In a new application of blockchain technology, the Betrium ICO is looking to the lucrative $533 billion global gaming industry for potentially handsome returns. A group of entrepreneurial developers, all graduates from MIT and MIPT, are now offering the first “worldwide betting service” that is partly decentralized. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

You can learn more about Betrium, follow its industry-leading team, read the project’s whitepaper and check out the roadmap on its official website. Based on multiple technical quantitative indicators, the current forecast for Betrium in 2023 is bearish. This could be an indication that Betrium is a bad buy in 2023. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Betrium or not. The current Betrium sentiment is bearish according to our technical analysis.

What is Betrium’s 14-day RSI and what does it indicate?

The ongoing Betrium crowdsale offers a unique opportunity for the cryptocurrency and online betting community to be part of an industry-wide going platform. Those taking part in the pre-sale stand to gain the Betrium tokens at a heavily discounted price. In addition to the bonus, token holders also stand to enjoy a 50% profit share distributed among the token holders. Moving averages are among the most popular Betrium price prediction tools.

An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Betrium investors’ sentiment, and is based primarily on Bitcoin-related market data. Betrium works globally and supports cryptocurrency withdrawals all over the world.

ICO Stages

Investors will be able to view the stats of their holdings on the investor’s dashboard and determine the token price. Betrium demo platform presents an equal opportunity for the event organizers to gain profit from the bet. The highly-accessible interface of Betrium facilitates both new and experienced users. Betrium offers Open API for developers and encourages betting bots and third-party betting service providers. The creators of Betrium, following their much broader vision are also working on offering additional features on the platform to provide a user-friendly ecosystem. The volatile nature of cryptocurrencies makes handling them a gambling of sorts and Betrium minimizes the impact of market conditions for users by providing volatility stabilization on the platform.

The highest price since the last cycle low was (cycle high). If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact with detailed information about your concerns. In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. However the bets are broadcasted all over the network instantly for the odds to be recalculated.

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As a “platform for organizers”, Betrium provides specialized solutions to partners – like event organizers – that want to earn money. Each owner of a Betrium Network account can create custom events, then start earning on betting activity in just a few clicks. E-game organizers, or players, can create the match on Betrium, add potential outcomes, and publish it.

As the name suggests, a moving average provides the average closing price for BTRM over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for BTRM is a sum of BTRM’s closing prices over the last 12 days which is then divided by 12. The platform will charge astonishingly low commissions than the industry average. A 0-1% fee will be charged on money deposits, withdrawals, and winnings. Not only will the trezarcoin price platform support fiat currency but also popular cryptocurrencies such as BTC, ETH, LTC, XZC, and DASH.

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Event organizers, e-sport streamers, and small sports leagues are also in need of a platform to develop their own betting events. Many cryptocurrency traders pay close attention to the markets when the current Betrium price crosses an important moving average like the 200-day SMA. One of the reasons Betrium can provide the above benefits is because bets occur off-chain. The bets are only added to the blockchain when the event happens and the outcome is undeniable.

• Reached its highest price on when it was trading at its all-time high of , while lowest price was recorded on when it was trading at its all-time low of .
• Finally, we will provide a powerful Public RESTful API so developers may create as much betting bots as possible.
• A secondary coin offering (SCO) will take place at some point in the future.

The platform will support popular cryptocurrencies including BTC, ETH, LTC, XZC and DASH with only.1 percent commission on money deposits, withdrawals, and winnings. Plus, Betrium executes all transactions off-chain thus providing fast betting services with minimal taxes. Betrium aims to create a blockchain-based sports betting platform that offers major advantages over centralized competitors. The platform consists of a unique “semi-decentralized” system where not all information is instantly recorded on the blockchain at all times. Some transactions take place off-chain, while betting activity is recorded on-chain.

Betrium

Gambling already take a part in most people lifes and the Market Review illustrates this. We do not respect traditional betting services due their unfair conditions and other problems described in “Problems” section. “That means, in contrast to competitors, we are able to provide [a] high-speed betting service built on decentralized IT architecture.” The off-chain nature of betting results in faster user speeds. Betrium is also committed to offering odds on every sporting event from around the world, a comprehensive offer that doesn’t curtail gamers’ options. His knowledge in the gambling and exchange industry is elite.

In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). The Betrium decentralized betting service is launching its token sale for BTRM tokens. These tokens are ERC20 tokens built on Ethereum technology. The ICO will offer a total of 140M BTRM tokens in two stages. Moreover, the platform will be open to third-party users who want to host competitions or otherwise utilize the platform’s functionality, as well as developers who can employ Betrium’s open API. The ICO will take place between April 5, 2018 to May 14, 2018, and will accept both bitcoin and ether as payment.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. High Commissions and Fees
— 1-3% commission on money deposits. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Betrium. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.

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14 million tokens (10% of the total supply) will be issued during the pre-ICO. Secondly, Betrium offers an event platform in association with blockchain technology to broadcast events and sports streams so that users have immediate viewing access to their events. However, personally, I bet more on our franchise solution. Betrium is located in Europe and our team of analysts and traders are mostly focused on soccer, tennis, and basketball. We canʼt know what happens on different local Asian markets and we donʼt know exactly how to promote Betrium there.

• Betrium’s crowdsale is starting from February 28, 2018, where the platform will put 77,000,000 BTRM tokens on sale.
• Using Betrium, users will enjoy an improved experience transacting on the platform, no matter where they are in the world.
• Betrium offers unique cryptocurrency volatility stabilization for its users — meaning balances are fixed in virtual USD/EUR, preventing users from massive losses from unexpected cryptocurrency dumps.
• These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates.

For more information on how the funds will be distributed throughout the project or to learn more about the team behind the scenes, please visit Betrium’s website and read their whitepaper. First, Betrium hopes to reach maximum visibility by expanding to over 25 different countries through the support of decentralized currency. For more information about Betrium, please visit betrium.co and download the project whitepaper.