Bitcoin Forum

Economy => Speculation => Topic started by: AmazonStuff on May 01, 2013, 09:53:25 PM



Title: Short-term target?
Post by: AmazonStuff on May 01, 2013, 09:53:25 PM
Please share your opinion  :)

http://www.negotiationisover.net/wp-content/uploads/2012/04/target-300x300.jpg


Title: Re: Short-term target?
Post by: uMMcQxCWELNzkt on May 01, 2013, 09:56:49 PM
You should add $180+ and $40- just for the sake of those who believe in either of the extremes.


Title: Re: Short-term target?
Post by: AmazonStuff on May 01, 2013, 09:58:28 PM
You should add $180+ and $40- just for the sake of those who believe in either of the extremes.

Here, you have extremes now :D


Title: Re: Short-term target?
Post by: evolve on May 01, 2013, 10:17:16 PM
Depends on what you mean by "short term" (Weeks, days, hours, minutes?). I voted $80 and assumed we were talking about days.


Title: Re: Short-term target?
Post by: AmazonStuff on May 01, 2013, 10:20:35 PM
Depends on what you mean by "short term" (Weeks, days, hours, minutes?). I voted $80 and assumed we were talking about days.

OK, let's say 24h


Title: Re: Short-term target?
Post by: AmazonStuff on May 01, 2013, 10:23:23 PM
Currently, results look like normal distribution...


Title: Re: Short-term target?
Post by: Ichthyo on May 02, 2013, 12:30:31 AM
Currently, results look like normal distribution...

...centred roughly at the current price
with a bias to slightly lower values in the centre of weight,
but with a more developed tail on the up side


Title: Re: Short-term target?
Post by: arepo on May 02, 2013, 05:48:17 AM
straight to zero, of course ::)

edit:
Currently, results look like normal distribution...

...centred roughly at the current price
with a bias to slightly lower values in the centre of weight,
but with a more developed tail on the up side

this is a really good model. the normal distribution is a probabilistic representation. i wonder how one would go about calculating the skew?


Title: Re: Short-term target?
Post by: notme on May 02, 2013, 06:00:31 AM
straight to zero, of course ::)

edit:
Currently, results look like normal distribution...

...centred roughly at the current price
with a bias to slightly lower values in the centre of weight,
but with a more developed tail on the up side

this is a really good model. the normal distribution is a probabilistic representation. i wonder how one would go about calculating the skew?

Skew = (mean - median ) / (standard deviation)


Title: Re: Short-term target?
Post by: seleme on May 02, 2013, 06:17:10 AM
Don't have idea and nobody does. Act as it happens, that's the only way you can deal with bitcoins market, unless you're the one who can make things happen.


Title: Re: Short-term target?
Post by: arepo on May 02, 2013, 06:37:38 AM
straight to zero, of course ::)

edit:
Currently, results look like normal distribution...

...centred roughly at the current price
with a bias to slightly lower values in the centre of weight,
but with a more developed tail on the up side

this is a really good model. the normal distribution is a probabilistic representation. i wonder how one would go about calculating the skew?

Skew = (mean - median ) / (standard deviation)

executing that on historical price data would be simple. the question is, is it a functioning indicator? is the height above the peak of the distribution indicative of deviation from a trendline? time-scale matters here as well.