The Litepresence Report on Cryptocurrency

[FSP-Rebel]

Figured I post this cause I saw this guy making his case on Twitter a few days before the last mini-surge and in this video you'll soon see that apparently there was some sort of coordinated whale attempt to pull this thing off. He talks crap about any sort of charts or any of that which is why I'm wondering what pres' bot saw to stay engaged as opposed to what was also happening behind the scenes by these guys allegedly.

Thoughts?

 

[presence]

^Is their a traditional amount of time after selling in such an occasion that the bot sits on the sidelines waiting for the next buy signal? Like 2-4 days or more, just curious?

Yes. Every Honey Badger buy OR sell signal will have an automatic "Hold" after investing/divesting to prevent flash trades of minimum 12 hours... maximum 12 days depending on why the decision was made (its subclass number).

Average hold is about 48 hours... and average time that a trade actually occurs after the hold is lifted is about a week.

There are over rides for all holds depending on the subclass of the next decision.

 

[presence]

dp

 

[muh_roads]

Figured I post this cause I saw this guy making his case on Twitter a few days before the last mini-surge and in this video you'll soon see that apparently there was some sort of coordinated whale attempt to pull this thing off. He talks crap about any sort of charts or any of that which is why I'm wondering what pres' bot saw to stay engaged as opposed to what was also happening behind the scenes by these guys allegedly.

Thoughts?

I disagree and agree with him saying charts don't matter. A lot of people follow the same A-B-C-D-E 1-2-3-4-5 elliot wave patterns. It becomes a self-fulfilling prophecy just because it's the nature of so many people trading that way. The 4H is still a good indicator IMO.

I will agree that trying to chart on the 5m, 15m, etc is a bit like gambling. I don't listen to TeamSpeak but the twitter account for WhaleClubCo posts wayyyy too much. He is a prime example of over trading with his constant 5m charts.

But I don't know a single trader who wins every single time. A good trader knows when to use stops, something I'm still trying to grasp. But when mistakes are made, your coins transfer to someone else. And with a predictable rate of decreasing inflation over time, the coins eventually spread to more hands and become more rare.

Regardless, I'm following him for the hell of it. Thanks for posting.

 

[presence]

I'm wondering what pres' bot saw to stay engaged as opposed to what was also happening behind the scenes by these guys allegedly.

Thoughts?

Someone put sold 1500 BTC w/ market order and put 2 @ 1500 Sell walls behind it at bitstamp today.

I watched them get eaten almost as fast as they went on the books. The whole event lasted less than 10 minutes, see big red candle in middle:

Sometimes whale games do influence markets... other times... not so much.


Sure... you can manipulate markets w/ big orders... but at the same time... you can get eaten.

Either way... if they're successful... a bot sees it... if they're unsuccessful... a bot sees that too.

Bots generally aren't too concerned with price... they're concerned with moving averages and other derived indicators.


Bots do things like... ohh look the little white line just crossed above the orange pink and blue... and they all have positive slope...

BUY

 

[PaulConventionWV]

We may get a pullback to the $215-$220 range, but I'm still feeling pretty good about a run to $270s.

 

[presence]

Keep your eyes on your 4h chart... 10, 30, 60, 90 MA.

30/60 crossed bull a few days ago
10/90 about to cross hard 90 degree bull in the next 24 hours.

10/90 has been crossed down since price was $360.

Honey Badger says hold another 40 hours at minimum.
My gut says 60 more hours.

 

[fatjohn]

Keep your eyes on your 4h chart... 10, 30, 60, 90 MA.

30/60 crossed bull a few days ago
10/90 about to cross hard 90 degree bull in the next 24 hours.

10/90 has been crossed down since price was $360.

Honey Badger says hold another 40 hours at minimum.
My gut says 60 more hours.

So you are still looking at a price rise to 300 in the next two days?
Edit: I think the 10 and 50 on the 4h are more telling. That's when the waterfall started. Same with bitcoin but even clearer to see on litecoin.

What do you think of the 4-day to 80 day moving average.
There have been two periods of approximately 3-1/2 months that the 4 day went under the 80 day. Now we're 1-1/2 into the third period.
If these periods kind of repeat, than we're looking to a rally to 260 in the next days with consolidation around 200 and than a crossing of the 4 and 80 at about 250 in two months time.

Another interesting thing i noticed. When the 2011 bear market bottomed, Mt Gox data was about 500 days old. Therefore, the longest moving day average that you can use to compare that bear market with this one is the 500-day. The bottom then was about half of the 500 day moving average. Here we have already seen a bottom that was less than 1/3rd the 500 day. Sometimes new stuff happens.

 

[presence]

Honey Badger poised for 5th consecutive LIVE profitable trade since start.

Finex at 241.

Honey Badger to dump in about 16 hours.

 

[presence]

So you are still looking at a price rise to 300 in the next two days?

If you look back a few pages... Manually trading, I'm looking for price to approach 275 at a high end in the next 24 - 48 hours. 260 might be a more conservative local top.


I expect a two week decline to 225. Then back to 300 by end of February. I posted an interpolation on page 92 or 93 which showed this...

Then towards mid march a consolidation to 260.

 

[presence]

Here's the link to that interpolation:

http://www.ronpaulforums.com/showth...yptocurrency&p=5754474&viewfull=1#post5754474

 

[presence]

Market order bot just pushed LTCUSD to $2.86 w/ $80,000 order. Okcoin and Huobi basically didn't move.

 

[presence]

I disagree and agree with him saying charts don't matter.

[]

Regardless, I'm following him for the hell of it. Thanks for posting.

Interesting tidbits about Adam Guerbuez

He "owes" Facebook


ONE BILLION DOLLARS


For running a phishing botnet that stole passwords and posted adverts for penis pills.

And his favorite band is Dying Fetus:

[video=youtube;i8Jjy3Zy7kk]https://www.youtube.com/watch?feature=player_embedded&v=i8Jjy3Zy7kk&x-yt-cl=84503534&x-yt-ts=1421914688[/video]

 

[PaulConventionWV]

Interesting tidbits about Adam Guerbuez

He "owes" Facebook


ONE BILLION DOLLARS


For running a phishing botnet that stole passwords and posted adverts for penis pills.

And his favorite band is Dying Fetus:

He sounds like one strange dude.

 

[Crashland]

Quite a bump for litecoin today wow

 

[PaulConventionWV]

https://www.tradingview.com/v/Tn9UOEqm/

Description at link.

 

[presence]

SOLD ~250 @ 1AM EST SUNDAY

[2015-01-25 01:02:00] SELL: BTC (at 249.243 USD)
[2015-01-25 01:02:00] Emailing the strategy owner: "FIAT TIME"
[2015-01-25 01:02:00] Honey Badger Don`t Give a Shit!

 

[Dianne]

SOLD ~250 @ 1AM EST SUNDAY

[2015-01-25 01:02:00] SELL: BTC (at 249.243 USD)
[2015-01-25 01:02:00] Emailing the strategy owner: "FIAT TIME"
[2015-01-25 01:02:00] Honey Badger Don`t Give a Shit!

Thanks for keeping us on top of things !! I missed the $250. sell, unfortunately. We're at $242.00 atm.

 

[presence]

 

[ronmartin13]

I want to use a bot!!!

Pres I've been following this thread since you created it. I am extremely irritated at myself for hesitating with this whole bot trading. Could you direct me to an area where I can catch up on the whats and nots of bot trading. Especially honey badger. I Know I missed some great opportunities, hoping I can avoid missing more.