TGH March 2020 Newsletter

Updated: Mar 4, 2020

The Gem Hunters March Newsletter – 03/03/2020

Notice Board

February TGH Chamption - Giouji

Congratulations to the winners of Februarys competition: Rollin tyre (Patience)

1. Giouji – 2597

2. redial – 1922

3. Andrew Kramer – 1775

Once again to start the month off we have a new competition, in which the Top 3 players of Karate Kido are eligable to win the following.

1st Place - 500 $EVED

2nd Place - 20000 $SNTVT

3rd place - 100 $CCX

Please also note that the Results from all competitions have now been tallied up and a champions league is now fully active, below are the results after 3 competitions. Please also note that the prizes for finishing top 3 of the champions league will be much greater than the prizes of each single competition.

Trading with the team

We have live trading every day from 10am - 10pm GMT which includes high cap trading on binance with BiT_SHaMaN and leverage trading on Bybit with Jillian. If your interested in learning how to leverage trade and want to join the fun, please do use Jillians affiliate link as she is contributing her time and effort to help out and its the least people can give back in return to show some appreciation for the time and effort involved:

Please also rememeber the gem hunters as a whole is a free group, in which the team spends copious amounts of time and effort researching and producing information and updates such as this newsletter, so on the note of contributions and donations, anyone who feels like they would like to donate any time or effort to help the community feel free to speak to the team.

General News

February saw Bitcoin rally to $10500, up from $7000 in January! Etherum made even bigger moves all the way from $116 to $288 in less than a month, we then witnessed a quick retrace from $10000 to $8300 in only 4 days! This could have been a simple shake out prior to the halving, but we also feel that the decline in global economy effected by the corona virus has had some influence that contributed to thee FUD. Bitcoin has been under selling pressure and is currently sitting in the $8,800 area. However, the halving is drawing closer and the community is hoping that the flagship crypto will significantly rise in value once it occurs.

To add to this a sttement has just been released by the U.S. department of treasury along with the G7 Finance Ministers and Central Bank Governors stating the following:

U.S. Treasury Secretary Steven T. Mnuchin and Federal Reserve Chair Jerome H. Powell led a call with the G7 Finance Ministers and Central Bank Governors to discuss the coronavirus disease 2019. At the conclusion of their meeting, they issued the following joint statement:Washington – “We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions.Given the potential impacts of COVID-19 on global growth, we reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks.  Alongside strengthening efforts to expand health services, G7 finance ministers are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase. 

G7 central banks will continue to fulfill their mandates, thus supporting price stability and economic growth while maintaining the resilience of the financial system. We welcome that the International Monetary Fund, the World Bank, and other international financial institutions stand ready to help member countries address the human tragedy and economic challenge posed by COVID-19 through the use of their available instruments to the fullest extent possible.G7 Finance Ministers and Central Bank Governors stand ready to cooperate further on timely and effective measures.”

The above indicates that the goverment are using the global crisis to their advantage and using the opportunity to give central banks more power to manipulate the economy and the people within it, so its certainly worrying on the front of decentralization and the markets in general are going to take yet another hit due to the above news.

New data from has come in, stating that on March 1 the Bitcoin hash rate reached a new peak value – 136,264,980 TH/s. The previous all-time high, on February 1, was 119 EH/s.

We strongly advise investors not to short bitcoin here, as we are now just over 1 month away from the halving and with the price already consolidating and finding support, now is the time to speculate on the price rising not falling. Once the Fomo and hype hit the streets, Bitcoin will explode, its a matter of time and the only question is when? We have had a few minor set backs with the global markets declining along with industry and economies around the world stopping in their tracks overnight. Global stock markets also crashed, as you can see below are the recent effetcs to the FTSE 100 market which had its 3rd largest crash dump since its markets began trading. which is no minor event.

All markets seem to be recovering slowly, as you can see above and with this bitcoin has followed suit and is now beginning to test $9000, many people have speculated that the stock markets and crypto are starting to correlate. But as stated above massive global FUD can have an effect on all markets and to be fair the crypto market had over extended and we were due a healthy pull back before a futher price push.

We would like to thank the Evedo team for coming to The Gem Hunters and kindly sharing information on the project with our community. We are lucky to have found such a tiny project with huge potential and we had the pleasure of hosting the founder Stoyan Angelov who was more than helpful in sharing information on Evedo and its whats in store for its investors, which includes 9 exchanges and 3 global partnerships in the next 9 months alone! So please feel free to read up on that Q&A as its still only 100k-150k Market cap which makes it a tiny project which offers investors huge Risk/Rewards.

Results from all competitions

Basket ball - (Accuracy) - December 2019

1 Stijn - 74

2 cryptominingkb - 65

3 giouji - 64

4 Bit shaman - 53

5 ming - 46

6 novia - 39

7 checking - 35

8 jo kahn - 31

9 mb -31

10 – alex dijkstra

Archie Adventures (Skill) - January 2020

1. Tommy Vercetti – 193

2. BiT_SHaMaN – 156

3. Redial – 156

4. MF Chan – 140

5. OpTelic – 128

6. Moe – 124

7. Stijn Dijkstra – 108

8. Giouji – 107

9. David – 94

10. Stefan G – 82

Rollin tyre (Patience) - February 2020

1. Giouji – 2597

2. redial – 1922

3. Andrew Kramer – 1775

4. CryptoMiningKB – 1545

5. Ivan Ph – 1424

6. Stijn Dijkstra – 1231 - 18

7. James – 977

8. BiTtastic – 688

9. Jasper – 567

10. OpTelic – 506

Champions League results to date

1 - Giouji - 21

2 - Stijn Dijkstra - 19

3 - Redial - 18

4 - CryptoMiningKB -16

5 - Bit shaman – 16

6 - Tommy Vercetti - 10

7 - Andrew Kramer - 8

8 - Optelic – 7

9 – Mf-Chan – 7

10- Ming - 6

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