Darryn Pollock

Bitcoin’s Price Bottoming Out But Big Prospect for Volatility Traders

While the price of Bitcoin may be causing fear and panic, it is an open invitation to traders who thrive on volatility to return
Bitcoin’s Price Bottoming Out But Big Prospect for Volatility Traders
Contents

 

There is no doubting that the most recent price tumble in Bitcoin and related cryptocurrencies from November 15 has caused a bit of fear and panic across the investing market. Those who were looking for their crypto investments to go back up were left shocked, but for traders, there is a glimmer of hope.

Prior to the near 40 percent collapse in the price of Bitcoin, which saw it go from over $6,000 to under $4,000 in two weeks, there was a long bout of near static price volatility. The traditionally wild price swings of Bitcoin abated for some time, which saw a big drop in trading volume.

Traders who had been thriving on the volatile price movements of Bitcoin were suddenly left bored and uninterested as traditional, major stocks like Apple were shook up more violently on a daily basis than the steady cryptocurrency price.

However, the price drop has seen a massive return of volatility for both Bitcoin, and a number of other altcoins — which are trading places in regards to market cap on a regular basis. The price may be falling and causing fear and panic, but there is an increase in trading volume and a bit more excitement for day traders.

Black Thursday

Bitcoin broke from its nearly parallel price movement, which began on September 6, on the same day that Bitcoin Cash began its controversial hard fork. Thursday, November 15 saw the price of Bitcoin drop dramatically form $6,200 to 5,400 — nearly a low for the year. It held steady for a few days before losing another $1,000.

During this period of tumbling prices, Bitcoin has gone as low as $3,600, representing a huge loss in gains. However, in between this dropping price, there has been some up and down volatility that has not been seen for some time.

A chance to cash in

The traditional cryptocurrency investor is either one that trades on the daily, or is in it for the long run — known as Hodlers. Of course, for those who bought in at a time when Bitcoin was going up and topping out at $20,000 in the hope of being a Hodler, this drop in value has been gut-wrenching.

But, for the traders who are looking for quick trades and vast price movements, there is a big chance to play the market and get some quick gains. While the overall trajectory has been downwards, there has also been instances where the price of Bitcoin has rebounded significantly.

In the last few days alone, Bitcoin has gone from $4,200 to its lowest mark in 12 months, but it has also shot back up by almost $700, representing good chances for traders to make quick money.

A boost in trading volume

One big and important metric in the Bitcoin blockchain is the trading volume of the cryptocurrency. It is clear that on big drops in price, there is an increase in trading volume which must be assumed to be a panic sell off, but in general, the trading volume of Bitcoin is up, which could be indicative of increased day trading.

The trading numbers of Bitcoin have been hovering over $8 bln this past week, and this compares to times of low volatility where the volume was hovering below $4 bln.

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Crypto Gags Heewon Jang

WE Gonna Teach You Blockchain !

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CryptoComes Is Your Best Choice For This
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Crypto Gags Heewon Jang

Oh No ???? What Shoud I Do Now ????????

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Does The Government Ban Bother You ?? Comment below ????????????
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Alexander Goborov

Blockchain's Most Successful Women: The Lucky Seven List

Today we bring you the names of Blockchain’s top females who have become major contributors to the global crypto movement
Blockchain's Most Successful Women: The Lucky Seven List
Contents

Today’s world of centralized finance and politics is often associated with a patriarchal structure, which is, it is said, dominated by cunning ambitious men, both old and young. Since Blockchain is the decentralized, mirrored version of this system supposedly striving for equality of opportunity, we thought it would be fun to look at some of the most successful women working in Blockchain today. Here’s our list of the seven ladies who were lucky, talented, and persevering enough to have made it big, listed alphabetically:

Athey, Susan (Ripple)

Athey

With a BA in economics, mathematics, and computer science from Duke University and a PhD in economics from Stanford, Susan Athey is probably the most rigorously trained and academically acclaimed of all of the females on this list. Having previously taught at MIT and Stanford, she worked as an economic consultant for Microsoft for a few years before joining Ripple in 2013. She has been serving on Ripple’s board of directors ever since contributing to the company’s economic strategy and educating the public on the use of the Blockchain technology and DLT.  

Baldet, Amber (Clovyr)

Baldet

A former executive director of JP Morgan’s Blockchain Center of Excellence, which “leads efforts for applications of distributed ledger technology (DLT) within JP Morgan”, Amber Baldet is now the cofounder and current CEO of the recently established platform Clovyr. According to Amber, the company specializes in developing a “framework and ecosystem of applications and services” on the Blockchain. An avid believer in this technology, she is considered to be an influential figure in the community, concurrently also serving on the board of the Zcash Foundation.

Boring, Perianne (Digital Chamber of Commerce)

Boring

Perianne Boring is the president and founder of Digital Chamber of Commerce, which was established back in 2014. The center claims to be no less than “the world's largest trade association representing the blockchain technology”, thereby putting Perianne at the very forefront of the industry. A graduate of the University of Florida, she was a legislative analyst in the US House of Representatives, as well as a financial services journalist for RT America before eventually establishing her own firm and claiming yet more limelight. Today, she is considered to be a major voice in the field, not only among women but also men.

Haun, Kathryn (Coinbase)

Haun

Kathryn Haun is serving on the board of directors of Coinbase, a well-known digital currency exchange platform based in San Francisco. Prized for her legal experience and expertise, the Stanford graduate previously worked as a federal prosecutor with the US Department of Justice. While there, she was involved in such high profile cases as fraud with extortion among federal agents in the Silk Road investigation, as well Bank Secrecy Act violations in the US Department of the Treasury vs. Ripple Labs. Now, Kathryn is using her impressive background to ensure that Coindesk operates well within the US government’s regulations and compliance guidelines.

Kim, Joyce (Stellar)

Kim

Joyce Kim is arguably one of the most accomplished crypto women today. Being the co-founder of Stellar (together with Jed McCaleb), the world’s sixth biggest crypto coin by market cap, Joyce resigned as the company’s executive director two years ago, though she still maintains close ties with the company. Having previously given speeches at the UN about migration and sustainable development, she embarked on a mission to tackle income inequality in some of the less privileged places across the globe, including Asia and Africa. In an effort to further this cause and attempt to solve real world issues through innovation, last year Joyce became a managing partner at SparkChain Capital, an early stage venture capital fund.

Reckhow, Carolyn (Casa)

Reckhow

Carolyn Reckhow is the head of operations and client services at Casa, a recently established company that specializes in multisig storage of digital currencies. She is also the former director of operations at Lubin’s ConsenSys, a company that develops software for Ethereum’s decentralized network, the very same one that earlier this month famously accused EOS of not being a Blockchain company. Carolyn comes from a social sciences background and refers to herself as a “macro social worker for the Internet”. With Casa’s ambitions growing by the day, Carolyn is sure to follow with her hands-on approach and finely honed communication skills.

Vranova, Alena (Trezor)

Vranova

After working for ten years in the insurance sector in her native Czech Republic, Alena Vranova later served as the CEO of Satoshi Labs and became famous in the crypto community for being the founder of the much sought-after Trezor wallet. Earlier this fall, she became the global director of development at Casa, the same recently established company that Carolyn Reckhow is now also working for. At present, Alena is using her strategic know-how and close ties with Satoshi Labs to build a client base comprised of the wealthiest crypto owners around, promising them the best possible hardware protection for their digital assets.   

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🕵️‍ ICO Watch Eric Eissler

Power Slide into the Sea: Past-ICO Review

👁 ICO Watch
Trying to be a one-stop shop for companies launching ICOs, COMSA is more one stop and drop itself
Power Slide into the Sea: Past-ICO Review
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After raising $95 mln in a 35-day ICO from Oct. 2 to Nov. 6, 2017, COMSA has been on a powerslide down into the dumps with faltering token price and a sparse media presence.

The coin opened at $3.65 back on Dec. 13, 2017 and it has fallen to a dismal $0.21 per token at the time of writing.

Daily volumes are only $30,000, which are most likely people taking their money out of the coin. With token prices diving and media exposure sparse, I did the only thing I could, in order to gain more insight into what was going on at COMSA.

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Questions but no answers

I reached out to COMSA with the following questions concerning the company’s present state:

  1. COMSA raised a lot of funds during your ICO but the market cap is still unknown to CoinMarketCap, could you tell us where COMSA stands in term of market cap?
  2. COMSA’s token has been a  steady decline and it appears that, according to the website news feed, some partners have left. Could you provide some more insight as to what is going on? There has not been much media coverage.
  3. What steps are you taking to fix this situation, how will you bring the company back?

I was given the following response which indicates trouble:

In order to maintain the equality on public information, the information will be announced in public instead of contacting individually to a customer.

Please be patient until the release of public information. We appreciate your understanding in advance.

Thank you for your continued support.

