#2018 Daily Safe Bet Predictions
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sugar-petals · 4 years ago
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:: random things about boyfriend yoongi
↳ ♡ NOTE I saw this format floating around the fandom and thought it was cool and sweet (just like our honey boy so here it goes) 😊  includes an sfw and nsfw bit, both can be read independently.
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First off, Yoongi is laid-back and casually sexy the way we know him. But he also has spikes of energy where he actually gets a little clingy. Any opportunity he will use to hold hands or jump around like a madman with his gummy smile because he got excited about something that you never could predict would make him so happy. He truly is an epiphany.
He’s your most eager personal chef but funnily enough a little unsettled by onions so you end up helping him. Yoongi hates to be crying in the kitchen because of some evil little vegetable but hey, perfect time and place to spend half an hour huddled together cooking or baking. And Yoongi is secretly longing for a cheesy scene, he finds it romantic when you wipe the tears from his face.
His way of speaking to you is a mix of mumbly Korean, high-pitched pouty cat speak, and old-school English slang phrases that he learned somewhere on social media or award shows back in 2018. Most of the time he takes things seriously but is up for some joking anyway. He is sure to giggle every now and then which is really adorable of him. Yoongi is also the person who gets every nuance of your humor and reacts to it.
After being single, you really have to get used to someone waddling around the house. Like— oh, he’s there! And it’s none other than him! Since Yoongi isn’t noisy when he concentrates on his laptop, it really stands out when he morphs from his unmovable rock-like being to a slow rolling stone headed towards the kitchen from time to time. You have to blink every time. And how could you not look up, he’s walking by with his cutest oversized sweaters and striped fluffy socks.
He cannot hide things that normal people would try to keep secret — because of their own discomfort, but he is good at blocking out things that serve your comfort. I’ll explain what I mean. If you have been keeping up with Yoongi postponing the reveal of his surgery until it was successful, you know what I mean. In short, Yoongi is pretty much an automatic filter for things that disturb you. Knowing the right time and place to inform you is the key. As is disregarding things that don’t concern you as a couple, unnecessary drama and opinions. He’s really good at that without ever trying to sugar-coat the important things because he remains a frank and honest soul.
Yoongi has an easier time giving random presents for simple occasions rather than making a big deal out of traditional festivities. So, big celebrations are often kept simple — unless the rest of BTS is there advocating their ‘a little party never killed nobody’ motto — while Yoongi focuses on getting you something attentive or useful every other day pretty much. He’s still a frugal type, you know him. It’s more about inexpensive things that catch his eye because he heard you likes this or that type of snack or want this or that sofa cushion. 
There’s always something new and surprising in the fridge and it’s hardly ever empty because Yoongs takes care of the groceries, really thinking it through. Just personal chef things. Being Yoongi’s partner must be the most destressing thing. He takes responsibility for the worldly things, the ironing clothes and the trash cans. He himself thinks that’s the easiest shit ever and is ready to put time into it (he sees the merit, it drives him) while thinking your side — the sheer act of being in love with him, being there for him — must be hard. Which it isn’t. 
Yoongi thinks emotions and relationships are tough and complicated while daily life runs smoothly at the snap of a finger. You think maintenance is a drudgery while love is not the maze your boyfriend assumes it is. Deep down Yoongi thinks he’s unlovable and a bad person, that’s why he believes he doesn’t have the burden but you have. That your affection then blazes past the barriers in Yoongi’s esteem is something that he finds incredible. It catches him off guard there, you burst the bubbles of the flaws he falsely imagines he has.
You bet your ARMY bomb you’re watching cat videos together.
Guess who’s the first person to hear all of Yoongi’s upcoming hit tracks? Even Namjoon gets the first sample ten minutes later. You gotta be really advanced at keeping secrets and avoiding accidental leaks with your phone or something.
Yoongi hesitates with the analogy because it’s a little funny and you’re evidently not a steaming liquid made of beans, but he claims you really are like his daily americano. Makes his every morning better. 
Now, in all seriousness. What means the most to him is that you take him how he is and are stable company. Yoongi is afraid of betrayal and stupid games so he has to be sure to have a safe bet going. I think that’s why he fancies marriage, it’s a sign of commitment and some degree of permanence to him. And yes, he is a bit jealous in nature since he’s easily invested in someone with a purity of feeling, almost in a naive way. Yoongi easily idolizes his partner and puts a lot of energy into a bond. He wants to protect that, take the risk, and he has watched for someone who radiates genuine trust and faith. He is sure to have found it in you without any illusions and he is right. Loyalty, loyalty, loyalty.
Playing the piano for dinner or date night is a must, he practices constantly to advance to a great standard. He secretly finds a lot of satisfaction in you cooing at his skills and melodies. Those ten bony fingers gliding over the keys with such a technicality and focus, and a passion that makes you hold your breath, it’s great to watch.
Did you see that one coming? He will compose and produce a designated mixtape only for you personally. Yes, with a little self-filmed, self-cut music video for the title track. 
Now those things never see the light of day, they’re all for you. But what about your couple life once it touches the social realm? As one might expect, Yoongi is very ‘eyes turn narrow’ with people who bring disharmony to your dynamic and the relationship in general. In fact, he is grumpy and disappointed, and should someone give him a reason, distinctly brutal. If someone even attempts to test you or plays manipulative games, Yoongi is relentlessly turning them from the inside out with his words that never miss the mark. They’re efficient. As I said, he hates playing annoying games, he’ll do any shortcut and be Yoongi.
I guarantee you can lean back and will never the fazed by stupid people and time wasters again. No need to lose face. Yoongi does the dirty work and is the best possible defender to have on your side. He handles that. Invasive opinions and useless phrases he will shove right up some trashtalker’s ass and leave. Let’s squarely say he is unafraid to be a armchair critic of your and his haters and doesn’t want any of that nuisance to disturb what you have together. He cuts very quick and makes sure not to get tangled up in trouble.
Yoongi will also debunk a whole bunch of weirdos on weverse asking about your private love while he’s at it. Prepare for some very entertaining snide remarks. Oh my god, so many entitled people will be pissed off. Many will also celebrate him for stepping up. What’s actually important to Yoongi is that nobody taints what is like a treasure to him.
It won’t be hard to overlook that Yoongi is very proud of you as well. He looks confident and revering when he hangs out with the group and you’re somewhere close by, even just doing something trivial.
He’s also pretty touchy, sometimes publically to demonstrate something, but mostly in the relative calm and safety of a hotel room. When the lights are out, all barriers crash, the utter romantic takes over. His favorite types of kisses besides those onto his hands are when you kiss his lashes. And yep. Yoongs is such a cozy little spoon. A very curled up one with cute shooky pajamas on most likely.
Talk about clothes. Believe it or not, Yoongi’s fashion goes through a significant change due to the relationship. He knows that you are touchy and thinks about what kinds of flannels are the biggest cuddle magnet, after all. And oh wonder, he will also show some level of skin when he accidentally hears your praises for his arms and legs and collar bones and glowy skin while talking to a close friend of yours. So, look forward to that in summer (he still dislikes the winter cold and wraps himself into scarves twice his size, mind you) though it’s still for your eyes only, he covers up when going out. Truth be told, he enjoys when you casually touch his skin. Especially the arms. Which hold up the firmament to you, and your world, too, and guard it.
BTS will know about how excited he is about you because he often boasts about for how long you’ve been living together by now. We all know this is Yoongi’s favorite way of bragging and it further shows that loyalty, dedication and longevity is the spice to his every meal.
Yoongi is probably going to quit the bottle because you naturally make him feel at ease and upbeat. In fact, he simply forgets about his wine. I don’t have to convince you that Yoongi will be very immersed in any interaction with you whether that be watching movies or discussing his latest tracks. 
Those discussions come with extra back massages for him because he spends a lot of hours in his chair. Especially around the neck, it’s no secret that this is in every cat’s top 3 favorite massaging areas. Yoongi is gonna make some really raspy, sleepy sounds and just melt in your hands. He’s gonna sleep like a baby afterwards every time. Sometimes, he says funny and cute things while he dozes. He looks very content.
Say goodbye to the 21st century adulting annoyances in your life because Yoongi has a grip on those without a word. Those six specific chores that always plague you take him only a dozen minutes and he is eager, the forms to fill out are already sent off, the list of people to e-mail is weeded through. The taxes are paid, the bank account is full, the meals are on the table, garnished to perfection. Roof over the head, and it’s a sturdy one, Yoongi bought a sound haven house to inhabit a lot of happiness for two. 
He’s probably the only person who doesn’t see it as a loss of dignity if you want to hold on tight to him during a dentist visit as a grown ass mf. Why all of this? Yoongi cannot not strive to feel needed in his actions. He wouldn’t like himself if he couldn’t contribute something reliable and useful. That you find things worthy of your time is priority. You complement each other, what you think is a waste of energy makes him work and strive and vice versa. That way, in the end all things are taken care of.
Giving is more important than taking in Yoongi’s world. He thinks of everything because he considers it an offense to have you in a pile of duties, that is, if you don’t like ‘em. It’s his form of dedicating his efforts and showing respect. He doesn’t need much in return. The things he expects if at all don’t feel like a duty: Much like he doesn’t consider doing those acts of services for you likewise.
Work horse he is, he needs something on his daily to-do plan. Which includes making you feel unbothered by the occasions of an incoming strict world when it’s getting to you. You’re supposed to do what you feel like doing just like him and not slave away at fifty deeds. That you torture yourself with daily life hassle is the thing he dislikes seeing the most. He enjoys doing these things so he’s happy to get going.
What’s not a daily life hassle: Holly is a big fan of yours. Instant friendship. Just wanted you to know.
He always knows how to preoccupy himself and finds something to improve. Getting on your nerves, and that’s no surprise, is the last thing Yoongi will ever do. In fact, you sometimes have to search for his napping spot because he got lost somewhere in the house. 
He either sleeps or works, his philosophy is simple. If you need him, he does appear seemingly out of nowhere. And, he spends as much time with you as you enjoy, not always prioritizing his producing unless it’s urgent or he’s on an inspiration streak. Which is great anyway, you can sit next to him listening. It’s the right balance of work and play.
Yoongi is not above blatantly showing off. Actually, he goes for an act of stunning pretty often. You know how cats parade around whatever they just caught. He wants to impress you with assets and accolades and appraisals, the boy can’t help it. That you only lightly nod at most of it with a little smile will confuse him but he will get the point later on. You wanna signal Yoongi that you anchor your love for him not in shifting numbers and chunky metal pieces. 
That you don’t confuse his signs of outward worth and fame with the core of the guy you find the sweetest in the world is very important to him. He will take some time to see through that because he’s used to being loved through status and its symbols by people close and afar. 
The way you throw yourself at him to give a big smooch in random situations — especially when he doesn’t feel great about himself— rather than only when he say gets a new car is sending him a message. Again, he has to grow into that. He will retreat at the beginning because he feels worthless of your affection on days where he doesn’t feel big and bold and successful. But since he sees you jumping on him because you need only his kind and squishy presence and see him as no different than usual because he’s always Yoongi underneath, your boyfriend will change his mind about it sooner or later. He learns that your presence makes him feel like a billion dollars yourself.
You don’t wallow in the regrets of other people missing the point of Yoongi and instead focus on always understanding him rather than enabling Yoongi into wrong directions. And there are many of those, his mental health can tell you a thing or two about it. He begins to get that you really know what you’re doing and are in it for the real him which makes him feel really loved far underneath all surfaces and images. You accept his fame and admire his work with music which is what he’s truly doing it for but also don’t forget that the most vulnerable Yoongi is the one that you’re there for and not a facade.
NSFW
I know you’re curious. That Yoongi’s sexual style is more than just interesting goes without saying. To give you an idea. Anything steamy with Yoongi means him taking his time. You know, for making it quality. Yoongi wants to grow into the right balance of activity and staying relaxed. He is good at keeping cool and bringing some focus to the madness. He wants to figure out how to be more casual instead of tense and overly preoccupied which he’ll be at the start of the relationship. But the fast learner he is, his nervousness fades way faster than you think. 
Yoongi is extremely afraid that he can’t please you or starts to become awkward slash clueless so he darts to the opposite of the spectrum and overperforms, even plays a character. You have enough cool yourself to tell him what to do in the pace that works best. That he stays centered in his body is important for you to teach him. When he gets grounded and juggling his confidence is out of the equation, he fucks the best.
His favorite position besides giving oral — with you on your back — will be doggy style. Man, we gotta talk about that. Slow to upper moderate pace, nothing too all over the place. Yoongi moans very slowly, too, all drawn out. Get ready for a frequent session of some anal to unwind. You heard that right. First, Yoongi will get the two of you into the right rhythm with his hands at the sides of your waist, then, ride it out in slow mo with his right hand properly stimulating you from the front. 
By habit, he will add some lube here and there but not use insanely dripping amounts so everything gets messy or he can’t touch you without sliding off anymore. Just enough to slide well. Yoongi is so good at this I swear, it’ll be your favorite thing to relax. He has the restraint and technique to pull it off rather than pulling out, huh. Yoongi is gonna stay inside you for ages. It feels like he’s massaging every spot for some extra time. It’s amazing to slack off your muscles, cool off, and get many a gentle but fulfilling orgasm. 
He’s not gonna put you through the hassle of dealing with an anal creampie cleanup so he keeps it wrapped, and mostly focuses on your movements altogether while keeping his own climax smooth and more relieving rather than something that relentlessly knocks him out in one go. Yoongi is good at observing and doesn’t feel the need to chase a violent high which is why he is so great at sex. Fucking with Yoongi leaves a wholesome feeling and you never feel ashamed or guilty, or a sense of being dirty and ruined. 
He enjoys having sex to make you feel really good and works his hands on you very respectfully. His goal is to have you wet and pulsing after a long while of getting you there, and putting you to a good night’s sleep. He’d feel terrible if he left you sore or disturbed. He is really passionate, especially with his kisses or when you ask him to slide into very deeply, but Yoongi being brash and controlling is an image out of sight.
Besides giving you the number one heavenly assfucks, Yoongi also likes to work his tongue as we know, and he’ll work it all over. Few body parts of yours have not made contact with that glorious mouth and I say that in the best of ways. You can instruct him to do whatever, Yoongi obliges with radiant joy. And here again, he takes minutes upon minutes. Kissing and kissing and licking and maybe even teasing once or twice to make you smile. You know, a little signature wink. Honoring your skin and every shape is not something that Yoongi has to talk about, he will physically show it and I swear it’ll finally get into your head with every little move, Yoongi has totally surrendered his tongue to your body and worships it.
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meekbet-blog · 7 years ago
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Both Teams To Score (GG) Predictions Tips Kenya Jan 05 2018
Both Teams To Score (GG) Predictions Tips Kenya Jan 05 2018 Best Odds Football Predictions in Kenya Jan 05 2018 Both Teams To Score Meekbet Football Prediction for Today
Best football tips and betting predictions in Kenya 2018
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The Journey of Reddcoin
What is Reddcoin?
Reddcoin (RDD) is a type of cryptocurrency. A cryptocurrency is a digital peer-to-peer medium of exchange with no central authority or banks managing its transactions, unlike fiat money that derives its value from government regulation or law (e.g. The U.S. Dollar, Euro, etc.). You do not need a bank or any central authority to use cryptocurrency. Reddcoin is powered by its users. With Reddcoin, you are essentially your own bank.
Reddcoin is dedicated to one thing — tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public. Social networks are now part of our everyday lives. They give every person on this planet a fair chance at showing the world how awesome they are. Getting an upvote, like, or retweet for your well-received comment or picture is fun, but unfortunately, they have no real value. Fortunately, there is now something better than imaginary internet points — Reddcoins.
Cryptocurrencies are complicated. Let’s face it — the average person has no idea how cryptocurrencies work. They would like to get involved, but usually have no idea where to start. Reddcoin’s objective is to fill those voids by integrating a seamless cryptocurrency tipping system with all major social networks to make the process of exchanging coins simple, fun, and rewarding both for the giver and the receiver.
Initial Public Coin Offering (IPCO)
Reddcoin was created on January 20, 2014, as a PoW cryptocurrency. On February 2, 2014, after raising $100,000 through their Initial Public Coin Offering (IPCO), Reddcoin was released to the public. On April 29, 2014, they announced that Reddcoin would transition from PoW to PoSV.
When Reddcoin was first introduced, the development team introduced an Initial Public Coin Offering of 5.45 billion Reddcoins in exchange for Bitcoin from interested investors. This money raised used to support in the development, publicity, and support of Reddcoin during and after launch. Over the following weeks, 168.8347 Bitcoin was raised. To prevent a large influx of Reddcoin to the trading markets after launch, the 5.45 billion Reddcoins were distributed to the 386 investors over a 90 day time span at 1.11% of the total to be received distributed to each investor each day, ending in mid-May 2014.
Reddcoin Technology
Reddcoin is an advanced cash secured by a cryptographic algorithm. At the core of Reddcoin innovation lies an algorithm, worked by lead designer Laudney, called Proof of Stake Velocity (PoSV). As Bitcoin has picked up standard presentation one of the repeating reactions has been its mining calculation, known as Proof of Work (PoW), this secures the system and boosts members.
With the coming of mining pools — frameworks that gathering together the energy of thousands of diggers — the PoW algorithms that safe Bitcoin and “altcoins, for example, as Litecoin and Dogecoin, are available to the 51% attack. This mining-pool issue was not predicted at the start of Bitcoin; it is currently evident that utilizing PoW to secure a cryptographic money arrange empowers the enormous centralization of mining influence.
Reddcoin Price
The self-declare social currency, Reddcoin is one of the several altcoins to experience price rise mid this year. The Reddcoin price rose so far that it has even challenged Dogecoin on the market cap charts. I anticipate the price of Reddcoin to keep on rising in 2018 and beyond making it one of the best cryptocurrency you need to invest your money.
CoinGecko ranks Reddcoin 9th in overall coin health with a 52% rating. The rating indicates that the coin is performing well and its price may shoot anytime. Reddcoin has maintained high CoinGecko ranking for several months, resulting in a positive price trend. My advice to investors is to bet on the future and long-term success of Reddcoin.
How exactly does ReddCoin work?
ReddCoin is a blockchain currency just like the many others on the market today, but what makes ReddCoin stand out is its platform and minting. ReddCoin has a dedicated team and there is already plugins which can be used to tip ReddCoin on multiple social sites like Twitter, Youtube, Facebook, and Reddit instantly with zero transaction fees. This allows users to do more than just like or retweet, but send actual benefit to the other person through micro donations.
What is minting?
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Minting is a new system that allows users with ReddCoin to stake their coins and gain more over time. Traditionally, coins are mined using a massive amount of computing power and energy, but ReddCoin uses an environmentally friendly method called minting. Anyone is able to mint ReddCoin on laptops and smartphones. When a user holds ReddCoin in the wallet, they automatically begin minting their coins and earning more ReddCoin without having to setup a miner and use power. The more ReddCoin a person has in their wallet at a given time, the more minting profit they will receive.
