nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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November 19, 2013, 04:49:09 AM |
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Tasty day, this week's forecast?
Blood pressure pills all round
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jatajuta
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November 19, 2013, 04:51:37 AM |
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Tasty day, this week's forecast?
A lot of rich people with heart attack.
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theonewhowaskazu
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November 19, 2013, 04:55:33 AM |
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High volatility will be expected today.
Yea no shit, sdev be wack yo.
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ChartBuddy
Legendary
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 19, 2013, 05:01:33 AM |
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bnjmnkent
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November 19, 2013, 05:01:41 AM |
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High volatility will be expected today.
Yea no shit, sdev be wack yo. sdev?
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theonewhowaskazu
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November 19, 2013, 05:03:13 AM |
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High volatility will be expected today.
Yea no shit, sdev be wack yo. sdev? Standard Deviation.
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bnjmnkent
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November 19, 2013, 05:16:31 AM |
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High volatility will be expected today.
Yea no shit, sdev be wack yo. sdev? Standard Deviation. Thank you.
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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November 19, 2013, 05:19:40 AM |
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I usually follow this trader signals, name is Enky He usually put conservative forecast but he now turns ubber bull predicting for a possible $3,600 top http://btctrading.wordpress.com/author/enky1974/Bull! Bull! Bull! BUY BUY BUY! Yes i know you are reading this all the time on many bitcoin related forums where there is the perma-bull or his alter ego “the perma-bearish guy” crying all the time that we are in a bubble. Well, personally i consider a stock or whatever you want in a bubble when it is very far away from a long term regression line. What does it mean “very far away”? When the observation is outside a statistically significant “prediction interval”. In statistical inference, specifically predictive inference, a prediction interval is an estimate of an interval in which future observations will fall, with a certain probability, given what has already been observed. Prediction intervals are often used in regression analisys like the one i’m presenting here.
I drew a straight line on the graph represents the linear regression of the average prices recorded since August 2010. I added a prediction interval represented by the two lines above and below the linear regression. Bitcoin is in a price bubble whenever it goes above the upper deviation, on the contrary we can talk about prices significantly lower when we are under the line of the lower deviation, but so far it never happened for bitcoin to be so undervalued.
I’ve noticed that most of the time, important price swing are similar in size if we use a logarithmic scale to measure them, i have shown in the logarithmic graph the major movements of similar size and i used them to project what could be the next important long term top.
It may be noted that the next top might reach the $3600 price level, just above the current forecast that gives us the second deviation line of the linear regression, a perfect top in a buying climax situation which usually creates the market condition for a rapid fall in the price. At the moment to enter “bubble territory” we need to go above the 1100-1200$ price zone, just above the upper deviation line i’ve plotted on the chart. It is interesting also to note that the April 2013 top at 266$ has been under the upper deviation line while the 2011 top at 32$ has been well above and a true bubble which was followed by a bear market that has brought prices down to $ 2 in November 2011.
Because this market has been stronger then expected i revised my monthly range forecast to:
Bitstamp: 450$ – 750$ BTC-e: 430$ – 770$ BTCchina: 3270 CNY – 5600 CNY Strong support is always on the VWAP now at 320$-330$ or 2400 CNY.
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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November 19, 2013, 05:21:13 AM |
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Go back some considerable number of pages you'll find this has already been commented on...folks getting priapic
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jatajuta
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November 19, 2013, 05:25:33 AM |
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Predictions these days...
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bito
Newbie
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Activity: 57
Merit: 0
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November 19, 2013, 05:26:18 AM |
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Does anyone know if it takes just as long to get goxbux out of gox/AUD?
is it only Us dollars which are the problem? or does that extend to Australian goxbucks too?
I have a friend who initiated his withdrawal about 7 weeks ago, AUD in his account to an Australian bank. I told him to just buy back in 2 weeks ago but he really needs the cash. Does anyone have any knowledge of how long swift transfers take from stamp to AU? And in case anyone is thinking, my friend is not me, I am 100% in BTC.
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pera
Sr. Member
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Activity: 532
Merit: 261
バカ
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November 19, 2013, 05:26:54 AM |
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Everything I read is literally bullshit, still nobody can explain why we went from 3000 to 7000 in 26hs
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Boxman90
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November 19, 2013, 05:30:47 AM |
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Everything I read is literally bullshit, still nobody can explain why we went from 3000 to 7000 in 26hs
Bots and manipulation by fraudulent chinese exchange. Hey it's an explanataion you don't have to like it.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 19, 2013, 05:35:02 AM |
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Everything I read is literally bullshit, still nobody can explain why we went from 3000 to 7000 in 26hs
its funny i predicted this exact market behavior would happen, months ago. i should dig up that post.. i call it " the dash for digital cash " you have to understand that USD can still buy things and their are early adopts.... but Bitcoin is the future and Fiat isn't going to last forever.
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pera
Sr. Member
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Activity: 532
Merit: 261
バカ
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November 19, 2013, 05:38:56 AM |
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Everything I read is literally bullshit, still nobody can explain why we went from 3000 to 7000 in 26hs
its funny i predicted this exact market behavior would happen, months ago. i should dig up that post.. i call it " the dash for digital cash " you have to understand that USD can still buy things and their are early adopts.... that's your explanation?
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mvidetto
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November 19, 2013, 05:39:01 AM |
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It seems like the US market is overbought already and following China. Any downturn there and gg... $200 coins...
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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November 19, 2013, 05:40:48 AM |
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Everything I read is literally bullshit, still nobody can explain why we went from 3000 to 7000 in 26hs
its funny i predicted this exact market behavior would happen, months ago. i should dig up that post.. i call it " the dash for digital cash " you have to understand that USD can still buy things and their are early adopts.... that's your explanation? yes. but i edited it to add more hints... " you have to understand that USD can still buy things and their are early adopts.... but Bitcoin is the future and Fiat isn't going to last forever. "
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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November 19, 2013, 05:42:19 AM |
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Everything I read is literally bullshit, still nobody can explain why we went from 3000 to 7000 in 26hs
There lives 1 billion chinese my bear friend. consider 0.0001% knows and buy bitcoin just to get rich quick. There lies the explanation to this mania.
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hyphymikey
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November 19, 2013, 05:47:21 AM |
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Man do I regret selling 250 coins in the last peak . Putting half of what is left in a paper wallet now, and going long on a BFX margin with the rest.
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