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Btsusd

BTS (BitShares) Coin Analysis 26/03/2022Fundamental Analysis: BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries. It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later. The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs. The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next. It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined. As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward. One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen. Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain. As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure. BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network. It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating. In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio. As of January 2021, there were just under 3 billion BTS in circulation. This is equivalent to 83% of the maximum BTS supply — making it highly diluted. BitShares was initially funded by community investments totaling 5,904 BTC, as well as 415,000 Proton Shares (PTN) in 2014. At the time, this was worth around $3.6 million. The full BTS tokenomics are not publicly available. BitShares uses a custom delegated proof-of-stake (DPoS) consensus mechanism to secure its network. This uses a combination of witnesses and decentralized voting processes to produce a more democratic consensus system that avoids the possible negative effects of centralization. This system reduces the need for multiple transaction confirmations, ensuring BitShares transactions can be finalized extremely quickly. Instead, delegates (known as witnesses) are responsible for producing and broadcasting blocks, with numerous safeguards in place to ensure these witnesses act in the best interests of the network. The current CoinMarketCap ranking is #454, with a live market cap of $73,058,255 USD. It has a circulating supply of 2,994,600,000 BTS coins and a max. supply of 3,600,570,502 BTS coins. Sentimental Analysis: There seems to be a huge fall of BTC.D or Bitcoin Dominance coming and the Total Market cap Rise, which can be interpreted as an Altcoin Season initiation, and its confluences with the current Price to Value Ratio of some Crypto Assets, makes a good Sentimental Indication, that the Altcoins are going to pump and gain some Price Appreciations in the upcoming months. Technical Analysis: As this Asset has Fallen to the 90% zone of its All Time High, it seems to be undervalued and worth of investment at this level so we have used Fibonacci Tools to define 3 Up coming targets where the new Cycle will Go through in its formation so we can squire off our Positions and liquidate the holding asset to maximize profits. There exist a Bullish Divergence of Price Action with MACD, which is a very significant sign of Bearish trend reversal and Beginning of the new cycle with the impulsive bullish trends. there are total of 3 Targets defined with the Fibonacci Trend base Extension tools where as the 3TP gets its confirmation as the Price Touch or Crosses the 2 TP followed by some Price correction.
BLong
by BitonGroup
12
BTS is a undervalued! Lets dig deeper with Trend analysis + FibsIn this video we will break down market structure, trend analysis and fib extensions that allow us to peak around the corner and see where this coin can go in terms of price. We will break down this chart using a macro perspective and identify and test significant liquidity levels using fibs and price action confluence. For me this coin is significantly undervalued and has really good fundamentals that compliment its delicious looking charts. We can see this coin has been in a long term and in this video we break down why the recent low of this coin could be a marco higher low in a long term uptrend. Targets for this coin are 1$ 17x from where we are. 3-4$ 64x from where we are. This is strictly for information purposes and not financial advice. Fundamentals copied from Coin market cap. coinmarketcap.com BitShares is a decentralized platform designed to provide a more efficient global payment network and is commonly used for securely trading cryptocurrencies without any intermediaries. It was originally launched in July 2014 under the name ProtoShares (PTS) but was rebranded to BitShares (BTS) less than a year later. The platform is powered by the BitShares (BTS) token, a native utility token that can be used for several purposes, including the creation of smartcoins known as “BitAssets,” which can have a variety of parameters and can represent practically anything — such as reward points, collateralized fiat-pegged tokens and IOUs. The BitShares platform is managed by a decentralized autonomous company (DAC), which allows BTS token holders to decide the future of the platform, and decide which features to add next. It runs on an open-source blockchain implementation known as Graphene, which is reportedly capable of processing up to 100,000 transactions per second (TPS) — making it faster than both MasterCard and VISA combined. As of January 2021, BitShares is in the process of a relaunch, and will be going through several major changes throughout going forward. Who Are the Founders of BitShares? BitShares was co-founded in 2013 by some of the cryptocurrency industry's biggest names, these include: \ Daniel Larimer, an accomplished software engineer and the co-founder of several other prominent blockchain ventures including EOS.IO, Block.one and Steemit. Larimer is an esteemed name in the cryptocurrency space and is widely regarded as one of its leading innovators. Charles Hoskinson, an entrepreneur and mathematician who is one of the original eight co-founders of Ethereum — the second most successful blockchain platform (behind Bitcoin). Today, Hoskinson works as the CEO of Input Output HK (IOHK), the research and development company behind Cardano (ADA). As of January 2021, the BitShares core team consists of 17 permanent workers, supported by more than 60 long-term contributors — covering a range of disciplines including economics and legal, to systems admins and highly skilled developers. What Makes BitShares Unique? One of BitShares’ major distinguishing features is its integrated decentralized cryptocurrency exchange platform (DEX), which allows users to trade regular cryptocurrencies, as well as more traditional financial instruments (via BitAssets) without middlemen. Because of its native DEX and support for synthetic assets (BitAssets), BitShares is often touted as the world’s first DeFi capable blockchain. As we previously touched on, BitShares uses distributed autonomous companies (DACs) to produce a self-governing, self-financing system that allows BTS holders to set the business rules that govern the BitShares ecosystem through a secure proposal and voting procedure. BitShares is also one of the few blockchain platforms to completely do away with addresses. Instead, it uses simple memos to distinguish users, making it one of the more accessible crypto platforms. It is also built around a popular referral program that is used to incentivize the growth of the network by distributing upgrade fees between referrers and the BitShares network. It was the first blockchain to use self-governed delegated proof-of-stake (DPoS) technology and has an ~3-second processing time for transactions, making it one of the fastest blockchains currently operating. In September 2020, the BitShares platform underwent a hard fork, leading to the creation of New BitShares (NBS) — a derivative project that is not affiliated with the original BitShares. As a result of the fork, BTS holders were airdropped NBS tokens at a 1:1 ratio.
