Blockstack Pullback priceHere are marking price for pullback.
Blockstack.
Blockstack aims to build a new decentralized internet where users own their data and apps run locally. A browser portal would be all that is needed to get started.
Great tools for dapps.
Current price
$0.217739 USD (4.19%)
0.00001160 BTC (4.21%)
Dapps
Why Blockstack(STX/USD) is Super undervalued ? Ready to Pump!!The project has backing from venture capitalist mainstays like Union Square Ventures, Digital Currency Group, and 20 others. It’s secured $75 million in funding to date... including $23 million via the first Regulation A+ token offering ever. (A Regulation A+ deal allows non-accredited investors to invest in private projects.)
The Blockstack network launched in November 2018. It started with 38 apps but has grown to over 500 since then.
Like Google and Apple, you can access your Blockstack apps through one username.
However, unlike Google and Apple, it doesn’t store your data. Instead, your data is stored on the blockchain and controlled by your private key. Your private key is an encrypted code that allows you to access your data on the blockchain.Only the person holding your private key can access your information.
As Blockstack adds more apps, we’ll see its ecosystem continue to grow. And since it’s an open- source network, any developer can build on it... That’s unlike Apple or Google, which charge developers exorbitant fees to build on their platforms.
Looking forward, we see two massive catalysts ready to propel Blockstack higher.
The first will happen within weeks. It’s called Blockstack 2.0. That’s when the PoX protocol goes live. When it launches, we’ll see STX holders lock up their tokens for staking.
Staking is when token holders can lock their crypto assets (i.e. their stake) to help secure a blockchain network. And in exchange, they earn rewards.
Staking crypto tokens locks them away and reduces market supply. And the introduction of staking is coming right before the second catalyst – STX’s countdown timer.
By October 31, 2021, Blockstack’s code will reduce the rate of inflation by 96%. It’s the mega catalyst we think will keep pushing prices higher. Combined with staking, we’re about to see a dramatic drop in the supply of STX coming to market.
Reason why Ethereum Need to be in Your Radar!!!A high level of activity and demand for computing power on the Ethereum blockchain has led to congestion on the network. As a result, transaction fees on the platform have skyrocketed. So let’s lay out the ongoing development on the network and the work being done to alleviate these fees...
Ethereum is a decentralized, open-source, and distributed computing platform. And at its core, it’s a blockchain.
What set Ethereum apart from day one was its computing ability to execute smart contracts. This enables users to build, execute, and verify decentralized applications (dApps) via the blockchain. It’s why Ethereum is being dubbed “Web 3.0.” What separates Ethereum today is the development on the network. It’s second to none, thanks to its 1,100-plus developers. They’re bringing major progress to the project through enterprise development, DeFi, and the Ethereum 2.0 upgrade.
Enterprise development – over 700 global initiatives, including Ernst & Young’s Baseline protocol, which Coca-Cola is running a trial on for its bottling network... JPMorgan ,Chase’s Quorum blockchain, which is home to a few hundred banks that merged with ConsenSys last month... and Ethereum’s Microsoft Development kit, which just surpassed 12,000 downloads.
DeFi – over $8 billion of value locked up. This is up from around $500 million one year ago – a 1,500% increase – and highlights the growing usage of Ethereum dApps.In fact, the growth and high demand has made network congestion an issue. But Ethereum already has solutions available in the form of layer 2. One of these is OMG Network, one of our other holdings. OMG Network is expected to relieve some of the issues the network is experiencing due to DeFi’s recent popularity.
Ethereum 2.0 – a massive overhaul that will bring enterprise usage and DeFi to even greater levels and provide a long-term solution for network congestions. The first portion of this upgrade is expected around the new year. It’ll continue to roll out more releases over several years. The end result is virtually unlimited scalability, increased security, and higher speeds.
Ethereum’s roadmap is substantial. And with the most developers in the space working on it, it’s ready to see mass adoption and a surge in price.
ETH- Stars are aligned Simply put, ETH's 400 price lvl is equivalent to 6k price level of BTC.
Once S/R flip happens, it should be all smooth sailing for ETH as long as the macro condition remains strong.
Three main catalysts all converge together at the same time.
#1. Fundamental factor-
Medalla is the final testnet before the launch of the Eth 2.0 network, which according to Vitalik's optimistic expectation, can be expected to happen before the end of this year. The official launch timeline of ETH 2.0 has been delayed several times already, but the benefits of enhanced scalability and privacy can't be overstated once the network switches to Proof-of-stake (PoS).
#2. Short-term hype & buzz-
DeFi gold rush has just started. However, there is a good chance that it will fade away like IEO of last year. The high interest rate is unsustainable as ppl are moving from one lending platform to another in the constant search of high yield and governance/lending token appreciation. Most decentralization exchanges (DEX) also benefit from the yield farming phenomenon as most experienced record trading volume last month.
There are two reasons why ETH's price will go up because of the yield farming. First, since most lending and DEX tokens are sitting on the Ethereum blockchain, it is plausible to think that it could propel ETH's price as long as the amount of ETH locked in DeFi contracts has the impact on the supply of ETH. Second, according to The Block, the market cap of all ETH tokens recently surpassed the market cap of ETH itself. Therefore, ETH is possibly poised to rise as growth in the utility layer trickles down to the base layer.
#3. Technical lvl-
As stated above, 400 price lvl is an important psychological lvl. Once it is breached and retested, it will become a strong support lvl. Moreover, I believe ETH has more upside than BTC as it still has a long way to go before it reaches its previous ATH.
Furthermore, two of Ethereum's major competitions, Tron and Cardano, are falling behind in the DeFi and Dapp race as TRX has just announced to enter the DeFi space and ADA is lackluster in the Dapp performance.
Even if the 400 resistance lvl is strong, ETH is still poised for the major breakthrough in the near to mid-term. I would continue to accumulate on the dip when the price drops to those two buy zones I list in my chart.
Thanks for reading through my analysis :) Don't forget to click like!
WAVES/BTC 3D (Binance) Descending channels near break-outTA: Waves is about to break that small channel and the mid-line of the bigger one, that would propel it way higher.
FA: It's an open platform and decentralized environment for Web3 applications, allowing you to create and run DApps and decentralized software solutions.
This is also a staking coin with an APR of 6-8% and , you can stake them in Trust Wallet for example.
Current Price= 0.0001159
Buy Entry= 0.0001161 - 00.0001101
Take Profit= 0.0001447 | 0.0001690 | 0.0002224
Stop Loss= 0.0000775
Risk/Reward= 1:1 | 1:1.72 | 1:3.31
Expected Profit= 30.24% | 52.12% | 100.18%
Possible Loss= -30.24%
Fib. Retracement= 0.5 | 0.786 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 1920h
Status, rising channelStatus was one of the most funded ICOs ever, and is also one of the most active projects on github. Price was bouncing between $0.02 and $0.023 for a long time.
Now starting to climb with the rest of the market, possibly due to controlled institutional or whale investment helping to prop prices up. I am starting to suspect that we won't see further capitulation because of this.
#EthereumClassic #ETC- From The Guy Who Called #BTC Under 2.68#EthereumClassic #ETC- From The Guy Who Called #BTC Under 2.68
This article will mostly focus on key characteristics and fundamentals that I used to make up my LONG investment thesis for #EthereumClassic #ETC
I used the title " #EthereumClassic #ETC- From The Guy Who Called #BTC Under 2.68 " as a reference to my previous article which focused around #Litecoin before it made a 8x move and a New All Time High. I feel #ETC has the same potential for a similar type move if not more.
Hypothesis
I think #EthereumClassic has been one of the most overlooked and undervalued in the top 20 coins by market cap and thus is extremely undervalued. Using predictive logic I am calling for the #Classicening
*Make Note*
(#ETC is trading around 5.40 USD AND #ETH is trading around 154 USD as I write this.)
I won’t go into an extensive historical overview of the history of #ETC #EthereumClassic vs the fork #ETH #Ethereum . Just remember #ETC is the original chain and #ETH is the fork.
