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@stewbits22

@stewbits22 in July 2021

@stewbits22

The MVRV - Z Score How would you like an indicator that knew when trading firms moved large sums of money for buying or selling specific stocks. Well thanks to the transparent nature of the blockchain we can do this for Bitcoin. Introducing The MVRV - Z Score It uses blockchain analytics to determine if Bitcoin is over priced or under priced. It uses three metrics 1. Current Market Cap 2. Realised Value. An interesting calculation that works out the market cap according to…

@stewbits22

The $480 long with target $500 just completed successfully. Ten 10 cent tips sent out. Will post another setup soon.

@stewbits22

New trade setup, BCH $490 long target $510. Will tip 10 cents to 10 comments if target reached or position positive in 24 hrs if trade triggers. Just for fun.

@stewbits22

Unfortunately my 490 t trade did not trigger, price went to $495, will post another setup soon. The new set up will be posted shortly.

@stewbits22

Do you know what a hash rate buy signal is? It has happened 13 times in Bitcoins history and has been successful every time. Drop a comment if you want to know more.

@stewbits22

New trade setup, BCH $502 long target $525. Will tip 10 cents to 10 comments if target reached or position positive in 24 hrs if trade triggers. Just for fun.

@stewbits22

Does hash rate follow price or price follow hash rate. Conventional opinion is hash rate follows price. The reason being as mining profits increase so does competition leading to higher hash rate. Most people don't know this is not always the case. In April, an accident at a coal mine in China was the cause of a big drop in hash rate. This was immediately reflected in the price of Bitcoin, which dropped up to 15% within a few hours.

@stewbits22

The $502 long with target $525 just completed successfully. Ten 10 cent tips sent out. Will post another setup soon.

@stewbits22

If the elite didn't have double standards they would have none.

@stewbits22

A survey of 100 hedge fund managers shows they intend to hold 7.2% of their assets in crypto by 2026. Translation: Probably much sooner than that and a higher percentage.

@stewbits22

Getting quality data costs money. The SSR, the Stable Coin Supply Ratio measures the buying power of stablecoins to buy up the available supply of Bitcoin. As the price of Bitcoin goes up, this ratio decreases. At the moment we are the highest buying power of stablecoins to buy up Btc. This is very bullish. Unfortunately to access this data costs $800 per year. If you are lucky someone on Twitter or You Tube may post an up to date chart, like Crypto Love on YT or William…

@stewbits22

Drops in the difficulty adjustment algorithm of Bitcoin. When this metric drops significantly we always get a large spike in the price of Bitcoin. Since China shut down mining in most of its provinces, we have seen the largest drop in the DAA in Btc history by 28%. See the screenshot below from Crypto Love to see what happened to price during previous diffuculty drops.

@stewbits22

Looking to go long but too early yet. Will post my entry when set up develops.

@stewbits22

New trade setup, BCH $488 long target $510. Will tip 10 cents to 10 comments if target reached or position positive in 24 hrs if trade triggers. Just for fun.

@stewbits22

The $488 long with target $510 just completed successfully exiting at $500. Ten 10 cent tips have been sent out. Will post another setup soon.

@stewbits22

BCH is undecided which direction to go today, I see it oscillating between 500 and 478. Not taking any trades though :)

@stewbits22

Noise platform idea. It would help me find better content on Noise if I could see who I am subscribed to are subscribed to. It just has to be their top three favourite noisers. I could then see curated content from people I like.

@stewbits22

Just for fun. Results of trades since 3rd June posted on Noise 8 winners 3 Losers 1 Didnt trigger Total winners 230 Total Losers -65 Total profit 165

@stewbits22

BCH is still stuck in a tight range and very low volume . Its perfect time for a breakout, hopefully to the upside. If a setup occurs I will post with tips for comments. Just for fun.

@stewbits22

Apart from Bitcoin, Ethereum and Tether, BCH has the highest daily volume. During times of low volume I think this shows real usage of the network as speculation is absent.

@stewbits22

New trade setup, BCH $498 long target $525. Will tip 10 cents to 15 comments if target reached or position positive in 24 hrs if trade triggers. Just for fun.

@stewbits22

I'm trying to stay out of controversial topics like vaccines but I had to post this.

