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Bitcoin 8 year forecastThe white vertical line is Jan 09. The white horizontal line is my personal estimation for a ceiling in price and adoption. The blue lines are my personal extrapolation of the range using historical peaks and dips. A stabilization between 100 000 and 200 000 $ would put Bitcoin between 2 - 4 trillion $ market cap. This would be relatively small compared to global money supply but still a wonderful achievement. ... and a nice ride :----)) I expect the 2018 bubble to overshoot down to 2 500 $ around falls 2018. An important aspect of this scenario is a significant decrease in volatility, making then Bitcoin a reasonable option for storage of value. With all sorts of arguments, some people predict up to a million $ / Bitcoin, while some others predict it to eventually be worthless. Things often turn out to be a compromise, which is the principle of a "market", and this scenario is my personal vision of this compromise.
BITSTAMP:BTCUSD
by The_black_swan
88
🔗 What is a Blockchain? (simple guide)📍What is blockchain? The blockchain is a distributed ledger that offers transparency decentralization and data integrity. 🔹 Digital Ledger: A Blockchain is a digital ledger which keeps records of all transactions taking place on a peer to peer network. 🔹 Encrypted Information: All information transferred via blockchain is encrypted and every occurrence recorded, meaning once the block is created and added to the chain, it cannot be altered. 🔹 Peer to Peer: Lets you interact or send transactions with a peer, without an intermediary. Removes the middle man. 🔹 Data Sharing: The blockchain can be used for more than the transfer or currency. It can also be used to share contracts, records and any other type of data. 🔹 Decentralization: The blockchain is decentralized, so there isn’t a need for a central, certifying authority. 📍What are the Blockchain Core Components? 🔸 Blocks can be written and read by certain participants and entries are permanent, transparent, and searchable. 🔸 Transactions are recorded in chronological order on a continuously growing database. 🔸 A system of computers, connected via the internet, in which users at any computer can receive or send value to another computer. 🔸 Data is replicated and stored across the system over a peer-to-peer network. 🔸 It facilitates peer-to-peer transfer of value without a central intermediary, e.g. a bank. 🔸 Digital signatures and cryptography are used to secure the transfer. 👤 @AlgoBuddy 📅 Daily Ideas about market update, psychology & indicators ❤️ If you appreciate our work, please like, comment and follow ❤️
Education
by QuantVue
3
The three most worthwhile potential coins to invest in in 2023Today, I will reveal what I think is the best cryptocurrency portfolio in 2023.I think this portfolio will be the best altcoin in 2023. 1.Arweave (AR) Arweave is a Blockchain-based decentralized platform that provides a permanent and tamper-proof data storage solution.It was launched in 2017 by a group of developers led by Sam Williams.The platform aims to solve the problem of data persistence by providing a cost-effective permanent data storage solution that is accessible to everyone. A key feature of Arweave is that it uses a new consensus mechanism called proof of access (PoA).This mechanism is designed to be more energy-efficient than traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, and also allows faster transaction times.The working principle of PoA is to require nodes to prove that they have stored a certain amount of data on the Arweave network in order to participate in the consensus process. Arweave also has a unique economic model designed to motivate data storage on the network.The platform uses a local cryptocurrency called AR to pay for storage.AR is also used to reward nodes that participate in the consensus process, which helps ensure the security and reliability of the network.As of March 2023, AR has a market capitalization of more than 1.5 billion US dollars. A significant use case of Arweave is the creation of a decentralized social media platform.Since the data stored on Arweave is permanent and immutable, it provides a feasible alternative to traditional centralized social media platforms that are vulnerable to censorship and data leakage. In short, Arweave is a blockchain-based platform that provides a cost-effective permanent data storage solution.Its unique consensus mechanism and economic model have helped it gain attention in the blockchain community, and have the potential to revolutionize the way we store and access data in the future. 2.Chainlink (LINK) Chainlink (LINK) is a decentralized oracle network designed to connect smart contracts to real-world data so that they can interact with the outside world in a safe and reliable way.Launched in 2017, Chainlink has quickly become one of the most popular blockchain projects, with a market capitalization of more than US10 billion as of March 2023. The idea behind Chainlink is to solve the trust problem in smart contracts.A smart contract is a self-executing program that runs on the blockchain and is designed to be executed automatically when certain conditions are met.However, these conditions are usually based on data outside the blockchain, such as stock prices or weather data.In order to ensure the accuracy and immutability of this data, smart contracts need to rely on oracles. The oracle is a third-party service that can provide the data required for the execution of smart contracts.However, these oracles can be centralized, which means they are vulnerable to manipulation or attack.Chainlink tries to solve this problem by creating a decentralized oracle network that can provide reliable and secure data for smart contracts. Chainlink works by connecting smart contracts to multiple nodes in its network.These nodes are operated by independent operators, who are motivated to provide accurate data by earning LINK tokens (the native cryptocurrency of the Chainlink network).When a smart contract needs data, it sends requests to multiple nodes in the network.The node then provides its own data, which is aggregated and verified by the Chainlink protocol to ensure accuracy and consistency. One of the key features of Chainlink is its ability to provide data from off-chain sources (such as APIs and Web services).This means that smart contracts can be connected to a wide range of data sources, including traditional financial markets, weather services, and social media platforms. Chainlink is also very popular in the field of decentralized finance (DeFi), it is used to provide reliable and secure price information for various DeFi protocols.This price information is essential to determine the value of various assets and execute transactions in the DeFi ecosystem. In addition to technical features, Chainlink also has a strong and active community of developers and supporters.The project is led by Sergey Nazarov and Steve Ellis, who have a long history in the field of blockchain and smart contracts.Chainlink has also established partnerships with many large companies, including Google, Oracle, and SWIFT, which has helped increase its visibility and adoption. In general, Chainlink is a promising project that aims to solve an important problem in the blockchain field.Its decentralized oracle network has the potential to revolutionize the way smart contracts interact with the outside world, and its growing ecosystem of developers and supporters shows that it will continue to be a major player in the blockchain industry in the coming years. 3.Uniswap(UNI) Uniswap is one of the most popular decentralized exchanges in the cryptocurrency market.Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain, allowing users to trade Ethereum-based tokens without the need for intermediaries or central institutions.It was created by Hayden Adams in November 2018 and has since become one of the most widely used DEX in the cryptocurrency space. The core of Uniswap is the use of an automatic market maker (AMM) system, which means it relies on a set of algorithms to determine the price of a given asset.This is in stark contrast to traditional centralized exchanges, which usually use order books to match buyers and sellers and determine asset prices. The Uniswap agreement has two main components: the liquidity pool and the Uniswap token (UNI).The liquidity pool is a place where users can deposit their tokens to provide liquidity to the exchange. In return, they can get a portion of the transaction fees generated by the platform.On the other hand, Uniswap tokens are used for governance and allow holders to vote on important decisions related to the agreement. As of March 2023, Uniswap has been rated as one of the top decentralized exchanges, and the market capitalization of UNI tokens exceeds US 10 billion, making it one of the top 25 cryptocurrencies by market capitalization. One of the main advantages of using Uniswap is its decentralized nature, which means that it will not be subject to the same risks as centralized exchanges, such as hacking or government intervention.In addition, since Uniswap is built on the Ethereum blockchain, it benefits from the security and reliability of the Ethereum network. Having said that, there are also some risks in using Uniswap.For example, the value of tokens held in the liquidity pool may fluctuate significantly depending on market conditions, which may cause liquidity providers to suffer losses.In addition, since Uniswap is a decentralized platform, there is no central authority to supervise the platform, which means that users need to be careful to avoid fraud. Overall, Uniswap is a powerful and popular decentralized exchange that provides a series of benefits for cryptocurrency traders and investors.However, as with any investment in the cryptocurrency space, it is important to conduct your own research and carefully consider the risks before investing. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
BITSTAMP:BTCUSDEducation
by Short-term-king
