Coin Sheet - October 19, 2017


QUOTE OF THE DAY

Whether you think you can or think you can’t, you’re right.” 

—Henry Ford.


COIN BULLETIN

Bitfinex To Terminate U.S. Services By November 9

Bitfinex has announced its plan to terminate all services for U.S. individual customers by November 9th 2017. Their announcement comprised a follow-up to a statement issued in August, which indicated the company was suspending all new requests for account verification from U.S. individuals.

Source

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Tezos At Risk Of Complete Collapse

At least that's what the word on the street is, the Wall Street Journal that is.

Paul Vigna from WSJ reports:

A lawyer representing the Breitmans on Sunday sent a nine-page letter to the foundation’s board, demanding that its founder and president, Johann Gervers be removed, or they would withdraw their support from the project.

Mr. Gevers, in an email, wrote that “the Breitmans have attempted to bypass the Swiss legal structure and take over control of the foundation, and have acted destructively, causing months of delays in the Tezos project.”

Remeber folks, Tezos had one of the year’s biggest initial coin offerings this year, raising around $232 million token. And now they're trying to convert it into dolla dolla bill y'all

Also remember that under the terms of the Tezos coin offering, there’s no guarantee participants will ever receive a single Tez. Participants agreed to accept the risk that the project “may be abandoned.”

Oh, and if you want to read more about it, here's a Reuters report. Or if you want to learn more about Tezos, you can check out this report.

What Else Is Going On?


THINGS I LIKE

Ethereum, Mises, & Why Cryptos Are Not A Bubble

Tyler Durden from ZeroHedge giving his thoughts on a few crypto's and what it means to be a currency.

You can read his article here.


MARKET SENTIMENT

Technical Signals
 

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My Current Sentiment: Neurtral 

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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