Frank–sorry, I do not know. I am also looking for recommendations on Bitcoin trading platforms. My interest is same as Lara mentions except I would also like to take a small option position down, then, if that proves valid, buy a few Bitcoins to hold and ride up. All small speculative positions.
Silver Ho
on May 21, 2014 at 2:49 am
Yeah, I agree with you and Lara.
But I think, if Bitcoins really able to be accepted by worldwide people as a international currency for trade. Then with this finite amount of Bitcoins, the value of Bitcoins will go skyrocket high.
Within leading diagonals the second and fourth waves can only be single zigzags.
The first, third and fifth waves are most commonly zigzags too, but they may also be impulses.
Silver Ho
on May 21, 2014 at 12:29 am
Great! Lara provides Bitcoin analysis also, and now it is only in Cycle II, still has Cycle III coming.
Bitcoin looks like running much faster than other currency, it may because it is still in preliminary stage. I hope I won’t miss this 2nd chance. Is there anyone could share which platform is more reliable to trade and using what kind of security pockets to save the bitcoins.
Steve
on May 21, 2014 at 12:52 am
To buy bitcoins you need to transfer money to an exchange so it is probably best to choose one in your own country so that you do not have to deal with expensive international wire transfers. Any of the wallets listed on bitcoin.org work well to store your bitcoins as long as you follow the basic backup and password rules.
Silver Ho
on May 21, 2014 at 2:34 am
Thanks for your reply. In Hong Kong I do not find any reliable big exchanger.
I agree that Bitcoin may be still outside “the matrix” but I suggest that Bitcoin is most certainly controllable by bankers –they will take over Bitcoin when and if they decide. How? Money is no object to a central bank it is just a computer entry, they have / create all the money they need, they can merely buy every Bitcoin in existence whenever they like. Or break Bitcoin encryption–no matter what is said, every encryption can and will be broken.
But–no matter who controls Bitcoin, it’s movements may still be observed by EW.
Silver Ho
on May 21, 2014 at 1:47 pm
I have different thoughts, I think Bitcoin unlike other currency money, they do not have to keep it safe in bank, all bitcoins were kept by people himself. Unlike silver and gold, they do not need to be centralized in vault for commodity platform to perform trading, then Bitcoin will not be able centralized or created from thin air, so Bitcoin will not substaining the spot price control as metal commodity and currency does. Every trading price is a real actual trading price with the ultimate user. So I think Bitcoin will not under those kind of flash crash attack. The volatility of Bitcoin right now is because it still in preliminary stage, this international currency is still not common in use worldwide for people, when it really reflects its value, it will come to steadily in its price. If it is outside the controlled by the Matrix, it will much more to follow the rule of EW.
That is what I think.
davey
on May 21, 2014 at 4:00 pm
Silver Ho–recall the story of the Hunt brothers gaining control of worldwide silver market and they had limited resources, billions of dollars yes but still limited. Central banks create money so they have unlimited resources. Federal Reserve could call JP Morgan trading desk and instruct them to buy every Bitcoin in the world. National Security Agency could be directed to break Bitcoin encryption. Congress could simply pass a law making Bitcoin illegal. Bitcoin only exists at the will of the Matrix.
You may be correct that Bitcoin is currently outside the Matrix. For investment purpose who controls Bitcoin does not matter–Bitcoin will always move as an energy wave and so may be analyzed by EW.
Alex Eadie
on May 20, 2014 at 7:15 pm
Thank you too. Not that I would ever trade this market!
davey
on May 20, 2014 at 10:46 pm
Lara– thanks, Bitcoin is a fascinating situation. Is it possible you may do Bitcoin chart every week?
And how long (trading days) do you estimate to reach C and then (5) ?
Anyone–I would appreciate anyone posting their experience with or recommendation for a Bitcoin option trading platform.
Frank
on May 20, 2014 at 8:12 pm
Davey,
How do you invest in Bitcoin from outsde the US? All info would be appreciated.
I don’t know how often I’ll update this, but probably one a week to once a fortnight. I want to buy some bitcoins and let them sit when it bottoms out. I’m planning on riding cycle wave III all the way up.
Steve
on May 20, 2014 at 12:11 pm
Excellent timing, I had just been looking at bitcoin.. Cycle I had taken 4 years or so to complete and I was trying to see all this downward movement so far as a leading diagonal. This would mean that just Primary A is coming to an end where you have cycle II as I thought this was too soon for the whole correction to be complete. Do you think this is possible??
