Bitcoin Price Chart (BTC) Coinbase

Is there a free website with live charts comparing the stock market (S&P or whatever) to Bitcoin values?

I might not be looking for the right search terms, but I'm finding nothing but articles with screenshots of older comparison charts.
Thanks!
submitted by Turil to Bitcoin [link] [comments]

Bitcoin stock to flow model live chart. Modeling Bitcoin's Value with Scarcity.

This is the best tl;dr I could make, original reduced by 91%. (I'm a bot)
14.10.2019 15:00CET What is Bitcoin Bitcoin is the first digital object that cannot be copied, duplicated, pirated or forged.
Bitcoin is the first digitally scarce thing known to mankind, and within its inner workings is a Mathematical mechanism that should make Bitcoin's value continue to rise.
Each bitcoin is mined from so-called "Blocks".
What is Bitcoin stock to flow The 'Stock-to-flow' is a number that shows how many years, at the current production rate, are required to achieve the current stock.
How does all this affect bitcoin price As previously mentioned, it is not possible to copy or forge Bitcoins, and the total supply is strictly limited.
If we put current Bitcoin stock to flow value into this formula we get value of 10.750 USD. This is the price which is indicated by the model.
Summary Source | FAQ | Feedback | Top keywords: Bitcoin#1 day#2 block#3 halved#4 stock#5
Post found in /CryptoCurrency, /Economics, /hashgraph and /ethereum.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Bitcoin stock to flow model live chart. Modeling Bitcoin's Value with Scarcity.

submitted by scgco to GGCrypto [link] [comments]

41, $0 savings, 25k in debt, make $3500 a month after taxes. [Part 2]

Hi again PersonalFinanceCanada,
A couple of updates to my last post and a big thank you to everyone who left positive feedback.
Since my last post, I managed to reduce my all my credit card balances and my LOC debt to $0.00. Feels good, man!
I sold collectibles, liquidated other unused things for money, and reduced spending. The food budget( including household items ) is still $120 a week but my phone bill is down from $100 to $65 a month.
Extra money made from selling anything from around the house will be put into stocks or bitcoin/cryptos. Or should it go into an Emergency Fund?
My RRSP contribution deadline was March 2020 so I can't contribute to any of that until next year.
Should I max out my TFSA contribution 2020 limit at $6,000 or put that toward the student loans?
Up next is my Student loan at $25,000, I'm aiming to pay between $2200 and $2500 a month over the next 10 to 12 months. The Income Spending Percentages flow chart you guys posted said to pay the minimum on loans like student loans, but why? Paying the minimum will take years and I'll end up paying more in interest.
My bank account right now is in the triple digits, something that I haven't seen in a while. And my credit score went up a few points.
Advice and feedback is always valued and appreciated. :)
submitted by 41and0savings to PersonalFinanceCanada [link] [comments]

DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent

DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent
In this week's edition of DDDD (Data-driven DD), I'll be going over the real reason why we have been seeing a rally for the past few weeks, defying all logic and fundamentals - retail investors. We'll look into several data sets to see how retail interest in stock markets have reached record levels in the past few weeks, how this affected stock prices, and why we've most likely seen the top at this point, unless we see one of the "positive catalysts" that I mentioned in my previous post, which is unlikely (except for more news about Remdesivir).
Disclaimer - This is not financial advice, and a lot of the content below is my personal opinion. In fact, the numbers, facts, or explanations presented below could be wrong and be made up. Don't buy random options because some person on the internet says so; look at what happened to all the SPY 220p 4/17 bag holders. Do your own research and come to your own conclusions on what you should do with your own money, and how levered you want to be based on your personal risk tolerance.
Inspiration
Most people who know me personally know that I spend an unhealthy amount of my free time in finance and trading as a hobby, even competing in paper options trading competitions when I was in high school. A few weeks ago, I had a friend ask if he could call me because he just installed Robinhood and wanted to buy SPY puts after seeing everyone on wallstreetbets post gains posts from all the tendies they’ve made from their SPY puts. The problem was, he actually didn’t understand how options worked at all, and needed a thorough explanation about how options are priced, what strike prices and expiration dates mean, and what the right strategy to buying options are. That’s how I knew we were at the euphoria stage of buying SPY puts - it’s when dumb money starts to pour in, and people start buying securities because they see everyone else making money and they want in, even if they have no idea what they’re buying, and price becomes dislocated from fundementals. Sure enough, less than a week later, we started the bull rally that we are currently in. Bubbles are formed when people buy something not because of logic or even gut feeling, but when people who previously weren’t involved see their dumb neighbors make tons of money from it, and they don’t want to miss out.
A few days ago, I started getting questions from other friends about what stocks they should buy and if I thought something was a good investment. That inspired me to dig a bit deeper to see how many other people are thinking the same thing.
Data
Ever since March, we’ve seen an unprecedented amount of money pour into the stock market from retail investors.
Google Search Trends
\"what stock should I buy\" Google Trends 2004 - 2020
\"what stock should I buy\" Google Trends 12 months
\"stocks\" Google Trends 2004 - 2020
\"stocks\" Google Trends 12 months
Brokerage data
Robinhood SPY holders
\"Robinhood\" Google Trends 12 months
wallstreetbets' favorite broker Google Trends 12 months
Excerpt from E*Trade earnings statement
Excerpt from Schwab earnings statement
TD Ameritrade Excerpt
Media
cnbc.com Alexa rank
CNBC viewership & rankings
wallstreetbets comments / day

investing comments / day
Analysis
What we can see from Reddit numbers, Google Trends, and CNBC stats is that in between the first week of March and first week of April, we see a massive inflow of retail interest in the stock market. Not only that, but this inflow of interest is coming from all age cohorts, from internet-using Zoomers to TV-watching Boomers. Robinhood SPY holdings and earnings reports from E*Trade, TD Ameritrade, and Schwab have also all confirmed record numbers of new clients, number of trades, and assets. There’s something interesting going on if you look closer at the numbers. The numbers growth in brokers for designed for “less sophisticated” investors (i.e. Robinhood and E*Trade) are much larger than for real brokers (i.e. Schwab and Ameritrade). This implies that the record number of new users and trade volume is coming from dumb money. The numbers shown here only really apply to the US and Canada, but there’s also data to suggest that there’s also record numbers of foreign investors pouring money into the US stock market as well.
However, after the third week of March, we see the interest start to slowly decline and plateau, indicating that we probably have seen most of those new investors who wanted to have a long position in the market do so.
SPX daily
Rationale
Pretty much everything past this point is purely speculation, and isn’t really backed up by any solid data so take whatever I say here with a cup of salt. We could see from the graph that new investor interest started with the first bull trap we saw in the initial decline from early March, and peaking right after the end of the crash in March. So it would be fair to guess that we’re seeing a record amount of interest in the stock market from a “buy the dip” mentality, especially from Robinhood-using Millennials. Here’s a few points on my rationalization of this behavior, based on very weak anecdotal evidence
  • They missed out of their chance of getting in the stock market at the start of the bull market that happened at the end of 2009
  • They’ve all seen the stock market make record gains throughout their adult lives, but believing that the market might be overheated, they were waiting for a crash
  • Most of them have gotten towards the stage of their lives where they actually have some savings and can finally put some money aside for investments
  • This stock market crash seems like their once-in-a-decade opportunity that they’ve been waiting for, so everyone jumped in
  • Everyone’s stuck at their homes with vast amounts of unexpected free time on their hands
Most of these new investors got their first taste in the market near the bottom, and probably made some nice returns. Of course, since they didn’t know what they were doing, they probably put a very small amount of money at first, but after seeing a 10% return over one week, validating that maybe they do know something, they decide to slowly pour in more and more of their life savings. That’s what’s been fueling this bull market.
Sentiment & Magic Crayons
As I mentioned previously, this bull rally will keep going until enough bears convert to bulls. Markets go up when the amount of new bullish positions outnumber the amount of new bearish positions, and vice versa. Record amounts of new investors, who previously never held a position in the market before, fueled the bullish side of this equation, despite all the negative data that has come out and dislocating the price from fundamentals. All the smart money that was shorting the markets saw this happening, and flipped to become bulls because you don’t fight the trend, even if the trend doesn’t reflect reality.
From the data shown above, we can see new investor interest growth has started declining since mid March and started stagnating in early April. The declining volume in SPY since mid-March confirms this. That means, once the sentiment of the new retail investors starts to turn bearish, and everyone figures out how much the stocks they’re holding are really worth, another sell-off will begin. I’ve seen something very similar to this a few years ago with Bitcoin. Near the end of 2017, Bitcoin started to become mainstream and saw a flood of retail investors suddenly signing up for Coinbase (i.e. Robinhood) accounts and buying Bitcoin without actually understanding what it is and how it works. Suddenly everyone, from co-workers to grandparents, starts talking about Bitcoin and might have thrown a few thousand dollars into it. This appears to be a very similar parallel to what’s going on right now. Of course there’s differences here in that equities have an intrinsic value, although many of them have gone way above what they should be intrinsically worth, and the vast majority of retail investors don’t understand how to value companies. Then, during December, when people started thinking that the market was getting a bit overheated, some started taking their profits, and that’s when the prices crashed violently. This flip in sentiment now look like it has started with equities.
SPY daily
Technical Analysis, or magic crayons, is a discipline in finance that uses statistical analysis to predict market trends based on market sentiment. Of course, a lot of this is hand-wavy and is very subjective; two people doing TA on the same price history can end up getting opposite results, so TA should always be taken with a grain of salt and ideally be backed with underlying justification and not be blindly followed. In fact, I’ve since corrected the ascending wedge I had on SPY since my last post since this new wedge is a better fit for the new trading data.
There’s a few things going on in this chart. The entire bull rally we’ve had since the lows can be modelled using a rising wedge. This is a pattern where there is a convergence of a rising support and resistance trendline, along with falling volume. This indicates a slow decline in net bullish sentiment with investors, with smaller and smaller upside after each bounce off the support until it hits a resistance. The smaller the bounces, the less bullish investors are. When the bearish sentiment takes over across investors, the price breaks below this wedge - a breakdown, and indicates a start of another downtrend.
This happened when the wedge hit resistance at around 293, which is around the same price as the 200 day moving average, the 62% retracement (considered to be the upper bound of a bull trap), and a price level that acted as a support and resistance throughout 2019. The fact that it gapped down to break this wedge is also a strong signal, indicating a sudden swing in investor sentiment overnight. The volume of the break down also broke the downwards trend of volume we’ve had since the beginning of the bull rally, indicating a sudden surge of people selling their shares. This doesn’t necessarily mean that we will go straight from here, and I personally think that we will see the completion of a heads-and-shoulders pattern complete before SPY goes below 274, which in itself is a strong support level. In other words, SPY might go from 282 -> 274 -> 284 -> 274 before breaking the 274 support level.
VIX Daily
Doing TA is already sketchy, and doing TA on something like VIX is even more sketchy, but I found this interesting so I’ll mention it. Since the start of the bull rally, we’ve had VIX inside a descending channel. With the breakdown we had in SPY yesterday, VIX has also gapped up to have a breakout from this channel, indicating that we may see future volatility in the next week or so.
Putting Everything Together
Finally, we get to my thesis. This entire bull rally has been fueled by new retail investors buying the dip, bringing the stock price to euphoric levels. Over the past few weeks, we’ve been seeing the people waiting at the sidelines for years to get into the stock market slowly FOMO into the rally in smaller and smaller volumes, while the smart money have been locking in their profits at an even slower rate - hence an ascending wedge. As the amount of new retail interest in the stock market started slowed down, the amount of new bulls started to decline. It looks like Friday might have been the start of the bearish sentiment taking over, meaning it’s likely that 293 was the top, unless any significant bullish events happen in the next two weeks like a fourth round of stimulus, in which case we might see 300. This doesn’t mean we’ll instantly go back to circuit breakers on Monday, and we might see 282 -> 274 -> 284 -> 274 happen before panic, this time by the first-time investors, eventually bringing us down towards SPY 180.
tldr; we've reached the top
EDIT - I'll keep a my live thoughts here as we move throughout this week in case anyone's still reading this and interested.
5/4 8PM - /ES was red last night but steadily climbed, which was expected since 1h RSI was borderline oversold, leaving us to a slightly green day. /ES looks like it has momentum going up, but is approaching towards overbought territory now. Expecting it to go towards 284 (possibly where we'll open tomorrow) and bouncing back down from that price level
5/5 Market Open - Well there goes my price target. I guess at this point it might go up to 293 again, but will need a lot of momentum to push back there to 300. Seems like this is being driven by oil prices skyrocketing.
5/5 3:50PM - Volume for the upwards price action had very little volume behind it. Seeing a selloff EOD today, could go either way although I have a bearish bias. Going to hold cash until it goes towards one end of the 274-293 channel (see last week's thesis). Still believe that we will see it drop below 274 next week, but we might be moving sideways in the channel this week and a bit of next week before that happens. Plan for tomorrow is buy short dated puts if open < 285. Otherwise, wait till it goes to 293 before buying those puts
5/5 6PM - What we saw today could be a false breakout above 284. Need tomorrow to open below 285 for that to be confirmed. If so, my original thesis of it going back down to 274 before bouncing back up will still be in play.
5/6 EOD - Wasn't a false breakout. Looks like it's still forming the head-and-shoulders pattern mentioned before, but 288 instead of 284 as the level. Still not sure yet so I'm personally going to be holding cash and waiting this out for the next few days. Will enter into short positions if we either go near 293 again or drop below 270. Might look into VIX calls if VIX goes down near 30.
5/7 Market Open - Still waiting. If we break 289 we're probably heading to 293. I'll make my entry to short positions when we hit that a second time. There's very little bullish momentum left (see MACD 1D), so if we hit 293 and then drop back down, we'll have a MACD crossover event which many traders and algos use as a sell signal. Oil is doing some weird shit.
5/7 Noon - Looks like we're headed to 293. Picked up VIX 32.5c 5/27 since VIX is near 30.
5/7 11PM - /ES is hovering right above 2910, with 4h and 1h charts are bullish from MACD and 1h is almost overbought in RSI. Unless something dramatic happens we'll probably hit near 293 tomorrow, which is where I'll get some SPY puts. We might drop down before ever touching it, or go all the way to 295 (like last time) during the day, but expecting it to close at or below 293. After that I'm expecting a gap down Monday as we start the final leg down next week towards 274. Expecting 1D MACD to crossover in the final leg down, which will be a signal for bears to take over and institutions / day traders will start selling again
5/8 Market Open - Plan is to wait till a good entry today, either when technicals looks good or we hit 293, and then buy some SPY June 285p and July 275p
5/8 Noon - Everything still going according to plan. Most likely going to slowly inch towards 293 by EOD. Will probably pick up SPY puts and more VIX calls at power hour (3 - 4PM). Monday will probably gap down, although there's a small chance of one more green / sideways day before that happens if we have bullish catalysts on the weekend.
5/8 3:55PM - SPY at 292.60. This is probably going to be the closest we get to 293. Bought SPY 290-260 6/19 debit spreads and 292-272 5/15 debit spreads, as well as doubling down on VIX calls from yesterday, decreasing my cost basis. Still looks like there's room for one more green day on Monday, so I left some money on the side to double down if that's the case, although it's more likely than not we won't get there.
5/8 EOD - Looks like we barely touched 293 exactly AH before rebounding down. Too bad you can't buy options AH, but more convinced we'll see a gap down on Monday. Going to work on another post over the weekend and do my updates there. Have a great weekend everyone!
submitted by ASoftEngStudent to wallstreetbets [link] [comments]

