Crypto community 2020

There are two key factors that create the conditions for a new breakthrough for Bitcoin: The first is the growing hash rate of the BTC network. Since January 2020, the amount of computing power used to mine cryptocurrency has grown from 98 exaches per second (EH / s) to 136 EH / s. The second factor stimulating the strengthening of BTC is the high activity of wallets with a different number of coins. The increased transaction activity in the bitcoin network almost always signals the imminent resumption of the rally in the crypto market.

FortyN1nety   September 29, 2020   BTC  

Despite another unsuccessful attempt for Bitcoin to go up, it is now less volatile than Tesla stock. Although it is generally believed that it is hardly possible to find an asset with a more volatile price on the market. Bitcoin has lost about 7% since the beginning of the month, while Tesla shares have lost 15% over the same period. The Greed and Fear Index for Bitcoin and the largest cryptocurrencies grew by several points to 45 per day, approaching the neutral zone, which may indicate a short-term nature of the current price pullback. Within 2 months, the bears did not manage to push Bitcoin below this level for a long time. Although the phrase “what does not grow, falls” is relevant for cryptocurrencies, in these conditions of global turbulence and lack of confidence in any direction in principle, the volatility of Bitcoin and cryptocurrencies in general has ceased to be perceived as something extraordinary.

Anthon10   September 29, 2020   BTC  

The bearish index of large speculators (the ratio of the number of contracts to sell to the number of contracts to buy) rose over the week by 0.06 to 1.61 (due to a reduction in purchases). Bitcoin COT data reflects the rise in bullish sentiment among large speculators. Major funds have been actively cutting their positions in the last week before the monthly expiration of futures. Purchases were reduced by 21%, sales - by 19%, which led to a decrease in the net position for a decrease in BTC by 14%. The continuation of this trend may contribute to the growth of the cryptocurrency. Small speculators in the last week mainly reduced their purchases, which they have decreased by 12%. Small speculators were marked by an increase in bearish sentiment, but this group of traders usually does not have a significant impact on the market.

Marcion_Krups   September 28, 2020   BTC  

Large speculators have reduced the net position for the sale of Bitcoin contracts by 0.40 thousand contracts to 2.48 thousand. Large speculative players reduced the net position for selling after a week of increase, and alternately reduce and increase it for 4 weeks in a row. Small speculators have reduced their net position for buying contracts for bitcoin by 0.40 thousand contracts to 2.42 thousand. Small speculators alternately reduce and increase their net position for buying also for 4 consecutive weeks. Hedgers left their net buy position unchanged at 67 contracts. Open interest decreased by 1.14 thousand contracts to 9.32 thousand.

Kelsey Bing   September 27, 2020   BTC  

The SEC wants to clarify how banks operate with stablecoins. The Commercial Banking Regulatory Commission (OCC) and the Securities and Exchange Commission (SEC) have presented their guidance that clarifies how national banks interact with stable cryptocurrencies. Regulators want to take the sector out of the “gray zone”, as there is no clear legal basis for the banks to operate so far. If a stablecoin is backed by assets, which is confirmed by a trusted third party, then the operating activity with such assets is in the legal field.

DobbiezSock   September 26, 2020   USDT  

At the beginning of the week, Bitcoin fell down along with European and American futures, as well as against the backdrop of a rising dollar. Uncertainty around the pandemic and the future policy of the Fed hit Bitcoin through the domino effect. However, as early as the end of the working week, speculation around a new bailout package returned an upward momentum to the traditional and cryptocurrency markets. Bitcoin returned to growth, however, only confident overcoming of the $ 11K price threshold level can convince market participants of positive prospects.

Rocketman   September 26, 2020   BTC  

Speculations around a new support package in the US have brought stock indices back up, pulling Bitcoin and the rest of the crypto market with it. At the end of the working week, the benchmark cryptocurrency is showing an increase of almost 4% to $ 10,700. Together with the price, the trading volume increased sharply, by 76%, which additionally cements the upward trend. The Greed and Fear Index for Bitcoin and the largest cryptocurrencies, although still in the “fear” mode, nevertheless jumped by 7 points to 46.

Armin van Dijk   September 26, 2020   BTC  

Speculations around a new support package in the US have brought stock indices back up, pulling Bitcoin and the rest of the crypto market with it. At the end of the working week, the benchmark cryptocurrency is showing an increase of almost 4% to $ 10,700. Together with the price, the trading volume increased sharply, by 76%, which additionally cements the upward trend. The Greed and Fear Index for Bitcoin and the largest cryptocurrencies, although still in the “fear” mode, nevertheless jumped by 7 points to 46.

