Best of the Week
Most Popular
1. Crude Oil Price Trend Forecast - Saudi's Want $100 for ARAMCO Stock IPO - Nadeem_Walayat
2.Gold Price Focusing on May Cycle Bottom - Jim_Curry
3.Silver, silver, and silver! There’s More Than Silver, People! - P_Radomski_CFA
4.Is the Malaysian Economy a Potemkin Village - Sam_Chee_Kong
5.Stock Market Study Shows Why You Shouldn’t “Sell in May and Go Away” - Troy_Bombardia
6.A Big Stock Market Shock is About to Start - Martin C
7.A Long Term Gold Very Unpopular View - Rambus_Chartology
8.Stock Market “Sell in May and go away” Study When Stocks Are Down YTD - Troy_Bombardia
9.Global Currency RESET Challenge: Ultimate Twist - Jim_Willie_CB
10.The Coming Silver Supply Crunch Is Worse Than You Know - Jeff Clark
Last 7 days
US Majors Flush Out A Major Pivot Low and What’s Next - 18th Jun 18
Cocoa Commodities Trading Analysis - 18th Jun 18
Stock Market Consolidating in an Uptrend - 18th Jun 18
Russell Has Gone Up 7 Weeks in a Row. EXTREMELY Bullish for Stocks - 18th Jun 18
What Happens Next to Stocks when Tech Massively Outperforms Utilities and Consumer Staples - 18th Jun 18
The Trillion Dollar Market You’ve Never Heard Of - 18th Jun 18
The Corruption of Capitalism - 17th Jun 18
North Korea, Trade Wars, Precious Metals and Bitcoin - 17th Jun 18
Climate Change and Fish Stocks – Burning Oxygen! - 17th Jun 18
A $1,180 Ticket to NEW Trading Opportunities, FREE! - 16th Jun 18
Gold Bullish on Fed Interest Rate Hike - 16th Jun 18
Respite for Bitcoin Traders Might Be Deceptive - 16th Jun 18
The Euro Crashed Yesterday. Bearish for Euro and Bullish for USD - 15th Jun 18
Inflation Trade, in Progress Since Gold Kicked it Off - 15th Jun 18
Can Saudi Arabia Prevent The Next Oil Shock? - 15th Jun 18
The Biggest Online Gambling Companies - 15th Jun 18
Powell's Excess Reserve Change and Gold - 15th Jun 18
Is This a Big Sign of a Big Stock Market Turn? - 15th Jun 18
Will Italy Sink the EU and Boost Gold? - 15th Jun 18
Bumper Crash! Land Rover Discovery Sport vs Audi - 15th Jun 18
Stock Market Topping Pattern or Just Pause Before Going Higher? - 14th Jun 18
Is the ECB Ending QE a Good Thing? Markets Think So - 14th Jun 18
Yield Curve Continues to Flatten. A Bullish Sign for the Stock Market - 14th Jun 18
How Online Gambling has Impacted the Economy - 14th Jun 18
Crude Oil Price Targeting $58 ppb Before Finding Support - 14th Jun 18
Stock Market Near Another Top? - 14th Jun 18
Thorpe Park REAL Walking Dead Living Nightmare Zombie Car Park Ride Experience! - 14th Jun 18
More on that Gold and Silver Ratio 'Deviant Conundrum' - 13th Jun 18
Silver Shares? Nobody Cares - 13th Jun 18
What Happens to Stocks, Forex, Commodities, and Bonds When the Fed Hikes Rates - 13th Jun 18
Gold and Silver Price Setting Up for A Sleeper Breakout - 13th Jun 18
Tesla Stock Analysis - 12th Jun 18
What Happens Next to Stocks when Russell Goes up 6 Weeks in a Row - 12th Jun 18
Gold vs. Stocks: Ratios Do Not Imply Correlation - 12th Jun 18
Silver’s Not-so-subtle Outperformance - 12th Jun 18
Why You Should Brace Yourself for Big Financial Changes - 11th Jun 18
Inflation to Skyrocket When Fed Reverts to New QE & Interest Rate Cuts - 11th Jun 18
Stock Market Topping Pattern or Just Consolidation? - 11th Jun 18
Study: What Happens Next to Stocks When the Put/Call Ratio is Very Low - 11th Jun 18
G7 Chaos, Central Banks and US Fed Will Drive Stock Prices This Week - 11th Jun 18
SPX Unshackled - 11th Jun 18
When Trump Met Fibonacci And Won - 11th Jun 18
FREE Theme Park Entry with Cadbury's Choc's! Legoland, Alton Towers, Chessington.... - 11th Jun 18
Stock Market Could Pullback for 1-2 weeks, But Medium Term Bullish - 10th Jun 18
End of the World Stock Market Chart! - 10th Jun 18
All US Homes Are Overvalued - 10th Jun 18
Thorpe Theme Park London Car Park Exit Nightmare - Drivers Beware! - 10th Jun 18
Gold Price Summer Doldrums - 9th Jun 18
How to Prepare for Economic Uncertainty with Gold and Silver - 9th Jun 18
5 "Tells" that the Stock Markets Are About to Reverse - 9th Jun 18
Billionaire Schools Teacher in NAFTA Trade Talks - 9th Jun 18
Land Rover Discovery Sport ECO Mode Real World Driving MPG Fuel Economy - 9th Jun 18
Crude Oil Bullish Weekly Reversal vs. Bearish Monthly Reversal - 8th Jun 18
Fed’s Interest Rate Hike is Short term Bearish for Stocks - 8th Jun 18
The Deviant Conundrum Called Silver - 8th Jun 18
Pleasure Island Theme Park Cleethorpes, Last Day Trip Before it Closed Down - 8th Jun 18
America’s One-sided Domestic Financial War - 8th Jun 18
Debt Consolidation Advice: When and Why to Consolidate - 8th Jun 18
Get Out Of Crypto Cannabis Bubble Before It Pops and Move Into Bargain Basement Miners - 8th Jun 18

