📰 CoinSheet - August 13, 2018 📰

Why is ETH crashing?

August 14, 2018 It is hard to be evangelical about moderation. -R. Curtis Morris Jr. CoinSheet #213 Your providers do the best they can to keep spam out, but sometimes the systems they use mistakenly catch good mail along with it. So, we ask that you add us to your trusted list of senders. COIN BULLETIN Why is ETH Crashing? Because folks are selling ETH. I wish this was more complicated (I really don't tho) so I could write a long article, but it's pretty simple. Anyone who's making this more complicated then it needs to be is either derping or is somehow after your money. Simple concepts tend to be hard to convey, but sometimes it's just that (Ockham's razor, thank you based Socrates). Check out this thread from some Facebook group that I commented on. It's from about half a year ago. And as of today, ETH is still very profitable to mine (I think the break-even cost on mining ETH is somewhere between $100 and $150). Oh, and let's not forget all the ICO's who have treasuries full of ETH. Bitmain IPO I'll just say this, if you have an opinion that is similar to the angry Panda below, change it, it is probably wrong. Anyone who has access to the Bitmain IPO deal is investing in the Bitmain IPO deal, and it's probably not because they're planning on losing money. What else is going on... Nothing super important THINGS I LIKE dApp Capitulation Some large ETH holdings. Which ICO is holding it. And Which ICO is moving it. You can them out here. MARKET SENTIMENT Top 5 Winners Top 5 Losers Technicals You don't want technicals, you just wanna get rich quick don't ya (technicals aren't super now important unless you're day trading, and if you're day trading you shouldn't be getting your charts from me).  Bitcoin BTC is fine, stop worrying. Later this week or early next week I'll write about why I'm still super bullish on BTC. Oh, and that yellow arrow is the price area (~$8,600) from where I tweeted you should probably short. It was a bearish tweet no one liked it, and no one wanted to see it. welp. ANNOUNCEMENTS I'm still travelling around EU. Remember to join my little telegram announcements page. I'm trying to pilot what a SMS alerts thing from me would look like and if it's worth setting up. https://t.me/coinsheets I'll only try to post things I think are important. Most things aren't important, so you won't see much. Help Raise The Tide Of Crypto Invite Your Friends Unique Link:https://www.coinsheet.org/coin/?mwr=5038-29a415ca Subscribe Thank you for reading. Our mailing address is: CoinSheet 427 N Tatnall St #84981 Wilmington, DE 19801 Add us to your address book Tired of getting emails from us? You can update your preferences or unsubscribe from this list.