[24 Jun 2017] Is Vertcoin Really Worthy of the Hype

A little known coin, but quickly getting an increasing fan base is Vertcoin. Vertcoin launched in 2014, spiked and then stagnate the last few years but is recently seeing a revival with its latest Segregated Witness (SegWit) upgrade in May this year. It claims to be Bitcoin alternative, which is just really saying that it's largely the same but with some key adjustments. However, the key difference here is that it will decentralize mining which is kinda huge concern for people right now. I'm personally not excited by this coin because it’s not that unique enough that other coins cannot replicate. Market forces are saying otherwise though with some even swapping from ETH mining to Vertcoin mining.

I haven't decided if I want to invest in this coin yet. Just not feeling it. It's just a tiny bit over a dollar now, so you are up to it, maybe you might want to park a little here just in case the value shoots up as some people in the forums have predicted. "This should be a 10 dollar coin," someone quoted.

If you have inside information, please drop me a comment and let me know what I’m missing out. 

And in other news, Onecoin is rocked by yet another scandal. Just what's up with Onecoin?

Onecoin if you haven’t heard about it yet, is led by Bulgarian Ruja Ignatova. Its main business is selling educational courses to teach you how to trade. Ruja seems like all kind of awesomeness and her PR campaign even showed her on the cover of Forbes but that and like many other news has been uncovered to be fake. On 16 June Ministry of Planning and Investment of Vietnam issued a statement that the license Onecoin said it’s been issued by the Vietnamese Government is a fake. More fake news!

And in one other news not exactly related to cryptocurrency but was something I covered in my 15th Jun update on Potcoin, Denise Rodman and North Korea. The released American student Otto Warmbier who was in coma has died. North Korea is utterly surprised by this. They are calling it a mystery. 

My name is Eugene Tay. If you found my videos useful, please subscribe to this channel. Like and share the video with all your friends. Don’t get left behind.