Market Oracle FREE Newsletter

5 "Tells" that the Stock Markets Are About to Reverse

The No.1 Blockchain Stock Of 2018

Companies / BlockChain Feb 26, 2018 - 02:35 PM GMT

By: OilPrice_Com

Companies

Last year, crypto-currencies burst on to the scene.

Bitcoin saw incredible gains in 2017, rising from $1,000 all the way to $19,000 in mid-December.

But regular investors have so far missed out on the cryptocurrency craze, as not only is the technology behind cryptocurrencies confusing, but the investment process is intimidating… or at least it used to be.

Now investors looking to score on the crypto-currencies market in their regular brokerage account are in luck.


Hashchain Technology Inc. (TSX:KASH.V; OTC:HSSHF) is a bitcoin miner and blockchain innovator with a wide exposure to a wide range of crypto assets.

Buying into KASH is a bit like buying a crypto ETF: you get the value of the sector’s growth without having to invest directly in crypto... or understand this new asset class.

Even with crypto prices falling from the incredible highs of 2017, bitcoin and its brethren are here to stay. Investors could use a firm like KASH to give them exposure.
 
Plus, KASH is working on the future of crypto too... including proprietary regulatory software to bring greater security to those using it.

In the highly profitable world of crypto, this is definitely a company worth looking at.

Here’s five reasons investors should get excited about Hashchain Technology Inc. (TSX:KASH.V; OTC:HSSHF)

#1 Superior Miner

KASH is first and foremost a crypto-currency miner. The crypto mining sector, which scarcely existed five years ago, has become multi-billion dollar industry.

By mid-2017, crypto miners had earned $2 billion. But that was just the beginning. At the height of the crypto-boom in late 2017, miners had made more than $50 billion measured in value of cryptocurrencies then.

That’s a 2500 percent increase in less than a year, although that increase has now fallen from peak prices.

The top 25 crypto projects have provided major value gains for buyers of coins: the currency Verge, for example, delivered a return of 257,000 percent.

In the last year, most cryptos have seen their value shoot through the roof.

And investing in KASH is a great way to get crypto mining exposure.

Investing in crypto mining is like investing in a gold mine: the miner delivers product, deducts costs and delivers a return.

But even gold miners have only been able to deliver an 11 percent return in the last year.

Crypto miners like KASH could make gold mine returns look miniscule. The company has big ambitions and intends to dramatically scale up its operation.

Right now, KASH has 870 mining rigs, and the company has a commitment for mining up to 20 MWs in a facility in Montana.  The company is also set to purchase an additional 5,000 rigs. Combined with its current rigs, KASH should be able to mine 8.7 MW.

To put that in perspective: when the crypto-miner Hive started out, they had a capacity of 4 MW. The company positively exploded late in 2017, and for a time had a market cap of $1 billion.

When KASH scales up, it could be the biggest crypto-miner in the business. It has a market cap of $45 million, but once its committed Montana facility space is fully utilized it should be able to mine 20 MW.

But that’s not all its got going for it.

