The Litepresence Report on Cryptocurrency

[muh_roads]

He should have brought a counter claim for the 2k, those judge shows pay whatever they're after. The fine print disclaimer at the end of the show says all parties are paid by the show.

Still the judge seems very rude to not even hear further info. Although... why the guy went on the show in the first place is beyond me unless he just wanted the guy to be paid off without it coming out of his pocket.

Man in the middle attacks are very real. I was victim to one and went through $20K in identity theft because of it a few years ago. It is surprisingly easy to open a checking account online in someones name without being at a branch in person. It was a mess. Filing police reports. Dealing with fraudulent CC's.

 

[presence]

I'm pretty sure we're all in clean under BTCe 320. I was on 51 minute latency; so I was probably last in.

 

[bullhammer]

good to see mate! hi ho crypto!

I'm pretty sure we're all in clean under BTCe 320. I was on 51 minute latency; so I was probably last in.

Hi Ho Crypto!

 

[bullhammer]

check this out guys!
https://youtu.be/SIfxFxnCqCo

you can now tele port cryptos soon!

 

[presence]

Honey Badger moved to USD again this morning

master at btce:

test slave at finex:

 

[presence]

Images may extend off edge of screen; *right click view image*



this is the live master. note the light blue line at the top turning downhill. Thats my "resistance" line. Also note its descent is accelerating.

Note the historical significance of resistance turning downhill twice before during 2015, now in lime green here:

bodes moar coinz short

 

[amonasro]

Pres, hope you don't mind me posting my crazy brand of analysis.

I jumped in a long at $328 Wednesday and out at $338 yesterday. The rally didn't gain much of a following and went sideways into a little distributional formation. I can't see it immediately jumping to $400 because the buyers from the high-volume parabolic arc will want to get out at breakeven, stopping any rally cold. On the other hand there is solid support near $300. We may be stuck in a range, which are incredibly frustrating to trade because supply and demand are in relative harmony and speculators are able to move the price easily. Eventually one side gets the upper hand and the proper trade entry point becomes more clear.

Here's a chart indicating what I mean: the price just whips back and forth without a trend forming in either direction, each structure setting up a move to the next. Also notice the structures within structures. The point & figure chart takes time out of the equation making it easier to see the raw price movements.

 

[presence]

Pres, hope you don't mind me posting my crazy brand of analysis.


We may be stuck in a range, which are incredibly frustrating to trade because supply and demand are in relative harmony and speculators are able to move the price easily.

Yes. I agree. You have to treat this at a higher frequency.


if 12h sma2 > 12h sma30, then I call (bull)
if 12h sma30 < 12h sma60, then I call (bear)

Until then... I'm watching and playing the interaction of the higher frequency 30m sma 8 24 48 and 72



I like the P&F chart, where did you do that? tradingview?

 

[amonasro]

I like the P&F chart, where did you do that? tradingview?

Yep, Tradingview. I don't see P&F charting used much but they are very useful. It's the first thing a new trader should learn imo.

 

[presence]

 

[presence]

 

[presence]

Honey Badger marketplace edition has been trading at higher frequency this past week. We're holding BTC again as of this morning.

each sell/buy is about 3% coin gain

 

[muh_roads]

Lies. WageCan beat them to it.

Although this one is probably more "legal".

 

[BUTSRSLY]

I'm selling the hype and calling this a bubble,

FEG

the amount it goes over 325 is the amount of insanity in the bitcoin community.

EVEN A BROKEN DOG SHINES ON A CLOCK'S ASS SEVERAL TIMES PER ANNUM

 

[BUTSRSLY]

Confirmed via backtest

THANK YOU FOR THE TIP ON TRADEWAVE

I MAY SOMEDAY BE A RICH MAN

MR. LITEPRESENCE, SIR, IF YOU WOULD, WILL YOU PLEASE EXPLAIN TO ME WHY CORN != FEG

IF LITEPRESENCE LIKESCORN()
BUY(CORN,FEGGY_AMOUNT,HOPIUM_PRICE,NONE)

 

[presence]

MR. LITEPRESENCE, SIR, IF YOU WOULD, WILL YOU PLEASE EXPLAIN TO ME WHY CORN != FEG

CORN = FEG

CORN^2 = CORN*FEG
CORN^2 + CORN^2 = CORN^2 + CORN*FEG
2(CORN^2) = CORN^2 + CORN*FEG 
2(CORN^2) - 2(CORN*FEG) = CORN^2 + CORN*FEG - 2(CORN*FEG)
2(CORN^2) - 2(CORN*FEG) = CORN^2 - (CORN*FEG)
CORN*2(CORN^2 - (CORN*FEG)) = FEG*(CORN^2 - (CORN*FEG))

FEG = 2*CORN

 

[kfarnan]

Wagecan is awesome.

 

[presence]

 

[presence]

I have trouble charting us deep into the future; outside of our consolidation channel.


Best to just stay on the right side of 1h 7/30 until the converging 12h 30/90 makes up its mind.

 

[presence]