VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS41.56%
Net Worth
1.788USD
STEEM
0.017STEEM
SBD
0.159SBD
Own SP
31.624SP
Detailed Balance
| STEEM | ||
| balance | 0.017STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 31.624SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 0.000SP | SP |
| Effective Power | 31.624SP | SP |
| Reward SP (pending) | 0.113SP | SP |
| SBD | ||
| sbd_balance | 0.069SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.090SBD | SBD |
{
"balance": "0.017 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "51497.631755 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"sbd_balance": "0.069 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.090 SBD",
"conversions": []
}Account Info
| name | mentium |
| id | 18836 |
| rank | 60,322 |
| reputation | 30947120887 |
| created | 2016-07-13T03:57:27 |
| recovery_account | steem |
| proxy | None |
| post_count | 48 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-11-20T12:37:03 |
| last_root_post | 2018-10-14T20:20:42 |
| last_vote_time | 2018-11-20T12:37:12 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 9,414 |
| delayed_votes | 0 |
| balance | 0.017 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.069 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 51497.631755 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 0.000000 VESTS |
| reward_vesting_balance | 228.134768 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2018-05-10T11:20:27 |
| mined | No |
| sbd_seconds | 52,292,136 |
| sbd_last_interest_payment | 2018-10-05T22:47:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 18836,
"name": "mentium",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM88uetR1snWZqDXQamZqVTX5F7zdGy3rTHjWyLc4AFxQCX7YVH8",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6hVv5cxjkuCgJzYtLHyP7Y7S6b9veVDASVAwRLBnWtyRS3Yxze",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM5XReFP5mu6DNRYWrT7xfcpezkTYDe4WeLXfGqenoEUrtEdB9na",
1
]
]
},
"memo_key": "STM5EKY21uuETLkSf8epzDPfpSTDREcsQpH5Qa2ESFZjnyAD96hAC",
"json_metadata": "{\"profile\":{\"name\":\"Mentium\",\"location\":\"UK\",\"profile_image\":\"https://media.licdn.com/mpr/mpr/shrinknp_400_400/AAEAAQAAAAAAAAmoAAAAJDc0ODIwNWUyLWE1N2EtNDg3My05ZWFkLTkxZjUxNDU4M2I0Yg.jpg\"}}",
"posting_json_metadata": "{\"profile\":{\"name\":\"Mentium\",\"location\":\"UK\",\"profile_image\":\"https://media.licdn.com/mpr/mpr/shrinknp_400_400/AAEAAQAAAAAAAAmoAAAAJDc0ODIwNWUyLWE1N2EtNDg3My05ZWFkLTkxZjUxNDU4M2I0Yg.jpg\"}}",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "2018-05-10T11:20:27",
"created": "2016-07-13T03:57:27",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 48,
"can_vote": true,
"voting_manabar": {
"current_mana": "48480156772",
"last_update_time": 1542717432
},
"downvote_manabar": {
"current_mana": 0,
"last_update_time": 1468382247
},
"voting_power": 9414,
"balance": "0.017 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.069 SBD",
"sbd_seconds": "52292136",
"sbd_seconds_last_update": "2018-10-14T20:23:42",
"sbd_last_interest_payment": "2018-10-05T22:47:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.090 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "228.134768 VESTS",
"reward_vesting_steem": "0.113 STEEM",
"vesting_shares": "51497.631755 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "0.000000 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 0,
"posting_rewards": 1833,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2018-11-20T12:37:03",
"last_root_post": "2018-10-14T20:20:42",
"last_vote_time": "2018-11-20T12:37:12",
"post_bandwidth": 10000,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": "30947120887",
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 60322
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2023/10/25 17:33:42
2023/10/25 17:33:42
| parent author | mentium |
| parent permlink | btc-triple-bottom-false-breakout-where-next |
| author | kjnkce |
| permlink | s33i44 |
| title | |
| body | Thank you for the simple and easy post https://9blz.com/triple-bottom-pattern/ |
| json metadata | {"links":["https://9blz.com/triple-bottom-pattern/"],"app":"steemit/0.2"} |
| Transaction Info | Block #79307214/Trx 5499767d59b025a785cad3397fdf3e5e44b49d71 |
View Raw JSON Data
{
"trx_id": "5499767d59b025a785cad3397fdf3e5e44b49d71",
"block": 79307214,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-10-25T17:33:42",
"op": [
"comment",
{
"parent_author": "mentium",
"parent_permlink": "btc-triple-bottom-false-breakout-where-next",
"author": "kjnkce",
"permlink": "s33i44",
"title": "",
"body": "Thank you for the simple and easy post https://9blz.com/triple-bottom-pattern/",
"json_metadata": "{\"links\":[\"https://9blz.com/triple-bottom-pattern/\"],\"app\":\"steemit/0.2\"}"
}
]
}2019/08/22 16:02:36
2019/08/22 16:02:36
| from | dtube |
| to | mentium |
| amount | 0.001 STEEM |
| memo | Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube |
| Transaction Info | Block #35779261/Trx fc24da838f10f67e068d8dfbf5c8e2a0856030f5 |
View Raw JSON Data
{
"trx_id": "fc24da838f10f67e068d8dfbf5c8e2a0856030f5",
"block": 35779261,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-08-22T16:02:36",
"op": [
"transfer",
{
"from": "dtube",
"to": "mentium",
"amount": "0.001 STEEM",
"memo": "Time is running out, claim your DTube account now before anyone else can! Login at https://d.tube"
}
]
}2019/07/13 05:25:54
2019/07/13 05:25:54
| parent author | mentium |
| parent permlink | i-will-keep-this-short-but-sweet-when-it-comes-to-tether |
| author | steemitboard |
| permlink | steemitboard-notify-mentium-20190713t052555000z |
| title | |
| body | Congratulations @mentium! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@mentium/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@mentium) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=mentium)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #34617591/Trx 98e86a8db23765e57f35ed43e399d8f6c185f8bf |
View Raw JSON Data
{
"trx_id": "98e86a8db23765e57f35ed43e399d8f6c185f8bf",
"block": 34617591,
"trx_in_block": 16,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-07-13T05:25:54",
"op": [
"comment",
{
"parent_author": "mentium",
"parent_permlink": "i-will-keep-this-short-but-sweet-when-it-comes-to-tether",
"author": "steemitboard",
"permlink": "steemitboard-notify-mentium-20190713t052555000z",
"title": "",
"body": "Congratulations @mentium! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@mentium/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@mentium) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=mentium)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
}
]
}2018/11/20 12:37:12
2018/11/20 12:37:12
| voter | mentium |
| author | mentium |
| permlink | re-cryptonized-bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week-20181120t123702396z |
| weight | 10000 (100.00%) |
| Transaction Info | Block #27865382/Trx 50d4d6ab8bd92c067e84d489fdb6102eb897e437 |
View Raw JSON Data
{
"trx_id": "50d4d6ab8bd92c067e84d489fdb6102eb897e437",
"block": 27865382,
"trx_in_block": 31,
"op_in_trx": 0,
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"timestamp": "2018-11-20T12:37:12",
"op": [
"vote",
{
"voter": "mentium",
"author": "mentium",
"permlink": "re-cryptonized-bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week-20181120t123702396z",
"weight": 10000
}
]
}mentiumupvoted (100.00%) @cryptonized / bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week2018/11/20 12:37:09
mentiumupvoted (100.00%) @cryptonized / bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week
2018/11/20 12:37:09
| voter | mentium |
| author | cryptonized |
| permlink | bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week |
| weight | 10000 (100.00%) |
| Transaction Info | Block #27865381/Trx 139da374585934abde397f0da9fd8ab074887759 |
View Raw JSON Data
{
"trx_id": "139da374585934abde397f0da9fd8ab074887759",
"block": 27865381,
"trx_in_block": 6,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-11-20T12:37:09",
"op": [
"vote",
{
"voter": "mentium",
"author": "cryptonized",
"permlink": "bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week",
"weight": 10000
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]
}2018/11/20 12:37:03
2018/11/20 12:37:03
| parent author | cryptonized |
| parent permlink | bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week |
| author | mentium |
| permlink | re-cryptonized-bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week-20181120t123702396z |
| title | |
| body | If head back up to $4600, watch the shorts start to close and likely to start a short squeeze |
| json metadata | {"tags":["newslink"],"app":"steemit/0.1"} |
| Transaction Info | Block #27865379/Trx 3cfcea7d9c0b08a4542d37c531f6c53fda3d777c |
View Raw JSON Data
{
"trx_id": "3cfcea7d9c0b08a4542d37c531f6c53fda3d777c",
"block": 27865379,
"trx_in_block": 60,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-11-20T12:37:03",
"op": [
"comment",
{
"parent_author": "cryptonized",
"parent_permlink": "bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week",
"author": "mentium",
