The Litepresence Report on Cryptocurrency

[PaulConventionWV]

Not sure, its too early to tell, but 1 BTC = $3405 was meant to happen 15 January . . . and as $3405 is the Bankster release date on the PM's I thought it odd we would need to wait till July 14 for that to happen, especially with what is coming mid-late March 2014 and what with all the Bankster Suicides of late and all . . .

Last Week's WebBot Report kinda saw this happening didn't it . . .

https://www.dropbox.com/s/f8v6yt6nwwnsu8e/ClifHIgh_WebBotReport_26Jan2014_RP_Bitcoin.pdf

Silver 348% growth in linguistics, gotta love that!

Unfortunately it also sees this unusually late heat spell we've got happening turning to a brutal winter come July as well:

https://www.dropbox.com/s/210sbm1ydtri8b7/Brutal Winter.jpg

This will teach me to listen to the Web Bots more closely and not some long term trend charts, now won't it!

Grrrrrrrrrr!

Always best to be locked down into BTC when this happens . . . Oh well, PPC and NMC should go off their nut this Lunar New Moon, so that is a consolation prize I suppose.

I suppose you can say that the Chinese have been having a bit of a chin-wag over the Lunar New Year Holidays, and the verdict is in.

What is the actual date of the Lunar New Moon?

 

[Dianne]

Does anyone know why it's taken me over a day to get my coins out of Cryptsy? I withdrew them yesterday and they still haven't arrived.

Yesterday and the day before, I had a hard time with mooncoin and dogecoin. It took hours to get the transfers done. I have found their support to be pretty good, so click the support button and file a ticket. I did read on one of the competing exchanges that Cryptsy is testing a new server; but then again, that's a trollbox so who knows.

 

[presence]

6 RED DRAGON bots sold!

Much thanks my friends!

 

[presence]

via google translate


http://volgoproc.ru/newversion/cgi-bin/run.pl?mod=news.mod&dirmod=mod&func=view&id=2331

Print version

​

​

03/02/2014: The prosecutor's office in Volgograd
initiation of the criminal case against the online resources that provide services to the so-called exchangeBased on materials from the prosecutor's check the criminal case of fraud (Article 159 of the Criminal Code), the legalization (laundering) of funds acquired by other persons crime (Article 174, part 2) in respect of online resources that provide services to the so-called exchange "Virtual currency".
Materials tests demonstrate illegal use of so-called "Virtual currency", including anti-money income, fraud and terrorism financing. The prosecutor's office in Volgograd intends to apply for termination of access to resources, providing services for the exchange of "virtual currency", as well as their use. Raised the issue of the prosecution of legal and natural persons providing these services.
For a number of resources is checked. Materials for some of them, namely - btc-e.com and metabank.ru transferred to the Central Investigation Department of the RF IC.
In the near future will be asked to send prescriptions Roscomnadzor to lock data online resources in order to prevent new offenses.
An additional check for violation of the Federal Law of 10.07.2002 N 86-FZ (as amended on 28.12.2013) "On the Central Bank of the Russian Federation (Bank of Russia)" in the case of legal entities that provide services to the sales of "virtual currency".
Instituted administrative proceedings under Art. 15.27. Failure to fulfill the requirements of legislation on counteraction to legalization (laundering) of proceeds from crime and terrorist financing.
Investigation of the case is taken Volgograd city prosecutor's office under control.

 

[PaulConventionWV]

//

 

[Suzu]

6 RED DRAGON bots sold!

Much thanks my friends!

Can you explain in very simple terms what the program does, exactly?

 

[presence]

 

[muh_roads]

600 is about the range I'm looking at too.

My fiat is ready.

 

[muh_roads]

Can you explain in very simple terms what the program does, exactly?

Same here.

2 LTC you said pres? How has it been working out for you?

 

[SomewhereInOz]

Dogecoin - 5% Inflation/Annum Forever

http://arstechnica.com/business/201...flation-of-5-billion-coins-each-year-forever/

Hmmmm, good for the usage of DOGE perhaps in the long-term, but impact on early hoarders and speculators? And what will become of the high rate of DOGE mining going on right now. Something to watch in the coming days/weeks for sure.