Reddcoin Tipping on Social Networks to Bring Cryptocurrency to the General Public
Social networks are now part of our daily life. They offer everyone in the world a fair chance at demonstrating to the world how awesome and wonderful they are. Getting a million likes for various posts that you post or comments is fun, but unfortunately, it has no real value. Maybe there is something better that needs to be added like ReddCoin.
We all know how cryptocurrency is complicated. We have to face it, the average person has no idea how cryptocurrency work. They would to get involved but usually have no idea where to begin. Reddcoin will fill those vacuums by integrating a smooth cryptocurrency tipping system with all major social networks to make the process of exchanging coins simple, exciting and rewarding both for the receiver and the sender.
The Future Of Reddcoin
Reddcoin is aimed to offer the mechanism to perform micro-donations across different social networks. Looking at its development, their goal is to overcome challenges of developing an innovative to offer a completely decentralized network for various social media.
I really could say Reddcoin is the granddaddy of social cryptocurrency. As far as what I know, I always think of it as the first cryptocurrency that is focused mainly on micro tipping and social platform use. It seems 2018 and the future is gearing up to be the year social networking gets taken over by cryptocurrency and especially Reddcoin. We have seen other Altcoins perform big thing, and soon we will have Reddcoin accomplishing big things on social networks.
Currently, there are a lot of exciting projects geared towards social networking for 2018 and beyond.
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spark-global · 4 years ago
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The election is over, the vaccine may be in this week's hands, gold is on the decline, saved by the Fed?
Spot gold continued its decline in Asian trading on Monday, falling as low as $1,780.7 an ounce as sentiment remained skewed towards riskier assets. Gold fell more than 1 percent on Friday, falling as low as $1,774 an ounce, its lowest level in nearly five months, as optimism grew that the U.S. economy would recover quickly on the back of a vaccine-driven recovery and a smooth White House transition.
The DOLLAR index.DX (91.6394, -0.1402, -0.15%) fell to 91.71 on Monday, its lowest level since April 30, 2018, and fell 0.26 percent on Friday, as good vaccine news and expectations of a smoother transition in a Biden administration boosted risk appetite and prompted investors to buy non-dollar assets. With gold so weak, the Fed's monetary policy could be gold's lifeline.
The day will be followed by the November U.S. PMI in Chicago, German retail sales in October and comments from European Central Bank President Christine Lagarde.
Early vaccination is expected
On November 20, Pfizer formally submitted to FDA an emergency licensing request for the Novel Coronavirus vaccine and said that the company would be ready to distribute the vaccine within hours of the licensing. On November 24th American officials said vaccination would begin in less than three weeks. U.S. President Donald Trump has said deliveries of coVID-19 vaccines could begin as soon as this week, which means vaccination could begin by mid-December. Moncef Slaoui, chief scientific adviser to the US government's Action On Covid-19, said vaccination of groups such as health workers should begin within a day or two of the coVID-19 vaccine's approval next month.
The Nasdaq rose nearly 1 percent to an all-time high on Friday as investors further sold off safe-haven gold, extending losses amid hopes of a future economic recovery as vaccines begin to be administered in the United States.
(Daily chart) (Daily chart) (Daily Gold Spot Chart) Goldman Sachs predicts that by the middle of next year, a large percentage of the population in major developed economies will have received coVID-19 vaccination,
That would drive a "sharp rebound" in global growth
. Economists at Goldman Sachs predict that half of the British public will be vaccinated by March next year, with the US and Canada reaching that rate a month later. The European Union, Japan and Australia will have half of their populations vaccinated by May.
Craig Erlam, analyst at OANDA, said: "As soon as gold broke through the key $1,800 level, it triggered a sell-off. Given that we have strong fundamentals like vaccines,
Gold will probably test the $1,750 level."
Lachlan Shaw, head of commodities at NATIONAL Australia Bank, said: "Gold prices are entering a new phase as advances in vaccine development change the mechanisms by which the epidemic has disrupted the world and created headwinds for economic growth."
A smooth transition in Washington is expected to boost risk sentiment
Last week the General Services Administration gave Biden the green light to begin the transition process, and the White House approved Biden for the Presidential Daily Briefing, marking the beginning of official recognition of Biden's election victory.
US spark global limited Trading platform President Donald Trump said on Thursday he would leave the White House if the Electoral College voted for Democrat Joe Biden. The announcement, the closest Mr Trump has come to conceding defeat, significantly eased fears of political gridlock in the US as investors bet that Mr Biden would repair frayed relations with the rest of the world and that global trade would stabilise, raising risk sentiment and significantly reducing gold's safe-haven role.
"The fact that there has been a smoother transition between President-elect Biden and Trump is one more reason we think the unfolding economic recovery reduces one risk," said Kyle Rodda, analyst at IG Markets. He added that support around $1,800 was breached,
That suggests gold could fall further to about $1,700 before buyers return. Information from:http://www.icolocalbitcoins.com
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meekbet-blog · 7 years ago
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Sportpesa MEGA Jackpot Games Prediction Tips 6th & 7th Jan 2018
Sportpesa MEGA Jackpot Games Prediction Tips 6th & 7th Jan 2018
17 Games MegaJackpot KSH 210,427,864 SportPesa Games -this week sportpesa Mega Jackpot prediction SportPesa Games bonuses DATE AND TIME TEAMS TIPS1 06/01/18,18:00 Leyton Orient vs Boreham Wood 2 2 06/01/18,18:00 Dover vs Aldershot 2 3 06/01/18,18:00 Woking vs Maidstone 2 4 06/01/18,18:00 Gateshead vs Sutton United 2 5…
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brettzjacksonblog · 5 years ago
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2 Genuine Reasons Why Bitcoin Will Hit $20,000 in 2020
Coming into the first quarter of 2020, offbeat asset bitcoin is already proving to be the year’s best investment. The benchmark cryptocurrency’s upside run has returned roughly twenty-fold returns in January. Its rate peaked at over $9,190 on Coinbase exchange on the 19th. In comparison, it was trading at a mere $6,300 on December 18th, 2019. Many in the finance industry believe that the ongoing bitcoin price rally is a farce – a classic speculative bubble that would sooner or later leave investors under sizable losses. That includes a famous economic forecaster, Peter Schiff, who sees no foreign capital entering the bitcoin space. Instead, he believes speculators within the cryptocurrency industry are driving the value upward. Heightened geopolitical risk has resulted in both gold and Bitcoin moving higher, but for different reasons. #Gold is being bought by investors as a safe haven. #Bitcoin is being bought by speculators betting that investors will buy it as a safe haven. — Peter Schiff (@PeterSchiff) January 3, 2020 But then, there is another section that wholeheartedly validates the price rally as organic. They include enthusiasts that treat bitcoin as a long-term investment against inflation and investors who see the cryptocurrency’s growing prominence as “safe-haven” on Wall Street. It is the same trust that has made bitcoin the best performing asset of the last decade with its astonishing 9 million percent rise. Whether speculative or real, the gains have left investors under a spell. Meanwhile, the market is serving more bullish narratives for the year 2020, many of them predicting the bitcoin rate to close above its historical high of $20,000. Let’s look at three reasons that could send the cryptocurrency to a new top. Dominance The first money that comes into the bitcoin market is from the neighboring assets themselves. The failure of many altcoin projects since January 2018 prompted investors to dump them to repurchase bitcoin, leading to a rise in its dominance. The latest scenario shows that traders are too afraid to venture into illiquid altcoins. And those who are already exposed to some are exiting it for long-term trustworthy blockchain projects. Bitcoin, in particular, is likely to grow its control over the cryptocurrency market to 90 percent. As of now, the dominance is near 67.7 percent. Bitcoin dominance over the years | Source: TradingView.com, CoinMarketCap The altcoin market is worth about $71 billion. Even a small shift to bitcoin could propel its price above $20,000. Technical Indicator Flashing “Bullish” The latest upside push in bitcoin has sent the prices testing a crucial technical resistance. On a daily timeframe, the 200-period moving average (200-MA) is holding bitcoin from pursuing a 235 percent bull run, according to its historical behavior, as shown in the chart below. Bitcoin closing above 200-MA could send the prices towards $20K | Source: TradingView.com, Coinbase A successful break above the MA looks more likely to happen as bitcoin’s demand ahead of the May 2020’s halving event grows. It could land the cryptocurrency near the $20,000 level in/by the end of 2020. The post appeared first on NewsBTC. from CryptoCracken SMFeed https://ift.tt/3anJseV via IFTTT
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joshuajacksonlyblog · 5 years ago
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2 Genuine Reasons Why Bitcoin Will Hit $20,000 in 2020
