Lower prices make Bitcoin more affordable for the masses. Thank Satoshi Bitcoin's laissez faire individuality won't be shackled by WC3's fascist strictures and regulations. Very welcome bullish news  |
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^
OK. My thoughts re. long-term TA strategies in general is too many variables have a chance to crop up--major news and stuff. Just seems like TA is more useful in finding short, repeating patterns which could be rapidly confirmed/denied. Longer period -> fewer data points -> less accessible to statistical analysis.
Just an opinion.
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... techno communists.
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...
At the moment I'm wondering why we don't just go down
We are going down. $338 on Stamp. |
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What up, bitches Good morning, gentlemen!   |
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I'm the guy who buyed @ 1000 and then whatched his money slowly decreasing till now, and didn't sold. I will not sell when it will reach 1000 again, and will not @ 10000. I will not sell when it will " crash" back again to 3000. When I will be billionaire, I will be more epic than " that guy"  You're pretty broke now, huh bro? Ask me how I guessed |
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Ohmy!
Sry for double post, had to quote this though because it contains trace elements of bullishness  Better yet, I called 340 befor 350 on stamp and blew it  BRB, seppuku. |
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^Stamp. Though Looks like i'll eat this one.
Look at it go!
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On stamp: 350 or 340 next? *340  next target 360 if whale really care to dispell the beariness of the market Just call 350 0r 340, no walls, 345 now, go! Not asking for your coin--simply a call. |
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On stamp: 350 or 340 next? *340 |
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^
Herd mentality somehow got a bad rap in this herd of special snowflakes. Herd mentality is an adoptive behavior, herd animals fare much better within the herd than outside it. Going against the herd may seem romantic, but it's not life-affirming.
/tangent
Anyhow, knowing about "herd mentality" nets you nothing. If you see everyone selling (tanking the price), you should also sell (the price is going down, regardless of it being irrational).
TL;DR: Everyone panicking is cause enough to sell. Due to panic or common sense, doesn't matter, the result's the same.
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Although OP seems a bit overly optimistic with the "kids and grand kids writing storys"-part, he's right with his assumption that even those who buy today will be considered early adopters.
... Only if Bitcoin survives [in a meaningful way] for a few more years. There's a [non-trivial] possibility that people buying @340 will be know for buying close to the top, like those who bought @1k. |
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Some people need to take holidays, seriously.
I would, if Bitcoin didn't make me poor.  if bitcoin made you poor, you're doing it wrong. This. In a bull market, an average investor makes money. Conversely, in a bear market, an average investor loses it. 2014 has been a bear market. To profit in a bear market, one would have to be above average. As I know you all are. Obvious, but stands repeating  |
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It questioned your TA abilities. If your "Lazy Wale" algorithm netted junk results, why should anyone take this TA iteration any more seriously?
This thread is nothing more than scientified book talk.
See, that's the talk I don't mind one bit. Why not ask it in the thread I made about the algo? But to be clear: what are the junk results of the algo in your opinion? That it still didn't give a 'buy' signal? When we're actually back down to 330/340? Seems good to me. It's junk because it failed to yield any results. The utility of your algorithm appears to be exactly zero--neither positive nor negative. Without knowing the actual ruleset (which you chose not to share), I can only assume that it's junk The "do not panic" thread seems to also be somewhat self-serving. What relevance did the Obama +1 Meme have that my question did not? |
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It questioned your TA abilities. If your "Lazy Wale" algorithm netted junk results, why should anyone take this TA iteration any more seriously?
This thread is nothing more than scientified book talk.
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