It is no doubt Grayscale’s booming popularity as a mainstream investment has caused a lot of community hullabaloo lately. As such, I felt it was worth making a FAQ regarding the topic. I’m looking to update this as needed and of course am open to suggestions / adding any questions. The goal is simply to have a thread we can link to anyone with questions on Grayscaleand its products. Instead of explaining the same thing 3 times a day, shoot those posters over to this thread.My hope is that these questions are answered in a fairly simple and easy to understand manner. I think as the sub grows it will be a nice reference point for newcomers. Disclaimer: I do NOT work for Grayscale and as such am basing all these answers on information that can be found on their website / reports. (Grayscale’s official FAQ can be found here). I also do NOT have a finance degree, I do NOT have a Series 6 / 7 / 140-whatever, and I do NOT work with investment products for my day job. I have an accounting background and work within the finance world so I have the general ‘business’ knowledge to put it all together, but this is all info determined in my best faith effort as a layman. The point being is this --- it is possible I may explain something wrong or missed the technical terms, and if that occurs I am more than happy to update anything that can be proven incorrect Everything below will be in reference to ETHE but will apply to GBTC as well.If those two segregate in any way, I will note that accordingly.
ETHE is essentially a stock that intends to loosely track the price of ETH. It does so by having each ETHE be backed by a specific amount of ETH that is held on chain. Initially, the newly minted ETHE can only be purchased by institutions and accredited investors directly from Grayscale. Once a year has passed (6 months for GBTC) it can then be listed on the OTCQX Best Market exchange for secondary trading. Once listed on OTCQX, anyone investor can purchase at this point. Additional information on ETHE can be found here.
So ETHE is an ETF?
No. For technical reasons beyond my personal understandings it is not labeled an ETF. I know it all flows back to the “Securities Act Rule 144”, but due to my limited knowledge on SEC regulations I don’t want to misspeak past that. If anyone is more knowledgeable on the subject I am happy to input their answer here.
How long has ETHE existed?
ETHE was formed 12/14/2017. GBTC was formed 9/25/2013.
How is ETHE created?
The trust will issue shares to “Authorized Participants” in groups of 100 shares (called baskets). Authorized Participants are the only persons that may place orders to create these baskets and they do it on behalf of the investor. Source: Creation and Redemption of Shares section on page 39 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here Note – The way their reports word this makes it sound like there is an army of authorizers doing the dirty work, but in reality there is only one Authorized Participant. At this moment the “Genesis” company is the sole Authorized Participant. Genesis is owned by the “Digital Currency Group, Inc.” which is the parent company of Grayscale as well. (And to really go down the rabbit hole it looks like DCG is the parent company of CoinDesk and is “backing 150+ companies across 30 countries, including Coinbase, Ripple, and Chainalysis.”) Source: Digital Currency Group, Inc. informational section on page 77 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here Source: Barry E. Silbert informational section on page 75 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
How does Grayscale acquire the ETH to collateralize the ETHE product?
An Investor may acquire ETHE by paying in cash or exchanging ETH already owned.
Cash: The investor pays the subscription amount in cash and the Authorized Participant will use that cash to purchase ETH.
ETH: The investor transfers the ETH to the Authorized Participant, which will contribute the ETH in-kind to the Trust.
Source: Creation and Redemption of Shares section on page 40 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Where does Grayscale store their ETH? Does it have a specific wallet address we can follow?
ETH is stored with Coinbase Custody Trust Company, LLC. I am unaware of any specific address or set of addresses that can be used to verify the ETH is actually there. As an aside - I would actually love to see if anyone knows more about this as it’s something that’s sort of peaked my interest after being asked about it… I find it doubtful we can find that however. Source: Part C. Business Information, Item 8, subsection A. on page 16 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Can ETHE be redeemed for ETH?
No, currently there is no way to give your shares of ETHE back to Grayscale to receive ETH back. The only method of getting back into ETH would be to sell your ETHE to someone else and then use those proceeds to buy ETH yourself. Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Why are they not redeeming shares?
I think the report summarizes it best:
Redemptions of Shares are currently not permitted and the Trust is unable to redeem Shares. Subject to receipt of regulatory approval from the SEC and approval by the Sponsor in its sole discretion, the Trust may in the future operate a redemption program. Because the Trust does not believe that the SEC would, at this time, entertain an application for the waiver of rules needed in order to operate an ongoing redemption program, the Trust currently has no intention of seeking regulatory approval from the SEC to operate an ongoing redemption program.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the fee structure?
ETHE has an annual fee of 2.5%. GBTC has an annual fee of 2.0%. Fees are paid by selling the underlying ETH / BTC collateralizing the asset. Source: ETHE’s informational page on Grayscale’s website - Located Here Source: Description of Trust on page 31 & 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the ratio of ETH to ETHE?
At the time of posting (6/19/2020) each ETHE share is backed by .09391605 ETH. Each share of GBTC is backed by .00096038 BTC. ETHE & GBTC’s specific information page on Grayscale’s website updates the ratio daily – Located Here For a full historical look at this ratio, it can be found on the Grayscale home page on the upper right side if you go to Tax Documents > 2019 Tax Documents > Grayscale Ethereum Trust 2019 Tax Letter.
Why is the ratio not 1:1? Why is it always decreasing?
While I cannot say for certain why the initial distribution was not a 1:1 backing, it is more than likely to keep the price down and allow more investors a chance to purchase ETHE / GBTC. As noted above, fees are paid by selling off the ETH collateralizing ETHE. So this number will always be trending downward as time goes on. Source: Description of Trust on page 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
I keep hearing about how this is locked supply… explain?
As noted above, there is currently no redemption program for converting your ETHE back into ETH. This means that once an ETHE is issued, it will remain in circulation until a redemption program is formed --- something that doesn’t seem to be too urgent for the SEC or Grayscale at the moment. Tiny amounts will naturally be removed due to fees, but the bulk of the asset is in there for good. Knowing that ETHE cannot be taken back and destroyed at this time, the ETH collateralizing it will not be removed from the wallet for the foreseeable future. While it is not fully locked in the sense of say a totally lost key, it is not coming out any time soon. Per their annual statement:
The Trust’s ETH will be transferred out of the ETH Account only in the following circumstances: (i) transferred to pay the Sponsor’s Fee or any Additional Trust Expenses, (ii) distributed in connection with the redemption of Baskets (subject to the Trust’s obtaining regulatory approval from the SEC to operate an ongoing redemption program and the consent of the Sponsor), (iii) sold on an as-needed basis to pay Additional Trust Expenses or (iv) sold on behalf of the Trust in the event the Trust terminates and liquidates its assets or as otherwise required by law or regulation.
Source: Description of Trust on page 31 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Grayscale now owns a huge chunk of both ETH and BTC’s supply… should we be worried about manipulation, a sell off to crash the market crash, a staking cartel?
First, it’s important to remember Grayscale is a lot more akin to an exchange then say an investment firm. Grayscale is working on behalf of its investors to create this product for investor control. Grayscale doesn’t ‘control’ the ETH it holds any more then Coinbase ‘controls’ the ETH in its hot wallet. (Note: There are likely some varying levels of control, but specific to this topic Grayscale cannot simply sell [legally, at least] the ETH by their own decision in the same manner Coinbase wouldn't be able to either.) That said, there shouldn’t be any worry in the short to medium time-frame. As noted above, Grayscale can’t really remove ETH other than for fees or termination of the product. At 2.5% a year, fees are noise in terms of volume. Grayscale seems to be the fastest growing product in the crypto space at the moment and termination of the product seems unlikely. IF redemptions were to happen tomorrow, it’s extremely unlikely we would see a mass exodus out of the product to redeem for ETH. And even if there was incentive to get back to ETH, the premium makes it so that it would be much more cost effective to just sell your ETHE on the secondary market and buy ETH yourself. Remember, any redemption is up to the investors and NOT something Grayscale has direct control over.
Yes, but what about [insert criminal act here]…
Alright, yes. Technically nothing is stopping Grayscale from selling all the ETH / BTC and running off to the Bahamas (Hawaii?). BUT there is no real reason for them to do so. Barry is an extremely public figure and it won’t be easy for him to get away with that. Grayscale’s Bitcoin Trust creates SEC reports weekly / bi-weekly and I’m sure given the sentiment towards crypto is being watched carefully. Plus, Grayscale is making tons of consistent revenue and thus has little to no incentive to give that up for a quick buck.
That’s a lot of ‘happy little feels’ Bob, is there even an independent audit or is this Tether 2.0?
Actually yes, an independent auditor report can be found in their annual reports. It is clearly aimed more towards the financial side and I doubt the auditors are crypto savants, but it is at least one extra set of eyes. Auditors are Friedman LLP – Auditor since 2015. Source: Independent Auditor Report starting on page 116 (of the PDF itself) of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here As mentioned by user TheCrpytosAndBloods (In Comments Below), a fun fact:
The company’s auditors Friedman LLP were also coincidentally TetheBitfinex’s auditors until They controversially parted ways in 2018 when the Tether controversy was at its height. I am not suggesting for one moment that there is anything shady about DCG - I just find it interesting it’s the same auditor.
“Grayscale sounds kind of lame” / “Not your keys not your crypto!” / “Why is anyone buying this, it sounds like a scam?”
Welp, for starters this honestly is not really a product aimed at the people likely to be reading this post. To each their own, but do remember just because something provides no value to you doesn’t mean it can’t provide value to someone else. That said some of the advertised benefits are as follows:
Access to trading within a tax advantaged retirement account
Institutions can easily and safely get exposure to crypto in a more legal-friendly manner
Ease of use for those who are not very technologically savvy
Ease of access for someone who doesn’t want to set up a Coinbase account
Perceived trust in institutional platforms over something like Coinbase or Kraken
Degen traders who just want access to the volatility ETHE provides that have no interest in crypto beyond that
So for example, I can set up an IRA at a brokerage account that has $0 trading fees. Then I can trade GBTC and ETHE all day without having to worry about tracking my taxes. All with the relative safety something like E-Trade provides over Binance. As for how it benefits the everyday ETH holder? I think the supply lock is a positive. I also think this product exposes the Ethereum ecosystem to people who otherwise wouldn’t know about it.
Why is there a premium? Why is ETHE’s premium so insanely high compared to GBTC’s premium?
There are a handful of theories of why a premium exists at all, some even mentioned in the annual report. The short list is as follows:
ETHE is NOT redeeming shares and as such doesn’t have an effective arbitrage mechanism
ETHE has a 1 year wait to be sold on the secondary market, again negating the ability to effectively arbitrage the premium
People may simply be willing to pay a premium for the benefits stated above.
Why is ETHE’s so much higher the GBTC’s? Again, a few thoughts:
ETHE hasn’t been around as long, so there is less secondary market supply to go around
ETHE was listed at an insanely high premium to begin with
ETHE might simply be more popular at the moment
Could just be sheer stupidity (investors think ETHE is a 1:1 ratio not 1:11)
Are there any other differences between ETHE and GBTC?
I touched on a few of the smaller differences, but one of the more interesting changes is GBTC is now a “SEC reporting company” as of January 2020. Which again goes beyond my scope of knowledge so I won’t comment on it too much… but the net result is GBTC is now putting out weekly / bi-weekly 8-K’s and annual 10-K’s. This means you can track GBTC that much easier at the moment as well as there is an extra layer of validity to the product IMO.
I’m looking for some statistics on ETHE… such as who is buying, how much is bought, etc?
There is a great Q1 2020 report I recommend you give a read that has a lot of cool graphs and data on the product. It’s a little GBTC centric, but there is some ETHE data as well. It can be found here hidden within the 8-K filings.Q1 2020 is the 4/16/2020 8-K filing. For those more into a GAAP style report see the 2019 annual 10-K of the same location.
Is Grayscale only just for BTC and ETH?
No, there are other products as well. In terms of a secondary market product, ETCG is the Ethereum Classic version of ETHE. Fun Fact – ETCG was actually put out to the secondary market first. It also has a 3% fee tied to it where 1% of it goes to some type of ETC development fund. In terms of institutional and accredited investors, there are a few ‘fan favorites’ such as Bitcoin Cash, Litcoin, Stellar, XRP, and Zcash. Something called Horizion (Backed by ZEN I guess? Idk to be honest what that is…). And a diversified Mutual Fund type fund that has a little bit of all of those. None of these products are available on the secondary market.
Are there alternatives to Grayscale?
I know they exist, but I don’t follow them. I’ll leave this as a “to be edited” section and will add as others comment on what they know. Per user Over-analyser (in comments below):
As asked by pegcity - Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE?
I have always understood that the ETHE issued directly through Grayscale is issued without the premium. As in, if I were to trade 1 ETH for ETHE I would get 11, not say only 2 or 3 because the secondary market premium is so high. And if I were paying cash only I would be paying the price to buy 1 ETH to get my 11 ETHE. Per page 39 of their annual statement, it reads as follows:
The Trust will issue Shares to Authorized Participants from time to time, but only in one or more Baskets (with a Basket being a block of 100 Shares). The Trust will not issue fractions of a Basket. The creation (and, should the Trust commence a redemption program, redemption) of Baskets will be made only in exchange for the delivery to the Trust, or the distribution by the Trust, of the number of whole and fractional ETH represented by each Basket being created (or, should the Trust commence a redemption program, redeemed), which is determined by dividing (x) the number of ETH owned by the Trust at 4:00 p.m., New York time, on the trade date of a creation or redemption order, after deducting the number of ETH representing the U.S. dollar value of accrued but unpaid fees and expenses of the Trust (converted using the ETH Index Price at such time, and carried to the eighth decimal place), by (y) the number of Shares outstanding at such time (with the quotient so obtained calculated to one one-hundred-millionth of one ETH (i.e., carried to the eighth decimal place)), and multiplying such quotient by 100 (the “Basket ETH Amount”). All questions as to the calculation of the Basket ETH Amount will be conclusively determined by the Sponsor and will be final and binding on all persons interested in the Trust. The Basket ETH Amount multiplied by the number of Baskets being created or redeemed is the “Total Basket ETH Amount.” The number of ETH represented by a Share will gradually decrease over time as the Trust’s ETH are used to pay the Trust’s expenses. Each Share represented approximately 0.0950 ETH and 0.0974 ETH as of December 31, 2019 and 2018, respectively.
