I have been reading about bitcoin for years, but I have never taken action to buy it. Maybe I should not postpone it even more. Comparing the bitcoin price with the brazilian real, bitcoin has reached its highest quotation these days. The only problem is that price MATTERS and I don't exactly if I should wait to maybe buy it cheaper or not. What do you guys think?
https://i.redd.it/p3ui598ogmr51.gif NEST Protocol (NEST) is now available on DeFi Swap. Users can swap NEST, be NEST Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO. NEST Protocol is a distributed price oracle network that is on the Ethereum mainnet. It uses a unique "quotation mining" mechanism to ensure that off-chain price facts are generated on the chain synchronously. NEST Protocol provides price data that is directly generated on the chain, which solves the industry problem of a lack of price facts on the blockchain. NEST joins a growing list of tokens on DeFi Swap, such as REN (REN), UMA (UMA), Swerve (SWRV), Harvest Finance (FARM), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), (Wrapped) Ether (WETH), Tether (USDT), USD Coin (USDC), Dai (DAI), Chainlink (LINK), Compound (COMP) and Crypto.com Coin (CRO). Start swapping, farming and staking now. Please see blog for more details about DeFi Swap.
LOEx Market Research Report on October 13: BTC fluctuated within the range after rebounding and stabilizing
[Today's Hot Tips] 1.[Researcher of ConsenSys: The creation of the ETH 2.0 beacon chain is expected to be realized within six weeks] According to Coindesk, a researcher at ConsenSys and ETH 2.0 developer, Ben Edgington, stated that the ETH single-client test network Sapphire, Topaz and Onyx networks have been tested for a long time. The Medalla testnet launched in August currently has more than 50,000 validators participating. Four high-quality, audited and tested clients are expected to run when the beacon chain is released, namely Teku, Lighthouse, Nimbus and Prysm. Ben Edgington revealed that ETH plans to conduct another Zinken testnet test in mid-October. Deposit contracts will be deployed in the next few days. The goal is to achieve the creation of the beacon chain within six weeks. 2.[G7 Group cooperates with IMF, World Bank and BIS to establish central bank digital currency rules] According to Coindesk, the Group of Seven (G7) countries including Japan, the United States, and Europe stated in a report that it is cooperating with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to establish central bank digital currency rules . According to the report, by the end of 2022, G7 will complete the research and selection of the regulatory stability framework and CBDC design, technology and experiment. 3.[G7 Draft: Oppose Facebook to launch Libra stablecoin] According to a G7 draft statement, financial leaders of the seven largest economies (the United States, Canada, Japan, Germany, France, Italy, and the United Kingdom) will oppose Facebook’s launch of the Libra stablecoin at the Tuesday meeting until it is properly regulated. [Today's market analysis] Bitcoin (BTC)BTC has been trading sideways since the early hours of the morning, and it has risen around 5 o'clock, reaching a maximum of 11,724 USDT. At around 7 o'clock, it quickly fell and fell to 11,474.17 USDT. Mainstream currencies have been mixed during the day. BTC is currently trading at 11,471.2 USDT in LOEx, a decrease of 0.67% in 24h. The BTC overnight index strengthened again, with the highest quotation breaking through 11,700 points. The upside from the technical form is still not exhausted, and the target is at least 12,000. There is a short-term rise and fall, which is a technical adjustment, and there must be a top divergence pattern in a small period of 4 hours or less. As a result, the market has a callback. On the daily volume, the index has increased in volume, which is the normal state of volume and price. The market has upside and supplementary volume. There is still demand for short-term from form to volume and price. Major mainstream currencies are still bullish on dips, and bullish near support levels. In a shock range, it should be the main day to do more on dips under the bullish sentiment in the day, and dominate the short on rallies under the bearish sentiment. Pay close attention to the market sentiment cycle. Operation suggestions: Support level: the first support level is 11000 points, the second support level is 10800 integers; Resistance level: the first resistance level is 11500 points, the second resistance level is 12000 points. LOEx is registered in Seychelles. It is a global one-stop digital asset service platform with business distribution nodes in 20 regions around the world. It has been exempted from Seychelles and Singapore Monetary Authority (MAS) digital currency trading services. Provide services and secure encrypted digital currency trading environment for 2 million community members in 24 hours.
https://blog.crypto.com/nest-on-defi-swap/ NEST Protocol (NEST) is now available on DeFi Swap. Users can swap NEST, be NEST Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO. NEST Protocol is a distributed price oracle network that is on the Ethereum mainnet. It uses a unique "quotation mining" mechanism to ensure that off-chain price facts are generated on the chain synchronously. NEST Protocol provides price data that is directly generated on the chain, which solves the industry problem of a lack of price facts on the blockchain. NEST joins a growing list of tokens on DeFi Swap, such as REN (REN), UMA (UMA), Swerve (SWRV), Harvest Finance (FARM), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), (Wrapped) Ether (WETH), Tether (USDT), USD Coin (USDC), Dai (DAI), Chainlink (LINK), Compound (COMP) and Crypto.com Coin (CRO). Start swapping, farming and staking now.
An In-Depth Guide to: How do I Fix my Ledger Nano’s Stuck Ethereum Transaction?!?!?! (It’s Been Stuck for Weeks and NOTHING Traditional has Worked!!!!) As Well as: How Do I Choose My Nonce??? I’ve Tried MetaMask, MEW/MyEtherWallet, and Others, but Nothing is Working Correctly!!! I’m Dying by Stress!
So, if you were like me 1-2 months ago, you’ve probably already gone through 2,or 3, ...or 40 articles and guides that probably say something like: “YeP, eVeRy EtHeReUm UsEr WiLl EvEnTuAlLy HaVe ThE LoW-gAs ExPeRiEnCe, YoU’rE nOt AlOnE! DoN’t FrEaK OuT tHoUgH; ThErE iS a WaY tO fIx It!” Chances are, every time you read another useless article, you want to kill the nearest inanimate object, even though it was never alive in the first place. Nonetheless, you’re gonna kill it as much as it can be killed, holding nothing back; or, you’re just plotting to and slowly getting closer to executing the plan (and the object) every time you are insulted once again. However, if you have the ability to download software (MyCryptoWallet) on a PC, it should be safe to relax now. I think you’ve finally found some good news, because I am 99.99...% sure this will work for the issue that so many people are having at this time, around the end of the month of May, year 2020. More and more people are likely to be having this issue soon, since Ethereum's gas prices have been insanely high lately as well as having 300% price changes in a matter of minutes; Etherscan’s Gas tracker is nearly uselessly-inaccurate at this time. I've heard that there's a congestion attack; that was said a week ago, and it appears to be ongoing... (I can't think of any other suspect besides Justin Sun to blame it on... it must be incredibly expensive to overload the blockchain for this long... I may be wrong though...)
Let’s begin For myself, I was trying to send an ERC20 token when this dreadful issue attacked. Specifically, the token was either BSOV or GRT; I sent them 1 after the other and the first succeeded, and the second one took over a week. (They’re both great tokens in my opinion and deserve much more attention than they’ve been getting. BSOV is nearing its 1 year anniversary as I write this, and GRT is still in its 90 day community-development progress test, so of course I'm gonna take this opportunity to "shill" them; they are great tokens with great communities). I was able to finally fix it, after a week of mental agony (also the txn finally processed 1-2 hours before I found the solution, robbing me of the gratitude of fixing it myself... (╯‵□′)╯︵┻━┻ ...but now I guess I can hopefully save some of you the headaches that I endured... ) I’m providing the ability to do the same, in a step by step guide. Why did I go through all of this trouble? I'd fault the fact that I have ADHD and autism, which in my case can multiply each other’s intensity and cause me to “hyper-focus” on things, much much more than most with the same qualities, intentionally or not. Adderall is supposed to give me a bit of control over it, but except for in a very-generalized way, it’s still 90% up to chance and my default-capabilities to allow me control over my attention with self-willpower. But also Karma and Moons pls... ʘ‿ʘ
In MyCrypto, (I'm using the Windows 10 app, version 1.7.10) you will open to a screen that says "How would you like to access your wallet?". Choose Ledger, of course. (Unless your here for some non-ledger issue? Idk why you would be but ok.)
On the next screen (having your nano already plugged in, unlocked, and opened into the Ethereum app) click "Connect to Ledger Wallet"
A screen overlay should appear, titled: "Select an Address". Here is where it may get confusing for some users. Refer to "AAA" below to know how to find your account. (Geez, sorry lol that was a huge amount of info for a reddit reply; I might've over-elaborated a little bit too much. but hey it's valuable information nonetheless!)
After escaping the "AAA" section, you'll have accessed your account with MyCrypto. Awesome! To find your ERC20 tokens, (slight evil-laughter is heard from an unidentifiable origin somewhere in the back of your mind) go to "AAB".
(You may have decided to find the token(s) on your own, rather than daring to submit to my help again; if so, you may pity those who chose the other path... ~~(￣▽￣)~~) Now, once you've added your token, you should revert your attention to the account's transfer fill-out form!
I'll combine the steps you probably understood on your own, already. Put in the address that your stuck transaction is still trying to send currency to. If an ERC20 token is involved, use the drop-down menu to change "ETH" to the token in trouble. Input your amount into the box labeled... wait for it... "Amount". Click on "+Advanced".
Refer to Etherscan.com for the data you will need. Find the page for your "transaction(txn) hash/address" from the transaction history on the wallet/Ethereum-manager you used to send from. If that is unavailable, put your public address that your txn was sent from into the search tool and go to its info page; you should be able to find the pending txn there. Look to open the "more details" option to find the transaction's "Nonce" number.
Put the nonce in the "Nonce" box on MyCrypto; you will contest the pending txn with a new txn that offers larger gas fees, by using the same nonce. If (but most likely "When") the new transaction is processed first, for being more miner-beneficial, the nonce will then be completed, and the old transaction will be dropped because it requests an invalid, now-outdated nonce. Your account will soon be usable!
Go to the Gas Tracker, and it may or may not provide an informative reading. Choose whatever amount you think is best, but choose wisely; if you're too stingy it may get stuck again, and you'd need to pay another txn's gas to attempt another txn-fix.
At the time I write this, I'd recommend 50-100 gwei; to repeat myself, gas requirements are insane right now. To be safe, make the gas limit a little higher than MCW's automatic calculation, you may need to undo the check-mark for "Automatically Calculate Gas Limit".
Press "Send Transaction"!!!
You will need to validate the action through your nano. It will have you validate three different things if you are moving an ERC20 Token. It's a good idea to verify accuracy, as always.
Well, I hope this worked for you! If not, you can let me know in a reply and I'll try to figure it out with you. I like making these in-depth educational posts, so if you appreciate it please let me know; I'll probably make more posts like this in the future! ( Surely this is at least far better than Ledger's "Support" article where they basically just tell you "Yeah, we haven't bothered to make a way to manually select nonces. I guess we might try to make that available for Bitcoin accounts at some point in the future; who knows? lol"... that's not infuriating at all, right?)
