Mining evolves as a service with the aid of MinedBlock
Mining is a fundamental part of the blockchain for any crypto whether PoW or PoS, even other more recent algorithms such as PoE or PoP; some tokens starts pre-mined at 50% or even 100% of the available supply. However, most work running on blockchains with some of the existing mining algorithms; as is the case with Ethereum. The miners who support the network as the basis of the decentralization model become centralized as the increasing cost of start to operate.
DexAge decentralized marketplace and global adoption
The DexAge decentralized exchange is a new autonomous and self-sustainable system, fueled by the social connection between traders and investors who use the platform. DexAge's trading model capitalizes the power of users and channels it creating feedback synergies. The DXG platform combined with its dApp makes it possible to run in a decentralized framework; an approach that is gaining followers in the community. An online environment designed to enable several functions as described below. Operators, users, and investors find a new competitor in which to exchange and lend cryptographic assets.
Also, it offers an interface enriched with other nuances to enhance the use of decentralized wallets in day-to-day operations. No need for multiple registrations, or cede personal data to various third-party organizations. This is one of the premises that DexAge fulfills. In the ecosystem and through dApp, users can communicate and share their ideas. Or perhaps, share knowledge by chatting with each other before closing a business transaction.
The cases of use are multiple, in an increasingly digitized global environment in which companies and people interact with each other. A daily example is meetings, webinars, and talks through other well-known applications. Whether decentralized or centralized. The single, centralized authority model that controls the entire system has become obsolete. Since the founding team of DexAge, this sentence has been assumed, and power is given to the shareholders of DexAge. This kind of decentralization of power makes them the primary force influencing growth and development. You can join the telegram community at the following link.
The platform that will power the DXG token offers a full range of P2P functions
Asset escrow is a hot topic in the blockchain ecosystem throughout 2018 and what we carry from 2019. Even Vitalik Buterin stated without hesitation his inclination for DEX exchanges as the way forward. Centralized exchanges are bright in the dark for cyber bandits. Unlike their decentralized counterparts, exchanges with a single manager and incidences tend to be the chosen victim. On the other hand, decentralized exchanges are not perfect.
However, they avoid being an easy target. In a menu combining decentralised deposit services, p2p chat, and DEX, commissions are reduced to a minimum. This saving, compared to traditional loan systems, will generate economic equity. The elimination of such costs without intermediaries encourages all parties to feed liquidity and demand loans 100% crypto. The platform, led by Preciuous Kenneth W. and Suano Neenwi, joins the list of emerging companies in the Blockchain sector. The characteristics described in the documentation go beyond the conventional trade of a centralized cryptocurrency exchange.
Trading in the traditional way will be the primary function. However, a few implementations added by the development team will facilitate the exchange through custody between peers; decentralizing each feature. It will also show that escrow trading (Mainnet) will be launched in the second week of May, while other DexAge projects will follow the initial suite later.
The initial offer of the DXG token offers several alternatives for its acquisition
For those interested in participating in the initial sale of DXG there are multiple avenues. The fixed value for the Token is $0.01, so the opportunity to join with the 1000% discount is attractive. During the writing and publication of the article, it is sold at $0.001 (US Dollar - USD). Once the initial offer is finalized and all launch requirements have been adjusted, activities begin. The DXG token will start shooting in the second quarter of the year a few weeks before the platform is released. It can be seen on its roadmap, which are the first two priorities for the year 2019 full of expectations.
Global tokenization continues, replicating every trade-related aspect. The blockchain ecosystem weaves new commercial networks without intermediaries, new p2p networks. In a progressive but evident transition, we observe as entrepreneurial initiatives, of community nature, anticipate habitual giants of the market.
P2P Lending Marketplace.
Transactions carried out on the decentralized platform, whether for trading or lending, have been designed to be coordinated by decentralized deposit services. This point is developed based on secure, intelligent contracts in the blockchain. For information on this point, we recommend reading the White Paper carefully.
Through the use of referral schemes, staking, voting rights, and portfolio diversification, the platform will empower its stakeholders and lead to its mass adoption.
The loan market is expected to generate several benefits; in principle, it encourages keeping tokens in stakeholder ownership. This movement creates temporary scarcity by temporarily removing them from circulation. On the other hand, the demand for credit generates cases of use and application of the platform token. This creates a speed of money that is expected to enjoy an excellent performance while waiting for feedback and solve small errors.
