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....


Related News

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 interpretation –....

Unobtanium - The Random Coin of the Day

So many coins are launching every month, but which coins are actually noteworthy? Which ones are pump and dump scams? Which ones should I invest in? These are just some of the questions people ask themselves when they look at the altcoin market for the first time. I’ve decided to start writing a “Random Coin of the Day” saga of articles to further examine some of the more useful, but less exposed coins on the market. While there might not be a random coin of the day every day, I will be interviewing developers from different interesting coins on the market in order to allow them 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....

Women in Tech Say Proposed STABLE Act Harms Those It Claims to Protect

Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse.

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....