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1461  Economy / Speculation / Re: Goomboo's Journal on: February 17, 2012, 02:49:51 PM
Told ya.

I wonder what the backtesting would show if the opposite decision making was done:

When the EMA10 crosses over the EMA21, sell.  When the EMA21 crosses under the EMA10, buy.

Bad things!
You would have been holding from $17, down to $2, and then sold.

Even on the hourly data set?  

Backtesting using the large spike during the summer is pointless.  You could randomly flip a coin to decide to buy or sell and would have won.

Absolutely! That is why I said $17 after the high.

The fast EMA was below the slow EMA 90% of the time during the summer burst. Sure, there would have been a few opportunities, but I think the losses would have far outweighed any profits you would have seen. Think about false cross-overs!

This is the daily (since I can't set it for hourly that far back). But, you can still see that you would have been holding a lot, and very little profit taking



You would have been short for the rise from $.50 to $32.
You would have also been long from the middle of August through the end of October.

No, you'd be long from $0.50 to $15 ish, short from $15 to $2.5, then long again from $2.5 to $6 for a total profit of 132x (>10000%)...
1462  Other / Meta / Re: Detailed Ban Reasons? on: February 17, 2012, 05:02:28 AM
Quote
Welcome to the Bitcoin forums. We're glad to have you. Our number one goal is to provide an excellent place for you to converse with your fellow Bitcoin users.

Rule #1: Use best judgment in all situations. There will be no additional rules.

Please feel free to ask me or any staff member any question at any time.

Also see Newbie restrictions and Post Removal Policy.

https://bitcointalk.org/index.php?topic=15600.0

I used to work at Nordstrom. I guess I wasn't the only one, Theymos? Who authored this?

This is so great Grin
(Perhaps I'm assuming falsely here that Atlas authored all those anon sticky threads in the newbs forum...)
1463  Economy / Lending / Re: [CLOSED!] It just happened. [0] BTC loan request, 15% MPR on: February 17, 2012, 03:54:07 AM
Sent 100 BTC to address as you PM'ed me:
17RiZ1eaAB9e29kuTxTh8UdPyWSiisAyaZ

Transaction number:
4ec97ea3866d03e0c103fdf8d4bba529dd007bfdec32f4a8a60a8fbb15962a0d

Repaying address:
14QrrA4W22pr1EtEB4EeU2gSxwj1SEcECv

Repaying date:
3/17, 2012

Repaying amount:
115 BTC

Please confirm, thanks.

Confirmed. Smiley
1464  Economy / Speculation / Re: Goomboo's Journal on: February 17, 2012, 02:13:57 AM


Wake up all you little Goomboos.



The Couch Strategy is saying BUY BUY BUY! Grin
1465  Economy / Speculation / Re: I'm calling a bottom too on: February 17, 2012, 01:50:43 AM
Up we go! Cheesy
1466  Economy / Speculation / Re: Oh the Cognitive Dissonance on: February 17, 2012, 01:03:48 AM
Nah Im longterm short  Grin

Oh, and I like it when I share a minority view of the market.

Roll Eyes

We've got another proudhon here Sad
1467  Economy / Speculation / Re: Oh the Cognitive Dissonance on: February 17, 2012, 12:54:43 AM
Can you feel it now, Bears? Can you feel the cognitive dissonance now?

Will you recognize it early enough to get your coins back, and perhaps some more?

lol. Dud rocket....

Just wait til the weekend sellers arrive..

You mean the ones that already sold all their coins this week?

Hey Oldminer, even proudhon's more bullish than you.  I'd change my mind if I were you Wink
1468  Economy / Lending / Re: It just happened. 100 BTC loan request, 15% MPR on: February 16, 2012, 11:38:00 PM
bump!  Still 100 BTC left...
1469  Economy / Speculation / Re: I'm calling a bottom too on: February 16, 2012, 10:08:45 PM
I believe this is called a "bull trap."

I hope you meant "bear trap," because bull traps don't go down.....
1470  Economy / Speculation / I'm calling a bottom too on: February 16, 2012, 09:55:59 PM


Major factors
1. The daily RSI has almost hit 30.  This has happened very rarely in the past, and it always leads to a move up!  
2. Depth actually looks pretty healthy right now, contrary to statements by people like Edward.
3. We just hit a major support level -- the 3.8-4.2 range.  

Smaller factors
1. Size of this correction is roughly 50%, important Fibonacci retracement level. (7.2->3.88)
2. Looks exactly like Spring '11.
3. Everyone's bearish on the forums Shocked
4. The big sellers have probably run out of BTC.
5. MACD hit its own long-term support.
1471  Other / Off-topic / Re: [ANN]Legal complaint against bitcoinica.com on: February 16, 2012, 07:33:33 PM
meelba will be joining in on the fun soon Wink
1472  Economy / Speculation / Re: Will we break the wall at 3.9? on: February 16, 2012, 06:46:06 PM
hourly SMA crossed bullish, MACD a lot more relaxed than before, still bullish, but seems a reversal-trend is holding, bear mode should be over tomorror or in the next 2-3 days.

my analysis exactly... we're going to see a momentary upswing even if we continue this correction down to 3
1473  Economy / Lending / Re: It just happened. 150 BTC loan request, 15% MPR on: February 16, 2012, 06:17:07 PM
Who wants to fill the last 150 BTC? Smiley

I can do 43.39138713 at the moment, PM me if interested, please.

Loan has been confirmed Smiley
1474  Other / Politics & Society / Re: Who do you support for president? on: February 16, 2012, 03:42:42 PM
Who are the other trolls who chose Rick Santorum like I did? Grin
1475  Economy / Speculation / Re: myself's secret rocket on: February 16, 2012, 03:32:40 PM
guess price will remain around ~4$ until a new killer app emerges.

LOL no.

I think it's going up, but it might go down; however, one of the things that the price will NOT do is stay the same!  Grin
1476  Bitcoin / Bitcoin Discussion / Re: Bitcoin big earners? on: February 16, 2012, 03:01:34 PM
INeededALoan is doing pretty well Smiley
1477  Economy / Long-term offers / Re: First Pirate Savings and Trust on: February 16, 2012, 02:54:05 PM
Current available space for the savings plan is: 2900 BTC


Preserved for posterity Shocked
1478  Economy / Lending / Re: It just happened. 150 BTC loan request, 15% MPR on: February 16, 2012, 02:44:09 PM
Who wants to fill the last 150 BTC? Smiley
1479  Economy / Speculation / Re: myself's secret rocket on: February 16, 2012, 02:02:46 PM


inb4 a mod deletes my post  Wink Wink Wink

Picture is full of win.  Grin
1480  Economy / Lending / Re: It just happened. 350 BTC loan request, 15% MPR on: February 16, 2012, 01:55:18 PM
Sent 50 BTC, payback as agreed. I'll send you payback address.

Confirmed.
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