HAVE NO FEAR, WEEKEND UNLIMITED IS HERE!Greetings my Beloved Beings of Light and Love,
Today, let us look at Weekend (POT.CA).
Weekend Unlimited is a leading solutions provider across Continents .
Weekend Unlimited continually adopts strategic acquisitions of well positioned firms in the Edibles, Extractions, and CBD Oils market.
Weekend Unlimited complacently optimize its Global Supply Chain distribution model to distribute their spectrum of growing products in the Countries served.
They also have a focused mainstream advertising budget to appeal and build brand recognition and loyalty with their valued loving Brothers and Sisters.
Legalization 2.0 is October 17th in Canada which positions Weekend Unlimited to legally execute on its well designed Edibles, CBD Oils, and Extracts strategy!
The entire Earth is following by example and immediately Weekend Unlimited will cover over 40+ countries and growing!
HAVE NO FEAR, WEEKEND UNLIMITED IS HERE!
Blessings my Brothers and Sisters of Love and Light!
Unlimited
Journey of 1000 psychological trading hacks.Join me - to boldly go where 'no man' has gone before. This is the Final Frontier.
I take on the big issue - head on.
This is the one that is more likely to make the biggest difference to achieving consistent profitability.
I assert that it technical and fundamental analysis are not most important issues in trading - at all! If 'everybody' could simply do proper technical and fundamental analysis and make load of money, then everybody would be rich. It's never happened. It ain't gonna happen!
I say that our enemies lie within. I say that dealing with the enemies within - by self-analysis, is the path to unlimited gains.
AND - it's not just me saying so.
Could this be your 'Mission Improbable' or your 'Mission Possible'? The choice is yours.
This post is in keeping with Tradingview's text-based analysis guidance
Unlimited by 200 Day MASprint is a decent looking buy a little lower, and it looks like it may be going towards $5 something (Or maybe higher). The company has a couple of warning signs on Gurufocus.com: I don't know what they are, (I don't subscribe to the full version yet) . The stock just hit it's 200 day moving average. Most whale investors like to see that as a qualifier for investment stocks (At least thats what I've heard). NYSE:S has invested well into it's networks and cellular users' experiences. It looks like the chart could be forming a bearish flag at this point. It does have a stock price below its Peter Lynch number, which famed investor Peter Lynch used to measure a stock's price compared to it's earnings...It basically means that the stock is possibly a good buy, if it's graphical price line is below it's graphical earnings line. CONS: Net sales are down a little in Q4 2017 from Q4 2016. Does NOT pay dividends. EBIT was down in Q4 2017 from Q4 2016. PROS: Increased cash, equity, and assets in Q4 2017. Decreased debt in 2017 Q4. High trading volume and well-known US company.
BITCOIN POTENTIAL SHORT: BEAR FUNDAMENTALSThis is a sad moment for Bitcoin. And probably for whole crypto-market.
We've seen bullish exhuberance on altcoin markets , where major alts (DASH, ETH, XMR) gained an 100% in average last 7 days. And they gained much more at their peaks.
These are the actual numbers against BTC since bitcoin ETF rejection:
XMR +155%
ETH +295%
DASH +265%
And other minor alts also grew A LOT against btc.
We've seen this before. Prior the great bear market in BTC at the end of 2013 begining of 2014.
This could be bitcoin whales manipulating the small altcoins markets to squeeze as much bitcoin as possible prior the bitcoin bear market. Or in the best case scenario (unlikely in my opinion) a migration from BTC to other solutions .
And we have some important bear fundamentals :
Bitcoin ETF was rejected . Basically the SEC told us that bitcoin markets are not regulated, and so, easily manipulated and not elegible for american regular investor. Source .
A potential non-friendly hardfork is more real than ever . The relations between Bitcoin Core and its community and Bitcoin Unlimited and its community are more tense than ever ( source ).
Recently BU nodes were attacked ( see sharp nodes drop ), and the whole BU team made fun off ( source ).
Even after those problems, currently BU scalability solution (hard fork to bigger blocks) is signaled by +32% of the hashrate, while Bitcoin Core scalability solution (SegWit) is signaled by +27% of the hashrate ( Source ). Bitcoin Core community won't ever accept Unlimited solution, and viceversa. And what is worse, important people in the bitcoin world are already considering/planing how to list/treat two potential bitcoins. ( source )
PBOC preparing highly STRICT regulations . There is a draft, not approved yet, suggesting mandatory in person verification prior first deposit/cashout. (Sources: 1 , 2 , 3 , 4 )
Bitfinex hacked coins apparently on the move . ( Source )
I have my opinions about this Bitcoin Core/Bitcoin Unlimited war, but i think they are irrelevant. What is relevant is that something MUST be done . And splitting bitcoin in two different chains IS NOT AN OPTION .
The bigger bitcoin is, the most difficult finding a solution will be. This has been delayed too much. And it has a huge negative effect: people could start thinking that a decentralized governance IS NOT POSSIBLE. As bitcoin is proving unable to reach consensus for years, and what is worse, this consensus seems more difficult each day.
And this seems to be simplified to a big disconformity about what is bitcoin.
¿Is bitcoin a currency/payment method or is bitcoin a store of value? If even early adopters and leaders of the community can't agree on this, then bitcoin's future is doomed.
All this makes me feel quite unconfident of bitcoin ability to hold it's current market cap.
I personally sold 40% of my cold storage (~$300 avg buy price) into fiat at 1200.
And now i am opening a short.
I am laddering my short entry, 1130-1150-1170-1215-1250.
I will stop this short once i see the scaling debate/potential hardfork finding a friendly solution.
Short DASHDASH price has become MASSIVELY over-inflated into a giant bubble which has now burst.
Yesterday Bitfinex added BCC and BCU tokens to allow traders to speculate on the future price of BTC and BTU respectively (these tokens will then be fully-convertible post-fork).
Currently BCC (BTC) is surging ahead. This will lead to downward pressure on DASH which has been boosted in price partly as a speculation on BTC price crash.
It now looks likely that a hard fork will result in BTC maintaining a healthy price and market dominance and thus the bullish exuberance in Alts is near to run its course.