Soon more exchanges will list DXG adding value, liquidity, and ease of access to the token
Duly audited smart contracts will coordinate decentralised warehousing services. Via Smart contract, robust centralized networks such as Ethereum, offer a precious quality; 24/7 functionality and rigid compliance with agreed sentences. At the same time, automation with code requires an unpolluted system, adequately audited and carefully tested.
Since the core team of DexAge has confirmed the agreement for the listing in LAtoken. So after the sales and finished the Bounty/Airdrop deals of the DXG token will be negotiated in LAtoken. In addition to LAtoken and Bitcratic (DEX), it is progressing that negotiations are currently underway with other exchanges/bags for the upcoming listing of the DXG token.
Documents and more details at the links below
#TheFaustFlick & the Film Business Buster™ Smart Contract
#TheFaustFlick, a comedy film, joins the Ethereum blockchain through a Security Token Offering. An audacious move by estudios amazonia; their White Paper is a sound business plan backed by an impresive and an in depth market research which latent opportunity is impeccably outlined as follows: 8.3 million hispanics frequent moviegoers in the U.S. (go to movies once a month or more) who yearn to see good stories they can relate to and familiar faces playing roles they can identify with, spent as much as $2.3 billions at the U.S. box office alone, year after year.
This comedy film is to be produced in Argentina and Venezuela and initially distributed in the U.S. in two different language versions; the first one with 80% of the dialog in spanish and the remaining in english; and the second one with 100% of the dialog in english. In both cases english will be enunciated, not dubbed. All this via the Film Business Buster™ Smart Contract which will grant TheFaustFlick (TFF) and FilmBusinessBuster (FBB) Token holders:
- Access to the screenplay, celebrity letters of intent and all the project financial records..
- Voting rights on five (05) critical financing gates enabling the successive filmmaking process and/or film business cycle stages.
- Receive in perpetuity the net profits from #TheFaustFlick´s multiple revenue sources as well as all other future film projects.
- Allow highly talented but industry-excluded screenwriters to submit screenplays for estudios amazonia to review, select, executive-produce and co-produce according to a predefined criteria, including story quality, film budget and their target market-audience opportunity, among other elements later to be published.
The code for the Film Business Buster™ Smart Contract will be open and available for anyone to review at github.com/estudios-amazonia/FilmBusinessBuster.
The rise of new technologies and the growth of independent financing.
In the last ten years the number of electronic devices per household has grown ostensibly, as a result, most people are nowadays more interconnected than ever. Within this digital reality, electronic financing has grown significantly over the last four years. Independent film producers could adapt and transform themselves by leveraging this financial revolution by joining blockchain networks.
It is evident that estudios amazonia has taken a quantum leap into this digital space with #TheFaustFlick and the Film Business Buster™ Smart Contract. The Orange Economy, or cultural and creative industries, such as the Independent filmmaking, can appropriately empowering their stakeholders through an open, verifiable and auditable Smart Contract, enabling and increasing Win-Win business relationships.
It is not a surprise therefore, that highly effective professional teams with visionary and feasible projects have recently issued with tremendous success Initial Coin Offerings (ICO), Initial Exchange Offerings (IEO) or Security Token Offerings (STO).
Smart Contracts modernize and automate the independent filmmaking and film business process through transparency and engagement with its stakeholders.
The filmmaking and film business process goes through at least sixteen (16) fully identified and auditable stages. The Film Business Buster™ Smart Contract, conceived and developed estudios amazonia, will provide a platform to Tokenize future films, thus becoming the first film producer in leveraging blockchain networks to optimize an existing and highly lucrative business model. #TheFaustFlick opens the gate for film production and distribution, thus strengthening the digital ecosystem with tested and proven sound value propositions.
The initial values of the TFF Token and the FBB Token adopt Ether as the unit of account.
It is a common method among ICO/IEO/STO in the crypto space and estudios amazonia understands how this financial ecosystem works. By setting the initial price in Ethereum (ETH), a step is taken towards the adoption of technologies and their properties. During the Presale and the STO the value of each TFF Token and FBB Token is set at 0.01 ETH, before the applicable discounts, with a minimum contribution of 1 ETH during the Presale and 0.15 ETH during the STO.
During Presale (April 2019) there will be 500.000 TFF Tokens available with a 50% discount. During the STO (May, June and July 2019) there will be 2.000.000 TFF Tokens with an initial 25% discount, down to a 10% discount at the end of this period.
#TheFaustFlick will be the first film project managed within the Film Business Buster ™ Smart Contract. TFF Token maximun supply will be 10.000.000 divisible units; respectively, FBB Token maximun supply will be 1.000.000 divisible units.
TFF Token holders will receive in perpetuity their share from the 90% of net profits from #TheFaustFlick multiple revenue sources. Additionally, FBB Token holders will receive in perpetuity their share of 10% of the net benefits of this film and of all New Film Projects that will be reviewed, selected, produced and/or co-produced by estudios amazonia.
A 2-minute film teaser of #TheFaustFlick, produced with a stringent budget but with the passion of more than 30 people, is available at thefaustflick.com/#Prototype. It is estimated that during the 90-minute film production at least 300 professionals will get involved.
estudios amazonia chose the Ethereum Network for their Smart Contract platform. The following contract addresses are available on their respective websites.
TFF Token Contract Address: https://etherscan.io/address/0x349c9A0AFbe8C8e08a6bD8A2E925f9EC5aE7d2C9
FBB Token Contract Address: https://etherscan.io/address/0x29fb4CEe43155bAAB885897f0e96B1F0572a1E86
#TheFaustFlick & the Film Business Buster™ Smart Contract Legal Framework
Both projects are regulated by the Bolivarian Republic of Venezuela´s National Superintendence of Crypto-Assets and Related Activities, or SUNACRIP (acronym in spanish), ascribed to the People's Power Ministry for Industries and National Production, and it is in full compliance with the Crypto-Assets Integral Systems (CIS) Law, issued by the Constituent National Assembly on November 20th, 2018. All interested parties in TheFaustFlick Token and the FilmBusinessBuster Token must download, read and understand #TheFaustFlick and the Film Business Buster™ Smart Contract WHITE PAPER, both available at TheFaustFlick.com, FilmBusinessBuster.com and estudios-amazonia.com.
Contact Information and relevant links
Company Website - https://estudios-amazonia.com
#TheFaustFlick web - http://TheFaustFlick.com/
#TheFaustFlick White Paper - https://estudios-amazonia.com/TheFaustFlick_WP.pdf
Film Business Buster™ Smart Contract web - http://FilmBusinessBuster.com/
Film Business Buster™ Smart Contract White Paper- https://estudios-amazonia.com/FilmBusinessBuster_WP.pdf
Crypto Market Ads introduces a new marketplace that solves all advertising and marketing needs; focused on Crypto & Blockchain market niches. The typical difficulties and problems are eliminated in a flash, connecting publishers and advertisers in the industry on a platform designed to fit the needs. By participating free of charge, the market environment allows publishers to engage in fairly and successfully competing, allowing them to maintain competitive prices. It leads to the discovery of costs that are as low as affordable and attractive to advertisers.
The crypto advertising and marketing industry have expanded over the last two years. Compared to 2017, ICO & IEO's advertising and marketing volume has quadrupled in just over a year in 2018. A similar pattern has been adopted by the amount of advertising and marketing budgets for projects in the field.
"Crypto Market Ads is a democratic and decentralized marketplace for crypto and blockchain advertising.” The founding core team.
In addition to establishing the best market solutions to advertise around the blockchain universe, they create an Internet of goods and services for vendors and global markets; Crypto Market Ads wants to change the manner in which vendors allocate products and services by creating a genuinely global P2P (peer-to-peer) ecosystem, in which vendors have confidence and in which goods and services are instantly available worldwide and all through a network of marketplaces. Crypto Market Ads also wants to offer interactive online tools, such as a decentralized visual marketplace builder with an intuitive and user-friendly interface. It is complemented by an initial coin offering platform (ICO) for the marketplaces to ensure the success of all stakeholders, involved parts and early adopters.
Is there any special offer for contributors?
The first 999 people to contribute at least 3+ ETH in Private Sale will have a lifetime 0% fees on the Crypto Market Ads marketplace along with a Founder badge.
Crypto Market Ads features, the three fundamentals of the platform
If we consider the challenges of a recently consolidated industry, the market needs a trusted platform as a safe heaven and bridge. A standard that brings together bounty hunters, early adopters, and the most successful crypto space publishers. In this sense, the Crypto Market Ads marketplace can benefit users through its three strengths:
Promote or offer marketing services.
Provide consulting services.
Buy/Sell services related to existing or new crypto/blockchain projects.
