From triggering the dMAmapping⇗⇗⇗⇗⇗⇗ buy alert, BitBean BITB has seen a staggering growth of no less than x 22.70 to the current price of $0.003473. Remains bullish.

Cryptocurrency News: #Investors-Group

#BitBean Price Chart

BITBEAN.png

#BitBean #dMAmapping⇗⇗⇗⇗⇗⇗ Screen

BITBEAN dMAs screen.png

#BitBean triggered a #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert Signal on 17-Apr-2017 at $0.00015.

From triggering the #dMAmapping⇗⇗⇗⇗⇗⇗ buy alert, #BitBean has seen a staggering growth of no less than x 22.70 to the current price of $0.003473.

With a current Market Capital of approx. $8m and Ranked No.275 in the #CryptoCurrency Market, #BitBean has seen an explosive growth these last 7 months.

We maintain a BULLISH recommendation on #BitBean and will continue to monitor the technical analysis over the next few weeks/months.

Thanks again for reading.

Stephen

Please feel free to use the #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and Investment related Blogs.

Investors-Group logo.png

Sort:  

Very good post.
and very useful.
I have Resteem and Upvote your article for progress and forward together.
Steemit

For thos who don't know about BitBean

BitBean's (Ticker: BITB) is a new crypto currency designed for scale-ability, speed and lightning fast transactions! It features an innovative Proof of Stake algorithm that more closely resembles traditional Proof of Work crypto currencies. BitBean is the first crypto to implement 20MB blocks, based off Gavin Andersen's proposals to fix Bitcoin's scale-ability limitations.

About BitBean Proof of Work phase
SHA-256 ASIC mining is energy efficient so it was chosen as the algorithm for the pow period. After initial distribution of 10,000 blocks, to those who mined all around the world, BitBean became a pure Proof of Stake (PoS) crypto currency. PoS was active during the PoW mining period, so about a third of those 10,000 blocks issued were proof of stake blocks. BitBean's money supply is currently over 600 million virtual beans created. The amount of existing BitBeans is still small compared to the maximum cap of 50 billion BitBeans that are yet to be created with pure Proof of Stake. Proof of Work is a great way to initially distribute coins. It is certainly better than an IPO or ICO where almost always the developers and insiders buy all the coins. This makes for massively pre-mined coins. BitBean had no premine or IPO.

About BitBean innovative Proof of Stake
BitBean's Proof of Stake is different from other PoS crypto currencies. BitBean requires 6 hours for beans to mature before they are eligible to stake a block. In addition, unlike other PoS crypto currencies, BitBean creates new blocks using a similar approach as PoW crypto currencies. Blocks which are found are static blocks similar to PoW. Each PoS block reward is 1,000 virtual beans. This is a much better form of proof of stake than determining rewards based on a percentage basis. Crypto currencies are supposed to be a payment system. BitBean's PoS encourages people to actually process transactions instead of hoarding their coins. Hoarding coins and only processing transactions rarely to collect an interest payment, does not make for a good payment transaction network.

How can I buy and hold Bitbean?

They are on a few exchanges. Get the bit bean wallet, hold and stake you beans and see beans sprout!

I love bit beans and their little sprouts :)

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.037
BTC 94664.56
ETH 3431.72
USDT 1.00
SBD 3.88