How worth is your Staked PAL?

In case you don’t know, you have an amazing tool called “STEEM SCOT Voting Power” created by @blockchainstudio on which you can perform staking, claiming, check Voting Power or change your weight multiplier there.

It also tells you how much in STEEM is your Staked Token worth.

For instance, I have 1210 PAL staked:

So, according to the tool and also to the current trading price of PAL vs STEEM, in my case it is worth 508 Steem, ie 128 $…

Not bad taking into account that my investment has been almost zero!

The same you can do with any Steem-engine token, just change my user name and the Token symbol in the link below:

https://economicstudio.github.io/vp/?a=toofasteddie&t=pal#

For LEO I have the following:

1318 LEO = 160 STEEM

Not bad at all, isn’t it?

Love #newsteem !

@toofasteddie

BITCOIN: Count still valid…

…since BITCOIN have not passed yet the lowest point of the correction marked as “C” in the chart.

BTC is reaching again a well-known support already around 9400 USD…

I am confidence on that this strong support would hold BITCOIN avoiding falling lower and hopefully make resume the uptrend of the market which everybody is expecting.

This is my main scenario, the alternative one is bearish and it is based on an “ugly” Head and Shoulders pattern that may be in formation. Something like the following:

The target drop in case this pattern would be triggered launches a price for BITCOIN below 5000 USD… but, as I said, this is not my main scenario for me as far as BITCOIN keeps moving above the 9000 USD.

Enjoy!

@toofasteddie


Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

iRobot Needs A Reboot

iRobot Corporation designs, builds, and sells robots for the consumer market worldwide. It offers Roomba floor vacuuming robots; Braava family of automatic floor mopping robots; and Mirra Pool Cleaning Robot to clean residential pools and removes debris as small as two microns from pool floors, walls, and stairs.

iRobot Corp. announced their second quarter earnings after the market close yesterday. In after hour trading, the stock fell double-digits after the company missed Wall Street’s estimates for sales for the second quarter and lowered its financial expectations for the full year, citing the impact of tariffs in President Donald Trump’s ongoing U.S.-China trade war.

“The direct and indirect impacts of the ongoing U.S.-China trade war and the recently implemented 25% tariffs are likely to constrain U.S. market segment growth in the second half of the year below our expectations at the start of 2019,” Angle said.

“Even as we operate in a higher tariff environment in the U.S., 2019 is shaping up to be another successful year of double-digit revenue growth and impressive global segment leadership,” Angle said.

Source

After basing near the weekly demand at $86, price not only breached the weekly demand at $86, but also breached a critical major support/resistance line at $75. Thus, the chart suggests price is heading down to the weekly demand at $54.

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.

Will Bitcoin Get Back above $10,000?

Since yesterday’s update, Bitcoin broke the $9,950 support.

Screen Shot 2019-07-24 at 10.54.23 AM.png

In today’s video we discuss where price may go from here, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/?workin2005/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

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Breaking out a fireplace part II

Every now and then you do something that makes you stop and think, ‘wow I have grown up a bit!’, I got that whilst cleaning the kitchen, again…

Once I got the bulk of the breaking out done, I switched to clearing out the rubble, very mature. In my youth I would have just worked on top of it, stumbling and cursing as I went.

No, it’s not perfectly clean, but the floor is free from rubble, I even vacuumed! Well, the main are where I am working.

Here you can see there was already a cornice, which made me sure the fireplace was added later. I still don’t know why.

I took this photo after cleaning up a bit and vacuuming, but I had already started knocking some loose plaster off of the wall. Heat from a fire is usually enough to weaken cement quite a bit, it seems it did affect the plaster on the walls, some of it crubled off like sand. I continued hitting the wall with a hammer to take off the worst bits.

Comparing this image, with the one below, you mat see there are chunks of plaster missing in the lower image. In many places a few well placed taps with the hammer were enough to have the plaster fall to the floor. You can see how fine it broke up when breaking off the wall. Additionally I used a wire brush on the whole portion of the wall where the fireplace was, that removed quite a bit of loose and weak cement too.

Before doing any more work, I stopped again and cleaned up that mess. I must be getting old! It is much less of a chore when your work are is clean though.

I was so keen to get some plaster over this big hole that I forgot to take photos of the process where I made a board to fit inside. That way the plaster will stick to the board and not just be swallowed up by the large hole. This saves cement and time.

Here you can see a bit of the board. I was adding cement in stages so that it would not be too heavy and fall off.

I did take a photo of another hole where I did something similar, It’s much smaller so I simply broke up some smaller pieces and arranged them to stop the cement falling in.

This hole does not go through the wall, so I skipped trying to block it. Probably just because I got lazy here…

There is still much to do, I am not a builder so I figure things out as I go, sometimes it means taking 2 steps back and re-doing stuff, but I am learning as I go and improving.

I could have paid someone and it would probably be done already, but where’s the fun in that?

