Another Whale Ready to Strike Again : A Cryptocurrency Update for 09.17.2018
[Image Source]
It looks like Steemit is back up...and it is! Feels good to back on, to be honest, despite dealing with a respiratory infection to start this week...
Today’s decrease is allegedly due, in part, to some magic wallet containing 11,114 BTC that has suddenly become awake. Crypto trackers ollowing this wallet’s transactions have noted that the wallet has been asleep for 4 years; now there is apparently a very significant amount of coins ready to be dumped on the market. So what do we do? Panic? Or buy the dip? I’m opting for B.
Other news items today per the Google Machine:
Litecoin is an substantially overvalued relic (eeek!)
The odds of Bitcoin reaching 3000$ USD seem less probable than before
And Houston, Texas, USA restaurateur buys a Bentley with Bitcoin
Don't worry, I'm confused to. And apparently in need of antibiotics. A whale and a Bentley? My 21 Litecoins are overvalued relics????? Is it just me, or is it just another Monday in the cryptospace newscape?
Chart Updates
New Bitcoin long target of $7400 USD as of 9/15/18
New Litecoin long target of $69 USD as 9/16/18
New Steem long target of $.84 USD as of 9/15/18
New Ethereum Classic target of $13.05 USD as of 9/15/18
Please recall, this site includes:
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.
Updated charts are listed below.
Bitcoin
Ethereum
Litecoin the Relic
Ethereum Classic
Steem
Tomorrow's post will include Digibyte...I can't wait to begin tracking that more regularly.
I hope all of you survived the lack of Steemit today; I missed it a bit, to be honest. Maybe that says something about its long term success (remember, I'm not psychic, however!) Good luck and good trading to everyone out there. Let's see what this alleged whale does to prices this week.
I upvoted your post.
Keep steeming for a better tomorrow.
@Acknowledgement - God Bless
Posted using https://Steeming.com condenser site.
Great, thank you for stopping by and the upvote!