Calm before the storm? Analyst says $20K Bitcoin possible in 3 months
Mohit Sorout says Bitcoin could rise to a new all-time high in three months when it breaks out of the existing range. The price of Bitcoin (BTC) has been consolidating within a tight range for several months. If the top cryptocurrency successfully breaks out, Bitazu Capital founding partner Mohit Sorout says a record-high would be imminent. Since July 2020, Bitcoin has been ranging between $10,200 and $11,800, a 15% range. It has seen subdued volatility for a prolonged period, except for some short instances of a volatility spike. When Bitcoin stays stable for a long time in a tight price range, a major price movement typically occurs. Whether a breakout would occur in the near term or not remains an uncertainty. But if it happens, Sorout says it would take three months for BTC to hit $20,000.
Why three months for a Bitcoin all-time high following a breakout?
This is where you can find answers to some of the most frequently asked questions. If you can't find what you are looking for then perhaps try browsing our WIKI, or one of our past AMA Recaps! The "most asked" questions are listed first. These will consistently change to reflect Kava's current landscape.
Relevant Questions (Timely)
When will Kava’s DeFi Lending Platform become available?
Kava’s DeFi Lending Platform will go live on June 10th (pending the approval of the current governance vote)
How/where can I access the new DeFi Lending features
The new features will be accessible via integrated wallet and exchange applications such as Cosmostation, Forbole, Trust Wallet, and Frontier.
When is the first Crypto Payday?
On July 15th, 74,000 KAVA tokens (95k USD as of Jul 2020) will be distributed amongst a pool of USDX minters.
How many “Crypto Paydays” will there be?
There will be a new Crypto Payday every wednesday for an entire calendar year - each Payday pool will be composed of that week's USDX minters.
What does the future hold for Kava's DeFi Lending Platform?
The next step will be to adopt new assets.
The governance group will vote for which asset Kava’s DeFi Lending Platform will support next.
Likely candidates are BTC, XRP, or ATOM.
How do I qualify for Crypto Payday?
Use Kava's DeFi Lending Platform to mint USDX.
Currently USDX can only be minted w/ BNB.
When are Crypto Paydays?
Staring July 15th, 2020
Ending July 16th, 2021
Where can I go to mint BNB?
The new features will be accessible via integrated wallet and exchange applications such as Cosmostation, Forbole, Trust Wallet, and Frontier.
BittyTax - New open source project for cryptoasset accounting/audit/tax tools
BittyTax I wrote this code last year to do my own tax return as at the time there was nothing available for UK tax rules. I decided to make it open source here https://github.com/BittyTax/BittyTax. It’s command line tools only at the moment, but I’m working on next version which will integrate directly into Excel to make it a bit easier to use. I've done a lot of testing and some friends have used it for their tax returns, but bear in mind it is still in beta. If you get any problems or there's any feature you would like added, please raise an issue here. It currently handles these data file formats: Wallets:
Qt Wallet (i.e. Bitcoin Core)
Historic price data for fiat/crypto are taken from these sources:
https://preview.redd.it/6in97egosnx31.png?width=800&format=png&auto=webp&s=d2e4d1b052b295cb3da49f604fab7a6113321210 I wrote this lecture on the methodology of successful trading, and more specifically on tactics, strategies, subtleties and recommendations, based on 2 years of work on Bitmex, Binance, Gate, Okex bitcoin cryptocurrency exchanges in real combat conditions. Guided by this technique, I managed to earn 500% in excess of the deposit for 7 days of trading (i.e. I increased the deposit amount by 5 times!). These are not fairy tales, but reality, that is, confirming statistics of exchange transactions on the account of the crypto-exchange.
I believethat the knowledge provided in this course will help a beginner tomaster successful tradingonly if the course is not only read, but also outlined. It will be important to follow punctually, commenting on your actions in your notes.
In separate consultations, I could give personal instructions on the nuances of technical analysis on various timeframes, signals on entry points, information on trade automation software (algorithmic trading robots), and other tools useful in the work of a trader. But, despite a lot of additional software, my experience has shown that the most effective speculation model on the cryptocurrency and stock exchange, which everyone chooses for themselves based on practical experience, is directly in the online trading mode on exchange terminals. Each exchange is good in its own way, but also has its drawbacks. I chose the best solution for myself and am sure that this is temporary. Perhaps in the future there will be more progressive decentralized exchanges with good liquidity and they will replace the existing platforms managed by market leaders. Various digital designations, such as: — in what percentage of the deposit do you enter into a particular transaction; — where to put stop limit or market (Market) (market) orders (and whether to place them at all), where to exit the transaction and how. Again, I note that all the selected values are usually individual and depend both on the time trading intervals (TimeFrame) (1m 3m 15m 1h 3h 4h 6h 1 d 1w 1m) and on the deductible amount of the bet in % percentage of the amount of your deposit. It is important to remember that trading in the cryptocurrency market is a high-risk investment activity that everyone chooses and carries out at their own risk. Remember that with a big bet on the whole, as they say, a patty, and even with 100x-500x leverage, you risk losing your entire deposit right away. An exchange machine or a well-tuned and trained professional broker robot does not cost anything to go against the trend with a tidbit — easy prey. Do not be hamsters i.e. naive simpletons — do not merge the deposit into zero due to elementary greed, incontinence, ardor and other factors that contradict the qualities that a professional trader needs to succeed in trading, namely: cold-bloodedness, endurance, accuracy, punctuality, tact, quick reaction , the ability to quickly enter numbers and timely press the desired buttons.
You ask me: “Hey … guy, you are so smart … I wonder how much you earned from trading or how much you earn or why you don’t do it yourself … why do you need competitors?” — I will answer you: it is no secret that AI (artificial intelligence) has been working on the exchange for a long time and it is constantly improving, but this still does not prevent a person from continuing to beat him. I hope that in the future this trend will not stop otherwise — we have disappeared. And as regards competition — do not worry so much for me, because there is still a trading idea, program or terminal that I have not yet implemented and not reported in this guide after its publication and, perhaps, it will not deprive me of future trading opportunities.
So, the instructions that I follow in the process of trading cryptocurrencies on the exchange terminal in online mode.
It is necessary to wait for the moment of the entry point. You need to enter the deal only then, you feel it and foreseen it in advance according to the levels of the daily period.
It is necessary to carefully weigh their capabilities, ie to consider funds, understanding that futures trading (with leverage) leads to greater risks of liquidation / margin call (MarginCall).
During growth, you need to fix profit and try to sell at a pullback. It is always possible to re-enter a deal, but it is unlikely to return lost profits, instead, you can get several hours of dead weight in the price movement opposite from the planned direction.
It is very important to have cost control, namely, the timely Stop Limit (stop trade order) + sliding Stop Loss (the same thing, only with insurance against a sharp price movement).
It is easy to understand the wave component and accept the movement by levels — press exit buttons in time at 2% and + 10% according to the 1 to 5 principle (we risk one part of the deposit against 5). The Pareto effect has not been canceled: 20% activity, gives 80% effectiveness.
To work with Japanese candles, the ability to draw support levels and resistance lines is enough, but this is not enough for a professional, because the presence of modern advanced indicators, such as MACD, SRSI, Ichimoku Cloud / Signal, horizontal and vertical volume indicator and so on, is very important. Everyone chooses for themselves the indicator that brings more profit to a certain trading range. But remember — the main criterion for success is an understanding of the laws of the market and trade by market. Perhaps this applies to the field of extrasensory perception, metaphysics, and other obscure and hard to prove phenomena and sciences, but one way or another — intuition is clear and has a place to be.
In no case should you enter into short-term breakthrough deals on minute trading with market uncertainty. The situation where minute fluctuations may seem like reversal movements is often quite misleading. If you are in a pose (bull — for growth / long or bear — for fall / short) do not retreat and the market will not slow you to please you with profit. Often, a stock price feed / the same chart manipulates the minds of players, displaying false breakdowns and minute movements, on the basis of which you can not rely on a trend change (this lie is especially evident in minute time intervals / timeframes). In such cases, make decisions only at fundamental levels. On the hourly chart you will see a more truthful picture, because globally, on markets other than minute timeframes, the market is less susceptible to momentary manipulations. This knowledge will give you firmness in the intention and decision-making to remain in the chosen position and not to respond to minor market manipulations. During the day, you may repeatedly wish to unreasonably enter into such transactions, but remember that in this case you will be guaranteed to drain the deposit. Remember — the market from the middle of the trend will go up up or down and hit the stop limit order placed by you (if you play with a large leverage not for your money), after which it will go in the right direction you have chosen. Although in general the situation is banal — you are led by the nose like thousands as well as you. The only true method is to use common sense and avoid uncertainty when trying to enter a pose. A historical analysis of prices, the frequency of ranges (delta) of ups and downs, the degree of volatility and fundamental approaches — to help you. I also want to add that success is in your hands and it consists in the realization of the need not to merge a deposit under any circumstances.
You cannot leave the market unattended, the alarm of the price change alarm is not in your favor or without a stop limit at a reliable exchange platform (broker).
Once again I repeat, you must be prepared in advance for the fact that the market is deceiving and unexpected movements can often occur and your task is to secure your funds with a stop on the market or to fix profit by a floating stop or a fixed stop limit.
Risk management — the basis of success in trading when trading with leverage (margin trading). It is usually recommended to go into a deal at 2% of the deposit with x leverage and stop from profit in the ratio of 1 to 5. What does this mean and why is this risk / profit sharing technique so important?It is necessary to clearly calculate probabilistic lumbago in order to avoid elimination. I recommend you not to rush into bets, but to take a sheet of paper and bargain virtually in order to understand whether your calculations were correct. A virtual game is worth nothing, but it will save you money and keep the deposit safe and sound.
The wave theory assumes entry into the transaction after completion and a clear change in the previous trend based on signals and the news background, incl. experience of the current subject of trade — the operator pushing the buttons. For example, in the absence of price movement in the direction of the RSI indicator, analysis of all time frames with indicators, fibonacci levels, correction degree phase, time of day in time zones, stock and commodity market readings.
It is important, before starting trading, test the presence of a manipulator on the market using the method of high rates. If you are looking for an entry into a major deal in a few weeks, keep in mind that a stop with a loss can be a significant amount in the money equivalent that you are ready to lose, and if the deal does not take place in your favor, you must set yourself up in advance for what it should be. Because a successful trader is not one who regularly guesses successful transactions, but one who successfully completes one out of five transactions according to risk management and the calculation of the leverage calculator in accordance with the chosen strategy.
A lost position can be closed without waiting for the reverse restoration of the bidding process, thus manually participating in the balance adjustment or by setting a stop limit order in advance or after the bid in case of further decline or growth.
There is an assumption that at the end of the working day, with a likely depreciation, traders convert stocks into fiat (money), which contributes to a depreciation, but this is not accurate)
Incorrect entry into the transaction. How important is it to exit an unsuccessful transaction as early as possible or at the first rollback to change the direction of the trend or wait to determine a new entry point.
The presence of two accounts on the exchange terminal is possibleand desirable in order to be able to remain in a winning position regardless of the success of the initially selected trading direction (a technique requiring careful verification by personal experience with a clear definition of the margin leverage and % of the entry into the transaction from the deposit balance to minimize the risk of loss).Successful trading does not consist in the ability to conclude as many successful trades as possible, but in minimizing losses.
Technology is improving and strategies are changing. Before entering a transaction, it is necessary to carefully analyze the current market situation using a comparative analysis, studying the general news background (guided by the ***“buy for expectations — sell on the news”***postulate), detecting a flat (sideways), determining the level of instrument volatility (gold, oil, funds , bitcoins / cryptocurrencies — digital coins, etc.)
Immediately put a stop — is a guarantee of success or a drain of the deposit? After all, how to cope with their own feelings and not get into anxiety about a successful or unsuccessful transaction? The gradual entry scheme works well.
Coins. We look at the trading delta with the help of a robot scanner and make a decision based on all the above criteria in the course. It has been noticed that amateurs buy coins in the hope of growth. Remember, the market for altcoins is not growing now.
A favorable time for earning is at the time of a flat, which usually occurs after the rising flag or the implementation of a bull pennant figure, etc. It will be more clear to observe the schedule in real mode and make the required notes in your own mind.
On the cryptocurrency market, some laptop microprocessors are heated and the fan turns on at peak times. This indicates the beginning of a sharp movement and is a signal to enter the deal. Therefore, you can not only observe the behavior of the market, but now also listen (this is my personal note, it is unlikely that you will find such information somewhere else, as they say — an exclusive / VIP signal;)).
You can still write a lot about time, how much can or should be spent on the monitor, on which timeframes to trade and which strategies to follow, but everyone should choose this independently and preferably, under the guidance of a specialist, because what is applicable to one is to the other — contraindicated.
In fact, any market situation should be beneficial for you due to successful risk management*!*For successful online trading, it is very important to use candlestick and technical analysis*, which help to more accurately determine the entry point to the transaction (purchase or sale).*You cannot act at random when the market is hard to predict and often ready to follow your footsteps.If you lose, then I do not recommend immediately going to recoup*, because trade should ultimately be break even. In ardor, you are likely to enter into an unsuccessful deal and lose even more than before. This situation will make you very sad, so do not make this mistake. She is famous.*Use amodern powerful laptop or desktop computer with a convenient side numeric keypad, a large screen and a convenient manipulator (mouse)so that when you press the buttons you have as little physical braking and stops as possible.Practice in advance to work in the browser on the exchange terminal without making a deposit on futures trading from the exchange wallet. This training practice will reduce your losses.
Hello from Ukraine, Kramatorsk city ( “War is peace / freedom is slavery [and] ignorance is strength.”) Reslav Cryptotrader (if you need find me look around — me be i near ;). To be continued… http://twitter.com/reslav1 P.S.: Nowadays, money strives to be counted more and more. Using the information technology of databases with indexes, it has become possible to automatically and instantly capture and display the information that was previously collected by entire departments of the state within a month and after manual entry was displayed on the screens of industrial monitors and public television. The era of the Internet has come, the time of the accessibility and decentralization of information. Today we see stock chart quotes of stock prices of leading world companies online. Everyone has the opportunity to invest their money in these stocks and earn on the difference in exchange rates of their value. A speculative market was formed on this basis, where leaders appeared who were able to act most efficiently and, accordingly, earn money. Many specialists are studying the nature of success in speculative markets. Many works on methods of achieving success in trading are morally obsolete due to the emergence of new technologies for calculating and controlling the money supply, for example, such as Bitcoin. After all, back in 2009 for 1309.03 BTC they gave 1 dollar. Today 1 BTC costs $ 9,000. This is due to the fact that since the appearance of bitcoin has never been hacked and the technology has shown its reliability and consistency, as a measure of the money invested in it. I will not go into the details and subtleties of Bitcoin technology, but I will note one thing — this is cryptographic software that was used in the banking sector as Swift payments, but transformed into a P2P peer-to-peer network of private computers, as a result, like Bittorent, it became public, hard controlled, commons. Bitcoin provides for a complexity bomb, which complicates each year, and therefore makes it more expensive, its limited production, and this is one of the main reasons for its rise in price. As well as the fact that Bitcoin is convenient for storing funds, as it is liquid and it can be easily sent without quantity restrictions and with high transaction (transfer) speed. All details about Bitcoin are available in open sources and you can find out everything about it on the Internet, as well as the alternative coin market (altcoins / coins), such as Ethereum, USDT (dollar tokens confirmed by a US company with real dollars in bank accounts) etc. Around this market of bitcoin cryptocurrencies, the same speculative matrix (network / exchange) arose as around ordinary currencies and created such a strong competition for traditional assets that many governments adopted it and began to use and implement technologies that arose in their turn base. Cryptocurrencies or blockchain (cryptographic chain / blocks / chain) began to be introduced in public sectors of the economy for calculating and controlling public commons, such as electricity, land, etc. Further, on the basis of this market, the need for regulation arose and the US authorities were very worried about the uncontrolled development of technology, on the basis of which a news background (negative or positive) arose, which powerfully affects cryptocurrency rates. In the era of information, this network began to act as a money pump, skillfully pumping money from the hands of inept speculators into the pockets of experienced traders. As a result of reading a lot of books, watching various telecasts in the industry of bitcoin trading analytics, I came to the conclusion that successfully trading cryptocurrencies is akin to art and as statistics have shown, only 20% in 2–3 years are able to consistently earn money, and of which, in turn, only 2 -3% become billionaires. I bring to your attention a technique by which you can enter the ranks of these 20% successful traders and possibly, jointly, open the door to those notorious 2–3% successful traders who are fortunate enough to touch the notorious golden fleece and discover the world of unlimited financial opportunities. All knowledge is available in open sources and collected by me in the book “Basics of Bitcoin Trading from Reslav” (2019), most of them are available.
$KMD can often be used to buy into decentralized ICOs launched on our platform at a discounted price.
KMD can also be traded with absolute privacy using Komodo’s Jumblr tool
What is a privacy coin? Privacy coins implement various protocols to create a layer of privacy between blockchain transactions. This can be utilized to prevent blockchain traceability or provide different levels of privacy for data stored on the blockchain.
What is Jumblr? A decentralized cryptocurrency shuffler that allows your transactions to become incognito and protects them from being traced through a time or knapsack attack. It adds a privacy layer to your transactions because after your coins are Jumbled, an analysis of the amounts that went in or times that they came out is futile. This function is unique to Komodo and does not require third parties.
2. Security: a secure and robust consensus mechanism called delayed Proof of Work (dPoW) that protects your funds and our ecosystem. This unique technology uses a notarization process to create a backup of the entire Komodo blockchain onto the Bitcoin blockchain thereby increasing security and resilience. This happens roughly every ten minutes. The backups are then saved (notarized) onto the Bitcoin blockchain because it has the highest hashrate available. So even if Komodo suffered a devastating attack (which is extremely unlikely), the Komodo blockchain would merely revert to the most recently notarized copy of the chain. If Bitcoin loses superiority in terms of hashrate the dPOW mechanism can be switched to another blockchain on demand. Hence, Komodo is the most flexible platform to build on and one of the most secure.
What is hashrate? A proof of work blockchain needs a lot of calculations. Hashrate is the way it is measured. The amount of data hashed in a given time by a machine. It is a unit used to define the amount of calculations made by a machine. When you add all the machines together you have the hashrate for that blockchain (here’s a great chart that illustrates it). It's like a river of transactions and the broader and wider it is, the harder it is to manipulate it.
3. Freedom from middlemen: a decentralized exchange (DEX) called BarterDEX, with a fully working order book, powered by our world-class atomic swap technology. This reduces risk and transaction fees. Komodo’s atomic swaps work between Bitcoin protocol and ERC20 tokens which means we can support over 95% of all the tokens and coins in existence. Our decentralized exchange offers ‘liquidity power-ups’ which mean that you can place more than one buy order with the same funds (i.e. pick your top 5 coins and if any of them drop below 50% of their value you’ll buy it and cancel the other orders at the same time) which means your funds have a greater value! On top of all that, Komodo’s DEX has fast transaction speeds and super low transaction fees (0.15%). You can find live BarterDEX and Komodo Stats here: https://dexstats.info/index.php.
