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141  Alternate cryptocurrencies / Altcoin Discussion / TRON Technical Analysis- Feb 7, 2019- TRX Price Surged, Bulls Are back? on: February 07, 2019, 03:21:23 PM
#1 Key Highlights

Uptrend line since December'2018 broken.
 
Bearish signs indicate slight downward action expected.
 
Resting over 10D and 20D EMAs.
 
Bullish as long as it stays above Ichimoku cloud.
 
#2 TRON [TRX] Price Analysis – Daily Chart TRX/USD

If we look at the Tron technical analysis today then one can conclude that it's has shown strong progress upward marking over 150% of gains, while major large-cap coins Ethereum and Bitcoin are marking major losses recently.

Let's look at the insights of Tron price analysis 2019 on its Daily-timeframe chart.

Please refer this link for Charts, As I am not allowed post images - https://coinswitch.co/news/tron-latest-technical-analysis-2019-02-07

Tron technical analysis

The long-term downtrend line (red line), since 20th June'2018, has been broken in the month of December'2018 with strong buy volume (interests).It has crossed the 200-Days MA (moving average) with bullish cross-over of 10 and 20 EMA (exponential average) followed by breaking the Ichimoku cloud. It has been undergoing a healthy correction before the next surge with two support level(green bars) to look after-$0.021 and $0.018.

MACD and Stoch-RSI indicator showing signs of weakness leading to a further downfall in the coming days but that doesn't make it completely bearish.

Also, one can't overlook the fact that the long-term uptrend line (dotted) since 15th December'2018 has been broken on 31st January'2019 showing a further correction and completing the last wave of Tron's Elliott wave theory.

#3 Conclusion

TRON has been the top rising cryptocurrencies even though there was a significant drop in total market cap of the cryptocurrencies market.

Tron wave has been strong and Tron analysis meaning showed progress making it one of the few opportunities acquiring positive return in the course of the last two weeks.
142  Alternate cryptocurrencies / Speculation (Altcoins) / Ethereum Price Analysis- Feb 7, 2019- ETH Price Dropped, Will The $100 Support L on: February 07, 2019, 01:32:26 PM
#1 Key Highlights

It has tested the $100 price level twice and moved 3+% so far.
 
Stock-RSI and MACD indicator showing signs of upcoming bullish momentum.
 
Immediate resistance price level $120+ needs to be broken for bullish action.
 
#2 Chart Analysis

Ethereum trading at $100+ price level is 36+% down since mid of January'2019 price level.Looking at the ethereum trends on daily chart timeframe, it's quite bearish and in downward direction apparently.

ETH/USD (ethereum ticker) tested the $100 support level on 6th February'19 and moved 3+% up.

Please see the charts here [I am not allowed to post images]

If we look at the ethereum price analysis today, then it has been testing the short-term downtrend line (red line) which needs to break to show signs of the bulls.Stoch-RSI is gaining momentum upwards which is a good sign. Along with it, MACD has been curving up and moving towards the bulls territory.

Ethereum has lots of hurdles to cross to support bullish momentum. It needs to cross long-term downtrend line (dotted line) followed by $120+ resistance level.

Bearish signs can't be ignored as well if we look at the ethereum technical analysis today. Firstly, it has tested 200-Day MA (moving average) on 6th January' 2019 but couldn't break it despite bullish ethereum news consisting of forks.

#3 Conclusion

Looking at ethereum technical analysis today, its difficult to conclude whether we see more downside or upside in the coming days. Mixed signs of Bulls, as well as Bears, is visible on the ethereum price analysis 2019.
143  Bitcoin / Bitcoin Discussion / Re: How to keep the BitCoins Safe? on: February 05, 2019, 01:08:48 PM
    • Exchanges - Instant exchanges only, Changelly, ChangeNow, CoinSwitch etc.

    If your lesson from yet another exchange going under is to keep your coins at a different kind of exchange you learned the wrong lesson Grin

    Don't keep coins on an exchange unless you are actively trading with them. Period. No ifs, no buts, no exceptions. With the exception of decentralized exchanges where you are in control of your own private keys, every exchange is a custodial exchange.


