October 1, 2026

Capitalizations Index – B ∞/21M

BITCOIN : Do you want to sell?

Bitcoin : do you want to sell?

BITCOIN : Do you want to sell?

Bitcoin : do you want to sell?

BTCUSD            
Correction / rebound time (up) after a given pulse? Maybe it seems to me that we will reach the level of 50% of the impulse, this is ~ $ 3000. It is likely that the descent to $ 1900 (90% of the correction for all the time) and then many will leave the market, blood will flow and uncles with large capital will surely pick it all up. Why this can happen, this market is a trendy one and we see its global potential upwards, but we need to realize that, together with its volatility , it can show us the fall of 90-99% of ATH             (all time high). For any asset during the fall of its market segment, some correction is achieved and 90% from the highest point, as some altcoins did. Therefore, there is a probability of falling to levels below $ 2000. bitcoin             can show you +10000%, but also happens in the opposite direction.
Over the past 10 months, there has been a decrease in correctional waves after the biggest one – January-February 2018. And after an exhaustive flat, we saw an increased impulse, which is likely to become the strongest in the last year.
How long have you heard about the global financial crisis? Yes, more than 10 years have passed since 2008 (the average complexity of world crises is about 8 years). World indices probably finished the growth cycle and began to fall. In general, the classic picture. The bubble should burst and begin to conquer new peaks again. What will happen to cryptocurrency at this time? Market capitalisation is small relative to other financial markets. In a panic, the bulk of people take the money invested from assets. Literate people at this time begin to invest and buy when blood flows through the streets.
Think about it all carefully, I do not agitate you to think like me, but you need to take into account the factors and draw conclusions from them. Opinions change. I really respect your support, you can express it with your like, repost, comment and subscription. Thank, good luck!

Published at Sun, 25 Nov 2018 13:28:37 +0000

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Here’s How SonoCoin Is Trying To Use Sound To Transfer Value

Companies are rushing to try and make peer to peer, blockchain based value transfer quicker and simpler right now and this company thinks it’s been able to do just that.


bitcoin just broke through a major resistance level and interest in the space has never been higher. Companies of all shapes and sizes are popping up, looking to take advantage of the rush to develop and establish the blockchain-centric infrastructure that’s going to serve as the foundation for technological advance for many years to come and many of these are conducting ICOs to try and pick up funding. The ICO space, however, and likely as a direct result of the above statement, is pretty crowded right now and a company that wants to stand out and – in turn – to attract investor capital through an initial offering has to serve up something unique. Reports have just hit press that a company called SonoCoin is about to launch its efforts to do just that and, at a glance, the company looks as though it certainly checks the ‘unique offering’ box.

SonoCoin has developed a blockchain based peer-to-peer value transfer system that uses a digitally encrypted audio file as its transfer token. In contrast to bitcoin, which uses a Proof-of-Work (PoW) protocol, SonoCoin uses a Proof-of-Stake (PoS) protocol to verify transactions and, again unlike bitcoin, the exchange token can be sent via any means through which a standard data/audio file can be sent – email, messenger application, etc.

So how does it work?

The company has developed an algorithm that takes a transaction hash, a secret key and the index (which is defined as the number of outputs when the coin was formed) and converts it into a .wav file.

This file can then be sent from one device to another (basically, so long as the devices have a microphone and a speaker that can emit, recognize and interpret sound, which pretty much all mobile devices do right now) and, on receipt, an application (which is already available for some devices) specifically designed to interpret these SonoCoin sound files will record and register the transaction.

And why is this news now?

The company is currently conducting a presale of its tokens and intends to move into the second phase of this presale on December 14, at the end of next week. During phase one and phase two (phase one has been active since this time last week), a total of 30 million coins will be issued. Subsequent to the presale, 40 million coins will be issued as part of the full ICO.

How successful the ICO will be remains to be seen but the assumption is that, post-completion, SonoCoin will look to pick up a listing for its coins on the major exchanges in the space – Bittrex, Poloniex, etc. and it’s at that point that we’ll really get an idea of the market appetite for this sort of alternative-format type value transfer.

Here’s the company’s Whitepaper for anyone looking to get a better idea of how SonoCoin works.

What do you think of this sort of application of blockchain technology? Will the ability to transfer value via sound files aid mainstream adoption of algorithm-based peer-to-peer transactions? Let us know in the comments section below!


Image courtesy of Tess Watson via Flickr

The post Here’s How SonoCoin Is Trying To Use Sound To Transfer Value appeared first on Bitcoinist.com.