ElectricMucus (OP)
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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September 09, 2011, 04:01:24 PM |
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 It is following the trend perfectly, now is the time to get in. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Minsc
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September 09, 2011, 04:03:19 PM |
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It keeps falling.
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1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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September 09, 2011, 04:03:28 PM |
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check sig.
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Surawit
Newbie
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Activity: 28
Merit: 0
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September 09, 2011, 04:04:50 PM |
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If it drops below $4 today then we'll be outside of the green lines. Then will you shut up? |
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zby
Legendary
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Activity: 1592
Merit: 1001
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September 09, 2011, 04:05:11 PM |
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One can only wonder what will happen if that trend is broken.
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 09, 2011, 04:05:32 PM |
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It is following the trend perfectly, now is the time to get in. If it drops below $4 today then we'll be outside of the green lines. Then will you shut up? Yeah will you? Log chart means nothing... |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Minsc
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September 09, 2011, 04:05:53 PM |
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One can only wonder what will happen if that trend is broken.
He'll redraw a trend line. Careful, he puts anyone on ignore who proves him wrong. |
1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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ElectricMucus (OP)
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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September 09, 2011, 04:06:52 PM |
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One can only wonder what will happen if that trend is broken.
I guess we'll find out soon lol |
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ElectricMucus (OP)
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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September 09, 2011, 04:14:01 PM |
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It is following the trend perfectly, now is the time to get in. If it drops below $4 today then we'll be outside of the green lines. Then will you shut up? The trendline has to interpreted as 86%-121% (fibonacci crap) I will def, shut up if we reach $3. |
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Gerken
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September 09, 2011, 04:19:11 PM |
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So basically you drew a line that touches the bottom points and call it significant?
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ElectricMucus (OP)
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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September 09, 2011, 04:21:42 PM |
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So basically you drew a line that touches the bottom points and call it significant?
I did Only time can prove me wrong *lalalala* |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 09, 2011, 04:25:26 PM |
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So basically you drew a line that touches the bottom points and call it significant?
I did Only time can prove me wrong *lalalala* No forex trader or stock trader ever uses a log chart to determine trend. Not sure what historical data your method is based on. |
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LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Dargo
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Activity: 1820
Merit: 1000
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September 09, 2011, 04:25:45 PM |
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I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.
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iprivately
Newbie
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Activity: 28
Merit: 0
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September 09, 2011, 04:27:48 PM |
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Just snatched me up another 100 btc at $4.80
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 09, 2011, 04:30:17 PM |
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I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.
Yeah but how many people trade on log charts using trend lines? Not very many that I've seen in my experience. |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Jixtreme
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September 09, 2011, 04:31:21 PM |
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Just snatched me up another 100 btc at $4.80
too early. |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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September 09, 2011, 04:33:21 PM |
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Just snatched me up another 100 btc at $4.80
too early. agreed. OP: I guess you're going to ignore all of the linear trendlines that we just broke too huh? |
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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lemonginger
Full Member
Offline
Activity: 210
Merit: 100
firstbits: 121vnq
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September 09, 2011, 04:34:14 PM |
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Just snatched me up another 100 btc at $4.80
predict you will sell those back at about 4.50 in an hour or so |
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iprivately
Newbie
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Activity: 28
Merit: 0
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September 09, 2011, 04:34:43 PM |
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Just snatched me up another 100 btc at $4.80
too early. you may be right |
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Minsc
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September 09, 2011, 04:35:08 PM |
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The OP just made this statement and prices rose and that's the only reason they did. But they came back down again.
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1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
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