|
Title: Was it Zynga? January In Depth. Post by: alpha492 on January 09, 2014, 01:43:35 AM Anyone else getting sick of the clowns at Bloomberg, Business Insider, and Forbes attributing very natural market activity to imaginary catalysts?
http://www.wallstreetcrypto.net/2014/01/was-it-zynga-january-in-depth_22.html Stop over at wallstreetcrypto for real analysis from contributors with a real history of involvement in cryptocurrency not jackasses trying to Monday morning quarterback Bitcoin. Title: Re: Was it Zynga? January In Depth. Post by: alpha492 on January 09, 2014, 02:45:02 AM Also, feel free to join #cryptoforex on freenode for live lessons and Q&A
Title: Re: Was it Zynga? January In Depth. Post by: MatTheCat on January 09, 2014, 02:38:10 PM Anyone else getting sick of the clowns at Bloomberg, Business Insider, and Forbes attributing very natural market activity to imaginary catalysts? http://www.wallstreetcrypto.com/2014/01/was-it-zynga-january-in-depth.html Stop over at wallstreetcrypto for real analysis from contributors with a real history of involvement in cryptocurrency not jackasses trying to Monday morning quarterback Bitcoin. Read the blog post before I seen this forum post and it echoed my sentiments exactly. But this is typical of basically all financial media reporting. The price moves in a direction first, the news to 'explain' that move comes second and a laughable second at that, with the odd notable exceptions of course (China ban). Title: Re: Was it Zynga? January In Depth. Post by: skivrmt on January 09, 2014, 03:03:05 PM Anyone else getting sick of the clowns at Bloomberg, Business Insider, and Forbes attributing very natural market activity to imaginary catalysts? http://www.wallstreetcrypto.com/2014/01/was-it-zynga-january-in-depth.html Stop over at wallstreetcrypto for real analysis from contributors with a real history of involvement in cryptocurrency not jackasses trying to Monday morning quarterback Bitcoin. Read the blog post before I seen this forum post and it echoed my sentiments exactly. But this is typical of basically all financial media reporting. The price moves in a direction first, the news to 'explain' that move comes second and a laughable second at that, with the odd notable exceptions of course (China ban). This is typical though of not just Bitcoin but even the general markets. Very few people realize most news outlets have pre-prepared news story of why the DOW went down today and why the DOW went up today. They basically make some minor changes to either story, and boom, here's the "why" the market went up, good earnings, good reporting numbers, etc. Title: Re: Was it Zynga? January In Depth. Post by: arepo on January 09, 2014, 03:07:21 PM Anyone else getting sick of the clowns at Bloomberg, Business Insider, and Forbes attributing very natural market activity to imaginary catalysts? http://www.wallstreetcrypto.com/2014/01/was-it-zynga-january-in-depth.html Stop over at wallstreetcrypto for real analysis from contributors with a real history of involvement in cryptocurrency not jackasses trying to Monday morning quarterback Bitcoin. Read the blog post before I seen this forum post and it echoed my sentiments exactly. But this is typical of basically all financial media reporting. The price moves in a direction first, the news to 'explain' that move comes second and a laughable second at that, with the odd notable exceptions of course (China ban). This is typical though of not just Bitcoin but even the general markets. Very few people realize most news outlets have pre-prepared news story of why the DOW went down today and why the DOW went up today. They basically make some minor changes to either story, and boom, here's the "why" the market went up, good earnings, good reporting numbers, etc. haha the funny thing is, threads like wallwatcher are infected with the same kind of superficial "explain away" attitude which is actually pretty dangerous in its self-assuredness with regards to things like markets... Title: Re: Was it Zynga? January In Depth. Post by: alpha492 on January 10, 2014, 10:26:10 AM Anyone else getting sick of the clowns at Bloomberg, Business Insider, and Forbes attributing very natural market activity to imaginary catalysts? http://www.wallstreetcrypto.com/2014/01/was-it-zynga-january-in-depth.html Stop over at wallstreetcrypto for real analysis from contributors with a real history of involvement in cryptocurrency not jackasses trying to Monday morning quarterback Bitcoin. Read the blog post before I seen this forum post and it echoed my sentiments exactly. But this is typical of basically all financial media reporting. The price moves in a direction first, the news to 'explain' that move comes second and a laughable second at that, with the odd notable exceptions of course (China ban). In my opinion, if its not predictive its not worth saying. Hindsight requires a particularly irritating kind of arrogance. Thanks for stopping by the site and sharing your thoughts! Title: Re: Was it Zynga? January In Depth. Post by: alpha492 on January 12, 2014, 12:05:04 PM Planning on posting mid-month analysis within the next few days, keep on eye on wallstreetcrypto if your interested.
Title: Re: Was it Zynga? January In Depth. Post by: skivrmt on January 12, 2014, 04:14:31 PM Planning on posting mid-month analysis within the next few days, keep on eye on wallstreetcrypto if your interested. I'll pre-help. ;) If we don't hold these levels in the mid 800's by the end of the weekend I think we'll slowly slide to the mid to low 700's. Volume really decreased and not enough to sustain little run. |