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Topic: Here we go - page 5. (Read 11685 times)

full member
Activity: 228
Merit: 100
May 19, 2014, 12:37:30 PM
#91
I'm optimistic about impact of the Fed's new report.

Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh

Don't be. Trust me. Means absolutely nothing.

Still at least they are positive about it, rather then attempting to suppress it.
hero member
Activity: 545
Merit: 500
May 19, 2014, 12:22:21 PM
#90
I'm optimistic about impact of the Fed's new report.

Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh

Don't be. Trust me. Means absolutely nothing.
hero member
Activity: 840
Merit: 1000
May 19, 2014, 11:27:42 AM
#89
Why be modest?

ZOMFG!!!

I am away to mortage the house and put it all on Bitcoins! We iz gonna be rich!
full member
Activity: 228
Merit: 100
May 19, 2014, 11:18:36 AM
#88
I'm optimistic about impact of the Fed's new report.

Federal Reserve: Bitcoin Potential 'Boon' for Global Commerce
http://coinde.sk/1ki5Zeh
member
Activity: 84
Merit: 10
May 19, 2014, 11:18:20 AM
#87

Why be modest?
hero member
Activity: 840
Merit: 1000
May 19, 2014, 11:16:21 AM
#86
No but when you see a combination of a train picture, a rocket picture, a moon picture, and a bear picture, it is a confirmed sell signal.












And of course JimboToronto's all time favourite since Dec 2013:

hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
May 19, 2014, 08:55:19 AM
#85
The price move could be a flag two months ago, but now clearly it's way to extensive to be a flag. We are on a median-term down trend.

this was a pretty 'extensive' bull flag Smiley



guess what happened next!

A retracement rally in an overall bear market:

legendary
Activity: 2576
Merit: 1087
May 19, 2014, 08:40:05 AM
#84
The price move could be a flag two months ago, but now clearly it's way to extensive to be a flag. We are on a median-term down trend.

this was a pretty 'extensive' bull flag Smiley



guess what happened next!
sr. member
Activity: 481
Merit: 268
May 19, 2014, 07:36:47 AM
#83
The price move could be a flag two months ago, but now clearly it's way to extensive to be a flag. We are on a median-term down trend.
hero member
Activity: 602
Merit: 500
May 19, 2014, 07:17:07 AM
#82
the tl;dr: sometimes it makes sense to look at price on a linear chart, sometimes on a log chart. the "broader" the view (e.g. the entire history of bitcoin trading), the more likely it is that the log view is more informative.
sometimes I agree with you. but only sometimes

I take it that's your way of saying that I'm right Smiley
so you took right
hero member
Activity: 728
Merit: 500
May 19, 2014, 06:41:54 AM
#81
Nice, when this subforum says to the moon it means stay away

What did you expect? Does a single image seem like proper market analysis to you?
No but when you see a combination of a train picture, a rocket picture, a moon picture, and a bear picture, it is a confirmed sell signal.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
May 19, 2014, 06:07:57 AM
#80
Nice, when this subforum says to the moon it means stay away

What did you expect? Does a single image seem like proper market analysis to you?
member
Activity: 84
Merit: 10
May 19, 2014, 03:06:55 AM
#79
Nice, when this subforum says to the moon it means stay away

FUD spreader. TO DA MOON! CCMF! ITS HAPPENING!
sr. member
Activity: 462
Merit: 250
May 19, 2014, 03:01:17 AM
#78
Nice, when this subforum says to the moon it means stay away
member
Activity: 84
Merit: 10
May 19, 2014, 02:45:06 AM
#77
TO DA MOON! CHOO CHOO! CCMF!
hero member
Activity: 602
Merit: 500
May 19, 2014, 02:04:26 AM
#76
You have graph that go up?

I have graph that go down...


I made the same graph already 2 months ago,but my Interpretation of it is: bullish flag
sr. member
Activity: 434
Merit: 250
May 19, 2014, 12:12:42 AM
#75
I like the way the trend looks. Definitely very promising. There is more room to grow as more investors get on board.
legendary
Activity: 2212
Merit: 1199
May 18, 2014, 08:23:02 PM
#74
You have graph that go up?

I have graph that go down...



Your graph is totally wrong. Instead of OP chart yours is showing only a short period of time frame.

To see a real predictions you need to zoom out - like in the OP chart.

=) Bitcoin charts looks much much better when you set it to "all-time" Smiley
legendary
Activity: 1762
Merit: 1011
May 18, 2014, 07:55:13 PM
#73
I didn't say nothing against logarithmic charts or if I use them or not.
I just stated something that I think is a fact on bitcoin trading. Go to trading view: the default chart of its system is linear and the charts that the most followed annalists post are linear.

linear growth - linear graphs
exponential growth - log charts

bitcoin grows exponentially (at least it did until now, and it will probably continue to do so for a while), so to see patterns use log charts.

With short term charts it doesn't make as much of a difference.
legendary
Activity: 2842
Merit: 1511
May 18, 2014, 07:40:56 PM
#72
The more that people believe in the inviolability of these long term trends, the greater the destruction that will be wrought when they fail. People will be consternated, searching hopelessly for direction from a compass absent its magnetism.

no one claimed they are inviolable, that doesn't make them invalid though.

It's speculation for a reason, stop chanting "past results are no guarantee for future gains"we all know that, but this is the speculation section, if you don't like speculation don't go here.

The only way you can make an educated guess for what the future might bring is looking at the past. Otherwise you're just pulling up numbers out of your ass. Speculation is never scientific and no one claims it is.

Oh, I do like speculation, but even better is to observe the speculator. On this fragile line where they hang so many of their beliefs, I see an advantage, albeit not the advantage that you see or want to see.
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