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RE: BTC: Trend Prediction Working! Part 1

in #bitcoin7 years ago
Hi Flash, yap indeed Fundamental is more based on news or also economical information on the companies behind certain assets, i.e. checking the quarter financials on equities, if the company performed well there will be a probable rise on the stock price, etc.

For cryptos is hard to use the same parameter since as a new asset class there is little historic information to compare to. We could use other parameters, like the real economic use of currency pretenders, but unfort. it does not work due to the current high investment as speculation.

Once the market matures I expect that we will switch to a more traditional environment.

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Interesting. So, is there an actual "competing" system of analysis for TA in highly speculative scenarios, like Cryptos and ICOs?