Above $12k there is very little resistance to ATH and above. All the hard work has been done breaking $4k, $6k, $10k, $12k.
Which means that at this point either:
1) Moon, and then some. Or
2) This is where institutions dump on the Retail guys who are just getting brave enough to come back in after getting so badly burned in 2018.
Thoughts?

Sydney team members (including tech) are on Slack, so it's easier to answer questions there - please do copy them over and maybe @Jins?
I'm not a full-time team member. I've been involved since well before the start of Incent - in fact, I started my crypto career with Bitscan over 5 years ago now - and have been involved in various capacities over that time. I'm also an equity holder in the company. Sometimes things don't fit into neat boxes. Being on the other side of the world to Sydney will have that effect too.

A lot of this information is available on our blog. Have you read it?
It's probably best to let someone from the Sydney team answer some of your other questions. That's easier on Slack.

It's a one-off event that takes a few minutes at most. The process - and the protections around it - are similar to those for accounting software like QuickBooks, investment apps, online banking apps, etc. https://www.incent.com/why-you-can-be-confident-sharing-your-banking-information-with-incent/
After that, it completely eliminates friction. Retailers don't have to swipe a card at the checkout, customers don't even need to know that store offers rewards. It is dramatically better than the current system, which requires consumers carry multiple cards.


It's a two-strand piece. Half the rewards come from customer subscriptions. Half will come from retailers who are willing to pay for repeat custom and the insights it gives them. And yes, customers can choose what accounts are linked and what data is collected. This is the age of GDPR, after all.

Google Trends and data on wallet sizes. Very little retail interest so far - it's mainly big holders who have accumulated.
Even when BTC broke $10k we saw little mainstream media interest. In 2017 the BBC and just about every other major news site ran daily articles on crypto. Almost nothing this time. I guess they still feel burned by last time.
It's starting to change, but only just getting going now.

I mean that there have been various trials of the different pieces of tech, some paid by external customers, some not. What's happening now is scaling based on the insights gained over that time.
In terms of evolution, Incent has come a very long way. The essential idea is the same: funnel consumer dollars into a fixed-supply crypto. How we're going about that is quite different. For example, Insync was never part of the original idea but is a brilliant way to track spending frictionlessly. It also removes the need for website integrations (like WooCommerce etc) because it takes place one step further back, at the level of bank transfers not the e-commerce platform.

Absolutely not, and an active exchange for US customers is not required for Incent to serve the US market - even if it would be nice.
In terms of your other points, Incent has taken some time to evolve and there have been numerous successful proofs of concept (like the toolbar, Gfinity 'Ingage' tech - which is still very much active), which go into the current offering.

Incent Targets Broken Economy With Blockchain Rewards

Australia’s first crypto is seeking to overhaul the loyalty industry and change the way consumers spend, save and build wealth – at a time of unprecedented challenges for millennials and the younger generations.

Over the past two years, loyalty has emerged as a major use case for blockchain technology, offering efficiencies and entirely new business models. It is an open secret that conventional consumer loyalty is broken, with most rewards schemes offering little value for customers and retailers alike.

Now, Incent – Australia’s first major crypto project, established in 2016 – is ready to target a broken industry with ground-breaking new technology. Incent offers a means for ordinary consumers to save and build wealth as they go about their day-to-day spending – turning their crypto rewards into a meaningful nest egg at a time when millennials and younger generations are struggling with debt and lack of opportunity as never before.

Flagship Product
Incent’s flagship product is a platform with a built-in wallet that plugs into bank accounts and other services, seamlessly distributing rewards against spending and other user activity. The product enables users to receive tailored rewards from retailers, while businesses can learn more about their customers’ spending habits on an aggregate basis, allowing ordinary shoppers to monetise a valuable resource: their data.

‘As a crypto token, the openness and fixed supply of Incent means we can actually use it to build wealth through everyday spending – channeling consumer dollars into an asset of holding value that can’t be expired or diluted by the issuer,’ comments Incent CEO Rob Wilson, the former naval officer who founded the company.

