The Monday May 7th Edition of The Cryptocurrency Novice Report

in #cryptocurrency6 years ago

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Welcome to The Cryptocurrency Novice Report for Monday May 7, 2018.

Word to the Wise

Today on Word To The Wise, we take a look at another high interest paying investment website called BtcValue.

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If you've ever dreamed of being a millionaire, BtcValue is the investment site for you! With these three simple investment plans, you can turn a measly $30 into over $80 Million dollars in only 1 week!

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"That cannot possibly be true", says you. "But it is", says I. All you have to do is follow my simple investment strategy that I have devised using their plans. The following table shows the details of the plan.

InvestmentPlanElapsed TimeEarnings
$30Small Business1 Day$240
$240Small Business2 Days$1920
$1920Mid Business4 Days$134,400
$134,400Enterprise7 Days$80,640,000

That right! From only $30 to over $80 Million in only 7 days! Is this a great company or what?

Well, I'm sorry to tell you, it's "or what". You see BtcValue is really just a scam. How do I know? Because here is their alleged Management Team.

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But it's really not. They are really just stock images of models stolen from around the internet. This is not really their CEO.

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This is not really their Developer.

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This guy is definitely not their manager.

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And this lady is most definitely not in their Support department.

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So if BtcValue has to make up a fake management team, then they are a scam. Do not send them any money because they will just steal whatever you send to them. But let's be honest, you didn't really believe that they could turn $30 into over $80 Million in only one week did you? Did you?

Money For Nothing

Today's Money For Nothing is a chance to earn 5 free OAK tokens from Acorn Collective.

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To claim your free OAK tokens, follow this link and complete the simple tasks. You will need an ERC20 compatible Ethereum wallet to claim the tokens.

If you don't already have an ERC20 Ethereum wallet, you can get one from MyEtherWallet.com for free.

Acorn Collective is building a new way to crowdfund projects using the transparency of the blockchain. You can learn more about Acorn Collective on their website https://aco.ai/.

The Report

After a thrilling weekend capped off by Bitcoin getting close to the $10,000 mark again, the cryptocurrency market is mostly down today. Here's a look at how our favorite coins are performing.

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Bitcoin is currently trading at $9453, down 1.2% since this time yesterday afternoon.

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Steem is trading at $3.57, down 3.2% in the last 24 hours, while SBD is currently trading at $3.12, down 4.4% since this time yesterday.

Currently on the Steemit Market, Steem is trading for 1.188 SBD.

The supply of liquid Steem continued to slowly rise over the weekend. Since last Friday, the amount of liquid Steem has increased by 60,000 Steem. Currently there are 76.88 million liquid Steem.

Please note: I am not an investment professional. The information I present here is only my opinion. I do not encourage you to invest in any coin I mention, especially those featured in the Money for Nothing section, since most of these are not going to make it and may even be a scam. I only suggest you claim the free airdrops offered, nothing more.

Until next time...

Proud member of @qurator! Click below to find out more about this fantastic Steemit community.

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Signed up for the 5 OAK tokens from Acorn. Getting oaks from acorn, sounds about right.

Lol, it's the natural way to do it.

The Acorn airdrop looks promising. Crowdfunding is all the rage now-a-days.

I missed this one.

What happens when these types of scams start to improve? Since there are so many like this, they must be working to some extent. When they start to get improve, I think we could see another wave in scams and people falling for them. It's scary, but we can do our part to stop it, and you certainly are with these updates.

For the something for nothing, have you used Presearch yet?

Yeah, it's a little scary to think what will happen if the scammers start improving their delivery. Right now it seems to be a struggle to see which will win out, their laziness of their greed.

Thanks for the tip on Presearch, I'll look into them.

I LOVE Presearch (have referral link if interested for bonus 25 coins).

Good point. Too much laziness.

Signed up for Presearch using your referral. Thanks for the recommendation.

Sweet, thank you! I really believe in what they're doing. It will be an interesting one to watch for sure. I'm up to around 600 coins so far and they just reached 50,000 searchers. Looks promising, thanks for the referral.

Well there would be millionaires walking in the street if that was the case ;)

Thanks for the heads up always.

Well, if everyone was a millionaire, only the billionaires would be rich.

Hhahaha agreed ;)

hahah they are giving free money lol to everyone :D

Free money is the best kind of money!

Thanks for the analysis and excellent content @gregory-f .

thanks for this you really saved people from this scam

Glad I could help keep people safe from the scammers.

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin9363.960$3.24%1.43%
ETHEthereum760.892$5.08%7.55%
SBDSteem Dollars2.813$0.74%-17.48%
STEEMSteem3.422$2.39%-13.64%

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 64678.67
ETH 3086.68
USDT 1.00
SBD 3.87