Topic: RALLY!!! - page 3. (Read 9815 times)
Wrong again. You can make "wrong" movies with wrong information and the market won't be less efficient. It does not take two to tango.
Your statement 'You can make "wrong" movies with wrong information and the market won't be less efficient' is not the same as my thesis that every bit of information must be known by opposing forces in order for the market to be efficient. If my condition is broken, then the sole party with the true information can use exactly the tactic you describe to break the efficiency. They purposely let the price deviate from it's true value in order to gather money from suckers. I'll give you that the break is temporary because they have to take profits at some point, so sure, all markets are "eventually" efficient.
They would have to know the info and know that no one else can get the info and use it to make money by being less greedy.
Time for a rally...
lol at the selloff...
Maybe you have a private definition of efficient, but it seems like you're arguing something else. At any given moment, a financial instrument's price takes into account all publicly available information, and if there is a large amount of insider trading, privately available. Prices change cannot be predicted by looking at historical price data.
Well I've given clear definitions for my claims. You however seem to only be able to argue against claims I'm not making. I never said anything about predicting future prices.
Maybe you have a private definition of efficient, but it seems like you're arguing something else. At any given moment, a financial instrument's price takes into account all publicly available information, and if there is a large amount of insider trading, privately available. Prices change cannot be predicted by looking at historical price data.
Wrong again. You can make "wrong" movies with wrong information and the market won't be less efficient. It does not take two to tango.
Your statement 'You can make "wrong" movies with wrong information and the market won't be less efficient' is not the same as my thesis that every bit of information must be known by opposing forces in order for the market to be efficient. If my condition is broken, then the sole party with the true information can use exactly the tactic you describe to break the efficiency. They purposely let the price deviate from it's true value in order to gather money from suckers. I'll give you that the break is temporary because they have to take profits at some point, so sure, all markets are "eventually" efficient.
Wrong again. You can make "wrong" movies with wrong information and the market won't be less efficient. It does not take two to tango.
No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
EMH is a bunch of crap due to asymmetrical knowledge and information.
No, but every piece of information has to meet a certain threshold of opposing parties who are aware of it for a market to be efficient.
No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
EMH is a bunch of crap due to asymmetrical knowledge and information.
No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
EMH is a bunch of crap due to asymmetrical knowledge and information.
Does anyone have data on selling when prices reach a new whole number in USD?
sry,
whole numbers are meaningless...
their is no magical indicator that will let you know when to sell or buy.
No shit, I understand EMH, but the bitcoin market is not efficient like "real" financial markets are.
i suggest you watch the "Wall Observer - MtGoxUSD wall movement tracker" for bold price movement prediction.
then again, that may not the best idea...
I've been predicting a "plunge". IMO we are looking at months of trading in the teens and then a slow down trend that will inevitably led to a less then spectacular crash to <10$ ...
good luck!
Does anyone have data on selling when prices reach a new whole number in USD?
sry,
whole numbers are meaningless...
their is no magical indicator, that will let you know when to sell or buy.
Yes there is, all you have to do is look into my crystal ball...
Does anyone have data on selling when prices reach a new whole number in USD?
sry,
whole numbers are meaningless...
their is no magical indicator that will let you know when to sell or buy.
Does anyone have data on selling when prices reach a new whole number in USD?
I'm patiently waiting for $15 to be the new floor.
why not buy now?
If I had any more fiat laying around I would buy more Bitcoins! I'm not waiting for $15 to buy, I just want it to hit $15.
Annnnnnnd...... CRASH!!
What? Where? We will be at $14 by the weekend.
Denial : is a defense mechanism postulated by Sigmund Freud, in which a person is faced with a fact that is too uncomfortable to accept and rejects it instead, insisting that it is not true despite what may be overwhelming evidence
THE TRUTH IS OUT THERE : X FILES
Do you guys who watch the market this closely use a lot of antacids? I would have ulcers if I kept up with movements of the market minute by minute!
Usually... I always have a couple of tabs opened on my browser watching the market. I glance at it throughout the day. Sometimes just once a day, other times it could be well over 50. Today has been about 20-30 times.Clawing our way back...
mybodyisready.jpg 
Clawing our way back...
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