How to trade CMC Markets Bitcoin? - Expert Investor

Why does bitcoin dominance on CMC continue to fall? Is it just trade volume influenced? Is it a good/bad sign?

It has gradually dropped in the last few weeks, down to low 58s now. What is the significance?
It seems alts have been gaining more vs BTC recently. Is it just part of a new cycle?
submitted by Exact_Way to Bitcoin [link] [comments]

Why does bitcoin dominance on CMC continue to fall? Is it just trade volume influenced? Is it a good/bad sign? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Today crypto markets see moderate gains⬆️ over the past 24h. Even Bitcoin SV is traded in green zone✅The leading digital currency BTC started the day with $5 219 and continues growing. Other changes on CMC.IO 😉

submitted by cmc_io_news to u/cmc_io_news [link] [comments]

Dash Thailand is getting Dash listed at BigONE blockchain assets. Expanding Dash exposure to global and especially Asian users with USDT and bitcoin as trading pairs. BigONE is one of the top 100 exchanges on CMC. Another great step for the growing popularity of Dash in Asia. See link in comments.

Dash Thailand is getting Dash listed at BigONE blockchain assets. Expanding Dash exposure to global and especially Asian users with USDT and bitcoin as trading pairs. BigONE is one of the top 100 exchanges on CMC. Another great step for the growing popularity of Dash in Asia. See link in comments. submitted by DashEmbassyThailand to dashpay [link] [comments]

LIVE Bitcoin Bitfinex Delisted from CMC! May 2019 Price Prediction, News & Trade Analysis

LIVE Bitcoin Bitfinex Delisted from CMC! May 2019 Price Prediction, News & Trade Analysis submitted by Rufflenator to 3bitcoins [link] [comments]

LIVE Bitcoin Bitfinex Delisted from CMC! May 2019 Price Prediction, News & Trade Analysis

LIVE Bitcoin Bitfinex Delisted from CMC! May 2019 Price Prediction, News & Trade Analysis submitted by ososru to Bitcoin4free [link] [comments]

07-21 15:13 - 'Holy shit you are a complete and utter idiot, you are actually incapable of looking at the trading history on the dex, cmc reports false volume, Ian was 100% correct in saying that aph buyers were stupid and delusiona...' by /u/NotMy7thAccount removed from /r/Bitcoin within 341-351min

'''
Holy shit you are a complete and utter idiot, you are actually incapable of looking at the trading history on the dex, cmc reports false volume, Ian was 100% correct in saying that aph buyers were stupid and delusional. I sent the screenshots showing cmc and aphelion dex false volume to your telegram account along with the screenshots of the up to date trade history. Thanks for showing everyone the average of IQ of aphelion holders, it makes it so much easier for to show how pathetic it is.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: NotMy7thAccount
submitted by removalbot to removalbot [link] [comments]

75,000 $TRX trading competition at Catex Exchange - CMC just listed http://catex.io - we are opening #tron markets - live leaderboard at https://www.catex.io/report/trx #crypto #cryptocurrency #btc #binance #coinex #cet #bnb #eth #ltc #blockchain #profits #bitcoin

75,000 $TRX trading competition at Catex Exchange - CMC just listed http://catex.io - we are opening #tron markets - live leaderboard at https://www.catex.io/report/trx #crypto #cryptocurrency #btc #binance #coinex #cet #bnb #eth #ltc #blockchain #profits #bitcoin submitted by aerios01 to ico [link] [comments]

According to CMC daily trading volume, #TRON ranks top 6 crypto currency. We will learn more from the pioneers like #bitcoin #ethereum #Ripple #BitcoinCash and achieve our web 4.0 dreams. #TRX $TRX. - Justin Sun

According to CMC daily trading volume, #TRON ranks top 6 crypto currency. We will learn more from the pioneers like #bitcoin #ethereum #Ripple #BitcoinCash and achieve our web 4.0 dreams. #TRX $TRX. - Justin Sun submitted by harshp7337 to Tronix [link] [comments]

Daily Discussion - May 23, 2020 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Rules:
  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Comments will be sorted by newest first.

To see prior Skeptics Discussions, click here.
submitted by AutoModerator to CryptoCurrency [link] [comments]

Lition - $8 Million Dollar Market Cap With Real Use Right Now and a New Product They Are Developing Which Has Huge Potential.

Preface

I’m not usually one to shill my own coins but I’ve stolen a few good picks from this sub so I thought I’d share a new one I recently stumbled upon. Before I go into more details, I’d like to preface this by saying that I never invest in anything which I don’t think has the fundamentals to last at least 5-10 years and I don’t think this is a project which you will see a few hundred percent gains in a month or two. The hype isn’t there with this project and it’s more of a mid-long term play. If you want overnight gains, gamble on some of the smaller caps posted in this sub which are more like ponzi schemes riding on DeFi hype which you sell to a greater fool.

Introduction

Lition is a layer 2 blockchain infrastructure on top of Ethereum that enables commercial usage of dApps. The Lition protocol complements the Ethereum mainchain by adding features such as privacy, scalability and deletability for GDPR compliance. Everybody can choose to build on Lition without the need for permission.
In addition to the above, they also have a P2P energy trading platform currently operating and is supplying green power to customers in over 1000 towns and cities across Germany. Through their power platform, Lition customers are able to save about 20% on their monthly energy bill, while producers generate up to 30% higher profits since they are cutting out the middle men.
However, the real moonshot here is not their already successful smart energy platform (which utilises the same token) it is the enterprise layer 2 solution described in the quote above.
Their layer 2 enterprise infrastructure which is still in development will offer infinite scalability through sidechains and nodes staking LIT tokens on these sidechains. Block times will be fast at around 3 seconds and fees will be tiny fractions of a cent. However, the real selling point for enterprises will be that the data on these sidechains can be deleted and can be public or private, with private chains being validated via Zero-Knowledge proofs to verify that the private data is correct. This is huge and makes Lition a solution for a wide range of enterprise use cases due to these optional features. But it doesn’t stop there. Lition is also GDPR compliant - a big deal for Europe based enterprises and for the record, very very few blockchain solutions are GDPR compliant (I believe VeChain is one of the few other projects which are).

Important Bullet Points

Tokenomics

Their token has two primary uses. First, it is a utility token and they plan on making the LIT token the preferred payment method for all of the services on the Lition protocol. Secondly, it is used as collateral for staking which I can see locking up a large proportion of the supply in the future.
Unfortunately the circulating supply is currently 50% of the max supply but that said, coins like LINK have just 35% of the total tokens currently circulating, so relative to other projects, this isn’t too bad and many of the tokens are still to be earned by staking.

Conclusion

With their existing energy platform seeing real adoption and steady growth in Germany, in my opinion, this alone would be enough to justify their current market cap. However, I can see their second layer solution for enterprise being a really big deal in the future as protocol coins tend to accrue more value than utility tokens. As a versatile L2 solution for Ethereum, LIT gets the best of both worlds - adoption and network effects from Ethereum by helping it to scale as well as accruing value from the wide range of enterprise use cases which can be built on top of Lition. At just $8 million dollars in market cap, it seems to me that their work-in-progress L2 enterprise solution has not been priced in. However, due to a lack of hype and marketing right now, I don’t see LIT exploding in the short term. Rather, I can see it slowly outperforming ETH and climbing up the CMC rankings throughout this bullrun, much like Chainlink did in the bear market. Their building and partnerships over marketing strategy also reminds me when I held Chainlink back in 2018 when Sergey was busy building out the project rather than blowing their ICO money on marketing a bunch of vaporware like so many other projects.
Personally, I can see LIT becoming a top 100 project (not top 10) as it isn’t the first of an important new type of project like Chainlink was/is but it is an L2 protocol with unique advantages and selling points over other existing L2 projects which scatter the top 20-200 range. This would put the market cap at just under $120 million dollars which is a 15x from here. This is of course a valuation which assumes that the total crypto market cap remains where it is right now at just under $400 billion dollars. However, if BTC makes it to 100K and Ethereum gets to $5K then that is another 10x from here which compounds on any LIT/BTC or LIT/ETH ratio gains. In this scenario, a top 100 project would be worth around $1 BILLION DOLLARS by market cap which is over 100x from here and probably even more if ETH hits 10K and Bitcoin dominance falls back down to the 30% range or below towards the end of the bullrun. Disclaimer, the above figures are a theoretical best case scenario and are far from financial advice. They are my moonshot estimates which assumes all goes well for the project and the wider crypto space.
Website: https://www.lition.io/
CoinGecko: https://www.coingecko.com/en/coins/lition
Medium: https://medium.com/lition-blog

TL;DR

TL;DR: LIT has current real world use which is consistently growing with their P2P energy trading platform and has huge potential with their new L2 protocol for enterprise due to its unique features. They have a close partnership with SAP and are also partnered with Microsoft. Currently around #400 on CMC, my target is for LIT to be top 100 by the end of the bullrun.
Edit: Sorry 4chan, I didn't mean to shill one of your FUDed coins. Lit is a shitcoin scam, ignore this post.
submitted by Tricky_Troll to CryptoMoonShots [link] [comments]

Crypto trading experiment - FOMO vs FEAR - Week 1 (start)

Ok, so here is a crypto trading experiment I have been working on – FOMO vs FEAR. I actually started it 4-5 days ago, but only now have enough Karma to post.
Have you ever seen a crypto like LINK doing a monster bull run and wondered whether it is insane to buy at that point, or perhaps you think you could trade by simply buying into coins that have been pummelled in price, knowing that at some stage the price might recover.
Well let’s put it to the test. Using blockfolio I’m going to be putting in to place an experiment over the next ten weeks or so.
These are the rules:
I have five portfolios running against each other – no real money, just blockfolio based. Each starts with $1000
  1. A control portfolio holding only bitcoin;
  2. A “FOMO” portfolio, holding the top five % performers over the last week in the top 100 cryptos on CMC (ignoring anything with volume below $1M);
  3. Another “FOMO” portfolio, as above, but looking at the top five in the top 200 and ignoring volume below $250k);
  4. A “FEAR” portfolio, holding the five bottom % performers over the last week in the top 100 cryptos on CMC (ignoring anything with volume below $1M);
  5. Another “FEAR” portfolio, the five bottom, but looking at the top 200 (and ignoring volume below $250k).
Each week, each portfolio sells, and buys into another five coins based on the metrics above.
I have previously carried this out using daily performance, and rebalancing daily, but that created distortions with things like new binance listing spikes and so on. I hope the weekly recording, combined with looking at the top / bottom 100 vs 200 will give us an idea of whether there is any useful strategy here.
My thesis is that the FOMO coins will initially surge and do better, but that the FEAR coins will be a better buy towards the end each week / trading period.
I put this into place towards the end of last week and results are already running. I’ll do a detailed breakdown next week but so far we have the following. Each started with $1,000 and I have included the current values (after 4.5 days of being that position).
  1. BTC = $992.60 ( -1%)
  2. FOMO top 100: AOA, ELR, KAVA, CHSB, LINK = $991.54 (-1%)
  3. FOMO top 200: AOA, NIM, ERD, ANKR, MOF = $1,093 (+9%)
  4. FEAR top 100: DOGE, AMPL, QNT, COMP HEDG = $1,166 (+17%)
  5. FEAR top 200: XNS, NULS, DOGE, QNT, AMPL = $1,168 (+17%)
I ran this experiment for three weeks previously and it gave very interesting results (similar to those above - the "fear" coins always won) but I had made some recording errors so wanted to adjust and come back.
Any predictions on how this will go? Do you see any problems with my recording and rules? Are there any other portfolios you would suggest in a similar experiment?
submitted by Cryptodragonnz to CryptoCurrency [link] [comments]