Prepping for a Financial crisis / hyperinflation.

So what can we do about it? Any ideas are welcome.
It has a lot of "what if's"... It depends how tax and law play out with it.Historically speaking:
  1. -I stock bulk diesel for my cars while following historical averages to buy cheap.
  2. -Rotating food stock
  3. -Extra maintenance items, including the big things like a roof on your home if its coming time. Not joking I have a spare water heater and backup heating options, along with minor parts and filters to fix them. Same with cars and engines, (spark plugs, filters (all different filters), oil, cheap sensors that usually go bad and are only 4-10$ each, 1-2 extra alternator per vehicle, belts, mowing belts, bearings, grease, ... and I've literally had to use everything on that list and reorder.)
  1. -Security, Locks, Alarms, Cameras, people steal.
  2. A deep freezer for instance can stock food you use and buy on sale.
  3. Solar energy and solar heating supplements energy you use anyways
  4. Rainwater can be collected and used rather than buying from a source.
  5. A cooking gadget vs eating out.
  6. Tools and learning to fix things vs hire.
  7. House insulation.-Better insulative windows, and sealing.
  8. Geo-Thermal
  9. Gardening
  10. Bidet on toilet (lol serious though...)
  11. Backup power
  12. Your education can be a huge one, not just for prepping but also in your work.
  13. Things that prevent rot, fire, flood / humidity, or failure. Humidity is a silent killer to many preps. (water sump pumps, dehumidifiers, leak prevention, fire extinguishers / sprinklers, )
submitted by AntiSonOfBitchamajig to preppers [link] [comments]

What will undoubtedly happen from a macroeconomic (big picture) perspective... idiots

OKAY. So demand has been reduced dramatically around the world, our $21 trillion GDP has basically been paused for 2 months, so to keep it afloat (rough math), the government had to add $3.5 trillion to keep the economy running somewhat smoothly. That's a lot of printing, you idiots probably expect inflation. Wrong, step away from the US and look at what other countries are doing, the ECB (European Central Bank) and BOJ (Bank of Japan) are having to print trillions of dollars worth of EURO and YEN to keep their economies going, along with every other country getting pounded. Not only that, but since the US dollar makes up 70% of global transactions, in liquidity terms, trillions worth of euro and yen is MUCH MUCH more than any amount Jpow feels like printing, there's no way our printing could offset what the rest of the world is doing, so inflation isn't coming. If you want proof, just look at the euro/usd (going lower) and literally ANY emerging market currency is getting absolutely clapped vs the dollar.

Furthermore, not only is US corporate debt at an all time high, but emerging markets, the eurozone, and asia has borrowed more dollars than ever before at any point in history, basically everyone around the world's debt is denominated in US DOLLARS. So what's about to happen? It's already happening, demand for US dollars is going up because everyone around the world wants to borrow more to offset cash flow concerns and pay off existing debts, which will cause the dollar to increase in value. What happens when the whole world has debt in dollars and the dollar goes up in value? DEBT BECOMES MORE EXPENSIVE. This is DEFLATION, and in particular and even more terrifying DEBT DEFLATION, a phrase that would make Jpow absolutely shit himself (and he knows its coming). This has already started before the whole beervirus nonsense, look at Venezuela and Zimbabwe, they had too much dollar debt, no one wanted to lend to them anymore and whoops, their currency is worthless now. It's going to be like a game of musical chairs for people trying to get access to dollars, starting with emerging markets and eventually moving into the more developed economies. The result: massive corporate bankruptcies, countries defaulting on debt (devaluing their currencies) and eventually a deleveraging of massive proportions. This WILL occur and no amount of printing can stop it, it's already too far gone.

It doesn't matter what the stock market does, other markets around the world will be fucked, honestly it might cause the market to go up because of all the money fleeing other countries trying to find a safe place to live. Here are the plays assholes. TLT will go up because no matter what Jpow says, he doesn't control the fed funds rate, the market does, and US treasury bond yields have already priced in bonds going negative. CPI shows that we may see up to -3% inflation (3% deflation), meaning at .25% fed funds rate, the REAL rate is 3.25%, that is the worst thing possible during a deleveraging because it makes it harder to stimulate the economy, the fed has no choice, rates MUST go lower. Rates go lower, bond prices go up, TLT 12/18 $205c. Remember how I said scared foreign money will want to find a nice safe place to go when we go into the biggest debt crisis the world has seen in over 300 years? GLD 12/18 $240c. Finally, the dollar will rise in value as well so UUP 12/18 $28c.

As far the actual market, we hit a high of SPY 339.08 in February, fell to a low of 218.26 by mid March, and have since then retraced EXACTLY to the 61.8% Fibonacci retracement level at 290, and started to bounce lower from there. I'm no technical analyst, but I do know history. During the greatest crashes in stock market history, 1929, 2001, 2008, the Nikkei in 1989 (Japan) this exact same thing happened, market got scared and fell to lows, then smoked that good hopium for a few weeks or month to retrace between 50% and 61.8% back to previews highs, then absolutely fell off a cliff. If you don't believe me, go look at the charts. Now, I'm personally not going to be betting on the US market falling because of the fact that its just straight up not reflecting reality and there are much better ways to trade on what's occurring (see trades above), but I PROMISE, that we will not be seeing new highs at any point any time soon.

TLDR; The world is going to shit due to the dollars over-dominance of the world market, we will soon see the worst deleveraging in human history, and may very well have to come up with a new fiat money system (probably not bitcoin, but it wouldn't hurt to have some). TLT 12/18 $205c, GLD 12/18 $240c, and UUP 12/18 $28c. If you wanna be an autist and buy weeklys, I can't help you, but I basically just gave you the next big short, so you're welcome.

DISCLAIMER: I didn't say what price to buy at for a reason, timing is extremely important for trades like this, so don't FOMO in and overpay, you will get clapped.
submitted by Rezuwrecked_ to wallstreetbets [link] [comments]

How I plan to identify and sell the top of the next market cycle.

In this post I will share with you some of the strategies I will use to identify the next market cycle top so I can sell for maximum profits (and of course buy back in later in the subsequent bear market!) In the first part of this post I will discuss the resources I will use and in the second part I will discuss tactics in selling and risk management.

Indicators

As the bull run begins to drag on and the price of ETH starts getting closer and closer to $10k I will begin to start watching many of the data science charts over at Look into Bitcoin. This will not be the only source I will use since there are great custom tools on TradingView too as well as more subjective indicators such as friends and family talking crypto and hearing about crypto again in the mainstream media. I’d also like to note that many of the indicators I will be looking at will be Bitcoin focused despite my ETH centred portfolio. Like it or not, this market is still Bitcoin dominated and despite the many proponents of an ETH flippening (myself included), it is quite likely that we will not see it this cycle due to the macro investing environment favouring assets which are good stores of value to weather the uncertainty. Ultimately, Bitcoin has the best store of value meme in crypto and that will be very powerful in the coming years.
I think it is likely that the time for Ethereum or a network like Ethereum with a yielding asset (ETH under ETH 2.0) and a native economy of DeFi, DApps, NFTs and much more will be once all of the stock market uncertainty is over and investors are ready to take on more risk again. I am of course still expecting Ethereum and altcoins to outperform Bitcoin this cycle. However, I think that Bitcoin losing the number 1 spot will be more likely to happen between 2023 and 2030 rather than in the next 2-3 years. I hope I am wrong though.
While most of the indicators on Looking into Bitcoin are useful, I will list the ones I’ll be focusing on the most here:
And finally my favourite, the Golden Ratio Multiplier. This indicator has been remarkably accurate at predicting tops using the golden ratio (1.6) and the fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21) multiplied by the 350 day moving average. With each market cycle, the 350 day moving average is multiplied by the next number down in the fibonacci sequence. For example, the 2013 peak only just passed above the 350 day moving average multiplied by 8 and the 2017 bull market just touched the 350 day moving average multiplied by 5. So if this indicator is to work in the next cycle, we can expect the price to slightly exceed 3 times the value of the 350 day moving average. This indicator also worked for Ethereum in the 2017 bull run. While there is no graph for it, on the 13th of January, when ETH hit a peak of $1,419, the 350 day moving average was at $270. $270 multiplied by 5 is $1,350. If you sold at $1,350 you sold incredibly close to the top and I don’t think that any macro traders/long term traders would complain about that timing.
I’d like to note that while indicators like the Golden Ratio Multiplier factors in for less explosive growth each cycle, not all of the above indicators do. So be cautious of this when you think the peak is near as it may be closer than you think. In saying that, there is a lot of luck involved so I should also point out that it also might not be closer than you think. However, it would be better to sell before the peak at say $10,000/BTC as of 2017 than to be left holding all of your crypto when the bear market begins since Bitcoin didn’t spend much time above $10,000/BTC after the $20K peak. Ultimately it is up to you to decide your risk appetite and how well you want to try and time the market. For me, I will definitely be on the conservative side so that I don’t miss the boat completely and hopefully I will be able to sell most of my crypto just before we peak rather than afterwards.

Risk Management

Since timing the top requires a lot of luck, a good method of mitigating the risk is to spread out when you sell. I’m going to share with you my personal strategy but I recommend that you create your own strategy or use this as a basis from which you can use to adjust and tweak it to optimally suit your situation. If you have a large stack, you will probably want to sell early since you might not need such spectacular gains to lock in some life changing money. On the other hand, if you have a smaller stack or if you are younger, you can afford to take more risk and might want to try and time the absolute peak a bit better to get that much closer to making some life changing money. Personally, while my stack isn’t very big in dollar terms, it is a significant % of my net worth and so I don’t have a high risk tolerance with it (at least relative to other people in crypto!) For this reason I will be selling a little bit on the early side.
My plan has three pots of crypto. 20% of my crypto I will hold indefinitely since I very strongly believe in the long term prospect of ETH and BTC as investments. This way if I time the markets terribly, I will always have some skin in the crypto game. The second pot of crypto is 40% which I will sell on the way up to take some profits and I don’t intend on putting this money back into crypto. Initially I will be selling very small amounts of this 40% and as the indicators listed above get closer and closer to calling a top, I will sell larger proportions of this crypto. I haven’t set specific target numbers since things change fast in this space and I feel like the best decisions in this case are made in the moment. For example, estimating a market top is hard when it is 2-3 years away, but it is much easier when it is just months or weeks away. Once again, this is just personal preference. Many of you will find that setting targets now makes it easier for you to pull the trigger and take some profits when everyone else is calling $1M BTC while it is at $100K or calling for $100K ETH when the current price might be $10K.
Finally, the last 40% I will sell all at once when I feel like we are at the top and I am confident that the price will be lower a year on from that point in time. With this 40% I will try and buy back during the bear market with the help of many of the same indicators I listed above from Look into Bitcoin. I will also use some indicators which I didn’t mention above since some are better designed at identifying market bottoms. My goal is to be able to buy back the number of BTC and ETH I held before I sold anything with this 40% (plus the 20% I didn’t sell). This is a big ask but it is better in life to set hard goals that seem unattainable or unrealistic than it is to set easy goals.
To summarise my portfolio strategy, 20% of my portfolio is an indefinite hold, 40% I will sell on the way up and I do not intend on buying back into crypto with this money so I can avoid being over-exposed to crypto. The last 40% I will use to try and sell the top and buy the bottom.

Closing Notes

As a closing note I would like to say that it will be important to be aware of the power of greed and FOMO. Do not under-estimate these emotions and try to remain a grounded and rational investor. Don’t be scared to take profits. I know from experience trading altcoins that it is better to exit a position early and miss out on another 100% price increase than it is to hold through a bear market and take >90% losses. If you go into this bullrun telling yourself you will take profits on the way up, you will have no reason to regret any early sales since you will know that you made a rational trade and not an emotional trade.
submitted by Tricky_Troll to ethfinance [link] [comments]

How I plan to identify and sell the top of the next market cycle.

In this post I will share with you some of the strategies I will use to identify the next market cycle top so I can sell for maximum profits (and of course buy back in later in the subsequent bear market!) In the first part of this post I will discuss the resources I will use and in the second part I will discuss tactics in selling and risk management.

Indicators

As the bull run begins to drag on and the price of ETH starts getting closer and closer to $10k I will begin to start watching many of the data science charts over at Look into Bitcoin. This will not be the only source I will use since there are great custom tools on TradingView too as well as more subjective indicators such as friends and family talking crypto and hearing about crypto again in the mainstream media. I’d also like to note that many of the indicators I will be looking at will be Bitcoin focused despite my ETH centred portfolio. Like it or not, this market is still Bitcoin dominated and despite the many proponents of an ETH flippening (myself included), it is quite likely that we will not see it this cycle due to the macro investing environment favouring assets which are good stores of value to weather the uncertainty. Ultimately, Bitcoin has the best store of value meme in crypto and that will be very powerful in the coming years.
I think it is likely that the time for Ethereum or a network like Ethereum with a yielding asset (ETH under ETH 2.0) and a native economy of DeFi, DApps, NFTs and much more will be once all of the stock market uncertainty is over and investors are ready to take on more risk again. I am of course still expecting Ethereum and altcoins to outperform Bitcoin this cycle. However, I think that Bitcoin losing the number 1 spot will be more likely to happen between 2023 and 2030 rather than in the next 2-3 years. I hope I am wrong though.
While most of the indicators on Looking into Bitcoin are useful, I will list the ones I’ll be focusing on the most here:
And finally my favourite, the Golden Ratio Multiplier. This indicator has been remarkably accurate at predicting tops using the golden ratio (1.6) and the fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21) multiplied by the 350 day moving average. With each market cycle, the 350 day moving average is multiplied by the next number down in the fibonacci sequence. For example, the 2013 peak only just passed above the 350 day moving average multiplied by 8 and the 2017 bull market just touched the 350 day moving average multiplied by 5. So if this indicator is to work in the next cycle, we can expect the price to slightly exceed 3 times the value of the 350 day moving average. This indicator also worked for Ethereum in the 2017 bull run. While there is no graph for it, on the 13th of January, when ETH hit a peak of $1,419, the 350 day moving average was at $270. $270 multiplied by 5 is $1,350. If you sold at $1,350 you sold incredibly close to the top and I don’t think that any macro traders/long term traders would complain about that timing.
I’d like to note that while indicators like the Golden Ratio Multiplier factors in for less explosive growth each cycle, not all of the above indicators do. So be cautious of this when you think the peak is near as it may be closer than you think. In saying that, there is a lot of luck involved so I should also point out that it also might not be closer than you think. However, it would be better to sell before the peak at say $10,000/BTC as of 2017 than to be left holding all of your crypto when the bear market begins since Bitcoin didn’t spend much time above $10,000/BTC after the $20K peak. Ultimately it is up to you to decide your risk appetite and how well you want to try and time the market. For me, I will definitely be on the conservative side so that I don’t miss the boat completely and hopefully I will be able to sell most of my crypto just before we peak rather than afterwards.

Risk Management

Since timing the top requires a lot of luck, a good method of mitigating the risk is to spread out when you sell. I’m going to share with you my personal strategy but I recommend that you create your own strategy or use this as a basis from which you can use to adjust and tweak it to optimally suit your situation. If you have a large stack, you will probably want to sell early since you might not need such spectacular gains to lock in some life changing money. On the other hand, if you have a smaller stack or if you are younger, you can afford to take more risk and might want to try and time the absolute peak a bit better to get that much closer to making some life changing money. Personally, while my stack isn’t very big in dollar terms, it is a significant % of my net worth and so I don’t have a high risk tolerance with it (at least relative to other people in crypto!) For this reason I will be selling a little bit on the early side.
My plan has three pots of crypto. 20% of my crypto I will hold indefinitely since I very strongly believe in the long term prospect of ETH and BTC as investments. This way if I time the markets terribly, I will always have some skin in the crypto game. The second pot of crypto is 40% which I will sell on the way up to take some profits and I don’t intend on putting this money back into crypto. Initially I will be selling very small amounts of this 40% and as the indicators listed above get closer and closer to calling a top, I will sell larger proportions of this crypto. I haven’t set specific target numbers since things change fast in this space and I feel like the best decisions in this case are made in the moment. For example, estimating a market top is hard when it is 2-3 years away, but it is much easier when it is just months or weeks away. Once again, this is just personal preference. Many of you will find that setting targets now makes it easier for you to pull the trigger and take some profits when everyone else is calling $1M BTC while it is at $100K or calling for $100K ETH when the current price might be $10K.
Finally, the last 40% I will sell all at once when I feel like we are at the top and I am confident that the price will be lower a year on from that point in time. With this 40% I will try and buy back during the bear market with the help of many of the same indicators I listed above from Look into Bitcoin. I will also use some indicators which I didn’t mention above since some are better designed at identifying market bottoms. My goal is to be able to buy back the number of BTC and ETH I held before I sold anything with this 40% (plus the 20% I didn’t sell). This is a big ask but it is better in life to set hard goals that seem unattainable or unrealistic than it is to set easy goals.
To summarise my portfolio strategy, 20% of my portfolio is an indefinite hold, 40% I will sell on the way up and I do not intend on buying back into crypto with this money so I can avoid being over-exposed to crypto. The last 40% I will use to try and sell the top and buy the bottom.

Closing Notes

As a closing note I would like to say that it will be important to be aware of the power of greed and FOMO. Do not under-estimate these emotions and try to remain a grounded and rational investor. Don’t be scared to take profits. I know from experience trading altcoins that it is better to exit a position early and miss out on another 100% price increase than it is to hold through a bear market and take >90% losses. If you go into this bullrun telling yourself you will take profits on the way up, you will have no reason to regret any early sales since you will know that you made a rational trade and not an emotional trade.
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For Trading September 16th

D.O.J. Joins the Inquiry on Nikola
FDX & ADBE BEAT
IPOB GETS A COMPANY
Today’s market started off with another rally but got tired and the DJIA barely stayed positive on the day. After dipping into the red, the DJIA managed to close +2.27 (.04%) while the NASDAQ ran the show finishing +133.67 (1.21%), S&P 500 +17.66 (.52%), the Russell +1.18, and the DJ Transports +96.12 (.84%). Internals were barely positive at 1.2:1 on both NYSE and NASDAQ with average volume. The DJIA was split 16 up, 12 down with 2, (MRK and PG) unchanged. The biggest winners were HD and CRM both adding 33 DP’s and the losers, CAT -32, PG and GS both lower by 22 DPs.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TUESDAY’S RADIO SHOW: https://youtu.be/DK2hmC0GXFk With my guest: Dennis Marlow!
Tonight’s closing comment video: https://youtu.be/OitvPWK2_mg
SECTORS: We started off the day with both Import and Export prices coming in slightly hotter than projected, Empire State manufacturing gaining 17% vs. 5.9 expected and industrial production missing on the downside at +.4% from a 1% expectations, and capacity utilization increasing to 71.4% just under the 71.7% estimate.
One of our holdings, IPOB.U, Social Capital Hedosophia Holdings, a SPAC run by Chamath Palihapitiya (also did the deal for Virgin Galactic) is taking OpenDoor into its structure and it was a big hit, having closed $14.19 and opening @ $17.24, trading as high as $19.75 before closing $19.14 +4.95 (34.88%). We’ll see how the public likes the deal as things develop, but Palihapitiya has an excellent reputation for building value. After the close we had earnings from FDX and ADBE and both beat both earnings and revenues and were rewarded. ADBE had closed $497.67 +11.76 traded up to $522 and was $508.50 +22.59; FDX closed $236.67 +.33 and traded up to $260.33 before finishing $257 +20.63.
Nikola attracted a bit more unwelcome attention with the AG in New York and the D.O.J. both joining the SEC in their inquiry of the company’s claims made to investors and the public about where they were in the development of their Hydrogen fuel cell driven trucks. The stock, which traded as high as $93.99 fell back to under $30 and rallied up to $54.56 just last week on statements from its founder and a deal with General Motors. This was before 2 research reports calling into question the validity of claims made and the SEC investigation pressured the stock lower. It closed $30.78 -5.01 (14%) today.
FOOD SUPPLY CHAIN was LOWER with TSN -.31, BGS -.74, FLO unch., CPB -.30, CAG -.02, MDLZ +.08, KHC +.46, CALM -.13, SAFM -.02, HRL -.44, SJM -1.06, PPC +.06, KR -.09, and PBJ $33.13 -.18 (.54%).
BIOPHARMA was HIGHER with BIIB +2.03, ABBV +.61, REGN +14.33, ISRG -.77, GILD -.14, MYL +.34, TEVA +.07, VRTX +2.43, BHC +.35, INCY -1.06, ICPT -.17, LABU +1.67, and IBB $136.07 +1.36 (1.01%). CANNABIS: was MIXED with TLRY +.02, CGC -.01, CRON -.02, GWPH +1.46, ACB -.08, NBEV -.04, CURLF +.10, KERN -.06 and MJ $11.36 +.06 (.53%).
DEFENSE: was LOWER with LMT -1.20, GD -2.33, TXT -.26, NOC -.43, BWXT -.24, TDY -2.18, RTX -.59, and ITA $164.66 -1.19 (.72%).
RETAIL: was MIXED with M -.25, JWN -.30, KSS -.17, DDS -.29, WMT +.81, TGT +.91, TJX +1.51, RL +.03, UAA -.08, LULU +2.18, TPR -.47, CPRI +2.00, and XRT $50.90 -.04 (.08%).
FAANG & MEGA-CAP were HIGHER with GOOGL +20.96, AMZN +54.16, AAPL -.50, FB -2.08, NFLX +21.26, NVDA +5.21, TSLA +29.93, BABA +4.49, BIDU +2.61, CRM +5.56, CMG +10.17, BA -1.75, CAT -4.01, DIS +.17, and XLK $116.50 +1.17 (1.01%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS -2.94, JPM -2.96, BAC -.47, MS -.70, C -3.12, PNC -3.43, AIG -.42, TRV -2.31, AXP -.59, V +.52, and XLF $24.72 -.33 (1.32%).
OIL, $38.28 +1.02, Oil was quiet and drifted all day. I am looking for about another $1.00 or so before I would consider buying it for a bounce. The stocks were mixed with XLE $32.68 -.19 (.58%).
GOLD $1,966.20 +2.50 opened higher but gave up most of the gains and while it did close up on the day, it was near the lows. I did a short update video Wed: https://youtu.be/KJgk-wmVJ4U I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $2.36.
BITCOIN: closed $10,815 +110. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.95 +.10 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

Author: Christian Hsieh, CEO of Tokenomy
This paper examines some explanations for the continual global market demand for the U.S. dollar, the rise of stablecoins, and the utility and opportunities that crypto dollars can offer to both the cryptocurrency and traditional markets.
The U.S. dollar, dominant in world trade since the establishment of the 1944 Bretton Woods System, is unequivocally the world’s most demanded reserve currency. Today, more than 61% of foreign bank reserves and nearly 40% of the entire world’s debt is denominated in U.S. dollars1.
However, there is a massive supply and demand imbalance in the U.S. dollar market. On the supply side, central banks throughout the world have implemented more than a decade-long accommodative monetary policy since the 2008 global financial crisis. The COVID-19 pandemic further exacerbated the need for central banks to provide necessary liquidity and keep staggering economies moving. While the Federal Reserve leads the effort of “money printing” and stimulus programs, the current money supply still cannot meet the constant high demand for the U.S. dollar2. Let us review some of the reasons for this constant dollar demand from a few economic fundamentals.

Demand for U.S. Dollars

Firstly, most of the world’s trade is denominated in U.S. dollars. Chief Economist of the IMF, Gita Gopinath, has compiled data reflecting that the U.S. dollar’s share of invoicing was 4.7 times larger than America’s share of the value of imports, and 3.1 times its share of world exports3. The U.S. dollar is the dominant “invoicing currency” in most developing countries4.

https://preview.redd.it/d4xalwdyz8p51.png?width=535&format=png&auto=webp&s=9f0556c6aa6b29016c9b135f3279e8337dfee2a6

https://preview.redd.it/wucg40kzz8p51.png?width=653&format=png&auto=webp&s=71257fec29b43e0fc0df1bf04363717e3b52478f
This U.S. dollar preference also directly impacts the world’s debt. According to the Bank of International Settlements, there is over $67 trillion in U.S. dollar denominated debt globally, and borrowing outside of the U.S. accounted for $12.5 trillion in Q1 20205. There is an immense demand for U.S. dollars every year just to service these dollar debts. The annual U.S. dollar buying demand is easily over $1 trillion assuming the borrowing cost is at 1.5% (1 year LIBOR + 1%) per year, a conservative estimate.

https://preview.redd.it/6956j6f109p51.png?width=487&format=png&auto=webp&s=ccea257a4e9524c11df25737cac961308b542b69
Secondly, since the U.S. has a much stronger economy compared to its global peers, a higher return on investments draws U.S. dollar demand from everywhere in the world, to invest in companies both in the public and private markets. The U.S. hosts the largest stock markets in the world with more than $33 trillion in public market capitalization (combined both NYSE and NASDAQ)6. For the private market, North America’s total share is well over 60% of the $6.5 trillion global assets under management across private equity, real assets, and private debt investments7. The demand for higher quality investments extends to the fixed income market as well. As countries like Japan and Switzerland currently have negative-yielding interest rates8, fixed income investors’ quest for yield in the developed economies leads them back to the U.S. debt market. As of July 2020, there are $15 trillion worth of negative-yielding debt securities globally (see chart). In comparison, the positive, low-yielding U.S. debt remains a sound fixed income strategy for conservative investors in uncertain market conditions.

Source: Bloomberg
Last, but not least, there are many developing economies experiencing failing monetary policies, where hyperinflation has become a real national disaster. A classic example is Venezuela, where the currency Bolivar became practically worthless as the inflation rate skyrocketed to 10,000,000% in 20199. The recent Beirut port explosion in Lebanon caused a sudden economic meltdown and compounded its already troubled financial market, where inflation has soared to over 112% year on year10. For citizens living in unstable regions such as these, the only reliable store of value is the U.S. dollar. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela has become one of the most active cryptocurrency trading countries11. The demand for cryptocurrency surges as a flight to safety mentality drives Venezuelans to acquire U.S. dollars to preserve savings that they might otherwise lose. The growth for cryptocurrency activities in those regions is fueled by these desperate citizens using cryptocurrencies as rails to access the U.S. dollar, on top of acquiring actual Bitcoin or other underlying crypto assets.

The Rise of Crypto Dollars

Due to the highly volatile nature of cryptocurrencies, USD stablecoin, a crypto-powered blockchain token that pegs its value to the U.S. dollar, was introduced to provide stable dollar exposure in the crypto trading sphere. Tether is the first of its kind. Issued in 2014 on the bitcoin blockchain (Omni layer protocol), under the token symbol USDT, it attempts to provide crypto traders with a stable settlement currency while they trade in and out of various crypto assets. The reason behind the stablecoin creation was to address the inefficient and burdensome aspects of having to move fiat U.S. dollars between the legacy banking system and crypto exchanges. Because one USDT is theoretically backed by one U.S. dollar, traders can use USDT to trade and settle to fiat dollars. It was not until 2017 that the majority of traders seemed to realize Tether’s intended utility and started using it widely. As of April 2019, USDT trading volume started exceeding the trading volume of bitcoina12, and it now dominates the crypto trading sphere with over $50 billion average daily trading volume13.

https://preview.redd.it/3vq7v1jg09p51.png?width=700&format=png&auto=webp&s=46f11b5f5245a8c335ccc60432873e9bad2eb1e1
An interesting aspect of USDT is that although the claimed 1:1 backing with U.S. dollar collateral is in question, and the Tether company is in reality running fractional reserves through a loose offshore corporate structure, Tether’s trading volume and adoption continues to grow rapidly14. Perhaps in comparison to fiat U.S. dollars, which is not really backed by anything, Tether still has cash equivalents in reserves and crypto traders favor its liquidity and convenience over its lack of legitimacy. For those who are concerned about Tether’s solvency, they can now purchase credit default swaps for downside protection15. On the other hand, USDC, the more compliant contender, takes a distant second spot with total coin circulation of $1.8 billion, versus USDT at $14.5 billion (at the time of publication). It is still too early to tell who is the ultimate leader in the stablecoin arena, as more and more stablecoins are launching to offer various functions and supporting mechanisms. There are three main categories of stablecoin: fiat-backed, crypto-collateralized, and non-collateralized algorithm based stablecoins. Most of these are still at an experimental phase, and readers can learn more about them here. With the continuous innovation of stablecoin development, the utility stablecoins provide in the overall crypto market will become more apparent.

Institutional Developments

In addition to trade settlement, stablecoins can be applied in many other areas. Cross-border payments and remittances is an inefficient market that desperately needs innovation. In 2020, the average cost of sending money across the world is around 7%16, and it takes days to settle. The World Bank aims to reduce remittance fees to 3% by 2030. With the implementation of blockchain technology, this cost could be further reduced close to zero.
J.P. Morgan, the largest bank in the U.S., has created an Interbank Information Network (IIN) with 416 global Institutions to transform the speed of payment flows through its own JPM Coin, another type of crypto dollar17. Although people argue that JPM Coin is not considered a cryptocurrency as it cannot trade openly on a public blockchain, it is by far the largest scale experiment with all the institutional participants trading within the “permissioned” blockchain. It might be more accurate to refer to it as the use of distributed ledger technology (DLT) instead of “blockchain” in this context. Nevertheless, we should keep in mind that as J.P. Morgan currently moves $6 trillion U.S. dollars per day18, the scale of this experiment would create a considerable impact in the international payment and remittance market if it were successful. Potentially the day will come when regulated crypto exchanges become participants of IIN, and the link between public and private crypto assets can be instantly connected, unlocking greater possibilities in blockchain applications.
Many central banks are also in talks about developing their own central bank digital currency (CBDC). Although this idea was not new, the discussion was brought to the forefront due to Facebook’s aggressive Libra project announcement in June 2019 and the public attention that followed. As of July 2020, at least 36 central banks have published some sort of CBDC framework. While each nation has a slightly different motivation behind its currency digitization initiative, ranging from payment safety, transaction efficiency, easy monetary implementation, or financial inclusion, these central banks are committed to deploying a new digital payment infrastructure. When it comes to the technical architectures, research from BIS indicates that most of the current proofs-of-concept tend to be based upon distributed ledger technology (permissioned blockchain)19.

https://preview.redd.it/lgb1f2rw19p51.png?width=700&format=png&auto=webp&s=040bb0deed0499df6bf08a072fd7c4a442a826a0
These institutional experiments are laying an essential foundation for an improved global payment infrastructure, where instant and frictionless cross-border settlements can take place with minimal costs. Of course, the interoperability of private DLT tokens and public blockchain stablecoins has yet to be explored, but the innovation with both public and private blockchain efforts could eventually merge. This was highlighted recently by the Governor of the Bank of England who stated that “stablecoins and CBDC could sit alongside each other20”. One thing for certain is that crypto dollars (or other fiat-linked digital currencies) are going to play a significant role in our future economy.

Future Opportunities

There is never a dull moment in the crypto sector. The industry narratives constantly shift as innovation continues to evolve. Twelve years since its inception, Bitcoin has evolved from an abstract subject to a familiar concept. Its role as a secured, scarce, decentralized digital store of value has continued to gain acceptance, and it is well on its way to becoming an investable asset class as a portfolio hedge against asset price inflation and fiat currency depreciation. Stablecoins have proven to be useful as proxy dollars in the crypto world, similar to how dollars are essential in the traditional world. It is only a matter of time before stablecoins or private digital tokens dominate the cross-border payments and global remittances industry.
There are no shortages of hypes and experiments that draw new participants into the crypto space, such as smart contracts, new blockchains, ICOs, tokenization of things, or the most recent trends on DeFi tokens. These projects highlight the possibilities for a much more robust digital future, but the market also needs time to test and adopt. A reliable digital payment infrastructure must be built first in order to allow these experiments to flourish.
In this paper we examined the historical background and economic reasons for the U.S. dollar’s dominance in the world, and the probable conclusion is that the demand for U.S. dollars will likely continue, especially in the middle of a global pandemic, accompanied by a worldwide economic slowdown. The current monetary system is far from perfect, but there are no better alternatives for replacement at least in the near term. Incremental improvements are being made in both the public and private sectors, and stablecoins have a definite role to play in both the traditional and the new crypto world.
Thank you.

Reference:
[1] How the US dollar became the world’s reserve currency, Investopedia
[2] The dollar is in high demand, prone to dangerous appreciation, The Economist
[3] Dollar dominance in trade and finance, Gita Gopinath
[4] Global trades dependence on dollars, The Economist & IMF working papers
[5] Total credit to non-bank borrowers by currency of denomination, BIS
[6] Biggest stock exchanges in the world, Business Insider
[7] McKinsey Global Private Market Review 2020, McKinsey & Company
[8] Central banks current interest rates, Global Rates
[9] Venezuela hyperinflation hits 10 million percent, CNBC
[10] Lebanon inflation crisis, Reuters
[11] Venezuela cryptocurrency market, Chainalysis
[12] The most used cryptocurrency isn’t Bitcoin, Bloomberg
[13] Trading volume of all crypto assets, coinmarketcap.com
[14] Tether US dollar peg is no longer credible, Forbes
[15] New crypto derivatives let you bet on (or against) Tether’s solvency, Coindesk
[16] Remittance Price Worldwide, The World Bank
[17] Interbank Information Network, J.P. Morgan
[18] Jamie Dimon interview, CBS News
[19] Rise of the central bank digital currency, BIS
[20] Speech by Andrew Bailey, 3 September 2020, Bank of England
submitted by Tokenomy to tokenomyofficial [link] [comments]

