Binance 8 Elite Blitz to Earn Bitcoin Trade/Cryptocurrency

Re-Launching The Borderless, Unkillable Crypto-Fiat Gateway, DAIHard. Enter or Exit Crypto via Any Fiat and Any Payment Method, Anywhere in the World, Without KYC. All you need is a little Dai.

Some of you might recall recall our initial facepalm failed launch about 3 months ago (post-mortem here). Well, we're back--this time with an audit and some new features. This version of DAIHard should should die a little harder this time ;)

The Audit

After shopping around a bit in the auditor space, we decided to go with Adam Dossa--the very same Adam Dossa that actually found our launch vulnerability and responsibly disclosed it to us! You can see his report here. By the way, Adam has been a gem: friendly, professional, timely, and flexible. Definitely keep him in mind if you need an audit!

(Re)Introducing DAIHard

Following is an updated version of our original launch post. If you've already read that, you might want to skip to the heading What's New in v0.9.2. Or you can go straight to the app or go to our info site for more info!
Here is a legitimate concern most of us are familiar with:
To enter or exit the crypto economy, we rely on centralized exchanges such as Coinbase, which track their users, impose limits, and are tightly coupled to their jurisdiction and its banking system. And for all we know, any day now regulations could start tightening these controls further (*we've actually seen some of this play out in the two months since our first launch post). In light of this, can we say in any meaningful sense that crypto is anonymous, limtiless, borderless, immune to regulation, and (most importantly) unstoppable?
To really address this concern, we need a completely decentralized gateway between fiat and crypto: something that extends the benefits of crypto to the very act of moving between the old and new economies. But the design of such a platform is far from obvious.
(Localethereum comes close, but as discussed under Unkillable, it doesn't quite cut it. And Bisq is decentralized, but has significant UX hurdles.)
We believe we've found a solution. We are proud to present:

DAIHard v0.9.2 - Almost Definitely Not Broken This Time

If you want to jump right in, we recommend first watching our latest usage demo (7 min), then diving in and giving it a shot with a small amount of Dai. (Try it on Kovan first if mainnet is too scary!)
DAIHard extends many of the promises of crypto (borderless, anonymous, limitless, unstoppable) into the exchange mechanism itself, allowing anyone, anywhere to bypass centralized exchanges and the control they impose.
More concretely, DAIHard is a platform, run on smart contracts, for forming one-off crypto/fiat exchanges with other users, in which:
Again, our latest usage demo (7 min) shows this process in action.

Two drawbacks

You Need either xDai, or both Dai and Ether, to Use The Tool (At Least For Now)

If you want to buy Dai on DAIHard, you must already have Dai--1/3 of the amount you want to purchase--to put up as a burnable deposit. For example, if you only have 10 Dai now, you can only commit to buying 30 Dai, and must complete that trade before using the newly bought Dai to open up a bigger offer (for up to 120 Dai that time).
Most tragically of course, this means that if you don't already have some crypto, you can't use this tool to get crypto--this is why we avoid calling DAIHard an onramp specifically. This comes from the fact that both parties must have "skin in the game" for the game theory to work, and a smart contract can only threaten to burn crypto.
We have some ideas on how to address this drawback in the not-too-distant future, which we'll write about soon. For now it's time to launch this thing and get some users!

Dangerous and Scary To Use

In rare cases, a user may have to burn Dai and face a loss on the entire trade amount. The necessity of this ever-present risk is explained in detail in DAIHard Game Theory.
However, a cautious, rational user can gather information (possibly via our [subreddit](daihard)!) about how people have used the tool, successfully and unsuccessfully. They can then create a buy or sell offer with wisely chosen settings based on what has worked for others. Other cautious, rational users can find this offer and commit to the trade if they dare. We expect the vast majority of committed trades should involve rational, cautious users, and should therefore resolve happily.
Still, inevitably there will be sloppy trades that result in burns. As the tool is used, we'll be keeping a close eye on the frequency of burns and keeping you guys updated (perhaps via a "System Status" utility similar to the one found on MakerDao's explorer). In the end, though, we expect the risk in using DAIHard to be comparable to the risk of using any exchange or DNM: ever-present but low enough for the platform to be useful as whole.
So, while DAIHard will never shut down and can't perform an exit scam, the bad news is it's not risk-free. Users will have to approach DAIhard with the same level of caution they would with any new exchange (albeit for different reasons and with a different approach).
So what's the good news?

The Good News

While these drawbacks are significant, they enable some remarkable features that no other crypto/fiat exchange mechanism can boast.

Unkillable

(Correction: Bisq seems to have a decentralized arbitration system)
We are aware of no other crypto/fiat exchange platform that is truly unkillable. Bisq and localethereum comes close, but both localethereum relies on centralized processes of arbitration. This means their fraud-and-scam-prevention system can be sued, jailed, or otherwise harrassed--and if that part stops working, it doesn't matter how decentralized the rest of the system was.
DAIHard, in contrast, gives the users the power to police and punish each other, via the aforementioned credible threat of burn. This is simple game theory, and the rules of this game are etched permanently into the DAIHard Factory and Trade contract code: impervious to litigation, regulation, and political pressure.
This Factory contract has no owner and no suicide or pause code. It cannot be stopped by us or anyone else.
Like Toastycoin, this thing was immortal the moment it was deployed (even more immortal than RadarRelay, for example, which does rely on an ownership role). Both DAIHard and Toastycoin (and probably whatever we build next) will last for as long as a single Ethereum node continues mining, and it will remain easy to use as long as someone can find the HTML/JS front-end and a web3 wallet.
(The HTML/JS front-end (built in Elm, by the way, with the lovely elm-ethereum!) is currently hosted on Github pages, which is centralized--but even if Github takes down the page and deletes the code, it's a minor step to get the page hosted on IPFS, something that is on our near-term roadmap in any case)

No KYC, No Limits

It's smart contracts all the way down, so DAIHard never asks any nosy questions--if you have Metamask or some other web3 wallet installed and set up, with some ETH and Dai (or just xDai), you can immediately open or commit to a trade. You don't even need a username!
(In fact, we're so inclusive, even machines are allowed--no CAPTCHA here!)
You're limited only by the collateral you put up, so if you have 10,000 Dai you could open up a buy offer for 30,000 Dai (or a sell offer for 10,000 Dai) right now.
We do reccommend trying the tool out first with a small amount of Dai... But we're not your mom! Do what you want!

Borderless

It simply doesn't matter where you are, because DAIHard doesn't need to interface with any particular jurisdiction or payment system to work. DIAHard works by incentivizing people (or robots?) to navigate the particular real-world hurdles of bank transfers, cash drops, or other fiat transfer methods. These incentives work whether you're in America, Zimbabwe, or the Atlantic; they work whether the fiat is USD, EUR, ZAR, seashells, or Rai Stones; and they work whether your counterparty is a human, an organization, a script, or a particularly intelligent dog with Internet access.

Any Fiat Type, and Highly Customizeable

Here are some examples of the types of trades you might create or find on DAIHard.
As the DAIHard community grows, users will doubtless find much more creative ways to use the system, and we will discover together which types of trades are reliable and which are more risky. Because users can set their own prices and phase timeout settings, we expect the risky trades to charge a premium or have longer time windows, while the reliable ones rapidly multiply at close to a 1:1 price ratio, with quick turnaround times.

Extensible (with profit) by Third Parties

Not satisfied with our interface? Do you have some nifty idea for how to display and organize user reputation? Or maybe some idea for how trades could be chained togeher? Maybe you'd like to design a notification system for DAIHard? Maybe you just want a different color scheme!
Well, you won't need our permission to do any of this. Any tool that watches the same Factory contract will share the pool of trades, regardless of which tool actually creates the trade. This means we don't even have to fight over network effects!
And if you look closely at our fee structure, you might notice that only half of the 1% DAIHard fee is "hardcoded" into the Factory contract. The other half is set and charged by our interface. What does this mean for you? If you go out and make a better interface, you can essentially replace half of our 1% fee with your own fee--it's up to you whether it's smaller or larger than the replaced 0.5%.
The reason for this is to explicitly welcome other developers to extend what we've built. For as long as our team is the only one improving the platform, a threat to us is a threat to future upgrades. But if others begin extending the DAIHard platform too, then DAIHard will not only be unstoppable as it is today, but also grow unstoppably.

(For Real This Time) This Is a Big Fucking Deal

DAIHard is a turning point in crypto and a breakthrough in decentralized markets, and is an irreversible augmentation of the Ethereum platform.
What we've built is a gateway to crypto completely devoid of centralized components--rendering entry and exit to crypto unkillable, flexible, borderless, and private. Centralized exchanges, and the control they impose, can now be bypassed by anyone with Dai and a web3 wallet.

What's New in v0.9.2

There have been many changes made since our first failed launch, but there are two rather important ones: xDai support and reputation tools.

xDai support

DAIHard is now operational on xDai, a sidechain whose native token (xDai) is pegged to the Dai (and therefore $1). Add the xDai network to your Metamask (or just install Nifty Wallet), then switch to the xDai network in your wallet, to try it out. xDai has some pretty incredible benefits, compared to vanilla Ethereum:

Reputation tools

We now have a few reputation tools. First, on any open trade, there is a widget showing the number of releases, aborts, and burns the given address has been involved in as that role (buyer or seller). Clicking on this expands the widget to show more detailed information, and also provides a link to a page that lists each trade this user has been or is involved in.

What's next?

We have tons of ideas on how to improve the product--too many, in fact, to commit to any before we get a good chunk of user feedback. Here are some of our favorite ideas:

Near-Term, Smaller Features

  1. Lots of usability improvements.
  2. A "System Status" utility similar to the one found on MakerDao's explorer).
  3. Marketplace / My Trades rework.
  4. A "QuickTrade" page, offering Trade Templates as an alternative to the current Create Offer page.

Big Exciting Features

  1. Bootstrapping people with no DAI via other mechanisms and community outreach.
  2. Partial commits to trades. eg. Place a 10,000 DAI trade and allow it to be picked up in blocks larger than 500 DAI at a time.
  3. More chains, get this thing working on Bitcoin via Rootstock, on Ethereum Classic and Binance Chain.

Stay Informed!

A lot of the above features will be prioritized more clearly as we get user feedback, and we will be posting fairly frequent updates and articles on our info site. If you don't want to miss anything, note the subscribe widget and sign up!
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Why Are Crypto Trading Bots So Popular?

Hype. Your crypto-friends are excited: “I spend one hour per day just setting up my bot!” “It’s easy money, bro!” According to our research, 126 out of 209 traders use crypto bots for trading. 📷 But it’s not only about users - you can find a lot of different unknown crypto bots on the Internet. According to here are 70 bots with open source, so let’s imagine how many of them are in general! But what is special about them? Why are they so popular? Let’s see. 📷 You know, when you trade just with the help of signals and exchange, you spend a lot of time. But with top trading bots crypto trading is simple - you need just to give them all the details of a deal. They are like washing machines! 📷 People are not bots. You can’t trade 24/7 every day. But the best crypto bot can! 📷 Of course, it is not about every crypto bot. 📷 You know that situation when you see that that coin is decreasing in value. You start to think: “Oh no, I need to sell it right now. Otherwise I will lose everything I have invested.” Emotions. And cryptocurrency trading bots don't think like that because they are machines! It will use only setted parameters.

How profitable are best crypto trading bots?

Bots are just like soldiers that fight on your behalf 24/7, giving you an advantage of time, volume and price. On the other hand, you should take full responsibility for everything your bots do on the crypto battlefields. They never give you a 100% guarantee of an extra income, unless these are scam bots. Basically, this is just a software that helps you implement your own strategies, knowledge and trading experience.

Advantages

Every time you want to try a new thing, you want to know about it’s advantages and disadvantages. Is trade bot worth the money? Let’s check. 📷 Every person needs to eat, to sleep, to take a small break for tea or coffee, to spend some time with the family. But it’s not about bots. People sometimes want to avoid risks, but bots - don’t. Robots make all the steps while trading faster. 📷 Are you able to track the price of every existing coin? Nah… Cryptocurrency trading bots can analyze monster-size information! 📷 Again, emotions. Bots for cryptocurrency only listen to humans, their strategies and replicate their intelligence. No pressure. No fear. Simple! 📷 A person can miscalculate parameters or analyze charts or strategies without attention. This leads to huge losses. Bots, as machines, are much more accurate.

Disadvantages

You should think about every scenario before trading with crypto bot. Not all the bots are good and legit. Remember, that not every auto crypto bot is a scam! It just means that it’s going to contain some developer errors etc. So what is gonna happen if you choose a bad trade bot? 📷Now you know that bots for cryptocurrency are made with the help of humans. So they can contain developer errors. Setting up a bot is a very complicated process, so mistakes can be anywhere - even at the best crypto bot. And the result of such mistakes will definitely lead to trader’s losses. 📷 One of the main drawbacks of trading with a crypto trading bot is how often transactions are carried out. So, commissions for opening or closing positions can exceed the amount of your revenue. Of course, if you choose a good and professional bot, those parameters should be adjusted. 📷 Oooh, what a nightmare! Yes, unfortunately, there are a lot of scam cryptocurrency Binance trading bots. How to distinguish a scam bot among all of them? We are going to talk about this a bit later.

Is It Possible To Earn Money With The Help Of Crypto Trading Bot?

📷Did some tell you that you will definitely earn something while trading with a bot? Don’t believe it! Why? The reasons are quite simple. As we already pointed out in pros & cons - robots are machines only. But some of the bots for cryptocurrency can show you their accuracy. They provide you results and losses they have made. The best and safest if we talk about trading with a bot is using a complex - cryptocurrency trading bot and a crypto provider - a professional trader which provides profitable crypto signals. At Safetrading you can find such providers.

Do Bots Scam People?

