#Bitcoin & #Altcoin Trading Talk 32

## Bitcoin & Altcoin Trading Talk 32: Episode Summary

This episode of Bitcoin & Altcoin Trading Talk (Episode 32) dives deep into technical analysis and emerging cryptocurrency projects, while also addressing potential market-moving events and security concerns. Hosted by William Kale of CoinedG.com, the discussion features Brian Beamish ("The Rational Investor") and Alex Sturk ("decontrol," formerly of "The Central"). Rob Borden, a regular co-host, was absent this time. The podcast emphasizes a technical analysis-driven approach, complementing Alex's "Block Talk" YouTube channel, which he promotes as a resource for viewers. The team also highlighted ongoing development at CoinedG.com, including a new chart scanner tool designed to provide indicator-based alerts across multiple exchanges, which William described as "going to be awesome."

The conversation shifted to specific cryptocurrency projects, starting with a spotlight on Braco Coin, an ICO project utilizing unique collectible "deck" coins that have already seen some trade for $1200. However, a significant portion of the discussion centered on WAVES and NXT, with the host expressing concerns about WAVES, deeming it a derivative of NXT with superior marketing. A core theory posits a shared developer between the two projects, potentially diverting profits from NXT into WAVES, leading to speculation of "shenanigans" and insider activity. The host advised against purchasing NXT at current prices, suggesting WAVES might present a better opportunity around $25,000, advocating for a "little lady" trading style of calculated risk. Finally, the episode touched on the potential approval of a new Winklevoss Bitcoin ETF, which Brian believes will be a more professionally structured offering than existing options like GBTC, potentially broadening Bitcoin's accessibility and leading to the introduction of Bitcoin options. He also voiced concerns about potential market manipulation and a brief, alarming mention of a possible security breach during the recording.

1. Main Topics Discussed:

• CoinedG.com Development: Chart scanner tool and backend code upgrades.
• ICO Spotlight: Braco Coin and its collectible "deck" coins.
• WAVES vs. NXT Analysis: Potential connection between the projects, concerns about WAVES, and trading strategies.
• Technical Analysis (TA): Analysis of WAVES, NXT, and Bitcoin price charts, including a "Reload Zone" for NXT.
• Winklevoss Bitcoin ETF: Prospectus release, potential impact on Bitcoin adoption, and comparison to GBTC.
• Market Manipulation: Concerns regarding potential manipulation, drawing parallels to past incidents.
• Security Concerns: Brief mention of a possible security breach during the recording.
• Block Talk Promotion: Alex promoted his YouTube channel.

2. Key Quotes:

• William: "We focus more on kind of technical analysis and that kind of stuff."
• Host (regarding WAVES): "WAVES could be bad."
• Brian: "This is gold. Take this to the bank." (referring to technical analysis)
• Brian: "This is w..." (cut off due to technical difficulties)

3. People Mentioned:

• William Kale (CoinedG.com, Host)
• Rob Borden (CoinedG.com)
• Brian Beamish ("The Rational Investor")
• Alex Sturk ("decontrol," formerly of "The Central")
• Mike (Podcast Participant)
• Ryan (Related to NXT discussion)
• Someone involved with Braco Coin

4. Bitcoin Price (if mentioned):

• No specific Bitcoin price was mentioned. However, Braco Coin collectible cards have traded for $1200.

Disclaimer: This summary is based on the provided partial transcripts and may not fully represent all aspects of the discussion. Technical difficulties significantly impacted the clarity of some segments.