Finance invaded by Bitcoin – LN Clear, the Lightning Network of options?

In the pages of Journal du Coin, we occasionally try to highlight the developments of ambitious projects that want to build the foundations of a new bitcoin-centric economy. And among these projects, there is naturally LN Markets … But the entrepreneurs behind this crypto-trading platform built on top of Bitcoin’s Lightning Network have another idea behind their heads, and announced it yesterday: LN Clear. LN… What?

Bitcoin is just the beginning

The announcement fell yesterday, during the day, on the occasion of the traditional Lightning Network oriented newsletter sent by the company LN Markets to curious bitcoiners : Bitcoin Future plans to diversify , and to aim higher than the simple platform of leverage in trading (endearingly crazy , but terribly traitors !).

To do this, the entrepreneurs behind the project plan to launch a new product, LN Clear . Késako? One project based infrastructure developed for LN Markets, to allow to sellers and buyers of different derivatives financial … and have them agree to the negotiations and cases settled instantly , thanks to the Lightning Network .

Head full of projects

In order to be able to manage these derivative products and their “future flows” , LN Clear proposes to “remove the counterparty risk that is usually found on historical financial markets” , explains Romain Rouphaël , co-founder of LN Markets. How? ‘Or’ What ? By relying on private payment channels , open on the Lightning Network . Recall that the Lightning Network payment channels consist of funds jointly sequestered on the original Bitcoin blockchain , using so-called multisig transactions.. Thus, on the Lightning Network, the funds in transit can be transferred instantly , since they have already been locked on the Bitcoin blockchain .

LN Clear acts as an intermediary for the various parties, but with everything happening on the LN.
If LN Markets caters to all followers of trading of bitcoins , LN Clear is therefore “a different audience” , says Rouphael: First, the crypto-friendly investors already present on the market (in the manner of some hedge funds located in the cryptosphère), but above all – eventually – the traditional institutional investors … even the financial markets themselves. And to do this, LN Clear will first take the route of Bitcoin-backed derivatives , which will be tradable in OTC.(by mutual agreement ) by an informed public . Naturally, as Mr. Rouphaël reminds us, “there is major work that we are carrying out in terms of compliance and regulation” , specific to the target audience.

Paikallisviranomaiset irrottaa bitcoin-kaivoslaitteet Carabobossa, Venezuelassa

Carabobon osavaltion sähköyhtiö, joka on yksi Venezuelan 23 osavaltiosta, on tiettävästi katkaissut bitcoin- ja cryptocurrency-kaivoslaitteet kaikkialla alueella. Valtion sähköyhtiön nimettömän salauskaivosmiehen mukaan Corpoelec teki tämän “ylivoimaisen tilauksen” mukaisesti. Kaivosmies kertoi paikalliselle uutisyhtiölle, että Corpoelec oli viikonloppuna todella sulkenut kaivokset Carabobossa. Ilmoittaja sanoi lausunnossaan:

He sulkivat Carabobon kaivoksen käytöstä kaikille, en tiedä ketään, jolla olisi se päällä.

Yksilö sanoi, että hän ei tiennyt katkaisun laajuutta. Tarkoitetaan, jos vain kaivosmiehiksi rekisteröityjen laitteiden yhteys katkaistaan, tai myös niiden kaivostyöläisten, jotka ovat jättäneet rekisteröinnin.

Raportissa todettiin, että tuntematon informaattori näytti heille sähköenergian kansantasavallan ministeriön (MPPEE) ja julkisten töiden ja palveluiden varapuheenjohtajan (VPSOPS) lausunnon, jossa kaivostilojen omistajat kutsuttiin kokoukseen.

Kokouksen piti tapahtua tänään 12. marraskuuta, mutta uutistoimisto sai tiedon informaattorilta, että se peruttiin.

Sen sijaan kokous pidetään nyt 19. marraskuuta. Toistaiseksi Carabobon paikallisviranomaiset eivät ole vielä julkaisseet virallista lausuntoa asiasta.

Kokouksen kautta sähköenergiaviranomaiset pyrkivät vastaamaan maksettavaan hintaan ja ilmeisesti halusivat vain ne, jotka kutsuttiin kokoukseen. Ilmoittaja kutsui kuitenkin paikallisen kaivosyhteisön koolle kokoukseen ja totesi:

Jos emme osallistu massaan, meillä ei ole tarpeeksi voimaa vaatia oikeuksiamme. Pyydän, että me kaikki seurasimme toisiaan tällä uudella matkalla. Ainoa liitto antaa meille mahdollisuuden edetä.

Venezuela laillisti bitcoinin louhinnan syyskuussa jo osana uusia säännöksiä. Asetus vaati kaikkia yhteisöjä ja yksityishenkilöitä, jotka ovat kiinnostuneita bitcoinin ja muiden kryptovaluuttojen laillisesta louhinnasta, hakemaan lisenssiä Salausvarojen ja niihin liittyvien toimintojen kansalliselta valvojalta (Sunacrip).