I will note some of the key differences and upcoming developments that lend to my Bullish thesis for #EthereumClassic and to support the potential event that I call the #Classicening . (Remember I was the first to call the #Flappening for #LTC)
The #Classicening which will occur when the price of #EthereumClassic (#ETC) surpasses the price of the fork #Ethereum (#ETH)
Discussion
#EthereumClassic (#ETC) is Decentralized, Immutable, Censorship Resistant and has a fixed monetary supply of 210 Mil
#Ethereum (#ETH) is centralized with a proven history of mutability and HAS NO FIXED monetary supply
Q: You might ask why does #Ethereum the fork have a higher market cap currently then #EthereumClassis?
A: The simple answer is hype
A new and uneducated investor class bought the sizzle not the steak. #Ethereum’s price was mainly fueled by the 2017 #ICO (Initial Coin Offerings) craze. Where people mostly had to buy #ETH to participate in these #ICO’s aka. #shitcoins
On the other hand, #ETC didn’t have the hype or the marketing associated with #ICO’s so largely went unnoticed.
Assumption : The new investor class will mature and become more knowledgeable choosing not to invest based on hype but on a coins utility and merit.
Justification 1. For the Classicening
EthereumClassic (ETC) is extremely undervalued because it didn’t participate in the mania of the #ICO craze and thus has been overlooked. As price discovery happens, demand will increase while supply is capped and thus price shall rise.
Meanwhile #Ethereum (ETH) whose price was once fueled by the #ICO craze, now experiences constant oversupply as #ICO projects fight for survival continue to have to sell to keep the lights on or exit scam. No fixed supply and constant selling pressure
Justification 2. For the Classicening
EthereumClassic (ETC) will remain Proof of Work (POW).
Time tested history
#ETC will be the only Decentralized (POW) non-fragmentedTuring complete Blockchain. with a fixed supply.
#ETC will benefit from the addition of hash and mind-space as miners and developers are leaving #ETH and joining #ETC
Ethereum (ETH) will move to Proof of Stake (POS)
No proven history as stated by Vitalik
“There is risk in the transition from PoW to PoS, and PoS has a shorter history to evaluate”
This is not to mention the inherent problems for investors dealing with possible tax ramifications with staking which could further weaken investor demand.
Justification 3. For the Classicening
EthereumClassic (ETC) will have a platform for developers with emphasis on high value and security. This will translate to more DEV’s choosing #ETC to build security focused #Dapps
Ethereum (ETH) will attempt to scale (Something it keeps promising but yet to accomplish) and provide performance on a untested POS chain with more unknown vulnerabilities
Justification 4
EthereumClassic (ETC) is in a very unique position to be successful with a strategy of interoperability vs most coins approach to be the one and only coin (Maxilism)
Instead it will benefit from the utility it can provide across multiple chains including ETH and be a integral part of the larger eco-system
Ethereum (ETH) with sights to be the dominant chain and development history of building on house of cards it increases #ETH chance of a systematic risk. Its development is centrally guided around Vitalik’s vision, this represent another single point of failure.
Conclusion
If the assumptions of the #Classicening prove to not come to pass.
It won’t change the fact that #ETC is still grossly undervalued and thus has outstanding potential to out preform the market.
#EthereumClassic should provide a great investment vehicle both in the short term and longer for investors who see the value in decentralized layer 1 chains and a secure platform for #Dapps .
With many upcoming developments like the upcoming #Atlantis upgrade and chart showing an upside breakout:
There couldn’t be a better time to do your DYOR on #ETC.
It’s relatively scarce and thinly traded so it will take a lot less $ volume to bring it into a New All Time High which will be over 43 USD on most exchanges
8x from its current levels
PS. I wanted to get this write up as quickly as I could, just know my preemptive apology for all the grammar mistakes.
Chart is looking to break it’s MA’s and this is just finishing its retrace from 9+ just a few weeks ago so time is of the essence to DYOR.
=:] My thoughts do your own DD . My opinion might have a rooting bias not an opinion to buy or sell anything
How is that for disclosure =:]
Ether poised to benefit from infrastructure spending?'8th Day' positive extreme projection here is carried forward on the combined trend line, terminating at the same price at the later date where that price is shown.
