Here we go

[redhawk979]

If everything was this "predictable" then nobody would lose money investing ever. There is 0 guarantee it will hit 5k.

[segeln]

If everything was this "predictable" then nobody would lose money investing ever. There is 0 guarantee it will hit 5k.

when you think TA is a "prediction" of accurate rates you seem to be not too familiar with TA.
TA Shows only posssible Price movements and ranges but not secure ones

[TERA]

So what happened? I was told there would be a moon.

[RandomPedestrianN9]

So what happened? I was told there would be a moon.

I was told my tulips will grow so high i can climb them and steal golden goose from Giants living on the Moon.

[r34tr783tr78]

I didn't say nothing against logarithmic charts or if I use them or not.
I just stated something that I think is a fact on bitcoin trading. Go to trading view: the default chart of its system is linear and the charts that the most followed analysts post are linear.

[sgbett]

I didn't say nothing against logarithmic charts or if I use them or not.
I just stated something that I think is a fact on bitcoin trading. Go to trading view: the default chart of its system is linear and the charts that the most followed annalists post are linear.

I think its spelt analist

[zimmah]

I didn't say nothing against logarithmic charts or if I use them or not.
I just stated something that I think is a fact on bitcoin trading. Go to trading view: the default chart of its system is linear and the charts that the most followed annalists post are linear.

linear growth - linear graphs
exponential growth - log charts

bitcoin grows exponentially (at least it did until now, and it will probably continue to do so for a while), so to see patterns use log charts.

[roslinpl]

So what happened? I was told there would be a moon.

Well if you can see OP chart we are heading to the moon - but we still need few more weeks to get there

From OP predictions we can clearly see - one more week and a rally will begin! =]

I must say I am starting to feel Bearish

[oda.krell]

I didn't say nothing against logarithmic charts or if I use them or not.
I just stated something that I think is a fact on bitcoin trading. Go to trading view: the default chart of its system is linear and the charts that the most followed annalists post are linear.

linear growth - linear graphs
exponential growth - log charts

bitcoin grows exponentially (at least it did until now, and it will probably continue to do so for a while), so to see patterns use log charts.

That's a simplification. More specifically: an unhelpful simplification.

Bitcoin price increased over the long term in a way that lends itself to view it as exponential growth. That does not mean: 1) that it always grew exponentially at all times (in fact, there are long stretches that are very clearly modeled best by a linear growth function), 2) that a single exponential growth function governed the price, 3) there are stretches of time where, conceivably, super exponential growth took place.

the tl;dr: sometimes it makes sense to look at price on a linear chart, sometimes on a log chart. the "broader" the view (e.g. the entire history of bitcoin trading), the more likely it is that the log view is more informative.

[segeln]

the tl;dr: sometimes it makes sense to look at price on a linear chart, sometimes on a log chart. the "broader" the view (e.g. the entire history of bitcoin trading), the more likely it is that the log view is more informative.

sometimes I agree with you. but only sometimes

[oda.krell]

the tl;dr: sometimes it makes sense to look at price on a linear chart, sometimes on a log chart. the "broader" the view (e.g. the entire history of bitcoin trading), the more likely it is that the log view is more informative.

sometimes I agree with you. but only sometimes

I take it that's your way of saying that I'm right :)

[yefi]

The more that people believe in the inviolability of these long term trends, the greater the destruction that will be wrought when they fail. People will be consternated, searching hopelessly for direction from a compass absent its magnetism.

no one claimed they are inviolable, that doesn't make them invalid though.

It's speculation for a reason, stop chanting "past results are no guarantee for future gains"we all know that, but this is the speculation section, if you don't like speculation don't go here.

The only way you can make an educated guess for what the future might bring is looking at the past. Otherwise you're just pulling up numbers out of your ass. Speculation is never scientific and no one claims it is.

Oh, I do like speculation, but even better is to observe the speculator. On this fragile line where they hang so many of their beliefs, I see an advantage, albeit not the advantage that you see or want to see.

[mmortal03]

I didn't say nothing against logarithmic charts or if I use them or not.
I just stated something that I think is a fact on bitcoin trading. Go to trading view: the default chart of its system is linear and the charts that the most followed annalists post are linear.

linear growth - linear graphs
exponential growth - log charts

bitcoin grows exponentially (at least it did until now, and it will probably continue to do so for a while), so to see patterns use log charts.

With short term charts it doesn't make as much of a difference.

[roslinpl]

You have graph that go up?

I have graph that go down...

Your graph is totally wrong. Instead of OP chart yours is showing only a short period of time frame.

To see a real predictions you need to zoom out - like in the OP chart.

=) Bitcoin charts looks much much better when you set it to "all-time"

[Crindon]

I like the way the trend looks. Definitely very promising. There is more room to grow as more investors get on board.

[segeln]

You have graph that go up?

I have graph that go down...

I made the same graph already 2 months ago,but my Interpretation of it is: bullish flag

[RandomPedestrianN9]

TO DA MOON! CHOO CHOO! CCMF!

[Benjig]

Nice, when this subforum says to the moon it means stay away

[RandomPedestrianN9]

Nice, when this subforum says to the moon it means stay away

FUD spreader. TO DA MOON! CCMF! ITS HAPPENING!

[alani123]

Nice, when this subforum says to the moon it means stay away

What did you expect? Does a single image seem like proper market analysis to you?