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홈페이지 https://www.kucoin.com/

참고자료 Whitepaper.pdf

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1,542.09 KRW
상장된 거래소
1
심볼
KCS
출시 예정
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KuCoin은 싱가포르에 본사를 두고 있으며 100여개 국가의 500만 등록 사용자들에게 안전하고 안정적이며 사용하기 쉬운 거래 서비스를 제공하기 위해 설립된 국제 암호화폐 거래소입니다. KuCoin은 유연하고 신뢰할 수 있는 사용자 경험을 제공하면서 경험이 풍부한 투자자뿐만 아니라 암호화폐 업계의 많은 신규 진입자들을 적극적으로 받아들이고 있습니다. KuCoin Shares는 KuCoin의 자체 토큰으로 수수료를 결제할 때 사용 시 할인이 가능하고 각종 이벤트, 그리고 투표를 할 때 사용됩니다.

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Tutorial for Participating ...

Chinese version follows English one (中文版在英文版本之后)Dear KuCoin UsersKuCoin Spotlight has already launched. You can reach the Spotlight page by clicking the ‘Spotlight’ tab on KuCoin’s official webpage.To participate in the Token Sale, users need to log in to their KuCoin account. Then, ensure their KuCoin account meets the following purchase criteria:1. KYC verificationIf you would like to participate in the Token Sale of Spotlight projects, you will be required to complete identity verification (KYC).2. Trading PasswordTo ensure account security, all users are required to set up a trading password.3. Countries/Areas SupportedThe following countries/areas are not supported and cannot make purchases:the United States of America, Canada, New Zealand, Thailand, Japan, Mainland China, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d’Ivoire, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Republic of Macedonia, Trinidad & Tobago, Tunisia, Uganda, Ukraine and Venezuela4.Purchase AgreementTo participate in the Token Sale, users need to sign the purchase agreement. Please read the terms and conditions carefully. If you accept the agreement, please click ‘confirm’.5. Sufficient KuCoin Shares (KCS) in Trading AccountFor purchases, only KCS is supported as a payment method. We recommend that you purchase KCS in advance to ensure that you have sufficient funds in your trading account (not Main Account).All the above steps can be completed on the Spotlight page before the start time of the Token Sale.Tutorial for making a purchase on the KuCoin Spotlight PageOnce the criteria have been completed, ‘Coming Soon’ will be displayed. Otherwise, it will display “Unable to proceed the purchase, please complete the following criteria”.When the activity has started, you will be able to choose the purchase amount and click ‘Purchase Now’ to participate in the token sale.To confirm the purchase, you will need to input your trading password. Please kindly check the amount and total price before clicking ‘Purchase Now’.If your order proceeds successfully, there will be a message confirming your purchase.You will be able to check your purchase history by visiting ‘Purchase History’ in the upper right area of the website.亲爱的KuCoin用户KuCoin Spotlight现已上线。您可通过主页导航条上的 “Spotlight” 进入到KuCoin Spotlight专页。为参与此次申购活动,所有用户均需先登录其KuCoin账户,并确保其账户满足以下申购条件:1. 账户KYC验证如果您想要参与此次Spotlight项目申购活动,您需要先完成身份验证。2. 设置交易密码为确保账户安全性,所有用户都需要设置交易密码。3. 本次申购不支持国家/地址名单美利坚合众国、加拿大、新西兰、泰国、日本、中国大陆、巴哈马、博茨瓦纳、古巴、朝鲜民主主义人民共和国、加纳、塞尔维亚、突尼斯、索马里、津巴布韦、南苏丹、苏丹(北部)、苏丹(达尔富尔)、伊朗、伊拉克、利比亚、叙利亚、厄立特里亚、埃塞俄比亚、也门、斯里兰卡、阿富汗、阿尔巴尼亚、白俄罗斯、波斯尼亚和黑塞哥维那、布隆迪、中非共和国、科特迪瓦、刚果民主共和国、几内亚、几内亚比绍、黎巴嫩、利比里亚、缅甸、巴基斯坦、尼加拉瓜、马其顿共和国、特立尼达和多巴哥、突尼斯、乌干达、乌克兰和委内瑞拉。4.签署购买协议为参与此次申购活动,所有用户均需提前签署购买协议。请认真阅读相关条款和规定,如果您接受条款,请点击“确认”。5. 使用KuCoin Shares(KCS)进行申购本次申购活动支持KuCoin Shares(KCS)为置换token。我们建议您在交易账户中(非主账户)提前存入足量的KuCoin Shares(KCS)参与本次申购活动。以上所有步骤均可在申购活动开始前,于Spotlight专页中完成。KuCoin Spotlight页面申购操作图示在您的账户满足所有申购条件前,Spotlight页面上将会显示“不满足购买条件,请完成以下操作”。一旦您的账户满足购买标准,在申购活动开始前,将会出现“即将开始”的标识。申购活动开启后,您可选择抢购数量,点击“立即抢购”,输入交易密码后即可下单。如果您的订单进行顺利,将会弹窗信息提示您申购成功。通过点击网页右上角的“购买记录”,您可以查看自己的历史申购记录。Tutorial for Participating in the Token Sale of Spotlight Projects | KuCoin Spotlight项目申购活动指导手册 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 26

KuCoin Weekly Report #29–2 ...

Listed ProjectsFetch.Ai (FET) was listed on KuCoin.Listed date: 2019/3/8Available Trading Pairs: FET/BTC and FET/ETHAnkr Network (ANKR) was listed on KuCoin.Listed date: 2019/3/14Available Trading Pairs: ANKR/BTC and ANKR/ETHDxChain (DX) was listed on KuCoin.Listed date: 2019/3/22Available Trading Pairs: DX/BTC and DX/ETHCampaigns & Promos#MetaHash (MHC) Trading Competition: Win 5 BTC!https://www.kucoin.com/news/en-metahash-mhc-trading-competition-5-btcRewards DistributionLOKI Campaign Rewards Distributedhttps://www.kucoin.com/news/en-loki-campaign-rewards-distributedHOT Campaign Rewards Distributedhttps://www.kucoin.com/news/en-hot-campaign-rewards-distributedCSP Campaign Rewards Distributedhttps://www.kucoin.com/news/en-csp-campaign-rewards-distributedAVA Campaign Rewards Distributedhttps://www.kucoin.com/news/en-ava-campaign-rewards-distributedFET Campaign Rewards Distributedhttps://www.kucoin.com/news/en-fet-campaign-rewards-distributedKuCoin NewsIntroducing KuCoin SpotlightDear KuCoin users,KuCoin has been persistent in its pursuit of finding and supporting blockchain projects with real potential. KuCoin’s vision brings Spotlight to the stage. KuCoin Spotlight aims to assist blockchain projects in raising the needed funds, attracting market attention and improving industrial influence.KuCoin Spotlight will officially announce its first Spotlight project within this week. The Spotlight token sale is on a first-come, first-served basis. The sale will be based on KCS and the actual price in KCS will be announced on the day of sale.Users must complete identity authentication (KYC) in advance, before their purchase. To comply with local regulations, users in some countries and regions cannot participate in the sale.Details Inside: https://www.kucoin.com/news/en-introducing-kucoin-spotlightKuCoin Newest Ambassadors — CV Labs & Tokengatehttps://www.kucoin.com/news/en-kucoin-newest-ambassadors-cv-labs-tokengateKuCoin Global Meetup in Moscowhttps://twitter.com/KuCoinDaily/status/1108277122114576384KuCoin Prestige Investors Gathering in Moscowhttps://twitter.com/KuCoinDaily/status/1108641635494039552KuCoin Tech UpdatesKuCoin Matching Engine and Trading System Upgradinghttps://www.kucoin.com/news/en-kucoin-matching-engine-and-trading-system-upgradingFebruary ONG Distribution for ONT Holders Completedhttps://www.kucoin.com/news/en-february-ong-distribution-for-ont-holders-completedFebruary GALA Distribution for ZPT Holders Completedhttps://www.kucoin.com/news/en-february-gala-distribution-for-zpt-holders-completedFebruary VTHO Distribution for VET Holders Completedhttps://www.kucoin.com/news/en-february-vtho-distribution-for-vet-holders-completedMHC/USDT Trading Pair is Available on KuCoinhttps://www.kucoin.com/news/en-mhc-usdt-trading-pair-is-available-on-kucoinKuCoin Update of Projects Listed in the KuCoin Plus Trading Areahttps://www.kucoin.com/news/824-20March BTT Airdrop Distribution for TRX Holders Completedhttps://www.kucoin.com/news/en-march-btt-airdrop-distribution-for-trx-holders-completedKuCoin MainNet Swap of IOST Complete: Deposit and Withdrawal Services Now Openhttps://www.kucoin.com/news/en-kucoin-mainnet-swap-of-iost-completeST: KuCoin Delisting of ZINC and PURAhttps://www.kucoin.com/news/en-st-kucoin-delisting-of-zinc-and-puraKuCoin to Partially Adjust Rules of Airdrop Distributionhttps://www.kucoin.com/news/814-20Follow The KuCoin CommunityKuCoin English Telegram: https://t.me/Kucoin_ExchangeKuCoin API Support Telegram: https://t.me/KuCoin_APIKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #29–2019/3/23 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 23

Public Chain: Come and Mee ...

