you have a good point. corrected:
http://twitter.com/#!/BitcoinAnalyst
Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 138. (Read 540250 times)
April 23, 2011, 05:16:39 AM
April 23, 2011, 05:01:29 AM
Except I've seen him use it in that unusual way on the blog too
Unfortunately that incorrect usage isn't that unusual.
April 23, 2011, 04:38:06 AM
yea, he meant that it triple, not that it rose by 3x...
Except I've seen him use it in that unusual way on the blog too:"Consolidation in tight range between 1.13 – 1.20 $, after +214% rise in 2 weeks."
From this post: http://blog.bitcoinwatch.com/2011/04/bitcoin-market-analysis-april-21th-2011-by-s3052/
April 23, 2011, 04:33:24 AM
this +300% rally over the past 20 days
I don't get this. From approximately 0.5 to approximately 1.5 is a 300% increase?So, from 0.5 to 0.5 would have been a 100% increase?
Is that the way percentages are usually used in the financial world? That's not how I expect percentages to be used. From 0.5 to 1.5 would be (1.5-0.5)/0.5*100% = 200% increase.
yea, he meant that it triple, not that it rose by 3x...
April 23, 2011, 04:22:37 AM
this +300% rally over the past 20 days
I don't get this. From approximately 0.5 to approximately 1.5 is a 300% increase?So, from 0.5 to 0.5 would have been a 100% increase?
Is that the way percentages are usually used in the financial world? That's not how I expect percentages to be used. From 0.5 to 1.5 would be (1.5-0.5)/0.5*100% = 200% increase.
April 23, 2011, 02:36:06 AM
If this +300% rally over the past 20 days only gets some media attention (which I am sure it will), we may see follow through buying next week once people can add more funds to the exchanges.
There are no big resistances before the psychological 2.0 $, and even this one can be evaporated fast.
There are no big resistances before the psychological 2.0 $, and even this one can be evaporated fast.
April 23, 2011, 01:06:22 AM
Price has started to decline... Figured it was bound to happen!
April 22, 2011, 11:37:15 PM
Resistance @ 1.45
April 22, 2011, 07:07:39 PM
So we got $1.4 today - not so bad! 
April 22, 2011, 05:44:59 PM
April 22, 2011, 05:28:39 PM
People have a lot more time on the weekends, they are not at work/school/etc.
I often wonder why trading is down on saturday/sunday for "normal" markets.
And bots trade 24 hours a day, 7 days a week.
April 22, 2011, 05:25:35 PM
Just a weekend is coming. So a trading may slow down until Monday.
People have a lot more time on the weekends, they are not at work/school/etc.
I often wonder why trading is down on saturday/sunday for "normal" markets.
Because "normal" markets are closed.
April 22, 2011, 04:58:05 PM
Just a weekend is coming. So a trading may slow down until Monday.
People have a lot more time on the weekends, they are not at work/school/etc.
I often wonder why trading is down on saturday/sunday for "normal" markets.
April 22, 2011, 04:55:12 PM
Just a weekend is coming. So trading may slow down until Monday.
April 22, 2011, 03:55:41 PM
No it's not because of that, I'm thinking pychological resistances, especially for 2$
April 22, 2011, 03:47:02 PM
so no resistance at 1.5?
I'm pretty sure technical analysis is more complicated than looking for spikes on a chart.
http://en.wikipedia.org/wiki/Support_and_resistance
Agreed, there is no evidence that 1.5 or 2.0 will be resistance points.
I'm seeing 1.38 as a resistance point because prices are kind of sitting there.
April 22, 2011, 03:30:32 PM
so no resistance at 1.5?
I'm pretty sure technical analysis is more complicated than looking for spikes on a chart.
http://en.wikipedia.org/wiki/Support_and_resistance
April 22, 2011, 03:17:11 PM
so no resistance at 1.5?
April 22, 2011, 01:35:28 PM
We are at 1.332 right now... but looking at the thing below, I see a potential rise to 1.5, where we will hit a resistance. We will then see what happens. We can also see a 2$ resistance coming
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