Insights into the crypto markets

The new Weiss Cryptocurrency Ratings are the first by a financial rating agency. They are based on a groundbreaking model that analyzes thousands of data points on each coin's trading patterns, technology, and usage.

https://weisscryptocurrencyratings.c...s-explained-15

No offence to these guys, but I would take most these ratings with a pinch of salt- their skills lie with traditional stocks. To jump into the crypto currency market like this is not simple and without a wealth of experience in the space, it is going to be very difficult to put together a valuable set of ratings.

Over the weekend it was revealed that CoinCheck’s hot wallet was hacked and client funds in XEM coins, native to the NEM blockchain, worth $530 million were stolen, making it the largest heist in cryptocurrency history so far.

So far the the executives of the Japanese cryptocurrency exchange refused to admit security flaws.

At a news conference on Sunday, the CEO of CoinCheck and several other executives told reporters that the exchange is planning to refund its clients and resume trading, without revealing further details. In fact, it seems, at this point there are no specific plans and nobody at Coincheck knows how exactly the funds were stolen.

insider job

The unit price of one Bitcoin would be approximately $25,000. 10% or 15% of the gold market puts Bitcoin easily in the $100,000 range.

Attached Image

Note: Bitcoin’s current market cap is appropriately $132 billion

6. BTCROBOT
One of the very first automated bitcoin trading bots to ever be created goes by the name of BTC Robot. While it seems to do the job and is quite easy to set up, user’s mileage may heavily vary when using this tool. Some people seem to be making modest profits, whereas others seem to struggle to get it to work properly. There is a 60-day refund policy, which makes it a no-brainer to try out regardless.

5. GEKKO
The Gekko trading bot is an open source software solution hat can be found on the GitHub platform. It was last updated a month ago, which seems to indicate it is still being actively developed. Using this automated trading bot seems rather straightforward, as it even comes with some basic strategies. It is not a high-frequency trading bot by any means, nor will it exploit arbitrage opportunities. With a good list of supported exchanges, Gekko could be worth checking out.

4. CRYPTOTRADER
One of the more attractive – yet unknown – solutions goes by the name of CryptoTrader. The service offers cryptocurrency users automated trading bots running on cloud platforms. Not having to install unknown software is a big plus, albeit it remains to be seen if this platform is legitimate. One intriguing feature is how CryptoTrader features a strategies marketplace where anyone can buy or sell their favorite trading strategy.

3. ZENBOT
Another open-source solution for bitcoin traders goes by the name of Zenbot. Albeit this bot has not seen any major updates over the past few months, it is available to download and modify the code if needed. This marks the third iteration of Zenbot, which is still a lightweight and artificially intelligent bitcoin trading bot. It is also one of the very few solutions capable of high-frequency trading and supporting multiple assets at the same time. According to the GitHub page, Zenbot 3.5.15 makes a 1.531 ROI in just three months, which is quite surprising.

2. TRADEWAVE
Although technically not a bot in the traditional sense, Tradewave is a platform allowing users to create automated bitcoin trading strategies. Users can connect most of the major exchanges to enable live trading within a few minutes. Moreover, there are quite a few trading strategies shared by community members for other users to try out. Tradewave is not free to use, though, as plans start at just US$14 per month.

1. HAASBOT
The Haasbot is somewhat popular among cryptocurrency enthusiasts. On paper, Haasbot does all of the trading legwork on behalf of the user, although some input is required. Haasbot supports all of the major exchanges and is capable of recognizing candlestick patterns. Considering it costs between 0.12 BTC and 0.32 BTC per three-month period to use this tool, one has to be committed to using the software and hopefully make a profit from doing so.

Source: https://themerkle.com/top-6-bitcoin-trading-bots/

https://www.tradingview.com/symbols/BTCUSDSHORTS/

An excellent resource. https://onchainfx.com/

It’s one of the best-known cryptocurrency legends: The guy who bought two pizzas with 10,000 Bitcoin back in 2010 to prove the digital currency worked. Now he’s at it again.
This time, early Bitcoin developer Laszlo Hanyecz wanted to test the Lightning Network, a technology that runs parallel to a blockchain like Bitcoin’s network and aims to speed up transactions. He ended up paying 0.00649 Bitcoin for two pizzas, or $67, and the transaction cost about 6 U.S. cents.
When Hanyecz bought pizza with Bitcoin about eight years ago, it was one of the first purchases done with the cryptocurrency, and it showed the Bitcoin community that it could actually be used as a means of exchange, he said. That was put in doubt late last year as transaction fees skyrocketed to as a high as $55, according to data provider BitInfoCharts, making everyday purchases impractical. Developers, including those for the Lightning Network, are working on ways to solve this problem.

Here is the timeline of Bitcoin, check it out.

Let's hope lightning can be the answer.
About 18 months ago, I decided to try out a local BTC ATM. I put in $40, and after ATM fee and BTC transaction fee, I got back about $18 in BTC. BTC fee was about $17.

At some point the ATM's may be useful, but not something I'd try again now.

Original post of the transaction. https://bitcointalk.org/index.php?to...sg1195#msg1195

Pretty cool filters. My go to is https://coinmarketcap.com/

https://cdn1.telesco.pe/file/hlu117S...YjyJqbhaTQ.mp4

Bitcoin's market dominance has leveled out considerably.

Me too. However I would love to see the site updated with some new features.

Thought it might be useful to also post long positions https://www.tradingview.com/symbols/BTCUSDLONGS/

and BTC longs vs shorts ratio https://www.tradingview.com/symbols/...:BTCUSDSHORTS/

A comprehensive cryptocurrency market visualization. I have found this tool extremely helpful.

https://coin360.io/

Good find! Reminds me of https://finviz.com/map.ashx

The number of bitcoin short positions just hit a 3-month low. The bearish sentiment around bitcoin sank to three-month lows earlier Nov. 6th as short positions placed on crypto exchange Bitfinex fell to their lowest level since August 5th.

At approximately 11:00 UTC, the number of short positions dropped to 21,434, which represents a 33 percent drop in the past eight days alone. During the same time, longs – or positions that are betting on an increase in bitcoin's price – also witnessed a notable increase of 10 percent, the current number of which (24,410) marks a three-week high.