cryptocurrency

As early as 2017, many people were predicting that by 2018, 99% of the digital currency will disappear and its value will return to zero. Once I also laughed at this, because now is the time when the digital currency has exploded on a large scale, the concept of decentralization is gradually becoming the consensus of the world, so how can the digital currency easily disappear? Until I understand the authenticity of various projects, I find that we should rethink this issue. Because the bubble will burst one day, people will regain their sanity and gradually begin to really understand each item, only to find that there are too many unrealities hidden in the project. 1. The white paper boasts that there is no basis The vision of many white papers written by the project is grand and it seems that decentralization can save the world. Including the existing difficulties in artificial intelligence, cloud computing, Internet of things, and big data, using centralized solutions to p...

Let’s take a look at what’s up to date on today’s cryptocurrency BTC Bitcoin’s oscillating down trend since December last year has continued, and recently it is testing the $7,000 integer mark. The embarrassing trend has triggered the outside world’s doubts about whether bitcoin will be in the doldrums. Robert Shiller, the Nobel laureate, even remarked that bitcoin will disappear from the earth like a dinosaur in the next 100 years. Robert Shiller said on a CNBC TV show on Tuesday: Bitcoin  is different from anything today. If it still exists in the future, then it will have a completely different name. There will be a lot of forks in the future, which will change Bitcoin today. And whether it will exist is a problem. Robert Shiller believes that even if Bitcoin does not disappear, it does not mean that it will not be in trouble in the future: One of the possible scenarios is that bitcoin may repeat the tragic 80% drop in 2013 from a high of $1,000. BCH Bitco...

BTC BTC did not break below the integer support of $7,000 yesterday. The rapid fall in EOS prices during the noon period had limited impact on BTC. Then, the BTC trend became stronger along with the rebound of EOS, completing a breakthrough for the recent down channel pressure level and directly breaking through. After the $7500 mark has stabilized, the rebound in the short-term market will continue. It is expected to touch the strong resistance position of 7830. However, it should be noted that since the bitcoin  has temporarily broken the down channel pressure level and then adjusted back to the internal channel events in the middle of this month, it is currently unable to confirm that the rebound trend has been established, after all, the short-term bear market has been maintained for a month. Specific trading ideas: 1 hour level price chart stepped back to 7400 US dollars to support the stabilization confirmation signal can be a small fund intervention, the rebound tar...

The protagonist-James Howells The 32-year-old IT worker James Howells recently became a full-time cryptocurrency investor. In an interview, he disclosed that he had lost more than $60 million in bitcoin in 2009 and he has not recovered the money until now. In 2009, when bitcoin was born, the currency was less than US$1 at the time. Since there were few people involved in mining, the overall computing power was also very low. At that time, Howells used ordinary video card mining equipment to uncover more than 7,500 bitcoins in one week. By 2013, when the bitcoin price exceeded $100, Howells began rummaging through the U disk with 7,500 bitcoin private keys. Later he thought about it and thought that the U disk was empty and threw it away. Bitcoin is a unique digital asset because it forces users to take responsibility for their own assets, while eliminating the possibility of central organization or third-party service providers acquiring user funds. The disadvantage of bit...

Before the start of this week, many fans thought Bitcoin cash hard fork would increase prices. What is disappointing is that Bitcoin’s cash price performance this week is not good.   BCH  prices fell 22% this week and fell 0.2% in the past 24 hours. The bitcoin cash price is 998.03USD, and the market capacity is $17,117,580,562 and USDVolume (24h)$498,158,000 USD. However, if the price falls below 930 U.S. dollars or the low of May 24th, the downtrend channel will open, and the lowest price can see 875 U.S. dollars. Therefore, I think the price action next Monday is very important. About Bitcoin Cash News Bitcoin Cash A few days after the fork, Revolut listed BCH as a tradable asset. In essence, London's payment providers are enabling customers to integrate their statutory bank information and link it directly to their Revolut card. In this way, their users can use Bitstamp for immediate statutory encrypted transfers, Bitstamp charges a 1.5% transaction fee throug...

Graft ( GRFT ) rose 12.63% compared to the US dollar. Graft currently has a market capacity of $10,961,685 and its 24-hour trading volume is approximately $146,375. In seven days, Graft ’ s exchange rate against the US dollar was 0.03%. Graft's maximum supply is exactly 246,830,879 coins, which began on August 24, 2017. GRAFT is separated from the Monero blockchain - Graft hopes to reuse the Cryptonote protocol, the most secure blockchain protocol ever, to protect personal privacy. At the same time, Graft adjusted the algorithm, followed most of the Cryptonote community and implemented anti-ASIC code. latest news: The Merchant Marketplace application has just been certified by Verifone, which is a big step for GRAFT to accept physical store business, and a product development cycle with Verifone that has a 6-month development cycle Graft will integrate with Shopify, one of the most popular online store platforms, design online shopping cart integrations Now look...

The recent decline in the price of coins has made it difficult for many currency markets to report their bad news. For example, Bitcoin Gold is subject to a ‘double spend attack’. The US Department of Justice conducts a criminal investigation of bitcoin manipulation. The EOS Exchange does not support messages such as mapping of the main network. These unfavorable news are very deadly to the currency market. The news is always lagging behind, and all news will be displayed in advance on the price. The role of the news makes investors panic, thus making a mistake to buy at a high price and sell at a low price. So often when you see the news, it has gradually approached the end of this round of rising or falling. This time is often the time when people are most greedy or panicked. BTC /USD This time the decline has been far less than the previous one. This we can clearly observe the size of the volume. So the current Bitcoin is still falling in conjunction with the news, but ...

The 2018 is the first critical year for public-chain competition. Many blockchain projects launched in 2017 will usher in the first wave of major network launches this year. According to the data from coindesk , the number of blockchain projects launched in 2017 reached 343, which is five times more than the total number added in the past three years. The financing amount was US$5.48 billion, which is 18 times that of the past three years. The significance of the launch of the mainnet? First, based on the ERC-20 token's original mission, it needs to be destroyed. The project party will generally convert the original token to 1:1 as the main currency after the mainnet is launched. Secondly, the launch of the mainnet means that the project is initially implemented, and subsequent business activities make sense. For example, a large number of DAPPs can be developed on it, and the good intentions described in the white papers of different chains really start to be tested by us...

Many ICOs are now based on the Ethereum  network, which has caused congestion on the ETH network. So why is ICO based on Ethereum and not Bitcoin network? Is Bitcoin Network Bigger? At the end of 2008 when Nakamoto raised the concept of bitcoin, he only built a decentralized currency system, which is what we call blockchain 1.0. This system is only about money, and there is only one currency in the system. Until the emergence of Ethereum in 2013-14, ETH  ICO was very successful. Because Ethereum can run smart contracts on the Internet, or that the location of Ethereum itself is a platform for smart contracts. So many teams built their decentralized applications on Ethereum. Ethereum developers want to provide convenience to these teams and, of course, for the better development of Ethereum itself, they want to design a new financing method for them so that they can more easily obtain project funding. Finally, in November 2015, Ethereum launched the current ERC20 tok...

Bitcoin cash  (BCH) is a blockchain of large blocks, and there are other differences between Bitcoin and Bitcoin . SegWit was removed, the 1M limit was removed, the maximum 32M block size was supported, and the expansion was continued on the chain. Therefore, there are many faithful believers from the very beginning. However, BCH can survive and continue to advance not just rely on faith. The most important thing is that bitcoin cash (BCH) is in line with the needs of the market and is a product of the times. The background to Bitcoin Cash is the Bitcoin expansion event . The reason why Bitcoin proposed expansion is because the original Bitcoin network has caused serious network congestion and high fees due to block size restrictions. The emergence of this problem has affected the user's experience, making Bitcoin lost its original purpose as a peer-to-peer electronic cash system. More and more users are gradually leaving the Bitcoin network and turning to other digital cu...

Almost all new cryptocurrency developers have a commonality, which is to continue to use the concept of blockchain to promote the characteristics of their wallets. They mistakenly lead people in the community. These developers ignore one thing: their so-called wallet features can be applied to almost any one of the competitors, because they have not made any changes to the agreement. Only a few currencies have new wallet features that can affect the underlying protocols of these currencies, or achieve protocol optimization. The current state of the cryptocurrency ecosystem is like this: Every time a new website is built, the developer directly rewrites the TCP/IP protocol. In fact, we do not need to rewrite the TCP/IP protocol to create a new website, nor do we need to rewrite the BitTorrent specification to create a BT client. Similarly, we do not need to rewrite a new equity certification agreement to create a new wallet software. The new features should be open source a...

Since the invention of steam engines, electricity and computers, the "fourth industrial revolution" represented by the digital revolution has been exciting, and blockchain technology is the result of the "fourth industrial revolution", leading the financial technology from the mobile Internet, Data, cloud computing and other application levels. Blockchain is a disruptive technology In the blockchain innovation and application exploration, finance is the most important field. At present, the exploration and practice of the main blockchain applications are also centered on the financial sector. In the financial field, blockchain technology has broad application prospects in many aspects such as digital currency, payment and clearing, smart contracts, financial transactions, and internet of things finance. Typical applications include Bitcoin, Litecoin and other electronic currencies, more secure and open distributed billing systems, payment settlement syste...