stamp shows who is da boss, if they dont wanna move, they dont move.
pretty sure the chinese exchanges are the bosses tbh. its actual a very interesting situation at the moment. lets see who will win, either stamp rising or china coming back. How much BTC would one have to send to stamp in order to margin buy out that 280 BTC wall? |
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Guys..
What exactly is the peakiest peak peak all time USD high?
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The pattern could be a tarp..
If I were a bearwhalepig I would break that pattern up to get all the normies buying and then pound on em..
Ya never know.
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Now I don't really claim to know a lot of technicals or necessarily believe in them period but..  |
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There's no correction happening at Huobi.
yeah and it sucks.. I sold my long at 8424 and it hasn't come down for me to buy back in like the other exchanges have.. Still holding all my profits in BTC but no leverage, BTC trading stake currently up 60%.. So not only has BTC gone up like 40% but I have made 60% more BTC at the same time.. I only wish I had the balls to trade with more capitol, more of my stash.. I'm afraid that if I do trade with more that it would effect me psychologically and I would be less successful.. |
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It makes me wonder if the "official" cny/usd exchange rate isn't just a fixed manipulated lie and what we are seeing as a spread between the chinese exchanges and the western exchanges more realistically represents the value difference of said currencies, in the real world..
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any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.
Yep - one here Spooder. That would be fantastic. The crazy thing is, I've tried to explain bitcoin to quite a few people over the last few years. Some have nodded approvingly - but most have been sceptical. But none that I know of have acquired any BTC. I'm watching this rise on my own (so to speak) The one I'm waiting for is $1163 on stamp. And I'm starting to think I might see it before 23:59 GMT. I have spent so much time watching the price over the festive period its embarassing. Where do you guys buy/sell BTC, by the way? I get paid monthly in bitcoin and since Circle shut down BTC sells I have to resort to Coinfloor. It's not bad but still a hassle and you get spanked on withdrawals, of course. I'd check out wallofcoins |
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Huge pantie drop coming that is...
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OMG ITS MOON!!
Wake up an it' beating on the usd all time highs, done passed the cny all time highs..
Sold my long position, will buy back when it crosses ATHs on bitfinex and bitstamp..
What a beautifull thing!!
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The little bump just now looked to come from western exchanges and especially kraken..
Not china..
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I got these Bitpieces today and they look great!
Thanks!!
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Great news!!!
The nazi shit is a bit much though..
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My guess...
wisdom/prosperity/wealth warrior..
Or something to do with cows..
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Winning
Windows 10, definitely losing. Trading on 10 doesn't seem to be any different than my 7 partition... Or do you think trading from a bare bones linux would improve my performance? 10 and 6 charts = my computer doesn't even run it's fan.. cpu 10% but I right click it and tell it to run on my gpu and its super.. Didn't know polo could be that smooth.. Can run like 5 polos at the same time better than my a10 with integrated gpu could dream of running 1 polo.. Is their an optimal OS and browser setup for realtime charts and books? It's not about opsec.. |
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 Winning |
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LOL Who sold at the bottom?  I did prolly 20 times or so but I guess I bought the bottom more often than sold.. |
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If you assume price = constant + superimposed sinusoidal curve, with the amplitude of the curve big enough to trigger buying and selling, then by your method, you repeatedly buy low, sell high, over and over again. Which means you make money, assuming the spread and transaction costs are less than what you earn from buying low and selling high.
Any curve can be represented as a sum of sinusoidal curves, i.e. a Fourier series. Therefore, it becomes mathematically provable that your method, if properly implemented, will cause you to benefit from volatility.
I'd like to see that proof  A couple of problems I see with it: 1) you are talking about piecewise sinusoids (right? reset at each sudden price change?). That complicates any kind of frequency domain analysis. Lots of noise. 2) After a price change, how do you determine what phase (and amplitude) to start the next piece at? If you really did mean fourier analysis of the whole price data, then you would see low frequency cycles with a bit of luck (but too many people already found those, so they're tiny). The sudden price moves add way too much noise to be able to detect anything sinusoidal at day trader frequencies. I think that I understand that your criticism may encapsulate that humans are way too inconsistent in order to make such a system work mathematically as profitable - however, couldn't you program a bot to take out some of the human error and instead of having it set at really close intervals (like they probably do in china with no fees), they set them at intervals like $10 - or maybe more accurately to use percentage moves, like a .5 or 1% move in one direction triggers a sell, and then every equal increment. Then buy backs would be 1% or more below the sales price. Of course, there are variations about what increments to use and what quantities. Percentages would definitely be the way to go, and the optimal percentages would depend on how wide you expect the price fluctuations to be. For example: if you expect LOTS and LOTS of +/- 10% fluctuations, then you're better off buying at the -10% and selling at the +10%. Suppose you model lots of +/- 3% fluctuations with very infrequent +/- 50% fluctuations ... in that case your idealized bot would probably have a pretty complex behavior. Deriving what exactly the ideal bot should do would be a very interesting exercise. If I were to program a high frequency bot I would program it to use the data of the books/depth and not the charts.. Chart shows the past, maybe can predict longer term trends up to a few hours.. Books show the future.. |
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If you assume price = constant + superimposed sinusoidal curve, with the amplitude of the curve big enough to trigger buying and selling, then by your method, you repeatedly buy low, sell high, over and over again. Which means you make money, assuming the spread and transaction costs are less than what you earn from buying low and selling high.
Any curve can be represented as a sum of sinusoidal curves, i.e. a Fourier series. Therefore, it becomes mathematically provable that your method, if properly implemented, will cause you to benefit from volatility.
I'd like to see that proof A couple of problems I see with it: 1) you are talking about piecewise sinusoids (right? reset at each sudden price change?). That complicates any kind of frequency domain analysis. Lots of noise. 2) After a price change, how do you determine what phase (and amplitude) to start the next piece at? If you really did mean fourier analysis of the whole price data, then you would see low frequency cycles with a bit of luck (but too many people already found those, so they're tiny). The sudden price moves add way too much noise to be able to detect anything sinusoidal at day trader frequencies. I trade much higher frequency and thrive on the volatility.. I'd say usually 20-100 trades per active trading hour.. I determine where to start the next position 90% based on what is happening in the books.. The books are constantly changing, so I need to get into the rythem of the certin exchange, stare at the books for 10 minutes or so to get a feel for the waves, enter positions when you see the waves in the books coming to push the price buoy back and forth.. I have found on huobi and ok that their are a lot of book "setups" where they try to make you think one thing and then they do the exact opposite.. Like they will put up a sellwall and buy into it themselves right before they dump, you think it's going through the wall and then WHAM they slam it when everyone is buying.. I flip tons of small price movements and try to stay away from longer term "swing" style trading unless the pattern is painfully obvious.. Like last night I went to sleep at abot 4X margin long and was happy this morning.. Made another 10% today in my morning routine trading for the first couple hours when I wake up.. I wake up staring at the books until I see something I have to have and then it's on.. Also, when I say profits I mean increasing my BTC stash, I could give a crap how much of an alt or fiat I can make but rather just focus on making more BTC.. |
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What is a 'Bubble' A bubble is an economic cycle characterized by rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive selloff occurs, causing the bubble to deflate. ~Bubble Definition | Investopedia http://www.investopedia.comSo totally 100% warranted and then some.. |
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Anyone know why btc-e is lagging so much behind?
iirc something to do with it being so hard to get fiat on and off of there.. What I was told years ago and seems to still stand.. |
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