It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
The Alternative.me website analyzes emotions and sentiments from different sources and crunches them into one simple number called The Fear & Greed Index for Bitcoin and other large cryptocurrencies. The crypto market behavior is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. The idea of the Fear and Greed Index is simple – to save you from your own emotional overreactions. According to Bittrader research, extreme fear can be a sign that investors are too worried and that could be a buying opportunity, while when Investors are getting too greedy, that means the market is due for a correction.
The different factors that create the value of the Crypto Fear and Greed Index are: Volatility (25%), Market Momentum/Volume (25%), Social Media (15%), Surveys (15%), Dominance (10%) and Trends (10%). The current value of the index is 14 which is considered Extreme Fear and you can see the results in the price drop of Bitcoin and other major crypto currencies in the last few hours. It is interesting to note that yesterdays index was at 17, so Extreme Fear as well (though slightly less than today). Do note that the lower the number, the higher the Fear is, the higher the number, the higher the Greed is. And in situations of Extreme Fear come the good opportunities, though do not forget that risk is also high!
– For more details about the Alternative.me’s Crypto Fear and Greed Index…>
Since it is CPU mining most likely some CryptoNight coins are being mined and since a single processor cannot mine that much, the CryptoTab Browser also helps you earn more BTC by inviting friends to try and use it. Again don’t expect to make a lot of Bitcoins mining this way via the browser, but it could be a nice extra running at a low priority and not bothering you while you do your job. The minimum amount you can withdraw is just 0.00001 BTC or 1000 satoshi.
– For more information and to try crypto mining with the help of the CryptoTab Browser software…
Forkmaps is an interesting open project still in development for providing a useful visual representation of all CryptoNote-based coins and their forks, along with additional information for every CryptoNote coin out there. The project currently lists 236 coins and you can quickly and easily find the links between the main coins and their forks, along with what kind of CryptoNight algorithm is uses and links o useful resources for each of the coins. It can be an useful source of information as well as an interesting tool to research more into a crypto project based on CryptoNote, so you might want to check it out and find something interesting.
– For more information about the Forkmaps project listing CryptoNote coins…