Bitcoin Forum
December 11, 2016, 12:34:53 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 18 19 »  All
  Print  
Author Topic: Crash!!!!  (Read 32229 times)
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
July 31, 2012, 03:20:48 PM
 #201

This thing keeps on crashing upwards.
actually it's sideways, but nevermind I know people will do anything to sell at a decent price, like bumping irrelevant threads with made up statements,

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
1481416493
Hero Member
*
Offline Offline

Posts: 1481416493

View Profile Personal Message (Offline)

Ignore
1481416493
Reply with quote  #2

1481416493
Report to moderator
1481416493
Hero Member
*
Offline Offline

Posts: 1481416493

View Profile Personal Message (Offline)

Ignore
1481416493
Reply with quote  #2

1481416493
Report to moderator
"You Asked For Change, We Gave You Coins" -- casascius
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481416493
Hero Member
*
Offline Offline

Posts: 1481416493

View Profile Personal Message (Offline)

Ignore
1481416493
Reply with quote  #2

1481416493
Report to moderator
1481416493
Hero Member
*
Offline Offline

Posts: 1481416493

View Profile Personal Message (Offline)

Ignore
1481416493
Reply with quote  #2

1481416493
Report to moderator
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
July 31, 2012, 03:26:24 PM
 #202

This thing keeps on crashing upwards.
actually it's sideways, but nevermind I know people will do anything to sell at a decent price, like bumping irrelevant threads with made up statements,

Daily 10,20 and 50 SMA are all pointing up... thats a funny sideways trend...
Mike Jones
Newbie
*
Offline Offline

Activity: 14


Bitcoin's Chief Executive Officer


View Profile
July 31, 2012, 03:30:16 PM
 #203

This thing keeps on crashing upwards.
actually it's sideways, but nevermind I know people will do anything to sell at a decent price, like bumping irrelevant threads with made up statements,

Daily 10,20 and 50 SMA are all pointing up... thats a funny sideways trend...
He's probably still sold at 8.95.

Don't you worry about Bitcoin, let me worry about Bitcoin.

1HjH1Gm45w1m6J44VmXezvih3NzgXG7YfE
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
July 31, 2012, 04:25:17 PM
 #204

I have one word for each of you two:

lagging indicators.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
July 31, 2012, 04:30:29 PM
 #205

I have one word for each of you two:

lagging indicators.

Could you share your leading indicators with us?  Thanks.
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
July 31, 2012, 04:35:55 PM
 #206

Last high was 9.7 last low 7.7. Anything in-between is sideways.

Candle stick patterns are non-lagging though not leading. (No crystal ball for you)

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
July 31, 2012, 04:45:30 PM
 #207

Last high was 9.7 last low 7.7. Anything in-between is sideways.

Candle stick patterns are non-lagging though not leading. (No crystal ball for you)

So if all indicators are lagging indicators, what significance did your two words, "lagging indicators" have?
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
July 31, 2012, 04:47:59 PM
 #208

I haven't said that do you comprehend the non- prefix?

There are lagging indicators and instantaneous indicators. You use the lagging ones to validate a conclusion you derive from a instantaneous one, but never use a lagging one for anything else than validation.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
July 31, 2012, 04:53:32 PM
 #209

I haven't said that do you comprehend the non- prefix?

There are lagging indicators and instantaneous indicators. You use the lagging ones to validate a conclusion you derive from a instantaneous one, but never use a lagging one for anything else than validation.

I should have made more of a point of disagreement that a candlestick or candlestick pattern is an instantaneous indicator.  For instance a hammer candle doesnt indicate anything until it has a confirmation candle following it.  This says to me that the candlesticks are also a lagging indicator.

But even following your reasoning...  today's candle is higher than yesterdays candle, and my lagging indicators confirm this.  Where is the sideways again?
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
July 31, 2012, 05:02:06 PM
 #210

I haven't said that do you comprehend the non- prefix?

