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Populous (PPT) and the Latest Drop

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Populous
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Populous is trading in red “thanks” to the latest change in its price. The fact that this currency suffered a fall in its price recently is no wonder since the last few weeks was a disaster for most currencies on the market. That is how we have seen even the giants like Ethereum and Bitcoin going down, while only a few currencies somehow managed to remain immune to these negative changes ravaging the crypto market. What do we know about PPT so far and what should we know for the time to come? Let’s see.

What is Populous?

Populous, or otherwise known as PPT, is a currency that works as a peer-to-peer platform, based on blockchain technology. The main idea behind populous is to help out small and medium companies and enterprises to find a way of obtaining a constant flow of money into their business. One of the biggest problems almost any small or medium enterprise faces at least once in a lifetime (unfortunately more than just once in reality) is the issue of late payments and difficult invoicing. It is shown that it is lost over 2 million dollars annually only in the UK in form of missed opportunities and non-responded invoices.

Selling unpaid invoices might be a bit hard these days, so Populous platform is there to help you out. So, whether you are having problems with short-term liquidity or getting paid for your services on time, you can find the answer to all those issues on PPT platform.

In case you have unsold invoices, you can easily upload them on the market within the Populous platform and wait for them to get sold so you can cover your losses. The platform uses smart contracts just like Ethereum, so making new business deals are also made easy and simple. You can in only a couple of clicks, seal the deal, send your invoices or upload your unsold invoices to the market where you can sell them.

However, before you are able to list your invoices and sell them on the auction, you must first make an account for your company and wait for it to get approved. This way, PPT is protecting all parties involved in the trading and using smart contracts for sealing business deals or buying unsold invoices. For this improved experience PPT platform is using Altman-Z score formula and XBRL.

How is Populous Doing at the Current Moment?

After having a pretty successful period over the last few months, where PPT currency was trading at over 30$ per one unit, this currency is now having a minor downfall.

Whether the fall is truly “minor” or it represents the beginning of series of drops in price is yet to be seen. For now, PPT is trading at 21.55$ per one unit. This is the case after the most recent drop in its price that concluded the price in the last 24 hours.

The initial drop was -8.99% against the dollar and a bit over -4 and -5 percent against BTC and ETH.

Although the drop cannot be considered as minor at this point, the latest drop in the price that affected PPT as well is not a strange case as most currencies were dropping during the last week that was at the same time the toughest week of the month for almost all cryptocurrencies out there.

It is expected that all these, or most of these currencies along with PPT, will eventually rise and bounce from current levels.

We will be updating our subscribers as soon as we know more. For the latest updates on PPT, 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 coinmarketcap.com

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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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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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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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.

1. TRON (TRX)

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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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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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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