Elite Crypto Investors

BTC/USD chart update: http://prntscr.com/j9gbxr

As you can see, rising wedge is almost fully formed. By default it is bearish pattern!
But, it doesn't mean BTC is going down for sure! I am giving 75% for downtrend and 25% for continuation of current trend ( uptrend ).

The area between 9 and 10k is full of resistances so it is very hard to predict which one will stop BTC. That's why it is hard to predict top of current uptrend. Correction will come sooner or later. Once we get into correction we will see market reaction. It could be just small correction to 8.5-8.6k but with easy manipulative community everything is possible.

This is short-term prediction. We are waiting to see where will rising wedge break, up or down?

Our mid-term prediction is still same and I think we should see one major correction to 5-6k.

Long-term prediction is still same, we are very bullish one BTC that's why we are only focused to grow BTC ballance!

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Ex-Trump Chief Strategist backs Bitcoin, calls decentralized currencies ‘disruptive populism’

🌚Steve Bannon, CEO of the Trump’s 2016 campaign and former white house Chief Strategist, believes that cryptocurrencies will disrupt the financial sector in the same way that Trump disrupted American politics.

💣He described cryptocurrency as: “Disruptive populism, it takes control back from central authorities. It’s revolutionary.” And added that he has a “good stake” in bitcoin and is interested in working with entrepreneurs and countries involved in creating their own cryptocurrencies.

📌Mr. Bannon is now entering the cryptocurrency markets and Initial Coin Offerings, albeit in a low-key. The former White House strategist is wary that the negative publicity that comes up with his name on the heels of his shambolic fall out with U.S. president could have adverse effects on his cryptocurrency project.

🔥Mr. Bannon is having quiet private meetings with crypto investors and hedge funds engaged in the cryptocurrency market. He is planning to work on an ICO via his investment company, Bannon & Co. In his first speech on the topic, Mr. Bannon said that he was betting big on Bitcoin, having invested a significant amount in the largest cryptocurrency.

🤝Last month, Bannon met with Timothy Lewis, a hedge fund manager, and blockchain advisor, to discuss ICOs and cryptocurrency regulation. Lewis noted that he was stunned with the depth of Bannon’s grasp on cryptocurrency markets and ICOs, after a meeting.

⚡️ Reportedly, Bannon has expressed ambitions to create his own cryptocurrency. Earlier this year, in a meeting at Harvard University, Bannon apparently discussed creating a new cryptocurrency dubbed “deplorables coin.” The deplorables coin’s name references the time Hillary Clinton called half of president Trump supporters a “basket of deplorable” during the 2016 hotly contested election.

😵🔥🤞Bannon says he isn’t interested in digital currencies particularly for the commercial potential; he sees cryptocurrencies as a vital component of his political mission. He firmly believes that decentralized money can give back power to citizens that central banks took away by “debasing your currency” and making citizens “slaves to debt.”

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2.6K views20:27

SEC Rejects 9 Bitcoin ETF Proposals

SEC Rejects 9 Bitcoin ETF Proposals

https://www.coindesk.com/sec-rejects-7-bitcoin-etf-proposals/

Coindesk

The SEC has issued rejections to bitcoin exchange-traded fund (ETFs) proposals from ProShares, GraniteShares and Direxion.

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This video channel is dedicated for EyeGlob.Net video communication. || EYEGLOB.NET || First and Only Eye Health Global Ecosystem on Blockchain! || ENVISION ...

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2.8K views14:25

Apple’s App Store officially bans cryptocurrency mining across all of its platforms

👉Apple has updated the Apple store Developer Review Guidelines to explicitly ban cryptocurrency mining across any type of app, and all of Apple’s platform. The gist is that Apple products user won’t be able to mine any cryptocurrency on their devices, but they can store it there.

❌In March, Apple removed Calendar 2 (a popular scheduling app) from the App Store after the app was updated with the ability to mine Monero on users’ devices to unlock premium features.

👇Apple has an entire cryptocurrency section under the Business section, which spells out specific guidelines for how apps in the Apple’s app store can facilitate transactions, mine or trade digital currencies:

✔️Wallets: Apps may facilitate cryptocurrency storage, provided they are offered by developers enrolled as an organization.
✔️Mining: Apps may not mine for cryptocurrencies unless the processing is performed off the device (e.g., cloud-based mining).
✔️Exchanges: Apps may facilitate transactions or transmissions of cryptocurrency on an approved exchange, provided the Crypto exchange itself offers them.
✔️ICOs: ICOs, digital currency futures trading, and other crypto-securities or quasi-securities trading must come from established banks, securities firms, futures commission merchants (“FCM”), or other approved financial institutions and must comply with all applicable law.
✔️Cryptocurrency apps may not offer digital tokens for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks, etc.

