Week 10 breaking events:- Satoshi Nakamoto found. (He is 64-year-old Satoshi Nakamoto, a Californian with a love of math, encryption and model trains, McGrath Goodman claims.)
- Satoshi Nakamoto Denies Being Creator of Bitcoin
- Russias Anti-Bitcoin Stance May Be Softening, Reports Say
- Toronto-based bitcoin exchange Vault of Satoshi, announced that it will cease its US operations effective immediately. We feel the regulatory environment in the US is becoming increasingly hostile toward Bitcoin, and more specifically toward exchanges trading in digital currencies.
- Bitcoin does not fall under the category of a currency as defined by Japanese law
- Poloniex Loses 12.3% of its Bitcoins in Latest Bitcoin Exchange Hack
Some thoughts: - For many, Bitcoin is associated with improper activities. (Black Market and the huge rip in MtGox) How can it be considered a good medium of exchange, secure, anonymous, etc after so many scandals?
- The big market manipulation is
almost done.
- Fear and doubt are getting bigger!
- Something must be done to restore confidence and stop the manipulation. (It will be done!)
- Because many have lost Bitcoins, will be required that something be done to discover the track and the guy who has stolen bitcoins. (the anonymity of Bitcoin will eventually fall.)
- Before falling below 550, will have a false increase.
- The Bitcoin now is in its short climb up to 750/800. Then begin their fall!
- The fall may take more days than I was expecting.
My position: - Bear
Chart:http://s24.postimg.org/4hebtmbgl/s10_bitcoin.jpg 