Shitcoin Digest: HollyWoodCoin (HWC)

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.

HollyWoodCoin (HWC)

This is an interesting cryptocurrency that I am skeptical about. It has a great looking website thats flashy and I would build for them if I was so inclined (and paid), but it really doesn’t say much. They seem to want to help use currency sales to assist in funding a payment portal, movie viewing portal, and kickstarted-like program; all designed to work within the movie industry. Keep in mind, we have all seen low-budget films and I would bet the movies produced would be such. Their coin trades for $3.81 at the time of this writing and that is the standard 25% of the high a few months ago. I am placing this one in the “maybe” column for now and it could go either way in the end.

NOTE: This piece was originally posted by Michael as an on- site page on MichaelBeebe.net 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.