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Title: Speculation board: Land of "Up is Down and Down is Up" Post by: AmazonStuff on April 22, 2013, 07:13:46 PM Whenever Speculation Board screams up, it's almost the rule that BTC price goes down. On the other side, whenever it screams down it's almost certain that BTC goes up, funny :D
Title: Re: Speculation board: Land of "Up is Down and Down is Up" Post by: Birdy on April 22, 2013, 08:21:30 PM Yes, you shouldn't be listening to that.
If you believe that Bitcoin will be a success you will just buy, hold or use&rebuy. Look at daytrading more like at gambling in a game like Poker. There are some people who will have a big advantage, because they know something. In poker that's counting cards, knowing statistics. In Bitcoin that's knowing great/bad news before everybody else knows them. Some others can use psychological tricks - In poker that's reading the face, bluffing, in Bitcoinland that's reading trends, barrier numbers like $100 and posting on forums. -> Speculation forum posts are like bluffing/not bluffing in poker. |