Bear market not dinosaur market

Let’s avoid quoting him and let him slip gently into history

At least half of those exchanges fake their volume.   I’m pretty sure Bitmex volume is exaggerated as well.

That list is a complete joke.  HitBTC is a shambles.  No way it is A-   

Internal Combustion Jihadist

Is anyone surprised that V8 Cash is engaging in deceptive and misleading marketing practices ?

When Pornhub

Cylinder Maximalist

Nice spread.  $10 buy side $78 sell side. 

I would take those prices with a grain of salt until we see open trading on an actual exchange.

Bitcoin has already had 100+ forks.  Most die at birth (Bitcoin United anyone?). Some survive and become quasi-legitimate in their own right (Litecoin or Dash).  But mostly the forks have little to no impact and are ignored.  

Delay to Constantinople means ETH difficulty bomb not defused





https://twitter.com/econoar/status/1085355924779200512?s=21

Yeah well the idea is the price gets trapped between the 200 Weekly MA (purple line) and the downtrend.  It is left with nowhere to go so gets forced up and breaks the downtrend.  But the price is still around the same level as it is today - it just tracks sideway in a range of $3250 - $4,000.

June 2019 is as good a guess as any

How about I have stopped smoking the bear dopium?

I don't think anyone cares about Bakkt one way or another at this point.

We have to allow for the risk that we do not get a volume event this time.  Or maybe we get a volume bounce off the 200 Weekly MA which sits at $3250.  

This is still very much an untested hypothesis.

Edit:  the technicals still say we are sitting in a confirmed downtrend.  But that's not the point.  We are trying to predict the bottom before it shows in the technicals.  

From the Wikipedia link, referencing Mythbusters: