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Title: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 19, 2014, 07:53:53 AM Hi, everyone
I’m an ordinary Bitcoin player from China. About two weeks ago, I happened to find a website that publishes free daily trend analysis on various cryptocurrencies. As a rookie in this speculative market, I adopted a few suggestions from it and I made money! The latest successfully prediction from the website is the movement of the market maker of Doge. I(most of his readers, I think) successfully acted as a “free rider” and enjoyed the rise. The author originally started his analysis from tianya.cn, the most popular forum in China, and then started his own website www.bit-sky.com. His daily analysis covers Bitcoin, Litecoin, Doge, IFC, UNO, BTG, HBN, CGB, etc.. Because his suggestions always proved to be correct, lots of people with big money are operating just as he indicates. Since Chinese players exert a big influence on the market, foreign friends may also find the analysis helpful. And good news! The website has begun to publish English version daily analysis. The latest is here, fresh and hot, daily updated: http://www.bit-sky.com/index.php/english I'll update his latest analysis in this poster everyday. Wish you find them helpful!~ Enjoy your play in cryptocurrency world! ^^ P.S. (February 21) The author has emphasized for many times on the brief-time validity of his buying suggestions, so if foreign friends read the daily analysis late and find the coin recommended has risen sharply, it is strongly advised that you don’t buy high. Just wait for the next chance. P.P.S. (February 21) As I mentioned above, the author originally started his analysis from tianya.cn, the most popular forum in China. His poster in the forum soon attracted massive attention and was clicked 572,910 times(by the time I wrote) within less than 4 months. This is the link: http://bbs.tianya.cn/post-develop-1450475-1.shtml Due to his accurate predictions, a lot of bitcoin players became his fans and readers (including some market makers, I guess). Since a large number of bitcoin players are involved in this poster, I think its content may serve as a useful reference for foreign friends to know about what Chinese bitcoin players are thinking and doing. So I intend to translate the highlights of the poster bit by bit in the following days and put them in this poster, trying to serve as a bridge between China and English speaking world. I welcome all of your comments and suggestions. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 19, 2014, 08:12:31 AM Today's analysis：
http://www.bit-sky.com/index.php/english/329-20140219-15-00-trend-analysis-of-democratic-currency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: railzand on February 19, 2014, 08:13:13 AM Thanks for that. Looks like it may be a useful resource for speculators.
What really caught my eye was the phrase 'democratic currency'. Is this a common way to express the term 'cryptocurrency' in Chinese? Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 19, 2014, 08:51:17 AM Thanks for that. Looks like it may be a useful resource for speculators. That's not a common way to express, and I hope people do not address them this way, because this sentitive word might repel the authorities. What really caught my eye was the phrase 'democratic currency'. Is this a common way to express the term 'cryptocurrency' in Chinese? The phrase 'democratic currency' is proposed by the author. He believes that cryptocurrency is actually the embodiment of democracy in the field of currency. I like this idea personally. With the historical trend of democracy in human society, a curreny of the people, by the people, for the people will definitely emerge; and that currency will stand out from the crowd in this wave. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 20, 2014, 03:16:23 PM Today's analysis:
http://www.bit-sky.com/index.php/english/344-20140220-16-20-trend-analysis-of-democratic-currency main suggestion:Don't buy LTC, buy IFC. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 21, 2014, 04:51:44 AM IFC rose immediately by 10% after the release of the author's analysis at 16:20 Beijing time on 20 Feb.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: seleme on February 21, 2014, 04:57:47 AM IFC will probably go down more. It's on the level where last pump started and those levels usually don't hold, specially with such low volume and support.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: knightcoin on February 21, 2014, 05:03:35 AM from another ordinary Bitcoin player ... thanks for that. Link in my bookmark now ;)
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: FeedbackLoop on February 21, 2014, 05:43:05 AM "Democratic currency"... Love it! :) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 21, 2014, 09:32:53 AM Today's analysis(16:13 Beijing time,21,Feb)
http://www.bit-sky.com/index.php/english/351-20140221-16-13-trend-analysis-of-democurrency Wait for the rise of IFC and retreat! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 21, 2014, 09:43:47 AM "Democratic currency"... Love it! :) "Democurrency" seems to be a better word. The author coined this word yesterday, it sounds cool and looks like an authentic English word, haha I believe this word will be collected by dictionaries some day. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: zhangweiwu on February 21, 2014, 09:56:26 AM With the historical trend of democracy in human society, a curreny of the people, by the people, for the people will definitely emerge; and that currency will stand out from the crowd in this wave. It's not a currency by the people, because you can't issue it. Bitcoin is governed by math, that is far from 'by people'. History was of bad records of authorities governing currnecy, and bitcoin removed the authority, but it did not give power back to the people - the true 'by the people' means you can issue I-O-U as much as you like, and the value of these I-O-U in compare to math-governed hard currency (bitcoin), is based on how much the community trusts you. e.g. MtGox's I-O-U is currenly valued 40% of real coins. A currency system that designed I-O-U into it is a currency can be called a currency 'by the people'. Bitcoin is a foundation for such a system, providing a digital rigid value to back against, but itself is not a currency 'by the people'. "Democratic currency" is a wrong name for bitcoin, even 'anti-authority currency' or "discipline currency" or "democratic currency's foundation" are better. There is quite a distance to cover from discipline to democracy. The author may think the alternative crypto-currencies floating around in China menas "you can issue your currency" - it does not, none of the alternative hot new brands in China allows you to issue I-O-U. Duplications of a system is not extending the system, and they are better called anarchy instead of democracy. It is commonly agreed among economists that a rigid discipline currency as the only currency is a bad idea - think about the 30s' recession - don't worry, this will never happen: bitcoin is either complementary to fiats (now), or fiats will be complementary to bitcoins, or a new crypto-currency representing I-O-U issued by the people will be complementary to bitcoin. A pure bitcoin-only world is disasterful, but it is so easy to correct that it is impossible to really happen - by issuing complementary currencies. We are closer to the ideal model but we are not there yet. I think the word "Democratic currency" revealed more about Chinese people (disclose: I am) than about the currency. Under a strong government we are so thirst of democracy that we hurry to label any anti-authority ideas with it. It is also dangerous, because we (Chinese people) long for something (democracy) that we don't have much experience and knowledge about - not knowing true water we risk drinking sea water to quench thirst - and this will be a major issue after the down-fall of the current China communist party. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: UnDerDoG81 on February 21, 2014, 12:08:58 PM Today's analysis(16:13 Beijing time,21,Feb) http://www.bit-sky.com/index.php/english/351-20140221-16-13-trend-analysis-of-democurrency Wait for the rise of IFC and retreat! I like short analysis, good work. Sounds legit. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 21, 2014, 02:26:57 PM P.S. (February 21)
The author has emphasized for many times on the brief-time validity of his buying suggestions, so if foreign friends read the daily analysis late and find the coin recommended has risen sharply, it is strongly advised that you don’t buy high. Just wait for the next chance. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 21, 2014, 02:34:44 PM P.P.S. (February 21)
As I mentioned above, the author originally started his analysis from tianya.cn, the most popular forum in China. His poster in the forum soon attracted massive attention and was clicked 572,910 times(by the time I wrote) within less than 4 months. This is the link: http://bbs.tianya.cn/post-develop-1450475-1.shtml Due to his accurate predictions, a lot of bitcoin players became his fans and readers (including some market makers, I guess). Since a large number of bitcoin players are involved in this poster, I think its content may serve as a useful reference for foreign friends to know about what Chinese bitcoin players are thinking and doing. So I intend to translate the highlights of the poster bit by bit in the following days and put them in this poster, trying to serve as a bridge between China and English speaking world. I welcome all of your comments and suggestions. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: UnDerDoG81 on February 21, 2014, 02:37:15 PM What does he think about Bitstamp? Will it go under 500?
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 21, 2014, 02:42:36 PM What does he think about Bitstamp? Will it go under 500? He mentioned Bitstamp a few days ago. In his opinion, Bitstamp is much more reliable than MT for the time being, at least it's not cheating. As for the price, it's hard to say right now.Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: chesthing on February 21, 2014, 08:43:56 PM What does he think about Bitstamp? Will it go under 500? He mentioned Bitstamp a few days ago. In his opinion, Bitstamp is much more reliable than MT for the time being, at least it's not cheating. As for the price, it's hard to say right now.I wonder why he like IFC so much? a look at it's chart since inception is pretty unimpressive. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 22, 2014, 11:01:08 AM What does he think about Bitstamp? Will it go under 500? He mentioned Bitstamp a few days ago. In his opinion, Bitstamp is much more reliable than MT for the time being, at least it's not cheating. As for the price, it's hard to say right now.I wonder why he like IFC so much? a look at it's chart since inception is pretty unimpressive. Good question, why does he favor IFC so much? I collected the author's statements in the poster and translated them into English, the full analysis on IFC is here: http://www.bit-sky.com/index.php/english/357-20140222-17-15-special-analysis-on-ifc IFC: Max money supply: 90,600,000,000 Price: 0.00048 RMB right now (www.bter.com) Block time: 30 seconds As you can see, IFC has a gigantic issue size, an extremely low price and can be confirmed quickly. IFC enjoys good popularity in China. There are a lot of IFC websites, forums, and even TV advertisements. Most important, its mining is coming to an end, only few coins are mined out everyday. This way, the price of IFC will not be pressed by the selling of newly-mined coins, it can rise with much more ease. For BTC, newly-mined coins everyday is about 1.6 million dollars, Litecoin 400,000 dollars, Doge 400,000 dollars. For a coin without the selling of newly-mined coins, the price is difficult to fall. On the flip side, even a small amount of buying can pull up the price. As a result, the market maker will be able to pull up the price easily and make much profit. The author detected the existence of a market maker (on a big Chinese trading platform www.bter.com) in December last year, and successfully predicted his movement of pulling the price from 0.00051 to 0.0097 within 10 hours. Then the market maker somewhat stopped pulling (he is supposed to pull higher and attract new buyers), and began to act against the author, he turned around to lower the price in order to absorb more coins, I guess the reason is that the market maker suddenly saw the poster. The author possesses 1.5 billon coins, together with his readers’ buying, there are about 10 billion coins. This is the main reason why the market maker acted against him, he wants to grab the coins out of his hands. From January 27 to today, the price of IFC has been going down continuously for 25 days. It doesn\'t fall with BTC, neither does it rise with Doge, it behaved abnormally and began to dive recently(see the chart below)，now the price is lower than the market maker’s position-building cost. It is a golden opportunity to buy in! http://www.bit-sky.com/images/2.jpg Despite the author’s favor on IFC, he now seems to be sick and tired of playing mind games with the market maker. IFC also has its drawbacks, worry about its hashing power, risk of 51% attack, etc.. The author suggested 10% allocation of your money on this coin. You may lose, of course. Anyway, what we are playing is probability. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 22, 2014, 11:35:46 AM Today's analysis(February 22,16:30, Beijing time)
http://www.bit-sky.com/index.php/english/358-20140222-16-30-trend-analysis-of-democurrency No more panic, ready to rebound. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 22, 2014, 01:02:12 PM #Poster highlights translation# NO.1
What a perfect cryptocurrency mechanism should be like in my mind? The answer is: Democratic centralism cryptocurrency (DCC) What is DCC? And how does it work? Well, let me explain in detail. A DCC should possess the following features: 1.It adopts blockchain mechanism (This is the most important). 2.The genesis block generates all coins all at once and the coins go to one account. 3.There is a minimum trading fee required. Genesis block holder is naturally the issuer. Due to the democratic feature of cryptocurrency, He is supposed to do the following things if he wants his coins to appreciate: First, he will give out his coins for free to make people know about it and persuade them to accept this currency. Second, in order to guarantee the hashing power, he will trade with himself in order to provide high fees to miners. Third, by using his other personal property (like BTC) as security, he offers an exchange rate of the currency and works as an exchange center for others. Fourth, he will spare no efforts to develop applications of this currency in order to further promote usage of the coin. Many people dislike the fact that too many “IPO coins” are owned by the issuer. In fact, every coin, including Bitcoin, has the problem of “issuer hoarding”. They only differ in the proportion of hoarding. As long as the price reaches their expectation, they will sell, once sold, this problem is resolved. In addition, every coin has a market maker, even BTC is no exception. Market makers are just big holders, they don’t promote, neither do they develop applications; they just drink the blood of retail investors. They are absolutely more wicked than the original issuer. Coming back to the point, we need to rely on the core of democurrency---blockchain mechanism---a superb decentralized, anti-cheating monetary and financial system. Once equipped with this system, together with powerful applications, this currency is bound to achieve huge success. You may argue: nobody in this world is able to promote such a coin, but imagine, just imagine, what if the issuer is a GOVERNMENT? ...This idea might blow your mind, but it may well come true sooner than you expect. All rights reserved, anyone who adopts this idea is required to donate 100BTC. My address： BTC: 19bbXVUgCP5EfAoGbrBKePMRf3TuxCZ2fs For more useful discussions and analysis, click here: http://www.bit-sky.com/index.php/english You'll find more than you expect!~ Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: chesthing on February 22, 2014, 03:56:37 PM What does he think about Bitstamp? Will it go under 500? He mentioned Bitstamp a few days ago. In his opinion, Bitstamp is much more reliable than MT for the time being, at least it's not cheating. As for the price, it's hard to say right now.I wonder why he like IFC so much? a look at it's chart since inception is pretty unimpressive. Good question, why does he favor IFC so much? I collected the author's statements in the poster and translated them into English, the full analysis on IFC is here: http://www.bit-sky.com/index.php/english/357-20140222-17-15-special-analysis-on-ifc IFC: Max money supply: 90,600,000,000 Price: 0.00048 RMB right now (www.bter.com) Block time: 30 seconds As you can see, IFC has a gigantic issue size, an extremely low price and can be confirmed quickly. IFC enjoys good popularity in China. There are a lot of IFC websites, forums, and even TV advertisements. Most important, its mining is coming to an end, only few coins are mined out everyday. This way, the price of IFC will not be pressed by the selling of newly-mined coins, it can rise with much more ease. For BTC, newly-mined coins everyday is about 1.6 million dollars, Litecoin 400,000 dollars, Doge 400,000 dollars. For a coin without the selling of newly-mined coins, the price is difficult to fall. On the flip side, even a small amount of buying can pull up the price. As a result, the market maker will be able to pull up the price easily and make much profit. The author detected the existence of a market maker (on a big Chinese trading platform www.bter.com) in December last year, and successfully predicted his movement of pulling the price from 0.00051 to 0.0097 within 10 hours. Then the market maker somewhat stopped pulling (he is supposed to pull higher and attract new buyers), and began to act against the author, he turned around to lower the price in order to absorb more coins, I guess the reason is that the market maker suddenly saw the poster. The author possesses 1.5 billon coins, together with his readers’ buying, there are about 10 billion coins. This is the main reason why the market maker acted against him, he wants to grab the coins out of his hands. From January 27 to today, the price of IFC has been going down continuously for 25 days. It doesn\'t fall with BTC, neither does it rise with Doge, it behaved abnormally and began to dive recently(see the chart below)，now the price is lower than the market maker’s position-building cost. It is a golden opportunity to buy in! http://www.bit-sky.com/images/2.jpg Despite the author’s favor on IFC, he now seems to be sick and tired of playing mind games with the market maker. IFC also has its drawbacks, worry about its hashing power, risk of 51% attack, etc.. The author suggested 10% allocation of your money on this coin. You may lose, of course. Anyway, what we are playing is probability. Thanks for all that info. That price chart resembles most alt coins right now, so not sure why IFC should stand out as something special, but what do I know. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 23, 2014, 11:47:13 AM Today's analysis(February 23,14:51, Beijing time)
http://www.bit-sky.com/index.php/english/366-20140223-14-51-trend-analysis-of-democurrency After two weeks of suffering, we finally see glimmers of hope! P.S. IFC went up by more than 20%, reaching 0.00057 RMB! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 23, 2014, 12:06:57 PM #Poster Highlights Translation# NO.2
The world will be governed by mathematicians—Comment on Primecoin “Self-adjusting block reward: The Primecoin protocol takes approach different from Bitcoin: the number of Primecoins released per block is not fixed but is always equal to 999 divided by the square of the difficulty”—from Wikipedia What a stunning and unique design! Sunny King is more “wicked” than Satoshi! For Primecoin, the more the hashing power is, the less coins miners can get! So there is a positive recycling here: the more the hashing power is, the less coins miners can get; the less coins mined, the higher the price is; the higher the price, the more the hashing power is… Once mathematicians become “evil”, they are just invincible under heaven! Alfred Bernhard Nobel considered mathematics useless in his time. Later, people think mathematics is somewhat useful, but as for number theory, not productive. With the advent of computer, number theory began to attract attention. With the advent of internet, experts of number theory began to enjoy a great advantage. With the advent of democurrency, experts of number theory can just make money! No payslips! No boss! They just “make” money!! They just invent cryptocurrencies and use them! Ho, that’s so awesome, isn’t it?!! This world has been utterly changed! Much more than what we can imagine. In the past, a scholar can never win an argument with a soldier (a Chinese saying). Now, a mathematician is just a superman, other people are just his followers begging for food. We fear neither God nor Satan, but we are afraid of bandits with an IQ above 160! The world is going crazier than we can imagine!… Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: donjoe on February 23, 2014, 12:10:05 PM "Democratic currency" is a wrong name for bitcoin Exactly.[...] I think the word "Democratic currency" revealed more about Chinese people (disclose: I am) than about the currency. Under a strong government we are so thirst of democracy that we hurry to label any anti-authority ideas with it. Anyone looking at how much influence a single undemocratic entity like Mt.Gox can have on the value and trustworthiness and usefulness of BTC and still calling it "democratic currency" is clearly deeply ignorant about what democracy really means. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 24, 2014, 03:12:12 AM #Poster Highlights Translation# NO.3
Find the unique point is the point for buying Altcoin When we speculate in this democurrency market, we need to find the unique point of each democurrency, every unique point can support only one democurrency. For example: BTC: first democurrency, most well-known. Doge: NO.1 hashing power of scrypt algorithm. LTC: first coin to adopt scrypt algorithm. IFC: first coin to have a quick issue, big money supply and short block time. XPM: first coin to adopt a mining algorithm than can help find prime numbers. For more useful discussions and analysis, click here: http://www.bit-sky.com/index.php/english You'll find more than you expect!~ Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: donjoe on February 24, 2014, 08:02:52 PM Quote from: http://www.bit-sky.com/index.php/english/358-20140222-16-30-trend-analysis-of-democurrency MT rebounded sharply last night, price went up from 100 to 250 quickly. From the chart pattern, the rise will continue. Then GoxBTC drops again, thenBecause a company claimed to buy coins in MT, together with big money rushing into MT, MT’s abnormal price has basically become history. \"One rotten apple could ruin a whole barrel of apples.\" :D :D :DAnd MT is such a huge stinking and irritating apple! There is no way to analyze, because the whole democurrency world is led by the nose by MT. [...] The harm of ignorance has now manifested. The problem is, in the face of such a new thing, who dares to say he is not ignorant? Gotta love this "wise man from China" and his predictions. Confucius say... Bitcoin prediction is as trout in mountain stream: when you think you have firmest grasp on it, trout has already slipped away. Confucius and everybody else who ever tried to predict the value of Bitcoin. :P Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 25, 2014, 01:36:57 AM Today's analysis(February 24,17:12, Beijing time)
http://www.bit-sky.com/index.php/english/378-20140224-17-12-trend-analysis-of-democurrency no way to analyse because of goddamed MT! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 25, 2014, 02:38:16 PM Today's analysis(February 25,17:52, Beijing time)
http://www.bit-sky.com/index.php/english/386-20140225-17-52-trend-analysis-of-democurrency MT finally dead, new way of speculating. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 27, 2014, 02:55:50 AM Today's analysis(February 26,15:00, Beijing time)
http://www.bit-sky.com/index.php/english/394-20140226-15-00-trend-analysis-of-democurrency MT may soon resume BTC withdrawal in my opinion. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: derpinheimer on February 27, 2014, 02:57:32 AM Today's analysis(February 26,15:00, Beijing time) http://www.bit-sky.com/index.php/english/394-20140226-15-00-trend-analysis-of-democurrency MT may soon resume BTC withdrawal in my opinion. Where do you get such an idea from? Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: fcmatt on February 27, 2014, 03:28:19 AM #Poster Highlights Translation# NO.3 Find the unique point is the point for buying Altcoin When we speculate in this democurrency market, we need to find the unique point of each democurrency, every unique point can support only one democurrency. For example: BTC: first democurrency, most well-known. Doge: NO.1 hashing power of scrypt algorithm. LTC: first coin to adopt scrypt algorithm. IFC: first coin to have a quick issue, big money supply and short block time. XPM: first coin to adopt a mining algorithm than can help find prime numbers. For more useful discussions and analysis, click here: http://www.bit-sky.com/index.php/english You'll find more than you expect!~ Ltc still has more hashing power.... Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: zhangweiwu on February 27, 2014, 06:55:30 AM For more useful discussions and analysis, click here: http://www.bit-sky.com/index.php/english That page says Code: MySQL server has gone away SQL=SELECT b.rules You mentioned "math rules", democracy is "people rules", from Greek [ demos 'people' + -kratia 'rule' ]. If you meant what you said, that name can be "arithmocractic currency", from Greek [ arithmos 'number' = -kratia 'rule' ]. My personal opinion is that the world of "democurrency" (If you insit on that name) is troubled enough, no need new labels to derange it until a really new/good idea gets created. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 27, 2014, 07:33:05 AM Today's analysis(February 26,15:00, Beijing time) http://www.bit-sky.com/index.php/english/394-20140226-15-00-trend-analysis-of-democurrency MT may soon resume BTC withdrawal in my opinion. Where do you get such an idea from? Reasoning. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 27, 2014, 07:43:20 AM #Poster Highlights Translation# NO.3 Find the unique point is the point for buying Altcoin When we speculate in this democurrency market, we need to find the unique point of each democurrency, every unique point can support only one democurrency. For example: BTC: first democurrency, most well-known. Doge: NO.1 hashing power of scrypt algorithm. LTC: first coin to adopt scrypt algorithm. IFC: first coin to have a quick issue, big money supply and short block time. XPM: first coin to adopt a mining algorithm than can help find prime numbers. For more useful discussions and analysis, click here: http://www.bit-sky.com/index.php/english You'll find more than you expect!~ Ltc still has more hashing power.... You are right, the market maker of Doge seems to have given up. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: ionide on February 27, 2014, 07:46:13 AM Michael,
Love your work. Very interesting analyses; thanks very much for the recent english translations. Does "market maker" refer to the group responsible for creating the currency? Who is the "author"? Any recommendations for a reliable service to use to trade USD for IFC? Thank you. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 27, 2014, 07:58:46 AM For more useful discussions and analysis, click here: http://www.bit-sky.com/index.php/english That page says Code: MySQL server has gone away SQL=SELECT b.rules You mentioned "math rules", democracy is "people rules", from Greek [ demos 'people' + -kratia 'rule' ]. If you meant what you said, that name can be "arithmocractic currency", from Greek [ arithmos 'number' = -kratia 'rule' ]. My personal opinion is that the world of "democurrency" (If you insit on that name) is troubled enough, no need new labels to derange it until a really new/good idea gets created. Oops, just a few minutes of 'updating', it's going all right now. As for your opinion with regard to the name, I agree with you personally. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 27, 2014, 08:19:43 AM Michael, Love your work. Very interesting analyses; thanks very much for the recent english translations. Does "market maker" refer to the group responsible for creating the currency? Who is the "author"? Any recommendations for a reliable service to use to trade USD for IFC? Thank you. The market maker here refers to a group or an individual who has enough money and skills to acquire most coins available on the market (thus making him capable of manipulating the price easily) and ultimately maker huge profits by drinking the blood of retail investors. More often than not, the issuer of a certian coin, if they have pre-mined the coins a lot, may want to do the job of a market maker, but it's very rare because they are not professional in this aspect. As for the author, he is a friend of mine who is proficent in cryptology, computer, speculation and finance. In democurrency world, he feels just like a fish in water. To trade USD for IFC, well, Cryptsy is dangerous, don't touch it. IFC often cannot be withdrawn from it. Most IFC are traded on a Chinese trading center, www.bter.com, you may consider buying IFC here with your LTC. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 28, 2014, 02:11:51 AM Today's analysis(February 26,15:00, Beijing time) http://www.bit-sky.com/index.php/english/394-20140226-15-00-trend-analysis-of-democurrency MT may soon resume BTC withdrawal in my opinion. Where do you get such an idea from? Reasoning. You can also call it a "wild guess", see further analysis on MT here: http://www.bit-sky.com/index.php/english/391-further-analysis-on-mt-conspiracy Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: TonyZX on February 28, 2014, 05:09:54 AM Thanks for the links! Great job - your analyses are great! A lot of information to read and a lot to think about!
