Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 51.

naima53

hero member

Activity: 616

Merit: 502

Quote from: Crypt_Current on March 27, 2012, 03:02:40 PM

Quote from: S3052 on March 27, 2012, 02:20:02 PM

It's interesting that after a while of absence of huge walls, we see a wall again. Maybe the so called "manipulator" is back.

https://bitcointalksearch.org/topic/--66627

If you can attract bigger players, maybe you can beat the club.

aaand.... my topic was immediately removed by the moderator .. Do not be taken seriously. But immediately removed. The logic? Grin

pent
you are so vehemently criticize s3052 .. but you know very well Russian language? is not it? Then you know where all the publishing "secret" subscription freely available? And do not say that. (here, as I did not tell anyone) to what would be before others make the right trading solution .. Right? I agree that the s3052 "effect on the market." But I can see just what he is doing a great nice work

pent

hero member

Activity: 490

Merit: 500

Quote from: N12 on March 27, 2012, 04:33:58 PM

So, S3052, I guess your update was bullish? Grin

I can confirm latest S3052 updates were not biassed and include many-sided views.

pent

hero member

Activity: 490

Merit: 500

Quote from: S3052 on March 27, 2012, 02:20:02 PM

It's interesting that after a while of absence of huge walls, we see a wall again. Maybe the so called "manipulator" is back.

It is a spirit of Satoshi makes intervention on the market!

I saw such spirit when we bounced from 1.98 to 2.4

finway

hero member

Activity: 714

Merit: 500

Quote from: S3052 on March 25, 2012, 08:39:28 AM

The expected move has just started

lol

Otoh

donator

Activity: 3108

Merit: 1166

Quote from: N12 on March 27, 2012, 04:33:58 PM

Honestly, I would not take him seriously at all. It is impossible to create such a trading racket in a way that everyone trusts the other, and no serious investors would take part in it to gather enough funds to set up a 40k bid wall. It is also too risky to profit off such a method longer term (market doesn’t fall for walls eventually).

So, S3052, I guess your update was bullish? Grin

lol - I agree that was a nice quick (& short lived) 10 cents splash up from the this will end in tears club OMG the market better not keep going lower band aid - the manipulator/the market is really going to love these little plump pigeons flocking together imo

N12

donator

Activity: 1610

Merit: 1010

Honestly, I would not take him seriously at all. It is impossible to create such a trading racket in a way that everyone trusts the other, and no serious investors would take part in it to gather enough funds to set up a 40k bid wall. It is also too risky to profit off such a method longer term (market doesn’t fall for walls eventually).

So, S3052, I guess your update was bullish? Grin

S3052

legendary

Activity: 2100

Merit: 1000

interesting, but I will not get into this

By the way, just sent a new short term bitcoin prices and bitcoin charts analysis to subscribers

Crypt_Current

hero member

Activity: 686

Merit: 500

Shame on everything; regret nothing.

Quote from: S3052 on March 27, 2012, 02:20:02 PM

It's interesting that after a while of absence of huge walls, we see a wall again. Maybe the so called "manipulator" is back.

https://bitcointalksearch.org/topic/--66627

If you can attract bigger players, maybe you can beat the club.

S3052

legendary

Activity: 2100

Merit: 1000

It's interesting that after a while of absence of huge walls, we see a wall again. Maybe the so called "manipulator" is back.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: molecular on March 26, 2012, 08:49:10 AM

Hey guys, I have a question.

So I'm using this bot I wrote and I thought I'd follow suggestion from the last weekly report to "sell below 4.50". And set it to sell some coins (luckily not many) when price would go below 4.48. It followed my orders and sold around 4.475 when the price spiked down a bit more than a day ago.

Well, this didn't work out well (at least so far).

Question: how should I program the bot? I could, for example make it wait for a certain amount of time or a certain amount of volume traded with the price meeting the condition? That might've avoided the wrong sell signal in this case. On the other hand, if the price just crashes through the treshold, waiting would not be a good option and I'd probably have to use a price range or minimum price to sell at to avoid selling too low.

Any ideas?

I would suggest NOT using a bot as a panic seller/stop-loss unless written to include other indicators. Seems to me, the only way for it to work well as a stop-loss bot would be if the price blows through, and keeps going, and that just doesn't happen very often anymore. There would almost always be a retrace to catch a better price.
Set the bot to notify you when approaching your target liquidation price maybe. Then you determine what action to take.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: pent on March 26, 2012, 08:52:30 AM

Bot is a good way converting money to nothing providing liquidity to rest of market. Don't stop

Heh, I wouldn't exactly call the amounts my bot has at his disposal "liquidity".

pent

hero member

Activity: 490

Merit: 500

Bot is a good way converting money to nothing providing liquidity to rest of market. Don't stop

molecular

donator

Activity: 2772

Merit: 1019

Hey guys, I have a question.

So I'm using this bot I wrote and I thought I'd follow suggestion from the last weekly report to "sell below 4.50". And set it to sell some coins (luckily not many) when price would go below 4.48. It followed my orders and sold around 4.475 when the price spiked down a bit more than a day ago.