@stewbits22

Average daily volume has dropped to 21k for BCH on Coinbase Pro. This is getting really low from a high of 190k. Unfortunately BCH still looks bearish short term with resistance at 490. It doesnt look like my trade from yesterday will be successful. However I offer the same 10 cents for 15 comments if short trade triggers at 490 target 470 or positive in 24 hrs. Just for fun

@stewbits22

My new favourite long term indicator for predicting tops and bottoms in bull and bear markets is the RHODL indicator. It has been accurate to within one week of calling the top of each past bull run and did not indicate a market top in 2013 which was a temprorary high just like we have now. If you look at the chart below you will see we are in the same territory as 2013. The indicator works by comparing the market value of longer held coins (1-2 years) when they were…

@stewbits22

South Africa is in full meltdown and the centralised family owned main stream media is silent. Looting on a vast scale that is so big that 40 stores from one chain are destroyed. Police are looting themselves. There is no fixing this. https://youtu.be/_fEVHx-m_YA

@stewbits22

New trade setup, BCH $490 short target $465. Will tip 10 cents to 15 comments if target reached or position positive in 24 hrs if trade triggers. Just for fun.

@stewbits22

I had a soft spot for Dash, it filled in for Bitcoin Cash while the block size war was going on in Btc. It was widely used by libertarians in the 'free state' of new Hampshire after Bitcoin became unusable as cash when fees climbed up to $50. It was once a top 10 currency but now it seems to be slowly fading away and now ranked a lowly 69 on Coingecko. I will miss you. Long live Bitcoin Cash.

@stewbits22

Why do we need tokens? Chris Troutner of the Permissionless Software Foundation on Telegram posted this video about this. By running a token experiment in a low income community where there was no disposable income. It was discovered that people exchanged goods and services with each other to a monetary value of 24 million dollars which would not have happened otherwise. The key point was that currency should come from the people for real abundance to occur.…

@stewbits22

Update on the 490 trade setup from yesterday. Price needs to get above 465 by close of today otherwise the new level of resistance will become 465. I will post this as a new setup if this occurs. Just for fun.

@stewbits22

EDIT 2 Email Dr Hoffe here: hoffe.charles@gmail.com EDIT a D Dimer blood test is the only test that detects freshly created micro clots. If you have had a vaccine that transcribes for the spike protein, please get this test immediately. Dr Charles Hoffe is a medical GP with his own practice in Canada. He decided to blood test all his patients who had the Covid Vaccine. He found that the blood of his patients were filled with micro blood clots. These clots were a reaction to…

@stewbits22

Why is Biden grovelling at the feet of the president of Israel?

@stewbits22

The 490 setup short has been changed to 462 short target 440. 15 comments on the 490 setup will get 10 cent tip if target reached or trade is in profit 24 hours after trade triggers. Just for fun.

@stewbits22

The weekly 200 moving average is quite important, it is $539 on the Kraken exchange for BCH but it may not be plotted on your exchanges chart depending on when that exchange started listing BCH. Below you can see Coinbase Pro does not have this important level plotted.

@stewbits22

In BCH the market is moving lower faster than my setups can catch. The good news is when markets move faster it usually means the end of the move is in sight.

@stewbits22

I think we are going to test this bear market low of $378 for BCH

@stewbits22

New setup. Shorting BCH at $442. Target $420. Will tip 10 cents for 15 comments if target reached or positive in 24 hrs if trade triggers. Hopefull this time. Just for fun.

@stewbits22

The 442 short setup triggered ar 845pm gmt. Lets see what happens. Just for fun.

@stewbits22

What would happen to Btc and BCH if every country banned crypto mining? I don't think that's even possible but if it did mining would just fall back to mining with graphics cards which would be even more decentralised.

@stewbits22

Just tipped 10 cents to 15 comments as $442 BCH trade is in profit. Will leave trade running for a bit longer though. :)

@stewbits22

The 200 weekly average in Bitcoin has been the low of the past 2 bear markets. Each time it hit this level Bitcoin went multiple times higher. Here is one optimistic pattern. Enjoy :)

@stewbits22

New setup. Shorting BCH at $432. Target $410. Will tip 10 cents for 15 comments if target reached or positive in 24 hrs if trade triggers. Just for fun.

@stewbits22

Unfortunately the $432 short did not trigger. I will post another setup soon.

@stewbits22

I hate to say this, I think the next move is going to be really brutal, the good news is it will be quick. I may set some buy orders for Btc at the $20,000 level. It's a win win trade. Not financial advice, just for fun.

@stewbits22

How do you buy Crypto when all your spare cash is already in crypto? Say you would like to buy Btc at $20,000. The good news is you can if you have crypto. You can use your Crypto as collateral to place a limit order for Btc at any price you like. In the screenshot below I have selected the Coinflex platform and the BtcUSD perpetual contract. Just select a limit order, your buy price and the amount you want to buy and hopefully your order will be filled. However just like…

@stewbits22

The CDC (The Center for Disease Control) publishes weekly figures for deaths from the Covid Vaccine. This July total deaths jumped from 6000 to over 12000 in one week. However they strip out deaths documented as foreign. I believe these are deaths caused by previously unreported causes linked to the vaccine. The channel linked below tracks the weekly updates for you. https://www.bitchute.com/video/EKJv8QKKE4U8/

@stewbits22

I am reposting my original BCH setup short $432 target $410. It may take a day or so to trigger. Will tip 10 cents to 15 comments if target reached or is in profit 24 hours after trade triggers.

