Bitcoin Forum

Careful analysis and 89 years of experience leads me to believe that Bitcoin is about to go through the roof.

Though most will not understand the dynamics of what this chart shows, those that do will be blown away.

http://i42.tinypic.com/2ur5zle.png

You heard it here first.

You'r at least 99?

Perhaps I should have been more clear. That is a combined years experience.

178 people with .5 years experience.

That is a lot of experience though.

Most will not be intelligent enough to see the Emporer's clothes. Those that do will see how incredible they are!

indeed, I can recognize the hand of a 6 month old in your chart.

Sounds legit.

How did all thease people agree on the future price?

Posts that try to be funny but fail miserably are a bearish sign.

Posts that point out bearish signs are a bullish sign :-)

+1 :D

Low volume is always a bearish sign in these early stages IMO. The fact that the exchange rate isn't declining more rapidly means most investors are bullish long term. But we are still waiting for mainstream adoption and that will not happen to a satisfactory degree for years. There are however people like me who always buy on the way down, so I don't think there will be extreme instability even though the volume is low. By extreme, I mean in Bitcoin norms of course. :) Either way, I'm positive that the market is getting healthier with each crash, so I'm long ftw.

The kid in the front, that's the one I'd like to see on the tines of pitchfork. That ad campaign has forever changed my feelings about infanticide  ;D

Well, since you brought the 2 month chart to our attention, I would like to point out a little history:

- In the month of December, very incrementally, the price gradually rose up from $2.80 to $4.00
- In the 1st week of January, on heavy volume, the price rallied from low $4s to $7.00
- The following 10 days, we repeatedly rallied from low/mid $6s to just under $7.20, on high volume
- We crashed on Jan 18
- After slight bounce up from Smack-Down, we've dwindled to low $6s on very little volume

Whether because of manipulation, Bitcoinica, or just sheer rally-driven exuberance, seems evident that
were now reeling from from a bubble.  Some feel that we have more price correcting to do; I have to agree.

To think that now we are going to rally up to $12 in February, after what we've just gone through, I just
don't see it.

Posting in an epic thread.

OP is an idiot, please stop these threads.

So who now does not believe that threads like this are a bearish sign?

Finally an indicator that works.

Sarcasm.

I can't believe you would write off 89 years of experience...

I actually think that experience beneath some certain amount is fractional.  Let's say for a moment that the modicum of experience to not nuke the world with stupid trades is 5 years, 178 .5 year olds  .1 units COMBINED experience ie .1 ^ 178'th is 1.e-178th units of experience.

These are mathematics you cannot argue with.

I think the key vector here is COMBINED, for without that constant, the fractional reserve of Experience is diluted by
the inverted amount of stupid trades.

I like to think that this thread gave the market a slight push to make things exciting again.

It was better than the thread titled "yawn"...

I am bullish long, but enjoy the wild back and forth in the mean time.

I am Starfished Short and wonder what the hell I am doing here.

Late Poster has no sense of humor, please stop commenting in these threads.

I certainly have a sense of humor, I just prefer posts with more substance and thought.  I know this is the internet so I have to set the bar low but when OP posts three threads in five minutes it is a little much. CRASH!!!, RALLY!!!!, BTC TAKEOFF!!!!...I understand the humor, OMG bitcoin could go either way wow! It is just there is a point where these types of threads reach a point of over saturation...a point long passed by our "Hero" members.

You should probably apply for mod privileges and ban everyone who cracks a joke. Then BTC will really take off. You can tell how upset everyone is with people posting things. It makes me sick just thinking about it.

You know you are right I don't know why I don't find these jokes funny I must have no sense of humor, please make me a mod now.  Please make it happen, I really want BTC to take off, that is what you said would happen right? It has to be true someone wrote it in this thread.

Look at it go!

http://www.youtube.com/watch?v=_ehvML9vK-Y

As a corollary, http://en.wikipedia.org/wiki/The_Wisdom_of_Crowds

I was premature in my prediction, now it will TAKE OFF!!!

woo hoo!!!

I'm a "Hero" member and I found the OP hilarious.

But OP was way off... by his prediction, we should be above 8 by now :P

Oh shit, you're absolutely right.  This shit is NOT funny anymore; we are WAY behind...  Pull it together people, we have a ship that needs a sober crew...

XD

lol... I guess I should rest up then if it's a sober crew ye be wantin'

+1... I'm wetting myself at those who thought he was serious

meh..post a chart here...any chart...and someone will buy it IMO  ;D

We're ALL the Manipulator.

I mean seriously... he opened his OP with:

Careful analysis and 89 years of experience leads me to believe that Bitcoin is about to go through the roof

 ;D

Current Bitcoin chart pattern could indicate a repeat of huge rally
http://chart.ly/f4tau4y (http://chart.ly/f4tau4y)

http://chart.ly/uploads/large_f4tau4y.png?1328561651

This was all covered here:

https://bitcointalk.org/index.php?topic=49985.0 (https://bitcointalk.org/index.php?topic=49985.0)

its trousers for a good hard shafting :P

1 man with 1 year of experience > 10 man with .5 years of experience each

Sry mate, you're wrong. Just wrong.