Ka-boom We did it again. While all were calling for a reversal and upward move we called it here. @hashedplutus We hit target two.
Entry: $4317
Closed: 75% at $3732
Do the math kids.
Daddy loves you.

Well I see that my calls have done well and the market is showing life once again. All of us want December to cut through and get to Christmas already but keep in mind adoption on large scale has started. When I say this, I don't mean to speak for a particular currency. NASDAQ trading futures and the NYSE coming with Bakkt have shown the market is preparing for Cryptocurrencies. And if not immediately after a few years we will see them all around us.

Market wise pretty much the same thing making rounds. We have had some green today and hopefully we will stay healthy for a few more hours. Altcoins have shot up significantly but don't jump on a moving train. I suggest doing some good reading on your favorite projects and set low buy orders and hold these bags on long term. These will be your actual winners.

Spoon vs. Fork: Everyone Knows about Hard Forks, but What Is a Hard Spoon?

The term was coined by Jae Kwon, the Tendermint protocol inventor. “Hard spoon is a new chain that takes into account state from an existing chain; not to compete, but to provide broad access,” he explains.

Vitalik Buterin gives the following definition: “A hard spoon is a meta-protocol on top of a blockchain creating a token that inherits the blockchain’s underlying token’s balances. The idea of a soft spoon would be to create two competing branches of a protocol within the same blockchain.” 

The key feature here is that a hard spoon is non-contentious. It does not aim to compete with or take market share from an original chain. A hard spoon occurs when a new cryptocurrency is minted by replicating the account balances of an existing cryptocurrency.

Developers announced the Cosmos Network-powered hard spoons of Ethereum and OmiseGO, but the actual release dates are still unknown.
Absolutely Mashed

Major takeaways from today's news

♎️⁠Circle-owned crypto exchange Poloniex forms latest player in the institutional investor market

🇺🇸 The elimination of initial coin offering (ICO) fraud can be reached only through international cooperation, co-director of the U.S. Securities and Exchange Commission’s enforcement division said.
via CCN

⚠️BTC future interest declined in the overnight session. 2,662 contracts have traded an equivalent of 6,866 BTC. Pricing has fallen with Cboe December contracts down 1.2% to $3,815. Looking ahead, March CME contracts have dropped to $3,785.
Via Cosima Research

⚡️Binance Releases 2nd Decentralized Exchange Preview.
​​Binance CEO Changpeng Zhao has revealed the company’s plans to launch its own blockchain, “Binance Chain,” in the “coming months”
Via Cointelegraph

🇨🇭 Switzerland’s Financial Market Supervisory Authority (Finma) has allowed cryptocurrency businesses to handle up to USD 100 million in public deposits.
via Bitcoin.com

📧 Founder and CEO of ConsenSys Joseph Lubin sent a letter to employees, outlining a new phase in the company’s work.
via The Block

💵 ⁠Medici Ventures has purchased a 10 percent ownership stake in agricultural blockchain company GrainChain

🎟​​Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors
Via Cointelegraph

📌Tron (TRX) Captures the 10th Spot while Continuing to Trump Ethereum (ETH)
Via Coingape

@hashedplutus is your new go-to place for the everything you need.
Absolutely Mashed Babes!

Closed the remaining 25% at $3733. What else do you need from a trade like this. On point and money is always by your side.

Never expected the technical analysis could get us this far. My lord at 1x you people would have made about $800 and at my most reccommeded leverage of 10x you made $8000. Yes that's what we serve you with at @hashedplutus. Next level shit. If you traded with 1 BTC you probably went 3x if you picked all the calls we made this month. That's with about 4 trades. Make a wise choice.
Hit me up @cryptopotatoes.
Love
Absolutely Mashed

Example How To Ladder

If We Give Short 4100-4300 Stop-loss 4410

So you set how much contract size you want to trade in each trade , you should use 5/10% of available funds in each trade

If you want to trade 10k contract

Place 1500 contract at 4100 , 3000 at 4200 , 6000 at 4300 doubling each ladder so your average will be higher ( total 10500 contracts )

Above example average will be 4242 if you do doubling and if you don't do doubling and do only 1500 contract at each ladder your average will be 4200 , see the difference

For wider entries and wider stop-loss use max 5x leverage

Thanks

Now I'm not the only one calling it accurately. I believe in that chart. So should you

Ethereum Recovers 15% Within Minutes, is it Demonstrating Oversold Conditions?
https://www.ccn.com/ethereum-recovers-15-within-minutes-is-it-demonstrating-oversold-conditions/

Say it again that I don't do enough for you guys.

