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If you are an Instagram user and Bitcoin adherent, then you’ll appreciate this post. We went trough all Bitcoin-themed Instagram accounts and have chosen 5 best ones for you to follow. These are definitely worth your attention!
As altcoin exchanges constantly add new currencies, it is important to watch for prominent new coins being developed. The extremely energy intensive mining processes for bitcoin and litecoin are becoming more difficult to sustain and may one day have to be replaced by one of these newer, more environmentally-friendly currencies. Fibre Fibre is a new currency using the NIST5 mining algorithm with a total supply of 624563 coins and a 5% annual proof of stake interest rate.
When you look at a chart you may see certain patterns emerge (or at least appear to emerge) and sometimes these patterns can indicate the potential direction of future pricing for the market you are looking at. In essence this is a part of technical analysis. Technical analysis “is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends.