The SWARM Research Report 6/26/18
360Trader @360_trader
Not a convincing bounce for $BTC this far. $5800ish still the support. Watching!
paTo paTinYo @crypToBanger
fuck yeah $SMART on @gincoin_crypto ..
fkn easy #masTernode seTup..
THx..!!! gimme more $ALQO $GIN n $SMART MN..
Peter McCormack @WhatBitcoinDid
Good news is coming back:
- @a16z $300m Crypto fund
- Facebook reversing Crypto ad ban
- Norman started the Tether printing press
- @APompliano is coming back
Things are warming up...
Phil @PhilCrypto77
$Bcash has averaged 9.55 transactions per minute for the last 24 hours. Good thing it has those ginormous blocks to handle the volume.
Charlie Shrem @CharlieShrem
PSA: @TREZOR Their new update requires a wipe of memory & will require you to restore the seed. TEST your seed before you update.. or you will be REKT.
David Gokhshtein @davidgokhshtein
$LEND in the 300 sats. Thank you all day long.
David Gokhshtein @davidgokhshtein
People panic selling $PCN. Better buy-ins for others.
Foz @fozcrypto
Out of all the TA tools used universally, I think head & shoulders is the most garbage indicator for crypto charts by far. The amount of people trying to find that pattern just to back their own bias is incredible
Matthew @CryptoWonka
Cup and handle as well. Can't tell you how many times people see a U shape and scream cup and handle
Gat [#1 $EOS Supporter] @CryptoGat
$AOA is up to 9 cents..90% dividend to $ACT current price if you held it during the $ABTC fork a few months ago. Another amazing reason to be holding @AchainOfficial, they will continue to fork and reward holders. On top of that, 0.5-1% monthly payout from the loyalty program
tehMoonwalkeR @tehMoonwalker
I'm going HAM on $MWAT I have a feeling it's gonna pop soon the founder is clever AF
zyzz @CryptoZyzz
$eos block producer fails to comply with order to freeze funds. This causes a problem and means the funds are completely lost rather than frozen. Apparently this means you get sued, because block producers don't have free will, and have to follow the orders of dan larimer
Cheds Trading [Cancer Fighter] Not giving away ETH @BigCheds
$OST brutal dump
Cheds Trading [Cancer Fighter] Not giving away ETH @BigCheds
$LTC #Litecoin Daily RSI has not been this low since December of 2016
A v B @ArminVanBitcoin
Ethereum..
Network: Decentralized
Governance: Vitalik Foundation
Raised: $18 Million
EOS.. Network: Centralized
Governance: 21 greasy self-voted pricks
Raised: $4 Billion
Bitcoin.. Network: Decentralized
Governance: Consensus
Raised: $0
Somali_Shilling (XLR) @Curt_Shilling
Bullish on $BTC $XLQ $XLR $ETH $DRGN $VEN $ICX $AION
CryptoBirb @crypto_birb
General tips
- Don't use only standard sheets/book charts examples literally It differs much to classical approach to TA
- #crypto especially with this low mcap is easier to activate P&D
- Higher irrationality,more behavioral aspects
- Diversify assets
- Take profits
- Hedge
Craig Cobb
Something to consider for you trading ALT's for BTC. The ALT's still seem to bleed harder when BTC falls. This doesn't make the greatest of sense but it is something we must be aware of!
https://www.tradingview.com/chart/IOTABTC/7QuXgeZC-Top-10-Paired-With-BTC/
Rob Eski
Why I think we have already hit bottom or are very close to it
I think it's safe to say that miners control the market price to a large extent as they control the supply of Bitcoin. According to my rough calculations, the cost of mining new coins must be getting very close to the actual market price of Bitcoin. Yet the hash rate keeps growing at a linear rate every day (as fast as new hardware is manufactured). Obviously miners won't sell BTC for less than it costs to mine, so you'd have to assume the price will reach an equilibrium or go up - or it could come crashing down, miners will go bankrupt and it's the end of Bitcoin (I really don't see that scenario happening).
The confidence from the 3 largest mining pools expanding and spending literally millions each day on new hardware gives me confidence that there's something bigger going on.
Anything can happen, but if Bitcoin keeps dropping, I think it'll be short-lived.
