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7TH DAY & WEEKLY CRYPTO MARKET UPDATE (AUG 21ST – AUG 28TH 2018): 2 Projects To Buy This Week. [IS BCH A TRUE BTC?]]

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7TH DAY & WEEKLY CRYPTO MARKET UPDATE (AUG 21ST – AUG 28TH 2018)

Welcome to the crypto Data and analytics blog. Let’s do this together.

 

I have had to answer so many questions about potential projects that are up trending and down trending, so, I believe, I can use this opportunity and address some questions just as they were.

So, today, I want to bring to you a quick 7th day & weekly crypto market update.

 

Full Disclosure: Please note that the suggestions here might hold today, tomorrow and till 28th August, and also, it might not.

Be it as it may, this quick hack is based on the current market as of before till August 2018.


 

Before we begin, let me take you round…
You may not be told, but if you are a crypto beginner, always go here first.

 

CRYPTO INVEST

If you want to invest in top Crypto/Blockchain projects, never fail to see this guaranteed investment failure path. Again, you want to see the best qualities of the best crypto exchange suited for you + pro traders working tools for trading success.

 

CRYPTO FEAR

Should you want to overcome fear and buy bitcoin on your own, then see this, and see the recommended safe places to buy crypto/blockchain projects in your country.

 

CRYPTO MOTIVATION

Anytime you are bored, see these 7 Bitcoin/Blockchain Billionaires that will motivate you, and also, see if your country is among the top 35 Crypto/Blockchain friendly countries by ranking.

 

SCAM REPORT

If you want to be hacked or scammed, see how I was scammed and what lead to this site, and see how Cody Brown was hacked wherefore he lost $8,000 cryptocurrencies.

 

CRYPTO RECOMMENDATION(s)

Starting an online projects like a website or whatever blog can be daunting as I was taunted unless you use a reputable and ANYTIME back one guaranteed service. If you want the best, I recommend A2hosting always.

 

Before Reads:

How to be a successful cryptocurrency investor/trader in 35 steps; based on experts recommendations

25 questions on how to be a good crypto investor and divide your portfolio sparingly in 2018

5 definitive reasons Bitcoin & Stellar are scams: the Bitcoin Atheists vs the Theists. The summer slam is here!


 

Memories

I did this in the first edition, so, you might want to check it out.

Day & weekly crypto market update (July 31st – August 2018): 3 must buy.

Top 7 Active Cryptocurrencies for August 2018

 

7TH DAY & WEEKLY CRYPTO MARKET UPDATE (AUG 21ST – AUG 28TH 2018): 2/2

 

WINNERS/GAINERS

 

Coins

 

Initial Trade Price

 

New Trade Price

 

Difference (%)

 

Buy Projects

 

Trade Projects

 

VeChainThor (VET)

 

$0.009 USD

 

$0.01 USD

 

+102.35%

 

VeChainThor

 

Trade VeChainThor

 

Lisk (LSK)

 

$3.3 USD

 

$3.9 USD

 

+38.53%

 

Buy Lisk

 

Trade Lisk

 

LOSER/BEARS

Coin

Initial Trade Price

New Trade Price

Difference (%)

ZCash (ZEC)

$156.9 USD

$145 USD

-1.15%

Tether (USDT)

$1 USD

$0.9 USD

-0.49%

Note: (Analytics as of the time of writing). 

 

DATA ANALYTICS

 

 1. VECHAINTHOR 

Even before the SEC says yes or no to the ETFs, VeChain had to pop the campaign of bullishness after a successful partnership with PWC.

What is PWC? I will explain.

To get the full detail of with Genesis of this analytics, you want to see the all the top 30 Blockchain projects going to the moon. From there, you will see what PWC is in detail.

Nevertheless, I will explain a little bit.

 

ANALYTICS 3/1

PWC stands for Pricewaterhousecoopers. PWC is a partner of Vechain asset.

According to a report by Coininsider.com, the startup acquired shares in the cryptocurrency company in order to seek an integration in systems.

 

Why the Story Seems True?

At the time of the partnership, PwC Chairman Raymund Chao expressed his excitement at the prospect of the move and suggested that the deal would be a strategic one, which he imagined would provide a fresh sense of creativity into the professional services.

