As a cryptocurrency enthusiast I always check new coins and their plans to solve problems on blockchain or creating a valuable coin. recently Ormeus Coin (ORME) got my attention and I began to do research and kept it under my radar. now I think Its the most interesting plan that I ever seen on the market!
First of all you should know its an ERC20 token built on Ethereum block chain via smart contract but its backed by Bitcoin mining so it advantages of both the Bitcoin and Ethereum blockchains! In recent months lots of Nay sayers came to this result that Bitcoin has a brilliant future and the price is unstoppable specially now that it hit 11000$! many cryptocurrencies are trying to become Bitcoin, Ormeus Coin already has Bitcoin and BlockBox Bitcoin mining rigs each cost about 1.5 million dollars that will back the ORME token. One BlockBox Bitcoin mining rig can mine $500,000 of Bitcoin every month. Ormeus Coin is currently have 2 BlockBox Bitcoin mining rigs. From the other hand 40% of all Bitcoin made by the BlockBox mining rigs will be reinvested into purchasing new ones, so you can easily profit from growing value of Bitcoin and the company. You have the security of Etherum blockchain and the value of Bitcoin and that’s a very clever idea. even you uncle Jack (with mustache) knows about Bitcoin and its daily growing price.
You should know that they will mine every coin which is more profitable so there is no need to argue if Bitcoin or Bitcoin Cash is the future specially right now that there are lots of debates about which coin will be the money of future or which coin is the most profitable to mine, or if miners going to switch to Bitcoin Cash. By investing on ORME simply you don’t need to worry about that because they will mine the most profitable coin and it gives more value to Ormeus coin.
The above chart taken from Coin Market Cab website clearly shows how ORME is going up with Bitcoin in a decent way, better than some old altcoins and remember that Its a young coin which is in charts since September 2017 and its showing a strong movement with healthy corrections.
By taking a look at Ormeus coin road map you will find some interesting plans like ORME ATM and debit card for 2nd quarter of 2018 and charity donations.
Back in 2009 I had the chance to buy Bitcoin when it was just a few cents but I didn’t take it but now I’m sure that investing on ORME is the right thing to do for me.
Do your own research before you buy in. You can find more info about it here:
https://ormeuscoin.com/