Näillä uusilla ohjeilla pyrittiin myös seuraamaan Venezuelan kaivostyöläisiä. Viranomaiset valvovat myös kaivoslaitteiden luomista ja maahantuontia. Se totesi lisäksi, että kaivoslaitokset voivat toimia valtion tuella vasta läpäissessään SUNACRIP-tarkastuksen.

Biden 2020: Bitcoin exchange FTX na lista de principais doadores de Biden com grande contribuição

A campanha Biden 2020 recebe doação de US $ 5,22 milhões da bolsa de cripto-derivados FTX.

Biden promete US $ 300 bilhões para pesquisa e desenvolvimento e “tecnologias inovadoras”.

Trump teve um relacionamento bastante amargo com o Bitcoin

De acordo com a organização sem fins lucrativos OpenSecrets, o bitcoin exchange FTX foi um dos maiores doadores para a campanha eleitoral Biden 2020.

Bolsa de derivativos de criptomoeda FTX fez uma das maiores doações para a campanha presidencial de Joe Biden para entrar no Whitehouse nas eleições americanas de 2020. A FTX fez uma doação de $ 5,22 milhões, ficando atrás de doadores como Google ($ 6,39 milhões) e a Universidade da Califórnia ($ 6,38 milhão). O maior doador foi a Bloomberg ($ 57,5 ​​milhões).

As intenções da FTX não são claras, mas a doação – para o candidato que pode muito bem ser confirmado como presidente eleito nos próximos dias – pode dar ao criptomoeda uma influência considerável no topo do governo dos Estados Unidos.

FTX é uma cripto-troca relativamente nova, fundada pelo entusiasta da criptografia Sam Bankman-Fried (CEO) em 2019. Ela é especializada na oferta de cripto-derivados

Embora a campanha Biden 2020 não tenha uma política definida para criptomoeda, ela se comprometeu a investir US $ 300 bilhões em pesquisa e desenvolvimento e “tecnologias inovadoras”, de acordo com o site da campanha .

Embora não mencione diretamente a criptomoeda, isso poderia incluir, no mínimo, sistemas baseados em tecnologias de contabilidade descentralizadas ou nos esforços do Federal Reserve para acompanhar a moeda digital do banco central da China (CBDC), o yuan digital .

Trump, por outro lado, teve um relacionamento bastante amargo com o Bitcoin. Em uma série de tweets em 2019, ele sugeriu que bitcoin e outras criptomoedas “não eram dinheiro”, cujo valor era “baseado no ar”. Ele até foi atrás do Libra do Facebook, criticando a empresa por pensar que poderia tentar se tornar um banco, evitando as regulamentações bancárias.

Portanto, não é impossível ver por que Biden 2020, e não Trump, atraiu essa doação considerável da FTX. Ainda não se sabe se isso se traduz em influência na formulação de políticas. No entanto, isso pode marcar o início de uma nova onda de engajamento político em um mundo criptográfico que se concentra principalmente no desenvolvimento interno. Em um país com um ambiente jurídico notoriamente lento e relutante – isso definitivamente poderia ajudar a acelerar as coisas.

Game Rating: Axie Infinity is a new paradigm of blockchain and token games

Although it may seem an expensive game, it is actually a relatively cheap way to get involved in NFT investments

Axie Infinity, inspired by Pokémon, has grown to become the number one non-fungal game, or NFT, in the Ethereum blockchain, with over 7,000 active monthly users in the chain.

This week saw the launch of its $2.97 million Axie Infinity Shards (AXS) governance token sale at Binance Launchpad, so Cointelegraph went deep and tested the game to see what all the fuss was about.

Choose your Axies

To start, you need at least three Axies. These are the creatures you will collect and use in PvE (player versus environment) and PvP (player versus player) battles during the game.

The cheapest individual Axies available on the market at the moment cost the equivalent of just over $20 Ethereum ( ETH ). This means that you currently need to spend as much to play Axie Infinity as you would to buy a state-of-the-art console game.

Keep in mind that the attributes of your Axies also mean the difference between winning and losing battles, so you will almost certainly not want to buy just the cheapest you can find.

Now you may be thinking, “who in their right mind would spend over $70 on a game of Pokémon that is not famous?

However, this may not be a totally fair comparison. After all, you don’t have the opportunity to potentially make a living playing Pokémon.

Pay to win to win

Instead, Axie Infinity belongs to a new generation of games that was only possible with blockchain technology. These combine elements of Pay to Win (or perhaps more generously, Invest to Win) and Play to Win, which I am officially coining through this document, Pay to Win, or P2W2E.

In many ways, these games have more in common with investment in Bitcoin News Trader than, say, the latest Call of Duty blockbuster.

Your initial investment buys a ticket to a world where your own time, skill and effort can influence its value, rather than the whims of traditional cryptomorph markets. This is an attractive proposition for many players.

Those who are only interested in playing may prefer to wait for the full launch, which will also include a free-to-play mode. Funds raised during the sale of tokens will be used to develop the game from its current alpha state for a conventional release in 2021.

Developer Sky Mavis kindly donated three Axies so I could test the game. This covered each of three main functions: a tank to absorb the blows, a fighter to cause serious damage, and an agile Axie for fast attacks.

Let’s take a closer look

This is where it gets a little more complicated.

Each Axie belongs to one of six classes (plus three so-called secret classes). They are divided equally to (approximately) correspond to each of the functions mentioned above. These then follow a kind of rock-paper-scissors scenario where each function is strong against one and weak against the other.

In addition, each Axie has six body parts, which can also be one of the six classes. The combination of these body parts determines the general statistics of Axie and which cards he will have available to play in battle.

You will find that “purer” Axies are often preferred, as skills and statistics tend to accumulate, creating stronger “experts” rather than generalists.

Forward into battle

This section will focus mainly on the PvP element of the game, as it is where most of the skill and action is. The PvE adventure follows the same (ish) battle format, although it basically results in tripping levels to overcome increasingly difficult AI opponents.

At the start of a battle, your brave three-Axies team, armed with only three energy points and six playing cards, takes on the opponent’s team equipped in a similar way.

Each turn allows you to spend energy points playing cards. Most of them require one energy point to play, but some require more and some are totally free. You only get two new energy points and three new cards each turn, so use them wisely.

The cards have a defensive and offensive score, along with additional effects such as healing, buff and energy. They can come into play if certain other parameters are met, such as combos, buffs and last positions.

The order of play is determined by the speed statistics of the Axies, and the target of each card is usually the Axie closest to the attacker. However, these two things can change with the application of certain card effects.

Like many of the best games, the mechanics is easy to understand but difficult to master.

Victory is … very difficult, in fact!

After warming up by beating some AI villains in PvE, I decided to dip my toe in the PvP arena.

Ouch.

Although by no means completely useless, my donated AI (and my ability to manipulate them) were no match for the thoroughbred (and proprietary) creatures I faced in battle.

Time after time, the proverbial backs of my Axies were returned to them on a virtual plate. More discouraging, it seemed that each team I faced was faster (so I went first), stronger (so I could receive/deal more life points) and had more energy (so I played more cards).

After a lot of perseverance, however, I managed to win a few rounds. I would love to believe that this was due to the development of my mastery of the game, but to be honest, it was probably due to some rookie colleagues.

I’m in the mood for love

Winning battles gives you Small Love Potions, or SLP s, which are necessary to create new Axies.

Each Axie can cross at most 7 times, with an increasing number of love potions needed for each subsequent procreation attempt.

Virgin Axies (like mine) require only 100 SLPs to procreate, while the seventh son (or daughter if you prefer) of an Axie costs 1,300 SLPs. Please note that this is done per parent, and you need two parents to tango, so to speak.

The shape of the resulting Axie bundle of joy will be determined by the genetics of the parents, who have dominant, recessive and minor genes for every part of the body.

I accomplished the mission of breeding at least once and after about 5 hours of playing for two days (getting my daily task right twice), I got the 200 SLP I needed and 43 extras for good luck.

Then I read this guide about breeding and quickly decided against it.

If I didn’t feel bad enough holding creatures (although virtual) hostage and making them fight each other for money, giving in to what was basically equivalent to eugenics was a step I wasn’t willing to take.

Gaining a crust

Fortunately, small love potions can also be exchanged for free at Uniswap. The 243 SLP I currently earn is worth about $7 (although prices skyrocketed a few days ago, which would have yielded $20).

Similarly, I could simply swallow my pride (and most of my virtual moral values) and use the SLP to create the Axies I have, selling the perfectly imperfect offspring for a minimum of $20.

Split between my five hours of play, that’s $4 an hour. Not a scary salary in the United States and Western Europe, but still quite respectable in many countries, and an absolute fortune in parts of the developing world.

This is something genuinely incredible and a literal turn of events. Forget about sponsoring a goat to a needy family at Christmas. Buy some Axies! Together with a cheap Android smartphone, the disadvantaged can now become totally self-sufficient.

[NB: the game is also available on Windows, Mac and iOS devices]

In conclusion

Axie Infinity is the most curious thing, as it seems the beginning of a truly new paradigm.

The gameplay won’t surprise you, but there’s certainly enough fun to be had. And the deeper into strategies and tactics you go, the more addicted you can become. The game is still in alpha and there are new elements still in development, like land ownership.

My experience was a bit frustrating at times, but I wasn’t really playing with the spirit I intended. Also, the cards are still being balanced at the alpha stage, so it should be easier for beginners (at least those who are prepared to invest a little money) to start with balance.

A message on the Discord channel of the game suggested that $200 was needed to make the game really fun. I would say that an initial investment can be about half of that if you are prepared to work a little more.

The fact that even my few hours of groping in a bunch of battles produced a rather decent and surprising return.

More investment, research, and skill can generate big profits. The most expensive Axie sold so far was sold for 200 ETH ($75,000), but there are some listed in the market for over $1 million.

Blockchain games are growing, and Axie Infinity gives us a tempting glimpse into what it can become.

It may not be the game that brings hardcore players to blockchain, but it certainly does a great job in making investing in encryption and NFT fun.

La inminente ruptura del banderín coloca el precio de Bitcoin nuevamente en el camino a $ 14,000

El aumento del volumen y una ruptura por encima de una línea de tendencia clave han vuelto a poner el precio de Bitcoin en el camino a $ 14,000.

A medida que se acerca el fin de semana, el precio de Bitcoin ( BTC ) parece estar listo para cerrar el mes con un desempeño notablemente sólido que hace que muchos toros pidan un nuevo máximo histórico por encima de $ 20,000 en un futuro próximo.

Los comerciantes atribuyen estas elevadas estimaciones al hecho de que BTC parece haber invertido $ 12,000 a $ 12,500 para respaldar y, salvo alguna implosión inesperada de precios, Bitcoin está en camino de pintar una hermosa vela mensual.

Más evidencia ‘alcista’ proviene del vencimiento de opciones y futuros de hoy, que vio el vencimiento de intereses abiertos de futuros de $ 450 millones a partir del 28 de octubre.

Según el colaborador de Cointelegraph, Marcel Pechman :

“El vencimiento de las opciones más recientes para BTC y Ether realmente no proporcionó nada sorprendente. Deribit ha vuelto a las opciones de 137K BTC frente a la apertura de 150K de ayer.
Mientras tanto, CME tiene un interés abierto de futuros de $ 215 millones que vence el 30 de octubre, pero esto parece haber tenido un impacto mínimo en el precio, si es que lo hubo. Una vez más, el fenómeno de la caída de precios antes y después de BTC en la ocurrencia de vencimientos de futuros de CME ya no existe. Esto reafirma el argumento alcista para la carrera reciente, a pesar de las noticias negativas de los intercambios asiáticos y Tether “.

Actualmente, BTC cotiza por encima de $ 13.5K, y el gráfico de 4 horas muestra que el activo digital alcanza mínimos y máximos más bajos a medida que el precio se acerca a un rango más ajustado.

Incluso cuando el precio se mantiene por encima del promedio móvil de 20 días, no sería inesperado ver que oscile entre $ 13,500 y $ 12,900 durante el fin de semana y principios de la próxima semana

Si el precio de Bitcoin puede superar la línea de tendencia del banderín en $ 13,620 y asegurar un cierre de 4 horas por encima de ella, entonces es posible un nuevo impulso para un nuevo máximo de 2020 por encima de $ 13,859.

Actualmente, a medida que aumenta el volumen de operaciones, el indicador de divergencia de convergencia de la media móvil muestra que el MACD ha cruzado por encima de la línea de señal (naranja) y el histograma muestra un aumento en el impulso. El RSI también está por encima de la línea media, apenas llegando a 60, pero durante los últimos días, BTC ha encontrado resistencia en $ 13,660.

En el caso de que BTC pierda su impulso actual y caiga del banderín por debajo de $ 13,100, hay soporte en $ 12,800. Si no se mantiene en este nivel, se abre la puerta para una nueva prueba del próximo soporte en $ 12,000 y por debajo de estos $ 11,500.

Ledger will help MicroStrategy protect your Bitcoins

Ledger will help store MicroStrategy’s Bitcoins, after the company announced the purchase of $400 million in currency.

Just a few days ago, MicroStrategy surprised the entire crypto world by announcing that it would start using Bitcoin in its business model. Investing 400 million dollars in the purchase of the crypto currency, as the main source of savings for the company. And now, it has been announced that the crypto company Ledger will help MicroStrategy protect its Bitcoins.

The New Business Strategy

Every day that passes, the adoption of cryptomonies is increasing all over the world. As companies, organizations and individuals are aware of the advantages provided by the use of digital assets such as Bitcoin. Leading them to introduce the Blockchain technology into their business strategies.

Thanks to this, little by little governments have had to create regulations according to the reality of the crypto market. While large private companies are starting to bet on cryptoactives as part of their business plan. The best known case is that of Square, the company of the creator of Twitter, Jack Dorsey, for the facilitation of electronic payments.

However, Square is not the only traditional company that has decided to invest in Bitcoin. The financial intelligence firm MicroStrategy announced in August that it too would enter the crypto market. Investing a total of 400 million dollars in the acquisition of the crypto currency, to keep it as the company’s reserve.

Bitcoin whales have a tendency to accumulate at the beginning of this quarter

Ledger will help protect MicroStrategy Bitcoins

However, this would not be the whole story. Even though MicroStrategy has decided to acquire the Bitcoins, it must still store them and protect them from malicious actors. To do this, it has decided to go to Ledger. A company specialized in the development of hardware for the protection of crypto-currencies, which is also offering its services to companies through a product known as Ledger Vault.
Ledger will help MicroStrategy protect its Bitcoins with Ledger Vault. Source: LedgerLedger will help MicroStrategy protect its Bitcoins with Ledger Vault.

The technology behind this product would be the Hardware Security Modules (HSM), which has been used for years to protect vital data, and is usually considered invulnerable. This will allow MicroStrategy Bitcoins to be fully protected against any hacking attempt.

In order to use the Ledger Vault and mobilize the funds in Bitcoin, two or three people previously authorized by the company will be required to carry out the transaction. If these three people were not present at the same time, the operation could not be carried out.

MicroStrategy would seek to minimize the possibility of a fatal loss of company assets if an unauthorized person were to gain access to the wallet in which the Bitcoins are stored. This also helps Ledger position itself as a trusted enterprise crypto storage company.

Bitcoin pode atingir 16 mil dólares, mas somente se este nível de resistência finalmente quebrar

O preço do bitcoin está se tornando enfadonho novamente, pois está sendo negociado em uma faixa estreita, portanto, tirar um nível de resistência chave é a prioridade número um para os touros.

Há uma semana atrás, o mercado estava em terreno instável, à medida que a volatilidade atravessava o telhado com quedas maciças nas carteiras vistas em toda a linha. Entretanto, esta última semana foi relativamente chata e estável, já que o preço do Bitcoin (BTC) está agora em uma faixa estreita.

Esta faixa estreita está confundindo a maioria dos comerciantes, uma vez que não está sugerindo nenhuma direção para um novo impulso. Será que a Bitcoin Profit vai quebrar acima de $11.000 ou os mercados vão fechar a lacuna da CME em $9.650? Vamos dar uma olhada mais de perto nos gráficos.

Quais são os níveis cruciais para a Bitcoin?

O dólar americano é a moeda em que devemos nos concentrar agora mesmo. Como a fraqueza retorna ao dólar americano, é provável que outras classes de ativos como ouro, prata e Bitcoin continuem sua tendência de alta.

Um erro muitas vezes cometido por comerciantes e investidores nos mercados: esquecer de aumentar o zoom. É muito importante verificar os prazos mais altos para ver este quadro maior, e avaliar onde o mercado está atualmente.

Para as moedas criptográficas e Bitcoin, parece estar em alta e saudável. Mas os comerciantes devem ficar de olho em alguns níveis importantes.

No lado superior, a área de 11.800 dólares é uma área crucial que não poderia ser quebrada no mês anterior, como mostra o gráfico.

Portanto, o preço do Bitcoin recuou para o sul, tornando a zona verde marcada como a zona de apoio mais importante no momento.

Se o preço do Bitcoin sustenta o suporte acima da área verde entre US$ 8.850-9.300, a estrutura em alta permanece válida. Se o preço do Bitcoin cair abaixo da zona verde, uma correção adicional para 7.400 dólares se torna cada vez mais provável.

Entretanto, como o mercado se lembra a partir de 2016, uma euforia em direção a um novo ciclo de touro ocorre através de longas faixas laterais.

De fato, os movimentos observados em 2016 são muito parecidos com a ação de preços atual. Um grande aumento (incluindo uma quebra), após o qual o preço da Bitcoin corrige e começa a se mover dentro de uma faixa estreita.

Esta faixa é estabelecida pelo alto do movimento e pela zona de resistência anterior. Se compararmos isso com a ação do preço atual, a resistência da faixa superior é de US$ 11.800, e o suporte da faixa inferior é de US$ 9.200.

Se o preço da Bitcoin se consolidar e ultrapassar $11.800, uma meta potencial de $16.000 está em cima da mesa.

A capitalização total do mercado criptográfico vê uma correção saudável

A capitalização total do mercado de moedas criptográficas está mostrando uma correção saudável em um mercado com tendências ascendentes.

Pela primeira vez desde junho de 2019, a capitalização total do mercado criou uma nova alta (baseada no fechamento de velas), o que é um sinal de alta. Entretanto, muitos investidores esperam que todos os movimentos ascendentes sejam semelhantes à mania de 2017.

Isso simplesmente não é o caso, pois a estrutura atual do mercado se assemelha apenas ao início e ao desenvolvimento de uma corrida de touros em potencial semelhante ao sentimento e ao impulso do final de 2016.

Isto significa uma moagem lenta para cima, na qual os níveis de resistência anteriores são testados e confirmados como novas áreas de apoio antes de se moverem para cima.

Nesse caso, a capitalização total de mercado do crypto ainda está atuando acima das médias móveis (MAs) de 100 semanas e 200 semanas, com apoio crucial abaixo do atual limite de mercado.

Se o total da capitalização de mercado segurar as áreas de $270-275 bilhões de dólares para apoio, é provável que haja uma continuação para cima. Se um novo movimento de impulso ocorrer, a próxima resistência e zona alvo pode ser vista em $550 bilhões.

Níveis a serem observados no cronograma diário para Bitcoin

O gráfico diário da Bitcoin está mostrando níveis precisos a serem observados. Do lado positivo, se o preço da Bitcoin ultrapassar o nível de $10.450, o pivô potencial e crucial está estruturado entre $10.900-11.000.

Se o mercado quiser subir, o preço da Bitcoin precisa ultrapassar o nível de $11.000. Mas se o preço da Bitcoin rejeitar em $11.000, é muito provável que continue fazendo movimentos de alcance e o possível fechamento da brecha de CME em cerca de $9.600.

Do lado negativo, se o preço da Bitcoin quebrar abaixo de $10.000, é provável que haja uma correção adicional para o pivô crucial em torno de $9.500. Esta queda garante um fechamento da brecha de CME e um teste do nível semanal essencial.

No entanto, tal correção ainda seria classificada como um retrace saudável em um mercado em tendência de alta.

Le pic de nouveaux participants achetant du Bitcoin est “ évidemment haussier ” – Analyste

Le prix du Bitcoin est stable depuis près d’un mois, mais les données en chaîne montrent une augmentation haussière du nombre de nouveaux participants rejoignant le réseau.

Le prix du Bitcoin Revolution est resté relativement stable en septembre et la forte baisse des prix des altcoins et des jetons DeFi semble aggraver la situation pour de nombreux investisseurs.

Malgré ce manque d’élan haussier, les données en chaîne révèlent que de nouveaux participants rejoignent le réseau Bitcoin à un rythme alarmant

Bien que le prix n’ait pas réagi à l’afflux massif de nouveaux participants, l’analyste en chaîne Willy Woo estime qu’il s’agit d’un signe fortement haussier. 30 septembre Woo a tweeté :

«Nous constatons un pic d’activité des nouveaux participants entrant dans la BTC qui n’est pas encore reflété dans le prix, cela n’arrive pas souvent. C’est ce que les traders appellent une divergence, dans ce cas, c’est évidemment haussier »

Comme le montre le graphique ci-dessus, le nombre de nouvelles entités rejoignant le réseau Bitcoin a fortement augmenté depuis la semaine dernière et la métrique a clairement dépassé les chiffres enregistrés en août. La métrique mesure le nombre de clusters (portefeuilles) appartenant à une personne ou un groupe donné.

Qu’est-ce qui attire de nouveaux participants?

Certains analystes estiment que la montée en flèche des nouvelles entités pourrait en partie être attribuée au fort recul des jetons et des altcoins DeFi. Au cours des 30 derniers jours, beaucoup ont enregistré des pertes à deux chiffres, ce qui a peut-être incité les investisseurs à rechercher des alternatives plus sûres sur le marché de la cryptographie.

Bien que le prix du Bitcoin n’ait pas réussi à plusieurs reprises à franchir le niveau de 11000 USD, il est resté stable au-dessus de 10000 USD le mois dernier.

Compte tenu du chaos économique et politique actuel qui traverse les États-Unis et d’autres pays touchés par la pandémie de coronavirus , la stabilité des prix de Bitcoin renforce l’argument selon lequel Bitcoin est une solide réserve de valeur.

Bien que le dollar américain soit resté l’actif le plus recherché face à la récente crise financière, il est possible qu’une deuxième vague d’infections à coronavirus puisse avoir un impact négatif sur l’économie mondiale. Un tel événement inciterait probablement les investisseurs à investir dans des actifs comme l’or et le Bitcoin, surtout si le dollar perd de sa force .

Dit nieuwe Fed beleid zou een spelwisselaar kunnen zijn voor Bitcoin

Soms komen de marktbewegingen met een knal: Een flash-crash, een belangrijk winstverslag, een baanbrekende geopolitieke ontwikkeling.

Maar soms komen marktbewegende ontwikkelingen langzamer op gang: Een verandering in het beleid die nauwelijks de 24-uurs nieuwscyclus rimpelt, maar in de loop van de tijd groeit om echt significant te zijn.

Als belegger is er niet veel te winnen bij het luidere nieuws; het wordt door iedereen tegelijk verwerkt en geïnternaliseerd. Maar soms kunnen de rimpelingen over het hoofd worden gezien, en dat creëert interessante mogelijkheden om te verkennen.

We kregen zo’n rimpeling op 27 augustus, toen de voorzitter van de Federal Reserve, Jerome Powell’s, een belangrijke toespraak hield voor het Jackson Hole Economic Policy Symposium, waarin een subtiele maar zeer belangrijke verschuiving van het beleid van de Fed werd geschetst. De implicaties op lange termijn voor de bitcoin zijn aanzienlijk.

Veranderingen in het beleid van de Fed Langzaam

Alvorens in Powell’s toespraak te graven, is het de moeite waard om op te merken dat fundamentele veranderingen in de manier waarop de Amerikaanse Federal Reserve het monetaire beleid voert, uiterst zeldzaam zijn. Terwijl economische historici de details bespreken, wijzen velen op slechts twee grote veranderingen in de beleidsaanpak van de Fed in de afgelopen 50 jaar:

In 1977, toen de Federal Reserve Reform Act de tweeledige doelstelling van de bank, lage inflatie en maximale werkgelegenheid, formeel introduceerde; en

In 2008, toen de Federal Reserve begon met een kwantitatieve versoepeling, zag zij toe op een ongekende uitbreiding van de omvang en het soort activa op haar balans. (Deze beleidswijziging werd na het feit in 2012 gedocumenteerd in een toespraak van voorzitter Ben Bernanke).

Deze twee verschuivingen markeerden het begin van generatiebepalende mogelijkheden:

De wet van 1977 zette de weg vrij voor Fed-voorzitter Paul Volcker om “de rug van de inflatie te breken” van 1979-1981, waardoor de tarieven tot 19% stegen, en op zijn beurt een 40-jarige stierenmarkt voor obligaties ontstond toen de tarieven in de loop van de volgende vier decennia daalden.

De beleidsverschuiving van 2008 keerde de gunst voor gelijkheidsinvesteerders terug, die de markt met vloeibaarheid door bijna-nul tarieven en de aankoop van een diverse serie van activa overspoelen, die wijdverspreide activa-inflatie aansteken en de langste gelijkheidsstiermarkt in de geschiedenis baren.

De recente verschuiving is subtieler dan de veranderingen van 1977 en 2008, maar niet minder ingrijpend.

Wat is het nieuwe beleidskader en waarom is het van belang?

De kern van het nieuwe beleidskader is een aanzienlijk soepeler en flexibeler aanpak van de inflatiebeheersing. De verschuiving is verpakt in een kleine semantische verandering met grote gevolgen.

Tot de toespraak van Powell was het beleid van de Fed erop gericht om de inflatie elk jaar in de richting van 2% te laten evolueren. Nu zal de Fed streven naar een gemiddelde inflatie van 2% in de loop van de tijd, met de flexibiliteit om in een bepaald jaar ruim boven of onder dat cijfer te komen.

Dat klinkt misschien als een bescheiden verandering, maar in de wereld van het Fed-beleid is het enorm. Het betekent dat als de inflatie gedurende een aantal jaren onder de 2% komt, de Fed de inflatie gedurende een bepaalde periode op een hoger niveau zal laten lopen om de achterstand in te halen.

Er is geen expliciete formule voor de berekening van het gemiddelde inflatiepercentage, waardoor de Fed nieuwe flexibiliteit krijgt om zich naar gevoel aan te passen aan de inflatieresultaten, zowel om haar inflatiedoelstelling te bereiken als om haar macro-economische doelen te bereiken.

CNBC heeft de tijdgeest van het moment vastgelegd in de preview van de toespraak van Powell:

De geschiedenis zal zich herinneren dat Paul Volcker en Jerome Powell aan de andere kant van de inflatiecanyon staan, waarbij de eerste wanhopige acties onderneemt om te proberen de inflatie te beteugelen en de tweede … een ongekende inspanning doet om de inflatie weer aan te zwengelen.

Wat betekent dit voor de investeerders?

Een van de beste beleggingsadviezen is de eeuwenoude quip van Marty Zweig: “Vecht niet tegen de Fed.” In dit geval, als de Fed bereid is tot elke prijs om de inflatie hoger te zien drukken, is het eerlijk om aan te nemen dat het uiteindelijk zijn zin krijgt… en misschien wel meer dan het onderhandelt.

Reflecterend op het nieuwe beleid, voorspelde de legendarische investeerder Stanley Druckenmiller dat de inflatie in de komende vier of vijf jaar gemakkelijk tussen de 5% en 10% zou kunnen liggen. Anderen – onder wie voormalig Fed Chair Alan Greenspan, Ray Dalio en Paul Tudor Jones – maken zich ook zorgen over de inflatie.

Nu investeerders zich steeds meer zorgen maken over een meer inflatie-tolerante Federal Reserve, is een van de grootste potentiële winnaars bitcoin.

Waarom Bitcoin, waarom geen goud?

Wanneer beleggers zich zorgen maken over inflatie en zich daarnaar willen positioneren, is de traditionele veilige haven natuurlijk goud. Inderdaad, beleggers hebben dit jaar tot nu toe alleen al meer dan $29 miljard aan gouden ETF’s toegewezen.

Er is echter een praktische uitdaging wanneer u uitsluitend op goud vertrouwt om uw portefeuille af te dekken: om goud een zinvolle impact te laten hebben op het totale rendement – om u in het ergste geval daadwerkelijk te beschermen – moet u een grote allocatie maken, en dus handelt u uit een groot deel van de andere activa.

Het vooruitzicht om dit te doen geeft een pauze voor velen. Er is veel om over na te denken voordat je zo’n grote verandering maakt: inflatie is een zorg, ja, maar niet gegarandeerd; goud is geen inkomstengenererend goed; aandelen kunnen zich herstellen van de recente pullback; en, met goud in de buurt van all-time highs, maken sommigen zich zorgen dat er niet zoveel meer over is (en misschien zelfs wel een pullback in het verschiet).

Het is door deze lens dat velen de eigenschappen van bitcoin als een kans komen te zien.

Net als goud, heeft bitcoin lage correlaties met andere activaklassen en liquiditeit. Het belangrijke verschil met goud is echter verborgen in het zicht: Bitcoin is vluchtiger, minder geadopteerd, en heeft een marktkapitalisatie van slechts 2% van de huidige omvang van goud. De onderstaande grafiek vergelijkt de marktkapitalisatie van bitcoin met de bovengrondse voorraad goud; bitcoin registreert tot nu toe nauwelijks.

Als een belegger al zijn geld in één activum wilde stoppen, zouden kenmerken als volatiliteit en hoge bèta’s misschien niet aantrekkelijk klinken. Maar in de context van het proberen om hun portefeuille af te dekken, betekenen die functies dat je veel knal voor je geld krijgt. Een zeer kleine allocatie van bitcoin, zelfs 1%, kan een enorme impact hebben.

Dit jaar, te midden van ongelooflijke onrust op de markten en onzekerheid, is GLD gestegen met ~25% en BTC is gestegen met ~46% tot 21 september. Het is natuurlijk maar één jaar, maar zoals vele rapporten hebben aangetoond, zijn de meerjaarlijkse prestaties ook indrukwekkend.

De nascency van Bitcoin betekent dat het niet iets is waar iedereen het over eens is, en het brengt veel risico’s met zich mee. Maar het betekent ook dat bitcoin nog steeds veel ruimte heeft om te draaien, wat het krachtig maakt. En natuurlijk is er een groeiende menigte die gelooft dat een digitale versie van goud – met zijn weerstand tegen inbeslagname, gemak van overdracht, gemak van opslag, altijd open markten en privacy – een groot deel van de toekomst is.

Jerome Powell’s baanbrekende nieuwe inflatiepolitiek zorgt ervoor dat veel investeerders nu al nadenken over hun positionering als de inflatie zich voordoet. Als we kijken naar de beschikbare opties om deze blootstelling af te dekken, blijkt de bitcoin steeds beter.

Zoals Paul Tudor Jones onlangs schreef over de toewijzing van zijn fonds aan bitcoin, “Ik ben geen hard-geld of een crypto noot. Ik ben geen Millennial … maar een Baby Boomer die de kans wil grijpen die zich voordoet en tegelijkertijd mijn kapitaal wil beschermen in een steeds veranderende omgeving”.

Nu lijkt het steeds meer de juiste plaats en het juiste moment voor bitcoin.

Bitcoin Maxis explica la diferencia entre BTC y Ponzi, saludando con la cabeza a Portnoy

Mientras hablaba con Pomp, el fundador de Barstool Sports llamó a BTC un esquema Ponzi; ahora los principales influenciadores de la criptografía están explicando la diferencia con Portnoy
Bitcoin Maxis explica la diferencia entre BTC y Ponzi, saludando con la cabeza a Portnoy

Contenido

“Los inicios de la etapa inicial son similares a los de Ponzis”: Willy Woo
“La definición de Portnoy hace que cada activo comercializado públicamente parezca un Ponzi”
El “coqueteo con el cripto” de David Portnoy

En su reciente y popular podcast de criptografía, Anthony Pompliano tuvo una charla con el presidente de Barstool Sports, David Portnoy, quien llamó a Bitcoin “un gran esquema Ponzi”.

Ahora, un grupo de personas influyentes en Twitter están discutiendo sobre las conclusiones apresuradas de Portnoy y explicando en qué se equivoca al decir que Bitcoin Revolution es un esquema Ponzi.
“Los inicios de la etapa inicial son similares a los Ponzis”: Willy Woo

El prominente comerciante y empresario de criptografía Willy Woo fue uno de los que respondió a la conclusión de fuego rápido de David Portnoy sobre Bitcoin.

Woo declaró que los inicios en las primeras etapas son algo similar a las burbujas y, por lo tanto, a los esquemas Ponzi. Dejan de parecerlo una vez que empiezan a parecerse a la “nueva normalidad y a cambiar el mundo”.

Pero hasta entonces, no muestran ninguna productividad real, como explicó Woo.

“La definición de Portnoy hace que cada activo comercializado públicamente parezca un Ponzi”

El defensor de Bitcoin Jameson Lopp también comentó la retórica negativa de Portnoy sobre Bitcoin. Citó la definición de Portnoy de un esquema Ponzi (“entras y tienes que ser el que no se queda con la bolsa”) y declaró en respuesta que, con esa creencia, cada activo comercializado públicamente podría ser considerado también una pirámide.

El CIO de BlockTower Ari Paul añadió que Bitcoin es un activo especulativo, a diferencia de una inversión tradicional, que tampoco es un esquema Ponzi.
BTC

El criptograma relacionado supera al oro y las acciones de EE.UU. suben un 70%, el mejor activo: China Central TV
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Crypto supera al oro y las acciones de EE.UU. suben un 70%, el mejor activo: China Central TV

El “coqueteo con el cripto” de David Portnoy

El presidente de Barstool Sports sumergió los dedos de sus pies en criptografía recientemente, agarrando una gran cantidad de Bitcoin y Chainlink (cuando LINK estaba en su punto máximo) después de hablar con los gemelos Winklevoss en su casa.

Tyler y Cameron Winklevoss “educaron” a Portnoy sobre la criptografía, sobre la escasez de Bitcoin en particular y por qué se cree que es mejor que el oro y que tiene más potencial para un alto crecimiento en el futuro.

Sin embargo, más tarde, cuando LINK y Bitcoin comenzaron a caer y a declinar, Portnoy comenzó a golpear la criptografía y recientemente lo llamó un esquema Ponzi en el podcast de Pomp “Off The Chain”.