What are atomic swaps? Atomic swaps are a method of trading cryptocurrencies peer-to-peer, directly from one blockchain to another, without the need to trust a third-party. Here is a good article to read that will take you about 11 minutes ‘Atomic Swaps & Etomic Swaps, Explained in Plain English’ written by John Westbrook on Medium.
Why do YOU want an exchange to be decentralized? A centralized exchange is a third party and requires you to trust them with your funds. If they’re hacked you’re at risk of losing your funds. Centralized exchanges also require you to trade between pillars (i.e. BTC or USDT) which can involve higher transaction fees and a greater number of trades than necessary to swap the token you have for the one you want (i.e. DOGE sell to BTC to buy KMD is two trades when all you really want is DOGE to KMD).
4. Independence: decentralized ICO crowdfunding and scalability solutions for blockchain startups. You can think of a blockchain as a motorway and if you build a project on the same blockchain as other projects you will be impacted by how well the other drives behave, or by the motorway introducing tolls, or you could suffer from congestion (i.e. if you’re familiar with how crypto kitties caused ETH transaction fees to greatly increase and transaction speeds to slow down then you’ll understand multiple projects on one blockchain cause a scalability and independence problem ). Komodo offers parallel chains which mean a project or decentralized ICO is given its own chain which uses Komodo’s technology. This also solves the scalability issue because using the motorway analogy we can simply open more lanes for a project with a high amount of congestion. This is possible because of the dPOW notarisation. It allows projects to launch completely independent blockchains. Every independent blockchain created on Komodo Platform is automatically integrated into Komodo’s BarterDEX (DEX) which means they have instant access to liquidity for their token and their community can buy and trade immediately. If you compare this to a centralized exchange where projects are often met with a list of onerous demands and fees to be listed and risk being delisted then you’ll understand how important this is for any project especially smaller teams and decentralized apps (dAPPS).
5. Universal Wallet: the Agama Wallet is a universal secure, multi-coin wallet to store funds on and claim the 5% reward for your $KMD tokens. There is also a paper wallet available if you would prefer a cold storage option for those who want to maximize their security.
After analysing the entire Top100 and possible competitors outside of the Top100, I have built my 2018 100x portfolio
Last week I posted a comprehensive summary of all top 100 coins, the first of its kind, at least I don’t know another site that has a similar summary, that’s why I made it in the first place. While putting the summary together, I noticed that all coins can be categorized into only 12 markets. I also received a lot of comments and was able to use the feedback to further improve all description and 700 parameters to get as close to factual descriptions as possible. https://www.reddit.com/CryptoCurrency/comments/8a8lnwhich_are_your_top_5_favourite_coins_out_of_the/ This was all done with the goal in mind to find a portfolio that can go 100x through 2018. The portfolio is based on 3 factors.
Bitcoin will go up by 4x ($32,000) until the end of 2018 amassing a total market cap of 3$ trillion. At this point, Bitcoin will be worth $500M, and altcoins $2,5 trillion, placing Bitcoin dominance at 18%. Currently, it is at 39%.
The fact that altcoins go up at a much higher rate than Bitcoin. The smaller the market cap, the more an altcoin will go up, e.g. BNTY ($8M) will probably go up 200x to $160M, PRL ($50M) 100x to $5B, Nano ($1b) 30x to $30B, while Bitcoin goes up 4x. That's why it is much better to invest in Altcoins than in Bitcoin. Sure, Altcoins also go down much more than Bitcoin, but this portfolio is a year long hold.
The most important rule is not to invest more money than you can afford to lose. The second most important rule in investing is to diversify your investments into high rish (crypto, startups), medium risk (stock options, index funds) and low risk (real estate, pension) assets also while diversifying into different markets, so that not all eggs are in one basket, since some markets might die out and some will take off big time. You want to not be affected as much by dying markets, but you also want to definitely be in the successful markets. We are doing the same thing in our crypto portfolio, where we have at least 1 coin in all 12 markets. The market cloud computing was excluded, because it is rather small and uncertain.
For that reason, the portfolio is divided into approximately
25% High risk high return coins, which yield a return from 20x if they fail to deliver -1000x if they deliver or from a $10M market cap to a $200M-$10B market cap
50% Medium risk medium return coins, which yield a return from 50x if they underperform -200x if they deliver or from a $100M market cap to a $5B-$20B market cap
25% Low risk low return coins, which yield a return from 10x if they fail to deliver - 100x if they deliver or from a $1B market cap to a $10B-$100B market cap
You may ask, Nano, BNB, IOTA, VeChain will have a $100B market cap? Yes, this will happen if the Nano and/or IOTA network does what it's supposed to, because they will be faster, have no fees and use almost no energy to run and possibly replace Bitcoin. This can only happen if Nano and IOTA are able to process 100,000 TPS without losing decentralization and security. However, if they do as promised, Bitcoin will have to innovate very quickly to keep up. This also largely depends on how well the Lightning Network is able to scale up TPS, 50,000 TPS is good and will make Bitcoin able to keep Nano and IOTA in check, but with less TPS, it will be more problematic.
All coins are on Binance or KuCoin, except Saga and Sumo, which are on Cryptopia. All coins and their weights are listed on the second tab of my excel spread sheet: https://docs.google.com/spreadsheets/d/1s8PHcNvvjuy848q18py_CGcu8elRGQAUIf86EYh4QZo/edit#gid=1597706888 High risk high return 21%: 20x-1000x ($200M-$3b) These coins are supposed to have one 1000x-er coin among them. Ideally, you don’t want too many coins in here, because these coins are very early in development or unproven, so they could fizzle out and not give you a good return. However, you also don’t want too few coins in here, because you definitely want to catch the 1000x-er. 3 coins is most probably the sweet spot between having enough coins to catch a 1000x-er and havong not too many coins, so that even if you catch a 1000x-er, you only have 3% of your investment in it and it doesn’t return much. You could potentially add a 4th coin, but I didn’t find any other coin with a >$10M market cap that has very high potential and is in a strong market. Ideally, you want to exactly catch one 1000x-er, because it will make up for 50% of the returns of your portfolio. However, you don’t want to have more 1000x-ers to catch than 1, because there is no difference to only catching 1 with 8% invested in it to catching 2 with 4% each invested, only that the latter is much harder. Realistically speaking, you might catch a 200x-er among these coins, if you’re lucky, a 1000x-er.
8% BNTY is a platform where you can earn money through finding bugs, a bug bounty. BNTY soon wants to expand into “bounties” for gigs, like on fiverr or freelancer.com.
7% Sumo is a privacy coin, similar to Monero.
6% Saga is a stable coin out of the 6 that currently exist but with a tiny market cap besides Maker, DGD, USDT, Havven, Carbon. For risk mitigation, they are backed by Ycombinator and their team is comprised of Stanford graduates.
