Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS1.14%
Net Worth
0.343USD
STEEM
0.692STEEM
SBD
0.000SBD
Own SP
5.654SP

Detailed Balance

STEEM
balance
0.692STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
5.654SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
5.654SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.692 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "9207.629073 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "sbd_balance": "0.000 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

nameamplegeologist
id1253035
rank212,704
reputation12953317269192
created2019-04-08T15:41:12
recovery_accountsteemhunt
proxyuyobong
post_count306
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2021-10-23T18:40:06
last_root_post2021-10-23T18:40:06
last_vote_time2021-06-25T16:24:00
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power0
delayed_votes0
balance0.692 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares9207.629073 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn334803552908
to_withdraw334803552908
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update2020-06-02T07:16:51
minedNo
sbd_seconds2,852,757
sbd_last_interest_payment2021-10-30T19:23:57
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM6P8BbNa4WNfnUqYpYLZ41w8V5bSjVsP6nn6GMp8Z6AjF7jXTHE",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.692 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2019-04-08T15:41:12",
  "curation_rewards": 8,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": "104726266436",
    "last_update_time": 1635622422
  },
  "guest_bloggers": [],
  "id": 1253035,
  "json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmYojP4Keo7ZaBiXpEfyUdB1PMvR53zdvyTN3DjsFbjEJr/sif.jpeg\"}}",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "2020-06-02T07:16:51",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_post": "2021-10-23T18:40:06",
  "last_root_post": "2021-10-23T18:40:06",
  "last_vote_time": "2021-06-25T16:24:00",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM8Y4BRxmYiTKgPgVH6XLhvFX4Js6wfieFWTVph9rRjfiFnrauff",
  "mined": false,
  "name": "amplegeologist",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7ZQQ9Gb3M86NHPqgx4GGKjcQQzun18dWfPJnuPVE2UZBQZZg4R",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 0,
  "post_count": 306,
  "post_history": [],
  "posting": {
    "account_auths": [
      [
        "busy.app",
        1
      ],
      [
        "steemhunt.com",
        1
      ],
      [
        "steempeak.app",
        1
      ],
      [
        "steemstem-app",
        1
      ],
      [
        "threespeak",
        1
      ]
    ],
    "key_auths": [
      [
        "STM6NBgJBvDK9HgSZUhau3hXnEuxGVgxFHXWRv64yDQdtrWWBZDMn",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "{\"profile\":{\"profile_image\":\"https://cdn.steemitimages.com/DQmYojP4Keo7ZaBiXpEfyUdB1PMvR53zdvyTN3DjsFbjEJr/sif.jpeg\"}}",
  "posting_rewards": 691770,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "uyobong",
  "received_vesting_shares": "0.000000 VESTS",
  "recovery_account": "steemhunt",
  "reputation": "12953317269192",
  "reset_account": "null",
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "0.000 SBD",
  "sbd_last_interest_payment": "2021-10-30T19:23:57",
  "sbd_seconds": "2852757",
  "sbd_seconds_last_update": "2021-10-30T19:35:48",
  "tags_usage": [],
  "to_withdraw": "334803552908",
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "9207.629073 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": "418905065749",
    "last_update_time": 1635622422
  },
  "voting_power": 0,
  "withdraw_routes": 0,
  "withdrawn": "334803552908",
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 212704
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
ph-supportsent 0.001 STEEM to @amplegeologist
2022/08/16 11:49:21
amount0.001 STEEM
fromph-support
memo
toamplegeologist
Transaction InfoBlock #66852326/Trx 024346fa2e82d0ac290f62115d45f613192b693a
View Raw JSON Data
{
  "block": 66852326,
  "op": [
    "transfer",
    {
      "amount": "0.001 STEEM",
      "from": "ph-support",
      "memo": "",
      "to": "amplegeologist"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-08-16T11:49:21",
  "trx_id": "024346fa2e82d0ac290f62115d45f613192b693a",
  "trx_in_block": 2,
  "virtual_op": 0
}
amplegeologistsent 45.000 STEEM to @utyalban- "p2p"
2022/01/21 16:20:06
amount45.000 STEEM
fromamplegeologist
memop2p
toutyalban
Transaction InfoBlock #60930415/Trx 4891682e17ae60c9f82ea421f95b7a5855e6016e
View Raw JSON Data
{
  "block": 60930415,
  "op": [
    "transfer",
    {
      "amount": "45.000 STEEM",
      "from": "amplegeologist",
      "memo": "p2p",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-21T16:20:06",
  "trx_id": "4891682e17ae60c9f82ea421f95b7a5855e6016e",
  "trx_in_block": 11,
  "virtual_op": 0
}
amplegeologistreceived 45.573 STEEM from power down installment (51.400 SP)
2022/01/20 18:11:27
deposited45.573 STEEM
from accountamplegeologist
to accountamplegeologist
withdrawn83700.888227 VESTS
Transaction InfoBlock #60903986/Virtual Operation #4
View Raw JSON Data
{
  "block": 60903986,
  "op": [
    "fill_vesting_withdraw",
    {
      "deposited": "45.573 STEEM",
      "from_account": "amplegeologist",
      "to_account": "amplegeologist",
      "withdrawn": "83700.888227 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-20T18:11:27",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 4
}
amplegeologistsent 46.000 STEEM to @utyalban- "p2p"
2022/01/14 15:39:45
amount46.000 STEEM
fromamplegeologist
memop2p
toutyalban
Transaction InfoBlock #60729085/Trx 6d23dfd494c1934b10da86a26b614a0b4d39fae0
View Raw JSON Data
{
  "block": 60729085,
  "op": [
    "transfer",
    {
      "amount": "46.000 STEEM",
      "from": "amplegeologist",
      "memo": "p2p",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-14T15:39:45",
  "trx_id": "6d23dfd494c1934b10da86a26b614a0b4d39fae0",
  "trx_in_block": 91,
  "virtual_op": 0
}
amplegeologistreceived 45.545 STEEM from power down installment (51.400 SP)
2022/01/13 18:11:27
deposited45.545 STEEM
from accountamplegeologist
to accountamplegeologist
withdrawn83700.888227 VESTS
Transaction InfoBlock #60703451/Virtual Operation #2
View Raw JSON Data
{
  "block": 60703451,
  "op": [
    "fill_vesting_withdraw",
    {
      "deposited": "45.545 STEEM",
      "from_account": "amplegeologist",
      "to_account": "amplegeologist",
      "withdrawn": "83700.888227 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-13T18:11:27",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 2
}
amplegeologistsent 45.000 STEEM to @utyalban- "p2p"
2022/01/06 18:20:03
amount45.000 STEEM
fromamplegeologist
memop2p
toutyalban
Transaction InfoBlock #60503200/Trx 2055e9c0b20b9f88ab91bb10538ac2dba000a481
View Raw JSON Data
{
  "block": 60503200,
  "op": [
    "transfer",
    {
      "amount": "45.000 STEEM",
      "from": "amplegeologist",
      "memo": "p2p",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-06T18:20:03",
  "trx_id": "2055e9c0b20b9f88ab91bb10538ac2dba000a481",
  "trx_in_block": 36,
  "virtual_op": 0
}
amplegeologistreceived 45.517 STEEM from power down installment (51.400 SP)
2022/01/06 18:11:27
deposited45.517 STEEM
from accountamplegeologist
to accountamplegeologist
withdrawn83700.888227 VESTS
Transaction InfoBlock #60503027/Virtual Operation #2
View Raw JSON Data
{
  "block": 60503027,
  "op": [
    "fill_vesting_withdraw",
    {
      "deposited": "45.517 STEEM",
      "from_account": "amplegeologist",
      "to_account": "amplegeologist",
      "withdrawn": "83700.888227 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2022-01-06T18:11:27",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 2
}
amplegeologistsent 50.500 STEEM to @utyalban- "p2p"
2021/12/31 10:49:57
amount50.500 STEEM
fromamplegeologist
memop2p
toutyalban
Transaction InfoBlock #60322443/Trx 679a0340ef0c507acb53d6c5df9de5e634610e05
View Raw JSON Data
{
  "block": 60322443,
  "op": [
    "transfer",
    {
      "amount": "50.500 STEEM",
      "from": "amplegeologist",
      "memo": "p2p",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-31T10:49:57",
  "trx_id": "679a0340ef0c507acb53d6c5df9de5e634610e05",
  "trx_in_block": 9,
  "virtual_op": 0
}
justice4peacesent 4.295 STEEM to @amplegeologist- "p2p"
2021/12/31 10:47:12
amount4.295 STEEM
fromjustice4peace
memop2p
toamplegeologist
Transaction InfoBlock #60322388/Trx e96b603841b22bd566ce6e33b0e37179d6453b48
View Raw JSON Data
{
  "block": 60322388,
  "op": [
    "transfer",
    {
      "amount": "4.295 STEEM",
      "from": "justice4peace",
      "memo": "p2p",
      "to": "amplegeologist"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-31T10:47:12",
  "trx_id": "e96b603841b22bd566ce6e33b0e37179d6453b48",
  "trx_in_block": 13,
  "virtual_op": 0
}
amplegeologistreceived 45.489 STEEM from power down installment (51.400 SP)
2021/12/30 18:11:27
deposited45.489 STEEM
from accountamplegeologist
to accountamplegeologist
withdrawn83700.888227 VESTS
Transaction InfoBlock #60302580/Virtual Operation #4
View Raw JSON Data
{
  "block": 60302580,
  "op": [
    "fill_vesting_withdraw",
    {
      "deposited": "45.489 STEEM",
      "from_account": "amplegeologist",
      "to_account": "amplegeologist",
      "withdrawn": "83700.888227 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-30T18:11:27",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 4
}
amplegeologiststarted power down of 205.598 SP
2021/12/23 18:11:27
accountamplegeologist
vesting shares334803.552908 VESTS
Transaction InfoBlock #60102097/Trx 02d749dc0ab0a5630c7dcb0aa9020a11801ec116
View Raw JSON Data
{
  "block": 60102097,
  "op": [
    "withdraw_vesting",
    {
      "account": "amplegeologist",
      "vesting_shares": "334803.552908 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-23T18:11:27",
  "trx_id": "02d749dc0ab0a5630c7dcb0aa9020a11801ec116",
  "trx_in_block": 0,
  "virtual_op": 0
}
amplegeologistcancelled power down
2021/12/23 18:10:42
accountamplegeologist
vesting shares0.000000 VESTS
Transaction InfoBlock #60102082/Trx 12372d00b6341e69b7d7d5c16b52bfd514aab626
View Raw JSON Data
{
  "block": 60102082,
  "op": [
    "withdraw_vesting",
    {
      "account": "amplegeologist",
      "vesting_shares": "0.000000 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-23T18:10:42",
  "trx_id": "12372d00b6341e69b7d7d5c16b52bfd514aab626",
  "trx_in_block": 7,
  "virtual_op": 0
}
amplegeologistsent 20.000 STEEM to @utyalban- "p2p"
2021/12/23 18:10:21
amount20.000 STEEM
fromamplegeologist
memop2p
toutyalban
Transaction InfoBlock #60102075/Trx 0cc0095a3b6355ed8ddc51a0fee9b982537ec783
View Raw JSON Data
{
  "block": 60102075,
  "op": [
    "transfer",
    {
      "amount": "20.000 STEEM",
      "from": "amplegeologist",
      "memo": "p2p",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-23T18:10:21",
  "trx_id": "0cc0095a3b6355ed8ddc51a0fee9b982537ec783",
  "trx_in_block": 1,
  "virtual_op": 0
}
amplegeologistreceived 20.338 STEEM from power down installment (22.996 SP)
2021/12/23 15:45:24
deposited20.338 STEEM
from accountamplegeologist
to accountamplegeologist
withdrawn37446.941884 VESTS
Transaction InfoBlock #60099192/Virtual Operation #80
View Raw JSON Data
{
  "block": 60099192,
  "op": [
    "fill_vesting_withdraw",
    {
      "deposited": "20.338 STEEM",
      "from_account": "amplegeologist",
      "to_account": "amplegeologist",
      "withdrawn": "37446.941884 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-23T15:45:24",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 80
}
amplegeologistsent 20.000 STEEM to @utyalban- "p2p"
2021/12/16 16:27:27
amount20.000 STEEM
fromamplegeologist
memop2p
toutyalban
Transaction InfoBlock #59899538/Trx b77e72c794f0a39a2c2218b58f0cdf9153b4051b
View Raw JSON Data
{
  "block": 59899538,
  "op": [
    "transfer",
    {
      "amount": "20.000 STEEM",
      "from": "amplegeologist",
      "memo": "p2p",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-16T16:27:27",
  "trx_id": "b77e72c794f0a39a2c2218b58f0cdf9153b4051b",
  "trx_in_block": 10,
  "virtual_op": 0
}
amplegeologistreceived 20.326 STEEM from power down installment (22.996 SP)
2021/12/16 15:45:24
deposited20.326 STEEM
from accountamplegeologist
to accountamplegeologist
withdrawn37446.941884 VESTS
Transaction InfoBlock #59898703/Virtual Operation #2
View Raw JSON Data
{
  "block": 59898703,
  "op": [
    "fill_vesting_withdraw",
    {
      "deposited": "20.326 STEEM",
      "from_account": "amplegeologist",
      "to_account": "amplegeologist",
      "withdrawn": "37446.941884 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-16T15:45:24",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 2
}
amplegeologiststarted power down of 91.983 SP
2021/12/09 15:45:24
accountamplegeologist
vesting shares149787.767534 VESTS
Transaction InfoBlock #59703596/Trx 8c54b7db3dd869728b107ecdd3c010b7c9ff91b9
View Raw JSON Data
{
  "block": 59703596,
  "op": [
    "withdraw_vesting",
    {
      "account": "amplegeologist",
      "vesting_shares": "149787.767534 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-12-09T15:45:24",
  "trx_id": "8c54b7db3dd869728b107ecdd3c010b7c9ff91b9",
  "trx_in_block": 8,
  "virtual_op": 0
}
amplegeologistsent 6.247 SBD to @utyalban
2021/10/30 19:35:48
amount6.247 SBD
fromamplegeologist
memo
toutyalban
Transaction InfoBlock #58569090/Trx 655a54135bf23af68a6e683617b25cc9e3270c7c
View Raw JSON Data
{
  "block": 58569090,
  "op": [
    "transfer",
    {
      "amount": "6.247 SBD",
      "from": "amplegeologist",
      "memo": "",
      "to": "utyalban"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-10-30T19:35:48",
  "trx_id": "655a54135bf23af68a6e683617b25cc9e3270c7c",
  "trx_in_block": 4,
  "virtual_op": 0
}
amplegeologistclaimed reward balance: 2.716 SBD, 5.514 SP
2021/10/30 19:33:42
accountamplegeologist
reward sbd2.716 SBD
reward steem0.000 STEEM
reward vests8978.688375 VESTS
Transaction InfoBlock #58569048/Trx 124d658350977f333b9388a56173666cca511e1e
View Raw JSON Data
{
  "block": 58569048,
  "op": [
    "claim_reward_balance",
    {
      "account": "amplegeologist",
      "reward_sbd": "2.716 SBD",
      "reward_steem": "0.000 STEEM",
      "reward_vests": "8978.688375 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-10-30T19:33:42",
  "trx_id": "124d658350977f333b9388a56173666cca511e1e",
  "trx_in_block": 2,
  "virtual_op": 0
}
evegracesent 3.390 SBD to @amplegeologist
2021/10/30 19:23:57
amount3.390 SBD
fromevegrace
memo
toamplegeologist
Transaction InfoBlock #58568853/Trx 596bc1e5b7f0281da461ac98935c401f4c925b00
View Raw JSON Data
{
  "block": 58568853,
  "op": [
    "transfer",
    {
      "amount": "3.390 SBD",
      "from": "evegrace",
      "memo": "",
      "to": "amplegeologist"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-10-30T19:23:57",
  "trx_id": "596bc1e5b7f0281da461ac98935c401f4c925b00",
  "trx_in_block": 3,
  "virtual_op": 0
}
2021/10/30 18:40:06
authoramplegeologist
permlinkproof-of-keys-steemit-crypto-academy-s4w7-homework-post-for-awesononso
sbd payout1.244 SBD
steem payout0.000 STEEM
vesting payout4112.649272 VESTS
Transaction InfoBlock #58567981/Virtual Operation #5
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2021/10/29 18:41:48
authoramplegeologist
permlinkmeme-tokens-crypto-academy-s4w7-homework-post-for-wahyunahrul
sbd payout1.472 SBD
steem payout0.000 STEEM
vesting payout4866.039103 VESTS
Transaction InfoBlock #58539442/Virtual Operation #35
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2021/10/29 12:05:18
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Transaction InfoBlock #58531568/Trx f68e899371c6523a0206c93871e33e6bd61c1ed3
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2021/10/25 13:23:27
authoramplegeologist
permlinkproof-of-keys-steemit-crypto-academy-s4w7-homework-post-for-awesononso
votersteemcurator02
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Transaction InfoBlock #58418622/Trx 9f7ce8bd1a59913678bce5b48044b0b7d50d60d7
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2021/10/25 12:09:06
authoramplegeologist
permlinkproof-of-keys-steemit-crypto-academy-s4w7-homework-post-for-awesononso
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Transaction InfoBlock #58417141/Trx e37a5392ff5707195a476f47c7594f92c3b55648
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2021/10/25 12:09:03
authorawesononso
bodyHello @amplegeologist, Thank you for taking interest in this class. Your grades are as follows: Criteria|Calculation ------|------ Presentation/Use of Markdowns| 1/2 Compliance with Topic| 1.5/2 Quality of Analysis & Practical Approach| 1/2 Clarity of Language| 1.2/1.5 Originality & Expression| 1.2/1.5 #club5050| 0/1 ***Total***| ***5.9/10*** ![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg) ##### Feedback and Suggestions * You really should work on your arrangement and how you present your images. * You could have done better in questions 2 and 3. ![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg) Thanks again as we anticipate your participation in the next class.
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Transaction InfoBlock #58417140/Trx 7119bb108acf295224a4fbeb07dd688144393a6c
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      "body": "Hello @amplegeologist,\nThank you for taking interest in this class. Your grades are as follows:\n\nCriteria|Calculation\n------|------\nPresentation/Use of Markdowns| 1/2\nCompliance with Topic| 1.5/2\nQuality of Analysis & Practical Approach| 1/2\nClarity of Language| 1.2/1.5\nOriginality & Expression| 1.2/1.5\n#club5050| 0/1\n***Total***| ***5.9/10***\n\n![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg)\n\n##### Feedback and Suggestions\n* You really should work on your arrangement and how you present your images.\n\n* You could have done better in questions 2 and 3.\n\n![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg)\n\nThanks again as we anticipate your participation in the next class.",
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amplegeologistcustom json: notify
2021/10/24 22:19:09
idnotify
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Transaction InfoBlock #58400633/Trx 38226f03f934c9145487613693e959ecc4707628
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2021/10/24 19:58:57
authoramplegeologist
permlinkmeme-tokens-crypto-academy-s4w7-homework-post-for-wahyunahrul
votersteemcurator02
weight500 (5.00%)
Transaction InfoBlock #58397848/Trx c2f91ddcb9824f826f77a6fd39d039662748ba71
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2021/10/24 07:40:00
authoramplegeologist
permlinkmeme-tokens-crypto-academy-s4w7-homework-post-for-wahyunahrul
voterwahyunahrul
weight10000 (100.00%)
Transaction InfoBlock #58383153/Trx 823aa4538f590e1b3ef2768938d360d17e622774
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2021/10/24 07:39:57
authorwahyunahrul
bodyHi @amplegeologist, Thanks for taking my class. Based on the homework that you have made, here are the details of the assessment you get: Assessment Aspect | Score ------- | ------ *Personal opinion on the popular Meme Tokens in 2021* | *0.7/1* *Personal opinion on the type of cryptocurrency Meme Tokens* | *0.6/1* *Choose to invest or trade on Meme Tokens* | *0.8/2* *Analyzing a Meme Token* | *0.8/2* *Conclusion* | *1/1* *Procedures, writing structure and effort* | *0.3/1* *Follows Rules and Guidelines* | *1/1* *#Club5050* | *0/1* ***Total*** | ***5.2/10*** **My Reviews and Suggestions:** * Your explanation on questions number 1 and 2 is still shallow, please try to provide some additional information. * Try to include screenshots of each information you submit so that the information is valid. * The data from the fundamental analysis that you provided in question number 4 is still lacking, please try to provide other data to prove that the Meme Token of your choice is good. From what I see you only show the charts and prices of Meme Tokens, it's still not enough for fundamental analysis. * Put the image in the center of the page for a more professional look. <center>![Screenshot_2.png](https://cdn.steemitimages.com/DQmU7xMoJ34NvXspsTD1hHDqyFYrHfuRE3YyqDVBBffxzAP/Screenshot_2.png)</center> * Re-learn **"Markdown Style Guide"** to improve your writing skills. ## Thank you!
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parent authoramplegeologist
parent permlinkmeme-tokens-crypto-academy-s4w7-homework-post-for-wahyunahrul
permlinkr1h1ag
title
Transaction InfoBlock #58383152/Trx 9aaac1ff9b553df39d732abcdce008cda04b601e
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    {
      "author": "wahyunahrul",
      "body": "Hi @amplegeologist, Thanks for taking my class.\nBased on the homework that you have made, here are the details of the assessment you get:\n\nAssessment Aspect | Score\n------- | ------\n*Personal opinion on the popular Meme Tokens in 2021* | *0.7/1*\n*Personal opinion on the type of cryptocurrency Meme Tokens* | *0.6/1*\n*Choose to invest or trade on Meme Tokens* | *0.8/2*\n*Analyzing a Meme Token* | *0.8/2*\n*Conclusion* | *1/1*\n*Procedures, writing structure and effort* | *0.3/1*\n*Follows Rules and Guidelines* | *1/1*\n*#Club5050* | *0/1*\n***Total*** | ***5.2/10***\n\n**My Reviews and Suggestions:**\n\n* Your explanation on questions number 1 and 2 is still shallow, please try to provide some additional information.\n\n* Try to include screenshots of each information you submit so that the information is valid.\n\n* The data from the fundamental analysis that you provided in question number 4 is still lacking, please try to provide other data to prove that the Meme Token of your choice is good. From what I see you only show the charts and prices of Meme Tokens, it's still not enough for fundamental analysis.\n\n* Put the image in the center of the page for a more professional look.\n<center>![Screenshot_2.png](https://cdn.steemitimages.com/DQmU7xMoJ34NvXspsTD1hHDqyFYrHfuRE3YyqDVBBffxzAP/Screenshot_2.png)</center>\n\n* Re-learn **\"Markdown Style Guide\"** to improve your writing skills.\n\n## Thank you!",
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amplegeologistsent 4.000 SBD to @utyalban
2021/10/23 21:54:39
amount4.000 SBD
fromamplegeologist
memo
toutyalban
Transaction InfoBlock #58371515/Trx 4b81ae064fca594ebda3c2dfc513531da7283b3d
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evegracesent 4.100 SBD to @amplegeologist
2021/10/23 20:51:45
amount4.100 SBD
fromevegrace
memo
toamplegeologist
Transaction InfoBlock #58370265/Trx 537cab76fa077060208a66a9684ac433ea291414
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2021/10/23 20:07:57
authoramplegeologist
permlinkproof-of-keys-steemit-crypto-academy-s4w7-homework-post-for-awesononso
voterblue0
weight400 (4.00%)
Transaction InfoBlock #58369394/Trx 0d9f57d6e9d582b0628aac585e535aea1c924ee3
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2021/10/23 18:40:06
authoramplegeologist
body![images (3).jpeg](https://cdn.steemitimages.com/DQmRj2mi99wHrUZxJFdvj2v1mEEmUdBvAszDjqs9t8wrAAh/images%20(3).jpeg) [image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRdJxx-PXU-qGCJ6GPmsfjuBl5zr03thYVaxA&usqp=CAU) Am gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @awesononso, reading through this lecture series have given me a better insight on proof of keys. To this, I will be writing based on the task given by the Professor. **1.) Explain private and public Keys in relation to custodial and non-custodial wallets.** ***Private Keys*** Private keys are simply cryptographic keys which are used in opening custodial and non-custodial wallets. Here, the private keys are used by the legitimate owners and third party intermediaries of wallet to unlock and gain access to the cryptocurrencies in the wallets. It is a key that is kept private just as the name implies. In-terms of custodial wallets, the private keys are in the custody of the intermediaries or third party (might be a broker, a bank, etc.) who takes charge, controls and can access and as well take decision on what should be done with the coins in the wallet at any time without the knowledge of the legitimate owner of the wallet. For instance, the banking system which we know is centralized, I open an account of which I have some amount of money inside, here, the bank now has the authority and control over my account to access my account as well using my money to trade or give out on loans to people who pays back with interest without my knowledge, remember, this interest payed only goes to the bank and not my account. This is exactly the relationship between private keys and custodial wallets. In terms of the non-custodial wallets, the private keys are in the custody of the legitimate owner of the wallet, it is only the legitimate owner that takes charge, control and can access and as well take decision on what should be done with the coins in the wallet at any time. For instance, in the steemit blockchain, we have wallets, these wallets are known as custodial wallet of which we have are tokens and coins stored. The rightful owner of an account only has the authority via his/her private keys to access his/her funds at any time. It is a system which is operated on a decentralized system. Here, there are no third parties or intermediaries involved. ***Public Keys*** Public keys are simply cryptographic keys used in locking coins in a wallet. These keys are open to the public and can be used to lock coins in either custodial or non-custodial wallets. When a coins is transferred to a wallet, this is the keys that translate the data and locks it in a wallet. It can be used by an intermediary or third party to lock coins in a custodial wallet or by legitimate owners of the wallet to lock coins in a non-custodial wallet. These keys cannot be used to unlock these coins from the wallet. Take for instance, I own a wallet and a transaction is made to my wallet, this key will help me to store the coins into my wallet, but if I want withdraw or access with these key, I will not be able to except I use a private key. From the above, we see that the public keys can only be used to lock funds into wallets while private can only be used to unlock funds from wallets. **2.) What do you think about the Proof of Keys Day? What precautions would you take when participating?** Proof of Keys Day as an event which helps in sensitizing the public and new users on the importance of taking control of their wallet as well as the celebration of Bitcoin Genesis block which has led to the creation of decentralized wallets is a very nice event. It is a day that will let the public know the difference between owning and taking control of your funds and other people taking control of their funds and as such will help in the growth of the cryptocurrency world. Although we have people who are still ignorant of the decentralized wallet and its usage, this will be a good platform to letting them be aware of the importance of owning a decentralized wallet and also having control over the funds at any time of their disposal. It is quite a rewarding day to be valued. To me, the precaution I will take when participating in the Proof of Keys Day is that I will be cautious enough not to miss or lose my decentralized wallet private keys because once it is lost, it cannot be recovered. **3.) Do you prefer Centralized exchanges or Decentralized wallets for storing your cryptocurrencies? Why?** In my own opinion, I prefer the decentralized wallets to centralized exchanges with these reasons: in the decentralized wallets, the owner of the wallet only has the right to access his funds but in centralized exchanges, there is tendency of fraud since the wallet can be accessed by intermediaries or third party, thus funds can be used for other things without the owners knowledge. Not only about frauding of the wallet, but also since the intermediaries are the ones who have control over the private keys of the wallet, they can go to the length of hacking the account, that is changing the wallet details of the original owner of the account so as to be able to run away with their funds without trace since there is no transparency of transaction as compared to the decentralized wallets were every transaction details can be viewed by the public. **4.) Let us assume it is Proof of Keys Day:** **a.)Transfer at least 20 Steem from your Binance wallet to your Steemit wallet.** ![Screenshot_20211023-170747~2.png](https://cdn.steemitimages.com/DQmTXqQZtkCraAsxM97bTLxygF6NbMhwNkgEyZm44KxLKRY/Screenshot_20211023-170747~2.png) ![IMG-20211023-WA0016~2.jpg](https://cdn.steemitimages.com/DQmTndoYsF3yzryAjBW6rhbsXJcUz7Z9n8eETnVqgvUJkhA/IMG-20211023-WA0016~2.jpg) ![IMG-20211023-WA0019~2.jpg](https://cdn.steemitimages.com/DQmXrziPXGZFK1L19bt184jhKrk55AGEzemd5nJufjAB2fy/IMG-20211023-WA0019~2.jpg) ![IMG-20211023-WA0018~2.jpg](https://cdn.steemitimages.com/DQmQWBJMW7Y1vi9XV5gyLhVhFD14d9PdHfH3i1uH11aLJTV/IMG-20211023-WA0018~2.jpg) ![IMG-20211023-WA0017~2.jpg](https://cdn.steemitimages.com/DQmPkyLiBiK3rL5nh7MBe5UPsUoS1N9Va1Z6ZfUiY3TXNc6/IMG-20211023-WA0017~2.jpg) ![IMG-20211023-WA0021~2.jpg](https://cdn.steemitimages.com/DQmTvt3JbPTFTeEohB7x7nTKi65ayfz2rJcgsu5dgzh8aq6/IMG-20211023-WA0021~2.jpg) ![Screenshot_20211023-171723~2.png](https://cdn.steemitimages.com/DQmccAUgAQ4WymefBq5c8a4hT8Vgac538Wq1knZgzb79zwq/Screenshot_20211023-171723~2.png) **b.) Transfer at least 50 TRX from your Binance wallet to your TronLink wallet.** (Provide Screenshots and make sure you have your Keys). ![IMG-20211023-WA0016~3.jpg](https://cdn.steemitimages.com/DQmNuvVzUdxe6zJgUHSJM2jvzRjTM5ohui1f5Ue7gjNKKJA/IMG-20211023-WA0016~3.jpg) ![IMG-20211023-WA0010~2.jpg](https://cdn.steemitimages.com/DQmNPNFpRrTyEzimvwJS9xjFzDQgLFFxCZuiz22iwy44wGL/IMG-20211023-WA0010~2.jpg) ![IMG-20211023-WA0015~2.jpg](https://cdn.steemitimages.com/DQmQzwq6fRD5xANqae6vFG2jSb1jxBjMNjxiPsnUw1LsVJQ/IMG-20211023-WA0015~2.jpg) ![IMG-20211023-WA0014~2.jpg](https://cdn.steemitimages.com/DQmVoQE9PSG8jY66fnXrMNqNs4vFuufKbY8Z4fDj5gVZKft/IMG-20211023-WA0014~2.jpg) ![IMG-20211023-WA0013~2.jpg](https://cdn.steemitimages.com/DQmdefGMHo9ju4eFHf4PpKKLmVY6wm7dRFVS8tsrUFr2XRX/IMG-20211023-WA0013~2.jpg) **5.) In one statement, what is the major significance of the transfers in question 4.** The major significance of the transfer in question 4 is to remind me that I have a control over my funds in my decentralized wallet via the proof of keys.
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parent author
parent permlinkhive-108451
permlinkproof-of-keys-steemit-crypto-academy-s4w7-homework-post-for-awesononso
titleProof of Keys- Steemit Crypto Academy- S4W7- Homework Post for @awesononso
Transaction InfoBlock #58367646/Trx 972d3f816dabaf0a2b848d825f178001d53a9878
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      "author": "amplegeologist",
      "body": "![images (3).jpeg](https://cdn.steemitimages.com/DQmRj2mi99wHrUZxJFdvj2v1mEEmUdBvAszDjqs9t8wrAAh/images%20(3).jpeg)\n\n[image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRdJxx-PXU-qGCJ6GPmsfjuBl5zr03thYVaxA&usqp=CAU)\n\nAm gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @awesononso, reading through this lecture series have given me a better insight on proof of keys. To this, I will be writing based on the task given by the Professor.\n\n**1.) Explain private and public Keys in relation to custodial and non-custodial wallets.**\n\n***Private Keys***\n\nPrivate keys are simply cryptographic keys which are used in opening custodial and non-custodial wallets. Here, the private keys are used by the legitimate owners and third party intermediaries of wallet to unlock and gain access to the cryptocurrencies in the wallets. It is a key that is kept private just as the name implies. In-terms of custodial wallets, the private keys are in the custody of the intermediaries or third party (might be a broker, a bank, etc.) who takes charge, controls and can access and as well take decision on what should be done with the coins in the wallet at any time without the knowledge of the legitimate owner of the wallet. \n\nFor instance, the banking system which we know is centralized, I open an account of which I have some amount of money inside, here, the bank now has the authority and control over my account to access my account as well using my money to trade or give out on loans to people who pays back with interest without my knowledge, remember, this interest payed only goes to the bank and not my account. This is exactly the relationship between private keys and custodial wallets.\n\nIn terms of the non-custodial wallets, the private keys are in the custody of the legitimate owner of the wallet, it is only the legitimate owner that takes charge, control and can access and as well take decision on what should be done with the coins in the wallet at any time. \n\nFor instance, in the steemit blockchain, we have wallets, these wallets are known as custodial wallet of which we have are tokens and coins stored. The rightful owner of an account only has the authority via his/her private keys to access his/her funds at any time. It is a system which is operated on a decentralized system. Here, there are no third parties or intermediaries involved.\n\n***Public Keys***\n\nPublic keys are simply cryptographic keys used in locking coins in a wallet. These keys are open to the public and can be used to lock coins in either custodial or non-custodial wallets. When a coins is transferred to a wallet, this is the keys that translate the data and locks it in a wallet. It can be used by an intermediary or third party to lock coins in a custodial wallet or by legitimate owners of the wallet to lock coins in a non-custodial wallet. These keys cannot be used to unlock these coins from the wallet.\n\nTake for instance, I own a wallet and a transaction is made to my wallet, this key will help me to store the coins into my wallet, but if I want withdraw or access with these key, I will not be able to except I use a private key.\n\nFrom the above, we see that the public keys can only be used to lock funds into wallets while private can only be used to unlock funds from wallets.\n\n**2.) What do you think about the Proof of Keys Day? What precautions would you take when participating?**\n\nProof of Keys Day as an event which helps in sensitizing the public and new users on the importance of taking control of their wallet as well as the celebration of Bitcoin Genesis block which has led to the creation of decentralized wallets is a very nice event. It is a day that will let the public know the difference between owning and taking control of your funds and other people taking control of their funds and as such will help in the growth of the cryptocurrency world. Although we have people who are still ignorant of the decentralized wallet and its usage, this will be a good platform to letting them be aware of the importance of owning a decentralized wallet and also having control over the funds at any time of their disposal. It is quite a rewarding day to be valued.\n\nTo me, the precaution I will take when participating in the Proof of Keys Day is that I will be cautious enough not to miss or lose my decentralized wallet private keys because once it is lost, it cannot be recovered.\n\n**3.) Do you prefer Centralized exchanges or Decentralized wallets for storing your cryptocurrencies? Why?**\n\nIn my own opinion, I prefer the decentralized wallets to centralized exchanges with these reasons: in the decentralized wallets, the owner of the wallet only has the right to access his funds but in centralized exchanges, there is tendency of fraud since the wallet can be accessed by intermediaries or third party, thus funds can be used for other things without the owners knowledge. Not only about frauding of the wallet, but also since the intermediaries are the ones who have control over the private keys of the wallet, they can go to the length of hacking the account, that is changing the wallet details of the original owner of the account so as to be able to run away with their funds without trace since there is no transparency of transaction as compared to the decentralized wallets were every transaction details can be viewed by the public.\n\n**4.) Let us assume it is Proof of Keys Day:**\n**a.)Transfer at least 20 Steem from your Binance wallet to your Steemit wallet.**\n\n![Screenshot_20211023-170747~2.png](https://cdn.steemitimages.com/DQmTXqQZtkCraAsxM97bTLxygF6NbMhwNkgEyZm44KxLKRY/Screenshot_20211023-170747~2.png)\n\n![IMG-20211023-WA0016~2.jpg](https://cdn.steemitimages.com/DQmTndoYsF3yzryAjBW6rhbsXJcUz7Z9n8eETnVqgvUJkhA/IMG-20211023-WA0016~2.jpg)\n\n![IMG-20211023-WA0019~2.jpg](https://cdn.steemitimages.com/DQmXrziPXGZFK1L19bt184jhKrk55AGEzemd5nJufjAB2fy/IMG-20211023-WA0019~2.jpg)\n\n![IMG-20211023-WA0018~2.jpg](https://cdn.steemitimages.com/DQmQWBJMW7Y1vi9XV5gyLhVhFD14d9PdHfH3i1uH11aLJTV/IMG-20211023-WA0018~2.jpg)\n\n![IMG-20211023-WA0017~2.jpg](https://cdn.steemitimages.com/DQmPkyLiBiK3rL5nh7MBe5UPsUoS1N9Va1Z6ZfUiY3TXNc6/IMG-20211023-WA0017~2.jpg)\n\n![IMG-20211023-WA0021~2.jpg](https://cdn.steemitimages.com/DQmTvt3JbPTFTeEohB7x7nTKi65ayfz2rJcgsu5dgzh8aq6/IMG-20211023-WA0021~2.jpg)\n\n![Screenshot_20211023-171723~2.png](https://cdn.steemitimages.com/DQmccAUgAQ4WymefBq5c8a4hT8Vgac538Wq1knZgzb79zwq/Screenshot_20211023-171723~2.png)\n\n**b.) Transfer at least 50 TRX from your Binance wallet to your TronLink wallet.**\n(Provide Screenshots and make sure you have your Keys).\n\n![IMG-20211023-WA0016~3.jpg](https://cdn.steemitimages.com/DQmNuvVzUdxe6zJgUHSJM2jvzRjTM5ohui1f5Ue7gjNKKJA/IMG-20211023-WA0016~3.jpg)\n\n![IMG-20211023-WA0010~2.jpg](https://cdn.steemitimages.com/DQmNPNFpRrTyEzimvwJS9xjFzDQgLFFxCZuiz22iwy44wGL/IMG-20211023-WA0010~2.jpg)\n\n![IMG-20211023-WA0015~2.jpg](https://cdn.steemitimages.com/DQmQzwq6fRD5xANqae6vFG2jSb1jxBjMNjxiPsnUw1LsVJQ/IMG-20211023-WA0015~2.jpg)\n\n![IMG-20211023-WA0014~2.jpg](https://cdn.steemitimages.com/DQmVoQE9PSG8jY66fnXrMNqNs4vFuufKbY8Z4fDj5gVZKft/IMG-20211023-WA0014~2.jpg)\n\n![IMG-20211023-WA0013~2.jpg](https://cdn.steemitimages.com/DQmdefGMHo9ju4eFHf4PpKKLmVY6wm7dRFVS8tsrUFr2XRX/IMG-20211023-WA0013~2.jpg)\n\n**5.) In one statement, what is the major significance of the transfers in question 4.**\n\nThe major significance of the transfer in question 4 is to remind me that I have a control over my funds in my decentralized wallet via the proof of keys.",
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      "title": "Proof of Keys- Steemit Crypto Academy- S4W7- Homework Post for @awesononso"
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  "timestamp": "2021-10-23T18:40:06",
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amplegeologistsent 20.000 STEEM to @deepcrypto8- "101476777"
2021/10/23 16:22:33
amount20.000 STEEM
fromamplegeologist
memo101476777
todeepcrypto8
Transaction InfoBlock #58364909/Trx f54bca686c2b0024e14245504b4bd9eecc625886
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binance-hotsent 19.990 STEEM to @amplegeologist
2021/10/23 16:15:33
amount19.990 STEEM
frombinance-hot
memo
toamplegeologist
Transaction InfoBlock #58364771/Trx ac162c441d3995143283a6b5e79aa860a664133e
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amplegeologistsent 2.000 STEEM to @utyalban
2021/10/23 08:10:39
amount2.000 STEEM
fromamplegeologist
memo
toutyalban
Transaction InfoBlock #58355126/Trx cae14574c6b22b1620c912347d877e52ab8c26cd
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amplegeologistblockchain operation: limit order create
2021/10/23 07:18:39
amount to sell0.147 SBD
expiration2021-11-19T07:16:38
fill or killfalse
min to receive2.000 STEEM
orderid1634973453
owneramplegeologist
Transaction InfoBlock #58354094/Trx 2308db57908d8782d7a28987000afeebd2bf676b
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amplegeologistbought 2.002 STEEM for 0.147 SBD from @goldfoot
2021/10/23 07:18:39
current orderid1634973453
current owneramplegeologist
current pays0.147 SBD
open orderid539557249
open ownergoldfoot
open pays2.002 STEEM
Transaction InfoBlock #58354094/Trx 2308db57908d8782d7a28987000afeebd2bf676b
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2021/10/22 22:25:24
authoramplegeologist
permlinkmeme-tokens-crypto-academy-s4w7-homework-post-for-wahyunahrul
votersciencetech
weight10000 (100.00%)
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amplegeologistsent 3.800 SBD to @davosimple
2021/10/22 20:13:48
amount3.800 SBD
fromamplegeologist
memo
todavosimple
Transaction InfoBlock #58340873/Trx 25cb630c3cd1afff66156a3d6dd225f12a805584
View Raw JSON Data
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amplegeologistclaimed reward balance: 1.325 SBD, 2.634 SP
2021/10/22 20:10:06
accountamplegeologist
reward sbd1.325 SBD
reward steem0.000 STEEM
reward vests4289.571773 VESTS
Transaction InfoBlock #58340800/Trx 8598cc9f0f1ce7165b7a52bdfc6c42f947f3437c
View Raw JSON Data
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      "reward_steem": "0.000 STEEM",
      "reward_vests": "4289.571773 VESTS"
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evegracesent 2.430 SBD to @amplegeologist
2021/10/22 19:51:39
amount2.430 SBD
fromevegrace
memo
toamplegeologist
Transaction InfoBlock #58340434/Trx 5c56b9868cddb40d5591f67f527d2dee51bec59c
View Raw JSON Data
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2021/10/22 18:41:48
authoramplegeologist
body![images (3).jpeg](https://cdn.steemitimages.com/DQmSmzKVQokpZ2eDsCLKxL9JBmD7RKvJwiixsRnS6bweFgZ/images%20(3).jpeg) [image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRpKKDUGjyb4TgfZ3MCOUD5Cjf0X2GBUHbpMw&usqp=CAU) Am gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @wahyunahrul, reading through this lecture series have given me a better insight on Meme tokens. To this, I will be writing based on the task given by the Professor. **1). Why Meme Tokens could be one type of cryptocurrency that will have a big impact on the cryptocurrency market in 2021?** Meme tokens which is a cryptocurrency introduced into the crypto world in 2013. It has been a cryptocurrency in the market since then without a much value of it. Just of recent, due to the support of one of the richest man in the world by name Elun Musk about Meme tokens, there has been a rapid rise and circulation of the token in the crypto market. As one of the world richest person, with his high popularity in the world, he is been followed by many, so if he supports the Meme token, this has given a green card to the rapid growth of this token because his fans will definitely want to invest in the token believing of a real sense that is a good asset to invest in. The support of these great celebrities will cause an influence to the growth and wide circulation of the token. We know very well that a man of such caliber will never invest into what is a scam, this will definitely be what his followers will have at mind and will develop an interest, thus will invest and hold the Meme token. The wide coverage and information created by this big influencers will cause the public to invest and hold more of this token in circulation thereby leading to an increase of the Meme token price and a high market capitalization and usage which will make it one type of cryptocurrency that will have a big impact on the cryptocurrency market in 2021. **2). Do you think Meme Tokens is a type of cryptocurrency that shouldn't need to be created?** Just as the name implies, Meme token is all about jokes or memes. It is just a type of token created for fun. To me, the creation of Meme token is not a mistake, it’s a creation in my opinion that has a value for some people apart from the price increase and investment made on it. There are times in life of which we are faced with problems and we become weighed down, fun moment is an alternative to overcoming this state, thus the creation of Meme token. It is aimed at building a fun-loving community. We know very well that a wide range of cryptocurrencies have been created with a lot of impacting value, the likes of Bitcoin, Ethereum, etc which have created a lot of impact in the world of cryptocurrencies and the world at large. One might think of a mere word like **“joke”** sometimes, it sounds ugly but there are certain state in a man’s life of which jokes can help manage. Try to consider a scenario where you invest when you are not in a happy mode, would you be able to concentrate in making a successful trade or investment, it’s always like hell. Meme token can be seen as a token that will not last in a long term but will always make a last longing effect on users both in the society and the cryptocurrency world. It is a token that will help in collecting emotions, actions into an easy translating format, for instance, what we have in the newspaper talks about politicians and others. Meme token is a good cryptocurrency that need to be created with it purpose of growth in value as well as the benefits it creates in the society and individual. **3). If you had to choose to invest or trade on Meme Tokens, which would you choose? Explain your choice in detail and provide strong evidence for your choice.** I would chose to invest on Meme tokens. Why I choose to invest in Meme tokens is because it is a token that has a potential value via the supporting rates of influencers. My choice is backed with the following evidence: ***Community:*** Meme tokens are built with the help of token fans community. These are the people that support and promote the usage of their favourite meme token. They can go a long way to supporting members of the community via fundraising. Since, the community token fans are ready to cohabit together to make the token has a value, with this I think, it will be a good token to invest on because I will not run at loss of it. ***Uses Cases:*** A lot of Meme tokens are not just launched into the crypto market for jokes only, some have a specific purpose for why they were created and this is one of the reason that will make many to invest on it as well as hold the Meme token for it specific purpose of creation to be achieved and thus gives it a value in the market. ***Social media Promotion:*** We know very well that most of these memes are used in the social media platform. So, meme as a token if supported by an influencer or celebrity in a positive way will always have an adverse effect on the price value of the token, thus, a more evidence to be invested on since it is widely known by the social media platforms that fans these influencers. **4). Choose a Meme Token (except Dogecoin and Shiba Inu) and do an analysis of the Meme Token with the following conditions:** For this task, the Meme token I will choose is the SAFEMOON. SAFEMOON is a meme token created by a team making up six with John Karony as the CEO, Thomas Smith as the CTO and Trevor Church as the Community manager. This token was created with the aim of ensuring safer gains and the prevention of certainties in price bubbles. It happens to be a new meme token which is community driven with a DeFi system approach that just stormed the cryptocurrency market earlier this year. It has in its few months of hitting the market made a tremendous circulation with over 2.5 million people investing on it as shown on the screen shot below via coinmarketcap: ![Screenshot_20211022-185534~2.png](https://cdn.steemitimages.com/DQmY6NcpLFsEyhCt8FKbJTmioBZjmnMZxP1aNyxXa9cL4Wn/Screenshot_20211022-185534~2.png) SAFEMOON is a Meme token with an increasing level in its price, ranking, market capitalization, etc. as shown below on the screen shot via coinmarketcap: ![Screenshot_20211022-185429~2.png](https://cdn.steemitimages.com/DQmNi5A5rhVKPQznvXXAHiRTj3f6dbAzLgAmU97AnX3ukrG/Screenshot_20211022-185429~2.png) ![Screenshot_20211022-185505~2.png](https://cdn.steemitimages.com/DQmZtqKm1DDUyjFLBuKfSr47hkyRAzNWk9sJ517wgZiSDrr/Screenshot_20211022-185505~2.png) With the following, fundamental analysis of the meme token, it will be good investment tool. **5). Conclusion.** With regards to the upsurge in value of the Meme tokens as compared to its past thriving rate, it can be seen that Meme token is a good token to be invested in but as a n investor, the type of Meme token you wish to invest in should and must have a good use case which will make the token last in the future times (sustainability). Its sustainability will be a factor to its growth and as such investment can be made so as not to run at loss in an investment.
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permlinkmeme-tokens-crypto-academy-s4w7-homework-post-for-wahyunahrul
title"Meme Tokens - Crypto Academy / S4W7 - Homework Post for @wahyunahrul"
Transaction InfoBlock #58339044/Trx 019ec7b0b0e09b40ca259e3790e99e461dd8a11a
View Raw JSON Data
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      "author": "amplegeologist",
      "body": "![images (3).jpeg](https://cdn.steemitimages.com/DQmSmzKVQokpZ2eDsCLKxL9JBmD7RKvJwiixsRnS6bweFgZ/images%20(3).jpeg)\n[image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRpKKDUGjyb4TgfZ3MCOUD5Cjf0X2GBUHbpMw&usqp=CAU)\n\nAm gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @wahyunahrul, reading through this lecture series have given me a better insight on Meme tokens. To this, I will be writing based on the task given by the Professor.\n\n**1). Why Meme Tokens could be one type of cryptocurrency that will have a big impact on the cryptocurrency market in 2021?**\n\nMeme tokens which is a cryptocurrency introduced into the crypto world in 2013. It has been a cryptocurrency in the market since then without a much value of it. Just of recent, due to the support of one of the richest man in the world by name Elun Musk about Meme tokens, there has been a rapid rise and circulation of the token in the crypto market. \n\nAs one of the world richest person, with his high popularity in the world, he is been followed by many, so if he supports the Meme token, this has given a green card to the rapid growth of this token because his fans will definitely want to invest in the token believing of a real sense that is a good asset to invest in.\n\nThe support of these great celebrities will cause an influence to the growth and wide circulation of the token. We know very well that a man of such caliber will never invest into what is a scam, this will definitely be what his followers will have at mind and will develop an interest, thus will invest and hold the Meme token.\n\nThe wide coverage and information created by this big influencers will cause the public to invest and hold more of this token in circulation thereby leading to an increase of the Meme token price and a high market capitalization and usage which will make it one type of cryptocurrency that will have a big impact on the cryptocurrency market in 2021.\n\n**2). Do you think Meme Tokens is a type of cryptocurrency that shouldn't need to be created?**\n\nJust as the name implies, Meme token is all about jokes or memes. It is just a type of token created for fun. To me, the creation of Meme token is not a mistake, it’s a creation in my opinion that has a value for some people apart from the price increase and investment made on it.\n\nThere are times in life of which we are faced with problems and we become weighed down, fun moment is an alternative to overcoming this state, thus the creation of Meme token. It is aimed at building a fun-loving community.\n\nWe know very well that a wide range of cryptocurrencies have been created with a lot of impacting value, the likes of Bitcoin, Ethereum, etc which have created a lot of impact in the world of cryptocurrencies and the world at large.\n\nOne might think of a mere word like **“joke”** sometimes, it sounds ugly but there are certain state in a man’s life of which jokes can help manage. Try to consider a scenario where you invest when you are not in a happy mode, would you be able to concentrate in making a successful trade or investment, it’s always like hell.\n\nMeme token can be seen as a token that will not last in a long term but will always make a last longing effect on users both in the society and the cryptocurrency world. It is a token that will help in collecting emotions, actions into an easy translating format, for instance, what we have in the newspaper talks about politicians and others.\nMeme token is a good cryptocurrency that need to be created with it purpose of growth in value as well as the benefits it creates in the society and individual.\n\n**3). If you had to choose to invest or trade on Meme Tokens, which would you choose? Explain your choice in detail and provide strong evidence for your choice.**\n\nI would chose to invest on Meme tokens. Why I choose to invest in Meme tokens is because it is a token that has a potential value via the supporting rates of influencers.\n\nMy choice is backed with the following evidence:\n***Community:*** Meme tokens are built with the help of token fans community. These are the people that support and promote the usage of their favourite meme token. They can go a long way to supporting members of the community via fundraising. Since, the community token fans are ready to cohabit together to make the token has a value, with this I think, it will be a good token to invest on because I will not run at loss of it.\n\n***Uses Cases:*** A lot of Meme tokens are not just launched into the crypto market for jokes only, some have a specific purpose for why they were created and this is one of the reason that will make many to invest on it as well as hold the Meme token for it specific purpose of creation to be achieved and thus gives it a value in the market.\n\n***Social media Promotion:*** We know very well that most of these memes are used in the social media platform. So, meme as a token if supported by an influencer or celebrity in a positive way will always have an adverse effect on the price value of the token, thus, a more evidence to be invested on since it is widely known by the social media platforms that fans these influencers.\n \n**4). Choose a Meme Token (except Dogecoin and Shiba Inu) and do an analysis of the Meme Token with the following conditions:**\n\nFor this task, the Meme token I will choose is the SAFEMOON.\n\nSAFEMOON is a meme token created by a team making up six with John Karony as the CEO, Thomas Smith as the CTO and Trevor Church as the Community manager. This token was created with the aim of ensuring safer gains and the prevention of certainties in price bubbles. \n\nIt happens to be a new meme token which is community driven with a DeFi system approach that just stormed the cryptocurrency market earlier this year. It has in its few months of hitting the market made a tremendous circulation with over 2.5 million people investing on it as shown on the screen shot below via coinmarketcap:\n\n\n![Screenshot_20211022-185534~2.png](https://cdn.steemitimages.com/DQmY6NcpLFsEyhCt8FKbJTmioBZjmnMZxP1aNyxXa9cL4Wn/Screenshot_20211022-185534~2.png)\n\nSAFEMOON is a Meme token with an increasing level in its price, ranking, market capitalization, etc. as shown below on the screen shot via coinmarketcap:\n\n![Screenshot_20211022-185429~2.png](https://cdn.steemitimages.com/DQmNi5A5rhVKPQznvXXAHiRTj3f6dbAzLgAmU97AnX3ukrG/Screenshot_20211022-185429~2.png)\n\n![Screenshot_20211022-185505~2.png](https://cdn.steemitimages.com/DQmZtqKm1DDUyjFLBuKfSr47hkyRAzNWk9sJ517wgZiSDrr/Screenshot_20211022-185505~2.png)\n\nWith the following, fundamental analysis of the meme token, it will be good investment tool.\n\n**5). Conclusion.**\n\nWith regards to the upsurge in value of the Meme tokens as compared to its past thriving rate, it can be seen that Meme token is a good token to be invested in but as a n investor, the type of Meme token you wish to invest in should and must have a good use case which will make the token last in the future times (sustainability). Its sustainability will be a factor to its growth and as such investment can be made so as not to run at loss in an investment.",
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2021/10/22 16:32:51
authoramplegeologist
permlinktrading-cryptocurrencies-crypto-academy-s4w6-homework-post-for-reminiscence01
sbd payout1.325 SBD
steem payout0.000 STEEM
vesting payout4289.571773 VESTS
Transaction InfoBlock #58336483/Virtual Operation #4
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amplegeologistcustom json: notify
2021/10/22 15:43:06
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2021/10/21 13:46:12
idfollow
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2021/10/19 10:36:21
authoramplegeologist
permlinktrading-cryptocurrencies-crypto-academy-s4w6-homework-post-for-reminiscence01
votersteemcurator02
weight500 (5.00%)
Transaction InfoBlock #58243488/Trx 3861c8c1c89df2df47223ef279c1696628431e92
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amplegeologistsent 5.000 SBD to @davosimple
2021/10/17 05:48:09
amount5.000 SBD
fromamplegeologist
memo
todavosimple
Transaction InfoBlock #58180474/Trx 1aa718c4392000dde26b7e88314949b3295225f5
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amplegeologistcustom json: notify
2021/10/17 05:46:36
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Transaction InfoBlock #58180443/Trx 6f639543e88d1396d81f7f05a4b5f746ed48b553
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evegracesent 5.000 SBD to @amplegeologist
2021/10/17 05:25:54
amount5.000 SBD
fromevegrace
memo
toamplegeologist
Transaction InfoBlock #58180029/Trx 13947813ce78752eb1892b135844faa16adf0d9a
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amplegeologistclaimed reward balance: 0.233 SBD, 0.442 SP
2021/10/16 21:38:48
accountamplegeologist
reward sbd0.233 SBD
reward steem0.000 STEEM
reward vests720.540491 VESTS
Transaction InfoBlock #58170745/Trx 49e5b900bc33a6010acffd0dabe3aeb9e7218c57
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2021/10/16 20:40:48
authoramplegeologist
permlinkstability-in-digital-currencies-steemit-crypto-academy-s4w5-homework-post-for-awesononso
sbd payout0.233 SBD
steem payout0.000 STEEM
vesting payout720.540491 VESTS
Transaction InfoBlock #58169592/Virtual Operation #5
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2021/10/16 19:35:24
authorreminiscence01
bodyHello @amplegeologist , I’m glad you participated in the **6th week Season 4** of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows: <br> Criteria| Ratings | ------------ | ------------- | Presentation / Use of Markdowns| 1/2 | Compliance with topic | 0.5/2 | Spelling and Grammar | 1/2 | Quality of Analysis |1/2 | Originality |1.5/2 | ***Total***|***5/10***| <br> **Recommendation / Feedback:** - The student have completed the assignment for this lesson. - The student also answered all the questions in his/her own words. - Your overall presentation is good but you missed some important points in your explanation. - Also, in the last question you failed to adhere to the expectations by not executing an order. Thank you for participating in this homework task.
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      "body": "Hello @amplegeologist , I’m glad you participated in the **6th week Season 4** of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows:\n<br>\nCriteria| Ratings |\n------------ | ------------- | \nPresentation / Use of Markdowns| 1/2 |\nCompliance with topic | 0.5/2 |\nSpelling and Grammar | 1/2 |\nQuality of Analysis |1/2 |\nOriginality |1.5/2 |\n***Total***|***5/10***|\n<br>\n**Recommendation / Feedback:**\n- The student have completed the assignment for this lesson.\n- The student also answered all the questions in his/her own words. \n- Your overall presentation is good but you missed some important points in your explanation.\n- Also, in the last question you failed to adhere to the expectations by not executing an order. \n\nThank you for participating in this homework task.",
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2021/10/16 19:19:18
authoramplegeologist
permlinktrading-cryptocurrencies-crypto-academy-s4w6-homework-post-for-reminiscence01
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2021/10/15 16:32:51
authoramplegeologist
body![images.jpeg](https://cdn.steemitimages.com/DQmceBMNRv9gu7PfehTho8mWLh7UuCgsRBwenujJsey7Muc/images.jpeg) [image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcR6swWRJrisKO5f-IvYJZU5lli2UC6ImvcIZw&usqp=CAU) Am gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @reminiscence01, reading through this lecture series have given me a better insight on trading cryptocurrencies. To this, I will be writing based on the task given by the Professor. **1. Explain the following stating its advantages and disadvantages:** ***Spot trading*** Spot trading is a type of cryptocurrency trading that involves an investor or trader buying up an asset and holding it to make profit when the price of the asset rises. It involves a trader being able to spot a good position to buy up and hold an asset for some period of time and sell it out to make profit when the price of the asset bought rises or is in bullish. ***Advantages of Spot trading*** It allows traders to buy up asset with a minimum capital thus making profit when the price increases. In this type of trading, the trader cannot run into loss because he/she will hold the asset till whenever it rises more than the capital he/she invested so as to make profit. It allows traders to own digital assets for some period and it is easy for beginner trader to follow. ***Disadvantages of Spot trading*** It takes a longer period before a trader makes profit out of his/her investment. It requires experience of traders on the right time to buy up asset so as not to risk his/her capital. ***Margin trading*** Margin trading is a type of cryptocurrency trading that involves an investor or trader taking advantage of the market by borrowing funds from exchangers to boost its purchasing power. This purchasing power must be more than the trader’s trading capital. The trader now uses the purchasing power via the leveraging to buy larger contracts with low purchasing power to make profit. ***Advantages of Margin trading*** It helps traders with less capital to be able to trade large asset and make huge profit. It allows traders to be able to split positions with low funds via more purchasing power incurred through borrowing from exchangers. ***Disadvantages of Margin trading*** Traders can run liquidity of their account via leveraging. It needs an experience high level of trading so as to make good trading decision. ***Futures trading*** Futures trading is a type of cryptocurrency trading that involves a trader or investor being able to forecast the future price of an asset based on the swings in the movement of price of an asset. In this type of trading, investors take advantage of the bearish and the bullish movement when investing. They can buy an asset in a bearish trend anticipating a potential bullish trend of the asset to make profit and vice versa. It involves a practical knowhow on how the market trend of an asset is via the help of technical indicators and price actions of the asset. In this type of trading, investors are given the leverage (power) to be able to buy larger contracts with low capital to make profit as well as liquidity depending on the market movement of the asset. ***Advantages of Futures trading*** Larger contracts can be bought with small capital via leveraging. Much profit can be made via leveraging in a short time. Investment can be made on an asset either in a bullish or bearish market. ***Disadvantages of Futures trading*** It needs a professional understanding of price movement. It involves risk which can lead to liquidation. An in-depth studies of market trends is expected for a positive price forecast. **2. a) Explain the different types of orders in trading.** In trading, there are three types of orders namely: the market order, the pending order and the exit orders **Market Order** Market Order is a type of order that can be placed for a particular asset to be bought or sold in the current market price of the asset. It takes into consideration the current market price when executing a position. **Pending Orders** Pending order is a type of order that has to do with a trader placing a particular asset to be bought or sold at a particular price which is not the current market price, just as the name implies, the order remains pending until the market order reaches the fixed price of the asset before it is executed. Pending orders are of different types, namely: Limit orders, stop-limit order and the OCO order. ***Limit Order:*** Limit Order is a type of pending order that can be placed by a trader for a particular asset to be bought or sold by an investor or trader at a particular price he/she is willing to sell or buy. He/she must not have to follow the current price value of the asset in the market he/she wants to buy but rather makes a buy and sell order at a price level he/she is willing to. It is when the market price of the asset hits the fixed price that the order will be executed. If it does not, the order will still remain pending. ***Stop-limit Order:*** Stop-limit Order is a type of pending order that enables traders to place a limit order on a particular asset when the price of the assets gets to the stop price that was placed either a buy or sell, the order is accomplished thus the limit order is executed. But if the price of the asset does not hit the stop price, the limit order will still remain pending. ***OCO order:*** OCO Order is a type of pending order also known as ***“One Cancel the Other”*** that is not placed at the current market price of the asset. It is an order that allows traders to make more than one openings of order at the same time. Immediately when the first order is accomplished, it cancels the order and places the new order to take profit. **Exit Orders** ***Stop loss orders:*** This is an exit order that is placed by a trader to exit a position when the market goes against the prediction of the trader so as not to make more loss on his/her trading capital. ***Take profit orders:*** This is an exit order that is placed by trader to exit a position when the market goes in the direction and in line with the prediction of the trader so as to make more profit **b) How can a trader manage risk using an OCO order? (Technical example needed).** Risk management is on one of the strategies deployed by traders in averting huge losses during trading. It is a step taken by traders on the proper analysis on the trade they want to enter. To manage risk, traders have to consider placing an OCO order on the trade so as to maximize and also take profit when the price goes in consonant to their prediction and also minimize loss when the price goes against their prediction. For example, I want to enter a trade that is moving in the resistant level which actually signals a reverse in the trend of the asset to bearish trend. At that point, I can place my OCO order. Here, it can be placed as a sell limit order and as a stop-limit order. Assuming that the resistant level of an asset is $5.87 and since it is in a resistant level, it is signaling a potential reverse in the trend to bearish, the price may likely drop. Here I can place the OCO order with $4.56 as the stop-limit order and sell limit order at $5.87 to avert the risk of running at loss if my prediction is not met. If the asset gets to the $5.87, a sell order will be executed while the stop-limit order will be cancelled, but if the asset gets to the stop-limit order of $4.56, the stop-limit order will be executed while the sell order will be canceled. With this, you can see that have been able to manage the risk of running at loss using the OCO order. **3. Open a limit order on any crypto asset with a minimum of 5USDT and explain the steps followed. (Screenshots needed from any cryptocurrency exchange).** ![Screenshot_20211015-142423~2.png](https://cdn.steemitimages.com/DQmUi1wNgeBSVkuSZSSzvD7eA5N5WntiGU7rhG6MN5yqHHd/Screenshot_20211015-142423~2.png) ![Screenshot_20211015-132021~2.png](https://cdn.steemitimages.com/DQmWdd1Dha4pz4wGRoy4XE1pdsppWQPT7dKxfqVxq66tVyx/Screenshot_20211015-132021~2.png) ![Screenshot_20211015-132021~3.png](https://cdn.steemitimages.com/DQmSYHdRLneXvc4ycn1xdn1kZWyCmj4grfF9t9DP8z18xVD/Screenshot_20211015-132021~3.png) ![Screenshot_20211015-132039~2.png](https://cdn.steemitimages.com/DQmcsSvrTBbNukZ4LU32hUSgwPXPky8iQT1Hy9mpuz6XXoB/Screenshot_20211015-132039~2.png) **4. Using a demo account of any trading platform, carry out a technical analysis using any indicator and open a buy/sell position on any crypto asset. The following are expected.** ![Screenshot_20211015-132605~2.png](https://cdn.steemitimages.com/DQmS7v9Gfw9pHcfx7UH4UARAodvZWaFfzduyBst9qpHh64A/Screenshot_20211015-132605~2.png) ![Screenshot_20211015-132621~2.png](https://cdn.steemitimages.com/DQmTYPW8VEzs7W5z7wXUAVh7RXQZr9r88ehv7VXXiypzP5s/Screenshot_20211015-132621~2.png) ![Screenshot_20211015-134359~2.png](https://cdn.steemitimages.com/DQmQY6YDCTXg1G33dP8r8ovHnb4kkFwjrEqbKqyXEBFJLEg/Screenshot_20211015-134359~2.png) ![Screenshot_20211015-135318~2.png](https://cdn.steemitimages.com/DQmY31F4LtuFbvr89Uj2yDt4G9MfqgE9X8EFnXCycV3dSCp/Screenshot_20211015-135318~2.png) ![Screenshot_20211015-135411~2.png](https://cdn.steemitimages.com/DQmSMiNKEvXZENBkE2CV4YQaksFG9sPnyXetDFSbFuMdS3k/Screenshot_20211015-135411~2.png) ![Screenshot_20211015-135432~2.png](https://cdn.steemitimages.com/DQmTynj4PW2VHtCrgd2ckPoMuBfgfeZfeipfpKATEz6eW5P/Screenshot_20211015-135432~2.png) ![Screenshot_20211015-140158~2.png](https://cdn.steemitimages.com/DQmTgbyjjjmGui2T9sBbSxFr1i9SdHv8JzgPkikXFQU9gAP/Screenshot_20211015-140158~2.png) ***i)Why you chose the crypto asset*** Litecoin (LTC) is one of the digital currencies with a high value ranked 15 in the crypto market. I choose this asset if I buy or trade on this asset either buying it in the bearish, I will make profit from it when it rises in the bullish market. Since the crypto asset has a high market capitalization, it has a good supply rate in the market and as such people invest in it thus making the LTC to have value in the crypto market. ***ii)Why you chose the indicator and how it suits your trading style.*** I choose to use this technical indicator because it is one of the indicators that is easy to handle so as to make a good decision in investment. It indicates an overbought when the price rises more than 80 level and thus an oversold region when the price goes below the 20 level mark. From the indicator, I discovered that when the price enters the overbought region, it signals a potential reverse in the bullish trend to a bearish trend thus a good time to make a good sell entry and make profit. I also discovered that when the price of the asset enters the oversold region, it indicates a reversal in the bearish trend to a bullish trend thus a good time to buy and accumulate asset to make profit later as the value of the asset rises. This is why I choose this indicator as it suits my trading style. ***iii)Indicate the exit orders. (Screenshots required).*** ![Screenshot_20211015-135318~3.png](https://cdn.steemitimages.com/DQmTRnWCWp666mtcbHz7DbYXKSLMFrZY8rBzQpMUUQuev2J/Screenshot_20211015-135318~3.png) ![Screenshot_20211015-140158~3.png](https://cdn.steemitimages.com/DQmd19rJZJtJiBYtVKCSDgiSPLSWqxZfxcVo8JFJZoqS19J/Screenshot_20211015-140158~3.png)
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parent permlinkhive-108451
permlinktrading-cryptocurrencies-crypto-academy-s4w6-homework-post-for-reminiscence01
title[Trading Cryptocurrencies] - Crypto Academy / S4W6- Homework Post for @reminiscence01"
Transaction InfoBlock #58136026/Trx 50b1a6d39e658a5e4fc2a7aa34d7d54b1119ac55
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      "body": "![images.jpeg](https://cdn.steemitimages.com/DQmceBMNRv9gu7PfehTho8mWLh7UuCgsRBwenujJsey7Muc/images.jpeg)\n[image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcR6swWRJrisKO5f-IvYJZU5lli2UC6ImvcIZw&usqp=CAU)\n\nAm gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @reminiscence01, reading through this lecture series have given me a better insight on trading cryptocurrencies. To this, I will be writing based on the task given by the Professor.\n\n**1.    Explain the following stating its advantages and disadvantages:**\n\n***Spot trading***\n\nSpot trading is a type of cryptocurrency trading that involves an investor or trader buying up an asset and holding it to make profit when the price of the asset rises. It involves a trader being able to spot a good position to buy up and hold an asset for some period of time and sell it out to make profit when the price of the asset bought rises or is in bullish.\n\n***Advantages of Spot trading***\n\nIt allows traders to buy up asset with a minimum capital thus making profit when the price increases.\n\nIn this type of trading, the trader cannot run into loss because he/she will hold the asset till whenever it rises more than the capital he/she invested so as to make profit.\n\nIt allows traders to own digital assets for some period and it is easy for beginner trader to follow.\n\n***Disadvantages of Spot trading***\n\nIt takes a longer period before a trader makes profit out of his/her investment.\n\nIt requires experience of traders on the right time to buy up asset so as not to risk his/her capital.\n\n***Margin trading***\n\nMargin trading is a type of cryptocurrency trading that involves an investor or trader taking advantage of the market by borrowing funds from exchangers to boost its purchasing power. This purchasing power must be more than the trader’s trading capital. The trader now uses the purchasing power via the leveraging to buy larger contracts with low purchasing power to make profit.\n\n***Advantages of Margin trading***\n\nIt helps traders with less capital to be able to trade large asset and make huge profit.\n\nIt allows traders to be able to split positions with low funds via more purchasing power incurred through borrowing from exchangers.\n\n***Disadvantages of Margin trading***\n\nTraders can run liquidity of their account via leveraging.\n\nIt needs an experience high level of trading so as to make good trading decision.\n\n***Futures trading***\n\nFutures trading is a type of cryptocurrency trading that involves a trader or investor being able to forecast the future price of an asset based on the swings in the movement of price of an asset. In this type of trading, investors take advantage of the bearish and the bullish movement when investing.\n\nThey can buy an asset in a bearish trend anticipating a potential bullish trend of the asset to make profit and vice versa. It involves a practical knowhow on how the market trend of an asset is via the help of technical indicators and price actions of the asset. In this type of trading, investors are given the leverage (power) to be able to buy larger contracts with low capital to make profit as well as liquidity depending on the market movement of the asset.\n\n***Advantages of Futures trading***\n\nLarger contracts can be bought with small capital via leveraging.\n\nMuch profit can be made via leveraging in a short time.\n\nInvestment can be made on an asset either in a bullish or bearish market.\n\n***Disadvantages of Futures trading***\n\nIt needs a professional understanding of price movement.\n\nIt involves risk which can lead to liquidation.\n\nAn in-depth studies of market trends is expected for a positive price forecast.\n\n**2.    a) Explain the different types of orders in trading.**\n\nIn trading, there are three types of orders namely: the market order, the pending order and the exit orders\n\n**Market Order**\n\nMarket Order is a type of order that can be placed for a particular asset to be bought or sold in the current market price of the asset. It takes into consideration the current market price when executing a position.\n\n**Pending Orders**\n\nPending order is a type of order that has to do with a trader placing a particular asset to be bought or sold at a particular price which is not the current market price, just as the name implies, the order remains pending until the market order reaches the fixed price of the asset before it is executed. Pending orders are of different types, namely: Limit orders, stop-limit order and the OCO order.\n\n***Limit Order:*** Limit Order is a type of pending order that can be placed by a trader for a particular asset to be bought or sold by an investor or trader at a particular price he/she is willing to sell or buy. He/she must not have to follow the current price value of the asset in the market he/she wants to buy but rather makes a buy and sell order at a price level he/she is willing to. It is when the market price of the asset hits the fixed price that the order will be executed. If it does not, the order will still remain pending.\n\n***Stop-limit Order:*** Stop-limit Order is a type of pending order that enables traders to place a limit order on a particular asset when the price of the assets gets to the stop price that was placed either a buy or sell, the order is accomplished thus the limit order is executed. But if the price of the asset does not hit the stop price, the limit order will still remain pending.\n\n***OCO order:*** OCO Order is a type of pending order also known as ***“One Cancel the Other”*** that is not placed at the current market price of the asset. It is an order that allows traders to make more than one openings of order at the same time. Immediately when the first order is accomplished, it cancels the order and places the new order to take profit.\n\n**Exit Orders**\n\n***Stop loss orders:*** This is an exit order that is placed by a trader to exit a position when the market goes against the prediction of the trader so as not to make more loss on his/her trading capital.\n\n***Take profit orders:*** This is an exit order that is placed by trader to exit a position when the market goes in the direction and in line with the prediction of the trader so as to make more profit\n\n**b) How can a trader manage risk using an OCO order? (Technical example needed).**\n\nRisk management is on one of the strategies deployed by traders in averting huge losses during trading. It is a step taken by traders on the proper analysis on the trade they want to enter. \n\nTo manage risk, traders have to consider placing an OCO order on the trade so as to maximize and also take profit when the price goes in consonant to their prediction and also minimize loss when the price goes against their prediction.\n\nFor example, I want to enter a trade that is moving in the resistant level which actually signals a reverse in the trend of the asset to bearish trend. At that point, I can place my OCO order. Here, it can be placed as a sell limit order and as a stop-limit order. Assuming that the resistant level of an asset is $5.87 and since it is in a resistant level, it is signaling a potential reverse in the trend to bearish, the price may likely drop. Here I can place the OCO order with $4.56 as the stop-limit order and sell limit order at $5.87 to avert the risk of running at loss if my prediction is not met. If the asset gets to the $5.87, a sell order will be executed while the stop-limit order will be cancelled, but if the asset gets to the stop-limit order of $4.56, the stop-limit order will be executed while the sell order will be canceled. With this, you can see that have been able to manage the risk of running at loss using the OCO order.\n\n**3.    Open a limit order on any crypto asset with a minimum of 5USDT and explain the steps followed. (Screenshots needed from any cryptocurrency exchange).**\n\n\n![Screenshot_20211015-142423~2.png](https://cdn.steemitimages.com/DQmUi1wNgeBSVkuSZSSzvD7eA5N5WntiGU7rhG6MN5yqHHd/Screenshot_20211015-142423~2.png)\n\n![Screenshot_20211015-132021~2.png](https://cdn.steemitimages.com/DQmWdd1Dha4pz4wGRoy4XE1pdsppWQPT7dKxfqVxq66tVyx/Screenshot_20211015-132021~2.png)\n\n\n![Screenshot_20211015-132021~3.png](https://cdn.steemitimages.com/DQmSYHdRLneXvc4ycn1xdn1kZWyCmj4grfF9t9DP8z18xVD/Screenshot_20211015-132021~3.png)\n\n![Screenshot_20211015-132039~2.png](https://cdn.steemitimages.com/DQmcsSvrTBbNukZ4LU32hUSgwPXPky8iQT1Hy9mpuz6XXoB/Screenshot_20211015-132039~2.png)\n\n**4.    Using a demo account of any trading platform, carry out a technical analysis using any indicator and open a buy/sell position on any crypto asset. The following are expected.**\n\n![Screenshot_20211015-132605~2.png](https://cdn.steemitimages.com/DQmS7v9Gfw9pHcfx7UH4UARAodvZWaFfzduyBst9qpHh64A/Screenshot_20211015-132605~2.png)\n\n![Screenshot_20211015-132621~2.png](https://cdn.steemitimages.com/DQmTYPW8VEzs7W5z7wXUAVh7RXQZr9r88ehv7VXXiypzP5s/Screenshot_20211015-132621~2.png)\n\n![Screenshot_20211015-134359~2.png](https://cdn.steemitimages.com/DQmQY6YDCTXg1G33dP8r8ovHnb4kkFwjrEqbKqyXEBFJLEg/Screenshot_20211015-134359~2.png)\n\n![Screenshot_20211015-135318~2.png](https://cdn.steemitimages.com/DQmY31F4LtuFbvr89Uj2yDt4G9MfqgE9X8EFnXCycV3dSCp/Screenshot_20211015-135318~2.png)\n\n![Screenshot_20211015-135411~2.png](https://cdn.steemitimages.com/DQmSMiNKEvXZENBkE2CV4YQaksFG9sPnyXetDFSbFuMdS3k/Screenshot_20211015-135411~2.png)\n\n![Screenshot_20211015-135432~2.png](https://cdn.steemitimages.com/DQmTynj4PW2VHtCrgd2ckPoMuBfgfeZfeipfpKATEz6eW5P/Screenshot_20211015-135432~2.png)\n\n![Screenshot_20211015-140158~2.png](https://cdn.steemitimages.com/DQmTgbyjjjmGui2T9sBbSxFr1i9SdHv8JzgPkikXFQU9gAP/Screenshot_20211015-140158~2.png)\n\n***i)Why you chose the crypto asset***\n\nLitecoin (LTC) is one of the digital currencies with a  high value ranked 15 in the crypto market. I choose this asset if I buy or trade on this asset either buying it in the bearish, I will make profit from it when it rises in the bullish market. Since the crypto asset has a high market capitalization, it has a good supply rate in the market and as such people invest in it thus making the LTC to have value in the crypto market.\n\n***ii)Why you chose the indicator and how it suits your trading style.***\n\nI choose to use this technical indicator because it is one of the indicators that is easy to handle so as to make a good decision in investment. It indicates an overbought when the price rises more than 80 level and thus an oversold region when the price goes below the 20 level mark. From the indicator, I discovered that when the price enters the overbought region, it signals a potential reverse in the bullish trend to a bearish trend thus a good time to make a good sell entry and make profit. I also discovered that when the price of the asset enters the oversold region, it indicates a reversal in the bearish trend to a bullish trend thus a good time to buy and accumulate asset to make profit later as the value of the asset rises. This is why I choose this indicator as it suits my trading style.\n\n***iii)Indicate the exit orders. (Screenshots required).***\n\n![Screenshot_20211015-135318~3.png](https://cdn.steemitimages.com/DQmTRnWCWp666mtcbHz7DbYXKSLMFrZY8rBzQpMUUQuev2J/Screenshot_20211015-135318~3.png)\n\n\n![Screenshot_20211015-140158~3.png](https://cdn.steemitimages.com/DQmd19rJZJtJiBYtVKCSDgiSPLSWqxZfxcVo8JFJZoqS19J/Screenshot_20211015-140158~3.png)",
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2021/10/13 22:10:09
authoramplegeologist
permlinkstability-in-digital-currencies-steemit-crypto-academy-s4w5-homework-post-for-awesononso
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amplegeologistcustom json: notify
2021/10/12 11:25:00
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2021/10/11 16:01:36
authoramplegeologist
permlinkstability-in-digital-currencies-steemit-crypto-academy-s4w5-homework-post-for-awesononso
voterawesononso
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2021/10/11 16:01:33
authorawesononso
bodyHello @amplegeologist, Thank you for taking interest in this class. Your grades are as follows: Criteria|Calculation ------|------ Presentation/Use of Markdowns| 1/2 Compliance with Topic| 0.3/2 Quality of Analysis & Calculations | 0.3/2 Clarity of Language| 1.8/2 Originality & Expression| 1.3/2 ***Total***| ***4.7/10*** ![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg) ##### The following caught my attention: > as the supply reduces and the value tends to reduce, the rebase mechanism will help in circulating the token less This is not clear. ![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg) ##### Feedback and Suggestions * You should really work on your arrangement and markdown use. * Your explanation and illustration in question 3 are not clear. * You should have stated the extra features in question 3 instead of just providing screenshots. * You did not attempt the last two questions. ![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg) Thanks again as we anticipate your participation in the next class.
