We always look at Bitcoin in the same way every day. TODAY, I have 3 new Bitcoin charts that will give you a different way to analyze and think about this big cryptocurrency.
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More chart farts from a crypto sand pounder? Bitcoin is down by over 50% from it's high on December 17, 2017!
It's just languishing between $9,000 and $10,000 and probably stay there for awhile until the snowflakes and 🐑 people and Muppets realize that bitcoin will ultimately end up going in a downward trajectory?
I wouldn't say that NO ONE talks about them.... Tone Vays shows the weekly chart regularly. Venture Coinist has shown that log chart with the channel on CNBC Crypto Trader and also shows it pretty regularly on his youtube channel.
But yes. Great charts to keep things in perspective.
this is why i tune in to you! your logic and sensible approaches calms me as a crpyto investor...and gave me great insight to utilize man.. you are a treasure on YouTube especially when the mainstream doubts cryptos stregth during bear times you bring a whole diffrent way to look at things 🙌🏿
talk about looking at glass half full 😏
???? who are you talking to ???? no one thinks looking at the increase decrease in price $, they look at %+ and %-. Unless this video is directed at kids under 6 year old, your just complicating a simple process.Also your "channel" to $60,000 BTC is a total bollocks, you should start the channel from 2015 Q1, that would show it increasing to around $14000 in your "tunnel". Your not accounting for Mount Gox, Satoshis, and Bitconnects BTC being dumped back into the market. Not fud just fact.
Putting aside the way you wrote this comment, which is written in an... interesting way, I'm curious to see the chart in the way you are attempting to describe it. If you are trying to explain a better way to analyze the logarithmic bitcoin chart, I'm very curious to see it. Do you have a screenshot or a video that could explain to me in greater detail what you're failing to share?
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.