Crypto trading experiment - FEAR vs FOMO - Week 4

Crypto trading experiment - FEAR vs FOMO - Week 4

I previously posted my experiment below to experiment with a simulation trading of five portfolios, with a control portfolio of bitcoin, competing against two "FOMO" and two "FEAR" portfolios (tracking the top or bottom performers in the top 100 and 200 CMC rankings). Each week the portfolios sell and rebalance into five coins.
This is week 4 into the experiment - weeks, 1-3 posted below:
https://www.reddit.com/CryptoCurrency/comments/huslrk/crypto_trading_experiment_fomo_vs_fear_week_1/
https://www.reddit.com/CryptoCurrency/comments/hwoezd/crypto_trading_experiment_fomo_vs_fear_week_1/
https://www.reddit.com/CryptoCurrency/comments/i0ilyn/crypto_trading_experiment_fomo_vs_fear_week_3/
Results are out for week 3 - lets see how our last performers did. New portfolios below with their purchase prices for each crypto and current total value (see the links above to see the previous holdings). Please note these are prices logged around 20 hours ago, so there is some time lag (including with the older portfolios which I am still tracking live):
BTC 100%: $1,272 = +27% - BTC really is the king! Destroying all other alt returns right now.
FOMO 100 = Elrond, Flexacoin (0.0048), Eth (318.59), LTC (54.85), BCH (285.62) - TOTAL value $1,001 (up from $970.94 - a 3% gain in the week)
FOMO 200 = Travala (1.83) - +158%, Adex (0.2866), Solona (1.70), Elrond (0.02548), voyager (0.16818) TOTAL value $917.57 (down from $970.94 - a 5.4 fall)
FEAR 100 = Ampleforth, Aurora (0.01156), Band (3.84), iExec RLC (1.11), Compound (132.79) Total value $1200,29 (up from $990.16 - a massive 21.2% gain in a week)
FEAR 200 = Ampleforth (1.17), IRISnet (0.0474), RSR (0.009132), Haven (1.65), Velas (0.048962) Total value $1,023.41 (up 4.6% in the week).
Notable performers were Band (up around 90%, partly thanks to a coinbase listing), Aurora (+58%), Iris (+40%), Elrond (-21%), ETH (+27%) and Ampleforth (down from US $1.17 to $0,80c). And note that the "FEAR" portfolios still did relatively well despite holding AMPL.
So in order we now have the following total values:
BTC 100% = $1,272
FEAR 100 = $1200.29
FEAR 200 = $1023
FOMO 100 = $1001
FOMO 200 = $917.57
We can also look at the values had we simply held any of the previous weekly portfolios (which I'm still tracking):
FOMO 100 (week 1 = $1,184), (week 2 = $1053),
FOMO 200 (week 1 = $1,082), (week 2 = $1,157)
FEAR 100 (week 1 = $1007), (week 2 = $1,081)
FEAR 200 (week 1 = $929), (week 2 = $1,019)
So look at all possible portfolios - a 100% bitcoin portfolio beats everything! But the top portfolio is still the FEAR 10 portfolio at week 3 - very close at +20%. The worse possible performer is the current "FOMO 200" portfolio at $917 or around -8.5%. So interesting, this suggests that the rotation method of buying losers and reshuffling may be the best strategy, whereas always buying the winners is the worst! And that despite all that, so far, just holding BTC is the best!
So as might be expected, buying into "losers" on the weekly really pays off compared to buying "winners" but so far BTC is king. Will this be the case if alt coins regain their shine?
Rebalancing and rebuying into week 5 gives us four new portfolios to follow:
FOMO 100: Band, Ocean, Bancor, Energy Web Token, Hedge Trade;
FOMO 200: DOS, Akropolis, Bora, Band, Vidt
FEAR 100: Ampleforth, Nexo, Elrond, Elasto, True Web
Fear 200 - Digitex, Ampleforth, ABBC, Nexo, Elrond.
What is notable is that now the "FEAR" portfolios share quite a few choices but in particular, AMPL remains in the Fear portfolios for two weeks in a row - I'm not sure we have had that before.
Also - a few coins jump from FEAR to FOMO or vice visa - Band jumps from FEAR to FOMO, and ELROND jumps from FOMO to FEAR!
Stay tuned for next weeks results.
submitted by Cryptodragonnz to CryptoCurrency [link] [comments]

Crypto Trading Experiment : FOMO vs FEAR - Week 3

I previously posted my experiment below to experiment with a simulation trading of five portfolios, with a control portfolio of bitcoin, competing against two "FOMO" and two "FEAR" portfolios (tracking the top or bottom performers in the top 100 and 200 CMC rankings). Each week the portfolios sell and rebalance into five coins.
This is the third week into the experiment - weeks 1 and 2 posted below:
https://www.reddit.com/CryptoCurrency/comments/huslrk/crypto_trading_experiment_fomo_vs_fear_week_1/
https://www.reddit.com/CryptoCurrency/comments/hwoezd/crypto_trading_experiment_fomo_vs_fear_week_1/
Results are out for week 2 - notably this all took place during the HUGE bitcoin run, which has had a significant effect on ALL of the alts below. Also, the "FEAR" portfolios bought into Ampleford when it was "only" down to $1.15 (-44% on the weekly) - and at one point it was 65c today - so the very definition of catching a falling knife! Will they recover?
New portfolios below with their current value (see the links above to see the previous holdings)
100% BTC = $1,187 (15% from last week - +18.7% total) - now in front place!
FOMO Top 100 = Swipe, BAND, Terra, ABBC, DGTX - $970.94 (-5.5% on the week, -2.9% total)
FOMO Top 200 = SysCoin, Loki, Noia, Origin Trail, Swipe $940.10 (-10.6% on the week%, - 6% total)
FEAR Bottom 100 = Midas Touch, Bytom, Swiss Borg, Link, Ve-Chain $990.16 (-6.7% on the week, -1% total)
FEAR Boom 200 = Midas Touch, Bytom, Swiss Borg, Link, Super Zero. $977.30 (-8% on the week, -2.3% total).
As you will see, the "FEAR" portfolios are still outperforming the FOMO portfolios but they are losing ground. The best performer overall is the FEAR bottom 100, and even that is still below the initial investment.
Now for another observation - if we have not done ANY rebalancing and stuck with our original week 1 portfolio, we would have these results (with performance compared to the above)
FOMO top 100: AOA, ELR, KAVA, CHSB, LINK = $1,019 (+4.9%)
FOMO top 200: AOA, NIM, ERD, ANKR, MOF = $1,025 (+9%)
FEAR top 100: DOGE, AMPL, QNT, COMP HEDG = $887 (-5.6%)
FEAR top 200: XNS, NULS, DOGE, QNT, AMPL = $906 (-7.3%)
This is kind of interesting. Had you simply sat tight, the FOMO portfolios would have actually out performed the FEAR portfolios, and would still be in the positive in terms of USD. On the other hand, you would have been worse off just sitting in the bottom performing coins - so it is possible they only have a brief, temporary rally and then keep falling.
Selling and rebalancing into new portfolios gives us the following (with prices during the snapshot):
FOMO 100 = Elrond, Flexacoin (0.0048), Eth! (318.59), LTC (54.85), BCH (285.62)
FOMO 200 = Travala (1.83) - +158%, Adex (0.2866), Solona (1.70), Elrond (0.02548), voyager (0.16818)
FEAR 100 = Ampleforth, Aurora (0.01156), Band (3.84), iExec RLC (1.11), Compound (132.79)
FEAR 200 = Ampleforth (1.17), IRISnet (0.0474), RSR (0.009132), Haven (1.65), Velas (0.048962)
Aside from Ampleforth, what is interesting here is that the "FOMO 100" portfolio has three top ten coins, showing that the recent run has been very "high cap" coin intensive.
Tune in next week to see if these holdings recover!
submitted by Cryptodragonnz to CryptoCurrency [link] [comments]

