The Litepresence Report on Cryptocurrency

[PaulConventionWV]

Just noticed that the price on BTC-e reached EXACTLY 667.7

I've been trying some new predictive analysis lately, and I think I'll take a stab at it.

I predict that the price of BTC will rise into the 660s, find resistance around 667, and subsequently pull back to the low 600s before making new highs. The top will occur sometime on Monday or Tuesday of next week, but no later than Thursday.

 

[zeMan]

Nice Call!

Just noticed that the price on BTC-e reached EXACTLY 667.7

 

[PaulConventionWV]

For my next trick:

As I noted before, I thought the drop would have occurred on Monday or Tuesday.

Instead, I am predicting that we will stay between 600-650 and see another leg up beginning about two weeks from now and stabilize around $800 for the next few weeks. Sorry, no charts. I'm still working on that.

 

[lotsOfCake]

PaulConventionWV: good job!

On an entirely different topic;
So i decided to go fact checking about DRK after reading a comment about it on a twitter.

So uh....


Step 1: Check timestamp on block #2 in DRK: http://chainz.cryptoid.info/drk/block.dws?2 (block 1 doesn't count, its the genesis block which is a separate function)
That's at 2014-01-19 03:54:46
Step 2: Check timestamp on block #3000: http://chainz.cryptoid.info/drk/block.dws?3000
That's at 2014-01-19 09:10:16
That's just over 5 hours, 3000 blocks, more than 500 coins on average per block. Block #3003 for example, is 6,380 DRK.http://chainz.cryptoid.info/drk/block.dws?3004.htm
Less than 3 seconds per block at the start....
By block 6000 it's more normal, 3 minutes ish per block, typical block reward down from 500 to 144.


That's around 1,371,552 DRK in 3.5 hours.
2,018,020.0 DRK in less than two days: http://chainz.cryptoid.info/drk/block.dws?5000
Coinmarketcap lists the total number of coins at 4.34 mill. Coinmarketcap.com

TLDR; DRK, The coin currently third in marketcap is a massively "fastmined" coin, similarly to a failed coin like YACoin. It's tantamount to premine, 50% of the coin grabbed within a few days.

(Other than that, I think the idea behind the source code is good)

 

[PaulConventionWV]

The last dump was pretty obvious. I got out at 671 and back in at 636. Feeling pretty pumped about that. It triple topped and the upward trendline caught it on the way down just like I thought it would. That comes to about a 10% retracement, just like it was at about this stage in the last recovery phase. From here we will see it waffle a bit around where it is now before heading up to $800.

 

[presence]

TRADEWAVE.NET has backtest DATA!!!!


https://discuss.tradewave.net/t/parabolic-sar-custom-without-ta-lib/220/5

Also, I released a custom Parabolic SAR indicator which is more stable than TA-lib's version today, see link.

 

[presence]

BitocoinWisdom adds PRICE ALARMS

 

[muh_roads]

TRADEWAVE.NET has backtest DATA!!!!


https://discuss.tradewave.net/t/parabolic-sar-custom-without-ta-lib/220/5

Also, I released a custom Parabolic SAR indicator which is more stable than TA-lib's version today, see link.

How are you doing? Haven't seen you in a while...

 

[presence]

How are you doing? Haven't seen you in a while...

I'm doing well... largely staying away from social media because its so time raping.

I'm really focused on teaching myself python this past few weeks; all waking hours.

Have a look at the open source I've released this past month:

https://discuss.tradewave.net/category/code-examples/indicators

https://discuss.tradewave.net/category/code-examples/strategies

 

[presence]

The last dump was pretty obvious. I got out at 671 and back in at 636. Feeling pretty pumped about that.

I've enjoyed watching your trading skillz advance this past year. Nice job man!

 

[zeMan]

We are still waiting to buy LTC right?

 

[presence]

Tradewave Rocks! Please forward to interested parties!






litepresence


Lets come together and make Tradewave a hub for cloud bot trading!


Super fast backtests
Compiler that gives you meaningful feedback when your code has errors
Dual Y axis plots
Powerful Python mathematics packages
Minimally resource intensive, no RAM leaks
Multiple servers with 99.99% uptime
Works with any browser
Well organized forum
Low trading latency
Keep multiple orders on the books with one script
Trade multiple trading pairs from within one script with access to data from multiple exchanges
Easily access any candle size from within one script
Backtest plots provide accurate time/price data with 'mouse over'
Did I mention FREE backtesting and $20/mo live trading with NO EQUITY LIMIT?
Tradewave is new on the live trading cloud bot scene with a powerful engine and talented development. I look forward to building some super high quality Python bot scripts in the coming months both open source and commercial. See you there!
Please forward to interested parties.




Crypto Long, More Coinz Short!

Iceberg Limit Orders
2-5-15-30 Turbo Tune
Fire and Brimstone Channel
Aroon MFI VWAP scriptStoch RSI / SARVortex IndicatorIchimoku Cloud
Candlestick Price Transformation
Zero Lag EMA (LazyBear)
Raschke, Ian, and Guppy Oscillators (3 in 1)
Std. Dev Zig Zag Channel with Regression Slope
EMA Differential Correction Code
Breakout Indicator
Linear Regression
Bollinger Banded StochRSI
Example of email logging
MA Slope, Concavity, Acceleration, Jounce
Hilbert Transform
Directional Movement DMI and ADX
Schaff Indicator
Talib.SAREXT Parabolic SAR Extended Version
Zig Zag Indicator
Candlestick Pattern Recognition Indicators; ie "dragonfly doji"
Create list of length=n from left to right and right to left
TAlib Moving Averages by MA_Type
1m Long Wave EMA Cross w/ Bid Size
Thanasis All Indicators Code
Know Sure Thing (KST) Oscillator
Ehlers/Way Zero Lag EMA
Derivative Oscillator and Composite Index
Kaufman AMA Binary Wave
Hieken Ashi Candlesticks
Account Balances and ROI module

 

[LibertyTeeth]

Okay, well, I guess it's buy-and-hold for me then. Thanks for some support, this month's rental is done and I'm down 2% and 9% still, and don't think I'll be re-renting. A bit chagrined that you never responded to describe what you meant me to do with pastebin, but oh well, it's not like I'm out a lot, and I learned some lessons as well. And no longer have access to the log so even if you gave me crystal clear instructions now, they'd be too late. But hey it's cool you're avoiding social media, where your customers are...

 

[nayjevin]

Yeah there's not really any analysis here anymore. Looking at the 12 hour still looks like bubble to me. One thing I keep reminding myself is that whatever price bitcoin is at, it seems like we'll see that price again someday.

 

[muh_roads]

Can you combine all that into an awesome mega bot? lol

Tradewave Rocks! Please forward to interested parties!






litepresence


Lets come together and make Tradewave a hub for cloud bot trading!


Super fast backtests
Compiler that gives you meaningful feedback when your code has errors
Dual Y axis plots
Powerful Python mathematics packages
Minimally resource intensive, no RAM leaks
Multiple servers with 99.99% uptime
Works with any browser
Well organized forum
Low trading latency
Keep multiple orders on the books with one script
Trade multiple trading pairs from within one script with access to data from multiple exchanges
Easily access any candle size from within one script
Backtest plots provide accurate time/price data with 'mouse over'
Did I mention FREE backtesting and $20/mo live trading with NO EQUITY LIMIT?
Tradewave is new on the live trading cloud bot scene with a powerful engine and talented development. I look forward to building some super high quality Python bot scripts in the coming months both open source and commercial. See you there!
Please forward to interested parties.




Crypto Long, More Coinz Short!

Iceberg Limit Orders
2-5-15-30 Turbo Tune
Fire and Brimstone Channel
Aroon MFI VWAP scriptStoch RSI / SARVortex IndicatorIchimoku Cloud
Candlestick Price Transformation
Zero Lag EMA (LazyBear)
Raschke, Ian, and Guppy Oscillators (3 in 1)
Std. Dev Zig Zag Channel with Regression Slope
EMA Differential Correction Code
Breakout Indicator
Linear Regression
Bollinger Banded StochRSI
Example of email logging
MA Slope, Concavity, Acceleration, Jounce
Hilbert Transform
Directional Movement DMI and ADX
Schaff Indicator
Talib.SAREXT Parabolic SAR Extended Version
Zig Zag Indicator
Candlestick Pattern Recognition Indicators; ie "dragonfly doji"
Create list of length=n from left to right and right to left
TAlib Moving Averages by MA_Type
1m Long Wave EMA Cross w/ Bid Size
Thanasis All Indicators Code
Know Sure Thing (KST) Oscillator
Ehlers/Way Zero Lag EMA
Derivative Oscillator and Composite Index
Kaufman AMA Binary Wave
Hieken Ashi Candlesticks
Account Balances and ROI module

 

[PaulConventionWV]

Yeah there's not really any analysis here anymore. Looking at the 12 hour still looks like bubble to me. One thing I keep reminding myself is that whatever price bitcoin is at, it seems like we'll see that price again someday.

Still looks like a bubble? I highly doubt that. The most recent uptrend is still quite strong, and we're not likely to simply reverse and drop in the middle of a bull market, especially with all this good news coming out.

 

[nayjevin]

Gawdam paw how many shoulders this thing got???

 

[muh_roads]

We may still not be out of the FUD woods yet. I'm hearing something about China again but can't get solid info on it. I also bumped my Bitstamp warning because ppl with large amounts of coin are seeing delays up to 18 hours.

I'd view the current price knock-down as a blessing given the amount of retailers coming online soon. If you still want to get more in, watch the price today & tomorrow. It's either the start of FUD or a bottom.

Trade what you feel is best. Uptrend is strong as Paul said.

 

[presence]

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crypto long, more coinz short!


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[presence]

Still looks like a bubble? I highly doubt that. The most recent uptrend is still quite strong, and we're not likely to simply reverse and drop in the middle of a bull market, especially with all this good news coming out.

Be cautious. 7/30 12h EMA cross looks very likely short. I usually hold fiat when that happens for minimum 96 hours.