STORJ the future of decentralized Digital storage [BTFD]I featured STORJ in my post from early Nov'18
was a huge profit maker and one to watch for this year
after a good rally in last few days we can entertain some good long positions for this active coin which actually has a working product... (one of the few in crypto)
retraced from last major highs, lets meet these targets before we try for the ATH (which was based on a very very well timed token swap)
If bitcoin comes down again to lows then we might have a new floor but looking at the COP (Cycle of Power) indy it still needs some more upwards momentum, something we may see in the coming months if the markets goes more bullish on alts
HOW TO TRADE?
Aggressive traders would start buying up on the pull back, the recent rally hit the 0.786 level and dumped from there creating a possible pullback to watch
More cautious traders will wait for the fib to be broken and move up into the next gann fan area for confirmation of a bull trend
red line is the baseline trend
good trades, plz tip or leave a comment if this or other trades we select make u profits, even if its for a beer/smoke all welcomed
more on STORJ....
Storj is decentralized cloud storage that applies blockchain technology for processing transactions that are entirely safe, secure and done without third parties interfering. It is the first decentralized, end-to-end encrypted cloud storage that utilizes blockchain technology and cryptography to guard your files. Currently, STORJ is trading at $0.515 per unit. It is predicted that by the end of this year there will be a hike in the value of STORJ and it will rise to $1.27. But we cannot entirely rely on these values because fluctuations can happen at any time.
coinpriceprediction.net
Mining
$BRVRF Enters Into Agreement with Global Satellite IntegrationBlue River Resources First Step in the process of integration forward was a 30% stake in GSIL a private British Columbia Company based in Vancouver, BC. Looking forward to the next upcoming updates from this soon to be conglomerate.
www.otcmarkets.com
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2018) - Blue River Resources Ltd. (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (the "Company" or "Blue River") ( www.blueriv.com ) is pleased to announce that it has entered into an agreement with Global Satellite Integration Ltd. ("GSIL") which agreement provides for the acquisition by Blue River of a 30% interest in the share capital of GSIL for total cash consideration of $50,000. GSIL is a private British Columbia company based in Vancouver, BC. GSIL provides satellite bandwidth and related services to mining companies. The acquisition includes a participation right for Blue River to retain its post-acquisition pro-rata interest in GSIL should GSIL issue further equity as well as the grant to Blue River of a right of first refusal by the two current shareholders of GSIL. The transaction has been accepted for filing by the TSX Venture Exchange. orders.newsfilecorp.com
GSIL and its management have extensive experience working with mining companies and government to provide Internet and telecom access to mining companies regardless of their location. Blue River recognizes that stakeholders in mining such as the local government and the surrounding community of a mine site or large exploration site require some level of corporate social responsibility as part of gaining the "social license" to explore and exploit their natural resources. GSIL can bring the internet to these communities, regardless of their location, which can enhance Blue River's relationship with local communities, where Blue River could conduct exploration or mining activities. Blue River believes that having an ownership in this expertise will enhance its ability to bid for or acquire mineral concessions and the required exploration or mining permits in rural areas of the world.
Blue River's main focus remains mineral exploration. The Company continues to explore its Castle Copper Project near Princeton, BC, on which the Company has recently received a NI-43-101 report recommending a two phased exploration program.
ON BEHALF OF THE BOARD
BLUE RIVER RESOURCES LTD.
Griffin Jones
President, Director
For further information contact:
Griffin Jones
Tel: (604) 682-7339
www.Blueriv.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
$BRVRF Continues Rising in Anticipation of its 1st UpdatesOn Feb. 27, 2018, Mr. Martin purchased 500,000 common shares of the company on the open market. This purchase increased his holdings to approximately 12.8 per cent of the total issued and outstanding shares of company.
As of the date of this report, Mr. Martin has approximately 24.55 million common shares of the company, representing approximately 12.8 per cent of the common shares of the company, plus 6.05 million warrants. If the warrants were exercised by Mr. Martin, the total shares held by Mr. Martin would be 30.6 million or 15.4 per cent of the issued and outstanding shares of the company.