While I was stuffed into a subway car this morning like a sardine, there was a moment where I felt like my spirit was squeezed from my body.At this time, I am usually stuck in rush-hour traffic in my car, psychologically fretful but physically comfy, except for the fact that my car is currently in the garage for a quite severe scratch thanks to the driver, my colleague.But at least no one got injured. Bad news is better than worse news.Some people believe that ‘Bad news can be better than no news’ — headline of a New York Times article published on October 24th 2008.“People who are mildly neurotic are stressed by uncertainty even more than by bad news,” the writer Roni Caryn Rabin wrote in the article.Are passionate crypto traders “mildly neurotic”? I don’t know about others, but I prefer a fluctuating market over a quiet market.The reason I bring this up is because a piece of news popped up yesterday morning saying that the 24-hour Ethereum on-chain transaction volume jumped by approximately 46% day-on-day, which, in itself, is not necessarily a bullish market indicator.But, if we see it from a blockchain evangelist’s perspective rather than a crypto trader’s, could anyone blame a public chain for showing strong transactional activity?Speaking of public chain, as I mentioned in the last post, I believe it is one of the verticals with the greatest potential. In general, it has a very bright future.I suppose not many people understand the technology super thoroughly, so here are some tips that I apply, based on the frame of one theory — The Impossible Trinity.Also known as The Trilemma, it was originally an economics theory which suggests that, due to mutual exclusivity, at most two of the following options could be met when making international monetary policy (China sacrifices the second option) — fixed currency exchange, free cross-border capital flow and autonomous monetary policy.The blockchain world has derived its own impossible trinity:a) Being strongly scalable.b) Being fully decentralized;c) Being perfectly secure;Bitcoin and Ethereum are the most typical public chains with scalability issues. The former is holding up at 7 transactions per second (TPS), while the latter could double the number to 15 -20 TPS.EOS performs much better in terms of scalability as it is able to process 1000 transactions in a blink. And yet, VISA’s TPS figure stands at an insurmountable 24,000, at least for now.As for full decentralization, what do you think makes EOS’s TPS figure so much more impressive than Bitcoin’s and Ethereum’s?Just as the name of the consensus EOS applies indicates — delegated proof-of-stake — while there are delegates, there also are mandators or voters, whatever you call them. It is technically not full decentralization.Now, my negative example of security just perfectly proves the exclusivity. Zilliqa, with its sharding technology, successfully brings the TPS up to 2448. There’s not much dispute over it being decentralized either.However, the basic concept of this technology is to divide the network into shards, which process the computing synchronously to achieve better efficiency.A smaller-size network is naturally more vulnerable against DDoS attacks and double-spending attacks, among other threats. Thus, it must, on one hand, guarantee an acceptable computing efficiency while, on the other hand, make sure the shards include the most honest nodes possible to stand against the potential attacks.Sorry, my bad. Enough for the dark side. My intention is to encourage you guys to keep your eyes on the donut, not the hole. There are always challenges, but there are also always solutions.Plus, what is the satisfactory scalability of blockchain? Simply benchmarking VISA’s 24,000 TPS? Or a million-level TPS, the target (not vision) Vitalik set for Ethereum for the foreseeable future? Let’s say in the foreseeable future that the target is achieved and there are actually millions of deals being executed on chain. Is there a proper solution for mega data storage?Technology never stops evolving and one can hardly hope for perfection.Same for us, being just a crypto trader, we should know certain trading skills and tools; being a blockchain technology follower, we must keep absorbing updated knowledge.I aim to be both. And you?Public Chain: Come and Meet The Impossible Trinity was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 22

Public Chain: Come and Mee ...

While I was stuffed into a subway car this morning like a sardine, there was a moment where I felt like my spirit was squeezed from my body.At this time, I am usually stuck in rush-hour traffic in my car, psychologically fretful but physically comfy, except for the fact that my car is currently in the garage for a quite severe scratch thanks to the driver, my colleague.But at least no one got injured. Bad news is better than worse news.Some people believe that ‘Bad news can be better than no news’ — headline of a New York Times article published on October 24th 2008.“People who are mildly neurotic are stressed by uncertainty even more than by bad news,” the writer Roni Caryn Rabin wrote in the article.Are passionate crypto traders “mildly neurotic”? I don’t know about others, but I prefer a fluctuating market over a quiet market.The reason I bring this up is because a piece of news popped up yesterday morning saying that the 24-hour Ethereum on-chain transaction volume jumped by approximately 46% day-on-day, which, in itself, is not necessarily a bullish market indicator.But, if we see it from a blockchain evangelist’s perspective rather than a crypto trader’s, could anyone blame a public chain for showing strong transactional activity?Speaking of public chain, as I mentioned in the last post, I believe it is one of the verticals with the greatest potential. In general, it has a very bright future.I suppose not many people understand the technology super thoroughly, so here are some tips that I apply, based on the frame of one theory — The Impossible Trinity.Also known as The Trilemma, it was originally an economics theory which suggests that, due to mutual exclusivity, at most two of the following options could be met when making international monetary policy (China sacrifices the second option) — fixed currency exchange, free cross-border capital flow and autonomous monetary policy.The blockchain world has derived its own impossible trinity:a) Being strongly scalable.b) Being fully decentralized;c) Being perfectly secure;Bitcoin and Ethereum are the most typical public chains with scalability issues. The former is holding up at 7 transactions per second (TPS), while the latter could double the number to 15 -20 TPS.EOS performs much better in terms of scalability as it is able to process 1000 transactions in a blink. And yet, VISA’s TPS figure stands at an insurmountable 24,000, at least for now.As for full decentralization, what do you think makes EOS’s TPS figure so much more impressive than Bitcoin’s and Ethereum’s?Just as the name of the consensus EOS applies indicates — delegated proof-of-stake — while there are delegates, there also are mandators or voters, whatever you call them. It is technically not full decentralization.Now, my negative example of security just perfectly proves the exclusivity. Zilliqa, with its sharding technology, successfully brings the TPS up to 2448. There’s not much dispute over it being decentralized either.However, the basic concept of this technology is to divide the network into shards, which process the computing synchronously to achieve better efficiency.A smaller-size network is naturally more vulnerable against DDoS attacks and double-spending attacks, among other threats. Thus, it must, on one hand, guarantee an acceptable computing efficiency while, on the other hand, make sure the shards include the most honest nodes possible to stand against the potential attacks.Sorry, my bad. Enough for the dark side. My intention is to encourage you guys to keep your eyes on the donut, not the hole. There are always challenges, but there are also always solutions.Plus, what is the satisfactory scalability of blockchain? Simply benchmarking VISA’s 24,000 TPS? Or a million-level TPS, the target (not vision) Vitalik set for Ethereum for the foreseeable future? Let’s say in the foreseeable future that the target is achieved and there are actually millions of deals being executed on chain. Is there a proper solution for mega data storage?Technology never stops evolving and one can hardly hope for perfection.Same for us, being just a crypto trader, we should know certain trading skills and tools; being a blockchain technology follower, we must keep absorbing updated knowledge.I aim to be both. And you?Public Chain: Come and Meet The Impossible Trinity was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 22

KuCoin Welcomes Swiss Bloc ...

March 15, 2019 — KuCoin, an IDG-backed global cryptocurrency exchange, today announced its partnership with CV Labs & Tokengate. Based on the collaboration, CV Labs & Tokengate will join KuCoin’s Global Titan Ambassador program, working with the KuCoin team to discover more promising projects. Also, KuCoin will become the ecosystem partner of both CV Labs and Tokengate, contributing to the empowerment of blockchain and crypto companies who settle in Zug.Switzerland and Liechtenstein is home to over 750 blockchain-related companies, with many pioneers and pace-setters among them. Located in the heart of Switzerland’s Crypto Valley, CV Labs, together with other partners, is dedicated to helping blockchain-related companies by providing a wide range of services from business and technology advisory to project financing with Tokengate. As the “People’s Exchange”, KuCoin is always committed to bringing the most valuable digital assets to its 5 million users globally. As of now, the platform has listed over 180 tokens, including nearly 400 trading pairs.“As a traditional innovation center, Switzerland has become a leading hub for new technologies like blockchain, and CV Labs and Tokengate have shown their commitment to fostering a sustainable crypto ecosystem in this country,” said Michael Gan, CEO at KuCoin. “We are thrilled to be part of this vibrant community and assist crypto firms in growing their potential.”Ralf Glabischnig, member of the board of Tokengate and CV Labs commented: “We are excited about the partnership with KuCoin as we believe there are several synergies that can be used. CV Labs and Tokengate provide all sorts of support to blockchain startups, nurturing companies that have the potential to revolutionize the world. By partnering with KuCoin, the two parties will be able to select projects with real value and bring them to the main stage of the world.”Initiated in August 2018, KuCoin’s Global Titan Ambassador Program is targeting investment firms and influential individuals in the crypto space. Projects suggested by ambassadors will be checked by the KuCoin team as a priority and given fast-track treatment if approved for listing. Current KuCoin Global Ambassadors include Breyer Labs, NEO Global Capital (NGC) and LFG Global.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.About CV LabsCV Labs is a unique place in Crypto Valley where great minds and new ideas come together to discuss and to innovate. Opened in February 2018, the genesis hub is located just near the train station of Zug and offers more than 2000 square meters of co-working space and private offices. Currently, CV Labs is the home for more than 120 blockchain startups and an incubation program.About TokengateTokengate is the market infrastructure to fully regularly compliant onboard people to the crypto world and emit tokens into the primary market. As such an ideal partner not only to find the “hidden gems” but also the trader community.Press ContactsKuCoin:media@kucoin.comKuCoin Welcomes Swiss Blockchain Institution CV Labs & Tokengate as its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

KuCoin Welcomes Swiss Bloc ...