    • Wallets - Divided into two parts - Ledger NANO S for long term investment, and keeping the funds safe, MultiCurrency wallet for trading, ex - Gaurda Wallet, Exodus Wallet

    You can use hardware wallets such as the Ledger Nano or Trezor as both a hot and cold wallet. They are secure enough to serve as cold storage and convenient enough to move coins in and out at your leisure. If you hold significant funds in your hardware wallet and plan on spending coins on the go it will make sense to keep a separate mobile wallet however.


    There are too many Bitcoin lost so far.

    [...]

    Mt. Gox

    Don't worry, those coins are not lost. They simply belong to someone else now.

    The exchanges which I have mentioned are Non Custodial Exchanges, they do not store your coins with them. You send them from your wallet and receive the coins after exchanging back in your wallet only, I personally rely on such exchanges only, and https://coinswitch.co/ and is one of them.[/list]
    144  Bitcoin / Bitcoin Discussion / Re: How to keep the BitCoins Safe? on: February 05, 2019, 11:51:27 AM
    Wallets - Divided into two parts - Ledger NANO S for long term investment, and keeping the funds safe, MultiCurrency wallet for trading, ex - Gaurda Wallet, Exodus Wallet

    Still we have problem. How are you going to prevent this kind of death case. Every time a case like this is happening we are locking more Bitcoin. There are suppose to be 21 millions of Bitcoin but I doubt at the end ever we will have 15 millions.

    There are too many Bitcoin lost so far.

    satoshi
    Mt. Gox
    The guy lost his hard drive
    and many more incidence.

    It is the exchange's way of handling the assets poorly, how can you rely on a human being, there are multi signature wallets, use them. There are companies like CoinBase and fidelity also recently announced that they will be starting a crypto fund management company. It is sheer stupidity on exchange's side to keep hold of coins in such a poorly organised manner. Here machines are not reliable and servers are getting hacked, and companies are relying on humans. I think one should only use there own wallets, use paper wallets, ledger NANO, these days we can directly plugin Trezor and trade using many exchanges, you can read here - https://blog.coinswitch.co/coinswitch-exchange-api-integrated-into-trezor-wallet-b7042c6ea640
    145  Bitcoin / Bitcoin Discussion / How to keep the BitCoins Safe? on: February 05, 2019, 10:04:50 AM
    Hack and Hacks, every day I am waking up to the news of crypto exchanges getting hacked, recently a crypto exchanges founder died and he seem to have a hold of $190 million worth of BitCoins with him.
    I have taken a pledge of never using a custodial exchanges, even if it is Binance, and not matter how much CZ says that he will keep the cryptos SAFU, I am not doing the mistake of keeping my money at stake.

    I did a detailed study of what exchanges to use and what wallets to use -
     
    • Exchanges - Instant exchanges only, Changelly, ChangeNow, CoinSwitch etc.
    • Wallets - Divided into two parts - Ledger NANO S for long term investment, and keeping the funds safe, MultiCurrency wallet for trading, ex - Gaurda Wallet, Exodus Wallet

    Let me know what you guys think.
    146  Alternate cryptocurrencies / Altcoin Discussion / Re: Ether or altcoins? on: February 05, 2019, 09:50:25 AM
    I would bet on both, I invest 50% of the money which I want to invest in BitCoin, then remaining 30% on Ethereum, rest 20% I divide in AltCoins, AltCoins are way cheaper then BTC and ETH, so in 20% of the money, I am able to accumulate a basket of AltCoins.

    Now the question is which AltCoin to buy, in the current scenario, lot of myths exists in the industry around various coins. I personally prefer to read upto some extent about the team and what does the coin do, one simple fundamental I follow is to read about the team working behind the coin's development, more than anyone else, it is the team which matters the most.
    I think Vitalik and the team should be given a lot of credit to the state of ETH today.

    AltCoins that I have picked up are -

    1.Tron, and EOS, reason both are having lot of dApps, built around them today. At least some promise exists where gmaing and gambling industry are using crypto.
    2.Then I have invested in some of the coins which I personally think would grow big because of the fundamental of the coin, BAT i.e Basic Attention Token, 0X, Maker and SiaCoin.

    You can and you should do your own analysis before you start to invest.

    Exchanges and wallet which I use -

    Hacks hacks and so many hacks have happened in the recent pasts , Everyone Should understand the risk associated with investing -

    The same way you’d understand the risks associated with building a house, before you go build it. Or if you’re going to transport 1 tonne of Gold, you wouldn't do that in a wheelbarrow for everyone to see — you’d do it an armored truck, with 4 guards. The same way you don’t go to the bank, withdraw a bunch of cash and walk down the street waving it around.

    Wallets - Ledger nano s for long term storage of coins, multi currency wallets like Gaurda to store coins for trading,.
    Exchanges - CoinSwitch Exchange for trading, they have the maximum no. of AltCoins with them.


    147  Economy / Currency exchange / Re: Buy Cryptocurrencies using Credit Card all across the Globe on: January 28, 2019, 01:06:14 PM
    You can Buy 148 Coins, using CoinSwitch exchange, buy in USD, EUR AND Japanese YEN - https://coinswitch.co/app/exchange?from=usd&to=xrp

    You can also trade 500+ coins.
    Is it peer to peer trade? Are you owner or team member of the exchange? Are you taking responsibility of anything if there is any fault of the site?

    You can read our reviews on TrustPilot - https://www.trustpilot.com/review/coinswitch.co
    I am a part of customer support team, and you can reach out to me on support@coinswitch.co for any queries and issues related to exchange.
    148  Economy / Currency exchange / Re: Buy Cryptocurrencies using Credit Card all across the Globe on: January 28, 2019, 01:04:41 PM
    I just want to know if I need to verify ID or not want to buy anonymous with my credit card no ID or video bs

    Hi, if you want to buy from fiat, you have to use your credit card, you can exchange crypto to crypto anonymously, but if you want to trade from credit card you have to do KYC.
    149  Economy / Currency exchange / Re: Buy Cryptocurrencies using Credit Card all across the Globe on: January 28, 2019, 01:03:02 PM
    Do they need real ID or can I buy anonymous?

    Sorry to respond late, yes you can trade anonymously on coinswitch.co
    150  Alternate cryptocurrencies / Altcoin Discussion / XRP Market Cap May Be $6.1 Billion Overstated - Unqualified Opinions on: January 25, 2019, 08:52:55 AM
    I read in this thread that Ripple will die - https://bitcointalk.org/index.php?topic=3221282.new#new
    And then I wanted to read Ripple's tech, and its Quarterly report. After looking after lot of threads


    If history is a guide, Ripple is due to disclose its Q4 2018 transparency report as early as today. In advance of that report, we conducted extensive research into the health and legitimacy of the currently quoted XRP "market cap” available on third party crypto data services and exchanges. We believe the figure is significantly overstated; potentially by as much as $6.1 billion.

    Ripple’s Market Cap Is Likely Overstated by $6.1 Billion

    If history is a guide, Ripple is due to disclose its Q4 2018 transparency report as early as today. In advance of that report, we conducted extensive research into the health and legitimacy of the currently quoted XRP "market cap” available on third party crypto data services and exchanges. We believe the figure is significantly overstated; potentially by as much as $6.1 billion.

    We have reached out multiple times to Ripple representatives for comment, but have not yet received a response to our inquiries. We acknowledge that some of the estimates in this report lack precision, but believe they are directionally correct, and presented in good faith. We look forward to Ripple’s response, and will update this report accordingly if and when they do reply.

    Summary:

    + XRP’s liquid “circulating supply” and “market cap” could be overstated by 46%, which would put total XRP “market cap” at $6.9 billion vs. $13.0 billion widely reported at current USD-XRP exchange rate.

    + We recommend major indices, including Bloomberg-Galaxy, MVIS CryptoCompare, and the Bitwise 10 Large Cap Crypto Index, and others, as well as passive funds such as Grayscale’s Digital Large Cap, and Bitwise’s 10 Private Index Fund, review this report and reach out to us with questions regarding our methodology. (Our API documentation is available for review.) Pursuant to this report's finding that the true liquid market cap of XRP is significantly lower than previously reported, index weightings of XRP should likely be reduced. We do not believe reliance on Ripple’s XRP data API can be expected to yield accurate circulating supply figures in light of these findings. However, a more precise estimate of XRP supply will likely require proactive disclosures from Ripple, given the contractual restrictions the company has placed on a large percentage of its XRP resales.

