Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33174.

CoinEntropy

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Quote from: 4mherewego on June 12, 2013, 04:04:25 AM

Quote from: CoinEntropy on June 12, 2013, 02:59:27 AM

Can someone please explain to me how the Kelly Criterion applies to cryptotrading, e.g. BTC on BTC-E

http://www.youtube.com/watch?v=IyATmCJf4fc

The formula is there, but how do I apply it?

Kelly Criterion is mainly useful when you can estimate the expected value of the investment which you can't with bitcoins.

Couldn't you assume 'realistic' estimations, such as 1 - 5 dollar increases in value?

4mherewego

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Quote from: CoinEntropy on June 12, 2013, 02:59:27 AM

Can someone please explain to me how the Kelly Criterion applies to cryptotrading, e.g. BTC on BTC-E

http://www.youtube.com/watch?v=IyATmCJf4fc

The formula is there, but how do I apply it?

Kelly Criterion is mainly useful when you can estimate the expected value of the investment which you can't with bitcoins.

micalith

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walzilla flickering in and out at 105.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Rampion

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Bid and ask sum stable. Volume decreasing. Triangle closing.

I would close any long position.

rdsc

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This was the 10/21 crossover early on June 10 - I missed it because I was asleep but it seems to be holding
[/quote]

the spike made the crossover, the crossover did not make the spike.
[/quote]

Aha! - Got it
http://s1.postimg.org/5n2400mhr/Screen_Shot015.jpg

rdsc

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Quote from: lucas.sev on June 11, 2013, 07:10:02 PM

But it was two buys (400+5000) which pushed us to 110. Not "people following goomboo"

EDIT: well well well

EDIT2: It looks like one sell is executed - like 700BTC, which causes -3USD slippage, and then soon after price is corrected to +3 via a 170BTC buy. Nice way of dumping coins.

It was a 27K spike?

ChartBuddy

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CoinEntropy

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Can someone please explain to me how the Kelly Criterion applies to cryptotrading, e.g. BTC on BTC-E

http://www.youtube.com/watch?v=IyATmCJf4fc

The formula is there, but how do I apply it?

lucas.sev

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Quote from: Rampion on June 12, 2013, 02:04:59 AM

Asks piling up all the way to $110. The sellers will become nervous sooner or later, there are too many coins till $110 and no buying pressure whatsoever. Someone that bought from $100 to $105 has to decide wether to sell at a profit at $108 or panic sell and probably lose money if a seller get tired to wait and dumps as few coins as 700-800, pushing the price down.

There are also over 4k coins bought at 110 after failed attempt to channel the price into the 110+ range on the June 10th, this guy can't wait to get out and is just waiting for enough support Grin

zebedee

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Quote from: KS on June 11, 2013, 07:25:22 AM

I think the 2.5% is because they can't exchange the fiat directly and need to go through their bank (legally, not technically), so it's simply to discourage the practice (higher costs, more work for them) but it was argued they're just greedy.

I think it's probably a bit of both

If you think they don't get a significant cut of that 2.5%, then you're naive, and I'm sure they love you as a customer.

Rampion

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Asks piling up all the way to $110. The sellers will become nervous sooner or later, there are too many coins till $110 and no buying pressure whatsoever. Someone that bought from $100 to $105 has to decide wether to sell at a profit at $108 or panic sell and probably lose money if a seller get tired to wait and dumps as few coins as 700-800, pushing the price down.

ChartBuddy

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Rampion

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Quote from: ineededausername on June 11, 2013, 08:31:03 PM

I wonder when Loaded will come back to stop the downturn. Perhaps we need to say his name three times.

Loaded, Loaded, Loaded!

Loaded = The Winklevoss twins? Cheesy

Anyhow, he just comes here to say "this is going to be an interesting week"... Las time just after the San José conference. And that week nothing happened, it was boring as hell Cheesy

wonkytonky

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well if we go up.. support wasnt there over 100$ to realy push .. i reckon it's going up for a bit due to panic buying.. .. and then crashes back ... to 90's.. (the week after that probbably a deeper crash).

if we go down .. people will withdraw their bid offers hoping to catch at lowest price.. i'm just boldly guessing 78 - 80 (i dont see 30 -50 happening .. there was a good buy power at 88 -90)

so in my little mind.. i'm just not buying yet.. until it goes below 90 ..

then i'll be all in

SGExodus

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If we are expecting another weekend dump, shouldn't people be selling all their coins now, and re-buy back on Sunday?

ChartBuddy

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BTCThousandaire

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Everyone just take a break, come back Saturday night.

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Frozenlock

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Mysterious walls at Cavirtex are now gone.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33174. (Read 26496979 times)