BETI: Bitcoin Exponential Trend Index and technical analysis

[600watt]

0.5   11017.90
1.0   18165.45
1.5   29949.76
2.0   49378.80

1. have never passed .5 and not then reached 1.5 in 3 previous bubbles.
2. Move from .5 to 1.5 takes about 3-4 weeks.
3. This time no mt gox event, 100 times more on ramps into bitcoin, so expectations of exceeding highest BETI are high.

What is BETI 2.5?

Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.

Good points.
We may see a BETI we've never witnessed before I agree with that.
However it may be smart to start selling a bit (if you want to take profits) on those lower BETI levels like 1.0 and 1.5 as trying to get out at the top will almost be impossible. Expect DDOS and exchange overload. Bitfinex is already having issues with that. Kraken we know is always a mess. And Bitstamp and GDAX also aren't the most stable exchanges in times of extremely high trading traffic.

isn´t beti overall in a slight general downtrend? I mean if you connect the tops...   it indicates the coming beti top to spike around 1.0-1.1

so, only $18000 this time? what a fraud. 

[1714467736]

1714467736

[Wekkel]

so, only $18000 this time?

That has been said before. But looking at where we are, the lack of hype in the Wall Observer thread (only this day it is heating up again a little), the massive increases in Bitcoin-infrastructure since 2013 (e.g., no more Gox) and Bitcoin/crypto awareness (IOTA front page !!), it would be strange for Bitcoin to suddenly lose steam at $18,000 without some kind of 'peak-event'. To the contrary, I deem the scenario that BETI may set a record this time, exceeding 2.5, a lot more feasible.

[600watt]

so, only $18000 this time?

That has been said before. But looking at where we are, the lack of hype in the Wall Observer thread (only this day it is heating up again a little), the massive increases in Bitcoin-infrastructure since 2013 (e.g., no more Gox) and Bitcoin/crypto awareness (IOTA front page !!), it would be strange for Bitcoin to suddenly lose steam at $18,000 without some kind of 'peak-event'. To the contrary, I deem the scenario that BETI may set a record this time, exceeding 2.5, a lot more feasible.

confirmed!

i am going to print "I believe in BETI 2.5" t-shirts

"BETI 2.5 = MOON"

 

[btc4lifer]

What is BETI 2.5?

Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.

You mean something like this? 

https://www.tradingview.com/x/EKyArDRE/

[Biodom]

0.5   11017.90
1.0   18165.45
1.5   29949.76
2.0   49378.80

1. have never passed .5 and not then reached 1.5 in 3 previous bubbles.

not entirely true, see that wiggle in 2011 (went to 0.55-0.57), then back down (temporarily) to zero, but only the last two 'bubbles' might be really relevant, I agree.

A corroborating piece: masterluc redid his graphs, which now predict this runup as a "3" with potential high of 50-70k (later correcting to 10-11K).
I can live with $50-70K high  

Second piece: Novogratz suggested in an interview that Fed might become nervous if we rapidly approach 25K. Not sure how they would transmit this into possible action.

[Biodom]

What is BETI 2.5?

Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.

You mean something like this?  

https://www.tradingview.com/x/EKyArDRE/

yeah!
replying just to show a link because the post is too low res, but linky can be zoomed in

[neilol-real]

What is BETI 2.5?

Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.

You mean something like this? 

I’m expecting something similar, but man when you actually draw it out...insanity

[marcus_of_augustus]

Second piece: Novogratz suggested in an interview that Fed might become nervous if we rapidly approach 25K. Not sure how they would transmit this into possible action.

... FED getting nervous means they MUST seriously consider buying bitcoin for their reserves ... or go full retard financial facist attack.

Put simply, the FED FOMO event begins at $25k.

[jl2012]

Date:   6-Dec-2017
BETI:   0.635
VWAP:   12664.26
x:   2,699
a:   0.003305
b:   -0.108691
Rsq:   0.834423
Expected price:   6711.13
Actual price / expected price:   188.71%
BETI ATL price:   722.53
BETI ATH price:   43446.95
Expected date:   16-Jun-2018
# of days ahead:   192.14
Daily VWAP rank:   1
Next expected price:   6733.35
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.0033050068929633++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.108690753180674+%29   
   
   
   
   
0.5   11064.79
1.0   18242.75
1.5   30077.20
2.0   49588.93
2.5   81758.32

[jl2012]

Starting today I will provide a link to the real-time BETI, calculated with the latest BETI regression parameters and real-time bitcoin price

https://www.wolframalpha.com/input/?i=ln(BTC%2FUSD)-(+0.0033050068929633++(+number+of+seconds+since+jul+17,+2010+12pm+UTC%2F86400%2Fseconds+)+-0.108690753180674+)

