Coins, Editor's Choice, Faucets, Featured, Giveaway, Markets, News, Signals, Tokens, Trends

DMYF news: a scheduled change of course. Let’s get to our destination quicker!

The Moon Faucet article has turned out a rather long read, featuring some information that a beginner might not be able to put to use straight away. In order to avoid overloading the reader with a ton  of text, images, videos, charts and tables at once, we were forced to post the related predictive calculation of annual faucet earnings and  Moon faucets claim earnings calculation in the News section. Moreover, the Helpful Tips section is a partly a side-line of that article.

As an experiment, we decided to compose a “step-by-step” version… with a twist.

We used to write about faucets extensively, however our primary focus has always been investments, trading, coins, tokens trading signals and cryptocurrency market news and trends. Regular readers will notice the shift in focus soon, if they have not yet paid attention to the front-page trends.

Sidenote: we get a lot of emails such as “great article… By the way… I just created my first faucet… Could you please review it…” 

We appreciate the positive feedback, our worst nightmare is creating a website which looks like a list of faucet links, created purely referral-generation (want examples? Visit Faucethub).

On a brighter note, we are also often contacted with investment opportunities and other cryptocurrency-related topics. That, we are more likely to feature. 

We are open to any suggestions and any welcome any kind of cooperation, but we view faucets as a simple way of accumulating some knowledge about cryptocurrencies, or even save up some basic trading or investment capital for your portfolio. With few exceptions, such as Freebitco.in which is also an excellent investment vehicle, carefully ask yourself whether you are going to make a fortune off a faucet.

Especially, if you just try a faucet, use it for a few days and leave it be. Congratulations! You have been fleeced. Not only the faucet owner has generated advertisement (or other) income off you, you did not bother taking anything in return. Thinking of trying a faucet? Try it. But do not quit half-way. Do not let the system win!

What is advertisement income can a faucet generate off you? That is an interesting question. If we take Moon Faucets, the price of an appearance of a small banner is $0.10-$0.15 USD per 1000 views.  You do the maths who’s the winner in this equation.

Do not get us wrong, we will still post news relevant to the faucets we featured, publish articles on how to make the most of them, update the Tips section.

Why don’t we just completely get rid of faucets? Because, even today, those 50 doge can kickstart your trading career. Sounds surreal? It is not.

You can read more in the “Our Vision” section.

Soon, we will publish a review of the excellent next-generation Cointiply bitcoin faucet (register at Cointiply now) and, after that, dedicate most time on writing about market news, investments, trading strategies, trading signals.

P. S. We are thankful to all those using our referral links; the revenue will either be used for project development; this project is designed as something built entirely using cryptocurrency (hosting, domain name, design), product testing (i. e. testing a new exchange) and the rest will be given back to the community directly (see our weekly giveaway section), or indirectly, in forms of bounties. One of our goals is that one day 100% of every faucet income will be given back to our referrals… So we have a lot of work in front of us.

Thank you for your support!

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

Buying Cryptocurrency, Coins, Markets, News, Scams

NEWS: Google bans ICO ads, Coinbase approved by FCA and more

Goodbye, ads of pump-and-dump ICOs!

Google is going to ban all ICO-related adverts, as well as advertisement of wallets and agencies offering investment advice. We applaud Google. Recently, the cryptocurrency market went mad; it seems that a pretty website (preferable), fake promises (necessary), a whitepaper (can be composed of random generic rewritten material from actual whitepapers), some mention of the words “decentralised”, “cryptocurrency”, “projected price by 2020”, plus some investment in advertising online = successful pump-and-dump ICO. We have saved a number of examples which we will later break down, – the situation is turning into a joke. A bad joke.

Sources: 

https://www.bloomberg.com/news/articles/2018-03-14/google-to-ban-cryptocurrency-initial-coin-offering-ads-in-june

https://www.cnbc.com/2018/03/13/google-bans-crypto-ads.html

Common sense prevails.

South Korea most likely to revert its ban on ICOs and cryptocurrency exchanges, allowing South Korean companies to raise funds via ICOs. Although the initial story was hyped beyond its actual significance and often misinterpreted, today’s news are nothing but good. South Korea is a significant cryptocurrency market and introducing draconian regulations could lead to… Using some loopholes, South Korean startups would prefer… North Korea.

Sources: 

http://fortune.com/2018/03/12/south-korea-cryptocurrency-ico/

https://www.investopedia.com/news/cryptotrading-and-icos-now-allowed-south-korea/

https://www.coindesk.com/south-korea-may-lift-ico-ban/

Coinbase approved by UK’s FCA

…and becomes as “legit” as can be. For those who can afford it, buying yourself into the world of cryptocurrency trading becomes much easier (specifically for UK and EU users). Coinbase gained access to FasterPayments thanks to an agreement with Barclays (a first deal between a major UK bank and a major cryptocurrency exchange), which means that buying bitcoin using a credit or debit card becomes as easy as making an Amazon purchase.

