Author: Traderman

Australian Political Party Aims to Reinvent Democracy with Blockchain Tech

A new Australian political party called Flux, is attempting to reinvent the democratic process with a voting system based on blockchain technology. “Flux, as a party, is a layer for the redistribution of political power.“ The men behind Flux, Max Kaye and Nathan Spataro, view the current voting system in Australia as an antiquated monster that does not serve the needs of the general public. In an interview with Reuters, …
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MAIDSafe Technical Analysis for 02/17/2016 – Important Pivot Levels

MAIDsafe started to rally quite vigorously on the 14th of February, and a high of 0.000177 was printed on the 16th. Since putting in that high, the market has retraced back down to where the rally initially began, and some clear pivot zones have emerged, particularly on the 30-minute chart. The 0.000125 level has become an important level from a technical perspective; acting as resistance on three occasions since the …
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Ripple Technical Analysis for 02/17/2016 – Major Pivot Zone Breaks

The Ripple digital token has been in a furious trend since the end of January, however, in the past few days, price has broken down through some very important technical areas. For starters, the 0.00002 pivot zone – which has supported price on seven occasions this month – was broken today today on very heavy volume. The market retraced after the break, and 0.00002 turned into resistance. So, 0.00002 is …
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Factom Technical Analysis for 02/17/2016 – Price is Stuck Between Pivot Zones

As I pointed out in my last Factom technical analysis article – the 0.0025 area is of great technical significance. This level has supported the market a total of six times since the beginning of February. Price is currently trading right above this level, so the next few days will be very telling about the future direction of Factom. The 0.0028 price level has also established itself as a key …
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