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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!
Monday, 8 March 2021
Bitcoin Stimulus Check bump by the numbers
I did a bit of research just to see what has happened the previous 2 times. It's very good news.
Stimulus check 1 beginning of disbursements:
April 24, 2020
Price of BTC $7498
Peak May 8 $9917
14 days, growth of 32%
Stimulus check 2 beginning of disbursements:
December 30, 2020
Price of BTC $28,768
Peak Jan 9 $40,519
10 days, growth of 41%
Stimulus check 3 beginning of disbursements:
March 22, 2021
Price of BTC ?
Peak maybe 12 days later on April 3?
Average of two previous growth periods, 36.5%
Price today 3/7 is $50,444
If that stayed flat until the 22nd, but then experienced similar growth to the two previous stimulus check bounces, then the new price on April 3rd would be $68,856.
This is only one metric, with limited samples, but chances are… you’re not too late.
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Sunday, 7 March 2021
I am not a trader. I'm a data scientist and BCH supporter but am building a site at https://TradR.fun that aims to give trading signals (Buy=1, Sell=0) based on social media activity, sentiment and trading volume. Guess which asset has preformed the best for me over the last week?
We’ve created a Damxchange token on BCH, right now it’s just a rewards token for customers but I’m think we may start issuing a % of our net income to token holders in the future. Let me know if you’d like some.
Article by general protocols sheds great light on 5 important, easy to fix limitations of BCH script. To have useful smart contracts and DeFi applications it's important these are worked on!
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