What happens between now and then may be greatly influenced by news $30M spending will proceed on Ethereum infrastructure by concerned parties going forward. Tentatively, an increase is likely, hovering somewhere between today's price and the extreme presented, reaching a peak somewhere on the timeline.
As to whether a new higher high will occur, solidifying Ether's USD valuation here on the digital currency 'backside' as a hedge against a possible late May BTC correction, and other factors of volatility in the market, is speculative.
Ether has retained a good portion of its latest surging increase in BTC valuation following BTC's fabulous rise. And on the USD side did well during the mini-correction. It may be relevant to point out if digital currencies are to gain from their intrinsic value they will have to compete on market capitalization with the very currency which drags their present valuation all over the map; this may mean investors will benefit from Ether swallowing not just the tail of the whale, but a good portion of its body, making way for its intrinsic valued cousins to refresh the sea with services and economic opportunity by way of active developer and user communities, subsuming their progenitor for the good of all.
If the whales are worried at all, investors in Ether may not see it unless they first present the challenge. It will otherwise probably be business as usual, which isn't bad, but doesn't really seem to deliver on the widespread promise of systemic change resulting in lower fees, greater access, and, as mentioned above, new economic landscapes carved out of information in cyberspace, the virtual and limitless real estate which continues to capture our imagination and innovation.
NEO dApps popping up, while GAS price is dropping.New projects popping up on NEO blockchain are great news for the GAS token holders
The GAS is a fuel of the NEO blockchain; a currency used to pay for utilizing NEO protocol resources. Projects built on top of NEO blockchain will have to use GAS and at the same time GAS can be earned simply by keeping NEO coins in the wallet. By holding, or in other words staking NEO, passive income will be earned.
There are many new dApps are being built on top of NEO blockchain, which should drive the demand for the GAS. For example there are few startups worth mentioning, like NEX, Switcheo, Red Pulse and so on. More on NEO dApps can be found here: ndapp.org
With the huge potential for demand, the price of GAS is also likely to increase in the long run. Dapps built on top of the NEO blockchain are yet to prove their real world usage, and if/when they will become commercially accepted, NEO along with the GAS token have a good chance to rise above all-time highs.
Currently, as the entire cryptocurrency space is struggling, the price of GAS has also been moving down. Back in January 2018, GAS has been traded at btc 0.007, and in August it hit the low at btc 0.0006. This is a huge 91.5% drop,that took only 8 months.
Will GAS/BTC recover at any time?
Certainly it should be expected in the coming month, but at this stage it is not clear when and how strong the recovery will be. Back on the 14th of August, GAS reached th low at btc 0.00066, where it rejected the 427.2% Fibonacci support level, of the Fibs applied to the corrective wave up after the uptrend trendline breakout.
At the same time, new Fibonacci time zone cycle has started and price went up from btc 0.00066 up to the 0.00120 resistance, but failed to break above. Nevertheless, the 200 Moving Average and the RSI downtrend trendline were broken, suggesting the upside growth.
The next Fibonacci cycle starting on the 13th of October, which is just 3 days to go. At that stage the trade volume might increase, resulting in breaking above or below the trading rage, established between btc 0.00066 support and 0.00120 resistance.
As the RSI is holding the uptrend trendline, break above the 200 Moving Average could be the signal on another wave up. But price breaks belwo the btc 0.00066 support, GAS/BTC could decline towards the next support level, at 0.00013.
This could be the bottom of the GAS downtrend, as first signs of the trend reversal are there. Formation of the “higher highs and higher lows” pattern should help to confirm the reversal, while break below the support could have a negative impact on the price..
Bull run for rippleRipple is arguably the Alt-Coin with the most use app's on the market. While this is nothing really but speculation, I see a rise to .53-.54 on the near horizon , and beyond if people begin to understand that all of the app's, its proprietary network , liquidity etc. go beyond a simple store of value.
In an earlier piece I made an argument for blockchain tech. applied to protein folding , to perhaps one day cure cancer and foment other Medical breakthroughs.
I believe in use cases, and hence those coins with the most Dapp's, and that isn't Bitcoin at the moment (I hope that changes soon.)
