CoinList ‚Rally‘: 40.000 Investoren beeilen sich, RLY trotz Preispumpe zu kaufen

Rally hat mit seinem Verkauf von liquiden Token am 4. April einen Umsatz von 22 Millionen US-Dollar erzielt, an dem 40.000 Investoren teilnahmen.

Social-Token-Plattform Rally hat seinen ersten „Liquid-Token-Verkauf“ auf der Crypto-Asset-Emissionsplattform CoinList abgeschlossen. Zwischen dem 1. und 4. April haben 40.000 Investoren RLY-Token für jeweils 0,60 USD gekauft

Bei dem Verkauf wurden Token trotz des RLY-Handels an den Börsen seit Oktober 2020 zu einem festgelegten Preis an die Anleger verteilt. Die Token-Preise wurden durch einen 20-Tage-Durchschnitt vom 11. März 2021 bis 30. März 2021 abzüglich eines 30% igen Abschlags zum Ausgleich ermittelt Die RLY wird für 12 Monate gesperrt, eine lineare Freigabe.

Anleger hatten jedoch die Möglichkeit, RLY vor weniger als fünf Wochen für weniger als die Hälfte des von CoinList auf den freien Märkten angebotenen Preises zu kaufen.

Der Verkauf wurde Mitte März durch Community Governance genehmigt , wobei die 40 Millionen RLY-Sodl zuvor dem Community Treasury der Rallye zugewiesen worden waren. Bei der Abstimmung stimmten 100% der 7.400 teilnehmenden Token-Inhaber für den Verkauf. Fast 30% der RLY werden jetzt von Rallyes Team und Investoren gehalten.

Die Nachricht vom Verkauf schien die Aufwärtsdynamik für RLY anzukurbeln, die seit dem Handel mit weniger als 0,29 USD am 12. März um fast 250% zugelegt hat. RLY wurde von Mitte Januar bis Mitte Mai konstant zwischen 0,25 USD und 0,35 USD gehandelt. Zum jetzigen Zeitpunkt wechselte RLY zuletzt den Besitzer für 1 US-Dollar.

Die Hälfte der Token wird am 4. Oktober gehandelt. Danach wird die verbleibende RLY monatlich schrittweise freigeschaltet. In einer Blog – Post am 12. April Coinlist ergab das Angebot $ 22 Millionen generiert. Die Investitionen waren auf 1.000 USD pro Person begrenzt, wobei fast zwei Drittel der 115.000 Registranten des Angebots die Teilnahme verpassten.

Rally ist ein Blockchain-basiertes soziales Netzwerk, mit dem Inhaltsersteller soziale Token starten können

Der Sektor für soziale Token – nicht fungible Token, die von Erstellern, Marken und Communities von Inhalten ausgegeben wurden – ist im Jahr 2021 auf dem Vormarsch. RLY und WHALE machen 83% der Marktkapitalisierung für soziale Token mit insgesamt 240 Mio. USD aus.

Maps.me integrates DeFi apps: Token sale launches on Monday

Maps.me integrates DeFi applications: MAPS token sale launches

Maps.me is the next provider waiting in the wings to bring the crypto economy to the app store. The MAPS token sale launches on Monday.

The flight of fancy of Polkadot (DOT), Uniswap (UNI) or Chainlink (LINK) shows: Decentralised financial applications are gradually reaching the mainstream. While the DeFi market was initially still a niche for risk-loving investors, more and more real economy Bitcoin Millionaire applications are evidence of a rapid adaptation process. With Maps.me, another „established player“ is setting foot in the world of decentralised finance.

Maps.me is a navigation app that can also be used offline. According to the Google App Store, more than 140 million users can download the corresponding maps before starting their journey without having to use up their data volume afterwards.

With the MAPS token, the app’s functions are now to be fundamentally expanded and a bridge built between cross-border travel and payment transactions. By integrating DeFi applications, Maps.me merges into a navigation, payment and investment app.

