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Augur (REP) Is On It’s Way To $100 Very Near Term: Here’s Why




Augur (REP) is going to be a cryptocurrency to watch over the next six months. Right now, REP trades for just shy of $50 apiece and, with a market capitalization of a little over $542 million, ranks as number 39 on the top coins by market cap list over at CoinMarketCap.

Between now and the end of 2018, however, there is a good chance we will see this change considerably based on a number of key planned and expected fundamental developments rooted in the company’s roadmap and based on recent comments put forward by the team that leading this one in industry media.

Here’s what we’re looking at.

For anybody that’s new to Augur, this company has been around for a pretty considerable amount of time and is one of what we might deem one of the ‘old guards’ of the cryptocurrency space and especially as regards to companies conducting an initial coin offering (ICO) to raise funds for development.

BTC Daily Chart

AUG Daily Chart

The company carried out an ICO (way before it was called an ICO) back in February 2015 and raised a little over $5.5 million through the issue of the REP tokens the now underpin its market capitalization.

The platform it wanted to create (and that it has spent the last three years building) is designed to serve as a sort of decentralized speculation platform through which individuals can bet against one another on the outcome of pretty much anything in the world – sports events, financial markets, weather, anything.

The idea is that the outcome of these events will be predefined within smart contracts removing the necessity for a third party to determine the outcome (which is what happens when people speculate on events in the current environment).

If there is anything that can’t be agreed on from an outcome perspective, the disagreement is escalated within the Augur ecosystem and voted upon by stakeholders to create a sort of crowdfunded outcome.

So why is this worth talking about now?

Well, as per this interview, Augur is about to launch the first iteration of its platform within the next few months. The first iteration will be set up with one speculative element, designed to allow people to bet on whether or not the technology will be vulnerable to hackers. In turn, this setup is designed to incentivize hackers to report any potential bugs to the company (in return for a bounty as dictated by the amount of capital on the opposite side of the wager) as opposed to seeking to exploit the platform’s weaknesses themselves.

So, we think that this coin is going to gain strength this year for two primary reasons.

First, because the platform is going live and this will finally serve to create a solid and steady demand for the REP tokens that are necessary for participation and interaction with other platform users (i.e., to fund speculative activity).

Second, because we think that the company’s approach to risk mitigation (it’s willingness to pay out bounties to any potential hackers for identifying and highlighting weaknesses as opposed to seeking to take advantage of them) is exactly the kind of thing that will draw a large amount of media coverage towards a company and its efforts.

Increased media coverage should translate to an increased speculative volume flowing towards the company and its tokens and, in turn, should push price up above and beyond not just current levels but also highs recorded early last month around the $100 apiece mark.

Let’s see what happens.

We will be updating our subscribers as soon as we know more. For the latest on REP, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Augur

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Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Top 3 Coins to Buy Before They Go Big




Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.


Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?



crypto credit cards

It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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