Caution.Take a look at a 6-month chart of MtGox. Focus on the run-up, to the hack outtage.Then look at a two-day chart, and focus on today from a little after 3PM (UTC) until now (it's 7:54PM UTC as I write).The chart is almost identical... almost as though someone is writing it on purpose, with money.Who knows if it means anything - but it's certainly remarkable.
It's easy to find patterns anywhere. Frankly, I do it all the time in an effort to predict the future. The one you've identified is WAY too specific to really mean anything, in my opinion.
I know.Still, I look at it and wonder if the look of the two-day chart is how it might have played out, if MtGox hadn't been hacked. Alternate time-line...
Caution.
ReplyDeleteTake a look at a 6-month chart of MtGox. Focus on the run-up, to the hack outtage.
Then look at a two-day chart, and focus on today from a little after 3PM (UTC) until now (it's 7:54PM UTC as I write).
The chart is almost identical... almost as though someone is writing it on purpose, with money.
Who knows if it means anything - but it's certainly remarkable.
It's easy to find patterns anywhere. Frankly, I do it all the time in an effort to predict the future. The one you've identified is WAY too specific to really mean anything, in my opinion.
ReplyDeleteI know.
ReplyDeleteStill, I look at it and wonder if the look of the two-day chart is how it might have played out, if MtGox hadn't been hacked. Alternate time-line...