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

[Loozik]

Or so you would make us believe *curls his mustache*.

Come on, I am not that evil. I do not want people to believe anything that cannot be either rationally or empirically proved.

My pictures are for entertainment purposes only 

[sarc]

I simply dont understand why people still draw those lines on graphs.. all this time i have learnt just one thing.. those graphs are utterly complicated and completely useless for anyone without knowledge of TA..and all it takes is a single whale to plunge the market and make all the analysis useless.. why do people even do TA for bitcoin??

 

Yeaaah i am not on the forum all the time like you sarc.. i have patients to deal with.. but seriously has any of the TA ever proven correct??

dunno, not here much...

[ShroomsKit]

I simply dont understand why people still draw those lines on graphs.. all this time i have learnt just one thing.. those graphs are utterly complicated and completely useless for anyone without knowledge of TA..and all it takes is a single whale to plunge the market and make all the analysis useless.. why do people even do TA for bitcoin??

 

Yeaaah i am not on the forum all the time like you sarc.. i have patients to deal with.. but seriously has any of the TA ever proven correct??

Maybe 1 or 2. By coincidence.

[ChartBuddy]

[BTCThousandaire]

The hourly 10/21 emas crossing have a high correlation, but the daily's have a negative correlation.

[Spaceman_Spiff]

I simply dont understand why people still draw those lines on graphs.. all this time i have learnt just one thing.. those graphs are utterly complicated and completely useless for anyone without knowledge of TA..and all it takes is a single whale to plunge the market and make all the analysis useless.. why do people even do TA for bitcoin??

 

Yeaaah i am not on the forum all the time like you sarc.. i have patients to deal with.. but seriously has any of the TA ever proven correct??

Maybe 1 or 2. By coincidence.

A broken clock is right once a day... 

PS: Obviously it is only once because it is a digital clock.  We are talking about bitcoin here, remember?

[420]

where is adam, our fearful leader?

woe are us

[crumbs]

I simply dont understand why people still draw those lines on graphs.. all this time i have learnt just one thing.. those graphs are utterly complicated and completely useless for anyone without knowledge of TA..and all it takes is a single whale to plunge the market and make all the analysis useless.. why do people even do TA for bitcoin??

 

Yeaaah i am not on the forum all the time like you sarc.. i have patients to deal with.. but seriously has any of the TA ever proven correct??

Maybe 1 or 2. By coincidence.

A broken clock is right once a day...  

PS: Obviously it is only once because it is a digital clock.  We are talking about bitcoin here, remember?

Not if you use one of these:

[Spaceman_Spiff]

A broken clock is right once a day...  

PS: Obviously it is only once because it is a digital clock.  We are talking about bitcoin here, remember?

Not if you use one of these:

Thanks for the history lesson.  Hadn't fulfilled my 'learn something new everyday' quotum yet  .

[ChartBuddy]

[crumbs]

Thanks for the history lesson.  Hadn't fulfilled my 'learn something new everyday' quotum yet  .

Sorry -- i'm into that stuff myself (the gear, not the history)

[telemaco]

I simply dont understand why people still draw those lines on graphs.. all this time i have learnt just one thing.. those graphs are utterly complicated and completely useless for anyone without knowledge of TA..and all it takes is a single whale to plunge the market and make all the analysis useless.. why do people even do TA for bitcoin??

 

Yeaaah i am not on the forum all the time like you sarc.. i have patients to deal with.. but seriously has any of the TA ever proven correct??

Well one day i drew a line that hit MtGox CEO directly in his eye

[Richy_T]

Now that's just the dumbest idea ... touch screen tablet ... you've gotta be kidding me ... it will never catch on

No dude, you don't understand. We're going to get a guy with a black turtleneck to hold it.

[Richy_T]

Yeaaah i am not on the forum all the time like you sarc.. i have patients to deal with.. but seriously has any of the TA ever proven correct??

It's 100% correct 30% of the time.

[ElectricMucus]

You know what would be ironic?

If rpietila was behind the rally all along basically on his own and he's making all this stuff up so he can unload them. If he is who he claims he is, that would make sense from the perspective of a hard-core silver bug. Seeing Bitcoin as an competitor who could be profitably stopped with a quick pump&dump.

[ChartBuddy]

[Richy_T]

I think we have to be careful with the psychiatry thing. There clearly are people who are so far gone they need help.Especially if they are likely to harm others and possibly if they are likely to harm themselves. On the other hand, there does seem to have been a tendency to broaden the net and take in people who simply don't fit the cookie cutter (though there has always been some of that I guess).

[Jozzaboy]

You know what would be ironic?

If rpietila was behind the rally all along basically on his own and he's making all this stuff up so he can unload them. If he is who he claims he is, that would make sense from the perspective of a hard-core silver bug. Seeing Bitcoin as an competitor who could be profitably stopped with a quick pump&dump.

Well he still has a good quarter million dollars worth left? Wouldn't it make sense to unload when we have all these bids? I'm betting on long term bull, at least a year.

[ElectricMucus]

You know what would be ironic?

If rpietila was behind the rally all along basically on his own and he's making all this stuff up so he can unload them. If he is who he claims he is, that would make sense from the perspective of a hard-core silver bug. Seeing Bitcoin as an competitor who could be profitably stopped with a quick pump&dump.

Well he still has a good quarter million dollars worth left? Wouldn't it make sense to unload when we have all these bids? I'm betting on long term bull, at least a year.

If I am right on this he would have quite a bunch more than that. But we probably only know till after the fact, if ever.

[ChartBuddy]