Topic: Bitcoin is not being traded in linear chart (why this is no bubble) (Read 361 times)
September 05, 2017, 03:43:49 PM
most of the analysis I see experts do is on linear charts. are you saying all of them are missing something ??
September 05, 2017, 10:44:25 AM
it is not like that,
but instead they are trading with emotions and do not care about chart or something like that.
whenever Bitcoin price hit new ATH people will say something like that.
do you remember when Bitcoin hit $1 back then ? nobody give a shit about the chart.
they keep screaming it will goes down deep and crash.
or they are screaming for their own sake.when the weak hands triggered by them many people will start selling their belongings and the fudder will take the chance to get it in.
so it's not like they're measure it using a liner,vertical,horizontal or else but instead they're using their emotions to trade it.
that is why we will see something like this happen in the near future
but instead they are trading with emotions and do not care about chart or something like that.
whenever Bitcoin price hit new ATH people will say something like that.
do you remember when Bitcoin hit $1 back then ? nobody give a shit about the chart.
they keep screaming it will goes down deep and crash.
or they are screaming for their own sake.when the weak hands triggered by them many people will start selling their belongings and the fudder will take the chance to get it in.
so it's not like they're measure it using a liner,vertical,horizontal or else but instead they're using their emotions to trade it.
that is why we will see something like this happen in the near future
Your post is more constructive than the first post. We can't use logaritmic chart for the prediction of bitcoin's future price. It's overrated clearly. Chart are actually not important at all, the important thing is that the buy/sell behaviour of the people. This makes a rally or crash for bitcoin.
September 05, 2017, 09:35:59 AM
it is not like that,
but instead they are trading with emotions and do not care about chart or something like that.
whenever Bitcoin price hit new ATH people will say something like that.
do you remember when Bitcoin hit $1 back then ? nobody give a shit about the chart.
they keep screaming it will goes down deep and crash.
or they are screaming for their own sake.when the weak hands triggered by them many people will start selling their belongings and the fudder will take the chance to get it in.
so it's not like they're measure it using a liner,vertical,horizontal or else but instead they're using their emotions to trade it.
that is why we will see something like this happen in the near future
but instead they are trading with emotions and do not care about chart or something like that.
whenever Bitcoin price hit new ATH people will say something like that.
do you remember when Bitcoin hit $1 back then ? nobody give a shit about the chart.
they keep screaming it will goes down deep and crash.
or they are screaming for their own sake.when the weak hands triggered by them many people will start selling their belongings and the fudder will take the chance to get it in.
so it's not like they're measure it using a liner,vertical,horizontal or else but instead they're using their emotions to trade it.
that is why we will see something like this happen in the near future
September 05, 2017, 06:15:24 AM
I see a lot of traders making the mistake of judging the price by looking at the linear chart, which is why these traders have been calling the top of the bubble since $2000, $2200, $2500... and they continued all the way up, calling the top everyday.
The reason this happened is, if you look at the chart from a logarithmic perspective, the price is perfectly fine and we are in good shape for our journey to $100,000+ in 10 years or less.
Bitcoin doesn't grow linearly, DO NOT USE LINEAR GRAPHS TO CHART IT, or else you will keep calling tops everyday.
The reason this happened is, if you look at the chart from a logarithmic perspective, the price is perfectly fine and we are in good shape for our journey to $100,000+ in 10 years or less.
Bitcoin doesn't grow linearly, DO NOT USE LINEAR GRAPHS TO CHART IT, or else you will keep calling tops everyday.
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