Coming into the first quarter of 2020, offbeat asset bitcoin is already proving to be the year’s best investment. The benchmark cryptocurrency’s upside run has returned roughly twenty-fold returns in January. Its rate peaked at over $9,190 on Coinbase exchange on the 19th. In comparison, it was trading at a mere $6,300 on December 18th, 2019. Many in the finance industry believe that the ongoing bitcoin price rally is a farce – a classic speculative bubble that would sooner or later leave investors under sizable losses. That includes a famous economic forecaster, Peter Schiff, who sees no foreign capital entering the bitcoin space. Instead, he believes speculators within the cryptocurrency industry are driving the value upward. Heightened geopolitical risk has resulted in both gold and Bitcoin moving higher, but for different reasons. #Gold is being bought by investors as a safe haven. #Bitcoin is being bought by speculators betting that investors will buy it as a safe haven. — Peter Schiff (@PeterSchiff) January 3, 2020 But then, there is another section that wholeheartedly validates the price rally as organic. They include enthusiasts that treat bitcoin as a long-term investment against inflation and investors who see the cryptocurrency’s growing prominence as “safe-haven” on Wall Street. It is the same trust that has made bitcoin the best performing asset of the last decade with its astonishing 9 million percent rise. Whether speculative or real, the gains have left investors under a spell. Meanwhile, the market is serving more bullish narratives for the year 2020, many of them predicting the bitcoin rate to close above its historical high of $20,000. Let’s look at three reasons that could send the cryptocurrency to a new top. Dominance The first money that comes into the bitcoin market is from the neighboring assets themselves. The failure of many altcoin projects since January 2018 prompted investors to dump them to repurchase bitcoin, leading to a rise in its dominance. The latest scenario shows that traders are too afraid to venture into illiquid altcoins. And those who are already exposed to some are exiting it for long-term trustworthy blockchain projects. Bitcoin, in particular, is likely to grow its control over the cryptocurrency market to 90 percent. As of now, the dominance is near 67.7 percent. Bitcoin dominance over the years | Source: TradingView.com, CoinMarketCap The altcoin market is worth about $71 billion. Even a small shift to bitcoin could propel its price above $20,000. Technical Indicator Flashing “Bullish” The latest upside push in bitcoin has sent the prices testing a crucial technical resistance. On a daily timeframe, the 200-period moving average (200-MA) is holding bitcoin from pursuing a 235 percent bull run, according to its historical behavior, as shown in the chart below. Bitcoin closing above 200-MA could send the prices towards $20K | Source: TradingView.com, Coinbase A successful break above the MA looks more likely to happen as bitcoin’s demand ahead of the May 2020’s halving event grows. It could land the cryptocurrency near the $20,000 level in/by the end of 2020. The post appeared first on NewsBTC. from Cryptocracken Tumblr https://ift.tt/3anJseV via IFTTT
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michaelbennettcrypto · 5 years ago
Text
2 Genuine Reasons Why Bitcoin Will Hit $20,000 in 2020
Coming into the first quarter of 2020, offbeat asset bitcoin is already proving to be the year’s best investment. The benchmark cryptocurrency’s upside run has returned roughly twenty-fold returns in January. Its rate peaked at over $9,190 on Coinbase exchange on the 19th. In comparison, it was trading at a mere $6,300 on December 18th, 2019. Many in the finance industry believe that the ongoing bitcoin price rally is a farce – a classic speculative bubble that would sooner or later leave investors under sizable losses. That includes a famous economic forecaster, Peter Schiff, who sees no foreign capital entering the bitcoin space. Instead, he believes speculators within the cryptocurrency industry are driving the value upward. Heightened geopolitical risk has resulted in both gold and Bitcoin moving higher, but for different reasons. #Gold is being bought by investors as a safe haven. #Bitcoin is being bought by speculators betting that investors will buy it as a safe haven. — Peter Schiff (@PeterSchiff) January 3, 2020 But then, there is another section that wholeheartedly validates the price rally as organic. They include enthusiasts that treat bitcoin as a long-term investment against inflation and investors who see the cryptocurrency’s growing prominence as “safe-haven” on Wall Street. It is the same trust that has made bitcoin the best performing asset of the last decade with its astonishing 9 million percent rise. Whether speculative or real, the gains have left investors under a spell. Meanwhile, the market is serving more bullish narratives for the year 2020, many of them predicting the bitcoin rate to close above its historical high of $20,000. Let’s look at three reasons that could send the cryptocurrency to a new top. Dominance The first money that comes into the bitcoin market is from the neighboring assets themselves. The failure of many altcoin projects since January 2018 prompted investors to dump them to repurchase bitcoin, leading to a rise in its dominance. The latest scenario shows that traders are too afraid to venture into illiquid altcoins. And those who are already exposed to some are exiting it for long-term trustworthy blockchain projects. Bitcoin, in particular, is likely to grow its control over the cryptocurrency market to 90 percent. As of now, the dominance is near 67.7 percent. Bitcoin dominance over the years | Source: TradingView.com, CoinMarketCap The altcoin market is worth about $71 billion. Even a small shift to bitcoin could propel its price above $20,000. Technical Indicator Flashing “Bullish” The latest upside push in bitcoin has sent the prices testing a crucial technical resistance. On a daily timeframe, the 200-period moving average (200-MA) is holding bitcoin from pursuing a 235 percent bull run, according to its historical behavior, as shown in the chart below. Bitcoin closing above 200-MA could send the prices towards $20K | Source: TradingView.com, Coinbase A successful break above the MA looks more likely to happen as bitcoin’s demand ahead of the May 2020’s halving event grows. It could land the cryptocurrency near the $20,000 level in/by the end of 2020. The post appeared first on NewsBTC. from Cryptocracken WP https://ift.tt/3anJseV via IFTTT
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sleepykittypaws · 5 years ago
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Holiday in the Wild
Original Airdate: November 1, 2019 (Netflix) Where to Watch?: It’s a Netflix original, so it should be available on the service forever
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The first thing that, as a Hallmark/Lifetime movie vet, hits you in the face about Holiday in the Wild is the budget. I’d be willing to bet that the cost of this one film could have paid for about half of Hallmark’s 40 titles, and it’s one of the streamer’s lower-budget films.
Kristin Davis and Rob Lowe, even in his ridiculous Indiana Jones cos-play, are both more than competent actors, but their predictable, and almost-as-chaste-as-Hallmark, love story is really beside the point. The stars are the scenery—this was really filmed in Zambia and South Africa—and the realistic baby elephant puppets. 
Not that there isn't plenty of ridiculousness. When rich NYC housewife Kristin Davis’ husband leaves her, he does so immediately after their son (played by Rob Lowe’s real-life son, John) leaves for college, saying he waited till he left so as not upset him. But the door was literally barely closed. As bad husband gathers his already-packed suitcases (how did Davis not notice those in her immaculate apartment?), he must have met up with his son in the elevator, so quickly was their 20-year marriage dispatched.
And then, two days later, after giving away all of her husband’s bespoke suits to the homeless (which is never mentioned again), she’s off to Africa alone on their "second-honeymoon" safari where she totes roughly $20,000 worth of Louis Vuitton luggage, but we see they had coach seat assignments (“22A and 22B”). Umm, yeah, no way the hedge fund guy with the $20 million dollar Manhattan apartment was sitting in the cheap seats on his way to the luxury safari. C’mon movie!
Also, it’s August, y’all, as they take pains to point out. It’s gonna take a while to get to the holiday part of this movie. (My family didn’t even suss out it was a Christmas movie, despite the title, till about an hour in.)
After a meet-cute that isn’t, Davis quickly ditches her luxury lodge for a tent at an elephant sanctuary, which they conveniently had waiting for her even though she wasn’t supposed to be there, when they find an orphaned baby elephant on the plane ride. (Yes, Rob Lowe is not only a pilot, but also a rescuer of baby elephants.)
Oh and, she’s a vet, non-practicing. Which is mentioned early on, but she never acts like it. I mean, they have no animals. Have you ever met a vet without pets? Also, she quickly says she knows "almost nothing" about elephants. Huh? I mean, I changed my major from pre-vet in undergrad, but even I know that zoology, and the study of large animals, is a rotation you’d have had to complete to get your degree. So, even if you hadn’t worked with them since, you’d still know more than 95% of people.
And then she stays at this elephant sanctuary indefinitely, but they never once ask the rich white lady with luggage that costs more than most people in Zambia would see in a lifetime for a donation to the facility. Nope. Wouldn’t think of it, even though their funding is precarious. 
Eventually, we reach the part where her son (Rob Lowe’s son in real life) comes for Christmas, and it’s very confusing with Lowe talking about "her son," but you know it’s really his, and the audience is left kind of creepily wondering if she’s falling in love with Rob Lowe because of his elephant wrangling and leather hat, or because he looks astonishingly like her own kid.
By the way, if you’ve never seen how John roasts his dad on Instagram, it’s well worth a look, especially as many of the pics he and his brother have ribbed their dad over are from this movie.
Anyway, after Christmas she packs up her LV bags and heads to Manhattan where her 6,000 sq. ft. apartment has just been sitting vacant this whole time, which her completely docile and un-angry (ex) husband had no problems with that all. Though she’s sad when the divorce papers come, there’s no discussion of property division, or money issues—heck she never even hires a lawyer that we see—so I guess Davis was married to the only hedge fund guy in history who didn’t screw over (or try to) his first wife in the divorce. 
And then, in the least surprising turn of events ever, she finally learns, via a FaceTime call, that the sanctuary is in trouble. Hilariously, it’s implied that this happened because Rob Lowe stopped sleeping with the 25-year-old blonde who kept showing up in his tent. Yeah, because  what incredibly gorgeous, yet also conniving, 20-something doesn’t want to kill a bunch of elephants just because she can no longer get any from a guy 30 years her senior? 
By the way, we never even see anyone in this movie do anything but kiss lightly—and then only twice. This evil blonde we see only three times in the year-plus this movie spans, never even brushes Lowe’s hand. As far as we know, their entire relationship is basically her giving dirty looks to Davis when she finds the brunette (fully clothed) in Lowe’s tent, and Lowe then telling Blondie, “whatever this is, isn’t working,” before she dastardly declares if they can’t keep having these 30-second conversations every six months, she’ll murder all the elephants by cutting the foundation’s funding.
