I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.
Yeah but how many people trade on log charts using trend lines? Not very many that I've seen in my experience. Agreed. A trend line on a linear chart is much more significant. The best reason to buy today IMO is that we are seeing high volume panic selling. Patience = Profit |
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Just snatched me up another 100 btc at $4.80
too early. agreed. OP: I guess you're going to ignore all of the linear trendlines that we just broke too huh? |
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I don't have access to good charting software for bitcoin, so I can't speak for the particular trendline the OP has drawn, but IMO trendlines in general are a very useful analytical tool for trading. People who trash technical analysis usually don't understand it, or how to use it as a tool for trading.
Yeah but how many people trade on log charts using trend lines? Not very many that I've seen in my experience. |
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So basically you drew a line that touches the bottom points and call it significant?
I did Only time can prove me wrong *lalalala* No forex trader or stock trader ever uses a log chart to determine trend. Not sure what historical data your method is based on. |
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You going to release a new version or shall we restart?
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 It is following the trend perfectly, now is the time to get in. If it drops below $4 today then we'll be outside of the green lines. Then will you shut up? Yeah will you? Log chart means nothing... |
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Yes, it's supposed to. But by adjusting the timstamp of the first and last block in each diff period you can make it retarget /4 *every single time*  Ah, now I understand, thank you. Verily illustrative and creative, as usual. ArtForz, first and foremost, I would like to officially invite you to offer your guidance and advice - I am merely a curious n00b, sacarlson is pretty busy, and this experiment could use input from someone like you (other input than cleverly crafted blocks, that is  ) Now, as for this particular case, would you kindly answer the following questions: 1) Does this method affect only forks with time-based diff ? 2) Could you please suggest any fixes other than abandoning time-based diff retarget? 3) Would abandoning time-based retarget "fix" it ? Wow, I stop it for a bit and diff shoots back up to > 120 like instantly...
Probably the stupidest diff alg ever. The longer you don't generate a block the harder it gets?lol EDIT: No offense to the OP. Actually, the opposite should be true, LOL LOL sure seems that way though. I commend you on your good attitude despite the oversight and artforz exploiting it. Good learning experience I'd say for all. |
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Yes, it's supposed to. But by adjusting the timstamp of the first and last block in each diff period you can make it retarget /4 *every single time* Ah, now I understand, thank you. Verily illustrative and creative, as usual. ArtForz, first and foremost, I would like to officially invite you to offer your guidance and advice - I am merely a curious n00b, sacarlson is pretty busy, and this experiment could use input from someone like you (other input than cleverly crafted blocks, that is ) Now, as for this particular case, would you kindly answer the following questions: 1) Does this method affect only forks with time-based diff ? 2) Could you please suggest any fixes other than abandoning time-based diff retarget? 3) Would abandoning time-based retarget "fix" it ? +1000 Good attitude! |
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Wow, I stop it for a bit and diff shoots back up to > 120 like instantly...
Probably the stupidest diff alg ever. The longer you don't generate a block the harder it gets?lol EDIT: No offense to the OP. |
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Wow talk about panic!. LOL.
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Yes, it's supposed to. But by adjusting the timstamp of the first and last block in each diff period you can make it retarget /4 *every single time*  lol |
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3Gh, and I'm not orphaning other miners blocks on purpose.
Did you alter the code or something? |
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// Update nTime
if ((pindexPrev->nHeight+2) % 16 == 0)
pblock->nTime = max(pindexPrev->GetMedianTimePast()+1, GetAdjustedTime() + 1800);
else if ((pindexPrev->nHeight+1) % 16 == 0)
pblock->nTime = pindexPrev->GetMedianTimePast()+1;
else
pblock->nTime = max(pindexPrev->GetMedianTimePast()+1, GetAdjustedTime());
*walks away whistling* LOL did you drop your 50GH on this? |
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1 sec blocks. Pumping in geistgeld here edit And difficulty is back to 0.06 again I'm curious to the difficulty adjustment algorithm here. |
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i seen it go from 1 to 4 to 12.8...wtf
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My prediction is: parity
to what? |
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It doesn't make sense, there is still only one connection,
I smell something very fishy about this
There are about 1-2 listners right now  Also, do try the tweaks (previous page) Given that so far no GeistGeld are sold and bought, what "fishy" could I probably pull off ? Imma not even mining them anymore Git and win downloads updated with a better, listener friendlier config (add "portsend=7769" W/O quotes if you don't want to download anything)Maybe I missed it but how does difficulty adjust exactly? |
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I don't believe that, when the profits are gone we will have mostly miners that want Bitcoin to get big long term, and there are a lot of them. And also, this high inflation environment is a one time thing, it will be over in Dec of 2012.
Wait why...ohhh, LOLOL Are you a greedy miner ? How does that 6 dollar exchange rate feel? I think you will feel really good with a 3-4 dollar exchange rate. lol go mine at a loss for a while haha |
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Seems like I lose connectivity periodcically. Happen to you?
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