📷 Hell yeah! Scam crypto trading bots are made only to steal users’ funds. Pim from shared his opinion about crypto trading bots in general and gave some advice how not to be scammed by a trading bot: 📷 Imagine: Unprofessional users get a subscription and give the bot full access to their investments. If you don’t know how to choose the best crypto bot among all the existing ones and decide to trade with doubtful bot... Your assets are going to be stolen. Crypto Robot 365. Bitcoin Loophole. Bitcoin Code. Crypto Edge. BTC Robot. Bitcoin Trader. Bitcoin Revolution. The accuracy and profitability of those bots are doubtful. But they are not the only ones, unfortunately.

What Should You Remember Before Trading?

I promised you some tips on how not to lose everything you invested. But I’m gonna give you more! Are you ready for tips which will help you to gain profit while trading? 📷 Please, keep it in a safe place. Don’t make a screenshot, don’t put it in “Notes”. Store it offline and your assets will be safe. 📷 Remember we were talking about scam crypto bots? So… You should be the only creature in this world who can withdraw the assets. 📷 Even the best crypto bot can lose money, because the cryptocurrency market sometimes is very unpredictable. To be sure you are not going to lose all the money you have on your account, use stop loss. But don’t be scared. It’s okay to make mistakes - even for a bot. 📷 Bull market. Bear market. The strategies are different for different markets, so switch your strategy every time the market changes. 📷 To set your bot you need to understand what you are doing. If you don’t know how to use crypto trading bot, it will be very hard to control it and to gain profit. 📷 Don’t forget that you pay fees for every trading (not with every bot, but still). So you should make enough profit to cover your fees. 📷 This is the best decision! Just find a good and trusted crypto provider and use his signals to trade with bot. 📷 Don’t do something if you don’t know what it is for. Write to the support or google your question. 📷 Don’t waste your time and money trying to trade with unknown bots.

Conclusion

Starting to trade with a crypto trading bot you should remember, that it still needs you and the parameters you give it to trade. “Hey, use my crypto bot and earn $1000 in a first day of trading!” Don’t believe it. Everything successful needs some time, effort and patience. Do trading bots really work? It is definitely possible to earn with crypto trading bots. They will save you a lot of time! But if you are a newcomer, take your time, read a lot of articles and start to trade slowly. And you will be a successful trader!
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Review: The most thrilling 24 hours in Bitcoin history

From 12:00 on March 12th to 12:00 on the 13th, Bitcoin, the most influential currency in the cryptocurrency industry, suffered two major declines, and its price fell from a maximum of 7,672 USD to a minimum of 3,800 USD (data from Huobi, the next Same), the decline was 50.4%, which means that the price of Bitcoin has achieved a fairly accurate "half price" in these 24 hours.
Previously, Bitcoin's "halving market" was mostly considered to be an increase in market prices caused by Bitcoin's halving production, although many people have questioned the "halving market" as " The price is halved ", but when bitcoin walks out of the current bad market, it still surprises most investors.
First plunge
The bad 24 hours started at 12 o'clock on March 12. Due to the rapid spread of the new crown epidemic in Europe and the United States, the global financial markets have been raining for several days. After several adjustments, the price of Bitcoin has hovered up and down within the range of $ 7600-8200 in the previous three days. However, after 12 o'clock on the 12th, Bitcoin The price fell below $ 7,600 for the first time, breaking the psychological expectations of many investors, entering a rapid decline channel, and dropping to about $ 7,200 at around 18 o'clock.
At this time, the decline of Bitcoin is still around 7%, which is a common occurrence in the history of Bitcoin. However, after 18 o'clock that day, the market turned sharply, and the price of bitcoin plunged again in a short period of time. It fell to US $ 5,555 within tens of minutes, a drop of 28%, and the amount of contractual positions on each platform exceeded US $ 2 billion.
During the decline, most major exchanges such as Huobi, Binance, and OKEx experienced systemic freezes of varying degrees. Many users complained for a long time that the exchange app could not properly display the homepage, market page, and transaction page, and added positions, stops, and withdrawals. Obstacles such as cash withdrawal and cash withdrawal operations have also shown that this situation also highlights that mainstream exchanges still fail to address the ability of their trading systems to respond to extreme conditions.
For this decline, the collective sell-off of large Bitcoin holders is considered to be the main reason. For example, Grayscale Investment, the world's largest crypto asset fund management company, was sold and sold 40,000-50,000 Bitcoins. News from the exchange said that Bitcoin sold 400,000.
For a long time, bitcoin has been called "digital gold" by the blockchain industry, and has good risk aversion properties. During the tense situation between the United States and Iran in January this year and the global stock market fell, Bitcoin rose from $ 7,200 all the way to more than $ 10,000. Bitcoin's safe-haven attributes have been widely recognized in history, but this time caused by the new crown epidemic Under the risk of the global economic downturn, the decline in the price of bitcoin has become the asset with the largest depreciation among various mainstream financial assets, and its high-risk nature will most likely collapse.
Some analysts believe that bitcoin should be further classified as an alternative asset. At a time when liquidity shortage is extremely serious, as a high-risk alternative investment asset with the highest volatility in the world, funds will naturally be drawn from the market by investors. Looking for safer, more liquid assets, prices plummet.
"Everyone in the future will realize that Bitcoin is not digital gold, but" an amplifier of risk. " Its value cannot be anchored. Unlike other asset prices, which are affected by costs and prices, Bitcoin has no normal market value range. As of now, it does not have any convincing valuation basis, more like a swaying boat. Without the anchor, its value fluctuates greatly, and the impact of halving the market and supply and demand on it is far less important than psychological factors. "Said Cai Kailong, senior researcher at the Institute of Financial Technology of Renmin University of China.
However, some people in the industry hold different opinions. "BTC is still the most powerful currency in the history of mankind. It provides liquidity 24 hours a day. This is something that other markets simply can't imagine, but because liquidity is too good, this time it just happened to happen in other markets. When funds are scarce, the first choice for selling supplementary funds has also led to the decline of gold. Of course, the amount of BTC that is currently much lower than gold is certainly unstoppable in a short period of time. "A Weibo blogger" "fhrp".
In addition to the sell-off of large institutions, some mortgage lending platforms have also passively become an important boost for this downturn. In the past six months, the Defi concept has been particularly hot in the blockchain industry, and many cryptocurrency-based cryptocurrency lending platforms were born.
As a result, a large number of large Bitcoin users will pledge the Bitcoin in their accounts to third-party lending platforms and use the USDT to borrow cash to purchase cash, which is equivalent to increasing leverage. However, these platforms are not mature in terms of mortgage rate setting and liquidation mechanisms. Users who increase the mortgage rate of assets have a slower transfer speed on the chain. As a result, during this period of rapid decline in the market, a large number of mortgage orders have lower mortgage assets than loans. As a result, the amount of bitcoin out-of-market positions this time was far more than in the previous period of large market volatility, which further exacerbated the selling pressure of the bitcoin spot market.
From 19:00 on the 12th to the early morning of the 13th, the price of Bitcoin hovered in the range of 5800-6200 US dollars, and the market began to prepare for the next stage of the trend.
Second plunge
On the evening of the 12th, the stock markets of mainstream countries in Europe and the United States successively opened and collectively fell, and the stock markets of at least 11 countries, such as the United States, Canada, and the Philippines, melted down. At the close of the morning on the 13th, both the Dow Jones Industrial Average and the S & P 500 Index had the largest single-day percentage decline since the 1987 stock disaster. The Dow closed down about 2352 points, the largest drop in history.
The bad performance of the stock market quickly passed to the currency market. Beginning at 7 o'clock on the 13th, the price of bitcoin plunged from the position of $ 5,800 once again, dropping all the way, and successively fell below $ 5,000 and $ 4,000.
For the rapid decline of the market, many people in the industry believe that the main factor is not only the panic selling of the market, but also the mutual stepping on of contract investors. Weibo blogger "AlbertTheKing" pointed out that most of the long positions in Bitcoin leverage are in the BitMEX perpetual contract market. The long positions caused by the decline in bitcoin prices caused a series of short positions, which in turn caused arbitrage spreads and spot arbitrage. The party rushed in to open multiple orders and sell spot arbitrage at the same time, thinking it was okay. As a result, I did not expect Bitcoin to fall more and more fiercely, and his own arbitrage and long positions also burst. So at first, the leveraged bulls stepped down on each other, and later became the arbitrage party. .
"Fhrp" also pointed out that because BitMEX only has BTC margin, ETH's permanent liquidation also needs to be undertaken by btc. The profit portion of the hedge order cannot be included in the margin, and BTC is not sufficient because of the card being in serious shortage. The exploding warehouse order was opaque, so that no one dared to pick up the corpse later, fearing that it would become a corpse. Of course, the key is the lack of a fusing system, so that the market can slowly wait for liquidity to keep up.
Under the interweaving of many risks, the price of bitcoin is about 10:15. It has fallen below 3,800 US dollars in many exchanges such as Huobi and OKEx, which is 38% lower than the price of 0 on the day and 50.4% lower than 24 hours ago. This is the highest record in the 24-hour drop since the birth of Bitcoin.
Such a precise decline cannot be doubted as the bad taste of the bookmaker behind the exchange, if the bookmaker does exist. Of course, it is not excluded that this situation is due to the tacit understanding among the main market participants, or a purely natural phenomenon.
But judging from objective facts, there is indeed some evidence that the situation is unnatural. After bitcoin hit a low of $ 3,800, its price quickly rose in the next 20 minutes, rising by 59% to $ 5,250, but then fell rapidly. At the turning point of $ 3,800, which is 10:16, the BitMEX trading system, the largest bitcoin exchange in the cryptocurrency industry, suddenly stopped until 10:40.
It can be seen that the time point when the Bitcoin price stopped falling rapidly and stopped rising rapidly was close to the time point when BitMEX went down and returned to normal. This shows that BitMEX has a huge influence on the secondary market, and it also makes a lot of One suspects BitMEX is manipulating the market.
Sam Bankman-Fried, chief executive of Derivatives Exchange FTX, tweeted that he suspects BitMEX may have intentionally closed transactions to prevent further crashes and to avoid using exchange insurance funds. Mining company BitPico also tweeted yesterday, "According to our analysis, BitMEX Research has closed its long position of $ 993 million with its own robots and capital. Today the manipulation of the bitcoin market is caused by an entity and the investigation is ongoing. "
In response to this incident, BitMEX responded that there was a hardware problem with the cloud service provider, and in a subsequent announcement, it was pointed out that the DDoS attack was the real cause of the short-term downtime.
Why the downtime of the BitMEX trading system is difficult to verify, but from its objective impact, its short-term downtime plays a vital role in curbing the further decline in the price of cryptocurrencies such as Bitcoin, which has eased investment to a certain extent. The panic sentiment created by this has created space for the rebound and correction of cryptocurrency prices such as Bitcoin.
Sam Bankman-Fried even speculated that if BitMEX did not go offline because of a "hardware problem" this morning (February 13), the price of Bitcoin could fall to zero.
If compared with the traditional financial market, the effect of this BitMEX outage event is quite similar to the "fuse" mechanism of the stock market. Trading is suspended for dozens of minutes at the moment when investor sentiment is most panic, so this outage event Also aroused the emotions of many people in the industry.
"BitMEX has helped the currency circle" melt out, "otherwise the chainless stepping will not know where to fall. After the fuse, everyone calmed down and the market returned to normal. Weibo blogger "Blockchain William" posted a blog saying, "The market is not afraid of falling, and it is not afraid of stepping on it. That is why. This is why the global stock market has melted down because investors panic. It is a bottomless pit. Once out of control, there is no bottom Now. "
Of course, the factors that cause the market situation to reverse are not limited to this. According to the feedback from multiple users on social platforms, BitMEX and Binance's major exchanges forced the short positions of multiple accounts to close positions at 10 o'clock on March 13th, that is, the automatic lightening mechanism was in effect.
According to the BitMEX platform mechanism, when investor contracts are forced to close out, their remaining positions will be taken over by BitMEX's strong closing system. However, if a strong liquidation position cannot be closed in the market, and when the marked price reaches the bankruptcy price, the automatic lightening system will lighten the investor holding the position in the opposite direction, and the order of lightening is determined according to the leverage and profit ratio .
Specifically, due to the sharp fluctuations in the price of bitcoin, a large number of long single-series bursts and the scarcity of market liquidity. In order to control the risk, the platform will automatically place some short orders with high profit ratios and high leverage on the market, increasing market flow. It also avoids the risk to the platform caused by the inability of the short-selling order to be executed in a timely manner.
According to BitMEX's announcement, about 200 positions were automatically closed by the system. And Twitter blogger Edward Morra said, "On BitMEX alone, short positions worth about $ 500 million have been liquidated." If this data is true, it means that BitMEX's strong liquidation operation has brought more than 5 to the contract market. The market price of 100 million US dollars has a significant positive effect on the market that is being sold out.
However, as a compensation, BitMEX also stated that it would contact each damaged user and compensate them according to the maximum potential profit that the investor obtained during the automatic liquidation.
In any case, through the operation of exchanges such as BitMEX, the price of bitcoin has entered a recovery channel, and it is still hovering at the $ 5,000 mark, while driving the entire cryptocurrency market to pick up.
After this thrilling 24 hours of bitcoin, the ideal "halving market" has disappeared. The real and brutal "halving market" is coming. Perhaps many investors and investment institutions have expressed their confidence in the crypto assets represented by bitcoin. The understanding will change in this regard, and the confidence of the entire industry needs to be rebuilt. This depends on the application value of bitcoin to be deepened.
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Do Trading Bots Control The Cryptocurrency Markets?

Do Trading Bots Control The Cryptocurrency Markets?
Supposed You've researched the market price for the coin you want to buy and it is low enough, and you've decided the time is right to buy it. You immediately go to the Binance exchange and place your limit order, hoping that a slight price drop will allow your order to complete quickly.
But wait ... what just happened? After placing your order, you notice another buyer place a large order with a marginally higher price, pushing your order below the queue.
He says "fair enough" as you decide to increase the bid price of your order to keep your order in the queue and once again your order is pushed downwards and new order just appears above your order and before you know it, that attractive pricing opportunity you wanted to take advantage of is gone.
How annoying!
Why did this happen? In other words, Crypto Trading Bots.

