The Hempcoin Hodl That

HODL THAT! #8 – THC With Hard Fork and Cheap Masternodes

in INVESTING IN CRYPTOCURRENCIES/TRADING CRYPTOCURRENCIES

UPDATE: It looks like the hard fork has to be postponed again. There are unconfirmed rumors in the telegram group. Furthermore, the minimum collaterals for the masternode have been increased to 20,000 THC as per the recently released white paper. 

Potcoins – sadly often used for pump and dumps – are actually really useful to their industry and provide a realistic use case for a cryptocurrency. In this issue of HODL THAT! we want to take a look at The Hempcoin ($THC) and why we think it could be pretty worth it to hold it for some time or even use the upcoming opportunity of their masternodes. There are several fundamentals we like and make us think $THC could be a good trade.

Disclaimer

This article is for educational purposes only. We are no financial advisors. Do not make investment decisions based on this informations. The information provided from Smart Options is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance.Please do your own research and never let anyone trade your account for you. We do not support or advertise Fund Management in any kind of manner. We solely review signal providers, their work/analysis/provided education. Please read this disclaimer and leave the website if you disagree with it.

Fact #1: Recently we explained the concept of masternodes and how they can bring some nice and juicy passive income rewards. The downside with masternodes is that you generally need to stake a lot of coins/tokens, so the setup costs are high as it usually needs quite a huge investment to start.

Fact #2: The USA is moving more and more in the direction of legalizing marijuana products for medical and recreational use.

Fact #3: $THC (The Hemp Coin) is one of the most used Potcoins for transactions between hemp farmers and distributors, in dispensaries to purchase medical marijuana and to purchase marijuana farming equipment.

Fact#4: $THC announced a hard fork for the end of January, and the price shot up. They had to postpone it 23rd of February, and the price plummeted.

Let’s connect the dots: Those who really got the concept of a masternode are likely to want to run such one. Way to often they just can’t afford that, as you for the most of them you need around 10k USD in the particular cryptocurrency.  $THC recently released this tweet:

With the current undervalued price of  it would be around 0.244 BTC to get the needed 10k collateral to start your very own masternode. That is a huge incentive. Additionally to that, is the positive sentiment on Marijuana in the US. More and more states seem to follow California within this year and legalize the recreational and medical use of psychoactive hemp. News like this usually gives all potcoins a nice jump across the board, especially those with an actual real-life use case, which is true for $THC.

When The Hempcoin announced their hard fork for the end of January, the price climbed up quickly, as this is usually really good news for a cryptocurrency. Unfortunately, they had to postpone this date the 23rd of February – the hodlers had not much of understanding and patience here and dropped $THC for the first, which brought it into the oversold state it has right now by the time of writing this. There lies a huge opportunity within.

Whether you want to buy the needed amount of $THC to run your very own masternode after the hard fork or if you just want to profit from the upcoming hard fork news – now is the time to purchase.  The circulating supply of $THC might drop once the masternodes are available, as there is a strong incentive to hold the coin. Following the basic rules of supply and demand. there will be less available supply to the markets which should increase the valuation of $THC over time. Keeping the historical reaction of the markets in mind, it is likely to see it repeat again once the news has spread. Right now the news is not yet priced in, so we buy here at 0.00002449 BTC.

For an extra layer of safety, we take a look at the promising roadmap for 2018:

 

The Hempcoin Roadmap
The Hempcoin Roadmap

Technical Analysis:

Technical Analysis THC

Our entry: .000025 to .00002 BTC
Target: .00007511 to .00008366
Current Price:  
Exchange: Bittrex.com
Website: http://hempcoin.org/

UPDATE: It looks like the hard fork has to be postponed again. There are unconfirmed rumors in the telegram group. Furthermore, the minimum collaterals for the masternode have been increased to 20,000 THC as per the recently released white paper. 

When nu post?

Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

This is odd. Something did not work out.

6 Comments

  1. Just let you know, the new whitepaper has changed the required coins to run masternode, from 10000 to 20000, and they say due to health issue, the hard fork is postponed without a date. In my opinion this coin is totally scam, there’s no evidence in the past this team has made at least some product, only promises and failure to meet deadlines. I believe they’ve already postponed the hard fork once in Jan, now again in Feb due to ‘health issue’, also they suddenly double the required coins to run masternode after they’ve bagged a good amount of money and laugh away.

    • yea, found the same source and checked in the explorer. you can find them, all looks fine. still interesting why there is no normal update.

      this can go in two directions right now i guess:

      1) devs cant deliver and it turns out to be a scam in terms of fork and anon coin
      2) they can deliver and just needed some more time and are not very good in commmunication, then the price will jump up like hell, because it would be one of the cheapest MNs out there.

      lets see, i just bought a little bit for gambling 😀

Leave a Reply

Your email address will not be published.

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest from INVESTING IN CRYPTOCURRENCIES

Go to Top

When nu post?

Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

This is odd. Something did not work out.

When nu post?

Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

This is odd. Something did not work out.

Thank you, Darling! Let's stay in touch so we can feed with more Crypto frenzy!