Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: cortanababy on June 07, 2018, 11:57:26 AM
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At present, according to Citicoins (https://citicoins.com) data, there are 1,592 kinds of digital currency, with a total market value of 415.565 billion US dollars, and the market cap of Bitcoin is gradually decreasing. Competition in the pass market is fierce. The United States, Singapore, and Russia are among the top three countries in a positive attitude. Australia, Bulgaria, Germany, and a few other countries have explicitly supported it.
Among them, there has five industries that occupy 93.51% of the global permit market, they are general platform, digital currency and payment, digital currency exchange, internet of things, and games.
Looking at the data for the five quarters, the cryptocurrency of the platform, with the exception of Zilliqa, achieved an average daily positive rate of return. The highest among them was Cardano (https://citicoins.com/cardano) (2.07%) and NEO (2.02%), followed by EOS (1.47%), Lisk (https://citicoins.com/lisk) (1.32%), Ethereum (1.11%) and Qtum (1.01%). Looking at the time period, the average daily income in the second quarter and fourth quarter of 2017 performed optimistic, and the first quarter of 2018 was negative.
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Will Lisk have a bright future?
The blockchain application platform Lisk has now rolled its digital currency LSK into various exchanges and financial services such as ShapeShift, Ingotnet and Coinpayment. With the adoption of payment processors and online merchants, LSK is steadily growing.
There have been many exchanges that have been supporting LSK, including Poloniex, Bittrex, YoBit, BitMEX, Livecoin, OpenLedger, Cryptomic, Bloombit, and ChameleonBit. In particular, Poloniex, one of the world's largest exchanges for cryptocurrencies, has added LSK/Ethercoin trading pairs.
Lisk cryptocurrency can now be used for online transactions, thanks to payment processors and gateway CoinPayments for this currency. The Coinpayment service can integrate digital currency with all popular online shopping carts that are currently in use, so all online stores that are ready to accept LSK payments can use Lisk's services.
In the past few weeks, Lisk has achieved steady growth. Recently, Lisk CEO Max Kordek visited China and met with some exchange leaders in hopes of convincing the Chinese exchanges of Lisk and accepting LSK trading on their platforms.
Lisk is so popular used in exchanges and daily life, will Lisk has a good future? See the Lisk price today, on June 13, Lisk price (https://citicoins.com/lisk) traded down 7.20% and has a price of $6.73. In the last week, Lisk price traded down 25.9%. Will it up in the future?
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Cardano was listed on Bithumb
According to btcmanager news, Cardano ( ADA ) has been attracked by a wide range of cryptocommunities in recent months, they believe that their project development was sluggished, even delayed. They see the project as “vapourware” and attracted many attention from media, but never push to market. Therefore, Cardano team IOHK decide to redesign their website, roadmap and Oroborus wallet, integrate brand information and uniform format choices to provide more rich features and information updates.
On today, Cardano its currency ADA was listed on Bithumb, as well as SNT, Cardano now can be trading on Korea exchange Bithumb. According to Citicoins data, cryptocurrency Cardano (https://citicoins.com/cardano) price on today is traded down 2.10%, price about $0.167. Rank 7 and has a marketcap of $4,342,265,774 USD.
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The World Cup came, Bitshares will burst
Since the beginning of this year, "blockchain + bitshares" has become a major attraction. Due to the problems of centralized manipulation and data fraud in the traditional forecasting market, the natural adaptability of the blockchain technology cannot be arbitrarily tampered with, decentralized, and smart contracts.
The blockchain + bitshares project first appeared in 2015. By 2018, with the arrival of the World Cup, the sports industry's quiz boom has started, and related blockchain projects have also emerged. However, careful analysis shows that there are not many projects that can truly use the blockchain to make users have valuable value for each prediction.
The Bitshares (https://citicoins.com/bitshares) chain is an accident, and it may be the biggest dark horse in the second half of this year. As a deep-growing blockchain forecasting market for nearly a year, it has been constantly polishing products and technology projects. The bitshares chain team firmly believes that the real value of blockchain prediction is not hype, concept creation.
As long as you don't forget your heart, every time the user predicts the value, the sweetest and most beautiful block chain rewards and Token fruits will be there.
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DASH will Launch IOS and Android Wallet Apps
According to DASH official news, its core team announced that it is preparing to launch DashCopay wallet application on IOS and Android. The wallet can set the local currency and the required network fees to increase/decrease the confirmation time. The project is implemented in three phases: the beta version of the test network, the beta version of the main network, and the gradual release of products by geographical area.
Will this good news bring bullish on Dash? Dash price of $257.81 traded down 3.16%. Dash to btc (https://citicoins.com/dash) is 0.03905950. Actually on today, the entire market all red. The mainstream currency fell. At present, BTC temporarily price of $6676, today's fall of 1.72%; ETH temporarily reported $518.66 dollars, today's drop of 4.27%; BCH temporarily 853.80 US dollars, today's drop of 4.84%; LTC temporarily reported 94.68 US dollars, today's drop of 3.74%; EOS provisional report 10.24 USD, 4.02% loss today.
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The ZG.TOP public beta version of the public shares network has been online. The first round of registered airdrop activities has attracted 100,000 participants. Currently, there are 400,000 registered users. It is reported that ZG.TOP will open the Walton chain WTC, AEX platform token GAT, EOS (https://citicoins.com/eos) bifurcation EOP, THETA, Status coin (https://citicoins.com/status), FREC, PSP, LBT and other currency transactions in the near future. According to officials, with the first batch Currency trading is a large wave of high-quality currency airdrop activities.
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Global regulatory storm struck, cryptocurrency market continued to shrink
The bear market in the digital cryptocurrency market (https://citicoins.com) continues. The global market value of cryptocurrencies has shrunk severely. Since June 22, the market has evaporated 46.7 billion U.S. dollars in two days, and the current downturn has not eased. The turmoil in the market has caused a large number of investors to sell their currencies or wait and see, which seems to make the government's supervision of cryptocurrencies firmer.
The debate on ICOS has never ended. Some countries regard it as an illegal fund-raising. Some countries have legitimized it, the needs behind the interest drive, and ultimately they serve the government. IQCS is not good or bad, and it is ultimately legalized. Different countries have different time courses. China, Pakistan, Thailand, Kenya, South Korea, Australia and Japan all began to strictly monitor ICOS. Before the introduction of a policy compliant with the cryptocurrency market, many countries had already stopped the cryptocurrencies traded by domestic financial institutions or banks, including countries such as India, Ireland, and Zimbabwe.
Until June 24, and in the market value of TOP10 in the global cryptocurrency market, a 4.05% drop in BTC-Bitcoin led other currencies to continue downwards, with EOS and cardano ada coin (https://citicoins.com/cardano) falling by 13.61% and 9.47%, respectively the largest currency. Bitcoin (https://citicoins.com/bitcoin) is expected to fall below $5500, so that other currencies are considered to be in decline.
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Bitcoin price predition 2019: will rise to $10,000
News from chainfor about : Bitcoin price predition 2019 (https://citicoins.com/bitcoin). Analysts predict Bitcoin price will rise back to more than US$10,000 by 2019. Todd Gordon, founder of TradingAnalysis.com, predicts that Bitcoin (BTC) will fall to $4,000 before the June 22 CNBC stock draft rebounded to $10,000 in 2019.
Gordon suggested that BTC would fall below $5,000 and then reach $10,000 by the end of the year, citing the fact that the market's volatility is the main reason. When asked to explain his estimates, Gordon cited a “beautiful upward trend” and stated that BTC prices have risen since 2015 and that recent adjustments have been lowered from “not relevant” at $19,000.
Last month, Wall Street analyst Spencer Bogart said that by the end of the year, the major cryptocurrencies will "at least" exceed $10,000. He believes that the reality of deeper institutionalization of the encrypted space is to ensure long-term "story" and that it is "total positive" for the future of Bitcoin.
See other cryptocurrency prices: lisk crypto price (https://citicoins.com/lisk), nano market price
(https://citicoins.com/nano)
What do you think?
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The additional USDTs mostly transaction in ETH. Will the stocks forcefully rise?
Tether has issued 250 million USDTs in large-scale, resulting in a supply of more than 2.85 billion U.S. dollars and USDT share (https://citicoins.com/tether) in the market has increased to over 22%. In all USDT trading pairs, about 30% of the USDT tokens are trading with ETH. ETH/USDT accounted for 25% of all transactions in Ethereum. Up to now, ETH had a net inflow of 2.841 billion in 24 hours.
In 24 hours trading, bitcoin dealt 52 billion yuan, ETH of 28 billion yuan, Bitcoin in the past 24 hours of the rebound in net capital inflows of less than 1 billion, while ETH actually net inflows of nearly 3 billion, funds in this position that buy ETH (https://citicoins.com/ethereum) Significantly more than the others, why is the net buying more rebound than bitcoin but not much stronger than it? The bigger one may be that the funds collection in this interval so that the future market control board can start a larger level of rising prices.
24 hours innovative currency market: According to the data of Bitfinex trading platform, the latest transaction price of EOS is 51.11 yuan, the highest price is 55.05 yuan, the lowest price is 49.5 yuan, and the transaction volume is 8,226,900, a decrease of 0.22%; Dash coin value (https://citicoins.com/dash) latest transaction of 1529.3 yuan, the highest price of 1602.68 yuan, the lowest price of 1521.41 yuan, the volume of 0.3 million, a decrease of 0.27%; NEO latest transaction price 203.47 Yuan, the highest price of 212.9 yuan, the lowest price of 197.52 yuan, volume of 69,800, an increase of 0.10%.
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Why I choose Cardano（ADA）
2017/12/14
Cardano Market cap: 3,644,711,785 (36.4 billion)
Cardano price: 0.139727 USD
24 hour trading volume: 74,039,100 USD
2018/6/28
Cardano Market cap: $3,240,857,890 USD (3,240 million)
1 Cardano coin value (https://citicoins.com/cardano): 0.124999 USD
24 hour trading volume: 65,890,800 USD
The price of ADA coins in October 2017 is 0.021USD, and is 6.7 times to the current price. There are many factors that contribute to Cardano stock price (https://citicoins.com/cardano). Of course, one basic reason is the continuous improvement of ADA's global consensus, and the growing number of supporters and holders of the global ADA community.
Compared to the ADA peak of $1.28 (61x) on January 4th, 2018, the current price still looks like a relatively safe price (the risk of purchase loss is less than the risk of return). Will you choose Cardano or lsk token (https://citicoins.com/lisk) or other famous coin?
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Japanese credit agencies will conduct credit assessments
This week, after the plan to crack down on anonymous cryptocurrencies Zcash coin (https://citicoins.com/zcash), Dash cryptocurrency (https://citicoins.com/dash)and Monero, the Japanese government stated that large credit institutions will conduct credit evaluations of cryptocurrency users to prevent the use of digital assets for money laundering.
Suspicious users will be investigated Credit agencies, information security research companies and Japan Credit Information Service Co. will cooperate with the government to investigate suspicious cryptocurrency trading (https://citicoins.com) accounts and individuals who have traded abnormally large amounts of digital assets within a few weeks. In the past few months, there have been a series of reports that local authorities have decided to strictly supervise the local cryptocurrency exchange market and closely monitor large-scale transactions.
It is reported that Japan’s largest criminal group is using cryptocurrencies and regularly performs hundreds of millions of dollars of money laundering activities. In addition, Japanese authorities also stated that individuals suspected of having relationships with terrorist organizations and criminal organizations on social media and credit scores will also be the targets of censorship, and four credit agencies and local financial institutions will have cryptocurrency transactions for suspicious individuals. The bank's account is widely evaluated.
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ADA Future Direction
The recent increase in ADA Caradano (https://citicoins.com/cardano) is very impressive. Secondly, most public chains now consider the PoS algorithm, including Ethereum, which has its own problems, but the ADA PoS algorithm is proven. This is not to say how reliable the PoS algorithm is, but it is more rigorous when they use mathematics to prove it. However, the premise of this proof contains many assumptions. There is a hypothesis that assumes that the entire network is synchronized, but the actual whole network is asynchronous. The transmission of the entire network takes time. It is still difficult to say whether such proof can be achieved.
Secondly, the hierarchical design of the ADA can bring many benefits. It separates the calculation of the settlement layer from the smart contract. The settlement layer only transfers funds, and the computing layer meets the smart contract. In the calculation layer, it can do more innovative things. Innovating smart contracts will not affect transfers;
In addition, ADA crypto (https://citicoins.com/cardano) must be supervised. Many ADA designs need to be complete. KYC runs on the ADA and is in compliance with government supervision. Monroe, Zcash currency (https://citicoins.com/zcash) used anonymity to resist government review, ADA took the government review and took the road of conformity; currently the quality of ADA code is relatively high, and much effort has been made in rapid iteration. There are many problems with the PoS algorithm, and we do not know what the ADA will be like, but it can prove the PoS algorithm based on a series of assumptions. This is actually very interesting.
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Bitcoin price 2014 vs Bitcoin price 2018
Bitcoin price trends in 2014 and Bitcoin price 2018 (https://citicoins.com/bitcoin) are very similar. After 400 days from December 4, 2013 to January 4, 2015, from the bitcoin price graph, we can see bitcoin prices fell more than 80%, became worst price in history. Not only that, but the bitcoin mid-term decline reached four months before rebounding to previous support levels and maintaining above the support level.
Bitcoin fell by 70% in more than 300 days in 2014. When time arrived in 2018, bitcoin prices fell by more than 72% in less than 200 days — apparently, bitcoin prices have fallen significantly faster than in bitcoin price 2014 adjustments, but At the same time, the speed of price recovery may also be faster.
If we compare trend between Bitcoin price 2014 and bitcoin price 2018 (https://citicoins.com/bitcoin), the Bitcoin price movement from December 2013 to January 2015, we will find that the trend of bitcoin price is similar to that of 2014, but the only difference is their speed!
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Most cryptocurency are falling due to Bitcoin market (https://citicoins.com/bitcoin).
The entire cryptocurrency market (https://citicoins.com) always falls in few days and then rises again. But when this situation happened, have you ever thought what curse the result of the whole prices? Why all cryptocurrency up and down in the same time? Are those currencies all connect to the market trend? Any cryptocurrency can resist the market power?
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Cryptocurrency market analyze of bitcoin, will bear market turn over?
As most crypto friends know, cryptocurrency was strictly controlled by states and governments, even google and Facebook also forbided cryptocurrency advertisements before. China and India also strict on cryptocurrency trading, the cryptocurrency regulation has tightened, and the cryptocurrency trading living space has been extremely compressed. Source from https://medium.com/@Vince81901477/with-stricter-regulation-coming-the-future-of-the-cryptos-is-5c834ae782b2, the medium article mainly discusses the regulatory measures and the impact on industries under the regulation on cryptocurrency, also mentioned about the live market of bitcoin (https://citicoins.com/bitcoin/charts).
In July, live market of Bitcoin in 7 days trading price level between $6400 to $6800, hardly break the high level, even the $6800 - $6833 level, may be this interval stop the new bullish. Another reason may comes to the trading volume is not enough large.
Bitcoin price down, how other cryptocurrency can rise and bullish on the market? The entire cryptocurrency market prices all decline, market cap decline from $274 billion to $252 billion, down 7% and shrinking $2.2 billion.
Bitcoin prices fell by 5%, while ethereum to usd exchange rate (https://citicoins.com/ethereum/profile) fell by more than 7%. On July 11, the price of Ethereum was about $429. Ethereum prices have fallen to less $430 and have dragged down the performance of other cryptocurrencies.
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India attitude towards to cryptocurrency, will cryptocurrency market have future?
Cryptocurrency is like a strong wind flow into the world, carry into many people’ life and for some one, its like a good thing that was brought to them and enrich their lives, thinking which cryptocurrency to invest in (https://citicoins.com), while some are still resist cryptocurrency, and believe they are bubble, stop playing them, never use tools on Bitcoin Price Widget For Website (https://citicoins.com/bitcoin/tools) and investing.
So, what about the state and government their attitude toward cryptocurrency?
India: The Bank of India responded to the cryptocurrency ban and did not change its position.
The Bank of India (RBI) has responded to a report on the cryptocurrency ban submitted by the Indian Internet and Mobile Association (IAMAI). According to Sohail Merchant, CEO of Pocketbits, the Indian cryptocurrency exchange, RBI’s response is “a two-page general response”. As of now, the response cannot be public, but there is not much readability. Merchant said that RBI did not even carefully consider the views expressed in the report. Their arguments were based on “investor protection” and did not change their position.
source: which cryptocurrency to invest in
Comments: This incident shows that India’s position on cryptocurrency is very firm. In April of this year, the Bank of India issued regulations prohibiting banks and financial institutions under its supervision from providing services for cryptocurrencies. The Indian government is tough on cryptocurrency and is more worried about its use in illegal financial activities.
Here is a relative article from Medium about India attitude towards cryptocurency and more details about the cryptocurrency development in India. Source: https://medium.com/@Vince81901477/a-history-of-the-development-of-cryptocurrency-in-india-6dff65869d59
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Survey shows South Africans view on investing in cryptocurrency in 2018.
As cryptocurrency popular and come into people’s life, what about people’s opinion about investing in cryptocurrency 2018, here has a cryptocurrency data about the awareness of cryptocurrency investment.
Survey shows that 38% of South Africans have the willingness to invest in cryptocurrency. This week's 2018 “Save and Invest Monitor” survey by Pan Mu's investment bank, Old Mutual, reveals the results of South African locals' attitude toward Bitcoin, or trade bitcoin cash for btc (https://citicoins.com/bitcoin/charts). The results show that 40% of South Africans are beginning to realize cryptocurrency, 38%. South Africans have the willingness to invest in cryptocurrencies. More than half believe that it is possible to get a lot of returns by investing in cryptocurrency (https://citicoins.com), and only 43% think that cryptocurrency are "bad news."
https://medium.com/@Vince81901477/with-stricter-regulation-coming-the-future-of-the-cryptos-is-5c834ae782b2 , Attached is a link from Medium to an article With Stricter regulation coming, the future of the cryptos is?
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85% of Canadians are fully aware of the importance of cryptocurrency
The investigation report called "Bitcoin Comprehensive Survey (BTCOS)" was carried out by the central bank of the country. The result was a comparison of Canadians' views on bitcoin spot price history (https://citicoins.com/bitcoin/historical%20data) from 2016 to 2017. The reasons why these people hold Bitcoin during the rise in bitcoin prices and the potential impact of Bitcoin on how the Bank of Canada performs its core functions.
The results further indicate that Canadians' cryptocurrency holdings rose from 2.9% to 5%, and the overall awareness of cryptocurrencies rose to 85%.
The survey brought together more than 2,500 Canadians across the country, most of which have the fastest growing bitcoin awareness in Quebec, the French-speaking region. The proportion of knowledge about Bitcoin has increased by more than 20% in one year.
In addition, the results show a significant improvement in the general understanding of Bitcoin, and Canadians believe that the proportion of Bitcoin supported by “government support” has dropped by about 40% compared to previous surveys. In addition, the survey further found that about half of Canadians with Bitcoin did not use it for trading, but instead they like investing in cryptocurrency (https://citicoins.com).
Here is an Medium post What Should Korea Do to Provide a Favorable Circumstance to Crypto Industry? https://medium.com/@Vince81901477/what-should-korea-do-to-provide-a-favorable-circumstance-to-crypto-industry-f06d08035722
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Cryptocurrency market rebound, bull market is coming?
Today cryptocurrency market prices rise and reverse the negative momentum since the market began to fall on July 10. A new positive trend has re-occupied the entire market. So far, by the market capitalization, almost all of the top 100 cryptocurrencies have ushered in significant growth.