    + In addition to the 59 billion XRP owned by Ripple and held on the company’s balance sheet (52.5 billion in long-term escrow, and 6.5 billion illiquid, but available for restricted sales), there could be significant, persistent sell-side pressure in the XRP market depending on the length and structure of selling restrictions placed on Ripple’s market making partners, a Ripple affiliated foundation, and Ripple’s co-founders, all of which appear to have negotiated rate limits for sales based on exchange trading volume of XRP.

    + Ripple has not shared the methodology or reference exchange data it uses to calculate trading volume for XRP, a critical data point that drives selling restrictions. More than 99% of XRP trading volume appears to come from overseas exchanges, many of which have been suspected of wash trading. We urge Ripple to disclose its volume-based selling methodology, as well as the amount of XRP subject to contractual volume-based selling limitations over time. This is necessary in order to help investors better understand the inflation and selling pressure in one of the industry’s largest assets, and is necessary to protect consumers and promote fair and efficient crypto markets.

    + A snapshot comparison of our circulating supply estimates vs. Ripple’s highlight the drastic difference between our deep dive and the company’s proposed statistics:

    Read more - https://messari.substack.com/p/xrp-market-cap-may-be-61-billion
    151  Bitcoin / Bitcoin Discussion / Re: Consensus Bitcoin Price Predictions on: January 22, 2019, 10:40:29 AM
    As the market is experiencing volatile conditions, we should back up the prediction with the market experts, who have been the mind and heart of the cryptocurrency market.Ronnie Moas, a cryptocurrency analyst predicted that BTC might reach $28,000 by 2019. He believes the demand for BTC would increase with its decreasing supply. He made it somewhat clear that by 2019, the adoption rate would increase and hence people would demand more of it. We must remember that BTC is not unlimited in supply.
    152  Bitcoin / Bitcoin Discussion / Re: What is the obstacle of Bitcoin? on: January 22, 2019, 08:16:25 AM
    The biggest problem with cryptocurrencies as payment systems is and will be volatility. To be secure and widely acceptable as payment method it needs to create security for the businesses first
    Bitcoin will always recover. Even if drops with 50% .Traders are still using it to get rich and theyll take advantage and buy . Volatility doesn't mean that bitcoin can go down to $50 Smiley) Bitcoin will never go lower than $2000 ( which might be its real price) as long as it is an alternate payment method in real life first, then on internet.
    153  Other / Beginners & Help / Re: How to convert tokens in MEW to ETH? on: January 10, 2019, 11:47:34 AM
    If you are looking for the most convenient way to scan Ethereum wallets and convert ERC-20 tokens you should consider using https://ethersweep.com

    The exchanges sites don't even come close to solving this problem for non-technical users.
    Most novice users lack the tech skills to register multiple exchange accounts and generate token specific Ethereum transactions to move tokens to the relevant exchanges and convert on the open market.
    For a quick way to convert ERC-20 tokens to ETH, without requiring tech skills or exchange accounts, or 4 days Googling, just use https://ethersweep.com - a one click solution to convert ERC-20 Tokens to ETH. Takes about fifteen seconds.


    That is indeed a great option. But do they support NON - ERC20 Tokens?
    154  Other / Beginners & Help / Re: How to convert tokens in MEW to ETH? on: January 10, 2019, 11:31:36 AM
    That said, how can I convert my IOStoken to ETH in the same wallet in MyEtherWallet? Or is it possible to convert it directly to my Bitcoin Wallet (coins.ph)? Because that is how I want it. Convert my tokens to BTC so I can convert it into my local money. Can you please give me a guide on how to convert it properly, because I am still a newbie and this is the first time I am paid by tokens.

    You can convert IOS token to Ethereum from CoinSwitch - https://coinswitch.co/coins/iostoken/iostoken-to-ethereum

    Step 1. Create an Order at CoinSwitch from the home page.
    Step 2. Select the best rates being offered for a particular trade.
    Step 3. Send the IOSTOKEN From your wallet to the mentioned address, add your recipient address where you want to receive your ETH
    Step 4. Your order is completed.