"permlink": "re-cryptonized-bitcoin-extends-slide-to-below-4500-loses-30-percent-in-a-week-20181120t123702396z",
"title": "",
"body": "If head back up to $4600, watch the shorts start to close and likely to start a short squeeze",
"json_metadata": "{\"tags\":[\"newslink\"],\"app\":\"steemit/0.1\"}"
}
]
}mentiumupvoted (100.00%) @marketingmonk / 50a7r7h92018/11/20 12:35:36
mentiumupvoted (100.00%) @marketingmonk / 50a7r7h9
2018/11/20 12:35:36
| voter | mentium |
| author | marketingmonk |
| permlink | 50a7r7h9 |
| weight | 10000 (100.00%) |
| Transaction Info | Block #27865350/Trx 326b95f0f724bc7540e88ea06306cc4c00ba763c |
View Raw JSON Data
{
"trx_id": "326b95f0f724bc7540e88ea06306cc4c00ba763c",
"block": 27865350,
"trx_in_block": 24,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-11-20T12:35:36",
"op": [
"vote",
{
"voter": "mentium",
"author": "marketingmonk",
"permlink": "50a7r7h9",
"weight": 10000
}
]
}2018/10/15 06:56:03
2018/10/15 06:56:03
| parent author | mentium |
| parent permlink | i-will-keep-this-short-but-sweet-when-it-comes-to-tether |
| author | mentium |
| permlink | re-mentium-i-will-keep-this-short-but-sweet-when-it-comes-to-tether-20181015t065603830z |
| title | |
| body | And it is now happening - congratulations to those who decided to short USDT |
| json metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
| Transaction Info | Block #26822514/Trx fdf609bc6a5fc447cf4cdf3ed48399af43b6f01b |
View Raw JSON Data
{
"trx_id": "fdf609bc6a5fc447cf4cdf3ed48399af43b6f01b",
"block": 26822514,
"trx_in_block": 18,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-10-15T06:56:03",
"op": [
"comment",
{
"parent_author": "mentium",
"parent_permlink": "i-will-keep-this-short-but-sweet-when-it-comes-to-tether",
"author": "mentium",
"permlink": "re-mentium-i-will-keep-this-short-but-sweet-when-it-comes-to-tether-20181015t065603830z",
"title": "",
"body": "And it is now happening - congratulations to those who decided to short USDT",
"json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}"
}
]
}2018/10/14 20:23:42
2018/10/14 20:23:42
| from | allaz |
| to | mentium |
| amount | 0.001 SBD |
| memo | Promote your post. Your post will be min. 10 resteemed with over 13000 followers and min. 25 Upvote Different account (5000 STEEM POWER). Your post will be more popular and you will find new friends. Send 0.5 SBD or STEEM to @allaz ( URL as memo ) Service Active. |
| Transaction Info | Block #26809879/Trx 66371bf60156b1910f309a1f3416b3415b2a9ca1 |
View Raw JSON Data
{
"trx_id": "66371bf60156b1910f309a1f3416b3415b2a9ca1",
"block": 26809879,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-10-14T20:23:42",
"op": [
"transfer",
{
"from": "allaz",
"to": "mentium",
"amount": "0.001 SBD",
"memo": "Promote your post. Your post will be min. 10 resteemed with over 13000 followers and min. 25 Upvote Different account (5000 STEEM POWER). Your post will be more popular and you will find new friends. Send 0.5 SBD or STEEM to @allaz ( URL as memo ) Service Active."
}
]
}2018/10/14 20:21:00
2018/10/14 20:21:00
| parent author | mentium |
| parent permlink | i-will-keep-this-short-but-sweet-when-it-comes-to-tether |
| author | steemybot |
| permlink | re-i-will-keep-this-short-but-sweet-when-it-comes-to-tether-20181014t202058 |
| title | |
| body | This post was upvoted by @steemybot, Send at least 0.01 STEEM or SBD and get an upvote. Join my discord server for free weighted upvoting for each post, just put the command !upvote before the web address of the post and you will get a free upvote within 2 mins.<br><br>@steemybot our mission is to support high quality posts which will raise the value of the STEEM Blockchain. |
| json metadata | |
| Transaction Info | Block #26809825/Trx 21341a277047ab8515f765c2765c4587c9dd297a |
View Raw JSON Data
{
"trx_id": "21341a277047ab8515f765c2765c4587c9dd297a",
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"author": "steemybot",
"permlink": "re-i-will-keep-this-short-but-sweet-when-it-comes-to-tether-20181014t202058",
"title": "",
"body": "This post was upvoted by @steemybot, Send at least 0.01 STEEM or SBD and get an upvote. Join my discord server for free weighted upvoting for each post, just put the command !upvote before the web address of the post and you will get a free upvote within 2 mins.<br><br>@steemybot our mission is to support high quality posts which will raise the value of the STEEM Blockchain.",
"json_metadata": ""
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}steemybotupvoted (7.00%) @mentium / i-will-keep-this-short-but-sweet-when-it-comes-to-tether2018/10/14 20:20:57
steemybotupvoted (7.00%) @mentium / i-will-keep-this-short-but-sweet-when-it-comes-to-tether
2018/10/14 20:20:57
| voter | steemybot |
| author | mentium |
| permlink | i-will-keep-this-short-but-sweet-when-it-comes-to-tether |
| weight | 700 (7.00%) |
| Transaction Info | Block #26809824/Trx a6ad2968ef65b38409409de48f34818f3c3c65cb |
View Raw JSON Data
{
"trx_id": "a6ad2968ef65b38409409de48f34818f3c3c65cb",
"block": 26809824,
"trx_in_block": 23,
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"timestamp": "2018-10-14T20:20:57",
"op": [
"vote",
{
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"author": "mentium",
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"weight": 700
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}mentiumpublished a new post: i-will-keep-this-short-but-sweet-when-it-comes-to-tether2018/10/14 20:20:42
mentiumpublished a new post: i-will-keep-this-short-but-sweet-when-it-comes-to-tether
2018/10/14 20:20:42
| parent author | |
| parent permlink | cryptocurrency |
| author | mentium |
| permlink | i-will-keep-this-short-but-sweet-when-it-comes-to-tether |
| title | I will keep this "short" but sweet when it comes to Tether |
| body | I love crypto, I think the technology is amazing. Satoshi, has given the World a brilliant gift blockchains. But due to human greed, over promises, the market popped. Failed ICOs, over priced technology that didn't exist. We all followed and believed then got greedy. We already know what a Bubble feels like and now fast forward almost 1 year, we have now experienced, what a bear market is. Us amateurs have been able to become professionals, through first hand experience. We also collectively know of the strong fundamentals that have been building. I.e Nasdaq backed exchange, OTC counters with Billions of daily volume, and eventually a ETF. From University Funds now entering publicly, and technology actually maturing . The fundamentals are bullish. But there are some nay-Sayers. Such as Nouriel Roubini, but personally I think he was not taken seriously by the Senate Committee - By their tact and questioning, they saw through the rant of his little understanding. And were more interested in the benefits and its technology. But like Bitfinnex'ed on twitter, they do have a point about Tether. We all know about the supposed Tether Bomb- how do we react with the accompanying FUD, rumours and vague responses by Bitfinex. It may be them bank hopping, and finding it difficult for them to service fiat, but with no clear audit, we can see some weaknesses. Unlike that of newer stable coins, which are finding this easy to achieve. We also know that USDT premium has grown for over a week or so. Here are my personal recordings of highest difference per day: 03.10.2018 -$43.97 04.10.2018 -$56.54 05.10.2018 -$58.78 10.10.2018 -$91 14.10.2018 -$147.11 Currently as of 8:22pm UK Time it is now $164.85 Bitfinex's Cold wallet is still decreasing. https://bitinfocharts.com/bitcoin/wallet/Bitfinex-coldwallet  Just under 27,000 BTC since 1st October 2018. That is $168 million in two weeks. -16.38% drop in their BTC wallets. I even looked at previous months. And up until September 7th, the wallet count was increasing - reaching a maximum amount of 226,204 BTC. But since then, there has been 88,500 BTC removed. Which would be a 39.12% drop in only 2 Months. As wise investors, we would not overlook such red flags and we should have an accompanying strategy to deal with this. *So what could we do?* One idea is actually shorting USDT. Risk wise, at current prices 1 USDT to $0.975. About 2.5% Loss if the bet went wrong. As it is capped by its "peg". I.e for every $1000, the loss is $25, if Tether does come out with official banking or legitimate industry standard audit. But if Tether does turn out not to have banking and trust capitulates. Tether could crash into double figures. And from a premium currently being created, it will distort crypto-currency prices. Causing confusion and likely causing price panic. Compare Coinbase to Binance and you will see there is already a $150 between BTC prices. But the fundamentals apart from this issue are very strong, so any dip may correct just as fast. Or Tether dies slowly and other Stable coins take over the market, with crypto prices unaffected. I don't confess to understand and give every way to protect yourself - I am not a financial adviser. But I have been exploring shorting Tether, which can be done via Kraken. Keep some BTC on it and then short USDT. It may not be perfect, but if Tether bomb actually goes off, at least your insured. |
