[Daily Discussion] Monday, February 19, 2018 Bitcoin Markets |
- [Daily Discussion] Monday, February 19, 2018
- I posted the Bitcoin word frequency/association bubble chart the other day. Here's the chart for today and the website I made to generate charts for various assets including over 2500 companies and multiple top cap crypto currencies
- Crypto Resources Megalist
- Buying bitcoin with paypal
- The effect of whales and why news don't matter so much
- Let's get real: How much have you made/lost from bitcoin total?
- As requested, I complied commentaries by IBM executives on the blockchain. They are even more bullish than I thought!
- My EMA calculations are slightly different from those on TradingView.com and I can't for the life of me figure out why.
- heritage systems
- Consolidation phase
- Did I Invest In A Scam?
| [Daily Discussion] Monday, February 19, 2018 Posted: 18 Feb 2018 08:06 PM PST Thread topics include, but are not limited to:
Thread guidelines:
Other ways to interact:
[link] [comments]  |
| Posted: 19 Feb 2018 07:11 AM PST Bitcoin chart: https://i.imgur.com/od1DjV2.png Website: https://quikfo.com/wordmap.php?q=BTCUSD You can also follow the system on Twitter @myQuikfo, it posts long and short picks every morning at ~7:30am. Please keep in mind this whole thing is in beta though, so when an aspect of my system crashes shit can hit the fan and the twitter may post nonsense. Please note: this is a free service and will continue to be. I also have no money for good hosting and have absolutely no idea whether it will be able to handle a significant spike in traffic... hoping for the best! Also, just to make sure I'm complying with rules, I'm disclosing that this is my project. I'm building this system for my undergrad thesis and wanted to deploy a front-end UI for it. The radius of the bubble is the frequency of occurrence of a word, the hue of the bubble is the positive or negative severity (green being good, red being bad). I made a system which tracks article headlines & social media posts for the SP500, Russell 2000, and some top market-cap cryptos, then keeps track of word association vs next-day performance, and finally uses Bayesian classification to come up with a score for each asset or security, based upon its current headlines, which indicates the likelihood that the price will rise or fall over the next day. The system works quite well so far. Looking back on the SP500, for example, the optimal trading strategy has been to buy at market open and sell at market close anything which is scored >=85. This strategy would have returned >12.5% since trading began on 12/1. I'll be building out a full API for developers who want to use this data themselves. Bear with me on that. And yes, I'm aware that some of the positive/negative word associations seem crazy. How can a good word be bad or a bad word be good, one might ask. Well all this does is indicate that when a word appears, it more often than not leads to a specific market movement. One could notice that 'Fraud' is particularly green...perhaps this is because when everyone is talking about fraud, then it's already priced in and may have found a bottom. The question of why can't really be answered by the system, that's more up to the inferences of the user. Looking for feedback from the community, please let me know what you think. There is tons of data being collected that I haven't even gotten around to building a front-end interface for. The possibilities are endless and I would love to tailor the project based upon the direction that this, and other communities, would like to see. Thank you! [link] [comments]  |
| Posted: 19 Feb 2018 12:43 AM PST Hey guys, I wanted to create the best list of cryptocurrency trading tools out there, I know there are a couple already but I wanted to make sure there was no low quality sites.. each site has been used and tested by myself for at least 2 or 3 months. I would love any suggestions you guys have for sites and tools to add to the list, I'll pick the ones with the most upvotes to add. [link] [comments]  |
| Posted: 19 Feb 2018 09:18 AM PST I need to buy bitcoin worth $80, I can pay right away with PayPal. Any offer? [link] [comments]  |
| The effect of whales and why news don't matter so much Posted: 18 Feb 2018 04:10 PM PST Let's discuss about this a bit. On the news today there was this Bodog guy that is building a resort in Antigua for $100M funded entirely by Bitcoin. Apparently this guy sold a lot of dozens of millions. Probably he would use some dollar cost averaging but that means that he singlehandedly drove the market down during days while we were busy asking ourselves if it was the Korean news or what or making a technical analysis. The problem with technical analysis and all these is that they don't factor in that if it's a single source of market turbulence then when he sold all he wanted it stops. This is never taken into account because all models think that it's many people doing it. [link] [comments]  |
| Let's get real: How much have you made/lost from bitcoin total? Posted: 19 Feb 2018 09:56 AM PST Approximate if you have to but try to be honest. When did you invest? how much? Any sales? Etc. [link] [comments]  |
