Hanging Onto September : A Crytpocurrency Update for 09.20.2018
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ll the doom talk yesterday seems to have been shrugged off (for the time being, anyway). It feels like the news wants the space to crash into a waterfall, yet it hasn’t yet. What does that mean for us that HODL? Nothing, probably, as the long term end game is where we think we’ll be. What does that mean for my 21 Litecoins? Probably in store for some unhappy future waves, as news says it’s a relic (and overprice). Thanks Litecoin, did I ever mention you 21 LTCs are the best?
Please recall that this is:
Random thoughts for entertainment purposes on cryptocurrency short term prices. This post is purely for entertainment value alone, and is not intended to represent or constitute financial advice. I DO own a position in all of these coins. Always provide your own due diligence and risk management in respect to investments.
Crypto Newscape Chaos
Japanese Exchanged Hacked for 6000 Bitcoin
Bitcoin on brink of collapse after discovery of a very scary bug in its code
Bitcoin is used by the Islamic State
The Guardian thinks Bitcoin needs to be regulated
Bitcoin is representative of the Wild West
Hackers are using a NSA software flaw tip to generate counterfeit Bitcoin, Monero, and other cryptos
Of course, fiat is counterfeited all of the time, but the security of fiat is not in question, only the security of the cryptospace. Maybe the Google machine will scare us into that September bear market finally?
Chart Updates
Bitcoin is overdue for pivot high/minor reversal
Steem is overdue for pivot high/minor reversal
I’m now adding Digibyte charts too.
All charts are below for criticism! Thanks!
Bitcoin
Ethereum
Bitcoin Cash
Litecoin
Steem
Digibyte
That’s it for today; I’m still trying to work through some Gann stuff, but it’s a bit esoteric. I mean, I like esoteric stuff, but it can be difficult to grasp at times. I’m hoping for a Gann type update at night. We’ll see…my Brewers are making a push for the playoffs, so the timing is tough (especially with beer). Good luck and good fortune to all.
Coins mentioned in post: