Topic: Bitcoin in "Return to Mean" stage of bubble? (Read 3183 times)
Just got here. Did we return to the mean? Hey, where did everyone go?
Nah, kinda doubt that.
I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.
The labels on the chart are not even accurate. The MSM was reporting on bitcon for much of 2013 I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.
Just put an exponential mean, and the actual level slighly bellow that mean, and there is where we are. I see 700 the return to mean value.
And I agree that this graph is starting to get annoying.
And I agree that this graph is starting to get annoying.
There are always newbies who have never seen it... Doesn't bother me that much, especially since the bubbles DO follow a curve similar to it (but not exactly).
You mean they go up then go down? First there is an "up phase" then there is a "down phase", I now created an universal curve for any traded market in history, fits any time scale and any historical data! Feel free to derive your trading strategy from it! I use it to buy before "Bubble" phase and sell before "Crash" phase, works every time!
Just put an exponential mean, and the actual level slighly bellow that mean, and there is where we are. I see 700 the return to mean value.
And I agree that this graph is starting to get annoying.
And I agree that this graph is starting to get annoying.
There are always newbies who have never seen it... Doesn't bother me that much, especially since the bubbles DO follow a curve similar to it (but not exactly).
the valuation Chart ist ok.
But to compare it to the current bitcoin-Price-Chart ist utmost stupid.
In the valuation Chart we are just in the "first sell off bear trap" -stage".
Stupid OP
But to compare it to the current bitcoin-Price-Chart ist utmost stupid.
In the valuation Chart we are just in the "first sell off bear trap" -stage".
Stupid OP
Just put an exponential mean, and the actual level slighly bellow that mean, and there is where we are. I see 700 the return to mean value.
And I agree that this graph is starting to get annoying.
And I agree that this graph is starting to get annoying.
Nah, kinda doubt that.
I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.
+1 I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.
Nah, kinda doubt that.
I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.
I think for once, traders and holders are united in their hatred of the idiocy that is posting this chart over and over again.
you guys are just crying b/c if you'd followed that d*mn chart for that last 3 bubbles you could have more than tripled your BTC holdings, no fancy TA required. Only risk (and it is a big one) is avoiding failures like Bitcoinica, coinfloor, Gox. For example, RP "blindly" followed the trendline last time, sold when we were above, bought when we were below and ended up with a dilapidated manor for free.
It's similar to gambling, but it's not nearly as risky as pure gambling when you do it correctly.
Agree. Doing it correctly meaning when everybody bids on red, you do it too, and that collective action may actually affect the end result. That's all there is to "insightful speculation". If most people would be looking at that chart for wisdom, we might be actually following it, however nobody ever did, so bitcoin price never did, too.
Everybody who posts this charts seems to have failed math, since they miss the simple fact that 350 > 265 > 100.
The past chart doesn't mean anything for the future. No one knows what exactly the price wil be in the future.
The old "past results do bit guarantee future result" chant again, and as always misinterpreted.
The whole point of speculating is making an educated guess based on past results. You can't GUARANTEE it will move one way or another, but you can very damn well GUESS it and make a ton of money. You'll guess wrong sometimes, but when your analysis is good you'll make more money than you lose on average.
It's similar to gambling, but it's not nearly as risky as pure gambling when you do it correctly.
Otherwise we might move this entire subtopic to gambling.
I think it's awesome how this chart is ok when it's followed by "ready to blast off?" but you all cry when someone compares the bubble burst to it
Way to "woman" it up with your double standards, guys!
Way to "woman" it up with your double standards, guys!
we didn't cry when it actually represented the bubble burst. people only question it when retards like failling come out and put it up saying we just got to the end of the bubble like last month and now its going to 200. that is an absolutely absurd interpretation, and deserves ridicule. return to mean/ first bear trap makes sense. and lines up.
That god damn chart.
Posting it should be grounds for banning.
https://www.youtube.com/watch?v=Rr_DTozbH8E
Simran, do you still hold you LTC stash? IS LTC also in the "return to mean" stage?
Litecoin is experiencing capitulation. Much despair to come before it goes up (sustained) again.
I think it´s time to reactivate my BTC-e account "LTCvictim" .
I love to chat during the despair phase!
Simran, do you still hold you LTC stash? IS LTC also in the "return to mean" stage?
Litecoin is experiencing capitulation. Much despair to come before it goes up (sustained) again.
The past chart doesn't mean anything for the future. No one knows what exactly the price wil be in the future.
Simran, do you still hold you LTC stash? IS LTC also in the "return to mean" stage?
That god damn chart.
This chart... one day it'll break me.
That, and the 'Guys! Why are we going {up, down} by $2? Some news I missed? Guys?!' threads.
Topics with the word "stage" anywhere in first post should be moved to a new speculation sub-section, named, I don't know, "Conclusions taken directly from someone's ass".
Seriously now, I am seeing that for 4 years, and topics that start with "I had a dream last night" have much more insight than this stupid shit.
That god damn chart.
This chart... one day it'll break me.
That, and the 'Guys! Why are we going {up, down} by $2? Some news I missed? Guys?!' threads.
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