According to the white paper, a wallet will be integrated into the Maps.me 2.0 version, with which users can, for example, process booking transactions directly without switching apps. Users will be able to create accounts with several currencies and benefit from low fees for cross-border transfers.

In addition, users will have the option of investing their funds in DeFi applications.

We intend to give our users the opportunity to generate returns on their savings by lending them directly and securely to borrowers. We also plan to allow our users to trade a variety of assets that are not restricted by geographical boundaries and transaction sizes.

MAPS Token

Token holders will receive voting rights per token in the future and will be able to benefit from Maps.me’s revenues. According to Maps.me, all revenues minus costs will benefit the holders „through mechanisms voted on by the token holders“. These revenues consist of transaction fees on the platform and costs for advertising partners, among other things.

In addition, the app will rely on a loyalty bonus programme in the future. Token holders are thus „entitled to personalised rewards and services based on actions and token holdings“. The more tokens one holds, the more generous the rewards will be. The DeFi infrastructure is built on Serum’s Solana blockchain.

The supply is limited to 10 billion MAPS tokens. Of these, 10 per cent are initially unlocked. The remaining 9 billion tokens will flow into the Supply over a period of seven years. The Initial Exchange Offering will initially cover 100 million tokens and will start tomorrow, Monday 1 February 2021, on FTX, Serum and Bitmax.

Gli strumenti necessari per gestire

Gli strumenti necessari per gestire il tuo investimento in criptovalute

Investire il proprio denaro in qualsiasi attività finanziaria richiede di essere in grado di gestire l’investimento in modo efficace. La maggior parte delle interfacce di mercato nel 21° secolo sono interamente digitali, dalla ricerca all’immagazzinamento, quindi avere gli strumenti giusti che ti permettano di fare scambi in modo efficiente e controllare e gestire i tuoi beni è vitale. Con le criptovalute, ci si affida a strumenti interamente digitali per gestire beni interamente digitali.

Per essere un efficace investitore di criptovalute, c’è una specifica infrastruttura digitale che Bitcoin Loophole tutti i trader professionisti utilizzano. Di seguito sono elencati gli strumenti di cui hai bisogno per gestire i tuoi investimenti in criptovalute.

Una VPN

Una VPN è uno strumento utile da avere quando si fa trading di criptovalute perché impedisce che il tuo indirizzo IP sia tracciato, il che significa che la posizione del tuo PC non sarà associata al tuo indirizzo di scambio o di portafoglio. Se hai oscurato il tuo indirizzo IP, può anche permetterti di aggirare eventuali divieti governativi e commerciare più liberamente.

La maggior parte delle buone guide su come fare trading di criptovalute raccomandano di usare una VPN per fornire quel livello extra di sicurezza ad un’attività che è in cima alla lista degli obiettivi dei criminali informatici.

Una piattaforma di trading

Tutti gli investitori seri che stanno cercando di fare trading sia a breve che a lungo termine utilizzano un terminale di trading per connettersi a tutte le principali borse di criptovalute. Questi terminali di trading di criptovalute sono simili ai terminali di trading usati da altri trader di asset presso banche, fondi e istituzioni finanziarie (per esempio, Bloomberg).

Gli investitori seri di cripto hanno spesso due o più terminali attivi in qualsiasi momento così come molti o più schermi desktop impostati che permettono loro di avere la visione più ampia ed efficiente possibile di tutte le loro informazioni. Molte delle piattaforme proprietarie hanno anche i loro propri terminali.

Strumenti di ricerca

Gli strumenti di ricerca sono aiuti essenziali per l’investimento che chiunque entri in qualsiasi classe di attività dovrebbe capire e fare un uso estensivo. Gli strumenti di ricerca forniscono un’analisi sia quantitativa che qualitativa, approfondiscono i fondamentali del mercato, esaminano la politica macro e microeconomica che influenza i prezzi delle monete e una varietà di altre metriche.

Gli strumenti di ricerca raccolgono e presentano dati molto complessi, e alcuni presuppongono una conoscenza di base molto più elevata di altri. C’è una vasta gamma di strumenti di ricerca cripto e siti là fuori per aiutarti a prendere le decisioni di investimento più basate sulla conoscenza possibile.

Un portafoglio

Un portafoglio di criptovalute è un’applicazione che permette al possessore di una valuta di conservare e accedere alle sue varie monete. Il tuo portafoglio è utilizzato per inviare e ricevere fondi ed effettuare transazioni. Alcune borse hanno i loro portafogli proprietari, mentre altri portafogli ti permettono di tenere e gestire una varietà di monete diverse. Senza un portafoglio, non puoi investire in criptovalute e detenere monete perché sono interamente beni digitali.

Uno strumento contabile/fiscale

Se stai investendo seriamente in criptovalute e stai iniziando o pianificando di fare una quantità significativa di denaro, dovrai considerare le implicazioni contabili e fiscali delle tue transazioni. Le plusvalenze sulle criptovalute sono tassabili, e oltre a tenere traccia delle tue attività con programmi come Microsoft Excel, ci sono anche strumenti fiscali dedicati per aiutarti a tenere sotto controllo i tuoi acquisti e le tue vendite a fini fiscali.

Un aggregatore di notizie

Se sei seriamente intenzionato a rendere gli investimenti in criptovalute una parte significativa del tuo reddito, allora vorrai vivere e respirare le notizie sulle criptovalute. Le criptovalute sono volatili e soggette a forti fluttuazioni di valore. Non essere in anticipo, o almeno giusto sulla curva di queste oscillazioni, e le informazioni e le notizie che le guidano, è una ricetta per grandi perdite.

Guarda gli aggregatori di notizie gratuiti come Feedly che ti permettono di creare feed di notizie personalizzati basati su qualsiasi settore, nicchia o argomento tu scelga. Basta impostare una sottovoce „criptovaluta“ sul tuo cruscotto, aggiungere pubblicazioni importanti, feed e pagine di social media, subreddit e qualsiasi altra cosa tu possa pensare, e otterrai ripartizioni aggiornate al minuto di tutte le conversazioni rilevanti di cui devi essere consapevole per prendere decisioni di investimento informate.

Un portafoglio hardware

I portafogli hardware sono diversi dai portafogli software in quanto memorizzano le chiavi degli utenti in un pezzo di hardware sicuro. Offrono un ulteriore livello di protezione e sono preferiti dai trader e dagli investitori che hanno iniziato ad accumulare un numero significativo di monete.

Il loro vantaggio principale rispetto ai portafogli software è che le chiavi sono di solito memorizzate in una parte fortificata del microcontrollore che vieta il trasferimento di qualsiasi dato in chiaro. Di solito si presentano sotto forma di un piccolo dispositivo plug-in, spesso attaccato a un portachiavi, che consente di accedere in modo sicuro ai propri investimenti da qualsiasi luogo.

Former US Treasury boss admits it: ‚Bitcoin is here to stay‘

Bitcoin isn’t so bad after all

While some top financial officials, like Christine Lagarde (the ECB president), continue to denigrate Bitcoin (BTC), others are beginning to admit that it’s not just a passing fad. This is the case today with Larry Summers, former US Treasury Secretary.
Bitcoin’s secret: a strictly limited supply

Lawrence Henry Summers was the U.S. Treasury Secretary under Bill Clinton’s administration from 1999 to 2001. In 2014, he also came close to taking over as head of the U.S. Federal Reserve (Fed), before Janet Yellen was preferred to him.

In an interview with Bloomberg’s Wall Street Week, Larry Summers was asked to give his opinion on the world of cryptocurrencies, especially on the bubble (or not) situation of the current Bitcoin prices:

„I think an institution like Bitcoin is here to stay. I don’t think it’s going to collapse (…)“

Fmr Treasury Sec Larry Summers:

„I think some institution, like [#bitcoin], is here to stay. I don’t think the whole thing is going to collapse…people are going to move toward it…the finiteness of its supply [is] going to raise prices.“ pic.twitter.com/WVDMXFPoKz
– Neil Jacobs (@NeilJacobs) January 17, 2021

Bitcoin, a currency with a golden future?

The former Treasury Secretary also mentioned that he thinks Bitcoin is „much more resilient“ than other currencies or assets. This quality could lead to more and more people becoming interested in it, which, combined with its „limited supply,“ could well „drive up the price“ of Bitcoin.

That’s a surprisingly optimistic statement for the king of cryptos, especially from a former financial institution executive.

Summers isn’t the only one to change his mind: at the same time, former Canadian Prime Minister Stephen Harper was quietly comparing Bitcoin to the ancient gold haven. According to him, the two assets would be the only two serious challengers to the US dollar as a global reserve currency.

Even if the leaders currently in charge are much more cautious with cryptos (or even hostile, to put on a brave face), we can see a change in mentality among those who have a freer voice (because they are no longer in office). Little by little, Bitcoin is making its way to become a key player in the economy of tomorrow’s world.

Nigel Green solgte halvparten av sin Bitcoin Holding da prisen nådde $ 24k

Nigel Green, administrerende direktør i deVere Group, solgte halvparten av sine Bitcoin-beholdninger i løpet av julen som „det skal nå behandles som enhver annen investering – selg høyt og kjøp på nytt i fallet,“ i følge en nylig blogg innlegg.

“Jeg tror på Bitcoin”

På tidspunktet for avviklingen hadde Bitcoin-prisen nettopp krysset $ 20k, og ifølge en tracker hadde den skrevet ut en ny høyde over $ 24k. For å unngå tvil sa Nigel imidlertid at hans beslutning ikke skyldtes hans mangel på tro på kryptovalutaen.

I stedet forklarer han at det handlet mer om å ta fortjeneste.

Nigel bemerker det løs en pengepolitikk nødvendig av regjeringers behov for å støtte økonomier, tvinger investorer til Bitcoin, et verktøy som har dukket opp som et alternativ til gull som en sikring mot inflasjon.

I tillegg er oppføringen av Wall Street-megalitter og globale betalingsselskaper verdifull for krypto og vil øke forbrukernes interesse:

“Med noen av verdens største institusjoner – blant dem, multinasjonale betalingsselskaper og Wall Street-giganter – hoper seg inn i kryptokurver og tar med seg deres enorme kompetanse og kapital. Dette øker naturligvis forbrukernes interesse. Når regjeringer fortsetter å støtte økonomier og øke forbruket på grunn av koronaviruskrisen, vil investorer i økende grad se på Bitcoin som en sikring mot den legitime inflasjonsbekymringen. ”

Bitcoin-prisbanen er unektelig oppover

I slutten av oktober kunngjorde PayPal offisielt inngangen til kryptovaluta og sa at den ville støtte flere kryptovalutaer, inkludert Bitcoin.

BTC-prisen samlet seg på denne nyheten, og danner et grunnlag for den endelige breakout over $ 20k. Siden den gang har BTC / USD-paret steget over flere salgsvegger og nådde $ 34,7 000 3. januar.

Ifølge trackere har prisene siden falt tilbake, og falt fra all-time highs til rundt $ 31k.

Med den nåværende sammentrekningen, kan det gi Nigel en annen mulighet til å laste opp mer BTC for billig siden „Bitcoins langsiktige prisbane er unektelig oppover.“

I henhold til deVere Groups siste undersøkelse vil 75 prosent av investorene med høy nettoverdi være fullinvestert i kryptovalutaer innen utgangen av 2022. Sammen med myntenes egenskapene og institusjonelle inntreden kan BTC / USD-prisen stige på lang sikt.

Citi stuft die MicroStrategy-Aktie nach einer mutigen Bitcoin-Wette herab

MicroStrategy wurde am Dienstag von „neutral“ auf „verkaufen“ herabgestuft.

Die Aktien von MicroStrategy fielen am Dienstag, nachdem die Citibank das Business-Intelligence-Unternehmen Berichten zufolge wegen seines „unverhältnismäßigen“ Bitcoin-Fokus herabgestuft hatte.

Der Citi-Analyst Tyler Radke gab ein Verkaufsrating für MSTR ab, kurz nachdem das Unternehmen angekündigt hatte, mehr Geld für den Kauf von Bitcoin System zu sammeln . Laut Radke birgt der „unverhältnismäßige Fokus von CEO Michael Saylor auf Bitcoin“ die Anleger einem erheblichen Risiko, insbesondere nach einer „überzogenen“ Rallye seit September.

Er schrieb :

„Die Bitcoin-Investition von MSTR hat seit August 20 250 Mio. USD (oder einen Wert von 26 USD / Aktie oder + 20% für Aktien) zurückgegeben. Obwohl es beeindruckend ist, verblasst es im Vergleich zu der Rendite von 172% in der Aktie. Zum aktuellen Aktienkurs deutet unsere Analyse darauf hin, dass der Markt viel optimistischere Bewertungsszenarien für das Kerngeschäft und Bitcoin einpreist. “

MicroStrategy-Aktie von Yahoo Finance

Der Aktienkurs von MicroStrategy ist seit August gestiegen, als das Unternehmen erstmals sein Bitcoin-Spiel ankündigte. Viele Anleger betrachten MSTR angesichts der enormen digitalen Währungsreserven des Unternehmens als indirekte Investition in Bitcoin.

Am Montag, den Micro enthüllt Pläne weitere $ 400 Millionen in seine Bitcoin – Treasuries zuzuordnen. Zu diesem Zweck plant das Unternehmen die Ausgabe von Wandelanleihen im Wert von 400 Mio. USD. Wie Cointelegraph berichtete , würden 400 Millionen US-Dollar die Bitcoin-Reserven des Unternehmens um mehr als 20.800 BTC erhöhen.

MicroStrategy ist mit Abstand der größte Unternehmensinhaber von Bitcoin. Derzeit sind 40.824 BTC in den Büchern, was einem Gesamtwert von 2,756 Milliarden US-Dollar entspricht.

Institutionelle Investoren und Unternehmen wenden sich an Bitcoin, um sich gegen Inflation und Dollarinstabilität abzusichern. Saylor hat die Bargeldreserven seines Unternehmens mit einem „schmelzenden Eiswürfel“ verglichen, da die Kaufkraft des US-Dollars weiter sinkt. Er glaubt, dass die Inflation der Vermögenswerte auf mehr als 20% pro Jahr ansteigen wird.

Experts see the weekend’s upswing as a negative harbinger for Bitcoin

Although Bitcoin was able to climb back to $ 18,000 over the weekend, the experts urge caution.

Bitcoin ( BTC ) jumped over the US $ 18,000 mark on November 29th, with a temporary high of US $ 18,209 on the major crypto exchange Crypto Trader. However, despite the weekend rally, investors remain cautious.

At 18,200 US dollars, there is resistance for the cryptocurrency in the form of the moving average of the last 10 days (10-day MA). As Cointelegraph reported yesterday , some experts believe that Bitcoin will continue to decline before the upward trend can resume at a later date.

Bad sign?

The trader under the pseudonym “Crypto Capo” had already predicted when Bitcoin had slipped to 16,000 US dollars that it would initially go back to 18,000 US dollars, which has now come true.

However, this is not good news because, as he told his followers on November 27 , when Bitcoin was still at $ 16,700, he wanted to sell immediately as soon as the market-leading cryptocurrency is back at $ 18,000.

When the upswing to US $ 18,000 actually followed today, he made a small change of plan by buying new Bitcoin and thus building up a hedge if the price goes up contrary to expectations. Initial confirmation of his original thesis that Bitcoin will drop sharply after jumping to $ 18,000 would be a downturn to $ 17,400.

Should the price slide below this mark and then even fall below the $ 16,800 mark, a crash to just $ 14,000 would be all the more likely.

However, if Bitcoin can climb above $ 18,400 and then settle at $ 18,200, it would refute his negative forecast, which he believes is unlikely but possible. For this reason, he himself is two-pronged.

Possible scenarios for Bitcoin. Source: Crypto Capo

Another trader under the pseudonym „Loma“ is in the same line. After the share price was still positive at 17,500 US dollars, he now claims to have sold almost half of his long position.

The trigger for this move is that, in his opinion, Bitcoin is heading for heavy resistance in the range of 18,200 – 18,400 US dollars. Accordingly , he writes :

“At $ 18,080, I closed half of my long position. I don’t want too much on the books by the end of the week / month. Once we climb above $ 18,400 we will have plenty of buying opportunities again, but when it goes down we won’t have many good opportunities to sell. “

There is still hope …

A technical analyst named „CryptoBirb“ adds that Bitcoin usually has two types of returns, either 15% or 30%.

He himself expects a downturn to $ 14,000 but, like his colleagues, does not consider this to be set in stone. To this end, he refers to several technical indicators that support his suspicion . Bitcoin would find itself in the oversold area for the first time during its several weeks of climbing:

“There are two types of downturn in BTC: either -15% or -30%. My guess is a drop to $ 14,000. The first time we got back to the middle and the first time we are back in the oversold area since the climbing party started. These are two VERY strong signs. However, I would be very happy about a new record high before Christmas. And you?“

Amerikanske senator Cynthia Lummis for at sikre, at kongressen forstår, at Bitcoin er en ’stor butik af værdi‘

Bitcoiner Cynthia Lummis er blevet valgt til det amerikanske senat.

Hun har afsløret, at en af ​​hendes prioriteter er at forklare sine kolleger i kongressen om, at Bitcoin Trader er „en stor butik af værdi.“

Cynthia Lummis planlægger at overbevise kongressen om, at Bitcoin er en stor værdibutik

Cynthia Lummis er blevet valgt til at repræsentere staten Wyoming i det amerikanske senat og skaber historie som den første kvinde til at gøre det. Hun tjente tidligere i US Repræsentanternes Hus i otte år som en Wyoming konservativ republikaner.

I et interview med Fox News tirsdag blev Lummis spurgt: ”Hvad planlægger du at gøre? Hvad er dine højeste prioriteter? ” Hun forklarede, at hun planlægger „at arbejde på flere spørgsmål, herunder sager for at forsøge at reducere vores [nationale] gæld og vores underskud.“ Den valgte senator uddybede:

Jeg planlægger også at forklare mine kolleger om bitcoin. Jeg ved, at der ikke er meget kendt om bitcoin især i kongressen. Så jeg vil sikre mig, at alle forstår, at dette er en stor værdibud.

„Det er noget, som amerikanerne kan bruge til at diversificere deres aktiver og for at sikre, at de har aktiver, der ikke har inflation indbygget i dem, som den amerikanske dollar gør,“ mente Lummis.

Lummis købte sin første BTC i 2013, og hun er nu en hodler. „Jeg blev ramt af, hvor innovativ bitcoin er med sin decentrale offentlige hovedbog og en fast forsyning,“ sagde hun tidligere. „Bitcoin for mig har vist stort løfte og kan stige som en levedygtig alternativ butik af værdi for den amerikanske dollar både på det institutionelle niveau og det personlige niveau.“

For nylig var der et initiativ til at uddanne medlemmer af kongressen om kryptokurrency. Initiativet „Crypto for Congress“, der blev lanceret i oktober af Chamber of Digital Commerce, leverede et bidrag på $ 50 bitcoin til alle 535 medlemmer af Kongressen. Målet var at udvide „brugen og vedtagelsen af ​​kryptokurver blandt kongreskandidater, valgte ledere og engagerede borgere“, detaljerede kammeret.

Analyst explains: That’s why buying Bitcoin at $ 16,000 is risky

According to Marc Principato of Green Bridge Investing, the Bitcoin bulls should prepare for a bow once the cryptocurrency closes above $ 16,000.

The executive director projected the level as an opportunity for traders to make some profits. He adds that they would most likely bring that money back into the Bitcoin Bonanza market at a lower level – and he warns optimists not to go long near $ 16,000 as a result.

„Our plan requires 3 things to unfold before we can take any chances,“ Principato said in a note posted on Monday. “First, we need to reach a predetermined level (14,250 to 13,600). Second, we need price actions to have a clear structure (chart pattern, candle pattern, etc.). And third, we need confirmation. “

And:

„As soon as we can measure the risk and determine a favorable probability, we will share our idea and start a new swing trade“

On the subject of fundamentals

The statement followed the parabolic Bitcoin move from $ 10,500 in September 2020 to [nearly] $ 16,500 in November 2020. Many analysts agree that the prospect of ultra-low interest rates and infinite bond purchases has brought lower returns to the Treasury. That, in turn, has led investors to put money in assets like Bitcoin.

Some also believe that a rising budget deficit, led by the U.S. government’s $ 2.3 trillion coronavirus incentive aid, has poured some of the liquidity into the Bitcoin ecosystem. Other bullish catalysts included institutional investments and PayPal’s decision to introduce Bitcoin buying and selling services on its payment platform.

However, Andrew Gonci, CEO of Green Bridge Investing, comments that Bitcoin traders had already taken over all the upside catalysts by sending the price towards $ 16,500. Now the cryptocurrency is trading at its actual spot rates – an overbought asset that requires some degree of downward correction.

„Most think you’re either all in or all out, but if you bought 100 million bitcoin at 10,000 and it’s now 160 million at 16,000, you will likely take at least 16-32 million off the table,“ added Gonci. “This is how hedge fund managers think; they don’t go on Hopium! “

Capital comes at record speed

On-chain analyst Willy Woo, meanwhile, believes that capital is entering the Bitcoin market at record speed instead of leaving it. He quotes the realized price – a metric that measures the estimated average cost base that Bitcoin investors have paid.

Woo explains:

“Organic price actions take place when the BTC price is closely related to the investor capital that is going in and out. If it is an inorganic BTC price, it will be dominated by short term derivatives traders „

This catastrophic cryptocurrency goes live, everyone wants to save their skin – Bitcoin Cash (BCH) record on exchanges

It’s going to hurt for BCH – A possible new „hash war“ is shaping up on the Bitcoin Cash (BCH) network this Sunday, November 15. In this perspective of a litigation fork, which could create 2 different cryptos, many are repatriating their BCH on crypto-exchanges ready for the coming clash.

A tax story that does not pass

To make it short, the Bitcoin Cash community is split between those who want to implement an 8% tax on mined block rewards and those who categorically reject this forced taxation.

The pro-taxes have come together under the banner of Bitcoin Cash ABC (or BCHA ) led by Amaury Séchet , while the anti-tax have joined forces with Roger Ver , under the name of Bitcoin Cash Node (or BCHN ).

Faced with this prospect of having 2 cryptos for the price of one , data from the Chainalysis site clearly indicates that a significant influx of BCH has landed on crypto trading platforms.

Influx incoming BCH on the exchange platforms

In the past 7 days, $ 270 million worth of Bitcoin Cash has been deposited on crypto exchanges. This equates to just over 1 million BCH . Therefore, if the hard fork were to create a BCHA and a BCHN, BCH owners would simply have the 2 new cryptos, without having to do any manipulation .

All for nothing?

It should be noted in passing, again thanks to data from Chainalysis, that BCH exchange volumes have not changed . So there doesn’t seem to be a wave of buying or converting to BCH.

As the owners of this BTC fork do not want to sell either (in view of the hard fork and its possible doubling of cryptos), the trading volumes of the last 7 days are even a 6-month low .