For Trading August 23th

For Trading August 13th
TSLA $1,554 +180 (13%)
GOLD / SILVER Recover
CSCO & LYFT MISS #s
Today’s market got off to a slightly higher start on the combination of CPI data and the futures, with all major indexes higher. The NASDAQ was the leader, by far, gaining almost the same point value as the DJIA on an index 60% smaller. At the close the DJIA was +289.93 (1.05%), NASDAQ +229.42 (2.13%), S&P 500 +46.66 (1.4%), the Russell +8.15 (.52%), and the DJ Transports +46.57 (.43%). Market internals were weak with the NYSE only 9:5 UP and the NASDAQ 9:7, and lower volume than yesterday. The DJIA was the same as yesterday, 23:7 but almost the entire gain was in 4 names, AAPL +100DP’s, HD & UNH +46 each, and MSFT +40DP’s while on the downside we had BA-32 and AXP -10DP’s.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also did this video over the weekend on a day-trade, (actually 2) that I made in AAPL on Friday. I think it’s highly informative as a guide to under what conditions these kind of trades in expiring options make sense. The link is https://youtu.be/qIV0G-hP3aM Enjoy!!
Tonight’s closing comment video https://youtu.be/3T8DnUEKNaY SECTORS: We didn’t have much corporate news today but after the close we had earnings from both CSCO and LYFT with both reporting losses and giving poor guidance. LYFT in particular was just full of bad news telling shareholders that if the Court of Appeals did not strike down the State of California’s ruling that requires their drivers to be considered employees, that they would suspend all operations in Calif., 16% of their total rideshare business. The stock, already down from its high of $88.60 traded as low as $29.75 and is currently $30.10 -.42. Cisco (CSCO) reported a loss and gave poor guidance and this is the glaring difference between “Old” tech and “New” tech. While CSCO has fallen from an all-time high of $76, and a recent high of $58 to close today $48.10 + .91, it traded down to $44.77 and is $45.04 -3.05 or 6.34%. “New” tech stocks like AMD, NVDA, and AVGO are all at new all-time highs and up triple-digits this year. The biggest news of the late day was the announcement that TESLA (TSLA) declared a 5:1 stock split. While this is really just straight arithmetic, it does create some demand for the shares now, since when the stock split becomes effective at the end of August you would have 5 times the shares at 1/5 of the price. But it does promote the purchase of “round lots” as opposed to “odd lots.” Does it really increase demand? Not really, but most stocks (like AAPL) do seem to rise on the news. TSLA certainly did, closing $1,554,76 +180.37 (13.1%). FOOD SUPPLY CHAIN was HIGHER with TSN +.54, BGS +.53, FLO +.34, CPB +1.19, CAG +.75, MDLZ +.83, KHC +.72, CALM +.23, JJSF +.39, SAFM +.35, HRL +.62, SJM +2.25, PPC -.15, KR +.24, and PBJ $33.89 +.57 (1.69%).
BIOPHARMA was HIGHER with BIIB +3.28, ABBV +2.63, REGN +13.49, ISRG +8.09, GILD +.74, MYL -.34, TEVA -.03, VRTX +8.04, BHC -.23, INCY +1.24, ICPT +.86, LABU +.41, and IBB $134.45 +2.57 (1.95%). CANNABIS: was LOWER with TLRY -.03, CGC +.32, CRON +.20, GWPH -.80, ACB -.17, NBEV -.01, CURLF +.23, KERN -.16, and MJ $12.78 +.12 (.95%).
DEFENSE: was LOWER with LMT + .48, GD -3.60, TXT -.49, NOC -3.12, BWXT -.72, TDY +.23, RTX +.32, and ITA $170.92 -1.22 (.71%).
RETAIL: was HIGHER with M +.02, JWN +.05, KSS +.19, DDS -1.69, WMT +1.65, TGT +2.88, TJX +.01, RL -.40, UAA -.08, LULU +9.38, TPR +.17, CPRI +.05, and XRT $51.06 +.40 (.79%).
FAANG and Big Cap: were HIGHER with GOOGL +27.45, AMZN +77.33, AAPL +14.99, FB +3.87, NFLX +8.32, NVDA +22.82, MSFT +5.52, TSLA +190.61, BABA +6.78, BIDU +2.05, CMG +12.05, CAT -.37, BA -4.34, DIS +1.31, XLK $113.47 +2.09 (1.88%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with GS +1.03, JPM -.82, BAC -.21, MS +.57, C -.41, PNC -.47, AIG -1.28, TRV -1.06, AXP -1.59, V +.93, and XLF $25.24 -.07 (.28%).
OIL, $42.67 +1.06. Oil was higher in last night’s trading before we rallied in the morning on news of production cutbacks from Iraq. The stocks were HIGHER with XLE $38.58 +.38 (.99%).
GOLD $1,949 +2.70 was a dramatic sell-off taking the gold down as low as $1,874.00 before a rally back to $1,961. While I like the gold down here, I will have to see how it trades for a day or two. I am still a bull on the metal.
BITCOIN: closed $11,665 +230. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 yesterday. We had added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97, but sold 250 shares today @ $13.93. GBTC closed $13.11 +.56 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

What mistakes should be avoided in the bull crypto market?

What mistakes should be avoided in the bull crypto market?
In the investing world, the terms “bull” and “bear” are often used to describe market conditions. These terms describe the way things are in stock markets in general, that is, whether they rise or decline.
For you as an investor, market direction is the main force that has a huge impact on your portfolio. Therefore, it is important to understand how each of these market conditions can affect your cryptocurrency investment.
What are bull and bear markets?
Bull markets are defined by aggressive market growth over a period of time. As the market starts to grow, people in the stock market become greedier. You can see more and more of them thinking, “Oh yes, let's invest in the market because it is growing.”
The definition of a bear market is the exact opposite of a bull market. It is a market that, quarter after quarter, goes down by about 20 percent. This signals a bear market, and when this happens, people become afraid to invest in the stock market.
What are the advantages of a bear market?
It is important to remember that a bull market is characterized by a general sense of optimism and positive growth, which tends to stimulate greed. A bear market is associated with a general sense of decline, which tends to strike fear into the hearts of shareholders.
[ Life Hack ] When it comes to bull and bear markets, savvy investors often act differently from the investing public and capitalize on their emotions by finding quality stocks at low prices during bear markets and selling these stocks in bull markets after their value has recovered.
Cryptocurrency traders and investors gradually shift from fearing a market crash to hoping for the fast growth of bitcoin and other coins. The bull trend, in other words, a rapid rise in the price of an asset, is the best time to make money in the blockchain industry. However, mistakes are possible even during a bull run.
What mistakes do investors make in the bull crypto market?
1. Belief in the hype. Due to the hype in the media, an investment bubble often appears, which makes cryptocurrency jump in price. As a result, long-term investors sell to make huge profits, leaving other investors with stocks that will not be profitable.
2. Using the wrong exchange. It is a simple one. However, many investors choose an exchange without learning more about its fees or practices. High fees mean lower profit margins.
As an investor, you want to look for safe exchanges with low fees to make your portfolio more profitable.
3. Security. A recurring problem is that investors trust “exchange wallets” and simply store their assets on exchanges. While reputable exchanges have a long history of protecting investor funds, online systems are never this air-tight. They can still be used, and hackers are always eager.
4. Short buys and sells. The cryptocurrency market attracts many amateur investors. This means that many people sell very quickly because they are nervous about price fluctuations.
5. Don’t read cryptocurrency charts. Understand the market you are trading in — learn as much as you can from the start, and then increase your knowledge as you go. In the world of cryptocurrencies, the expression “knowledge is power” is more relevant than ever.
How to avoid these mistakes
Taylor Monahan, the co-founder of MyCryptoWallet and MyEtherWallet, tweeted some helpful tips from her previous bull run in 2017. We have created this list for you based on her advice:
· Don’t chase every new “promising” coin. Choose coins for investing deliberately, conduct market analysis. Don't invest only by following the advice of others.
· Don’t seek to make money only by selling coins at their short-term peak. Moreover, it is worth transferring 90-95% of your capital to cold storage for a long time. You will only be successful when you learn to generate a stable return on investment.
· Transfer your cryptocurrency funds to your secure hardware wallet and only connect it when you need to complete a transaction. These relatively inexpensive security measures allow you to invest with confidence and without worry.
· Invest in cryptocurrencies only the money you are mentally ready to lose. That is, you should not take a loan or spend all savings on investments. In the long term, this strategy will only lead to losses and debt.
· Good exchanges will focus on ease of investing, using clear charts, and tracking trading prices as close to real time as possible. They will also work to keep fees fair and as low as possible while maintaining the integrity of their platform's security.
Summary
The first priority for traders and investors is to preserve their equity. Don’t play with margin trading if you are not familiar with its basic principles. Determine for yourself a strategy in which even dozens of unprofitable trades will not make you bankrupt.
The key to success in the cryptocurrency market is the ability to cope with your emotions. It is the emotions that get in the way of getting rid of assets at the peak of their rates and force people to buy coins after they have overcome their maximum. In any situation, it is worth thinking twice. What is more, all contemplation should be supported by your own research.
submitted by Cratos_Official to u/Cratos_Official [link] [comments]

The White Dragon : A Canadian Dragon Portfolio

Alright guys, Ive been working on this for a while and a post on here by a guy describing his portfolio here was the final kick in the ass for me to put this together. I started writing this to summarize what Im doing for my friends who are beginners, and also for me to make some sense of it for myself
Hopefully parts of it are useful to you, and also ideally you guys can point out errors or have a suggestion or two. I'm posting this here as opposed to investing or canadianinvestor (blech) because they're just gonna tell me to buy an index fund.
This first section is a preamble describing the Canadian tax situation and why Im doing things the way that I am. Feel free to skip it if you dont care about that. Also, there might be mistake regarding what the laws are here so dont take my word for it and verify it for yourself please.
So here in Canada we have two types of registered accounts (theres actually more but whatver). There is the TFSA "Tax Free Savings Account", and RRSP "Registered Retirement Savings Account"
For the sake of simplicity, from the time you turn 18 you are allowed to deposit 5k (it changes year to year based on inflation etc)in each of them. That "room" accumulates retroactively, so if you haventdone anything and are starting today and you are 30 you have around 60k you can put in each of them. The prevailing wisdom is that you should max out the TFSA first and you'll see why in a minute.

TFSA is post tax deposits, with no capital gains or other taxes applied to selling your securities, dividends or anything else. You can withdraw your gains at any time, and the amount that you withdraw is added to the "room" you have for the next year. So lets say I maxed out my TFSA contributions and I take out 20k today, on January of next year I can put back in 20k plus the 5 or whatever they allow for that year. You can see how powerful this is. Theres a few limitations on what is eligable to be held in the TFSA such as bitcoin/bitcoin ETFs, overseas stocks that arent listed on NYSE, TSX, london and a few others. You can Buy to Open and Sell to Close call and put options as well as write Covered Calls.

The RRSP is pre-tax deposits and is a tax deferred scheme. You deposit to lower your income tax burden (and hopefully drop below a bracket) but once you retire you will be taxed on anything you pull out. Withdrawing early has huge penalties and isnt recommended. You are however allowed to borrow against it for a down payment as a first time home buyer. The strategy with these is that a youngperson entering the workforce is likely to be in a fairly low tax bracket and (hopefully) earns more money as they get older and more skilled so the RRSP has more value the greater your pre-taxincome is. You can also do this Self Directed. Its not relevant to this strategy but I included it for the sake of context.
Non registered accounts ( or any other situation, such as selling commercial real estate etc) is subject to a capital gains tax. In so far as I understand it, you add all your gains and losses up at the end of the year. If its a positive number, you cut that number IN HALF and add it to your regular pre-tax income. So if I made 60k from the dayjob and 20k on my margin account that adds up to 70k that I get taxed on. if its a loss, you carry that forward into the next year. Theres no distinction between long term and short term. Also physical PMs are treated differently and I'll fill that part in later once I have the details down.
The reason why all that babble is important is that my broker Questrade, which isnt as good as IB (the only real other option up here as far as Im aware) has one amazing feature that no other broker has: "Margin Power"
If you have a TFSA and a Margin account with them, you can link them together and have your securities in the TFSA collateralise your Margin account. Essentially, when it comes to the Maintenance Excess of the Margin Account QT doesnt care if its in the TFSA *or* the Margin!
You can see how powerful this is.
------------------------------------------------------------------------------------------------------------------------------------------------
So as you can tell by the title, a lot of this is heavily inspired by Chris Cole's paper "The Allegory of the Hawk and the Serpent". You can read it here: https://www.artemiscm.com/welcome#research
Between it, his interviews and my mediocre options skills at the time my mind was blown. Unfortunately I didnt know how to do the Long Volatility part until after the crash in March but I've since then had nothing but time to scour the internet and learn as much as I could.
The way I interpret this isnt necessarily "what you should have right now", but what abstracted model they were able to backtest that gave them the best performance over the 90 years. Also, a lot of my portfolio I already had before I started trying to build this.
As such my allocations dont match the proportions he gave. Not saying my allocations are better, just showing where they are at this time.
I'm going to describe how I do Long Volatility at the end rather than the beginning since the way *I* do it wont make sense until you see the rest of the portflio.

Physical PMs 22%
I'm not sure wether he intended this to be straight up physical gold or include miners and royalty streaming companies so I will just keep this as physical.
I consider Silver to be a non-expiring call option on gold, so that can live here too. I am actually *very* overweight silver and my strategy is to convert a large portion of it to gold (mostly my bars) to gold as the ratio tightens up.
If youre into crypto, you can arguably say that has a place in this section.
If an ETF makes sense for part of your portfolio, I suggest the Sprott ones such as PHYS. Sprott is an honest business and they actually have the metal they say they have. If you have enough, you can redeem your shares from the Royal Canadian Mint. The only downside is that they dont have an options chain, so you cant sell covered calls etc. Simple enough I suppose.
One thing to bear in mind, there is a double edged sword with this class of assets. They're out of the system, theyre nobody's business but your own and theres no counter party. That unfortunately means that you cant lever against it for margin or sell covered calls etc. You can still buy puts though (more on that later)

Commodity Trend (CTA) 10%
https://youtu.be/tac8sWPZW0w
Patrick Ceresna gave a good presentation on what this strategy is. Until I watched this video I just thought it meant "buy commodities". A real CTA does this with futures also so aside from the way he showed, there are two other ETFs that are worth looking at.
COM - This is an explicit trend following ETF that follows a LONG/FLAT strategy instead of LONG/SHORT on a pile of commodity futures. So if they get a "sell" signal for oil or soybeans they sell what they have and go to cash.
COMT- Holds an assortment of different month futures in different commodities, as well as a *lot* of various related shares in producers. Its almost a one stop shop commodities portfolio. Pays a respectable dividend in December
If you want to break the "rules" of CTA, and include equities theres a few others that are also worth looking at
KOL- This is a coal ETF. The problems with it are that a lot of the holdings dont have much to do with coal. One of them is a tractor company. A lot of the companies are Chinese so theres a bit of a red flag.
Obviously Thermal Coal, the kind used for heating and powerplants isnt in vogue and wont be moving forward...but coking coal is used for steel manufacturing and that ain't going anywhere. The dividend is huge, pays out in December. A very very small position might be worth the risk.
Uranium- I'm in URA because thats the only way for me to get exposure to Kazatoprom (#1 producer), which is 20% of the holdings. The other 20% is Cameco (#2 producer)and then its random stuff.
Other than that I have shares in Denison which seems like its a good business with some interesting projects underway. I'm still studying the uranium space so I dont really have much to say about it of any value.
RSX- Russia large caps. If you dont want to pick between the myriad of undervalued, high dividend paying commodity companies that Russia has then just grab this. It only pays in December but it has a liquid options chain so you can do Covered Calls in the meantime if you want.
NTR- Nutrien, canadian company that was formed when two others merged. They are now the worlds largest potash producer. Pretty good dividend. They have some financial difficulties and the stocks been in a downtrend forever. I feel its a good candidate to watch or sell some puts on.
I'm trying to come up with a way to play agriculture since this new phase we're going to be entering is likely to cause huge food shortages.

EURN and NAT- I got in fairly early on the Tanker hype before it was even hype as a way to short oil but I got greedy and lost a lot of my gains. I pared down my position and I'm staying for the dividend.
If you get an oil sell signal, this might be a way to play that still.

Fixed Income/Bonds 10%

Now, I am not a bond expert but unless youre doing some wacky spreads with futures or whatever... I dont see much reason to buy government debt any more. If you are, youre basically betting that they take rates negative. Raoul Pal of Real Vision is pretty firm in his conviction that this will happen. I know better than to argue with him but I dont see risk/reward as being of much value.
HOWEVER, I found two interesting ETFs that seem to bring something to this portfolio
IVOL- This is run by Nancy Davis, and is comprised of TIPS bonds which are nominally inflation protected (doubt its real inflation but whatever) overlayed with some OTC options that are designed to pay off big if the Fed loses control of the long end of the yield curve, which is what might happen during a real inflation situation. Pays out a decent yield monthly
TAIL- This is a simpler portfolio of 10yr treasuries with ladder of puts on the SPX. Pays quarterly.

Equities 58% (shared with options/volatility below)
This is where it gets interesting, obviously most of this is in mining shares but before I get to those I found some interesting stuff that I'm intending to build up as I pare down my miners when the time comes to start doing that.
VIRT- I cant remember where I saw this, but people were talking about this as a volatility play. Its not perfect, but look at the chart compared to SPY. Its a HFT/market making operation, the wackier things get the more pennies they can scalp. A 4% dividend isnt shabby either.
FUND- This is an interesting closed end fund run by Whitney George, one of the principals at Sprott. He took it with him when he joined the company. Ive read his reports and interviews and I really like his approach to value and investing. He's kind of like if Warren Buffett was a gold bug. Theres 120 holdings in there, mostly small caps and very diverse...chicken factories, ball bearings all kinds of boring ass shit that nobody knows exists. Whats crucial is that most of it "needs to exist". Between him, his family and other people at Sprott they control 40% or so of the shares, so they definitely have skin in the game. Generous dividend.
ZIG- This is a "deep value" strategy fund, run by Tobias Carlisle. He has a fairly simple valuation formula called the Acquirer's Multiple that when he backtested it, is supposed to perform very well. He did an interview with Chris Cole on real Vision where he discusses how Value and Deep Value havent done well recently, but over the last 100 years have proven to be very viable strategies. If we feel that theres a new cycle brewing, then this strategy may work again moving forward.

I want to pause and point out something here, Chris Cole, Nassim Taleb and the guys at Mutiny Fund spend a lot of effort explaining that building a portfolio is a lot like putting together a good basketall team. They need to work together, and pick up each others slack
A lot of the ETFs I'm listing here are in many ways portfolios in and of themselves and are *actively managed*. I specifically chose them because they follow a methodology that I respect but I can't do myself because I dont have the skill, temperament or access to.
The next one is a hidden gem and ties into this. I'm not sure how much more upside there is in this one but man was I surprised.
SII- Sprott Inc. I *never* see people listing this stock in their PMs portfolios. A newsletter I'm subscribed to described this stock as the safest way to play junior miners. Their industry presence, intellectual capital and connections means that they get *the best* private placement deals in the best opportunities. I cant compete with a staff like theirs and I'm not going to try. I bought this at 2.50, and I liked the dividend. Since then they did a reverse split to get on the NYSE and like the day after the stock soared.
When it comes to mining ETFS I like GOAU and SILJ the best. None of their major holdings are dead weight companies that are only there because of market cap. I dont want Barrick in my portfolio etc.
SGDJ is a neat version of GDXJ.
Aside from that my individual miners/royalty companies are (no particular order)
MMX
SAND
PAAS
PGM
AUM
AG
MUX
RIO- Rio2 on the tsx, not rio tinto
KTN
KL
Options/Volatility: varies
So this is where we get to the part about options, Volatility and how I do it. I started out in the options space with The Wheel strategy and the Tastytrade approach of selling premium. The spreads and puts I sell, are on shares listed above, in fact some of those I dont hold anymore.
Theres tons of stuff on this in thetagang and options so I wont go into a whole bunch (and you shouldnt be learning the mechanics from me anyway) but theres one thing I want to go over before it gets wild.
If I sell a Cash Secured Put, from a risk management perspective its identical to just buying 100 shares of the underlying security. You are equally "Short Vol" as well, it just that with options
its a little more explicit with the Greeks and everything. But if I use my margin that I was talking about earlier, then I can still collect the premium and the interest doesnt kick in unless Im actually assigned the shares.
But if I sell too many puts on KL or AG, and something happens where the miners get cut down (and lets be real, they all move together) my margin goes down and then I get assigned and kaboom...my account gets blown up
So what I need to do, is balance out the huge Short Vol situation in my portfolio, be net Long Vol and directly hedge my positions. Since the overwhelming majority of my equities are all tied to bullion this is actually a very easy thing to do.

Backspreads
https://youtu.be/pvX5_rkm5x0
https://youtu.be/-jTvWOGVsK8
https://youtu.be/muYjjm934iY

So I set this up so the vast majority of my margin is tied up in these 1-2 or even 1-3 ratio put spreads that *I actually put on for a small credit*, and roll them every once in a while. I run them on SLV, and GDX.
I keep enough room on my margin so I can withstand a 10% drawdown before it sets off the long end of the spreads and then I can ride it out until it turns around and we keep the PM bull market going.
Theres another cool spread I've been using, which is a modified Jade Lizard; if already hold shares, I'll sell a put, sell a covered call, and use some of the premium to buy a longer dated call. Ive been running this on AG mostly.
I have a few more spreads I can show you but Im tired now so it'll have to wait for later.
As I said multiple times, I do intend to trim these miners later but now isnt the time for that IMO. I'm also monitoring this almost full time since I have an injury and have nothing better to do until I heal :p
submitted by ChudBuntsman to pmstocks [link] [comments]

Don't Fight the Trend (Sidenote - Fuck r/investing)

TF, like these corn balls out here removing posts that have any bit of a bear thesis? lmao
Getting to the point of my post, The Trend is Down....
Compiling data of closing points every two weeks from the start of 2020, each of the indexes are down-trending for the year & Bitcoin as well. Now the graphs which I've attached here hold little/next to no weight when looking for an indication on what position to take/when, but it's a piece of the puzzle when talking about the outlook for 2020.
Another piece to the puzzle, since that 'judgement day' post (referencing something I posted 3 weeks ago on investing, would link but that got removed along with my post on april 19th warning the clowns in there that they shouldn't be buying into USO/investing in oil lmfao); we have seen 6 green trading days & 9 red trading days on the S&P, signaling to me that investors are favoring selling in the 280-295 range much more so than buying. While the S&P has rallied above 290 on the back of NASDAQ/MAGA movement, it hasn't broken into/through this range with any conviction at all, it's actually forming a head and shoulder top in the trading range - seen here.
Further Dissecting the SPY - Price action is currently bouncing between the 50 & 200 EMA (EMA is quite significant as it weighs the price around volume traded, while SMA's simply calculate based on closing price day-to-day.) Friday's close placed us right under the 200 EMA (I view it as the ceiling currently.) and would point to downside come open market on monday (tomorrow.) *At the time of this post, futures opened with a gap down to 291 and has bounced back up to test this 2940 resistance. Will they push it above for a proper bull break before US markets open? Perhaps, maybe the bulls get their 300 touch; However, I see the indicators hinting to downside more convincing atm.*
Further DD of 'leading indicators' when looking at ST trends (DXY, BTC, XLF) -
XLF - (4Hr chart, rather than daily.) The Financial sector has been getting absolutely SLAMMED, like seriously, its almost worse than the beatdowns the small-caps have been receiving. Imo, this questionable performance from the financial sector says A LOT when considering investor uncertainty at the moment. On the four hour, this sector is currently bouncing between the 50 & 200 EMA's as they pinch closer together; which you could say is bullish, however, any and all uptrends on the chart have been broken & it leaves the financials out in no mans land (bearish.) It's currently pressed against it's 'LT' downtrend line (Established in early January after COVID was 'open public info'.) and made a double top rejection off of 23.70.
BTC- Touched 10k & crashed over 10% this weekend. As seen in the first screenshot I attached, BTC has been trading almost side by side with the general markets (Most reflective when looking at the S&P or NASDAQ.) I believe this to be a leading indicator of downside ahead similarly to how it was a leading indicator in mid-march when gauging 'how much downside was left in the markets.'
DXY - Key when considering short term deflation/inflation of assets. Has broken out above an immense resistance & has been confirming this as new support (people are hoarding cash, much more than they're spending, contrary to popular belief; I wont comment much tho, because tracking the DXY can get complex quick. We're taking it at face value here.) Watch for another major breakout (Would signify people hoarding cash, most likely stocks are getting liquidated at that same time. Comparing the timeline of the last breakout, March 9th- March 20th, this was the same timeline which the S&P took its major leg down from 300-220.)
TLDR - Stonks do go down, they've been maxing out for the last three weeks & deflation is around the corner. Positions - Heavy SPXU & SQQQ positions, AMD $46p May 22nd/ $40p June 5th, XLF $20.5p May 22th, MGM $10p June 5th
submitted by EXLR8_Reddit to wallstreetbets [link] [comments]

'It's about to get very interesting,' says Bitcoin stock-to-flow model creator

This post was originally published on this siteThis post was originally published on this site PlanB, the man behind the widely-referenced stock-to-flow Bitcoin (BTC) value charts, described exciting times ahead for the asset.   “We’re four months after the halving, and it’s about to get very interesting,” anonymous Twitter analyst PlanB said in a Sept. 4 podcast interview with Peter McCormack.  PlanB’s stock-to-flow, or S2F, model […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Complete Guide to CoinBase

Coinbase - The reference platform for investing in cryptocurrencies: here is the complete guide.
Coinbase is currently the most famous website or web platform for trading cryptocurrencies. This is not a classic Exchange but a real Broker that allows you to buy, sell and convert many of the main cryptocurrencies - Bitcoin and Ethereum among others - using traditional currency such as the Euro. In this complete guide to Coinbase we will try to explain all its features in detail.

Founded in 2012 by Brian Armstrong and Fred Ehrsam, it was born as a simple online Bitcoin wallet. Over time it has transformed into a cryptocurrency trading site that now reaches over 33 countries.

Being a broker, registering on the site requires all the necessary steps (KYC) to verify the user who holds the account. By signing up via the following secure link you can immediately earn 10 Dollars which will be credited to you by Coinbase.

Complete Guide to CoinBase
Coinbase as well as an intermediary for the purchase and sale of over 15 cryptocurrencies directly in Euro, also provides a real exchange (crypto exchange site) called Coinbase Pro (ex-GDax): The exchange behaves as a normal stock trading site with purchases and sales in real time with obviously much lower commissions when compared with those of classic trading platforms.

What Coinbase Pro offers.
Coinbase can receive crypto from other exchanges and specifically generates more permanent online wallets that will always remain at your disposal. To all intents and purposes, Coinbase's main task is to act as an archive for its cryptocurrencies for all those who do not want to try their hand at decentralized wallets.

