Coin Sheet - August 4, 2017

◤QUOTE OF THE DAY


Never give in except to convictions of honor and good sense.
— Winston Churchill

◤COIN BULLETIN

Easy Come, Easy Go

Seems like what most people have been saying would come true, came true. Bitcoin Cash took an arrow to the knee. Hopefully you didn't lose a lot of money.

On the other hand, Bitcoin experienced a nice little surge in price and is currently sitting around the ~$2850 mark. This was most likely due to the drop experienced by Bitcoin Cash.

Coinbase

Coinbase plans to allow Bitcoin Cash withdrawals in January 2018. Let's see...so 4 months, is about 5 years in dog years. Much many years is 4 months in crypto?

Master Shill

How much ETH could a master shill raise, if a master shill could raise ETH? About 30 million dollars worth.

ETH = Ethereum (P.S, did you know we had a glossary?)

The New Thing

Are you still going on about ICO's? That's yesterday's news. The new thing is pre-ICO's.


◤THINGS I LIKE

Grandpa Had A Pension

This article from the NYTimes titled Grandpa Had a Pension. This Generation Has Cryptocurrency. 


◤MARKET SENTIMENT

Technical Signals

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Look for Bitcoin trying to retest key resistance levels around ~2900. If it breaks, the price can move up. If it doesn't break, we will likely drop and retest support around ~2750.

Daily Number Indicator

Don't know what this is? Read here.

Don't know what this is? Read here.

Right now this indicator is still telling us to keep our money in fiat, but it does look like that last red 1 will turn into a green 2 when the candle closes.

If you're into this kind of stuff, let me know by following me on Twitter, @dmitriy__or_dima.


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