Crypto Trading Bots

What Is A Bot?

A bot is an automated trading entity that is programmed to identify market trends and automatically execute trades. Using algorithms, these robot operators can replicate what human operators would do in response to various market scenarios. But crucially, bots can process information and make business decisions much faster than humans. And the bots they just keep improving.
They use a wealth of market data to examine trends, update their algorithms, and eventually make more informed and profitable business decisions.
Today, bots are used in many financial markets by high-frequency traders to exploit small price anomalies. Markets like currencies have undergone a bot revolution in recent years. The days of crowded commercial flats overflowing with merchants yelling "Buy!" and "Sell!" they are gradually becoming a thing of the past.
And e-commerce facilities and rows of computer servers have come in their place as automation takes hold.

Bots And Crypto Markets Are Perfectly Matched

Bots are now proving to be especially popular within the crypto community, from sophistication from free services designed for everyone to more expensive subscription-based bots for professionals.
Crypto exchanges are proving to be the ideal playground for bots to expand their influence:
Unlike traditional financial markets that normally close evenings and weekends, crypto markets are open 24 hours a day, 7 days a week. This makes them ideal for automated trading: humans sleep but trading bots do not.
With some cryptocurrencies now tradable on dozens of exchanges, the abundance of arbitrage opportunities that have arisen can be exploited more efficiently by bots than by traders.
Last year, Bloomberg set the amount of automated Bitcoin trading on some exchanges to 80% of total trade volume. Bots could also be partially liable for the massive price changes we've seen in the crypto markets.
But what is certain is that a large number of exchange order books are being influenced by bot action. And these bots can produce merchants to buy at a higher price or sell at a lower price than they originally intended. It is often the case with limited orders that bots will be the lowest offer and/or demand prices on the market, and largely the rest of the order book.
Also, bots are annoying to deal with! Seeing that your offer is outnumbered almost instantly, and by a robot, not even another merchant, can be very irritating, especially if you place your initial order intending to capitalize on what you think is a 'wrong price' in the market.
Looking at market orders, you can also observe a series of bot orders of insignificant quantities that exist close to the market price, before the initial order of any true important quantity is further from the market. Again, bots are trying to trick you into placing a market order that fills up instantly, but most of which will be filled against the large order at a worse price.

Counter Crypto Trading Bot Activity

It can be tempting to outperform the robots simply by resubmitting your limit order with a slight lowering the price although such a single trade strategy may not significantly harm your end-of-day earnings if you are a serious crypto trader who conducts multiple trades on multiple exchanges every day, these small but frequent annoyances will inevitably amount to considerable long-term loss.
As such, it may be preferable to keep your order at the price you originally intended. If there is at least some volatility in the market, then your order will complete if you are not in any particular hurry, it is also recommended to take a minute to observe the behavior of the order book. Often bot orders will appear and then suddenly disappear, or move around the book due to constant price adjustments being made. By trying to identify bot intentions, you can end up in a more informed position regarding how and when you place your order.
Of course, buying a bot yourself could also help. As more data is collected on the price behavior of various crypto assets, these machines will only evolve further and become even more sophisticated in their business competition.
But whatever you do, being aware of the existence and influence of bots will help you avoid getting carried away by a sub-optimal trading position.
submitted by jakkkmotivator to thecryptobasic [link] [comments]

What Are Trading Bots

In the virtual world, a bot is a program that is configured for repetitive actions. They are written to save a person from mechanical and monotonous work.
The bots for trading cryptocurrency are no different from their counterparts in general: they are set to trade mechanically on the exchanges according to defined parameters.
The simplest versions of bots buy cryptocurrencies when the exchange rate drops and sell when they grow.
Since many people trade Bitcoin passively and therefore cannot spend much time analyzing the market, Bitcoin bots allow users to build more effective trades without having to stay in the market.
Although the cryptocurrency market is much less developed than other financial markets, the digital nature of the market means that the technology didn't take long to keep up with the competition, even though it had significantly less time to integrate algorithmic trading

Can I trust a trading bot?
Due to the popularity and rapid growth of the crypto world, the cryptocurrency market is full of phishing bots designed to get your data to completely steal your money or personal account.
The crypto exchanges are not responsible for the security of the user's money in the event of hacking your account. Also in the event that you transfer your personal funds and data to third parties.
Be careful with the software you are using and pay attention to the other user's feedback. It is important to find a reputable trading bot that is free from coding errors and reduces downtime to a minimum.
The security of the account for "stolen" information is on your shoulders.

Main types of bots:
A trading bot is software that interacts directly with exchanges (often using the API to obtain and interpret relevant information) and, depending on how market data is interpreted, places buy or sell orders on your behalf. Bots make these decisions, track market price movements and react according to the pre-defined and pre-programmed rules. Typically, a trading bot analyzes market actions such as volume, orders, price and time, although these can usually be programmed according to your taste and preferences.

Trade bots
Trade within a single cryptocurrency exchange, earn income by buying currencies at a low price and selling at a higher price.
Arbitrage bots
If they are the same trading robots, they only trade on multiple exchanges and earn income by buying currencies on the exchange where the price is lower and selling on another exchange where the price is higher. Although the spread between exchanges is now much narrower, they still appear from time to time, and trading robots can help users take full advantage of these differences. In addition, arbitrage can also be used by traders who want to include futures contracts in their trading strategies. They benefit from any differences between a futures contract and its underlying asset, taking into account futures contracts that are traded on different exchanges.
Market creation -
In order to implement strategies for creating markets, border orders for buying and selling must be defined in the vicinity of the existing market situation. When prices fluctuate - the trading bot automatically and continuously places limit orders to take advantage of the spread. Despite the fact that it can be beneficial in certain time periods, intense competition for this strategy can make it unprofitable, especially in conditions of low liquidity.
Are trading bots useful at all?
Trading bots react to the market. They collect the data needed for trading execution based on the analysis of the trading platform. However, the crypto trading platform can only tell "half the story" because many increases and decreases are based on other sources that cannot be programmed into a bot for analysis.
What can I do to get the most out of the Crypto Trading Bot?
The main rule: Coins in which you invest should be chosen very carefully.
Tracking the latest developments in the market is also effective. You should look for a lot of clues as to whether certain trades are successful or fail.
Well-made bots can be a tool that helps you stay one step ahead of the market. You can execute transactions based on the parameters of the developer or the parameters you set.
Some of them even offer the opportunity to copy more established dealers and analysts - and fully assess their track record.
submitted by jakkkmotivator to thecryptobasic [link] [comments]

#PundiX July 2019 Monthly Activity Recap

Dear Pundians,
July was definitely a whirlwind! Over the last month, we hit several milestones — from being Samsung’s first fintech app in its blockchain ecosystem to organizing meetups in five cities across the globe, and so much more in between. Allow us to walk you through the specifics.
Product Development Telegram integration and crypto gift feature We are very excited to announce that X Wallet 2.0 is now available on Android and iOS. Using this version, you can integrate your Telegram contacts and send or receive crypto gifts. To make things easier, we set up an official Telegram chat group (https://t.me/pundixgift) for users (it’s currently the top Telegram chat according to combot.org). For more information, check out our feature.
Integration support for Verifone X990 US-based Verifone welcomed Pundi X with the integration of its X990 with our XPOS module. Through this partnership, users now have access to a wider network of retailers accepting cryptocurrency payments. Read more about it here.
Welcoming Samsung Blockchain Wallet We’re excited to be part of Samsung’s growing adoption of blockchain technology into their products. The Samsung Blockchain Wallet enables the use of decentralized apps on Samsung smartphones, making it easier for blockchain technology to penetrate the mainstream market. We are definitely privileged to be part of this important initiative.
On top of it all, our platform now supports 12 tokens, including native coins of three public chains, which are BNB, XEM and QTUM.
Merchant Adoption and Partnership Kapytal exchange, Mexico Last July 4, we were at the Blockchain Summit Latam 2019 in Mexico City to seal our partnership with Kapytal, a Mexican digital asset exchange. They will be the first official distributor for Pundi X in Mexico, having launched operations on August 1. Not only do they distribute XPOS and XPass cards, they also provide liquidity for merchants willing to cash out Mexican pesos to their bank accounts.
São Paulo, Brazil Pundi X continues to make waves in Brazil, with five new newsstands adopting the XPOS in the center of São Paulo.
Lounge X, Korea Robot-powered café Lounge X located in Seoul, South Korea, now welcomes crypto payments via XPOS. It’s a highly advanced café with a robot barista and a robot server, and the addition of XPOS to its tech-drive operations is definitely a plus for the café and Pundi X. The restaurant of the future is now here.
Event and communities XBlockchain Meetups: Hanoi, Tokyo, Johannesburg, Dubai, and Istanbul In July, we’ve co-organized a series of XBlockchain meetups to spread the awareness of the blockchain technology, Function X and Pundi X development progress. The purpose is to seek the collaboration opportunities with various blockchain communities and businesses. July 4: Pundi X partnered with Coin 98 and Function X for a XBlockchain Meetup at the VCC Exchange in Hanoi, Vietnam. July 6: Pundi X hosted a XBlockchain Meetup with Function X, Kyber Network and VeChain Japan Community in Tokyo, Japan. July 20: Pundi X together with the Dosh Exchange and the Project Tubu successfully finished a XBlockchain Meetup in Johannesburg, South Africa. July 24: Pundi X met with major partners at the Astrolabs XBlockchain Meetup Dubai. July 30: Last XBlockchain Meetup in July was held in Istanbul, Turkey with Koophub. Thank you for our partners and those who participated the meetups!
Mobile 360 Africa Pundi X CEO and Co-Founder Zac Cheah was at Mobile360 Africa last July 16 to share his insights on the topic, “How Blockchain Steers Technology of The Future” and showcase the blockchain technology that Function X is capable of. Held in Kigali, Rwanda and organized by GSMA, Mobile360 highlighted key initiatives in the mobile landscape and in relation to the UN’s Sustainable Development Goals.
Afro Asia Fintech Festival 2019 In the same week of Mobile 360 Africa, the Pundi X team also went to Nairobi with the Monetary Authority of Singapore to join Afro Asia Fintech Festival from July 15–16. We met important ministers, regulators, bankers, and enterprises to discuss collaborations for the development of the fintech landscape in Africa.
World Cities Summit Joao Victor Mendes, LATAM Country Manager of Pundi X shared what our team has been up to at the World Cities Summit | Mayors Forum 2019 in Medellin, Colombia on July 13.
Blockcrypto Brazil Joao was also at Blockcrypto Brazil to share how Function X works. At the conference, we set up a booth where participants experienced how to top up Bitcoin using XPOS.
MakerDao, DigiX and Pundi X joint meetup in Seoul We also held a successful joint meetup between MakerDao and DigiX in Seoul on July 13, as a way to strengthen our community in the city.
Binance/Pundi X Meetup in Medellín Binance met with Pundi X last July 10 in Medellin, Colombia, as a way to further the partnership and conversation between the two companies.
Community AMA Q2 Quarterly report We are grateful to those who joined our AMA Session with Zac Cheah, who was happy to report some of Pundi X’s highlights over the last quarter and announce our upcoming activities.
Binance Italian Telegram Group We’re also joined AMA hosted by the Binance Italian Telegram Group and gave out 3,000,000 NPXSXEM as crypto gifts to those who participated.
Pink Care Token Alliance with Binance Charity Foundation Period poverty is a reality, that’s why Binance Charity Foundation initiated Pink Care Token (PCAT) a stablecoin aimed at sponsoring feminine hygiene products for young women in the underdeveloped world. Pundi X has joined PCAT to help Binance Charity Foundation to achieve the goal.
CryptoGift Drop Event To celebrate NPXSXEM migrating to Binance Chain, we have held five days of CryptoGift Drop Even from July 17–21 by giving out a total of 14,000,000 NPXSXEM to the selected Telegram groups.
Q2 Removal of 34 billion of NPXS and NPXSXEM tokens On July 14, we completed the removal of 5 billion NPXS and 29 billion NPXSXEM tokens for Q2 2019. We’ve included the amount of NPXS and NPXSXEM converted to FX tokens in May. The conversion of NPXS and NPXSXEM was completed on July 15 and will continue removing these converted tokens per scheduled. Below is the overview of the conversion result.
Migration to Binance Chain and DEX listing proposal submission Announced on June 21, the migration of NPXSXEM BEP2 tokens has started in July. The current total supply of NPXSXEM is 67,725,825,819.45 and will be swapped 1:1 to the Binance Chain, becoming BEP2 tokens. Meanwhile, we also submitted NPXSXEM listing on Binance DEX proposal. Thanks to the support of our community, the proposal has received over 3500+upvotes. As the voting also requires Binance Chain Validators, we are awaiting for the listing result at this moment.
Full: https://medium.com/pundix/monthly-report-a-recap-of-activities-in-july-2019-7585e1488601
submitted by crypt0hodl1 to PundiX [link] [comments]

Hamdan Token to invest in AI and robotics

Hamdan Token to invest in AI and robotics
Hamdan Token is set to invest in AI and robotics as it will boost the crypto market and encourage people to make profits from their investment.
Learn more about the Hamdan Token. Click Here: www.hamdantoken.io
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https://preview.redd.it/hpowpa8zhxb41.jpg?width=512&format=pjpg&auto=webp&s=bb2733f40d0edae2e90a5c1bb655518bc14bd741
submitted by hamdantokenofficial to u/hamdantokenofficial [link] [comments]

