Fishing Skills on Dragon’s Tale Can Help Win Bitcoin

Humans have been catching fishes since they started wading into the water. Studies have shown that the practice of fishing dates back to as long as 40,000 years. Various fishing techniques have been developed since then. We do not have to rely upon fish hooks made from bones but with specialized fishing rods, hooks, and nets that can be used to catch fishes more efficiently than the ancient man.

People started fishing for food, soon they graduated from necessity to recreation. Recreational fishing is a well-known outdoor activity among many people. With better tools, fishing has gained a lot of attention from people of different age groups.

Fishing is one of the mini-games available on Dragon’s Tale. Dragon’s Tale is a bitcoin based massive multiplayer online roleplaying gambling game. The game is developed by eGenesis, a company that has also developed a well-known game – A Tale in the Desert. It is a unique game that presents bitcoin gambling game as a role playing game instead of an online casino format. Dragon’s Tale includes a long list of mini games that allow players to place bets and earn more bitcoin.

Fishing is one of the mini-games on Dragon’s Tale. Players get to fish from multiple ponds. The fishing games can be broadly classified into two categories – Skill based fishing and Luck based fishing. Those interested in playing luck based fishing games can opt to fish in Bamboo Pond, Coconut Pond and Willow Pond.

Similarly, the ones interested in skill-based fishing can pick any one of the following ponds – Buckwheat Pond, Millet Pond, Oats Pond, Rice Pond, Popcorn Pond and Triticale Pond. These skills based fishing games are also called Rack Fishing ponds. There are racks with various kinds of fishes scattered across the game. Players can go there to start fishing.

Compared to luck based fishing game, skill based games requires the player to take certain decisions depending upon various factors including the number of times the player has won or lost the wager in the past consecutive games. Each pond has a different entry fee, which the user has to pay to start playing any of the fishing games. For example, a turn to fish in the Millet Pond is around 56K Satoshis. However, the winnings for different catches and different combinations is not same as the other one.

Few of the fishes on Dragon’s Tale includes Snakehead, Gobi, Mrigal, Barrumundi, Tambaqui, Walla, Featherback, Gouramio, Sorumbin, Stingray, Barb and Catfish,

If you are a fan of fishing and Dragon’s Tale sounds interesting, you can download it here and start playing.

The opinions expressed in this article do not represent the views of NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories such as this one. 

Subscribe to our newsletter

In this morning’s analysis, we noted that the latest action in the bitcoin price allowed us to bring a step-up strategy into play; specifically, shifting our key levels to the upside on every move in line with the overarching bias, in anticipation of a continuation. Unfortunately, we seem to have come to a corrective phase, and that’s made our strategy difficult to execute. We got into a trade a little earlier today, but having failed to pick up any real upside momentum, the bitcoin price broke back to the downside and took out our stop. Having said this, we bounced from the level we slated as resistance and now trade at a level pretty much identical to where we started the day – mid range on this morning’s definition.

This gives us an opportunity to replay this morning’s strategy this evening, with some slightly altered levels that take into account recent movements. So, as we head into tonight’s session and beyond into the Asian Friday morning open, where are we looking to get in and out of the markets on any volatility? Take a quick look at the chart to find out.

Screen Shot 2016-02-18 at 16.26.28

So, as the chart shows, we’ve shifted the range we defined this morning slightly to the upside, and are now using the most recent swing high (the failed upside break) as in term resistance – specifically 424.91. To the downside, 417.31 gives us in term support. We could go as low as 415 for this one, but 417 is a little more aggressive.

So, to the upside, if we can break and close out above in term resistance, it will put us in a long entry towards 430 flat. With a nice fundamental kick, there’s no reason we can’t hit this level and beyond before the close of the US session.

To the downside, a close below support at will put us short towards an initial downside target of 412 – the most recent spike down and a nice distance from entry. A stop on this one just above support defines risk.