Frictionless tech
Incent’s advantages are built on two key technologies. The first is blockchain. INCNT is a digital token that can be transferred, traded or held independently of any third parties – unlike conventional rewards, which are carefully controlled by their issuing companies. The INCNT token has been freely available to trade on major crypto exchange Bittrex since early in 2017. (For everyday users, the AUSTRAC-registered and patent-pending Incent platform offers a simple and convenient way to access their rewards.)

The second major strand is Incent’s custom-built InSync technology, which offers users the ability to sync their bank accounts in a similar way to mainstream accounting software and mobile phone banking apps. The upshot is that issuance of rewards against purchases can be absolutely seamless, with crypto tokens automatically credited to the customer’s Incent account. ‘And it’s all without the need for any plastic loyalty cards, new point-of-sale terminals or any other retailer infrastructure,’ explains Jins Kaduthodil, Incent’s co-founder and Head of Product. ‘There is literally zero friction for businesses or consumers.’

Mainstream launch
Incent’s waiting list is currently live, with full launch planned for July. Consumers will be rewarded in Incent tokens on every spend they make. To find out more, visit www.incent.com.

Incent Slack: https://incentinvites.herokuapp.com/

Incent Telegram: https://t.me/IncentLoyalty

Stay tuned - we're looking to refresh this thread with the updated branding and announcement of the big July 2019 rollout (sign-ups currently live on www.incent.com). Incent is planning to break into the Australian mainstream this year, followed by global expansion if that's a success.

This was important and expected retest of support.

Looks like you asked this question in Telegram too and got an answer. Withdraw is INCNT right now.

I'm certainly not discounting that.
$5k felt like cheating. That massive buy was impressive but just one guy and we don't know his motives.

YES. 48k. How many hours spent watching those loading lines...?
I live in the same city as Clive. Saw him riding a C5 once, like time was going to tell on that thing and one day he'd be vindicated. Brilliant.

Relationship between chart and baseline is also very useful, so thanks again. It looks like +0.5-0.6 would be into bubble territory next time around.

Thanks! The equation I dug out and tweaked was 0.014*2^(0.32*sqrt(t)), starting from July 2010. It's not bad but not perfect. https://imgur.com/a/9YB1q4f
Your equation is quite a lot simpler by the look of it but I'm assuming more accurate.
I don't (currently) have the maths to fine tune this except by trial and error, so I appreciate the help. Please let me known any Twitter handle etc and I'll happily credit you on the site when we've got this up and running.

That's a surprisingly short list.

This is a great piece of work and just what I'm looking for.
I'm putting together a series of indicators and trends for a news site, www.bitcoinbulletin.org. The idea is to offer fundamental/long term price development and projects as well as short term indicators. The first category will include 200 WMA, log curve and 'expert' predictions for context; the second signals like NVT and Fear/Greed Index.
I've been particularly interested by Peterson's work on Facebook/Bitcoin network size, time and price in this paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3356098 This has proven an extremely good baseline for bitcoin's 'clean' price (i.e. non-bubble price).
@birr do you have the equation you used for that square root baseline? I've been struggling to come up with something meaningful myself.
Appreciate the work you've done on this and thanks in advance.

$4,200 retest wouldn't surprise me. Might even say it was necessary.
In other news, Craig is due in court today.
TL;DR Hedge BTC gains, leverage long popcorn.

KFC submitted.
Meanwhile, Ver increases BCH supply to 22 million: https://bitcoinbulletin.org/bitcoin-cash-to-increase-supply-to-22-million/
Naturally, there's only one possible response from BSV: https://cryptoinferno.org/news/craig-wright-increases-bsv-supply-23-million/

If you press the 'Shift' key you can capitalise the words at the beginning of your sentences. There should be one each side of the keyboard. It probably has an Up arrow on it.