JayJuanGee
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Merit: 10210
Self-Custody is a right. Say no to"Non-custodial"
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December 19, 2015, 10:04:01 PM |
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I hope bıtcoın prices, which has been linear this weekend, will be up and down prices next week. Because this stable condition isnt beneficial for everyone.
Agreed! Btc is, for lots of us, a speculation market, and it's really painful to see something like that not moving. And of course for all the people actually using and believing in btc potential it's a pain in the ass to see the price unable to go beyond the 450$. So let's hope it'll move! Though a stable price over time could be benefitial to btc community in the end, cause it would be more reliable! GET a GRIP!!!! These are not exactly perilous times for BTC and its prices. Priced have been in the supra $400 territories for nearly 2 weeks, and that is not a bad thing for those who are contemplating continued good future price performance for BTC. Yes, it is possible that BTC prices may go below $400 again within the coming weeks or later down the road, but certainly those of us optimistic about the future of BTC are not in a bad place at the moment, if you consider the past two years and even if you consider the past 5 years in light of a lot of the recent developments around BTC and the current public sentiments.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Hyperjacked
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Activity: 1610
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It's all mathematics...!
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December 19, 2015, 10:06:54 PM |
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Next 24hrs are critical.
It seems that someone says the same thing every now and then. The price looks good at the moment. Hasn't broken anywhere yet. But yeah, something's gotta give within the next 24 hours.
Wait, are you saying the next 24h are critical? Hasn't broken anywhere yet. But yeah, something's gotta give within the next 24 hours.
Wait, are you saying the next 24h are critical? More like Eddie murphy in 48 hours...or ... Why not now? Nice Flashback...! I didn't see it! I'll chime in at some point... Gotta like Eddie Murphy! Is it 48 hours or trading places?
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Wekkel
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Activity: 3108
Merit: 1531
yes
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December 19, 2015, 10:13:47 PM |
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Hyperjacked
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Activity: 1610
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It's all mathematics...!
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December 19, 2015, 10:18:40 PM |
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angaper
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December 19, 2015, 10:34:54 PM |
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Really the technical analysis works to foresee the future bitcoin price? I don't think so, and there is an increasing number of specialist that consider the technical analysis as a set of superstitions and subjective beliefs rather than an objective method to understand the market behavior.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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December 19, 2015, 10:40:31 PM Last edit: December 19, 2015, 10:55:42 PM by LFC_Bitcoin |
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Really the technical analysis works to foresee the future bitcoin price? I don't think so, and there is an increasing number of specialist that consider the technical analysis as a set of superstitions and subjective beliefs rather than an objective method to understand the market behavior.
No. MOST people try & fail to predict the price that way. Anybody can draw lines on a graph & say that's what is going to happen to the price. TA can't predict pumps caused by major mainstream news or whales messing about with the market.
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dloghwak
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December 19, 2015, 10:43:56 PM |
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Really the technical analysis works to foresee the future bitcoin price? I don't think so, and there is an increasing number of specialist that consider the technical analysis as a set of superstitions and subjective beliefs rather than an objective method to understand the market behavior.
No. MOST people try & fail to predict the price that way. Anybody can draw lines on a graph & say that's what is going to happen to the price. TA can't predict pumps caused by major mainstream news or whales mesding about with the market. If everyone sees the same pattern it kind of becomes a self fulfilling prophecy.
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oda.krell
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December 19, 2015, 10:45:30 PM |
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^ Not saying I agree with the above chart (in fact, I don't ), but on the broader question "Is TA just superstition", I'll just refer to:
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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December 19, 2015, 10:49:08 PM |
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Really the technical analysis works to foresee the future bitcoin price? I don't think so, and there is an increasing number of specialist that consider the technical analysis as a set of superstitions and subjective beliefs rather than an objective method to understand the market behavior.
Technical Analysis (TA) means nothing unless you know what TA the whales use!!! It's NOT one chart but a mosaic that we can choose a few pieces for!!!
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Wekkel
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Activity: 3108
Merit: 1531
yes
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December 19, 2015, 10:52:57 PM |
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TA can't predict pumps caused by major mainstream news or whales mesding about with the market.