Bitcoin Cryptotrading Basis Guide Book by Reslav

Bitcoin Cryptotrading Basis Guide Book by Reslav
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I wrote this lecture on the methodology of successful trading, and more specifically on tactics, strategies, subtleties and recommendations, based on 2 years of work on Bitmex, Binance, Gate, Okex bitcoin cryptocurrency exchanges in real combat conditions. Guided by this technique, I managed to earn 500% in excess of the deposit for 7 days of trading (i.e. I increased the deposit amount by 5 times!). These are not fairy tales, but reality, that is, confirming statistics of exchange transactions on the account of the crypto-exchange.
I believe that the knowledge provided in this course will help a beginner to master successful trading only if the course is not only read, but also outlined. It will be important to follow punctually, commenting on your actions in your notes.
In separate consultations, I could give personal instructions on the nuances of technical analysis on various timeframes, signals on entry points, information on trade automation software (algorithmic trading robots), and other tools useful in the work of a trader. But, despite a lot of additional software, my experience has shown that the most effective speculation model on the cryptocurrency and stock exchange, which everyone chooses for themselves based on practical experience, is directly in the online trading mode on exchange terminals. Each exchange is good in its own way, but also has its drawbacks. I chose the best solution for myself and am sure that this is temporary. Perhaps in the future there will be more progressive decentralized exchanges with good liquidity and they will replace the existing platforms managed by market leaders.
Various digital designations, such as: — in what percentage of the deposit do you enter into a particular transaction; — where to put stop limit or market (Market) (market) orders (and whether to place them at all), where to exit the transaction and how. Again, I note that all the selected values ​​are usually individual and depend both on the time trading intervals (TimeFrame) (1m 3m 15m 1h 3h 4h 6h 1 d 1w 1m) and on the deductible amount of the bet in % percentage of the amount of your deposit.
It is important to remember that trading in the cryptocurrency market is a high-risk investment activity that everyone chooses and carries out at their own risk. Remember that with a big bet on the whole, as they say, a patty, and even with 100x-500x leverage, you risk losing your entire deposit right away. An exchange machine or a well-tuned and trained professional broker robot does not cost anything to go against the trend with a tidbit — easy prey. Do not be hamsters i.e. naive simpletons — do not merge the deposit into zero due to elementary greed, incontinence, ardor and other factors that contradict the qualities that a professional trader needs to succeed in trading, namely: cold-bloodedness, endurance, accuracy, punctuality, tact, quick reaction , the ability to quickly enter numbers and timely press the desired buttons.
You ask me: “Hey … guy, you are so smart … I wonder how much you earned from trading or how much you earn or why you don’t do it yourself … why do you need competitors?” — I will answer you: it is no secret that AI (artificial intelligence) has been working on the exchange for a long time and it is constantly improving, but this still does not prevent a person from continuing to beat him. I hope that in the future this trend will not stop otherwise — we have disappeared. And as regards competition — do not worry so much for me, because there is still a trading idea, program or terminal that I have not yet implemented and not reported in this guide after its publication and, perhaps, it will not deprive me of future trading opportunities.
So, the instructions that I follow in the process of trading cryptocurrencies on the exchange terminal in online mode.
  1. It is necessary to wait for the moment of the entry point. You need to enter the deal only then, you feel it and foreseen it in advance according to the levels of the daily period.
  2. It is necessary to carefully weigh their capabilities, ie to consider funds, understanding that futures trading (with leverage) leads to greater risks of liquidation / margin call (MarginCall).
  3. During growth, you need to fix profit and try to sell at a pullback. It is always possible to re-enter a deal, but it is unlikely to return lost profits, instead, you can get several hours of dead weight in the price movement opposite from the planned direction.
  4. It is very important to have cost control, namely, the timely Stop Limit (stop trade order) + sliding Stop Loss (the same thing, only with insurance against a sharp price movement).
  5. It is easy to understand the wave component and accept the movement by levels — press exit buttons in time at 2% and + 10% according to the 1 to 5 principle (we risk one part of the deposit against 5). The Pareto effect has not been canceled: 20% activity, gives 80% effectiveness.
  6. To work with Japanese candles, the ability to draw support levels and resistance lines is enough, but this is not enough for a professional, because the presence of modern advanced indicators, such as MACD, SRSI, Ichimoku Cloud / Signal, horizontal and vertical volume indicator and so on, is very important. Everyone chooses for themselves the indicator that brings more profit to a certain trading range. But remember — the main criterion for success is an understanding of the laws of the market and trade by market. Perhaps this applies to the field of extrasensory perception, metaphysics, and other obscure and hard to prove phenomena and sciences, but one way or another — intuition is clear and has a place to be.
  7. In no case should you enter into short-term breakthrough deals on minute trading with market uncertainty. The situation where minute fluctuations may seem like reversal movements is often quite misleading. If you are in a pose (bull — for growth / long or bear — for fall / short) do not retreat and the market will not slow you to please you with profit. Often, a stock price feed / the same chart manipulates the minds of players, displaying false breakdowns and minute movements, on the basis of which you can not rely on a trend change (this lie is especially evident in minute time intervals / timeframes). In such cases, make decisions only at fundamental levels. On the hourly chart you will see a more truthful picture, because globally, on markets other than minute timeframes, the market is less susceptible to momentary manipulations. This knowledge will give you firmness in the intention and decision-making to remain in the chosen position and not to respond to minor market manipulations. During the day, you may repeatedly wish to unreasonably enter into such transactions, but remember that in this case you will be guaranteed to drain the deposit. Remember — the market from the middle of the trend will go up up or down and hit the stop limit order placed by you (if you play with a large leverage not for your money), after which it will go in the right direction you have chosen. Although in general the situation is banal — you are led by the nose like thousands as well as you. The only true method is to use common sense and avoid uncertainty when trying to enter a pose. A historical analysis of prices, the frequency of ranges (delta) of ups and downs, the degree of volatility and fundamental approaches — to help you. I also want to add that success is in your hands and it consists in the realization of the need not to merge a deposit under any circumstances.
  8. You cannot leave the market unattended, the alarm of the price change alarm is not in your favor or without a stop limit at a reliable exchange platform (broker).
  9. Once again I repeat, you must be prepared in advance for the fact that the market is deceiving and unexpected movements can often occur and your task is to secure your funds with a stop on the market or to fix profit by a floating stop or a fixed stop limit.
  10. Risk management — the basis of success in trading when trading with leverage (margin trading). It is usually recommended to go into a deal at 2% of the deposit with x leverage and stop from profit in the ratio of 1 to 5. What does this mean and why is this risk / profit sharing technique so important?It is necessary to clearly calculate probabilistic lumbago in order to avoid elimination. I recommend you not to rush into bets, but to take a sheet of paper and bargain virtually in order to understand whether your calculations were correct. A virtual game is worth nothing, but it will save you money and keep the deposit safe and sound.
  11. The wave theory assumes entry into the transaction after completion and a clear change in the previous trend based on signals and the news background, incl. experience of the current subject of trade — the operator pushing the buttons. For example, in the absence of price movement in the direction of the RSI indicator, analysis of all time frames with indicators, fibonacci levels, correction degree phase, time of day in time zones, stock and commodity market readings.
  12. It is important, before starting trading, test the presence of a manipulator on the market using the method of high rates. If you are looking for an entry into a major deal in a few weeks, keep in mind that a stop with a loss can be a significant amount in the money equivalent that you are ready to lose, and if the deal does not take place in your favor, you must set yourself up in advance for what it should be. Because a successful trader is not one who regularly guesses successful transactions, but one who successfully completes one out of five transactions according to risk management and the calculation of the leverage calculator in accordance with the chosen strategy.
  13. A lost position can be closed without waiting for the reverse restoration of the bidding process, thus manually participating in the balance adjustment or by setting a stop limit order in advance or after the bid in case of further decline or growth.
  14. There is an assumption that at the end of the working day, with a likely depreciation, traders convert stocks into fiat (money), which contributes to a depreciation, but this is not accurate)
  15. Incorrect entry into the transaction. How important is it to exit an unsuccessful transaction as early as possible or at the first rollback to change the direction of the trend or wait to determine a new entry point.
  16. The presence of two accounts on the exchange terminal is possibleand desirable in order to be able to remain in a winning position regardless of the success of the initially selected trading direction (a technique requiring careful verification by personal experience with a clear definition of the margin leverage and % of the entry into the transaction from the deposit balance to minimize the risk of loss).Successful trading does not consist in the ability to conclude as many successful trades as possible, but in minimizing losses.
  17. Technology is improving and strategies are changing. Before entering a transaction, it is necessary to carefully analyze the current market situation using a comparative analysis, studying the general news background (guided by the ***“buy for expectations — sell on the news”***postulate), detecting a flat (sideways), determining the level of instrument volatility (gold, oil, funds , bitcoins / cryptocurrencies — digital coins, etc.)
  18. Immediately put a stop — is a guarantee of success or a drain of the deposit? After all, how to cope with their own feelings and not get into anxiety about a successful or unsuccessful transaction? The gradual entry scheme works well.
  19. Coins. We look at the trading delta with the help of a robot scanner and make a decision based on all the above criteria in the course. It has been noticed that amateurs buy coins in the hope of growth. Remember, the market for altcoins is not growing now.
  20. A favorable time for earning is at the time of a flat, which usually occurs after the rising flag or the implementation of a bull pennant figure, etc. It will be more clear to observe the schedule in real mode and make the required notes in your own mind.
  21. On the cryptocurrency market, some laptop microprocessors are heated and the fan turns on at peak times. This indicates the beginning of a sharp movement and is a signal to enter the deal. Therefore, you can not only observe the behavior of the market, but now also listen (this is my personal note, it is unlikely that you will find such information somewhere else, as they say — an exclusive / VIP signal;)).
  22. You can still write a lot about time, how much can or should be spent on the monitor, on which timeframes to trade and which strategies to follow, but everyone should choose this independently and preferably, under the guidance of a specialist, because what is applicable to one is to the other — contraindicated.
In fact, any market situation should be beneficial for you due to successful risk management*!*For successful online trading, it is very important to use candlestick and technical analysis*, which help to more accurately determine the entry point to the transaction (purchase or sale).*You cannot act at random when the market is hard to predict and often ready to follow your footsteps.If you lose, then I do not recommend immediately going to recoup*, because trade should ultimately be break even. In ardor, you are likely to enter into an unsuccessful deal and lose even more than before. This situation will make you very sad, so do not make this mistake. She is famous.*Use a modern powerful laptop or desktop computer with a convenient side numeric keypad, a large screen and a convenient manipulator (mouse) so that when you press the buttons you have as little physical braking and stops as possible. Practice in advance to work in the browser on the exchange terminal without making a deposit on futures trading from the exchange wallet. This training practice will reduce your losses.
Hello from Ukraine, Kramatorsk city ( “War is peace / freedom is slavery [and] ignorance is strength.”)
Reslav Cryptotrader (if you need find me look around — me be i near ;).
To be continued…
http://twitter.com/reslav1
P.S.:
Nowadays, money strives to be counted more and more. Using the information technology of databases with indexes, it has become possible to automatically and instantly capture and display the information that was previously collected by entire departments of the state within a month and after manual entry was displayed on the screens of industrial monitors and public television. The era of the Internet has come, the time of the accessibility and decentralization of information.
Today we see stock chart quotes of stock prices of leading world companies online. Everyone has the opportunity to invest their money in these stocks and earn on the difference in exchange rates of their value. A speculative market was formed on this basis, where leaders appeared who were able to act most efficiently and, accordingly, earn money. Many specialists are studying the nature of success in speculative markets.
Many works on methods of achieving success in trading are morally obsolete due to the emergence of new technologies for calculating and controlling the money supply, for example, such as Bitcoin. After all, back in 2009 for 1309.03 BTC they gave 1 dollar. Today 1 BTC costs $ 9,000. This is due to the fact that since the appearance of bitcoin has never been hacked and the technology has shown its reliability and consistency, as a measure of the money invested in it. I will not go into the details and subtleties of Bitcoin technology, but I will note one thing — this is cryptographic software that was used in the banking sector as Swift payments, but transformed into a P2P peer-to-peer network of private computers, as a result, like Bittorent, it became public, hard controlled, commons. Bitcoin provides for a complexity bomb, which complicates each year, and therefore makes it more expensive, its limited production, and this is one of the main reasons for its rise in price. As well as the fact that Bitcoin is convenient for storing funds, as it is liquid and it can be easily sent without quantity restrictions and with high transaction (transfer) speed. All details about Bitcoin are available in open sources and you can find out everything about it on the Internet, as well as the alternative coin market (altcoins / coins), such as Ethereum, USDT (dollar tokens confirmed by a US company with real dollars in bank accounts) etc.
Around this market of bitcoin cryptocurrencies, the same speculative matrix (network / exchange) arose as around ordinary currencies and created such a strong competition for traditional assets that many governments adopted it and began to use and implement technologies that arose in their turn base. Cryptocurrencies or blockchain (cryptographic chain / blocks / chain) began to be introduced in public sectors of the economy for calculating and controlling public commons, such as electricity, land, etc.
Further, on the basis of this market, the need for regulation arose and the US authorities were very worried about the uncontrolled development of technology, on the basis of which a news background (negative or positive) arose, which powerfully affects cryptocurrency rates. In the era of information, this network began to act as a money pump, skillfully pumping money from the hands of inept speculators into the pockets of experienced traders.
As a result of reading a lot of books, watching various telecasts in the industry of bitcoin trading analytics, I came to the conclusion that successfully trading cryptocurrencies is akin to art and as statistics have shown, only 20% in 2–3 years are able to consistently earn money, and of which, in turn, only 2 -3% become billionaires.
I bring to your attention a technique by which you can enter the ranks of these 20% successful traders and possibly, jointly, open the door to those notorious 2–3% successful traders who are fortunate enough to touch the notorious golden fleece and discover the world of unlimited financial opportunities.
All knowledge is available in open sources and collected by me in the book “Basics of Bitcoin Trading from Reslav” (2019), most of them are available.
submitted by reslavr to u/reslavr [link] [comments]

