The Turkish lira weakened after the central bank struggled to explain moves in foreign-currency reserves, fueling concern about the state of the nation’s finances amid the looming prospect of more political upheaval. Turkey has around $118 billion of foreign-currency debt coming due within the next 12 months and relies on the central bank’s buffers to meet its obligations if the flow of capital that finances the economy begins to slow.Foreign investors have already withdrawn a net $1.6 billion from the nation’s lira bond market this year amid political and economic turbulence that has rocked the country’s markets.Last month, JPMorgan Chase
April 20, 2019(updated April 20, 2019) Published by toofasteddie
Back at home after spending 3 days at the country. Now I am checking my witness votes. In order to do that I am using http://duplibot.com/ and I realized that @utopian-io has the signing key inactive since more than 8 days already. I went straight to their steem blog account and I saw this:
It’s a pity because they are doing a great contribution for developers on the steem blockchain so, for me, it was a obligatory witness vote.
However, this is the good moment to add another exceptional contributor to the steem blockchain, so this time my permanent vote, if they keep doing greatly and signing steem blocks as usual, is for @steempress .
Honestly, I was waiting for getting a free slot for giving a vote to them. I think their work developing the wordpress plugin for the steem blockchain is extraordinary since it allows you to have better posting tools. Have a look here if you are interested about.
Ever hear the term “there is more than one way to skin a cat.” Well, it holds true in business and real estate so as long as you are not trying to skin this cat let me share something with you about reverse wholesaling.
It seems to be the newest buzz word in real estate investing. Here’s the kicker, it’s the same thing as regular wholesaling, they just put emphasis on the order you do things.
I like to call it being prepared. Can we start are own buzzword? Prepared Wholesaling – boom, done!
What is wholesaling, reverse or regular
Wholesaling a property
Bitcoin is once again testing the top of what appears to be a bullish ascending triangle. In my last update we discussed expecting resistance around $5,350. Daily volume remains relatively strong at just above $13 billion.
At the moment, most analysts are monitoring the 50 and 200 day MA. Will we get a Golden Cross?
Shorts have been stacking over the last 48 hours while longs are dropping. This does suggest a break up…at least temporarily to liquidate short positions.
While things are looking good for bulls overall, the bears may not yet be done fighting.
TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.
Commentary from this past week includes:
Many demand zones on the futures (DOW, Nikkei, Bonds) hit in the early AM, missed some great opportunities.
Oil has been camping out below the 4 hr supply for the past week…evidence that there
April 20, 2019(updated April 20, 2019) Published by lordbutterfly
Im someone that considers himself a realist. And that is something that translates into crypto for me. The thing about being a realist in cryptocurrencies is that you many times are left on the sidelines of the discussions. The crypto space is fueled by hype which leads to unrealistic expectations and extremely skewed views of the future. Many people here are so subscribed to the extreme ideas brought on by the very strong libertarian community in crypto that they get completely lost in what is essentially a fantasy world of their own creation. A colorful way to say it:
They are drinking the kool-aid.
This ofc happens in various degrees but it happens nonetheless.
Now you might think that im FUDing here or you can use some other way to describe my words but im really not. Im just trying to say, to the folks that might run across this post that i think that being realistic keeps you safe and should be a preferred path to take. I know that being realistic doesnt drive the price up, but on the other hand it does keep you safe when prices go down.
All the extremist ideas about the potential of decentralization, the ideas of beating the banks, of dissolving governments because of cryptocurrencies are for most part fairy tales that are extremely unlikely to happen. The people that yell:
the loudest are the people you should be skeptical of the most.
Crypto will not cure cancer, take people to Mars, bring about world peace, eliminate all inequality in the world, stop racism….
Cryptocurrencies like STEEM or WLS are a tool for you to use to empower yourself and others. What they can do is offer you the opportunities you might not have had otherwise. I hope every one of you manages to make most of them..
Just a few thoughts as always. Ill see you guys around. 😉
On 4hr chart and we are getting closer to the triangle top resistance around 5400 zone. The tiny candles seem to be working so hard just to push the price up a little. As mentioned previously, might might see the price making higher highs or slight fake breakout upper shadows to trap. Possible stoch price bear divergence for reversal to test triangle bottom.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :113
Total marketcap :180
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
The spike in price came out of nowhere and in the process several hedge funds and pension funds suffered major losses. One hedge fund making major headlines was James Cordier, of Optionsellers.com His hedge fund blew up and he lost all of his client’s money selling naked calls on natural gas futures when price shot up nearly 20% in a single afternoon.
Natural Gas Analysis Report 11-29-18…Price Pauses At The Monthly Demand…Now What??
I honestly thought, price would move higher before it moved lower in the near future due to price momentum, natural gas lower than expected inventories and winter is just