Bitcoin as the example to followBein aware of the risk in Cryptocurrency investment is much more important to preserve wealth.
The plus side of Bitcoins Advanteges when investing wisely in bitcoin. Some coins were purely developped or forked (copied) to make people get rich quick. Just to make money only by their creators and small group involved in instamine or premine. Beware of not using these coins, they can go under on their own. Altcoins which are not accepted in online retailing.
List of scamcoins – do not use: Source: xorxor’s list of all cryptocurrencies at bitcointalk forum.
The Crypto Currency crazy pose a lot of unforeseen danger specially for an experienced investor. Get all the information about the most common scams in relation to tokens sales. Beware and don’t lose your digital Assets!
Social media scamming
Social media is often used by scammers these days. Be skeptical of messages from unknown senders or somebody claiming to be a member of an ICO asking you to send any funds to an address provided in the message. Do not visit websites that these messages contain.
Crypto Currency follow the leader.
The cryptocurrency market continued its hick up tone around August 2018; bitcoin and most cryptocurrencies kind of enjoying their prominence. The very best moments have been around august 2018. Just then a big sale plus a SEC ruling made the Bitcoin twitter crew skittish. The lack of trust plus the big sale made a downward movement which stopped around US$6.400. The rally showed signs of disconfidence in the market, through social media it became contegious.
ZClassic, Bitcoin Private and Bitcoin Prime – some Serial Imitators
All are worked by a team, i.e. ZClassic from the innovative Zcash project, to the forking of the same ZClassic to create Bitcoin Private and finally a planned fork of Prime coin to create Bitcoin Prime. Their creator was accused of taking advantage of the innovation of projects like Zcash and the popularity of the bitcoin name.
Bitcoin Forks – Flawed Copycats?
Weiss Cryptocurrency Ratings released advice on their Rating website where Bitcoin Cash termed intellectually dishonest and forks of bitcoin, Bitcoin Gold, Bitcoin Diamond, and Bitcoin God were proven to be flawed. In an article previously published Weiss Cryptocurrency Ratings had detailed the flaws of these ‘copycats’ which claim to solve bitcoin’s flaws whereas they seek to cash in on its popularity.
Curious how to mine BTC? On the mine Bitcoin page you can read about it.
You are more interested in the Bitcoin blockchains entering the banking sector, or what is slowing down bitcoins output?
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Beware of Altcoins
Sending mined coins
Social media & bitcoin
2nd passport opportunities
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