Bitcoin Price in 2013 Finance Reference

Why do almost all Bitcoin Price Chart Sites only show price history back to April 2013? What changed?

None of these sites go past April 2013 anymore.
These sites do.
submitted by bearCatBird to BitcoinMarkets [link] [comments]

Why do almost all Bitcoin Price Chart Sites only show price history back to April 2013? What changed? /r/BitcoinMarkets

Why do almost all Bitcoin Price Chart Sites only show price history back to April 2013? What changed? /BitcoinMarkets submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Lines of Navigation | Monthly Portfolio Update - July 202

Our little systems have their day;
They have their day and cease to be
- Tennyson, In Memoriam A.H.H.
This is my forty-fourth portfolio update. I complete this update monthly to check my progress against my goal.
Portfolio goal
My objective is to reach a portfolio of $2 180 000 by 1 July 2021. This would produce a real annual income of about $87 000 (in 2020 dollars).
This portfolio objective is based on an expected average real return of 3.99 per cent, or a nominal return of 6.49 per cent.
Portfolio summary
Total portfolio value: $1 800 119 (+$34 376 or 1.9%)
Asset allocation
Presented visually, below is a high-level view of the current asset allocation of the portfolio.
[Chart]
Comments
The portfolio has substantially increased this month, continuing the recovery in portfolio value since March.
The strong portfolio growth of over $34 000, or 1.9 per cent, returns the value of the portfolio close to that achieved at the end of February this year.
[Chart]
This month there was minimal movement in the value of Australian and global equity holdings, There was, however, a significant lift of around 6 per cent in the value of gold exchange traded fund units, as well as a rise in the value of Bitcoin holdings.
These movements have pushed the value of gold holdings to their highest level so far on the entire journey. Their total value has approximately doubled since the original major purchases across 2009 to 2015.
For most of the past year gold has functioned as a portfolio stabiliser, having a negative correlation to movements in Australian equities (of around -0.3 to -0.4). As low and negative bond rates spread across the world, however, the opportunity cost of holding gold is reduced, and its potential diversification benefits loom larger.
The fixed income holdings of the portfolio also continued to fall beneath the target allocation, making this question of what represents a defensive (or negatively correlated to equity) asset far from academic.
This steady fall is a function of the slow maturing of Ratesetter loans, which were largely made between 2015 and 2017. Ratesetter has recently advised of important changes to its market operation, and placed a fixed maximum cap on new loan rates. By replacing market set rates with maximum rates, the peer-to-peer lending platform appears to be shifting to more of a 'intermediated' role in which higher past returns (of around 8 to 9 per cent) will now no longer be possible.
[Chart]
The expanding value of gold and Bitcoin holdings since January last year have actually had the practical effect of driving new investments into equities, since effectively for each dollar of appreciation, for example, my target allocation to equities rises by seven dollars.
Consistent with this, investments this month have been in the Vanguard international shares exchange-traded fund (VGS) using Selfwealth. This has been directed to bring my actual asset allocation more closely in line with the target split between Australian and global shares.
Fathoming out: franking credits and portfolio distributions
Earlier last month I released a summary of portfolio income over the past half year. This, like all before it, noted that the summary was prepared on a purely 'cash' basis, reflecting dividends actually paid into a bank account, and excluding consideration of franking credits.
Franking credits are credits for company tax paid at the company level, which can be passed to individual shareholders, reducing their personal tax liability. They are not cash, but for a personal investor with tax liabilities they can have equivalent value. This means that comparing equity returns to other investments without factoring these credits can produce a distorted picture of an investor's final after-tax return.
In past portfolio summaries I have noted an estimate for franking credits in footnotes, but updating the value for this recently resulted in a curiosity about the overall significance of this neglected element of my equity returns.
This neglect resulted from my perception earlier in the journey that they represented a marginal and abstract factor, which could effectively be assumed away for the sake of simplicity in reporting.
This is not a wholly unfair view, in the sense that income physically received and able to be spent is something definably different in kind than a notional 'pre-payment' credit for future tax costs. Yet, as the saying goes, because the prospect of personal tax is as certain as extinction from this world, in some senses a credit of this kind can be as valuable as a cash distribution.
Restoring the record: trends and drivers of franking credits
To collect a more accurate picture of the trends and drivers of franking credits I relied on a few sources - tax statements, records and the automatic franking credit estimates that the portfolio tracking site Sharesight generates.
The chart below sets out both the level and major different sources of franking credits received over the past eleven years.
[Chart]
From this chart some observations can be made.
The key reason for the rapid growth over the recent decade has been the increased investment holdings in Australian equities. As part of the deliberate rebalancing towards Australian shares across the past two years, these holdings have expanded.
The chart below sets out the total value of Australian shares held over the comparable period.
[Chart]
As an example, at the beginning of this record Australian equities valued at around $276 000 were held. Three years later, the holding were nearly three times larger.
The phase of consistently increasing the Australian equities holding to meet its allocated weighting is largely complete. This means that the period of rapid growth seen in the past few years is unlikely to repeat. Rather, growth will revert to be in proportion to total portfolio growth.
Close to cross-over: the credit card records
One of the most powerful initial motivators to reach financial independence was the concept of the 'cross over' point in Vicki Robins and Joe Dominguez's Your Money or Your Life. This was the point at which monthly expenses are exceeded by investment income.
One of the metrics I have traced is this 'cross-over' point in relation to recorded credit card expenses. And this point is now close indeed.
Expenditures on the credit card have continued their downward trajectory across the past month. The three year rolling average of monthly credit card spending remains at its lowest point over the period of the journey. Distributions on the same basis now meet over 99 per cent of card expenses - with the gap now the equivalent of less than $50 per month.
[Chart]
The period since April of the achievement of a notional and contingent form of financial independence has continued.
The below chart illustrates this temporary state, setting out the the extent to which to which portfolio distributions (red) cover estimated total expenses (green), measured month to month.
[Chart]
An alternative way to view the same data is to examine the degree to which total expenses (i.e. fixed payments not made on credit card added to monthly credit card expenses) are met by distributions received.
An updated version of this is seen in the chart below.
[Chart]
Interestingly, on a trend basis, this currently identifies a 'crossing over' point of trend distributions fully meeting total expenditure from around November 2019. This is not conclusive, however, as the trend curve is sensitive to the unusual COVID-19 related observations of the first half of this year, and could easily shift further downward if normal expense patterns resume.
One issue this analysis raises is what to do with the 'credit card purchases' measure reported below. This measure is designed to provide a stylised benchmark of how close the current portfolio is to a target of generating the income required to meet an annual average credit card expenditure of $71 000.
The problem with this is that continued falling credit card spending means that average credit card spending is lower than that benchmark for all time horizons - measured as three and four year averages, or in fact taken as a whole since 2013. So the set benchmark may, if anything, be understating actual progress compared the graphs and data above by not reflecting changing spending levels.
In the past I have addressed this trend by reducing the benchmark. Over coming months, or perhaps at the end of the year, I will need to revisit both the meaning, and method, of setting this measure.
Progress
Progress against the objective, and the additional measures I have reached is set out below.
Measure Portfolio All Assets
Portfolio objective – $2 180 000 (or $87 000 pa) 82.6% 111.5%
Credit card purchases – $71 000 pa 100.7% 136.0%
Total expenses – $89 000 pa 80.7% 109.0%
Summary
One of the most challenging aspects of closing in on a fixed numerical target for financial independence with risk assets still in place is that the updrafts and downdrafts of market movements can push the goal further away, or surprisingly close.
There have been long period of the journey where the total value of portfolio has barely grown, despite regular investments being made. As an example, the portfolio ended 2018 lower than it started the year. The past six months have been another such period. This can create a sense of treading water.
Yet amidst the economic devastation affecting real lives and businesses, this is an extremely fortunate position to be in. Australia and the globe are set to experience an economic contraction far more severe than the Global Financial Crisis, with a lesser capacity than previously for interest rates to cushion the impact. Despite similar measures being adopted by governments to address the downturn, it is not clear whether these are fit for purpose.
Asset allocation in this environment - of being almost suspended between two realities - is a difficult problem. The history of markets can tell us that just when assets seem most 'broken', they can produce outsized returns. Yet the problem remains that far from being surrounded by broken markets, the proliferation appears to be in bubble-like conditions.
This recent podcast discussion with the founder of Grant's Interest Rate Observer provided a useful historical context to current financial conditions this month. One of the themes of the conversation was 'thinking the unthinkable', such as a return of inflation. Similar, this Hoover Institute video discussion, with a 'Back from the future' premise, provides some entertaining, informed and insightful views on the surprising and contingent nature of what we know to be true.
Some of our little systems may well have had their day, but what could replace them remains obscured to any observer.
The post, links and full charts can be seen here.
submitted by thefiexpl to fiaustralia [link] [comments]

