Monacoin Price Has Terrible Week

Monacoin Price Has Terrible Week

The Monacoin price had a terrible week. The "Japanese Dogecoin" saw its price fall by more than 20%, including more than 10% in the past day alone. However, the Monacoin price has historically been very volatile, and the recent price decline is not an unusual occurrence. CCN examines this altcoin price movement. Also Read: Dogecoin Price Rocket-ship Runs Out of Fuel. Monacoin Price Falls. The Monacoin price as 17,725 satoshis on October 9. The next day, it rose slightly to 18,930 satoshis. That mark would prove to be Monacoin's weekly peak. On October 11, the Monacoin price declined to....


Related News

Monacoin Price Stabilizing After Mid-Year Pump

Monacoin-the so-called "Japanese Dogecoin" -took the altcoin markets by storm during July. As the Monacoin price increased, the coin shot up the market cap charts. Unfortunately, Monacoin fell prey to a pump and dump-a fate few altcoins have avoided. Now, five months later, it appears the Monacoin price is finally reaching a point of relative stability. Also read: Monacoin Price Has Terrible Week. Monacoin Price Stabilizing. Monacoin launched on January 1, 2014, but it flew under the radar for the first half of the year. However, people began to take notice of Monacoin during mid-July, and....

Why Japan Fell in Love with Monacoin, the Cat Meme Cryptocurrency

Never mind the cute Shiba Inu of dogecoin, people in Japan are falling for a new Internet meme-based cryptocurrency - the locally invented and cat-logoed 'monacoin'. While it has only about a third the market cap of dogecoin, the scrypt-based monacoin held a 12th place ranking for the past week on Coinmarketcap and was in the top 10 on Cryptocoinrank with a market cap of $6.13m - despite estimates that 90% of its user base is located in Japan. Few other, if any, non-bitcoin cryptocurrencies have achieved this level of interest with such a geographic concentration of users. At least five....

Ulbricht Trial - DPR's Diary

So we've all been following the Ulbricht case very closely - and here at NewsBTC we have done our best to bring you the latest updates and information regarding community support. Today a Forbes contributor published a great piece that summarized some of the salient points from yesterday's action - wth the primary focus being what is allegedly Ulbricht's diary of his weekly/daily operations, from the very beginning. Here are a few of the highlights: On the inception of Silk Road (end of 2010): In 2011, I am creating a year of prosperity and power beyond what I have ever experienced. Silk....

JP Morgan Chase CEO: Bitcoin a "Terrible Store of Value"

Flickr/Fortune Live Media. The CEO of JP Morgan Chase - a major financial institution - has made some, shall we say, controversial remarks on bitcoin. Primarily because he's demonstrated in several sentences he knows very little about it. "It's a terrible store of value. It could be replicated over and over," Jamie Dimon said to CNBC. "It doesn't have the standing of a government." We normally try to stand objectively. But this is complete silliness. Mr. Dimon, do understand bitcoin does not simply get "replicated over and over". On the contrary, that's what happens with the United States....

Here are the YTD returns of Bitcoin, Litecoin, and Dogecoin

Cryptocurrencies such as Bitcoin, Litecoin, and Dogecoin are known for their dangerous volatility, but have they generated any returns in 2015? Barring Dogecoin, which generated negative returns, the other two have generated phenomenal returns year-to-date (YTD) for investors. Let review each of them below. Bitcoin - A Wild Ride It Has Been! Image. Year-to-date: 24%. Bitcoin witnessed wide price vicissitudes in 2015, reaffirming its stance as one of the most volatile currencies in the world. Bitcoin started the year on a terrible note, immediately falling more than 50% from north of $310....

Quotes

I see Bitcoin as one of the biggest things for potentially reducing the power of state and uplifting the power of the individual to happen for ... forever maybe.

Zander Marz - Author of “Beyond the Government Haunted World”