Author: dfmines

Would anyone be so kind as to send me some Rinkeby Eth? Faucet seems to be down 0x52c381636A3BAB7Cb479AB4Fd2B15e7847aF8600 submitted by /u/autoshag [link] [comments]

submitted by /u/Neubtrino [link] [comments]

submitted by /u/titi1992ks [link] [comments]

Technically, why? I’m not very knowledgeable yet on the technical differences between bitcoin and “utility” protocols like ethereum besides simple stuff like block size and proof of work/stake. What does it even mean to “build” an app on a blockchain? A blockchain itself is essentially just an encrypted ledger. Where are these apps being built?…
Read more

All these dam shit coins everywhere you look. over there (Coin I don't own) up there (Coin I don't own) down there (Coin I don't own). Shitcoins in all directions. This community needs to get serious and do their research. There is only one true cryptocurrency and we all know what it is. It's (Coin…
Read more

If at all you have Missed out on the recent updates from StaFi protocol, I’m taking immense confidence to tell y’all that StaFi rToken App has integrated Tidal's Insurance. ✅Good one for rETH holders as they can now purchase the insurance with $FIS and $USDC (Polygon), This time around, Total insurance cap for purchasers will…
Read more

On-chain data shows Bitcoin miner reserve is growing as miners are accumulating BTC. The Puell Multiple confirms that miners don’t want to sell at the current price level. Bitcoin Miner Reserves Grow To Highest Value For The Year As pointed out by a CryptoQuant post, BTC miner reserve has been going up as miners seem to be waiting before selling. There are two indicators of relevance here. The first is the “miner reserve,” which is a metric that simply measures the amount of Bitcoin that miners are currently holding in their wallets. An uptrend of this indicator implies miners are accumulating their coins rather than selling. On the contrary, a downtrend would suggest miners might be dumping their Bitcoin. The other indicator is the famous “Puell Multiple,” a metric that tells us how profitable miners would be compared to the last year if they sold all their mined coins today. The Puell Multiple’s value is calculated by taking the ratio between the daily value of issued coins and the 365-day moving average of it. Related Reading | Bitcoin Bottom Signal From Bear Market, Black Thursday Could Save The Bull Run Now, here is a chart that shows the trend in the value of these BTC indicators over the past few months: Looks like the value of the miner reserve has been going up recently | Source: CryptoQuant As you can see in the above graph, the BTC miner reserve seems to be increasing. This value of the indicator is the highest it has been for the year. Related Reading | Goldman Sachs CEO Sidesteps Bitcoin Inquiries, Says Blockchain Is More Important Also, the Puell Multiple’s value seems to be around 1.13. Such a low value indicates that miners aren’t finding it that profitable to sell at the current level. This explains the uptrend of the miner reserve as miners are currently holding on to their coins. So, the Puell Multiple’s current value might mean that Bitcoin is undervalued at the moment. This trend could prove to be bullish for the coin’s price. BTC Price At the time of writing, Bitcoin’s price floats around $49.7k, down 12% in the last seven days. Over the past month, the crypto has lost 26% in value. The below chart shows the trend in the price of BTC over the last five days. BTC’s price seems to have only moved sideways in the last few days | Source: BTCUSD on TradingView Since the crash around a week ago, Bitcoin has mostly been in consolidation as the price of the coin looks to be stagnating. Currently, it’s unclear when the crypto might break out of this rangebound market or which direction it will escape in. Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant.com

submitted by /u/attmgromov [link] [comments]

i bought 1 eth when it was 1500$. if i sell for profit above my initial buy in point would that still count as 1 eth on the block chain?technically im only taking profit from the top,or would i be selling the actual coin aswell. submitted by /u/goingmyownway_ghost [link] [comments]

It has been a few days since we entered extreme fear. As far as I have seen, it has not lasted more than a few days at most (I obviously have not been in this crypto world for a long time). I saw some posts and comments of people saying that the best time to…
Read more