11 Industries Blockchain will Rule the WorldBlockchain is the one technology that allows people to create unique, specific products, programmes and services online. Instead of downloading a programme, app or making a transaction on a regulated centralized system like Android or IOS, you’ll use a decentralized system to do everything you currently do with the internet. These ideas on how blockchain will disrupt industries will blow your mind. #1: Voting Blockchain and online voting may one day be the main platform where everyone can take part. Think about it. No more standing in a line, casting votes to a local authority in the hopes that your vote will be counted. Having a decentralised system for voting can result in: • No voter manipulation and fraud • One vote per identity • No external influence • Full transparency • Results within seconds • No foul play Once a vote is added to the ledger, it cannot be tampered with, removed or duplicated. And so having a blockchain-based-online voting platform, where everything is updated, in real time and with full transparency – could soon be a reality for elections… #2: Stock market trading & investing Blockchain could one day take over trading institutions and the financial industry as we know it. There will be no more use for brokers and market makers, as everything will be electronic. Investors and traders will choose the blockchain path to: Take control of their own portfolio 24/7 Extra security and privacy which cannot be accessed by anyone Facilitate trades without any costs, commissions or fees Result in much faster and more efficient transactions Improve liquidity and volume with financial markets Reduce fraud and manipulation Trade 24/7 markets including Forex, stocks, indices and cryptos Speed up deposits and withdraws within seconds Rely less on third parties #3: Social media and internet Imagine a Facebook, Tik Tok, YouTube, Instagram or even Twitter that nobody owns. With blockchain and dApps (Decentralised Apps), they would be completely immune to attempts to manipulate, regulate, spy or even shut them down. #4: Buying assets, goods and services Anything of value that can be tracked, traded and recorded on a blockchain network, will allow transactions in one form or another. In fact, we already have individuals and institutions that are buying, selling and exchanging crypto-currencies (i.e. Bitcoin) for tangible products such as vehicles, property, investments and other assets. An asset can also be intangible such as patents, royalties, intellectual property, copy rights and branding. Also, there are blockchain advantages including: • Lower costs • Less risk and danger • Guaranteed transactions • Accurate evaluations #5: Currencies As you’ve seen, crypto-currencies and forms of exchange – can be created and exchanged simply from the digital ether. The decentralised crypto-currencies will continue to provide a form of exchange for products and services as an alternative to general currencies. #6: Music, books and movies Since the days of Napster, Kazaa and Limewire, entertainment companies have tried everything to prevent piracy from wiping out their revenue. Just a few years later, and a single copy of a song, movie or programme could be distributed around the world within seconds. Blockchain and smart contracts technology could create a decentralised and accurate database of rights of ownership. It could also put an end to piracy and other forms of un-authorised copyrighting. The blockchain transaction will be made in a secure and transparent manner in a way the royalties will be distributed to the owner in a fair and an instant payment process. #7: Banking Blockchain will disrupt the entire banking system. By having a decentralised banking network, we won’t have to worry about a bank crisis ever again. The reasons for a blockchain banking system include: Lower transfer fees Less costs and taxes Instant processing time High security No third party Quick overseas transfers Never go offline or off the system Just so you know, all of your banking transactions take place in a digital online wallet. A wallet is the place (programme) where you can store and make transactions. When you have access to your wallet you get two keys. A private and a public key. The private key is a special digital idea or a code of numbers and letters, given to each user that links to their account. This is the code to access and take control of your account where you can transfer funds out of it. A private key is like having a credit card with your credit card number, expiration date and security code. With this information, you can spend as much funds as you like. That’s why you should never share this private key and never lose your private key. The public key is the code (numbers and letters) that is fully available to the public. A simple analogy of a public key is having someone’s bank account number. Anyone with this number can technically send money into your account. NOTE: The public key is known to the public. If you lose your public key, you can find it again with your private key. Just remember to never lose your private key. So with blockchain banking you can imagine how being able to deposit, withdraw, exchange and transfer money, will make things extremely efficient and secure – Don’t you think? #8: Games The next streamed and online game, may be through a decentralised operation – also known as Crypto-gaming. This will allow gamers, programmers and other entities to improve and build on the game to enhance the experience for all users. By having an source place for gaming there’ll be opportunities to: • Build on continuously and expand the game • Create social network of like-minded gamers • Have more stable, secure and transparent operation • Not have to worry about crashes, manipulation and shutdowns • Offer financial benefits for gamers