Cryptocurrency prices have dropped significantly over the past 72 hours after reaching new highs on May 5. When Bitcoin Core (BTC) prices touched a high of $9,940 USD this past Saturday buyers met resistance and the price tumbled to a low of $8,975. BTC prices today are hovering along between $9,100 and $9,400. Bitcoin Cash (BCH) market values touched a high of $1,829 on May 5, but have subsequently dropped to an average of $1,625 during today’s trading sessions. Overall most cryptocurrency markets are seeing some gains today after suffering from three days of losses.

Bitcoin Cash Markets See 4% Gains Today
Cryptocurrencies have lost value over the past 72 hours but are starting to rebound at the time of publication. Currently out of the 1,595 different digital assets, the entire cryptocurrency market cap is around $437Bn today with $22Bn in 24-hour trade volumes. Bitcoin Cash markets today are up over 4 percent and have seen 14.3 percent worth of gains over the past seven days. BCH trade volume during the May 9 trading sessions is around $1.2Bn over the past 24 hours. The top five exchanges swapping the most BCH today are Okex, Upbit, Bithumb, Bitfinex, and Huobi. In terms of price compared to Bitcoin Core values, BCH is worth Ƀ0.1770 at the time of writing and has been slowly approaching the Ƀ0.2 region. BTC captures 35 percent of today’s BCH trades and this is followed by tether (USDT 22.8%), KRW (20%), the USD (17%) and the euro (1.3%).

That's how much cryptocurrency users will need to participate in testing ethereum's upcoming consensus protocol, Casper, at least according to the blockchain's creator Vitalik Buterin. During the final day of an ethereum conference in Toronto last week, Buterin took the stage to discuss his version of the software designed to change the way those running the software reach agreement.

Called Casper FFG, the algorithm has recently seen notable progress (with the first specification arriving last month), and Buterin said at the event he expects the pace of experimentation to quicken (though no timeline for the change has been given).

Heralded as a more egalitarian form of keeping the global software in sync, proof-of-stake enables users to set aside funds whereby they act as virtual mining machines. As such, Buterin spent his time on stage outlining the protocol and how the change will alter participation in the network.

Whereas today users must buy specialized hardware, Buterin explained that participating in Casper will first require submitting a minimum of 1,500 ETH (or just over $1 million) into a smart contract. While 1,500 ETH might seem like a large sum of money, Buterin emphasized that nodes with less ether can participate in a pool, or a group of nodes that work together and split the profits.

"[Casper] will hopefully be one of the more joyous experiences in ethereum in a fairly short time," Buterin said.

The high price is due in part to ethereum's current scaling challenges (the consensus protocol simply cannot support more than a certain number of nodes). However, once sharding, a scaling solution that works by splitting up the blockchain into smaller chunks, is implemented, Buterin estimates this figure will be lowered to around 32 ETH ($25,856).

Still, even users with less available crypto will be able to experiment with staking on the Casper testnet, which is currently only running on a handful of nodes "soon."

The developer said:

"You will also soon be able to stake - 'soon' with a trademark. So, that's more than two weeks."

A how-to
Elsewhere in his speech, Buterin gave a breakdown of the various steps involved in setting up a Casper validator, or a node that will participate in the ethereum proof-of-stake protocol.

For developers, Buterin explained, the Casper FFG code offers a lot of customization freedom. In the first stage of the setup, for instance, nodes have the option to introduce features like multiple keys and additional security.

For non-developers, the process of configuring Casper code may seem complicated, but Buterin said that for most users, the setup phase will be as simple as clicking a button.

He told the audience:

"The good news is ... that in practice, you personally as a user probably don't need to worry about which validation code you're using. You as a user basically just click a button that says deposit."

After that setup, users will then need to pick a wallet for which to receive returns, but again, Buterin said, "Your client will do all this magic for you."

Once users have submitted the 1,500 ETH minimum, the money will be locked up into a deposit, and by running the software, rewards will be dolled out in proportion to the amount of ether at stake. Nodes will automatically vote on potential blocks, and the average user doesn't need to worry about how this works, but just needs to keep the node online to see returns start to come in.

"From your point of view, as a regular user you just need to keep your node online, keep your node running, and your node will just do all this voting automatically," Buterin said.