AAA: Before I tell you how to find your address, I will first make it clear, within the italicized text, exactly which address you are looking for, if you are not already sure: You may also skip the text written in italics if your issue does not include an ERC20 token, if you wish. Ledger Live can confuse some users with its interface. On LL, to manage an ERC20 token, you first must go to your Ethereum account and add the token. When you then click on the added token under "Tokens" below the graph chart for your account's ETH amount over time, the screen will then open a new screen, that looks just the same, except focused on the specific ERC20 token. To confuse users further, there is then an option to "Star account", which then add the ETH icon with the ERC20 token's first letter or symbol overlapping, onto the easy access sidebar, as if it was another account of similar independency to the ETH account it was added to. This improperly displays the two "accounts" relation to each other. Your ERC20 holdings (at least for any and all ERC20 that I know of) are "held" in the exact-same address as the Ethereum address it was added to, which also "holds" any Ether you've added to it. You send both Ether (ETH) and any ERC20 Tokens to and from only Ethereum addresses of equivalent capabilities, in both qualities and quantities. In all basic terms and uses, they are the same. So, to know what the problematic account's address is, find the address of the Ethereum account it was added to in Ledger Live. Now, to find your address on MyCrypto, the most reliable way to find it, that I am aware of, is this: Open Ledger Live. Go to the screen of your Ethereum address (again, this is the one that you added your ERC20 token, if applicable. If you're not dealing with an ERC20 token, you may ignore everything I've put in Italics). Click on "Edit account"; this is the icon next to the star that may look like a hex-wrench tool. On the new screen-overlay, you will see "> ADVANCED LOGS". Click on the ">" and it will point down while revealing a drop-down with some data that you may or may not recognize/understand. Likely to be found indented and in the middle-ish area, you will see this line, or something hopefully similar: "freshAddressPath": "44'/60'/X'/0/0", The "X" will probably be the only thing that changes, and the actual data will have a number in its place; it will not be a letter. Let's now put that line to use in MyCrypto: Take the 44'/60'/X'/0/0 , and make sure you DO NOT copy the quotation marks, or that comma at the end either. You can do this before or after copying and/or pasting, but drop the second "/0" at the end; it was not necessary in my case, I expect that you won't need it either, and will probably just make MyCrypto see it as an invalid input. Okay, now go back to the "Select an Address" screen-overlay in MyCrypto. Next to "Addresses", click on the box on the right, and you should be shown a list of options to select from in a drop-down menu. Scroll all the way down, and you should find the "Custom" option at the very bottom. Select it. A new box will appear; probably directly to the right of the now-shortened box that now displays the "Custom" option that you just selected. This box will offer an interface for typed input. ...yep... once again, believe it or not, you should click it. Type " m/ ", no spaces before or after. Type in or paste the data we retrieved from ledger live. The box should now hold this: m/44'/60'/X'/0 Again, X should be a number. In fact, that number is probably equal to the number of Ethereum (not including any ERC20 wannabe) accounts that you've made on Ledger Live before making the one we're working on right now! (1st Eth. Acc. would have: X = 0, 2nd: X = 1, 3rd: X = 2, ...) Make sure you've included every apostrophe ( ' ), and solidus ( / ); there is NO APOSTROPHE for the "m" at the start and the "/0" at the end! If you press the enter key or click on the check-mark to the right of where you typed, the appropriate addresses will be generated, and the address you created through Ledger Live should be the first one on the list! Select your address and press "Unlock", and you are now accessing your account through the MyCrypto app's interface!
AAB: In order to access your ERC20 token, you will need to add them first. You may have to scroll down, but on the right-side of your unlocked account screen, you'll see a box with "Token Balances" as its header. Click "Scan for tokens". This may take a short bit of time, and when it's done it may or may not display your ERC20 token. If it worked, you can head on back to the main part. If you got the result I did, it won't display your token, or, if our result was exactly the same, it won't display any at all. However, you should now have the "Add Custom Token" option available, so see where that takes you. You should discover four boxes, specified in order (Address/ Decimals / Token_Symbol / Balance). You may only need to fill in the "Address" box, but if you need to fill others, you'll find those with the token's address; here's 2 ways to find it, if you don't already know. Method I: Since you've probably already been managing your token with Ledger Live, you can go to the LL screen of your "account" for that token; Right next to the account's icon, and directly above the name, you'll see: Contract: 0x??????...???????? Yes, go on; click it. You'll find the token's page on Etherscan; this was just a shortcut to the same place that both of the two previously referenced methods lead to. Skip to method... III? Method II: Go toEtherscan.com, or a similar Ethereum-blockchain-monitoring website, if you have a different preference. Search for the name of your token, and you should be able to see it as a search result. Activate your search manually of by selecting search option. Continue on with Method III. Method III (I&II; what makes you think there was a third method? I said 2!): At this point, you should find the "contract address" somewhere on the screen. This is the identity of the creature that breathes life into the token, allowing it to exist within the world of Ethereum. Steal it, and tell MyCrypto that you've left some of "your" tokens in the address of your ledger's Ethereum account. MyCrypto will trust and believe you without any concern or doubt, just by putting "your" contract address in the box for "Address"; it's almost too easy! Well whaddya know, this one isn't actually too long! Don't tell anyone who may have taken a little longer whilst finding out how to do it themselves, though. There's value in trying to do something on your own, at least at first, so I'll let them think they made the right choice (¬‿¬). But take this star for humbling yourself enough to seek further help when you need it, since that is a very important life skill as well! (o゜▽゜)o☆ Now, back to the useful stuff at the top...
EDIT: A comment below made me realize that this info should be added too. Here is my reply to the comment saying I could just use MetaMask. I said in the title that this guide is for questions where MEW and MetaMask aren’t working, but I guess it’s easy to miss. I used my u/caddark account to respond: (Using this account because u/caddarkcrypto doesn’t meet the karma/age standards to comment; the post had to be manually approved.) I guess I didn’t make it entirely clear; sorry: The target audience for this guide is anyone with a stuck Ethereum transaction that was initiated through Ledger Live AND are experiencing the same difficulties I had encountered while trying to fix this issue for myself. This wasn’t any regular stuck Ethereum transaction. Apparently before, there was an issue that made a Ledger Nano nearly impossible to connect to MetaMask (which is also Brave Browser’s integrated “crypto wallet” for the desktop version) and/or MEW (also perhaps any other browser wallets made for chrome and/or brave) that I heard was supposed to be fixed in a recent update. It might’ve been mostly patched, idk, but during my experience, (in which I was using the latest version of Ledger Live that is available right now,) that issue still remained. The really weird part was that it successfully connected to the browser wallets again after I fixed the stuck transaction. At first I thought that somehow the txn was what was bugging the connection. However, later, during no txn issues, I was again unable to connect. Seeing the same connection error again later, I opened up the MCW app I downloaded the day before, and was going to just use that. While in the process of operating MCW, I suddenly had another idea to try for the browser wallet so I went back to that just to quickly test it. The browser wallet worked perfectly... I don’t know how, but I think that somehow, something in MCW’s software, makes the browser wallets work. They don’t work for me without having MCW opened in the background first. EDIT 2: Markdown decided to stop working after I did the first edit... I might fix it tomorrow... how did that happen though??? What did I do? EDIT 3: nvm, I'm just fixing it now; I won't get much sleep tonight I guess.
NEST Protocol is a decentralized price oracle based on Ethereum. This baby is a goddamn DECENTRALISED PROJECT competing with $LINK $TRB & $BAND ( Chainlink, Tellor & Band ) How is NEST different from Chainlink？ The common oracle in the market include Chainlink, Tellor, Band, etc. We call them “indirect” oracle here. Their node is just the porter role of price data, and the price data off-chain is transferred to the on-chain contract. The NEST oracle is to directly generate prices on-chain by quoting the miner’s “two-way quotation” instead of feed price information, that means every single price generate by NEST Oracle have been verified by the market through pledge; this is an essential difference and is also unique to the NEST oracle. The former cannot effectively verify the price data, and each single quote on NEST will be verified by the market-wide validator. After passing the verification, it will participate in the price generation on the chain. It's on #8 Rank in Defi projects on Dappradar & is already doing $2.7 million in Dapp volume. It just got listed on exchange and surprisingly didn't dump. Rather the chart is looking like BITCOIN in the beginning days. All I know is that this shit is going to pump hard as the DEFI market grows. Grabbed a big BAG.
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project - Nest Protocol
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds a strong reputation in the digital asset industry, and thus the “Coinbase Standard” is considered as the industry benchmark for other digital asset projects, and the market has even seen the “Coinbase effect”. On July 25 2020, Coinbase quietly launched the pricing chart of a decentralized oracle project, NEST Protocol (NEST), into its portal. Although Coinbase has yet to announce the inclusion of the project in its evaluation list, it represents a keen interest in the DeFi sector, and particularly in the DeFi price oracle projects. NEST Protocol is the rising star in the decentralized price oracle sector Decentralized financial services offered by the current mainstream DeFi platforms such as MakerDAO, Compound, dYdX, etc. rely heavily on the market data provided by the oracle projects. Oracle projects act as reliable information sources to feed these price data to other DeFi Projects, connecting the price data from the centralized world to the DeFi space. As such, the price oracle is an integral part of the decentralized financial services infrastructure. Traditionally, the price oracle collects data from different platforms and feeds these data points to the DeFi space to create data reference points to enable them to function properly. However, many problems currently exist in the DeFi space, for example, blockchain network congestion, malicious attacks, wild market fluctuations, and other factors that may cause the data given by the price oracle to deviate from the true market data. These ultimately cause users to trade on wrong information in the DeFi space and increases such transaction costs. Decentralized finance requires a fast, secure, and reliable price oracle. The birth of the decentralized price oracle is the embodiment of the blockchain industry’s thinking, and the current market projects offering decentralized price oracle services which includes NEST Protocol, Chainlink, Band Protocol, Tellor, Witness, Oraclize, and many others. The innovation of NEST-Price is that every data point has been agreed upon by market validators, in line with the blockchain consensus mechanism. NEST-Price synchronizes the off-chain price in a highly decentralized manner, creating real and valid price data on-chain. This is the unique differentiator between NEST-Price and other price oracles. Compared with other price oracle projects, NEST also has other features and advantages, such as the proposed peer-to-peer quotation matching as well as its unique verifier verification structure, making NEST more resilient to malicious attacks, resulting in a more decentralized network, and it’s on-chain prices closer to the fair market price. All of this has resulted in the NEST Protocol becoming a rising star in the DeFi price oracle sector. HBTC.com selects high-quality projects to list and partnering with NEST to promote the development of DeFi ecosystem During the selection of quality assets, exchanges like HBTC.com and Coinbase adhere to the principle of a rigorous selection of assets from different projects to enable a proper range of digital assets. At the same time, in order to solve existing pain points in the digital asset industry, which currently lacks a market-making management solution, HBTC.com also has launched its own “coin listing crowdsourcing liquidity initiative “, redefining the exchange market making model. From Bitcoin News(https://news.bitcoin.com/building-the-infrastructure-for-the-future-decentralized-financial-market-coinbase-included-hbtc-com-debut-defi-project-nest-protocol/)
08-13 21:45 - 'Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project - Nest Protocol' (self.Bitcoin) by /u/Nest_Fan removed from /r/Bitcoin within 24-34min
