Crypto Contest June 22: HyperSpace

HyperSpace (Bittrex: AMPUSD) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, HyperSpace began a wave one advance in November 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, HyperSpace should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

HyperSpace offers community-owned spaces where members are rewarded for sharing content, and benefit from a daily allowance of AMP. You can

Bitcoin $10000

I do not think that this post needs much of an introduction. You saw the lat bubble, I have seen the last 6 six. The talking heads said bitcoin was dead (for the 300th time) and it has now risen like Jesus Christ on Easter Sunday. They said it was going to $0, and we have crossed $10000, again.

$100,000 here we come. Don’t listen to the TV…the want viewers not gains.

Bitcoin Clocks 10K – Bulls Strong as Price Gets More Extended

There you have it folks, bitcoin just clocked 10k for this first time since March 2018.   Price has ripped higher today so enjoy the ride.  I would not be surprised to see some kind of reversal top in the next 24 to 48 hours.
I’m riding it for the meantime and may book a little if I see any kind of blow off top.

I’d say break out the champagne but we all remember what happened last time…..you know, we ripped to 20K.  Hahaha, keep your eyes open.  Don’t fomo and enjoy the profits if you have them.

STOP POWER DOWN MONTH (#SPDM): Another week, another 800000 STEEM more added to the exchanges…

Incorporating new weekly data from yesterday’s @penguinpablo post.

This week seems that we have managed to increase the amount of Liquid STEEM deposited at the exchanges by more than 800000 STEEM again…

Previous week the Value of Liquid Steem deposited at the exchanges was 112,938,418 STEEM

Current Week is: 113,769,695 STEEM

Difference: + 831,277 STEEM more than last week

TOTAL STEEM SUPPLY:

TOTAL LIQUID STEEM DEPOSITED AT THE EXCHANGES:

CONSEQUENCES?

BITCOIN:

STEEM:

STEEM/BTC:

Congratulations to all the big accounts doing a recurrent weekly power Down and withdraw process in a weekly basis and more in particular to our @steemit friends and associates as @gsr-io which this time has withdrawed only a little less than 200000 STEEM to the exchanges which is great!!!

…and still there is people thinking that this process does not affect at all to the STEEM Price, LOL…

Please, let the STEEM price to breathe a little for some time…

STOP POWER DOWN.

@toofasteddie

Bitcoin Pushes Toward 10K While Price Gets Overextended

Just a couple hundred points away from the big 10k.   Will it get there?  At this point it may be a self-fulfilling prophecy, but what I’m more considered about is the state of price action when it gets there.
Running to the Top of the Hill
Bitcoin has made an aggressive more higher to get near 10K and is a bit overextended as price has pulled away from the 10 day moving average (my favorite little gauge).   This doesn’t mean price cannot rip higher and go through 10K to whatever moon you are seeking.
What it does mean is that anyone buying right

Crypto Contest June 20: Centrality

Centrality (HitBTC: CENNZBTC) 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, Centrality began a wave one advance on March 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 15, and the red wave two (blue sub-waves a-b-c) correction ended on June 10. If this wave count is correct, Centrality should be heading next towards the April 15 peak in the red wave three.

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

Funnymentals

Centrality is a blockchain platform and venture studio business based in Auckland New Zealand, with offices in 4 countries around the

Question for the top 20 Witnesses about HF21

I have been a little bit distracted today regarding STEEM… fortunately I have read the last post of @mindtrap regarding what it seems to be an irremediable implementation of the famous Hardfork 21, which seems that is going to be deployed in very short time…

After reading the short informative post of @steemitblog (Steemit Update: HF21 Testnet, SPS, EIP, Rewards API, SMTs!) and all the consequent comments I personally don’t support any of the proposed changes, mainly because I think it is going to penalize thousands of content creators in favor of big whales IMO…

This time @Steemit has informed us that by Thursday 1 PM EDT a Tesnet with the HF21 will be available for anyone to test the new code… That is great because Witnesses and developers will test how stable the code will be…

But, of course, we are unable to anticipate what would be the impact that those drastic changes, IMO, will bring for the steemians.

Honestly, what I have read till now is more negative than positive…a few witnesses have defended the new proposal, some clearly not… also I have read very contrarial opinions coming not only from Minnows and Dolphins but also from Orcas and big stakers…

However, in this blockchain we have a consensus protocol on which mainly the 20 top witnesses can vote in favor or against the proposed Hardfork before its deployment.

We, the non-witness steemians have our opinion and a point of view but we can do very little if the witnesses have decided already to go all-IN for the Hardfork implementation…but, it seems to me that those witnesses can have a biased opinion since they are in the top 20, sometimes, because the big whales in favor of the HF21 have put them there…sorry if I am wrong…

Before trying the new code at the TESNET, I would like to ask a question to the top 20…hopefully I reach them from here…

who of the TOP 20 witnesses is in favor and who is against?

@yabapmatt
@curie
@blocktrades
@gtg
@roelandp
@someguy123
@good-karma
@themarkymark
@therealwolf
@aggroed
@cervantes
@thecryptodrive
@ocd-witness
@timcliff
@anyx
@ausbitbank
@smooth.witness
@followbtcnews
@lukestokes.mhth
@clayop

Just I would like an answer from each of you, IN FAVOR or AGAINST… no justification, no more comments, that’s all…

I hope they read this post.

Cheers.

Garbage IPO of the Day: $ARLO

Arlo Technologies split off of its parent company Netgear and IPO’ed last August. As you can imagine, there was no risk involved and everyone made money…

Just Kidding. If you bought the first week you are now DOWN 82% on your investment. Believe me, I love these cameras. I have 5 of them around my house exterior and use them daily, however this just goes to show you that there are more powerful forces at play and everything has RISK! So don’t listen to the pundits on TV next time when you want to buy a crypto asset and let them

Crypto Contest June 19: Harmony

Harmony (Binance: ONEBTC) 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, Harmony began a wave one advance on June 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 6, and the red wave two (blue sub-waves a-b-c) correction ended on June 17. If this wave count is correct, Harmony should be heading next towards the June 6 peak in the red wave three.

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

Funnymentals

Harmony aims to offer a high-throughput, low-latency, and low-fee consensus platform designed to power decentralized economies of the future. Boxmining interviewed

Ducklings

A mother taking her young for a walk along the stream.



Categoryanimalphotography
Camera ~ LensNikon D3400 DSLR ~ 18-55 mm
LocationAustralia

Prompt / Theme: Monsters in real life – what is one of your monsters? What do you battle with in your life?


Giveaway ? – 2 winners
Prize A: 1 Steem Basic Income share
Prize B: 250 Dark Energy Crystals (Splinterlands DEC)

Winners will be chosen randomly after post payout. If you would prefer a certain prize, please specify in your response, otherwise I may decide for you 🙂


Rules:
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  • Comment a reply directly to this post within 7 days. A genuine (family friendly) comment responding to the theme / prompt is required.
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