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.
It’s truly fascinating to watch the crypto creeps try to get their ecosystem back on its feet again. They’re trying. God love ’em, they’re really trying. But it seems each time there’s a breakout (and when there it, the price moves VERY fast), it just farts and rolls back down. Here is Ethereum, featured with its dazzling creator.
It’s very early (like, oh 4 a.m.) and I’m deliberately not even looking at the futures markets. I haven’t done so since yesterday. After The Director texted me that Abe had been shot (and, subsequently, he died) we puzzled over the fact that the Japanese Yen suddenly was soaring (????) and equities were down. I mean, it’s a sad thing, obviously, but why the death of an ex-PM would cause such gyrations in futures is beyond me. It extends to crypto, too, which yet again was repelled from daring to break out.
There’s not a doubt in my mind that the crypto world is breathing a sigh of relief, now that everything is rallying. Ethereum is well above its psychologically-important $20,000 level, and Ethereum is above its $1,000. I would like to point out, however, that until and unless they cross their horizontal resistance lines, it’s just meandering in a range, as it is inclined to do, sometimes, for weeks:
I stopped trading crypto last year. I made a decent five-figure profit for the year as a whole, but I decided to give equities a go again (and, mercifully, they are a real market once more). I did, however, retain my remaining positions in CryptoStream, just to see how things would have gone if I had the testicular fortitude to hang on for deal life. Let’s just say I’m glad that I’m a wimp.
