jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
August 05, 2017, 07:26:33 PM |
|
While that's all lulzy and shit, it may be pointed out that -- at this moment -- core is vulnerable to the exact same attack. Well indeed, but since Gox I don't think anyone making automated transactions (i.e. an exchange) has used code so badly written as to be vulnerable to this old hack. Not until these ViaBTC jokers, their second division coders, and their laughable, clumsy, politically motivated attempt to hijack bitcoin. I don't think you understand how malleability works. Nor how widespread and cooperative the Bitcoin Cash movement is.
|
|
|
|
|
Colonel Panic
Member
Offline
Activity: 110
Merit: 26
I do not have a Telegram or Skype account.
|
|
August 05, 2017, 07:29:28 PM |
|
While that's all lulzy and shit, it may be pointed out that -- at this moment -- core is vulnerable to the exact same attack. Well indeed, but since Gox I don't think anyone making automated transactions (i.e. an exchange) has used code so badly written as to be vulnerable to this old hack. Not until these ViaBTC jokers, their second division coders, and their laughable, clumsy, politically motivated attempt to hijack bitcoin. I don't think you understand how malleability works. Nor how widespread and cooperative the Bitcoin Cash movement is. Think what you like!
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
|
August 05, 2017, 07:37:37 PM |
|
$3690 is a 1.618 Fibonacci extension a logical price for a pause or profit taking.
I'm ignorant. From $2280? Why? Hope this helps. Fibonacci extensions drawn from most recent swing high to swing low.
|
|
|
|
hv_
Legendary
Offline
Activity: 2534
Merit: 1055
Clean Code and Scale
|
|
August 05, 2017, 07:38:08 PM |
|
Lol. Nice sybil attack to name attackers...
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
August 05, 2017, 07:57:09 PM |
|
Lol. Nice sybil attack to name attackers... Yes it's fun. I call dibs on 'cash btc'. But I'm not sure that one is the one deepcolderwallet meant. Anyway, they're all going down.
|
|
|
|
gembitz
|
|
August 05, 2017, 07:58:32 PM |
|
bitcoin may reach $5000 by monday.... sell farm ~ buy BTCBTC $$$
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
August 05, 2017, 08:02:32 PM |
|
Thanks. So the calculation is based upon 0.5 being the halfway point between the local high and the local low?
|
|
|
|
pfrtlpfmpf
|
|
August 05, 2017, 08:03:17 PM |
|
The lending percentage on polo has gone down dramatically. but I can´t switch from clicking to "not clicking". Makes no sense to me
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
August 05, 2017, 08:16:51 PM |
|
Parity with BCH. We need a new poll please. And btw. A little bit more fomo and 4000 is definitely in.
|
|
|
|
Globb0
Legendary
Offline
Activity: 2702
Merit: 2053
Free spirit
|
|
August 05, 2017, 08:21:57 PM |
|
Genius, split off a coin then dump it to pump the main coin.
Can it repeat a few times?
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
|
August 05, 2017, 08:25:11 PM |
|
Thanks. So the calculation is based upon 0.5 being the halfway point between the local high and the local low? Subtract the price at swing low $1830 from previous swing high $2980 to get $1150. Multiply $1150 by 1.618 to get $1860.7. Add that $1860.7 to the $1830 low to get the 1.618 first Fibonacci extension of $3690.7 then repeat for the higher extensions.
|
|
|
|
pfrtlpfmpf
|
|
August 05, 2017, 08:33:54 PM |
|
My girlfriend is so happy, that i have a proper hobby, i mean, i could be buying lambos, and paying for the upkeep. She doesn´t know, what she has here, half the time !
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
August 05, 2017, 08:39:30 PM |
|
Subtract the price at swing low $1830 from previous swing high $2980 to get $1150. Multiply $1150 by 1.618 to get $1860.7. Add that $1860.7 to the $1830 low to get the 1.618 first Fibonacci extension of $3690.7 then repeat for the higher extensions.
Got it. So why do people think it works? What is the theory? Empirical based on backtesting across numerous markets?
|
|
|
|
becoin
Legendary
Offline
Activity: 3431
Merit: 1233
|
|
August 05, 2017, 08:40:15 PM |
|
Thanks. So the calculation is based upon 0.5 being the halfway point between the local high and the local low? Subtract the price at swing low $1830 from previous swing high $2980 to get $1150. Multiply $1150 by 1.618 to get $1860.7. Add that $1860.7 to the $1830 low to get the 1.618 first Fibonacci extension of $3690.7 then repeat for the higher extensions. This is Bitcoin! All this TA is useless. So many people were tempted to short the "top" and got REKT. Why didn't you learn anything from past 8 years?
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
|
August 05, 2017, 08:43:18 PM |
|
So true. At this time Bitcoin market is way more influenced by fundamentals, like the obvious and predictable impact of segwit approval, overcoming the Bitcoin Cash "attack", etc etc.... But, fibonacci levels have some importance too because they define some psicological levels that have some resistance on human behaviour.
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
August 05, 2017, 08:45:50 PM |
|
much technical very analysis wow
|
|
|
|
rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
|
|
August 05, 2017, 08:52:25 PM |
|
Thanks. So the calculation is based upon 0.5 being the halfway point between the local high and the local low? Subtract the price at swing low $1830 from previous swing high $2980 to get $1150. Multiply $1150 by 1.618 to get $1860.7. Add that $1860.7 to the $1830 low to get the 1.618 first Fibonacci extension of $3690.7 then repeat for the higher extensions. I should have paid more attention at school. Wow
|
|
|
|
Asrael999
|
|
August 05, 2017, 08:54:45 PM |
|
much technical very analysis wow Buy doge?
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
|
August 05, 2017, 09:05:38 PM |
|
Subtract the price at swing low $1830 from previous swing high $2980 to get $1150. Multiply $1150 by 1.618 to get $1860.7. Add that $1860.7 to the $1830 low to get the 1.618 first Fibonacci extension of $3690.7 then repeat for the higher extensions.
Got it. So why do people think it works? What is the theory? Empirical based on backtesting across numerous markets? Fibonacci retracements and extensions are based on the Fibonacci sequence of numbers. The Golden Ratio 1.618 is found everywhere in nature and also bitcoin charts. Traders have been using Fibonacci for decades because it has been shown to work with markets. Back in January 2015 since I knew the bitcoin low was $152 at that time and the previous ATH was $1163 I could predict a possible future bitcoin price of $2798 from the 2.618 Fibonacci extension. Do you see how Fibonacci can be useful now? In this case it could have helped a smart trader avoid taking profits too early.
|
|
|
|
|