Bitcoin (BTCUSD): Full history from GenesisOfficially Bitcoin trading began in July 2010 with MT.GOX, but this was only the first dedicated exchange. Before this however Bitcoin was exchanged for goods as well as money on a peer-to-peer basis. The two transactions I know of where Bitcoins were exchanged for other currencies or commodities (lol) are shown here.
The first ever transaction was famously sent on 12 Jan 2009 by Satoshi Nakamoto to Hal Finney but these 10 Bitcoins were sent free of charge and therefore NOT exchanged.
The Malmi Transaction is recorded here www.blockchain.com
Btc-e
What I Think About TA, And Why I Love ItJust wanted to do a short video on the Bitcoin chart about how I feel about TA - what I think it is and also why I find it interesting. I hope someone finds this video interesting as well, and I'm curious to hear people's thoughts.
This is not financial advice. This is purely an educational video, and it's based on my own observations, assumptions, and opinions.
-Victor Cobra
Bitcoin: a gauge for asian risk toleranceSpread between Chinese and JGB's appears follow Bitcoin (usd) pretty well. As expected: bitcoin is the exact opposite of a portfolio hedge, and just a call option (like Tom Lee has made the case for) for growth. Interestingly enough, falling rates appear to stimulate selling and rising rates entice buying.
Kyber Network’s (KNC) Price Jumps Over 50% in Saturday BreakoutKyber Network (KNC), a decentralized exchange protocol, surged over 50% on Saturday to $0.40, a price last seen in November. The breakout comes on the back of more than a month of gains following the release of the project’s 2019 roadmap at the end of January.
Bitcoin Dominance | Gauging Contiunations and ReversalsBTC's dominance has been growing since the crypto bear market began at the beginning of 2018. Now we see a large flag formation that provides us with evidence that the dominance might continue growing. This also provides further evidence to support our forecast:
Once the BTC dominance starts to show a technical reversal, the bear market will likely come to an end:
95% WINRATE STRATEGY? (MUST WATCH!) PART 3/3There’s a better way to do things. I don’t care what you’re using, maybe, just maybe, there’s a way to improve your strategy. I can confirm this idea is seen as wildly offensive. Ask someone why their strategy works and they’ll cringe like you just asked them if their spouse is cheating. “How dare you question their effectiveness! I’ll let you know we have a long history together and I love them very much.” I’m sure you do, but have you noticed some of the warning signs? They’re all right there in front of you. It may not feel good when I ask, but if the signs are there and 3/4ths of marriages fail, it wouldn’t sit well with me if I didn’t speak up just to keep you comfy cozy.
Analogies aside, your “spouse” is your strategy. The warning sign is that you keep on losing trades, blaming your loses on “volatility” without wanting to admit what the real problem is. Perhaps you’re still green for now, just wait for a larger sample size of a trade history. Much like your imaginary marriage, the odds are wildly against you. Why do you think 95 plus percent of traders fail? You can massage data however you like, the problem is at some point you decided to stop improving because you got confident.
Accumulation and Shakeouts - How To Predict A Potential PumpMy First video idea. Just wanted to talk about something I've been observing in the market recently. This is how I was able to predict the recent ICX and ONT rises.
Hope you enjoy!
This video is not financial advice --- meant for educational purposes only!
-Victor Cobra
NIETZCHE AND TRADING PSYCHOLOGY, (MUST WATCH!)If you're a middle school basketball star, do you cry when you skin your knees after getting fouled when you chose to play street ball in downtown Detroit? No, because you should have known what you were getting into, and if you do cry, all the street ballers will tear you to shreds. If you don't want to play street ball and learn to play like everyone else does, go back to your middle school basketball court. If you can't understand why you keep getting hurt trading crypto and are unwilling to adopt the winning fighting style, go back to trading securities. Winners don't need to play by the rules of "golden standard" of TA.
What if the "golden standard" is only so because they're tools that make you predictable for people who know better? If you have the masses all trading the same information, that makes for predictable moves.
Predictable traders make for a predictable market. A predictable market makes for a profitable market. The only reason you've been given the "golden standard" is to provide liquidity for those with more buying power, resources, knowledge, experience and connections than you.
