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Author Topic: The Bitcoin Sentiment Indicator  (Read 4805 times)
bittenbob
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December 02, 2011, 03:28:33 AM
 #21

Another bullish sign: difficulty is forecast to go up, and likely mining rigs that were turned off are going back online.  This could just be the change in season in the US with the first cold weather snap of the year, so bitcoin mining is just serving double duty by helping to warm houses, too.


Its just about winter here in Canada too. I know I am enjoying the extra heat from my computer. I even have the CPU mining since its always so cold in here, I dont pay for my electricity and my landlord decided to jack my rent unfairly. Considering this winter is supposed to be colder than normal I cant say I have any plans to stop mining regardless of the price lol. And I dont even have to go out and buy an electric heater!
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cypherdoc (OP)
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December 11, 2011, 12:44:47 PM
 #22

All Time High
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December 11, 2011, 01:02:54 PM
 #23

All Time High

Wait?  What?

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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December 11, 2011, 01:15:36 PM
 #24


'All Time High' sounds like a shot way too far... there are surely enough people burned by past highs to do some pretty heavy selling into any irrational exhuberance..   but I wouldn't be surprised to see it sneak past $4 this week before settling a bit.

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December 11, 2011, 03:54:32 PM
 #25

please check out my blog.  i've got a reward posted up.
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December 11, 2011, 04:06:52 PM
 #26

please check out my blog.  i've got a reward posted up.

post 100000?? you mean view 100000.
cypherdoc (OP)
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December 11, 2011, 04:09:19 PM
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please check out my blog.  i've got a reward posted up.

post 100000?? you mean view 100000.

duh, you're correct.
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December 11, 2011, 04:50:48 PM
 #28

another new high
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December 11, 2011, 05:04:49 PM
 #29

another new high
In the view count? Really? Tongue

cypherdoc (OP)
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December 11, 2011, 05:05:42 PM
 #30

another new high
In the view count? Really? Tongue

no, sentiment indicator
cypherdoc (OP)
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December 11, 2011, 06:44:59 PM
 #31

new high at 81.3
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December 11, 2011, 06:48:46 PM
 #32

ok.. this sentiment indicator means zip to me currently. How does it work? where is it explained?

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December 11, 2011, 07:06:09 PM
 #33

ok.. this sentiment indicator means zip to me currently. How does it work? where is it explained?


i think i've designed it similar to the CBOE Put:Call ratio of index options which is a very simple, but very popular sentiment indicator for the stock market.

its simply the number of bulls to bears.  i should calculate the ratio to be more exact but the poll powered by Vizu doesn't have that capability.  their algorithm also controls how often you can vote which by my observations seems to be around twice a day or so.
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December 11, 2011, 07:39:39 PM
 #34

new high 81.4
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December 11, 2011, 07:56:31 PM
 #35

another new high?  81.5.
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December 12, 2011, 02:21:29 AM
 #36

ok.. this sentiment indicator means zip to me currently. How does it work? where is it explained?


i think i've designed it similar to the CBOE Put:Call ratio of index options which is a very simple, but very popular sentiment indicator for the stock market.

its simply the number of bulls to bears.  i should calculate the ratio to be more exact but the poll powered by Vizu doesn't have that capability.  their algorithm also controls how often you can vote which by my observations seems to be around twice a day or so.

Oh.. So it is some sort of survey.
I saw some graphic box on the right of your site indicating the percentages - but I didn't see how to contribute to the poll.
On further investigation I see you have to click 'comment'.   How utterly un-intuitive.

I guess your poll is highly skewed to those who are really *keen* to dig around to participate. 



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January 04, 2012, 08:48:00 PM
 #37

hits 82 for first time.
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January 04, 2012, 09:18:34 PM
 #38

I guess your poll is highly skewed to those who are really *keen* to dig around to participate.
That wouldn't matter if you compare it to previous results of the poll: It's still higher than ever.

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January 04, 2012, 09:27:42 PM
 #39

82.4
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January 04, 2012, 10:48:09 PM
 #40

82.7
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