Quote from: Torque on March 27, 2018, 05:59:06 PM

https://www.zerohedge.com/news/2018-03-27/twitter-tanks-after-citron-warns-wait-til-congress-finds-out-about

So finally we will learn the truth.

That these social media companies are NOT making the majority of their money via ad revenue.

That they are making major money selling user data. Perhaps even being subsidized for it by Alphabet agencies, govts, banks, etc.

And oh yeah, to remain OT: Buy Bitcoin!

This is the plot to House of Cards I saw many seasons back, life imitating art there or maybe it was common knowledge for a while. It seems quite short sighted of Facebook if they did not realise selling to the Russians would be a problem when there is ongoing sanctions if for no other point. I presume they just sold to the highest bidder and did not follow due diligence in avoiding systemic risk to their business model.

Quote from: Lopumbo on March 27, 2018, 05:40:11 PM

aaaand the hopes are crushed...again Cheesy

Quote from: Vlada69 on March 27, 2018, 05:19:48 PM

Quote from: Toxic2040 on March 27, 2018, 05:14:35 PM

Good morning tribe.

Upward buying pressure has increased as we head deeper into the week. I see a nice steady flow of buys over the last 12 hours indicating building market confidence. I believe we will be testing resistance at $8.3k soon as positive buying sentiment returns to the market.

The chart could be slightly exaggerated( Tongue

) but I think the market is going to move back towards that over all trend line at $9.5k+.

#dyor #btfd

I don't want to be rain on your parade but would like to add the test between 8.4k/8.5k. If it goes up from there I think will reach 11k range again. Otherwise quite bearish.

I would not state 11k target especially now but its still more positive now then it was a day ago. Every decent trend break needs confirmation, shake out those bears. Sometimes it takes an entire spin of globe to involve all traders not just one mindset from one continents perspective.