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    Saturday, December 30, 2017

    Crypto Currency Markets Anon invests in shitcoins

    Crypto Currency Markets Anon invests in shitcoins


    Anon invests in shitcoins

    Posted: 30 Dec 2017 11:05 AM PST

    The Penny Stock Rush

    Posted: 30 Dec 2017 07:08 PM PST

    I want to draw people's attention to what I'm calling the "penny stock rush" and the huge potential it represents for those of us able to see it.

    Coins in the Top 10 get the most attention - and I've observed huge money pumping into coins that have a "perceived" low entry point - iota, xrp, ada.

    Psychological small investors think they are getting a better deal and can make a lot more money. Whales know that people are thinking this, so they pump billlions into these coins which lights the fire to bring the masses - like a moth to a light.

    Stellar is primed - it's now a top 10 coin with the lowest perceived entry point by a long shot. Combine that with the fact it's backed by IBM, Wells Fargo and has just announced the FairX app on the horizon.

    If there is a top 10 coin that is going to explode in Jan it's Stellar. Don't say I didn't give you the heads up, I don't see a more obvious investement for massive returns.

    submitted by /u/choochoo81
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    Achieving Climate Neutral Fuel via Blockchain and Smart IoT

    Posted: 30 Dec 2017 09:07 AM PST

    Cryptos in the Top 20 you think will likely not survive 2018.

    Posted: 30 Dec 2017 09:09 AM PST

    The market for cryptocurrencies is bound to expand in the coming years, but we also know for a fact that most coins likely won't survive the diversification .

    Which coins currently in the Top 20 market cap index do YOU think will likely fall , and why ?

    submitted by /u/npjprods
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    CRYPTO TOP 10 - 2016 VS 2017! A LOT OF CHANGES THIS YEAR!

    Posted: 30 Dec 2017 01:57 PM PST

    Week #3 Report: 54.04% Profit Through a Crazy Week

    Posted: 30 Dec 2017 04:29 PM PST

    10 Statistical Price Predictions for 10 Cryptocurrencies — January 2018

    Posted: 30 Dec 2017 05:30 AM PST

    TL;DR: I simulated a 1-year movement of 10 top cryptocurrencies using an advanced statistical method called geometric Brownian motion, which you can find below. I also created a spreadsheet to simulate prices of ~24 different cryptocurrencies, which you can download here: https://docs.google.com/spreadsheets/d/1eUIgBowJs2NyKw7kYbx5z_VeCOxsMQdNELfbngs4XnY/copy. The sheet utilizes a paid add-in, which I provide free of cost to those who are less fortunate.

    THE MYSTERY OF PRICE MOVEMENT

    So, you're sitting at your computer with money to invest.

    You have made some good money already in the market, but you want more.

    Cryptocurrencies have reached a record $600 billion in market value after the recovery, with the inevitable $700 billion mark right around the corner.

    The price movement of top currencies remains a mystery. But it doesn't have to be.

    THE PAIN OF UNCERTAINTY

    Cryptocurrencies are volatile, irrational beasts.

    Simple methods of forecasting grossly over/underestimate the potential of a volatile currency.

    For example, moving averages are used frequently to estimate future prices. Moving averages, however, suffer from many pitfalls that make them poor estimators of volatile markets.

    Every great and successful investor has a plan. You will add one more tool to your arsenal today.

    A BETTER METHOD FOR ESTIMATING CRYPTO PRICES

    In my prior article about estimating the movement of Bitcoin Prices, I spoke of a method that is used frequently in the stock world to estimate prices.

    This method is a Monte Carlo simulation using the geometric Brownian motion model.

    I won't cover off on the full methodology here, but essentially I am going to:

    1. Get historical daily prices for 10 top cryptocurrencies
    2. Calculate daily returns
    3. Simulate a year
    4. Simulate a year many times

    By the end of the article, you will have the following:

    • A one-year simulation of top cryptocurrencies
    • Likely price range of each cryptocurrency
    • A downloadable model to complete yourself

    A note on forecasting, simulations, and recommendations: Monte Carlo simulations are to be used as guidelines and tools, not as gospel. I am not offering financial or investing advice.

    BITCOIN

    What is Bitcoin?

    You know what Bitcoin is, stop it.

    One-Year Simulation

    1-Year Simulation of Bitcoin Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year Bitcoin Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Bitcoin prices will fall between $9,095, and $371,588 with a median of $60,837.

    BITCOIN CASH

    What is Bitcoin Cash?

    From the Bitcoin Cash project website:

    "Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate."

    Really, it was an additional currency that was created after a fork from Bitcoin core.

    One-Year Simulation

    1-Year Simulation of Bitcoin Cash Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year Bitcoin Cash Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Bitcoin Cash prices will fall between $197, and $180,288 with a median of $4,839.

    ETHEREUM

    What is Ethereum?

    Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

    Ethereum has been busy recently. Multiple steps have been pushed in motion for the upcoming large change — reaching a new consensus method.

    From Jordan Daniel at ethnews.com:

    Ethereum's Byzantium hard fork was only one half of a two-part process designed to transition the decentralized application platform to a new method for reaching consensus — proof-of-stake. The next hard fork, called Constantinople, was recently discussed during an Ethereum core developer meeting and could include Vitalik Buterin's Casper update.

    One-Year Simulation

    1-Year Simulation of Ethereum Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year Ethereum Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Ethereum prices will fall between $193, and $8,027 with a median of $1,267.

    EOS

    What is EOS?

    EOS is a blockchain-based, decentralized operating system, designed to support commercial-scale decentralized applications by providing all of the necessary core functionality, enabling businesses to build blockchain applications in a way similar to web-based applications.

    One-Year Simulation

    1-Year Simulation of EOS Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year EOS Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that EOS prices will fall between $0.98, and $1,386 with a median of $33.

    LITECOIN

    What is Litecoin?

    Litecoin's claim to fame is faster transaction processing times. It uses a scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have.

    The ability to target regular computers and GPU's happens to be a huge differentiator from the crowded mining population of Bitcoin.

    One-Year Simulation

    1-Year Simulation of Litecoin Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year Litecoin Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Litecoin prices will fall between $42, and $12,241 with a median of $745.

    OMISEGO

    What is OmiseGO?

    OmiseGO is building a couple of things:

    1. Decentralized exchange
    2. Liquidity provider mechanism
    3. Clearinghouse messaging network
    4. Asset-backed blockchain gateway

    OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants.

    According to Blocknight:

    Also, OmiseGo counts Vitalik Buterin (Ethereum), and Joseph Poon (Lightning Network Co Author) among their advisers. Joseph Poon is actually billed as author of the OmiseGo whitepaper.

    Those are some pretty big names.

    One-Year Simulation

    1-Year Simulation of OmiseGO Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year OmiseGO Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that OmiseGO prices will fall between $0.62, and $185.35 with a median of $8.56.

    NEO

    What is NEO?

    NEO (formerly known as AntShares) is a smart asset platform and the first open source public blockchain project in China. Smart assets are the combination of smart blockchain contracts and digital assets.

    One-Year Simulation

    1-Year Simulation of NEO Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year NEO Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that NEO prices will fall between $3, and $3,076 with a median of $115.

    RIPPLE

    What is Ripple?

    Ripple is a system created for banks to enable immediate payments and lower costs.

    The vision of the Ripple creators is to allow a bank transfer in a few seconds (instead of the horribly annoying 2–3 business days).

    Of note, is that Ripple is a U.S. based company. From the xrphodor blog:

    Ripple is a US-based company.

    Why is this an important point to consider? A US-based company like Ripple is subject to some very stringent laws regarding securities trading and money transmission. These include requirements that define how Ripple might interact with crypto markets and both institutional and retail crypto traders.

    One-Year Simulation

    1-Year Simulation of Ripple Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year Ripple Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Ripple prices will fall between $0.05, and $163 with a median of $2.71.