    155  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of Ripple on: January 09, 2019, 11:14:15 AM
    What is the future of Ripple?

    With a total market capitalisation of $26 billion USD , Ripple XRP is the third largest cryptocurrency in the world. It has a maximum supply of 100,000,000,000 XRP tokens, with currently about 39,241,525,848 tokens in circulation.

    The price of an individual Ripple coin is $0.68 USD. This is after some significant correction the token witnessed in the first half of 2018, along with the rest of the cryptocurrency market. Prior to this, XRP had continued to see a massive rise in prices, exceeding 10x returns within a matter of months on repeated occasions.
    156  Other / Beginners & Help / Re: What are the benefits of EOS? on: January 09, 2019, 10:44:41 AM
    1 - What is EOS?

    EOS has attained celebrity-like status in the cryptocurrency market - on the back of a very successful ICO, and because it’s seen a healthy rise in its price ever since news of its mainnet hit the markets.

    EOS: The Basics

    EOS is a decentralized operating system based on blockchain technology.  It is designed to support of decentralized applications on a commercial-scale by giving all the required core functionalities. These enable businesses to build the blockchain applications in a manner that stays similar to that of web-based applications.

    This blockchain network has also claimed to remove transaction fees and conduct millions of transactions within a second.

    The token name is EOS.
    It has a few major notable tech designs, such as DPoS consensus, 100,000+ TPS, zero transactional fees, ability to alter codes, etc.

    EOS Development

    At BlockShow Asia, on November 29, 2017, Block.one revealed a publicly available testing environment, known as EOSIO Single-Threaded Application Testnet (EOS STAT).   
    The entire plan of EOS was published in 2017 in a whitepaper.
    The EOSIO platform was developed by a private company, Block.one and was further released as an open-source software on June 1, 2018.
    To ensure that the native tokens were distributed widely at the launch of the blockchain, around a billion tokens were sold on the Ethereum platform by Block.one. This provided a distribution network that everyone who owns the token can start using it once the EOS blockchain software is released.
    10% of these tokens are reserved for Block.one. Total of 20% EOS tokens was sold on Ethereum in the first 5 days of the entire 341 days long token sale. The remaining 70% tokens, that stand under the majority, are to be sold and produced at market value.     

    The startup, EOS ICO, managed to get $170 million in the first step, regardless of critics from numerous representatives on the blockchain community.

    EOS is presently the fifth leading cryptocurrency of the world by market capitalisation.

    Read More

    157  Other / Beginners & Help / Re: Which is the best way to convert ltc to btc? on: January 09, 2019, 10:37:29 AM
    I am sure that there are many exchanges to convert LTC to BTC, Changelly, Blocktrades, Binance, Bittrex, HitBtc, Changer, ChangeNow etc.

    But you wanna know which exchange is offering best rates to convert LTC to BTC - check out CoinSwitch exchange -

    https://coinswitch.co/coins/litecoin/litecoin-to-bitcoin


    You would know which exchange is offering the best rates for a particular trade and you do not have to take pain of creating account at any exchange, trade anonymously at CoinSwitch Exchange.
    158  Alternate cryptocurrencies / Altcoin Discussion / Re: Which crypto should I buy now on: January 08, 2019, 01:00:18 PM
    I would advice you to read, read about the coins in which you are spending your hard earned 2500$, learn to do technical analysis, figure out the communities supporting that coin. How is the founders profile etc.

    You can read about 400+ coins at one place here - https://coinswitch.co/coins
    159  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Crypto A Way To become Rich / Millionaire ? on: January 08, 2019, 12:57:53 PM
    Cryptocurrencies are highly volatile in nature, you should not rely on them to become a millionaire, if you want to earn money, indeed you can put your bet on top coins only Bitcoin, Ethereum, that too spend for long term.
    160  Alternate cryptocurrencies / Altcoin Discussion / Re: it's time to buy altcoins on: January 08, 2019, 12:55:41 PM
    I am placing my bet on
    XRP
    ethereum
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