i.e. customising and selling digital collectibles, art or created virtual worlds. #9: Crowd funding Crowd funding has become the new alternative to traditional venture capital, bank funding and self funding. The issues in the past have been where the banks require an existing business with good revenue, venture capitalists need proof that the business is a success and the costs are exorbitant. Soon there’ll be an era where blockchain will take over all three forms of funding. Blockchain will facilitate crowd funding when it comes to funding for projects, businesses, charities and other causes. The beauty about blockchain crowdfunding is that there’ll be: • Enforced funding terms • Instant money returns if the criteria is not met • Lower transaction costs • No middleman • Decentralised platform • Automatic actions according to the criteria stated • Better funding for ICOs (Initial Coin Offerings) And once the terms or funding is met and the transaction is a success – the money will be automatically distributed to the cause without any human error. #10: Health care Blockchain technology will one day be able to keep personal medical file information private and safer that with a central authority. You’ll finally be able to access your medical information with a click of a button and distribute it only to those you trust. With blockchain, healthcare will benefit in ways that you’ll be able to access: • Medical information which can’t be tempered, hacked or removed • Pharmaceutical companies will have a record of past, present and future prescription medicines to collect and deliver to • A list of personal health records of diagnoses, illnesses and private health information • Revolutionise insurance claims and reduce fraud and adjust quotes for members according to their current health situation #11: Supply chain management Blockchain technology will stream line the supply chain for businesses and drop shipping. Every step from requesting a transaction to having a product or service delivered to the customer can be traced, recorded and monitored. The most important element for supply chain management with blockchain is the transparency and validation that occurs between the transactions performed and shared between the suppliers. This includes transactions made through: • Importing & exporting • Shipment • Trade • Drop shipping • Commercial industries • Farming & supplying food Blockchain can replace the traditional supply methods for centralised authorities. The future lies with Blockchain technology I hope I have shared just a little bit of light and stretched your mind ever so slightly on what the future may bring. There is an evolution of the people wanting to take control, improve transparency, cut out the middleman and streamline the process in ways of greater efficiency. One day – this will be our new normal. Trade well, live free. Timon MATI Trader (Financial trader since 2003). If you enjoyed this article let me know, so I can write more around it...
Education
by Timonrosso
How Blockchain Works in 6 StepsThe future of apps, programmes, trading, investing and businesses all lie in one underlying technology – Blockchain. You’ve probably heard about it when it comes to crypto-currencies. But it extends so far beyond them. In this section, you’ll think of it in a whole new level where you’ll be able to: • Understand blockchain in a nutshell • Understand the power and possibilities it will bring to the world • See the trading and investment opportunities to come Let’s get to it… What blockchain is in a nutshell… In short, a blockchain is one continuous digital ledger of records and transactions which are organised, verified, and positioned next to each other in ‘blocks’ linking a permanent and transparent chain of other ‘blocks’. Here’s a short illustration on how a Blockchain works… The important concept with blockchain is that, the chain “ledger” of transactions are neither stored in a central location nor is managed or run by a single entity. We say the blockchain is decentralised, secure and the transactions are added permanently in a transparent and resilient manner using cryptography (special codes). The parties between the transaction will also remain anonymous while enjoying the security, transparency, speed and cost efficiency. This will have major advantages over centralised systems in a way that: • The transactions will be easy to track • There’ll be less manipulation and corruption • There’s more transparency • There’ll be less costs and less middlemen. NOTE: To alter one block, you’ll need to change every block throughout the network (which is virtually impossible). And as the historical blocks information stays the same – you’ll be able to forever track the old transactions with the given public information. I’m talking about these main sets of information each ‘block’ has. 1. The data of the new block (code or digital fingerprint) 2. The hash of the previous block (code – letters & numbers) 3. A time stamp 4. Transaction data Once you understand the process and how secure a blockchain is, you’ll see how it will not only disrupt industries but it will also change the global and financial economy as we know it. Trade well, live free. Timon MATI Trader (Financial trader since 2003). Feel free to follow my socials for more real-time posts!