Delivering consistent benefits, crypto space is generating opportunities for those who are immersed in the revolutionary entrepreneurship. The community and content creators require good profits to be able to continue performing their tasks without any worries. As a result, the value of content, websites, forum activity, videos, webinars, email campaigns, and many other related services are consolidated. Currently, there is no consolidated platform. Crypto Market Ads opens the doors to the actors of the sector to offer their advertising and marketing services. The mindset of the founders is to enable the advertisers find comfort in finding all service providers in one place at competitive and rational market prices.
In other words, the main objective is the generation of value for all parties. In this way, due to the traceability and transparency of the blockchain technology, the parties obtain a nexus of trust. Marketing teams can outsource almost all aspects of promotions to influencers, professionals, reward hunters and other related service providers in a transparent manner. They will also be able to negotiate with publishers and obtain customized offers according to their needs.
Participate in Crypto Market Ads PRIVATE SALE starting at 20/04/2019 and get 50% Discount (coin amount very limited)!
(1 CMA = 0,005 USD)
Expectations for growth in the crypto advertising market in the short and midterm
Currently, the total market size is around $5 billion and is expected to grow in the following years. It is expected to exceed $54 billion by 2021. This positive and fast growth has created logistical and external problems; pitfalls such as the banning of crypto advertising by large companies in the world. Companies and publishers that take advantage by charging up to ten times more than other comparable niches is an excellent example. It also becomes difficult to find in renowned influencers and publishers, as the early growth without regulations has attracted scams and fraud in the past.
Based on the high demands of the crypto advertising and marketing industry, it requires a platform to exchange large volumes of advertising and marketing purchase orders. Crypto Market Ads proposes to solve these problems by offering a stable market that can bring advertisers and publishers together on an open and democratic market platform. Publishers and service providers will compete with each other through marketing tactics such as offering prices, demonstrable competitiveness, and instant communication. Versatility for market makers is one of Crypto Market Ads strongest points. Advertisers will be able to carry out their marketing campaigns and advertising campaigns quickly and reliably without requiring exorbitant budgets or contacting dozens of publishers.
¡Crypto Market Ads Marketplace Live!
VISIT Crypto Market Ads MARKETPLACE HERE
This solution will help the whole specialized advertising space to become fully autonomous, instead of relying on large companies; companies that do not back this new paradigm change. The crypto market is large enough to evolve on its own without support from mainstream publishers. However, it will receive with open arms the experts who jump in and decide to be part of the most revolutionary global transformation in decades.
Details and distribution of Crypto Market Ads coin
To participate in the project launch, you can contribute as a bounty hunter or purchase Crypto Market Ads coins. Ten billion units will be issued, of which 50% are available for Private sale and IEO; the non-acquired coins will be burned based on the parameters detailed in the official Crypto Market Ads documentation. Private-Sale begins on April 20 and anyone can participate except United States residents. The distribution of coins detailed in Crypto Market Ads Whitepaper shows the following proportions:
50% Private Sale & IEO (Crowd Sales)
10% Marketing, bounty, sales, referrals & advisors.
20% Exchanges & reserve.
10% Crypto Market Ads Founders (Lock up one year).
10% of Crypto Market Ads Team members (Lock up one year).
Below, we share the project's official links and social media accounts. Keep up to date with the details coming up ahead of the IEO.
Whitepaper - https://www.cryptomarketads.com/CMA_whitepaper.pdf
Website - https://www.cryptomarketads.com/
Facebook - https://www.facebook.com/cryptomarketads
Twitter - https://twitter.com/cryptomarketads
Medium - //medium.com/@info_85454">https://medium.com/@info_85454>
Reddit - https://www.reddit.com/user/CryptoMarketAds
Discord - https://discord.gg/vQ7hmTd
YouTube - https://www.youtube.com/channel/UCuxX-rPnrI4j2KqybFk_-jQ
Telegram - https://t.me/CryptoMarketAdsOfficial
It comes as a surprise to most people that the network we know as the “world-wide web” is in many ways not world-wide at all.
For instance, platforms such as YouTube, Facebook, and Instagram have long been banned in the People’s Republic of China1 - which was followed by a ban of WhatsApp in 20172. Another example is general access to the Internet in Eritrea, where less than 1.18% of the population of over 4.4 million people uses the Internet3. More shockingly, a 2016 study by Cambridge University revealed that more than sixty countries engage in some form of state-sponsored censorship of the Internet4. With several forms of social advances relying on unencumbered access to the Internet, many parts of the world are being left in the dark if they cannot access news or information and communicate with their peers in the same way that most others can.
