Coin Sheet - October 9, 2017


QUOTE OF THE DAY

If we open a quarrel between the past and the present, we shall find that we have lost the future.” 

—Winston Churchill


COIN BULLETIN

How's Bitcoin Doing?

China? SegWit2x? Forks? Bitcoin doesn't seem to care. All Bitcoin cares about is sucking the life out of every coin that isn't Bitcoin. 

Oh, and does anyone else find it a bit funny that other than Bitcoin, the only two green coins on this list are Ripple and a pyramid scheme?

123123.png


SEC Asks For Two New Bitcoin ETF Applications Withdrawal

According to Cointelegraph, the SEC has asked for withdrawal of the application for Bitcoin derivative ETFs via a formal letter to the applicants

Looks like the SEC is not ready to handle the derivatives ETF at this time.

Source


THINGS I LIKE


The Definitive Bull Case For Ethereum

Great little read from the Store Of Value blog. The fellow explains why he thinks Ether is valuable, and why it continues to have tremendous upside.

The TL;DR list is:

  • Ether is a fuel, not a currency
  • Proof of stake
  • Focused leadership
  • Upcoming technology - Plasma and Raiden
  • Ethereum as a highly useful public utility
  • Budding corporate adoption
  • Powerful decentralized applications

You can read the article here.

123123.png

7 Thoughts On Blockchain, Cryptocurrency & Decentralization

Here are some of Lou Kerner's thoughts on blockchain, crypto, and decentralization after spending 3 months in the rabbit hole.

It's always great to immerse yourself in new perspectives.

You can find his article here.


MARKET SENTIMENT

Technical Signals

1.PNG

 

My Current Sentiment: Neutral

 

Daily Number Indicator

Bitcoin

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.

Ethereum

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.

Litecoin

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.


Join The Discussion

You can find me on Twitter at @coinsheets

And here's an invite to our Discord: https://discord.gg/UTp6bCU


Subscribe

Wait what!? You haven't subscribed? Let's change that.