One Year Update: 38M FIREd

Well, February 22nd makes it one whole year. I think that's deserving of a top level post, right?
Here are screenshots of the Mint Trends, which has every single expense from the past year categorized. I've added comments on each page.
Expenses Overview
Auto Expenses
Food Expenses
Home Expenses
Utility Expenses
Tax Expenses
Healthcare Expenses
Entertainment Expenses
Main takeaways, my total expenses for the year was $37,700, but I'm going to dismiss about $15,000 of that as "one time" expenses from paying off my car and my furniture loan. A more reasonable number for my annual spend is $22,700.
With my car payment gone, my highest expense category is Food, averaging $500 per month. This has room for improvement.
Healthcare will look artificially low last year because of taking Tax Credits up front. This year I am not and will be paying $325 per month for health insurance. At ~$4000 per year, this puts healthcare at nearly 20% of my total expenses.
Nothing else is particularly interesting. That $22,700 figure is a reasonable real-world number for me, but for future planning I'd still inflate that to $25,000 just to have more wiggle room. I may look into traveling this year, which would add some expense.
Investments:
Vanguard Investments: (All in VTSAX)
Other LTCG holdings: $145,000 -> $291,000 (other investment accounts and bitcoin)
HSA Investment Account: $6000 -> $7400, with another $1700 in the "cash" holdings of the HSA.
$9000 cash in Money Market & Checking Account.
Finances Going Forward
I had earned income last year so I didn't start my Roth Conversion Ladder last year. This year I decided I will be converting the $12,400 standard deduction + $9600 of the first tax bracket for a nice round $22,000 converted. Yes I'll owe a little bit of taxes, but it sets up my Roth with $22k in 5 years which should cover the majority of my expenses. And with $350k currently in tIRA and converting $22,000 per year, I won't be able to chew through it all before actual retirement age.
I have about $20k from an old stock purchase plan that unlocks come April, which I will be selling and likely moving over to my money market account to shore up my "cash" holdings.
My plan is to not really tap any of my "normal" investment accounts for as long as possible. I've been deferring to selling Bitcoin if I need to move some cash over. Last year I sold 3 bitcoin, one for $9300 in June, and then two at the end of December (for tax year Capital Gains reasons) for $7300 each. These were all LTCG at 0% taxed. AGI for last year is around $35,000.
The Living Part:
There's all the boring expenses and financial stuff. Now for the ever painful question that my beloved Grandmother loves to ask, "But gosh, what do you do with all of your time! I can't imagine being retired at your age!"
Step 1, restful sleep. During my working career I lived off 6 hours of sleep every day. It made for exhausting weekends trying to "make it up." And luckily I'm not a generally stressful person or else it'd have been worse. But now I go to bed when I'm tired, and whenever I naturally wake up, I get up. This can lead to VERY weird hours since I'm often an extreme night owl. But I generally get 9-10 perfect restful uninterrupted dream-filled hours of sleep.
I'm betrayed by my "Food Expense" breakdown, but I really am cooking more and eating better. I drink a lot of coffee and water at home and generally try to eat only one meal per day, but sometimes lunch and dinner. I don't normally eat breakfast, just have coffee when I wake up. And did I mention how much less painful it is to go grocery shopping when it's in the middle of the day and everyone's at work. It's so nice.
I spend a lot of time on reddit browsing my front page, and I check out the YouTubers I follow that post daily, then check out any of the irregular posters. Depending on how much good stuff there is, this could go on for a few hours.
I have a lot of hours playing video games. I tend toward puzzle games or building games (Factorio, Satisfactory) because they scratch that itch in my engineering brain. There are times at night where I'll spend hours on this website: https://www.puzzle-sudoku.com/ and play Sudoku or Nonograms or any of the other puzzle types on the bottom of the page.
I'm doing my best to watch every single last show on Netflix. It's a daunting task, though it's surprising how often I drift back toward watching the same smattering of Star Trek: The Next Generation episodes rather than try something new. But I try and take recommendations and work my way through shows.
And Podcasts! The joy of joys is when I come across a new-to-me podcast that has a huge backlog. I found a great ST:TNG rewatch podcast that had 108 episodes already done. I spent like 2 months watching the episode of TNG then immediately listening to their podcast about that episode, repeat repeat repeat. I'm currently working my way through The Adventure Zone, I'm on episode 46 of 155 with them. And they keep advertising the other podcasts The McElroys do so I'm sure I'll roll into one of those next. For many people podcasts are background noise, but I'll often just sit on the couch and concentrate on just listening the podcast.
Outside of home, I can't wait for the weather to get nicer so I can go on more walks. Being a night owl I like going for walks at night. I live near our city center so I'm within blocks of city hall, the main library branch, and the fountain / park.
I jump at any opportunity to hang out with friends. It's just about every weekend that we are getting together to hang out and play board games. Like I mentioned in one of the breakdowns, I've started to play D&D with my buddy and his wife. I'd never played before but he's been DMing for years (but hasn't had a group for 10+ years now). He's glad to be playing again, his wife loves it, and it's super convenient for them to stay home with the 5 month old daughter. (And baby gets to hang out with Uncle Oracle.)
I get together with former co-workers every few months to keep in touch with them. One in particular I have a standing every-2-month bar date with. I remind them every so often that if they want to go out to lunch ever to just call me.
Personal History
Just a quick personal history in closing. I was an automotive engineer working for OEMs and Tier 1 suppliers in the Metro Detroit area. In the 2008 downturn I lost my job and was unemployed for 2 years and ended up getting my house foreclosed in 2010. By the time i got a job in March of 2010 I was basically at $0. I had a tiny amount in an 401k, had about $20,000 in credit card debt from being unemployed.
But then I got a very well paying engineering job ($108k annual and eligible for time-and-half overtime). I kept living like I was unemployed, spent as little as possible and saved as much as possible. Through my parents I secured a mortgage on a nice 1 Bed / 1 Bath 900 sq ft condo. I paid off my CC debt in less than a year and kept banking cash and maxing my 401k every year.
I heard about bitcoin in early 2013 (from a guildmate in World of Warcraft, believe it or not) and jumped on board. All time bitcoin price chart (log scale) for those unfamiliar with the history. I got in before the first spike to $1000 in December of 2013, and kept buying throughout the downswing in 2014 / 2015. In 2017 I sold 5.6 BTC for a total of $6000 and paid off the last of my student loans and my car, then a few months later I sold 4.25 BTC for $6700 and paid off the last of my condo mortgage. So in May of 2017 I was officially debt free and had a net worth of about $200,000.
Then in the fall of 2017 was when bitcoin exploded. I knew I had to take profits here. Every time the price went up 10% I sold another bitcoin. $7500, $9000, $10700, $13000, $15500, $18600. I sold all the way up. I ended up selling about $100,000 in bitcoin that year and I pushed most of it into my Roth IRA and Brokerage accounts.
Then I really started thinking about FIRE in early 2018. Started doing the math, tried to see what my expenses would be, and thought I'd give it ago. I've told myself from day 1 that I'd give this trial a solid 2 years. If I don't feel good about it, or the money doesn't seem right, then I'll still only be 40 years old and could (IMO) easily jump right back into an engineering gig. So I targeted early 2019 so I could frontload my 401k for two months, grab the annual bonus, then peace out.
TL:DR: 38, FIREd, Money's looking right, Life is feeling right, everything is fine
submitted by Oracle_of_FIRE to financialindependence [link] [comments]

For Trading April 3rd

For Trading April 3rd
Oil Recovery
Trading the Range
Jobless Claims Double
Today was pretty constructive in that we opened lower with the futures and of course the blockbuster news of Mr. Trumps tweet (which I find not believable) about and Oil deal between Russia and the Saudi’s, that sent us up to the high of the day +534, before we has some sideways action until around 1:15 when we started to sell-off and headed back to down on the day to -90 before we rallied and finished +469.93 (2.24%), NASDAQ +126.73 (1.72%), S&P 500 +56.40 (2.28%), the Russell +13.81 (1.29%) and the DJ Transports +93.13 (1.27%). There was plenty of news to start the day with Initial Jobless claims that were double the prior number at an astounding 6.6million. Unfortunately, the number next month will be higher. Tomorrow, we have the monthly employment number for March as well as the ISM non-manufacturing pre-open. I regarded today’s market action as very constructive. The lower open and then rally and a second round-trip to a close near the highs was impressive. While there is still plenty of work to be done, plenty of bad news on the economy and COVID-19 to come, we seem to be building some underlying support. Market internals were positive but unimpressive with gains outnumbering losers by 1.4:1 on both NYSE and NASDAQ. Volume was also lower that I would have liked to have seen. On the DJIA there were 25 gainers to 5 losers with BA -50, UTX -36, and WBA-18DPs, while the gainers were led by CVX +50, PG and CAT +36 and MMM+32 DPs.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 800 members.
SECTORS: Walgreen reported earnings today and although they had better than expected numbers, they gave less than stellar guidance and the stock fell to a lower low than the March bottom and made a new low close since 2013. WBA fell to $39.41 and closed $40.32 -2.71 (6.3%). We used the decline to buy some CVS calls, which has been consolidating and has outperformed its competitor. Shopify suspended its guidance and the stock, another darling that was priced for perfection got slammed. The stock, up from $20 in 2016 topped out over $593 in February had fallen to 303 last month but climbed back to $470 last week fell to $334.55 before closing 346.30 -38.37 (9.97%).
And last, the Disaster Du Jour was Luckin Coffee (LK), the Chinese Starbucks, sort of. The stock spent 7 months between $15 and $25 before taking off on a run from $18 to over $50 late last year. It fell back to $28 but had traded up to $43 last month before starting down and closing just above $26 yesterday. Unfortunately, the COO was found to have basically fabricated all of the results since Q2. Muddy Waters wrote up the company on 1/31 saying it had “evolved into a fraud.” The stock gapped down to open $4.92, rallied back to $10.58 buy gave up the gains and finished $6.40 -19.80 (75.57%). Clearly a disaster on any day.
BIOPHARMA: was HIGHER with BIIB +11.20, ABBV +1.08, REGN +1.35, ISRG +8.74, MYL -.23, TEVA -.35, VRTX +16.68 (7.4%), BHC M+.10, INCY +4.32 (5.82%), ICPT +.89, LABU +1.98(10.42%) and IBB $108.69 +4.90 (4.72%).
CANNABIS: This group was MIXED with TLRY +.25, CGC +.29, CRON +.14, GWPH -.50, ACB +.04, PYX -.37 (13.26%), NBEV -.04, CURLF +.08, KERN +.04 and MJ $10.77 +.21 (1.99%).
DEFENSE: was HIGHER with LMT +14.98 (4.43%), RTN -3.93, GD +.35, TXT +.07, UTX -5.37 (5.88%), NPOC +7.30, BWXT +2.24, TDY +14.50 (5.23%) and ITA $136.94 +.47 (.34%).
RETAIL: was LOWER with M +.01, JWN -.13, KSS -1.12 (8.66%), DDS -2.29 (8.20%), JCP -.02, WMT +4.36 (3.82%), TGT -.97, TJX -.77, RL +.28, UAA -.42 (5.08%), LULU +2.08, TPR +.04, CPRI -.69, and XRT $27.64 -.39 (1.39%).
FAANG and Big Cap: were HIGHER with GOOGL +14.90, AMZN +8.80, AAPL +2.99, FB -1.80, NFLX +3.92, NVDA +11.06, IBM +4.31, TSLA +53.44, BABA +.89, BIDU +1.12, BA -6.32, CAT +5.06, DIS +1.18 and XLK $78.33 +1.79 (2.34%).
FINANCIALS were HIGHER with GS +5.21, JPM +3.02, BAC +.68, MS +2.14, C +.50, PNC +3.38, AIG -.20, TRV +3.79, AXP -1.14, and XLF $20.04 +.49 (2.51%).
OIL, $25.32 +5.01. The explosive move in Oil today was spurred on by an early morning tweet from Mr. Trump claiming that Russia and the Saudi’s were close to an agreement. My first thought was BS, but the market held and finished strong. My only warning is that we have had several of these spikes that have failed with news that we knew was real. The stocks were stronger across the board with CVX the big winner +7.56 (11.03%) and added 50 DPs. XOM +3.12 (8.13%), OXY +2.05 (19%), OAS +.06, NBL +.47 (8%), MRO +.33, MPC +.58, RIG +.02, APA +.68 (16.92%), BP +1.80 (7.38%) and XLE $30.15 +2.53 (9.16%).
METALS, GOLD: $1,637.70 +46.30. After the recent gains, Gold has failed to break through the highs around $1700 and have fallen back. Today’s rebound is of little technical value. I will reassess and look for a new entry point.
BITCOIN: closed $6,865 +655. After we traded in another short-range day yesterday we had a range of over $1000 today, closing about midrange. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.72 +1.22 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

