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UnitedBitcoin Removed From QoinPro

Alex has been an investor for years now. He has investments in the stock market, cryptocurrencies, bonds, and the United States Treasury.

UnitedBitcoin Is No Longer On QoinPro

UnitedBitcoin (UBTC) has been officially de-listed from QoinPro's website on the 2nd of August, 2019. I have never owned any grand amount of this currency. Anyone who has had this crypto on the QoinPro platform will got 0.00017383 Bitcoin (BTC) for every UBTC, according to their email. Actions like this could help to aid in the legitimacy of QoinPro's platform (or, the contrary if they ever slip on their promises). The company has also included a DASH update in the same email.

unitedbitcoin-removed-from-qoinpro

UBTC Examination

Considering how far the coin has fallen (not much compared to BTC though), it's not entirely surprising that the coin has been de-listed. At the same time, it is sad. Investing in any stock can be best when it is at its' lowest. In late 2017, UBTC was almost $500.00 per coin. That's pretty good for a cryptocurrency. However, recently the coin has been below the $5.00 mark. That is a big fall. Still, what if the currency went back up in value? It is not impossible. It happened with BTC. Losing UBTC to the QoinPro site may sound loss for many. Or, it could be a saving grace. Maybe converting it to BTC is for the best. BTC has been trying to have a comeback, fairly successfully. We may want our investments to be converted to BTC, but who really knows?

UBTC And Her Future

I don't see much of a future for UBTC. Still, many people didn't for BTC either. If UBTC were to be picked up by CoinBase or by a major store, then I could see it blow up. Remember when Japan began to enforce the acceptance of BTC as a national currency? If something like this happened to another crypto, then we could see that crypto increase heavily in value.There simply is not enough information to state who will do what.

UBTC Final Thoughts

I love cryptocurrency, but UBTC needs a major platform. Losing QoinPro is problematic, because they are the only platform that I've seen it on. If anyone here has invested in the coin, I wish you all the best. But, I do not foresee anything larger for this in the immediate future. Please leave your thoughts in the comments below.

This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

© 2019 Alexander James Guckenberger

Comments

Alexander James Guckenberger (author) from Maryland, United States of America on August 30, 2019:

Muhammad Abdullah,

The fluctuation has made some people rich. Crypto is more difficult to trace. Thirdly, it has become something of a collector's item.

Muhammad Abdullah on August 30, 2019:

You know exchanging money into bitcoin. Why not just keep your paper ?

Alexander James Guckenberger (author) from Maryland, United States of America on August 29, 2019:

Muhammad Abdullah,

Does what cause trouble? O.O

Muhammad Abdullah on August 29, 2019:

Does it really cause that much trouble ?

Alexander James Guckenberger (author) from Maryland, United States of America on August 14, 2019:

Eric Dierker,

You're not crazy.

Back up plans are generally warranted in this life.

Eric Dierker from Spring Valley, CA. U.S.A. on August 11, 2019:

Such a nice way to phrase "crazy". I appreciate it.

I am researching up on what they call the crash of the bubble. Seems like we are just back into the .com bubble and positioning is everything. If you do not have some "brick and mortar" to back up your play -- go get a second job.

Alexander James Guckenberger (author) from Maryland, United States of America on August 11, 2019:

Eric Dierker,

You have a fascinating history my friend. :)

Eric Dierker from Spring Valley, CA. U.S.A. on August 09, 2019:

So interesting. I am working on a revised MOU for such stuff.

Alexander James Guckenberger (author) from Maryland, United States of America on August 09, 2019:

Eric Dierker,

I am very careful with how I invest here. I understand your concern, because I have it too.

Eric Dierker from Spring Valley, CA. U.S.A. on August 09, 2019:

Very interesting to read. I wonder about this stuff. I so some with a Hi-Tek Travel. What a fun concept but I don't think I would invest in that area of finances.