BTCUSD
Bitcoin has plunged lower in early Asian trade, currently 3880 from a high of 4000. Further support here, but really not looking good atm. I thinned down my position significantly over night, so not too worried. Will HODL and cost average once the carnage dissipates:
A break below 3830 would bring 3760 and 3500 into focus. Here's a look at the bigger picture:
ETHUSD
Ether traded as high as 347 yesterday, before finishing the day down at 322. This is the first time ETHUSD has closed above 320 since the 23rd of June and could be a sign of further strength to come. Pair is currently slightly up on the day, so Bitcoin strength remains isolated for the moment:
STEEMBTC
Is it just me or do Bittrex shut down STEEM and SBD transactions every time it starts to rally? I asked them as much on twitter this morning:
@BittrexExchange why do you guys keep taking Steem offline every time it finally catches a bid?
August 21, 2017
I also asked Poloniex why they are always offline and whether they thought a class action to retrieve funds would be funny:
@Poloniex Why do you guys just consistently have Steem and SBD offline? You have a lot of people's $$$, how funny would a class action be?
August 21, 2017
I rarely use twitter any more, mainly just to communicate with clients ... but it is great for publicly shaming companies doing the wrong thing. Bittrex have enable deposits and withdrawals again now ...
Anyway that's enough of that, let's take a look at the STEEMBTC chart:
Big down day yesterday, but not enough to engulf (despite Bittrex shenanigans). I maintain the bottom is in (be wary of noise though - 22 is support we have bottomed above there) and I'm looking for pair to begin it's recovery over the coming weeks. Need a break above Sunday's highs to confirm.
STEEM is currently fetching $1.72 AUD, down a little over 15% over the past 24 hours. Also down against the US dollar, back to $1.31 from yesterday's high of $1.78. SBD are trading at around their intended value, with an ask price of $1.02 and highest bid of 98 cents on the dollar at the time of writing.
That's me for the day folks, I'm going to get cracking on this Tradingview indicator to make these fiat quotes a little easier. Should be ready for my next post.
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STEEM and ETH are looking promising for sure. Bought more STEEM yesterday :)
Why did the eclipse terrify Yanet Yellen? Hahah! Enjoy!
https://steemit.com/meme/@cryptoeagle/funny-meme-why-did-the-eclipse-terrify-yanet-yellen
https://steemit.com/bitcoin/@hotsauceislethal/bitcoincash-price-forecast-8-21-2017
She looks like she is scared of BitcoinCa$h! #hashpower
This one's better:
Disclaimer: I am just a bot trying to be helpful.
Yet another reason why America is not great (again)
lulz
Bitcoin eclipse is happening.
F2pool moving lots of hash power and winning instantly. See charts here.
https://steemit.com/f2pool/@tuventure/f2pool-moved-350-ph-s-to-bitcoin-cash-bitcoin-eclipse
And only thing to watch is mempool. In BTC it's over 80K now. Fees averaging $3 to $5 USD. Segwit supposed to solve this and they will activate next 1-2 days. Exciting days ahead!!!
Thanks for sharing. After a few months of losing value I am really excited/hopeful for an eth and etc rally! Steem wouldnt hurt my feelings either.
After hardfork much movement in crypto market its unbeliveble 😱 many coins pump up this weak its so good for investers like us 😊 but btc is like not easy for by bla bla 😕
Ny ways man best article and good information u describe with chart thanks 😊
thank for your information :)
Disclaimer: I am just a bot trying to be helpful.
Thank you. You should add BCH to your post :)
I don't like it - I think it is a highly centralized shit coin lol
If it survives 2x activation on the main chain I may start charting it!
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beautiful :) i follow you and vote !
This post has received a 0.78 % upvote from @drotto thanks to: @banjo.
Looks like its heading towards $3000
Nope :)
great post , keep the good work
Thanks mate!
I followed and upvote for you. I would be happy if you also help me. Thanks
Great interview!
Just started a pump group - there will be NO pre-pump (Can be verified via looking at the graphs) Honest and fair only - just started!
To join the group you have to download and make a telegram account, then click the link below and it allows you to join. We need to work towards a thousand or so members before the pumps work well but in the mean time we will make it work!!
https://t.me/joinchat/AAAAAEPtJOwXdp8GYGghGQ
goooooooooooooooooooooooooooooooooooooooooooood luck i follow every
I flag people who leave useless self-upvoted comments on my posts ... you get a warning first though ;)
Best Blog ever been read of mine
https://steemit.com/gx/@sayyedraza/the-future-of-venture-capital-gx-coin
Please don't do that ... I will start flagging comments like this after today