TRUE historical data on yearly lows (correcting repetitive historical false information spread on reddit and twitter)

Recently, wrong historical data on the alleged Bitcoin yearly lows could be repetitively read in ill-researched or "blindly copy-pasted" posts and tweets, e.g. falsely claiming a yearly low for 2013 of $65, where $13 is the correct value (wrong by a factor of 5)!
Here is the correct data:
TRUE yearly lows (first historically recorded trade occurred at MtGox exchange on 17th July 2010; bitstamp exchange started operation on 13 Sep 2011*):
*not included: Bitcoin prices of around $0.003 on Bitcoin USD markets recorded since 25th April 2010, consistent with famous two Bitcoin pizzas from 22nd May 2010 worth $30 for 10,000 BTC.
Yearly absolute lows (just omitting obvious implausible data flaws) - not recommended because short outliers of very low trade volumes can bias the view of the real market situation:
Yearly lows of daily weighted averages - more useful because short outliers with very low volumes are not biasing the statistics:
  • 2010: $0.05 (MtGox, 17th & 24th & 25th & 26th July)
  • 2011: $0.29 (MtGox, 4th January)
  • 2011: $2.24 (bitstamp, 21st October)
  • 2012: $4.33 (bitstamp, 19th February)
  • 2013: $13.01 (bitstamp, 1st January)
  • 2014: $305.81 (bitstamp, 5th October)
  • 2015: $189.84 (bitstamp, 14th January)
  • 2016: $370.21 (bitstamp, 3rd February)
  • 2017: $783.46 (bitstamp, 12th January)
  • 2018: $3171.72 (bitstamp, 15th December)
  • 2019: $3365.06 (bitstamp, 7th February)
  • 2020: <= $7030.21 (bitstamp, 2nd January)
Change rates:
  • 2011: x 5.8 (+480%)
  • 2012: x 14.9 (+1390%)
  • 2013: x 3.0 (+200%)
  • 2014: x 23.5 (+2250%)
  • 2015: x 0.6 (-40%)
  • 2016: x 2.0 (+100%)
  • 2017: x 2.1 (+110%)
  • 2018: x 4.0 (+300%)
  • 2019: x 1.1 (+10%)
  • 2020: <= x 2.1 (<= +110%)
How to do this yourself:
Example for 2013:
https://bitcoincharts.com/charts/bitstampUSD#rg60zczsg2013-01-01zeg2013-12-31ztgSzm1g10zm2g25zv
Click on "Load raw data" below the chart, copy-paste to spreadsheet like Libre Calc or MS Excel or Google documents, apply "min" function on the column of daily lows or daily weighted averages.
For year 2013 on bitstamp, the yearly low was reached on 1st January 2013: - Daily absolute low = $12.77 - Daily weighted average = $13.01
submitted by Amichateur to Bitcoin [link] [comments]

Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
.
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.bloomberg.com/news/articles/2017-11-21/mike-novogratz-says-bitcoin-will-end-the-year-at-10-000
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.youtube.com/watch?v=3AW5s6QkRRY
  5. Any others ? (Please tell me).
.
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  1. ANONYMOUS
  2. CENSORSHIP RESISTANT
  3. FRICTIONLESS
  4. TRUSTLESS
  5. UNCENSORABLE
  6. UNTRACEABLE
  7. SAFE
  8. SECURE
  9. YOU CANNOT LOSE
  10. NOT A SCAM
  11. PERMISSIONLESS
  12. GUARANTEED PRIVACY
  13. CANNOT BE SEIZED
  14. CANNOT BE CONFISCATED
  15. Be your own bank
  16. Regulation-proof
  17. NO MIDDLEMEN
  18. DECENTRALIZED
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref: https://www.reddit.com/Buttcoin/comments/9zfhb6/like_theres_only_one_flaw_with_buttcoin_crash/ea8s11m
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref: https://www.reddit.com/Buttcoin/comments/9zvpl2/the_guy_who_made_the_1000_bet_that_btc_wouldnt/
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, EOS.io shill video.
  149. "Everything will be more connected.", Brock Pierce, EOS.io shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, EOS.io shill video.
  151. "Everything will be more secure.", Brock Pierce, EOS.io shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, EOS.io shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, EOS.io shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref: https://www.reddit.com/Bitcoin/comments/cd2q94/bitcoin_shall_set_you_free/
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018, https://twitter.com/CharlieShrem/status/992109375555858433
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018, https://mobile.twitter.com/AngeloBTC/status/1051710824388030464/photo/1
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET, https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018, https://www.ccn.com/bitcoin-a-buy-below-5000-says-allianz-chief-economic-adviso
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1: https://mobile.twitter.com/TraceMayestatus/917260836070154240/photo/1, Link #2: https://www.bitcoinprice.com/predictions/
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018, https://bitcoinist.com/john-mcafee-says-bitcoin-will-surpass-15000-in-june/
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research, http://helpfordream.com/2018/12/23/5-bitcoin-price-predictions-gone-wrong/.
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1: https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/, Link #2: https://www.bitcoinprice.com/predictions/
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1: https://www.bitcoinprice.com/predictions/
  259. 2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018, https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/dtn2pna
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018 https://reddit.com/Bitcoin/comments/8uur27/_/e1ioi5b/?context=1
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018, https://www.reddit.com/Buttcoin/comments/8r0tyh/fdic_agrees_to_cover_bitcoin_losses_in_event_of/e0nzxq7
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018, https://www.newsbtc.com/2018/09/22/billionaire-novogratz-impossible-for-bitcoin-not-to-hit-10000-by-this-yea
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018, https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018, https://www.wsj.com/video/series/moving-upstream/the-bitcoin-gamble/85E3A4A7-C777-4827-9A3F-B387F2AB7654
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018, https://www.cnbc.com/2018/11/16/wall-streets-crypto-bull-tom-lee-slashes-year-end-forecast-by-10000.html
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018, https://www.cnbc.com/video/2018/07/05/tom-lee-i-want-to-be-clear-bitcoin-is-going-to-25000-by-year-end.html
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018, https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos, https://www.dcforecasts.com/new-prediction-says-bitcoin-hit-50000-2018/
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018, https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017, https://www.ccn.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018, https://investingpr.com/bitcoin-price-predictions-for-2018/
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear ....., https://www.reddit.com/Buttcoin/comments/eiqhq3/ummm_remember_those_expert_bitcoin_price/
.
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

Ouch!

For Trading March 10th
HISTORIC ACTION
Is Cruising Over?
Entire Yield Curve Under 1%
Today’s market was down from overnight with the futures hitting “limit down” before 4:00AM. The DJIA opened at 9:30, like always, but was halted within 4 minutes after hitting the “circuit-breakers” at -7% and trading was stopped for 15-minutes after which we reopened and headed lower again, touching -1946, and by noon we had recovered to only -1183, but by 3:00 we had made a new low of 23,706 -2158 before a rally to -1650 before another sell-off to close DJIA – 2013.76 (7.79%), NASDAQ -624.94 (7.29%), S&P 500 -225.81 (7.60%), the Russell -135.79 (9.37%, and DJ Transports, the biggest loser -874.21 (9.76%). Market internals were just short of absurd with numbers that I had to go to several sources to make sure were correct. NYSE raw numbers were 70:2973 or 43:1 and NASDAQ was 169:3190 or 19:1. The DJIA was 30:0 after WMT, which held on all day fell into the red. The biggest losers were not double, but triple-digit movers with BA -237, AAPL -155, GS -136, HD -123, CAT -117, and JPM -100DPs. The only single digit losers were VZ and WMT. It was an interesting day, but not one I’d like to see too often. The market was influenced by not only COVID-19, but also the fact that OPEC couldn’t come up with an agreement to limit oil production. Over the weekend Saudi Arabia declared a price war with Russia, the main opponent to any agreement. Interest rates continued to fall, and that, along with the oil news sent the banking names down dramatically. I’ll list those below in their sector.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: It was a very tough day for everyone. While we did have a “Merger Monday” deal between AON and WLTW, neither of the participants made any headway. AON Plc, is buying Willis, Towers, Watson in the biggest insurance transaction ever and creating the world’s largest insurance broker, surpassing Marsh & McLennan (MMC) and worth about $80Billion.
There were a couple of names higher, just a few, and the main ones were in the auto parts segment with ORLY finishing $373.63 +5.55 (1.51%), AZO, $1113.69 +53.38 (5.03%) and AAP $130.36 +2.45 (1.92%). This group has been weak for the past 4-6 months. Also higher was discounter DLTR, $83.51 +3.27 (4.08%).
The Cruise lines continued to fall with all making new lows. RCL fell to $48.27 - 16.74 (25.75%) and down from $135 in January. CCL fell to $21.74 -5.41 (19.93%) and down from $52, while NCLH was $19.81 – 7.29 (26.9%) and down from $60. This is absolutely uninvestable. There will clearly be a point at which the shorts cover, but this group is dead money for a while.
In more COVID-19 news, Inovio (INO) which moved from $2.40 to $16.00 on the news that it would start human trials of its vaccine in April. This morning at $19.36 before collapsing all the way back to $8.53 before closing $9.83 -4.26 (30.23%).
But the HOMERUN OF THE DAY was another name I talked about in this space, AIM Immuno-Tech, Inc (AIM). The company said that its drug, Ampligen will begin testing at National Inst. Of Infectious Diseases in Japan that could play an important role in developing a protective early-onset therapy for COVID-19. The stock has been reverse split both 1:12 in 2016 and more recently 1:44 last June and traded under $ .40 had moved up to $3.50 this month and traded up on the news finishing $6.10 +4.00 (190%) and is continuing in extended hours to $8.75 and is currently $7.69 up an additional $1.59 for a total gain of $5.59 (266%). Quite a highlight on a dismal day.
BIOPHARMA: was LOWER with all names falling hard with BIIB -20.76, ABBV -3.55, REGN -20.58, ISRG -44.48, MYL -1.19, TEVA -1.42, VRTX -13.85, BHC -2.69, INCY -4.42, ICPT -6.88, LABU -11.47 (24.95%), and IBB $109.80 -8.23 (6.97%).
CANNABIS: stocks were LOWER with TLRY -2.47 (24.65%) and KERN -2.58 (37.34%) and none down less than 7.48%. The ETF, MJ $11.74 -1.36 (10.38%).
DEFENSE: was LOWER with some major loses by LMT -31.47, RTN -14.83, GD -13.01, TXT -5.48 (15.26%), UTX -12.48, NOC -15.58, BWXT -5.14, TDY -33.73, and ITA was $174.00 -21.04 (10.79%).
RETAIL was LOWER with major losses. The brands were the biggest losers on the day. M-1.12, JWN -1.88, KSS -2.84, DDS -2.37, JCP - .015, WMT -1.17, TGT -1.92, TJX -1.35, RL -10.78 (10.19%), UAA -1.46 (11.56%), LULU -22.44 (10.27%), TPR -3.35 (15.44%), CPRI -3.13 (13.65%) and XRT $37.01 -2.12 (5.42%).
FAANG and Big Cap: were LOWER with GOOGL -80.14, AMZN -96.19, AAPL -21.42, FB -11.40, NFLX -22.48, NVDA -21.04, IBM -10.38, TSLA -92.48 (13.01%), BABA -7.24, BIDU -8.52, BA -36.22 (13.81%) on continuing problems with the 737MAX and the general market, CAT -16.42 (13.52%), DIS -10.55, and XLK $82.84 -6.07 (6.83%).
FINANCIALS were LOWER with most down over 10% with the market and softness in rates with GS -19.14, JPM -13.53, BAC -3.59, MS -4.35, C -9.34, PNC -15.48, AIG -5.13, TRV -8.54, AXP -9.94, and XLF $22.80 -2.75 (10.76%).
OIL, $31.13 -10.15 (24.58%) The stocks were LOWER with the dramatic fall on the “price war” between the Saudi’s and Putin. It’s difficult to even relate to the prices I’m seeing. In August when OXY bought APC for $57billion OXY was just over $50. Tonight it closed $12.51 –14.35 (53.43%) and the COMBINED market-cap is only $11.4Billion. The rest of the list was equally bad with CVX -13.42, XOM -4.94, MRO 4.06 -2.77 (40.56%), MPC -5.43, APA 10.22 -10.48 (50.6%), BP -5.66 and XLE $34.98 -7.52 (17.69%).
METALS, GOLD: $1,675.70 +3.30. After the rebound, and the overnight move to $1,704.30 we sold off as liquidation hit even the yellow metal. We managed to close up on the day, but it was a disappointment just the same. Our $1.40 position in the GLD calls finished $1.65 +.11.
BITCOIN: closed $7,850 -1,315. We broke to the downside overnight and fell to a low of $7,640, which closed a gap left on the breakout back in January. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We did have 2 subscribers add to new positions under the close today. But we still own 400 GBTC with an average of $8.06. GBTC closed $8.86 – 1.72 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

