The Victimless Hack

Binance got hacked yesterday – by now everybody knows that. I think it’s great thing for all concerned. This is why:

Intro:

Binance got hacked and lost about 7000 BTC in a single transaction. From what I have read, the hack appears to have been carried out by a very patient and professional team. Viewed from my military background; I have to admire the planning and execution of the hack, which in no way means that I condone what the hackers have done. Au contraire – I look forward to watching them trying to spend or exchange that BTC further down the

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Your keys, your Bitcoin! Binance keys, hacker Bitcoins!

Image result for funds not safu

Dont you love the crypto world? Because i do.

Are you saying that no one uses your dapp focused blockchain and no dapps are built on it?!

Heres a billion USD!

Are you saying that there is a guy running a successful blockchain project that is a known fraud and is lying that he is the creator of Bitcoin?!

Lets give his project a billion USD marketcap!

Are you saying that by using blockchain we dont have to store our funds in centralized financial institutions!!!

Awesome! Now lets put all our money in a centralized financial institution!

The crypto world is the upside down world. Where everything is BS and almost everyone pretends to subscribe to core values associated with blockchain. .

BINANCE: Price action is about to happen

Without so much time for writing today, so, short post here.

Symmetrical triangle formation on BINANCE, 4 hours chart:

Volume keeps being constant awhile Stochastic RSI on the daily chart indicates a good moment for buyers.

Every time Stochastic touches the lower limit there is a good jump upwards:

Price action is coming to BINANCE again and if we consider the historical data we have from the last three months the direction of the price movement must be upwards.

Target 28 USDT.

Stop Loss placed at 21.2 USDT.

Enjoy!

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this

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List of Top 2019 Coins so far

This is not a “buy now” list. It’s not a “best performers” list. It’s not a list of coins that will do well for the rest of the year or a list of my favourite projects. It’s something like a combination of all of those.

What I did for this post was to look at the coins that have performed the best in 2019 – from 1 January to date. The market has generally been bullish and most coins have climbed during that time. As a reference: BTC is up 44.22%. For this list I chose coins which are up 100%

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If BINANCE asks we react…

If there is one mandatory task that any good steemian should or must do regularly besides voting for witnesses is to promote STEEM every time the opportunity appears.

Our friends of BINANCE are asking which tokens we would like to see at their BINANCE Chain which, in case you don’t know yet, it is a custom blockchain that features a permissionless decentralized exchange (DEX). For your information, this new blockchain will become available to the public on April 23 and I am sure there will be some positive effects on the tokens listed there.

You can see the announcement in the following link from twitter:

I have already replied them obviously “voting” for STEEM and I think would be good if you do the same.

So, please, go there and reply telling $STEEM or #STEEM or whatever the tag used but always with STEEM !

Cheers,

@toofasteddie

The Crypto Community has Spoken!

Something very interesting has been happening in crypto for the last week or so. If you didn’t look carefully, you may have missed the broader implications.

By now it is well known that self-proclaimed-Satoshi Craig Wright went after Twitter personality @hodlonaut, placing a bounty on his head in an attempt to find his true identity and saying that he would sue anyone else who denies that he is Satoshi Nakamoto. Craig wants people to identify hodlonaut by his tattoos and offered a 70 BSV reward (about $5000 at the time). However, this rewards is becoming less and less attractive as time

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Bearish Divergence on LITECOIN and BINANCE?

Following the last movements of BITCOIN on which we are
currently experimenting a drop on the price, we can see some signs of
“exhaustion” in the rise of some of the major altcoins that have led the
rise lately.

This is the case of LITECOIN and BINANCE Coin.

On LITECOIN:

we can be very satisfied of its performance, it has completed 5 waves, forming a promising 1st one in black. The price has grown constantly from 24 to 64 USD in the last 3 months but, unfortunately, the RSI  seems to indicate a clear DIVERGENCE on the rise of the last three Highs…

If

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BNB, LTC and EOS: three major cryptos leading the rise

I have been talked about this 3 cryptos since weeks ago already.

These three are the most bullish cryptos right now among the major ones.

Their approach to the “GOLDEN CROSS” or the cross of the 50 Day Moving Average through the 200 Day Moving Average was so clear to happen in the short time that I already estimated the dates for this event to happen just by extrapolating both trends.

In the case of BINANCE COIN [BNB], It accomplished the prediction as I expected on March the third:

BINANCE may have completed already 5th wave up and so, the 1st big wave

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BINANCE [BNB]: Golden Cross reached

As anticipated 10 days ago at this post, today BINANCE COIN has reached the expected point on which markets used to confirm the “reversal” trend, the GOLDEN CROSS.

For me this is a clear indication of Bulls back to the action, of course, only regarding this Coin.

As you can see in the image, there are 5 waves completed, the price reached the target of 12 USD and seems BNB is starting to build the correspondent correction.

An ABC correction used to get completion in the territory of the previous 4th wave, in this case, this territory is 61.8 % of the total

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Centralized exchanges are parasites and you really cant trust “Coinmarketcap” numbers.

Ill try and keep this short. As you folks already know there is this extremely developed dependence of Crypto on crypto exchanges. This dependence is so perverse that getting listed/unlisted can make or break a crypto project.

And of course, since crypto exchanges arent regulated they completely abuse that fact doing what is basically stealing. Falsely presenting financial information based on which they charge crypto projects disgustingly large fees.

Im not well versed in financial law, but even what they are doing isnt criminal activity, its fraudulent and unethical.

Very simply put:

Out of the top 25 BTC pairs on Coinmarketcap only 2 arent massively inflating volume according to blockchaintransparency.org


Apparently only Binance, Bitfinex and Liquid are legit. How does this fit in with market analysis when there are exchanges that have actual volume at only 1% of reported volume?

1%

Bold italic with the biggest heading.

There is simply no denying that centralized exchanges are parasites that pray on new projects and take advantage of them.

Data suggests that an average project spent over $50,000 in listing fees to exchanges on the advisory list (of blockchaintransparency.org) this year. This totals over $100 million stolen in 2018 via listing fees, with some exchanges making over $1 million from this alone.

If im honest i wouldnt even trust that Binance and Bitfinex arent doing shady things when you look at everyone else. Still, the list (if you decide to trust it. Cant trust nothing nowadays) absolves them.

It simply amazes me that after 10 years of bitcoin we are so dependent on centralized fraudulent institutions. And in crypto of all things. Isnt that something we wanted to escape? Something we are fed up with?

Anyways, as always, scammers can go to hell.

Ill see you around.

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