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Showing 6 of 6 results by infognom
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Board Project Development
Re: Bitcoin integration in a hotel
by
infognom
on 13/05/2014, 02:45:20 UTC
I am contemplating, how to design a hotel, which uses the Bitcoin technology in every possible way.

Only taking Bitcoin into account would be a shortcoming. You not only want your customers to use the convenient way of paying their stuff with bitcoin, you probably make them more focus on the value they get out of their bitcoin-spendings. So in fact, Bitcoin needs to disappear and the convenience consumption of goods and services at your hotel at the customer's fingertips needs to get into the focus.

Excuse the branding, but, as an inspiration, look at this experimental implementation of ordering beer at a beergarden and what that process would even make it more simple if things are paid with bitcoin:
https://www.youtube.com/watch?v=blR5wyQMgrk

Here is another example of the smart wineshelf (noy yet in video):
http://techblog.hybris.com/2014/04/25/the-smart-wine-shelf-how-iot-and-retail-come-together/

Bitcoin is not enough. Don't underestimate the effort of letting Bitcoin disappear, focus on the customer's value (getting out of his bitcoin spendings), and not even have a proof of concept, but having it as true working solution for your usecases.

good luck!
Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
infognom
on 21/04/2014, 21:34:33 UTC

Quote
Here is a redraw of the upper resistance line using the built in line tool on BitcoinWisdom. For a chartist, the trend is rather scary unless one makes the presumption that I did . . . April 10 at $340 was the bottom of the bubble collapse.

At least it looks a lot mory scary, if you choose the logarithmic scale ;-)
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Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
infognom
on 21/04/2014, 20:30:25 UTC
Price action is still near the upper resistance trendline - which goes back to the November 2013 peak

Trying to draw the very exact same trendline and i'm struggling, not sure which data you took exactly. I think there are a couple of possible potential lines to draw and you somehow took the most pessimistic one, aren't you? With that i mean the one which is most difficult to break.

The most pessimistic one i could draw was (on 6h chart) 2013-11-30 -> $1163 + 2014-01-06 -> 995. In both cases the top of candle (highest price).

Well that has at least the advantage that it crosses the 16th april candle between high and entry-price at about $544 (little bit more pessimistic than yours) and so it would be more or less ideal for our purpose of a clear trend-reversal-signal ... am i right?!

Any additional thoughts about which points to take in which cases?
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Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
infognom
on 05/04/2014, 18:57:29 UTC

Are you seriously just throwing arbitrary lines on arbitrary graphs?

Nope, i try to catch trends with them. A line is defined by 2 points and these points need to be placed at the tops or bottoms of the candles. Each and every additional top or bottom lying on the line is a confirmation of the trend. This is especially the case, if these additional points fit long after the line has been drawn.

bouncing on horizontal lines is "easier" because that usually relates to resistence-levels.

My line is not an horizontal one, the more i'm suprised i find so many matches, especially on the 1m graph.

So, foody, you're saying it's arbitrary, right?! Why?

P.S.: yes, volume is incredible low, so don't need to be surprised if things change rapidly ...
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Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
infognom
on 05/04/2014, 16:57:36 UTC
Im still suprised. Seem to have chosen a quite good line. This one is on the 1m chart.

http://i.imgur.com/rNiC4Td.png
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Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
infognom
on 05/04/2014, 15:16:20 UTC
Seems we offloaded a lot of offtopic-stuff somewhere else. Time for some long-term-lurkers to leave the darkness and write their stupid first post.

A couple of days ago i started drawing lines and kept them in Bitcoinwisdom and i was surprised when the bounces respect my lines.
I don't care how that pattern is named (should i?!) but that it was respected was cool  Grin

So here are lines:
http://i.imgur.com/ovDZYt3.png

I don't know where the sentiment change exactly is coming from but one can feel it. We're getting more optimistic again and people think the bottom has been reached.

I think the coming hours and days are critical because, even though with low volume, it already broke my upper line:

http://i.imgur.com/6OjVosZ.png