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Topic: The BIG picture, Price Prediction Chart. - page 2. (Read 12077 times)

g4c
member
Activity: 98
Merit: 10
Below is a logarithmic chart of Bitcoin price history (Bitstamp USD).


A dude on 4chan wants to know how you made this.

i don't know how to find the question on 4chan, but...

[1]screengrab this chart
http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzl

[2]crop and invert in photoshop

[3]draw channel and pennants with photoshop
hero member
Activity: 634
Merit: 500
Below is a logarithmic chart of Bitcoin price history (Bitstamp USD).


A dude on 4chan wants to know how you made this.
g4c
member
Activity: 98
Merit: 10
a composite of mtgox early days and bitstamp for later days would be great.

Use the data of the bitcoinaverage.com API. they use the gox data until they started tracking the price. Smiley

I am still loking for data before the start of gox. Already found some. When my dataset is as complete as possible, I will post a file somewhere on the forum Smiley

Great, sounds like a must-have data set!
legendary
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
a composite of mtgox early days and bitstamp for later days would be great.

Use the data of the bitcoinaverage.com API. they use the gox data until they started tracking the price. Smiley

I am still loking for data before the start of gox. Already found some. When my dataset is as complete as possible, I will post a file somewhere on the forum Smiley
g4c
member
Activity: 98
Merit: 10
...
yeah, as a noob I see a bullish pennant in igorr`s Chart.
 right ? g4c ?

anyway, igorr is a doom-prophet,as always

Yes, it's an important pattern and you are right to see it.



hero member
Activity: 602
Merit: 500
Just go to https://www.tradingview.com and enable indicator Linear regresion, and you have this picture.



Buy Igorr, my dear chap,

you are only considering 4 months worth of data.

newsflash: bitcoin price chart goes back a little further than that.

every rise and pennant has followed a similar pattern.

furthermore: i challenge you to find any other 2 year old chart that will stay within a logarithmic channel.



yeah, as a noob I see a bullish tennant in igorr`s Chart.
 right ? g4c ?
anyway, igorr is a doom-prophet,as always
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper


Wow, looks like I will be able to buy more at $100/BTC in July. I can't wait.

Looks can be deceiving. lol let's see if you can but REAL btc at $100 on exchanges and not MTGOXBTC.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
new ATH by end of July 2014!
g4c
member
Activity: 98
Merit: 10


Wow, looks like I will be able to buy more at $100/BTC in July. I can't wait.

Indeed Cheesy,

Using igorr's "analysis" you should probably wait for August and get it for free.

Better still: wait for September and get paid to receive Bitcoin!
hero member
Activity: 528
Merit: 527


Wow, looks like I will be able to buy more at $100/BTC in July. I can't wait.
g4c
member
Activity: 98
Merit: 10
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops Wink
Your chart will set the demons away a bit for sure Smiley


Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise Cheesy

I think the percentage of traders intentionally trying to drive down the price, so they can buy back at a cheaper price, is small. I'd attribute the tail end dips more to just plain old human psychology.

I agree the majority of traders don't actively broadcast information to manipulate. The majority receive and process information.

But there are a few that attempt to manipulate the market psychology in order to gain. I have noticed this manipulation increases at the tail end of corrections and flips over after the rise begins.

I have not gathered data to support this, but I can honestly say that I have "noticed" it.

I think we might see, within two months, many players (mainstream media included) go volt face and start the talk up. Of course this will occur after they have bought in.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops Wink
Your chart will set the demons away a bit for sure Smiley


Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise Cheesy

I think the percentage of traders intentionally trying to drive down the price, so they can buy back at a cheaper price, is small. I'd attribute the tail end dips more to just plain old human psychology.
It's a big game of chicken. Wait to see who blinks.
hero member
Activity: 707
Merit: 500
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops Wink
Your chart will set the demons away a bit for sure Smiley


Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise Cheesy

I think the percentage of traders intentionally trying to drive down the price, so they can buy back at a cheaper price, is small. I'd attribute the tail end dips more to just plain old human psychology.
g4c
member
Activity: 98
Merit: 10
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops Wink
Your chart will set the demons away a bit for sure Smiley


Thanks roslinpl,

Yes, the identical pattern of cynical behaviour has also happened at the tail end of all previous corrections. I attribute it to people attempting to drive down the price before buying in.

In fact I find it reassuring that they act the same this time, if they didn't I would be slightly spooked, thinking there was something different about this cycle. But no they act exactly the same, the pattern seems the same, all is in alignment for the next rise Cheesy
legendary
Activity: 2212
Merit: 1199
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes

You're welcome, glad you like it.

I like it a lot too! Looking very very optimistic.
Those "sellsellsell" panic makers are just typical in days of drops Wink
Your chart will set the demons away a bit for sure Smiley
g4c
member
Activity: 98
Merit: 10
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes

You're welcome, glad you like it.
g4c
member
Activity: 98
Merit: 10



This is looking good IMO too Smiley

Skyrocket is almost ready to launch Smiley

Have you fasten your seatbelt? Smiley

We are going to the moon! Cheesy soon ...

Yes, it does appear that way when you take an overview of all data available Smiley
legendary
Activity: 2212
Merit: 1199



This is looking good IMO too Smiley

Skyrocket is almost ready to launch Smiley

Have you fasten your seatbelt? Smiley

We are going to the moon! Cheesy soon ...
hero member
Activity: 707
Merit: 500
Thanks for the logarithmic chart, g4c - been looking for it. Made it my desktop background to chase those sell sell sell demons away  Roll Eyes
g4c
member
Activity: 98
Merit: 10

I did, and i do not agree with it.

P.S.
I added your name to my web page, see if you can find it Wink

http://www.ledset.com/cortex7/index.htm

So to back up my standing I can honestly tell you that I have written a "professional charting application"

Can you say the same Igorr... Can you?

Oh it also was written for PocketPC back in the day:

http://www.ledset.com/pocketcharts/index.htm

PWNED!
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