Exactly. No one knows the future. It's all about probabilities and TA can be useful in that respect. Awaiting that major bull whale buy....
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flagpara
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December 19, 2015, 10:58:09 PM |
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I hope bıtcoın prices, which has been linear this weekend, will be up and down prices next week. Because this stable condition isnt beneficial for everyone.
Agreed! Btc is, for lots of us, a speculation market, and it's really painful to see something like that not moving. And of course for all the people actually using and believing in btc potential it's a pain in the ass to see the price unable to go beyond the 450$. So let's hope it'll move! Though a stable price over time could be benefitial to btc community in the end, cause it would be more reliable! GET a GRIP!!!! These are not exactly perilous times for BTC and its prices. Priced have been in the supra $400 territories for nearly 2 weeks, and that is not a bad thing for those who are contemplating continued good future price performance for BTC. Yes, it is possible that BTC prices may go below $400 again within the coming weeks or later down the road, but certainly those of us optimistic about the future of BTC are not in a bad place at the moment, if you consider the past two years and even if you consider the past 5 years in light of a lot of the recent developments around BTC and the current public sentiments. Dude... calm down maybe? You express your interest towards btc stability and high prices. I express mine towards volatility. There can be no perilous times for btc unless a major flaw is discovered so I don't really understand what you're trying to tell me...
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Hyperjacked
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Activity: 1610
Merit: 1119
It's all mathematics...!
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December 19, 2015, 10:58:27 PM |
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^ Not saying I agree with the above chart (in fact, I don't ), but on the broader question "Is TA just superstition", I'll just refer to: Its all mathematics...and it does not matter what anyone believes ! Math is math...charts are charts..it is what it is! no one argues if 2+2=4 it's what you do with the 4$
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 19, 2015, 11:00:35 PM |
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klee
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Activity: 1498
Merit: 1000
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December 19, 2015, 11:01:52 PM |
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Not sure about other TA tools but Point & Figure does NOT predict the future.
It actually confirms what a whale or new will do to the price.
So it gives you a degree of certainty when the price breaks out that the trend is indeed strong.
It helps you go with the trend and not fight it.
What may seem as a prediction to someone is that it tells you where strong support/resistance is and what is the current trend (and when this change).
I like to say it is like a map - it does not tell you where or how to go somewhere but you need it in order to travel.
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TERA
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December 19, 2015, 11:04:15 PM |
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A macd crossing down at the high is a really weak indicator.
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Hyperjacked
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Activity: 1610
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It's all mathematics...!
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December 19, 2015, 11:06:05 PM |
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Not sure about other TA tools but Point & Figure does NOT predict the future.
It actually confirms what a whale or new will do to the price.
So it gives you a degree of certainty when the price breaks out that the trend is indeed strong.
It helps you go with the trend and not fight it.
What may seem as a prediction to someone is that it tells you where strong support/resistance is and what is the current trend (and when this change).
I like to say it is like a map - it does not tell you where or how to go somewhere but you need it in order to travel.
Yes sir...and when you watch BTC charts for years you can get a pulse on how the composite operator trades! It's the same old same old...money in the bank
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Wekkel
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yes
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December 19, 2015, 11:23:08 PM |
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Charts can say anything. It's just a tool to guess probabilities. Still awaiting whale buy...
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Fatman3001
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Make Bitcoin glow with ENIAC
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December 19, 2015, 11:34:06 PM |
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I know some speculators reverted to fiat at the end of the year because of accounting/taxation uncertainties in previous years. If these uncertainties have been cleared up it might be less selling pressure towards the end of the month than I originally feared. Or I could be talking out of my ass. Who knows?
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TERA
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December 19, 2015, 11:39:56 PM |
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I know some speculators reverted to fiat at the end of the year because of accounting/taxation uncertainties in previous years. If these uncertainties have been cleared up it might be less selling pressure towards the end of the month than I originally feared. Or I could be talking out of my ass. Who knows?
I'm actually specifically waiting till 2016 before I do any fiat/btc exchanges, for tax purposes. I'd prefer not to do any trading at all, but if there's a move I might trade on margin.
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