Unobtanium: Can We Consider It a

Unobtanium: Can We Consider It a "Stable" Cryptocurrency?

There is a chance that you may have never heard of Unobtanium, and other500-something cryptocurrencies that seems to have been jammed in between each other. But to tell you about a cryptocurrency that has been in existence since 2013 and is being trending sideways with minimal price fluctuations, Unobtanium might be something every cryptocurrency trader should know about. Let's try judging the mysterious altcoins by its "trading" cover. It opened to trading bazaar on December 21st 2013 with a market cap around $5.37 million, while valued near 0.0082 BTC. After a few initial hiccoughs (one....


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Cryptsy Funds Have Moved To A Bittrex Wallet

With the investigation into Cryptsy still underway right now, it seems odd one of the exchange’s altcoin wallet addresses has a declining balance. To be more precise, someone noted how the Cryptsy Unobtanium wallet has been sending funds to Bittrex, where a major dump of the digital currency took place. So far, the Bittrex team remains tightlipped regarding the incident. Cryptsy Funds On The Move. By the look of things, someone has been moving Unobtanium funds from a Cryptsy wallet over to the Bittrex exchange. Based on various Twitter reports – which are always subject to....

Market Analysis: Stable Week

As the title suggests, this week has been stable for the most part. Take the world stable with several grains of salt, as stable in cryptocurrency is still volatile for most people to stomach when they have been used to the relative stability of the dollar and people in precious metals. For example, let’s take a look at some of the more recognizable cryptocurrencies such as Litecoin and Darkcoin. Litecoin has stayed in the $5 range, with volume staying around the $2.5 million mark. With a market cap that Litecoin possess, I fully expect Litecoin to recover from the downward trend it has....

The Economics of Stablecoins

Stablecoins are a new idea that is being advanced by some people in the cryptocurrency community. A stablecoin is a digital currency with a flexible supply. The idea behind such a coin is simple: we create a cryptocurrency that uses some kind of metric to track demand for the coin, which will trigger an automatic increase or decrease in the coin’s supply. This is supposed to keep the purchasing power of the currency stable — hence the term “stablecoin.” The motivation behind the idea of a stablecoin is the belief that low purchasing power volatility will be the main driver behind....

Best Altcoins to Trade in 2015

It is indeed hard to pin down the best altcoins among the lot of over 500, so please don't mind if we missed out your favorite cryptocurrency. Meanwhile in our opinion, the following are the best altcoins to trade in the year 2015, a list based on their price stability, future projects and mining profitability. We have left out famous cryptocurrencies like Litecoin, Dogecoin, Peercoin and Ripple deliberately to make some space for new altcoins. Dogecoin Dark. Dogecoin Dark is presumably a full-anonymous version of Dogecoin, which is further backed by a decently populated community. The....

Cryptsy Escape: UNO Wallet Funds Returned after Mystery Transfer to Bittrex

Holders of Unobtanium (UNO) caught a break when the Bittrex exchange noticed the assets of the largest UNO wallet strangely appeared on Bittrex and impounded it. The wallet had been somehow transferred from Cryptsy, an exchange that has been discontinued and its assets placed under court receivership. A Twitter post shows the UNO assets that appeared on the BIttrex exchange.While Cryptsy’s assets were placed under the control of a court receiver last year, the transfer of 15,000 UNO to Bittrex reveals that someone has access to Cryptsy assets and attempted to cash....

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Bitcoin is Cash with Wings.

Charlie Shrem