Topic: Interesting Price Cycle (Read 775 times)

there are definitely reasons to hold at least a percentage of your total BTC worth

I think it is not controlled by them but many people are saying same things even many countries have involved in bitcoin, there are many people who hold bitcoin and still they are not selling bitcoin for their future growth in the bitcoin.

wow, so many people just sent me a PM asking how to quote two different people in the same reply, lol.  the easiest way for those that have issues and the way that i always answer threads is a new tab.  so, here is an easy method to quote two people separately.

1. right click "quote" on each person and click, "open in a new tab" for both.

2. now you have two "post reply" new tabs open.  go to one and copy the quote block, then paste it under the quote block in the other tab and post as usual.


these are pretty straight forward codes for forum posting.  if you have issues it is possible that your rank is too low, otherwise play with the tinymce buttons, the standard anchoring system is everywhere.

[] then close with [/]

the first set of brackets will have a tag, such as "quote" and the second will close with a slash and the same tag.

for example typing "[qote]" without the quotation marks and spelled correctly will start a quote block and typing "[/qote]" at the end will close that block, all important info regarding the quote is included inside the first brackets.....have fun

yeah, data collection is a bitch, but the great thing about crypto is the fact that we do have an open and easily accessed blockchain.  i am just waiting a bit for the price jump freaks and tweaks to settle out and looking into the data more closely with a calmer market

Analysis is good, it can help you to make some decisions but very often it's heard to find relevant data for analysis that would make it more relevant and less subjective. Often we then make conclusions that suite us but which are not necessary true and could leed you to the wrong way.
By the way I don't think that days in week realy matter.

Nice observation but it is very subjective, there was a time I was thinking the days of the week have impact on the price bitcoin, when I started collecting the data, I later found out I was absolutely wrong. If you can collect some data and run the analysis to prove our claim it will be good

This happened often not only in bitcoin market but also in forex market. Around 2011 it happened in usd/gbp were at usa opening the market will always go long or buying and at Uk open the market will be selling or shorting. I always believed that there are a lot of manipulation in the market but the trading patterns will always repeat itself and we should always look for those patterns.

i never blamed anyone, i love the fact that most of these guys are mindless cows following any crumb of non-knowledge to their death, it eliminates the stupid from the system and makes things highly and easily predicted.

You can't blame on them mate. It's a regular day for them. Some of them are trying to manipulate but the quantity of that is less than very little. 

i will take a look, but that sounds a bit like one of those rumors that picks up enough speed that everyone jumps on board, but is actually based on very little

The Bitcoin price has no connection with Asian time zone the down trade is causing because chines manipulation. So you should research chines Bitcoin exchanges to predict Bitcoin price trend. Everyone know chines controlling Bitcoin.   

It is interesting what I have seen over the past couple days.  I just might take a look deeper in the past when there have been major price fluctuations in BTC.  I am sure that this is either a complete coincidence or has to do with the demographics.  I live in the eastern United States and I went to bed last "night" at about 4 AM.  I am not sure about that particular time, but the earlier morning hours saw the highest prices of the day it seemed.  Now, four to five hours later, it is at the lowest.  This seemed to be also be true of yesterday, although I did not look specifically I do know that the passing daylight hours here showed the increase.

If this is keyed into the demographics it would be concerning the countries that are trading and how they are trading OR the people that are trading at certain hours of the day.  For example, going by the above stated trends(not tested or researched at all), it would seem that the daylight business hours for the USA and other time zones in that area show a buy trend, raising the price as the day goes on and then stabilizing after business hours.  Then, as the Asian countries hit daylight, the selling starts and continues with Europe, bringing the price back down.  Again, this is a high level of speculation based upon a simple two second observation.

Taking one region by itself, such as the USA.  The daylight hour traders buy and the wee morning people sell, causing these trends. 

It may be something to watch a little as time passes, might have just been two similar days.  But, if there is any validity to this, then the key would be, for a place like the USA, to buy in the morning, like right now, and then sell in the evening.  Other time zones would have to shift this as needed.  Lets see what the next 24 hours brings.