Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33635. (Read 26496189 times)
May 08, 2013, 09:14:10 PM
I purposely only nap for 4 hours and the price dropped $5 =.='
May 08, 2013, 09:13:56 PM
As the old saying says:
Quote
Disregard emotions, acquire BTCs.
Oh. My. Gawd.
Did you print this? Do you have the model?
May 08, 2013, 09:10:34 PM
It's usually drawn as a triangle. But as someone with a physics background, I see it like this:
Right. But an alteration is required to reflect markets being different from analogue wave-forms. The Y-axis can't go below zero, so the quiescent state is at some positive value. For Bitcoin, during the first oscillation it was $115.34, the 2nd it was $114.66 and the last it is $110.36 (as it changes with time).
Sure. But the zero just means displacement from the mean. A car's suspension is a damped oscillation but that doesn't mean it goes through the road when you run over a squirrel.
May 08, 2013, 09:09:05 PM
As the old saying says:
Quote
Disregard emotions, acquire BTCs.
May 08, 2013, 09:08:30 PM
Looks like a definite change of trend. Give a few more hours to confirm direction. More volume on the downside would also be expected if this is a major move.
May 08, 2013, 09:08:21 PM
Time to sell little Goomboos 
May 08, 2013, 09:07:39 PM
May 08, 2013, 09:04:32 PM
Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?
Do it... and then together we buy 500!!
I'm so tempted. I am watching the orders right now.
May 08, 2013, 09:03:09 PM
If I sell now, you can guarantee the drop will stop. Immediately.
Buy and sell with a plan. Your emotions will f*ck you over. Royally.
if you learn one thing from speculation...THIS ^ should be it.
Take emotion out of it.
May 08, 2013, 08:56:38 PM
Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?
Do it... and then together we buy 500!!
May 08, 2013, 08:56:14 PM
Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?
Scratch that buys are coming in strong for 109
May 08, 2013, 08:56:05 PM
It's usually drawn as a triangle. But as someone with a physics background, I see it like this:
Right. But an alteration is required to reflect markets being different from analogue wave-forms. The Y-axis can't go below zero, so the quiescent state is at some positive value. For Bitcoin, during the first oscillation it was $115.34, the 2nd it was $114.66 and the last it is $110.36 (as it changes with time).
May 08, 2013, 08:55:09 PM
Looks like if I dropped 126 coins on gox right now I could bring the price to 108 and make 1 BTC. I wonder how many times I could do that right now? 3-4? Thoughts?
May 08, 2013, 08:52:46 PM
As the old saying says:
Quote
Disregard emotions, acquire BTCs.
May 08, 2013, 08:49:19 PM
If I sell now, you can guarantee the drop will stop. Immediately.
Buy and sell with a plan. Your emotions will f*ck you over. Royally.
May 08, 2013, 08:48:15 PM
Isn't this assuming the price is going down?
I was going to put a low of $200.16. Maybe I didn't read the question right. :p
It is whatever you think the low will be. If you are reptilia you will post $300,000
Pfft. We won't ever see below 320,000 again!
May 08, 2013, 08:46:03 PM
More TA bullshit then, for the interested:
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle
Quote
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:symmetrical_triangle
It's usually drawn as a triangle. But as someone with a physics background, I see it like this:
May 08, 2013, 08:44:17 PM
Is http://bitcoin.clarkmoody.com/ bugging out for anyone else?
there is a lag
May 08, 2013, 08:43:23 PM
Is http://bitcoin.clarkmoody.com/ bugging out for anyone else?
May 08, 2013, 08:42:31 PM
You guys and gals are driving like this:
The excitement was in the past. That triangle completion will be a big "ho hum".
The excitement was in the past. That triangle completion will be a big "ho hum".
This is all TA bullsh*t in a nutshell.
I agree. But I just though Coinageddon!!! (Now with added exclamations) would be a bit of a larf (innit?)
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