Legal marijuana has started gaining traction worldwide due to very high demand among consumers and increasing legalization of recreational or medical marijuana in various countries. According to a report by Grand View Research, Inc., the global legal marijuana market is expected to reach USD 146.4 billion by end of 2025.
REITs, or real estate investment trusts, are companies that own or finance income-producing real estate in a range of property sectors ad most of them trade on major stock exchanges, REITs lease space and collect rent on its real estate and generates income which is then paid out to shareholders in
This is the chart I am following as a Main plan on BITCOIN:
I am always using Elliot Waves theory and other market tools in order to trace my trading plans but, of course, before you complain about it, this is only a theory among others and so it cannot be used as we use the Newton’s Law.
Elliot waves tries to forecast the future by analyzing the psychology of the market, how the emotions affects the trading behavior in a more or less steady state situation regarding events. But those events not always are predictable and there is always a big
TSLA is a walking train wreck right now. Major liquidation is happening. Once it broke 250 and tapped down you GTFO of the way. Selling is accelerating and I believe the margin calls are going to be coming up soon…Will Elon Get Margin Called??
April 26, 2019(updated April 26, 2019) Published by paulo380
It is now becoming clear more than ever, crypto dealings need some good regulations, the type that takes into consideration all parties involved.
Why am I calling out for this? Because there is a need to curb activities like wash trading, cartels, and pump and dump trading schemes.
The impact a balanced regulated framework can have may be an immediate game changer.
Although, the effect may progress steadily and slowly but should be a good solution in the long run.
Taking pumps and dumps as a good example. There was a noticeable reduction in the number of groups that continually engage in the scheme when the SEC put up the “whistleblowing” activity during the early period of 2018.
A good experiment to show there is a need for regulation, a fair one to be precise.
Many sorts of unscrupulous behaviors happen because the lust for quick riches and greed is a great enemy or disadvantage to the decentralized moves we all call for.
Yes, we shouldn’t be taken as slaves by big authorities. No giant cooperation should be able to use our personal prints and data as they see fit. But if we have something to learn from the past few years; it is that total decentralization should not be encouraged because of its disastrous effect.
In theory, total decentralization sounds really good, who could reject the notion of freedom? But practical examples have shown us the bad side of it as various kind of players are called to the party and for sure not all individual have a good motive.
Taking the DPoS consensus for example. In theory, the consensus looks really ideal, like I mean the perfect algorithm for the socially inclined community of people as each representative or block producer is continually voted in by the participants of the network and can be ranked or voted out if the community decide the BP contribution isn’t ethical or benefiting anymore. What a perfect way to actualize a democratic governing body.
However, it has also shown us how bad it to established an autonomous framework without some strict penalty guideline to punish offenders.
Decentralization, as postulated by the majority, means anyone should be able to do as they see fit. To some extent, this is very true, but by our nature and rational intelligence, there is a marked difference between good and bad morals and their effects on our lives and society.
The factual part of it is that both states of morals are easily expressed through us.
Strict policing, rules and laws had been the greatest solution to hibernate the show of bad behaviors. Even the Supreme being conformed to it by the laws stated in the Bible.
In that respect, crypto dealings shouldn’t be an exception if we truly want to achieve a genuine and fair decentralized system.
My reasons for writing out this opinion is connected to why the price of BTC took a sudden slump despite the buying interest and sentiments.
One report stated it was caused by the influx of the newly printed Tether tokens by Bitfinex. So far Bitfinex denied such activity, leaving the truth of the matter in an unconfirmed state.
Alright! Let look into some latest catch-up and updates in the media and forums.
It was reported some few days ago that a hacker found a way to guess dozens of Ethereum private keys, stealing over 45,000 Ether along the way.
In a new report, research shows, many hundreds of Keys are weakly generated and are susceptible to theft.
The news stated that “the probability of a chance to hack 256-bit encryption adopted by most blockchains would take years”, but after some thorough testing and analysis, over 700 Ethereum Keys was reported to be at risks of being hacked.
Industry leaders deliberate on how to realize the mission of cryptocurrency.
Bitcoin was created with the sole aim of replacing the traditional fiat currency.
This mission was clearly stated in the Genesis block of its blockchain – revealing the corrupt and unreliable ways of the old system and the need to replace it.
Over the years, the currency had struggled to convince this mission could be realized base on many factors some of which include the slow confirmation time and excessive power usage for its production, so much that the digital currency is now considered a store of value.
However, its supporters and movers aren’t giving up easily.
In the news – it was reported that Top Traders and company representatives including Binance and Coinbase held a talk in Singapore to include cryptocurrency in the global financial framework and bring about more use cases to it.
Remember to visit my blog tomorrow for another interesting digest.
The contents of this post are intended for information purpose only and should never be taken as an investment or trading advice. All information contained herein is linked to their respective sources without being taking word for word except in quotes and references.
On 4hr chart, finally we have the big red candle,mentioned in previous posts possible TD9 and stoch price bear divergence. Let see if it play out the previous mentioned, fake spike above the the possible ascending triangle or big symmetrical triangle then come back down to ascending triangle bottom and break below. Almost break previous low of 4950 zone. Break below channel bottom and bounce clinging to channel bottom. Possible staircase down pattern ahead. Next support test 4800 zone.
Short term moving average (day candle) :
Network Value to Transactions Ratio :128
Total marketcap :170
Bitfinex Margin Long/Short Volume Ratio :
So it seems steem is back down into the lower range and granted, the title to this post is a little aggressive as I’m not all that upset, maybe just disappointed in the price action on steem.
Back to the basement?
If you look at the daily chart of steem in this post you will see price has broken below that 40 cent area which was of noticeable reference.
We know see it flirting with the 35 cent area, which I mentioned on the scaredycat investor show this past tuesday was especially important as a close below there really wiped out any hope
Well it looks like Tether has once again tried and failed to make an attempt on our lives.
With a consolidation period drawing to a close, BTC looked ready to attempt another breakthrough of the light resistance at $5600, and possibly to make its first assault on major resistance at around $6200.
Sadly Tether pulled another one of its old tricks and temporarily ruined the faith in the market.
There are many indications of new money being in the crypto market. (Sadly) we once again see rather immature market behaviour and overreaction to crypto market events. We have very strong volume now, more