95% of retail traders lose money, so if you’re watching this, that probably includes you. What matters is that you take steps to learn rather than keep throwing money down the drain. Market manipulation in crypto exists, and with respect to trading, it’s not that it’s good or fair so much that it just is and you have to play the game as it is rather than what you may want it to be. There are ways to do that, and we’re confident we have one of them.
It’s worth noting for the record that other markets have manipulation too. Just less egregious amounts of the kinds you’ll find on the list on the Wikipedia article for market manipulation.
If you've found this info useful, dive into the links below.
Could Bitcoin Bottom at $1500I know people say that 200 MA is a strong indicator for when the market should turn, but if we had to do a symmetrical test of the previous bear market we can see a lot of symmetry in the 2 white boxes white in the previous case lead to a 60% drop and it lead to the bottom of the 2016 bear market. Just another chart to play devil advocate with. A what if scenario
Message in a bottle maybeSymmetry like rules are there to be broken maybe. Then again lots of grids out there all part and parcel of the securitization and commoditization of new a crypto world order maybe. Who in the market do you think got the master grid ? Who's will win ? Satoshi ? Coin exchange ? The futures exchange ? Big bank ? Hedge Fund ? NOT ADVICE DYOR
Gann using 192 VibrationsHow to set up a GANN 192 vibration.
Step 1: Using a 4H BTC chart I first lock my price/bar ratio to 5 in settings.
Step 2: Now use a date range from the recent low to range 192 candles in front and then use a vertical line on the 192nd to help in step 3.
Step 3: Now use a gann square fixed from the low to the 192nd bar infront. The vertical line will help the square meet the 192nd bar infront of you.
Step 4: Now use a gann box and in the style settings apply angles to help overlay on top of the gann square fixed. The 1/1 angle will always be 45 degrees.
Step 5: Now you can take the high from the gann box and use a fib speed resistance fan from bottle left to top 5 to make it look like a unicorn rainbow.
Enjoy
Did I just GANN in 5 steps?
BTC may have a short - term opportunityAt present, BTC has gone through the first wave of rise and entered the horizontal consolidation stage. If it does not break below the trend line below, there is still a chance to rush higher in theory. For the fund that was shorted yesterday, it can be considered to make a short term, but please do a good job in risk control.
Standard of entry: zigzag line
Stop surplus, upper pressure level,
Stop loss: enter below the purchase price
Contract position: 10 times or less
Applicable people: have enough trading experience, understand the risk of contract trading, and understand the standard of the word war.
Bitcoin's Fake Breakdown: Another Bullish Signal (We Go UP!)Bitcoin (XBTUSD) had a fake breakdown, which only assists us in buying more for our active LONG XBT trade.
Bitcoin breaking down is bad because we are at an important phase for Bitcoin and we saw one recently that we can now say was completely fake.
A fake breakdown, or bears/sellers rejection, is a perfect bullish signal.
Bear trap, shakeout, whatever you want to call it, Bitcoin is moving back up after yesterday's drop.
We remain bullish on Bitcoin short term and have an active trade for it with over 100% ROE potential.
You can see it here:
Thanks a lot for reading... Feel free to hit LIKE.
Namaste.
Stellar Lumens long term outlook Long term consolidation from 2018 broke down into medium term bearish trend testing fibbonacci retracement levels and forming some short term triangle consolidations on the way down. Current triangle has until the end of march until it completes, likely sideways for a week or two until breakout.
Still a bull run opportunity? YES but guess what...read belowHere's why close above 20 MA is key. The good news is that price recently did not closed below 20 MA. Here's how I worked out price right now above 20 MA is still key to possible big move up. Using my custom MACD (6, 13, close, 31), only interested in dark green in the histogram. Here's the magic key. You need to mark all the first days when the bleu MACD rises from a trough (don't include days when blue MACD turns positive). From those first days up it's vital that price does not close below 20 MA. That's when I added in the light blue background squares to mark out Price x Time = Volume covered before price dropped below the 20 MA again. The stats and strategies possible are worth a look. Then again not sure if the size of sample in my study was good enough to make findings relevant. So I'm a bear for now because based on my earlier studies 20 MA was broken, but because price closed above 20 MA if it continues to hold we are still in a potential upside opportunity. Not Advice. DYOR.