VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS2.43%
Net Worth
0.100USD
STEEM
0.010STEEM
SBD
0.187SBD
Effective Power
5.001SP
├── Own SP
0.125SP
└── Incoming DelegationsDeleg
+4.876SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.010STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.125SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.876SP | SP |
| Effective Power | 5.001SP | SP |
| Reward SP (pending) | 0.105SP | SP |
| SBD | ||
| sbd_balance | 0.000SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.187SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.010 STEEM",
"vesting_shares": "204.285383 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7939.374423 VESTS",
"sbd_balance": "0.000 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.187 SBD",
"conversions": []
}Account Info
| name | universecrypto |
| id | 791922 |
| rank | 523,302 |
| reputation | 3616220255 |
| created | 2018-03-02T17:48:00 |
| recovery_account | steem |
| proxy | None |
| post_count | 84 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-05-09T10:52:27 |
| last_root_post | 2018-05-09T10:52:27 |
| last_vote_time | 2018-04-12T14:47:24 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.000 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 204.285383 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7939.374423 VESTS |
| reward_vesting_balance | 214.091927 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 1970-01-01T00:00:00 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 1970-01-01T00:00:00 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"id": 791922,
"name": "universecrypto",
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6CSaQLMvsiMtH5DgFGM8ZhRpqixjHoBsdULjxoojHBarh7UWpQ",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6VTaqAoF9KCEbLMUyrW5xXD3oUbBSLs3gs3NoLeQt4xwQjyHSA",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6BUVMefu6vMsWiCyQDgZ3qNzwTLSkUYkTM6V6iG4GqSPeWgTHp",
1
]
]
},
"memo_key": "STM6sieeW9tXamVtoQp28oP98eD61nhhBd68FT5CXWAEur8a7HyWy",
"json_metadata": "{}",
"posting_json_metadata": "",
"proxy": "",
"last_owner_update": "1970-01-01T00:00:00",
"last_account_update": "1970-01-01T00:00:00",
"created": "2018-03-02T17:48:00",
"mined": false,
"recovery_account": "steem",
"last_account_recovery": "1970-01-01T00:00:00",
"reset_account": "null",
"comment_count": 0,
"lifetime_vote_count": 0,
"post_count": 84,
"can_vote": true,
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779090525
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779090525
},
"voting_power": 0,
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"sbd_balance": "0.000 SBD",
"sbd_seconds": "0",
"sbd_seconds_last_update": "1970-01-01T00:00:00",
"sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"reward_sbd_balance": "0.187 SBD",
"reward_steem_balance": "0.010 STEEM",
"reward_vesting_balance": "214.091927 VESTS",
"reward_vesting_steem": "0.105 STEEM",
"vesting_shares": "204.285383 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7939.374423 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"withdrawn": 0,
"to_withdraw": 0,
"withdraw_routes": 0,
"curation_rewards": 0,
"posting_rewards": 207,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"witnesses_voted_for": 0,
"last_post": "2018-05-09T10:52:27",
"last_root_post": "2018-05-09T10:52:27",
"last_vote_time": "2018-04-12T14:47:24",
"post_bandwidth": 0,
"pending_claimed_accounts": 0,
"vesting_balance": "0.000 STEEM",
"reputation": 3616220255,
"transfer_history": [],
"market_history": [],
"post_history": [],
"vote_history": [],
"other_history": [],
"witness_votes": [],
"tags_usage": [],
"guest_bloggers": [],
"rank": 523302
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
steemdelegated 4.876 SP to @universecrypto2026/05/18 07:48:45
steemdelegated 4.876 SP to @universecrypto
2026/05/18 07:48:45
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 7939.374423 VESTS |
| Transaction Info | Block #106152482/Trx ee1a4fb09bd29eb1ef807330280522fbbd25a5ab |
View Raw JSON Data
{
"trx_id": "ee1a4fb09bd29eb1ef807330280522fbbd25a5ab",
"block": 106152482,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-18T07:48:45",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "7939.374423 VESTS"
}
]
}steemdelegated 3.210 SP to @universecrypto2026/05/13 10:30:24
steemdelegated 3.210 SP to @universecrypto
2026/05/13 10:30:24
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 5227.164018 VESTS |
| Transaction Info | Block #106012423/Trx 82ba147af33e709802d87f8c28e1087766ac065a |
View Raw JSON Data
{
"trx_id": "82ba147af33e709802d87f8c28e1087766ac065a",
"block": 106012423,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-05-13T10:30:24",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "5227.164018 VESTS"
}
]
}steemdelegated 4.883 SP to @universecrypto2026/04/26 06:58:39
steemdelegated 4.883 SP to @universecrypto
2026/04/26 06:58:39
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 7951.890179 VESTS |
| Transaction Info | Block #105519929/Trx 9a141b19d44e8e9dfe69a10ec9f2db298416304e |
View Raw JSON Data
{
"trx_id": "9a141b19d44e8e9dfe69a10ec9f2db298416304e",
"block": 105519929,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-04-26T06:58:39",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "7951.890179 VESTS"
}
]
}steemdelegated 3.236 SP to @universecrypto2026/01/24 04:06:30
steemdelegated 3.236 SP to @universecrypto
2026/01/24 04:06:30
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 5268.710837 VESTS |
| Transaction Info | Block #102876128/Trx 9d0dc1009a5e0121117cf880390aca0c4f384fea |
View Raw JSON Data
{
"trx_id": "9d0dc1009a5e0121117cf880390aca0c4f384fea",
"block": 102876128,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2026-01-24T04:06:30",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "5268.710837 VESTS"
}
]
}steemdelegated 3.336 SP to @universecrypto2024/12/17 23:15:06
steemdelegated 3.336 SP to @universecrypto
2024/12/17 23:15:06
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 5432.930034 VESTS |
| Transaction Info | Block #91322321/Trx 063d6d0a8a89f1f1ee9d326b5206e45919d03474 |
View Raw JSON Data
{
"trx_id": "063d6d0a8a89f1f1ee9d326b5206e45919d03474",
"block": 91322321,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2024-12-17T23:15:06",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "5432.930034 VESTS"
}
]
}steemdelegated 3.440 SP to @universecrypto2023/11/14 14:53:42
steemdelegated 3.440 SP to @universecrypto
2023/11/14 14:53:42
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 5602.063566 VESTS |
| Transaction Info | Block #79876407/Trx 72764c21be4c4aa775adf01e93b525c8e0678bc9 |
View Raw JSON Data
{
"trx_id": "72764c21be4c4aa775adf01e93b525c8e0678bc9",
"block": 79876407,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-11-14T14:53:42",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "5602.063566 VESTS"
}
]
}steemdelegated 5.244 SP to @universecrypto2023/09/22 12:10:45
steemdelegated 5.244 SP to @universecrypto
2023/09/22 12:10:45
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 8538.972352 VESTS |
| Transaction Info | Block #78365002/Trx 09f05c583ef1a622fcec03d802046cae4b79f713 |
View Raw JSON Data
{
"trx_id": "09f05c583ef1a622fcec03d802046cae4b79f713",
"block": 78365002,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2023-09-22T12:10:45",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "8538.972352 VESTS"
}
]
}steemdelegated 5.380 SP to @universecrypto2022/11/03 19:26:15
steemdelegated 5.380 SP to @universecrypto
2022/11/03 19:26:15
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 8761.023790 VESTS |
| Transaction Info | Block #69122499/Trx a35dd8a3db51dc528a486cc6368c794da428c74f |
View Raw JSON Data
{
"trx_id": "a35dd8a3db51dc528a486cc6368c794da428c74f",
"block": 69122499,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-11-03T19:26:15",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "8761.023790 VESTS"
}
]
}steemdelegated 5.515 SP to @universecrypto2022/01/18 00:29:21
steemdelegated 5.515 SP to @universecrypto
2022/01/18 00:29:21
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 8981.131391 VESTS |
| Transaction Info | Block #60825572/Trx 1ab240c6f0f67cb3dad85bfe668b33b4fb62727d |
View Raw JSON Data
{
"trx_id": "1ab240c6f0f67cb3dad85bfe668b33b4fb62727d",
"block": 60825572,
"trx_in_block": 63,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2022-01-18T00:29:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "8981.131391 VESTS"
}
]
}steemdelegated 5.628 SP to @universecrypto2021/06/14 07:36:27
steemdelegated 5.628 SP to @universecrypto
2021/06/14 07:36:27
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 9165.325679 VESTS |
| Transaction Info | Block #54615815/Trx 0eb4f5b844aa03986dec052aeeb24c9c60c74328 |
View Raw JSON Data
{
"trx_id": "0eb4f5b844aa03986dec052aeeb24c9c60c74328",
"block": 54615815,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2021-06-14T07:36:27",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "9165.325679 VESTS"
}
]
}steemdelegated 5.744 SP to @universecrypto2020/12/11 17:47:21
steemdelegated 5.744 SP to @universecrypto
2020/12/11 17:47:21
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 9352.747653 VESTS |
| Transaction Info | Block #49363032/Trx 25066fb849c41d909ee0267dbe93f0860e564740 |
View Raw JSON Data
{
"trx_id": "25066fb849c41d909ee0267dbe93f0860e564740",
"block": 49363032,
"trx_in_block": 0,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-11T17:47:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "9352.747653 VESTS"
}
]
}steemdelegated 1.175 SP to @universecrypto2020/12/06 11:22:30
steemdelegated 1.175 SP to @universecrypto
2020/12/06 11:22:30
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49214546/Trx ea4e08116af6d6a493e830fc3a5a024612732bd4 |
View Raw JSON Data
{
"trx_id": "ea4e08116af6d6a493e830fc3a5a024612732bd4",
"block": 49214546,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-06T11:22:30",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "1912.543513 VESTS"
}
]
}steemdelegated 5.747 SP to @universecrypto2020/12/05 21:25:09
steemdelegated 5.747 SP to @universecrypto
2020/12/05 21:25:09
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 9358.955507 VESTS |
| Transaction Info | Block #49198115/Trx ebe4cf0f4fb27dc07b0d69c1172f9466b45c5fed |
View Raw JSON Data
{
"trx_id": "ebe4cf0f4fb27dc07b0d69c1172f9466b45c5fed",
"block": 49198115,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-12-05T21:25:09",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "9358.955507 VESTS"
}
]
}steemdelegated 1.179 SP to @universecrypto2020/11/03 05:25:12
steemdelegated 1.179 SP to @universecrypto
2020/11/03 05:25:12
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48274026/Trx ccc22f69e72e8c7a83b98a6f3644112361b60cb6 |
View Raw JSON Data
{
"trx_id": "ccc22f69e72e8c7a83b98a6f3644112361b60cb6",
"block": 48274026,
"trx_in_block": 10,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-11-03T05:25:12",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "1920.017158 VESTS"
}
]
}steemdelegated 5.872 SP to @universecrypto2020/05/09 12:26:54
steemdelegated 5.872 SP to @universecrypto
2020/05/09 12:26:54
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 9561.760866 VESTS |
| Transaction Info | Block #43224896/Trx eaea0a1b2af447c7ec303adf1319599b5218e154 |
View Raw JSON Data
{
"trx_id": "eaea0a1b2af447c7ec303adf1319599b5218e154",
"block": 43224896,
"trx_in_block": 20,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-09T12:26:54",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "9561.760866 VESTS"
}
]
}steemdelegated 1.200 SP to @universecrypto2020/05/08 17:03:21
steemdelegated 1.200 SP to @universecrypto
2020/05/08 17:03:21
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43202170/Trx 5c016c783587f5c00d0f7a3cfb73cdf98fcf0d4d |
View Raw JSON Data
{
"trx_id": "5c016c783587f5c00d0f7a3cfb73cdf98fcf0d4d",
"block": 43202170,
"trx_in_block": 10,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-05-08T17:03:21",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "1953.311140 VESTS"
}
]
}2020/03/05 12:19:39
2020/03/05 12:19:39
| parent author | universecrypto |
| parent permlink | crypto-trading-how-to-spot-potential-breakout-opportunities |
| author | steemitboard |
| permlink | steemitboard-notify-universecrypto-20200305t121939000z |
| title | |
| body | Congratulations @universecrypto! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@universecrypto/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@universecrypto) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=universecrypto)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steemitboard/@steemitboard/use-your-witness-votes-and-get-the-community-badge"><img src="https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmTugCUsoXX762vg1CuHRrpnPbfnjPogp8iCGv7F2kSVuj/image.png"></a></td><td><a href="https://steemit.com/steemitboard/@steemitboard/use-your-witness-votes-and-get-the-community-badge">Use your witness votes and get the Community Badge</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #41385615/Trx cb4c1178b5086f1711e491c0abd90bc9fd5b8403 |
View Raw JSON Data
{
"trx_id": "cb4c1178b5086f1711e491c0abd90bc9fd5b8403",
"block": 41385615,
"trx_in_block": 9,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2020-03-05T12:19:39",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "crypto-trading-how-to-spot-potential-breakout-opportunities",
"author": "steemitboard",
"permlink": "steemitboard-notify-universecrypto-20200305t121939000z",
"title": "",
"body": "Congratulations @universecrypto! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@universecrypto/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@universecrypto) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=universecrypto)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/use-your-witness-votes-and-get-the-community-badge\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmTugCUsoXX762vg1CuHRrpnPbfnjPogp8iCGv7F2kSVuj/image.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/use-your-witness-votes-and-get-the-community-badge\">Use your witness votes and get the Community Badge</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
}
]
}steemdelegated 5.972 SP to @universecrypto2019/07/30 20:04:51
steemdelegated 5.972 SP to @universecrypto
2019/07/30 20:04:51
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 9723.902794 VESTS |
| Transaction Info | Block #35123774/Trx aebea256b3d781dc75c5323d9a620770db73b95d |
View Raw JSON Data
{
"trx_id": "aebea256b3d781dc75c5323d9a620770db73b95d",
"block": 35123774,
"trx_in_block": 5,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-07-30T20:04:51",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "9723.902794 VESTS"
}
]
}2019/03/02 20:08:18
2019/03/02 20:08:18
| parent author | universecrypto |
| parent permlink | crypto-trading-how-to-spot-potential-breakout-opportunities |
| author | steemitboard |
| permlink | steemitboard-notify-universecrypto-20190302t200817000z |
| title | |
| body | Congratulations @universecrypto! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@universecrypto/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table> <sub>_[Click here to view your Board](https://steemitboard.com/@universecrypto)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/carnival/@steemitboard/carnival-2019"><img src="https://steemitimages.com/64x128/http://i.cubeupload.com/rltzHT.png"></a></td><td><a href="https://steemit.com/carnival/@steemitboard/carnival-2019">Carnival Challenge - Collect badge and win 5 STEEM</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) and get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| Transaction Info | Block #30809793/Trx dffca41043303119f5fba62869fa6de8c23857ef |
View Raw JSON Data
{
"trx_id": "dffca41043303119f5fba62869fa6de8c23857ef",
"block": 30809793,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2019-03-02T20:08:18",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "crypto-trading-how-to-spot-potential-breakout-opportunities",
"author": "steemitboard",
"permlink": "steemitboard-notify-universecrypto-20190302t200817000z",
"title": "",
"body": "Congratulations @universecrypto! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@universecrypto/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_[Click here to view your Board](https://steemitboard.com/@universecrypto)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/carnival/@steemitboard/carnival-2019\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/rltzHT.png\"></a></td><td><a href=\"https://steemit.com/carnival/@steemitboard/carnival-2019\">Carnival Challenge - Collect badge and win 5 STEEM</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) and get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
}
]
}steemdelegated 6.093 SP to @universecrypto2018/08/13 20:11:18
steemdelegated 6.093 SP to @universecrypto
2018/08/13 20:11:18
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 9922.467145 VESTS |
| Transaction Info | Block #25040750/Trx 60281846e22e099a1639be80bfd692b6ff4c650a |
View Raw JSON Data
{
"trx_id": "60281846e22e099a1639be80bfd692b6ff4c650a",
"block": 25040750,
"trx_in_block": 31,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-08-13T20:11:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "9922.467145 VESTS"
}
]
}steemdelegated 18.568 SP to @universecrypto2018/07/08 00:35:18
steemdelegated 18.568 SP to @universecrypto
2018/07/08 00:35:18
| delegator | steem |
| delegatee | universecrypto |
| vesting shares | 30235.434688 VESTS |
| Transaction Info | Block #23981398/Trx 3a3affc36db4a114468be561751baf767f4c2793 |
View Raw JSON Data
{
"trx_id": "3a3affc36db4a114468be561751baf767f4c2793",
"block": 23981398,
"trx_in_block": 30,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-07-08T00:35:18",
"op": [
"delegate_vesting_shares",
{
"delegator": "steem",
"delegatee": "universecrypto",
"vesting_shares": "30235.434688 VESTS"
}
]
}universecryptofollowed @quoineliquid2018/05/14 18:49:48
universecryptofollowed @quoineliquid
2018/05/14 18:49:48
| required auths | [] |
| required posting auths | ["universecrypto"] |
| id | follow |
| json | ["follow",{"follower":"universecrypto","following":"quoineliquid","what":["blog"]}] |
| Transaction Info | Block #22430506/Trx 74bf8e0c5b3bc2a666e4e658027faa807a7f2558 |
View Raw JSON Data
{
"trx_id": "74bf8e0c5b3bc2a666e4e658027faa807a7f2558",
"block": 22430506,
"trx_in_block": 17,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-14T18:49:48",
"op": [
"custom_json",
{
"required_auths": [],
"required_posting_auths": [
"universecrypto"
],
"id": "follow",
"json": "[\"follow\",{\"follower\":\"universecrypto\",\"following\":\"quoineliquid\",\"what\":[\"blog\"]}]"
}
]
}universecryptounfollowed @quoineliquid2018/05/14 18:49:39
universecryptounfollowed @quoineliquid
2018/05/14 18:49:39
| required auths | [] |
| required posting auths | ["universecrypto"] |
| id | follow |
| json | ["follow",{"follower":"universecrypto","following":"quoineliquid","what":[]}] |
| Transaction Info | Block #22430503/Trx e1af3c3c06dce685a97ca27c7f469e7158aff2fd |
View Raw JSON Data
{
"trx_id": "e1af3c3c06dce685a97ca27c7f469e7158aff2fd",
"block": 22430503,
"trx_in_block": 6,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-14T18:49:39",
"op": [
"custom_json",
{
"required_auths": [],
"required_posting_auths": [
"universecrypto"
],
"id": "follow",
"json": "[\"follow\",{\"follower\":\"universecrypto\",\"following\":\"quoineliquid\",\"what\":[]}]"
}
]
}universecryptofollowed @quoineliquid2018/05/14 18:47:45
universecryptofollowed @quoineliquid
2018/05/14 18:47:45
| required auths | [] |
| required posting auths | ["universecrypto"] |
| id | follow |
| json | ["follow",{"follower":"universecrypto","following":"quoineliquid","what":["blog"]}] |
| Transaction Info | Block #22430465/Trx db049c839afa981c53b2813548d490d33349cdef |
View Raw JSON Data
{
"trx_id": "db049c839afa981c53b2813548d490d33349cdef",
"block": 22430465,
"trx_in_block": 30,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-14T18:47:45",
"op": [
"custom_json",
{
"required_auths": [],
"required_posting_auths": [
"universecrypto"
],
"id": "follow",
"json": "[\"follow\",{\"follower\":\"universecrypto\",\"following\":\"quoineliquid\",\"what\":[\"blog\"]}]"
}
]
}universecryptofollowed @quoineliquid2018/05/14 18:47:33
universecryptofollowed @quoineliquid
2018/05/14 18:47:33
| required auths | [] |
| required posting auths | ["universecrypto"] |
| id | follow |
| json | ["follow",{"follower":"universecrypto","following":"quoineliquid","what":["blog"]}] |
| Transaction Info | Block #22430461/Trx 3774b63004c2ae03b0c97ab0f240d325584a4064 |
View Raw JSON Data
{
"trx_id": "3774b63004c2ae03b0c97ab0f240d325584a4064",
"block": 22430461,
"trx_in_block": 13,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-14T18:47:33",
"op": [
"custom_json",
{
"required_auths": [],
"required_posting_auths": [
"universecrypto"
],
"id": "follow",
"json": "[\"follow\",{\"follower\":\"universecrypto\",\"following\":\"quoineliquid\",\"what\":[\"blog\"]}]"
}
]
}2018/05/09 11:37:24
2018/05/09 11:37:24
| parent author | universecrypto |
| parent permlink | crypto-trading-how-to-spot-potential-breakout-opportunities |
| author | cheetah |
| permlink | cheetah-re-universecryptocrypto-trading-how-to-spot-potential-breakout-opportunities |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://52patterns.com/articles/?ID=26 |
| json metadata | |
| Transaction Info | Block #22277875/Trx 9fe2360deb15fb473fa028b38dd056dc30c99957 |
View Raw JSON Data
{
"trx_id": "9fe2360deb15fb473fa028b38dd056dc30c99957",
"block": 22277875,
"trx_in_block": 37,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-09T11:37:24",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "crypto-trading-how-to-spot-potential-breakout-opportunities",
"author": "cheetah",
"permlink": "cheetah-re-universecryptocrypto-trading-how-to-spot-potential-breakout-opportunities",
"title": "",
"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://52patterns.com/articles/?ID=26",
"json_metadata": ""
}
]
}2018/05/09 11:37:12
2018/05/09 11:37:12
| voter | cheetah |
| author | universecrypto |
| permlink | crypto-trading-how-to-spot-potential-breakout-opportunities |
| weight | 8 (0.08%) |
| Transaction Info | Block #22277871/Trx 822032ef3ee6f0a99c101cc1d6164d5c66135cc7 |
View Raw JSON Data
{
"trx_id": "822032ef3ee6f0a99c101cc1d6164d5c66135cc7",
"block": 22277871,
"trx_in_block": 27,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-09T11:37:12",
"op": [
"vote",
{
"voter": "cheetah",
"author": "universecrypto",
"permlink": "crypto-trading-how-to-spot-potential-breakout-opportunities",
"weight": 8
}
]
}universecryptopublished a new post: crypto-trading-how-to-spot-potential-breakout-opportunities2018/05/09 10:52:27
universecryptopublished a new post: crypto-trading-how-to-spot-potential-breakout-opportunities
2018/05/09 10:52:27
| parent author | |
| parent permlink | will |
| author | universecrypto |
| permlink | crypto-trading-how-to-spot-potential-breakout-opportunities |
| title | Crypto Trading: How to Spot Potential Breakout Opportunities |
| body | Great traders will always go where the action is. Volatility, momentum, new highs, and liquidity are some of the key traits they’ll look for. Other times, there’s a fundamental reason for the break, including news, or event that’ll draw even more traders in. Just what is a breakout, though? A breakout occurs when a price clears a critical resistance points on a chart. It could be a trend line, support, or resistance level – all of which represents the sentiment of traders. However, before you trade any signs of what you believe to be a breakout, there must be confirmation. Or, you risk trading a false move that could result in a sharp reversal. Instead, we want to look for stabilization above prior resistance points to watch for new support. Here are four chart patterns to be aware of. No. 1 – The Reversal Break A reversal breakout can happen after a sharp down move with heavy volume. This can happen from a combination of bargain buyers watching oversold momentum indicators at support. Look at Ethereum Classic (ETC) for example. After catching double bottom support near its lower Bollinger Band with oversold over-extension on relative strength (RSI), MACD and Fast Stochastic, ETC began to pivot and break higher. What these over-extensions told us was that ETC was far too oversold at $15.  No. 2 – The Consolidation Break Breakouts can happen after a stretch of consolidation, or flat trading where prices stay within a tight range of highs and lows. Breaks from consolidation can happen on rising volume, or can rise quickly, and violently on volume spikes. In early April 2018 for example, Bitcoin (BTC) traded flat just under $7,000 for several days. At the same time, RSI, MACD and Fast Stochastic were stuck in oversold territory, as BTC struggled to break above its 50-day moving average. But as you can see once it broke out of consolidation above its 50-day moving average, the stock began to move aggressively higher from $7,000 to nearly $10,000 by May 2018. .png) Between July and November 2016, uncertainty over U.S. elections kept the market in an incredibly tight range. Once news broke of the election results, the index shot higher. It happened again between December 2016 and February 2017 before we saw a breakout from consolidation. Each time, news helped force it higher. No. 3 – The Pennant Break The pennant formation will take the shape of a symmetrical triangle, where support and resistance lines begin to converge upon one another. It’s typically a continuation pattern much like the flag formation that follows a large movement in a stock, followed by a brief period of consolidation, creating the pennant look, followed by a breakout movement in the same direction as the previous move. A flag pattern can show up in the middle of a trend and often give you another opportunity to buy. Typically, a flag will show up when the price of a stock moves up (bull) or down (bear) in a strong trend, but then pauses. .png) The price of the stock will then trade sideways in a narrow, sometimes sloping range. Drawn trend lines will represent support and resistance, as the stock is narrowing will form a rectangular shape – much with the look of a flag. Eventually, the price will break out of the flag pattern and continue the original paused trend. As with most patterns, there is a bullish and bearish version. With a bullish flag, you’ll notice the flag sloped down slightly after an incredible move higher. With a bearish flag, you’ll notice the flag sloped up after an incredible move lower. No. 4 – Support and Resistance When looking at fear and greed on a chart, we begin to look at the technical parameters of support and resistance, or a price floor or ceiling, as we noted in our initial discussion on support and resistance lines. When prices are falling to the floor, support represents the moment when buying begins to overwhelm selling and prices begin to bounce back. Conversely, when prices move to the ceiling, resistance is the point where selling begins to overwhelm buying and price increases begin to reverse. You can identify support and resistance by studying charts. Look for a series of low points when a stock continues to fall to a certain level, but then doesn’t fall any more. Typically this is support. And when you find a stock that rises to a certain high, but rises no more, you have found resistance points. The more times a stock bounce off support and resistance, the stronger these support and resistance lines become for technical analysis. If something repeats itself again and again, it becomes a stronger indicator of potential pivots at high or low points on a chart. Two ways to find great support and resistance is through the identification of double tops and bottoms, for example. If your stocks bounces off the same support level, or fails at the same resistance level at least twice, we can make an argument for selling or buying said asset at each pivot point. When it comes to double tops, these can typically be found at the peak of an upward trend, and can oftentimes be a signal that the prior upward move is beginning to weaken with buyers losing interest. A double bottom on the other hand is the opposite. It can signal the reversal of downtrend, and begin to show us strength after an asset pulls back. Once double bottom is proven to hold, an argument can be made for a potential reversal to the upside. If you can identify such patterns you increase your odds of success. Let’s look at ETC again for example. .png) Notice the failure at triple top resistance each time ETC attempts to break above $45. Each time, it failed and gave way to downside. Or, we can look at the double bottom support formed just under $15. Even if you’re not a big fan of technical analysis, it’s well worth paying attention to. |
| json metadata | {"tags":["will","represent","support","and","resistance"],"image":["https://steemitimages.com/DQmWGHjjqoutMwF15XUnr1wDoeJEttjqXvttymxBhQBSTig/unnamed.png","https://steemitimages.com/DQmNgrhvNKeTXnTCcUdRr1V68ckuZYtyMt7MvBQ1YcTn2XM/unnamed%20(1).png","https://steemitimages.com/DQme8xaPthmtMGhqpZahWDPapFM4xgDYmZrZnDe6u8odSew/unnamed%20(2).png","https://steemitimages.com/DQmRcmmqfHDETo68y3Ef1T6XdXHjvXuCzL5UneZh7nhTZSt/unnamed%20(3).png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #22276976/Trx 50e667d8930720a67326e0526bc5948514504a0e |
View Raw JSON Data
{
"trx_id": "50e667d8930720a67326e0526bc5948514504a0e",
"block": 22276976,
"trx_in_block": 28,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-05-09T10:52:27",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "will",
"author": "universecrypto",
"permlink": "crypto-trading-how-to-spot-potential-breakout-opportunities",
"title": "Crypto Trading: How to Spot Potential Breakout Opportunities",
"body": "Great traders will always go where the action is. \n\nVolatility, momentum, new highs, and liquidity are some of the key traits they’ll look for. Other times, there’s a fundamental reason for the break, including news, or event that’ll draw even more traders in.\n\nJust what is a breakout, though?\n\nA breakout occurs when a price clears a critical resistance points on a chart. It could be a trend line, support, or resistance level – all of which represents the sentiment of traders.\n\nHowever, before you trade any signs of what you believe to be a breakout, there must be confirmation. Or, you risk trading a false move that could result in a sharp reversal. Instead, we want to look for stabilization above prior resistance points to watch for new support. \n\n Here are four chart patterns to be aware of.\nNo. 1 – The Reversal Break\n\nA reversal breakout can happen after a sharp down move with heavy volume. This can happen from a combination of bargain buyers watching oversold momentum indicators at support. Look at Ethereum Classic (ETC) for example. After catching double bottom support near its lower Bollinger Band with oversold over-extension on relative strength (RSI), MACD and Fast Stochastic, ETC began to pivot and break higher. What these over-extensions told us was that ETC was far too oversold at $15.\n\n\nNo. 2 – The Consolidation Break\n\nBreakouts can happen after a stretch of consolidation, or flat trading where prices stay within a tight range of highs and lows. Breaks from consolidation can happen on rising volume, or can rise quickly, and violently on volume spikes. In early April 2018 for example, Bitcoin (BTC) traded flat just under $7,000 for several days. At the same time, RSI, MACD and Fast Stochastic were stuck in oversold territory, as BTC struggled to break above its 50-day moving average.\n\nBut as you can see once it broke out of consolidation above its 50-day moving average, the stock began to move aggressively higher from $7,000 to nearly $10,000 by May 2018.\n\n.png)\nBetween July and November 2016, uncertainty over U.S. elections kept the market in an incredibly tight range. Once news broke of the election results, the index shot higher. It happened again between December 2016 and February 2017 before we saw a breakout from consolidation. Each time, news helped force it higher.\n\nNo. 3 – The Pennant Break\n\nThe pennant formation will take the shape of a symmetrical triangle, where support and resistance lines begin to converge upon one another. It’s typically a continuation pattern much like the flag formation that follows a large movement in a stock, followed by a brief period of consolidation, creating the pennant look, followed by a breakout movement in the same direction as the previous move.\n\nA flag pattern can show up in the middle of a trend and often give you another opportunity to buy. Typically, a flag will show up when the price of a stock moves up (bull) or down (bear) in a strong trend, but then pauses.\n.png)\nThe price of the stock will then trade sideways in a narrow, sometimes sloping range. Drawn trend lines will represent support and resistance, as the stock is narrowing will form a rectangular shape – much with the look of a flag.\n\nEventually, the price will break out of the flag pattern and continue the original paused trend. As with most patterns, there is a bullish and bearish version. With a bullish flag, you’ll notice the flag sloped down slightly after an incredible move higher. \n\nWith a bearish flag, you’ll notice the flag sloped up after an incredible move lower.\n\nNo. 4 – Support and Resistance \n\nWhen looking at fear and greed on a chart, we begin to look at the technical parameters of support and resistance, or a price floor or ceiling, as we noted in our initial discussion on support and resistance lines.\n\nWhen prices are falling to the floor, support represents the moment when buying begins to overwhelm selling and prices begin to bounce back. Conversely, when prices move to the ceiling, resistance is the point where selling begins to overwhelm buying and price increases begin to reverse.\n\nYou can identify support and resistance by studying charts.\n\nLook for a series of low points when a stock continues to fall to a certain level, but then doesn’t fall any more. Typically this is support. And when you find a stock that rises to a certain high, but rises no more, you have found resistance points.\n\nThe more times a stock bounce off support and resistance, the stronger these support and resistance lines become for technical analysis. If something repeats itself again and again, it becomes a stronger indicator of potential pivots at high or low points on a chart.\n\nTwo ways to find great support and resistance is through the identification of double tops and bottoms, for example. If your stocks bounces off the same support level, or fails at the same resistance level at least twice, we can make an argument for selling or buying said asset at each pivot point.\n\nWhen it comes to double tops, these can typically be found at the peak of an upward trend, and can oftentimes be a signal that the prior upward move is beginning to weaken with buyers losing interest. \n\nA double bottom on the other hand is the opposite.\n\nIt can signal the reversal of downtrend, and begin to show us strength after an asset pulls back. Once double bottom is proven to hold, an argument can be made for a potential reversal to the upside.\n\nIf you can identify such patterns you increase your odds of success.\n\nLet’s look at ETC again for example.\n.png)\nNotice the failure at triple top resistance each time ETC attempts to break above $45. Each time, it failed and gave way to downside. Or, we can look at the double bottom support formed just under $15. Even if you’re not a big fan of technical analysis, it’s well worth paying attention to.",
"json_metadata": "{\"tags\":[\"will\",\"represent\",\"support\",\"and\",\"resistance\"],\"image\":[\"https://steemitimages.com/DQmWGHjjqoutMwF15XUnr1wDoeJEttjqXvttymxBhQBSTig/unnamed.png\",\"https://steemitimages.com/DQmNgrhvNKeTXnTCcUdRr1V68ckuZYtyMt7MvBQ1YcTn2XM/unnamed%20(1).png\",\"https://steemitimages.com/DQme8xaPthmtMGhqpZahWDPapFM4xgDYmZrZnDe6u8odSew/unnamed%20(2).png\",\"https://steemitimages.com/DQmRcmmqfHDETo68y3Ef1T6XdXHjvXuCzL5UneZh7nhTZSt/unnamed%20(3).png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}universecryptoreceived 0.012 SBD, 0.005 SP author reward for @universecrypto / make-explosive-gains-with-the-airbnb-of-digital-storage2018/04/30 09:18:48
universecryptoreceived 0.012 SBD, 0.005 SP author reward for @universecrypto / make-explosive-gains-with-the-airbnb-of-digital-storage
2018/04/30 09:18:48
| author | universecrypto |
| permlink | make-explosive-gains-with-the-airbnb-of-digital-storage |
| sbd payout | 0.012 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 8.146367 VESTS |
| Transaction Info | Block #22015972/Virtual Operation #19 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 22015972,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 19,
"timestamp": "2018-04-30T09:18:48",
"op": [
"author_reward",
{
"author": "universecrypto",
"permlink": "make-explosive-gains-with-the-airbnb-of-digital-storage",
"sbd_payout": "0.012 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "8.146367 VESTS"
}
]
}2018/04/28 11:41:33
2018/04/28 11:41:33
| parent author | universecrypto |
| parent permlink | top-10-coins-in-2020-prediction |
| author | cheetah |
| permlink | cheetah-re-universecryptotop-10-coins-in-2020-prediction |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://www.investinblockchain.com/top-10-coins-in-2020/ |
| json metadata | |
| Transaction Info | Block #21961240/Trx 60f4c984166ad1d212518241045ba9da14183db8 |
View Raw JSON Data
{
"trx_id": "60f4c984166ad1d212518241045ba9da14183db8",
"block": 21961240,
"trx_in_block": 39,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-28T11:41:33",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "top-10-coins-in-2020-prediction",
"author": "cheetah",
"permlink": "cheetah-re-universecryptotop-10-coins-in-2020-prediction",
"title": "",
"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.investinblockchain.com/top-10-coins-in-2020/",
"json_metadata": ""
}
]
}cheetahupvoted (0.08%) @universecrypto / top-10-coins-in-2020-prediction2018/04/28 11:41:30
cheetahupvoted (0.08%) @universecrypto / top-10-coins-in-2020-prediction
2018/04/28 11:41:30
| voter | cheetah |
| author | universecrypto |
| permlink | top-10-coins-in-2020-prediction |
| weight | 8 (0.08%) |
| Transaction Info | Block #21961239/Trx e260c367d8028e213491e44132a3a5b9eb8bf68e |
View Raw JSON Data
{
"trx_id": "e260c367d8028e213491e44132a3a5b9eb8bf68e",
"block": 21961239,
"trx_in_block": 17,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-28T11:41:30",
"op": [
"vote",
{
"voter": "cheetah",
"author": "universecrypto",
"permlink": "top-10-coins-in-2020-prediction",
"weight": 8
}
]
}universecryptopublished a new post: top-10-coins-in-2020-prediction2018/04/28 11:41:18
universecryptopublished a new post: top-10-coins-in-2020-prediction
2018/04/28 11:41:18
| parent author | |
| parent permlink | cryptocurrency |
| author | universecrypto |
| permlink | top-10-coins-in-2020-prediction |
| title | Top 10 Coins in 2020..Prediction! |
| body |  If predicting the future is challenging, then predicting the future implications of general purpose technology is nearly impossible. We’re going to try anyways. However, getting all the details right is not the goal. Instead, the exercise of trying to predict the future opens your mind to new and potentially interesting ideas. I can see a long-term future that looks something like this… We’re heading towards a more decentralized world. Blockchain (or the future evolution) and cryptocurrencies will be used by most businesses, most people, and, eventually, most governments. This technology (decentralized consensus) will underlie many of our future systems as we’ve created a fundamentally new way to establish trust globally, leading to great leaps in our social scalability. Technology by its nature is morally neutral, which means blockchain has the tremendous power to both help and hurt our future society. Hopefully when the dust settles, this revolution leads to a less violent, more free, open world. Predicting on a shorter timescale (let’s say by 2020) presents unique challenges. The shorter we make our timescale, the harder it becomes to predict the future state. Short term, we’re exposed to temporary risks that will not necessarily matter in the inevitable long term, such as temporary technology setbacks, geo-political events, risks of individual leaders, etc. In this article we’re going to examine the future on a short-term basis, and predict which projects will be in the top 10 by market cap in 2020. Predicting Market Dominance by 2020 I’m going to stack rank the top 10, but don’t get hung up with the order. Let’s not waste time debating the relative position of any project on this list. Without future ado, here are my predictions for the top 10 projects by market cap in 2020: 1)Bitcoin (BTC) 2)NEO 3)EOS.io (EOS) 4)Ethereum (ETH) 5)Litecoin (LTC) 6)Stellar Lumens (XLM) 7)WaltonChain (WTC) 8)tZERO (TZRO) 9)Ripple (XRP) 10)QASH #1 Bitcoin (BTC) Bitcoin will have the largest market cap by 2020 but will continue to lose market dominance. Historically, Bitcoin has slowly lost market dominance since 2013. What will drive BTC’s value? Institutional money, increased adoption driven by Lightning Network, its position as the global crypto reserve currency, and a potential global financial crisis. The Inevitable Flood of Institutional Money Is Not A Matter of “If,” It’s A Matter of “When” The CBOE is pushing the SEC to re-evaluate the Bitcoin ETF proposal. Big-name traditional investors such as George Soros have started investing in crypto. On April 12, $250 million of BTC was purchased over a 1-hour period. Institutional investors are smart and would almost certainly wait for a pull back before purchasing. With BTC reaching at a 70% discount from ATH, could this be the start of the flood? The Bitcoin Lightning Network Beta Is Live On The Mainnet It’s growing steadily but nowhere near ready for mainstream adoption. However, after another 2 years of development, Lightning Network will add immense value to the Bitcoin ecosystem. We could see mainstream applications (lApps) being launched on Lightning, major online retailers accepting Lightning payments, and a variety of micro-payment solutions being realized. A Global Financial Crisis Leads To An Increase In Bitcoin Value The ratio of debt to GDP has increased in all advanced economies since 2007. You would hope we’d learn our lesson from the 2008 financial crisis, but in fact the opposite is true. Are we headed for another global financial crisis? All signs point to yes, although predicting the timing is notoriously difficult. Global financial troubles will accelerate the transition to a crypto future and Bitcoin will absorb the highest percentage of capital. Even if we don’t see a global financial crisis by 2020, we will see continued capital flight from countries with unstable fiat currencies into a more sound money (bitcoin). We’ve already seen this play out with Argentina, Venezuela, and Cyprus. China is concerned with capital flight risks leading to heavy-handed regulations on the crypto economy. What About Bitcoin Cash? In a Darwinian sense, I support alternative currencies competing for dominance. Bitcoin and Bitcoin Cash are pursuing different strategies in regards to scaling. Over time we will see which solution (maybe both?) has merit. BCH has potential to win the merchant payment space, however over time I believe Lightning Network will dominate. Long-term, the Bitcoin Cash “big block” strategy is not the best solution to maintain decentralized and censorship resistant. For these reasons, I foresee Bitcoin Cash continuing to lose relative market cap and sliding out of the top 10. #2 NEO Revolutionary technology takes a long time to build and we’re largely still in the infrastructure phase. This means 95% of current applications will fail. We first need to build the foundational infrastructure in order for future applications to succeed. Platforms will continue to gobble up the majority of the value for years to come which is why investing in platforms is one of the most obvious crypto trends for 2018. This sentiment is loud and clear with my top 10 list. No “dapps” here, folks. Instead, everything on the list could be considered as infrastructure (Bitcoin and Litecoin included). NEO Will Be The Leading Platform In Two Years There are many reasons to like NEO. They have a devoted community, A layer-2 scaling solution (Trinity) is being built, many upcoming ICOs will add to the already robust ecosystem, and NEO is cozy with the Chinese government. NEO is unapologetically staying centralized (and censorable) for the near future until the ecosystem is mature enough to release into the wild. While I (and many others) disagree with NEO’s stance, it is the China way, and it’s undeniable that centralization is more efficient in some instances. We could see geopolitical tensions between the US and China heat up which may incent China to go all in on crypto. What does a state-sponsored crypto future look like in China? No one really knows, but the NEO ecosystem is prepared to be the major public infrastructure. Sure, we might see a “CrypoYuan” being created, but I that will only add value to NEO. #3 EOS.io (EOS) EOS will become the #1 operating system for enterprise applications in the west. If we’re going to see a decentralized Uber, Facebook, or Twitter—they’re going to be built on EOS. Outside of China, EOS will handle the lion’s share of the enterprise scale applications in the west leading to a massive increase in value. EOS is a high performance blockchain capable of scaling to handle enterprise-level volume. This scalability is achieved both through the consensus algorithm Delegated Proof of Stake (DPoS) and by utilizing theoretically infinite parallel chains. EOS also offers developers on Ethereum the ability to copy and paste their projects onto the EOS network. This will make it very easy for Ethereum projects to switch EOS. The future is bright for EOS. By mid-2018, their mainnet will launch with a massive scalability advantage, a well-funded rockstar team, and the ability to port projects from ETH onto EOS. Not to mention, EOS owns over a billion dollars’ worth of ETH tokens. They can dump these on the market whenever they choose, dropping the price of ETH and hurting confidence in this fickle market. #4 Ethereum (ETH) ETH will maintain relevance but will lose market share to EOS. Ethereum is in a very challenging position. ICOs are being cracked down, the future of scaling is unknown, and “blockchain 3.0” projects like EOS are nipping at their heels. Ethereum still has a massive lead over all other platforms in terms of network effect. But alliances can change quickly as the Ethereum network is not capable of handling the transaction load needed to run dapps. If you’re a developer, you can either wait for Ethereum to (hopefully) improve on scalability or you can jump to EOS where your application can perform as needed. I’ll be watching the race unfold: Can Ethereum improve on scalability before EOS and other platforms take too much market share? #5 Litecoin (LTC) Wherever Bitcoin goes, little brother Litecoin follows. I’m confident Litecoin will maintain market dominance due to inherit synergies (shared code) with Bitcoin, the network effect, and the compelling story of Litecoin being the silver to Bitcoin’s gold. It’s generally agreed that Bitcoin alone cannot serve as a the global payment network. This makes an easy case for Litecoin to share the network load. Litecoin will be completely interchangeable with Bitcoin via atomic swaps on the Lightning Network. #6 Stellar Lumens (XLM) XLM will become the top platform for enterprise-level payment infrastructure. Payments and banking infrastructure are an obvious use case for cryptocurrency. In this space, there are currently 2 main players: Ripple (XRP) and Stellar Lumens (XLM). At the time of writing, XRP has over 5x the market cap of XLM. By 2020, I predict this to be the inverse. XRP will maintain its dominance in the big bank settlement space, but everything else will go to XLM. Here are some areas where I see XLM winning market share: * Banking the unbanked (OMG is a contender here) * Remittance payments (a $500b industry ripe for the taking) * ICOs on Stellar (We’ve already seen Mobius, Kin, and Smartlands move to Stellar) * Cross-border payments (not including the big banks) * Stellar as a platform for decentralized exchanges such as SDEX * Stellar implementing the Lightning Network (potential atomic swaps with BTC/LTC) The use case for a payment network platform like Stellar is crystal clear. If Stellar can continue to innovate and build out its ecosystem, it will slowly but surely exceed Ripple in market cap by 2020. #7 WaltonChain (WTC) WTC will become the go-to platform for enterprise-level IoT. One of the most obvious use cases for blockchain is supply chain management. VeChain is currently leading this space in terms of market share, but WaltonChain will dominate the space in the long run. WaltonChain is much more ambitious than “another supply chain coin.” They are striving to create an all-inclusive, decentralized, enterprise-level IoT solution. WaltonChain solves the problem of how to incorporate physical assets onto the blockchain automatically with tiny chips. Through patented RFID technology, WTC can manufacture and insert their chips into pretty much anything. Combining hardware and software makes WTC more durable than other blockchain projects. WaltonChain is starting with a few specific “no-brainer” industries as a proof of concept before going into full-on production mode. However, they’ve already shown massive efficiency gains in the retail space. So far, WTC has announced “child chain” projects to manage shipping and logistics for a port in China, smart agriculture in China, power a smart city in Korea, among others. I won’t be surprised if WTC partners with Samsung, Alibaba, or another titan of industry. WTC has one of the longest roadmaps you will find and won’t be fully operational for mainstream applications until 2020, just in time for this arbitrary deadline we created for this article. Coincidence? I think not. #8 tZERO (TZRO) tZERO will become the NYSE of digital assets. The case for tokenizing all financial securities (stocks, bonds) and many real-world assets (real estate, art) is becoming quite clear. Tokenized securities provide several benefits over traditional financial products such as efficiency gains leading to decreased fees, reduced risk of financial manipulation, and increased access to investors since anyone with an internet connection can participate.You thought the ICO boom of 2017 was big? Just wait until traditional companies start tokenizing their assets. tZERO will become the New York Stock Exchange of Crypto making for a very valuable token by 2020. The tZERO token will pay 10% of adjusted gross revenue to token holders on a quarterly basis, subject to board approval and the conditions precedent (or substitute requirements) outlined in the offering memorandum. This promotes price stability by encouraging token holders to temporarily lock up tokens in order to receive. The tZERO platform is directly targeting Wall Street profits which is very ambitious. Luckily they have the team to pull it off. A few notable team members include: * Patrick Bryne – CEO of Overstock * Joe Cammarata – Pioneered NASDAQ market orders and the first off-exchange electronic trading system * Brock Pierce (advisor) – Chairman Bitcoin Foundation, Founder of EOS, * Anthony Di Lorio (advisor) – Co-founded Ethereum, CEO of Jaxx * Peter Diamandis (advisor) – chairman of X Prize Foundation, Co-founder of Singularity *University, NY Times bestselling author Given the enormous potential market size and the obvious benefits for both issuers and investors, if tZERO wins the tokenized securities space, they will be massive. #9 Ripple (XRP) XRP will dominate the institutional banking infrastructure. Much of the crypto community dislikes the ethos of Ripple (myself included) — however, just because the purists hate something, doesn’t mean it will go away. In fact, the opposite is true as Ripple might partner with Western Union and they may even replace the SWIFT network. I believe XLM will win the remittance market in the long run; however both Western Union and Moneygram are currently considering using XRP. #10 QASH QASH will be the leading platform for both retail and institutional investors trading crypto. While we have seen a meteoric rise of the centralized exchanges such as Binance, the exchange landscape will change dramatically by 2020. * Fiat gateways will be increasingly more prolific * Institutional investors will be trading crypto * Decentralized exchanges will be usable for retail investors Right in the middle of this transition is a massively undervalued project, QASH. By 2020, QASH’s LIQUID platform could be the leading platform for both retail and institutional investors looking to trade crypto. This is an ambitious goal, but they’re positioned well and they have the team to pull it off. Let’s take a look under the hood. Their main offering is the LIQUID platform which aggregates all major exchanges into a single trading platform, combined with financial services such as prime brokerage. A key feature of the LIQUID exchange is The World Book which will aggregate all major exchanges in the world into a unified trading platform. If this is done right, LIQUID will provide a single massive order book where users can trade the entire crypto market and get in and out of local fiat currencies. This includes emerging fiat currencies from African and SE Asian nations which currently do not have fiat-crypto gateways. By allowing these new markets to easily acquire cryptocurrencies, we’ll see an increase in global liquidity. Imagine a world where no one will have to send BTC/ETH from exchange to exchange in order to trade alts. Institutional money will never use decentralized exchanges. I’m certainly in favour of using decentralized exchanges to mitigate the custodial risks of centralized exchanges. But do you really think Goldman Sachs traders are going to be fiddling around with EtherDelta? Banks are under regulatory pressure which forces them to work exclusively with licensed businesses that follow all AML/KYC requirements. The QASH team has a deep history in the fintech space and will have the necessary banking licenses. Lastly, the LIQUID platform is suited to handle banking-level order management and matching systems by processing millions of orders per second. QASH is more than just an exchange.They are creating their own blockchain allowing developers to create applications leveraging the QASH token. The team also mentioned there will be some element of PoS paying dividends to holders. If the team at QASH can pull it off, there is no doubt that they will be a top 10 project by 2020. Final Thoughts By 2020, BTC and LTC will dominate the pure currency market with the help of the Lightning Network. NEO and EOS will surpass ETH in the platform space, billion-dollar enterprises will trust their supply chain data on the blockchain, and institutional money will flow into crypto via trading both digital assets and tokenized securities. That being said, anytime you’re dealing with the future there’s a distinct possibility of being completely wrong. I wouldn’t be surprised if one or more of these projects fails or a new player emerges that changes the landscape entirely. In other words, this is not financial advice and you shouldn’t bet the farm based on some internet guy’s ideas about the future. |
| json metadata | {"tags":["cryptocurrency","blockchain","technology","business","companies"],"image":["https://steemitimages.com/DQmRCVJZfLFmv9RPMPBkdR3cidZ8uSVFNiSB4opJYDyJUM4/Screenshot_2.png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21961235/Trx 84ceb25cb189a2f88419da8f747f5646052359f4 |
View Raw JSON Data
{
"trx_id": "84ceb25cb189a2f88419da8f747f5646052359f4",
"block": 21961235,
"trx_in_block": 34,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-28T11:41:18",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "cryptocurrency",
"author": "universecrypto",
"permlink": "top-10-coins-in-2020-prediction",
"title": "Top 10 Coins in 2020..Prediction!",
