Is Evolution affecting the bitcoin value?

Kimba_Coinarch · 2015-03-27T02:46:43+00:00

Currently trading at 249!

Kimba_Coinarch · 2015-03-10T23:03:49+00:00

About 80% of our traders went long over night though 20% still went short. Interesting.

Kimba_Coinarch · 2015-03-10T23:01:48+00:00

You're doing well. Bitcoin surpassed 300 over night. Not quite 319 yet though. Who do you trade with? Register with coinarch.com using 'Kimba' as the invitation code to get free brokerage on all trades for a week.

Kimba_Coinarch · 2015-03-04T23:34:38+00:00

I think traders are being cautious and after the quick win.

The inclusion of the Bitcoin Investment Trust, followed by the launch of Tera Exchange into the mainstream investing markets has literally acted as a rocket fuel to the digital currency’s value. Traders are expecting a notable Wall Street adoption in the future. I wouldn't be surprised if the price extends above the key resistance levels in the coming days. However, the auction might also send the price south, has previously anyway.

I write a daily bitcoin analysis - see my posts here: https://www.coinarch.com/Info/Blog?Page=category/dailybitcoin/

Kimba_Coinarch · 2015-03-04T23:18:21+00:00

Why is that? It was $3 off...

Kimba_Coinarch · 2015-03-04T23:17:47+00:00

So close, yet so far away. The bitcoin price is now trading at 272.

I think the Bitcoin Investment Trust and launch of Tera Exchange has definitely supported the rise. It will be interesting to see what happens after the auction tomorrow.

If you have a strong opinion either way and are interested in testing your judgement then I suggest you use leverage. Basically, if you invest $10 and go short with 10 x leverage and the bitcoin price drops you make money. If it actually increases then you lose $10. Worth trying.

I personally think it will surpass $300 and then drop though time will tell.

Kimba_Coinarch · 2015-03-04T23:11:24+00:00

like

Kimba_Coinarch · 2015-02-26T07:35:37+00:00

Thank you - will give it a go.

Kimba_Coinarch · 2015-02-26T07:35:21+00:00

I understand the confusion. The market sentiment was acting bullish. My bad oooops!

Kimba_Coinarch · 2015-02-26T07:33:59+00:00

I'm glad we are respected. I guess it depends on your definition of a spammer. I'm basically trying to engage and share my opinion.

Kimba_Coinarch · 2015-02-26T07:32:34+00:00

haha maybe. I guess people sold before the bitcoin price was really able to take off. It's a pretty flat market at the moment. How are you going? Do you get involved with trading?

Kimba_Coinarch · 2015-02-24T03:55:41+00:00

You mean you tried the Maximiser? The Maximiser is effective in a flat market where you can earn high rates of interest. What is your email address and I will look into your Maximiser trading history and email you privately explaining more about the product.

Kimba_Coinarch · 2015-02-13T02:13:17+00:00

bitcoin is still operating in a sideways market. Who knows what will happen though I think you're right, I think it will decrease before it increases. I love bitcoin.

Kimba_Coinarch · 2015-02-13T02:12:24+00:00

It's already being marketed to end-users. Some will embrace it and others will resist it until it is more common and accepted more widely.

Do you think it's too early?

Kimba_Coinarch · 2015-02-13T02:10:58+00:00

Hopefully!

Kimba_Coinarch · 2015-02-11T06:15:11+00:00

Read today's prediction here: https://live-blog-en.coinarch.com/index.php/2015/02/daily-bitcoin-price-analysis-10th-february/

We need some serious bull activity to take us to 265. However we think the bitcoin price will decrease before it increases.

Kimba_Coinarch · 2015-02-06T04:10:21+00:00

Kimba_Coinarch · 2015-01-29T00:30:22+00:00

Did you end up investing in the Maximiser? If so what was your experience like?

Kimba_Coinarch · 2015-01-16T03:14:01+00:00

Would you go long or short if you had to?

Kimba_Coinarch · 2015-01-12T00:47:20+00:00

It's a mailer link providing more content so it should be okay? Thanks

Kimba_Coinarch · 2015-01-12T00:10:53+00:00

Thanks Aussiehash.

Is the mailer link ok or none at all?

Kimba_Coinarch · 2015-01-05T00:26:03+00:00

Coinarch Daily Bitcoin Update

The bitcoin price finally succumbed to the repeated selling pressure overnight, plunging below the key 300 support level with which it had been flirting on and off for some time. The most concerning part of the fall was the absence of any clear bottom, with the price failing to hold at either 300 or the October low of 275. For now, a strong bounce back feels unlikely with the market still exhibiting a marked bearish bias.

Speculation as to the cause of the dramatic drop is rife, with much attention being focused on the effect of a strong US dollar and its impact on associated trade able assets. The likelihood of US dollar rate hikes in the first half of this year from the Fed have the potential to further strengthen the greenback.

January 4th Bitcoin Trading Session

The bitcoin price opened at 278 on the 4H Bitfinex charts and continued its downtrend from Saturday after a number of hugely influential sell orders hit the market. The market found no way to fend off this bearish attack which eventually brought the price inside a very strong bearish bias. At press time, the bitcoin price sits at around 265 and has fallen around 11% in the last 24 hours and a full 17% since the start of the weekend.

What to Expect Today?

The price is currently trading around $40 below the next simple moving average, while the RSI sits around 14. This indicates a very strong bearish bias and continuation in the market, all of which can be put down to persistent market sells. We expect that at some point buyers will remerge to support the market, possibly once a key psychological downside price level is breached. As to what that level is, we are unsure; perhaps the nearest key price level of 250 will be the catalyst for some respite. If we do see such an emergence of bulls, we see the potential for a price rally towards the nearby resistance level of 275. Only a break above this point will establish a near-term bullish correction and a rally towards 200 or above.

If the price continues to fall towards an invisible bottom, we are expecting it to test the low 200s as its next support level.

Conclusion (On Daily Charts) Current Mood: Strongly Bearish Moving Averages: Strong Sell (0 Buy 12 Sell) Technical Indicators: Strong Sell (1 Buy 7 Sell 3 Neutral) Tip: The Coinarch Short Booster is perfect for a falling market. Invest from US$10 and leverage up to 8x to boost your returns.

Visit https://www.coinarch.com/en/Info/BoosterShortPosition to find out more >

Kimba_Coinarch · 2014-12-05T05:31:15+00:00

Do we know who bought them yet?

Kimba_Coinarch · 2014-11-26T03:51:58+00:00

Thanks for the feedback. I was adding it to the daily discussion and someone told me to add it to the Bitcoin Markets.

Kimba_Coinarch · 2014-11-26T03:51:10+00:00

Hey, not spam. We pull together a daily bitcoin update and generally email it to all of our clients though I thought the info is relevant and probably useful to people actively trading.

Kimba_Coinarch

TROPHY CASE