Cryptocurrency Trading Experiment - FEAR vs FOMO - Week 4

Crypto trading experiment - FEAR vs FOMO - Week 4

I previously posted my experiment below to experiment with a simulation trading of five portfolios, with a control portfolio of bitcoin, competing against two "FOMO" and two "FEAR" portfolios (tracking the top or bottom performers in the top 100 and 200 CMC rankings). Each week the portfolios sell and rebalance into five coins.
This is week 4 into the experiment - weeks, 1-3 posted below:
https://www.reddit.com/CryptoCurrency/comments/huslrk/crypto_trading_experiment_fomo_vs_fear_week_1/
https://www.reddit.com/CryptoCurrency/comments/hwoezd/crypto_trading_experiment_fomo_vs_fear_week_1/
https://www.reddit.com/CryptoCurrency/comments/i0ilyn/crypto_trading_experiment_fomo_vs_fear_week_3/
Results are out for week 3 - lets see how our last performers did. New portfolios below with their purchase prices for each crypto and current total value (see the links above to see the previous holdings). Please note these are prices logged around 20 hours ago, so there is some time lag (including with the older portfolios which I am still tracking live):
BTC 100%: $1,272 = +27% - BTC really is the king! Destroying all other alt returns right now.
FOMO 100 = Elrond, Flexacoin (0.0048), Eth (318.59), LTC (54.85), BCH (285.62) - TOTAL value $1,001 (up from $970.94 - a 3% gain in the week)
FOMO 200 = Travala (1.83) - +158%, Adex (0.2866), Solona (1.70), Elrond (0.02548), voyager (0.16818) TOTAL value $917.57 (down from $970.94 - a 5.4 fall)
FEAR 100 = Ampleforth, Aurora (0.01156), Band (3.84), iExec RLC (1.11), Compound (132.79) Total value $1200,29 (up from $990.16 - a massive 21.2% gain in a week)
FEAR 200 = Ampleforth (1.17), IRISnet (0.0474), RSR (0.009132), Haven (1.65), Velas (0.048962) Total value $1,023.41 (up 4.6% in the week).
Notable performers were Band (up around 90%, partly thanks to a coinbase listing), Aurora (+58%), Iris (+40%), Elrond (-21%), ETH (+27%) and Ampleforth (down from US $1.17 to $0,80c). And note that the "FEAR" portfolios still did relatively well despite holding AMPL.
So in order we now have the following total values:
BTC 100% = $1,272
FEAR 100 = $1200.29
FEAR 200 = $1023
FOMO 100 = $1001
FOMO 200 = $917.57
We can also look at the values had we simply held any of the previous weekly portfolios (which I'm still tracking):
FOMO 100 (week 1 = $1,184), (week 2 = $1053),
FOMO 200 (week 1 = $1,082), (week 2 = $1,157)
FEAR 100 (week 1 = $1007), (week 2 = $1,081)
FEAR 200 (week 1 = $929), (week 2 = $1,019)
So look at all possible portfolios - a 100% bitcoin portfolio beats everything! But the top portfolio is still the FEAR 10 portfolio at week 3 - very close at +20%. The worse possible performer is the current "FOMO 200" portfolio at $917 or around -8.5%. So interesting, this suggests that the rotation method of buying losers and reshuffling may be the best strategy, whereas always buying the winners is the worst! And that despite all that, so far, just holding BTC is the best!
So as might be expected, buying into "losers" on the weekly really pays off compared to buying "winners" but so far BTC is king. Will this be the case if alt coins regain their shine?
Rebalancing and rebuying into week 5 gives us four new portfolios to follow:
FOMO 100: Band, Ocean, Bancor, Energy Web Token, Hedge Trade;
FOMO 200: DOS, Akropolis, Bora, Band, Vidt
FEAR 100: Ampleforth, Nexo, Elrond, Elasto, True Web
Fear 200 - Digitex, Ampleforth, ABBC, Nexo, Elrond.
What is notable is that now the "FEAR" portfolios share quite a few choices but in particular, AMPL remains in the Fear portfolios for two weeks in a row - I'm not sure we have had that before.
Also - a few coins jump from FEAR to FOMO or vice visa - Band jumps from FEAR to FOMO, and ELROND jumps from FOMO to FEAR!
Stay tuned for next weeks results.
submitted by Cryptodragonnz to CryptoCurrency [link] [comments]

Crypto Trading Experiment : FOMO vs FEAR - Week 1 results / Week 2 update

I previously posted my experiment below to experiment with a simulation trading of five portfolios, with a control portfolio of bitcoin, competing against two "FOMO" and two "FEAR" portfolios (tracking the top or bottom performers in the top 100 and 200 CMC rankings). Each week the portfolios sell and rebalance into five coins
https://www.reddit.com/CryptoCurrency/comments/huslrk/crypto_trading_experiment_fomo_vs_fear_week_1/
Results are out for week 1 - interestingly these were recorded an hour after the huge ETH run, so the returns were slightly milder than I had expected (as alt profits were sold down into ETH I assume).
Each portfolio started with $1000, divided equally between all investments:
100% BTC = $1,033 (+3%)
FOMO - Top 100 (AOA, ERD, KAVA, CHSB, LINK), $1016.84 (+1.6%)
FOMO - Top 200 (AOA, NIM, ERD, ANKR, MOF), $1055.72 (+5.5%)
FEAR - Bottom 100 (DOGE, AMPL, QNT, COMP, HEDG) $1,061 (+6.1%)
FEAR - Bottom 200 (XNS, NULS, DOGE, QNT, AMPL) $1,062 (+6.2%)
So as we can see above, you might have been better off in bitcoin than chasing top performers, whereas your returns would have been twice as much buying into the worst performers, regardless of whether they were picked from the top 100 or 200 rankings on CMC.
Selling and rebalancing into new portfolios gives us the following:
FOMO Top 100 = Swipe, BAND, Terra, ABBC, DGTX
FOMO Top 200 = SysCoin, Loki, Noia, Origin Trail (a new entrant to the top 200!), Swipe
FEAR Bottom 100 = Midas Touch, Bytom, Swiss Borg, Link, Ve-Chain
FEAR Boom 200 = Midas Touch, Bytom, Swiss Borg, Link, Super Zero.
Interestingly, Link AND Swiss Borg have jumped from the "FOMO" portfolio to the "FEAR" portfolio - so their fortunes have been completely reversed. Also ,the two FOMO portfolios are very different, while once again the FEAR portfolios are very similar.
Next update I'll also be comparing against the week 1 portfolio performance, to try and measure whether switching every week and rebalancing actually gives more successful results.
submitted by Cryptodragonnz to CryptoCurrency [link] [comments]

Why I think Ren is a game-changer for decentralized finance.

I'm Ken the author of The Weekly Coin newsletter, where every week I highlight high potential lower cap cryptocurrency projects one might have overlooked, the projects listed beyond the first page of CoinMarketCap. The Weekly Coin is merely a jumping-off point for you to do your own research.
If you're interested you can sign up for The Weekly Coin here. No ads, no spam, just the results of my research.
This week in The Weekly Coin we’re highlighting Ren. Ren currently lands on the 77th slot on CoinMarketCap. Yea, it's not hidden in the realms of the 2nd CMC pages and beyond. But, after researching this coin, I think it's a game-changer for DeFi and well, the cryptocurrency world as a whole. Also important to note is that I'm not invested in Ren, no one paid me to write this, and of course, I'm not a financial adviser. 😁
TL;DR
Ren allows the free movement of value between all blockchains and transfer of tokens in zero-knowledge. Unlocking new liquidity and resources to power a new wave of value in the open finance movement. With Ren all decentralized applications can run in secret, preserving the privacy of all users and data. (Renproject.io)

What is Ren?

