Coins, Markets, News, Tokens

NEWS: Petro Trumped!

Donald Trump vs. Venezuela’s national cryptocurrency.

“All transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Government of Venezuela on or after January 9, 2018, are prohibited as of the effective date of this order.” – exempt from the executive order.

The ban of Petro is a part of a wider array of sanctions against Venezuela and clearly demonstrated that mixing politics and cryptocurrencies is not necessarily a grand idea.

It is unclear whether these news had a positive impact on the price of TrumpCoin (TRUMP) against USD and BTC…

TrumpCoin price

…or a  negative impact upon the PresidentTrump (PRES) coin against USD and BTC…

PresidentTrump coin price

…however Petro itself was barely affected..

Petro Venezuela crypto price

🙂

Note: PresidentTrump and TrumpCoin can be bought and traded on LiveCoin and Cryptopia cryptocurrency exchanges. TrumpCoin can also be traded on YoBit.

Register a trade account on LiveCoin

Register a trade account on Cryptopia

Register a trade account on YoBit

Sources:  Continue reading “NEWS: Petro Trumped!”

Airdrops, Coins, Faucets, Featured, Markets, News, Signals, Tokens, Trends

Black CryptoFridays …when darkness descends upon the markets and portfolios are coloured red…

Yes, that term has already been coined. We would be surprised, otherwise.

The markets have seen worse. Remember the prophecies of doom what happened when China slashed cryptocurrency trading, restricting the search engines from showing anything crypto-related? First of all, when rumours of the Central Bank’s talks began spreading, within a day, bitcoin price in the Chinese exchange market increased by 9.3%, while other major markets (both Western and Eastern) remained stagnant. Momentum was rebuilding in China, despite the ongoing bitcoin exchange ban talks.

Then, for some time, Japan became the Asian cryptocurrency centre and the yen trade volume surged. Surprise! Traders moved offshore. Besides… What is the geolocation of Binance, the leading cryptocurrency exchange by daily trade volumeDemand for Bitcoin in China increased. Japan’s stagnating economy only welcomed the new status:

Takashi Shiono, Credit Suisse, Tokyo: “There are estimates that tax revenue from the cryptocurrency business, including capital gains taxes from individual investors and from corporations, could amount to 1 trillion yen (US$9.2 billion), though that is very speculative at this stage.”

Oh, the price of Bitcoin slumped temporarily, allowing those willing and able to take risks to profit off buying in cheap. Same scenario happened with South Korean government agencies proposed regulation: about 10 days later, the markets were, pardon the slang, like “whatever” (see chart below).

BTCpricesouthkoreanresonse.png

We mentioned the fate of said South Korean regulations previously. Why? There almost was a public uprising!

Why did the price of Bitcoin fall so low over the past days?

There are about 10-15 solid an 25-30 speculative reasons why. We will let Carter Thomas, do that for us. Hey, it’s the weekend. To us, it looks like one of those perfect times when you should go out, meet some friends, watch a film, do some shopping, play a computer game.

Still thinking about the cryptocurrency market and the blood-red of your portfolio? Ok, watch something on Viuly instead and get yourself some free VIU. Shop for virtually anything through the CCRB shopping system, – browse through AliExpress, get yourself a new gadget, buy someone a present or explore some holiday destination at a massive discount and get yourself a flat 25% cryptocashback bonus. Register at Cointiply and play a computer game, earning some satoshi for it. The rewards aren’t great, but you are free to play as often as you like and some of the games are actually cool; the truck arcades and Swoop are amongst the ones we enjoyed testing out:

(please forgive us for our sense of humour; the actual gameplay is fun: flying around amongst pretty landscapes, collecting shineys; but Black CryptoFriday (or BlackCrypto Friday? right?) 🙂

All is well, Feathercoin is still going strong against BTC (remember where you can get ahold of some free FTC for doing nothing and where you can trade them?). DASH is doing well against Etherium. Crave is just showing fiat who’s the boss. Other than that… Um, red is the new green? 🙂

*note: we previously have not mentioned Crave. We will.

*note: all factors considered, almost any CCRB cryptocashback offer, not mentioning special offers, beats a similar cashback offer from a traditional provider, such as Quidco. 

