CryptoCATS Chat (Public)

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Recent BITCOIN prices over 5-days - Almost Live

(( Historical charts )) : 8yr : 2yr :

NYSE Bitcoin Index / NYXBT ... 3yr : 1yr : 6mo :

2-yrs w/Weekly Bitstamp price data : 2yr-w.D : 2yr : 1yr : 6mo : 5moL :

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NYXBT / NYSE Bitcoin Index

... update : 3mos :

BTS ... 6mo : 3mo : 1mo : 1moS : 10dS : 5dS : 5dB : 2dB :

1mo : 1moS : 10dS : 5dS : 5dB : 2dB :

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Failed on the trendline ... so far

BTS ... update

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Bitstamp -12month chart ... update .. 12 mo w/ Cycles - bottomed early Feb. & early Apr?

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Goldcorp Deposits the First Gold on Tradewind Blockchain

• Blockchain

VANCOUVER, March 29, 2018 /CNW/ - Goldcorp Inc. (TSX: G, NYSE: GG) ("Goldcorp") and Tradewind Markets, Inc. ("Tradewind"™), a financial technology company revolutionizing the way gold trades, announced that Goldcorp deposited the first gold onto Tradewind's blockchain, known as VaultChain™, as the "genesis block".  A genesis block is the first block in a blockchain and represents a tremendous milestone for blockchain technology.

Goldcorp's 3,000 ounce gold deposit, valued at US$4 million, originated from the storied Red Lake Gold Mines complex and is the first example of blockchain technology being used to record and manage physical precious metals in an institutional setting. Goldcorp will be able to sell gold directly to dealers and banks using the Tradewind platform, expanding access to a new market structure and a highly efficient, electronic pricing and liquidity venue.

"We are excited to be an investor in Tradewind and participate in the launch of VaultChain, a cutting-edge technology that integrates physical gold into a blockchain," said David Garofalo, President and CEO at Goldcorp. "We believe physical gold stored on a blockchain will increase the utility of the commodity and, ultimately, drive value in the price of gold.  We are thrilled to be an early adopter of this 21^st century platform and deposit its first bar of gold."

"We are pleased that the genesis block of VaultChain was created with Goldcorp. It is a demonstration of their leadership and vision as an innovator in the gold market and we thank them for their support in launching the Tradewind platform," said Matt Trudeau, President and co-founder of Tradewind. "We believe that our technology will enable gold producers like Goldcorp to overcome existing limitations and move into the electronic age."

Tradewind and Goldcorp will collaborate to continue building the platform and add value for producers, dealers, refineries and investors. Tradewind was a #DisruptMining finalist in 2017, the mining innovation accelerator designed to encourage new technologies and ideas to solve some of the biggest challenges in mining.

Mr. Garofalo added, "We believe Tradewind has the potential to change the gold investment industry like the introduction of ETFs did over 10 years ago."

About Goldcorp www.goldcorp.com 
Goldcorp is a senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines.

About Tradewind
Tradewind has built a technology platform for digitizing the trading, settlement, and ownership of precious metals. The Tradewind solution combines world-class exchange technology with a blockchain application tailored for precious metals. Tradewind was incorporated in 2016 and is managed by a team of professionals with extensive experience in electronic trading, gold investment management, market operations and blockchain technology. For more information please visit https://tradewindmarkets.com.

 

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Buffett, Gates are latest Bitcoin critics, halting $10,000 Push

Surprise! Bitcoin is getting no love from two of the world’s wealthiest men.

“I would short if there was an easy way to do it,” Bill Gates said Monday in an interview on CNBC. Gates said he had previously received some Bitcoin as a birthday present, but sold those a few years later. “As an asset class, you’re not producing anything.”

Fellow billionaire and Gates pal Warren Buffett said the largest cryptocurrency is "probably rat poison squared" at Berkshire Hathaway Inc.’s annual shareholder meeting on Saturday.

The comments may be weighing on Bitcoin’s price as the digital asset slumps 4.2 percent at 9:30 a.m. New York time to $9,273, its first decline in four business days. Bitcoin climbed as much as 50 percent since slumping near $6,500 four weeks ago, but the rally has lost steam before crossing $10,000.

Speculation that U.S. regulators are meeting today to discuss whether Ethereum, the second-largest cryptocurrency, is a security, may also be limiting demand for cryptocurrencies. Ether is down almost 6 percent, and other large digital coins, like Litecoin and Ripple’s XRP, are slumping too.

