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Likewise.......Yeah no, okay so.......
Let's see if this HERE is what happens (to all cryptos) !
I think I'll go check on some others perhaps.
Because - sort of likewise ; there was THIS closing bell in Bitcoin
Yup just checked Etherium where it's like ; Almost perhaps.
Altho I can't say for CERTAIN because (as you all know), I'm not all that much of a expert
bwa-ha-ha-ha !
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Anyone watching the chart got their head handed to them in a plastic baggie. All I see now is a bear flag forming. Whatever.
Yeah well I can assure you that there were literally MILLIONS who were paying attention to THIS one.....OBVIOUSLY.
You weren't ?........Oh well.........It's at $1,700 now.
Chart was working just FINE........and in fact, even, still IS.
Good LUCK
T.A. just doesn't GET any more BASIC than that.......
And yet, it's AMAZING that SO many choose to simply stick thier heads in the sand.
Can lead a horse to water but ya' can't make 'em drink.
.
.
Charts work only to the extent that people pay attention to them, otherwise "chart is broken", etc.
i sent you with fm whatsapp account. check it out. waiting for your reply
Yeah but so........just WHY the up move up today plus how come all the glitches ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171075618
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171074187
Ether will rise again like the Phoenix.
ATH this year.
The Day before the whole shebang BEGAN.......January 3rd
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170853974
"Fundamentals" can (could) NEVER "capture" something SO crisply !
.
I signed up to become a Mod on the ETH board just days BEFORE things began to unfold.
Altho, I had virtualy NEVER even LOOKED at ETH previously......
All it TOOK was 2 minutes of research :
To RECOGNIZE that SOMETHING huge was on the horizon
NEXT DAY - JAN 1st ; 12 Hundred - BOOM !
High today 1648.....Up what, like ; 48 ? %
"Useless graphs".......my azz
.
Up 35% in the past month...Love it!
$ETH.X
NAB helps farmers report on sustainability of Agri Green Loans using blockchain
https://news.nab.com.au/news/nab-helps-farmers-report-on-sustainability-of-agri-green-loans-using-blockchain/
NOTE: major agriculture use case for AUDN stablecoin described in this article posted on National Australian Bank website.
"...Australian farmers will be better able to understand and report on the impact of their sustainability practices, thanks to a partnership between NAB and agri-tech start-up Geora, using blockchain technology..."
...
"...NAB Chief Innovation Officer Howard Silby said this initiative will demonstrate how blockchain technology can help with a range of use cases in the financial services industry, including climate transition.
“We believe that elements of the future of finance will be blockchain enabled and that the technology also has the potential to assist with how we track and audit our ESG-linked financial products,” Mr Silby said..."
...
Creation of a stablecoin
"...For NAB, the standardised reporting provides a clear, auditable record that can be aggregated across a portfolio of multiple loans to underpin the green credentials of its green loan products.
Verifiable green loan portfolios also create the opportunity for NAB to act as an intermediary between investors in term deposits or bonds who increasingly expect their money to be used for green purposes and borrowers who are wanting funds to transition to greener business models.
NAB has recently minted a stablecoin to help digitise this connection and create greater transparency for all parties.
“With our stablecoin functionality, that can be characterised as a tokenised deposit, plus our use of blockchain to verify our green assets, a tokenised green deposit offering is certainly in NAB’s Digital Assets product development pipeline,” Mr Silby said.
“This is a new era of transparency which is essential if we are to direct funds at scale to the transition to a green economy.”
Customers seeking more information about NAB’s Agri Green Loan can find details on our website, including how you can get in touch with one of our agri-banking specialists..."
Yeah sure. Current tether and other ponzi pyramid schemes pegged to dollar will lose the biggest. The stablecoins coming out have nothing to do with ether/crypto scams or projects. Bye bye this year. Enjoy it and brag while they can I guess.
NAB’s Stablecoin Launch Could Shake Up the Traditional Banking Industry
https://dailycoin.com/nab-stablecoin-could-shake-traditional-banking-industry/
"National Australia Bank (NAB), one of the four largest banks in Australia, plans to launch a stablecoin called AUDN in the middle of 2023, according to the Australian Financial Review (AFR). The Australian dollar will fully back the stablecoin, and the NAB will hold the money.
The stablecoin will also aim to allow customers to settle transactions on blockchain technology in real time using Australian dollars. AUDN could also be used for carbon credit trading, overseas money transfers, and repurchase agreements.
AUDN will launch on Ethereum and the Algorand blockchain, a smart contract platform similar to Ethereum. Stablecoins like AUDN are pegged to an asset class to help stabilize their price, potentially making it more efficient and cheaper than interbanking cross-border payment solutions.
Australia’s Stablecoin Amid Crypto Industry Regulation Efforts
This marks the second major Australian bank to become involved in creating a stablecoin. Australia and New Zealand Banking Group (ANZ) teamed up with crypto custodian Fireblocks to mint a stablecoin pegged to the Australian dollar called A$DC.
Australia also has introduced token mapping to identify and manage crypto tokens, while the central bank has started a pilot test of potential use cases for CBDC. This is currently due for completion by mid-2023. The government has also promised to establish a framework for licensing and regulating crypto service providers to help increase safety around crypto.
The AUDN stablecoin will be backed 1:1 by the Australian dollar. It is aimed at streamlining cross-border remittances as well as carbon credit trading. NAB chief innovation officer Howard Silby said the decision to mint the AUDN stablecoin was based on the bank’s belief that blockchain infrastructure will play a key role in the next evolution of finance.
“We certainly believe there are elements of blockchain technology that will form part of the future of finance…From our point of view, blockchain has the potential to deliver instantaneous, transparent, inclusive, financial outcomes.” Silby stated.
