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Topic: A question to anyone who still doubts Bitcoin: - page 3. (Read 4161 times)

newbie
Activity: 28
Merit: 0

I was not a huge believer in BTC at first. 

I suppose I should feel a bit concerned that it has dropped as much. 

I don't. 

I'm currently buying.  The US has a defacto legalization of bitcoin.  China and other less free countries are banning it due to its power.  This to me shows that it is legitimate.  I'm dipping my toes in the water.  Ever so slightly.
sr. member
Activity: 336
Merit: 250
Yep, it is 9.

If in doubt, it is 42...

...always

Your second question cannot be answered, because it involves time, which may or may not be (pre-)determined.

Even if it would be determined: I personally never met a person, that was able to predict future events.

Anyone that wants to be Rich has to buy within 1-90 days.

I would prefer to wait 90 days.
newbie
Activity: 42
Merit: 0
The thing is: The graph is based on reality, not fiction.

The thing is: The graph is based on the past, not the future.

Extrapolating is always dangerous. It works till it doesn't.

I also expect that we're probably shooting up by a factor of 5-10 in a few months...

But it isn't a given.

This.

Technical analysis uses a lot of selective sampling and selective selection of analysis strategy. For example: What exactly is the justification to choose a logarithmic scale? Just because this is the only scale where you can draw a trendline?

That's not proper science, it's manipulative selection of methods (and timeframe) until you get the results you want to get.

Selective sampling and selective selection? Wtf have you been smoking bro? Give me some of that sht!

What is "selective" on the graphs? There's an X and a Y axis, time and market value. That's it, nothing taken away and nothing added.

Justification to chose a logarithmic scale? Well you answered that yourself didnt you: You can Draw a trendline, see the trend of the curve and make a prediction.

It ain't proper science? Ofcourse not. The sentence following that is fkn stupid though. "Manipulative selection of Methods until a wanted result is given." Erm... No?

 You are free to make a graph on Your own proving me it's possible to stick to facts, as theese graphs do,  and get a different result.
legendary
Activity: 1153
Merit: 1012
The thing is: The graph is based on reality, not fiction.

The thing is: The graph is based on the past, not the future.

Extrapolating is always dangerous. It works till it doesn't.

I also expect that we're probably shooting up by a factor of 5-10 in a few months...

But it isn't a given.

This.

Technical analysis uses a lot of selective sampling and selective selection of analysis strategy. For example: What exactly is the justification to choose a logarithmic scale? Just because this is the only scale where you can draw a trendline?

That's not proper science, it's manipulative selection of methods (and timeframe) until you get the results you want to get.
legendary
Activity: 1330
Merit: 1000
dafar consulting
The thing is: The graph is based on reality, not fiction.

The thing is: You don't know shit buddy.
full member
Activity: 133
Merit: 100
The thing is: The graph is based on reality, not fiction.

The thing is: The graph is based on the past, not the future.

Extrapolating is always dangerous. It works till it doesn't.

I also expect that we're probably shooting up by a factor of 5-10 in a few months...

But it isn't a given.
full member
Activity: 230
Merit: 100
the answer is 9

I love that log chart!
newbie
Activity: 42
Merit: 0
It will be 9 ? Well I'm not sure.

Also making decision based only on graph...


The thing is: The graph is based on reality, not fiction.
newbie
Activity: 42
Merit: 0
newbie
Activity: 37
Merit: 0
It will be 9 ? Well I'm not sure.

Also making decision based only on graph...
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
The trouble with Bitcoin is that it's growing at a logarithmic rate.

This makes it hard to "see" the trend.

Log scale helps alot:



moonshot
g4c
member
Activity: 98
Merit: 10
The trouble with Bitcoin is that it's growing at a logarithmic rate.

This makes it hard to "see" the trend.

Log scale helps alot:

full member
Activity: 214
Merit: 100
 If you want to buy great but you shouldn't tell others to buy without any in depth analysis.
legendary
Activity: 1330
Merit: 1000
dafar consulting
Anyone that wants to be Rich has to buy within 1-90 days.

How rich are we talking about buddy?
newbie
Activity: 42
Merit: 0
Sure, "China made the bubble" does have a valid point. I'm not debating or questioning that. I don't care. I care about Logic patterns.


Can someone solve this for me?? Please, I don't understand..


https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcSWARBDPoFBzeXdJ-uPZO7mzu_QDm2cMTcpsNfrlNnE38Eqahjc




And then, while Your brain is turned on, please use that all-powerful Computing Power of Your brain to predict this one aswell:


https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQoKzzpzgAfq3FjHIRjFtNo6yt6RztSvrZbRyVSCPdNSI5fgrP5


Personally, I make 2 conclusions:

Price will not og lower than now. Maybe alittle, but not much.

Anyone that wants to be Rich has to buy within 1-90 days.
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