While the bears hug BTC and LTC today, some Altcoins are getting hooked by the Bull and going for a ride. Here are the most popular Altcoins RIGHT NOW in Ecoin Club community. Please note that the coin exchange rates fluctuate quickly. Click the Coin name to see the most updated information and charts.
11/16/2013 – Popular Altcoins
Devcoins: Devcoin has been trending up since the 12th. After a quick retreat earlier today and yesterday the Decoin shows some bounce back. They are up as much as 8% in the last 24 hours.
Goldcoins: Goldcoin trade against BTC and have had a stable ascend since last November. They are up as much as 18% in the last 24 hours.
Worldcoins: Worldcoin started rising in late November and have continued to stay up. They are up as much as 35% in the last 24 hours.
Diamondcoins: Diamondcoin has been around since July. As recently as November they were at about zero. The market seems to have picked up steam. while it is still well off its highs, they are up as much as 40% in the last 24 hours.
Nobody can predict the future but these Ecoins are showing something that makes us want to get a few.
AmericanCoin: This coin was introduced back in June and it had a very slow and steady decline until a little past Thanksgiving. Then it started to show signs of life and a heartbeat. Since the 8th of December that heartbeat has been getting stronger.
Stablecoin: The name is kind of ironic because in the exchanges, this Ecoin is anything but stable. It has had some big pumps and big dumps. It is exchanging near its 10 day lows and no where near its highs. This Ecoin may still have some dump to go, but we are keeping our eye on it, just in case dump goes to pump.
Protoshares: This Ecoin is the precursor to a Distributed Autonomous Corporation (DAC) which is basically a peer to peer network for hire. Most Ecoins mining computers only mine for the Ecoin and/or process transfers of the Ecoin. The vision of the DAC is to put that computing power to ‘better’ use. Anyone may acquire shares in the DAC by mining or trading for Photoshares. The initial DAC is being developed by a company called Invictus Innovations Incorporated.
Once the company launches the DAC, the Protoshare holders will be able to exchange their Protoshares for shares of the DAC called Bitshares. The value of the Bishares is backed by the processing work of the DAC network computers. Some of these services could include payment processing, asset trading, domain name services (DomainShares), or really any service that benefits from peer to peer network computing – which is just about anything. For example, it is possible that i the future a DAC could operate like a cloud computing solution like Amazon Web Services. As a Bitshare holder, the Bitshare owner is entitled to a dividend for the value of the work performed by the DAC. Most other ecoins are only backed by the Ecoin’s value as a form of wealth representation and transferability. Photoshares aim be be valued by the work being performed by the network running the Photoshare.