Yet, even then, Lowe still doesn’t ask the obviously wealthy lady who loves the sanctuary and lived there for six months for any money. Because his pride, like his penis to the blonde lady, is worth way more than those elephant's lives, apparently. Who works for a charity organization, but is above asking for money? That’s like…the whole point.
So, anyway, as anyone with two brain cells could predict, Davis’ wealthy NYC friends save the sanctuary in a matter of minutes just by writing a couple of checks. Something they likely do on a daily basis without a second thought, before rushing off to buy their fifth Birkin bag, or pick up their toddlers from $75k/year private preschools. I’m kidding…They have their $150k/year nannies do that. What I’m saying is…The stakes here are super low, folks, and the elephants were never in even the slightest danger.
Anyway, after Davis hilariously snail mails the checks to Zambia in a giant envelope with no notice at all (thanks goodness the sanctuary didn’t close while she was waiting for her surprise to arrive), she finally talks to Bargain Basement Indy on the phone and tells him she sold her apartment and is moving to Zambia. We know he loves her because we see he named his plane after her—one of the few nice beats the movie doesn’t really oversell. Anyway, knowing that, he should be more excited about, since that apartment was easily worth $20 million, so she’s basically saying they’re set for life, and then some. 
They get married and live happily ever after, and in case the lingering shots of their wedding in Africa didn’t convince you they made it legal, they actually add in her sending an email to her son—who she earlier saved from dropping out of college with the radical suggestion that he get a music degree—literally spelling out the fact they’re married, lest you think they’re sharing a tent in sin, I guess.
And that’s it, the end, Rob Lowe and the elephants live happily ever after on Davis' massive divorce settlement.
It’s weird that Netflix held this film for a full year—it was filmed in the summer of 2018—when Christmas was so little a part of its plot. Though it was important in that the park rangers who live full time with the elephants seem to only get to see their wives and children at the holidays, so I guess all those kids were conceived during that one week a year they’re all together? I mean, I don’t think it was goat stew that was the aphrodisiac if that’s the only time they’re together…if you know what I mean. (Boom Chicka Wah Wah)
And why was it safe and cool for Kristin Davis to just move right into the camp, but dangerous for the ranger’s families to be there anytime other than Christmas week? 
Still, despite the relative lack of holiday flare—if not for the name and Netflix’s insistence, I’d say this was actually a stealth Christmas movie, not an overt one—I enjoyed my time watching this. I’m an animal lover, and a holiday movie lover and the scenery really was as stunning as Rob Lowe’s outfits were ridiculous.
Final Judgement: 3 Paws Up (Or, 2 paws and a cat costume trunk, for veracity)
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caveartfair · 6 years ago
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Amid Controversy, the Whitney Biennial Plays It Safe
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John Edmonds, The Villain, 2018. Courtesy of the artist; Company, New York; and the Whitney Biennial.
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Lambrequin and Peplum, , 2017. Diane Simpson Whitney Museum of American Art
Maybe it’s not fair to expect an exhibition as popular and overly scrutinized as the Whitney Biennial to take huge risks—especially not after the last edition dissolved into a still-simmering debate over race and identity politics. And yet, there’s something undeniably flat about the 2019 show, co-curated by Jane Panetta and Rujeko Hockley and opening to the public on May 17th.
There isn’t much here to quicken the pulse, with even the politically inflected works coming across as too polite for our current moment. And if one possible function of the biennial is to act as a kind of cross-section of American artistic practice, this exhibition makes some puzzling choices. An alien visitor to the biennial would be forgiven for thinking that most current painting is of the mildly inept, figurative variety, and that found-object assemblage is the way most humans choose to creatively communicate with each other.
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The General,, 2018. Nicole Eisenman Whitney Museum of American Art
But let’s start on a positive note: all the way up on the Whitney’s 6th-floor outdoor patio, lashed by wind and cold rain during Monday’s press preview. Here you’ll find one of the Whitney Biennial’s only true showstoppers, an epic sculpture by Nicole Eisenman called Procession (2019). A parade of migratory humanoids is caught mid-journey, possibly in the process of transporting a series of modernist-looking metal sculptures on plinths.
Every element of this sprawling piece is a delight, from the lovingly sculpted cartoonish genitals to the puffs of steam randomly emitted from unexpected orifices. Procession recalls a heroic journey from millennia past, but idiosyncratic Easter eggs abound: a Kryptonite bike lock here, a pair of New York Giants socks there. The funny, complicated sculpture is comfortable juggling sophomoric fart humor with reflections on power, bondage, servitude, and the pomposity of religion—and art, for that matter. A bumper sticker on the back of the cart reads “How’s My Sculpting? Call 1-800-EAT-SHIT.” Procession’s very placement is a stroke of genius: just outside of the museum proper, as if the procession wasn’t quite able to make it to the halls of culture.
Inside, it’s warmer and drier, but also a little predictable. The ghost of Robert Rauschenberg hangs heavy over work by Eric Mack, Troy Michie, and Tomashi Jackson: photo transfers, quilt-like collages of material, and evocative detritus (other artist’s press releases, political buttons, deconstructed bits of clothing).
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Installation view of Nicole Eisenman, Procession, 2019.
Across the board, there’s too much found-object assemblage. Wangechi Mutu’s Poems by my great grandmother I (2017)—a construction of wood and cow horn and a dangling pencil that rotates, drawing a circle on its metal base—could be a small-scale homage to Bruce Nauman’s Carousel (Stainless steel version)(1988). Robert Bittenbender’s unwieldy wall sculptures, cages stuffed to bursting with metal cords and junk, seem like hyperbolic parodies of the magpie aesthetic. There are interesting things about some of these works—including large-scale sculptures by Joe Minter—but the sheer volume of them gives the impression that contemporary artists are basically collectors and curators of things they have bought or found.
One big exception here are inventive sculptures by Puerto Rican artist Daniel Lind-Ramos, who makes magic with palm tree trunks, beads, coconuts, soil, and other poetic objects. As with the best of Nari Ward, a sense of symmetry and gravity give these sculptures a sense of ritual importance, despite their secular materials.
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Eric N. Mack, (Easter) The Spring / The Holy Ground, 2018. Courtesy of the artist; Morán Morán, Los Angeles; Simon Lee, London; and the Whitney Biennial.
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Sentinel I, 2018. Wangechi Mutu Whitney Museum of American Art
Painting fares the worst of all in the Biennial, which seems to be asserting that the medium isn’t dead, just uninteresting. Kyle Thurman’s figurative depictions of men are a weak stab in the direction of Leon Golub; Eddie Arroyo’s paintings of shabby building facades in the Little Haiti neighborhood of Miami may be conceptually interesting, but they’re imminently forgettable as images. Calvin Marcus’s massive canvases are betting on the fact that size is what matters, even when the subject matter—an Ed Ruscha-esque view through a car windshield; a circle of donkeys; an upside down snowman—seems arbitrary at best.
There are a few bright spots to be found, including Janiva Ellis, a stand-out of the last New Museum Triennial. And Keegan Monaghan’s thickly painted renderings of boring things—a rotary telephone, a bit of wood fencing—have the funky, borderline kitschy feel of Red Grooms. Three works by Marlon Mullen are charming and unexpected—all based on the covers of popular trade magazines like Art in America, abstracted into color, pattern, and the text of marquee names, from Grant Wood to Elizabeth Murray.
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5825 NE 2nd Ave., Miami, FL 33137, 2017. Eddie Arroyo Whitney Museum of American Art
An emphasis on photography at the Biennial enlivens things a bit, including a small room’s worth of work by Paul Mpagi Sepuya and his peers and collaborators—who are often credited with authoring certain images, eliciting a confusion that’s ultimately about how porous and fluid creative communities can be. The on-the-rise John Edmonds gets two side hallways for his sensual, elegant portraits of black men and women posing with African masks and sculptures. Curran Hatleberg, who has the third-floor gallery space essentially to himself, was a welcome discovery for this critic; his evocative, empathetic portraits and landscapes fall somewhere between Alec Soth and Gregory Crewdson.
Other highlights include Meriem Bennani’s series of videos, housed here in a series of offbeat pavilions outdoors on the fifth floor balcony. Like much of her work, the new installation begins with a documentary subject—Moroccan teenagers, caught laughing, hanging out, and complaining about how Instagram won’t verify their accounts—but also detours into comedic special-effects absurdity. We see local architecture in Morocco’s capital city swaying and crooning R&B lyrics like “I’m a sexy house in Rabat.”
In the ground floor lobby gallery, the always incredible Chicago-based artist Diane Simpson has a series of sculptures that could be storefront displays or altars. Their forms, made with painted fiberboard, lurk on the edge of familiarity—is that a coffee grinder, a length of armor, a trio of folding chairs?—but never fully resemble any one thing. Olga Balema’s sculptures, meanwhile, have a somewhat similar approach to DIY abstraction, albeit messier; who knew one could cover so much ground with little more than carved styrofoam and tape? And Brian Belott’s installation of freezer units holding ephemeral frozen sculptures show a similar knack for funky, handmade invention, even if not every visitor was impressed. “Marc Quinn,” a jaded woman next to me said, referring to the British artist famous for making a bust of his head with his own frozen blood. “That’s the problem with ice—it’s been done!”