"body": "\nIf predicting the future is challenging, then predicting the future implications of general purpose technology is nearly impossible.\n\nWe’re going to try anyways.\n\nHowever, getting all the details right is not the goal. Instead, the exercise of trying to predict the future opens your mind to new and potentially interesting ideas.\n\nI can see a long-term future that looks something like this…\nWe’re heading towards a more decentralized world. Blockchain (or the future evolution) and cryptocurrencies will be used by most businesses, most people, and, eventually, most governments.\nThis technology (decentralized consensus) will underlie many of our future systems as we’ve created a fundamentally new way to establish trust globally, leading to great leaps in our social scalability.\nTechnology by its nature is morally neutral, which means blockchain has the tremendous power to both help and hurt our future society. Hopefully when the dust settles, this revolution leads to a less violent, more free, open world.\nPredicting on a shorter timescale (let’s say by 2020) presents unique challenges. The shorter we make our timescale, the harder it becomes to predict the future state. Short term, we’re exposed to temporary risks that will not necessarily matter in the inevitable long term, such as temporary technology setbacks, geo-political events, risks of individual leaders, etc.\n\nIn this article we’re going to examine the future on a short-term basis, and predict which projects will be in the top 10 by market cap in 2020.\n\nPredicting Market Dominance by 2020\nI’m going to stack rank the top 10, but don’t get hung up with the order. Let’s not waste time debating the relative position of any project on this list.\nWithout future ado, here are my predictions for the top 10 projects by market cap in 2020:\n\n1)Bitcoin (BTC)\n2)NEO\n3)EOS.io (EOS)\n4)Ethereum (ETH)\n5)Litecoin (LTC)\n6)Stellar Lumens (XLM)\n7)WaltonChain (WTC)\n8)tZERO (TZRO)\n9)Ripple (XRP)\n10)QASH\n\n#1 Bitcoin (BTC)\n\nBitcoin will have the largest market cap by 2020 but will continue to lose market dominance. Historically, Bitcoin has slowly lost market dominance since 2013.\nWhat will drive BTC’s value? Institutional money, increased adoption driven by Lightning Network, its position as the global crypto reserve currency, and a potential global financial crisis.\nThe Inevitable Flood of Institutional Money Is Not A Matter of “If,” It’s A Matter of “When”\nThe CBOE is pushing the SEC to re-evaluate the Bitcoin ETF proposal. Big-name traditional investors such as George Soros have started investing in crypto.\nOn April 12, $250 million of BTC was purchased over a 1-hour period. Institutional investors are smart and would almost certainly wait for a pull back before purchasing. With BTC reaching at a 70% discount from ATH, could this be the start of the flood?\n\nThe Bitcoin Lightning Network Beta Is Live On The Mainnet\nIt’s growing steadily but nowhere near ready for mainstream adoption. However, after another 2 years of development, Lightning Network will add immense value to the Bitcoin ecosystem. We could see mainstream applications (lApps) being launched on Lightning, major online retailers accepting Lightning payments, and a variety of micro-payment solutions being realized.\n\nA Global Financial Crisis Leads To An Increase In Bitcoin Value\nThe ratio of debt to GDP has increased in all advanced economies since 2007. You would hope we’d learn our lesson from the 2008 financial crisis, but in fact the opposite is true.\nAre we headed for another global financial crisis? All signs point to yes, although predicting the timing is notoriously difficult. Global financial troubles will accelerate the transition to a crypto future and Bitcoin will absorb the highest percentage of capital.\nEven if we don’t see a global financial crisis by 2020, we will see continued capital flight from countries with unstable fiat currencies into a more sound money (bitcoin). We’ve already seen this play out with Argentina, Venezuela, and Cyprus. China is concerned with capital flight risks leading to heavy-handed regulations on the crypto economy.\n\nWhat About Bitcoin Cash?\nIn a Darwinian sense, I support alternative currencies competing for dominance. Bitcoin and Bitcoin Cash are pursuing different strategies in regards to scaling. Over time we will see which solution (maybe both?) has merit.\n\nBCH has potential to win the merchant payment space, however over time I believe Lightning Network will dominate. Long-term, the Bitcoin Cash “big block” strategy is not the best solution to maintain decentralized and censorship resistant.\nFor these reasons, I foresee Bitcoin Cash continuing to lose relative market cap and sliding out of the top 10.\n\n#2 NEO\nRevolutionary technology takes a long time to build and we’re largely still in the infrastructure phase. This means 95% of current applications will fail. We first need to build the foundational infrastructure in order for future applications to succeed.\nPlatforms will continue to gobble up the majority of the value for years to come which is why investing in platforms is one of the most obvious crypto trends for 2018.\nThis sentiment is loud and clear with my top 10 list. No “dapps” here, folks. Instead, everything on the list could be considered as infrastructure (Bitcoin and Litecoin included).\n\nNEO Will Be The Leading Platform In Two Years\nThere are many reasons to like NEO. They have a devoted community, A layer-2 scaling solution (Trinity) is being built, many upcoming ICOs will add to the already robust ecosystem, and NEO is cozy with the Chinese government.\nNEO is unapologetically staying centralized (and censorable) for the near future until the ecosystem is mature enough to release into the wild. While I (and many others) disagree with NEO’s stance, it is the China way, and it’s undeniable that centralization is more efficient in some instances.\nWe could see geopolitical tensions between the US and China heat up which may incent China to go all in on crypto. What does a state-sponsored crypto future look like in China? No one really knows, but the NEO ecosystem is prepared to be the major public infrastructure. Sure, we might see a “CrypoYuan” being created, but I that will only add value to NEO.\n\n#3 EOS.io (EOS)\nEOS will become the #1 operating system for enterprise applications in the west.\nIf we’re going to see a decentralized Uber, Facebook, or Twitter—they’re going to be built on EOS.\nOutside of China, EOS will handle the lion’s share of the enterprise scale applications in the west leading to a massive increase in value. EOS is a high performance blockchain capable of scaling to handle enterprise-level volume. This scalability is achieved both through the consensus algorithm Delegated Proof of Stake (DPoS) and by utilizing theoretically infinite parallel chains.\nEOS also offers developers on Ethereum the ability to copy and paste their projects onto the EOS network. This will make it very easy for Ethereum projects to switch EOS.\nThe future is bright for EOS. By mid-2018, their mainnet will launch with a massive scalability advantage, a well-funded rockstar team, and the ability to port projects from ETH onto EOS.\nNot to mention, EOS owns over a billion dollars’ worth of ETH tokens. They can dump these on the market whenever they choose, dropping the price of ETH and hurting confidence in this fickle market.\n\n\n\n\n#4 Ethereum (ETH)\nETH will maintain relevance but will lose market share to EOS.\nEthereum is in a very challenging position. ICOs are being cracked down, the future of scaling is unknown, and “blockchain 3.0” projects like EOS are nipping at their heels.\n\nEthereum still has a massive lead over all other platforms in terms of network effect. But alliances can change quickly as the Ethereum network is not capable of handling the transaction load needed to run dapps. If you’re a developer, you can either wait for Ethereum to (hopefully) improve on scalability or you can jump to EOS where your application can perform as needed.\nI’ll be watching the race unfold: Can Ethereum improve on scalability before EOS and other platforms take too much market share?\n\n#5 Litecoin (LTC)\nWherever Bitcoin goes, little brother Litecoin follows.\nI’m confident Litecoin will maintain market dominance due to inherit synergies (shared code) with Bitcoin, the network effect, and the compelling story of Litecoin being the silver to Bitcoin’s gold.\n\nIt’s generally agreed that Bitcoin alone cannot serve as a the global payment network. This makes an easy case for Litecoin to share the network load. Litecoin will be completely interchangeable with Bitcoin via atomic swaps on the Lightning Network.\n\n#6 Stellar Lumens (XLM)\nXLM will become the top platform for enterprise-level payment infrastructure.\nPayments and banking infrastructure are an obvious use case for cryptocurrency. In this space, there are currently 2 main players: Ripple (XRP) and Stellar Lumens (XLM). At the time of writing, XRP has over 5x the market cap of XLM.\n\nBy 2020, I predict this to be the inverse. XRP will maintain its dominance in the big bank settlement space, but everything else will go to XLM.\n\nHere are some areas where I see XLM winning market share:\n* Banking the unbanked (OMG is a contender here)\n* Remittance payments (a $500b industry ripe for the taking)\n* ICOs on Stellar (We’ve already seen Mobius, Kin, and Smartlands move to Stellar)\n* Cross-border payments (not including the big banks)\n* Stellar as a platform for decentralized exchanges such as SDEX\n* Stellar implementing the Lightning Network (potential atomic swaps with BTC/LTC)\n\nThe use case for a payment network platform like Stellar is crystal clear. If Stellar can continue to innovate and build out its ecosystem, it will slowly but surely exceed Ripple in market cap by 2020.\n\n#7 WaltonChain (WTC)\nWTC will become the go-to platform for enterprise-level IoT.\nOne of the most obvious use cases for blockchain is supply chain management. VeChain is currently leading this space in terms of market share, but WaltonChain will dominate the space in the long run.\n\nWaltonChain is much more ambitious than “another supply chain coin.” They are striving to create an all-inclusive, decentralized, enterprise-level IoT solution.\nWaltonChain solves the problem of how to incorporate physical assets onto the blockchain automatically with tiny chips. Through patented RFID technology, WTC can manufacture and insert their chips into pretty much anything. Combining hardware and software makes WTC more durable than other blockchain projects.\n\nWaltonChain is starting with a few specific “no-brainer” industries as a proof of concept before going into full-on production mode. However, they’ve already shown massive efficiency gains in the retail space. So far, WTC has announced “child chain” projects to manage shipping and logistics for a port in China, smart agriculture in China, power a smart city in Korea, among others.\n\nI won’t be surprised if WTC partners with Samsung, Alibaba, or another titan of industry.\nWTC has one of the longest roadmaps you will find and won’t be fully operational for mainstream applications until 2020, just in time for this arbitrary deadline we created for this article. Coincidence? I think not.\n\n#8 tZERO (TZRO)\ntZERO will become the NYSE of digital assets.\nThe case for tokenizing all financial securities (stocks, bonds) and many real-world assets (real estate, art) is becoming quite clear. Tokenized securities provide several benefits over traditional financial products such as efficiency gains leading to decreased fees, reduced risk of financial manipulation, and increased access to investors since anyone with an internet connection can participate.You thought the ICO boom of 2017 was big? Just wait until traditional companies start tokenizing their assets.\n\ntZERO will become the New York Stock Exchange of Crypto making for a very valuable token by 2020.\n\nThe tZERO token will pay 10% of adjusted gross revenue to token holders on a quarterly basis, subject to board approval and the conditions precedent (or substitute requirements) outlined in the offering memorandum. This promotes price stability by encouraging token holders to temporarily lock up tokens in order to receive.\n\nThe tZERO platform is directly targeting Wall Street profits which is very ambitious. Luckily they have the team to pull it off.\nA few notable team members include:\n* Patrick Bryne – CEO of Overstock\n* Joe Cammarata – Pioneered NASDAQ market orders and the first off-exchange electronic trading system\n* Brock Pierce (advisor) – Chairman Bitcoin Foundation, Founder of EOS,\n* Anthony Di Lorio (advisor) – Co-founded Ethereum, CEO of Jaxx\n* Peter Diamandis (advisor) – chairman of X Prize Foundation, Co-founder of Singularity *University, NY Times bestselling author\n\nGiven the enormous potential market size and the obvious benefits for both issuers and investors, if tZERO wins the tokenized securities space, they will be massive.\n\n#9 Ripple (XRP)\n\nXRP will dominate the institutional banking infrastructure.\nMuch of the crypto community dislikes the ethos of Ripple (myself included) — however, just because the purists hate something, doesn’t mean it will go away. In fact, the opposite is true as Ripple might partner with Western Union and they may even replace the SWIFT network.\n\nI believe XLM will win the remittance market in the long run; however both Western Union and Moneygram are currently considering using XRP.\n\n#10 QASH\nQASH will be the leading platform for both retail and institutional investors trading crypto.\nWhile we have seen a meteoric rise of the centralized exchanges such as Binance, the exchange landscape will change dramatically by 2020.\n* Fiat gateways will be increasingly more prolific\n* Institutional investors will be trading crypto\n* Decentralized exchanges will be usable for retail investors\nRight in the middle of this transition is a massively undervalued project, QASH.\n\nBy 2020, QASH’s LIQUID platform could be the leading platform for both retail and institutional investors looking to trade crypto. This is an ambitious goal, but they’re positioned well and they have the team to pull it off. Let’s take a look under the hood.\nTheir main offering is the LIQUID platform which aggregates all major exchanges into a single trading platform, combined with financial services such as prime brokerage.\n\nA key feature of the LIQUID exchange is The World Book which will aggregate all major exchanges in the world into a unified trading platform. If this is done right, LIQUID will provide a single massive order book where users can trade the entire crypto market and get in and out of local fiat currencies.\n\nThis includes emerging fiat currencies from African and SE Asian nations which currently do not have fiat-crypto gateways. By allowing these new markets to easily acquire cryptocurrencies, we’ll see an increase in global liquidity.\n\nImagine a world where no one will have to send BTC/ETH from exchange to exchange in order to trade alts.\nInstitutional money will never use decentralized exchanges. I’m certainly in favour of using decentralized exchanges to mitigate the custodial risks of centralized exchanges. But do you really think Goldman Sachs traders are going to be fiddling around with EtherDelta?\nBanks are under regulatory pressure which forces them to work exclusively with licensed businesses that follow all AML/KYC requirements. The QASH team has a deep history in the fintech space and will have the necessary banking licenses.\n\nLastly, the LIQUID platform is suited to handle banking-level order management and matching systems by processing millions of orders per second.\nQASH is more than just an exchange.They are creating their own blockchain allowing developers to create applications leveraging the QASH token. The team also mentioned there will be some element of PoS paying dividends to holders.\nIf the team at QASH can pull it off, there is no doubt that they will be a top 10 project by 2020.\n\nFinal Thoughts\nBy 2020, BTC and LTC will dominate the pure currency market with the help of the Lightning Network. NEO and EOS will surpass ETH in the platform space, billion-dollar enterprises will trust their supply chain data on the blockchain, and institutional money will flow into crypto via trading both digital assets and tokenized securities.\n\nThat being said, anytime you’re dealing with the future there’s a distinct possibility of being completely wrong. I wouldn’t be surprised if one or more of these projects fails or a new player emerges that changes the landscape entirely.\n\nIn other words, this is not financial advice and you shouldn’t bet the farm based on some internet guy’s ideas about the future.",
"json_metadata": "{\"tags\":[\"cryptocurrency\",\"blockchain\",\"technology\",\"business\",\"companies\"],\"image\":[\"https://steemitimages.com/DQmRCVJZfLFmv9RPMPBkdR3cidZ8uSVFNiSB4opJYDyJUM4/Screenshot_2.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}yeheyupvoted (10.00%) @universecrypto / thoughts-on-crypto-and-the-imminent-altseason2018/04/27 09:04:21
yeheyupvoted (10.00%) @universecrypto / thoughts-on-crypto-and-the-imminent-altseason
2018/04/27 09:04:21
| voter | yehey |
| author | universecrypto |
| permlink | thoughts-on-crypto-and-the-imminent-altseason |
| weight | 1000 (10.00%) |
| Transaction Info | Block #21929307/Trx 3b13dc81de7de5e37e351c124a8cd7791eee8292 |
View Raw JSON Data
{
"trx_id": "3b13dc81de7de5e37e351c124a8cd7791eee8292",
"block": 21929307,
"trx_in_block": 23,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-27T09:04:21",
"op": [
"vote",
{
"voter": "yehey",
"author": "universecrypto",
"permlink": "thoughts-on-crypto-and-the-imminent-altseason",
"weight": 1000
}
]
}raureupvoted (100.00%) @universecrypto / ten-hacker-proof-steps-to-secure-your-crypto-assets2018/04/27 08:47:51
raureupvoted (100.00%) @universecrypto / ten-hacker-proof-steps-to-secure-your-crypto-assets
2018/04/27 08:47:51
| voter | raure |
| author | universecrypto |
| permlink | ten-hacker-proof-steps-to-secure-your-crypto-assets |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21928977/Trx ccbc19caf04514af2fbcdc98ff13175a87bc24e8 |
View Raw JSON Data
{
"trx_id": "ccbc19caf04514af2fbcdc98ff13175a87bc24e8",
"block": 21928977,
"trx_in_block": 50,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-27T08:47:51",
"op": [
"vote",
{
"voter": "raure",
"author": "universecrypto",
"permlink": "ten-hacker-proof-steps-to-secure-your-crypto-assets",
"weight": 10000
}
]
}2018/04/27 08:47:51
2018/04/27 08:47:51
| parent author | universecrypto |
| parent permlink | ten-hacker-proof-steps-to-secure-your-crypto-assets |
| author | cheetah |
| permlink | cheetah-re-universecryptoten-hacker-proof-steps-to-secure-your-crypto-assets |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://hackernoon.com/ten-hacker-proof-steps-to-secure-your-crypto-assets-b564fe938e8 |
| json metadata | |
| Transaction Info | Block #21928977/Trx 00934175d51d7f8e52ec845cd8ccf91d7d8335fc |
View Raw JSON Data
{
"trx_id": "00934175d51d7f8e52ec845cd8ccf91d7d8335fc",
"block": 21928977,
"trx_in_block": 23,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-27T08:47:51",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "ten-hacker-proof-steps-to-secure-your-crypto-assets",
"author": "cheetah",
"permlink": "cheetah-re-universecryptoten-hacker-proof-steps-to-secure-your-crypto-assets",
"title": "",
"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://hackernoon.com/ten-hacker-proof-steps-to-secure-your-crypto-assets-b564fe938e8",
"json_metadata": ""
}
]
}cheetahupvoted (0.08%) @universecrypto / ten-hacker-proof-steps-to-secure-your-crypto-assets2018/04/27 08:47:36
cheetahupvoted (0.08%) @universecrypto / ten-hacker-proof-steps-to-secure-your-crypto-assets
2018/04/27 08:47:36
| voter | cheetah |
| author | universecrypto |
| permlink | ten-hacker-proof-steps-to-secure-your-crypto-assets |
| weight | 8 (0.08%) |
| Transaction Info | Block #21928972/Trx d43fd654e26aeb0f51bdda45be221353ac8ab960 |
View Raw JSON Data
{
"trx_id": "d43fd654e26aeb0f51bdda45be221353ac8ab960",
"block": 21928972,
"trx_in_block": 13,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-27T08:47:36",
"op": [
"vote",
{
"voter": "cheetah",
"author": "universecrypto",
"permlink": "ten-hacker-proof-steps-to-secure-your-crypto-assets",
"weight": 8
}
]
}universecryptopublished a new post: ten-hacker-proof-steps-to-secure-your-crypto-assets2018/04/27 08:47:09
universecryptopublished a new post: ten-hacker-proof-steps-to-secure-your-crypto-assets
2018/04/27 08:47:09
| parent author | |
| parent permlink | security |
| author | universecrypto |
| permlink | ten-hacker-proof-steps-to-secure-your-crypto-assets |
| title | Ten Hacker-Proof Steps to Secure Your Crypto Assets |
| body | The purpose of this post is to help you understand — in 10 steps — how you can reduce, to the minimum, the chances of an attacker gaining access to your private passwords. Furthermore, you will learn how to store your keys and never lose access to your wallet(s) regardless of situation. According to a report by CNN, hundreds of millions of dollars (in Bitcoin) have been stolen by hackers from accounts of people from all over the world. Crypto wallets are getting hacked every day and assailants are making away with people’s assets. Furthermore, another report, this time by The Genesis Block in 2015, claims that almost 35% of the 14 million+ Bitcoin mined at the time had not been spent or accessed since 2011. The assumption is: a large percentage of that figure (4.9 million BTC) had been lost due to carelessness on the part of the owner. The reasons why the two instances mentioned above are a present danger as regards cryptocurrency is simple. If a hacker gains access to your wallet and sends out your coins, the transaction is non-reversible and the identity of a hacker is hardly traceable. Additionally, crypto assets are secured in wallets whose IDs cannot be recovered from the parent company; once you lose it, it’s lost for life. As a result, securing your crypto assets in the most extensive way possible is no longer optional, it is compulsory. Due to the cost of the services listed below, this guide is most suitable for individuals with $2000 or more worth of crypto assets. The steps are: Purchase two Ledger Nano S. 2. Install 1Password and subscribe to their “For Families” plan to automatically synchronize and store your passwords in the cloud (to remove the chance that you may lose access to the database, at least as long as you remember your master password). 3. Install Authy on 2 devices (preferably a mobile phone and a laptop), and ensure that it synchronizes OTP and 2FA keys across both devices. 4. Create a master password for 1Password; the longer the password, the better. The hardest passwords to crack are long sentences and/or randomly-generated characters e.g. action-and-reaction-are-equal-and-opposite-except-on-Wednesdays AW<VBHF%&(#@)19083T27{+?/[}BDWOKG5. 5. Create another master password for Authy (never use the same passwords for two websites or applications). 6. If you trade cryptos, create a dedicated email to use when trading and secure it with a strong 1Password-generated password. Then secure it with OTP 2FA and store the seed key in Authy. Do not use Google Authenticator (unlike Authy, it will not back up your seeds for you, you have to do it yourself). Never use 2FA recovery codes (you’re vulnerable to social engineering). Disable SMS 2FA (they can be exploited). 7. Register all your exchange accounts with the email address created in 6 above. Protect each account with a strong password and store it in 1Password. Further protect each account with OTP 2FA and store the key in Authy. 8. Set up one of the Ledger Nano S purchased from step 1 and protect your mnemonic as follows: Split your 24-character mnemonic into 2 parts. Encrypt both parts with any tool of your choosing, then store the encryption keys in 1Password. Get 4 storage services that support 2FA. Good options include Google Drive, AWS S3, GitHub (BitBucket) private repo, and Dropbox. Enable 2FA on all four of them and store the OTP 2FA seeds in Authy. Put one part of the encrypted mnemonic in 2 of the storage services, and the other part in the remaining 2. 9. Erase and restore the ledger with your mnemonic before sending any assets there to verify that everything is working. 10. Take your second ledger and restore it with the same mnemonic; it will serve as a mirror image of the first one in case you lose it. Put this ledger into cold storage, somewhere you can access within a day. And we’re done. Phew! Quite extensive, no? Well, that’s the price you have to pay to keep your cryptocurrency assets away from lurking attackers. If you follow each step precisely as stated, your assets are as safe as they are ever going to be, and except you give someone else access, no one but you will ever be able to reach them. IMPORTANT DISCLAIMERS Always store your coins in your ledger, never on exchanges. Do not use your mnemonic leisurely; access it only when you absolutely need to. Remove the key man risk: if you get fatally hurt or suffer from amnesia, your assets shouldn’t be lost forever. Choose a person you trust with your money and educate him/her on how to exchange crypto to fiat and withdraw your funds. You can remove the third-party risk in the step above by putting the private info (e.g. your ledger’s pin code) in the custody of a lawyer/escrow/safety deposit box under orders that the other person can only access it upon your demise. The cryptocurrency scene is starting to take off considerably, and the focus of the whole world is on it. This means that scammers will be stepping up their game in order to relieve people of their assets, and I’m sure you don’t need to be told that this is the worst possible time to lose your crypto. Therefore, it is important that you also step your game up and shore up your account security extensively. |
| json metadata | {"tags":["security","cryptocurrency","blockchain","trading"],"image":["https://steemitimages.com/DQmR5PE1d872zrWckqe5ewayr2NKtbDdyfRjj3vpJVX9frq/Screenshot_6.png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21928963/Trx 9decaf1e3186ad17605dded8f9b2cfe092d158bc |
View Raw JSON Data
{
"trx_id": "9decaf1e3186ad17605dded8f9b2cfe092d158bc",
"block": 21928963,
"trx_in_block": 31,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-27T08:47:09",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "security",
"author": "universecrypto",
"permlink": "ten-hacker-proof-steps-to-secure-your-crypto-assets",
"title": "Ten Hacker-Proof Steps to Secure Your Crypto Assets",
"body": "The purpose of this post is to help you understand — in 10 steps — how you can reduce, to the minimum, the chances of an attacker gaining access to your private passwords. Furthermore, you will learn how to store your keys and never lose access to your wallet(s) regardless of situation.\n\nAccording to a report by CNN, hundreds of millions of dollars (in Bitcoin) have been stolen by hackers from accounts of people from all over the world. Crypto wallets are getting hacked every day and assailants are making away with people’s assets.\n\nFurthermore, another report, this time by The Genesis Block in 2015, claims that almost 35% of the 14 million+ Bitcoin mined at the time had not been spent or accessed since 2011. The assumption is: a large percentage of that figure (4.9 million BTC) had been lost due to carelessness on the part of the owner.\n\nThe reasons why the two instances mentioned above are a present danger as regards cryptocurrency is simple. If a hacker gains access to your wallet and sends out your coins, the transaction is non-reversible and the identity of a hacker is hardly traceable. Additionally, crypto assets are secured in wallets whose IDs cannot be recovered from the parent company; once you lose it, it’s lost for life.\n\nAs a result, securing your crypto assets in the most extensive way possible is no longer optional, it is compulsory.\n\nDue to the cost of the services listed below, this guide is most suitable for individuals with $2000 or more worth of crypto assets.\n\nThe steps are:\n\nPurchase two Ledger Nano S.\n2. Install 1Password and subscribe to their “For Families” plan to automatically synchronize and store your passwords in the cloud (to remove the chance that you may lose access to the database, at least as long as you remember your master password).\n\n3. Install Authy on 2 devices (preferably a mobile phone and a laptop), and ensure that it synchronizes OTP and 2FA keys across both devices.\n\n4. Create a master password for 1Password; the longer the password, the better. The hardest passwords to crack are long sentences and/or randomly-generated characters e.g.\n\naction-and-reaction-are-equal-and-opposite-except-on-Wednesdays\nAW<VBHF%&(#@)19083T27{+?/[}BDWOKG5.\n5. Create another master password for Authy (never use the same passwords for two websites or applications).\n\n6. If you trade cryptos, create a dedicated email to use when trading and secure it with a strong 1Password-generated password. Then secure it with OTP 2FA and store the seed key in Authy.\n\nDo not use Google Authenticator (unlike Authy, it will not back up your seeds for you, you have to do it yourself).\nNever use 2FA recovery codes (you’re vulnerable to social engineering).\nDisable SMS 2FA (they can be exploited).\n7. Register all your exchange accounts with the email address created in 6 above. Protect each account with a strong password and store it in 1Password. Further protect each account with OTP 2FA and store the key in Authy.\n\n8. Set up one of the Ledger Nano S purchased from step 1 and protect your mnemonic as follows:\n\nSplit your 24-character mnemonic into 2 parts.\nEncrypt both parts with any tool of your choosing, then store the encryption keys in 1Password.\nGet 4 storage services that support 2FA. Good options include Google Drive, AWS S3, GitHub (BitBucket) private repo, and Dropbox.\nEnable 2FA on all four of them and store the OTP 2FA seeds in Authy.\nPut one part of the encrypted mnemonic in 2 of the storage services, and the other part in the remaining 2.\n9. Erase and restore the ledger with your mnemonic before sending any assets there to verify that everything is working.\n\n10. Take your second ledger and restore it with the same mnemonic; it will serve as a mirror image of the first one in case you lose it. Put this ledger into cold storage, somewhere you can access within a day.\n\nAnd we’re done. Phew! Quite extensive, no? Well, that’s the price you have to pay to keep your cryptocurrency assets away from lurking attackers. If you follow each step precisely as stated, your assets are as safe as they are ever going to be, and except you give someone else access, no one but you will ever be able to reach them.\n\nIMPORTANT DISCLAIMERS\n\nAlways store your coins in your ledger, never on exchanges.\nDo not use your mnemonic leisurely; access it only when you absolutely need to.\nRemove the key man risk: if you get fatally hurt or suffer from amnesia, your assets shouldn’t be lost forever. Choose a person you trust with your money and educate him/her on how to exchange crypto to fiat and withdraw your funds.\nYou can remove the third-party risk in the step above by putting the private info (e.g. your ledger’s pin code) in the custody of a lawyer/escrow/safety deposit box under orders that the other person can only access it upon your demise.\nThe cryptocurrency scene is starting to take off considerably, and the focus of the whole world is on it. This means that scammers will be stepping up their game in order to relieve people of their assets, and I’m sure you don’t need to be told that this is the worst possible time to lose your crypto. Therefore, it is important that you also step your game up and shore up your account security extensively.",
"json_metadata": "{\"tags\":[\"security\",\"cryptocurrency\",\"blockchain\",\"trading\"],\"image\":[\"https://steemitimages.com/DQmR5PE1d872zrWckqe5ewayr2NKtbDdyfRjj3vpJVX9frq/Screenshot_6.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}universecryptopublished a new post: thoughts-on-crypto-and-the-imminent-altseason2018/04/27 08:41:51
universecryptopublished a new post: thoughts-on-crypto-and-the-imminent-altseason
2018/04/27 08:41:51
| parent author | |
| parent permlink | blockchain |
| author | universecrypto |
| permlink | thoughts-on-crypto-and-the-imminent-altseason |
| title | Thoughts on Crypto and the “imminent” Altseason |
| body |  I want to share with you what I personally think is the outlook on altcoin markets in the coming weeks and months. This is based on my experience of having traded stocks (and lost almost all my money) in the .com bubble of the 2000s, as well as years as a professional money manager. I want to stress though that none of this is my professional opionion and none of this is financial advice. It is merely my personal opinion and any assets can collapse to zero or rise astronomically in value. I do not know more than you do, but I have been there before. The crypto market has been in a bubble since at least Q3 2017 At the time (Nov 1st), I posted a long story as to why this is a bubble and all of these reasons are still just as valid now as they were then. You can find the story here. The signs were obvious and I do hope that we can now agree that the moves of the last 6–12 months were indeed the building of a massive bubble. If we can’t then you won’t like what I write next. But maybe that is a good reason to keep reading anyways. What I think is important is that we briefly revisit the signs and reasons that crypto is a bubble: Bitcoin is a technology that represents a lot of promise and no doubt will massively impact the world we live in. However, time and time again, people have made the same exact mistake — overestimate the impact of a new technology in the short run and underestimate it in the long run. We are very much still in the short term for anyone wondering. Bitcoin has such a large possibility of “final” valuation outcomes that it is hard to put a number to it. Using traditional methods (me here, very unscientifically) or novel methods when applied in a neutral, level-headed way, you get to much, much lower figures than where we are today. A good paper to read is this paper by researchers from engineering school ETH Zurich. So people come up with new methods to explain the current value. We have seen that before in the .com bubble. It is pure hopium. Nota Bene: I still wonder if any of the people claiming “Bitcoin is like owning TCP/IP or SWIFT” have ever done the calculation. I believe neither TCP/IP, nor SWIFT, separately valued is worth $100bn+ Crypto as a whole has largely attracted a completely different group of investors compared to the “traditional” set of investors. This is largely anectdotal in terms of evidence, but the large majority of people that I engage with on crypto have never in their lives invested in equity or bonds. That has important ramifications. Firstly, none of these people has experienced (I mean trading and losing money) the .com bubble and will not be “warned” in that sense. Secondly, there are actual reasons why regulators do not simply allow anyone with some money to trade stocks unless they get a primer from their bank or answer a number of questions regarding experience to the affirmative. This is not an evil plan by evil governments to keep the money away from regular folks, but rather a reflection that there is a certain amount of education and experience that is recommendable when you invest your own money (I am not arguing governments are doing a great job at that education). The result is a market that is full of people investing their life savings due to greed and fear and nothing else. This is also why technical analysis seems to work so well in crypto. When the market matures it won’t anymore. In a way, crypto currently is closer to a cult than to any kind of market. People either believe or they don’t. There is no discrimination between assets according to quality. Yes everyone understands that bitcoin and ethereum are the top dogs, but after that people get scammed time and again into bidding up frauds like bitconnect. I personally think the Top 20 on coinmarketcap is 50% made up of scams. This was the same in the .com bubble when any company that added .com to their name became an instant favorite. And maybe last but certainly not least, crypto is void of regulation. Whether it is the tether organization wildly printing fake US Dollars to prop up bitcoin’s price (up until they were subpoenaed…) or spoofing, wash trading, insider dealing and organized pump and dumps — all of them hurt the crypto market. It is vital that the crypto community realizes that regulations like outlawing the above (they are currently LEGAL in crypto) are not evil, they are common sense that people have agreed should prevail in organized markets. Their absence in crypto is making the moves even less connected to any fundamentals. The Altcoin landscape Altcoins currently can be split (broadly) into three categories: a) Coins that act as a platform or as a host for future applications, smart contracts or new developments on the blockchain. Let’s call these “platform coins”. I am avoiding the term “utility token” because that has been pirated by useless coins that pretend to not be securities. Importantly, all coins in this category have a working blockchain and are NOT simply tagging on to the Ethereum blockchain. b) Coins that simply offer monetary transmission or stores of value in a different manner (for example by offering privacy or by claiming a direct peg to an asset like Gold). Let’s call them asset coins. These also need their own working blockchain (and an audit…). c) Coins that are supposed to be used for some payment on a product or an app (usually yet to be released) by the users of that product or simply coins that are supposedly somehow tied to a start up that runs them. Let’s call them what they are — security token. It does not in this case matter if the token were ICO’d or airdropped. They are securities. I will not go into detail here or argue this much more, but it is plainly obvious that token such as these are bought for one reason only — price appreciation. Anything that is “betting” on the success of a company and is bought and sold in anticipation of higher prices primarily is a security. Almost all of these coins are token on the Ethereum (or another) blockchain without their own chain. You can read here which kind of use cases I can see for crypto in the future and therefore you can probably guess why I think only those coins in category a) and b) have any hope for survival. The current generation of security token offer nothing — they do not offer any defendable rights (see the changes in promises by TenX, Monaco, Polymath and a host of others regarding their token since they ICO’d or airdropped) and have absolutely no utility whatsoever. They only exist because there are fools who buy them in the hopes of striking it rich. The coming Altseason You may have guessed that by putting that “imminent” part into quotation marks I am not really thinking that the next altseason is near. I am in fact mainly writing this post as I think it is important to consider for those that have put their savings in some collection of “bags”. Let’s recap what happened in the cryptosphere since basically the end of 2016: Towards the end of 2016, Ethereum held the world’s first (I know it was not the first…) noticeable ICO in the The DAO which was a VC type set up where people would vote and send their DAOs to projects they wanted to fund via a platform. This was the start of the current ICO boom (I will not go into the issues that ICO had, it is irrelevant for the article). Due to the (perceived) success of early ICOs, where people who invested in the crowdsale actually 10x their money (in USD terms, usually NOT in btc terms…) quickly, more and more retail investors rushed into Ethereum (making its price rise astronomically) to be a part of the new gold rush. As Ethereum (and some other platform coins) churned out an average of 3–5 ICOs per day over the course of 2017, more and more of these coins received their own listing on the well-known crypto exchanges and people went mad for the little colorful icons in blockfolio and for the promises by development teams. VC companies saw a legitimate way to divest their worst businesses and joined the party. After all, who would pass up the opportunity to raise a lot of assets for nothing (yes, nothing!) in return. A token has no equity rights, no debt rights and as for perceived legal practice won’t even have to ever be regarded in any kind of future product. It can just die. A perfect opportunity. Especially as there was now the private pre-sale, the public pre-sale and the ICO with falling “discounts” over the time it happened. Three money grabs in a row. Just plain amazing. With all these coins trading on unregulated exchanges, pump and dump groups (usually paid) or large investors (“whales”) have an easy time moving prices any way they like. Of course when they pushed prices up they created “fear of missing out” (FOMO) on the “next bitcoin” with the huge group of inexperienced retail investors. The fact that little people in the cryptosphere seem to think this is a terrible tragedy that is well worth some poeple going to jail as opposed to constantly arguing against regulation is mind blowing. Anyways, you now had established a manipulated altcoin market that (after only two of these) seems to definitely go from altseason to altseason without anyone questioning that the next one is just around the corner and with people FOMOing others into their “bags” on twitter. Well, in my personal opinion, that is extremely unlikely. History is repeating itself and the current set of alts will either be valued much closer to earth (the ones of type a and b above) or simply disappear or go to zero (anything in c category above). That is not to say you cannot turn a profit by actively trading the pumps, but you better be close to the pumper or a very experienced trader. Holding these coins is a recipe for losing money. It is not a given that the current set of altcoins has to experience another revival. Don’t count on it. The reason is that the bitcoin bubble is bursting. It does not simply re-inflate over night. Everyone who entered crypto in H2 2017 (which is the vast majority of investors) did so in order to become rich. None of these people invested because they have a deep understanding of the technology and can come up with an established valuation method that defends the prices paid. It was pure greed. So for the current trend to turn around you need either 1) a killer app that runs on the blockchain that is not simply moving money which we all use OR 2) prices so low or so high (FOMO) that new investors come in again due to greed. This is a very good write-up by Daniel Jeffries of what needs to happen. I think 2) would be a sad reason for it to happen. None of this is to say the technology itself is not game changing. But maybe pause and think if $130bn in “value” is not a bit beyond game changing at this point. Nota bene: No, there are no Wall Street “whales” aching to get into bitcoin and quietly accumulating coins over the counter off exchanges — these guys know all of the above and they do not fall for it unless they can be the manipulators themselves (in which case they are likely in breach with their regulatory compliance so that is another no). They likely cannot even raise money for their crypto “hedge” fund right now… So as bitcoin falls in USD price, by extension so will alts. The more losses people have the more they will want to get out of the toxic assets they hold and the more blockchain technology matures, the more people will realize that if you can buy equity of, say, Amazon on the blockchain (an Amazon security token) that has all the rights of traditional equity, the less any of these will buy the next “network effect” on a security token that is purely hot air, which is the vast majority. And yes, this dynamic is the reason for the falling prices. It is not US tax season, it is not “China FUD” and it is not some other useless reason or candle formation that people come up with. It is plainly greed and now fear. Always remember: The altcoin that fell 90% is the one that fell 80% and then another 50%… There actually is an Altseason coming So is this all bad news? I do not think so. I actually think a maturing of the altmarket and the advent of actual security token will be a positive catalyst. Furthermore, it is not at all doubtful that if platforms such as Ethereum (and I believe bitcoin can actually offer similar tech) solve their scaling problems they will become the backbone of the web 3.0 where we will no longer be hostage to centralized organizations holding our data. Furthermore, there will be applications neither you nor I can think of for the blockchain and the organizations building these will become exceptionally valuable. However, just like it happened during the .com bubble (and if we cannot agree that blockchain in terms of an innovation is very similar to the net itself then we simply don’t agree), many of these firms (and their TRUE security token) do not yet exist and the current crop of protocols and token has only a moonshot (pun intended) chance of being those token. |
| json metadata | {"tags":["blockchain","cryptocurrency","investing","bitcoin","ethereum"],"image":["https://steemitimages.com/DQmV6YzY3hfjZHrXsYyZhAQAVSwcjotzcZmALVHbRqNSx3Q/1_QOia46jC-sCdjNDJP9XggA.png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21928857/Trx 21cd34798c624fe1f029b2e487a0a0ef6184779c |
View Raw JSON Data
{
"trx_id": "21cd34798c624fe1f029b2e487a0a0ef6184779c",
"block": 21928857,
"trx_in_block": 32,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-27T08:41:51",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "blockchain",
"author": "universecrypto",
"permlink": "thoughts-on-crypto-and-the-imminent-altseason",
"title": "Thoughts on Crypto and the “imminent” Altseason",
"body": "\nI want to share with you what I personally think is the outlook on altcoin markets in the coming weeks and months. This is based on my experience of having traded stocks (and lost almost all my money) in the .com bubble of the 2000s, as well as years as a professional money manager. I want to stress though that none of this is my professional opionion and none of this is financial advice. It is merely my personal opinion and any assets can collapse to zero or rise astronomically in value. I do not know more than you do, but I have been there before.\n\nThe crypto market has been in a bubble since at least Q3 2017\n\nAt the time (Nov 1st), I posted a long story as to why this is a bubble and all of these reasons are still just as valid now as they were then. You can find the story here.\n\nThe signs were obvious and I do hope that we can now agree that the moves of the last 6–12 months were indeed the building of a massive bubble. If we can’t then you won’t like what I write next. But maybe that is a good reason to keep reading anyways.\n\nWhat I think is important is that we briefly revisit the signs and reasons that crypto is a bubble:\n\nBitcoin is a technology that represents a lot of promise and no doubt will massively impact the world we live in. However, time and time again, people have made the same exact mistake — overestimate the impact of a new technology in the short run and underestimate it in the long run. We are very much still in the short term for anyone wondering.\nBitcoin has such a large possibility of “final” valuation outcomes that it is hard to put a number to it. Using traditional methods (me here, very unscientifically) or novel methods when applied in a neutral, level-headed way, you get to much, much lower figures than where we are today. A good paper to read is this paper by researchers from engineering school ETH Zurich. So people come up with new methods to explain the current value. We have seen that before in the .com bubble. It is pure hopium. Nota Bene: I still wonder if any of the people claiming “Bitcoin is like owning TCP/IP or SWIFT” have ever done the calculation. I believe neither TCP/IP, nor SWIFT, separately valued is worth $100bn+\nCrypto as a whole has largely attracted a completely different group of investors compared to the “traditional” set of investors. This is largely anectdotal in terms of evidence, but the large majority of people that I engage with on crypto have never in their lives invested in equity or bonds. That has important ramifications. Firstly, none of these people has experienced (I mean trading and losing money) the .com bubble and will not be “warned” in that sense. Secondly, there are actual reasons why regulators do not simply allow anyone with some money to trade stocks unless they get a primer from their bank or answer a number of questions regarding experience to the affirmative. This is not an evil plan by evil governments to keep the money away from regular folks, but rather a reflection that there is a certain amount of education and experience that is recommendable when you invest your own money (I am not arguing governments are doing a great job at that education). The result is a market that is full of people investing their life savings due to greed and fear and nothing else. This is also why technical analysis seems to work so well in crypto. When the market matures it won’t anymore. In a way, crypto currently is closer to a cult than to any kind of market. People either believe or they don’t.\nThere is no discrimination between assets according to quality. Yes everyone understands that bitcoin and ethereum are the top dogs, but after that people get scammed time and again into bidding up frauds like bitconnect. I personally think the Top 20 on coinmarketcap is 50% made up of scams. This was the same in the .com bubble when any company that added .com to their name became an instant favorite.\nAnd maybe last but certainly not least, crypto is void of regulation. Whether it is the tether organization wildly printing fake US Dollars to prop up bitcoin’s price (up until they were subpoenaed…) or spoofing, wash trading, insider dealing and organized pump and dumps — all of them hurt the crypto market. It is vital that the crypto community realizes that regulations like outlawing the above (they are currently LEGAL in crypto) are not evil, they are common sense that people have agreed should prevail in organized markets. Their absence in crypto is making the moves even less connected to any fundamentals.\nThe Altcoin landscape\n\nAltcoins currently can be split (broadly) into three categories:\n\na) Coins that act as a platform or as a host for future applications, smart contracts or new developments on the blockchain. Let’s call these “platform coins”. I am avoiding the term “utility token” because that has been pirated by useless coins that pretend to not be securities. Importantly, all coins in this category have a working blockchain and are NOT simply tagging on to the Ethereum blockchain.\n\nb) Coins that simply offer monetary transmission or stores of value in a different manner (for example by offering privacy or by claiming a direct peg to an asset like Gold). Let’s call them asset coins. These also need their own working blockchain (and an audit…).\n\nc) Coins that are supposed to be used for some payment on a product or an app (usually yet to be released) by the users of that product or simply coins that are supposedly somehow tied to a start up that runs them. Let’s call them what they are — security token. It does not in this case matter if the token were ICO’d or airdropped. They are securities. I will not go into detail here or argue this much more, but it is plainly obvious that token such as these are bought for one reason only — price appreciation. Anything that is “betting” on the success of a company and is bought and sold in anticipation of higher prices primarily is a security. Almost all of these coins are token on the Ethereum (or another) blockchain without their own chain.\n\nYou can read here which kind of use cases I can see for crypto in the future and therefore you can probably guess why I think only those coins in category a) and b) have any hope for survival. The current generation of security token offer nothing — they do not offer any defendable rights (see the changes in promises by TenX, Monaco, Polymath and a host of others regarding their token since they ICO’d or airdropped) and have absolutely no utility whatsoever. They only exist because there are fools who buy them in the hopes of striking it rich.\n\nThe coming Altseason\n\nYou may have guessed that by putting that “imminent” part into quotation marks I am not really thinking that the next altseason is near. I am in fact mainly writing this post as I think it is important to consider for those that have put their savings in some collection of “bags”.\n\nLet’s recap what happened in the cryptosphere since basically the end of 2016:\n\nTowards the end of 2016, Ethereum held the world’s first (I know it was not the first…) noticeable ICO in the The DAO which was a VC type set up where people would vote and send their DAOs to projects they wanted to fund via a platform. This was the start of the current ICO boom (I will not go into the issues that ICO had, it is irrelevant for the article).\n\nDue to the (perceived) success of early ICOs, where people who invested in the crowdsale actually 10x their money (in USD terms, usually NOT in btc terms…) quickly, more and more retail investors rushed into Ethereum (making its price rise astronomically) to be a part of the new gold rush.\n\nAs Ethereum (and some other platform coins) churned out an average of 3–5 ICOs per day over the course of 2017, more and more of these coins received their own listing on the well-known crypto exchanges and people went mad for the little colorful icons in blockfolio and for the promises by development teams. VC companies saw a legitimate way to divest their worst businesses and joined the party. After all, who would pass up the opportunity to raise a lot of assets for nothing (yes, nothing!) in return. A token has no equity rights, no debt rights and as for perceived legal practice won’t even have to ever be regarded in any kind of future product. It can just die. A perfect opportunity. Especially as there was now the private pre-sale, the public pre-sale and the ICO with falling “discounts” over the time it happened. Three money grabs in a row. Just plain amazing.\n\nWith all these coins trading on unregulated exchanges, pump and dump groups (usually paid) or large investors (“whales”) have an easy time moving prices any way they like. Of course when they pushed prices up they created “fear of missing out” (FOMO) on the “next bitcoin” with the huge group of inexperienced retail investors. The fact that little people in the cryptosphere seem to think this is a terrible tragedy that is well worth some poeple going to jail as opposed to constantly arguing against regulation is mind blowing.\n\nAnyways, you now had established a manipulated altcoin market that (after only two of these) seems to definitely go from altseason to altseason without anyone questioning that the next one is just around the corner and with people FOMOing others into their “bags” on twitter.\n\nWell, in my personal opinion, that is extremely unlikely. History is repeating itself and the current set of alts will either be valued much closer to earth (the ones of type a and b above) or simply disappear or go to zero (anything in c category above). That is not to say you cannot turn a profit by actively trading the pumps, but you better be close to the pumper or a very experienced trader. Holding these coins is a recipe for losing money.\n\nIt is not a given that the current set of altcoins has to experience another revival. Don’t count on it. The reason is that the bitcoin bubble is bursting. It does not simply re-inflate over night. Everyone who entered crypto in H2 2017 (which is the vast majority of investors) did so in order to become rich. None of these people invested because they have a deep understanding of the technology and can come up with an established valuation method that defends the prices paid. It was pure greed. So for the current trend to turn around you need either 1) a killer app that runs on the blockchain that is not simply moving money which we all use OR 2) prices so low or so high (FOMO) that new investors come in again due to greed. This is a very good write-up by Daniel Jeffries of what needs to happen. I think 2) would be a sad reason for it to happen. None of this is to say the technology itself is not game changing. But maybe pause and think if $130bn in “value” is not a bit beyond game changing at this point.\n\nNota bene: No, there are no Wall Street “whales” aching to get into bitcoin and quietly accumulating coins over the counter off exchanges — these guys know all of the above and they do not fall for it unless they can be the manipulators themselves (in which case they are likely in breach with their regulatory compliance so that is another no). They likely cannot even raise money for their crypto “hedge” fund right now…\n\nSo as bitcoin falls in USD price, by extension so will alts. The more losses people have the more they will want to get out of the toxic assets they hold and the more blockchain technology matures, the more people will realize that if you can buy equity of, say, Amazon on the blockchain (an Amazon security token) that has all the rights of traditional equity, the less any of these will buy the next “network effect” on a security token that is purely hot air, which is the vast majority. And yes, this dynamic is the reason for the falling prices. It is not US tax season, it is not “China FUD” and it is not some other useless reason or candle formation that people come up with. It is plainly greed and now fear.\n\nAlways remember: The altcoin that fell 90% is the one that fell 80% and then another 50%…\nThere actually is an Altseason coming\n\nSo is this all bad news? I do not think so. I actually think a maturing of the altmarket and the advent of actual security token will be a positive catalyst. Furthermore, it is not at all doubtful that if platforms such as Ethereum (and I believe bitcoin can actually offer similar tech) solve their scaling problems they will become the backbone of the web 3.0 where we will no longer be hostage to centralized organizations holding our data. Furthermore, there will be applications neither you nor I can think of for the blockchain and the organizations building these will become exceptionally valuable.\n\nHowever, just like it happened during the .com bubble (and if we cannot agree that blockchain in terms of an innovation is very similar to the net itself then we simply don’t agree), many of these firms (and their TRUE security token) do not yet exist and the current crop of protocols and token has only a moonshot (pun intended) chance of being those token.",
"json_metadata": "{\"tags\":[\"blockchain\",\"cryptocurrency\",\"investing\",\"bitcoin\",\"ethereum\"],\"image\":[\"https://steemitimages.com/DQmV6YzY3hfjZHrXsYyZhAQAVSwcjotzcZmALVHbRqNSx3Q/1_QOia46jC-sCdjNDJP9XggA.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}universecryptofollowed @changelly2018/04/26 10:02:18
universecryptofollowed @changelly
2018/04/26 10:02:18
| required auths | [] |
| required posting auths | ["universecrypto"] |
