Much Ow! Dogecoin Sets New All-Time Low Against Bitcoin On ...
Much Ow! Dogecoin Sets New All-Time Low Against Bitcoin On ...
DOGEBTC Charts and Quotes — TradingView
Dogecoin — TradingView
Dogecoin (DOGE) Price Analysis: Dogecoin Price Still ...
Dogecoin - Bitcoin Chart (DOGE/BTC) - CoinGecko
￼ ￼ Dogecoin surges to dizzying heights amid TikTok hype Oliver Knight July 9, 2020, 6:27 am Dogecoin, a longstanding staple of the cryptocurrency ecosystem, has been struck by a remarkably unexpected rally over the past 48-hours, with it now trading 82% higher against Bitcoin than it was two days ago. The meme-friendly digital asset, which was created as a joke in 2013, has emerged as a target for millions of TikTok users that claim it will rally all the way to $1. The #DOGE hashtag now has millions of posts on both TikTok and Twitter, with cryptocurrency exchanges responding by listing both futures and perpetual swap contracts of the cryptocurrency. This morning Binance revealed that as of tomorrow customers can trade Doge/USDT with up to 50x leverage. Bitfinex, meanwhile, announced that it will list MDOGE with a conversion rate of one million as it attempts to capitalise on the recent wave of hype. ￼ While a coin like Doge pumping unsustainably may seem like fun, investors should be wary about using leveraged products as it massively increases the risk of liquidation. To be clear, this is not financial advice but retail investors should be cautious about buying into an asset that has already made substantial gains on the back of a viral social media post, especially when Doge has been the recipient of a number of pump and dumps over the past two years. Looking at Dogecoin’s chart, the current level of 50 sats has been a historical point of support and resistance dating all the way back to 2015, which means price may be halted here unless another wave of volume comes in. For more news, guides and cryptocurrency analysis, click here. Update privacy choices
Bitcoin vs. Altcoins: Which rocket will fire first?
As always, we present the latest findings and insights in the crypto world every 14 days. About 8 weeks ago, we wrote in our report for the first time in a long time that we assume that the altcoins will make another strong comeback. From today's perspective, we have hit the bull's eye. The current situation on the market is interesting: It seems that we are in a panic phase in which everyone is looking for the next big Altcoin pump. Good examples of this are the sometimes irrational rise in Dogecoin's price or the multitude of extremely bullish tweets about some DeFi tokens on Twitter. In this report we look at the "boring" Bitcoin course and the altcoins. On the one hand, we ask ourselves how BTC is as digital gold given the fact that gold is on the way to an absolute all-time high. On the other hand, we want to see if there is any further upside potential for the alts.
The Altcoin casino is in full swing
Two weeks ago we looked at the Bitcoin dominance chart. We were able to identify an upward channel. A look at the chart below shows that this channel has clearly been broken down. The Altcoin casino is in full swing and shows how much interest (and longing for big profits) is among many investors. Let’s finish dominance and take a look at the NASDAQ DeFi Index. Since September 2019, NASDAQ has listed a DeFi index that tracks MakerDao, Augur, Gnosis, Numerai and 0x. Admittedly, the currently large projects such as COMP, Lend, KNC and SNX are missing. Here too we can see that the DeFi market (according to the index) has been in the consolidation phase for a few days. However, if we look at other projects like the ones just mentioned (COMP, LEND, etc.) or Dogecoin, we can see that there is still positive momentum in the Altcoin market. It is important to understand that you should not be tempted by FOMO. The entire DeFi market is in a young phase, growth has been high in the last few weeks, and investors should, therefore, expect consolidation before any further growth phase begins.
Bitcoin and altcoins: an overview of on-chain metrics
In contrast to chart analysis, on-chain metrics help us to understand more complex relationships and to identify long-term or sustainable trends. In this case, we are now looking at a chart that shows us when Bitcoin was last moved: We can see that the last time that so many BTC were not moved was in January 2016. This time marked the end of a bear market. Let us be surprised by how the current journey will continue from here.
Ethereum Net Flow: What about the ETH offering on exchanges?
In addition to Bitcoin, we also want to look at Ethereum. We start with a well-known graphic: the netflows from Exchanges. Here we can see over the period from mid-March that more Ethereum (ETH) flowed from exchanges than to the stock exchanges themselves. The peak was June, in which around 800,000 ETH more flowed from exchanges than went to them. Long story short: We see a shortening of the offer on the stock exchange, which is logically bullish for Ethereum. In summary, we can say that the entire crypto market is currently in good condition. Bitcoin is stable at over $ 9,000 and some altcoins have been picking up speed over the past few weeks. At the same time, BTC dominance decreases, which gives the altcoins further scope. The on-chain metrics fit into this sentiment and make us bullish.
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Dogecoin (DOGE) Is The Only Major Cryptocurrency That Is Stable During This Nuclear Bear Market
https://preview.redd.it/z76m15peo2421.png?width=353&format=png&auto=webp&s=0133feb7677997395cd5032a9cf41bc1746cac4a http://genesisblocknews.com/dogecoin-doge-is-the-only-major-cryptocurrency-that-is-stable-during-this-nuclear-bear-market/ Every day I do a deep dive market analysis on my radio show, and most of the focus recently has been how the bottom fell out of the crypto market, in what I call a nuclear bear market. However, there is one cryptocurrency that is not getting rekt during the nuclear bear market, and that is Dogecoin (DOGE). The market cap of Dogecoin has consistently stayed at about USD 250 million, while all other major cryptocurrencies decline. In other words, Dogecoin is outperforming all other major cryptocurrencies over the past month, including Bitcoin, Ethereum, XRP, Dash, Monero, Litecoin, etc. https://preview.redd.it/35vhl2oho2421.png?width=1256&format=png&auto=webp&s=3ba13ebd0bb51c5544bd4b83a5731ae7538a0490 In the above 1 year chart from CoinMarketCap it can be seen that Dogecoin has an obvious bottom around USD 250 million market cap. The nuclear bear market has been defined by the bottom falling out for major cryptocurrencies, especially Bitcoin which plummeted below its USD 5,800 support level. For Dogecoin the bottom has not fallen out at all, its holding strong. Literally, if people would have kept their money in Dogecoin since the Bitcoin Cash fork, they would not have lost any money. Why is this the case? It’s because Dogecoin has a fundamental demand and support level due to its expansive community. The Dogecoin community likes to hold on tight to their Dogecoins, and there is real economic activity fueled by Dogecoin. Most cryptocurrencies are not actually used as a currency, but Dogecoin is. Dogecoin is one of only 8 cryptocurrencies that actually has ATMs, which allow Dogecoin to be traded in real-life instantly for cold hard cash. There are 80 Dogecoin ATMs worldwide. The truth is Dogecoin is an obvious top choice for cryptocurrency investors, since it is stable in the worst of times, and ready to skyrocket when the next big crypto rally comes.
Here is why your "technical analysis" is completely useless and pointless.
I've seen so many "TAs" posting their analysis here or youtube, blogs and some have even made it to the news. One thing to understand is that Technical Analysis relies on historical trade data to be accurate. Traditional Charting software is built to filter out anomalies such as outlier spikes or in case of stocks to adjust for splits. So, historical data needs to be accurate. The crypto market is unregulated so it has been manipulated since the very near beginning. Here is an example of the infamous Wolong boasting about his pump&dump scheme. He/They even released their own coin Pandacoin (one of many with the same name) purely to pump and dump. Wolong "recruited" people to join his pump and dump schemes at a cost, people would join his secret mail list and IRC meetings. They pumped and dumped various coins for at least 2 years that I kept track off. He/They were very likely not the only ones, and after Wolong boasted openly other groups formed, some of them with really deep pockets. here are few samples of requests to join such groups sent to me in reddit edit: 2nd message is my reply as the perpetrator had deleted his account already. So, the point is cryptos have been manipulated all along, from the most popular down to the shitcoins. Major movements in cryptos are not largely influenced with what was on the news, if there was a hack or some new tech was introduced or some regulatory decision... the manipulators are the ones directing the movements. So using "historical data" to do any technical analysis is useless and pointless. The only thing they are good for is to rile up people into an expectation that manipulators can use one way or another.
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Market Analysis: Bitcoin (BTC) Drops Below Critical $3,900 Level, All Major Cryptocurrencies Down More Than 10%, Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), EOS, Cardano (ADA), IOTA, and Monero (XMR) Down 15 Percent
https://preview.redd.it/jvwd96r80n921.png?width=690&format=png&auto=webp&s=8081d2134bc187cfb38cc005ae811e0d8cd5756f https://cryptoiq.co/market-analysis-bitcoin-btc-drops-below-critical-3900-level-all-major-cryptocurrencies-down-more-than-10-ethereum-eth-bitcoin-cash-bch-litecoin-ltc-eos-cardano-ada-iota-and-monero/ Bitcoin (BTC) has dropped $430 (11 percent) to $3,590, placing it well below the critical $3,900 level. $3,900 has been the level to watch since that was the price of Bitcoin when the December futures contract expired on CME and is likely the level where CME Bitcoin futures traders took out their positions for the month. Bitcoin (BTC) has faced stiff resistance at the $3,900 level multiple times this month but managed to go above it the past few days after a short squeeze, which was likely caused by Bitfinex temporarily closing down for server migration. Now, however, Bitcoin (BTC) is back below this key level. This suggests that CME Bitcoin futures traders largely went short for January. A past Crypto.IQ article details how CME Bitcoin futures expiration dates have a strong connection to Bitcoin’s price behavior. Image courtesy Bitcoinwisdom.com. Top is Bitcoin price in USD on Bitstamp, bottom is volume in Bitcoins. White line is $3,900 level. Although this is the biggest Bitcoin (BTC) price plunge yet of 2019, several other major cryptocurrencies are doing worse and are down more than 15 percent including Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Cardano (ADA), IOTA, EOS, and Monero (XMR). This breaks a month-long rally for Ethereum (ETH), Tron (TRX), and Litecoin (LTC), which saw gains of 90 percent, 165 percent, and 75 percent respectively before today’s price drop. Ethereum (ETH) had been rallying on speculation regarding the Constantinople hard fork, coming less than a week from now, since the fork will lower the Ethereum inflation rate by slashing block rewards from three ETH to two ETH. There will also be several new features implemented such as better developer tools and lower transaction fees. The slashing of block rewards and the decision to implement ProgPoW which makes ASICs far less efficient may cause a battle between Ethereum miners and developers. Crypto.IQ speculated that the Ethereum (ETH) Constantinople fork could result in similar tension to the Bitcoin Cash (BCH) fork in November 2018. If this prediction is accurate, a crash in Ethereum’s (ETH) price may ensue. Perhaps the amplified Ethereum (ETH) price drop overnight is due to uncertainty about what will happen when the Constantinople fork launches in less than a week. Notably, Ripple (XRP) has now taken the number two spot on CoinMarketCap since Ripple (XRP) is “only” down 10 percent today while Ethereum (ETH) is down 15 percent. Dogecoin (DOGE) has shown resilience today and is only down seven percent. It has been observed that Dogecoin (DOGE) is less severely impacted by broad price drops in the crypto-space. This is possibly due to Dogecoin (DOGE) having a strong community and simultaneously not being a common choice for speculators. Many more cryptocurrencies than those mentioned in this analysis are down 10 percent or more, and $15.5 billion (11.2 percent) was slashed from the total crypto market cap overnight. Currently, the total crypto market cap is $123 billion, which is still well above the bear market low of $100 billion that we saw during mid-December 2018 when Bitcoin (BTC) hit $3,120 on Bitstamp. It is too soon to say a bottom is in for the crypto market, and if short sellers on CME really are in control this month, as data suggests, then it is possible Bitcoin (BTC) will decline further this month. A re-testing of bear market lows near $3,100 is not out of the question.
