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CryptoMaps: Cryptocurrency Market State

cryptomaps.org

11–20 of 34 posts

Re: CryptoMaps: Cryptocurrency Market State

#11
Cool heatmap for cryptocurrencies. I always wonder why don't most exchanges offer this.

That said, this reinforces one thought process - most if not all coins, for whatever innovation they are doing move in tandem with bitcoin. BTC is down? Most will go down. BTC is up? Most will go up too.

Re: CryptoMaps: Cryptocurrency Market State

#12

Cool heatmap for cryptocurrencies. I always wonder why don't most exchanges offer this. That said, this reinforces one thought process - most if not all coins, for whatever innovation they are doing move in tandem with bitcoin. BTC is down? Most will go down. BTC is up? Most will go up too.

It seems both humans and bots have a notion of sentiment.

Re: CryptoMaps: Cryptocurrency Market State

#16
post #5

Wondering what everyones thoughts are on NEO its genereated a lot of buzz recently.

Wouldn't touch it with ten foot pole. Pure garbage. Ive found several consensus breaking bugs. Read the source code yourself, its awful. Why dont I report it? I don't care about NEO.

I agree. You can tell how confident they are in their blockchain technology that the only nodes they allow on the NEO network are operated by the company. Decentralized trust is supposed to be the single selling point of a blockchain. If we give that up, we might as well make a REST API for a SQL database and claim that it's the fastest blockchain in the world.

Re: CryptoMaps: Cryptocurrency Market State

#18
post #5

Wondering what everyones thoughts are on NEO its genereated a lot of buzz recently.

At the moment it's one step removed from vaporware. None of the features they brag about exist yet, and the codebase is in fact a complete untested / untestable mess primarily maintained by 1 dev. Their white paper is awful even by "crypto" standards. Security issues are inevitable.

If you're investing, be wary of the pump cycles - particularly now. October is when the first of the "reserved" shares unlock (50% of the total circulation is earmarked for the founders), so there is significant incentive to fan the hype and artificially drive up the price.

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