March 15, 2019 — KuCoin, an IDG-backed global cryptocurrency exchange, today announced its partnership with CV Labs & Tokengate. Based on the collaboration, CV Labs & Tokengate will join KuCoin’s Global Titan Ambassador program, working with the KuCoin team to discover more promising projects. Also, KuCoin will become the ecosystem partner of both CV Labs and Tokengate, contributing to the empowerment of blockchain and crypto companies who settle in Zug.Switzerland and Liechtenstein is home to over 750 blockchain-related companies, with many pioneers and pace-setters among them. Located in the heart of Switzerland’s Crypto Valley, CV Labs, together with other partners, is dedicated to helping blockchain-related companies by providing a wide range of services from business and technology advisory to project financing with Tokengate. As the “People’s Exchange”, KuCoin is always committed to bringing the most valuable digital assets to its 5 million users globally. As of now, the platform has listed over 180 tokens, including nearly 400 trading pairs.“As a traditional innovation center, Switzerland has become a leading hub for new technologies like blockchain, and CV Labs and Tokengate have shown their commitment to fostering a sustainable crypto ecosystem in this country,” said Michael Gan, CEO at KuCoin. “We are thrilled to be part of this vibrant community and assist crypto firms in growing their potential.”Ralf Glabischnig, member of the board of Tokengate and CV Labs commented: “We are excited about the partnership with KuCoin as we believe there are several synergies that can be used. CV Labs and Tokengate provide all sorts of support to blockchain startups, nurturing companies that have the potential to revolutionize the world. By partnering with KuCoin, the two parties will be able to select projects with real value and bring them to the main stage of the world.”Initiated in August 2018, KuCoin’s Global Titan Ambassador Program is targeting investment firms and influential individuals in the crypto space. Projects suggested by ambassadors will be checked by the KuCoin team as a priority and given fast-track treatment if approved for listing. Current KuCoin Global Ambassadors include Breyer Labs, NEO Global Capital (NGC) and LFG Global.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.About CV LabsCV Labs is a unique place in Crypto Valley where great minds and new ideas come together to discuss and to innovate. Opened in February 2018, the genesis hub is located just near the train station of Zug and offers more than 2000 square meters of co-working space and private offices. Currently, CV Labs is the home for more than 120 blockchain startups and an incubation program.About TokengateTokengate is the market infrastructure to fully regularly compliant onboard people to the crypto world and emit tokens into the primary market. As such an ideal partner not only to find the “hidden gems” but also the trader community.Press ContactsKuCoin:media@kucoin.comKuCoin Welcomes Swiss Blockchain Institution CV Labs & Tokengate as its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

KuCoin Welcomes Swiss Bloc ...

March 15, 2019 — KuCoin, an IDG-backed global cryptocurrency exchange, today announced its partnership with CV Labs & Tokengate. Based on the collaboration, CV Labs & Tokengate will join KuCoin’s Global Titan Ambassador program, working with the KuCoin team to discover more promising projects. Also, KuCoin will become the ecosystem partner of both CV Labs and Tokengate, contributing to the empowerment of blockchain and crypto companies who settle in Zug.Switzerland and Liechtenstein is home to over 750 blockchain-related companies, with many pioneers and pace-setters among them. Located in the heart of Switzerland’s Crypto Valley, CV Labs, together with other partners, is dedicated to helping blockchain-related companies by providing a wide range of services from business and technology advisory to project financing with Tokengate. As the “People’s Exchange”, KuCoin is always committed to bringing the most valuable digital assets to its 5 million users globally. As of now, the platform has listed over 180 tokens, including nearly 400 trading pairs.“As a traditional innovation center, Switzerland has become a leading hub for new technologies like blockchain, and CV Labs and Tokengate have shown their commitment to fostering a sustainable crypto ecosystem in this country,” said Michael Gan, CEO at KuCoin. “We are thrilled to be part of this vibrant community and assist crypto firms in growing their potential.”Ralf Glabischnig, member of the board of Tokengate and CV Labs commented: “We are excited about the partnership with KuCoin as we believe there are several synergies that can be used. CV Labs and Tokengate provide all sorts of support to blockchain startups, nurturing companies that have the potential to revolutionize the world. By partnering with KuCoin, the two parties will be able to select projects with real value and bring them to the main stage of the world.”Initiated in August 2018, KuCoin’s Global Titan Ambassador Program is targeting investment firms and influential individuals in the crypto space. Projects suggested by ambassadors will be checked by the KuCoin team as a priority and given fast-track treatment if approved for listing. Current KuCoin Global Ambassadors include Breyer Labs, NEO Global Capital (NGC) and LFG Global.To apply for your Global Titan Ambassador position, please fill out the form below:https://goo.gl/forms/RLbmNnHnclzB8WN82About KuCoinThe KuCoin Exchange opened for cryptocurrency trading in September 2017 and enjoyed steady growth into 2018. The KuCoin exchange puts a high priority on the quality of the projects listed based on a well-trained research department that scours the blockchain industry for the highest-quality projects. KuCoin provides an exchange service for users to conduct digital asset transactions securely and efficiently. Over time, KuCoin aims to provide long-lasting, increased value to its more than five million registered users, in over 100 countries. In November 2018 ‘The People’s Exchange’ officially partnered with IDG Capital, Matrix Partners, and Neo Global Capital.About CV LabsCV Labs is a unique place in Crypto Valley where great minds and new ideas come together to discuss and to innovate. Opened in February 2018, the genesis hub is located just near the train station of Zug and offers more than 2000 square meters of co-working space and private offices. Currently, CV Labs is the home for more than 120 blockchain startups and an incubation program.About TokengateTokengate is the market infrastructure to fully regularly compliant onboard people to the crypto world and emit tokens into the primary market. As such an ideal partner not only to find the “hidden gems” but also the trader community.Press ContactsKuCoin:media@kucoin.comKuCoin Welcomes Swiss Blockchain Institution CV Labs & Tokengate as its Newest Global Ambassadors was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There ...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There ...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There ...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Spotlight: Chin Up! There ...

To start, this is an advertorial of KuCoin’s new project launching program ‘Spotlight’. Yes, I am not trying to trick you — no hugger-mugger at all.Now, before you leave, you might just want to ask yourself one question:Why would an exchange invest a huge amount of resources — time, manpower and money — into a brand-new product in such a dull market? For good reasons, obviously.Let me elaborate, step by step.For those who don’t have much time to scrutinize the whole article, I promise to highlight the keywords. But come on, it won’t be longer than 500 words after all.What is Spotlight?As our CEO Michael Gan’s latest Tweet read, it is a platform for “hidden gems in blockchain with great potential and value” to display themselves to a mass audience from close range and win their hearts (and financial aids) for further expansion.How is it different from an ICO?Very straightforward. Just think about the counterpart risk.Bring the time back to early last year, when we all saw ICOs mushrooming — good projects and malicious ones — thanks to an irrational sentiment of the whole market, believing only in upward momentum.How many of you guys were NOT punished by reckless investments in, what turned out to be, unreliable projects back then? Sorry, I mean speculation. Or maybe I should say gambling.Nowadays, programs like Spotlight shoulder the whole platforms’ reputation that not a single decent exchange would want to risk.“My good opinion once lost is lost forever.” — Quoting Mr. Darcy in ‘Pride and Prejudice’ of Jane Austen.The value is integrity. Stick to it, period. However, to carry it out is another issue, a sounds-simple but difficult-to-implement one. That is, to screen out the “hidden gems”.Where to spotlight on?Some of you might have heard about a saying that is quite common in China:There are no so-called sunset industries, the sun is just set for certain enterprises.Similarly, in the blockchain world for starters, it is now universally conceded that the technology itself is meant to boom. Secondly, there are “hidden gems” across almost every vertical.Here are some that I’d like to share with you guys.Public chain. Without much exaggeration, public chains shoulder the prospect of blockchain. Just take a quick glance over Bitcoin, Ethereum, Litecoin, NEO and EOS, among others. It is indisputably the origin of the technology.Privacy-related solution. I’ve heard several friends emphasize the importance of data in the ongoing internet revolution. Some have called it ‘the fuel’, others called it ‘the blood’.Regardless of the dramatic wordings, we are definitely expecting a trillion-dollar data market. Everyone sees the opportunity, including the data hubs — I’d be very surprised if internet giants such as Alibaba weren’t aware — and the true data owners, the end-users, who are increasingly conscious of protecting their privacy.Other infrastructure technology. Highlighting these three sectors doesn’t mean we don’t look at others. Our list goes on and on.It’s just that we have seen a lot of such tech-heavy projects that were run by a bunch of geeks who may be too concentrated on coding to execute some reasonable promotion. Some of these projects are still struggling to survive, while some have had to give up. Such teams deserve proper financial aids to grow as, at the end of the day, they may significantly contribute to the blockchain evolution eventually.So, this is it.We are strongly convinced that it’s a meaningful move and, together with our respectful peers, we’ll become a major driven power to a fast-growing cutting-edge technology.End of the advertorial. Oops, sorry about the extra 100-ish words.Btw, KuCoin is on Twitter @kucoincom, and Michael is @gan_chun, while I myself is @lyu_johnny, come and speak with us!Spotlight: Chin Up! There Are Still Hidden Gems in the Crypto World! was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 15

Stop-Loss Orders Keep Cryp ...

