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Doge-btc

Come give your two pennies worth!!!After a long time in the trading world and now in the technology venture capital & alternative investment space. I wanted to write a piece on the crypto/blockchain space as a whole. What a lot of people fail to realize is the technology underpinning the sector, what that means, how it’s connected and why it’s not just looking at pump discord servers, buying on news and actually just buying in a straight line. The whole sector is new, the people jumping into crypto is astonishing – but the lack of understanding is quite Frankly; SHOCKING. In the beginning, there was Bitcoin, this has become the default crypto of choice – King of crypto as we know it so far! This is largely due to the lack of understanding and is deemed predominantly as the safe investment. Venture Funds, PE firms, banks all see an investment into crypto as a tick box (mostly) do we cover this asset class? "Yes, we do" is the kind of logic for many of the old money firms, without having to delve too deep. Grayscale really shook things up with the crypto funds they structured. Grayscale - www.fool.com As the world evolves, and the crypto market grows and establishes its foundation in global markets in various ways we can see the technology evolving. Enter other currencies, Ethereum (ETH), Ripple (XRP) and many more. What’s the difference? Current view of the total crypto market cap chart Blockchain Taking a slightly deeper dive into the tech itself; you have several protocols that differentiate the technologies, the capabilities, and even the scalability. Bitcoin The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol. Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin cryptocurrency wallet software. But isn’t all crypto designed to do this? Well yes & no. Bitcoin uses a protocol called proof of work. (Understanding the protocol in this detailed way is hard work.) To understand the technology itself, you need to be comfortable with public-key cryptography, and with the closely related idea of digital signatures. I’ll also assume you’re familiar with cryptographic hashing. Proof of work – Proof of work (PoW) is a form of cryptographic zero-knowledge proof in which one party (the prover) proves to others (the verifiers) that a certain amount of computational effort has been expended for some purpose. Verifiers can subsequently confirm this expenditure with minimal effort on their part. Then you have other crypto's using the Proof of Stake protocol. Such as; DASH & Ethereum. Proof of stake – The Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins they hold. This means that the more coins owned by a miner, the more mining power they have. You then have yet another protocol called - Proof of Authority; Proof of Authority (POA) is a consensus method in which a number of blockchain actors within the ecosystem are given the power to validate transactions and ultimately decide whether new blocks will be added to the blockchain or not. In the case of Proof of Authority, it is not suitable for public blockchains as there is essentially a monopoly with a few actors who may confirm transactions. Altcoins The main altcoins are Ethereum and XRP (Ripple). Now the issue with many altcoins is that not many have a use case or a real-world problem to solve. Ethereum provided a type of Lego set ability for developers to create projects. Thus making it the Linux of the crypto space. This means Bitcoin is the Apple – nothing new or exciting but packaged well and designed for the cool kids who only need a browser and some bragging rights “I own the latest iphone”. Ripple has gone after the payment space, and as a financial instrument in the financial sector – makes a little sense. Could it replace Visa & Mastercard? Think of Ripple like the Microsoft in the scenario. Obviously, we have new contenders such as DogeCoin. I read recently that it’s now worth more than Barclays. It’s this kind of thing that causes issues in the industry as a whole. To obtain mass adoption, it needs to be professionalized. Mass adoption is what will make or break the market as a whole & 100% shake out anything that isn’t useful! There are, however, a good couple of projects including Litecoin, which is nearly identical to Bitcoin. The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. This allows Litecoin to confirm transactions much faster than Bitcoin. Another interesting project is Cardano, which is a public blockchain platform that aims to run smart contracts. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency Ada The project differentiates itself from competitors by using a research-driven approach — the platform is designed through peer-reviewed papers written by computer scientists and academics. Ok so what about Adoption & regulation??? Due diligence When investing in crypto – especially less known altcoins, you need to consider other factors beyond charts and the technical analysis. Much more like trading a stock. You should look to factor in the founders, financials, future plans, and so on. Conspiracy As a cybersecurity investment firm – Mayfair knows what can be done on the cybersecurity side, you can’t help but think with the resources that the NSA has, they can’t find out who’s behind BTC - that on a technology built purely based on the premise of being an immutable ledger. Makes you think doesn't it??? Will we see Crypto replacing Gold and even the Dollar? Comment and thoughts below; give more detail than just a yes/no! Why do you think it? Anything interesting your seeing in the market? I am keen to get opinions, ideas and just some interesting points of discussions. 🎥 Next Live stream with @Paul_Varcoe www.tradingview.com - on Monday 🎥 Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITSTAMP:ETHUSD
by Mayfair_Ventures
9
Microstrategy coming with nice trend - Possible New buy on wayHello trading friends, And from the side of Saylor, we have a great announcement of MicroStrategy. ( good news for btc) they will show them the first quarter of 2021 financial results . and we know they have made great profits. this means great news for BTC. and the normal fiat whales like the profits. means more return to bitcoin. and new customers for MicroStrategy. It's only about time before we can meet a new investment by Microstragy for bitcoin. We @ watch trend expecting bitcoin to 55K Our before updates all our updates show now a long trend, and we expect that we will see a huge whale entry on bitcoin to 55K + Follow and like for more updates. thank you! Discipline is the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly * this is not an advice ---> Have a great day
Long
by watchtrend
The most on tradingview channels are short - Rekt time will comeHello trading friends, i did saw the most channels on tradingview expecting bitcoin to 40K 32K and some lower. TO ALL THESE CHANNELS I SAY FROM HERE - BE ALERT FOR POSSIBLE HUGE INCREASE WHAT YOU DID NOT EXPECT. we track data and whales. and TA is not the only need to make good charts. Trade safe! we are 1 of the channels expecting bitcoin to the moon! Check also our chart of whale trend our long did start from 49K
Long
by watchtrend
6
BITCOIN WILL GO INTO STRONG BREAKOUT TO 55K THE ALERT FOR TRADERhello traders, Bitcoin shows a stable trend - since the fall, and it looks back to increase. ( there were some small whales trting to get the price down - but the main whales are into bitcoin and thats most imoportant. Saylor can come soon also with new btc order, this can effect the news trend also. We have said it at time as before times, we are right on btc for 90% all time. # whale trend shows a possible breakout on bitcoin for the coming time. we have said it at time!
Long
by watchtrend
1
BITCOIN ITS ONLY ABOUT TIME BEFORE BREAKOUT - GOLDEN TARGET 55KHello trading friends, Bitcoin is depending on our signals ETN 100% into the long term since the fall. we did explain before the reason of this fall, and it's only about time before we will see a huge increasing BTC. there are whales that even interesting to buy so much supply as possible. max 21M BTC. know that bitcoin needs only short-term to recovery, and data shows return. # our next updates will be LONG depending on market signals. Whales entry Possible re-entery to above-trend 55k+ ( our expectingtarget are 55-56K for next trend) Follow and like for more updates. thank you! Discipline is the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. #Always do your own research don't follow us or someone else blindly * this is not an advice ---> Have a great day
Long
by watchtrend
RAMP Bull Flag Structure PT1 $1.20Purely from a Technical chart pattern only - RAMP is inside a bull flag structure with an initial price target of $1.20 - my favorite crypto structure as it hits nearly 100% of the time in a bull market. These structures often breakout at 70% of the flag which means either this weekend or on Monday the latest to see some very nice momentum price action leading into rMINT's rollout which could compound returns significantly in the coming days / weeks. Stay tuned and follow RAMP's twitter channel for updates that will be coming through in the next couple of weeks. twitter.com
RLong
by ich1baN
3