''' As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds a strong reputation in the digital asset industry, and thus the “Coinbase Standard” is considered as the industry benchmark for other digital asset projects, and the market has even seen the “Coinbase effect”. On July 25 2020, Coinbase quietly launched the pricing chart of a decentralized oracle project, NEST Protocol (NEST), into its portal. Although Coinbase has yet to announce the inclusion of the project in its evaluation list, it represents a keen interest in the DeFi sector, and particularly in the DeFi price oracle projects. NEST Protocol is the rising star in the decentralized price oracle sector Decentralized financial services offered by the current mainstream DeFi platforms such as MakerDAO, Compound, dYdX, etc. rely heavily on the market data provided by the oracle projects. Oracle projects act as reliable information sources to feed these price data to other DeFi Projects, connecting the price data from the centralized world to the DeFi space. As such, the price oracle is an integral part of the decentralized financial services infrastructure. Traditionally, the price oracle collects data from different platforms and feeds these data points to the DeFi space to create data reference points to enable them to function properly. However, many problems currently exist in the DeFi space, for example, blockchain network congestion, malicious attacks, wild market fluctuations, and other factors that may cause the data given by the price oracle to deviate from the true market data. These ultimately cause users to trade on wrong information in the DeFi space and increases such transaction costs. Decentralized finance requires a fast, secure, and reliable price oracle. The birth of the decentralized price oracle is the embodiment of the blockchain industry’s thinking, and the current market projects offering decentralized price oracle services which includes NEST Protocol, Chainlink, Band Protocol, Tellor, Witness, Oraclize, and many others. The innovation of NEST-Price is that every data point has been agreed upon by market validators, in line with the blockchain consensus mechanism. NEST-Price synchronizes the off-chain price in a highly decentralized manner, creating real and valid price data on-chain. This is the unique differentiator between NEST-Price and other price oracles. Compared with other price oracle projects, NEST also has other features and advantages, such as the proposed peer-to-peer quotation matching as well as its unique verifier verification structure, making NEST more resilient to malicious attacks, resulting in a more decentralized network, and it’s on-chain prices closer to the fair market price. All of this has resulted in the NEST Protocol becoming a rising star in the DeFi price oracle sector. HBTC.com selects high-quality projects to list and partnering with NEST to promote the development of DeFi ecosystem During the selection of quality assets, exchanges like [HBTC.com]1 and Coinbase adhere to the principle of a rigorous selection of assets from different projects to enable a proper range of digital assets. At the same time, in order to solve existing pain points in the digital asset industry, which currently lacks a market-making management solution, HBTC.com also has launched its own “coin listing crowdsourcing [liquidity initiative]2 “, redefining the exchange market making model. HBTC.com, through its coin listing strategy, effectively reduces the problem of low liquidity in the early stages of high-quality projects, ensuring the smoothness of the user experience, and achieves a win-win situation for traders, the community, and the respective trading platform. These initiatives, coupled with reliable user protection and a responsible attitude, have earned a positive reputation among users. Since its inception, the HBTC.com exchange has been committed to the discovery of both quality and promising digital asset projects. At a time when DeFi is growing rapidly, HBTC.com has a unique perspective for the decentralized price oracle sector and has prioritized NEST as a premium partner to debut the project alongside with its global branding upgrade. In addition, HBTC.com has [100% proof of reserves]3 for traders to validate the existence of assets via the Merkle tree, which brings transparency to the extreme. In May 2020, NEST token delivered a 883.29% of return, at its peak, after its global debut on HBTC.com. At present, HBTC Exchange addresses holding NEST token accounts in a total of 141 million, ranked first in the overall network. At the same time, the HBTC Exchange network exclusively releases NEST staking mining and data show that NEST 24-hour turnover has reached $20.4 million. Post-listing of the NEST token, HBTC.com has also listed DeFi projects such as DF, OKS, NEST, SWTH, JST, NVT, and other DeFi projects with market potential; some projects have achieved astonishing performance in the secondary market. HBTC.com’s path to DeFi: developing public chains to prepare for the future ecosystem breakout. In terms of the DeFi product and ecosystem infrastructure, HBTC has deployed HBTC Chain since launched in 2018, an infrastructure designed for decentralized finance and DeFi business with patented Bluehelix decentralized cross-chain clearing and custody technology. The HBTC Chain is the DeFi ecosystem infrastructure that the team has spent a significant amount of effort to build. It is based on decentralization and community consensus and integrates cryptography and blockchain technologies to support decentralized association-based governance capabilities at the technical level. Based on decentralized key management, combining various cryptography tools including ECDSA, commitment, zero-knowledge proof, and multi-party computation, It implements the distributed private key generation and signature for cross-chain assets among all validators. On top of that, this technology can realize light-weight and non-intrusive cross-chain asset custody. On the clearing layer, HBTC Chain employs BHPOS consensus and horizontal sharding mechanisms to achieve high-performing transaction clearing, and implementation of OpenDex protocol to help the development of the DeFi ecosystem. In addition, with the success experience of Bluehelix Cloud SaaS and white label solutions and the HBTC Brokerage system, HBTC’s public chain also innovatively supports CEX+DEX mixed matchmaking model and OpenDex protocol and proposes the three-tier node system which consists of standard node + consensus node + core node. This structure provides HBTC public chain certain advantages in terms of performance and cross-chain transactions. Users can easily establish a DEX with OpenDex protocol at nearly zero cost, and all DEX will share the liquidity and support customized user interface and trading parameters. The trading experience can be completely comparable to centralized spot exchanges. With the launch of its test network, it is now possible to develop various DeFi applications on the HBTC public chain, such as decentralized swap, so that private keys are not controlled by any party; no KYC, which can prevent personal information leakage; and asset security through the setting of invalidation, cancellation of transactions and other functions, cross-chain asset mappings, such as the ability to issue cross-chain cBTC or other chain tokens, fully decentralized asset mapping contracts, and 100% reserves. Conclusion In the past few months, the DeFi market has been extremely active, the price of DeFi tokens has been rising, and a new round of competition with the centralized exchanges has started. HBTC Chain relies on the powerful technology of Bluehelix and [HBTC.com]1 , giving all public chains the ability to interconnect, and put into both DeFi and SaaS levels. Undoubtedly, as one of the first exchanges to build the DeFi ecosystem, HBTC is leading the breakout in the current DeFi craze and has now become the first choice of users to engage with quality DeFi projects. From BITCOIN news([[link]6 ) ''' Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project - Nest Protocol Go1dfish undelete link unreddit undelete link Author: Nest_Fan 1: *btc*com/ 2: m*diu**com/hbt***ficia*/hbt*-launches-ba**liquidi*y***owd*unding-li*ti*g-plan-redefine-t*e*exch*nge-*i*tin**m*d*l***6*58f*f1d* 3: hbtc.ze**e*k*co*/hc/*n-us/a**icles/3***46287754-HBT*-10*-*ro***of*Reserve 4: hb*c.co*/ 5: n*ws.bitcoin.c*m*bu*ld*ng-t**-infr***ructur*-f*r-the*fut*re*decen**ali**d-*inanc*a*-market-coi**as*-*ncluded-h*t*-*o*-*ebut-de**-p*oject-n*st-**otocol* 6: n**s.bit*oin*com/building-th*-infrast*u*ture*for-t*e-fut****decen**a**zed**inancia*-m*rket-coinbase-**c*uded-*b*c-c***deb***defi-**oject-*est**r**ocol/]^^5 Unknown links are censored to prevent spreading illicit content.
Yield Farming in DeFi — the Evolution outcome of the Crypto Industry
Yield Farming in DeFi — the Evolution outcome of the Crypto Industry Yield Farming (income farming) is one of the key trends actively developing in DeFi. Thanks to this earnings strategy, the Compound project has recently taken off, ranking first in terms of the number of user funds blocked in the protocol. The Yield Farming investment strategy, or income pharming, is to generate income from the placement of cryptocurrencies on various DeFi-platforms for crypto-lending. Before Yield Farming, the main trend in DeFi was conventional cryptocurrency deposits, bringing in 4–10% returns. However, Yield Farming can generate up to 100% annualized income.
Yield Farming is the main driver of the DeFi sector
The number of cryptocurrencies locked in DeFi (Total Value Locked — TVL) is now $2.29 billion. At the same time, over the past month, the capitalization of funds in DeFi has more than doubled, largely due to the popularity of income pharming. At the same time, the top five DeFi protocols attracted $2.1 billion in crypto assets, or 91.7% of the total TVL volume. • Compound — $690.8 million • MakerDAO — $644.7 million • Synthetix — $396 million • Aave — $192.4 million • Balancer — $178.2 million And the total number of users of these projects was about 230,000. The sharp rise in interest in Yield Farming is associated with one of the new protocols on the market — Compound. Users of this platform can provide loans or take out loans in nine different cryptocurrencies, for which they receive COMP project tokens. With these tokens, Compund users can make decisions about its future development. In other words, conditional “shares” of the Compound project are distributed to those who provide liquidity to the platform, as well as to those who take loans on it. This largely corresponds to the concept of SAFG (“a simple agreement on the possibility of obtaining the right to control in the future”) as a logical development of other principles of distribution of tokens — SAFE and SAFT.
COMP for BAT
Issued daily at 2880 COMP, which is equivalent to $518,688 at a token price of $180.1. Half goes to liquidity providers, half to borrowers. At the same time, distribution is carried out to each of nine markets (BAT, ETH, USDC, USDT, Dai, REP, 0x and Sai) — to everyone who borrows or takes loans from Compound, in proportion to the interest rate, as well as to their payments for interest or income. The higher the rates for a loan or loan, the more COMP tokens are paid. At the same time, Compound is constantly updating its token distribution rules. So, according to the latest update from July 2, COMP payments begin to be made based not on interest rates, but on the dollar value of the funds in the transaction. This should eventually lead to more use of stablecoins. For them, borrowing rates can be less than 1%, which is ten times less than for the most volatile asset in DeFi — the BAT token. It is worth noting that until recently, Compound users received the maximum number of COMP tokens for transactions with BAT. As a result, for the period from June 19 to July 2, the volume of transactions with this asset reached $931 million, which exceeded the total turnover of Ethereum and DAI for the same period. However, another change in the rules sharply increased the volumes of DAI and USDC.
Yield Farming: Borrowing Is Better Than Lending
The changes did not affect the main advantage of Compound — the COMP tokens received by users still cover the cost of borrowing in cryptocurrencies. In other words, Compound users find it more profitable to borrow than borrow (as noted, for example, with the Tether stablecoin). Payments of COMP tokens to borrowers look like a cryptocurrency cashback for participation in the platform — this can be viewed as if, for example, American Express bank shared a small share in the share capital with users for each transaction. This Compound policy has led to a sharp increase in loans, as well as increased income for those providing liquidity, as they also receive COMP tokens for participating in the platform. Moreover, this cashback is a plus to the interest earned on borrowed cryptocurrencies. Moreover, since borrowers receive payments on loans, liquidity providers can use their own assets to borrow more funds. As a result, their income increases and they again provide liquidity to Compound.
Not only Compound
Compound was not the only one that played an important role in popularizing Yield Farming. So, Aave makes it possible to borrow cryptocurrencies at a fixed rate, and then place them in order to generate income. Aave’s fixed rate is usually higher than Compound’s variable, which means Aave gives more income to those who provide crypto loans. There are also liquidity pools, such as Uniswap, which offer large returns (sometimes at 100% annualized rate), but with higher risks. While the price of СOMP shows a clear downward trend (research of the Delta Exchange platform claims that this token is five times overvalued), Compound is overgrown with competitors. So, on June 22, the COMP token cost $327.82 (on the day of listing on Coinbase Pro, June 23, at the moment the cost even rose to $427), and on July 12 it was already $180.1. The fall of СOMP is noticeable, but it is worth noting that at the beginning of its emission the token cost only $16. Moreover, about 80% of COMP tokens are distributed among the top 10 addresses in Compound, and the volume of tokens in free circulation is $686 million, which corresponds to a free-float indicator of 38%. It is not high, and this will contribute to the strong volatility of COMP. Against the background of a decrease in the cost of COMP, the Balancer platform, which provides crypto lending services from a pool of various ERC20 tokens, began distributing 145,000 native BAL tokens to liquidity providers every week. These tokens, like COMP, provide the right to participate in the management of the platform. Of the maximum possible issue of BAL 100 million, 65% will go towards payments.
Risks of Yield Farming
Despite the popularity of Yield Farming among DeFi players, this trend is not without its pitfalls. For example, Ethereum co-founder Vitalik Buterin continues to criticize DeFi, stating that “interest rates that are significantly higher than you can get when working in the field of traditional finance are either an opportunity for temporary arbitrage or are obtained at the expense of not publicly disclosed risks.” Indeed, when using Yield Farming, the following risks should be borne in mind: • Cryptocurrencies can be stolen from the platform they are hosted on. • The participant may borrow too much funds in relation to the crypto deposit placed by him (trading with high leverage), as a result of which the collateral may be lost. • The collapse of cryptocurrency rates. This factor can be realized if, for example, it turns out that some stablecoins in reality do not have the declared 1:1 collateral. • The Compound platform will no longer reward borrowers and lenders with COMP tokens. According to the statements of the project team, the program will operate over the next four years — during this time 42% of the total token emission will be distributed. However, the site has the right to change the rules. • Systemic risk, within which even small changes in the core principles of Yield Farming can provoke a very strong transformation of this strategy and affect its popularity. • Scam tokens. Due to the simple asset listing system on the Uniswap site, assets such as a copy of the Balancer token, fake coins of the Curve Finance project, the DYDX token, which can be confused with dYdX, and the Uniswap Community Token, which is not related to the platform itself, appeared on it. As a result, the site issued a warning about an increase in the number of fake ERC20 tokens.