Have you ever pondered over what the biggest stumbling block is on the way to getting rich via whatever sort of investment instrument?My answer would be the weakness of human nature.In retrospect of our investment track records, I’m sure we’ve all experienced such moments when we got greedy as the price of an asset went up, and expected the profits to further increase with blind optimism.On the other hand, while the price dropped, also with blind optimism, we expected the downward trend to stop soon. But guess what? The plunge never ended!Most of the time, these cases turn out to be just self-deception, which causes actual loss or loss in prospect interest.Fortunately, such self-deception is not a kind of incurable illness in the financial world, or even in the cryptocurrency area, thanks to these two trading tools — the take-profit (T/P) order and the stop-loss (S/L) order.I’d like to reiterate a point I made in an article posted previously, that human-beings may not be able to execute an order so precisely that it would look coldblooded, but a computer can. What we great homo-sapiens need to do is to give orders as rationally as possible.As the name suggests, a T/P order allows us to take the profit while we still can. Placing the order, in brief, involves setting a price at which to close the position for profit. There are three straightforward ways to calculate the T/P price, amongst others.a) POINT. Setting it at a specific point is the most straightforward one. The price of BTC at the time of writing this article is $3855.55, which I expect to hit $3905.0 before the end of the day, so I set the latter as my T/P price.b) RATIO. Another way is to set the price based on the expected return rate. Let’s say I believe the BTC price will go up by 5% over the next 24 hours. I would set the T/P price at $4050. The math is also quite simple.c) LINE. The third method is a bit more complicated, as it involves some analysis. If we are opening position for short-swing trading, a widely-used price reference is a 5-day to 10-day average. If it’s a long run, we might have to take the history back for years, or for months in the case of the crypto world, and draw a trendline to make a rough prediction about the price in the coming months.The above keywords represent the three means most applied, but the logic behind each are way more complicated.For instance, some stock traders got very cautious and decisively made an order to take profit when alerted by an abnormally fast gain that flew high above the 60-day average. Well, this might not work exactly the same way in the crypto trading cases, but the basic concept is definitely worth noticing.Another alarming scenario in the traditional stock market, which is educational for anyone trading crypto, is when the market sees continuous gain and a sudden outrageously enormous amount of unit-time trading volume. Does that sound familiar? It does no harm to be cautious and to never rule out the possibility of a pump and dump.These might just be a few bricks of a trading skill tower, the most detectable anomalies that may trigger a T/P order, but don’t be scared. Stop-loss orders work very similarly, just in the opposite way.So, are you now interested in learning something that helps you die slower — sorry, I mean live longer — in the crypto market, and possibly even bring you a higher return rate? Let’s get moving!Stop-Loss Orders Keep Crypto Traders Alive, Take-Profit Orders Make Them Richer? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 08

Stop-Loss Orders Keep Cryp ...

Have you ever pondered over what the biggest stumbling block is on the way to getting rich via whatever sort of investment instrument?My answer would be the weakness of human nature.In retrospect of our investment track records, I’m sure we’ve all experienced such moments when we got greedy as the price of an asset went up, and expected the profits to further increase with blind optimism.On the other hand, while the price dropped, also with blind optimism, we expected the downward trend to stop soon. But guess what? The plunge never ended!Most of the time, these cases turn out to be just self-deception, which causes actual loss or loss in prospect interest.Fortunately, such self-deception is not a kind of incurable illness in the financial world, or even in the cryptocurrency area, thanks to these two trading tools — the take-profit (T/P) order and the stop-loss (S/L) order.I’d like to reiterate a point I made in an article posted previously, that human-beings may not be able to execute an order so precisely that it would look coldblooded, but a computer can. What we great homo-sapiens need to do is to give orders as rationally as possible.As the name suggests, a T/P order allows us to take the profit while we still can. Placing the order, in brief, involves setting a price at which to close the position for profit. There are three straightforward ways to calculate the T/P price, amongst others.a) POINT. Setting it at a specific point is the most straightforward one. The price of BTC at the time of writing this article is $3855.55, which I expect to hit $3905.0 before the end of the day, so I set the latter as my T/P price.b) RATIO. Another way is to set the price based on the expected return rate. Let’s say I believe the BTC price will go up by 5% over the next 24 hours. I would set the T/P price at $4050. The math is also quite simple.c) LINE. The third method is a bit more complicated, as it involves some analysis. If we are opening position for short-swing trading, a widely-used price reference is a 5-day to 10-day average. If it’s a long run, we might have to take the history back for years, or for months in the case of the crypto world, and draw a trendline to make a rough prediction about the price in the coming months.The above keywords represent the three means most applied, but the logic behind each are way more complicated.For instance, some stock traders got very cautious and decisively made an order to take profit when alerted by an abnormally fast gain that flew high above the 60-day average. Well, this might not work exactly the same way in the crypto trading cases, but the basic concept is definitely worth noticing.Another alarming scenario in the traditional stock market, which is educational for anyone trading crypto, is when the market sees continuous gain and a sudden outrageously enormous amount of unit-time trading volume. Does that sound familiar? It does no harm to be cautious and to never rule out the possibility of a pump and dump.These might just be a few bricks of a trading skill tower, the most detectable anomalies that may trigger a T/P order, but don’t be scared. Stop-loss orders work very similarly, just in the opposite way.So, are you now interested in learning something that helps you die slower — sorry, I mean live longer — in the crypto market, and possibly even bring you a higher return rate? Let’s get moving!Stop-Loss Orders Keep Crypto Traders Alive, Take-Profit Orders Make Them Richer? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 08

Stop-Loss Orders Keep Cryp ...

Have you ever pondered over what the biggest stumbling block is on the way to getting rich via whatever sort of investment instrument?My answer would be the weakness of human nature.In retrospect of our investment track records, I’m sure we’ve all experienced such moments when we got greedy as the price of an asset went up, and expected the profits to further increase with blind optimism.On the other hand, while the price dropped, also with blind optimism, we expected the downward trend to stop soon. But guess what? The plunge never ended!Most of the time, these cases turn out to be just self-deception, which causes actual loss or loss in prospect interest.Fortunately, such self-deception is not a kind of incurable illness in the financial world, or even in the cryptocurrency area, thanks to these two trading tools — the take-profit (T/P) order and the stop-loss (S/L) order.I’d like to reiterate a point I made in an article posted previously, that human-beings may not be able to execute an order so precisely that it would look coldblooded, but a computer can. What we great homo-sapiens need to do is to give orders as rationally as possible.As the name suggests, a T/P order allows us to take the profit while we still can. Placing the order, in brief, involves setting a price at which to close the position for profit. There are three straightforward ways to calculate the T/P price, amongst others.a) POINT. Setting it at a specific point is the most straightforward one. The price of BTC at the time of writing this article is $3855.55, which I expect to hit $3905.0 before the end of the day, so I set the latter as my T/P price.b) RATIO. Another way is to set the price based on the expected return rate. Let’s say I believe the BTC price will go up by 5% over the next 24 hours. I would set the T/P price at $4050. The math is also quite simple.c) LINE. The third method is a bit more complicated, as it involves some analysis. If we are opening position for short-swing trading, a widely-used price reference is a 5-day to 10-day average. If it’s a long run, we might have to take the history back for years, or for months in the case of the crypto world, and draw a trendline to make a rough prediction about the price in the coming months.The above keywords represent the three means most applied, but the logic behind each are way more complicated.For instance, some stock traders got very cautious and decisively made an order to take profit when alerted by an abnormally fast gain that flew high above the 60-day average. Well, this might not work exactly the same way in the crypto trading cases, but the basic concept is definitely worth noticing.Another alarming scenario in the traditional stock market, which is educational for anyone trading crypto, is when the market sees continuous gain and a sudden outrageously enormous amount of unit-time trading volume. Does that sound familiar? It does no harm to be cautious and to never rule out the possibility of a pump and dump.These might just be a few bricks of a trading skill tower, the most detectable anomalies that may trigger a T/P order, but don’t be scared. Stop-loss orders work very similarly, just in the opposite way.So, are you now interested in learning something that helps you die slower — sorry, I mean live longer — in the crypto market, and possibly even bring you a higher return rate? Let’s get moving!Stop-Loss Orders Keep Crypto Traders Alive, Take-Profit Orders Make Them Richer? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 08

Stop-Loss Orders Keep Cryp ...

Have you ever pondered over what the biggest stumbling block is on the way to getting rich via whatever sort of investment instrument?My answer would be the weakness of human nature.In retrospect of our investment track records, I’m sure we’ve all experienced such moments when we got greedy as the price of an asset went up, and expected the profits to further increase with blind optimism.On the other hand, while the price dropped, also with blind optimism, we expected the downward trend to stop soon. But guess what? The plunge never ended!Most of the time, these cases turn out to be just self-deception, which causes actual loss or loss in prospect interest.Fortunately, such self-deception is not a kind of incurable illness in the financial world, or even in the cryptocurrency area, thanks to these two trading tools — the take-profit (T/P) order and the stop-loss (S/L) order.I’d like to reiterate a point I made in an article posted previously, that human-beings may not be able to execute an order so precisely that it would look coldblooded, but a computer can. What we great homo-sapiens need to do is to give orders as rationally as possible.As the name suggests, a T/P order allows us to take the profit while we still can. Placing the order, in brief, involves setting a price at which to close the position for profit. There are three straightforward ways to calculate the T/P price, amongst others.a) POINT. Setting it at a specific point is the most straightforward one. The price of BTC at the time of writing this article is $3855.55, which I expect to hit $3905.0 before the end of the day, so I set the latter as my T/P price.b) RATIO. Another way is to set the price based on the expected return rate. Let’s say I believe the BTC price will go up by 5% over the next 24 hours. I would set the T/P price at $4050. The math is also quite simple.c) LINE. The third method is a bit more complicated, as it involves some analysis. If we are opening position for short-swing trading, a widely-used price reference is a 5-day to 10-day average. If it’s a long run, we might have to take the history back for years, or for months in the case of the crypto world, and draw a trendline to make a rough prediction about the price in the coming months.The above keywords represent the three means most applied, but the logic behind each are way more complicated.For instance, some stock traders got very cautious and decisively made an order to take profit when alerted by an abnormally fast gain that flew high above the 60-day average. Well, this might not work exactly the same way in the crypto trading cases, but the basic concept is definitely worth noticing.Another alarming scenario in the traditional stock market, which is educational for anyone trading crypto, is when the market sees continuous gain and a sudden outrageously enormous amount of unit-time trading volume. Does that sound familiar? It does no harm to be cautious and to never rule out the possibility of a pump and dump.These might just be a few bricks of a trading skill tower, the most detectable anomalies that may trigger a T/P order, but don’t be scared. Stop-loss orders work very similarly, just in the opposite way.So, are you now interested in learning something that helps you die slower — sorry, I mean live longer — in the crypto market, and possibly even bring you a higher return rate? Let’s get moving!Stop-Loss Orders Keep Crypto Traders Alive, Take-Profit Orders Make Them Richer? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 08

Stop-Loss Orders Keep Cryp ...

Have you ever pondered over what the biggest stumbling block is on the way to getting rich via whatever sort of investment instrument?My answer would be the weakness of human nature.In retrospect of our investment track records, I’m sure we’ve all experienced such moments when we got greedy as the price of an asset went up, and expected the profits to further increase with blind optimism.On the other hand, while the price dropped, also with blind optimism, we expected the downward trend to stop soon. But guess what? The plunge never ended!Most of the time, these cases turn out to be just self-deception, which causes actual loss or loss in prospect interest.Fortunately, such self-deception is not a kind of incurable illness in the financial world, or even in the cryptocurrency area, thanks to these two trading tools — the take-profit (T/P) order and the stop-loss (S/L) order.I’d like to reiterate a point I made in an article posted previously, that human-beings may not be able to execute an order so precisely that it would look coldblooded, but a computer can. What we great homo-sapiens need to do is to give orders as rationally as possible.As the name suggests, a T/P order allows us to take the profit while we still can. Placing the order, in brief, involves setting a price at which to close the position for profit. There are three straightforward ways to calculate the T/P price, amongst others.a) POINT. Setting it at a specific point is the most straightforward one. The price of BTC at the time of writing this article is $3855.55, which I expect to hit $3905.0 before the end of the day, so I set the latter as my T/P price.b) RATIO. Another way is to set the price based on the expected return rate. Let’s say I believe the BTC price will go up by 5% over the next 24 hours. I would set the T/P price at $4050. The math is also quite simple.c) LINE. The third method is a bit more complicated, as it involves some analysis. If we are opening position for short-swing trading, a widely-used price reference is a 5-day to 10-day average. If it’s a long run, we might have to take the history back for years, or for months in the case of the crypto world, and draw a trendline to make a rough prediction about the price in the coming months.The above keywords represent the three means most applied, but the logic behind each are way more complicated.For instance, some stock traders got very cautious and decisively made an order to take profit when alerted by an abnormally fast gain that flew high above the 60-day average. Well, this might not work exactly the same way in the crypto trading cases, but the basic concept is definitely worth noticing.Another alarming scenario in the traditional stock market, which is educational for anyone trading crypto, is when the market sees continuous gain and a sudden outrageously enormous amount of unit-time trading volume. Does that sound familiar? It does no harm to be cautious and to never rule out the possibility of a pump and dump.These might just be a few bricks of a trading skill tower, the most detectable anomalies that may trigger a T/P order, but don’t be scared. Stop-loss orders work very similarly, just in the opposite way.So, are you now interested in learning something that helps you die slower — sorry, I mean live longer — in the crypto market, and possibly even bring you a higher return rate? Let’s get moving!Stop-Loss Orders Keep Crypto Traders Alive, Take-Profit Orders Make Them Richer? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 03. 08

Iceberg Orders in Crypto T ...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto T ...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto T ...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto T ...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto T ...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

Iceberg Orders in Crypto T ...

We have all experienced moments when we have been fascinated, or maybe even shocked, by the sudden revelation of the unknown aspects of our old friends’ personalities.Sigmund Freud, the founding father of psychoanalysis, had this very famous theory — iceberg theory — noting that the conscious mind is like the tip of the iceberg, while the subconscious and unconscious mind is like the part beneath the water which is way bigger than the surface you can see.Now, take a look at your neighbor, is he/she really who you think he/she is?Enough of the mess-around.Coming back to the point for today, the iceberg order (or the hidden order), which has been universally applied in the trading of traditional financial assets, is now widely used in the crypto world.Such orders are either not displayed on the order book at all, or not with the complete size — a size that is so enormous that it would inevitably twist the supply-demand balance significantly enough to trigger a drastic price fluctuation in seconds.Imagine that you acquired 10,000 Bitcoins in 2010 at the then peak price of $0.39, and now — despite the regrettable miss-out of the insane historical high in late 2017 — you decide to cash in and spoil yourself with a house in Beverly Hills, neighboring with a bunch of Hollywood stars.Although, it might be puzzling that a person who is so smart and has seen the great potential of Bitcoin since almost a decade ago would want to torture himself/herself by living in an area frequently hit by paparazzies.If that’s the case somehow, you wouldn’t want to offload your BTCs in a one-off sell order, as such a huge amount of “supply” would quickly lead to a price plunge, which would eventually cause you non-negligible loss.The situation is similar the other way around. A large-size buy order would swiftly boost the price as the market senses the heavy “demand”, making the buyer pay a lot more than a reasonable premium.However, with iceberg orders, one can find the way out of the above-mentioned dilemma.The large single order would be divided into smaller orders, with only a tiny portion of the total amount being seen on the order book. Accordingly, the deal would be executed progressively without tipping off the market and causing the trader a high impact cost.Now you might be thinking:Wait, I am not such crypto whale, quite the opposite actually. Why do I need to know about a tool that might in fact stop the sardines from taking advantage of the sharks, given that the latter usually eat up the former without blinking an eye?Simple. Because the tool exists and will be increasingly used in this ocean regardless of the sardines’ will.And now you might be thinking: fine, I quit, it’s not the game for me or any other small-scale traders.But let’s not jump to conclusions, shall we?For starters, it is the reality that the crypto world has been and will keep importing rules and tools from the traditional financial market, as the latter is indisputably matured. The iceberg order is a small instrument in the imported toolkit.In the sense of long-term development of the cryptocurrency world, there is no reason to shut the door towards a more advanced and healthier market.Secondly, it is a one-sided judgement to simply conclude that big sharks — institutional and large-scale professional individuals– do more harm than good to the market.On top of the occasional (maybe more often than that but hardly constant) exploitation of retail investors, they help to make thicker order books, and ultimately contribute to the global crypto market with better liquidity.Besides, the retail investor group is not necessarily the only counterparty of the big players — there are other institutional traders.We’ve all seen, or even been burnt by, the so-called “pump and dump”, when a malicious big player tried to wind the supply-demand curve and manipulate the price for unethical gains via a sudden large-volume order.However, if there happens to be an iceberg order from the counterparty side, the “P&D” wouldn’t work at all, or at least the impact would be cushioned, protecting retail investors to a great extent.Last but not least, there is no guarantee that any trading strategy, no matter how smart it is, will be executed impeccably every time. Iceberg orders are no exception.Here comes one trick shared by some traders that might help to identify an iceberg order.As, sometimes, the iceberg order is put in the bid-ask spread, a retail investor could put a minimum-size limit order with the price sitting in the spread, then cancel this order right after. If an iceberg order did exist as suspected, the deal would be executed outright with the cancelation order failing, costing the little trader almost nothing.So, you see, the sharks are not always undefeatable and, even better, they may sometimes be protective of sardines.Plus, why must a small sea animal be nothing but a sardine? It might be a baby shark!Still feel like it is pointless to put some effort into figuring out iceberg orders? Come on, you’re smarter than that.Iceberg Orders in Crypto Trading: A Retail Investor’s Poison, An Institution’s Meat? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 03. 01

KuCoin Weekly Report #28–2 ...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–2 ...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–2 ...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–2 ...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–2 ...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

KuCoin Weekly Report #28–2 ...

Listed ProjectsLoki (LOKI) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: LOKI/BTC and LOKI/ETHCaspian (CSP) was listed on KuCoin.Listed date: 2019/2/26Available Trading Pairs: CSP/BTC and CSP/ETHHotNow (HOT) was listed on KuCoin.Listed date: 2019/2/27Available Trading Pairs: HOT/BTC and HOT/ETHEnergi (NRG) was listed on KuCoin.Listed date: 2019/2/28Available Trading Pair: NRG/BTCCampaigns & PromosLoki (LOKI) Trading Competition: 5 BTC!https://www.kucoin.com/news/778-20HotNow (HOT) Trading Competition: Win 10 BTC!https://www.kucoin.com/activity/52Caspian (CSP) Trading Competition: 8 BTC + 460,000 CSP!https://www.kucoin.com/activity/53KuCoin NewsNew Tiered Trading Fee Discount Programhttps://www.kucoin.com/news/en-feeKuCoin Welcomes CCXT as the Official SDK Providerhttps://www.kucoin.com/news/771-20KuCoin Tech UpdatesKuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin to Adjust the Price Increment Unit from Feb 27th, 2019KuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support The Lympo (LYM) Upgrade and Token SwapKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Will Start the Metadium (META) MainNet Token SwapKuCoin Will Start the Metadium (META) MainNet Token SwapJanuary VTHO Distribution for VET Holders CompletedJanuary VTHO Distribution for VET Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary ONG Distribution for ONT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedJanuary GALA Distribution for ZPT Holders CompletedBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsBitTorrent (BTT) Initial Airdrop Distribution and Monthly Airdrop Program InstructionsFollow The KuCoin CommunityKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #28–2019/2/28 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 28

Want to Trade Flawlessly? ...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? ...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? ...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? ...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? ...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Want to Trade Flawlessly? ...

