Liberland show

In this episode our guest Joey Langenbrunner, Deputy Head of Mission to The US, discusses:

1) Liberland’s most recent visit to the United Nations
2) Liberland on Google Maps
3) The Liberland Aid Foundation (liberlandfoundation.org)

Contact Joey:
ohio@liberland.org

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*Our show is hosted by Adam J. Carswell

BTC update: 21 October

As BTC grows so it slows. This is a little frustrating to those of us who have grown used to the rapidly changing BTC market of old, but on the other hand, it’s a positive sign of adoption and of maturation.

While on that subject, I would like to remind everybody just how far we’ve come since late 2017 (when BTC was at the height of a major bull run). We may not see the developments taking place on a day-to-day basis, we may not notice how much the market has changed since then, but it HAS!

Think of the primitive wallets you used two years ago. Think of the clunky exchanges and their primitive user interfaces. Think of all the new crypto derivatives products, the regulations which make institutional investment possible, the constant mainstream news coverage. The price doesn’t reflect it, but crypto has made good use of the bear market and subsequent consolidation period. Crypto has grown – something that will stand it in good stead when hype picks up again. For example: Bitcoin’s hash rate is currently about six times what it was when BTC was at its All Time High. Crypto is fully ready for the next bull run, now it’s just a question of waiting for the investors to catch up!

Without further ado, let’s look at some charts:

Forecast:

My last couple of posts on Twitter have looked something like this:

It is my belief that BTC price is forming a bear flag, from which I expect it to drop into the low $7000s, possibly even into the $6000s if the $7000 psychological support level fails to hold.

For this reason I have made the mid-to-low $7000s my “Buy Zone”, while anything in the $6000s is my “Buy Like Crazy Zone”. I do not anticipate a scenario where BTC drops below $6000.

However, my already-published Bear Flag Charts can not be quite correct. I say this because BTC broke below their base this weekend, but then recovered. Analysing this, I have concluded that the most likely scenario is that a bear flag is still forming, and I have adjusted my charts accordingly to incorporate the recent price dip. My latest interpretation of the flag is depicted by the shaded rectangle on the chart below.

The most likely short-term future scenario is now that BTC will climb in price until it reaches the top of the flag again. This will occur at approximately $9000. Thereafter, BTC should drop back to the bottom of the flag and break through into the “Buy Zone” (at least I hope it will). I expect such a downwards break to occur in the last three days of October.

You may have noticed a thin, dotted, horizontal red line at $7600 on the charts, this is merely a price alert that I have set at that level. If it triggers, I will fine-tune my own buy prices, because I’m looking to buy from $7500 downwards.

Accuracy and probability:

My original bear flag was a text book example of a bear flag. For this reason I had fairly high confidence in it, though flag and pennants are never a sure thing. After the adjustment of the flag, it may be that it becomes more of a Descending Channel than a bear flag, but this doesn’t really matter because:

1) The outcome of the two patterns is identical,
2) The two patterns have similar levels of predictive reliability (around 70%).

Unfortunately there are many different possible scenarios that could occur from this point forwards. For this reason it is difficult to confidently predict any specific scenario with certainty. BTC may continue to rise now and break out of the top of the flag – destroying it completely, or it could continue sideways and begin to create some other pattern.

What I have described in this post in my best guess, based on current levels of market hype (low), volume (stagnant), previous price movement patterns and long-term trendlines. I am about 50% sure that BTC will take a dip to the low $7000s/$6000s, find the long-term trendline and then move gradually upwards again. It’s also worth remembering that during times such as these, markets often plunge unexpectedly, followed by a very rapid recovery. Such a price movement may move well beyond the levels predicted, and could be exploited by shrewd traders who have their order prices set to catch it.

Yours in crypto

Bit Brain

All charts made by Bit Brain with TradingView

“The secret to success: find out where people are going and get there first” 

~ Mark Twain

“Crypto does not require institutional investment to succeed; institutions require crypto investments to remain successful” 

~ Bit Brain

Bit Brain recommends:

Crypto Exchanges:




Intuitive Surgical Strikes Again

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. Its da Vinci Surgical System transforms the surgeon’s natural hand movements outside the body into corresponding micro-movements inside the patient’s body.

Intuitive Surgical, Inc. has been at the forefront of robot-assisted surgery for more than two decades. The beauty of their products is they allow quicker recovery times for patients undergoing surgery through minimally-invasive surgery which lower the bill for all parties involved.

Traditional open surgery involves a large cut so the surgeon can see the part of the bodying being worked on.  Minimally invasive surgery involves small cuts and accessories like small tools, cameras, and lights that fit through several tiny cuts in your skin.  And minimally invasive surgeries done by robotic technology allows for more precise control through an operative field in 3-D resulting in a speedier recovery spent at home vs. in the hospital. 

Robotic surgery is steadily carving its niche across a wide array of surgical fields within MedTech. In neurosurgery, image-guided robots enable the examination of brain lesions without resulting in any major damage to adjacent tissues.   In orthopedics, robotic surgery helps shape the femur to precisely fit prosthetic hip-joint replacements. Currently, an increasing number of orthopedic surgeons are opting for robot-assisted surgery for knee, hip and spine.  Robot-assisted surgery has also been finding its application in urology, especially in prostatectomy. Complex gynecological surgeries have also been witnessing the increasing adoption of robotics, using the Da Vinci Surgical System.

Source

It’s no wonder that over
the last five years, Intuitive Surgical earnings per share have grown 21% per
year, which has translated for their stock price increasing 28% per year during
that same time frame.  And this past
week, their earning results continue to impress.

Intuitive Surgical
reported earnings per share of $3.43 a share in the third quarter, beating
expectations of $2.96.  Revenue also
topped expectations at $1,128 million, compared to $921 million in the third
quarter of 2018.

The company credited the earnings beat due to increased U.S. general surgery and worldwide urologic procedures utilizing their da Vinci robot.

Image result for da vinci robot

275 da Vinci robot were shipped in the quarter, an increase of 19% vs. the year-earlier period.  There are now there were 5,406 installed da Vinci systems worldwide and this number will only increase as the cost of health care continues to rise.

Source

Speaking of rising, where is the stock heading next, let go to the charts to find out? Right now the playing field is between the weekly demand at $450 and the weekly supply at $580.

Thus, the chart suggests to go short if price makes it up to the daily supply at $580.

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.