 

THE EFFECT OF PWC ON VECHAIN

Since the deal was struck in May of this year, VeChain has seen to expand its network and offer its services across the globe, as well as gaining local awareness.

The government of China, for example, has reached to VeChain to develop a tracking system to keep tabs on the movements of vaccine solutions within the country.

And of course the big one; The China-based cryptocurrency company has seen a massive price spike, seeing its value shoot up by over 50% overnight and analysts are attributing it to clever partnerships.

 

ANALYTICS 3/2

It is also believed that the impending listing of VeChain on Coinbase has contributed to the spike.

Why not?

If an asset is believed to be a potential Coinbase cruiser, it will surge even though it is 2 minutes.

We saw this with Ethereum Classic and others (ETH, LTC, & BCH), so, the question of whether it will surge, that is not the question,

The question should be, do you want to Hold or trade it when it surges?

 

WEEKLY CRYPTO MARKET UPDATE

 

ANALYTICS 3/3

Another reason that might have led to the surged Vechain project is the VeChain’s X Node binding service.

You might be glad to know that the VeChain’s X Node binding service has closed, and the VET token swap service in the VeChainThor mobile wallet has been initiated.

The company also announced in a blog post recently that it has been tasked with developing a Drug and Vaccine Traceability solution in China by 2020.

The solution is being developed and tested in Shanghai in collaboration with DNV GL, and it will soon be implemented across the entire country.

Owing to its comeback, the cryptocurrency has achieved a market capitalization of $800 million, and ranks 19th on CoinMarketCap.

So, having seen that this is a valuable coin, what will you do with it? Buy or Trade?

 

2. LISK (LSK) 

I have always wanted to do a deep research on this coin. And now, its cup is filled. Let’s see why.

LSK prices grew possibly because of the release of its new command interface feature. And what is that?

This is the new command line interface, which is to be integrated with the upcoming Lisk Core 1.0.

As was expected, the announcement was well received among the community, especially given how soon it comes after Lisk Elements (the overhauled JavaScript library).

While on the surface, this is not a big deal, but on the outer court, the community does not think so, and which of course, led to the mooing of the coin.

In fact, given the predominantly negative market sentiment. While there was a bit of a stall, in the hours following it, heavy selling continued.

If we were to visualize the dynamics, it’s better to look at the weekly chart:

 

WEEKLY CRYPTO MARKET UPDATE

 

Take Home Point

Last years’ July range seems like the next support to be found, but it is quite wide for some traders’ preference.

The bottom is around $1.24-$1.25, while the top side is just above $2.00.

If LSK enters this realm, price action is likely to be choppy – CryptoVest.com

 

WEEKLY CRYPTO MARKET UPDATE

 

LOSERS ANALYTICS

If you fall today, you will rise tomorrow. And that quote is for ZCash and USDT.

ZCASH

ZEC took a downturn after a vexed issue that the optional privacy on its protocol has been shown to reveal users transactions.

ZCash has recently faced a number of issues that the fall is not surprising.

 

For instance, (analytics as at 15th August, 2018)

The most recent protocol upgrade to the ZEC protocol was a hard fork dubbed “Overwinter,” which went live on June 26th.

The fork enhances transaction efficiency and scalability for shielded addresses.

Before the hard fork occurred, the sole maintainer of the Windows ZEC wallet, David Mercer, issued a statement in a plea for funding to the Zcash company and threatened to contentiously fork ZEC and start a separate project if he was not adequately paid.

The Zcash company obliged and a crisis was averted.

The next upgrade, “Sapling,” will increase scalability and privacy and is set for release in October.

 

USDT

There has been a Continuous controversies regarding Tether’s 50-million USDT prints.

Up till now, I have not considered why the sudden 50-million USDT Prints. However, I know what is for sure.

This is it.

Anything that is in abundance loses value in a like manner. Who know The Billion Coin?

And without mixing words, the 50-miilin USDT prints has also resulted in a mild decrease in USDT prices.

 

However, since USDT is a great coin, I think, it might go back to it’s good place, maybe.  (comfortably at $1)

 

Do you like this Weekly Crypto vs Overall Data Analytics?

You won't believe it but I will send you the next one, and also the current Blockchain Projects for September, 2018. 

If you join now, I will have the chance to transfer you to the list. Else, that will be in November, 2018.

Join below if you want it now!

 

 

COINS OF THE WEEK 

VeChainThor 

 
Circulating Supply:
55,454,734,800

BUY VET >

LISK


Circulating Supply:
109,276,974

BUY LISK >

 

HOW TO WIN AND NOT LOSE OUT

First Hack

To win and not lose out is holding these coins for long term. And if you are in for a short term, then, you want to trade with them.

You can go ahead and trade them if you know the antics of crypto trading.

 

Second Hack

This is for those that have no insight about crypto trading but want to make profits out of it.

The truth is that you don’t have to know everything in crypto to get results.

As far as you want to pay the price to get what you want, then, you can get it.

And the price here is that this method is not free even though you can try it out for free.

 

THE HACK?

Automating Crypto Trading.

This means that you don’t have much to do. Here, the whole work is on the shoulders of the system designed to help you out.

Two of the places you might want to visit are Cryptoblizz and CryptoHopper.

If you go for CryptoHopper, you can sign up for a free trial using this link.

And for Cryptoblizz, it is productive with advanced options. See more about Cryptoblizz/system.

 

WINING TOOLS

I spent days to do this for you…what?

Have you gotten your Professional Crypto Analytics tools to use in 2018? If no, which would you prefer, the 70% or the 100% success?

If the 70%, go this way, and if the 100%, go this way.

 

WHY BITCOIN IS SECOND TO NONE!

I have been asked this question, so, let me execute it with the USDT factor. To have a full insight, see this.

This is simple.

Bitcoin cannot be second to none because it is not as abundance as other blockchain projects we know.

And with a greater advantage as the first cryptocurrency, there is no way any other coin will overtake it.

Should I say NEVER, EVER? No. I won’t.

However, the potentials which were Ethereum and Bitcoin Cash have found their solaces.

 

About Bitcoin Cash,

let’s get some data analytics about it.

The offshoot of the digital coin, known as Bitcoin Cash, is barely being used in commerce, according to Blockchain analytics firm Chainalysis.

A review of payments received by the world’s 17 largest crypto merchant processing services, such as BitPay, Coinify and GoCoin, found that Bitcoin Cash payments slumped to $3.7 million in May from a high of $10.5 million in March – Bloomberg.com

 

“There are fewer users of Bitcoin Cash, fewer holders,” Kim Grauer, senior economist at Chainalysis, said in a phone interview.

Bitcoin Cash split from Bitcoin a year ago.

Ver switched allegiance to Bitcoin Cash, invested in it, and overhauled his Bitcoin.com site to focus on the cryptocurrency. Advocates of each have been trading barbs on Twitter, Reddit and other forums ever since, and even engaged in the recent debate over ownership of Bitcoin.org.

Ver didn’t immediately respond to a request for comment.

Adoption in commerce has been low, partly the result of concentrated ownership, Grauer said.

About 56 percent of Bitcoin Cash is controlled by 67 wallets not located on exchanges, according to Chainalysis.

Of those, two wallets hold between 10,000 and 100,000 Bitcoin Cash. And chances are, the wealthiest holders are the ones sending a lot of the traffic to merchant services, Grauer said.

 

Wait a minute!!!

I am not in any way siding any coin, but the question is, is Bitcoin Cash a real Bitcoin or Bitcoin Cash is a vague coin?

Pls tweet..

 

Is Bitcoin Cash a real Bitcoin or Bitcoin Cash is a vague coin? Click To Tweet

 

Let me know what you think below, and let me know what your take on this analytics is.

 

Disclosure: this info is for educational purpose, and has nothing to do with iwillteachucrypto.com

Ref codes: Coindirect.com newsbtc.com coininsider.com cryptovest.com  bravenewcoin.com  Bloomberg.com

 

3 thoughts on “7TH DAY & WEEKLY CRYPTO MARKET UPDATE (AUG 21ST – AUG 28TH 2018): 2 Projects To Buy This Week. [IS BCH A TRUE BTC?]]”

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