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Bitcoin Has Been Historically Boring

Cory
October 11, 2018

Ryan Wilday, Cryptocurrency Trader at Elliot Wave Trader.net shares some insights on the lack of volatility in the Bitcoin and cryptocurrency space. We also look at some smaller coins that are outperforming the overall sector.

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Discussion
7 Comments
    Oct 11, 2018 11:38 PM
    Oct 11, 2018 11:01 PM

    Bitcoin Black Question – when will be the distribution of pre sale coins? Answer – I’m told its by the 15th of this month, this is what is being aimed for. And if not by the 15th November latest. Genesis of the official blockchain will be created on 10.october 11.october (which will bring pre-sale distribution by the 15th. If these dates aren’t met it will be done 1.nov or 11.nov which will bring distribution by the 5th or 15th nov. 3600 Free coin airdrop…scroll to page bottom, enter email, check I am not a robot and then submit buttton here … https://bitcoin.black/?a_aid=5b7f2d29ef46a

    Oct 11, 2018 11:03 PM

    Bitcoin Black VS Bitcoin https://vimeo.com/292603665

    Oct 11, 2018 11:22 PM

    In the face of this market rout there aren’t many places getting a bid other than the Safe Haven plays like the Precious Metals or some volatility hedging in the $VIX.

    There hasn’t been a strong diversification out of equities and into the Crypto Currencies at this point though, so that will be curious to keep an eye on if this market rout continues.

    #Crypto $Bitcoin $BTC $Ethereum $ETH or $BTH $LTC $XRP

    https://www.coinbase.com/price

    Oct 12, 2018 12:00 AM

    I was only noting the other day how bitcoin fell in tandem with the dow and questioned whether it has lost some of its alternative safe haven luster. It certainly does appear to have faded into the background somewhat compared to this time last year. That isnt surprising given the unsustainable mania type phase it fell into.

      Oct 13, 2018 13:27 AM

      Agreed. It isn’t a surprise things pulled back by 60-90% in most crypto coins since the mania, and the they had not been really tested against a real market rout, and larger corrective pattern yet, since most were birthed after the 2008 financial crises.

    Oct 12, 2018 12:13 AM

    Breaking: Harvard, Stanford, & MIT Have All Invested in Cryptocurrency Funds

    At least five more university endowments have invested in cryptocurrency funds, suggesting that the “herd” of institutional investors is finally beginning to place at least a small bet on the nascent asset class.

    https://www.ccn.com/breaking-harvard-stanford-mit-have-all-invested-in-cryptocurrency-funds/