Quote from: Beliathon on September 05, 2014, 08:35:38 AM

Quote from: beetcoin on September 05, 2014, 01:45:06 AM

...we'd have to compare prices on january 1 to whatever it'll be on december 31. if i recall correctly, we started the year out in the 900's.

Yes, we can all agree how important it is to evaluate Bitcoin's performance by selecting the correct arbitrary start and end dates, which should naturally be based on the position of the earth on its revolution around the sun.

After all, one should always measure new technologies like Bitcoin by finding the oldest and least relevant technology one can think of, and applying it without thought or reason.

/sarcasm

Really, guys? I expect more intelligence from my fellow Bitcoiners. You disappoint me.

Forget the dates. Dates don't matter - study the patterns.

I dislike the 'you are here' charts. The reality is that no one knows what is going to happen. While there are some patterns, they never lead to accurate predictions. And more often than not, patterns and TA is manipulated to support a trader's pre-determined mindset.

Having said that, I remain bullish for the rest of this year