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Showing 19 of 19 results by tmlee
Post
Topic
Board Economics
Re: Does China Control Bitcoin?
by
tmlee
on 30/07/2019, 16:03:16 UTC
At the moment, most of the pools are consolidated in China (arguably miners too)
But there is a lot at stake, for someone to want to "Control" or "Manipulate" the network.
Expensive cost, game theory mechanics, high risk all makes up the high probabilistic finality of bitcoin transactions for it to be trusted in a decentralized manner.
Post
Topic
Board Altcoin Discussion
Topic OP
Litecoin Halving: Less than 6 days to go!
by
tmlee
on 30/07/2019, 15:25:55 UTC
Block reward for Litecoin will half from 25 LTC down to 12.5 LTC in less than 6 days
Will we see extreme volatility as we get closer or business as usual?
Or chances are it has been priced in, and miners may continue to mine at profit
Countdown timer at https://www.coingecko.com/en/explain/litecoin_halving
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Topic
Board Trading Discussion
Re: Bitcoin price has seen a +165% increase in Q2 2019
by
tmlee
on 30/07/2019, 03:56:09 UTC
Hmm, The last quarter was very good for bitcoin. And this 3rd quarter is very important I think. If Bitcoin will stable around the last quarter high price, Then people will take BTC very positively and we can see another Crazzy movement in the last quarter of this year.  So now pray for bitcoin so that it can remain stable around 12000-14000$ In this Q3. Thanks

We are starting Q3 with around $9500 - $10,000 ; still a higher baseline than where we were last quarter.
And yes Q3 is going to be a battle testing stage to how well this price can sustain.
Interestingly the altcoins did not aggressively surge along with the momentum. On the other hand Ethereum continues to see further development in DeFi.
More new competing platforms are launching soon namely Hedera and Polkadot
Post
Topic
Board Economics
Re: Advice on how best to protect your capital
by
tmlee
on 30/07/2019, 03:52:21 UTC
The Boglehead 3 fund portfolio has been going around for years - https://twocents.lifehacker.com/simplify-your-investments-with-the-3-fund-portfolio-1831746735
Basic protection would be diversified into 3 sectors + cryptocurrency for fun/speculation
Post
Topic
Board Bitcoin Discussion
Topic OP
Word of the Day: Bitcoin Days Destroyed
by
tmlee
on 19/07/2019, 18:44:07 UTC
Activity on the bitcoin network is normally measured by the total number of transactions
With higher transactions over time, you may conclude that there is a steady gain in momentum in bitcoin transactions.However, because Bitcoin transactions are affordable and easy to execute, folks may potentially be shuffling coins between different wallets that would end up inflating the number of transactions in the network.

As such Bitcoin Days Destroyed (https://en.bitcoin.it/wiki/Bitcoin_Days_Destroyed) was proposed
The premise is that counting the number of transactions per day does not truly reflect the Bitcoin economy.
Bitcoin Days Destroyed is often used as an alternative view to bitcoin transaction volume.
This metric is a measurement of transactions with an emphasis on bitcoins which have not been spent in a while.

To illustrate that

Alice has 10 bitcoins which she received 100 days ago. Today she decided to spend it all in a transaction.
Bitcoin Days Destroyed = 10 BTC x 100 days = 1000

Bob has 10 bitcoins which he received yesterday. Today he decided to move them into an exchange in a transaction.
Bitcoin Days Destroyed = 10 BTC x 1 day = 10

The longer that the bitcoins have not been spent, the higher the Bitcoin Days Destroyed will be when it gets spend.

The idea of this metric is that by looking at the Bitcoin Days Destroyed, you would be able to weed out transactions where fresh set of bitcoins are merely bouncing around different wallets.
 
Post
Topic
Board Economics
Re: [CHART] Bitcoin Inflation vs. Time
by
tmlee
on 19/07/2019, 16:33:44 UTC
By the looks of it, bitcoin is a vital alternative in countries where there isn't any good/stable stock market to invest in, and declining currency purchasing power.
should need a big mac index for bitcoin or the sort to track inflation
Post
Topic
Board Bitcoin Discussion
Re: Indonesia, the second largest crypto adopter without legality.
by
tmlee
on 19/07/2019, 16:00:49 UTC
Indonesia crypto adoption is probably driven by Indodax, one of the longest running exchange since 2013 or earlier; which is arguably one of the largest crypto volume driver globally too
Post
Topic
Board Altcoin Discussion
Re: Where's the Moon? IEO tokens. Infographics
by
tmlee
on 19/07/2019, 15:46:07 UTC
https://i.imgur.com/0nxRqhu.png summarizes the ROI for most of the IEO's launched by several exchanges.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin so valuable just because it was first?
by
tmlee
on 19/07/2019, 15:34:40 UTC
Bitcoin being the fast brought with it couple of advantages :-
- Well-known, the word "Bitcoin" has been thrown around for almost 10 years now, and it is still alive and one of the most valuable digital asset
- Network effect... most cryptocurrency adopters started with bitcoin and also attracts the most serious audience and holders
- When Bitcoin was launched it influenced a lot in terms of philosophy and economics of a digital asset, spawning new ideas and setting the tone for decentralization

In terms of value, money is very much a function of its network effect.
For a new cryptocurrency to pose a serious contender to Bitcoin, not only the alternative needs to be better but Bitcoin probably would need some defects
Simplicity of Bitcoin purpose also reduces the possibility of defects which makes it less popular than the alternatives
Post
Topic
Board Announcements (Altcoins)
Re: Brand new Bytex exchange launch: BYT token + trade reward + profit sharing
by
tmlee
on 21/09/2018, 01:11:55 UTC
We at CoinGecko have added Bytex exchange integration.

You may see total volume, pairs, and info at https://www.coingecko.com/en/exchanges/bytex
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Topic
Board Trading Discussion
CoinGecko Q2 2018 Market Report
by
tmlee
on 23/08/2018, 17:49:25 UTC
Check out all that has happen in Q2 of 2018
Coverage on market macro data, key event highlights, state of dapps, and sentiment analysis.

Full report for free can be obtained here https://assets.coingecko.com/reports/2018-Q2-Report/CoinGecko-2018-Q2-Report-EN-Large.pdf
Post
Topic
Board Speculation (Altcoins)
Re: What websites are you using for price analysis?
by
tmlee
on 21/08/2018, 02:17:07 UTC
Hi co-founder of CoinGecko here. Thanks for choosing to use our service.
We recently launched a coin comparison feature at https://www.coingecko.com/en/coins/compare that i would suggest you try out.
I would definitely like to hear more about how you are using and finding our service.
Looking to further improve to serve your needs.

I have a suggestion and it will much better for you to create such a page that contains all of the detail regarding the ico just like how much the ico price and the recent price of token. It will help a lot of people to discover about the price of ico itself. icostats is not adding any new ERC20 token anymore and CMC is lack of information about that

You can actually use the compare feature on ICO issued tokens as well
As an example https://www.coingecko.com/en/coins/compare?coin_ids=eos,qtum,0x and scroll to the bottom
The ROI row tells you the gains made from the recorded public sale price.

These information however are harder to collect as such we are trying our best to build the database.
We constantly add tokens as we get requests
Post
Topic
Board Speculation (Altcoins)
Re: What websites are you using for price analysis?
by
tmlee
on 21/08/2018, 01:51:54 UTC
I am using coinmarketcap website also it is available in app  usually I'm checking several times a day I think this is best website for cryptocurrency price analysis , this website also provide different price charts and exchanges details and more information about cryptocurrencies.

May I suggest checking out our website at https://www.coingecko.com/
We provide information around market, developer, community, blockchain network, and more to come for any given crypto
Also have an app in both iOS and Android

Would like to hear your thoughts on that and how we can improve
Post
Topic
Board Speculation (Altcoins)
Re: What websites are you using for price analysis?
by
tmlee
on 20/08/2018, 14:49:36 UTC
Hi co-founder of CoinGecko here. Thanks for choosing to use our service.
We recently launched a coin comparison feature at https://www.coingecko.com/en/coins/compare that i would suggest you try out.
I would definitely like to hear more about how you are using and finding our service.
Looking to further improve to serve your needs.
Post
Topic
Board Beginners & Help
Re: a good portfolio tracker ??
by
tmlee
on 11/07/2018, 17:47:26 UTC
Try out our service at CoinGecko https://www.coingecko.com/en

For some people, portfolio management can be overkill and cumbersome.
We currently provide watchlist, just sign up at https://www.coingecko.com/account/sign_up?locale=en
and you are well on your way picking favorite coins to be monitored
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Topic
Board Service Discussion (Altcoins)
Re: Free API of Coingecko.com?
by
tmlee
on 11/07/2018, 17:39:54 UTC
CoinGecko public API is now ready https://www.coingecko.com/api/docs/v3

You can test making API calls within the documentation page itself or consume directly using curl or code

Our goal is to make your life easier with simple calls but with comprehensive dataset for your usages.
Post
Topic
Board Beginners & Help
4 Lessons from the Biggest Cryptocurrency Scams
by
tmlee
on 07/06/2018, 02:04:25 UTC
We have published a guide to help you navigate around the cryptocurrency space while avoiding scams
https://www.coingecko.com/buzz/4-lessons-from-biggest-cryptocurrency-scams-2018

TLDR
1. Pay Close Attention to Website Addresses as Phishing Remains Common
2. Beware Promises of Risk Free Guaranteed Returns
3. Lucrative Affiliate Programs are a Red Flag
4. Check the Background of the People Involved; Scammers tend to be Repeat Offenders
Post
Topic
Board Altcoin Discussion
Re: ICO spreadsheets
by
tmlee
on 27/03/2018, 01:42:54 UTC
ICO Spreadsheet by CoinGecko compiling mentions and ratings from various reviewers & rating sites
https://docs.google.com/spreadsheets/d/1ow9I0rXTQuEDJZfHGd7XHgl_RgrjTZ-LhHdPIsF-nZg/

Post
Topic
Board Altcoin Discussion
Bitcoin vs Bitcoin Cash vs Bitcoin Gold vs Bitcoin 2X (Infographic)
by
tmlee
on 19/10/2017, 15:00:41 UTC
Not sure about the current state of Bitcoin split? Here is an infographic that we created https://imgur.com/y4D0XEC hopefully able to help clear the air on the difference between Bitcoin, Bitcoin Cash, Bitcoin Gold, and Bitcoin 2X