📰 CoinSheet - Dec 8, 2017 📰
"Man is free at the instant he wants to be."
-Voltaire
CoinSheet daily Issue#141
December 8, 2017
COIN BULLETIN
Goldman Sachs Will Trade Bitcoin Futures For Clients
Just a gentle reminder that the bitcoin futures exchange of the Chicago Board Options Exchange (CBOE), is set to launch on December 10 and apparently Goldman Sachs folks will be trading futures for their clients.
Such wow! Who would have ever thought that folks at a bank would do something that would make them a bunch of money! Revolutionary!
And while we're on gentle reminders, here is a reminder to not trust anyone telling you what is going to happen with the price of bitcoin once we actually get bitcoin futures...because they don't know. I don't know. Even the Illuminati, does not know (they might have bought the dip, but they don't know the future).
Huobi, SBI Announce Plan for Japanese Bitcoin Exchanges
Coindesk reports that cryptocurrency exchange Huobi is partnering with Japan-based investment group SBI to launch a pair of cryptocurrency exchanges.
This is only a few months after government officials led Huobi, along with BTCC and OKCoin, to cease offering trading services in China.
Anyways, you can read more about this here.
A share a day keeps the SEC away...
NiceHash CEO Confirms Bitcoin Theft Worth $78 Million
Remember how yesterday Nicehash Mining Pool was "allegedly hacked," and accused of losing 4449 BTC?
Coindesk reports that NiceHash has confirmed that yesterday's hack resulted in the loss of over 4,700 BTC, an amount worth more than $78 million.
Mama mia that's a lotta bitaaacoin!
India's Central Bank Sounds the Alarm on Bitcoin
Nothing too serious here. The Central bank of India just wanted to reiterate its stance on companies working with cryptocurrencies stating that it:
"...has not given any license/authorization to any entity/company to operate such schemes or deal with bitcoin or any digital currency."
What else is going on...
Coinbase is the number #1 Free App in the App Store.
The Bulgarian government is sitting on $3 billion in bitcoin.
Australian finance watchdog to monitor bitcoin exchanges.
Bank of America wins a patent for crypto exchange system.
THINGS I LIKE
Bitcoin and Virtue Part 4: Fortitude
Great new article from Jimmy Song. In Part 4, Jimmy writes about how bitcoin and sound money encourage bravery, grit and courage.
You can find the article here.
Rawr
MARKET SENTIMENT
Top 5 Winners
Top 5 Losers
What's Up With Bitcoin?
Remember how all the experts were like "Oh yeah, I think we'll see 20k bitcoin by the end of 2018....yayayaya...etc...etc...etc."
They (myself included) were basically just off by a year or so. No biggie.
What else is left to do here with TA? Daily 9-13 setup is complete and RSI is basically higher then it's ever been (and when I say "is basically higher," I mean with 100% certainty that it is higher then it HAS EVER BEEN).
Sigh...This has basically me.
Announcements
Nothing from me today.
Like always, I would appreciate any feedback, good or bad. So feel free to send me emails (dmitriy@dmitriys.com), tweets, or just stop by Discord and have a chat.
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