Coin Sheet - October 12, 2017


QUOTE OF THE DAY

I have not failed. I've just found 10,000 ways that won't work.” 

—Thomas A. Edison.


COIN BULLETIN

Bitcoin Sets A New All Time High

Bam! Bitcoin has hit a new all-time high today, with prices reaching ~$5,230 on GDAX.

The $5000 mental resistance has finally been broken on GDAX.

The interesting question is whether or not we will have a short pull back for the next day or two, before resuming the bullish trend and making an attempt at hitting the upper line of the historically bullish channel.

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Byzantium HardFork Announcement

Umm, WTF is What is Metropolis, Byzantium, and Constantinople?

Metropolis is a planned Ethereum development phase that includes two hard forks: Byzantium and Constantinople. Byzantium is occurring at block number 4.37mil (Around October 16). Constantinople does not currently have a release date, but is expected in 2018.

The Ethereum network will be undergoing a planned hard fork around October 16, and the Ethereum team released an announcement with all the things you need to do to stay prepared.

The TL;DR, you need to download the:

You can read the announcement from the Ethereum folks here.

Lithuania's Central Bank Publishes New ICO Guidance

CoinDesk reports that Lithuana's central bank has become the latest financial institution of its kind of release new guidance for those seeking to organize an initial coin offering (ICO) in the country.

You can read more about this here.


THINGS I LIKE


Bitcoin Core Is Already Working on a New Scaling Upgrade

Apparently Bitcoin's core developer team isn't yet done scaling the cryptocurrency's protocol.

You can read more about this here.


MARKET SENTIMENT

Technical Signals

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My Current Sentiment: Bullish

 

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.

 


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