The transfer between Coinbase and Coinbase Pro, for example, will be quick and free (but this does not apply to other exchanges) thus allowing all those who wish to trade between the main cryptocurrencies to be able to avoid expensive passages on other exchanges. Coinbase Pro allows you to exchange a range of cryptocurrencies with each other higher than that of its brother site but at a much lower cost. While on Coinbase the exchange between cryptocurrencies involves the payment of a maximum commission of 2%, on Coinbase Pro the rates fluctuate between 0.15 and 0.25%. Values ​​that will tend to decrease as the volumes traded increase.

The Coinbase account will also allow you to operate on Coinbase Pro. However, an additional request for user verification via Webcam may occur. All these levels of security are obviously necessary to protect customers and comply with the stringent regulations of the various countries in which the company operates.

Thanks to the guide, let's see what the interface shows us.
In this complete guide to Coinbase we also want to clarify the visual aspect. Once inside the site you will find yourself in the Dashboard or Home Page which will show from top to bottom the value of your Portfolio with its historical graph, the list of cryptocurrencies that you decide to keep under observation, a box that shows the 5 heaviest cryptocurrencies in your Portfolio (a pie chart is also available) and a second box with the latest transactions.

In the center of the page there is also the link to register with Coinbase Earn. By subscribing to the waiting list, you will have the opportunity to receive an invitation that will make you earn additional cryptocurrencies simply by following some very short video courses lasting a few minutes.

In addition to the Home Page, there is the Prices page with the listing of all the cryptocurrencies available on Coinbase and a very long list of those not available. By selecting the star on the right you can decide which ones to always keep in the foreground on the home page. Clicking on one of them will open a new screen that will offer a large amount of technical and historical information on the crypto in question as well as a fair number of constantly updated news.
Your funds are well organized.

The Portfolio page will report the amount of the balance in Euro of all the cryptocurrencies deposited on Coinbase. Here you can send and receive crypto to external wallets.
By clicking on Overview you will be sent back to the Prices page just described.
The Safe item, on the other hand, allows you to set aside cryptocurrency at a higher level of security.

Finally, a brief description of the "Make Transactions" item visible at the top right and present in almost all Coinbase pages. By clicking on it in any position you find it on the site, a small screen will open with the items "Buy, Sell, Convert". To purchase, you will first need to associate a payment method to your account. The Credit Card would be the most immediate choice due to its rapidity in crediting if it were not for the high commissions required by Coinbase. We therefore recommend that you be patient and use a normal Sepa standard bank transfer to credit the funds.

Selling your cryptocurrencies on Coinbase, depositing them in your Euro account, is simple and immediate as well as foolproof thanks to the Preview that will always be shown before confirming the transaction. This will involve the payment of a commission between 0.99 and 2.99 Dollars.
Rather high fees due to its wallet nature. For those who love trading, we obviously recommend moving to the Pro version.

The site offers a complete and comprehensive technical support page: https://support.coinbase.com/

We conclude this complete guide to Coinbase with a note on the mobile versions. There are two versions of for smartphones: a standard one called Coinbase Bitcoin Wallet and a personal one called Coinbase Wallet.
This second app allows you to transfer your cryptocurrencies from Coinbase Standard to an encrypted wallet on your smartphone (Coinbase Wallet).
The substantial difference is the following: Coinbase Standard is an online wallet and therefore subject to the remote risk of an external cyber attack while Coinbase Wallet stores the encryption key locally on the phone.

https://play.google.com/store/apps/details?id=com.coinbase.android

https://play.google.com/store/apps/details?id=org.toshi

We remind trading enthusiasts of the availability on our blog of the article dedicated to Exodus Wallet.


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Ethereum: 0x8D7E456A11f4D9bB9e6683A5ac52e7DB79DBbEE7
Litecoin: LamSRc1jmwgx5xwDgzZNoXYd6ENczUZViK
Stellar: GBLDIRIQWRZCN5IXPIKYFQOE46OG2SI7AFVWFSLAHK52MVYDGVJ6IXGI
Ripple: rUb8v4wbGWYrtXzUpj7TxCFfUWgfvym9xf

By: cryptoall.it Telegram Channel: t.me/giulo75 Netbox Browser: https://netbox.global/PZn5A

https://www.coinbase.com/join/rosa_fj
https://coinbase.com/earn/eos/invite/6r5m2fwn
https://coinbase.com/earn/oxt/invite/tkdjy946
submitted by Giulo75 to u/Giulo75 [link] [comments]

Some perceived catalysts for MARA

Firstly, let me say, I hate how energy-intensive Bitcoin is and would never support the market for mining it in the long-term. However, below are what I believe to be a series of perceived catalysts for MARA as a swing play.
Yes, some are more compelling than others. And yes, some should never even be graced with the name 'catalyst', but in the era of Lambos and rocketships, they will very much (unfortunately) be taken as such by those more naive to the space.
What does MARA do?
MARA mines Bitcoin.
What is Bitcoin?
In essence, a digital currency. A form of value not governed by any government or centralized institution. Hopefully this isn't news to you, but if not, here is a good place to start.
What is mining?
In essence, the process that is required to generate new bitcoins (better explanation here). Much like mining for gold or drilling for oil, you need to follow a process in order to generate more Bitcoin. Much like other commodities too, the price that they are selling for has a big impact on how profitable miners are.
Why MARA, why now?
Bitcoin has been flirting with the $10,000 mark for some time now. $10k for Bitcoin is a bit like $1 for a penny stock. It's tough to break, but once you do, a lot of heads start to turn. If Bitcoin moves, MARA is more than probably going to follow suit.
Catalysts
submitted by pfcrock to pennystocks [link] [comments]

I calculated Ethereum's Stock-to-Flow value

I calculated Ethereum's Stock-to-Flow value
I just read two interesting posts from PlanB on:
And tried to calculate Ethereum's Stock-to-Flow value as well. It's a calculation to show the scarcity of an asset.
S2F (Stock-to-flow) = stock / flow
Stock is the size of the existing stockpiles or reserves. Flow is the yearly production.
As a reference here is a comparison from PlanB's post:
https://preview.redd.it/16qw2g2zsaz41.png?width=614&format=png&auto=webp&s=4c07cc3e218740dc1213aac1ec34fb6cccd4212e
Based on Ether's total supply and yearly issuance, I calculated the SF value from 2015 to 2021.

Year Total supply (end of the year) Yearly issuance S2F Note
2015 76140218 4054720 18.7 Data from Etherscan
2016 87462107 11321889 7.725045297 Data from Etherscan
2017 96692242 9230135 10.47571237 Data from Etherscan
2018 104124058 7431815 14.01058208 Data from Etherscan
2019 109094019 4969962 21.95067637 Data from Etherscan
2020 113000000 4000000 28.25 Data from Etherscan
2021 115000000 2000000 57.5 2 million if almost everyone stakes
2022 117000000 2000000 58.5 2 million if almost everyone stakes

Gold has the highest SF 62, which means it takes 62 years of production to get current gold stock, for Ether the estimated SF is 58.5 in 2022. After the recent halving, this is 50 for Bitcoin.

Important disclaimer:
Numbers are rough estimates, I got the data from etherscan and Cointelegraph (see them below) and aggregated in a spreadsheet. This calculation is far from perfect, I'm not a data analyst just a random dude killing the time on Sunday, so pls bear with me.
If you have any suggestions to further improve it or you have more exact numbers regarding supply, issuance, pls let me know and I will update the sheet.

Source:
https://cointelegraph.com/news/eth-20-issuance-will-be-2-million-a-year-at-most-says-vitalik
https://etherscan.io/charts#marketData
submitted by tamastorok to ethfinance [link] [comments]

08-15 09:34 - 'What is Bitcoin and what is the bitcoin chart?' (self.Bitcoin) by /u/Jonescrystal122 removed from /r/Bitcoin within 16-26min

'''
Bitcoin is one of the most famous cryptocurrencies created in 2009.
Bitcoin is a digital asset, not a physical property.
It is protected by mathematical encryption algorithms.
It is the world's first digital currency that allows instant payment.
Currently, one bitcoin is priced at $3,573.36 (at the time of writing).
Bitcoin is known to be the digital currency most favored by crypto supporters.
Bitcoin can also be used as an alternative to national fiat currencies and traditional commodities such as gold.
Bitcoins can be bought on bitcoin exchanges, mined or otherwise earned.

If you pursue the security of investment, you can choose bitcoin, Ethereum and other mainstream currencies with high maturity.
If you can bear high risks and want to pursue high returns, you can consider some new currencies with low maturity and huge space for future growth.
You can start from the market value of the mainstream currency to start their own investment practice.
This kind of mainstream currency, has been widely recognized by the market, consistent application space is large, the currency price is relatively more stable.

Buy the time must grasp well, pay attention to the trend of the market, buy at the right time, investment digital currency also has a certain risk, luck also occupied a large part, pay attention to the overall volatility cycle, in order to choose the right price entry.
Especially for those who focus on long-term value investment, it is very important to choose a reasonable price to buy the time.

What about the Bitcoin chart?
How to analyze the Bitcoin chart?
Bitcoin chart analysis tutorial

  1. Dayang line

Dayang line for a red solid column, the highest price is the closing price, the lowest price is the opening price, the general appearance of dayang line indicates that there will be a wave of prices.

  1. Positive line

The middle line has an upper and lower shadow, which represents pressure and the lower shadow represents support.
The longer the line, the higher the price pressure, on the other hand, the longer line represents the lower support, the price is not easy to go down.

  1. Bald head line

Baldheaded Yang line has no shadow line only, indicating that the lower support is strong, generally indicates a good market in the later period.

  1. Bare feet

Bare feet above the line shadow line, the stock price rise in the process of being short side pressure, a breakthrough pressure.

  1. Small positive line

Small Yang line indicates that both sides of the game to kill a fierce, each other devour, do not give in.

  1. Cross star

The cross star finally closed the opening and closing prices are flat, the future market is not clear, to continue to wait and see.

  1. T-shaped line

There are two types of T-lines, the first indicating a strong air force and the second indicating a positive multilateral uplift.
'''
What is Bitcoin and what is the bitcoin chart?
Go1dfish undelete link
unreddit undelete link
Author: Jonescrystal122
submitted by removalbot to removalbot [link] [comments]

08-15 09:34 - 'What is Bitcoin and what is the bitcoin chart?' (self.Bitcoin) by /u/Jonescrystal122 removed from /r/Bitcoin within 29-39min

'''
Bitcoin is one of the most famous cryptocurrencies created in 2009.
Bitcoin is a digital asset, not a physical property.
It is protected by mathematical encryption algorithms.
It is the world's first digital currency that allows instant payment.
Currently, one bitcoin is priced at $3,573.36 (at the time of writing).
Bitcoin is known to be the digital currency most favored by crypto supporters.
Bitcoin can also be used as an alternative to national fiat currencies and traditional commodities such as gold.
Bitcoins can be bought on bitcoin exchanges, mined or otherwise earned.

If you pursue the security of investment, you can choose bitcoin, Ethereum and other mainstream currencies with high maturity.
If you can bear high risks and want to pursue high returns, you can consider some new currencies with low maturity and huge space for future growth.
You can start from the market value of the mainstream currency to start their own investment practice.
This kind of mainstream currency, has been widely recognized by the market, consistent application space is large, the currency price is relatively more stable.

Buy the time must grasp well, pay attention to the trend of the market, buy at the right time, investment digital currency also has a certain risk, luck also occupied a large part, pay attention to the overall volatility cycle, in order to choose the right price entry.
Especially for those who focus on long-term value investment, it is very important to choose a reasonable price to buy the time.

What about the Bitcoin chart?
How to analyze the Bitcoin chart?
Bitcoin chart analysis tutorial

  1. Dayang line

Dayang line for a red solid column, the highest price is the closing price, the lowest price is the opening price, the general appearance of dayang line indicates that there will be a wave of prices.

  1. Positive line

The middle line has an upper and lower shadow, which represents pressure and the lower shadow represents support.
The longer the line, the higher the price pressure, on the other hand, the longer line represents the lower support, the price is not easy to go down.

  1. Bald head line

Baldheaded Yang line has no shadow line only, indicating that the lower support is strong, generally indicates a good market in the later period.

  1. Bare feet

Bare feet above the line shadow line, the stock price rise in the process of being short side pressure, a breakthrough pressure.

  1. Small positive line

Small Yang line indicates that both sides of the game to kill a fierce, each other devour, do not give in.

  1. Cross star

The cross star finally closed the opening and closing prices are flat, the future market is not clear, to continue to wait and see.

  1. T-shaped line

There are two types of T-lines, the first indicating a strong air force and the second indicating a positive multilateral uplift.

