Topic: KNIFE IMMINENT - page 3. (Read 7039 times)
In that case, let’s see if you can call the low when it happens.
So did we move from pessimism to panic yet?
not until the real selling begins.
So did we move from pessimism to panic yet?
btw, i hope you can tell the difference between this stupidity:
...and actual chart-based technical analysis. price trends constitute only half of the information in the market...
...and actual chart-based technical analysis. price trends constitute only half of the information in the market...
If charts work, then why do people lose money in the stock market? Are they just not looking at the charts?
Maybe a contest is in order. People could present their theroies and each could fund a wallet with 1BTC. Trading with their respective systems we could see who profits the most after 3 months.
Maybe a contest is in order. People could present their theroies and each could fund a wallet with 1BTC. Trading with their respective systems we could see who profits the most after 3 months.
you hit the nail on the head. whenever i bring up my analysis here i get scoffed at. i doubt many traders look at the charts, or know how to read them. i have a B.S. in physics so i've had a lot of practice reading graphical data, and i love the relationship of the fundamental theorem of calculus with the way signals work; it's fascinating.
and as for a 'contest', i've been trading based on my own analysis of just the charts at bitcoincharts since october and i'm looking at 50% returns.
one of these days, ill make a post quoting all of my correct analyses and predictions. you guys can ignore me for now, it only hurts yourselves...
I don't understand your charting
knife gonna knife?
knife gonna knife?
see where the various functions (lines) crossover towards the negative? those are bearish signals, to put it simply.
If charts work, then why do people lose money in the stock market? Are they just not looking at the charts?
Maybe a contest is in order. People could present their theroies and each could fund a wallet with 1BTC. Trading with their respective systems we could see who profits the most after 3 months.
Maybe a contest is in order. People could present their theroies and each could fund a wallet with 1BTC. Trading with their respective systems we could see who profits the most after 3 months.
I don't understand your charting
knife gonna knife?
knife gonna knife?
The speculators in this section really need to do some soul searching, and find out why this project is special, instead of ZOMG GOTTA MAKE GREEN BACKS ASAP!
U jelly bro?Also, I prefer to make some Bitcoins.
i got out, this market is so insane i cannot find single reason to support it, i'll get back in when hits bottom
Yea lets face it..as hard as it may be to take...FIAT currency is safer atm than Bitcoin, which IMO is currently just a commodity to trade in to increase your FIAT balance and is no different to gold or silver.
The speculators in this section really need to do some soul searching, and find out why this project is special, instead of ZOMG GOTTA MAKE GREEN BACKS ASAP!
i got out, this market is so insane i cannot find single reason to support it, i'll get back in when hits bottom
Yea lets face it..as hard as it may be to take...FIAT currency is safer atm than Bitcoin, which IMO is currently just a commodity to trade in to increase your FIAT balance and is no different to gold or silver.
because our signal isn't continuous
Exactly, even if calculus was predictive, it can not be applied to discontinuous data. You can only apply it to projections of that data, and each projection has it's own biases.
calculus isnt predictive, it just describes how, for instance, crossovers can predict reversals. when the slope of a function is zero, at its maximum/minimum, the slope changes sign; in price terms, a reversal. if one were watching the function graph over time, as we watch the price function, if we were also keeping an eye on the derivative/point slope, we would be able to anticipate a reversal even among the noise of the market (stemming largely from the discontinuity of price data, as has been pointed out).
and your good points are why good traders don't just use one chart. they are all approximations and models. almost similar to predicting weather. when a whole bunch of signals agree, however, one should take note. rather like meteorology is awful for predicting daily weather, but we know the direction whereto our climate is going (global warming, &c).
i got out, this market is so insane i cannot find single reason to support it, i'll get back in when hits bottom
Yea lets face it..as hard as it may be to take...FIAT currency is safer atm than Bitcoin, which IMO is currently just a commodity to trade in to increase your FIAT balance and is no different to gold or silver.
i got out, this market is so insane i cannot find single reason to support it, i'll get back in when hits bottom
to the manipulator: enjoy your fucking greed, hopefully the rate will stay below for so long until you lose patience and sell for pennies on the dollar.
to the manipulator: enjoy your fucking greed, hopefully the rate will stay below for so long until you lose patience and sell for pennies on the dollar.
because our signal isn't continuous
Exactly, even if calculus was predictive, it can not be applied to discontinuous data. You can only apply it to projections of that data, and each projection has it's own biases.
please, think about calculus. one can predict when one function will reach a maximum (read: reversal) or minimum, by following the 'momentum' of a line, or function scalable to the derivative. a "zero-line crossover" of a derivative is an x-intercept, which tells you that the function is undergoing a 'reversal'.
Calculus has no predictive power. The pricing function's derivative will be ~ 0 at the maximum because right after the maximum the next value will be slightly smaller, so the adjacent difference will be negative, and we'll assume there was a 0 between the positive difference and the negative one (because our signal isn't continuous). This requires hindsight. You might see it approaching 0 and extrapolate that it will keep going that way, but then you're just making assumptions and the calculus is just a means to express them.
Even if we could spy one instant ahead, seeing a derivative of 0 tells us nothing about whether the next moment the derivative will be -1000.
All these technical indicators can do is smoothly model assumptions about future market behavior based on (a very restricted view of) past behavior. Whether they work or not is another question, but if they do, it's because the model's assumptions were correct, not because of calculus.
When will people learn that (we) are the manipulators?
+1
there are big players, but the mass movement of medium players still has a trending effect.
sr. member
Activity: 266
Merit: 250
The king and the pawn go in the same box @ endgame
When will people learn that (we) are the manipulators?
this shit is crap. shove it.
hihi...
to OP:
I was making a joke. Hence the
As cunicula put so eloquently... it is ludacrous to try and use quantitative/technical analysis in such a thinly traded and highly manipulated market with high intervention tendency. And dude, believe me, I know charts and how much they tend to say shit about what is going to happen at later on to be dubbed 'black swan events'. A chart is a chart, the rest is what you read into it.
Also, I'm basically the guy that says bitcoins are overpriced because manipulator ruins both price stability and attraction of more investors. So yeah...
i am familiar with black swan events. that would be equivalent to me attempting to predict the big, obviously manipulated price movements. i am merely predicting/noting the trend. there is still a trend regardless, and charts [read GRAPHS] are good visual representations of the price and volume.
please, think about calculus. one can predict when one function will reach a maximum (read: reversal) or minimum, by following the 'momentum' of a line, or function scalable to the derivative. a "zero-line crossover" of a derivative is an x-intercept, which tells you that the function is undergoing a 'reversal'.
(EDIT: for instance, this is the exact relationship between the Accumulation/Distribution Line, an indicator based solely on price and volume, and the Chaikin Oscillator, which measures the ACC/DIS Line's 'momentum')
so no, this was no black swan event. i predicted not that massive, manipulated movement, but noted the beginning of a reversal at the end of the bubble to 7.20, and sold at 6.85.
this shit is crap. shove it.
hihi...
to OP:
I was making a joke. Hence the
As cunicula put so eloquently... it is ludacrous to try and use quantitative/technical analysis in such a thinly traded and highly manipulated market with high intervention tendency. And dude, believe me, I know charts and how much they tend to say shit about what is going to happen at later on to be dubbed 'black swan events'. A chart is a chart, the rest is what you read into it - all the more so at a commodity with no actual underlying value.
Also, I'm basically the guy that says bitcoins are overpriced because manipulator ruins both price stability and attraction of more investors. So yeah...
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