Impact of AUDN on Transactions and Digital Economy
The implementation of AUDN for real-time, cross-border remittances could become a way for customers to sidestep the slower and more costly SWIFT payment network. Furthermore, AUDN has potential use cases in carbon credit trading and tokenized transactions.
The launch of AUDN by National Australia Bank aligns with growing interest in blockchain and stablecoins among financial institutions. It is also expected to make transactions more efficient and cost-effective and support digital economy growth. Additionally, the adoption of blockchain by more banks may lead to further innovation in finance.
On the Flipside
AUDN could disrupt traditional financial institutions by providing a more efficient and cost-effective solution for cross-border transactions.
The use of stablecoins is increasingly being seen as a threat to traditional forms of currency. Financial institutions raise concerns about the stability of such an economy.
Financial institutions’ adoption of blockchain technology and stablecoins also risks market manipulation and reduced competition.
Why You Should Care
The launch of AUDN by NAB is a significant development in the financial industry. The efforts further align with the Australian government’s efforts to regulate the crypto industry, making it worth paying attention to, particularly in the region."
NAB creates a stablecoin in boost for digital economy
https://www.afr.com/companies/financial-services/nab-creates-a-stablecoin-in-boost-for-digital-economy-20230117-p5cd8f
more details re new stablecoin AUDN in the The Australian Financial Review article linked above.
National Australia Bank to launch AUDN, an Australian dollar-pegged stablecoin
https://www.kitco.com/news/2023-01-19/National-Australia-Bank-to-launch-AUDN-an-Australian-dollar-pegged-stablecoin.html
Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
https://cointelegraph.com/news/aussie-big-4-bank-mints-stablecoin-for-carbon-trading-and-remittances
National Australia Bank launches stablecoin for carbon credit settlement
https://www.ledgerinsights.com/national-australia-bank-nab-stablecoin-carbon-credit/
National Australia Bank to Launch Stablecoin on Ethereum Network, Algorand Blockchain
https://watcher.guru/news/national-australia-bank-to-launch-stablecoin-on-ethereum-network-algorand-blockchain
JUST IN: 🇦🇺 National Australia Bank launches #stablecoin fully backed by Australian dollars.
— Watcher.Guru (@WatcherGuru) January 19, 2023
Eth is afraid of $1600 for some reason
Just following s&p and Bitcoin unfortunately. People saying it's going straight to $2500 and Bitcoin will go back to $20,500 before it goes higher. Then the opposite happens.
Are Ethereum (ETH) Bulls Exhausted for Rallying Beyond $1,600?
Ethereum is The second largest digital asset by market capitalization and is undisputed king of blockchain smart contracts. With over 52,606,127 holders, Ethereum’s (ETH) price has rallied over 28 percent in the last 14 days to trade around $1,568.46 on Tuesday.
The resistance trend line has become a support level as a result of the price recovery in Ether. The theory is also reiterated by the 200W MA and last week’s closing candle that indicates bulls are in control. Institutional investors and developers looking to create safe and scalable Web3 projects continue to show interest to Ethereum.
According to on-chain data given by tokenview, the large transaction count of over 1,843,304,923 is proof of this boom of Ethereum in 2023. The Shanghai upgrade, which will permit withdrawals of staked Ethers on the beacon chain, may cause a considerable fall in the figure, though.
Ethereum merger may offer more confidence to the validators to stake more tokens on the protocol thus ETH price prediction could end the trade for 2023 with a potential high of $1866.79 as per coinpedia.
He doesn't know where to put it either. I don't think he did it anyway. Maybe his cat.
Yes.....That is my "specialty" (ha !.....simplicity)_.....
Gotta keep things super-SIMPLE 'round here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170955727
So that's a "useless graph" huh......(one which produced a 30 % 12 day return) ?
Simple line that took a whole 10 seconds to draw, am I missing something. Useless graph. Sorry.
It's almost at 1,600 now : https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170865005
Which'd be 30 % higher than the 1,200
PS : I've no idea what you're referring to here ;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170955650
.
Up 34 cents today? Is that what that little hook at the end of the chart means? Neat trick predicting that. I would never have guessed.
I don’t see any TA in that chart. Almost everything that matters is not there.
I think the recent push in BTC was Elon building back a position. DOGE is being controlled by algos but being accumulating at the same time. SHIB accumulation is up and I think will have a breakout in January. Ethereum staking headed to new highs which is going to limit the amount of the amount of ETH until users can withdrawn / trade with ETH March / April time. GALA looks promising as well. But this all has to do with Twitter coin and Elon buying up crypto for Twitter coin IMHO
yes ill get in, but much lower
Eth gonna get smoked with the rest. Prepare for it, or just be in denial and blame everybody when it crumbles. Sure it won’t go away, but crypto winter is coming.
Ethereum is in the best position out of all the cryptos, IMO. It's not just a one-trick pony coin like Bitcoin, but a smart contract platform with endless possibilities with tons of support behind it.
Glad I got in early back in 2017 so let's see what the future brings...
$ETH.X
Tether, ether, and crypto is the next pyramid to crash after Ftx.
All the women running around going to lunch and shopping all day pumping the pyramid to others to get their 5% sign on will be getting 5% of nothing in USDT
Retest of 1200? Yeah probably later this mionth.
Yep - Down thru the line (as drawn) . . . . BOOM !.........just like that !
So it's been a Fundamental failure to predict future price action.
But a Technically excellent prediction.
Here it was shown to be right on the line
Sure enuf, within hours it has sunken through.......
A good chartist understands what needs to be watched
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Swing and another miss for charts, OUCH!! Those 160's looking sweeeeeeeeeeeeet!!
YEP, Charts claimed drop to 1200 for ETH, looking at 1253.00!!! WHOOPS!! OUCH!
Swing and another miss per charts, OUCH!!
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