The privacy of digital data on the network is the salient feature to P2PS secure, interference-free communications system developed by P2P Solutions Foundation.
The privacy of digital data on the global network finds a new competitor in the crypto universe. From the outset, the team of P2P Solutions Foundation points out a clear global problem; anything that is digitally exchanged with anyone, anywhere, is not protected by any privacy standard. Including information exchanged on corporate networks (private intranets). Right now the vast majority of Internet and Intranet activity is constantly monitored. At certain bottlenecks, the tracked information may be sensitive to the parties. In this way, new models are needed in which the activity is properly protected.
P2P Solutions Foundation presents a data management model that respects the privacy of all parties, including users seeking to store sensitive data or to exchange it with another entity or person. In most recent years, there have been several huge data breaches. In other words, giants such as Facebook or Coinbase have recognized problems in data management. Data that ends up in the hands of third parties without user’s knowledge. In some cases, they are intentional sales. Therefore, a reliable, committed and impartial infrastructure is needed.
The innovatively engineered ecosystem provides a secure platform whereby users can exchange confidential digital files or assets. This process is completed without any interference from third parties; not even a network or system administrator. So, P2PS is a peer-to-peer platform that protects data without compromising parties. Therefore, it facilitates confidentiality to users without advanced knowledge of cryptography. At the same time, it is not limited to one function. But it can also protect, for example, your medical records, banking information, and other sensitive digital assets, during the exchange between two parties. These platforms today are simply inexistent.
The foundations of the project are built on an Experienced group at the head.
This does not happen overnight, the ability to assert such solidity has its roots; an experienced group has focused on build a system for the people to exchange confidential and digital assets without third-party interference. Leading the project is Jameel A. Shariff (CEO and Board member); he is a third-generation entrepreneur and visionary, with advanced degrees from European and American educational institutions. Four years of U.S. Bachelor of Science in Business Administration (BSBM), and Master of Business Administration (MBA) in Business Administration, also from the U.S. Both BSBM and MBA were awarded to Jameel with the highest honor and distinction of "Summa Cum Laude".
On the board we find an experienced team with Ian Scarffe as business ambassador; Ian is a renowned leading expert in the Bitcoin, Blockchain and Crypto industries, Top advisor #1 at ICObench. David Drake , founder and president of LDJCapital. Sydney Ifergan , an experienced Top Advisor #10 at ICObench as a member of the advisory board. Ken Tachibana, technical and Financial Specialist PLUS Advisor on the Advisory Board of P2P Solutions Foundation. These details are reasons of great weight, the team starts from a proven base, personalities with extensive careers, solvency, and commitment entrenched in the sector.
As a result, the P2P Solutions Foundation has received outstanding ratings from many of the leading crypto space review and evaluation sites. 5.0 in TrackICO, 4.9 in ICOBench and 4.31 in ICO Market Data. However, it is not only due to the solid team. The biggest concern of any CEO or CIO who runs a company with confidential digital transactions today is the high cost of data security. Today, cyber security breaches around the world have an enormous associated cost; it rises to hundreds of billions annually. Let's get into the details of the platform.
Transaction confidentiality and stakeholder privacy as a global challenge.
The privacy of digital data is an approach with an upward trend; the concern at digital communities is proven. That's why we consider the P2P Solutions Foundation perspective especially interesting. The fact of offering an ecosystem in which to safeguard information is needed for all kinds of people. Journalists who need to save their person or sources, governments with little infrastructure in cybersecurity and digital data management... the use cases run into thousands. Although diversity and healthy competition are necessary, this new competitor joins the existing choices of security but has positioned itself uniquely from the privacy angle.
With a solid pre-existing infrastructure, P2PS begins its journey in cryptospace. It's the essence of operating digitally without a 3rd party or even an administrator; users get a platform where all interactions and transactions are completely safe, fast and confidential. One detail to consider is the alternative proposed to traditional centralized models. This includes a wide range of potential users ranging from lawyers to multinational companies in traditional industry sectors. Secure digitization has come from P2P Solutions. The corporative world includes billions of user accounts in a total sum of sensitive data collected.
This means an infinite number of attack vectors to privacy and confidentiality. For this reason, simple and consistent models are needed in a global economy. P2PS transfers the power of the most professional encryption to a simple user interface. Providing a fully operational platform from the first day. Once the management of confidential data is secured, the user must ensure that it is stored securely; another strength of P2PS. The platform doesn't host a whole bunch of extravagant or unnecessary features, it's about privacy and the responsible team prides itself in being extremely good at it. Recent cases of hacking and data breaches attest to the fundamental importance of a safe software and ecosystem. Both call for such characteristics and boost the estimated potential value of the P2PS token.