Yield Farming gives hope for the growth of cryptocurrency quotes
But how does Yield Farming affect the crypto market in general? Over the last week of June and the first ten days of July, an additional 2,430 bitcoins were added to Compound, in addition to the 170 already available at that time. The Balancer platform during the same time saw an influx of bitcoins from 126 to 1787. In total, for the implementation of Yield Farming, DeFi protocols are now more than 12,000 BTC. Potentially, an increase in the inflow of bitcoins into this sector of the cryptocurrency market can play a positive role in relation to the dynamics of the growth of quotations of the first cryptocurrency. After all, the growing popularity of Yield Farming supports interest in BTC, which is especially important given that in July, the turnover of this cryptocurrency trade fell by 31% compared to June. Since most of the DeFi projects are based on the Ethereum blockchain and use the assets of this ecosystem, ether can potentially get an incentive for strong growth. Although the example of XRP and the development of innovations from Ripple shows that such market success is not guaranteed. It is also symbolic that the total capitalization of ERC20 tokens has reached $33 billion, exceeding the total capitalization of ether ($26.6 billion). Messari analyst Ryan Watkins, commenting on this data, said that ether has shown a very modest growth over the past two months, only 20%. The continued growth in interest in stablecoins and the increase in trading volume with them is also driven by their popularity at Yield Farming. Along with this, stablecoins, which have long become a “bridge” between the world of classical finance and the cryptosphere, also contribute to the rapid emergence of various CBDCs on the market.
Yield Farming meets institutional investors
Yield Farming has become a natural stage in the evolution of the cryptocurrency ecosystem. However, its further destiny, like all DeFi areas, is directly related to ensuring reliable cybersecurity. This is also important from the point of view of investors who invest in infrastructure: it’s a shame, for example, that the dForce platform faced the theft of $24 million in assets, having received $1.5 million in funding from investors a few days earlier. In this connection, venture funds from Silicon Valley are being invested in the development of infrastructure for Yield Farming. So, ParaFi is investing $4.5 million in Aave, supporting a platform that offers instant cryptocurrency loans without collateral. These are high-risk transactions for the borrower, but it is important that Aave develops further. So, it has service integration with Uniswap. Moreover, Aave became the first DeFi protocol to work with the Tether stablecoin. Plus, the platform now offers a new product — credit delegation, when a depositor can lend their assets to a specific member of the platform in a collateral-free scheme. Both parties enter into a loan agreement, which, thanks to the integration of Aave with OpenLaw, allows such a contract to be securely stored on the blockchain. In fact, this is a real exit for DeFi with Yield Farming to the classic financial market, to work with institutional investors as well. There is also a trend towards the integration of various platforms into DeFi, which thereby help each other grow. Thus, internal tokens and “synthetic” tokens (cTokens) Compound began to be used in Uniswap. And three projects at once — Synthetix, Curve and Ren — launched a joint pool providing liquidity in the form of tokenized bitcoins. Also in a short period of time, insurance products targeted at Yield Farming members, such as Nexus Mutual, began to appear on the market. Now the Nexus Mutual team has insured assets in the amount of $8.5 million. Curve Finance is most interested in this opportunity ($1.6 million of assets are insured). Cryptocurrencies for an average of $700,000 are also insured on the Balancer, Compound, Aave and 1inch.exchange platforms. Yield Farming, along with decentralized insurance products, confirms the opinion of analyst Chris Burniske, who emphasized that DeFi recreates all the elements that are found in classic finance, but on a new, innovative basis. So it cannot be said that Yield Farming is a short-term trend. This segment of the cryptosphere will continue to evolve despite the decline in net margin in it, as seen in the example of Compound. Subscribe to our Telegram channel
Chainlink Up 339% YTD, Making It The Tenth-Largest Cryptocurrency
Chainlink’s 95% Weekly Price Surge May Indicate The Start Of An Altcoin Season Despite that Bitcoin marks one of its longest non-volatile periods, Chainlink (LINK) makes another move into the green, with a 26% price increase in the past 24 hours. Chainlink also recorded a new all-time high of $8.40, before correcting to $7.85, as of press time. Тhe most recent price increase managed to boost LINK’s position in CoinMarketCap’s market capitalization chart to reach 10th place, surpassing projects like EOS, Tezos (XTZ), and Stellar (XLM). Source: CryptoBrowser.io Looking three months back, Chainlink’s price increased with 128%, with an almost tri-fold price boost since the March 12 “Black Thursday” global market wipeout. Since the start of 2020, Link’s price is up with 339%, making it one of the best-performing cryptocurrencies in 2020. The reason behind Chainlink’s massive price boost is the series of partnerships LINK sеcured with DeFi projects. Many of the DeFi projects need some kind of real-time price quotations, and Chainlink offers to them decentralized oracle network services. In just a week, Chainlink announced a series of key partnerships with companies like Kyber Network, Nexo Finance, REN protocol, Conflux Network and Bancor. The list of partnerships, combined with the bullish market stance on DeFi projects, may push LINK’s price above the $10 mark. But in order for LINK’s price to spike above 10$, Chainlink has to continue the successful partnership streak. Crypto experts like Josh Rager commented on the recent market situation, showing support for Chainlink in a Bitcoin-dominated crypto sector. Rager, who is co-founder of crypto learning platform Blockroots, and an official advisor to few blockchain startups, stated that Bitcoin maximalists should consider focusing their sight towards altcoins, because Bitcoin shows little to no movement. „Bitcoin is moving in a $1000 range, while Chainlink exploded from $3.65 to $8.50+”, Rager tweeted. Another crypto expert, Cole Garner, joined Josh Rager’s opinion, highlighting LINK had its first candle closed above the trendline, which may be the start for a parabolic movement. Crypto trader Scott Melker, known as “The Wolf of All Streets”, posted a graph on Twitter, showing exponential growth for LINK since its inception to present day. “The most-bullish crypto-asset I have seen in a long time,” Melker noted. However, Santiment – a crypto-focused behavior analytics company, stated that after such massive price gains, a “-9% retracement is commonly evident in the 12 days after being #1 on our Emerging Trends list.” Meanwhile, Bitcoin’s dominance retracted slightly, which further fueled the altcoin bulls, resulting in larger trading volumes for some of the projects.
BAL PRE IEO SALE: YOUR ONLY CHANCE TO GET DISCOUNTED BAL TOKENS
BuyAnyLight (BAL), a project that shares its origin with Almani Lighting, has recently launched its Pre-IEO sale offering. https://preview.redd.it/iys6ize8o0y31.png?width=1280&format=png&auto=webp&s=dc4f5f0a55de950945847a65bd3c6cfb7bb8632c This round was stared on November 1st, 2019. It will continue until January 31st, 2020, whereby it is allowing all small and medium-size ticket investors to purchase BAL Tokens at discounted pricing and in doing so, contribute to the growth of the project. This can be considered a remarkable deal for the early buyers as instead of paying 0.30303 per BAL token (the IEO price), you only have to pay 0.25. Moreover, the minimum purchasing limit is also significantly lowered to USD 50. To participate in the token sale, you can visit the website www.buyanylight.com/ieo and enter the amount you want to purchase. The next step is to enter your preferred payment currency, make the payments, and perform your KYC, and that is it, you have successfully bought your BAL Tokens. Acceptable currencies: US Dollars, Euros, Bitcoin, and Ethereum Why Participate in the BuyAnyLight Pre-IEO Sale? · Lower Investment Limits (Starting from USD 50) · 17.5% Discount on the IEO Price · Potential to generate 21.5% on your purchase made during this phase · BuyAnyLight (BAL) is associated with Almani Lighting which is a leading light sourcing company in the UAE market · Buy Any Light is a fully established marketplace. You can start sourcing lighting products now at your website buyanylight.com · Buy Any Light Platform offers a seamless and user-friendly Interface · BuyAnyLight offers filtered quotations that add to the convenience for buyers · BuyAnyLight Platform enables trustless payments · Lowest prices for buyers by connecting them with the right manufacturers while ruling out the role of retailers · Sellers can enjoy the benefits of e-commerce without having to develop a front-end store · Reduced transaction costs enabled by blockchain and tokenized payments · Liquidity to the token offered through tokenization and listing on crypto-asset exchanges · Providing a token with by real-life utility · SEED Round Investment of USD 2 Million is already achieved Who is eligible to purchase BAL tokens? · The purchaser must be of legal age, at least 18 years old, who can fulfill all the eligibility criteria and residency requirements. Legally competent to utilize the website and will uphold the virtue never to violate the terms and conditions of the contracts. · A purchaser must not be a citizen or resident of geographic location that prohibited cryptocurrencies transactions. It is imperative to mention that the BAL Platform has already been developed and is available for usage on buyanylight.com. So unlike traditional startups that are selling dreams, the BuyAnyLight project has utilized its own resources, time, and efforts for the last one and a half years and has created a fully operational platform. It is now time for the community and the angel investors to support the project further and help it grow, together, to disrupt the global LED industry with a potential of over 112.5 Billion Dollar industry within the next five years. Get Your Tokens Now Want to know more about the project or its potential as a lucrative investment opportunity? Check the white paper here One Pager Website Yellow Paper
Oil with surcharge and gasoline at a loss. Why is it good for bitcoin.
Oil with surcharge and gasoline at a loss. Why is it good for bitcoin. Quotations of supply futures for raw materials of the WTI and Urals brands fell below $0, the price of Brent barrels started to fall too. What is the reason for this, when the situation normalizes and how will it affect the prospects of digital money. On Monday, April 20, an extraordinary event happened in the oil market: May WTI delivery futures dropped to -$40. This means that the manufacturer will pay the buyer if he can pick up the raw materials and partially unload the storage. This situation happened yesterday with another variety, the Russian Urals. Its price fell to -$2. Brent also suffered, maybe not so much, but over the past day its rate has fallen by 9%, to $23.77. As a result, wholesale prices for gasoline fell sharply below cost in Russia, and oil companies were forced to sell it at a loss. Now companies are losing about 2.3 thousand rubles per ton of AI-92. This situation was caused by a decrease in demand for fuel due to a drop in car traffic. The reaction of the ruble and bitcoin The ruble also reacted to a drop in oil prices. His quotes fell to two-week lows. In the evening of April 20, the dollar exchange rate was 75.27 rubles, the euro — 81.69 rubles, according to the Moscow Exchange. According to EXANTE Managing Partner Alexei Kirienko, a reversal in commodity prices has returned anxiety to financial markets. “Once again, the sensitivity of the ruble and other financial instruments to the dynamics of markets is growing — all of them risk switching to risk-off mode. This means selling everything, including gold and bitcoin, as well as increasing traction in the dollar. It is likely that the ruble, which now looks abnormally strong with the current negative dynamics of oil, may at some point fall into decline», the expert suggested. He explained that negative oil prices are associated with an extreme manifestation of its oversupply. It is likely that the Cushing oil storage facility where the supply is going is full. Those who bought oil have no opportunity to accept it. The decrease in value provoked a surge of margin calls, and many traders received losses, the specialist added. “No one could even imagine such a picture and did not put it into their models. However, there is a positive side to bitcoin in this story: now no one can say that it is worthless, because oil, for example, is already in the red”, concluded the specialist. Bitcoin crash risks Yesterday, amid the turmoil in the oil market, Bitcoin fell in price. Its price again fell below $7,000. Now the first cryptocurrency costs $6917, over the past day it has lost 4% of its value. The coin has been trading at these levels in the past few weeks, and its volatility has fallen to a three-month low. This usually speaks in favor of the onset of strong fluctuations. On Monday, analyst Omkar Godbowl predicted that the main digital coin could soon fall in price to a key support level of $6450. Another trader, Yashu Gola, also spoke about the fast strong movements on April 20. According to him, the asset risks falling to $6,500, and then to $5,000. The opposite opinion is shared by Nikita Zuborev, senior analyst at Bestchange.ru. He believes that now the first cryptocurrency is in a range convenient for buying, and there are no serious prerequisites for a further fall: while the traditional market is experiencing turbulence, cryptocurrencies are becoming more attractive to investors. “If we compare the trend with world indices and the price of oil, we will not see any significant matches. Moreover, if there was any dependence of the cryptocurrency market on the hydrocarbon futures market, we would see a sharp rise after the rollback of WTI oil prices this morning”, Zuborev says. According to him, in a crisis, you can see the trend for the sale of assets, including cryptocurrencies, but this does not mean the connection of digital money with world indices. The situation with oil will not affect Bitcoin in any way, a much more important factor today is halving, to which only three weeks remain, the analyst added. “The halving factor may negatively affect the price of bitcoin in the next few months before the shortage in the market becomes noticeable, but this will not be directly related to the trends of the traditional market”, the specialist noted. The relationship of bitcoin, stocks and oil Analyst of IAC “Alpari” Vladislav Antonov agreed with Zuborev. He also believes that at the moment the situation with oil does not affect the cryptocurrency market. However, digital money shows a very strong connection with the S&P500 index — the correlation is 0.8, the expert noted. “Falling oil prices will negatively affect the Russian economy. Brent is now trying to find a foothold after yesterday’s WTI collapse. Sellers know that they are strong, so they will aim at 1998 levels at $9.55”, the analyst suggested. Experts believe that at the moment there is no direct connection between the fall of oil and the decline in the value of cryptocurrencies. The situation with negative prices for WTI and Urals, on the contrary, could have a positive effect on the attitude of investors towards digital money. Even if their price drops significantly due to the crisis, as was the case in March, when BTC lost 50% of its value in two days, this will not affect the fundamental characteristics of the new type of asset. So, his future will remain promising, current prices will be profitable to buy.
