EOS is testing resistance again as we speak. After making a run at the 3.90 area it took a little breather before making this next attempt.
What I like is that we only saw a very modest pullback on very light volume the past few days before today’s push.
There are no guarantees we see price breakthrough, but if it does then 4.20 and 4.60 are the next upside targets I am watching.
As for the downside, I’d like to see price hold 3.70 so that this higher low that was just put in remains valid.
History looks to be repeating itself in the bitcoin market, as a key indicator’s bullish turn could mark the beginning of the next meteoric price rally.
The world’s most valuable cryptocurrency’s price action seen over the last eight months is very similar to the moves seen in 2015, according to Bitstamp data. For instance, the bitcoin bear market ended near $3,100 in mid-December 2018 and prices built a base below $4,000 in the following three months before breaking into a bull market on April 2.
Notably, the bear market drop ran out of steam two months before the 50- and 10-week moving averages confirmed a bearish crossover (in February 2019).
Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks.
Expanding Cash App
Citing a source familiar with the matter, Bloomberg reported on Sept. 12 that the San Francisco-based startup’s employees began testing the new feature in recent weeks. Once released, it will allow Cash App users to make free stock trades.
Square has reportedly not yet determined the exact date of the new option launch.
SteemMonsters reached 136,8k visits in July 2019!
N.B: My main sources of datas changed the way they calculated and estimated the datas. Therefore, this report might not be comparable to the previous one. Nevertheless they also adjusted all the past datas to make it comaprable.
SteemMonsters Daily Traffic kept on improving since the launch to reach close to 10k daily visits in August 2019.
If you are one of the 2.4 billion active Facebook users, the probability that your data has been leaked is around 17%, given the recent news of 419 million accounts being exposed. This means that, unless something changes, every sixth active user could lose control over their personal data. Again and again, no matter the government or the company managing personal data or how secure their systems are, personal data leaks happen all the time. But what are the fundamental problems of centralization and how can we rescue our data from criminals, greedy marketers and corrupt governments?
Leaks are inevitable
The last two weeks have brought us tremendous news about leaks. The most recent concerning the aforementioned database of 419 million Facebook accounts was found available to download on the internet and complete with details such as names, phone numbers, gender and country of residence. A while ago, Mastercard officially reported about 90,000 exposed accounts to European Union authorities.
The United States Treasury Department announced further sanctions against three North Korean state-sponsored hacker groups, responsible for “North Korea’s malicious cyber activity on critical infrastructure.”
Continue to enforce existing U.S. and U.N. sanctions against North Korea
On Sept. 13, the U.S. Department of Treasury announced sanctions against North Korean hacking groups, more specifically the renowned Lazarus group, and two lesser-known entities, Bluenoroff and Andariel. Sigal Mandelker, Treasury Under Secretary for Terrorism and Financial Intelligence said:
“Treasury is taking action against North Korean hacking groups that have been perpetrating cyber attacks to support illicit weapon and missile programs. […] We will continue to enforce existing U.S. and UN sanctions against North Korea and work with the international community to improve cybersecurity of financial networks.”
2019 Texas Blockchain Summit from 10 AM – 7 PM (CDT).
“Learn about PumaPay – Blockchain payment method and the potential of electronic payment in the economy 4.0”
“Presentation of the Development Strategy of EDC Blockchain and ECRO Place ▪️On September 14, 2019”
“Part of our Cryptour in Africa, we’re coming to Accra
“#Aeternity Universe One #Haeckathon starts on Saturday and guess who will be mentoring the participants?”
Here is the chart of yersterday :
Here is the current chart :
Today, we continued to test the support line around 0.154$ anf it starts to look good for buyers because sellers canot break this low. The market is becoming more and more nervous and we should have a major move in one of the direction soon.
If the BTC is not massively correcting, we could have a nice surprise on the STEEM because sellers start to have difficulties to continue their drop. In case of a correction on the BTC, we could break that support line but it will be the case of most altcoins.
Last Updates
Join this new Free To Play on the STEEM Platform !
Vodi X (Bittrex: VDXUSDT) 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, Vodi X began a wave one advance on September 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 10, and the red wave two (blue sub-waves a-b-c) correction ended on September 12. If this wave count is correct, Vodi X should be heading next towards the September 10 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Vodi is a mobile platform boasting 5+ million users in over 200 countries and is tokenizing its ecosystem by launching Vodi X. You can watch their latest update below.