For Trading April 3rd

For Trading April 3rd
Oil Recovery
Trading the Range
Jobless Claims Double
Today was pretty constructive in that we opened lower with the futures and of course the blockbuster news of Mr. Trumps tweet (which I find not believable) about and Oil deal between Russia and the Saudi’s, that sent us up to the high of the day +534, before we has some sideways action until around 1:15 when we started to sell-off and headed back to down on the day to -90 before we rallied and finished +469.93 (2.24%), NASDAQ +126.73 (1.72%), S&P 500 +56.40 (2.28%), the Russell +13.81 (1.29%) and the DJ Transports +93.13 (1.27%). There was plenty of news to start the day with Initial Jobless claims that were double the prior number at an astounding 6.6million. Unfortunately, the number next month will be higher. Tomorrow, we have the monthly employment number for March as well as the ISM non-manufacturing pre-open. I regarded today’s market action as very constructive. The lower open and then rally and a second round-trip to a close near the highs was impressive. While there is still plenty of work to be done, plenty of bad news on the economy and COVID-19 to come, we seem to be building some underlying support. Market internals were positive but unimpressive with gains outnumbering losers by 1.4:1 on both NYSE and NASDAQ. Volume was also lower that I would have liked to have seen. On the DJIA there were 25 gainers to 5 losers with BA -50, UTX -36, and WBA-18DPs, while the gainers were led by CVX +50, PG and CAT +36 and MMM+32 DPs.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 800 members.
SECTORS: Walgreen reported earnings today and although they had better than expected numbers, they gave less than stellar guidance and the stock fell to a lower low than the March bottom and made a new low close since 2013. WBA fell to $39.41 and closed $40.32 -2.71 (6.3%). We used the decline to buy some CVS calls, which has been consolidating and has outperformed its competitor. Shopify suspended its guidance and the stock, another darling that was priced for perfection got slammed. The stock, up from $20 in 2016 topped out over $593 in February had fallen to 303 last month but climbed back to $470 last week fell to $334.55 before closing 346.30 -38.37 (9.97%).
And last, the Disaster Du Jour was Luckin Coffee (LK), the Chinese Starbucks, sort of. The stock spent 7 months between $15 and $25 before taking off on a run from $18 to over $50 late last year. It fell back to $28 but had traded up to $43 last month before starting down and closing just above $26 yesterday. Unfortunately, the COO was found to have basically fabricated all of the results since Q2. Muddy Waters wrote up the company on 1/31 saying it had “evolved into a fraud.” The stock gapped down to open $4.92, rallied back to $10.58 buy gave up the gains and finished $6.40 -19.80 (75.57%). Clearly a disaster on any day.
BIOPHARMA: was HIGHER with BIIB +11.20, ABBV +1.08, REGN +1.35, ISRG +8.74, MYL -.23, TEVA -.35, VRTX +16.68 (7.4%), BHC M+.10, INCY +4.32 (5.82%), ICPT +.89, LABU +1.98(10.42%) and IBB $108.69 +4.90 (4.72%).
CANNABIS: This group was MIXED with TLRY +.25, CGC +.29, CRON +.14, GWPH -.50, ACB +.04, PYX -.37 (13.26%), NBEV -.04, CURLF +.08, KERN +.04 and MJ $10.77 +.21 (1.99%).
DEFENSE: was HIGHER with LMT +14.98 (4.43%), RTN -3.93, GD +.35, TXT +.07, UTX -5.37 (5.88%), NPOC +7.30, BWXT +2.24, TDY +14.50 (5.23%) and ITA $136.94 +.47 (.34%).
RETAIL: was LOWER with M +.01, JWN -.13, KSS -1.12 (8.66%), DDS -2.29 (8.20%), JCP -.02, WMT +4.36 (3.82%), TGT -.97, TJX -.77, RL +.28, UAA -.42 (5.08%), LULU +2.08, TPR +.04, CPRI -.69, and XRT $27.64 -.39 (1.39%).
FAANG and Big Cap: were HIGHER with GOOGL +14.90, AMZN +8.80, AAPL +2.99, FB -1.80, NFLX +3.92, NVDA +11.06, IBM +4.31, TSLA +53.44, BABA +.89, BIDU +1.12, BA -6.32, CAT +5.06, DIS +1.18 and XLK $78.33 +1.79 (2.34%).
FINANCIALS were HIGHER with GS +5.21, JPM +3.02, BAC +.68, MS +2.14, C +.50, PNC +3.38, AIG -.20, TRV +3.79, AXP -1.14, and XLF $20.04 +.49 (2.51%).
OIL, $25.32 +5.01. The explosive move in Oil today was spurred on by an early morning tweet from Mr. Trump claiming that Russia and the Saudi’s were close to an agreement. My first thought was BS, but the market held and finished strong. My only warning is that we have had several of these spikes that have failed with news that we knew was real. The stocks were stronger across the board with CVX the big winner +7.56 (11.03%) and added 50 DPs. XOM +3.12 (8.13%), OXY +2.05 (19%), OAS +.06, NBL +.47 (8%), MRO +.33, MPC +.58, RIG +.02, APA +.68 (16.92%), BP +1.80 (7.38%) and XLE $30.15 +2.53 (9.16%).
METALS, GOLD: $1,637.70 +46.30. After the recent gains, Gold has failed to break through the highs around $1700 and have fallen back. Today’s rebound is of little technical value. I will reassess and look for a new entry point.
BITCOIN: closed $6,865 +655. After we traded in another short-range day yesterday we had a range of over $1000 today, closing about midrange. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.72 +1.22 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

