FB: Buybacks Buoy Stock but Privacy Issues Remain a ProblemFacebook, having been pressured by the European authorities for numerous privacy violations and illegal use of its customers’ personal information, is trying to mitigate the risk of criminal charges as well as monopoly charges. Mark Zuckerberg has announced that FB is concerned with the privacy of its customers. He claims, without any details or explanations, that the platform will be more focused on privacy. He is also making some features specific to certain modes of communication.
All of this will impact FB’s stock price. Currently FB has some buybacks in play this year. The intermediate term bottom formation is not completed, and volume is very low. The Institutional Holdings Percentage has declined and even with the recent gap up, the stock has plenty of work to do to create strong momentum energy to move it up further. The changes FB is making may or may not make its customer base happy. That remains to be seen. It also is likely to impact revenues growth.
Privacy
Market survival , or is privacy too dangerous?I feel like I am watching freedom and privacy die , and when those things die their is a human toll , and the panic selling is spiraling out of control .
PLEASE DO SOMETHING.
Global bank digital centralized is fiat , can be digitally minted instead of just printing more money , as Governments all too often do under the Fractional Reserve System. Is Craig Wright's hash war really the end of an ideal.
Think about what was the catalyst and how pathetic an end this would be.
Monero 1W - bottom in start of wave 5Several trendlines, pitchfork and 88.2% fib level come together at this low around 62 just above june 2017 top.
Is XMR at the bottom and will we see the start of a wave 5 now?
XMR Longstill near bottom of range, forming what looks like a pennant, pretty much most useful crypto.
Monero / USD dipping target after it's recent pump +27%Monero has been underwater below 100 USD level along with it's price against Bitcoin was around 131-135ish. This moment surely used for accumulating this one and only remarkable privacy coin so far.
As people start taking profit, i suggest to also look into Bitcoin price movement which quite volatile to go north right now and with that being said, there will be any moment that Bitcoin price might go south and affect all of the alt-coins prices including monero.
I'm looking for retracement around 0.5 fib level and below before you start getting new entry, while this view also supported with RSI level that has already overbought.
$ Perfect Ace $ PIVX +500% GAIN1. Reversal Signal
2. Bullish Volume
3. MacD Interesect
4. RSI Oversold Curved Upwards
Target: $20 6/2018
XMR/USDT,D, BITTREX - NEARING END OF WAVE 2?August 27th 2017 - December 20th 2017
Growth %: 211%
Growth $: $328.00
December 21st 2017 - November 21st 2018
Conservative Projected Growth %: 70%
Conservative Projected Growth $: $333
Currently bouncing off bottom support of descending triangle, coming into apex very soon. RSI showing signs of a reversal soon. Somewhat oversold at the moment. This could be because of the market movement as a whole or the regulatory status for privacy-centric coins such as Monero in different countries.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
A seemingly perfect Gartley pattern in PIVXI was just learning and teaching the Garley pattern at the same time earlier today... went looking for it and found it pretty easily both here and on WAX so far.
I've been invested for quite some time, waiting for last year's buy-in to finally pay off. The higher target is likely in the very near future, I believe.
It looks like it's finally about time. Standard stop-loss for a Gartley patternis just below point X.
DASH/BTC - BUY ZONE, SELL ZONE, SUPPORTTake a look at EMA55 & EMA200 crossover, Fib retracement levels, RSI oversold (1st time since March 29th), MACD divergence channel/trend, ascending triangle formation, etc...
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Bytecoin is heavily long to BitcoinAt the moment bytecoin has already surged over 100% in the last couple of days.
The BCNUSD pair is not that obious though. Looking at the BCNBTC pair you clearly see a break through the downtrend vom 2017.
Since the 4.618 extension was rechaed after corrections in the past i expect it to be reached. Depending on the current Bitcoin rate that would be around 0.000012 sats or 0.1 USD.
Ari Paul on how Privacy coins like Monero will compete with BTCInvestor: Adoption of Cryptocurrency as P2P Cash is Key For Next Bull Market
Ari Paul, CIO and managing partner of cryptocurrency hedge fund BlockTower Capital, took to Twitter to share his thoughts on what might drive the next bull market: adoption as P2P cash, institutional portfolios, privacy, and marketing.
the crypto influencer argued that Bitcoin will find much growth in demand as individuals fight for their privacy in a world that increasingly embraces surveillance states. Ari Paul foresees inevitability in the power of privacy in the cryptocurrency world:
If Bitcoin is adopted *because* it supports anti-money laundering measures by investors, that opens the door for a specifically non-AML competitor.
Finally, Ari Paul recognized that the easy money obtained by so many cryptocurrency projects, some sitting on $200 million in capital and others over $1 billion, should be able to drive the bullish market.
“Unlimited budgets coupled with the world’s best marketers produce amazing results”, he wrote on Twitter. “They can create at least pumps, and with smart consumer applications maybe some real adoption.”
Investor: Adoption of Cryptocurrency as P2P Cash is Key For NextAri Paul, CIO and managing partner of cryptocurrency hedge fund BlockTower Capital, took to Twitter to share his thoughts on what might drive the next bull market: adoption as P2P cash, institutional portfolios, privacy, and marketing.
