Short Newmont Mining $NEM1. Trend is down over year and half
2. TTM Squeeze that usually bounces off opposite wall before reversing
3. Hitting resistance trendline repeatedly
4. Under 200ema
I could see this ultimately hitting 200ema, which I would dump everything into going short, but this spot is good for a short as well. Always keep more dry powder and don't blow your load in one go!
Mining
Fresnillo: ReasonableFresnillo is back to being reasonable and – in accordance with our expectations – has moved downwards again. Now, it should keep up this drive to make it below the support at GBP 456.60 and thus into the turquoise zone between GBP 473.60 and GBP 250.00, where it should finish wave (2) in yellow. There is a 35% chance, though, that Fresnillo could escape above the resistance at GBP 997.60, thus triggering further ascent above the next mark at GBP 1379.
$ETC/BTC 12h (#BinanceSpot) Bull-pennant breakout and retestEthereum Classic is looking bullish in satoshi and seems ready to push higher after Hashrate went up!
⚡️⚡️ #ETC/BTC ⚡️⚡️
Exchanges: KuCoin, Binance
Signal Type: Regular (Long)
Amount: 10.8%
Current Price:
0.001758
Entry Zone:
0.001692 - 0.001548
Take-Profit Targets:
1) 0.0019950
2) 0.0023260
3) 0.0025970
Stop Targets:
1) 0.0013190
Published By: @Zblaba
Risk/Reward= 1:1.25 | 1:2.35 | 1:3.25
Expected Profit= +23.15% | +43.58% | +60.31%
Possible Loss= -18.58%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 5-6 weeks
Tags: #ETC #ETCBTC #PoW #Mining #Ethash #EthClassic #Dino #Hardfork #SC
Website: ethereumclassic.org
Contracts:
#Mainnet
GDX: Rise and Shine! ☀️GDX seems to have woken up and is showing its high spirits by climbing upwards. We now consider wave ii in magenta to be finished, and thus expect the ETF to continue its way above the resistance at $28.83. Once there, GDX should gain even more upwards momentum to rise above the next mark at $40.13 as well. We should still keep in mind our alternative scenario, though, as there remains a 40% chance that GDX could lose its steam and drop below the support at $16.18. in that case, we anticipate further descent.
Deeper Network DPR Crypto Conflicting Charts Deeper Network DPR Crypto is forming a Possible Bullish Falling Triangle with a Break out by 19/19/22 (Gatio Chart) or 1/11/2023 (Kucoin Chart). It is possible at the moment that BTC may hit it bottom between these time periods, if so then this pattern may play out. Because the prices for DPR on Kucoin vs Gateio are different then we have different breakout dates. I would say going by the later date of Kucoin would be better. But if the price of DPR falls below the bottom resistance line on the 4hr chart then this pattern would be invalid. It's hard to say how things will playout with the investors being paid back currently as this will be a continual push down. Lets see what happens in the next month. Stay Toned...........
Good & Bad News: "All Genesis nodes will have one rewards halving event on Dec. 1st, 2022. Genesis will continue until Aug. 28th, 2023, then enter into EZ Mining directly." What this means is a Ter8 was getting 90% reward but it will be reduced to 43% for a Genesis. So they are forcing all those people who originally staked in at a Ter7 or Ter8 to unstake there one device on Dec. 21, 2022 and either sell there DPR or to purchase additional miners an start EZMining instead with a 60% reward at a Ter8 level. By Dec 1st the price of DPR could be around .0045 on a low end, which means you may need to purchase 1 or 2 extra miner from Deeper to get a higher reward amount above a Genesis. All those who staked in from a Ter6 Level or lower are getting a great rewards for a little bit longer. (I am not sure if they are changing this again)
News: There will likely be a similar crash to the 1990's Dot Com bubble crash coming very soon, with the Alt Coin Bubble that is going on now. Only the strongest Alt Coins will survive. Will Deeper Network get there act together to maintain there support thru out there community or will they continue to twist there words around forcing there supporters to look to only Bitcoin or Ethereum . So far Deeper Network on its own initiatives, is pushing itself farther away from the top ranking alto coins.