For Trading April 3rd

For Trading April 3rd
Oil Recovery
Trading the Range
Jobless Claims Double
Today was pretty constructive in that we opened lower with the futures and of course the blockbuster news of Mr. Trumps tweet (which I find not believable) about and Oil deal between Russia and the Saudi’s, that sent us up to the high of the day +534, before we has some sideways action until around 1:15 when we started to sell-off and headed back to down on the day to -90 before we rallied and finished +469.93 (2.24%), NASDAQ +126.73 (1.72%), S&P 500 +56.40 (2.28%), the Russell +13.81 (1.29%) and the DJ Transports +93.13 (1.27%). There was plenty of news to start the day with Initial Jobless claims that were double the prior number at an astounding 6.6million. Unfortunately, the number next month will be higher. Tomorrow, we have the monthly employment number for March as well as the ISM non-manufacturing pre-open. I regarded today’s market action as very constructive. The lower open and then rally and a second round-trip to a close near the highs was impressive. While there is still plenty of work to be done, plenty of bad news on the economy and COVID-19 to come, we seem to be building some underlying support. Market internals were positive but unimpressive with gains outnumbering losers by 1.4:1 on both NYSE and NASDAQ. Volume was also lower that I would have liked to have seen. On the DJIA there were 25 gainers to 5 losers with BA -50, UTX -36, and WBA-18DPs, while the gainers were led by CVX +50, PG and CAT +36 and MMM+32 DPs.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 800 members.
SECTORS: Walgreen reported earnings today and although they had better than expected numbers, they gave less than stellar guidance and the stock fell to a lower low than the March bottom and made a new low close since 2013. WBA fell to $39.41 and closed $40.32 -2.71 (6.3%). We used the decline to buy some CVS calls, which has been consolidating and has outperformed its competitor. Shopify suspended its guidance and the stock, another darling that was priced for perfection got slammed. The stock, up from $20 in 2016 topped out over $593 in February had fallen to 303 last month but climbed back to $470 last week fell to $334.55 before closing 346.30 -38.37 (9.97%).
And last, the Disaster Du Jour was Luckin Coffee (LK), the Chinese Starbucks, sort of. The stock spent 7 months between $15 and $25 before taking off on a run from $18 to over $50 late last year. It fell back to $28 but had traded up to $43 last month before starting down and closing just above $26 yesterday. Unfortunately, the COO was found to have basically fabricated all of the results since Q2. Muddy Waters wrote up the company on 1/31 saying it had “evolved into a fraud.” The stock gapped down to open $4.92, rallied back to $10.58 buy gave up the gains and finished $6.40 -19.80 (75.57%). Clearly a disaster on any day.
BIOPHARMA: was HIGHER with BIIB +11.20, ABBV +1.08, REGN +1.35, ISRG +8.74, MYL -.23, TEVA -.35, VRTX +16.68 (7.4%), BHC M+.10, INCY +4.32 (5.82%), ICPT +.89, LABU +1.98(10.42%) and IBB $108.69 +4.90 (4.72%).
CANNABIS: This group was MIXED with TLRY +.25, CGC +.29, CRON +.14, GWPH -.50, ACB +.04, PYX -.37 (13.26%), NBEV -.04, CURLF +.08, KERN +.04 and MJ $10.77 +.21 (1.99%).
DEFENSE: was HIGHER with LMT +14.98 (4.43%), RTN -3.93, GD +.35, TXT +.07, UTX -5.37 (5.88%), NPOC +7.30, BWXT +2.24, TDY +14.50 (5.23%) and ITA $136.94 +.47 (.34%).
RETAIL: was LOWER with M +.01, JWN -.13, KSS -1.12 (8.66%), DDS -2.29 (8.20%), JCP -.02, WMT +4.36 (3.82%), TGT -.97, TJX -.77, RL +.28, UAA -.42 (5.08%), LULU +2.08, TPR +.04, CPRI -.69, and XRT $27.64 -.39 (1.39%).
FAANG and Big Cap: were HIGHER with GOOGL +14.90, AMZN +8.80, AAPL +2.99, FB -1.80, NFLX +3.92, NVDA +11.06, IBM +4.31, TSLA +53.44, BABA +.89, BIDU +1.12, BA -6.32, CAT +5.06, DIS +1.18 and XLK $78.33 +1.79 (2.34%).
FINANCIALS were HIGHER with GS +5.21, JPM +3.02, BAC +.68, MS +2.14, C +.50, PNC +3.38, AIG -.20, TRV +3.79, AXP -1.14, and XLF $20.04 +.49 (2.51%).
OIL, $25.32 +5.01. The explosive move in Oil today was spurred on by an early morning tweet from Mr. Trump claiming that Russia and the Saudi’s were close to an agreement. My first thought was BS, but the market held and finished strong. My only warning is that we have had several of these spikes that have failed with news that we knew was real. The stocks were stronger across the board with CVX the big winner +7.56 (11.03%) and added 50 DPs. XOM +3.12 (8.13%), OXY +2.05 (19%), OAS +.06, NBL +.47 (8%), MRO +.33, MPC +.58, RIG +.02, APA +.68 (16.92%), BP +1.80 (7.38%) and XLE $30.15 +2.53 (9.16%).
METALS, GOLD: $1,637.70 +46.30. After the recent gains, Gold has failed to break through the highs around $1700 and have fallen back. Today’s rebound is of little technical value. I will reassess and look for a new entry point.
BITCOIN: closed $6,865 +655. After we traded in another short-range day yesterday we had a range of over $1000 today, closing about midrange. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.72 +1.22 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Historic!

For Trading March 10th
HISTORIC ACTION
Is Cruising Over?
Entire Yield Curve Under 1%
Today’s market was down from overnight with the futures hitting “limit down” before 4:00AM. The DJIA opened at 9:30, like always, but was halted within 4 minutes after hitting the “circuit-breakers” at -7% and trading was stopped for 15-minutes after which we reopened and headed lower again, touching -1946, and by noon we had recovered to only -1183, but by 3:00 we had made a new low of 23,706 -2158 before a rally to -1650 before another sell-off to close DJIA – 2013.76 (7.79%), NASDAQ -624.94 (7.29%), S&P 500 -225.81 (7.60%), the Russell -135.79 (9.37%, and DJ Transports, the biggest loser -874.21 (9.76%). Market internals were just short of absurd with numbers that I had to go to several sources to make sure were correct. NYSE raw numbers were 70:2973 or 43:1 and NASDAQ was 169:3190 or 19:1. The DJIA was 30:0 after WMT, which held on all day fell into the red. The biggest losers were not double, but triple-digit movers with BA -237, AAPL -155, GS -136, HD -123, CAT -117, and JPM -100DPs. The only single digit losers were VZ and WMT. It was an interesting day, but not one I’d like to see too often. The market was influenced by not only COVID-19, but also the fact that OPEC couldn’t come up with an agreement to limit oil production. Over the weekend Saudi Arabia declared a price war with Russia, the main opponent to any agreement. Interest rates continued to fall, and that, along with the oil news sent the banking names down dramatically. I’ll list those below in their sector.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: It was a very tough day for everyone. While we did have a “Merger Monday” deal between AON and WLTW, neither of the participants made any headway. AON Plc, is buying Willis, Towers, Watson in the biggest insurance transaction ever and creating the world’s largest insurance broker, surpassing Marsh & McLennan (MMC) and worth about $80Billion.
There were a couple of names higher, just a few, and the main ones were in the auto parts segment with ORLY finishing $373.63 +5.55 (1.51%), AZO, $1113.69 +53.38 (5.03%) and AAP $130.36 +2.45 (1.92%). This group has been weak for the past 4-6 months. Also higher was discounter DLTR, $83.51 +3.27 (4.08%).
The Cruise lines continued to fall with all making new lows. RCL fell to $48.27 - 16.74 (25.75%) and down from $135 in January. CCL fell to $21.74 -5.41 (19.93%) and down from $52, while NCLH was $19.81 – 7.29 (26.9%) and down from $60. This is absolutely uninvestable. There will clearly be a point at which the shorts cover, but this group is dead money for a while.
In more COVID-19 news, Inovio (INO) which moved from $2.40 to $16.00 on the news that it would start human trials of its vaccine in April. This morning at $19.36 before collapsing all the way back to $8.53 before closing $9.83 -4.26 (30.23%).
But the HOMERUN OF THE DAY was another name I talked about in this space, AIM Immuno-Tech, Inc (AIM). The company said that its drug, Ampligen will begin testing at National Inst. Of Infectious Diseases in Japan that could play an important role in developing a protective early-onset therapy for COVID-19. The stock has been reverse split both 1:12 in 2016 and more recently 1:44 last June and traded under $ .40 had moved up to $3.50 this month and traded up on the news finishing $6.10 +4.00 (190%) and is continuing in extended hours to $8.75 and is currently $7.69 up an additional $1.59 for a total gain of $5.59 (266%). Quite a highlight on a dismal day.
BIOPHARMA: was LOWER with all names falling hard with BIIB -20.76, ABBV -3.55, REGN -20.58, ISRG -44.48, MYL -1.19, TEVA -1.42, VRTX -13.85, BHC -2.69, INCY -4.42, ICPT -6.88, LABU -11.47 (24.95%), and IBB $109.80 -8.23 (6.97%).
CANNABIS: stocks were LOWER with TLRY -2.47 (24.65%) and KERN -2.58 (37.34%) and none down less than 7.48%. The ETF, MJ $11.74 -1.36 (10.38%).
DEFENSE: was LOWER with some major loses by LMT -31.47, RTN -14.83, GD -13.01, TXT -5.48 (15.26%), UTX -12.48, NOC -15.58, BWXT -5.14, TDY -33.73, and ITA was $174.00 -21.04 (10.79%).
RETAIL was LOWER with major losses. The brands were the biggest losers on the day. M-1.12, JWN -1.88, KSS -2.84, DDS -2.37, JCP - .015, WMT -1.17, TGT -1.92, TJX -1.35, RL -10.78 (10.19%), UAA -1.46 (11.56%), LULU -22.44 (10.27%), TPR -3.35 (15.44%), CPRI -3.13 (13.65%) and XRT $37.01 -2.12 (5.42%).
FAANG and Big Cap: were LOWER with GOOGL -80.14, AMZN -96.19, AAPL -21.42, FB -11.40, NFLX -22.48, NVDA -21.04, IBM -10.38, TSLA -92.48 (13.01%), BABA -7.24, BIDU -8.52, BA -36.22 (13.81%) on continuing problems with the 737MAX and the general market, CAT -16.42 (13.52%), DIS -10.55, and XLK $82.84 -6.07 (6.83%).
FINANCIALS were LOWER with most down over 10% with the market and softness in rates with GS -19.14, JPM -13.53, BAC -3.59, MS -4.35, C -9.34, PNC -15.48, AIG -5.13, TRV -8.54, AXP -9.94, and XLF $22.80 -2.75 (10.76%).
OIL, $31.13 -10.15 (24.58%) The stocks were LOWER with the dramatic fall on the “price war” between the Saudi’s and Putin. It’s difficult to even relate to the prices I’m seeing. In August when OXY bought APC for $57billion OXY was just over $50. Tonight it closed $12.51 –14.35 (53.43%) and the COMBINED market-cap is only $11.4Billion. The rest of the list was equally bad with CVX -13.42, XOM -4.94, MRO 4.06 -2.77 (40.56%), MPC -5.43, APA 10.22 -10.48 (50.6%), BP -5.66 and XLE $34.98 -7.52 (17.69%).
METALS, GOLD: $1,675.70 +3.30. After the rebound, and the overnight move to $1,704.30 we sold off as liquidation hit even the yellow metal. We managed to close up on the day, but it was a disappointment just the same. Our $1.40 position in the GLD calls finished $1.65 +.11.
BITCOIN: closed $7,850 -1,315. We broke to the downside overnight and fell to a low of $7,640, which closed a gap left on the breakout back in January. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We did have 2 subscribers add to new positions under the close today. But we still own 400 GBTC with an average of $8.06. GBTC closed $8.86 – 1.72 today.
Tomorrow is another day.
CAM
submitted by Dashover to swingtrading [link] [comments]