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"title": "I will keep this \"short\" but sweet when it comes to Tether",
"body": "I love crypto, I think the technology is amazing. Satoshi, has given the World a brilliant gift blockchains. But due to human greed, over promises, the market popped. Failed ICOs, over priced technology that didn't exist. We all followed and believed then got greedy. \n\nWe already know what a Bubble feels like and now fast forward almost 1 year, we have now experienced, what a bear market is. \n\nUs amateurs have been able to become professionals, through first hand experience. \n\nWe also collectively know of the strong fundamentals that have been building. I.e Nasdaq backed exchange, OTC counters with Billions of daily volume, and eventually a ETF. From University Funds now entering publicly, and technology actually maturing . The fundamentals are bullish.\n\nBut there are some nay-Sayers. Such as Nouriel Roubini, but personally I think he was not taken seriously by the Senate Committee - By their tact and questioning, they saw through the rant of his little understanding. And were more interested in the benefits and its technology. \n\nBut like Bitfinnex'ed on twitter, they do have a point about Tether. \n\nWe all know about the supposed Tether Bomb- how do we react with the accompanying FUD, rumours and vague responses by Bitfinex. It may be them bank hopping, and finding it difficult for them to service fiat, but with no clear audit, we can see some weaknesses. Unlike that of newer stable coins, which are finding this easy to achieve. \n\nWe also know that USDT premium has grown for over a week or so. Here are my personal recordings of highest difference per day: \n\n03.10.2018\t-$43.97\n04.10.2018\t-$56.54\n05.10.2018\t-$58.78\n10.10.2018\t-$91\n14.10.2018\t-$147.11\n\nCurrently as of 8:22pm UK Time it is now $164.85\n\nBitfinex's Cold wallet is still decreasing. https://bitinfocharts.com/bitcoin/wallet/Bitfinex-coldwallet\n\n\n\nJust under 27,000 BTC since 1st October 2018. That is $168 million in two weeks. -16.38% drop in their BTC wallets. \n\nI even looked at previous months. And up until September 7th, the wallet count was increasing - reaching a maximum amount of 226,204 BTC. But since then, there has been 88,500 BTC removed. Which would be a 39.12% drop in only 2 Months. \n\nAs wise investors, we would not overlook such red flags and we should have an accompanying strategy to deal with this. \n\n*So what could we do?*\n\nOne idea is actually shorting USDT. Risk wise, at current prices 1 USDT to $0.975. About 2.5% Loss if the bet went wrong. As it is capped by its \"peg\".\n\nI.e for every $1000, the loss is $25, if Tether does come out with official banking or legitimate industry standard audit. \n\nBut if Tether does turn out not to have banking and trust capitulates. Tether could crash into double figures. And from a premium currently being created, it will distort crypto-currency prices. Causing confusion and likely causing price panic. Compare Coinbase to Binance and you will see there is already a $150 between BTC prices. \n\nBut the fundamentals apart from this issue are very strong, so any dip may correct just as fast. Or Tether dies slowly and other Stable coins take over the market, with crypto prices unaffected. \n\nI don't confess to understand and give every way to protect yourself - I am not a financial adviser. But I have been exploring shorting Tether, which can be done via Kraken. Keep some BTC on it and then short USDT. It may not be perfect, but if Tether bomb actually goes off, at least your insured.",
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}mentiumreceived 0.090 SBD, 0.140 SP author reward for @mentium / re-louisthomas-prepare-for-fireworks-in-crypto-market-in-3-2-1-20181005t225205863z2018/10/12 22:52:18
mentiumreceived 0.090 SBD, 0.140 SP author reward for @mentium / re-louisthomas-prepare-for-fireworks-in-crypto-market-in-3-2-1-20181005t225205863z
2018/10/12 22:52:18
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| permlink | re-louisthomas-prepare-for-fireworks-in-crypto-market-in-3-2-1-20181005t225205863z |
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}2018/10/06 08:26:39
2018/10/06 08:26:39
| parent author | mentium |
| parent permlink | re-toofasteddie-bitcoin-symmetrical-triangle-high-indecision-20181005t225641035z |
| author | scorer |
| permlink | re-mentium-re-toofasteddie-bitcoin-symmetrical-triangle-high-indecision-20181006t082640021z |
| title | |
| body | I'm not so happy about another fake pump up, because that means that going down is postponed for more months. |
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"body": "I'm not so happy about another fake pump up, because that means that going down is postponed for more months.",
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}2018/10/05 23:13:21
2018/10/05 23:13:21
| parent author | mentium |
| parent permlink | re-toofasteddie-bitcoin-symmetrical-triangle-high-indecision-20181005t225641035z |
| author | toofasteddie |
| permlink | re-mentium-re-toofasteddie-bitcoin-symmetrical-triangle-high-indecision-20181005t231322000z |
| title | |
| body | I saw that candle, just when I posted yes...we need more volume to go upwards |
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}2018/10/05 23:11:39
2018/10/05 23:11:39
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}2018/10/05 22:59:18
2018/10/05 22:59:18
| parent author | mentium |
| parent permlink | how-safe-is-usd-tether-noble-bank-bitfinex-and-tether |
| author | mentium |
| permlink | re-mentium-how-safe-is-usd-tether-noble-bank-bitfinex-and-tether-20181005t225906855z |
| title | |
| body | We appear to have broken out above the longer term triangle, still need a confirmation on longer time frames, but if we rise to $6800, then $7400, if Noble go bankrupt - it will effect this mini bull run prematurely |
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"body": "We appear to have broken out above the longer term triangle, still need a confirmation on longer time frames, but if we rise to $6800, then $7400, if Noble go bankrupt - it will effect this mini bull run prematurely",
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}2018/10/05 22:58:36
2018/10/05 22:58:36
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| author | mentium |
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}2018/10/05 22:56:51
2018/10/05 22:56:51
| parent author | toofasteddie |
| parent permlink | bitcoin-symmetrical-triangle-high-indecision |
| author | mentium |
| permlink | re-toofasteddie-bitcoin-symmetrical-triangle-high-indecision-20181005t225641035z |
| title | |
| body | Looks like we are just about broke upwards of the very long term triangle. You should have seen the 1 minute pump, from $6563 to $6621. Now we need it to hold above the top of the triangle for longer time frames and everyone will feel a little bit more confident, meaning we are likely to head to $6800 as the next stop. |
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"body": "Looks like we are just about broke upwards of the very long term triangle. You should have seen the 1 minute pump, from $6563 to $6621. \n\nNow we need it to hold above the top of the triangle for longer time frames and everyone will feel a little bit more confident, meaning we are likely to head to $6800 as the next stop.",
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}chingaupvoted (100.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether2018/10/05 22:54:30
chingaupvoted (100.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether
2018/10/05 22:54:30
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}chingaupvoted (100.00%) @mentium / is-eos-about-to-breakout2018/10/05 22:54:15
chingaupvoted (100.00%) @mentium / is-eos-about-to-breakout
2018/10/05 22:54:15
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| author | mentium |
| permlink | is-eos-about-to-breakout |
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}2018/10/05 22:52:54
2018/10/05 22:52:54
| parent author | mentium |
| parent permlink | re-chinga-news-about-the-bitcoin-a-spanish-port-will-use-blockchain-and-big-data-to-create-a-smart-port-20181005t224829224z |
| author | chinga |
| permlink | re-mentium-re-chinga-news-about-the-bitcoin-a-spanish-port-will-use-blockchain-and-big-data-to-create-a-smart-port-20181003t035149688z |
| title | |
| body | If this friend is spreading a lot blockchain it will be a good success as it is |
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}mentiumupvoted (100.00%) @louisthomas / prepare-for-fireworks-in-crypto-market-in-3-2-12018/10/05 22:52:51
mentiumupvoted (100.00%) @louisthomas / prepare-for-fireworks-in-crypto-market-in-3-2-1
2018/10/05 22:52:51
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}2018/10/05 22:52:33
2018/10/05 22:52:33
| voter | mentium |
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}2018/10/05 22:52:18
