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Created on: 9/21/2018 10:53:20 PM Last Update: 9/21/2018 11:03:51 PM Posted by: RTT
WARNING: This entry is 1828 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Bitcoin Update - Bullish pressure present
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 If Venezuela or Argentina conducted business in bitcoin then their savings and wealth would be a lot better off. Yes Bitcoin and Litecoin have been volatile over the last few years, but nothing like Bolivar (Venezuela) or the Peso (Argentina).
You say they could use the US dollar, yes maybe so, but those who use the US dollar have to the yield to the US Federal Reserve where as bitcoin is decentralized and those who use it yield to no one.
In the next 12 to 18 months the lightning network and atomic swaps logic will forge Bitcoin and Litecoin together as the go to crypto decentralized currency. Of course massive risk, so the investor should be warned you can lose all your funds.
Time to review the demand and supply price and volume action of Bitcoin.
Charlie Lee is the founder of litecoin, the twin coin to bitcoin. Litecon will do what bitcoin is not good at. This recent video Mr Lee unwinds 7 myths about litecoin.
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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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Investing Quote...
..“The Tape Reader’s profits should develop naturally. He should buy or sell because it is the thing to do – not because he wants to make a profit or fears to make a loss”…
Richard D. Wyckoff
..“If it’s obvious, it’s obviously wrong.”..
Joe Granville
..'The inherent vice of capitalism is the unequal sharing of blessings. The inherent vice of socialism is the equal sharing of miseries"..
Winston Churchill
..“The main purpose of the stock market is to make fools of as many men as possible”..
Bernard Baruch
.."Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it"..
Warren Buffett
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