Live market of Bitcoin trading price is around $6,730, up 5.8% in the 24 hours to date. In just a few hours this morning, the market-first cryptocurrency price rose by $300 to $6,730, but it still did not exceed the nearly $6,800 high reached on July 8.
Ethereum (ETH), currently trades at about $477, and ethereum to usd exchange rate has risen more than 6.5% in the past 24 hours. With the bitcoin soaring , Ethereum also has a significant increase earlier today, which increased by about 4.6% in two and a half hours, reaching $475, and then continued to increase.
More info. about cryptocurrency market can inference to https://medium.com/@Vince81901477/the-bitcoin-price-rebound-at-a-extremely-low-speed-driving-the-price-of-altcoins-in-the-market-e3f7f0bebe50
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US dollar is in danger, India uses cryptocurrency will become a big winner
India reserves the amount of oil about 0.4% of the world, and it is a country that is seriously lack of oil. The price of crude oil is very high. There are not many us dollars that India can use. In order to buy enough oil, India and Venezuela have friendly relations. India must use Venezuela’s new digital currency oil to buy oil, as long as India purchases oil from Venezuela. It can be sold at a 30% discount and not use US dollars.
This new form of trade settlement between the two countries has undoubtedly caused a huge market impact on the most powerful currency, the US dollar. Once the two countries officially use oil coins for oil trade settlement, I believe many countries will participate, after all, as long as the oil provided by Venezuela is cheap enough, other countries that require the same use of petroleum coins to purchase oil will also be purchased by other countries.
Here is an article related to cryptocurrency in India, https://medium.com/@Vince81901477/cryptos-in-india-which-way-a-industry-will-move-473ade6ef5a4
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Live Market of Bitcoin, Bitcoin plunged nearly 70% in half a year
Although it has stood at $7,000 again in the past two days, bitcoin prices have shrunk by more than 60% compared to the previous high of nearly $20,000. The reporter noted that in addition to Bitcoin, cryptocurrency is accelerating "death" due to tightening of regulatory policies in various countries. According to a recent report by TechCrunch, a famous American technology blog, as of June 30, 2018, more than 1,000 cryptocurrencies have disappeared.
At the same time, live Market of Bitcoin (https://citicoins.com/bitcoin/charts), the largest cryptocurrency market capitalization, bitcoin price has shrunk dramatically. At the end of June, according to the platform Citicoins data, the price of bitcoin fell below $6,000, and the lowest fell to $5848.26, created the lowest level in the past six months.
On the 18th, look at the Live Market of Bitcoin, Bitcoin rebounded slightly. According to relevant media reports, bitcoin price regained more than 7,000 US dollars, an increase of nearly 10%. Despite this, it fell by as much as 68% from an all-time high of $19,187 in December 2017.
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The cryptocurrency market is at risk because of a huge fluctuation and many investors withdraw their support because they are afraid to get more losses.
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Before investing in cryptocurrency, you need to understand such tools
As the cryptocurrency industry continues to grow and expand, more and more people are interested in investing in cryptocurrency (https://citicoins.com). Investment transactions in cryptocurrencies ultimately depend on the future performance of this technology. Compared with traditional trading stocks, although the profits are considerable, the cryptocurrency market is more unstable and the potential risks are increased. Therefore, since the birth of cryptocurrency, more and more cryptographic trading tools have emerged to help traders make profits.
What is an encrypted trading tool? Regardless of investment or trading, it is inevitable to combine various tools. For example, the need for a currency trading platform when purchasing cryptocurrencies, a wallet for storing money, a tool for tracking digital assets like checking 1 ethereum to usd chart (https://citicoins.com/ethereum/tools), and a decision-making tool for buying and selling, are all in the category of cryptographic trading tools. These trading tools play a pivotal role in the trading process, as Peter Borovykh, Blockchain Solution Architect, said: "Strategy is everything in the cryptocurrency, part of the strategy is the tool in your arsenal."
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As bitcoin is the one that always appear in the news so most people only know btc is very common unless they are a user in crypto to know more in depth and the coins that is offered in crypto.
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Cryptocurrency today | Bitcoin price drop $150 in the morning, btc prediction is optimistic
Bitcoin price usd (https://citicoins.com/bitcoin/charts) fell more than 150 US dollars in less than half an hour in the morning, and the Bitcoin exchange rate to USD was still around $5,530 at around 5:50, and fell below $6,270 in short-term at 6:15. Recently, Bitcoin price below $6,300, it fell about 3.5% in 24 hours. At the same time when Bitcoin fell, eth to usd exchange (https://citicoins.com/ethereum/markets) fell more sharply exchange to USDT , from about $285 to $270, a drop of more than 5%. Ripple has fallen more than 4% to USDT for more than half an hour.
BTC market sentiment
The panic has converged, but the overall situation is in a high degree of panic and it takes time to repair.
BTC market outlook
The $6,800 is an important resistance level. Once the breakthrough is made, the market will enter more funds. The target of the rebound will be around $11,000-12,000.
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Cryptocurrency today price | BTC vs EOS, bitcoin price is rocket rising
Today, BTC broke through the price at $6630, with the highest price of 6882. The current market is still violently oscillating. BTC price now (https://citicoins.com/bitcoin/charts) is $6,706.53, up 5.46%. The mainstream currency also rising price today.
This morning, the price of BTC rose, which was a good one, but it became the top of the capital outflow today with 1.014 billion. Is the BTC that is undergoing a change to be short, or is it starting to stock up?
Not only bitcoin price rises today, EOS also attract attention. EOS coin price (https://citicoins.com/eos/charts) today is about $5.31, rising 10.43%, has a great rise since August. EOS's total market capitalization reached $4.64 Billion, accounting for 2.12% of the total cryptocurrency market value. The EOS market value was previously at $17.53B when it reached its high level.
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Cryptocurrency today price | BTC vs EOS, bitcoin price is rocket rising
Today, BTC broke through the price at $6630, with the highest price of 6882. The current market is still violently oscillating. BTC price now (https://citicoins.com/bitcoin/charts) is $6,706.53, up 5.46%. The mainstream currency also rising price today.
This morning, the price of BTC rose, which was a good one, but it became the top of the capital outflow today with 1.014 billion. Is the BTC that is undergoing a change to be short, or is it starting to stock up?
Not only bitcoin price rises today, EOS also attract attention. EOS coin price (https://citicoins.com/eos/charts) today is about $5.31, rising 10.43%, has a great rise since August. EOS's total market capitalization reached $4.64 Billion, accounting for 2.12% of the total cryptocurrency market value. The EOS market value was previously at $17.53B when it reached its high level.
Actually looking at the market today almost all crypto currency are dropping and most of them are popular crypto so we should be careful on our investment.
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Compare to Ethereum history price, how is Ethereum today
According to ethereum price history data (https://citicoins.com/ethereum/historical%20data), Ethereum reached a peak of about $1,343 at the beginning of January 2018, and its price was $280 as of August 21, a drop of nearly 80%.
The market value of ETH is also falling sharply. The current market of Ethereum value (https://citicoins.com/ethereum/markets) is about 28.8 billion US dollars, which is nearly 78% lower than the historical high of about 133.58 billion in January this year, and currently, 13.6% of the total market cap is eth.
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So there are $400+ billion market cap for the other altcoins. This just made bitcoin market cap of $100 billion look smaller. Investing in altcoins yes that good be we should be wary of current market trends.
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Ethereum (ETH) hits a new low in 2018
One week review of cryptocurrency market:
The total market value of cryptocurrency was US$212.3 billion, down 1.1% from the previous week, and the volume of the top 100 currencies increased by 1.7% on the 7th.
Weekly outlook:
August 20th: Ethereum Classic (etc coin (https://citicoins.com/ethereum-classic) ) on Bittrex
August 21: The US Senate's Energy and Nature Committee announces the "blockchain and related technology energy efficiency" meeting.
Analysis this week:
Ethereum exchange (https://citicoins.com/ethereum/markets) to btc fell to a new low of 0.042 bitcoin (BTC) in 2018 this week.
The drop in the price of ETH has a lot to do with the cash withdrawal of the ICO project side. As shown in this week's ethereum price chart (https://citicoins.com/ethereum/charts), the price of ETH has fluctuated higher than BTC in the last two weeks. Moreover, affected by the bear market, ICO project parties have used ETH exchange to BTC or French currency for stop loss. We believe that the decline in ETH prices is related to the development of ICO project. In the second quarter of 2018, as many as 57% of ICO projects remained in the concept at the beginning of the financing period. Compared with the projects in the testing phase or the formal development phase, the project parties that remain in the concept phase have less development resources and lower exit costs.
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Cryptocurrency market analysis - The total market value of the cryptocurrency market cap has shrunk
According to Citicoins statistics, since 2018, bitcoin prices (https://citicoins.com/bitcoin/charts) have fallen from nearly $20,000 to the current price of $6,700, and the market value has evaporated by $200 billion. In addition to Bitcoin, the main cryptocurrency of Ethereum and Litecoin has also suffered heavy losses. The total market value of the global cryptocurrency market has evaporated by $600 billion this year.
The highest price of Bitcoin has dropped from nearly 20,000 US dollars to the current 6,000 US dollars, of which Ethereum and Litecoin are even worse. The Litecoin price (https://citicoins.com/litecoin/charts) has fallen from the highest price of 1,248 US dollars to 138.08 US dollars, shrinking 89%. That is to say, $10 billion is entering the market, but there are now has about $1.1 billion exit.
