Wall Observer - MtGoxUSD wall movement tracker - page 2.

UKMark

full member

Activity: 144

Merit: 100

Empty vessels make most noise.

Quote from: Spekulatius on April 16, 2013, 04:49:15 PM

Its happening all the time. Take any upward (or DOWNWARD!) movement and you will be able to identify those "Cup and handle" patterns everywhere. No take one of a big timeframe and zoom in, what do you see?

SPOILER:

You guessed it, its the same patterns all over again. If you zoom in further, you can still see the same patterns again and again, its called "self-similarity" in mathematics and magically has its representation in nature as wall as in chart analysis. When you look at downward movements the same pattern appears, only on its head (put the cup upside down).

Thankyou, I think I have just woken up! Grin

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

It calmed down last few hours, where it would go... 3k coins are needed for 74$, about same for 64$. It's 67 now so it does look like it's slowly moving upward.

Kazu

full member

Activity: 168

Merit: 100

Quote from: Rampion on April 16, 2013, 04:45:26 PM

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

this chart has no resemblance with bitcoin's pricing pattern, wake up

It SORT OF does (not from the $200 point, but from the $130), only with a longer handle.

First bitcoin crashed down from $266 to $130 (after some bouncing around).
Then it went from $130 to $50-ish (downward part of cup).
Then it went from $50 to $130 (upward part of cup).
Then it went from $130 down to $60 again (really long handle).

Its more like a zig-zag rather than a cup, though. The bottom wasn't nearly as smooth as the "cup".

DiThi

full member

Activity: 156

Merit: 100

Firstbits: 1dithi

I see this...

Frozenlock

sr. member

Activity: 434

Merit: 250

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Could this be happening?
Be interesting where the next week or two takes us for sure....

I can understand support lines and such... but this is just silly shapes in the sky.

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

I think we have that triangly thing going on again.

Spekulatius

legendary

Activity: 1022

Merit: 1000

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

Its happening all the time. Take any upward (or DOWNWARD!) movement and you will be able to identify those "Cup and handle" patterns everywhere. No take one of a big timeframe and zoom in, what do you see?

SPOILER:

You guessed it, its the same patterns all over again. If you zoom in further, you can still see the same patterns again and again, its called "self-similarity" in mathematics and magically has its representation in nature as wall as in chart analysis. When you look at downward movements the same pattern appears, only on its head (put the cup upside down).

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

this chart has no resemblance with bitcoin's pricing pattern, wake up

just1nmc

sr. member

Activity: 280

Merit: 250

Quote from: bixcoin on April 16, 2013, 04:44:22 PM

Quote from: just1nmc on April 16, 2013, 04:40:03 PM

Quote from: bixcoin on April 16, 2013, 04:36:05 PM

Quote from: just1nmc on April 16, 2013, 04:27:36 PM

There's this:

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

Nice. I am fine with this. I will ask him.
Just to clarify before, the bet is as follows:

I bet 1000 USD 1:1 that between now and Sunday, 21st of April 2013 01:00 am EST there will be at least one transaction on mtgox selling or buying one or more (or fraction of) Bitcoin for USD 39.999 or less.

Agree?

Sounds good, agreed

Ok, lets make this a virtual handshake, just in case of any big changes before we have escrow.

Yep, I'm in. Just let me know when the escrow is ready

bixcoin

full member

Activity: 168

Merit: 100

Bixcoin Superdouche

Quote from: just1nmc on April 16, 2013, 04:40:03 PM

Quote from: bixcoin on April 16, 2013, 04:36:05 PM

Quote from: just1nmc on April 16, 2013, 04:27:36 PM

There's this:

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

Nice. I am fine with this. I will ask him.
Just to clarify before, the bet is as follows:

I bet 1000 USD 1:1 that between now and Sunday, 21st of April 2013 01:00 am EST there will be at least one transaction on mtgox selling or buying one or more (or fraction of) Bitcoin for USD 39.999 or less.

Agree?

Sounds good, agreed

Ok, lets make this a virtual handshake, just in case of any big changes before we have escrow.

michaelGedi

sr. member

Activity: 364

Merit: 250

"to be or not to be, that is the bitcoin"

Quote from: ElectricMucus on April 16, 2013, 04:40:28 PM

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

no

please clarify both your arguments in laymans terms if possible

UKMark

full member

Activity: 144

Merit: 100

Empty vessels make most noise.

Quote from: ElectricMucus on April 16, 2013, 04:40:28 PM

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

Thanks but your chart is over 4 days, the one I posted is over 5/6 months, while I am a total noob to charts I do believe they must be rendered on the same scale?

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Quote from: UKMark on April 16, 2013, 04:32:08 PM

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

no

just1nmc

sr. member

Activity: 280

Merit: 250

Quote from: bixcoin on April 16, 2013, 04:36:05 PM

Quote from: just1nmc on April 16, 2013, 04:27:36 PM

There's this:

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

Nice. I am fine with this. I will ask him.
Just to clarify before, the bet is as follows:

I bet 1000 USD 1:1 that between now and Sunday, 21st of April 2013 01:00 am EST there will be at least one transaction on mtgox selling or buying one or more (or fraction of) Bitcoin for USD 39.999 or less.

Agree?

Sounds good, agreed

bixcoin

full member

Activity: 168

Merit: 100

Bixcoin Superdouche

Quote from: just1nmc on April 16, 2013, 04:27:36 PM

There's this:

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

Nice. I am fine with this. I will ask him.
Just to clarify before, the bet is as follows:

I bet 1000 USD 1:1 that between now and Sunday, 21st of April 2013 01:00 am EST there will be at least one transaction on mtgox selling or buying one or more (or fraction of) Bitcoin for USD 39.999 or less.

Agree?

UKMark

full member

Activity: 144

Merit: 100

Empty vessels make most noise.

Quote from: phatsphere on April 16, 2013, 03:58:31 PM

google "(wedge | triangle) technical analysis"

Could this be happening?
Be interesting where the next week or two takes us for sure....

just1nmc

sr. member

Activity: 280

Merit: 250

Quote from: bixcoin on April 16, 2013, 04:24:02 PM

Quote from: just1nmc on April 16, 2013, 04:22:30 PM

Oh, yeah I'm still up for it

got any respected escrow?

There's this:

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

bixcoin

full member

Activity: 168

Merit: 100

Bixcoin Superdouche

Quote from: cedivad on April 16, 2013, 09:30:24 AM

You find an escrow, you send him 1000$ in btc, the escrow sells the amount on mtgox, gives the winner 2000$ back buying from mtgox.
I'm available, if you want. I would like some reputation.

Do you have any reputation for proof?

bixcoin

full member

Activity: 168

Merit: 100

Bixcoin Superdouche