For Trading March 10th

For Trading March 10th
HISTORIC ACTION
Is Cruising Over?
Entire Yield Curve Under 1%
Today’s market was down from overnight with the futures hitting “limit down” before 4:00AM. The DJIA opened at 9:30, like always, but was halted within 4 minutes after hitting the “circuit-breakers” at -7% and trading was stopped for 15-minutes after which we reopened and headed lower again, touching -1946, and by noon we had recovered to only -1183, but by 3:00 we had made a new low of 23,706 -2158 before a rally to -1650 before another sell-off to close DJIA – 2013.76 (7.79%), NASDAQ -624.94 (7.29%), S&P 500 -225.81 (7.60%), the Russell -135.79 (9.37%, and DJ Transports, the biggest loser -874.21 (9.76%). Market internals were just short of absurd with numbers that I had to go to several sources to make sure were correct. NYSE raw numbers were 70:2973 or 43:1 and NASDAQ was 169:3190 or 19:1. The DJIA was 30:0 after WMT, which held on all day fell into the red. The biggest losers were not double, but triple-digit movers with BA -237, AAPL -155, GS -136, HD -123, CAT -117, and JPM -100DPs. The only single digit losers were VZ and WMT. It was an interesting day, but not one I’d like to see too often. The market was influenced by not only COVID-19, but also the fact that OPEC couldn’t come up with an agreement to limit oil production. Over the weekend Saudi Arabia declared a price war with Russia, the main opponent to any agreement. Interest rates continued to fall, and that, along with the oil news sent the banking names down dramatically. I’ll list those below in their sector.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: It was a very tough day for everyone. While we did have a “Merger Monday” deal between AON and WLTW, neither of the participants made any headway. AON Plc, is buying Willis, Towers, Watson in the biggest insurance transaction ever and creating the world’s largest insurance broker, surpassing Marsh & McLennan (MMC) and worth about $80Billion.
There were a couple of names higher, just a few, and the main ones were in the auto parts segment with ORLY finishing $373.63 +5.55 (1.51%), AZO, $1113.69 +53.38 (5.03%) and AAP $130.36 +2.45 (1.92%). This group has been weak for the past 4-6 months. Also higher was discounter DLTR, $83.51 +3.27 (4.08%).
The Cruise lines continued to fall with all making new lows. RCL fell to $48.27 - 16.74 (25.75%) and down from $135 in January. CCL fell to $21.74 -5.41 (19.93%) and down from $52, while NCLH was $19.81 – 7.29 (26.9%) and down from $60. This is absolutely uninvestable. There will clearly be a point at which the shorts cover, but this group is dead money for a while.
In more COVID-19 news, Inovio (INO) which moved from $2.40 to $16.00 on the news that it would start human trials of its vaccine in April. This morning at $19.36 before collapsing all the way back to $8.53 before closing $9.83 -4.26 (30.23%).
But the HOMERUN OF THE DAY was another name I talked about in this space, AIM Immuno-Tech, Inc (AIM). The company said that its drug, Ampligen will begin testing at National Inst. Of Infectious Diseases in Japan that could play an important role in developing a protective early-onset therapy for COVID-19. The stock has been reverse split both 1:12 in 2016 and more recently 1:44 last June and traded under $ .40 had moved up to $3.50 this month and traded up on the news finishing $6.10 +4.00 (190%) and is continuing in extended hours to $8.75 and is currently $7.69 up an additional $1.59 for a total gain of $5.59 (266%). Quite a highlight on a dismal day.
BIOPHARMA: was LOWER with all names falling hard with BIIB -20.76, ABBV -3.55, REGN -20.58, ISRG -44.48, MYL -1.19, TEVA -1.42, VRTX -13.85, BHC -2.69, INCY -4.42, ICPT -6.88, LABU -11.47 (24.95%), and IBB $109.80 -8.23 (6.97%).
CANNABIS: stocks were LOWER with TLRY -2.47 (24.65%) and KERN -2.58 (37.34%) and none down less than 7.48%. The ETF, MJ $11.74 -1.36 (10.38%).
DEFENSE: was LOWER with some major loses by LMT -31.47, RTN -14.83, GD -13.01, TXT -5.48 (15.26%), UTX -12.48, NOC -15.58, BWXT -5.14, TDY -33.73, and ITA was $174.00 -21.04 (10.79%).
RETAIL was LOWER with major losses. The brands were the biggest losers on the day. M-1.12, JWN -1.88, KSS -2.84, DDS -2.37, JCP - .015, WMT -1.17, TGT -1.92, TJX -1.35, RL -10.78 (10.19%), UAA -1.46 (11.56%), LULU -22.44 (10.27%), TPR -3.35 (15.44%), CPRI -3.13 (13.65%) and XRT $37.01 -2.12 (5.42%).
FAANG and Big Cap: were LOWER with GOOGL -80.14, AMZN -96.19, AAPL -21.42, FB -11.40, NFLX -22.48, NVDA -21.04, IBM -10.38, TSLA -92.48 (13.01%), BABA -7.24, BIDU -8.52, BA -36.22 (13.81%) on continuing problems with the 737MAX and the general market, CAT -16.42 (13.52%), DIS -10.55, and XLK $82.84 -6.07 (6.83%).
FINANCIALS were LOWER with most down over 10% with the market and softness in rates with GS -19.14, JPM -13.53, BAC -3.59, MS -4.35, C -9.34, PNC -15.48, AIG -5.13, TRV -8.54, AXP -9.94, and XLF $22.80 -2.75 (10.76%).
OIL, $31.13 -10.15 (24.58%) The stocks were LOWER with the dramatic fall on the “price war” between the Saudi’s and Putin. It’s difficult to even relate to the prices I’m seeing. In August when OXY bought APC for $57billion OXY was just over $50. Tonight it closed $12.51 –14.35 (53.43%) and the COMBINED market-cap is only $11.4Billion. The rest of the list was equally bad with CVX -13.42, XOM -4.94, MRO 4.06 -2.77 (40.56%), MPC -5.43, APA 10.22 -10.48 (50.6%), BP -5.66 and XLE $34.98 -7.52 (17.69%).
METALS, GOLD: $1,675.70 +3.30. After the rebound, and the overnight move to $1,704.30 we sold off as liquidation hit even the yellow metal. We managed to close up on the day, but it was a disappointment just the same. Our $1.40 position in the GLD calls finished $1.65 +.11.
BITCOIN: closed $7,850 -1,315. We broke to the downside overnight and fell to a low of $7,640, which closed a gap left on the breakout back in January. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We did have 2 subscribers add to new positions under the close today. But we still own 400 GBTC with an average of $8.06. GBTC closed $8.86 – 1.72 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

For Trading March 10th

For Trading March 10th
HISTORIC ACTION
Is Cruising Over?
Entire Yield Curve Under 1%
Today’s market was down from overnight with the futures hitting “limit down” before 4:00AM. The DJIA opened at 9:30, like always, but was halted within 4 minutes after hitting the “circuit-breakers” at -7% and trading was stopped for 15-minutes after which we reopened and headed lower again, touching -1946, and by noon we had recovered to only -1183, but by 3:00 we had made a new low of 23,706 -2158 before a rally to -1650 before another sell-off to close DJIA – 2013.76 (7.79%), NASDAQ -624.94 (7.29%), S&P 500 -225.81 (7.60%), the Russell -135.79 (9.37%, and DJ Transports, the biggest loser -874.21 (9.76%). Market internals were just short of absurd with numbers that I had to go to several sources to make sure were correct. NYSE raw numbers were 70:2973 or 43:1 and NASDAQ was 169:3190 or 19:1. The DJIA was 30:0 after WMT, which held on all day fell into the red. The biggest losers were not double, but triple-digit movers with BA -237, AAPL -155, GS -136, HD -123, CAT -117, and JPM -100DPs. The only single digit losers were VZ and WMT. It was an interesting day, but not one I’d like to see too often. The market was influenced by not only COVID-19, but also the fact that OPEC couldn’t come up with an agreement to limit oil production. Over the weekend Saudi Arabia declared a price war with Russia, the main opponent to any agreement. Interest rates continued to fall, and that, along with the oil news sent the banking names down dramatically. I’ll list those below in their sector.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights.
SECTORS: Other names in the news: It was a very tough day for everyone. While we did have a “Merger Monday” deal between AON and WLTW, neither of the participants made any headway. AON Plc, is buying Willis, Towers, Watson in the biggest insurance transaction ever and creating the world’s largest insurance broker, surpassing Marsh & McLennan (MMC) and worth about $80Billion.
There were a couple of names higher, just a few, and the main ones were in the auto parts segment with ORLY finishing $373.63 +5.55 (1.51%), AZO, $1113.69 +53.38 (5.03%) and AAP $130.36 +2.45 (1.92%). This group has been weak for the past 4-6 months. Also higher was discounter DLTR, $83.51 +3.27 (4.08%).
The Cruise lines continued to fall with all making new lows. RCL fell to $48.27 - 16.74 (25.75%) and down from $135 in January. CCL fell to $21.74 -5.41 (19.93%) and down from $52, while NCLH was $19.81 – 7.29 (26.9%) and down from $60. This is absolutely uninvestable. There will clearly be a point at which the shorts cover, but this group is dead money for a while.
In more COVID-19 news, Inovio (INO) which moved from $2.40 to $16.00 on the news that it would start human trials of its vaccine in April. This morning at $19.36 before collapsing all the way back to $8.53 before closing $9.83 -4.26 (30.23%).
But the HOMERUN OF THE DAY was another name I talked about in this space, AIM Immuno-Tech, Inc (AIM). The company said that its drug, Ampligen will begin testing at National Inst. Of Infectious Diseases in Japan that could play an important role in developing a protective early-onset therapy for COVID-19. The stock has been reverse split both 1:12 in 2016 and more recently 1:44 last June and traded under $ .40 had moved up to $3.50 this month and traded up on the news finishing $6.10 +4.00 (190%) and is continuing in extended hours to $8.75 and is currently $7.69 up an additional $1.59 for a total gain of $5.59 (266%). Quite a highlight on a dismal day.
BIOPHARMA: was LOWER with all names falling hard with BIIB -20.76, ABBV -3.55, REGN -20.58, ISRG -44.48, MYL -1.19, TEVA -1.42, VRTX -13.85, BHC -2.69, INCY -4.42, ICPT -6.88, LABU -11.47 (24.95%), and IBB $109.80 -8.23 (6.97%).
CANNABIS: stocks were LOWER with TLRY -2.47 (24.65%) and KERN -2.58 (37.34%) and none down less than 7.48%. The ETF, MJ $11.74 -1.36 (10.38%).
DEFENSE: was LOWER with some major loses by LMT -31.47, RTN -14.83, GD -13.01, TXT -5.48 (15.26%), UTX -12.48, NOC -15.58, BWXT -5.14, TDY -33.73, and ITA was $174.00 -21.04 (10.79%).
RETAIL was LOWER with major losses. The brands were the biggest losers on the day. M-1.12, JWN -1.88, KSS -2.84, DDS -2.37, JCP - .015, WMT -1.17, TGT -1.92, TJX -1.35, RL -10.78 (10.19%), UAA -1.46 (11.56%), LULU -22.44 (10.27%), TPR -3.35 (15.44%), CPRI -3.13 (13.65%) and XRT $37.01 -2.12 (5.42%).
FAANG and Big Cap: were LOWER with GOOGL -80.14, AMZN -96.19, AAPL -21.42, FB -11.40, NFLX -22.48, NVDA -21.04, IBM -10.38, TSLA -92.48 (13.01%), BABA -7.24, BIDU -8.52, BA -36.22 (13.81%) on continuing problems with the 737MAX and the general market, CAT -16.42 (13.52%), DIS -10.55, and XLK $82.84 -6.07 (6.83%).
FINANCIALS were LOWER with most down over 10% with the market and softness in rates with GS -19.14, JPM -13.53, BAC -3.59, MS -4.35, C -9.34, PNC -15.48, AIG -5.13, TRV -8.54, AXP -9.94, and XLF $22.80 -2.75 (10.76%).
OIL, $31.13 -10.15 (24.58%) The stocks were LOWER with the dramatic fall on the “price war” between the Saudi’s and Putin. It’s difficult to even relate to the prices I’m seeing. In August when OXY bought APC for $57billion OXY was just over $50. Tonight it closed $12.51 –14.35 (53.43%) and the COMBINED market-cap is only $11.4Billion. The rest of the list was equally bad with CVX -13.42, XOM -4.94, MRO 4.06 -2.77 (40.56%), MPC -5.43, APA 10.22 -10.48 (50.6%), BP -5.66 and XLE $34.98 -7.52 (17.69%).
METALS, GOLD: $1,675.70 +3.30. After the rebound, and the overnight move to $1,704.30 we sold off as liquidation hit even the yellow metal. We managed to close up on the day, but it was a disappointment just the same. Our $1.40 position in the GLD calls finished $1.65 +.11.
BITCOIN: closed $7,850 -1,315. We broke to the downside overnight and fell to a low of $7,640, which closed a gap left on the breakout back in January. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We did have 2 subscribers add to new positions under the close today. But we still own 400 GBTC with an average of $8.06. GBTC closed $8.86 – 1.72 today.
Tomorrow is another day.
CAM
submitted by Dashover to optionstrading [link] [comments]

