This sideways market is a great time for crypto shopping! You take advantage of the general dips to buy cheap BTC, and then every now and then you trade some of that for promising looking altcoins.
I’m finally starting to feel like my old self again, able to partake in a few of these buying opportunities myself. I did so little trading in Q2 to Q4 of 2018 that I’d almost forgotten how much I enjoy it! Well, I’m pleased to report that I’m getting back into the swing of it. Last night I was trading and logging trades until so late that
I guess Skechers efforts on new line of products, store renovation, inventory management, online presence, etc. has put them in a position for the upgrade yesterday.
In a note to clients, Susquehanna Research analyst Sam Poser upgraded the company to positive from neutral and raised his target price on the stock to $37 from $32, noting that his check-ins at various retail locations and also recent results from wholesalers point to stronger demand for the company’s products.“Proprietary checks and recent results from wholesale partners indicate Skechers’ business is gaining momentum,” Poser said, adding that “men’s and women’s fashion athletic styles and
BitSend (Bittrex: BSDUSD) 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, BitSend began a wave one advance in February 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended on March 4 this year. If this wave count is correct, BitSend should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BitSend is digital cash with masternodes. You can view the masternode stats below.
Hats off to the lucky ones, the crypto investors who bought <abbr title=”
Crypto <abbr title="
Mining is the process of repeatedly aggregating transactions, constructing a block and trying difference nonces until a nonce is found that satisfies the proof of work condition. If a miner gets lucky and produces a valid block, they are granted a certain number of coins as a reward as well as all of the transaction fees in the block, and all miners start trying to create a new block containing the hash of the newly generated block as their parent.
“>mining equipment manufacturer Bitmain has published an official blog post outlining the company’s decision to name a new CEO and what it plans to do with its initial public offering (IPO) application with the Hong Kong Stock Exchange (HKEX), which has recently expired. While Bitmain says the IPO listing process made the company “more transparent and standardized,” applying a second time could raise more questions about Bitmain’s future.
In November 2018, ETHNewscovered Bitmain’s chief executive restructuring when Nishant Sharma, the company’s international marketing manager, reported that co-founder and co-CEO Jihan Wu would reposition and continue on with the company as a director. More recently, in January, the South China Morning Postreported that two unnamed sources believed both Wu and cofounder and co-CEO Micree Zhan would be replaced with Haichao Wang, Bitmain’s director of product engineering.
Believe it or not, there are more ways to anticipate the future market value of bitcoin than through practicing technical analysis or by observing network activity developments.
While valuable in their own right, thanks to researchers Willy Woo and David Puell, several new experimental bitcoin valuation metrics were released in February that combine the two fields to create a more holistic view of bitcoin’s market.
Sample sizes are small in the cryptocurrency markets, with the oldest, bitcoin, having existed just 10 years, but two of the newly released metrics termed “Top Cap” and Delta Cap” have shown to be effective at identifying the tops and bottoms of bitcoin’s wild market cycles thus far.
Delta Cap Proposed by Puell, the metric that successfully caught both bear market bottoms in 2011 and 2015, and that is known as the Delta Cap, is calculated as follows:
Delta cap = Realized cap – Average cap
Average cap = “cumulative sum of daily market cap values / age of the market in days.” Realized cap = “UTXOs are aggregated and assigned a price based on the BTCUSD market price at the time when said UTXOs last moved”
Believe it or not, there are more ways to anticipate the future market value of bitcoin than through practicing technical analysis or by observing network activity developments.
While valuable in their own right,
thanks to researchers Willy Woo and David Puell, several new
experimental bitcoin valuation metrics were released in February that combine the two fields to create a more holistic view of bitcoin’s market.
Sample sizes are small in the
cryptocurrency markets, with the oldest, bitcoin, having existed just 10
years, but two of the newly released metrics termed “Top Cap” and Delta
Cap” have shown to be effective at identifying the tops and bottoms of
bitcoin’s wild market cycles thus far.
“Left to their own devices, computer scientists would recreate the Soviet Union.”
That line belongs to Preston McAfee, an economist whose job history includes senior positions at tech giants such as Microsoft, Google and Yahoo. As he explained to an audience at the SXSW conference in Austin, Texas, recently, it refers to software engineers’ tendency to favor centralization as the most efficient design principle for any computing system.
The point, he said, is that decentralized networks, such as those based on blockchain models, can often enable more positive overall social outcomes despite the relative inefficiency of their command-and-control architecture. It’s useful to contemplate this idea, and McAfee’s colorful metaphor, in relation to the current state of play on the Internet.
One of Arrington XRP Capital’s largest limited partners (LPs) has injected a fresh $30 million into the digital asset firm, according to its founder Michael Arrington.
“The reason is, like everyone, we didn’t do particularly great last year, but we did better than the market. And that was a win,” Arrington told CoinDesk. With the additional investment, Arrington says the fund has now surpassed its initial target of raising $100 million.
Cryptocurrency intelligence company Messari has claimed that Stellar (XLM) suffered an inflation bug in April 2017 that was exploited to create 2.25 billion XLM (worth about $10 million at the time), which were later burned. The news was revealed in a Messari report published on March 27.
Per the report, the illicitly created XLM — which was equivalent to nearly a quarter of the circulating supply — was moved o exchanges and likely sold during the first half of 2017. An equivalent quantity of XLM was purportedly burned to preserve the intended supply and avoid the dilution of the value of the tokens.
The research also notes that the involved addresses and related records are no longer accessible on Stellar Expert or other block explorers but can be found using the Horizon Application Programming Interface. Also, the company claims that seemingly no media reported on the bug, its exploitation and the consequent burn before Messari.
LYFE and Doogether present “How Healthtech Disrupt The World” in Jakarta, Indonesia from 6-10:30 PM.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday, we were testing the support line at 0.43$. This one held us and we are having a nice bounce helped by the UP of the BTC. The next objective is now again to go test the resistance line at 0.49$
Please click below to listen to the 32nd episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Comments and critiques welcome.
Bitcoin has broken back above $4,000, currently trading around $4,020 on Coinbase. It also appears to be approaching the upper resistance line of a larger wedge.
Shorts have been rapidly dropping while longs are slowly rising.
Looking at EOS, we can see it broke up and out of the wedge it had been consolidating in. It’s approaching the prior high around $4.53 and showing signs of a possible double top.
In today’s analysis I discuss where prices may be heading next, traps to avoid, key areas to watch and so much more. I hope you find it helpful.
Just a short post this time…. As some of you may know Coinbase bought Earn.com…
They are using Earn.com to give out crypto and spread awareness about crypto currencies that bribed them for a listing…(haha. sry i had to) You can basically complete the tasks in 2 minutes if you are already familiar with the project by skipping the videos.
I think in total you can earn 70$ if youre a US citizen and about 20$ if youre not.
Its basically free cash..
Just follow this link and click the wait-list for each token. You should get a callback inside one day..
EOS is running strong here. After the techincal break above the $4 level last night, as called for, we have a runner! Check out the movement on the 5 minute chart…
This is called Chasing Accumulation! My friends we are entering into a bullish move here and all pullbacks for the foreseeable future should be bought. I am hoping to see EOS stretch the gains and become a TRUE LEADER in the bull market to come. You know my targets from previous posts. Multi bagger from here. HODL.
Was expecting sort bounce with consolidation forming the possible mini descending triangle, seem like it’s heading in denial again stretching it. Divergence on 4hr chart price and stoch. On daily looks like it’s ‘spiking’ out again on triangle top let see if it has the strength to close above.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :117
Total marketcap :142
Dominance :50.3
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
