Crypto – return of the contrarian indicator markets?

Read carefully, If I’m right about this then it’s big news.

As an asset class, cryptocurrencies have yet to establish their independence. They have yet to prove themselves to the markets of the world. I think that the time for crypto to gain serious recognition and credibility in the eyes of the world may be upon us.

For the purpose of this article I’m going to use Bitcoin as a representative of cryptocurrencies as a whole.

History

In the past BTC has tracked the movements of the major stock market indicators. After studying this phenomenon for some time, I found that it seems to

AMC Entertainment Holdings, Inc. Might Become An Afterthought

AMC Entertainment Holdings, Inc., through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally.

Source

AMC Entertainment (NYSE:AMC) reported its latest quarterly earnings results last Thursday, that topped Wall Street estimates.  In particular, the company posted a yearly revenue of $5.46 billion, a 7.5% gain over the $5.08 billion from the year-ago quarter. And for its fourth quarter of 2018, the company brought

I mentioned yesterday… $LTC Litecoin will lead!

Litecoin is rocketing higher after holding above the 200 day MA here this morning. I mentioned yesterday that LTC may be A LEADER. Not THE LEADER, but A LEADER.

This morning it is CLEARLY the leader across the crypto board regarding % increase in the rankings. The chart looked the best as LTC was holding much higher gains compared to the others and it is showing this relative strength right now.

Don’t sit around and wait…the train is leaving the station baby!

Scripsio Improvements – March 5, 2019

As Scripsio slides out of alpha and into beta, we have quite a few improvements to the site. Here are just a few of the most recent ones.

Many noticed that formatting never quite looked right. Headings, bold, italics and other features would seem to be great in the blog editor, but became something different when posted. We think we have a handle on that now.

Remember, you can post regular streaming content on Scripsio at any time. It’s simply a social site, complete with groups, chat and social streaming. You can also make blog entries, which can go to Steem as well. Come check it out. Learn more, including about our vote sharing, on Scripsio’s About page.

You should see a more intuitive layout on phones and tablets. While we have a ways to go, we’ve put some work into improving the experience.

Some alignment issues were addressed. It was more obvious on mobile.

Some of you were tying in the wrong email, so would never get the verification. tsk tsk… In an effort to try to help alleviate that, emails now are entered twice. Ideally, someone won’t mistype their email twice in a row!

The streaming side of Scripsio accepts Markdown for formatting. While most of it has worked nicely, we were still having issues with some of the commands. Hopefully that’s straightened out now. Give it a shot and let us know what you think.

Some tweaks have been made to make the site quicker. You may not notice, particularly if you have fast internet. But we can sure tell the difference.

We’ve been feverishly trying to improve Scripsio, but haven’t been great at keeping you updated about changes. We’ll try to be more proactive about that moving forward.

If you haven’t noticed, LiberlandPress started posting from Scripsio recently. Come check them out!

Thanks for following. Thanks for using Scripsio. If you haven’t yet, check it out. It’s not just another social site. It’s a place where what you write is yours, so write what you write.

Quod Scripsio


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Foot Locker Is Stubborn – Part 2

Three months ago I wrote a post about Foot Locker,

Foot Locker Is Stubborn

Foot Locker’s business model of serving as the middle man to sneaker manufacturer is total opposite to Nike’s future strategy of direct to consumer shoe seller.

More importantly, the digital commerce push has allowed Foot Locker to announcement of its first digital entry to mainland China, along with a presence in Hong Kong and Singapore.

The issue with the expansionary moves is that it’s expensive and will squeeze margins. The trade war tariffs may also hurt Foot Locker’s margins and impeded their expansion in China.

If price breaks to the upside,

Crypto Contest March 5: DigiByte

DigiByte (Bittrex: DGBBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, DigiByte began a wave one advance in March 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in July 2018, and the red wave two (blue sub-waves a-b-c) correction ended in February this year. If this wave count is correct, DigiByte should be heading next towards the July 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Zooming out in the weekly chart, I believe DigiByte is currently in the red wave three (blue sub-wave

? Daily Crypto News, March, 5th?

  • 2 Nevada Senate Bills Signal State Is Open For Blockchain Business ;
  • Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon ;
  • Coinbase Technology Partner Refutes Alleged Collection, Sale of User Data to Third Parties ;
  • Indian Supreme Court Advocate Says Cryptocurrencies Cannot Be Regulated ;
  • Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year ;
  • ? Daily Crypto Calendar, March, 5th?
  • STEEM Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

? 2 Nevada Senate Bills Signal State Is Open For Blockchain Business

On Wednesday, February 27, members of the Nevada Senate’s Committee on Judiciary heard two <abbr title="

A record or ledger of all transactions that virtually eliminates third-party tampering. While every exchange of value or data is recorded and visible to users, the identities of those exchanging, and what the money is being exchanged for, is kept private. However, the amount of money is public. New blocks can only be added in chronological order (through mining or other means of block validation), and the inherent value and information cannot be compromised.

“>blockchain-focused bills introduced by Senator Ben Kieckhefer (R): SB162 and SB163. Although Nevada does not prohibit blockchain technology or otherwise restrict its usage, the two bills provide clarifying language to, as the bill proponents explain, signal that Nevada understands and embraces blockchain and is open to economic development opportunities related to the technology. In a way, the bills could be considered enabling legislation.

? Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

Bitcoin miners in China are buying used equipment and making deals with mining farms and hydroelectric plants, betting abundant water this summer will make their businesses profitable again.


