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1  Alternate cryptocurrencies / Altcoin Discussion / CrowdIF - Harnessing Crowd for an Intelligent Future on: May 24, 2018, 12:15:53 PM
What is CrowdIF
CrowdIF is a path-breaking, first-of-its-kind cryptocurrency trading platfrom which is capable of harnessing the power of the Collective Intelligence of the Crowd and includes it in a major way in its crypto-trading strategy. CrowdIF is the only crypto trading platform which is capable of objectively gathering something as abstract as market sentiment and quantify it. We call this quantified market sentiment - The SentimentScore. This is our secret rocket fuel.

As is widely known, market sentiment plays a vital role in defining the direction of crypto market movements. Capitalizing upon SentimentScore gives CrowdIF a superpower and allows it to consistently outperform market with better results than using the conventional techniques.


The CrowdIF Process
The Collective Intelligence of Crowd is harnessed by following a four step process

1. High Quality Data Aggregation
The system aggreates huge amounts of realtime data from all across the internet using advanced crawling and scraping algorithms. We also seek help from our users in our data aggregation efforts. The users who contribute to this process are rewarded with CIFcoins

2. Realtime Sentiment Analysis
We use some sophisticated cutting-edge techniques like Natural Language Processing with advanced mathematical modeling to perform realtime sentiment analysis on what's HOT and what's NOT. This analysis gives us our proprietary "Sentiment Score" which is our secret rocket fuel.

3. Accurate Price Predictions
The sentiment analysis results are combined with all other market signals to make price movement predictions with unprecedented accuracy.

4. Insight based Trading
Our smart trading algorithms use the insights generated above to trade 24x7 across multiple cryptocurrency markets around the globe.

The CIF ICO
Besides the trading engine, CrowdIF is also launching a blockchain based crypto token - The CIFcoin.

The CIFcoin has the following purposes:
- To function as a medium of value exchange for all transactions happening on the CrowdIF platform
- To act as an index of users' portfolio on CrowdIF platform
- To reward the users who help CrowdIF in its data aggregation efforts
- To reward the beneficiaries of our various other bounty programs

Here are some other details about the CIF ICO:

Total tokens available for ICO = 16.6 million (40% of the total supply)

ICO Round 1
Token Price: 0.80$ - 1.25$
Tokens available for sale: 1,600,000

ICO Round 2
Token Price: 1.26$ - 1.50$
Tokens available for sale: 5,000,000

ICO Round 3
Token Price: 1.51$-2.00$
Tokens available for sale: 10,000,000

Minimum purchase = 70$

Soft Cap = $4,500,000

Hard Cap = $26,015,000

Token distribution
For sale during ICO period - 40%
Company reserve - 15%
Bounty Programs - 6%
ESOPs - 4%
Planned slow emission over the next 10 years - 35%

Fund Allocation
The funds raised during the ICO will be allocated to the following purposes:

Core SentimentScore Algorithm Development: 34%
Advertising and Marketing: 28%
Data Aggregation Technology Development: 14%
Technology Infrastructure (Clusters, Servers etc.): 12%
Operational Expenses: 9%
Other Payroll: 2%
Legal: 1%


How to participate in CrowdIF ICO
Simply add yourself to the whitelist at our website www.crowdIF.com
Once added, you will start receiving all communication detailing the ICO purchase process.

Important Links
Website: www.crowdIF.com
Whitepaper: www.crowdIF.com/docs/CrowdIF_Whitepaper.pdf
2  Bitcoin / Bitcoin Discussion / Cryptocurrency investor names his favorite — and least favorite — digital curren on: May 18, 2018, 09:49:29 AM
With so many digital coin options out there, it can be difficult for investors to know how to navigate the cryptocurrency universe.

Ran Neu-Ner, founder of Onchain Capital and host of CNBC Africa's "Crypto Trader," offered a few tips to "Fast Money" traders on Thursday. Here are some of his favorite and least favorite digital currencies.
Bitcoin

Neu-Ner is an early investor of the large-cap coin. But he still said to sell.
Chesnot | Getty Images

"I like bitcoin," he said, but pointed out that it's, "priced too low." The coin, valued as high as $19,500 late last year, was trading around $8,100 on Thursday evening.

"It's going to continue to go up, slowly and in a stable way," he said. "But there are more exciting cryptocurrencies out there."
Bitcoin cash

One of them might be bitcoin cash.

The coin, priced around $1,200 Thursday evening, was down by about $100 from Tuesday. But that's still almost double its April 17 level of $763.

