adamstgBit
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October 05, 2012, 05:52:58 AM Last edit: October 05, 2012, 06:06:17 AM by adamstgBit |
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Does anyone have data on selling when prices reach a new whole number in USD?
sry, whole numbers are meaningless... their is no magical indicator that will let you know when to sell or buy.
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Yuhfhrh
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October 05, 2012, 05:58:39 AM |
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Does anyone have data on selling when prices reach a new whole number in USD?
sry, whole numbers are meaningless... their is no magical indicator, that will let you know when to sell or buy. Yes there is, all you have to do is look into my crystal ball... ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Froohaani.com%2Fwp-content%2Fuploads%2F2012%2F08%2Fmagical-ball.jpg&t=665&c=0fKH_dEcQexMOw)
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adamstgBit
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October 05, 2012, 06:09:13 AM |
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![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) i suggest you watch the "Wall Observer - MtGoxUSD wall movement tracker" for bold price movement prediction. then again, that may not the best idea... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I've been predicting a "plunge". IMO we are looking at months of trading in the teens and then a slow down trend that will inevitably led to a less then spectacular crash to <10$ ... good luck!
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pretendo
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October 05, 2012, 06:13:53 AM |
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Does anyone have data on selling when prices reach a new whole number in USD?
sry, whole numbers are meaningless... their is no magical indicator that will let you know when to sell or buy. No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
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sunnankar
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October 05, 2012, 06:21:35 AM |
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No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
EMH is a bunch of crap due to asymmetrical knowledge and information.
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pretendo
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October 05, 2012, 08:51:04 AM |
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No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
EMH is a bunch of crap due to asymmetrical knowledge and information. Yeah, every market participant doesn't need identical information for markets to be efficient, not even sure how you arrived at that conclusion.
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notme
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October 05, 2012, 03:07:40 PM |
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No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
EMH is a bunch of crap due to asymmetrical knowledge and information. Yeah, every market participant doesn't need identical information for markets to be efficient, not even sure how you arrived at that conclusion. No, but every piece of information has to meet a certain threshold of opposing parties who are aware of it for a market to be efficient.
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pretendo
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October 05, 2012, 10:10:11 PM |
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Wrong again. You can make "wrong" movies with wrong information and the market won't be less efficient. It does not take two to tango.
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notme
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October 05, 2012, 10:18:54 PM |
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Wrong again. You can make "wrong" movies with wrong information and the market won't be less efficient. It does not take two to tango.
Your statement 'You can make "wrong" movies with wrong information and the market won't be less efficient' is not the same as my thesis that every bit of information must be known by opposing forces in order for the market to be efficient. If my condition is broken, then the sole party with the true information can use exactly the tactic you describe to break the efficiency. They purposely let the price deviate from it's true value in order to gather money from suckers. I'll give you that the break is temporary because they have to take profits at some point, so sure, all markets are "eventually" efficient.
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pretendo
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October 05, 2012, 11:01:06 PM |
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Maybe you have a private definition of efficient, but it seems like you're arguing something else. At any given moment, a financial instrument's price takes into account all publicly available information, and if there is a large amount of insider trading, privately available. Prices change cannot be predicted by looking at historical price data.
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notme
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October 06, 2012, 04:44:03 PM |
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Maybe you have a private definition of efficient, but it seems like you're arguing something else. At any given moment, a financial instrument's price takes into account all publicly available information, and if there is a large amount of insider trading, privately available. Prices change cannot be predicted by looking at historical price data.
Well I've given clear definitions for my claims. You however seem to only be able to argue against claims I'm not making. I never said anything about predicting future prices.
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mobodick
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October 06, 2012, 08:15:17 PM |
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lol at the selloff...
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jimbobway
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October 18, 2012, 09:18:04 PM |
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Time for a rally...
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FreeMoney
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October 19, 2012, 12:11:09 AM |
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Wrong again. You can make "wrong" movies with wrong information and the market won't be less efficient. It does not take two to tango.
Your statement 'You can make "wrong" movies with wrong information and the market won't be less efficient' is not the same as my thesis that every bit of information must be known by opposing forces in order for the market to be efficient. If my condition is broken, then the sole party with the true information can use exactly the tactic you describe to break the efficiency. They purposely let the price deviate from it's true value in order to gather money from suckers. I'll give you that the break is temporary because they have to take profits at some point, so sure, all markets are "eventually" efficient. They would have to know the info and know that no one else can get the info and use it to make money by being less greedy.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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naima53
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January 08, 2013, 01:05:01 PM |
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Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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notme
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January 09, 2013, 02:11:03 AM |
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Nothing I wasn't used to seeing... until he shot out over his neighbors' houses.
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naima53
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January 09, 2013, 05:40:33 PM |
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Nothing I wasn't used to seeing... until he shot out over his neighbors' houses. He cleverly recharges. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) After adding the gunpowder, he throws cow manure and press a long metal rod. Showing everyone what he wants to do. As if the hints. And it's no longer a secret. though. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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notme
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January 10, 2013, 12:38:47 AM |
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Nothing I wasn't used to seeing... until he shot out over his neighbors' houses. He cleverly recharges. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) After adding the gunpowder, he throws cow manure and press a long metal rod. Showing everyone what he wants to do. As if the hints. And it's no longer a secret. though. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) lolwut
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naima53
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January 10, 2013, 06:47:38 PM |
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lolwut
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFOAf1.jpg&t=665&c=Cyev60kcy_XPdw)
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Donate me) 16f6iWHHkVEnDReeBQPT9GwCNwUfPTXrp2
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phatsphere
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January 11, 2013, 12:25:59 AM |
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is "lolthat" a new TA pattern?
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