As I was listening to the radio on the way to work this morning, the DJ and his guests were talking about how developed western countries should learn from Japan how to better take care of the increasing aging population with robots.Indeed, smart machines demonstrate functional errors more often than we’d like to see — poor Amazon Alexa users, they have must be terrified when the virtual assistant suddenly burst into laughter in the middle of the night.However, robots (not really the humanoid kind though) also assist in various situations such as precision manufacturing, minimally invasive surgeries, disaster rescues and even bomb disposal.In the case that they go rogue, a machine can freak you out to death; If it stays on track, it may save you from death. So then, what’s the big deal about a laptop that can buy and sell some stocks by itself?Just like Michael Lewis said in ‘Flash Boys’ — a book about Wall Street high-frequency trading:“People no longer are responsible for what happens in the market, because computers make all the decisions.”Fine, he might be exaggerating a bit.It’s the flash boys, with their know-how in math, finance and coding, who make the actual final calls to trade.Coming up with an investment strategy is the first step, followed by designing an algorithm to do analysis across multiple markets and execute orders. When certain trigger conditions are met, the program will carry out the transactions in seconds WITH THE PROPER TOOLS.So, enough work for traders for now, it’s the trading platforms’ turn to do something.We all know that software developed by different programmers based on different coding languages don’t integrate just like that, magically with a finger snap.That said, no matter how clever the flash boys’ trading strategy is, it won’t work unless there is a proper tool to hinge their trading program and the platform’s trading engine.This is where Application Programming Interface (API) should step in, making it possible for different software to interact smoothly and efficiently.It has been utilized in the traditional financial world for years, and it is now also quite extensively applied in the crypto world.I bet you don’t want to know how much profit the early birds made by taking the first move advantage and applying high-frequency trading tactics via this particular tool. There is a story, by which I am strongly convinced, that a Chinese trader saw his/her RMB200 principal balloon to 80 Bitcoins between 2014 and 2017.Obviously the first mover advantage is long gone. Retail investors may ask why we should pay attention as it’s a little late to catch up. Well, I mean, isn’t being late truly just a concept of relativity?Let me ask you one simple question: do you believe that the crypto world will grow, in terms of both quantity and quality?If the answer is yes, you should be aware that: a) there will be millions of new retail investors flooding in; b) the market will be re-shaped in a better way as more professional, individual, and institutional investors walk in.Therefore, I have two follow-up questions for you, quite straightforward ones at that:a) Would you like to seize the chance — regardless of how slim it would be — to move faster than the newbies? (We have to admit, in many cases, it’s more of a zero-sum game, played fairly and openly of course.)b) Wouldn’t you like to catch up with the bigger players (like professional asset managers in the traditional financial world), if you were to decide to run your own portfolio rather than employ their expertise?Plus, there is one very strong reason for me if I am asked whether I’d like to put in some effort and learn to use the API for trading.That is, it’s the nature (or flaw) of human beings to be sentimental, or psychologically manipulated by mysterious and invisible hands such as mass behavior.And guess what, programs don’t have such an issue — at least not yet. They will execute your trading orders precisely and won’t be punished by fear or greed, which usually cause the missing-out of the perfect timing for damage control and stop profit.Your strategy, assuming it to be smart, will be implemented the way it should be — cold-bloodedly.Okay, enough about trading via API 101. Please come to KuCoin and try the V2.0 trading platform, which improves various functions, including API obviously.So, this turned out to be a publicity article. Surprise!!!Want to Trade Flawlessly? Too Bad You Are Not a Robot. was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 22

Can We Play Some Serious B ...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious B ...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious B ...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious B ...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious B ...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Can We Play Some Serious B ...

How do you usually kill your free time?For my Chinese New Year holiday last week, the answer includes, but is not limited to, family gathering, reading, binging TV shows, watching movies, doing puzzles, LEGO and, last but not least, video games.Needless to say, the gaming industry has been flourishing in recent years, scattering fertilizer over an even wider land of subculture on which there is an orbicular industry chain running.As game industry researcher Newzoo’s end-of-2018 report read, the global video game market value as of last year may approach US$135 billion, securing a 10 per cent year-on-year increase. At such a growth rate, if not faster, this industry will be able to generate US$200 billion of revenue by the end of 2022.In the blockchain world, the game sector is apparently no longer a secret treasure. According to Dappradar, among the total 1847 Dapps tracked, there are 1051 games — including gambling games.Regardless of the sad reality that only about 200 Dapps are still generating tangible volume over the past seven days, the blockchain enthusiasts’ manifesto for the game market has been heard loud and clear.However, I believe I am not the only one that has noticed that gambling Dapps dominate the existing blockchain game market, making up approximately 150 projects out of the total 200 active Dapps.In the current traditional online game arena, conversely, I would be very surprised if gambling game players were to outweigh players interested in role-playing games, action games, adventure games, strategy games, and shooting games.It is human nature to love gambling, which goes beyond just financial gain. I totally get it. I myself used to experience great excitement for a HK$20 bet that a random horse won for me in Hong Kong’s Happy Valley.But that kind of ecstasy and slight sense of achievement doesn’t last long.One of my veteran game-developer friends, who recently switched to crypto game making, told me that his team had half a dozen forthcoming substitutions on standby when the first gambling game was launched, as “gamblers will easily get bored with those simple and crude Dapps”.For the sake of a sustainable ecosystem, we appeal for serious blockchain games.Those small gambling games are undisputedly worthwhile experiments in the evolution towards a blockchain game future, but I believe the technology will eventually be applied in almost every node along the whole value chain of the game industry in a much more compound way.Blockchain’s nature of immutability will better help verify and secure the right of players’ virtual assets acquired in the game, the price of which could sometimes be unbelievably high.In 2014, Chinese internet firm NetEase’s online game Fantasy Westward Journey saw one virtual weapon being sold for RMB1.2 million (roughly US$177,000). This is not even close to the record-high US$6 million marked by a transaction of a virtual asset called Planet Calypso from the game Entropia.As for E-sport, I’d like to call it one of the most promising sub-sectors of the gaming industry, as it creates more sub-verticals with great economic potential which I am strongly convinced will be amplified by blockchain tech.For starters, fan economy. Last November, the S8 League of Legends Worlds 2018 final game, in which Chinese e-sport team IG won to become champions, attracted over 200 million Chinese viewers. Meanwhile, there are hundreds of millions of fans following dozens of other games around the world.I suppose it is very difficult to think less of such giant fan clubs in terms of purchasing power. Blockchain will help them carry out cross-border deals.Next, live streaming. Some of you might have heard about HUYA, a NYSE-listed game streaming company, which is now worth US$3.95 billion. Chinese social media and game giant Tencent also made a move in this area by partnering with blockchain-based game streaming platform SLIVER.tv.Thirdly, community management. This is straightforward as incentives are the key point of the token economy, which is naturally helpful in stimulating community members to actively contribute to the ecosystem via various approaches such as generating his/her own content and helping to organize online/offline events.Coming back to the technology itself as an infrastructure, we all know that one of the main pain points that game firms face is the high cost of HPS (High Performance Servers) due to the enormous data storage and exceedingly efficient data processing that is required.What if blockchain could cope with this issue for game companies by leveraging most of the idle computing power across the globe securely and swiftly while, at the same time, paying the computing power providers properly?So, the game walkthroughs are clear.Work hard, and play harder.Can We Play Some Serious Blockchain Games? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 15

Blockchain Payment in Chin ...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in Chin ...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in Chin ...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in Chin ...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Blockchain Payment in Chin ...

Last time, we sketched a future of blockchain-based government apparatuses running with much higher efficiency but lower cost, which I don’t expect to see come soon.Truly, it has never been easy to bring down the ruling class, not just because its authority is heavily secured by strong watchdogs, but also thanks to the non-political privileged stratum, which is tightly bonded to the top of the power hierarchy and would do everything to defend its vested interest.Blockchain technology, however, was born against all types of centralization — power is undisputedly the most classic case.Thus, it makes better sense to interpret mass adoption as commercial adoption of the technology. This is especially true in developing economies like China, where the market usually emphasizes on tangible achievements such as sustainable growth and profitability. Less utopian but more practicable.According to a PwC analysis, in terms of the general leadership in the blockchain area, the United States has so far established a clear lead as of end-2018. However, the consulting firm is strongly convinced that China, the runner-up, will be catching up fast and will alter the situation over the coming five years.If we are envisaging a competition over pure technology, market openness or regulatory activeness between the world’s largest two economies, I’d call it a very close game. If, however, it is a fight for the crown of best commercial adoption, China is a country with a 1.4 billion population.I am not saying that nothing else matters to make a killing blockchain application.For starters, as Lei Jun — Xiaomi’s founder and Chinese billionaire — used to say “even a pig can fly if it stands at the center of a whirlwind”. Marking the vertical most likely to be the next eye of the wind is critical.Secondly, solid technology is no less important. It’s impossible to maintain strong user stickiness in the case of frequent webpage crashes or forced terminations, no matter how cool the application was in the beginning.Thirdly, the user base should be strong enough the support scale economy, as it often fits in the large volume slim margin model to monetize the internet traffic.So, what might be the next big deal in China’s new generation internet battlefield? Several of my friends put their money on the place “closest to the money”- payment it is.Research entity iiMedia’s latest “2017–2018” China Third-Party Mobile Payment Market Report read that, in 2017, the country’s mobile payment volume topped RMB 202 trillion, while GDP of the year stood at $12.24 trillion, or RMB 82.1 trillion.And, wait for it, the online payment figure was RMB 2075 trillion. Boom!But please don’t get excited too soon.No one would deny China’s pole position in terms of the potential adoption of blockchain into online — especially mobile payment.The roadmap could be traced back to a decade and a half ago, when Alipay was launched in 2004. WeChat Pay is much younger, but no less sophisticated in either technology or business model.Thanks to these two big players, with the almost inexhaustible resource in hand, they significantly contribute to China’s progress towards a cashless society that has impressed the whole world.However, the two Mr. Ma’s (Alibaba’s Jack Ma and Tencent’s Pony Ma) together have taken over 90% of China’s third-party mobile payment market share — 49.9% and 40.7% respectively — and I bet they’d be very happy to see someone covet their cheese.Does it mean it’s a total daydream for a blockchain player targeting this arena? Not necessary.It may sound cliché, but technology is truly neutral. Why would Alibaba and Tencent turn down the opportunity to equip itself with advanced technology for expansion?So, there seems to be a few options: a) establishing blockchain-based payment methods from scratch b) proposing Tencent with a cutting-edge technology to fill the 10% market share gap between itself and Ali Pay c) proposing Alibaba with a solid technology to take over the other half of the market d) fighting both Tencent and Alibaba for the current 10% remainder of the market.In addition to being careful about stepping on giants’ toes, there are other red zones we don’t want to enter into.That is China’s regulatory minefield, obviously — to be continued.Blockchain Payment in China: Blue Ocean of Commercial Adoption, or Others’ Backyards? was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 02. 01

