Today's Crypto News
Coin Telegraph does price analysis
Some of my favorite coins get the analysis
Ethereum, Bitcoin, Bitcoin Cash, Cardano, NEO, Stellar, EOS, Litecoin and Ripple
Obviously all speculation, and don't risk anything you can't afford to lose. No one really knows what is going to happen.
Forbes daily crypto hit piece
image source: crypto-lines.com/wp-content/uploads/2018/02/forbesforbes.jpg
These guys are always hating on crypto. The headline is clickbait, he doesn't really want to shut down all crypto. He says he wants there to be "know your miner" laws so the people sneaking mining software onto your browser can't get away with it. It's a silly idea, you want to fight that problem you need better anti virus protection. Trying to regulate mining is going to be borderline impossible. You don't have to sell the illicitly mined coins directly to exchanges, lots of people will buy them, it's impossible to regulate. And the people hi jacking your browser and legit mining companies are two different entities, why should the latter be subject to new laws when it's not them doing the hacking?
Blooberg's crypto hit piece
Image source assets.bwbx.io/images/users/iqjWHBFdfxIU/iOxs.p_YNPuQ/v3/800x-1.jpg
Written by some Brooklyn hipster programmer who lived thru the dot com bust so he has seen it all.
Of note he is aware blockchain posting is censorship proof and complains you can't sue away blockchain articles. And he thinks dark web market drug markets are a bad thing instead of awesome. He also acknowledges in some parts of the world it is saving people from corrupt regimes. I hate not seeing these articles mention the people in Venezuela or Africa who are eating because they have crypto and their state currency is worthless. This guy is aware it's helping people in the third world and still hates on crypto.
It must be easy to find all these writers who hate crypto, the amount of joy I see online during crashes, all the "I told you so's" This guy encourages mocking crypto more often, wonder who pays him to say that? I see all these crypto hit pieces and someone on here I was talking with mentioned it seems like a coordinated effort by legacy media to support legacy banking. I'm half expecting to see an article that says trading crypto causes cancer.
Digital Trends article on mining space heater
Image source: icdn6.digitaltrends.com/image/qarnot-cryptoheater-720x720.jpg
I am fan of heating your space with mining, maybe it's because I live in cold ass Canada. It just looks like a box, a lot of mining rigs look pretty ghetto. But the price (3600) is way too much.
https://www.digitaltrends.com/computing/cryptocurrency-heater-quarnot/
Another article about it https://beta.techcrunch.com/2018/03/08/qarnot-unveils-a-cryptocurrency-heater-for-your-home/
Belgium's financial authority warns about 19 crooked trading platforms
I have never heard of any of any of these. It isn't any of the major trading platforms. Seems to be some lending type places, after the bitconnect fiasco it is probably a good warning. Article is a little light, but including it for the 19 places to stay away from.
https://news.bitcoin.com/belgium-warns-cryptocurrency-trading-platforms-fraud/
Japanese exchange crackdowns
Image source: cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iZjJmN2ZiYjRiMTkxN2RhMTI2MzdlZGM2YjZhMWE1Yy5qcGc=.jpg
The government shut down two exchanges for being shady.
There have been some pretty notable crypto scandals in Japan. Coincheck getting all their NEM stolen, and the Mt Gox fiasco. I was not impressed to find out Mt Gox had a trading bot manipulating world Bitcoin prices. Regulating is coming and it's not necessarily a bad thing and Japan does over 60 percent of all world transactions so what happens there effects all of us.
https://cryptoslate.com/japan-clamps-cryptocurrency-exchanges-curb-illegal-financial-activities/
Egypt forcing citizens to mine Monero.
Image source: coinadvisers.org/wp-content/uploads/2017/12/smaller-unknown-cryptocurrencies.png
When you run a state where human rights are a joke it's not that far fetched to think that all the nations internet traffic is both watched and rerouted to mine crypto. Testing 5000 devices found 95 percent effected.
