aminorex
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Merit: 1029
Sine secretum non libertas
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October 21, 2014, 05:58:18 PM |
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It's kind of scary that there are people out there now who have been invested in bitcoin for almost a year, and are still underwater. Doesn't that tell you that we've been way overvalued in 2014?
Bizarro logic. If you are under-water, the price likely is low relative to the mean, which means probably under-valued. If you are black, the price is more likely high relative to the mean, which means probably over-valued. Here's the problem with any claim that BTC is under- or over-valued: The degree of uncertainty in future price predictions is too high to make either judgement. A second-order model treats epistemic uncertainty as an overlay to stochastic uncertainty, but there is no generally recognized quantitive analytic methodology for valuation under conditions of epistemic uncertainty. It would be a wonderful topic for a Ph.D. thesis in behavioural economics. I suspect there are already several of that sort, but I am not current on that literature. References are solicited.
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Tzupy
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Activity: 2128
Merit: 1074
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October 21, 2014, 05:59:49 PM |
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ChartBuddy
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Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 21, 2014, 06:00:46 PM |
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hyphymikey
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October 21, 2014, 06:08:40 PM |
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Does anyone know the Chinese common name for Willy?
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Wandererfromthenorth
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October 21, 2014, 06:10:55 PM |
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Looks like all the past countless 24 hours weren't crucial for bitcoin :/
They were not crucial, they were critical. yeah right ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) THE NEXT 24HOURS WILL DETERMINE THE FUTURE OF BITCOINTHE WORLD!!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) There, fixed it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimages.fineartamerica.com%2Fimages-medium-large-5%2Fvisualize-whirled-peas-kent-lorentzen.jpg&t=663&c=oN_yKQfa5CBb-g) lmao ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Wandererfromthenorth
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October 21, 2014, 06:11:09 PM |
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Does anyone know the Chinese common name for Willy?
Wirry?
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inca
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Activity: 1176
Merit: 1000
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October 21, 2014, 06:21:49 PM |
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Shorts climbing again. Silly bears.
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tarmi
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Activity: 1218
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October 21, 2014, 06:22:21 PM |
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nice sucker rally
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inca
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October 21, 2014, 06:24:18 PM |
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Ha. 3D MACD going green. Looks like main engines are primed to me. Short away!
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Dalmar
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October 21, 2014, 06:28:55 PM |
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Ha. 3D MACD going green. Looks like main engines are primed to me. Short away!
The 3D MACD went green on Oct 2011 a couple of weeks before the actual major bottom was hit.
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GreekGeek
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October 21, 2014, 06:29:48 PM |
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Does anyone know the Chinese common name for Willy?
Wirry? nice +1
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jaberwock
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Activity: 2590
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October 21, 2014, 06:32:47 PM |
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Mini rally is over.
Back to yesterday's levels we are.
Nothing changed.
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coinableS
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October 21, 2014, 06:34:13 PM |
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Ha. 3D MACD going green. Looks like main engines are primed to me. Short away!
Nice finally! But it's gonna flip right back to red if we keep this $380-$390 float and don't get some steady gains
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Pala_00
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October 21, 2014, 06:34:33 PM |
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inca
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October 21, 2014, 06:38:22 PM |
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I wonder if adam could do a little poll.
What will we see first: 200 or 600.
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inca
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Activity: 1176
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October 21, 2014, 06:39:53 PM |
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Looks like bid support is piling up massively on huobi, too. Not long now. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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tarmi
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Activity: 1218
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October 21, 2014, 06:40:17 PM |
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600 lol
cant stay above 400 for more than few hours.
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inca
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October 21, 2014, 06:42:09 PM |
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600 lol
cant stay above 400 for more than few hours.
It doesn't seem to be able to stay below 370 for more than a few seconds either.. Edit: once a few more of you doomers are sucked in and go short, I expect a high volume breakout to squeeze things upwards. Sticking a line on bitcoinwisdom shows we only need to reach roughly 480 and the downtrend from the ATH is confirmed. A few more days of oscillation should do it.
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octaft
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October 21, 2014, 06:45:49 PM |
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Looks like bid support is piling up massively on huobi, too. Not long now. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What if those walls are only there to keep the price propped up so he can get his asks filled/sell into people out bidding him? >conspiracykeanu.jpg
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tarmi
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Activity: 1218
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October 21, 2014, 06:46:59 PM |
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step 1 ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.dodaj.rs%2Ff%2F9%2F1c%2FpxdBrrt%2Fstep-1.jpg&t=663&c=dhnhlKP6GniLUw)
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