Tough 2019 Ahead for Real ...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Tough 2019 Ahead for Real ...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Tough 2019 Ahead for Real ...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Tough 2019 Ahead for Real ...

The glimmer of the US federal government reopening vanished, unsurprisingly, following the gain-less Senate on Day-34 of the shutdown.We’ve seen strong impact, politically and economically, across multiple state apparatuses, causing serious consequences, which I think might be eased if in the world with blockchain mass adoption.But again, I don’t have crystal ball, I have faith.According to an S&P prediction in mid-January, the closure might have caused approximately $6 billion in damage to the economy as of the end of the fifth week of the shutdown.True, it’s just a drop in the bucket compared to the world’s largest economy’s $20 trillion GDP in 2018. But we all have heard of theories such “butterfly effect”, or at least have a rough idea about “collateral damage”.Take common stock as an example, you invest in a listed firm with better-than-expected financial performance, or business expansion plans, or partnership with a leading company.It’s all about investors’ judgement call on the target’s prospect, or simpler, investor confidence — one of the major collateral damages caused by the US government shutdown.This might apply just perfectly to current circumstance. The disputable Mexican border wall plan, trigger of the chaos, was considered to be an intermittent going-rogue of President Donald Trump in the very beginning, even hilarious from an outsider’s perspective.However, what if it’s not? What if he decided to remain irrational henceforth?The meaningless fight between The Donkey and The Elephant over the border wall would bring nothing but internal political friction, which obviously is economically discouraging.Going longer, we might see serious consequences, prolonged and widespread.Investors might be pessimistic about the country’s real economy, which would further hit the stock market. Together with the Federal Reserve tightening up previously injected liquidity, it is likely to see a market with risk-averse sentiment.Elsewhere, the non-US markets, especially emerging countries with impressive performance but high correlation to the US, might suffer from mass retreat of the American speculators given weaker risk appetite and less easy money.Such consequences could either hardly do any good to economies like China and Europe — seems more self-dependent than smaller countries but still have their own problems — trade dispute, booming credit bubble, slowing-down GDP growth for the former, while for the latter, the deadlocked Brexit and France’s Yellow Vest riot, and the poor-performing economy in general.What a beginning for year 2019.We are looking at a tough year ahead, for the global real economy as well as our crypto world. Agreed. But where there is threat, there also is opportunity, we just need to look closer and dig deeper, sometimes use our imagination.So, I couldn’t stop wondering, what if blockchain technology had been widely adopted before the US government shutdown started, how would things go? Or let me put it this way, what if all the trust-related authorization processes could be executed on blockchain automatically?In terms of business behaviors, we will be able to see licenses, permits, certificates and other types of regulatory approvals being granted to enterprises smoothly and efficiently, which helps them to swiftly move to the next step, such as manufacturing, running marketing campaign and financing, and generate cash flows as soon as possible, ultimately contributing to the overall economy.For non-profitable sectors, the technology’s helpfulness is no less important.The National Transportation Safety Board of the country, due to the shutdown, couldn’t help Mexico to investigate the helicopter crash that killed the governor of the Mexican state of Puebla and her husband.The United States Geographical Survey, another apparatus affected by the closure, failed to share the data of the latest Sunda Strait tsunami with the Indonesian government.Going further to post-disaster issues, if blockchain had been adopted as a fundamental technology, all the data needed — from medical aid to financial aid — would be gathered, computed and utilized effectively enough, to help the victims get their homes reconstructed, and themselves recovered physically and psychologically.If we had entered into such era, the current US federal government shutdown — the longest one in its history — might just be a foreplay of a greater transformation to a government-less country, or an even more conceptual self-propelled global community.Fine. It is a very big if, I admit.I am too rational and pragmatic to expect seeing such revolution taking place in the near future. Nor would I be so starry-eyed to pin my hope on blockchain technology to cure one individual human-being’s insanity, or the nature of politics — different groups of people fighting for their own best interests.Scientific means are not supposed to fix problems of social attributes. But it surely could help release the pain caused by such flaws.Tough 2019 Ahead for Real Economy, What If Blockchain… was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

KuCoin Weekly Report #27–2 ...

Listed ProjectsV Systems (VSYS) was listed on KuCoin.Listed date: 2019/1/18Available Trading Pair: VSYS/BTCGrin (GRIN) was listed on KuCoin.Listed date: 2019/1/24Available Trading Pairs: GRIN/BTC, GRIN/ETH, GRIN/USDTKuCoin NewsKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Tech UpdatesKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin Supports BitTorrent (BTT) AirdropKuCoin Supports BitTorrent (BTT) AirdropKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaDecember VTHO Distribution for VET Holders CompletedDecember VTHO Distribution for VET Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support The Metadium (META) MainNet Token SwapKuCoin Will Support The Metadium (META) MainNet Token SwapFollow The KuCoin Global CommunitiesKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #27–2019/1/25 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

KuCoin Weekly Report #27–2 ...

Listed ProjectsV Systems (VSYS) was listed on KuCoin.Listed date: 2019/1/18Available Trading Pair: VSYS/BTCGrin (GRIN) was listed on KuCoin.Listed date: 2019/1/24Available Trading Pairs: GRIN/BTC, GRIN/ETH, GRIN/USDTKuCoin NewsKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Tech UpdatesKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin Supports BitTorrent (BTT) AirdropKuCoin Supports BitTorrent (BTT) AirdropKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaDecember VTHO Distribution for VET Holders CompletedDecember VTHO Distribution for VET Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support The Metadium (META) MainNet Token SwapKuCoin Will Support The Metadium (META) MainNet Token SwapFollow The KuCoin Global CommunitiesKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #27–2019/1/25 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

KuCoin Weekly Report #27–2 ...

Listed ProjectsV Systems (VSYS) was listed on KuCoin.Listed date: 2019/1/18Available Trading Pair: VSYS/BTCGrin (GRIN) was listed on KuCoin.Listed date: 2019/1/24Available Trading Pairs: GRIN/BTC, GRIN/ETH, GRIN/USDTKuCoin NewsKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Completes 5th Quarterly (Q4 2018) KCS BurnKuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Vietnam Meetup in Ho Chi Minh City (Jan 20, 2019)KuCoin Tech UpdatesKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin MainNet Swap of PAL Complete: Deposit and Withdrawal Services Now OpenKuCoin Supports BitTorrent (BTT) AirdropKuCoin Supports BitTorrent (BTT) AirdropKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaKuCoin Update of Projects Listed in the KuCoin Plus Trading AreaDecember VTHO Distribution for VET Holders CompletedDecember VTHO Distribution for VET Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember ONG Distribution for ONT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedDecember GALA Distribution for ZPT Holders CompletedKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support the Ethereum Constantinople UpgradeKuCoin Will Support The Metadium (META) MainNet Token SwapKuCoin Will Support The Metadium (META) MainNet Token SwapFollow The KuCoin Global CommunitiesKuCoin Now Supports Multiple Languages for Our Global CommunitiesKuCoin Weekly Report #27–2019/1/25 was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 25

Finding Liquidity in A Bea ...

Have you ever worshiped a monk or a Taoist priest for fortune-telling of your own? Believe or not, I have. Go ahead, call me superstitious. But if it’s about the future of blockchain industry, I am strongly convinced that — no need for a crystal ball — it is the futuristic technology.Despite that most governments share a rather conservative sentiment against the cryptocurrency area, there are also other opinions they have in common regarding the blockchain technology.It is hardly something blameful for government not to help foster the crypto market given that cryptocurrency might to some extent threaten the position of fiat money as the only mass-adopted payment method, which supports empowering the government with supreme political and economic authority.But blockchain solely is something different, it’s neutral. Guns don’t kill people, people kill people. Similarly, in good hands, blockchain technology should do nothing but good.Some may argue that it’s much easier saying than actually sticking to the faith, especially for those who have been suffering. True, but I made no exception losing a considerable amount of money if not a fortune, and I still have a dream of spring, when the cryptocurrency market revives and the blockchain sector prospers as the fundamental technology across various industries.However, if you don’t think it’s reasonable considering anyone — individual or institution — as the only source of information, about which you are absolutely right, why not start paying a little attention on what big players are doing?HSBC, one of the world’s largest bank with total assets topping $2.5 trillion, had reportedly settled over 3 million forex transactions worth $250 billion using blockchain technology in 2018, according to a CCN report.The bank even launched a blockchain platform — FX Everywhere — in February last year, and has processed 150,000+ payments ever since.I doubt that a giant bank with over century-and-a-half history would challenge government watchdog on controversy such as anti-money-laundering, over which the cryptocurrency world has been criticized the most. And yet, the financial institution made a rather pro-statement towards the basic technology explicitly via the above-mentioned notable moves.The Asia-focused British lender is not soloing in exploring this emerging tech space. In October 2018, HSBC together with 11 of its friends, including Standard Charter and BNP Paris, publicly backed blockchain-based trade finance platform eTrade Connect, aiming to improve the efficiency of cross-border trade financing.Moreover, there is one beautiful thing about increasing globalization — the barrier of establishing an internationalized enterprise is lowering, politically, economically, culturally and financially.In this specific context, for banks like HSBC and its peers, it means greater proportions of multinational company clients, the corporate treasurers of which will be more than happy to run sizable forex pools in a more efficient and agile way with the help of blockchain.If, however, the positive attitude from the business side is not persuasive enough, take a look at one of the world’s most famous (or maybe infamous for being greedy just like other Wall Street firms) investment bank’s approach in this arena.Goldman Sachs, according to public information, participated in two fundraising deals initiated by blockchain startups Axoni and Veem successively in mid-August and late-September 2018. The former is a distributed-ledger technology provider targeting financial institutions that raised $32 million from Goldman Sachs and a few other investors, while the latter is a blockchain payment platform attracted $25 million.Intercontinental Exchange (ICE), holding company of the New York Stock Exchange, also backed a cryptocurrency exchange Bakkt, which very recently raised over $180 million in its Series A Round — for reference, Facebook raised roughly $12 million in its Series A, while Tesla attracted $7.5 million in the same round.These guys, with their expertise in financial world, know-how covering various tech sectors, close relations with authorities and decades of experience sensing the market sentiment, they make serious calls.Still not buying it?Fine, you familiar with Placebo Effect? Consider my word as one. Just stick around wait and see, making sure to be one of the fastest movers once the starting gun sounds. DON’T GIVE UP FAITH.Finding Liquidity in A Bearish Market Episode 3: A Dream of Spring was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 18

Finding Liquidity in A Bea ...

Have you ever worshiped a monk or a Taoist priest for fortune-telling of your own? Believe or not, I have. Go ahead, call me superstitious. But if it’s about the future of blockchain industry, I am strongly convinced that — no need for a crystal ball — it is the futuristic technology.Despite that most governments share a rather conservative sentiment against the cryptocurrency area, there are also other opinions they have in common regarding the blockchain technology.It is hardly something blameful for government not to help foster the crypto market given that cryptocurrency might to some extent threaten the position of fiat money as the only mass-adopted payment method, which supports empowering the government with supreme political and economic authority.But blockchain solely is something different, it’s neutral. Guns don’t kill people, people kill people. Similarly, in good hands, blockchain technology should do nothing but good.Some may argue that it’s much easier saying than actually sticking to the faith, especially for those who have been suffering. True, but I made no exception losing a considerable amount of money if not a fortune, and I still have a dream of spring, when the cryptocurrency market revives and the blockchain sector prospers as the fundamental technology across various industries.However, if you don’t think it’s reasonable considering anyone — individual or institution — as the only source of information, about which you are absolutely right, why not start paying a little attention on what big players are doing?HSBC, one of the world’s largest bank with total assets topping $2.5 trillion, had reportedly settled over 3 million forex transactions worth $250 billion using blockchain technology in 2018, according to a CCN report.The bank even launched a blockchain platform — FX Everywhere — in February last year, and has processed 150,000+ payments ever since.I doubt that a giant bank with over century-and-a-half history would challenge government watchdog on controversy such as anti-money-laundering, over which the cryptocurrency world has been criticized the most. And yet, the financial institution made a rather pro-statement towards the basic technology explicitly via the above-mentioned notable moves.The Asia-focused British lender is not soloing in exploring this emerging tech space. In October 2018, HSBC together with 11 of its friends, including Standard Charter and BNP Paris, publicly backed blockchain-based trade finance platform eTrade Connect, aiming to improve the efficiency of cross-border trade financing.Moreover, there is one beautiful thing about increasing globalization — the barrier of establishing an internationalized enterprise is lowering, politically, economically, culturally and financially.In this specific context, for banks like HSBC and its peers, it means greater proportions of multinational company clients, the corporate treasurers of which will be more than happy to run sizable forex pools in a more efficient and agile way with the help of blockchain.If, however, the positive attitude from the business side is not persuasive enough, take a look at one of the world’s most famous (or maybe infamous for being greedy just like other Wall Street firms) investment bank’s approach in this arena.Goldman Sachs, according to public information, participated in two fundraising deals initiated by blockchain startups Axoni and Veem successively in mid-August and late-September 2018. The former is a distributed-ledger technology provider targeting financial institutions that raised $32 million from Goldman Sachs and a few other investors, while the latter is a blockchain payment platform attracted $25 million.Intercontinental Exchange (ICE), holding company of the New York Stock Exchange, also backed a cryptocurrency exchange Bakkt, which very recently raised over $180 million in its Series A Round — for reference, Facebook raised roughly $12 million in its Series A, while Tesla attracted $7.5 million in the same round.These guys, with their expertise in financial world, know-how covering various tech sectors, close relations with authorities and decades of experience sensing the market sentiment, they make serious calls.Still not buying it?Fine, you familiar with Placebo Effect? Consider my word as one. Just stick around wait and see, making sure to be one of the fastest movers once the starting gun sounds. DON’T GIVE UP FAITH.Finding Liquidity in A Bearish Market Episode 3: A Dream of Spring was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

KuCoin Shares

19. 01. 18

Finding Liquidity in A Bea ...

Assuming we agree that the overall sentiment towards cryptocurrency is about to further weaken over the coming months, the questions would be how to seize opportunities without fighting against the trend too hard to get yourself burnt.Here come the short answers:Where would the market go? South.How should we trade? Shouldn’t.What could we invest in? Few.But the real case is never this simple, shouldn’t we be either.From where I stand, I see our users, a certain proportion of who are retail or small-volume investors, being much less active in trading. This accordingly leads to smaller volume, in other words, liquidity dry-out or thinner order book, which in return discourage more users from trading.It’s reasonable. Retail investors who have less access to information, expertise and data for making decisions need to trade in a market that is large and efficient enough, as in such market, the momentum (either upward or downward) would be so strong that it’s hard for them to resist the trend — less likely for a catastrophic loss, or an over-joyful profit.However, just like the western and eastern cultures have completely opposite interpretation of Dragon, one man’s trash may be another man’s treasure. When it comes to professional traders, or institutional investors, or you could call them large-volume users in general, the scenario is very different.What distinguishes these market forces from smaller participants most prominently is that the big fishes calculate, and we here are talking about seriously head-scratching math.Let’s leave the malicious speculators (or exploiters) out for a second — although there certainly are some always seeking to gank the weaker ones — other large-volume players with resources and know-how look into fundamental carefully.Such diligence might be comprised in an insanely bullish market, as a SECOND thought might cost million-dollar profit under that circumstance, where controversial targets may outrun those with solid fundamentals given that the blindly upward market amplified the positive driven factor while easily hid the risk.But a slow market allows them to take as much time as they should to dig down to the bottom layer, to truly dissect the fundamental and identify target with potentials. This, in the longer term, will surely be helpful to cultivate a healthier and more efficient market.Plus, I believe after the quarters-long and still ongoing correction to the frothy market, more big players from outside, traditional financial market participants specifically, will be lining up to step into the crypto world.That’s why KuCoin has shed a light on developing and optimizing the functions serving large-volume users in building the Version 2.0 trading system, on which various functions will be offered, including but not limited in orders like fill-or-kill, immediate-or-cancel and good-till-time. Additionally, API as one major tool for professional investors has also attracted significant attention.You ask what about existing retail investors? Better liquidity, more efficient market place, thicker order book, smart counterparts — nah, maybe not the last one — anyways, why wouldn’t they turn down the chance to be offered more options?Elsewhere, I have been noticing an interesting phenomenon recently, which I also consider to be some kind of “dragon” — tokenization of traditional internet projects.The bright side of such targets is that they usually are built on a big existing user base, which hopefully are able to direct a certain portion of the traffic to the blockchain world. However, there also is this tricky question — does the blockchain technology truly add value to the original project?The answer is critical, as such projects are usually those trying to find their way to survive a fierce competition (where they have limited advantage). Only if this new-generation internet technology equipped the target with something unique, it might have a game. Otherwise, it hardly is something rather than a waste of time and money.Thus, ride the eastern dragon to the moon, or be eaten up by the western dragon? Be vigilant, my friend.So, to wrap up, here come the longer answers for the previous questions:Where would the market go? Volatile, but from immature to mature, from disoriented to efficient in the long run.How should we trade? Do some homework and learn, the fundamental matters.What could we invest in? Value coins, maybe think about buy-and-hold strategy.Finding Liquidity in A Bearish Market Episode 2: Ride the Dragons was originally published in kucoinexchange on Medium, where people are continuing the conversation by highlighting and responding to this story.

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19. 01. 11

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주요 코인 시세 *2019년 03월 27 기준

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