Dash as MMA fighter compensation
Image source coinpedia.org/wp-content/uploads/2017/05/Dash-300x146.jpg
So I don't know much about Dash but I guess there is a percent that is mined and goes into a promotion fund that is spent according to the wishes of Dash holders. Sorry if I got that wrong I think that's it? Anyway they are using it to fund MMA fighters, instead of a company sponsoring you with cash, they are using Dash to do it. So like 300 plus Dash were worth 250 000 at the time of the fight for one fighter. And you could sit on it and speculate on the price so I kind of like it better than traditional sponsorship myself.
Image source: cdn.vox-cdn.com/thumbor/RrK8Ocl3OiMvQG-5U8VBabVqtIY=/0x0:1200x800/920x613/filters:focal(513x112:705x304)/cdn.vox-cdn.com/uploads/chorus_image/image/58971989/RoryDash1.0.jpg
Technical improvements on the horizon.
A nice positive article. Mentions dips happen and is the time to buy. That is my philosophy too!
Lightning network and sidechains are two things you will hear more about. Speeding up transactions is a key issue and Bitcoin needs to deal with it.
Also privacy improvements to Bitcoin like tumblebit and zerolink. Some people would like privacy improvements to bitcoin rather than using a whole other privacy coin. Bitcoin has more built in infrastructure, like I can't buy or sell Monero at the bitcoin ATM.
Thanks for reading!
@viraldrome and now is 8617.5 usd for comparative purpose.
This is good to review. I voted you.
It is really interesting how some of these news sites seem to put out almost all bad crypto news or all good crypto news during certain periods. We're not usually conspiracy theorists over here, but it is odd that there is some correlation and potential manipulation of the markets. People read it and seem to have a doom and gloom mentality.
If we see things about regulations, we are not really worried because some of it is actually good. Yes, it is a bit scary to think about because governments can over-regulate. However, there is no talk of banning cryptocurrencies or making them go away. There is only talk of "protecting" investors. Is that really what regulators want to do? Probably not, but it is ok because those of us that are patient through these dips and new rules, have a very high probability of doing well when it all shakes out. Some big institutional money, which would drive the values of the good cryptos up, can't take the risk of getting into an unregulated market because their banks, hedge funds, etc, are heavily regulated. So, the fact that they want to regulate, but not destroy, actually validates the premise that the crypto market is here to stay.
There was someone that commented on an article the other day that said that he bought at the top and sold low and lost $500, so, cryptos were going to fail. Some early holders of Bitcoin are down 7 and 8 figures and are still bullish on the market as a whole. This is all part of any emerging market. Just only put in what you can afford to lose and hold and be patient...then, there is no need to sell too low.
I have stayed focused on what my research, network of information, and other insights tells us are the best, most likely to succeed cryptos. If the scammy ones go away from regulation, that is a great thing. It means more money into the good ones.
So, on that note, in case you missed them, here are some under-priced cryptos that we think have good teams, fundamentals, are highly oversold, and have potential to go up over the longer haul.
Cardano (ADA)
Lisk (LSK)
Locicoin (LOCI)
Polymath (POLY)
EOS (EOS)
Totally agree with your statements. Its like stocks and shares you have to learn to hold, in the long run it will always pay off...
Nice
Spot on... I think the main stream media companies work for people that have money and want to spread FUD to get cheaper btc. Look two weeks ago all the news of positive, now this week its ALL negitive news that is being spread...
Keep this up, Followed you for more :)
i dont think most of the Cryptos will reach the value they had in dec2017 again.....people have started losing interest again well most of people right now who are holding CryptoCurrencies right now are new people who have seen alot of growth in market and bought and after seeing whats happening right now this people are getting desperate for selling their Cryptos.
I really do not think the Crypto Market can be stable for at least next 4-5 months best tactic now should be buy and hold it for long term
wow very nice post
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