Looking back 18 months.

I was going through old emails today and came across this one I sent out to family on January 4, 2018. It was a reflection on the 2017 crypto bull market and where I saw it heading, as well as some general advice on crypto, investment, and being safe about how you handle yourself in cryptoland.
I feel that we are on the cusp of a new bull market right now, so I thought that I would put this out for at least a few people to see *before* the next bull run, not after. While the details have changed, I don't see a thing in this email that I fundamentally wouldn't say again, although I'd also probably insist that people get a Yubikey and use that for all 2FA where it is supported.
Happy reading, and sorry for some of the formatting weirdness -- I cleaned it up pretty well from the original email formatting, but I love lists and indents and Reddit has limitations... :-/
Also, don't laught at my token picks from January 2018! It was a long time ago and (luckliy) I took my own advice about moving a bunch into USD shortly after I sent this. I didn't hit the top, and I came back in too early in the summer of 2018, but I got lucky in many respects.
----------------------------------------------------------------------- Jan-4, 2018
Hey all!
I woke up this morning to ETH at a solid $1000 and decided to put some thoughts together on what I think crypto has done and what I think it will do. *******, if you could share this to your kids I’d appreciate it -- I don’t have e-mail addresses, and it’s a bit unwieldy for FB Messenger… Hopefully they’ll at least find it thought-provoking. If not, they can use it as further evidence that I’m a nutjob. 😉
Some history before I head into the future.
I first mined some BTC in 2011 or 2012 (Can’t remember exactly, but it was around the Christmas holidays when I started because I had time off from work to get it set up and running.) I kept it up through the start of summer in 2012, but stopped because it made my PC run hot and as it was no longer winter, ********** didn’t appreciate the sound of the fans blowing that hot air into the room any more. I’ve always said that the first BTC I mined was at $1, but looking back at it now, that’s not true – It was around $2. Here’s a link to BTC price history.
In the summer of 2013 I got a new PC and moved my programs and files over before scrapping the old one. I hadn’t touched my BTC mining folder for a year then, and I didn’t even think about salvaging those wallet files. They are now gone forever, including the 9-10BTC that were in them. While I can intellectually justify the loss, it was sloppy and underlines a key thing about cryptocurrency that I believe will limit its widespread adoption by the general public until it is addressed and solved: In cryptoland, you are your own bank, and if you lose your password or account number, there is no person or organization that can help you reset it so that you can get access back. Your money is gone forever.
On April 12, 2014 I bought my first BTC through Coinbase. BTC had spiked to $1000 and been in the news, at least in Japan. This made me remember my old wallet and freak out for a couple of months trying to find it and reclaim the coins. I then FOMO’d (Fear Of Missing Out”) and bought $100 worth of BTC. I was actually very lucky in my timing and bought at around $430. Even so, except for a brief 50% swing up almost immediately afterwards that made me check prices 5 times a day, BTC fell below my purchase price by the end of September and I didn’t get back to even until the end of 2015.
In May 2015 I bought my first ETH at around $1. I sent some guy on bitcointalk ~$100 worth of BTC and he sent me 100 ETH – all on trust because the amounts were small and this was a small group of people. BTC was down in the $250 range at that point, so I had lost 30-40% of my initial investment. This was of the $100 invested, so not that much in real terms, but huge in percentages. It also meant that I had to buy another $100 of BTC on Coinbase to send to this guy. A few months after I purchased my ETH, BTC had doubled and ETH had gone down to $0.50, halving the value of my ETH holdings. I was even on the first BTC purchase finally, but was now down 50% on the ETH I had bought.
The good news was that this made me start to look at things more seriously. Where I had skimmed white papers and gotten a superficial understanding of the technology before FOMO’ing, I started to act as an investor, not a speculator. Let me define how I see those two different types of activity:
So what has been my experience as an investor? After sitting out the rest of 2015 because I needed to understand the market better, I bought into ETH quite heavily, with my initial big purchases being in March-April of 2016. Those purchases were in the $11-$14 range. ETH, of course, dropped immediately to under $10, then came back and bounced around my purchase range for a while until December of 2016, when I purchased a lot more at around $8.
I also purchased my first ICO in August of 2016, HEAT. I bought 25ETH worth. Those tokens are now worth about half of their ICO price, so about 12.5ETH or $12500 instead of the $25000 they would be worth if I had just kept ETH. There are some other things with HEAT that mean I’ve done quite a bit better than those numbers would suggest, but the fact is that the single best thing I could have done is to hold ETH and not spend the effort/time/cost of working with HEAT. That holds true for about every top-25 token on the market when compared to ETH. It certainly holds true for the many, many tokens I tried to trade in Q1-Q2 of 2017. In almost every single case I would have done better and slept better had I just held ETH instead of trying to be smarter than Mr. Market.
But, I made money on all of them except one because the crypto market went up more in USD terms than any individual coin went down in ETH or BTC terms. This underlines something that I read somewhere and that I take to heart: A rising market makes everyone seem like a genius. A monkey throwing darts at a list of the top 100 cryptocurrencies last year would have doubled his money. Here’s a chart from September that shows 2017 year-to-date returns for the top 10 cryptocurrencies, and all of them went up a *lot* more between then and December. A monkey throwing darts at this list there would have quintupled his money.
When evaluating performance, then, you have to beat the monkey, and preferably you should try to beat a Wall Street monkey. I couldn’t, so I stopped trying around July 2017. My benchmark was the BLX, a DAA (Digital Asset Array – think fund like a Fidelity fund) created by ICONOMI. I wasn’t even close to beating the BLX returns, so I did several things.
  1. I went from holding about 25 different tokens to holding 10 now. More on that in a bit.
  2. I used those funds to buy ETH and BLX. ETH has done crazy-good since then and BLX has beaten BTC handily, although it hasn’t done as well as ETH.
  3. I used some of those funds to set up an arbitrage operation.
The arbitrage operation is why I kept the 11 tokens that I have now. All but a couple are used in an ETH/token pair for arbitrage, and each one of them except for one special case is part of BLX. Why did I do that? I did that because ICONOMI did a better job of picking long-term holds than I did, and in arbitrage the only speculative thing you must do is pick the pairs to trade. My pairs are (No particular order):
I also hold PLU, PLBT, and ART. These two are multi-year holds for me. I have not purchased BTC once since my initial $200, except for a few cases where BTC was the only way to go to/from an altcoin that didn’t trade against ETH yet. Right now I hold about the same 0.3BTC that I held after my first $100 purchase, so I don’t really count it.
Looking forward to this year, I am positioning myself as follows:
Looking at my notes, I have two other things that I wanted to work into this email that I didn’t get to, so here they are:
  1. Just like with free apps and other software, if you are getting something of value and you didn’t pay anything for it, you need to ask why this is. With apps, the phrase is “If you didn’t pay for the product, you are the product”, and this works for things such as pump groups, tips, and even technical analysis. Here’s how I see it.
    1. People don’t give tips on stocks or crypto that they don’t already own that stock or token. Why would they, since if they convince anyone to buy it, the price only goes up as a result, making it more expensive for them to buy in? Sure, you will have friends and family that may do this, but people in a crypto club, your local cryptocurrency meetup, or online are generally not your friends. They are there to make money, and if they can get you to help them make money, they will do it. Pump groups are the worst of these, and no matter how enticing it may look, stay as far away as possible from these scams. I even go so far as to report them when I see them advertise on FB or Twitter, because they are violating the terms of use.
    2. Technical analysis (TA) is something that has been argued about for longer than I’ve been alive, but I think that it falls into the same boat. In short, TA argues that there are patterns in trading that can be read and acted upon to signal when one must buy or sell. It has been used forever in the stock and foreign exchange markets, and people use it in crypto as well. Let’s break down these assumptions a bit.
i. First, if crypto were like the stock or forex markets we’d all be happy with 5-7% gains per year rather than easily seeing that in a day. For TA to work the same way in crypto as it does in stocks and foreign exchange, the signals would have to be *much* stronger and faster-reacting than they work in the traditional market, but people use them in exactly the same way.
ii. Another area where crypto is very different than the stock and forex markets centers around market efficiency theory. This theory says that markets are efficient and that the price reflects all the available information at any given time. This is why gold in New York is similar in price to gold in London or Shanghai, and why arbitrage margins are easily <0.1% in those markets compared to cryptoland where I can easily get 10x that. Crypto simply has too much speculation and not enough professional traders in it yet to operate as an efficient market. That fundamentally changes the way that the market behaves and should make any TA patterns from traditional markets irrelevant in crypto.
iii. There are services, both free and paid that claim to put out signals based on TA for when one should buy and sell. If you think for even a second that they are not front-running (Placing orders ahead of yours to profit.) you and the other people using the service, you’re naïve.
iv. Likewise, if you don’t think that there are people that have but together computerized systems to get ahead of people doing manual TA, you’re naïve. The guys that I have programming my arbitrage bots have offered to build me a TA bot and set up a service to sell signals once our position is taken. I said no, but I am sure that they will do it themselves or sell that to someone else. Basically they look at TA as a tip machine where when a certain pattern is seen, people act on that “tip”. They use software to see that “tip” faster and take a position on it so that when slower participants come in they either have to sell lower or buy higher than the TA bot did. Remember, if you are getting a tip for free, you’re the product. In TA I see a system when people are all acting on free preset “tips” and getting played by the more sophisticated market participants. Again, you have to beat that Wall Street monkey.
  1. If you still don’t agree that TA is bogus, think about it this way: If TA was real, Wall Street would have figured it out decades ago and we would have TA funds that would be beating the market. We don’t.
  2. If you still don’t agree that TA is bogus and that its real and well, proven, then you must think that all smart traders use them. Now follow that logic forward and think about what would happen if every smart trader pushing big money followed TA. The signals would only last for a split second and would then be overwhelmed by people acting on them, making them impossible to leverage. This is essentially what the efficient market theory postulates for all information, including TA.
OK, the one last item. Read this weekly newsletter – You can sign up at the bottom. It is free, so they’re selling something, right? 😉 From what I can tell, though, Evan is a straight-up guy who posts links and almost zero editorial comments.
Happy 2018.
submitted by uetani to CryptoCurrency [link] [comments]

