Cryptocurrency Market News: Is another Bitcoin massacre

Sell or Hodl? Crypto Traders Seek Direction in Fluctuating Market

Sell or Hodl? Crypto Traders Seek Direction in Fluctuating Market

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With uncertainty in the cryptocurrency market and a sudden #drop in Bitcoin’s value overnight, investors are again posed with the sell or hold dilemma, but many experts maintain that increased demand for a Bitcoin exchange-traded fund (#ETF) augers well for the flagship digital currency in the long term.
Long-term forecasters say that #Bitcoin has a strong likelihood of becoming a reliable store of value and a viable payment mechanism. Experts point to rising futures volumes and increased institutional participation in #trading as positive outcomes going forward.
Historically, #negative #news hits the market with a crash, such as the #SEC’s rejection of nine cryptocurrency ETFs in August, despite the #US#regulator stressing it “emphasizes that its disapproval does not rest on an evaluation of whether Bitcoin, or #blockchain technology more generally, has utility or value as an innovation or an investment”.
Signs are that despite this latest drop in #market prices, the #cryptocurrencyecosystem is healthy with daily trading almost doubling its total just days ago. Crypto advisory firm Autonomy’s co-founder Ricky Lee suggests, “For our trading activities, the [upcoming Bitcoin Cash] hard fork recently has generated tremendous interest and trading volume, above 4 billion #daily, among #traders.”
With Bitcoin’s value shedding almost USD 1,000 in just a few hours late yesterday, Willy Woo, the founder of data analytics site Woobull suggests that overnight recovery is highly unlikely and the current market trend may continue well into 2019. CNN Bitcoin analysts suggest that USD 5,633 is looking to be the current interim resistance level, but a break below that support would have the effect of scaring off investors. Conversely, a break above this level would suggest a long position at USD 5,712.
Looking for factors as to why the drop #happened, whether it be Bitcoin futures or the Bitcoin Cash fork, there are suggestions that the effect of the sell-offs in tech stocks led by Apple on Wednesday are making their mark on cryptocurrency #prices, although most point to the current uncertainty around so-called #altcoins #Bitcoincash and #Ethereum, both poised for fundamental and controversial changes in development and infrastructure.
submitted by iTradeBit to u/iTradeBit [link] [comments]

CRYPTODIGEST 15.11.18

CRYPTODIGEST 15.11.18

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✅#Blockchain #Crowdfunding Platform Coinchase Launches No-fee Consumer-to-Consumer (C2C) Trading

🔸The world’s leading blockchain crowdfunding platform #Coinchase has launched a new #trading solution for its customers. It has now enabled no-fee consumer-to-consumer trading, making it the only crowdfunding platform to offer this feature.
The new solution will help in improving the #liquidity of tokens available on the platform. Moreover, it would allow users to trade in tokens that have not yet been listed on the exchange.

🔸Bitcoin Cash (#BCH) Plummets 18 Percent Overnight: What Triggered the Massive Drop?
In the last 24 hours, the #cryptocurrency market suffered one of its worst single-day sell-offs in all of 2018, as #Bitcoin (BTC) plunged 11 percent.

🔸#SEC Announces Enforcement Actions Against ICOs As Crypto Markets Tumble
This week, the SEC in the US announced over a dozen enforcement actions against #ICOs and digital assets, as the cryptocurrency prices fall to lowest numbers this year.

🔸Singapore’s #KuCoin Hits Funding Target Despite Bearish Markets
Singapore based KuCoin crypto exchange has raised $20 million in its first round of financing. The news comes as #cryptocurrencies continue to get battered in a year that has seen the market crash by over 70%.

🔸Hedge Fund Manager Brian Kelly Explains November 14th’s ‘Crypto Market Meltdown’
On Wednesday (14 November 2018), Brian Kelly, the founder and CEO of digital asset investment firm #BKCM LLC, explained yesterday's "Crypto Market Meltdown", which led to double-digit percentage losses for most of the major #cryptocurrencies including Bitcoin, which sank to $5,569, its lowest price in over a year.

🔸Sell or #Hodl? Crypto Traders Seek Direction in #Fluctuating Market
With uncertainty in the #cryptocurrency market and a sudden drop in Bitcoin’s value overnight, investors are again posed with the sell or hold dilemma, but many experts maintain that increased demand for a #Bitcoin exchange-traded fund (ETF) augers well for the flagship digital currency in the long term.

🔸Brian Kelly Says Bitcoin and Crypto Sell-Off Won’t Last
From new analysis on the Bitcoin and crypto market sell-off to a decision to choose #Stellar over #Ethereum, here’s a look at some of the stories breaking in the world of #crypto.
submitted by iTradeBit to u/iTradeBit [link] [comments]

Things that can only be done with bitcoin.

What are some things that can only be done with bitcoin. For example
-Micropayment or tiny donations online. Credit card companies dont like processing small payments, fees end up higher than the actual amount you'd want to send.
-A decentralized marketplace (open bazzar) or even a dark-net marketplace (silkroad)
-Smart Contracts = You could set up a betting system, where any number of people could pay into a contract, and it will automatically pay out to the winner(s), when the result is published on a trusted news site. No middle man required. (auger)
What are other ideas that can only be done with bitcoin.
submitted by mcr55 to Bitcoin [link] [comments]

Augur questions

I'm participating in the Auger pre-sale, with the intent of actively trading my REP, at least initially. I'm new to alts almost entirely and have some questions:
A. When signing up for the pre-sale I was assigned an Ethereum wallet, to which my future, freshly minted REP will be deposited? Can an Ethereum wallet hold both Ether and REP simultaneously, or am I missing something? (I've bought in exclusively with btc, so I have no direct experience with Ether, other than following its recent price meanderings.)
B. I would like to be able to trade my REP basically from the earliest moment possible. Instead of using the pre-sale assigned Ethereum wallet, should I use a wallet that feeds directly to my alt-exchange account, where they can be readily traded, or just continue to use the pre-sale assigned Ethereum wallet?
C. Have I gotten too far ahead of developments? When do we expect REP to be launched?
Thanks in advance!
*The pre-sale verbage I'm referring to follows:
"REP purchased with Bitcoin or Altcoins will be associated with the Ethereum address set here. [custom ethereum address is provided here]
You may change your payout address at any time up until the official launch of Augur. We will notify you prior to this and confirm this address.
If you bought in with Ether, you do not need to set a separate payout address. Your payout will be sent automatically to the address(es) you bought in with. If you bought in with Ether and want your REP sent to an address different than the one you sent your Ether from, please contact us!
submitted by Inchoate76 to ethereum [link] [comments]

Augur Tutorial  How To Use Augur + Tips  Will This Get 5,000 Views? Bitcoin News - YouTube Augur in 2 Minutes DONALD TRUMP GOING AFTER BITCOIN!!!!!!!!!!!!!!!!!! BIG NEWS!!!!!! DIE BESTE NEWS FÜR BITCOIN IN 2020!?! REAL ODER FAKE???

Augur (REP) is going to be a cryptocurrency to watch over the next six months. Right now, REP trades for just shy of $50 apiece and, with a market capitalization of a little over $542 million, ranks as number 39 on the top coins by market cap list over at CoinMarketCap.. Between now and the end of 2018, however, there is a good chance we will see this change considerably based on a number of It indicates that users will have the chance to bet on different cryptocurrency-related outcomes. Such may include “Bitcoin’s opening price” and “Ethereum’s weekly trading range.” So far, there are several listed coins – Bitcoin, Ethereum, Litecoin, Ripple, Monero, Dash, and Augur’s REP. Source: CoinMarketCap Unlike many of its altcoin counterparts, Augur will only ever distribute 11 million tokens. At press-time, REP is trading at $ 107.44 a coin, up 130.11 percent in just 24 hours. For the month, the coin is up 429.52 percent and for the year it is up a staggering 3445.87 percent. Its current market value is $ 1.1 billion and growing, making it the 29th largest Augur Price (REP). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Bitcoin (BTC), the largest digital asset with the current market value of $169.9 billion, is hovering around $9,200 since the beginning of the week.

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Augur Tutorial How To Use Augur + Tips Will This Get 5,000 Views?

Subscribe to our YouTube channel to stay in the loop with coin reviews, crypto topics, news, market recaps, and interviews! ... How To Trade Bitcoin Cryptocurrency for Beginners - Duration: 7:48 ... Trading Bitcoin - $BTC Still Struggling After Last Night's News 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV Check below for events a... Bitcoin set up for huge buy signal, Ethereum demand growing at a massive rate for defi, plustoken on the move again, and big money ready to enter. CRYPTO DEBIT CARD - $50 FREE https://cryptolark ... The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but is NOT financial advice. On this channel, The Moon, I make 1 video every single day about crypto news ... Augur (REP) explained. This video walks you through Augur and explains how it works and how it can make an impact on the world. Timestamps below: What is Augur? (0:16) What is a prediction market ...