Qtum Makes a Splashing Entry into the Trading Scene

in #qtum7 years ago

Qtum started trading on Yunbi today. The price started at 7X and slowly climbed to 23X ICO price and that's where it's trading at right now. I am expecting Qtum to make a strong push with mainnet release in September. Qtum is a UTXO based smart contract platform that will compete with Ethereum, but it's based on the latest Bitcoin core and POS 3.0

Qtum POS blocks as of now (could change before release) will be 4 coins a block every 120 seconds. With staking , and tokenized projects issued on the Qtum Chain the price should see a major but gradual climb. Ether scale adoption is not far fetched for Qtum.

Qtum will not suffer from scaling issues that ETH is going through right now. There is a debate about the UTXO model and other models, but to me each approach has it's own pros and cons. From an investor perspective, I see a valid investment in all sides, as each project will have to deal with it's own cons and solve issues accordingly.

As they always say, do not put all your eggs in one basket, it will be wise to spread your investments into these smart contract platforms, as they represent the future of the blockchain tech integration into the business world.

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Thank you for the valuable information @joseph!

I will keep in mind your advice!!!

Follow you

Nice. Did you see the Chinese social network platform YOYOW?
https://www.ico365.com/pitch/index/102

Yes, I meant to do some research on that. Is the ico still going?

89% funded after 2 days. Pretty sure it wont take the full month :)

https://www.ico365.com/pitch/index/102

I like that cap :D

You mean the 600 btc? They have a nice early bird bonus I got to take advantage of too.

well even without early bird that cap leaves a lot of room for growth.

nice post

That sounds rather good so far! Keep up the good work. Namaste :)

HMMMMM very GLAD I bought 5000 in IPO ;)

upvote and rs for you...

I am always late :(

amazing article.. @joseph like always :) Keep going

Good job @joseph
I like it

hm ..... have to look into qtum.
thank you. upvoted ^

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