Coin Sheet - July 3, 2017

◤WHAT PEOPLE ARE TALKING ABOUT

In Chikun News: Litecoin is giving this bear trend a run for its money. No one really knows why Litecoin jumped nearly 20%. It could be people converting their Bitcoin due to uncertainty. It could be due to Charlie Lee doing things on his trip to China and various upcoming development updates. Or it could be due to the alignment of stars and the retrogradation of Mercury.

In Adoption: Bitwage officially launches UK Bitcoin payroll services.

Regulation Station: Delaware has passed amendments to state law that make explicit the right to trade stocks on a blockchain (for the international folks, Delaware is a US State, not some hardware ICO).

Do you like big numbers? Click here and check how much the Tezos ICO has raised so far.

In other news, Classic Ether Wallet was wrecked by a social engineering hack. User's are reporting losing thousands.

Oh, we also hit the cover of this little magazine

◤THINGS I LIKE

Nick Johnson's proposal for a new token sale smart contract.

◤MARKET SENTIMENT

A few people asked me how I come up with the market sentiment. I answered @notsofast on Twitter so I thought it would be helpful to share this with you too.

  1. I look at TA trends (volume, MACD, RSI, chart patterns, pivot points, highs/lows)

  2. I check Twitter, Slack, Discord, Reddit, news sites, and blogs for crowd sentiment.

  3. I ask the question, how easy is for the market to go down and compare it to how difficult it is for the market to go up.

  4. Lastly I use my overall gut feeling (which is super subjective).

◤QUOTE OF THE DAY

The four most dangerous words in investing are: ‘this time it’s different.
— Sir John Templeton

◤IF YOU LIKE THIS YOU CAN

I appreciate everyone's support and feedback. Much love.