Thoughts about cryptocurrencies
8 Jul 2020 1 minute read 0 comments Jumble
Use Point and Figure Charts to easily find support and resistance Introduction Support and resistance levels are easily found on a Point and Figure (P&F) chart. A P&F chart shows a column of stacked Xs or Os. A column of Xs show an increase in price...
7 Jul 2020 1 minute read 0 comments Jumble
Introduction At this time, the price of Bitcoin (BTC) is range bound and the daily trading price range is low. Resistance for BTC is in the range of 10,200 to 10,500. It has moved into this area three times. Support for BTC is in the range of 8,825...
5 Jul 2020 1 minute read 0 comments Jumble
Introduction Dfinity is a non-profit organization headquartered in Zurich, Switzerland. The Dfinity network is a decentralized computer network of data centers that operate independently. The Dfinity network is an open and public network. Dfinity has...
30 Jun 2020 6 minute read 0 comments Jumble
Introduction It is possible that blockchain applications can make life easier. This is because for much of what you do every day will be: improved optimized automated. A previous post gave a general list of blockchain applications. This post will g...
28 Jun 2020 1 minute read 2 comments Jumble
Introduction It is thought that in the future, blockchain applications will be used for traditional business processes. A user will select a blockchain as an alternative to a traditional business process for the following properties in a blockchain:...
24 Jun 2020 2 minute read 3 comments Jumble
Introduction It is known that most of decentralized applications (dApps) operate on the Ethereum blockchain. A report by Fluence Labs in 2019 showed the percentage to be 87%. The amount of dApps on the EOS and TRON blockchains is shown below. Most l...
21 Jun 2020 1 minute read 0 comments Jumble
Three proofs for the price of Ethereum is because of speculation 1. Most of the transactions on Ethereum are to buy, sell, or swap ETH The number of transactions that occur on the Ethereum blockchain and the price of Ethereum (ETH) are highly correla...
17 Jun 2020 1 minute read 0 comments Jumble
Introduction In an earlier post the HODL results for 1-year and year-to-date for the Binance (BNB), OKEX (OKB), and Houbi (HT) exchange tokens are shown. The usual subsequent question is, “what is the correlation between the exchange tokens and Bitco...
16 Jun 2020 1 minute read 0 comments Jumble
What is an exchange token? An exchange token is a utility token that is issued from a cryptocurrency exchange. The most known exchange tokens are: BNB issued by Binance HT issued by Huobi OKB issued by OKEx LEO issued by Bitfinex. The owner of an e...
14 Jun 2020 1 minute read 2 comments Jumble
Introduction A utility token is a digital asset that is necessary to use in a blockchain ecosystem. The utility token is used to purchase a good or service. Utility tokens are used with decentralized applications (dApps). A utility token is not minea...