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 28, 2014, 05:45:57 AM Today's analysis(February 27,14:09, Beijing time)
http://www.bit-sky.com/index.php/english/402-20140227-14-09-trend-analysis-of-democurrency With panic fading away, the market is ready to rebound. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on February 28, 2014, 02:22:58 PM Today's analysis(February 28,16:20, Beijing time)
http://www.bit-sky.com/index.php/english/408-20140228-16-20-trend-analysis-of-democurrency Wait for the shadow of MT to dissipate. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: BitOnyx on February 28, 2014, 03:04:16 PM There are certain trends that are easy to notice on market, creating any kind of expectations towards future also might influence market in one way or another. Something what wasn't true might become true after we find loud enough tube that everyone would listen to and fallow the lead. It would be nice if our friends would not only make prognoses but also mention some proper reason. Being too rational or not being rational enough is no reason a all.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 02, 2014, 06:11:39 AM Today's analysis(March 1st,17:55, Beijing time)
No matter how the MT event ends, there are no more bad news in the market (unless the wicked market maker creates another one), patiently wait for the rebound. Welcome to follow my twitter @democurrency, daily analysis will also be updated timely on twitter ;) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 03, 2014, 01:44:56 PM Today's analysis(March 2nd,16:00, Beijing time)
http://www.bit-sky.com/index.php/english/424-201400302-16-00-trend-analysis-of-democurrency No matter how MT event ends, the result would be positive for the market. Fully loaded with BTC and wait patiently. twitter: @democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 03, 2014, 01:51:23 PM Today's analysis(March 3rd,16:40, Beijing time)
http://www.bit-sky.com/index.php/english/427-20140303-16-40-trend-analysis-of-democurrency With a number of good news recently, the next rise is bound to be very impressive once new money comes in. twitter: @democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: dedcoin on March 03, 2014, 09:11:40 PM What's the problem with alt-coins? I just went 100% Litecoin ???
Once BTC will stabilize in $700 Litecoin will rally. ...That's my hope at least. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 04, 2014, 12:50:37 AM What's the problem with alt-coins? I just went 100% Litecoin ??? Once BTC will stabilize in $700 Litecoin will rally. ...That's my hope at least. I'm afraid your position of Litecoin is too high, 100% is not so rational. Litecoin is just one of the altcoins, don't put too much hope on it. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 04, 2014, 07:28:59 AM Today's analysis
http://www.bit-sky.com/index.php/english/429-20140304-14-10-trend-analysis-of-democurrency In 2014, Bitcoin will continue its crazy rise! twitter: @democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: dedcoin on March 04, 2014, 07:53:49 AM What's the problem with alt-coins? I just went 100% Litecoin ??? Once BTC will stabilize in $700 Litecoin will rally. ...That's my hope at least. I'm afraid your position of Litecoin is too high, 100% is not so rational. Litecoin is just one of the altcoins, don't put too much hope on it. Well, the point is that I bought at 0.023 ltc/btc. This ratio is quite low, at normal times it's 0.025. and when BTC rallies it reaches 0.03. With an ATH 0.05, I thought that this was a valid risk. IMO, Litecoin is probably one of the safest altcoins out there, but I agree that it's kinda risky .. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 04, 2014, 09:14:26 AM Money contributes more to bad guys,so does Bitcoin
Let’s imagine a world without money, and think how good guys and bad guys behave in this money-free world. The good guys get their wanted commodity through barter. Although it’s not convenient and a bit troublesome, but everyone can eventually get what they want. As for the bad guys (thieves, for example), if they steal a lot of goods of low value, they would find it difficult to carry these stolen goods. If they steal goods of high value, when they exchange the goods for something like food, they’ll get a lot of goods of low value which can’t be easily transported either. The point is, the bad guys need to carry all his property with him all time to make it easier to escape once found by the police. Therefore, the bad guys badly need something that is universally recognized, of high value, highly divisible, and can be easily stored and transported. What kind of goods measures up to these standards? that is money! So, money contributes more to the bad guys than to the good guys. It is safe to say that currency actually enhanced the ability of bad guys to encroach social wealth. From the discussion above, we can easily understand why bad guys are the first to use BTC. Consequently, we should not ban Bitcoin. As a matter of fact, all the latest technology: weapons, communications technology, transportation technology, camouflage and so on, contributes more to the bad guys than to the good guys. We should be relieved when we recognize that this is actually the law of the world. Of course, with the development of technology and improvement of our life, there will be less bad guys and less bad behaviours. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: dedcoin on March 04, 2014, 09:21:58 AM I think I made a good deal :)
LTC just went to the moon because of BTCChina Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 04, 2014, 12:05:11 PM I think I made a good deal :) LTC just went to the moon because of BTCChina congratulations! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: dedcoin on March 04, 2014, 02:27:23 PM I think I made a good deal :) LTC just went to the moon because of BTCChina congratulations! Thanks. When you have time, can you please update us on the current state of mind in China? Especially that China didn't enforce the ban on the exchanges. Is it still fuzzy, or can we interpret this as a clear to go? Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 05, 2014, 02:45:09 AM [/quote] Thanks. When you have time, can you please update us on the current state of mind in China? Especially that China didn't enforce the ban on the exchanges. Is it still fuzzy, or can we interpret this as a clear to go? [/quote] For the current state of mind of Chinese Government, as you said, it is still fuzzy. I think the government is still learning BTC and weighing the prons an cons, this is too much new and too much powerful for them. I believe they also pay close attention to the attitudes of other countries. In a word, Chinese goverment is still standing at a crossroads, I'll certainly tell you the latest develeopment of their attitude in this post. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 06, 2014, 06:38:52 AM Today's analysis
