Author

Topic: You shall not pass 27 (Read 2590 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 02, 2013, 06:30:43 AM
#16
Unless you really think we're going to see negative prices by 2015, stop drawing straight lines on a linear chart. Roll Eyes

The same old argument.
They are meant to be broken, but they work better than straight lines on a logarithmic chart.

BTW, it seems that the line we are currently at happens to show more resistance than I assumed. I wouldn't be surprised if we crash to 15.... That said I don't even think that it has any predictive power whatsoever, it is just that people come to similar conclusions (or follow the blue guy). This group behaviour then actually makes those charts become true.
The simpler the pattern is the more likely it is to be followed since more people will recognize it and act accordingly.
vip
Activity: 756
Merit: 503
February 01, 2013, 08:30:26 PM
#15

The official Bitcoin oracle.
legendary
Activity: 4536
Merit: 3188
Vile Vixen and Miss Bitcointalk 2021-2023
February 01, 2013, 08:22:38 PM
#14
Unless you really think we're going to see negative prices by 2015, stop drawing straight lines on a linear chart. Roll Eyes
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
February 01, 2013, 07:31:52 PM
#13
legendary
Activity: 1764
Merit: 1007
February 01, 2013, 06:25:22 PM
#12
guess he's a guy rich with screen pixels  Cheesy
legendary
Activity: 1904
Merit: 1002
February 01, 2013, 05:32:39 PM
#11


FTFY

width=800 is your friend, although your text is tiny
legendary
Activity: 2478
Merit: 1362
February 01, 2013, 10:07:22 AM
#10
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 01, 2013, 09:27:32 AM
#9
Amateur! Clearly we are headed for $20



+1 LOL!!!
legendary
Activity: 980
Merit: 1040
February 01, 2013, 08:59:44 AM
#8
Amateur! Clearly we are headed for $20

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 01, 2013, 08:37:35 AM
#7
Different market, traders and market cap and it was a hack that made the peak= no reason that this pattern from a year and a half should repeat!

The hack was after the peak, this is fully valid. (As valid as a non-backtested trading channel chart can be anyway)
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 01, 2013, 08:32:37 AM
#6
You might as well be reading tea leaves.

Yes, but tell that to the lemmings following the blue guy.

I did the same thing just less complicated. Wink
sr. member
Activity: 504
Merit: 250
February 01, 2013, 08:26:05 AM
#5
Different market, traders and market cap and it was a hack that made the peak= no reason that this pattern from a year and a half should repeat!
newbie
Activity: 43
Merit: 0
February 01, 2013, 08:23:02 AM
#4

interesting
hero member
Activity: 561
Merit: 500
February 01, 2013, 08:14:03 AM
#3
You might as well be reading tea leaves.
sr. member
Activity: 387
Merit: 250
February 01, 2013, 08:04:21 AM
#2
u must be trolling Huh Huh Huh
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 01, 2013, 07:11:13 AM
#1


just made this, what do you think?
last line of defence for the bears.
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