The cryptocurrency world is full of surprises. Want it or not, it will keep on surprising you, because in a nutshell, we can say it is the craziest market the world has ever seen: open 24/7, new ICOs, new coins created everyday, and literally very little time in order to get familiar with all of them. If this virtual coin market was a big encyclopedia, Wall Street marketplace would look like a silly little kid's 30-page, easily-readable book in comparison. Just to give you an idea. No one has managed to master everything inside this market so far, and this is the biggest challenge you can probably aim for. Not an easy one of course, but not an impossible one.

Because if you keep on reading more and more white papers, listing the coins that matter to you, for a specific purpose (whether holding in long-term or just gambling and taking your money once you see it quickly rises), following the team news related with most cryptocurrencies, you will end up reaching a stage where you have enough experience to know if a coin is worth investing in or not. Because most of us are of course here because we want to make profit. Personally, I'm also here because I'm enthusiastic about these kind of projects, and look for a world where we would be less and less dependent from the banks and political systems, in a libertarian, anarcho-capitalist world where everyone would literally be free to earn money the way he/she finds the best.

But let's get back to this coin that impressed me today, the winner of the day (according to ccn.com) of course: it is called Dollarcoin, or DLC. We have very little information about it, apart the fact it is ranked 732 for now, among more than 1380 coins, and its main purpose, as its name suggests, and from what I found, is dollar-oriented: it is meant to do fast transactions in dollars for people living anywhere in the world, without any regulation. Well, quite similar to Bitcoin in a way, don't see any real difference, apart from the fact it tries to make it faster. But again, the reason why I am focusing on it is its sudden burst.

For anyone interested, here is its source code https://github.com/dollarcoins/source

So its market capitalization is more than 1 600 000 USD, not so bad for a "little coin", as it represents 117 BTC, its volume traded in the last 24 hours is more than 104 000 USD and it has a circulating supply of more than 9 000 000 DLC coins. Add to that the fact it burst quickly from 0.019 to 0.18 in about 20 minutes and stagnates here for now (about 10 times the initial value ! Huge profit !), and it becomes a really interesting coin to keep watching in the following days or weeks.

As I said in a previous post, the most interesting moment of a coin in order to gamble is when its value is below 0.1, or even below 0.05 $. Then its room to make interesting bursts that give you maximum profit is really big, as it doesn't require much to make a "factor 10" profit really fast, provided you watch it carefully and know when to withdraw your gains (setting yourself a limit is always good not to end up waiting for the right moment).

As for the other way of making profit with those coins, I bet you already know it: simply holding things like Bitcoin, Ethereum, Ripple, Dash, for more than months, a year at least for Bitcoin and Ethereum, as those are promising sources of profit, everyone has been trying to prove it with long talks and analysis on here and youtube, I don't need to do that right now, I will dedicate one post to Bitcoin and another one to Ethereum soon, just to clear some remaining things up inside minds. But right now, just watch this DLC ! That was my tip of the day. And keep watching the coins that are out of the top 100 as well ! DLC can be purchased on Yobit, I personally haven't yet managed to get on it, but I am probably going on and testing this platform rapidly !

Last but not least, let's show you an overview of this impressing burst (in green is its value in USD):

Here is a more accurate display:

That's it ! Thanks for your attention ! I will be back soon with more of the same kind ! Stay crazy and keep making fun of life instead of letting it make fun of you :D

MY CRYPTO-RELATED POSTS SO FAR : HAVE A LOOK IF YOU ENJOYED WHAT YOU SAW !

https://steemit.com/bitcoin/@loonyfool/china-and-bitcoin-mining-decisions-can-change-things-in-the-market
https://steemit.com/cryptocurrency/@loonyfool/crypto-alert-bitcoin-in-free-fall
https://steemit.com/cryptocurrencies/@loonyfool/crypto-news-ripple-bursting-my-views-don-t-get-emotional
https://steemit.com/cryptocurrency/@loonyfool/crypto-alert-what-is-happening-right-now-is-crazy-here-is-my-point-of-view
https://steemit.com/crypto/@loonyfool/vitalik-buterin-founder-of-ethereum-interesting-analysis-this-is-my-pick-of-the-day-as-a-crypto-video-lesson
https://steemit.com/ico/@loonyfool/new-interesting-ico-travelblock
https://steemit.com/cryptopedia/@loonyfool/the-metaphysics-of-cryptocurrency-putting-clear-sightedness-into-action
https://steemit.com/cryptonews/@loonyfool/japanese-companies-to-start-paying-in-crypto

MY SOUNDCLOUD PAGE FOR EDM LOVERS AND MUSIC ENTHUSIASTS

https://soundcloud.com/user-845067406/hydrogen (with most successful creation I believe, but you can also take a look at the others)

THE TAGS I USUALLY POST IN: CHECK THEM OUT ! HAVE FUN ! LIFE IS ONLY ABOUT FUN ! :D

ravemusic

arsenalnews

footballderbies

footballnews

trashilarious

#cryptonews
#cryptopedia