Look closely at the 3 Day frame and you will realize that these moves are not volume driven. There can be a short squeeze or vice versa and can put the market moving with some volume. Getting back to the 3800 ranges is possible but in my opinion we are still bearish overall.

Watch then get rekt while we make their money.
Love you babes

Market Update
MarketCap: $107,639,457,273
Bitcoin Dominance: 55.1%
Active Cryptos: 2,068
Exchanges:229
24h Volume: $13,106,724,918

Look closely at the market capitalization. We are close to the 100 billion dollars mark.
Now talking about the psychological barriers set. I have said this time and again. We break that. It's free fall.
Also looking at the charts there is good chance we will move down towards 3000$.
Yep. You were informed. Load in the shorts.

BTC BITMEX SHORT
➡️ entry zone = 3550/3650/3750
➡️ leverage= 3x to 5x to 10x
➡️ Take profit

💲TP1=3450
💲TP2=3350
💲TP3=3250
💲TP4=3000

stoploss= wide

Absolutely Mashed

📨 News Flash

🤑 BTC future markets have gained overnight with an equivalent of 10,003 BTC trading hands. Mid month (12/19) Cboe contracts are in positive territory, up $35, to $3,330. There has been no activity in the longer dated CME contracts (March) which closed yesterday at $3,350.

-Via Cosima Research

📌 Market Cap of Crypto Tokens Fall Under $100M, Struggling to be Relevant
-Via CCN

⚠️ Samsung Dismisses Galaxy S10 Crypto Wallet Reports as ‘Rumor and Speculations'
-Via Cointelegraph

☣ This Privacy-Focused Interoperable Blockchain Bridges Ethereum and Bitcoin
-Via CCN

❌ NYDFS Hastens Response to BitLicense Applications
-Via CCN

📈 Four major stablecoins, USDC, TUSD, GUSD, and PAX, have surpassed the USD 5 billion in on-chain transactions mark within just three months.
via Cointelegraph

📉 An equivalent of hash power produced by 1.3 million Bitmain S9 miners was switched off in the past month alone.
via BitMEX

👑 Square has overthrown Coinbase as the most widely used iOS application to buy Bitcoin (BTC) in the U.S.
via ccn

💶 A euro-backed stablecoin issuer has announced it would have its product, as well as its operations, independently audited.
via CoinDesk

🇮🇱 Bitmain’s research and development center in Israel is shutting down due to the daunting market circumstances.
via Bitcoin.com

CME Group has been manipulating Bitcoin, just like they manipulated Gold in 2011. It's obvious that there has active suppression of gold price by Central Banks & the FEDs by printing gold through Futures Contract!

This is a paper Ponzi scheme and any of these investors we thought would be buying bitcoin into the market(when CME Futures started in Dec 17, 2017) is actually just buying in the Cash, so this means that any money invested into these futures is Diverted away from the spot market and reduces Bitcoin's demand & supply in long term.

We need Physically Backed(Bakkt) Bitcoin Futures & ETFs. Now you can understand why BAKKT got delayed and its highly likely will be delayed more!!!

Altcoin of the Month-December

Okay new month and a new altcoin.
We at @hashedplutus have found this amazing project that has come to a ridiculous price.

Wanchain

The project:
Wanchain seeks to link the present to the future, through the exploration and implementation of blockchain technology. Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework - an ambitious goal indeed.

Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether a public, private or consortium chain, can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection.

With Wanchain, any institution or individual can set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets. Under the guarantee of “banks” based on the blockchain infrastructure, more people can participate in financial services based on digital assets. To describe it more accurately, Wanchain is a distributed super-financial market based on blockchain.

Market Analysis
Firstly going by the point of view of lasting projects you might many to know that this bridged the bitcoin and ethereum blockchains.
A project capable of doing something that amazing has a place in the future.
Here is an analogy. What if we had amazing things like facebook, amazon and twitter but no internet. Or rather no connection between the three. Their effectiency will reduce significantly. That's what we are here for.
Also going by the basic analysis the RSI is in the green zone indicating oversold. The long term trendline also shows a strong support and we can see and amazing rise soon.
Hope for the best.
Look at these stats
Date of ATH: 5-4-2018
Current Price: $0.29 | 0.00008985 Ƀ
ATH Price: $9.84 | 0.00103446 Ƀ
% from ATH: -97.02%
%to ATH: 3354.33%
Days Since: 224 days

Absolutely Mashed
Love
Armar Shamas