Prompt / Theme: Have you heard of Scotbot?Do you believe ‘SMT’ type sub-forum tokens will retain value within the STEEM ecosystem?
Giveaway ? – 2 winners Prize A: 1 Steem Basic Income share Prize B: 500 Splintertalk (Splinterlands Forum – SPT)
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 🙂
Rules:
? 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.
Matic Network (Binance: MATICBTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Matic began a wave one advance on April 26. The red wave one finished on April 26, and the red wave two correction ended on May 10. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on May 21, and the red wave four (blue sub-waves a-b-c) correction ended on June 3. If this wave count is correct, Matic should be heading next towards the May 21 peak in the red wave five.
Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4.
The new algorithm purportedly provides immediate transaction finality. dBFT 2.0 includes a new procedure for reintegrating failed nodes back into the network, and also adds a “commit phase” of consensus, which alleviates forking issues by including a step that forces node assignment to new blocks.
The consensus mechanism dBFT reportedly differs from the ones for top cryptocurrency blockchains Bitcoin and Ethereum because of this commit phase. For Bitcoin, the consensus mechanism is a proof-of-work (PoW) protocol that allows BTC miners to compete on making the next block, which means that there are competing forks on the blockchain.
Bitcoin is again attempting a recovery from the 30-day moving average, currently at $7,710. The key average has consistently reversed price pullbacks in the last four months.
This time, BTC is more likely to end up creating a bearish lower high (shallow bounce) or may find acceptance below the average in the next day or two, as both the daily and weekly technical indicators are calling a deeper price pullback.
A UTC close below the 30-day MA would open the doors to $7,000.
If the ongoing recovery from the MA ends with a UTC close above $8,103 (today’s high), BTC may rise to $8,500 in the next couple of days.
The U.S. Securities and Exchange Commission has sued messenger app maker Kik for its $100 million ICO – which the agency contends was an unregistered securities sale – and the regulator appears to have built up a strong case in its initial court move.
In a complaint filed Tuesday, the SEC alleged that Kik violated federal securities law by not registering its kin token sale. In a response, Kik’s general counsel, Eileen Lyon, said that the SEC’s complaint makes a number of inaccurate assumptions which “stretch the Howey test well beyond its definition” and that the agency’s push will not withstand judicial scrutiny.
Nelson Rosario, a principal at Smolinksi Rosario Law, told CoinDesk that the SEC’s complaint against Kik was similar to others brought against other initial coin offerings, in particular with respect to the evidence that the regulator is putting forth.
Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31.
Money.pl received an email from one of its readers, who stated that Coinroom — which was registered in 2016 — ceased operations overnight and disappeared with customers’ money in April. Some users say they had up to 60,000 zloty (around $15,790) in their accounts.
Before ceasing its operations, Coinroom reportedly sent emails to its customers, containing information about contract terminations. Coiroom customers had only one day to withdraw their money, which was in accordance with Coinroom regulations signed by users. However, customers reportedly claim that some of them got only part of the money, while most of them did not receive their funds back at all.
Binance, the world’s second largestcrypto exchange by adjusted volume, has released its official Trust Wallet on its decentralized trading platform Binance DEX. The news was revealed in a press release shared with Cointelegraph on June 4.
As previously reported, Binance acquired Trust Wallet — an open source, decentralized wallet that initially offered native support for ethereum (ETH) and ETH-based tokens — in summer 2018. At the time, Binance had revealed its plans to list the wallet as the default wallet on its forthcoming decentralized exchange (DEX) — then still under development.
Since then, the exchange has also rolled out support for multiple cryptocurrencies on Trust Wallet — with plans to support tokens based on protocols using proof-of-stake (PoS) consensus algorithms in future.
Scaling Ethereum workshop at University of Toronto.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday, exactly like on the BTC chart, we were sitting on a major support line around 0.39$ and the break of it created a powerfull correction. In just some hours, we are about to test the 0.34$ support line which is a drop of more than 10%. Let’s see if that support will hold us or if the purge will continue. We are arriving on a little support on the BTC so we can expect a little stabilization… let’s hope 😉
I have been looking for a stock to short in the Basic Materials sector for weeks based on my sector analysis that I perform each week and I may have just found one.
SPDR Sector Relative Strength Analysis Report For Week Starting 6/3/19
On May 14, U.S. President Donald Trump credited hit tariffs on imported steel with rebuilding the U.S. steel industry, which he said is now “booming.” However, shares of North Carolina steel producer Nucor Corporation are down 25.9 percent in the past year, and one analyst double downgraded the stock on Friday.Bank of America analyst Timna Tanners downgraded Nucor from
Im a huge boxing fan. Been paying attention to the heavy division for as long as i can remember. Even during its low days. Above all boxers ive been a fan of Tyson Fury. Wilder is a big puncher, Joshua is a fine looking chap but in the end your boxing skill is what matters.
I used to be a basketball player and during that time i had a number of guys telling me i should try out boxing. Being 6ft5 i had a fairly long reach and i was fairly athletic at the time. At the time lol. At amateur levels height, reach and athleticism were huge advantages. But i never could stomach it. Even if i could avoid 99% of the punches, even if i could beat the crap out of the other guy i knew i could still get clipped and that never feels nice.
I considered it for a while, but getting into it until one faithful evening in Zagreb during my college days when some retard got kicked out of a club, climbed up on the fence and started flailing around, changed my mind. If i explained his reasoning (No explanation, he was a retard) its because im from Split and i lived in Zagreb (im actually born there) and the football clubs from each city hate each other. Its dumb but whatever. Anyways..
This guy gets pissed because he is kicked from the club during the “Split nights” in “Roko and Akademija” (club name) and starts flailing and clips me on the nose. Ive had a few to drink so i literally dont feel it. Well, i do kind of.
I feel my face getting warmer, being from a warmer climate, never before experiencing sub-zero temperatures, blood surging into my nose. I turn around and by friends are looking at me like what the hell is going on. Im completely clueless, blood pouring down my face.. It was december and i had this nice black Cashmere coat my father gave me and i see blood pouring over it.
Holly crap!
Once i realized what was happening my roommate has already jumped over the fence, he is fighting 3 of the guys there, the rest of us running out, the bouncers not letting us leave, hes throwing rocks, fighting …. and thats when i realize that boxing wasnt really for me. haha
I could toss all those little fuckers half across the parking lot, squish their little faces, but i just wasnt crazy enough to slap the bouncer and jump across the fence and pick a fight with 3 other guys that could have had guns, knives, etc. My roommate was that kind of guy. But then again my roommate was the kind of guy to drive a BMW backward 80 km/h, on the freeway drunk after his prom. Crazy fucking guy. lol.
But its those situations that make you realize what you want in life…
Funny story…
Afterwards we took the tram back to our apartment and we were sitting there, my roommate face completely bloody, he cut his hand during the fight and he smeared his face in blood as war paint (i shit you not). The blood dried off, and a cute girl was sitting in 3 am, looked at him, in a empty tram back to “Borongaj” (@runicar will know haha) and he did the Croatian equivalent of the Joey pick up line:
How you doin?
I laugh out loud at that image, whenever i think about it. haha
What was i on about????
Lol. Boxing. The upset that happened. YES!!!
Joshua looked like that guy that doesnt have that killer instinct. That doesnt have something to prove. My roommate was a flimsy guy, skinny, but he always had something to prove.
In my moment, i didnt have that drive so i knew fighting wasnt for me. But Ruiz like my roommate wanted to prove something. He wanted “it”, he would do anything to get it and he did. He won over the current most dominant champ with his flabby gut and short stature.
Just goes to show you that all you need is will…
And that is it. It seems NIKE was right. “Just do it!”. lol. Weird world we live in. But thats what makes it interesting.
Ofc, Joshua is going to KO him in the first round next time around, but thats not the point. lol
NEO seen from the temporality of 1D we can observe how the price maintains an upward movement inside an ascending wedge, one would expect that the price will find rebound just in the support located in the 1477, as we see it marked in the graph of above with a horizontal red color, to continue with the upward setup, the price should follow the trajectory that I have drawn in the image, this is a classic movement of 7 touches inside the setup, the minima to maintain a position each time higher in inclination (signal that new bulls are incorporated
Still trying to understand what is causing the drop on the market these days?
I quit already from searching the reasons long time ago, I am only stick to the Psychological aspect of the market…news supporting the different scenarios often comes later on…
For “common mortals” as we are, it is really difficult to anticipate your next move based only in news and rumors, actually what usually happens is that rumors and news come in a weirdly and sudden manner and they are only reachable in a first chance for only a few…
Normally, when you read about a rumor, the rise or
In my last couple updates, I discussed the real possibility bitcoin was topping out. It’s now decisively broken below the $8,150 support. The next area of support is $7,550.
Price is currently below the 21 Day EMA. If a daily candle opens and closes below the 21 day EMA, I’d likely signal more downside to come and possibly the start of a larger correction.
In today’s video I analyze Bitcoin, EOS, BNB, BAT, LTC, ETH and XRP. We’ll discuss where prices may be heading next, key areas to watch, possible buy/sell targets and so much more. I hope you find it helpful.
Three months ago, I wrote about Box’s fourth quarter earnings.
Box Got Crushed
One of the highlights of the earnings announcement was the dismal outlook Box reported. One of their biggest competitors is Microsoft Corp’s OneDrive and SharePoint. Thus, it will be difficult for Box to steal away SharePoint customers. In addition, Microsoft is able to provide OneDrive and SharePoint to customers at a cheaper rate than Box. Personally, I wasn’t surprised by the forecast and the chart suggested price would fall to monthly demand at $14.
Yesterday, Box reported their first quarter earnings. Box beat on earnings and revenue estimates, but reported
So… Voice launched and the dreaded MEOS turned into a fail… Theres a saying in Croatia:
Tresla se brda rodio se miš.
Thats how i feel here. From all this hype all we end up with is nothing at all. A ERC20 idea similar to MINDS that will amount to nothing. Everyone is targeting STEEM because STEEM is the only platform that has mainstream appeal. During the ATH STEEMIT was a top 800 website in the world. That is something no other blockchain has come close to achieving.
You can fool a stupid investor to drop a few hundred k on a hyped project but you cant force a large number of people to buy into an idea just because you spent money on it. The mainstream doesnt care about your RAM and cryptokitties.
Steem ofc has its problems, many of them, one of them abusive SP holders, the other vote buyers and sellers but the price of steem will always recover because among the abusers there will always be a few of those with a lot of SP that care about Steem succeeding.
For every Bernie, FTG, Haejin, Chbartist, Fyrst there is a Theycallmedan, Acidyo, Blocktrades, etc… The platform doesnt have to be perfection, it only ever has to have decent folks on it to counter the abusers, not in votes, but rather in example.
Maybe we all just have this idea in our head that STEEM either has to be perfect or it fails… I dont believe that… There will always be those that abuse the system because the system itself is not perfect and it cannot ever be perfect. Human nature is in the way.
How well our platform does is on all of us. It doesnt matter that you can make more from bots, it doesnt matter that you can make more from circle jerks, self voting..etc.. What matters is what kind of person you are.
An “abuser” will always find a justification for acting like a “abuser”. A decent person doesnt need a justification to be decent.
