This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Saturday, 12 January 2019
Blockchain Research Now Granted Tax Credit in South Korea This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source http://bit.ly/2AIwzf7
via IFTTT
Banks in India: Don’t Touch Bitcoin Or Your Accounts Will Be Closed This article was originally posted on Bitcoinist - one of the leading sources for information about Bitcoin, digital currency and blockchain technology. With one of [...]
from Crypto News Monitor | The #1 Cryptocurrency News Source http://bit.ly/2SVZG5T
via IFTTT
Age of moving coins as a predictor of the bottom
Research suggests that the age of coins being spent – in particularly the 1 year+ UTXO – is on the rise.
Holders are getting stronger: over half of all bitcoin hasn’t been moved in a year. 20% hasn’t moved for five years, and much of that may be lost. Delphi Digital uses this information to forecast the bottom of the market is close.
Before we go further, a quick definition of terms is in order. Every time bitcoins are ‘spent’ – i.e. moved – new outputs are created on the blockchain. These outputs are chunks of coins that may be combined in a new transaction, or sent individually; it doesn’t matter. Every bitcoin transaction has inputs – coins owned by the sender – and outputs, or the result(s) of that transaction. The outputs are known as Unspent Transaction Outputs, or UTXO.
The UTXOs used for a new transaction may have been sat in their addresses for just a few minutes, or they could have been hodler coins left dormant for years. Thanks to the nature of the blockchain, and the fact that every transaction is timestamped, we can gain some very interesting insights from the ages of coins being spent. For example, if a coin hasn’t moved for five years, you know the owner acquired it back when prices were a fraction of what they were today. It’s not a precise science, but it gives us a broad sense of the initial value of coins being moved. And that, in turn, gives us a sense of whether hodlers might be tempted to sell at current prices.
https://cryptoinferno.org/news/age-moving-coins-predictor-bottom/
[link] [comments]
New round of trolls appears, you know what rhat means...
They're getting really scared of BCH again, must be time to buy more! :) I need to revisit Purse and spedn/replenish...
[link] [comments]
source https://www.reddit.com/r/btc/comments/af7x0m/new_round_of_trolls_appears_you_know_what_rhat/
-
Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
-
submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
-
submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...