POLONIEX:BTSUSDLong
by TrimmerTrading
13
✅BTS 💥+75BitShares (symbol BTS), formerly known as ProtoShares (PTS), is an industrial grade “crypto-equity”, peer to peer distributed ledger and network based on a Delegated Proof of Stake (DPoS) algorithm. It was created in 2014 by visionary Dan Larimer (“Bytemaster”), co-founder of Steemit, EOS and Cryptonomex. BitShares is based on Graphene, an open source C++ blockchain implementation, which acts as a consensus mechanism. Graphene is used by several other projects like Steemit.com (decentralized Reddit, blog platform), and PeerPlays.com (gaming site and token PPY) indicating real-world usage. BitShares competes with banks by issuing collateralizing market-pegged and stable bitAssets (also called smart coins). This means crypto-based assets track real-world market assets like the US dollar denominated “bitAsset” known as bitUSD. This tracks the movements of the dollar by aggregating a variety of data sources that are maintained by the BitShares community. This Smart Coin token always has at least 200% (or more) of its value backed by the BitShares core currency (BTS), to which it can be converted at any time, as collateral in a smart-contract based loan managed by the blockchain. A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed. BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them. High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms. BitShares BTS is considered a legacy coin as it predates most exchanges (and publications) and is responsible for the crypto trading pair concept. It’s also the first delegated Proof of Stake blockchain and uses community-elected delegates for governance.
BLong
by MiguelFTCurado
3
This is the END, hold your breathe and count to ten...Well fellows, as predicted the correction is started. 1. The BTC price broke the uptrend (finally!!) 2. Apparently a head and shoulders pattern is formed 3. Momentum decreased 4. and I think price is shaping a falling wedge! and seriously guys, bitcoin need a really serious correction to be stabilize... market is out of balance. Targets calculated based on Fibonacci levels because i love them, and SL is a strong close above 63700,where btc breaks the shoulder. Farewell.
Short
by navid_nazari
1
🕊️ My simple smart logic is to draw lines in order of investigating them. Your ta and numbers are not defined beyond boundaries of a line especially when you draw the same trend on different charts. My simple smart logic for activity in crypto market is designed for my own expected lifestyle so i start researching and now i see 500X. Low energy is needed, no leverage ... The key for this chart is the yellow trend and now i see it as the last main bearish trend touching 0.00000000 sat :), timing might be a bit wrong but no attention is given to errorists Market is bullish and bullish case on btc is ~65_66( least expected, first leg), we are not touching 30k again, lightweights as luna are generating tops and heavyweights (relying on eth) are bullish, tops will be available :) Every trend carry decision making points or a pattern representative of sentiment, as you might know how i was dealing with xrp you will know better if i say the main movement is bearish from the beginning till some weeks ago, yes i do On xrp i see ath then all time low so tell me what do you think about distribution of a heavyweight as xrp, the main logic is applied on this chart, we have been on a bearish phase on bts for years, i see a massive triangle which had a bearish breakout and that's the potential i tend to observe when i want to start investing, it's long time ago but the sentiment on this chart is potentially so huge. My tp as always is inside a range which is 22_26 k satoshi based on my own investigations applied on this chart. Ok if I'm wrong about my 22k sat then all time low on this technology is not going to return all time high :) let's forget about eth.d & btc.d and other explanation for this historical bull market. now let's try finding a tp on usdt pair Price difference on chart is about 220X, 22k sat is the main tp Btc top on my ta is ~230k, (high accuracy top detection depends on some other real time interrelationship). So it's obvious I'm a moon boy (22k sat * 230k) but i wanna try a more realistic method ... What if btc is going to move 1.5X from that current price till bts is 22k sat as you can measure the previous profit while it was going to moon, 1.5 *220X, the strength of this method is a real time control over the randomness and absolutely it will be more accurate. About entry points and stop .... I say if you don't get to die without being a daytrader then it really doesn't matter to know if it's 100 or 80 or 60 sat will be the dip but on btsusdt i saw a LOW equal to btc gap at ~34, i say it might touch it again but i don't think we will go lower. the cheapest way for maximizing profit is to sell on 22k sat independent from btc price, this is my standard smart take profit, very accurate, very good Sharpen your knife ... Disclaimer: this is not standard TA, this is under development, if there is a moment of silence for a trader i am experiencing it Best wishes for you
B
by UnknownUnicorn10828932
10