Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Microstrategy (MSTR), a former software company which has transformed itself into a Bitcoin holding company with sky-high premiums, has gone up over 1,000% over the past fifteen months. I wanted to point out a rather unusual island reversal pattern that has just taken place.
Michael Saylor is heralded as some kind of super-genius by doing the following:
Personally, I think it’s madness, and on occasion the market has a moment of lucidity.
BONUS FUN FACT: Microstrategy is the same price now as it was in January 2000, nearly a QUARTER FREAKIN’ CENTURY AGO.
As I’ve mentioned, several highly intelligent and well-meaning friends have been insisting that I put money into Bitcoin, irrespective of its ups and downs. I’ve got to say, though, that when it loses over $10,000 in just a few days, as shown below, it once again gives me pause.
Of course, there’s also the guy on X who castigated me last night for “selling out”. What did I do, precisely? I added more historical data for Bitcoin and Ethereum. I tell ya, people are goofy.
We have expanded our historical data on Bitcoin and Ethereum substantially. Check out the $BTC chart below, which goes back to 2010 when it was just a nickel!!
A week ago, one of you wrote saying they wished I had more BTC data. I say, sorry, no, go away. But, as usual, it bugged me, so I made it happen. Enjoy!
(more…)My interest in crypto is slowly being stoked (mostly by friends who are relentlessly hectoring me to get on board), but, as a chartist, I’m not comfortable with this sucker until about $55k or so.