Best Crypto Trading Bots 2019

Best Crypto Trading Bots 2019
WolfpackBOT - The World's Fastest Crypto Trading Bot

https://preview.redd.it/s5j8hgsgsi131.png?width=799&format=png&auto=webp&s=e0e5597fa32aa74f78fcfbb5cc08d143f8b8ca3b
There are basically two different ways you can make mazuma from digital currencies. You can purchase a couple of coins currently, hold them for an extensive period and offer them after the esteem has risen significantly or you can get started with exchanging digital forms of money, here once more, you can exchange physically or run with the best crypto exchanging bots. While holding cryptographic money for a more drawn out term has turned out to be fulfilling, it takes a bounty of time and tolerance for you to optically observe the estimation of your speculation increase.If you are somebody, who does not have the persistence to hang tight for so long, at that point digital currency trading provides you with the immaculate chance to make some mazuma. Numerous prosperous digital currency dealers do recommend you purchase low and sell high. In any case, this is easier verbalized than done.
Digital currencies have been cosmically unpredictable since the earliest reference point. They are the main tradable resources whose esteem shifts in twofold digit rates every day. The cost does not generally go up either. Along these lines, timing the market is the way to turning into a prosperous cryptographic money merchant.
Exchanging digital money isn't any advanced science. All you require is a record on a digital money trade and some cryptographic money in your wallet. This would have been the situation, had you started exchanging these computerized resources route in 2010.
Presently, on the off chance that you try to put in any limitation request on any famous cryptographic money trade, you will outwardly see another application set appropriate above you're, putting forth a superior arrangement. Hence, you are constrained to put orders at market esteem.
The way that a superior offer quickly negated your offer does not assign that somebody is continually crushing before the PC. You just set off crypto exchanging bot when you submitted your request. The best bitcoin exchanging bots have surmounted the whole cryptographic money exchanging biological system, and this is primarily because of the way that they are more effective than people, particularly when it comes down to exchanging.
Presently that you ken that bots have surmounted the crypto exchanging market, you more likely than not understood as of now that the chances of making mazuma when piled facing a great many bots are cosmically svelte.
You could ace all the distinctive specialized investigation strategies and exceed the bots. In any case, in addition to the fact that this is tedious withal very tedious. So instead of investing more energy finding out about the specialized investigation, you can set up the crypto exchanging bots all alone. By the end of this article, not exclusively will you ken probably the most profitably rewarding cryptographic money exchanging bots out there, yet moreover will be enabled with the intelligence of winnowing your very own exchanging bot later on.
Variables to Look for When Culling the Best Crypto Trading Bots
  1. Dependability
A standout amongst the most vital viewpoints to consider is the dependability of an exchanging bot. You would not operate to lose on a brilliant open door because your crypto bot went disconnected or stopped working for quite a while.
You may contend that there is no real way to make sure about the dependability of a specific exchanging bot. Notwithstanding, you aren't the just a single using a bot. Scan for what alternate clients who have used a particular bot need to verbally express about its consistent quality or basically allude to our rundown of the best bitcoin exchanging bots underneath.
  1. Security
With regards to cryptographic forms of money, you can't inculpate anybody yet yourself if there should be an occurrence of a hack. When you initiate using an exchanging bot, you are giving the bot access to your mazuma. This can be very jeopardous, particularly if the exchanging bot is beginning in the field.
There is no telling how secure a specific bot is. In this way, while separating an exchanging bot, complete quintessential research and winnow a bot that has been broadly extolled for its security.
  1. Productivity
Everything comes down to this fundamental part. Is the bot profitably worthwhile or not? An inquiry for which it is elusive an answer. The primary reason you chose to run with an exchanging bot is to benefit over its exchanging ability. There is no influential pertinence in using a bot that isn't profitably rewarding. In this way, discover the productivity of a bot up to you put both your time and mazuma into it.
  1. Straightforwardness
The fundamental motivation behind why digital currency rose to acclaim is that the entire system is plenarily straightforward. There is the wrong spot for any injustice. The equivalent ought average even from the exchanging bot that you choose to run with.
Attempt to winnow a bot whose engineers are unmistakable for their work in the network. Straightforwardness benefits to fabricate trust as well as also profits you to connect with the ideal individuals to adjust any issue.
  1. Simplicity of profit
The entire cogency of running with a robotized bitcoin exchanging is to make the whole procedure of transferring cryptographic forms of money simple for everybody. A bot which accompanies a simple to use interface is the one that is exceptionally well known. Having the capacity to control the bots with only a couple of snaps of the mouse is something you should pay individual mind to, in the bot that you choose to use.
Considering every one of the variables we have arranged a rundown of the best ten digital currency exchanging bots in 2019, the review will be unendingly refreshed with the goal that data remains apropos.
Top 10 Best Crypto Trading Bots in 2019
  1. Cryptohopper
This may be a new bot in the crypto exchanging market. In any case, this newcomer has figured out how to blow some people's minds because of the comprehensive exhibit of highlights that this bot gives. One of the defeats of most exchanging bots is that they kept running on your neighborhood machine. This betokens they run just when you have turned on your PC.
With the lift in enthusiasm for cloud-predicated advancements, Cryptohopper uses cloud innovation to keep the bot running day in and day out. By running the bot on a cloud, clients will most likely put in exchange requests notwithstanding amid the night. In this manner, no open door is missed.
Another critical reason that prompted the lift in the notoriety of Cryptohopper is its simplicity of usage, particularly for the tyro. The bot has incorporated with an outside exchanging signaller. This assigns anybody can initiate using this bot by running it on autopilot. This is a help to the nascent dealers, who need not stress over setting exchanging signals for their bot. The bot withal gives progressively experienced clients a chance to mess around and set their own exchanging signals. Along these lines, it is satisfying the desiderata of both. Aside from this, the bot is incidentally outfitted with highlights, for example, trailing stops, specialized examination, formats, and backtesting. Formats benefit you to design a nascent setting for your bot quickly, and specialized investigation sanctions you to redo and arrange your own settings.
Like every extraordinary thing, the crypto container comes with a sticker price fastened to it. The cost starts from $19 every month for the fundamental arrangement and goes up to $99 per month if you operate their most extravagant arrangement. When you buy into any of the organizations, you can start using the bot on prominent trades like Binance, Huboi, Kucoin, Bittrex, Coinbase, Poloniex, Kraken, Cryptopia, and Bitfinex. On the off chance that you are slanted to spend the additional buck on an exchanging bot, at that point Cryptohopper is an extraordinary separate.
  1. 3Commas
Even though 3Commas bot is nascent to the exchanging bot scene, it could give its clients huge increases, notwithstanding amid the crypto bear showcase.
The new element that dissevers this bot from other bots is its workforce to trail any crypto advertise. This authorizes the bot to close the exchange at the most profitably excellent position, yet the objective addition set by the utilizer had just been come to. This element benefits enormously amid the crypto bull run. Additionally, the bot adventitiously endorses clients to exchange numerous cryptographic forms of money simultaneously. In this manner, it is not passing up any great exchanging opportunity that goes along the way. The bot is set up on the cloud and is available through the site. This betokens the bot runs 24X7. The bot can be designed with Binance and Bittrex at this moment and increasingly legitimate trades, for example, BitFinex, Poloniex, KuCoin, and so forth will be coordinated anon.
The 3Commas comes with a sticker price appended to it. The starter plan will cost you $24, and the most luxurious genius pack would set you back by $82. On the off chance that you operate to give crypto bot exchanging a go, at that point, you could use the 3Commas starter plan and later peregrinate to the more rich schemes.
  1. Gunbot
This is another mainstream exchanging bot with more than 6000 dynamic merchants using its lodging on a quotidian substructure. Good with a few exchanging stages including Binance and GDAX, it very well may be kept running on your nearby PC. This can keep running on Windows, Linus, and the Mac stages, so running on your neighborhood machine would not be a bind.
The bot has 32 diverse pre-arranged exchanging systems which give clients a wide cluster of choices to induce some automated revenue. Among these techniques, the three most well-known ones are the Bollinger band, step addition, and ping pong. Numerous clients have detailed having made a bounty of benefits with the BB procedures. Gunbot isn't in freedom to use and accompanies a one-time level rate running from 0.1BTC to 0.3BTC, contingent upon the highlights that you would savor to optically observe in the bot. Aside from this, the bot supplementally comes as a Lite rendition that has encircled highlights yet can be habituated to test around with the lesser measure of mazuma.
The post-buy support given by the organization is truly surprising. Clients get their issues settled in less than multi-day. The main pickle with regards to this bot is that you ought to in every case reliably outwardly look at the present market state. If the instability of the crypto advertise is high, at that point you ought to most likely turn the bot off to shun any misfortune
  1. Gekko
This is the most diverse digital money exchanging bot in subsistence at present. For any individual who needs to gain proficiency with some things about exchanging bots and not spend any mazuma getting one, at that point Gekko is the bot for you. The Gekko trading bot is an open source bitcoin exchanging bot venture that is accessible for anybody to use for nothing. The way that it is in freedom to use is the fundamental purpose behind its wide prevalence. Like some other open-source ventures, Gekko is free of for all intents and purposes all bugs and even the ones the pop are fixed up at lightning speeds. The Gekko bot can collaborate with a few trades, including Bitfinex, Polonix, and BitStamp. The bot uses a web interface to associate with the clients and can keep running on a neighborhood machine with Windows, Linux, or the Mac OS.
The bot comes pre-designed with some exchanging system. You can initiate using the bot on autopilot as anon as you introduce and design it with a trade. In any case, if you would savor to use your very own exchanging system, the bot withal endorses you to design it to your savoring. While the present design is respectable for trying different things with the bot, there are a few other exchanging techniques accessible online that would benefit you make an all the more profitably worthwhile wager. The bot will withal send you a notice at whatever point it executes a specific exchange. This is finished by incorporating it with the Telegram envoy. Consequently, you will dependably ken how well your bot is performing.
The main drawback to the Gekko exchanging bot is that it isn't very utilizer-heartfelt. There are a few aides in the digital world that direct you through the underlying setup process. Be that as it may, this procedure isn't extremely direct and you would presumably hit a barricade at any rate once amid the underlying setup.
  1. Zenbot
Another allowed to use digital currency exchanging bot, Zenbot can be considered as a further developed form of the Gekko exchanging bot. Nonetheless, as Gekko has been around for a more extended time, it is all the more generally used. Much the same as Gekko, Zenbot programming can be downloaded from Github and introduced on your neighborhood PC. The product is perfect with Windows, Mac just as the Linux working frameworks. The bot comes pre-arranged with an entirely nice exchanging system. In any case, its real potential can be opened only when you initiate executing your exchanging order. The primary bind with the allowed to use bots is that they are frequently not very utilizer-genial. In any case, this isn't the situation with Zenbot. The entire setup process is extremely effortless, and you can have the bot fully operational in all respects speedily. The bot chips away at all prevalent trades, for example, Bitfinex, Poloniex, Bittrex, and so on.
As it is an open source venture, it is without now of a few bugs, and regardless of whether one springs up, it will be adjusted all around speedily. The Zenbot can effortlessly actualize with a few informing stages, for example, slack, Telegram, and so on to give you the updates of any exchange that was executed.
Adventitiously, the Zenbot withal braces high-recurrence exchanging. This is a component that outlined the personnel of the Gekko bot. The Zenbot is being refreshed, and more highlights are being incorporated traditionally. Hence, making it a bot for you to reliably outwardly analyze.
  1. WolfpackBOT: WolfpackBOT is a cryptographic money exchanging programming application that has been created with the most developed highlights of any robotized exchanging programming of its sort. The WolfpackBOT has been intended to execute exchanging directions with the usage of restrictive numerical calculations, and specialized investigation bespeakers predicated on the client's predefined assignments.
The cryptographic money advertise as of now bearish, and many exchanging bots easily miss the scarcest vacillations. WolfpackBOT has been built to execute trading directions at a lightning speed and is fit for making up to a large number of exchanges every day, relying upon the states of the market.
WolfpackBOT is among the few cryptographic money exchanging bots that give crypto aficionados full self-governance, security, and control of their exchanging bot and its related API keys. A large portion of the crypto trading bots out there are cloud-predicated stages that are constrained by outsider frameworks. While these stages guarantee dealers of outright wellbeing and security, insightful brokers ken that in the crypto space, outsider frameworks like trades and other cloud-predicated steps are hacked proximately consistently. Since WolfpackBOT programming and your related API keys are put away individually PC or devoted VPS, WolfpackBOT can sidestep a significant number of the security issues related to cloud-predicated frameworks.
WolfpackBOT has been created for the whole crypto network, from experienced merchants to novices, with three in all respects reasonably valued membership levels. WolfpackBOT accompanies a few membership bundles that authorize clients to exchange with a wide scope of chances predicated on their favored membership.
  1. CryptoTrader
cryptotrader_reviewAlmost all digital money merchants would have aurally seen about the crypto dealer exchanging bot. The across the board fame of this bot is because it was one of the absolute first bots to be kept running on the cloud and accessible to the clients day in and day out.
The crypto broker bot is plenarily web-predicated and in this manner, open from anyplace you can associate with the digital world. The bot can be easily designed with a few well-known trades, for example, Poloniex, Bittrex, Kraken, and so on. This bot does not come for nothing out of pocket. You can operate from the few organizations accessible. The valuing initiates with 0.003BTC every month for the most simple arrangement and this goes up to 0.0472 BTC every month for their excellent arrangement.
While all plans do offer clients support for programmed exchanging, the early highlights and as far as possible for the more indulgent plans is higher than that given the basic arrangement. Any early component that is caused is most readily accessible on the higher bundle designs and are later accessible on the basic plans. On the off chance that you would simply savor to exchange on a solitary trade and with exceptionally delineated mazuma, at that point the basic arrangement will get the job done. Be that as it may, on the off chance that you are outwardly looking at the higher volume of exchanges, at that point run with the higher bundle.
This bot additionally sustains algorithmic exchanging. In this manner, I am making it effortless for clients to execute their very own arrangements. The bot can be effortlessly modified. In this manner, I am making it a broadly utilized cryptographic money exchanging bot.
  1. Bitcoin Robot
btcrobotWe simply needed to incorporate the pioneer of digital currency exchanging bots on our rundown of the best crypto exchanging bots. The Bitcoin robot started as a Bitcoin exchanging bot. In any case, it can now withal be designed to exchange different digital currencies, for example, Ethereum and Litecoin. The bot is accessible as a product and should be downloaded and keep running on your neighborhood machine. This betokens the exchanges will be executed just as long as you keep your PC turned on. The bot can effortlessly work with a few digital money trades and is by and large broadly utilized even today. The bot isn't accessible free of expense and costs you a premium. The cost of the bot ranges from $19.99 every month for the principal plan. In any case, clients usually buy the platinum plan that costs just $399 one time charge and offers utilizer unlimited access to every one of the highlights.
The benefits made by individuals using this bot verbalizes for itself. Supplementally, they do offer a 60-days mazuma back assurance. Along these lines, you should look at them once.
  1. USI Tech
This can't be considered as a bot. In any case, the USI tech BTC settlement promises mechanized benefits for your BTC speculations. The USI Tech was at first intended for Forex exchanging. In any case, after the raise of the ubiquity of Bitcoin, they additionally offer BTC bundles. Not at all like some other BTC exchanging bot where you require to give the API key of your trade account to execute exchanges, on USI Tech, you will require to winnow from among the few BTC master exchanges. At that point, you will begin accepting your segment of benefits at whatever point exchange is made.
The USI Tech stage basically ensures extraordinary comes back to your speculations. The entire procedure of purchasing your absolute first BTC bundle is withal simple and pellucidly elucidated on their site. You can explore different avenues regarding the benefits that you gain. In any case, the number of bundles you purchase, the more dominant will be your benefit
  1. Margin.De (Leonardo Bot)
Edge LeonardobotThis is a cryptographic money exchanging bot with the most utilizer-genial interface. The GUI of the bot is easy to use, and the highlights gave are extremely puissant. The bot was structured with two exchanging techniques ping pong and Margin exchanging actualized into it. In any case, you can withal modify it with your very own custom settings. This bot lays incredible complement on the visual parts of exchanging. The specialized examination done by the bot is immensely simple to break down. What more? The bot has an astonishing component called visual exchanging. This interface feels rich smooth to use and offers clients the most extreme authority over the exchanges.
The bot was at first evaluated at 0.5 BTC consistently. Notwithstanding, presently, it is accessible at a one-time cost extending from $89 to $1999 with the most elevated arrangement offering a bigger number of highlights than th
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Hamdan Token is to invest in AI and robotics

Hamdan Token is to invest in AI and robotics
Hamdan Token is set to invest in AI and robotics as it will boost the market of crypto and encourage people to make profits from their investment.
Learn more about the Hamdan Token. Click Here: www.hamdantoken.io
#hamdantoken #cryptocurrency #bitcoin #blockchain #btc #crypto #price #ethereum #ico #ltc #trading #eth #market #blockchain #money #forex #trading #bitcoinmining #cryptonews #investment #entrepreneur #cryptotrading #business #forextrader #investing #bitcoinnews #litecoin #invest #binaryoptions #bitcoincash #coinbase #bitcoins #ripple #investor #trader #binance
https://preview.redd.it/y8u67ipu4d841.jpg?width=800&format=pjpg&auto=webp&s=06366f6112d25b1ee68a815c6817c98f15aca88d
submitted by hamdantokenofficial to u/hamdantokenofficial [link] [comments]

Hamdan Token is to invest in AI and robotics

Hamdan Token is to invest in AI and robotics
Hamdan Token is set to invest in AI and robotics as it will boost the market of crypto and encourage people to make profits from their investment.
Learn more about the Hamdan Token. Click Here: www.hamdantoken.io
#hamdantoken #cryptocurrency #bitcoin #blockchain #btc #crypto #price #ethereum #ico #ltc #trading #eth #market #blockchain #money #forex #trading #bitcoinmining #cryptonews #investment #entrepreneur #cryptotrading #business #forextrader #investing #bitcoinnews #litecoin #invest #binaryoptions #bitcoincash #coinbase #bitcoins #ripple #investor #trader #binance
https://preview.redd.it/qmdgex0dxy641.jpg?width=800&format=pjpg&auto=webp&s=f0137128d670ccdfb9ed0db3ce1784720ca3e38e
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Weekly news review ( November 2-8)

Weekly news review ( November 2-8)
Happy Monday, Community!
As always - it's time for last week's news highlights!
https://preview.redd.it/7zzd32ucv0y31.png?width=1200&format=png&auto=webp&s=adae5e4e826885266c2be75f48a72b86ddf03b2f
The United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs (HMRC), has updated its cryptocurrency taxation guidelines for businesses and individuals.
The guidelines set out HMRC’s view on cryptocurrency transactions, which taxes apply, how to file tax returns and accounting practices, among others. It also considers the taxation of exchange tokens, while stating that rules for utility or security tokens will be added in the future.
The tax authority explicitly stated that it does not consider any of the current types of cryptocurrencies to be money or currency.
HMRC further recognized that the cryptocurrency sector is a fast-moving one and it will therefore look at the facts of each case separately and apply the relevant tax provisions according to what has actually taken place, rather than by relying on theory alone.

The humanoid robot named Sophia returned to the Web Summit stage, where she fielded questions from participants and journalists, including inquiries about blockchain technology and cryptocurrencies.
Sophia, who will turn four years old in February and who was inspired by the looks of actress Audrey Hepburn, was asked if she had an opinion on blockchain, Bitcoin (BTC), and cryptocurrencies. She answered:
“I know what cryptocurrencies are, but I do not use them yet myself. I don’t use money at all.”

An Illinois resident who won $500,000 in a state lottery has revealed he put half of it into Bitcoin (BTC) back in May. Redditor “Joxnlol,” posted an image of himself clutching the Illinois state lottery cheque on Nov. 5, with the caption: “Did this. Then put half into BTC in May. Remind me in 8 months if I f****d up.”
In a subsequent post, Joxnlol indicated that he plans to HODL the investment for a minimum of one year, revealing:
“I don't intend to touch any of it for at least another year. I set aside money for emergencies, I set aside money for myself, and I set aside money for tattoos. The only major purchases I've done is [...] bought a new car for myself and put a downpayment on a house.”

Bitcoin price will see $16,000 'soon-ish,' predicts Binance CEO CZ
Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, says a price of $16,000 per Bitcoin will happen “soon-ish,” in a tweet sent on Nov. 1. Zhao explains that price predictions are easy, but getting the timing right is hard.
He said:
“Lol, price predictions are easy. It's just hard to be right about the timing. We will see $16k soon-ish. 1.4 billion people working on it as we speak.”
The message was an answer to the tweet of another user who pointed out that the prediction of an anonymous 4chan user predicting Bitcoin’s price would hit $16,000 by the end of October turned out to be wrong. The given prediction also stated that BTC will hit $29,000 in the first quarter of next year, $56,000 in Q3 2020 and $87,000 in Q4 2020.

Two former employees of Twitter have been charged with spying on thousands of Twitter user accounts on behalf of the Saudi Arabian government, likely with the purpose of unmasking the identity of dissidents.
Both ex-employees were recruited in 2014 by Saudi government officials with close ties to the Saudi crown prince, Mohammed bin Salman, to access sensitive and non-public information of Twitter accounts associated with known Saudi critics.
Twitter acknowledged that the company has cooperated in this investigation and that it limits access to sensitive account information "to a limited group of trained and vetted employees."

Let us know what you think in the comments section down below!
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Hamdan Token is to Invest in AI and Robotics

Hamdan Token is to Invest in AI and Robotics
Hamdan Token is set to invest in AI and robotics as it will boost the market of crypto and encourage people to make profits from their investment.

Learn more about the Hamdan Token. Click Here: www.hamdantoken.io

#hamdantoken #cryptocurrency #bitcoin #blockchain #btc #crypto #price #ethereum #ico #ltc #trading #eth #market #blockchain #money #forex #trading #bitcoinmining #cryptonews #investment #entrepreneur #cryptotrading #business #forextrader #investing #bitcoinnews #litecoin #invest #binaryoptions #bitcoincash #coinbase #bitcoins #ripple #investor #trader #binance
https://preview.redd.it/9aj785x9q2r31.jpg?width=800&format=pjpg&auto=webp&s=903b9e1f13be02c3f96bfef06d66717ae5c893ea
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How to prepare your portfolio?

How to prepare your portfolio?

https://preview.redd.it/pq8tury8b6i31.jpg?width=3334&format=pjpg&auto=webp&s=7d68944819a4b22cbd095aabcbe251c3e423ed29
What is common between a pupil and a trader? They have to prepare their schoolbags and portfolios before studying. Pupils are getting ready to a new study year and traders take long-term strategy before the new year. Today we share how to choose coins for your portfolio and how to manage investments strategically.

What to put in your portfolio?

Remember how you had to bring a lot of textbooks to school? Studying geography, English, physics, chemistry is also a kind of risk diversification. None of us in first grade knew who we would be after school. Therefore, just in case, we studied anything.
In trading, it’s all the same - the more cryptocurrencies there are in the portfolio, the better prepared a trader is.
A crypto portfolio that contains various cryptocurrencies helps a trader not to be afraid of high volatility on the market which can jump due to simple criticism of the company in addition to a failed partnership or bankruptcy. A trader can lose everything if his portfolio has just one coin.
Experts advise collecting two portfolios at once - for the long-term and for the short-term strategy. In the long term it is better to trade promising and reliable cryptocurrencies, in the short term it is better to trade coins with a capitalization of $ 10-50 million. It is better to invest more in friendship with nerds and only occasionally use cheat sheets than the other way around.
The minimum amount of cryptocurrencies in trader’s portfolio is cryptocurrencies from 5 different categories:
  • market leaders — Bitcoin, Ethereum;
  • stable coins — Tether, TrueUSD;
  • dividend tokens — Nexo, STE;
  • exchange and utility tokens — ROBO, Binance Coin;
  • very promising, but high-risk coins — EOS, TRON.
Next, let’s discuss how to choose coins.

How to choose coins?

Remember five criteria.
Project’s sustainability. Try to know more info about the company that issued the token or coin. What user problem does it solve? What product does the company offer? Will it be in demand on the market?
Capitalization. Estimate cryptocurrency trading volumes and quotes. Are traders ready to invest in it, how much have they already invested in it? The greater the trading volume is, the higher the interest in the coin is. The higher the total capitalization is, the less volatility and possible profit this coin has.
Maximum emission. The real demand for a coin should be higher than its maximum emission but not the other way around.
Crypto community. Pay attention to the transparency of the project and the community grown up around the product. Follow the project’s social networks, see how often the news comes out, what the subscribers promise. Check the support service - how active it is and whether it responds at all.
Newsfeed. Analyze the news about the company - what media writes about the project, how often it is mentioned in the news.
In about the same way, pupils choose a partner at the desk - look at his grades, neatness, listen to what teachers and other classmates say about him. If no one is sitting with Natasha (maybe it is better to use some English name, say Jane), even if she is pretty, maybe you shouldn’t sit with her in math?

How to allocate risks?

It’s not enough to choose coins - it’s important to understand what ratio to put in the portfolio. The rule is simple - the less risk, the greater the volume; the more risks, the less volume. Many people invest up to 90% of their capital in Bitcoin, while the rest of funds is invested in projects that can work but so far too risky to invest a lot of money in.
If a trader collects a portfolio with minimal risk he distributes the investment the following way:
  • 80% — in market leaders and stable coins;
  • 15% — in coins with high liquidity and an average rate;
  • 5% — in cheap but promising cryptocurrencies.
If a portfolio has high risks:
  • 60% — in stable cryptocurrencies;
  • 25% — popular altcoins with a stable rate and growth prospects;
  • 15% — underestimated assets, coins only issued after the ICO and IEO.
A portfolio with minimal risks can bring less profit but it is more reliable - you can go into the long-term trading with it with already set stop loss in the terminal. The Optimus robot in the CryptoRobotics terminal is your best nerd friend who will do the homework for you and help you with the test.

What strategy to take?

What’s your plan - to earn immediately or trade in long-term?
If you want to take profits during the day there should be more altcoins in your portfolio and trade should go with short stop-losses. This is a painstaking daily work but there are chances to get super profits. This is how to prepare for one test and get A mark.
A long-term strategy is a full-fledged investment in reliable and powerful cryptocurrencies that can withstand all fluctuations on the market. You begin to sit for one hour at school textbooks starting from the day one and you sit for 11 years and only after that you get a gold medal.
There is one more thing that unites traders and school children - this is the constant, continuous training that helps you to achieve maximum results. But pupils do not have convenient, beautiful and multifunctional tools that would help to increase knowledge in a couple of clicks. And straight-A traders use CryptoRobotics.
Good luck and profits!
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Cryptocurrency: Is It Still Alive or Dying? Part 2.

Cryptocurrency: Is It Still Alive or Dying? Part 2.
Part 2. Political and Economic Trends in Favor of the Cryptocurrency Market Development

In the first part of the story we showed that the cryptocurrency market crash in 2018 and the beginning of its recovery in 2019 fit well into the general patterns of the financial bubbles’ development, and also repeat pretty well the Bitcoin dynamics of 2014-2016. But besides the analogies with other bubbles, there are a lot of other arguments in favor of the global growth of the market, among which are the political and economic trends of the recent years.

Relaxation of the Political Climate around the Cryptoassets

The entire year of 2017 has witnessed heated discussions as to the legal status of the digital assets. One of the central events of the year was their legalization in Japan in April. Precisely this legalization, according to many, spurred a dramatic growth of the cryptocurrency market in May (especially, altcoins). But the majority of other countries during this period held more skeptical positions.

The U.S. government on several occasions refused to register bitcoin-ETF - exchange-traded funds, the price of shares in which would repeat the price of BTC. The U.S. government also extremely tightened the conditions of the ICO procedure, while some countries, such as China and South Korea - have banned it completely. Certain countries, such as Indonesia and Salvador, have banned cryptocurrencies to the extent of criminal responsibility.