🔺Consequently, the App Store is the only place to acquire apps for iPhones, iPads, iPod touches, Apple TVs, and Apple Watches, Apple’s resolution will effectively end crypto mining on those devices. On macOS and jailbroken iPhones, users will continue to be able to acquire apps outside of the Mac and Apple Store, allowing mining and other activities to continue without Apple’s seal of approval.

👿Facebook, Twitter, Google, Snapchat, and LinkedIn have all banned ads featuring ICOs.
👾In November last year, a researcher found nearly 2,500 websites running some form of crypto jacking malware designed to use users device to mine cryptocurrencies.

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💡 TRADING TIPS 💡

#BTC/USD Update:

"6541 is a strong S/R level. Price dropped there in 15m(first wick). Everybody was looking there for rebound, because it's a strong S/R level and offers a very good r/r ratio, giving you the possibility to long on retest positioning strict sl. So what is the classic retail trader thinking? "I will long there on retest because I have the possibility to go long with small risk and good leverage. I will put long orders just above 6541 so I'll have more possibilities to see my orders get filled. I will put stop loss strictly under that level because if price goes under it it would mean my thesis is wrong" <— this is linear thinking and legit too, nothing to say, it could be a very good strategy . Now think to be a market maker with huge stack: you want to long there as well because effectively that theory is very good, BUT: You have a huge stack and you have no possibility at all to fullfill your orders at a price near above that level, because if everybody want to long there is almost nobody selling. Market makers know that that kind of thinking process is a global behaviour of all the crowd of retail traders. Now think about this: if they are right many people have sl just under that important level. Market makers have a lot of money and they can't buy everything they want in the moment they decide at the price they prefer, simply because going long exacly there would imply direct price manipulation, market would react too fast to allow them profit from rebound. So the best strategy for them is to try to force price to go down that level where many people is ready to sell, so they can not only buy everything they want but also at a lower price. So they start building sell walls just above that price and to place orders just below. The result is that people that see those walls won't buy there, price drops down and their orders get filled. Not only: many people sell to them but soon realize that the breakdown failed and they have been trapped by wales. Price break up fast that level and now everybody longs on breakup: so you see price go fast up to 6730 and whales have time to take profit there causing long wick.

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⛳️🤝Partnership of #URUNIT and #ZClassic brings a lot of new opportunities! $ZCL (@ZclassicCoin) will be accepted during pre-ICO and all ICO stages;and when the platform is developed.
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2.7K viewsedited 12:32

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Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. Files are encrypted with a private key that only their owner has. Memority use the same data protection technology used in blockchain's wallets. Join now!
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👍 Hoster - can receive MMR tokens for providing their disk space to users of the Memority

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Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
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2.7K views12:34

Sentencing postponed for Los Angeles bitcoin trader

📌A scheduled sentencing hearing on Monday 11 was postponed, and no new date was immediately set for Los Angeles Bitcoin Trader who goes by the name “Bitcoin Maven.”

💵💵💵Fifty-year-old Theresa Tetley, made at least $300,000 annually by operating an illegal, unregistered multi-million dollar money transmitting business which exchanged bitcoins for cash on Localbitcoins.com platform. Tetley had exchanged between $6 million and $9.5 million in the course of running her Business.

💰The federal prosecutor has asked US District Judge to sentence Tetley with 30 months of prison time, while Tetley’s defense team has asked only for a year. They’ve also asked for the forfeiture of 40 Bitcoins (Valued at $292,264) and 25 gold bars seized during the nab on March 30.

🤯Describing Bitcoin Maven Business the official court documents said she: “Fueled a black-market financial system in the Central District of California that purposely and deliberately existed outside of the regulated bank industry.”

❗️This is not the first time a cryptocurrency trader has been found guilty and sentenced for trading large volume of bitcoin on LocalBitcoins.com. On December last year, Sal Mansy, a Detroit bitcoin trader was sentenced to 12 months federal prison for similarly operating an unlicensed money transmission business. Mansy had exchanged $2.4 million-worth of bitcoin transactions over a two-year period via localbitcoins.com.

💬Localbitcoins.com, headquartered in Helsinki, Finland acts as an escrow service by providing a platform where users can interact with each other on a personal level and trade Bitcoins with each other.

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Araw Pay - The Decentralised Payment Gateway. You will see this button on many websites by end of 2019! Read #ARAW whitepaper for detail! - https://arawtoken.io/ #Crypto #Blockchain #arawtoken #icosale #ecommerce #payment #ethereum #cryptocurrency #arawpay

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Memority.io - data storage on blockchain. ICO is halted.

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Memority is the platform for a completely decentralized, super-secure storage of valuable data on the blockchain.

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