Ren had humble beginnings as a project called Republic Protocol. Republic Protocol launched in 2017 and had their ICO on February 3, 2018. The platform focused on providing decentralized dark pools. A dark pool is a term used in traditional finance for anonymous over-the-counter (OTC) order books without moving the market (more on dark pools here). Republic Protocol's decentralized dark pools were specially designed to combat OTC trading which is known for their high fees and also to help increase institutional money flow into crypto. The technology behind these decentralized dark pools is called RenVM.
💡 Institutional investors want to get in the game but are staying on the sidelines until crypto has matured and risk is low.
RenVM turned out to be the perfect solution for interoperability between blockchains. This is because in a decentralized dark pool blockchains need to see each other. Republic Protocol then saw how massive this opportunity was and rebranded to Ren.
Ren is the evolution of the technology that underpins RepublicProtocol, in its most useful and general form. It becomes something much bigger than Republic Protocol and will empower developers to build decentralized and trustless applications, with a distinct focus on financial applications. Using our own newly developed secure multiparty computation protocol, all DeFi applications will have access to interoperable liquidity and run in complete secrecy. (Ren —The Evolution of a Protocol)
💡 To dumb it down a bit, Ren is the organization's name, REN is the ERC-20 based token, and RenVM is Ren’s core product.

Token use

To put simply, for now, the REN token is used as a work token. The token is used as a bond to run a Darknode. What is a Darknode?
RenVM is replicated over thousands of machines that work together to power it, contributing their network bandwidth, their computational power, and their storage capacity. These machines are known as Darknodes.
Darknodes communicate with other Darknodes around the world to keep RenVM running. Without them, there is no virtual machine upon which Ren can exist. RenVM uses Byzantine Fault Tolerant consensus algorithms and secure multiparty computations so that Darknodes can be operated by anyone without needing to trust them. This is what makes RenVM — and by extension, Ren itself — decentralized, trustless, and private. (Ren Documentation)
Ok so now we know what a Darknode is but what is REN Tokens used for?
The decentralized network of Darknodes is permissionless, but to prevent the forging of a large number of identities a good behavior a bond of 100,000 REN tokens is required in order to register and run a Darknode. This prevents malicious adversaries from running an unbounded number of Darknodes and overwhelming the network with misbehaving Darknodes. (Ren Documentation)
As stated, to run a Darknode you'll need 100,000 REN. You can liken this to Proof of Stake (PoS) systems in which you stake a certain currency to encourage honest behavior in block production. The benefits of running a Darknode is you will be paid transaction fees. Initially, the fees were paid in REN tokens but now Darknode operators can be paid other cryptocurrencies such as BTC, ETH, ZEC, and other ERC20 tokens.
The REN token is required to run a Darknode but the tokens are not required to use RenVM. Let’s say someone wants to acquire BAT with their BTC using a RenVM enabled DEX; where would they get the REN to preform the transaction? A centralized exchange? That defeats the purpose. A decentralized exchange? They'd need ETH or an ERC-20 token. Idk if you've used Uniswap before but you don't need an Uniswap token to swap, send, or pool. Using the RenVM is similar, you don't need to use the REN token.

Why I think Ren is a game-changer

With around 900 million dollars locked up in DeFi it's no secret that DeFi is booming right now. Go to DeFi Pulse and take a look at which chains all the DeFi applications are being built on, go on. What you'll see is every application is built on Ethereum.
Ethereum has a smart contract platform for business logic, whereas Bitcoin doesn't. You can loan and mint something like DAI without trusting an intermediary, all of this is done on Ethereum. But what if you wanted to use Bitcoin on a DEX to get DAI? Another problem is Ethereum doesn't know Bitcoin exists and vice versa. Ren fixes this. You can trade Bitcoin on a DEX like Uniswap against Ethereum or mint Dai with Bitcoin. Check out this Github repo outlining how to enable BTC and ZEC in Uniswap. As a developer of a decentralized exchange myself, I think this is huge. 🔥
Well you might be saying "We have wrapped Bitcoin", well wBTC isn't actually Bitcoin, it's more like an IOU token or a proxy. An imposter!
Well, you might be saying "We have Atomic Swaps", well Atomic Swaps are slow and a bit annoying and complex. The two parties looking to transact have to send the transaction, wait for confirmation, then send a transaction and then finally wait for a confirmation. What if the internet goes down for a person in the party? What happens if the market gets flooded?
With the RenVM it's only one transaction, it's quick, easy, and you send actual Bitcoin. There is also no need for specialized software. The RenVM takes care of it all. Check out these examples of RenVM in action.
https://youtu.be/7nqTpNt4BD0
https://youtu.be/FfQ5gBbhzlc
Also, check out Ren's Chaos Dex where you can swap SAI (DAI) for BTC or ZEC. For more information on Chaos Dex go here. Idk about you but this stuff blows my mind.
Ren is in talks with dApps in the DeFi space making sure RenVM is aligned with their platforms. There also is documentation and integrations for you to build on RenVM. Ren also has been making great strides recently in inter-blockchain liquidity by recently announcing The Ren Alliance.
The Ren Alliance is a consortium of DeFi companies and/or projects that are helping secure, develop, and utilize RenVM. (Introducing the Ren Alliance)
Also, Important to note is Ren has top tier investors in the likes of FGB Capital, Polychain Capital, and Kenetic Capital. But its headlining investor is crypto giant Huobi, which this past July launched its Huobi Cloud platform for OTC desks. Work is being done and a lot of progress is being made.

