BTCCNY
NXC | Game Launch and Coming to Steam |Founded in Fall 2015, and family operated, Beyond The Void is a company, which is designing a free Multiplayer Online Battle Area (MOBA) running in fast and fun rounds of 15 minutes. The role of the blockchain technology in its delivery is meant to provide efficiency and security to players. The tokens that they have created for their MOBA gaming platform are called Nexium (NXC). The blockchain technology is being used as the economic backbone of the project. NXC will be used to buy, sell, and exchange items in the game’s shop. Like spaceships, skins, holotags, and so on. Every transaction you make in the shop is an Ethereum based transaction managed by smart contracts and with NXC. History/Origins Nexium Video games have been a family thing since the beginning. Maxence, Manon, and Rémi got the same Super Nintendo NES game system when they were kids. While some people grow out of video games, our interest never faded. Eric started programming when he was a teenager, and passed his passion for digital creation on to his children. Maxence has always been developing video games, while improving and developing his skills as a concept artist. The original idea of Beyond the Void comes from him; the game’s background, features, and gameplay. We came together as individuals around that concept, and have formed a team. Today, Beyond the Void is a team of four members, equally necessary to the success of the project.
Maxence takes care of the game’s code. Rémi’s input as the game designer is essential; he invents the game’s dynamics and gameplay, such as how many motherships with which skills, which attacks with how many damage percentages for which units. Eric introduced blockchain technology to us. His passion for cutting edge technologies allowed us to see the possibilities of the blockchain sector. We took it upon ourselves to market a product that would be successful in this niche, but also to bring our game and the blockchain to the mainstream. Remi followed through on Eric’s suggestion and developed our crowdfunding smart contracts, the Nexium bonus distribution for backer ranks, and is well on his way to becoming an Ethereum smart contract expert. But making a great product isn’t enough. You also have to talk about it around you, develop partnerships, update people on our progress, go to events, and generally get the project out there. That’s Manon’s job. She is taking care of all of the project communication. She is active on all of the forum threads, social media, ads, articles, and scheduled events.This way, Maxence, Rémi and Eric can focus on the game’s development.
Trend Analysis
It is clear that the gaming industry has been undergoing tremendous growth. The trend is extremely positive when it comes to PC gaming as well.
The graph shows the games market revenue worldwide in 2015, 2016 and 2018, broken down by segment and screen. PC/MMO games were estimated to generate 26.7 billion U.S. dollars in 2016. Between 2015 and 2020 the entire global games market is set to grow at a CAGR of 3.6 percent. In 2016 it was estimated that there were over 912 million video gamers in Asia Pacific, making it the largest region in terms of gamer population. It was followed by the EMEA region with 605 million gamers that year. In terms of best selling PC game titles, the global trophy, as of late, belongs to The Sims 3, followed by World of Warcraft.
BTCCNY continues going up, looking for resistanceSideways occurs between
the vertical black lines;
and the curve is turning
downwards when price moves
out of the right black line.
if price keeps go up,
uptrend will be formed.
New rise of Bitcoin (BTC)I ask you to pay attention to the critical level for bitcoin at a given time. In the event that the current or subsequent weekly bars close above the support line / cost resistance line, we will see a subsequent increase of 900% + in the next few weeks. I would like to draw your attention to the fact that the key condition is the closure of the current weekly or subsequent bar above the mark of $ 3513 for 1 Bitcoin.
Moving upwards; NEXT OBJETIVE 4.8K $After a nice correction of the last 6 months uptrend, price clearly reversed and bulls are again riding the price. Next objetive is 4.8k$.
This is just a continuation of my last bitcoin chart, objetive of 3.5k $ almost reached, I spect a drop to 3.2k, maybe even lower but not more than 3k, for a nice rebound to 4.8k zone in the upcoming weeks.
Good Luck!
BTCCNY continues going up, looking for resistanceSideways occurs between the vertical black lines; and the curve is turning downwards when price moves out of the right black line.
if price keeps go up, uptrend will be formed.
Minimum Bitcoin target is 24000 BTCCNYMeasured move target is 24000 BTCCNY, went long at 18555ish.
follow me on twitter/blog for live trade updates and analysis
BTC - End of the Year SynergyLots of bulls still, but to me this triangle says it all. I don't think we're going higher, although at this point anything anyone says is just speculation. Moon has been delayed for next year at least in my opinion though.
If you take the supports and resistances somehow everything melts down at the end of 2017, around December 30th - December 31st, right around when the Stellar giveaway will be taking place. Coincidence? There are no coincidences in crypto. Something might be happening around then.
If you trade this triangle just buy the supports and sell the resistances. I think it's going to break down eventually and we'll revisit 8000 CNY in the next months (around 1200 USD). But then, around the end of the year, a pivot will come to save Bitcoin, or to kill it forever.
Good luck :)
Remember if you want to discuss about this into more detail you have more information about my groups in my signature. I'm also analysing the fractals for this and once I have a better the idea I will post the updates in there. Last time it worked perfectly. I predicted the exact moment to sell the top of the bubble even before it started. You can check it out here:
Happy trading!
BTCCNY Bearflag/WedgeIf the triangle breaks, which looks quite probable, we will have a large downside.
Blood in the streets is coming. Stay vigilant, and happy trading.
XBTEUR: UpdateBitcoin is very close to start trending up again, as I expected originally...a correction until August 1st. I specially like all the negativity and manipulation that forced people out of their positions, into altcoins as a hedge, in cash on the sidelines. Many wanted to buy back on dips after the surge off the lows after Bitmain started supporting Segwit in all their pools, but couldn't. Dips never came, and when they did come, it was after the market had surged above the weekly accumulation zone (white boxes). Sentiment then reached a peak, and I believe many bought the top, and were liquidated after the next dip started. The buy the dip crowd didn't buy, many reverted to shorting due to a 'triangle breakout' to the downside. These short term traders briefly were in profit, but if they didn't cover, the market has already liquidated them or is about to squeeze them out.
