ElectricMucus
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 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 12, 2013, 08:09:02 PM |
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It's called selective perception. TA should not be influenced by what you want to happen.
Doesn't all TA fit under this description? Well it's a qualitative property if it isn't influenced by emotion. There are other qualitative properties but this one is fairly important. And completely discarding emotion isn't something human beings can do, that's why I think automated rule based systems are best. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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samson
Legendary
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Activity: 2097
Merit: 1068
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July 12, 2013, 08:09:43 PM |
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But after this week I'm not sure we will see 60~70 ever again.
LOL, I've heard that a few times before. |
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N12
Donator
Legendary
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Activity: 1610
Merit: 1010
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July 12, 2013, 08:11:36 PM |
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After this week, I'm not sure we will see triple digits in 2013 again.
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Frozenlock
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July 12, 2013, 08:12:42 PM |
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Argh darn... I bought some coins thinking people would start panic buying
 Panic might be in the other direction... |
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Frozenlock
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July 12, 2013, 08:13:11 PM |
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After this week, I'm not sure we will see triple digits in 2013 again.
OK, now you are just trolling.  |
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MAbtc
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July 12, 2013, 08:14:01 PM |
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After this week, I'm not sure we will see triple digits in 2013 again.
Hehe. It was a lot of fun riding this bull trap. It's gonna be a blood bath out there. |
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Abandon
Member
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Activity: 112
Merit: 10
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July 12, 2013, 08:14:07 PM |
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It's called selective perception. TA should not be influenced by what you want to happen.
Doesn't all TA fit under this description? Well it's a qualitative property if it isn't influenced by emotion. There are other qualitative properties but this one is fairly important. And completely discarding emotion isn't something human beings can do, that's why I think automated rule based systems are best. My choosing to only share bullish charts, does not mean that my charts are not drawn based on a rule based system. I drew this possible pattern because of this: http://www.babypips.com/school/the-abcd-and-the-three-drive.html And because the indicators fit the bill right now. |
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N12
Donator
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Activity: 1610
Merit: 1010
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July 12, 2013, 08:14:07 PM |
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No more triple digits for 2013. Enjoy your double digit coins.  Remember, $99 coins are expensive and $101 coins are cheap. |
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molecular
Donator
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Activity: 2772
Merit: 1019
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July 12, 2013, 08:18:41 PM |
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BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before. Interesting. Did people just discover they can short on bitfinex?  |
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Chalkbot
Legendary
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Activity: 896
Merit: 1001
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July 12, 2013, 08:20:23 PM |
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No more triple digits for 2013. Enjoy your double digit coins. Remember, $99 coins are expensive and $101 coins are cheap. Hehe, keep it up Blitz! There is a Proudhon shaped hole in all of our hearts. You are making me feel whole again for the first time in a long time. |
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Frozenlock
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July 12, 2013, 08:20:33 PM |
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BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before. Interesting. Did people just discover they can short on bitfinex? Perhaps. I know I was mad as hell when I tried to short +$100 and there wasn't any coins left to short.  |
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notme
Legendary
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Activity: 1904
Merit: 1002
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July 12, 2013, 08:21:19 PM |
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BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before. Interesting. Did people just discover they can short on bitfinex? I don't know, but based on total USD borrowed/total BTC borrowed, leveraged traders need the market to fall to $81 to even out their positions. Continued upwards movement will cause a short squeeze. |
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molecular
Donator
Legendary
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Activity: 2772
Merit: 1019
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July 12, 2013, 08:22:49 PM |
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BTC lending rate on bitfinex is 80% (annual basis). Never seen it above 5% before. Interesting. Did people just discover they can short on bitfinex? Perhaps. I know I was mad as hell when I tried to short +$100 and there wasn't any coins left to short. that's why you should always have some bitcoins, so you can go short when time comes  |
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phoenix1
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July 12, 2013, 08:23:19 PM |
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No more triple digits for 2013. Enjoy your double digit coins. Remember, $99 coins are expensive and $101 coins are cheap. Hehe, keep it up Blitz! There is a Prouhon shaped hole in all of our hearts. You are making me feel whole again for the first time in a long time. Just for you ... to fill a bit of that hole ... it just never gets old !! http://www.youtube.com/watch?v=A7TuFy0fcuw |
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Spaceman_Spiff
Legendary
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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July 12, 2013, 08:23:53 PM |
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Hehe, keep it up Blitz! There is a Prouhon shaped hole in all of our hearts. You are making me feel whole again for the first time in a long time.
Just for you ... to fill a bit of that hole ... it just never gets old !! http://www.youtube.com/watch?v=A7TuFy0fcuwI love that song. |
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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July 12, 2013, 08:24:54 PM |
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Argh darn... I bought some coins thinking people would start panic buying, looks like it wasn't such a good decision. But after this week I'm not sure we will see 60~70 ever again. I might be wrong but it looks like people is steady regaining confidence. Following the sentiment here will separate you from your money in quick succession! Reminds me of the funny episode where cartman visits the bank: https://www.youtube.com/watch?v=-DT7bX-B1Mg |
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N12
Donator
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Activity: 1610
Merit: 1010
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July 12, 2013, 08:25:02 PM |
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I apologize to all the people who have been tricked into panic buying and are now making up stories how Bitcoin is worth well north of triple digits and going into denial mode again.  |
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Its About Sharing
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Activity: 1442
Merit: 1000
Antifragile
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July 12, 2013, 08:25:49 PM |
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And someone just made 200k...
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Spaceman_Spiff
Legendary
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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July 12, 2013, 08:26:01 PM |
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Next stop: $85.
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Chalkbot
Legendary
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Activity: 896
Merit: 1001
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July 12, 2013, 08:27:31 PM |
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No more triple digits for 2013. Enjoy your double digit coins. Remember, $99 coins are expensive and $101 coins are cheap. Hehe, keep it up Blitz! There is a Prouhon shaped hole in all of our hearts. You are making me feel whole again for the first time in a long time. Just for you ... to fill a bit of that hole ... it just never gets old !! http://www.youtube.com/watch?v=A7TuFy0fcuwHehe, thanks. Been a while since I sang this in the shower. |
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