STEEM Update: BREAKOUT!! BREAKOUT!!
SUMMARY
The Chalice of Wealth, STEEM, washes away all your iniquities of greed and replaces it with gratitude for the coming MASSIVE PROFITS!!
A BREAKOUT IS TAKING PLACE!! THIS IS THE BIRTH OF THAT LONG AWAITED BREAKOUT!! I FEEL LIKE A NEW DADDY ALL OVER AGAIN!!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
I wonder will someone be able to explain what really happened in steem world? For so long both steem and SBD were tumbling around ~$1. And tonight steem jumped +25% while SBD +230%. Why is this? Why this SHARP jump? And what makes sbd to walk so much away from it's native $1 where it should sit all the time ? This SBD price crazy fluctuations is a total
mystery to me.
BTW i put another $1300 into my steempower about a week ago. I'm so glad I did.
Looks like SBD is pumped. It is easy to pump due to its low circulation. Pump was coordinated with STEEM's uptick. For STEEM uptick, it could be correction (has been low for a while) or Korean exchange news. During fake pump of SBD ($3), people chased to the peak to dump, if they can't they lost big. Eventually SBD will be back to $1.
I just yesterday invested 4k in STEEM.🤑
Toasts! [raises glass]
I think all Haejin Lee's followers are not far from doing this on a regular basis...
Now we all gonna enjoy the upvotes! 🙃🕺
You read my mind!!! My spidey sense was tingling so I checked Bittrex and couldn't believe my eyes!
SBD spiked up to $3.87?!? Currently at 2$?
Get ready for a wild ride...!
Perfect definition of pump and dump. Absolutely no news to justify such increase.
Watching transactions on bittrex for about an hour now. It's better than any action movie!
Better than porn! All this mojo gathered for such a long time burst in an instance all over eager Steem.
[edit] don't reply to that please - it's all this excitement.
ahahaha I mean you're not wrong!
Thanks very good post !!!!
Awesome Work!
Keep it up!!!
@cryptoinvestinfo
your CryptoInvestmentExpert
The hair on the back of my neck stand up!
Nice ! reSteemed
Cool! 😎
This handle was getting very long.
the longer the better
If by any chance you have a interest in Factom (FCT) I would be greatly appreciate that you take a look at its chart.
I believe in Factom ,here is why.
Factom is one of the most advanced players in the modern data storage market, relying on blockchain technology to store information in a decentralized but highly secure way. Creating a blockchain involves linking different records to each other and marking each record with a timestamp and a cryptographic hash function. Once all the records are linked, it is not possible to change any one of them without altering all of them. This dramatically reduces the risk that anyone will be able to tamper with the data, providing a high degree of security for the long haul.
Factom takes this secure blockchain method and reinforces it through decentralized data storage. Rather than rely on a single, centralized control system, Factom is controlled by every member of its network, which operates on millions of devices all over the globe. This reduces the risk that foreign hackers, terrorists and rival companies would be able to shut down the network and deny Factom users access to their records. As a result, not only can users count on their data to be accurate, but they also know they will be able to see it at any time.
Factom created the Factoid alternative currency in order to control who is able to access the network and enter data. Potential users must first buy Factoids, which they can purchase with Bitcoin. They can then exchange those Factoids for entry credits, or ECs, which a user must deliver before they can enter data. Whereas Factoids are transferable between users, ECs are not. As a result, a market can develop for Factoids based on the value of the overall platform.
Factom chose this access method to give its users an incentive to run the system responsibly. The better a job users do using Factom, the more valuable Factoids will be, giving those responsible users a financial reward. Because Factoids can be traded, they have the potential to become widely used for storing and transferring value: that is, they can become a currency. But because they have a purpose other than to be used as money, their value is not dependent on consumer confidence.
Factom has expanded its user base rapidly, and has recently gained the approval of the United States Department of Homeland Security, the Chinese Smart City program, the Bill & Melinda Gates Foundation and countless other government and private authorities. The more organizations that use Factom for data storage, the more demand there will be for Factoids, making these units increasingly valuable worldwide as a currency.
i used to have factom, but it was a slow mover back then. maybe it's time for it to moon?
Being listed on Korean exchange tomorrow guys, that is most likely the cause.
Korean exchanges he been a good reason in the past.
I heard that Korean guys are hot and like to invest huge, like huge money, so, the prices are going to the Moon. 😂
ALL ABOARD!!!! time to take the ride in the STEEM TRAIN!!!!! ALL ABOARD !!
I'm very curious what events or news justify this breakout. SBD is even more crazy.