cryptoforfun
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I will post the latest news about cryptocurrency. 
Latest news about cryptocurrency
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cryptoforfun
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Tether transfers 100 million USDT to Bittrex hot wallet
According to cryptovest news, omniexplorer data shows that Tether transferred 100 million USDT to Bittrex hot wallet at 2:31:20 am today (August 22), which has had an impact on the market, but the current Tether inventory is 150 million USDT. It may be about to usher in a new round of additional issuance. Tether has already raised its market value to eighth place due to the cumulative issuance of USD 415 million in USDT in August. If the supply of USDT continues to increase, then its market value ranking may be further improved, but it is unclear whether the 100 million USDT will be returned to Tether inventory or a new round of USDT issuance.
According to cryptovest news, omniexplorer data shows that Tether transferred 100 million USDT to Bittrex hot wallet at 2:31:20 am today (August 22), which has had an impact on the market, but the current Tether inventory is 150 million USDT. It may be about to usher in a new round of additional issuance. Tether has already raised its market value to eighth place due to the cumulative issuance of USD 415 million in USDT in August. If the supply of USDT continues to increase, then its market value ranking may be further improved, but it is unclear whether the 100 million USDT will be returned to Tether inventory or a new round of USDT issuance.
I will post the latest news about cryptocurrency.
Welcome and thank you for contributions.
cryptoforfun
Contributor
Golem, Ethereum decentralized computing trading platform which is regarded as one of the most ambitious blockchain projects in history, is currently in the Ethereum main online line.
Users can do the work that requires computing on someone else's computer or sells their free computing power to the people who need it.
Golem's original idea was to run like DAO, where users can get Golem tokens at the ICO stage, and these tokens also have voting rights. But because DAO was attacked, the Golem team decided to conduct crowdfunding through normal ICO.
Users can do the work that requires computing on someone else's computer or sells their free computing power to the people who need it.
Golem's original idea was to run like DAO, where users can get Golem tokens at the ICO stage, and these tokens also have voting rights. But because DAO was attacked, the Golem team decided to conduct crowdfunding through normal ICO.
cryptoforfun
Contributor
Speculation does not have to be analyzed. If Dogecoin is gone, believers will be gone. Many people purchase Dogecoins, but they never meant to profit, in other words, this is not the true and meaningful investment.
Even the founder of Dogecoin never thought of things would happen like this. The popularity is beyond imagination. I guess people these days are really wild and funny. And can do things nobody could have imagined. The Dogecoin market cap and Dogecoin price don't go up to $1 by 2018. Because Dogecoin can persist until now, it is because of its believers
Even the founder of Dogecoin never thought of things would happen like this. The popularity is beyond imagination. I guess people these days are really wild and funny. And can do things nobody could have imagined. The Dogecoin market cap and Dogecoin price don't go up to $1 by 2018. Because Dogecoin can persist until now, it is because of its believers
cryptoforfun
Contributor
Co-founder of Fundstrat, Tom Lee said on the CNBC that he is optimistic about the range of Bitcoin that reached $20,000 at the end of the year.
Hedge Fund plays a more important role
In 2018, In 2018, we can see that the Bitcoin transactions in the US market have increased significantly. Because hedge funds have participated, they are now playing a certain role.
More hedge funds are recruiting analysts who are interesting in cryptocurrency. Yet, hedge funds haven’t actively added Bitcoin to their investment portfolio.
Traditional stock market
Another major factor is the impact of traditional stock markets on Bitcoin price. He found that the S&P 500 index and Bitcoin price were related before, and as emerging markets rose at the end of 2017, Bitcoin price also has a breakthrough. However, both indicators have fallen sharply since then.
For these two indicators, it is mainly affected by two factors. One is that hedge funds often use emerging market equities for risk hedging. Bitcoin price are naturally implicated as they tend to hedge.
Wealth effect
Stock market activity level will impact on Bitcoin bid. If there is a decline in emerging markets, the amount of money flowing into Bitcoin investments will also decrease.
Face the challenge
The road to the Bitcoin exchange mainstream still face a lot of challenges.
It’s a main problem about how to store your Bitcoin. Hedge fund investors do not want to host Bitcoin themselves. Another challenge is the scarcity of the Bitcoin valuation model.
Cautionary attitude of Bitcoin investors
For the recent Bitcoin market, investors' feedback is biased towards negative.
The reflexivity in crypto is much larger. In the traditional market, it is not uncommon for investors to tend to reverse investment in 80% of the time, but in the crypto market, it is difficult to go against the trend in the bearish market.
Earlier, the Bitcoin pain index invented by Lee was an emotion-based analysis indicator, which has reached 36, which is very painful, indicating that it may be a good time to buy. And in the past two months, US regulatory authorities have repeatedly rejected the application of the Bitcoin ETF.
Despite this, Lee is still optimistic about Bitcoin price today. As in mid-November last year, bitcoin prices jumped from $6,000 to $20,000 at the end of the year.
Hedge Fund plays a more important role
In 2018, In 2018, we can see that the Bitcoin transactions in the US market have increased significantly. Because hedge funds have participated, they are now playing a certain role.
More hedge funds are recruiting analysts who are interesting in cryptocurrency. Yet, hedge funds haven’t actively added Bitcoin to their investment portfolio.
Traditional stock market
Another major factor is the impact of traditional stock markets on Bitcoin price. He found that the S&P 500 index and Bitcoin price were related before, and as emerging markets rose at the end of 2017, Bitcoin price also has a breakthrough. However, both indicators have fallen sharply since then.
For these two indicators, it is mainly affected by two factors. One is that hedge funds often use emerging market equities for risk hedging. Bitcoin price are naturally implicated as they tend to hedge.
Wealth effect
Stock market activity level will impact on Bitcoin bid. If there is a decline in emerging markets, the amount of money flowing into Bitcoin investments will also decrease.
Face the challenge
The road to the Bitcoin exchange mainstream still face a lot of challenges.
It’s a main problem about how to store your Bitcoin. Hedge fund investors do not want to host Bitcoin themselves. Another challenge is the scarcity of the Bitcoin valuation model.
Cautionary attitude of Bitcoin investors
For the recent Bitcoin market, investors' feedback is biased towards negative.
The reflexivity in crypto is much larger. In the traditional market, it is not uncommon for investors to tend to reverse investment in 80% of the time, but in the crypto market, it is difficult to go against the trend in the bearish market.
Earlier, the Bitcoin pain index invented by Lee was an emotion-based analysis indicator, which has reached 36, which is very painful, indicating that it may be a good time to buy. And in the past two months, US regulatory authorities have repeatedly rejected the application of the Bitcoin ETF.
Despite this, Lee is still optimistic about Bitcoin price today. As in mid-November last year, bitcoin prices jumped from $6,000 to $20,000 at the end of the year.
cryptoforfun
Contributor
Charlie Lee, founder of Litecoin said that he had no plan to purchase Litecoin in the short term or even wouldn’t do it. Nine months before, he sold out all the LTC that he held.
Buy on dips
During an interview with CNBC, Lee talked about the price trends and popularity of Bitcoin and Litecoin. When asked if it is possible to hold Litecoin again, he said it was unlikely.
The host asked Litecoin price is about $60. Does this represent a buying opportunity? He replied that bargain hunting is a good strategy, but only if you can do what you can, and the funds you spend should be within the acceptable range.
Lee has said that investors should hold at least one bitcoin while choosing to buy another cryptocurrency.
Darkness moment of Litecon
Last year, Lee sold a stir in the community because he sold all the Litecoin that he had held. Due to the clearance at the highest point ($350), community commentators believe that Lee deliberately created a market panic in Litecoin market that caused investors to lose money.
Lee said at the time that the clearing of Litecoin was to focus on the development of this cryptocurrency.
This year is a special year for Lee and Litecoin. However, some people still makes a fuss about Lee’s clearance. Furthermore, the Litecoin Foundation and TokenPay announced that they would buy a German bank in July. It was supposed to a good thing, but because of the negative image of TokenPay, it has brought a lot of trouble to Litecoin.
However, there are still many people who support Litecoin, such as Blockstream CSO. He said on Twitter that Litecoin is the only safe long-term investment opportunity besides Bitcoin.
Buy on dips
During an interview with CNBC, Lee talked about the price trends and popularity of Bitcoin and Litecoin. When asked if it is possible to hold Litecoin again, he said it was unlikely.
The host asked Litecoin price is about $60. Does this represent a buying opportunity? He replied that bargain hunting is a good strategy, but only if you can do what you can, and the funds you spend should be within the acceptable range.
Lee has said that investors should hold at least one bitcoin while choosing to buy another cryptocurrency.
Darkness moment of Litecon
Last year, Lee sold a stir in the community because he sold all the Litecoin that he had held. Due to the clearance at the highest point ($350), community commentators believe that Lee deliberately created a market panic in Litecoin market that caused investors to lose money.
Lee said at the time that the clearing of Litecoin was to focus on the development of this cryptocurrency.
This year is a special year for Lee and Litecoin. However, some people still makes a fuss about Lee’s clearance. Furthermore, the Litecoin Foundation and TokenPay announced that they would buy a German bank in July. It was supposed to a good thing, but because of the negative image of TokenPay, it has brought a lot of trouble to Litecoin.
However, there are still many people who support Litecoin, such as Blockstream CSO. He said on Twitter that Litecoin is the only safe long-term investment opportunity besides Bitcoin.
cryptoforfun
Contributor
Qtum Crypto Copenhagen Blockchain Summer Camp ended successfully
Qard core development engineer Howard expressed his unique insights.
‘Everyone knows that the decentralization of the blockchain and the speed of transaction processing are intrinsically incompatible. Most of the blockchains are likely to encounter the risk of congestion and even the entire ecological downtime. I think most of the districts Blockchain calculations should not be placed on the chain, perhaps blockchain developers should look more for sidechain or chain solutions. For example, Qtum, although the layer2 solution has not been used, because Qtum has Good backward compatibility, so we will gradually innovate in the future so that it will be easily deployed on Qtum.’
Qtum and the Copenhagen Business School hold a hackathon
From August 15th to 16th, 2018, Copenhagen Business School and the QTUM Foundation, Firmo Network, WWF, etc. held a 48-hour offline hackathon. QTUM core programmers Howard and David provide technical coaching for hackers, and about half of the 100 hackers involved in the offline hackathon are based on QTUM.
In the final competition of more than 70 projects, after layer-by-layer screening, the final winner is the BlockID team based on QTUM.
Qtum Quantum Chain Main Network Observation Report
The Qtum main network performance assessment data comes from Qtum Explorer, the blockchain (login from the Qtum server application) and telegram messages from Pangyo.
This week, the maximum number of daily block rewards was 294 on December 28, and 964 blocks were awarded independent addresses throughout the week. Last week, 946 blocks were awarded independent addresses, and the wallet was running normally.
Qtum price and exchange
Qtum price is at $4.79 on August 29, increasing 4.81%. The 24h volume of QTUM to BTC is still at the top.
Above all, Qtum weekly news for every investor.
Qard core development engineer Howard expressed his unique insights.
‘Everyone knows that the decentralization of the blockchain and the speed of transaction processing are intrinsically incompatible. Most of the blockchains are likely to encounter the risk of congestion and even the entire ecological downtime. I think most of the districts Blockchain calculations should not be placed on the chain, perhaps blockchain developers should look more for sidechain or chain solutions. For example, Qtum, although the layer2 solution has not been used, because Qtum has Good backward compatibility, so we will gradually innovate in the future so that it will be easily deployed on Qtum.’
Qtum and the Copenhagen Business School hold a hackathon
From August 15th to 16th, 2018, Copenhagen Business School and the QTUM Foundation, Firmo Network, WWF, etc. held a 48-hour offline hackathon. QTUM core programmers Howard and David provide technical coaching for hackers, and about half of the 100 hackers involved in the offline hackathon are based on QTUM.
In the final competition of more than 70 projects, after layer-by-layer screening, the final winner is the BlockID team based on QTUM.
Qtum Quantum Chain Main Network Observation Report
The Qtum main network performance assessment data comes from Qtum Explorer, the blockchain (login from the Qtum server application) and telegram messages from Pangyo.
This week, the maximum number of daily block rewards was 294 on December 28, and 964 blocks were awarded independent addresses throughout the week. Last week, 946 blocks were awarded independent addresses, and the wallet was running normally.
Qtum price and exchange
Qtum price is at $4.79 on August 29, increasing 4.81%. The 24h volume of QTUM to BTC is still at the top.
Above all, Qtum weekly news for every investor.
Lee’s sale of litcoin turned out to be silently prophetic. Price has done nothing but drop. As others have said in our Litezcoin section, development seems to have slowed to nothing. No new payment gateways, no new partnerships, no new apps...nothing.
cryptoforfun
Contributor
Bitcoin disputes occur in many places
Recently, Bitcoin disputes have occurred in many places. Judging from the results of the local court decisions, in the series of disputes, the local courts have different definitions of the cryptocurrency assets and the rights and interests of the parties involved.
Experts said that at present, China's laws and regulations concerning cryptocurrency such as Bitcoin currency are not perfect, and various cryptocurrency trading platforms have no legal qualifications. In the event of a dispute, investors may face economic losses due to difficulties in defending their rights or even nowhere to defend their rights. Therefore, investors need to actively strengthen risk awareness, always maintain rationality, and stay away from all kinds of illegal financial activities.
It is understood that under strict supervision, some cryptocurrency transactions have been transferred from ‘ground’ to ‘underground’.
Xiao Lei, a senior researcher in cryptocurrency, said that at present, some Bitcoin trading platforms are still running, and the supervision blind spots are exposed. Regulators can supervise many large platforms, but more small platforms will be used to monitor the loopholes and it is difficult to monitor them effectively. In this regard, it is necessary for the regulatory authorities to improve the level of regulatory and legal effects to protect the interests of investors and prevent financial risks.
With the escalation of the regulatory ‘ban’, some of the original Bitcoin trading platforms in China continue to provide ‘over-the-counter trading’ between Bitcoin and RMB in the form of ‘hanging delisting and peer-to-peer’. This method is not regulated. It is impossible to guarantee the safety of funds.
In order to make the funds go smoothly to the sea, some platforms may also be suspected of fictitious fund names, and there are legal risks.
A lot of people know the high risk of cryptocurrency, still, they want to take a shot to profiteer. Take a look at the Bitcoin price, we can find Bitcoin price today is unsteady. All the ups and downs completely affect investors. Yet, people just throw all the money in the market regardless of whether they would lose or not. Because they think they would be the one who got lucky.
Recently, Bitcoin disputes have occurred in many places. Judging from the results of the local court decisions, in the series of disputes, the local courts have different definitions of the cryptocurrency assets and the rights and interests of the parties involved.
Experts said that at present, China's laws and regulations concerning cryptocurrency such as Bitcoin currency are not perfect, and various cryptocurrency trading platforms have no legal qualifications. In the event of a dispute, investors may face economic losses due to difficulties in defending their rights or even nowhere to defend their rights. Therefore, investors need to actively strengthen risk awareness, always maintain rationality, and stay away from all kinds of illegal financial activities.
It is understood that under strict supervision, some cryptocurrency transactions have been transferred from ‘ground’ to ‘underground’.
Xiao Lei, a senior researcher in cryptocurrency, said that at present, some Bitcoin trading platforms are still running, and the supervision blind spots are exposed. Regulators can supervise many large platforms, but more small platforms will be used to monitor the loopholes and it is difficult to monitor them effectively. In this regard, it is necessary for the regulatory authorities to improve the level of regulatory and legal effects to protect the interests of investors and prevent financial risks.
With the escalation of the regulatory ‘ban’, some of the original Bitcoin trading platforms in China continue to provide ‘over-the-counter trading’ between Bitcoin and RMB in the form of ‘hanging delisting and peer-to-peer’. This method is not regulated. It is impossible to guarantee the safety of funds.
In order to make the funds go smoothly to the sea, some platforms may also be suspected of fictitious fund names, and there are legal risks.
A lot of people know the high risk of cryptocurrency, still, they want to take a shot to profiteer. Take a look at the Bitcoin price, we can find Bitcoin price today is unsteady. All the ups and downs completely affect investors. Yet, people just throw all the money in the market regardless of whether they would lose or not. Because they think they would be the one who got lucky.
cryptoforfun
Contributor
So, basically, nothing happened or maybe it won't happen in the future.
cryptoforfun
Contributor
Latest Komodo news said, the Komodo platform is a cryptocurrency project that focuses on providing anonymity through zero-knowledge proof and security through the new delayed work proof (dPoW) protocol, and has entered into a strategic partnership agreement with ValueNet Capital, a Beijing-based venture capital fund.
Komodo platform will launch the world's first decentralized ICO with the help of ValueNet Capital.
The Komodo platform is branched from Zcash by the SuperNET team, providing complete independence of the blockchain, including decentralized switching, decentralized ICO, and atomic switching. However, the agreement with ValueNet Capital is focused on the decentralized initial coin product (dICO).
The increase in global regulatory pressure is creating demand for fully decentralized solutions. Komodo platform hopes to provide. Its technology allows entrepreneurs and business owners to launch completely independent blockchains on the Komodo platform. They can then sell the blockchain KMD coins to the public through dICO.
ValueNet will provide risk assessment and strategic consulting, while the Komodo platform ensures that all decentralized ICOs are safely and successfully launched.
Ben Fairbank, General Manager of Komodo Platform, commented: ValueNet Capital is a partner of Komodo. It has invested heavily in some of the top blockchain projects and has one of the most enthusiastic teams, not only in Asia but also in the entire blockchain industry.
‘It’s an impeccable record in identifying top-level projects that make them stand out. We believe this partnership is good for both projects. We look forward to the opportunity to work with ValueNet Capital to expand our presence in Asia.’
With the Komodo platform ready to launch‘the world's first decentralized ICO’, BlocNATION - a provider of cashless payment systems for festivals, entertainment venues and other major events in Southeast Asia, will prove useful in the short term.
The current Komodo price is at $1.36, rose 6.07%. The 24h volume of Komodo exchange with BTC is still at the top.
Komodo platform will launch the world's first decentralized ICO with the help of ValueNet Capital.
The Komodo platform is branched from Zcash by the SuperNET team, providing complete independence of the blockchain, including decentralized switching, decentralized ICO, and atomic switching. However, the agreement with ValueNet Capital is focused on the decentralized initial coin product (dICO).
The increase in global regulatory pressure is creating demand for fully decentralized solutions. Komodo platform hopes to provide. Its technology allows entrepreneurs and business owners to launch completely independent blockchains on the Komodo platform. They can then sell the blockchain KMD coins to the public through dICO.
ValueNet will provide risk assessment and strategic consulting, while the Komodo platform ensures that all decentralized ICOs are safely and successfully launched.
