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    [Daily Discussion] - Monday, August 02, 2021 Bitcoin Markets

    [Daily Discussion] - Monday, August 02, 2021 Bitcoin Markets


    [Daily Discussion] - Monday, August 02, 2021

    Posted: 01 Aug 2021 09:00 PM PDT

    Thread topics include, but are not limited to:

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    submitted by /u/AutoModerator
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    Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago — Steemit

    Posted: 01 Aug 2021 03:37 PM PDT

    As expected, Bitcoin's mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase out of five difficulty adjustment changes. This was after four downward difficulty drops made it 54% easier to mine bitcoin than it was prior to mid-May.

    https://steemit.com/bitcoin/@otmane.riad/bitcoin-difficulty-increases-6-it-s-still-48-easier-to-find-btc-blocks-than-it-was-30-days-ago

    submitted by /u/SilverShow
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    Google trends crypto website (MyBlackSwan v0.3)

    Posted: 02 Aug 2021 01:22 AM PDT

    TL;DR: https://www.myblackswan.ca

    Hey guys, it's us again (posted before on /r/cryptomarkets) with MyBlackSwan. The app has been updated to include more data with the algorithm (4 years) and more functionality for ease of use. The app is simple: it displays 3 graphs, first today's trends by search volume over the past 30 days, second yesterday's, and third the change between yesterday and today. Research shows that a positive change is a buy signal and a negative change is a sell signal. The latest supreme buys have seen rises of up to 50% days after their appearance on the swan.

    Keep in mind, this data doesn't exist in a vacuum (meaning there's more to buying cryptos than google trends), so don't take this as investment advice and invest at your own risk.

    Also: this is still in beta so if anyone has any suggestions, let me know! Our next step for 0.4v is linking to CMC when you click the name of a crypto!

    Thanks, hope you enjoy!

    submitted by /u/juicelizzo
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