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Topic: Bitcoin went out of exponential trend into linear downtrend [TA inside] - page 2. (Read 3652 times)

legendary
Activity: 2101
Merit: 1061
legendary
Activity: 2101
Merit: 1061
legendary
Activity: 2101
Merit: 1061

Longer version of the log trend that failed. This shows MtGox and BTC-E on same chart with log price scale

member
Activity: 84
Merit: 10
Those charts just prove that TA is a waste of time with btc.

ta is not randomly draw lines like OP did.

You could draw lines that would show the opposite if you wanted to

please do that. I am waiting for it.

lmao
full member
Activity: 135
Merit: 100
Those charts just prove that TA is a waste of time with btc.

ta is not randomly draw lines like OP did.

You could draw lines that would show the opposite if you wanted to
member
Activity: 84
Merit: 10
op's TA has got a minor flaw, bitcoin is around a little longer than 2012

probably didn't find anymore history. Where can i get tradehistory from before 2012? Oh, i see at MtGox ... oh shit, now it looks even worse!

Nice arbitrary lines u have there.

show me a line that is not 'arbitrary', dumbo
legendary
Activity: 1414
Merit: 1000
Those charts just prove that TA is a waste of time with btc.
sr. member
Activity: 560
Merit: 250
op's TA has got a minor flaw, bitcoin is around a little longer than 2012

The logarithmic chart this guy posted has been circulating here for at least a year already, if not much longer. These charts always start around 2012.
You're welcome.
PoS
full member
Activity: 223
Merit: 101
If you can be anything, be kind and fair
op's TA has got a minor flaw, bitcoin is around a little longer than 2012
legendary
Activity: 2338
Merit: 1035
legendary
Activity: 1834
Merit: 1020
Just because there's a line there doesn't mean it can't go around it. I'm pretty sure the bubble to $1000 broke some trend lines. Once Wall Street got involved, a lot of the past trend lines for Bitcoin don't mean shit. It's a new ball game.

wallstreet is pipedreams. You notice correctly: it was a bubble
Question: when in history did speculative bubbles repeat a second time on the same thing after collapsing? Never.



Actually it's happened for a 2nd and 3rd time already with BTC.  Did you know that this is not the largest crash in BTC's history?  Actually, it's not even close (by a factor of ~4).
sr. member
Activity: 242
Merit: 250
Nice arbitrary lines u have there.
member
Activity: 84
Merit: 10
why do you ignore the data before the bull ride to 1000?

I agree with the linear thing, if it up(you will agree with me if you use all time data)



can you post a graphic for what you are talking about?
newbie
Activity: 35
Merit: 0
why do you ignore the data before the bull ride to 1000?

I agree with the linear thing, if it up(you will agree with me if you use all time data)

sr. member
Activity: 427
Merit: 250
I stopped reading at "TA"...
member
Activity: 84
Merit: 10
Good luck with your short though I suspect you are a bit late old chap.

Posting a chart after the price has dropped 80% (as of today, though of course 87% at the recent capitulation low) and predicting the price will follow the same trajectory downwards is great. Let me know how that works out for you.

I look forward to seeing you posting from the same account and with some updated charts in six months! Smiley

the words of a true die-hard baghodler   Roll Eyes
My short from 300$ are still open - so far i have no regret to have them opened.
legendary
Activity: 1176
Merit: 1000
Good luck with your short though I suspect you are a bit late old chap.

Posting a chart after the price has dropped 80% (as of today, though of course 87% at the recent capitulation low) and predicting the price will follow the same trajectory downwards is great. Let me know how that works out for you.

I look forward to seeing you posting from the same account and with some updated charts in six months! Smiley
hero member
Activity: 588
Merit: 500
member
Activity: 84
Merit: 10
Just because there's a line there doesn't mean it can't go around it. I'm pretty sure the bubble to $1000 broke some trend lines. Once Wall Street got involved, a lot of the past trend lines for Bitcoin don't mean shit. It's a new ball game.

wallstreet is pipedreams. You notice correctly: it was a bubble
Question: when in history did speculative bubbles repeat a second time on the same thing after collapsing? Never.

hero member
Activity: 588
Merit: 500
Just because there's a line there doesn't mean it can't go around it. I'm pretty sure the bubble to $1000 broke some trend lines. Once Wall Street got involved, a lot of the past trend lines for Bitcoin don't mean shit. It's a new ball game.
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