How can I vote? Where is the contest?
You can vote by following this link.
If you have done a couple large renovation projects then you know what I’m talking about. When estimating rehab costs – always add a buffer on top of your total number.
Here’s Why You Always Add a Buffer to Your Reno Budget
This isn’t about how good an investor is at estimating the costs of repairs and replacements. Most of us can get good at that with some experience.
This is about the stuff that you generally can’t foresee. The stuff that just pops up, and trust me there will be things that pop-up. Especially if you are working with properties that are much older. In fact, the older the property the more likely you will have “surprises.”
Real Life Examples
I’m going to keep it simple and give you a “cheapie” I’ve personally experienced so not to scare you off. Just know, the surprises can range much higher is cost.
This is one of the reasons I stress performing as much due diligence on a property as you can before purchasing.
There are many “surprises” that can be avoided – then there are some that are just part of doing business.
My latest example fits into that category.
We are finishing up a major renovation on a property that was built in 1901. However, along the way we got caught with a few surprises. One of which had to do with the main water shutoff and the sleeve pipe that runs to the water department’s main valve.
Long story short is the sleeve had become so cockeyed that it was not possible to access the valve to turn it back on. Considering you need water in a home this was a bit of a must fix.
The real question was – is the sleeve bad or the valve too. Either way we needed to have a qualified operator come in a do his thing to repair.
After widening the opening to the exterior piping/valve and doing a little digging out the earth he was able to access the sleeve to replace and test the valve.
Good news – valve was fine. Bad news – sleeve needed to be replaced. $1200 later all is good an we can got water turned on.
Unexpected cost, yes, but at only $1200 feelt like a win. Here’s the things though. What happens when you have 4 or 5 items come up that cost that?
Since this property was so old that is exactly what happened because things needed to be up to code. Replacing the side door entrance became a $1500 costs instead of $300 because of all the layers of siding that had been slapped on over the decades. The flashing had been bumped out so far it was a mess and we basically needed to re-frame it.
These examples are the cheap ones. I have heard plenty of stories from other investors that got hit with $5-10K “surprises.”
This is why on the majority of big rehab projects I always slap an extra $10K on my total expected budget.
If the numbers still work with that then I know in the end I should come out in decent shape and better yet, if the “surprises” are limited or not existent than the deal becomes even more profitable.
Always be working your numbers and buying right!
To get the full guide on how I buy right check out the videos or the book. Remember to use the property calculator when analyzing deals!
SteemMonsters reached 136,8k visits in July 2019!
N.B: My main sources of datas changed the way they calculated and estimated the datas. Therefore, this report might not be comparable to the previous one. Nevertheless they also adjusted all the past datas to make it comaprable.
There is an important difference between total visitors to a site and unique ones. In this case the 136.8k include the multiple times a person visited the website.
Therefore, as a good Steemian you probably connect everyday which will make you count for a total of 30 visits.
Therefore, how many “unique users” does SteemMonsters has?
This is a very important question that I will try to answer later on. According to the Beta Analysis from the website I use to compile these datas, it is c.15,03k in August (compared to an average of c.14k over the past 18 months) !
SteemMonsters Daily Traffic kept on improving since the launch to reach close to 10k daily visits in July 2019.
If we compare to Steemit.com, we can see that there is a lower % of mobile traffic, let’s hope the future app will fix these issues.
Steemmonsters website is ranked 117,437 worldwide (vs 138,310 over the last 6 months).
We can also see that the rank is improving daily.
Google Trend is an Indice based on 100, which means that 100 represents the week when most people searched for “Steem monsters and steemmonsters” on Google.
Google Trends are still very low but there is hope as Bitcoin Google Trend is increasing slowly again, maybe more crypto users joining decentralized platforms?
Bitcoin Google Trend Graph
87.03% of players on Desktop, probably as it is more convenient.
Also, remember that if you connect from a different device (home/work computer, mobile phone, tablet) you will count as a “new visitor” on each of these devices.
So as an example, let’s say you connected at home, at work and in the subway. You would represent 3 visits out of these 1mn+ Daily Visits.
Direct Traffic is once again improving and represents 90,3% of the incoming Traffic. This means, the player base is sticky and addicted but we don’t seem to onboard enough new people.
Organic search is when people research on Google. As the number of quality bloggers on Steemit increase, our content has a higher probability of being listed in Google’s Top results.
