Einsteinium (EMC2) is flying right now. Back at the start of November, EMC2 went for around $0.06 a coin. Today, December 6, this has reason to $2.12 apiece – a jump across the period of more than 3400%. There is a clear driver behind the recent action and it’s one we will get to in a minute but, right now, markets are asking, is the degree to which EMC2 has appreciated justifiable and, if so, are we going to see a continuation of the action that brought the token to trade where it trades today? We think the answer to both of these questions is yes. Here is how we came to that decision. Some reading might would be familiar with this one since it’s not a particularly new coin – Einsteinium first debuted three years ago and has maintained a relatively small but steady presence in the sector since it came on the scene.

EMC2 chart For anybody not familiar with the company or the token, however, it’s set up to facilitate funding for the scientific community. Basically, 2% of every block and, by proxy, 2% of all mined EMC2, is distributed to various global scientific research projects. Holders of EMC2 have a vote, proportionate to the size of their EMC2 holdings, and the research funding is distributed according to this vote. So, first, why is this one running right now?

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Because, very near term the team over at Einsteinium is going to effect a hard fork and the primary impact of this hard fork will be a reduction in the total supply of EMC2 by around 55 million coins or somewhere in the region of 25% of the total circulating supply. Okay, so right off the bat, this seems to be something of a problem. A 25% reduction in total circulating supply is going to mean that less money goes to the scientific research that this company and its underlying coin was set up to fund (remember, it’s a fixed 2% of the blocks mined). That the company would do this, therefore, seems counterintuitive. But there is another way to look at this entire situation.

When you restrict the supply of something it’s price increases. In this space, when we see a price increase, we also see a large increase in volume as more and more participants (normally, speculative participants) buy the underlying coin in anticipation of both short and long-term gains on their holdings. So, the team at Einsteinium had a choice to make – continue as is, maintaining relatively low volume and keep supplying the same or similar volume of coins to its scientific research causes or, execute on a hard fork and gamble that the fork will bring with it a wave of volume and get things moving. Sure, the 2% will be based on a smaller number of blocks mined but if the price of the coin rises, the overall value of this 2% has the potential to eclipse its previous levels. And it looks as though the gamble has paid off.

Dollar volume hit more than $300 million during the last 24 hours alone and EMC2 is up 110% across the period. What we expect, therefore, is that this enthusiasm will continue as the coin moves into its hard fork and, in turn, that we should see a continuation of the dramatically amplified volume and, by proxy, the price gains we have seen recently in EMC2. Sure, nothing is guaranteed and especially in the space, but if there’s a coin to get excited about right now, in our eyes, it’s EMC2. We will be updating our subscribers as soon as we know more. For the latest on EMC2, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Chart courtesy of.

The cryptocurrency markets have taken a real beating over the last couple of weeks and especially throughout this week, with many of the major coins (bitcoin, Litecoin, etc.) trading at a more than 50% discount to their price just a few days ago. This, of course, has translated to a real weakening of sentiment and the confidence that many of the later entrants had in their (arguably late entry) positions has all but dried up.

People are exiting the market in spades and the selloff is resulting in a further weakening of price. This, in turn, is translating to more panic and an increased number of market exits and so on and so on. This sort of action will be familiar to many. It’s a self-fulfilling spiral that compounds sentiment and it’s essentially the opposite of what caused bitcoin and its peers to run up into the end of last year.

Late entrants forming weak and fundamentally inaccurate biases and responding to these biases by pulling the trigger. In November and December, it was a trigger pulled on a buy position. In January, the trigger is being pulled on a sell. The thing is, now is not the time to sell. Sure, markets got overexcited at the end of last year and some coins ran up farther than they perhaps might have done if the crypto space had of remained under the radar. Sure, the entry of a futures market and the concurrent wave of media coverage that came with bitcoin shifting into the mainstream consciousness perhaps created a buying frenzy which, in turn, pushed prices above and beyond sustainable levels.

BTC Daily Chart When this happens, however, we generally see a correction, a bottoming out, some degree of rationality return to a market and, in turn, a return to the overarching trend which, in this case, very much remains to the upside. Browser Based Electra ECA Mining. People forget that Bitcoin (BTC) was trading below $900 this time last year.

Litecoin (LTC) was at $5 twelve months ago. Some of the more functional tokens, things like Ripple (XRP), were trading for fractions of a penny. Many didn’t even exist. What we’re trying to say here is that the vast majority of coins that exist in today’s market and that are down circa 50% or so on early month January highs remain up thousands of percentage points on their respective twelve-month pricing. Put things in perspective, then, and you see that this pullback is a natural correction on an overheated market and one that simple serves up a long overdue return to sensibility, as opposed to any indication that the cryptocurrency run has come to an end.

For those who need a bit of persuasion, look at this space as if it’s a thirty-year trend, a long-term technological shift. We’re less than a decade into it and while exuberance led to the space running away with itself a little, the excitement is now reigned in and the industry can resume on the path towards changing the technological (and indeed, global industrial) landscape of the future. Bottom line: let the panic sellers exit their positions cheap and, if you’ve got the capital, pick up some cheap coins as they unload. When things return to normal, the same sellers will be scrambling to buy back their coins and will be forced to do so at a premium to the rice at which they’re unloading them right now. We will be updating our subscribers as soon as we know more. For the latest on Bitcoin, Ripple and Litecoin, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Global Coin Report Archives. 2017 saw a massive increase in awareness of cryptocurrency thanks to the huge increase of Initial Coin Offerings (ICOs). Investors swarmed the numerous new coins available, making it the must-have investment product of the year (well, up until the end that is.) The reason for its success and failure as an investment tool is due to the simple fact that the coins were meant to be used in daily life – all that was missing is the infrastructure needed to make it easy. Yet The Current System Doesn’t Work However, there are two issues surrounding utilizing cryptocurrency in daily life.

The first is that few retailers accept cryptocurrency at all. The second is that those who do accept these digital currencies typically only accept one out of the dozens of varieties available.

Meaning it is possible to have a fortune of cryptocurrency in your pocket and be unable to spend a single penny of it. Bitcoin, Litecoin, Ethereum, and more are being actively traded every day with new coin systems being minted just as quickly. With an estimated total market capitalization of $660 billion, there is a great deal of opportunity for ICOs to help spur the next stage of consumer spending and economic growth, but ICOs will have to bridge the divide between digital and physical. How Much Siacoin SC Can My Computer Mine here.

How can we solve this challenge? Take MoxyOne, for example.

It was founded with the simple goal of providing the infrastructure needed to help ICOs make the transition from an investment vehicle to viable currency. For its part, MoxyOne provides white-label services for companies seeking to offer a complete cryptocurrency solution for their investors and clients. This includes a “banking” solution that makes spending the coins as easy as swiping the provided debit card.

Beyond working with other coin platforms, MoxyOne is also offering its own cryptocurrency known as SPEND tokens, offered for distribution through the respectable Cryptopia exchange platform. More platforms are coming soon, as well. MoxyOne’s Exchange Listing Consultant Rick Kennernecht is working to secure new partnerships with a wide variety of exchange platforms such as EtherDelta. Recent successes in this endeavor include a partnership with the Decentralized Social Networking Platform Social (SCL). How to Integrate Digital Wallets with Physical Debit Cards By using the latest in digital wallet technology, MoxyOne has made it possible to securely handle transactions worldwide wherever debit and credit cards are accepted. All the end-user needs to do is install the app and activate the card – from there it is as simple as managing a traditional bank account, without the fees.

This works through the implementation of Just In Time Funding (JITF) which allows for the instant sell of cryptocurrency into the required traditional currency as the user spends it. This means that the greatest hassle involved in modern cryptocurrency – using it in the real world – has been eliminated in a way that is completely seamless for the end-user. The only fee incurred is the traditional platform exchange fee built into all cryptocurrency platforms.

This platform will be released in early 2018, with a pre-sale beginning February 8, 2018, and ending on March 10, 2018. The public ICO starts March 14, 2018, until April 14, 2018. MoxyOne will leverage Raiden Network’s micropayment technology for speed and Gladius’ DDoS technology for stability and overall security. Long-term goals will include integrating with the COMIT network for increased blockchain interoperability and overall access. In addition to JITF, we enable individual organizations and buyers to obtain the cryptocurrency directly from the holder. In addition to receiving the coins, a number of extra tokens will be provided to cover any extra expenses.

This will help grow the platform and incentivize end users to utilize every feature of the MoxyOne platform. Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Introduction Ever since bitcoin’s inception in 2009, the price of a single unit of bitcoin as steadily increased, up until 2017, when the price exploded and caused mainstream investors and users all over the world to be plunged into a crypto frenzy. The industry has also given rise to several strange terms and phrases such as Buy Back, Smart Trading, Referral, Signal, Backed Loan, Proof of Stake, and Cryptocurrencies.

Despite the relative obscurity of the phrases, they’ve been readily gliding over the lips of regular individuals all over the world. Perhaps rightly so, as the price of bitcoin grew with an exponential 450% within the last three months. The sharp price increase and excitement of the industry have secured bitcoin’s place in the mainstream.

However, despite the cryptocurrency’s increasing popularity it still not easily available and accessible all over the world. In fact, many traders in certain regions are still very limited when it comes to bitcoin trading. At the moment, the majority of cryptocurrency exchange platforms provide a service which charges users exorbitant trading fees in exchange for a slow system. In addition, most exchanges have demonstrated a single-minded approach when it comes to trading.

They provide their customer only with trading options and seem oblivious to other financial solutions that they can provide to their customers to enhance their overall bitcoin experience. Why choose Bitto Bitto has been created with the goal to provide its users with a wide array of products and services that will bring much-needed relief to the increased obstacles faced by regular users. The products and services have been designed in such a way to be practical, functional, stable, and above all realistic. This is especially true of Bitto’s core service, an online cryptocurrency lending platform. This platform has been created to offer its customers with a sense of security and transparency.

The platform was designed to offer both borrowers and lenders with an optimum service that is both driven by market trends while being easily accessible and user-friendly. To achieve this goal, the platform is endowed with excellent support services which can cater to any customer’s every need that is compliant with Bitto’s core values. Bitto has been created to be integrated into the customer’s every day with ease and a level of competency that is sure to impress. The Bitto platform has integrated six separate core models into one user-friendly exchange. This system not only ensures conveniences but also allows their customers to generate revenue using several sources. The platform’s own cryptocurrency, Bitto Coin, will be available in a limited supply of 30 million. Of the total coins, only 21 million will be allowed to be in circulation at any given time, while 3 million Bitto coins will be used to reward Bitto holders within a period of 24-months.

What is Bitto Coin? Bitto Coin, has been created using the Ethereum Blockchain network and is based on the Ethereum coin, ERC20. The developing team chose the Ethereum network as it offers investors more cost efficient transaction fees as well as a more efficient network.

Bitto will utilize the PoS Reward system over that of the traditional Proof of Work (PoW) system in an attempt to be more environmentally conscious. In addition, the coin will serve as a digital asset to be used on the platform for collateral lending. PoS-based cryptocurrencies have proven time and time again that they are much more efficient than their PoW counterparts. This is especially true when it comes to being cost-efficient, as PoS is less heavy on energy consumption than PoW. The developers behind Bitto Coin chose this system in order to create a network that is more sustainable has the long-term possibility. This decision will also ensure that Bitto is based on a strong foundation that will later positively affect both Bitto Coin’s market supply and price.

The benefits of Bitto What sets Bitto apart is the fact that the platform was created to think about its users need. The platform’s unique and comprehensive integration which offers its customers several tailored benefits including a support team that is dedicated to seeing you thrive, a PoS system committed to the environment, progressive organizational tools, as well as a borrowing/lending portal. Because Bitto was designed with the investor in mind, they reward their investors with 30% of their circulating coin supply. Long-term Bitto holders can look forward to future Bitto coin rewards. Bitto is primarily driven by the goal to shape and cultivate the brand new wilderness that the cryptocurrency landscape has to offer. To achieve this ambition, Bitto is dedicated to providing world-class service to customers from all over the world, while still ensuring that every individual user has access to precise trading and tailored services at their fingertips.

This quality service is underpinned by a dedication to customer security. The support service at Bitto has implemented only the highest security measures to protect their customers and servers against malicious attacks. To date, a large portion of ICOs has offered prospective investors unrealistic promises together with an unsustainable business plan and fraudulent promises. Bitto believes that honesty, transparency, and a realistic outlook is key to a good relationship with investors. The team behind Bitto is dedicated to providing a secure lending platform that is driven by a realistic approach.

This attitude will go far towards ensuring that the platform is accessible to a diverse customer base. In addition, Bitto wishes to ensure that all customers enjoy an optimum experience on their platform. What Bitto offers The Bitto platform has been created to be internationally orientated. On this platform, users will be able to: • Trade any cryptocurrency from any location across the world with access to friendly 24/7 support that can aid you in any issue. • Get tips and tricks from international profitable traders.

• Easily use the Bitto Coin on the platform while the developing team still creates a relationship with merchants all over the world. • Use the Bitto token to access a wide variety of services on the platform such as loans, staking, or signal trading.

Depending on each investor’s contributing tier, they might be eligible for the Free Forever program where ICO investors can enjoy unlimited trading at no added cost. Members of lower tiers, however, will still enjoy several benefits such discounted trading fees. To activate these benefits, members simply have to use their Bitto tokens on the platform. Bitto has created a unique lending system for its customers. Borrowers can use the platform to get a loan while keeping their own cryptocurrency.

In all loans, up to 70% of the total loan value will be taken into account to provide for the event of extreme market volatility. This means that the customer’s cryptocurrencies remain secured in a signature wallet.

Lenders receive added benefits after reaching the Bitto hodlers tier. This is reached after the lender has staked on the Bitto platform for an uninterrupted period of 15 days. After becoming a Bitto hodler, lenders will be allowed to make loan contracts with borrowers at no additional cost. However, any external lender will be subject to paying a small fee before being allowed to operate on the platform.

Once a lender has selected their country, they will be allowed to only operate from this area, in an attempt to limit instances of money laundering on the platform. Future Development of Bitto Bitto hopes to provide its services in both an online and offline capacity. The trend in the cryptocurrency industry is to operate purely online as it suits the medium of virtual currencies and is more convenient to access. However, Bitto believes that this eliminates a vital part of the customer relationship.

This has inspired the company to established brick-and-mortar offices in locations all over the world which customers are encouraged to visit for a more personal Bitto experience. For more information, please visit the or read the. Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of via Flickr.