1. They claim you will be able to mine BTC with this? Highly unlikely. And even if you could, what would be its performance compared to ASIC farms?
2. I live in a big city (300.000 people) and there are no MXC devices in the whole city according to the DataDash map. Not a single one. But if I zoom out in the DataDash map, all the small villages nearby (villages of 500-1000 people) have 1, 2, even 3 devices. Some devices are in the middle of the woods. What are the odds of this?
3. They claim to have coverage of 40 square kilometers. That's fine in theory but again, highly improbable. From my experience with Chinese electronics, they always exaggerate in these descriptions.
I have to admit that I am a bit biased because they are Chinese, but trust me, its for a good reason. I have had too many experiences when ordering a Chinese electronic product that said it would do this and than, and in reality its not even close. For example rechargeable batteries of 1000 mAh, that when measure only had 80 mAh. The list is long, I won't bother you.
What I am saying is that these 3 things are major red flags for me and I think you should maybe skip this altogether.
2. I live in a big city (300.000 people) and there are no MXC devices in the whole city according to the DataDash map. Not a single one. But if I zoom out in the DataDash map, all the small villages nearby (villages of 500-1000 people) have 1, 2, even 3 devices. Some devices are in the middle of the woods. What are the odds of this?
3. They claim to have coverage of 40 square kilometers. That's fine in theory but again, highly improbable. From my experience with Chinese electronics, they always exaggerate in these descriptions.
I have to admit that I am a bit biased because they are Chinese, but trust me, its for a good reason. I have had too many experiences when ordering a Chinese electronic product that said it would do this and than, and in reality its not even close. For example rechargeable batteries of 1000 mAh, that when measure only had 80 mAh. The list is long, I won't bother you.
What I am saying is that these 3 things are major red flags for me and I think you should maybe skip this altogether.
We are witnessing a trend reversal for LYXE:
Bounce of of 0.618 Fib level
Support line at $16.49 was broken on high volumes, suggesting a classic stop loss hunting, after which the whales took long positions, most probably.
LYXE is an NFT crypto, which means the up trend will be intensified by the recent NFT craze.
This is a very common patter in the bullrun, when we retrace to about 50% of the hypergrowth parabola, and the we start accumulating even more.
Another bounce off of the support line at ~$16.5 and we go to the moon.
I just want to remind you that:
LUKSO is the next project by the creator of ERC-20 and ERC-725, a network dedicated to moving Blockchain beyond DeFi.
LUKSO is a Blockchain infrastructure, providing a series of standards and solutions for physical and digital consumer goods, in order to foster transparency, circularity and new forms of responsible production and consumption.
Bounce of of 0.618 Fib level
Support line at $16.49 was broken on high volumes, suggesting a classic stop loss hunting, after which the whales took long positions, most probably.
LYXE is an NFT crypto, which means the up trend will be intensified by the recent NFT craze.
This is a very common patter in the bullrun, when we retrace to about 50% of the hypergrowth parabola, and the we start accumulating even more.
Another bounce off of the support line at ~$16.5 and we go to the moon.
I just want to remind you that:
LUKSO is the next project by the creator of ERC-20 and ERC-725, a network dedicated to moving Blockchain beyond DeFi.
LUKSO is a Blockchain infrastructure, providing a series of standards and solutions for physical and digital consumer goods, in order to foster transparency, circularity and new forms of responsible production and consumption.
According to: https://swingby.medium.com/ready-for-the-btc-to-bsc-bridge-swingby-just-made-running-a-metanode-even-better-4dbedc2c7f16
Swingby will launch their 2nd bridge— Bitcoin to Binance Smart Chain by the end of March 2021.
This event is one week away and might create a huge pre-anticipatory run.
If the price bounces off of the 0.618 fib level, the FA and TA factors will converge and give SWINGBY massive bullish potential.
Keep an eye on the volume though for confirmation.
Swingby will launch their 2nd bridge— Bitcoin to Binance Smart Chain by the end of March 2021.
This event is one week away and might create a huge pre-anticipatory run.
If the price bounces off of the 0.618 fib level, the FA and TA factors will converge and give SWINGBY massive bullish potential.
Keep an eye on the volume though for confirmation.
To understand why I put so much emphasis on the 0.618 Fibonacci level, here is one example of your typical moonshot formation, so common in this bull run.
Other tokens that have followed this same pattern almost to perfection are: SNX, HNT, SWAP, LINK, ATOM, SOL but also many others.
The point I'm making is, if you see this retracement to 0.618 fib level and you know the token has strong fundamentals, the upside is enormous, at least as long as we are in the bull cycle (which we still are in).
Another patter I've noticed is that the longer the re-accumulation period (point 3 on the chart) the bigger the upside. In other words: the bigger the base, the higher into space.
Other tokens that have followed this same pattern almost to perfection are: SNX, HNT, SWAP, LINK, ATOM, SOL but also many others.
The point I'm making is, if you see this retracement to 0.618 fib level and you know the token has strong fundamentals, the upside is enormous, at least as long as we are in the bull cycle (which we still are in).
Another patter I've noticed is that the longer the re-accumulation period (point 3 on the chart) the bigger the upside. In other words: the bigger the base, the higher into space.
Forwarded from PEPES APES (AdamHODL)
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#Bitcoin - $BTC When in doubt, zoom out These pullbacks happen before EVERY leg up, and has resulted in breaking a new ATH every time. Its natural in a bull market. Only difference now is we have institutional buy pressure Don't panic sell your shit frens…