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Frank–sorry, I do not know. I am also looking for recommendations on Bitcoin trading platforms. My interest is same as Lara mentions except I would also like to take a small option position down, then, if that proves valid, buy a few Bitcoins to hold and ride up. All small speculative positions.
Yeah, I agree with you and Lara.
But I think, if Bitcoins really able to be accepted by worldwide people as a international currency for trade. Then with this finite amount of Bitcoins, the value of Bitcoins will go skyrocket high.
I accept Bitcoins for payment of subscriptions.
I love the idea of an alternative currency.
I wouldn’t trade it either, its too volatile for my liking.
But I will invest in a few bitcoins, and keep them until the value improves for a nice profit. If my wave count is correct that is!
No, the subdivisions don’t fit.
Within leading diagonals the second and fourth waves can only be single zigzags.
The first, third and fifth waves are most commonly zigzags too, but they may also be impulses.
Great! Lara provides Bitcoin analysis also, and now it is only in Cycle II, still has Cycle III coming.
Bitcoin looks like running much faster than other currency, it may because it is still in preliminary stage. I hope I won’t miss this 2nd chance. Is there anyone could share which platform is more reliable to trade and using what kind of security pockets to save the bitcoins.
To buy bitcoins you need to transfer money to an exchange so it is probably best to choose one in your own country so that you do not have to deal with expensive international wire transfers. Any of the wallets listed on bitcoin.org work well to store your bitcoins as long as you follow the basic backup and password rules.
Thanks for your reply. In Hong Kong I do not find any reliable big exchanger.
came across this today..
http://technode.com/2014/05/21/hong-kong-bitcoin-exchange-anx-moves-mobile-payments/
I agree that Bitcoin may be still outside “the matrix” but I suggest that Bitcoin is most certainly controllable by bankers –they will take over Bitcoin when and if they decide. How? Money is no object to a central bank it is just a computer entry, they have / create all the money they need, they can merely buy every Bitcoin in existence whenever they like. Or break Bitcoin encryption–no matter what is said, every encryption can and will be broken.
But–no matter who controls Bitcoin, it’s movements may still be observed by EW.
I have different thoughts, I think Bitcoin unlike other currency money, they do not have to keep it safe in bank, all bitcoins were kept by people himself. Unlike silver and gold, they do not need to be centralized in vault for commodity platform to perform trading, then Bitcoin will not be able centralized or created from thin air, so Bitcoin will not substaining the spot price control as metal commodity and currency does. Every trading price is a real actual trading price with the ultimate user. So I think Bitcoin will not under those kind of flash crash attack. The volatility of Bitcoin right now is because it still in preliminary stage, this international currency is still not common in use worldwide for people, when it really reflects its value, it will come to steadily in its price. If it is outside the controlled by the Matrix, it will much more to follow the rule of EW.
That is what I think.
Silver Ho–recall the story of the Hunt brothers gaining control of worldwide silver market and they had limited resources, billions of dollars yes but still limited. Central banks create money so they have unlimited resources. Federal Reserve could call JP Morgan trading desk and instruct them to buy every Bitcoin in the world. National Security Agency could be directed to break Bitcoin encryption. Congress could simply pass a law making Bitcoin illegal. Bitcoin only exists at the will of the Matrix.
You may be correct that Bitcoin is currently outside the Matrix. For investment purpose who controls Bitcoin does not matter–Bitcoin will always move as an energy wave and so may be analyzed by EW.
Thank you too. Not that I would ever trade this market!
Lara– thanks, Bitcoin is a fascinating situation. Is it possible you may do Bitcoin chart every week?
And how long (trading days) do you estimate to reach C and then (5) ?
Anyone–I would appreciate anyone posting their experience with or recommendation for a Bitcoin option trading platform.
Davey,
How do you invest in Bitcoin from outsde the US? All info would be appreciated.
I would expect about 20 days to 323.70.
I don’t know how often I’ll update this, but probably one a week to once a fortnight. I want to buy some bitcoins and let them sit when it bottoms out. I’m planning on riding cycle wave III all the way up.
Excellent timing, I had just been looking at bitcoin.. Cycle I had taken 4 years or so to complete and I was trying to see all this downward movement so far as a leading diagonal. This would mean that just Primary A is coming to an end where you have cycle II as I thought this was too soon for the whole correction to be complete. Do you think this is possible??