Money maker
With that node online, Buterin then detailed what returns a node could expect from staking in the network (although he stressed that the exact numbers were not final yet).

Assuming a deposit of 10 million ETH - if validators are constantly online - they will earn somewhere between 0 percent and 5 percent returns annually, Buterin said, adding, "Probably closer to five than to zero."

But if a user's node goes offline for the majority of the time, they'll actually start losing some of their deposit, because the protocol begins to penalize inactive nodes. Yet, Buterin said, even if validators are only online between two-thirds and one-half of the time, they'll still see returns.

"So, yes, it is safe to validate if you just have a laptop. Unless you're like me and you travel 24/7 and can't even count on your laptop being connected to the internet," he joked.

Yet, these returns are contingent on users being good actors in the system.

With Casper's internal "slasher" concept - that is, not simply rewarding those who perform well, but punishing those who perform badly - the protocol disincentives certain behaviors, such as the formation of large staking pools and double voting on which transaction history is correct.

If a user is caught doing these things, they can lose between 1 percent and 100 percent of their deposit, Buterin said.

Yet, this would jeopardize a significant amount of money, which to Buterin and many ethereum developers will deter bad behavior.


By Coindesk.

Prices today fell against yesterday. The current trading price is $ 8,745.17/1btc

The article is quite engaging but few people interact too. Thank you for sharing

This week is one of the "hottest" weeks on Wall Street since the start of the financial report season.

Financial investors also need to pay close attention to 10-year US government bond yield. If it exceeds 3%, it will exert great influence on stock market, and then spread to the forex.

Meetings on monetary policies this week should also be attended to, including ECB and BoJ meeting.


Geopolitic and commercial pressures are also the highlights of this week news

Here are the latest developments on global financial market this week:

1. A hot week for technology companies
More than one-third of S&P500 companies plan to release the revenue report this week, including The Alphabet (Google's parent company), Facebook, Amazon, Twitter, Qualcomm, eBay and PayPal on Wednesday; Intel, Microsoft and Baidu and so on

US stock price fell last Friday, leaving investors worried about the impact of the rise in the yield of US 10-year bonds. This yield reached 2.96% at the end of last week, the highest since 2014. High yield reduces the demand for securities.

2. ECB and BoJ meetings
ECB meeting will be held in the early evening of Thursday, while BoJ meeting on Friday morning. No significant changes in policies are expected, but these 2 meetings are noteworthy.

3. US and UK's GDP in Q1

Both the United Kingdom and the United States will announce their GDP in Q1/2018 this week, making GBP/USD the hottest pair of currency for the time to come. GDP reflects the growth of the country, so it's of great importance.

In short, this week financial market witnesses:
- The stock market "driving" the forex market
- US bond yields "driving" the forex market.
- No much hot news to be expected.

But it is full of meaning, which I convey to everyone.
Hope the article is useful for everyone. Thanks!

Review the market before making its decision. I do not choose to continue the Trade or Holding that I will watch and then determine.

Undoubtedly, for a trader, finding a profitable long-term trade coin strategy is paramount. The problem is how to find that strategy? And how can you use the popular coin trade technique to make money?

In 1998, in a study by Gaginalp and Laurent, they performed a backtest on 10,000 different price data using a Japanese candlestick pattern to test profitable trading strategies. They found that only the three candlestick pattern can generate profits throughout the three quarters traded. Here is our explanation of these patterns and how to use them.

The three-black-crow candle pattern
It is a reversal candle pattern that trends downward and signals for bearish. In other words, it may indicate that the current bull market has ended and market sentiment has turned negative.

This pattern consists of three long candlesticks that trend downward and each is lower than the previous one (like a staircase). When using along with Support &
resistance and the main trend of the market, it will outperform the traditional candle patterns such as pinbar or engulfing candles.

This candlestick pattern is a signal for buyers to take sideways and stop trading after three decrease cycles that appears as three candlesticks. Still, it’s also an opportunity for sellers to gain some profit.

If you are a long-term trader and this pattern appears then you should consider selling and stop trading for a while. Still, this could be a chance to make some money for short-term traders. But remember to use this pattern only when it in the uptrend for less risk.


