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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33771. (Read 26498425 times)

sr. member
Activity: 280
Merit: 250
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.



It's already breaking downwards.

It probably still needs to go back over $100 before resuming the downward trend though. I think it's just noise.
full member
Activity: 123
Merit: 100
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.



It's already breaking downwards.
hero member
Activity: 686
Merit: 501
Stephen Reed
And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.

hero member
Activity: 628
Merit: 500

IF and only IF this is a "flag pattern", it should be similar to the previous one, so let's say target is $103 and absolute peak $105? Any serious analyst here to comment?

Yeah, I agree, the upside is limited for now. Your range sounds about right to me
Didn't recognise the 'flag' but that's what I see ...

This is what I saw...

legendary
Activity: 2324
Merit: 1125
Ah found the reason for the 0.01 orders on mtgox:

http://www.reddit.com/r/Bitcoin/comments/1dmmqy/how_to_break_the_mtgox_trading_engine_with_normal/

Produce lag on your own Cheesy

Yours,
timfah

omg did a monkey code their trading engine?
hero member
Activity: 798
Merit: 1000

IF and only IF this is a "flag pattern", it should be similar to the previous one, so let's say target is $103 and absolute peak $105? Any serious analyst here to comment?

Yeah, I agree, the upside is limited for now. Your range sounds about right to me
Didn't recognise the 'flag' but that's what I see ...
hero member
Activity: 628
Merit: 500

IF and only IF this is a "flag pattern", it should be similar to the previous one, so let's say target is $103 and absolute peak $105? Any serious analyst here to comment?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
if you have fiat left, I strongly recommend you arrange to have none left b4 tuesday.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"


Though we broke up through the channel on the 12 hour, on the 3 day there's still some work to do except now it would have to break through the top of the channel only to meet resistance at $100.

I still don't call $79 the bottom before Tuesday.
sr. member
Activity: 280
Merit: 250
Here's my shitty analysis. ~$70 in ~10 hours?

But then again the volume massively drops on the weekend, so my guess is that it will hover around where it currently is all weekend (too much support to punch through to $70 for now), then resume the plunge on Monday.

hero member
Activity: 798
Merit: 1000
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
full member
Activity: 123
Merit: 100
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 798
Merit: 1000
Flag pattern?
Whats that then ?
Does it mean up or down to you ?
legendary
Activity: 1862
Merit: 1114
WalletScrutiny.com


please rotate 180 around the z axis and make an animated gif. With enough frames you should really see better the 3D structure when it's animated.

Edit: Alternatively add the latest line with a distinct color (white?) so the eye can follow what's happening.
hero member
Activity: 628
Merit: 500
sr. member
Activity: 260
Merit: 250


does that mean they won't be able to spend their coins?

more lost coins?

They will not lose their coins, or be unable to ever spend them.   They will have to apply the work around or upgrade, then do a -rescan before they will be able to spend them.   My guess is that anyone who is savvy enough to be running a local wallet will be able to get this sorted out.   If not, we get some additional deflation  Tongue

edit-They may actually have to re-download the blockchain, I am not sure.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
full member
Activity: 123
Merit: 100
News: All users of Bitcoin-Qt/bitcoind versions 0.7.2 and earlier are required to upgrade to 0.8.1 or apply a manual workaround by May 15. More info.


what will happen to users that don't upgrade  Huh
Quote
you are likely to be left behind and will be out of sync with the rest of the Bitcoin network.

what the F?

Basically this is just early warning that the same fork that happened in March will happen again if you don't update.   Only difference this time is that the old version fork will be the one abandoned, hence you will be left behind if you don't upgrade or do the work around.   It is just a block size limit increase.  This is not an update of the 1MB hard limit, it is a lifting of the soft limit, which I think is currently 250KB.

does that mean they won't be able to spend their coins?

more lost coins?

They'll still have their wallet.dat. Even if they send their coins to an address not recognized by the new fork, the network won't confirm it when they do upgrade.
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