That’s because during this season a significant amount of excess electricity is expected to be generated by hundreds of hydropower stations, especially in China’s mountainous southwestern provinces of Sichuan and Yunnan. This level of excess power results in competitive electricity costs for bitcoin miners, making it perhaps one of the rare opportunities to earn profits in the current bear market that has already impacted the mining sector


Hashage, a company based in the city of Chengdu in Sichuan that operates six mining farms with a supply of about 200,000 slots for machines, for example, said the electricity cost in Sichuan during the summer – which may vary from hydropower plants – is usually around 0.25 yuan, or $0.037, per kilowatt hour (kWh) for hosting equipment for miners.

? Coinbase Technology Partner Refutes Alleged Collection, Sale of User Data to Third Parties

London-based blockchain analytics firm Elliptic — which provides technology to major United States crypto exchange Coinbase — has refuted allegations that it collects and sells clients’ user data to third parties for financial gain.


In an official statement published on March 4, Elliptic’s CEO and co-founder James Smith stated that the firm has never “enabled the violation of individuals’ financial privacy,” and that such accusations represent a fundamental misunderstanding of Elliptic’s industry role.


Elliptic is one of key players in the blockchain intelligence sector, providing analytics tools that allow companies, governments and law enforcement agencies to monitor blockchain transactions and track suspected illicit activities, such as money laundering.

? Indian Supreme Court Advocate Says Cryptocurrencies Cannot Be Regulated

A supreme court advocate has explained the limitations of the Indian government’s power to regulate cryptocurrency, determining that the court should not get involved. Meanwhile, the crypto community awaits the government’s regulatory framework and the supreme court hearing of the petitions against the banking ban by the central bank.


“Cryptocurrencies by their very nature cannot be regulated … The supreme court should resist the urge to get involved”.

? Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year

The moving average convergence divergence (MACD) has become the latest charting indicator to signal bitcoin may soon see a trend reversal that could put an end to its months-long price decline.


As reported, the money flow index (MFI), an indicator used to identify buy and sell pressure, created a divergence Sunday widely considered to be an early sign of a bearish-to-bullish trend change, while last week, bitcoin saw a bearish crossover of its 50- and 100-week moving averages, a first since 2015.


As such, the MACD became the latest in a series of indicators, that when applied to bitcoin point to seller exhaustion and a potential trend reversal as of Monday.


image.png

? Daily Crypto Calendar, March, 5th?

  • EthCC

EthCC 2019 (Ethereum Community Conference) is the second edition of a series of conferences and workshops dedicated to ETH.

“Mainnet hardfork estimated date.”

The second mainnet of Aeternity, called Minerva, will become active around March 6, 2019.

“In not more than 2-3 days everyone can finally trade on WhiteEX.”

Network upgrade at block 830,000, which is estimated to occur on March 6 at 00:00 UTC.

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The crypto are becoming more more unpredictable. Tbh, it is a good sign because it shows that the market has difficulties to go lower but also higher. We are in an indecision phase which occurs often before the start of the UP trend. Anyway, it is still early to talk about that now but we can see that the STEEM dropped due to the BTC drop. However, the market on the STEEM decided to make an immediate bounce from the MMA50 (mobile average line in purple). The important now is to stay upper than the support line at 0.39$.

image.png

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Ducky – Animal Photography

“Just keep swimming”…



Categoryanimalphotography
Camera ~ LensNikon D3400 DSLR ~ 18-55 mm
LocationAustralia

Giveaway ? – 2 winners
Prize 1: 1 Steem Basic Income share.
Prize 2: 1 Daria Dragonscale (Steem Monsters).

Winners will be chosen randomly after post payout.

Prompt / Theme:  2 Parts
Part 1: Do you like this type of giveaway, being asked to answer a question to enter?
Part 2: What sort of prizes do you prefer? SBI, SM, other?

Rules:
  • No Upvote, No Resteem, No Follow – just your responding comment required to enter.
  • Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
  • Posted or Commented 5 or more times during the week this post is active.
  • Not be on @cheetah’s blacklist.

Thanks for having a look ?

If you liked this photo follow @kiokizz for more.



Sign up with one of my referral link to Steem Monsters and I will sponsor you 1 SBI share. I will check users blogs for genuine content.


Liberland show – David Ament

In this episode our guest David Ament, Economic Advisor to the President, discusses:

1) Why he believes Liberland will set an example for the future of government structures
2) The unique tax opportunities Liberland provides for entrepreneurs
3) His other businesses, including a unique transformational luxury resort in Costa Rica

Contact David:
linkedin.com/in/davidament

Follow the Liberland Show:
iTunes: itunes.apple.com/us/podcast/liberland-show/id1442988844…

Spotify: open.spotify.com/show/6oGiaY901GlfWbaFqgEEaF

Google Podcasts: https://www.google.com/podcasts?
feed=aHR0cHM6Ly9hbmNob3IuZm0vcy83YzY0ODFjL3BvZGNhc3QvcnNz

*The podcast is hosted by Adam J. Carswell.

Is Dr. Copper About To Breakout??? – Part 2

The amount of available copper stored in the London Metal Exchange’s (LME) warehouse system fell to 21,600 tonnes last week, the lowest level since 2005.

The year 2005 marked the start of an extraordinary six-year rally that was only briefly interrupted by the Global Financial Crisis. The copper price more than tripled over the period, topping out early 2011 at $10,190 per tonne.

What are super-low LME stocks telling us this time around? Is the world really running short of copper to the point there are just over 20,000 tonnes left in LME warehouses? The answer is clearly no.

There is plenty of