Market Analysis: Bitcoin (BTC) Encounters Strong Resistance at $3,700 Level During Rally, Crashes To $3,500. All Major Cryptocurrencies in the Red
https://preview.redd.it/sd2ka44qknb21.png?width=690&format=png&auto=webp&s=db41a15d099a312c3ebe8c584809a92b30dc9553 https://cryptoiq.co/market-analysis-bitcoin-btc-encounters-strong-resistance-at-3700-level-during-rally-crashes-to-3500-all-major-cryptocurrencies-in-the-red/ Over the last 48 hours, the crypto markets have returned to a state of turbulence after several days of stable conditions. The price of Bitcoin (BTC) rapidly rallied from $3,630 to $3,775 on Jan. 19. The entire rally lasted less than 30 minutes, suggesting it was fueled by automated trading bots responding to a short squeeze. The price of Bitcoin (BTC) then stabilized towards the $3,700 level, which has been a dominant resistance level since Jan. 10. Today, Bitcoin (BTC) crashed from $3,700 to $3,470 and has since then recovered to $3,530. Overall, Bitcoin (BTC) is down four percent in the past 24 hours. It is apparent that $3,500 is the support level to watch and $3,700 is the key resistance level, and these levels have been dominant for 10 days. It is possible that today’s crash is related to the CME Bitcoin futures contract expiration on Jan. 25. It is generally observed that Bitcoin’s (BTC) price declines in the days leading up to a CME futures contract expiration. This is due to a practice called banging the close, where futures traders manipulate an asset to crash right before expiration in order to increase short-selling profits. Certainly, January has been dominated by short sellers, with short positions likely taken out at the $3,900 level just after the December futures contract expired. All other major cryptocurrencies are down today. Ripple (XRP) is down 3.3 percent; Ethereum (ETH) is down 4.2 percent; Bitcoin Cash (BCH) is down 5.5 percent; Bitcoin SV (BSV) is down 2.8 percent; EOS is down 4.7 percent; Stellar (XLM) is down 3.3 percent; Litecoin (LTC) is down five percent; Tron (TRX) is down 1.8 percent; IOTA is down 4.8 percent; Monero (XMR) is down 4.2 percent; Dash is down 5.9 percent; and Dogecoin (DOGE) is down 1.7 percent. Dogecoin (DOGE) continues to show robustness in the face of broad crypto space declines with much less of a loss than other major cryptocurrencies today. Ethereum (ETH) will likely continue to face turbulence in the coming weeks due to the Constantinople hard fork scheduled for late February. The fork is perhaps more unpopular than ever due to the fork being delayed as well as an accidental chain split. The total cryptocurrency market cap has decreased to $120 billion, still 20 percent above bear market lows set in mid-December. Bitcoin (BTC) and the rest of the crypto market are only one crash away from retesting bear market lows, and a crash is quite possible considering the weakness in the Ethereum (ETH) market and the coming CME Bitcoin futures contract expiration on Jan. 25.
About OOOBTC Exchange https://preview.redd.it/ra63h6h7vnv21.png?width=1899&format=png&auto=webp&s=5deb6978b27de1613dc49501bbf50d46fa27b16e OOOBTC is a cryptocurrency exchange that offers trading to its users by providing a proper trading platform with charts, some indicators and some charting and analysis tools, which can be quite useful for more advanced traders. It only offers the option to exchange the supported cryptocurrencies for each other. They cannot be sold or bought for fiat currencies. In addition to it, it also offers 2-factor authentication and encryption of the user's information. #ooobtc #obx #IEO #exchange #crypto #bitcoin #ethereum #launchpad #blockchain #toqqn #dogecoin #Btk #usdt #Btcone #OVC www.ooobtc.com
Daily Market Analysis: Mini Bitcoin (BTC) Rally Stomped Out; Litecoin (LTC) and Tron (TRX) Rally
https://preview.redd.it/gohftiv3bb921.png?width=690&format=png&auto=webp&s=cc49be4e296ca272c29e6fd58b7dac6122ce8edf https://cryptoiq.co/daily-market-analysis-mini-bitcoin-btc-rally-stomped-out-litecoin-ltc-and-tron-trx-rally/ Things got a tad exciting today during the morning hours, Eastern time, with the price of Bitcoin (BTC) steadily surging from $3,975 to $4,112 on Bitstamp, which is the highest Bitcoin price of 2019 so far. It seemed like perhaps Bitcoin was finally leaving that key resistance level of $3,900 in the dust, but the mild euphoria did not last for long. Bitcoin came back down to Earth, and is oscillating close to the $4,000 level as of this writing at 6 p.m. EST. It looks like Bitcoin cannot escape the gravity of the $3,900 level, which is possibly the level where Chicago Mercantile Exchange (CME) Bitcoin futures traders placed their short bets. That’s because $3,900 was the price of Bitcoin after the December 2018 contract expired. Certainly the $3,900 level is a key point of interest this month. If Bitcoin crosses back below $3,900 a more significant drop could follow. If Bitcoin persists above $3,900 and rallies beyond $4,000, then perhaps this month could be a rally after all. The total cryptocurrency market cap surged from $134.5 billion to $138.5 billion during today’s mini rally and currently sits near $136 billion. Therefore, today is a slight up day for the crypto market. Litecoin (LTC) and Tron (TRX) lead the way with 4 percent and 12 percent increases, respectively. EOS is the only other major cryptocurrency that is up today with a one percent increase. In the past month, Litecoin has rallied from $23 to $40 (74 percent), and Tron (TRX) has rallied from 1.27 cents to 2.65 cents (109 percent). During the same period of time, Bitcoin (BTC) has rallied from $3,120 to $4,000 (28 percent). Major cryptocurrencies that have declined today include Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), and Ripple (XRP) with losses of less than one percent. Bitcoin SV (BSV), IOTA, and Dash are down two percent. Ethereum Classic (ETC) declined 10 percent yesterday on the news that a 51 percent attack occurred. Despite more information today revealing that 15 separate attacks happened, and $1.1 million of double spends have occurred, Ethereum Classic (ETC) has been quite stable. The Ethereum Classic (ETC) debacle may be dragging down Ethereum (ETH) slightly as well since the 51 percent attacks have sparked debates in both communities over whether ASIC miners should be banned. Overall, today was a bit underwhelming and perhaps depressing since the attempt at a Bitcoin (BTC) rally ended up getting squashed. The Dow Jones Industrial Average (DJIA) going up 1,000 points in the past 4 days is possibly making it harder for Bitcoin (BTC) to rally. If the stock market continues to show signs of strength, stock traders will not use Bitcoin (BTC) as a safe haven asset. The DJIA is 2,000 points above lows set on Christmas Eve, overriding many economic parameters and defying analysis that perhaps suggested a big stock crash was imminent.
https://cryptoiq.co/market-analysis-crypto-market-down-slightly-following-vaneck-solidx-bitcoin-etf-cancellation-jan-25-cme-futures-expiration-likely-suppressing-bitcoins-price/ Bitcoin (BTC) attempted a rally this morning from $3,580 to $3,620, but downward pressure kicked in, and Bitcoin declined back to $3,580. In the afternoon, news broke that the VanEck SolidX Bitcoin exchange traded fund (ETF) had been withdrawn, meaning there will be no Bitcoin ETF for the foreseeable future. This announcement coincided with a downward movement to $3,520, but now Bitcoin has recovered to $3,550 as of this writing. Overall, Bitcoin is down one percent on the day, and several major cryptocurrencies have followed Bitcoin downwards. Ripple (XRP) is down 1.3 percent, Ethereum (ETH) is down 1.6 percent, EOS is down 1.4 percent, Stellar (XLM) is down 2.2 percent, Bitcoin SV (BSV) is down 0.6 percent, IOTA is down 3.5 percent, Monero (XMR) is down 2.4 percent, Dash is down 1.6 percent, and Dogecoin (DOGE) is down 0.8 percent. Not all major cryptocurrencies are down today ho, ever. Bitcoin Cash (BCH) is up 2.2 percent, Litecoin (LTC) is up 0.3 percent, and Tron (TRX) is up 0.9 percent. The bears have won the day though, and the total crypto market cap has declined from $121 billion to $119.5 billion. Most of this market cap decline happened following the news that the VanEck SolidX Bitcoin ETF had been withdrawn. The fact that the $3,500 Bitcoin support level is holding strong despite this negative ETF news may be a bullish indicator. The $3,500 level has been in place since Dec. 19 and may be a sign that a bottom is forming. Further, the CME and CBoE Bitcoin futures markets are experiencing backwardation, meaning people are paying more to get Bitcoin now rather than later, which can be a bullish sign. Also, the Wyckoff chart suggests a bottom will be happening right around the beginning of February. One major factor that may be suppressing a Bitcoin and crypto rally is the CME Bitcoin futures expiration on Jan. 25. It is clear that futures traders took out short positions at $3,900 at the beginning of the month, and it will be hard for Bitcoin to rally until the expiration is done, since usually Bitcoin declines into the expiration on months where traders went short. The fact that $3,500 is holding strong right before the CME expiration is a positive sign since it may mean that short selling cannot push the market lower. This would mean that, in February, CME Bitcoin futures traders — and other futures traders — could go long which could spark a rally. It will take up to a week after the Jan. 25 expiration to know for sure which way futures traders are betting, however.
Market Analysis: Major Cryptocurrencies In The Red after Cryptopia Hack and Ethereum (ETH) Constantinople Delay
https://preview.redd.it/jxzs15iz7oa21.png?width=690&format=png&auto=webp&s=02fe93685dfbcbbb8c528a42b3a1c62c43e4c2ee https://cryptoiq.co/market-analysis-major-cryptocurrencies-in-the-red-after-cryptopia-hack-and-ethereum-eth-constantinople-delay/ The crypto space has been plagued by bad news today. In the early morning, it was revealed that Cryptopia had been hacked and may be shut down long term. There are some allegations that this is an exit scam rather than a hack. Cryptopia had been used as the main exchange for numerous small-cap altcoins, and this hack may be a critical blow to such coins. The panic from multiple different small-cap cryptocurrencies collapsing due to the loss of Cryptopia has been enough to tinge the entire crypto space with negativity. The total crypto market cap declined from $124 billion to $122.5 billion throughout the day after the Cryptopia news broke, with Bitcoin (BTC) declining from $3,670 to $3,630. Then things got worse. Ethereum’s (ETH) dev team delayed the Constantinople hard fork indefinitely due to a critical security bug. This delay comes only a day before the scheduled deployment of the fork. This creates a confusing situation where users who were urged to upgrade to Constantinople must now upgrade again to get rid of Constantinople. There is fear, uncertainty, and doubt throughout the Ethereum (ETH) community, and the integrity of the fork’s code is being called into question. Already the Constantinople fork was to be tension filled due to the disenfranchisement of miners, and this delay may inflame the situation and make a negative outcome more likely. After news broke of the critical security bug in Constantinople and the subsequent delay, Ethereum (ETH) quickly dropped from $130 to $120 (8 percent). Bitcoin (BTC) quickly dropped from $3,630 to $3,530 but has since recovered to $3,575. The total cryptocurrency market cap declined another $2 billion to $120.5 billion, down $4 billion (3.2 percent) on the day. All other major cryptocurrencies are down as well today. Ripple (XRP) is down two percent, Bitcoin Cash (BCH) is down four percent, Bitcoin SV (BSV) is down five percent, EOS is down three percent, Stellar (XLM) is down three percent, Litecoin (LTC) is down four percent, Tron (TRX) is down three percent, Monero (XMR) is down two percent, Dash is down four percent, and Dogecoin (DOGE) is down three percent. The CBoE Bitcoin futures contract expiration is tomorrow Jan. 16, and although a less significant event than the CME Bitcoin futures contract expiration, it could also be a force behind today’s Bitcoin (BTC) price decline. The fallout from the Cryptopia hack and Ethereum (ETH) Constantinople fork delay will likely result in additional negative market fallout over the next day. We’ll be watching and reporting.
