LocalBitcoins Bitcoin Volumes At An All-Time High in ...

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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Massive increase in US local bitcoins volume last week

submitted by _smudger_ to Bitcoin [link] [comments]

Local Bitcoin Volumes Plunge After KYC

Local Bitcoin Volumes Plunge After KYC submitted by cryptolobe to cryptolobe [link] [comments]

New weekly record in Local Bitcoin volumes plus new highs in Canada, Colombia, Denmark, Saudi Arabia, Thailand and Venezuela

submitted by _smudger_ to Bitcoin [link] [comments]

Tone Vays - Bitcoin Morning Brief w/ Jimmy - CBOE Futures, Local Bitcoins Volume, SEC vs ICO's & BTCUSD Price

Tone Vays - Bitcoin Morning Brief w/ Jimmy - CBOE Futures, Local Bitcoins Volume, SEC vs ICO's & BTCUSD Price submitted by Yanlii to cryptovideos [link] [comments]

India May Be Starting Its Biggest Bitcoin Bull Run Yet

India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March.

According to Coin Dance’s Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an all-time high in July.

Siddhartha Dutta, CEO of Marlin, a tech startup in Bangalore, said the recent spike in demand for bitcoin mirrors Indians’ reaction to demonetization in 2016. Back then some people learned the value of holding bitcoin, whose issuance is not controlled by any government
when the Indian government recalled a vast percentage of paper currency.

The old bills suddenly lost value due to a government decree. The idea that bitcoin’s value is based on market principles, instead of fickle government policies, made it particularly attractive.

The price of bitcoin on Zebpay, an Indian crypto exchange, had surged from $757 to $1,020 in 18 days after demonetization, while the bitcoin price in the U.S. remained relatively static. For some Indian investors, investing in bitcoin was a safe option to store their wealth and minimize the uncertainties caused by demonetization and a possible gold ban.

India’s growing crypto market dramatically slowed in 2018, when the Reserve Bank of India (RBI) ordered financial institutions to avoid working with crypto exchanges.
submitted by ami_nil1987 to airdropfactory [link] [comments]

About Venezuela crypto usage

Hi guys, I'm Venezuelan living here.
I have been posting updates about the crypto situation here in Venezuela.
Usually the main trade amount is by Localbitcoin, the traded weekly there is around 500 BTC. From Bs. (Bolivares) to BTC and from BTC to Bs.
Considering the current situation of the country, where minimum monthly wage is around 5 USD (800,000 Bs.) and the goverment regulated some prices and one kilo of meat is around 700,000 Bs. (almost one month of wage) .
I think 500 BTC per week is a respectable amount. The usage of origin of these amount of money is not clear to me, I think miners, people get paid in BTC, people that send remitances to their families in Venezuela and so on.
Traki is a store like Sears maybe, the have been accepting cryptos for like a year they use a POS made by Cryptobuyer and I really don't understand how it works (I think you simple have to wait for the confirmation at least 1).
https://imgur.com/a/YCKNBY1
They accept BTC, ETH, DASH, LTC, BINANCE and TETHER.
DASH has a great marketing team, they managed to KFC, Churchs Chicken, Papa Jhons and Subway to accept DASH in some locations.
https://www.forbes.com/sites/rebeccacampbell1/2018/12/07/discussions-in-place-for-dash-to-be-accepted-at-kfc-venezuela/#5e6269bc5d38
https://dashnews.org/churchs-chicken-venezuela-offers-special-promotion-for-paying-with-dash/
https://www.businessinsider.com/dash-cryptocurrency-surges-in-venezuela-as-hyperinflation-explodes-2018-8 (A billboard in one of the main highways in Caracas) https://www.businessinsider.nl/dash-cryptocurrency-surges-in-venezuela-as-hyperinflation-explodes-2018-8/?international=true&r=UK
There are some stores that sell mining hardware (I think they have some relation with the goverment, because mining here is dangerous the police dont like you to mine and if they found out you are easily a ramson victim), this is a news of that store now accepting BTC cash (by the way the only accept crypto payments)
https://es.0xzx.com/201906039799.html
https://alnavio.com/noticia/16806/economa/en-venezuela-la-criptomoneda-dash-se-admite-en-movistar-subway-y-otros-2.500-comercios.html (in spanish)
About the PETRO:
https://www.reddit.com/CryptoCurrency/comments/gbpqvb/petro_the_venezuelan_goverment_backed_crypto_is/
About the WAGE and prices:
https://translate.google.com/translate?um=1&ie=UTF-8&hl=es&client=tw-ob&sl=es&tl=en&u=https%3A%2F%2Fefectococuyo.com%2Feconomia%2Fgobierno-de-maduro-actualizo-precios-de-27-productos-regulados%2F
About LocalBITCOIN Volumes:
https://coin.dance/volume/localbitcoins/VES

Any question AMA.
submitted by WorkingLime to CryptoCurrency [link] [comments]

India May Be Starting Its Biggest Bitcoin Bull Run Yet

India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March.

According to Coin Dance’s Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an all-time high in July.

Siddhartha Dutta, CEO of Marlin, a tech startup in Bangalore, said the recent spike in demand for bitcoin mirrors Indians’ reaction to demonetization in 2016. Back then some people learned the value of holding bitcoin, whose issuance is not controlled by any government when the Indian government recalled a vast percentage of paper currency.

The old bills suddenly lost value due to a government decree. The idea that bitcoin’s value is based on market principles, instead of fickle government policies, made it particularly attractive.

