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Madman Says
Faced with such a market, the madman is a little helpless and frustrated. It is precisely because there is no supervision, so all ups and downs are market behaviors. A market that is completely supported by emotions naturally magnifies all human nature. When people are greedy enough Time, can continue to do anything beyond our cognition. For example, in the recent crazy zoo, all kinds of dogs, pigs, ducks, pandas, orangutans, foxes, rabbits; there are also all kinds of strange stupid B, poor B, garbage B, dick B, Low B, CNMB emerge in endlessly, these air coins They all have a characteristic, that is, they have a bunch of zeros, and they can buy tens of billions or hundreds of billions of tokens with very little money. In addition, they are worthless and only have gambling value. Such a market is extremely unhealthy. All the funds are diverted to these places to gamble, and the mainstream coins will naturally fall. As those gambling coins double rapidly, the market funds will not be able to form an effective relay at all, and will eventually be harvested soon. Those gamblers have caused the market funds to continue to dry up, further causing market weakness. In short, this kind of illogical speculation has caused great harm to the market, and may further prolong the sideways or adjustment period of mainstream currencies. More time to repair the body.
BITUAN mainstream currency market: BTC fell 0.67% in 24 hours: Official market data of BITUAN Exchange, as of 15:00 on October 14: BTC fell 0.67% in 24 hours to 11410.44 USDT; ETH fell 0.53% in 24 hours, At 381.19 USDT; EOS fell 0.42% in 24 hours to 2.63 USDT; BCH rose 4.60% in 24 hours to 253.13 USDT; BSV fell 0.25% in 24 hours to 169.22 USDT; LTC fell 0.2% in 24 hours to 50.21 USDT; XRP 24 Hourly fell 1.21%, reported 0.255USDT; ETC fell 1.239% in 24 hours, reported 5.39USDT. [2020/10/14]
The Monetary Authority of Singapore warned of risks and believes that investing in cryptocurrencies is not suitable for retail investors. The prices of most cryptocurrencies are affected by speculative fluctuations. The Monetary Authority will pay attention to the development of cryptocurrencies and regularly review their appropriateness. Singapore’s risk warning has also come. This small country has always been a country with very free finance. Now it also reminds of risks, which deserves our attention. For speculative currencies, it is mature to keep calm.
TokenBetter mainstream currency market data: BTC rose 0.8% in 24 hours: TokenBetter official market data, as of 9:35 on May 20, BTC rose 0.8% in 24 hours to 9764.1USDT; ETH rose 0.76% in 24 hours to 212.14USDT; EOS rose in 24 hours 0.69% to 2.6482USDT; BCH rose 0.35% in 24 hours to 246.76USDT; BSV rose 1.44% in 24 hours to 202.5USDT; LTC rose 2.04% in 24 hours to 45.81USDT; XRP rose 0.36% in 24 hours to 0.20524USDT; ETC rose in 24 hours 0.25%, at 6.667 USDT.
On Wednesday, the three major U.S. stock indexes closed up. DJIA fell 1.59% in 24 hours to 24206.86 points; NDX fell 0.54% in 24 hours to 9185.1 points; SPX fell 1.05% in 24 hours to 2922.94 points. [2020/5/20]
The Indonesian tax agency is considering taxing cryptocurrency transactions. The cake is too big. The trading volume of encrypted exchanges in many countries exceeds that of their own stock markets, and everyone is making money. Which zf can't be jealous? Global taxation is only a matter of time, and by then, we will be the regular army of the financial industry.
MXC Matcha mainstream currency market data: BTC fell 0.94% in 24 hours, and is now reported at 8698.67 USDT: MXC Matcha official market data, as of 10:05 on May 1, BTC fell 0.94% in 24 hours, and is now reported at 8698.67 USDT;
ETH rose 0.20% in 24 hours to 208.71 USDT;
EOS fell 0.36% in 24 hours to 2.84USDT;
BCH fell 0.27% in 24 hours to 252.10 USDT;
BSV fell 0.85% in 24 hours to 208.40 USDT;
LTC fell 0.86% in 24 hours to 46.72 USDT;
XRP fell 1.42% in 24 hours to 0.2129 USDT;
ETC fell 0.13% in 24 hours to 6.49 USDT.
Yesterday, BTC reached a peak of 9451.94 USDT, and then began to fall back to a minimum of 8410.09 USDT, with a difference of 1041 USDT in the shock range.
On Thursday, the three major U.S. stock indexes closed down. DJIA fell 1.17% in 24 hours to 24345.72 points; NDX fell 0.28% in 24 hours to 8889.55 points; SPX fell 0.92% in 24 hours to 2912.43 points. [2020/5/1]
UBS is working on ways to offer the wealthy a way to invest in cryptocurrencies. Financial institutions in all countries have the same attitude. High-risk products are first opened to the rich for investment, because they have the ability to bear it, and they will not cry, make trouble and hang themselves because of losing money.
News | MXC Matcha Leveraged ETF Big Data: BTC long-short position ratio is 6.41:1, and mainstream currencies have rebounded in an all-round way: According to MXC Matcha official data, as of 10:00 on February 18, the main variety of MXC Matcha Leveraged ETF has a BTC long-short ratio of 6.41: 1. BCH is 0.45:1, BSV is 0.55:1, ETC is 0.18:1, OKB is 3.84:1, ETH is 0.41:1, LTC is 0.01:1, and EOS is 1.12:1. The BTC long-short position ratio dropped by 4.38 compared with yesterday, and the short position increased. The mainstream currencies rebounded in an all-round way. OKB3L rose by 25.45% in 24 hours, ETH3L rose by 14.96% in 24 hours, and ADA3L rose by 12% in 24 hours, leading the leveraged ETF sector. Leveraged ETF is a perpetual leveraged product that uses the spot price as the target and magnifies the rise and fall of the spot by 3 times. Buying "3L" means 3 times long, buying "3S" means 3 times short, adopts rebalancing dynamic lightening risk control system, no liquidation rules, and can be purchased in the "ETF zone" on the web or app. At present, 16 currencies such as BTC, BCH, BSV, ETC, and platform tokens OKB, HT, and BNB have been launched. [2020/2/18]
The number of active-zce Ethereum addresses reached a record high of 7.94 million. Investors running into the market are still very fierce, and the gas fee of Ethereum has once again entered a very high state. It takes about 200 US dollars to transfer an account on the chain, which shows the crazy market sentiment.
Nebraska allows local banks to provide cryptocurrency services. Some relatively backward states in the United States have begun to fully accept cryptocurrencies. The popularity of cryptocurrencies in the United States is much higher than that in other countries. American investors have fully entered the era of encryption. has arrived.
CryptoQuant CEO believes that we will soon see some institutions buying Bitcoin, such as Facebook. Since February of this year, Bitcoin has been in the range of 48,000-60,000, and multiple institutions have hoarded Bitcoin, and about 154,000 Bitcoins have flowed into multiple cold wallets from Coinbase. The more important data here is that institutions in the high range bought 150,000+ bitcoins, which shows that the future of bitcoin is still deterministic. Zuckerberg named his goat "Bitcoin" yesterday. Combined with the words of the boss, could it be a signal that he released it in advance?
Urban Tea, the parent company of a Chinese tea company Mingyuntang, announced that it will accept Bitcoin, Ethereum and Dogecoin for payment. This appears to be the first domestically-related company to accept cryptocurrency payments.
Tether printed 2 billion banknotes, and the speed of capital entry is still acceptable.
The discount rates of Grayscale GBTC and ETHE reached -18.88% and -10.37% respectively. Let’s not talk about the continuous high discount of Bitcoin. This time ETHE was also smashed, which shows that institutions believe that Ethereum will also usher in a period of adjustment in the short term .
Bitcoin:
From the perspective of the overall market situation, the funds diverted by Crazy Zoo and ICP mainly come from the rubbish mainstream coins that have soared before, rather than the mainstream value. Therefore, it can be seen that the decline of Bitcoin and Ethereum is significantly smaller than that of other mainstream coins on the market today, so In the future market, Bitcoin will most likely continue to fluctuate on a high platform, while the rubbish mainstream coins that have skyrocketed in the early stage will continue to make weak corrections, so it is not suitable to participate.
ETH:
At present, it has not effectively fallen below the 5-day line, so it is still mainly held in an upward trend. The number of Ethereum in centralized exchanges has dropped to a new low since 2019. The fewer exchange coins, the harder it is to smash the market.
DOT:
High volatility, continue to wait to make up for it, there is a certain rebound expectation in the short term.
XRP:
Mainly fluctuating at a high level, the daily line has a long shadow, there is no heavy volume, there is not much panic selling pressure, and there is an expectation of a rebound.
LINK:
It has basically fallen below the 5-day line, and the short-term anti-drawing of the 5-day line can be considered to come out first.
BCH:
The trend of high volatility remains unchanged.
LTC:
The decline is a bit large, and the rebound considers lightening up.
BSV:
After the upward attack, it was directly brought down by the market, indicating that the financial strength is not strong, or it intends to lure more, so it should be avoided in the short term.
ADA:
The decline is relatively small, and there are opportunities in the market outlook.
EOS:
The fall has been relatively large, and the lock-ups above have increased, and there is a high probability that funds will continue to flow out later.
XMR:
It has been suggested to reduce positions at high levels before, and it will continue to fluctuate weakly in the short term.
ETC:
The decline is relatively large, and it is expected that funds will continue to flow out.
ICP:
The current market value is 1.4 trillion RMB, and it can be ranked third according to the market value list. Billions of dollars were traded on the first day. This is why the madman thinks he can suck blood. He and the animals brought the mainstream down together. , there is no expectation of continued hype in the short term, wait until those private equity (nearly a thousand times the return) are gone, and then consider value investment.
DOGE:
The Google index shows that the public’s interest in Dogecoin has surpassed that of Bitcoin for the first time. Dogecoin has become a global phenomenon. payment method? In any case, there are already a lot of chips locked up above, and it is difficult to reach new highs in the short term, mainly due to volatility.
Goldman Sachs executives resigned because of Dogecoin's sudden wealth. It is estimated that many investors in China have also become rich due to the speculation of dog shit combinations. I only hope that those who have become rich can know how to delay enjoyment and use their cognition to hold on to this lucky wealth. .
UNI:
High volatility is the main trend.
The basis for the continuous plunge of the overall market does not exist, more mainstream currencies will continue to fluctuate, and gambling-style speculation of speculative currencies still exists. Only when they are broken, the market will have a chance to strengthen again. I wish Bitcoin, which is not as good as pigs and dogs, to get out of the sea of suffering as soon as possible.
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