Curaleaf Holdings Not In The Penalty Box Yet

Curaleaf Holdings, Inc. operates as an integrated medical and wellness cannabis operator in the United States. It cultivates, processes, markets, and/or dispenses a range of cannabis products, such as vape oils and concentrates.

Yesterday, the United States Food and Drug Administration (FDA) issued a warning letter to Curaleaf for illegally selling cannabidiol (CBD) induced product online to treat various ailments such as cancer, Alzheimer’s disease, etc.

While the news shook the weak hands out, those who held on saw their return for that day only down 5% after being down 14%.

Seaport analyst Brett Hundley views the FDA letter as a “non-event” for the company and believes the stock sell-off is premature. The analyst reiterates a Buy rating on Curaleaf stock, with a price target of $11.00, which implies nearly 50% upside from current levels.  Hundley commented, “We view any weakness in CURLF shares as near-term buying opportunities for investors.

Source

An FDA warning letter also known as a FDA Form 483 is issued to manufacturers or other organizations that has violated some rule in a federally regulated activity.  However, a Form 483 doesn’t mean the end of the world, just formalizes their observation in order for the manufacturer to address the issue(s) found, usually within 15 days.

So Brett Hundley might be right…the FDA letter being a “non-event.”  However, the chart suggests to wait for price fall a bit more, to the daily demand at $5.75 before going long.

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.

Agetech could transform the care industry

Agetech
could transform the care industry (FT)

  • According
    to two chief executive of technology companies, Age-tech, i.e. applications of technology designed to address
    issues faced by elderly people, are often left unexploited as they do not
    appeal to “kids doing start-ups”.
  • Age
    tech start-up Birdie has designed a
    system for care workers to digitise and
    keep track of notes
    on elderly people living in care facilities. The
    company has thus far raised €9.5m,
    with more than 100 UK providers already using the tech.
  • Birdie
    is also trialling a combination of static
    motion and sonar sensors
    designed to pick up irregularities in behaviour
    through machine learning that could indicate health issues.
  • Another
    tech company (which remains unnamed) is targeting the steadily growing Alzheimer’s therapeutics market through specially
    designed devices/toys that stimulate cognitive function.

Analysis and Comments

  • The author makes an important point towards the end of the article by highlighting that the typical customer for technology such as the above is likely to be an older person who is caring for an elderly relative.
  • As such, players in this space that aren’t exclusively targeting care facilities are in the tricky position of having to design solutions for the use of people who themselves might be similarly uncomprehending of thetech as their elderly charges (the article includes an example of a healthcare start-up which failed for that reason).  
  • Last year was an interesting year for Age-tech, as it saw PointClickCare, a leading Canadian SaaS platform targeted at the long-term and post-acute care market, valued at a minimum of USD1bn following its latest funding round.
  • See here for a 2019 Age-tech market map including both listed and private players.

Snap…Continues To Snap Higher

Snap has been on a tear since Feb. 5th, when they reported their fourth quarter earnings. During the earnings call, Snap posted a narrower-than –expected loss, communicated that the number of daily active users (DAUs) have stabilized and their Collection Ads, which enable a business to showcase four products in a single Snap, drove over twice the return on ad spend versus Q4 2018.

Source

Yesterday, Snap Inc. shares spiked in after-hours trading when they reported adding 13 million DAU in the quarter for a total of 203 million DAUs.  Snap is still reported a net loss, but it’s less than a year ago and they beat the Wall Street’s estimates.  Thus, it’s all about the DAUs at this stage because they more eyeballs the can keep engaged, the more ad revenue they will generate.

Spiegel said in prepared remarks that the company is “seeing early positive results following the rollout of our new Android application.” Snap saw more than 10 percent increase in the retention rate of people who open Snapchat for the first time, and on the majority of Android devices with new users, Snapchatters are sending 7 percent more Snaps compared to the old version, “which we believe is an important leading indicator of their long-term retention,” Spiegel added.

Citing a redesign of the Snapchat app, which was controversial among users, as well as the Android rebuild, the CEO said, “Following last year’s substantial product evolution we believe that we are now better positioned for long-term success. Today, more than 75 percent of the 13–34-year-old population in the United States is active on Snapcaht, making us larger than services like Facebook and Instagram among this audience, and demonstrating the broad-based appeal of our service.”

Source

However, the chart suggests that the run up this year may soon reverse at the daily supply at $17.50.

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.

Crypto Contest July 24: Fusion

Fusion (Bittrex: FSNBTC) 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, Fusion began a wave one advance on May 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 20, and the red wave two (blue sub-waves a-b-c) correction ended on July 16. If this wave count is correct, Fusion should be heading next towards the June 20 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Fusion is a public blockchain creating an inclusive cryptofinancial platform by providing cross-chain, cross-organization and cross-datasource smart contracts. You can watch their intro video below.

