ColossusCoinXT is an open source, community driven, environmentally conscious cryptocurrency and an alternative to bitcoin that features better anonymity. It allows people to store and invest their wealth in a non-government controlled currency and make almost instantaneous and completely anonymous transfers with close to zero fees. Colossuscoin was founded as an long-standing, energy-efficient and environmentally friendly digital cryptocurrency and this concept is being continued.
ColossusCoinXT aka COLX is a privacy coin that has been undervalued for far too long and I think it is about to explode. Colossus supports masternodes and they cost 10, 000, 000 COLX. The ROI on masternodes is about 30% APR which is a really nice return but the initial investment is insane (currently 170, 000 $).
That might be interesting for the whales but for the rest of us minnows and planktons there is PoS which gives you about 5% monthly return on staking your COLX. The process is pretty easy and straight forward. The only thing you need to do is to download and sync your wallet and put some COLX in and start earning.
Read more about how to stake COLX here and start staking today!
Why I'm positive Colossus will go up?
Privacy coins are the way of the future because when government regulation and oppression on crypto becomes too great people will rush to privacy coins in order to get past to the government trying to steal your hard earned cash. Being listed only on CoinsMarket and TradeSatoshi two small exchanges that aren't really bringing any significant volume.
Colossus isn't getting the needed attention to bloom right now but that is about to change as it will be listed on Cryptopia any moment now and will probably be listed on Bittrex soon after.
Because of the news about Colossus being listed on some major exchanges a lot of hype has accumulated and people are rushing to buy their COLX causing TradeSatoshi and CoinsMarket to crash making COLX currently impossible to buy leaving me filled with rage refreshing the exchanges for the last 4 hours.
I was a fool not to listen to
2 days ago when he was telling me about Colossus and how I should get some. In the mean time the price went up by 65% and they can't be bought anywhere....