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Incoming, 2016-2017. Keegan Monaghan Whitney Museum of American Art
If there’s one area where the 2019 Whitney Biennial really stumbles, it’s with the outwardly political. Surely, part of the curatorial conversation must have involved the elephant in the room: Either engage with the oppressive shadow of Trumpism, or treat the show as a respite from the news cycle. This exhibition merely makes half-hearted gestures toward the topical. There’s a goofy series of wall-mounted photo sculptures by Josh Kline, which depict scenes, including the reception desk of Twitter, being slowly covered by rising water. Marcus Fischer presents a reel-to-reel machine playing the recorded thoughts of fellow artists prior to the 2017 inauguration, probing their “fears and reservations about the Trump presidency.” The results are a beat poem (“civil rights…discrimination…polar bears…fracking”) that’s only revelatory if you’ve been sleeping for the past few years.
Alexandra Bell’s biennial contribution is more substantive—annotated articles from the New York Daily News covering the overblown and racist rhetoric surrounding the wrongly accused “Central Park Five.” One piece includes a full-page newspaper ad, written and paid for by one Donald Trump, which calls for a return to the death penalty and no-holds-barred policing. Bell uses a yellow highlighter to isolate especially egregious language, and replaces all the photographs with black boxes. It’s an interesting exercise, but not as compelling as Bell’s better known series, which reworked pages of the New York Times to address racial bias surrounding the killing of Michael Brown. Meanwhile, Kota Ezawa’s film National Anthem (2018)—which animates the artist’s watercolors of NFL players taking a knee—is a political artwork that absolutely no one visiting the Whitney would be likely to be troubled by. It’s as well-meaning as it is toothless.
More successful are a set of drawings by Christine Sun Kim, which remind us that the personal is always political. The artist, who is deaf, weighs in on various sources of her “deaf rage,” experienced in various settings (“while traveling,” or “in the art world”). The quasi-scientific diagrams pinpoint all the many ways in which a differently abled artist can be pushed to the brink. Kim isolates two instances of what she categorizes as merely “cute rage”: “Being offered a wheelchair at the arrival gate…and the braille menu at restaurants.”
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Christine Sun Kim, Degrees of My Deaf Rage in The Art World, 2018. Courtesy of the artist; White Space, Beijing; and the Whitney Biennial.
But there is a single instance of hypertopical critique that hits its target, and hard. The most thrilling and dangerous work in the otherwise tame Biennial comes courtesy of Forensic Architecture. The hard-to-define, multidisciplinary collective chose to call out Whitney board vice chairman and Safariland CEO Warren Kanders for the sources of his wealth—namely tear-gas canisters used against migrants at our southern border, and bullets fired by the Israeli military.
While it’s not mentioned directly in the video, Kanders’s presence on the board has caused a swell of protest in the lead-up to the Whitney Biennial, mainly spearheaded by the collective Decolonize This Place. Fellow biennial artist Michael Rakowitz actually pulled out of the show in solidarity with this movement, but Forensic Architecture has done something more effective: remain, and bite the tear gas-grenade-wielding hand that feeds them. Their film manages a nice balance between the didactic and the poppy, concisely explaining a broader initiative to use machine-learning and artificial intelligence to identify online images of a specific teargas product made by Kanders’s company.
“While my company and the museum have distinct missions,” Kanders was quoted saying in a letter to Whitney staffers, “both are important contributors to our society.” Watch a few minutes of Forensic Architecture’s effective, rapidfire footage and you’ll likely disagree. Kudos to the curators for putting the film, Triple Chaser (2019), in the center of the sixth floor galleries, rather than relegating it to a less prominent corner of the museum. But what does it say about this Whitney Biennial that its most relevant moment is one that seems to call the whole enterprise into question?
from Artsy News
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cryptoquicknews-blog · 6 years ago
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New Post has been published here https://is.gd/OF6MVC
Interview With Crypto ‘Optimist’ Brian Kelly: Bitcoin Is Still 50 Percent Undervalued
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This post was originally published here
This interview has been edited and condensed.
The author of the “The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World,” Brian Kelly calls himself an optimist when it comes to the future of the cryptocurrencies. CNBC’s prominent commentator, who is also the founder and CEO of digital currency investment firm BKCM LLC, analyzes markets on an everyday basis and tends to be 50 percent right “trading-wise.”
We met with Brian Kelly at the Crypto Finance Conference in Switzerland and talked about Bitcoin ETFs, the next financial crisis, and the best and worst jobs at the same time.
Catherine Ross: The most obvious question to you is, what is 2019 going to look like for the crypto industry?
Brian Kelly: That’s a great question! The trillion dollar question. I think it’s going to be better than 2018, which is a pretty low bar.
CR: In terms of what?
BK: As an investor, my number one concern is price. I look at the price and I say that we’ve seen three or four of these kind of boom-and-bust cycles in Bitcoin. If you look at the most recent two or so, we’re following roughly the same path as we’ve had, which means we’re somewhere closer to the end. We might have another dip lower — it wouldn’t surprise me at all.
CR: Lower that $3,000?
BK: Sure.
It wouldn’t surprise me if it [Bitcoin’s price] went to $1,500.
CR: And you feel it’s going to be short term?
BK: I think very short term. And I think we’re coming to an end. Here’s the thing, the sellers that we’ve seen recently are almost forced sellers. Some CEOs had to raise cash because they say they “can’t hold it in crypto all the time.” These are signs of the end. I don’t know if it [the end of the cycle] is here or it’s a little bit lower, but those are the signs of the end.
In 2019, if I’m looking at it, the focus will be on the currency — Bitcoin, Litecoin, some of those — because we have quite a bit of geopolitical tension in the world.
CR: And you feel it is contributing to the price?
BK: Yes. We’re starting to see some global macro players use Bitcoin as an alternative to their gold position or as a way to hedge against fiat currency fluctuations and volatility.
CR: Using Bitcoin instead of gold?
BK: Yeah.
CR: But is it stable enough?
BK: No (laughs).
But they’re not looking for stability, right? They’re looking for a safe haven that’s uncorrelated to every other asset. So, for an investor and a speculator, the stability is actually not what you want.
You want that volatility because you’re trying to get good returns. You’re trying to get something that’s uncorrelated to everything else. And that persists through 2019, and it starts to get to be more of a quote-unquote mainstream asset within the investment community.
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One of the most anticipated events in the crypto industry is the approval of a Bitcoin ETF, which hasn’t happened yet, despite the numerous attempts. Last year alone, companies and institutions like the NYSE, VanEck, SolidX, Proshares and internet entrepreneurs the Winklevoss brothers (whose first attempt in 2017 failed) all filed with the United States Securities and Exchange Commision (SEC), but were rejected or are awaiting a decision.
The most recent development on the matter is the SEC’s review of a NYSE Arca’s Bitcoin ETF rule change proposal on Feb. 11. The proposal suggests “to list and trade shares of the Bitwise Bitcoin ETF Trust under NYSE Arca Rule 8.201-E.” This might end up being positive for the market, given the latest statement from SEC Commissioner Robert J. Jackson Jr. Speaking to Washington D.C.-based publication Roll Call on Feb. 6, he said, “Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so.”
CR: One more very important question for you — will there be an ETF in 2019?
BK: No shot.
CR: I’m going to put that in the headline! “No shot for an ETF in 2019,” says Brian Kelly.
BK: That’s fine! I would bet against it. I don’t think it’s going to happen this year. There’s too much unresolved that is going to take longer than a year to resolve and before the SEC gets comfortable with what’s going on.
CR: What kind of time frame are we talking about?
BK: I think 2020 is a very good shot.
CR: Sounds promising! But major companies, like ShapeShift and Consensys had to lay off a lot of employees recently. What does this indicate?
BK: This is a part of the maturation process. We all got caught up in the big bubble. That being said, this is just a very natural part of the process. There are, unfortunately, some very good people that had to be laid off just because of market circumstances.
It doesn’t feel great right now, but it will make the industry stronger.
CR: From the trading point of view, what are the major signs or indicators of bullish and bearish markets?
BK: You look at the bottoms and the tops.
I can remember in November and December — and even frankly in January, a year ago — I was getting phone calls daily like “How can I get into your fund?” “I need to get into that.” And we [at BKCM LLC] do a monthly entry and it’s not something that you get into every day.
That was happening at the peak. At the bottom, the phone does not ring. It’s the exact opposite. The euphoria that we saw last year is a mirror image of the pessimism we’re seeing now. And so, what you want to look for at bottoms are extreme pessimism.
CR: Are you’re talking about technical analysis?
BK: Sentiment, really.
CR: And what about fundamental analysis? How does it look for the crypto industry?
BK: It’s interesting! We have a proprietary model that gives the fair value for people.
Right now Bitcoin is about 50 percent undervalued.
So, you could have a significant upside. That being said, we’ve seen that a couple of times in the last year. We saw that in April of 2018 — a huge run in Bitcoin.
And that’s what I’m talking about sentiment. So, the sentiment in the market has pushed the price of Bitcoin well below what you would consider a fair value — or at least, what I would consider fair. And that’s another sign that we’re near a bottom.
CR: How does analyzing crypto markets differ from analyzing traditional financial markets?
BK: Sentiment wise, no difference. Human beings are human beings. Fear and greed, booms and busts. In terms of how people trade markets, how people react to price movements — also no difference.
But on the fundamental side, there is a very big difference. It’s probably closer to foreign currency analysis, where you analyze supply and demand, and what’s going to affect the supply and demand factors.
In the traditional currency world, supply and demand might be impacted by central banks. In the crypto world, the supply-demand being impacted by the miner-supply versus the investor-demand at this point in time. So, it’s a little different.
There’s a big learning curve to getting into analyzing cryptocurrencies. It’s not like if you were analyzing airlines or the auto industry and you could immediately jump over and apply the same tools — these are very different tools.
