Crypto Talent

Statistical Trader said:
Could you please clarify what you mean by "the dollar was rejected"? Rejected by whom?
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Sure, are you familiar with trading or reading charts? Rejected is a term that traders use to describe what happens when met with strong resistance. Like when there is an imaginary line that is hard to break through and the trend goes up to it and then plunges back down, we can say that it got "Rejected" by the line.

There are plenty of trading terms available on Google too if you look them up
 
Trader Curt said:
Sure, are you familiar with trading or reading charts? Rejected is a term that traders use to describe what happens when met with strong resistance. Like when there is an imaginary line that is hard to break through and the trend goes up to it and then plunges back down, we can say that it got "Rejected" by the line.

There are plenty of trading terms available on Google too if you look them up
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Thanks.

"Rejected" is a broad term that can be used to mean all sorts of things. I'm familiar with trading and reading charts and have been trading since the mid-1990s. If you said, "hit resistance" I would have immediately known what you meant. If I knew you were using "rejected" as trading terminology I would have googled it in that context. I don't recall that word being used that way in the books I read in the '90s. I'm not saying you're wrong, just that I didn't know.
 
Statistical Trader said:
Thanks.

"Rejected" is a broad term that can be used to mean all sorts of things. I'm familiar with trading and reading charts and have been trading since the mid-1990s. If you said, "hit resistance" I would have immediately known what you meant. If I knew you meant "rejected" in the context of trading terminology I would have googled it.
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My bad, I didn't realize that some people on this board wouldn't know what rejected meant. I just assumed since it was a trading forum most would be familiar with the terminology used.
 
angrytrader said:
Blockchain has gotten way more credit than it should because of Bitcoin, it is a good start but it is not even half way of what a distributed ledger should be. Looking at the replies to this thread this article might fly over your head:

https://101blockchains.com/disadvantages-of-blockchain/

I know this is not aligned to your cryptoboys' narrative but if you guys are looking for 'talent' a bit of knowledge won't hurt anyone.
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Great read. Something, based on it -
https://www.elitetrader.com/et/threads/the-possibility-of-any-crypto-being-manipulated.366795/
 
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