"So you think technical analysis is the equivalent as astrology, dreams and hunches?"
Love this :-)
Thanks for the reply.
And you "profi" guys do "day trading" (i think its called that way) with bitcoins, using the volatility for your gains? Do you do it with all of your coins, or only some of them?
What do you think about the gov. regulation/ban. Stupid people are ranting about how wonderfull will the year 2014 be, but they fail to realize that until now, bitcoin didnt face any threat from any gov. because it was a stupid small market nobody cared of... Thats changed now, and still this "dream investing" "people" are bullish in the year 2014, totally ignoring the gov. factor, saying bitcoin can NOT be destroyed... well you know, it can be destoreyd pretty easy... (gov. bans businnes from accepting bitcoin, the price crashes and stays there...).
what your take on this issue?
I don't trade bitcoins. I used to day trade stocks a long time ago, but i don't anymore. I invest in stocks now.
Govt regulation can be a good and bad thing. They can be good b/c they can legitimize something new like bitcoin or they can outright ban something. As for people who think bitcoin will replace govt issued fiat money anytime in the near future (meaning in the next 50 years) they are delusional. The govt will never allow a currency that they have no control over.