Trading Bitcoin Is Hard — 10 Things Every Beginner Trader Must Know

Crypto is every beginner trader’s nightmare

from WebHits.io Blog http://blog.webhits.io/trading-bitcoin-is-hard-10-things-every-beginner-trader-must-know/

Trading Bitcoin Is Hard — 10 Things Every Beginner Trader Must Know

Crypto is every beginner trader’s nightmare

http://blog.webhits.io/trading-bitcoin-is-hard-10-things-every-beginner-trader-must-know/
Everything Else, #PS4Live

Altcoins Are Starting To Rally, Yet Crypto Winter May Not Be Over

The past four weeks have seen impressive movement in the altcoin markets, creating optimism that the long, slow valuation decline may finally be at an end. Most alt prices both in fiat and against Bitcoin have either increased or moved sideways since early August. Other indicators are also fueling the speculation that the altcoin bear market is coming to an end. However, it is still too early to presume that values will continue to increase, and developments across the blockchain space could easily push prices even lower.

Analysts have been almost universally predicting that the Bitcoin price recovery, which began in April, would eventually spread to the alt market. Such a move would be a repeat of the 2017 bull run that began during May and lasted for about eight months. At that time, once Bitcoin began to experience significant fiat gains, investors began to move their profits into altcoins. 

The events of two years ago have yet to repeat themselves, as until recently alts have continued to decline. There could be several explanations for this. One may be Bitcoin investors choosing to move their profits into stablecoins such as Tether and Paxos, which were unavailable on most exchanges in 2017. Also, many investors may have be waiting for Bitcoin to move closer to its all-time high of USD $20,000 before moving into alts. Finally, the Bitcoin price recovery appears to have stalled over the past few weeks, leaving traders and investors wary of any risky moves. 

The present altcoin recovery began on August 9th, and almost every notable platform has seen gains. Some, like Ethereum Classic, have moved up well over twenty percent. Although many speculators would like to see this trend continue, there is no guarantee that it will. One concern is that there is no clear explanation for this increase. There is no significant news that would prompt price growth across the entire altcoin space. Also, altcoins have moved up periodically during the last several weeks, only to retreat after a few days. This phenomenon, known as a “dead cat bounce,” is common in other commodity markets. 

It is certainly possible that altcoins are moving up in value due to the very impressive adoption gains many platforms have made since the beginning of the year. The more talented development teams have been making solid progress on roadmaps, and real-world use is now taking place in a number of significant industries. Should this be the case, the most promising should soon break out on their own, and begin to make much more impressive gains over other coins.

Whatever the case may be, several more weeks need to pass before the altcoin winter can be considered over. As is typical, regardless of where the market goes, volatility will almost certainly be the norm for the foreseeable future. Regardless of progress and adoption, the entire crypto space remains highly speculative, and carries tremendous risk. Thus, much more time will need to pass before the valuations of this new asset class can be fully understood.

 

Featured Image via BigStock.

http://blog.webhits.io/altcoins-are-starting-to-rally-yet-crypto-winter-may-not-be-over/
Freelance, #PS4Live

Huobi Global Announced ‘Acute Angle’ Blockchain Phone

A less expensive blockchain phone is appearing in Southeast Asia, with a U.S. what’s more, European dispatch guaranteed sooner rather than later.

Huobi Global declared the dispatch of the “Acute Angle” blockchain phone for $515. The Acute Angle is made by Whole Network, a startup that Huobi put resources into. Likewise Whole Network’s NODE token will be recorded on Huobi Prime. Running against contenders like Sirin Labs’ $1,000 “Finney” telephone, the Whole Network gadget can be bought with Huobi’s local token, HT, for generally a large portion of the cost.

Users can buy/sell directly on Huobi Global HT zone. A HT holder’s trading quota (cap) will depend on their minimum HT held during the applicable HT holding period, subject to a minimum HT holding floor of 1,000HT and cap of 5,000HT. For example: A user with a minimum HT holding of 6,500HT during the holding period will receive a maximum of 5000 HT equivalent in trading quota across both price limit rounds.

