The Wednesday May 16th Edition of The Cryptocurrency Novice Report
Welcome to The Cryptocurrency Novice Report for Wednesday May 16, 2018.
Word to the Wise
Most of us dream of being rich. Being free to do what we want. Not having to drag ourselves out of bed every morning and fight the rush to go to a place we'd rather not be. Scammers use this dream against us. Promising instant riches with no effort required. In Word To The Wise, I investigate these get rich quick sites and expose the ones I can prove are frauds. Today we take a look at a high interest paying investment website called BtcGuarantee.
BtcGuarantee claims to offers you the ability to turn a mere $30 into over $21 Million dollars in only 1 week using these three investment plans.
The following spreadsheet shows the details of how you can make it work.
| Investment | Plan | Elapsed Time | Earnings |
|---|---|---|---|
| $30 | Small | 1 Day | $180 |
| $180 | Small | 2 Days | $1080 |
| $1080 | Medium | 4 Days | $54,000 |
| $54,000 | Large | 7 Days | $21,600,000 |
From $30 to over $21 Million in only a week. Hard to believe, but true. Or is it? If we take a closer look at BtcGuarantee we start to see some cracks in their claims. For example, they have a management team that just exudes trust. Just look how confident the CEO is!
But that trust would be misplaced. You see, this is not their CEO, but simply a model who's picture is used all over the internet.
This lady in not the Fund Manager, but is a hair style model whose picture you can find all over the web.
Their Developer? Also a fake.
Not to be left out, their Support person is also a hair style model and a fake.
In fact, you don't have to look very hard to find web sites similar to BtcGuarantee for sale such as this one. They even use some of the same team pictures. Only the names have been changed to protect the innocent.
So there you have it, proof that BtcGuarantee used a fake management team. And if their management team is fake, then so is the rest of their site. And if their entire site is a fake then they can't turn $30 into over $21 Million in only one week. Simply put, they are a scam. Do NOT send BtcGuarantee any money, they will just steal whatever you send.
Money For Nothing
Today's Money For Nothing is a chance to earn 25 free PRE tokens from Presearch.
To claim your free PRE tokens, follow this link and click Sign Up Now!
Presearch is a new customizable search service that pays you for searching. You choose which search engine you want to use and every time you search through Presearch's interface you earn 1/4 PRE, up to 8 PRE per day. Currently, PRE is worth about $0.219, so you earn a quick $5.47 just for signing up. What are you waiting for? Go sign up now. Wait! Come back! First upvote this post. Ok, now go sign up for Presearch!
A special thanks to @michaelluchies for alerting me to the Presearch airdrop.
The Report
The cryptocurrency market hit a bump today with all but a small handful of cryptos in the red this morning. The overall crypto market is down about $22 Billion since this time yesterday and is currently at $382 Billion. Now here's a closer look at how our favorite coins are performing.
Bitcoin is currently trading at $8351, down 2.8% since this time yesterday morning.
Steem has fallen back under the $3 mark and is currently trading at $2.85, down 7.9% in the last 24 hours, while SBD is trading at $2.34, down 9.9% since this time yesterday.
Currently on the Steemit Market, Steem is trading for 1.264 SBD. With SBD falling faster than Steem, it comes as no surprise that Steem is getting pricier on the Steemit Market.
The supply of liquid Steem increased by 44,000 in the last 24 hours. Currently there are 77.18 million liquid Steem. This slow but steady increase in the amount of liquid Steem will continue to be a drag on the price of 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.
Really very good job my dear friend.
Thanks for sharing with us
You're welcome, I'm glad you found it useful.
another fine post..I believe (see my latest) we have enterred the "buy zone"..some impriovement in sentiment needed, that's coming...thanks for your support.
Thanks for your continued support and excellent analysis of Bitcoin. Everyone should stop by and view your latest posts as they seem more accurate than most found on Steemit.
thank you so much..your support is greatly appreciated!
Signed up for Presearch. Thanks! Nice to get an airdrop that already has value.
Glad you signed up. I thought you might like this airdrop.
Same pictures, different names on different websites. Stupid, lazy scammers, can't even find a different picture for their scam sites
Stupid, lazy scammers make my job exposing them easier. I hope they never learn.
Presearch is a great thing hope they will give the tokens which i earned while searching :D
I keep watching them accumulate. Looking forward to when they distribute them.
most informative post that you share..i hope its effect may good for our currency market..
Thank you, I hope it has a good effect on everyone!
☀ Post Resteem Service Offer ➡ Re-steem Your New Post ➡ Send 0.400 SBD or 0.400 STEEM To @vimal-gautam ✉ Post Url in the Memo ✉ Your Post Will Be Re-steem to 7100+2600 followers 2 different accounts.☺
40000% are they nuts! If this was the growth rate, Crypto would have lost it value.