The Litepresence Report on Cryptocurrency

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LTCBTC SMA32 Day has now crossed to positive

QBr2eOj.png
 
Doesn't seem like the verdicts had any effect on the markets today. The writing was probably already on the wall.
 
Looks like the tumbling has begun after all. I wonder how far down the rabbit hole we'll go.:p
 
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I need to try this.

They take the $500 back at the end of the 30 days. If you lose it all they don't care. If you make a profit you keep the profit after subtracting $500.

I think it is Barry Silbert who is lending the $500. Every single person on RPF should be trying this. No loss risk.
 
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Did you sell? Sounds like you keep adding to your position.
I hold and add accordingly. I've had plenty of time to get mentally adjusted to the price swings, especially after the last year. Sleeping my bitcoin money in fiat isn't something that sits well with me. Not that I take solace in the bear market, I just feel annoyance unlike others who are in despair mode.
 
I need to try this.

They take the $500 back at the end of the 30 days. If you lose it all they don't care. If you make a profit you keep the profit after subtracting $500.

I think it is Barry Silbert who is lending the $500. Every single person on RPF should be trying this. No loss risk.

I looked into this and they want all your personal details including SSN which seems a little steep for the $$ I might be lucky enough to snag on the way out.
 
I looked into this and they want all your personal details including SSN which seems a little steep for the $$ I might be lucky enough to snag on the way out.

Yeah coinsetter is located in NYC so it makes sense. I think it's fine if you know not to mix their coins with yours and properly use coincontrol (custom change address on blockchain.info - always privately label your addresses).

I've been paying my taxes since 2012 so I'm not worried about giving up personal info. I knew I was screwed ever since BFL was subpoena'd, which usually involves having access to all client info as well.

I'm gonna try it if pres' bot works on coinsetter...? pres?
 
Looks like the tumbling has begun after all. I wonder how far down the rabbit hole we'll go.:p

The declining sell volume on the downtrend from $315 is telling. Bears are going to have to cough up a lot of coins to push us very much lower. The high volume area ~$200 during the selloff is going to be a huge support point imo.
 
Be advised:

I'm currently having issues w/ HB2269X running on the coinsetter exchange due to lack of adequate warmup (backtest) data.
 
Overnight SMA34 Day on the ltcbtc pair also crossed over to having positive slope. It joins SMA 15 through 33 all pointing uphill.

This is unprecedented in all of 2014.

BrQnqSp.png





Note here where there was a brief moment of positive slope around Dec 10th... the slope of each MA went positive for about 4 hours then returned negative in procession. Currently, every SMA from 15 to 34 has gone positive and STAYED positive as the others cross:


8LgJUZK.png
 
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Overnight SMA34 Day on the ltcbtc pair also crossed over to having positive slope. It joins SMA 15 through 33 all pointing uphill.

This is unprecedented in all of 2014.

BrQnqSp.png





Note here where there was a brief moment of positive slope around Dec 10th... the slope of each MA went positive for about 4 hours then returned negative in procession. Currently, every SMA from 15 to 34 has gone positive and STAYED positive as the others cross:


8LgJUZK.png

Thanks for the info. I'm still "all in" LTC.
 
Not to scare anyone, but my forecast is a bit bearish. We may see a lower low yet, but that doesn't mean it won't rebound. The bear market can't go on forever.
 
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