2018/10/05 22:52:18
| parent author | louisthomas |
| parent permlink | prepare-for-fireworks-in-crypto-market-in-3-2-1 |
| author | mentium |
| permlink | re-louisthomas-prepare-for-fireworks-in-crypto-market-in-3-2-1-20181005t225205863z |
| title | |
| body | Price has broke upwards - we are a tiny bit out of the triangle, but seems to be a nice bullish signal. We just need it to hold for the 4 hourly and then watch the masses enter. Just hope the Tether issue does not come into play. |
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"body": "Price has broke upwards - we are a tiny bit out of the triangle, but seems to be a nice bullish signal. We just need it to hold for the 4 hourly and then watch the masses enter. Just hope the Tether issue does not come into play.",
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2018/10/05 22:50:39
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2018/10/05 22:48:39
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| permlink | re-chinga-news-about-the-bitcoin-a-spanish-port-will-use-blockchain-and-big-data-to-create-a-smart-port-20181005t224829224z |
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| body | This is great news - it seems like everyday - a new company / organisation is adopting blockchain tech |
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mentiumclaimed reward balance: 0.011 STEEM, 0.001 SBD, 0.015 SP
2018/10/05 22:47:00
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}mentiumupvoted (100.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether2018/10/05 22:46:27
mentiumupvoted (100.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether
2018/10/05 22:46:27
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}mrakodrapupvoted (10.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether2018/10/05 20:08:36
mrakodrapupvoted (10.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether
2018/10/05 20:08:36
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}hackerzizonupvoted (5.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether2018/10/05 18:35:09
hackerzizonupvoted (5.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether
2018/10/05 18:35:09
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}alphabotupvoted (1.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether2018/10/05 18:33:24
alphabotupvoted (1.00%) @mentium / how-safe-is-usd-tether-noble-bank-bitfinex-and-tether
2018/10/05 18:33:24
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}mentiumpublished a new post: how-safe-is-usd-tether-noble-bank-bitfinex-and-tether2018/10/05 18:33:15
mentiumpublished a new post: how-safe-is-usd-tether-noble-bank-bitfinex-and-tether
2018/10/05 18:33:15
| parent author | |
| parent permlink | cryptocurrency |
| author | mentium |
| permlink | how-safe-is-usd-tether-noble-bank-bitfinex-and-tether |
| title | How safe is USD Tether? Noble Bank, Bitfinex and Tether |
| body | There are plenty of worries surrounding Tether and whether Noble Bank is actually the main banking partner of Tether and Bitfinex. In addition to multiple stable coins being released recently with backing of compliant audits, it brings Tether into questionable territory. It could be well timed FUD or is there something more substantial to these worries. Lets take a look at what we know: **US Regulators are investigating but have not revealed what was in the subpoenas:** 30th January - https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc **Indirect connection between the founders of Noble Bank, Tether and BitFinex raised doubts whether the Tether project is legitimate or not:** Brock Pierce, who is the founder of Noble Bank, also co-founded Tether. Eugene Sullivan, who is in the board of advisors of Noble Bank, also happens to be the senior partner at Freeh Sporkin & Sullivan, a legal consultancy which served as auditors to Tether and Noble Bank. An independent blogger drew the connections between the firms concisely. Have a look: https://medium.com/@bitfinexed/the-tether-truth-machine-the-wheels-of-justice-turn-slowly-but-grind-exceedingly-finely-8e3bd72ad011  **Noble Bank seek buyer:** https://www.bloomberg.com/news/articles/2018-10-02/puerto-rico-s-cryptocurrency-bank-noble-is-said-to-seek-sale But note the article states that Bitfinex and Tether are no longer clients. But previous blogger whom connected the dots stipulates that Brock Pierce is the founder of Tether and Noble Bank. So how can you leave your own bank, where do the funds go to? **Or are the funds just frozen?** According to Noble Bank themselves, "NBI is a non-fractional reserve bank. This means that NBI does not lend or re-hypothecate client assets; rather, assets are legally segregated in the name of the client and bankruptcy-remote, held at NBI’s global custodian, BNY Mellon." https://medium.com/@noblebankint/noble-bank-international-the-next-generation-bank-designed-for-fx-otc-post-trade-services-d79dc6298f81 **What about the state of Tether.to itself. According to its website, they are not accepting any new registrations:**  Further if you do have an account, they are only allowing USDT Withdrawals, and this has been the same since Wells Fargo and Co dropped banking facilities.  **What about Bitfinex?** They have methods to accept Fiat and withdraw Fiat. But according to this Reddit thread, a number of users are reporting being ignored by support and are forced to escalate publicly, the delays via Bitfinex's banking method. With some users reporting bounced payments, or not receiving payments from Bitfinex: https://www.reddit.com/r/bitfinex/comments/9iqpp9/finance_tickets_escalation_thread/?sort=new  All of this kind of supports the idea that Tether and Bitfinex are having banking issues. **Are Tether printed from thin air?** Due to the superficial audit back in June 2018 by a law firm - Freeh Sporkin and Sullivan LLP. It only confirms that on that date USD was in two bank accounts that seem to cover USDT tokens in the market place. But the banks were not named and the Law firm is not an accountant, and did not follow compliant methods of a typical audit. https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/ **So what happens if Noble Bank go bankrupt?** Panic may ensue due to the lack of comments and transparency from Tether and Bitfinex. Causing traders/investors to flee to Crypto on Tether only exchanges, and then exiting to Fiat on other exchanges. Eventually causing inflated crypto prices to USDT then a price dip. But this may be short lived and is not clear at the moment. It all depends, on **BNY Mellon** (One of the biggest banks in the world) if they decide to announce that they have the Tether backed assets and that regulatory restrains restricted them from announcing this earlier or that they don't. Either way, Noble seem to have a short life span ahead of them, especially as they are seeking a buyer, just at cost of a banking license. And if no clear message is sent to the market, fear and panic are likely outcomes. Kind of a perfect storm for institutions. I.e Market dips due to lack of information. Institutions then buy as they may know more information on BNY Mellon's assets. Then BNY Mellon step in and confirm that they have these assets, then price rebounds. But only after the Retail market is punished one more time. Note this is merely my opinion and would love for more clarification from the market. What do you think? |
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"title": "How safe is USD Tether? Noble Bank, Bitfinex and Tether",
"body": "There are plenty of worries surrounding Tether and whether Noble Bank is actually the main banking partner of Tether and Bitfinex. In addition to multiple stable coins being released recently with backing of compliant audits, it brings Tether into questionable territory. \n\nIt could be well timed FUD or is there something more substantial to these worries. \n\nLets take a look at what we know: \n\n**US Regulators are investigating but have not revealed what was in the subpoenas:**\n\n 30th January - https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc\n\n**Indirect connection between the founders of Noble Bank, Tether and BitFinex raised doubts whether the Tether project is legitimate or not:**\n\nBrock Pierce, who is the founder of Noble Bank, also co-founded Tether. Eugene Sullivan, who is in the board of advisors of Noble Bank, also happens to be the senior partner at Freeh Sporkin & Sullivan, a legal consultancy which served as auditors to Tether and Noble Bank. An independent blogger drew the connections between the firms concisely. \n\nHave a look:\n\nhttps://medium.com/@bitfinexed/the-tether-truth-machine-the-wheels-of-justice-turn-slowly-but-grind-exceedingly-finely-8e3bd72ad011\n\n\n\n**Noble Bank seek buyer:**\n\nhttps://www.bloomberg.com/news/articles/2018-10-02/puerto-rico-s-cryptocurrency-bank-noble-is-said-to-seek-sale\n\nBut note the article states that Bitfinex and Tether are no longer clients. But previous blogger whom connected the dots stipulates that Brock Pierce is the founder of Tether and Noble Bank. So how can you leave your own bank, where do the funds go to? \n\n**Or are the funds just frozen?