Will $TSLA succeed? Can Elon turn it around? Buy, Sell, or Run

Tesla. Some people love them, a lot more hate them. Which side are you on?

Tesla is on the struggle bus right now. It seems every day there is a car catching on fire, an employee quitting, a tweet, etc. that is negative on the market price. Deliveries continue to miss, more promises continue to be made. So the question is, does Tesla make it?

I think the chart will tell you. Right now we are at the low end of a MASSIVE range dating back to 2017. (This base reminds me of MCD, LULU, and DIS by the way.

STEEM on sales, let’s take advantage with @actifit

At this time, some of you may know already that you can exchange your AFIT tokens for STEEM using the service your AFIT wallet at actifit.io .

After reading an amazing analysis on the @actifit app, written by @dalz, do not miss to read his post: “Actifit Q1 2019 – Activities, Users, Delegations” , suddenly I realized that I have never tried to exchange AFIT for STEEM.

According to @dalz, “You can trade a max of 20 tokens and receive an upvote worth 0,036$ per token.”

actifit.io wallet instructions for the exchange are simple and very safe, first the app ask you to set a password for the exchange:

and then the only “little” problem is that you have to send a tiny fee :-)…

This “fee” is 1 STEEM/SBD (at least…) but is only one time fee.

I have sent my 1 STEEM token using the app which does the process by steemconnect.

After having waited 1 minute or so, I am ready to exchange 20 AFIT tokens (20 is the maximum number of tokens you can exchange) for 1.11$ Upvote of STEEM which is much more than the current price of the 1 STEEM I have spent in the “one time fee”.

Immediately after, there is a message telling me that I am in the 315th position of the queue and that the upvote should take place within 96 hours from now, to be done on the most recent actifit post not yet rewarded.

Besides that, considering how STEEM is performing lately (price is falling even if BTC raises), this “fee” is really peanuts today, especially knowing I have seen 1 STEEM reaching more than 8 USD in the past, so, I do not see better moment than today to set up my “AFIT to STEEM channel” .

All the process has been very easy and really fast. I have to congratulate again @actifit Team for the VISION and Business Plan developed here and for the constant project deliveries, improving with each upgrade several aspects not only of the technology but also regarding mass adoption and economical plan.

@toofasteddie

The 50/50 curator/author split is a “thing” again.

Image result for sheep of the cliff

Im going to keep this brief. Every once in a while someone comes up with a “big” idea and they present it. It doesnt matter if that idea is horrendously stupid, it doesnt matter if the outcome of implementing that idea completely counters the initial hopes stemming from the proposal.

All that matters is who said it.

And that is fucking scary even though i knew this before i started up here.

I can say that this type of mob behavior stems from crypto being a “WILD WEST” or sorts, but the truth of the matter is that it all goes back to basic human behavior..
We just love the “cult of personality”.

What this means is that the community isnt able to discern smart ideas from stupid ones. They value opinions based on standing in the community, or SP, or reputation ,or some other metric that has nothing to do with the value of the actual idea..
Willingness to accept arguments based on their merit is a distant thought.

If im being honest, its the same thing as in real life.

The bandwagon has arrived.The loudest community members (curators) are pushing their agenda, the leeches are staying quiet because this wont affect them in any way whatsoever …. and then you have the very “stupid” ones who cast their vote based on what is best for the platform.
They get screwed the most because there dont really subscribe to any Steem interest group.

Fuck them! They think for themselves, we dont need folks like that, theres still room on my bandwagon.

A few thoughts as always. hehe If you think im wrong, please feel free to counter anything ive said.

… and ill see you around.

Keep on!. 😀

Twitter Had An Eventful Tuesday

U.S. President Donald Trump met with Twitter Inc’s Chief Executive Jack Dorsey on Tuesday, hours after attacking the social media company over his claims it is biased against conservatives.

Jack kept it professional and said the meeting with the President was constructive and that Twitter is commitment to protecting the health of the public conversation ahead of the 2020 U.S. elections.  It appeared the meeting outcome was mutual by the President.

But the real news was their earnings report that was released on Tuesday as well. Twitter reported first-quarter earnings took Wall Street by surprise.  Twitter earning 37 cents a share on revenue

BITCOIN – 24 Apr

There we have the little selloff from 5600 zone. Still possible TD9 reversal on daily. On 4hr chart, may find good support around 5350-5400 zone. Next support on possible channel bottom around 5150 zone. 2 tiers of support to break before it can head to test 200 MA on daily. On daily, still possible stoch price bear divergence.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :135
Total marketcap :177
Dominance :54.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Lockheed Martin…Blasted Higher

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.

Lockheed reported first quarter earnings today.  Lockheed reported earnings of $5.99 per vs. $4.02 per share, one year earlier. Also, Lockheed’s net sales for the quarter rose 23% to $14.34 billion. Thanks to President Trump and his loose policies on foreign arms sales, Lockheed raised their forecast for 2019, which is ahead of Wall Street Estimates. 

For example, the United States is considering expanding sales of Lockheed-made F-35 fighter jets to five new nations including Romania, Greece

Private Blockchains

I read another one this morning, another article speaking of a company implementing blockchain tech. This time it was an insurance company. The type of company doesn’t really matter, I’ve read many such articles and the market sector varies between insurance companies, logistics companies, banks, medical companies etc. each making its own chain.

The immediate question which comes to mind is: “How will this affect cryptocurrencies?”, which is what I will answer today.

Private blockchains: Good or Bad?

Good.

