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MVIS Stock Message Board on Reddit. Microvision technology and stock prices discussion. $MVIS

Discussion about MicroVision Stock (MVIS) and about applications that use or may use MicroVision's technology. $MVIS
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Coinigy Releases Mobile Charting and Trading Applications on iOS and Android #bitcoin #altcoin #ico… https://t.co/kR9QTLJD70 - Crypto Insider Info - Whales's

Posted at: May 18, 2018 at 06:35PM
By:
Coinigy Releases Mobile Charting and Trading Applications on iOS and Android #bitcoin #altcoin #ico… https://t.co/kR9QTLJD70
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

Q3

For Trading October 1st
Welcome to Q3
Rally Continues
PLTR Prices @ $7.25 ASAN $21.00
Today’s market was looking pretty ugly on the overnight futures reaction to the debate, but we had a deluge of positive data coming from ADP, Case Schiller, Chicago PMI, another look at Q2 GDP and mortgage applications. We moved from -200 DJIA to +100 in the last 20 minutes leading up to the open and it only got better from there. We had the Treasury Secretary from the Seeking Alpha virtual meeting talking about his conversations with Speaker Pelosi and gave some hopeful words, which added gas to the fire, and we were headed to +550 on the DJIA with the rest of the market following. When the dust settled we finished with the DJIA +329.04 (1.2%), NASDAQ +82.26 (.74%), S&P 500 +27.53 (.83%), the Russell +2.97 (.20%) and the DJ Transports the only one lower at -71.79 (.63%). Market internals were unimpressive although volume was about 30% higher but that was likely the effect of the end of the quarter. There were only 2 DJIA lower (DIS & NKE) while the biggest gainers were AXP, UNH, AMGN, GS, & HD.
Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members.
I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!!
TUESDAY’S RADIO SHOW: https://youtu.be/dJGunoIqLZU v With my guest: David Weinstein on Bio-Hacking !!
Tonight’s closing comment video: https://youtu.be/e9UkY-d19rw
SECTORS: There wasn’t a lot of sector news, but we did have some news from DIS after the close laying off 28,000 employees at the “parks” division with full time, part time, as well as executives. The stock finished today $124.00, better than last night’s reaction but still lower by $1.40 (1.12%). Micron (MU) was sold off even though they beat top and bottom lines but sellers took control and after it traded up to $52.67 on the headline, it spent the day today selling off and closed on the lows at $46.90 -3.81 (7.51%). This is why I always try to NOT trade earnings reports. This is a prime example of being right on the numbers and having it cost you money.
Becton Dickenson reported positive results on their “antigen-based test’ and was higher, closing $233.71 +8.28 (3.67%). Moderna (MRNA) was also higher during the day with a high of $75.39 but finished $70.75 +.23 (.33%). PLL who signed a 5-year agreement with TESLA for an element used in batteries that had traded $54.50 and since closing $37 +26 has had a couple of weaker days finishing the day today $23.69 -1.69 (6.66%) but still well up from $11.00.
New Group: AIR & CRUISE LINES were HIGHER with CCL +.27, RCL +.50, NCLH +.80, AAL +.16, DAL +.12, UAL +.59, HA +.15, ALK -.04 and XTN $58.15 -.18 (.32%).
FOOD SUPPLY CHAIN was HIGHER with TSN +.51, BGS -.04, FLO +.23, CPB +.35, CAG +.17, MDLZ +.96, KHC +.34, CALM -.22, JJSF +1.04, SAFM -.03, HRL +.38, SJM +2.51, PPC +.17, KR +.19, and PBJ $32.72 +.22 (.68%).
BIOPHARMA was HIGHER with BIIB +1.33, ABBV +1.28, REGN -12.51, ISRG +19.45, GILD +1.45, MYL +.26, TEVA +.16, VRTX +1.81, BHC +.77, INCY +2.31, ICPT +.01, LABU -.23, and IBB $135.41 +.80 (.59%). CANNABIS: was MIXED with TLRY +.11, CGC -.15, CRON -.01, GWPH -.47, NBEV +.01, CURLF +.16, KERN -.04, and MJ $10.36 -.07 (.67%).
DEFENSE was LOWER with LMT -4.98, GD -.12, TXT -.68, NOC -7.90, BWXT -.96, TDY -1.73, RTX +.16, and ITA $159.79 -.07.
RETAIL: was HIGHER with M +.07, JWN +.29, KSS +.15, DDS +3.01, WMT WMT +3.13, TGT +1.05, TJX +1.49, RL +.63, UAA +.15, LULU +7.71, TPR -.07, CPRI +.33 and XRT $49.66 +.35 (.71%).
MEGA-CAPS & FAANG were HIGHER with GOOGL -.07, AMZN +17.12, AAPL +2.08, FB +1.01, NFLX +7.31, NVDA +14.12, TSLA +12.03, BABA +18.07, BIDU +5.39, CMG -11.28, CRM +4.35, BA +5.70, CAT +2.09, DIS -.91, and XLK $117.07 +1.34 (1.16%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with interest rates with GS +4.18, JPM +.87, BAC +.36, MS +1.18, C +.72, PNC +3.88, AIG +.29, TRV +.56, V +.96, and XLF $24.09 +.34 (1.42%).
OIL, $40.22 +.93, Oil was in a fairly tight range all day. After the oil sold off yesterday it had an “inside day” today, so no real hint to which way it is going out of this consolidation. The stocks were MIXED with XLE $30.03 -.01 (.03%).
GOLD $1,895.50 – 7.70, opened HIGHER and made a slightly higher high and a higher low, closing mid-range but down on the day. There were several “unusual options action” looking for another 10-12% on the upside before year end. We sold the balance of the 3X silver ETF calls at $2.10.
BITCOIN: closed $10,770 -45. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.01 -.02 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Syscoin Platform’s Great Reddit Scaling Bake-off Proposal

Syscoin Platform’s Great Reddit Scaling Bake-off Proposal

https://preview.redd.it/rqt2dldyg8e51.jpg?width=1044&format=pjpg&auto=webp&s=777ae9d4fbbb54c3540682b72700fc4ba3de0a44
We are excited to participate and present Syscoin Platform's ideal characteristics and capabilities towards a well-rounded Reddit Community Points solution!
Our scaling solution for Reddit Community Points involves 2-way peg interoperability with Ethereum. This will provide a scalable token layer built specifically for speed and high volumes of simple value transfers at a very low cost, while providing sovereign ownership and onchain finality.
Token transfers scale by taking advantage of a globally sorting mempool that provides for probabilistically secure assumptions of “as good as settled”. The opportunity here for token receivers is to have an app-layer interactivity on the speed/security tradeoff (99.9999% assurance within 10 seconds). We call this Z-DAG, and it achieves high-throughput across a mesh network topology presently composed of about 2,000 geographically dispersed full-nodes. Similar to Bitcoin, however, these nodes are incentivized to run full-nodes for the benefit of network security, through a bonded validator scheme. These nodes do not participate in the consensus of transactions or block validation any differently than other nodes and therefore do not degrade the security model of Bitcoin’s validate first then trust, across every node. Each token transfer settles on-chain. The protocol follows Bitcoin core policies so it has adequate code coverage and protocol hardening to be qualified as production quality software. It shares a significant portion of Bitcoin’s own hashpower through merged-mining.
This platform as a whole can serve token microtransactions, larger settlements, and store-of-value in an ideal fashion, providing probabilistic scalability whilst remaining decentralized according to Bitcoin design. It is accessible to ERC-20 via a permissionless and trust-minimized bridge that works in both directions. The bridge and token platform are currently available on the Syscoin mainnet. This has been gaining recent attention for use by loyalty point programs and stablecoins such as Binance USD.

Solutions

Syscoin Foundation identified a few paths for Reddit to leverage this infrastructure, each with trade-offs. The first provides the most cost-savings and scaling benefits at some sacrifice of token autonomy. The second offers more preservation of autonomy with a more narrow scope of cost savings than the first option, but savings even so. The third introduces more complexity than the previous two yet provides the most overall benefits. We consider the third as most viable as it enables Reddit to benefit even while retaining existing smart contract functionality. We will focus on the third option, and include the first two for good measure.
  1. Distribution, burns and user-to-user transfers of Reddit Points are entirely carried out on the Syscoin network. This full-on approach to utilizing the Syscoin network provides the most scalability and transaction cost benefits of these scenarios. The tradeoff here is distribution and subscription handling likely migrating away from smart contracts into the application layer.
  2. The Reddit Community Points ecosystem can continue to use existing smart contracts as they are used today on the Ethereum mainchain. Users migrate a portion of their tokens to Syscoin, the scaling network, to gain much lower fees, scalability, and a proven base layer, without sacrificing sovereign ownership. They would use Syscoin for user-to-user transfers. Tips redeemable in ten seconds or less, a high-throughput relay network, and onchain settlement at a block target of 60 seconds.
  3. Integration between Matic Network and Syscoin Platform - similar to Syscoin’s current integration with Ethereum - will provide Reddit Community Points with EVM scalability (including the Memberships ERC777 operator) on the Matic side, and performant simple value transfers, robust decentralized security, and sovereign store-of-value on the Syscoin side. It’s “the best of both worlds”. The trade-off is more complex interoperability.

Syscoin + Matic Integration

Matic and Blockchain Foundry Inc, the public company formed by the founders of Syscoin, recently entered a partnership for joint research and business development initiatives. This is ideal for all parties as Matic Network and Syscoin Platform provide complementary utility. Syscoin offers characteristics for sovereign ownership and security based on Bitcoin’s time-tested model, and shares a significant portion of Bitcoin’s own hashpower. Syscoin’s focus is on secure and scalable simple value transfers, trust-minimized interoperability, and opt-in regulatory compliance for tokenized assets rather than scalability for smart contract execution. On the other hand, Matic Network can provide scalable EVM for smart contract execution. Reddit Community Points can benefit from both.
Syscoin + Matic integration is actively being explored by both teams, as it is helpful to Reddit, Ethereum, and the industry as a whole.

Proving Performance & Cost Savings

Our POC focuses on 100,000 on-chain settlements of token transfers on the Syscoin Core blockchain. Transfers and burns perform equally with Syscoin. For POCs related to smart contracts (subscriptions, etc), refer to the Matic Network proposal.
On-chain settlement of 100k transactions was accomplished within roughly twelve minutes, well-exceeding Reddit’s expectation of five days. This was performed using six full-nodes operating on compute-optimized AWS c4.2xlarge instances which were geographically distributed (Virginia, London, Sao Paulo Brazil, Oregon, Singapore, Germany). A higher quantity of settlements could be reached within the same time-frame with more broadcasting nodes involved, or using hosts with more resources for faster execution of the process.
Addresses used: 100,014
The demonstration was executed using this tool. The results can be seen in the following blocks:
612722: https://sys1.bcfn.ca/block/6d47796d043bb4c508d29123e6ae81b051f5e0aaef849f253c8f3a6942a022ce
612723: https://sys1.bcfn.ca/block/8e2077f743461b90f80b4bef502f564933a8e04de97972901f3d65cfadcf1faf
612724: https://sys1.bcfn.ca/block/205436d25b1b499fce44c29567c5c807beaca915b83cc9f3c35b0d76dbb11f6e
612725: https://sys1.bcfn.ca/block/776d1b1a0f90f655a6bbdf559ff5072459cbdc5682d7615ff4b78c00babdc237
612726: https://sys1.bcfn.ca/block/de4df0994253742a1ac8ac9eec8d2a8c8b0a6d72c53d6f3caa29bb6c171b0a6b
612727: https://sys1.bcfn.ca/block/e5e167c52a9decb313fbaadf49a5e34cb490f8084f642a850385476d4ef10d70
612728: https://sys1.bcfn.ca/block/ab64d989edc71890e7b5b8491c20e9a27520dc45a5f7c776d3dae79057f59fe7
612729: https://sys1.bcfn.ca/block/5e8b7ecd0e36f99d07e4ea6e135fc952bf7ec30164ab6f4d1e98b0f2d405df6d
612730: https://sys1.bcfn.ca/block/d395df3d31dde60bbb0bece6bd5b358297da878f0beb96be389e5f0e043580a3
It is important to note that this POC is not focused on Z-DAG. The performance of Z-DAG has been benchmarked within realistic network conditions: Whiteblock’s audit is publicly available. Network latency tests showed an average TPS around 15k with burst capacity up to 61k. Zero-latency control group exhibited ~150k TPS. Mainnet testing of the Z-DAG network is achievable and will require further coordination and additional resources.
Even further optimizations are expected in the upcoming Syscoin Core release which will implement a UTXO model for our token layer bringing further efficiency as well as open the door to additional scaling technology currently under research by our team and academic partners. At present our token layer is account-based, similar to Ethereum. Opt-in compliance structures will also be introduced soon which will offer some positive performance characteristics as well. It makes the most sense to implement these optimizations before performing another benchmark for Z-DAG, especially on the mainnet considering the resources required to stress-test this network.

Cost Savings

Total cost for these 100k transactions: $0.63 USD
See the live fee comparison for savings estimation between transactions on Ethereum and Syscoin. Below is a snapshot at time of writing:
ETH price: $318.55 ETH gas price: 55.00 Gwei ($0.37)
Syscoin price: $0.11
Snapshot of live fee comparison chart
Z-DAG provides a more efficient fee-market. A typical Z-DAG transaction costs 0.0000582 SYS. Tokens can be safely redeemed/re-spent within seconds or allowed to settle on-chain beforehand. The costs should remain about this low for microtransactions.
Syscoin will achieve further reduction of fees and even greater scalability with offchain payment channels for assets, with Z-DAG as a resilience fallback. New payment channel technology is one of the topics under research by the Syscoin development team with our academic partners at TU Delft. In line with the calculation in the Lightning Networks white paper, payment channels using assets with Syscoin Core will bring theoretical capacity for each person on Earth (7.8 billion) to have five on-chain transactions per year, per person, without requiring anyone to enter a fee market (aka “wait for a block”). This exceeds the minimum LN expectation of two transactions per person, per year; one to exist on-chain and one to settle aggregated value.

Tools, Infrastructure & Documentation

Syscoin Bridge

Mainnet Demonstration of Syscoin Bridge with the Basic Attention Token ERC-20
A two-way blockchain interoperability system that uses Simple Payment Verification to enable:
  • Any Standard ERC-20 token to be moved from Ethereum to the Syscoin blockchain as a Syscoin Platform Token (SPT), and back to Ethereum
  • Any SPT to be moved from Syscoin to the Ethereum blockchain as an ERC-20 token, and back to Syscoin

Benefits

  • Permissionless
  • No counterparties involved
  • No trading mechanisms involved
  • No third-party liquidity providers required
  • Cross-chain Fractional Supply - 2-way peg - Token supply maintained globally
  • ERC-20s gain vastly improved transactionality with the Syscoin Token Platform, along with the security of bitcoin-core-compliant PoW.
  • SPTs gain access to all the tooling, applications and capabilities of Ethereum for ERC-20, including smart contracts.
https://preview.redd.it/l8t2m8ldh8e51.png?width=1180&format=png&auto=webp&s=b0a955a0181746dc79aff718bd0bf607d3c3aa23
https://preview.redd.it/26htnxzfh8e51.png?width=1180&format=png&auto=webp&s=d0383d3c2ee836c9f60b57eca35542e9545f741d

Source code

https://github.com/syscoin/?q=sysethereum
Main Subprojects

API

Tools to simplify using Syscoin Bridge as a service with dapps and wallets will be released some time after implementation of Syscoin Core 4.2. These will be based upon the same processes which are automated in the current live Sysethereum Dapp that is functioning with the Syscoin mainnet.

Documentation

Syscoin Bridge & How it Works (description and process flow)
Superblock Validation Battles
HOWTO: Provision the Bridge for your ERC-20
HOWTO: Setup an Agent
Developer & User Diligence

Trade-off

The Syscoin Ethereum Bridge is secured by Agent nodes participating in a decentralized and incentivized model that involves roles of Superblock challengers and submitters. This model is open to participation. The benefits here are trust-minimization, permissionless-ness, and potentially less legal/regulatory red-tape than interop mechanisms that involve liquidity providers and/or trading mechanisms.
The trade-off is that due to the decentralized nature there are cross-chain settlement times of one hour to cross from Ethereum to Syscoin, and three hours to cross from Syscoin to Ethereum. We are exploring ways to reduce this time while maintaining decentralization via zkp. Even so, an “instant bridge” experience could be provided by means of a third-party liquidity mechanism. That option exists but is not required for bridge functionality today. Typically bridges are used with batch value, not with high frequencies of smaller values, and generally it is advantageous to keep some value on both chains for maximum availability of utility. Even so, the cross-chain settlement time is good to mention here.

Cost

Ethereum -> Syscoin: Matic or Ethereum transaction fee for bridge contract interaction, negligible Syscoin transaction fee for minting tokens
Syscoin -> Ethereum: Negligible Syscoin transaction fee for burning tokens, 0.01% transaction fee paid to Bridge Agent in the form of the ERC-20, Matic or Ethereum transaction fee for contract interaction.

Z-DAG

Zero-Confirmation Directed Acyclic Graph is an instant settlement protocol that is used as a complementary system to proof-of-work (PoW) in the confirmation of Syscoin service transactions. In essence, a Z-DAG is simply a directed acyclic graph (DAG) where validating nodes verify the sequential ordering of transactions that are received in their memory pools. Z-DAG is used by the validating nodes across the network to ensure that there is absolute consensus on the ordering of transactions and no balances are overflowed (no double-spends).

Benefits

  • Unique fee-market that is more efficient for microtransaction redemption and settlement
  • Uses decentralized means to enable tokens with value transfer scalability that is comparable or exceeds that of credit card networks
  • Provides high throughput and secure fulfillment even if blocks are full
  • Probabilistic and interactive
  • 99.9999% security assurance within 10 seconds
  • Can serve payment channels as a resilience fallback that is faster and lower-cost than falling-back directly to a blockchain
  • Each Z-DAG transaction also settles onchain through Syscoin Core at 60-second block target using SHA-256 Proof of Work consensus
https://preview.redd.it/pgbx84jih8e51.png?width=1614&format=png&auto=webp&s=5f631d42a33dc698365eb8dd184b6d442def6640

Source code

https://github.com/syscoin/syscoin

API

Syscoin-js provides tooling for all Syscoin Core RPCs including interactivity with Z-DAG.

Documentation

Z-DAG White Paper
Useful read: An in-depth Z-DAG discussion between Syscoin Core developer Jag Sidhu and Brave Software Research Engineer Gonçalo Pestana

Trade-off

Z-DAG enables the ideal speed/security tradeoff to be determined per use-case in the application layer. It minimizes the sacrifice required to accept and redeem fast transfers/payments while providing more-than-ample security for microtransactions. This is supported on the premise that a Reddit user receiving points does need security yet generally doesn’t want nor need to wait for the same level of security as a nation-state settling an international trade debt. In any case, each Z-DAG transaction settles onchain at a block target of 60 seconds.

Syscoin Specs

Syscoin 3.0 White Paper
(4.0 white paper is pending. For improved scalability and less blockchain bloat, some features of v3 no longer exist in current v4: Specifically Marketplace Offers, Aliases, Escrow, Certificates, Pruning, Encrypted Messaging)
  • 16MB block bandwidth per minute assuming segwit witness carrying transactions, and transactions ~200 bytes on average
  • SHA256 merge mined with Bitcoin
  • UTXO asset layer, with base Syscoin layer sharing identical security policies as Bitcoin Core
  • Z-DAG on asset layer, bridge to Ethereum on asset layer
  • On-chain scaling with prospect of enabling enterprise grade reliable trustless payment processing with on/offchain hybrid solution
  • Focus only on Simple Value Transfers. MVP of blockchain consensus footprint is balances and ownership of them. Everything else can reduce data availability in exchange for scale (Ethereum 2.0 model). We leave that to other designs, we focus on transfers.
  • Future integrations of MAST/Taproot to get more complex value transfers without trading off trustlessness or decentralization.
  • Zero-knowledge Proofs are a cryptographic new frontier. We are dabbling here to generalize the concept of bridging and also verify the state of a chain efficiently. We also apply it in our Digital Identity projects at Blockchain Foundry (a publicly traded company which develops Syscoin softwares for clients). We are also looking to integrate privacy preserving payment channels for off-chain payments through zkSNARK hub & spoke design which does not suffer from the HTLC attack vectors evident on LN. Much of the issues plaguing Lightning Network can be resolved using a zkSNARK design whilst also providing the ability to do a multi-asset payment channel system. Currently we found a showstopper attack (American Call Option) on LN if we were to use multiple-assets. This would not exist in a system such as this.

Wallets

Web3 and mobile wallets are under active development by Blockchain Foundry Inc as WebAssembly applications and expected for release not long after mainnet deployment of Syscoin Core 4.2. Both of these will be multi-coin wallets that support Syscoin, SPTs, Ethereum, and ERC-20 tokens. The Web3 wallet will provide functionality similar to Metamask.
Syscoin Platform and tokens are already integrated with Blockbook. Custom hardware wallet support currently exists via ElectrumSys. First-class HW wallet integration through apps such as Ledger Live will exist after 4.2.
Current supported wallets
Syscoin Spark Desktop
Syscoin-Qt

Explorers

Mainnet: https://sys1.bcfn.ca (Blockbook)
Testnet: https://explorer-testnet.blockchainfoundry.co

Thank you for close consideration of our proposal. We look forward to feedback, and to working with the Reddit community to implement an ideal solution using Syscoin Platform!

submitted by sidhujag to ethereum [link] [comments]

GLOBAL BITCOIN INFORMATION SERVICE MARKET SCOPE 2020-2025:SHARE ... (current BTC/USD price is $10,680.69)

Latest Bitcoin News:
GLOBAL BITCOIN INFORMATION SERVICE MARKET SCOPE 2020-2025:SHARE ...
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

Author: Christian Hsieh, CEO of Tokenomy
This paper examines some explanations for the continual global market demand for the U.S. dollar, the rise of stablecoins, and the utility and opportunities that crypto dollars can offer to both the cryptocurrency and traditional markets.
The U.S. dollar, dominant in world trade since the establishment of the 1944 Bretton Woods System, is unequivocally the world’s most demanded reserve currency. Today, more than 61% of foreign bank reserves and nearly 40% of the entire world’s debt is denominated in U.S. dollars1.
However, there is a massive supply and demand imbalance in the U.S. dollar market. On the supply side, central banks throughout the world have implemented more than a decade-long accommodative monetary policy since the 2008 global financial crisis. The COVID-19 pandemic further exacerbated the need for central banks to provide necessary liquidity and keep staggering economies moving. While the Federal Reserve leads the effort of “money printing” and stimulus programs, the current money supply still cannot meet the constant high demand for the U.S. dollar2. Let us review some of the reasons for this constant dollar demand from a few economic fundamentals.

Demand for U.S. Dollars

Firstly, most of the world’s trade is denominated in U.S. dollars. Chief Economist of the IMF, Gita Gopinath, has compiled data reflecting that the U.S. dollar’s share of invoicing was 4.7 times larger than America’s share of the value of imports, and 3.1 times its share of world exports3. The U.S. dollar is the dominant “invoicing currency” in most developing countries4.

https://preview.redd.it/d4xalwdyz8p51.png?width=535&format=png&auto=webp&s=9f0556c6aa6b29016c9b135f3279e8337dfee2a6

https://preview.redd.it/wucg40kzz8p51.png?width=653&format=png&auto=webp&s=71257fec29b43e0fc0df1bf04363717e3b52478f
This U.S. dollar preference also directly impacts the world’s debt. According to the Bank of International Settlements, there is over $67 trillion in U.S. dollar denominated debt globally, and borrowing outside of the U.S. accounted for $12.5 trillion in Q1 20205. There is an immense demand for U.S. dollars every year just to service these dollar debts. The annual U.S. dollar buying demand is easily over $1 trillion assuming the borrowing cost is at 1.5% (1 year LIBOR + 1%) per year, a conservative estimate.

https://preview.redd.it/6956j6f109p51.png?width=487&format=png&auto=webp&s=ccea257a4e9524c11df25737cac961308b542b69
Secondly, since the U.S. has a much stronger economy compared to its global peers, a higher return on investments draws U.S. dollar demand from everywhere in the world, to invest in companies both in the public and private markets. The U.S. hosts the largest stock markets in the world with more than $33 trillion in public market capitalization (combined both NYSE and NASDAQ)6. For the private market, North America’s total share is well over 60% of the $6.5 trillion global assets under management across private equity, real assets, and private debt investments7. The demand for higher quality investments extends to the fixed income market as well. As countries like Japan and Switzerland currently have negative-yielding interest rates8, fixed income investors’ quest for yield in the developed economies leads them back to the U.S. debt market. As of July 2020, there are $15 trillion worth of negative-yielding debt securities globally (see chart). In comparison, the positive, low-yielding U.S. debt remains a sound fixed income strategy for conservative investors in uncertain market conditions.

Source: Bloomberg
Last, but not least, there are many developing economies experiencing failing monetary policies, where hyperinflation has become a real national disaster. A classic example is Venezuela, where the currency Bolivar became practically worthless as the inflation rate skyrocketed to 10,000,000% in 20199. The recent Beirut port explosion in Lebanon caused a sudden economic meltdown and compounded its already troubled financial market, where inflation has soared to over 112% year on year10. For citizens living in unstable regions such as these, the only reliable store of value is the U.S. dollar. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela has become one of the most active cryptocurrency trading countries11. The demand for cryptocurrency surges as a flight to safety mentality drives Venezuelans to acquire U.S. dollars to preserve savings that they might otherwise lose. The growth for cryptocurrency activities in those regions is fueled by these desperate citizens using cryptocurrencies as rails to access the U.S. dollar, on top of acquiring actual Bitcoin or other underlying crypto assets.

The Rise of Crypto Dollars

Due to the highly volatile nature of cryptocurrencies, USD stablecoin, a crypto-powered blockchain token that pegs its value to the U.S. dollar, was introduced to provide stable dollar exposure in the crypto trading sphere. Tether is the first of its kind. Issued in 2014 on the bitcoin blockchain (Omni layer protocol), under the token symbol USDT, it attempts to provide crypto traders with a stable settlement currency while they trade in and out of various crypto assets. The reason behind the stablecoin creation was to address the inefficient and burdensome aspects of having to move fiat U.S. dollars between the legacy banking system and crypto exchanges. Because one USDT is theoretically backed by one U.S. dollar, traders can use USDT to trade and settle to fiat dollars. It was not until 2017 that the majority of traders seemed to realize Tether’s intended utility and started using it widely. As of April 2019, USDT trading volume started exceeding the trading volume of bitcoina12, and it now dominates the crypto trading sphere with over $50 billion average daily trading volume13.

https://preview.redd.it/3vq7v1jg09p51.png?width=700&format=png&auto=webp&s=46f11b5f5245a8c335ccc60432873e9bad2eb1e1
An interesting aspect of USDT is that although the claimed 1:1 backing with U.S. dollar collateral is in question, and the Tether company is in reality running fractional reserves through a loose offshore corporate structure, Tether’s trading volume and adoption continues to grow rapidly14. Perhaps in comparison to fiat U.S. dollars, which is not really backed by anything, Tether still has cash equivalents in reserves and crypto traders favor its liquidity and convenience over its lack of legitimacy. For those who are concerned about Tether’s solvency, they can now purchase credit default swaps for downside protection15. On the other hand, USDC, the more compliant contender, takes a distant second spot with total coin circulation of $1.8 billion, versus USDT at $14.5 billion (at the time of publication). It is still too early to tell who is the ultimate leader in the stablecoin arena, as more and more stablecoins are launching to offer various functions and supporting mechanisms. There are three main categories of stablecoin: fiat-backed, crypto-collateralized, and non-collateralized algorithm based stablecoins. Most of these are still at an experimental phase, and readers can learn more about them here. With the continuous innovation of stablecoin development, the utility stablecoins provide in the overall crypto market will become more apparent.

Institutional Developments

In addition to trade settlement, stablecoins can be applied in many other areas. Cross-border payments and remittances is an inefficient market that desperately needs innovation. In 2020, the average cost of sending money across the world is around 7%16, and it takes days to settle. The World Bank aims to reduce remittance fees to 3% by 2030. With the implementation of blockchain technology, this cost could be further reduced close to zero.
J.P. Morgan, the largest bank in the U.S., has created an Interbank Information Network (IIN) with 416 global Institutions to transform the speed of payment flows through its own JPM Coin, another type of crypto dollar17. Although people argue that JPM Coin is not considered a cryptocurrency as it cannot trade openly on a public blockchain, it is by far the largest scale experiment with all the institutional participants trading within the “permissioned” blockchain. It might be more accurate to refer to it as the use of distributed ledger technology (DLT) instead of “blockchain” in this context. Nevertheless, we should keep in mind that as J.P. Morgan currently moves $6 trillion U.S. dollars per day18, the scale of this experiment would create a considerable impact in the international payment and remittance market if it were successful. Potentially the day will come when regulated crypto exchanges become participants of IIN, and the link between public and private crypto assets can be instantly connected, unlocking greater possibilities in blockchain applications.
Many central banks are also in talks about developing their own central bank digital currency (CBDC). Although this idea was not new, the discussion was brought to the forefront due to Facebook’s aggressive Libra project announcement in June 2019 and the public attention that followed. As of July 2020, at least 36 central banks have published some sort of CBDC framework. While each nation has a slightly different motivation behind its currency digitization initiative, ranging from payment safety, transaction efficiency, easy monetary implementation, or financial inclusion, these central banks are committed to deploying a new digital payment infrastructure. When it comes to the technical architectures, research from BIS indicates that most of the current proofs-of-concept tend to be based upon distributed ledger technology (permissioned blockchain)19.

https://preview.redd.it/lgb1f2rw19p51.png?width=700&format=png&auto=webp&s=040bb0deed0499df6bf08a072fd7c4a442a826a0
These institutional experiments are laying an essential foundation for an improved global payment infrastructure, where instant and frictionless cross-border settlements can take place with minimal costs. Of course, the interoperability of private DLT tokens and public blockchain stablecoins has yet to be explored, but the innovation with both public and private blockchain efforts could eventually merge. This was highlighted recently by the Governor of the Bank of England who stated that “stablecoins and CBDC could sit alongside each other20”. One thing for certain is that crypto dollars (or other fiat-linked digital currencies) are going to play a significant role in our future economy.

