BTC and more – 12 April

 
I have publicly stated that I expect BTC to drop in price soon, based mainly on an extended period of reduced volume. Perhaps BTC didn’t hear me, because so far it appears to be ignoring my prediction.
Contrary to the medium-term decline in volume, BTC has undergone a short-term volume increase and has now formed a potentially bullish converging triangle pattern. It’s a short-term pattern, so I wouldn’t read too much into it and it doesn’t invalidate any predictions of a medium-term drop, but it does indicate that BTC’s next movement is probably a bullish one.
If BTC does rise a few

World Series of Crypto Trading

 
I’ve just entered the World Series of Crypto Trading
and I suggest that you enter it too.
 

From https://wsoc.io

The World Series of Crypto Trading (WSOC) takes place on the Waves platform. I love platform coins, but as much as I want to, I can’t hold them all. WAVES is a cryptocurrency which has so far (unfortunately) escaped being added to my portfolio. In hindsight I should have bought WAVES long ago, instead of several other unsuccessful coins which I did buy.

One of the nicest things about Waves is that it has its own DEX, and that is where the WSOC trading will

Bitcoin: Waiting to Exhale

 
If you caught the film/book reference in the title then I have bad news for you: you’re old. Like me.
It has recently come to my attention that BTC looks poised to fall in price.
Nothing Earth shattering, just a regular, healthy price retracement.
If you follow me on Twitter then you should have seen this over the weekend:
 

From https://twitter.com/brain_bit

 

Like I said in that Tweet, I’m expecting a drop in the region of $1.5k – $2k. I base this on a variety of factors: reigning market sentiment, support levels, volume and historical retracement behaviour. Also as I said in the Tweet, this is

A Stable of Binance Coins – General musings

By now I’m sure that most of you have heard that Binance will be launching it’s own stablecoins soon. They have been testing with a small amount of BGBP – a coin pegged to the British Pound (GBP) and they say that others are in the pipeline.
The Binance approach is an interesting one, because unlike most other stablecoins, they are not focussing on USD based coins. Indeed, they are specifically NOT focussing on USD.
Binance has clearly been studying the stablecoin environment for some time, you can see the results of this in their stablecoins research report published last month: “The

Crypto Shopping Cart – 06 June

Prices went down, but the market is clearly moving along. That can only mean one thing: time to get the Shopping Cart into gear!

BTC has made some good gains this year, but for the most part, altcoin prices remain very low compared to BTC. The whole market may have climbed by about 150%, but the alts have been slow to gain any sat value. While we can’t be certain of this, it is likely that altcoins will eventually make significant gains against BTC. I believe in BTC, I really do, but I don’t believe that it should hold over 50%

KYC? No thanks!

Every day, without fail, I see crypto supporters arguing in favour of KYC.

KYC does have a place in crypto, but not nearly to the extent that is commonly believed.

Before I get into this post, I have to make a slight detour on behalf of the Americans who may be reading this. Please bear with me:

For the Americans: (generalizations to follow)

I have noticed that Americans in particular are pro-KYC, far more so than other crypto investors. I believe that this is because Americans are largely isolated from the outside world. As a large country with great wealth, American citizens can happily live their entire

The Bitcoin Halving Event – Part 2

Yesterday I started a two part series on Bitcoin Halving. This is the second part of that series. It will make little sense if you have missed Part 1.  Part 1 is available here: https://trybe.one/archives/the-bitcoin-halving-event-part-1/

The Bitcoin Halving Event – Part 2

TRANSACTION FEES:

What happens after the very last Bitcoin has been mined? Will miners stop mining because there are no longer any block rewards? No, they won’t. That is because block rewards are only a part of what miners earn when they mine a BTC block. They also earn transaction fees.At the moment transaction fees are only worth around 10% of the block

The Bitcoin Halving Event – Part 1

Listen up and listen well!

Do you know what my real job is? It’s to be the voice of reason in a confused sea of opinions. I’m the guy who goes and finds the golden thread of truth amongst all the clutter. I’m the guy you turn to when you need an objective opinion, but everyone you know is running around like a headless chicken.

The chickens are running!

And squawking. Loudly. (Which is no mean feat for a chicken which has no head!)

All of the chickens are squawking the same thing:

“BITCOIN HALVING”

It seems as if halving is as misunderstood as what it

BTC Patterns: How to Analyse Properly

We have all seen long-term Bitcoin charts with repetitive cycle overlays on them. I have published a fair share of them myself. Charts such as this:

I like patterns as much as the next guy does, in fact – I base a lot of predictions on repeating patterns. But I have a problem.

Right now BTC is not adhering nicely to any of my patterns. It started climbing hard in April, three months too early by my calculations, and now it just keeps on climbing! Every time I expect a 20-35% retracement, BTC laughs at me and adds another $1000 to its

What’s Moving? (in crypto)

Like most crypto holders, my portfolio is performing rather well at the moment.

However, some of my coins are clearly outperforming the others. As a rather diverse portfolio holder, I thought I would share with you some of my coins which I have seen doing well lately, and those which may continue to do well in the near to medium-term future. I’m not saying “buy these coins”, I’m saying – consider these coins if you are looking for something to buy, because they seem to be doing well at the moment.

Of course just because a coin is doing well at the