Direct: When you type in you Web browser www.steemit.com
Mail: When you connect to steemit.com through an e-mail link
Referrals: When you connect to steemit.com through a link found on another website (github…)
Social: When you connect to Steemit through a Facebook, Twitter, Instagram… page or link
Organic Search: When you type a search term like “Crypto” on Google and you click on one of the following steemit link proposed to you
You can see the continous improvment of the direct line. This is showing active players and commited ones. You can interpret this growth as the ability for @steemmonsters to grow its number of players and keep them addicted to the game. Congrats !
As a player myself, I can understand why people stick around :D.
Youtube represented 69,8% of all the social platform incoming traffic. Reddit is also a strong source of new visits on the Steemit Platform.
What are Steemians main interests?
Gender Demographics
Age Distribution
Bounce rate is particularly low which is probably linked to the fact that most traffic is direct, meaning loyal users mak the biggest chunk of the traffic and they come to do their daily quest / tournament.
Next BigData Analysis coming on @drugwars, different social Steem apps and other cool projects !
Sources: Alexa, SimilarWeb, Google Trends…
buying again this bargain!!!
353 STEEM for only 50 Euros?
Now waiting to get them on my Steem account and put them all “to work” for me 🙂
I remember I bought a very similar quantity of STEEM 1 year ago… at that time I spent 5 times more Euros, around 250 Euros if I am not mistaken… Then I thought it was really a good moment for buying STEEM after a long correction…Obviously I was wrong and the market kept falling down even deeper…
But I did not care at all since that “derisive” amount of bought STEEM finally helped me in order to grow up my account, since I invested it in different projects and opportunities… The compounding effect multiplied the Steem Power rapidly…
Now I am buying again more or less in a regular basis, in small quantities taking advantage of the sudden lows that come and go while BITCOIN defines the destiny of the whole market. Last time was 2 weeks ago… again 50 Euros sent to BITVAVO directly from my Bank account, getting 303 STEEM and paying a fee of 0.13 Euros. Today I did the very same action getting 50 STEEM more in comparison…
Personally, I cannot see better moment to buy STEEM than nowadays but I prefer to do it in small quantities and enjoy from “Bargains” further more…
Slowly but surely, growing towards the 10000 SP…
@toofasteddie
Contentos (Binance: COSBTC) 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, Contentos began a wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 12. If this wave count is correct, Contentos should be heading next towards the August 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Contentos is a decentralized global content ecosystem. You can watch their intro video below.
(Sources: Contentos and YouTube)
How can I vote? Where is the contest?
You can vote by following this link.
The ups and downs on bitcoin have progressively scene smaller swings over the past couple months.
After topping out in late June price has made lower highs at the peak of moves while holding support at the 9400 or 9800 level.
As you can see looking at the chart we are getting closer and closer to the apex of that triangle, meaning price action is getting tighter and tighter.
It’s just a matter of time until we get a move breaking out of breaking down from this pattern.
Who knows, it could be the catalyst to some volume coming in for some real price movement.
I’m not going to speculate on which way it will resolve. I just know if we break 9400 I will be buying at 8500, assuming it gets there.
If price breaks higher than I will look for a buying opportunity most likely on a break of 11,000. Though I prefer to wait for a pullback after any push. Sometimes you don’t get it though.
S&P 500 Smart Money Sentiment 9/12/19 – Is The Silver Breakout A Fakeout???
The Commitments of Traders (COT) is a weekly market report issued by the Commodity Futures Trading Commission (CFTC) listing the positions held by commercial traders and the “Smart Money”, the hedge funds and bank institutions in various futures markets in the United States. Since the COT measures the net long and short positions held by speculative traders and commercial traders, it is a great resource to gauge sentiment in the Markets.
Since breaking out of the long term down trendline in July, Silver has climbed more than 30%. However, last week, Silver formed an inverted hammer candle on the weekly chart. A hanging man is a bearish reversal candlestick pattern that occurs after a price advance and hints at the reversal of an uptrend.
So is Silver’s breakout a fakeout?
Well, for the Silver Bulls out there, what we see is as price is increasing, so is the open interests, meaning the Smart Money is buying long futures contracts.
The buying frenzy is also being supported by the bullish sentiment, which has increased from 10% in June to almost 70% today.
But the raw data to put the Silver Bulls at ease. There was selling back in May, but since then, the Smart Money net positions continue to increase. Thus, the Smart Money has confirmed, this isn’t a fakeout, but a pullback before the continuation higher.
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.
