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Agreed, people aka the market act like the Coin is the sun.
This is an excerpt from the Coindesk on Friday;
So far things seem to be playing out as called. However, I do think $6000.00 is still in play. The next couple of days should tell the story.
Here is the technical Analysis on the Coin from Friday from Coindesk:
BTC is fast approaching $8,052 (61.8 percent Fibonacci retracement of 2017 low to high).
The 200-day MA support is lined up at $7,855.
BTC risks breaching the falling channel on the downside.
The relative strength index (RSI) and stochastic show oversold conditions.
A daily close (as per UTC) below $8,052 would only strengthen the bears. It would also mark a downside break of the falling channel (represented by lines joining lower highs and lower lows).
However, as noted above, the daily indicators show oversold conditions. Further, the 4-hour RSI and stochastic also show the sell-off is overdone. Hence, BTC will likely defend the 200-day MA support seen at $7,855.
The sell-off could come to a halt in the range of $7,855 (200-day MA) and $8,052 (61.8 percent Fibonacci retracement of 2017 low to high).
Technical recovery could be seen, but gains above the $9,000 mark could be short-lived in the short-term.
Consolidation around $8,000 over the next 72 hours, if followed by a daily close (as per UTC) below the 200-day MA could revive the sell-off and open doors for $6,189 (Oct. 21 high).
I agree and the IRS has already made policy statements about this. Cyrpto's are property in the eyes of the IRS and everyone pays capitol gains on properties. Remember the Beatles said "nine for me and one for you, cause I'm the tax man."
The tax man will always get his.
OK here goes
Grew up on the eastside of Seattle when those little towns out there were logging towns not High Tech hubs.
Mid fifties
Yard Bird (old shipyard worker), now a project manager.
5 kids, 11 grand kids, happily remarried, for many years now.
Retired travelling soccer coach (too old for that gig now) and photography nut when I get inspired. Play crappy guitar once in while, been years since I was serious.
Stood by and pretty much watched Microsoft and Amazon in my back yard and never put any skin in the game. Not so this time.....
I know. What has happened to me lol???
This stock will float upward on warm drafts as soon as we get a little cooperation from the Coin.
I don't recommend selling unless you seriously want to slap the ask on the way back up. It took me a week to accumulate an additional 15K the week before last. This thing is held tight IMHO.
Hope your feeling better.
Good Morning to all of my fellow DigitalXrs.
I second Tics motion! It seems perhaps our current moderators may have moved on for the time being. Just being able to hang a couple of stickies, like the quarterly would be great. If you read fundamentals at all, it is huge.
Speaking of that I found this article that DigitalX is mentioned in. Seems they are about the only Blockchain play in all of Australia making money. Not only are they generating revenue, they are turning a profit. Lots of plays out there, not many booking profits yet.
Blockchain stock valuations in Australia
All IMHO
DigitalX December 2017 Quarterly Report Look Now Wow!
DGGXF
These guys aren't planning on making money, they are doing it!
Check them out here;
15 minute interview with DigitalX CEO Leigh Travers
December 2017 Quarterly Report
Good Luck to All
DigitalX December 2017 Quarterly Report Look Now Wow!
DGGXF
These guys aren't planning on making money, they are doing it!
Check them out here;
15 minute interview with DigitalX CEO Leigh Travers
December 2017 Quarterly Report
Good Luck to All
DigitalX CEO Leigh Travers interviewed by Alex Nugget.
These guys aren't planning on making money, they are doing it!
Check them out here;
15 minute interview with DigitalX CEO Leigh Travers
December 2017 Quarterly Report
Good Luck to All
DigitalX CEO Leigh Travers interviewed by Alex Nugget.
These guys aren't planning on making money, they are doing it!
Check them out here;
15 minute interview with DigitalX CEO Leigh Travers
December 2017 Quarterly Report
Good Luck to All
DigitalX CEO Leigh Travers interviewed by Alex Nugget.
These guys aren't planning on making money, they are doing it!
Check them out here;
15 minute interview with DigitalX CEO Leigh Travers
December 2017 Quarterly Report
Good Luck to All
DigitalX CEO Leigh Travers interviewed by Alex Nugget.
15 minute interview with DigitalX CEO Leigh Travers
Thanks for turning us onto this Lore!
Is the candle for Friday considered a hammer or should we have finished green to be considered a hammer? I know we have been being driven south hard by the Coin correction. Which may have also bottomed Friday.
Don't panic guys, there could be a bit more blood spilled Monday, but we have a micro cap making boodles of cash. That is going to cause us to gain traction. Go back and read the quarterly report I posted before you sell at a loss. We have held up much better that most Cryptos this last month. Better times a comin. IMHO
Look who's tweet just got retweeted by Patrick Byrne (for those who don't know, he is the CEO of Overstock.com)
Patrick Byrne Retweeted Spiros Margaris Sneer as they may, I would love to compare alphas! @spirosMargaris @sulemandn
Seems this bull shitter has been noticed by the man.......
When you get to the link click on Spiros name and see what company pops up front and center.....
I agree Dallas the market has weighed in on the ICO. I still am intrigued about an app in Chinese, that could be a cool thing for this little ticker.....
Welcome back buddy!
Right on, glad to hear it! I think your right, both were very worth it!
Were hanging in there here. Its been a sea of red for the sector but so far DGGXF has held up far better than most. It looks like were close to a bottom on the Coin as well. A little more time will tell.
Just glad to hear you are OK.
I am ordering my T-shirt today;
I SURVIVED THE GREAT CRYPTO CRASH OF 2018 WITH INTV!
Whatever is going to happen, I think the bottom is in, in the next couple of days with the Coin and DigitalX. So far compared to the sector this is doing just fine.
Here is the technical Analysis on the Coin for the day from Coindesk:
BTC is fast approaching $8,052 (61.8 percent Fibonacci retracement of 2017 low to high).
The 200-day MA support is lined up at $7,855.
BTC risks breaching the falling channel on the downside.
The relative strength index (RSI) and stochastic show oversold conditions.
A daily close (as per UTC) below $8,052 would only strengthen the bears. It would also mark a downside break of the falling channel (represented by lines joining lower highs and lower lows).
However, as noted above, the daily indicators show oversold conditions. Further, the 4-hour RSI and stochastic also show the sell-off is overdone. Hence, BTC will likely defend the 200-day MA support seen at $7,855.
View
The sell-off could come to a halt in the range of $7,855 (200-day MA) and $8,052 (61.8 percent Fibonacci retracement of 2017 low to high).
Technical recovery could be seen, but gains above the $9,000 mark could be short-lived in the short-term.
Consolidation around $8,000 over the next 72 hours, if followed by a daily close (as per UTC) below the 200-day MA could revive the sell-off and open doors for $6,189 (Oct. 21 high).
Thanks for posting the PR Kelli
Did anyone take this in and digest it?
In the blub about the upcoming mobile app;
"standalone APK for android users in China."
This must be being developed in a joint venture with ANX to enter the Asian space?
That could be a play....
Kelli I do think your right
Please read the text carefully from this tweet last week;
"DIGATRADE@DigaTrade
Jan 24
More@DigaTrade Annual Audited Financial Statements for period ended Dec 31, 2017 will be filed on Edgar & Sedar on or before April 30, 2018. Q1.2018 Form 6-K on or before May 31, 2018. Everthing on track!"
"Everthing on track!"??? Call me crazy, but is it possible that without giving guidance out in so many words that we are being told that the house is coming financially in order?
Just a thought.....
Thanks Bsizz you some good points
Disappointing but it might be the right play. Have a read of this Coindesk story,
“The heads of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (SEC) are set to testify on cryptocurrencies during a U.S. Senate hearing next week.
The Senate Committee on Banking, Housing, and Urban Affairs will meet on Feb 6. at 10 a.m. EST, with SEC chief Jay Clayton and CFTC chief J. Christopher Giancarlo set to appear as witnesses. The hearing and the appearances by Clayton and Giancarlo were previously reported by the Washington-based publication The Hill earlier this month.
The hearing – entitled "Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission" – comes amid a period of heightened activity at both agencies around the topic.
The SEC has filed a number of lawsuits in recent weeks against allegedly fraudulent initial coin offerings (ICOs), while, as reported yesterday, the CFTC has moved to scrutinize the activities of cryptocurrency exchange Bitfinex and Tether, the closely-linked company behind the controversial USDT token.
Next week's hearing notably follows the publication of a joint op-ed from Clayton and Giancarlo. The article, published by the Wall Street Journal, served as both a pledge to apply closer oversight of the industry as well as a warning to some – particularly those soliciting investments.
"Market participants, including lawyers, trading venues and financial services firms, should be aware that we are disturbed by many examples of form being elevated over substance, with form-based arguments depriving investors of mandatory protections," the two wrote.
The Feb. 6 hearing will be broadcast live online.”
Tic tic you ok buddy?
Who bought INTV or Coin in the dip? That just might have been the last call. Time will tell, but don’t let FUD rule the day!
DigitalX unmoved in the face off this days onslaught. Mind blowing! I don’t know what tomorrow brings, but this was something to see.
Amazing this is about the only Crypto up on this day of blood letting! Absolutely amazing.
PR out, ICO off, due to legal concerns. Mobile app progressing as planned.
Sheet fire and save the matches!
Well wasn’t that fun! A day of thrills and chills kids!
Chartmaster do you think we are retracing to 8k on the coin?
DGGXF so far today is the only Crypto holding up in the face of this. .21 as I write with one hour to close.
FUD is in control right now.
A good dose of perspective Dallas. I bet DIGAF is busy trading too and that is how they make bank......
Good luck Raph. This could get dicey if the Coin reverses its downward trend. That's the real bet! Is she gonna keep going down or are we in the final part of the correction now? Who knows? I don't.
When this dips because of Bitcoin remember this.
Coinsilium 23 January PR
Think of the worth accumulated in just a bit more than a year. When the potential for growth is extrapolated the potential for real value here is incredible.
JMHO
And its been tugging hard on Ripple! Its like the sun and all others are planets.......
DigitalX December 2017 ASX Quarterly Report
DGGXF 2017 ASX Quarterly Report
248% growth in digital and cash assets in quarter 4.
Could a couple of you old pros here have a look at this little company and give me some feedback? My DD says it looks like a good play, but many of you are far more experienced at this.
Thank you!