Crypto Contest August 30: Quant

in palnet •  3 months ago  (edited)

Quant (Bittrex: QNTBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Quant began a wave one advance on May 31. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on July 11, and the red wave two (blue sub-waves a-b-c) correction ended on August 16. If this wave count is correct, Quant should be heading next towards the July 11 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Quant is building technology that enables trusted digital interaction, helping create a secure digital future to the benefit of all. BlockchainBrad interviewed the CEO last month.

(Sources: Quant and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.


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I am curious, what are your thoughts on the new hardfork? Good or bad move in your opinion?

The obvious that i see is a loss of 25% author reward and reduction of bid bot for profit which will supposely eliminate spam or "shit posts". There is an increase of curation reward of 25%, but it will not impact me as my vote is only worth a tiny penny now. Supposedly this will increase curation, but I think it will only help whales and dolphins self vote or share votes amongst their inner circle.

You have been around for a while and I would love to hear your insight.

I am kinda hoping we will get a new hard fork soon to help the little guy.

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