What is Speedcash Speedcash (SCS) is a fast, decentralized, untraceable cryptocurrency with unique features. SCS network is based on combination of PoW and PoS, which means you can either mine this coin as well as stake in your wallet. Every investors, who hold SCS in their wallet will be rewarded with stakes on a rate of 8% yearly. All you need is to have your wallet open and unlocked!
My MotivationI’ve been a little bit tired of coins with high and gigantic total supply. I started with KIN, Bytecoin and so on, but if you look at their supply, you can be shocked that any price movement needs to be made by huge volume. Maybe there is a chance to gain 10x, but we are not looking for it. What we want to achieve is to find rare, unknown, hidden gem, that might explode in the future and raise 10 -100 1000 times. Look at Bitcoin or Nano (previously Rai Blocks). They had been sitting on the bottom for months and years before starting to rally. I want to receive a chance to get pretty early into the cash-train. I agree with myself and with my colleagues from Speedcash community that at last we have found such gem. Let’s see what is so special with it.
ExchangesFirst exchange was Yobit. Unfortunately Yobit personnel doesn’t answer dev’s requests to upgrade old chain. This means you can trade there without possibility to make standard withdrawals or deposits. However,
SCS developers decided to give traders an option to swap Yobit’s balance to the real cash in personal wallets. It is being made by sending yobitcodes. To be honest, I haven’t seen before such ethic behaviour that coin management resupplies someones balance!
Speedcash can be traded on another exchanges, which I strongly recommend. There are three exchanges:
TradeSatoshi, CryptoHub and Crex24 and other few are being negotiated at the moment. You can also use decentralized P2P exchange Bisq, if you have a little bit more technical knowledge.
My first contact has been with TradeSatoshi, which has one of the biggest 24h volume, but it has constant maintenance issues and generally slow deposits, withdrawals, and trade executions. What attracted me there was simply low price.
I also have tested CryptoHub and Crex24, and to my surprise, both have nice graphic interface and fast operations. Just few days ago we were testing public BURST feature, which speeds up transactions, and
we ended up with about 2,5 seconds confirmation time of transaction from personal wallet to exchange one. This is incredible. If there are no obstacles from exchange’s site, Speedcash shows its blazingly fast nature. So the name of the coin just reflects its functionality.
To sum up, 24 h volume has been steadily increasing while awareness of this coin is raising. I believe – when SCS hits big, reputable exchange – the price will moon!
TechnologySpeedcash Network has been relaunched in January, and from that time developers have relesead few upgraded wallet versions, where bugs, issues and investor’s observations have been addressed. For me,
constant development is a great sign of future’s success. What is more, all insights from any person is taken into consideration. To give you an example, people wanted some feature faster that it was planned. Developers decided to modify their roadmap and deliver what investors needed. What an amazing action.
Please have a look at few functionalities (existing and planned) of Speedcash.
• Blazingly fast transactions, with confirmation time within 30 seconds. Brand new feature
BURST (Blockchain Usage Regulated & Sustainable Tweaking) can speed up transaction time to 2-3 sec. within specified timeframe for the whole network
• VAULT technology to story document authenticity over blockchain
• Secure messaging over blockchain, and in the future anonymous messenger over the Scash network
• Payment Gateway
• Decentralized banner network on the Scash network
• and much more
PredictionsIt is really hard to predict price in such volatile crypto market, however there are signs from historical price movements and present development. I will show you some predictions based on three websites, which provide technical analysis for cryptocurrencies.
The most defensive model is presented at Walletinvestor under:
https://walletinvestor.com/forecast/speedcash-predictionWe can see about 10x in 5 years. Stable growth is what we need, and investors outside crypto world would take this prediction with open arms.
Let’s say we are not satisfied with such gain. Another website Coincheckup shows far more positive future. Open
https://coincheckup.com/coins/speedcash/predictions and find out that with general cryptocurrency boost in few years the price of SCS would hit $25 each. That is above 80 times more than presently! Huge, isn’t it?
Last website Coinliker states: „Our custom Forecast algorithm has detected that SCS is a fantastic investment.” It predicts expected revenue for 5 – year target as
+19,660.00%. That is $65 per coin and above 200x more that now! Please visit
http://www.coinliker.com/forecast/speedcash-jfQb-prediction and be amazed how the future could look like.
Have in mind that those were only predictions based on technical analysis. What fascinates me is the potential of all features and all use cases that may be delivered in the future. I’m a fan of technology and I would like to set techs ahead of speculation, hype, marketing.
Nearly every day developers have been delivering. That is a pure sign that they focus on something tangible. They want to give complete and working product before spreading words. So techs first, then promotion.
Gathering all advantages like super low total supply, tiny market cap, existing only on small exchanges and real dedication to development I would see the price of speedcash floating around $100. To be honest, my expectations are far beyond that. If you have seen galloping prices of Maker, Byteball, DigixDao etc. in January, which were sitting even above $1000 per one coin, I wouldn’t be so surprised to see extremely-low-supplied SCS reaching $1000!. With constant growing market capitalization (which I believe is a matter of time), this is not far from from my expectation. All those mentioned coins are similar to SCS in a way of low supply.
Why I predict $100 -1000 per SCS? Besides its technology here are some notes worth considering:
• insanely small total supply, 476 918 SCS, which is about 44 times less than bitcoin. Relatively little investment can push the price high; I like the rarity of the coin, which can be considered as a commodity and a valuable storage for wealth. If byteball can reach $1000 why not Speedcash?
• marketcap of below $150 000 USD (March 2018) shows huge room to grow - $100m market cap, which in crypto is still affordable for any good project places Speedcash in top 100 coins and gives $200 per coin
VerdictI see a huge future for Speedcash. It can grow exponetially based on low supply, developers’ commitment and a bunch of use cases. If even one of the feature will be adopted in real businesses or it will be used by the masses I would just invest now as much as possible when the price is cheap as chips.
Invest and enjoy your ride with helpful and happy community!
Visit
https://www.scash.ml/
