I'm not shorting anymore - page 2. | Bitcointalksearch.org

yayayo

legendary

Activity: 1806

Merit: 1024

Quote from: AtomTom on May 15, 2014, 07:16:29 AM

Ah technical analyses. This one looks fun Tongue

So in general we have two completely different opinion based on same graph ?

I think in TA that is quite normal. TA can be good to identify extremes - when prices rise or fall with an extreme slope, but I would never base an investment decision on TA alone.

However based on observation of forum activity I would say that we reached the bottom. There's not much euphoria left. that's a good sign.

ya.ya.yo!

AtomTom

newbie

Activity: 11

Merit: 0

Ah technical analyses. This one looks fun Tongue

So in general we have two completely different opinion based on same graph ?

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: TERA on May 15, 2014, 07:07:36 AM

Now what I don't understand from OP is how he can make a linear connection between two different time eras which had a period of double exponential increase inbetween them.

Yes, these two lines I don't understand as well.

TERA

hero member

Activity: 728

Merit: 500

Quote from: piramida on May 15, 2014, 06:51:06 AM

Quote from: TERA on May 15, 2014, 06:03:28 AM

Quote from: piramida on May 15, 2014, 05:44:00 AM

Quote from: TERA on May 15, 2014, 05:27:24 AM

Actually bitcoin bulls would find this picture to be BEARISH because it implies that bitcoin is growing on a linear scale.

It does... Until the double-exponential rally happens, as it did 4 times now, and which should start soonish, as in early this summer. See if you notice any patterns on this logchart:

So you're saying that it grows linearly sometimes and then sudden it starts growing exponentially? I think that is false and that the growth is consistently exponential at some degree.

The graph says it all

It either linearly grows, or linearly declines, but then it does periods of double exponential growth (exponential on a log graph), which all adds up to a simple exponential growth trend.

Now what I don't understand from OP is how he can make a linear connection between two different time eras which had a period of double exponential increase inbetween them.

Ibian

legendary

Activity: 2268

Merit: 1278

The price grows in orders of magnitude, not percentage. That's the part that makes it so tricky for most of us, it's so unusual you don't think to look for it. But look at the chart.

The price rises sharply to some new high, then drops to somewhere above the old high, followed by a period of not much happening until it rises again. Assuming the pattern holds for a few more waves at least, it means that, for investors, anything below 1k is cheap and anything above 300 implies a healthy market.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: TERA on May 15, 2014, 06:03:28 AM

Quote from: piramida on May 15, 2014, 05:44:00 AM

Quote from: TERA on May 15, 2014, 05:27:24 AM

Actually bitcoin bulls would find this picture to be BEARISH because it implies that bitcoin is growing on a linear scale.

It does... Until the double-exponential rally happens, as it did 4 times now, and which should start soonish, as in early this summer. See if you notice any patterns on this logchart:

So you're saying that it grows linearly sometimes and then sudden it starts growing exponentially? I think that is false and that the growth is consistently exponential at some degree.

The graph says it all

It either linearly grows, or linearly declines, but then it does periods of double exponential growth (exponential on a log graph), which all adds up to a simple exponential growth trend.

TERA

hero member

Activity: 728

Merit: 500

Quote from: piramida on May 15, 2014, 05:44:00 AM

Quote from: TERA on May 15, 2014, 05:27:24 AM

Actually bitcoin bulls would find this picture to be BEARISH because it implies that bitcoin is growing on a linear scale.

It does... Until the double-exponential rally happens, as it did 4 times now, and which should start soonish, as in early this summer. See if you notice any patterns on this logchart:

So you're saying that it grows linearly sometimes and then sudden it starts growing exponentially? I think that is false and that the growth is consistently exponential at some degree.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: TERA on May 15, 2014, 05:27:24 AM

Actually bitcoin bulls would find this picture to be BEARISH because it implies that bitcoin is growing on a linear scale.

It does... Until the double-exponential rally happens, as it did 4 times now, and which should start soonish, as in early this summer. See if you notice any patterns on this logchart:

TERA

hero member

Activity: 728

Merit: 500

Quote from: nick32768 on May 15, 2014, 04:49:28 AM

I've found some interesting trends that could indicate a turn into the direction to which BTC is heading
The steady decline is now being replaced by a slow increase. I'll keep an eye on this, when value touch the new trending lines.

Nick.

Actually bitcoin bulls would find this picture to be BEARISH because it implies that bitcoin is growing on a linear scale.

Markos

member

Activity: 108

Merit: 10

I had in mind something else:

And the volume is dropping...replay of the end of January?

greco

newbie

Activity: 34

Merit: 0

Quote from: Markos on May 15, 2014, 05:13:56 AM

Big bear triangle on logarithmic scale on Chinese exchange Huobi is so much more important...

That's a linear scale on Bitstamp - lol.

Markos

member

Activity: 108

Merit: 10

Big bear triangle on logarithmic scale on Chinese exchange Huobi is so much more important...

nick32768

newbie

Activity: 42

Merit: 0

I've found some interesting trends that could indicate a turn into the direction to which BTC is heading
The steady decline is now being replaced by a slow increase. I'll keep an eye on this, when value touch the new trending lines.

Nick.

https://i.imgur.com/OXW3j1Y.png?1

Topic: I'm not shorting anymore - page 2. (Read 3018 times)