Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 08/02/2018, 05:54:39 UTC

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I'd like to turn back with the not-so-few: what happened? This might help my future understanding of things.

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8-month cycles, give or take 6 months. The give or take bit itches, of course. Why these irregular durations? Is the school (of whales) free to choose a random moment, or are they looking for a "go ahead" hint from external reality? Which kind of hint/help would they welcome? The underlying question, of course, is: How can smaller creatures - human, tunas, herrings and minnows - see it coming?

Come on, d-eddie.  Snap the fuck out of it.

You seem to be giving way too much weight to TA and predictions that are based on science or some kind of supposed inevitability.   

Sure, once something happens, that particular something becomes 100%, but just because some folks predicted it to happen does not mean that they knew that it was going to happen or that the thing was inevitable to happen.. .because there could have been some monkey wrench that gets thrown into the situation that ends up totally fucking up the whole outcome....

Sure, we can give a certain amount of weight and credit to TA for helping us to sort out probabilities of one scenario versus another scenario, but in the end, these guys with the fucking charts are also pointing out probabilities of one scenario that they believe to be more likely than another scenario, but the smart (and genuine) ones are going to also acknowledge the various scenarios of the other direction too.. whether they assign the other direction 40% or 20% or cockily assign it only 10%....   

Furthermore, we also know that TAs are frequently wrong too, and you remember when a lot of the TA fucks were calling another leg down at $890 in early 2017... well that did not happen... and a lot of peeps lost money when they were relying on that specific TA and there are other situations as well, especially in bitcoin with our exponential curve going on that has fucked a lot of downside predictors over and over and over. 

So yeah, we can figure out ways to make more money by following TA (whether accumulating bitcoin or dollars), but we may end up losing money too if we make some bad bets while using TA and we don't play the upsides and the downsides of our bets in a reasonable kind of amount and ratios....

In other words, fuck those peeps who are claiming that they predicted anything and saying, I told you so, I told you so.  Fuck them. 

And, you want to know how I really feel?  hahahahaha