ICO and P2PS token details
The P2PS token has been designed under the Ethereum network compatible standard. This significantly facilitates the token's interoperability. It is also compatible with a huge range of developments based on the Ethereum network (like exchanges or dApps). After purchasing the P2PS tokens, the user in question can deposit them in a wallet compatible with standard ERC20 tokens. Including obviously the most adopted by the community such as MyEtherWallet, MetaMask, Mist, Parity, Imtoken, and so on.
The ICO event of the P2PS token takes place gradually until the hard cap is achieved. During the ICO process (already active) and its phases, the maximum collection (hard cap) is 136,000 Eth; or approximately $50 million at an average of $370 for each Ether. Considering the tokens that are given as a bonus to an average of 20% from the 50 million P2PS tokens. The Soft Cap is equivalent to $750000 (read the Pre-ICO & ICO FAQ section on the web).
Use cases guaranteed from the first moment with the great commitment of the sponsors.
As is well indicated in the documentation, the market study before the launch of the ICO suggests a positive framework. The diversified focus on three kinds of audiences generates synergies, fuelling the demand of tokens. The traditional audiences of the blockchain sector, traditional institutions seeking to digitize their systems with high technology and e-commerce places. P2PS must increase its value due to various traders, service providers and markets in countries around the world that adopt the P2PS ecosystem. Largely due to its multilingual interface, fast, easy to use & intuitive to user behavior. This means comfort, ease of use, safety, confidentiality... and many other useful features.
Many of the features mentioned are essential for the next wave of global adoption. The ISI Group Consortium is appreciated as a sponsor on the website and documentation. ISI Group is composed of multinational corporations involved in unique and innovative solutions. This is very useful for governments, education, banking, telecoms, IT, IoT and other industries. Digital file management requires first-rate infrastructure at all scales, seriousness and first level commitment. The funds raised during the token sale period (pre-ICO & ICO phases) will be used according to the described plan, which will also increase the value of P2PS.
Contact with the team:
The cryptocurrency market is a notoriously volatile place, owing in large part to the highly speculative nature of the emerging asset class. With seemingly unlimited potential applications and the new tokenomics field leaving the door open as to how high some assets may fly, cryptocurrency markets make for exciting trading.
However, with extreme volatility comes an increased opportunity for getting rekt. The best way to arm yourself against crypto’s wild swings is to make them your friend through careful, sober analysis and consideration.
After doing your own research regarding financial market analysis, you probably noticed that there are two main schools of thought: fundamental analysis and technical analysis.
Fundamental analysis principles are beneficial when looking to make long-term investments since a project’s underlying technology, finances, team, and roadmap are all taken into consideration. But, for traders who usually stroll in and out of trades on intraday to weekly time frames, technical analysis is more useful.
What Is Technical Analysis?
Technical analysis is a method which utilizes a variety of tools to analyze market data for the purpose of building up a picture of where prices might be headed within a given time frame. In technical analysis, big picture predictions are set aside in favor of smaller, more localized views that don’t adhere to biases.
If you follow traders watching bitcoin pairs on TradingView, you may find yourself feeling frustrated watching your trader of choice flip from bullish to bearish to bullish and back again, sometimes all within the same day. Rather than be discouraged by what seems like flip-flopping, be encouraged by the fact that technical analysts let the cryptocurrency market’s ever-shifting direction shape their real-time analyses.
Technical analysis is based on Dow Theory, a series of trading tenets formed by Wall Street Journal founder Charles H. Dow:
- Markets move in cycles: Whether you’re trading ethereum, bitcoin, ripple, or another cryptocurrency, the idea is the same – markets have movements and work in phases. Even when movements occur seemingly out-of-the-blue, rest assured that somewhere in there is a hidden kernel of market logic at work.
- Information is quickly priced in: News travels quickly in the cryptocurrency world. Twitter, Telegram, Discord, Facebook, mailing lists, media outlets – cryptocurrency news is a 24/7 affair that happens in real-time. Prices absorb data and change according to new information quickly.
- Volume confirms a trend: Market movements on low volume are unreliable and are easily manipulated. However, a bitcoin move up on good volume signals what Dow would call the “true market view” as the majority of traders agree on pushing the price higher.