My calculations to mine 1 Bitcoin are below. I believe they are very generous numbers and I think the cost would be well above $5k on average in the real world.
-----ELECTRICITY COST-----
Current Bitcoin hash rate 43,161,058 TH/s
Most efficient miner (Bitmain Antminer S9) which does 13-14 TH/s using 1.3kW
Below is an extremely generous calculation for the number of miners in the world. Obviously there would be more as there are less efficient miners being used also.
43,161,058 ÷ 13 = 3,320,081
Cost of electricity in China 4 cents kW (good comparison as most the mining is done in China and they have some of the cheapest electricity in the world)
Cost of electricity used each hour. Again, extremely generous
3,320,081 x 1.3kW = 4,316,105.3 kW per hour
4,316,105.3 x 4 cents = $172,644
Cost to create 1 Bitcoin (excluding hardware cost)
$172,644 ÷ 75 (amount of Bitcoin generated per an hour) = $2,302
-----HARDWARE COST-----
Let’s say the average life of a miner is 2 years before it breaks or becomes redundant due to more efficient miners becoming available.
3,320,081 x $1,000 (assuming the big miners can get s9's at half price) = $3,320,081,000 Cost of all the mining hardware in the world
24 x 365 x 2 = 17,520 hours in two years
$3,320,081,000 ÷ 17,520 = $189,502
Cost per an hour to replace broken/redundant miners
$189,502 ÷ 75 = $2,526 cost of hardware replacement per Bitcoin
Actual cost per a Bitcoin $2,302 (electricity) + $2,526 (hardware) = $4,828
You could also add cost of rent and a bunch of other costs.
Sources:
https://blockchain.info/charts/hash-rate?timespan=2years
https://www.digitaltrends.com/computing/best-bitcoin-miner/
https://en.wikipedia.org/wiki/Electricity_pricing…
https://blockchain.info/pools
Bilal Memon
Orvium is an open source and decentralized platform to manage and feature peer-reviewed, scholarly publications. Also, Orvium aims to eliminate several inefficiencies pertaining to the scientific publishing model and enhance the quality and effectiveness of scientific journals.
Check out our analysis on Orvium ICO:
https://masterthecrypto.com/ico-analysis-orvium-ico-review/
Jeff Kirdeikis
Nuggets has just teamed up with QFPay which catalyzes one of the largest direct integrations of blockchain tech into our every-day lives to date.
In the last six years QFPay has transacted over 30 Billion through providers like Alipay, WeChat Pay and China UnionPay, serving over one million merchants across Asia.
This partnership allows Nuggets customers to have the option to pay online without having to share any ID, credit card details, or personal data at over 1 million of QFPay’s merchant partners of across Asia.
The actual implementation of blockchain technology like what Nuggets is providing is the reassurance that this market volatility is short-lived. Blockchain tech is simply a logical next-step evolution, and I look forward to using Nuggets for my online payments in the very near future.
https://medium.nuggets.life/nuggets-teams-up-with-qfpay-ab92d7665fa9
Aakash Verma
Digipulse Service Launch on 1st July
Key Notes about the project
- World's first decentralised Crypto and Digital asset inheritance service.
- Recently had a successful beta launch and coinburn event bringing the total supply to 5.4 Million.
- Covered by Forbes and became a EEA member also.
- Currently trading on Cryptopia,IDEX,UpCoin,Etherdelta
https://blog.digipulse.io/digipulse-launches-on-july-1st-c881aa0a1108
EXCHANGES
GDAX @GDAX
On Friday June 29, we say goodbye to @GDAX and hello to Coinbase Pro.
Swarm Fund @TheSwarmFund
When Exchange? Now. $SWM is live on @hitbtc
UpCoin_Exchange @UpCoin_Exchange
#UPcoin adds @VeriumReserve and @VeriCoin to the USDT market.
Available trading pairs: $VRM/USDT, $VRC/USDT.
MERCATOX @MercatoxCom
Houton (HUT) market added Dear users! Houton (HUT)added to the listing. HUT/BTC and HUT/ETH markets are available for trading.
