Welcome to The Cryptocurrency Novice Report for Friday April 27, 2018.
Word to the Wise
Today on Word To The Wise, we take a look at a new website claiming to give you the opportunity to earn a permanent source of income called Speedflow.
So what do you need to do to earn this financial freedom? Just send them $20 to get started.
That seems easy enough. How does it all work? Well, after you send them $20 you get put into a tree and as you recruit more people to the program you move up the tree and then... wait a minute. This looks and sounds a lot like a Ponzi Scheme!
Oh no, they try to tell you. A Ponzi scheme is risky. But at Speedflow the risk is minimized because the admission price is immediately returned. Well, immediately returned after you recruit 6 more people to the scheme.
Financial security. Who hasn't dreamed of that? Free time for leisure activities. Travel. We all dream of these things to one extent or another. Well you won't find any of that at Speedflow! You will find heartache and ruin, like everyone else who has ever got involved in a Ponzi scheme. Don't believe me? Try Googling Bitconnect or Bernie Madoff. Stay away from Speedflow and any other "investment program" that looks or smells like a Ponzi scheme.
Money For Nothing
Today's Money For Nothing is 28 free KNOW tokens from Kryptono Exchange.
To earn your 28 free KNOW tokens, follow this link to talk to the Bot and claim your free tokens. 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.
The Kryptono Exchange is opening on May 1, 2018. You can learn more about Kryptono Exchange at their website https://kryptono.exchange/.
The Report
The cryptocurrency recovery has once again started chugging ahead. Here's a look at how our favorite coins are performing.
Bitcoin is currently trading at $9058, up 0.2% since this time yesterday afternoon.
Steem is charging ahead today. Currently, Steem is trading at $4.28, up 10.2% in the last 24 hours. SBD is also moving higher today, albeit at a much more subdued pace. Currently SBD is trading at $3.55, up 2.8% since this time yesterday.
As expected, on the Steemit Market, Steem is getting a lot more expensive. Right now Steem is trading for 1.213 SBD.
The supply of liquid Steem has started to dry up a little recently. In the last two days, the amount of liquid Steem decreased by 223,000 Steem. Currently there are 76.77 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...
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