| Posted: 18 Feb 2018 02:38 PM PST Hey guys, happy long-weekend (for those in the US) and CNY. Yesterday, after posting my article on blockchain commentaries made by public companies, someone requested that I go deep into IBM, who has been making some noise about their blockchain initiatives. I went through their latest earnings call and several conferences through 11/8/2017, and complied a good amount of very informative commentaries. I knew IBM was very bullish about the technology, but they are even more bullish then I anticipated! Anyways, I hope you guys find the below article helpful. I started my blog as a side gig at the beginning of the year in order to add value to the community. So, I'm here to serve you guys so please let me know of any feedback or requests! I'll try to get back ASAP (after taking care of my day job and 2 toddlers ; ) [link] [comments]  |
| Posted: 18 Feb 2018 02:07 PM PST I currently get the current Price via websocket and log them to a database once per minute. I then pull every 60th record from that database (starting at the most recent & going back 12 hours) to get my internal "hourly chart" and apply an EMA on those points. However, when I compare my EMA values to those on TradingView.com for the same period/smoothing, my numbers differ, sometimes quite a lot. For example, right now for a price of €8714.00 BTC/EUR 60 on TradingView shows an EMA(9) of €8733.15 and an EMA(24) of €8737.15, but my software shows €8730.47 and €8702.52 respectively - which not only are quite different but also a much wider gap between the two. Can anyone shed any light? [link] [comments]  |
| Posted: 18 Feb 2018 01:06 PM PST RANT: Why is everything still done in candles and units of time. I've just been getting into OBV as an indicator, but you get different kinds of line for different time periods - because it's calculated on pre-determined (arbitrary!?) units of time. Surely there's just one answer - the amount of sellers (those that met the buyer's price) vs sellers. Time-frame independent. I also think candles are a pointless relic of the past, but each to their own on that one. They're kind of cute. For those of you that don't know - the exchanges pump out streams of data on every single trade. The charting sites then reduce that data. To be fair, there is a lot of data. bitcoincharts.com has a special place in the ecosystem because it allows you to see every little detail (well, still compressed to 1m bars) of past action. This for example is the epic day in 2013 when the 2013-A bubble popped from 260 to ... fuck all. An exciting day, definitely. This is a short extract of data from bitstamp - three trades in one second. I don't know what the maximum is. Sometimes you can go 5 seconds without a single trade. Just to show you the level of detail that exists. "amount": 1.35, "timestamp": "1518393631", "price": 8090.81, "type": buy This was just a rant with not greater point than - it's amazing how much legacy analytical stuff we still use (and even... accept). [link] [comments]  |
| Posted: 18 Feb 2018 04:56 PM PST Is it possible that Bitcoin could go into a months long consolidation phase? If it did, would it enable investors to assess the market better and act less emotionally regarding price, leading to more stable growth and a better overall future price outlook? What would it take for that to happen? Can the market now stabilize or is everyone still too wired on adrenaline and winnings for rational price discovery? [link] [comments]  |
| Posted: 17 Feb 2018 01:35 PM PST The title is a question that many people do not seem to ask themselves. It is a mistake that could make you bankrupt. You don't want to invest in a coin thinking in the back of your head "Is this a certified coin" "But it's on an exchange, so it must be legitimate". Do you really believe that? The cryptocurrency sector is still flourishing and there have been many times when exchanges, please do not name them in the comments, have been known to take your money and intentionally or by accident put up a scam coin into their exchange. There is a solution. It should only take you two seconds to find out whether a coin is safe to invest in for the short or long term. I have just started a subreddit called /r/coinjudge where coins present their evidence and they are added to a database of scam coins. The website is listed on the subreddit and searching it, is as simple as using google. Now It's only fair that I talk about the cons of coinjudge: We are still new so most coins have been listed as undecided, if a lot of people submit coins, then more coins can be accepted or rejected based on evidence and unanimous decision. There is a service out there already like us, it's called shamcoin. Where I think we differ, is that we will never ask you to buy our tokens. How can we fairly judge other coins, when we have our own. It's also a fact that the UI on our site is simpler to use. Some good coins have not been automatically added because I did not want to be bias. This is my fault as I refused to simply just add a coin because I heard someone say something good about it. If I have not researched it for more than a day, it will have the status of "undecided" on the website. If you can think of any more disadvantages, then comment below and I will answer your questions. Coinjudge Will stop devious scammers from taking your money in ICOs, forks and exchanges. Exchanges will be added into the database in the near future. Our goal is to be a firewall between scammers and your hard earned money. We now have added exchanges and addresses. So you can now report fraudulent Exchanges and Addresses [link] [comments]  |
| You are subscribed to email updates from Sharing of ideas, tips, and strategies for increasing your Bitcoin trading profits. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment