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Bitcoin & CryptoCoins for Kenya
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mic_mic
#231 Posted : Monday, January 12, 2015 4:16:09 PM
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liomungai wrote:
But one thing is for sure; Bitcoin value as an "asset" is HIGHLY Volatile. You can loose your entire investment in a second. At least Gold is a "little stable"


This will stabilize over time and in fact, the volatility of Bitcoin has been decreasing since 2010. as Bitcoin goes mainstream volatility will continue to drop.

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mic_mic
#232 Posted : Monday, January 12, 2015 4:19:51 PM
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See the price of Bitcoin approach the price of Gold over its short history.

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mic_mic
#233 Posted : Monday, January 12, 2015 4:46:58 PM
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liomungai wrote:
But one thing is for sure; Bitcoin value as an "asset" is HIGHLY Volatile. You can loose your entire investment in a second. At least Gold is a "little stable"


I will disagree slightly.

You will not lose your investment -- you will still be holding bitcoins, only that their market value will be much less. Remember Gold has been in existence for at least 100 years, there is still time.

Equity Stocks are WORSE! When a company goes bankrupt, ordinary shareholders are entitled to the residual value after ALL other priority creditors, liabilities and preferential shareholders get their cut. You are actually left holding nothing. IMO, this is worse. Once a company is liquidated that is the end of it. There is no more company!

Back to bitcoin. Bitcoin will outlive you,I and most companies we have today.

Have your pick!

:)
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  | | Edit by user: Monday, January 12, 2015 5:02 PM | Reason: Not specified
mic_mic
#234 Posted : Monday, January 12, 2015 5:38:22 PM
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AGGREGATED MARKET PRICE OF BITCOIN GLOBALLY. LIVE PRICE FEEDS

http://bitcoincharts.com/markets/
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mic_mic
#235 Posted : Monday, January 12, 2015 7:04:49 PM
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Why Central Banks Will Race to Adopt the Blockchain

http://monetas.net/why-c...o-adopt-the-blockchain/

Digital currencies are the future!
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mic_mic
#236 Posted : Tuesday, January 13, 2015 8:46:38 AM
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jAPANESE candlesticks are my favorite technique

This is a continuation pattern and resumes the overall trend



On 8 Jan, this pattern was observed on bitcoin charts. I posted it here.



Today, the price touched a new 11month low $ 245. Continuation pattern confirmed


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mic_mic
#237 Posted : Tuesday, January 13, 2015 8:50:25 AM
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Elliot Wave Theory also seems to be working pretty well.

This chart is from 3 weeks ago

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mic_mic
#238 Posted : Tuesday, January 13, 2015 9:16:43 AM
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Chasing final bottom. Possibly $ 200. Could go as low as $183.

But after that, it all the way up! Be keen on these low prices

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mic_mic
#239 Posted : Tuesday, January 13, 2015 9:37:45 AM
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Last chart of the Day :)

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mic_mic
#240 Posted : Tuesday, January 13, 2015 9:42:07 AM
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Back in 1995, when people were talking about the web, we couldn’t imagine a Facebook. We couldn’t imagine a Twitter.” Right now, people tend to think of Bitcoin as a payments network and alternative currency, he said, but that’s “just one application."
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