Bearish News: Deeper Network is not a Decentralized Platform but a Centralized Platform, They currently use the Polkadot Blockchain Governance Platform which if working 100% is not technically decentralized as per it's maker Gavin Woods. But Deeper Network has a hidden backdown open to bypass all approvals for programing which would other wise need to be approved by who ever holds the most DPR basically at the end of the day as a Council Member by voting yourself in on the Governance Website Page made by Polkadot . At any point in time the Council Members or Deeper Network with there back door open can take you DPR out of your wallet if they want thru programing codes directly by Deepers DEVs or voting as a Council Member as a Motion. Since Deeper has the most DPR it will be controlled internally in a scenes making it centralized at the end of the day.
Bearish News: Aug. 5 & 6, 2022 Deeper Network has turned down an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors. The reason from Deeper Network "Cheryl, Russell and I ( Eric ) seriously considered attending the gathering but decided it was best to focus on exchange listings, research & development, and new product deadlines instead." This is the worst mistake they could of made during this bearish time period.
Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 6 months, investors getting Deeper ERC-20 DPR returned to them who bought in at .006cents to .02cents. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time (estimated 40% investment returned already), there is an estimated amount of 2 to 4 Million DPR being released each day to their investors for the next 6 months starting in September 2022 thru March 2023. I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live. This is the finial contract agreement after being changed multiple times with out permission from the investors.
Bearish News: the Seed Investors who bought in at .003cents were told this "Your DPR is locked until tier 1 CEX listing, then unlocked 1 year after tier 1 CEX listing. Linear distribution over 1 year. If DPR is not listed on tier 1 CEX within 2 years of Jan 1, 2023, unlock starts on Jan 1, 2025 then linear distribution over a year. You will definitely get your DPR however, you'll need to wait a little longer for the benefit of the whole. Deeper Network appreciates your understanding and apologizes for any inconvenience this may have caused." This was confirmed by a Volunteer Mod.
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA) I don't foresee them giving the governance to the community within the next year or so because they like to be able to have fully control without have to wait for voting approvals, because the programing is far from being perfect..............
- 7 Validator Nodes on Deeper Chain, 7 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU; 4th 5Fug4ra4oJaCZQzUZ5C5vNaWBHUujKwGgu5NmZtcDwXMtsCp ; 5th 5Fe7kQ2kunvxDzd1f1AFUuLDPnd8uzqrbgQ4Q4zLHNeC82xD ; 6th 5CaViidoJL9qL22pvdVfpGkaE34kH7cH79rTemVGpUqddaaZ ; 7th 5F95SXGB5dj6TpcKzPGZRCXMsoBLcgg7nmhZxSC5sHCHdDx7 ; Deeper has said they will burn the DPR from the 7 Validators but the miners do not know if they can trust Deeper Network to keeping there word and if it will be 100% Burn or just 1% like everything else........
Founder & Head of the Society Governance Platform Wallet Address: 5GViXCfq22KUdWYK9E6bFZXYJWY7v4EVKJz3mgn6vGGPU1iT this is a Genesis Gold Ter 8 out of the United Kingdom. This wallet seems to be programed to dump coins after there mined across the bridge to sell on and exchange. We will be following this wallet, stay tuned for updates...................
-Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period.
-Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity. (I believe they did a fake burn because they did not even realize they had an internal burn wallet nor did they know they had a Treasury Wallet, I believe they just made a random what address and sent it there. But Deeper will not provide the process they used)
- Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet
- Deeper Chain Treasury Wallet Address: This is how Deeper Network makes income from internal network transactions 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, ect. 1% of Transactions going into the wallet are Burned every 24 days, this is confirmed by looking at the programing on Github Deeper-Chain; Actions; Branches; modify treasury burnning rate
- Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support)
-10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors
-Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown (As per Deeper User Policy to have to agree to Logs are kept by them internally), Privacy Policy VPN info shows data is kept by Deeper Network, time period kept unknown. Do not know why Deeper Network is not Transparent with this information like other VPN providers. And or what will be there main goal with this data kept.
- Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????, also would they not also be able to see your banking information then...), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds……
Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, the network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for organically. This has been confirmed. Update: It seems like they are trying to fix this issue. If the device to left on for an extended amount of time it will work on the block chain but will not allow for personal internet access.
-Company Info:
-Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction)
-Deeper Network Inc of Delaware USA (no office location in Delaware currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything.
-Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara , California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents, the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years+ or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified. Even from there past video of this office location you can tell it was just a temp location as if it was like one of those rent a cubical to work at temporary location.
