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Topic: [Daily Speculation Poll] :: Do you believe the price is accurate? (Read 1087 times)

zby
legendary
Activity: 1594
Merit: 1001
When was the last time these magic lines worked out? The ones I remember stumbling across on this board seemed to have a failure rate of 100%.

Any reasoning as to why assume linear behavior? Isn't the "take first order lol" approach intended for infinitesimal time-steps? It would be much more persuasive if someone added an argument; preferably not "Look, it worked after all, on the 29th and 48th attempt it was almost perfect!!1"
Personally I think there are some linear phenomena on a very short scale - that is minutes or hours - because when people tend to add their orders so that they should be covered in the next swing.  On the long term it is alwas about which one is more persuasive Smiley 
legendary
Activity: 1036
Merit: 1002
When was the last time these magic lines worked out? The ones I remember stumbling across on this board seemed to have a failure rate of 100%.

Any reasoning as to why assume linear behavior? Isn't the "take first order lol" approach intended for infinitesimal time-steps? It would be much more persuasive if someone added an argument; preferably not "Look, it worked after all, on the 29th and 48th attempt it was almost perfect!!1"
legendary
Activity: 1386
Merit: 1000
zby
legendary
Activity: 1594
Merit: 1001


Here - I fixed the bottom trend band for you.  It is now around 4.7.
hero member
Activity: 607
Merit: 500
Keep in mind that bubble often results in a smaller reverse bubble. That's why we saw $1.99 even when it was way below long-term trendline. So now that the bubble is over we can see a setback to $4.6 - $5.1 area before the rally resumes.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
Reversal, rally, correction, back where we're supposed to be.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

the bubble is over!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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