Bitcoin
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- drgs2
While stock prices follow some fundamentals/business information related to their issuing companies, for Bitcoin the price itself is information which it follows. Bitcoin bull runs/bear markets are positive feedback loops which amplify the trend even more, until full exhaustion.
- what about users? google facebook amazon all valued by user count.uan
- neverscared0
Remember Matt Damon called you all pussies for not buying Bitcoin at $64,000 in November
- https://twitter.com/…neverscared
- Save Matt Damon from McDonalds!grafician
- drgs2
Let's put this to the test: it goes down again and bounces from 29500.
- uan0
or it goes up again...
- Updated https://i.imgur.com/…
I used to think that long term fractals were the most accurate, because they include more info about the pastdrgs - But often they predictions would vary a lot. Even if you are looking at the closest possible match, it can still be a shitty one.
The key is to calculate somedrgs - kind of score and only look at fractals over a certain quality thresholddrgs
- i think it's random stuff. can't predict it...but because lots of traders look at charts coordinated by some statistical model...they tend to act in synchuan
- Updated https://i.imgur.com/…
- drgs5
- drgs0
- Up onlydrgs
- you ever trade on your projections? or just for fun? interesting to see what the % of being correct is.inteliboy
- Too lazy to backtest. I trade some alts for fun, corn is too boring...drgs
- thanks!uan
- stats is 100% accurate...when I don't look at the timeline nor the price, I ignore the numbers, just search for the patterns.uan
- However gloomy current PA looks, I keep getting this
https://i.imgur.com/…
https://i.imgur.com/…drgs
- shapesalad3
- Gojira points to $20K just sayin'
Gojira never wronggrafician
- Gojira points to $20K just sayin'
- Krassy2
why is it up now?
- because it was downmonospaced
- bitcoin is like the loch ness monster.. its mysterious.neverscared
- Stronger than expected US jobs report, the Fed tightening the fiscal policy, rates expected to be up to 0.5% in March...grafician
- Also Bitcoin is kinda correlated to the S&P 500 so when it crashed 5-7% in January Bitcoin crashed 40% and now slowly getting back upgrafician
- It's just early February, crypto bros are getting back to work after NYE parties.uan
- it went up when tom brady announced his retirementpinkfloyd
- jobs report. crypto moves with the stock market now.sarahfailin
- why not.shapesalad
- Layered Spoofing and Arbitrage Bots
https://i.insider.co…jonny_quest_lives - Don't be someone else's exit liquidity...jonny_quest_lives
- sted4
- AQUTE-4
- drgs0
Do you ever ask yourself: if the price is pumping so hard, what's up with all the dumping and crashing we did 1 month ago, do we suddenly regret all that?
- Same can be said about anything, eg facebook lost a fell B in valuation last week.shapesalad
- Stop looking at daily charts. Grab a piece, and check back in a few years.DRIFTMONKEY
- I didn't dump shit so regret nothinginteliboy
- it's to make graf and neverscared happy 3x each year.uan
- drgs0
->39k->50k? Discuss
https://www.tradingview.com/char…
- NBQ00-2
- drgs2
Somehow this fits into Apr-May 2018:
Just a funny coincidence
I still think it bounces from 39k
Discuss
- neverscared-1
Bitcoin miners revived a dying coal plant – then CO2 emissions soared
Critics say the enormous electricity consumption needed to sustain cryptocurrency is fueling the climate crisis and now threatens a partial resurrection of coal in the USEnvironmentalists in Montana called it the “death watch”. Following years of financial losses one of the handful of remaining coal-fired power plants in the state appeared doomed, its likely fate offering a small but noteworthy victory in the effort to avoid disastrous climate change. But then a bitcoin mining company stepped in to resurrect it.
https://www.theguardian.com/tech…
- dont look up...neverscared
- Lowest hanging fruit in the fight against climate change -- ban all cryptodrgs
- ...maybe this discussion is here to slow down the mining of the remaining bitcoins. maybe it was considered in the algorithm by the coder.uan
- not much fruit left soon if you are reckless with co2...neverscared
- drgs2
It sometimes feels like Bitcoin is shit-testing its investors, to see if they still want her...
- Gnash1
Clean your rooms bitbros!
- Didn’t know jp was a crypto dudeGnash
- he's a gambler too?Krassy
- Talking about the psychology of the game probably, gambling behaviour in crypto etc.grafician
- I can’t imagine how painful it would be to listen to his voice taking about blockchain and shitGnash
- LOLpalimpsest
- I'd love to here his views on legacy financial systems and Russian money laundering lolfadein11
- Why the fuck does he look so sad?pango
- because he is sad, watch his life story shitfadein11
- dont they have a better photo? he looks so defeated. too much light from below.pango
- celebrity endorsement for the evangelics
https://www.rollings…neverscared
