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Then if those people refer someone too, you would get 1% of whatever that person invested too. In both cases, no evidence was ever provided to substantiate the existence of the trading bot. The table above shows the price and ROI of Regalcoin today and previous years on the same date . Our continuous effort towards making Regal platform perfect for you will never end.
Furthermore, it can be transfers via peer to peer network without authority of any central server. If you have access to smartphones and internet connections, then you’re all set to precede money transfer with Regalcoin. On 5th October 2017, the company has reached web milestone & has officially announced it’s launched of web wallet on Twitter.
It was vague, confusing, and just plain nonsense at times. Their website was just a single page (i.e. the landing page) and had broken links everywhere too. I only made sense of this rubbish by reading their whitepaper, sales presentations, and signing up to their platform. This meant that when someone used a referral link which you’d provided them, you would earn 7% of whatever they invested into the platform. If they then referred someone, you would earn 2% of whatever that person invested too.
Presently, Regalcoin is listed under three major crypto exchanges namely yobit.net, Coinexchange.io and novaexchange.com. This platform is all set to trade with other local exchanges and the names of those exchanges are yet to be announced. REC is the coin tag of Regalcoin which is publicly accessible for everyone. Its network is transparent, records live and are widen across multiple servers. The multiple server options from Regalcoin ensures protecting the forge transactions in the blockchain. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010.
These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of REC. The market capitalization of Regalcoin can change significantly in a short period of time. Regalcoin traders use a variety of tools to try and determine the direction in which the REC market is likely to head next.
Regalcoin: Just Another Crypto Scam
The ICO has been in the market for a month, which was started from 22nd august and ends on 22nd September 2017. However, the initial REC price was only $0.85 and surged to $0.97 for the last ICO coin. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the REC price. Currencies that are positively correlated with Regalcoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. Many cryptocurrency traders pay close attention to the markets when the current Regalcoin price crosses an important moving average like the 200-day SMA. We studied them thoroughly to develop their own product, which aims to beat all competition. To sweeten the deal, aside from convenience, stability, and security. Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices.
Why Was Regalcoin Setup This Way?
PoW mining requires specialised and expensive mining hardware to pull off, and this equipment consumes more energy and is difficult to maintain. They are digital assets created to be used to pay for goods and services. Cryptocurrencies can be used as a store of value, unit of account and medium of exchange.
In other words 600% return per year through proof of stake minting with your Regalseven coins. Cryptocurrency gains value through adoption and market speculators. If the demand for a digital asset is high, then the value would rise. The more people who are willing to use a digital asset, the more likely it will increase in value and prominence. The most valuable cryptocurrencies are those with more adoption and high demand.
Regalcoin
The table above shows the number of days which Regalcoin closed above a certain price level. By end 2017, REC is expected to climb $50 with support from lending program. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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The digital asset has since served as the benchmark crypto asset. This was the Regalcoin roadmap, which I lifted from their whitepaper.Just like BitConnect, they promised absurd returns of up to 45% per month if you invested into Regalcoin. To make it a little more realistic, they did clarify returns were variable based upon the performance of their trading bot (so it wasn’t guaranteed).
Conversely, a drop below an important moving average is usually a sign of weakness in the REC market. Some traders try to identify candlestick patterns when making a cryptocurrency price prediction to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. Just like with any other asset, the price action of Regalcoin is driven by supply and demand.
Regardless of how much someone invested, funds were locked into their system for 99 days. Before this capital release period ends, any supposed profit is only a paper gain (i.e. unrealised). regalcoin was a cryptocurrency which completed their ICO on the 21 September 2017 with the reported sale of 5 million coins. At one point in October 2017, it was being traded for over $70 per coin on CoinExchange and YoBit.
- The purpose of a moving average is to smooth price action over a certain amount of time.
- They are growing more popular fast as they are extremely convenient to use in the digital world of today and the importance of digital currency cannot be underestimated.
- Unlike any other assets that you own, your RegalSeven Coin creates wealth for you by a generating profit on itself while being a store of your wealth and also appreciating in value over time.
- Moving averages are a popular indicator in all financial markets.
Currently, the RSI value is at 45.00, which indicates that the REC market is in a neutral position. Comparing Regalcoin against other important technological innovations and trends is one way of predicting where the Regalcoin price could head over the long term. Digitalcoinprice.com needs to review the security of your connection before proceeding. During a period of ICO, it has reached $60 within 25 days.
Also on walletinvestor.com
Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The Regalcoin golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA. They are growing more popular fast as they are extremely convenient to use in the digital world of today and the importance of digital currency cannot be underestimated. Since the inception of Bitcoin in 2009, the global cryptocurrency market has grown to billions. Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate.
How to predict cryptocurrency prices?
Existing investors who have not withdrawn capital or returns (i.e. re-invested). Just like I described in my BitConnect post, there were red flags everywhere which are screaming “stay away! In this post, I outline what Regalcoin was all about and the warning signs which indicated it was a Ponzi scheme – just like BitConnect. We will do our best to add the description as soon as possible.
Crypto mining is the process of securing and validating transactions on a blockchain network. The Proof-of-Work is the first recognised mining protocol and requires validators to compete in solving complex mathematical equations. The miner who gets the correct response would be eligible to add the transactions to the network and as such, receive the block rewards – in the form of newly minted Bitcoins.
This could be an indication that Regalcoin is a bad buy in 2023. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Regalcoin or not. It is a common myth that Bitcoin is ruled by a majority of miners. Bitcoin miners “vote” on the ordering of transactions, but that’s all they do. Depending on your coin balance, a return is paid out as a reward for contributing towards a better, well connected and secure network and this can be done by anyone who owns Regalseven coins.
All transactions are recorded live, transparent, and spread across multiple servers. Those who want to change or falsify Regalcoin transaction data must hack multiple servers at the same time. This currency is like the Dollar, but it is only available in the digital world.
