RE: Moving to hive
What he was doing is simply a form of esoteric nonsense applied to crypto currency. Very much like to astrological card readings, overrated garbage! I am a new comer and I can pretty much predict the outcome of any coins by way of analyzing its white paper, the people involved, PR, history, and proof of concepts.
It does not take a genius to understand this business. Nothing rocket science FYI. Buy when it's green, sell when it's red. But you need plenty of money to do that, simple as that.
That guy is the equivalent of Deepak Chopra in cryptocurrency. Spouting pseudoscientific nonsense by using obfuscated language just to sound scientific. People beware: religion has infiltrated into the cryptocurrency realm and the unwitting readers can easily fall prey.
If you agree that psychology isn't completely random and/or agree that self-fulfilling prophecy, by way of a sufficient volume of people basing their investment decisions on a similar belief (in this case: price pattern or "signal"), is something that can, and sometimes does happen, then you can't completely reject the claim that there is real value in analyzing chart patterns.
Hardly anything in this world is black or white, as much as the purely rational minded would prefer it not to be so. Regarding empirical based knowledge, at best, we can rate things (hypothesis or what-have-you) along a "spectrum of proof" and nothing has ever, or will ever, hit either extreme (if only because we can't prove that we even exist in the first place).
You're painting technical analysis (TA) as if it's pure black (provably bogus), but, statistically speaking, there ARE relatively strong correlations within the practice of TA that demonstrate statistical significance in predicting future price performance (compared to randomly assigning a guess as to whether price will move up or down), so, if anything, it's more on the white side of the spectrum, if not high up that spectrum.
If you haven't read @netuoso version of technical analysis yet, you should check it out now. It's the most solid interpretation I have read in years. You can find it HERE.
i often check heajin posts and astrology charts.
both are accurate.
Nah, those are nothing. Check out this new analysis. I will create my own analysis too in the next few days. Watch me I'm gonna use Quantum Entanglement in predicting the charts. Yeah, many charts going to the moon.
It's clear to me that you're either biased or ignorant on this topic.
At first glance, TA might look like a lot of attempts at practicing voodoo on price or simply letting one's own inner child out to play around with crayons on a price chart, but I assure you there's ample data to prove to a high degree of certainty (as the sample pool is rather large at this point in time) that it's not all bogus.
There are favorable odds attached to trading certain re-occurring patterns within the markets (eg "ascending triangles", "falling wedges", etc), when using their traditional trading rules. They only work out to somewhere between 55 and 60% favorable, but that is actually quite significant when compared to simply tossing a coin and choosing whether to take a trade or not based on the outcome.
Theories as to why these patterns play out? They're abound. It seems reasonable to me that human psychology isn't completely random. Assuming that's true, humans can't react randomly to price -- there should be at least a little bit of predictability in how each individual and, therefore, the market, reacts to any given set of circumstances. If that's true, then real patterns will play out based on their reactions. That's what we see when we analyze price charts.
Yep, you know I've been masturbating on this stuff daily using many porn charts. And I found out that Steem price will either go up or go down. That's for sure!
What model you use in pre-dick-ting the market? Personally I am using the Entanglement and Quantum Superposition at the Edge of Time to predict market ejaculation. I already made 6 figures and tons of loyal followers using my G-Spot technique.
It's proven by science you know, this is technically mathematical because everything is already written in the Tesseract at the 5th dimension.
OK buy me some beers my BTC wallet bellow, cheers!
17nDpPrmYgvZug8hMZoYx6c8VVSmQ2mkQu
You're a funny guy @introvertspeaks, but you're a lousy troll ;)
I guess it comes down to one simple concept here: you have one opinion, I another.
Best of luck to you.
Lol, thanx for the beer. Cheers!
Ah, so now @berniesanders set up an army of bots, to attack everyone who disagrees with him. What a cute little troll he is. I was about to leave, but not anymore. I refuse to allow a depressed and disgruntled brat making me leave.
Protecting the platform? No, he's not. @berniesanders is turning SteemIt into 4Chan.
This user made an incredible post about it, without ever sinking down to their level. They attacked that, as well, thus proving they are not interested in contributing to this community, but only in tearing it apart:
https://steemit.com/whales/@taskmaster4450/whales-and-others-their-behavior-on-full-display
And they claim to be protecting the platform. What a joke. They're destroying SteemIt out of spite.
The list of users they're attacking out of spite and jealously is bigger than the phone book. And of course, you already know about @haejin, the original victim. The rest of us are being attacked merely for defending his work on this platform. That how low these babies sank.
The rest of the novel is here:
Bullies on SteemIt - Part 1
Bullies on SteemIt - Part 2
Bullies on SteemIt - Part 3
Bullies on SteemIt - Part 4
PS: I'll be posting a lot about this over the next few days. These guys have an army of bots flagging everyone. The more we post, the more their voting power is depleted. @berniesanders power rests at 24%. Not too long now, till it drops to 0%.