Education
by Timonrosso
1
Fetch.ai (FET) Update 13/04/21: 88% Gain to New ATHFetch.ai (FET) Update 13/04/21: 88% Gain to New ATH at the 161.80% Fibonacci level @ $1.125 Fetch.ai is currently sitting just above Buy Zone 2. The current Stochastics showing an extremely oversold market, we expect Fetch to test the previous ATH @ $0.88 and further $0.92 at the 127.20% Fibs before testing our April target which is a 88% Gain to New ATH at the 161.80% Fibonacci level @ $1.125. Since reaching a new ATH on the 31st March @ $0.88, we have temporarily lost momentum in the current push phase, retracing down 37% to $0.54. A double bottom formed on the 7th and 13th April, both being met with huge rejection from this key support which signifies that they are still Bulls in the market currently poised to start pushing the price back to ATH levels. 1 of 2 scenarios could play out from the current price level; Scenario 1: If we break the structure support where the double bottom formed, breaking below $0.54 and the 61.80% Fibonacci level would signify bearish sentiment in the short-term. Scenario 2: Which is the more probable scenario from here; we would see a similar jump in price from this previous key level as seen before with a 56% gain from 21/03/21 to 28/03/21. Note this move to the 161.8% Fibonacci level may not be a straightforward move back up but may happen in 2 to 3 different push phases. Use Buy Zone/ DCA Zone to map out your Buys. Happy Trading :) $FET #Hodl Update 30/03/21 Fetch.ai (FET) 21% Gaint to New ATH accumulate more coins from DCA zone. Happy Trading :). FET has been in this beautiful continuation pattern, See previous analysis below. Update from 20/03/21 Fetch AI (FET) very strong bullish continuation pattern 56% Gain from Buy Zone 1 to the 127.20% Fibonacci level Fetch AI (FET) in very strong bullish continuation pattern NEW ATH at the 127.20% Fib level @ $0.91. Fetch has been in a bullish continuation pattern since 01 /03/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on the swing call script. Fetch reached a new ATH @ $0.76 14 days after the buy signal triggered. From this bullish momentum from the 1st March to 14th March FET has shown little to no selling pressure retracing on every bullish move up down to the 78.60% Fibonacci level showing us weak retracements as traders take profit, but we are still in a very bullish sentiment and the Bulls are very much still in control. Since the 13EMA crossed up signalling a buy signal FET has failed to test the 50SMA until 18days after the start of this move towards the ATH @ $0.76 (18/03/21) where we saw a big wick rejection on the Daily chart showing strong upward pressure in the market from this key resistance level . Use Buy Zone 1 to map out your buys, we expect a bounce from this level back towards the ATH and further 127.20% Fibonacci level @ $0.91 with a potential 56% Gain from this level. With the release of Fetch AI's mainnet 2, we expect the bullish continuation pattern to continue as new partnerships will be announced shortly after the release of the new mainnet on the 31st March 2021. Happy Trading $FET #LongFet Key Notes on Fetch AI: Fetch.AI (FET) is a combination of Blockchain and artificial intelligence (AI), an ambitious project aimed at creating a fully automated economy based on autonomous “authorized agents.” Artificial intelligence and online agents will be used to perform various tasks that can simply be done by booking a hotel. Or more complex tasks such as weather modelling or supply chain design effectively. Benefits: Through its 3-layer structure, Fetch.ai proved superior to other protocols with the following advantages: The elements (people, hardware, services, …) inside Fetch.ai can operate separately and in parallel with each other but can be quickly connected. Fetch.ai simplifies the deployment of algorithms, IoT and complex systems. By using the AI ​​/ ML architecture, it allows software devices and agents to find each other, learn from each other and exchange value with each other, enhance and optimize solutions for Daily problems through intelligent connectivity, ML and AI. Applicable in many fields, from transportation to tourism , even heavy industries (like steelmaking) can use the Fetch.ai protocol to improve performance and productivity. As a platform that combines technologies that are considered to be the “future”: blockchain, Machine Learning (ML), artificial intelligence (AI).
BINANCE:FETUSDLong
by CryptocurrencyMagnet
Why $BRQS Skyrocketed in 2021Why $BRQS Skyrocketed in 2021 There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media. $BRQS shares were buoyed — thanks to discussions and speculation on Twitter and Twitter hashtags at the start of the month.. Chinese 5G/Ev/blockchain Just before Christmas last year, the company announced that it would be reducing its debt by $18 million and eliminating institutional loans. Also in December 2020, the company signed an agreement to build a 5G industrial park in China. The other positive factor for the $BRQS is the surging price of bitcoin-blockchain technology. investorplace.com twitter.com
B
by AlenCiken
Blockchain Tech Long-Term PlayFirst post so bear with me. Long Strategy on Blockchain technology itself for the passive investor, not crypto, even though crypto aspects are involved within blockchain technology itself. Based on the BLOK & BLCN ETF's that encompass major companies that utilize blockchain technology. Never seen a negative growth (at EOY) since either ETF's origination. Patterns indicate upward potential at a rapid pace and potential long-term gains. Price targets for each ETF within the range of $50-65 by EOM.