(A lot of people have come and gone from the head ranks or moved DOWN to different positions within the company, High Turnover Rate, not sure if currently accurate)
Chief Executive Officer: Mao Liu ( aka also known as Michael Liu); China / California (Runs another Company in California Fam Capital which is not registered in the State of California to work in the State)
Chief Technology Officer: Hui Liu ( aka also known as Russell Liu); San Jose, California, USA
Chief Operations Officer: Xiaoshuai Liu ( aka also known as Cheryl Liu); Maple Ridge, British Columbia, Canada
Chief Marketing Officer: Position Open, last person quite and moved on...............
Contracts: Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai Liu ( aka also known as Cheryl Liu); Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
Deeper Network if you feel any of this information is inaccurate please reach out to me and provide me proof showing something different and I will update it on my next post. Information is gathered thru the Deeper Network Community Chats.
Pan American Silver: Little Room Left… 🤏Pan American Silver has made extensive use of the blue zone between $21.88 and $13.94 and has little room left to finish the overarching downwards movement. As soon as it has completed wave (ii) in blue, though, it should turn around and gather enough upwards momentum to head for the resistance at $40.11. However, there is still a 45% chance that Pan American Silver could break through the bottom of the blue zone and drop below the support at $10.61, which would then trigger further descent below the next mark at $5.38.
A SILVER underdog and a correction of the Gold to Silver ratioThe History of the Gold-Silver Ratio
Citation: www.investopedia.com
Historically, the gold-silver ratio has only evidenced substantial fluctuation since just before the beginning of the 20th century. For hundreds of years prior to that time, the ratio, often set by governments for purposes of monetary stability, was fairly steady.
The Roman Empire officially set the ratio at 12:1.
The ratio reached 14.2:1 in Venice in 1305 and remained at this level up until 1330 when it fell to 10:1.
In 1350 it fell to 9.4:1 in some places across Europe. It climbed back to 12:1 in the 1450s.
The U.S. government fixed the ratio at 15:1 with the Coinage Act of 1792.
The discovery of massive amounts of silver in the Americas, combined with a number of successive government attempts to manipulate gold and silver prices, led to substantially greater volatility in the ratio throughout the 20th century.
When President Roosevelt set the price of gold at $35 an ounce in 1934, the ratio began to climb to new, higher levels, peaking at 98:1 in 1939. Following the end of World War II, and the Bretton Woods Agreement of 1944, which pegged foreign exchange rates to the price of gold, the ratio steadily declined, in the 1960s and again in the late 1970s after the abandonment of the gold standard. From there, the ratio rose rapidly through the 1980s, peaking at 97.5:1 in 1991 when silver prices declined to a low of less than $4 an ounce.
For the whole of the 20th century, the average gold-silver ratio was 47:1. In the 21st century, the ratio has ranged mainly between the levels of 50:1 and 70:1, breaking above that point in 2018 with a peak of 104.98:1 in 2020. The lowest level for the ratio was 35:1 in 2011.
When Was the Gold-Silver Ratio at Its Highest?
The highest the gold-silver ratio has been in recent history was in April of 2020, following the onset of the COVI19 pandemic, when the price of gold outpaced silver by more than 125:1.
What Is the Historic Long-Run Average for the Gold-Silver Ratio?
The long-run average gold/silver ratio is around 65:1 since the 1970s when the gold standard was abandoned. Historically, however, the ratio hovered more around 15:1.
From Peter Frankopan's book "The Silk Roads"
Chapter 12: The Road of Silver
Page: 235
As Adam Smith later noted in his famous book on the wealth of nations, "the discovery of America and that of a passage to the East Indies by the Cape of Good Hope, are the greatest and most important events recorded in the history of mankind." The world was indeed transformed by the roads of gold and silver that opened up following Columbus' first expedition and Vasco da Gama's successful journey home from India.
Page: 233
"In China, silver's value hovered around an approximate ratio to gold of 6:1, significantly higher than in India, Persia, or the Ottoman Empire; its value was almost double its pricing in Europe in the early sixteenth century."
More Gold Than Silver Above-ground
Citation: www.silverbullion.com.sg
From the crustal abundance of precious metals, we can also see that the gold-to-silver ratio in the earth’s crust is about 1:19. This means that there is roughly 19 times more silver than gold in the ground.
However, the mining gold-to-silver ratio is about 1:9 – only 9 ounces of silver are mined for every one ounce of gold. The reality from mining is a stark difference from scientific estimates.
According to the annual survey reports from Thomson Reuters, there are 71,578 tons of ‘identifiable above-ground’ silver stocks. Compare this to the 187,200 tons of above-ground gold stocks. There is actually lesser identifiable silver than gold above-ground.
