The Litepresence Report on Cryptocurrency

[kpitcher]

CUREcoin price dropped by over 50% today on news it may be delisted on POLO. This may be a good time to pick some up for when it recovers.

 

[FSP-Rebel]

 

[FSP-Rebel]

 

[FSP-Rebel]

 

[presence]

full size image
http://i.imgur.com/EtWtCeS.png

 

[bullhammer]

confessions of a trader.......
My crypto account has now officially eclipsed my stock account ,
nice to see some activity on here!

Arise Chikun!!!!!

 

[presence]

• #python 2.7 ; matplotlib
• All active altcoins were analyzed at poloniex.com; past 3 years of 2h data
• 2 hour simple moving averages of period 5 through 1000, stepping by 5, were drawn
• Each moving average was colored in rainbow format; slowest on one end of spectrum; fastest on other

• Rainbows were then sliced into 2 hour chunks and indexed by coin name and unix stamp
• Several hundred thousand such sliced png images 2 pixels by 100 pixels were created occupying several gigs of space
• Approximately 50 days of quad core desktop cpu time were used to create the rainbow slices

• An additional 2x10 pixels of grey scale were added to each image relative to the breadth of the rainbow moving average mesh
• The same process was repeated for BTC/USDT
• The current slice 2x110 pixels of rainbow for BTC/USDT was compared using computer vision to each of the quarter million altcoin slices back in time
• The best matches were sorted by highest correlation coeff
• The most recent 120 days of BTC/USDT data is then plotted in white
• In yellow, best matching historical altcoin data from match date to 60 days of projection was plotted
• The intensity of the yellow represents the correlation of each historic altcoin to the past 1000 2h candles of BTC/USDT data
• Each altcoin was scaled to btc price scale by dividing its beginning price by BTC/USDT last price then multiplying the array by the ratio
• The result is a 60 day ensemble model projection for BTC/USDT based on 3 year historical performance of poloniex altcoins
• litepresence
• April 2017
  
  
  
  full size
  http://i.imgur.com/KEo83KW.png

 

[presence]

 

[FSP-Rebel]

Segwit about to be locked on Ltc

 

[BUTSRSLY]

• #python 2.7 ; matplotlib
• All active altcoins were analyzed at poloniex.com; past 3 years of 2h data
• 2 hour simple moving averages of period 5 through 1000, stepping by 5, were drawn
• Each moving average was colored in rainbow format; slowest on one end of spectrum; fastest on other

View attachment 5710

• Rainbows were then sliced into 2 hour chunks and indexed by coin name and unix stamp
• Several hundred thousand such sliced png images 2 pixels by 100 pixels were created occupying several gigs of space
• Approximately 50 days of quad core desktop cpu time were used to create the rainbow slices

View attachment 5709

• An additional 2x10 pixels of grey scale were added to each image relative to the breadth of the rainbow moving average mesh
• The same process was repeated for BTC/USDT
• The current slice 2x110 pixels of rainbow for BTC/USDT was compared using computer vision to each of the quarter million altcoin slices back in time
• The best matches were sorted by highest correlation coeff
• The most recent 120 days of BTC/USDT data is then plotted in white
• In yellow, best matching historical altcoin data from match date to 60 days of projection was plotted
• The intensity of the yellow represents the correlation of each historic altcoin to the past 1000 2h candles of BTC/USDT data
• Each altcoin was scaled to btc price scale by dividing its beginning price by BTC/USDT last price then multiplying the array by the ratio
• The result is a 60 day ensemble model projection for BTC/USDT based on 3 year historical performance of poloniex altcoins
• litepresence
• April 2017
  
  View attachment 5708
  
  full size
  http://i.imgur.com/KEo83KW.png

YEAH

BUT THAT'S JUST, LIKE, YOUR OPINION, MANNNNN

 

[FSP-Rebel]

 

[fatjohn]

I don't get how - barring any news - BTC and LTC now move in opposite direction. They always went the same way.

Also I calculated the volume to market cap ratio for altcoins using: http://coinmarketcap.com/currencies/volume/monthly/

And the resulst are for ratio of 30 day volume to market cap:

LTC 4 times volume to market cap
ETC and DASH 0.9 times volume to market cap
Ripple 0.7 times volume to market cap
ETH 0.5 times volume to market cap
NEM 0.2 times volume to market cap

I mean there is a message here. I am not certain what it is but I would go for LTC still tremendously undervalued? No coin even comes close in trading activity. By a factor of 5!

 

[presence]

 

[FSP-Rebel]

 

[FSP-Rebel]

 

[FSP-Rebel]

 

[presence]

list of top 24 hour volume coins

# python 2.7


# print list of top polo coins for given base currency by 24 hour volume


# litepresence April 2017


import requests


def topVolume(currency, depth): # public api access


    uri = 'https://poloniex.com/public'
    params = {'command':'return24hVolume'}
    # get raw json from exchange    
    ret = requests.get(uri,params=params).json()
    # create a list of keys in the dict that start with currency choice
    v_keys = [item for item in list(ret.keys()) if item.startswith(currency)]
    # create a list of lists [[v_keys and respective volume],...]
    return24hVolume = [[str(item),float(ret[item][currency])] for item in v_keys]
    # sort by volume, highest first    
    return24hVolume = (sorted(return24hVolume, key=lambda coin: coin[1]))[::-1]
    # convert to list of just asset names; limit list length to depth
    top24hVcoins = [item[0].split('_')[1] for item in return24hVolume][:depth]
    return top24hVcoins




print topVolume('BTC',10)
#>>> ['XRP', 'ETH', 'LTC', 'DASH', 'ETC', 'GNT', 'XMR', 'XEM', 'ZEC', 'STR']

 

[presence]

just exited my dash position

in 555
out 727

woot

 

[FSP-Rebel]

 

[fatjohn]

The crazy thing is... it's still the worst performance of practically all altcoins.

No one is going to tell me that all the altcoins have a better story going for them than Litecoin has now.
Litecoin is the closest to bitcoin with name recognition, with history, with an established user base, with development activity flowing in from bitcoin, with numerous new applications coming thanks to segwit that have been created and peer reviewed by the biggest development community in the cryptospace, namely Bitcoin's.

I'm sure NEM or DASH might do something in the next year or few months, but without even looking into what that might be, I am pretty sure not as many people have sat down and thought about the implications of those new developments as they have for the applications that are coming to Litecoin.

Litecoin is still the cheapest of the alts in my opinion.