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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26391620 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
wachtwoord
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May 03, 2013, 06:26:53 PM
 #3741

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?
AmazonStuff
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May 03, 2013, 06:29:17 PM
 #3742


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...

SlipperySlope
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May 03, 2013, 06:30:38 PM
 #3743

And yet another triangle. Duh ... make that one hour - not four hours as it says in the immutable image below.

underground_
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May 03, 2013, 06:32:38 PM
 #3744

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.
DougTanner
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May 03, 2013, 06:38:14 PM
 #3745

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.
AmazonStuff
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May 03, 2013, 06:40:23 PM
 #3746


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...


Very interesing "flag" or "triangle", I still believe it's a flag, because I found this momentum:
420
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May 03, 2013, 06:40:50 PM
 #3747

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?

convert all BTC to LTC during the transition

KillaMarci
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May 03, 2013, 06:45:04 PM
 #3748

I don't actually think it's going to drop much further until Monday. It's Friday evening here in Europe and over the weekend not much is going to happen as is usually the case.

That's my $0.02 Tongue
Frozenlock
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May 03, 2013, 06:45:16 PM
 #3749

convert all BTC to LTC during the transition

Ah Litecoin... a day in the speculation forum wouldn't be really complete without someone pumping you.
favelle75
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May 03, 2013, 06:48:33 PM
 #3750


Btw, this is the last day when we see $95 EVER, you can quote me on that.  Cool

And quoted.

Wonder if that will ever go explained, because I've seen $95 (and lower) now so many times in the last 24 hours....
adamstgBit
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May 03, 2013, 06:53:38 PM
 #3751

its going to take some time, but we will  be stable above 100 and then 200 and then 300 and then.... well you'll buy back in  Tongue
phoenix1
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May 03, 2013, 06:57:01 PM
 #3752

its going to take some time, but we will  be stable above 100 and then 200 and then 300 and then.... well you'll buy back in  Tongue

I'm saving some fiat for $500  Tongue
Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


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May 03, 2013, 07:00:01 PM
 #3753

phoenix1
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May 03, 2013, 07:06:57 PM
 #3754


Btw, this is the last day when we see $95 EVER, you can quote me on that.  Cool

And quoted.

Wonder if that will ever go explained, because I've seen $95 (and lower) now so many times in the last 24 hours....

Explanation ... he's full of shit and talking his book
SlipperySlope
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Stephen Reed


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May 03, 2013, 07:14:35 PM
 #3755

Does anyone else think that volume has dropped off? If so then no wall-busting power until likely Monday.

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May 03, 2013, 07:18:46 PM
 #3756

Does anyone else think that volume has dropped off? If so then no wall-busting power until likely Monday.



We've had crashes on Fridays afternoons (pst) before. I guess it depends on whether or not the people who bought between $79-90 want to risk going to sleep holding bitcoins.
DougTanner
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May 03, 2013, 07:19:09 PM
 #3757

Does anyone else think that volume has dropped off? If so then no wall-busting power until likely Monday.



That's what I'm seeing too.
adamstgBit
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May 03, 2013, 07:25:30 PM
 #3758

Does anyone else think that volume has dropped off? If so then no wall-busting power until likely Monday.



That's what I'm seeing too.

everyone sold off b4 the weekend, now they wait for lower prices
SlipperySlope
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May 03, 2013, 07:31:26 PM
 #3759

It is getting quiet in my home office - no Clark Moody ding-ding-O-meter chattering away !

Despite the calm, I don't envy big money and their advisors that are holding maybe 25% losses in just three days, with a potential goxlag-blinded Black Monday sell off. That unfortunate group knows that the first one to sell gets the tastiest bids and the last one to sell books the biggest client loss. They cannot sell during the weekend without huge slippage.

A band-break at the bagholder's ball.
 
wiak2
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May 03, 2013, 07:33:08 PM
 #3760

Gonna test the 90 wall?
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