Tuesday, October 22, 2019

Crypto under "Ice Cold" VENTURE CAPITALIST


The prices of crypto assets are not the only thing that is cooling as the year ends. Venture capital investments also seem to be declining, but these things happen in a bear market and at least twice before they return as soon as the bulls take over.





Has VC dried for Crypto?






A recent dialogue on crypto twitter suggests that venture capital has cooled in crypto and the projects will require a new investment model. The general consensus of opinion of industry experts is that emerging technology is here to stay.





The debate was triggered yesterday by this tweet from an investor;





"From a friend of VC:" We are quite cold in cryptography. Crypto is more like Cleantech than a normal sector and less active in technology. Both are essentially new technology stacks that are based on a broad adoption of new business behaviors. "





The bad taste for many arose from the large number of symbolic projects that had little support or were direct scams. It was revealed that a large percentage of them were such, although there are still genuine and successful.





Many have also lost much of their investment funds due to the prices of paralyzed tokens. Which are still up to 90% below their highs when ICOs were executed or concluded. This will have resulted in a massive reduction and deceleration of the roadmaps, although the projects are still technically alive.





Investors are primarily concerned with profits and returns and are ignoring the fact that the crypto space is a multiverse of different disruptive technologies. Byzantine Labs responded with;





“Blockchain and the Internet are two sides of the same democratization currency. One for information and data (internet), the other for currency and value (cryptography) ".





They will come back






Chris Burniske, a New York-based Placeholder VC partner, said the VCs recovered mass during the recent bull markets and that this is likely to happen again;





"And yet they will return quickly during the next bull market and desperately ask for meetings to" catch up, "as they did in 2013 and 2017."
He added that work continues for many crypto projects during bear markets. But the VCs ignore this with a greater focus on the financial gains obtained during bull markets.





Last year's bear market was difficult, and it may not be over yet. But what cannot be ignored is that from a limit of $100 billion in December. It increased to almost $ 400 billion in just six months. This nearly 300% bomb has not even been a true bull market for most cryptocurrencies, as it was largely the gain of Bitcoin.





Investors accustomed to making quick money are likely to be disappointed with the current crypto climate. But those deeply involved in the industry have confirmed that they are here to stay.


BTC Weekly Gains Exterminated, Has BTC Big Dump Just Begun?


All the signals have pointed to a big downward movement for Bitcoin and it may have started when BTC falls again below $8k. Could this be the movement that means the return of the bear market and crypto winter, or will Bitcoin hold on to endure another day?





BTC returns to the $7k range






In the last hour, Bitcoin has fallen back below $8,000 for the fifth time this month. According to Tradingview.com, BTC began its fall yesterday in the latest US operations. UU. And he continued in the Asian session this morning. His fund reached a little over $7,900 and seems to remain just above that at the time of writing.
The bearish signals have accumulated as the consolidation period of one month continues. A great movement is expected since the accumulation of these signals is generally followed.





As trader and analyst Josh Rager noted, historical volatility is falling to levels that would indicate a break.





"With a slow side market, we will see a descending HV that indicates a strong reaction in the price action and an increase in volatility"





Yesterday, the popular analyst observed a compression of the Bollinger band that has also historically caused ruptures. He added that with the price still below the 20-day moving average, a downward movement has a higher probability.





Then there is the cross of death on the daily chart that is about to form when the 50-day moving average falls below 200 slow days. This is more sinister, as it represents a long-term trend change that could be the end of this year's recovery and the return of crypto winter.





That crossing is likely to occur today or tomorrow if there is no upward momentum.





Crypto Market Cap about to fall apart






The Altcoins clearly have not been able to decouple from Bitcoin, as it has corrected 42% of its peak this year. There hasn't been a high season and a red sea is wrapping them all up again today.





The crypto account "Trading Room" has identified a trend line for the total market capitalization that if it breaks could result in a massive dump below $ 200 billion.





"This Trendline has all the fortune of the market over the next few weeks."
After today's losses, the total market capitalization is currently $ 217 billion, after having thrown $ 7 billion on the day. It has not fallen below $ 200 billion since early May, when things were clearly optimistic for Bitcoin and its brothers.





All alternative currencies are turning over today with Ethereum falling below $ 170 on a 4% slide and XRP falling below $ 0.29 as the momentum decreases.





Larger losses of more than 5% are occurring in Bitcoin Cash, BSV, Tron, Cardano, Chainlink and Tezos. If the altcoins are losing so much before BTC falls below the support, they will be eliminated when the large dump finally occurs.


Bitcoin Volatility is Inbound Indicator Massive Signals


Bitcoin (BTC) has been consolidating in recent weeks and months, and has failed to gain momentum in any direction, as it fell below $ 10,000.





However, this consolidation period could end soon, as a technical indicator clarifies that a large-scale movement may be imminent, and an analyst believes that the future volatility of BTC on Facebook may play a role in.





Bitcoin Bulls and Beers consolidate as Riemann's deadlock






At the time of writing, bitcoin is trading marginally below its current price of $ 8,250, and its buyers have not been able to increase at that time since the visit of $ 7,900 last week.





Bitcoin has been caught in a relatively narrow trading range between $ 7,800 and $ 8,800, with significant support for the previous price and strong resistance to the latest price.





It is important to note that this period of Bitcoin trading came after a sharp drop from its previous Bitcoin support level at $10,000, and although the medium-term trend remains bearish. The remarkable support set at $ 7,800 is a long time. You can dial Lower term for cryptocurrency.





In a recent Bloomberg report, he noted that the Bitcoin commercial wrap indicator is currently the narrowest since mid-September. Which means that another large-scale movement for the cryptocurrency may be imminent.





"The indicator softens the moving average to cross the upper and lower limits and a similar narrowing last month led to a drop of more than 12% for Bitcoin on September 24," the report said.





The balance of Facebook can contribute to the instability of BTC






Detailed in the same report, Matt Maley, a stock strategist at Miller Tabak + Company, explained to Bloomberg that. He believed that Facebook's Fortune Libra is currently contributing to the BTC price action. And that cryptography is only in it Can resume the standard. The people of the Libra zodiac die because of market cycles.





"As it becomes increasingly obvious that Libra is not downloading the object. It will be a long time before Facebook does something, as that becomes more evident, instability will recover again … With what is happening with Libra and Facebook, the issue is definitely in the headlines and will not disappear. "





While it is not clear if Libra really has a significant impact on the price of Bitcoin. Its destination is increasingly clear. It can allow bitcoin to regain control of the news cycle.


Monday, October 21, 2019

Bitcoin Sidechain how could smash Altcoins: Blockstream CEO Adam Back


The first cryptocurrency developer and British crypto expert Adam Back is speaking at the Transylvania cryptocurrency conference on Bitcoin side chains. The basic premise is that this additional functionality can make many altcoins redundant.





Bitcoin sets aside the future






Five years have passed since the original Bitcoin Whitechaper was launched. In 1997, who invented the hashcash before Bitcoin, played a key role in cryptographic innovation and pioneered the central development of BOS. His company, Blockstream, provides funds for the development of an important bitcoin network client software.





The basis of the pavements mentioned in the document was that users could move their BTC between several completely separate blockchains. Allowing a wide range of new encryption features that have emerged in many of the current Altups.





New features and features can be created through bitcoin pavements, in theory, today there are many redundant representations. According to Forbes, current side technology comes with trade in the areas of centralization and censorship resistance.





The back rises on the basis that Bitcoin may have such functionality in the future. He clearly does not like the current state of the market that is full of alternative currencies.





“In the history of alternative currencies. It seemed that there was a period in which a large number of them did not present any of them, and it was played. And then people needed a new way to bring them to the market, so they added features. Some of them were real features, and some of them were market stories. "





Speaking on a panel at the conference, Back said that a modular Bitcoin core could allow developers to simply build on it instead of building a completely new blockchain and token.





"It will continue to be a financial incentive, but its credibility will be low. Because if you have a very easy-to-use extension mechanism for Bitcoin and examples of extensions that do some simple things you can create. Then a really good one." The story is not why you are doing it elsewhere. "





He used the Internet as an example, stating that if there were hundreds of contact copies of his underlying protocol, TCP / IP. His development would also be in poor condition. He said that layer two protocols, such as lighting networks, may also seem useless to alternative payment processors.





Nothing Decentralized






There are many existing sidewalks, such as Blockchusts Liquid, but they are not completely reliable. Beck acknowledged this "Your risk with Bitcoin is that, after all. Currencies saved in some way, in a somewhat decentralized manner."





The current state of the game is that altcoins offer somewhat different and reliable pavements for Bitcoins that are still a few years away.





The Ripple token is a centralized cross-border banking platform at enterprise level. And Ethereum offers a smart contract computer and a decentralized financial platform. Both completely different from Bitcoin. Even with BTC side chains, the options are very unlikely to simply disappear. They will have to evolve at the same speed or faster to survive.


XRP Target $0.33 as Crypto Market Surge Widespread: Analysts


XRP has been one of the big winners of the recent Bitcoin consolidation battle, as the cryptocurrency has been able to grow significantly in recent days and weeks, putting a remarkable distance between $ 0.24 recently.





Analysts now point out that the recent cryptocurrency boom may indicate the possibility of Ripple rising to $ 0.33 in the near future.





Ripple reach $ 0.30 as optimism increases






At the time of writing this article, XRP quotes a little more than 1% at its current price of $ 0.293, indicating a slight increase in its daily lows below $ 0.29.





It is important to note that XRP is currently trading significantly above its recent lows of $ 0.24. That set at the end of September, less than a month after September and in recent times. The growth of cryptocurrencies has been seen before Bitcoin and the recession. Other great alternative currencies.





Today, however, Ripple is trading down more than 2% against its BTC trading pair and has not been able to track the bullish momentum. That Bitcoin faced with the pressure to buy after a previous recent visit. Today it has done a $7,000 area.





In the short term, it seems that XRP is the beneficiary of the bitcoin consolidation period. It may not track BTC if cryptography has significant upward momentum in the short term. Which could mean XRP investors will benefit from any other consolidation or inconvenience of BTC.





Analyst: XRP can point to $ 0.33 in the short term






In regards to the next cryptocurrency title, a leading analyst who focuses his TA primarily on Ripple reported in a recent tweet. He believed that cryptography could be a short-term target at $0.33.





"Fan of $ XRP, here is the long-term RSI image for the #XRP chart. It should be obvious why I think the market would recognize $0.33c as a very positive move with a good accumulation of R: R. Headline, rewrite …? $ Effervescent XRP looks almost x, "he said pointing to the chart below.
The current XRP boom could be fueled by any bitcoin consolidation. Although any significant upward movement by total crypto markets would likely cost Bolt's XRP. As it was reduced to a $ 0.30 lower field trip. The work of


Bitcoin Sparkle Bullish Sign as Bulls Grip it Above Key Technical Points


After floating in the $ 8,000 area for a prolonged period, Bitcoin has been able to give some indication of a boom as its buyers increased their price by more than 3%. This last increase confirms the upper area of ​​$ 7,000 as a strong level for BTC.





Analysts believe that today's rebound has pushed BTC beyond several key technical levels, previously pressing its price, which could mean that it is positioned to benefit significantly in the near future.





Bitcoin up more than 3%, as Bulls, respond to recent dip below $8,000






At the time of writing, bitcoin is trading below $ 8,300 more than 3% of its current value, and cryptography has sunk below $ 8,000 in a field just days after the boom that seems to be filled with significant pressure. Is.





Although BTC has not adopted any significant trend in any direction in recent weeks, the recent consolidation episode has proven to be positive for many major altcoins, with XRP and others posting large gains in recent weeks. They have been





Although it is unclear whether the latest increase in bitcoin points to an underlying increase in cryptocurrencies, analysts believe that if it exceeds $ 8,000 in the short term, higher profits will be generated. It canbe deployed.





Hornhair, a popular crypto analyst on Twitter, talked about this in a recent tweet, stating that he would like to enter new long posts of around $ 8,100.





"Almost on time … Bullish as long as we stay above the switch. I will hunt over $ 8-8.1k this week. $ BTC # bitcoin," he explained.






Analyst: Technical structures that strengthen BTC isolation






Josh Olschiewicz, another popular crypto analyst, supported Bitcoin's Hornhair analysis and recently offered an in-depth analysis of the cryptocurrency, pointing out several key technical levels at which it breaks decisively.





"4h $ BTC - Bull Div Held - Range Lows Held - Back Up Midband (20SMA)," he explained in a tweet.
In the coming hours and days there will be a possibility that Bitcoin will take an even more medium-term trend, since it could accelerate even more in the short term if it is able to stay above the previous technical levels.


Sunday, October 20, 2019

Bitcoin Price Probably Stay at $7,700 , Will Regain Uptrend: Indicators


As Bitcoin (BTC) bulls were marginalized at the end of June. Crypto currency investors were wondering at what point the pain would stop. At which time Bitcoin (BTC) would resume its upward trend to a possible new historical high.





No one had an answer for months. BTC fell by $13,000, then $10,000, then recently $8,000. And yet, some others call for a 25% drop to $6,000. Which many traders believe will give the crypto currency market a final fund before a multi year bull market.
But, there is increasing evidence that the leading crypto currency will soon reverse.





Bitcoin indicators downward impact






Mohit Sorot, partner of Bittu Capital, said many BTC indicators are approaching a tipping point, which they believe will be where the price of Bitcoin (BTC) will eventually rebound. "[THE] Relative power indices, positive direction indicators, and negative directional indicators will have to be restored to a significant horizontal level," he said, adding that "these levels have only one thing to do: activate the Bitcoin (BTC) value."





As can be seen from the chart shown above, Bitcoin (BTC) is likely to fall slightly below the fund (presumably recover again at $ 7,700). Then start a new uptrend, therefore, the negative achieved by the indicator Reverse the trend.






Soraut isn't only person who expects a low early for BTC.





As News Bitcoin (BTC) previously reported, the model predicted a fall of $ 10,000 to $ 8,000. Indicating that the downtrend has ended.
The model under consideration, created by crypto currency investment consultant Berger Crypto, is derived from Bitcoin's historical returns. And the flow of shares and forecasts from the Facebook Prophet. As you can see below, the model suggests that the Bitcoin (BTC) bottles in October begin operating in early Halloween / early November, and then reach a record high.