Ben Fairbank, General Manager of Komodo Platform, commented: ValueNet Capital is a partner of Komodo. It has invested heavily in some of the top blockchain projects and has one of the most enthusiastic teams, not only in Asia but also in the entire blockchain industry.
‘It’s an impeccable record in identifying top-level projects that make them stand out. We believe this partnership is good for both projects. We look forward to the opportunity to work with ValueNet Capital to expand our presence in Asia.’
With the Komodo platform ready to launch‘the world's first decentralized ICO’, BlocNATION - a provider of cashless payment systems for festivals, entertainment venues and other major events in Southeast Asia, will prove useful in the short term.
The current Komodo price is at $1.36, rose 6.07%. The 24h volume of Komodo exchange with BTC is still at the top.
cryptoforfun
Contributor
NEO currency is a stupid project. There is nothing at all. Later, it was all played by the capital. Dahongfei had few coins in his hand.
This is related to the good news of NEO's strategic upgrade. The small ants/NEO, which has been on the online trading since it has been floating around $1, showed significant price changes in mid-June 2017. CoinMarketCap data shows that since then, NEO has created a thousand times of good performance. On January 15, 2018, NEO price once surged to a historical high of $196.85 (crowdfunded price is RMB 1), and the NEO value exceeded $11 billion. In February of this year, Da Hongfei even stated at the NEO DevCon conference that NEO would become the world's number one blockchain project by 2020.
However, just when people thought that NEO's front was ‘all the way down’, NEO price fell below 100 US dollars on March 9 after a period of small oscillations, and the market value of that day shrank to about 6 billion US dollars.
All the fame became history - NEO history
The doubts hidden behind the scenery came out at this time. In March, some netizens issued a post questioning, NEO block performance is poor, does not have the technical characteristics of Dahongfei’s claimed platform ‘supporting 1000 transactions per second’; in addition, the DBFT consensus mechanism adopted by NEO project makes the network The risk of being attacked is higher. They pointed out that NEO is actually a centralized chain and worried that as more and more ICO are carried out on NEO, their advertising performance will be seriously different from actual performance.
A few days later, Da Hongfei responded to the questioning of netizens one by one. But this response ultimately failed to restore the trust that NEO has lost. In the overall bear market of the cryptocurrency market, NEO prices have not improved much so far.
This is related to the good news of NEO's strategic upgrade. The small ants/NEO, which has been on the online trading since it has been floating around $1, showed significant price changes in mid-June 2017. CoinMarketCap data shows that since then, NEO has created a thousand times of good performance. On January 15, 2018, NEO price once surged to a historical high of $196.85 (crowdfunded price is RMB 1), and the NEO value exceeded $11 billion. In February of this year, Da Hongfei even stated at the NEO DevCon conference that NEO would become the world's number one blockchain project by 2020.
However, just when people thought that NEO's front was ‘all the way down’, NEO price fell below 100 US dollars on March 9 after a period of small oscillations, and the market value of that day shrank to about 6 billion US dollars.
All the fame became history - NEO history
The doubts hidden behind the scenery came out at this time. In March, some netizens issued a post questioning, NEO block performance is poor, does not have the technical characteristics of Dahongfei’s claimed platform ‘supporting 1000 transactions per second’; in addition, the DBFT consensus mechanism adopted by NEO project makes the network The risk of being attacked is higher. They pointed out that NEO is actually a centralized chain and worried that as more and more ICO are carried out on NEO, their advertising performance will be seriously different from actual performance.
A few days later, Da Hongfei responded to the questioning of netizens one by one. But this response ultimately failed to restore the trust that NEO has lost. In the overall bear market of the cryptocurrency market, NEO prices have not improved much so far.
cryptoforfun
Contributor
Since the end of last year, Bitcoin prices have reached a peak of 60%, but the calculations have accelerated this year. In the past six months, the Bitcoin network has increased more than 1.5 times.
Recently, Bitcoin computing power broke the 62 quintillion (millions of cubics) hash per second. This means that in the month of August alone, the computing power has soared by 50%.
Financial analyst and Keiser Report host Max Keiser responded to the news. The former Wall Street trader reiterated his view that ‘prices follow the calculations’ and he now expects prices to hit record highs.
In a bear market, Bitcoin price went down, why does computational power continue to climb?
It stands to reason that in this sluggish bear market, in order to avoid losses, many mining unions have come in and even abandoned mining, which has led to a decline in the overall network, but in recent times Bitcoin has hovered around $6,000. Currency computing has always been skyrocketing.
The increase in computing power is based on the number of long-term influxes, namely miners.
For miners, whether to participate in the mining of digital currency, mainly from the cost of computing power, including electricity costs, mining machine price costs, digital currency price fluctuations and mining difficulty.
In general, the cost of electricity and the difficulty of mining are constant. The price of the mining machine is positively correlated with the price of the currency. Only when the price of the mining machine falls or the price of the digital currency rises, the computing cost will decrease.
Therefore, in the bear market, as the price of the currency falls, the price of the mining machine falls, and the cost of computing power decreases. For miners, this is the best time to enter.
Does the computing power affect the price?
Now part of the media computing power as a reference for the rise and fall of the currency price, that the calculation of the rise and fall of the power will affect the direction of the Bitcoin currency.
As a basis for maintaining the normal operation of the Bitcoin network, the ups and downs of computing power may affect traders from the psychological level. The increase in computing power increases the confidence of the trader from the heart, and vice versa.
Bitcoin price today is at $6992.33, drop of 0.15%. With the topmost 24h volume, BTC to USD trading the most in Bitcoin market.
Recently, Bitcoin computing power broke the 62 quintillion (millions of cubics) hash per second. This means that in the month of August alone, the computing power has soared by 50%.
Financial analyst and Keiser Report host Max Keiser responded to the news. The former Wall Street trader reiterated his view that ‘prices follow the calculations’ and he now expects prices to hit record highs.
In a bear market, Bitcoin price went down, why does computational power continue to climb?
It stands to reason that in this sluggish bear market, in order to avoid losses, many mining unions have come in and even abandoned mining, which has led to a decline in the overall network, but in recent times Bitcoin has hovered around $6,000. Currency computing has always been skyrocketing.
The increase in computing power is based on the number of long-term influxes, namely miners.
For miners, whether to participate in the mining of digital currency, mainly from the cost of computing power, including electricity costs, mining machine price costs, digital currency price fluctuations and mining difficulty.
In general, the cost of electricity and the difficulty of mining are constant. The price of the mining machine is positively correlated with the price of the currency. Only when the price of the mining machine falls or the price of the digital currency rises, the computing cost will decrease.
Therefore, in the bear market, as the price of the currency falls, the price of the mining machine falls, and the cost of computing power decreases. For miners, this is the best time to enter.
Does the computing power affect the price?
Now part of the media computing power as a reference for the rise and fall of the currency price, that the calculation of the rise and fall of the power will affect the direction of the Bitcoin currency.
As a basis for maintaining the normal operation of the Bitcoin network, the ups and downs of computing power may affect traders from the psychological level. The increase in computing power increases the confidence of the trader from the heart, and vice versa.
Bitcoin price today is at $6992.33, drop of 0.15%. With the topmost 24h volume, BTC to USD trading the most in Bitcoin market.
cryptoforfun
Contributor
The Status Quo of China's Bitcoin Development in 2018
It is appropriate to use the word ‘turbulence’ to describe Bitcoin currency. Bitcoin was proposed by Konosuke Nakamoto in 2009. Unlike the previous cryptocurrency, Bitcoin is a transparent transaction that everyone can participate in. Based on the trust of Bitcoin itself, more and more people are involved in the transaction. Last year was the hottest year for Bitcoin, so what is the current state of 2018 Chinese Bitcoin?
What is the status of Bitcoin in China in 2018?
In the CCTV financial commentary broadcasted by CCTV Financial Channel, the two commentators said that the central bank’s attitude toward Bitcoin is rather embarrassing, mainly because Bitcoin is based on blockchain and has a very broad application prospect in the future financial field. This makes the central bank dare not give up on its research. It is not willing to stop the development of the blockchain. Financial commentator Li Yuyu said: ‘China's Bitcoin-based risk has blocked some trading platforms, but we can only warn of private trading risks.’
On December 5, 2013, the five ministries and commissions, including the Central Bank, issued a notice to prevent the risk of Bitcoin. They believe that Bitcoin is not issued by the monetary authorities, has no legal and mandatory currency attributes, is not a real currency, and cannot and should not be used as a currency in the market. Affected by this news, Bitcoin prices fell by 35% in 40 minutes. In February 2014, Go. Gox, the world's largest Bitcoin trading platform, declared bankruptcy, which cast a shadow over the industry, which has been plagued by compliance. Since the second half of 2014, Bitcoin prices have been steadily declining and are currently stable at around 1,500 yuan per unit.
From mid-2014 to mid-2015, continued low price volatility is clearly a new industry for the beginning of the rational era of Bitcoin. But this is also the best time to eliminate the speculative bubble, re-examine the properties of Bitcoin, sort out industry rules, and explore the ideas of industrial development.
Strengthen supervision of special currency trading platforms
Considering the decentralized point-to-point nature of cryptocurrencies such as Bitcoin, it is neither realistic nor feasible to prohibit Bitcoin. However, it is completely feasible and necessary to strengthen the supervision of cryptocurrency trading platforms such as Bitcoin. The real focus is whether Bitcoin has practical value in the real economy. At present, the state vigorously promotes economic development and promotes the development of the real economy. If Bitcoin has no value in the real economy but invests in the value of speculation, and limiting its speculation will help guide the money from Bitcoin speculation to the real economy. This should also be the main reason for regulators to consider limiting Bitcoin issuance. The strengthening of the regulation of the Bitcoin trading platform and the promotion of standardization of virtual currency transactions should be the next step of supervision.
Let the blockchain project with real technical connotation develop
While praising the timely introduction of this regulatory policy, we should also re-emphasize the essential differences between the blockchain and Bitcoin and ICO. The blockchain is a technical means, and icons, which are currently flooding in China and a means of financing. The ban does not allow insurance companies to raise funds, but no blockchain project financing is prohibited. In fact, a good blockchain technology application project can be realized not only through ICO financing but also through traditional VC/PE financing. As a technology distributed accounting method, the blockchain solves the problem of centralized authentication. It has a broad application prospect such as property rights certification, and a diamond that authenticates the authenticity of artworks.
Blockchain technology is available, and such certification requires a centralized third-party agency, such as a court, an arbitration agency, or a bank. Blockchain technology simplifies certification. Blockchains have a wide range of applications in the financial sector. The application scenario can be used for all aspects of payment, clearing, and accounting, credit reporting. Blockchain technology is still in the early stages of development, but it will have broad prospects in the future and it will mature.
In the long run, the policies issued by the regulatory authorities should be beneficial to blockchain chain projects. Eliminating fraudulent items is not material to avoid bad debts because it prohibits good money. Let the ecological chain's blockchain focus on innovative technological innovations rather than the attributes of its hidden financial instruments. Let the real technology chain project have the opportunity to develop.
BTC info
Bitcoin price today is at $7064.35. rose 1.04%.
It is appropriate to use the word ‘turbulence’ to describe Bitcoin currency. Bitcoin was proposed by Konosuke Nakamoto in 2009. Unlike the previous cryptocurrency, Bitcoin is a transparent transaction that everyone can participate in. Based on the trust of Bitcoin itself, more and more people are involved in the transaction. Last year was the hottest year for Bitcoin, so what is the current state of 2018 Chinese Bitcoin?
What is the status of Bitcoin in China in 2018?
In the CCTV financial commentary broadcasted by CCTV Financial Channel, the two commentators said that the central bank’s attitude toward Bitcoin is rather embarrassing, mainly because Bitcoin is based on blockchain and has a very broad application prospect in the future financial field. This makes the central bank dare not give up on its research. It is not willing to stop the development of the blockchain. Financial commentator Li Yuyu said: ‘China's Bitcoin-based risk has blocked some trading platforms, but we can only warn of private trading risks.’
On December 5, 2013, the five ministries and commissions, including the Central Bank, issued a notice to prevent the risk of Bitcoin. They believe that Bitcoin is not issued by the monetary authorities, has no legal and mandatory currency attributes, is not a real currency, and cannot and should not be used as a currency in the market. Affected by this news, Bitcoin prices fell by 35% in 40 minutes. In February 2014, Go. Gox, the world's largest Bitcoin trading platform, declared bankruptcy, which cast a shadow over the industry, which has been plagued by compliance. Since the second half of 2014, Bitcoin prices have been steadily declining and are currently stable at around 1,500 yuan per unit.
