Australian (ASX) Stock Market Forum

Recent content by Dark1975

  1. Dark1975

    Blockchains, cryptocurrencies and the future...

    Btc looks to have crack through the 50ema and looks strong , its btc dominance is 44.8% As btc dominance will ease the alts will run..rinse / repeat With the low interest rates / inflation issues, and hedging on crypto to have a bumper q4 period , likely to have a crash at the end. But time to...
  2. Dark1975

    The Top of the market is Looming?

    Well the attachment speaks a thousand words ? liquid squeeze? Not looking good ?
  3. Dark1975

    Bitcoin and cryptocurrency trading thread

    bearish convergence formed on the 24hr time frame for btc.. thought not divergence .See attachment. though great volatility for swing trading 8% swing trade in 2hr time frame .see attachment on one of my trades. this isn't financial advice .pls DYOR
  4. Dark1975

    The Top of the market is Looming?

    So took a while for confirmation on the 24hr time frame, Though now i haven confirmation the bearish divergence has been noted from the RSI and the strong break down and close below the 50 day ma, From my perspective seeing large volume i can only assume that the institution has waited to move...
  5. Dark1975

    Bitcoin and cryptocurrency trading thread

    Indeed, But actually a ledger, I think there are many coins in crypto that won't add up to much, But in terms of some coins like ripple =xrp , Is the technology that will be used for currency transfers that takes minutes for settlement, Cuts the middle brokers out , Fees are less then 1 cent for...
  6. Dark1975

    Bitcoin and cryptocurrency trading thread

    Actually you are well mis informed unfortunately. I recommend to dyor. But block chain technologies is taught at all universities including M.i.t. And yes there is some ponzi coins , but you need to DYOR on any investments. To say all these coins are worthless shows me the lack or misguided...
  7. Dark1975

    Tax on Trust or Minor stock trading account?

    Yes that's correct . My first post stated tho to put kids as a beneficiary after they turn 18, And did mention he should speak to his accountant ?
  8. Dark1975

    Tax on Trust or Minor stock trading account?

    You will need to speak to your accountant first about creating the trust ! Once the accountant has created the trust he will generate through Asic/A.t.o the T.F.N , Though more important to discuss the best way to structure the trust , As you can disburse profits to the beneficiary or...
  9. Dark1975

    Tax on Trust or Minor stock trading account?

    I didn't see it mentioned though you can create a trust in any name and put yourself and wife or who ever as the trustee and beneficiaries to the account. Once your kids reach over the age of 18 yrs old you can list them as beneficiaries or modify the trust ( hence you get the term - trust fund...
  10. Dark1975

    Bitcoin price discussion and analysis

    Yes tesla ran well with the Nasdaq yesterday , Though since Feb highs a downtrend , And I'd say there not the only ones shorting tesla?
  11. Dark1975

    Bitcoin price discussion and analysis

    You think his reddit followers are still listening to him after they got crushed by his tweets? Or do you think he commands still that much favour with the people ! I think not , I have a reddit account and ppl are trying to campaign boycott telsa for e.g plus i see the wall street beats are...
  12. Dark1975

    Bitcoin and Elon Musk

    Yes some tweets and noise ,Media is timed and agreed ellon did have some influence, Though you will find his tweets become less heard as time goes on, As his Brainless reddit followers have left him since they were crushed on the 19th. Though is Wyckoff pattern still in play
  13. Dark1975

    Bitcoin price discussion and analysis

    And can i ask what makes you think we in a bull rally still? Cause i was still bullish till the 19th of may until the 200ema was broken, If it breaks the daily time frame i can understand the sediment but breaking the 200emA concludes bull run is over in the short term, And i only see a...
  14. Dark1975

    Bitcoin price discussion and analysis

    I don't see that playing out now, i see another sharp leg down, Its distribution stage, Exactly playing out to the wave count, I'm expecting another leg down possibly lower than 41k , and I seen a retesting Which I hope so , so i can swing trade it all again . This aint any finacial advice...
  15. Dark1975

    General cryptocurrency market discussion

    yeah I don't know about the politics... All i know blockchain is far superior technology , That is far greater security , harder to hack , Faster , decentralised , everything is seen by all users , just faster and better technology. Pretty much of all the brains in developing software are now...
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