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Month: March 2019

The Sunday Recap – Down the Rabbit Hole 20

March 17, 2019 Published by

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While Bitcoin traded sideways, many altcoins have begun to move. Trading volume remains elevated. Meaningful? Time will tell. As to the cryptoverse – busy as always. Lots to take-in as projects continue to develop, iterate and expand.

Pick of the Week

​Crypto Bobby discussing the many reasons why blockchain and cryptocurrency has a positive long-term outlook. Not one to get over-excited Crypto Bobby lays out a convincing array of developments that point towards a bright future.

Twitter

Links to a slide presentation by Nic Carter on BTC’s performance as a monetary system (recommended):

Slides from my talk at the MIT Bitcoin Expo. Please overlook the fact that the

Litecoin Still Outperforming the Market

March 17, 2019 Published by

Relative strength is something I speak about often and with good reason!  When a crypto is acting stronger than the broader market, what do you think will happen when the whole market catches a bid?
Litecoin Not Pulling Back Like The Rest
If you look at the chart in this post you can see the positive price action Litecoin has had in recent months.  Higher highs followed by higher lows consecutively.
Over the past week other alt coins that made a run have pulled back, but litecoin has mainly held steady with just a red candle today after a very shallow pullback if

GameStop…Is The Next Blockbuster

March 17, 2019 Published by

I’m assuming you know the whole story about Blockbuster’s demise due to Netflix.  But in a nutshell, Netflix went digital and ended Blockbuster’s physical distribution reign.

Source

GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons.

Do you see where I’m going with this post?

Second-hand games are a multi- billion dollar market.  Yes, GameStop has most of that market share, but the opportunity breeds competition.   Not

Is Dash About To Dash Higher???

March 16, 2019 Published by

Dash is based on the Bitcoin software, but faster, more secure and more private than Bitcoin.  Those 1st generation blockchains that don’t get upgrades, will certain be left in the dust by the 2nd, 3rd and 4th generation blockchains.  For example, on Dash when sending funds, one can select the “Use InstantX” box and their transactions will be done in less than 4 seconds.

The creator of Dash is Evan Duffield who by the age 15 years old, began in programming computers.  By 2013, Evan had begun to follow Andreas Antonopoulos and a few other prominent Bitcoin figures where a huge topic of discussion

HOLO [HOT] is becoming warmer…

March 16, 2019 Published by

I do not want to talk about the fundamentals of this very interesting project but I recommend you to read the information of HOLO and the HOLOCHAIN project here .

Besides, under a pure especulative view, HOLO is becoming [HOT]ter!!!

We have a nice cup formed and a handle on going, if HOLO [HOT] manages to break the upper blue line, the target can be 0.003 USD from the current 0.0012 USD.

 

Not too shabby at all.

Enjoy!

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of

Crypto (Led by Litecoin) $LTC Continues Grinding Higher

March 16, 2019 Published by

It has been a long time coming, but you can see each day Litecoin continuing to lead this move higher. I mean barring any exchange hack, there is about a 90% chance crypto spikes here IMO. About a month ago I wrote that $50 LTC was pretty much a given with that igniting bar (https://mentormarket.io/cryptocurrencies/heyimsnuffles/i-mentioned-yesterday-ltc-litecoin-will-lead/ ). It has held this ever since and is continuing higher.

There is ZERO reason to be selling crypto right now unless you need to pay for medical service or put food on the table ( and food is questionable) Next target will be $65

Steem Monsters is broken // I did not get any goldfoil cards this season end.

March 16, 2019 (updated March 16, 2019) Published by

I just wanted to complain a bit more how unlucky i am lately when playing Steem Monsters.
Seemed like the thing to do.
I opened 50 damn cards and got barely a couple dollars worth. Its a disgrace! My card clicking finger is getting chopped off.

Did I ask too much? More than a lot? You gave me nothing, now it’s all I got.

Yes. You gave me rusty androids and Highland archers when all i want is a gold foil Ruler of the Seas!
Damn this game!

Fine. FINE! I still have Drug Snores. Almost at 0.4 STEEM per day right now. It will literally only take me 3000 years to earn myself a Lambo from playing this game. Did the math.. Lowest price of a Lamborghini Huracan is 200 000 USD.
I havent intended on living past 2500 but now it seems ill have to. Thats why i got in this game. For the hoes and the Lamboes.
And i aint quiting till i get them.

LOL. I just had no idea what to write about today. haha. So you get this nonsense.

Ill see you around. Keep on … 😀


Bitcoin Technical Analysis: BULLS TAKE ANOTHER SHOT AT RESISTANCE

March 16, 2019 Published by

Bitcoin is finally testing heavy resistance between $4,000 and $4,120 (Coinbase). A decisive break above could signal the start of at least a temporary bull run, while another strong rejection may lead to lower lows.

The daily RSI is looking bullish. There was strong resistance at 53.5 for months. That resistance appears to now be acting as support.

Shorts remain stacked while longs are relatively unchanged.

Looking at the daily chart, we can see the 8 day EMA remains on top of the 21 which is on top of the 55 day EMA. They’re starting to fan out which is bullish. This signals

Oil At 4 Month Highs…What’s Next???

March 16, 2019 Published by

Venezuela has the world’s largest proven oil reserves, but the country is in turmoil and has been for years. With little to no investments and US sanctions, analysts think their output will dwindle to less than 1 million / day.

Source

However, that didn’t stop oil from extended its weekly rally to a fresh 4-month high. Oil did eventually cool of a bit after prices hit a 4 hr supply zone on Friday.

The oil prices remain a supply and demand equation. Oil use in China, the world’s biggest importer, in the first two months of 2019 rose 6% from a year

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