A number of countries, including Russia, have adopted a cautious wait-and-see attitude, regularly promising to impose restrictions of varying severity, but not hurrying to sign it into law.

A turning point on the way to the global recognition of the cryptocurrency was the beginning of trading the Bitcoin futures at the Chicago exchanges (CME) (the world’s largest stock exchange in terms of turnover) and CBOE in December of 2017. That is when the American government admitted openly that cryptocurrencies are now to be reckoned with. With the beginning of this trade, the powerful financial circles of the USA, whose opinion cannot be ignored by the political leadership, became interested in the development of the cryptocurrency market.

Chicago Mercantile Exchange, CME – the world leader in terms of trade volume

In 2018, the following paradox became obvious: even if over the longer term cryptocurrencies are dangerous for the modern political system (tied up in the central banks and the currency exchange regulation), the countries that will be the first to prohibit them will be most affected along with those countries that will simply overdo stirring up negative attitude. Those countries that will settle on legalization will benefit. The drain of brains and capitals will be directed to these countries from the more repressive or unpredictable countries. A typical example of that - Crypto Project GRAM of the Russian businessman Pavel Durov, whose ICO in 2018 reached a record amount, but it was carried out in USA, and not in the legislatively uncertain Russian Federation.

The experience of the countries that have legalized the cryptocurrencies, proved successful both from the financial standpoint, and from the perspective of the international prestige. They proved themselves to be open to the progress and new freedoms. In addition to Japan, Switzerland is especially noteworthy here, because it legalized cryptocurrencies as early as in 2016, but the most brilliantly announced about itself in 2018, when its banks began to introduce cryptocurrency services one after another. Among the innovator banks there was even a Swiss subsidiary of the Russian Savings Bank (Sberbank). The very expression “Swiss bank” became a synonym of not only high reliability, but also innovation.
A milestone event of 2018 was legalization of cryptocurrencies in Germany – the leading economy of the European Union. Rather liberal measures relative to the cryptocurrencies are being applied today in Czechia, Sweden, Canada, Denmark, Australia, Estonia, Norway, Finland, and a number of other countries.

“Legalization parade” has shown: the politicians with repressive attitudes cannot count on the global ban of the cryptocurrencies (which seemed theoretically possible in 2016-2017). Economically developed countries made an obvious choice: “if you cannot stop the process – become its leader”. And precisely in these countries the maximum capitals are being circulated, and the market situation depends precisely on their business activity.

Explosive Growth of the Retail Use of Cryptocurrencies
Despite obvious popularization of cryptocurrencies, there is still a myth that they are purely investment and speculative instrument, which, even if used as a payment method – only in the dark net, and as a means of payment for illegal commodities. But this is not the case today. As far back as 2013-2015, legal services accepting bitcoin emerged, and in 2016-2018 their market has undergone explosive growth.

The pioneers of the cryptocurrency market of goods and services in 2013, were, for example, Virgin Galactic – space tourism company, Victoria’s Secret lingerie company, Shopify - a supplier of software for the online stores. In 2014, the cryptocurrency was adopted by the Overstock online store, Expedia tourism service, Zynga – operator of the online games, the software monster Microsoft and many others. Some of these companies considerably went up due to the innovations: for example, the shares of Shopify and Overstock have increased in price several-fold since then.

As of today, the cryptocurrency is accepted by hundreds of large companies and thousands of small ones, while the range of their products is approaching the one in a traditional economy. The most popular categories of the goods for the cryptocurrency in the large famous companies are tourism and air tickets (Expedia), software and games (Microsoft, Shopify, Zynga, Steam), clothing and other consumer goods (Victoria’s Secret, Overstock.com, Rakuten), as well as food products (Subway, KFC, Burger King – in Russia). As an example, Playboy erotic products, premium accounts of the 4chan.org and reddit.com forums, Bloomberg.com business news, automobiles in the Czech show room Alza and many other goods can be also purchased for cryptocurrency.

A number of well-known companies, although they prefer traditional payments, nevertheless allow crypto payments through the intermediary services, such as gyft.com (trading with the card Gyft for BTC). For example, Ebay online store, Wallmart supermarket chain, Starbucks restaurants, Uber taxi service, etc. The turnover of gyft.com is evaluated in the amount of 25 million dollars with only 38 employees.
Small start-up companies often use ready-made multicurrency gateways such as coinpayments.net. It supports dozens of currencies, and hosts about 400 companies. In addition to mainstream, it contains a lot of specialized commodities. For example, crypto-armory.com sells cartridges, francvila.com – Swiss watches, directvoltage.com - 3D-printers, electric motors, CNC machines, etc. Some new stores not only accept cryptocurrencies, but also purposely give up fiat currency. For example, crypto-armory.com, explaining their refusal from fiat currency, state both ideological, and narrow pragmatic reasons. In the opinion of the owners of the store, it is easier to accept cryptocurrency payments both technically and legally.

Cartridges from the cryptocurrency store crypto-armory.com
An important trend of 2017-2018, in addition to the general growth of the commodity market - re-orientation of the stores to the multi-currency payments. Whereas previously most of them accepted only BTC, now a sign of good manners is to accept also LTC, ETH, XMR and at least several more currencies.

Thus, while the politicians were solving the problem in the manner “not possible to allow - disallow”, a vast market of commodities for cryptocurrency spontaneously emerged on the Internet. Some of its participants have multibillion capitalizations. This market is very international. The majority of commodities and services can be bought even from Russia and other countries, where cryptocurrency is not legal as an internal payment instrument, but is not prohibited as such. Today, it is hard to imagine a consumer good, which cannot be bought for cryptocurrency.

The Latest Trend – Support of Cryptocurrencies by Smartphones

The first smartphone with a cryptocurrency wallet was HYPERLINK "https://bitcryptonews.ru/blogs/sravnenie-blokchejn-smartfonov-exodus-1-i-finney"HTC Exodus 1, released in the autumn of 2018. Then, a crypto smartphone HYPERLINK emerged "https://bitcryptonews.ru/blogs/obzor-kriptosmartfona-finney"Finney. And in March of 2019, the baton was unexpectedly picked up by the smartphone from the major South Korean company, Samsung - Galaxy S10. And although Samsung refrained from the direct embedding of the cryptocurrency wallet into the standard supply set, a brand wallet of Samsung can be installed from the Galaxy Store.

Galaxy S10 – the first smartphone from Samsung with cryptocurrency support

On the part of crypto enthusiasts, there are a number of claims to Samsung initiative, among which – the lack of bitcoin support (BTC). At the moment, Samsung Blockchain Wallet supports only Ethereum (ETH) and ERC-20 standard currencies and tokens created on its basis:
Basic Attention Token (BAT), Chainlink (LINK), BinanceCoin (BNB), True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and others.

Anyway, from a political and PR perspective, the emergence of Galaxy S10 is a great event.

First of all, smartphone can attract to the cryptocurrency market new people who have greater confidence in the famous brand, than in the traditional bulky cryptocurrency wallets. Now, many people are frightened away from the cryptocurrencies only by technical difficulties, whereas smartphones on many occasions have proved their ability to promote to the masses those things, which previously seemed to be very complex.
Secondly, this step of Samsung is a clear signal both to the domestic and foreign governments: big business is on the side of the new technologies. South Korea has a reputation of a country not very friendly to cryptocurrencies, however, its business giant publicly demonstrated another attitude.
Thirdly, the initiative of Samsung with a high degree of probability will be emulated by other leading producers of communication devices. Thus, shortly after the release of Galaxy S10, there appeared a news that a cryptocurrency wallet will soon be available in iOS Opera Touch, which means that cryptocurrencies can be also stored in iPhone of Apple.
All this creates excellent prerequisites both for the world legalization of the cryptocurrencies, and for the growth of the market due to the increase of the number of users.

Conclusion
Thus, despite the “roller coaster” of the cryptocurrency exchange rates, some fundamental processes have developed steadily in the same direction in the recent years: expansion of the commodity market for cryptocurrency, increase in the number of countries with a liberal attitude to cryptocurrencies, adoption of cryptocurrencies as a strategic technology by more and more industrial giants. The total number of individuals who tried to work with the cryptocurrencies grows steadily, while the new technological trends (in particular, crypto smartphones), can additionally accelerate this growth.

The only thing that can seriously damage a cryptocurrency market is its global ban, but it seems to be unlikely. Right now there are about 40 million bitcoin wallets on earth. It is believed that on average their number is doubled annually, which means that within 5 years it can reach a billion. And if now a global ban on cryptocurrencies is unrealistic due to their profitability for the developed countries, by that time their prohibition will become impossible almost physically.

In the first part of the story we had put forward the arguments as to why the investors need not fear the bubble of 2017-2018: in the end, the bubble showed not so much the riskiness of the crypto investments, but rather their long-term prospects. Today we described political and economic events, which have occurred in parallel “behind the scenes”, and in which there were no “drops” – only progressive development toward the construction of the crypto economy. And in the next, third part, we will try to describe in detail specific financial reasons of the collapse and recovery of the market in 2018-2019.

Analytical department, Trident company, Victor Argonov, Candidate of Physical and Mathematical Sciences.
Source:http://trident-germes.com/
https://www.facebook.com/Germes.mining.robot/
submitted by TridentGermes to u/TridentGermes [link] [comments]

Cryptocurrency: Is It Still Alive or Dying? Part 2

Cryptocurrency: Is It Still Alive or Dying? Part 2
Cryptocurrency: Is It Still Alive or Dying?
Part 2. Political and Economic Trends in Favor of the Cryptocurrency Market Development

In the first part of the story we showed that the cryptocurrency market crash in 2018 and the beginning of its recovery in 2019 fit well into the general patterns of the financial bubbles’ development, and also repeat pretty well the Bitcoin dynamics of 2014-2016. But besides the analogies with other bubbles, there are a lot of other arguments in favor of the global growth of the market, among which are the political and economic trends of the recent years.

Relaxation of the Political Climate around the Cryptoassets

The entire year of 2017 has witnessed heated discussions as to the legal status of the digital assets. One of the central events of the year was their legalization in Japan in April. Precisely this legalization, according to many, spurred a dramatic growth of the cryptocurrency market in May (especially, altcoins). But the majority of other countries during this period held more skeptical positions.

The U.S. government on several occasions refused to register bitcoin-ETF - exchange-traded funds, the price of shares in which would repeat the price of BTC. The U.S. government also extremely tightened the conditions of the ICO procedure, while some countries, such as China and South Korea - have banned it completely. Certain countries, such as Indonesia and Salvador, have banned cryptocurrencies to the extent of criminal responsibility.

A number of countries, including Russia, have adopted a cautious wait-and-see attitude, regularly promising to impose restrictions of varying severity, but not hurrying to sign it into law.

A turning point on the way to the global recognition of the cryptocurrency was the beginning of trading the Bitcoin futures at the Chicago exchanges (CME) (the world’s largest stock exchange in terms of turnover) and CBOE in December of 2017. That is when the American government admitted openly that cryptocurrencies are now to be reckoned with. With the beginning of this trade, the powerful financial circles of the USA, whose opinion cannot be ignored by the political leadership, became interested in the development of the cryptocurrency market.
Chicago Mercantile Exchange, CME – the world leader in terms of trade volume

In 2018, the following paradox became obvious: even if over the longer term cryptocurrencies are dangerous for the modern political system (tied up in the central banks and the currency exchange regulation), the countries that will be the first to prohibit them will be most affected along with those countries that will simply overdo stirring up negative attitude. Those countries that will settle on legalization will benefit. The drain of brains and capitals will be directed to these countries from the more repressive or unpredictable countries. A typical example of that - Crypto Project GRAM of the Russian businessman Pavel Durov, whose ICO in 2018 reached a record amount, but it was carried out in USA, and not in the legislatively uncertain Russian Federation.

The experience of the countries that have legalized the cryptocurrencies, proved successful both from the financial standpoint, and from the perspective of the international prestige. They proved themselves to be open to the progress and new freedoms. In addition to Japan, Switzerland is especially noteworthy here, because it legalized cryptocurrencies as early as in 2016, but the most brilliantly announced about itself in 2018, when its banks began to introduce cryptocurrency services one after another. Among the innovator banks there was even a Swiss subsidiary of the Russian Savings Bank (Sberbank). The very expression “Swiss bank” became a synonym of not only high reliability, but also innovation.

A milestone event of 2018 was legalization of cryptocurrencies in Germany – the leading economy of the European Union. Rather liberal measures relative to the cryptocurrencies are being applied today in Czechia, Sweden, Canada, Denmark, Australia, Estonia, Norway, Finland, and a number of other countries.

“Legalization parade” has shown: the politicians with repressive attitudes cannot count on the global ban of the cryptocurrencies (which seemed theoretically possible in 2016-2017). Economically developed countries made an obvious choice: “if you cannot stop the process – become its leader”. And precisely in these countries the maximum capitals are being circulated, and the market situation depends precisely on their business activity.

Explosive Growth of the Retail Use of Cryptocurrencies

Despite obvious popularization of cryptocurrencies, there is still a myth that they are purely investment and speculative instrument, which, even if used as a payment method – only in the dark net, and as a means of payment for illegal commodities. But this is not the case today. As far back as 2013-2015, legal services accepting bitcoin emerged, and in 2016-2018 their market has undergone explosive growth.

The pioneers of the cryptocurrency market of goods and services in 2013, were, for example, Virgin Galactic – space tourism company, Victoria’s Secret lingerie company, Shopify - a supplier of software for the online stores. In 2014, the cryptocurrency was adopted by the Overstock online store, Expedia tourism service, Zynga – operator of the online games, the software monster Microsoft and many others. Some of these companies considerably went up due to the innovations: for example, the shares of Shopify and Overstock have increased in price several-fold since then.

