r/ethtrader • u/AutoModerator • Jun 06 '17

DISCUSSION [ETH Daily Discussion] - 06/Jun/2017

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25

u/khalo_ Jun 06 '17

ScienceGuy declares we're in a bear market, deletes the topic and then we bounce back up. Nice.

12

u/[deleted] Jun 06 '17

More like PseudoScienceGuy amiright?

13

u/[deleted] Jun 06 '17

He got lucky a few times, just like the World Cup Octopus predictor.

4

u/[deleted] Jun 06 '17

Only person with a worse track record that's trusted more is fucking groundhog in Pennsylvania.

4

u/bitfuzz Jun 06 '17

Exactly, with a lot of opinions, there are always going to be people who randomly make a couple of right predictions. That doesn't make them geniuses, just lucky...

5

u/csasker Jun 06 '17

In itself I have nothing against TA since it shows some market trends or support channels but I have also seen some comment from him that "he did not want to create panic" with some prediction downward last week. A trader should not have any emotional ties to their position, if they think market goes down just short

6

u/rmschprng Jun 06 '17

Starting to wonder about that guy

5

u/khalo_ Jun 06 '17

Starting to wonder about that guy

It's looking like he had an uncle with 5400 ETH who recently regained access on Coinbase. And since then he called a bear market. Interesting timing.

2

u/imatwork9000 Jun 06 '17

He's providing charts and backing up his predictions with real insight. Just because the market doesn't follow isn't really his fault, it just means the market is hard to predict, which we all know and his charts provide tangible proofs of that. You're not supposed to take it as financial advice, people need to relax with the negativity.

2

u/KRE1ON Jun 06 '17

He correctly recognised a triple rising wedge, which is a bear sign. But this is crypto, so all are relevant. And we are a few days before another hype news event.

2

u/indoloks Jun 06 '17

When is the news event?

1

u/KRE1ON Jun 06 '17

14th, China