AMEX:BLOKLong
by UnknownUnicorn6798502
FTFT Applied Blockchain Technology Related Software CopyrightsFuture FinTech Applied Blockchain Technology Related Software Copyrights with China Copyright Protection Center FTFT , a leading blockchain based e-commerce company and a financial technology service provider, announced today that on December 31, 2020, China Copyright Protection Center ("CCPC") has accepted the Company's application for ten software copyrights relating to blockchain technology applications, which the Company first submitted for CCPC's review in June 2020. The Company has been developing and improving an anti-counterfeiting and tracing system by using the blockchain technology for its blockchain based e-commerce platform Chain Cloud Mall (CCM). With the research, development and improvement of software used in the anti-counterfeiting and tracing system with the blockchain technology, the Company has developed ten software with blockchain technology that is apply for copyrights. finance.yahoo.com
NASDAQ:FTFT
by AlenCiken
3
Massive Inverse Head & Shoulders.It appears as though Overstock has formed a nice rounding bottom, which is now turning into a Cup & Handle potentially.. There's a few bullish indicators & even more so there's Macro events taking place with blockchain in China that are likely going to take this stock to new All Time Highs. tZERO said Hong Kong-based private equity firm GoldenSand Capital (formerly known as GSR Capital) has bought a 5 Million stake in the company. I wouldn't be surprised If Chinese investors are supporting this stock heavily now, especially since China is rolling out their new digital currency. McDonald’s and Starbucks are reportedly part of China’s digital currency trial. China has rolled out a digital currency trial in Xiong’an, an area southwest of Beijing in the Hebei province, according to state-backed media reports. McDonald’s, Starbucks, and Subway are the only three American firms among 19 companies participating in the trial. The People’s Bank of China (PBOC) has been working on a digital yuan for the past few years but has made clear that it has not yet officially launched. McDonald’s and Starbucks are among a handful of companies taking part in a new pilot program for China’s upcoming digital yuan, according to state-backed media, as the world’s second-largest economy pushes forward with its plans for an electronic currency. This is the main reason why China propaganda has become dangerously provocative in America. China is rolling out a cryptocurrency, a lot of the details have not been divulged. I can tell you the cryptocurrency China’s rolling out will likely be backed by gold. China’s got 20,000 tonnes of gold or more, add the fact they are dumping U.S debt & treasuries at an alarming rate, it's plausible they'll bring back a gold standard for the new century.
O
by ScotianBot
2
tripple squeeze/breakout incomingprice may move way beyond 'resistance levels' due to extremely unique and unusual setup. we rarely have golden crosses in Bitcoin, last one was at the beginning of the big multi year bull market in 2015. the triangle is -- should we hold it today -- textbook. it alone would have moved price to 6k after a breakout. Bollinger squeeze is very clean. should price stay flat until 23rd, the tightening would be massive. I do not believe 6k and then 'retest 3.5k' is in the cards. the setup is too perfect. Fundamentally, bitcoin now and Bitcoin in 2015 is an utterly different story. Bitcoin has survived a multitude of insidious and direct attacks, extended its reach monumentally and convinced a few countries to do aggressive crypto currency adoption (Belarus, for example) Japan works with blockstream to do a Yen stablecoin on Liquid sidechain. This was published yesterday and is very very good news, but since 99% of the bitcoin media is either Ripple owned or Bcash owned, you won't read much about it. Blockstream is also the only company in bitcoin space I trust. at all. the only company made by bitcoin OGs. the very same company that has an actual Bitcoin Satellite in space -- which you probably also never heard of, thx to the controlled crypto press. You can download the blockchain and send transactions without internet access thanks to their Satellite. (side note: there is no such thing as "blockchain technology". It's like someone inventing a fridge, and scam marketers talk about 'open&close door technology'. yes, every fridge has a door of sorts. but the point isn't that you can open and close it. the point is that it keeps stuff cool. bitcoin is about an IMMUTABLE and DECENTRALIZED ledger (which it calls a blockchain). immutable = can not be rewritten -- and decentralized as in no central authority can dictate anything regarding transactions outside the math in the system. yet EVERY SINGLE instance of "blockchain technology" is by a company. a centralized authority with an interest in squeezing customers and wage silly wars against competitions because the CEO income rests on that. a centralized blockchain is nothing but a slow database of old in some bunker of some corporation or bank. these blockchains aren't immutable at all. they're controlled (often blatantly called "permissioned", a technical term for censored). they can be rewritten. even transactions far in the past can (and will be, should the financial interest be great enough) be undone. why would ANYONE put money long term into an asset that has the power to simply undo an investment retroactively? these things happened already with Ripple a few years ago. they froze the wallet of an ex-employee -- millions of dollars worth. now they promise they won't do it again, but why trust persons or corporations on a power trip? the whole point of Bitcoin was to stop ANYONE but math itself to control the system, by being immutable, permissionless and decentralized. the very three things that "blockchain technology" has done away with under the banner of 'improvement'. what happened here is that people who do not understand what made bitcoin go from 2 cents to 20k come along and sell you a bag of goods that contains scammy, insecure and hazardous counterfeits of the real thing. don't let anyone tell you bitcoin is slow or old tech. it is the most bleeding edge thing out there, with the best devs in programming space. it just isn't a company and cannot spent millions on marketing. Very few projects in the crypto space are technically and morally sound and fill a niche that bitcoin actually can not fill and may never be able to: Monero is the only one I can recommend.