Aurora (IDEX) Not Giving Away ETH @Aurora_dao
$EGT (Egretia) by @Egretia_io has been added
$BOB (Bob's Repair) by @BobsRepair has been added
$TTC contract address has been updated and is live
gate.io Exchange @gate_io
now supports eosDAC mainnet token deposit and withdraw
CryptoBridge @CryptoBridge
$ANS @ANODOS15 is now trading on the #CryptoBridge Decentralized Exchange!
$GIC @giant_coin is now trading on the #CryptoBridge Decentralized Exchange!
$DVB @dv7coin is now trading on the #CryptoBridge Decentralized Exchange!
$RPI @RPICoin is now trading on the #CryptoBridge Decentralized Exchange!
Stocks.Exchange @StocksExchangeR
welcome LiteGoldCoin
Thumbs up for BengoshiCoin
Stocks.Exchange @StocksExchangeR
MCH deposits and withdrawals are closed as the network is dead. See here https://www.machtcoin.co
CEX.IO @cex_io
Zcash deposits and withdrawals restarted. The network upgrade has been successful, so you can now deposit and withdraw ZEC. Kindly note that using software of the previous version may cause issues not related to http://CEX.IO .
EXMO @Exmo_Com
#EXMO Adds Also Token #Datawallet (#DXT) to Listing
EXMO Adds Top Cryptocurrency #BTCz to Listing
livecoin @livecoin_net
Dear clients, new markets #LEDU/#BTC, LEDU/#ETH are available for trading
Dear clients, new markets #RST/#BTC, RST/#ETH are available for trading
OKEx @OKEx_
Egretia (EGT) is now listed on OKEx.
EXX Group @ExchangeXGroup
BNB is listed on EXX
RightBTC Exchange @Rightbtc_
UPDATE: $RISE listing on @Rightbtc_ has been delayed slightly, due to more time needed to deploy and test. Estimated date RISE will be live is now next week, July 5th.
Huobi Pro @Huobi_Pro
Launch of BitCapitalVendor $BCV on #Hadax!
CoinEgg @CoinEgg_LTD
The withdrawal for OLC now is available.
QUOINE @QUOINE_SG
Dear QUOINERS, Kindly be informed that the swap of QTUM ERC-20 tokens to mainnet is now completed on #QRYPTOS. #QTUM deposits and withdrawals are now resumed. Thank you so much for your support.
QUOINE @QUOINE_SG
TRON token migration from ERC-20 $TRX to Mainnet TRX will happen soon on QRYPTOS. TRX withdrawals will be suspended from June 29.
TRX deposits will be suspended from July 2. TRON sending & receiving transactions shall resume after the confirmation of TRX mainnet stability.
Gemini @GeminiDotCom
Completed: The Zcash scheduled network upgrade is complete, and we have re enabled deposits and withdrawals of ZEC. "View Transaction" links for withdrawals may report "Transaction Not Found" until the blockchain viewer website (unaffiliated with Gemini…
Next.Exchange @NextExchange
#SAFEX can be traded on our platform.
Your EOS coins
by DK107
If you are holding EOS accounts please be aware that after 3 years of inactivity. Your EOS will be distributed to the rest of the EOS community by the EOS Block Producers . Yes I kid you not! So much for EOS decentralization. First the EOS Block Producers has the ability to freeze any account and now this. This is more heartbreaking news and I'm holding a bag full of EOS.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8turnc/your_eos_coins/
iExec and Engima, Does ethereum need them?
by BoldlySilent
I am currently invested in two cryptos, Enigma and iExec. To me they seem like really good prospects, and that ethereum needs both of them. iExec for computational resources for massive adoption apps, and enigma for information privacy for corporations and even individuals. But I'm looking for some reasons why they aren't really necessary, from some people smarter than me. Sort of unusual to seek out counter points but I really am trying to get a balanced view on this
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8txr5z/iexec_and_engima_does_ethereum_need_them/
Skycoin Tech
by windrip
The Drama
I'm sure everyone has seen the negative posts about Skycoin over the past week or so. Everything from the project manager Synth getting held hostage (official summary here) to sarcastically joking about insider trading (explanation here).
The Tech?
Regardless of the drama surrounding one or two individuals, I think in the long term the most pertinent question will be, What About the Skycoin Tech? I've been around Skycoin for quite some time and it's interesting to see what the project has actually accomplished over the past 5+ years, irrespective of the personalities of some of the players in the project.
The Coin
One of the critiques I commonly see is that if Skycoin has been around since 2013, what have they actually accomplished in that time since the Skywire Testnet has recently just started?
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8ty8jd/skycoin_tech/
My wife and I created a crypto-based informational website that focuses on the quality of coins rather than the price, Coinstudi.com
by rothjoshstein
coinstudi.com is is a cryptocurrency educational initiative.
A central hub for DYOR.
Each coin is summarized directly from the whitepaper. The summaries are linked to the white papers.
The logos are linked to the coins websites.
The learn more section of each coin, has our personal likes and dislikes of each coin, as well as a rating.
We offer a crypto beginners course, teaching people new to crypto how to navigate crypto trading safely.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8tzu5o/my_wife_and_i_created_a_cryptobased_informational/
Meet the 7 ICOs that Plan to Launch this Saturday!
by gazinbali
Are you ready?
In less than 7 days from now, we’re about to approach an interesting event that may be marked as a part of the Crypto world’s rich (No pun intended) history.
On June 30th, seven different ICOs are about to launch their genesis campaign (Genesis: The first block that’s created in the blockchain network). If you are a crypto investor or at least a follow the news and updates regarding crypto over the last few months, you’ve probably heard about at least one of them. Who knows, you may be even counting the days and hours left in one of the biggest countdowns in the recent years. In this article, I’ll be summarizing the 7 projects for you to decide - What are you going to do on June 30th?
1.VeriDoc Global https://www.veridocglobal.com : A solution that combines QR with Blockchain in order to create a secured environment for original documents and projects, as well as preventing frauds.
READ MORE: https://www.reddit.com/r/CryptoCurrency/comments/8tzgd2/meet_the_7_icos_that_plan_to_launch_this_saturday/
MEDIUM
3 more improvements at Ethex
Dan Walton
When you browse to Ethex, your computer downloads software that allows you to trade directly wallet-to-wallet with other Ethereum users. You hold your own funds and private keys. This technique allows people all over the world to trade useful tokens directly with each other. They don’t need to connect to a server located in a particular region. They only need to access the Ethereum blockchain.
In order to help bring about this distributed global trade system we made three improvements over the past week.
- Improved language support
The entire DApp has been translated to 5 languges (Spanish, German, Japanese, French and Maylay). More are on the way. In order for Ethex to feel like your software, it should speak your language.
READ MORE: https://medium.com/ethex-market/3-more-improvements-at-ethex-60b507202b67
5 Most Profitable ICOs of 2018 (So Far)
Cryptovest
ICOs are a dime a dozen these days, but are all of them really successful? With roadmaps than span years to come, it is hard to gauge ‘success’ — however, we can measure their profitability, and that’s what this post is about.
Let’s take a look at the five most profitable ICOs of 2018. These are ICOs that started since January 2018 and have delivered the highest returns against USD. We will take a look at how much they improved on their initial price in terms of their USD and Bitcoin price increase and then take an overview of the project. The returns are checked against the current price, so they may have previously had a higher return on investment.
READ MORE: https://medium.com/@CryptovestMedia/5-most-profitable-icos-of-2018-so-far-2214abc46743
OpenFinance Network Secures Listing Agreement with Security Token Partners
OpenFinance
Security Token Partners, an international security token advisory and investment firm that helps companies through the entire STO process, has entered into an agreement to list private securities on the OpenFinance Network (OFN).
“Security Tokens will usher in a new wave of capital formation that promises investors programmatically enforced rights and protections, combined with liquidity. We are excited to announce our partnership with OFN to help issuers take advantage of these new features,” says Mario Pazos, a founding partner at Security Token Partners.
Security Token Partners was developed as an advisory firm for security tokens in 2017 and has been serving global clients since. With their vetted network of partners, STP helps advise clients on the ways they can leverage a security token and on the areas of smart contract design, issuance, crowdfunding, listing, trading, and post-listing services.