| id | follow |
| json | ["follow",{"follower":"universecrypto","following":"changelly","what":["blog"]}] |
| Transaction Info | Block #21901675/Trx 09a5c7fa2c9eb03ffbc8e448162d6d7f713e9279 |
View Raw JSON Data
{
"trx_id": "09a5c7fa2c9eb03ffbc8e448162d6d7f713e9279",
"block": 21901675,
"trx_in_block": 45,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-26T10:02:18",
"op": [
"custom_json",
{
"required_auths": [],
"required_posting_auths": [
"universecrypto"
],
"id": "follow",
"json": "[\"follow\",{\"follower\":\"universecrypto\",\"following\":\"changelly\",\"what\":[\"blog\"]}]"
}
]
}thevillanupvoted (0.50%) @universecrypto / cryptocurrencies-how-to-spot-a-winner-80-of-the-time2018/04/25 12:04:51
thevillanupvoted (0.50%) @universecrypto / cryptocurrencies-how-to-spot-a-winner-80-of-the-time
2018/04/25 12:04:51
| voter | thevillan |
| author | universecrypto |
| permlink | cryptocurrencies-how-to-spot-a-winner-80-of-the-time |
| weight | 50 (0.50%) |
| Transaction Info | Block #21875339/Trx bfbb27df49039364d4461c605bd668e25246ed7a |
View Raw JSON Data
{
"trx_id": "bfbb27df49039364d4461c605bd668e25246ed7a",
"block": 21875339,
"trx_in_block": 14,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-25T12:04:51",
"op": [
"vote",
{
"voter": "thevillan",
"author": "universecrypto",
"permlink": "cryptocurrencies-how-to-spot-a-winner-80-of-the-time",
"weight": 50
}
]
}universecryptopublished a new post: cryptocurrencies-how-to-spot-a-winner-80-of-the-time2018/04/25 12:02:54
universecryptopublished a new post: cryptocurrencies-how-to-spot-a-winner-80-of-the-time
2018/04/25 12:02:54
| parent author | |
| parent permlink | time |
| author | universecrypto |
| permlink | cryptocurrencies-how-to-spot-a-winner-80-of-the-time |
| title | Cryptocurrencies: How to Spot a Winner 80% of the Time |
| body | In early April 2018, we argued that if triple-bottom support at $15.77 could hold on Ethereum Classic (ETC), we could make an argument for big upside. Not only did triple bottom hold, MACD was on the floor. The Fast Stochastic was at less than 20. RSI was just beginning to pivot from oversold conditions at its 30-line. Once all of the indicators aligned in oversold territory, it was only a matter of time before we began to see higher highs, which is exactly what happened. A week after the technical set up, ETC rallied from $15.77 to $20.43 with a good deal of bullish momentum at its sails.  Now, let's take a look at Bitcoin. In early April 2018, the CEO of Pantera Capital noted that $6,500 was the bottom for the bear market, and sees Bitcoin rallying to at least $20,000 by year-end. "Something that's growing that fast hardly ever gets below its 200-day moving average," CEO Dan Morehead told CNBC. "When it does, it's a very good time to buy. It's 65 percent below its high, you don't get that opportunity very often." However, aside from its 200-day, it was incredibly over-extended at its lower Bollinger Band (2,20), as it attempted to break above its 20-day moving average. Plus, each time the coin dropped to or below its 30-line on RSI, coupled with a drop to less than 20 on Fast Stochastic with a severe drop on MACD, we typically saw a rally in the coin not long after. We saw it happen again at $8,232 on Bitcoin in early April 2018. Days after the coin would rally to a high of $8,928. .png) While technical analysis won’t work 100% of the time with crypto, it gives you a fighting chance to jump into these coins ahead of the herd. Fear kept many traders away from these coins for a brief period. But when things get so out of hand in oversold territory, that’s where you want to buy. Just as Warren Buffett will tell you with stocks, “Be fearful when others are greedy and greedy when others are fearful.” The best part – there are hundreds of oversold setups just like these two that can be spotted and profited with just as easily. Imagine buying a coin at $15.77 and watching it pop to $20.43 in days. |
| json metadata | {"tags":["time","with","crypto","best","part"],"image":["https://steemitimages.com/DQmQgi9QZYVJDL2e4X2yjrT5g5DXApPLVmQtbBBysPLUwMo/unnamed.png","https://steemitimages.com/DQmTkLcUfk5iLSVJJrQiEg7DeUjAqfSmJtsAqcAfLVrd9HM/unnamed%20(1).png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21875300/Trx 7854abf5950274bf6232bf644c01f11ab92e3d55 |
View Raw JSON Data
{
"trx_id": "7854abf5950274bf6232bf644c01f11ab92e3d55",
"block": 21875300,
"trx_in_block": 21,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-25T12:02:54",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "time",
"author": "universecrypto",
"permlink": "cryptocurrencies-how-to-spot-a-winner-80-of-the-time",
"title": "Cryptocurrencies: How to Spot a Winner 80% of the Time",
"body": "In early April 2018, we argued that if triple-bottom support at $15.77 could hold on Ethereum Classic (ETC), we could make an argument for big upside.\n\nNot only did triple bottom hold, MACD was on the floor.\n\nThe Fast Stochastic was at less than 20. RSI was just beginning to pivot from oversold conditions at its 30-line. \n\nOnce all of the indicators aligned in oversold territory, it was only a matter of time before we began to see higher highs, which is exactly what happened. A week after the technical set up, ETC rallied from $15.77 to $20.43 with a good deal of bullish momentum at its sails. \n\n\nNow, let's take a look at Bitcoin.\n\nIn early April 2018, the CEO of Pantera Capital noted that $6,500 was the bottom for the bear market, and sees Bitcoin rallying to at least $20,000 by year-end.\n\n\"Something that's growing that fast hardly ever gets below its 200-day moving average,\" CEO Dan Morehead told CNBC. \"When it does, it's a very good time to buy. It's 65 percent below its high, you don't get that opportunity very often.\"\n\nHowever, aside from its 200-day, it was incredibly over-extended at its lower Bollinger Band (2,20), as it attempted to break above its 20-day moving average. Plus, each time the coin dropped to or below its 30-line on RSI, coupled with a drop to less than 20 on Fast Stochastic with a severe drop on MACD, we typically saw a rally in the coin not long after.\n\nWe saw it happen again at $8,232 on Bitcoin in early April 2018.\n\nDays after the coin would rally to a high of $8,928. \n.png)\nWhile technical analysis won’t work 100% of the time with crypto, it gives you a fighting chance to jump into these coins ahead of the herd. Fear kept many traders away from these coins for a brief period. But when things get so out of hand in oversold territory, that’s where you want to buy.\n\nJust as Warren Buffett will tell you with stocks, “Be fearful when others are greedy and greedy when others are fearful.”\n\nThe best part – there are hundreds of oversold setups just like these two that can be spotted and profited with just as easily.\n\nImagine buying a coin at $15.77 and watching it pop to $20.43 in days.",
"json_metadata": "{\"tags\":[\"time\",\"with\",\"crypto\",\"best\",\"part\"],\"image\":[\"https://steemitimages.com/DQmQgi9QZYVJDL2e4X2yjrT5g5DXApPLVmQtbBBysPLUwMo/unnamed.png\",\"https://steemitimages.com/DQmTkLcUfk5iLSVJJrQiEg7DeUjAqfSmJtsAqcAfLVrd9HM/unnamed%20(1).png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}koltciupvoted (100.00%) @universecrypto / make-explosive-gains-with-the-airbnb-of-digital-storage2018/04/25 10:37:00
koltciupvoted (100.00%) @universecrypto / make-explosive-gains-with-the-airbnb-of-digital-storage
2018/04/25 10:37:00
| voter | koltci |
| author | universecrypto |
| permlink | make-explosive-gains-with-the-airbnb-of-digital-storage |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21873583/Trx a8ba3662621be59f57789b60efe92202a4b6a6b6 |
View Raw JSON Data
{
"trx_id": "a8ba3662621be59f57789b60efe92202a4b6a6b6",
"block": 21873583,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-25T10:37:00",
"op": [
"vote",
{
"voter": "koltci",
"author": "universecrypto",
"permlink": "make-explosive-gains-with-the-airbnb-of-digital-storage",
"weight": 10000
}
]
}thevillanupvoted (0.50%) @universecrypto / great-scott-btc-clings-to-usd9k2018/04/24 13:27:42
thevillanupvoted (0.50%) @universecrypto / great-scott-btc-clings-to-usd9k
2018/04/24 13:27:42
| voter | thevillan |
| author | universecrypto |
| permlink | great-scott-btc-clings-to-usd9k |
| weight | 50 (0.50%) |
| Transaction Info | Block #21848288/Trx 8040b63f170be84c2da6dd816e96df547440fc32 |
View Raw JSON Data
{
"trx_id": "8040b63f170be84c2da6dd816e96df547440fc32",
"block": 21848288,
"trx_in_block": 28,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-24T13:27:42",
"op": [
"vote",
{
"voter": "thevillan",
"author": "universecrypto",
"permlink": "great-scott-btc-clings-to-usd9k",
"weight": 50
}
]
}universecryptopublished a new post: great-scott-btc-clings-to-usd9k2018/04/24 13:22:12
universecryptopublished a new post: great-scott-btc-clings-to-usd9k
2018/04/24 13:22:12
| parent author | |
| parent permlink | crypto |
| author | universecrypto |
| permlink | great-scott-btc-clings-to-usd9k |
| title | Great Scott! BTC clings to $9K |
| body | And it's Back! Back to the Future with Crypto. Everyone gets a ride! Crypto back on the march? Market cap is back up. Price is back up. Could this be the real deal? And get this, Goldman looks like it's going to open a crypto desk so that clients can gain access to crypto. According to Cointelegraph, Barclays is considering a crypto trading desk as well. In a related note BHC is up 85% and the gains from the last few days largely holding - it looks like the upward trend is taking hold. Let's see what happens! |
| json metadata | {"tags":["crypto","trading","desk","as","well"],"image":["https://steemitimages.com/DQmdmQePR7B79AsLNEtbNocsnmUTpv9wYLtpgjhB4xZmj6v/doc_brown.jpg"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21848179/Trx e962e9b92fdd380abaaee56cc26d604f0a0e7abb |
View Raw JSON Data
{
"trx_id": "e962e9b92fdd380abaaee56cc26d604f0a0e7abb",
"block": 21848179,
"trx_in_block": 28,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-24T13:22:12",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "crypto",
"author": "universecrypto",
"permlink": "great-scott-btc-clings-to-usd9k",
"title": "Great Scott! BTC clings to $9K",
"body": "And it's Back! Back to the Future with Crypto. Everyone gets a ride!\n\n\nCrypto back on the march?\n\nMarket cap is back up. Price is back up. Could this be the real deal?\n\nAnd get this, Goldman looks like it's going to open a crypto desk so that clients can gain access to crypto. According to Cointelegraph, Barclays is considering a crypto trading desk as well.\n\nIn a related note BHC is up 85% and the gains from the last few days largely holding - it looks like the upward trend is taking hold. \n\nLet's see what happens!",
"json_metadata": "{\"tags\":[\"crypto\",\"trading\",\"desk\",\"as\",\"well\"],\"image\":[\"https://steemitimages.com/DQmdmQePR7B79AsLNEtbNocsnmUTpv9wYLtpgjhB4xZmj6v/doc_brown.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}sensationupvoted (100.00%) @universecrypto / make-explosive-gains-with-the-airbnb-of-digital-storage2018/04/23 09:53:24
sensationupvoted (100.00%) @universecrypto / make-explosive-gains-with-the-airbnb-of-digital-storage
2018/04/23 09:53:24
| voter | sensation |
| author | universecrypto |
| permlink | make-explosive-gains-with-the-airbnb-of-digital-storage |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21815750/Trx da84c5a611dbc12bd0844cf3877b19c268a71643 |
View Raw JSON Data
{
"trx_id": "da84c5a611dbc12bd0844cf3877b19c268a71643",
"block": 21815750,
"trx_in_block": 54,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-23T09:53:24",
"op": [
"vote",
{
"voter": "sensation",
"author": "universecrypto",
"permlink": "make-explosive-gains-with-the-airbnb-of-digital-storage",
"weight": 10000
}
]
}universecryptopublished a new post: make-explosive-gains-with-the-airbnb-of-digital-storage2018/04/23 09:18:48
universecryptopublished a new post: make-explosive-gains-with-the-airbnb-of-digital-storage
2018/04/23 09:18:48
| parent author | |
| parent permlink | technology |
| author | universecrypto |
| permlink | make-explosive-gains-with-the-airbnb-of-digital-storage |
| title | Make Explosive Gains with the “Airbnb of Digital Storage” |
| body | Backed by the biggest Silicon Valley insiders, this crypto will roll out to 2.1 billion computer owners this year. This hack-proof technology will secure the Internet, disrupt the biggest growth driver of Amazon and Microsoft, and generate potential returns of 22,620%. You’ve seen the news. Hackers are getting bolder and they’re cracking into giant pools of personal data – yours included. The Equifax breach alone exposed the names, birthdates, Social Security Numbers, and driver’s license numbers of more than half the US adult population. Kick in the Target, Yahoo, and eBay hacks, and there is a better than 75% chance that your personal records are in the hands of hackers.  According to a 2015 report by Javelin Research, if your personal data is compromised in a data security breach, you have a 1 in 3 chance that it will be used. And, if that data included your debit card information, the odds are nearly 1 in 2 that your data will be used, and you will be the victim of financial fraud or theft. The good news is that there’s a way to virtually eliminate data breaches. Even better, ordinary people will be paid to shut the hackers out using the crypto technology we call the “Airbnb of data storage.” This technology leverages the power of decentralization inherent to both blockchain and to the sharing economy… The Sharing Economy From 2009 to today, Uber has become a household name and its valuation has exploded from $4M to $68B. Over the same period, Airbnb has grown from a tiny $1.5M startup into a $31B juggernaut. Both companies have rewarded early investors with gains of better than 5000x – turning every $200 invested into over $1M.  While most people have heard of Uber and Airbnb, few understand the business model that allowed them to grow at such incredible speed and to disrupt large entrenched industries in under a decade. These companies and their users are part of the sharing economy. The sharing economy is simply peer-to-peer business. Someone needs a place to stay for a week and someone else has an empty condo they’d like to rent. Someone needs a ride to the airport and someone else is happy to drive them for a fee. Uber and Airbnb built software platforms and mobile apps that match buyers and sellers of transportation and lodging services. The apps are incredibly easy to use and dramatically increase the efficiency of bringing buyers and sellers together. They also self-regulate to a large degree by allowing app users, on both sides of the transaction, to rate each other. These are beautiful business models because they require very little overhead and no inventory. The vehicles and the homes are provided by users of the platforms. For example, over 1 million people drive for Uber, but it owns no taxis (apart from the self-driving autos it is currently testing). Similarly, Airbnb controls 4 million home and room listings - more listings than the top 5 hotel chains (Marriot, Hilton, Intercontinental, Wyndham, and AccorHotels) combined have rooms! As a result of competition from Uber, New York City taxi medallions have plummeted in value from $1 million to around $200,000 today. Meanwhile, Airbnb is steadily eroding the margins of the major hotels. The sharing economy model is expanding to include more and more services and PwC projects that the sharing economy will grow to $335 billion in annual revenue by 2025. The key for any sharing economy startup is building an easy-to-use platform that matches service users with service providers. The sharing economy play that interests us today is about to disrupt the data storage market. Presently, the data storage business generates $40 billion in annual revenue and is growing by about 30% per year. Bank Heists and Data Hacks When asked why he robbed banks, Willie Sutton is famously, though erroneously, attributed with saying “that’s where the money is.” Simply put, the concentration of money within banks make them attractive targets. In most bank heist movies, the robbers typically go after the primary vault and don’t bother with the safety deposit boxes. Clearly, the treasure trove is the central vault; that’s what makes it such an attractive target. It’s far more of a gamble to go after the safety deposit boxes because that takes too much time, increasing the risk of getting caught by the authorities, and the payoffs are smaller. Of course, the analogy is that, like banks, big centralized pools of data are attractive targets for hackers. In recent years, we’ve heard of more and more large centrally-stored data pools being compromised. High-profile victims abound including Yahoo, Linked-In, and most recently, Equifax. But if those breaches weren’t bad enough, significantly more concerning is that even the CIA and NSA use centralized servers to store their data. And, each agency has an arsenal of their own cyber weapons (i.e. malware, viruses, trojan horses, etc.) In 2016, the central server containing the NSA’s cyber weapons was itself hacked and the hackers proceeded to auction off those cyber weapons to the highest bidders. It’s no wonder malicious hackers have become so bold – and successful. They now have the same tools as the most powerful government agencies. According to a study funded by IBM, the average data breach, across the 419 global businesses surveyed, costs $3.6 million. In total, the cost of these breaches runs well into the hundreds of billions annually. In fact, according to a report by Juniper Research, the cumulative annual cost of these data breaches will rise to $2.1 trillion by next year. So, what’s the solution? Creating Millions of Decentralized Mini-Vaults Imagine taking all the money stored in a bank vault and distributing a few dollars across millions of mini-vaults spread across the globe. How attractive would those targets appear to thieves? Not very, right? How much would it cost to break into all of them? Clearly, the cost would be vastly higher than the potential reward. Likewise, one should not store large amounts of data in a single place if given a choice. You break the data into pieces, encrypt it, and distribute it. Decentralized data storage is the solution to the hacking problem. Of course, creating all these mini data vaults from scratch would be prohibitively expensive. The good news is: they already exist. An “Airbnb for Data” Like millions of computer owners across the world, chances are, you have unused space on your computer’s hard drive. If you’d like to rent out some of that space, just like homeowners rent out extra rooms using Airbnb, then Filecoin (FIL) is for you. The Filecoin platform matches people and businesses who need to safely store data with computer owners who have unused hard drive space. Of course, this idea could be a little confusing and questionable at first. If you are a user of the service, do you really want your data stored on someone else’s hard drive? Well, it’s actually quite simple and ingenious. As a user, the platform takes your data, breaks it up into small pieces, encrypts it, and then stores it on thousands of other computers. No one else can read or retrieve your data but you. As a storage provider, you simply join the network and dedicate a certain amount of your hard drive capacity to the platform. You earn Filecoin tokens, as payment, from that point forward. You can then either hold the tokens, sell them for Bitcoin, or convert them to Dollars or Euros through cryptocurrency exchanges. Why would one hold onto their Filecoin tokens? Filecoin tokens are used to pay for storage on the network, and there is a fixed supply that will not increase. Thus, if the Filecoin storage network grows, demand for Filecoin tokens should also grow, causing upward pressure on the token’s price. Merging the Sharing Economy with Blockchain Decentralization Filecoin’s platform combines the power of the sharing economy with blockchain decentralization. One of the key reasons blockchain is so powerful is because it’s virtually impossible to hack. In order to successfully hack a blockchain-based network, a hacker needs to hack 51% of the computers on the network simultaneously. When you are talking about thousands of computers, the level of difficulty skyrockets. More importantly, the cost of hacking thousands of computers simultaneously is astronomical – both in computing power and in electricity. The incredible security of blockchain-based systems is why every major financial institution in the world is looking to integrate blockchains into their technology platforms. Competing with the Big Guys Filecoin’s developers hope that their platform will become the preferred way to use and sell the world’s unused data storage. Their decentralized model should be significantly more cost effective than the offerings of cloud computing juggernauts like Amazon Web Services (AWS) and Microsoft Azure. At present, similar decentralized platforms are charging are about half the price of AWS and those are the kinds of economics we expect out of Filecoin. Filecoin leverages a decentralized sharing economy model, similar to Airbnb, while its primary competitors like AWS use less efficient centralized models, similar to the major hotel chains. Presently, just a handful of big cloud storage providers, like AWS, account for more than 70% of data storage worldwide. Filecoin’s distributed model should vastly expand the number of participants in that market, thus decreasing the world’s data concentration. In turn, decentralized storage should enable a more decentralized internet, one that is more robust and resistant to even state-sponsored hacking attacks. Filecoin Breakdown Summary A decentralized data storage network, powered by a blockhain and the Filecoin token. Use Case: A+ Filecoin’s model is a perfect use case for blockchain and decentralization. Development Team: AFilecoin is the product of Protocol Labs, a US-based company building internet infrastructure technology. The Protocol Labs core team has deep expertise in distributed systems, cryptography, and open-source community management. Over 1,700 individuals and institutions across the globe have contributed to open-source projects led by Protocol Labs. Juan Benet is the Founder and CEO of Protocol Labs. He has a Bachelor’s and Master’s degree in Computer Science from Stanford University. He has experience in advising and working with Silicon Valley start-ups. Nicola Greco is a key programmer at Protocol Labs who developed the Filecoin protocol and wrote the 2017 Filecoin whitepaper in collaboration with Juan Benet. He is also a Ph.D. student in Computer Science at the Decentralized Information Group at MIT. Key Investors: A Marquee investors include Union Square Ventures, Y Combinator, Digital Currency Group, Winklevoss Capital, Sequoia Capital, Andreessen Horowitz, and Naval Ravikant (AngelList founder). The list is a virtual “who’s who” of prominent crypto investors. Additional Info: Filecoin’s initial coin offering (ICO) took place in August 2017, however, FIL is not yet trading on any crypto exchange. The founders have said that the coin will list once the platform launches. As for launch, the founders have yet to provide a concrete date but it is anticipated sometime this year. The concept, the developers, and the investors behind Filecoin are each impressive and the market opportunity is huge. In fact, it is more than big enough to support multiple competitors. As of this writing, another crypto project called Storj (STORJ) is the dominant player in the decentralized data storage market and we consider it a buy in our CryptoInvestor portfolio. |
| json metadata | {"tags":["technology","leverages","decentralization","inherent","blockchain"],"image":["https://steemitimages.com/DQmczDtE7vYvGH3bFny9QCPkVmPPamyepXGKPjyZrNazEVJ/Screenshot_3.png","https://steemitimages.com/DQmbv6y9yNfiRZ1mimyETfsyT6Cw3tHHkWjFe8AkqRahJCg/Screenshot_2.png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21815058/Trx 196d109a3f12d930a452d7d0a41004985c78f2b2 |
View Raw JSON Data
{
"trx_id": "196d109a3f12d930a452d7d0a41004985c78f2b2",
"block": 21815058,
"trx_in_block": 60,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-23T09:18:48",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "technology",
"author": "universecrypto",
"permlink": "make-explosive-gains-with-the-airbnb-of-digital-storage",
"title": "Make Explosive Gains with the “Airbnb of Digital Storage”",
"body": "Backed by the biggest Silicon Valley insiders, this crypto will roll out to 2.1\nbillion computer owners this year. This hack-proof technology will secure\nthe Internet, disrupt the biggest growth driver of Amazon and Microsoft, and\ngenerate potential returns of 22,620%.\nYou’ve seen the news. Hackers are getting bolder and they’re cracking into giant pools of\npersonal data – yours included.\nThe Equifax breach alone exposed the names, birthdates, Social Security Numbers, and\ndriver’s license numbers of more than half the US adult population.\nKick in the Target, Yahoo, and eBay hacks, and there is a better than 75% chance that your\npersonal records are in the hands of hackers.\n\n\nAccording to a 2015 report by Javelin Research, if your personal data is compromised in\na data security breach, you have a 1 in 3 chance that it will be used.\nAnd, if that data included your debit card information, the odds are nearly 1 in 2 that\nyour data will be used, and you will be the victim of financial fraud or theft.\nThe good news is that there’s a way to virtually eliminate data breaches. Even better,\nordinary people will be paid to shut the hackers out using the crypto technology we call\nthe “Airbnb of data storage.”\nThis technology leverages the power of decentralization inherent to both blockchain and\nto the sharing economy…\nThe Sharing Economy\nFrom 2009 to today, Uber has become a household name and its valuation has exploded\nfrom $4M to $68B.\nOver the same period, Airbnb has grown from a tiny $1.5M startup into a $31B juggernaut.\nBoth companies have rewarded early investors with gains of better than 5000x – turning\nevery $200 invested into over $1M.\n\nWhile most people have heard of Uber and Airbnb, few understand the business model\nthat allowed them to grow at such incredible speed and to disrupt large entrenched\nindustries in under a decade.\nThese companies and their users are part of the sharing economy.\n\nThe sharing economy is simply peer-to-peer business. Someone needs a place to stay for\na week and someone else has an empty condo they’d like to rent. Someone needs a ride\nto the airport and someone else is happy to drive them for a fee.\nUber and Airbnb built software platforms and mobile apps that match buyers and sellers\nof transportation and lodging services. The apps are incredibly easy to use and\ndramatically increase the efficiency of bringing buyers and sellers together. They also\nself-regulate to a large degree by allowing app users, on both sides of the transaction, to\nrate each other.\nThese are beautiful business models because they require very little overhead and no\ninventory. The vehicles and the homes are provided by users of the platforms.\nFor example, over 1 million people drive for Uber, but it owns no taxis (apart from the\nself-driving autos it is currently testing).\nSimilarly, Airbnb controls 4 million home and room listings - more listings than the top\n5 hotel chains (Marriot, Hilton, Intercontinental, Wyndham, and AccorHotels) combined\nhave rooms!\nAs a result of competition from Uber, New York City taxi medallions have plummeted in\nvalue from $1 million to around $200,000 today. Meanwhile, Airbnb is steadily eroding\nthe margins of the major hotels.\nThe sharing economy model is expanding to include more and more services and PwC\nprojects that the sharing economy will grow to $335 billion in annual revenue by 2025.\nThe key for any sharing economy startup is building an easy-to-use platform that matches\nservice users with service providers.\nThe sharing economy play that interests us today is about to disrupt the data storage\nmarket. Presently, the data storage business generates $40 billion in annual revenue and\nis growing by about 30% per year.\nBank Heists and Data Hacks\nWhen asked why he robbed banks, Willie Sutton is famously, though erroneously,\nattributed with saying “that’s where the money is.” Simply put, the concentration of\nmoney within banks make them attractive targets.\nIn most bank heist movies, the robbers typically go after the primary vault and don’t\nbother with the safety deposit boxes. Clearly, the treasure trove is the central vault; that’s\nwhat makes it such an attractive target.\n\nIt’s far more of a gamble to go after the safety deposit boxes because that takes too much\ntime, increasing the risk of getting caught by the authorities, and the payoffs are smaller.\nOf course, the analogy is that, like banks, big centralized pools of data are attractive\ntargets for hackers.\nIn recent years, we’ve heard of more and more large centrally-stored data pools being\ncompromised. High-profile victims abound including Yahoo, Linked-In, and most\nrecently, Equifax.\nBut if those breaches weren’t bad enough, significantly more concerning is that even the\nCIA and NSA use centralized servers to store their data. And, each agency has an arsenal\nof their own cyber weapons (i.e. malware, viruses, trojan horses, etc.)\nIn 2016, the central server containing the NSA’s cyber weapons was itself hacked and the\nhackers proceeded to auction off those cyber weapons to the highest bidders. It’s no\nwonder malicious hackers have become so bold – and successful. They now have the same\ntools as the most powerful government agencies.\nAccording to a study funded by IBM, the average data breach, across the 419 global\nbusinesses surveyed, costs $3.6 million. In total, the cost of these breaches runs well into\nthe hundreds of billions annually. In fact, according to a report by Juniper Research, the\ncumulative annual cost of these data breaches will rise to $2.1 trillion by next year.\nSo, what’s the solution?\nCreating Millions of Decentralized Mini-Vaults\nImagine taking all the money stored in a bank vault and distributing a few dollars across\nmillions of mini-vaults spread across the globe. How attractive would those targets\nappear to thieves? Not very, right?\nHow much would it cost to break into all of them? Clearly, the cost would be vastly higher\nthan the potential reward.\nLikewise, one should not store large amounts of data in a single place if given a choice.\nYou break the data into pieces, encrypt it, and distribute it. Decentralized data storage is\nthe solution to the hacking problem.\nOf course, creating all these mini data vaults from scratch would be prohibitively\nexpensive. The good news is: they already exist.\n\nAn “Airbnb for Data”\nLike millions of computer owners across the world, chances are, you have unused space\non your computer’s hard drive. If you’d like to rent out some of that space, just like\nhomeowners rent out extra rooms using Airbnb, then Filecoin (FIL) is for you.\nThe Filecoin platform matches people and businesses who need to safely store data with\ncomputer owners who have unused hard drive space.\nOf course, this idea could be a little confusing and questionable at first. If you are a user\nof the service, do you really want your data stored on someone else’s hard drive?\nWell, it’s actually quite simple and ingenious.\nAs a user, the platform takes your data, breaks it up into small pieces, encrypts it, and\nthen stores it on thousands of other computers. No one else can read or retrieve your data\nbut you.\nAs a storage provider, you simply join the network and dedicate a certain amount of your\nhard drive capacity to the platform. You earn Filecoin tokens, as payment, from that point\nforward. You can then either hold the tokens, sell them for Bitcoin, or convert them to\nDollars or Euros through cryptocurrency exchanges.\nWhy would one hold onto their Filecoin tokens?\nFilecoin tokens are used to pay for storage on the network, and there is a fixed supply that\nwill not increase. Thus, if the Filecoin storage network grows, demand for Filecoin tokens\nshould also grow, causing upward pressure on the token’s price.\nMerging the Sharing Economy with Blockchain Decentralization\nFilecoin’s platform combines the power of the sharing economy with blockchain\ndecentralization. One of the key reasons blockchain is so powerful is because it’s virtually\nimpossible to hack.\nIn order to successfully hack a blockchain-based network, a hacker needs to hack 51% of\nthe computers on the network simultaneously. When you are talking about thousands of\ncomputers, the level of difficulty skyrockets. More importantly, the cost of hacking\nthousands of computers simultaneously is astronomical – both in computing power and\nin electricity.\n\nThe incredible security of blockchain-based systems is why every major financial\ninstitution in the world is looking to integrate blockchains into their technology\nplatforms.\nCompeting with the Big Guys\nFilecoin’s developers hope that their platform will become the preferred way to use and\nsell the world’s unused data storage. Their decentralized model should be significantly\nmore cost effective than the offerings of cloud computing juggernauts like Amazon Web\nServices (AWS) and Microsoft Azure. At present, similar decentralized platforms are\ncharging are about half the price of AWS and those are the kinds of economics we expect\nout of Filecoin.\nFilecoin leverages a decentralized sharing economy model, similar to Airbnb, while its\nprimary competitors like AWS use less efficient centralized models, similar to the major\nhotel chains.\nPresently, just a handful of big cloud storage providers, like AWS, account for more than\n70% of data storage worldwide. Filecoin’s distributed model should vastly expand the\nnumber of participants in that market, thus decreasing the world’s data concentration. In\nturn, decentralized storage should enable a more decentralized internet, one that is more\nrobust and resistant to even state-sponsored hacking attacks.\nFilecoin Breakdown\nSummary\nA decentralized data storage network, powered by a blockhain and the Filecoin token.\nUse Case: A+\nFilecoin’s model is a perfect use case for blockchain and decentralization.\nDevelopment Team: AFilecoin\nis the product of Protocol Labs, a US-based company building internet\ninfrastructure technology. The Protocol Labs core team has deep expertise in distributed\nsystems, cryptography, and open-source community management. Over 1,700\nindividuals and institutions across the globe have contributed to open-source projects led\nby Protocol Labs.\nJuan Benet is the Founder and CEO of Protocol Labs. He has a Bachelor’s and Master’s\ndegree in Computer Science from Stanford University. He has experience in advising and\nworking with Silicon Valley start-ups. \n\nNicola Greco is a key programmer at Protocol Labs who developed the Filecoin protocol\nand wrote the 2017 Filecoin whitepaper in collaboration with Juan Benet. He is also a\nPh.D. student in Computer Science at the Decentralized Information Group at MIT.\nKey Investors: A\nMarquee investors include Union Square Ventures, Y Combinator, Digital Currency\nGroup, Winklevoss Capital, Sequoia Capital, Andreessen Horowitz, and Naval Ravikant\n(AngelList founder). The list is a virtual “who’s who” of prominent crypto investors.\nAdditional Info:\nFilecoin’s initial coin offering (ICO) took place in August 2017, however, FIL is not yet\ntrading on any crypto exchange. The founders have said that the coin will list once the\nplatform launches. As for launch, the founders have yet to provide a concrete date but it\nis anticipated sometime this year.\nThe concept, the developers, and the investors behind Filecoin are each impressive and\nthe market opportunity is huge. In fact, it is more than big enough to support multiple\ncompetitors. As of this writing, another crypto project called Storj (STORJ) is the\ndominant player in the decentralized data storage market and we consider it a buy in our\nCryptoInvestor portfolio.",
"json_metadata": "{\"tags\":[\"technology\",\"leverages\",\"decentralization\",\"inherent\",\"blockchain\"],\"image\":[\"https://steemitimages.com/DQmczDtE7vYvGH3bFny9QCPkVmPPamyepXGKPjyZrNazEVJ/Screenshot_3.png\",\"https://steemitimages.com/DQmbv6y9yNfiRZ1mimyETfsyT6Cw3tHHkWjFe8AkqRahJCg/Screenshot_2.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}dimo-timoupvoted (100.00%) @universecrypto / how-to-spot-pivots-in-cryptocurrencies2018/04/22 06:45:00
dimo-timoupvoted (100.00%) @universecrypto / how-to-spot-pivots-in-cryptocurrencies
2018/04/22 06:45:00
| voter | dimo-timo |
| author | universecrypto |
| permlink | how-to-spot-pivots-in-cryptocurrencies |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21783185/Trx 59d4f564639cd1c425d3b349e660100c08282b21 |
View Raw JSON Data
{
"trx_id": "59d4f564639cd1c425d3b349e660100c08282b21",
"block": 21783185,
"trx_in_block": 39,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-22T06:45:00",
"op": [
"vote",
{
"voter": "dimo-timo",
"author": "universecrypto",
"permlink": "how-to-spot-pivots-in-cryptocurrencies",
"weight": 10000
}
]
}2018/04/22 05:46:45
2018/04/22 05:46:45
| parent author | universecrypto |
| parent permlink | how-to-spot-pivots-in-cryptocurrencies |
| author | cheetah |
| permlink | cheetah-re-universecryptohow-to-spot-pivots-in-cryptocurrencies |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: http://hidebox.org/mail/how-to-spot-pivots-in-cryptocurrencies-jaimiepiscitelli-2427681685 |
| json metadata | |
| Transaction Info | Block #21782021/Trx 0e8e09479e18e3cd564c823505c6398a6b3768a1 |
View Raw JSON Data
{
"trx_id": "0e8e09479e18e3cd564c823505c6398a6b3768a1",
"block": 21782021,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-22T05:46:45",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "how-to-spot-pivots-in-cryptocurrencies",
"author": "cheetah",
"permlink": "cheetah-re-universecryptohow-to-spot-pivots-in-cryptocurrencies",
"title": "",
"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://hidebox.org/mail/how-to-spot-pivots-in-cryptocurrencies-jaimiepiscitelli-2427681685",
"json_metadata": ""
}
]
}cheetahupvoted (0.08%) @universecrypto / how-to-spot-pivots-in-cryptocurrencies2018/04/22 05:46:39
cheetahupvoted (0.08%) @universecrypto / how-to-spot-pivots-in-cryptocurrencies
2018/04/22 05:46:39
| voter | cheetah |
| author | universecrypto |
| permlink | how-to-spot-pivots-in-cryptocurrencies |
| weight | 8 (0.08%) |
| Transaction Info | Block #21782019/Trx 61f81cf2d4f4e9e2bd2659826b4a1765dc37a250 |
View Raw JSON Data
{
"trx_id": "61f81cf2d4f4e9e2bd2659826b4a1765dc37a250",
"block": 21782019,
"trx_in_block": 14,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-22T05:46:39",
"op": [
"vote",
{
"voter": "cheetah",
"author": "universecrypto",
"permlink": "how-to-spot-pivots-in-cryptocurrencies",
"weight": 8
}
]
}universecryptopublished a new post: how-to-spot-pivots-in-cryptocurrencies2018/04/22 05:46:18
universecryptopublished a new post: how-to-spot-pivots-in-cryptocurrencies
2018/04/22 05:46:18
| parent author | |
| parent permlink | stock |
| author | universecrypto |
| permlink | how-to-spot-pivots-in-cryptocurrencies |
| title | How to Spot Pivots in Cryptocurrencies |
| body | Much like a stock, crypto currencies are driven by fear and greed. And much like a stock, you need to be greedy when others are fearful, and fearful when others are greedy, as Warren Buffett would advise. But how to we know when that happens? One way is to use simple technical tools that pinpoint the exact moments that fear and greed are getting way out of hand. To do so, think of a crypto like a rubber band. We can only pull that rubber band so far before it snaps back and begins to revert to mean. Look at a one-year Bitcoin Cash for example using: • Bollinger Bands (2,20), • Relative Strength (RSI), • Fast Stochastic, • Moving Average Convergence Divergence (MACD) About 80% of the time when the upper Bollinger Band is hit or penetrated, confirmed with a move to or above the RSI 70-line, a move to or above the 80-line on Fast Stochastic followed by a spike in MACD, the coin begins to pivot and turn lower. We saw this happen in November 2017, December 2017, February 2018, and again in April 2018. .png) A lot of times we can call the bottom of a coin, too using the same indicators. Notice what happens as the coin nears its lower Band with a move to 30 on RSI, confirmed with a move to less than 20 on Fast Stochastic followed by a dip in MACD. The coin begins to pivot and move higher. The most recent example of this was in February 2018. We can see it happen with Ethereum Classic, too. In fact, any time Fast Stochastic jumped above its 80-line over the last few months coupled with RSI at or near 80 with it at its upper Band, the coin pulled back. We can see this happen quite a few times since December 2017. .png) Then, each time, the coin was at or near its lower Band with RSI at or near its 30-line, confirmed with Fast Stochastic under its 20-line, the coin again pivots and moves higher. Male sure that when you use these indicators that you always confirm your findings, and use multiple time frame charts. Typically, I’ll use a six-month, one-year and full historical chart to make a decision as to when I’ll buy and sell a coin based on fear and greed. This is just one way to identify potential pivot points with cryptos. |
| json metadata | {"tags":["stock","crypto","currencies","frame","charts"],"image":["https://steemitimages.com/DQmYeHEbwWAwpCDv5KoQnNgEWmfhALhanGoN7NoANPwTotz/unnamed%20(4).png","https://steemitimages.com/DQmWczsTXCsfErn1PL7vk2D61nHGdkQfwMYhEzkFwN5j5QR/unnamed%20(5).png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21782012/Trx a1ef5e907ff6a524e2cbaf4f3f11591a4bd5f46e |
View Raw JSON Data
{
"trx_id": "a1ef5e907ff6a524e2cbaf4f3f11591a4bd5f46e",
"block": 21782012,
"trx_in_block": 26,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-22T05:46:18",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "stock",
"author": "universecrypto",
"permlink": "how-to-spot-pivots-in-cryptocurrencies",
"title": "How to Spot Pivots in Cryptocurrencies",
"body": "Much like a stock, crypto currencies are driven by fear and greed.\n\nAnd much like a stock, you need to be greedy when others are fearful, and fearful when others are greedy, as Warren Buffett would advise. \n\nBut how to we know when that happens?\n\nOne way is to use simple technical tools that pinpoint the exact moments that fear and greed are getting way out of hand. To do so, think of a crypto like a rubber band. We can only pull that rubber band so far before it snaps back and begins to revert to mean.\n\nLook at a one-year Bitcoin Cash for example using:\n\n•\tBollinger Bands (2,20), \n•\tRelative Strength (RSI), \n•\tFast Stochastic, \n•\tMoving Average Convergence Divergence (MACD)\n\nAbout 80% of the time when the upper Bollinger Band is hit or penetrated, confirmed with a move to or above the RSI 70-line, a move to or above the 80-line on Fast Stochastic followed by a spike in MACD, the coin begins to pivot and turn lower. We saw this happen in November 2017, December 2017, February 2018, and again in April 2018.\n.png)\n\nA lot of times we can call the bottom of a coin, too using the same indicators.\n\nNotice what happens as the coin nears its lower Band with a move to 30 on RSI, confirmed with a move to less than 20 on Fast Stochastic followed by a dip in MACD. The coin begins to pivot and move higher. The most recent example of this was in February 2018.\n\nWe can see it happen with Ethereum Classic, too.\n\nIn fact, any time Fast Stochastic jumped above its 80-line over the last few months coupled with RSI at or near 80 with it at its upper Band, the coin pulled back. We can see this happen quite a few times since December 2017.\n.png)\n\nThen, each time, the coin was at or near its lower Band with RSI at or near its 30-line, confirmed with Fast Stochastic under its 20-line, the coin again pivots and moves higher.\n\nMale sure that when you use these indicators that you always confirm your findings, and use multiple time frame charts. Typically, I’ll use a six-month, one-year and full historical chart to make a decision as to when I’ll buy and sell a coin based on fear and greed.\n\nThis is just one way to identify potential pivot points with cryptos.",
"json_metadata": "{\"tags\":[\"stock\",\"crypto\",\"currencies\",\"frame\",\"charts\"],\"image\":[\"https://steemitimages.com/DQmYeHEbwWAwpCDv5KoQnNgEWmfhALhanGoN7NoANPwTotz/unnamed%20(4).png\",\"https://steemitimages.com/DQmWczsTXCsfErn1PL7vk2D61nHGdkQfwMYhEzkFwN5j5QR/unnamed%20(5).png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}2018/04/21 12:38:42
2018/04/21 12:38:42
| parent author | universecrypto |
| parent permlink | does-technical-analysis-work-with-cryptos |
| author | animous |
| permlink | re-universecrypto-does-technical-analysis-work-with-cryptos-20180421t123842710z |
| title | |
| body | Boost Your post! http://weedy.ltd/steem Free Upvote! |
| json metadata | {"tags":["cryptocurrencies"],"links":["http://weedy.ltd/steem"],"app":"steemit/0.1"} |
| Transaction Info | Block #21761465/Trx b029e6174a3552c04a8d3db455c2a91b664e3ec0 |
View Raw JSON Data
{
"trx_id": "b029e6174a3552c04a8d3db455c2a91b664e3ec0",
"block": 21761465,
"trx_in_block": 54,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-21T12:38:42",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "does-technical-analysis-work-with-cryptos",
"author": "animous",
"permlink": "re-universecrypto-does-technical-analysis-work-with-cryptos-20180421t123842710z",
"title": "",
"body": "Boost Your post! http://weedy.ltd/steem Free Upvote!",
"json_metadata": "{\"tags\":[\"cryptocurrencies\"],\"links\":[\"http://weedy.ltd/steem\"],\"app\":\"steemit/0.1\"}"
}
]
}ax3upvoted (1.00%) @universecrypto / does-technical-analysis-work-with-cryptos2018/04/21 12:36:42
ax3upvoted (1.00%) @universecrypto / does-technical-analysis-work-with-cryptos
2018/04/21 12:36:42
| voter | ax3 |
| author | universecrypto |
| permlink | does-technical-analysis-work-with-cryptos |
| weight | 100 (1.00%) |
| Transaction Info | Block #21761425/Trx 419c6b277e1a3f04fbd88b4e721ea720e9fe2a6d |
View Raw JSON Data
{
"trx_id": "419c6b277e1a3f04fbd88b4e721ea720e9fe2a6d",
"block": 21761425,
"trx_in_block": 15,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-21T12:36:42",
"op": [
"vote",
{
"voter": "ax3",
"author": "universecrypto",
"permlink": "does-technical-analysis-work-with-cryptos",
"weight": 100
}
]
}magic8ballreplied to @universecrypto / 20180421t123632920z2018/04/21 12:36:33
magic8ballreplied to @universecrypto / 20180421t123632920z
2018/04/21 12:36:33
| parent author | universecrypto |
| parent permlink | does-technical-analysis-work-with-cryptos |
| author | magic8ball |
| permlink | 20180421t123632920z |
| title | |
| body | To the question in your title, my Magic 8-Ball says:<blockquote>My reply is no</blockquote><hr>*Hi! I'm a bot, and this answer was posted automatically. Check [this post out](https://steemit.com/introduceyourself/@magic8ball/introducing-the-magic-8-ball-bot) for more information.* |
| json metadata | {"tags":["test"],"app":"steemjs-test!"} |
| Transaction Info | Block #21761422/Trx 1c51857ecf1886614864b3eaaa34f0a81697d53f |
View Raw JSON Data
{
"trx_id": "1c51857ecf1886614864b3eaaa34f0a81697d53f",
"block": 21761422,
"trx_in_block": 53,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-21T12:36:33",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "does-technical-analysis-work-with-cryptos",
"author": "magic8ball",
"permlink": "20180421t123632920z",
"title": "",
"body": "To the question in your title, my Magic 8-Ball says:<blockquote>My reply is no</blockquote><hr>*Hi! I'm a bot, and this answer was posted automatically. Check [this post out](https://steemit.com/introduceyourself/@magic8ball/introducing-the-magic-8-ball-bot) for more information.*",
"json_metadata": "{\"tags\":[\"test\"],\"app\":\"steemjs-test!\"}"
}
]
}universecryptopublished a new post: does-technical-analysis-work-with-cryptos2018/04/21 12:36:30
universecryptopublished a new post: does-technical-analysis-work-with-cryptos
2018/04/21 12:36:30
| parent author | |
| parent permlink | cryptocurrencies |
| author | universecrypto |
| permlink | does-technical-analysis-work-with-cryptos |
| title | Does Technical Analysis Work with Cryptos? |
| body | Much like a stock, cryptocurrencies are driven by fear and greed. And much like a stock, you need to be greedy when others are fearful, and fearful when others are greedy, as Warren Buffett would advise. But how to we know when that happens? One way is to use simple technical tools that pinpoint the exact moments that fear and greed are getting way out of hand. To do so, think of a crypto like a rubber band. We can only pull that rubber band so far before it snaps back and begins to revert to mean. Look at a one-year Bitcoin Cash for example using: - Bollinger Bands (2,20), - Relative Strength (RSI), - Fast Stochastic, - Moving Average Convergence Divergence (MACD) About 80% of the time when the upper Bollinger Band is hit or penetrated, confirmed with a move to or above the RSI 70-line, a move to or above the 80-line on Fast Stochastic followed by a spike in MACD, the coin begins to pivot and turn lower.  We saw this happen in November 2017, December 2017, and again in February 2018. A lot of times we can call the bottom of a coin, too using the same indicators. Notice what happens as the coin nears its lower Band with a move to 30 on RSI, confirmed with a move to less than 20 on Fast Stochastic followed by a dip in MACD. The coin begins to pivot and move higher. The most recent example of this was in February 2018. We can see it happen with Ethereum Classic, too. .png) In fact, any time Fast Stochastic jumped above its 80-line over the last few months, coupled with RSI at or near 80 with it at its upper Band, the coin pulled back. We can see this happen quite a few times since December 2017. Then, each time, the coin was at or near its lower Band with RSI at or near its 30-line, confirmed with Fast Stochastic under its 20-line, the coin again pivots and moves higher. Make sure that when you use these indicators that you always confirm your findings, and use multiple time frame charts. Typically, I’ll use a six-month, one-year and full historical chart to make a decision as to when I’ll buy and sell a coin based on fear and greed. This is just one way to identify potential pivot points with cryptos. We can also begin to look at double and triple tops and bottoms, for example. Two of the most basic technical patterns to master are support and resistance levels. When looking at fear and greed on a chart, we begin to look at the technical parameters of support and resistance, or a price floor or ceiling, as we noted in our initial discussion on support and resistance lines. When prices are falling to the floor, support represents the moment when buying begins to overwhelm selling and prices begin to bounce back. Conversely, when prices move to the ceiling, resistance is the point where selling begins to overwhelm buying and price increases begin to reverse. You can identify support and resistance by studying charts. Look for a series of low points when a stock continues to fall to a certain level, but then doesn’t fall any more. Typically, this is support. And when you find a stock that rises to a certain high, but rises no more, you have found resistance points. The more times a stock bounce off support and resistance, the stronger these support and resistance lines become for technical analysis. If something repeats itself again and again, it becomes a stronger indicator of potential pivots at high or low points on a chart. Two ways to find great support and resistance is through the identification of double tops and bottoms, for example. If your stocks bounces off the same support level, or fails at the same resistance level at least twice, we can make an argument for selling or buying said asset at each pivot point. When it comes to double tops, these can typically be found at the peak of an upward trend, and can oftentimes be a signal that the prior upward move is beginning to weaken with buyers losing interest. A double bottom on the other hand is the opposite. It can signal the reversal of downtrend, and begin to show us strength after an asset pulls back. Once double bottom is proven to hold, an argument can be made for a potential reversal to the upside. If you can identify such patterns you increase your odds of success. Let’s again look at Ethereum Classic. Notice the three attempts at breaking above triple top resistance around $42. Once it failed to breach that level and break to the upside, it fell apart fast. .png) Or, we can look for double and triple bottom support for example. Notice the triple bottom support line here dating back to February 2018. Should April 2018 support at $15.77 hold, we can argue for triple bottom and potential upside. .png) In short, technical analysis does work well with cryptos simply because it’s another asset driven by bouts of fear and greed. |
| json metadata | {"tags":["cryptocurrencies","identify","potential","pivot","points"],"image":["https://steemitimages.com/DQmemCHTzBqDENauuAiF4df7PgBuxCKmoBdAF9Mc3JbJ4ks/unnamed.png","https://steemitimages.com/DQmYrv24Rno8UFjRM3bsNatM1h9bSnFG9E6JFJa6LMsSp7U/unnamed%20(1).png","https://steemitimages.com/DQmRGARdRNvnB1y8XS1e25vpQTFhq9NA595Y7VmucGcuPqT/unnamed%20(2).png","https://steemitimages.com/DQmXCMkzo9YLjPTZteV5LGJe4nd1Fkk4nL5bzuuPtesUrtc/unnamed%20(3).png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21761421/Trx 5a417f6d10b11f0dc8645f11dadb190575e13367 |
View Raw JSON Data
{
"trx_id": "5a417f6d10b11f0dc8645f11dadb190575e13367",
"block": 21761421,
"trx_in_block": 34,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-21T12:36:30",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "cryptocurrencies",
"author": "universecrypto",
"permlink": "does-technical-analysis-work-with-cryptos",
"title": "Does Technical Analysis Work with Cryptos?",
"body": "Much like a stock, cryptocurrencies are driven by fear and greed.\n\nAnd much like a stock, you need to be greedy when others are fearful, and fearful when others are greedy, as Warren Buffett would advise. \n\nBut how to we know when that happens?\n\nOne way is to use simple technical tools that pinpoint the exact moments that fear and greed are getting way out of hand. To do so, think of a crypto like a rubber band. We can only pull that rubber band so far before it snaps back and begins to revert to mean.\n\nLook at a one-year Bitcoin Cash for example using:\n\n- Bollinger Bands (2,20),\n\n- Relative Strength (RSI),\n\n- Fast Stochastic,\n\n- Moving Average Convergence Divergence (MACD)\n\nAbout 80% of the time when the upper Bollinger Band is hit or penetrated, confirmed with a move to or above the RSI 70-line, a move to or above the 80-line on Fast Stochastic followed by a spike in MACD, the coin begins to pivot and turn lower.\n\n\n\nWe saw this happen in November 2017, December 2017, and again in February 2018.\n\nA lot of times we can call the bottom of a coin, too using the same indicators.\n\nNotice what happens as the coin nears its lower Band with a move to 30 on RSI, confirmed with a move to less than 20 on Fast Stochastic followed by a dip in MACD. The coin begins to pivot and move higher. The most recent example of this was in February 2018.\n\nWe can see it happen with Ethereum Classic, too.\n.png)\n\n\nIn fact, any time Fast Stochastic jumped above its 80-line over the last few months, coupled with RSI at or near 80 with it at its upper Band, the coin pulled back. We can see this happen quite a few times since December 2017.\n\nThen, each time, the coin was at or near its lower Band with RSI at or near its 30-line, confirmed with Fast Stochastic under its 20-line, the coin again pivots and moves higher.\n\nMake sure that when you use these indicators that you always confirm your findings, and use multiple time frame charts. Typically, I’ll use a six-month, one-year and full historical chart to make a decision as to when I’ll buy and sell a coin based on fear and greed.\n\nThis is just one way to identify potential pivot points with cryptos.\n\nWe can also begin to look at double and triple tops and bottoms, for example.\n\nTwo of the most basic technical patterns to master are support and resistance levels.\n\nWhen looking at fear and greed on a chart, we begin to look at the technical parameters of support and resistance, or a price floor or ceiling, as we noted in our initial discussion on support and resistance lines.\n\nWhen prices are falling to the floor, support represents the moment when buying begins to overwhelm selling and prices begin to bounce back. Conversely, when prices move to the ceiling, resistance is the point where selling begins to overwhelm buying and price increases begin to reverse.\nYou can identify support and resistance by studying charts.\n\nLook for a series of low points when a stock continues to fall to a certain level, but then doesn’t fall any more. Typically, this is support. And when you find a stock that rises to a certain high, but rises no more, you have found resistance points.\n\nThe more times a stock bounce off support and resistance, the stronger these support and resistance lines become for technical analysis. If something repeats itself again and again, it becomes a stronger indicator of potential pivots at high or low points on a chart.\n\nTwo ways to find great support and resistance is through the identification of double tops and bottoms, for example. If your stocks bounces off the same support level, or fails at the same resistance level at least twice, we can make an argument for selling or buying said asset at each pivot point.\n\nWhen it comes to double tops, these can typically be found at the peak of an upward trend, and can oftentimes be a signal that the prior upward move is beginning to weaken with buyers losing interest. \nA double bottom on the other hand is the opposite.\nIt can signal the reversal of downtrend, and begin to show us strength after an asset pulls back. Once double bottom is proven to hold, an argument can be made for a potential reversal to the upside.\n\nIf you can identify such patterns you increase your odds of success.\nLet’s again look at Ethereum Classic.\n\nNotice the three attempts at breaking above triple top resistance around $42. Once it failed to breach that level and break to the upside, it fell apart fast.\n.png)\n\n\nOr, we can look for double and triple bottom support for example. Notice the triple bottom support line here dating back to February 2018. Should April 2018 support at $15.77 hold, we can argue for triple bottom and potential upside. \n.png)\n\n\nIn short, technical analysis does work well with cryptos simply because it’s another asset driven by bouts of fear and greed.",