*note: we have not previously mentioned Viuly: if you haven’t yet, create an account now; you get 10 VIU for registration and random amounts of VIU for various bounty tasks. The ERC20 token is traded on major exchanges, however withdrawing VIU is a subject for a separate guide. Hint: VIU supply is limited…

Hope you have a great, diverse weekend!

Sources and Further Reading:

https://www.express.co.uk/finance/city/914507/bitcoin-news-cryptocurrency-japan-price-boom-coincheck-ripple-ethereum

https://www.bloomberg.com/graphics/2017-bitcoin-volume/

http://www.scmp.com/business/banking-finance/article/2132009/china-stamp-out-cryptocurrency-trading-completely-ban

https://www.ccn.com/bitcoin-trading-volume-in-china-rises-significantly-despite-exchange-ban-talks/

http://www.scmp.com/tech/innovation/article/2125282/chinas-bitcoin-crackdown-raises-cryptocurrency-demand-they-move-peer

Coins, Faucets, Scams

(Hi)Story: jetco.in Bitcoin Faucet Scam

Originally, the article was titled “Is jetco.in Bitcoin faucet a scam or not?”…

Yes it is a scam. A scam, which still makes money for its owner.

A more correct way of putting it would be “a faucet that dried out”, but the past is irrelevant. An even more correct way of putting it would be “a faucet designed to “dry out” after scamming its users off 10 Bitcoin… so far …and counting“.  Continue reading “(Hi)Story: jetco.in Bitcoin Faucet Scam”

Important

Faucetgate (or Coingate?) – the hacking scandal.

Well, now that the Oscars are over and Harvey Weinstein is undergoing therapy…

BREAKING NEWS! SHOCK! DRAMA!

About 16 hours ago, Faucethub has released the following:

coinpit hacked, says Faucethub
End of the world, according to Faucethub

Coinpot did not react immediately, about four hours ago they did respond in a calm and polite tone, as we have reported earlier.

Perhaps, they only found out that they were hacked from the message on Faucethub.

A simple Google search will, of course, leave it up to the reader to decide whether Coinpot was indeed hacked or not:
Screen Shot 2018-03-09 at 11.41.41Coinpot hackedCOinpot hacked“A bunch of logins was released” is a really compelling evidence in favour of Coinpot being hacked. Most likely, at least half the users use the same password and login for both Coinpot and Faucethub.

An example of what actually happened (about a month ago):

“It appears that their (Coinpot’s) SSL certificate expired today and they have either reverted back to a self signed certificate automatically or they haven’t fully setup their new one or have not done it correctly.” – https://steemit.com/cryptocurrency/@bitcoinminer25/coinpot-hacked-whats-happening

That was reposted and made (fake)  news:

“I was way off, coinpot was not hacked. The user @vencero shared some links to coinpot and it works fine. I want to apologize for making a post that was misleading and lacked sufficient research on the topic.”

(source: https://steemit.com/cryptocurrency/@bitcoinminer25/coinpot-hacked-whats-happening)

What actually happened this time:

…some services were offline and/or not working as good as others. A simple change of browser and some cookie cleaning solved the problem for us. For the rest, the Moon Faucets, BonusBitcoin and BitFun were operating perfectly and all the balances remained up to date.

Now, if an organisation would want to hack a multicryptocurrency wallet holding a lot of coins, would it go for the coins, or for disrupting login issues to some of the faucets? The remaining question is: why did Faucethub so readily warned its users about Coinpit accounts being hacked, while every second  website featured on Faucethub faucet injects a mining script into your browser, at the very least?

We will keep you posted as more light is shed on the situation.

P  S.

We do recommend you to use individual passwords for faucets and, ideally, create a separate (secondary) e-mail address for those purposes. 2FA is not a bad idea at all either. Also, please do refer to our Helpful Tips section: pop-ups and ads can be the main source of harm to your PCs and they can be killed with fire.

P. P. S.

Faucethub has not yet been reviewed on this website, mainly because our main focus is cryptocurrency investment and trading.

Facethub is a multicurrency walet, exchange, social network, beta-test platform for faucets and a mining portal with a repulsive interface in addition to that. Faucethub is not evil and definitely has its uses, but, unlike Coinpot, it attempts to do everything while excelling at nothing.

Coinpot focuses on improving on what it is doing best. Coinpot’s recent enormous reduction in minimum Bitcoin withdrawal amount and removal of transaction fees was a customer-oriented, intelligent market move and has hardly made any of the wallet’s competition happy.

To be continued.