Wow never a dull day in crypto huh?
https://www.reddit.com/r/Bitcoin/comments/7cv2e9/bitcoin_mining_crackdown_in_china_might_be_the/
While this may seem more scanadolous at first, we have some clarification on the matter. At the end of the day this will mean a higher cost for electricity, leveling the playing field a bit.
CoinDesk pretty much rubbishes the rumours: https://www.coindesk.com/state-owned-power-provider-denies-chinese-bitcoin-mining-ban-rumors/ So most likely the most action we will actually see is a potential increase in electricity for the Chinese miners.
This is an interesting image: https://www.reddit.com/r/Bitcoin/comments/7csrmk/a_most_wanted_money_launder_a_pathological_liar/ Toasting to their success. The face of a coin. Boxmining made a good video about this, about moving away from Satoshi. It’s important that a cypher punk movement about freedom from the man doesn’t replace one man for another, ya know? Just my opinion on it. Even if you don’t think that’s what’s happening here, some people are getting that impression, which is a negative one in this space.
Here’s how you buy the dip: http://www.zerohedge.com/news/2017-11-13/mysterious-bitcoin-dip-buyer-identified Famed wall street investor. $15 to $20 million dollars worth of BTC during the dip. This is a man who was already mega rich, but made an absolute killing buying Ethereum.
Don’t be like this badger/racoon thing:
Source: https://www.reddit.com/r/CryptoCurrency/comments/7cl74f/me_trying_to_daytrade/
Use technical analysis!
We can see here the classic TA of the breakoutasaurus for Ethereum: My word document underlined that term, thinking it was a typo. How stupid. https://www.reddit.com/r/ethtrader/comments/7cr9h2/no_better_ta_than_a_dinosaur_ta/ According to what you can see here, Ethereum is going up.
Everyone and their grand mother (not literally) has weighed in on the BitConnect debate, including Vitalik Buterin, but now the UK government has too. https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/
More Bitcoin Gold scams? A pre-mine was not enough. https://www.reddit.com/r/CryptoCurrency/comments/7cnj9w/bitcoin_gold_scam_developers_caught_with_putting/ This kind of stuff won’t last, the market will mature, but slowly, I guess. https://coinmarketcap.com/currencies/bitcoin-gold/ Remember though that Ivan on Tech’s Bitcoin Bronze fork, not a joke, is different. He needs to pre-mine a million coins for legitimate reasons. He’s truly making Bitcoin great again.
That video was so funny, I’ll leave a link to it below. It had me going at the start because the dude is a programmer, maybe he is forking Bitcoin!
Monaco is getting their new visa cards out:
But why does the price fall?https://twitter.com/monaco_card/status/930331621714051072
- monaco_card
https://coinmarketcap.com/currencies/monaco/
So, this is very interesting. While I don’t know the exact reason, it is likely a million and one different reasons after all, let me give you my insight into the matter. Imagine you’re a bag holder of Monaco coins, and no matter what price you sell for at currently, you’re up tons. You’ve got so much you couldn’t realistically sell it all for many years.
Yes, I know this is a rare scenario, but potentially more frequent than you think.
Now imagine that they were waiting for big news to come out, so the coin can pump and then they can offload a ton for a good price. The news drops but the market isn’t pumping so they decide to continue I might as well sell now.
This is one possible scenario of many.
https://www.cryptoninjas.net/2017/11/14/crypto-debit-card-monaco-partners-gemalto-high-end-metal-card/ But some of these cards are going to be metal ones, instead of plastic. Oooooo. Nice. I’m a sucker for something like that. Even though I can pay contactlessly on my phone, and my watch… For the bigger purchases then.
💙 The real Bitcoin. Bitcoin Bronze.
💰 Buy Bitcoin through Coinbase: http://bit.ly/2hZh8bg
🔒 Recommended wallet - Ledger Nano S: http://bit.ly/2xeymFX
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☄️ Time-stamps!
01:01 China to Ban Mining?
02:10 Bitcoin Cash Faces
03:30 Bitcoin Consoladating
04:02 Daytrading Racoon
04:22 Bitcoin Cash Support
05:00 EOS
05:48 ZCoin
06:20 Alt Coin Market Growth
07:38 Mike Novagratz
08:12 24 Hour Losers
08:52 UK Threatens BitConnect
09:40 Bitcoin Gold Scam?
11:05 Bitcoin Bronze Real Deal
11:29 Monaco Debit Cards!
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🙃 More of me:
◆ Join the Crypto Community!: www.ichatcrypto.com
◆ Steemit: https://steemit.com/@crypto-daily
◆ Twitter: https://twitter.com/Crypto_Daily
◆ Facebook: https://www.facebook.com/thecryptodaily/
◆ onG Social: https://ong.social/cryptodaily
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⚡ No donations accepted! But if you would like to support me, please consider sharing this vid. Thank you!
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⭐ Links!
◆ Bitcoin Mining Ban: http://bit.ly/2ii9kzt + http://bit.ly/2AEQ0TB
◆ 3 Musketeers: http://bit.ly/2iUvib2
◆ Really Buying the Dip: http://bit.ly/2hrOjBc
◆ Racoon Credit: http://bit.ly/2zG0u7T
◆ Serious TA: http://bit.ly/2mnAWHL
◆ UK Threatens BitConnect: http://bit.ly/2z0WIHk
◆ Bitcoin Gold Scam?: http://bit.ly/2igCcb7
◆ Ivan on Tech's Bitcoin Bronze: http://bit.ly/2zXev1V
◆ Monaco Debit Cards: http://bit.ly/2hwz0uQ + http://bit.ly/2zIGmA7
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🎵 Music!
Vanessa Carlton - A Thousand Miles
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💬 I am not a financial adviser and this is not financial advice. I'm just a humble man with a great passion for all things block-chain, even tangle.