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Topic: Now might be a bad time for newbies to buy BTC - page 4. (Read 4336 times)

legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

What are you talking about?  Notice the question mark after 3x Decrease?  Its a speculation that perhaps for the year 2014 that bitcoin will not have increased.

I already explained. You drew your black vertical lines in the wrong place. Try again with the black vertical lines on September 1 of each year. Then read calculate the increase for each year and you will get a much more accurate number

I understand since sept 1, even this year it will have gone up... but we will see in the next 3 months...  i highly doubt it will go up for the entire 2014.
newbie
Activity: 22
Merit: 0
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

haha
+1
legendary
Activity: 3528
Merit: 4945
September 09, 2014, 12:40:32 PM
#9
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

What are you talking about?  Notice the question mark after 3x Decrease?  Its a speculation that perhaps for the year 2014 that bitcoin will not have increased.

I already explained. You drew your black vertical lines in the wrong place. Try again with the black vertical lines on September 1 of each year. Then read calculate the increase for each year and you will get a much more accurate number
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
September 09, 2014, 12:31:28 PM
#8
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

What are you talking about?  Notice the question mark after 3x Decrease?  Its a speculation that perhaps for the year 2014 that bitcoin will not have increased.

If I draw 3 lines and write "x2847 increase?", that would still be bullshit. Even with the question mark.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
September 09, 2014, 12:14:29 PM
#7
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

What are you talking about?  Notice the question mark after 3x Decrease?  Its a speculation that perhaps for the year 2014 that bitcoin will not have increased.
sr. member
Activity: 369
Merit: 250
September 09, 2014, 11:54:33 AM
#6
Bitcoins are best as a long term investment so buy them now. If they blow up tomorrow then you waited to long.
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
September 09, 2014, 11:41:56 AM
#5
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit
newbie
Activity: 14
Merit: 0
September 09, 2014, 11:36:19 AM
#4
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
legendary
Activity: 3528
Merit: 4945
September 09, 2014, 07:54:25 AM
#3
This is the 1st year in which BTC has gone down.  And a new trend might be setting in.

You are drawing your vertical black lines in the wrong place.

Try again, only this time draw your lines at September 1.

Then re-calculate your annual increase for the new ranges.

hero member
Activity: 976
Merit: 575
Cryptophile at large
September 09, 2014, 07:50:00 AM
#2
Looking at charts and making such predictions is futile as it's all speculation. Nobody can predict what the price will be today tomorrow or two years from now.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
September 09, 2014, 07:34:21 AM
#1
And it might be like that for years to come.  In fact, now might be a good time to short BTC.

This is the 1st year in which BTC has gone down.  And a new trend might be setting in.

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