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Bitcoin & CryptoCoins for Kenya
mic_mic
#101 Posted : Tuesday, December 02, 2014 10:57:12 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Meanwhile, in NIgeria the Naira drops to a new low. Oil is up and the Naira is under pressure, Central bank had to step in.

Anyway, Why Nigerians are selling Naira and Buying Bitcoin -- an alternative asset class (infographic)

http://i.imgur.com/QmgGOox.jpg
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mic_mic
#102 Posted : Wednesday, December 03, 2014 12:02:30 AM
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Joined: 12/30/2012
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Location: NBI
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#103 Posted : Wednesday, December 03, 2014 12:06:08 AM
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Joined: 12/30/2012
Posts: 545
Location: NBI
A chart fromlast month

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mic_mic
#104 Posted : Wednesday, December 03, 2014 12:07:49 AM
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Joined: 12/30/2012
Posts: 545
Location: NBI
This is a more recent chart, from last week

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mic_mic
#105 Posted : Wednesday, December 03, 2014 12:10:08 AM
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Joined: 12/30/2012
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Location: NBI
What we are tracking is a bigger pattern for a mid term view 2015

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mic_mic
#106 Posted : Wednesday, December 03, 2014 12:12:26 AM
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Joined: 12/30/2012
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Location: NBI
THe larger picture EW wave count

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mic_mic
#107 Posted : Wednesday, December 03, 2014 12:19:40 AM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Point is, Bitcoin is becoming globally recognized as an investment class. It is global, cryptic and digital meaning it can be traded anywhere without the traditional hinderances of buying into foreign assets. This is momentous!

Hedgefunds are already getting in early through vehicles tailored for institutional grade investors eg Total Return Swaps http://www.investopedia....s/t/totalreturnswap.asp

ETFs coming out early next year will rein in more retail buyers from the public into bitcoin as an investment.

Like i always like to say, it is happening folks!
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mic_mic
#108 Posted : Wednesday, December 03, 2014 12:23:14 AM
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Joined: 12/30/2012
Posts: 545
Location: NBI
U.S. Bitcoin Binary Options Now Live at North American Derivatives Exchange - See more at: http://forexmagnates.com...ge/#sthash.3JnxMj50.dpuf
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mic_mic
#109 Posted : Wednesday, December 03, 2014 12:31:22 AM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Bitcoin ETFs allow retail investors to buy into bitcoins like regular fin products available today on the Nairobi Securities Exchange for example.

Ruminate on that. Good evening readers
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Ericsson
#110 Posted : Wednesday, December 03, 2014 8:33:00 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
@mic_mic
The price of oil is down again;a barrel is going for $70
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mic_mic
#111 Posted : Thursday, December 04, 2014 6:29:05 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
BLOOMBERG: Bitcoins Seized From Silk Road Offered in Second Auction

http://www.bloomberg.com...d-in-second-auction.html
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mic_mic
#112 Posted : Thursday, December 04, 2014 10:11:01 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Bitcoin Price Roundup: December 03, 2014

http://blog.cex.io/crypt...oundup-december-03-2014/
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mic_mic
#113 Posted : Friday, December 05, 2014 11:49:41 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
HUOBI CMO DU JUN: “BITCOIN USE…IN CHINA WILL CONTINUE TO INCREASE IN THE FORESEEABLE FUTURE”

http://thecoinfront.com/...-the-foreseeable-future/
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mic_mic
#114 Posted : Saturday, December 06, 2014 1:50:04 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Re: on Bitcoin, QE by CBs around the world and the possibility of a another 10X increase


We're at $5 billion market cap at the moment, only a few percent of that is floating around exchanges, say roughly $100 million. The central banks of the US, Europe, China and Japan are printing more that $1 trillion a year at the moment which is flowing into the usual commercial banks and abstract market instruments.

IF (note the big if) 1% of that went onto bitcoin exchanges, that would be $10 billion, or 100x the cash currently on exchanges, which would produce a, roughly, 100x increase in e price. That's just the hot money flowing around at the moment. The money exists, it just doesn't want anything to do with bitcoin at the moment. We'd need some major inflation or another credit crisis to get them interested, I suspect. Japan may end up delivering for us in not so long.

I'm not that much of an uber bull, but the possibility does exist.
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mic_mic
#115 Posted : Saturday, December 06, 2014 1:52:57 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
$82,982,977 USD sent over the Bitcoin payment network for a measly $ 0.04 Transaction Fee!

Read more here https://news.ycombinator.com/item?id=8694286

That is why Bitcoin is here to stay!
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mic_mic
#116 Posted : Sunday, December 07, 2014 5:42:45 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
FirstMark Director: Bitcoin Needs Entrepreneurs Who Understand Money

http://www.coindesk.com/...eneurs-understand-money/
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mic_mic
#117 Posted : Sunday, December 07, 2014 5:44:10 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Ernst & Young: ‘Cryptocurrencies are a Great Innovation’

http://cointelegraph.com...s-are-a-great-innovation
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mic_mic
#118 Posted : Sunday, December 07, 2014 7:26:45 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
Must read article this one here

Bitreserve and the bitcoin volatility problem


https://www.techinasia.com/bitreserve-bitcoin-volatility-problem/
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mic_mic
#119 Posted : Sunday, December 07, 2014 7:42:04 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
The blockchain provides bank-like security
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mic_mic
#120 Posted : Sunday, December 07, 2014 7:45:43 PM
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Joined: 12/30/2012
Posts: 545
Location: NBI
I put in my skype on my profile. Happy to take scheduled calls. Drop me an invite.
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