Asch coin, is a Chinese based venture. The token essentially is a lot like Ethereum… meaning it is a platform created mainly for developers, to build their own apps (DAPPS). So for others to be able to create there own programs, coins, projects on… it has a cool kind of App Store thing going for it as well.
Asch addresses some scalability issues that Ethereum is still struggling with. When a Dapp is created on Ethereum, all the code has be loaded on and executed on the actual block chain… which makes it huge. They have somewhat addressed this by compressing and optimizing the data, but lets be honest, it's a temporary fix.
Asch aka XAS on the other hand uses a system called side chain. Which is very much what is sounds… it’s a separate ledger that’s linked from the blockchain but runs independently, has it’s own ledger and isn’t immutable, thus allowing developers to be able to constantly customize their Dapps.At the time of this video Asch coin is sitting at 0.71 USD. And to me it's a strong BUY. My Price Prediction is it will be worth a few dollars in the coming months. Make sure you checkout ANS as well.
To stay up to date on new coins, ICO's, and price predictions of the cryptocurrency market make sure you subscribe to my channel at http://youtube.com/ethereumevangelist
Power to the People!!
I found your post when I wanted more information on what this new looking coin on Coin Market Cap was that just exploded. (side note: I notice steemit coming up in search results all the time even for noncrypto subjects!)
It's now at $0.97 .
I wasted a lot of money on Ripple yesterday as I had the foolish idea that it had gone low enough that buying in then would at least generate a little extra when it went back up to $0.28..... I also stuck a bunch in Ether and also in Litecoin that initially started to gain value but now dropped lower than I had when I started with! Now bitcoin is back at over $2600 rising and yet bloody Ether, Litecoin and Ripple are still losing more value!
This wouldn't be so annoying except that I normally stick everything in STEEM as my number 1 main crypto investment. At this time the price kept fluctuating with what seemed like the slight wave up and down from bitcoin. With Steem I really wanted to buy nearer to the $1.5 and it kept wavering around $1.70. Since i figured Ether or Litecoin would rise when bitcoin starts rising again I believed there was a good chance I could catch steem when it dropped again, or at least gain extra with Ether and Litecoin (and Ripple....) going up and therefore end up with more steem for my cash at the same price point.
Terrific. All 3 coins are the only ones still shitting themselves as I write this. . And now Steem is $1.81.
You think it will go back down before ltc or Ether rise again?
What I was wondering also was whether I should try and grab Asch ?
Now Asch is at 0.98....
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If only you knew what you know now (when you wrote this comment)! HAhahaha! This has been a fun month to say the least.
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Fine thread. I was about to post a similair thread. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) An interesting website I found: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Sorted by team, product, company, advisors, previous investors, etc. For example: https://www.coincheckup.com/coins/Steem#analysis To see the: Steem Investment research report.
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