Direkt zum Hauptbereich

Bitcore (BTX) - Investment Opportunity

Today I want to present you Bitcore (BTX) - a virtual fork of Bitcoin launched in April 2017.

The official Website of the project: https://bitcore.cc

What are the main differences compared to other coins or what brought my attention to BTX?

  • 21 Million Coins
  • 10 MB Blocksize
  • 2.5 min Blocktime
  • GPU Friendly Mining Algorithm Timetravel 10
  • New distribution concept

Especially the last point needs further explanation. There are two possibilities to receive BTX coins:

  • Participate in the weekly airdrop (currently every Monday 4% of your BTX Balance - in January this will increase to 5%)
  • Claim BTX with the latest BTC snapshot (you need your BTC private keys and at least 0.01 BTC Balance at the time of the Snapshot)
To be eligible for the weekly airdrop you need to complete the following steps:
That's already everything - enjoy your weekly airdrop! 

To claim BTX as an BTC owner browse to the announcement post at bitcointalk https://bitcointalk.org/index.php?topic=1883902.0;topicseen and watch for news regarding the 2nd November Snapshot claim. This should soon be updated!

Now I want to write a couple of words about the current chart situation of BTX. Short term we have the following situation:

After the sharp rise to 660k Satoshi BTX is consolidating and slit below the old all-time high (ATH) from mid September at 250k Satoshi. The Bollinger bands were very narrow (see arrow) and the breakout accelerated the consolidation.

Let's look at the big picture to determine potential midterm goals.

The long term view indicates how steep the current consolidation is. The consolidation can easily reach 150k but for the chart picture to brighten up it would be crucial to climb above the old ATH @250k Satoshi and slowly stabilise.

Only after breaking the current downtrend we can look for new upward targets. Worst case scenario would be a test of the ATL after breaking through 150k Satoshi.

I will revisit my current chart analysis in 2 weeks and post an update by then!
In the meantime feel free to ask questions in the comment section.

If you appreciated my article feel free to support my work with a small donation.

ETH: 0x8f08712c8676a639e05E31f8fB033b6C0a1A22A8
BTC: 1Lhc8G6inSZju8mhufniQtzE9rLwcLz68U


Beliebte Posts aus diesem Blog

How to wire Electroneum (ETN) from your paper wallet to an exchange

Electroneum was launched beginning of November and is a new mineable Cryptonight coin!

I recently learned that many people are struggling with sending the newly mined/bought Electroneum Coins to an exchange. Below you can find a detailed guide which should not take more than 10 minutes and will help you to access your funds and wire them to an exchange.

The Project Main Page: https://electroneum.com

1. Create a paper Wallet:
 Browse to https://downloads.electroneum.com and click either on "Browser Version" or     "Download Zip" depending on what you prefer. You can now start mining to this address.

2. Download the ETN Client
Browse to the ETN Github Repository https://github.com/electroneum/electroneum/releases and choose download the package which corresponds to your operating system. Extract the archive and copy it to a folder that is easily accessible (e.g. Mining/ETN Client)

3. Sync your local copy with the ETN network
Open the Command Line Window of your choice (…

BitcoinZ (BTCZ) - Mining Opportunity

Today I want to write about BitcoinZ (BTCZ) which was released and launched in September 2017.
BTCZ saw a fair lunch with no ICO, no pre-mine, no fixed Dev Fee.

The announcement post can be found here: https://bitcointalk.org/index.php?topic=2166510.0
Before getting into details - the most remarkable property of BTCZ is the decentralisation and community effort!

There is no Main Webpage but you can find the White paper here: https://bitcoinz.global/media/Community_Paper_Final.pdf

Summary of the main characteristics:
Proof of Work (POW) -> Equihash Algorithm (same as ZEC, ZEN, BTG)21 Billion coinsCurrently 12500 coins every 2.5 minutesBlock Halving after 4 years similar to BTCPrivacy of ZEC
BTCZ is heavily community driven - there are many mining pools with a low fee that is donating to the community wallet. The wallet currently has a balance of 2.5 M coins.

The funds in the wallet are solemnly used to co…