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - Blue River Resources Ltd . (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (the "Company") announces that it has received a NI 43-101 report on its 100% owned Castle Copper Project located near Princeton BC.
The report was written by Mr. Sean Butler, P. Geo., and recommends a two phased exploration program consisting of IP geophysics and soil geochemistry in phase 1 and contingent on positive results in Phase 1, 2000 meters of NQ diamond drilling in Phase 2.
The area of interest that the exploration program will focus on is the Christian Creek zone where hole no. BXR 11-9 returned 198 meters of 0.04 % copper from 30 meters to 228 meters.
Several companies are exploring this region for porphyry copper deposits from Copper Mountain Mining and Sego Resources to the south, to Antofagasta Minerals to the north and Kaizen Resources in Aspen Grove BC.
The Company is reviewing additional opportunities in the resource sector as well as the non-resource sector.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
So far I have not observed any dilution and the company does not currently have any dilutive convertibles or aggressive debt. The company is clean and continues to be accumulated in anticipation of further updates which some have said could be very substantial.
This is a Long term hold for me, around 2 years. I anticipate a PPS of $10 by then given the current Share Structure.
Antminer S9 ROI: Bitmain vs Retail over 1, 1.5 & 2 yrsThis is in addition to my previous chart on miner roi for different Antminer models. The S9 is the only model making a profit now and is the only sha256 miner currently used by Bitmain according to news articles. My previous chart only looked at ROI for retail miners. Here I show estimates for Bitmain (area plots) itself who pay less for their mining equipment than their customers. I also compare with retail miners (lines). The three lines/areas represent three different amortization periods for mining equipment: over 1 year (green), 1.5 years (blue) or 2 years (purple). The longer the period over which you spread your costs the less dependent you are on BTC price so long as your miner does not become obsolete before the write off period ends. previously I only considered a 1 year write off period.
Lastly after some research I determine the average lifespan of a miner is just 1 to 2 years (www.cell.com(18)30177-6).
Area plot: Bitmain
Line: retail
Elec: 0.06 USD/kWh
Model: Antminer S9
Hrate: 13.5 TH/s
Unit cost: USD 500 (Bitmain), USD 900 (retail)
Operating time: 24 hrs/day, 365 days/year
see: medium.com
see: www.cell.com(18)30177-6
BITMAIN: Antminer S-series Return on Investment (Bitcoin)Chart shows the return on investment of Antminer S-series miners:
S1 (yellow): approx released July 2013, power consumption 2 kW/TH/s
S3 (purple): approx released June 2014, power consumption 0.71 kW/TH/s
S5 (orange): approx released December 2014, power consumption 0.51 kW/TH/s
S7 (green): approx released Aug 2015, power consumption 25 kW/TH/s
S9 (blue): approx released July 2016, power consumption 0.1 kW/TH/s
Red curve is network hash rate (proportional to difficulty).
Chart of mining efficiency (TH/s/kW): drive.google.com (blue is actual trend, red is projected continuation of pre-S9 trend)
Bitmain has not publicly released any significant efficiency upgrades since July 2016. Innovation at the mining sector's biggest player seems to have stalled. If the exponential trend had continued we should have reached >40 TH/s/kW by Jan 2018, instead we are at 2016 levels. This is either because Bitmain cannot make more efficient ASICS or because they are keeping secret any innovations they have made.
Looking at the return on investment (ROI) chart. The white horizontal line is the breakeven line. Anything above is profit. The vertical lines are release dates of the various S-model miners. We see that a new miner is released to the public just when the previous model becomes obsolete. Normally there is a lead time before delivery of several months. Bitmain have not made any announcements regarding an S11.
Despite all of this the hash rate is increasing unabated. Have Bitmain been secretly mining with new hardware or have they simply been bringing more S9s online? If they have an S11 why aren't they releasing it?
Further reading
Bitmain now mines 42 % of the entire network bitcoinist.com
June 8 interview with the Bitmain CEO Jihan Wu fortune.com
This is where I explain how to calculate the conversion factor medium.com
One More Drop - Bitcoin Panic ZoneBitcoin price is going down for the past 6 months and still is.
The price zone between 5,000$ - 6,000$ considered as a safe zone in regards to mining costs,
below this price zone mining Bitcoin in most of the countries considered to be not profitable.