Moon Math Update: Bitcoin is ready to grow again

Go to http://moonmath.win for the full update and rainbow charts
I've said this before: When I get quiet, it's time to accumulate. I've been quiet. Before I went quiet I suggested it was a good time to DCA into a position. The jury is far from out on that, but I think moon math is tracking pretty well with this retrace.
Moon Math takes a long-term bull perspective. It doesn't say "Insane awesome returns forever!" Instead, it invites you to consider our current price position against past trends. I know for a fact that some people look at the rainbow charts and think "Oh boy, we're in the red and it's only up from here." That's insane. Don't do that again. Projecting the price based on the trend from the ATH isn't going to work out for anyone. The Moon Math we're seeing today is probably a better projector of performance than any time in the last several months (I'll get that time travel feature done someday).
Is this retrace over? I'm going to shout an unsatisfying and resounding "possibly" on this. Part of the reason that I haven't been posting is that my position on this hasn't changed. "Possibly" and "no change" is a boring answer, but I'll spice it up for you a little today, because the outlook has improved from when I last posted.

BBands are tightening.

BBands have been tightening for a while, and we're going to start seeing tight BBands on the 12-hour chart soon. Bitcoin is volatile. BBands like this predict a move in one direction or the other. A direction for the price will be more firmly established in the next five days. If it breaks down I expect slower growth over the next four to six months as well as significantly less volatility. If we break up, then I think we’ll see continued parabolic growth on the log chart and a new ATH in the next month. Clearly, I think that the price breaking down one more time will be good for Bitcoin long-term.
We can sustain BBands this tight for months at a time. Observe the 12-hour bands In April through June in 2017. That pattern shows the price doubling in 2 months. So, nothing definitive there. Having a direction doesn't mean we'll have a big change in price, though.

Bouncing off the bottom of our short-term trend

We've bounced off the bottom of our short-term trend 4 times in the last two weeks with decreasing bear volume. That indicates that there's a lot of support at the bottom of our trend. The drop in volume shows that bears are running out of supply.

The short-term up trend is sustainable

The slope of our short-term trend is only slightly greater than the 6-month trend. IMO, fundamentals show that it's possible to maintain that trend indefinitely. That's true of a rational market, anyway.

Local Bitcoins Volume is growing

Volume at Local Bitcoins is about 5x to 6x what it was this time last year. I'm not sure they can bust at the seams like that for another year, but linear growth from here seems like a conservative expectation for at least the next year. I suspect we're going to see about 40 to 80 million USD a day flow into Bitcoin through Local Bitcoins by the end of 2018. That will be an important metric used to analyze our entrance into a pre-halving market through 2019.

Sentiment is as low as we've seen in a while

Consider the price and infrastructure of Bitcoin today vs six months ago. Consider the attacks we've flourished through. It's normal to see sentiment turn against Bitcoin. If it didn't we'd see unstainable growth and even more volatility. If you bet against the crowd, now is the time to make a bet.
Going back into my hole and shutting up while I'm proven right, again. Maybe I'll check in again later this week.
Good hunting
Go to http://moonmath.win for the full update and rainbow charts
Label 7-day Performance 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Starting Price USD $11,522.86 $14,427.87 $9,816.35 $6,121.80 $997.69 $434.46 $313.92 $770.44 $13.30 $5.27 $0.30 $0.09
Compounding Daily Periodic Rate 0.21% -0.70% 0.29% 0.72% 0.63% 0.44% 0.32% 0.18% 0.37% 0.35% 0.41% 0.43%
Over $20,000.00 on 2018-10-08 Never!!! 2018-07-30 2018-04-12 2018-04-21 2018-05-29 2018-07-11 2018-11-15 2018-06-20 2018-06-27 2018-06-02 2018-05-26
Over $31,622.78 on 2019-05-13 Never!!! 2019-01-03 2018-06-14 2018-07-03 2018-09-11 2018-11-30 2019-07-24 2018-10-23 2018-11-06 2018-09-22 2018-09-10
Over $100,000.00 on 2020-11-08 Never!!! 2020-02-01 2018-11-21 2019-01-02 2019-06-03 2019-11-22 2021-04-13 2019-09-02 2019-10-03 2019-06-30 2019-06-04
Over $1,000,000.00 on 2023-11-02 Never!!! 2022-03-30 2019-10-06 2020-01-03 2020-11-13 2021-11-04 2024-09-23 2021-05-22 2021-07-26 2021-01-11 2020-11-20
submitted by jarederaj to Bitcoin [link] [comments]

CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
SPONSORED
Start with ¥3000 trading bonus
Trade forex and CFDs on stock indices, commodities, metals and energies with alicensed and regulated broker. For all clients who open their first real account, XM offers a¥3000 trading bonus to test the XM products and services without any initial deposit needed. Learn more about how you can trade from your PC and Mac, or from a variety of mobile devices.
Compare Investment Accounts
Advertiser Disclosure
Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
Bitcoin Mining, Explained Breaking down everything you need to know about Bitcoin Mining, from Blockchain and Block Rewards to Proof-of-Work and Mining Pools.
Understanding Bitcoin Unlimited Bitcoin Unlimited is a proposed upgrade to Bitcoin Core that allows larger block sizes. The upgrade is designed to improve transaction speed through scale.
Blockchain Explained
A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
Top 6 Books to Learn About Bitcoin About UsAdvertiseContactPrivacy PolicyTerms of UseCareers Investopedia is part of the Dotdash publishing family.The Balance Lifewire TripSavvy The Spruceand more
By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

NEUES BITCOIN CHART PATTERN ZEIGT... !!!!!!! - YouTube Bitcoin Timelapse Bitcoin (BTC) Morning Update: A Pathway to $9k Karaoke - Chart Hits April 2013, Vol. 104 - YouTube GEFÄHRLICHER CHART für den Bitcoin Preis? DEFI geht wieder ...

Bitcoin history for 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019. Bitcoin price chart since 2009 to 2019. The historical data and rates of BTC ... The above chart shows CoinDesk's Bitcoin Price Index for Dec. 1, 2013 to Dec. 31, 2013. As of Thursday, bitcoin's value was just above $16,500, according to CoinDesk.Based on that value, one ... BTC/EUR Historisch: Hier finden Sie die Historisch-Seite für den BTC/EUR April 3, 2013, 8:03 a.m. Due to high usage our telnet daemon ran into some problems. We'll address them shortly to improve performance. Downtime on 2013-02-04. Feb. 4, 2013, 12:34 p.m. We've had a small problem with a memory leak in our database server. This is fixed now and the site is fully functional again. No data has been lost. Everything's back up. Sept. 11, 2012, 1:40 a.m. We've had ... Bitcoin Price in 2013. The price of Bitcoin in USD is reported by Coindesk. All prices on this page are nominal (i.e., they are not indexed to inflation). For price history since Bitcoin was first traded on exchanges in 2010, click here. Bitcoin Price Chart, 2013 This graph shows the conversion rate of 1 Bitcoin to 1 USD at the first of each month. Bitcoin Price in 2013 ($) Bitcoin Price Table ...

[index] [22665] [50470] [44948] [10025] [24589] [20247] [21920] [7064] [10053] [35106]

NEUES BITCOIN CHART PATTERN ZEIGT... !!!!!!! - YouTube

Vera Trading: Live Bitcoin Price Chart and Live Bitcoin Trading with Crypto Robot DeriBot. ... This Guy Absolutely Nailed It Back In April 2013. Wow. - Duration: 10:32. Altcoin Daily 59,676 views ... NEUES BITCOIN CHART PATTERN ZEIGT... !!!!! Bis zu fast 2000$ kostenlos für deine ersten Trades auf diesen Exchanges! 🟢 Bityz: https://bityz.com/?r=CryptoMo... Bitcoin Chart Analysis April 3 BTC USD - Duration: 10:37. JD Marshall 1,083 views. 10:37. Bitcoin Chart Analysis / Talk March 18 - BTC USD - Duration: 11:04. JD Marshall 855 views. 11:04 . Bitcoin ... Sorry about the quality. The source stream was pretty bad. "Bitcoin can be counterfeited and is not scarce." - Mike Pento Donate: 1piwo7t59rr4SR78CWpYJpt5WM6iCy11Y Bitcoin Timelapse "the last seven days" 10.12.2013 to 17.12.2013 - Bitstamp Price from bitcoinity.org Original file...

#