@stewbits22

Apart from speculation does Bitcoin have a long term use case? If no one is using Bitcoin as cash but only as a speculative asset, then nothing is driving the price but speculation and not adoption as part of day to day life. At some point in the future Bitcoin will hit a maximum price of speculation that will never be repeated leaving a lot of late entry purchasers massively out of pocket. It will likely then find a stable price for a while as an an inflation hedge. But…

@stewbits22

The 432 short posted below just triggered at 5pm gmt. Just for fun.

@stewbits22

Elon says 'I might pump but I don't dump'. He also says 'There is some merit to seeing what the max transaction throughput of a single layer network is'. BCH duh.

@stewbits22

Unfortunately the 432 trade closed with a small loss. I will post another setup soon.

@stewbits22

Ten cents to 15 comments if the following trades trigger and either reach their target or finish profitable in 24 hours after triggering. BCH $415 Long with target $440 BCH $478 short with target $455

@stewbits22

Average daily volume on Coinbase Pro for BCH continues to fall and is now at 18k. Buyers have not returned yet.

@stewbits22

Danish government official collapses at Novid talk. Authorities say her recent vaccination was not the cause and she is fine now. French doctors and nurses go on strike after they are threatened with losing their jobs if they don't get vaccinated. https://www.bitchute.com/video/LNvRuV9H7AM/

@stewbits22

UPDATE: Refund is being processed. I just tried to buy an Amazon gift card on Coinsbee with BCH. After I paid the amount of BCH requested it kept saying insufficient funds. I had to pay another small amount. and then another. I gave up after the third request for more BCH. I then tried to submit a support ticket through their website and that generated an error. Finally I sent an email with screen shot of the failed transaction to their support email. So now waiting to…

@stewbits22

Roger Ver and Kim Dotcom announce a joint venture using BCH as a reward token in the gaming industry. Roger is also developing BCH air drops to mailing lists of any size. With one click you could send BCH to thousands of people. Also discussed was the difficulty non BCH programmers have building on BCH and the plan to make this as user friendly as possible. https://youtu.be/qgKU3W7iek4

@stewbits22

Re Setups. The huge move in BCH came as a surprise and in the middle of the night, so quite happy to have missed the short setup. Will post another one shortly.

@stewbits22

New setup shorting $488 target $460. If triggered will tip 10 cents to 15 comments if target hit or is positive in 24 hours.

@stewbits22

What is the evidence that Bitcoin is about to start a big move higher? William Clemente III newsletter https://btcbywc3.substack.com/p/supply-squeeze I was impressed with this newsletter as it mentioned a supply squeeze forming just a couple of days ago and before price moved sharply up while most people were asking how low will Bitcoin go. Other evidence of a further supply squeeze? 1. A chart of miners holdings of Bitcoin shows they are building up their Bitcoin reserves…

@stewbits22

Bitcoin Cash developer Chris Troutner presents an overview of running decentralised Blockchain services on censorship resistant IPFS (Interplanetary File System) There is a quick demo of a BCH wallet running on IPFS https://youtu.be/m_33rRXEats

@stewbits22

Which country is this? It was one of the wealthiest countries 30 years ago. 10 cent tip to the first right answer

@stewbits22

The last set up closed with a small loss of $14, I sent out tips to all those who took part as a small thank you.

@stewbits22

Interesting charts from Crypto Love 1. This is an overlay of the current Btc bull run with the 2013 bull run 2. This compares the current Ethereum bull run with the last Bitcoin bull run. 3. This is a chart of Ethereum balance held on exchanges. It has dropped from 30 million to 20 million.

@stewbits22

Twanging a guitar string. BCH after the big move has smaller and smaller oscillations around 507 along with decreasing volume.

@stewbits22

507 is support on smaller time frame charts. If daily bar closes on or above 507 this could be a good signal for higher prices.

@stewbits22

BCH overtakes Uniswap as the 11th largest crypto by market cap 👍

@stewbits22

I would love to know what was discussed at this business development meeting for BCH.

@stewbits22

I loved this quote on SmartBCH Telegram 'Money is time and burned money is burned time' And then the response to this comment in the screenshot below that explains exactly what this means for BCH.

@stewbits22

Are you aware that all the Covid 'vaccines' have been developed using aborted foetal tissue? Here is the complete list. This comes from a document that you can use for exemption from mandatory vaccination if you are being forced to choose between being injected against your will or losing your job. Source https://news.gab.com/wp-content/uploads/2021/07/Vaccine-Exemption-Religious-Practical-Supporting-Documents-PDF.pdf A. Pfizer and BioNTech – The Pfizer Vaccine was protein…