Bitcoin. A bump against $1040 then the strong fall begins.

@Mnandii @Mic-mic ... @Karasinga seeks your advice in the thread 'Directional forecast'

Also planning on jumping in but for ripples & Etherum for the long term, which is the best platform that favours Kenyans? Kraken seems has alot of complains & transactions take forever when there is high demand.

I am looking at it this way, bitcoins is way on the move the guys who entered this market long ago are already enjoying the benefits, as a new entrant(with longterrm goal) for the bitcoin you can marshal x2 or x3 growth from where it is. On the flipside the ripple has room for growth of up to x40, basically its young unlike bitcoin. I think il just risk with the ripple and ethereum due to room for growth.

I'm checking on Kraken and some guys even say they found their accounts wiped out and the support is way strained. Im looking for a good platform (better than Kraken) so as to pop in soonest. Infact their level 2 clearance is taking more than 5 days yet clearly they indicate 48 hours. No email response Oooh my how do people even survive with this platforms, with this kind of unresponsiveness. Just wondering which is the better platform

i did a SEPA transfer from kraken and it reflected in my bank account in less than 8hrs so kraken is working well for me

http://www.zerohedge.com...aling-agreement-reached

China deleveraging as @Lochaz-Index has indicated in Investor Lounge could see the Yuan selloff..question now is how high can it go?

@snifadog, ryko, mic-mic

Looking to join in on this cryptocurrency wave..especially interested in ethereum. Quick questions:
1. How can one buy ETH from Kenya?
2. Which is the best/convenient exchange to us?

NB. I only have a Kenyan bank account and a VISA/Master Card. I'm not privy to offshore accounts

Kindly advise

I have opened an account with Kraken and Cex but seems verification process takes long..Developed an interest in Ethereum recently

But my views is the cryptos are losing support on key support trend lines..See image below (Blue lines) ..BTC should hold above 2500..

The fibo and Wave guys @ Hisah,Karasinga your inputs

What is the Government / Legal position on crypto-currency? Is that the reason why Wazua is seemingly asleep, when the rest of investment world is on crypto fire?

This guide should really assist you, its one of the wazua guys above who wrote it buy bitcoin ethereum kenya

Personally i am in bittrex & Kraken exchange. Kraken gave me a hard time so i used one of my student account while in UK and they accepted, however i prefer bittrex exchange and i use "coinmama.com-with coupons"/"spectrocoin" & a kenyan mama who always loads me bitcoins cheaply. I got her over "localbitcoin" and she gives me good offers(i buy in bulk).

I really dont invest in bitcoin i invest in alternate coins +(ethereum,ripple,siacon,bitpay,Doge etc . I just buy bitcoins and convert them to altcoin, my simple thinking is that altcoins can grow x40 but bitcoin can only double tripple my cash. Based on this Kraken doesn't work for me better so i prefer bittrex, bittrex has so many alternative coins unlike kraken. Basically i am a longterm invester who invests peanuts in cheap coins, i.e i buy a coin at 0.003USD and sell at 1 USD i.e and throw away the keys and wait for years sell. Basically we are all different, it depends on what works for someone, personally altcoins crap works for me. So i cant advice you what is the best exchange for you it depends with you. I am an alternative coin guy "NO bitcoins, and if i buy btc its for exchanging".