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BitcoinChain.com: Alternative Analytic Resource Bitcoin Traders

Jayanand Sagar | March 17, 2014 | 11:57 am
Uncategorized

BitcoinChain.com: Alternative Analytic Resource Bitcoin Traders

Jayanand Sagar | March 17, 2014 | 11:57 am

BitcoinChain Website

Would you consider yourself to be a chart fanatic? Do you keep your charts from BitcoinWisdom and Bitcoinity up all day? Well here’s another analytical service you may want to look into (and please excuse me if you’ve already heard of it, as this is my first encounter with it).

It’s called BitcoinChain.com, and it’s goal is to help users “make more informed decisions when it comes to processing transactions with the crypto-currency.”

Users can view data in USD, RUB, and EUR via the exchange of their choice: BTC-e, Bitstamp, or Mt. Gox (which is strange because Gox is now defunct).

“Bitcoin trade is just like any other financial trade that involves opportunities to sell and buy based on market sentiment, fundamentals and technical analysis. Traders need to be up to date on the latest market analysis concerning major exchange services such as BitStamp,” a spokesperson from BitcoinChain was quoted as saying. “Bitcoinchain.com offers traders just that and provides traders access to information about essential factors that affect the trade such as block generation and bitcoin mining.”

The company touts features that allow the viewing of market patterns, block generation, and comparing mining pools. Users can also view mining pool speed and network difficulty.

According to the press release, “An employee for the service also argues that Bitcoinchain.com is the only market analysis website of the type that offers traders block lists of blocks that generate recently while displaying the specific mine pool that generates it.”

BitcoinChain will also allow the end user to view the block chain and their wallet balance in real time.

Check it out at BitcoinChain.com.

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NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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