BITSTAMP:BTCUSDLong
by cryptostuffdude
1
BTC final bull trapMy August-September-October forecast played out rather good, and nothing as changed since then, in terms of fundamentals. In terms of technicals, the violent Tether-related action on Bitfinex might just give a little bullishness for the next few days, but nothing more in my opinion. The fundamentals will pick up eventually, THIS MARKET NEEDS A FLUSH. I sum up my fundamental perspective again: 1. there still exists zero useful Dapp or platform used mainstream and making millions of revenues, except exchanges. 2. the SEC is rejecting all ETFs, and they might never accept any. Because cryptos' functioning and spirit is rather antithetical to controlled institutional markets. 3. the total altcoin market cap is still up 150X since Jan 2016. Altcoin prices can go much lower. 4. A little sum up of how I see the market cycle developing: 2016-17-18: the world discovers cryptos and how they MIGHT be a revolution: incredible bull run. Total altcoins market cap 1000X (Nov 2015 to Jan 2018). --- You simply need to be a project "with potential" to make 100X. 2018-19-20: the world realizes the deep issues that cryptos and tokens have to deal with (technical issues, scams, no revenues): strong bear market. --- You simply need to not be among the best projects (you get the idea) to see your price divided by 100. Total altcoins market cap divided by 10-50. 2020-21-22: companies using distributed blockchain tech of some sort, or ecosystems using tokens, start to show revenues and be more efficient than traditional companies. --- You simply need to be a legit company with proved clients and revenue growth to make 100X. However, tech is evolving so fast, that nobody knows what will emerge and dominate in the next 2-5 years. Maybe these companies, ecosystems, and the next crypto bull run will never happen, you always have to stay aware of this. With that said, I do have 20% of my capital in 2-3 tokens that I really like (very small market caps), because we never know. And I keep putting a little more, every time the price goes down. On the technical point of view: 1. large descending triangle 2. volume keeps going down on the exchanges and on the various blockchains So this forecast is similar to the last one, fading price, and break out downward, but who knows when this will be triggered... In terms of trading: I'm almost always shorting ETH to hedge the ERC20 tokens that I hold, and simply because I am bearish mid-term. If we have a little alt season, then my shorts on ETH will be in the red obviously, but the alts that I hold outperform so much ETH when they rally that I would totally be winning overall. If we break the daily 200MA (7200) and the lower high of Sept (7300), then it's another story. What an exciting time!
COINBASE:BTCUSDShort
by The_black_swan
24
$ETC One of the Lowest Volatility in 2018 Agains BTC MarketIf you are an intra-day trader or shorter time frame than mid-term (around 1-3 months), ETC is not yours to trade. ETC proved itself as the lowest volatility in price against BTC. Which in average give return 25-40% between the top and bottom through 2018. ETC is a fork of Ethereum which promising about more stability bla-bla in blockchain network. It's glory day was March 2017 and totally ended in November the same year. Right now if you're looking to hedge your Bitcoin, ETC probably your second option except Bitcoin itself. For short-term time frame, looking for RSI level to get downward and touching my surface of latest-support-level green box. I really can't count on MACD as it shows a really flat movement right now. But my Ichimoku cloud indicator looks bearish AF.
Short
by blockchaindedi
8
$NANO Bearish IdeaAfter a terrific dead cat bounce NANO finally facing the retracement, it already did. and the it bounce again but with weak power and making wick on price actions which means the power of that direction slowly faded. It is supported by RSI level which shows us a bearish div. Nothing more to say, looking forward for the second short-term retracement before at the end of the month. 1. -22.42% from the current level 2. -22.56% from the current level 3. -40.11% from the current level Trade safe.