https://preview.redd.it/3wzbwv5z0hc21.png?width=690&format=png&auto=webp&s=79786c4331e4c235d751799f5bdc1989d0068761 https://cryptoiq.co/market-analysis-bitcoin-btc-slowly-rising-today-litecoin-ltc-monero-xmr-and-dash-dash-rally/ Bitcoin (BTC) has slowly risen from $3,525 just after midnight eastern United States time to $3,575 currently, up 0.9 percent in the past day. Earlier this afternoon Bitcoin (BTC) almost hit $3,600. It appears any moves past $3,600 quickly fizzle out, and the $3,600 resistance level has been in place since Jan. 20. The support level for Bitcoin (BTC) is $3,500 and has been in place since Dec. 19. Thus, Bitcoin (BTC) has currently stabilized in a narrow trading range between $3,500 and $3,600. For the most part, other major cryptocurrencies have followed Bitcoin’s (BTC) slow upward trend today. Ripple (XRP) is up 0.9 percent, Ethereum (ETH) is up 0.4 percent, EOS is up 0.9 percent, Stellar (XLM) is up 0.2 percent, Tron (TRX) is up 1.7 percent, IOTA is up 0.3 percent, and Dogecoin (DOGE) is up one percent. Some cryptocurrencies have rallied more strongly today. Litecoin (LTC) is up three percent, Monero (XMR) is up 3.6 percent, and Dash (DASH) is up 4.2 percent. Overall the total crypto market cap has risen from $119 billion to $120.5 billion through the day. The only losers on the day are Bitcoin Cash (BCH) and Bitcoin SV (BSV) which are down 1.5 percent and 0.8 percent respectively. The CME Bitcoin futures expiration is tomorrow, and this will perhaps be a fresh start for the crypto market. It is likely that CME Bitcoin futures traders largely took out short positions at $3,900 after the December futures expiration, and this short selling pressure may be inhibiting all of the attempted rallies during January so far. There is strong support at $3,500 for Bitcoin (BTC). The negative news that the VanEck SolidX Bitcoin ETF had been withdrawn was not able to drop Bitcoin (BTC) below $3,500, despite Bitcoin (BTC) sitting close to that level when the news broke. It would probably be risky for CME futures traders to go short on Bitcoin (BTC) again in February. Therefore, it is possible they will go long, and if that happens, a significant rally would take place in February. However, it will take up to a week after the CME Bitcoin futures expiration tomorrow to ascertain whether CME futures traders have collectively gone short or long for February.
Your Ultimate Timeline of the ETH News in Feb (100% Human Analysis & Curation)
Hi ETH community. At CoinLive, we've covered ETH news all month long (human curation and analysis). I'd like to provide a collection of the fundamental news in Feb, with links to the news. By next week, we expect to incorporate the events plotted on the charts too. If you want to be notified, read at the bottom.
*** You will be able to find all these news well organized and structured in our News Terminal at www.coinlive.io. We work around the clock to deliver the news that matter in a way that is concise, relevant, insightful. Feel free to subscribe to our newsletter via the homepage to receive the charts with the events plotted. Stay tuned!
Market Analysis: All Major Cryptocurrencies Up 4-10 Percent, Tron (TRX) Rallies 15 Percent
https://preview.redd.it/b5m4txn0zga21.png?width=690&format=png&auto=webp&s=5bca74656c8541e6c18eaaf77496e6ba8b42fe95 https://cryptoiq.co/market-analysis-all-major-cryptocurrencies-up-4-10-percent-tron-trx-rallies-15-percent/ The crypto market has been like a rollercoaster the past couple of days. Yesterday, Bitcoin (BTC) plunged from $3,620 to $3,500 in less than 30 minutes, and today, Bitcoin rallied from $3,530 to $3,670 in about an hour. Afterward, the price of Bitcoin slowly increased to $3,700 but has now dropped a bit and is near $3,660 as of this writing. This represents a four percent gain for Bitcoin (BTC) in the past day. Other major cryptocurrencies have done even better. Ripple (XRP) is up five percent; Ethereum (ETH) is up 10 percent; Bitcoin Cash (BCH) is up six percent; Bitcoin SV (BSV) is up five percent; EOS is up nine percent; Stellar (XLM) is up five percent; Dash is up five percent; Dogecoin (DOGE) is up four percent; and Litecoin (LTC) is up six percent. IOTA, which is the number one directed acyclic graph (DAG) cryptocurrency is up five percent. The privacy coins Monero (XMR) and Zcash (ZEC) are both up six percent. The biggest success story of the day is Tron (TRX) with a 15 percent rally. Tron (TRX) has truly been on a rollercoaster this past month with a 170 percent price increase followed by a 36 percent price drop, and now today’s rally. Today’s price action could possibly be a double peak, which is common when speculative bubbles pop. Yesterday it was speculated that the current Tron (TRX) market may turn into a pump and dump. The rallies of all major cryptocurrencies have caused an increase in the total cryptocurrency market cap from $117 billion to $123.5 billion (5.5 percent). Currently, the cryptocurrency market cap is almost exactly the same as it was before yesterday’s crash. Therefore, today’s price action has simply recovered yesterday’s losses. Ethereum (ETH) is perhaps back to rally mode because of speculation that the Constantinople hard fork coming in less than a few days will be a good thing for Ethereum (ETH) since it slashes the inflation rate and lowers transaction fees. Ethereum (ETH) has gained ground on Ripple’s (XRP) market cap and is only $300 million away from re-taking the number two spot, whereas yesterday Ethereum (ETH) was $900 million behind Ripple (XRP). Miners are the ones losing out from the slashing of the Ethereum (ETH) inflation rate, i.e. the block reward, from three Ether to two, and tension between miners and developers may cause price turbulence for Ethereum (ETH) and ERC-20 tokens in the coming weeks. Numerous cryptocurrencies in the top 100 on CoinMarketCap are ERC-20 tokens. Perhaps an event that could influence the crypto market in coming days is the Bitcoin futures expiration on the Chicago Board Options Exchange (CBoE) on Jan. 16. January appears to be a month dominated by short sellers, so perhaps short sellers on CBoE will bang the close and cause Bitcoin’s (BTC) price to decline right before expiration to increase their short-selling profits. $3,900 continues to be the level to watch since that is likely where Bitcoin futures traders on CME took out their monthly short positions. Bitcoin (BTC) has some freedom to go upwards before encountering strong resistance at that level. As the Jan. 25 CME Bitcoin futures expiration approaches, the chance of a Bitcoin (BTC) price drop becomes more likely.