Now massive shorts are open, and I think the market is ready to burst higher, squeezing everyone and ther mother out of short trades, sending price to my bullish targets rather quickly. I'm holding all my crypto funds in $BTC as we speak, with a cost basis below 2000 for the last batch. I'll be looking to add after closing my short term margin longs in profit twice. My clients and me were in a drawdown briefly, but we have now recovered.
The weekly targets make me think Bitcoin will form a top by November, which aligns with the fundamentals as well, since that is the time required to proceed with a hard fork to increase block capacity, as part of the New York Agreement, which is the main reason, together with the BIP148 soft coup attempt, which cleverly forced the miners' hands into letting $BTC scale via Segwit, and sacrifice their beloved ASICBOOST. This comes with a price I'm sure, and it will be revealed to us, what their end game is in due time. I have a few theories, but need more data to confirm or disprove them.
The Bitcoin Cash hard fork, which is in reality, an altcoin until proven otherwise, is the key here. I will hold mine, once I receive the airdrop, as an insurance policy...I doubt -at least for now- that they manage to pull hash rate from $BTC in any significant manner but it's wise to be prepared for the worst by year end. This would be quite logical, and would match my long term technical forecasts making it a high probability scenario.
Best of luck,
Ivan Labrie.
Possible path for BTC in next year CHAPTER IIIThe Cycle wave IV has stopped at $1830, with the Fib retracement only 38.2% of Cycle wave III, and it's speed up by the news of Segwit2x, for now, I believe we are moving up for the Cycle wave V.
According to the rate between each drop and rise: 8.618==>5.618==>2.786(which should be 3.618 if following Fibonacci sequence)==>2.618, I think the rate between wave IV and V will be reduced to 1.618~2.
Then we can calculate the possible top for the Cycle wave V, and that, gentlemen, it's the end of this long wild journey. For what coming next I believe that would be the first time: The Cycle wave ABC, and I think it will last till next BTC half:2020.
So, Cherish The Day, and Good luck.
Bitcoin vs. Yuan for perspectiveTake time to look at other trading pairs to get perspective. In my BTCUSD chart I was calling a double top, but here, we see something a little different.
A bearish channel can't be confirmed yet- we must touch the bottom line at least twice. But it's definitely within the realm of possibility.
Also take into account that many other charts exhibit this trend- XRP, ETH, ETC, etc.
Trend analysis on BTCUSDBTCUSD
Using trend lines (red/green) and two lines acting as possible support (purple), I tried to draw a possible pathway BTC could go the coming days/weeks. For the long term, I'm bullish (the thick green upward sloping trend line). However, until the beginning of August, we may have a bear in Bull's cloth/Dead Cat Bounce. Therefore, investing in altcoins is risky the coming week.
This trend analysis is subjective and you certainly should not base your investment decision solely on this graph.
BItcoin About to Raid Final Stops and Sell Off?These stops were engineered a few weeks back now and I expected them to get tested at some point. Seems too blatant for them not to be taken advantage of, you can see them on all BTC exchanges
BTC Make a move. Ive had the luxury of being away on vacation and having had time to think about this and concluded that this is hugely complex in its analysis. This analysis is with reference to my very long term trend analysis tagged.
I will state that im not a coder or BC expert but have a thorough understanding of economics so please excuse any BC misunderstanding in the below.
The underlying fundamentals in this market are so unusual and make charting / second guessing a next move based on short term charts difficult so i must revert to the long term trend which might be useful.
I will relay some fundamentals in the economics of this market;
1- Bitcoin is about to find out if it truly is scalable without being breakable.
2 - There are individuals with the capability and economic incentive to manipulate this market (SHORT term).
3. - This is an exceptional example of game theory to those who appreciate economic thought.
I dont believe that anyone wants to lose money in the outcome of scaling.
Due to the investment into the significant expense on mining equipment, the net worth of the individuals involved into crypto, and the detrimental effect of a split in the chain would have on the aforementioned and potential foregoing, a resolution MUST occur. It doesnt make sense for anyone otherwise. Whether they like the outcome or not it just doesnt make financial sense not to reach a consensus beyond doubt.
To be clear, i prefer a clean outcome, i dont trust developers more than i trust economists. Both have their flaws. I trust market consensus to resolve the differences.
i therefore present two scenarios:
A - Segwit WILL be implemented. (65%)
Significant mining pools will accept segwit and have been blocking implantation to i) instill fear in the market to accumulate coins / revenue they will not be able to achieve in future and ii ) as a final push for their desired outcome.
- if i was a miner and coin wealthy i would probably (shamefully) do this.
This unexpected resolution will bounce bitcoin off the long term purple trend and push bitcoin to complete to consolidating symmetrical triangle and reach for the 1.618 fib extended from the lows of 2015 to around 5k by the end of the year. Investors and equity holders will surely desire this outcome.
B - There will be a genuine hostile chain split (35 %)
This seems the most risky path for any investor, (investor meaning miner, economic node, holder etc) regardless of their stance on the matter/stature. Resolution must occur because i do not believe two chains will benefit any party, however some short term damage may take place and we may fall back to the £1150s all time highs and bottom trend before convincing resolution toward a singularity (chain). Whether it really would ever recover is unlikely to me crypto would be all but finished; at least from a decentralized standpoint.
So basically i am positive. We have never failed to move upwards from the long term average once broken. there will be a ferocious FOMO in either direction either way and will be exceptional for traders hence why we love bitcoin.
This is not advice just my thoughts and i wish you all the best of luck.
FILBFILB