The Litepresence Report on Cryptocurrency

[presence]

Presence: Where did you learn to read charts?

I've always had a nack for mathematics; 780/800 SAT; math team etc. in school.

Studied finance in college; it was my major for 2 years before moving to managment.

I traded the tech bubbles.

Interest in PM and currency exchange for a while. Then BTC.



Then I learned to program. I've been able to read several languages for a while while but now I have a strong sense of writing python. Now I also know exactly what every indicator is actually doing algorithmically; I see quirks I didn't see before; have a new appreciation for it all.

Curve fitting interpolation is something I did well with during the tech bubble and it has generally treated me well through BTC. Its kind of a personal art I don't see much about. I might write a book about it one day

 

[presence]

 

[FSP-Rebel]

Wish more RPFers would get into crypto and make a little bit on the side. This is the ultimate libertarian payment system that actually gains value over time rather than the other way of fiat.

 

[FSP-Rebel]

To presence

 

[amonasro]

Wish more RPFers would get into crypto and make a little bit on the side. This is the ultimate libertarian payment system that actually gains value over time rather than the other way of fiat.

Wouldn't it be nice... one chance in your life to frontrun the big banks and everyone thinks it's a conspiracy by the banks, lol.

I've got my BTC longs locked and loaded at $230, will grab some LTC with the profits at the next dip. Looks like this could be a Wyckoff "jump across the creek" moment where enough momentum/accumulation has built up since January to blast out of the trading range. If that's the case and this rally follows through with a lot of volume, it's the last we'll see of $2xx coins, ever.

 

[presence]

On 6/15 the marketplace honeybadger renewed its call of the end of the bear market; the master script flashed "HONEY" again and it reset its panic hold timer for another 25 days. It has renewed this hold twice since purchasing at 235 on may 1; price has ranged 222 to 255 in that time.

In essence, this means that selling in the next month has very low statistical probability of gaining shares.

in 12h btcusd terms, its panic hodl time

 

[presence]

Z12


MARKETPLACE HONEYBADGER UPGRADE


Be advised if you're running the marketplace badger, the master script which sends the signal has been upgraded to version Z12. Z12 will send the same signal to versions Z10 and higher.

The Z12 client has not yet been released to the marketplace; I'm running it personally until it catches its first live signal from the Z12 master to stress test.

Z12 has some minor logic changes over the Z11 version; the next sell point could potentially be different. All LIVE Z10's and Z11's will trade on the Z12 signal; automatically ignoring their internal logic. Backtests, however, of Z10 and Z11 may not be accurate for the next trade.

As soon as the next trade happens and everything goes well with master/client of the Z12 upgrade I will release the Z12 client to marketplace users.

 

[FSP-Rebel]

 

[Crashland]

Personally I don't foresee any Bitcoin moon launch as long as the community keeps spinning its wheels on the scalability/blocksize argument. But with the market being so unpredictable I'm content to just hold for a very long time

 

[presence]

17 14.5

 

[nayjevin]

Personally I don't foresee any Bitcoin moon launch as long as the community keeps spinning its wheels on the scalability/blocksize argument. But with the market being so unpredictable I'm content to just hold for a very long time

I have been encouraged that some of the proposals that are antithetical to libertarian principles (centralization) continue to meet resistance from well-placed leaders of the bitcoin community. Some of the greatest minds are on it. However, I'm a bit sour on the big picture of bitcoin, because as we all know the best laid plans of mice and men often go astray, and particularly if they are centrally planned. Well the bitcoin protocol is decentralized - but the community and development process that determines when and how bitcoin will be changed is essentially a central kind of democratic government with 'consensus' being a vague enough term to be claimed in a wide variety of situations. And since less than half of 'libertarians' support 'libertarianism' we can extrapolate that eventually bitcoin will fail because of human intervention.

 

[presence]

Every indicator, be it charts, moving averages, sar, rsi, the myriad other indicators, news, mining stats, trollbox activity, etc.. is meaningless if you don't have statistically likely hypothesis and strict adherance to your self imposed method.

 

[presence]

 

[presence]

1 week DMI has crossed bull on LTCBTC LTCUSD and is about to cross bull on BTCUSD

 

[fatjohn]

I'm back in BTC.

Sold 00845

845/758 = 11% after fees

I'm back in at 00745 in a week or two.

You still think LTC/BTC is going back to 00745?

 

[presence]

Marketplace Honeybadger ROI and Max Drawdown Actual

https://tradewave.net/strategy/BnplZAgHKS

 

[presence]

 

[presence]

 

[presence]

You still think LTC/BTC is going back to 00745?

no definately not; we're long past "stoploss shares".

I rode 758 to 845 and 970 to current.

 

[presence]