From mid-2014 to mid-2015, continued low price volatility is clearly a new industry for the beginning of the rational era of Bitcoin. But this is also the best time to eliminate the speculative bubble, re-examine the properties of Bitcoin, sort out industry rules, and explore the ideas of industrial development.
Strengthen supervision of special currency trading platforms
Considering the decentralized point-to-point nature of cryptocurrencies such as Bitcoin, it is neither realistic nor feasible to prohibit Bitcoin. However, it is completely feasible and necessary to strengthen the supervision of cryptocurrency trading platforms such as Bitcoin. The real focus is whether Bitcoin has practical value in the real economy. At present, the state vigorously promotes economic development and promotes the development of the real economy. If Bitcoin has no value in the real economy but invests in the value of speculation, and limiting its speculation will help guide the money from Bitcoin speculation to the real economy. This should also be the main reason for regulators to consider limiting Bitcoin issuance. The strengthening of the regulation of the Bitcoin trading platform and the promotion of standardization of virtual currency transactions should be the next step of supervision.
Let the blockchain project with real technical connotation develop
While praising the timely introduction of this regulatory policy, we should also re-emphasize the essential differences between the blockchain and Bitcoin and ICO. The blockchain is a technical means, and icons, which are currently flooding in China and a means of financing. The ban does not allow insurance companies to raise funds, but no blockchain project financing is prohibited. In fact, a good blockchain technology application project can be realized not only through ICO financing but also through traditional VC/PE financing. As a technology distributed accounting method, the blockchain solves the problem of centralized authentication. It has a broad application prospect such as property rights certification, and a diamond that authenticates the authenticity of artworks.
Blockchain technology is available, and such certification requires a centralized third-party agency, such as a court, an arbitration agency, or a bank. Blockchain technology simplifies certification. Blockchains have a wide range of applications in the financial sector. The application scenario can be used for all aspects of payment, clearing, and accounting, credit reporting. Blockchain technology is still in the early stages of development, but it will have broad prospects in the future and it will mature.
In the long run, the policies issued by the regulatory authorities should be beneficial to blockchain chain projects. Eliminating fraudulent items is not material to avoid bad debts because it prohibits good money. Let the ecological chain's blockchain focus on innovative technological innovations rather than the attributes of its hidden financial instruments. Let the real technology chain project have the opportunity to develop.
BTC info
Bitcoin price today is at $7064.35. rose 1.04%.
cryptoforfun
Contributor
Dogecoin: A weirdo in cryptocurrency
At the beginning of 2018, "Have you bought a Doge cryptocurrency?" It has become a greeting of the majority of the folks. It is unlucky to buy Dogecoin in the Year of the Dog. It is also said, and it has already doubled the price at the beginning of the year, compared with 2017. The Dogecoin price for the year, that is a proper hundred times.
In fact, the Dogecoin originally originated from a joke.
Jackson Palmer, who once worked in the marketing department of Adobe's Sydney office, is a cryptocurrency enthusiast. He has published such a tweet that "investing in dog money must be the next explosive event." Many people disagree with this, but one Called Jackson Palmer, I didn't think so, so I bought the domain name of Dogecoin.
Then this Jackson event caught the attention of Billy Markus, a Polish who wanted to build a new cryptocurrency category. In Markus’s own words, ‘My first reaction was that the Dogecoin sounded too funny. The second reaction was that I had to make this coin.’
In this way, Markus used the code of the Litecoin to derive the Dogecoin in 2013, thus making it more separated from Bitcoin. If the Litecoin is a child of Bitcoin, then the Dogecoin is the grandson of Bitcoin.
Different from the expensive and arrogant bitcoin, this kind of cheap and sturdy Dogecoin style has attracted the public's attention from the beginning. Shortly after the launch, it was blasted in the foreign forum Reddit. In less than two years, it has surpassed the popularity of Bitcoin and Litecoin. It was once the second largest currency after Bitcoin.
Of course, behind the success of the Dogecoin is relying on the Dogecoin community, a community that is proficient in marketing, and clearly focused on charity and funny propaganda.
For example, the one-handed dog coin expression pack plays the stalk fire Reddit, and the smashing and cute dog currency sucks countlessly; the community raises 5w dollars through dog money, and the Jamaican sleigh team participates in the Olympic champion; sponsors the Kenya clean water project; raises For $55,000, he sponsored a driver in the form of a dog coin to let him ride a dog with a dog coin on the Talladega highway; he even said that he took the Dogecoin to the moon.
The current Dogecoin market cap is $$594,145,375, ranked 22nd. Dogecoin is still very popular.
At the beginning of 2018, "Have you bought a Doge cryptocurrency?" It has become a greeting of the majority of the folks. It is unlucky to buy Dogecoin in the Year of the Dog. It is also said, and it has already doubled the price at the beginning of the year, compared with 2017. The Dogecoin price for the year, that is a proper hundred times.
In fact, the Dogecoin originally originated from a joke.
Jackson Palmer, who once worked in the marketing department of Adobe's Sydney office, is a cryptocurrency enthusiast. He has published such a tweet that "investing in dog money must be the next explosive event." Many people disagree with this, but one Called Jackson Palmer, I didn't think so, so I bought the domain name of Dogecoin.
Then this Jackson event caught the attention of Billy Markus, a Polish who wanted to build a new cryptocurrency category. In Markus’s own words, ‘My first reaction was that the Dogecoin sounded too funny. The second reaction was that I had to make this coin.’
In this way, Markus used the code of the Litecoin to derive the Dogecoin in 2013, thus making it more separated from Bitcoin. If the Litecoin is a child of Bitcoin, then the Dogecoin is the grandson of Bitcoin.
Different from the expensive and arrogant bitcoin, this kind of cheap and sturdy Dogecoin style has attracted the public's attention from the beginning. Shortly after the launch, it was blasted in the foreign forum Reddit. In less than two years, it has surpassed the popularity of Bitcoin and Litecoin. It was once the second largest currency after Bitcoin.
Of course, behind the success of the Dogecoin is relying on the Dogecoin community, a community that is proficient in marketing, and clearly focused on charity and funny propaganda.
For example, the one-handed dog coin expression pack plays the stalk fire Reddit, and the smashing and cute dog currency sucks countlessly; the community raises 5w dollars through dog money, and the Jamaican sleigh team participates in the Olympic champion; sponsors the Kenya clean water project; raises For $55,000, he sponsored a driver in the form of a dog coin to let him ride a dog with a dog coin on the Talladega highway; he even said that he took the Dogecoin to the moon.
The current Dogecoin market cap is $$594,145,375, ranked 22nd. Dogecoin is still very popular.
Old Man Crypto
Expert chainblocker
Sometimes I think doge is the 2nd most important crypto after bitcoin. Since it generates so much food press and attention from youngsters. Some of those who are playing and paying with it move on into serious crypto investing. That’s a good thing.
cryptoforfun
Contributor
How is Bitcoin ‘mining’?
As we all know, Bitcoin, which is based on the concept of decentralization, constructs a secure and free payment network, avoiding the problem of traditional currency inflation. In addition, each node can reasonably and effectively allocate resources reasonably in P2P networks, making nodes and the transaction is convenient and fast. Under this kind of money network, each node pays a certain amount of labor to obtain the corresponding resources, commonly known as ‘mining’.
Last year, a large number of Bitcoin currency business enthusiasts joined the Bitcoin mining army, and some even mined in the basement of their home. Not only that but with the lucrative returns of mining, large miners also choose to mine Bitcoin in some places where electricity is cheap. Due to the skyrocketing price of Bitcoin in 2017, the profit of miners was as high as 1400%. However, when the Bitcoin price fell to 6,000 dollars, the enthusiasm of the miners seemed to have not wavered at all, reflecting the fact that the industry was ‘deep’. Because of the price and after the fall, some small players have to choose their position.
Because in the process of Bitcoin mining, it will consume a lot of power. As of August 2018, it is estimated that Bitcoin currently consumes more than 70 trillion watts of electricity per year, equivalent to 0.3% of the total global electricity consumption. . The global annual mining revenue is nearly 7 billion US dollars, while the mining cost is nearly 3.4 billion US dollars. Bitcoin currently has more than 6 million US household electricity.
It is for this reason that more and more people are beginning to question the rationality of Bitcoin mining. After all, does it really make sense to consume so much energy for a thing that only exists in the online world? In addition, some environmentalists have joined the team that denounced Bitcoin. They said that in the context of thermal power generation as the mainstream power generation mode, consuming more power is equivalent to putting more pressure on the global environment. Bitcoin mining is indirectly Create pollution! As a result, some countries have begun to restrict or prohibit Bitcoin mining, and even those who violate the rules will even be fined.
Bitcoin Info
Bitcoin price today is at $7213.16, dropping 0.01%. The 24hour Volume of BTC to USD is still at the top of the Bitcoin market.
As we all know, Bitcoin, which is based on the concept of decentralization, constructs a secure and free payment network, avoiding the problem of traditional currency inflation. In addition, each node can reasonably and effectively allocate resources reasonably in P2P networks, making nodes and the transaction is convenient and fast. Under this kind of money network, each node pays a certain amount of labor to obtain the corresponding resources, commonly known as ‘mining’.
Last year, a large number of Bitcoin currency business enthusiasts joined the Bitcoin mining army, and some even mined in the basement of their home. Not only that but with the lucrative returns of mining, large miners also choose to mine Bitcoin in some places where electricity is cheap. Due to the skyrocketing price of Bitcoin in 2017, the profit of miners was as high as 1400%. However, when the Bitcoin price fell to 6,000 dollars, the enthusiasm of the miners seemed to have not wavered at all, reflecting the fact that the industry was ‘deep’. Because of the price and after the fall, some small players have to choose their position.
Because in the process of Bitcoin mining, it will consume a lot of power. As of August 2018, it is estimated that Bitcoin currently consumes more than 70 trillion watts of electricity per year, equivalent to 0.3% of the total global electricity consumption. . The global annual mining revenue is nearly 7 billion US dollars, while the mining cost is nearly 3.4 billion US dollars. Bitcoin currently has more than 6 million US household electricity.
It is for this reason that more and more people are beginning to question the rationality of Bitcoin mining. After all, does it really make sense to consume so much energy for a thing that only exists in the online world? In addition, some environmentalists have joined the team that denounced Bitcoin. They said that in the context of thermal power generation as the mainstream power generation mode, consuming more power is equivalent to putting more pressure on the global environment. Bitcoin mining is indirectly Create pollution! As a result, some countries have begun to restrict or prohibit Bitcoin mining, and even those who violate the rules will even be fined.
Bitcoin Info
Bitcoin price today is at $7213.16, dropping 0.01%. The 24hour Volume of BTC to USD is still at the top of the Bitcoin market.
cryptoforfun
Contributor
AdEx is a decentralized ad exchange based on blockchain and smart contracts, primarily for the entertainment industry, especially for streaming video services provided by publishers. We hope to change the traditional digital advertising model through AdEx adx, a transparent and dedicated platform that allows advertisers and publishers to collaborate and reach potential customers.
The core feature of AdEx is the AdEx profile. This is a personalized page that helps each end user understand and control the ads posted to them. For advertisers, giving users more control is more beneficial to them: users are actively telling them about their own consumer preferences, consumer behavior, shopping habits and willingness to buy. This means that AdEx profiles can help advertisers achieve "surgical precision" ad targeting and get a higher return on advertising investment.
AdEx uses blockchain and smart contract technology to eliminate the complexity of existing ad serving networks. Allowing users to act as the sole regulator of the AdEx network solves the most common problems faced by today's advertisers: the lack of transparency in advertising bids and the unclear and erroneous reporting of advertising campaigns.
ADX is based on Ethereum, and Ethereum is a distributed computing platform based on the blockchain. Smart contracts can be transported and executed on it. Smart contracts are distributed computing projects that facilitate the achievement of online contractual consensus in a cryptographically secure manner. Ethereum's open source code, JPMorgan Chase, Deloitte, IBM, Santander, Microsoft, Luxembourg Stock Exchange and Toyota are also using Ethereum.blockchain
Another core component of AdEx is storage. Due to the high storage cost of blockchains, AdEx uses IPFS to store advertising media such as images, videos, and metadata.and
Although Ethereum is currently facing some scalability challenges, it is behind a very focused and intelligent team that is constantly providing new solutions.