Why do we even need Interoperability?

I'm gonna yank the text straight from an article by Capgemini which explains the benefits of interoperability quite nicely.
The blockchain-based networks are being built to offer specific capabilities such as making payments, storing and trading assets and others. However, these capabilities are being offered in isolation where these networks don’t talk to each other and cannot share data. Existing centralized systems have evolved to offer the same capabilities in a more integrated way where these systems are able to run end to end transactions seamlessly making it easier for users.
If blockchain-based networks have to make a strong case for their adoption, they have to be able to work with each other and offer this seamless integration of capabilities to their users.
Strong interoperability would give users a much more useful, user-friendly experience. With this interoperability, users will be able to experience the seamless integration of capabilities being offered by the blockchain-based networks. If we have to hypothesize an example, it would look something like this – User will be able to tokenize the asset (e.g. artwork) over Ethereum based DApp, will be able to transfer the tokenized asset to another address over Cardano, and pay any corresponding transaction fees over the bitcoin network. (Capgemini)
The cryptocurrency space is pretty fragmented at times. There also is a bunch of tribalism. It can be a bit annoying. One coin makes massive efforts over here and another coin is making massive efforts over there. What if we could combine the efforts into one big force of nature? I think we can take over the world. Which, would be, huge.
Idk about y’all but I’m gonna be following the Ren team to see what they come up with. The impact this coin can have could be massive. I think Ren is definitely a coin you should look at.
submitted by Raleigh_CA to CryptoCurrency [link] [comments]

All time high volume on coinmarketcap for Bitcoin yesterday at $44,496,255,609 or 4813528 BTC

So many people bought Bitcoin and went long Bitcoin this weekend, the trading volumes are more than double the 2017 bull run maximum of ~21 mil. So many possible reasons for mass spike:
-mainstream wallstreet acceptance
-china embracing blockchain technology
-BAKKT futures growing fast
-Halvening in less than 7 months
is this volume "fake coinmarketcap volume", or does it indicate that more money is buying/trading bitcoin than ever?
submitted by FunOptimizer42 to Bitcoin [link] [comments]

50k marketcap coin

Only reaching 100k market cap would mean doubling your inversion, and reaching a modest 1M market cap would moonshot your inversion x20. It's listed in Mercatox, DDEX and more markets.
BSOV community efforts are now fully dedicated into marketing with paid ads and listing into CMC, they are already prelisted, it only needs 1k daily volume for being shown on Coinmarketcap, even if you don't believe in the project, it worth the shoot
BSOV it's a hybrid between BOMB and 0xBTC, both moonshots. The opportunity it's right now, the price is low and the marketing efforts starts tomorrow
Their telegram channel have 700 users and 1000 unique holders, which is huge for a 50k market cap coin. They are currently also making very interesting videos
Let's remember it's a minable token, with a couple of clicks and a GPU you would be making about 1$ daily at current price, and if it even reach 40M marketcap, (which is the marketcap of Creditcoin, a well beloved coin here /s) you would had mined at 800$ daily
Links:
Main webpage: bsov.io
Telegram channel: https://t.me/BitcoinSoVCommunity
submitted by Kike328 to CryptoMoonShots [link] [comments]

Universal Protocol Token (UPT), native token of Universal Protocol Alliance formed by Bittrex, Brave, Uphold, Cred, BitGo and more

Hi all, I'm a long time reader, first time poster. Thought you guys maybe interested in learning about Universal Protocol Token (UPT).
Who's Universal Protocol Alliance? (quoted from their website)
We are an alliance of like-minded cryptocurrency companies and blockchain pioneers. Our mission is to bring 100 Million new users into cryptocurrency.
Our technology, the Universal Protocol Platform, is a transformational development for the entire blockchain industry, allowing new types of digital assets to be created and all cryptocurrencies to be convertible on a single network.
Brief Introduction
UPT is used to redeem digital assets locked in full reserve on the Universal Protocol, and conversion (wrapping) fees will be paid in UPT. Token holders also have governance right, discounted trading fees and interest rate for loans in the ecosystem. Utilities summarized in this pic.
UPUSD and UPEUR are already listed on Bittrex and Uphold, and UPBTC is available on Uphold. The reserve situation is fully transparent.
My analysis of UPT:
Pros
-Backed by prominent industry players
-A lot of similarities with Project Libra and BNB
-Universal Protocol Alliance bridge nicely between legacy system and crypto (e.g. optional key recovery, inheritability, custody service)
-Currently trading at 40% off from ICO price (US$0.01= 1 UPT)
-Hugely under the radar (not even on CMC)
Cons
-Low liquidity (at the moment)
-Low circulating supply (at the moment)
-Only 20% of the token were offered for Token sale and 40% allocated for public purchase
Website: https://universalprotocol.io/
Market: Bittrex, Bitcoin.com
submitted by Artemiscult to CryptoMoonShots [link] [comments]

Changpeng Zhao Reveals Wash Trading Secrets Amid CoinMarketCap’s Intense Controversy

Changpeng Zhao Reveals Wash Trading Secrets Amid CoinMarketCap’s Intense Controversy