**\n\nAccording to Noble Bank themselves, \"NBI is a non-fractional reserve bank. This means that NBI does not lend or re-hypothecate client assets; rather, assets are legally segregated in the name of the client and bankruptcy-remote, held at NBI’s global custodian, BNY Mellon.\"\n\nhttps://medium.com/@noblebankint/noble-bank-international-the-next-generation-bank-designed-for-fx-otc-post-trade-services-d79dc6298f81\n\n**What about the state of Tether.to itself. According to its website, they are not accepting any new registrations:**\n\n\n\nFurther if you do have an account, they are only allowing USDT Withdrawals, and this has been the same since Wells Fargo and Co dropped banking facilities. \n\n\n\n**What about Bitfinex?** \n\nThey have methods to accept Fiat and withdraw Fiat. But according to this Reddit thread, a number of users are reporting being ignored by support and are forced to escalate publicly, the delays via Bitfinex's banking method. With some users reporting bounced payments, or not receiving payments from Bitfinex: \n\nhttps://www.reddit.com/r/bitfinex/comments/9iqpp9/finance_tickets_escalation_thread/?sort=new\n\n\n\nAll of this kind of supports the idea that Tether and Bitfinex are having banking issues. \n\n**Are Tether printed from thin air?**\n\nDue to the superficial audit back in June 2018 by a law firm - Freeh Sporkin and Sullivan LLP. It only confirms that on that date USD was in two bank accounts that seem to cover USDT tokens in the market place. But the banks were not named and the Law firm is not an accountant, and did not follow compliant methods of a typical audit. \n\nhttps://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/\n\n**So what happens if Noble Bank go bankrupt?** \n\nPanic may ensue due to the lack of comments and transparency from Tether and Bitfinex. Causing traders/investors to flee to Crypto on Tether only exchanges, and then exiting to Fiat on other exchanges. Eventually causing inflated crypto prices to USDT then a price dip. \n\nBut this may be short lived and is not clear at the moment. It all depends, on **BNY Mellon** (One of the biggest banks in the world) if they decide to announce that they have the Tether backed assets and that regulatory restrains restricted them from announcing this earlier or that they don't. \n\nEither way, Noble seem to have a short life span ahead of them, especially as they are seeking a buyer, just at cost of a banking license. \n\nAnd if no clear message is sent to the market, fear and panic are likely outcomes. Kind of a perfect storm for institutions. I.e Market dips due to lack of information. Institutions then buy as they may know more information on BNY Mellon's assets. Then BNY Mellon step in and confirm that they have these assets, then price rebounds. But only after the Retail market is punished one more time. \n\nNote this is merely my opinion and would love for more clarification from the market. What do you think?",
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}2018/10/05 16:41:57
2018/10/05 16:41:57
| voter | fastresteem |
| author | mentium |
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}mentiumpublished a new post: connecting-the-dots-with-the-uk-s-view-on-cryptocurrencies2018/10/05 16:41:48
mentiumpublished a new post: connecting-the-dots-with-the-uk-s-view-on-cryptocurrencies
2018/10/05 16:41:48
| parent author | |
| parent permlink | cryptocurrency |
| author | mentium |
| permlink | connecting-the-dots-with-the-uk-s-view-on-cryptocurrencies |
| title | Connecting the dots, with the UK's view on cryptocurrencies |
| body | The UK met it's Singapore counterparts in London on the 11th September. According to Crowdfundinsider: "The meeting took place in London where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation as strategically important for their economies. Developments pertaining to Fintech, including supervisory tech (Suptech or Regtech), cyber-security, as well as the hot topic of cryptocurrencies were on the agenda." But lets look into this further: Singapore seems to be pro-cryptocurrency, with welcoming many crypto related businesses like Binance.com and Crypto.com. There was also the recent announcement from The Monetary Authority of Singapore (MAS) and Singapore Exchange having announced partnerships with partner Anquan, Deloitte and Nasdaq that will “allow financial institutions and corporate investors to carry out simultaneous exchange and final settlement of tokenized digital currencies and securities assets.” We know that Deloitte are already heavily involved in many blockchain projects and add that Nasdaq are planning to launch Bakkt, a global trading system for digital assets, the news from Singapore is quite optimistic. With an expectation that this would have had a positive affect on the UK meeting. On the other-hand, the UK's announcements on cryptocurrencies. Who so far have been keeping their cards close to their chest, i.e Lord Bates, Minister of State at the Department for International Development having stated: “The Government has not made a formal assessment of any potential implications of recent changes in the value of cryptocurrencies. However, the Government continues to monitor developments in the cryptocurrency market”. Also on the 11th September, UK regulator's chief executive, Andrew Bailey stated "The impact of ‘technological change and innovation’ is one among them and the regulator is taking a measured approach to “firmly” support innovation while countering the threats they may pose" Andrew Bailey seems to suggest a balanced but positive approach for cryptocurrency regulations. But we will only know conclusively when the cryptoasset task force report is published due this 3rd quarter and find out if the Singapore government had any influence. Ref: https://buff.ly/2x7CjfV Ref: https://buff.ly/2x5fNnN Ref: https://buff.ly/2xikKdL Ref: https://buff.ly/2xikJXf |
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"body": "The UK met it's Singapore counterparts in London on the 11th September.\n\nAccording to Crowdfundinsider:\n\n\"The meeting took place in London where officials discussed regulatory initiatives and standards of conduct in the financial sector. Both the UK and Singapore have pursued Fintech innovation as strategically important for their economies. Developments pertaining to Fintech, including supervisory tech (Suptech or Regtech), cyber-security, as well as the hot topic of cryptocurrencies were on the agenda.\"\n\nBut lets look into this further:\n\nSingapore seems to be pro-cryptocurrency, with welcoming many crypto related businesses like Binance.com and Crypto.com.\n\nThere was also the recent announcement from The Monetary Authority of Singapore (MAS) and Singapore Exchange having announced partnerships with partner Anquan, Deloitte and Nasdaq that will “allow financial institutions and corporate investors to carry out simultaneous exchange and final settlement of tokenized digital currencies and securities assets.”\n\nWe know that Deloitte are already heavily involved in many blockchain projects and add that Nasdaq are planning to launch Bakkt, a global trading system for digital assets, the news from Singapore is quite optimistic. With an expectation that this would have had a positive affect on the UK meeting.\n\nOn the other-hand, the UK's announcements on cryptocurrencies. Who so far have been keeping their cards close to their chest, i.e Lord Bates, Minister of State at the Department for International Development having stated:\n\n“The Government has not made a formal assessment of any potential implications of recent changes in the value of cryptocurrencies. However, the Government continues to monitor developments in the cryptocurrency market”.\n\nAlso on the 11th September, UK regulator's chief executive, Andrew Bailey stated\n\n\"The impact of ‘technological change and innovation’ is one among them and the regulator is taking a measured approach to “firmly” support innovation while countering the threats they may pose\"\n\nAndrew Bailey seems to suggest a balanced but positive approach for cryptocurrency regulations. But we will only know conclusively when the cryptoasset task force report is published due this 3rd quarter and find out if the Singapore government had any influence.\n\nRef: https://buff.ly/2x7CjfV\n\nRef: https://buff.ly/2x5fNnN\n\nRef: https://buff.ly/2xikKdL\n\nRef: https://buff.ly/2xikJXf",
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}ashokramupvoted (100.00%) @mentium / btc-triple-bottom-false-breakout-where-next2018/08/11 16:30:06
ashokramupvoted (100.00%) @mentium / btc-triple-bottom-false-breakout-where-next
2018/08/11 16:30:06
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}mentiumupvoted (100.00%) @mentium / btc-triple-bottom-false-breakout-where-next2018/08/11 13:24:57
mentiumupvoted (100.00%) @mentium / btc-triple-bottom-false-breakout-where-next