Medium risk medium return 55%: 20x-200x ($2B-$20B) These are the backbone of the portfolio, all legit projects with a product out already, a strong team, strong community and a potent market. All of these coins will probably make a 20x return and some a 100x-200x, possibly PRL, GAS and ENJ, that’s why they have more weight than the others.
10% PRL is in the decentralized data storage market as Siacoin, Gbyte, Maidsafecoin, Storj, only that it has a 5x smaller market cap and that it actually makes the storage useful by allowing people who store other people’s files to renounce ads and instead make their money through storing files.
13% Gas is an investment in NEO. It has been rumoured that GAS market cap will surpass NEO’s. For that reason, it is the same as investing in NEO, LISK, ARDR, etc. only that is has a 10x smaller market cap
9% ENJ is the investment in the gaming market. Enjin has a platform with already 15 million players and has already finalized a partnership with Minecraft
7% Enigma is privacy for smart contracts on Ethereum
6% Req is in the currency and liquidity exchange market just as QASH, Loopring, Cryptonex, bitshares, Kyber network, Bancor, ZRX, Achain, only that Req has probably the strongest community of all and is also more feature rich
7% Steem is the investment in social network coins. Steem can possibly replace reddit and already has an alexa rank of 1,000.
3% PIVX is the investment in privacy coins. PIVX has slightly superior technology than Monero at a 10x smaller market cap.
Low risk low return 24%: 10x-50x ($10B-$50B) These are the safest bets with a working product, a large community and among the most potential within the top100. Out of these, BNB is probably the safest bet of all, because it is directly tied to Binance, the exchange that has made it as the undisputed number 1 exchange due to excellent professionalism, transparency and intelligent leadership.
8% Vechain The most popular coin of all probably right now. Vechain is a supply chain platform
4% Nano Probably the fastest and most lightweight cryptocurrency right now with instant transactions, zero fees and one millionth the energy use of Bitcoin due to it’s 3rd generation blockchain, the block lattice.
7% IOTA Similar to Nano with instant transactions, zero fees, very low energy thanks to its 3rd generation blockchain the tangle. While it has bigger potential than Nano, it also still has some bugs and security issues to work out.
All in all, the high risk coins are expected to include 1 1000x coin, which would be achieved with Sumo going to only $3B, BTNY $8B or Saga to $4B. Since probably only one of these coins make it, the rest will probably perform somewhere around 100x, thus yielding a 200x return. Medium risk coins are expected to have 2 coins out of 8 to perform at 200x, which would make them go from around $100m to $20B. The rest will probably perform somewhere around 50x, thus yielding a 100x overall return. Low risk coins are expected to have 1 coins out of 4 to perform at 50x, which would make them go from around $1B to $50B. The rest will probably perform somewhere around 20x, thus yielding a 30x overall return. The high risk coins will probably give a 200x return including 1 1000x-er with a bit of luck, the medium risk coins 100x return with probably 1 or 2 200x-ers and the low risk coins possibly 30x with 1 50x with a bit of luck. This gives us a total return of 2000.21(42%) + 1000.55(55%) + 30*0.24(7.2%) = 104x. In case, we don't catch a 1000x-er in the high risk coins, the total return would be 1000.21(21%) + 1000.55(55%) + 30*0.24(7.2%) = 66x. To sum it up, I don’t know if Bitcoin will go 2x, 3x or 5x. However, it is not unlikely for Bitcoin to do this. Maybe it will even go up 20x like in the last bull run, maybe 30x. Maybe the total market cap will be $10 trillion in 2019, no one knows. You would have called me crazy last year if I had said that bitcoin will go from $1,000 to $20,000 within 12 months. Now, we are in the same situation again and there will probably several more 20x bull runs with a 70% correction. It has happened plenty of times before and it will happen again. The last bull runs were
Bitcoin Price Hits New 2019 High Inching Closer to $10,000 ‘FOMO’
Bitcoin (BTC) set a new 2019 high on June 21, hitting $9,800 and firmly beating daily returns of almost all major cryptocurrencies. 📷 Market visualization courtesy ofCoin360 Data from Coin360 put BTC/USD trading at around $9,675 at press time Friday after a minor correction from earlier highs. The performance further cements bitcoin’s bullish progress over the past three months, surprising investors once more after retaking the $9,000 mark this week. Monthly (30-day) gains for bitcoin investors now stand at 26.5%. Previously, commentators had begun forecasting a break to $10,000 would spark considerable demand among prospective buyers, who would then push the bitcoin price higher. They included serial bitcoin bull Tom Lee, who in a note to clients of his Fundstrat Global Advisors said 2019 could see BTC/USD reach as high as $40,000. “In most markets, a ‘new high’ is needed to confirm a breakout[.] But with (bitcoin), when it trades at a price seen only 3% of its history, this has confirmed a new high imminent. This makes crypto different,” he tweeted Thursday as bitcoin passed $9,750. “Currently $250 away from FOMO.” Altcoin markets were slow to react to bitcoin’s latest advances. At press time, ethereum (ETH) had nonetheless managed to beat the largest cryptocurrency’s 24-hour returns, gaining 5.4% to hit $284. The last time ETH/USD traded at that level was in September 2018, the pair coming full circle in around nine months in a pattern, which closely tracks bitcoin. Other altcoins in the top twenty by market cap fared less impressively. The exceptions were monero (XMR), which put in daily gains of 8% to reach $109, and binance coin (BNB), which rose 7.2% to achieve a new all-time high of $37.18. The total cryptocurrency market cap now stands at just under $300 billion, its highest since July last year. Of that, bitcoin holds 57.7% market dominance - a new peak since December 2017, which BTC/USD set its historic high around $20,000.
