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growth spurts
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Topic: growth spurts (Read 1736 times)
arepo
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this statement is false
growth spurts
January 20, 2012, 07:38:19 AM
#1
recent spurts are making the price look reallly healthy. MFI clear positive trend and the accumulation/distribution line is outpacing the price.
Quote from: arepo on January 17, 2012, 10:22:47 PM
...markets swing from overbought to oversold. the 200% increase could easily have been a correction from the HISTORIC, UNPRECEDENTED downward momentum of the falling-knife (panic-selling-induced) crash. perhaps this is a sign that the correction is over and $6-$7 is a 'healthy' price range for bitcoin. always think longer term.
i'm a bull again. went all-in BTC.
EDIT: month-scale trendline hasn't even yet been broken. also, the price is demonstrating some extreme resiliency. the Accum/Distrib line is equal right now as it was at the peak of the summer bubble, and the PVT is higher. perhaps everyone's back but much more mature? i expect strong growth this year.
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
1713563976
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notme
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Re: growth spurts
January 20, 2012, 07:39:24 AM
#2
Quote from: arepo on January 20, 2012, 07:38:19 AM
recent spurts are making the price look reallly healthy. MFI clear positive trend and the accumulation/distribution line is outpacing the price.
Quote from: arepo on January 17, 2012, 10:22:47 PM
...markets swing from overbought to oversold. the 200% increase could easily have been a correction from the HISTORIC, UNPRECEDENTED downward momentum of the falling-knife (panic-selling-induced) crash. perhaps this is a sign that the correction is over and $6-$7 is a 'healthy' price range for bitcoin. always think longer term.
i'm a bull again. went all-in BTC.
Good move.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Serge
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Re: growth spurts
January 20, 2012, 07:41:03 AM
#3
too bad charts don't predict the future
notme
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Re: growth spurts
January 20, 2012, 07:44:15 AM
#4
Quote from: Serge on January 20, 2012, 07:41:03 AM
too bad charts don't predict the future
No, although chart psychology can do a good job at guessing. However, with BTC you always have to be prepared for a big splash in either direction.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Cluster2k
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Re: growth spurts
January 20, 2012, 08:47:19 AM
#5
Quote from: Serge on January 20, 2012, 07:41:03 AM
too bad charts don't predict the future
Charts are very valuable as a future predictor, as you know other people are running the same analyses and using the same funny names to describe unpredictable market psychology. You don't have to know what the market will do: you just have to know what the chartists will read into it and bet accordingly
The one thing we don't know is when someone will decide to meelba the market.
https://bitcointalk.org/index.php?topic=60135.0
chsados
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Re: growth spurts
January 20, 2012, 08:48:33 AM
#6
Quote from: Cluster2k on January 20, 2012, 08:47:19 AM
Quote from: Serge on January 20, 2012, 07:41:03 AM
too bad charts don't predict the future
Charts are very valuable as a future predictor, as you know other people are running the same analyses and using the same funny names to describe unpredictable market psychology. You don't have to know what the market will do: you just have to know what the chartists will read into it and bet accordingly
The one thing we don't know is when someone will decide to meelba the market.
https://bitcointalk.org/index.php?topic=60135.0
i wonder if the word meelba will be the new zhoutonged 2.0?
bb113
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Re: growth spurts
January 20, 2012, 09:22:56 AM
#7
At least I know noone will ever be able to name anything after my terrible mistakes.
elux
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Re: growth spurts
January 20, 2012, 04:45:19 PM
#8
Quote from: Cluster2k on January 20, 2012, 08:47:19 AM
The one thing we don't know is when someone will decide to meelba the market.
"Meelba" is henceforth a verb.
Piper67
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Re: growth spurts
January 20, 2012, 04:57:28 PM
#9
Quote from: elux on January 20, 2012, 04:45:19 PM
Quote from: Cluster2k on January 20, 2012, 08:47:19 AM
The one thing we don't know is when someone will decide to meelba the market.
"Meelba" is henceforth a verb.
I propose "meelbated" :-)
teflone
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You're fat, because you dont have any pics on FB
Re: growth spurts
January 20, 2012, 05:43:23 PM
#10
Melba toast(ed)
For Canadians by Canadians: Canada's Bitcoin Community -
https://www.coinforum.ca/
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