1 Most of BTCP coins are locked up on exchanges like Coinbase and dead accounts like Satoshi Nakamoto address. With only 3 million coins from zclassic and maybe another 4 million active bitcoin claimed coins there is probably only 6-7 million real active BTCP coins on the market. If we get listed on Binance or Bittrex (which is highly likely now) we will moon because all the other BTCP will be locked up on other exchanges and addresses leading to high volatility to the upside.. BTCP can easily 10x to 350 dollars because we have such a low active amount of BTCP coins trading but are price and market cap will be high on the charts.. If this happened other exchanges will list BTCP because of it having such a high price bringing more markets to BTCP and more buyers. 2 We are now likely to get listed on Bittrex now because the biggest complaint by Bittrex was that we were not industry recognized at the time we were denied. but now we are listed high on coinmarketcap, we are Ledger hardware Wallet enabled (few coins are ledger approved), we are on a major top ten exchange Hitbtc, we are listed on Whattomine, and we have a bigger community than alot of other coins on the market. Bitcoin Private team also has said in there updates that the same exchanges that were denying them before are now reaching out to them about listing BTCP now that we are showing ourselves to be a legitimate project. 3 Binance is the number 1 exchange in the world and they list everyone pretty much who pays the listing fees. They are not bias about coins they are about making money they are a money making machine and that’s why they list anything that pretty much pays them to list. The reason we are not listed yet is because they are the biggest exchange in the world and every coin is putting their exchange listing deposit down waiting for a potential listing. Look how long it took HitBTC the number 10 exchange in the world to list BTCP. I would say in a few months right before 4Q of this year we will see a Binance listing of BTCP and a $300-$500 BTCP 4 Bittrex already distributed BTCP coins to BTC holder so if they list BTCP it will only be buying pressure with low active trading supply of BTCP causing prices to probably go back to $150-$200 a coin 5 We are the strongest holders in all crypto.. If you have survived the Fork craziness, Major Exchange listing Fud, That FORKING Guy Rhett, and the price dropping all the way down to 13 dollars then the holders who are left after all that craziness have balls of steal and i am guessing none of you are giving up your BTCP for a cheap price.. A low active supply mixed with very strong holders will create high price volatility to the upside which will cause BTCP FOMO, NEWS, and New Exchange Listings!! Buckle up my fellow holders the future looks bright =]
BAL PRE IEO SALE: YOUR ONLY CHANCE TO GET DISCOUNTED BAL TOKENS
BuyAnyLight (BAL), a project that shares its origin with Almani Lighting, has recently launched its Pre-IEO sale offering. https://preview.redd.it/zte4pvkoc0y31.png?width=1280&format=png&auto=webp&s=f43ea986182662b8c43c5ddbc63de65b8b67097d This round was stared on November 1st, 2019. It will continue until January 31st, 2020, whereby it is allowing all small and medium-size ticket investors to purchase BAL Tokens at discounted pricing and in doing so, contribute to the growth of the project. This can be considered a remarkable deal for the early buyers as instead of paying 0.30303 per BAL token (the IEO price), you only have to pay 0.25. Moreover, the minimum purchasing limit is also significantly lowered to USD 50. To participate in the token sale, you can visit the website www.buyanylight.com/ieo and enter the amount you want to purchase. The next step is to enter your preferred payment currency, make the payments, and perform your KYC, and that is it, you have successfully bought your BAL Tokens. Acceptable currencies: US Dollars, Euros, Bitcoin, and Ethereum Why Participate in the BuyAnyLight Pre-IEO Sale? · Lower Investment Limits (Starting from USD 50) · 17.5% Discount on the IEO Price · Potential to generate 21.5% on your purchase made during this phase · BuyAnyLight (BAL) is associated with Almani Lighting which is a leading light sourcing company in the UAE market · Buy Any Light is a fully established marketplace. You can start sourcing lighting products now at your website buyanylight.com · Buy Any Light Platform offers a seamless and user-friendly Interface · BuyAnyLight offers filtered quotations that add to the convenience for buyers · BuyAnyLight Platform enables trustless payments · Lowest prices for buyers by connecting them with the right manufacturers while ruling out the role of retailers · Sellers can enjoy the benefits of e-commerce without having to develop a front-end store · Reduced transaction costs enabled by blockchain and tokenized payments · Liquidity to the token offered through tokenization and listing on crypto-asset exchanges · Providing a token with by real-life utility · SEED Round Investment of USD 2 Million is already achieved Who is eligible to purchase BAL tokens? · The purchaser must be of legal age, at least 18 years old, who can fulfill all the eligibility criteria and residency requirements. Legally competent to utilize the website and will uphold the virtue never to violate the terms and conditions of the contracts. · A purchaser must not be a citizen or resident of geographic location that prohibited cryptocurrencies transactions. It is imperative to mention that the BAL Platform has already been developed and is available for usage on buyanylight.com. So unlike traditional startups that are selling dreams, the BuyAnyLight project has utilized its own resources, time, and efforts for the last one and a half years and has created a fully operational platform. It is now time for the community and the angel investors to support the project further and help it grow, together, to disrupt the global LED industry with a potential of over 112.5 Billion Dollar industry within the next five years. Get Your Tokens Now Want to know more about the project or its potential as a lucrative investment opportunity? Check the white paper here One Pager Website Yellow Paper
Tổng hợp từ vựng tiếng Anh thương mại phổ biến nhất
“Would you consider making us a more favorable offer?” Bạn có hiểu được nội dung câu trên của người nói không? Đây là một mẫu câu được sử dụng khá phổ biến trong tiếng Anh giao tiếp thương mại. Nếu bạn là một người mới bắt đầu họctiếng Anh giao tiếp theo chủ đềthì với tiếng Anh thương mại học có khó không? Câu trả lời là không! Bài viết dưới đâyTiếng Anh Freesẽ cung cấp cho các bạn những từ vựng tiếng Anh thương mại thông dụng nhất cũng như một số tài liệu tự học tiếng Anh giao tiếp tại nhà hiệu quả.
Tiếng Anh thương mại là gì?
Ngày nay, chưa có một định nghĩa chính xác và cụ thể nào về tiếng Anh thương mại, nếu bạn đã từng đi hỏi các giảng viên dạy bộ môn này, bạn sẽ nhận được các đáp án rất khác nhau. Nhiều người cho rằng học tiếng Anh thương mại sẽ xoay quanh việc học từ vựng chuyên ngành. Thế nhưng những người khác nói đó là học kỹ năng giao tiếp tiếng Anhtrong các tình huống, trường hợp kinh doanh khác nhau. Nói tóm gọn chung, tiếng Anh thương mại là tiếng Anh được dùng trong những bối cảnh kinh doanh, như trong thương mại, giao dịch quốc tế, tỷ giá hối đoái, chứng khoán, tài chính, bảo hiểm, ngân hàng,… và thậm chí là cả trong các văn phòng.
Tiếng Anh thương mại có khác gì so với tiếng Anh nói chung không?
Nếu chúng ta hiểu theo nghĩa rộng, nội dung của tiếng Anh thương mại sẽ có nhiều sự khác biệt, các chủ đề liên quan đến kinh tế hay môi trường kinh doanh. Chính bởi lẽ đó nên thay vì gia đình và bạn bè trong những cuốn sách tiếng Anh nên mua, một cuốn sách dạy tiếng Anh thương mại sẽ có thể bao gồm các chủ đề khác nhau. Ví dụ: văn hóa kinh doanh, đạo đức doanh nghiệp, một ngày tại văn phòng, giao tiếp trong văn phòng, đồng nghiệp, môi trường làm việc…. Ngoài ra, tiếng Anh thương mại cũng nói đến những kỹ năng giao tiếp kinh doanh như phỏng vấn hay thuyết trình thay vì kỹ năng nói nói chung. Tiếng Anh thương mại đòi hỏi sự rõ ràng, mạch lạc trong giao tiếp, sử dụng từ vựng và cấu trúc ngữ pháp cụ thể. 📷 (Từ vựng tiếng Anh chuyên ngành kinh doanh)
1. Sự rõ ràng trong giao tiếp và các văn bản kinh doanh
Khi bạn dùng Anh văn thương mại, sự rõ ràng, mạch lạc là điều cực kỳ quan trọng. Nếu bạn không rõ ràng trong cách viết cũng như lời nói, bạn lãng phí thời gian giải thích lại, thể hiện sự thiếu chuyên nghiệp đồng thời còn có nguy cơ gây ra tổn thất kinh tế. Học viết tốt bằng tiếng Anh chuyên nghiệp là một quá trình.
2. Từ vựng ngắn, trực tiếp
Với tiếng Anh chung chung hay cụ thể là trong văn học, các từ vựng dài, ẩn dụ được dùng rất nhiều. Tiếng Anh thương mại thì sẽ trái ngược hoàn toàn. Bạn nên lưu ý những điều sau:
Lời nói sáo rỗng
Ví dụ: at the speed of light; lasted an eternity; time heals all wounds; one man’s trash is another man’s treasure;... Đây là những cụm từ, câu được dùng rất nhiều trong tiếng Anh và thường bị coi là sáo rỗng trong văn cảnh kinh doanh.
Thành ngữ, tục ngữ
Ví dụ: The early bird gets the worm; he hit a home run with that project! Cụm động từ (phrasal verbs): hãy tránh sử dụng các cụm động từ khi bạn có thể dùng động từ đơn. Ví dụ: sử dụng “explode” thay cho “blow up” Các động từ dài: sử dụng các động từ ngắn đồng nghĩa để thay thế Ví dụ: một câu vẫn có nghĩa tương tự cũng như dễ hiểu hơn khi bạn thay “utilize” bằng “use”
3. Ngữ pháp đơn giản nhưng hiệu quả
Hãy để dành tất cả những cấu trúc ngữ pháp phức tạp của bạn cho các văn bản học thuật. Tiếng Anh thương mại dùng các thì đơn giản (quá khứ, hiện tại và tương lai đơn) cũng như hiện tại hoàn thành. Những từ như “first” và “then” được dùng để biểu thị thứ tự thay vì những cấu trúc ngữ pháp phức tạp. Điều này đảm bảo rằng thông điệp đưa ra dễ hiểu, tiết kiệm thời gian đồng thời đôi khi là cả tiền bạc. Ngoài ra, hãy lưu ý dùng các câu ngắn và trực tiếp đưa ra mục đích chính. Tóm tắt lại, hãy nói đơn giản nhất có thể! Xem thêm:Thay vì những từ ngữ học thuật hay hoa mỹ, phần lớn từ ngữ sử dụng trong bối cảnh kinh doanh nằm trong từ điển 1500 từ vựng tiếng Anh cơ bản nhất. Nạp nhanh đến 30 từ vựng tiếng Anh thông dụng trong 1 ngày với sáchHack Não 1500 từ tiếng Anh. Tìm hiểu ngay Có rất nhiều các chủ đề để học tiếng Anh thương mại bạn có thể tìm kiếm trên Internet tùy theo từng ngành nghề mà bạn quan tâm (tham khảo English Club). Dưới đây là tổng hợp từ vựng tiếng Anh thương mại trong những văn cảnh thường gặp nhất trong kinh doanh ở bất cứ ngành nghề nào.
Từ vựng tiếng Anh thương mại viết tắt thường gặp nhất
Từ/cụm từ viết tắt được sử dụng rất phổ biến, sau đây là một số từ và cụm từ bạn cần biết. 📷 (Từ vựng tiếng Anh thương mại) SttViết tắtTừ tiếng AnhÝ nghĩ[email protected] Thường được theo sau bởi địa chỉ, một phần của địa chỉ email2.a/caccount Tài khoản3.adminadministration, administrative Hành chính, quản lý4.ad/advertadvertisement Quảng cáo5.AGMAnnual General Meeting Hội nghị toàn thể hàng năm6.a.m.ante meridiemBuổi sáng7.a/oaccount of Thay mặt, đại diện8.AOBany other businessDoanh nghiệp khác9.ASAPas soon as possibleCàng nhanh càng tốt10.ATMAutomated Teller Machine Máy rút tiền tự động11.attnfor the attention ofGửi cho ai (ở đầu thư)12.approxapproximatelyXấp xỉ13.A.V.Authorized VersionPhiên bản ủy quyền14.bccblind carbon copy Chuyển tiếp email cho nhiều người Cùng một lúc mà người nhận không thấy được những người còn lại15.cccarbon copyChuyển tiếp email cho nhiều người cùng một lúc mà người nhận thấy được những người còn lại16.CEOChief Executive OfficerGiám đốc điều hành17.c/ocare ofGửi cho ai (ở đầu thư)18.CocompanyCông ty19.cmcentimetreCen-ti-met20.CODCash On DeliveryDịch vụ chuyển phát hàng thu tiền hộ21.deptdepartmentPhòng, ban22.doc.documentTài liệu23.e.g.exempli gratia (for example)Ví dụ24.EGMExtraordinary General MeetingĐại hội bất thường25.ETAestimated time of arrivalThời gian dự kiến nhận hàng26.etcet caeteraVân vân27.GDPGross Domestic ProductTổng thu sản phẩm nội địa29.lab.laboratoryPhòng thí nghiệm30.Ltdlimited (company)Công ty trách nhiệm hữu hạn31.momonthTháng32.N/Anot applicableDữ liệu không xác định33.NBnota bene (it is important to note)Thông tin quan trọng34.no.numberSố35.obs.obsoleteQuá hạn36.PApersonal assistantTrợ lý cá nhân37.p.a.per annum (per year)Hàng năm38.Plcpublic limited companyCông ty trách nhiệm hữu hạn đại chúng39.plspleaseLàm ơn40.p.m.post meridiem (after noon)Buổi chiều41.p.p.per pro (used before signing in a person’s absence)Vắng mặt42.PRpublic relationsQuan hệ công chúng43.p.s.post scriptumChú thích, ghi chú (tái bút trong thư, email,…)44.PTOplease turn overLật sang trang sau45.p.w.per weekHàng tuần46.qtyquantityChất lượng47.R & Dresearch and developmentNghiên cứu và phát triển48.re / refwith reference toNguồn, tham khảo49.ROIreturn on investmentTỷ suất hoàn vốn50.RSVPrepondez s‘il vous plait (please reply)Yêu cầu thư trả lời51.s.a.e.stamped addressed envelopePhong bì có dán tem52.VATvalue added taxThuế giá trị gia tăng53.VIPvery important personKhách quan trọng54.volvolumeÂm lượng, khối lượng55.wklyweeklyHàng tuần56.yryearNăm
Từ vựng tiếng Anh thương mại trong sử dụng cuộc họp
STTTỪ VỰNGÝ NGHĨA57.AbsenteeVắng mặt58.AgendaDanh sách các vấn đề cần giải quyết trong cuộc họp59.AlternativeLựa chọn, khả năng thay thế60.AttendeeThành phần tham gia cuộc họp61.BallotBỏ phiếu kín62.Casting voteNgười chủ trì quyết định khi kết quả biểu quyết bằng nhau63.Chairman Chairperson Người chủ trì cuộc họp64.ClarifyLàm sáng tỏ65.ConferenceHội nghị66.Conference callCuộc gọi hội đàm67.ConsensusSự đồng thuận chung68.DeadlineThời gian cố định trong tương lai để hoàn thành hiện vụ nào đó69.DecisionQuyết định70.I-conferenceHội nghị trực tuyến71.InterruptNgắt lời, làm ngắt quãng72.ItemMột vấn đề cần giải quyết trong cuộc họp73.Main pointÝ chính74.MinutesBiên bản cuộc họp75.ObjectiveMục tiêu của cuộc họp76.Point outChỉ ra77.ProposalThỉnh cầu, yêu cầu78.Proxy voteBầu phiếu bằng ủy quyền79.RecommendĐưa là lời khuyên, tiến cử80.Show of handsThể hiện sự đồng ý81.SummaryTóm tắt lại82.TaskNhiệm vụ83.UnanimousNhất trí, đồng thuận chung84.Video conferenceHội nghị qua video85.VoteBiểu quyết
Từ vựng tiếng Anh thương mại chuyên ngành kinh doanh
📷 (Từ vựng tiếng Anh trong kinh doanh) STTTỪÝ NGHĨA86.BanknoteGiấy bạc ngân hàng87.BitcoinTiền điện tử88.BorrowMượn, vay89.Broke(be broke)Phá sản90.BudgetNgân sách91.CashTiền mặt92.CashierThu ngân93.Cheque(US: check)Ngân phiếu, séc94.CoinTiền xu95.CurrencyĐơn vị tiền tệ96.DebtNợ97.DepositTiền gửi98.DonateLàm từ thiện99.Exchange rateTỷ giá hối đoái100.FeeChi phí101.InstalmentKhoản trả mỗi lần, phần trả mỗi lần102.InterestTiền lãi103.InvestĐầu tư104.Legal tenderĐồng tiền pháp định105.LendCho mượn, cho vay106.LoanKhoản vay107.OweNợ 108.Petty cashQuỹ tạp chi109.ReceiptHóa đơn110.RefundKhoản tiền hoàn trả111.WithdrawRút tiền từ tài khoản Xem thêm:
Đối với những bạn mới bắt đầu học tiếng Anh giao tiếp theo chủ đề thì việc học từ vựng thôi là chưa đủ. Các bạn hoàn toàn có thể tích lũy thêm cho bản thân một số mẫu câu giao tiếp tiếng Anh thương mại dưới đây để dễ dàng ứng dụng được ngay vào trong giao tiếp hàng ngày. Lưu ý: Nếu cótên tiếng Anhriêng thì trong quá trình giao tiếp tiếng Anh thương mại các bạn hoàn toàn có thể giới thiệu cũng như xưng hô để tạo sự chuyên nghiệp, gây ấn tượng.
Could you tell me something about your price? (Bạn có thể nói cho tôi về giá cả được không?)
I can offer you this goods with attractive price. (Tôi có thể cung cấp cho bạn hàng hóa này với mức giá hấp dẫn.
We prepared to give you a quotation based upon the prevailing international market price. (Chúng tôi đã chuẩn bị đưa cho bạn bản báo giá dựa trên giá thị trường thế giới.)
The price we quoted is firm for 1 day only. (Giá của chúng tôi đưa ra chỉ có hiệu lực trong 1 ngày.)
We will get another lower offer.(Chúng tôi sẽ nhận lời đề nghị giá thấp hơn)
I assure him that our price is the most favourable. (Tôi đảm bảo với anh ấy rằng giá cả của chúng tôi là hợp lý nhất rồi)
According to the quantity of your request, the cost could be negotiable.(Giá cả có thể thương lượng theo số lượng hàng hóa trên đơn đặt hàng)
The product has price is $20. (Sản phẩm này có giá 20 đô-la)
If he is interested, they will offer as soon as possible. (Nếu anh ta quan tâm, họ sẽ cung cấp hàng hóa ngay khi có thể.)
We will consider her price request for new products. (Chúng tôi sẽ xem xét yêu cầu về mức giá của cô ấy cho các sản phẩm mới)
We’d like to order 200 boxes of toys. (Chúng tôi đặt 200 thùng đồ chơi)
He’s afraid we can’t meet his demand. (Anh ấy lo rằng chúng tôi không thể đáp ứng được đơn đặt hàng của anh ấy)
They are your old customers, please give their some priority on supply. (Bọn họ là khách hàng quen, ông vui lòng ưu tiên cung cấp hàng cho họ nhé)
How many sets of this good do you intend to order? (Bạn dự định đặt bao nhiêu hàng hóa loại này?)
Our minimum quantity of an order for this toy is 1000 boxes. (Đơn đặt hàng cho loại đồ chơi này tối thiểu là 1000 thùng)
I’m interested in your cups, so I’s like to order of 200.(Tôi thích những cái tách của ông, tôi muốn đặt 200 cái.)
I hope this will be the first of order i placed with you.(Tôi hy vọng đơn đặt hàng đầu tiên ký kết với bạn.)
They’ll submit for the orders if this one is completed to their satisfaction. (Bọn họ sẽ xem xét đơn đặt hàng nếu đáp ứng yêu cầu)
You look forward to receiving her acknowledgement as early as possible. (Bạn mong nhận được giấy báo của cô ấy sớm nhất có thể)
Note: Khám phá ngay tiếng Anh giao tiếp thương mại đầy đủ nhất để tích lũy cho bản thân những kiến thức cũng như mẫu câu, một số đoạn hội thoại hữu ích nhé.
Trên đây là tổng quan về tiếng Anh thương mại cùng một số tài liệu hữu ích Step Up đã tổng hợp được. Để học và sử dụng tiếng Anh thương mại hiệu quả nhất, đừng quên nắm chắc được kiến thức nền, đặc biệt là ngữ pháp và từ vựng cơ bản. Sách Hack Não 1500 từ tiếng Anh gồm những từ vựng thông dụng nhất xuất hiện trong các cuộc hội thoại thông thường, là nền tảng quan trọng cho việc học tiếng Anh chuyên ngành.
