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Re:The chance of a Bitcoin crash is greater than 80% by mancerayder on Tuesday November 28, 2017 @05:43PM (#15802604)
I completely agree. I think financial analysts have a way of presenting their astrology-like technical analysis in a way that seems solid and professional. But when you look at the technical analysis of the Altcoin world, which uses the same pseudo-mathematics (for lack of a better term), you really feel how much of a crapshoot it is. One example is a page I saw yesterday (I wish I could find it now) which showed the myriad ways in which Ethereum was going to, as they say, 'break out' of the 'range.' There were about 6 or 7 graphs with fancy mathematical wording that proved it, with a sort of red marker overlay on top of a line graph. The red marker overlay has upside-down triangle shapes, squigglies, and various other markings that prove the math. It's presented in a shortened, quick way.

As a result of Altcoin analysis, I've become even more skeptical of stock analysis.

Disclaimer, I inves^H^H^H^H^H gamble 5 digits in both types and half-heartedly follow stock news (and now Xcoin news).

It's a psychological game with vaguely real underpinnings, all this stuff.

Sure, Bitcoin is a bubble, many altcoins are a scam and many people are going to lose their shirts. But let's not pretend that stock market trading is that much better. For the skeptical, I beseech you to look at Seeking Alpha stock commentaries and analyses.

Re:The chance of a Bitcoin crash is greater than 80% by dragontamer on Tuesday November 28, 2017 @05:55PM (#15802703)
> Sure, Bitcoin is a bubble, many altcoins are a scam and many people are going to lose their shirts. But let's not pretend that stock market trading is that much better. For the skeptical, I beseech you to look at Seeking Alpha stock commentaries and analyses.

The difference between BTC and Stocks is rather fundamental.

Stocks entitle me to a portion of the profits (aka: the Dividend) and a company vote each year. Believe it or not, directly controlling a company and grabbing a portion of the profits of said company has real value.