chessnut (OP)
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May 01, 2014, 01:22:13 AM Last edit: May 02, 2014, 03:35:35 AM by chessnut |
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As an EW analyst I went to the effort of making this illustration of fractals, if not only because some might find it interesting to see. I do not mean for it to be predictive, because by large it is retrospective.
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zoinky
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May 01, 2014, 01:55:48 AM |
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JustAnotherSheep
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May 01, 2014, 02:10:07 AM |
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Indeed, it is fascinating. And it is all the more fascinating when you consider the fact that price can essentially be seen as a visualized output of thought and sentiment on a mass scale.
Tells you a lot about the workings of our minds, especially when put in groups.
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Is it a bull? Is it a bear? No, it's just another sheep.
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tspacepilot
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I may write code in exchange for bitcoins.
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May 01, 2014, 07:26:40 AM |
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As an EW analyst I went to the effort of making this illustration of fractals, if not only because some might find it interesting to see. I do not mean for it to be predictive, because by large it is retrospective. I noticed a self-similar pattern when looking at the all-time chart on bitcoinaverage.com the other day. Truly fascinating. I think that fractals are a hallmark of naturalistic data---including socilogical/behavorial data in mass-systems.
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Elwar
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Viva Ut Vivas
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May 01, 2014, 08:37:58 AM |
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to da moon!!!
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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spazzdla
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May 01, 2014, 02:30:08 PM |
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I have a lot of Fiat sitting around... dear lord it's tempting to throw a bunch at BTC.. humz..
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Alonzo Ewing
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May 01, 2014, 09:01:29 PM |
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Are you saying that the part inside the box looks like what follows?
Or are you saying that the part inside the box looks like the whole?
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chessnut (OP)
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May 01, 2014, 10:03:22 PM Last edit: May 01, 2014, 10:36:11 PM by chessnut |
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Are you saying that the part inside the box looks like what follows?
Or are you saying that the part inside the box looks like the whole?
the part in the box looks like the whole and vice versa. There are two other fractals within the whole that look like the whole, the I wave and the V wave (although 'I' is messy). Same for every fractal, down to (i) scale. I am using the III wave as an example because III waves are always the best defined of all waves.
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pinksheep
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May 01, 2014, 10:59:29 PM |
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Can someone explain what a fractal is?
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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cbeast
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Let's talk governance, lipstick, and pigs.
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May 01, 2014, 11:04:50 PM |
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Can someone explain what a fractal is?
Its a mathematical term for self similar functions. They hold similar patterns at different resolutions.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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bananaControl
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Decentralize All The Things!
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May 01, 2014, 11:12:15 PM |
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Can someone explain what a fractal is?
You might have heard about the Mandelbrot set, it gives you a clear visual idea about what fractals are.
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pinksheep
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May 01, 2014, 11:14:52 PM |
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I haven't but googling it right now
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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chessnut (OP)
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May 01, 2014, 11:16:07 PM |
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pinksheep
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May 01, 2014, 11:18:21 PM |
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Thanks chessnut, I'll have a look at that now
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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Alonzo Ewing
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May 01, 2014, 11:50:02 PM |
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This is fairly mind-blowing. I started to see this in DanV's video. Actually, I saw the "mother" and child" before I saw his video but his video crystallized the idea. I just went to bitcoinwisdom and pulled up Huobi's charts (since it has the most liquidity) and even on 15 min, 5 min, and 1 min timescales I see the same pattern as in the top post repeat numerous times as I scroll to the left.
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chessnut (OP)
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May 02, 2014, 03:28:28 AM Last edit: May 02, 2014, 03:46:31 AM by chessnut |
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but it gets even bigger than that.
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Krabby
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https://primedao.eth.link/#/
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May 02, 2014, 04:56:52 AM |
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Why would this happen?
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chessnut (OP)
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May 02, 2014, 05:01:45 AM |
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Why would this happen?
It is an EW discussion not a FA, but the fundamentals are always merky none he less. plenty of factors that could drive bitcoin higher, and lower.
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Alonzo Ewing
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May 10, 2014, 01:32:20 AM |
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To me it looks like the current action does not match the previously repeating fractal pattern. If I had to guess, the underlying action of the market is changing into a new one.
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chessnut (OP)
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May 10, 2014, 01:43:35 AM |
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To me it looks like the current action does not match the previously repeating fractal pattern. If I had to guess, the underlying action of the market is changing into a new one.
yep in EW every fractal begins and ends a possible juncture. it's an opportunity for a previous or smaller fractal/s to express themselves in alternation creating only self similar properties.
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