Top Cryptocurrencies to Invest In

Cryptocurrencies have quickly become an essential part of everybody’s portfolio. From being a risky asset that didn’t warrant more than a throwaway amount of money being invested in it, it is almost its own asset class. All of this has happened over a short few years, and it is expected that this trend will continue.

As with any investment, it is important you come to it with a sober mind. Your returns are more likely to be high the more you doubt your original thesis. That is to say, if you believe the first idea you come up with and never question it, you are going to lose money. To avoid these situations you should think about exactly why it is you think a cryptocurrency will go up.

Before you do this, it is probably necessary to point out there are two main types of cryptocurrency. There are the well-known coins that have reached some sort of mainstream acclaim, and then there are the alternative coins which fewer people have heard of. There is a high amount of risk in all types of cryptocurrency when compared with traditional blue chip stocks or cash, but the well-known currencies are less risky than the obscure ones. This is simply a matter of the network effects involved. Once a coin has achieved some sort of notoriety, it has “made it” in a sense. It still may fail due to poor engineering and a lack of real-world use, but it got the exposure necessary to catch on. This isn’t always true for alternative coins, which is why it was necessary to point it out.

Icynene To Acquire Lapolla Industries For $1.03 Per Share In All Cash Transaction

Strategic Combination to Create Industry-Leading Manufacturer and Distributor of Performance Spray Foam Insulation

MISSISSAUGA, Ontario and HOUSTONOct. 5, 2017 /PRNewswire/ — Icynene U.S. Holding Corp. (“Icynene”) and Lapolla Industries Inc. (“Lapolla”) (LPAD) today announced that they have entered into a definitive merger agreement under which Icynene will acquire all the outstanding shares of Lapolla.  The transaction is valued at approximately $160 million, including net debt.

Under the terms of the agreement, stockholders of Lapolla will receive $1.03 in cash for each share of Lapolla that they own.  The transaction was unanimously approved by Lapolla’s board of directors and, following Lapolla’s entry into the agreement, Lapolla stockholders holding approximately 78% of Lapolla’s issued and outstanding voting shares executed a written consent approving the merger agreement and the transaction.

VVToken Announces ICO to Make Electronic Financial Services More Accessible and Affordable

VVToken (VV),the company that created a financial solution designed to provide a broad spectrum of services to a diverse array of international users, today announced it will open an Initial Coin Offering (ICO) on December 5, 2017 to fund the final development and launch of its new blockchain consumer finance platform, CyberBank™.

VVToken will initially introduce two technology-based CyberBank™ products that will revolutionize electronic connectivity between fiat and cyber currencies. VVToken aims to raise up to 30 million in a token sale to deploy a platform offering payment security and mobile affordability that utilizes the security and reliability of the blockchain while delivering financial appreciation to the cardholder. For detailed information on VVToken’s ICO, visit www.VVTokens.com and read the company’s white paper here.

Cryptocurrency: Waiting for Capitulation

Total Market Capitalization peaked around 115B on June 24, 2017 after a very steep ascent. It is now dropping  just as precipitously, currently down almost 50% off the high. Not only are we witnessing some real pain but the bottom at this point is still unknown. Can we fall 75% off the high, 80%? Worse case scenario, yes we could.

These are some contributing factors:

1. Bitcoin upgrade is a big unknown; if it splits, I think the market will react negatively. If it succeeds beautifully however, everyone breathes a big sigh of relief and the bull market continues.

2. ICOs are cashing in. Even established coins need to lock is fiat money to continue operations.

3. Ethereum is waiting for Metropolis. We need good news from somewhere.

When to know the bottom is in?

Capitulation is a good indicator.  Capitulation means to surrender, to throw your hands up and say, “I can’t take this anymore.” The pain of losing profit (or losing capital) becomes unbearable and the fearful will sell into the collapse. There will be a point where they will do it “en masse” and the volume will be great, that’s capitulation. My guess it happens around August 1st when the bitcoin fracas comes to a head.

Have some dollars ready, it will be a great buying opportunity.

Interview with Steven Saxton, Founder and Lead Developer, EverGreenCoin

1. EverGreenCoin (as described on your  facebook page) is an X15 algorithm PoW / PoS hybrid crypto currency. Are there many other coins that use this configuration? Why did you choose this particular hybrid?

EverGreenCoin (EGC) was literally designed from the ground up to be environmentally friendly. There are other coins that are X15 PoW / PoS hybrids, but few have the same structure of a foundation being funded by a small portion (2%) of the miners work and none have the same intent and exact same distribution and hence, coin supply.

X15 was used because at the time of creation it was not invaded by ASICs.ASICs are machines designed specifically for PoW mining that consume as much electricity as possible in an attempt to gain a disproportionately large amount of the distribution of coins. X15 ASICs are now readily available but fortunately were not before EverGreenCoin’s PoW phase had ended. Had the EverGreenCoin’s PoW phase lasted just a few weeks longer, people would have been able to mine EverGreenCoin with ASICs and that enormous consumption of electricity was avoided in EverGreenCoin’s name.