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What Are Altcoins and Why Do They Matter?

The word “ altcoin ” is an abbreviation of “Bitcoin alternative,” and thus describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component. There are hundreds of altcoins ( CoinMarketCap  listed 478 at the time this guide was written), and more appear each day. Most altcoins are little more than Bitcoin clones, changing only minor characteristics such as its transactions speed, distribution method, or hashing algorithm. Most of these coins do not survive for very long. One exception is  Litecoin , which was one of the first altcoins. In addition to using a different hashing algorithm than Bitcoin, Litecoin has a much higher number of currency units. For this reason, Litecoin has branded itself as “silver to Bitcoin’s gold.” However, some altcoins innovate by experim...
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is Ethereum bouncing back?

As of today, 29th of December, ether has been bullish for a week or so which sees the price reaching ≈$150. Ether has been underperforming for months which sees the price crashing from its peak of ≈$1300, down to ≈$87. While this may sound in appealing, investors seem to be keen to invest but are being held by the fear of experiencing a bearish market. Investors have been hopeful to see the price break through to the hundreds and this times seems like a prefect time for investment.
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The 6 Worst ICO’s ofAll Time

Poor returns, failed technology, and outright scams are some of the reasons investors are leery of ICOs. 2017 has been a fantastic year for ICOs, and  we’ve covered many of biggest and most exciting releases . ICOs have skyrocketed into mainstream prominence. Each day we see more and more ICOs being  submitted  to our  ICO calendar . The advantages of ICOs are two-fold; the team gets money fast, investors get tokens early. But the dark side reared its head this year too. Poor returns, failed technology, and outright scams are some of the reasons investors are leery of ICOs. Many have called the ICO trend a bubble, and the SEC has been deliberating cracking down . Below are a few cautionary tales. 1. ONECOIN One of the worst ICOs of 2017 was OneCoin, a textbook scam from start to finish. OneCoin was a multi-level marketing Ponzi scheme (think Cutco knives). It’s difficult to give more detail, because there’s no information a token was ever create...
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