Hey, I recall some time ago eth researchers were looking into VDFs. I mainly remember Justin Drake talking about it. Since I understand they are not in the Eth2.0 roadmap, I am wondering wheter the Ethereum Foundation gave up on them? and if so why? submitted by /u/ethmaniac [link] [comments]
Various educational and developmental Bitcoin projects from around the world have now been granted funding, according to the Foundation.
Intro Yesterday, somebody in the comments of some thread asked for an ELI5 on why US bond rates matter and what their relationship is with markets and economies. What I wrote ended up being more like an ELI12, and also ended up being quite long; in any case, I have decided to modify it a…
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Buying and holding in any investment class is proven to outperform weak paper hands that sell anytime there is a 5% dip in the market. The best investment strategy in the long run is making small incremental investments in appreciating assets or assets that provide cash flow continuously instead of trying to time the market.…
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I know it isn't what you are supposed to do, but I cant game anymore. I am too busy and like to tinker with stuff around my apartment as a break from studying. I want some suggestions on my current set up. If I can get this set up and going I am flirting with…
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I want to have a better portfolio this 2022. I’ve missed out on a lot of good coins in 2021 due to my lack of knowledge and research. I saw this article talking about what cryptocurrencies that I should look out for this 2022. Which is Tron, Safle, Qan and Selfkey. What do you guys…
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submitted by /u/sleep_deficit [link] [comments]
Hi! I'm trying to support the network with a node and I'm playing around on windows, an ubuntu machine and also on my old Pi 2's… Port 8767 works fine, but I then realized that on https://www.ravennodes.com/nodes/ you find several nodes that are on different ports. I'm just curious how to achieve that. Neither starting…
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Mark Twain said that history doesn’t repeat, but it often rhymes. Such a scenario could be about to play out in Bitcoin, according to a potential fractal that mimics the setup before a previous record-breaking rally. While the conditions aren’t quite the same for an exact repeat, there could be enough for the price action now and then to rhyme just enough. Let’s take a closer look. Record-Breaking Bitcoin Price Fractal Found, But Is It Valid? Markets are cyclical and patterns repeat in those markets so often, they can be used to predict the future. Most of the statistically proven technical patterns include some type of geometric shape such as triangles and rectangles. But not all setups are so clear. Repeating patterns called fractals can appear, mimicking the price action of past moments. When fractals appear, they aren’t a perfect repeat of the situation before, but can yield similar results. Related Reading | Could Kazakhstan Turmoil Cause Another Bitcoin Hash Crash? The fractal in question is a setup from October 25, 2019 – in the past dubbed the “Xi pump” or “China pump.” Bitcoin price had swept support after more than a month of grinding against it, only to sharply reverse. Not only did price action reverse, the resulting short squeeze and FOMO led to a record-breaking 44% climb in a matter of 48 to 72 hours. It was the third-largest single-day rise in the cryptocurrency’s history. Price action mimics a fractal from October 2019 | Source: BTCUSD on TradingView.com Will The Death Cross Breathe New Life Into Crypto Bulls? The fractal above is eerily similar to the price action during the October 2019 downtrend. The peaks and troughs match well enough, as pictured above. What is more potentially telling, is the fact the same setup is brewing when Bollinger Bands are turned on. 12-hour BTCUSD timeframes show a similar pattern, then a very similar close outside of the lower Bollinger Band. After a pause and a pair of doji, Bitcoin price reversed and reversed hard. The Bollinger Bands could snap BTC back to $60K | Source: BTCUSD on TradingView.com If the pattern were to repeat or even rhyme, there is potential for a historic, record-breaking reversal. The last time the setup happened in October 2019, there was a 44% climb in the days that followed. Related Reading | 2022: The Year The Secular Bitcoin Bull Run Could End Another 44% climb would take Bitcoin back above $61,000 per coin and it could happen in just days. Fractals, however, aren’t valid, statistically proven patterns with any probability behind them. They simply can appear to look like past price action, but completely fail to yield the same results. Could Bitcoin pump into the death cross again? | Source: BTCUSD on TradingView.com Finally, there is a looming “death cross” on the daily, which also appeared around the same time as the so-called China pump. A death cross happens when the a short-term moving average – the 50-day MA – crosses below a long-term moving average – the 200-day MA. Despite all the similarities, the fractal above should be taken with a grain of salt – salt that may end up in the wounds of bears should this pattern play out. Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com
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