Future Opportunities

There is never a dull moment in the crypto sector. The industry narratives constantly shift as innovation continues to evolve. Twelve years since its inception, Bitcoin has evolved from an abstract subject to a familiar concept. Its role as a secured, scarce, decentralized digital store of value has continued to gain acceptance, and it is well on its way to becoming an investable asset class as a portfolio hedge against asset price inflation and fiat currency depreciation. Stablecoins have proven to be useful as proxy dollars in the crypto world, similar to how dollars are essential in the traditional world. It is only a matter of time before stablecoins or private digital tokens dominate the cross-border payments and global remittances industry.
There are no shortages of hypes and experiments that draw new participants into the crypto space, such as smart contracts, new blockchains, ICOs, tokenization of things, or the most recent trends on DeFi tokens. These projects highlight the possibilities for a much more robust digital future, but the market also needs time to test and adopt. A reliable digital payment infrastructure must be built first in order to allow these experiments to flourish.
In this paper we examined the historical background and economic reasons for the U.S. dollar’s dominance in the world, and the probable conclusion is that the demand for U.S. dollars will likely continue, especially in the middle of a global pandemic, accompanied by a worldwide economic slowdown. The current monetary system is far from perfect, but there are no better alternatives for replacement at least in the near term. Incremental improvements are being made in both the public and private sectors, and stablecoins have a definite role to play in both the traditional and the new crypto world.
Thank you.

Reference:
[1] How the US dollar became the world’s reserve currency, Investopedia
[2] The dollar is in high demand, prone to dangerous appreciation, The Economist
[3] Dollar dominance in trade and finance, Gita Gopinath
[4] Global trades dependence on dollars, The Economist & IMF working papers
[5] Total credit to non-bank borrowers by currency of denomination, BIS
[6] Biggest stock exchanges in the world, Business Insider
[7] McKinsey Global Private Market Review 2020, McKinsey & Company
[8] Central banks current interest rates, Global Rates
[9] Venezuela hyperinflation hits 10 million percent, CNBC
[10] Lebanon inflation crisis, Reuters
[11] Venezuela cryptocurrency market, Chainalysis
[12] The most used cryptocurrency isn’t Bitcoin, Bloomberg
[13] Trading volume of all crypto assets, coinmarketcap.com
[14] Tether US dollar peg is no longer credible, Forbes
[15] New crypto derivatives let you bet on (or against) Tether’s solvency, Coindesk
[16] Remittance Price Worldwide, The World Bank
[17] Interbank Information Network, J.P. Morgan
[18] Jamie Dimon interview, CBS News
[19] Rise of the central bank digital currency, BIS
[20] Speech by Andrew Bailey, 3 September 2020, Bank of England
submitted by Tokenomy to tokenomyofficial [link] [comments]

Profit Taking Tuesday

For Trading September 9th
PROFIT TAKING CONTINUES!
TSLA BIGGEST DECLINE
Today’s market started with the news that Mr. Trump got up early in order to continue to poke the Chinese Bear (they borrowed one from Putin, the thug) on the possibility that we would ban cotton imports and possibly blacklist another of their chip makers. Probably not going to get any traction, but you have to think that as well as AAPL and TSLA have navigated the issues surrounding their business in China, it could easily be put in jeopardy at any time. So, between that item, and the fact that the “BIG 6” wasn’t quite finished working off the run that it seems Softbank got started over the last month or so, we followed the leaders lower, rallied a bit until 3:00 and then sold off to make a new low and close -632.42 (2.25%), NASDAQ -465.45 (4.11%), S&P 500 -95.12 (2.78%), the Russell -30.71 (2%), and the best performer, DJ Transports -145 (1.29%). Market internals were soft with NYSE 3:1 lower with 3:1 down volume while NASDAQ was just over 2:1 lower. The DJIA was 26:4 lower with the biggest losers CRM -89, BA-66, GS & AAPL -56, and the biggest gainer was DIS +14 DP’s.
Tomorrow we have JOLTS (job openings) and mortgage applications to contend with. Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://www.youtube.com/watch?v=oCFCxnijFO4 Enjoy!! TODAY’S RADIO SHOW: https://youtu.be/DK2hmC0GXFk With my guest: Dennis Marlow! Tonight’s closing comment video: https://youtu.be/sZBKCQBEgm8
SECTORS: We started off the day with some Merger Monday action between Nikola and GM. GM taking a $2Billion stake in NKLA and NKLA planning to utilize the GM factories to build their “prospective” pickup truck. Both stocks were higher with NKLA gapping up to open $46.00 and trading as high as $54.56 and closing $50.05 +14.50 (40%), while GM opened $31.55, trading $33.33 and closing $32.38 +2.38 (7.93%). LULU posted solid earning growth and a beat on both earnings and revenues, but it just wasn’t enough as the stock which closed $349.80 -11.61 but then fell to $324 and is currently $329.50 -31.91 (8.83%). We also had a beat on both top and bottom lines at SLACK (WORK) but it too was short on guidance and “billings” and they took it out and shot it. It had closed $29.32 +.25 but fell as low as $23.27 and is now $23.85 -5.21 (18%).
FOOD SUPPLY CHAIN was LOWER with TSN -.85, BGS -1.89, FLO -.52, CPB -2.36, CAG -1.98, MDLZ -1.87, KHC -1.87, CALM -.03, JJSF -2.33, SAFM -1.26, HRL -.83, SJM -3.40, PPC -.23, KR -.83 and PBJ $33.06 -.95 (2.78%).
BIOPHARMA was LOWER with BIIB -7.82, ABBV -2.24, REGN -17.31, ISRG -41.25 the biggest loser (5.61%), GILD -1.87, MYL .17, TEVA -.34, VRTX -7.89, BHC -.16, INCY -.76, ICPT -1.16, LABU -2.56, and IBB $126.10 -3.18 (2.45%). CANNABIS: was LOWER with TLRY -.37, CGC -.64, CRON -.15, GWPH +1.59, ACB -.88, NBEV -.10, CURLF +.01, KERN -.10, and MJ $11.31 -.80 (6.61%).
DEFENSE: was LOWER with LMT -5.95, GD -4.74, TXT -.67, NOC -4.03, BWXT -1.32, TDY -5.18, RTX -2.02, and ITA $162.00 -4.64 (2.78%).
RETAIL: was MIXED with M -.6, JWN -.19, KSS -.15, DDS +1.11, WMT -4.77, TGT -5.03, TJX -.18, RL -.59, UAA +.31, LULU -32.41 (SEE ABOVE), TPR +.44, CPRI +.34 and XRT $50.18 -.74 (1.45%).
FAANG and Big Cap: were LOWER with GOOGL -64.42, AMZN -161.31, AAPL -8.64, FB -12.93, NFLX -8.06, NVDA -29.58, BABA 11.89, BIDU -4.54, CRM - 13.60, CMG -15.73, BA -10.62, CAT -.49, DIS +.01, and XLK 112.51 -5.61 (4.75%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were LOWER with interest rates and GS -9.84, JPM -3.97, BAC -1.19, MS -2.89, C -1.75, PNC -4.59, AIG -.91, TRV -2.57, AXP -2.67, V -5.15, and XLF $24.54 -.75 (2.97%).
OIL, $36.76 – 3.01. Oil was lower in today’s trading and drifted lower all day. I am looking for about another $1.00 or so before I would consider buying it for a bounce. Nat Gas was - $ .19 to $2.40 and closed a gap left on the upside that occurred when we were long last month, and I am looking at UNG (NG ETF) as a proxy to get long.
GOLD $1,943.20 +8.90, sold off early but didn’t break below the $1905 area I am using as support. It turned back and rallied and closed right near the highs. I did a short update video today: https://youtu.be/KJgk-wmVJ4U I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $1.91, and we also added some October 70’s at $1.65 which closed $2.08.
BITCOIN: closed $10,015 -605. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $11.11 -.90 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

KODK is fishy

For Trading JULY 30th
WHERE THE HELL IS STOCKWATCH?
“FED UNCHANGED”
NAT GAS RALLIES
Added UNG calls and MYL calls and sitting on our gold spreads
Today’s market got off to a positive start and then gained all day. The FED announcement and the press conference had absolutely no effect on the market as did the House Judiciary cross examination of the CEOs of AAPL, AMZN, GOOGL, and FB. There was nothing new discussed as the congressional questioners got on their soapboxes to mug to the TV cameras. As is usually the case on Fed days, the market just drifted higher and when they got what was expected the market added on to the gains. We also had some economic numbers with pending home sales +16.6%, a lower trade deficit (70.6 vs. 75.3Bil), and a slight decline in mortgage applications. DJIA +160.29 (.61%), NASDAQ +140.85 (1.35%), S&P 500 +40 (1.24%), the Russell +30.87 (2.1%) and the DJ Transports +209 (2.16%). Market internals were positive with NYSE 4:1 and NAZ 2:1, with lighter volume in both. The DJIA was 19 up, 11 down with the biggest winners AAPL +49 and UNH +46 DPs and BA -35 DPs.
Tonight’s closing comment video https://youtu.be/rQ3eZ4A4gRw
Today’s video on the UNG Trade: https://youtu.be/RBWaSke96O8
Our Discord link is in the video description.
SECTORS: The disgrace of what transpired with KODK should clearly be investigated. A stock whose avg daily volume is 100,000 trades 1.6MM and makes an announcement of major import and trades 260MM and then moves this dramatically deserves a look…A CLOSE LOOK! Then when it moves up 2000% and has to be halted repeatedly for volatility all day and trades in a range of $17.50 TO $60.00. Forget the political side where a major Republican donor is a director and owns 15% of KODK, this kind of action should be investigated. The lack of protection for investors is glaring! If I had bought even 1 of the KODK calls, the SEC would already have called me!!
FOOD SUPPLY CHAIN was HIGHER with TSN +1.27, BGS +.51, FLO +.05, CPB -.03, CAG +.34, MDLZ +.82, KHC +.64, CALM -.23, JJSF -1.31, SAFM +.66, HRL +.28, SJM +1.22, PPC -.39, KR -.12, PBJ $33.70 +.44 (1.3%).
BIOPHARMA was MIXED with BIIB -2.99, ABBV +.34, REGN +1.16, ISRG +16.10, GILD -.59, MYL +.86 (5.32% and we own the calls), TEVA +.32, VRTX +.20, BHC +.25, INCY -2.57, ICPT -.30, LABU -2.51, and IBB $137.00 -1.16 (.84%).
CANNABIS: was LOWER with TLRY -.54, CGC -.95, CRON -.25, GWPH +.45, ACB -.87, NBEV +.07, CURLF -.40, KERN +.35, and MJ $13.43 -.32 (2.33%).
DEFENSE: was HIGHER with LMT +.64, GD +.87, TXT +.07, NOC +2.33, BWTX +.22, TDY -.23, RTX -1.60, and ITA $160.27 -1.31 (.81%).
RETAIL: was HIGHER with M +.08, JWN +.10, KSS -.16, DDS +.51, WMT -.97, TGT +.11, TJX +.92, RL +1.33, UAA +.37, LULU +3.11, TPR +.36, CPRI +1.24, and XRT $47.84 +1.32 (2.84%).
FAANG and Big Cap: were HIGHER with GOOGL +23.55, AMZN +45.27, AAPL +7.74, FB +3.74, NFLX -3.51, NVDA +11.13, TSLA +25.51, BABA +4.33, BIDU +4.50, CMG +37.87, CAT +2.64, MSFT +2.03, BA -5.44, DIS -.53, and XLK $107.63 +2.02 (1.91%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +1.18, JPM +2.28, BAC +.90, MS +.47, C +1.27, PNC +4.17, AIG +1.85, TRV +1.82, AXP +1.68, V +1.36, and XLF $24.49 +.48 (2%).
OIL, $41.27 +.23. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, that it is a toss-up for a move in either direction. The stocks were HIGHER with XLE $37.68 +.77 (2.09%).
GOLD $1,954.50 +10.10. It was a continuation rally and a new recovery high of $1,974.00. I have only the NEM August 65 / 70 spread on in the Gold market. The spread was put on at $1.30 and finished the day @ $2.47.
BITCOIN: closed $11,240 +205. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $12.41 -.12 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

Rebasing, new money, old money, the stable value, and value fluctuations.

Hello all.
I have seen several people comparing ampleforth to bitconnect, so here is the simplified formula: (Oracle Price – Target Price) / 10 supply change every 24 hours.
Now so long as the price fluctuations are under this amount, we never run the risk of dropping into negative territory. Now, look at the chart. What are our fluctuations?
The biggest fluctuation was the 13 july 2020, from 3.46 to 1.86. Now, is this due only to the rebase? No. If you look up on the days before that, we had a massive run up. This looks like a normal market pattern cycle that got burst.
But did hodlers lose? No. The marketcap just keeps going up. So, what could cause the price to dip below $1? Well, if we reached $1, and the marketcap stagnated, then a whale *COULD* crash the market. However, there are several things to consider here. First, when we reach a stagnated market value, ampleforth will have taken a strong competitive edge against tether and usdc. That means its volume will be absolutely massive. Second, it requires more money to crash an asset than it requires to jack an asset's prices up.
Psychology lesson. Most people are bad traders because they treat risk and reward differently. They hold losing positions hoping the losing position will come back, and they hesitate to take winning positions if there is a chance of loss.
This risk adverse mentality has an application here. Also, the lower number of say .90 is a numerically lower number than say 1.15.
And trading lesson... the spot price of an asset is determined by active traders. Not by actual hodlers. Traders are necessarily reactionary. We cannot see the future. And when the price fluctuates, non market participants tend to become active market participants. This is why small price moves can spark feagreed runs.
At ampleforth's target price of $1, it is going to be difficult for any one trader to crash the market, and we will NOT see price drops to .5 as a normal occurrence. If we do, there is an arbitrage that traders like me WILL do if it happens. Basically since we know that below $1 the rebase is a negative event, we will do the opposite of current actions with trading. The current trading strategy that eliminates risk while at the same time maximizes returns is to jump in with tether 5 minutes before rebase, and jump out and crash the market with the new 10% supply. Under $1, the strategy would be to buy and jump in. Right before rebase, traders sell, and then buy back in after rebase.
People who are saying ampleforth is a bad investment are probably wrong. There are reasons it won't crash sub $1 when it has lots of users, and there are ways the market can remedy the situation.
Now.. the ampleforth rich list IS disturbing. Just like satoshi nakamoto holding 10% of bitcoin is disturbing. However, they are a respectable crypto company, and they have plans for at least coinbase and binance, and I do not see them flash dumping on the market. That isn't to say they might sell. I am saying that if they do sell, they will do it in a nice respectful manner that does not crash the market, and doesn't cause lots of slippage for them.
submitted by Ghostcarapace3 to AmpleforthCrypto [link] [comments]

Bittrex Review: One of the First Crypto Exchanges| Final Part

Bittrex Review: One of the First Crypto Exchanges| Final Part

4. Transaction Fees

Transferring funds across the blockchain and withdrawing them from Bittrex costs a fee for customers, with the rate unique for every coin.
Bittrex Global charges no commission for deposits. Please keep in mind that some tokens or cash may be required to perform a transaction by a crypto coin or token’s community. Bittrex crypto exchange can’t keep away from it.
Every token or coin has a blockchain transaction fee that is built in it, and the Bittrex fee is a small amount to cover this charge. You can view the fee percentage for every coin or token by clicking Withdrawal near to the coin. There you will see a transaction fee you will be charged for withdrawing a specific coin or token.
In the example below, the withdrawal fee amounts to 1 USDT
https://preview.redd.it/209uz2p64zh51.jpg?width=974&format=pjpg&auto=webp&s=9ee9355c4d75d41931a3073b8a230bd1ffddaf08
The transaction fee for Bitcoin came to 0.00050000 BTC
https://preview.redd.it/vh7zbe884zh51.jpg?width=974&format=pjpg&auto=webp&s=e6293650b46a7e0ba661478bd2467471b8b213f9

5. Trading Fees

The fee schedule below provides the applicable rate based on the account's 30-Day Volume and if the order is a maker or taker.
Bittrex Global Fee30 Day Volume (USD)MakerTaker$0k - $50k0.2%0.2%$50k - $1M0.12%0.18%$1M - $10M0.05%0.15%$10M - $60M0.02%0.1%$60M+0%0.08%>$100MContact TAM representative
Trading expenses are incurred when an order is prepared by means of the Bittrex worldwide matching engine. While an order is being executed, the purchaser and the vendor are charged a rate primarily based on the order’s amount. The fee charged by Bittrex exchange is calculated by the formula amount * buy rate * fee. There aren't any charges for placing an order which is not being executed so far. Any portion of an unfinished order will be refunded completely upon order cancelation.
Prices vary depending on the currency pair, monthly trade volume, and whether the order is a maker or taker. Bittrex reserves the right to alternate fee quotes at any time, including offering various discounts and incentive packages.

Monthly Volume

Your buying and selling volume affects the fee you pay for every order. Our expenses are built to encourage customers who ensure liquidity in the Bittrex crypto exchange markets. Your buying and selling charges are reduced according to your trade volume for the last 30 years in dollars.
Bittrex calculates the 30-day value every day, updating every account's volume calculation and buying and selling charge between of 12:30 AM UTC and 01:30 AM UTC every day.
You can check your monthly trade volume by logging in and opening Account > My Activity.
https://preview.redd.it/n1djh2ob4zh51.jpg?width=974&format=pjpg&auto=webp&s=2eebb9c9ac63de207c4dd2e49bc45aeb53a8dec8

6. Withdrawing Funds

Withdrawing any type of funds is likewise simple. You can profit by buying and selling Bitcoin, Ether, or any other cryptocurrency.
You determine the crypto address—to which the amount will be credited—and the transaction amount. The withdrawal fee will be automatically calculated and shown right away.
After confirming the transaction, the finances will be sent to the specified addresses and all that you need to do is to wait for the community to confirm the transaction.
If the 2FA is enabled, then the user receives a special code (via SMS or application) to confirm the withdrawal.

7. How to Trade on Bittrex Global

Currency selling and buying transactions are performed using the Sell and Buy buttons, accordingly.
To begin with, the dealer selects a currency pair and sees a graph of the rate dynamics and different values for the pair.
Below the chart, there is a section with orders where the user can buy or sell a virtual asset.
To create an order, you just need to specify the order type, price, and quantity. And do not forget about the 0.25% trade fee whatever the quantity.
For optimum profit, stay with liquid assets as they can be quickly sold at a near-market rate effective at the time of the transaction. Bittrex offers no referral program; so buying and selling crypto is the easiest way to earn.
https://preview.redd.it/hopm6fih4zh51.jpg?width=1302&format=pjpg&auto=webp&s=68c0aaae86f64c3e6b9d351c3df2a9c331f94038

Order Types

Bittrex helps you alternate Limit and Stop-Limit orders.
A limit order or a simple limit order is performed when the asset fee reaches—or even exceeds—the price the trader seeks. To execute such an order, it is required that there's a counter market order on the platform that has the identical fee as the limit order.

Differences between Limit Order and Stop Limit Order

A stop limit order is a mixture of a stop limit order and a limit order. In such an application, charges are indicated—a stop charge and the limit.

Stop Limit Order Purpose

https://preview.redd.it/hlxvy9ti4zh51.jpg?width=1141&format=pjpg&auto=webp&s=064a77459a4dcb4555a885cbc56629aae10fc38b

Trade Terminal

Let’s discuss how you could trade conveniently with our service.
The key features include a user-friendly interface and precise currency pair statistics (timeframe graphs, network data, trade volumes, and so forth).
The platform’s top-notch advantage is handy, easy-to-analyze, customizable charts. There is also a column for quick switching between currency pairs and an order panel beneath the fee chart. Such an all-encompassing visual solution helps compare orders efficiently and in one place.
You can use the terminal in a day or night mode; when in the night mode, the icon in the upper-right corner changes and notice the Bittrex trading terminal in night mode is displayed. The main menu consists of 4 sections: Markets, Orders, Wallets, Settings.
Markets are the trade section. Bittrex allows handling over 270 currency pairs.
Orders. To see all open orders, go to OrdersOpen.
To see completed orders, go to OrdersCompleted.
Wallets. The Wallets tab displays many wallets for all cryptocurrencies supported by the exchange and the current balance of each of them.
After refilling the balance or creating a buy or sale order, you will see all actions in the section. Bittrex allows creating a separate wallet for every coin. Additionally, you can see how the coin price has changed, in terms of percentage, throughout the day.
Here’s what you can also do with your wallets:
  • Hide zero balances: hide currencies with zero balance
  • Green and red arrows: replenish balance/withdraw funds
  • Find: search for a cryptocurrency
The Settings section helps manage your account, verification, 2FA, password modification, API connection, and many more.

How to Sell

The process of selling crypto assets follows the same algorithm. The only difference is that after choosing the exchange direction, you need to initiate a Sell order. All the rest is similar: you select the order type, specify the quantity and price, and click Sell *Currency Name* (Sell Bitcoin in our case).
If you scroll the screen, the entire history of trades and orders will be displayed below.

LONG and SHORT

You can make a long deal or a short deal. Your choice depends on whether you expect an asset to fall or rise in price.
Long positions are a classic trading method. It concerns purchasing an asset to profit when its value increases. Long positions are carried out through any brokers and do not require a margin account. In this case, the trader’s account must have enough funds to cover the transaction.
Losses in a long position are considered to be limited; no matter when the trade starts, the price will not fall below zero with all possible errors. Short positions, in contrast, are used to profit from a falling market. A trader buys a financial instrument from a broker and sells it. After the price reaches the target level, the trader buys back the assets or buys them to pay off the initial debt to the broker.
A short position yields profit if the price falls, and it is considered unprofitable the price matches the asset value. Performing a short order requires a margin account as a trader borrows valuable assets from a broker to complete a transaction. Long transactions help gain from market growth; short from a market decline.

Trade via API

Bittrex also supports algorithmic trading through extensive APIs (application programming interface), which allows you to automate the trading process using third-party services.
To create an API key, the user must enable the two-factor authentication 2FA, verify their account, and log in to the site within 3 minutes.
If all the requirements of the system are fulfilled, you can proceed to generate the API key. Log in to your Bittrex account, click Settings. Find API Keys. Click Add new key (Create a new key).
Toggle on / off settings for READ INFO, TRADE, or WITHDRAW, depending on what functionality you want to use for our API key.
Click Save and enter the 2FA code from the authenticator → Confirm.
The secret key will be displayed only once and will disappear after the page is refreshed. Make sure you saved it!
To delete an API key, click X in the right corner for the key that you want to delete, then click Save, enter the 2FA code from the authenticator and click Confirm.

Bittrex Bot, a Trader’s Assistant

Robotized programs that appeared sometimes after the appearance of cryptocurrency exchanges save users from monotonous work and allow automating the trading process.
Bots for trading digital money work like all the other bots: they perform mechanical trading according to the preset parameters.
Currently, one of Bittrex’s most popular trading bots is Bittrex Flash Crash Buyer Bot that helps traders profit from altcoin volatility without missing the right moment.
The program monitors all the market changes in the market every second; also, it even can place an order in advance. The Bittrex bot can handle a stop loss—to sell a certain amount of currency when the rate changes in a favorable direction and reaches a certain level.

8. Secure Platform

Bittrex Global employs the most reliable and effective security technologies available. There are many cases of theft, fraud. It is no coincidence that the currency is compared to the Wild West, especially if we compare the 1800s when cowboys rushed to the West Coast of America to earn and start something new in a place that had no rules.
Cryptocurrency is still wild. One can earn and lose money fast. But Bittrex has a substantial security policy thanks to the team’s huge experience in security and development for companies such as Microsoft, Amazon, Qualys, and Blackberry.
The system employs an elastic, multi-stage holding strategy to ensure that the majority of funds are kept in cold storage for extra safety.
Bittrex Global also enables the two-factor authentication for all users and provides a host of additional security features to provide multiple layers of protection.
Bittrex cold wallet: https://bitinfocharts.com/en/bitcoin/address/385cR5DM96n1HvBDMzLHPYcw89fZAXULJP

How to Pass IP Verification

To ensure higher security of your Bittrex Global account, the system requires all users to approve each new IP address through an email confirmation. This IP verification procedure is required every time you attempt to log in from a new IP Address.
Confirming your IP address.
https://preview.redd.it/rnl730z75zh51.jpg?width=971&format=pjpg&auto=webp&s=bd13fba0a844ab01cadc40003f5ea5de7439cbf9
The new IP address must be confirmed from the device that you are using to access Bittrex Global. This means that you must follow the CLICK HERE TO LOGIN link in an email on the device that you want to use to access your account.
https://preview.redd.it/tq9eje795zh51.jpg?width=607&format=pjpg&auto=webp&s=160b2ebfd1b9e0a287d4d2b99017dd45518ef2f7
To ensure even more security, Bittrex Global supports whitelisting of IP addresses and Crypto addresses. These two features can help protect the account in the event of credentials or API key loss.

How to Add IP Address to Whitelist

By setting one or more whitelisted addresses, you are telling Bittrex Global to only authorize trades or withdrawals from those IPs. This concerns both the global.bittrex.com web interface and API-based trades or withdrawals. To do this, click IP Whitelist in Site Settings.
https://preview.redd.it/m2klahja5zh51.jpg?width=971&format=pjpg&auto=webp&s=7cfb941ecb5284973baed1a2b0301459e36a0ab6

How to Add Crypto Address to Whitelist

By setting a withdrawal address, you are telling Bittrex Global to authorize withdrawals only to that address.
This concerns both the global.bittrex.com web interface and API based withdrawals.
Note that when opting into this feature, you need to specify a withdrawal address would like to withdraw funds from for every currency. To do this, click Withdrawal Whitelist in the Site Settings section. The example below shows a BTC address.
https://preview.redd.it/yrror8zd5zh51.jpg?width=974&format=pjpg&auto=webp&s=179dd7da9f6e59d3fca628cbfcd2c3962562f911

Afterword

Bittrex Global is a reliable and advanced platform for trading digital assets with a respected reputation, long history, and active market presence and development nowadays. The exchange is eligible to be used globally, including the US and its territories.
The legal component of Bittrex Global is one of the most legitimate among numerous crypto-asset exchanges.
The Bittrex team has had great ambitions and managed to deliver promises and more. The exchange staff comprises forward-thinking and exceptional individuals whose success is recognized in the traditional business and blockchain sector.
Bittrex's purpose is to be the driving force in the blockchain revolution, expanding the application, importance, and accessibility of this game-changing technology worldwide.
The exchange fosters new and innovative blockchain and related projects that could potentially change the way money and assets are managed globally.
Alongside innovation, safety will always be the main priority of the company. The platform utilizes the most reliable and effective practices and available technologies to protect user accounts. Bittrex customers have always primarily been those who appreciate the highest degree of security.
Because of the way the Bittrex trading platform is designed, it can easily scale to always provide instant order execution for any number of new customers.
Bittrex supports algorithmic trading and empowers its customers with extensive APIs for more automated and profitable trading.
One of the common features which is not available on the exchange is margin trading. No leverage used however adds up to the exchange's stability and prevents fast money seekers and risky traders from entering the exchange.
Bittrex is a force of the blockchain revolution and an important entity of the emerging sector.
The full version
First part
Second part
submitted by mPrestige to revain_org [link] [comments]

AMM + Limit Order, Will OneSwap Replace Traditional Exchange?

When a thing is denied, something new starts at a higher level.
The update and iteration of the currency circle takes only a few days.
On August 13, Yam, the token of a popular DeFi project, plummeted by 98%, while YFI, another DeFi cryptocurrency, outran the digital currency Bitcoin Gold by value under capital operation.
According to their familiarity with DeFi, blockchain investors in 2020 can be divided into two categories. The "New" investors are active in DEXs such as UniSwap and Balancer, striving for hundredfold returns on investment amid fake projects, while the "old" investors stick to mainstream cryptocurrencies and advocate value investment in the three major CEXs.
Despite its long history, DEX did not prosper until recently. It has processed transactions of over US$520 million in the past 24 hours, and the trading volume for the past week has exceeded the figure across 2019.
But still, many people are stranger to DEX.
I. Will DEX shuffle the existing trading market?
Upon discovering something new, you can describe it, but never evaluate it superficially.
UniSwap occupies 55% of the entire DEX market. Celebrities in the circle enjoy discussing the changes brought by UniSwap on social media and how it will change the existing trading landscape.
On August 5, Jay, CEO of OKEX Exchange, publicly stated that "UniSwap can hardly replace the current mainstream exchanges." on Weibo.
He also listed two reasons:
  1. With insufficient transaction depth, UniSwap cannot support large transactions;
  2. UniSwap cannot set prices independently, but has to follow the prices set by other exchanges.
He also recognized UniSwap’s AMM model in the post.
Soon this post was criticized by Dovy, the founding partner of Primitive Ventures, to the effect that Jay had quite limited knowledge about DeFi and the reasons he proposed did not hold good.
She also mentioned the advantages of a new generation of DEX represented by UniSwap:
Traditional exchanges determine the price and market value according to a small number of chips in the market. By comparison, AMM relies on the entire LP pool to contribute liquidity, and a small number of chips will not lead to severe fluctuations in the price. The price follows the curve of the static liquidity pool within a time range, rather than the manually controlled order book.
2. Is UniSwap good enough to replace centralized exchanges?
Neither OK or Binance had expected that one day their arch rival was not each other, but the newly emerging decentralized exchanges.
With totally different operating methods and business models, DEX and CEX have their own merits.
CEX comes with evident problems. Ordinary users do not trust its security due to the rampant data cheating. For project developers, CEX requires high fees for token listing and maintenance.
The advantage of CEX lies in its low threshold and mature business model.
Just as Jay said, DEXs represented by UniSwap are still faced with great challenges posed by user habits. For example, UniSwap does not support limit orders or the candlestick chart, and users need to rely on a third-party Ethereum wallet for operation.
The innovative AMM model allows ordinary users and small market makers to get involved and earn market-making fees, reducing costs and improving liquidity.
According to the trading volume at this time, UniSwap may not be able to replace mainstream exchanges, but it is good enough to replace second and third-tier exchanges.
3. Is OneSwap an upgraded version or a copy of UniSwap?
"The success of UniSwap proves the necessity of the DEX that does not require permission and supports AMM in the market. However, UniSwap comes with two shortcomings. One is the lack of support for limit orders, which greatly restricts trading methods and liquidity; The other is the excessive transaction cost and poor transaction efficiency due to the limited processing capacity of Ethereum." - Yang Haipo
Recently, OneSwap, known as the upgraded version of UniSwap, announced that it will hit the market in early September, and has received an investment of US$10 million from CoinEX.
To develop an open-source centralized trading platform like OneSwap, it is easy to replicate the technique. But among so many Swap applications in the market, what advantages does OneSwap have over UniSwap?
1. Limit orders
Neither buyers or sellers of UniSwap can set prices independently; instead, they need to follow the prices set by other exchanges. If they want to buy tokens at a specific price, they have no choice but to wait till tokens at such a price appear in UniSwap, a waste of time.
Continuing the good practices of centralized exchanges, OneSwap supports the traditional order book based on rapid exchange, offering more flexible trading methods and further enhancing the liquidity of digital assets.
2. The candlestick chart and depth map
Without an order book, UniSwap has been criticized for its simple transaction interface which does not even contain the basic candlestick chart. As a result, it cannot satisfy numerous traders’ demand for data analysis.
To benchmark against the centralized exchange in terms of user experience, OneSwap has introduced functions such as the candlestick chart, order ticket, and depth map. Just like centralized exchanges with professional charts, OneSwap provided the price trend, trading volume, depth, and other information of different cryptocurrencies for users to set out informed trading plans.
3. Liquidity mining + transaction mining
UniSwap’s AMM model is believed to be a vital catalyst for its explosive growth. With an additional incentive mechanism of transaction mining besides liquidity mining, OneSwap leaves more core benefits to its users.
OneSwap will charge the Taker a fixed percentage of transaction fees based on the transaction amount, while the Maker does not need to pay. The transaction fees are divided into two parts: 60% for liquidity and 40% for the repurchase and burning of ONES. In transaction mining, both liquidity providers and traders will receive ONES as an economic incentive.
The market is looking forward to a new product that is as user-friendly as CEX and as safe as DEX. Is OneSwap qualified to meet such demands?
submitted by jessicazhang922 to defi [link] [comments]

Visuals Suggestion; Show last 24hour % increase/decrease of specific accounts currency

Example: When you open the ledger application on iOS or desktop, it would be cool to see a little widget or something near the balance that shows you the change increase or decrease of the specific accounts currency price in the last 24 hours rather than just see chart or graph changes depending on if you deposit or withdraw.

(If I have a Bitcoin account, it would show the % change of the price of 1 bitcoin in the last 24h)

*Not sure if this has been suggested in the past but it would be cool to see
EDIT:
The feature seems to have just been added to the iOS + Desktop application shortly after this post!
submitted by iDray to ledgerwallet [link] [comments]

Importing Data (custom market data/data arrays) into TradeStation

So Tradestation basically doesn't have a web api that they make available to normal retail, its only for third party companies doing certain things apparently, based on what I've been told.
The only way I can see to actually program something outside tradestation and easy language is to create buy/sell signals outside tradestation and process it through a python application that uses the custom array formatting that tradestation requires and saves as a csv file that is imported and plotted as signals on tradestation charts.
I saw this in some articles by a tradebook writer named george pruitt, but beyond that I can't find any examples of people having done this, so if anyone has examples or experience I'd love to hear it to know if this is worth fooling with.
To be more specific about *why* I want to use tradestation, well as a broker they are the only ones with access to bakkt and cme bitcoin options, as well as normal equity options that I am aware of, and I've been trying to figure out how to algorithmically trade regulated bitcoin options and futures and equity options in one place.
submitted by samdane7777 to algotrading [link] [comments]

CRM and TOL beat...

For Trading August 26th
Is the DJIA an Industrial Average?
More New Highs for NAZ & S&P-500
CRM & TOL BEAT ON EARNINGS
Today’s market was interesting in that the DJIA futures were higher, S&P was about unchanged, and the NASDAQ was lower, and by the close it was exactly the opposite! The DJIA finished -60.02 (.21%), NASDAQ +86.75 (.76%), S&P 500 +12.34 (.36%), the Russell +2.74 (.17%), and DJ Transports -21.60 (.19%). Market internals were neutral on NYSE at 1:1 while the NASDAQ was better @ 1.5:1 although volume was lighter than yesterday. Consumer confidence was a major disappointment with the number coming in at 84.9, down from the expectations of 93, and last month’s 91.7, the lowest number since May 2014! New home sales were a monster +13.9% v. 1.4 expected and prices added 7.2%. Earnings after the close for TOL (see below) mirrored that sentiment. Tomorrow we have both durable goods orders and weekly mortgage applications.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also returned to my radio show today with a great live interview with the Chief Medical Officer of JANONE (JAN) and it was a great show. This is the link to the audio recording including my discussion of the market and the very exciting story of JAN’s phenomenal NON-OPIOID Pain Med! This is the link: https://drive.google.com/file/d/1rdmhyt5MGtnSTbpYrv__gUUETHUDYoII/view Enjoy!! Tonight’s closing comment video: https://youtu.be/5RGgfJ667nc
SECTORS: After the close, TOL reported blockbuster numbers and they were a reflection of the New Home sales numbers mentioned above. TOL is at the high-end of the price scale and the demand for its upscale homes that can include in-home offices, gyms, and other extras were clearly in demand. The stock is up 300% since the March lows and today’s numbers sent it even higher. The stock had closed $45.06 +.37, but after the report it traded up to $48.50 and at this writing it was $48.20 +2.14 (3%). Also, on the earnings front, the newest member of the DJIA, CRM was higher all day on the DJIA addition finishing $216.05 +7.57 (3.6%) and after the numbers really took off trading up to $244.50 and finishing $243.50 +27.45 (12.5%). It would have added about 160 DP’s if it had already been included. BBY made up some of its early losses after giving soft guidance for revenues in the coming quarter and after trading $108.60, it came back about half and closed $112.64 -4.73 (4%). FOOD SUPPLY CHAIN was HIGHER with TSN -.01, BGS +.62, FLO +.15, CPB +.34, CAG +.48, MDLZ -.09, KHC +.28, CALM -.13, JJSF -.62, SAFM +.49, HRL -1.12, SJM +7.51 (6.65%), PPC +.09, KR +.02, and PBJ $34.34 +.03 (.08%).
BIOPHARMA was HIGHER with BIIB +2.47, ABBV -.51, REGN +15.73, ISRG +3.76, GILD -.08, MYL -.32, TEVA -.43, VRTX +4.92, BHC -.04, INCY +1.27, ICPT +1.56, LABU +1.80, and IBB $132.90 +1.,85 (1.41%).
CANNABIS: was MIXED with TLRY -.09, CGC +.29, CRON -.02, GWPH -2.77, ACB -.06, NBEV +.04, CURLF +.22, KERN +.07, and MJ $12.45 +.05 (.40%).
DEFENSE: was LOWER with LMT -.38, GD -1.85, TXT -.63, NOC -1.42, BWXT +.34, TDY +2.28, RTX -.90, and ITA $168.12 -1.27 (.75%).
RETAIL: was LOWER with M -.09, JWN -.72, KSS +.21, DDS +.48, WMT -.66, TGT -.56, TJX -.39, RL -1.13, UAA -.07, LULU +3.69, TPR -.39, CPRI -.11, and XRT $52.50 -.38 (.72%).
FAANG and Big Cap: were HIGHER with GOOGL +20.70, AMZN +36.65, AAPL -3.83, FB +11.04 (4.07%), NFLX +2.39, NVDA +2.14, TSLA +29.05, BABA +10.53, BIDU +2.82, CMG +31.23, BA -4.17, CAT -.39, DIS -.84, and XLK $120.26 +1.30 (1.09%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS -1.43, JPM +.54, BAC +.31, MS -.26, C +.56, PNC +.97, AIG -.03, TRV +.72, AXP +.23, V +1.79, and XLF $24.95 +.06 (.24%).
OIL, $43.35 +.73. Oil was higher in today’s trading before we rose further in the afternoon closing up at the top end of the day’s range. Some of the gains may be storm related, but gasoline is helping support prices. The stocks were MIXED with XLE $3736.63 -.39 (1.05%).
GOLD $1,923.10 -16.10, rose early in the session but couldn’t make any headway before selling off and finishing near the lows. I am still a bull on the metal, and we have a September bull call spread on using NEM 65/70 calls with a cost of $1.45, which closed today @ $1.66.
BITCOIN: closed $11,310 - 460. After breaking out over $10,000 we have had a “running correction” pushing prices toward $12,000, reaching a recovery high of $12220 Thursday, and after a day of rest in between, we resumed the rally touching $12,635, but have sold off back to support. We had 750 shares of GBTC and sold off 250 last week at $13.93 and still have 500 with a cost of $8.45. GBTC closed $13.00 -.72 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

KODK

For Trading JULY 30th
WHERE THE HELL IS STOCKWATCH?
“FED UNCHANGED”
NAT GAS RALLIES
Today’s market got off to a positive start and then gained all day. The FED announcement and the press conference had absolutely no effect on the market as did the House Judiciary cross examination of the CEOs of AAPL, AMZN, GOOGL, and FB. There was nothing new discussed as the congressional questioners got on their soapboxes to mug to the TV cameras. As is usually the case on Fed days, the market just drifted higher and when they got what was expected the market added on to the gains. We also had some economic numbers with pending home sales +16.6%, a lower trade deficit (70.6 vs. 75.3Bil), and a slight decline in mortgage applications. DJIA +160.29 (.61%), NASDAQ +140.85 (1.35%), S&P 500 +40 (1.24%), the Russell +30.87 (2.1%) and the DJ Transports +209 (2.16%). Market internals were positive with NYSE 4:1 and NAZ 2:1, with lighter volume in both. The DJIA was 19 up, 11 down with the biggest winners AAPL +49 and UNH +46 DPs and BA -35 DPs.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members. I also did this video over the weekend on a day-trade, (actually 2) that I made in AAPL on Friday. I think it’s highly informative as a guide to under what conditions these kind of trades in expiring options make sense. The link is https://youtu.be/qIV0G-hP3aM Enjoy!!
Tonight’s closing comment video https://youtu.be/rQ3eZ4A4gRw Today’s video on the UNG Trade: https://youtu.be/RBWaSke96O8
SECTORS: The disgrace of what transpired with KODK should clearly be investigated. A stock whose avg daily volume is 100,000 trades 1.6MM and makes an announcement of major import and trades 260MM and then moves this dramatically deserves a look…A CLOSE LOOK! Then when it moves up 2000% and has to be halted repeatedly for volatility all day and trades in a range of $17.50 TO $60.00. Forget the political side where a major Republican donor is a director and owns 15% of KODK, this kind of action should be investigated. The lack of protection for investors is glaring! If I had bought even 1 of the KODK calls, the SEC would already have called me!!
FOOD SUPPLY CHAIN was HIGHER with TSN +1.27, BGS +.51, FLO +.05, CPB -.03, CAG +.34, MDLZ +.82, KHC +.64, CALM -.23, JJSF -1.31, SAFM +.66, HRL +.28, SJM +1.22, PPC -.39, KR -.12, PBJ $33.70 +.44 (1.3%).
BIOPHARMA was MIXED with BIIB -2.99, ABBV +.34, REGN +1.16, ISRG +16.10, GILD -.59, MYL +.86 (5.32% and we own the calls), TEVA +.32, VRTX +.20, BHC +.25, INCY -2.57, ICPT -.30, LABU -2.51, and IBB $137.00 -1.16 (.84%).
CANNABIS: was LOWER with TLRY -.54, CGC -.95, CRON -.25, GWPH +.45, ACB -.87, NBEV +.07, CURLF -.40, KERN +.35, and MJ $13.43 -.32 (2.33%).
DEFENSE: was HIGHER with LMT +.64, GD +.87, TXT +.07, NOC +2.33, BWTX +.22, TDY -.23, RTX -1.60, and ITA $160.27 -1.31 (.81%).
RETAIL: was HIGHER with M +.08, JWN +.10, KSS -.16, DDS +.51, WMT -.97, TGT +.11, TJX +.92, RL +1.33, UAA +.37, LULU +3.11, TPR +.36, CPRI +1.24, and XRT $47.84 +1.32 (2.84%).
FAANG and Big Cap: were HIGHER with GOOGL +23.55, AMZN +45.27, AAPL +7.74, FB +3.74, NFLX -3.51, NVDA +11.13, TSLA +25.51, BABA +4.33, BIDU +4.50, CMG +37.87, CAT +2.64, MSFT +2.03, BA -5.44, DIS -.53, and XLK $107.63 +2.02 (1.91%). PLEASE BE AWARE THAT THESE PRICES ARE LATE MARKET QUOTES AND DO NOT REPRESENT THE 4:00 CLOSES.
FINANCIALS were HIGHER with GS +1.18, JPM +2.28, BAC +.90, MS +.47, C +1.27, PNC +4.17, AIG +1.85, TRV +1.82, AXP +1.68, V +1.36, and XLF $24.49 +.48 (2%).
OIL, $41.27 +.23. Oil was lower in last night’s trading before we rallied in the morning. I mentioned in last night’s charts with comments section in the Weekly Strategies letter, that it is a toss-up for a move in either direction. The stocks were HIGHER with XLE $37.68 +.77 (2.09%).
GOLD $1,954.50 +10.10. It was a continuation rally and a new recovery high of $1,974.00. I have only the NEM August 65 / 70 spread on in the Gold market. The spread was put on at $1.30 and finished the day @ $2.47.
BITCOIN: closed $11,240 +205. After trading back to 8985 we rallied back to close – only $5. Since last week we have closed between 9200 – 92.85 every day with narrow ranges and today was a good start to move higher. A break over 10,000 still sends us higher. We added 350 shares of GBTC @ $10.02 to our position of 400 @ $8.06, bringing our average price to $8.97. GBTC closed $12.41 -.12 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

Why Ethereum Problems Make UMI the Flagship Among the New Generation Cryptocurrencies

https://preview.redd.it/8skuypxp9lj51.jpg?width=1023&format=pjpg&auto=webp&s=ba5a38ba592428f92dc7c1943a780ff127132875
Ethereum cryptocurrency that comes second in terms of capitalization on the crypto market is traditionally seen as fast and profitable. However, over the last few weeks it's had a rough patch. Since early August, the network has had huge queues of transactions pending processing while fees have skyrocketed and surpassed the historical high.
The main issue though is that even fees of a few dollars per transfer don't help get rid of the“traffic jams”. The cause of this is numerous DeFi projects and a huge number of financial pyramids based on the Ethereum platform. Both generate excessive load on the network.
The situation is downright unpleasant, and our users might question whether the UMI network could face a similar challenge? We'd like to assure you it could not. The UMI network is by default protected against these problems — it cannot have “traffic jams”, fees or financial pyramids. But first things first.
How has the Ethereum network ground to a halt?
In its report dated August 4, Arcane Research that provides analysis within the field of cryptocurrency stated that over the previous week the daily size of transaction fees in the Ethereum network has surged up to a record high for over two and a half years. On August 3, the median value #%D0%9F%D1%80%D0%B8%D0%BC%D0%B5%D1%80_%D0%B8%D1%81%D0%BF%D0%BE%D0%BB%D1%8C%D0%B7%D0%BE%D0%B2%D0%B0%D0%BD%D0%B8%D1%8F)of the fee amounted to $0.82, with the overall amount of transaction fees totaling $2 mln. However, it only signaled the start of real problems.
Over the next week, fees continued to grow and by August 11 the median fee value almost doubled equaling $1.57. Larry Cermak, an expert at a big analytical and news-making crypto portal The Block, wrote in his August 15 tweet that over a week the total amount of transaction fees in the Ethereum network totaled $34.5 mln, having surpassed its historical high. Meanwhile, in the Bitcoin network that is seen as too expensive the fees were almost four times lower at $9 mln.
The total fee amount paid by cryptocurrency users over a week:
  • Ethereum — $34.5 mln;
  • Bitcoin — $9 mln;
  • Monero — $2,240;
  • Tezos — $1,876;
  • Cardano — $1,615;
  • XRP — $1,138;
  • BSV — $1,102;
  • Stellar — $1,059;
  • Bitcoin Cash — $1,027;
  • UMI — $0. Let's talk about it a little later.

https://preview.redd.it/z9azd9v6alj51.png?width=1600&format=png&auto=webp&s=25c365d6e14665ecda4a2b8d19b2fc57dd5cde1e
Historical Growth Chart for Ethereum Fees. Source
The existing situation shows that Ethereum is actually not as fast and profitable as commonly cited. Additionally, this could happen to almost any cryptocurrency except UMI that charges no fees whatsoever. We will tell you why.
Why have these problems emerged?
There is nothing unoriginal: the Ethereum network simply can't handle an increased load. Arcane Research analysts consider that a principal cause of this situation is the constantly increasing number of the DeFi ecosystem projects built on the Ethereum blockchain. Their number is growing all the time which causes the overload of the network. As of August 12, the total amount of funds in DeFi applications reached $4.3 billion which is 19.5% higher than that in the past week. At the time of writing this article, the amount surged to $6.21 billion. You can see the current data here. What is the most unpleasant about DeFi protocols is that a lot of them are scam projects.
Which is not the worst part though. There is also another factor that significantly slows down the Ethereum network. There are a lot of pyramid-like projects that are built on the EOS platform and use smart contracts. One of them is SmartWay Forsage, which regularly overloads the network with a large number of transactions, causes traffic jams, and, consequently, leads to increased fees (keep in mind that Ethereum miners choose transactions with a higher commission). Vitalik Buterin, the co-founder of Ethereum, revealed his disapproval of the SmartWay Forsage methodology and asked them to "leave and not pollute Ethereum ecology in the future". However, the project is slow to do this — it continues to deceive users.
This is only the tip of the iceberg of scam projects which abounds on the EOS network –– they continually emerge, work for a while, then go down as scams and are replaced with new ones. This never-ending stream of "investment projects" based on the Ponzi scheme overloads the system. This is the reason why Adam Back, a pioneer of the crypto industry and founder of the technology company Blockstream, equated Ethereum with such infamous projects as Onecoin and Bitconnect. Adam Back's solid dig at Ethereum became the subject of much debate among crypto enthusiasts.
Of course, it all doesn't mean that Ethereum is a bad cryptocurrency. On the contrary, it has a lot of advantages over other coins. But all that has happened exposes Ethereum's faults which must be eliminated. The problem is that they may not be fixable. It is far from certain that the developers will be able to get rid of all the defects as the system has huge scalability problems.
The crypto community has to admit that Ethereum, like other first-generation cryptocurrencies, has issues with capacity, fees, and scalability and is gradually becoming obsolete.
2020 is the time for young innovative cryptocurrencies such as UMI.
UMI is the flagship of new-generation cryptocurrencies.
In real fact, any cryptocurrency could face it. Each cryptocurrency charges fees which typically surge when the network is overloaded or the price is going up. Everyone will remember 2017 when in line with price growth and the network's overload Bitcoin transaction fee reached a high of around $40.
But when it comes to UMI, it works the other way round. The UMI network's advantages are high capacity, no fees, and scaling possibilities. It uses the best and fastest crypto industry solutions and excludes all inefficient methods by default. Smart optimization in combination with the Proof-of-Authority technology operating on the master node basis enables almost instant payments.
At the stage of network testing, an incredibly high capacity was achieved:
  • up to 4,369 transactions per second;
  • up to 262,140 transactions per minute;
  • up to 15,728,400 transactions per hour;
  • up to 377,481,600 transactions per day.
Ethereum processes about 20 transactions per second. It means that the UMI network can process transactions that Ethereum processes over a year in 1 to 5 days — and with no fees.
https://preview.redd.it/rwohnov3alj51.png?width=1125&format=png&auto=webp&s=4329b75c0bd8b7a22276b529f5ca433d17a0874f
The UMI network can process transactions that Ethereum processes over a year in a few days and with no fees. More details
What is more important is that less than 0.001% of the network's overall potential is used now. The UMI network has a lot of reserve capacity and can handle hundreds of thousands of times heavier load. Moreover, with scaling possibilities, UMI can keep up with the times. The UMI code ensures the safe introduction of any upgrades — the network can be easily modified and scaled with cutting edge technology solutions. In other words, traffic jams will never pose a problem for us. UMI will instantly process all transactions, with no fees. Always.
https://preview.redd.it/t0068th0alj51.png?width=544&format=png&auto=webp&s=019f46ec8c093480c4638cf098312a5a146134a8
A real-time speedometer displays the number of transactions processed by the UMI network per second. Link
Additionally, unlike Ethereum and other cryptocurrencies, the UMI's staking smart contract prevents possibilities of any pyramid schemes, meaning eliminates their negative influence. Our staking is completely safe and secured against scammers. Read more about this in our article. Any UMI staking structure could work forever. In other words, you can multiply your coins at a rate of up to 40% per month for an indefinitely long period of time.
UMI doesn't inherit the disadvantages of the first-generation cryptocurrencies. This is an innovative, carefully designed network based on state-of-the-art technologies. UMI is an ambitious step toward the future. And we're making it together right now!
Sincerely yours, UMI team
submitted by UMITop to u/UMITop [link] [comments]

An In-Depth Guide to: How do I Fix my Ledger Nano’s Stuck Ethereum Transaction?!?!?! (It’s Been Stuck for Weeks and NOTHING Traditional has Worked!!!!) As Well as: How Do I Choose My Nonce??? I’ve Tried MetaMask, MEW/MyEtherWallet, and Others, but Nothing is Working Correctly!!! I’m Dying by Stress!

So, if you were like me 1-2 months ago, you’ve probably already gone through 2,or 3, ...or 40 articles and guides that probably say something like:
“YeP, eVeRy EtHeReUm UsEr WiLl EvEnTuAlLy HaVe ThE LoW-gAs ExPeRiEnCe, YoU’rE nOt AlOnE! DoN’t FrEaK OuT tHoUgH; ThErE iS a WaY tO fIx It!”
Chances are, every time you read another useless article, you want to kill the nearest inanimate object, even though it was never alive in the first place. Nonetheless, you’re gonna kill it as much as it can be killed, holding nothing back; or, you’re just plotting to and slowly getting closer to executing the plan (and the object) every time you are insulted once again.
However, if you have the ability to download software (MyCryptoWallet) on a PC, it should be safe to relax now. I think you’ve finally found some good news, because I am 99.99...% sure this will work for the issue that so many people are having at this time, around the end of the month of May, year 2020.
More and more people are likely to be having this issue soon, since Ethereum's gas prices have been insanely high lately as well as having 300% price changes in a matter of minutes; Etherscan’s Gas tracker is nearly uselessly-inaccurate at this time. I've heard that there's a congestion attack; that was said a week ago, and it appears to be ongoing... (I can't think of any other suspect besides Justin Sun to blame it on... it must be incredibly expensive to overload the blockchain for this long... I may be wrong though...)
 
Let’s begin
For myself, I was trying to send an ERC20 token when this dreadful issue attacked. Specifically, the token was either BSOV or GRT; I sent them 1 after the other and the first succeeded, and the second one took over a week.
(They’re both great tokens in my opinion and deserve much more attention than they’ve been getting. BSOV is nearing its 1 year anniversary as I write this, and GRT is still in its 90 day community-development progress test, so of course I'm gonna take this opportunity to "shill" them; they are great tokens with great communities).
I was able to finally fix it, after a week of mental agony (also the txn finally processed 1-2 hours before I found the solution, robbing me of the gratitude of fixing it myself... (╯‵□′)╯︵┻━┻ ...but now I guess I can hopefully save some of you the headaches that I endured... ) I’m providing the ability to do the same, in a step by step guide.
Why did I go through all of this trouble? I'd fault the fact that I have ADHD and autism, which in my case can multiply each other’s intensity and cause me to “hyper-focus” on things, much much more than most with the same qualities, intentionally or not. Adderall is supposed to give me a bit of control over it, but except for in a very-generalized way, it’s still 90% up to chance and my default-capabilities to allow me control over my attention with self-willpower. But also Karma and Moons pls... ʘ‿ʘ
 
  1. In MyCrypto, (I'm using the Windows 10 app, version 1.7.10) you will open to a screen that says "How would you like to access your wallet?". Choose Ledger, of course. (Unless your here for some non-ledger issue? Idk why you would be but ok.)
  2. On the next screen (having your nano already plugged in, unlocked, and opened into the Ethereum app) click "Connect to Ledger Wallet"
  3. A screen overlay should appear, titled: "Select an Address". Here is where it may get confusing for some users. Refer to "AAA" below to know how to find your account. (Geez, sorry lol that was a huge amount of info for a reddit reply; I might've over-elaborated a little bit too much. but hey it's valuable information nonetheless!)
  4. After escaping the "AAA" section, you'll have accessed your account with MyCrypto. Awesome! To find your ERC20 tokens, (slight evil-laughter is heard from an unidentifiable origin somewhere in the back of your mind) go to "AAB".
  5. (You may have decided to find the token(s) on your own, rather than daring to submit to my help again; if so, you may pity those who chose the other path... ~~( ̄▽ ̄)~~) Now, once you've added your token, you should revert your attention to the account's transfer fill-out form!
  6. I'll combine the steps you probably understood on your own, already. Put in the address that your stuck transaction is still trying to send currency to. If an ERC20 token is involved, use the drop-down menu to change "ETH" to the token in trouble. Input your amount into the box labeled... wait for it... "Amount". Click on "+Advanced".
  7. Refer to Etherscan.com for the data you will need. Find the page for your "transaction(txn) hash/address" from the transaction history on the wallet/Ethereum-manager you used to send from. If that is unavailable, put your public address that your txn was sent from into the search tool and go to its info page; you should be able to find the pending txn there. Look to open the "more details" option to find the transaction's "Nonce" number.
  8. Put the nonce in the "Nonce" box on MyCrypto; you will contest the pending txn with a new txn that offers larger gas fees, by using the same nonce. If (but most likely "When") the new transaction is processed first, for being more miner-beneficial, the nonce will then be completed, and the old transaction will be dropped because it requests an invalid, now-outdated nonce. Your account will soon be usable!
  9. Go to the Gas Tracker, and it may or may not provide an informative reading. Choose whatever amount you think is best, but choose wisely; if you're too stingy it may get stuck again, and you'd need to pay another txn's gas to attempt another txn-fix.
  10. At the time I write this, I'd recommend 50-100 gwei; to repeat myself, gas requirements are insane right now. To be safe, make the gas limit a little higher than MCW's automatic calculation, you may need to undo the check-mark for "Automatically Calculate Gas Limit".
  11. Press "Send Transaction"!!!
  12. You will need to validate the action through your nano. It will have you validate three different things if you are moving an ERC20 Token. It's a good idea to verify accuracy, as always.
 
Well, I hope this worked for you! If not, you can let me know in a reply and I'll try to figure it out with you. I like making these in-depth educational posts, so if you appreciate it please let me know; I'll probably make more posts like this in the future!
( Surely this is at least far better than Ledger's "Support" article where they basically just tell you "Yeah, we haven't bothered to make a way to manually select nonces. I guess we might try to make that available for Bitcoin accounts at some point in the future; who knows? lol"... that's not infuriating at all, right?)
 
AAA:
Before I tell you how to find your address, I will first make it clear, within the italicized text, exactly which address you are looking for, if you are not already sure:
You may also skip the text written in italics if your issue does not include an ERC20 token, if you wish.
Ledger Live can confuse some users with its interface. On LL, to manage an ERC20 token, you first must go to your Ethereum account and add the token. When you then click on the added token under "Tokens" below the graph chart for your account's ETH amount over time, the screen will then open a new screen, that looks just the same, except focused on the specific ERC20 token. To confuse users further, there is then an option to "Star account", which then add the ETH icon with the ERC20 token's first letter or symbol overlapping, onto the easy access sidebar, as if it was another account of similar independency to the ETH account it was added to.
This improperly displays the two "accounts" relation to each other.
Your ERC20 holdings (at least for any and all ERC20 that I know of) are "held" in the exact-same address as the Ethereum address it was added to, which also "holds" any Ether you've added to it. You send both Ether (ETH) and any ERC20 Tokens to and from only Ethereum addresses of equivalent capabilities, in both qualities and quantities. In all basic terms and uses, they are the same.
So, to know what the problematic account's address is, find the address of the Ethereum account it was added to in Ledger Live.
Now, to find your address on MyCrypto, the most reliable way to find it, that I am aware of, is this:
Open Ledger Live. Go to the screen of your Ethereum address (again, this is the one that you added your ERC20 token, if applicable. If you're not dealing with an ERC20 token, you may ignore everything I've put in Italics). Click on "Edit account"; this is the icon next to the star that may look like a hex-wrench tool. On the new screen-overlay, you will see "> ADVANCED LOGS". Click on the ">" and it will point down while revealing a drop-down with some data that you may or may not recognize/understand. Likely to be found indented and in the middle-ish area, you will see this line, or something hopefully similar:
"freshAddressPath": "44'/60'/X'/0/0",
The "X" will probably be the only thing that changes, and the actual data will have a number in its place; it will not be a letter. Let's now put that line to use in MyCrypto:
Take the 44'/60'/X'/0/0 , and make sure you DO NOT copy the quotation marks, or that comma at the end either.
You can do this before or after copying and/or pasting, but drop the second "/0" at the end; it was not necessary in my case, I expect that you won't need it either, and will probably just make MyCrypto see it as an invalid input.
Okay, now go back to the "Select an Address" screen-overlay in MyCrypto.
Next to "Addresses", click on the box on the right, and you should be shown a list of options to select from in a drop-down menu.
Scroll all the way down, and you should find the "Custom" option at the very bottom. Select it.
A new box will appear; probably directly to the right of the now-shortened box that now displays the "Custom" option that you just selected. This box will offer an interface for typed input. ...yep... once again, believe it or not, you should click it.
Type " m/ ", no spaces before or after.
Type in or paste the data we retrieved from ledger live.
The box should now hold this:
m/44'/60'/X'/0
Again, X should be a number. In fact, that number is probably equal to the number of Ethereum (not including any ERC20 wannabe) accounts that you've made on Ledger Live before making the one we're working on right now! (1st Eth. Acc. would have: X = 0, 2nd: X = 1, 3rd: X = 2, ...)
Make sure you've included every apostrophe ( ' ), and solidus ( / ); there is NO APOSTROPHE for the "m" at the start and the "/0" at the end!
If you press the enter key or click on the check-mark to the right of where you typed, the appropriate addresses will be generated, and the address you created through Ledger Live should be the first one on the list!
Select your address and press "Unlock", and you are now accessing your account through the MyCrypto app's interface!
 
AAB:
In order to access your ERC20 token, you will need to add them first.
You may have to scroll down, but on the right-side of your unlocked account screen, you'll see a box with "Token Balances" as its header.
Click "Scan for tokens". This may take a short bit of time, and when it's done it may or may not display your ERC20 token. If it worked, you can head on back to the main part.
If you got the result I did, it won't display your token, or, if our result was exactly the same, it won't display any at all. However, you should now have the "Add Custom Token" option available, so see where that takes you.
You should discover four boxes, specified in order (Address/ Decimals / Token_Symbol / Balance). You may only need to fill in the "Address" box, but if you need to fill others, you'll find those with the token's address; here's 2 ways to find it, if you don't already know.
Method I:
Since you've probably already been managing your token with Ledger Live, you can go to the LL screen of your "account" for that token; Right next to the account's icon, and directly above the name, you'll see:
Contract: 0x??????...????????
Yes, go on; click it. You'll find the token's page on Etherscan; this was just a shortcut to the same place that both of the two previously referenced methods lead to. Skip to method... III?
Method II:
Go to Etherscan.com, or a similar Ethereum-blockchain-monitoring website, if you have a different preference. Search for the name of your token, and you should be able to see it as a search result. Activate your search manually of by selecting search option. Continue on with Method III.
Method III (Iⅈ what makes you think there was a third method? I said 2!):
At this point, you should find the "contract address" somewhere on the screen. This is the identity of the creature that breathes life into the token, allowing it to exist within the world of Ethereum. Steal it, and tell MyCrypto that you've left some of "your" tokens in the address of your ledger's Ethereum account. MyCrypto will trust and believe you without any concern or doubt, just by putting "your" contract address in the box for "Address"; it's almost too easy!
Well whaddya know, this one isn't actually too long! Don't tell anyone who may have taken a little longer whilst finding out how to do it themselves, though. There's value in trying to do something on your own, at least at first, so I'll let them think they made the right choice (¬‿¬). But take this star for humbling yourself enough to seek further help when you need it, since that is a very important life skill as well!
(o゜▽゜)o☆
Now, back to the useful stuff at the top...
 
EDIT: A comment below made me realize that this info should be added too. Here is my reply to the comment saying I could just use MetaMask. I said in the title that this guide is for questions where MEW and MetaMask aren’t working, but I guess it’s easy to miss. I used my u/caddark account to respond:
(Using this account because u/caddarkcrypto doesn’t meet the karma/age standards to comment; the post had to be manually approved.)
I guess I didn’t make it entirely clear; sorry:
The target audience for this guide is anyone with a stuck Ethereum transaction that was initiated through Ledger Live AND are experiencing the same difficulties I had encountered while trying to fix this issue for myself.
This wasn’t any regular stuck Ethereum transaction. Apparently before, there was an issue that made a Ledger Nano nearly impossible to connect to MetaMask (which is also Brave Browser’s integrated “crypto wallet” for the desktop version) and/or MEW (also perhaps any other browser wallets made for chrome and/or brave) that I heard was supposed to be fixed in a recent update. It might’ve been mostly patched, idk, but during my experience, (in which I was using the latest version of Ledger Live that is available right now,) that issue still remained.
The really weird part was that it successfully connected to the browser wallets again after I fixed the stuck transaction. At first I thought that somehow the txn was what was bugging the connection. However, later, during no txn issues, I was again unable to connect.
Seeing the same connection error again later, I opened up the MCW app I downloaded the day before, and was going to just use that. While in the process of operating MCW, I suddenly had another idea to try for the browser wallet so I went back to that just to quickly test it.
The browser wallet worked perfectly...
I don’t know how, but I think that somehow, something in MCW’s software, makes the browser wallets work. They don’t work for me without having MCW opened in the background first.
EDIT 2: Markdown decided to stop working after I did the first edit... I might fix it tomorrow... how did that happen though??? What did I do?
EDIT 3: nvm, I'm just fixing it now; I won't get much sleep tonight I guess.
submitted by CaddarkCrypto to CryptoCurrency [link] [comments]

What is Cardano? [ADA]

What is Cardano?

Cardano is a Blockchain project, also called 3rd generation Blockchain because of its scientific philosophy, designed and developed by a team of worldwide scientists and engineers. The aim of the project is to develop a technology that is secure, flexible and scalable and can therefore be used by many millions of users.
In contrast to other projects, Cardano pursues a policy that seeks to reconcile the needs of the user with those of the regulatory authorities, combining privacy with regulation. Cardano’s vision is that the project will lead to greater global financial integration for all people by providing all people with open access to fair financial services. Cardano wants to create a technological platform on which financial applications can be developed and executed.
It has basically great similarities with Ethereum. Cardano is a platform such as Ethereum, EOS or NEO that enables the creation of new tokens and decentralized applications (dApps) and smart contracts. From a technical point of view, however, there are major differences which we will discuss later.
The cryptocurrency of Cardano is ADA. Like any crypto currency, ADA allows the user to send assets within the Cardano network seamlessly over the Internet in a secure and fast manner. You can find the current price of ADA on our chart page.

Cardano History

Cardano was founded by Ethereum co-founders Charles Hoskinson and Jeremy Wood after both left the Ethereum project after a disagreement over further development. While the later Cardano founders wanted to create a commercial enterprise behind Ethereum, Vitalik Buterin’s group was able to assert itself by setting up a charitable foundation behind the project.
Logically, Hoskinson and Wood founded a company, Input Output Hong Kong (IOHK), to manage Cardano’s research and development. Between September 2015 and January 2017, Cardano conducted a public ICO that raised a total of 62 million US dollars. About two thirds of all Ada tokens were sold.
Cardano was officially launched on 29 September 2017. Currently the project is still in its bootstrap era (“Byron”). In the bootstrap era, when people buy or sell Ada, the transaction is automatically delegated to a pool of trusted nodes that manage the network. They do not receive block rewards in this phase of the project. IOHK is currently working on numerous improvements and features. The next phase “Shelley” is to be introduced in 2019. In this phase, the project will grow into a fully decentralized and autonomous system.
This will be followed by the “Goguen” era, in which the integration of smart contracts is planned. This is followed by the “Basho” phase, which is intended to improve performance, and finally the “Voltaire” phase, which is intended to add a treasury system and a governance model (“Liquid Democracy”). The complete roadmap can be seen here.

The organization behind Cardano

As already written, Charles Hoskinson has decided to found the company IOHK in order to guarantee a coordinated and planned development of the project. IOHK is responsible for the design, development and maintenance of the Cardano platform until 2020.
In addition, however, there were originally two other institutions that took care of the Cardano project: Emurgo and the Cardano Foundation, based in Switzerland. Emurgo is a Japanese company that is also currently pushing partnerships with other commercial companies and organizing Cardano’s business development.
In particular, the Cardano Foundation was entrusted with administrative tasks. Otherwise the Foundation was responsible for public relations, trademark law, lobbying and cooperation with governments and regulators. In October 2018, however, there was a break between IOHK/ Emurgo and the Cardano Foundation. Among other things, Hoskinson has accused the Cardano Foundation under the direction of Michael Parsons of inaction. As a result IOHK and Emurgo decided to take over the tasks of the foundation.

Cardano: 3rd generation blockchain

Charles Hoskinson has recognized that 2nd generation blockchains still have many open problems to be successful in the long run. These are in particular scalability, interoperability and sustainability. Cardano has (partly) developed new concepts and technologies for this purpose.

Scalability

In terms of scalability, there are three challenges for Cardano:
  1. Transactions per second (TPS)
  2. Network / Bandwidth
  3. Data scaling

Transactions per second

The Transactions per Second (TPS) measure how many transactions per second can be written to a block. According to Hoskinson, however, this is only part of the problem of scaling. While Bitcoin 3-7 TPS and Ethereum 10-20 TPS create, this is far from enough to host millions of users. The solution to this problem is Cardanos Ouroboros Proof-of-Stake algorithm, which we will discuss later.

Network

A further challenge is the network, which will also have an exponentially increasing demand for network resources with millions of users as the demand increases with the number of transactions. The demand will grow in size regions of several hundred terabytes or even exabytes.
Therefore, it will be impossible to maintain a homogeneous network topology in which each node forwards each transaction and message. Not every node will have the necessary resources. To solve this problem, Cardano intends to use a technology called RINA.

Data scaling

Since the blockchain has to store the data forever, there will be an enormous and constantly growing amount of data to be scaled (“Data Scale”). The problem is obvious. If every node has to keep a complete copy of the entire blockchain, this will not be possible for every node from the point of view of resources. The solution is that not every node needs all data. The solution approaches therefore include in detail:

Interoperability

Charles Hoskinson believes that there will not be a single crypto currency to be used in the future. Therefore Cardano aims at enabling the different blockchains to communicate with each other. Cardano’s vision is to create an “Internet of blockchains” in which there is no intermediary.
A solution to this problem should be for Cardano, Sidechains. The concept has been around in crypto space for quite some time. Simply put, sidechains are parallel blockchains that can communicate with the main blockchain.
In addition, Cardano tries to comply with all existing compliance rules: KYC (Know Your Customer), AML (Anti Money Laundering), ATF (Anti Terrorist Financing). In order for this to work, Cardano provides metadata to each transaction.

Sustainability

According to Hoskinson, sustainability is the most difficult challenge. Basically, it means that continuous developments must be carried out on the system. This requires financial resources. Both a patronage and an ICO do not make sense for Hoskinson. Patronage leads to centralization, while ICOs provide short-term resources for the ecosystem, but at the same time produce a new, useless token.
For this reason, Cardano is oriented towards Dash’s treasury system. Each time a block is added to the block chain, a portion of the rewards is added to the Treasury. If funds are needed for development, they can be allocated.
To this end, Cardano has developed a governance model (“liquid democracy”) in which stakeholders can vote on a proposal for the distribution of funds.

Ada: Ouroboros Proof-of-Stake

Similar to Ethereum’s future proof-of-stake (PoS) “Casper”, Cardano also relies on a PoS. This means that there are no miners within the Cardano network responsible for validating transactions. A new proof-of-stake algorithm called Ouroboros was developed for Cardano. The basic difference between Ouroboros and Ethereum’s Casper or other similar algorithms is how block premium recipients (validators) are selected.
The core idea of the Ouroboros Proof of Stake is that a node is selected to create a new block with a probability proportional to the total number of Ada. This means that the more Ada a stakeholder has, the more he can earn over time.
In principle, each node with an Ada credit balance greater than 0 is referred to as a “stakeholder”. When a node is selected to create a new block, it is called a slot leader. The slot leader writes the transactions into a block, signs this block with his secret key and publishes the block in the network.
A fundamental problem in this electoral process is randomness. To achieve this, Cardano uses a Multiparty Computation (MPC) approach in which each voter independently performs an action called coin tossing (Coin-Fllipping Protocol).
submitted by hashatoshi to u/hashatoshi [link] [comments]

Coinviva Bitcoin Market Weekly Report - Week of 10/08/2020

Coinviva Bitcoin Market Weekly Report - Week of 10/08/2020

Coinviva BTC-USD Hourly Chart
The Bitcoin price has been trading within a range last week. The short-term trend has become more bullish with higher lows established in the past couple of days. If the momentum starts to build up in the next day, it is possible that the price would break above the current resistance at $12,000.
The target for the next 2 weeks is $13,000, while the support level is at $11,000.
Disclaimer: The above market commentary is based on technical analysis using historical pricing data, and is for reference only. It does not serve as investment or trading advice.
Review of the week:
Crypto asset manager Grayscale Investments has publicly filed with the United States Securities and Exchange Commission (SEC) on behalf of its Ethereum Trust to become a company reporting to the commission. If this application is successful, Ethereum Trust will become the second platform to achieve the status of a digital currency investment vehicle reporting to the SEC after Grayscale Bitcoin Trust earlier in January. Grayscale hopes to attract more institutional investors into the crypto space with this filing as most of these investors are wary of making investments in instruments that are not registered with the commission. Grayscale said that over one-third of U.S investors have now shown interest in investing in Bitcoin and other crypto assets and this might be a wakeup call for financial advisors to catch up on crypto assets and facilitate the transition of new adopters in the crypto market.
submitted by Coinviva to Bitcoin [link] [comments]

08-15 09:34 - 'What is Bitcoin and what is the bitcoin chart?' (self.Bitcoin) by /u/Jonescrystal122 removed from /r/Bitcoin within 29-39min

'''
Bitcoin is one of the most famous cryptocurrencies created in 2009.
Bitcoin is a digital asset, not a physical property.
It is protected by mathematical encryption algorithms.
It is the world's first digital currency that allows instant payment.
Currently, one bitcoin is priced at $3,573.36 (at the time of writing).
Bitcoin is known to be the digital currency most favored by crypto supporters.
Bitcoin can also be used as an alternative to national fiat currencies and traditional commodities such as gold.
Bitcoins can be bought on bitcoin exchanges, mined or otherwise earned.

If you pursue the security of investment, you can choose bitcoin, Ethereum and other mainstream currencies with high maturity.
If you can bear high risks and want to pursue high returns, you can consider some new currencies with low maturity and huge space for future growth.
You can start from the market value of the mainstream currency to start their own investment practice.
This kind of mainstream currency, has been widely recognized by the market, consistent application space is large, the currency price is relatively more stable.

Buy the time must grasp well, pay attention to the trend of the market, buy at the right time, investment digital currency also has a certain risk, luck also occupied a large part, pay attention to the overall volatility cycle, in order to choose the right price entry.
Especially for those who focus on long-term value investment, it is very important to choose a reasonable price to buy the time.

What about the Bitcoin chart?
How to analyze the Bitcoin chart?
Bitcoin chart analysis tutorial

  1. Dayang line

Dayang line for a red solid column, the highest price is the closing price, the lowest price is the opening price, the general appearance of dayang line indicates that there will be a wave of prices.

  1. Positive line

The middle line has an upper and lower shadow, which represents pressure and the lower shadow represents support.
The longer the line, the higher the price pressure, on the other hand, the longer line represents the lower support, the price is not easy to go down.

  1. Bald head line

Baldheaded Yang line has no shadow line only, indicating that the lower support is strong, generally indicates a good market in the later period.

  1. Bare feet

Bare feet above the line shadow line, the stock price rise in the process of being short side pressure, a breakthrough pressure.

  1. Small positive line

Small Yang line indicates that both sides of the game to kill a fierce, each other devour, do not give in.

