Vlog 240: Weiss cryptocurrency report #7 + Red Markets + Powerdown Statistics.
The Weiss report comes out on Thursday now. So everything moved up 1 day.
Weiss cryptocurrency report #6
Bitcoin, Cardano, EOS, Ethereum, NEO, ripple, STEEM = B's
No A's this week.
Some lines of hope from the report:
Don’t be surprised if the crypto market price benchmark (Bitcoin) drifts downward a bit more into late March.
Also, don’t be surprised if it goes nowhere for a few more weeks beyond that.
It’s an accumulation period. A good time for stronger hands to come into the market as weaker hands leave.
Powerdown Statistics
Just like last week, the numbers look great.
180,000 less liquid STEEM on the market.
262,000 STEEM newly created.
442,000 STEEM Powered up.
9-3-2018
3-3-2018
25-2-2018
17-2-2018
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
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can i get some help with this ?
What kinda help you want?
sometimes it's hard to understand the markets.
Good to see STEEM is hanging in there at a B. Interesting to see Bitcoin there all of the sudden. Maybe the started using daily volume as an important metric. Thanks for the update!
@exyle thinking so informative you are while others are asking about crypto.S.. status.
Your share opinion is helpful. Waiting to read y.. again.I voted you.
Sell, sell, sell, sell, sell, then buy steem back at $1
The blockchain is really improving with the nice powerdown statics.
That's just the interesting fact of it, when the market since to be a bit red some hands become weaker and drop out to the stronger one.
It's nice hearing from you this morning.
I like your expression about the weaker vs. the stronger hands doing 😊
Red Sparrow is nothing. Red Markets is the true thriller.
Yep 👍🏼 it’s the sale sign 😀
You said it, man!
✅
Hard to argue with that one!
Thank You Mark for the Update on the Weiss Report. @exyle were getting closer and closer to some GREAT Buy Points on Crypto's that I am sure you and I have been watching with our FIAT on the Sidelines currently. Wise Purchases will be well rewarded this year..................
Hope so. Any news about coming SMT?
That's interesting, that you won't buy Steem until it goes below a dollar! I was looking to buy yesterday but I am having trouble authenticating my coinbase account so am having to find another way to go.
Just my luck, I'm going to get my biggest ever payout during the drop. Was so excited to get an upvote of >$1 and now I won't see the result of that. 😢
Got to keep on blogging but it is harder knowing the returns are going to go even lower.
That's because I feel like I have enough already. So it's different for everyone. I still buy STEEM with SBD from time to time though. Markets can also change so keep up with the blogging!
Ah. I see. That makes sense. I wonder at what point I will feel I have enough? I'm just beginning the crypto journey so don't have any hard targets yet. My main goal on Steemit is to get to 500 SP.
At that point I will reasses and see if I want more Steem! 😊
Hope you feel a bit more energetic as the day progresses. 😁
Every time it drops 15-20% I buy more Steem Power.
😎
a channel with the bears and bulls being a bit stuck at the moment, as we have had a massive correction I would be surprised to see it fall much further with a price breakout looking highly likely this month as the bottom has not come close to being retested... closer to some GREAT Buy Points on Crypto's that I am sure you and I have been watching with our FIAT on the Sidelines currently.thank you for your good knowledge creativity and beautifull new information..very well done sir.. @exyle
Fingers crossed 🤞
Greed made me miss the bottom many times earlier coz I was waiting for more bottom .. so I think I will start buy in increasing increments !
Interesting market at the moment it is certainly trading in a channel with the bears and bulls being a bit stuck at the moment, as we have had a massive correction I would be surprised to see it fall much further with a price breakout looking highly likely this month as the bottom has not come close to being retested, with the fundamentals still being strong with the dip being explained by the recent mtgox sell off.
https://cointelegraph.com/news/bitcoin-price-hit-2018-lows-because-of-400-mln-mtgox-sell-off-reports
If this happens then it has played perfectly into your hands as you have some fiat you want to use in buying some more crypto in one of your recent posts.
I was hoping to invest some fiat in btc as well but i will wait a lil longer to see if it drops further.
Thanks for sharing this info.
that's true. I'm just waiting for now.