Ok Wall Observer's participants...I have a question for you. I came up with this idea last night and am in the process of implementing it. I have had a general go ahead from tptb to ask what you ..the WO think about it.
As many of you are aware Wall Street has many analytical firms out there that just market sentiment. I thought it would be nice to have one for Bitcoin as well and so came up with the Wall Observer Bull/Bearish Index or WOBBI for short. This index would be comprised of FA, TA, Polling, AI sentiment analysis and proprietary algorithms to generate a daily(hourly, anytime you ping it?) index.
What I am wondering is this a good idea? Would it be something you supported? Do you think this would be positive or a negative for the forum in general and this thread in particular? Would you want to help develop or contribute in some way to this idea?
Discuss please.
Thank you.
tc
I think it would be a bit of fun and I see no harm in it - so go for it.
But how do you propose to gather the data?