BTC-USD Chart is exhibiting a neat triangle pattern now.

According to regular technical analysis theory the chart pattern in this incredibly volatile cryptocurrency is on the verge of another big move.

If the break out is to the upside of the triangle it is expected to make a big move up, and if the break out is to the lower edge then theory expects a break to the downside.

All the old school pundits Marc Faber, Jim Rogers, Ron Paul and Peter Schiff are still predicting a dollar collapse in the USA so if their predictions come true the Bitcoin markets will likely be off on another big bull market for a while.

Interesting video here from Ted Nelson, who claims to have figured out by using Sherlock Holmes style deduction who the creator of Bitcoin was. He names Shinichi Mochizuki, a maths professor who has just claimed to have solved the a+b= c conjecture maths problem with a 56 page paper on the subject. I like the way Ted Nelson thinks and see he might be actually correct.

http://www.youtube.com/watch?v=emDJTGTrEm0

The original whitepaper on Bitcoin was written by an unknown person or persons using the name Satoshi Nakamoto, who when tracked down denied he had anything to do with it. Interestingly it goes to show ( rather well ) how effective the encryption algorithms used in Bitcoins block chain actually are when the whole world is trying to find its creator and nobody can. Also notable is that Ted Nelson claims that Julian Assange used a bitcoin deposit with attachments to hide all his secret documents from the public.