The Litepresence Report on Cryptocurrency

log(10) scale; hovering at about $10

aK4fAwB.png

The cost per transaction of bitcoin is relatively unchanged over time; certainly not "growing out of control".
 
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my algo held through and is still hodling; I was disappointed but I ride on ;) "Bitcoin is so boring", says Silbert
 
I did take a look at it... but I really don't mess with leverage and trade almost entirely via API so I don't visit btce.com much either.
 
I really hate sideways chop.

What are peoples thoughts? It feels like it is entering the distribution phase again.
 
If that ETH bubble implodes I'd imagine lots of money will come back into BTC, like soon. I think we go up.

However, if Classic becomes the consensus I could see some early adopters dump for the hell of it.
 
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Code:
def tick():
    PAIR = info.primary_pair
    
    if (data(interval=43200)[PAIR].ma(30) < data(interval=43200)[PAIR].ma(150)):
            if portfolio.btc >1:
                sell(PAIR)
                
    if (data(interval=43200)[PAIR].ma(30) > data(interval=43200)[PAIR].ma(150)):
            if portfolio.usd >1:
                buy(PAIR)

Code:
[2011-12-19 11:00:00]  BUY: 300.2101471 BTC (at 3.331 USD)
[2012-02-20 23:00:00]  SELL: 299.60972681 BTC (at 4.332 USD)
[2012-04-17 00:00:00]  BUY: 269.85698289 BTC (at 4.80 USD)
[2012-10-27 00:00:00]  SELL: 269.31726892 BTC (at 9.382 USD)
[2012-11-26 11:00:00]  BUY: 205.65006913 BTC (at 12.262 USD)
[2013-06-12 12:00:00]  SELL: 205.23876899 BTC (at 107.301 USD)
[2013-08-14 00:00:00]  BUY: 232.06116104 BTC (at 94.709 USD)
[2014-02-04 11:00:00]  SELL: 231.59703872 BTC (at 801.50 USD)
[2014-05-28 12:00:00]  BUY: 332.58011647 BTC (at 557.02 USD)
[2014-08-02 00:00:00]  SELL: 331.91495624 BTC (at 587.133 USD)
[2014-11-24 23:00:00]  BUY: 511.12308562 BTC (at 380.512 USD)
[2014-12-14 11:00:00]  SELL: 510.10083945 BTC (at 339.80 USD)
[2015-03-08 12:00:00]  BUY: 638.16076614 BTC (at 271.069 USD)
[2015-04-08 00:00:00]  SELL: 636.88444461 BTC (at 248.779 USD)
[2015-06-19 12:00:00]  BUY: 644.88820675 BTC (at 245.20 USD)
[2015-08-20 00:00:00]  SELL: 643.59843034 BTC (at 226.60 USD)
[2015-10-15 00:00:00]  BUY: 577.0207957 BTC (at 252.24 USD)
[2016-01-27 11:00:00] >> [B]Starting portfolio:[/B]
[2016-01-27 11:00:00] >> [1000.00 USD]
[2016-01-27 11:00:00] >> [B]Closing portfolio:[/B]
[2016-01-27 11:00:00] >> [6.9E-7 USD, 575.86675411 BTC]
[2016-01-27 11:00:00] >> [B]Profit:[/B] 225891.50112003 USD (estimated)


1rPSOn9.png



selling the 30*150 12h sma cross is a 2X BTC strategy since Dec 2011


This is the 10X150 cross:
Code:
[2011-12-17 23:00:00]  BUY: 315.45741324 BTC (at 3.17 USD)
[2012-02-16 23:00:00]  SELL: 314.82649841 BTC (at 4.398 USD)
[2012-04-15 00:00:00]  BUY: 286.45060658 BTC (at 4.824 USD)
[2012-10-25 12:00:00]  SELL: 285.87770537 BTC (at 10.80 USD)
[2012-11-19 23:00:00]  BUY: 265.85886622 BTC (at 11.59 USD)
[2013-06-09 00:00:00]  SELL: 265.32714849 BTC (at 107.90 USD)
[2013-08-15 00:00:00]  BUY: 291.54634411 BTC (at 98.00 USD)
[2014-01-31 11:00:00]  SELL: 290.96325142 BTC (at 795.50 USD)
[2014-05-24 12:00:00]  BUY: 451.00479898 BTC (at 512.186 USD)
[2014-07-29 00:00:00]  SELL: 450.10278938 BTC (at 580.513 USD)
[2014-11-14 23:00:00]  BUY: 665.4484151 BTC (at 391.868 USD)
[2014-11-18 11:00:00]  SELL: 664.11751827 BTC (at 374.269 USD)
[2014-11-28 11:00:00]  BUY: 671.90919082 BTC (at 369.189 USD)
[2014-12-09 23:00:00]  SELL: 670.56537244 BTC (at 345.001 USD)
[2015-03-03 23:00:00]  BUY: 841.17442485 BTC (at 274.477 USD)
[2015-04-01 12:00:00]  SELL: 839.492076 BTC (at 239.713 USD)
[2015-04-05 12:00:00]  BUY: 792.60060573 BTC (at 253.387 USD)
[2015-04-10 12:00:00]  SELL: 791.01540452 BTC (at 231.20 USD)
[2015-06-16 12:00:00]  BUY: 727.13037729 BTC (at 251.01 USD)
[2015-08-17 00:00:00]  SELL: 725.67611654 BTC (at 254.815 USD)
[2015-10-11 00:00:00]  BUY: 759.11894314 BTC (at 243.102 USD)
[2016-01-18 23:00:00]  SELL: 757.60070525 BTC (at 384.744 USD)
[2016-01-21 23:00:00]  BUY: 719.21833007 BTC (at 404.466 USD)
[2016-01-26 11:00:00]  SELL: 717.77989341 BTC (at 396.104 USD)
[2016-01-27 11:00:00] >> [B]Starting portfolio:[/B]
[2016-01-27 11:00:00] >> [1000.00 USD]
[2016-01-27 11:00:00] >> [B]Closing portfolio:[/B]
[2016-01-27 11:00:00] >> [283746.85592686 USD]
[2016-01-27 11:00:00] >> [B]Profit:[/B] 282746.85592686 USD

