Quote from: AJS_ on April 13, 2013, 01:22:14 PM

Quote from: thoughtfan on April 13, 2013, 12:22:59 PM

So I would venture to suggest 'bring[ing] this back into peoples heads' is not helpful seeing as it has as far as I can see nothing useful to add to the discussion other than responses illustrating the multitude of reasons why it is so useless when comparing to usd/btc charts.

I have to say that you, judging your response, seem to have at this point a better understanding/ability to critique said charts. I agree with most of that you have to say with regard to the usefulness of the said chart, as I mentioned in one of the prior posts I was simply judging it from a quasi-aesthetic stance. Seeing similar patterns etc. I have to say if everyone put as much thought into stuff they post onto here as you did then this would be infinitely more educating than it is at times.

Quote from: Zomdifros on April 13, 2013, 12:31:16 PM

...

Looking at these charts trying to predict the future is wasted energy. You could as well open a fortune cookie to see what the price is going to do.

I couldnt agree with you more, but as humans we are trained to see patterns in (all) things. This is the speculation thread though so if we are gonna be using fortune cookies anywhere then no better place than here. But to reiterate you are right it is somewhat useless, which also lead to me not directly giving a definitive answer in relation to the 'where are we now on there' question.

Thanks for your compliment

Please don't think I am an authority on charts etc. I'm part going by what I've learned from others here, part putting apparently disparate facts and observations together and part making shit up that I don't really know anything about Cheesy