The Daily Dood - Thursday, 2-15-18
The Daily Dood for 2- 15 -18
Today's bitcoin high was about $10,271 USD on BitFinex
So good to see bitcoin return to the five figure price range At present it looks like previous resistance around $10K has turned to support. Increased trade volume would be nice. Without an increase in trade volume it is likely we will bounce off resistance at todays high and retest support at $10k. If we are unable to hold support above $10K it is likely we will fall back in the channel between $9450 and $10K.
Today's Headlines
Hedge Fund Managers Pounce on Bitcoin Volatility https://www.ccn.com/hedge-fund-managers-pounce-on-bitcoin-volatility/
Here’s Why You Can’t Judge a Coin by Its Market Cap https://news.bitcoin.com/heres-cant-judge-coin-market-cap/
Ripple Signs Major Deal with Saudia Arabia’s Central Bank http://bitcoinist.com/ripple-signs-major-deal-saudia-arabias-central-bank/
Austrian Bitcoin Scam: 10,000 Victims Lose 12,000 BTC ($115 Million) https://www.ccn.com/austrian-bitcoin-scam-10000-victims-lose-12000-btc-115-million/
NEM’s Lon Wong: Cryptocurrency Price Manipulation Is ‘Unavoidable’ https://bitsonline.com/lon-wong-crypto-manipulation/
How to Profit from Bitcoin Forks by Simply Holding a Bitcoin Balance https://btcmanager.com/profit-bitcoin-forks-simply-holding-bitcoin-balance/
Dragon Coin’s Public Token Sale is Open! http://www.crypto-news.net/dragon-coins-public-token-sale-is-open/
Vitalik Buterin Calls Theymos’ r/Bitcoin Moderation “Deplorable” https://bitsonline.com/buterin-theymos-deplorable/
CFTC Issues Investor Warning on Cryptocurrency Pump-and-Dump Scams https://www.ccn.com/cftc-issues-investor-warning-cryptocurrency-pump-dump-scams/
Decentralized Market Exchanges (Dex) – Why Should You Care https://www.ccn.com/decentralized-market-exchanges-dex-care/
Coinbase Customers Cry Foul After Unexpected Banking Charges https://www.coindesk.com/coinbase-customers-cry-foul-unexpected-banking-charges/
Happy Chinese New Year, and How Crypto Will Remember the Last One https://cointelegraph.com/news/happy-chinese-new-year-and-how-crypto-will-remember-the-last-one
Monero’s XMR Breaks Through $300 Despite its Mining Controversy https://www.newsbtc.com/2018/02/16/moneros-xmr-breaks-300-despite-mining-controversy/
Youtube, Podcasts, Media
Tweet of The Day
Hodling takes balls. Swing trading requires you to actually be nuts.
Jason Z. Christie jasonzchristie February 16, 2018
STEEMIT
Daily Steem Stats Report - Thursday, February 15, 2018 — Via @penguinpablo Steemit https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-thursday-february-15-2018
Litecoin Hard Fork — Via @socky Steemit https://steemit.com/litecoin/@socky/litecoin-hard-fork
Why not earn your next #beer with a nice post? - The Steemit #BeerSaturday Challenge week 36 is calling all Steemians — Via @detlev Steemit https://steemit.com/beersaturday/@detlev/why-not-earn-your-next-beer-with-a-nice-post-the-steemit-beersaturday-challenge-week-36-is-calling-all-steemians
Links
How To Become A Blockchain Developer: Crash Course!
https://blockgeeks.com/guides/blockchain-developer/
H.R.3708 - To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes.
https://www.congress.gov/bill/115th-congress/house-bill/3708
Music and cryptocurrency commentary http://radiocrypto.com/
So many people ask me about TA or technical analysis and where to start. Tone Vays just put together a real great educational page covering the basics of TA. http://www.libertylifetrail.com/education/learntrading/
LiveCoinWatch is similar to CoinMarketCap. Check it out if you like researching coins, trade volume, and who's in the top 10.
https://www.livecoinwatch.com/
It's looking like Binance is taking on new traders again. Sign up while you can, and find out why over 3,000,000 active cryptocurrency traders call Binance home!
https://www.binance.com/?ref=11560333
The End
The Daily Dood is a review of my daily Twitter feed and some of the interesting articles I find here on Steemit. If you're on Twitter hope you decide to join me here:
https://twitter.com/BitcoinDood
That's it for todays edition of The Daily Dood. If you found the information in this post useful I hope you decide to follow for the daily headlines and events happening in the altcoin & cryptocurrency space. Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Thanks for reading and happy trading!
But hopefully, as the btc is going up after declining to $6k, potential investors are investing and I think this trend will be followed and for the time being, it's continue to go up.
It's definitely looking promising. I'd like to think $6K was the bottom. I'll be a lot more optimistic when $10K shows signs of strong support and price holds above that range. Till that I'm really cautious. Breaking through that 10K was a really good sign IMHO.
Yeah, right. But it's definitely gonna have strong hold.
When it was around $6k, I adviced my younger brother to buy atleast one BTC but he was feared of losing each penny. Now he's asking me when it will again face downfall, and I was like, never buddy, if you want to invest, you have to do at this ;)
LOL. Well sorry your brother missed out at 6K. I hope you're right though. It's definitely starting to look really strong again. Onward and upwards :)
Hopes are good :-)
I'm not a trader but having eye on the stats, i can easily predict that now the up trends is just begin for btc.
I hope so. I don't think we're completely out of the woods yet, but it does look like this bull trend is gaining momentum.
yeah, call it a beast man !
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