With a solid team behind the coin, Neu-Ner said he sees a lot of potential.
Ethereum

Hold this coin, Neu-Ner said, "for sure."

He pointed out that ethereum has many potential uses and one of the biggest communities in the industry, with thousands of people, "the smartest people in the room."
An ethereum cryptocurrency 'altcoin'.
Getty Images
An ethereum cryptocurrency 'altcoin'.

But it's not just ethereum Neu-Ner is excited about.

"I'm excited for a new generation of protocols like ethereum," he said. Some picks: Oasis, Zilliqa and Thunder Token.

"Ethereum has scalability issues," Neu-Ner said. "They're doing 15 transactions per second. That means, that's not real-world stuff. But some of the other blockchains are resolving this. They're promising 10,000 transactions per second."
Ripple

Definitely a sell, the crypto trader said of Ripple.

"I'm throwing it in the garbage," Neu-Ner said.
Ripple

While he pointed out that Ripple the company is "one of the best companies I know," he said its token, the XRP, is not.

"I can't find a use case for the token," he said. XRP is also a centralized token, which Neu-Ner said defeats the point of blockchain technology.

"I'm out," he said.
3  Bitcoin / Bitcoin Discussion / Most Big Cryptos Dropped this Week - These Two Bucked the Trend on: May 12, 2018, 08:43:31 AM
The cryptocurrency markets are set to end the second week of May on a low note.

The total market capitalization for all cryptocurrencies fell below $400 billion for the first time since April 26 on Friday, and has dropped 15.97 percent week-on-week. As of writing, the combined market value stands at $385 billion and could see a further decline as indicated by a head-and-shoulders breakdown pattern on the price charts.

Looking at notable individual cryptocurrencies, bitcoin (BTC) has depreciated by 12 percent week-on-week and has outperformed its closer rivals. For instance, ethereum (ETH) and EOS have dropped 15 percent each and Ripple (XRP) has declined by 34 percent.

Bitcoin's dominance rate, which represents its percentage of the total market capitalization, moved above 38 percent for the first time since late April. This likely indicates that money is possibly being rotated back into bitcoin from alternative cryptocurrencies, so BTC's relatively good performance this week is not surprising.

Names like NEM (XEM), stellar (XLM) and cardano (ADA) are ranked higher on the list of biggest losers among the top 25 cryptocurrencies by market capitalization.

The only gainers this week are two lesser-known cryptocurrencies: bytecoin (BCN) and zilliqa (ZIL).
Top weekly gainers
Bytecoin

Weekly performance: +32.70 percent
All-time high: $0.0186
Closing price on May 4: $0.006733
Current market price: $0.010005
Rank as per market capitalization: 17

Bytecoin (BCN) picked up a bid on Tuesday and rose to a fresh record high of $0.01862, according to CoinMarketCap, seemingly due to cryptocurrency exchange Binance's decision to list the cryptocurrency.

As of writing, BCN is changing hands at $0.010 - down 46 percent from record highs, but still reporting a 35 percent week-on-week rise.
Daily chart

The pullback from the record highs has neutralized the immediate bullish outlook. That said, the ascending (bullish) 5-day and 10-day moving averages (MAs) indicate the bulls are still in the game. Only a daily close (as per UTC) below $0.006 (May 8 low) would signal a bullish-to-bearish trend change.
Zilliqa

Weekly performance: +13.84 percent
All-time high: $0.2306
Closing price on May 4: $0.132311
Current market price: $0.153565
Rank as per market capitalization: 23

Zilliqa (ZIL) is the latest entrant in the list of cryptocurrencies with a market capitalization of more than $1 billion. The cryptocurrency clocked a record high of $0.2306 on May 10, according to CoinMarketCap. Its BTC-denominated exchange rate rose to a life-time high of $0.00002508 BTC yesterday and was last seen at 0.00001847 BTC on Binance.
Daily chart

Currently, the downside is being capped by the ascending (bullish) 5-day MA. The 10-day MA is also biased bullish.

However, the relative strength index (RSI) is turning lower from the overbought zone, so prices might find acceptance below the 10-day MA (currently seen in 0.000016) next week and signal bullish invalidation.
Biggest weekly losers
NEM

Weekly performance: -40.42 percent
All-time high: $2.09
Closing price on May 4: $0.431269
Current market price: $0.307124
Rank as per market capitalization: 14

NEM (XEM) fell sharply this week and is currently trading below the 50-day MA located at $0.3241, according to Poloniex.

