CryptoColm

CryptoColm

Amazon is no sleeping giant, Amazon took up 44 percent of all U.S. online retail sales in 2017 — and 4 percent of America's total retail sales — according to data released by One Click Retail last month. Although Amazon looks like it will take over the world, the Idea that there will be no competition is not realistic. Walmart is a very consistent company with...

CryptoColm

Twitter has been getting a lot of firm interest lately. With JP Morgan raising their price target and the CEO of Goldman Sachs tweeting a photo at twitter headquarters, many investors think more institutional money will be funneled into the stock. The rumors of firms acquiring more twitter shares have short sellers scaling back and because of this twitter has...

CryptoColm

Over the past few years it seems like the market has been punishing Disney for removing content from streaming services and acquiring companies. With no shows on Netflix investors fear Disney will not beat its earnings from last year. I think the reason Disney is starting their own streaming service and acquiring companies is to become the manager of their own...

CryptoColm

With Micron being one of the older tech stocks in the game sill making profit, I think They are a very reliable company. With 7.35 billion dollars in revenue, 58% higher than last year, the stock has a lot of growth potential. Previously this year Micron had a wedge and broke to the upside. That upside break is now forming a teacup and handle. I think we could...

CryptoColm

The one hour pump that caused the 15% spike has to be a whale. I think either Rockefeller or Soros. However I don't think the move was to strategic of them. Bitcoin was pumped to the top of the descending trend line that started at 19k. Once we clear the trend line, bitcoin will begin its bull cycle. The pump almost cleared the trend line, but not quite. We will...

CryptoColm

ADA's recent pump will hit the fib line and we will see from there if it will gain or not

CryptoColm

From my history in trading cryptocurrency, XRP has a history of quick pumps, and then dormancy. After XRP rose to 0.45 cents in may 2017, it took 8 months for XRP to rise above their previous all time highs. In my optionion, their is only one factor to trigger a bullish scenario, volume. As XRP is holding on the 200 day while also being on a fib level, some...

CryptoColm

Bitcoin has seen much more FUD and sell side action than I have anticipated. The news of Twitter, Facebook, and Google banning cryptocurrency related ads has many investors worried about bitcoins future as a global currency. Yes, social media sites banning cryptocurrency advertisements is bad for the industry, but the ad block does not affect bitcoins fundamental...

CryptoColm

GE has been participating in stock buybacks. They have spent a lot of their renaming capital on buybacks, 24 billion to be exact. I am guessing a lot of the stock buybacks were with borrowed money due to the low interest rates of 2009-2015. As the interest rates rise, GE will have to pay back their debt. The money GE put into its stock is worth less now compared...

CryptoColm

Every day I drive by a car shipping port in Richmond, California. When I look by I see whole lots of Tesla's getting ready to be shipped to Asia. Tesla has a big market selling products to Asia and owning a Tesla in Asia is a big status symbol. Yes, the trade war is mostly FUD, but if trump does follow through with the tariffs, Tesla could get hit hard. With the...

CryptoColm

POA network is one of the coins I am post passionate about. Also, I believe will do really well during this next altcoin rally. POA token is attractive to investors because they are a platform token with a brand new consensus mechanism, Proof of Authority. Proof of Authority, or POA puts identity up at stake instead of holdings. since everybody has only one...

CryptoColm

Facebook has been hit pretty hard due to the data leak FUD. Users are questioning weather Facebook deserves their service after their data was leaked. Facebook has not seen this much volume since 2014, and I believe a one to two month correction is imminent. in the past, Facebook has been known to wedge in price after a correction and bounce back to all time...

CryptoColm

Even with Dropbox being evaluated at 8 billion, less than their 10 billion dollar evaluation in 2014, you should still short their stock. There are plenty of other cloud storage companies out there that are even integrated into platforms users use on a daily basis (google). In my mind the only way for Dropbox to succeed is if they create their own platform that...

CryptoColm

Substratum is showing signs of a teacup and handle. About a week ago news was released that substratum has finished its test net and will be releasing it to the public in the coming weeks. This made Substratum pump about 50 percent, then correct in an arc afterward. With the market shifting to the upside i believe that substratum will increase its bitcoin value...

CryptoColm

A wedge breakout, a descending trend line, Elliot waves theory, It all lines up. Bitcoin is going to 10k. Bitcoin has formed a descending trend line and has been kissing it about once a month. With it being 15 days since Bitcoin has toughed the trend line it is likely for Bitcoin to pump back up to 10k to touch the trend line. In January we saw bitcoin go through...

CryptoColm

As the title says, I spot a teacup and handle on Square. Square performed really well in 2017 and I believe can do just as well in 2018. With square adding bitcoin payments to the list of its services I think they could expand the use of bitcoin and crypto currencies in small businesses benefiting both Bitcoin and Square.

CryptoColm Updated 

With the current 4 month downtrend we see on bitcoin, I doubt the volume shown in the past week will be enough financial energy to push bitcoin out of its trend. The FUD in the market is not over. Goldman Sachs believes bitcoin has to potential to dip under 6k, and much of the public relates bitconnect's collapse to the rest of the cryptocurrency market and is...

CryptoColm

Bitcoin got a nice little pump today. THIS DOES NOT MEAN BTC IS MOONING! A temporary increase in price is a common side effect of previous rapid downfall (the past 5 days). No need to jump on the bitcoin train just yet. If you buy in now you will most likely loose money short term. There still is no major news coming up, nothing to get hyped up about yet. BTC...