Altcoin

The fact that the Bitcoin price is moving up so fast surprises cryptocurrency and Blockchain experts. We know that Bitcoin is a promising investment tool, yet the price has doubled in just half a year, from $850 in December up to its latest maximum of $1,750 in May. Could good news like world governments accepting cryptocurrency play a role in the Bitcoin and altcoins price race? Or are we observing another ponzi scheme? Should we expect corrections soon?

Updated: 9 of 17 altcoin communities, that are going to be delisted from Poloniex, are not dead and have commented on the situation.

On April 18, 2017, Poloniex published an announcement that it is going to delist 17 altcoins. However, there are signs that someone knew about Poloniex’s decision to remove some altcoins before the official announcement on Twitter.

Poloniex has recently announced its plans to delist 17 cryptocurrencies on May 2, 2017.

A bill regulating Bitcoin and cryptocurrency use in Russia is still in the development stage, while local service Cryptonator is already offering a new option that allows online merchants to accept Bitcoin and other major altcoins as payment.

September 17, 2016 - Ripple (XRP) gets 55 million funding, rises nearly 100%; Stellar (STR) follows Ripple and rises 50%; STEEM reaches from 0.007 and now sits at 0.0008 down nearly 90% since launch; XCP quietly creeping up, gains 80% this week.

September 7, 2016 - Monero breaks all-time highs, while Alpha Bay and Oasis DarkNet adoption take hold. Shadow Cash releases new Graphical User Interface and witnesses new heights. Storj project raises a successful crowdfunding campaign and it’s accompanying coin SJCX revisits previous highs. Bitshares gains 30% with a share drop from a new project: Peer Plays.

One of the newest cryptocurrency tokens, STEEM Dollars, designed as the reward token on the Blockchain-powered social network Steemit, strengthens its position on cryptocurrency markets and becomes one of the currencies that is gaining popularity faster than any other.

A report that describes the potentially quite dangerous altcoin DDosCoin, has recently been published. This coins uses a principle similar to Proof-of-Work – “proof-of-DDoD” for coin mining, so miners must actually participate in DDoS-attacks on a specific webserver target.