Having said that, the longer the Bitcoin traded at the 6,000$ price,
More and more news about Bitcoin mining and the cost of it started to pop up,
and it seems like the media is preparing us for another price drop.
All of a sudden the cost of mining Bitcoin was overestimated...
I am getting myself ready for the last drop,
The panic drop.
A drop that will confuse many will wipe many more and will cause panic.
My strategy is simple:
My Trade Size = X
I Buy Half X at 4,900$ (Bitfinex)
I Buy The Second Half at 4,500$ (Bitfinex)
My Stop Loss = X
How much worse can it get? :(Learning to use trading view and also a little charting.
- Strong down trend with multiple resistance levels broken.
- Not enough bull volume on the way down to reverse
- hourly chat has come green at 0.01 and 0.012 but I don't think it is strong enough
How low can we go? :(
Ideas?
Looking for advice and tips along the way as I learn..
BTC MAGNETIC MEGASUPPORT REVERSAL. This is my BTC/USD forecast for the next months.
In crypto we know that timing may vary a lot faster than forex markets.
Anyhow I see those final low target for the bear market:
30% = 6000 $ AREA . DOUBLE BOTTOM AND REVERSAL
65% = 4970 $ AREA. MAGNETIC MEGASUPPORT REVERSAL WITH VARIOUS CONFLUENCES.
3% = 3000 $ AREA.
I cannot think at anything lower also because of the mining costs.
My best reversal point is 4970 $
BTC never under 5k and this is why !!!!BTC ECONOMIC BASIC
There are a lot of speculations that bitcoin would go to 3000... well those who tell you that don't have a clue what they are talking about. Bitcoin/altcoins can be compared to stocks/gold/silver etc. Now some of you will be shouting at me that it is not the same but this is just a example.
In this case we take a look at gold. To mine gold you need employees, materials and insurance etc. When you add all those things up you will get a price that you have to earn from selling the gold to at least break even with the costs of mining the gold.
This is the same as bitcoin mining. It takes a lot of energy to mine 1 bitcoin and the equipment is also pricey. The average costs to mine 1 bitcoin is 4700 - 4800 dollar. If bitcoin would drop below this price a lot of miners would shut their systems down. Only the big companies would be able to mine with a small profit. We think whales/major investors would never let this happen. If you see the price dropping beneath this price range... sell every single crypto you have because we are going to shut down!
This is just some basic economics. If it the costs to mine something are higher than the sold product... why should you do it?
Bitcoin S-curve with Mining History + Qualitative Hasing RateSome assumptions first:
Bitcoin follows an S-curve typical of many growing technologies (and sometimes even stocks/indices): Adoption chart
The exact gradients / inflexion points of the S-curve shown here is illustrative, as we cannot know its future development.
The hashing rate shown here (brown line) is completely illustrative and represents only the changing trend (which has been increasing or constant since 2010).
S-curves (which appear as exponential curves in linear charts) indicate a viral exchange of information which is typical of technology adoption and hype (this is where stocks/indices come in etc)
In the case of Bitcoin, although the rate of production is supposed to be constant (hence difficulty adjustment) and therefore cannot affect the price, there is a clear relationship between price development and the development of network hashing rate. The hashing rate develops with the evolution of the mining sector from 2010 hobbyist to 2018 industrialist.
The next big boom in Bitcoin will take place in conjunction with the next revolution in mining. There are some 4 million Bitcoins still left to mine. The next halving (block reward reduction to 6.25 BTC/block) is probable in summer 2020. But the halving is not necessary in order to start a new growth phase . In fact the previous two halvings occurred half-way through the growth cycle.
Some reading:
Controlled Supply
Evolution of Bitcoin Hardware
Bitcoin hashing rate
Bitcoin mining price 2015
Bloomberg mining price 2018
GOLD clear risk/reward setting up LONGHi guys, I'm Rob from Macro Insights. Today I have a piece on Gold outlining why from a probabilistic outcome Gold is a fantastic opportunity on the long side. I believe you have to look at each asset and analyze 1) the macro top-down picture, 2) a fundamental bottom-up analysis of the asset, 3) what is the positioning/sentiments & 4) you gatekeeping, technical analysis.
