The Daily Dood - Tuesday, 2 - 27 -18

in #bitcoin8 years ago

The Daily Dood for 2- 27 -18

Today's bitcoin low was about $10, 966 USD on BitFinex


Today's bitcoin high is $10,966 . If previous resistance turns to support we should see support around $10,600 and the next level of resistance should be around $11,300 USD.

Bitcoins daily market cap was over $185,000,000,000. Market is beginning to show signs of bullishness.
bitfinex-btcusd-Feb-27-2018-24-31-29.png

Market cap for all cryptocurrencies was over $465,000,000,000 and bitcoin dominance is currently about 39.79% and rising.

The Days Headlines

Swedish-Born Theodor Forselius Hopes To Replace Wikipedia With Crypto Alternative https://www.newsbtc.com/2018/02/27/swedish-born-theodor-forselius-hopes-his-crypto-twisted-everipedia-will-replace-wikipedia/

Steve Wozniak ‘Loses 7 BTC’ In Unlikely Credit Card Fraud https://cointelegraph.com/news/steve-wozniak-loses-7-btc-in-unlikely-credit-card-fraud

What Is Factom? https://themerkle.com/what-is-factom/

Israeli Supreme Court Rules for Bitcoin Broker in Bank Dispute http://bit.ly/2EV7IJ3

A New Smartphone Aims to Keep Your Crypto Safe http://bitcoinist.com/new-smartphone-aims-keep-crypto-safe/

Blockchain Payment Services Potential: Taiwanese Central Bank @EtherWorldNews https://ethereumworldnews.com/blockchain-payment-services-potential-taiwanese-central-bank/

This Loophole In Laws Can Help Bitcoin Investors Thousands In Tax https://btcmanager.com/loophole-laws-can-help-bitcoin-investors-thousands-tax/

Rapper 50 Cent Denies He Is Bitcoin Millionaire At Bankruptcy Court https://cointelegraph.com/news/rapper-50-cent-denies-he-is-bitcoin-millionaire-at-bankruptcy-court

Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, Zcash and Dash https://news.bitcoin.com/europol-hardcore-criminals-shifting-bitcoin-monero-zcash-dash/

Nano Price Continues to Rise With 30% Gains https://www.ccn.com/nano-price-continues-rise-30-gains/

Youtube, Podcasts, & Other Media

Tweet of The Day

Pero gnupero February 24, 2018

STEEMIT

There could be 200 Bitcoin billionaires around the world — Via @ngalekat Steemit https://steemit.com/cryptocurrency/@ngalekat/qngzt-there-could-be-200-bitcoin-billionaires-around-the-world

Links

Binance now trading Steem! Great exchange, with a great selection of coins, high trade volume, and fantastic UI. If you're not already trading there, you might want to check it out. https://www.binance.com/?ref=11560333

How To Become A Blockchain Developer: Crash Course!
https://blockgeeks.com/guides/blockchain-developer/

H.R.3708 - To amend the Internal Revenue Code of 1986 to exclude from gross income de minimis gains from certain sales or exchanges of virtual currency, and for other purposes.
https://www.congress.gov/bill/115th-congress/house-bill/3708

Music and cryptocurrency commentary http://radiocrypto.com/

So many people ask me about TA or technical analysis and where to start. Tone Vays just put together a real great educational page covering the basics of TA. http://www.libertylifetrail.com/education/learntrading/

The End

The Daily Dood is a review of my daily Twitter feed and some of the interesting articles I find here on Steemit. If you're on Twitter hope you decide to join me here:

https://twitter.com/BitcoinDood

That's it for todays edition of The Daily Dood. If you found the information in this post useful I hope you decide to follow for the daily headlines and events happening in the altcoin & cryptocurrency space. Nothing here is meant as investment or financial advice. Please seek a duly licensed professional for investment advice, not some guy on the internets who refers to himself as The Dood. Thanks for reading and happy trading!

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Intermediaries are always getting the bigger piece of the pie.

Dood, this 50 cent scandal... I was under the impression he owned Bitcoin but he used one of those apps that immediately converts the BTC to USD for. They're making a fortune on people who don't know how to handle crypto. We need more crypto education for the general audience.

Thanks for the digest. Always informative.

Because of bitcoin volatility a lot of business people like having their btc payments immediately converted to USD. Hodling is nice when the price goes up, but selling a product in the morning, and by end of the day taking a 10% to 20% haircut when the price of bitcoin drops isn't very appealing to most business owners. For this reason companies like BitPay thrive. I agree though, people should learn all they can about cryptocurrency especially if they're accepting it for payment. Thanks for reading and commenting

Thanks Dood, always a chill & informative read.

Happy you're enjoying it. Thanks for reading.

gnupero Pero tweeted @ 24 Feb 2018 - 18:06 UTC

https://t.co/gCeVyPckzs

Disclaimer: I am just a bot trying to be helpful.

Well, if you ask me where will be next resistance?
I would go for about 12,000.

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