Analysis - page 207. | Bitcointalksearch.org

oda.krell

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Quote from: billyjoeallen on February 22, 2015, 07:11:29 PM

Pan out one order of magnitude and Bitcoin teaches exactly the opposite. Most of my coins were bought in 2011 and they're still looking pretty good.

This isn't your run of the mill "Bitcoin is dead" meme. Just the question about what (~yearly) market state we're in, and at what point to conclude that market state has changed. It'll take either a looong period of "upwards stability" to get out of it, or a sudden violent rally that is so convincing, so powerful, nobody dares to take profits for a while. Neither of which has happened yet, although arguably, depending on how far down we're heading now, option 1 could be underway currently.

Wary

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Who's there?

Quote from: janos666 on February 22, 2015, 08:05:23 PM

Quote from: Wary on February 22, 2015, 07:36:59 PM

Quote from: billyjoeallen on February 22, 2015, 07:11:29 PM

Quote from: oda.krell on February 22, 2015, 05:42:33 PM

Quote from: ndnh on February 22, 2015, 03:14:41 PM

Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

and then the explosion comes..

I don't mind waiting. Wink

If 2014 taught us anything, it's that currently, "explosions" mostly happen in the direction most of us don't like that much Tongue

Pan out one order of magnitude and Bitcoin teaches exactly the opposite. Most of my coins were bought in 2011 and they're still looking pretty good.

Bitcoin doesn't exist long enough to pan out one order of magnitude. Grin

That chart shows ~5 months, so zooming out by an order of magnitude means it should cover ~50 months (~4 years). I think it's possible if you include historical Mt.Gox data to cover the first few years.

Bolded-out texts seems to show that the "order of magnitude" was about the whole 2014. Then next order of magnitude is 10 years. Which we don't have yet. But if if was about the chart, then we already have it. Never mind. Doesn't matter either way.

janos666

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Quote from: Wary on February 22, 2015, 07:36:59 PM

Quote from: billyjoeallen on February 22, 2015, 07:11:29 PM

Quote from: oda.krell on February 22, 2015, 05:42:33 PM

Quote from: ndnh on February 22, 2015, 03:14:41 PM

Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

and then the explosion comes..

I don't mind waiting. Wink

If 2014 taught us anything, it's that currently, "explosions" mostly happen in the direction most of us don't like that much Tongue

Pan out one order of magnitude and Bitcoin teaches exactly the opposite. Most of my coins were bought in 2011 and they're still looking pretty good.

Bitcoin doesn't exist long enough to pan out one order of magnitude. Grin

That chart shows ~5 months, so zooming out by an order of magnitude means it should cover ~50 months (~4 years). I think it's possible if you include historical Mt.Gox data to cover the first few years.

Wary

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Who's there?

Quote from: billyjoeallen on February 22, 2015, 07:11:29 PM

Quote from: oda.krell on February 22, 2015, 05:42:33 PM

Quote from: ndnh on February 22, 2015, 03:14:41 PM

Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

and then the explosion comes..

I don't mind waiting. Wink

If 2014 taught us anything, it's that currently, "explosions" mostly happen in the direction most of us don't like that much Tongue

Pan out one order of magnitude and Bitcoin teaches exactly the opposite. Most of my coins were bought in 2011 and they're still looking pretty good.

Bitcoin doesn't exist long enough to pan out one order of magnitude. Grin

billyjoeallen

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Hide your women

Quote from: oda.krell on February 22, 2015, 05:42:33 PM

Quote from: ndnh on February 22, 2015, 03:14:41 PM

Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

and then the explosion comes..

I don't mind waiting. Wink

If 2014 taught us anything, it's that currently, "explosions" mostly happen in the direction most of us don't like that much Tongue

Pan out one order of magnitude and Bitcoin teaches exactly the opposite. Most of my coins were bought in 2011 and they're still looking pretty good.

myself

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chaos is fun...…damental :)

hahahaha some one got a stock pile of лaдaн to burn for the time loop gods Grin

oda.krell

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Quote from: ndnh on February 22, 2015, 03:14:41 PM

Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

and then the explosion comes..

I don't mind waiting. Wink

If 2014 taught us anything, it's that currently, "explosions" mostly happen in the direction most of us don't like that much Tongue

ndnh

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New Decentralized Nuclear Hobbit

Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

and then the explosion comes..

I don't mind waiting. Wink

madmat

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Quote from: masterluc on February 22, 2015, 03:05:02 PM

It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

Perfectly clear now. Thanks Masterluc.

masterluc

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It is when price is locked in trading range (210-250) for a long time (weeks, months). Like it was locked in ~$5 range in 2012 for a half of year.

fonzie

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Moderator

Quote from: madmat on February 22, 2015, 03:02:56 PM

Quote from: masterluc on February 22, 2015, 11:56:37 AM

If it will bounce out of 210 - I may declare range lock.

I am not a native English speaker and I need someone to translate this quote.

I hope this helps:

ប្រសិនបើវា នឹងស្ទុះងើបឡើង ចេញពី 210 - ខ្ញុំ អាចប្រកាស ជួរ សោ ។

madmat

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Quote from: masterluc on February 22, 2015, 11:56:37 AM

If it will bounce out of 210 - I may declare range lock.

I am not a native English speaker and I need someone to translate this quote.

masterluc

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If it will bounce out of 210 - I may declare range lock.

bitcodo

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Can't upload avatar

Thank you again for your insights.

masterluc

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The big move is on the way due to this

Daily ADX suggests bullish kickstart

Weekly ADX shows depressing bearish activity

Daily macd shows a bullish hook

BUT. Any daily close bellow 208 (daily lower BB) will instantly activate further price drop. As well as any close above 254 will instantly activate bullish wedge breakout.

So I watch for daily BB borders.

pinky

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