Upon reading that statement, seeing the token price crash, and hardly any media coverage or press releases from the company, we can be assured COMSA will be included in the top ICO failures of 2018.

What does COMSA do anyways?

COMSA is supposed to aid companies, which want to launch ICOs, by helping them to eliminate the need for third-partyagencies like escrow services. COMSA can provide trustless transactions in native currencies. Additionally, any tokens issued on the platform will be integrated with both the NEM and Ethereum public Blockchains.

The platform plans to integrate a smart contract system by 2018 but there is no updates or road map to follow. After that smart contract feature is introduced, users will be able to coordinate bitcoin, NEM, Ethereum, and multiple mijin private Blockchains as one network. The company will also offer “network fee delegation” on the NEM Blockchain that allows users to process practical business transactions in fiat currency on the Blockchain without owning its native currency XEM.

While this all sounds nice and all, it looks like COMSA is dead in the water or is staging it’s come back and a way out of these times of troubles. My bet is on the former. The cryptosphere is merciless and will create more failures than it will successes at a faster pace than the regular business world is accustomed to.

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Wikicoin George Shnurenko

What is Faws.com: Crypto Market News Sources Review

📚 Wikicoin
This is a minimalistic but functional platform where users can get essential information about the state of the cryptocurrency market
What is Faws.com: Crypto Market News Sources Review
Contents

Faws.com is a cryptocurrency news aggregator that provides readers with the freshest posts and press-releases gathered from popular online sources. This is a minimalistic and yet functional platform where users can get all essential information about the current state of the cryptocurrency market.

Interface and functionality

Tired of news websites cluttered with ads and widgets? Faws.com is different. On its minimalistic pages, you’ll find nothing but the news feed, and the navigation panel on the right side– your eye will be caught by what really matters. The news feed is perpetually updated: you can see the fresh articles released just a few minutes ago. Faws.com displays posts from such authoritative sources as:

  • Forbes

  • CryptoComes

  • Bitcoin.com

  • dash.org

  • u.today

  • ethereum.org

  • Medium

  • Mashable

  • and many other popular websites.

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Aside from cryptocurrency-related news, faws.com shows press-releases and allows you to track your investment performance for the coins you select. Another great feature is “Coin Alert”: it notifies you as soon as some cryptocurrency passes the price value threshold you specify. Therefore, you always stay in the know about the price and fluctuations of the coins you select.

faws.com has got a simple interface and simple navigation
faws.com has got a simple interface and simple navigation

The last but not the least is the chart of cryptocurrency price: you can check the value of Bitcoin and altcoins in real time, track the percent of fluctuation and the coin market cap.

Customization features

Minimalistic design is not the only thing that makes faws.com convenient– it features special filters for you to see the news that you really want to see. Thus, you can switch the news channels on and off by simply turning the corresponding sliders. You can manage the subscriptions to news sources and press releases separately, as well as your subscription to the social media (at the moment, only Twitter is available). Additionally, you can personalize the watchlist by categories (the type of coin).

Personalize your subscriptions by using sliders in the Sources section
Personalize your subscriptions by using sliders in the Sources section

Users can create a portfolio and track their investment performance: check whether the operations were profitable, find out the amount of profit, and so on. It’s a handy tool for managing your investments and adjusting the trading strategy.

As for the above-mentioned coin alerts, this feature can be customized, as well. First, you can specify the limit reaching of which triggers the notification, be that price growth or dropping. The price can be displayed in different fiat currencies (USD, EUR, etc). Secondly, you can select the preferable ways of receiving notifications:

  • email

  • SMS

  • desktop notifications.

This feature is free of charge.

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Who can use faws.com?

This website would be useful for everybody related to cryptocurrency, be that a professional trader, investor or advisor. It’s aimed at a wide audience, and the choice of news sources will please even the most crypto-savvy users. Here, you may find up-to-date information about currency fluctuations, predictions, technologies connected with crypto, upcoming events, forums and interviews with experts. With fresh news at your disposal, you will always be able to make informed decisions.

Bottom line

Knowledge is power, and when it comes to cryptocurrency trading and investing, knowledge is money, too. Faws.com provides users with valuable and trustworthy information ‘hot from the press.’ The website has simple and intuitive navigation, and a few convenient instruments to tailor the news feed to your preferences. However, there’s still a lot of room for development: users would benefit from additional filters, for instance, news theme and page rating, or viewing of articles from one specific news source. A mobile application wouldn’t hurt, as well as the search bar.

Wikicoin
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