Please consider to donate if you like this service:

374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY. This is a segwit address)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

(bookmarking this link is not very useful because the regression parameters change every day)

[RyNinDaCleM]

Starting today I will provide a link to the real-time BETI, calculated with the latest BETI regression parameters and real-time bitcoin price

https://www.wolframalpha.com/input/?i=ln(BTC%2FUSD)-(+0.0033050068929633++(+number+of+seconds+since+jul+17,+2010+12pm+UTC%2F86400%2Fseconds+)+-0.108690753180674+)

Please consider to donate if you like this service:

374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY. This is a segwit address)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

(booking this link is not very useful because the regression parameters change every day)

Is there no way to automate this and serve it up on a site with the real-time chart and all infos you provide?

[jl2012]

Starting today I will provide a link to the real-time BETI, calculated with the latest BETI regression parameters and real-time bitcoin price

https://www.wolframalpha.com/input/?i=ln(BTC%2FUSD)-(+0.0033050068929633++(+number+of+seconds+since+jul+17,+2010+12pm+UTC%2F86400%2Fseconds+)+-0.108690753180674+)

Please consider to donate if you like this service:

374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY. This is a segwit address)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

(booking this link is not very useful because the regression parameters change every day)

Is there no way to automate this and serve it up on a site with the real-time chart and all infos you provide?

It'd take hours to do that and I had time I'd rather spending on dev of Bitcoin Core

[Wekkel]

Perhaps also put up an IOTA address for micro donations.

[TERA2]

[ 11,000 was passed so therefore it must hit 49,000 and in 2 years it will be 1 million ] ... can you pass whatever youre smoking

[RyNinDaCleM]

Starting today I will provide a link to the real-time BETI, calculated with the latest BETI regression parameters and real-time bitcoin price

https://www.wolframalpha.com/input/?i=ln(BTC%2FUSD)-(+0.0033050068929633++(+number+of+seconds+since+jul+17,+2010+12pm+UTC%2F86400%2Fseconds+)+-0.108690753180674+)

Please consider to donate if you like this service:

374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY. This is a segwit address)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

(booking this link is not very useful because the regression parameters change every day)

Is there no way to automate this and serve it up on a site with the real-time chart and all infos you provide?

It'd take hours to do that and I had time I'd rather spending on dev of Bitcoin Core

Fair enough! But the time you've spent over the last three years to keep this thread up to date, too...
It's cool, I was just wondering if it was something you even desired to do or if this part is more fun for you to just post it manually. Carry on! I won't get in the way anymore.

[jl2012]

Perhaps also put up an IOTA address for micro donations.

Thanks but I think Litecoin is enough to serve the purpose of micro donations, and I'm not very interested in more altcoins

[DieJohnny]

Second piece: Novogratz suggested in an interview that Fed might become nervous if we rapidly approach 25K. Not sure how they would transmit this into possible action.

... FED getting nervous means they MUST seriously consider buying bitcoin for their reserves ... or go full retard financial facist attack.

Put simply, the FED FOMO event begins at $25k.

There will have to be some news that will shock the market negatively or Bitcoin will be at 100k in a month or so. Whatever the FED does it will be simply to stall the market long enough for them to buy their own position, similar to the JP Morgan Chase fraud.

Soon the world markets will be settled in bitcoin.

For those on this forum.... Bitcoin has been charging forward mightily.. in the brightness of a thousand suns

However, for the world markets and the old school bankers, Bitcoin is a black swan that is about to destroy the delusions of an entire planet.

[Biodom]

First serious dip occured almost exactly at BETI=1.0 ($18462 on Coinbase)
Someone is reading this thread...
Easy...the ferocity of the overall parabolic move suggests higher BETI numbers.
1.5-2.5 is not out of the question.

[btcbeliever]

There will have to be some news that will shock the market negatively or Bitcoin will be at 100k in a month or so. Whatever the FED does it will be simply to stall the market long enough for them to buy their own position, similar to the JP Morgan Chase fraud.

Soon the world markets will be settled in bitcoin.

For those on this forum Bitcoin has been charging forward mightily in the brightness of a thousand suns

However, for the world markets and the old school bankers, Bitcoin is a black swan that is about to destroy the delusions of an entire planet.

How poetically written!  And how amazing the times we are living in!  GO BITCOIN, WIPE OUT THE CRIMINAL BANKERS!

[birr]

Ironically, Bitcoin isn't going to wipe anybody out.  It will simple cleanse their consciences so that the cupidity and hypocrisy they have historically exhibited will fall away, and they will be reborn.
Some people don't want to leave the old, dark ways behind and emerge into light.
The brightness of a thousand suns, indeed.