Survivors of market disasters: In this disaster, some people actually made money
There is no need to repeat the tragic market. Various historical figures are present, and they all reveal a signal: this disaster is like an earthquake with no warning signs. The victims are everywhere, and the survival is a fluke. But in this disaster, there are still people who make money. If you still have the impression, on August 23 of last year, there was a problem with Amazon AWS 'server in Japan, which caused the products using the region's services to be affected to varying degrees, including the cryptocurrency trading platform. After discovering a problem with Binance using AWS, the user's deposit and withdrawal were suspended, but the trading platform using the Binance Quotation API failed to take timely measures, resulting in loopholes in market makers' strategies. That day, while Bitcoin was still steadily maintained at 10,000 USD, some users bought Bitcoin at a unit price of 0.32 USD, and when there was almost no fluctuation in the market, they used the mistake of the server to add western food for the night. A bottle of champagne. In this disaster after 5 months, some people still use the environment to find a way to survive. Ethereum 0 dollar purchase? A $ 0 purchase of Ethereum happened on March 13. The market plummeted, many mortgagors' positions were exploded, and ETH fell from $ 180 to less than $ 100 without resistance. The decentralized Defi market that depends on the value of ETH is naturally not immune, such as the MakerDAO platform. MakerDAO's borrowing logic is that users over-collateralize ETH to lend USD stablecoin DAI, but when the value of ETH fell rapidly, a large number of loans fell below the threshold and the system had to be liquidated. In other words, the user's loan was not repaid. Mortgage of ETH is also not available. So MakerDAO has a bad debt, the amount exceeds USD 4 million. In order to repay this bad debt, MakerDAO chooses to auction the collateral, that is, ETH, BAT, etc., and uses the stable currency DAI to bid. They need to use the auction proceeds to obtain repay loan. Under normal circumstances, such auctions are not too accidental. The feeding system reports the current price of ETH, and the bidders will probably trade at a price slightly lower than the market price. However, the background of this auction is the market's plunge. The transaction caused investors to intensive operations, which blocked the Ethereum network. It takes far more than usual gas fees to allow the miners to confirm the transfer as soon as possible. According to the browser, on the morning of the 13th, if only 44 gwei is used, the transfer confirmation time on the Ethereum network will take 72958 seconds, which is 20 hours. The MakerDAO debt auction on the Ethereum network has also been affected. The blockage of the network has prevented bidders with low gas costs from bidding in time, which caused participants to bid 0 DAI / ETH to drop the hammer. It can also be seen from the transaction records that the auction of 0 DAI was indeed successful. These lucky bidders only paid a transfer fee of US $ 1 and transferred 0 amount to obtain an ETH worth US $ 122 at the time. These people are undoubtedly fortunate. The external environment helped them to become the only game participants. The exchange of $ 1 for $ 120 and a profit of 11900% was much higher than the odds of players who risked bottom-swinging in fluctuations. However, from another perspective, MakerDAO's auction is to use the DAI obtained from the auction to pay off debts. However, due to network congestion, this situation has caused several free gifts, and MakerDAO's debt repayment is even worse. Pick up goods by luck If it is said that MakerDAO launches the auction, it is a helpless action of the team under extreme conditions. Bidders still need a bit of technical barriers to participate, but there is nothing to worry about, and there is almost no difficulty and cost. On the evening of March 12, investors discovered that the LINK / USDT trading pair of the Binance trading platform experienced a short-term flash collapse and once fell to the bottom 0.0001 USD. What's going on? Twitter netizens then asked Zhao Changpeng about the matter, and the latter's response was a shock. It turned out that someone had already launched the LINK trading pair as early as Binance, that is, on January 16 last year, a low was hung within 8 seconds after the real-time trading was opened. Price list, but it has not been closed because no fool will sell it at this price. Unexpectedly, more than a year later, this pending order was sold "strangely". "At that time we had no price range restrictions. We will not cancel user orders." Zhao Changpeng said that the platform will not deny this order because the operation is completely reasonable. It will not be rolled back for various reasons. In other words, even if LINK has experienced a large decline recently, at the current price of 2.3 US dollars, the profit of this transaction will exceed 2 million US dollars. US dollars, then he instantly won nearly 5 million US dollars. The cost of 100 dollars, the income of 2.4 million dollars, a real profit. In fact, similar examples of this kind of luck are not rare in the crypto industry. Except for Binance and the previous examples, BitMex and OKEx have also experienced similar situations, and more than once. For example, on December 6, 2017, Binance's XRP / BTC trading pair experienced a breakdown of the list. In a very short period of time, the XRP price was oversold to 0.0000002 BTC, which is basically negligible. On January 29, 2018, the price of the ADA contract on BitMEX also fell to 0.00000005 US dollars, which was also nearly 0; another trading platform, OKEx, also saw a large amount of 0.002 USD on January 14, 2018. Case, according to the official statement at that time, "a certain trader" quickly sold a large amount of ETH through market orders within 12 minutes. Interestingly, at the time, some people analyzed that "a certain trader" was actually an official market-making robot, and "a large amount" of 100 million Ethereum was eventually sold for 20 dollars. However, for ordinary people, if you want to encounter this kind of opportunity for leak detection, unless you are bored and place an order in advance, such a price is fleeting, and you ca n’t seize the opportunity simply by hand speed. In fact, at present, many trading platforms have actually adopted corresponding price amplitude filters, which specify the maximum / minimum price range of pending order prices. Oolong trading is very rare. Even if luck hits and catches up, it is very likely that the platform will intervene and the transaction will be rolled back. This situation has not happened before. Only this time, the trader who had placed an order on Binance for more than a year, even if he successfully leaked and successfully withdrew the coin, it can only be said that he hit the Grand Canal. Safe moving of bricks Buying a certain kind of token on a crypto trading platform, and then selling the token to another trading platform, earning the price difference is a moving brick in the crypto circle. Moving bricks has been an arbitrage behavior since the birth of the transaction. It belongs to a very old business. Arthur, the founder of BitMex, who now operates a trading platform, and Xu Mingxing of OKEx, were once members of the army of moving bricks. . This kind of brick moving was the most prosperous at the end of 2017. At that time, trading platforms such as Bithumb in South Korea also called the "Kimchi premium" due to the price difference between other platforms. Moving bricks is a kind of risk-free arbitrage. Players use energy to gain profits, although the single profit is not much. However, with the maturity of trading robots and quantitative trading teams, the spread of tokens between multiple regions or platforms is often wiped out in a matter of seconds. Therefore, the profit margin of manually moving bricks is now very small. Of course, it is not to say that there is no opportunity. Such an opportunity to make money is indeed hidden under the volatile market. "Buy at a low price and sell at a high price, this is simply the most secure way to make money in a plunging market!" Investors are excited about cryptography. Starting at 6:30 pm on March 12, cryptocurrencies have experienced sharp fluctuations, while Binance and Huobi When the bitcoin spread between the three trading platforms and OKEx was the largest, it even reached more than 700 US dollars. The discerning player quickly discovered the opportunity, "For half an hour, I made more than 10,000 with a principal of 20,000 yuan. Such an opportunity is usually not available." Buy and sell orders executed by the above investors at almost the same time, with a spread of nearly $ 450 When it comes to moving bricks, time is money. It is definitely too late to shuttle between multiple trading platforms. Many investors have now transferred the "battlefield" to the platform that focuses on aggregated trading. "The aggregated trading platform integrates the depth of multiple platforms. As long as there is a price difference between supported platforms, users only use One account can be bought and sold on multiple platforms, and it can be operated in a few seconds. "Wu Ling, who seized the opportunity from the extreme market in these two days, made nearly 50,000 by moving bricks in just a few hours. Yuan, the principal is no more than tens of thousands of yuan. It is understood that there are already multiple platforms targeting the aggregate trading business on the market, and the opportunity to move bricks does not often appear, unless similar to the extreme market appearing in the past few days, or some unique tokens, there may be soaring and plunging. Opportunities, as a whole, are not met a few times a year, and they are fleeting. However, whether it is MakerDAO auctions, ultra-low-priced pending order transactions, or arbitrage moving bricks under the new situation, these opportunities to make money are actually small probability and cannot be used as conventional investment methods. These seemingly easy profits are in the end a few people. Many people are trapped in extreme quotes in stuns. Most investors have no assets left on the trading platform overnight. Maybe this also makes many investors lose confidence in the industry, but in fact, in the face of such a market, after finishing our mood, we are more learning from changes. Learn the reasons for this disaster, learn the logic of the main control panel, learn what signals were ignored before the disaster, and prepare for the next time. At the same time, we can also see the development of the industry. For example, when all centralized trading platforms are down, DEX can still be implemented despite various problems. I hope that everyone still has confidence in the blockchain and cryptocurrency industries. Finally, I would like to remind everyone that the recent market changes are unpredictable. Please pay attention to risks and exercise caution.
After the Bitcoin crash: do others fear me for greed?
At 6:30 pm on March 12, Bitcoin dropped from $ 7211 to $ 5555.55. The bitcoin price dived again this morning, slumping nearly $ 2,000 again in half an hour, the lowest fell to $ 3,782.13, a drop of more than 40% in 24 hours. According to the data of the contract emperor, only Huobi, OKEx, Binance, and BitMEX exchanges had a daily short position of 3.133 billion US dollars, which reached the highest in a single day in history. The number of liquidated positions exceeded 110,000, which was also the highest in a single day. Also on March 12, the S & P index fell 260.74 points, triggering the fusing mechanism for the second time this week. The Dow hit its largest decline in history, at 2352.6 points. The Nasdaq fell 750.25 points to 7201.8 points. This is the third time in the history of US stocks. This fuse has been 33 years since the first fuse, but only 4 days have passed since the last fuse. Buffett shouted, "I only lived this way in 89 years." It is reported that Buffett lost $ 6.8 billion last night. According to incomplete statistics, with the exception of the United States, the stock markets of 11 countries including Canada, Mexico, Japan, South Korea, Thailand, India, the Philippines, Indonesia, Brazil, and Pakistan plummeted. The five largest US technology companies, Apple, Amazon, Google, Facebook, and Microsoft, had a cumulative market value of $ 416.63 billion. The Bloomberg Billionaires Index shows that the top 15 richest people in the world lost a total of $ 46.4 billion. Market panic or pullback demand? Regarding the meltdown of U.S. stocks this week, Yang Delong, chief economist of Qianhai Open Source Fund, believes that the spread of the epidemic is not the main reason. It is more a decade of bull market for U.S. stocks. Some factors driving the rise of U.S. stocks are quietly changing, such as the Federal Reserve ’s interest rate There is not much space. Regarding this crazy drop in Bitcoin, Apocalypse Capital told InfoQ that there are two main reasons for this drop in Bitcoin: on the one hand, the bearish demand caused by the expected global economic downturn, and on the other hand, Bitcoin Callback requirements themselves. As we all know, Bitcoin will be halved in the second half of the year, but the trading market pays attention to speculation expectations. This round of rise has essentially halved the market. After hitting a high of 10500, Bitcoin is facing a callback demand. Of course, this round of downtrends is so rapid and there are only a handful of recurrences in the history of Bitcoin, which are inextricably linked to the decline in global stock markets, both of which are the result of expectations of a bearish global economy. However, Johnson Xu, chief analyst of TokenInsight, told InfoQ that the Bitcoin dip was mainly due to market panic, because some market participants bought bitcoins by buying mining machines, borrowing, etc., and expected to reduce their expectations by half. A linkage effect caused by everyone being too optimistic about the market. The market is overhyped because Bitcoin is halved, and some market participants are afraid to miss the opportunity to enter the market irrationally. The current market slump is driven by strong irrational behavior, which translates into a rapid downside response and quickly depletes market buyers' liquidity (flattening down). When the overall financial market panic or other unexpected events are caused by the New Crown virus and the global economic slowdown, market participants often seek to withdraw assets such as stocks and bitcoins and convert these assets into cash (cash is king). So has the recent gold sell-off. When the market panics, people ask for cash in the beginning instead of investing in safe-haven assets such as gold. At the same time, because gold is considered a high-quality asset, investors usually start with liquidity crunch and market panic. Cash in on good assets (because inferior assets are more difficult to sell in panic times). The Bitcoin crash this time has a certain connection with the decline in global stock markets, because the entire financial market is a globalized market, and there is more or less linkage between each asset. In addition, Forbes speculated that it may be because PlusToken scammers transferred bitcoins worth more than 100 million US dollars to the mixer, and then sold bitcoins, resulting in rising market supply.
Other people are greedy, I am afraid, others are afraid of me, greedy? In this case, should investors still expect "halving the market"? Johnson Xu believes that there is no such thing as a "half quotation", and most market participants are too optimistic about the halving of Bitcoin. Price fluctuations are not necessarily caused by halving, but may be caused by the sum of other factors. When everyone is saying that they are optimistic about the market, the existence of risk is ignored in the subconscious. At this time, the risk will be actually reflected, and the upside will gradually shrink. Bitcoin halving was written into the code, and it was not an accident. Bitcoin should be halved in a rational way. It is worth looking forward to, but not overly interpreting and speculation. However, Tianqi Capital believes that this plunge is a callback period for bitcoin's halving of the market, and each round of sharp decline also indicates the opportunity of the market outlook: cheap chips will be hoarded, waiting for the next wave of hype and explosion. Therefore, Tianqi Capital still believes that the market outlook of Bitcoin is worth looking forward to, provided that it is not frightened by the current fierce washing of the chips, after all, when the bear market is the worst, it is also when gold is everywhere. Regarding the future trend of Bitcoin, Apocalypse Capital stated that it should judge according to the current trend. In this round of market, Apocalypse Capital initially chose to follow the downward trend of May 18, and Bitcoin has gradually dropped from a high of 10,000 to 3150 points, so the big support level predicted by this round happens to be 3700 today. Near the point. Data monitoring shows that some funds are involved in this price range. But whether it can hold on to this support remains to be tested. If the 3700 support cannot be maintained, it is very likely that it will hit the US $ 2000 level. Tianqi Capital believes that this is the market's last line of defense. Long-term investment is recommended to buy some relatively stable targets, such as BTC, ETH, etc. The bear market will eliminate many currencies, but if it survives, it will shine in the next round. Johnson Xu believes that the plunge is also a test to promote the healthy development of the industry. Extreme market is a test for the entire industry, especially for infrastructure, risk management, etc., so it is still optimistic and supports the development of the industry for a long time. For current investors, Johnson Xu offers the following suggestions:
Other people are greedy, I am afraid, others are afraid of me, greedy.
Global financial markets have also undergone major changes. From the data point of view, I don't think Bitcoin has the attributes of a safe-haven asset, but this market can test whether Bitcoin has a certain risk-avoidance capability. This is a global world. We need to analyze various markets, not just the digital asset market.
In the long run, we are still optimistic about the digital asset industry.