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Record April for hedge funds

Despite the recent pullback, it has been a fruitful period for owners of cryptocurrencies. According to Eurekahedge, a research and data providing firm specializing in hedge funds, the Eurekahedge Crypto-Currency Hedge Fund Index gained 83.86% in April, its first positive month of the year.

> https://www.marketwatch.com/story/cryptocurrency-hedge-funds-rebound-in-april-gaining-more-than-80-2018-05-09?siteid=bigcharts&dist=bigcharts

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PURE MAGIC, it will seem, if it works

Big Movers Meet-Cryptos Should Rise

 

"$150,000 to get a little booth at this conference"

"$1999 just to get in"

Remote Viewing: ??? to $250 By Sept?  (more than 10X gain)

=> New thread: Remote Viewing A Crypto with 10-Bagger potential

 

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BITMEX platform Update

BTC all data: 8yr: 3yr: 12mo: 6mo 1mo :  10d 5d / SLV-lv

02/28: 0.6100 x10950-(- 50) =6680: -100:10950Mar(-800):6680/( -750 :11.2%):+0100:11048 +025,-.007: 11.6
03/31: 0.6817 x$7091- +200 =4834 -050:$7041Jun(+403):4800/(+603+12.6%):
04/29: 0.6942 x$9407- +100 =6530 +010:$9417Jun(+203):6537/(+303+4.64%):+0000:$9,477 +070,-.000: 9.65
05/05: 0.6937 x$9846(+000) =6830 +238:10,084Jun(+003):6995/(+003+0.04%):+0000:10,131+285,-.000: 10.1H
05/10: 0.6937 x$9365(+000) =6497 +268:$9,533Jun(+003):6613/(+003+0.05%):+0000:$9,633+568,-.000: 9.90

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-Bonus: 0.225 x12750=$3337; x$9,533= $2145: 4468: H:4726 / ($258) /.6937= $372 = 9.90 New High !

Bitcoin--- : $9,330 ---- @9330
Cardano-- : .00003628 : $ 0.33
Bitc. cash- : 0.1889 -- : $1,761.
Ethereum-: 0.08434 -  : $  787.
Litecoin-- : 0.01807 -- :  $  169.
Ripple----- : 0.0000913 : $ 0.85

 

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Clif High Prediction (May-2018) Bitcoin Price Could Hit $700,000, Investor Predicts

 

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Have You Given Up On Bitcoin? This Firm Says It Could Test 64K ... Kitco NewsMay 10

(Kitco News) -With bitcoin stuck below $10,000 this year after losing half of its value in just a few months, one research firm still sees massive upside potential for the popular digital currency.

The estimate for next year is an impressive trading range between $20,000-$64,000 per bitcoin, with the year-end BTC price at $36,000, investment research firm Fundstrat Global Advisors said in a report published on Thursday.

Bitcoin, which was last trading at $9,027, would have to rise sevenfold to see the higher end of that price range. 

Fundstrat bases its analysis on how quickly bitcoin mining activities grow, including something called “hash power,” which refers for the speed at which computers solve mathematical problems to mine bitcoin.

“We believe the current path of hash power growth supports a BTC price of about $36,000 by 2019 year end, with a $20,000-$64,000 range,” said Fundstrat’s head of data science research Sam Doctor.

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"Growth in Hash power" - haha!  Sounds like nonsense to me!

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2mos :

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BITCOIN / BTS ... 5mo :

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CRAZY ! Crypto currency stunt on Everest linked to Sherpa guide's death
A promotional stunt by an Irish tech company to bury $100,000 worth of a new cryptocurrency at Everest's summit has been linked to the death of a Sherpa guide, the company said on Saturday.
> http://postnewsd2.blogspot.com/2018/05/crypto-currency-stunt-on-everest-linked.html

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My Conversation with Bitcoin Visionary Marco Streng

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Frank Holmes 0 Comments|May 14, 2018

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image: http://www.stockhouse.com/getattachment/55deabf0-80f6-4c68-b7c3-bfdc32e0d093/F1.jpg

Last week I had the opportunity to sit down with Marco Streng, the wunderkind bitcoin visionary behind Genesis Mining. Genesis, as many of you reading this might know, is the world’s largest cloud bitcoin mining company, with over 2 million customers worldwide. It calls Iceland home, whose cool climate and affordable green energy are ideal for mining newly minted virgin cryptocurrencies. Last year, Genesis helped connect the blockchain sector and traditional capital markets by partnering with HIVE Blockchain Technologies, the first publicly traded digital currency mining firm.

This week, Marco will be one of the panelists at the Consensus 2018 blockchain technology summit in New York, which I will also be attending. Below are highlights from our conversation.

Tell us how you got started in this industry.

I’ve always had a passion for mathematics, science, physics. I wanted to understand how nature works. I used to spend days and nights in the library, and I was actually on my way to becoming a math professor.

But then blockchain and bitcoin came along, and that changed everything. At the time, the community was very small, but the ideas and visions were very big. No one fully realized then how fast it would all grow or just how revolutionary it could end up being. I watched as new marketplaces began to emerge, businesses began to bet on bitcoin and people started adopting it. More and more exchanges popped up. All of this happened within a year of me first reading about blockchain and bitcoin—it progressed that quickly.

It was clear that something big was happening. The world was changing, and I needed to be part of it.

How would you describe bitcoin to someone who knew nothing about it?

With bitcoin, you can send money anywhere in the world to anywhere else without worrying about boundaries or having the transaction controlled or stopped by a third party. It’s a completely independent, decentralized, peer-to-peer system. This is what makes it so revolutionary.

The conventional banking system really shows its limitations when we try to move money between developed and underdeveloped countries, particularly those in Africa. There are some serious inefficiencies that, frankly, many of the big banks just aren’t interested in fixing. But with bitcoin, you don’t have to worry about that. You can send money to, say, a coffee farmer in Africa, and he’ll receive it directly.

Money transfers are only one among a number of many other uses. Bitcoin is also a store of value. It’s one of the few assets that I would say are uncorrelated to the broader financial markets.

As for blockchain, it has innumerable world-changing applications across a wide range of industries. That’s why I believe it’s crucial that people have the right information about blockchain and understand it. If people don’t understand it, and it gets overhyped, I’m afraid it could start going in the wrong direction.

We recently mined the 17 millionth bitcoin, leaving only four million left. Explain why it becomes exponentially more difficult to mine coins the closer we get to that 21 million-coin ceiling.

It’s not that the mining itself becomes more difficult. To answer this, I think we have to look at two components.

One component is the daily supply of bitcoin. At the moment, only 1,800 bitcoins can be generated every day by the whole network, meaning all the miners worldwide. But it’s important to remember that after every 210,000 blocks that are mined, the rewards are halved. What this means is that after the next halving, which I believe is expected sometime in 2020, the number of bitcoins mined a day will fall from 1,800 to 900. And then after the next halving, it’ll be 450. This helps reduce the supply in a natural way.
 

image: http://www.stockhouse.com/getattachment/b4d09912-3e3c-47ae-8866-3418ab65c01b/F2.jpg

The second component is a measure of how many miners and how much computing power is in the network. If more miners come online, then of course the competition becomes greater. Because the daily supply is already fixed, your market share shrinks.
 

image: http://www.stockhouse.com/getattachment/4c7f3b3e-c466-4386-8aa1-a587f14ffadf/F3.jpg

Think of it like the California Gold Rush. Mining gold at first was relatively easy because the metal was plentiful and there were few miners. By the end, it became more difficult because the easy gold had already been claimed, and you were competing with far more miners. We’re seeing the same thing happen with bitcoin and other mineable digital currencies.

Speaking of computing power, HIVE Blockchain just announced that it expanded to 24.2 megawatts (MW), up from 2.4 MW in August. What’s next in the pipeline for HIVE?

Yes, the last expansion was a massive build-out in Sweden. It was done in three phases. I think this was a remarkable achievement for HIVE, that it could add so much computing power so quickly.

This is only the beginning. The year is still long and you can expect to see some bigger expansions on the way. In September, for example, we’re going to ramp up another bitcoin mining facility worth 20 MW, which is very exciting. And from there it goes even further.

