The latest #bitcoin chart. BTC is trading in-between moving averages right now, with the 50 day exponential moving average acting as support, yet the 21 and 10 EMA's are acting as resistance. I view the near term as neutral to just slightly bearish, long-term bullish. Good time to be accumulating.
"Every node represents a check and balance on the rest of the network, and without a central source of truth, the network is resistant to attack and corruption. Any node could fail or could become corrupted, and the rest of the network would remain unimpacted. The more nodes that exists, the more decentralized bitcoin becomes, which increases redundancy, making the network harder and harder to corrupt or censor. " - Parker Lewis
The world runs on incentives, period. The incentives for the Bitcoin network is a mutual cooperation to preserve the network as intended. The incentives for the traditional financial system and fiat monetary regime is power and wealth in the hands of the ruling class, and whatever is leftover to the masses. The incentives behind Bitcoin are the incentives for human flourishing, mutual respect, and aspiration.
Does it strike anyone as odd that Jack Dorsey's Twitter bio is #bitcoin, yet his platform is becoming the antithesis of everything Bitcoin and Bitcoiners are about?
Bitcoin maximalist. New article at http://tennhedge.com every Sunday at 9:00 pm EST. Tweets are not financial advice. Anti-Statist. 26.
Bitcoin Maston Instance