There are so many benefits to using a cryptocurrency, that it would seem foolish to neglect such an invention. For example, it allows you to send money anywhere in the world in an instant, with basically no fees involved. Everyone can be included in the financial system, it will change the way we interact with money, it can prevent fraud, and much more.
Friday, March 26, 2021
Bitcoin – The Latest Tool to Manage Earnings - New Constructs
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US Court orders British man to pay more than $571 million over bitcoin fraud
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There's Zero Chance of Bitcoin Being Replaced Says Saylor | Headlines | News | CoinMarketCap
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Bitcoin Cash App Service ☎️ ™+ 【(808)↚800‒8304 】 ®༻꧂ Bitcoin Cash App Service Phone ...
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Miami Heat to play in FTX Arena after county approves $135M deal with crypto exchange
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Inflation Speculation Amidst Bitcoin Scarcity
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Coinbase to open a branch in India amid speculations around a cryptocurrency ban | TechGig
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#Bitcoin π is inevitable
Submitted March 26, 2021 at 03:00PM by ICOffender https://ift.tt/3fjhDJE https://ift.tt/2Z7cX2s
Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
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Why Bitcoin Is a Better Risk Bet Than a Stack of Penny Stocks
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Will CBDCs threaten cryptocurrencies? | Headlines | News | CoinMarketCap
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What happens to Bitcoin when options expire each month (Data from 2018-2021).
I was at this thread the other day "This is what happens to Bitcoin when options expires each month," and was curious what it looked it since late 2017-2021. I was curious if there were any patterns in between the BTC Futures' Expiration dates. Bear with me on this (pun intended). This is my first time using a chart. I just needed a line to mark the BTC Futures Expiration Dates (BTCFED).
Jan 2018- Dec 2018
2018 BTC Future Expiration Dates & Chart (Trading View) [1]
The chart above showcases the BTCFED indicated by the blue lines. The schedule below is a schedule listing BTC's price 3-7 days before and after the BTCFED. I wanted to examine if there are any patterns of movements pivoting to each BTCFED numerically. The movements are highlighted with their 'Gain' or 'Loss.' Limitation on this findings is that I did not define the significance of the movements.
BTC Price: 3, 7 Days Before and After BTCFED (2018) [2]
The basic findings for the 2018 figures were:
- 7 Days Before BTCFED: 7/12 times: Loss
- 3 Days Before BTCFED: 7/12 times: Loss.
- 3 Days After BTCFED: 7/12 times: Gain.
- 7 Days After BTCFED: 7/12 times: Loss.
Jan 2019- Dec 2019
2019 BTC Future Expiration Dates & Chart (Trading View) [1]
The above showcases the 2019 BTC Chart, and the BTCFED markings. The schedule below shows the BTC pricing for 2019, and the 3-7 Days of before and after the BTCFED to examine the movement patterns.
BTC Price: 3, 7 Days Before and After BTCFED (2019) [2]
The basic findings for the 2019 figures were:
- 7 Days Before BTCFED: 6/12 times: Gain/Loss
- 3 Days Before BTCFED: 7/12 times: Loss.
- 3 Days After BTCFED: 6/12 times: Gain/Loss
- 7 Days After BTCFED: 6/12 times: Gain/Loss.
Jan 2020- Dec 2020
2020 BTC Future Expiration Dates & Chart (Trading View) [1]
The above is the chart for 2020. There are massive jumps if I compile 2020 and 2021 together. This allows us to see slightly better patterns. It may not be clear but because the jump went from USD 5,900+ to 28,000+ USD in a year. The schedule below is the BTC pricing for 2020;
BTC Price: 3, 7 Days Before and After BTCFED (2020) [2]
BTC Price: 3, 7 Days Before and After BTCFED (2021) [2]
The basic findings for the 2020 figures were:
- 7 Days Before BTCFED: 7/12 times: Gain.
- 3 Days Before BTCFED: 6/12 times: Gain/Loss.
- 3 Days After BTCFED: 8/12 times: Gain
- 7 Days After BTCFED: 11/1 times: Gain.
