Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
cbeast
on 14/01/2015, 09:21:37 UTC
For the people lamenting how horrible the fall of the long term log trendline is, and how that's never happened before, here's a blast from the past (in two ways Cheesy):
A multi-year long term trend line break. No, it never happened before.
Bro, do you even fractals?

Edit: Actually, that trendline of mine is multi year too. 2 years.
Mtgox trend line: End of 2010 - end of 2011.  --> 1 year.


Stamp trend line: End 2011 - beginning of 2015 --> 3 years



I wouldn't talk about fractals for long term trend line, when the actual lenght matters.
Yet the length doesn't matter. The underlying principle is the same. Let's agree to disagree.
He doesn't seem to know the definition of a fractal. No dimensions matter.