The CEO Of The Biggest Crypto Exchange To Date, Binance, Admitted That Most Crypto Exchanges Mark 1 BTC Trading Volume As 2 BTC Exchanged
One of the biggest crypto data aggregators, CoinMarketCap (CMC), received a wave of controversy about the truthfulness of reported data amid the recent acquisition by Binance. The recent changes in CoinMarketCap’s exchange performance algorithms caused several of the biggest exchanges to fall down in the exchange list.
However, the importance of CoinMarketCap`s algorithm may lead to essential changes in the sector. Positions shuffling of the exchanges has recently positioned Binance as a sole leader, which sparked a wave of criticism about whether the data is real or not.
Changpeng “CZ” Zhao responded to the accusations by revealing a shocking secret – most crypto exchanges report a single Bitcoin trade as two trades – one buy and one sell trade. Thus, the volumes of most crypto exchanges are inflated by 100%.
Zhao noted that “Binance reports trades in the traditional way”.
“Also, we chose to “hide” our trading volumes to prevent Binance to be seen as much bigger than it is. As per the trade washing accusations – do we do wash trading? No”, Zhao added.
However, even with Binance reporting effectively half of the trading volumes it sees, the exchange still records the highest trading volumes in the market, while Binance’s Futures platform is establishing itself as a leading derivatives trading platform.
The controversy happened as CoinMarketCap applied a new metrics algorithm, which resulted in one of Binance’s most prominent rivals like BitMEX, to fall down as low as #175 in CoinMarketCap’s list. BitMEX currently holds the leadership in crypto derivatives trading. However, CoinMarketCap’s new algorithm reports zero liquidity for the exchange, thus – bringing it beyond the middle of the chart.
Source: CoinMarketCap
The case with BitMEX also applies for crypto exchanges Deribit and Bybit, as they both mark zero liquidity on CMC’s ranking.
Meanwhile, the team at CMC responded to the accusations, stating that crypto derivatives platforms do not fall under the radar of the new metrics. Crypto enthusiasts and traders immediately questioned CMC’s integrity and data honesty. The team at CMC clarified that the new metrics apply only to crypto spot trading and exchanging. For crypto derivatives, CMC considers opening a brand new tab in CoinMarketCap’s ranking.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

PSA: Predatory brokerage check

Wait for a high volume day or a day with a major price movement.
  1. Go online and look at several of the larger exchanges, observe the market price. You can go to CMC and see which exchanges do the most volume.
  2. Open your app to your brokerage account (if they are only offering to buy or sell you bitcoin at prices they specify, they are likely a brokerage, not an exchange). See what price they offer to sell you bitcoin at.
  3. Compare the options, including all fees and price considerations.
If a brokerage is charging substantially more than what is available on the open market (as I have seen in my experience), one could say that they are preying on newbs who fomo on big price swing days.
*I'm saying this kind of in jest, relating to yesterday's post about "predatory exchanges". There is room for many players, but to say that an exchange that charges a trading fee uses a broken business model is kind of laughable considering the transaction volume levels between an organization like kraken (~64 billions USD worth) vs shakepay (~150 million CAD worth).
submitted by Canwerevolt to BitcoinCA [link] [comments]

CMC Markets: Live Trading Webinar 19.04.2018 BitCoin breaking down - the reasons behind the move CMC Markets 9th January 2017 CMC Trading erklärt - Handelsstrategien How To Trade Bitcoin Cryptocurrency for Beginners - YouTube CMC BörsenBuffet: BitCoin bricht aus - Lufthansa ein

High-quality currencies are listed on Dex-Trade to offer traders comprehensive range of digital assets. By your side 24 hours a day, our support team will assist you with any issue or question you may have. Volume 24h: $11 705 055. dex-trade.com; Dex-Trade coins; Dex-Trade markets View live CMC CRYPTO 200 INDEX BY SOLACTIVE chart to track latest price changes. NASDAQ:CMC200 trade ideas, forecasts and market news are at your disposal as well. CMC reviews are quick to point out a number of significant benefits: Access to over 9500+ CFD instruments allows for speculating on everything from forex to bitcoin and gold. CMC promises truly global trading, attracting customers from Dubai to Germany. CMC is regulated in a number of major financial centres and listed publicly in the UK. With CMC Markets, you trade bitcoin via a spread bet or CFD account. This allows you to speculate on bitcoin price movements without owning the actual cryptocurrency. You aren’t taking ownership of bitcoin. Instead, you’re opening a position which will increase or decrease in value depending on bitcoin’s price movement against the dollar. What is bitcoin? This comes not long after the Chinese ministry of commerce confirmed it held constructive trade talks with the US earlier in the week. Lately, the two largest economies in the world have been exchanging barbs, so the markets have welcomed the more upbeat news. Disclaimer: CMC Markets is an execution-only service

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CMC Markets: Live Trading Webinar 19.04.2018

Bitcoin Trading - Reading Charts, Candles and Walls Don't forget to follow me on Twitter @Bonavest. If you feel this video helped you in any way or if something we talked about helped you make ... Zu Beginn einer Investition ist es sinnvoll, alle Aspekte eines Trades, den Sie platzieren, festzuhalten. Wenn Sie später Ihre tatsächlichen Trades mit dem T... Get the latest daily analysis on products such as US30, UK100, Japan225, USD/JPY, EUR/USD, GBP/USD, Crude oil and Gold via our CMC TV playlist. CMC Markets is a global leader in online trading ... Für jeden Geschmack etwas dabei: Fragen rund um das Thema Trading & Chartanalyse beantwortet Ihnen unser Chefmarktanalyst Jochen Stanzl in diesem interaktiven Format persönlich. Profitieren Sie ... Bitcoin, Ethereum & poss CMC - Market Cap risk The Market Sniper. ... Bitcoin Trading Challenge 75,464 views. ... Best FX Trading Strategies ...

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