Jan 2021- Mar 2021
2020 BTC Future Expiration Dates & Chart (Trading View) [1]
I've included the 2021 chart YTD, and the future BTCFED. More information on it can be retrieved from Reference #1 (Barchart).
BTC Price: 3, 7 Days Before and After BTCFED (2021) [2]
Findings for 2021 Schedule feels a bit inconclusive right now, but-
- 7 Days Before BTCFED: 3/3 times: Loss.
- 3 Days Before BTCFED: 3/3 times: Loss.
- 3 Days After BTCFED: 1/2 times: Gain/Loss.
- 7 Days After BTCFED: 2/2 times: Gain.
Interpretation:
Well, I honestly don't know how to conclude this study- but if we compile the available data from all BTCFED, and BTC Prices 3-7 days before and after; this is what we get;
- 7 Days Before BTCFED: 20: Loss / 18 Gains
- 3 Days Before BTCFED: 22 Loss / 16 Gains
- 3 Days After BTCFED: 16 Loss / 22 Gains
- 7 Days After BTCFED: 14 Loss / 24 Gains
I leave the rest of the interpretation up to you guys. I was searching for 'Max Pain Point,' all I've got so far was on the March 2021 data, nothing from the previous years. Maybe someone with a bit more qualitative experience could carry forward on the same topic.
Disclaimer: I have no experience reading/plotting graphs/charts. Might probably learn it soon- but one thing for sure, I'm interested to learn more about crypto. & as I post this, it's 5AM here in Southeast Asia, but seeing a lot of 'RemindMe!' made me kind of eager to put this out and see where it goes. The data I've gathered were from 2 references, as below.
Reference:
[1] Barchart, Dates of BTC Futures Expiration Dates:
Source: https://www.barchart.com/futures/quotes/BTH21/historical-prices
[2] Coindesk, Bitcoin Price (Dec, 2017-Mar, 2021)
Source: https://www.coindesk.com/price/bitcoin
Submitted March 26, 2021 at 04:11PM by the_far_yard https://ift.tt/3fosqCl https://ift.tt/2Z7cX2s
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Daily Discussion - March 27, 2021 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Behave with civility and politeness. Do not use offensive, racist or homophobic language.
- Comments will be sorted by newest first.
Useful Links:
Submitted March 26, 2021 at 07:00PM by AutoModerator https://ift.tt/3d7L4eR https://ift.tt/2Z7cX2s
from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/2QJD38o
via IFTTT
Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
from Google Alert - Bitcoin https://ift.tt/3svMNRB
Why Bitcoin Is a Better Risk Bet Than a Stack of Penny Stocks
from Google Alert - Bitcoin https://ift.tt/3rt1GCK
Will CBDCs threaten cryptocurrencies? | Headlines | News | CoinMarketCap
from #Bitcoinmovement https://ift.tt/3srys8P
via IFTTT
What happens to Bitcoin when options expire each month (Data from 2018-2021).
I was at this thread the other day "This is what happens to Bitcoin when options expires each month," and was curious what it looked it since late 2017-2021. I was curious if there were any patterns in between the BTC Futures' Expiration dates. Bear with me on this (pun intended). This is my first time using a chart. I just needed a line to mark the BTC Futures Expiration Dates (BTCFED).
Jan 2018- Dec 2018
2018 BTC Future Expiration Dates & Chart (Trading View) [1]
The chart above showcases the BTCFED indicated by the blue lines. The schedule below is a schedule listing BTC's price 3-7 days before and after the BTCFED. I wanted to examine if there are any patterns of movements pivoting to each BTCFED numerically. The movements are highlighted with their 'Gain' or 'Loss.' Limitation on this findings is that I did not define the significance of the movements.
BTC Price: 3, 7 Days Before and After BTCFED (2018) [2]
The basic findings for the 2018 figures were:
- 7 Days Before BTCFED: 7/12 times: Loss
- 3 Days Before BTCFED: 7/12 times: Loss.
- 3 Days After BTCFED: 7/12 times: Gain.
- 7 Days After BTCFED: 7/12 times: Loss.
Jan 2019- Dec 2019
2019 BTC Future Expiration Dates & Chart (Trading View) [1]
The above showcases the 2019 BTC Chart, and the BTCFED markings. The schedule below shows the BTC pricing for 2019, and the 3-7 Days of before and after the BTCFED to examine the movement patterns.
BTC Price: 3, 7 Days Before and After BTCFED (2019) [2]
The basic findings for the 2019 figures were:
- 7 Days Before BTCFED: 6/12 times: Gain/Loss
- 3 Days Before BTCFED: 7/12 times: Loss.
- 3 Days After BTCFED: 6/12 times: Gain/Loss
- 7 Days After BTCFED: 6/12 times: Gain/Loss.
Jan 2020- Dec 2020
2020 BTC Future Expiration Dates & Chart (Trading View) [1]
The above is the chart for 2020. There are massive jumps if I compile 2020 and 2021 together. This allows us to see slightly better patterns. It may not be clear but because the jump went from USD 5,900+ to 28,000+ USD in a year. The schedule below is the BTC pricing for 2020;
BTC Price: 3, 7 Days Before and After BTCFED (2020) [2]
BTC Price: 3, 7 Days Before and After BTCFED (2021) [2]
The basic findings for the 2020 figures were:
- 7 Days Before BTCFED: 7/12 times: Gain.
- 3 Days Before BTCFED: 6/12 times: Gain/Loss.
- 3 Days After BTCFED: 8/12 times: Gain
- 7 Days After BTCFED: 11/1 times: Gain.
Jan 2021- Mar 2021
2020 BTC Future Expiration Dates & Chart (Trading View) [1]
I've included the 2021 chart YTD, and the future BTCFED. More information on it can be retrieved from Reference #1 (Barchart).
BTC Price: 3, 7 Days Before and After BTCFED (2021) [2]
Findings for 2021 Schedule feels a bit inconclusive right now, but-
- 7 Days Before BTCFED: 3/3 times: Loss.
- 3 Days Before BTCFED: 3/3 times: Loss.
- 3 Days After BTCFED: 1/2 times: Gain/Loss.
- 7 Days After BTCFED: 2/2 times: Gain.
Interpretation:
Well, I honestly don't know how to conclude this study- but if we compile the available data from all BTCFED, and BTC Prices 3-7 days before and after; this is what we get;
- 7 Days Before BTCFED: 20: Loss / 18 Gains
- 3 Days Before BTCFED: 22 Loss / 16 Gains
- 3 Days After BTCFED: 16 Loss / 22 Gains
- 7 Days After BTCFED: 14 Loss / 24 Gains
I leave the rest of the interpretation up to you guys. I was searching for 'Max Pain Point,' all I've got so far was on the March 2021 data, nothing from the previous years. Maybe someone with a bit more qualitative experience could carry forward on the same topic.
Disclaimer: I have no experience reading/plotting graphs/charts. Might probably learn it soon- but one thing for sure, I'm interested to learn more about crypto. & as I post this, it's 5AM here in Southeast Asia, but seeing a lot of 'RemindMe!' made me kind of eager to put this out and see where it goes. The data I've gathered were from 2 references, as below.
Reference:
[1] Barchart, Dates of BTC Futures Expiration Dates:
Source: https://www.barchart.com/futures/quotes/BTH21/historical-prices
[2] Coindesk, Bitcoin Price (Dec, 2017-Mar, 2021)
Source: https://www.coindesk.com/price/bitcoin
Submitted March 26, 2021 at 04:11PM by the_far_yard https://ift.tt/3fosqCl https://ift.tt/2Z7cX2s
Daily Discussion - March 27, 2021 (GMT+0)
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.
Disclaimer:
Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.
Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.
Rules:
- All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
- Discussion topics must be related to cryptocurrency.
- Behave with civility and politeness. Do not use offensive, racist or homophobic language.
- Comments will be sorted by newest first.
Useful Links:
Submitted March 26, 2021 at 07:00PM by AutoModerator https://ift.tt/3d7L4eR https://ift.tt/2Z7cX2s
Thursday, March 25, 2021
US Bitcoin Exchanges See No Major Uptick in Stimulus-Related Buying
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Bitcoin Blindsided by Ban Warning from Dalio, BTC Near Key Support
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