Despite this, the gold-to-silver ratio, when comparing the prices of both metals, is about 1:70 at the time of writing. In other words, the value of an ounce of gold is equivalent to 70 ounces of silver!
Newmont: Humpty Dumpty 🥚🧱Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall.
All the king’s horses and all the king’s men
Couldn’t put Humpty together again .
Well, Newmont shouldn’t have such a great fall that it can’t be put together again. Tough, just like the egg headed character from the British nursery rhyme, it is sitting on the big yellow wall between $42.50 and $23.41, in which it should drop to finish wave (2) in yellow. Afterwards, Newmont should turn upwards, heading for the resistance at $86.37.
Agnico Eagle Mines: Knock on Wood…🪵… or rather: Knock on the resistance at $45.42. Thrice, Agnico has rapped on this mark, without surmounting it, however. Now, the bears are back in charge and should continue to drag the price below the support at $31.03. There, Agnico should enter the yellow zone between $19.10 and $10.08 to finish wave (2) in yellow. There is a 35% chance, though, that the bulls could intervene and drag the price above the resistance at $74.50, thus enforcing further ascent above $89.16 as well.
GOLDHELLO GUYS THIS MY IDEA 💡ABOUT GOLD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
🚀(CFX/USDT analysis)The #5 suggestion and alternative for Ethereum POW, for gpu miners , is ,with an good potential for having
more growth ;
🔹Rank #178,/ kind : coin POW \\ Market Cap:$117,780,170
Total Supply: 5,278,164,274///2.09B CFX 40%====> good
🔰What is Conflux (CFX)?
Conflux is a high throughput first layer consensus blockchain that utilizes a unique Tree-Graph consensus algorithm, enabling the parallel processing of blocks and transactions for increased throughput and scalability.
Sustainable Infrastructure for the global token-economy. Conflux enables creators, communities, and markets to connect across borders and protocols
📊Technical POV :
Since early Apr 22 , CFXUSDT has been declining underneath of a descending trend line up until now , It recently seems has a potential to jump , just if it be able to take over current green (pivot) zone so in this case it should also breakout the descending trend line to see the higher resistance zones , but may be rejected and retest the lower support zones as a a correction, according to my scenario .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
First Majestic: Refinishing…Like an artist with their painting, a craftsperson with their handiwork or a cook with their most exquisite dish, First Majestic seems not yet ready to let go of its work in the turquoise zone between $12.36 and $6.89 and apparently wants to add a finishing touch. Thus, it has arched back downwards and could aim for completing wave 2 in turquoise a bit deeper still in the turquoise zone. As soon as the current downwards movement is concluded, though, First Majestic should turn upwards and head for the resistance at $19.41. However, there is a remarkable 45% chance that First Majestic could break through the bottom of the turquoise zone and drop below the support at $5.30, which would then trigger further downwards movement.
Deeper Network DPR Crypto Crash Deeper Network DPR Crypto has to much bearish news and distrust from the mining community for people to purchase DPR. First Bearish news Sept 6th invest payback then on Dec. 1st Genesis miners will start to unstake and move on from the project to look for the next new project to get into. I don't see the coin price starting to stabilize until at least June 2023 or longer. Deeper has said they will have a AMA next week to announce some new changes.
Bearish News: AMA on Twitter 8/18/2022 it was announced that on Dec. 1, 2022 all the original 2000 Genesis Node Miners on Ter8 will go from mining 1,153 DPR per day (when the price was around $15cents) to mine 65 DPR per day with the price now .02cents. All current DPR staking will be given back over 3 months from Dec 2022 to March 2023. Deeper will now only accept USDC as staking now and as currently for all future aspects of the company moving forward. After this new broke the mining community was in an uproar. So they changed it tobe a halving first (Which means you will earn the lowest rewards percentage of all the mining, then they will kick everyone out and drop the staking amount by 80% less. This is to force every one to add more Nodes onto the system to try to get a similar return. But because the miners were lied to, it is not likely the existing miners will purchase more equipment from Deeper. But just to keep what they have. The miners will likely hold there DPR untill it at least gets to .05cents or higher. At the moment Deeper wants to Mine about 3,500,000 Deeper Chain DPR per day which would equal to about 43DPR per Node if it was maxed out with 80,000 nodes.
Bearish News: Aug. 5 & 6, 2022 Deeper Network has turned down an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors. The reason from Deeper Network "Cheryl, Russell and I ( Eric ) seriously considered attending the gathering but decided it was best to focus on exchange listings, research & development, and new product deadlines instead." This is the worst mistake they could of made during this bearish time period.
Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 8 months, investors getting Deeper Chain DPR returned to them who bought in at .006cents to .02cents. Deeper is only allowing 750,000 DPR total perday from the miners and the invests to go over the bridge from Deeper Chain to the other two chains to get to an exchange and to sell. Some of the people have set up computer programs to keep dumping coins over the bridge first so they do not get locked out when the daily total of 750,000 is hit. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time (estimated 40% returned), there is an estimated amount of 2 to 4 Million Deeper Chain DPR being released each day to their investors for the next 8 months starting in September 2022 thru May 2023. Will Deeper fully open the bridge or will they try to control their investors cash out for a second time, well see what happens…….. How will the miners plan for this apocalyptic scenario of no longer being able to move Deeper Chain DPR across the bridge to get it on an exchange to pay for their expenses? I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live.
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA) I don't foresee them giving the governance to the community within the next year or so because they like to be able to have fully control without have to wait for voting approvals, because the programing is far from being perfect..............
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
-Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period.
-Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet
- Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, 1% of Transactions going into the wallet are Burned, this is confirmed)
- Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support)
-10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors
-Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
- Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????, also would they not also be able to see your banking information then...), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds……
Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, the network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for organically. This has been confirmed.
-Company Info:
-Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction)
-Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything.
-Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara , California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified. Even from there past video of this office location you can tell it was just a temp location as if it was like one of those rent a cubical to work at temporary location.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand) (Working only part time now, another one of the upper ranks with one foot out the door, I believe the next person will be #3+ for this job title next)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
Deeper Network DPR Bearish NewsDeeper Network DPR Crypto has to much bearish news and distrust from the mining community for people to purchase DPR. First Bearish news Sept 6th invest payback then on Dec. 1st Genesis miners will start to unstake and move on from the project to look for the next new project to get into. I don't see the coin price starting to stabilize until at least June 2023 or longer.
Bearish News: AMA on Twitter 8/18/2022 it was announced that on Dec. 1, 2022 all the original 2000 Genesis Node Miners on Ter8 will go from mining 1,153 DPR per day (when the price was around $15cents) to mine 65 DPR per day with the price now .02cents. All current DPR staking will be given back over 3 months from Dec 2022 to March 2023. Deeper will now only accept USDC as staking now and as currently for all future aspects of the company moving forward. After this new broke the mining community was in an uproar. So they changed it tobe a halving first (Which means you will earn the lowest rewards percentage of all the mining, then they will kick everyone out and drop the staking amount by 80% less. This is to force every one to add more Nodes onto the system to try to get a similar return. But because the miners were lied to, it is not likely the existing miners will purchase more equipment from Deeper. But just to keep what they have. The miners will likely hold there DPR untill it at least gets to .05cents or higher. At the moment Deeper wants to Mine about 3,500,000 Deeper Chain DPR per day which would equal to about 43DPR per Node if it was maxed out with 80,000 nodes.
Bearish News: Aug. 5 & 6, 2022 Deeper Network has turned down an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors. The reason from Deeper Network "Cheryl, Russell and I ( Eric ) seriously considered attending the gathering but decided it was best to focus on exchange listings, research & development, and new product deadlines instead." This is the worst mistake they could of made during this bearish time period.
Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 8 months, investors getting Deeper Chain DPR returned to them who bought in at .006cents to .02cents. Deeper is only allowing 750,000 DPR total perday from the miners and the invests to go over the bridge from Deeper Chain to the other two chains to get to an exchange and to sell. Some of the people have set up computer programs to keep dumping coins over the bridge first so they do not get locked out when the daily total of 750,000 is hit. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time (estimated 40% returned), there is an estimated amount of 2 to 4 Million Deeper Chain DPR being released each day to their investors for the next 8 months starting in September 2022 thru May 2023. Will Deeper fully open the bridge or will they try to control their investors cash out for a second time, well see what happens…….. How will the miners plan for this apocalyptic scenario of no longer being able to move Deeper Chain DPR across the bridge to get it on an exchange to pay for their expenses? I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live.
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA) I don't foresee them giving the governance to the community within the next year or so because they like to be able to have fully control without have to wait for voting approvals, because the programing is far from being perfect..............
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
-Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period.
-Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet
- Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, 1% of Transactions going into the wallet are Burned, this is confirmed)
- Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support)
-10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors
-Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
- Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????, also would they not also be able to see your banking information then...), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds……
Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, the network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for organically. This has been confirmed.