(Sources: Fusion and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

🗞 Daily Crypto News, July, 24th💰

  • Japanese General Trading Company Backs Blockchain Platform for Wind, Solar ;
  • New York Times Confirms It’s Using Blockchain to Combat Fake News ;
  • Senate Banking Committee to Hold Hearing on Crypto Regulation ;
  • Blockchain Offers Rural Philippine Banks a Way to Boost Loans ;
  • Justin Sun Surfaces in San Francisco, Contrary to Chinese Media Reports ;
  • 📑 Daily Crypto Calendar, July, 24th💰
  • STEEM Trading Update

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

🗞 Japanese General Trading Company Backs Blockchain Platform for Wind, Solar

Marubeni Corp., a major Japanese sōgō shōsha, or general trading company, is now backing a blockchain-based power trading platform.


Per a report by Reuters on July 23, Marubeni  has issued a loan to Lithuania-based blockchain project WePower. Per Reuters, the size of Marubeni’s stake in WePower after converting the loan is yet to be determined.


WePower has reportedly developed a platform which allows small- and medium-sized enterprises to more easily buy power specifically from wind- and solar-based sources via standardized digital power purchase agreements.


The platform aims to unlock tens of billions of dollars in power generation to smaller projects in the Australian electricity market which, according to Reuters, is running out of major power consumers that will buy large quantities over long periods of time. 

🗞 New York Times Confirms It’s Using Blockchain to Combat Fake News

The New York Times Company has revealed new details relating to its ongoing blockchain publishing experiments first revealed by CoinDesk in March.


Published Tuesday, a new website for the publisher’s News Provenance Project explains how the storied newspaper’s Research and Development team plans to use Hyperledger Fabric’s permissioned blockchain to authenticate news photographs in partnership with IBM Garage, the tech giant’s accelerator program.


The project aims to combat misinformation and adulterated media, which it argues harms small and large publishers alike. “News consumers [who] are deceived and confused…eventually become fatigued and apathetic to news,” the website says.

🗞 Senate Banking Committee to Hold Hearing on Crypto Regulation

The Senate Banking Committee will hold a hearing on regulatory frameworks for cryptocurrencies and blockchain next week.


The committee said in a press release that it would hold an open session titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” on July 30, though it is unclear if this would be a fact-finding mission or if any specific pieces of legislation would be discussed.


Circle CEO Jeremy Allaire, representing the Blockchain Association; Rebecca Nelson, a member of the Congressional Research Service specializing in international trade and finance; and Mehrsa Baradaran, a law professor at the University of California Irvine School of Law will testify as expert witnesses.

🗞 Blockchain Offers Rural Philippine Banks a Way to Boost Loans

Blockchain technology offers an opportunity for smaller banks in the Philippines to boost lending and offer other financial services in rural areas, according to Union Bank of the Philippines Chairman Justo Ortiz.

Union Bank is experimenting with the use of blockchain for remittances, allowing overseas Filipino workers to send money home quickly and efficiently and exercise greater control over who receives the funds and how they’re used, Ortiz said in an interview with Bloomberg Television on Tuesday.

By plugging the 500 or so Philippine rural banks into the system, the lenders would get detailed information on the income individuals or families receive from remittances, he said. That would give them greater comfort to offer loans and other banking services to people who often fall outside the formal financial system, he added.

🗞 Justin Sun Surfaces in San Francisco, Contrary to Chinese Media Reports

If, as the saying goes, any publicity is good publicity, then Tuesday was a great day for Tron CEO Justin Sun.


The 28-year-old entrepreneur has been the talk of the crypto community for the last 24 hours, starting with Monday night’s announcement that a bout of kidney stones led him to postpone a long-awaited lunch with finance titan Warren Buffett.


Then came reports suggesting that the rescheduling was due to legal rather than medical problems. For a few hours, seemingly everyone on crypto Twitter believed Sun was in China, barred from leaving by the government amid accusations of lawbreaking.

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📑 Daily Crypto Calendar, July, 24th💰

Constantinople Activation with EIP 145 , EIP 1052 , EIP 1283 and EIP 1014 integration at block 3,100,000 , which is expected around Jul 24.

“A partnership that will greatly impact the future of Electra. This will be a true milestone.”

“The first upgrade, code named ‘Quasar’, is proposed for Jul 24th 2019 and is primarily focused on scaling.”

“On the evening of July 24 a Cardano community meetup will be hosted in Singapore.”

“If you’re keen to learn programming on the #Waves blockchain, join us for the ‘Full-Cycle dApp Development’ workshop…”

image.png

STEEM Trading Update by my friend @cryptopassion

Here is the chart of yersterday :

STEEMUSD.jpg

Here is the current chart :

STEEMUSD.jpg

The support line at 0.24$ has been tested but not broken. Like the BTC, we are having a little bounce on that support line but nothing really powerfull. A little correction on the BTC will make us break that support line quiet easly so yeah we are becoming very passive on the STEEM, just waiting for the BTC direction and doing corrections more powerfully than the BTC when it is the case.

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Last Updates

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Join this new Free To Play on the STEEM Platform !

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