Caveat emptor.
Good luck and may fortune smile upon you.
** This article is strictly opinion and should be viewed in that light.
XLM Machine Learning 'Buy' Signal Bolstered by $125mm Airdrop
Stellar Lumens ( KRAKEN:XLMUSD ) has seen strong gains so far in November, generating month-to-date returns of 21.8%. Although the general cryptocurrency market has performed well in November, XLM’s success can be primarily contributed to Blockchain.com’s announcement that it will airdrop USD$125 million worth of XLM into Blockchain wallet holders’ accounts who sign up for the airdrop. While the amount to be airdropped in each wallet has not been confirmed, Blockchain.com is promoting the airdrop as the largest consumer giveaway ever and the largest cryptocurrency airdrop ever.
Blockchain.com selected Stellar to conduct this large-scale airdrop because it is “built for scalability” and has “an active and growing ecosystem”. The airdrop of roughly 500 million XLM, which represents ~2.64% of the coin’s total supply, could further contribute to Stellar’s already active and growing ecosystem -- in a decentralized application (DApp) platform like Stellar, active users are critical to driving value in the ecosystem’s underlying coin. Blockchain.com wallet holders that receive XLM in the upcoming airdrop are required to sign up for the event, meaning these individuals are likely users that have an interest in Stellar -- there is a strong probability that some of these users will begin using Stellar on a regular basis as a result of their newly received XLM. There is a risk, however, that users to receive XLM in the airdrop will immediately sell the tokens in order to realize profits. If a significant number of users in the airdrop sell their tokens upon receiving them, downward pressure will be put on the value of XLM.
On a technical basis, XLM looks fairly solid. XLM has continued to set higher-lows since falling to USD$0.18200/token on September 11th, 2018. XLM is also beginning to see consolidation in its moving averages, indicating that a large price move may soon come.
Quantamize’s AI Machine Learning 3-Day Crypto Signal for XLM is “Buy” and maintains an accuracy score 67.35%.
How are you playing XLM as we move through the end of 2018? Comment below and let us know what you think!
[EOSUSD] The Dawn Is NearI am ready for the buy-in of a lifetime on EOS.
I already own plenty and am looking to add to my hodl. Harmonically EOSUSD is bearish . Get ready to buy the bottom.
Make sure your risk management is on point, only you are responsible for your actions, the market is just doing its own vibration...
Enjoy ;)
TRON Target 4025 satosis, Reward 300% coming ABCD move Leg 3 EWYou are Mad to Sell TRON
Perfect team and tech development beyond it.
Big marketshare in DAPPS also
Great fundamental outlook
Technical Analysis on chart says this is a STRONG BUY also
Risk/Reward is skewed up to 300% profit upcoming
Measured from the first leg up AB to the new leg CD
It is also getting ready for Leg 3 of EW Elliot Waves..
Which is normally together with leg 5 the Longest move UP
TRON BE WITH YOU
UBER BULLISKwe're on a verge of huuuuge uptrend on LISK guys... dayly charts are just bonkers. were fighting the upper trendline of downtrend channel if we brake it there is no pressure level until 65... and that level probably will mark the end of 1st elliott wave. just look at it :D ain't it beatiful? watch closely if volume onpoloniec overtakes etheres we're goint to tha mooon baby !
LSK ascending - strong move ahead?After we've succesfully defended 0,0004 we can see ascending triangle and risin wedge forming on the chart. another attempt to break 0,00045 - the key pressure level is due. patterns should complete in day or two and either confim or deny the uptrend but it all looks good for now. i would expect another leg up in 0,0005 area soon. if we defend 0,000445 as new support after that it will be very bullish sign.
LSK - the long awaited breakout?Today happended what every LISK bag holder was waiting for. LSK has finally broken out of downtrend channel and it happened on good volume (its 5 times the usual 24h LISK volume we were observing past weeks) and bottomed twice (A & C) on nice volume prior to that. The pump looks great on every timeframe now and LSK will try to break next important pressure level around 0,0005 very soon. If we break it and stay above 0,00045 we might have something big cooking here but no news were released so far so be careful: it's "anything can happen wednesday" :}