 

[presence]

Can you explain in very simple terms what the program does, exactly?

Most of the time it does absolutely nothing... just like you should be doing right now. HOLD FIAT. In this stage of a bubble price "slides" over a hillside... most of the trade worthy volatility is lost because we're so far from the peak of the bubble in time... margins are tight and its difficult to profit on day trades. So you sit in fiat and wait... At some point that slide will accelerate... Check you 12h charts MA's 5 15 30 120, to see what I'm talking about. When it accelerates the price will drop low enough to trigger the bot from its slumber...

At which point it will begin buying every 15 minutes... machine gun style... It will spend 25% (adjustable) of your remaining balance on every 15m tick until you are totally bought in. Then it waits for the bounce... which in this stage of the bubble should take about 48 hours to materialize. At which point it does the opposite... dumping 25% of your crypto holdings every 15 minutes. I programmed it to buy and sell in pieces so many ppl could run the same bot and not interfere with one another. or someone w/ large bank could run it without "drowning" in their own wake... Using the CT.org offset feature to offset the tick count by 1 to 14 minutes from the close of the 15m period also helps in this regard.


Here is a zoom in of what happens on the "first bounce" this is a backtest of June 9th buy in and June 11th sell; note how it "paints" with multiple buy and sell points, all limit ordered at the line "short" or better; there are additional limits placed on the bot... note during the buy in when there is a brief bounce... it pauses for a moment before continuing to collect.

of course a steady hand and nerves of steel could make you much more $$ on the whiplash in between... but the safe bet is buy low once and sell high 2 days later... and that's what this bot does. All logic is based in ema divergence.


My expectations...

Down to 650, back up to 725, then down to 500.

Of course the bot will nail these ranges better than I can extrapolate because it has live data.


but... once it buys "650" and offloads "725"... the bot will sit silent again for another 10-20 day period of time holding fiat... the "june 2013 slide" is not over... process will repeat...

In page 4 of this thread I posted the "stages of a bubble" and a second chart (which I drew) that shows the stages of "the backside of the bubble" in more detail. The bot is designed to hold fiat during "red dragons phase I" then capitalize on "purgatory" w/ 10% gain... then buy the bottom of "red dragons phase 2" as price returns "to the hive"


It will buy in within 1 to 2% of the absolute bottom... which I expect to be about $500... then begin its offload cycle again in 48 hours.


Once it buys that bottom you should TURN IT OFF. Before it offloads your crypto for another 10% gain... If you look back in time... July/August 2013 were quite bullish periods where the best move was just to hold crypto for 2X your money if you bought the bottom on July 8th.


The bot runs under the expecation that price is ALWAYS sliding... and dead cat bouncing. This isn't true in a "long term" sense for bitcoin... but it is true on the short term as BTC price "returns to the long mean" of 0.6% daily.


Hope this helps!

 

[PaulConventionWV]

I would be taking a slight loss if I sold now, so I'm not sure if it's worth it to sell and buy back in cheaper. If it goes down as low as you say it will, pres, then it would probably be worth it, but I'm not so sure it will go all the way to 500. It might be better to just ride it out and wait on the other side. I would need it to rise back up into the 825-830 range before I could break even on my most recent trade. I'm not sure it will reach that again for a while, but I'm hesitant to sell in anticipation of a large drop because it might not really be THAT large.

 

[btcltc]

So we are expected BTC to drop to 500 dollars... over nothing. Just like that?
I think rather in the next few days we rally to 1000 dollars again and then might shift back.

 

[PaulConventionWV]

So we are expected BTC to drop to 500 dollars... over nothing. Just like that?
I think rather in the next few days we rally to 1000 dollars again and then might shift back.

What do you base that on?

 

[presence]

[h=3]Think you know everything bitcoin? Meet Mircea Popescu of Romania[/h]

 

[muh_roads]

When it accelerates the price will drop low enough to trigger the bot from its slumber...

Is that based on a percent?

 

[Dianne]

What do you base that

Several different opinions ... arghhhhhhhhhhhhhhhhhh ...

 

[presence]

100BTC?


Not a problem.



