QTUM has the potential to continue it's uptrend. Keep an eye on breaking the triangle pattern over the next hour. If it breaks the upper resistance then it's a potentially good buy. Set your stop loss a bit below the bottom part of the triangle.
Target: 28000 - 28400 resistance levels or if it breaks that even 28800 Buy: 27700 - 27900 Stop: 27600 or a bit below
@tchat, it's token swap maintenance. They are transitioning to their own Mainnet from ERC20 tokens.
tchat
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@dirtyred, Thanks, I only just started reading about Ignition recently. I'm sure I'm grossly oversimplifying, but it's primarily aimed at business uses for Bitcoin-based smart contracts, right?
dirtyred
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@tchat, in short yes, it's designed to implement the best parts of the Bitcoin and Ethereum projects, into a business-friendly blockchain. Has a great developement team, has funding, they are motivated so mostly everything to become one of the best in the crypto industry. You can find more on their website FAQ qtum.org/en/general-faq and by reading a few articles, won't take more than 15 minutes of your time. If you want to invest you should do it anyways.
tchat
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@dirtyred, Yay! Another white paper I can pretend to grok. Thanks!
dirtyred
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@tchat, I did not say to read the white paper but do a background check: vision, team, funds, potential. No need to get technical if you don't plan to invest and hold forever. I'm sure not alot of people know much about Bitcoin or Ethereum either just enough to put some bets on those.