http://www.bit-sky.com/index.php/english/442-trend-analysis-of-democurrency twitter: @democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 06, 2014, 07:52:01 AM Today's analysis:
http://www.bit-sky.com/index.php/english/447-gmt-20140306-06-40-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: El Dude on March 06, 2014, 12:05:31 PM What's the problem with alt-coins? I just went 100% Litecoin ??? Once BTC will stabilize in $700 Litecoin will rally. ...That's my hope at least. I'm afraid your position of Litecoin is too high, 100% is not so rational. Litecoin is just one of the altcoins, don't put too much hope on it. this is where you're wrong , Litecoin is not just another altcoin , Litecoin dev team have made improvements to the bitcoin protocol. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Siegfried on March 07, 2014, 05:49:33 AM I love your analysis, thanks for sharing in English. I do hope you are wrong about Litecoin, though.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 07, 2014, 07:12:46 AM Today's analysis:
http://www.bit-sky.com/index.php/english/456-gmt-20140307-06-40-trend-analysis-of-democurrency Today we created "Altcoin index" to represent the performance and fluctuation of altcoins. "Altcoin index" has been going down for one month. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 07, 2014, 07:34:02 AM Why democurrency is a better word to define coins like BTC?
http://www.bit-sky.com/index.php/english/457-why-democurrency-is-a-better-word-to-define-coins-like-btc comments and suggestions are welcome! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 08, 2014, 04:00:16 PM Today's analysis
http://www.bit-sky.com/index.php/english/467-gmt-20140308-15-40-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Jeezy911 on March 08, 2014, 04:06:28 PM Please keep them coming Michael, this is amazing!
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 09, 2014, 10:40:48 AM Today's analysis:
http://www.bit-sky.com/index.php/english/474-gmt-20140309-07-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: zackclark70 on March 09, 2014, 10:44:39 AM What does he think about Bitstamp? Will it go under 500? He mentioned Bitstamp a few days ago. In his opinion, Bitstamp is much more reliable than MT for the time being, at least it's not cheating. As for the price, it's hard to say right now.I wonder why he like IFC so much? a look at it's chart since inception is pretty unimpressive. Good question, why does he favor IFC so much? I collected the author's statements in the poster and translated them into English, the full analysis on IFC is here: http://www.bit-sky.com/index.php/english/357-20140222-17-15-special-analysis-on-ifc IFC: Max money supply: 90,600,000,000 Price: 0.00048 RMB right now (www.bter.com) Block time: 30 seconds As you can see, IFC has a gigantic issue size, an extremely low price and can be confirmed quickly. IFC enjoys good popularity in China. There are a lot of IFC websites, forums, and even TV advertisements. Most important, its mining is coming to an end, only few coins are mined out everyday. This way, the price of IFC will not be pressed by the selling of newly-mined coins, it can rise with much more ease. For BTC, newly-mined coins everyday is about 1.6 million dollars, Litecoin 400,000 dollars, Doge 400,000 dollars. For a coin without the selling of newly-mined coins, the price is difficult to fall. On the flip side, even a small amount of buying can pull up the price. As a result, the market maker will be able to pull up the price easily and make much profit. The author detected the existence of a market maker (on a big Chinese trading platform www.bter.com) in December last year, and successfully predicted his movement of pulling the price from 0.00051 to 0.0097 within 10 hours. Then the market maker somewhat stopped pulling (he is supposed to pull higher and attract new buyers), and began to act against the author, he turned around to lower the price in order to absorb more coins, I guess the reason is that the market maker suddenly saw the poster. The author possesses 1.5 billon coins, together with his readers’ buying, there are about 10 billion coins. This is the main reason why the market maker acted against him, he wants to grab the coins out of his hands. From January 27 to today, the price of IFC has been going down continuously for 25 days. It doesn\'t fall with BTC, neither does it rise with Doge, it behaved abnormally and began to dive recently(see the chart below)，now the price is lower than the market maker’s position-building cost. It is a golden opportunity to buy in! http://www.bit-sky.com/images/2.jpg Despite the author’s favor on IFC, he now seems to be sick and tired of playing mind games with the market maker. IFC also has its drawbacks, worry about its hashing power, risk of 51% attack, etc.. The author suggested 10% allocation of your money on this coin. You may lose, of course. Anyway, what we are playing is probability. [/quote he should look at ADT as well as IFC :) ( last cryptsy trading price was around 0.00000050 LTC Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 11, 2014, 01:23:25 AM Today's analysis:
http://www.bit-sky.com/index.php/english/485-gmt-20140310-07-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 11, 2014, 11:57:59 AM Today's analysis
http://www.bit-sky.com/index.php/english/496-gmt-20140311-07-40-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 12, 2014, 11:01:15 AM Today's analysis
http://www.bit-sky.com/index.php/zh-CN/english/508-gmt-20140311-08-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 12, 2014, 12:00:36 PM 20140312 Special analysis on Dogecoin
http://www.bit-sky.com/index.php/zh-CN/english/509-20140312-special-analysis-on-doge Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 13, 2014, 01:05:17 PM 20140312 Special analysis on Auroracoin
http://www.bit-sky.com/index.php/english/510-20140312-special-analysis-on-auroracoin Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 13, 2014, 02:18:12 PM Today's analysis:
http://www.bit-sky.com/index.php/english/516-gmt-20140313-09-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 14, 2014, 07:10:48 AM Good news for Bitcoin and Democurrency！China central bank orders halt to online payments using QR codes
http://www.bit-sky.com/index.php/english/519-china-central-bank-orders-halt-to-online-payments-using-qr-codes-good-news-for-bitcoin-and-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 14, 2014, 03:16:49 PM Today's analysis
http://www.bit-sky.com/index.php/english/523-gmt-20140314-07-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 14, 2014, 03:21:01 PM Today's analysis
http://www.bit-sky.com/index.php/english/523-gmt-20140314-07-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 14, 2014, 03:39:21 PM Selling Peking opera characters postcards, only accept Bitcoin https://www.facebook.com/pekingopera ;D Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 16, 2014, 02:28:38 PM Today's analysis http://www.bit-sky.com/index.php/english/531-gmt2014031512-30-trend-analysis-of-democurrency
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 16, 2014, 02:40:29 PM Today's analysis http://www.bit-sky.com/index.php/english/538-gmt20140316-7-30-trend-analysis-of-democurrency
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Bit_Happy on March 17, 2014, 04:34:12 AM Today's analysis http://www.bit-sky.com/index.php/english/538-gmt20140316-7-30-trend-analysis-of-democurrency Here is the newest: Bitcoin: Bitcoin is moving sideways with no trading volume. The falling trend is going to an end, it may be ready to rebound. Litecoin: It was rising during the past 24 hours, it may rise further in the short term, but the rise would not exceed 20%. Doge: It’s still falling, don’t touch it, be patient. Investors should know that bitcoin and altcoin market is different, you can buy bitcoin before the bottom, because the future is certain; but for altcoin, you must wait until the bottom has emerged, because no one knows where the bottom is. Today, altcoin index is 8.61, down 0.1%; altcoin index 2 is 2.83, down 10%; altcoins will continue falling until new money comes in. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 18, 2014, 04:41:10 AM Here is the newest: Thanks. The site does load eventually, it just takes hours. We are trying to improve our website, thank you for your understanding. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Jeezy911 on March 18, 2014, 05:40:11 AM Site has been fine for me, its probably the Best day to day analysis I trust. Post every day and I will read every day.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Siegfried on March 18, 2014, 05:54:02 AM Site has been fine for me, its probably the Best day to day analysis I trust. Post every day and I will read every day. Me too. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 18, 2014, 07:32:33 AM Today's analysis(to be continued)
http://www.bit-sky.com/index.php/english/554-gmt20140318-7-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 18, 2014, 01:54:24 PM Today's analysis(part 2)
http://www.bit-sky.com/index.php/english/558-gmt20140318-trend-analysis-of-democurrency-part2 Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 19, 2014, 01:07:27 PM Today's analysis:
http://www.bit-sky.com/index.php/english/566-gmt20140319-7-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 19, 2014, 01:24:01 PM Bitcoin is bound to rise if another 5 billon RMB comes in
http://www.bit-sky.com/index.php/english/568-bitcoin-is-bound-to-rise-if-another-5-billon-rmb-comes-in Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: lynn_402 on March 19, 2014, 01:30:26 PM Bitcoin is bound to rise if another 5 billon RMB comes in http://www.bit-sky.com/index.php/english/568-bitcoin-is-bound-to-rise-if-another-5-billon-rmb-comes-in That just awoke the bull that was sleeping in me. Thank you for posting this! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 20, 2014, 01:51:12 PM Today's analysis:
http://www.bit-sky.com/index.php/english/574-gmt20140320-7-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 21, 2014, 08:02:32 AM Demi-mini History of Currency: God currency—Government currency—Democurrency（part 1）
http://www.bit-sky.com/index.php/english/588-a-brief-history-of-currency-god-currency-government-currency-democurrency-part-1 Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 21, 2014, 08:15:42 AM MT.Gox's announcement of "finding back" 200K Bitcoins confirms my conpiracy theory
http://www.bit-sky.com/index.php/english/590-mt-gox-s-announcement-yesterday-confirms-my-prediction Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Okurkabinladin on March 21, 2014, 11:27:45 AM http://live.sina.com.cn/zt/l/v/finance/globalnews1/
Does central bank of China really want to ban bitcoin locally? Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 21, 2014, 01:32:49 PM http://live.sina.com.cn/zt/l/v/finance/globalnews1/ Does central bank of China really want to ban bitcoin locally? see my analysis today: http://www.bit-sky.com/index.php/english/593-sina-com-china-central-bank-requires-to-stop-all-btc-trading-before-april-15th Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 21, 2014, 01:33:39 PM Today's analysis:
http://www.bit-sky.com/index.php/english/595-auto-generate-from-title Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 21, 2014, 02:09:48 PM China Central Bank says in its official weibo that the news about #bitcoin trading ban is fake
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 23, 2014, 12:40:43 PM Today's analysis：
http://www.bit-sky.com/index.php/english/604-gmt20140322-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Kramerc on March 23, 2014, 12:45:16 PM Today's analysis： http://www.bit-sky.com/index.php/english/604-gmt20140322-9-00-trend-analysis-of-democurrency What about today's (23rd)? I've already consumed this yesterday ;) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 23, 2014, 12:59:35 PM Today's analysis:
http://www.bit-sky.com/index.php/english/612-gmt20140323-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 23, 2014, 01:03:24 PM Today's analysis： http://www.bit-sky.com/index.php/english/604-gmt20140322-9-00-trend-analysis-of-democurrency What about today's (23rd)? I've already consumed this yesterday ;) For everyday's analysis, my twitter @democurrency comes out first, then the website, then here. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Kramerc on March 23, 2014, 01:08:04 PM http://www.bit-sky.com/index.php/english/612-gmt20140323-9-00-trend-analysis-of-democurrency
I think you just posted a wrong link, that's all. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 24, 2014, 09:25:28 AM Today's analysis:
http://www.bit-sky.com/index.php/english/619-gmt20140324-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 25, 2014, 11:45:10 AM Today's analysis:
http://www.bit-sky.com/index.php/english/626-gmt20150324-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: counter on March 25, 2014, 07:00:07 PM Many thanks to the OP for bringing this site to the attention of the rest of us. I'll be checking in from time to time and compare the information I find with other sites I visit on occasion.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 26, 2014, 07:09:35 AM Today's analysis：
http://www.bit-sky.com/index.php/english/633-gmt20150326-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 27, 2014, 08:26:33 AM Today's analysis：