Here's why I predict Dogecoin will increase 20x in the next 2-3 weeks...
It's an arbitrary number, but I believe Dogecoin will increase substantially in value over the next couple of weeks. It's meaningless, but I predict Doge will go up to USD 0.025 per coin in the next 2-3 weeks. Reason 1: The number of transactions the last 24 hours for Dogecoin: 5,471. The number of transactions for Bitcoin: 2,538. This is very surprising, especially considering many are hoarding Dogecoins, expecting the value to go up. I am assuming that a greater % are hoarding Dogecoins than Bitcoins. Reason 2: Now take a look at the following chart (select "3 months" on the right) and let me know if that doesn't get you excited: http://bitinfocharts.com/comparison/sentinusd-btc-doge.html People are sending nearly as much DOGE as Bitcoin! As of this writing, in the past 24 hours people have send USD $194,478,411 worth of Dogecoin and USD $420,470,695 worth of Bitcoin. That's nearly 50% as much. But Bitcoin has a market cap of 16,200% more than Dogecoin. Reason 3: As of Jan 30, people can now purchase Dogecoins with USD or CAD without having to buy Bitcoin first. VaultofSatoshi was the first to offer it but more exchanges should be allowing it soon. The big question is how many of the above Bitcoin transactions were people wanting to purchase Dogecoins? Reason 5: As more people want to participate in Bitcoin they will discover Doge. Bitcoin is seen as "expensive" whereas Dogecoin is seen as very cheap. For USD $1 you can pick up hundreds of Dogecoins. Reason 6: As more merchants use Bitcoin they will look to alternatives where the confirmation time isn't as much. (Bitcoin's confirmation time is 600% longer than Dogecoin) Reason 7: Dogecoin will have 3,000x more coins than Bitcoin. But Bitcoin is 550,000x more expensive than Dogecoin, per coin. That's still a multiple of about 180x if there were just as many coins. This is not a market analysis by any means, and I'm sure some of my math is off but I think you get the idea. [edited 3k to 3kx]
Dear fellow shibes, I´m glad to see so many of you have participated in the discussion to my last post. Today I want to continue dogecoin analysis with the second part. As I mentioned last week, we stood at a critical point for the dogecoin price, because of a very low trade volume. But then the volume increased rapidly the last seven days, which had the effect of a higher volatility and a rising price. But why did this suddenly happen? From my point of view the bitcoin troubles caused by Mt.Gox (as I already wrote last week halfening was priced in already so it did not impact the price) definitely were the reason. The problems they have with their withdrawal system scared many bitcoin investors, and led to panic. A lot of bitcoiners sold their btc portfolio to minimize risk. This sort of created a negative spiral and led to a price of 650 USD per btc (atm). And that is why dogecoin did a small leap towards the moon during the last days. The bitcoiners sold their btc and bought other major altcoins instead. You can see this by looking at the traded volume in currencies like doge, ppc, ltc, nmc,… on the 10. and 11. of February. The negative correlation to btc and the function as a save heaven helped dogecoin increase its value. But due to this sudden spike many shibes wanted to safe their profit and already sold their doges, which got us back to 220 satoshi (right now). But please don’t worry. That is a complete normal market reaction and I think if we can hold a level between 160 and 200 satoshi everything should be fine. (http://imgur.com/CgpIc3K) In the picture you can see the three week candle stick (2h) chart of doge/btc. The first indicator beneath is the volume and the second the RSI (Relative strength index) or also called stochastic. I drew the Fibonacci retracements in the chart combined with three trend lines, Fibonacci Fans and two moving averages (one fast, one slow). There also is another point I want to talk about. Last week I heavily discussed the crypto topic with some other investment bankers. I also read a research paper written by an JP Morgan senior analyst about cryptos. It is very nice to see that other big banks care about this topic, too. And they all think alternate coins are a very brilliant idea. But there also are some problems: They mentioned points like money laundering, the missing acceptance in stores and a generally low trade volume. A Managing Director also wishes to trade instruments like CFDs or Options on altcoins. But the main problem clearly is the missing acceptance of altcoins. If we are able to spread the acceptance of especially dogecoin as a payment method in very much shops around the world (and definitely on the moon), more and more shibes would use doges to pay their goods and the doge community would grow faster than it already does. We are on a very good way right now and we also couldn´t do all that over night (perhaps if we start the skyrocket). A very nice step would also be to convince Amazon or Google to have their merchandise paid in doge or perhaps in bitcoin. That would make altcoins more popular and we would land on the moon sooner. I´m looking forward to your thoughts financedoge
Greetings everyone. I am posting a draft of some of the sections of the new website. They are a work in progress and any input on this content or anything else you would like to see on the new site is appreciated! The website will be focusing on educating investors of all ability so that they can understand the crypto-currency markets and make wise decisions within them. Without this understanding, our markets will not be able to efficiently, and with confidence, allocate capital to the true pillars of this new economy. Note: Most of my updates can be seen directly here. I expect to have this completed by the weekend so that we can hopefully have the new site up and running. Even once up, there will be lots of work to do to really perfect it.
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Released in late June 2013, Cryptogenic Bullion was designed primarily with wealth preservation in mind. With its accelerated mining period, and fast declining inflation, Cryptogenic Bullion is now entering it’s final stage as an interest bearing, low inflation, cryptographic digital asset.
