Syscoin listed on Chinese exchange today | Current Market News

in #cryptocurrency8 years ago (edited)

Syscoin (SYS)

Syscoin currently trades at about $0.23, but could go to $2 when its minimum viable product takes 5% of the eBay market according to this person's analysis. SYS's minimum viable product will be out in July and that's more than I can say for other coins with a similar vision and a higher valuation.

What is Syscoin and why will it rise?

Syscoin's main goal is to become the decentralized marketplace of the future, hopefully taking a share from the eBay and Craig's List market. From their website:

We have developed a state-of-the-art marketplace where you can securely and reliably buy and sell any items you wish. Entire stores can be created directly through the marketplace where you can sell your own products or re-sell others’ products for commission

Like Ebay or Amazon without corporate gouging, political interference, downtime, maintenance or hefty fees.

Truly 1:1 global commerce. No middle man.

Through the wallet you will be able to buy, sell, resell, and send encrypted messages. Future plans include integration with current ecommerce solutions -- bringing crypto to the mainstream of internet commerce!

This thread on bitcointalk will make you seriously consider moving your investments from Siacoin and Stratis over to Syscoin.

Today SYS will be traded on Blockchain Foundry and the price will almost certainly go up from here on out.

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I'm an early adopter. Happy to see this coin and the platform getting some mention.

Very good blog. I was about to start a similair discussion. Sell the coins that you know nothing about. Do proper research on any coin you buy. If the market falls at least you can hold your coins knowing they have a long term future. I found this great website: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. Check for example: https://www.coincheckup.com/coins/SysCoin#analysis To see the: SysCoin Detailed report