The price of bitcoin on Zebpay, an Indian crypto exchange, had surged from $757 to $1,020 in 18 days after demonetization, while the bitcoin price in the U.S. remained relatively static. For some Indian investors, investing in bitcoin was a safe option to store their wealth and minimize the uncertainties caused by demonetization and a possible gold ban.

India’s growing crypto market dramatically slowed in 2018, when the Reserve Bank of India (RBI) ordered financial institutions to avoid working with crypto exchanges.
submitted by ami_nil1987 to DigitalCryptoWorld [link] [comments]

Venezuela update. One BTC is around 1,470,000,000 Bs. (Bolivares). 485 BTC were traded last week, down from 568 BTC (only using LocalBitcoin), these 485 BTC traded are 712,891,000,000 Bs. Minimum monthly is around 5 USD.

Hi guys,
Just updating LocalBitcoin volumes in Venezuela. Lower than last week but steady around 2000 BTC monthly.
Any question let me know, AMA.
Sources:
https://orinocotribune.com/comprehensive-minimum-wage-increase-by-78-in-venezuela/
https://www.npr.org/sections/goatsandsoda/2019/09/06/757822363/a-doctor-or-nurse-might-earn-6-a-month-in-venezuela-if-theyre-lucky
https://coin.dance/volume/localbitcoins/VES/BTC
LBTC listings https://localbitcoins.com/buy-bitcoins-online/ves/
submitted by WorkingLime to Bitcoin [link] [comments]

Moon Math Update: Bitcoin is ready to grow again

Go to http://moonmath.win for the full update and rainbow charts
I've said this before: When I get quiet, it's time to accumulate. I've been quiet. Before I went quiet I suggested it was a good time to DCA into a position. The jury is far from out on that, but I think moon math is tracking pretty well with this retrace.
Moon Math takes a long-term bull perspective. It doesn't say "Insane awesome returns forever!" Instead, it invites you to consider our current price position against past trends. I know for a fact that some people look at the rainbow charts and think "Oh boy, we're in the red and it's only up from here." That's insane. Don't do that again. Projecting the price based on the trend from the ATH isn't going to work out for anyone. The Moon Math we're seeing today is probably a better projector of performance than any time in the last several months (I'll get that time travel feature done someday).
Is this retrace over? I'm going to shout an unsatisfying and resounding "possibly" on this. Part of the reason that I haven't been posting is that my position on this hasn't changed. "Possibly" and "no change" is a boring answer, but I'll spice it up for you a little today, because the outlook has improved from when I last posted.

BBands are tightening.

BBands have been tightening for a while, and we're going to start seeing tight BBands on the 12-hour chart soon. Bitcoin is volatile. BBands like this predict a move in one direction or the other. A direction for the price will be more firmly established in the next five days. If it breaks down I expect slower growth over the next four to six months as well as significantly less volatility. If we break up, then I think we’ll see continued parabolic growth on the log chart and a new ATH in the next month. Clearly, I think that the price breaking down one more time will be good for Bitcoin long-term.
We can sustain BBands this tight for months at a time. Observe the 12-hour bands In April through June in 2017. That pattern shows the price doubling in 2 months. So, nothing definitive there. Having a direction doesn't mean we'll have a big change in price, though.

Bouncing off the bottom of our short-term trend

We've bounced off the bottom of our short-term trend 4 times in the last two weeks with decreasing bear volume. That indicates that there's a lot of support at the bottom of our trend. The drop in volume shows that bears are running out of supply.

The short-term up trend is sustainable

The slope of our short-term trend is only slightly greater than the 6-month trend. IMO, fundamentals show that it's possible to maintain that trend indefinitely. That's true of a rational market, anyway.

Local Bitcoins Volume is growing

Volume at Local Bitcoins is about 5x to 6x what it was this time last year. I'm not sure they can bust at the seams like that for another year, but linear growth from here seems like a conservative expectation for at least the next year. I suspect we're going to see about 40 to 80 million USD a day flow into Bitcoin through Local Bitcoins by the end of 2018. That will be an important metric used to analyze our entrance into a pre-halving market through 2019.

Sentiment is as low as we've seen in a while

Consider the price and infrastructure of Bitcoin today vs six months ago. Consider the attacks we've flourished through. It's normal to see sentiment turn against Bitcoin. If it didn't we'd see unstainable growth and even more volatility. If you bet against the crowd, now is the time to make a bet.
Going back into my hole and shutting up while I'm proven right, again. Maybe I'll check in again later this week.
Good hunting
Go to http://moonmath.win for the full update and rainbow charts
Label 7-day Performance 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Starting Price USD $11,522.86 $14,427.87 $9,816.35 $6,121.80 $997.69 $434.46 $313.92 $770.44 $13.30 $5.27 $0.30 $0.09
Compounding Daily Periodic Rate 0.21% -0.70% 0.29% 0.72% 0.63% 0.44% 0.32% 0.18% 0.37% 0.35% 0.41% 0.43%
Over $20,000.00 on 2018-10-08 Never!!! 2018-07-30 2018-04-12 2018-04-21 2018-05-29 2018-07-11 2018-11-15 2018-06-20 2018-06-27 2018-06-02 2018-05-26
Over $31,622.78 on 2019-05-13 Never!!! 2019-01-03 2018-06-14 2018-07-03 2018-09-11 2018-11-30 2019-07-24 2018-10-23 2018-11-06 2018-09-22 2018-09-10
Over $100,000.00 on 2020-11-08 Never!!! 2020-02-01 2018-11-21 2019-01-02 2019-06-03 2019-11-22 2021-04-13 2019-09-02 2019-10-03 2019-06-30 2019-06-04
Over $1,000,000.00 on 2023-11-02 Never!!! 2022-03-30 2019-10-06 2020-01-03 2020-11-13 2021-11-04 2024-09-23 2021-05-22 2021-07-26 2021-01-11 2020-11-20
submitted by jarederaj to Bitcoin [link] [comments]

Moon Math Update: Noob DCA Strategy -- Second Edition -- Vol. 7

We're on day 38 of our DCA. There are 204 days left until you've acquired your first full position in Bitcoin.
https://www.moonmath.win

Weekend Price action

After this last weekend some of you are probably still wondering if I'm stuck on stability. Have I caught up with the times? Am I going to make things right? Am I changing my position?
Let's work through it together by stepping back and taking a look at what might have changed in our projections since acquiring these new data over the weekend.

The Rearview Mirror

https://www.tradingview.com/x/TK2OHx1E/
I'm marking periods of observed distribution with green blocks and periods of accumulation with a blue box. We haven't known it when in periods of accumulation in the past and I don't think it's possible to know when you are. Sometimes people guess and they get it right. If anybody can do that consistently then they can write a best-selling book on trading and end market instability forever.
The same is true for distribution. You can only observe the market in hindsight. So, looking at the market in these terms is extremely limited if you're trying to make projections or understand where we might be headed.
Before the weekend I thought we were in a period of accumulation. I was wrong.
You'll also notice that I moved around where we are on the daily projection. Today, the green projection matches up with February 18th, 2012. The red projection matches up with April 14th, 2015.

Changing Projections

https://www.tradingview.com/x/BzyI540p/
I changed the projections so the matched up with market bottoms that were near stable periods instead of matching up periods based on the beginning of a periods that had high stability and low RSI. The dates are close to the same, but we get nice market bottoms to match up with our current chart.

Shifting Perspective?

https://www.tradingview.com/x/JcJkZEWX/
Looking for an opportunity to shift my perspective and I'm seeing some. I had been optimistic that a period of low volatility had shot off like a rocket, and that, maybe, we'd see bullish recovery by the end of the summer. I'm less convinced of that now. In fact, I'm looking at this chart and wondering if we're going to go sideways through the end of the year. Attempting a new ATH in 2018 is probably off the table unless there's a barrage of good news that flips the market into overdrive.

Distribution and Accumulation

https://www.tradingview.com/x/k07ayBz
I've been going on about the debate between distribution and accumulation. They're effectively two sides of the coin that the market is slipping between all the time? What's the motivation of buyers and sellers? You can't really know, but there are some indicators we can use that help us guess at that broadly.

LocalBitcoins Volume

https://anacoinda.github.io/localbitcoins/all.html
Transaction volume looks incredible overall, but we're not seeing growth in North American or Central/South Asia.
Transaction volume growth is coming from Europe and Latin America; places that have distressed currencies and ubiquitous access to (mostly) stable networks.
We're not seeing a rapid influx of capital anywhere, but if you compare actual Bitcoin adoption in places that are using it, presumably for Bitcoin's intended purpose, then I think you start to see an emerging pattern.

Irrational Exuberance

There's growing irrational exuberance among bears illustrated by market descriptions of diverse use cases for Blockchain technology. It's as though the discovery of a new application of the underlying technology is automatically a candidate for a new paradigm in human experience. This is analogous to what we saw around Internet startups in 1995 - 2000. After exposing the market to nearly 1.8 trillion USD in lost value it took two and a half years to find a market bottom. The scale of Bitcoin is very different, but I think it's possible that if alts don't shake out in this market then we're headed for something much worse on a much larger scale.
Actual--real world--Blockchain usage is low while acquisition of cryptocurrencies for speculation is very high. Acquisition for speculation pushes mining infrastructure along; as we've seen. infrastructure isn't fake; it's very real. You can't fake a miner and you can't fake the electricity it's using unless you're stealing it. That economy has grown up and it will keep growing through this market, despite and because of what speculators fail to see: fundamental real world usage.
Transactions are going up, dollars are going down. You don't see things like LocalBitcoins popping up for alts because the alt market, and ICOs, are entirely composed of a group of speculators who have lost their collective minds. Thinking that Bitcoin usage in coffee shops implies is simply not appealing metric. I don't want to mess around in a project where the end game is a Venti-Mocha-Frappachino at Starbucks.

An Alternative to Corruption

Bitcoin isn't here for adoption on Wall Street. It isn't a technology that makes sharing information easier. It isn't something that's meant to overthrow Uber or create a new sharing economy. There isn't some killer application for blockchain that's going to change the economics of how software applications are developed.
Bitcoin protects people who are forced to suffer under systems where power, corruption, and incompetence control the value of money. Any other application for a blockchain I've seen isn't as significant and it doesn't qualify as part of the revolution that Bitcoin already is.
Good hunting.

Previous posts in this series

submitted by jarederaj to BitcoinMarkets [link] [comments]

Moon Math Update - 2018-01-29

Go to http://moonmath.win for the full update and rainbow charts
I've said this before: When I get quiet, it's time to accumulate. I've been quiet. Before I went quiet I suggested it was a good time to DCA into a position. The jury is far from out on that, but I think moon math is tracking pretty well with this retrace.
Moon Math takes a long-term bull perspective. It doesn't say "Insane awesome returns forever!" Instead, it invites you to consider our current price position against past trends. I know for a fact that some people look at the rainbow charts and think "Oh boy, we're in the red and it's only up from here." That's insane. Don't do that again. Projecting the price based on the trend from the ATH isn't going to work out for anyone. The Moon Math we're seeing today is probably a better projector of performance than any time in the last several months (I'll get that time travel feature done someday).
Is this retrace over? I'm going to shout an unsatisfying and resounding "possibly" on this. Part of the reason that I haven't been posting is that my position on this hasn't changed. "Possibly" and "no change" is a boring answer, but I'll spice it up for you a little today, because the outlook has improved from when I last posted.

BBands are tightening.

BBands have been tightening for a while, and we're going to start seeing tight BBands on the 12-hour chart soon. Bitcoin is volatile. BBands like this predict a move in one direction or the other. A direction for the price will be more firmly established in the next five days. If it breaks down I expect slower growth over the next four to six months as well as significantly less volatility. If we break up, then I think we’ll see continued parabolic growth on the log chart and a new ATH in the next month. Clearly, I think that the price breaking down one more time will be good for Bitcoin long-term.
We can sustain BBands this tight for months at a time. Observe the 12-hour bands In April through June in 2017. That pattern shows the price doubling in 2 months. So, nothing definitive there. Having a direction doesn't mean we'll have a big change in price, though.

Bouncing off the bottom of our short-term trend

We've bounced off the bottom of our short-term trend 4 times in the last two weeks with decreasing bear volume. That indicates that there's a lot of support at the bottom of our trend. The drop in volume shows that bears are running out of supply.

The short-term up trend is sustainable

The slope of our short-term trend is only slightly greater than the 6-month trend. IMO, fundamentals show that it's possible to maintain that trend indefinitely. That's true of a rational market, anyway.

Local Bitcoins Volume is growing

Volume at Local Bitcoins is about 5x to 6x what it was this time last year. I'm not sure they can bust at the seams like that for another year, but linear growth from here seems like a conservative expectation for at least the next year. I suspect we're going to see about 40 to 80 million USD a day flow into Bitcoin through Local Bitcoins by the end of 2018. That will be an important metric used to analyze our entrance into a pre-halving market through 2019.

Sentiment is as low as we've seen in a while

Consider the price and infrastructure of Bitcoin today vs six months ago. Consider the attacks we've flourished through. It's normal to see sentiment turn against Bitcoin. If it didn't we'd see unstainable growth and even more volatility. If you bet against the crowd, now is the time to make a bet.
Going back into my hole and shutting up while I'm proven right, again. Maybe I'll check in again later this week.
Good hunting
Go to http://moonmath.win for the full update and rainbow charts
Label 7-day Performance 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Starting Price USD $11,522.86 $14,427.87 $9,816.35 $6,121.80 $997.69 $434.46 $313.92 $770.44 $13.30 $5.27 $0.30 $0.09
Compounding Daily Periodic Rate 0.21% -0.70% 0.29% 0.72% 0.63% 0.44% 0.32% 0.18% 0.37% 0.35% 0.41% 0.43%
Over $20,000.00 on 2018-10-08 Never!!! 2018-07-30 2018-04-12 2018-04-21 2018-05-29 2018-07-11 2018-11-15 2018-06-20 2018-06-27 2018-06-02 2018-05-26
Over $31,622.78 on 2019-05-13 Never!!! 2019-01-03 2018-06-14 2018-07-03 2018-09-11 2018-11-30 2019-07-24 2018-10-23 2018-11-06 2018-09-22 2018-09-10
Over $100,000.00 on 2020-11-08 Never!!! 2020-02-01 2018-11-21 2019-01-02 2019-06-03 2019-11-22 2021-04-13 2019-09-02 2019-10-03 2019-06-30 2019-06-04
Over $1,000,000.00 on 2023-11-02 Never!!! 2022-03-30 2019-10-06 2020-01-03 2020-11-13 2021-11-04 2024-09-23 2021-05-22 2021-07-26 2021-01-11 2020-11-20
submitted by jarederaj to BitcoinMarkets [link] [comments]

Your Daily Moon Math - 2017-12-11

Futures trading is happening now, I guess. What a joke.
Here's Cramer being wrong, again.
https://www.cnbc.com/video/2017/12/08/cramer-there-could-be-more-shenanigans-after-bitcoin-futures-start-trading.html
Futures markets will not "kibosh" Bitcoin volatility until there's an actual asset that's traded behind the contract. Skin isn't in the game in those markets, yet. To impact trading you need to have a mechanism that directly includes you in the market.
Review evandaniel 's post history for a tempered view of futures.
My view is that what we're seeing is the first best move of the establishment to fight cooperatively against what they're starting consider a real and present danger. Apparently, they're divided and uncertain about being corralled into an ideological dispute and universally unwilling to put their money where their mouth is.