#2 Mastering the Masternodes

With literally dozens, if not hundreds of currencies out there, new-to-crypto investors often feel overwhelmed... or don’t have the time to research the variety of cryptos available to invest in.

Owning KASH (TSX:KASH.V; OTC:HSSHF) could be a solution to that problem.  So, not only do they provide mining exposure... but they also provide exposure to tokens too. 

How?

The company has holdings of the Dash cryptocoins, now worth a lot more than KASH paid only a few months ago.

A key currency in the company’s portfolio is Dash. The company also owns a Dash “masternode,” which KASH acquired after a $280,000 investment in 1000 Dash Coins (which is now worth $560,000). The Dash network currently rewards masternodes at a rate of 6.67 Dash per month.  That gives KASH a steady stream of income.

Ownership of a rare masternode has been giving KASH a return on its masternode investment of 8 percent.

Dash is a smaller currency but its growing fast. With a market cap of $4.2 billion compared to Bitcoin’s $135 billion, Dash is being produced at a rate 8x that of Bitcoin.

Greater processing power for Dash means that Dash transactions happen in a matter of seconds. It can take several minutes to process a transaction with Bitcoin.

The leadership at KASH knows the Dash crypto-currency well, and is prepared to capitalize on it. Perry Woodin, the head of the KASH advisory board, also sits on the advisory board of Dash and has more than 20 years of experience in managing web-based applications.

CEO Patrick Gray is a tech pioneer. He sold his first start-up to Xerox for $220 million, and he’s raised millions for a number of successful ventures.

The goal of the company, according to Gray, is to give investors access to a lucrative market “that they can’t take advantage of themselves.”

Ownership of mining, the Dash masternode, as well as a planned diverse portfolio of other cryptos, gives KASH a solid base and strong prospects for profitability.

KASH recently announced the acquisition of the business of Node40, an experienced blockchain firm, for approximately $8 million in cash and stock consideration. Node40 is a crypto-currency exchange management software that delivers up-to-date information on the changing state of crypto.

Regardless of changing prices, Node40 will give KASH an edge on navigating the crypto market.

The company’s stock in some ways functions like an ETF for crypto-mining: investors will get exposure to a valuable index of crypto-currencies, without taking on the risk of picking and choosing specific volatile coins.

And things may only get better from here.

#3 Wall Street Takes Notice

After years of scoffing at Bitcoin and other crypto-currencies, the financial industry is finally paying attention.

In 2017, there were at least twenty-seven “unicorns,” or billion-dollar start-ups in the financial technology or “fintech” sector. PwC reports that major financial firms are partnering with fintech companies at a higher rate than ever before, hoping to harness new technologies to lock down more business.

Blockchain and crypto-currency form an important component in the fintech revolution. The opportunities for investors grow greater and greater every month.

One Wall Street analyst recommended investors be ready to see billions surging into crypto, fintech and blockchain assets: “get ready for an explosion.”

In December, Bitcoin futures were launched on CME, the world’s largest futures exchange. Futures also began trading on Cboe, another large futures exchange, and it may not be long until it debuts on the Nasdaq.

There’s talk of crypto-currency hedge funds, particularly one featuring Ripple, one of the most competitive cryptos.

Pretty soon, crypto-currencies are expected to be integrated into the financial system, to the point that everyone (including the reader) will have a stake in the blockchain of cryptos.

But while Wall Street wakes up to the potential of cryptos, KASH offers exposure that is not available in most other single companies.

And KASH is also looking to the future...

That’s because KASH, unlike other crypto firms, wants to be part of the coming regulatory landscape.

#4 Regulation Innovation

KASH (TSX:KASH.V; OTC:HSSHF) is quickly establishing itself as a provider of accounting solutions for Blockchain. Through its recently announced acquisition of NODE40 the company is focusing on developing accounting software that can integrate directly with  the crypto market with certain major cryptocurrency exchanges.

The company’s goal is to bring blockchain and crypto-currency up to the regulatory standards enjoyed by other parts of the financial sector.

And regulation is something the crypto market is going to need.

For example, last year, the IRS subpoenaed information  from Coinbase regarding transactions it processed for 14,000 Coinbase users. It’s only a matter of time... and KASH is building software that can help keep users compliant.

There needs to be a company like KASH that takes regulation seriously.

And KASH has acquired proprietary software that analyzes the blockchain to determine accurate valuations for every input and output comprising a transaction. Once a value has been assigned to every transaction, the service can report the current total asset value, income, and any realized gains or losses. This will help keep crypto markets regulated, preventing fraud.