I would love to hear your perspective in the comments below relating to Gold, please do your own research this is an asset we have spent a lot of time following and analyzing and we understand our risk to reward parameters for the trade.
Have a great weekend everyone!
NVDA NVIDIA is clearly the next big stock! Move to $279? Hi Guys,
NVIDIA has seen a huge rally in the past few weeks and I think there is more gas in the tank to grow even further!
Nvidia just reported they made $289 million in graphic card sales to crypto mining, which is great news for not just NVIDIA but for the crypto world as a whole. This clearly shows there is clear support, belief and demand for graphic cards to mine BTC & other coins.
In this day and age of IOTs there is a much larger need for big data analysis, machine learning & Artificial intelligence. As AI is the future, Nvidia is the backbone for all the AI processes. I look at Nvidia as the next big stock as its graphics cards will be a touch point with any and every application we build moving forward.
To take it a step further, there are blockchain projects like Golem Network that are moving forward with connecting requesters with a network of individual PCs & GPUs to create a super computer that can help with graphics rendering and other machine learning and AI requests.
The future is clearly bright for technology as a whole and NVIDIA & Golem sit in the heart of it!
Hope that helps and check out my videos on other interesting coins :)
www.youtube.com
$ARS Asiamet Resources - my Target 17.60p - Good volumeOne of my long term favourites since 2.20p
Ben trading in and out but more recently came back in as long term as well as a trading pot.
Target 16.15 & 17.60p - Believe we will get closer to the latter based on distance between the last two highs
Griffin Mining Builds MomentumGriffin Mining recently broke through the previous all-time high. It struggled at first as the buyers were trying to gain some ground and as they found their footing, the momentum to the upside kicked in and we may be seeing the beginning of an impulse uptrend.
The Daily chart (not shown) is using the 50 simple moving average as support as it makes higher highs.
When price hesitated at the previous all-time high some traders may have doubted whether price would continue higher but simply looking at the 50 sma would help to identify it as a support area which would assist price to advance higher.
Using simple tools such as moving averages in the correct way will put you in a prime position to take advantage of opportunities in the markets and help to understand market structure.
If the first breakout was missed then we just have to be patient for the next opportunity and we must not chase trades.
If price pulls back and breaks out again we will have another opportunity to enter. We may also see a a pullback opportunity if price moves down to a support area so either entries would be appropriate depending on your trading style.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
Coeur Mining: renwed uptrendCDE has ended the steady and rather drawnout counter trend phase since mid-2016 with the break above ~9.05. A strong upmove towards minimally 11.75 (1st projection) is extremely likely. Secondary targets come in at 14.30 (3-4 months) while the long-term forecasts suggest levels well above 17.50 (12-months+). Maintain initial stops below 8.25.
WTC 230% by April 2018WTC is an extremely comfortable hold, they have tons of work in the pipeline, tons of strong partnerships with the government, and the top 2 telecom companies in china, (over a billion users), will be mass producing hardware this year, mining and mainnet coming out in Q1, it is hard not to be bullish on this tech. Additionally they are their own platform (like ETH) and will have ICO's - 6 already confirmed.
$GRDO Tweets Update on Its Fundraiser for its Cloud Mining SiteGuard Dog tweeted over the 4 day weekend that updates would be coming this week. The company has been hard at work getting the Bitcoin hard storage store up as well as a crowd funding campaign for its Crypto mining business. The techs show a steady sideways trend that should break to the upside as Bitcoin continues its rally past 15K within the next month.
Below is the tweet by the company:
Progress made this week. Updates next week.
8:36 PM - 16 Feb 2018
Primecoin: But Wait... There's More! This is a risky one, dream big, play small, but it's an interesting concept. I guess I see opportunity where others see a dead horse. Supply is 21 million, the RSI doesn't match up neatly but every time it drops into oversold, especially in a cluster of 3, price eventually has a nice pop. Just be Patient. Looking at February or even next summer for a target. Again, super risky, rather illiquid, but if you like the fundamentals, it's not a bad time to nibble. If you never take risk, you will certainly never take profits.