Charts courtesy of Trading View

Bitcoin ransomware has been a topic of substantial discussion in the media throughout 2015, and the year 2016 does not seem to be changing that anytime soon. There have been numerous reports of this type of attack against companies and individual users, even though there are a few easy steps to avoid ransomware from infecting one’s device. Bitcoin is not to blame for these attacks by any means, only the people who create this software. Although the ones who pay the ransom are partially to blame as well.

Also read: Digital Asset Holdings Signs Non-Exclusive Blockchain Deals with Accenture and Broadridge

Brief Introduction To Bitcoin Ransomware

For those readers unfamiliar with the concept of Bitcoin ransomware, we should take the time to briefly explain what this phenomenon is all about. Whenever a computer is affected by ransomware, nearly all necessary files will be locked – or encrypted – with a particular password. The end user has no idea what this password could be, nor can they regain access to their files.

The – allegedly – only way to restore file access is by paying a sum of money to the person responsible for infecting one’s device. In most cases, this amount can only be paid in Bitcoin, which a lot of people see as an anonymous digital currency, even though it is not. Hackers feel safe accepting Bitcoin payments, as they think people will not be able to trace the funds. Unfortunately for them, the blockchain keeps track of all resources in real-time, and is publicly accessible, making the digital currency anything but anonymous.

As one would come to expect, consumers and even IT professionals tend to panic when they are infected with Bitcoin ransomware, as they see no other option than paying the money. However, there are certain precautions people can take to either ignore the infection altogether or obtaining the decryption key – or password – to regain access to their files without paying anything.

Preventing Bitcoin Ransomware Attacks

It is no secret how ransomware attacks will only occur due to a mistake by the end user. Similarly to how most of the malicious software in the world reaches critical mass, computer users need to stop clicking unknown links, especially when they are sent via social media or email. Even if that message comes from a family member or friend, never click any link included in the message to avoid ransomware, malware, or any other type of software infection.

Secondly, there is no need to install new software when prompted to do so. If a user is opening a link to a video on a website, and a popup appears to install additional software, click it away or leave the site immediately. Nearly all of these popups and websites are created for malicious purposes, such as spreading ransomware.

Granted, there is only so much that can be done regarding preventive measures. Now and then, someone will click a link they shouldn’t have, or open an email attachment containing Bitcoin ransomware. But when disaster strikes, there is still no need to start panicking all of a sudden. There are other precautions to take in the event of getting infected with this ransomware, by restoring access to files without paying the Bitcoin amount.

Backups Are Critical For Individuals And Companies

Needless to say, computer security is of the utmost importance to any user, regardless of whether it is a home computer or company machine. Regular backups are needed in every type of situation, and Bitcoin ransomware is a scenario in which a backup will be extremely useful.

Rather than paying the ransomware fee itself – which should always be a last resort – one can just regain access to their files by reverting to a backup before the Bitcoin ransomware infection took place. While this may lead to some missing information, at least the computer becomes usable once again. Reverting to an earlier backup saves a lot of time and money, instead of paying the Bitcoin sum.

Which brings us to the final piece of information users need to keep in mind at all times. Even if one were to pay the Bitcoin ransomware sum, there is no guarantee the hacker will give the password or decryption key to restoring access to one’s files. There are plenty of preventive measures to take, and users have no excuse to justify paying in Bitcoin when their PC is infected with ransomware.

Partial Source: PC World

Digital Asset Holdings is one of those companies who keep making media headlines these days. The blockchain startup, led by Blythe Masters, has recently signed a strategic business deal with Accenture. As a result of this collaboration, Digital Asset Holdings will gain additional resources and expertise while partnering companies will get access to their distributed ledger technology solutions.

Also read: Bitcoin Price Watch; More Upside to Come?

Non-Exclusive Business Relationship With Accenture And Others

It is not the first time Digital Asset Holdings signs strategic partnerships with major players. Just a few weeks ago, the company announced how PricewaterhouseCoopers had shown an apparent interest in their distributed ledger technology for financial purposes. At the same time, this news served as another notch on the belt of the Blythe Masters blockchain startup.