Think of this aspect of the company’s business like Quickbooks for bitcoin.

#5 Crypto Exposure

Investing into a smart, responsible and ambitious firm like KASH (TSX:KASH.V; OTC:HSSHF) gives investors exposure to the red-hot world of crypto-currency mining, software and hosting.

The company’s stock is like a crypto basket: as the firm’s profile grows and it diversifies its holdings, KASH could function something like a crypto ETF, offering investors the diversity of different aspects of the crypto market.

If KASH reaches full capacity at its Montana facility, it will be mining crypto at rate of nearly twenty-thousand MW per year.

At current Bitcoin market value for Bitcoin mining revenue, that could translate into $200 million in annual revenue.

All for a firm that has only a $45 million market cap.

KASH’s acquisition of Node40 will allow it to navigate the choppy waters of the crypto market. Regardless of the fall in prices, the number of crypto transactions are on the rise, which means that investors will need a firm with KASH’s skillset to navigate the new economy.

Once you throw KASH’s proprietary accounting software into the mix, the potential starts to look really appealing. Demand for regulation in the Bitcoin market is likely to shoot up in 2018 as Wall Street embraces the crypto revolution.

That means that a company like KASH with its own crypto regulation software could charge a premium for its services, especially if it becomes the industry standard.

Considering the value of the whole crypto-currency market is currently about $640 billion, KASH’s regulatory software could eventually be worth a lot more than it is now.

In short: KASH (TSX:KASH.V; OTC:HSSHF) provides smart wide exposure to the crypto market... from mining... to cryptocurrencies... to crypto assets... and software... right in your stock trading account.

By. Ian Jenkins

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Information
Certain disclosure in this release, including statements regarding the performance of the Company’s current and ordered Rigs, and expectations regarding future operations may constitute forward-looking statements. These include that KASH will dramatically increase operations,  that the 5,000 Rigs will be successfully ordered and delivered, the 5,000 Rigs will perform as expected by management and the timing, installation and performance of KASH’s current and ordered Rigs will be consistent with management’s expectations; that mining capacity will increase to 8.7 MW; that KASH will utilize its committed Montana facility space and increase capacity to mine 20 MW;  that KASH will hold a diverse portfolio of cryptocurrencies through mining and otherwise; and that KASH’s software can become part of a regulatory push for regulation of cryptocurrencies.  The forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, the risk that the 5,000 Rigs will not be successfully ordered or delivered from the manufacturer or, if delivered, not when expected by management, and the risk that the Company’s current and ordered Rigs will not perform as expected by management or that expected capacity is not achieved; that KASH may not earn cryptocurrencies through mining and may not be able to purchase them;  risks related to changes in cryptocurrency prices, and the profitability of mining them; that cryptocurrencies will not increase in use as expected; the under-estimation of personnel and operating costs; that KASH will not receive required regulatory approvals for building new facilities, using power, or other aspects of its business; that cryptocurrency regulators don’t accept KASH’s accounting and other solutions; the availability of necessary financing; permitting of businesses that KASH intends to invest in; general global markets and economic conditions; uninsurable risks; risks associated with currency and cryptocurrency fluctuations; risks associated with competition offering better or cheaper solutions, attracting away employees or using tactics to drive out competition; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies; risks related to potential conflicts of interest; the reliance on key personnel; capitalization and liquidity risks including the risk that the financings necessary to fund continued development of KASH’s business plan may not be available on satisfactory terms, or at all; the risk of dilution through the issuance of additional common shares of KASH; the risk of litigation; the risk that KASH’s management and advisors may not contribute as much as expected to the company’s success; the risk and the risk that cyber-crime may severely damage the value of any or all of KASH’s investments. There may be many other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

DISCLAIMERS

PAID ADVERTISEMENT.
 This communication is not a recommendation to buy or sell securities. This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. In most cases we are paid by the issuer or a third party to profile the issuer. In this case, Hashchain Technology Inc. (“KASH”) is paying to Safehaven.com eighty thousand US dollars for this article and certain banner ads. We have not investigated the background of KASH. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications is not researched or verified in any way whatsoever to ensure the available information is correct.

DISCLOSURE. Safehaven.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) does not make any guarantee or warranty about what is advertised above. The Company is not affiliated with, any specific security.

SHARE OWNERSHIP. The owner of Safehaven.com owns shares of this featured company and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Safehaven.com will not notify the market when it decides to buy more or sell shares of this issuer in the market, but will not trade on material information that has not been disclosed to the public. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. 

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site.

OilPrice.com Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules