Other / bitcoin
New Version of my Ebook Coming, Sneak Peek of New Method of Passive Income
Longer post than usual but the method is not saturated yet, If you are aware when you subscribed to https://fuk.io cryptocurrency blog that i run since 2013 or to a dedicated website (doesn't matter) passive income from crypto guide you get access to my ebook where i show methods of making passive income on cryptocurrency. There is version 2 right now and soon comes v3. To be clear for now i do versions as 1, 1.2 and now 1.3 as i just update methods, add new ones or remove those that stopped working. Here is one of the methods that will come to a new version. Almost nobody knows the method so read carefully and do the steps. Its not complex at all but may sound little twisted initially. Surely yall need those accounts before bull market. TTC Protocol Passive Income For start, you will need some ETH and/or BTC but this is a must of all of the methods in the ebook. You cant do passive income without initial income. You can ie sell some STEEM on Binance to get initial stuff or SCR on HotBit and move to the other exchanges mentioned here. Now you will need to register on two exchanges: Bibox and Bitforex. Only email needed, no KYC or documents. So those exchange you will be able to use for loads of other stuff too, they have cool pairs and volumes. Yes, both are in the top10 BTC/USDT volume in the world so it is more than good to have accounts there. Now that you have accounts on exchanges deposit there BTC/ETH and buy TTC tokens. You will notice the price difference between both exchanges. This is because when buying on Bitforex you get their old ETH token, which will change to 1:1 TCC + pay out 1:10 ACN token (their other token). If you buy on Bibox crypto exchange TTC is cheaper but you are not getting ACN. So i would suggest to get some TTC on one and some TTC on the other exchange as we dont know price of ACN yet. Install TCC Connect app on phone. Just write in AppStore or Google Play the name and its there. Now deposit TTC. If from Bibox then just Deposit it from Bitforex chose TTC Mainnet Swap (then you get the extra 10 ACN per TTC). Go to Vote tab, and Vote on any delegate from top10. You are now "mining" TTCs. tldr; Register to exchanges: Bibox and BitForex, Buy TTC tokens send to TTC Connect app on Android/iOS. Enjoy free cash.
As the Stock Market Recovers, So Does the Cryptocurrency Market
The SPX rose a historic 4.5% or over 1000 points on Wednesday, December 26th. The cryptocurrency market rose as well. Bitcoin rose to $3,800. Is this a dead cat bounce or a real resurgence? I see a major weakness in both markets, as they are below their 200 daily moving average and have weak charts. Bitcoin has been plagued with descending triangles all year. What do you think? I believe it's wise to take profits now before the next leg down. Convert to stable value and hold until $2,500 BTC and 19000 DJIA.
Bitcoin dips below $3,500... What to do now
Bitcoin ended the weekend after a relief rally below $3,500. The demand for stable coins catapulted USDT into fourth place by marketcap, and showed that investors are interested in stepping out of the horrendous volatility that defines the way Bitcoin moves. Bitcoin breached its 50 day moving average and fell below resistance at $4,000. This resistance level is both technical and psychological in nature and gave way to a theoretical price target of $2,500 if the current chart holds. Is this it? Is Bitcoin headed to the dumpster heap of failed investments like tulips and unicorn tech stocks? Not in the slightest. Bitcoin has faced a barrage of bad news in 2018. I needed to look at new information to formulate a bull thesis. I was faced with some old news including a pickup of investment by traditional investment houses like Goldman Sachs, JP Morgan Chase and even the largest OTC market- the Nasdaq. I was also very interested in the Lightning Network and the most current polling of young people who are interested in cryptocurrency. I was a bit worried by the plans for Goldman Sachs to abandon its trading desk for cryptocurrencies and the hold-off on SEC rulings and the Bitcoin ETF, but I found solace in data about previous plunges. The bad news is that Bitcoin and the cryptocurrency markets have no reason to go back up. According to many analysists, including Stephen Innes of Oanda group, Bitcoin’s price cannot be justified using current metrics and may continue to fall. I had a hard time accepting Bitcoin at $10,000 and knew we were in bubble territory at $20,000. The problem is really evaluating and selling the technology to those with money and those who are young enough to accept it as currency. I hold out hope that Bitcoin will be replaced by another cryptocurrency. I hope that this will not be a stable coin, but I can see that being the case if the current bear market continues. The recent layoff of 70% of the Steemit Inc. company tied to the price of STEEM hit home. The most interesting take and the reason for my hope that Bitcoin and the cryptocurrency market will return to prominence is that online retailers will adopt cryptocurrency payments for their goods. CZ of Binance revealed that Jeff Bezos may be the savior of Bitcoin. What do you think? Follow me on Steemit as @wstanley226 and @dominion01. Follow me on Scorum as @wstanley224 and be sure to follow me on Trybe! Sources: https://www.forbes.com/sites/davidpetersson/2018/12/10/why-bitcoin-crashed-and-why-it-will-crash-again/#2e31b5df48ca https://www.marketwatch.com/story/bitcoin-bear-market-is-far-from-over-says-analyst-2018-12-10 https://www.forbes.com/sites/billybambrough/2018/12/10/a-bitcoin-exchange-boss-thinks-jeff-bezos-will-trigger-the-next-bull-run/#6676fc3c4acb