We can't blame Bitcoin for the negative trend it has undergone in recent weeks because the crypto market is currently being rocked by volatility. Volatility in the crypto market is the phenomenon used to describe the unpredictable fast movements of assets in the market. Considering the coronavirus pandemic, it has further deepened the volatility of the digital asset.submitted by Bit2buzz to CryptoCurrencyTrading [link] [comments]
Bitcoin needs to break out of $10,000 resistance to make a surgeLooking briefly at the buying and selling pressure indicator, the crypto index is being said to be stuck in a negative zone and currently heads away from the 400 level that acts as its point of resistance. After trying on numerous occasions to break past its resistance $10,000 resistance level, Bitcoin needs to be able to break past the level to be able to make a bearish move in the market. One of the major factors affecting Bitcoin is the sell-off that happened on March 12 after it witnessed a price reduction by half. Dubbed as the Black Thursday, Bitcoin went from a little bit over $7,000 to sell at around $3,000.
Talking about the recent disappointing performance of the coin, investor and analyst at Panda, Edward Moya said;
“Bitcoin continues to consolidate in what many crypto fans are calling the typical accumulation phase that occurs after a halving event. The coin has struggled “despite an overall resilient appetite for risky assets."Moya further noted that if this trend continues, it would force most small scale miners out of the Bitcoin network as they would not be able to make a profit as a result of the halving of the rewards.
Bitcoin is not a currency, Prof Steve Hanke warnsReacting to the recent disappointing performance by Bitcoin in the crypto market, Prof Steve Hanke noted on Twitter that Bitcoin should not be confused as a means of legal tender because it is very speculative in nature.
This is not the first time an influential figure is criticizing Bitcoin, as far back as 2019, Economist Nouriel Roubini said that he would gladly take the dollar over Bitcoin because he does not believe that it is a real store of value. Giving his take on Bitcoin, the Economist said,
"Maybe Bitcoin is a partial store of value but it’s not a unit of account, it’s not a means of payment, it’s not scalable [...] despite its rally earlier this year, it’s lost 60% in value since its peak, so I don’t see it going anywhere frankly."Buttressing the point of Roubini, Billionaire, Warren buffet claims that Bitcoin is an illusion because it holds no real store of value.
“If you do something phony by going out and selling yo-yos or something, there’s no money in it — but when you get into Wall Street, there’s huge money," the billionaire said.Conclusively, most people believe that Bitcoin is a good venture, while others have a not so good perspective of the leading cryptocurrency. If Bitcoin continues on this spree and does not experience a major breakout soon enough, most traders would be forced to look elsewhere which is not a good thing for the venture. In the long term, Bitcoin could still make the surge but, in the short run, nothing is sure as of now.
submitted by tokenclubtct to u/tokenclubtct [link] [comments]
Hello everyone, thank you for your continued interest and support. In the past two weeks, various tasks of TokenClub have been progressing steadily. The product development and community operation progress this week are as follows:
1. TokenClub Events
1)TokenClub & 499Block reached strategic cooperation in live broadcasting
On May 28th, TokenClub and 499Block reached a strategic cooperation to jointly build a live broadcast ecosystem in the vertical field of blockchain.
When 520 comes, TokenClub launches live interactive interaction. During the event, participate in interactive questions in the live broadcast room or forward the live poster to Twitter and the telegram group, and upload a screenshot to have the opportunity to extract 520, 1314 red envelope rewards
3)Text version of live content is abailable on Medium
In order to better understand the live broadcast of TokenClub by overseas communities, we translated the live broadcast content into English and uploaded it to TokenClub’s Medium official account, so that the community’s small partners can view it.
4)Preview: TokenClub’s self-media grandma is invited to participate in the golden financial theme live event
From May 29th to June 4th, Golden Finance will hold a five-day live broadcast of the theme of “Finding Double Coins”. Grandpa Coin will express his views on June 3, welcome to pay attention.
