FoldingCoin (FLDC) becomes a coin of interest again.
Updated
Hi shitcoin lovers!
One of my favourite shitcoins from 2017, FoldingCoin, has bounced from it's historic low (2016 pivot) of 13 sat. In addition, monthly RSI is massively oversold with, so far, 9 straight months of steady decline. Stochastic RSI is dead.
Last year FLDC was delisted from Poloniex causing a run on the coin. Now it is only available on Bittrex. Daily volume is about $27,000 according to CMC.
If you are in the business of speculation, a small position here is worth it imo. I have no targets as yet. My strategy is simply hodl according to the maxim don't invest more than you care to lose!
Actually, I think FoldingCoin is one of the few cryptos that are useful in terms of what it does. It is intended to incentivise people to run Stanford University's foldinghome software, which is citizen science type stuff: you give up some CPU time to number crunch for modelling diseases such as cancer and Alzheimer's and in return you receive some shitcoin.
There are currently almost 200 active science projects being supported by folders (apps [dot] foldingathome [dot] org/psummary). I guess many are postgrad or post doctoral projects.
www [dot] foldingcoin [dot] net/index.php/28-faq
One of my favourite shitcoins from 2017, FoldingCoin, has bounced from it's historic low (2016 pivot) of 13 sat. In addition, monthly RSI is massively oversold with, so far, 9 straight months of steady decline. Stochastic RSI is dead.
Last year FLDC was delisted from Poloniex causing a run on the coin. Now it is only available on Bittrex. Daily volume is about $27,000 according to CMC.
If you are in the business of speculation, a small position here is worth it imo. I have no targets as yet. My strategy is simply hodl according to the maxim don't invest more than you care to lose!
Actually, I think FoldingCoin is one of the few cryptos that are useful in terms of what it does. It is intended to incentivise people to run Stanford University's foldinghome software, which is citizen science type stuff: you give up some CPU time to number crunch for modelling diseases such as cancer and Alzheimer's and in return you receive some shitcoin.
There are currently almost 200 active science projects being supported by folders (apps [dot] foldingathome [dot] org/psummary). I guess many are postgrad or post doctoral projects.
www [dot] foldingcoin [dot] net/index.php/28-faq
Note
still no action on fldc, it look pretty ded. rsi is extremely oversold on monthly, oversold on weekly but not quite on daily.
my position is so small that I don't care. I will hold til death or large X returns.
may take a while
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