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Bitcoin Mining Industry Remains on Strong Footing

August J, 2019
Market Hive
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Bitcoin Mining Industry Remains on Strong Footing When the crypto winter struck the market in 2018, analysts predicted that crypto mining would also see a downturn. Some miners did hang their boots in the aftermath of the Bitcoin crash. However, one year down the line, Bitcoin mining is growing stronger than ever   Bitcoin mining- the industry most ignore Bitcoin mining is becoming more profitable, thanks to the recent rise in prices and the rise of Bitcoin mining pools. In…

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BTCUSD fails to extend bounce from 11100115 rest-area

August J, 2019
Market Hive
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BTC/USD fails to extend bounce from 11,100/115 rest-area BTC/USD remains below 1-month old resistance-line. 11,100/115 offers immediate support ahead of 21-DMA level around 10,650. Despite bouncing off three-week-old horizontal-support, the BTC/USD pair fails to clear near-term trend-line resistance as it makes the rounds to 11,425 during early Monday. The leading crypto pair has been under pressure recently as price rally in other altcoins joins speculations of increased Bitcoin mining. Adding to the market fears is the on-going US-China trade war…

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Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages

August J, 2019
Market Hive
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Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today. Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400 in a matter of minutes between 7:30 AM and 7:45 AM Coordinated Universal Time. Looking at its…

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Bitcoin Price Analysis 8102019

August J, 2019
Market Hive
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Bitcoin’s recent sideways action has given us some time to reflect upon the movements of the past few days and project where we might go from here. What we’re seeing on a macro scale is a continuation of the positive trend that we have been seeing for Bitcoin all year. Bitcoin was able to close a few different daily candles above our drawn resistance, as you can see below: On this daily chart, we can see that Bitcoin appears to…

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Writing well – What is the secret?

August J, 2019
Market Hive
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What is the secret to writing well? I think it is really one word, practice, practice, practice. You can have a vast vocabulary.  You can have near perfect command of your prose, perfect grammar, and syntax, but if you don't write often, you will not develop into a good writer. That is one reason why blogging is such a great activity. Content creation for a blog is simple. You can write about whatever you like.  You can be serious, ironic, whimsical,…

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How easy is it to make friends here in Markethive?

August J, 2019
Market Hive
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Fact or fiction, most members in Markethive do not post to the newsfeed?  I think we can agree that most members join Markethive and aside from loading a picture and adding brief information to their profile page, may rarely if ever post to the Newsfeed.   What does this mean for the Marekthive members who are active?  It means when an announcement appears in the Newsfeed, it may be your one unique chance to request a friend from that person, and…

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