Enhancing the value of Bitcoin by forecasting when its price is likely to fall.
A new class of crypto-currency

The first in a new class of crypto-currency that tracks the returns of investment strategies without the risks of the fiat financial system.

Bitcoin
$6,610.40
Bitcoin Enhanced Multiplier
64%
Bitcoin Enhanced
$10,843.24

Bitcoin Enhanced Graph

Bitcoin Enhanced is a crypto-currency that enhances the value of Bitcoin by forecasting when its price is likely to fall.

How it works

Bitcoin Enhanced tracks percentage change in Bitcoin prices until there is a signal that Bitcoin prices are likely to fall. Bitcoin Enhanced then simulates “shorting” Bitcoin, in effect betting that Bitcoin prices will fall. When the forecast period is over Bitcoin Enhanced simulates going “long” Bitcoin again and continues to track the percentage change in Bitcoin prices. The gain/loss of being short Bitcoin during the forecast period is expressed as a multiplier to the Bitcoin price.

Trustless Forecasts

A forecast for a period of falling prices is made before the period begins. The forecast is published on a time-stamped forum such as Facebook in an encrypted form. Once the forecast period is over the key is publically provided on the same forum so that the times of the forecast can be decrypted. This method of encryption/decryption on a public time stamped forum verifies that the forecast was genuine in that it was made before the event.

Recent Forecasts

An encrypted forecast was made on Friday 17th of August 2018. Once the forecast has finished then the result will be available here.

Below is the unique hash generated from the prediction

279a8580a010555eb3154b239650673cca113165769f3e3c1a145fcc4af3ca3b

Below is a link to the encrypted data.

An encrypted forecast was made on Friday 17th of August 2018. Once the forecast has finished then the result will be available here.

Below is the unique hash generated from the prediction

8fd27a762956703b803b6b3c74f0744b467a35de6e16eb4f7f109ac6b22593e9

Below is a link to the encrypted data.

New Forecast 8: Bitcoin prices to fall from 6pm EST 24th August to 6pm EST 12th September 2018..

Below is the unique hash generated from the prediction

6a78544d9e70e17fd67df38d0e18add241932865263807342f9f5555732228b5

Forecast 6: Bitcoin prices to fall from 6pm EST 27th June to 6pm EST 7th July 2018 (10 days).. The password to verify this forecast is: 23$$9-jhGR

Forecast 5: Bitcoin prices to fall from 6pm EST 19th May to 6pm EST 27th May 2018.. The password to verify this forecast is: ]e4&77^2p

Bitcoin prices to fall from 6pm EST 14th May to 6pm EST 19th May 2018.. The password to verify this forecast is: vx2@@#as5

Bitcoin prices forecast to fall from 23rd to 27th April 2018, (5 Days). The password to verify this forecast is: hen0973h1219

Bitcoin prices to fall from 6pm UTC-5 Friday 30th March to 6pm UTC-5 Wednesday 11th April.. The password to verify this forecast is: 89$%2sWqa

Bitcoin prices forecast to fall from 17th February to 26th February 2018 (10 days). The password to verify this forecast is: dushy

Forecast 7 was the result of human error. According to the algorithm the forecast should not have been made. As no tokens had been issued the forecast has been deleted to provide a more accurate record of the performance of the algorithm in forecasting Bitcoin price falls.

Secret Sauce

Bitcoin Enhanced creates value through its ability to successfully forecast periods when Bitcoin prices are likely to fall. It does this by using Phi, the irrational number 1.618…, also called the Golden Ratio or Golden Mean. Phi describes how systems develop. This is not only true of plants and animals, but also man-made systems such as a Boeing aircraft, the approval rating of Presidents and commodity prices.

Simulated Performance

Important: simulated performance is NOT a good indicator of future performance.



On 13th September 2013 Bitcoin stood at $5.93. By 14th February 2018 it had risen to $9,071, an average annual increase of 237%. However during the same period the value of Bitcoin Enhanced would have risen to $136,741, an average annual increase of 21,265%. In this simulation the value of Bitcoin Enhanced improved the value of Bitcoin by a multiple of 15.

Bitcoin Enhanced Simulated Graph

Risks

Two risks associated with Bitcoin Enhanced are the assumptions that the value of Bitcoin is likely to continue to rise for the foreseeable future and that Bitcoin Enhanced can continue to forecast periods of falling prices with a better than 50/50 chance. Both these assumptions need to be true in order for Bitcoin Enhanced to be a store of value for owners of the coin.

