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Month: March 2019

BITCOIN – 3 Mar

March 3, 2019 Published by

Dipping below 3800 zone again on 4hr chart, as mentioned previously likely to head down for 2nd leg staircase testing the triangle bottom. On hourly, doing lower highs, maybe gonna do lower lows soon. If it still can hold the 3600 zone and close off the weekly above that, maybe we can see it retest 4000 zone again.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :116
Total marketcap :129
Dominance :52.1
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Can Litcoin $LTC be a leader?

March 3, 2019 Published by

Of all of the major crypto charts right now, including Bitcoin, Litecoin, Ethereum, and EOS, Litcoin is looking the most promising of them all. Many of them are hanging out at the lows from the past couple weeks after the initial boost, however Litcoin seems to be “grinding” higher.

You can see a possible parabolic trend beginning here from the Dec lows. So my question is, can LTC be A leader. It doesn’t have to be THE leader, just can it be A leader to lift crypto back off the mat. I have been a litecoin fan for a while

Best Buy Validates Their Turnaround Story

March 3, 2019 Published by

Best Buy Validates Their Turnaround Story

It was just six months ago that I wrote about Best Buy,

Best Buy’s Turnaround Story

Best Buy’s prices weren’t competitive. Customers would go to the store, touch and feel the product, then buy it online. So Best Buy implemented a price-matching policy, both in-store and online, while also lowering its prices to be more competitive.

Best Buy started shipping directly from the stores with the store employees packing and shipping online orders which gave customers access to more product and inventory and reduced shipping time and cost.

Hubert Joy expanded Best Buy’s services, which included an in-home advisory

Crypto Contest March 3: QLC Chain

March 3, 2019 Published by

QLC Chain (Binance: QLCBTC) has broken out of the triangle pattern in the daily chart.

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

Elliott Wave Analysis

In Elliott Wave terms, QLC began a wave one advance on December 9, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 15 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, QLC should be heading next towards the January 15 peak in the red wave three.

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

Funnymentals

QLC Chain is a public blockchain to enable decentralized Network-as-a-Service. Rock The Block Live interviewed

Are centralized exchanges slowing down mainstream adoption?

March 3, 2019 (updated March 3, 2019) Published by

Lately ive been thinking about centralized exchanges a bit more and found that most of them are basically parasites and crooks that crypto has a unfortunate dependency on. Not only that, but i firmly believe that beside being shady and corrupt institutions they are hurting crypto in another way.

They are slowing down mainstream adoption by catering to “big money” instead of project quality and the level of project adoption/user base.

Ive talked about it in previous posts that the majority of the top50 cryptocurrencies on MC have minuscule user numbers. Some in the top 20 with dapps registering circa 100 users in total.

I always point out ETC as the most ridiculous example of market stupidity. A dapp building platform that no one uses, that you can hack with 5000 USD, that is 18th in market cap and is listed on Coinbase.

How is it valued so high and has more then 180 trading pairs with a fair number of fiat pairs and stable coin pairs?
Because most exchanges look for only 3 things.

  1. Volume.
  2. Market cap.
  3. How much you willing to pay for a listing?

When crypto is so dependent on crypto exchanges and crypto exchanges are only driven by short term profit and clearly (as seen from looking at stats by Blockchain Transparency Institute) do not care about the health of the ecosystem then it is safe to assume that they do not care in the slightest about mainstream adoption and the projects like STEEM that are capable of achieving it.

What would happen if STEEM had ETH market cap and was valued at 1 STEEM=46 USD?

Is there anyone here that is going to tell me that there is any shadow of a doubt that STEEM would be hitting 1 million users at this very moment? (if the technicals were in place which they would be with such high dev funding potential)

Is there anything that could change this around or are we left at the mercy of centralized exchanges?
I dont know.
What i do know is that if this continues we could be seeing a massive crash eventually when the market realizes how worthless some of these crypto tokens are.

I didnt buy STEEM just because i thought it would rise in price. I bought it because its one of the few tokens that you actively use.

Let me know what you think. Should we torch all of them?
I say yes. 😀

Ill see you around.

The Sunday Recap – Down the Rabbit Hole 18

March 3, 2019 Published by

What can I say, things haven’t slowed down this week. Its been a steam-roller of news, narratives, and tech developments. Fun to dig into but very time-consuming. This week, I’m adding a new category – Pick of the Week. If you only have time for one piece of crypto ‘insight’ I recommend you check out the weekly pick.

Pick of the Week

If you do nothing else checkout this week’s podcast. A Human Right’s Perspective on Bitcoin – With 52% of the world’s population living under authoritarian regimes Bitcoin and blockchain are of immense importance to our future freedoms.

Reddit

Let’s start light:

Everything I know about trading, part 1 of 2. from Bitcoin

Twitter

BTC as

Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE

March 3, 2019 Published by

Since my last update we’ve seen 2 small stop hunts. Price briefly broke down to $3,650, then promptly returned to $3,800. It then quickly jumped to $3,910 before promptly returning to the $3,800 support. This kind of thing is often seen prior to a larger move.

Zooming in on the 4 hour chart, we can see the Bollinger bands are extremely tight. The 8, 21 and 55 day EMA’s have converged almost on top of each other. This is another indication price is getting ready to move.

In today’s video analysis I discuss, where price may be heading next, traps to avoid,

HPQ HODL(ing)

March 2, 2019 Published by

The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015 when it has decided to split itself in two in order to compete more effectively. 

HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally.

I really don’t know why HP, Inc is still in business…I should say I don’t know how HP, Inc. is still in business…I should say HP, Inc is HODL(ing).

HP fell over nearly 20% on Thursday after reporting earnings that missed expectations and forecasted a

The Case for a Two Month Security Deposit

March 2, 2019 Published by

Just because something is the standard doesn’t always mean it is the best option.  I’m starting to think this holds true when it comes to rents & deposits in the real estate industry.
First, Last and Security
This has been the standard for a tenant to get into a property since I can remember.  Yes, there are some variations, especially with large apartment complexes having move-in specials and what not, but in the end first, last and one month security is the default.
Is it time for a change?
I know a handful of investors that have taken a different route in recent years. 

Bitcoin – The future becomes clearer

March 2, 2019 Published by

Old age is difficult. I went to my PC to type my blog post – topic firmly in mind. After finally catching up on all recent post comments, other interesting posts and typing a few replies… … I had no idea what my topic was anymore. Fortunately I keep a long list of “topics I will one day get to” – so I opened up my list and picked one. As I was about to start typing, I glanced at the BTC chart and noticed something I hadn’t noticed before. One more topic change later and here we are! Today

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