What is Qtum?
Qtum is a blochchain made for busnisses. ( Almost the same as neo ). Qtum combines a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM), Qtum merges the reliability of Bitcoin’s unfailing blockchain with the endless possibilities provided by smart contracts.
Looking at there team they come from both the Bitcoin and Ethereum communities as well traditional companies like Baidu, Alibaba, Tencent, NASDAQ. It seems to be a really good team. They have 18 members in there team , 11 backers and there advisor is Jeffrey Wernick. He is a veteran investor with over 40 years experiance. His background in trading, quantitative research and venture investment has given him great insight as an angel investor.
I really do see this project still going far.If you look at the price of neo $118.84 and the price of Qtum
$29.16 , and I do think Qtum should also be close to the price of neo.
Lets look at a daylie candle chart of Qtum.
You can see it hasn't had any huge runs so far.
It still has a downwords movement looking at the momentum indicator (waiting for it to show upwords movement) , rsi has got a bit room to go down further and also you can see on the MACD the green line hasn't crossed the red line. If you look at the bolling bands it is touching the bottom line indicating its going to change movement soon.
Something really good to keep an eye on or to get into.
I am not a financial advisor so still do your own research.