- Trends continue until there is a clear reversal: If you’ve ever wondered why a big price drop is often followed by a jump up only to quickly continue on to lower lows, wonder no more. Making the “trend your friend” is a critical skill in technical analysis. Until clear evidence supports a reversal, assume that the prevailing trend will continue.
Technical Analysis Tools of the Trade
With the theory behind technical analysis clear, let’s move on to the tools used by cryptocurrency traders. We’ve whittled the selection down to the most widely accepted, tested, and respected tools and indicators out there.
Resistance and Support
Resistance and support levels help clarify a cryptocurrency asset’s supply and demand pressure. When representing resistance and support levels on a chart, technical analysts will draw a straight line across tested peaks where the price was rejected on several occasions (signifying resistance) or across tested bottoms which caused the price to bounce upward (signifying support).
These lines are known as trend lines and are very useful for identifying the general trend of a cryptocurrency asset. Carefully drawing trend lines help TA traders find channels wherein digital assets such as bitcoin are locked, bouncing between support and resistance.
A breakout occurs when sufficient buying action pushes the price above the resistance with enough velocity that the resistance then becomes a support level for the next move up. At this point, trend lines can be redrawn to identify a new channel, giving technical analysts a perspective about where the asset may be headed.
Trading volume refers to the transactional amount of an asset being turned over in 24-hour trading. Whereas traditional markets open and close at certain hours, cryptocurrency markets are global and don’t close.
Watching trading volume to confirm trends is critical in technical analysis. Trends up or down that are accompanied by shallow volume are often brittle and easily subjected to reversals. But, if a trend begins to grow with increasing volume, then it gains momentum and will be harder to reverse.
Moving averages help reduce the noise and choppiness of daily price data by giving traders a clear view of price averages within specific time frames. Moving averages that are calculated for 5, 10, 20, or 30 days will show traders an asset such as bitcoin’s average price for that period.
Traders using moving average indicators will then compare the averages of different time frames to come to conclusions about emerging trends for specific assets. For instance, if ethereum’s 10-day moving average begins to rise about its 20-day moving average, then an uptrend may be in the cards.
Invented by trader John Bollinger, Bollinger Bands wrap price data between maximum and minimum moving average lines to represent the overbought or oversold levels of an asset.
The more oversold an asset is, the better of a buy it will be for a trader looking to accumulate an asset at a given price or for traders looking for irrationally sold assets that are primed for a bounce.
Overbought assets are pushed higher by exuberance and are often prime candidates for placing shorts. Effectively using Bollinger Bands can help technical analysts to find the exit door on a trade.
Click here to register at AltCoinTrader Crypto Exchange and start trading today.
Tо ѕuссееd іn Bіtсоіn іnvеѕtmеnt, уоu muѕt wеаthеr thе inevitable storms оf vоlаtіlіtу. Thе соmрlеtе Bіtсоіn рrісе grарh іѕ a dіzzуіng mооnѕhоt, but nеw Bіtсоіn іnvеѕtоrѕ аrе оftеn ѕhосkеd bу bеаr mаrkеt рhаѕеѕ they fаіl tо рѕусhоlоgісаllу or financially рrераrе fоr.
Bitcoin hаѕ fаllеn аbоut 70% from іtѕ реаk аt thе еnd оf lаѕt уеаr, a рlungе thаt would give mоѕt trаdеrѕ a nosebleed (аnd a hеаdасhе, nаuѕеа, аnd реrhарѕ оthеr ѕуmрtоmѕ). Stіll, thе drор іѕn’t ԛuіtе аѕ dеер аѕ thе last tіmе thе сrурtосurrеnсу tооk аn extended tumblе, whеn іt lоѕt ѕоmе 85% of іtѕ vаluе bеtwееn Dесеmbеr 2013 аnd January 2015, ассоrdіng tо CоіnDеѕk data.
The lаѕt bеаr mаrkеt lаѕtеd fоr 17 mоnthѕ, durіng whісh total cryptocurrency mаrkеt саріtаlіzаtіоn fеll by ~76% from іtѕ аll-tіmе hіgh. If you'd іnvеѕtеd $400 іn BTC аnd $400 іn the bottom 20 аlt-соіnѕ (bу market сар), thеn as оf today's dаtе, уоur іnvеѕtmеntѕ would be worth $11,564 (BTC) and 18,740 (аltѕ) а total оf $30,304 dеѕріtе thе fасt that 16 оut of the bottom 20 alts dіѕарреаrеd іn thе іntеrvеnіng уеаrѕ. I bеlіеvе the lеѕѕоn hеrе іѕ tо ѕрrеаd уоur аlt-соіn investments оut.