"json_metadata": "{\"tags\":[\"cryptocurrencies\",\"identify\",\"potential\",\"pivot\",\"points\"],\"image\":[\"https://steemitimages.com/DQmemCHTzBqDENauuAiF4df7PgBuxCKmoBdAF9Mc3JbJ4ks/unnamed.png\",\"https://steemitimages.com/DQmYrv24Rno8UFjRM3bsNatM1h9bSnFG9E6JFJa6LMsSp7U/unnamed%20(1).png\",\"https://steemitimages.com/DQmRGARdRNvnB1y8XS1e25vpQTFhq9NA595Y7VmucGcuPqT/unnamed%20(2).png\",\"https://steemitimages.com/DQmXCMkzo9YLjPTZteV5LGJe4nd1Fkk4nL5bzuuPtesUrtc/unnamed%20(3).png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}universecryptoreceived 0.034 SBD, 0.015 SP author reward for @universecrypto / xsn-join-the-next-gen-tpos-staking-revolution2018/04/20 10:59:00
universecryptoreceived 0.034 SBD, 0.015 SP author reward for @universecrypto / xsn-join-the-next-gen-tpos-staking-revolution
2018/04/20 10:59:00
| author | universecrypto |
| permlink | xsn-join-the-next-gen-tpos-staking-revolution |
| sbd payout | 0.034 SBD |
| steem payout | 0.000 STEEM |
| vesting payout | 24.451686 VESTS |
| Transaction Info | Block #21730675/Virtual Operation #15 |
View Raw JSON Data
{
"trx_id": "0000000000000000000000000000000000000000",
"block": 21730675,
"trx_in_block": 4294967295,
"op_in_trx": 0,
"virtual_op": 15,
"timestamp": "2018-04-20T10:59:00",
"op": [
"author_reward",
{
"author": "universecrypto",
"permlink": "xsn-join-the-next-gen-tpos-staking-revolution",
"sbd_payout": "0.034 SBD",
"steem_payout": "0.000 STEEM",
"vesting_payout": "24.451686 VESTS"
}
]
}2018/04/18 06:11:06
2018/04/18 06:11:06
| voter | savelevalubov |
| author | universecrypto |
| permlink | mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21667325/Trx a50b97cc8ac47afe85b8c1cceaad321fd797e9d3 |
View Raw JSON Data
{
"trx_id": "a50b97cc8ac47afe85b8c1cceaad321fd797e9d3",
"block": 21667325,
"trx_in_block": 20,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-18T06:11:06",
"op": [
"vote",
{
"voter": "savelevalubov",
"author": "universecrypto",
"permlink": "mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids",
"weight": 10000
}
]
}2018/04/18 04:31:21
2018/04/18 04:31:21
| parent author | universecrypto |
| parent permlink | netcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants |
| author | cheetah |
| permlink | cheetah-re-universecryptonetcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://mobile.tmxmoney.com/quote/readnews/?id=6130996394758733&symbol=NC:CNX |
| json metadata | |
| Transaction Info | Block #21665330/Trx 54a65424afdae49243657f028408d1b542f1b9f8 |
View Raw JSON Data
{
"trx_id": "54a65424afdae49243657f028408d1b542f1b9f8",
"block": 21665330,
"trx_in_block": 26,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-18T04:31:21",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "netcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants",
"author": "cheetah",
"permlink": "cheetah-re-universecryptonetcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants",
"title": "",
"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://mobile.tmxmoney.com/quote/readnews/?id=6130996394758733&symbol=NC:CNX",
"json_metadata": ""
}
]
}2018/04/18 04:31:18
2018/04/18 04:31:18
| voter | cheetah |
| author | universecrypto |
| permlink | netcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants |
| weight | 8 (0.08%) |
| Transaction Info | Block #21665329/Trx b01dbac6d346668cf04eb15343942e156393c463 |
View Raw JSON Data
{
"trx_id": "b01dbac6d346668cf04eb15343942e156393c463",
"block": 21665329,
"trx_in_block": 2,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-18T04:31:18",
"op": [
"vote",
{
"voter": "cheetah",
"author": "universecrypto",
"permlink": "netcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants",
"weight": 8
}
]
}2018/04/18 04:31:06
2018/04/18 04:31:06
| parent author | |
| parent permlink | market |
| author | universecrypto |
| permlink | netcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants |
| title | NetCents Technology Processing Cryptocurrency Transactions With First Round of Merchants |
| body | NetCents Technology (CSE:NC) has announced that it has gone live with merchants and is actively processing cryptocurrency transactions. As quoted in the press release: The company is now working on completing the onboarding process for the first phase merchants who have signed up to use the NetCents Merchant Gateway. With the Company’s current signed contracts, the Company has access to over 80,000 merchants in its pipeline. “The successful start of live transactions was the final piece of the puzzle to prove that the NetCents platform is ready to become the backbone of cryptocurrency processing worldwide,” stated Clayton Moore, CEO of NetCents Technology. “With 80,000 merchants in our pipeline, coupled with the new contracts we are working on, NetCents is poised to become the go-to merchant solution for cryptocurrency payments.” The first batch of merchants using the NetCents Merchant Gateway went live over a week ago and have successfully been processing transactions using the Company’s Instant Settlement process. Processing has increased from one transaction every 72 minutes over the first weekend to one transaction every five minutes, representing a processing increase of 1,340% in a matter of days. All of the transactions processed to date have been completed using the NetCents Instant Settlements process, providing merchants guaranteed protection against market-volatility and liquidity issues associated with cryptocurrency processing. Instant Settlements solved these gating items that have prevented cryptocurrencies from truly become mainstream and used for everyday payments, paving the way for merchant adoption. |
| json metadata | {"tags":["market","processing","settlement"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21665325/Trx 2cb470be44c3984bd217cb18578c6665d941966d |
View Raw JSON Data
{
"trx_id": "2cb470be44c3984bd217cb18578c6665d941966d",
"block": 21665325,
"trx_in_block": 49,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-18T04:31:06",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "market",
"author": "universecrypto",
"permlink": "netcents-technology-processing-cryptocurrency-transactions-with-first-round-of-merchants",
"title": "NetCents Technology Processing Cryptocurrency Transactions With First Round of Merchants",
"body": "NetCents Technology (CSE:NC) has announced that it has gone live with merchants and is actively processing cryptocurrency transactions.\n\nAs quoted in the press release:\n\nThe company is now working on completing the onboarding process for the first phase merchants who have signed up to use the NetCents Merchant Gateway. With the Company’s current signed contracts, the Company has access to over 80,000 merchants in its pipeline.\n\n“The successful start of live transactions was the final piece of the puzzle to prove that the NetCents platform is ready to become the backbone of cryptocurrency processing worldwide,” stated Clayton Moore, CEO of NetCents Technology. “With 80,000 merchants in our pipeline, coupled with the new contracts we are working on, NetCents is poised to become the go-to merchant solution for cryptocurrency payments.”\n\nThe first batch of merchants using the NetCents Merchant Gateway went live over a week ago and have successfully been processing transactions using the Company’s Instant Settlement process. Processing has increased from one transaction every 72 minutes over the first weekend to one transaction every five minutes, representing a processing increase of 1,340% in a matter of days.\n\nAll of the transactions processed to date have been completed using the NetCents Instant Settlements process, providing merchants guaranteed protection against market-volatility and liquidity issues associated with cryptocurrency processing. Instant Settlements solved these gating items that have prevented cryptocurrencies from truly become mainstream and used for everyday payments, paving the way for merchant adoption.",
"json_metadata": "{\"tags\":[\"market\",\"processing\",\"settlement\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}2018/04/17 21:48:21
2018/04/17 21:48:21
| voter | raise-me-up |
| author | universecrypto |
| permlink | mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids |
| weight | 60 (0.60%) |
| Transaction Info | Block #21657270/Trx 1ff3cc58d5da70499185892332dd64d1e97bbd73 |
View Raw JSON Data
{
"trx_id": "1ff3cc58d5da70499185892332dd64d1e97bbd73",
"block": 21657270,
"trx_in_block": 19,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T21:48:21",
"op": [
"vote",
{
"voter": "raise-me-up",
"author": "universecrypto",
"permlink": "mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids",
"weight": 60
}
]
}2018/04/17 21:47:24
2018/04/17 21:47:24
| parent author | universecrypto |
| parent permlink | mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids |
| author | cheetah |
| permlink | cheetah-re-universecryptomastercard-turns-to-blockchain-for-cracking-down-on-fake-ids |
| title | |
| body | Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: https://investingnews.com/daily/tech-investing/blockchain-investing/mastercard-turns-blockchain-cracking-fake-ids/ |
| json metadata | |
| Transaction Info | Block #21657251/Trx e45670ed94700cda93b0d268e330de5a54d71201 |
View Raw JSON Data
{
"trx_id": "e45670ed94700cda93b0d268e330de5a54d71201",
"block": 21657251,
"trx_in_block": 15,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T21:47:24",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids",
"author": "cheetah",
"permlink": "cheetah-re-universecryptomastercard-turns-to-blockchain-for-cracking-down-on-fake-ids",
"title": "",
"body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://investingnews.com/daily/tech-investing/blockchain-investing/mastercard-turns-blockchain-cracking-fake-ids/",
"json_metadata": ""
}
]
}2018/04/17 21:47:15
2018/04/17 21:47:15
| voter | cheetah |
| author | universecrypto |
| permlink | mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids |
| weight | 8 (0.08%) |
| Transaction Info | Block #21657248/Trx 62990422c862d592fcc5c8a284aa5c95934fb633 |
View Raw JSON Data
{
"trx_id": "62990422c862d592fcc5c8a284aa5c95934fb633",
"block": 21657248,
"trx_in_block": 8,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T21:47:15",
"op": [
"vote",
{
"voter": "cheetah",
"author": "universecrypto",
"permlink": "mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids",
"weight": 8
}
]
}universecryptopublished a new post: mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids2018/04/17 21:46:51
universecryptopublished a new post: mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids
2018/04/17 21:46:51
| parent author | |
| parent permlink | credit |
| author | universecrypto |
| permlink | mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids |
| title | Mastercard Turns to Blockchain for Cracking Down on Fake IDs |
| body | The credit card company filed a blockchain patent solution to protect identity data with the US Patent and Trademark Office in September 2017.Mastercard’s (NYSE:MA) dip into the blockchain industry continues. Late last week (April 12), the United States Patent and Trademark Office (USPTO) officially published the company’s filed patent for a blockchain solutions in order to store and verify identity data. The company had initially filed the patent in September 2017. According to the documents, Mastercard’s patent relates to “the storage and verification and identity and credential data” specifically as it relates to distributed storage and storage through blockchain specifically to protect identity data.“The use of a blockchain for the storage of identity and credential data may provide for an immutable storage of such data that can provide accurate verification thereof and also prevent the fabrication of such data,” Mastercard said in the application. The application further details ways the distributed storage of identity data on the blockchain system would eliminate potential attacks because data files would be associated with a public key and a geographical jurisdiction. At least one of the plural entities, Mastercard states, would be marked as being a “subordinate,” assigned by a digital signature of a “superior.” Following that, a “hashing module” of the processing server would generate an “identity value” that would form a block with a time stamp, showing a record on each most recent block on the blockchain. Mastercard stressed in its filing that the identities of individuals or “other type of entity” is important and that the need for a technical solution to provide for the “immutable storage of identity and credential data that may prevent fabrication and inaccuracies” is crucial. The credit card company’s blockchain patent isn’t its only boost into the industry. Late last year, Mastercard revealed its intentions to open up access to its blockchain technology through an API published on Mastercard Developers. The aim of the company’s blockchain solution is to provide new ways for its customers, businesses and banks to make transactions. Mastercard also announced last Thursday its plans to hire more blockchain developers–175 in total–to work in its Ireland Mastercard office. According to the release, the new hires will include roles in software engineering, blockchain specialists, data scientists, project managers, analysts, product designers, cloud infrastructure specialists and information security analysts. “We’re driving projects that promote financial inclusion at home and abroad, and are working to provide consumers, businesses and governments with the most innovative, safe and secure ways to pay,” Sonya Geelon, country manager at Mastercard Ireland said in the release. In the days following Mastercard’s patent application and hiring announcement, shares of Mastercard have declined slightly, dropping from $175.90 on Thursday to $173.85 as of Monday’s (April 16) close. |
| json metadata | {"tags":["credit","card","company","blockchain","patent"],"image":["https://steemitimages.com/DQmSfe3bqvPs8NXcvgqBCfMnEBUKCVnpVyePJJvUMwDfsMV/blockchain-tracker-government-citi-ups.jpg"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21657240/Trx e5bb4663464b51eebdf1e859fd69837b054c0630 |
View Raw JSON Data
{
"trx_id": "e5bb4663464b51eebdf1e859fd69837b054c0630",
"block": 21657240,
"trx_in_block": 100,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T21:46:51",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "credit",
"author": "universecrypto",
"permlink": "mastercard-turns-to-blockchain-for-cracking-down-on-fake-ids",
"title": "Mastercard Turns to Blockchain for Cracking Down on Fake IDs",
"body": "The credit card company filed a blockchain patent solution to protect identity data with the US Patent and Trademark Office in September 2017.Mastercard’s (NYSE:MA) dip into the blockchain industry continues. \n\nLate last week (April 12), the United States Patent and Trademark Office (USPTO) officially published the company’s filed patent for a blockchain solutions in order to store and verify identity data. The company had initially filed the patent in September 2017.\n\nAccording to the documents, Mastercard’s patent relates to “the storage and verification and identity and credential data” specifically as it relates to distributed storage and storage through blockchain specifically to protect identity data.“The use of a blockchain for the storage of identity and credential data may provide for an immutable storage of such data that can provide accurate verification thereof and also prevent the fabrication of such data,” Mastercard said in the application.\n\nThe application further details ways the distributed storage of identity data on the blockchain system would eliminate potential attacks because data files would be associated with a public key and a geographical jurisdiction. At least one of the plural entities, Mastercard states, would be marked as being a “subordinate,” assigned by a digital signature of a “superior.”\n\nFollowing that, a “hashing module” of the processing server would generate an “identity value” that would form a block with a time stamp, showing a record on each most recent block on the blockchain.\n\nMastercard stressed in its filing that the identities of individuals or “other type of entity” is important and that the need for a technical solution to provide for the “immutable storage of identity and credential data that may prevent fabrication and inaccuracies” is crucial.\n\nThe credit card company’s blockchain patent isn’t its only boost into the industry. Late last year, Mastercard revealed its intentions to open up access to its blockchain technology through an API published on Mastercard Developers. The aim of the company’s blockchain solution is to provide new ways for its customers, businesses and banks to make transactions.\n\nMastercard also announced last Thursday its plans to hire more blockchain developers–175 in total–to work in its Ireland Mastercard office. According to the release, the new hires will include roles in software engineering, blockchain specialists, data scientists, project managers, analysts, product designers, cloud infrastructure specialists and information security analysts.\n\n“We’re driving projects that promote financial inclusion at home and abroad, and are working to provide consumers, businesses and governments with the most innovative, safe and secure ways to pay,” Sonya Geelon, country manager at Mastercard Ireland said in the release.\n\nIn the days following Mastercard’s patent application and hiring announcement, shares of Mastercard have declined slightly, dropping from $175.90 on Thursday to $173.85 as of Monday’s (April 16) close.",
"json_metadata": "{\"tags\":[\"credit\",\"card\",\"company\",\"blockchain\",\"patent\"],\"image\":[\"https://steemitimages.com/DQmSfe3bqvPs8NXcvgqBCfMnEBUKCVnpVyePJJvUMwDfsMV/blockchain-tracker-government-citi-ups.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}raise-me-upupvoted (0.60%) @universecrypto / crypto-update-and-more-updated-stops2018/04/17 21:27:30
raise-me-upupvoted (0.60%) @universecrypto / crypto-update-and-more-updated-stops
2018/04/17 21:27:30
| voter | raise-me-up |
| author | universecrypto |
| permlink | crypto-update-and-more-updated-stops |
| weight | 60 (0.60%) |
| Transaction Info | Block #21656853/Trx 243857379a1925c569f7c569886f992ca44c2165 |
View Raw JSON Data
{
"trx_id": "243857379a1925c569f7c569886f992ca44c2165",
"block": 21656853,
"trx_in_block": 7,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T21:27:30",
"op": [
"vote",
{
"voter": "raise-me-up",
"author": "universecrypto",
"permlink": "crypto-update-and-more-updated-stops",
"weight": 60
}
]
}universecryptopublished a new post: crypto-update-and-more-updated-stops2018/04/17 21:26:09
universecryptopublished a new post: crypto-update-and-more-updated-stops
2018/04/17 21:26:09
| parent author | |
| parent permlink | purchase |
| author | universecrypto |
| permlink | crypto-update-and-more-updated-stops |
| title | Crypto Update: And More Updated Stops |
| body | Hello Magnus, Another quick update to get the stops adjusted based upon recent moves. Onto the trades... Our Current Trades Updated Bitcoin (BTCUSD) Bought @ $7,407, Protective Stop $7,233 Litecoin (LTCUSD) No trade Ethereum (ETHUSD) Bought 1/28. Still holding. Alt-Coin Buy: Ripple (XRP) Bought @ $0.56. Protective Stop $0.54 Monero (XMRUSD) No trade Neo (NEO) Bought @ $51.17. Protective Stop $57.00 Bitcoin Cash (BCH) Bought @ $702. Protective Stop $687 EOS (EOS) No trade - missed the breakout Ethereum Classic (ETC) Bought at @ $15.37. Protective Stop $14.25 Dash (DASHUSD) Bought @ $327. Protective Stop $324 Additional new setups/updates as indicated in bold... These are based on USD pricing - you can purchase in your local currencies as well. That gets us updated. |
| json metadata | {"tags":["purchase","in","your","local","currencies"],"image":["https://steemitimages.com/DQmR5PE1d872zrWckqe5ewayr2NKtbDdyfRjj3vpJVX9frq/Screenshot_6.png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21656826/Trx 9aec171d69f4e2441368528ef20b6fe2cd1c2e4a |
View Raw JSON Data
{
"trx_id": "9aec171d69f4e2441368528ef20b6fe2cd1c2e4a",
"block": 21656826,
"trx_in_block": 42,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T21:26:09",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "purchase",
"author": "universecrypto",
"permlink": "crypto-update-and-more-updated-stops",
"title": "Crypto Update: And More Updated Stops",
"body": "Hello Magnus,\n\nAnother quick update to get the stops adjusted based upon recent moves. \n\n\nOnto the trades...\n\n\nOur Current Trades Updated\n\nBitcoin (BTCUSD)\nBought @ $7,407, Protective Stop $7,233\n\nLitecoin (LTCUSD)\nNo trade\n\nEthereum (ETHUSD)\nBought 1/28. Still holding.\n\nAlt-Coin Buy:\n\nRipple (XRP)\nBought @ $0.56. Protective Stop $0.54\n\nMonero (XMRUSD)\nNo trade\n\nNeo (NEO)\nBought @ $51.17. Protective Stop $57.00\n\nBitcoin Cash (BCH)\nBought @ $702. Protective Stop $687\n\nEOS (EOS)\nNo trade - missed the breakout\n\nEthereum Classic (ETC)\nBought at @ $15.37. Protective Stop $14.25\n\nDash (DASHUSD)\nBought @ $327. Protective Stop $324\n\n\n\nAdditional new setups/updates as indicated in bold...\n\nThese are based on USD pricing - you can purchase in your local currencies as well.\n\nThat gets us updated.",
"json_metadata": "{\"tags\":[\"purchase\",\"in\",\"your\",\"local\",\"currencies\"],\"image\":[\"https://steemitimages.com/DQmR5PE1d872zrWckqe5ewayr2NKtbDdyfRjj3vpJVX9frq/Screenshot_6.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}sidelevsupvoted (100.00%) @universecrypto / how-to-invest-in-blockchain2018/04/17 13:28:30
sidelevsupvoted (100.00%) @universecrypto / how-to-invest-in-blockchain
2018/04/17 13:28:30
| voter | sidelevs |
| author | universecrypto |
| permlink | how-to-invest-in-blockchain |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21647273/Trx 66d9dd6f3d8cdf6c0597e20db4a3669eabbbd685 |
View Raw JSON Data
{
"trx_id": "66d9dd6f3d8cdf6c0597e20db4a3669eabbbd685",
"block": 21647273,
"trx_in_block": 34,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T13:28:30",
"op": [
"vote",
{
"voter": "sidelevs",
"author": "universecrypto",
"permlink": "how-to-invest-in-blockchain",
"weight": 10000
}
]
}mathsinnatureupvoted (100.00%) @universecrypto / how-to-invest-in-blockchain2018/04/17 05:52:06
mathsinnatureupvoted (100.00%) @universecrypto / how-to-invest-in-blockchain
2018/04/17 05:52:06
| voter | mathsinnature |
| author | universecrypto |
| permlink | how-to-invest-in-blockchain |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21638149/Trx 410af5a02db418381eb9b1b028aa55e44c9d6f13 |
View Raw JSON Data
{
"trx_id": "410af5a02db418381eb9b1b028aa55e44c9d6f13",
"block": 21638149,
"trx_in_block": 4,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T05:52:06",
"op": [
"vote",
{
"voter": "mathsinnature",
"author": "universecrypto",
"permlink": "how-to-invest-in-blockchain",
"weight": 10000
}
]
}dkffjqmgupvoted (100.00%) @universecrypto / how-to-invest-in-blockchain2018/04/17 05:21:24
dkffjqmgupvoted (100.00%) @universecrypto / how-to-invest-in-blockchain
2018/04/17 05:21:24
| voter | dkffjqmg |
| author | universecrypto |
| permlink | how-to-invest-in-blockchain |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21637536/Trx 3c36127b0aa36dd28ca34891b7f4e7df662f24ea |
View Raw JSON Data
{
"trx_id": "3c36127b0aa36dd28ca34891b7f4e7df662f24ea",
"block": 21637536,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T05:21:24",
"op": [
"vote",
{
"voter": "dkffjqmg",
"author": "universecrypto",
"permlink": "how-to-invest-in-blockchain",
"weight": 10000
}
]
}coin.infoupvoted (6.94%) @universecrypto / how-to-invest-in-blockchain2018/04/17 05:19:51
coin.infoupvoted (6.94%) @universecrypto / how-to-invest-in-blockchain
2018/04/17 05:19:51
| voter | coin.info |
| author | universecrypto |
| permlink | how-to-invest-in-blockchain |
| weight | 694 (6.94%) |
| Transaction Info | Block #21637505/Trx 9c03f29517166229662fe128d06b09f92205d6f3 |
View Raw JSON Data
{
"trx_id": "9c03f29517166229662fe128d06b09f92205d6f3",
"block": 21637505,
"trx_in_block": 26,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T05:19:51",
"op": [
"vote",
{
"voter": "coin.info",
"author": "universecrypto",
"permlink": "how-to-invest-in-blockchain",
"weight": 694
}
]
}2018/04/17 05:19:48
2018/04/17 05:19:48
| parent author | universecrypto |
| parent permlink | how-to-invest-in-blockchain |
| author | coin.info |
| permlink | re-universecrypto-how-to-invest-in-blockchain-20180417t051949010z |
| title | |
| body | **Coins mentioned in post:** Coin | | Price (USD) | 📉 24h | 📈 7d - | - | - | - | - **ATM** | ATMChain | 0.004$ | _-4.41%_ | _20.25%_ **BTC** | Bitcoin | 8014.130$ | _-1.13%_ | _18.51%_ **QTUM** | Qtum | 16.447$ | _1.85%_ | _23.64%_ **WAVES** | Waves | 4.814$ | _0.77%_ | _39.01%_ |
| json metadata | {"app":"coininfo/1.0.0","format":"markdown"} |
| Transaction Info | Block #21637504/Trx b76bc99e27c6f879a6d172e0a764912c61755fb3 |
View Raw JSON Data
{
"trx_id": "b76bc99e27c6f879a6d172e0a764912c61755fb3",
"block": 21637504,
"trx_in_block": 52,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T05:19:48",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "how-to-invest-in-blockchain",
"author": "coin.info",
"permlink": "re-universecrypto-how-to-invest-in-blockchain-20180417t051949010z",
"title": "",
"body": "**Coins mentioned in post:**\n\nCoin | | Price (USD) | 📉 24h | 📈 7d\n- | - | - | - | -\n**ATM** | ATMChain | 0.004$ | _-4.41%_ | _20.25%_\n**BTC** | Bitcoin | 8014.130$ | _-1.13%_ | _18.51%_\n**QTUM** | Qtum | 16.447$ | _1.85%_ | _23.64%_\n**WAVES** | Waves | 4.814$ | _0.77%_ | _39.01%_",
"json_metadata": "{\"app\":\"coininfo/1.0.0\",\"format\":\"markdown\"}"
}
]
}2018/04/17 05:18:27
2018/04/17 05:18:27
| parent author | universecrypto |
| parent permlink | how-to-invest-in-blockchain |
| author | gaman |
| permlink | how-to-invest-in-blockchain-gaman-04172018 |
| title | |
| body | Resteemed your article. This article was resteemed because you are part of the New Steemians project. You can learn more about it here: https://steemit.com/introduceyourself/@gaman/new-steemians-project-launch |
| json metadata | {"app": "pysteem/0.5.4"} |
| Transaction Info | Block #21637477/Trx c9baa989c1df193676c7cab31d70958fa287512a |
View Raw JSON Data
{
"trx_id": "c9baa989c1df193676c7cab31d70958fa287512a",
"block": 21637477,
"trx_in_block": 24,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T05:18:27",
"op": [
"comment",
{
"parent_author": "universecrypto",
"parent_permlink": "how-to-invest-in-blockchain",
"author": "gaman",
"permlink": "how-to-invest-in-blockchain-gaman-04172018",
"title": " ",
"body": "Resteemed your article. This article was resteemed because you are part of the New Steemians project. You can learn more about it here: https://steemit.com/introduceyourself/@gaman/new-steemians-project-launch",
"json_metadata": "{\"app\": \"pysteem/0.5.4\"}"
}
]
}universecryptopublished a new post: how-to-invest-in-blockchain2018/04/17 05:04:24
universecryptopublished a new post: how-to-invest-in-blockchain
2018/04/17 05:04:24
| parent author | |
| parent permlink | invest |
| author | universecrypto |
| permlink | how-to-invest-in-blockchain |
| title | How to invest in blockchain |