2018/08/11 13:24:57
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}mentiumpublished a new post: btc-triple-bottom-false-breakout-where-next2018/08/11 13:22:30
mentiumpublished a new post: btc-triple-bottom-false-breakout-where-next
2018/08/11 13:22:30
| parent author | |
| parent permlink | bitcoin |
| author | mentium |
| permlink | btc-triple-bottom-false-breakout-where-next |
| title | BTC Triple Bottom, False Breakout - where next? |
| body | I have been trying to find out where we are in the market, with so much good news and higher amounts of investment in the crypto industry than there has ever been, why is the marketcap so low at the moment? Where are we in the market cycle? I do not claim to know where we are, but I know that there are companies that study cycles for a living. An example is Abbott Futures. They have published a PDF called The four most reliable technical indicators. The document looks at triple bottoms mainly, but since the BTC market is currently in this cycle, it is worth looking into. You can take a look at the [document](http://www.abbottfutures.com/assets/ADMIS_technical_indicators_2013_edited-1.pdf) yourself, but I have extracted parts that I think are worth summarising: *"Traditional charting techniques tell us that it is a good idea to buy on a retest of multiple bottoms and sell on a retest of an area of multiple tops. After all, it appears only logical, but often wrong, that if these areas held in the past, they should be able to hold in the future. "* *"According to traditional thinking, a protective sell stop is then placed just below the multiple low levels or a protective buy stop is placed a little above the highs of the multiple top area. "* Basically this implies that traders, often protect from losses, by placing stops just below a strong support. Thus, it can be implied that most traders will have a similar protection in place. *" In fact, it is more likely that a quadruple bottom will be penetrated on the downside rather than the double bottom or the triple bottom, since the more times a particular area of support has held in the past, the more likely there will be a large accumulation of sell stops just under the lows. The inverse is true for quadruple top patterns."* Basically this is the scenario we have, in BTC. Currently we should expect traders to set up stop losses under $6000, $5800 and perhaps $5500. Since we have seen $5800, it is likely there is an accumulation of sell stops below this level. *"Very often it is only after a clear and obvious area of “rock solid” support or resistance is taken out that futures can reverse after an extended move in either direction. A market often will bottom after the very last and often the “best” chart support area has been taken out and the chart pattern looks horrendous. In this situation, the “last of the longs” have finally given up."* *"Very often it is only after the longs have been liquidated, after being completely demoralised when the last and most obvious support could not hold, that futures can begin a new up leg."* The document also references a chart with a triple bottom false breakout, I have overlayed BTC prices, to best match chart pattern.  **What do you think? Do you think this indicator is reliable for the BTC Market?** |
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"title": "BTC Triple Bottom, False Breakout - where next?",
"body": "I have been trying to find out where we are in the market, with so much good news and higher amounts of investment in the crypto industry than there has ever been, why is the marketcap so low at the moment? Where are we in the market cycle?\n\nI do not claim to know where we are, but I know that there are companies that study cycles for a living. \n\nAn example is Abbott Futures. They have published a PDF called The four most reliable technical indicators. The document looks at triple bottoms mainly, but since the BTC market is currently in this cycle, it is worth looking into. \n\nYou can take a look at the [document](http://www.abbottfutures.com/assets/ADMIS_technical_indicators_2013_edited-1.pdf) yourself, but I have extracted parts that I think are worth summarising:\n\n*\"Traditional charting techniques tell us that it is a good idea to buy on a retest of multiple bottoms and sell on a retest of an area of multiple tops. After all, it appears only logical, but often wrong, that if these areas held in the past, they should be able to hold in the future. \"*\n\n*\"According to traditional thinking, a protective sell stop is then placed just below the multiple low levels or a protective buy stop is placed a little above the highs of the multiple top area. \"*\n\nBasically this implies that traders, often protect from losses, by placing stops just below a strong support. Thus, it can be implied that most traders will have a similar protection in place. \n\n*\" In fact, it is more likely that a quadruple bottom will be penetrated on the downside rather than the double bottom or the triple bottom, since the more times a particular area of support has held in the past, the more likely there will be a large accumulation of sell stops just under the lows. The inverse is true for quadruple top patterns.\"*\n\nBasically this is the scenario we have, in BTC. Currently we should expect traders to set up stop losses under $6000, $5800 and perhaps $5500. Since we have seen $5800, it is likely there is an accumulation of sell stops below this level. \n\n*\"Very often it is only after a clear and obvious area of “rock solid” support or resistance is taken out that futures can reverse after an extended move in either direction. A market often will bottom after the very last and often the “best” chart support area has been taken out and the chart pattern looks horrendous. In this situation, the “last of the longs” have finally given up.\"*\n\n*\"Very often it is only after the longs have been liquidated, after being completely demoralised when the last and most obvious support could not hold, that futures can begin a new up leg.\"*\n\nThe document also references a chart with a triple bottom false breakout, I have overlayed BTC prices, to best match chart pattern. \n\n\n\n**What do you think? Do you think this indicator is reliable for the BTC Market?**",
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}2018/08/08 16:04:48
2018/08/08 16:04:48
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}2018/08/08 16:04:27
2018/08/08 16:04:27
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}2018/08/08 16:04:21
2018/08/08 16:04:21
| parent author | mentium |
| parent permlink | re-wegetdesign-upgrade-the-way-your-clients-fills-an-online-form-20180808t160329765z |
| author | wegetdesign |
| permlink | re-mentium-re-wegetdesign-upgrade-the-way-your-clients-fills-an-online-form-20180808t160421770z |
| title | |
| body | Thank you, we agree. As a business find the best way to meet these needs |
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"body": "Thank you, we agree. As a business find the best way to meet these needs",
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}2018/08/08 16:03:30
2018/08/08 16:03:30
| parent author | wegetdesign |
| parent permlink | upgrade-the-way-your-clients-fills-an-online-form |
| author | mentium |
| permlink | re-wegetdesign-upgrade-the-way-your-clients-fills-an-online-form-20180808t160329765z |
| title | |
| body | Supplying information to customers instantly, is a must need. Like the quote stated "especially in a world of instant information gratification" |
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"body": "Supplying information to customers instantly, is a must need. Like the quote stated \"especially in a world of instant information gratification\"",
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}mentiumupvoted (100.00%) @wegetdesign / upgrade-the-way-your-clients-fills-an-online-form2018/08/08 16:00:54
mentiumupvoted (100.00%) @wegetdesign / upgrade-the-way-your-clients-fills-an-online-form
2018/08/08 16:00:54
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}mentiumreceived 0.011 STEEM, 0.001 SBD, 0.015 SP author reward for @mentium / huge-volume-on-gxx2018/08/04 09:40:45
mentiumreceived 0.011 STEEM, 0.001 SBD, 0.015 SP author reward for @mentium / huge-volume-on-gxx
2018/08/04 09:40:45
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}mentiumclaimed reward balance: 0.005 STEEM, 0.002 SBD, 0.009 SP2018/08/02 09:26:24
mentiumclaimed reward balance: 0.005 STEEM, 0.002 SBD, 0.009 SP
2018/08/02 09:26:24
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}2018/08/02 09:06:33
2018/08/02 09:06:33
| parent author | mrshev |
| parent permlink | re-mentium-huge-volume-on-gxx-20180730t081402729z |
| author | mentium |
| permlink | re-mrshev-re-mentium-huge-volume-on-gxx-20180802t090632157z |
| title | |
| body | Totally agree - some fake volume here |
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"body": "Totally agree - some fake volume here",
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}mentiumupvoted (100.00%) @mrshev / re-mentium-huge-volume-on-gxx-20180730t081402729z2018/08/02 09:06:15
