Speaking of endings sir, when will this bear market end? ;P

Since some believe that the current market movements are similar to the ones in July 2013, here are 2 charts that show they are not.

The market is oblivious to the reality at the moment but it will come to an end; negative news oversea, the capital the innovation and the production in the states have bought the USD some time

there is an interesting dynamic perhaps at play here

notice that btc is going up at the same time as the USD, this may seem counterintuitive

btc should be falling but now it is rising above the $, perhaps this means that some subset of users see BTC as more favorable than the U$D when getting out of other fiat currencies.

I am waiting for Luc to come out of woods and declare that upper daily BB when falling is a very hard resistance.

So, double bottom coming?

Bitcoin might not have been banned in Ukraine. A forexminute article says a Ukrainian user in Reddit contradicts the news

http://www.forexminute.com/bitcoin-news/ukraine-ban-bitcoin-49499

Here's his reddit post

https://www.reddit.com/r/Bitcoin/comments/2lvczp/ukraine_and_bitcoin_clarification/

The text below is quoted from the forexminute article, and basically says bitcoin has not been banned in Ukraine.

Posting his comment inr/Bitcoin, this user says that as he can read National Bank of Ukraine website and their original posting, there is nothing like they have banned Bitcoin. According to him they stated that Bitcoin is not regulated by them or anybody and they cannot guarantee safety of funds or operations.
The user further clarifies that the National Bank of Ukraine stated that Bitcoin is often used for illegal activities and pointed out that only legal currency for payment for goods and services inside Ukraine is Hryvnia (UAH). According to them it always was that way; therefore, none can slap anything on price tag in the shop except UAH.

The National Bank of Ukraine also determined that the sale logic is applicable for other officially documented prices or contracts. The organization asks citizens to be vigilant for scams when using Bitcoin. Essentially, the Government bank is saying that if the users lose their money transacting Bitcoin, they are warned beforehand.

At the same time the National Bank of Ukraine has urged the citizens to use the national currency than Bitcoin for their business records and official prices and tax records. Essentially, the warning is typical that has been used by various other governments like India, China, Russia, etc. around the world that consider Bitcoin a challenge for their national currencies.

lol