  1. Cross star

The cross star finally closed the opening and closing prices are flat, the future market is not clear, to continue to wait and see.

  1. T-shaped line

There are two types of T-lines, the first indicating a strong air force and the second indicating a positive multilateral uplift.

Through the above introduction, believe everybody for the currency chart analysis tutorial, reminding investors here, whether they believe in technical analysis, it is necessary to understand charts are, exclude technical graphics, indicators, long-short game this issues aside, the currency of the information on the level of prices, volume, etc, can fully reflected in the graph, therefore understand the currency chart can reduce the probability of investors lose everything.
'''
What is Bitcoin and what is the bitcoin chart?
Go1dfish undelete link
unreddit undelete link
Author: Jonescrystal122
submitted by removalbot to removalbot [link] [comments]

08-15 09:34 - 'What is Bitcoin and what is the bitcoin chart?' (self.Bitcoin) by /u/Jonescrystal122 removed from /r/Bitcoin within 16-26min

'''
Bitcoin is one of the most famous cryptocurrencies created in 2009.
Bitcoin is a digital asset, not a physical property.
It is protected by mathematical encryption algorithms.
It is the world's first digital currency that allows instant payment.
Currently, one bitcoin is priced at $3,573.36 (at the time of writing).
Bitcoin is known to be the digital currency most favored by crypto supporters.
Bitcoin can also be used as an alternative to national fiat currencies and traditional commodities such as gold.
Bitcoins can be bought on bitcoin exchanges, mined or otherwise earned.

If you pursue the security of investment, you can choose bitcoin, Ethereum and other mainstream currencies with high maturity.
If you can bear high risks and want to pursue high returns, you can consider some new currencies with low maturity and huge space for future growth.
You can start from the market value of the mainstream currency to start their own investment practice.
This kind of mainstream currency, has been widely recognized by the market, consistent application space is large, the currency price is relatively more stable.

Buy the time must grasp well, pay attention to the trend of the market, buy at the right time, investment digital currency also has a certain risk, luck also occupied a large part, pay attention to the overall volatility cycle, in order to choose the right price entry.
Especially for those who focus on long-term value investment, it is very important to choose a reasonable price to buy the time.

What about the Bitcoin chart?
How to analyze the Bitcoin chart?
Bitcoin chart analysis tutorial

  1. Dayang line

Dayang line for a red solid column, the highest price is the closing price, the lowest price is the opening price, the general appearance of dayang line indicates that there will be a wave of prices.

  1. Positive line

The middle line has an upper and lower shadow, which represents pressure and the lower shadow represents support.
The longer the line, the higher the price pressure, on the other hand, the longer line represents the lower support, the price is not easy to go down.

  1. Bald head line

Baldheaded Yang line has no shadow line only, indicating that the lower support is strong, generally indicates a good market in the later period.

  1. Bare feet

Bare feet above the line shadow line, the stock price rise in the process of being short side pressure, a breakthrough pressure.

  1. Small positive line

Small Yang line indicates that both sides of the game to kill a fierce, each other devour, do not give in.

  1. Cross star

The cross star finally closed the opening and closing prices are flat, the future market is not clear, to continue to wait and see.

  1. T-shaped line

There are two types of T-lines, the first indicating a strong air force and the second indicating a positive multilateral uplift.
'''
What is Bitcoin and what is the bitcoin chart?
Go1dfish undelete link
unreddit undelete link
Author: Jonescrystal122
submitted by removalbot to removalbot [link] [comments]

Adult entertainment trough Devil´s Dragon Token

Adult entertainment trough Devil´s Dragon Token
Hello everyone, In this post I would like to talk about some of the DDGN Token features and company achievements.
https://preview.redd.it/of2xxl7gxtg51.png?width=640&format=png&auto=webp&s=b2ed2316a60511260102feb5f1a77750ff0c2c58
The company aims to revolutionize adult entertainment trough blockchain innovations presenting the opportunity to the user to be an active participant in this field using the Ecosystem. DEVIL´S DRAGON TOKEN is fully decentralized autonomous and encrypted. It offers the option to share, publish, and earn through selling, trading, exchanging, and utilizing the features of its ecosystem. A unique multi-use cryptocurrency with many active sites bringing new business models to life and disrupting the high set price of contemporary adult entertainment. DEVIL´S DRAGON TOKEN is a Ethereum based token that will be able to be used with any other Blockchain project or technology that is already operating.
DDGN is used on active sites to access related and wanted content. The full list can be found on the website by clicking on “Sites” or scrolling down. https://www.devilsdragon.com
TOKENOMICS. (ICO Information / Token Economy) Token name: DRAGON DEVIL Token Symbol: DDGN - Supply Token: 180 000 000 NOT MINTABLE Decimal: 18 - Token type: ERC20 CURRENT STATUS: Under Crowdsale with 5% PRE-SALE Token value 2000 DDGN = 1 ETH for PRIVATE - ONLY PRESALE In ITO sale the rate will be 1000 DDGN = 1 ETH START PRESALE: 2020-08-15 00:01 END: 2020-08-31 23:59
!Please note that only Ethereum is accepted. This will ensure transparency and prevent any fraudulent activities that may impact the value of the coins negatively!
Token Allocation: • Presale (PRIVATE SALE) 5% (All unsold tokens will be burned) • Crowdsale 55% (All unsold tokens will be burned) • Team & Partners 9% (Only used for new partnerships and strengthen the Team) • Reserved 6% (For Exchange and Legal Purposes) • Ecosystem 18% (Only used on our platforms like us write in our White Paper) • Development Team 2% (Used only for development and purposes none of these tokens will be sold) • Founder 4% (Used for administrative, regulatory and internal ecosystem needs only) • Ext Developer 1% (Non-Team Developers to be used for Testing and other Development Purposes on all Ecosystems and their features).
At this point DDGN is already listed on MyCryptoCheckout.
https://preview.redd.it/zgif2u4jxtg51.png?width=640&format=png&auto=webp&s=5ac7e157e30e1b15b5a7201370d3437deced898c
The ways to earn will be further possible by rewards and revenue sharing, live broadcasts, moderating content for the approval or disapproval of forum posts, mining for content, and arranging unused hard disk space. These are set just at the start point. The potential of the new features immense.
Presented Roadmap looks great: • Early 2018. KISSES TECH Established as a Czech Company (February) • Between the beginning of 2018 and the end of 2019. Fixed Adult Entertainment Coin + Many other projects related to Adult Entertainment and Blockchain to evolve and gather together: DDGN • Early 2020 Launch of the DDGN Project • Mid 2020 Launch of ETHpimp Q3 2020 ITO DDGN • Late 2020 Alpha version of the DDGN Dedicated Video Platform with a Decentralized Prize Service for Display and Manufacturing works with DDGN. On this platform the goal is to use a few supporting protocols such as ERC721 to make the videos like unique fine art creations. Luring a new business model which is fairer and more transparent. More Active Sites and More Partners for Ecosystems Alpha Version and Initial Registration First Delivery of Crowd Content Funding Network with Prizes & Decentralized Direct Revenue Sharing on the Stock exchange list
• Early 2021 DDGN Platform Beta Version Dedicated Videos that Live Immediately with Real Rewards and Share Earnings for Views & Creations CDCFN.COM Fully Active with the Distribution of Live Prizes and Adding New Sites to the Ecosystem makes DDGN more rare, enjoyable, and valuable to everyone involved.
Also surfing the blog (https://www.devilsdragon.com/blog) I found very interesting facts about CDCFN (Content Delivery Crowd Funding Network): www.cdcfn.com
A forum like website on which people share their original content and earn rewards in DDGN (Devil´s Dragon) Earned DDGN, as mentioned before will be available for exchanging to Bitcoin, Ethereum or other currency. The platform has a members shop, too, where members can earn and spend their earned tokens (DDGN) they gained from the site. Members Shop is integrated to work along side loads of other applications & plugins. Below is presented DDGN Tokens Earning System
  1. Forums - will allow member to earn tokens for starting topics, replying to other topics or to their own one.
  2. Downloads – Earning by uploading files on the platform, reviewing, commenting. Also receiving tokens for each download of their uploaded file.
  3. Calendar – Earning by submitting events, reviewing and commenting on the events.
  4. Gallery - Allowing members to earn for uploading images, reviewing and commenting on images.
  5. Commerce – Earning for a review on a product
  6. Reactions - Allowing members to earn DDGN Tokens for receiving reactions from their content.
  7. Clubs - Awarding users for joining a club and creating topics, replying and uploading files in clubs.
  8. Media Uploader - Awarding DDGN Tokens to users for uploading documents, images, audio and video files.
  9. Bonus DDGN Tokens – Awarding users on a daily, weekly and monthly basis. The user will have to log in at least on time in that period.
  10. Award DDGN Tokens - Awarding DDGN to your selected members or user groups via the ACP. On the user profile a section will be possible to add showing the amount of DDGN and a link to donate. The platform will have integrated Warning System which penalizes members if they receive a warning by removing DDGN tokens and setting different amounts of DDGN for different warn reasons. Members Shop Items – allowing members to spend their tokens Each item can be created unlimited times and admins can select different prices and permissions Creating categories to place the items in Setting moderator permissions to allow certain members to buy items for free All items use their own code Each item can have its own permission settings to select what usergroups can view it, buy it or send it Members can sell back their unwanted items at a cost of a certain % of the items price admins will set in the ACP After a user stores an item it will store the rewards for that purchase, so say they store multiple items, then at a later time admins change the rewards for that item in the ACP, they will still receive the rewards set when they purchased the item The list of default items: • Opening a random post count mystery box • Opening a random reputation DDGN Tokens mystery box • Changing username • Changing member title • Adding or editing signature • Uploading an avatar • Opening a mystery DDGN Tokens box • Opening a mystery items box • Resetting users´ warning DDGN Tokens • Allowing members to go browse anonymous until their session ends • Viewing a password from a password protected forum • Playing Rock, Paper, Scissors, Lizard, Spock • Allowing users to pin topics for a selected amount of days • Allowing members to feature files for a selected amount of days • Upgrading usergroup for x amount of days, months or years • Gambling to win a random trophy from Trophy’s & Medals • Buying a trophy from Trophy’s & Medals • Buying a medal from Trophy’s & Medals • Guessing the number • Embedding a video to profile • Uploading an image to use as a background on profile • Sending a personal sticky note • Adding / Editing social info • Custom Codes / Vouchers / Coupons • Creating custom codes for members to purchase including game codes / voucher codes and so on • Once a user redeems this item they will instantly receive a PM with the code attached
List of custom items: • Each Custom Item has to be manually awarded to the members, it could be for a coupon code, it could be anything • Choosing to receive a notification or email saying x member brought x custom item and admins need to award it • Showing a table in the ACP with all custom purchases users have brought showing if the item has been awarded or not • Adding a block to the ACP dashboard with the total amount of items admins need to award manually
Statistics Pages : • Shows a statistics page with a graph of the global DDGN Tokens gained on platform per day / week / month • Shows another statistics page with a graph of the amount of shop items purchased globally and the global DDGN Tokens spent per day / week / month • Shows a 3rd statistics page with a graph of the global DDGN Tokens won using items what you gamble your DDGN Tokens with
Members Bank: • Allowing members to store their DDGN Tokens in a bank • Charging members to deposit their DDGN Tokens • Awarding interest to members each month on their banked DDGN Tokens • Members can view all their transactions in a nice and tidy pop up table • Showing a table in the ACP with all the members who have created a bank account • Showing a 3D pie chart in the ACP with the DDGN Tokens per member group • Showing a 3D pie chart in the ACP with the current interest to pay per usergroup • Showing a graph of the banks transactions from your selected time periods
ACP: • Showing a table listing all Normal items purchased with all the information of the item purchase • Showing a table listing all custom items purchased with all the information of the item purchase • Showing a table listing all custom code items purchased with all the information of the purchase • Showing a table listing all the membergroup upgrade items purchased with all the information of the upgrade, expire date
• Choosing what user groups can gain DDGN Tokens with-in the forums / downloads / reaction settings • Generating unique purchases • Showing the shop items in a nice and clean node table giving you the ability to drag and drop them to different categories and sort them in your preferred positions • Selecting the amount of items to show per page in the shop and items page • Choosing the select to view the shop page / items page / rewards & logs page from either a table view or a nice new grid view • If admins allow users to send items to others admins can select a % of the value of the item to charge the users to send that item • Picking to show either a category in the sidebar of show the categories in a filter button on the table itself • Adding a block to the ACP dashboard showing the amount of custom items admins need to award to the users
With that said, I would like to hear your opinion about the project and the features that the team provides for us!
All this information and much more can be found on the below links.
Website: https://www.devilsdragon.com/
White paper: https://www.devilsdragon.com/whitepaper.pdf
Blog: https://www.devilsdragon.com/blog/
ANN: https://bitcointalk.org/index.php?topic=5260322
Facebook: https://www.facebook.com/devilsdragonofficial
Twitter: https://twitter.com/dragon_devils
Discord: https://discord.com/invite/xCwyntG
Reddit: https://www.reddit.com/useDevilsDragon
Telegram: https://t.me/devilsdragon_official
E-mail: [email protected]
Company behind of DDGN Token and development of the platform is KISSES TECHNOLOGY (Group) s.r.o
About the author: Proof of authentication link - https://bitcointalk.org/index.php?topic=5260492.msg54989967#msg54989967 Bitcointalk Username - ijeb Bitcointalk URL - https://bitcointalk.org/index.php?action=profile;u=1668500
submitted by ijeblowrider to u/ijeblowrider [link] [comments]

Charting Bitcoin - Elliott Wave Technical Analysis How To Trade Bitcoin Charts For Beginners: Is Bitcoin a fast money making scam? What is Bitcoin? Bitcoin Explained Simply for Dummies ... How Bitcoin Works in 5 Minutes (Technical) - YouTube Benjamin Cowen - YouTube

Bitcoin Cash payments are received in seconds, ready for you to save, spend, or convert into your local currency. Accepting Bitcoin Cash payments online. Outdo your online competition by giving your customers a better way to pay. Learn More. Accepting Bitcoin Cash payments in-store. Bitcoin is the world’s first cryptocurrency which works on a completely decentralized network known as the blockchain. The blockchain network consists a link of blocks that are secured using cryptography and record all the transactions. Bitcoin was first presented to the world in 2009 by an anonymous identity known as Satoshi Nakamoto. The coloured dots on the price line of this chart show the number of days until the next Bitcoin halving (sometimes called ‘halvening’) event. This is an event where the reward for mining new blocks is halved, meaning miners receive 50% fewer bitcoins for verifying transactions. The stock-to-flow line on this chart incorporates a 365-day average into the model to smooth out the changes caused in the market by the halving events. In addition to the main stock-to-flow chart, I have created a divergence chart (lower section of the chart) which shows the difference between price and stock-to-flow. Bitcoin is the pinnacle of mobile money. Therefore, it is not surprising to see that bitcoin apps are becoming increasingly popular. This is why we created this bitcoin app list. As programmers and companies move into the market to meet the growing demand, we will have the latest reviews and the best bitcoin apps listed right here for you.

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Charting Bitcoin - Elliott Wave Technical Analysis

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