NShort
by blockchaindedi
12
Is $NEO already find it's floor yet. What is next target?Ranked #14 on coinmarketcap, NEO is one of the promising blockhain project which tend to be called " A China version of Ethereum". Do you agree with that? NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others. In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the technical part, you don't want to hold a good project with a bearish sentiment right? Based on trend line we drew, it's still a quite bearish, along with majority project in cryptosphere. One thing that caught our eyes is that the chart quite bottoming and stable for 42 days including today. Plus it was touching our latest green box support around 0.00195 and 0.0024. The bottom is in? Looking from the previous price action, we think so. RSI level bounce from 41 level as a support and ran north which a quite good sentiment and move towards the red cloud and our trend line as a sign a trend reversal.
Long
by banned
$BTC Hedge fund titan Mike Novogratz talks about Bitcoin on CNBCMike Novogratz who is well known ex-hedge fund manager appeared on CNBC in a episode of Fast Money with Melissa Lee, Guy AdamiTim Seymour, and Steve Grasso. Novograts discussed how much progress has taken place in the bitcoin community despite the price decline in bitcoin this year. There have been many companies entering the space, building technology to ease the use of bitcoin to financial institutions and the community which are major contributions to the bitcoin network itself. Novograts is heavily invested and active in the bitcoin comunity as well. Novogratz launched his crypto merchant bank Galaxy Digital in November, right before bitcoin hit its all time high near $20,000. During that time many other companies started looking at bitcoin as a possible global currency, an alternative to the current fiat currency we use today. During the past year, bitcoin has shown early signs of a mainstream adoption for the future with numerous companies already starting to accept bitcoin. Etsy started accepting bitcoin on certain items by giving an option to sellers to accept bitcoin in their store. Etsy is a shopping website which sells handmade, vintage and unique items. Bitplaza also accepts bitcoin as payment for consumer goods. Bitplaza is a mobile app which lets users spend bitcoin everyday items. Bitcoin is becoming easier to use and spend as more companies enter the bitcoin space for payment solutions. Watch the video here CNBC - Mike Novogratz
BITFINEX:BTCUSDLong
by Bitplaza
2
A Nice floor made on $ICX, is it the bottom?We love to see this chart. Looks like ICON just finish it's first price action wave. Which is we think that the bottom is in. Why? 1. Price is back to the level where it was started on the first day it listed on Binance. Under 10k sats is really a bargain. 2. The price action getting closer with the ichimoku cloud, which mean it's getting closer the reversal. it isn't valid yet, but can use this as additional opinion. 3. Another indicator which as you see that ParLE and ParSE again says that will be a good entry right there. but RSI level is showing a bear sign which we're not really happy. above all R:R ration on this chart is quite great, supported by fundamental reason we think ICON is one of the coin we should play in in few weeks ahead.
Long
by banned
10
Will btc be like 2014?If btc repeats itself like in 2014 the bottom should be 3000/3500$ just based on a pure comparison with it. For now seems like it could complete the right shoulder, but if we look at the past the IH&S pattern almost never played out. I see two scenarios right now. 1) this IHS will play out, after all seems like most ppl expect it won't (based on the past) which is the reason we could already make the last trap towards 7.4-7.7k next week or so. 2) we break 5.7k then we'll go to 4.5k-5k before going to 7k+ until we clearly break 5.7k I still see good chance to make this trap around 7.4-7.7k in about 7/10 days before going down to 4.5-5k
COINBASE:BTCUSD
by UnknownUnicorn3062184
ELF DOUBLE TRIAGLEAs you can see, the pattern fails for a short period of time. It breaks the strong support level, which triggered bots to sell and traders to panic sell. But, we found a fire support level on the larger symmetrical triangle, which made us smash through the smaller descending triangle with only 3 minor red candles while passing through. The funny thing is that we find a strong resistance once again on the larger symmetrical triangle. These patterns combined, signal a bullish run with some bounces. BULLISH ETA: MAY 12th 12:00 SMALL RIDES: Possible the next hours all the way up to the bullish run, if you go to 5-30 min range, you will find some nice patterns for a short term ride. Let's see what happens! **Chart looks best with 30 min candles**
ELong
by TradeDemon