The news flow during the week has been somewhat positive, though. For instance, Abra, the global app that allows you to buy, store, and invest in 25 cryptocurrencies, has added XEM to its platform. Further, NEM's appearance at CoinDesk's Consensus blockchain conference in New York from May 14-16 is being touted as its biggest event and has generated investor interest.

However, all that has failed to put a bid under XEM prices. It appears as though the technical failure around the $0.45 mark seems to have enticed the bears.
Daily chart

The rounding top pattern, the 5-day and 10-day MA bearish crossover and a break below the 50-day MA, as seen in the chart above, suggest scope for a further drop towards to $0.22-$0.19. The RSI is also biased to the bears and is well above the oversold territory (above 30.00), backing up the likelihood of a drop in XEM prices.
Stellar

Weekly performance: -40.22 percent
All-time high: $0.9381
Closing price on May 4: $0.43114
Current market price: $0.374065
Rank as per market capitalization: 8

Stellar (XLM) has taken a beating this week, having created multiple doji candles signaling bull exhaustion in the daily chart last week. As of writing, XLM is looking weak, courtesy of a convincing break below the key support of $0.32 and the 5-day and 10-day MA crossover. The daily RSI is also trending south, indicating a bearish setup.

So, the cryptocurrency looks set to clear the 200-day MA support, currently seen at $0.29. A close below the long-term average would expose support lined up at $0.258 (Feb. 6 low). Only a daily close (as per UTC) above $0.32 (April 25 low) would abort the bearish view.
Cardano

Weekly performance: -40.02 percent
All-time high: $1.33
Closing price on May 4: $0.360182
Current market price: $0.257219
Rank as per market capitalization: 7

Cardano (ADA) is moving more mainstream via a new partnership with Metaps Plus, one of the largest payment platforms in South Korea.

However, so far the good news has not been able to put a floor under ADA prices. ADA/USD fell to $0.2475 today - the lowest level since April 18 - and could extend losses further, courtesy of the bearish setup as seen in the chart below.
Daily chart

ADA seems to have found acceptance below the 100-day MA and the bearish bias would strengthen further if it closes (as per UTC) below $0.255 (April 25 low). The RSI is trending south and still well short of the oversold territory (hold above 30.00).

So, there is room for a further drop towards $0.18 (March 9 low). Only a daily close above the 10-day MA (seen today at $0.332) would abort the bearish view.
4  Alternate cryptocurrencies / Altcoin Discussion / Current technical analysis of Ripple (XRP) puts the coin’s support level at $0.8 on: April 23, 2018, 11:51:25 AM
Current technical analysis of Ripple (XRP) puts the coin’s support level at $0.80 and a resistance level of $0.88. This means that if the weekend correction is mitigated by more volume in the markets and Ripple, we will soon see levels past $0.90. What remains to be seen, is if XRP can reach the much anticipate $1 value this week.

The way the cryptocurrency markets have been observed to work during the weekends, is that the total market cap declines on Sunday. The exact explanation has not been pin pointed, but speculation is high that on Sunday, most traders are away from their home or office computers.This means that popular day trading is not at its peak as usually is during the week.

Ripple has been on the lips of every cryptocurrency enthusiast for the past 2 or so week due to the coin doing an impressive 72% leap in less than 2 weeks. This movement started on April 12th when XRP was valued at $0.51. It would then peak to $0.93 on Saturday, April 21st. XRP is currently valued at $0.88.

The word amongst several XRP believers is that the coin has been highly undervalued in the markets. This is because Bitcoin (BTC) seems to be the King of Crypto and sets the tide for the rest. Whenever BTC prevails or shows sideways movement, all alternative cryptrocurrencies show gains. But whenever BTC falls, the entire market falls.

XRP has been making major strides in terms of partnerships with banks around the globe, with the most recent being Santander launching their proprietary international payments service called One FX. This service uses Ripple’s xCurrent software to transfer money across the globe in the countries of Spain, UK, Brazil and Poland, with the bank expecting to roll out the service across more countries in the coming months.

Considering that XRP did an impressive 35,000% in gains last year in the markets, 2018 could prove to be the year that Ripple could upset the markets and become a more mainstream coin option for traders and exchanges in the sense where it will be on a level equal or greater than Bitcoin. With the current momentum of XRP, the coins popularity is surely to increase.
5  Bitcoin / Bitcoin Discussion / Re: What do you think is Bitcoin become legal in all countries? on: March 19, 2018, 07:45:41 AM
not in all countries but some countries will legal bitcoin
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