MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Bitcoin analysis for 27/03/2018

The new series of paintings by Andy Bauch called "New Money" combines art and crypto technology by hiding abstract codes in his Lego graphics. The paintings show private keys to wallets containing up to $ 9,000 in cryptocurrencies. Buying a given work does not mean that you become the owner of a private key because anyone who decrypts the code will be able to take money for themselves. Bauch, however, said that the buyer of each image will give a hint.

The exhibition, which took place at Castelli Art Space in Los Angeles on March 23-25, also included live transmission of changes in the value of tokens in each private key. The content of each portfolio remains unchanged for now, which means that no one broke any of the codes, or simply did not transfer the money. Images can be purchased at prices ranging from $ 1,500 to $ 4,800, but the price does not reflect the value of tokens in a given wallet.

For this particular artistic project, Bauch in 2016 began to buy various cryptocurrencies, including Bitcoin and Litecoin. He then used their private keys to generate an abstract pattern using an algorithm that allowed for their own aesthetic changes as long as they did not affect the validity of the secret code. The artist claims that through his work he tries to fill the gap that often exists between new technology and humanity.

"Blockchain, cryptocurrency technology, can help artists obtain ownership of their projects" - said Daniel Zhai, general manager of the INK platform. Zhai spoke in December last year about the possibilities of his platform based on Blockchain technology, which can help artists tokenize their projects, as well as offer space for crowdfunding in digital currencies.

Let's now take a look at the Bitcoin technical picture at the H4 time frame. The market dropped below the 61% Fibo support and made a new low at the level of $7,500 as the wave C of the corrective wave 2 is extending. The invalidation level for the current impulsive upward scenario is at the level of $7,269. Any violation of this level would open the road towards the next important technical support at the level of $5,829.

analytics5aba122e48b80.jpg

The material has been provided by InstaForex Company - www.instaforex.com