BINANCE:ONTBTC   Ontology / Bitcoin
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018.

Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 18.62% PROFIT!!!

The increase in price may also be explained by positive developments including:

April 26: Release of Ontology v0.7 and Public TestNet (code named: Polaris). This includes numerous updates including: CLI module, WebSocket subscribe function, event push filter, new Wasm APIs , smart contract pre-execute, interoperability across VMs, NeoVM v0.7 and Doc. Center.

April 27: Official publicised Launch of Smart X. This enables users to program, debug and deploy smart contracts on testnet. It supports NativeVM, NeoVM and WASM smart contracts in C# and python. There are plans to add further programming languages in the near future.

April 28: Ontology open sources it's VBFT protocol which offers massive advances over PoW and BFT protocols. This protocol is expected to resolve all pproblems to do with scalability and large amounts of electricity. Open sourcing will allow Ontology to further develop of its VBFT protocol and to increase interoperability with a number of different DAPPs and potentially with different blockchain protocols in the future.

May 1: Smart contract capabilities of Ontology are publicised in Neo News Today. SmartX are supported by the platform are NeoVM-based C# and Python, although Ontology have roadmap plans to include Java, Rust.

May 3: Ontology announces a strategic partnership with NAGA with the intention to bring the Ontology infrastructure to the massive financial technology markets.

May 8: Ontology announces the Triones Membership System. This aims to support a combination of multiple blockchain networks based on support for a single blockchain network economic model.

May 11: Security Giants Baimaohui and SlowMist Join the Ontology Co-Builders Program. This aims to provide security audit services, support the development of public chains, and promote safe, secure, and reliable blockchain infrastructure.

May 14: The Ontology Foundation and the NEO Foundation signed a memorandum of understanding on May 14th, 2018, concerning strategy and technology integration.

May 14: Announcement that updates to Ontology C# SDK mean that ONT 0.00% IDs can be created, funds can be transferred, claims can be registered and add public keys can be added to ONT.

(NEW) May 21: Ontology announces Pre-Release v0.8 of MainNet on Github.

This Includes details regarding: Native Contracts, New Version of VBFT Protocol, Fee Calculation, Network Optimisation and CLI .

(NEW) May 24: Following the signing of the MoU, the Ontology Foundation and NEO Foundation have announced to co-fund a Joint Task Force with a total capital contribution of 4 million CNY . The Joint Task Force will press ahead with the development of API standardization, a shared smart contract ecosystem, building open standards for smart contracts, and cross-chain technology innovation.

(NEW) May 25: Ontology Announces the Economic Model Design of the Triones Consensus System.

Based on the Triones Consensus System, the Ontology team uses:

· ONT, a cryptocurrency coin of main chain services.

· ONG, a utility token of main chain operations.

(NEW) May 29: Ontology establishes Strategic Partnership with COT ( IoT technology strategic partner.). Under Ontology’s strategy, Ontology and COT will co-build a platform combining Ontology’s chain network model and COT’s IoT and intelligent h

It is believed that a surge in volume is driven by Ontology's the developments listed above and broader recovery in the crypto markets.

***The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***


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