Coin Sheet - August 31, 2017


QUOTE OF THE DAY

A nail is driven out by another nail. Habit is overcome by habit.” 

—Desiderius Erasmus


COIN BULLETIN

Bitcoin Set Another New All Time High

Again, no big deal. Everything seems to be on track. The interesting question is whether or not we will have a short pull back sometime in the next 1-2 days, before resuming the bullish trend and making an attempt at hitting ~$5,000 by mid September.

Ethereum Unicorm

OmiseGo becomes the first Ethereum unicorn with a market cap of $1 billion.

Remember folks, FOMO(fear of missing out) is a self-fulfilling prophecy.

You can find an article about this here.

In Adoption News:


THINGS I LIKE

Bitcoin Is Now The Most Legitimate

Great summary from ZeroHedge about how cyber-criminals are abandoning Bitcoin and how someone at the Department of Homeland Security said that Bitcoin "is a lot more legitimate than people think."

You can find his article here.

Is Uber About To Accept Bitcoin Directly?

Errr, probably not.

The hype around this story is that Bitcoin-friendly Dara Khosrowshahi has landed the new CEO role at Uber - which is leading some cryptocurrency specialists to speculate that the ride-sharing giant will soon accept Bitcoin as a form of payment.

It would be very cool if this was to happen, but Uber has enough problems on it's plate as it is.

You can find the article here.

Why Cryptocurrencies Want More Privacy

Here is an article talking about cryptocurrency, privacy, and Monero.

The Bitcoin Bubble

A new article about Bitcoin just came out from the Motley Fool titled "The Bitcoin Bubble Has Officially Reached the Stock Market."

You can read the article here.


MARKET SENTIMENT

Technical Signals

1.PNG

My Current Sentiment: Bullish

 

Daily Number Indicator

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.

This is a number indicator is used for identifying trends, measuring momentum and spotting areas of price exhaustion. Read more here.


Want To Connect? Have Questions?

Let me know on Twitter @coinsheets


Join The Discussion On Discord

Here's an invite: https://discord.gg/UTp6bCU


Support

Want To Support CoinSheet? Do it, get perks.


Subscribe

Wait what!? You haven't subscribed?

Let's change that.