Bitcoin Forum

Economy => Speculation => Topic started by: Xrim on April 17, 2013, 02:28:04 PM



Title: I have decoded the up and down of bitcoin!!!
Post by: Xrim on April 17, 2013, 02:28:04 PM
So I have been trading for a while now and have discovered a pattern that corresponds to 90% of all my trades!

I have noticed that when I buy the price in USD drops an hour or so after, and when I sell the price in USD rises a short while after.
So BTC behaves just the opposite of how I wish it should... Hence I will post my decisions here so other might profit from my decisions.

I just sold... hence the price will go up :)


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: OnlyGoodVibes on April 17, 2013, 02:29:07 PM
I'm sensing a Schrodinger's cat situation, now you are observing it you will find the outcome changes.  ;D


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: superside on April 17, 2013, 02:31:38 PM
For me when I try to sell the price will drop immediately, I ended up chasing the value down to 69 before getting a bite. I was hoping to buy back at 60 but we'll see.
I  honestly don't care at this point. If it continues to rise I'll be done with day trading if it crashes out, I'll buy more


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: Xrim on April 17, 2013, 02:32:59 PM
Nope, it is still rising.
By the way, the cat is dead!


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: Photonfrog on April 17, 2013, 02:45:13 PM
The solution to this pattern is to always both buy and sell. Doing so will maintain the schroedinger pseudostate and also thwart murphys law. The only problem is that you will also cut your risk level.


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: Xiaoma on April 17, 2013, 08:37:41 PM
So I have been trading for a while now and have discovered a pattern that corresponds to 90% of all my trades!

I have noticed that when I buy the price in USD drops an hour or so after, and when I sell the price in USD rises a short while after.
So BTC behaves just the opposite of how I wish it should... Hence I will post my decisions here so other might profit from my decisions.

I just sold... hence the price will go up :)

It is strange it is also doing the same to me. There has to be some alien conspiracy or it is an astral alignment of stars..

Another pattern is.. if I send BTC to the exchange, the price falls a lot before the transfer get confirmed. If I deposit dollars, the price rise a lot before the money is cleared in the account. It is almost psychic how the exchange knows of my future movements. :D


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: prof7bit on April 17, 2013, 08:52:47 PM
I have noticed that when I buy the price in USD drops an hour or so after, and when I sell the price in USD rises a short while after.

You are almost there. Only two or three more years and you will understand the answer to the ultimate question to life, the universe and everything. The hint about Schroedinger's cat is relevant too! Once you have mastered this last step you will be able to move the market at will by just staring at the chart ;-)


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: phatsphere on April 17, 2013, 08:59:33 PM
:facepalm:


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: kokjo on April 17, 2013, 09:02:10 PM
this theory have been discussed before and i don't remember the conclusion...


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: johnwhitestar on April 17, 2013, 09:07:46 PM
From my point of view what you describe depends on the fact that the people who is making big money with BTCs are using statistics, that's why your experience is similar to the majority's of traders here.


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: Xrim on April 18, 2013, 05:04:48 AM
Ok guys update and financial advise here...

I just bought, so you should sell!


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: TsuyokuNaritai on April 18, 2013, 05:17:49 AM
So I have been trading for a while now and have discovered a pattern that corresponds to 90% of all my trades!

I have noticed that when I buy the price in USD drops an hour or so after, and when I sell the price in USD rises a short while after.
So BTC behaves just the opposite of how I wish it should... Hence I will post my decisions here so other might profit from my decisions.

I just sold... hence the price will go up :)

Buy all in. Price drops for an hour.
Sell 0.0000001 BTC an hour, raising price, till price up to silly bubble.
Sell all. Price goes up for an hour.
Buy 0.0000001 BTC an hour, till "blood in the streets".
Repeat.
Retire to private island.


Title: Re: I have decoded the up and down of bitcoin!!!
Post by: zedicus on April 18, 2013, 05:19:53 AM
^^ lolz, we got us a real life al bundy! Do yo have a black cloud following just you? A possible cigarette in your salad? Do you drive a dodge?


Go stand in front of a mirror... does youre shirt say no maam!! rofl


Cheers!