| body | As the technology continues to grow there will be many opportunities for investors. There will be growth from banks and financial institutions that are leveraging the technology successfully. Blockchain is not a physical asset you can purchase but you can buy stock in fast growing public companies who are selling solutions leveraging blockchain technology. To that end, there are a variety of ways for investors who are looking to the answer on how to invest in blockchain, detailed below. Stocks Investing in stocks is the obvious place to start when thinking of “how to invest in blockchain.” While the list of blockchain stocks is relatively short, there are at least several for investors to choose from, including: • BTCS (OTCQB:BTCS), which is the first publicly-traded blockchain company in the US. • Global Arena Holding (OTC:GAHC), who invested in the Blockchain Technologies Corporation and is looking to applying blockchain techniques to ATM services. • HashingSpace (OTCMKTS:HSHS) is working towards providing tools needed for future blockchain technologies. • DigitalX (ASX:DCC) uses blockchain to develop fintech products to build secure ledger systems, particularly in mobile bill payments. • BTL Group (TSXV:BTL), whose blockchain services are used in a variety of industries, including banks and fantasy sports. • Coinsilium Group (ISDX:COIN) develops as well as invests in blockchain companies. It was the first blockchain company to file an IPO. • First Bitcoin Capital (OTCMKTS:BITCF) focuses on acquiring bitcoin startups and funding companies through developing bitcoin software and hardware. Crowdfunding While it may not be an immediate choice on how to invest in blockchain, crowdfunding platforms are an attractive way for investors to jump into blockchain investing. As Ameer Rosic, CEO of Blockgeeks describes, crowdfunding is an easy way for innovative projects to obtain money. This is where blockchain steps in. Rosic states blockchain crowdfunding allows startup companies to come up with their own digital currencies to sell.Examples of blockchain crowdfunding platforms include: • BnkToTheFuture, whose platform allows for investors to invest in fintech companies and funds. • QTUM permits the execution of “smart contracts and decentralized applications.” It also provides easy ways for standardizing the workflow of business and smart contract development. • Waves, which is a crypto-platform for token assurance, transfer and blockchain trading. Putting it simply, the increase in demand from companies who are putting blockchain at the heart of their operations and consumers demanding the faster and cheaper services blockchain enables continues to drive growth of the sector and, in turn, more opportunities for how to invest in blockchain. |
| json metadata | {"tags":["invest","in","blockchain","digital"],"image":["https://steemitimages.com/DQmSfe3bqvPs8NXcvgqBCfMnEBUKCVnpVyePJJvUMwDfsMV/blockchain-tracker-government-citi-ups.jpg"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21637197/Trx fdc0484b3bd9cf503ef022e3dc00f56482f7fed3 |
View Raw JSON Data
{
"trx_id": "fdc0484b3bd9cf503ef022e3dc00f56482f7fed3",
"block": 21637197,
"trx_in_block": 23,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-17T05:04:24",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "invest",
"author": "universecrypto",
"permlink": "how-to-invest-in-blockchain",
"title": "How to invest in blockchain",
"body": "As the technology continues to grow there will be many opportunities for investors.\nThere will be growth from banks and financial institutions that are leveraging the\ntechnology successfully. Blockchain is not a physical asset you can purchase but you\ncan buy stock in fast growing public companies who are selling solutions leveraging\nblockchain technology.\nTo that end, there are a variety of ways for investors who are looking to the answer on\nhow to invest in blockchain, detailed below.\nStocks\nInvesting in stocks is the obvious place to start when thinking of “how to invest in\nblockchain.” While the list of blockchain stocks is relatively short, there are at least\nseveral for investors to choose from, including:\n• BTCS (OTCQB:BTCS), which is the first publicly-traded blockchain company in the US.\n• Global Arena Holding (OTC:GAHC), who invested in the Blockchain Technologies\nCorporation and is looking to applying blockchain techniques to ATM services.\n• HashingSpace (OTCMKTS:HSHS) is working towards providing tools needed for future\nblockchain technologies.\n• DigitalX (ASX:DCC) uses blockchain to develop fintech products to build secure ledger\nsystems, particularly in mobile bill payments.\n• BTL Group (TSXV:BTL), whose blockchain services are used in a variety of industries,\nincluding banks and fantasy sports.\n• Coinsilium Group (ISDX:COIN) develops as well as invests in blockchain companies. It\nwas the first blockchain company to file an IPO.\n• First Bitcoin Capital (OTCMKTS:BITCF) focuses on acquiring bitcoin startups and\nfunding companies through developing bitcoin software and hardware.\nCrowdfunding\nWhile it may not be an immediate choice on how to invest in blockchain, crowdfunding\nplatforms are an attractive way for investors to jump into blockchain investing. As Ameer\nRosic, CEO of Blockgeeks describes, crowdfunding is an easy way for innovative\nprojects to obtain money.\nThis is where blockchain steps in. Rosic states blockchain crowdfunding allows startup\ncompanies to come up with their own digital currencies to sell.Examples of blockchain crowdfunding platforms include:\n• BnkToTheFuture, whose platform allows for investors to invest in fintech companies and\nfunds.\n• QTUM permits the execution of “smart contracts and decentralized applications.” It also\nprovides easy ways for standardizing the workflow of business and smart contract\ndevelopment.\n• Waves, which is a crypto-platform for token assurance, transfer and blockchain trading.\nPutting it simply, the increase in demand from companies who are putting blockchain at\nthe heart of their operations and consumers demanding the faster and cheaper services\nblockchain enables continues to drive growth of the sector and, in turn, more\nopportunities for how to invest in blockchain.",
"json_metadata": "{\"tags\":[\"invest\",\"in\",\"blockchain\",\"digital\"],\"image\":[\"https://steemitimages.com/DQmSfe3bqvPs8NXcvgqBCfMnEBUKCVnpVyePJJvUMwDfsMV/blockchain-tracker-government-citi-ups.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}sensationupvoted (100.00%) @universecrypto / bitcoin-blockchain-and-initial-coin-offerings2018/04/16 19:54:24
sensationupvoted (100.00%) @universecrypto / bitcoin-blockchain-and-initial-coin-offerings
2018/04/16 19:54:24
| voter | sensation |
| author | universecrypto |
| permlink | bitcoin-blockchain-and-initial-coin-offerings |
| weight | 10000 (100.00%) |
| Transaction Info | Block #21626205/Trx 4f9c2d828e5a50b4e6977b775b80ae9de3e204f3 |
View Raw JSON Data
{
"trx_id": "4f9c2d828e5a50b4e6977b775b80ae9de3e204f3",
"block": 21626205,
"trx_in_block": 82,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-16T19:54:24",
"op": [
"vote",
{
"voter": "sensation",
"author": "universecrypto",
"permlink": "bitcoin-blockchain-and-initial-coin-offerings",
"weight": 10000
}
]
}acknowledgementupvoted (10.00%) @universecrypto / bitcoin-blockchain-and-initial-coin-offerings2018/04/16 19:02:54
acknowledgementupvoted (10.00%) @universecrypto / bitcoin-blockchain-and-initial-coin-offerings
2018/04/16 19:02:54
| voter | acknowledgement |
| author | universecrypto |
| permlink | bitcoin-blockchain-and-initial-coin-offerings |
| weight | 1000 (10.00%) |
| Transaction Info | Block #21625175/Trx 273592aa2b5332ea75f51c050c720ec81fc04879 |
View Raw JSON Data
{
"trx_id": "273592aa2b5332ea75f51c050c720ec81fc04879",
"block": 21625175,
"trx_in_block": 3,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-16T19:02:54",
"op": [
"vote",
{
"voter": "acknowledgement",
"author": "universecrypto",
"permlink": "bitcoin-blockchain-and-initial-coin-offerings",
"weight": 1000
}
]
}universecryptopublished a new post: bitcoin-blockchain-and-initial-coin-offerings2018/04/16 18:28:42
universecryptopublished a new post: bitcoin-blockchain-and-initial-coin-offerings
2018/04/16 18:28:42
| parent author | |
| parent permlink | bitcoin |
| author | universecrypto |
| permlink | bitcoin-blockchain-and-initial-coin-offerings |
| title | Bitcoin, Blockchain and Initial Coin Offerings |
| body | The terms bitcoin, blockchain and initial coin offering (ICO) may seem synonymous to those lacking familiarity with digital currency and the technology underlying it. Though there is a strong link between the three terms, they do not refer to the same thing. In simplistic terms, bitcoin is a digital currency. Its encryption characteristics make it describable as a cryptocurrency as well. A blockchain is a digital ledger. These digital ledgers can be used for virtual currencies as well as other digital assets (e.g., a medical record). An initial coin offering allows individuals and entities to purchase a new digital currency or token. In this Investor Professor column, we explain the three terms to give you a better understanding of each. The purpose is not to promote digital currencies as a new asset class worthy of consideration, but rather simply to provide a better understanding of them. The Origins The concept of bitcoin dates back to a 2009 white paper credited to Satoshi Nakamoto, “Bitcoin: A Peer-to-Peer Electronic Cash System.” As of this writing, Nakamoto’s identity remains unknown. The individual or group posting online as Nakamoto has never revealed their identity. They have also not made any known appearances either online or in the real world since 2010.The white paper presented an idea for a “purely peer-to-peer version of electronic cash.” This system was envisioned as allowing the transfer of payments outside of financial institutions. Transactions would be tracked via what was described as “an ongoing chain of hash-based proof-of-work.” According to the bitcoin.org website, the concept of cryptocurrencies was first discussed approximately 10 years earlier by Wei Dai, a computer engineer, on an email list. The original idea was to have a digital form of currency outside the realm of central authorities. Blockchain A blockchain is basically a distributed ledger. A decentralized network of computers running software worldwide provides the capability to permanently record information on this ledger. This information can’t be changed, is transparent to all and has no central authority or single control point. If one computer goes down on the network, there’s no disruption to the blockchain, which continues to record information and update that information to every computer on the network. This technology allows for the tracking of records such as ownership, media and medical records. Technically, the data on the blockchain is recorded in blocks. A block contains a transaction data, a time stamp and typically a hash. A hash is a set of numbers and letters. The hash contains data and links to a previous block. The process allows the data’s record to be amended (e.g., adding the transaction of one person selling the digital currency to another person), but makes it difficult to edit the record. An edit would require altering all records in the chain associated with the data. The Nakamoto paper specifically addressed the issue of trust. Under the system described, the data was not only encrypted, but blocks had to be verified by others on the network. This verification process is designed to prevent fraud, such as someone trying to duplicate a bitcoin so that two versions of the same bitcoin can be used. There are several reasons why blockchain technology has attracted interest. It can be used on a distributed network of computers using open source software—put another way, blockchain technology is relatively cheap. Once a transaction is added to the digital ledger, it cannot be altered without changing prior transaction data. The data is encrypted, providing security. Additionally, the information is transparent to all accessing it. Bitcoin and Other Digital Cryptoassets Bitcoin is essentially the “reward” system that keeps the eco-system of this distributed network operating. The digital currency bitcoin is created (“mined”) by computers (or nodes) on a blockchain verifying the transactions on the network. In other words, bitcoin is a form of compensation verifying transactions. 1 Bitcoin has been used as a digital currency and only exists in electronic form, not in physical form the way a nickel or a quarter does. Bitcoin is not backed by any government or any physical asset (e.g., gold), and its value is solely determined by the number of people who view it as being worth a certain amount. There is a set amount of bitcoin that will be created (21 million). Proponents argue that this characteristic makes bitcoin a disinflationary currency. There were well over 800 other digital assets as of December 2017, including ethereum and litecoin, with more still being created. Jack Tatar, co-author of “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” (McGraw-Hill Education, 2017) defines these as cryptoassets with subclasses of cryptocurrencies (like bitcoin and litecoin), cryptocommodities (ethereum) and the growing area of cryptotokens, which are the applications being built to address new business ideas. Digital assets require both a private and public key for security purposes. Because of the blockchain, a public key is known to all, but the private key provides security for the holder of a digital asset. These assets can be held on an exchange (such as Coinbase), which has access to your private key, or off-network (aka “cold storage) on a device such as a flash drive, which is more secure. Unlike with banks (FDIC) or brokerage firms (SIPC), there are no protections should an exchange fail. If your digital assets are held off-network, care must be taken to ensure your private key is both not lost and is kept in a secure location (such as a safe deposit box). Initial Coin Offerings An initial coin offering is a solicitation to buy virtual coins or tokens. Depending who is promoting the ICO, prospective buyers may be told to expect some type of return on their investment. ICOs should not be confused with IPOs. An IPO is an initial public offering of equity made by a corporation. Equity gives you ownership privileges, including claims on assets in the event of bankruptcy and (in most cases) voting rights. An ICO may or may not be an offering of securities. Even if it is a security offering, an ICO may not convey the same rights and privileges an actual (initial or secondary) equity offering offers. This is a key point because an ICO is often a bet on the specific digital coin, token or even platform succeeding. ICOs are often not an investment in blockchain technology itself. If the ICO represents the offer and sale of securities, the offering itself must either be registered with the U.S. Securities and Exchange Commission (SEC) or have received an exemption for it. Before participating in an ICO, it is absolutely critical to demand and read all documentation involving the ICO. This documentation can include white papers and a business plan. You should fully understand how you would be able to get your money back and whether or not the token offered can be traded on other platforms. As is the case with any investment offering, be wary of any promoter promising high returns. Excitement over cryptocurrencies has attracted the attention of fraudsters. Exercise a high degree of skepticism before participating in any ICO. Tax Consequences The Internal Revenue Service treats digital currencies, such as bitcoin, as property. Any gains or losses from the exchange of digital currencies for other property counts as capital gain or loss for tax purposes. The IRS elaborated in Notice 2014-21: “A taxpayer generally realizes ordinary gain or loss on the sale or exchange of virtual currency that is not a capital asset in the hands of the taxpayer. Inventory and other property held mainly for sale to customers in a trade or business are examples of property that is not a capital asset.” For those who mine digital currencies, the fair market value of the virtual currency as of the date of receipt counts as gross income. If the mining constitutes a trade or business, the net earnings are subject to the self-employment tax. The Risks of Being an Early Investor According to cryptocurrency website CoinSchedule, 210 ICOs were completed in 2017, raising a cumulative $3.88 billion. As of mid-March, 142 ICOs have been completed during the first quarter of 2018, raising a cumulative $4.68 billion. Among the largest were Filecoin—a storage network whose tokens it claims can be exchanged for other cryptocurrencies and the U.S. dollar—and Hdac, a forthcoming platform for “internet of things” contracts and machine-to-machine transactions. During the dot-com bubble of the late 1990s, many new companies were formed to take advantage of the then-emerging World Wide Web and the popularity for it. Most of these companies no longer exist. Many have gone bankrupt or were acquired at valuations far below what they commanded during the bubble. Of the comparatively small group of survivors, some continue to trade at prices below their peak levels. It’s worth noting that the largest current technology companies now either didn’t exist the during the dot-com bubble (e.g., Facebook and Netflix) or have significantly altered their business models since then (e.g., Amazon and Apple). Similar patterns have occurred with many other significant technological advances. For example, Motorola, Nokia and Research in Motion (Blackberry) were all dominant in the mobile phone field before Apple and Samsung emerged with more popular phones. |
| json metadata | {"tags":["bitcoin","blockchain","initial","coin","offering"],"image":["https://steemitimages.com/DQmR5PE1d872zrWckqe5ewayr2NKtbDdyfRjj3vpJVX9frq/Screenshot_6.png"],"app":"steemit/0.1","format":"markdown"} |
| Transaction Info | Block #21624491/Trx 0ce3c0df7433423b02b1c9aa4ff0dcfb46d7ad9f |
View Raw JSON Data
{
"trx_id": "0ce3c0df7433423b02b1c9aa4ff0dcfb46d7ad9f",
"block": 21624491,
"trx_in_block": 40,
"op_in_trx": 0,
"virtual_op": 0,
"timestamp": "2018-04-16T18:28:42",
"op": [
"comment",
{
"parent_author": "",
"parent_permlink": "bitcoin",
"author": "universecrypto",
"permlink": "bitcoin-blockchain-and-initial-coin-offerings",
"title": "Bitcoin, Blockchain and Initial Coin Offerings",
"body": "The terms bitcoin, blockchain and initial coin offering (ICO) may seem synonymous to those lacking familiarity with digital currency and the technology underlying it. Though there is a strong link between the three terms, they do not refer to the same thing.\n\nIn simplistic terms, bitcoin is a digital currency. Its encryption characteristics make it describable as a cryptocurrency as well. A blockchain is a digital ledger. These digital ledgers can be used for virtual currencies as well as other digital assets (e.g., a medical record). An initial coin offering allows individuals and entities to purchase a new digital currency or token.\n\nIn this Investor Professor column, we explain the three terms to give you a better understanding of each. The purpose is not to promote digital currencies as a new asset class worthy of consideration, but rather simply to provide a better understanding of them.\n\nThe Origins\nThe concept of bitcoin dates back to a 2009 white paper credited to Satoshi Nakamoto, “Bitcoin: A Peer-to-Peer Electronic Cash System.” As of this writing, Nakamoto’s identity remains unknown. The individual or group posting online as Nakamoto has never revealed their identity. They have also not made any known appearances either online or in the real world since 2010.The white paper presented an idea for a “purely peer-to-peer version of electronic cash.” This system was envisioned as allowing the transfer of payments outside of financial institutions. Transactions would be tracked via what was described as “an ongoing chain of hash-based proof-of-work.”\n\nAccording to the bitcoin.org website, the concept of cryptocurrencies was first discussed approximately 10 years earlier by Wei Dai, a computer engineer, on an email list. The original idea was to have a digital form of currency outside the realm of central authorities.\n\nBlockchain\nA blockchain is basically a distributed ledger. A decentralized network of computers running software worldwide provides the capability to permanently record information on this ledger. This information can’t be changed, is transparent to all and has no central authority or single control point. If one computer goes down on the network, there’s no disruption to the blockchain, which continues to record information and update that information to every computer on the network. This technology allows for the tracking of records such as ownership, media and medical records. Technically, the data on the blockchain is recorded in blocks.\n\nA block contains a transaction data, a time stamp and typically a hash. A hash is a set of numbers and letters. The hash contains data and links to a previous block. The process allows the data’s record to be amended (e.g., adding the transaction of one person selling the digital currency to another person), but makes it difficult to edit the record. An edit would require altering all records in the chain associated with the data.\n\nThe Nakamoto paper specifically addressed the issue of trust. Under the system described, the data was not only encrypted, but blocks had to be verified by others on the network. This verification process is designed to prevent fraud, such as someone trying to duplicate a bitcoin so that two versions of the same bitcoin can be used.\n\nThere are several reasons why blockchain technology has attracted interest. It can be used on a distributed network of computers using open source software—put another way, blockchain technology is relatively cheap. Once a transaction is added to the digital ledger, it cannot be altered without changing prior transaction data. The data is encrypted, providing security. Additionally, the information is transparent to all accessing it.\n\nBitcoin and Other Digital Cryptoassets\nBitcoin is essentially the “reward” system that keeps the eco-system of this distributed network operating. The digital currency bitcoin is created (“mined”) by computers (or nodes) on a blockchain verifying the transactions on the network. In other words, bitcoin is a form of compensation verifying transactions.\n\n\n1\nBitcoin has been used as a digital currency and only exists in electronic form, not in physical form the way a nickel or a quarter does. Bitcoin is not backed by any government or any physical asset (e.g., gold), and its value is solely determined by the number of people who view it as being worth a certain amount. There is a set amount of bitcoin that will be created (21 million). Proponents argue that this characteristic makes bitcoin a disinflationary currency.\n\nThere were well over 800 other digital assets as of December 2017, including ethereum and litecoin, with more still being created. Jack Tatar, co-author of “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” (McGraw-Hill Education, 2017) defines these as cryptoassets with subclasses of cryptocurrencies (like bitcoin and litecoin), cryptocommodities (ethereum) and the growing area of cryptotokens, which are the applications being built to address new business ideas.\n\nDigital assets require both a private and public key for security purposes. Because of the blockchain, a public key is known to all, but the private key provides security for the holder of a digital asset. These assets can be held on an exchange (such as Coinbase), which has access to your private key, or off-network (aka “cold storage) on a device such as a flash drive, which is more secure. Unlike with banks (FDIC) or brokerage firms (SIPC), there are no protections should an exchange fail. If your digital assets are held off-network, care must be taken to ensure your private key is both not lost and is kept in a secure location (such as a safe deposit box).\n\nInitial Coin Offerings\nAn initial coin offering is a solicitation to buy virtual coins or tokens. Depending who is promoting the ICO, prospective buyers may be told to expect some type of return on their investment.\n\nICOs should not be confused with IPOs. An IPO is an initial public offering of equity made by a corporation. Equity gives you ownership privileges, including claims on assets in the event of bankruptcy and (in most cases) voting rights. An ICO may or may not be an offering of securities. Even if it is a security offering, an ICO may not convey the same rights and privileges an actual (initial or secondary) equity offering offers.\n\nThis is a key point because an ICO is often a bet on the specific digital coin, token or even platform succeeding. ICOs are often not an investment in blockchain technology itself. If the ICO represents the offer and sale of securities, the offering itself must either be registered with the U.S. Securities and Exchange Commission (SEC) or have received an exemption for it.\n\nBefore participating in an ICO, it is absolutely critical to demand and read all documentation involving the ICO. This documentation can include white papers and a business plan. You should fully understand how you would be able to get your money back and whether or not the token offered can be traded on other platforms.\n\nAs is the case with any investment offering, be wary of any promoter promising high returns. Excitement over cryptocurrencies has attracted the attention of fraudsters. Exercise a high degree of skepticism before participating in any ICO.\n\nTax Consequences\nThe Internal Revenue Service treats digital currencies, such as bitcoin, as property. Any gains or losses from the exchange of digital currencies for other property counts as capital gain or loss for tax purposes.\n\nThe IRS elaborated in Notice 2014-21: “A taxpayer generally realizes ordinary gain or loss on the sale or exchange of virtual currency that is not a capital asset in the hands of the taxpayer. Inventory and other property held mainly for sale to customers in a trade or business are examples of property that is not a capital asset.”\n\nFor those who mine digital currencies, the fair market value of the virtual currency as of the date of receipt counts as gross income. If the mining constitutes a trade or business, the net earnings are subject to the self-employment tax.\n\nThe Risks of Being an Early Investor\nAccording to cryptocurrency website CoinSchedule, 210 ICOs were completed in 2017, raising a cumulative $3.88 billion. As of mid-March, 142 ICOs have been completed during the first quarter of 2018, raising a cumulative $4.68 billion. Among the largest were Filecoin—a storage network whose tokens it claims can be exchanged for other cryptocurrencies and the U.S. dollar—and Hdac, a forthcoming platform for “internet of things” contracts and machine-to-machine transactions.\n\nDuring the dot-com bubble of the late 1990s, many new companies were formed to take advantage of the then-emerging World Wide Web and the popularity for it. Most of these companies no longer exist. Many have gone bankrupt or were acquired at valuations far below what they commanded during the bubble. Of the comparatively small group of survivors, some continue to trade at prices below their peak levels.\n\nIt’s worth noting that the largest current technology companies now either didn’t exist the during the dot-com bubble (e.g., Facebook and Netflix) or have significantly altered their business models since then (e.g., Amazon and Apple). Similar patterns have occurred with many other significant technological advances. For example, Motorola, Nokia and Research in Motion (Blackberry) were all dominant in the mobile phone field before Apple and Samsung emerged with more popular phones.",
"json_metadata": "{\"tags\":[\"bitcoin\",\"blockchain\",\"initial\",\"coin\",\"offering\"],\"image\":[\"https://steemitimages.com/DQmR5PE1d872zrWckqe5ewayr2NKtbDdyfRjj3vpJVX9frq/Screenshot_6.png\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
}
]
}Manabar
Voting Power100.00%
Downvote Power100.00%
Resource Credits100.00%
Reputation Progress2.43%
{
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779090525
},
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779090525
},
"rc_account": {
"account": "universecrypto",
"rc_manabar": {
"current_mana": "10164408779",
"last_update_time": 1779090525
},
"max_rc_creation_adjustment": {
"amount": "2020748973",
"precision": 6,
"nai": "@@000000037"
},
"max_rc": "10164408779"
}
}Account Metadata
| POSTING JSON METADATA | |
| None | |
| JSON METADATA | |
| None |
{
"posting_json_metadata": {},
"json_metadata": {}
}Auth Keys
Owner
Single Signature
Public Keys
STM6CSaQLMvsiMtH5DgFGM8ZhRpqixjHoBsdULjxoojHBarh7UWpQ1/1
Active
Single Signature
Public Keys
STM6VTaqAoF9KCEbLMUyrW5xXD3oUbBSLs3gs3NoLeQt4xwQjyHSA1/1
Posting
Single Signature
Public Keys
STM6BUVMefu6vMsWiCyQDgZ3qNzwTLSkUYkTM6V6iG4GqSPeWgTHp1/1
Memo
STM6sieeW9tXamVtoQp28oP98eD61nhhBd68FT5CXWAEur8a7HyWy
{
"owner": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6CSaQLMvsiMtH5DgFGM8ZhRpqixjHoBsdULjxoojHBarh7UWpQ",
1
]
]
},
"active": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6VTaqAoF9KCEbLMUyrW5xXD3oUbBSLs3gs3NoLeQt4xwQjyHSA",
1
]
]
},
"posting": {
"weight_threshold": 1,
"account_auths": [],
"key_auths": [
[
"STM6BUVMefu6vMsWiCyQDgZ3qNzwTLSkUYkTM6V6iG4GqSPeWgTHp",
1
]
]
},
"memo": "STM6sieeW9tXamVtoQp28oP98eD61nhhBd68FT5CXWAEur8a7HyWy"
}Witness Votes
0 / 30
No active witness votes.
[]