Recently, Binance Co-founder He Yi, TRON founder Sun Yuchen, Hobbit HBTC founder Ju Jianhua, OSL chairman Dave, BlockVC founding partner Xu Yingkai, Outlier Ventures founder amie Burke, Bitribe founder SKY, CryptoBriefing CEO Han Kao , Huarai Group / Vice President, Global Market and Business Leader Ciara, Guosheng Securities Blockchain Research Institute Sun Shuang, Tongtongtong Research Institute CEO Song Shuangjie, Jin Tiancheng Law Firm Senior Partner Yu Bingguang, Binance China Jiang Jinze, principal researcher of Blockchain Research Institute, Meng Yan, vice president of Digital Asset Research Institute, co-founder of Primitive Ventures & director of Coindesk advisory board-Dovey Wan, founding partner of Genesis Capital & co-founder of Kushen Wallet Ocean Liao Yangyang, Binance C2C-Kathy, Binance OTC-Coco, Binance Contract & Options-Justin, Binance VIP-Jennifer, Binance Broker-Jess, Binance Mining Pool-Denny, Harbin Institute of Technology Blockchain Research Executive Deputy Director Xu Zhifeng, dForce founder Yang Mindao, Mars Finance co-founder Shang Silin, Cobo & Yuchi co-founder Shenyu, well-known investor Xu Zhe, CasperLabs CEO Mrinal Manohar, CasperLabs co-founder Scott Walker, Chairman of Rock Tree Omer Ozden, Nova Club incubation team leader & Waterdrop Capital partner Zheng Yushan, Rolling Stone miner founder Alex Lam, BitUniverse coin founder Chen Yong, Odaily Planet Daily founder and CEO Mandy Wang Mengdie, Binance stablecoin BUSD project responsible Helen Tu and senior expert of TokenClub blockchain and cryptocurrency investment strategy-Zao Shen talks with you about blockchain things ~
On May 18, Block 101 Binance Key Account Manager Luna talked to Primitive Ventures co-founder, non-profit bitcoin development fund Hardcore Fund executive director, and Coindesk advisory board director-Dovey Wan, to understand “C and C How is the Goddess of Crypto Assets made? “Dovey Wan shared with us on asset allocation, investment judgment, entrepreneurship, DCEP, etc.
On May 19, Block 101 Yingge talked with Sun Zeyu, the founding partner of Genesis Capital and co-founder of Kushen Wallet, to share the theme of “Blockchain Investment Experience”. This investor, who is rated as “reliable” by insiders, recommends that novices try not to touch contracts, do not stay overnight even when making contracts, be alert to risks, refuse gambling, and rationally analyze investments.
On May 20th, 499Block ’s two-year birthday carnival “Global Hot Chain, Keeping Together for Every Year” celebration was held in the TokenClub Live Room. The cross-border AMA Solitaire + popular day group anchor live video sharing, including Binance Co-founder He Yi, TRON founder Sun Yuchen, Hobbit HBTC founder Ju Jianhua, OSL chairman Dave, BlockVC founding partner Xu Yingkai, Outlier Ventures founder amie Burke, Bitribe founder SKY, CryptoBriefing CEO Han Kao, Huobi Group / Vice President Global Markets and Dozens of blockchain leaders from home and abroad, such as Ciara, the business leader, all appeared on the scene, and 499Block became a popular beauty angel group to help the interactive host.
On May 20, Sun Shuang, senior researcher of Guosheng Securities Blockchain Research Institute, Song Shuangjie, Jin Tong, CEO of Tongzhengtong Research Institute were jointly invited by Lingang Xinyefang, Lingang Innovation Management School, and Binance China Blockchain Research Institute. Tian Bingguang Senior Partner Yu Bingguang, Binance China Blockchain Research Institute Chief Researcher Jiang Jinze, Vice President of Digital Assets Research Institute Meng Yan, and many experts talked about the “Critical Digital RMB DCEP” in the live broadcast, one A feast of intertwined thoughts is worth watching again!