I would run 3 or more instances of the bot to reduce risk, market impact, and hedge. The "user control panel" should be quite intuitive; just stay out of the "code" below... be sure to backtest any changes on the June 8 to July 8 window and all will be good.


My recommendations:


The first two initial conditions are set to: -12.5 and 2. Run one instance as is w/ 1/3 of your bank. Run two other instances tuned to -12 and 1.75; and the third tuned to -11 and 1.5; each with a 1/3 of your funds. If you wanted to break it up smaller... go as tight as -10 to 1 and keep even spacing. Even for smaller amounts of funds, if you're a conservative trader and wish to hedge losses 3 instances of this bot would be a more "sure" but less profitable/leveraged bet. You may also wish to adjust the % your spend per bid. If you have any questions about the control panel please ask.


Pro account @ CT.org allow up to 5 traders. VIP allows 10. The "rules" when you sign up is that Pro accounts only support up to 20k usd, but I do know of some people running upto $50k on pro account without issue. You will have to make your own decision. You can always upgrade a PRO to VIP later. Honestly, I have no idea how CT.org would stop you from asking a bot to spend more, or know what funds you held at btce or any other exchange. But no shame in supporting CT.org by paying upfront for VIP account privileges... down the line there are some fancy things you can do w/ 10 bots


When you initialize the bot, have your funds in fiat and be sure to tune each bot to a different offset to minimize their effect on each other. The RED DRAGON runs on 15m candles. So you want to set a random offset for each instance from 1 to 14 minutes. You will be prompted to do this after you input your API key. If you are just a hedge your losses type and don't really want to give your bot access to all of your funds you can create another exchange account as you would create another savings account at the bank.


Your API keys can be found by clicking on the "finances" link at your exchange. You will need a new key for each instance of the bot, or any other bot, you wish to run. Be sure to check both info and trade boxes and click save at your API generation link at your exchange before initializing your bot.


best of luck,


presence

The "RED DRAGON" bot:
***contact for access***












TERMS:
http://www.ronpaulforums.com/showth...yptocurrency&p=5397522&viewfull=1#post5397522








The Red Dragon works on a system of Moving Average Convergence and Divergence (MACD) though its manifested in code much like a simple ema cross and not "charted" as an MACD. When one average dips 12.5% below the other, BUY. When it rises 2% over the other SELL. I tried a variety of EMA pairs through many iterations of backtest... these are the two that seem to work best. I like to keep my code simple and my math well considered. Check my latest post here on the fundamentals of the RED DRAGON:


http://www.ronpaulforums.com/showth...yptocurrency&p=5403208&viewfull=1#post5403208




Free tuned "CHERRYBITCH" gift:
***contact for access***



Cherrybitch is a slope bot. It buys or sells based solely on change in slope. It tuned for bullish markets as is. During BEAR times it continually wants to be the "first on the ball" to ride something bullish... and continually gets burnt. So you want to hold of on using it until we hit rock bottom.




Thank you for your purchase!




I'm here for support,




litepresence


"crypto long! more coinz short "






[email protected]
presence, ronpaulforums.com
litepresence, btce trollbox
oraclepresence, twitter
litepresence, cryptocat chat room: "cryptotrader"










open source projects:


https://cryptotrader.org/topics/237674/litepresence-2-5-15-30-turbo-tune-v1-0
https://cryptotrader.org/topics/773256/litepresence-cherrybitch-slope-bot-v3-0
https://cryptotrader.org/topics/494491/litepresence-1m-long-wave-ema-cross-w-bid-size
https://cryptotrader.org/topics/237563/litepresence-margins-master-v1-0
https://cryptotrader.org/topics/835345/litepresence-5-harmonic-hft
https://cryptotrader.org/topics/820090/litepresence-jounce-v1-0





These are the RISKS YOU TAKE trading with bots:


[h=3]Someone just lost 100 BTC on fees at BTCChina![/h]

 

[presence]

 

[presence]

GET YOUR FUNDS THE FUCK OUT OF MT GOX NOW!!!!!!!!!!!!

litepresence​

JUST RECIEVED EMAIL FROM VERY TRUSTED FRIEND W/ INSIDE INFO