In this episode of the “Bitcoin Magazine Podcast,” Dave Hollerith talks with Nathan Hadley, a.k.a. Bitcoin Schmitcoin, to hear about what it’s like to be a bitcoin price analyst. Hadley discusses how he uses technical analysis to gauge the bitcoin price, why that works better than fundamental analysis in this market and what will need to be seen in the market before bitcoin takes a bigger bull run. Hadley also explains why most self-proclaimed “traders” are full of it and reflects on some of the craziest days in cryptocurrency price action that he has ever seen.
Resources:
Twitter:
- Bitcoin Schmitcoin (@BTC_Schmitcoin)
- Dave Hollerith (@DsHollers)
- Grahm Petersen (Grahmbo1stBlood)
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DISCLAIMER: The following content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this presentation constitutes a solicitation, recommendation, endorsement, or offer by BTC Media, The Let’s Talk Bitcoin Network, or any third party service provider to buy or sell any securities or other financial instruments.
The post Bitcoin Schmitcoin on Analyzing the Bitcoin Price and Healthy Markets appeared first on Bitcoin Magazine.
Via: Bitcoin Schmitcoin on Analyzing the Bitcoin Price and Healthy Markets
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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