NotaPonzi   September 25, 2020   BTC  

The European Commission presented the rules for regulating the digital asset market. Vice-President of the European Commission Valdis Dombrovskis said that the future of finance lies with digital technologies and spoke about plans to create a regulatory sandbox for companies to test their blockchain solutions. In addition, the Visa payment system announced the creation of an offline payment system based on cryptocurrencies. The company said that it is actively involved in the preparation of central banks' digital currencies and continues to explore the blockchain space. Another good news for the market was the news that the developers of the Tron blockchain have entered into a strategic agreement with the crypto custody company BitGo. Against the background of these messages, the bitcoin rate per day increased by 3.4% - to $ 10,656 with a capitalization of $197.2 billion. The positive news flow in the future may push cryptocurrencies to further growth. In a positive scenario, Bitcoin may rise in price to $10800.

TheSmartest   September 25, 2020   BTC  

The trading volume of DeFi's leading coins yEarn Finance (YFI), Synthetix (SNX) and Compound (COMP) in the OTC markets has grown 8 times since the beginning of the year. Given the recent impressive fluctuations of the same yEarn Finance (YFI), the opportunities for speculation in the DeFi sector are now extremely impressive.

Leonie   September 24, 2020   YFI  

I can't but agree that trading on Chinese cryptocurrency exchanges entails substantial risks for foreign traders. Not need to remind you that their government is as unpredictable as a ricocheting bullet. So, if you feel confident enough to entrust your crypto to a centralized exchange like this, please don't complain if one day you will wake up to a message that your trading account had been blocked for no apparent reason.

Paolo Maggio   September 29, 2020   BW.com  

I don't understand why people complain so much about Bithumb, as if all other cryptocurrency exchanges are totally trouble-free. Excuse me, but I have been dealing with such terrible platforms, where support and customer service had been virtually non-existent, that Bithumb looks like an absolutely normal trading space, compared to the mess that I had to endure. I have a small deposit there that allows me to trade some exotic coins, and everything has been running well so far.

Moses Meloun   September 28, 2020   Bithumb  

I have found out about BitUBU only recently, but my fellow traders, who have already given this exchange a try, were moderately satisfied. The platform provides for an abundance of trading options like the usual stop trading, futures trading, and even algorithmic trading. I like the fact that there are more than 10 ways to deposit funds onto the exchange, though the fees are slightly higher than I expected.

Ray_Mist   September 27, 2020   BitUBU  

I am not sure why, but the South Korean cryptocurrency exchanges have been extremely unreliable and ignorant of foreign customers lately. Maybe it has something to do with regulations or massive hacks - I don't really follow the crypto news from Asia - but Bithumb has been a huge disappointment for me. The exchange that promised so much, came up with so little. Their lax security is really annoying, and worrying, of course. Bithumb has been hacked before and will be hacked again sooner or later.

Amelia   September 26, 2020   Bithumb  

As I see it, the industry is currently developing in a way that leads to the demise of the majority of altcoins and cryptocurrency exchanges that simply don't meet the necessary standards of security, efficiency, and, in case of cryptocurrencies, the ability to showcase sustainable gains. It is like the survival of the strongest in the crypto space right now. And I doubt that BitForex would be able to survive the competition in the long run. This platform is just too dull and unreliable, if not to say shady.

Harry   September 25, 2020   BitForex  

I have been using Huobi during a certain period of my trading career, and I can say with all certainty that is was an exceptional experience. I had a couple of instances when the platform interface had unexpectedly defaulted to the Chinese language, which was a bit annoying. The range of crypto assets and tradable pairs is quite broad with 88 pairs for ETH alone, and more than 280 listed currencies. I saw the rumors circling around about Huobi being allegedly involved in wash trading, but that would be its only flaw.

dontwa$tenoney   September 24, 2020   Huobi Global  

For the last several months, I have been hopping from one crypto exchange to another, in search of a perfect combination of low fees, user-friendly interface, responsive support, and trouble-free withdrawals. From my experience, BitMex doesn't satisfy at least two to these demands: the fees are around the industry standard, but certainly not tailored for small-time traders; the support is very slow as it took them around 70 hours to respond to the ticket I had created.

