How can Auroracoin be the 4th crypto-coin by market cap if it's unreleased yet?

0 0
0 0

It is already 5 days since AuroraCoin, the crypto currency that had the the idea of national distribution of premined coins to the population of Iceland, started distributing 31.8 AUR to Icelanders. The so called AirDrop requires people from Iceland to request their AUR coins by identifying with a National ID and the claim page is only available in Icelandic. There has been a lot of controversy regarding the idea behind the AuroraCoin, but initially it has helped the crypto currency to have a really high market cap and value, also because of the big number of premined coins that were not yet in circulation. Now, 5 days after the start of the AirDrop or the procedure for Icelanders to claim their AUR coins, the things may not look so bright when you look at the price of the crypro currency at the moment.

Out of the 50% that have been premined with the idea to be given away to Icelanders, so far about 755854 AUR coins are already in circulation through the AirDrop, or about...

0 0

Bitcoin has led the cryptocurrency revolution for nearly a decade. In the process, it has become the most recognizable name in the new world of digital currencies, and for many years it dominated the industry by maintain a position of 80% or more of the total cryptocurrency market cap. In the past few months, Bitcoin has also skyrocketed in price, practically tripling in value since the beginning of the year. And yet, in spite of these indicators of its dominant status, there is reason to believe that one of Bitcoin's competitors, a much newer cryptocurrency called Ethereum, is on pace to overtake the iconic digital currency in at least one respect: market capitalization.

39% to 31% As Of Last Week

By Wednesday, June 14th, Bitcoin had seen its share of market capitalization drop from 87% among all cryptocurrencies down to 39%. This sharp decline is in stark contrast to the precipitous gains in value that have accompanied the coin over the same time period of roughly...

0 0

Cryptocurrencies recently hit a new milestone: $100 billion in combined market capitalization.

The break above the 12-digit threshold was largely attributable to bitcoin, which accounts for nearly half of the entire crypto category.

So what makes up the rest? Here’s a chart breaking it down:

Bitcoin BTCUSD, -0.10% has more than tripled in 2017, according to crypto pricing site CoinDesk, and has been blowing through $100 milestones at a blindingly fast pace. Bitcoin’s recent gains have brought its market cap to $44.5 billion. At its current size, bitcoin has surpassed the market capitalization of such major companies as Ford Motor Co. F, +0.18% ...

0 0

Bitcoin is the king of digital currencies, at least for the time being. There are several competing digital currencies, however, that could one day rival bitcoin.

Many of these currencies claim to offer certain technical advantages over bitcoin. Other currencies are taking a whole new angle on digital currencies, trying not just to offer an alternative to cash, but also to offer software development opportunities, social media platforms, and other services powered by the blockchain.

For now, bitcoin enjoys a huge lead over the competition, at least in terms of market cap. With a market cap of $10 billion dollars as of writing this article, bitcoin is about ten times as large as the closest competition. Still, one day Ethereum, Steem, Litecoin, or another contenders could steal the crown. That’s why we’re going to take a moment to go over bitcoin’s chief competitors.

The Challenger: Ethereum (& Ethereum Classic)

Ethereum has been gaining a lot of...

0 0

Litecoin used to be a top player in the crypto space, branded as the “silver to bitcoin’s gold”. During the 2013 bitcoin bubble, LTC was the #2 market and was highly correlated to the price of bitcoin.

In 2013, bitcoin gained +11,000% and litecoin gained +500% over the price of bitcoin during its peak. The price of LTC hit an all time high of around $50 on some exchanges.

The last major litecoin rally was during the summer of 2015, when a Chinese LTC Ponzi scheme managed to accumulate at least 20% of the entire supply. Most of that supply was instantly dumped and the LTC/BTC markets have been on a long bear trend since.

Litecoin lost its correlation to bitcoin after the summer pump and was left behind during most of the year long BTC bull trend. That said, its USD value has remained somewhat stable and consolidating within a tight range.

Although litecoin hasn’t been a very good market to trade for most of 2016, it’s possible that this rock is a...

0 0

This is a Trial Version of Social Share & Locker Pro plugin. Please add your purchase code into Licence section to enable the Full Social Share & Locker Pro Version.

A lot of people will be keeping a very close eye on Bitcoin Cash today. After weeks of waiting, the tokens will finally be issued to Bitcoin holders in a few hours. Make sure your funds are located in a compatible wallet or exchange to ensure you can obtain these tokens accordingly. In anticipation of this major event, it appears the BCH value is not moving all that much on ViaBTC. The trading volume is increasing, though.


The long wait is finally over for most Bitcoin Cash supporters. Although it appears the majority of the Bitcoin community has no desire to see this project succeed, support for BCH is growing slowly. The only question is whether or not this blockchain will receive enough mining power to keep things moving along for the foreseeable future....

0 0
Crypto marketcap breaches $100bn. | Localbitcoins



Time to break into vault Geforce ... that said such a large amount of coins hitting the market would surely crash price .....


I keep my coins in cold storage on a hard drive, in a landfill site somewhere in Wales. I can't tell you where, however...


[G](// I see Lizzy has been along to inspect ....


Gold is so yesteryear.


Those be physical coins ...... [G Stash](//


>I keep my coins in cold storage on a hard drive, in a landfill site somewhere in Wales can you remember the password ?


For Wales? Immigration has got tough now we are in Brexit....


0 0

As you can imagine, the numbers on this have to make sense so that investors can make a reasonable profit for the risk they are looking at.

Cryptocoin Mining 101: How to Get Started - Lifewire

Coinschedule - The best cryptocurrency ICO list. Only.

There are a lot of questions on our forums or the internet already answered. The current up-front investment and maintenance cost to mine Bitcoins is no longer worth it for small-scale consumers.Unless you are willing to spend tens of thousands of dollars on industrial hardware and rent an air-conditioned office to house your hardware, there is no profit in mining Bitcoins Set a Wallet address and automatic payout in the Account Details Page. Study how equity prices can levitate when investors believe in the story. For example, look at how Tesla and Amazon can lose money every quarter but the stock price keeps going up. Without this, you don’t have the foundation to even start to think about a crowdsale....

0 0