Bitcoin Forum
June 18, 2018, 10:33:08 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What do you think of the new Bitcoin Misery Index?  (Read 30 times)
Jet Cash
Hero Member
*****
Offline Offline

Activity: 910
Merit: 923


Lets Talk Merit


View Profile WWW
March 19, 2018, 10:45:24 AM
Merited by paxmao (1)
 #1

Quote
Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee has developed a ‘contrarian index’ that lets investors know how ‘miserable’ Bitcoin (BTC) holders are based on current prices,
https://cointelegraph.com/news/wall-street-analyst-creates-bitcoin-misery-index-for-traders

With the price of Bitcoin so volatile, and influenced by a large number of external factors, it is interesting that somebody would create a chart to measure the disenchantment many have for Bitcoin. Conventional chart analysis may work for short term speculation, but I find it difficult to use charts for any long term plans. Will a misery index provide a valid alternative view?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!