 wow i just can't stop looking at bitcoinwisdom
|
|
|
|
|
meanwhile we're less than 2$ from breaking upper log trendline from november
|
|
|
|
|
We are less than 10$ from breaking that long term logaritmic upper trendline
|
|
|
|
If you truly are holding in the neighborhood of 10k coins, it seems prudent for you to utilize some of your stash towards the expansion of the BTC infrastructure.
Purchasing the castle and initial investments ate about BTC3,000 of my stash so I am done for now. Next time I'll sell at $3k. If you want to help me with ideas, how to integrate hotel and bitcoin as much as possible, I have a thread for it. you could ask mmitech and mervynpumpkinhead to welcome your guests  |
|
|
|
|
Price forecasts are meaningless without a model imho. I can forecast the price for tomorrow with more precision if compared to any multi-year model but that's just blind following the market with reduced error (due to much smaller timeframe). Pretty much useless, if not harmful, in the long term if you ask me.
How can you spot bitcoin off track without a model? In fact, if my interpretation of SlipperySlope's model is correct, we are either in a "Moment of maximum opportunity" but also "Maximum risk of model breaking" because we are so close to historical boundaries of model itself.
I know my english is far from perfect, apologies for that.
|
|
|
|
You're welcome.The model is on my computer, so far scattered in several files but I'll clean it up.
It is not based on a particular modelling theory. I've started it from scratch, looking for correlations.
Have a nice week.
I'm genuinely interested, but without a model you just made a price forecast. There's no point comparing it to SlipperySlope's model as the timeframe and historic volatility, among others parameters, must be considered. If you think the last 12 months followed a different pattern, best suited by your model, you should explain it somehow as it would be of great value for everyone. Have a nice week too! |
|
|
|
|
Pardon me, but where's the model?
|
|
|
|
wishful thinking: we spent those bear months with rallies on weekends and dumps during the week. Therefore maybe the trend is reversing? Yeah, keep dreaming Teppino  |
|
|
|
|
Maybe i'm drawing wrong lines, but my upper trendline always come at about 471 which isn't broken, yet
|
|
|
|
|
Or same ol' insiders frontrunning
|
|
|
|
hello,
1) just to say it's a plaisure to read you since few days, and see that you talk 99% about the initial topic. ( and not social, etc...Maybe the ''bet story'' wasn't necessary ;-) )
2) Why china rule the BTC world, and not the US ? Is it like this from the begining ?!
China inflated bitcoin 1000% with its trillion dollar shadow currency market, which does not exist in the U.S. How do we know for sure that numbers? I'm not trying to troll, but i just want to figure out something i might have missed. As far as i know we had bubbles of comparable magnitude before, with or without China. Add to this the probably fake volume of their exchanges and some doubt might arise. I'm not saying they had no part at all, but maybe they just played the bull market skillfully and now they're doing the same on the bearish waters. But a skillfull player role is very different from market maker one. |
|
|
|
|
+2 euphoria votes, is silkroad back?
|
|
|
|
Now we need another poll about what substance took the guy who voted "euphoria"
Mixed the pills again grandpa? I'm strong and handsome |
|
|
|
|
Now we need another poll about what substance took the guy who voted "euphoria"
|
|
|
|
|
Are we entering a world of pain?
|
|
|
|
|
i feel that with 3d macd crossing upward will also come some positive news from China
|
|
|
|
|
I guess it means "extinction event"
|
|
|
|
|
i think miners are getting paid under trend but obviously above market prices, if you look at how far we are from trend price you'll realize it's the most profitable manipulation that could be made from "big money"
|
|
|
|
 Or maybe this one, but this would mean we aren't even rallying right now. spirit of fonzie, leave this body! |
|
|
|
|
Looks to me that TA works best in regulated markets, with fair clear rules.
I feel Bitcoin have a lot of underground movements, blockchain analysis might be best suited. For what i know it could be convenient for big capitals to keep exchanges prices low and buy straight from miners. China have the infrastructure/skill to build their own high performance miners as well, to me this only means that exchanges are only a (small) attempt to trade something new in a old way.
Also, from past experiences, unless i read some clear, straight and official statement i tend to consider everything as price manipulation attemps (bullish therefore).
That said i highly respect the work of skilled analysts.
|
|
|
|
|
Show Posts
