Quote from: JayJuanGee on March 27, 2014, 06:23:26 PM

Quote from: Zapffe on March 27, 2014, 06:12:52 PM

Quote from: oda.krell on March 27, 2014, 05:35:06 PM

Quote from: Zapffe on March 27, 2014, 05:29:15 PM

Quote from: oda.krell on March 27, 2014, 04:37:04 PM

Quote from: Zapffe on March 27, 2014, 04:34:43 PM

Quote from: oda.krell on March 27, 2014, 04:29:18 PM

So... we finally looking into the bigger triangle yet for support?

[...]

Quickly, draw more lines... draw also ones that point up.. that will surely make the price rise! This has been the general sentiment in this forum, so it has to work!

That's a fancy way of saying you don't understand my chart, or which conclusions you should draw from it.

That's me saying that your charts are meaningless. Start creating charts in a way, that they could predict the right outcome at least 50% of the time, and there would be some meaning.
It may be a shock to you but drawing lines from the bottoms and tops at bitcoinwisdom isn't exactly an advanced method of prediction, that would be hard to understand to anyone. It's just a way for some people to rationalize their gambling habits, so they could call their gambling as "investing" to girlfriend and friends.

Jup, suspected that much. And because you don't draw those silly little charts you're posting one bitter comment after another, because you either missed the train, or jumped off too early, or whatever pathetic trading decisions you made in the past, while I can afford to look at the price in a more, hm, relaxed way. But good luck with your approach, whatever it is.

I got in at 200, sold at around 1030, bought couple of times since, once with zero outcome and other time a 6% profit from a strong pump. So, stop trying to justify yourself by trying to fantasize about me. Trading is not about drawing lines but about knowing the nature of the entire market, it's product or service and it's development. You can only use previous trends if the environment is the same as it was during that previous trend. If you think that BTC is the same as it was during the days of "internet play money that can be used to buy drugs", then you are an absolute fool, who can't even understand things that should be considered as common sense
But keep going, keep drawing your little lines at bitcoinwisdom and fantasize that this makes you a knowledgeable trader. It's funny how the line drawers are wrong more then right, but they are constantly speaking like they are earning profit. The mystery or life... Reminds me of the movie "Freddy got fingered" where Tom Green started to show random graphs and presented himself as an stockbroker.

Definitely, I have difficulties understanding how much weight to give to various lines; however, this is the speculation thread. Therefore, it is much more valuable to see various contributions and speculations that are based on some concepts.. rather than some rant that denigrates other contributions for NO apparent reason... except maybe Zapffe, you feel good to be able to denigrate others on some quasi-anonymous forum? that shows more about your lack of character, rather than showing that line drawing is meaningless (which I believe was the other point you were attempting to make... .. )

What I'm saying is that these bitcoinwisdom line drawing attempts aren't trustworthy speculations. It wouldn't be worth of mentioning when the majority of the forum wouldn't consider them as trustworthy. When MtGox crashed, then the majority thought that we are back on an uptrend just because couple of reputable baffoons drawed couple of lines, that "proved" this. If the market were smarter, then everyone would earn more money. This unstable market that is lead by chaotic desperation and illusions, isn't very attractive any more, and I really want it to be attractive! So smarten up ffs and stop drawing lines and start concentrating at the general nature of the market.