Monday, December 11, 2017

bitcoin target price

TK and zerohedge-=== both came to the game very very extremely late, and it shows in their writing...
go back and read the headlines, starting with $60 bitcoin, and work your way to present day, is my advice.
I started following bitcoin at the Cypress and Russian Mafia / EU entanglement, and everyone in Greece started moving their savings into (this thing called bitcoin)---who knew it would be 19k---

anyway, here's what it is today!!!!!-#Bitcoin passed all the regulatory hurdles, and is now acquiring whatever the market share will bear, in the 200 trillion world wide money supply....
From this, it's possible to go to the table, and write down a target price!!!!LOL

 in my case, i think #bitcoin captures most of the EU retail market---or 3 trillion in money supply will be needed.
so 3 trillion divided by 21 mil bitcoins
---
ANYWAY,
Here's some important history about bitcoin---
starting with a 1 penny price ,
use link.....at bottom....
here's the real story of bitcoin's flash crash $1,000 to $100's---The truth is quite a bit different from TK's version... TK AND ZEROHEDGE are wannabe experts, mostly clickbait--so AVOID these authors, AT ALL COST!----

Market Manipulation

No discussion of Bitcoin’s price would be complete without a mention of the role market manipulation plays in adding to price volatility. At that time, Bitcoin’s all-time high above $1000 was partly driven by an automated trading algorithms, or “bots,” running on the Mt. Gox exchange. All evidence suggests that these bots were operating fraudulently under the direction of exchange operator, Mark Karpeles, bidding up the price with phantom funds.
back in the day, when there weren't no dam regulations!
Mt. Gox was the major Bitcoin exchange at the time and the undisputed market leader. Nowadays there are many large exchanges, so a single exchange going bad would not have such an outsize effect on price.
https://www.buybitcoinworldwide.com/price/

Thursday, December 07, 2017

bitcoin 14k low, now target should be 28k---or when mempool gets to 180k

 bitcoin 14k low, now target should be 28k---or when mempool gets to 180k, whichever happens first...

looks like every month, bitcoin is going to become worthless to use, due to transaction backlog----
so , 20-30% corrections every month, at about the time when the backlog reaches 180k MB---or 180k tokens.
 as i pointed out last nite---go to the 3rd chart (mempool size in MB)
if you have too much transaction backlog--bitcoin becomes (worthless)---until the backlog gets whittled down....
(worthless) happened at 17.6k---and the sell-off started.
3rd chart is just another indicator, of when another top is reached.

https://jochen-hoenicke.de/queue/#2w

 bitcoin 14.2k -14%
bitcoin cash 1568 +27%
yesterday bitcoin had 200k transaction backlog, and now money is moving over to BCH, until backlog, is less.

Tuesday, November 28, 2017

Shift Card - Bitcoin Visa Debit Card

 

  no kidding! next 4 steps---sell 11.2k---
and buy #BCH under 1200, sell 2100 and exit, then get back into #BCC at $8k----easy peasy.

Shift Card - Bitcoin Debit Card

search engine results---

 https://duckduckgo.com/?q=shift+visa+debit&t=ffsb&atb=v81-1&ia=web

 

 In this video I show you how to exchange Bitcoin to USD using your Coinbase account and a linked Shift Debit Card. I found that this method offers a cheap way to exchange your Bitcoin to USD (Dollar). It also offers a very easy way to access your newly exchanged currency through use of the Visa Debit card. You can withdraw your funds from most ATM machines as well as use the Visa Debit card where Visa is excepted for everyday purchases.

 

Monday, November 27, 2017

Immigration Enforcement Wins Higher Wages for Chicago Employees

The food service industry is a particularly ripe target, with The Migration Policy Institute estimating that about 9 percent of food service workers in the U.S. are undocumented.

huge Chicago bakery is now hiring Americans at higher wages, following a federal immigration enforcement action which forced the firing of 800 illegal immigrants.

 

payroll costs are a relatively small share of costs in highly automated factories, such as the Cloverhill bakery, allowing wages to rise without threatening profitability.

