Quote from: eggran on December 19, 2013, 09:46:36 AM

Quote from: Draino on December 19, 2013, 09:31:02 AM

So where's the chart that predicted the Chinese selloff or the silk road closing or the Cyprus event? I have a hard time believing these charts are more than a complete waste of otherwise quality brain power

i'm looking longer term. all those events are very minor, economically speaking.

for example, the silk road publicity probably attracted more attention and will benefit btc more than the short term panic and price drop it caused.

that's kind of what i mean

i don't know of a chart that could have predicted the immediate sell-off and moonshot rally that followed
and if there was one, i want to meet whoever created it

i don't mean to discourage you, i'm sure there are lots of successful traders who follow charts
now that i think about it, i'm not a successful trader, so maybe i should start