On May 21st, Ocean Liao Yangyang, the founder of Block 101 Seven Seven Dialogue Force Field, focused on the “big enlightenment era of digital assets”, Ocean shared with us his entrepreneurial experience, the first pot of gold, public chain, currency circle and Analysis of the current market. Regarding the future of Bitcoin, Ocean feels that he can work hard towards the direction of digital gold and become a substitute or supplement for gold. He is determined to see more, because the ceiling of the entire industry is very high, and he still cannot see its end point. The index level is rising, far from being over.
On May 22, “In the name of the Pizza Festival, we came to a different live broadcast” Bringing Goods “”, which was organized by the girls in the 101-day group of the block: June 6, July 7, Sisi, Yingge, Qianjiangyue , Dialogue: Binance First Sister, Binance C2C-Kathy, Binance OTC-Coco, Binance Contract & Options-Justin, Binance VIP-Jennifer, Binance Broker-Jess, Binance Mining Pool-Denny. We have explained to us one by one about C2C, OTC, contract options, etc. If you are interested, please move to the live room.
On May 22, Block 101 Sisi Dialogue Xu Zhifeng, executive deputy director of the Blockchain Research Center of Harbin Institute of Technology, shared the theme: “Strategy of Great Powers: Seizing New Highlands of Blockchain Technology”. He expressed his views on his own currency circle experience, entrepreneurship, blockchain technology, DECP, etc. Xu Zhifeng is very optimistic about the future development of blockchain. He said: “Ten years later, blockchain will become a very common industry. We are the Internet industry and have never changed.”
On May 23, the old Chinese doctor Zao Shen from the coin circle went online ~ The theme of this issue: If you want to be short, you must be able to sing first, and if you want to be long, you must be patient. If the meal is not fragrant, the game is not good, and the happiness of the past has drifted into the distance, just because the daily reading is still a loss, and the head is hurt. Don’t panic, the old Chinese doctor Zao Shen of the currency circle will adopt the Trinity Interventional Therapy and precise care to regenerate life. Don’t move quickly to the live room to see what “therapy” is.
On May 25, Block 101, July 7th conversation with dForce founder Yang Mindao, talked about “DeFi opportunities and challenges.” Yang Mindao believes that the four biggest benefits of DeFi are: programmability; non-custodial nature; non-licensing; composability. He believes that the current public chain market is seriously homogenized, and the most promising public chain is Ethereum. Ethereum is the best and largest in terms of developer group, ecology, and technological evolution, and can absorb the advantages of each public chain. At the same time, he is also extremely optimistic about DeFi, “DeFi application value is gradually verified, and the value of this type of token will gradually become more prominent.”
On May 26th, Mars Finance co-founder Shang Silin Hardcore Dialogue Cobo & Yuchi co-founder Shenyu and well-known investor Xu Zhe. The trend of “financialization” in the digital asset industry is becoming more and more obvious, and the friends of miners need to master more and more skills. Unveiling the mystery of hedging for everyone.
On May 26th, Nova Superstar Dialogue Phase 13 focused on the Silicon Valley star project CasperLabs, specially invited CasperLabs CEO Mrinal Manohar, CasperLabs co-founder Scott Walker, Rock Tree chairman Omer Ozden, and Nova Club incubation team leader Water Capital Partners Zheng Yushan, discuss CasperLbs together.
On May 26, Block 101 Sisi talked with the founder of the Rolling Stone Miner, Alex Lam, and took us into the “post-worker life” of a PhD in finance. Alex shared the reasons for entering the coin circle, the first pot of gold, mining, pitted pits, investment experience and opportunities in the digital currency industry. Alex said: Bitcoin exceeds US $ 100,000, and it will be in the second half of next year or the year after.
On May 27th, Block 101 Yingge talked with BitUniverse founder Chen Yong and shared the theme: “Who” needs grid trading. Chen Yong mainly introduced the currency trading tool of Bitcoin. In his view, grid trading has changed an investor’s concept-from stud into a batch of positions and positions. Regarding the price of Bitcoin, Chen Yong believes that the price of Bitcoin may reach one hundred thousand dollars around 2030.