Does Bitcoin have a fusing mechanism? On March 9, after the U.S. stock market crash triggered the fusing mechanism, the market began a discussion of "whether Bitcoin should set up a fusing mechanism". But at present, most people are not optimistic about the Bitcoin fusing mechanism. OKEx CEO Jay Hao said that the fusing mechanism is difficult to implement in the digital currency market. In the face of a highly volatile market, setting the fuse point is a difficult problem. At the same time, for a 7 * 24h market, when a certain exchange breaks down, the price difference between the digital currencies between the platforms will increase, leading to arbitrage, and the fuse mechanism will eventually become a decoration. Du Wan, the co-founder of Contract Emperor, also said that it is unrealistic to use a fuse mechanism in the currency circle. The fusing mechanism first violates the original intention of the decentralization of the blockchain, and at the same time, it will touch the interests of the top of the currency circle ecological chain. For example, large trading teams can no longer use pins to obtain large profits. When the market is panic, exchanges with a fuse mechanism may lose traffic to exchanges without a fuse mechanism because of the run effect of traders. It can be seen that the current risk aversion measures in the traditional stock market are difficult to transfer to the fickle currency market in a short time, and the regulation of this market still has a long way to go. Investors should still be cautious when investing.
BitOffer: Why BitOffer BTC Options Users Never Lose Even the Bitcoin Market Fluctuates
Background: On Dec. 17 the bitcoin price broke below the $6,800 support level and swiftly commenced a tumble to the $6,450 support where it bounced of the lower support of the long-term descending channel. Many analysts cautioned that if bulls failed to buy into the dip, a price drop below the $6,400 increased the possibility of a revisit to $5,500 to $5,350. Fortunately for bulls, the price bounced off the critical trendline and the digital asset could now be a route to flipping the $7,300 resistance back to support. But let’s take an overview from Nov 1st to today, the bitcoin price dropped sharply by 22.91%. Most of the traders might already lose much money on the bitcoin trading market. Like what I mentioned before, HEDGE is the most important key to form a smart strategy.
(A hedge is an investment to reduce the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting position in a related security.)For example, you hold 1 bitcoin in your wallet. Now the bitcoin price is $7,000, when it drops to $6,000, you will directly lose $1,000. But if you do some hedging works, you will be able to hedge your $1,000 loss. This is the most efficient way to maximize your profit and avoid the loss when holding 1 bitcoin.
If you still feel confused about how to hedge the risk of your trading, bitcoin options trading and BTC Leveraged ETF will be your last and the easiest choice. BitOffer Bitcoin Options is the most profitable and the simplest bitcoin derivatives which can be used for hedging. The time length of BitOffer Options contracts now supports 2mins, 5mins, 1hour, 4hours, 12hours, 1day, 7days. And it requests 0 fees and 0 margin, which minimizes the budget for hedging. In this article, I will take the 7 days as the sample because once you try it, you will find out that the 7-days contract of BitOffer Options is the perfect one for hedging your bitcoin trading. Here is a simple math: From Nov 1st to today, the bitcoin price has fallen by $2113.67. As far as I know, the average quotation for 7-days put contract (Expect the market to be bullish) is $170. And the profit formula of buying put is: The strike price- The settlement price-$170= Your profit when you buy put. If I have held 1 bitcoin since Nov 1st, and I continued buying 1 7-days put contract, how much loss would I save from the bitcoin price dumped during those 48 days? And How Much Would I Earn if I continued buying 2 7-days put contracts? The answer is:
If I continued buying 1 7-days put contract, I would only lose the budget I bought the contracts in this period because my loss of holding 1 bitcoin was totally hedged by the put contracts I bought. So, the total loss would be $170*7=$1,190, and the loss I saved is $2113.67-$1,190=$923.67.
If I continued buying 2 7-days put contracts, I would earn:
The total amount I would get from my put contracts is $4987.3 (This number is calculated by the bitcoin price spread every 7 days during those 48days.). The budget of buying put contracts: $170*7*2=$2,380 So, my profit if I continued buying 2 7-days put contracts would be: $4987.3-$2,380-$2113.67= $493.63 In conclusion, when the bitcoin price dumped in this period, as a normal holder, we can use the easiest hedging tool ever, BitOffer Bitcoin Options to avoid the loss and even maximize the profit with only a small amount budget because BitOffer Bitcoin Options requests 0 fees and 0 margins. https://preview.redd.it/uu9pve6u2p541.png?width=750&format=png&auto=webp&s=2d394adc0f67ceaf392513c057db161a2f94d6fc
Differences Between CBOE and CME Futures Contracts (Simplified)
Bitcoin Futures Example
You buy 1 CBOE Bitcoin Futures Contract (March 2017) for $15,000. You need $6,600 (44% margin) in an account to prove you can afford to buy it. On Wed 14th March 2018, you 'theoretically' get 1 Bitcoin. In reality you do not get 1 Bitcoin. You just get the difference in prices (settled in cash) so that you can actually buy one.
Trading Times: Mon (5PM to 8:30AM) and (8:30AM to 3:15PM); Tue-Fri (3.30PM to 8:30AM and 8:30AM to 3:15PM), Central Time (CST)
Settlement Dates: Each of Next Three Months (When You Get the 1 Bitcoin)
Margin: 44% (Collateral Needed)
Settlement Price: Contract is settled using an auction at 4PM (EST) on the Gemini Exchange.
Settlement Day: Two Days Before the 3rd Friday of Settlement Month. (E.g. You have a March 2018 Futures Contract, so you get the Bitcoin on Wednesday 14th March 2018)
Circuit Breaker: 10% and 20%. (Trading is stopped for 2 minutes when the price rises/falls more than 10% in one day. Stopped again for minutes when it rises/falls more than 20% in one day.)
CME Bitcoin Futures
Launch Date: 18th December 2017 at 6PM (CST)
Contract Size: 5 Bitcoin
Price Quotation: USD per BTC
Trading Times: 6PM to 5PM (Sun-Fri) Central Time (CST)
Settlement Dates: March; June; September; December (When You Get the 5 Bitcoins)
Margin: 35% (Collateral Needed)
Settlement Price: The contract is settled using the CME Bitcoin Reference Rate (Weighted Average of Prices from Bitstamp, GDAX, itBit and Kraken).
Settlement Day: Last Friday of Settlement Month. (E.g. You have a September 2018 Futures Contract, so you will actually get the 5 Bitcoins on Friday 28th September 2018)
Circuit Breaker: 7%; 13%; and 20%. (Trading is stopped for 2 minutes when the price rises/falls above each of these levels in one day, it is not allowed to rise/fall more than 20%).
CME is a much larger exchange than CBOE.
The CBOE Futures are short term, for example, it is a claim to a Bitcoin in the next three months (e.g. 1 BTC in January, 1 BTC in February, 1 BTC in March). The CME Futures contracts are longer term, for example, it is a claim to a 5 Bitcoins every 3 months over the year (e.g. 5BTC in March; 5BTC in June; 5BTC in September; 5BTC in December).
The CBOE Futures are for 1 Bitcoin each, and the CME Futures are for 5 Bitcoin each.
The CME Futures trade every weekday with a one hour break (5-6PM CST). CBOE Futures trade every weekday with a break on Mon (3:15PM to 5:00PM) and a break every Tue, Wed, Thu, and Fri (3:15PM to 3:30PM).
You never actually receive a Bitcoin. They just settle you up in cash, so that you can buy one (a Non-Deliverable Bitcoin Future)
CME Futures will be 'listed' on 17th December 2017, but begin 'trading' on 18th December 2017.
Any errors, additions/changes, please let me know and I will edit it with your name below :-)
i_gotta_say (Time Zone Edited)
jnordwick (Settlement Price and Day Edited)
clams_are_people_too (Contracts are Non-Deliverable)
What will November be like for Bitcoin: who will take it up, bulls or bears?
October was a good month for Bitcoin. It was able to recover from a fall that lasted several months. Analysts suggest that the growth of quotations will continue in November, as halving is expected to appear next year. Now the bulls are on the rise, as it is evidenced by the growth of bitcoin. However, in social networks, the point of view, according to which the bulls will be exhausted by the end of November, gradually begins to dominate. According to many traders, the jump was caused by the fact that the market did not expect negative news that could reduce the value of the coin. In addition, after the statements by the Chinese authorities to support the blockchain and cryptocurrencies in general, cryptocurrency platforms received a positive boost. Earlier, many expressed opinions that the PRC would not allow bitcoin and blockchain to develop, but apparently the Chinese authorities decided to become leaders in that area. Bulls hope that November will bring them good income, since halving will still lead to increased demand for foreign currency. Although at least 55% of exchange participants believe that the most likely scenario will be a gradual decrease in the value of bitcoin. 45% are interested in the bullish scenario lasting not only the whole November, but also the whole next year or 6 months. Unexpected events in the cryptocurrency sphere can swing the situation in any direction. After a statement by a number of EU countries that they intend to introduce strict rules for the crypto market and prevent the Libra project from working on their financial platforms, the mood of a number of investors has worsened, although not critically. If the bulls continue to push and there is no bad news, then the chances that Bitcoin will reach $ 13,000 in November are very likely. On the other hand, if the bears, taking advantage of the indecision of investment funds, push the coin down, it can drop to a value of $ 8,000. Given that the mood is still positive on cryptocurrency platforms, bulls are more likely to continue their policy, but it will be difficult to say what will happen in the end. Perhaps a slight adjustment of the course will occur, although there are such analysts who believe that the price of bitcoin can shoot up to $ 18,000. There is little chance of this, but in the cryptocurrency market it is possible, as well as the fact that the value of bitcoin can drop sharply and a long-term bearish trend will resume. As a result, we can say that in November there will not be an overly heated fight between bulls and bears, but each side will try to strengthen its position in order to maintain dominance.
What is the Bitcoin price and its value in real time? In this guide, we will cover a very important topic: how to invest in Bitcoins, without buying them. Not only! You will also understand how to trade Bitcoin with CFD! Before proceeding we tell you right away that Bitcoins are one of the most discussed cryptocurrencies in recent years. Recently they have also attracted the attention of many ... Discover historical prices for BTC-USD stock on Yahoo Finance. View daily, weekly or monthly format back to when Bitcoin USD stock was issued. Bitcoin price today is $13,073.32 USD with a 24-hour trading volume of $23,603,626,066 USD. Bitcoin is up 0.48% in the last 24 hours. The current CoinMarketCap ranking is #1, with a market cap of $242,210,721,011 USD. It has a circulating supply of 18,527,100 BTC coins and a max. supply of 21,000,000 BTC coins. You can find the top exchanges to trade Bitcoin listed on our Bitcoin Likely to Break Below $11,000 Before Next Uptrend: Analyst. NewsBTC - Sat Oct 17, 2:00PM CDT . Analyst: Relative to Bitcoin, Gold “Fails” as a Store of Value. NewsBTC - Sat Oct 17, 5:00AM CDT . Uber, Twitter Angel Investor Explains Why Bitcoin Is So Important. NewsBTC - Sat Oct 17, 3:00AM CDT . Crucial Bitcoin Signal That Formed Prior to $2,000 Crash Returns. NewsBTC - Fri Oct 16 ... “Long term, if Bitcoin gains widespread adoption, I'd expect the Bitcoin price to correlate to how useful people think sending payments, property and contracts anywhere in the world instantly and reliably is. Personally I think this could be more useful than wearing jewelry, but maybe that's just me.”
How to get real time cryptocurrency price updates in Excel ...
Bitcoin Price Prediction and Quotes from World Leaders #kryptobulletin #cryptobulletin Bill Gates, Jack Ma, Phillip Nunn, Tom Lee, John McAfee, Kenneth Rogof... Welcome to Team Underground, I (Thomas) do weekly BTC price analysis on YouTube. I've been full time trading bitcoin for over a year now and I've decided to share some of my analysis on YouTube ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. BITCOIN PRICE PREDICTION FOR APRIL - THIS CHART IS NEAR 100% ACCURATE MUST SEE - Duration: 10:09. Tyler S 9,991 views. 10:09. Candlestick charts: The ULTIMATE beginners guide to reading a ... Welcome to Team Underground, I (Thomas) do weekly BTC price analysis on YouTube. I've been full time trading bitcoins for over a year now and I've decided to share some of my analysis on YouTube ...