Azop's Rainbow Charts

Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
From Date 2017-11-10 2017-10-11 2017-09-11 2017-01-01 2016-01-01 2015-01-01 2014-01-01 2013-01-01 2012-01-01 2011-01-01 2010-07-18
Starting Price USD $6,719.40 $4,819.49 $4,248.09 $997.73 $432.00 $312.00 $804.00 $12.50 $5.27 $0.30 $0.09
% Change 221% 309% 350% 1490% 3442% 4766% 1849% 118958% 282159% 4956602% 16522006%
Doubling in months 0.9 1.2 1.7 3.0 4.7 6.6 11.7 6.0 6.5 5.5 5.3
Doubling Period in Days 27 38 51 91 144 200 355 183 196 169 162
Days in period 30 60 90 343 709 1074 1439 1804 2171 2536 2703
Compounding Daily Periodic Rate 2.68315% 1.90% 1.40% 0.7908% 0.45% 0.36% 0.20% 0.39% 0.36663% 0.43% 0.45%
Daily Periodic Rate 4.04% 3.48% 2.78% 4.05% 1.42% 0.74% 0.30% 0.87% 0.77% 1.02% 1.11%
Annual Rate of Investment 1476% 1269% 1014% 1480% 518.3% 271.8% 109.6% 319.0% 280.3% 374.0% 406.5%
Over $20,000.00 on 2017-12-20 2017-12-25 2017-12-30 2018-01-15 2018-05-02 2018-02-28 2018-05-03 2018-02-19 2018-02-25 2018-02-12 2018-02-15
Over $25,190.00 on 2017-12-29 2018-01-06 2018-01-15 2018-02-13 2018-06-22 2018-05-03 2018-08-25 2018-04-19 2018-04-29 2018-04-07 2018-04-08
Over $31,620.00 on 2018-01-06 2018-01-18 2018-02-01 2018-03-14 2018-08-12 2018-07-05 2018-12-15 2018-06-16 2018-06-30 2018-05-31 2018-05-29
Over $56,230.00 on 2018-01-28 2018-02-17 2018-03-14 2018-05-25 2018-12-17 2018-12-12 2019-09-24 2018-11-09 2018-12-04 2018-10-12 2018-10-06
Over $79,430.00 on 2018-02-10 2018-03-07 2018-04-07 2018-07-08 2019-03-04 2019-03-17 2020-03-13 2019-02-05 2019-03-09 2019-01-01 2018-12-22
Over $100,000.00 on 2018-02-18 2018-03-20 2018-04-24 2018-08-06 2019-04-24 2019-05-20 2020-07-04 2019-04-05 2019-05-10 2019-02-24 2019-02-12
Over $1,000,000.00 on 2018-05-15 2018-07-19 2018-10-05 2019-05-24 2020-09-17 2021-02-17 2023-08-13 2020-11-10 2021-01-27 2020-08-16 2020-07-14
nannal 's A+ on 2018-02-28 2018-04-02 2018-05-14 2018-09-21 2019-06-20 2020-01-09 NEVER!!!! 2020-01-09 NEVER!!!! 2019-07-31 2019-06-28
The Nannaling 81.8% What the shit is this?
nannal 2020 72.7% Read about it

LocalBitcoins Volume Moon Math Table

https://coin.dance/volume/localbitcoins/ALL
Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance
From Date 2017-11-04 2017-10-07 2017-09-09 2016-12-31
Starting Price USD 65851670 48861006 53429749 17629542
% Change 147% 199% 182% 550%
Doubling Period in Days 65 66 109 144
Days in period 35 63 91 343
Compounding Daily Periodic Rate 1.1132% 1.0947% 0.6577% 0.4984%
Over $100,000,000.00 on 2017-12-13 2017-12-13 2017-12-15 2017-12-17
Over $150,000,000.00 on 2018-01-19 2018-01-20 2018-02-15 2018-03-08
Over $316,200,000.00 on 2018-03-27 2018-03-29 2018-06-09 2018-08-05
Over $1,000,000,000.00 on 2018-07-09 2018-07-13 2018-12-01 2019-03-25
Over $100,000,000,000.00 on 2019-08-29 2019-09-09 2020-11-03 2021-10-06
Over $1,000,000,000,000.00 on 2020-03-24 2020-04-07 2021-10-20 2023-01-12
submitted by jarederaj to BitcoinMarkets [link] [comments]

Moon Math Update

Futures trading is happening now, I guess. What a joke.
Here's Cramer being wrong, again.
https://www.cnbc.com/video/2017/12/08/cramer-there-could-be-more-shenanigans-after-bitcoin-futures-start-trading.html
Futures markets will not "kibosh" Bitcoin volatility until there's an actual asset that's traded behind the contract. Skin isn't in the game in those markets, yet. To impact trading you need to have a mechanism that includes you in the market.
Review evandaniel 's post history for a tempered view of futures.
My view is that what we're seeing is the first best move of the establishment to fight cooperatively against what they're starting consider a real and present danger. Apparently, they're divided and uncertain about being corralled into an ideological dispute and universally unwilling to put their money where their mouth is.

Azop's Rainbow Charts

Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
From Date 2017-11-10 2017-10-11 2017-09-11 2017-01-01 2016-01-01 2015-01-01 2014-01-01 2013-01-01 2012-01-01 2011-01-01 2010-07-18
Starting Price USD $6,719.40 $4,819.49 $4,248.09 $997.73 $432.00 $312.00 $804.00 $12.50 $5.27 $0.30 $0.09
% Change 221% 309% 350% 1490% 3442% 4766% 1849% 118958% 282159% 4956602% 16522006%
Doubling in months 0.9 1.2 1.7 3.0 4.7 6.6 11.7 6.0 6.5 5.5 5.3
Doubling Period in Days 27 38 51 91 144 200 355 183 196 169 162
Days in period 30 60 90 343 709 1074 1439 1804 2171 2536 2703
Compounding Daily Periodic Rate 2.68315% 1.90% 1.40% 0.7908% 0.45% 0.36% 0.20% 0.39% 0.36663% 0.43% 0.45%
Daily Periodic Rate 4.04% 3.48% 2.78% 4.05% 1.42% 0.74% 0.30% 0.87% 0.77% 1.02% 1.11%
Annual Rate of Investment 1476% 1269% 1014% 1480% 518.3% 271.8% 109.6% 319.0% 280.3% 374.0% 406.5%
Over $20,000.00 on 2017-12-20 2017-12-25 2017-12-30 2018-01-15 2018-05-02 2018-02-28 2018-05-03 2018-02-19 2018-02-25 2018-02-12 2018-02-15
Over $25,190.00 on 2017-12-29 2018-01-06 2018-01-15 2018-02-13 2018-06-22 2018-05-03 2018-08-25 2018-04-19 2018-04-29 2018-04-07 2018-04-08
Over $31,620.00 on 2018-01-06 2018-01-18 2018-02-01 2018-03-14 2018-08-12 2018-07-05 2018-12-15 2018-06-16 2018-06-30 2018-05-31 2018-05-29
Over $56,230.00 on 2018-01-28 2018-02-17 2018-03-14 2018-05-25 2018-12-17 2018-12-12 2019-09-24 2018-11-09 2018-12-04 2018-10-12 2018-10-06
Over $79,430.00 on 2018-02-10 2018-03-07 2018-04-07 2018-07-08 2019-03-04 2019-03-17 2020-03-13 2019-02-05 2019-03-09 2019-01-01 2018-12-22
Over $100,000.00 on 2018-02-18 2018-03-20 2018-04-24 2018-08-06 2019-04-24 2019-05-20 2020-07-04 2019-04-05 2019-05-10 2019-02-24 2019-02-12
Over $1,000,000.00 on 2018-05-15 2018-07-19 2018-10-05 2019-05-24 2020-09-17 2021-02-17 2023-08-13 2020-11-10 2021-01-27 2020-08-16 2020-07-14
nannal 's A+ on 2018-02-28 2018-04-02 2018-05-14 2018-09-21 2019-06-20 2020-01-09 NEVER!!!! 2020-01-09 NEVER!!!! 2019-07-31 2019-06-28
The Nannaling 81.8% What the shit is this?
nannal 2020 72.7% Read about it

LocalBitcoins Volume Moon Math Table

https://coin.dance/volume/localbitcoins/ALL
Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance
From Date 2017-11-04 2017-10-07 2017-09-09 2016-12-31
Starting Price USD 65851670 48861006 53429749 17629542
% Change 147% 199% 182% 550%
Doubling Period in Days 65 66 109 144
Days in period 35 63 91 343
Compounding Daily Periodic Rate 1.1132% 1.0947% 0.6577% 0.4984%
Over $100,000,000 on 2017-12-13 2017-12-13 2017-12-15 2017-12-17
Over $150,000,000 on 2018-01-19 2018-01-20 2018-02-15 2018-03-08
Over $316,200,000 on 2018-03-27 2018-03-29 2018-06-09 2018-08-05
Over $1,000,000,000 on 2018-07-09 2018-07-13 2018-12-01 2019-03-25
Over $100,000,000,000 on 2019-08-29 2019-09-09 2020-11-03 2021-10-06
Over $1,000,000,000,000 on 2020-03-24 2020-04-07 2021-10-20 2023-01-12
http://moonmath.win
submitted by jarederaj to Bitcoin [link] [comments]

Moon Math Update : 2018-02-05

Go to http://moonmath.win for the full moon math table and rainbow charts
Here's to potentially being wrong about a large move in personal record time.
Still, the outlook hasn't changed since Friday's rant, though:
https://www.reddit.com/BitcoinMarkets/comments/7uu4ju/moon_math_update_20180202/
So, I reckon I'll either be epically wrong or somewhat right this time tomorrow.
We went down a lot faster than I expected. We didn't bounce that hard off the bottom of the channel either. It seems like everyone expected that to happen, so it did. I don't expect the channel to break and there seems to be a general lack of effort to force the issue from the market.
I think we're waiting on more news from the SEC, and we'll hover here until we know more.
If you need distraction, the Falcon heavy launches tomorrow.
Good Hunting

Moon Math Table

Label 7-day Performance 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Labels 7-day Performance 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance 2016 - Present Performance 2015 - Present Performance 2014 - Present Performance 2013 - Present Performance 2012 - Present Performance 2011 - Present Performance July 2010 - Present Performance
Starting Price USD $11,158.39 $17,135.84 $16,858.02 $7,118.80 $997.69 $434.46 $313.92 $770.44 $13.30 $5.27 $0.30 $0.09
Compounding Daily Periodic Rate -6.61% -2.98% -1.47% -0.03% 0.49% 0.36% 0.27% 0.15% 0.34% 0.32% 0.39% 0.41%
Over $7,943.28 on Never!!! Never!!! Never!!! Never!!! 2018-03-04 2018-03-13 2018-03-26 2018-05-09 2018-03-15 2018-03-16 2018-03-07 2018-03-05
Over $20,000.00 on Never!!! Never!!! Never!!! Never!!! 2018-09-10 2018-11-24 2019-02-26 2020-01-28 2018-12-14 2018-12-27 2018-10-31 2018-10-16
Over $100,000.00 on Never!!! Never!!! Never!!! Never!!! 2019-08-08 2020-02-11 2020-10-06 2023-01-28 2020-04-05 2020-05-08 2019-12-19 2019-11-12
Over $1,000,000.00 on Never!!! Never!!! Never!!! Never!!! 2020-11-25 2021-11-09 2023-01-25 2027-05-16 2022-02-18 2022-04-21 2021-08-03 2021-05-26

Local Bitcoin Volume Moon Math Table

Label 30-day Performance 60-day Performance 90-day Performance 2017 - Present Performance
From Date 2017-12-23 2017-11-25 2017-10-28 2016-12-31
Starting Price USD 133997865 61248490 54030549 17629542
% Change 71% 156% 177% 542%
Doubling Period in Days -75 101 114 167
Days in period 35 63 91 392
Compounding Daily Periodic Rate -0.9592% 0.7097% 0.6294% 0.4323%
Over $150,000,000 on NEVER! 2018-04-09 2018-04-17 2018-05-20
Over $316,200,000 on NEVER! 2018-07-24 2018-08-14 2018-11-09
Over $1,000,000,000 on NEVER! 2019-01-02 2019-02-14 2019-08-03
Over $100,000,000,000 on NEVER! 2020-10-15 2021-02-17 2022-07-05
Go to http://moonmath.win for the full moon math table and rainbow charts
submitted by jarederaj to BitcoinMarkets [link] [comments]

Tell this to your loved ones. The best gift you can make.

Bitcoin price will reach 5k and 10k and 100k and it won't take long.
  1. CBOE Bitcoin futures will have the same explosive effect as ETF.
  2. Hedge Funds are lining up to buy crypto in any form.
  3. ATMs are spreading faster and faster.
  4. LocalBitcoins volumes are growing constantly.
  5. Civil war ended.
  6. No UAFH/UASF fear anymore.
  7. Any fork will now be considered just as a bonus.
  8. Governments surrender and legalize cryptocurrencies one after another.
  9. Overregulated inefficient bank industry is dying. (Please continue in comments if I missed something.)
We are witnessing absolutely unique social and financial phenomenon that will change everything. One Bitcoin will cost 1 million US Dollars, but not only because everybody will want to buy it, but because nobody will be so stupid to hold fiat.
submitted by chris_eu to Bitcoin [link] [comments]

Moon Math Update: Noob DCA Strategy -- Second Edition -- Vol. 7

We're on day 38 of our DCA. There are 204 days left until you've acquired your first full position in Bitcoin.
https://www.moonmath.win

Weekend Price action

After this last weekend some of you are probably still wondering if I'm stuck on stability. Have I caught up with the times? Am I going to make things right? Am I changing my position?
Let's work through it together by stepping back and taking a look at what might have changed in our projections since acquiring these new data over the weekend.

The Rearview Mirror

https://www.tradingview.com/x/TK2OHx1E/
I'm marking periods of observed distribution with green blocks and periods of accumulation with a blue box. We haven't known it when in periods of accumulation in the past and I don't think it's possible to know when you are. Sometimes people guess and they get it right. If anybody can do that consistently then they can write a best-selling book on trading and end market instability forever.
The same is true for distribution. You can only observe the market in hindsight. So, looking at the market in these terms is extremely limited if you're trying to make projections or understand where we might be headed.
Before the weekend I thought we were in a period of accumulation. I was wrong.
You'll also notice that I moved around where we are on the daily projection. Today, the green projection matches up with February 18th, 2012. The red projection matches up with April 14th, 2015.

Changing Projections

https://www.tradingview.com/x/BzyI540p/
I changed the projections so the matched up with market bottoms that were near stable periods instead of matching up periods based on the beginning of a periods that had high stability and low RSI. The dates are close to the same, but we get nice market bottoms to match up with our current chart.

Shifting Perspective?

https://www.tradingview.com/x/JcJkZEWX/
Looking for an opportunity to shift my perspective and I'm seeing some. I had been optimistic that a period of low volatility had shot off like a rocket, and that, maybe, we'd see bullish recovery by the end of the summer. I'm less convinced of that now. In fact, I'm looking at this chart and wondering if we're going to go sideways through the end of the year. Attempting a new ATH in 2018 is probably off the table unless there's a barrage of good news that flips the market into overdrive.

Distribution and Accumulation

https://www.tradingview.com/x/k07ayBz
I've been going on about the debate between distribution and accumulation. They're effectively two sides of the coin that the market is slipping between all the time? What's the motivation of buyers and sellers? You can't really know, but there are some indicators we can use that help us guess at that broadly.

LocalBitcoins Volume

https://anacoinda.github.io/localbitcoins/all.html
Transaction volume looks incredible overall, but we're not seeing growth in North American or Central/South Asia.
Transaction volume growth is coming from Europe and Latin America; places that have distressed currencies and ubiquitous access to (mostly) stable networks.
We're not seeing a rapid influx of capital anywhere, but if you compare actual Bitcoin adoption in places that are using it, presumably for Bitcoin's intended purpose, then I think you start to see an emerging pattern.

Irrational Exuberance

There's growing irrational exuberance among bears illustrated by market descriptions of diverse use cases for Blockchain technology. It's as though the discovery of a new application of the underlying technology is automatically a candidate for a new paradigm in human experience. This is analogous to what we saw around Internet startups in 1995 - 2000. After exposing the market to nearly 1.8 trillion USD in lost value it took two and a half years to find a market bottom. The scale of Bitcoin is very different, but I think it's possible that if alts don't shake out in this market then we're headed for something much worse on a much larger scale.
Actual--real world--Blockchain usage is low while acquisition of cryptocurrencies for speculation is very high. Acquisition for speculation pushes mining infrastructure along; as we've seen. infrastructure isn't fake; it's very real. You can't fake a miner and you can't fake the electricity it's using unless you're stealing it. That economy has grown up and it will keep growing through this market, despite and because of what speculators fail to see: fundamental real world usage.
Transactions are going up, dollars are going down. You don't see things like LocalBitcoins popping up for alts because the alt market, and ICOs, are entirely composed of a group of speculators who have lost their collective minds. Thinking that Bitcoin usage in coffee shops implies is simply not appealing metric. I don't want to mess around in a project where the end game is a Venti-Mocha-Frappachino at Starbucks.

An Alternative to Corruption

Bitcoin isn't here for adoption on Wall Street. It isn't a technology that makes sharing information easier. It isn't something that's meant to overthrow Uber or create a new sharing economy. There isn't some killer application for blockchain that's going to change the economics of how software applications are developed.
Bitcoin protects people who are forced to suffer under systems where power, corruption, and incompetence control the value of money. Any other application for a blockchain I've seen isn't as significant and it doesn't qualify as part of the revolution that Bitcoin already is.
Good hunting.

Previous posts in this series

submitted by jarederaj to Bitcoin [link] [comments]

Local.bitcoin.com just hit another all time high in daily trade volume!

Local.bitcoin.com just hit another all time high in daily trade volume! submitted by MemoryDealers to btc [link] [comments]

Bitcoin is seeing very clear organic growth - by the charts!

Although exchange volumes and average value per transaction continues to be subdued, the number of transactions is approaching all time highs:
https://www.blockchain.com/charts/n-transactions
This suggests a lot of low-value transactions are happening.
If we cross reference this with LocalBitcoin volume by geography, it's clear in showing steady growth in a modest count of countries (mostly smaller economies). Generally this includes South/Central America, Some African countries, and other sporadic locations across Asia. Among developed countries, it can be said USA, South Korea, and Japan volumes are holding up relatively well (at least compared to BTC price charts).
It's hard to know why this is exactly happening since crypto news sites don't much report on these locations. But generally these countries have high inflation and low trust in institutions. This recent story is worth the read though:
https://cointelegraph.com/news/argentina-settles-export-deal-with-paraguay-using-bitcoin
This is a very good development IMO. This kind of organic growth can quickly be convincing information to larger institutional investors.
submitted by nowTHATScomedy to Bitcoin [link] [comments]

Can I access the daily BCH volume from local.bitcoin.com through their API?

submitted by Lennard_Mulder to btc [link] [comments]

Chinese CNY is about to surpass the Euro in volume traded on LOCAL.Bitcoin.com!!

Chinese CNY is about to surpass the Euro in volume traded on LOCAL.Bitcoin.com!! submitted by MemoryDealers to btc [link] [comments]

This is some chart on LocalBitcoins volumes in Venezuela. Money as a killer app for blockchain. Who knew?! https://t.co/yvNOx1ob6z - Crypto Insider Info - Whales's

Posted at: December 28, 2018 at 07:06PM
By:
This is some chart on LocalBitcoins volumes in Venezuela. Money as a killer app for blockchain. Who knew?! https://t.co/yvNOx1ob6z
Automate your Trading via Crypto Bot : http://bit.ly/2GynF9t
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

LocalBitcoins Volumes Are Dominated by Russia and Venezuela, Ne... #cryptocurrency #eth #ico Buy Bitcoin… https://t.co/n53kafzypa - Crypto Insider Info - Whales's

Posted at: October 28, 2018 at 06:37PM
By:
LocalBitcoins Volumes Are Dominated by Russia and Venezuela, Ne... #cryptocurrency #eth #ico Buy Bitcoin… https://t.co/n53kafzypa
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Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

Weekly Bitcoin Traded on LocalBitcoins #Bitcoin (BTC) Volumes in Hong Kong Soar on #LocalBitcoins Cómo ganar dinero en LocalBitcoins 2020 How To Buy/Sell Bitcoins On LocalBitcoins - YouTube The Bitcoin Chart NOBODY Is Seeing Right Now  Charles Hoskison Video Eat His Own Shoe

In the vast majority of cases, an account’s Tier is determined by its annual incoming trade and transaction volumes, i.e. how much has been credited to an account within the past 12 months including buy trades and received Bitcoin transactions. The next Tier verification is required when incoming trade and transaction volume reaches the current Tier limit. However, an account might be pushed ... Bitcoin above $11,000 but volumes are lacking. Bitcoin returns to 11,000 USD. Bitcoin back on the rise, surpassing $10,600. Ethereum: volumes exceed those of Bitcoin. Prev Next. Events. Futurism forum: a new online event about AI, Cyber and blockchain . Post Covid Hack 2020: a new online hackathon. Money2020: the events have been canceled. Zilliqa: an event to announce all the novelties of the ... Since January, however, the two exchanges’ volumes have grown by roughly 2,500% and 800%, respectively. By comparison, LocalBitcoins’ volume is down 27% over the past 12 months and up almost ... LocalBitcoins Bitcoin Volumes At An All-Time High in Argentina Amid Raging Economic Crisis Author: Jordan Lyanchev Last Updated Jun 24, 2020 @ 14:21. As the economic turmoil in Argentina continues to harm citizens and devaluate the peso, it appears that residents are turning to Bitcoin, instead. Recent data revealed that Argentinians are consistently increasing their purchases of the primary ... Venezuela continues to face serious economic problems and the citizens of the country increasingly turn to bitcoin out of necessity or despair. Thus, the famous bitcoin peer-to-peer exchange platform, LocalBitcoins, has reached record trading volumes in the country, while the national currency’s hyperinflation rate has reached an astronomical 10,000,000%.

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Weekly Bitcoin Traded on LocalBitcoins

Trading bitcoins on LocalBitcoins in several countries. How has Bitcoin's popularity on LocalBitcoins been growing in the last 5 years? Local Bitcoins volume... LOCALBITCOINS COMO FUNCIONA - TRUCOS - VENDER COMPRAR INTERCAMBIAR - LOCAL BITCOIN 2018 WALLE - Duration: 24:47. CRIPTO IDEAS 22,114 views. 24:47. AirTM: Remesas a Venezuela, Trading y mucho mas ... However, the site abandoned Magic and became a bitcoin exchange, quickly growing to handle 60% of the bitcoin exchange volume, as of August 2013. It was established in 2010. Originally founded by ... This week in Bitcoin- 10-4-2019- Bitcoin TINA- BTC price is important, stupid trading games, gold - Duration: 1:30:21. BitcoinMeister Recommended for you 1:30:21 This video is unavailable. Watch Queue Queue. Watch Queue

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