BC BITCOIN

Mayank Narula
@Mayank_Narula1 3 years, 11 months ago 525 views

I will be a buyer under 13800 levels, but depending upon the reversal on smaller timeframe.

#BITCOIN

Pending RSI divergence on monthly chart which requires a dip under 13805 to get resolved.

But monthly RSI divergences can go on for years before the resolution.

Best case scenario will be panic dump over next few months. pic.twitter.com/hi67hMg9sZ
— Mayank Narula (@Mayank_Narula1) March 5, 2022

More from Mayank Narula

Mayank Narula
@Mayank_Narula1

Carnage in broader market is something of a characteristic of the final leg of correction.

Broader market bleeds more than index to scare off the retail from smaller stocks.

Can go on for few weeks.

Mayank Narula
@Mayank_Narula1

I did this comparison between Aarti Drugs and Tata Elxsi back in Oct when Tata Elxsi was at 1200-1300. Now it is 4200+.

Here is one more stock displaying similar characteristics: Mayur Uniquoters.

Spot the similarities here in the price action:#AARTIDRUGS

2013-2015: Monthly RSI goes over 70 and stock goes up 4-5x.

2015-2020: range consolidation

2020: repeat of 2013-15 in few months pic.twitter.com/53L2fNpJoM
— Mayank Narula (@Mayank_Narula1) October 10, 2020

#MayurUniq

Coming out of 7 years consolidation.

Weekly and monthly RSI crossing over 70.

Can it do what Aarti Drugs and Tata Elxsi did in last 1 year?

#MayurUniq

Monthly RSI crossed over 70 in Sep'09 and stayed till Sep'11.

Stock did 5x in that time.

Mayank Narula
@Mayank_Narula1

#Nifty

May get gap filling tomorrow and Wave 2 dip to 17700 or so.

Channel should act as support in closing basis.

Mayank Narula
@Mayank_Narula1

Bull Market Rotation: We all have heard about bull market rotation over last few months.

Let's see how it looks. Below is the comparative chart of IT (candlestick chart) vs Metals (blue line chart). Let's see how it has moved from March'20 bottom till now.

(1/4)

1) March'20 to July'20: Both going up but IT clearly outperforming metals during the period.

2) July to Aug: IT consolidating, metals outperforming.

3) Aug to Oct: IT moving up, metals under retracement.

(2/4)

4) Oct to Nov: Tables turning again in favour of metals.

5) Nov to Jan: Both moving up, but IT outperforming.

6) Jan to May: Metals outperforming IT after some initial retracement in first few weeks of Jan. Since last week of Jan to May, it's been all metals.

(3/4)

7) May to July: IT again leading, with metals consolidating.

Let's see how it turns from here.

(4/4)

Mayank Narula
@Mayank_Narula1

RSI is almost perfect indicator.

Ion Ex: RSI made top on 10 June and stock closed at 2178.9.There was a divergence on the chart as RSI kept making LH but price kept up.But in yesterday's correction, price exactly visited the closing price of RSI top and cleared the divergence.

More from Bitcoin

$Emin G\xfcn Sirer$

Emin Gün Sirer
@el33th4xor

Another #FreeLoveFriday. So far, I’ve covered Bitcoin, Mastercoin/Omni, and last week ChainLink and the importance of decentralized oracles. Today, let’s talk about one of the most fascinating projects in crypto - @MakerDAO

Back with another #FreeLoveFriday. Last time, we covered how Mastercoin/@Omni_Layer pioneered digital asset issuance on blockchains. Today, let\u2019s discuss @Chainlink and the vital role it plays in connecting blockchains to the real world. https://t.co/0poYIBtGrt
— Emin G\xfcn Sirer (@el33th4xor) January 22, 2021

In my thread about Mastercoin, I briefly touched on the vital role fiat-backed stablecoins play in crypto markets, but there’s a catch with them:

The counterparty risk of a third-party holding fiat in reserves.

Enter MakerDAO, which set out to create a decentralized, collateral-backed cryptocurrency, DAI, that would be “soft-pegged” to the U.S. Dollar using the power of algorithms. In crypto tradition, its supporters said trust game theory, not operators.

In 2017, MakerDAO published a whitepaper describing a system where anyone could create DAI by leveraging ETH as collateral to create Collateralized Debt Positions. Essentially, you take out a digital USD loan against your crypto.

The game theory of the system is structured such that DAI issuance is controlled to keep the price pegged to $1.00. In essence, it buffers the fluctuations of the underlying collateral to create a synthetic dollar bill.

$O\u20bfiWan$

O₿iWan
@ObiWanKenoBit

0/Why HODL?

Bitcoin is a proxy for the struggle for human dignity. It is a peaceful revolution seeking to displace the anomaly of false monies. The world stands at the cusp of social and political upheaval. Though many look to politics, money’s fate will determine our future.

1/HODLers voluntarily participate in the reformation of money. This is a multi-generational effort to secure & ensure a future sans fiat. HODL forms the basis of a simple ideological framework entirely forward looking. It abandons past constructs & releases one from the present.

2/HODLers sacrifice present needs for future rewards. Not just monetary riches, but the gift of an economy free of fiat’s false prosperity. Bitcoin succeeds where fiat fails. Savings is rejoiced, opportunity is available for all.

3/Our civilization is engaged in an epic conflict this time centered around money. Greater than any physical battle in history, fiat’s war on the public seeks deep authoritarian control over every aspect of life. You will work, live, love at their mercy, upon their whims.

4/Historically conflict existed at physical borders between tribes and nations. Members forged ideological bonds allowing them to selflessly coordinate, overcome threats and establish regional security.

