1 month updates *Steem & Pot Coin* by idcinc

View this thread on steempeak.com
· @idcinc · (edited)
$46.39
1 month updates *Steem & Pot Coin*
<html>
<p>&nbsp;Another week, another update!&nbsp;</p>
<p>Things are looking good today with some traders feeling a <a href="https://www.youtube.com/watch?v=yn_uWwdQbh4">possible reversal</a> in the market. Among others, Pot Coin and Steem both seem to be on board with this sentiment &nbsp;looking set to bounce some time soon as you’ll see in my follow up analysis of the two...</p>
<p><img src="https://steemitimages.com/DQmefAJd93FSAPjSmdZfwPMX9sqUvBffC5axnwqQLkkm1Fz/potcoin.png" width="646" height="220"/><br>
(<a href="https://www.potcoin.com/2017/08/11/much-needed-core-wallet-sync-update">Image Credit</a>)<br>
<br>
Taking longer than expected to follow the path I’d originally predicted...Pot Coin has continued to drop over the last few weeks. This was, of course, always a possible scenario and the action did follow my blue support line quite well as it fell. While the decline LOOKS severe, POT has actually only come down about 80% since it's more than 200% rise. In my (not professional) opinion, this decline could still be considered a small correction, a characteristic of such a breakout. Today it looks like support for the coin sits just below where price action currently is on the 1 and 4-hour charts...looming not far below, is the .786 of my Fib which I’ve been expecting a bounce from.&nbsp;</p>
<p><br>
<img src="https://steemitimages.com/DQmctaSWrZJq5ouBrZQhHwvBgKSTdBfncxVQPwEHE9mnbG2/POTCOINCHART.png" width="982" height="506"/><br>
<br>
Follow this chart <a href="https://www.tradingview.com/chart/POTBTC/7QXkUJMx-Analysis-on-POT/">here</a>.<br>
<br>
Recently Pot Coin Tweeted that there’s been an update to their <a href="https://twitter.com/PotCoin/status/971577342161190912">wallet system</a> for both mobile and desktop devices as well as a Tweet highlighting their “groundbreaking plan” to “<a href="https://www.potcoin.com/2017/12/13/potcoin-2018-vision-board">nip volatility in the bud</a>”. &nbsp;If development updates like these continue and <a href="http://www.pewresearch.org/fact-tank/2018/01/05/americans-support-marijuana-legalization/">support for legalization</a> maintains it’s momentum this could be the bottom for Pot Coin...it may be taking longer than we’d like but I see a bright future for this and other cannabis-related coins like <a href="http://hempcoin.org/">THC</a> and <a href="http://www.cannacoin.tech/">Canna Coin</a>.<br>
<br>
<img src="https://steemitimages.com/DQmbssAg5rYmbdoGntbKhKEmfae1EiQnZVQaFJ7AfP9dqou/steemlogo.png" width="500" height="200"/><br>
(<a href="https://www.bing.com/images/search?view=detailV2&amp;ccid=4%2fyblC0y&amp;id=051B9171A6B4098EF953A72401CEA334A737075C&amp;thid=OIP.4_yblC0yFOL0xI86lLytKAHaC9&amp;mediaurl=https%3a%2f%2fwww.steem.center%2fimages%2farchive%2f5%2f55%2f20160814202358%2521Steem_Logo.png&amp;exph=200&amp;expw=500&amp;q=steem+it&amp;simid=608041520190458120&amp;selectedIndex=3">Image Credit</a>)<br>
<br>
