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Title: I drew lines on a chart. Post by: ElectricMucus on October 21, 2012, 11:19:01 PM Title: Re: I drew lines on a chart. Post by: silverbox on October 21, 2012, 11:20:46 PM YO!, You shouldn't be giving away such awesomeness for free!!
Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 21, 2012, 11:36:25 PM I'm in the mood. :)
Besides I like "stable" prices. Title: Re: I drew lines on a chart. Post by: Foxpup on October 22, 2012, 01:29:01 AM The long term trend consists of straight lines on a linear chart? Guess we're all doomed, then.
Title: Re: I drew lines on a chart. Post by: mobodick on October 22, 2012, 04:34:03 AM I think you're one trend behind.
Title: Re: I drew lines on a chart. Post by: phatsphere on October 22, 2012, 10:08:00 AM more love for logarithms please!
Title: Re: I drew lines on a chart. Post by: herzmeister on October 22, 2012, 10:29:32 AM You drew a lot of lines. Which one is the long term trend? ???
I still believe there wouldn't have been a crash, at least not that massive, had it not been for the MtGox incident. I still meet folks who believe "Bitcoin was hacked". Lots of "investors" back then didn't really understand Bitcoin yet, and just followed the herd when everyone was selling. Title: Re: I drew lines on a chart. Post by: Mushoz on October 22, 2012, 11:31:29 AM Okay, so lots of nice looking lines, but what do they mean? Will the price go up or down in the short/mid/longterm?
Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 22, 2012, 12:53:18 PM The long term trend consists of straight lines on a linear chart? Guess we're all doomed, then. I'm not saying it is forever. Title: Re: I drew lines on a chart. Post by: Spekulatius on October 22, 2012, 01:20:22 PM Seriously Mucus, the only two lines that have some informational value are those two:
http://i47.tinypic.com/s2uus8.png Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 22, 2012, 01:34:45 PM People ask what's a long term trend, here is one... Stop complaining.
Title: Re: I drew lines on a chart. Post by: Akka on October 22, 2012, 01:41:18 PM Seriously Mucus, the only two lines that have some informational value are those two: http://i47.tinypic.com/s2uus8.png Impressive, so he accidental made 1/3 of his random lines have informational value. Come on Mucus, you can do better. (or worse, seems like how serious you take this whole 0 evidence speculations). Title: Re: I drew lines on a chart. Post by: BitLucky on October 22, 2012, 02:02:56 PM more love for logarithms please! http://www.youtube.com/watch?v=8L6Dpq5kY_A Title: Re: I drew lines on a chart. Post by: DoomDumas on October 22, 2012, 03:25:23 PM more love for logarithms please! Indeed, I go for Log chart too, much more representative of reality ! In linear chart, price doubling looks like bubbles, in fact, on a log chart, price are much more realistic when big varation occurs ! see.. Linear : Wow, a bubble and a crash !!! http://s13.postimage.org/tppevm9cj/image.jpg (http://postimage.org/image/tppevm9cj/) Log : Ok, some reasonable variation !!! http://s15.postimage.org/78f67ocdj/image.jpg (http://postimage.org/image/78f67ocdj/) Very different ! Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 22, 2012, 06:51:41 PM Same method different timeframe.
You all still think of the parallel lines as pointless? https://i.imgur.com/Ey1BR.png I realize that "lines on a chart" has limitations, but it isn't supposed to exceed those, at least for me. For something better there need to be rigorous methods. Title: Re: I drew lines on a chart. Post by: mobodick on October 22, 2012, 06:54:15 PM Same method different timeframe. You all still think of the parallel lines as pointless? https://i.imgur.com/Ey1BR.png Aah, there you go,. latest trends ladies and gentlemen! :) Title: Re: I drew lines on a chart. Post by: myself on October 22, 2012, 11:09:20 PM Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 22, 2012, 11:21:02 PM IDK... did you automate it?
Title: Re: I drew lines on a chart. Post by: myself on October 22, 2012, 11:29:22 PM IDK... did you automate it? http://www.sierrachart.com/index.php?l=doc/doc_TechnicalStudiesReference.html#244Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 22, 2012, 11:43:22 PM IDK... did you automate it? http://www.sierrachart.com/index.php?l=doc/doc_TechnicalStudiesReference.html#244In that case make a bot and see if you won... Title: Re: I drew lines on a chart. Post by: myself on October 23, 2012, 12:00:26 AM In that case make a bot and see if you won... /makebot does not work for me >:(Title: Re: I drew lines on a chart. Post by: SkRRJyTC on October 23, 2012, 01:05:47 AM In that case make a bot and see if you won... /makebot does not work for me >:(You must be missing some parameters. ;D Title: Re: I drew lines on a chart. Post by: myself on October 25, 2012, 01:28:11 PM so the lines are awesome no ?
Title: Re: I drew lines on a chart. Post by: ElectricMucus on October 25, 2012, 07:42:53 PM So far it seem the bears would at least be successful in pushing the price down to 10.
so the lines are awesome no ? what?btw where are your posts? Title: Re: I drew lines on a chart. Post by: cloon on October 25, 2012, 09:12:12 PM here's one of my long term analysis
hard resistance between 10 and 10.5. below its freefallzone :-[ http://s12.postimage.org/girk8x319/bitcoinbild.jpg |
