Welcome to The Cryptocurrency Novice Report for Wednesday April 11, 2018.
Word to the Wise
Today on Word to the Wise we take a look at a new high interest paying investment site called NowDeposit.
NowDeposit apparently is a family owned business run by the Doe family. At least that is how it appears when you look at the team behind Nowdeposit.
Unfortunately, they may need to find a new CEO because I saw in the newspaper this morning that the police found a John Doe dead last night from a gunshot wound.
A quick check on the FAQ section shows that the company is registered and based in the United Kingdom.
Unfortunately, they seem to be a little confused about where they work because elsewhere on the site they claim to be located in Provo, Utah.
Wait a minute... that Utah address looks very familiar.
Ah yes, now I recall. That's the same address that the scam site HourPromise listed as their address. I featured them on Word to the Wise last week
So there you have it. Proof that NowDeposit is just another scam site thrown together by the same lazy person behind other scam sites. Don't be fooled by these poor attempts to steal your money just because they promise quick and easy riches..
Money For Nothing
Today's free money is a chance to earn 50 Nuocoins from Nuo.
To get your free Nuocoins, you must have an Android phone, sorry iPhonies, no Nuo for you! Just go to the Google Play Store and search for the Nuo Bank app.
Once you have installed the Nuo Bank app, please enter the referral code 1MNN46.
Nuo is building the Bank of the Future. With the distribution on free Nuocoins, they hope to bootstrap the acceptance of Nuocoin and the use of the Nuo Bank. With over 2 billion unbanked people in the world, Nuo hopes to provide them financial services with a decentralized and transparent banking platform. You can find out more about Nuo at their website https://getnuo.com/.
The Report
The cryptocurrency market is struggling to recover from several down days earlier this week. Currently most of the market is in the green, although most only slightly. Let's take a look at what our favorite coins are up to.
Bitcoin is struggling to get back over $7000. Currently it is trading at $6898, up 0.7% in the last 24 hours.
Steem is doing a little better. Currently Steem is trading at $1.91, up 4% since yesterday afternoon. SBD is currently trading at $1.94, up 1% since this time yesterday.
In the Steemit Market, Steem is currently trading for 0.98 SBD. Steem continues to catch up to the price of SBD and may soon overtake it. If you think this is likely you may want to pick up some Steem at a discount now.
The supply of liquid Steem continues to slowly increase. In the last two days, the amount of liquid Steem has increased by approximately 110,000 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...
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