https://read.cash/@alberdioni8406/finally-the-biggest-festive-event-of-the-year-is-here-bitcoin-cash-conference-2022-1c42ae43
Friday, November 11, 2022
Introducing DraftApes Fantasy Sports - 19.000+ BAN up for grabs
Fellow Apes, let us introduce DraftApes. 🦍
Who we are?
We are a young Crypto Fantasy Sports startup, focusing on Daily Fantasy Sports supporting major cryptocurrencies.
Unlike many other startups within the crypto space, we don’t try to shill a useless Token. Instead, we are building on great existing infrastructure (Like XNO and BAN) and focus on building a great Fantasy Sports Platform.
What are Fantasy Sports?
Fantasy Sports are online prediction games where you put together a virtual team of real sports players.
You earn points based on real life statistics that are converted into fantasy points. The better your player performs in real life, the higher your fantasy points.
There are many different ways and contests of how to play, just check out our platform and give it a try.
This weekend you will be able to play NFL, NBA and EPL contests, as well as place player props on Football, Basketball and Soccer events using XNO, Bitcoin, XRP, XLM, USDC and obviously BAN!
Why we integrated Banano?
We just love the Banano community and share many of the core values of Banano: We want to create a fast, transparent, fun and free to play platform.
What can you do with your Banano on DraftApes?
Since we love the free distribution model of Banano, we will do the same.
Every week you will be able to compete in multiple free contests to win Banano.
But we also offer competitive gaming with Banano - entry fees and high payouts.
Where’s the catch?
Yes, there is always a catch: You need to sign up first.
We know that’s a big step for a monkey. So we give away 19BAN to the first 190 Users. (Go to deposit -> Promo -> enter Promo Code: „REDDITBAN“ all uppercase)
Furthermore we offer free contests over the course of the weekend to earn up to 19.000 BAN.
Anything else?
Sure, if there are some faucets who could need a donation, reach out to us (also XNO).
And please keep in mind, we are a young startup, feedback (please provide inside our platform) will be highly appreciated - in form of BANs.
feel free to join us on https://www.draftapes.com
🦍 + 🍌 = ❤️
Why this could be our final Bottom
According to Elliot wave analyze, Bitcoin could finally have reached its final bottom. The structure and fractal counts can thus be counted as complete. In addition, there are some other aspects that suggest that this is the end of the accumulation phase and the bear market.
Even before the whole FTX debacle, before you even knew anything about it in the last two months, it was to be expected that Bitcoin would start a new low. This could be seen in the corrective structure and trading volume. FTX was just the trigger (if FTX hadn't happened then there was probably another event that would have triggered the price slide). And no, you can never be 100% sure with analyzes. But you can use it to create probabilities that can help you buy and sell.
Another chart-technical reason: The trading volume had a peak again. High trading volume in certain wave sections indicates formation completion. High trading volume = possible bottom.
You can also look at the bitcoins on exchanges again. Here's a good rule „of thumb“: - If many bitcoins are held on exchanges -> short signal (the coins are drawn on exchanges to sell them = pressure to sell increases). - If many bitcoins are fetched from exchanges -> long signal (the coins are drawn on cold walls to keep them = selling pressure decreases).
What you need to know now and what’s the most important thing here: If the pressure to sell decrease and the buying pressure increase, there are more buyer in the market and the price goes up. If the opposite happens then of course the pressure to sell increase. (Supply and demand)
One can currently clearly see that on one of the largest platforms (cb pro - used by institutional organizations in the US) the stocks of Bitcoin are going down and are being moved to cold wallets.
So I am in good spirits that we have seen the low and we will finally see impulsive green structures now.
Sure, no one knows s. about f., but this is my technical analyze and maybe it helps someone of you. I’m bullish now and I’m rly happy that this long accumulation phase could be finished now.
What can happen now? - So a lot of alts have developed a nicely countable 5-impulse structure after their current low. Impulsive structures (5 waves) must arise according to elliot waves in order to determine a trend direction. These structures must now be confirmed in the next few days. Then we can say with an even higher probability that this was the final bottom. As long as no corrective patterns are created here, it should work (except in the waves 2 and 4 they are always corrective).
Let’s see what happens now and dca is always the best way for reaching the personally goal and yeah, no one can time the market. Stay healthy guys and no, it’s not a financial advice. These are just my 5 words but maybe they can help some of you!
Nice weekend for you guys!
Toxic accumulations vs the Genuine ones - don't ask me for some proofs
I've been observing this space for over 5 years now and with my financial background I can say for sure, something really silly is going on here.
We often talk about accumulation phases, time and time we got it wrong at the end! Most of the accumulation phases endup in a catastrophic crash. Why?
Take is as you want, warning, assumption, prediction ... but note! There are toxic accumulation phases led by toxic whales likely working in a group. Organised crime basically, if you take it through the lenses of regulated markets, and which don't cover the scope of Bitcoin, yet .
So, organised accumulation phases obviously always involve tonnes of unsuspecting retailers. After ,6 or 10 months, booom! Crash! For month they accumulate, but not for hodling but for dumping.
When they will dump, well when FTX or similar will strike. It's a bit naïve to believe that FTX it's a one man show and things just happened because of a youngster...because they didn't! For the dumping to appear normal we always need some coverage. What exactly FTX does to Bitcoin? Fundamentally nothing!
The fear and uncertainties around market places do Not represent a crisis of trust in Bitcoin similar to what Enron did in 2002. Bitcoin didn't submit fake accountancies to dive that badly. So by the look of it some folks are really making sure the general public feel crap only by hearing 'Bitcoin' which today is more associated with failure than ever before.
Make sure you read correctly the events and adjust accordingly. No one can tell for sure which accumulation phase is toxic or not, but one of ten maybe is not, and will end up with a massive spike somewhere in the near future. So watch the space with your both years and eyes wide open and make the right moves you feel it's time.
Subscribe to:
Posts (Atom)