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Title: Outside indicators Post by: zby on April 28, 2012, 07:23:42 AM Do you trade on outside indicators like Google trends or just news hits? Or do you use only technical analysis?
Title: Re: Outside indicators Post by: notme on April 28, 2012, 07:28:05 AM Do you trade on outside indicators like Google trends or just news hits? Or do you use only technical analysis? I trade on hearsay, astrology, and reading the cracks in roasted chicken bones. I also put faith in MACD, RSI, and ARGH. Google trends is delayed a few days, but then again it also takes a few days to get set up to buy bitcoin. Title: Re: Outside indicators Post by: waspoza on April 28, 2012, 09:30:24 AM Talking about google trends, we have nice spike now: http://www.google.com/insights/search/#q=bitcoin&date=today%201-m&cmpt=q
Title: Re: Outside indicators Post by: zby on April 28, 2012, 10:00:56 AM Talking about google trends, we have nice spike now: http://www.google.com/insights/search/#q=bitcoin&date=today%201-m&cmpt=q That's what I am talking about - the technicals point down, down - but the indicators about bitcoin reaching out from the early adopters ghetto are improving. Personally I rely more on the outside indicators - because without new funds flowing into the bitcoin economy the price cannot go up.Title: Re: Outside indicators Post by: Technomage on April 28, 2012, 12:29:29 PM I follow everything but I put more weight on the so called outside indicators and also my general feeling on how Bitcoin is doing. All I can say for the current situation is that I'm not worried at all. I see the support levels continuing to climb, finally closing in on $5 which is where we'll have an interesting situation. Outside indicators and my general feeling is very good at the moment.
Title: Re: Outside indicators Post by: Spekulatius on April 28, 2012, 02:17:55 PM We now have a high on google search volume not seen since the "Anarchic new toy.." article on Reuters by Naomi O'Leary, since the 2nd of April. Tendency: Rising
http://img259.imageshack.us/img259/5396/unbenanntolm.jpg (http://imageshack.us/photo/my-images/259/unbenanntolm.jpg/) You tell me what to make of it ;) Title: Re: Outside indicators Post by: zby on April 28, 2012, 02:50:24 PM I attribute that google trends peak to http://www.reddit.com/r/girlsgonebitcoin and I am pretty sure that this is only the start - it has all the features to go viral in a big scale.
Title: Re: Outside indicators Post by: Jointops420 on April 28, 2012, 11:54:54 PM Also bitcoin was on a radio station and major newspaper in Melbourne Aust with Silk Road being talked about on a nation wide prime time TV show of course brining up bitcoins. So thats a lot of new people to take into consideration having interest in drugs or bitcoins.
Title: Re: Outside indicators Post by: waspoza on April 29, 2012, 08:30:51 AM About girls gone bitcoin, you guys seen this article on gizmodo? http://gizmodo.com/5905394/nsfw-reddit-women-are-getting-naked-for-bitcoins
Some quotes: "virtual currency that's not really worth anything", "internet funny money". I always thought there are ppl with brains on gizmodo, but they are clueless it seems. |