The Bitcoin Rabbi
@thebitcoinrabbi

Bitcoin: A Peer-to-Peer Electronic Cash System

Satoshi Nakamoto
[email protected]
https://t.co/G8BUvnF9nT

Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial

institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps

transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came

from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure.

Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. 1. Introduction
Commerce on the Internet has come to rely almost exclusively on financial

SeamlessIoT
@seamless_t

|1| I have seen a lot of tweets emphasizing the partnership between @iotatoken and @renaultgroup. It's a great compliment for IOTAs tech, but everyone who ...

#IOTA #greentech #ElonMusk #Bitcoin

|2| is following IOTA more closely should not be surprised at all.

All the recent partnerships are probably hard to grasp for the outsiders/disappointed, but ...

|3| it is not like the management behavior is something one can not change easily. The IOTA Foundation grew through the defeats it experienced.

IOTA is ...

#Bicoin

|4| no more a realm of promises.

While the media and public judged over IOTA, they put in years of research into #coordicide

While the media and public categorized IOTA as failure (many of them to this very day), they kept fighting for ...

#research #DLT

|5| their vision and continued with their Imagination of "DLT 3.0":

--> removing the need of miners,
--> scalable,
--> feeless,
--> data/value layer,
--> governance model mitigating growing centralization,
--> ...,

#ResearchPaper #DLT #trilemma

$f i l \u20bf f i l \u20bf$

f i l ₿ f i l ₿...
@filbfilb

#Bitcoin update:

- Trapped in consolidation between $30 and $38k
- Lower highs and supply above c$38k
- Buying interest on the books £30-33k
- Meme consolidation triangle
- 20 wma @ $19.5k
- Accumulation VWAPs in the 20s
- underlying tether fud
- 61.8% retracement c. $22k

- 3 Day predator unconfirmed Orange candle

- Demand at low $30s was tested today and has since bounced & Coinbase led price on the drop

- Market structure is complex - Triangle is misleading

- Lots of orders stacked @ 30-33k.

- Market is fearful in the demand zone as shown by funding; i do not think we are ready to drop quite yet; Expecting longer consolidation.

- New Tether output has been on hold but new money came today

- Tether case request for 30 more days; could be indicative of consolidation

- Breakdown in price deeper than high $20s / lower $30s would IMO most likely require FUD induced event

- If stars align 20 WMA is catching up fast and will probably be resting in with the accumulation VWAPs, 61.8% retracement &d drives into big buy orders.

- Why did we stop @ $40k?
- Miners deep in profit vs. 654 average; time to tp
- SImilar response in other cycles

https://t.co/Iurd68NnZZ

An irony of facebook's situation.

Sheryl got her MBA at Harvard. One of the most famous cases (Extra Strength Tylenol) in one of the most famous classes (Business History) she took: in 1982, someone put cyanide in Extra Strength Tylenol capsules and killed 7 people in Chicago.

What do you do when someone turns your product into a weapon? When they use the system you built to harm? James Burke, CEO of J&J, was shockingly open with the public, he pulled the product and made significant packaging changes to make product safer (but not tamper-proof).

He over-shared every step along the way re investigation, redesign, stood up as both CEO and human. The reintroduction of new Extra Strength Tylenol succeeded. Burke saved the brand.

But four years later it happened again. A killer put cyanide in the capsules, this time a woman in Yonkers died. Same CEO, Burke, pulled the product again, completely changed the form factor from capsule to caplet and relaunched *again*. It worked *again*. How'd they do that?

Burke (CEO) tapped J&Js goodwill bank account w/ the public. Two big withdrawals from that bank account in four years + 8 dead bodies! But his honesty, openness, humanity (choked up about the deaths more than once), humility kept the goodwill bank balance positive the whole time.

$\u0936\u094d\u0930\u0940\u092e\u093e\u0932\u0940 \u0939\u093f\u0924\u0947\u0936 \u0905\u0935\u0938\u094d\u0925\u0940$

श्रीमाली हितेश अवस्थी...
@HiteshAwasthi89

Sri Maha Bhairavar Rudhra alayam, Chengalpet, Tamilnadu

This temple is being constructed merely on the instructions from Bhairava by his devotee Shri Bhairava Siddhantham Swamy. The Temple is fully enshrinedin a transparent glass enclosure..1/n

with Rudrakshas on both the sides of the entrance This temple has a circular Sanctum Sanctorum which has twelve stepseach representing a sign of zodiac and after that twelve steps we find the supreme deity of this temple Sri Kshetra Paata Bhairava. 2/n

Beneath the Bhairava, in the lower level are installed the Ashta Bhairavas, SapthaRishis in the form of stones, and Saptha Kannis in the form of brass lamps. Thereare a number of little blue and white lights in the ceiling that is shaped like a dome.. 3/n

which give an ethereal atmosphere when switched on. The steps representthe twelve signs of the zodiac and when one steps over them to reach thesanctum sanctorum all the doshas pertaining to the horoscope are cleared onceand for all..4/n

The Sthala Vriksham ”Peepal Tree” which is grown on a pedestal, a trident which is considered as Bhairavi, Pancha Mukha Anjaneya, Prathyankara Devi, Subramanya, Rudra Vinayaga, Vaishnavi Devi, Naga Rudra, Eswara, Vana Durga etc. 5/5

#IncredibleBharat
#DekhoApnaDesh

Bartosz Ziembinski
@zmbnski

Still wondering about this 🤔

I am considering adding a 'compose' feature to @buzzwaysapp

It would enable a user to compose a thread out of different tweets and submit it to Buzzways.

What do you guys think?
— Bartosz Ziembinski (@zmbnski) November 23, 2018

save as q