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parent permlinkstability-in-digital-currencies-steemit-crypto-academy-s4w5-homework-post-for-awesononso
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title
Transaction InfoBlock #58020856/Trx 40fd257cab2df880df0f416f5a82370e807fccfb
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      "author": "awesononso",
      "body": "Hello @amplegeologist,\nThank you for taking interest in this class. Your grades are as follows:\n\nCriteria|Calculation\n------|------\nPresentation/Use of Markdowns| 1/2\nCompliance with Topic| 0.3/2\nQuality of Analysis & Calculations | 0.3/2\nClarity of Language| 1.8/2\nOriginality & Expression| 1.3/2\n***Total***| ***4.7/10***\n\n![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg)\n\n##### The following caught my attention:\n> as the supply reduces and the value tends to reduce, the rebase mechanism will help in circulating the token less\n\nThis is not clear.\n\n![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg)\n\n##### Feedback and Suggestions\n* You should really work on your arrangement and markdown use.\n\n* Your explanation and illustration in question 3 are not clear.\n\n* You should have stated the extra features in question 3 instead of just providing screenshots.\n\n* You did not attempt the last two questions.\n\n![9E456949-E630-4867-83FC-8C102C6229C9.jpeg](https://cdn.steemitimages.com/DQmXVvh4VFYk6CsyrJxUp12iN5UgP79xfhGkxrAdyWqQDh2/9E456949-E630-4867-83FC-8C102C6229C9.jpeg)\n\nThanks again as we anticipate your participation in the next class.",
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2021/10/10 01:15:30
authoramplegeologist
permlinkstability-in-digital-currencies-steemit-crypto-academy-s4w5-homework-post-for-awesononso
voterfelicidadyluz
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amplegeologistsent 1.946 SBD to @olamax- "ef49d0b7869a41fb3afd221d4b7a2a-7dca19347a-3afd221d4b7a2a"
2021/10/09 21:49:00
amount1.946 SBD
fromamplegeologist
memoef49d0b7869a41fb3afd221d4b7a2a-7dca19347a-3afd221d4b7a2a
toolamax
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amplegeologistclaimed reward balance: 1.946 SBD, 3.529 SP
2021/10/09 21:41:18
accountamplegeologist
reward sbd1.946 SBD
reward steem0.000 STEEM
reward vests5747.451958 VESTS
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2021/10/09 20:40:48
authoramplegeologist
body![images.jpeg](https://cdn.steemitimages.com/DQmQPKbbi3xi4DbSCdaN4Z96HdtvHx1hHGFN4PE5SkodadN/images.jpeg) [image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcREHrGuKgu1q8t5AhT7g9koYmjbe1lVKnadiA&usqp=CAU) Am gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @awesononso, reading through this lecture series have given me a better insight on stability in digital currencies. To this, I will be writing based on the task given by the Professor. **1. Explain why Stability is important in Digital currencies.** When talking about stability, we are dealing with how firm or steady a thing is. When we look at digital currencies, we see that there are lots of swing highs and lows caused by the users of different digital currencies. This fluctuations or volatility in prices of this currencies which are caused by demand and supply of the digital currencies tends to affect the stability of the currencies. When there is much demand for a digital currency, we see that the price of that currency will rise, because it has a value that is why people demand for more of it, but when much of the digital currency is sold out, we see that the price of that currency will reduce and as such the value will reduce. So, for a digital currency to have a value and be demanded by many, the value must be stable so as for people to have the yearning to invest more on it. When it is of value based on its stability, people will tend to use digital currency as a good medium of exchange thereby making the populace in the crypto world to increase as well as the growth of the cryptocurrency world. Take for instance, if I make an investment on a particular asset, and at the end of that investment, I find out that I am running at loss, I will definitely not want to invest on it again because I am not gaining. But if I invest on a particular asset and at the end, I make an income or more than what I investment, I will want to invest more on it. This same is applicable in digital currency and its stability. If the price of a digital currency is not stable, people will not want to invest on it because it is now like a probability for them to either run at loss or gain. This is why stability is important in digital currencies, to make digital currencies have a proper store of value for more investment on it. **2. Do you think CBDCs would be good in the future?** CBDCs which is a digital currency owned by a particular country is a new development in the affairs of currency circulation and usage as to the new era of technology. To my own opinion on if it will be good in future, I would say yes because it will ease the delay and stress of having to belong to a particular bank before a transaction can be carried out but there is a clause when it comes to it being centralized, because there is no limit to privacy of people’s account, it is still controlled by the government. In the other hand, I think it is a nice development to making digital currency to be stable, because if the CBDCs of a particular country is in consonant with the fiat currency value of that country, it will give the digital currency stability and as such will be greatly demanded for by people for investment because it is a legal and authorized medium of exchange and thus gives it a more security when it comes to certainty of transactions. **Weigh the pros and cons in your own understanding and state your position.** **Pros of CBDCs** CBDCs allows for ease in accessing your wallet without having to pass or own an account in a particular bank. CBDCs are currencies that have been clearly approved and authorized as a legal medium of exchange. CBDCs allows for easy and faster transactions to be carried out without an intermediary as well no cost or transaction fees charged. CBDCs allows citizens to grow and be up-to-date in the thriving advanced technology that emerges the world. **Cons of CBDCs** CBDCs which operates as a centralized system delimits users to their privacy since the central bank has full control and central authority over the account. CBDCs will create a gap in the employment status of people who were working under the banking sector since transactions are carried out without intermediaries and as such will render those that were working under the banking sector jobless. CBDCs will reduce the income that would have been generated by banks over transaction charges. CBDCs will lead to a loop hole for those who are not convenient or exposed to the usage of internet or assessing of internet services since it is a currency that can only be accesses in a digital format via online. **3. Explain in your own words how Rebase Tokens work. Give an illustration.** Rebase token works just like the demand and supply principle. in demand and supply, the higher the demand, the higher the price but the higher the supoly, the lower the price and value. In rebase tokens, the more token demanded, the higher the price and if there is a drop in the demand of the token, the price will eventually suffer. Also, if there is a high demand of the token, the supply of the token will this reduce, causing a rise in the value of the token, but if the demand reduces and the supply increases, the token will be devalued. But in rebase token, as the supply reduces and the value tends to reduce, the rebase mechanism will help in circulating the token less so as for the value of the token not to drop as it should be. Take for instance, a token is traded and accumulated based on more buyers, the price will increase thus an increase in the value, but by the time the holders of the token tends to sell off their tokens, for the price value not to fall, the rebase mechanism will help in making the circulation less so that the value will still be close to or up to to what it should be. This is how rebase token works. **4. Go to the https://www.ampleforth.org/dashboard/. Check the necessary parameters and calculate the rebase %. What else can you find on the page?** ![Screenshot_20211008-182121~2.png](https://cdn.steemitimages.com/DQmPMKnCpe222dD3pPH5ds3L1GkRr5Rj98mLSCZ5u9ymjjC/Screenshot_20211008-182121~2.png) ![Screenshot_20211008-182144~2.png](https://cdn.steemitimages.com/DQmW4KZsbqejis5WZHzUB8MN1xdSvNU1JA3iQtKViwcmiVQ/Screenshot_20211008-182144~2.png) ![Screenshot_20211008-182212~2.png](https://cdn.steemitimages.com/DQmTHib1HRHzVSfANrH1MZHHWw9Lb7w2ukmoQR7kvs5MYYm/Screenshot_20211008-182212~2.png) To calculate the Rebase%; from the screenshot above, the Oracle Rate = $1.022 and the Price Target = $1.061 Therefore the Rebase % = {[(Oracle Rate - Price Target) / Price Target] x 100} / 10 Substituting the values; ={[(1.022 - 1.061) / 1.061] x 100} / 10 = [(-0.039/1.061) x 100] / 10 = (-0.0367577757 x 100) / 10 = -3.6757775683 / 10 = -0.36757% = -0.37% ***Other things that can be found on the page are:*** ![Screenshot_20211008-182241~2.png](https://cdn.steemitimages.com/DQma8xY3VtyH2WxY5yC7XMA3UABf6n1aX5PZiVjjb6BviWB/Screenshot_20211008-182241~2.png) ![Screenshot_20211008-182253~2.png](https://cdn.steemitimages.com/DQmSUziyDV24Hzrd3Jffze4tyraxBzMVC7WbmB9wGCfpULd/Screenshot_20211008-182253~2.png) **5. Trade some tokens for at least $15 worth of USDT on Binance and explain your steps. (Give necessary Screenshots of the transaction).** ![Screenshot_20211008-183718~2.png](https://cdn.steemitimages.com/DQmPLu5ivmSy8bZtgVuYzsd8thMcM9sp9NfRSQBw7cwGpHv/Screenshot_20211008-183718~2.png) ![Screenshot_20211008-183726~2.png](https://cdn.steemitimages.com/DQmZRSW27rWwm1p37s7iGg2PqSacFAXCZ1MV5Su7ApTq6QZ/Screenshot_20211008-183726~2.png) ![Screenshot_20211008-183805~2.png](https://cdn.steemitimages.com/DQmdRFUurmK89FGu8r46AgXBjcHFHN9NubrEVMjD152fKjS/Screenshot_20211008-183805~2.png)
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permlinkstability-in-digital-currencies-steemit-crypto-academy-s4w5-homework-post-for-awesononso
titleStability in Digital Currencies- Steemit Crypto Academy- S4W5- Homework Post for @awesononso
Transaction InfoBlock #57969180/Trx f7d129075b90a4fa8783f6ace8a92b48b7f6ef85
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      "author": "amplegeologist",
      "body": "![images.jpeg](https://cdn.steemitimages.com/DQmQPKbbi3xi4DbSCdaN4Z96HdtvHx1hHGFN4PE5SkodadN/images.jpeg)\n[image source](https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcREHrGuKgu1q8t5AhT7g9koYmjbe1lVKnadiA&usqp=CAU)\n\nAm gladdened once again for yet another opportunity of this wonderful edition by the cryptoacademy. From the lecture offered by Professor @awesononso, reading through this lecture series have given me a better insight on stability in digital currencies. To this, I will be writing based on the task given by the Professor.\n\n**1.    Explain why Stability is important in Digital currencies.**\n\nWhen talking about stability, we are dealing with how firm or steady a thing is. When we look at digital currencies, we see that there are lots of swing highs and lows caused by the users of different digital currencies. This fluctuations or volatility in prices of this currencies which are caused by demand and supply of the digital currencies tends to affect the stability of the currencies.\n\nWhen there is much demand for a digital currency, we see that the price of that currency will rise, because it has a value that is why people demand for more of it, but when much of the digital currency is sold out, we see that the price of that currency will reduce and as such the value will reduce.\n\nSo, for a digital currency to have a value and be demanded by many, the value must be stable so as for people to have the yearning to invest more on it. When it is of value based on its stability, people will tend to use digital currency as a good medium of exchange thereby making the populace in the crypto world to increase as well as the growth of the cryptocurrency world.\n\nTake for instance, if I make an investment on a particular asset, and at the end of that investment, I find out that I am running at loss, I will definitely not want to invest on it again because I am not gaining. But if I invest on a particular asset and at the end, I make an income or more than what I investment, I will want to invest more on it. This same is applicable in digital currency and its stability. If the price of a digital currency is not stable, people will not want to invest on it because it is now like a probability for them to either run at loss or gain. This is why stability is important in digital currencies, to make digital currencies have a proper store of value for more investment on it.\n\n**2.    Do you think CBDCs would be good in the future?**\n\nCBDCs which is a digital currency owned by a particular country is a new development in the affairs of currency circulation and usage as to the new era of technology. To my own opinion on if it will be good in future, I would say yes because it will ease the delay and stress of having to belong to a particular bank before a transaction can be carried out but there is a clause when it comes to it being centralized, because there is no limit to privacy of people’s account, it is still controlled by the government.\n\nIn the other hand, I think it is a nice development to making digital currency to be stable, because if the CBDCs of a particular country is in consonant with the fiat currency value of that country, it will give the digital currency stability and as such will be greatly demanded for by people for investment because it is a legal and authorized medium of exchange and thus gives it a more security when it comes to certainty of transactions. \n\n**Weigh the pros and cons in your own understanding and state your position.**\n\n**Pros of CBDCs**\n\nCBDCs allows for ease in accessing your wallet without having to pass or own an account in a particular bank.\n\nCBDCs are currencies that have been clearly approved and authorized as a legal medium of exchange.\n\nCBDCs allows for easy and faster transactions to be carried out without an intermediary as well no cost or transaction fees charged.\n\nCBDCs allows citizens to grow and be up-to-date in the thriving advanced technology that emerges the world.\n\n**Cons of CBDCs**\n\nCBDCs which operates as a centralized system delimits users to their privacy since the central bank has full control and central authority over the account.\n\nCBDCs will create a gap in the employment status of people who were working under the banking sector since transactions are carried out without intermediaries and as such will render those that were working under the banking sector jobless.\n\nCBDCs will reduce the income that would have been generated by banks over transaction charges.\n\nCBDCs will lead to a loop hole for those who are not convenient or exposed to the usage of internet or assessing of internet services since it is a currency that can only be accesses in a digital format via online.\n\n**3.    Explain in your own words how Rebase Tokens work. Give an illustration.**\n\nRebase token works just like the demand and supply principle. in demand and supply, the higher the demand, the higher the price but the higher the supoly, the lower the price and value. In rebase tokens, the more token demanded, the higher the price and if there is a drop in the demand of the token, the price will eventually suffer. Also, if there is a high demand of the token, the supply of the token will this reduce, causing a rise in the value of the token, but if the demand reduces and the supply increases, the token will be devalued. But in rebase token, as the supply reduces and the value tends to reduce, the rebase mechanism will help in circulating the token less so as for the value of the token not to drop as it should be.\n\nTake for instance, a token is traded and accumulated based on more buyers, the price will increase thus an increase in the value, but by the time the holders of the token tends to sell off their tokens, for the price value not to fall, the rebase mechanism will help in making the circulation less so that the value will still be close to or up to to what it should be. This is how rebase token works.\n\n**4.    Go to the https://www.ampleforth.org/dashboard/. Check the necessary parameters and calculate the rebase %. What else can you find on the page?**\n\n![Screenshot_20211008-182121~2.png](https://cdn.steemitimages.com/DQmPMKnCpe222dD3pPH5ds3L1GkRr5Rj98mLSCZ5u9ymjjC/Screenshot_20211008-182121~2.png)\n\n![Screenshot_20211008-182144~2.png](https://cdn.steemitimages.com/DQmW4KZsbqejis5WZHzUB8MN1xdSvNU1JA3iQtKViwcmiVQ/Screenshot_20211008-182144~2.png)\n\n![Screenshot_20211008-182212~2.png](https://cdn.steemitimages.com/DQmTHib1HRHzVSfANrH1MZHHWw9Lb7w2ukmoQR7kvs5MYYm/Screenshot_20211008-182212~2.png)\n\nTo calculate the Rebase%; from the screenshot above, the Oracle Rate = $1.022 and the Price Target = $1.061\nTherefore the Rebase % = {[(Oracle Rate - Price Target) / Price Target] x 100} / 10\nSubstituting the values; ={[(1.022 - 1.061) / 1.061] x 100} / 10\n= [(-0.039/1.061) x 100] / 10\n= (-0.0367577757 x 100) / 10\n= -3.6757775683 / 10\n= -0.36757%\n= -0.37%\n\n***Other things that can be found on the page are:***\n\n![Screenshot_20211008-182241~2.png](https://cdn.steemitimages.com/DQma8xY3VtyH2WxY5yC7XMA3UABf6n1aX5PZiVjjb6BviWB/Screenshot_20211008-182241~2.png)\n\n![Screenshot_20211008-182253~2.png](https://cdn.steemitimages.com/DQmSUziyDV24Hzrd3Jffze4tyraxBzMVC7WbmB9wGCfpULd/Screenshot_20211008-182253~2.png)\n\n**5.    Trade some tokens for at least $15 worth of USDT on Binance and explain your steps. (Give necessary Screenshots of the transaction).**\n\n![Screenshot_20211008-183718~2.png](https://cdn.steemitimages.com/DQmPLu5ivmSy8bZtgVuYzsd8thMcM9sp9NfRSQBw7cwGpHv/Screenshot_20211008-183718~2.png)\n\n![Screenshot_20211008-183726~2.png](https://cdn.steemitimages.com/DQmZRSW27rWwm1p37s7iGg2PqSacFAXCZ1MV5Su7ApTq6QZ/Screenshot_20211008-183726~2.png)\n\n![Screenshot_20211008-183805~2.png](https://cdn.steemitimages.com/DQmdRFUurmK89FGu8r46AgXBjcHFHN9NubrEVMjD152fKjS/Screenshot_20211008-183805~2.png)",
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2021/10/09 20:40:45
authoramplegeologist
permlinktechnical-indicators-2-crypto-academy-s4w4-homework-post-for-reminiscence01
sbd payout1.937 SBD
steem payout0.000 STEEM
vesting payout5717.797143 VESTS
Transaction InfoBlock #57969178/Virtual Operation #6
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2021/10/09 19:37:30
authoramplegeologist
permlinkprice-action-break-even-technique-crypto-academy-s4w4-homework-post-for-lenonmc21
sbd payout0.009 SBD
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amplegeologistsent 0.327 SBD to @olamax- "d96d3cdac01ecdd4a1cbc561be82d2-7dca19347a-a1cbc561be82d2"
2021/10/07 15:31:18
amount0.327 SBD
fromamplegeologist
memod96d3cdac01ecdd4a1cbc561be82d2-7dca19347a-a1cbc561be82d2
toolamax
Transaction InfoBlock #57905751/Trx 780bb9aaaeb74d230e23de9bb8efd3a9920309cf
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2021/10/07 15:19:27
amount0.322 SBD
fromjustice4peace
memo
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Transaction InfoBlock #57905516/Trx 15c47c337149eac88ad407058657a56de275dbb6
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amplegeologistcustom json: notify
2021/10/05 15:18:27
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Transaction InfoBlock #57848242/Trx e776efecab99f5746bac09d8f770462c155dadd8
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2021/10/05 12:53:39
authoramplegeologist
permlinktechnical-indicators-2-crypto-academy-s4w4-homework-post-for-reminiscence01
votersteemcurator02
weight600 (6.00%)
Transaction InfoBlock #57845370/Trx a89494b16022339576e1e8908a689739bc3f0e00
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2021/10/05 04:50:48
authoramplegeologist
permlinkprice-action-break-even-technique-crypto-academy-s4w4-homework-post-for-lenonmc21
voterlenonmc21
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2021/10/05 04:50:15
authorlenonmc21
body<div class="text-justify"> Greetings @amplegeologist. Thank you very much for participating in my class for season 4 **(week 4)**, in the **"SteemitCryptoAcademy "**. <p> Parameters|Rating ------|------ Presentation Style (Markdown Usage)| 0.5/2 Quality of Content (Mastery of Subject Matter)| 1/2 Spelling and Grammar (Writing Fluency)| 1/2 Originality| 0.5/2 Practical Approach | 0.5/2 ***Total***|***3.5/10*** <center> ![image.png](https://cdn.steemitimages.com/DQmSqBsp8CQYpFukTRP3a72LZ4UEfhsGuHNyntQcfuAXrZh/image.png) </center> <div class="text-justify"> ## Remarks: <p> * The presentation style of your assignments is "Deficient", since you do not present order in the format and your structure is basic and of low quality. You did not make a cover image related to the topic we are working on, which is wrong. The text separators in your presentation were absent. I encourage you to continue to improve and put more effort into your presentations. * The quality of the content is "Poor", since you did not cover with much clarity and fluency most of the important details regarding the concepts of "Price Action and Break-even Point", and your example was not pointed out correctly. * You have a "Poor" understanding of the strategy and technique of analysis in conjunction with "Price Action", since, according to the step-by-step and criteria you described, you moderately covered most of the important details about them, so some of the factors are correct, but others are not. * Your answer on what type of analysis is best was well justified and valid. * In the last question, I wanted to see if the students had understood the strategy of the Price Action technique with the "Breakeven Point", so your performance was "Poor", as you did not correctly point out the breakeven point and I did not see your input on a demo account. Appreciate your efforts at Crypto Academy and look forward to seeing your next assignments. <center> ![image.png](https://cdn.steemitimages.com/DQmSqBsp8CQYpFukTRP3a72LZ4UEfhsGuHNyntQcfuAXrZh/image.png) </center> </div>
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parent permlinkprice-action-break-even-technique-crypto-academy-s4w4-homework-post-for-lenonmc21
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Transaction InfoBlock #57835768/Trx 688fcf496f92b9884e054f18395d6ecced4c95cb
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      "author": "lenonmc21",
      "body": "<div class=\"text-justify\">\n\nGreetings @amplegeologist. Thank you very much for participating in my class for season 4 **(week 4)**, in the **\"SteemitCryptoAcademy \"**. \n<p>\n\nParameters|Rating\n------|------\nPresentation Style (Markdown Usage)| 0.5/2\nQuality of Content (Mastery of Subject Matter)| 1/2\nSpelling and Grammar (Writing Fluency)| 1/2\nOriginality| 0.5/2\nPractical Approach | 0.5/2\n***Total***|***3.5/10***\n\n<center>\n\n![image.png](https://cdn.steemitimages.com/DQmSqBsp8CQYpFukTRP3a72LZ4UEfhsGuHNyntQcfuAXrZh/image.png)\n\n</center>\n\n<div class=\"text-justify\">\n\n## Remarks: \n<p>\n\n* The presentation style of your assignments is \"Deficient\", since you do not present order in the format and your structure is basic and of low quality. You did not make a cover image related to the topic we are working on, which is wrong. The text separators in your presentation were absent. I encourage you to continue to improve and put more effort into your presentations.\n\n* The quality of the content is \"Poor\", since you did not cover with much clarity and fluency most of the important details regarding the concepts of \"Price Action and Break-even Point\", and your example was not pointed out correctly.\n\n* You have a \"Poor\" understanding of the strategy and technique of analysis in conjunction with \"Price Action\", since, according to the step-by-step and criteria you described, you moderately covered most of the important details about them, so some of the factors are correct, but others are not.\n\n* Your answer on what type of analysis is best was well justified and valid.\n\n* In the last question, I wanted to see if the students had understood the strategy of the Price Action technique with the \"Breakeven Point\", so your performance was \"Poor\", as you did not correctly point out the breakeven point and I did not see your input on a demo account.\n\nAppreciate your efforts at Crypto Academy and look forward to seeing your next assignments.\n\n<center>\n\n![image.png](https://cdn.steemitimages.com/DQmSqBsp8CQYpFukTRP3a72LZ4UEfhsGuHNyntQcfuAXrZh/image.png)\n\n</center>\n\n</div>",
      "json_metadata": "{\"users\":[\"amplegeologist\"],\"image\":[\"https://cdn.steemitimages.com/DQmSqBsp8CQYpFukTRP3a72LZ4UEfhsGuHNyntQcfuAXrZh/image.png\"],\"app\":\"steemit/0.2\"}",
      "parent_author": "amplegeologist",
      "parent_permlink": "price-action-break-even-technique-crypto-academy-s4w4-homework-post-for-lenonmc21",
      "permlink": "r0hmrz",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-10-05T04:50:15",
  "trx_id": "688fcf496f92b9884e054f18395d6ecced4c95cb",
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2021/10/03 18:34:00
authorreminiscence01
bodyHello @amplegeologist, I’m glad you participated in the **4th week Season 4** of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows: <br> Criteria| Ratings | ------------ | ------------- | Presentation / Use of Markdowns| 1/2 | Compliance with topic | 1/2 | Spelling and Grammar | 1/2 | Quality of Analysis |1/2 | Originality |1.5/2 | ***Total***|***5.5/10***| <br> **Recommendation / Feedback:** - The student have completed the assignment for this lesson. - The student also answered all the questions in his/her own words. - You have presented a good content. But your chart examples are not clear enough. I suggest you improve on that and use markup on your chart. Thank you for participating in this homework task.
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parent authoramplegeologist
parent permlinktechnical-indicators-2-crypto-academy-s4w4-homework-post-for-reminiscence01
permlinkr0ezkl
title
Transaction InfoBlock #57794881/Trx 470ed02aca13ec2694e3b03570fcfac1820af197
View Raw JSON Data
{
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    {
      "author": "reminiscence01",
      "body": "Hello @amplegeologist, I’m glad you participated in the **4th week Season 4** of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows:\n<br>\nCriteria| Ratings |\n------------ | ------------- | \nPresentation / Use of Markdowns| 1/2 |\nCompliance with topic | 1/2 |\nSpelling and Grammar | 1/2 |\nQuality of Analysis |1/2 |\nOriginality |1.5/2 |\n***Total***|***5.5/10***|\n<br>\n**Recommendation / Feedback:**\n- The student have completed the assignment for this lesson.\n- The student also answered all the questions in his/her own words. \n- You have presented a good content. But your chart examples are not clear enough. I suggest you improve on that and use markup on your chart.\n\nThank you for participating in this homework task.",
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2021/10/03 18:26:57
authoramplegeologist
permlinktechnical-indicators-2-crypto-academy-s4w4-homework-post-for-reminiscence01
voterreminiscence01
weight10000 (100.00%)
Transaction InfoBlock #57794740/Trx 0d2896ba50825a694d2972e74c00560a5f427b23
View Raw JSON Data
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      "voter": "reminiscence01",
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amplegeologistsent 2.790 SBD to @davosimple
2021/10/03 14:23:21
amount2.790 SBD
fromamplegeologist
memo
todavosimple
Transaction InfoBlock #57789901/Trx 02a1dbfd3d84ee328ab0aea678b905e51ab2a639
View Raw JSON Data
{
  "block": 57789901,
  "op": [
    "transfer",
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      "amount": "2.790 SBD",
      "from": "amplegeologist",
      "memo": "",
      "to": "davosimple"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2021-10-03T14:23:21",
  "trx_id": "02a1dbfd3d84ee328ab0aea678b905e51ab2a639",
  "trx_in_block": 23,
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Account Metadata

POSTING JSON METADATA
profile{"profile_image":"https://cdn.steemitimages.com/DQmYojP4Keo7ZaBiXpEfyUdB1PMvR53zdvyTN3DjsFbjEJr/sif.jpeg"}
JSON METADATA
profile{"profile_image":"https://cdn.steemitimages.com/DQmYojP4Keo7ZaBiXpEfyUdB1PMvR53zdvyTN3DjsFbjEJr/sif.jpeg"}
{
  "posting_json_metadata": {
    "profile": {
      "profile_image": "https://cdn.steemitimages.com/DQmYojP4Keo7ZaBiXpEfyUdB1PMvR53zdvyTN3DjsFbjEJr/sif.jpeg"
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  "json_metadata": {
    "profile": {
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    }
  }
}

Auth Keys

Owner
Single Signature
Public Keys
STM7ZQQ9Gb3M86NHPqgx4GGKjcQQzun18dWfPJnuPVE2UZBQZZg4R1/1
Active
Single Signature
Public Keys
STM6P8BbNa4WNfnUqYpYLZ41w8V5bSjVsP6nn6GMp8Z6AjF7jXTHE1/1
Posting
Single Signature
Public Keys
STM6NBgJBvDK9HgSZUhau3hXnEuxGVgxFHXWRv64yDQdtrWWBZDMn1/1
Memo
STM8Y4BRxmYiTKgPgVH6XLhvFX4Js6wfieFWTVph9rRjfiFnrauff
{
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7ZQQ9Gb3M86NHPqgx4GGKjcQQzun18dWfPJnuPVE2UZBQZZg4R",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM6P8BbNa4WNfnUqYpYLZ41w8V5bSjVsP6nn6GMp8Z6AjF7jXTHE",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting": {
    "account_auths": [
      [
        "busy.app",
        1
      ],
      [
        "steemhunt.com",
        1
      ],
      [
        "steempeak.app",
        1
      ],
      [
        "steemstem-app",
        1
      ],
      [
        "threespeak",
        1
      ]
    ],
    "key_auths": [
      [
        "STM6NBgJBvDK9HgSZUhau3hXnEuxGVgxFHXWRv64yDQdtrWWBZDMn",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "memo": "STM8Y4BRxmYiTKgPgVH6XLhvFX4Js6wfieFWTVph9rRjfiFnrauff"
}

Witness Votes

0 / 30
No active witness votes (Proxied to @uyobong).
[]