Blockstack (STX) vs BTC

5 Nov 2019

Here's a project that's so new I can't even show you a 1-day chart. Read all about here: blockstack.org/

There's two reasons I'm interested:

1) The project's focused on decentralising the web, i.e. unstoppable websites, no government can block information as the internet was first intended. It is an opportunity to get into a project at a ridiculously early phase that has relevance for every user of the internet.

2) We're at the end of a bear market with a new project. Ethereum did something very similar when first launched to the masses, trading at the end of a bear market. What I'm looking out for is:

> Majority of trading volume is through Binance - yes
> Not a copy of any other Blockchain - yes
> Not more than 4 months old - yes
> High use case - yes

Blockstack ticks all of the above boxes. That's worth a punt in my book.

On this 4-hr chart we've now have support on the upper Bollinger Band with re-tracement fast approaching .78 Fibonacci level.

24 Nov 2019

Nota

At last a one day chart, with RSI indicating oversold conditions and Stochastic RSI now showing momentum to the upside.

28 Feb 2023

Nota

Terminator says... Get out.