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Showing posts from February, 2019

Market Recovery? Or You Just Missed Something

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Market Recovery? Or You Just Missed Something F orget about Sunday's sell-off which read a 8% downtrend, let's talk about the real market status following the 2018 Cryptocurrency Crash. Bitcoin, and other crypto assets surrounding it, seems to bottom out from the $3K support level. Here we don't guarantee its safety at above-3K level, it would have to dive several times before scaling the peak of $20K, or what Tom Lee has predicted: $150K as the fair value of Bitcoin. It retrospect, Sunday's fall couldn't be simply dubbed as a tragedy or bubble-blast, quite opposite, it was served as an introduction, claiming the market recovery of overall cryptocurrencies. Though the ice sheet is melting down, investors and traders are still bothered by the future of cryptocurrency. They are survivors of the last war, struggling to hold their devalued digital asset with unbalanced thoughts: Either all-in one more time as a martyr and face the uncertainty or being a TA re

Coinyee Weekly (Feb 18— Feb 24)

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Coinyee Weekly (Feb 18 — Feb 24 ) ANNOUNCEMENTS №1 The announcement on CT Transaction and Dividends of Feb 24  24:00(UTC+8), 2019 As of Feb 24  24:00(UTC+8), 2019: CT Total Circulation Amount: 48845271.37CT CT Calculated for Daily Dividends: 48845271.37CT Total Transaction Fee (50% for Dividends):  49345996.98 CNY Find more on http://www.coinyee.pro/ WEEKLY CRYPTO ROUNDUP Bitcoin [BTC]: SegWit transactions’ volume peaking on the Bitcoin network Crypto Analyst: Bitcoin Investors Are Underwater, But BTC Bounces Back Quickly Post Office in Liechtenstein Now Sells BTC Indonesia : New Legislation Recognizes Crypto as Trading Commodity Bitcoin Surges Nearly 10% , Analyst Claims BTC Likely to Target Mid-$4,100 Region Next   Bitcoin Trading Hits Ten-Month High , As Prices Inch Towards $4K Survey Ranks South Africa Top for Cryptocurrency Ownership Elon Musk : Bitcoin Has ‘ Quite Brilliant ’ Structure, Paper Money is Going Away Mark Zuckerberg Consi

Coinyee Weekly (Feb 2 - Feb 17)

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Coinyee Weekly (Feb 2 - Feb 17) ⧪ANNOUNCEMENTS №1 The announcement on CT Transaction and Dividends of Feb 17  24:00(UTC+8), 2019 As of Feb 17 24:00(UTC+8), 2019: CT Total Circulation Amount: 48845271.37CT CT Calculated for Daily Dividends: 48845271.37CT Total Transaction Fee (50% for Dividends):49334862.71CNY Find more on http://www.coinyee.pro ⧪WEEKLY CRYPTO ROUNDUP 1.  Bitcoin's Lightning Network Continues Breaking Records: Now, Over 6,000 Nodes   2. Fundstrat Expects 2019 to Bring Incremental Improvements Supporting Higher Crypto Prices 3. Analyst Claims That Bitcoin (BTC) Could Surge to $5,000 in Coming Weeks 4. Finance Expert Ric Edelman: ‘Eventually We Will See a Bitcoin ETF’ 5. Bitcoin Adoption Gets Stronger in Venezuela As Trading Volume Hits All Time High 6. Global Bitcoin Acceptance Up More than 702% Since 2013 7. Crypto Trader: 2019 ‘Could Be’ The Last Time The Public Can Afford One Bitcoin (BTC) 8. Blockchain Advances In Africa, Overcoming Fun

Mute the Bear, Hear the Bull Roar: Coinyee Crypto

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Mute the Bear, Hear the Bull Roar:  Coinyee Crypto C rypto bridge is falling down? In fact, down is also with the public sentiment, though turning slightly green at the point of post apocalypse where Bitcoin has lost almost 80% of its market capitalization. According to the Fear & Greed Index  released by Alternative.me, market sentiment has collected itself after soaring to (almost) Extreme Fear, reading 48 as Neutral. Loss is usually referred to as the devaluation of the holding crypto asset in the emerging market, especially when it collapses. Along with social pressure piled up by mocks and negative disputes towards the die-hard crypto community, the time when you are hailed as “crypto evangelist” has long gone. Less likely to be opportunistic and barely recognized as the high time for new participants, the bear circle has kicked many standouts out of the game for good. The code of life for resilient retail investors is probably capitulated “Survive” rat

2018 in A Nutshell: Coinyee

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2018 in A Nutshell: Coinyee Note: The publication accidentally falls on Valentine ’ s Day, so it is forgave that you take a cup of coffee with your girl/boyfriend first, but emember to bookmark XD. 2018 has passed, and we’ve all got somewhat mixed feelings about the seemingly extended period during which 2019 was merely mentioned for it wandered farther afield in public minds like things that would never come. Now it is time to review it in a nutshell. Learning from the past is one of the only ways to develop a much better strategy for crypto exchanges like Coinyee. I n retrospect, 2018 was initiated with the whopping boom of cryptocurrency market, esp. that of Bitcoin. But in hindsight, we might better take it as Pandora’s Box for it descended dramatically in no time. Faded flamboyance and waste-like crypto landscape terrified part digital-native crypto traders and noob investors and even institutional investors. The longest bear circle in Bitcoin’s short history put

Coinyee Weekly (Feb 4 - Feb 10)

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Coinyee Weekly (Feb 4 - Feb 10 ) ANNOUNCEMENTS No.1 The announcement on CT Transaction and Dividends of Feb 10 24:00(UTC+8), 2019 As of Feb 10 24:00(UTC+8), 2019: CT Total Circulation Amount: 48845271.37CT CT Calculated for Daily Dividends: 48845271.37CT Total Transaction Fee (50% for Dividends): 49329296.22CNY Find more on  http://www.coinyee.pro No.2 Announcement on Repair of Coinyee APP on iOS Mobile System If you fail to log in Coinyee APP on your Apple smartphones or unable to operate due to certificate validity problem, you are suggested to uninstall the current APP on your phone or follow the below-mentioned instruction: Setting - General - Device Management - (Find) Zhejiang Baishuntong Information Technology Company - Delete the App. When job done, redownload the latest version on Coinyee official website (or use the url stated below) and validate the new App by: Setting - General - Device Management - Zhejiang Baishuntong Information