On May 28, Block 101 Binance Mining Pool Wu Di talked to Mandai Wang Mengdie, founder of Planet Daily Odaily, to learn more about the process of “media entrepreneurs marching into the blockchain from venture capital circles”. Mandy believes that the core competence in the media industry is high-quality original content, which is the most basic but difficult to stick to. The initial focus of entering the mixed media industry of the dragon and dragon is to focus and amplify value.
On May 29th, Block 101 Qianjiangyue Dialogue Hellen Tu, the project leader of Binance Stablecoin BUSD project, talked with everyone about the stablecoin “Life and Death”, Hellen shared the stablecoin in detail, and published his own the opinion of. For details, please move to the live room.
On May 30th, Zaoshen came to share the theme: Dongfeng blowing, bullets flying, unlimited chase? In this issue, Zao Shen shared with you the recent international financial situation and various major events in the United States in the past week, which extended to the impact on the currency circle and answered various questions about investment strategies. Friends who want to know more details can move to the live room of Zao Shen.
3.TokenClub operation data
-Live data: 13 live broadcasts in the past two weeks, with over 800,000 views. TokenClub hosted a total of 870 live broadcasts with a total of 45.06 million views.
-Binary trade data: In the past two weeks, guess the rise and fall to participate in a total of 1268 times, the amount of participation exceeded 2 million TCT. At present, it is guessed that the rise and fall function has participated in a total of 1.11 million times, with a cumulative participation amount of 498 million TCT.
-Chat data: In the past two weeks, a total of 19271 messages have been generated. A total of 4.85 milliom messages have been launched since the function was launched.
-Mini-game data: The mini-game has participated in a total of 4212 times in the past two weeks. A total of 1,66 million self-functions have been online.
-Cut leeks game data together: Since the game was launched, the total number of user participation in the game was 962612 TCT total consumption was 6,27 million gift certificate total consumption was 15,95million and TCT mining output was 161496.
-TokenClub KOL data: Over the past two weeks, the total reading volume of the BTCGrandpa article has been viewed by more than 300,000 people.
-Social media data: At present, the number of Weibo official accounts is 18033 and the number of Twitter followers is 1332 and we have opened the official Medium account this week, welcome to follow.
-Telegram official group data: In the past 2 weeks, there were 238 chats in the group, and the total number of Telegram official groups is currently 2906.
-Medium data: Medium official account u/TokenClub has published 5 excellent articles, official announcements and updates are published in English, welcome to follow.
TokenClub held an event for forwarding Twitter and telegram group chats for overseas users. Bitcoin halved in less than two weeks, overseas users are more active in the telegram group, and some friends are more concerned about Binance Block 101 live broadcast, aggregation exchange, TCT usage and other issues, the administrator responded in time.On May 12th, when Bitcoin was halved, TokenClub organized a forwarding Twitter, telegram group chat prize event and participating in a live question asking interactive prize event for overseas users. There are many live broadcast events in the near future. The live broadcast poster information will be released to overseas users as soon as possible. The follow-up TokenClub will translate and broadcast high-quality live broadcast content to Twitter and Medium. Bitcoin halved, overseas users are more active in the telegram group, and some partners are more concerned about block 101 live broadcast, bitcoin future price trend, TCT usage and other issues, the administrator responded in time in the group.
Sweet Orange Club Weekly News
Last Friday, a holiday, the community opened the red envelope rain event, and brought a sincere gift to everyone while relaxing in the holiday. At the same time, it also sent the most sincere blessings to all mothers in the community on Mother’s Day. Thank you for your long-term support and help to the Orange Club community.