Read more at http://www.stockhouse.com/opinion/independent-reports/2018/05/14/my-conversation-with-bitcoin-visionary-marco-streng#tKcmAGRT3AgyAJQo.99

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Bitcoin Could Drop Another -34%

By: alexmark

Glancing over the chartbook this evening, we are taking a look at Bitcoin BTC/USD (weekly) rejecting a 50sma and nearing a low volume node probe. As long as the 50sma 7,894 level is rejected, there is a downside imbalance risk to the 100sma at 4,498. As we have mentioned before, we have zero USD in our bitcoin wallet and have not owned cryptos since 1Q. In the liquidation gap, we might be buyers of Bitcoin or some form of alt coin.

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Scam Again? Research Finds Bitcoin's Value May Have Been Artificially Inflated

 

Rumors of a close Tether/Bitcoin relationship first flagged months ago in the nascent cryptocurrency market seem to have now been justified. Last year’s tremendous spike in bitcoin’s value might have been purposefully engineered, suggests a newly released paper by academics from the University of Texas.

Read more: WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn! http://www.whatreallyhappened.com/node?page=1#ixzz5IpG7QfvM

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How ETFs could soon become 'Blockchain-traded funds'

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6 Million Bitcoins Are Lost or Stolen, Could Scarcity Problems Eventually Push Price Higher?

By: alexmark

At the Building on Bitcoin (Twitter hashtag #BuildingOnBitcoin) conference last week in Lisboa, Portugal, Jameson Lopp, a former engineer at BitGo and engineer at CasaHODL, revealed on stage that 4 million Bitcoins are lost and about 2 million Bitcoins have been stolen.

 

With 4 million Bitcoins inaccessible and or permanently lost, there could be upwards of 23.5 percent of the coin’s 17,138,938 (as of July 07) supply out of circulation. That means only 13 million Bitcoins could be in circulation today.

Wojtek Palczynski, an IT security consultant who attended the conference, tweeted, “If true the scarcity of Bitcoin is much greater with the total potential supply being only 17,000,0000.”

Read more: WHAT REALLY HAPPENED | The History The US Government HOPES You Never Learn! http://www.whatreallyhappened.com/#ixzz5KtlRQBU9

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NYXBT : 3yr : 3yr-377d :1yr :

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Big Losses to Crypto Markets in Wake of Another Coin Exchange Hack

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BTC all data: 8yr: 3yr: 12mo: 6mo 1mo 10d:  10d 5d / SLV-lv

NYXBT : 3yr : 3yr-377d : 1yr : 6mo :

02/28: 0.6100 x10950-(- 50) =6680: -100:10950Mar(-800):6680/( -750 :11.2%):+0100:11048 +025,-.007: 11.6
03/31: 0.6817 x$7091- +200 =4834 -050:$7041Jun(+403):4800/(+603+12.6%):
04/29: 0.6942 x$9407- +100 =6530 +010:$9417Jun(+203):6537/(+303+4.64%):+0000:$9,477 +070,-.000: 9.65
05/05: 0.6937 x$9846(+000) =6830 +238:10,084Jun(+003):6995/(+003+0.04%):+0000:10,131+285,-.000: 10.1H
05/10: 0.6937 x$9365(+000) =6497 +268:$9,533Jun(+003):6613/(+003+0.05%):+0000:$9,633+568,-.000: 9.90
07/22: 0.6932 x$7700(+000) =5337 +050:$7,750Sep(+000):5372/(+000+0.00%):+0000:$7,750+050,-.000: 9.38
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-Bonus: 0.225 x12750=$3337; x$7,750= $1744: 3628: H:4762 /$1,134/.6937= 1635 = 9.38 to New High

CRYPTO---- : BTC &us$ - 07/22- : 05/10- :
Bitcoin-- : US-Dollars  @7,737 : @9,330 :
Cardano-- : .00002372 : $ 0.18 : $ 0.33 :
Bitc. cash : 0.10860---- : $0,840.: $1,761 :
Ethereum-: 0.06096---- : $  472.: $0,787 :
Litecoin--- : 0.01113---- : $  086.: $0,169 :
Ripple------ : 0.0000601 : $ 0.46.: $ 0.85 :
TRON------- : 0.0000047 : $ 0.03.:
EOS Token- : 0.001092 : $ 8.45.:

crypto mining companies

ATLEF vs Hive ... from 1.1.2018 :HIVE 7/20/2018 (vs.6/5): C$0.81 (1.12): RIOT: $5.90 (7.80), ATLEF: $0.12 (0.225)

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Cryptocurrency tycoon: 'I will be world's first (f**king) trillionaire'...

