TallTim📈📉💰 @[email protected]

#Bitcoin #ta Short update since we're slumping. Daily hasn't wavered in terms of being in Bull mode, and retraces do happen. My stuff keeps me in on moves that shake out others. It isn't pleasant, but roundtripping back to near 10k isn't the end of the world. I'll update if things change materially.

#Bitcoin #ta Small update, grinding higher with a purpose -- new target 12600 (Bitstamp). Again, I don't expect everything all at once, but we're certainly pushing it hard right now.

Good breakdown on the #bcash "upgrade" that allowed in its wake a 51% attack by the two top miners to collude and choose which tx's to accept -- https://twitter.com/TheCryptoconomy/status/1131962447823278080
Its what we suspected all along, that #bcash is a centralized forking mess, that allows a few bad actors to enforce their rules on the participants.

I hate linking Twitter, but this is one of the best threads I've seen about monetary bases and how Bitcoin fits into the global monetary system.
https://twitter.com/crypto_voices/status/1131189757554384901
Worth the time to read.

This article is a great writeup about how the core assumptions of #ETH are fundamentally incorrect, compared with uptake by #Bitcoin
https://medium.com/coinmonks/why-ethereum-1-0-failed-and-bitcoin-succeeded-72e9594b9789

Some no-name exchange made a mistake and airdropped BCash instead of some shitcoin -- https://micky.com.au/fail-exchange-airdrops-5-million-bch-instead-of-no-name-token/ What I want to know is, how does some rinky-dink exchange get a hold of ~23% of total BCash supply? That's insane.

Amusing thread on a guy trying to sync up a full validating node for ETH - https://twitter.com/ercwl/status/1159940020331040770
This is why Bitcoin is constructed like it is, the requirements to even attempt a ETH sync are pretty expensive. After a week he's not even synced yet. 😂

#Bitcoin #ta Short update since we're slumping. Daily hasn't wavered in terms of being in Bull mode, and retraces do happen. My stuff keeps me in on moves that shake out others. It isn't pleasant, but roundtripping back to near 10k isn't the end of the world. I'll update if things change materially.

Limitations create the best art -- https://www.youtube.com/watch?v=Yd-s9htpHgQ Short documentary about the BBS/Warez scene and how it influenced the Demoscene and beyond. #retro #ANSI #90sTech

This article is precisely how NOT to trade, especially when you sink 10K+ into a shitcoin like XRP (Ripple) -- https://medium.com/swlh/confessions-of-an-almost-crypto-millionaire-ac6d37833a32
That chart is like 😂

#Bitcoin #ta Small update, grinding higher with a purpose -- new target 12600 (Bitstamp). Again, I don't expect everything all at once, but we're certainly pushing it hard right now.

#Bitcoin #ta Its been a long grind, but the Daily finally flipped back to the Bull side. I'm now adjusting my target to 11000, mindful that we're not going to get there all at once. I'll take it, its been a rather choppy market thats been tough to trade on the intraday.

Article on some Tether shennanigans that may imply large pools of liquid BTC are now available for trading off-tape. https://medium.com/coinmonks/did-tether-just-create-a-2-27-billion-monero-like-dark-pool-using-liquid-522178e4e508

This article has some rather hyperbolic claims, but its interesting to see how conduits to avoid Capital Controls always seem to find a way. Personally I doubt anyone can cash out in China without the PBOC knowing about it, so take this with a rock of salt -- https://www.coindesk.com/tether-usdt-russia-china-importers

They never learn, do they. In this article, there are references to Debt Tokens, and tokens that allow the crypto-ization of CDOs. Yep, the same insanity that caused the mortgage meltdown in 2008. https://medium.com/hackernoon/security-token-2-0-protocols-debt-tokens-af17d5c91a25

Coinshares is out with their crypto report, which is downloadable from here - https://medium.com/coinshares/h1-2019-crypto-report-b16e8d95e719
Interesting when you compare different assets.

Good article from Fidelity Financial about custody and how it has changed with cryptocurrency today -- https://medium.com/@FidelityDigitalAssets/custody-in-the-age-of-digital-assets-95799f347016

So I ran across this tool -- https://ndm-inf.github.io/ndm/upload Source repo - https://github.com/ndm-inf/ndm that allows you to upload about 3.6 MB per 1 XRP, storing the data in their blockchain. So what happens if someone decides to upload 100GB (8500USD worth of XRP) of data to their chain? How about 250GB? How about a full Terabyte?
Just pondering... 😈

This article talks about Bitcoin scarcity as an input to valuation. I like the chart that shows the halvening effect, compared to their estimation model -- https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

This mini-datacenter is interesting. Time indexed to when he opens it up, it runs off the casing gas that is normally vented to the atmosphere. Reclaims lost energy to run Bitcoin miners! Pretty cool -- https://www.youtube.com/watch?v=YKh1_r9YV5o&feature=youtu.be&t=68
Main website - https://www.upstreamdata.ca/datacenters

#Bitcoin #ta Adjusting the target slightly to 9k. We've had continuous grind lower, and since the Daily is in Bear mode and the shorter timeframes are too -- it makes for a rather somber trend to muddle through. Hopefully we'll turn it around, but the market doesn't care what I think 😎 I'll update when this changes.

Today's article focuses on Lightning, and how Blockstream devs are tuning improvements to a whopping 1 million node network, via simulations and testing. All so you can run regular hardware on a massively larger network. Now that's forward looking, and I love it -- https://medium.com/blockstream/letting-a-million-channels-bloom-985bdb28660b

Interesting article today about comparisons of Bitcoin to other charts, and a suggestion that Gold may be more correlated lately than we thought.
https://medium.com/@touche/decrypting-the-bitcoin-cryptocurrency-black-box-5c721e364284
Enjoy!

#Bitcoin #ta Been watching the rebound from the weakness we've seen under 10k. We're not out of the woods yet, but the Daily internals are improving somewhat. I'll update when that changes. If you're curious on a shorter-term read, as of now on the 4Hour chart we're in Bull mode pushing local highs. This could trickle up into the Daily...

I'm a bit late to the party on this one, but it amused me -- https://www.youtube.com/watch?v=YHjYt6Jm5j8
"We all have a crypto-friend who sounds like this guy. Gold back in 698BC was no different.."
Enjoy..