OBITS Price, News and Analysis (OBITS)

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OBITS logo
$0.30
+$0.01 (+4.17%)
(As of 07/22/2018 04:57 AM ET)
1-Hour Price Change +1.58%
1-Day Price Change +4.17%
7-Day Price Change +23.24%
1-Day Volume$19.00
Market Cap$4.64 million
BTC Price0.00003986 BTC
Circulating Supply15.67 million
Total Supply15.67 million
Maximum SupplyN/A

About OBITS (OBITS)

Currency Details

Name OBITS
SymbolOBITS
Market Capitalization$4.64 million
Coin or TokenToken
Algorithm
Proof Type
Genesis Date12/1/2015
Mineable?No
Number of Exchanges2

Official Links

Official Websiteobits.io
Official Website (Alt)N/A
BitcoinTalk AnnouncementView
Twitter Account@Open_Bits
Facebook PageView
Github AccountN/A

Community Discussion

Reddit Communityr/OpenLedgerDEX
Telegram GroupN/A
Discord GroupN/A
Message BoardN/A
Message Board (Alt)N/A

Research Tools

Blockchain Explorercryptofresh.com
Blockchain Explorer (Alt)N/A
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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OBITS (OBITS) Frequently Asked Questions

What is OBITS?

Technology The BitShares platform itself is run and maintained by the BitShares community–an open consortium of individuals and organizations committed to providing universal access to the power of smart contracts. Working together, this community has designed and developed the BitShares platform to include numerous innovative features which are not found elsewhere within the smart contract industry: Price-Stable Cryptocurrencies - SmartCoins provide the freedom of cryptocurrency with the stability of the dollar A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed. In all but the most extreme market conditions, SmartCoins are guaranteed to be worth at least their face value (and perhaps more, in some circumstances). Like any other cryptocurrency, SmartCoins are fungible, divisible, and free from any restrictions. Decentralized Asset Exchange - A fast and fluid trading platform BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them. With this kind of performance on a decentralized exchange, who needs risky centralized exchanges? Industrial Performance and Scalability - Graphene is capable of 100,000 TPS when we pay for the network to go with it High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms. BitShares is designed from the ground up to process more transactions every second than VISA and MasterCard combined. With Delegated Proof of Stake, the BitShares network can confirm transactions in an average of just 1 second, limited only by the speed of light. Dynamic Account Permissions - Management for the corporate environment BitShares designs permissions around people, rather than around cryptography, making it easy to use. Every account can be controlled by any weighted combination of other accounts and private keys. This creates a hierarchical structure that reflects how permissions are organized in real life, and makes multi-user control over funds easier than ever. Multi-user control is the single biggest contributor to security, and, when used properly, it can virtually eliminate the risk of theft due to hacking. Recurring & Scheduled Payments - Flexible withdrawal permissions BitShares is the first smart contract platform with built-in support for recurring payments and subscription payments. This feature allows users to authorize third parties to make withdrawals from their accounts within certain limits. This is a convenient way to “set it and forget it” for monthly bills and subscriptions. Referral Rewards Program - Network growth through adoption rewards BitShares has an advanced referral program built directly into its software. Financial networks derive their value primarily from their network effect: more people on the same network increases the value of that network for everyone. BitShares capitalizes on this by rewarding those who sign up new users, and does so in a fully transparent and automated way. User-Issued Assets - Regulation-compatible cryptoasset issuance The BitShares platform provides a feature known as \"user-issued assets\" to help facilitate profitable business models for certain types of services. The term refers to a type of custom token registered on the platform, which users can hold and trade within certain restrictions. The creator of such an asset publically names, describes, and distributes its tokens, and can specify customized requirements, such as an approved whitelist of accounts permitted to hold the tokens, or the associated trading and transfer fees. Collateralized Bond Market - Integrated peer-to-peer lending The BitShares bond market is an investment marketplace accessible to anyone with an internet connection. In the bond market, you can earn interest with any asset, or take a short position using any other asset as collateral. (Coming Soon) Stakeholder-Approved Project Funding - A self-sustaining funding model BitShares is designed to be self funding and self-sustaining by giving the stakeholders the power to direct where blockchain reserves are spent. BitShares has a reserve pool of 1.2 billion BTS (about $8 million dollars) that automatically grows as transaction fees are collected and the share price rises. Each day, the blockchain is authorized to spend up to 432,000 BTS (about $77,000 per month), which is enough to hire a small team to maintain the network for years, even with no price appreciation. Transferable Named Accounts - Easy and secure transactions Named accounts enable users to easily remember and communicate their account information. We don't use IP addresses to browse the internet or numbers to identify our email, so why shouldn't we have human-friendly account names for our financial transactions? Delegated Proof-of-Stake Consensus - A robust and flexible consensus protocol Delegated Proof of Stake (DPOS) is the fastest, most efficient, most decentralized, and most flexible consensus model available. DPOS leverages the power of stakeholder approval voting to resolve consensus issues in a fair and democratic way. All network parameters, from fee schedules to block intervals and transaction sizes, can be tuned via elected delegates. Deterministic selection of block producers allows transactions to be confirmed in an average of just 1 second. Perhaps most importantly, the consensus protocol is designed to protect all participants against unwanted regulatory interference. (Description provided by CryptoCompare)

What exchanges can I buy or trade OBITS on?

OBITS can be purchased or sold on the following cryptocurrency exchanges: OpenLedger DEX and Livecoin.

How do I buy OBITS?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including OBITS.

Where can I get OBITS wallet?

OBITS produces its own wallet software that is available for download on its website, which allows you to store OBITS on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of OBITS?

One OBITS (OBITS) is currently worth $0.30 on major cryptocurrency exchanges. You can also exchange one OBITS for 0.00003986 bitcoin(s) on major exchanges. The value (or market capitalization) of all available OBITS in U.S. dollars is $4.64 million.

What is the Reddit page for OBITS?

The official Reddit community (subreddit) for OBITS is r/OpenLedgerDEX.


MarketBeat Community Rating for OBITS (OBITS)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  220
MarketBeat's community ratings are surveys of what our community members think about OBITS and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

OBITS (OBITS) Price Chart for Sunday, July, 22, 2018

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Google Trends

OBITS (OBITS) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as OBITS. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "OBITS Token" over the last 90 days.



OBITS (OBITS) Website Traffic




OBITS (OBITS) Social Media Trends

Headlines

OBITS (OBITS) News Headlines

No headlines for this company have been tracked by MarketBeat.com


Social Media Mentions

OBITS (OBITS) Reddit Feed


This page was last updated on 7/22/2018 by MarketBeat.com Staff

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