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Contact for any queries @Steffendude
What Is Turing Completeness?
Turing completeness refers to the capability of a system or programming language to solve any problem that can be solved by a machine created by mathematician Alan Turing. It signifies the ability of a system or language to carry out any calculation that a general-purpose computer can perform.
This concept holds significance in the field of computer science as it determines the power of different systems and programming languages. If a system is deemed Turing complete it means it has the capacity to execute any computation that a computer's capable of. Conversely, if a system is not Turing complete it implies limitations, in its abilities.
How Do You Determine Turing Completeness?
A system can be considered Turing complete if it meets the criteria;
1. Input/output operations; The system must have the capability to read data and generate output.
2. Conditional branching; It should be able to alter its behavior based on computation results.
3. Loop constructs; The system must have the ability to repeat sets of instructions times.
4. Computation; It should have the ability to perform any calculation that can be done by a Turing machine.
After establishing these properties it can be concluded that the system meets the criteria of being Turing complete. However, it's important to note that being Turing complete in theory doesn't automatically mean the system is practical or efficient for all calculations.
#GOLD UPDATE :
#GOLD goes as per the plan and tapped into the zone 1st. Price dropped hard from the resistance around 2.55% and Potential Scale-in at H4 Resistance around 1.64%. That's a pretty good move and now price is below the resistance again and drop might continue till support area around $2618 - $2624.
#BTC printed a new #ATH over $107,000 and now retraced with as per the market conditions. Price again trying to get to the top and potentially make new #ATH today.
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What is URPD (UTXO Realized Price Distribution) ?
#URPD stands for UTXO Realized Price Distribution, to analyze the distribution of Bitcoin's realized prices based on the age of the UTXOs (Unspent Transaction Outputs) or in other words #UTXO Realized Price Distribution (URPD) shows at which prices the current set of Bitcoin UTXOs were created (i.e. each bar shows the amount of existing bitcoins that last moved within that specified price bucket). The price specified on the x-axis refers to the lower bound of that bucket.
The UTXO Realized Price Distribution helps to understand the average cost basis of Bitcoin holders based on when they acquired their coins. It divides the UTXOs into different age groups, such as those acquired within the last 30 days, 90 days, 180 days, and so on, and calculates the average price at which those coins were last moved.
This metric provides insights into the behavior of long-term holders (HODLers) and short-term traders. It allows analysts to determine the levels at which different cohorts of Bitcoin holders may be willing to sell their coins, as well as the potential price levels at which they acquired their holdings.
By analyzing the URPD, one can gain a deeper understanding of the distribution of Bitcoin's realized prices across various time frames and identify potential price points where significant buying or selling pressure may emerge.
The rapid price increase saw little trading activity between $76,000 and $88,000. This suggests an "air gap" that could become a zone of interest if the market corrects lower before attempting to break above $100,000. Analyzing supply distribution during this price discovery phase can provide insights into key support and resistance levels. Consolidation is often needed to confirm new price ranges after sharp moves, and the trading volume profile can reveal potential areas of support or resistance as the market seeks equilibrium.
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#BTC Had a very good/ healthy weekly close with over $100,000 mark. With that, Daily also closed bullish and printed a New All Time High, meanwhile H4 printed a huge Rejection Candlestick, with new ATH, seems to be having selling pressure. Overall, every TF is bullish so we can expect a break sooner or later.
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The passage compares the current cryptocurrency uptrend to the March 2024 all-time high to gauge its sustainability. In 2024, a supply cluster formed between $40k-$73k as the asset reached its peak. Over the following volatile months, this cluster became significant support that eventually underpinned the current rally. By analyzing prior market structures, we can assess if the present uptrend has a similar foundation to support its continuation.
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#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, goes as per the call and gave a $100,000 closings and build a fresh support at $97,000. Price dipped down and rejected the strong area strongly and again we can expect a good close over $100K zone.
#BEL had a very quick pump after the call and made a high of 7.31% and with 10x leverage, we've 73% in profits. It a great move and i hope you secured some profits there and hold for rest of the targets.
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ZRO dropped further lower to the support zone and rejected strongly. Currently, price getting rejection from the resistance (gray box) and likely to be bounded in a range. If you bought it then its good, else try to accumulate some in the range.
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#BEL pump is inevitable✌️
BUY and HOLD for moonshot🚀
#BEL is about to explode just like our previous calls. Miss it, and you'll wish you hadn’t.
Time to jump in—don’t wait too long! 🚀
Low cap altcoins are going wild today—#UTK, #AVA, #PIVX are all blasting off!
And guess what?
#BEL is about to join the party.
Don’t say you weren’t warned!
#BEL/USDT looks a perfect buy here
Range breakout and retest done on weekly timeframe
MACD indicating bullish momentum ahead
Looks ready for a takeoff anytime🚀✌️
Targets: $0.9- 1- 1.1- 1.25- 1.5$
Bitcoin has surged back ABOVE 100K following the recent correction! The market sentiment has been reset, and looks like altcoins are ready for a ride now. Stay tuned for a strong news based SPOT & FUTURES call at 4PM GMT today!🔥
Exchange: BINANCE
Get ready! This is the real deal – don’t let it slip by🚀✌️
Bitcoin has had an actively traded price for 5,256 days and has travelled from fractions of a cent to $100k. This journey has included 72 positive monthly candles (including December 2024), with an average gain of 37.4%, and 71 negative monthly candles, averaging a decline of -14.2%.
This reflects the fascinating balance between bull and bear markets and the infamous positive skew during the most consequential periods of price appreciation.
💎 Next 50X-100X PancakeSwap/Uniswap DEX GEM Incoming – Don’t Miss It! 🚀
We’re thrilled to share that our next 50X-100X PancakeSwap/Uniswap DEX GEM💎 is dropping soon! After carefully reviewing numerous projects with massive potential, we’ve locked in on an incredible opportunity for our community.
Mark your calendars: the call goes live on 22nd December , at 2 PM UTC on PancakeSwap and UniSwap DEX. To ensure you're ready, transfer funds to BNB, ETH or USDT (BEP20/ERC20) on MetaMask or TrustWallet ahead of time.
When evaluating projects, remember to check their CoinMarketCap and CoinGecko listings, liquidity and token locks, tokenomics, roadmap progress, and trading volume. Strong fundamentals and a clear vision are the keys to spotting winners.
This GEM💎 is set to be a game-changer with upcoming Tier 1 exchange listing. Stay tuned for more updates, and let’s make this a big win together! 🚀
Date & time: 2PM UTC, December 22nd
Exchange: PancakeSwap and Uniswap DEX
Potential targets: 50X-100X🚀
Here's the Analysis of #OSMO :
#OSMO is been moving back and forth of the flip area around $0.63 - $0.67 and going lower with the resistance trendline. Price broke the support trendline and might go bearish, while #Bitcoin hits its ATH levels. Eventually, we'll see rise, so try to accumulate $0.53 - $0.56 looks good support zone.
MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR
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#US30 UPDATE :
#US30 played as per the plan, Index broke through the Support and dipped attacking Daily Lows everyday. It nearly reached the 43,600 level, missed by 160 points. Sooner or later we can expect that too and eventually at support around 43,190 - 43,370.
Here's the Analysis of #AVA :
#AVA is been in a 2.6 Year of consolidation and had a very huge breakout with a tweet about the revenue and retweet via CZ. Price to too high here and wait for a proper retracement, to reach the a support area or price to form a new support.
#DXY UPDATE :
#DXY failed to drop towards the support area as mentioned and rallied up. We saw the impact in market and now looking anyway bullish to touch again 108.05% - 108.47%
Here's the Analysis of #ENJ :
#ENJ dropped hard with the market retraced down and rejected from the major support zone of $0.25 - $0.26. Currently, price dropping and kinda of having a reach towards the major support zone again and buys looks good.
In analyzing cryptocurrency trading behavior from 2021-2023, a notable trend emerges in market spending patterns. During the March peak, coins from all three years showed substantial selling activity. However, the current market rally is characterized differently, with predominantly 2023-acquired coins being sold, while coins from 2021 and 2022 have only recently begun to exert selling pressure. This pattern suggests a possible "swing-trade" strategy, where traders strategically capitalize on short-term market movements, focusing on more recently acquired assets and displaying a more tactical approach to cryptocurrency trading.
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#BITCOIN DAILY TF UPDATE :
#BITCOIN again reclaimed the $100,000 level and moving back & Forth. Price having a kind of consolidation, and struggling its way to move up and print new Higher High. We can see these dump, with the winter holidays and Pump in January due to huge confluences.
Here's the Analysis of #TLM :
#TLM rejection both side of the zones from strong resistance around $0.020 and a flip area of $0.014. Price now stuck between these areas, and need to see some sort breakout now or a buy at the trendline or at the flip area.
#BEL/USDT more than 2years of accumulation inside Darvas Box🚀
Breakout will be massive just like #AVA
Buy on Binance: https://www.binance.com/en/trade/BEL_USDT
Short term targets: 10%-30%-50%
#BEL pumping hard🚀🔥
https://x.com/BellaProtocol/status/1867600368026185783?t=9m17QVhqezOA-64CVWYKPA&s=19
Less than 30 minutes left🚀
Get ready for a strong news based SPOT & FUTURES call at 4PM GMT today!🔥
Exchange: BINANCE
Crypto Mixers vs Crypto Tumblers
Crypto mixer is another term for crypto tumblers. These are software companies that serve as a middleman between parties looking to send and receive cryptocurrencies. For example, Person A is looking to send Person B one Bitcoin (BTC); however, they do not want this transaction to be traceable. Person A would turn to the services of a coin mixer company. They will send the amount of Bitcoin to the coin mixer. The coin mixer will then combine this transaction with numerous other transactions, accumulating a larger amount of the same cryptocurrency and then redistributing it to the selected receiving addresses.
However, an important note here is that crypto mixers charge a fee for their mixing services. This essentially means that when sending cryptocurrency to a coin mixer, you need to consider the service fees, which will be deducted before funds are redistributed to their intended receiving addresses. It is important to take into account that most coin mixers charge a percentage-based fee. Consequently, the larger the amount of cryptocurrency you put into the mixer, the more you will have to pay in fees.
Coin mixers have become an essential service in the cryptocurrency industry, as many people are looking to keep their anonymity.
Read About our Previous Post on Coin Mixers Here