We plan to achieve rapid interaction between publishers and advertisers through the Ethereum's state channel so that it is not limited by the speed and cost of the entire Ethereum blockchain.channel,
AdEx history price to USD reached its peak at 3.26 USD on 8 Jan 2018, The whole is in a downward trend of fluctuating fluctuations. Jan,
AdEx Info
AdEx price is at $0.214452 now, drops 3.99%. ADX to BTC is still at the top in AdEx market.
The core feature of AdEx is the AdEx profile. This is a personalized page that helps each end user understand and control the ads posted to them. For advertisers, giving users more control is more beneficial to them: users are actively telling them about their own consumer preferences, consumer behavior, shopping habits and willingness to buy. This means that AdEx profiles can help advertisers achieve "surgical precision" ad targeting and get a higher return on advertising investment.
AdEx uses blockchain and smart contract technology to eliminate the complexity of existing ad serving networks. Allowing users to act as the sole regulator of the AdEx network solves the most common problems faced by today's advertisers: the lack of transparency in advertising bids and the unclear and erroneous reporting of advertising campaigns.
ADX is based on Ethereum, and Ethereum is a distributed computing platform based on the blockchain. Smart contracts can be transported and executed on it. Smart contracts are distributed computing projects that facilitate the achievement of online contractual consensus in a cryptographically secure manner. Ethereum's open source code, JPMorgan Chase, Deloitte, IBM, Santander, Microsoft, Luxembourg Stock Exchange and Toyota are also using Ethereum.blockchain
Another core component of AdEx is storage. Due to the high storage cost of blockchains, AdEx uses IPFS to store advertising media such as images, videos, and metadata.and
Although Ethereum is currently facing some scalability challenges, it is behind a very focused and intelligent team that is constantly providing new solutions.
We plan to achieve rapid interaction between publishers and advertisers through the Ethereum's state channel so that it is not limited by the speed and cost of the entire Ethereum blockchain.channel,
AdEx history price to USD reached its peak at 3.26 USD on 8 Jan 2018, The whole is in a downward trend of fluctuating fluctuations. Jan,
AdEx Info
AdEx price is at $0.214452 now, drops 3.99%. ADX to BTC is still at the top in AdEx market.
cryptoforfun
Contributor
In the case of market adjustments, some industry experts believe that Ethereum will lose more than Bitcoin market.
If the market is adjusted again, Ethereum will have greater selling pressure than Bitcoin. Although Bitcoin prices have exceeded the resistance of $7,200 in the past week, some experts in the industry said that Bitcoin is expected to face another market adjustment soon. And then can condense enough power for the mid-term rebound recovery.
Bitcoin vs. Ethereum
According to Alex Kruger, another eminent economist and crypto-trader, Ethereum will be hit harder than Bitcoin if the market makes another major adjustment. However, he also said that Ethereum is actually more likely to undergo adjustments than Bitcoin.
To further elaborate his point of view, Alex Krueger said that before the cryptocurrency market rebounds again, if there is a similar market adjustment in the medium term, Ethereum will encounter a larger sell-off than Bitcoin pressure
Alex Krueger explained that there are three main reasons why Ethereum has more selling pressure than Bitcoin:
First, at present, the possibility of Ethereum exchange-traded funds being approved is very low–although there are reports that the Chicago Board Options Exchange (CBOE) is considering launching the Ethereum futures market;
Second, the market value of Ethereum and Ethereum price is lower than that of Bitcoin;
Third, with the rise of other competitors, Ethereum's market cap is facing enormous challenges.
On the other hand, Bitcoin's highest position in the cryptocurrency market ensures that it is always the market leader.
Not only that, Bitcoin uses a blockchain network based on the Workload Authentication (PoW) consensus algorithm, rather than the Equity Certification (PoS) consensus algorithm used by Ethereum. In this case, Ethereum needs to face more competitors using similar smart contract agreements, including wave field, EOS and Cardano.
What is the next step?
Erik Voorhees, CEO of the digital asset exchange ShapeShift, in an interview, he expressed his views on the market and said that the current bear market is not over, only a market adjustment "The cruel phase." In addition, Eric Voris also said that the current low price of the cryptocurrency market may be a good opportunity for long-term investors to enter.
According to some well-known traders, the price of Bitcoin has remained at $6,000-7,000 in August, but it seems premature to have completed the price correction. If the entire cryptocurrency market can remain within this price range in September, then the market may trigger a mid-term rebound recovery without having to go through market adjustments again.
If the market is adjusted again, Ethereum will have greater selling pressure than Bitcoin. Although Bitcoin prices have exceeded the resistance of $7,200 in the past week, some experts in the industry said that Bitcoin is expected to face another market adjustment soon. And then can condense enough power for the mid-term rebound recovery.
Bitcoin vs. Ethereum
According to Alex Kruger, another eminent economist and crypto-trader, Ethereum will be hit harder than Bitcoin if the market makes another major adjustment. However, he also said that Ethereum is actually more likely to undergo adjustments than Bitcoin.
To further elaborate his point of view, Alex Krueger said that before the cryptocurrency market rebounds again, if there is a similar market adjustment in the medium term, Ethereum will encounter a larger sell-off than Bitcoin pressure
Alex Krueger explained that there are three main reasons why Ethereum has more selling pressure than Bitcoin:
First, at present, the possibility of Ethereum exchange-traded funds being approved is very low–although there are reports that the Chicago Board Options Exchange (CBOE) is considering launching the Ethereum futures market;
Second, the market value of Ethereum and Ethereum price is lower than that of Bitcoin;
Third, with the rise of other competitors, Ethereum's market cap is facing enormous challenges.
On the other hand, Bitcoin's highest position in the cryptocurrency market ensures that it is always the market leader.
Not only that, Bitcoin uses a blockchain network based on the Workload Authentication (PoW) consensus algorithm, rather than the Equity Certification (PoS) consensus algorithm used by Ethereum. In this case, Ethereum needs to face more competitors using similar smart contract agreements, including wave field, EOS and Cardano.
What is the next step?
Erik Voorhees, CEO of the digital asset exchange ShapeShift, in an interview, he expressed his views on the market and said that the current bear market is not over, only a market adjustment "The cruel phase." In addition, Eric Voris also said that the current low price of the cryptocurrency market may be a good opportunity for long-term investors to enter.
According to some well-known traders, the price of Bitcoin has remained at $6,000-7,000 in August, but it seems premature to have completed the price correction. If the entire cryptocurrency market can remain within this price range in September, then the market may trigger a mid-term rebound recovery without having to go through market adjustments again.