Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Loozik]

And what about that? this is not an evidence for you???

Your picture suggest the bear market will continue. Lower lows should follow soon.

[sarc]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

[IG0BR0KE]

And what about that? this is not an evidence for you???

Strictly speaking, yes it's evidence, but it's also only 2 points on a chart....

im not gonna make a 4 pages post to show you there're tons of indicators telling us we're going down, first bcs im too lazy & second bcs it's not in my interest to show it to others people.

 

[sarc]

And what about that? this is not an evidence for you???

Strictly speaking, yes it's evidence, but it's also only 2 points on a chart....

im not gonna make a 4 pages post to show you there're tons of indicators telling us we're going down, first bcs im too lazy & second bcs it's not in my interest to show it to others people.

 

slip of the tongue (...keyboard)?

[KS]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

I think the market is too small for that, too easily influenced/manipulated. TA works better on the FOREX than at this size. Besides, all indicators are _lagging_.

edit: I don't mean TA is not useful but you have to be real quick to react when a whale or other manipulator decides to play and messes up your nice TA.

edit2: still no parabolic SAR from bitcoincharts. any other service showing it?

[sarc]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

I think the market is too small for that, too easily influenced/manipulated. TA works better on the FOREX than at this size. Besides, all indicators are _lagging_.

I was making the point that 'evidence' is the right word there.

I take your point about manipulation, it's shockingly effective, but I think people begin to see through it eventually (hence the consistent declines in volume as people get fed up). Surely whales can only feed for so long before the plankton realise that they're losing more and more money and leave.  

[IG0BR0KE]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

edit: I don't mean TA is not useful but you have to be real quick to react when a whale or other manipulator decides to play and messes up your nice TA.

whales are buying at specific time, that's why we use TA... (im not including manipulators)

[IG0BR0KE]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

edit2: still no parabolic SAR from bitcoincharts. any other service showing it?

tradingview.com

[Richy_T]

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!"  

That's unfair, George Bush has provided us with some of the best quotes in history...

Quotes tend to work best when you use the same words that the original person actually said.


WRT the actual quote you mangled, I actually think it was a pretty good catch by Bush. Can you imagine what the media would have done with a clip of him actually saying "shame on me"?

[KS]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

edit2: still no parabolic SAR from bitcoincharts. any other service showing it?

tradingview.com

excellent, thx

[sarc]

In the words of the inimitable George Bush Jnr "fool me once, shame on me, fool me twice....doh!"  

That's unfair, George Bush has provided us with some of the best quotes in history...

Quotes tend to work best when you use the same words that the original person actually said.


WRT the actual quote you mangled, I actually think it was a pretty good catch by Bush. Can you imagine what the media would have done with a clip of him actually saying "shame on me"?

lol, doh!

[ChartBuddy]

[KS]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

I think the market is too small for that, too easily influenced/manipulated. TA works better on the FOREX than at this size. Besides, all indicators are _lagging_.

I was making the point that 'evidence' is the right word there.

I take your point about manipulation, it's shockingly effective, but I think people begin to see through it eventually (hence the consistent declines in volume as people get fed up). Surely whales can only feed for so long before the plankton realise that they're losing more and more money and leave.  

I think there is some cultural bias in the meaning of "evidence". Anyway, I understand what you mean.

The problem with the whales is they are really too big & I don't see any whaler...

[KS]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

edit: I don't mean TA is not useful but you have to be real quick to react when a whale or other manipulator decides to play and messes up your nice TA.

whales are buying at specific time, that's why we use TA... (im not including manipulators)

That feels like an abuse of the acronym. Do you use TA to predict when they will buy, or to predict what/how much they will buy etc?

[IG0BR0KE]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

edit: I don't mean TA is not useful but you have to be real quick to react when a whale or other manipulator decides to play and messes up your nice TA.

whales are buying at specific time, that's why we use TA... (im not including manipulators)

That feels like an abuse of the acronym. Do you use TA to predict when they will buy, or to predict what/how much they will buy etc?

i think it's impossible to predict how much they will buy , dont rly like "predict" i prefer to anticipate when they could buy. they're not silly most of them are buying on massive resistance like the most of us.

TA isn't everything we have to keep an eye on news ect.. but i cant understand how people can trade without TA

[KS]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

edit: I don't mean TA is not useful but you have to be real quick to react when a whale or other manipulator decides to play and messes up your nice TA.

whales are buying at specific time, that's why we use TA... (im not including manipulators)

That feels like an abuse of the acronym. Do you use TA to predict when they will buy, or to predict what/how much they will buy etc?

i think it's impossible to predict how much they will buy , dont rly like "predict" i prefer to anticipate when they could buy. they're not silly most of the time they're buying on massive resistance like the most of us.

TA isn't everything we have to keep an eye on news ect.. but i cant understand how people can trade without TA

I would venture those usually end up in the loosing side of the zero sum game, go away, and then are replaced by others.

I've studied TA some 20 years ago, going through some refreshers, but RIGHT NOW, I wouldn't trade BTC. I would buy more if I had the fiat in an exchange, as an investment, but I need to study the patterns better before trading. It's going too fast

[ChartBuddy]

[IG0BR0KE]

what do you mean by "trade", if you're talking about daytrading then i'm 100% agree that it's way too risky and hardly predictable on bitcoin but im actually doing 3-4 trades/month based on daily chart and it works correctly.

[sarc]

Instead of evidence you people really should talk about probabilities or indications instead. Evidence is a way too strong word to use when trying to predict the behaviour of a market.

Evidence can give an indication of what will happen, sometimes with a probability attached.

I think the market is too small for that, too easily influenced/manipulated. TA works better on the FOREX than at this size. Besides, all indicators are _lagging_.

I was making the point that 'evidence' is the right word there.

I take your point about manipulation, it's shockingly effective, but I think people begin to see through it eventually (hence the consistent declines in volume as people get fed up). Surely whales can only feed for so long before the plankton realise that they're losing more and more money and leave.  

I think there is some cultural bias in the meaning of "evidence". Anyway, I understand what you mean.

The problem with the whales is they are really too big & I don't see any whaler...

Don't need a whaler if there's no food supply. I hope. 

[KS]

what do you mean by "trade", if you're talking about daytrading then i'm 100% agree that it's way too risky and hardly predictable on bitcoin but im actually doing 3-4 trades/month based on daily chart and it works correctly.

Yes, I meant day trading.

Have you tried the bots?