In light of Android’s working framework, Acute Angle is as of now accessible in China with a Q4 2019 dispatch ready for Southeast Asia. Dates for the U.S. and European rollout have not yet been given.

In an announcement, Huobi Global CEO Livio Weng said blockchain-based telephones have a brilliant future:

“We think blockchain phones are a promising area for future blockchain industry development. As the industry develops and as innovations like 5G become increasingly integrated into our telecommunications systems, we believe more and more crypto communities will want to trade and transact from mobile devices.”

Acute Angle incorporates in crypto-prepared highlights like push exchange notices, a dapp wallet, a discretionary cold-wallet module and the NODE local token. Additionally, Acute Angle is the first in a future lineup of blockchain-based phones from Whole Network, Huobi stated, with designs for 5G capacity for future phones guaranteed.

Entire Network joins Samsung and Sirin Labs, among others, in blockchain-based phone improvement. A month ago, Samsung included bitcoin use into its Samsung Developers Kit (SDK).

Get the latest in Asian Bitcoin news here at Coin News Asia.

The post Huobi Global Announced ‘Acute Angle’ Blockchain Phone appeared first on Coin News Asia.

http://blog.webhits.io/huobi-global-announced-acute-angle-blockchain-phone/
Everything Else, Bitcoin

Altcoins Are Starting To Rally, Yet Crypto Winter May Not Be Over

The past four weeks have seen impressive movement in the altcoin markets, creating optimism that the long, slow valuation decline may finally be at an end. Most alt prices both in fiat and against Bitcoin have either increased or moved sideways since early August. Other indicators are also fueling the speculation that the altcoin bear market is coming to an end. However, it is still too early to presume that values will continue to increase, and developments across the blockchain space could easily push prices even lower.

Analysts have been almost universally predicting that the Bitcoin price recovery, which began in April, would eventually spread to the alt market. Such a move would be a repeat of the 2017 bull run that began during May and lasted for about eight months. At that time, once Bitcoin began to experience significant fiat gains, investors began to move their profits into altcoins. 

The events of two years ago have yet to repeat themselves, as until recently alts have continued to decline. There could be several explanations for this. One may be Bitcoin investors choosing to move their profits into stablecoins such as Tether and Paxos, which were unavailable on most exchanges in 2017. Also, many investors may have be waiting for Bitcoin to move closer to its all-time high of USD $20,000 before moving into alts. Finally, the Bitcoin price recovery appears to have stalled over the past few weeks, leaving traders and investors wary of any risky moves. 

The present altcoin recovery began on August 9th, and almost every notable platform has seen gains. Some, like Ethereum Classic, have moved up well over twenty percent. Although many speculators would like to see this trend continue, there is no guarantee that it will. One concern is that there is no clear explanation for this increase. There is no significant news that would prompt price growth across the entire altcoin space. Also, altcoins have moved up periodically during the last several weeks, only to retreat after a few days. This phenomenon, known as a “dead cat bounce,” is common in other commodity markets. 

It is certainly possible that altcoins are moving up in value due to the very impressive adoption gains many platforms have made since the beginning of the year. The more talented development teams have been making solid progress on roadmaps, and real-world use is now taking place in a number of significant industries. Should this be the case, the most promising should soon break out on their own, and begin to make much more impressive gains over other coins.

Whatever the case may be, several more weeks need to pass before the altcoin winter can be considered over. As is typical, regardless of where the market goes, volatility will almost certainly be the norm for the foreseeable future. Regardless of progress and adoption, the entire crypto space remains highly speculative, and carries tremendous risk. Thus, much more time will need to pass before the valuations of this new asset class can be fully understood.

 

Featured Image via BigStock.

from WebHits.io Blog http://blog.webhits.io/altcoins-are-starting-to-rally-yet-crypto-winter-may-not-be-over/

Huobi Global Announced ‘Acute Angle’ Blockchain Phone

A less expensive blockchain phone is appearing in Southeast Asia, with a U.S. what’s more, European dispatch guaranteed sooner rather than later.

Huobi Global declared the dispatch of the “Acute Angle” blockchain phone for $515. The Acute Angle is made by Whole Network, a startup that Huobi put resources into. Likewise Whole Network’s NODE token will be recorded on Huobi Prime. Running against contenders like Sirin Labs’ $1,000 “Finney” telephone, the Whole Network gadget can be bought with Huobi’s local token, HT, for generally a large portion of the cost.

Users can buy/sell directly on Huobi Global HT zone. A HT holder’s trading quota (cap) will depend on their minimum HT held during the applicable HT holding period, subject to a minimum HT holding floor of 1,000HT and cap of 5,000HT. For example: A user with a minimum HT holding of 6,500HT during the holding period will receive a maximum of 5000 HT equivalent in trading quota across both price limit rounds.

In light of Android’s working framework, Acute Angle is as of now accessible in China with a Q4 2019 dispatch ready for Southeast Asia. Dates for the U.S. and European rollout have not yet been given.

In an announcement, Huobi Global CEO Livio Weng said blockchain-based telephones have a brilliant future:

“We think blockchain phones are a promising area for future blockchain industry development. As the industry develops and as innovations like 5G become increasingly integrated into our telecommunications systems, we believe more and more crypto communities will want to trade and transact from mobile devices.”

Acute Angle incorporates in crypto-prepared highlights like push exchange notices, a dapp wallet, a discretionary cold-wallet module and the NODE local token. Additionally, Acute Angle is the first in a future lineup of blockchain-based phones from Whole Network, Huobi stated, with designs for 5G capacity for future phones guaranteed.

Entire Network joins Samsung and Sirin Labs, among others, in blockchain-based phone improvement. A month ago, Samsung included bitcoin use into its Samsung Developers Kit (SDK).

Get the latest in Asian Bitcoin news here at Coin News Asia.

The post Huobi Global Announced ‘Acute Angle’ Blockchain Phone appeared first on Coin News Asia.

from WebHits.io Blog http://blog.webhits.io/huobi-global-announced-acute-angle-blockchain-phone/

Binance Launches Dollar-Backed Stablecoin With NYDFS Blessing

Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos.

http://blog.webhits.io/binance-launches-dollar-backed-stablecoin-with-nydfs-blessing/
Everything Else, #PS4Live

Young and old sharply disagree on facial-recognition tech, study finds

The kids, it would seem, are alright. The olds? Well, maybe not so much. 

As we slowly devolve into a capitalism-fueled surveillance state, having strong opinions about the place of facial-recognition tech in society simply means you’re paying attention. And, according to a new survey from the Pew Research Center, the end result of that scrutiny is quite different depending on your age. 

Specifically, in a report released Thursday, Pew finds that the public’s opinion on both law enforcement’s and private corporation’s use of facial-recognition tech varies wildly with the age of the individual being asked.  Read more…

More about Facial Recognition Technology, Rekognition, Tech, and Other

http://blog.webhits.io/young-and-old-sharply-disagree-on-facial-recognition-tech-study-finds-2/
Social Media, Sales

Young and old sharply disagree on facial-recognition tech, study finds

The kids, it would seem, are alright. The olds? Well, maybe not so much. 

As we slowly devolve into a capitalism-fueled surveillance state, having strong opinions about the place of facial-recognition tech in society simply means you’re paying attention. And, according to a new survey from the Pew Research Center, the end result of that scrutiny is quite different depending on your age. 

Specifically, in a report released Thursday, Pew finds that the public’s opinion on both law enforcement’s and private corporation’s use of facial-recognition tech varies wildly with the age of the individual being asked.  Read more…

More about Facial Recognition Technology, Rekognition, Tech, and Other

http://blog.webhits.io/young-and-old-sharply-disagree-on-facial-recognition-tech-study-finds/
Freelance, $1000/month

Hurricane Dorian whips the Charleston area and brings flooding and tornado threats along the Carolinas

Hurricane Dorian is thrashing coastal South Carolina and threatening a whole day of fierce weather along the Carolinas’ shores, so far flooding streets in Charleston and spawning tornadoes in areas covered by the storm’s rain and winds.

http://blog.webhits.io/hurricane-dorian-whips-the-charleston-area-and-brings-flooding-and-tornado-threats-along-the-carolinas/
Everything Else, #PS4Live