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More from @tradingroomapp see all

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Trading Room
@tradingroomapp
Regarding new traders asking for “when big reversal”, here are some scenarios

#Bitcoin spent considerable time in 6000-6500 range. Most key indicators did suggest we will have downside break eventually & we have that now

It can’t do 180 degree turn & reverse all the way /2
/2 Here are some Scenarios

There is a strong support around 4500+/- 10%, First we need to find the bottom and post a large upside wick in an hourly candle to find the bottom

5700-5850 will offer strong upside resistance followed by 6100 area

/3
/3

Price will most lively stop at 5700-5750 & 6100 in the topside And come back down, all the way to retest the double bottom area

Some consolidation on the bottom before an attempt to break the topside resistance above 6100

/4
Read 7 tweets

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Matthew Willemsen
@mwill_crypto
0/ Back from an amazing week in Hobart* to bring you a 24-part thread covering the latest from the #crypto space over the past day or two!

*S/O to @TasFireService & @NSWRFS for bravely fighting a near-month-long fire that's now burnt out 28,000+ ha of World Heritage-listed land.
1/ 🛰️ Leading #Bitcoin infra. #tech provider @Blockstream has launched its Blockstream Satellite API Beta.

Paying via the #LightningNetwork testnet (i.e., for free), users can broadcast data via Blockstream's satellite network. No #Internet needed! blockstream.com/2019/01/16/sat…
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Tim Copeland
@Timccopeland
I'm at a crypto event with reps from the Bank of England, HM Treasury, FCA, Ripple, and Prime Factor Capital. You think crypto is going away? These people are discussing how to implement it now. #crypto #bitcoin @ripple @bankofengland @TheFCA @hmtreasury
One study shows 43% of investors (mostly asset managers) are invested in crypto. 33% of transactions were in the OTC market. #crypto #investors
Almost all panelists refer to "crypto assets" not cryptocurrencies #cryptoassets #crypto
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Ryan Radloff ⚡️
@RyanRadloff
🔥 HOT TAKE 🔥 OVER HALF OF THE REMAINING NON-MINTED BITCOIN ARE ALREADY SPOKEN FOR.

Keep reading before you tell me I’m wrong.

👇👇👇

medium.com/coinshares/hal…
2/ When I meet with legacy investors I often get asked “who in the world owns this stuff?” This is usually followed by “ok, and who will?”

What these people *really* want to understand is potential future demand, or the classic concept of Total Addressable Market (TAM).
3/ A few weeks ago I came across this survey from @ING_news -->


It caught my eye because for the first time I can remember - due to results and sample size (14,828) - I have what I need to build a data-driven base to start determining potential TAM.
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Jackson Palmer
@ummjackson
I kind of see @HeyRhett as the Martin Shkreli of cryptocurrency. He's convinced that his hopping from fork-to-fork and turning a profit isn't market manipulation - and maybe legally he's in the clear (I'm not a lawyer). But is it morally corrupt? Hell to the yes.
I am *so* done bearing witness to this behavior. I implore everyone in the #crypto / #Bitcoin / etc. space to call this stuff out and start caring more about projects that actually improve on a technology or benefit society rather than simply paying a dude who forks a coin.
Just to be clear - in the screenshotted thread, Rhett is admitting to *more than doubling* the price of his investment by accumulating Primecoin prior to mentioning a fork on Twitter - which subsequently pumped the price. And he thinks he did nothing wrong. This space... 😐
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Armin van Bitcoin ⚡
@ArminVanBitcoin
THE most corrupt people in #crypto:

@brian_armstrong
@rogerkver
@proffaustus
@JihanWu
@vinnylingham
@el33th4xor

These individuals have no principles.

None of them understand #bitcoin, yet all fight to kill that what gave them wealth and power in the first place.

Shame!
- ignores the community and rejects the importance of #segwit
- likes tweets talking about "bitcoin dethroning"
- owns more $ETH than $BTC
- never says the word "bitcoin" during public campaigns, just "blockchain" or "cryptocurrency"
- he used to sell pipe bombs on the internet, spent time in prison
- spreads lies and fud
- claims bcash is the real bitcoin
- involved in pump and dumps, korean exchanges and insider trading
- tricks users in buying bcash on his site under the name "bitcoin"
Read 10 tweets
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Chris Burniske
@cburniske
1/ Threading together my presentation from @coindesk's #ConsensusInvest this week.
2/ The presentation was inspired by the 2016 white paper put out by @ARKInvest & @coinbase, which involved @WhiteAdamL, @wintonARK, @CathieDWood & myself. Link to whitepaper here: research.ark-invest.com/bitcoin-asset-…
3/ When the white paper came out in July 2016, it got fanfare from the #cryptocommunity, but many from #WallSt dismissed it b/c the aggregate network value of #cryptoassets was $10.5B at the time. Asset classes store trillions, #crypto would never get there...
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