I could add many more arguments, but i dont believe that im talking to a majority of investor but a majority of 'where is my lambo' 'moon' short term speculator. There is a lot of non sense in the crypto world and i think that my place is with BTS team and not here posting chart. I keep receiving msg from people wanting to know the next 15 min projection so they can short it and buy back and short and buy back but cant answer the simple question : do you know what is block chain ? Do you know what you are buying ? Just look bitconnect, people was buying a non sense hundreds of dollars (!?) and people didnt known that they was buying a ponzi scheme now they crying on internet.
It might be fractals in play, but right now BTS testing crucial support.
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For people that dont belive me when i say a major US exchange will get busted this year :
Washington, DC — The Commodity Futures Trading Commission (CFTC) today announced the agenda for the upcoming Technology Advisory Committee (TAC) public meeting that will be held on Wednesday, February 14, 2018 at CFTC’s headquarters in Washington, DC (for attending, viewing, and listening instructions, see CFTC Press Release 7690-18).
CFTC Commissioner Brian Quintenz is the sponsor of the TAC, and Daniel Gorfine, Director of LabCFTC, is the Designated Federal Officer.
The TAC will discuss the scope, plan, and approach for the Committee’s efforts in 2018, including the identification of work streams and/or subcommittees that can help generate actionable recommendations for the Commission. The Committee will discuss issues involving financial technology in CFTC regulated markets, including blockchain, virtual currencies and related futures products, machine learning and artificial intelligence, automated trading, and cybersecurity.
Poloniex for example have only a MSB FinCEN registration, but there are considered financial institution in regard of the law which should have a SEC registration # for operating as a broker/trading platform according to the section 15 of the securities exchanges act. They hide behind their MSB FinCEN registration (calling themselves Currency dealer or exchanger) but they charge maker fees so they they are considered unregistrated fiancial instution if you include their activities (charging fees between p2p trade).
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bitshares DEX SEC compliant all the way !!!
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Here in others words what i putting to light, John Gotts advisor, talking about this subject : youtu.be/53jGBOuOY5Y?t=16m59s
การซื้อขายยังคงดำเนินอยู่
;)
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We have a buy wall at our current lvl worthing 10% of BTS daily volume on Poloniex. I think he saw the same thing as me + that beautiful 4h macd