Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27379. (Read 26708928 times)
June 02, 2014, 08:00:28 PM
June 02, 2014, 07:55:24 PM
There is no way the log trend is going to hold. I'm predicting a relatively slower growth rate (with wide variance - but definitely below 1000%/year).
It will only grow exponentially until the adoption s-curve becomes vertical.
That's probably still years away.
June 02, 2014, 07:54:46 PM
Quick poll: Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?
Me and I'm pretty much all-in (not a huge position - but the majority of my liquid assets).
There is no way the log trend is going to hold. I'm predicting a relatively slower growth rate (with wide variance - but definitely below 1000%/year).
That would fly in the face of almost all adoption patterns for new technologies that take hold.
Obviously much depends on whether it does take hold, and where we are now on the adoption curve. I wouldn't want to call that.
You may have a peaceful life for a good while yet or have your hair blown off in less time than you expect.
June 02, 2014, 07:51:16 PM
Wow. Risto sure has charisma.
I can't think of any other poster who garners so much gossip and personal attention.
No wonder he's not lacking in self esteem.
I can't think of any other poster who garners so much gossip and personal attention.
No wonder he's not lacking in self esteem.
Jorge, Goat in his day, BJA when active. It tends to be pettier with Risto, I think. He's actually pretty inoffensive, and rather clever, generally a helpful man of good-will and a contributor to the community. Certainly observing his fate has convinced me to maintain pseudonymity while feasible. For some reason, although I think less flush than Goat, Risto seems to focus all the jelly. Perhaps because he started another thread to get away from the nastiness on this one, the nasty types think he's putting on airs. Amusingly, Goat actually started another forum site to get away from this trash. The signal/noise ratio there is vastly better. But it's not an external face of bitcoin, so I see value in posting here, where google is likely to take novices.
+1 on all of that.
Who is BJA?
June 02, 2014, 07:49:49 PM
the moon is far away...
I guess you could ask how far:
http://www.youtube.com/watch?v=UOzB7I2y7Ic&feature=kp
Or simply enjoy the ride:
http://www.youtube.com/watch?v=qtFBRJFN3p8
June 02, 2014, 07:46:16 PM
Quick poll: Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?
Me and I'm pretty much all-in (not a huge position - but the majority of my liquid assets).
There is no way the log trend is going to hold. I'm predicting a relatively slower growth rate (with wide variance - but definitely below 1000%/year).
man I hope you're right.
slow and steady, just stay under the radar for as long as possible.
June 02, 2014, 07:44:46 PM
Quick poll: Is there anyone here except MatTheCat, Jorge, Igorr who does not consider the log trendline to be indicative of future performance, and the price action of the past month or two to be reversion to the trendline?
Me and I'm pretty much all-in (not a huge position - but the majority of my liquid assets).
There is no way the log trend is going to hold. I'm predicting a relatively slower growth rate (with wide variance - but definitely below 1000%/year).
June 02, 2014, 07:43:49 PM
the moon is far away...
June 02, 2014, 07:41:53 PM
Moon? 700?
Hello?
Hello?
June 02, 2014, 07:33:21 PM
Thus, anyone who does not consider the log trendline indicative of probable future pricing is a fringe extremist.
If you define "fringe extremist" as "someone who should not be reading or posting to this thread": yes. 
June 02, 2014, 07:31:20 PM
Log trendline is the null hypothesis on this joint. Past performance blah blah blah is regurgitated generic pedantic crap. For the first time in human history we have an asset that follows self-reinforcing network effect growth, where the fundamentals themselves mathematically scream logistic function, yet somehow a logarithmic growth curve until saturation is supposed to be controversial? That's preposterous.
June 02, 2014, 07:29:27 PM
stamp inaccessible from here atm (UK - mobile net also)
yea same here. For some time already
Tried with TOR or a VPN? Loading with no hesitation here in Ireland.
good call.
fine on VPN (france fine, but strangely not loading on swiss vpn). prob something to do with incapsula i guess
June 02, 2014, 07:26:19 PM
June 02, 2014, 07:25:15 PM
We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.
WAT DOES IT MEAN
Why so bearish? Just in case...
The empty space is for handle to fit nicely
June 02, 2014, 07:23:15 PM
stamp inaccessible from here atm (UK - mobile net also)
yea same here. For some time already
June 02, 2014, 07:22:53 PM
stamp inaccessible from here atm (UK - mobile net also)
June 02, 2014, 07:22:29 PM
We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.
WAT DOES IT MEAN
no time to explain get in! it means moon!
HAHAHAHAH best conversation on this thread since some time
June 02, 2014, 07:22:16 PM
Bitstamp 666. Uhoh
June 02, 2014, 07:20:33 PM
We're building one nice rounded bottom or potential coup and handle here. Just in time for July rally.
WAT DOES IT MEAN
Why so bearish? Just in case...
June 02, 2014, 07:20:16 PM
It looks like we're building cup and handle on a lower (1h) frame too) right now.
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