Biggest problem in using bitcoin is in price instability, this is factor that is stopping many companies and big investors to use bitcoin.if price become stable then more players will join bitcoin.

can you post id of these 2 transaction
did you sent them with enough fees

Funny, he disappeared.

probably yes. 0% fees.

I generally do well during high volatility, however I've gotten pounded on bad currency pair calls i.e. thinking a certain alt coin will rise in value to increase my BTC holdings only to see it does the opposite.

Don't get greedy and be patient. That's my only advice and I do well when I stick to it.

If anyone else feels the same way as you would it even make a difference? And what's your justification for believing the price is going to fall?

Just based on the past behavior of previous crashes or something different?

buy high sell low has provided very consistent returns.

Despite the bad news from China, it seems that this rally has broken beyond the point of considering it a dead cat bounce. The next few days will tell the tale.

My belief is that the announcements made by China will be followed up soon with enforced regulations causing further panic.

At this point, my balance is mostly fiat so I'm obviously biased in favor of believing that another dip is coming in the near future however I would like to hear other people's thoughts on this as well and where you believe the source of this rally is coming from you don't believe it to be temporary. The good news from the US outweighing the bad in China? People who panic sold buying back in?

Bitcoin won't fail, and it won't hit single digits... Doubt double is even possible. There is way too much support and adoption for the technology already and it's only scaling higher. Keep dreaming about your cheap coins which will never come.

I'm calling this bottom @ high to mid 300s. If it strikes that price within the next 2-3 weeks, that's the hot time to buy. Anything lower than 300 is just too much of a steal. I think that 420 might be the ATL that we see, which means most everyone missed their buying opportunity. I am still holding fiat as I am going to take the risk of finding a better opportunity elsewhere.

In other news:

Patterns.

Can you go die in a fire or something

 

I've been following BTC since April 2010.

I disagree with your train of thought. LTC, NMC, and PPC all sustain very original ideas that separate them from each other along with a solid dev team. NMC is probably the most original and might end up being one of the most successful. It's understandably skeptical to believe that .bit domains will become dominant in the near future over alternative domains, but nobody can really predict the future of technology. If the tech and access to such domains were to improve, perhaps a consumer base would be interested in having access to internet and marketplaces outside of the regulation of governments.

I do trade regularly between many of the alt coins on BTC-e mainly because I study all of the charts out of boredom anyway and if I see a strong indicator on a certain crypto, I see no reason not to throw some funds in to test out my theories.

Bull trap? Correction?

Is the default trading fee that you're backtesting with the .6% of mtgox? Or are you using 0% commission fee?

Exchange that charges no fees and has no means of making money in their business model outside of 'donations' sounds like either a scam or destined to collapse and take all of the funds locked inside of the server with it (still a scam).

Hi I'm having some problems with implementing certain functions on ta-lib

When I try to apply RSI(14), the RSI value does not correspond to my RSI(14) data that I am cross checking with bitcoincharts.

Same goes with the SMA, however I am having a separate problem with that as well, I am trying to calculate SMA(200) and I get 'undefined' as the returned value, however when I run SMA(100) and below, the value calculates fine, somewhere between 100 and 200, the function cannot handle calculating that many periods, I'm not sure if it is an issue with ta-lib or the cryptotrader back-end.

For now, I have found a workaround by recursively calculating the SMA, but the RSI(14) value I'm not sure how to fix, maybe I am inputting the parameters incorrectly?

I looked through the API but I could not find anything explaining in greater depth the relationship that the parameters have with the calculation, do you think maybe we could start a github project in order to create documentation and API guide?

Here is my code for RSI(14)


Not entirely sure what role the parameters play, like what would happen if I changed startIdx, endIdx (I have tried changing around the values and can't understand how it impacts calculations)? I'm not sure what inReal is/does either. Sorry, but I am strictly from an engineering background so not too familiar with terminology.

Having trouble getting the RSI to calculate:

The following code:

debug value returns null like so:


Any idea what's going on? Thanks.

EDIT:

Nevermind, looks like the double space matters quite a bit hahaha. Got it to work.

What do you all believe is the current market size of the BTC market?

10 Billion? 100 Billion?