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Author Topic: the avalanche  (Read 978 times)
arepo
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this statement is false


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January 17, 2012, 10:34:05 PM
 #1

Oh yea, definitely not practical for predicting future bitcoin price. I don't trust the depth chart at all.

i find the depth data should be considered in a market where a large player can consume a wall (for instance, the one that WAS at $7.20 not so long ago) and cause an avalanche/roller coaster all by themself. these kinds of movements often belie other indicators.

She is swinging back up from the low $6.xx. Has been the take-off point for last 3 moves up.

All aboard everyone for the ride up to $7.xx once again.

you are dumb. too much downward momentum. too many failed expectations after not shooting to $8 two nights ago. this is a major correction and perhaps a reversal, if too many people get spooked. expect $5.5-$6 before resuming the uptrend, or only down from here.

i love being right.

i got out at $6.45 so screw yall

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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ineededausername
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bitcoin hundred-aire


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January 17, 2012, 10:35:05 PM
 #2

holy shit. good thing I didn't have a long position Shocked

(BFL)^2 < 0
dryden
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January 17, 2012, 10:36:51 PM
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I have a thing that reloads Gox data every 30 seconds.  It was showing just HEAPS of coins being loaded into the system.  At one point it was 30,000 new BTC every minute being added as ASK.
StewartJ
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January 17, 2012, 10:43:04 PM
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holy shit. good thing I didn't have a long position Shocked

Cest la vie, you win some, you lose some.
Vandroiy
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January 17, 2012, 10:48:02 PM
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I don't want to nag, but I used the term "flash crash" first. Try to beat that with an oh wow 5.5 prediction. Wink

Vandroiy is now pissed for having been called dumb. Will rub things in at every other occasion. Tongue
notme
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January 17, 2012, 10:49:49 PM
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I don't want to nag, but I used the term "flash crash" first. Try to beat that with an oh wow 5.5 prediction. Wink

Vandroiy is now pissed for having been called dumb. Will rub things in at every other occasion. Tongue

Why be pissed... You took their money didn't you?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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elux
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January 17, 2012, 10:50:28 PM
 #7

Boy this is fun!  Smiley
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