Category Archives: Cryptocurrency Analysis

What is Cryptocurrency Market Depth?

No Comments 7 Views0

What is Cryptocurrency Market Depth 00

When we choose a platform for cryptocurrency trading, the first thing we need to consider is the security and market depth. Generally speaking, the top trading platforms in the world can meet all the two features, namely good security and market depth.

Needless to say, the security is easy to understand. How about the market depth? How to measure the market depth? Let’s have a discussion on it in this article.

Continue reading

Top 10 Risks All the Newbies Should Know Before Holding Cryptocurrency Assets

No Comments 85 Views1

Top 10 Risks All the Newbies Should Know IMG 00

Since its birth in 2009, the price of bitcoin has gone from scratch to a few cents and even as high as US$20,000. The astonishing increase has not only made many early investors earn a lot of money, but also attracted thousands of latecomers to “follow up”.

Under the influence of slogans such as “To Da Moon” and “one coin for one villa”, many “followers” have completely lost their sanity and forgot the advice of “Investment is risky”. Driven by the FOMO (fear of missing out) psychology, they rushed into the cryptocurrency market. Once the bear market came, they were “given a good beating” in the market.

Continue reading

Launching an Hour of 51% Attack on Bitcoin with US$700,00? Illusion!

No Comments 110 Views0

Launching an Hour of 51 Attack on Bitcoin Illusion IMG 00

The news about 51% attack on bitcoin with US$760,000 was widely spread on the network, and some well-known currencies such as ETH, BCH and BSV had all become the targets. It seems that the cost of launching a 51% attack is far less than our imagination. Many “smart guys” quickly came up with the idea of launching a 51% attack on bitcoin to get profits in the futures market. Unfortunately, they are just daydreaming.

Continue reading

51% Attack, the Doom of POW Cryptocurrency and ASIC Miners?

No Comments 124 Views0

51 Attack the Doom of POW and Miners IMG 00

As the pioneer of bitcoin, POW (Proof of Work) is widely regarded as a solution integrating security, decentralization and fairness in the consensus mechanism. The stable operation of bitcoin network for nearly decade is the best example.

The only way against POW mechanism is the 51% attack —- when certain attacker controls more than 51% of all the hashrate, he can generate the longest chain singlehanded —- the attacker can make hard fork with double-spending attack anytime. It is easy to see that such an attack demands big price from the attacker, so it only theoretically exists on paper until May 2018.

Continue reading

How Secure is Your Bitcoin?

1 Comment 121 Views0

How Secure is Your Bitcoin IMG 00

Even in the bear market of 2018, the bitcoin prices have fallen by about 85% from the peak, however, the bitcoin is still worth about US $3,000 in the market. Therefore, all the investors must be very concerned about the security of bitcoin.

So, is bitcoin safe? In other words, can hackers easily steal the bitcoin away from the wallet?

Continue reading

To Mine or to Invest regularly in Cryptocurrencies?

No Comments 125 Views0

To Mine or to Invest regularly in Cryptocurrencies IMG 00

After the bear market in the 2018-2019, the bitcoin price has returned to around US$10,000. As this transaction volume continues to increase, the bear market cycle of bitcoin has been completely reversed. At the same time, with the impacts of bitcoin halving, access of mainstream institutions and the application of blockchain development, the entire cryptocurrency market tends to be optimistic and more industry-related benefits are being brewed.

Although it’s hard to predict when the super bull market will come in which the price will increase several times within a year, the reversal of trend has provided a very positive signal for our long-term investors: it’s time to get rid of the bear market thinking and be bolder to purchase and store coins.

Continue reading

Ways of Cryptocurrency Investing and Financing

1 Comment 120 Views0

Ways of Cryptocurrency Investing and Financing IMG 00

Just as we have discussed before that from the view of bitcoin address, the proportion of long-term holders are still increasing. Then, for those who choose to hold the coins for a long term, what are the methods to “make profits with coin storage” under the premise of security? Since some mining workers always asked similar questions, we will put into our discussion today.

Continue reading

  • Page 1 of 4
  • 1
  • 2
  • 3
  • 4