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JorgeStolfi
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March 19, 2015, 07:28:40 PM |
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Jesus you've been away a while.
Yes, for some 100 pages of this thread...  |
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sleger
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March 19, 2015, 07:34:08 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. |
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michaelGedi
Sr. Member
 Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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March 19, 2015, 07:39:50 PM |
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Jesus you've been away a while.
Yes, for some 100 pages of this thread... it must be mind numbing most of the time reading through this thread as an academic... Even I've been considering terminating myself from entering this area after my recent abstention from my "only lurking allowed" rule. I'm sure there are some other more intellectually satisfying areas of the forum, and this microcosm of the community is probably not all that representative of the wider participants. I don't know exactly where you hang out though apart from here so maybe you've got it covered  |
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LFC_Bitcoin
Legendary
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Activity: 3724
Merit: 10486
#1 VIP Crypto Casino
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March 19, 2015, 07:40:19 PM |
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Getting dumped again.
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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March 19, 2015, 07:44:55 PM |
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Things are looking dim.
I'm considering selling off all my bitcoins if we go below $250...
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michaelGedi
Sr. Member
Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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March 19, 2015, 07:47:47 PM |
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Things are looking dim.
I'm considering selling off all my bitcoins if we go below $250...
yep, breaking out down |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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March 19, 2015, 07:50:13 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. It predicts NOW, not the future. |
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ensjovis
Member
Offline
Activity: 84
Merit: 10
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March 19, 2015, 07:50:27 PM |
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Things are looking dim.
I'm considering selling off all my bitcoins if we go below $250...
Fall into the bear trap. Yes. |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 19, 2015, 07:52:48 PM |
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thank you bulls for 265.
I added a small short position.
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dreamspark
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March 19, 2015, 07:53:09 PM |
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This is not good, if we break below the 1day cloud shits gonna get real.
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BitChick
Legendary
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Activity: 1148
Merit: 1001
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March 19, 2015, 07:55:36 PM |
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I'm pretty sure yesterday was the last time we'll see sub $250 coins.  Some of us have learned our lesson about not posting "the last time we'll see" anything when it comes to BTC! |
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sleger
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March 19, 2015, 07:56:24 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. It predicts NOW, not the future. Now it is your turn to contradict yourself : predicts & NOW |
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ChartBuddy
Legendary
Offline
Activity: 2366
Merit: 1822
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 19, 2015, 07:58:57 PM |
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coinableS
Legendary
Offline
Activity: 1442
Merit: 1186
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March 19, 2015, 08:01:51 PM |
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I'm pretty sure yesterday was the last time we'll see sub $250 coins. Some of us have learned our lesson about not posting "the last time we'll see" anything when it comes to BTC! Still hasn't dropped below $250  |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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March 19, 2015, 08:02:33 PM
Last edit: March 19, 2015, 08:28:10 PM by podyx |
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Afrikoin
Legendary
Offline
Activity: 1540
Merit: 1003
alan watts is all you need
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March 19, 2015, 08:02:43 PM |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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March 19, 2015, 08:03:15 PM |
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1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself : you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction. It predicts NOW, not the future. Now it is your turn to contradict yourself : predicts & NOW I didn't think I'd really have to expand on that. If the bidsum is still hitting new lows, then the price will, too. If we suddenly saw a spike in bidsum, then you'd expect a price rise. Not really contradictory, it just can't predict a month from now, because bidsum can fly up and down. No... |
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tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
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March 19, 2015, 08:06:11 PM |
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bitfinex order book is looking really bad.
3 k till 230.
if we go under 210 sell everything.
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Ask Ken About Love
Newbie
Offline
Activity: 56
Merit: 0
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March 19, 2015, 08:08:17 PM |
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bitfinex order book is looking really bad.
3 k till 230.
Healthy correction |
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Kipsy89
Sr. Member
Offline
Activity: 280
Merit: 250
Relax!
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March 19, 2015, 08:14:58 PM |
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bitfinex order book is looking really bad.
3 k till 230.
if we go under 210 sell everything.
Yet it refuses to go any lower! I know you're probably extremely short right now, possible on margin, but I hope you've set your stops accordingly... |
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