at8OSE0.png
 
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pres what does the bot cost again?

Also what would it cost if I just wanted to listen in on the email alert group without running my own bot?
 
pres what does the bot cost again?

Also what would it cost if I just wanted to listen in on the email alert group without running my own bot?

It depends on how much you need to move, my "micro" package is 1/4 btc for 90 days of access that moves up to $5000.

https://tradewave.net/marketplace/litepresence

I'm still working on a low cost backtest and email only version. Its really not a ton of lines of code so I'll bump it in priority.

What I'm planning is a signal that is 4 hour time delay, sends emails, does NOT move funds, and can be backtested (but not the most recent 4 hours).

You will have to do a small bitpay transaction to cover maintaince of maybe $20 in btc and you'll get 90 days of access.
 
sup yall!

thought i'd drop in and do my biweekly-ish share.

My call to membership is still short since saturns return on christmas.

A private program i use has only just flipped to neutral candles on the 1W. after a bubble it tends to print at least 1 bearish candle first so I agree with LP that more downside should happen. please consider the Monthly switched today so some upside until even the 8th is possible. then it is kinda shitty for a couple weeks, or should be.

Other than market structure and astrology I have also mentioned to members not to get all hyped up until the fork BS is resolved. Chinese miners have threatened to dump btc 1 order of magnitude if segwit is implemented. and they have also said they will do a 2MB patch on Core if Core does not do it. Yet Classic is gavin's and Gavin is satoshi's man. so this is a super shit show right now.

ETH might have a phaaaaaaaat ass dump here, BTFD!!! I see it making the BTC bubble pattern at this point. and they are running fairly inverse. so again if LP is bearish til mid march then ETH can still run right? right! so again, BTFD!

I say bearish to mid march as a ballpark. he said 266. at 11c/hr of bear pressure 266 as a line is march 12. just math not a prediction. prediction is that a lot of math points to that time frame. so buying near equinox, a trend reversal, will be safe....just like in september.

Altcoins have been money. If you wish to trade alts i recommend finding a trending coin with volume and buy the dips on the 1h staochrsi oversold and ride the waves. seems the safest approach. again, high volume markets only. and polo is killin' it. loads of volume.


Great chart to show how risk management works in your favor.
https://twitter.com/StockTwits/status/693840156198096896/photo/1

https://www.youtube.com/watch?v=EpA1C5DJqhw
I came across this build your own bot with an app a couple months ago. however it relies on TV where as LP is from a dedicated platform. this might be a way small cap people can try a bot and then see if they want to take on the better bot LP runs. so i am not trying to say use this over LP's. i am saying it might be a way for people to get used to automated trading and then take the plunge with HB or what ever on tradewave. a cheap test drive so there is no buyers remorse :)

s2aiNSkY
 
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tYZXJau.png

red is 0.75*12h_sma(55)

when bitcoin begins to fall; red dragon; 12h 90>60>30 sma's

then the bottom is invariably 0.75* 12h_sma(55); this holds true for all data back to the dawn


12h_sma(55) is currently at $300 falling $1.50 daily.



Hold fiat.

Buy under 300; shoot for $266.

I call this trade "Purgatory"


RZAfmOR.png

lime is 0.75*12h_sma(55)

When sma 30/60/90 are crossed bear on the 12h, you should spend very little time holding bitcoin and should only buy if

a) OVERSOLD < 0.75*12h_sma(55) +/- threshold

b) STOPLOSS > 12h_sma(30) +/- threshold


and if you buy oversold you shouldn't be holding much more than 48 hours.

qbzX6UF.png

12h sma 30 60 90 150 shown
 
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It depends on how much you need to move, my "micro" package is 1/4 btc for 90 days of access that moves up to $5000.

https://tradewave.net/marketplace/litepresence

I'm still working on a low cost backtest and email only version. Its really not a ton of lines of code so I'll bump it in priority.

What I'm planning is a signal that is 4 hour time delay, sends emails, does NOT move funds, and can be backtested (but not the most recent 4 hours).

You will have to do a small bitpay transaction to cover maintaince of maybe $20 in btc and you'll get 90 days of access.

I'd prefer not to go thru bitpay. Can I pay u directly?
 
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