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By Vladimir DENIS on ALTCOIN MAGAZINE

While a lot of cryptocurrency owners are constantly worried about their cryptocurrency losing its value over time due to the fluctuating crypto markets, there was also the constant fear of their currency being lost either to scams or crypto-jacking.


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While the cryptocurrency owners were rejoicing in the bitcoin bull-run, the Internal Revenue Service busy preparing the list of 10,000 taxpayers who own cryptocurrency. According to an official announcement on 26th July 2019, IRS has begun sending warning letters to crypto owners who failed to report or did not report their crypto income and hence did not pay the resulting tax.

Charles Rettig, IRS Commissioner stated that the taxpayers must take a serious note of these letters and must review their back tax fillings. As per the announcement, the list of taxpayers with virtual currency holding as a result of…


In this technical analysis, I would like to return for a moment to a recurring market pattern. Indeed, many patterns are repeated over and over again, giving the opportunistic trader occasions to place himself in the market.

After a long consolidation range, BTC breaks his low point and makes a pullback.

Many posts on social networks reported a triangle and, given the broad upward consensus on crypto-currencies, a probable break from the top. The apparent reason why some traders, only busy looking at the chartist recognition of the market, bought this triangle bottom, getting caught in the wrong direction.

I…


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By Vladimir DENIS on ALTCOIN MAGAZINE

After the recent speech by Jerome Powell of the US Federal Reserve on Libra, and Trump’s tweet about crypto-currencies, these past few days have been turbulent. Let’s come back for a moment to the charts.

Although I often prefer to start with swing perspective to get an idea of the big picture before zooming in, we’ll do the opposite today and start with the intraday, before unzooming the charts.

I told you in a previous analysis that we were in range and that I was looking for short sales on retracement levels as a result. So, I shorted the level…


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A new week begins for Bitcoin and our dear crypto-currencies (it started yesterday to be exact, sorry!) while the future contract gap of nearly 4% at the opening. Analysis.

To start, let’s look at the weekly to get an idea of the closing candles and the general feeling of the market.

First observation, the candle in reversal configuration, here a doji with a very long high wick, has still not been broken. I was already warning you that in my opinion, we had found our “glass ceiling”. …


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By Vladimir DENIS on ALTCOIN MAGAZINE

I’ve heard a lot lately about a potential alts season: many of you are wondering if, after the pretty bullish rally of Bitcoin, it wouldn’t be up to the altcoins to perform. Many hope so.

But an even more fundamental question arises: is it possible to establish a correlation between BTC dominance and altcoins performance? Obviously, yes. Traders and graphs showing these correlations are legions on the internet.

But if we continue our reasoning, would it be possible in this case to define intervention timings favoring altcoins, or favoring Bitcoin?

Probably, and that’s when things get… interesting.

As usual, I…


Bitcoin. Everyone has only that word in their mouths. Since its surge, messages have flourished on networks such as “Do you think it’s time to buy Bitcoin” or “Do you think the Alts season will finally start if BTC falls again?’’

Skeptics wonder if it’s time to invest (yes, so go check out the networks!) while remembering that right now, our friend BTC went a little up too hard, too fast…

Too fast? Let’s see.

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With the end of the crash we are currently experiencing, it is, from my point of view, completely abnormal to have a parabolic structure (comparable to that of the end of 2017) and to have a scheme in which Bitcoin sees its value increased by nearly 300%… in 4 months. In a bubble, okay, why not… but for an end of crack? What if this wasn’t a crack end?

Is it a good time to invest in alts, since Bitcoin has probably exhausted its upside potential?

These are questions that need to be asked…


You don’t understand the difference between Bitcoin and Bitcoin Cash and want to know more so you won’t make mistakes anymore? Decryption.

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The Bitcoin blockchain is, at the moment, considered as one of the safest in the world. The fact that it is the majority that verifies transactions, and not an individual alone or a central entity, changes many things. Unfortunately, transaction times are important because the network would tend to be saturated: users tend to increase while the blockchain remains the same.

Indeed, the Bitcoin network can process up to 7 transactions per second that take about 10 minutes…


Throughout this article, I would like to alert you to the dangers of wanting to invest or buy on the price zones where we are currently on crypto-currencies and mainly on Bitcoin.

Although I am convinced of the long-term upside potential of cryptocurrencies, which should also be called crypto-assets, I nevertheless believe that the recent price structure should sound the alarm.

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Bitcoin has seen its valuation increase by nearly 250 % in 6 months almost in a straight line, with no pullback or correction as you can see in the following graph.


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1) The birth of money

To understand money, you have to come back many years ago. The latter dates back to the Neolithic period, between -14,000 and -12,000 BC, so that men could exchange value in barter. In prehistoric times, money could represent various things: herds of cattle that were traded, food, weapons, raw materials, cotton or tobacco… people have always sought to exchange value. But it was not easy to transport heavy metals or bulky materials. A few centuries later, men began to exchange shellfish that, according to some anthropological studies, were used as currency because they were smaller and more easily transportable.

Vladimir DENIS

Trader & Technical analyst on cryptocurrencies / CFO & Co-Founder of the Crypto Intelligence Agency / Freelance writer and strong proponent of crowd psychology

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