- Apr 25, 2011
- Reaction score
Very interesting article from the glassnode newsletter. It's a week old but very good read still.
I always take these articles with a grain of salt as no one truly knows the market, but thank you for the share!!
thx but it's almost impossible to predict market movements. Only time will tell who was right
I always say, rightly or wrongly, that there are three things you need to get it right: insider dealing (illegal), knowledge and luck.Yes I agree, its impossible to predict and as my dad always says; there will always (or at least often) be an event that occurs and one which nobody could have forseen. I've seen it personally before where people have seemingly bullet proof systems using trading bots and then guess what, something different happens and it all goes wrong.
Having said all of that, I still find this stuff very interesting and in particular, something I didn't really appreciate much until now is how much transparency there is when it comes to bitcoin and how much insight you can get into whats going on.
I think we are in a bear marketVery interesting article from the glassnode newsletter. It's a week old but very good read still.