I don't understand how chodpabas charts are predicting the future price...
Is it based on current trends? Because that doesn't take into account if we get big news, good news, bad news, bitcoin etf passes, huge headlines on mainstream media, gox pays out
Just one of those variables can change the whole perspective
Topic: . - page 2. (Read 35852 times)
Hmm, what about:
http://en.wikipedia.org/wiki/Multivariate_stable_distribution
These loosely scattered trails on the top right of the median seem like they might fit.
The thing with PDFs is unless you understand the process and know which one to use it's always guesswork, but it might be "close enough"...
http://en.wikipedia.org/wiki/Multivariate_stable_distribution
These loosely scattered trails on the top right of the median seem like they might fit.
The thing with PDFs is unless you understand the process and know which one to use it's always guesswork, but it might be "close enough"...
thar she blows matey 125 --> 121
that's not really panic
its a strategic sell at the top of the bottom
thar she blows matey 125 --> 121
that's not really panic
thar she blows matey 125 --> 121
I doubt the support concept works here. The correction that happened yesterday had just 2 dumps, one small one large,
then a strong rebound due to thin asks. If a correction gets close to 125$ without further rolling the price imbalance, the price will stabilize there.
But that would be in contradiction with the EW theory, which says that the local bottom should be deeper than the one of the 7th.
So I placed my buy order just above 120$, but right now I'm not sure if it will drop that low.
then a strong rebound due to thin asks. If a correction gets close to 125$ without further rolling the price imbalance, the price will stabilize there.
But that would be in contradiction with the EW theory, which says that the local bottom should be deeper than the one of the 7th.
So I placed my buy order just above 120$, but right now I'm not sure if it will drop that low.
I place support at 129. I think the resistance stoping price from moving up, will become support, when the reversal really does happen.
obvious bump in the road is obvious.
I doubt the support concept works here. The correction that happened yesterday had just 2 dumps, one small one large,
then a strong rebound due to thin asks. If a correction gets close to 125$ without further rolling the price imbalance, the price will stabilize there.
But that would be in contradiction with the EW theory, which says that the local bottom should be deeper than the one of the 7th.
So I placed my buy order just above 120$, but right now I'm not sure if it will drop that low.
then a strong rebound due to thin asks. If a correction gets close to 125$ without further rolling the price imbalance, the price will stabilize there.
But that would be in contradiction with the EW theory, which says that the local bottom should be deeper than the one of the 7th.
So I placed my buy order just above 120$, but right now I'm not sure if it will drop that low.
i'm curious, if we do have another correction where would you place support?
I have published my calls for the next week here: https://bitcointalksearch.org/topic/--295346
interesting, i don't see it quite that way, but we appear to be on the same page.
i'm curious, if we do have another correction where would you place support?
net worth $260 million.... to da mooooon!!
lmao 50 cent becomes a bitcoin entrepreneur
i'm curious, if we do have another correction where would you place support?
net worth $260 million.... to da mooooon!!
i'm curious, if we do have another correction where would you place support?
The imbalance in the price is close to 10$, so another correction is quite probably IMO.
But as long as volume stays low, it just won't happen. And it requires a significant drop in money flow too.
This could happen in 1 - 2 hours, or in 6 - 7 hours from now ( or not at all if a whale buys and corrects the imbalance ).
But as long as volume stays low, it just won't happen. And it requires a significant drop in money flow too.
This could happen in 1 - 2 hours, or in 6 - 7 hours from now ( or not at all if a whale buys and corrects the imbalance ).
panic sell incoming
How much longer? I am growing bored
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