CR: And how did you start in the financial world?
BK: I started as one of those annoying cold callers back in the 1990s. And I’d describe it as the best job on the worst job I’ve ever had in my life.
CR: Can you elaborate?
BK: It was the worst job because every day I would come into the office. I worked at Lehman Brothers [Eds: Lehman Brothers was the fourth-largest investment bank and global financial services firm in the United States. In September 2008, it filed for bankruptcy, which, many believed, started a global economic crisis]. They would hand me a stack of 700 phone numbers — I was supposed to dial two phones at once. My only job was — I wasn’t allowed to pick stocks or anything like that — to connect the person on the other end with the broker.
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I did that all day long as a summer internship, and then I did it a little bit after I graduated. But despite it being mind-numbingly boring, it taught me a lot about sales and human interaction. It didn’t teach me too much about the stock market. But it did give me a really good foundation in how people think about the stock market and investing. That’s where I started.
Then, I was an equity sales trader. Then, I started a company called MKM Partners, which is an institutional broker dealer. After that, I started a global macro fund, trading foreign currency — and that got me into the Bitcoin world.
CR: How many times were you right in your analysis or predictions?
BK: Generally speaking, if I’m right slightly more than 50 percent of the time, I consider that good. On a longer-term basis, trading-wise, I’m generally right about 60 percent of the time — there’s some good periods and some bad periods. But it’s important for people to understand that…
It doesn’t matter how many times you’re right and how many times you’re wrong; it matters how much you make when you’re right and how much you lose when you’re wrong.
You have to have that ratio right. You could be right only 30 percent of the time and still make a lot of money as long as you make three times more on your right predictions as you do on your losses.
CR: You’ve mentioned that you started at Lehman Brothers. Can I ask you how many years ago it was?
BK: In 1991 — 28 years ago. Long time!
CR: So, 17 years before the 2008 financial crisis, right? Did you see any signs of it coming?
BK: I wish I could say I saw that. I knew something was wrong, but I can’t say that I predicted that.
CR: Have you seen any indicators of the real estate bubble [Eds: the housing and credit bubble most analysts call the reason for the 2008 financial crisis] back then?
BK: Without question — the real estate looked like a bubble! Not too dissimilar from what we saw with the crypto ICOs bubble. So yes, you could see the signs of trouble. The problem with seeing them is that it’s very hard to predict when they’re going to end.
CR: And the real consequences, probably.
BK: Yeah, the real cost. For me, in 2007, when Bear Stearns [Eds: the now defunct New York-based investment bank, securities trading and brokerage firm] got bailed out by the Federal Reserve, that was the first signal for me that something was very, very wrong.
CR: Is it at all possible to predict the next financial crisis? There are a lot of headlines about the looming recession and upcoming financial crisis. Should we prepare ourselves for the worst?
BK: I can almost guarantee you we’ll head to another recession. There’s never been a period of time where we don’t have a recession — it’s just the business cycle. You know the Federal Reserve sometimes thinks that they can short-circuit the business cycle. But eventually, you will have another recession.
CR: It’s just the way the market works, right?
BK: Yes, but this one is going be a little different than the other ones we’ve had.
CR: How so?
Because what we’ve done lately is taken all the risk off of the private balance sheets and put them onto the government balance sheets. And so that’s a very different scenario. And that’s very positive for crypto. If you think about what backs a fiat currency — [it’s the] full faith and credit of the government.
If the government debts are to a point where they can’t pay it, then the credit of the government is in question. You may want to look for an alternative type of currency.
And so I don’t know when we’re going to have that [recession] — in 2016, I thought that was going to be the beginning of it.
CR: Do you see the signs of the start of the recession right now?
BK: There are some signs.
CR: Not major, I assume?
BK: There are some signs — but no, not major. My hesitation is that I still think the Federal Reserve has some leverage to pull, before we go into a full-blown recession. So, I think there’s still time — and I don’t know if it’s going to be a year or three years — where the Federal Reserve will be trying a bunch of things to make sure we don’t go into recession, and that could prolong this period.
CR: And it really does look positive for the crypto industry!
BK: Absolutely! I mean, you know, call me an optimist, but this looks very positive.
Even though there are signs of the bottom — when everybody says it’s going away — that’s what I love to hear.
If everybody agrees that crypto is going away — that’s the time I want to buy.
I don’t think crypto is going away. In fact, I see it becoming much more of a mainstream asset. I think the next two years could see Bitcoin — and I what I would call the other currencies, probably five or six of kind of “pure currencies” — I think you could see those play a major role in investors portfolio over the next two years.
Cointelegraph editorial team thanks Brian Kelly and the Crypto Finance Conference  for the interview.
#crypto #cryptocurrency #btc #xrp #litecoin #altcoin #money #currency #finance #news #alts #hodl #coindesk #cointelegraph #dollar #bitcoin View the website
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psychic-readingonline · 6 years ago
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Astrology Map App
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bitsevenrussia-blog · 6 years ago
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The Case for a 2020 Bitcoin Bull Run/ биткойн-обмен,торговля биткойн маржи,bitseven,биткойн-обмен,Обмен криптовалютами,Валютная маржа
Since the end of 2018, price action has been demonstrably negative, which surprised many expecting the end of Q4 historical “pump” in prices. The price plummet appears largely driven by negative sentiment and swathes of selling pressure after the 2018 support level of $6,000 finally broke (dashed black line). This selling pressure kept prices well into the oversold range (using RSI and SWTO) for several weeks. Only recently, has price begun to rebound. Even so, RSI and SWTO are still trending downward (black arrows), which may point to further price weakness at the beginning of Q1 2019 while bitcoin searches for a sustainable bottom. Volatility ≠ Price Growth As mentioned prior, many market commentators and participants assumed, incorrectly, that Q4 was always a strong period for market price growth, specifically from mid-November to the end of December. However, what many viewed as historically consistent price growth during this period, was in fact historically consistent volatility growth. The graphic below shows historical daily volatility trends of bitcoin on a yearly basis since 2013. Thus, the supposition that many bulls were wrongly betting on was that higher volatility always equates to higher prices. As the volatility chart illustrates, the volatility trends of BTC, since 2013, do follow predictable patterns, culminating in higher volatility during Q4. This dynamic unfolded again in 2018 as price volatility compressed from October to mid-November (black lines), which typically precedes a breakout in price action. However, this time, volatility broke out to the downside for bitcoin. After analyzing the overall trend in 2018 (demonstrably bearish), price volatility compression, historical volatility patterns, and fundamental indicators, it should have been more clear to market participants that the probability of a negative price breakout was far higher than to the upside. Fundamental Indicators Fundamental indicators can be quite useful for ascertaining a “narrative” of price movements and patterns, as long as the narrative is rooted in non-subjective data exploration. However, given the small sample size of bitcoin market cycles (n=10), each indicators output and predictive ability should be taken with a “grain of salt”. Nic Carter from Castle Island Ventures / CoinMetrics and Antoine Le Calvez from Blockchain.info recently pioneered a new concept called realized cap (capitalization). The differentiation between realized cap and market cap being “instead of counting all of the mined coins at equal, current price, the UTXOs are aggregated and assigned a price based on the BTC/USD market price at the time when said UTXOs last moved.” David Puell and Murad Mahmudov do an excellent job explaining these terms and significance further in their article. Using data from CoinMetrics, the significance of realized cap compared to market cap can be visualized quite dramatically, albeit via a small sample size. The crossover points between market cap and realized cap can be viewed almost similar to golden crosses, whereby market cap breaching above realized cap is a re-ignition of a bull cycle, while a cross beneath may indicate the final stretch of a bear cycle. Beyond the aforementioned, this comparison offers lessons which may bear out or “repeat” in 2019. Looking at the graphic, market cap went beneath realized cap on December 28, 2014, and stayed beneath realized cap until October 28, 2015, which coincides with the data-validated, high volatility period for bitcoin. In this case, volatility coincided with price growth for bitcoin and kicked off the start of an amazing two-year bull run for bitcoin. This time around, market cap fell beneath realized cap on November 20, 2018. So, if history repeats itself (which is a tepid assertion), an investor might expect further price declines in 2019 followed by sideways trading, until a reignition of a new bull cycle at the end of Q4 2019 (November to December 2019). Additionally, using realized cap, an additional ratio or oscillator can be created that further explains bitcoin’s market cycles, market cap to realized cap (MVRM). The MVRM provides a useful indicator that visualizes the above dynamic via one ratio. For example, historically, a value beneath 1.0 is undervalued while a value above 3.0 is overvalued; and above 4.0 is a negative inflection for prices. Currently, MVRM is 0.82 and the all-time low is 0.56. So, despite bitcoin being in undervalued territory, MVRM still possibly has further room to fall, which is consistent with the end of Q4 2019 narrative. Further support of the significance of MVRM for price movements can be seen by the correlation between price and MVRM of 0.19, and correlation between price and MVRM of 0.98, which is extraordinarily high. Network transaction volume to active addresses ratio (TAAR) This ratio acts as an “equilibrium” gauge of bitcoin’s price to fundamentals valuation, where transaction volume and active addresses both represent “quantity and quality” growth of the bitcoin network; validated by 0.15 and 0.07 correlation between price, respectively. For example, when TAAR and price are closely distributed, price (valuation) and fundamentals are aligned in equilibrium; and when either TAAR or price deviate substantially from each other, price is out of equilibrium which has historically resulted in price devaluation (albeit small sample size). The market’s recent selloff has helped reduce the gap between price and TAAR, which has persisted since Q4 2017. The 30 day moving average of TAAR is ~$2500 while TAAR daily is ~$2000, thus an “equilibrium” range for price appears between $2,000 and $3,000. *Note: prices seldom mean revert directly to their equilibrium level, they typically over-correct, which makes further price depreciation beyond the stated levels possible. Additionally, as can be seen on the logarithmic chart, price has bounced off TAAR’s 30-day MA twice in 2018 (black boxes), and has most recently rebounded momentarily. The final price flush before finding a stable bottom will likely coincide with price falling beneath the TAAR 30 day MA, price recovering that level, and then TAAR beginning to trend upward once more. Similar to MVRM, the TAAR to price ratio is an oscillator that visualizes the same dynamic via one ratio. Historically, a ratio of 1.5 and above is undervalued, 1.0 to 2.0 is “safe”, and beneath 1.0 (“equilibrium”) is overvalued. Currently, the oscillator is ~0.70 which still indicates overvaluation, but the overall trend back towards 1.0 is positive. Conclusion While the recent price action for bitcoin has been harshly negative, these market clearing events have begun the normalization process for bitcoin’s price valuation, which can be seen in several indicators. Per the MVRM analysis above, if history repeats itself, price will likely fall further, then trade sideways until the end of Q4, then reignite a new bull market. An additional verification of this narrative will be if the TAAR to price oscillator enters undervalued territory above 1.50 in 2019, especially, prior to Q4 - bitseven.com.
