Shitcoin Digest: EuropeCoin (ERC)

If you’re interested in buying cryptocurrency, I suggest Coinbase for the easiest transfers and they have more than just Bitcoin. If you click on the link to sign up, I get $10 after you deposit a total of $100. So please check out Coinbase.

EuropeCoin (ERC)

The ease of mining this cryptocurrency is a big plus since they use a low cost Raspberry Pi as the interface, which the coin maker will gladly sell you with the software to mine their coins. That makes things easy. The website says a lot of nothing, as I have seen many of them do, but it does have some good looking technical data on their whitesheets. They do actually list business partners, which is a plus that most don’t or can’t do. Depending on the exchange that you can buy from, it may be a decent option for ease, but I notice Bittrex is the primary exchange they have listed. As of this writing, they were over a dollar at one point and just shy of thirty cents right now, which is about the standard quarter of what it was in January like the others. I am going to put them in the “maybe” column because of their lack of obvious social media outreach (which I may just have not found upfront). Social media use usually means a willingness to market themselves so I am cautious.

Update 12-10-2020: This listing is untracked by the major cryptocurrency publications now and seems to have no trading. The website is still active though. I recommend not buying since all signs point to it being defunct or soon will be. Hopefully I am wrong, because all the technology seems great and I like their designs.

NOTE: This piece was originally posted by Michael as an on- site page on TheMichaelBeebe.com while he was doing research into cryptocurrencies.

 

Disclaimer: Michael Beebe is not a financial advisor and all research is for his own purposes. He is simply sharing the research with the readers of this or other blogs and makes no claims to be an expert in finance or any forms of investment.