep up and hold it until prices stabilized