Quote from: MatTheCat on May 12, 2014, 11:37:47 PM

Quote from: solarion on May 12, 2014, 11:29:07 PM

Technical analysis is crap. Throw some tea leaves on the floor and read them if you want insight, it's likely to be just as accurate.

Bitcoin would do well to dump a whole lot of speculators with 10 second attention spans, particularly if coins land in the hands of actual believers in crypto currencies.

LOL.

Depends on who is doing the TA, and how good they are with it, doesn't it?

No it does not, because you're likely to get several different responses from the same chart. None of which will properly account for human psychology or news.

Quote

n00b.

Not even a little. When I was young(and dumb) I *DID* believe that TA could predict with some measure of accuracy. It's hogwash...and btw so is the easter bunny.