READ MORE: https://medium.com/@openfinance/openfinance-network-secures-listing-agreement-with-security-token-partners-49a3d20e3e83
Cryptocurrency Myths You Should Be Aware Of
Versara Trade
People love stories, and nothing has spawned quite as many as the cryptocurrency. Almost everyone knows the tale of would-be investors selling entire homes just to get a piece of the pie or someone who bet big on Bitcoin and has lost it all. While those stories are almost certainly real, they are not the norm, and there are plenty that are fabricated. Though blockchain technologies and cryptocurrencies are an emerging industry, there are plenty of legitimate players involved being value to the space. there are just as many are myths.
The challenges with cryptocurrency myths is that they can people down poorly informed paths, resulting in losses and disappointments that are entirely avoidable. Here are 10 such myths:
READ MORE: https://medium.com/@versaratrade/cryptocurrency-myths-you-should-be-aware-of-bdbf4818d434
CRYPTO COMPARE STATE OF THE CRYPTO
Bitcoin is up 0.81% at $6,216.120 with a volume of Ƀ74.4k - $465.3M on the USD pairs.
Ether is up 0.01% against Bitcoin at Ƀ0.07309 per Ether and up 0.93% against the dollar to $454.08 with average volume Ƀ39.5k on the ETH/BTC pair.
Bitcoin Cash is down 0.99% to Ƀ0.1201 with volumes of Ƀ19.5k and down 0.3% against the dollar at $745.87.
Ripple is down 0.08% to Ƀ0.00007716 with volumes of Ƀ7.6k and up 0.65% against the dollar at $0.4798.
Zcash is up 3.59% for the day to Ƀ0.02769 per ZEC and up 4.42% against the dollar to $172.35 with an average volume of Ƀ4.0k for the 24 hour period.
Litecoin is up 1.42% against the dollar for the day at $81.65 and up 0.61% to Ƀ0.01315 on volumes of Ƀ18.2k.
Dash is down 1.18% at Ƀ0.03844 with Ƀ10.5k volume and down 0.24% against the dollar at $239.94.
Iota is up 0.38% to Ƀ0.00016 on Ƀ2.0k volume.
Ether Classic is up 2.7% to Ƀ0.002509 with volumes of Ƀ8.7k and up 3.39% against the dollar at $15.56.
Monero is up 0.21% against the dollar at $126.24 and down 0.59% against Bitcoin at Ƀ0.02033 on volumes of Ƀ3.0k.
Neo is down 0.87% for the day to Ƀ0.005037 per NEO and down 0.35% against the dollar to $31.24 with an average volume of Ƀ2.9k for the 24 hour period.
Waves is up 1.25% to Ƀ0.0004372 on Ƀ1.7k volume.
Stratis is up 2.24% to Ƀ0.0003924 on Ƀ362.146 volume.
Cardano is up 1.04% to Ƀ0.0000214 on Ƀ1.6k volume.
NEM is up 1.96% to Ƀ0.0000255 on Ƀ678.207 volume.
EOS is up 0.54% to Ƀ0.001298 on Ƀ15.3k volume.
Tron is down 2.22% to Ƀ0.0000066 on Ƀ4.1k volume.
Stellar is up 1.42% to Ƀ0.00003146 on Ƀ2.0k volume.