Market cap data now:
Bitcoin market cap : $116,192,137,183 USD
Ethereum market cap (https://citicoins.com/ethereum/charts): $28,568,672,472 USD
Litecoin market cap : $3,354,158,344 USD
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Cryptocurrency today market - Bitcoin active address has decreased, transaction volume has exceeded PayPal
Quotes | Bitcoin active address has decreased for five consecutive weeks
The Huobi Weekly shows that the number of active Bitcoin addresses dropped from 3.33 million to 3.28 million this week, which has been reduced for five consecutive weeks: the number of new addresses and the previous week was 1.31 million; the number of reactivated addresses was 1.41 million, compared with last week, decreased by 30,000. This week, Bitcoin has 7 large transfers, totaling 93936 BTC, and the number of large transfers from 10,000 to 10,000 BTC dropped from 654 to 533 last week; this week, the number of active addresses in Ethereum increased by 1.4%. 13.19 million rose to 1.337 million. The number of EOS coin (https://citicoins.com/eos) transactions this week was 40.56 million, down 23.61% from last week.
Dynamic | BTC annual transaction volume has exceeded PayPal and is expected to surpass Visa in 2022
According to the Bitcoin Exchange (https://citicoins.com/bitcoin/markets) Guide, a recent report by Citicoins shows that BTC's annual transaction volume has exceeded PayPal. If the value of BTC transactions continues the current trend, it is likely to surpass Visa in 2022. It is reported that the report was proposed by AKS Invest's cryptoassets analyst Yassine Elmandjra. Yassine Elmandjra compares BTC's annual trading volume with different credit card companies such as Visa, UnionPay, MasterCard, Discover and PayPal.
Price | cryptocurrency price today show
Bitcoin price : $6,723.92
EOS coin price: $5.16
Ethereum price (https://citicoins.com/ethereum/charts): $278.90
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Bitcoin will lose some space with time.
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Cryptocurrency plummeted? But BCH is rising?
The collapse of digital currency in 2018 is a normal thing. The overall digital currency market (https://citicoins.com) value of last year has increased by several times, but the acceptance of blockchain projects, including the number of users, has increased by dozens of times? No. The bubbles that are blown up by speculation and will naturally break. But it's also a good thing. As more projects sink into their hearts, it means more opportunities in the future. The current blockchain market valuation can not be supported by user adoption, so as speculators enter the market, the price can not be supported, and finally lead to price collapse.
Good news is according to citicoins statistics, in the past 24 hours, Bitcoin cash price (https://citicoins.com/bitcoin-cash/price) rose, the BCH market cap (https://citicoins.com/bitcoin-cash/markets) rebounded to $9,614,135,418 US dollars, indicating that the mainstream currency rose, the market sentiment continued to recover. Although the mainstream currency led by BCH has broken through the medium-term shock zone, although it has already opened up the upside, the main driving force of the current rise is more speculative behavior, and the short-term need to pay attention to the risk of withdrawal.
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Citicoins 24-hour market report: BTC fell below 7,000 US dollars
BTC continued to fluctuate sideways around $7050 today and fell below $7,000 at 23:00 today. BTC is now offering $6950.38, a decrease of 0.42%.
1.The market value of the first hundred cryptocurrencies increased more or less, the mainstream currency rose more or less. Among them: BCH (+0.42%), ETH (-0.07%), ETC coin (https://citicoins.com/ethereum-classic/) (+0.90%), LTC (-0.60%), EOS (+10.98%), TRON coin price (https://citicoins.com/tron/charts) (TRX) (-4.24%),
2. The total market value of the global digital currency market is currently reported at US$229.848 billion, up by 0.003% year-on-year; the 24h trading volume was US$13.375 billion, up 0.023% year-on-year.
3. The top three cryptocurrencies of the market cap that rise: NOAH (+87.40%), MANA (+14.51%), ETP (+12.31%); the top three currencies of the market value decline: SUB (-11.11%), WAN ( -9.81%), Ethos coin price (https://citicoins.com/ethos/charts) (-8.98%),
4. The first five currencies of net inflow of 24 hours: EOS (+38.742 million US dollars), LTC (+211.814 million US dollars), DASH (+172.15 million US dollars), BTC (+1141.13 million US dollars), XRP (+106.87 million US dollars) The first five currencies of 24 hours of capital outflow: ETH ($5,784.6 thousand), ONT (-$103,460), HT (-$80,900), ICX (-$689,400), AE ($623,000) .
5.24 hours of fire coins global station net outflow of 8.333 million US dollars, OKEx net inflow of 6.924 million US dollars, the currency net inflow of 89.48 million US dollars.
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Litecoin founder: The short-term decline of cryptocurrency can't explain anything, long-term valuation is the measure of value
Lee Kewei, the founder of Litecoin, accepted an interview in CNBC against the practice of focusing on the short-term price trend of encrypted digital currencies, saying that it was speculation. And said that he has no plans to buy Litecoin (https://citicoins.com/litecoin/markets) (LTC) in the short term, or even not at all. He sold all the LTCs in his hands nine months ago.
The host asked, Litecoin value (https://citicoins.com/litecoin/charts) is about $60. Does this represent a buying opportunity? He replied that bargain hunting is a good strategy, but only if you can do what you can, and the funds you spend should be within the acceptable range. Lee has said that investors should hold at least one bitcoin while choosing to buy other cryptocurrencies.
He emphasized that long-term valuation is the true measure of the success of digital currency. Lee Kewei said that in the long run, the price will tell us the success of the digital currency, and the short-term price actually does not reveal anything. For example, there are many references to Bitcoin coin (https://citicoins.com/bitcoin) and Litecoin this year, but their prices have fallen by 60%-70%. Because of the large fluctuations, this is entirely speculation during this time, but future prices will show that these digital currencies are successful.
There are still many people who support Litecoin ltc (https://citicoins.com/litecoin), such as Blockstream CSO. He said on Twitter that Litecoin is the only safe long-term investment opportunity besides Bitcoin.
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Cryptocurrency market: BTC around 7280 US dollars
BTC price (https://citicoins.com/bitcoin/charts) fell slightly after breaking through $7,300 and is now sideways around $7,280. BTC is currently reporting price at $7,278.25, an increase of 0.87%, and the mainstream currencies are generally up.
1. The cryptocurerncy market cap was 237.296 billion US dollars, and the 24h transaction was 13.006 billion US dollars.
2. BTC has an average global price of $7,273. Among the three major exchanges, the price on the Coin Pro is $7,824, the price on the OKEx is $7,282, and the price on the Binance is $7,279.
3. According to the "Currency World" market, other mainstream currencies are as follows: BCH coin price (https://citicoins.com/bitcoin-cash/charts) temporarily reported at $645.91 (+2.53%), ETC price (https://citicoins.com/ethereum-classic/charts) temporarily reported $13.31 (+1.13%), ETH temporarily reported $293.73 (+0.68%), LTC The interim report was US$66.08 (+2.14%) and EOS was temporarily reported at US$6.58 (+2.07%).
4. According to the 24-hour market of "Currency World", the market value of the top 100 currencies rose more and more. The top three gains were DROP (+14.26%), SYS (+5.90%), and SVG (+5.67%). The top three declines were DOGE (-20.98%), reddcoin price (https://citicoins.com/reddcoin/charts)(-10.94%), and HC (-7.79%).
5. The top three gains in the concept sector within 24 hours are bank card (+3.02%), agricultural planting (+2.87%), and artificial intelligence (+1.96%). The top three declines were for hardware and mining machines (-11.45%), public welfare (-4.78%), and mission crowdsourcing (-3.67%).
6. The Cboe Bitcoin September contract is now quoted at $7,295, and the CME Bitcoin September contract is now at $7,285.
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Cryptocurrency price analysis, digital currency market report, BTC stabilized
Markets | Digital currency quotes
According to Bitfinex trading platform data, BTC latest transaction price of 6,431.30 US dollars, the highest price of 6,549.50 US dollars, the lowest price of 6,322.80 US dollars, the volume of 19,400, an increase of 0.88%; ETH price (https://citicoins.com/ethereum/charts): latest transaction price of 216.85 US dollars, the highest price 231.50 US dollars, the lowest price of 213.16 US dollars, the volume of 296,300, an increase of 0.5%; EOS price (https://citicoins.com/eos/charts): latest transaction price of 5.06 US dollars, the highest price of 5.30 US dollars, the lowest price of 4.91 US dollars, the volume of 8,347,800, an increase of 1.21%.
Quotes | 24-hour net inflow of DASH ranked first
According to Citicoins (https://citicoins.com) data, the 24-hour net inflows ranked first in DASH, with a net inflow of 1.057 billion yuan; USDT ranked second with a net inflow of 151 million yuan; TRX ranked third with a net inflow of 139 million yuan; LTC rankings Fourth, the net inflow of funds was 92.75 million yuan; the GTO ranked fifth, and the net inflow was 73.87 million yuan.
Analysis | TokenInsight: BTC fundamentals are stable but difficult to break through in the short term
According to Citicoins data, the TI index reflecting the overall performance of the blockchain industry reported 582.12 points at 9:00 on September 8th, down 10.46 points or 1.77% from the same period of last year. The general platform index TIG reported 405.33 points, down 7.65 points or 1.85% from the same period of last year. According to monitoring, the popularity of BTC price dropped slightly to 0.0777% (0.1%, 0.079% last week) compared with the same period of last week. The flow rate fluctuated within a narrow range, down 3.3% from yesterday. After the transfer reached a new high of half a year, a slight correction, down 7.9% to 222,000 from the same period last week. BCtrend analyst Jeffrey believes that the BTC fundamentals have stabilized, but the expected second-line pass is still shrinking, and the funds still have a tendency to embrace BTC. In technical analysis, independent analyst Tommy Albert believes that BTC price (https://citicoins.com/bitcoin/charts) is sorting around $6,400 and is expected to break through $6,600 in the short-term. As the 5-day moving average moves down, a new round of decline may start in the near future.
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Digital currency related Twitter accounts are sold for millions of dollars
According to Bitcoinnews, Crypto_Bitlord, a digital currency-related Twitter account with 82,000 fans, said he was asked to sell his account for 657 bitcoins (about $4.7 million). The account owner claims that he is now the fifth account to sell digital currency-related Twitter.