Ethercoin Price Falling-- Are Investors Rightfully Disillusioned?
Ethercoin is an asset backed by the Ethereum project's ethers, which Ethercoin developers purchased during the Ethereum presale. Assuming the developers fulfill their promise, ethercoin holders can redeem their coins at a 1:1 ratio for ethers once the Ethereum project official launches its blockchain. Since its launch, the ethercoin price has been incredibly volatile, bringing huge price swings almost every day. Nevertheless, the ethercoin price has been trending downwards. This price decline might tempt traders to invest on speculation, but investing in Ethercoin is a bad idea. Also Read:....
Related News
Ethercoin is an asset backed by ether, which does not exist yet itself. If you have ever wished cryptocurrency operated more like central banks, you're not alone. Well, you probably are, but that has not discouraged the developers of Ethercoin from introducing a currency that would make the central bankers proud. By creating a coin that operates completely on trust and gives developers nearly complete control of the network, the Ethercoin developers are proving they could have what it takes to one day run a national government's central bank. Also Read: USDcoin May Become Reality, Says....
Stephen Tual of Ethereum has confirmed speculation about the soon to be 'launch' of the project leading to the controversial third party traded 'Ethercoin' to skyrocket in price. On their official blog, Stephen Tual, CCO of Ethereum confirmed speculation that the international project would 'launch' stating that “We are only days away from launching ‘Frontier.’” He goes in some depth as to what to expect and where to get the information you need. Tual also explained that as far as the 'launch' goes: “There will be no countdown – Ethereum is not something that’s centrally ‘launched,’ but....
The falling Chinese yuan has yet again led to a rise in the demand for Bitcoin among Chinese investors. Bitcoin price has picked up yet again. The price of the popular digital currency has crossed the $700 mark. Like always, even this time the increase in price is driven by rising demand among the Chinese investors. The latest developments in Bitcoin ecosystem is being closely watched not just by the cryptocurrency community, but also mainstream media and conventional financial institutions. Various leading news media outlets are reporting the surge in digital currency price, which is at....
Bitcoin has exploded higher over the past few days and past few weeks. It has rightfully drawn the attention of many investors and users that normally don’t dabble in this space. Rapper “Logic” recently said that he wants to “count his Bitcoin” to his 2.4 million Twitter followers. “Logic” Continues to Promote Bitcoin on Twitter Bitcoin has exploded higher over the past few days and past few weeks. It has rightfully drawn the attention of […]
If you check in on the current status of crypto investors, they will tell you the sky is falling, and they are in a state of panic. Meanwhile, traders who rely on leverage trading solutions from PrimeXBT during a falling market are profitable and have a well-positioned portfolio designed to withstand the macro-environment ahead. Here […]