RELEVANT READS
Company to Store Healthcare Data on Blockchain Platform for Simple and Secure Data Sharing
https://cointelegraph.com/news/company-to-store-healthcare-data-on-blockchain-platform-for-simple-and-secure-data-sharing
IOTA [MIOTA] & Komoda [KMD] Now Available for Cash in 400 Austrian Post Offices
https://coingape.com/iota-miota-komoda-kmd-available-for-cash-in-austrian-post-offices/
Research: ETFs Could Lead Bitcoin Price to $35,000 and It Isn’t Far Away
https://coinwrath.com/research-etfs-could-lead-bitcoin-price-to-35000-and-it-isnt-far-away/
The Game Sued Over Endorsement of Crypto-Cannabis Company
https://theblast.com/game-cryptocurrency-marijuana-cannabis-paragoncoins/
Circle CEO Says the Company Is Seeing an Increase In Number of Institutional Investors
https://coincodex.com/article/1932/circle-ceo-says-the-company-is-seeing-an-increase-in-number-of-institutional-investors/
TRON has just completed Coin Burn of 1 billion TRX
https://www.cryptovibes.com/crypto-news/tron-has-just-completed-coin-burn-of-1-billion-trx/
Jack Ma inaugurates the first blockchain based cross border transaction by Ant Financial
https://blockmanity.com/news/jack-ma-inaugurates-first-blockchain-based-cross-border-transaction-ant-financial/
Bitcoin price seems to stabilize as $250 million worth of Tether has been added to circulation
https://walletinvestor.com/magazine/bitcoin-stabilizing-as-tether-prints-250m-coins/
Coinsecure Starts Compensating Hacked Bitcoins to Customers
https://coingape.com/coinsecure-starts-compensating-hacked-bitcoins-to-customers/
How to Cash-out Your Crypto & Avoid Using Tether
https://steemit.com/altcoins/@donald.porter/how-to-cash-out-your-crypto-and-avoid-using-tether
A Long-Secret Bitcoin Key Is About to Finally Be Revealed
https://coinsupdates.com/a-long-secret-bitcoin-key-is-about-to-finally-be-revealed/
The Reserve Bank of Australia has expressed its thoughts on virtual currency
https://cryptolinenews.com/2018/06/26/thoughts-on-virtual-currency/
Is Bitcoin’s New All-Time-High Hashrate a Green Light for Bulls
https://coinsupdates.com/is-bitcoins-new-all-time-high-hashrate-a-green-light-for-bulls-2/
Daniel Aranda From Ripple Debated Internet Of Value And Ripple (XRP)
https://oracletimes.com/daniel-aranda-from-ripple-debated-internet-of-value-and-ripple-xrp/
Tron (TRX) price analysis, new developments, and milestones
https://cryptolinenews.com/2018/06/26/new-developments/
Robinhood Is Going Deeper Into Crypto — And It Could Take a Big Chunk Out of Coinbase’s Flagship Business
https://dollardestruction.com/7182/
Market Update Report June.26
https://cryptopotato.com/market-update-report-june-26/
Jack Ma confirms Cross-Border Remittance Service Like Ripple (XRP)
https://coindelite.com/news/jack-ma-confirms-cross-border-remittance-service-like-ripple-xrp/
Tron (TRX) Independence Day Was A Success! Eyes On Today’s Super Representative Elections
https://coinsupdates.com/tron-trx-independence-day-was-a-success-eyes-on-todays-super-representative-elections/
Opinion: Bottoms up, Lads!
https://dollardestruction.com/7196/
Tether now among the top ten cryptocurrencies, but will the gains last
https://cryptolinenews.com/2018/06/26/among-the-top-ten-cryptocurrencies/
Ripple xRapid Solution Significantly Lowers Cross-Border Payments
https://oracletimes.com/ripple-xrapid-solution-significantly-lowers-cross-border-payments/
Facebook is reversing its ban on cryptocurrency ads
https://coinsupdates.com/facebook-is-crypto/
Digipulse launches on July 1st!
https://blog.digipulse.io/digipulse-launches-on-july-1st-c881aa0a1108
Cryptocurrency Ownership in Europe and the US Expected to Double: ING Study
https://www.ccn.com/cryptocurrency-ownership-in-europe-and-the-us-expected-to-double-ing-study/
Tron(TRX) Slides after Postponement of Super Representative Elections: IOTA, EOS, Tron, Stellar Lumens and Litecoin Technical Analysis
https://www.newsbtc.com/2018/06/27/iota-eos-tron-stellar-lumens-litecoin-technical-analysis/
Alibaba and Jack Man’s Remittance Platform Ready to Take on Ripple: Ripple (XRP) Technical Analysis
https://www.newsbtc.com/2018/06/27/ripple-xrp-technical-analysis/
Fiat-to-Crypto in the Philippines Approaches $40 Million Per Month Despite Price Woes
https://www.newsbtc.com/2018/06/26/fiat-to-crypto-in-the-philippines-approaches-40-million-per-month-despite-price-woes/
Facebook is reversing its ban on some cryptocurrency ads
https://www.recode.net/2018/6/26/17505876/facebook-cryptocurrency-ads-bitcoin-ico-ban-reversed
This is not investment advice, this is information culled from the web today. Please do your own research.
I am enjoying your work, keep on doing your thing !