Hundred-day scheduled investment event (Phase II)
The fourth week of the second 100-day fixed investment plan held this week has been awarded, and everyone is still very active in this event. This week, the Bitcoin halving market was also opened in advance. The small partners participating in the fixed investment should now have a certain floating win, so we adopt the correct cycle investment strategy to believe that it can bring unexpected benefits to everyone.
Sign in the lottery.
On the evening of May 3rd and May 10th, TCT Fortune Free Academy carried out the 51st and 52nd week sign-in sweepstakes, and rewarded the small TCT partners who had always insisted on signing in. In these two sign-in sweepstakes, the lucky friends received 20–180TCT as a reward. In addition, during the lucky draw, the college friends also actively expressed their opinions on the topic of this year’s bull market.
The Leek Paradise Community Conference will continue as usual every Sunday at 20:00. During the conference, members will discuss recent hot topics, including gifts and blessings for Mother ’s Day, and the halving of Bitcoin everyone is paying attention to. At the end, the friends in the group also showed a rare enthusiasm at the first sight. It seems that the market still affects the mood. The members routinely started a red envelope rain to cheer for the participating partners and encourage everyone to maintain patience and confidence. Of course, at the same time, we are encouraging ourselves to see the community meeting next week. Come on!
TokenClub volunteer community, sign in red envelopes every day, as long as you sign in every day, you can get good benefits, friends join us quickly! In the past two weeks, the community has conducted active partners.
Volunteer community: Change to the currency circle consultation and pass the analysis of Grandma Coin and Panda analysts, support TokenClub in action, and continue to vote for TCT. In the last month, we have worked hard to learn the rain god’s strategy. We have doubled the coins in our hands. The community WeChat group has recently injected fresh students. We look forward to more people joining! Volunteer community, will continue to work hard for TokenClub
TCT has been listed on Binance、Okex、Gate.io、ZB-M、MXC、Biki、Coinex、BigOne、Coinbene、Cybex、SWFT、Loopring、Rootrex etc.
TokenClub website: www.tokenclub.com
I kindly ask all members of the community to join the fight against 2x. We must do whatever it takes to make sure the hardfork is safe.I sent Coinbase this message:
Please contact the NYA signatories and ask them to either demand 2x is made safe or abandon it:
Let them know that as implemented, 2x is dangerous and that is not what they signed up for. If these companies want to fork away, that is fine, but they should do it in a safe way that respects those who choose not to follow them. Let the NYA signatories know that the person who proposed the idea, cited in the NYA, supports making the hardfork safe (https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-June/000010.html), but the developer irresponsibly team refuses to do so.
- bitFlyer - https://bitflyer.jp/en/contactpage
- ANX - https://anxintl.com/contact-us/
- Bitfury - http://bitfury.com/contacts
- BitPay - https://help.bitpay.com/requestHelp
- Blockchain.info - https://support.blockchain.com/hc/en-us
- BTCC - https://www.btcc.com/contact
- Coinbase -https://support.coinbase.com/customeportal/emails/new
- ShapeShift - https://shapeshift.zendesk.com/hc/en-us/requests/new
The NYA signatories are under no obligation to support a dangerous hardfork and instead should demand a safe one.
Hello, please forward this customer request and the article below (link) to the appropriate departments: If Coinbase continues supporting S2X (New York Agreement) we would be closing our Coinbase accounts and transfer all the funds out before the end of October. Thanks.Edit: Added this new post by Bitcoin_Bug:
"Segwit2X: the broken agreement" https://medium.com/@WhalePanda/segwit2x-the-broken-agreement-e9035a453c05
Now we finally know why miners have been blocking segwit and why they are pushing Segwit2X, BU, etc:Great advice by jimmajamma:
"Segwit2X is about the miners getting rid of the Core developers...Jihan has told me this himself." says Chris Kleeschulte from Bitpayhttps://youtu.be/0_gyBnzyTTg?t=1h27m25s
EDIT: They removed the youtube video, but the audio for this Podcast is still available here at time index 1:27:22: https://soundcloud.com/blocktime/blocktime-episode-9-segwit-80-percent-and-the-assorted-bag-hodlers#t=1:27:22
EDIT 2: Clip removed from soundcloud now too. Bitmain or Bitpay or someone really wants to keep you from hearing this clip. It can now be found here: https://clyp.it/q2rotlpm
** EDIT 3: Apparently this post was responsible for Chris Kleeschulte no longer being allowed to participate in the Block Time podcast, which is unfortunate. The podcast issued this official statement "Due to recent notoriety we have received, (mainly being on top of reddit for five hours), we won't be able to have Chris on the podcast until further notice, this was entirely Chris' fault for saying stupid things and he is sorry, and he sincerely apologizes to anyone affected."