Next Question please.

Why?

Private blockchains have much to offer the corporate world. I like the fact that every bank transaction I’ve ever made can be called

How did Bitcoin cross the Red Sea?

And is there a land of milk and honey on the other side?

BTC is back on the warpath, pushing to new 2019 ATHs over the last two days. Yes it’s retracing now, but anyone with half a brain cell knows that that is only temporary.

This is the major price target level for BTC at the moment:

We have now encountered the last meaningful resistance on our way back up to $6000+ levels. This resistance level is the same support level that offered us a small pause during the drop from $6000 to below $4000 in November 2018.

Both normal Fib levels and

? Daily Crypto News, April, 24th?

  • Bitcoin Price Sees First ‘Golden Crossover’ Since 2015;
  • The Ethereum Name Service Is Turning Nearly 300,000 .ETH Domains Into NFTs ;
  • IBM Issued Patent for DLT-Supported Data Sharing and Validation ;
  • French Lender Societe Generale Issues $112 Million Bond on Ethereum;
  • Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year ;
  • ? Daily Crypto Calendar, April, 24th?
  • STEEM Trading Update

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

? Bitcoin Price Sees First ‘Golden Crossover’ Since 2015

Bitcoin’s daily chart is reporting a “golden crossover” – a bull cross of the 50- and 200-day moving averages – for the first time since October 2015. The crossover represents a long-term bearish-to-bullish trend change.


A convincing close today above $5,466 (April 10 high) would establish another bullish higher high and boost the prospects of a rally to $6,000.


That rally, however, may be preceded by consolidation or price pullback, as the golden crossover is accompanied by the overbought readings on the relative strength index and a neutral long/short ratio.


The case for a pullback to $5,000 would strengthen if the price fails to close (UTC) today above $5,466 (April 10 high).


? The Ethereum Name Service Is Turning Nearly 300,000 .ETH Domains Into NFTs

An effort to build a domain name system on top of the ethereum blockchain network is gearing up for a major upgrade early next month — and the project’s developers are urging stakeholders to prepare.


At the heart of the upgrade is the replacement of the Ethereum Name Service’s registrar, with the goal of vastly speeding up the process of registering .eth, .xyz, and .lux domain names. What’s more, names registered on the ENS will be treated as non-fungible tokens (NFTs), allowing them to be bought and exchanged like similar kinds of tokens on the ethereum network.


During an April 16 blog post, Ethereum Name Service (ENS) lead developer Nick Johnson wrote that registered domain users have one year after May 4 to migrate their domain to a new registar that is replacing the existing one.

? IBM Issued Patent for DLT-Supported Data Sharing and Validation

Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.


The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing Among Mobile Apparatus.” IBM proposes a method executed by a mobile apparatus to verify information that has been shared between two devices.


In detail, the platform can collect specific information and deliver it to nearby computing nodes, with subsequent publishing of a verified incident event on a distributed ledger. The collected data is further used to map information updates.

? French Lender Societe Generale Issues $112 Million Bond on Ethereum

French financial services giant Societe Generale Group has issued about $112 million worth of bonds in the form of a security token on the public ethereum blockchain.


Announced today, a subsidiary called Societe Generale SFH used the OFH token (obligations de financement de l’habitat, or home financing obligations) to represent 100 million euros of covered bonds, a type of security that is backed by specific assets but remains on the issuer’s balance sheet.


However, according to a report published Tuesday by bond rating agency Moody’s Investors Service, Societe Generale was “the sole investor,” meaning the firm issued the securities to itself and no outside buyers were involved.

? Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over the last year

Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

In 2017, cryptocurrency markets were extremely popular among South Korean traders and numbers that year definitely outshone the recent KOFIA poll published this week. According to another survey, one third of South Korean workers were crypto investors in 2017 but the average investment was less at $5,260 per investor. Another difference between then and now was the amount of younger (20s and 30s) South Korean investors was about 80% of the respondents polled. At the time, the South Korean won captured a third of the world’s crypto trade volume in 2017 behind the USD and JPY. Today the currency is still usually a top five trading pair, according to data from sites like Coinlib.io and Cryptocompare.

? Daily Crypto Calendar, April, 24th?

“We will be holding a Q-Gas and IOU AMA in our main Telegram channel (https://t.me/qlinkmobile) on April 24, 7 PM HKT.”

“The next Virtual Happy Hour will be on 4/24, 9:30PM-11:30PM (PST)!”

“Join @BlockchainSeatt’s April Meetup, co-hosted with @codefellows tomorrow at 6 PM (PST).”

The PACE Tour heads to Zurich for a hackathon with the Jaguar I-PACE, a presentation by Streamr, and a collaborative workshop.

“… We will have all ALA Reclaim payouts completed.”

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STEEM Trading Update by my friend @cryptopassion

Here is the chart of yesterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

So yeah it was expected even I was trying to stay optimist… After the break of the support line around 0.43$, the next objective was to go test the next support, the orange line around 0.39$. This is now done and the market is really trying to break that line so I’m not sure we won’t have a break quiet soon and an acceleration with the drop. Courage dera holders, it will be the time of the altcoins also…

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Last Updates

Join this new Free To Play on the STEEM Platform !

Forex Price Action Baby, No Technicals or Fundamentals…Trade #11 – Bought CAD/CHF (4/23/19)

10,000 Ft View – 4 Hr Chart

Lets zoom for a closer look at the trade set-up. What I like about the zone is price has been making higher lowers and higher highs. In addition, the momentum is to the upside.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.