Through the above introduction, believe everybody for the currency chart analysis tutorial, reminding investors here, whether they believe in technical analysis, it is necessary to understand charts are, exclude technical graphics, indicators, long-short game this issues aside, the currency of the information on the level of prices, volume, etc, can fully reflected in the graph, therefore understand the currency chart can reduce the probability of investors lose everything.
'''
What is Bitcoin and what is the bitcoin chart?
Go1dfish undelete link
unreddit undelete link
Author: Jonescrystal122
submitted by removalbot to removalbot [link] [comments]

Adult entertainment trough Devil´s Dragon Token

Adult entertainment trough Devil´s Dragon Token
Hello everyone, In this post I would like to talk about some of the DDGN Token features and company achievements.
https://preview.redd.it/of2xxl7gxtg51.png?width=640&format=png&auto=webp&s=b2ed2316a60511260102feb5f1a77750ff0c2c58
The company aims to revolutionize adult entertainment trough blockchain innovations presenting the opportunity to the user to be an active participant in this field using the Ecosystem. DEVIL´S DRAGON TOKEN is fully decentralized autonomous and encrypted. It offers the option to share, publish, and earn through selling, trading, exchanging, and utilizing the features of its ecosystem. A unique multi-use cryptocurrency with many active sites bringing new business models to life and disrupting the high set price of contemporary adult entertainment. DEVIL´S DRAGON TOKEN is a Ethereum based token that will be able to be used with any other Blockchain project or technology that is already operating.
DDGN is used on active sites to access related and wanted content. The full list can be found on the website by clicking on “Sites” or scrolling down. https://www.devilsdragon.com
TOKENOMICS. (ICO Information / Token Economy) Token name: DRAGON DEVIL Token Symbol: DDGN - Supply Token: 180 000 000 NOT MINTABLE Decimal: 18 - Token type: ERC20 CURRENT STATUS: Under Crowdsale with 5% PRE-SALE Token value 2000 DDGN = 1 ETH for PRIVATE - ONLY PRESALE In ITO sale the rate will be 1000 DDGN = 1 ETH START PRESALE: 2020-08-15 00:01 END: 2020-08-31 23:59
!Please note that only Ethereum is accepted. This will ensure transparency and prevent any fraudulent activities that may impact the value of the coins negatively!
Token Allocation: • Presale (PRIVATE SALE) 5% (All unsold tokens will be burned) • Crowdsale 55% (All unsold tokens will be burned) • Team & Partners 9% (Only used for new partnerships and strengthen the Team) • Reserved 6% (For Exchange and Legal Purposes) • Ecosystem 18% (Only used on our platforms like us write in our White Paper) • Development Team 2% (Used only for development and purposes none of these tokens will be sold) • Founder 4% (Used for administrative, regulatory and internal ecosystem needs only) • Ext Developer 1% (Non-Team Developers to be used for Testing and other Development Purposes on all Ecosystems and their features).
At this point DDGN is already listed on MyCryptoCheckout.
https://preview.redd.it/zgif2u4jxtg51.png?width=640&format=png&auto=webp&s=5ac7e157e30e1b15b5a7201370d3437deced898c
The ways to earn will be further possible by rewards and revenue sharing, live broadcasts, moderating content for the approval or disapproval of forum posts, mining for content, and arranging unused hard disk space. These are set just at the start point. The potential of the new features immense.
Presented Roadmap looks great: • Early 2018. KISSES TECH Established as a Czech Company (February) • Between the beginning of 2018 and the end of 2019. Fixed Adult Entertainment Coin + Many other projects related to Adult Entertainment and Blockchain to evolve and gather together: DDGN • Early 2020 Launch of the DDGN Project • Mid 2020 Launch of ETHpimp Q3 2020 ITO DDGN • Late 2020 Alpha version of the DDGN Dedicated Video Platform with a Decentralized Prize Service for Display and Manufacturing works with DDGN. On this platform the goal is to use a few supporting protocols such as ERC721 to make the videos like unique fine art creations. Luring a new business model which is fairer and more transparent. More Active Sites and More Partners for Ecosystems Alpha Version and Initial Registration First Delivery of Crowd Content Funding Network with Prizes & Decentralized Direct Revenue Sharing on the Stock exchange list
• Early 2021 DDGN Platform Beta Version Dedicated Videos that Live Immediately with Real Rewards and Share Earnings for Views & Creations CDCFN.COM Fully Active with the Distribution of Live Prizes and Adding New Sites to the Ecosystem makes DDGN more rare, enjoyable, and valuable to everyone involved.
Also surfing the blog (https://www.devilsdragon.com/blog) I found very interesting facts about CDCFN (Content Delivery Crowd Funding Network): www.cdcfn.com
A forum like website on which people share their original content and earn rewards in DDGN (Devil´s Dragon) Earned DDGN, as mentioned before will be available for exchanging to Bitcoin, Ethereum or other currency. The platform has a members shop, too, where members can earn and spend their earned tokens (DDGN) they gained from the site. Members Shop is integrated to work along side loads of other applications & plugins. Below is presented DDGN Tokens Earning System
  1. Forums - will allow member to earn tokens for starting topics, replying to other topics or to their own one.
  2. Downloads – Earning by uploading files on the platform, reviewing, commenting. Also receiving tokens for each download of their uploaded file.
  3. Calendar – Earning by submitting events, reviewing and commenting on the events.
  4. Gallery - Allowing members to earn for uploading images, reviewing and commenting on images.
  5. Commerce – Earning for a review on a product
  6. Reactions - Allowing members to earn DDGN Tokens for receiving reactions from their content.
  7. Clubs - Awarding users for joining a club and creating topics, replying and uploading files in clubs.
  8. Media Uploader - Awarding DDGN Tokens to users for uploading documents, images, audio and video files.
  9. Bonus DDGN Tokens – Awarding users on a daily, weekly and monthly basis. The user will have to log in at least on time in that period.
  10. Award DDGN Tokens - Awarding DDGN to your selected members or user groups via the ACP. On the user profile a section will be possible to add showing the amount of DDGN and a link to donate. The platform will have integrated Warning System which penalizes members if they receive a warning by removing DDGN tokens and setting different amounts of DDGN for different warn reasons. Members Shop Items – allowing members to spend their tokens Each item can be created unlimited times and admins can select different prices and permissions Creating categories to place the items in Setting moderator permissions to allow certain members to buy items for free All items use their own code Each item can have its own permission settings to select what usergroups can view it, buy it or send it Members can sell back their unwanted items at a cost of a certain % of the items price admins will set in the ACP After a user stores an item it will store the rewards for that purchase, so say they store multiple items, then at a later time admins change the rewards for that item in the ACP, they will still receive the rewards set when they purchased the item The list of default items: • Opening a random post count mystery box • Opening a random reputation DDGN Tokens mystery box • Changing username • Changing member title • Adding or editing signature • Uploading an avatar • Opening a mystery DDGN Tokens box • Opening a mystery items box • Resetting users´ warning DDGN Tokens • Allowing members to go browse anonymous until their session ends • Viewing a password from a password protected forum • Playing Rock, Paper, Scissors, Lizard, Spock • Allowing users to pin topics for a selected amount of days • Allowing members to feature files for a selected amount of days • Upgrading usergroup for x amount of days, months or years • Gambling to win a random trophy from Trophy’s & Medals • Buying a trophy from Trophy’s & Medals • Buying a medal from Trophy’s & Medals • Guessing the number • Embedding a video to profile • Uploading an image to use as a background on profile • Sending a personal sticky note • Adding / Editing social info • Custom Codes / Vouchers / Coupons • Creating custom codes for members to purchase including game codes / voucher codes and so on • Once a user redeems this item they will instantly receive a PM with the code attached
List of custom items: • Each Custom Item has to be manually awarded to the members, it could be for a coupon code, it could be anything • Choosing to receive a notification or email saying x member brought x custom item and admins need to award it • Showing a table in the ACP with all custom purchases users have brought showing if the item has been awarded or not • Adding a block to the ACP dashboard with the total amount of items admins need to award manually
Statistics Pages : • Shows a statistics page with a graph of the global DDGN Tokens gained on platform per day / week / month • Shows another statistics page with a graph of the amount of shop items purchased globally and the global DDGN Tokens spent per day / week / month • Shows a 3rd statistics page with a graph of the global DDGN Tokens won using items what you gamble your DDGN Tokens with
Members Bank: • Allowing members to store their DDGN Tokens in a bank • Charging members to deposit their DDGN Tokens • Awarding interest to members each month on their banked DDGN Tokens • Members can view all their transactions in a nice and tidy pop up table • Showing a table in the ACP with all the members who have created a bank account • Showing a 3D pie chart in the ACP with the DDGN Tokens per member group • Showing a 3D pie chart in the ACP with the current interest to pay per usergroup • Showing a graph of the banks transactions from your selected time periods
ACP: • Showing a table listing all Normal items purchased with all the information of the item purchase • Showing a table listing all custom items purchased with all the information of the item purchase • Showing a table listing all custom code items purchased with all the information of the purchase • Showing a table listing all the membergroup upgrade items purchased with all the information of the upgrade, expire date
• Choosing what user groups can gain DDGN Tokens with-in the forums / downloads / reaction settings • Generating unique purchases • Showing the shop items in a nice and clean node table giving you the ability to drag and drop them to different categories and sort them in your preferred positions • Selecting the amount of items to show per page in the shop and items page • Choosing the select to view the shop page / items page / rewards & logs page from either a table view or a nice new grid view • If admins allow users to send items to others admins can select a % of the value of the item to charge the users to send that item • Picking to show either a category in the sidebar of show the categories in a filter button on the table itself • Adding a block to the ACP dashboard showing the amount of custom items admins need to award to the users
With that said, I would like to hear your opinion about the project and the features that the team provides for us!
All this information and much more can be found on the below links.
Website: https://www.devilsdragon.com/
White paper: https://www.devilsdragon.com/whitepaper.pdf
Blog: https://www.devilsdragon.com/blog/
ANN: https://bitcointalk.org/index.php?topic=5260322
Facebook: https://www.facebook.com/devilsdragonofficial
Twitter: https://twitter.com/dragon_devils
Discord: https://discord.com/invite/xCwyntG
Reddit: https://www.reddit.com/useDevilsDragon
Telegram: https://t.me/devilsdragon_official
E-mail: [email protected]
Company behind of DDGN Token and development of the platform is KISSES TECHNOLOGY (Group) s.r.o
About the author: Proof of authentication link - https://bitcointalk.org/index.php?topic=5260492.msg54989967#msg54989967 Bitcointalk Username - ijeb Bitcointalk URL - https://bitcointalk.org/index.php?action=profile;u=1668500
submitted by ijeblowrider to u/ijeblowrider [link] [comments]

Live Bitcoin Chart Liquidation Watch: August 5 2020 - YouTube Bitcoin Price Chart & Analysis (Feb 12th, 2020) NYSE & Bitcoin price live! Price Pump or Drop? US stock ... Live Bitcoin Chart Liquidation Watch: August 7 2020 - YouTube Bitcoin Price Chart with Python - Part 1

Bitcoin history for 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019. Bitcoin price chart since 2009 to 2019. The historical data and rates of BTC ... A higher ratio indicates that the commodity is increasingly scarce - and therefore more valuable as a store of value. How To View The Chart . On the above chart price is overlaid on top of the stock-to-flow ratio line. We can see that price has continued to follow the stock-to-flow of Bitcoin over time. Bitcoin USD price, real-time charts, bitcoin news and videos. Learn about BTC, crypto trading and more. Silver has a stock-to-flow ratio of 22 years for its production to reach the current silver stock. Bitcoin's stock-to-flow ratio is now 50 following bitcoin's third halving earlier this year ... Inspired by the rarity of gold, Bitcoin was designed to have a fixed supply of 21 million coins, over half of which have already been produced. Several early adopters were wise or fortunate enough to earn, buy or mine vast quantities of Bitcoin before it held significant value. The most famous of these is Bitcoin’s creator, Satoshi Nakomoto.

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Live Bitcoin Chart Liquidation Watch: August 5 2020 - YouTube

Bitcoin + Alts Price Chart & Analysis (Feb 28th, 2020) - Duration: 10:51. TheChartGuys 4,018 views. ... Trending Thursday Stock News VectorVest VectorVest 659 watching. Live now; Bitcoin Live Btc Price Chart Liquidation Watch Bull vs Bear Pump or Dump Bitcoin Currency Bitcoin is a cryptocurrency. It is a decentralized digital curr... Bitcoin looks to be topped out at $10.9k. Let's see if the NYSE is also topped out or if we push higher.. Seeing how correlated BTC is with the US stock mark... Dow Jones is down almost 500 points! The Dollar Index just broke above key resistance which means people are jumping out of US stocks, gold and silver. This ... All night live stream to watch Bitcoin & Altcoin charts play out live using after market trading data from Dow Jones / US stock market for possible BTC price direction.

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