Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

Bitcoin Bullish Attempt

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Some time has passed since I wrote a more lengthy article, but not nearly as long a time as this gruelling bear market in cryptos – now 12 months long, and counting. So, in this article I’d like to rewind the clock a bit. 

When we first saw our bull market top in cryptos, I did not fully expect a long bear market such as we’ve seen. While the March breakdown confirmed in my mind that the $3000 to $4700 zone would be visited again, I did not think it would take this long. 

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Marchin’ To Zero

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I was originally going to be back midday Tuesday, but I’ve rearranged flights to get back in the saddle late tonight. I can’t stomach being away from all my computers and screens an longer. Running this site remotely is just too awkward. While I am sorting through my own charts, just an update on the wonderful world of crypto – – one glance at the charts will tell you all you need to know.

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Destination Zero

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First off, please press Ctrl-F5 on your keyboard. We’ve been doing a lot of tweaking on the site, and I want to make sure you get the latest, freshest version. Please do it now. I’ll wait.

OK, thanks. I hope you’re seeing the speed improvement on the site. It’s certainly miles away from what it was a week ago!

I’m sure you’ve heard about the continuing crumbling of the crypto chasm chronicled. As a chartist (and not a crypto trader), I can only point out that pink line as being the last sorta-kinda support for the bluest of the blue chips, Bitcoin, which is the kind of the cryptos with about 2,000 lesser coins under it. It has lost “only” 81% of its value, as opposed to 90%, 95%, or 99.9%.

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Crypto Carnage Continues

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Unrelated to this post, I want to mention again that Slope’s sudden popularity is crushing our servers; the whole team (as well as some outside consultants) are hard at work at getting us past this Slow Slope Situation.

I see that cryptocurrencies, perhaps the greatest scam in a generation, is continuing to plummet toward worthless. Here’s the “blue chip” bitcoin, featuring the image of the self-described Crypto Genius (remember all his ads a year ago?)

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Crypto Industry Collapse Continues

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I had been joking for weeks now that Bitcoin seemed to be stuck at precisely $6400. Its volatility has basically gone to zero. Whereas a year ago the entire world was OBSESSED with crypto (and all the scamsters and con artists crawled out………..) now it’s quite evident this technology was simply a solution in search of a problem (……..a problem which apparently doesn’t exist) and the entire “industry”, if one dares use such a term, is collapsing. $BTC has broken support.

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