Bitcoin Buy the dip 10,400 and 9,100?Forgot I had a buy order at $10,400. Set the next one at 9,100. Entering in relatively small positions while respecting my rule of not letting crypto exceeding 10% of my investment portfolio and Bitcoin exceeding 5%.
What's fascinating with this selloff with crypto was that it foresaw what happened in the US markets on the following day. I don't really know what to make of it but find it interesting. It has held up better than equities with this selloff. Stronger hands with bitcoin?
Wall street finally accepting Bitcoin as an asset and allocating some in their portolfios could be a major catalyst for the BTC bull market. Supply is limited and shockingly not many investors can understand that in this world full of infinite money supply and abundance.
What gives value? Adoption, utility or scarcity? Or a bit of everything?
Even a mere 0.1% allocation in a 10BN fund is $10M USD of BTC. When it's that small of a portfolio, they may simply use it as a hedge and not even worry about short term price volatility which effectively puts a floor on the price.
Heading into volatility and headwinds we've never seen before, even a small allocation in an uncorrected asset might be on many investor's minds. Also starting to see value investing groups pivot to learning about blockchain and crypto.
Current bitcoin volumes dwarf in comparison to the ones from previous bull market. Still got a long way to go imo
#cashlesssociety
Cashless
Splitit ready yet to take over the IPO high? 2+The high that was created by the hype during its IPO is ready to get taken over by the hype that's created from a cashless society.
TA,
- MACD daily golden cross
- MACD volume increasing
- Demand volume increasing
- Broke out of bullish pennant
- Bullish Moving averages
Hoping for some consolidation at this level due to 2 massive supply tails at 1.915.
Watch for the break of 1.915 and 2.00
FA,
- BNPL hype
- Pent up demand over the weekend. No, really that's a thing now. People hate weekends cause the casino is only open from Monday-Friday.
- Visa, Mastercard, Stripe partnerships
- Founder Brad Paterson :Former VP marketing at Intuit, Director for emerging products ANZ for Visa, Head of new ventures for Paypal
- 460% revenue growth
- MSV 260% (Creating win-win situations for merchants and SPT)
- Gives the customer more options with 3,6,12,24 months unlike other BNPL's.
- Allows the use of existing credit without interest rates. Less credit risk and easier to integrate with Visa/Mastercard ?
ICX/USDT Iconloop is hitting $3 in April 2020, and $60 in 20302020.02.02 is the the first global palindrome day in 909 years. This date was chosen to introduce a theme that now resounds globally due to climate change and other governmental challenges that developed cities and emerging economies face on a wide scale:
At the start of 2020 We Celebrate the past, and create the future. We are ready to embrace Smart Cities, Connected Cities by Hyperconnecting the world.
As I write this post, ICX is up more than 350% in only 30 days! Why? It has a sudden skyrocketted 24 hour volume of 420 million and is now number 33 on coinmarketcap.
As I did a thorough research on what exactly is iconloop blockchain and who are behind it I was completely mindblown to the smithereens.
Iconloop blockchain has received open government support, vc funding and has been approved by South Korean FSC for some time now. It also has wide support from some of the largest Korean banks and the United Nations to continue presenting South Korea's capital Soul city the best example of a Hyperconnected Smart City.
The chronological milestones that connect the dots back to iconloop and icon foundation are a real jaw dropping experience. People are quickly realizing who is really behind iconloop and how price will catch on with the list of developments achieved so far, despite the fact that iconloop and icon foundation are only 4 years old. This recent price action suggests the genie is finally out of the lamp, YES!
The sleeping giant is waking up as it takes the world by storm!
Over the past 2 years alone, ICON has Partnered with a myriad of companies , to connect the largest Korean bank records, health history, higher education credentials , transportation services, authentification requirements mandated by local governments.
Thanks to Iconloop and Samsung's dpass, citizens can have a new digital identification through Samsung Pay and Idemia that's already already being used is one of many Samsung subsidiaries working towards the same cooperative vision of interconnecting the world and is being implemented by a growing number of countries worldwide, the largest korean banks also use iconloop's technology to connect smart citizens to bank records including SBI .
Colombia is an example of a progressive country in an emerging economy Colombia 's, who had been seeking a way to replicate x-roads model of interoperability . In this case, they had waited for a solution like iconloop not available to the world for many years, 8 years later after updating their public transportation system with the help of Korean banks and Seoul government , they've finally announced a digital id system is on the way to continue of a cashless society, and of course they are not the only ones racing to get there.
South Korea's first Central Bank Digital Currency bridged through iconloop called S-Coin will release this same year!
South Korea’s ministry of science and technology has plans to invest 450 billion won (~$382 million) for blockchain research and development in the next 4 years.
Yahoo finance and crunchbase reported the startup with 100+ employees has recently received more than 8 million dollars in funding out of an announced 382 million destined to the same set of solutions offered by iconloop.
The list of commercial partnerships keeps growing at a skyrocketting pace!
Forbes writing about an Invisible ‘Global Currency’ That’s 24 Times Bigger Than Bitcoin hinting at Mastercard, Visa who resound the global vision of Samsung called Digitally Connected Smart Cities. Mastercard and Visa brochures promoting a cashless world with efficient transportation systems like the one mastered by Seoul while featuring internationally awarded and a recognized former Mayor of Bogotá. Bogotá is one of many cities that accepted a total of 176 million dollars from LG CNS , a Korean services company and subsidiary of the LG Group, confirming their responsibility for providing the most advanced information technology solutions of its kind to Recaudo Bogota, representing Korea’s largest ever information-technology services export as iconloop continues leveraging the technology implemented in Seoul’s public transport system to develop a custom solution for smart cities, hyper connected cities by 2030. Their plan is to meet modern cities fare collection, fleet management, and user-information needs.
Korean banks backing mobility and transportation hyper connected smart city solutions since the Millenium, like for instance Bogotá transit system backed by Smart Cities confirming they are looking to integrate iconloop blockchain technology developed at the heart of Samsung's Seoul city.
By connecting the dots, you soon realize why iconloop will be worth billions of dollars by 2030, that puts the value of each icx utility token in circulation to about 60 dollars a piece.
This is THE best investment that can truly change your life. Project price by December of 2021, 12 dollars! This year it will hit 3 dollars! Current price? less than 50 cents.
A true gem.
#Tokio2020 #iconloop #samsung #visa #mastercard #lggroup #cashless #smartcities #seoul #korea #iconproject $icx #japan