Yesterday there was a huge panic after China bans ICO's, but today the markets are recovering. I think one of the reasons is that people read more into it and understand the whole situation better. Now they know that this ban has nothing to do with Bitcoin or any other serious coin.
These panic dumps are really great for making your portfolio bigger. There were some really great opportunities to get some really cheap coins across the all markets.
Today, we can see green price changes over almost all coins. Even NEO, the chinese ethereum, is in green! The markets did cool-down a little bit and now we can attack the 5000$ Bitcoin price mark again. No one can stop the future.
My technical analysis with the ichimoku cloud twist was actually right and Bitcoin went below 4000$, but moved back almost instantly.
On the weekly chart it really looks like nothing happened. Bitcoin is getting really stable.
PEERPLAYS
Big PeerPlays news happened today. A lot of people were wondering where the August PeerPlays Eight milestone went from the PeerPlays official website.Well now we know. It just moved to September! The public beta release will be published on 12th September! It is not PeerPlays Eight anymore and Pacatum renamed the whole project to HelmBet RPS (rock paper scissors)!
https://steemit.com/peerplays/@peerplays/introducing-helmbet-com-the-countdown-is-on
http://helmbet.com
Not much is actually happening with the price. I think the reason is that most people don't know about this update yet and also it is still unknown if we will be able to actively bet real PeerPlays coins and receive payouts and dividends or not.
I have big hopes for this project. The games should be Unity 3D graphics on the blockchain! Wagering with BTC should be added in the fourth quarter of 2017.
KOMODO
PeerPlays is not the only cryptocurrency with some major announcement coming. In one of my posts a steemian called @clickomatic asked me what I think of Komodo's big announcement. Before his question I didn't really know much about Komodo. After some self-study I honestly think this cryptocurrency is really ambitious.
You can also follow Komodo on steemit!
https://steemit.com/@komodoplatform
Komodo (Zcash fork that adds the dPoW consensus on top of it and integrates into the SuperNET ecosystem, developed by jl777) and Verge (Wraith Protocol) are probably two cryptocurrencies that are really worth checking out. We can see that they are starting to get pretty popular and it is visible on their latest price surge.
What is also pretty interesting is that you can hold your Komodo coins in a wallet called Agama. It is in beta, but will offer everything you need. It will not only be a multicoin wallet, but also a decentralized exchange.
That's all from me for today, but I have some question for you now. What do you think will be the big announcement from Komodo? Do you invest in coins like this or is most of your portfolio in Steem and Bitcoin?
If you also have some news that you would like to share with us feel free to post them in the comments below. See you soon and enjoy this awesome trailer for Verge's Wraith Protocol! :)
Komodo is also supported on the Ledger Nano S already.
It's a promising project. I bought some before the recent pump and I think this announcement may be mostly priced in. However, it's always tough to say.
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Yeah it is probably priced in. However, people do not know what the real announcement is and if it's going to be something huge we can totally see another sure!
It reminds me of forex and all the waiting for just a one number. :)
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In related news, Bitcoin Dark is swapping in for Komodo and that has lead the price of that to shoot up in an arbitrage situation not long ago.
Their website now says "Komodo is the future" on the front.
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Heard of that. Thank you lexiconical.
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I am going to trade some sbd for a verge.
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Good idea cloudspyder! Hopefully it will work out great for them.
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Yes folks may want to participate with Komodo as it looks promising and has a good Dev team as well.
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@eirik what a lovely post. This is my first time I heard about komodo. Steemit is so loaded everyday I learn new thing. I will check it out and see to some vital info on this platform.
Thanks for this awesome
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Komodo is doing really great and I think if their announcement will be good the price will surge even more!
https://coinmarketcap.com/currencies/komodo/
Thanks samest!
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great information...thank for the info....komodo & verge is in my list....up
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On my list too bibek, thanks!
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I have no problem with seeing huge dips, as long as they are short. When they last for 2 weeks straight, that can be quite bad.
Normal profit taking, sure...
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Oh I can totally relate to that. Great post by the way! :)
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Great post , thanks for sharing !
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I appreciate that powercouple!
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:)
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Interesting article. I was about to post a similair post. Only invest in ICOs if you did the best possible research you can do and really believe in the future of the project. Wetter you're a short- or long term holder you should know what you put your money in. Does anyone know about: https://www.coincheckup.com I'm really happy with this site that gives complete coin analysis for every single crypto.
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