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vanessawestwcrtr5 · 6 years ago
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Bitcoin ‘Died’ 90 Times In 2018
Bitcoin ‘Died’ 90 Times In 2018
The rumors of bitcoin’s death are greatly exaggerated, according to the stunning number of obituaries it racked up during a dismal crypto bear market.
The original cryptocurrency has died 90 times in 2018, according to 99 Bitcoins. That’s slightly less than the 125 times it died in 2017.
Despite detractors’ eagerness to bury it once and for all, bitcoin’s media profile has never been higher. So even as its price cratered, Google searches for bitcoin have rocketed to record highs.
Google Searches For Bitcoin Soared
As CCN reported, Google searches for “bitcoin” recently topped online searches for President Donald Trump. That’s staggering when you consider that Trump is the center of most news coverage on any given day.
Using this metric, it’s safe to say that bitcoin and the cryptocurrency industry have entered the mainstream consciousness.
A year ago, bitcoin and the crypto market were fringe topics that were mostly a curiosity to readers of financial news. Today, mainstream business outlets cover bitcoin’s daily price fluctuations and the emerging blockchain industry on a daily basis.
(CCN meme/Pixabay photo)
Here’s a flashback to some of the more memorable, recent proclamations that “bitcoin is dead.”
Atulya Sarin, a finance professor at Santa Clara University, insists that bitcoin will never supplant gold as a store of value, so bitcoiners should just give it up already.
It appears bitcoin is now entering a death spiral…bitcoin will quickly go to zero.
‘Worthless’ Bitcoin Has Entered Death Spiral: Finance Professor https://t.co/wBTE0Wai9n
— CCN (@CryptoCoinsNews) December 3, 2018
“I see bitcoin as a dead man walking,” said Peter Mallouk, the president of Creative Planning, a Kansas investment firm.
The recent precipitous drop may be the beginning of its inevitable and inexorable death spiral.
Mallouk said future generations will read about bitcoin in finance textbooks as a cautionary tale about the dangers of delusional zealots “desperate to make a silk purse out of a sow’s ear.”
Bitcoin is a ‘Dead Man Walking’, Claims Creative Planning CIO https://t.co/iDSHOZJQck
— CCN (@CryptoCoinsNews) December 8, 2018
Environmentalists — who claim crypto mining is an existential threat to humankind — are breathlessly celebrating the bear market, saying it’s a sure sign that bitcoin is “will soon be no more.”
Anti-Crypto Environmentalists Gleeful that Bitcoin is ‘Becoming Worthless’ https://t.co/78L4Qi9VkZ
— CCN (@CryptoCoinsNews) December 12, 2018
Teen crypto millionaire Erik Finman said “bitcoin is dead” because it’s “too fragmented” and there’s too much infighting within the ecosystem.
“It may have a bull market or two left in it, but long-term, it’s dead,” Finman predicted.
Teenage Crypto Millionaire Erik Finman Says Bitcoin is Pretty Much Dead, Offers Hope for Bitcoin Cash https://t.co/VU1T8sItIH
— CCN (@CryptoCoinsNews) December 17, 2018
Crypto entrepreneur Calvin Ayre — an advocate of Bitcoin Cash Satoshi Vision (SV) — predicts that the bitcoin price will plunge to zero in 2019 because it’s worthless.
It has no utility. It does not do anything.
Ironically, Ayre claims that the original bitcoin is an impostor and that Bitcoin SV is the “real bitcoin.”
Bitcoin Price Will Crash to Zero Says Bitcoin Cash Founder Calvin Ayre https://t.co/34ZrOZVJhu
— CCN (@CryptoCoinsNews) December 17, 2018
Despite these noisy protestations, bitcoin is still alive and kicking. Moreover, even its harshest critics have heaped praise on blockchain, the revolutionary technology underpinning crypto.
As 2018 draws to a close, many industry insiders are optimistic and confident that 2019 will be a blockbuster year of unprecedented expansion fueled by a surge in institutional investments.
Winklevoss: ‘Failure of Imagination’ Blinds Haters
Early bitcoiners like the Winklevoss twins, Tyler and Cameron, are unfazed by the current market slump and are betting big on the long-term future of crypto.
As for bitcoin skeptics who can’t see its potential, Tyler Winklevoss said they merely suffer from an epic “failure of imagination.”
Happy holidays from CCN!
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On the 12th day of REKT-mas, my cryptos gave to me
12 markets crashing 11 feds indicting 10 hacked smart contracts 9 forks of Bitcoin 8 lambo repos 7 bankrupt miners 6 useless tokens 5 exit scams
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4 exchange hacks 3 rage quits 2 margin calls
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and a Bitcoin o-bit-u-a-ry
— Clark Moody (@clarkmoody) December 4, 2018
Featured image from Shutterstock.
Get Exclusive Crypto Analysis by Professional Traders and Investors on Hacked.com. Sign up now and get the first month for free. Click here. Advertisement
Original Source http://bit.ly/2SmXZ0Q
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meekbet-blog · 7 years ago
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Over 2.5 Goals Football Predictions Tips Odds Kenya Jan 02 2018
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brettzjacksonblog · 5 years ago
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Analyst: Bitcoin Bearish Candle Could Spell More Losses
The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues.
From an intraday high of $7,950, Bitcoin has tumbled back below $7,600 as the Asian trading session gets under way this Monday morning. A slight recovery has taken BTC back to $7,680 but it is still down 3 percent on the day.
Bitcoin Drops 10 Percent on The Week
The weekly view has also shown a steady decline from $8,600 this time last Monday to current levels. This is a ten percent drop in the week and the largest red candle closed since the big dump in December last year.
Trader ‘CryptoFibonacci’ has noticed the candle predicting further declines for BTC;
“Hate to keep harping on it, but this is important. That candle pattern is a reversal pattern and must be respected,” before adding in a later tweet after it closed … “$BTC Weekly chart update. Do NOT like this candle pattern at ALL!! But, it is necessary after such a huge runup. Retraces coming. Stay safe!!”
$BTC Weekly chart update.
Do NOT like this candle pattern at ALL!!
But, it is necessary after such a huge runup. Retraces coming. Stay safe!!#BTC pic.twitter.com/6aOUE0JPJo
— CryptoFibonacci (@CryptoFib) June 10, 2019
Many have eyed the $6,800 level for the next move as this is where the Fibonacci levels line up and moving average sits. For the daily picture the $7,400 appears to be the next support zone in what appears to be the ‘right shoulder’ of the chart pattern;
“Heading, no pun intended, into the right shoulder of the Head and Shoulders pattern should happen soon. After that, all bets are off. Could still take a week or so to develop. Expecting choppy higher prices this week. Proceed with caution.”
$BTC Daily Chart.
Heading, no pun intended, into the right shoulder of the Head and Shoulders pattern should happen soon. After that, all bets are off. Could still take a week or so to develop. Expecting choppy higher prices this week. Proceed with caution.#BTC pic.twitter.com/9Z7lZoRhtP
— CryptoFibonacci (@CryptoFib) June 10, 2019
Parabolic Trend Line Broken
Other traders such as ‘Crypto₿irb’ have echoed the sentiment with their analysis showing that Bitcoin has now broken below the medium term parabolic trend line. The daily chart is looking increasingly weaker as Bitcoin failed to retest $8,000. This has been a key level for the bulls and failure to close above it has inevitably led to further downsides.
the only short invalidation is HH above 9.2k or bullish weekly momentum cross; anything below is bearish for $btc MTF (5.2-5.6k) scaled out earlier, booked decent profits from scalping sessions in Nest too many redflags to keep good money on table will scale in if signaled pic.twitter.com/vWPE0po24A
— Crypto₿irb (@crypto_birb) June 8, 2019
For the best part of last week Bitcoin remained consolidating around $7,800 with several dips down to support at $7,450. It is now going through another one of those dips trading at the lower end of that range.
As a result, total crypto market capitalization has also declined by $10 billion or so over the past 24 hours. As usual, Bitcoin’s retreat will cause major pain for the majority of the altcoins which are currently going deeper into the red.
Image from Shutterstock
The post Analyst: Bitcoin Bearish Candle Could Spell More Losses appeared first on NewsBTC.
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