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About CGB: Cryptogenic Bullion is a digital asset with all of the qualities of money. It is a descendant of Bitcoin, but employs an advanced security model which is more efficient and more secure than Bitcoin. The problems of today's debt based fiat currencies find solutions in cutting-edge decentralized cryptographic currencies like Cryptogenic Bullion. Designed to function as a store of wealth, CGB's fundamentals emulate the properties and supply of gold. While Cryptogenic Bullion shares many traits with Bitcoin such as fast global payments, decentralization, pseudo-anonymity, and non-reversible transactions, there are many improvements which allow CGB to more reliably store wealth. A critical requirement for storing wealth is a low inflation rate. Cryptogenic Bullion is a very rare exception in that it has nearly completed its volatile inflationary stage and settled into its maximum yearly inflation rate of 2%. It also allows prudent savers of Cryptogenic Bullion to earn up to 1.5% interest on funds left unspent in their wallets for at least 30 days. Crypto-currencies are finding support among a massive and diverse range of participants. For newcomers, a visit to one of the following pages would be beneficial depending on your current level of understanding and intention. Cryptogenic Bullion emulate the properties of gold, a classic safe-haven asset, and also represents a part of the movement towards a more fair and honest system of money. For more details on why and how, see the Fundamental Knowledge section. To quickly learn more about the crypto-markets, see the Investor Brief section. For analysing market dynamics, see the Market Fundamentals section. Specifications
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Team: Fundamental Knowledge: In order to understand the need for cryptographic currencies like Bitcoin and Cryptogenic Bullion, we must consider a number of fundamental challenges with our current financial system, and the solutions that cryptographic currencies provide. The world's currencies are referred to as debt-based fiat currencies because they are not backed by a physical asset like gold, and can burden up to 30 participants with debt for each actual dollar in reserve, creating the potential for bank runs. It helps to realize that when a credit card is used to purchase something, dollars are created , and when you pay it off, dollars are destroyed. This scheme is referred to as fractional reserve banking and can not happen in a digital currency system without the owner's knowledge because the supply is strictly controlled by a decentralized protocol. We are beginning, as a society, to understand the dangers and inefficiencies found in centralized systems as corruptions and self destructive processes manifest themselves with no true remedy. As our society looks for answers, they are being found in technological advances which allow us to connect with each other in more meaningful ways which do not require a third party. Cryptographic currencies provide the convenience of cash, with neither the excessive centralized printing, nor the potential for censorship or sanctions which block the transmission of funds. A new economy is forming with various crypto-currencies attempting to fill different roles within the ecosystem. It is imperative that we capitalize these technologies through careful investment to allow for the necessary development which will enable them to be a major part of modern society. To quickly learn more about the crypto-markets, see the Investor Brief section. Trust in crypto-currencies must begin with a basic understanding of how the system functions and how to use it. Technology has existed for decades now which allow us to verify that a message was signed by an individual. This authentication technology is now used to prove that the holder of a private wallet has sent funds form that wallet to another. Keeping this key secret is the responsibility of each participant and this responsibility is the price for the freedom enabled by cryptographic currencies. Every transaction that has ever occurred is recorded in a distributed ledger which proves the current balance of all wallets in order to validate further transactions. Blocks created every 60 seconds containing all of the new transactions are added to the top of the block chain and further serve to set all previous blocks in "cryptographic" stone. For more details on how CGB's decentralized protocols provide trusted security and honest money, see the Papers and Articles section. In order to get a glimpse of what the future cryptographic currency ecosystem could look like we must accept that there are many different roles to fill, and it is difficult for one currency to efficiently fill all roles. A store of wealth, like Cryptogenic Bullion (CGB), must have a low inflation rate to preserve capital and reduce volatility. Stability can also be encouraged if the bearer is allowed to earn interest on savings stored unspent for a specified length of time. A currency, like Dogecoin (DOGE), must have a higher inflation rate to slightly exceed the adoption rate. This provides liquidity and encourages spending which furthers the expansion of the participant base. A market gateway, like Bitcoin (BTC), must also have a higher inflation rate to match adoption so that liquidity is maintained which enhances the access to each of its markets. The market gateway also insulates the cryptographic currencies and stores of wealth from the market fluctuations caused by volatile shifts in demand for fiat currencies vs. crypto-currencies as a whole. For more information on these dynamics, see the Market Fundamentals section. Frequently Asked Questions: Categories
I'll test with a single graphics card to see if the "cheating" works.
Meat and Potatoes (Such Dinner)
The DogeCoin community is more charitable than any other community at the moment and we should continue to do so! We've raised thousands of dollars for a variety of charities and it's a good start!
We need to continue to overfund, beat deadlines, and blow people out of the water when it comes to getting money for these charities. Remember the India Luge Charity, how long did that last?
What about other things, what about Tithing?
Tithing is important, depending on your beliefs. Tithe when translated actually means 10%, that's a good starting point, 2 Corinthians 9:7, Proverbs 3:9, Luke 16:10. Now I'm not one to start a "Atheism vs Christianity" debate, that always ends badly. I just want to raise the point of what I believe and regardless of what you do, how it can be useful.
Now your Church and other favored charitable organizations, might not accept BitCoin or DogeCoin, so there might be some problems to "Honor the Lord with your wealth and with the Firstfruits..." without running into tax implications (Doge/USD) so here's a great alternative at the moment, why not look at /dogecharity or http://foundation.dogecoin.com?
For me it's important to be a good steward of anything I am in charge of, whether it be great or small.
Charity is one thing that sets us apart from other crypto currencies and is one thing that can keep people seeing the best about DogeCoin as we develop as a new currency.
TLDR: GIVE BRO (TLDR for our female audience, if any: Please give to the DogeCoin Foundation Charities, it changes lives daily!)
Definition from the Merriam Dogester Dictionary:
Dogeuary - The month that makes Doge famous.
NEEDS_WORD - a DOGE related celebration (Please comment below!)
If you're a bit keyboard-shy, why don't you let me know if you would come to a party themed after this one: End of the World Celebration, we can easily get 50% of the stuff shown in the video, but would need to crowd-fund it to pay for the rest as well as find the "200" people necessary to throw it. Admittedly, it would be a dry party since we can get extra money from the nearby University as an "alternative" event. Any thoughts? As always, SHIBE ON!
Want to share some of my bets with this awesome community!