The crypto influencer argued that Bitcoin will find much growth in demand as individuals fight for their privacy in a world that increasingly embraces surveillance states. Ari Paul foresees inevitability in the power of privacy in the cryptocurrency world:
If Bitcoin is adopted *because* it supports anti-money laundering measures by investors, that opens the door for a specifically non-AML competitor.
Finally, Ari Paul recognized that the easy money obtained by so many cryptocurrency projects, some sitting on $200 million in capital and others over $1 billion, should be able to drive the bullish market.
“Unlimited budgets coupled with the world’s best marketers produce amazing results”, he wrote on Twitter. “They can create at least pumps, and with smart consumer applications maybe some real adoption.”
Cloak SetupI have been eye'ing this trade for a while now. It just recently hit my price targets, and looking for at least a 3X return on this one.
Monero - up or downLong idea
After a sub-wave 2 correction that hit the 0.786 (195 USD) we could have started sub-wave 3 of the 5th wave.
Target 1 - 425 USD
Target 2 - 565 USD
If this does play out their will be some very nice shorts to be had at both targets, especially target 2.
--
Short idea
This bounce drops and sub-wave 2 could continue to retrace to nearly 100% of sub-wave 1
Target - 160 USD - however it could go lower and bounce of the support at 150 USD or even punch through it, so i'll keep my short open until I see a large bounce.
Progress Slows On Once-Hot Ethereum Privacy Projects////ETH has all but given up on being private,
we will need fungible assets like
XMR to power the smart contracts of the future
if we want to retain our privacy from all///
thereum's moon math is showing signs of coming back to earth.
Such was the feeling at EthCC, an ethereum developer conference in Paris, Thursday, where a dedicated privacy track struck a somber note compared to years past.
Indeed, despite a software upgrade in October that saw improvements built to pave the way for confidentiality, such methods have been shown to exceed ethereum's processing capacity, with the computationally intense cryptography all but bringing the blockchain to its limits.
So, while developers like Andrew Miller had predicted a rise in privacy-centric ethereum applications just months ago, the conference showcased how an almost eerie silence has followed as scaling and security obstacles have proven more difficult to solve than foreseen.
As evidence, ZoKrates, a programming language aimed to equip average developers with the ability to code private contracts, has struggled to find its way out of the setup phase.
Speaking in a presentation today, the code's creator, Jacob Eberhardt, said that ethereum will need to add more cryptographic variables in a system-wide software upgrade for the concept to work. Still, Eberhardt also bemoaned that, given the controversy that can follow such a suggestion, it's perhaps not one that will be adopted quite so easily.
"We don't want to keep adding new crypto," Eberhardt said.
Matthew Di Ferrante, developer at the Ethereum Foundation and founder of smart contract company ZK Labs, echoed this cautionary tone. In a discussion on the relationship and trade-offs between privacy and scalability on ethereum, Di Ferrante went so far as to warn the audience.
"If you think ethereum isn't scalable now, or that blockchains aren't scalable now, the further you get the more alarming it is. Everyone likes to talk about the magic, but not many people can write the code," he said.
The statement is notable considering the urgency of the ideas at stake.
In particular, zero-knowledge proofs, due to their ability to compress information in a concise format, could eventually work to reduce information on the ethereum blockchain, thus enabling better scaling.
According to Di Ferrante, such achievements are still possible, they're just a little further down the line.
He told the audience:
"Progress is slow but that doesn't mean it's not possible."
Waiting for privacy
As an example, Di Ferrante pointed to blockchain voting to illustrate the problems faced today.
"A vote of a thousand people would require a thousand signatures each a thousand bytes each. You would never be able to check a single signature due to the block gas limit," Di Ferrante said.
Such a use case is the core emphasis of Di Ferrante's research, which seeks to anonymize proofs through the use of ring signatures - a way of obscuring information in a retrievable way that works by aggregating the data within a group.
Di Ferrante has found that by using bi-linear pairings, a form of elliptic curve that is active within the ethereum virtual machine, various shortcuts in the complex cryptography can be made to minimize the scalability trade-off.
However, while his prototype has a working implementation, Di Ferrante told the audience, "It's just ridiculous, it's way too inefficient, if people started using that as a main service the chain would go down again."
And that wasn't the only sobering note struck at the conference today.
Currently, in order to generate a ZoKrates contract, each individual needs to enact the setup phase themselves, a fact that is perhaps slowing the adoption of zero-knowledge cryptography into businesses built on the ethereum platform.
In the generation of a zk-snark, information is produced that could allow the holder of the information to falsely manufacture transactions, providing the data generated by the zk
Monero: the only altcoin rising vs Bitcoin in the past 2 yearsMonero POLONIEX:XMRBTC is probably the only altcoin which has been steadily rising against Bitcoin COINBASE:BTCUSD in the last two years.
It was called "the only useful altcoin" in the early days of crypto.
As the power of AI and Big Data is becoming increasingly more consolidated into fewer hands, compromising the confidentiality behind transactions on public blockchains is becoming more common. Clustering and data analysis can seriously harm the fungibility of digital currencies - and there could be no functional digital economy without privacy.
Projects like Monero POLONIEX:XMRBTC and ZCash BITFINEX:ZECUSD do tackle many of the privacy threats of transparent chains like Bitcoin. They are certainly a good consideration for long term investment.