http://www.bit-sky.com/index.php/english/643-gmt20150327-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 28, 2014, 07:32:31 AM Today's analysis:
http://www.bit-sky.com/index.php/english/653-gmt20150328-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 29, 2014, 04:53:38 PM Today's analysis:
http://www.bit-sky.com/index.php/english/662-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 29, 2014, 05:14:13 PM A deputy director of People's Bank of China says bitcoin is a kind of nongovernmental currency
http://www.bit-sky.com/index.php/english/663-nongovernmental-currency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 29, 2014, 05:18:55 PM The first bitcoin hardware wallet may come from China
http://www.bit-sky.com/index.php/english/664-annoucement-of-bitcoin-hardware-wallet Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Bit_Happy on March 29, 2014, 07:26:06 PM A deputy director of People's Bank of China says bitcoin is a kind of nongovernmental currency http://www.bit-sky.com/index.php/english/663-nongovernmental-currency That sounds really good. :) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: zhangweiwu on March 30, 2014, 06:33:24 AM A deputy director of People's Bank of China says bitcoin is a kind of nongovernmental currency http://www.bit-sky.com/index.php/english/663-nongovernmental-currency That sounds really good. :) The reason that market did not respond (in fact, faltered a bit) after his speech is: 1) he stated he didn't represent PBOC in this speech; 2) he gave 9 bullet points on Internet Finance industry, this is only one of them; and 3) in January he promptly spoke of three 'red line' that PBOC is to respond, one of them is "people's rainy day saving being invested in Internet based financing sheme" (吸收公众存款的红线), which is what Bitcoin intends to be - ironically enough, Bitcoin intendted to protect PBOC (central bank) pouring rain on people. That speech is less credable than the recently revealed-but-not-executed plan to cleanse 15 bitcoin exchanges' bank account. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Blue on March 30, 2014, 10:31:06 AM why do all the analysis topics mention "2015" as their date ??
example: GMT20150329 9：00 Trend analysis of democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 30, 2014, 10:37:38 AM Today's analysis:
http://www.bit-sky.com/index.php/english/670-330democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on March 31, 2014, 02:44:35 PM Today's analysis:
http://www.bit-sky.com/index.php/english/679-analysis Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on April 02, 2014, 11:32:37 AM Today's analysis:
http://www.bit-sky.com/index.php/english/690-gmt20140402-9-00-trend-analysis-of-democurrency Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on April 02, 2014, 11:45:38 AM why do all the analysis topics mention "2015" as their date ?? example: GMT20150329 9：00 Trend analysis of democurrency Thanks, already corrected ;) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: michaelzhang on April 03, 2014, 06:42:13 AM Technical White Paper of Hardbit—a Bitcoin Hardware Wallet(part one)
http://www.bit-sky.com/index.php/english/692-hardbit-hardware-wallet Our hardware wallet is named HardBit, how do you like this name? ;) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Kramerc on April 03, 2014, 08:25:07 AM Technical White Paper of Hardbit—a Bitcoin Hardware Wallet(part one) http://www.bit-sky.com/index.php/english/692-hardbit-hardware-wallet Our hardware wallet is named HardBit, how do you like this name? ;) How about BitWare? ;) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: railzand on April 03, 2014, 11:18:37 AM Technical White Paper of Hardbit—a Bitcoin Hardware Wallet(part one) http://www.bit-sky.com/index.php/english/692-hardbit-hardware-wallet Our hardware wallet is named HardBit, how do you like this name? ;) Excellent Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: ionide on April 10, 2014, 05:55:00 PM Until a week ago, he was consistently putting out analysis daily. At least in the english section, he's now silent. Why? )':
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Arghhh on April 10, 2014, 08:53:00 PM Probably being "re-educated" for promoting democracy... haha
(I hope this isn't true) Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: rudius on April 10, 2014, 08:56:09 PM he said multiple time that 600$ was the bottom.
He must feel bad. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: YipYip on April 10, 2014, 09:10:58 PM Probably being "re-educated" for promoting democracy... haha (I hope this isn't true) ..lolz I think he has been sent to the special fried chikun gulag in the wong ding dong provence Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: MrBlacky on April 10, 2014, 09:28:28 PM They are still posting on the Chinese section daily, but it's hard to read it with Google Translate and I don't think it's the same person.
He was right that $600 is bottom, but that was before China bank run. Probably some angry Chinese mobsters who invested in BTC are not chasing him down. We can only wish him best of luck! Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: rudius on April 10, 2014, 10:07:20 PM He was right that $600 is bottom, but that was before China bank run. i m ok with it. I have waiting til today before buying. When you are councelling people, it must be hard. Just saying. Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: ionide on April 23, 2014, 08:29:24 AM he said multiple time that 600$ was the bottom. He must feel bad. Nobody can predict the future with 100% accuracy! Much less when the very act of your prediction can alter the future, whether it become self-fulfilling in the case of many followers, or intentionally contradicted by the market maker, as it seems to have been in the case of IFC 2 months ago. Please guide me! I wanna know your opinion whether it's 100% accurate or not, Michael! <3 Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: akujin on April 23, 2014, 08:41:17 AM He's gone... Some chinese abandoned bitcoin.... jejeje ;D ;D ;D
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: Siegfried on April 24, 2014, 11:13:50 AM I was disappointed that the English posts stopped, but that just forced me to read the Chinese posts, which I find to be very insightful. It is quite fun to read Bitcoin analysis in Chinese.
Title: Re: Amazing daily analysis on cryptocurrencies from China Post by: zhangweiwu on May 12, 2014, 03:27:02 PM He's gone... Some chinese abandoned bitcoin.... jejeje ;D ;D ;D Or recruited to work for one of the bitcoin business to write for them. People who can talk Bitcoin without even basic concept mistakes are lacking in all major Chinese exchanges, if you can, you are invited - only that it is not a good moment in China to recuit people IMHO. |
