Sessions Future/Past Initial BalanceGood afternoon all,
This video is a trailer to a script that I will soon be publishing.
The script allows you to display:
1. Future days of the week vertical lines.
2. Future session opening vertical lines (plus additional future lines, for if you notice a trend at a certain time).
3. Session boxes, boxes are built using the high and low of a user configurable time.
4. Session Initial Balance or Brinks boxes.
5. Extendable function for the current and previous Initial Balance/Brinks box.
6. User customizable settings: gradient of box background / box outline options.
This indicator will be released in Dec 21, I will release early if the community show interest for early release.
Thank you for your time and support.
Initial
Initial Balance Test w/ 10% Volatilty Filter Running a test of Initial Balance based on NY Open, for BFX :BTC/USD with 10% daily atr vola filter. Protected candles noted in both directions. Watching for break above or below 10% levels to gauge intraday market move and direction.
Daily ATR at time of post 1627; cme and 1602; bfx
Appreciate the risk.
An Ethereum Startup Just Vanished After People Invested $374K ICO = Coin backed by a promise ( A Debt)
Cryptocurrency = Coin backed by the energy it took to secure it.
A startup on the Ethereum platform vanished from the internet on Sunday after raising $374,000 USD from investors in an Initial Coin Offering (ICO) fundraiser.
Confido is a startup that pitched itself as a blockchain-based app for making payments and tracking shipments. It sold digital tokens to investors over the Ethereum blockchain in an ICO that ran from November 6 to 8. During the token sale, Confido sold people bespoke digital tokens that represent their investment in exchange for ether, Ethereum’s digital currency.
But on Sunday, the company unceremoniously deleted its Twitter account and took down its website.
A consensus algorithm, like bitcoin's proof of work (the one we hear about most often), does two things: it ensures that the next block in a blockchain is the one and only version of the truth, and it keeps powerful adversaries from derailing the system and successfully forking the chain.
In proof of work, miners compete to add the next block (a set of transactions) in the chain by racing to solve a extremely difficult cryptographic puzzle. The first to solve the puzzle, wins the lottery. As a reward for his or her efforts, the miner receives 12.5 newly minted bitcoins – and a small transaction fee.
Common criticisms include that it requires enormous amounts of computational energy, that it does not scale well (transaction confirmation takes about 10-60 minutes) and that the majority of mining is centralized in areas of the world where electricity is cheap.
Bitcoin creator Satoshi Nakamoto woke us up to the potential of the blockchain, but that doesn't mean we can't keep searching for faster, less centralized and more energy-efficient consensus algorithms like CryptoNight in Monero to carry us into the future.
Cryptoeconomics is about using a collection of cryptographic and economic building blocks in order to build systems that have some desirable informational security properties not just printing a token and expecting people to trust that you will deliver value.