 

 http://www.breitbart.com/big-government/2017/11/27/immigration-enforcement-wins-higher-wages-for-chicago-employees/

 

Monday, November 20, 2017

Build the wall, and you probably need to sucker punch anyone opposed to it!

Each year, four million Americans turn 18 each year and begin looking for good jobs in the free market.
The  imposed economic policy of mass-immigration floods the market with foreign labor and spikes profits and Wall Street values by cutting salaries for manual and skilled labor offered by blue-collar and white-collar employees. It also drives up real estate priceswidens wealth-gaps, reduces high-tech investment, increases state and local tax burdens, hurts kids’ schools and college education, pushes Americans away from high-tech careers, and sidelines at least 5 million marginalized Americans and their families, including many who are now struggling with opioid addictions.

http://www.breitbart.com/big-government/2017/11/19/doug-jones-backs-daca-dream-act-amnesties/

Friday, November 17, 2017

bitcoin $11.2k, is next

# next bitcoin 11.2k, if #BCH can get to 2k...
i'm looking for specific levels of acceptance, on the retail side of BCH.
one idea, is to see if more and more exchanges, add BCH for purchasing and selling---right now, i can't find too many exchanges, to buy BCH.
Coinbase, has a lot of BCH tied up, in their customers accounts---January is their timeline, for releasing those BCH. The first release of those, will  be cheap.

Monday, November 13, 2017

bitcoin update and some links to visit

#bitcoin $10k, urmphh, that's gonna be a tough one...first of all, they need a compression program, to speed up transactions, in conjunction, with retailers moving toward bitcoin #8mb cash, to relieve some of the transaction speed gridlock, off of bitcoin original.
my WAG.

 why did so many slopers, tell you next floor in bitcoin is 5k?
7800 high, minus fibonacci = 5k---
oh my, these are the same pullbacks, traders experienced, in the TULIP trade pullbacks....

follow my bitcoin comments and other trader comments, on my twitter feed....
 https://twitter.com/zstock

FOLLOW RAMSEY 2017 on my twitter feed, as well---
Crypto TA on my holdings

OMG/BTC hourly - seems to be flagging.
https://content.screencast. com/users/davis_ramsey/folders/Jing/media/afbf7ad6-e2bc-4b8d-a328- 2a66a29e478d/2017-11-13_1402.png

ZRX/BTC hourly - looks like cup & handle thingy
https://content.screencast. com/users/davis_ramsey/folders/Jing/media/a499c4b0-a823-40e1-99c2- 48c59b094067/2017-11-13_1412.png

first time I've seen any hint of bullish activity on these in 2-3 months

Sunday, November 12, 2017

bitcoin cash is the winner.

bitcoin cash- the 8mb transaction speed wonder, spiked to $1937---take away 31.2% = 1332 ---the next buy level....

bitcoin cash chart
https://thebitcoinnews.com/bitcoin-cash-chart/

i'm looking at 2 exchanges---
kraken and cex.io
both say they allow trading in bitcoin cash---

-=-
look for bitcoin cash, to go higher than bitcoin, next several month's out----

Wednesday, October 25, 2017

Sign Post, Up Ahead!

 There's a little town called Sign City----

Sign on the back of another Septic Tank Truck:
"Caution - This Truck is full of Political Promises"
A SIGN IN A SHOE REPAIR STORE READ:
We will heel you, We will save your sole, We will even dye for you.
In the front yard of a Funeral Home:
"Drive carefully. We'll wait.”
Outside a Muffler Shop:
"No appointment necessary. We hear you coming.”
At a Car Dealership:
"The best way to get back on your feet - miss a car payment.”

In a Veterinarian's waiting room:
"Be back in 5 minutes. Sit! Stay!”
  At an Optometrist's Office:
"If you don't see what you're looking for,
You've come to the right place.”


On a Plumber's truck:
"We repair what your husband fixed.
At the Electric Company:
"We would be delighted if you send in your payment on time. However, if you don't, YOU will be de-lighted.”

EMAIL ME !!! anytime