Well, this didn't work out well (at least so far).

Question: how should I program the bot? I could, for example make it wait for a certain amount of time or a certain amount of volume traded with the price meeting the condition? That might've avoided the wrong sell signal in this case. On the other hand, if the price just crashes through the treshold, waiting would not be a good option and I'd probably have to use a price range or minimum price to sell at to avoid selling too low.

Any ideas?

osmosis

sr. member

Activity: 300

Merit: 250

Quote from: ?? on ??

Quote from: molecular on March 25, 2012, 01:18:07 PM

Quote from: ?? on ??

Notme was just trolling...

But this guy is not right 100% of the time even thought he pretends he is. I just wonder how much over 50% it is.

Actually, his analysis consists not only of calls. More often than not they contain predictions like: "if it goes below x, it'll drop to x2, if it goes above y on the other hand (this possibility we estimate at z%), it might rise to y1 or even y2". Now this information can be made use of, also.

S3052 might be a bit braggy at times, but he never said he was right 100% of the time. Subscribers know this anyhow and the public now also does Wink

You are right, they are mostly like if it goes up, it will go up more, then down later. Or if it goes down, it will go down more and then later up.

I was just unclear when he said the expected outcome as he always gives two options. I subscribe btw for people who don't know. At 5.2 he was saying up up up.

He is bullish, so his predictions are very accurate when bitcoin is in a bull market.

fcmatt

legendary

Activity: 2072

Merit: 1001

and what was/were the reasons for up, up, up? that lines drawn on charts (the tossing of bones in the btc world equivalent, btw) predicted upwards movement?
seems people need to get away from that and find valid reasons for upward price movements based in reality. like 1000 new online stores accept bitcoin or
bitcoin gambling is exploding with users or micro payment success with several websites revolving around digital goods (video games). until then....

notme

legendary

Activity: 1904

Merit: 1002

Quote from: ?? on ??

At 5.2 he was saying up up up.

So was waveaddict... I have a feeling that is why someone decided down was the best option Wink

.

disclaimer201

legendary

Activity: 1526

Merit: 1001

Quote from: N12 on March 25, 2012, 02:39:34 PM

The Bitcoin theft you keep talking about to the tune of ~45k has become completely meaningless as time progressed and the thief already likely cashed out long ago.

Bitcoin inflation is ~7.2k daily, so that’s not even one week of inflation. It’s nothing.

I know. I'm not worried about the 45k though, but about this entire Gox freezing accounts and playing police ordeal. Still worried about people supposedly writing programs to filter tainted coins and etc. Connect the dots. I read those threads and think it isn't actually a problem for now, but I'd love to be warned not only about the minor risks about the major threats as well. Unless everyone decides bitcoin is invincible and sticks their head in the sand. It'd be good to have analysts calc in such scenarios as well because to me, it may as well be one of those major flaws that can potentially bring down bitcoin entirely. If you could give an all-clear here, I'd go and buy some more bitcoins right away.

N12

donator

Activity: 1610

Merit: 1010

The Bitcoin theft you keep talking about to the tune of ~45k has become completely meaningless as time progressed and the thief already likely cashed out long ago.

Bitcoin inflation is ~7.2k daily, so that’s not even one week of inflation. It’s nothing.

disclaimer201

legendary

Activity: 1526

Merit: 1001

Quote from: molecular on March 25, 2012, 01:13:11 PM

Quote from: disclaimer201 on March 25, 2012, 10:17:16 AM

As I've stated here before I am very critical of S3052 because there is no way Technical Analysis can predict future market development. Nevertheless, I get the feeling without his analysis, I'd be far worse off. And I'm talking about the free service here. It would be good to have a kind of peer review of his work.

What good will a peer-review do in your mind when assuming, as you do, that technical analysis doesn't work?

A peer-review might give a hint at how good he is in what he is doing. I don't expect a Technical Analyst to know the future but I want to know if he is good at showing overall tendencies and is able to read signals that indicate shifts to either direction. He can still be wrong if big players manipulate the market- like he was with that recent bull trap. If others come to draw similar conclusions it might give him a whole lot of credibility though.

Bitcoin has an extremely volatile market, so it's even more important to know quickly if something is changing underneath the surface market price.

Ideally, I'd wish for such a service to calculate other risk factors as well - such as the aftermath and long-term effects of the recent btc thefts and its implications. I'd understand if this is impossible to do if you just believe in numbers and graphs. Perhaps that's a job for the speculation forum instead. It'd be nice though.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ?? on ??

Notme was just trolling...

But this guy is not right 100% of the time even thought he pretends he is. I just wonder how much over 50% it is.

Actually, his analysis consists not only of calls. More often than not they contain predictions like: "if it goes below x, it'll drop to x2, if it goes above y on the other hand (this possibility we estimate at z%), it might rise to y1 or even y2". Now this information can be made use of, also.

S3052 might be a bit braggy at times, but he never said he was right 100% of the time. Subscribers know this anyhow and the public now also does Wink

Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 51. (Read 540250 times)