mentiumupvoted (100.00%) @mrshev / re-mentium-huge-volume-on-gxx-20180730t081402729z
2018/08/02 09:06:15
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}mrshevupvoted (100.00%) @mentium / huge-volume-on-gxx2018/07/30 08:14:51
mrshevupvoted (100.00%) @mentium / huge-volume-on-gxx
2018/07/30 08:14:51
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}2018/07/30 08:14:06
2018/07/30 08:14:06
| parent author | mentium |
| parent permlink | huge-volume-on-gxx |
| author | mrshev |
| permlink | re-mentium-huge-volume-on-gxx-20180730t081402729z |
| title | |
| body | looks washed @mentium - but not the first time! |
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"body": "looks washed @mentium - but not the first time!",
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}mentiumpublished a new post: huge-volume-on-gxx2018/07/28 09:40:45
mentiumpublished a new post: huge-volume-on-gxx
2018/07/28 09:40:45
| parent author | |
| parent permlink | ethereum |
| author | mentium |
| permlink | huge-volume-on-gxx |
| title | Huge Volume on GXX |
| body | Did you notice volume jump massively on Coinmarketcap, from about $20 Billion to $28 Billion:  It almost appeared to be frenzied selling or new money entering the market. Again according to CoinMarketCap, $6 Billion new volume came from EXX Exchange alone. With Ethereum / USDT pair accounting for the majority of this volume.  Looking at the exchange, volume appeared at 3am this morning. The buy and sell candles appear in equal sizes hinting at automation,  and the speed of the buy and sell orders, with tens to hundreds of orders per second also hints of bots.  What do you think? Is this genuine or false volume? |
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"title": "Huge Volume on GXX",
"body": "Did you notice volume jump massively on Coinmarketcap, from about $20 Billion to $28 Billion: \n\n\n\nIt almost appeared to be frenzied selling or new money entering the market.\n\nAgain according to CoinMarketCap, $6 Billion new volume came from EXX Exchange alone. With Ethereum / USDT pair accounting for the majority of this volume. \n\n\n\nLooking at the exchange, volume appeared at 3am this morning. The buy and sell candles appear in equal sizes hinting at automation, \n\n\n\nand the speed of the buy and sell orders, with tens to hundreds of orders per second also hints of bots.\n\n\n\nWhat do you think? Is this genuine or false volume?",
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}mentiumreceived 0.005 STEEM, 0.002 SBD, 0.009 SP author reward for @mentium / paypal-original-founder-now-on-board-at-block-one2018/07/23 14:24:51
mentiumreceived 0.005 STEEM, 0.002 SBD, 0.009 SP author reward for @mentium / paypal-original-founder-now-on-board-at-block-one
2018/07/23 14:24:51
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}steemitboardupvoted (1.00%) @mentium / paypal-original-founder-now-on-board-at-block-one2018/07/17 05:19:42
steemitboardupvoted (1.00%) @mentium / paypal-original-founder-now-on-board-at-block-one
2018/07/17 05:19:42
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}2018/07/17 05:19:39
2018/07/17 05:19:39
| parent author | mentium |
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| author | steemitboard |
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| title | |
| body | Congratulations @mentium! You have completed the following achievement on Steemit and have been rewarded with new badge(s) : [](http://steemitboard.com/@mentium) Award for the number of posts published <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> To support your work, I also upvoted your post! **Do not miss the last post from @steemitboard:** [SteemitBoard World Cup Contest - The results, the winners and the prizes](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-the-results-and-prizes) > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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}johnsmithupvoted (100.00%) @mentium / paypal-original-founder-now-on-board-at-block-one2018/07/16 14:51:03
johnsmithupvoted (100.00%) @mentium / paypal-original-founder-now-on-board-at-block-one
2018/07/16 14:51:03
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}mymariiaupvoted (100.00%) @mentium / paypal-original-founder-now-on-board-at-block-one2018/07/16 14:27:42
mymariiaupvoted (100.00%) @mentium / paypal-original-founder-now-on-board-at-block-one
2018/07/16 14:27:42
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}mentiumpublished a new post: paypal-original-founder-now-on-board-at-block-one2018/07/16 14:24:51
mentiumpublished a new post: paypal-original-founder-now-on-board-at-block-one
2018/07/16 14:24:51
| parent author | |
| parent permlink | eos |
| author | mentium |
| permlink | paypal-original-founder-now-on-board-at-block-one |
| title | PayPal original founder now on board at Block.one |
| body |  A press release just released a few minutes ago: ## Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain "Thiel is considered to be one of the most innovative entrepreneurs and investors in the world. In 1998, he founded PayPal, leading it as CEO and later taking the company public in 2002. He was one of the first outside investors in Facebook and is currently on its board of directors. As an investor, he has been involved in some of the highest-profile and most successful technology companies such as Airbnb, LinkedIn and Yelp." Original Source: https://block.one/news/block-one-closes-strategic-investment-round-led-by-peter-thiel-and-bitmain/ |
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"body": "\n\nA press release just released a few minutes ago: \n\n## Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain\n\n\"Thiel is considered to be one of the most innovative entrepreneurs and investors in the world. In 1998, he founded PayPal, leading it as CEO and later taking the company public in 2002. He was one of the first outside investors in Facebook and is currently on its board of directors. As an investor, he has been involved in some of the highest-profile and most successful technology companies such as Airbnb, LinkedIn and Yelp.\"\n\nOriginal Source: https://block.one/news/block-one-closes-strategic-investment-round-led-by-peter-thiel-and-bitmain/",
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}mrakodrapupvoted (10.00%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet2018/07/16 14:22:27
mrakodrapupvoted (10.00%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet
2018/07/16 14:22:27
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}youngogmarqsupvoted (0.02%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet2018/07/16 14:18:18
youngogmarqsupvoted (0.02%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet
2018/07/16 14:18:18
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}mentiumupvoted (100.00%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet2018/07/16 14:02:09
mentiumupvoted (100.00%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet
2018/07/16 14:02:09
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}2018/07/16 14:02:03
2018/07/16 14:02:03
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}uncalledforupvoted (100.00%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet2018/07/16 13:55:42
uncalledforupvoted (100.00%) @mentium / where-is-crypto-on-the-stock-market-cheat-sheet
2018/07/16 13:55:42
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}2018/07/16 13:55:33
2018/07/16 13:55:33
| parent author | mentium |
| parent permlink | where-is-crypto-on-the-stock-market-cheat-sheet |
| author | uncalledfor |
| permlink | re-mentium-where-is-crypto-on-the-stock-market-cheat-sheet-20180716t135528214z |
| title | |
| body | up up and away!!!!! |
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}mentiumpublished a new post: where-is-crypto-on-the-stock-market-cheat-sheet2018/07/16 13:54:15
mentiumpublished a new post: where-is-crypto-on-the-stock-market-cheat-sheet
2018/07/16 13:54:15
| parent author | |
| parent permlink | bitcoin |
| author | mentium |
| permlink | where-is-crypto-on-the-stock-market-cheat-sheet |
| title | Where is Crypto on the Stock Market Cheat Sheet |
