The Litepresence Report on Cryptocurrency

[PaulConventionWV]

I'm still shorting. I'm a little bit in the red right now, but not worried yet.

[bullhammer]

I'm still shorting. I'm a little bit in the red right now, but not worried yet.

stop worrying and join the "long" side!!!

[presence]

[PaulConventionWV]

stop worrying and join the "long" side!!!

I'm not worrying.

[bullhammer]

I'm not worrying.

ok, so are you on the LONG side yet?

[amonasro]

Still long from $226. Market is in reaccumulation right now; I can't see it coming down from here unless demand completely dries up over the next few days. In that case stops are set to keep a slight profit.

A horizontal point and figure count of the sidways area from 8/18 to 9/2 shows that enough force of accumulation has been built up to advance the price about $40, so $260-$270 is the next stop medium term. At that point the market should show us at least one tall green bar on the daily chart on good volume (a sign of strength) to confirm that the rally has gained enough of a following to push above the $26x resistance area.

[djthistle01]

BTC: http://www.coinstreetnews.com/2015/09/1429/

Astrology:https://twitter.com/DJThistle01/stat...72554301575168

LTC: https://www.tradingview.com/chart/LT...-Litecoin-LTC/ (remember ltc follows btc, generally, and ppc and nmc track with fellow altcoin LTC)

also BTC: https://www.tradingview.com/chart/BT...0-Bitcoin-BTC/

ETH update: https://www.tradingview.com/chart/ET...hereum-ETHXBC/

http://www.coinstreetnews.com/2015/0...-july-20-2015/ : shameless plug

[PaulConventionWV]

ok, so are you on the LONG side yet?

Nope. Just you watch.

[bullhammer]

Nope. Just you watch.

so are you thinking the btc and ltc market will crash coinciding along with the equity markets? (time frame = fed speak next week with the rate decision?)
I think it might be a good short opportunity with SPXU........

[FSP-Rebel]

Nope. Just you watch.

230 -232 on the slope, good call. This could be wreckage or ...

[bullhammer]

Hey LP! whats your take on the current market situation???

[djthistle01]

BLOOD MOON: https://www.tradingview.com/chart/BT...C-Blood-Moons/
+
RETROGRADE: https://www.tradingview.com/chart/BT...ry-Retrograde/
=
dip & up. been calling this fractal since last april. Blood moon always comes after a legit dip. can't fight fractals of life.

[PaulConventionWV]

BLOOD MOON: https://www.tradingview.com/chart/BT...C-Blood-Moons/
+
RETROGRADE: https://www.tradingview.com/chart/BT...ry-Retrograde/
=
dip & up. been calling this fractal since last april. Blood moon always comes after a legit dip. can't fight fractals of life.

The data shown is hardly conclusive. Three retrogrades and like five blood moons don't really a consistent pattern make.

[djthistle01]

what? ok then.......i mean NO data is a perfect match, but come on. Clearly more often than not the retrograde cycle starts of with down side. and clearly the blood moon come after a good downside push. we have a retrograde going into a blood moon. aka, downside into pump.

[PaulConventionWV]

what? ok then.......i mean NO data is a perfect match, but come on. Clearly more often than not the retrograde cycle starts of with down side. and clearly the blood moon come after a good downside push. we have a retrograde going into a blood moon. aka, downside into pump.

You're seeing something I'm not.

The five retrograde examples you posted don't always start with downside. And 5 is a lousy sample size to begin with.

[djthistle01]

You're seeing something I'm not.

The five retrograde examples you posted don't always start with downside. And 5 is a lousy sample size to begin with.

for sure it is a bad sample size. but perhaps you can see what i am talking about now: https://twitter.com/DJThistle01/stat...94769322422272

just like the RSI everything is in relation to the general size of the moving going on, but to me it is pretty obvious. and the 5th and 9th were the last "good" astrological days going into this series of events: http://www.coinstreetnews.com/2015/0...s-sept-4-2015/ , so to me it seemed clear that after squeezing out all those shorts on the way to 250ish that this slide down was set in stone.

[RonPaulIsGreat]

http://chopcoin.io/

Blah, to much investing talk, earn yo bitcorns by eating the competition.

[fatjohn]

It's quiet here.

Chinese markets had a 6.5% spike though between the low and the high today. Looks bullish.

[bullhammer]

I noticed today as the S&P 500 dropped off pretty good.....LTC and BTC actually rose. This could be a indication that the cryptos will catch a bid if the markets crash hard soon, many are predicting an equity sell off in a big way , especially with the bear month of October almost on us!

[bullhammer]

I noticed today as the S&P 500 dropped off pretty good.....LTC and BTC actually rose. This could be a indication that the cryptos will catch a bid if the markets crash hard soon, many are predicting an equity sell off in a big way , especially with the bear month of October almost on us!

not to mention silver caught a bid too, back above 15,

[muh_roads]

I think confidence is rolling back in. Lots of happy people coming out of the ScalingBitcoin conference. Not just about blocksize debate but all the upgrade ideas through Bitcoin Sidechains.

Confidential Transactions Sidechain is the most exciting. The address and amount will both be kept private on the block chain and only visible to who you contract with.

One of the 5 people who Satoshi entrusted with the keys to bitcoin is working on it. Here is the mp3...
http://www.bitcoin.kn/2015/09/dr-bac...-transactions/

[presence]

[2015-09-27 02:14:00] 4 HONEY 232.64 (3)
[2015-09-27 02:14:00] Approaching Subclass 4
[2015-09-27 02:14:00] Dragon Class Unlimited -  Red Dragon is ending, 
[2015-09-27 02:14:00] ((resistance or ma2) > (ma150 or ma90)) 
[2015-09-27 02:14:00] or ma150slope > 0
[2015-09-27 02:14:00]  Price: 233.50
[2015-09-27 02:14:00]  BUY: BTC (at 233.514 USD)
[2015-09-27 02:14:00] Emailing the strategy owner: "BUY OR CRY"

Honeybadger just bought back in today. The current live version of the algo has been holding USD more or less since 8/2 ($280 ish); its traded several times for small loss each since then and each time held BTC for very short periods. Most of those buys were in periods of volatility. This is a buy during consolidation under the "Honey" subclass; not an event within a red dragon; but signifying the end of a red dragon. Holding BTC, stoploss is now down near $208.