The three-white-soldier candle pattern
This three-black-crow candle pattern has a counterpart known as the Three-white-soldiers, which attributes help identify a bullish reversal or market upswing.

 The pattern consists of three long candlesticks that trend upward and each should open above the previous day's open, ideally in the middle price range of that previous day. As this pattern appears, it means we will have a small increase and trader can start to make entry.

Short-term traders should take this pattern as a sign to close position. The others could take advance of this short increase to make profit. Also, this pattern works best when the price of a coin is in a sustainable downtrend.

The morning-star candle pattern
Just like the three white soldiers, The morning-star is a bullish reversal pattern.

The morning-star or the Three Inside Up consists of three candle patterns: a bearish candle, a long bullish candle, and a doji in the middle in some cases. You still can trade even though the candles in the middle are slightly larger (but not larger than the candle before and after it).

To notice this pattern, look for three special candles:

The first candlestick should be a bearish one, showing a long fall in price. Follow by that is a doji that can be bearish or bullish. The doji has a short spread between opening and closing price and the closing price is normally lower than half of the previous candle. After the doji is a long bullish candle that has the closing price higher than the opening price of the first candle


If you are a short-term trader then you should close the deal when this pattern appears. Still, it could be the chance for others.

The Morningstar works best when the price of a coin is in a sustainable downtrend.


What you should know before using these candle pattern
Keep in mind that what you need to succeed is more than just these three pattern, You need to observe market movements closely as anything can happen.


Candle patterns are formed based on the price movements. Also, as this research only using data from US market, it may not be accurate when using in others market. Still, this would definitely worth to be in your trading strategy.

Strategy: Sell at high prices, buy on cheap.

Thanks. I hope you will succeed

Based on your personal strategy, you can choose the distribution method for capital that suited you the most. Still, whatever your choice is, it should contain BTC, top coin, and a few potential projects. Also, don’t forget that the key to success is to know when to hold, what to hold and how to hold. Holding Coin is not always the best tactics. To truly be the winning, learn to do the basic technical analysis. It’s not that hard to learn and good for your strategy 02 in order to maximize profits and holding time. If strategy 01 is what you are applying then your goal may be too far to reach or top short to actually bring back profits. Not to mention the wrong position that can make you depressed and give up. In this strategy, by increasing the amount of coin,  it means more money, even if the price has yet to rise. Imagining the coin value 5 times and the number of coin you are holing also increased 5 times, that means money pouring in your pocket. And if the price goes down, then increasing the number of coin can somehow filling the space.

For example, in the case of BTG:
For holding BTG, I have set up the entry level of $200 to $800. If I choose to increase the amount of BTG I’m holding, when you have for example 100, I would have 40% more If I can manage it somehow. When the price goes up to $800, you will have the total of $80,000 and I will have $320,000.

In this way, the one thing we focusing on is to maximize the amount of coin you are holding, not the sale target. If I have my coin increase 3 times in amount then even if the price is not going up then the total in your account when you Stop Gain is still increased 3 times.

I hope this would be useful for you! Focus on increasing the amount and you will succeed!

I do not believe. I think bitcoin will thrive in the future. However, the altcoins market will be under more government control and strict control. This bitcoin will also be affected. But I still believe bitcoin will grow.

The C Strategy C appears to be more preferable and many investors have adopted this strategy. Good luck!

I like to use Binance trading platform rather than Bittrex and Poloniex. But I think Bittrex is better known than Poloniex

I would also be interested in an up-to-date list of all addresses with balance. No sites I have found provide this service.

I am sure, bitcoin holders more than 2 months ago have achieved a satisfactory profit. Yes, just from holding and doing nothing. If they decide to sell certainly do not get any loss.

What If They ICO? Investors Seek Veto Power Over Future Token Sales

"I think it's fair to say that ICO-related language is making its way into term sheets."

The comment, made by a partner at a major venture capital firm, shines a light on how traditional investors are tweaking their standard paperwork to deal with how a growing number of companies, both blockchain-based and traditional, are pursuing initial coin offerings (ICOs) as a way to raise capital from the sale of crypto tokens.

The partner, who requested to stay anonymous, said investors are requiring companies they back to agree to some kind of arrangement should the company eventually launch an ICO, and to make sure to have a discussion before the launch about "whether or not this is a good move to support the long-term fortunes of the company."

These new term sheet provisions only started showing up in the last six months, according to several investors contacted by CoinDesk.

It may not come as a surprise given that traditional businesses, such as social media platforms Kik and YouNow, are deciding that a crypto token would benefit their business model. But blockchain-based businesses have also diverged from their initial plans to stay away from token sales - one notable example is Blockstack, which allocated a number of crypto tokens to its equity backers when it decided to run an ICO.

Because of the trend, the National Venture Capital Association (NVCA) recently updated the language in its model certificate of incorporation documents, "to provide investors a veto over token, cryptocurrency and blockchain related offerings," a press release on the update explained.

Several VCs CoinDesk spoke with said they'd seen the NVCA language on the term sheets of newer rounds they were participating in, though not all of those documents added language allowing investors to negotiate their terms if the company was to launch an ICO.

According to another venture fund investor that wanted to remain anonymous, those raising money through the simple agreement for future tokens framework got away with launching without investor negotiations.

"The early SAFTs had very few (if any) governance provisions," they said.

All this reflects a bit of a tension between investors and their investments as it relates to the overlap of equity fundraising and crypto token sales.

What to do?
The venture fund investor said that initially the potential of token sales was addressed through side letters - agreements attached to the term sheet after the terms had been agreed on to interpret, supplement or alter those terms - those these tended to require fairly involved negotiations.

But because of the complicated mechanics of today's crypto token sales, the regulatory gray area that surrounds them and the unknown effects they could have on traditional equity, investors are grappling with how to address ICOs in a more sophisticated way.

Stepping back, until recently, tech companies only really had a couple ways to raise money: sell equity or take on debt.

While crypto tokens have been touted as a way to raise money without diluting anyone's ownership stake of the company - primarily since the companies expect enthusiastic backers to increase demand for the token which in turn brings the company a strong return - the crowdfunding mechanism is still so new that it's an unproven strategy to a certain degree.

This then can raise uncomfortable questions for equity investors.

Veteran angel investor Jason Calacanis spoke to this, telling CoinDesk:

"My advice to founders: selling two different securities at the same time, to two different sets of investors, is a quick way to get sued."

Sure, not all crypto tokens will be categorized as securities, but many function similarly, and as such, Calacanis argued, that the value of the crypto token and the value of the equity will move in opposite directions.

And whichever party is on the losing end is likely to feel "screwed" and take action, he said.

Token strategies
That's why investors have come up with several strategies for mitigating their concerns here.

Although VCs generally didn't want to share the specific language they used within their term sheets or other sale documents that addressed ICOs, in speaking about different models being used, it seems three strategies are shaking out.

These include:

Governance. The approach taken by the NVCA, it requires that investors or the board of directors have an opportunity to vote on any sort of issuance of blockchain-based tokens.
Allocation. This approach reflects an investor privilege that already exists in traditional venture funding, whereby an investor in a company's early round can buy into later rounds if they want. Language in this model would just be amended to include future crypto token sales. At least one new, smaller fund CoinDesk spoke to was taking this approach.
Designation. This approach states that if there's a token generation event, then existing investors would automatically receive a certain amount proportionate to the amount of equity they hold. A large, longer-standing seed-focused VC that's still fairly new to blockchain investing advocated for this approach.
But with the definitions of tokens - whether they be securities or utility tokens or anything in between - still opaque, it's been challenging for investors to really get a handle on what's happening.

"I think it's important for an investor to get confidence that the founder has a prudent strategy given all that's up in the air with ICOs," Charlie O'Donnell of Brooklyn Bridge Ventures told CoinDesk.

He is following blockchain startups, looking for a place to invest, but said he was unlikely to invest in ICOs.

He concluded:

"ICOs might feel like easy money, but the other thing that founders are short on that kills them is time -- and legal battles can be just as costly timewise as running out of money."

Startup image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

https://www.coindesk.com/

 Even i am also inspiredfrom them now am getting good income from crypto world . Its the opportunity to people who will work even from home.

I hope that further on it will be more transparent to understand if Alternative Block Chains  are scam or not

I think there are many ways to promote about bitcoin. I think the best way to promote bitcoin is through television, radio, and over the internet.