Bitcoin Price Exceeds Downside Target

Bitcoin Price Exceeds Downside Target

Bitcoin price is extending below target as the idiocy of GavMikeCoin becomes apparent. Not only is Gav a limited capacity coder, but Mike has run away – leaving bright-spark Brian “Buzz” Armstrong to fend for his Silicon Valley Bank licence alone. It’s all going to end in tears.

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Bitcoin Price Analysis

Time of analysis: 15h00 UTC

Bitstamp 4-Hour Chart

Selection_20160305_003

From the analysis pages of xbt.social, earlier today:

Sorry to say it, but Gavin Andresen is not a naturally endowed clever guy – you can look in his eyes and see that. A self-described “grumpy-old-man” he only wants to see Bitcoin compete with Visa and aquiesce to the current financial system in order for him to feel that Bitcoin has achieved status as an alternative money. Mike Hearn had managed to erode privacy

Read more ... source: TheBitcoinNews

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