Coin Sheet - October 17, 2017


QUOTE OF THE DAY

In three words I can sum up everything I've learned about life: it goes on.” 

—Robert Frost


COIN BULLETIN

Protesters Are Already Plotting Alternative Ethereums

As they say, a hard fork isn't complete without atleast a protest movement (or two).

In this case, Ethereum Vega, one protest fork, has less than two hundred Twitter followers and Etherite, the other protest fork, has only two posts on its official Reddit page.

I guess now we finally say this Ethereum fork is actually official.

You can read more about this here.

"Say that to my face bro, watch what happens."

"Say that to my face bro, watch what happens."

Bank Of America Report On The True Value Of Cryptocurrencies

In a cryptocurrency report the folks at Bank Of America wrote:

"The coin universe is dynamic and innovative and volatile; while a true value for cryptocurrencies may be impossible to assess, one factor which we believe could affect their liquidity and market capitalisation would be if one or more global broker/dealers decided to offer institutional-like products..."

You got that folks, we can't know for certain the true value of cryptocurrencies until Bank of America decides to offer cryptocurrency related products.

Source

Bittrex Eyed With Suspicion

Apparently Bittrex has some mysterious account closings.

Like some dude said on reddit, if these guys have a glitch and it will be fixed, they could come out and say so. Usually silence is very very bad. They may have been hacked.

You can read more about this from CoinTelegraph who have been on the case.

What Else Is Going On?

  • A Dutch company is complaining about how much electricity Bitcoin uses.
  • Novogratz agrees to advise ethereum-based digital coin exchange called AirSwap.
  • A new Monero only dark net market has just appeared called Libertas.

THINGS I LIKE

The 10/10/10 Method: Make Decisions Like Warren Buffett and Ray Dalio

Okay, so the TL;DR to this method is this.

  • How will I feel about it in 10 minutes?
  • How will I feel about it in 10 months?
  • How will I feel about it in 10 years?

Read more about this method here.


MARKET SENTIMENT

Technical Signals
 

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My Current Sentiment: Bearish.

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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