MoonCreature   September 23, 2020   BitMEX  

When it comes to Binance, it was love at first sight for me, if that doesn't sound too cheesy. Anyway, I have entered this space in 2017, when the so-called cryptocraze had just begun getting into gears. Binance was the first cryptocurrency exchange I have registered with; Bitcoin was worth around $3K at that time. Back then, I was just a nascent trader, but my intuition, and the lack of greed, allowed me to ride the "green" wave up till it hit $18K, and then sell my BTC for a substantial profit, just before it all went crumbling. I've been loyal to Binance ever since.

J1n Ba0   September 22, 2020   Binance  

We now have a sequel in the thriller called "How scammy is BiteBTC?" At first, the entire community of traders was roaring about the fact the BiteBTC withheld the majority of withdrawals. Now it turns out that this exchange has rebranded to Fedlio and starts gathering new fools, who believe that the fact that the platform was allegedly acquired by some Seychelles Commercial Bank would make BiteBTC less of a scammer.

Nocturnal Trader   September 21, 2020   BiteBTC  

I tried to withdraw my $3k they say that transaction is complete but won't provide transaction details like hash. I never received my withdrawal. I started a claim with reclaim crypto by *** but they need more users to proceed with my case. If you got scammed by tagz and they owe you money start a claim against them! It's free! (they take a part of your recovered crypto if successful)

IF   September 20, 2020   TAGZ Exchange  

Zimrii tries to provide a solution to a very acute problem of ownership of intellectual products and inadequate compensation that content creators receive for their work. However, I am not sure that Zimrii would be the project that disrupts this particular industry. They would definitely help the transition to a more just and transparent system, but Zimrii won't be a game-changer.

BB Jones   September 29, 2020   Zimrii  

From what I understood about DeHedge, this platform would need a lot of liquidity in order to ensure that any investor would be able to receive the initially devoted amount should he decide to pull out. That would account for the millions of dollars from the get-go, and I am not entirely sure that DeHedge would be capable of reaching even a softcap. In all candor, DeHedge appears to be a bait for the gullible investors who are way too inexperienced to distinguish the vivid, but hollow, promises from the real project potential.

Ram$ey   September 28, 2020   DeHedge  

I hate to say it, but iCasting is most likely to get lost in the myriad of similar projects that already have a strong user base, as well as global recognition. The only thing that could make iCasting rise head and shoulders above the competition is the ultra-low fees that are inherent to the blockchain platforms that feature the gateway for money transfers. But even then, it would be super hard to lure the talents and employers from other platforms.

Ether Outlaw   September 27, 2020   iCasting  

Their vision is rather simple to understand — they wish to create and deliver a platform that would provide interested people with a gateway into a crypto space, which is a noble goal. Of course, investors should still explore the project further and do their own research before investing, but with the ICO being over a week away, there is more than enough time to do so.

l00k$_1ntere$1ng   September 26, 2020   BitCollar  

SerenitySource presents a solution that will be of immense interest to Australians who are involved in producing/selling electricity from renewables. Perhaps you don't know, but the Aussies have probably the highest electricity rates among other developed countries, while enjoying substantial discounts, and other perks, on the energy produced from renewable. SerenitySource might have hit the gold mine here, as they offer a totally new approach towards energy production, accounting, and distribution. The list of team members is a bit short, so they should improve on that in order to come up with a product that fully satisfies the market.

masterofpuppets   September 25, 2020   SerenitySource  

CoinUs shows disrespect to foreign investors by not localizing their official website to the English language. After I read the review, the project really caught my interest. The idea of a hybrid digital wallet that supports different kinds of cryptocurrencies is what this industry desperately needs, but CoinUS won't be able to succeed if they focus only on Korean customers. Certainly, the investors from South Korea are solvent, but they alone can't ensure the future financial well-being for CoinUs.

Nick2567   September 24, 2020   CoinUs  

Judging from the info on the GoMiner official website, the token sale is going pretty well. As of now, the project has already gathered approximately 20% of the established financial goal, which is a good showing for a team that didn't have that much media coverage. Cloud mining has always had its share of users, who can't afford to buy mining equipment. I think that we will see more projects like GoMiner in the future, but they would definitely remain the pioneers in this field.

Kelsey Bing   September 23, 2020   GoMiner  

By looking at how regulators across the world, especially in the United States, have toughened their stance on cryptocurrencies, I think that it would be wise to refrain from investing in projects like Soraix mainly because it could become a collateral victim of a feud between Libra, US Senate, global regulators, SEC, and Telegram Open Network. The crypto is entering a very difficult stage where there would be a need for a compromise between the major blockchain projects and the officials. Something tells me that it won't be in favor of the former, which means that projects like Soraix would also suffer.