As of today, the cryptocurrency is accepted by hundreds of large companies and thousands of small ones, while the range of their products is approaching the one in a traditional economy. The most popular categories of the goods for the cryptocurrency in the large famous companies are tourism and air tickets (Expedia), software and games (Microsoft, Shopify, Zynga, Steam), clothing and other consumer goods (Victoria’s Secret, Overstock.com, Rakuten), as well as food products (Subway, KFC, Burger King – in Russia). As an example, Playboy erotic products, premium accounts of the 4chan.org and reddit.com forums, Bloomberg.com business news, automobiles in the Czech show room Alza and many other goods can be also purchased for cryptocurrency.

A number of well-known companies, although they prefer traditional payments, nevertheless allow crypto payments through the intermediary services, such as gyft.com (trading with the card Gyft for BTC). For example, Ebay online store, Wallmart supermarket chain, Starbucks restaurants, Uber taxi service, etc. The turnover of gyft.com is evaluated in the amount of 25 million dollars with only 38 employees.
Small start-up companies often use ready-made multicurrency gateways such as coinpayments.net. It supports dozens of currencies, and hosts about 400 companies. In addition to mainstream, it contains a lot of specialized commodities. For example, crypto-armory.com sells cartridges, francvila.com – Swiss watches, directvoltage.com - 3D-printers, electric motors, CNC machines, etc. Some new stores not only accept cryptocurrencies, but also purposely give up fiat currency. For example, crypto-armory.com, explaining their refusal from fiat currency, state both ideological, and narrow pragmatic reasons. In the opinion of the owners of the store, it is easier to accept cryptocurrency payments both technically and legally.

Cartridges from the cryptocurrency store crypto-armory.com
An important trend of 2017-2018, in addition to the general growth of the commodity market - re-orientation of the stores to the multi-currency payments. Whereas previously most of them accepted only BTC, now a sign of good manners is to accept also LTC, ETH, XMR and at least several more currencies.

Thus, while the politicians were solving the problem in the manner “not possible to allow - disallow”, a vast market of commodities for cryptocurrency spontaneously emerged on the Internet. Some of its participants have multibillion capitalizations. This market is very international. The majority of commodities and services can be bought even from Russia and other countries, where cryptocurrency is not legal as an internal payment instrument, but is not prohibited as such. Today, it is hard to imagine a consumer good, which cannot be bought for cryptocurrency.

The Latest Trend – Support of Cryptocurrencies by Smartphones

The first smartphone with a cryptocurrency wallet was HYPERLINK "https://bitcryptonews.ru/blogs/sravnenie-blokchejn-smartfonov-exodus-1-i-finney"HTC Exodus 1, released in the autumn of 2018. Then, a crypto smartphone HYPERLINK emerged "https://bitcryptonews.ru/blogs/obzor-kriptosmartfona-finney"Finney. And in March of 2019, the baton was unexpectedly picked up by the smartphone from the major South Korean company, Samsung - Galaxy S10. And although Samsung refrained from the direct embedding of the cryptocurrency wallet into the standard supply set, a brand wallet of Samsung can be installed from the Galaxy Store.

https://preview.redd.it/p8zc6dat0ay21.jpg?width=1280&format=pjpg&auto=webp&s=d7f173f7470107c2f4cc5868ed882089499b2a09
Galaxy S10 – the first smartphone from Samsung with cryptocurrency support
On the part of crypto enthusiasts, there are a number of claims to Samsung initiative, among which – the lack of bitcoin support (BTC). At the moment, Samsung Blockchain Wallet supports only Ethereum (ETH) and ERC-20 standard currencies and tokens created on its basis:
Basic Attention Token (BAT), Chainlink (LINK), BinanceCoin (BNB), True USD (TUSD), USD Coin (USDC), Paxos Standard (PAX) and others.

Anyway, from a political and PR perspective, the emergence of Galaxy S10 is a great event.

First of all, smartphone can attract to the cryptocurrency market new people who have greater confidence in the famous brand, than in the traditional bulky cryptocurrency wallets. Now, many people are frightened away from the cryptocurrencies only by technical difficulties, whereas smartphones on many occasions have proved their ability to promote to the masses those things, which previously seemed to be very complex.

Secondly, this step of Samsung is a clear signal both to the domestic and foreign governments: big business is on the side of the new technologies. South Korea has a reputation of a country not very friendly to cryptocurrencies, however, its business giant publicly demonstrated another attitude.

Thirdly, the initiative of Samsung with a high degree of probability will be emulated by other leading producers of communication devices. Thus, shortly after the release of Galaxy S10, there appeared a news that a cryptocurrency wallet will soon be available in iOS Opera Touch, which means that cryptocurrencies can be also stored in iPhone of Apple.

All this creates excellent prerequisites both for the world legalization of the cryptocurrencies, and for the growth of the market due to the increase of the number of users.

Conclusion

Thus, despite the “roller coaster” of the cryptocurrency exchange rates, some fundamental processes have developed steadily in the same direction in the recent years: expansion of the commodity market for cryptocurrency, increase in the number of countries with a liberal attitude to cryptocurrencies, adoption of cryptocurrencies as a strategic technology by more and more industrial giants. The total number of individuals who tried to work with the cryptocurrencies grows steadily, while the new technological trends (in particular, crypto smartphones), can additionally accelerate this growth.

The only thing that can seriously damage a cryptocurrency market is its global ban, but it seems to be unlikely. Right now there are about 40 million bitcoin wallets on earth. It is believed that on average their number is doubled annually, which means that within 5 years it can reach a billion. And if now a global ban on cryptocurrencies is unrealistic due to their profitability for the developed countries, by that time their prohibition will become impossible almost physically.

In the first part of the story we had put forward the arguments as to why the investors need not fear the bubble of 2017-2018: in the end, the bubble showed not so much the riskiness of the crypto investments, but rather their long-term prospects. Today we described political and economic events, which have occurred in parallel “behind the scenes”, and in which there were no “drops” – only progressive development toward the construction of the crypto economy. And in the next, third part, we will try to describe in detail specific financial reasons of the collapse and recovery of the market in 2018-2019.

Analytical department, Trident company, Victor Argonov, Candidate of Physical and Mathematical Sciences.
Source:http://trident-germes.com/
https://www.facebook.com/Germes.mining.robot/
submitted by TridentGermes to ENG [link] [comments]

Binance: JPMorgan Token a ‘Stepping Stone’ to Mass Crypto Adoption

Binance: JPMorgan Token a ‘Stepping Stone’ to Mass Crypto Adoption

By exposing large clients to a private blockchain structure, Jamie Dimon and JPMorgan will indirectly increase interest in the wider crypto industry. | Source: REUTERS / Mike Blake
JPMorgan’s controversial blockchain token might not be a real cryptocurrency, but researchers say it could help spark concrete crypto adoption.

BINANCE ARGUES JPMORGAN’S DUBIOUS CRYPTO PROJECT WILL SPUR REAL ADOPTION

In a new article from Binance Research, one of the world’s largest cryptocurrency exchanges deems JPM Coin a “stepping stone” toward mass adoption. By exposing large clients to a private blockchain structure, JPMorgan will indirectly increase interest in the wider crypto industry.
“The rise of this third generation of stablecoins may only be an intermediate stepping stone for cryptocurrency mass adoption. Stablecoins running on private blockchains will contribute to increasing awareness of the rest of the blockchain and cryptoasset industry in the long run.”
The question they set out to answer, whether or not JPM Coin can disrupt the stablecoin market, comes back as “very unlikely.”
“It is very unlikely that JPM Coin will disrupt the existing stablecoin industry in the near term owing to its permissioned, private nature. Currently, stablecoins issued by banks are designated to serve a specific purpose and as a result, do not directly compete with the existing stablecoins.”

WILL JPM COIN BE MADE AVAILABLE TO REGULAR CHASE USERS?


JPMorgan isn’t likely to make its crypto token available to consumers – at least not yet. | Source: Shutterstock
The query follows Jamie Dimon’s flirting with the idea that JPM Coin might become a household item, as opposed to an esoteric product used by a small percentage of institutional clients for cross-border transactions. Dimon said of this possibility:
“JPMorgan Coin could be internal, could be commercial, it could one day be consumer.”
However, as CCN’s Josiah Wilmoth noted, the JPM Coin website specifically states they have no existing intention to issue it to the public. The token is currently unavailable to everyday consumers.
JPM Coin reminds one of “E Coin” from USA’s “Mr. Robot” series. The “cryptocurrency” was used as a means to settle transactions within the bank’s massive holdings.
Binance also concludes in agreement with Ripple Labs CEO Brad Garlinghouse: Ripple and JPM Coin are not currently in a competitive state:
“Overall, the two projects appear to have different focuses and potential applications in the short term. While there is currently no direct overlap on the functionality of the two initiatives, future developments on the reach of JPM Coin outside of its existing closed network will determine to what degree Ripple and JPM Coin will compete.”
Garlinghouse said of JPM Coin:
https://preview.redd.it/76yvdqupu1k21.jpg?width=798&format=pjpg&auto=webp&s=69564f0f428a987b00733236e623448775277aeb

JPM COIN: LARGEST STABLECOIN?

If we categorize JPM Coin as a stablecoin, it takes very little effort for it to be the largest. As Binance writes:
“Based on J.P. Morgan’s position as one of the world’s largest banks, even a small portion of total assets locked as fiat collateral for JPM Coin could make the institution the largest stablecoin issuer on a blockchain measured by circulating supply and total market cap.”
JPMorgan moves up to $6 trillion in assets daily. The total market capitalization for all stablecoins is well under $3 billion. If JPM Coin represents just 1% of JPMorgan’s daily average, it more than doubles the market.
But it’s not a stablecoin in the same respect that Tether or TrueUSD are. It’s not available to traders all over the world, nor even people outside of JPMorgan’s top client list. It’s not something you can take and redeem for Bitcoin. It, therefore, has no actual net effect on the stablecoin market. The purpose that existing stablecoins serve is not affected by the issuance of JPM Coin.
Original from: https://www.ccn.com/binance-jpmorgan-token-a-step-to-crypto-adoption
submitted by dForceProtocol to u/dForceProtocol [link] [comments]

How to generate profit on Bittrex using AI

How to generate profit on Bittrex using AI
https://preview.redd.it/q5ro6dji4hg21.png?width=1241&format=png&auto=webp&s=88f5b57c781b80fda7a8243c2b69a1ee12d18de4
Appeared only a few years ago, the business around crypto-currencies is still growing today. This activity tends to impose itself, as a successful market for investors and traders who can make huge profits, with the possibility of sometimes reaching unsuspected profitability figures. It is in this context that other trading platforms have gradually been set up, like Bittrex, allowing users of cryptocurrency to be able to trade directly online (much like the stock market). Moreover, tools such as artificial intelligence (Bittrex trading bot) have been developed to facilitate their task even more while optimizing their trading activities. You will discover in this article how to optimize trading on Bittrex and generate more profits thanks to artificial intelligence.
Trading with Bittrex Bot
Bittrex is a worldwide leader in the revolution that blockchain is having. Bittrex is the most reliable and effective security technologies that are available today. We leverage There is an elastic and multi-stage wallet strategy that ensures that the majority of funds in the system are kept in cold storage for the purpose of additional safety. With Bittrex, there is also a two-factor authentication procedure for all users; also provided is are additional security features to ensure multiple layers of protection.
Now, how important is it to use the Bittrex Trading Bot?
Typically, we know bots perform those tasks that are simple, structural and repetitive. These tasks are executed at a much higher rate compared to how it would be possible for a human. In trading then, an internet bot is a software application that runs automated tasks or scripts over the Internet.
How Bittrex does works concretely
The Bittrex exchange and trading site are suitable for anyone wanting to expand their e-money portfolio, because it has several variants, you will even find the least popular one. If you want to know how the platform works, we will use the example of Bitcoin, to better explain the transfer mode of electronic money on the site, from another platform. Plus, you will have to master What Is Bot Trading.
And you might be wonder, Can I trust a trading bot or Crypto trading bot?
The right tool may be essential for a trader who is savvy, but human intervention is always essential to maximize profits and avoid dizzying losses. That is why you have to look for the Best Bittrex Trading Bot.
It is vital to find a well-known trading bot that is coding errors free and minimizes downtime. Bots should also be built into features that protect the users against flash crashes - a phenomenon all too common in the cryptography world. There have been cases where trading robots who appear to be credible have turned out to be scams, and so investors are subsequently not capable to withdraw money from their own accounts. Always make sure you choose a service that has been existing for a long time - and beware of companies that make bold and confident claims about how much revenue they have (especially those who might say fall under best free crypto trading bot).
In the end, you have to remember that trading robots are not too good for you if you are just looking for passive income. Getting the right results with some of these software takes time and effort - and often includes a series of back testing strategies on historical data to see how certain transactions would have failed. You should always endeavor to use small amounts of capital early until you really get used to a certain new system. On the other hand, the risk of human error is much smaller when you use a bot, because automated trading tools are unable to create costly typos, even on the Bittrex Crypto Trader Bot.
Getting acquainted with Binance Trading Bot
“Binary” + “Finance” = Binance Binance is the cryptocurrency exchange that welcomes people from Bitcoin faster than any other exchange platform on the market. It is especially one of the cryptocurrency central banks that publish Bitcoin futures contracts on day 1 after the snapshot. One of the selling advantages of the exchange is the fact that it operates in many countries of the world.
Another very vital point about Binance is the fact that it is very low in fees compared to other exchanges in the cryptocurrency arena with a very large user base volume. All these surprizing features have helped Binance to be one of the most lucrative exchanges in the market for exchanging cryptocurrencies.
However, due to the high volatility of the cryptographic market, some operators are struggling to catch up with the constant fluctuations of the market. To solve this issue, an experienced trader and cryptography enthusiasts have developed the algorithmic trading method, also called "Trading Bots".
To eliminate traders' emotions and maintain business ethics in order to achieve a higher level of consistency all day round, Binance Automated Trading Bot is extremely useful.
Due to the constant growth of crypto-currencies, different techniques are often being developed, resulting in different strategies for developing different and various algorithms in trading. Many trading robots have been written with different algorithms, some specially designed for the Binance exchange, while others have been designed to adapt to many trading platforms, with different strategies.
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