BUY YOUR FIRST BITCOIN FROM COINBASE (THE ONE I USE... YOU SHOULD TOO)
Today's post once again will be featuring an analysis of the various `fiat leaders' at certain levels of scarcity - much like the previous post. Certainly when you are investing in Crypto it's important to know - scarcity - and `usefulness'/utility - and presence/following in community.... as basic attributes of a cryptocoin. (IMO - Avoid coins with no website. And be very cautious about ? as the figure of coins available, many coins list ? making your purchase a pure gamble.)
More importantly - I've grouped this analysis to provide coins that aren't so much apples to oranges - as each coin in a group is comparable in size to at least a factor of 2.
Are the coins in your portfolio... over priced or under-priced? What dreams do you have for the value of the coins in your portfolio?
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Information from Coin Market Cap (JUNE23RD)
Extreme Abundance Coins ; 150 Billion+ Available
(5 coins in category)
BYTECOIN - 0.000028
IF the coin you are investing in has over 150 billion available remember that BYTE is the top valued coin at 2/1000th's of a penny.
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Abundance Coins; 83 Billion - 113 Billion Available
(10 coins in category)
DOGECOIN - 0.0002
Dogecoin is the most valuable coin in fiat value in this category, worth 2/100th's of a cent.
The least valuable coin in this category is the CORGICOIN - worth $ 3e-08 - that might suggest that Corgi is the most undervalued in this category - up 30% in the past 7 days too.
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Dream Big Coins; 30 Billion - 69 Billion Available
(7 coins in category)
RIPPLE is the most valuable coin in fiat value in this category, worth ONE CENT. (0.0106)
Five coins in this category all have very similar values at 0.000002 or 0.000003 (2 or 3, - 10,000th's of a cent) FLAPPY, KARMA, TICKETS, HTML AND PANDA. Only ZEIT coin has `lifted off' at a value of 0.000012 - then again any of the other five at this value is a 4-6 fold increase potential.
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Dream Coins; 12 Billion - 27 Billion Available
(10 coins in category)
MINTCOIN is the most valuable coin in fiat value in this category, worth 0.000075 - or 7.5 1000th's of a penny.
Most of the other coins of this category have values similar to the Dream Big Coins category above 0.000002 or 0.000003 - only Reddcoin at 0.000015 and Smileycoin at 0.000007 have broken out from the pack. This might suggest that the coins worth 0.000002 or `3' - might have some room to run. Indeed a look at some of these coins increases in just the last 7 days might suggest some upward movement -
HEISENBERG +2,158%
CARPEDIEM +363%
SMILEY+208%
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Fantasy Coins; 6 Billion - 10 Billion Available
(10 coins in category)
DIGITALNOTE is the most valuable coin in fiat value in this category, worth 0.00019 -- about 1/50th of a penny.
Two coins are not worth even 0.000001 including PHOTON, and BATCOIN. But are DEVCOIN and DOGECOINDARK opportunies and undervalued?
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Expectation Coins; 2.5 Billion - 5.2 Billion Available
(6 coins in category)
BITSHARES edges out STELLAR in market cap and fiat value in this competitive category. Bitshares (0.0073 -- 7/10th's of a penny) Stellar (0.0035 - a 1/3 of a penny)...each worth 1000's of times what POPULAR coin is valued at.
And is LITEDOGE an opportunity at Bittrex when valued at (0.000007)?
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Possibility Coins; 1.0 Billion - 2.3 Billion Available
(14 coins in category)
This VERY competitive category has only produced one real winner .... the NXT coin 0.012 fiat... valued at just over a penny and perhaps the most traded coin among multiple exchanges and for multiple currencies. That alone can be a driver of `value' occasionally.
Nearly ALL of the other cryptocurrencies in this category are light years behind in fiat value. IF you want a LONG SHOT - try UFO coin (what if one lands?) - or perhaps COMMUNITY COIN at Cryptsy - (not even a current website... but what a name).
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Expect Part Two Soon
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