QUOTE OF THE DAY
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
Bitcoin Closes Above $4,000
After a strong bullish couple of days, with heavy volume and weekend trading, Bitcoin has finally closed above $4,000 USD.
As a public safety announcement, I must ask everyone to please be careful and not crash your brand new LAMBORGHINI's. I am sad to say that I won't be joining you, because I am smart, and I know that Bitcoin is a HIGHLY, HIGHLY speculative investment. I won't be joining you because selling my Bitcoin bags a few days ago when it broke $3,500 was the right decision for me. I take small baby steps to the moon and I'm very happy with my conservative Bitcoin gains!
Okay, yes, in hindsight I sold too early...but I don't operate on hindsight, so let's move on.
Related to Bitcoin, this guy who was able to turn ~600 BTC into ~200 BTC. Like, that's not even that impressive, I could have easily turned that into like ~3.50 BTC.
While we're talking about Bitcoin, here's some perspective.
NEO, formerly known as Antshares is up over 400% this month. From my understanding, the goal of NEO is to use the security of the blockchain to facilitate safe and fair trading of real world assets via smart contracts.
Oh yeah, did I mention that NEO overtook Litecoin, and snagged a top 5 position with their $2.4B market cap. Look's like their rebranding is was pretty good for them.
Still, criticisms of NEO exist. Critics have been saying that NEO lacks network effects, lacks developers, isn't solving any new problems, and that NEO is China-based (which is an issue since most crypto's are out of Zug, Switzerland, for a reason).
Microsoft + Ethereum = Coco
Microsoft releases an Ethereum-Based protocol called ‘Coco.’ The TD:DR that I found on reddit is that Microsoft is setting up an open-source B2B framework to deliver scalable, shared, confidential blockchain services to businesses, soon to be completely compatible with all major smart-blockchain platforms like ethereum, hyperledger or quorum. ethereum is already integrated, the rest is soon to follow up.
It Must Be A Sign
A ‘Buy Bitcoin’ sign appears during the DOTA International Tournament.
The trend of all-time highs' need to stop eventually...right?
My Current Sentiment: Neutral
Daily Number Indicator
Remember that the condition for this number indicator is any particular candle's close needs to be higher/lower than the close four candles earlier. The condition can stay met, but the maximum count this indicator uses is 9.
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