Wе саn’t рrеdісt hоw lоng futurе dоwnturnѕ wіll lаѕt, but wе саn learn frоm thе раѕt еxреrіеnсеѕ оf ѕuссеѕѕful Bіtсоіn investors. In this роѕt, wе’ll rеvіеw thе реrіоdѕ whеrе іnvеѕtоrѕ wаіtеd fоr аll-tіmе hіghѕ (ATHs) tо rеturn whіlе оthеrѕ ѕuссumbеd tо рrеѕѕurе tо ѕеll thеіr соіnѕ.
Click here for the full article: BITCOIN BEAR MARKETS: HISTORY, PRESENT AND FUTURE
If you aren’t overly familiar with the intricacies of the cryptocurrency market, then you may not have a full understanding of Bitcoin Futures, one of the more recent developments in the cryptocurrency world.
But don’t worry; we’re here to help! In this article, we’re going to go over the basics of Bitcoin Futures and what this development means for the cryptocurrency industry as a whole.
About Bitcoin Futures: The Basics
Bitcoin Futures is a relatively new aspect of the cryptocurrency industry that has the potential to stabilize the market and also draw in new investors, sellers, buyers, and traders. To understand how Bitcoin Futures accomplish this, first you must understand how futures in general function.
Futures essentially function as an agreement to sell, buy, or trade an asset or commodity for a specific price at a specific point in the future (in this case, the asset is Bitcoin or another variety of cryptocurrency if applicable).
This adds both security and stability to the cryptocurrency industry because it provides a guarantee for both seller and buyer while also helping to minimize the overall risk of buying or selling cryptocurrencies.
Basically, futures are a type of contract which functions as a risk management tool that helps to protect users against price fluctuations and changing cryptocurrency values that may occur.
Click here for the full article: BITCOIN FUTURES 101: BASICS, IMPACT & FUTURE
This week we take a closer look at Bitcoin ETFs, to shed some light on what it is and the affect it might have on the overall market going forward.
ETF refers to an “exchange traded fund”, which is a passive investment tool that can track the underlying benchmark indexes. These are able to be traded just like common stocks on exchanges. When you are talking about Bitcoin ETFs, you are talking about a tool that tracks the Bitcoin bench index. It can replicate the daily performance and allow people who have these brokerage accounts to invest in the cryptocurrency without the concerns of storing, buying, and securing it. Before becoming available, it needs to be approved by the Securities and Exchange Commission (SEC). This is a very slow process that has yet to be accomplished at this time.
There are a few Bitcoin ETF applications that are currently in this process. One is the Winklevoss Bitcoin ETF, which has been awaiting approval since 2013. What makes Bitcoin ETFs so interesting to financial experts is not only does it have a high amount of daily liquidity but it also doesn’t have extreme charges involved in the process. Currently Bitcoin hasn’t been a part of the “institutional capital”, something that will completely change should these Bitcoin ETFs be allowed by the SEC. Some experts estimate that should these be allowed, at least $300 million would make its way into the fund just in the first week, and this would have a major impact on the price.
Click here for the full article: BITCOIN ETFS: EXCHANGE-TRADED FUND EXPLAINED
With Bitcoin currently under pressure from the bears we thought it an opportune time to look at the difference between the biggest cryptocurrency in the world and its often controversial brother, Bitcoin Cash.
Blockchain technology has sent shock waves through almost every industry on the planet with its potential to disrupt each in a significant way. Potential is the keyword here, because up until now there has been very little real-world disruption, with most crypto tokens still in the experimental stage. This is changing at a blustering pace as new projects come online and additional resources enter the space.
The Original Bitcoin
Bitcoin has been seen as the leader of this new famed tech ever since its mysterious & anonymous creator, Satoshi Nakamoto, first published the paper that started it all back in 2008. The now famous network first mined block No1 in January 2009, when the first transaction took place between Nakamoto and Hal Finney; the latter received 10 bitcoins as reward at a time when the mining difficulty was significantly less.
Today there is on average 200,000 transactions per day on the bitcoin network with an average block size of 0.78. Over 80% of the total bitcoin (Max 21 Million BTC) available has already been mined by the approximate 21 million active miners...
Click here for the full article: BITCOIN (BTC) VS BITCOIN CASH (BCH): BATTLE FOR THE TOP