AMBITIOUS: Chris Kelsey believes he will become the world's first trillionaire

Chris Kelsey sold his app development company Appsitude in a deal which reportedly made him a millionaire at the age of 19.

He then co-founded a now defunct start-up called Cazza that sought to develop 3D printing technologies to construct buildings.

The 21-year-old and his co-founder were featured in Forbes Asia 30 under 30 list last year before a falling out.

Mr Kelsey is also the founder of an obscure cryptocurrency called Kelsey Coin which doesn’t actually act like a currency but is a designed to be a kind of digital bank that lets people easily trade the digital tokens.

The successful businessman has now published an article titled “How to Become a F**king Millionaire”.

And it’s been met with mixed reviews.

“I became a f**king millionaire at 19. I finessed my way there and I didn’t give the time of day to anyone who wanted to stop me,” he wrote. 

“Now I’m on my way to becoming the youngest self-made billionaire in the world at 21.”

“I will become the world’s first trillionaire. 

> https://www.dailystar.co.uk/news/world-news/718647/cryptocurrency-trillionaire-list-jeff-bezos-mark-zuckerberg-elon-musk-chris-kelsey

He's be a f--king Rich guy. But only if he is rich, otherwise just a...

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> NEW Thread in MP section :

Bitchikka : & other Women educating re: Blockchain

Not only Educating, but building their own block chain businesses too, thru everything from Coding, to Marketing, to finding new applications, Filipinas (and a handful of foreign women) have joined the wave of blockchain pioneers in the Philippines.

I will highlight some of the women in Blockchain here, ...and may get some help from some of the female journalists & marketeers, whose articles I may feature here, with relevant excerpts.

Bit-Chikka is not a misspelling.  The two founders are enthusiastic supporters of Blockchain, and want to help educate Filipinos (& Filipinas) about the latest developments.  They have their own site

> LINK: https://bitchikka.com/

They are publishing regular articles with block chain related news

A SELECTION of BitChikka articles

+ Beginners guide to Stellar

+ Finding NEM—everything you need in understanding NEM

+ Litecoin vs. bitcoin

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These Crypto Tycoons Are About to Learn How Rich They Really Are

• Blake Schmidt

27 Aug 2018, 5:00 AM27 Aug 2018, 3:12 PM

 

(Bloomberg) -- Some of the world’s biggest cryptocurrency tycoons are about to find out how much they’re really worth.

The secretive bosses of Bitmain Technologies Ltd., Canaan Inc. and Ebang International Holdings Inc. -- three of the largest makers of cryptocurrency mining gear -- are all facing the prospect of public-market scrutiny for the first time as they pursue stock listings in Hong Kong. Bitfury, another industry heavyweight, is open to the idea of an initial public offering, though it doesn’t yet have any concrete plans.

If they proceed, the share sales will represent a major test of whether the fortunes amassed by the likes of Bitmain’s Jihan Wu, Canaan’s Zhang Nangeng and Ebang’s Hu Dong are sustainable, or destined to fizzle. While all three companies enjoyed breakneck growth as Bitcoin soared 15-fold last year, the cryptocurrency and most of its peers have lost more than half their value in 2018 amid mounting regulatory scrutiny and concerns over exchange security flaws and market manipulation.

The risk is that a lengthy bear market will erode demand for the companies’ specialized computer chips, which miners use to verify virtual currency transactions in a race for crypto-denominated rewards. Bitmain, Canaan and Ebang are trying to adapt their technology for use in other fields such as artificial intelligence, but they’ve yet to prove that the new applications are scalable. Publicly traded shares would offer a real-time gauge of how investors view their prospects.

“These IPOs will be a litmus test,” said Rohit Kulkarni, a managing director for private investment research at SharesPost.

Given the limited public information on the financial results of crypto-mining gear makers and the other assets owned by their founders, pre-IPO estimates of their net worth involve a significant amount of guesswork. The projections in the following table incorporate information from exchange filings, interviews and data compiled by Bloomberg. Valuation multiples were derived from publicly traded chipmakers such as Nvidia Corp. and MediaTek Inc.

> more: https://www.bloombergquint.com/markets/2018/08/26/these-crypto-tycoons-are-about-to-learn-how-rich-they-really-are#gs.RCQWNr4