FAQs

There are many coins such as Monero, Ethereum, Bytecoin. All have a particular offering. There is no indication that these coins have detracted from the value of Bitcoin.

The end of a forecast day is 6pm EST.

We expect there to be 21 million coins, the same number as Bitcoin. However this depends in part on which verification platform is eventually chosen for the coin.

Because there is no air drop or ICO of Bitcoin Enhanced coins, the market in coins will grow organically rather than being force fed at the beginning. Many buyers of Bitcoin Enhanced are expected to hold their coins to see the price appreciation. At the same time the original holders of the coins will serve as market makers and ensure liquidity for those wishing to sell until one million coins are in circulation. This will be done on a “best efforts” basis.

For Bitcoin Enhanced to add value to Bitcoin prices we require only that the price falls are greater than the price gains during forecast periods. In practise we expect our forecasts to be right around 60% of the time.

Latest News & Articles

Are You Exposed to the Risks of the Fiat Financial System? Part 2: Systemic Institutional Failure
The cornerstone of any sound way to grow money is diversification — not having all your eggs in one basket. Because most money is fiat (issued by governments) most investments carry the risks associated with the fiat financial system. In Part 1 I discussed the endemic need for inflation in the fiat system. Now lets move on and look at the risks inherent in how the system is built. Although not without risks themselves, crypto-currencies like Bitcoin and Bitcoin Enhanced avoid these fiat risks and therefore enable greater diversification in the way you grow your money.
4 days ago
Are You Exposed to the Risks of the Fiat Financial System? Part 1: Inflation
Saving is no longer a way people can accumulate wealth. In the United States a person needs to grow their investments by 20% every ten years just to stay even. This is equivalent to putting money into a savings account returning 2% interest a year. At present the best US savings rate is 1.85%. Interest earned on savings accounts is also taxed. In the US current tax brackets are between 10% and 37%.
1 week ago
Bitcoin & the Emperor's New Clothes
Most people believe the breakthrough of Bitcoin was to solve the problem of double-spending that enabled peer to peer transactions without a trusted third party. Can I suggest we take a moment to look deeper? What if Bitcoin reveals a fundamental part of what it means to be human — a part so critical to our success, prosperity and well-being that in a few years we will wonder how we ever lived before we woke up?
2 weeks ago

Our Team

Kulwuha Tesfaye
Researcher
Lover of newspapers, sunshine and conversations around politics and social movements. Looking forward to discovering and learning all about this new crypto world communities are creating, and governments reactions and responses to its development. Very much intrigued in seeing how sovereign states and communities in developing countries can use this decentralized system to democratize the global financial system.
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Michael Murphy
Blockchain Marketing Analyst
Michael is a graduate from The University of Rhode Island with a Bachelor’s degree in Economics. Michael’s involvement in cryptocurrency started in early 2015 with actively following the market and growing within it. He is a cryptocurrency enthusiast, entrepreneur, and a Blockchain expert with a strong drive for success within the industry. He also is a social media marketing expert with strong experience in growth on various platforms.
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Jude Owusu
Marketing Specialist
I’m an enthusiastic and accomplished banker, virtual assistant, Interactive social media Manager and Crypto fanatic seeking my next challenge in a fast growing company. With almost 3 years’ experience in the industry and the desire to still improve, I've been directly involved in the planning, execution, and analysis of several campaigns on various social media platforms.
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Irene Paul
Data Analyst
Entrepreneur and the blockchain technology analyst. Irene has established research and education platform in key geography such as Tanzania to provide blockchain based educational programs. A graduate with Bachelor Degree of Arts in Marketing and Entrepreneurship
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Alejandro (Alex) Hernandez
Latam Marketing
I am passionate about education and technology and I want to use this platform to educate the unbanked in learning how to use crypto as a way to invest and as a payment system. With 4 years in the Latin American (Latam) the need for crypto and blockchain solutions is evident. I will be directly involved in spreading the Bitcoin Enhanced message through the region via social media channels and local Meetups.
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Kofi Fobil
Medindera
Postgraduate Diploma in IT Education . Years of Teaching IT, Communications Manager & Ambassador at bitcoinenhanced. Crypto enthusiast and a day trader.
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Arkodyuti Saha
Product Evangelist
I am a 22-year-old product enthusiast who writes code out of the profession and loves to engage in tech communities out of passion. While I have a comprehensive developer background, my emphasis is always on scalability and innovation
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Clarena Orozco
BE Latam
Formulate disruptive behaviors, learn, communicate and connect, are part of my DNA.
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Email us if you would like to get involved: simon@bitcoinenhanced.io

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