    MONERO

    What is Monero?

    Monero attempts to solve privacy and fungibility issues that persist in Bitcoin.

    Part of the algorithm for Monero automatically mixes transactions with previous transactions and does this by implementing ring signatures.

    One-Year Simulation

    1-Year Simulation of Monero Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year Monero Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Monero prices will fall between $68, and $8,142 with a median of $760.

    Zcash

    What is Zcash?

    From the Blockchainhub infographic:

    Zcash is a permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.

    One-Year Simulation

    1-Year Simulation of ZCash Prices and Returns

    One-Year Simulated 1,000 Times

    1-Year ZCash Prices Simulated 1,000 times

    Verdict

    We can be 95% certain that Zcash prices will fall between $54, and $6,259 with a median of $549.

    YOUR VERY OWN FORECASTING TOOL

    Since i'm so nice, I went ahead and created a forecasting tool for you to use:

    https://docs.google.com/spreadsheets/d/1eUIgBowJs2NyKw7kYbx5z_VeCOxsMQdNELfbngs4XnY/copy

    SERVICES USED:

    1. Google Sheets
    2. Spreadstreet Google Sheets Add-in
    3. StockTwits
    4. CoinMarketCap API

    Full disclosure: The google sheets add-in is a 14-day free trial, and $15 per month after. However, no one should be refused access on the basis of money (especially true for students and less fortunate). Send me a message, and I will make sure you are not left in the dark.

    A NOTE ON SECURITY

    Users have expressed hesitation about running a google sheets add-in on their main computer, so I will attempt to ease those concerns:

    • I am located in the U.S., and my business is registered in the state of Maryland
    • If this were malicious, people would have downvoted the add-in into oblivion, and it would have been removed from the store
    • If you are still worried, you can open it within a virtual machine and test it first

    WHAT IT PULLS:

    • 90-day history of ~24 different cryptocurrencies
    • 1-Year simulation of prices
    • 1-Year simulation of returns
    • 1-Year simulation ran 1,000 times

    GETTING THE SPREADSHEET TO WORK FOR YOU

    Install the Spreadstreet add-in for Google Sheets

    Get sheet ready for use with the add-in

    • Important Open the template, click the menu Add-ons / Spreadstreet / Help / View in store, and then click Manage and in the dropdown menu click Use in this document.
    • Login to the Spreadstreet add-in for the first time (Add-ons -> Spreadstreet -> Open) and keep the window open

    After logging into the add-in, change the dropdown reference

    • In the analysis tab, change the "SELECT CURRENCY" dropdown (B3) to one of the other choices…this refreshes the pull
    • Note: CoinMarketCap API has limits. Be careful when attempting to refresh the sheet too many times

    TROUBLESHOOTING

    1. Important Open the template, click the menu Add-ons / Spreadstreet / Help / View in store, and then click Manage and in the dropdown menu click "Use in this document."
    2. A reload of the entire worksheet fixes quite a few problems.
    3. Deleting and re-pasting the formula in A1 of the "Candles" tab fixes things as well.
    4. If all else fails, drop me a message
    5. The "SELECT CURRENCY" cell in the Analysis tab (B3) refreshes the pull. Change the results for new data.

    When I try and change a coin, I get a #DIV/0 error

    Login to the Spreadstreet add-in, and keep the window open. Try changing the dropdown again.

    I have tried logging in, activating the template with "Use in this document" and refreshed the sheet…still nothing.

    Head to the "Data" tab. Delete the formula in cell A1, and repaste the following: =SS("candles-bitfinex", ticker, "1D", "hist", true, "", "", "", "0")

    CONCLUSION

    Whether you are investing in Bitcoin, Ethereum, or SpankCoin, it is imperative to have a plan. Most notably, a worst-case scenario.

    The Monte Carlo simulation is a fantastic way to get a range of prices for a cryptocurrency. And after reading this, you can see how the final values change drastically depending on what you are looking at.

    I urge you to download the sheet and try your own hand at simulating different coins. The sheet is setup to pull in every single coin from CoinMarketCap.

    Cheers, and happy hunting

    Original article can be found here: https://medium.com/@spreadstreet/10-statistical-price-predictions-for-10-cryptocurrencies-january-2018-3dcf04bf9d9a

    RELATED POSTS

    Financial Modeling for Cryptocurrencies: The spreadsheet that got me my first 1,000% gain

    A Super Simple Cryptocurrency Arbitrage Spreadsheet for Finding Mismatched Prices

    Bitcoin Madness: How to Simulate Bitcoin Prices in Google Sheets

    7 Smart Ethereum Price Prediction Methods for HODL'ers

    submitted by /u/1kexperimentdotcom
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    Cardano and it's recent rise.

    Posted: 30 Dec 2017 08:52 PM PST

    Guys you need to do some independent research on why Cardano keeps rising with no dumps

    It isn't the "no product" company that people love to spread misinformation about on this sub because they missed out on gains or take what a stranger said online as mantra.

    Its a high level project and is very technical but worth the time investment.

    There is a reason this has grown so quick after such a short amount of time. It is not a pump as some people who spread FUD would have you believe.

    When you dig deeper and see what is being designed here you understand why there is so much dollars being thrown into this project in the short time its been on the market and why it continues to power on despite whole sector corrections.

    (Even though this project actually started 2 years ago)

    They are innovating here - which is what most other blockchain organizations aren't doing in this space, many would rather ride on hype alone and build another privacy coin or store of value coin.

    They are even exploring a blockchain gps system that doesnt require satellites which can be built on the Cardano blockchain itself.

    The money entering them is smart money who are thinking long term and understand exactly what is getting designed and its implications from a technological standpoint and eventual enterprise adoption.

    There is a reason this project is being built by Scientists and Phd's! Its because they are the ones most equipped to push this technology forward. This is the next needed step in blockchain technologies dapps and daos and could potentially see the rise of whole new digital value industries and value data transmission.

    That blockchain gps solution alone is a multi billion dollar industry in itself and when you factor in things like the quantum resistance, common programming language support, scaleability that increases with users, you start realizing how valuable their platform is.

    This is far undervalued for the team and the sheer scope and before those write to me saying "well its unproven" or driven on speculation I hope you realize that ALL of crypto is driven on speculation.

    Multi-billion dollar market caps for everyone? Come on guys.

    Atleast this team is building something to try and justify the ludicrous valuations we have in this space than copying whatever alt coin variation is flavour of the month.

    Here's a good overview but really stop listening to those who didn't even do their own research and be independent - its your money and your investments!

    You are doing yourself a disservice by disregarding them and listening to the r/cryptomarkets hive mind.

    submitted by /u/SouthRye
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    Cryptocurrency Portfolio Tracker Excel Sheet

    Posted: 30 Dec 2017 04:02 PM PST

    Hi guys, I've just got started in Crypto from June this year and I've been loving everything about crypto and especially the communities. I've learnt so much from the subreddits over the last few months and thought it is time to give back. I've developed my own excel spreadsheet that tracks my crypto portfolio (update the prices through a macro from coinmarketcap.com) and produces a nice pie chart. It also has another worksheet that tracks the prices / market cap of the top 50 coins from coinmarketcap.com to highlight the big movers and losers over a 24 hour period.

    I hope some of you will find it useful (link below). Also, let me know if you have any questions on how to use it or if it doesn't work for you. Thanks again!

    Pics: https://imgur.com/a/1REs6

    How to use:

    1) Download the spreadsheet

    2) Press the update button located on the second and last page.

    Google Drive download button is on the top right: https://drive.google.com/file/d/1VznoytXSezQ9bBZ7qN0pMuiUbT94oTm4/view

    Password: crypto123

    Compatible with MS excel

    submitted by /u/Mathews744
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    XRP’s Trajectory for 2018

    Posted: 30 Dec 2017 06:59 AM PST

    https://xrphodor.wordpress.com/2017/12/30/xrps-trajectory-for-2018/

    XRP is the best buy in crypto right now: What does the shape of the future hold for XRP and Ripple? I discuss the price appreciation of XRP, along with each of the six major drivers of XRP value that I expect will take center stage in 2018.

    What are these six major drivers? You'll have to read to find out - let me know if you agree, or if you felt I forgot something that might be a dark horse for moving XRP price towards our $10 mark.

    Hope you enjoy & please leave any comments below; I'll make an effort to respond to each primary comment.

    Thank you & Hodor!

    submitted by /u/Hodor7777
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    I'm back .....Every upvote I will buy 1 LISK

    Posted: 30 Dec 2017 07:46 PM PST

    Is "Bounty Hunting" The Next High-Paying Freelance Career?

    Posted: 30 Dec 2017 12:11 PM PST

    An in-depth, review of Enigma Catalyst. Does it have room to grow?

    Posted: 30 Dec 2017 04:11 PM PST

    all red except.....

    Posted: 30 Dec 2017 03:32 PM PST

    Gilgamesh Platform Official Token Sale Announcement - Jan 15th, 2018

    Posted: 30 Dec 2017 09:59 PM PST

    How do you determine when to buy a position after a coin has been pumped?

    Posted: 30 Dec 2017 09:58 PM PST

    I was just set to buy another position in a coin and it pumped up 20%. I don't think it will go back down to where it was, so how can I figure out a good place to buy back in without FOMOing into an ATH.

    submitted by /u/pyridoxineHCL
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    Wraith Protocol Confirmed: XVG to The Moon

    Posted: 30 Dec 2017 09:57 PM PST

    BTC-XLM. When your entire portfolio is red (besides XLM), but you are green for the day...

    Posted: 30 Dec 2017 01:12 PM PST

    Are you killing it at trading because of how informed you are? We Want You.

    Posted: 30 Dec 2017 09:32 PM PST

    Whats up guys? We are launching a news app Q1 thats in beta. Our goal is to bring together great trading minds who keep well informed on breaking news, so that we can push news to all our followers fast. If you're interested in being a staff member for our app team then please PM me.

    We plan to release the iphone and android version within 2 weeks to beta testers, our goal is to allow the average day trader to be informed immediately of big news which could affect the price of coins.

    submitted by /u/ThinkCryptocoin
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    Alright boys, shill me your favorite ICO's of early 2018.

    Posted: 30 Dec 2017 09:14 PM PST

    The first time I invested in an ICO shill was in October when I bought Upfiring (UFR). I remember seeing a post here on r/CryptoMarkets where a helpful trader posted a list of ICO's. Upfiring was at the top of this list.

    I knew exactly what I was doing -- giving my money to an ICO that some random guy recommended on reddit. I just wanted to see how it would go, for science.

    So, I bought UFR token at its ICO price of 2 cents.

    Fast-forward 1 month, and this investment became the highest performing asset in my portfolio. UFR got listed on an EtherDelta and was being traded at 40 cents. Easy 20x made, off a shilled coin I didn't think twice about investing in.

    I believe the window for traders like us to profit immensely off random ICO's is quickly coming to a close, but I don't think this window has fully closed yet.

    This is why I want you to shill me your favorite ICO of early 2018. I have a bunch of extra money laying around from my UFR buy, and I will give money to any ICO you shill me.

    Shill me, r/cryptomarkets!

    submitted by /u/PoliteVelocoraptor
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    IOTA Seeks To Become Backbone Of The IoT

    Posted: 30 Dec 2017 09:05 PM PST

    "Rules of Blockchain", China Capital Control, Ripple (XRP) WSJ & Cryptocoinopoly

    Posted: 30 Dec 2017 08:48 PM PST

    Is the Centralized Ripple Database With the Biggest Pre-Mine Really a Bitcoin Competitor?

    Posted: 30 Dec 2017 08:02 PM PST

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