| body | ## Cheat Sheet The stock market cheat sheet is diagram of market psychology. The most common online seems to be an Illuminati inspired graph. Regardless the information contained within is considered by established investment firms. A good example cited from [Russell Investments!](https://russellinvestments.com/ca/insights/the-market-cycle-of-emotions) gives a good rational explanation over 4 stages. - Stage 1: Optimism, thrill and euphoria - Stage 2: Complacency, denial, hope - Stage 3: Panic, capitulation, despondency - Stage 4: Scepticism, caution, worry ## Double Checking Other Markets In the Dot-Com boom from 1997 to 2001 then subsequent bust, showed a very similar pattern. Psychology in this market seems to also follow the cheat sheet. A good example sourced from [Capital Group](https://www.capitalgroup.com/ca/insights/articles/tech-boom-no-dot-com-bubble)  ## Crypto Market So where are we in the crypto-market. Originally I shared this graph on the 13th July 2018 to GetBlockChain's whatsapp group.  Using a green arrow and a blue arrow, I tried to mark the approximate location of where the market is at. Weighing on 60% that we were at the green arrow location. The blue arrow, considered a 40% weight on dipping to $5000 to $5800, but I was in opinion, that we already hit the triple bottom. So had less of a weighting. I also drew the following graph on tradingview:  The blue line was the matching line of the psychology chart imposed on the Bitcoin/USD price. It seemed checking the same graph today 16th July, we are some what close to the blue line's estimated position. If this was to follow true, we should be in for 1 or 2 more major resistances at $6800, before really breaking out. See chart line expanded out:  ## Quick Conclusion The Market Psychology that had played out in the Dot-com boom, bust then recovery, was over almost over 20 years. The crypto market seems to be much faster, at a very short 2-4 years. Dependent on your perspective, this seems to be a market with larges amount of momentum and the volatility shows this. Life is not exactly like the stock market cheat sheet though, so variations are expected. But looking at the fundamentals of the market too, for example Bit Licenses, possible ETFs, Custodian services and more. Cryptos may be leading in growth far ahead of the stock market by the end of the year. On behalf of [GetBlockChain](https://twitter.com/get_blockchain) |
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"title": "Where is Crypto on the Stock Market Cheat Sheet",
"body": "## Cheat Sheet\n\nThe stock market cheat sheet is diagram of market psychology. The most common online seems to be an Illuminati inspired graph. Regardless the information contained within is considered by established investment firms. \n\nA good example cited from [Russell Investments!](https://russellinvestments.com/ca/insights/the-market-cycle-of-emotions) gives a good rational explanation over 4 stages. \n\n- Stage 1: Optimism, thrill and euphoria\n- Stage 2: Complacency, denial, hope\n- Stage 3: Panic, capitulation, despondency\n- Stage 4: Scepticism, caution, worry\n\n## Double Checking Other Markets\n\nIn the Dot-Com boom from 1997 to 2001 then subsequent bust, showed a very similar pattern. Psychology in this market seems to also follow the cheat sheet. A good example sourced from [Capital Group](https://www.capitalgroup.com/ca/insights/articles/tech-boom-no-dot-com-bubble)\n\n\n\n## Crypto Market\n\nSo where are we in the crypto-market. Originally I shared this graph on the 13th July 2018 to GetBlockChain's whatsapp group. \n\n\n\nUsing a green arrow and a blue arrow, I tried to mark the approximate location of where the market is at. Weighing on 60% that we were at the green arrow location. \n\nThe blue arrow, considered a 40% weight on dipping to $5000 to $5800, but I was in opinion, that we already hit the triple bottom. So had less of a weighting. \n\nI also drew the following graph on tradingview: \n\n\n\nThe blue line was the matching line of the psychology chart imposed on the Bitcoin/USD price. It seemed checking the same graph today 16th July, we are some what close to the blue line's estimated position. \n\nIf this was to follow true, we should be in for 1 or 2 more major resistances at $6800, before really breaking out. See chart line expanded out: \n\n\n\n## Quick Conclusion \n\nThe Market Psychology that had played out in the Dot-com boom, bust then recovery, was over almost over 20 years. \n\nThe crypto market seems to be much faster, at a very short 2-4 years. Dependent on your perspective, this seems to be a market with larges amount of momentum and the volatility shows this. \n\nLife is not exactly like the stock market cheat sheet though, so variations are expected. But looking at the fundamentals of the market too, for example Bit Licenses, possible ETFs, Custodian services and more. Cryptos may be leading in growth far ahead of the stock market by the end of the year. \n\n\nOn behalf of [GetBlockChain](https://twitter.com/get_blockchain)",
"json_metadata": "{\"tags\":[\"bitcoin\",\"cryptocurrency\",\"trading\",\"blockchain\"],\"image\":[\"https://cdn.steemitimages.com/DQmRq9wjtt4Qr1co3TmTDu1yaQuxYeMUSSm1CANqPwRsrX1/chart-dot-com-bubble-916x500.png\",\"https://cdn.steemitimages.com/DQmazyZ8eycZNUn4vC7sSG6KyrUT9mxkgh8jTWHDKgpqXTn/WhatsApp%20Image%202018-07-12%20at%2008.44.42.jpeg\",\"https://cdn.steemitimages.com/DQmVAELToaNpMRMnSHbFECzDNQHsNbFAmDR28GKyny1sbyD/zoomed%20version.png\",\"https://cdn.steemitimages.com/DQmZjqU7V7Pu1ubTVG89HvCmkDo2byJtM9AmJvQgn8GRixX/Are%20we%20here.png\"],\"links\":[\"https://russellinvestments.com/ca/insights/the-market-cycle-of-emotions\",\"https://www.capitalgroup.com/ca/insights/articles/tech-boom-no-dot-com-bubble\",\"https://twitter.com/get_blockchain\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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}2018/07/13 05:16:09
2018/07/13 05:16:09
| parent author | mentium |
| parent permlink | is-bitcoin-breaking-out-reverse-head-and-shoulder-pattern |
| author | steemitboard |
| permlink | steemitboard-notify-mentium-20180713t051608000z |
| title | |
| body | Congratulations @mentium! You have received a personal award! [](http://steemitboard.com/@mentium) 2 Years on Steemit <sub>_Click on the badge to view your Board of Honor._</sub> **Do not miss the last post from @steemitboard:** [SteemitBoard World Cup Contest - Semi Finals - Day 1](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-semi-finals-day-1) --- **Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!** Collect World Cup badges and win free SBD Support the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1) --- > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**! |
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}2018/06/26 02:43:15
2018/06/26 02:43:15
| parent author | mentium |
| parent permlink | re-ashokram-bitcoin-20180625t155319056z |
| author | ashokram |
| permlink | re-mentium-re-ashokram-bitcoin-20180625t172017281z |
| title | |
| body | Yes! good Prediction...... |
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}2018/06/25 17:40:42
2018/06/25 17:40:42
| parent author | mentium |
| parent permlink | re-ashokram-bitcoin-20180625t155319056z |
| author | ashokram |
| permlink | re-mentium-re-ashokram-bitcoin-20180625t172017281z |
| title | |
| body | @@ -50,17 +50,17 @@ y Hit $4 -0 +2 ,000 by |
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}2018/06/25 17:37:42
2018/06/25 17:37:42
| parent author | mentium |
| parent permlink | re-ashokram-bitcoin-20180625t155319056z |
| author | ashokram |
| permlink | re-mentium-re-ashokram-bitcoin-20180625t172017281z |
| title | |
| body | Yes! good Prediction..... But Bitcoin Could Easily Hit $40,000 by the End of 2018. |
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}2018/06/25 17:20:30
2018/06/25 17:20:30
| parent author | mentium |
| parent permlink | re-ashokram-bitcoin-20180625t155319056z |
| author | ashokram |
| permlink | re-mentium-re-ashokram-bitcoin-20180625t172017281z |
| title | |
| body | Yes! good Prediction..... But A Top Hedge Fund Manager Says Bitcoin Could 'Easily' Hit $40,000 by the End of 2018. |
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}2018/06/25 16:16:51
2018/06/25 16:16:51
| from | mentium |
| to | mentium |
| amount | 1.101 STEEM |
| Transaction Info | Block #23635822/Trx 9ca815d282868716dd278e7a0b629a067285c855 |
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}mentiumblockchain operation: limit order create2018/06/25 16:16:18
mentiumblockchain operation: limit order create
2018/06/25 16:16:18
| owner | mentium |
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}mentiumbought 1.100 STEEM for 1.385 SBD from @viralfact2018/06/25 16:16:18
mentiumbought 1.100 STEEM for 1.385 SBD from @viralfact
2018/06/25 16:16:18
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}mrakodrapupvoted (10.00%) @mentium / is-bitcoin-breaking-out-reverse-head-and-shoulder-pattern2018/06/25 16:15:21
mrakodrapupvoted (10.00%) @mentium / is-bitcoin-breaking-out-reverse-head-and-shoulder-pattern
2018/06/25 16:15:21
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}mentiumupvoted (100.00%) @makesushi / crypto-debit-card2018/06/25 16:14:12
mentiumupvoted (100.00%) @makesushi / crypto-debit-card
2018/06/25 16:14:12
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2018/06/25 16:12:09
| parent author | mentium |
| parent permlink | re-pankuvirat-re-mentium-is-bitcoin-breaking-out-reverse-head-and-shoulder-pattern-20180625t154537894z |
| author | pankuvirat |
| permlink | re-mentium-re-pankuvirat-re-mentium-is-bitcoin-breaking-out-reverse-head-and-shoulder-pattern-20180625t041147685z |
| title | |
| body | @@ -86,9 +86,10 @@ e patien +t . |
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2018/06/25 16:11:48
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