- How to be an analyst:
- Why is Ark rising among this sea of red? Bittrex is 99% of volume and only has 750k-800k ARK available for sale. Total ARK supply is like 97.5M right now and since staking reward is 10%, then most people see that it is more profitable to stake/vote than trade (look at ARK overall trend very positive). IT is also very hard buying large volumes of ARK compared to other cryptos. Assuming ARK 3x by 2018, then your staking reward is 3x as well, meaning you get 30% of your investment back by possibly staking. Of course, the last part is speculation, but overall growth is showing this as a possibility.
- Quick update for TenX - https://coinmarketcap.com/assets/tenx/ it’s cancelling all cards outside of the European Territory on October 15th. Their deal with wave crest fell through. That was their card issuer. TenX advises they have something else in place however. You get dividends from holding the coin and people using the debit card, although no payment is planned any time soon according to them as they would be far too low.
- Triggers is the biggest drop in the last 24 hours? I did not see that coming.
- BTCC a major exchange in China will suspend operations at the end of this month: ~~~ embed:908285586368167936 Note they did not state permanently. They didn’t state temporarily either, that’s true. Remember this is one country, out of the entire world. We have Korea, U.S., all of Europe, Japan, Thailand, Taiwan, the U.K. twitter metadata:WW91ckJUQ0N8fGh0dHBzOi8vdHdpdHRlci5jb20vWW91ckJUQ0Mvc3RhdHVzLzkwODI4NTU4NjM2ODE2NzkzNiBOb3RlIHRoZXkgZGlkIG5vdCBzdGF0ZSBwZXJtYW5lbnRseS4gVGhleSBkaWRu4oCZdCBzdGF0ZSB0ZW1wb3JhcmlseSBlaXRoZXIsIHRoYXTigJlzIHRydWUuIFJlbWVtYmVyIHRoaXMgaXMgb25lIGNvdW50cnksIG91dCBvZiB0aGUgZW50aXJlIHdvcmxkLiBXZSBoYXZlIEtvcmVhLCBVLlMuLCBhbGwgb2YgRXVyb3BlLCBKYXBhbiwgVGhhaWxhbmQsIFRhaXdhbiwgdGhlIFUuSy58 ~~~
- Central bank of Finland says Bitcoin cannot and doesn’t need to be regulated: https://coinjournal.net/central-bank-finland-bitcoin-cant-doesnt-need-regulated/
- Sadly, they don’t have 1.4 billion citizens. What we are seeing now though is a snowball effect, where others from these other nations are selling simply because they are seeing it fall, which makes matters worse. Eventually we will have purged all the weak hands and Bitcoin will be stronger than it’s ever been for it. Real battle tested hodlers, just like these guys, since 1853, they’ve seen it all.
- Binance exchange tweeted they will continue operations: ~~~ embed:908290390742130688 Which is pretty obvious, although many are under the impression they are based in China. I think they may have been to start off with, however they are based in South Korea right now so they are safe. Binance actually stopped servicing users in China since Sept 6. twitter metadata:YmluYW5jZV8yMDE3fHxodHRwczovL3R3aXR0ZXIuY29tL2JpbmFuY2VfMjAxNy9zdGF0dXMvOTA4MjkwMzkwNzQyMTMwNjg4IFdoaWNoIGlzIHByZXR0eSBvYnZpb3VzLCBhbHRob3VnaCBtYW55IGFyZSB1bmRlciB0aGUgaW1wcmVzc2lvbiB0aGV5IGFyZSBiYXNlZCBpbiBDaGluYS4gSSB0aGluayB0aGV5IG1heSBoYXZlIGJlZW4gdG8gc3RhcnQgb2ZmIHdpdGgsIGhvd2V2ZXIgdGhleSBhcmUgYmFzZWQgaW4gU291dGggS29yZWEgcmlnaHQgbm93IHNvIHRoZXkgYXJlIHNhZmUuIEJpbmFuY2UgYWN0dWFsbHkgc3RvcHBlZCBzZXJ2aWNpbmcgdXNlcnMgaW4gQ2hpbmEgc2luY2UgU2VwdCA2Lnw= ~~~
- John McAfee was on CNBC again doing missionary work, generally spreading the good message. Debunking some of that CEO guys comments. If you’d like to see that I’ll leave a link in the description: https://www.cnbc.com/video/2017/09/13/the-full-cnbc-interview-with-mgt-capital-investments-ceo-john-mcafee.html
💙 I super appreciate all your support.
⭐ Time-Stamps!
◆ 0:46 Market Update
◆ 1:52 What is ARK Up?
◆ 4:08 What's causing the drop Today?
◆ 5:08 Finland says you can't Regulate Bitcoin
◆ 6:33 Binance will Continue Operations
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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.
💰 My recommended exchange is CoinBase. Register using this code and we can both get $10!: http://bit.ly/2hZh8bg
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◆ How to be an Analyst: http://bit.ly/2f99BpX
◆ BTCC Tweet: http://bit.ly/2jsUdWV
◆ Central Bank of Finland Statement: http://bit.ly/2wsgBk8
◆ Binance Tweet: http://bit.ly/2h5KmS6
◆ John McAfee CNBC Interview: http://cnb.cx/2x4NFT7
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Disclaimer: I am just a bot trying to be helpful.
Riders on the storm