-Company Info:
-Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction)
-Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything.
-Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara , California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified. Even from there past video of this office location you can tell it was just a temp location as if it was like one of those rent a cubical to work at temporary location.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand) (Working only part time now, another one of the upper ranks with one foot out the door, I believe the next person will be #3+ for this job title next)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
Fresnillo: Attention SeekerBulls and bears are currently both angling for Fresnillo’s attention. We still expect the bears to win, though. They should grab Fresnillo and take it below the support at GBP 456.60, pulling it into the turquoise zone between GBP 473.60 and GBP 250 to finish wave v in magenta as well as wave Z in turquoise and wave (2) in yellow. However, there is indeed a 32% chance that the bulls could be victorious instead and push Fresnillo above the resistance at GBP 997.60, thus eliciting further ascent above GBP 1379.
$ARBK Long + Bitcoin + PivotI have been bullish on Bitcoin for a long time and have posted a ton of charts on here regarding the bilateral trades with Bitcoin miners so this is part of that work.
$ARBK , $BTCM , $MARA are the main longs I am in and building positions right now.. the main reason is these mining companies are currently mining under $5,000 per Bitcoin so even if Bitcoin falls to $9800 which is likely in a capitulation dump (IF)
These 3 miners have strong balance sheets, low cost to capital, and are extremely under valued due to earnings and tradfi not understanding the trade. (exclusion there is Mara... they have not sold any Bitcoin so they have the biggest exposure to a dump)
This long is simple... I believe the fed will pivot before 3.0001% and any higher than that we will see a real crash which will never happen for midterms.
Under the long term moving averages and I am wrong on my timing.. and I will take the L then look for reentry
Agnico Eagle Mines: Keep Your Eyes on the Ball! 👀This is what we tell the bears currently busy with Agnico. Our furry friends shouldn’t let themselves get distracted by the little countermovement, but should rather continue to focus on our primary scenario – just as they have been doing so admirably lately. Thus, we expect the stock price to resume the descent and to fall below the next support at $31.03. However, there remains a 30% chance that Agnico could develop massive upwards momentum and rise above the resistance at $74.50. In that case, the stock price should gain even more drive and cross the next resistance at $89.16 as well.
$BTC Daily TF : 🔴 PLEASE READ THE CAPTION 🟢By examining the daily and weekly chart of Bitcoin (the weekly chart is mentioned to this chart) , we can see that the price reacted negatively after reaching the High of The Month (the highest price recorded in JULY ) and started to correct, currently the most important price resistance is the range of $24,300 to $24,650 is , so if the weekly and monthly price candle can close above this price, we can expect growth up to the target of $26,800! Currently, the price is trading in the range of $24,000! The next scenario, which I also expect, is correction to the range of $20,700 to $21,400. If we see a positive reaction, we can enter a long position in this range! The guys who are looking for sell positions can enter the trade with the target of $21,400 when they see the signal within the resistance range that I told them! So my main and primary scenario is the drop to the mentioned range!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.01.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
The $BTC rally is gaining traction and hitting key levelsI am still bullish on Bitcoin very long term, but in the short run, things are slightly uncertain but starting to look rosier. The bulls seem to be taking control now with BTCUSD now making higher highs and higher lows. It appears that the momentum has switched to the upside as the 20-day moving average has crossed up through the 50-day moving average; indicating a potential change in trend. It has also just reached its .236 fib level at 24,261.96 and has been fighting it.
BTCUSD appears to now be at a decision point with 3 choices:
1) Hold & break .236 Fib level and truly establish an uptrend
2) Build a big base with a lot of accumulation at the .236 Fib level as bulls and bears duke it out (setting up for a very large directional move, direction unknown)
3) Lose hold of the .236 Fib level and head lower showing bears still have some control/fight left
The previous battleground was the .382 Fib level which is 29,625.82 on bitcoin. The new battleground/key level as previously stated is the .236 Fib level, 24,261.96.
Once bitcoin breaks through the .236 Fib level, I believe it will hit my shorter-term price target of 30k.
$MAYwatching for a push above the breakout line for entry signal,
Green box is the target if we get entry signal.
currently backtesting the low for that "daily range" that sent the market lower into the 1 month consolidation.
A push above the ema's and into 95-96 price range will be but signal.. lets see.
FYI a lot of news coming from the US this month so got to be cautious.