There are lagging indicators and instantaneous indicators. You use the lagging ones to validate a conclusion you derive from a instantaneous one, but never use a lagging one for anything else than validation.

I should have made more of a point of disagreement that a candlestick or candlestick pattern is an instantaneous indicator.  For instance a hammer candle doesnt indicate anything until it has a confirmation candle following it.  This says to me that the candlesticks are also a lagging indicator.

But even following your reasoning...  today's candle is higher than yesterdays candle, and my lagging indicators confirm this.  Where is the sideways again?

I use them on a smaller timescale. (6 hours)
You see a doji after the "breakout"  which suggests the market is being pushed upwards. Then an inverted hammer and currently a "minus" (alas no movement) which suggests resistance at the current levels.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
July 31, 2012, 05:16:42 PM
 #211

Last high was 9.7 last low 7.7. Anything in-between is sideways.

Candle stick patterns are non-lagging though not leading. (No crystal ball for you)

Previous highs above 9 have been blips without conviction and without sell-side volume.  In fact one may have been caused by the hack of the bitcoinica act on mt gox.  IMHO this is the first push above 9 that has any conviction. 
ElectricMucus
Legendary
*
Offline Offline

Activity: 1540


Drama Junkie


View Profile
July 31, 2012, 05:23:36 PM
 #212

Last high was 9.7 last low 7.7. Anything in-between is sideways.

Candle stick patterns are non-lagging though not leading. (No crystal ball for you)

Previous highs above 9 have been blips without conviction and without sell-side volume.  In fact one may have been caused by the hack of the bitcoinica act on mt gox.  IMHO this is the first push above 9 that has any conviction.  

Yes, still they are valid for estimating resistance levels and they aren't related to anything except fat finger trades.


First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
July 31, 2012, 05:47:27 PM
 #213

I propose that they are not that valid for estimating resistance levels.    I think that that nugget learned from stock markets may not apply to such an illiquid market like BTC.  I mean intraday stock prices are still the effect of significant market participation in terms of raw #s of people.  But in the BTC markets a single individual can (and did) set those prior highs, and in fact may have done so solely as a pump and dump.

I think we saw a lot of resistance breaking 9.  But didn't the convictionless highs push thru 9 like it did not exist, topping out at 9.5-9.7? 

Looking at the sell-side it seems like we will see a lot of resistance at 10, I guess we'll probably find out in the next week or so whether that resistance reforms at 9.7 or whether it stays at 10...
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
August 01, 2012, 06:12:16 AM
 #214

Last high was 9.7 last low 7.7. Anything in-between is sideways.

Candle stick patterns are non-lagging though not leading. (No crystal ball for you)

What about Last high was 31.9 last low 2.0. Anything in-between is sideways. Cheesy

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
August 02, 2012, 09:51:18 AM
 #215

*chanting* Lets go bears lets go!

smoothie
Legendary
*
Offline Offline

Activity: 1848


LEALANA Monero Physical Silver Coins


View Profile
August 02, 2012, 09:57:49 AM
 #216

*chanting* Lets go bears lets go!

Uhhhh yeaaahh....we're in a bull market...but you can dream  Cheesy

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
August 02, 2012, 10:03:35 AM
 #217

*chanting* Lets go bears lets go!


Uhhhh yeaaahh....we're in a bull market...but you can dream  Cheesy
u just wait. all the bears are going to be screaming "GOAL!!!" soon

kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
August 02, 2012, 10:46:50 AM
 #218

here it comes.

Yuhfhrh
Full Member
***
Offline Offline

Activity: 238



View Profile
August 02, 2012, 10:49:11 AM
 #219

here it comes.

*Holds breath* Lips sealed
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
August 02, 2012, 10:52:54 AM
 #220

sec, gotta wait for my btc to arrive at gox *facepalm*

Pages: « 1 2 3 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 18 19 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!