9.9 evening market: Has BTC stabilized at 10,000 points this time?

The article is contributed by Biquan Beiming, the columnist of Jinse Finance and Economics, and his remarks only represent his personal views, and are only for learning and exchange! Golden Disk will not actively provide any transaction guidance, nor will it charge any fees to guide transactions. Readers are requested to carefully screen and beware of being fooled.

The breakout trend that was thought yesterday did not come so soon. At 6 o’clock this morning, a 5-minute K-line of BTC violently rose by 3%, and the subsequent daytime trend showed a volatile upward trend. Has the trend started to move? I don’t think so. Now it’s just magnifying the level of the sideways decline. We should be careful when the price moves to the ups and downs of yesterday’s negative line again, and then breaks the bottom when the upside is weak. We will watch it then.

ConsenSys: Ethereum's transition from PoW to PoS consensus will reduce carbon footprint by 99.9%: On November 10th, ConsenSys pointed out in the blog post "Staking Status in October 2021" that the Ethereum consensus mechanism will change from PoW to PoS. This reduces the carbon footprint of block output by 99.9%. [2021/11/10 21:41:06]

The current trend of BTC belongs to the weak recovery after the sharp drop. After all, the mainstream currency has a limited amplitude and not much meat. Short-term opportunities have to find active-ethexc varieties with large fluctuations and operate near the low point of BTC. The short-term pressure level is 10280-10350, and the short-term support level is around 10000 points.

Data: Bitcoin miner revenue hits 5-month low to 29.956 BTC: Data from on-chain analytics firm Glassnode shows Bitcoin miner revenue hit a 5-month low to 29.956 BTC. The number of addresses holding 100+ BTC has been on the rise, reaching 16,159. [2020/10/20]

Voice | Chen Weixing: 99.9% of companies and projects are just issuing and speculating coins: Fancheng Capital Chen Weixing posted on Weibo that the current currency circle is opaque and unsupervised, basically a den of scammers. There is a dearth of responsible entrepreneurs. Even Li Shou who lied to this kind of people from private equity crowdfunding, equity crowdfunding to P2P fundraising all the way to A money, tried to cut off the coins he participated in and cut off from the exchange he controlled. An industry that is not as good as it is. ​​​​​​

Blockchain is a transparent, programmable, and non-tamperable database, which is used to design various algorithms to solve the problem of fairness and transparency in the cooperation and sharing of interests between people. Now in the industry, 99.9% of the companies and projects do not design any algorithms on the blockchain at all, but only issue and speculate on coins. Therefore, this crook does not blame the blockchain as a database, but just uses the name of the blockchain. ​​​​[2019/8/26]

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Author: Biquan Beiming

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