Welcome to The Cryptocurrency Novice Report for Tuesday May 1, 2018.
Word to the Wise
Today on Word To The Wise, we take a look at a new high interest paying investment website called BtcReal.
What is so great about BtcReal? Is it the amazing investment plans they offer that allow you to turn a $30 investment into over $44 Million in only 1 week? No!
Is it that BtcReal claims you can earn these amazing returns on your investment with ZERO RISK? No!
Is it that BtcReal won't give you a phone number to call for support? No!
The great thing about BtcReal is that you can purchase weed when you visit their office at 1065 Danforth Avenue in Toronto, Canada!
What? That must be some sort of mistake! Nope, I checked on Google Maps Street View and this is what their office address looks like. At least it looks like a secure location, just look at all the bars on the windows.
Ok people, the simple fact is that BtcReal is a scam. No legitimate investment company out there would ever claim to be able to turn $30 into $44 Million in only 7 days. A legitimate investment company would not claim to guarantee zero risk on your investment. And most certainly a legitimate multimillion dollar investment company would not be run out of a marijuana shop.
So if you're looking to get high, definitely stop by BtcReal. But, if you're looking to get high returns on your investments, avoid BtcReal like the plague. They are just a den of thieves who will steal your money.
Money For Nothing
Today's Money For Nothing is 8 free CSM tokens from Consentium.
To earn your 8 free CSM 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.
Consentium has created a Chat App with a proprietary community monetization model and multi-currency transfers. In other words it's Steemit as a chat app on your phone. Ok, that may be an over simplified analogy, but you get the point. You can learn more about Consentium at their website https://consentium.net/.
The Report
The cryptocurrency recovery has paused for the moment. Here's a look at how our favorite coins are performing.
Bitcoin is currently trading at $8943, down 3.9% since this time yesterday morning.
After trading over the $4 mark for the last 3 days, Steem has fallen back into $3 territory. Currently, Steem is trading at $3.71, down 7.3% in the last 24 hours. SBD is keeping pace and is currently trading at $3.13, down 7.5% since this time yesterday.
On the Steemit Market, Steem is still fairly expensive. Right now Steem is trading for 1.210 SBD.
The supply of liquid Steem has continued to recede recently. Since last Friday, the amount of liquid Steem has decreased by 100,000 Steem. Currently there are 76.67 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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