There have been some grand claims in recent days from the Steem It platform with them <a href="https://twitter.com/steemit/status/968501745788903425">tweeting</a> a news article citing their claim to be the “new financial internet...aim(ing) to <a href="https://www.bloomberg.com/news/articles/2018-02-27/websites-using-blockchain-to-pay-users-aim-to-disrupt-facebook">disrupt Facebook</a>...with (the) blockchain”. This statement follows the release of the <a href="https://steemitstage.com/">Steem It stage</a>, a new test site for updates and integrations where users use the platform as they normally would while providing feedback.<br>
<br>
Their biggest focus at the moment? AppBase, which when released from beta will, "create distinct “modules” that will dramatically improve Steem’s ability to scale."&nbsp;</p>
<p>How is the community responding to this news? Does sentiment follow Steem’s grand ideas for the future?<br>
<br>
Let’s check it out...</p>
<p><br>
<img src="https://steemitimages.com/DQmWuAmgxTWmp3jU84eaB1MNiueMc374RaMRoGaNjQM7UtY/steem.png" width="1011" height="523"/><br>
<br>
Follow this chart <a href="https://www.tradingview.com/chart/STEEMBTC/5mFRBM30-Are-you-in-on-STEEM/">here</a>.<br>
<br>
Wicking through three support lines where they cross over on the 1 day and 4-hour chart, price action could bounce from where it currently is. If this is the case I could see the market continuing a sideways trading pattern for some time before busting through the .618 hitting resistance soon after. I’ve indicated this possible move with a blue arrow on my chart...however, I am not convinced this is the most likely path Steem will take in the coming days.<br>
<br>
Indicated by the purple arrow, Steem could continue to fall for a few days, or weeks yet. My hopes are if it does it will bounce at the .786, however, I would not be surprised to find it falling below, this potential indicated by the turquoise horizontal line I’ve drawn. This area of support is one price action has seen and bounced from a number of times before.<br>
<br>
There is, as always seems to be lately, a feeling of uncertainty this week in the market...but one could say it’s all about perspective. On the one hand, news reports of links to child porn <a href="https://gizmodo.com/child-pornography-that-researchers-found-in-the-blockch-1823927566">embedded in the Bitcoin blockchain</a> have shaken up investors who wonder, will it be, or is it now illegal to be in possession of the <a href="https://mashable.com/2018/03/21/bitcoin-child-pornography/">Bitcoin ledger</a>? On the other hand this article by Coindesk highlights <a href="https://www.coindesk.com/from-icon-to-eos-these-coins-are-leading-the-crypto-market-rebound/">a number of notable gains</a> in the market this week echoing the sentiment of others who see, " a <a href="https://hackernoon.com/1st-quarter-bear-market-rest-of-2018-bull-b976ffc41429">major turnaround</a> (or return to normal) beginning mid April or so ".<br>
<br>
Based on YOUR analysis, where do you see the market heading in the near future??<br>
<br>
Let us know!!<br>
&nbsp;</p>
<p>&nbsp;&nbsp;°Br¡tT^N¥° (<a href="https://steemit.com/@thejadecrow">@TheJadeCrow</a> on Twitter) &nbsp;&nbsp;</p>
</html>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 57 others
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vote details (121)
@twitterbot ·
### ![PotCoin](https://pbs.twimg.com/profile_images/529838743306244096/K9OQZM_G_normal.png) **[PotCoin](https://twitter.com/@PotCoin/status/971577342161190912)** tweeted @ 08 Mar 2018 - 02:44 UTC

> REGULAR UPDATE - The download files for the desktop wallet to get you syncing faster have just been updated.… [twitter.com/i/web/status/9…](https://t.co/Iqg6YraL5u)


### ![steemit](https://pbs.twimg.com/profile_images/930433253747589121/eD1VHQH1_normal.jpg) **[steemit](https://twitter.com/@steemit/status/968501745788903425)** tweeted @ 27 Feb 2018 - 15:03 UTC

> Websites That Pay Users With Blockchain Aim to Disrupt Facebook [bloomberg.com/news/articles/…](https://t.co/TBzWnmcRZ9) [#steem](https://twitter.com/search?q=%23steem) [#Steemit](https://twitter.com/search?q=%23Steemit) [#blockchain](https://twitter.com/search?q=%23blockchain)… [twitter.com/i/web/status/9…](https://t.co/QGgZERMUl2)


###### *Disclaimer: I am just a bot trying to be helpful.*
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@kpreddy · (edited)
$0.02
Check out storm coin....170% rise in a week
👍  , , , ,
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@idcinc ·
Will do, thank you!
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@kpreddy ·
$0.02
I made a post on storm coin....you can check out here..
https://steemit.com/storm/@kpreddy/storm-coin-to-fly-booming-coin-in-crypto-market-right-now
👍  
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@booster ·
<p>This post has received a 2.62 % upvote from @booster thanks to: @idcinc.</p>
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@sneaky-ninja ·
re-idcinc-1-month-updates-steem-and-pot-coin-20180324t013530172z
![sneaky-ninja-sword-xs.jpg](https://steemitimages.com/DQmde7XXhkKjmxyqBbBPTwkaiuXXrtQe6qXoWmCDZL1nD2B/sneaky-ninja-sword-xs.jpg)
Sneaky Ninja Attack! You have just been defended with a 13.72% upvote!
I was summoned by idcinc. I have done their bidding and now I will vanish…
woosh
---
P.S. If you or anyone you know has been a victim of @grumpycat please know that he has been harming people throughout Sōsharumedia (ソーシャルメディア). Stealing the service that I (and other bots) have provided them and hiding behind a facade of stopping bid bot abuse which he clearly has no interest in.
Sneaky Ninja is a very responsible bot, working directly with steemcleaners, actively pursuing spam and abuse on our platform. If you would like to see what steps Sneaky Ninja has taken to fight bid bot abuse see [this post](https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-strikes-back-how-ninja-is-combating-bot-abuse-special-announcement) and [this post](https://steemit.com/steemit/@sneaky-ninja/sneaky-ninja-strikes-again-the-next-step-in-fighting-bid-bot-abuse-attention-dmania-and-dlive-users). Also know that I am working daily on other solutions.
If you would like to know my personal take on bid bot abuse and why I do not agree with the 3.5 day rule, see [this post](https://steemit.com/steemit/@michaeldavid/steemit-s-got-issues-bid-bot-abuse-take-1)

### Grumpycat is a villain that must be stopped to protect our freedoms here on steemit!

![resist grumpycat](https://steemitimages.com/DQmRL1EHCGsFkA9Pi8aAwzL8PGYmPPuvK6QicoxsiLEPHwX/resist-image.jpg)
There is a resistance that has formed to counter his tyranny.

If you would like to take an active role in stopping this menace and helping other victims like yourself...
[Learn More Here](https://steemit.com/we-resist/@firedream/resistance-started)
![Kusari-Profile-small.jpg](https://steemitimages.com/DQmSzAJV75vQ4MjPfJg5vCBeueYWNVHBp38VtC2xt7CNqJm/Kusari-Profile-small.jpg)

I have also summoned my love, Kusari to offer some limited help to victims like you.
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@brupvoter ·
re-idcinc-1-month-updates-steem-and-pot-coin-20180324t032006250z
You got a 33.28% upvote from @brupvoter courtesy of @idcinc!
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@nado.bot ·
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You got a 47.33% upvote from @nado.bot courtesy of @idcinc!

Send at least 0.1 SBD to participate in bid and get upvote of 0%-100% with full voting power.

![](https://steemitimages.com/DQmQE5eufDLSWP2pxAZtk8KaTQd6TEPirBbs3p5V9wkBZLc/tornado_1_1.gif)
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@postpromoter ·
re-idcinc-1-month-updates-steem-and-pot-coin-20180324t054403087z
You got a 1.74% upvote from @postpromoter courtesy of @idcinc!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)
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@matthewmunseyart ·
$0.02
I’m pretty new to crypto myself still, but I’ve actually been looking at Pot Coin recently.  I appreciate all of the work you’ve done here, and just wanted to let you know that it’s at least helped one person figure some things out!
👍  ,
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@idcinc ·
SO GLAD TO HEAR THAT!! Certainly stay tuned for more updates, Thanks for following :)
👍  
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vote details (1)
@matthewmunseyart ·
$0.02
Will do!
👍  
properties (23)
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root_title"1 month updates *Steem & Pot Coin*"
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vote details (1)
@coin.info ·
**Coins mentioned in post:**

Coin | | Price (USD) | 📉 24h | 📈 7d
- | - | - | - | -
**BTC** | Bitcoin | 8566.920$ | _-3.63%_ | _11.44%_
**POT** | PotCoin | 0.110$ | _-2.83%_ | _5.41%_
**STEEM** | Steem | 1.988$ | _-0.64%_ | _21.19%_
**THC** | HempCoin | 0.055$ | _-7.97%_ | _12.89%_
👍  
properties (23)
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created2018-03-25 09:46:42
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vote details (1)
@crystalhuman ·
I'm considering buying more POT now..  :)
👍  
properties (23)
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json_metadata"{"app": "steemit/0.1", "tags": ["crypto"]}"
created2018-03-25 16:11:33
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