Quoting from the Coinbase newsletter:

“We are happy to announce that Coinbase has received an e-money license from the Financial Conduct Authority (FCA) in the UK. The license will allow Coinbase to issue e-money and provide payment services across Europe. For our customers, this will ultimately help us deliver a better experience through new partnerships and an easier to use product.”

We wonder; when will we see a first reputable cryptocurrency debit or credit card? Is this another step towards making the profits from cryptocurrency faucets and exchanges as effortless?

Sources

https://techcrunch.com/2018/03/13/coinbase-emoney/

https://www.cnbc.com/2018/03/14/coinbase-cryptocurrency-exchange-opens-bank-account-with-barclays-in-uk.html

Important

Friendz ICO update – international App launch

According to today’s Friendz newsletter, the platform’s Android app has been finally officially released internationally.

We have previously mentioned that Friendz is an established marketing advisory company and uses the ICO for targeted fundraising. Although the FDZ Etherium token is not yet traded externally (as far as we know) app development usually positively affects the market price.

friendz mobile app launch during ico token saleEspecially if the app is something of quality.

friendz releases an android app during its ico token sale

“Why should I use Friendz app?

Continue reading “Friendz ICO update – international App launch”

Important

Obirum – a new addition

(an exempt from Obirum’s newsletter):

“We are very happy to announce that Claudio Ramirez has become the advisor of Obirum. He is also the Trusted Advisor of McFly.aero, Blockchain/AI/IoT/VR/AR Expert. Hopefully with the participation of Claudio Ramirez, Obirum will have many changes in the near future.”

Considering the start of Obirum’s ICO, Claudio is no doubt a well-timed addition to the advisory staff, no doubt. Perhaps… Too well-timed?..

Since the start of the token sale, some considerable sales progress has been made:

Obirum free token.png

Whether or not the Hard Cap will be reached or not is not even a question. “When” is the question.

The interesting thing is that there is nothing spectacular about the project. A well-planned, executed and marketed pre-ICO campaign, – absolutely. Is their product revolutionary, though?..

More on Obirum

P. S. 

Considering that Obirum’s Telegram group does not seem to have 100,000 active users, does that mean that you still have a chance to get ahold of some tokens?

obirum bounty reward

In the best case scenario, there will be some extras to add to your portfolio once the ICO is complete!

Try your luck!

Important

Friendz Airdrop

…is almost over. Join and try to get ahold of some free FDZ tokens before it’s too late. Unlike most companies going through the ICO process, Friendz is an established marketing and advertising company, successfully operating since 2016 and is just intending to use the ICO to incorporate blockchain into their operations.

ICObemch (ranked Friendz ICO at 4.6:

“Friendz is a working product with €1.2m in revenues and a community of 200k users. Friendz platform connects companies to people willing to provide support in the generation of advertising contents directly posted on their personal social media profiles. Users involved in this peer-to-peer communication process get rewarded for their collaboration on Facebook/Instagram/Twitter/Medium through our FDZ tokens. FDZ will be the standard token to manage and reward people for online activities.”

Source: https://icobench.com/ico/friendz

From today’s Friendz newsletter:

Friendz closed a new partnership with Andrew Duplessie, a Venture capitalist and entrepreneur with two successful exits. He is CEO of Tipster and runs a multi-million dollar crypto currency hedgefund that posted over 300% returns in 2017. Andrew has worked with over 15 ICO’s, that collectively have raised over 1 billion dollars and has over 250 million followers across Instagram and Facebook.”

Friendz ICO token price

Important

FLASH NEWS: HOURS LEFT UNTIL OBRIUM ICO

…and you still have a chance to earn some new tokens (the referral airdrop is still ongoing!)!

Obrium is a browser-under-development, integrating a crypto wallet into your browsing experience. The project has been critically acclaimed and ranked highly amongst similar projects.

“Obirum is a browser that integrates the advantages of blockchain technology with the desire to become a most powerful and secure browser. Bitcoin, Ethereum and other decentralized digital assets opened a future for a whole new financial infrastructure. These technologies allow users to interact directly with their money, rather than relying on businesses and other organizations that can be costly and restricted. We can imagine a future where consumers have complete control of their finances, it is impossible for a hacker to access an only one server and take millions of credit card numbers. Financial management will no longer have to depend on banks and we could avoid unnecessary risks.”

External sources:

Obrium on CoinGecko: 

https://www.coingecko.com/en/ico/obirum

Obrium on ICObench (4.4 score) 

https://icobench.com/ico/obirum