Clip removed from soundcloud now too. Bitmain or Bitpay or someone really wants to keep you from hearing this clip. It can now be found here:https://clyp.it/q2rotlpm
Also, run a 0.15.0+ node since it rejects SegWit2x blocks. Earlier versions will relay messages from SegWit2x nodes.
Pandaminer Mining Review now accept Bitcoin and CNY bank transfer within China. All of the machines are priced by US Dollars, which will be converted into real-time Bitcoin prices for purchase. Confirm Payment. For Bitcoin, it requires 6 confirmations for us to receive the payment. For bank transfer, they need you to submit the following ... Category: Panda Miner. Description Payment Warranty Description PandaMiner B9 Notes. The price of PandaMiner B9 includes a power supply unit and shipping cost. Refund or return is not available except out of stock. Hosting service is available for this batch. Shipping: Now Shipping. Specifications. Hash Rate: 330MH/s（ETH) ±5％ Power. Consumption: 950W +10% (ETH) Voltage: 220 V: GPU Amount ... Bitcoin Miner bündeln mit spezieller Software angeforderte Transaktionen in Blöcke und überprüfen anhand einer komplexen mathematischen Rechnung, ob diese Transaktionen dem Protokoll entsprechen. Der erste Miner, der die Rechnung löst und den Block validiert, veröffentlicht das im Netzwerk. Ein Blockchain-Netzwerk ist umso stabiler und weniger anfällig für Attacken, je mehr Miner es gi Ein Bitcoin Miner benötigt, genauso wie ein Goldgräber, zwei Dinge: Ausrüstung und Energie. Anstelle von Spitzhacken und Schaufeln wird beim “Abbau” von Kryptowährungen allerdings Rechenleistung als “Ausrüstung” verwendet. Miner sind Computerbesitzer, die dem Netzwerk einer Kryptowährung, die auf einem “Proof-of-Work” Protokoll basiert, die Rechenleistung ihrer Computer zur ... The company started selling 12nm Bitcoin ASIC mining rigs in Q4 2018 and currently offers the PandaMiner P3 model. For purchasers of PandaMiner hardware, hosting services are also an option. The hardware can be delivered directly to farms owned by the company and mine at an electricity rate of 0.45 RMB per kWh (roughly $0.064).
[index]          
PANDA MINING & Oxbtc SCAMMERS https://t.me/PandaMiners_Scam www.pandaminer.com review please don't buy panda miner machine they are scammers and not returnin... Buy A 5700 XT For Mining Now? - https://geni.us/Xngdf Or A Non XT Which Can Be Flashed To An XT? - https://geni.us/OenGI Download Claymore Miner v15.0 Here -... Canaan is one of the top Bitcoin miner manufacturers, in the world! Canaan and their AvalonMiner's are very popular and profitable for Bitcoin mining farms h... Parts Used In This Video: The GPUs: https://geni.us/a1ij2Vx Corsair 450w ATX PSU: https://geni.us/TodEZD The Best Mining Motherboard: https://geni.us/tAHmm I... Red Panda Mining 3,629 views. 19:02. 5700 XT Hashrate UPDATE! with More Power Tool & Phoenix Miner 4.9c! - Duration: 13:23. Red Panda Mining 932 views. New; 13:23. HASHRATE of the 8 x 480 8GB ...