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Topic: Today is gonna be madness! (Read 2990 times)

legendary
Activity: 1904
Merit: 1002
April 30, 2013, 01:25:16 AM
#23
Where was this madness that I was promised?  Huh

Words are cheaper than bitcoins mate, when you see some posts here you'd think all of them are prophets Smiley

I'm here for the profits Tongue.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
April 29, 2013, 11:30:40 PM
#22
Where was this madness that I was promised?  Huh

Words are cheaper than bitcoins mate, when you see some posts here you'd think all of them are prophets Smiley
full member
Activity: 182
Merit: 100
Finding Satoshi
April 29, 2013, 11:09:12 PM
#21
Where was this madness that I was promised?  Huh
legendary
Activity: 1904
Merit: 1002
April 29, 2013, 10:26:12 PM
#20
volumes have been extremely LOW.
$2 purchases swing the market a million dollars either way. strange

False

Buying Bitcoin
Amount to spend in USD: $2
Estimated purchase: ฿0.01474313
Slippage: ฿0.0000000

in fact, a million USD would get you ฿7228.77413498
Slippage: ฿136.08077738

and would only take us up $5

i wasn't referring to slippage necessarily.
i was referring to the .01/.02 orders that get executed either direction as a buy or sell just to get the price to change

Those only alter the difference between weighted moving averages (which neutralize such manipulation attempts) and other forms of moving average.  It's because bitcoin has so many inexperienced traders that it has any influence at all.
hero member
Activity: 546
Merit: 500
April 29, 2013, 02:39:19 PM
#19
seems to rise nice and steady today, which is good. $150 - $165 range doesn't seem to difficult by Wednesday if the buying trend continues.

yes, a slow and steady rise is best because people are less likely to panic sell thinking that it's a bubble.
sr. member
Activity: 308
Merit: 251
Giga
April 29, 2013, 02:31:45 PM
#18
seems to rise nice and steady today, which is good. $150 - $165 range doesn't seem to difficult by Wednesday if the buying trend continues.
hero member
Activity: 602
Merit: 500
April 29, 2013, 10:31:52 AM
#17
volumes have been extremely LOW.
$2 purchases swing the market a million dollars either way. strange

False

Buying Bitcoin
Amount to spend in USD: $2
Estimated purchase: ฿0.01474313
Slippage: ฿0.0000000

in fact, a million USD would get you ฿7228.77413498
Slippage: ฿136.08077738

and would only take us up $5

i wasn't referring to slippage necessarily.
i was referring to the .01/.02 orders that get executed either direction as a buy or sell just to get the price to change
full member
Activity: 194
Merit: 100
April 29, 2013, 05:13:44 AM
#16
Staring into my coffee grounds this morning tells me things will change today... Definitively change!
sr. member
Activity: 448
Merit: 250
this statement is false
April 29, 2013, 05:07:57 AM
#15
Eliot waves are a type of fractal analysis. it is analysis under the assumption that the price function exhibits self-similarity (like fractals).

Do you have reason to believe such self-similarity should exist and what it would look like?

yes, i've cataloged quite a few shapes, the ones for which i have the most evidence being triangle formations and bubble patterns. these patterns seem to exist on every scale and have common properties across these scales.

the above outline is based on a bubble pattern atop a trend that i found in May 2011 price data. while it is not as rigorous as other methods, i have already used a fractal model with great success to anticipate the shape of this most recent movement up from and back to $120. this is the second test.
sr. member
Activity: 441
Merit: 250
April 29, 2013, 05:02:02 AM
#14
Eliot waves are a type of fractal analysis. it is analysis under the assumption that the price function exhibits self-similarity (like fractals).

Do you have reason to believe such self-similarity should exist and what it would look like?
hero member
Activity: 841
Merit: 1000
April 29, 2013, 04:34:05 AM
#13
it's hard to say, but some fractal analysis suggests that we're going to see a quick rise to about the last high ($165), a sudden correction, and then consolidation in that range for at least the short-term.

--arepo
This was excact my thought on it, but my thought was just based on feelings.
legendary
Activity: 1904
Merit: 1002
April 29, 2013, 04:04:27 AM
#12
some fractal analysis suggests

Is there such a thing, or is it like astrological analysis?


“Millionaires don't use Astrology, billionaires do.”


― J.P. Morgan
sr. member
Activity: 448
Merit: 250
this statement is false
April 29, 2013, 04:00:45 AM
#11
some fractal analysis suggests

Is there such a thing, or is it like astrological analysis?

not sure anyone else uses that term, it's a method i've developed myself as an alternative to Elliot Waves.

Eliot waves are a type of fractal analysis. it is analysis under the assumption that the price function exhibits self-similarity (like fractals).
full member
Activity: 224
Merit: 100
April 29, 2013, 03:57:07 AM
#10
BOOM!!!
sr. member
Activity: 441
Merit: 250
April 29, 2013, 03:53:53 AM
#9
some fractal analysis suggests

Is there such a thing, or is it like astrological analysis?
legendary
Activity: 1904
Merit: 1002
April 29, 2013, 03:43:48 AM
#8
volumes have been extremely LOW.
$2 purchases swing the market a million dollars either way. strange

False

Buying Bitcoin
Amount to spend in USD: $2
Estimated purchase: ฿0.01474313
Slippage: ฿0.0000000

in fact, a million USD would get you ฿7228.77413498
Slippage: ฿136.08077738

and would only take us up $5
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
April 29, 2013, 03:29:57 AM
#7
Do you guys remember bitcoin?
hero member
Activity: 602
Merit: 500
April 29, 2013, 03:26:09 AM
#6
volumes have been extremely LOW.
$2 purchases swing the market a million dollars either way. strange
newbie
Activity: 27
Merit: 0
April 29, 2013, 02:54:50 AM
#5
Like I say, either way, I'm excited, just a damn shame bitstamp is down (all my coins are stuck there!)
hero member
Activity: 628
Merit: 500
April 29, 2013, 02:38:34 AM
#4
We are going back to reality, just pick the flavor of reality you like.
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