Been lurking for a while, but finally made an account for sharing some of my bets. I've been trading and investing for about ten years. I mostly lost for the first five years, broke even for the following two, and have enjoyed significantly more success in the last three. I use a combination of fundamental analysis (though not in the traditional sense of the word), chart reading (though I wouldn't call it technical analysis...I mostly use Google Finance), and gut feel. I subscribe to a trend-following-like model of risk control. I make small bets with relatively tight stops and get stopped out frequently. When I'm right, I usually let the trade run for months or even years, and make significantly more in one trade than I lost in all the others. My losing bets are too numerous to count, though usually unremarkable because they're small. Some of my biggest winning bets in the past few years have been long TSLA, long Bitcoin, long BLD calls, and short USO. I'm up roughly 500% for the past 3 years (combined). I've been increasing my position size recently due to more consistent success and a larger account size. Some of my current bets: Long TLT calls, long GLD puts, long Bitcoin (with the occasional short trade), long SJCX (Storjcoin cryptocurrency), long Ripple (cryptocurrency), long XCP (Counterparty cryptocurrency), long Stellar (cryptocurrency). I think I still have some Dogecoins laying around somewhere too ;) Happy to discuss any of my current bets, or general investing philosophy!
MAD Doge - Subscriber Only Updates - Diversify Efforts, Drop DOGE?
It's coming! The block halving is almost here and people are mining their pants off. What am I doing? I jumped the mining ship. Before we dive into all this, I'll increase the suspense with a little news.
You're probably saying, "Why aren't you talking about the massive jump in DogeCoin pricing?!" but you might forget that there has not been that much of a jump. Realistically the price has only gone up 16% (in USD) The main reason we had the jump was due to the drop of BitCoin. DOGE / USD Short Chart As far as the other news goes, the video (First Link) brings up some great perspectives. The idea is that due to BitCoins massive size and people invested in it, people would rather pay or help out themselves in order to fix the current problems. Depending on how the problems are fixed, we need to keep a keen eye on the developments. If the problems are fixed to a point where BitCoin becomes incredibly robust, we could see a spike of newcomers. If you haven't joined us for previous topics, the skeletons we're talking about are the criminal rings involved with BitCoin, whether or not you've heard of the darkweb all you need to know is quite a bit of junk has been going on there and now there's active work to stop that. Thankfully most, if not all Shibes have clean paws regarding that. I know a lot of people have big opinions about the lack of a cap on DogeCoin, but we need to learn from BitCoin, as wallets get lost and as people jump in and hope for a long-term investment, the currency can become artificially rare. Especially with the time frame for all the block halving until we're at the final number much shorter than most other coins. We need incentive to keep people mining and spending.
Why I jumped Rocket
DogeCoin is being mined like crazy right now and I can get ideally 2000 coins per day, but since I strictly mine P2Pool, I only get paid every other day (My mining rig is broken so my hashrate is down).
Other coins are popping up and it's important to find a good alternative just in case DogeCoin bites the dust with a nasty fork.
Coins I suggest looking into: LEAFCOIN - NOBLECOIN - TOPCOIN (Tentative, there's a 1% premine for TOP and that's huge). Basically, if there's a new coin that has less than 50,000 blocks mined and a decent market backing, it's a moderate risk, but not as risky as most of the new ones popping up everywhere. If there's a dedicated block crawler website, multi-platform support, and a decent home website, then it's most likely legit.
Be Prepared for when the blocks halve, I have a few estimates of what is going to happen
FORK - 4% chance - This is the first block halve, so there might be bugs
Mining Crash - 16% - The difficulty in relation to the payout could change faster than the coin value changes.
Cash-in Market Crash - 20% - Large Holders could nerf the DogeCoin value to sell off massive quantities at a decent price
Spike - 10% - Not very likely, but could happen if people freak out
Speed Hump - 40% - The value will look like a mound as it climbs up over the next few days, then drops down a bit when people sell
Nothing - 10% - The market might have pre-adjusted the value in preparation for the halve.
If BitCoin does something crazy tomorrow, all bets are off. SHIBE ON!
TLDR: Risk is high, have backup coins ready to mine if DogeCoin has problems.
PS: I'm not posting an analysis tomorrow and I'll likely get one out late Friday night.
Dogecoin - Bitcoin Chart (DOGE/BTC) Conversion rate for Dogecoin to BTC for today is BTC0.00000021. It has a current circulating supply of 127 Billion coins and a total volume exchanged of BTC4,422.76651471 Dogecoin Price Analysis Doge Price Dogecoin News Opinion. Any further lower lows on the DOGE/BTC pair will likely meet buyers who expect the high-reward, low-risk level to act as expected. Dogecoin Technical Analysis. Source: Tradingview The dogecoin price chart reflects on the bearish momentum build by Shiba Inu from the starting of March. The downtrend was very significant for the altcoin which can be easily noticed in the graph. DOGE is facing price consolidation between the price range of $0.0015 and $0.0020. The significant bullish momentum in yesterday’s market was also ... Dogecoin (DOGEBTC) has entered its "accumulation zone", marked on the chart. Each time this level is hit what follows is bullish action/growth/increase in prices. It is safe to say that Dogecoin will move up from here as depicted on the chart. Namaste. Dogecoin (DOGEBTC) has entered its "accumulation zone", marked on the chart. Each time this level is hit what follows is bullish action/growth/increase in prices. It is safe to say that Dogecoin will move up from here as depicted on the chart. Namaste.
THESE 4 ALTCOINS ABOUT TO GO CRAZY!!! BITCOIN INSANE MOVE ...
Dogecoin was created by programmer Billy Markus from Portland, Oregon, who hoped to create a fun cryptocurrency that could reach a broader demographic than bitcoin. In addition, he wanted to ... Bitcoin INSANE MOVE!!! (WOW!) THESE 4 ALTCOINS ARE ABOUT TO GO CRAZY!!!! CHAINLINK VECHAIN DOGECOIN CARDANO! 402 FREE on our Trusted Exchanges! 🔶 Bybit: http... 07.03.2018 - #Bitcoin #Ethereum #Doge Wir analysieren heute Bitcoin & Ethereum, Doge und Stratis ----- Meinen RSI-Indikator finde... #MarketExchanger# Financial based channel. In this channel we are trying to give Technical & Fundamental knowledge regarding stocks, commodities and cryptocurrency etc. Technical information ... Hai Friends For More Updates Please Subscribe Our Channel #dogecoin #dogecoinprice #dogecoinnews Dogecoin price today is $0.00245. dogecoin price is up 4% in the last 24 hours. 10% price drop last ...