Still in 4 and avoiding undue pain - waiting on 5 of larger 3. (5 of larger 3 needs to be smaller than 3 of larger 3) - 8000 ish. This will come before Thanksgiving if this count is correct. A 4000 bid with some volume along with the 24, 9, 15 positive cross will make it clear.
Well said Brian Kelly :-).
www.cnbc.com/2017/09...coin-commentary.html
Jamie Dimon does not seem to believe in the spirit of an asset class that enables customers/citizens to "hedge" against sovereign currency dilution. Oh, but he loves the blah blah blockchain. So Credit Default Swaps are ok but Bitcoin is foolish?
Japan, on the other hand, has stepped up and is showing respect for their citizens and customers.
"In April of this year, Japan enacted a law that declared bitcoin as legal tender and brought digital currency exchanges under the supervision of Japan's Financial Services Agency. South Korea has officially legalized international bitcoin transfers and is currently working on a regulatory framework for this new asset class. According to CryptoCompare, in September 2016, China accounted for 92 percent of bitcoin trading volume, Japan accounted for 12 percent and South Korea only 0.4 percent. Today, Chinese bitcoin volume is non-existent while Japan accounts for 50 percent of the volume and South Korea is 6 percent."
"Of course, Jamie Dimon could be correct and this trend toward acceptance might reverse. In that case, I will be the one blending his words into a smoothy and drinking it. But, if I learned anything during my formative years on Wall Street, it's that "nothing can stop an idea whose time has come."
I will stick to my Strawberry/Blueberry smoothies for now.
Well said Brian Kelly :-).
www.cnbc.com/2017/09...coin-commentary.html
Jamie Dimon does not seem to believe in the spirit of an asset class that enables customers/citizens to "hedge" against sovereign currency dilution. Oh, but he loves the blah blah blockchain. So Credit Default Swaps are ok but Bitcoin is foolish?
Japan, on the other hand, has stepped up and is showing respect for their citizens and customers.
"In April of this year, Japan enacted a law that declared bitcoin as legal tender and brought digital currency exchanges under the supervision of Japan's Financial Services Agency. South Korea has officially legalized international bitcoin transfers and is currently working on a regulatory framework for this new asset class. According to CryptoCompare, in September 2016, China accounted for 92 percent of bitcoin trading volume, Japan accounted for 12 percent and South Korea only 0.4 percent. Today, Chinese bitcoin volume is non-existent while Japan accounts for 50 percent of the volume and South Korea is 6 percent."
"Of course, Jamie Dimon could be correct and this trend toward acceptance might reverse. In that case, I will be the one blending his words into a smoothy and drinking it. But, if I learned anything during my formative years on Wall Street, it's that "nothing can stop an idea whose time has come."
I will stick to my Strawberry/Blueberry smoothies for now.