BTC DOES NADA

“On the left BTC in 2009 @ 11 cents … on the right, BTC today @ $10,000!”

With less than a $200 range today, why should BTC be any different from any

other market that is sleeping? … COINEXX today very good for scalping, with sub

$1 bid/offer spreads and RT commissions of only about 19 cents per 1 BTC … still

some good algorithm signals, but in order to take advantage of today’s pitiful

action, if you weren’t trading BTC at COINEXX you won’t make anything.

Outta here … until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas

SUNDAY UPDATE: DON’T OVERPAY TO TRADE

“I overpaid to make a trade, then told my BFF about it!”

Don’t overpay to trade! … it’s like throwing cash out the window of a moving car

… if you want to give money away, you got my BTC wallet address … under

“normal” trading conditions, COINEXX is going to have the very best trading

conditions for BTC … spreads UNDER $3 many times UNDER $1, with

commissions pennies that make no difference … however, throw in SHTF and

BTC goes up/down multiple hundreds of dollars to as many as one thousand

dollars in 1 - 3+ minutes, and that spread can go to $50 - $100 … doesn’t matter

if you’re a winner or loser, that kind of spread brings plenty of pain.

BaseFEX is always going to be somewhere between $5 - $10 most of the time,

regardless if SHTF or not … the obvious solution is to have accounts at both for

BTC trading … as well, PRIMEXBT is there at about $12 - $15 pretty much all the

time except under extraordinary circumstances where the moves are in the

thousands, and then they will mirror COINEXX … point is, though, have

accounts where you can always get trades off regardless the circumstances of

price movement.

Directly below, this week’s “FX & CRYPTO VIX MATRIX TABLE”, followed by the

20 Day Range MA’s for BTC & ETH.

click on ANY table or chart to enlarge

CRYPTO

BTCUSD

ETHUSD

Onto the BTC week! … until tomorrow mi amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas

BTC CONTINUES RELATIVELY QUIET

“A message from our “Head of Security” Butch!”

Another somewhat lackluster day in BTC, with only about a $300 range for the

day … still, some excellent buy signals via the algorithm, and if you had it, you

could have made some profitable trades today … but you don’t have it, and that

ship has sailed to the tune of 0.10 BTC.

Blog update on Sunday … until then mi amigos … Onward & Upward!!

Have a great weekend everybody!

-vegas

BTC STAYS QUIET AMID THE FX MAYHEM

“Yea, I’m awake … don’t fuck with me today clown!”

I looked at BTC early in the day, but then getting robbed & mugged in Cable

turned my attention away from crypto … I got nothin’ today. So be back

tomorrow.

… until tomorrow mi amigos … Onward & Upward!! 

Have a great day everybody!

-vegas

ANOTHER BITCOIN STOP HUNT

“Where did my BTCUSD sell stop get filled again?!”

They keep trying, but as often is the case the “whales” keep giving Bitcoin away

at a lower price the HODL-ers want to put away forever … and with each passing

day, more & more people worldwide discover that BTC isn’t simply a crypto

currency, it’s a full fledged “monetary system” … a system that isn’t corrupt like

the FED, and gives YOU the individual power over your money, not some shit

weasel sitting in D.C. who doesn’t even know you exist or care.

My best guess, is that when 11K gets taken out to the upside, we’ll be above 20K

pretty fast … and the way central banks are printing fiat, McAfee’s prediction of

$1 million dollars per 1 BTC doesn’t seem unreasonable given the current nature

of the world … HODL it, trade it, but it’s simply time you got into crypto dear

reader!

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

BITCOIN GETS “MONKEY HAMMERED”!

“Everything looks good out the front window … what can go wrong!?”

I guess today’s BTC trading has made up for yesterday’s lackluster session, and it

didn’t take long for SHTF once 10K got violated on the downside [less than a

minute] … and from there, round up the usual retail spec suspects with sell stops

to provide every bit of downside action of about $800 worth … of course, which

should be obvious by now but isn’t, don;t place your stops with everybody else

out there trading, cuz if you do when they get whacked, you get whacked right

along with ‘em.

What’s notable about today, is that when SHTF the bid/offer at COINEXX went

absolutely basket of retarded kittens on meth … the bid/offer spread balloons out

to $40 - $80+, and makes it untradeable … meanwhile at BaseFEX, the spread

hung in the $7 range, plus or minus a few cents … and it’s why I said before,

while COINEXX is great when conditions are normal, they aren’t so good when

SHTF, and it;s why you need some BTC at both places, so you’re not locked out

of the action when things get a little steamy.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas

NO BITCOIN MADNESS TODAY

“Hurry already!”

It was a lackluster weekend for BTC, and it’s spilled over into Monday … a $200+

range today very small by comparison recently, but Grandma said there be days

like this … still, looking at the M1, and listening to the Mrs. cheering on in the

background, there were some profitable scalps today via the trading algorithm.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas