The Litepresence Report on Cryptocurrency

Dianne · Jan 4, 2015

PaulConventionWV said:
I think pres mentioned $0.80.

Wow, if it does dip that low it will be hard not to buy.

presence · Jan 4, 2015

PaulConventionWV · Jan 4, 2015

Time to buy bitcoin.

amonasro · Jan 4, 2015

I had wondered if we'd crash through $300 in a final bear blaze of glory, but the sideways low volume movement was too tempting I suppose. Now, watch the dip just below the support point ($275) act as a spring.

edit: here's an example

Indy Vidual · Jan 4, 2015

Better to buy now than when it is already up 50% or more.

muh_roads · Jan 5, 2015

PaulConventionWV said:
Time to buy bitcoin.

I bought at $275, derp. Might have to sell for a loss here. Going to wait for the macd to turn around on the 15m to see where we are...

PaulConventionWV · Jan 5, 2015

muh_roads said:
I bought at $275, derp. Might have to sell for a loss here. Going to wait for the macd to turn around on the 15m to see where we are...

Yeah, Bitstamp news messed everything up. We may see lower prices yet.

muh_roads · Jan 5, 2015

PaulConventionWV said:
Yeah, Bitstamp news messed everything up. We may see lower prices yet.

I was thinking these latest bounces just extended the downward timeline a bit. Yeah 200-220 will still be hit...but it may have been extended out further to Feb-March now.

I also think people are being obnoxious regarding the Bitstamp news. The loss is only 2% of what happened to Gox. Also, Bitstamp is now owned by a US company called Fortress. People will definitely go to jail if they tried to do any "goxing".

Once Bitstamp comes back online, I think we could see a mini-run to 285-290 before reversing again. It seems to be starting now...

What are your thoughts?

presence · Jan 5, 2015

I started trading Honey Badger v5.0 LIVE today on 1h candles! Wish me luck

Code:

    Honey Badger v5.0

    [2015-01-03 11:00:00] Start Date....: 2011-12-18 04:00:00
    [2015-01-03 11:00:00] Start Assets..: 313.97 BTC
    [2015-01-03 11:00:00] End Assets....: 283831.35 BTC
    [2015-01-03 11:00:00] Buy-n-Hold....: 95846.94
    [2015-01-03 11:00:00] B-n-H Gain....: x95.85
    [2015-01-03 11:00:00] Crypto Gain...: x904.00
    [2015-01-03 11:00:00] Cash Gain.....: x86645.91
    [2015-01-03 11:00:00] Days..........: 1112.0
    [2015-01-03 11:00:00] Trades........: 80
    [2015-01-03 11:00:00] Price.........: 305.272
    [2015-01-03 11:00:00] Days/Trades...: 13.90
    [2015-01-03 11:00:00] Trade Types...: 14
    [2015-01-03 11:00:00] Trade Type Counter
        ({1.1: 17, 2: 13, 1: 8, 2.1: 8, 2.2: 7, 3: 6, 4: 4,
        1.5: 3, 3.2: 3, 3.1: 3, 5: 3, 1.3: 2, 5.1: 2, 4.1: 1})
    [2015-01-03 11:00:00] >> Starting portfolio:
    [2015-01-03 11:00:00] >> [1000.00 USD]
    [2015-01-03 11:00:00] >> Closing portfolio:
    [2015-01-03 11:00:00] >> [86645906.24394985 USD]
    [2015-01-03 11:00:00] >> Profit: 86644906.24394985 USD

two other big announcements:

Tradewave redesigned their webpage, check it out:

tradewave.net

...and I released an OPEN SOURCE CODE version of

Honey Badger v0.9

Code:

[2015-01-04 23:00:00] Start Date: 2011-12-18 04:00:00
[2015-01-04 23:00:00] Day: 1114 Trades: 88 Frequency 12.0
[2015-01-04 23:00:00] USD 1000.0 / 4432834.8 / 443183.5 ROI
[2015-01-04 23:00:00] BTC 314.0 / 16328.9 / 5100.7 ROI
[2015-01-04 23:00:00] ***************************************
[2015-01-04 23:00:00] Buy and Hold Gain: 85.2X
[2015-01-04 23:00:00] Honey Badger Gain: 4432.8X
[2015-01-04 23:00:00] >> [B]Starting portfolio:[/B]
[2015-01-04 23:00:00] >> [1000.00 USD]
[2015-01-04 23:00:00] >> [B]Closing portfolio:[/B]
[2015-01-04 23:00:00] >> [4432834.76540813 USD]
[2015-01-04 23:00:00] >> [B]Profit:[/B] 4431834.76540813 USD

https://tradewave.net/strategy/pEvUZKWDzd

which will soon be featured on the front page of tradewave

muh_roads · Jan 5, 2015

Can that run as trade assistant, pres?

muh_roads · Jan 5, 2015

I think we should make a thread in the General Board and/or the Economics Board inviting more people here. I'd need to clear it with Bryan first.

We also need FAQ stickies too. Would be nice to get more RPF'ers in here scooping the bottom. I envy the activity of the other boards like General & Econ. I just don't envy their constant speak of "the end is nigh". It's depressing and too easy to get wrapped up in it.

Instead of so much "the end is nigh" in General & Econ, people need something to be positive about.

presence · Jan 5, 2015

muh_roads said:
Can that run as trade assistant, pres?

sure... you could attach it to an account with no funds.

(the version I gave you is 3X more profitable though

)

amonasro · Jan 5, 2015

muh_roads said:
I think we should make a thread in the General Board and/or the Economics Board inviting more people here. I'd need to clear it with Bryan first.

We also need FAQ stickies too. Would be nice to get more RPF'ers in here scooping the bottom. I envy the activity of the other boards like General & Econ. I just don't envy their constant speak of "the end is nigh". It's depressing and too easy to get wrapped up in it.

Instead of so much "the end is nigh" in General & Econ, people need something to be positive about.

I agree, and I would post more trading/TA in general but this place is my safe haven. I just hate what happened to bitcointalk and reddit. It's like troll/shill city. They are everywhere.

On the other hand, if we could get more RPF members in here, I think many of them would like crypto if they understood it properly. I'd be willing to write a FAQ.

PaulConventionWV · Jan 5, 2015

muh_roads said:
I was thinking these latest bounces just extended the downward timeline a bit. Yeah 200-220 will still be hit...but it may have been extended out further to Feb-March now.

I also think people are being obnoxious regarding the Bitstamp news. The loss is only 2% of what happened to Gox. Also, Bitstamp is now owned by a US company called Fortress. People will definitely go to jail if they tried to do any "goxing".

Once Bitstamp comes back online, I think we could see a mini-run to 285-290 before reversing again. It seems to be starting now...

What are your thoughts?

I think you hit the nail on the head, actually. I was kind of hoping this would happen relatively quickly so I could spot a reversal then just hold long and forget about it, but it looks like it's going to drag out like you said. We may see a rise up to $290 or $300, but my guess is that it won't last.

PaulConventionWV · Jan 5, 2015

amonasro said:
I agree, and I would post more trading/TA in general but this place is my safe haven. I just hate what happened to bitcointalk and reddit. It's like troll/shill city. They are everywhere.

On the other hand, if we could get more RPF members in here, I think many of them would like crypto if they understood it properly. I'd be willing to write a FAQ.

Didn't we already have one of those on GP?

muh_roads · Jan 7, 2015

amonasro said:
I agree, and I would post more trading/TA in general but this place is my safe haven. I just hate what happened to bitcointalk and reddit. It's like troll/shill city. They are everywhere.

On the other hand, if we could get more RPF members in here, I think many of them would like crypto if they understood it properly. I'd be willing to write a FAQ.

That would be awesome if u could put an FAQ together.

Didn't we already have one of those on GP?

I'd prefer to try again. This time I'll give away $5 in Bitcoin to anyone that is trying it for the first time...preferably RPF'ers that have been on the board for a while. Either directly or using ChangeTip.

muh_roads · Jan 9, 2015

Apparently Bitstamp is moving all their Slovenia & UK resources to San Francisco as a new home base of operations.

squarepusher · Jan 9, 2015

muh_roads said:
Apparently Bitstamp is moving all their Slovenia & UK resources to San Francisco as a new home base of operations.

I dont think so, where did you come up with this? Bitstamp may not even be solvent they still haven't signed any proof of reserve.

presence · Jan 9, 2015

https://bitcointalk.org/index.php?topic=918955.msg10094118#msg10094118

Honey Badger v6.0 Enterprise Edition v1.0

Detects 4 Distinct 12h Modes:
- Green Dragon
- Capitulation
- Red Dragon
- Cat Bounce

Trades on 16 Subclass Decisions
12 Day Trade Frequency
User selectable tick size
Built for BTC, usable for any currency
All decisions made on 12h Moving Averages
Verbose Trade Log

http://pastebin.com/cFgHUgph

crypto long, moar coinz short!

litepresence

[email protected]

The Litepresence Report on Cryptocurrency

BUY NOW

presence · Jan 9, 2015

Bitstamp opens on a wild 1m candle

High 305
Low 272.45

The Litepresence Report on Cryptocurrency

Account Closed

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Member

Similar threads