Lots of new upgrades since Z15; current version is Z21

• calculates 50% faster backtests
• I can now remotely stop, restart, and live upgrade client bots
• plotting in log scale on 12h candles when backtesting
• client side firewall preventing trading more often than every 18 hours even if master signal is trading faster
• high frequency filters to better refine exact trade times on finer resolution

[djthistle01]

. Holding BTC, stoploss is now down near $208.

you got balls of steel if you hold past 220 LP. Or Bat$#@! crazy. Eitherway there are some nice signals out there yes.

[djthistle01]

after getting the cold shoulder on the retrograde, blood moon, and astro post (which I know WOULD come true) I decided to wait to post since the resistance was noticeable. Well, the dump into retrograde happened, the market reversed near equinox, and then pumped into the blood moon. Every call here was bang on ---> http://www.coinstreetnews.com/2015/0...s-sept-4-2015/

Fact: China runs BTC
Fact: China believes in astology
Fact: Do as the market makers do or perish.

[djthistle01]

US Market tops & the Pope: http://www.coinstreetnews.com/2015/0...-sept-27-2015/
How to spot reversal in CAD: http://www.coinstreetnews.com/2015/0...all-cad-v-oil/

[presence]

[djthistle01]

Alts:
http://coinfire.io/2015/10/04/federal-investigations-of-cryptsy-underway/ <--- Cryptsy is totally $#@!ed. i would expect to see jail time. expect altcoins to feel a bit of downward pressure for 24hrs as random people cashout & leave the exchange.



ETH:
last weeks ETH chart hit the marks perfectly (old: http://www.coinstreetnews.com/wp-con...TH-sept-30.png) (new: https://www.tradingview.com/x/oiYOPqzG/ ) a reversal at 26ish was rejected at 29ish. as you can see the price is butted up against resistance. prefect time to see which way the market breaks to take a position.

OLD



NEW







BTC:
there are some good and bad things happening with btc price. i agree with LP above in that the bots holding should see more up. my concern is that the 1w chart may be consolidating like the 1D has been, there for the chance to see it dip down $10 before going up $30 is in the cards. either way, we are ranging preyy hard right now. it is a good time to trade an alt with volume or hit up 1broker, simplefx, tradersway, etc and trade some stocks & forex while btc chills.









BTC:
http://www.coinstreetnews.com/2015/10/bitcoin-btc-oct-4-2015/

BABA:
http://www.coinstreetnews.com/2015/10/alibaba-baba-oct-2-2015/

GPRO:
http://www.coinstreetnews.com/2015/10/go-pro-gpro-oct-2-2015/

[presence]

1 year ago today

The Slaying of BearWhale

A Hallowed Day - On October 6, 2014, one of the grandest and most brutal struggles ever to grace the tapestry of international crypto-finance occurred. The day before, after several weeks of sinking prices had capitulated in a bear assault, the enemy's most formidable foe emerged. It was a beast rumored to exist, but never seen in its natural, grotesque form. The BearWhale, a mighty creature with a 30,000 BTC ask wall (roughly $10 million), stormed out onto the battlefield. Bulls small and large were crushed under its immense weight. The very Spirit of Bitcoin could be felt buckling beneath the pressure of this immense market soul-crusher.
But Bitcoin was not broken that day. A grueling struggle ensued, and over the course of several hours, the entire BearWhale ask wall was demolished, satoshi by satoshi. The vigilant light of a future without fiat inspired the bull soldiers to conquer this foe, or die trying.

By the early morning, Eastern Standard Time, the BearWhale had been defeated; his ask wall consumed. In its wake, the bodies of fallen comrades littered the landscape, speculation on the source and purpose of BearWhale consumed the narrative, and exchange owners around the world went out for champagne after collecting 0.2% of the bloodshed.
To commemorate this exalted day, ShapeShift.io commissioned two leading community artists to render their impression of The Slaying of BearWhale.
Please take a moment of contemplative silence, and enjoy the artwork. Hang it on your walls (or desktops). Tell your children, and grandchildren. And never forget the sacrifice so many made on Oct. 6, 2014.
The journey to the moon continues.

Share the remembrance of bearwhale with your friends!

Matt Habel

https://www.etsy.com/shop/matthabel
Conceptually, I was trying to capture both the horror and elation of the event. Dumping 30k coins on the market was pretty terrible but it was awesome to see the price hold at $300 for like six hours. It was basically bitcoin's "Battle of Thermopylae" so I wanted to do the spartan thing. I also mixed in ideas from old whaling art and ancient naval battles. Visually, the style is sort of "samurai jack meets ancient greek vase painting.


Christopher Steininger

ChristopherSteininger.com
The BearWhale is like the case where the unstoppable force meets an immovable object. However, the will and evolution of the people will prevail and slay whatever beast is thrown at them. The centralized past is dead and bloated, rotting on the shore with the blockchain genie out of the bottle. But we still need to clear away the corpse.

https://shapeshift.io/bearwhale.html

https://www.reddit.com/r/Bitcoin/com...l_order_being/

[muh_roads]

Something is brewing. Check out the OKCoin volumizer on cny market. That is impressive. They are manipulating the OBV indicator like mad.

Bearwhale anniversary indeed...

[presence]