Warrennnn   September 22, 2020   Soraix  

Oh my, here is another startup that intends to make the "world a better place." We have already seen so many of them rise briefly above the surface only to get to an even deeper bottom of insignificancy. Besides, the concept offered by 2Local is flawed at its core since they intend to narrow the audience to "locals" instead of trying to go global. The 2Local app would be suitable only for those who reside in big megapolises, and could be rendered virtually useless for those from small towns.

NotaPonzi   September 21, 2020   2local  

Cryptobonds is just another fairytale for the gullible investors who don't mind jumping headfirst into an endeavor, organized by a startup that has little to no guarantees of liquidity, thus no foreseeable prospects. It's not the time to invest in questionable financial products based on digital currencies because they pose a prime target for governments, especially the Asian ones. So, Twogap is just another crypto startup on my "read-and-disregarded" list.

Marcion_Krups   September 20, 2020   Twogap  

The good broker out there - listed company, solid and safe. All the instruments and the exchanges. Excellent for traders - the tools are available. Transactions and fees are all clear. They explain everything with no hidden charge included.

Samuel   September 29, 2020   101investing  

With this broker, I can trade with several trades, all at the same time. I trade and organize my portfolio smoothly, thanks to its platform features. Fast and smooth deposits and withdrawals. Trading transactions are stress-free. I am very much satisfied with this broker.

Eric   September 29, 2020   T1Markets  

It is difficult to remain a true professional in all circumstances, but in this company there is a lot to keep you working effectively. For example, here you get access to quality analytics and training articles, and here there are two modern trading terminals and a normal mobile application. So, there is complete freedom.

Paul   September 29, 2020   101investing  

What I love the most about my trading experience at FxPro is the convenience and the affordable trading cost. I often use their mobile platform. Through this, I am able to trade whenever I am even when I don't have my laptop with me. It is impressive because even though I am using only a mobile device, I never experienced any trouble in the platform. I have always had a pleasant trading experience at this broker.

Samiela   September 28, 2020   FxPro  

Working with a broker is good. I've been trading with this brokerage for a year, and so far everything is good (sometimes so good that it gets a little boring). I like that it's so stable and reliable, it's the first broker I've been able to relax and just trade with. But I would like it to change a bit somehow. Because sometimes I think that this broker needs some kind of upgrade in order to change trading conditions slightly or to add some new feature, you know what I mean? I think it would "refresh" its work a bit, and maybe even attract new clients to the broker. traders' tournament would be a nice idea.

Couch_Potato   September 27, 2020   Alpari  

They have the best trading software and the most profitable trading signals. I find it easier to place trades and organize multiple trades and account on their platform than on any other.

Alchemist Ben   September 26, 2020   FXTM  

In my opinion, OctaFX affords probably the best means for cryptocurrency tradings. I usually trade on MT4 but those who give preference to MetaTrader 5 will be able to find this platform here. OctaFX currently offers only three crypto trading pairs: Bitcoin, Ethereum, and Litecoin against USD, which is not much but sufficient for those who aren't particularly fond of digging into altcoins. The spread in these pairs is the following: BTC/USD is around 2.2 pips; ETH/USD - 2.4 pips, though the one in the LTC/USD is substantially wider - 9.1 pips.

drAg0nHunter   September 25, 2020   OctaFX  

My trading experience with Grand capital has been great. Enjoying their tight spread, speed execution with wide range of trading instruments and fast withdrawal. but like other brokers that offers free bonus account that comes terms and conditions, i will advice you forget bonus account and open a live trading account. with live trading account you are on point with this broker.

Mike   September 24, 2020   Grand Capital  

The trading advice they provide me never fails. I've been trading with this broker for more than six months and I receive about 15 percent profit every month.

Julie   September 23, 2020   101investing  

Bithoven is a fledgling cryptocurrency trading platform that has all the necessary feats, such a personal wallet, a variety of trading tools, and margin with the leverage of up to 1:20, with Bitcoin being the nominal margin currency. The platform supports more than a hundred cryptocurrencies, affords for instant trading, and ensures the security of all operations thanks to the TLS/SSL encryption and 2FA. The only disadvantage of Bithoven is that all deposit/withdrawal operations can be carried out using only cryptocurrencies.

fantA$T1C   September 22, 2020   Bithoven