The dollar’s rally may be approaching an end as pressure mounts on U.S. President Donald Trump to strike a trade deal with China, according to Brandywine Global Investment Management LLC.The money manager, which oversees $72 billion, is banking on this view to short the greenback and buy some of the biggest casualties of the trade war, including the Australian dollar. The rationale? Trump will be compelled to make peace with Beijing to protect the interests of American consumers.But in Brandywine Global’s longer-term view, Trump’s show of hostility may be part of a strategy to drum up support among conservative voters
Day: June 2, 2019
Still no important change regarding activity in the STEEM Blockchain…The number of active steemians keeps going down despite a little recovery experimented one month ago.
According to STEEMTOOL we are ending the week with 5165 daily active steemians that post around 8041 posts a day…
Anyway, I am fully confident it is a question of time that we will see the recovery of the activity… I think we are very dependant on the market conditions… if the market keeps growing, we will see a massive entry of newcomers and also people who has left trying to join again in the platform .
Last week I was pleased to have found a new steemian to follow straightly since her very first post, her name is @anaclark and I think she has a lot of talent for writing and describe her thoughts…
She wrote another great post which had not the great success as her first one had, anyway, I invite you to read it:
@anaclarck started at steem as many others, with very poor Steem Power… actually, she run out of Resources Credits very rapidly while trying to reply some comments that she gets at one of her posts… one of the comments was mine…and she replied later on, telling that she was run out of SP…
I decided to delegate some SP to her so she can have some RC in order to interact more frequently.
Hope people like @anaclarck will find its way and remain here.
This week I am going to keep my @steembasicincome shares again to @marenontherun and @mrhill , and I am also adding one exceptional runner to the “party”, he is @king-cobra and he is at the doors of becoming Minnow as well so I think he can be a very good candidate for @steevc initiative #tenKminnows .
If you like running, maybe you would appreciate this post from @king-cobra:
“Running is my life” , it is an old post but a very good one.
And that’s all for this week folks!
On 4hr chart, still hovering around the middle of the up channel. Stoch price looking for a downside move maybe testing the previous mentioned channel bottom 7900 zone. On hourly, looks like the price might still climb up. On weekly likely to close of long tail doji, if it closes below the week open 8732, we might see some sideway downside move next week.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :122
Total marketcap :275
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
I have been preaching for months about how the Smart Money was coming into the Crypto space because when it comes to trading, the Smart Money buy low and sell high, while the retail investor buys high and sells low.
Bitcoin Smart Money Sentiment 8/9/18 – Smart Money Continues To Enter The Crypto Space
Evidence Smart Money Crypto Infrastructure Is Being Built
Be Patient…The Smart Money Is Coming
I recently came across an article on Cointelgraph that quantified what I was saying:
The number of wallets holding between 1,000 and 10,000 bitcoin (BTC) has seen a sharp increase since the crypto market bottomed this winter, indicating
This is a point I have shared before but want to share again.
Anyone who reads my blog or listens to the Scaredycat investor show has probably heard me at least once say:
90% of trading and investing is psychology, the other 10% is skill.
Change Your Story, Change Your Beliefs
This is actually super powerful as most of us tell ourselves a story throughout each and everyday.
It’s that story of why something is they way it is, we rationalize things – we create excuses.
What’s the Point?
The point of bringing this up is that a large majority of the time (more than you think)
Sunset’s wall of flame.
|Camera ~ Lens||Nikon D3400 DSLR ~ 18-55 mm|
Prompt / Theme: What are your thoughts on the newly announced https://voice.com/ Block.one?
Giveaway ? – 2 winners
Prize A: 1 Steem Basic Income share
Prize B: 250 Dark Energy Crystals (Splinterlands DEC)
Winners will be chosen randomly after post payout. If you would prefer a certain prize, please specify in your response, otherwise I may decide for you 🙂
- ? No Upvote, No Resteem, No Follow – just your responding comment required to enter.
- Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
- Posted or Commented 5 or more times during the week this post is active.
- Not be on @cheetah’s blacklist.
Thanks for having a look ?
If you liked this photo follow @kiokizz for more.
Looks like Block.One just made a run of the mill social app. From what i see right now it has a single unique feature or spending tokens to boost your comment. Thats what is supposed to give the token value.
Spending tokens to get your “voice” heard.
I mean it sounds fine i guess but thats just a small feature. MINDS has something similar. Spending tokens to boost your post and even though it works fine there i never found the tokens to be in demand or the platform very appealing.
I havent gotten into the beta, i did sign up, so i cant be sure 100% but this hardly looks like a STEEM killer. Maybe a MINDS killer because it reMINDS me of it. (Get it. lol)
STEEM has a million and one application and utility connected to its token and a silly ERC 20 type idea doesnt really seem like a competitor.
There are a few things i do like and thats the KYC and eliminating bots, abusers, scumbags and psychopaths. I never found this “hide your identity” stuff too appealing. It allows for a lot of abuse and im not someone perpetually in ideological war with “government”.
The thing is that i dont see “Voice” being censorship resistant at all. They might not act on it but “Voice” is just a centralized app from what i can see.
Unfortunately it seems that guys that left for MEOS (Voice) like Bernie or a few other circle jerkers and abusive characters will be coming back since i dont think Voice will allow for such abusive behavior they are used to. (You celebrated too early haha)
In the end i have to give a big “MEH” to what ive researched and seen so far. Maybe theres more behind it but we will have to wait a bit to find out more.
Metadium (Bittrex: METABTC) 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, Metadium began a wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 20, and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, Metadium should be heading next towards the March 20 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Metadium aims to build an identity blockchain ecosystem. HighOnCoins covered the latest news one week ago.
(Sources: Metadium and YouTube)
How can I vote?
Up – 9k then down down and up again. The market is certainly poised for a significant break. A steep retrace seems the most likely short-term outcome but zooming out a little the bull looks in. As typical in crypto, lots of news and narratives to recap. Block.one just announced a faster EOS and a new social media platform -jury’s still out as to whether this was an ‘event’ or not.
Pick of the Week
A thorough examination of the remittance market is my pick of the week. Though this week’s podcast for the following quote alone “Quantitative easing is universal basic income