Both Accenture and Broadridge have joined forced with Digital Asset Holdings as well, bringing a lot of knowledge and expertise to the blockchain startup. What makes these agreements of particular interest is how they are non-exclusive, allowing all involved parties to sign future deals with other companies and service providers as they see fit.

One fundamental issue about the blockchain that needs to be addressed sooner rather than later is figuring out how distributed ledger technology can be scaled in the future. Strategic relationships with companies such as Accenture, PwC, and Broadridge will spur further innovation and growth in the blockchain space.

Most of the focus of the solution offered by Digital Asset Holdings lies in the financial sector. Distributed ledger technology can help reduce costs, errors, and even capital requirements for any company active in finance.The Blythe Masters-led blockchain startup can now continue to expand their reach across major companies while ensuring they deliver top notch services to all of their clients around the world.

Accenture’s Global Capital Markets Practice Manager Owen Jelf stated:

“The potential for Distributed Ledger Technology to bring innovation to the financial services industry is clear. Developing and implementing the technology on an industrial scale is the next step. Our close collaboration with Digital Asset will help financial institutions realize this potential, bringing new levels of efficiency and revenue.”

The main reason a partnership between Digital Asset Holdings and Accenture is so important is because consulting and system integration services will be provided to clients exploring the blockchain space. Moreover, Accenture will offer a broad range of services, including business case assessments and cybersecurity advice.

The Involvement of Broadridge

Broadridge, on the other hand, brings expertise and resources to the table. This will help Digital Asset Holdings to drive adoption of innovative business use cases by leveraging Broadridge’s network of capital market clients. Furthermore, the blockchain startup will be able to set a new standard for quality and efficiency of service in post-trade solutions.

Vijay Mayadas, Global Head of Strategy Broadridge Financial Solutions explained:

“Digital Asset’s Distributed Ledger Technology combined with Broadridge’s breadth of expertise and resources to deliver post-trade solutions for top global banks across 70 countries will accelerate our shared mission to advance efficiency, security and compliance across the global Capital Markets.”  

Strategic partnerships like these are of incredible value for a blockchains startup such as Digital Asset Holdings, especially when keeping in mind how all of these relationships are non-exclusive. Future innovation in the blockchain space should not be hindered by archaic agreements, as distributed ledger technology is designed to be used by anyone and everyone in the world.

Source: Digital Asset Holdings

Unlike last week, when we tried to incorporate a range of technical charting patterns into our bitcoin price trading strategy, this week’s strategy has been pretty straightforward. When we see s sustained directional bias (in this case, to the upside) it’s often just a matter of stepping up the key levels with each new formation swing high, and rerunning the same approach – similar distance targets, tights stops, nothing too aggressive. In yesterday’s analysis we set up against a potential upside break, and overnight we got the break – not without a brief downside correction, however, but a break nonetheless. A short while ago some decent volume on the European open boosted the bitcoin price a little more, and we now sit just shy of intraday highs at 423.5.

In light of the recent action, and in line with what we’ve just discussed, we’re just going to shift our levels around and play to the directional bias throughout today’s session. So – with this said – let’s get to the strategy. As always, get a look at the chart below to get an idea of what we are looking at.

Screen Shot 2016-02-18 at 10.37.20

As the chart illustrates, the two key levels that define today’s range are in term support at 416 flat to the downside and in term resistance to the upside at the already mentioned swing high of 423.51. These two levels will be the ones to keep an eye on from a breakout and intrarange perspective.

If we close above resistance, we’ll go long towards an initial upside target of 428 flat. A stop at 421 keeps risk tight.

A close below support will put us short towards 407 (marked), and a stop on this one somewhere in the region of 418 works well.

Intrarange, long at support and short at resistance, with a stop just the other side if the entry protecting the downside.

Charts courtesy of Trading View

Key Highlights

  • Ethereum price was decimated yesterday, and as forecasted it moved down further to test the $3.50 level.
  • There is now a bearish formed on the 2-hours chart of Ethereum price (data feed via Kraken), which may act as a sell zone.
  • The price recently found resistance near the 100 simple moving average (H2 chart, Kraken) and traded down close to our yesterday’s sell target.

Ethereum price after struggling to close above the $6.0 area, failed. It looks like forming a downtrend pattern and may continue to move down.

Ethereum Price – Sell Near Trend Line?

Ethereum price failed to move back higher, and once the price broke $4.0 level, sellers gained control and took the price towards the $3.50 levels. The broken trend line and support area on the 2-hours chart (data feed via Kraken) played well and acted as a sell zone. The price moved down after testing the broken support area to test out sell target of $3.50.

Now, there is a bearish formed on the 2-hours chart (data feed via Kraken), which can be considered as a sell area in the near term. If the price moves or corrects higher from the current levels, then sellers may take a stand near the highlighted trend line and resistance area. The price is well below the 100 simple moving average (2-hours chart, Kraken), which is a sign that there is a lot of bearish pressure at present.

Ethereum Price Technical Analysis

On the upside along with the highlighted trend line and resistance area, the 23.6% Fib retracement level of the last drop from the $5.960 high to $3.49 low may act as a major barrier for buyers and a sell zone for sellers.

Hourly MACD – The MACD is almost flat, suggesting a consolidation phase in the short term.

Hourly RSI – The RSI is well below the 50 level, which is a sign that sellers are in charge.

Intraday Support Level – $3.50

Intraday Resistance Level – $4.15-20


Charts courtesy of Kraken via Trading View


Bitcoin Price Key Highlights

  • Bitcoin price previous traded inside a symmetrical triangle pattern on the longer-term time frames, forming higher lows and lower highs since November last year.
  • Price just closed past the triangle resistance around $410 and might have its sights set on more gains.
  • Technical indicators, however, are still suggesting a potential weakening of buying momentum.

Bitcoin price could be on track to test its previous year highs at $500 now break from the triangle consolidation pattern took place.

Technical Indicators Signals

So far, technical indicators don’t seem to have caught up with the sudden upside break yet, although the moving averages are edging closer to make a potential upward crossover. For now, the 100 SMA is still below the 200 SMA and is close to the triangle support at $360.

Meanwhile, stochastic is indicating overbought conditions at the 80.0 level and is starting to turn lower, suggesting that selling pressure might pick up. Similarly, RSI is turning down from the overbought region, hinting at a possible return in bearish momentum.

In that case, bitcoin price could still pull back to the triangle resistance, which might now hold as near-term support. If price breaks below this area, though, it might still find a floor at the $360 triangle support to carry on with the consolidation.

bitcoin, btcusd

Market Events

The release of the FOMC minutes and the simultaneous pickup in risk appetite weighed on the US dollar in recent trading sessions. As expected, Fed officials highlighted the increased downside risks to growth and inflation but maintained that a couple more rate hikes might be possible this year. FOMC members also clarified that the US economy is still on track to achieve its 2% inflation target.

Meanwhile, commodity prices have been on the rise, led by crude oil in hopes that the top oil-producing nations could reach an accord. Energy ministers from OPEC and non-OPEC nations have been busy discussing a possible production freeze, although some countries seem hesitant to participate.

Still, this attempt to coordinate a plan to stabilize the oil market has proven positive for risk, lifting higher-yielding assets and bitcoin price along the way. Any indication that an agreement is about to be made could allow bitcoin to sustain its climb all the way up to the previous year high at $500 and beyond.

No other major catalysts are lined up for the US dollar for the rest of this trading week, which suggests that market sentiment could be mostly responsible for bitcoin price action throughout. However, since the halfway point of the week has passed, the opportunity for profit-taking before the weekend emerges once more.

This profit-taking activity could trigger reversals or corrections for the strong moves seen earlier in the week, particularly for bitcoin price which has been climbing nonstop. A quick pullback could take it back to the triangle resistance, with another likely bounce waiting in the wings for next week.

Intraday support level – $410

Intraday resistance level – $450

Technical Indicators Settings:

  • 100 SMA and 200 SMA
  • RSI (14)
  • Stochastic (8, 3, 3)

Charts from Bitstamp, courtesy of TradingView