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1  Economy / Speculation / Re: BETI: Bitcoin Exponential Trend Index and technical analysis on: January 19, 2018, 09:39:04 AM
BETI touched zero I think or close to it, I think we need a stronger bounce to avoid the bear. I am looking for strong push above 14500 before i think we are going to ath any time soon.

I think that a slower recovery is more sustainable than a fast one. So I think that the recovery is just fine so far. But yeah, we'll have to wait somewhat longer for the confirmation that we're out of the woods.

In my opinion BETI would fall below zero only in case of some negative fundamental developments that would make investors seriously question the future of Bitcoin. But no one can predict that.
2  Economy / Speculation / Re: BETI: Bitcoin Exponential Trend Index and technical analysis on: January 12, 2018, 03:01:53 PM
Hey, I think you might be right. I did check this by taking the parameters from the very first post and applied them to the 25.-NOV-2913:
Screenshoot:

This way I get similar results as in the graph in https://bitcointalk.org/index.php?topic=470453.msg26855063#msg26855063. It would be great if jl2012 could confirm this.

The question to ask imo is whether we should reallyhold on to the old BETI values (BETI values in the past, calculated with parameters of the past) in the graph, or whether the whole BETI graph should always be based on the newest parameters only. In my opition the BETI graph should only be based on the newest parameters, because the old regression curve was caculated using "less information" (=btc price action after the calculation in that point of time). Thus we need to recalculate the past everytime we get new a/b parameters, thus we need to completely recalculate the BETI graph overtime.

You have a point. However, we have to make decisions right now and not in retrospect. Furthermore, in this case, the new BETI ATH would be 3! This poses a question, if we should adjust our strategy accordingly, i.e. expect that BETI could reach 3 in the next rally. I'm actually not sure what's best and I look forward to your and other people's opinions.
3  Economy / Speculation / Re: BETI: Bitcoin Exponential Trend Index and technical analysis on: January 10, 2018, 09:16:52 AM
Okay, to figure out what's wrong i'd like to check how
 - this post: https://bitcointalk.org/index.php?topic=470453.msg26854986#msg26854986
 - produced this beti chart: https://bitcointalk.org/index.php?topic=470453.msg26855063#msg26855063

Right now things don't add up for me. Please have a look at this:

I took the beti formula linked in the first post and applied it to two dates:
 - 22-DEC-2017, where both formula and chart produce BETI 0,62 [1]
 - 25-NOV-2013, where the beti formula does NOT match the chart [2]

For me the chart seems not to be produced by the BETI formula. Am I missing something or have we been looking at a flawed chart?

-----
[1] https://www.wolframalpha.com/input/?i=ln(13441.46)-(+0.00331615547164061++(+december+22,+2017+to+jul+17,+2010++)%2Fdays-0.118770392977885+)
[2] https://www.wolframalpha.com/input/?i=ln(1100)-(+0.00331615547164061++(+november,+25+2013+to+jul+17,+2010++)%2Fdays-0.118770392977885+)

Perhaps the graph on the chart is based on the historic BETI values, calculated on each day based on a and b values of that particular day? Just guessing. To get the correct answer, we'll have to wait for jl2012.
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