PSA: Stop spelling the Bitcoin fraudulent site correctly - It only helps them as search engines pick it up. Use: bitcoin,com | bitcoin .com | bitcoin (.) com | bitcoindotcom | ... (153 points, 52 comments)
05-13 17:23 - 'Got sick of price speculation. Made an easy way to index the top 20 cryptocurrencies by market capitalization.' (self.Bitcoin) by /u/haggenballs removed from /r/Bitcoin within 124-134min
''' Hey guys. I’ve been pretty frustrated with the speculation and baseless price predictions in the cryptocurrency market. So I took the boring, old-school concept of indexing and applied it to cryptocurrencies. The index tracks the top 20 cryptocurrencies by market capitalization using a weighted-cap indexing methodology. Each coin cannot go over 10% of the entire portfolio. The excess is redistributed to any of the top 20 coins under 10% by weighted market capitalization until the entire sum of the portfolio adds to to 100%. The top 20 coins makes up ~87% of the cryptocurrency market. For comparison the S&P 500 represents ~75% of the US stock market. At first I was calculating and executing this strategy by hand. But monthly rebalancing took me forever to do and was extremely tedious. So, I made an algorithm to do it instead. It uses the Binance exchange API to facilitate these trades. Last month, I launched a hosted version that anybody can use. It’s called [HodlBot]1 . I’ve only shared it with a few communities and [/algotrading]2 thus far. I’ve backtested the index against 3 years of historical data and talk about it [here]3 . Take the backtest data with a grain of salt. The crypto market has been on fire in the last 3 years. In the one and a half months of live trading, the indexing strategy was up 99%. Performance details and transaction logs [here]4 . If you’re thinking about checking it out, I just want to pass a long one important disclaimer: HodlBot is a long-term, passive, low-cost, indexing strategy. HodlBot does not actively trade, it does not try to beat the market. HodlBot only tries to capture the risk & performance of the market as a whole, and lower your alpha and your unsystematic risk. If you believe in the tech (or just want to hedge your bets), then indexing is a great way to bet on the market as a whole. It’ll save you the headache from trying to pick out the winners. If the history of the stock market tells us anything, most investors are really bad at beating the market.[ Over the last 15-year period, 95% of active funds failed to beat index funds.]5 Thanks you guys for reading. I’d love it if you guys could check it out and let me know what you think. More details about the indexing methodology are available [here]6 . ''' Got sick of price speculation. Made an easy way to index the top 20 cryptocurrencies by market capitalization. Go1dfish undelete link unreddit undelete link Author: haggenballs 1: w*w*hodlbot.i*/?ut*_**urce=redd**&*mp;utm**e*ium**ocial&am*;utm*campa*gn=bi*c*i*-i*dexi*g 2: https://np.reddit.com/algotrading/comments/8dvy93/i_made_a_algo_bot_that_indexes_into_the_top_20/ 3: https://medium.com/@AnthonytXie/hodlbot-cryptocurrency-investing-on-autopilot-dce2e4c9a7f7 4: https://np.reddit.com/algotrading/comments/8h85kp/2x_from_algorithmically_indexing_top_20/ 5: **w.*e*.o*g/publica*ion/**r**ev***nce-t*at-its-very-ha*d-*o-*eat-t**-m**ket*over-t*me-95-o*-fin*nc*a*-profess**na*s-c*nt-do-it* 6: hack*rno****om/h*dl*o*-cryptocurre*cy**nv*sting-on-aut*pilo*-d*e2e4*9a**7 Unknown links are censored to prevent spreading illicit content.
Bitcoin's price since it began in 2009 and all the way up to today. Complete with historical events and how they affected Bitcoin's price. Bitcoin price hits $14,000 exactly 12 years after whitepaper released Cointelegraph.com News - 9 hours ago The price of Bitcoin has surpassed the critical $14,000 mark, the highest level since January 2018. Historical data for the Bitcoin prices - Bitcoin price history viewable in daily, weekly or monthly time intervals. Discover historical prices for BTC-USD stock on Yahoo Finance. View daily, weekly or monthly format back to when Bitcoin USD stock was issued. Bitcoin Price Chart Today: Current Value Of BTC. If you are interested to see the current Bitcoin value from the top cryptocurrency exchanges such as Binance, Bitfinex, Bitstamp, Coinbase, Okex, Kraken and others, our Bitcoin price chart lets you compare prices between exchanges on the charts. Locally, Bitcoin is consolidating near the middle line of the large trend channel. If the price breaks the previous resistance level (~ 10800), we will probably test the supply zone and the main resistance line. Another way: it could break the support level (~10500) and sharply go down to the demand zone. Best regards, EXCAVO Historical Data; Ratings; On-Chain Analysis; News; About Bitcoin. Bitcoin price today is $15,072.88 USD with a 24-hour trading volume of $35,078,629,141 USD. Bitcoin is down 3.42% in the last 24 hours. The current CoinMarketCap ranking is #1, with a market cap of $279,405,360,953 USD. It has a circulating supply of 18,536,962 BTC coins and a max. supply of 21,000,000 BTC coins. The top ... Historical; Video; Binancecoin Charts. All 1y 6m 3m 1m 7d 1d. Binancecoin Markets. Exchange Pair Last price 24 volume; Binance : BNB/USDT $ 29.66 $ 73.06M Binance: BNB/BTC $ 29.65 $ 24.99M Dcoin: BNB/USDT $ 29.65 $ 21.06M P2pb2b: BNB/USD $ 29.69 $ 5.21M Binance: BNB/ETH $ 29.65 $ 3.43M MXC: BNB/USDT $ 29.62 $ 2.37M DragonEx: BNB/USDT $ 29.65 $ 1.59M P2pb2b: BNB/BTC $ 29.65 $ 1.44M FTX: BNB/USD ... Historical Data; Ratings; On-Chain Analysis; News; About Binance Coin. Binance Coin price today is $28.94 USD with a 24-hour trading volume of $342,902,657 USD. Binance Coin is up 5.45% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $4,178,467,593 USD. It has a circulating supply of 144,406,561 BNB coins and a max. supply of 176,406,561 BNB coins. The top ... True Strength Index (TSI) Ultimate Oscillator (UO) Stochastic RSI; Vortex Indicator (VI) Directional Movement Index (DMI) DM Indicator. Centered oscillators. Moving Average Convergence Divergence (MACD) Commodity Channel Index (CCI) Fisher Transform; Momentum Indicator (MOM) Woodies CCI; TRIX; Detrended Price Oscillator (DPO) Percent Price ...
Binance Margin Trading Wrecks Bitcoin's Price and Ethereum To Adopt Bitcoin Cash
In today's video, we take a look at the binance expected acquisition of coinmarketcap and whether or not this is good for crypto. If you would like to be highlighted on my channel please reach out ... This video describes the process of collecting & visualizing historic data from Binance Cryptocurrency Exchange using A Python Bot. Read More Here: https://m... Chapter 4 Building a Binance Bot in Python: Collecting and Analyzing historic cryptocurrency price data. In this video we collect and analyze price data from... Bitcoin Are BULLS About To LOSE?! Critical Price Targets! January 2020 Price Prediction & News - Duration: 37:05. Krown's Crypto Cave 9,685 views Bitcoin Price briefly went below $10,000 before going back to the $10,600- $11,000 range and one question remains; Is the correction over? New reports also r... In this video I talk about the basics of using Python requests by showing you how to call the Coinbase Bitcoin Price Index API. You can see the API docs here... Binance Margin Trading Live 1:38:50 The Trump Dump Professional Mentors, Exclusive Signals and Setups, Custom Indicators & Strategies, Educational Material, and much more. CryptoRobert's quick and easy tutorial on how easy it is to send Bitcoin or Ethereum to Binance using GDAX. You read that correctly. ANYONE can use GDAX to quickly fund not just your Binance ... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ----- Supp... Bitcoin Price Steady, Crypto Spring, BTC Vs Banks, Tezos In Store & Ripple Cross Border The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ...