DMYF
Coins, DMYF, Editor's Choice, Faucet News, Giveaway, Important, Markets, Signals, Tokens, Trends

If You Have Not Visited dmyf.online from 06.01.2019…

…you missed the following updates, articles, videos, reviews, tests, giveaways (and more!):

06.01.2019:

2019 FreeBitcoin 4x Reward Point Promotion Still Running…
Ethereum Daily Trade Volume Overtakes Bitcoin?
Report, Video. Payout Transfer: 100 Dogecoin from Eobot to External Wallet.
Transaction Times: Seconds, Service Status: Operational.

07.01.2019:

General Knowledge: Dogecoin Wallet

11.01.2019:

(ongoing) Dogecoin Giveaway: Update
General Knowledge: Brave Browser’s Basic Attention Token (BAT): Whitepaper

15.01.2019:

DMYF’s readership stretches as far as…

16.01.2019:

Important Update: DMYF is Looking for Freelancers
News: LuckyGames Now Accepts TRON’s TRX Token, Offering 0% Withdrawal Fee!
More on Minimums, Maximums, Conversions… plus some Essential General Knowledge
VIDEO: Blockchain Basics

20.01.2019:

(ongoing) DMYF Free Bitcoin Giveaway: Update

22.01.2019

(ongoing) Dogecoin Giveaway: Update

23.01.2019:

VIDEO: TRX Market Cap in 60 Seconds… vs. What is TRX?

24.01.2019:

Hypothetical Questions – What Unites Venezuela and Indonesia?

30.01.2019:

WARNING: New Virus Steals Cryptocurrency! More Information and Critically Important Safety Basics

01.02.2019:

New Year DMYF Giveaway: Successful Conclusion; Dogecoin and BitcoinShared!
GENERALKNOWLEDGE: What Is Bitcoin? (Video)

02.02.2019

24-hr Trade Volume (USD) – Exchanges. ZB.com Overtakes Binance.
$25-Worth of Stellar from Blockchain: Myth or Reality?

05.02.2019:

Facebook’s First Blockchain Footstep

06.02.2019:

Free Dogecoin Giveaway (ongoing): upd.

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Coins, Editor's Choice, Giveaway, Guide, Important, News, Tokens

LuckyGames Contest! 7,000+ USDT Prize Pool!

Banner from LuckyGames Website advertising 7,000+ USDT Giveaway to the upcoming 70,000,000,000th Bet! 100+ Possible Winners and 3 Events! Good luck
No LuckyGames account? We don’t blame you; we do not condone gambling and, saying that – we still consider registering on LuckyGames a good idea, as at least parts of the contest require no investment on a user’s part. Besides the insane 0%-fee market-rate conversion between 100 currencies (rates updated every minute), besides the faucet allowing players to play for free non-stop and even purchase goods in the store, besides the chat which… rewards participants for chatting every 15 minutes or so (with actual Coins and Tokens), beside tiny-to-zero withdraw rates (minimum Dogecoin withdrawal – 10 Doge, commission – 1 Doge)… it hosts amazing contests.

nlsgzva
RULES:

Hello Luckygames Community!

We are glad to announce our next BIG giveaway to the upcoming 70,000,000,000th bet.

This time we prepared something special, which will force you to unite with other players in a teams of 5 players to compete alongside :)

Read the rules carefully, to be in the game. Good luck!

Teams Challenge

Invite your friends to join your team or search other players in our public rooms and via PMs who also wants to participate.

All teams must be 5 players each (not more or less) in order to participate. Be careful and make the right choice, since 1 violator will disqualify the whole team.

You need to choose the name of your team and the leader, who will represent his team on the forum during the giveaway.

Each leader needs to post the following message in the giveaway thread till the 70,000,000,000th bet in order to register his team (the 1st username is leader’s).

Example:

Team (The name of your team)

1. Luckygames Username (Dice) (00)
2. Luckygames Username (Roulette) (98)
3. Luckygames Username (Hacker) (77)
4. Luckygames Username (Balls) (36)
5. Luckygames Username (Cells) (11)

Don’t forget to include the Game and Prediction Number of each teammate in order the team to take part in the events (more information in the events description).

The Registration Message can be edited till the 70,000,000,000th bet in case if you want to change your teammates, games or prediction numbers.

Terms:

  1. All teams must be 5 players each.
  2. All accounts must be Level 5 at least.
  3. Multi-accounts are prohibited. It’s not allowed to join more than 1 team.
  4. Each team must be registered till the 70,000,000,000th bet.
  5. It’s NOT allowed to edit the Registration Message after the 70,000,000,000th bet.
  6. It’s NOT allowed to submit more than 1 Registration Message for each team.
  7. If at least 1 rule is violated, the whole team will get disqualified from the whole giveaway.

1st Event (All Games Challenge)

This event will connect all 5 games currently available on Luckygames. Each team needs to decide which game out of 5 will be played by each player.

The leader needs to add the corresponding games to usernames in the Registration Message.

Balls Game Rules:
You need to hit Lucky Ball 7 two times in a row (one-by-one) in Balls game regardless of whether the bet is win or loss.

Dice Game Rules:
You need to hit Lucky Number 7 two times in a row (one-by-one) in Dice game regardless of whether the bet is win or loss.

Roulette Game Rules:
You need to hit Lucky Number 7 two times in a row (one-by-one) in Roulette game regardless of whether the bet is win or loss.

Cells Game Rules:
You need to hit Multiplier 3.00x and 4.00x in a row (one-by-one) in Cells game. Please note, that hitting multiplier 4.00x and then 3.00x won’t work.

Hacker Game Rules:
You need to hit the winning bet in Hacker game with 20 websites and 20 busted cells as shown on the picture below:

hacker games from lucky games
Once the team finishes all 5 games, the leader needs to post the following message in this thread including all valid bet ids:

Example:

Team (The name of your team)

1. Luckygames Username (Dice): 70,000,123,335, 70,000,321,355
2. Luckygames Username (Roulette): 70,000,397,679, 70,000,886,708
3. Luckygames Username (Hacker): 70,000,971,255
4. Luckygames Username (Balls): 70,000,351,764, 70,000,612,444
5. Luckygames Username (Cells): 70,000,123,335, 70,000,321,655

The first 20 teams who will post their valid bets faster then others will be the winners. Each teammate will take 70 USDT and 7 Days LEGEND!

If there is less than 20 teams win, the remained prize pool out of 7,000 USDT will be split among the winners.

Terms:

  1. The bets made before the 70,000,000,000th bet won’t be taken.
  2. The Hacker game started before the 70,000,000,000th bet won’t be taken.
  3. All coins can be used to place bets. No minimum bet amount.
  4. It’s not allowed the user to play the different game to which was declared in the Registration Message.
  5. Multi-tabs / More than 1 session / JS bots / Clickers are not allowed.
  6. If at least 1 rule is violated, the whole team will get disqualified from the event.

2nd Event (Predict and Win)

Each teammate needs to predict 1 lucky number from 0 to 99, which they think will be rolled for
70,000,000,000, 70,000,000,001 and 70,000,000,002 bets.

If the team hits 1 lucky number, each teammate win 30 USDT and 3 DAYS LEGEND!
If the team hits 2 lucky numbers, each teammate win 50 USDT and 5 DAYS LEGEND!
If the team hits 3 lucky numbers, each teammate win 70 USDT and 7 DAYS LEGEND!
If the team hits 4 lucky numbers, each teammate win 100 USDT and 10 DAYS LEGEND!
If the team hits 5 lucky numbers, each teammate win 150 USDT and 15 DAYS LEGEND!

The leader needs to include the prediction numbers of each teammate to the Registration Message.

Terms:

  1. Next bet id will be taken, in case of 2 same roll numbers.

2 BTC Wagering Contest

Wagering Contest with 2 BTC Prize Pool will be held on the next day since we hit the 70th billion bet at 00:00 UTC (server time). Follow the Contests page!

1st Place – 0.60 BTC and 30 Days LEGEND
2nd Place – 0.40 BTC and 30 Days LEGEND
3rd Place – 0.30 BTC and 30 Days LEGEND
4th Place – 0.20 BTC and 30 Days LEGEND
5th Place – 0.16 BTC and 30 Days LEGEND
6th Place – 0.12 BTC and 30 Days LEGEND
7th Place – 0.10 BTC and 30 Days LEGEND
8th Place – 0.06 BTC and 30 Days LEGEND
9th Place – 0.04 BTC and 30 Days LEGEND
10th Place – 0.02 BTC and 30 Days LEGEND

GOOD LUCK TO EVERYONE! LET THE STRONGEST TEAM WIN!

Register on LuckyGames and don’t gamble using valuable currencies! As for the contest… may Lady Luck smile upon you!

Read more: LuckyGames on Don’t Miss Your… Faucet!
Read more: LuckyGames on Don’t Miss Your Flight!

Coins, DMYF, Editor's Choice, Faucet News, Giveaway, Important, Markets, Signals, Tokens, Trends

If you have not yet visited https://dmyf.online …

…you have missed the following updates, as we no longer mirror our most recent new website updates with this, old version:

19.12.2018: Coinpot Token’s Value – An Opportunity out of Nothing

 

22.12.2018: Video: The Basics of Dogecoin in Under 2 Minutes. Learn => Earn!

 

23.12.2018: Subsidiary of Börse Stuttgart to Include Bitcoin, XRP, Ethereum, LTC in Germany’s First Crypto Trading App, Prizes to be Won.

28.12.2018: COINPOT.CO: MAY BE HACKED

 

29.12.2018: Coinpot.co Multicurrency Wallet (or faucet income aggregator) still down

 

29.12.2018: Coinpot Multi-Currency Faucet Income Aggregator Status: Online, Connection Not Secure

 

01.01.2019: “No Comment”: 1 LTC = $31.92; Litecoin Price – Pump, or Jump?

 

02.01.2019: Happy New Year from DMYF! 2019 Giveaway – Day 1!

 

Buying Cryptocurrency, Coins, Editor's Choice, Faucets, Markets, News, Signals, Trends

A Year Ago, Bitcoin Price Dropped By $2000…

btc price

…will history repeat itself?
…what has caused the price drop?
…is this “the beginning of the end, or the end of the beginning’?

We will not answer any of these questions.

We will let the magnificently informed, all-round knowledgeable and brilliantly versed cryptoreporters google queries such as “why btc fell“, “bitcoin prediction 2019“, “hard fork definition” so they’d at least stop staring at the specs of the new iPhone and maybe did some writing.

Similarly, we will not comment upon various pleasant characters likes of George Soros giving hush-hush statements along the lines of “Bitcoin is nothing but a bubble…” just so (with the aid of aforementioned “journalists”) the price drops enough for Soros’ own (surprise!) cryptocurrency fund enters the market on rather more favorable terms.

As for Warren Buffett

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

…we will not discuss Berkshire Hathaway investing $600 in two fintech firms, – that’s like so two-week-old news.

We will humbly remind our readers that Bitcoin faucets’ rewards increase during market downtimes:

Register on MoonBitcoin

Register on FreeBitcoin

Register on BonusBitcoin

Register on BitFun

(although EoBot is is still under review, the cloud mining platform also has a faucet)

…oh, how about that BitcoinCash rumoured fork?

Don’t forget about MoonBitcoincash

Last, but not least, – in case anyone expects a price hike following a price dip and feels reckless enough to risk buying some Bitcoin while the price is low, but does not feel to navigate through exchanges, arguably the most convenient and instant way to buy Bitcoin online is Changelly (accepts Visa, Mastercard… and about 100 cryptocurrencies)

Changelly interface for buying bitcoins


As it’s a wallet-to-wallet service, no “deposits” are needed: once a user enters the desired amount, inputs the recepient’s wallet address (no wallet – no problem; it can be created on the spot), makes a purchase and… receives coins within minutes.

Unfortunately, the minimum purchase amount is $50, however the conversion rates are good and the speed+simplicity of the process counterbalance the cons. In addition to that, Changelly offers crypto-to-crypto exchange services. Changelly might not be the cheapest option on the market, but is a trustworthy, reliable and user-friendly choice (Changelly on Trustpilot).

P. S. We do not offer financial advice. We are neither encouraging anyone to purchase Bitcoin, nor are we hypothesising that the price will necessarily go up after yesterday’s dip. All information is published for entertainment and educational purposes.

Selling Cryptocurrency, Tokens

“Coinpot Token: Price, Value, Worth” Series: Today’s Coinpot Token Price. Bonus: A Withdrawing Coinpot Token Guide.

We continue examining Coinpot Token‘s price, value, worth, comparing the fluctuations of exchange rates and, hopefully, getting our readers closer to realising that Coinpot Token alone can shine like a diamond (diamonds don’t shine; they reflect) is a powerful earning mechanism…  (let’s not get ahead of ourselves) nice little bonus.

Previously on the “What is Coinpot” Series (some recommended reading):

Coinpot Token’s Worth in August: Conversion Rates, Fiat Value… Future Price?

Coinpot Tokens’s Price Today vs. One Week Ago

Coinpot Token Series: The Value of 100 Tokens Today

Q&A: How to Convert Coinpot Tokens to Dogecoin?

Should you wish to boost your Dogecoin, Bitcoin Cash, Bitcoin, DASH or Litecoin balances by converting Coinpot Tokens into the desired currency right now, or should you wish to withdraw Coinpot Tokens to an external walletexchanging them for something less tied to a single resource… If you’d like to convert Coinpot Tokens to fiat (USD, EUR, GBP or any other fiat currency,) today’s internal exchange rates are:

Today’s Coinpot Token Value: Bitcoin Cash

Converting Bitcoin Cash to Coinpot Tokens

Today’s Coinpot Token Price in Bitcoin

howmucharecoinpottokens
Right Now 100 Coinpot Tokens are worth 0.00000153 BTC

Measuring Current Coinpot Token Price in Dogecoin

coinpottokenshowmuch
On an internal exchange, 100 Coinpot Tokens are worth 4,447720806 Dogecoin

Today’s Coinpot Token Value: DASH

whatisthepriceofcoinpottoken
Selling 100 Coinpot Tokens? Internal Price in DASH: 0.00006432

Today’s Coinpot Token Value: Litecoin

coinpottokenaretheyvaluable
0.00017128 is the Current Price Coinpot Values 100 Tokens in Litecoin


*NOTE: Literally, while screenshotting and writing this piece, the exchange rate of Dogecoin changed.

Exchange rates can and will fluctuate on a daily basis. Often, multiple times. 

Notice how we did not add historical data to compare this moment’s exchange rates to previous exchange rates as we did in previous articles? This does not mean you don’t have to, should you be making a decision.

All relevant data can easily be found in previous posts.

We simply believe the discrepancy between the price of 100 Tokens in, say, Dogecoin, can encourage

This time, we will add some more boring numbers vital information. One must consider when estimating the price of a Coinpot Token.

Current Bitcoin price in USD: $6,420.09 
Current Bitcoin Cash price in USD: $557.19 
Current DASH price in USD: $152.40
Current Litecoin price in USD: $57.21
Current Dogecoin price in USD: $0.002374

(source: coinmarketcap.com)

All the above-mentioned cryptos’ prices fell from 1%+ to 7% in the last 24 hours.

(which is not unusual for a Sunday)

— FOOD FOR THOUGHT (not to be interpreted as “this is what you do…”) —


Why has DASH fallen 7% against USD and BTC fell only 1-ish%? It is really a rookie question, but if you do not know the answer… Research, research, research. You can also ask us to direct you to the right news sources and to answer any questions you may have. If we can, we will!

Did you know that you can use the Contact Us Form for any purpose relating to the interaction between yourselves and us? Often, people feel ashamed to not know something and admit it publicly.
There is no shame in not knowing something. There is shame in not wanting to know.
– If you prefer to ask something tete-a-tete, you are welcome! Despite how busy we are, we will respond and we will never ridicule you or break the rules of confidentiality. 

Now, those who think a 7% fall against USD is too steep for DASH  (whether it is orr not, is irrelevant) might want to run to Changelly to buy some DASH with a credit card. Or some other coin/altcoin/token. If you see an opportunity that is too good to be true and have access to fiat funds, Changelly is the quickest way of taking advantage of it, as registration takes a second and no deposit is needed when making a transaction. 

0.50% flat commission, immediate wallet-to-wallet exchange...
0.50% flat commission, immediate wallet-to-wallet exchange…

Others might consider spending their Coinpot Token balance instead of fiat.

By far, not everyone thinks of the value of cryptocurrencies in fiat terms, therefore, we, at DMYF, will first of all look at the BTC-DASH trade pair.

Some might abandon the MoonDash faucet, or set it as “low priority”. Others might remember the golden rule “low fiat price = higher faucet payouts” (some faucets follow the rule meticulously; others react slower).

IMPORTANT: Remember: the USD price of DASH today and USD price of DASH tomorrow might easily increase by 100% as a result of some press release. We predicted this happening with many cryptocurrencies earlier: fauceting during downtimes pays off more often than it doesn’t. Besides, don’t forget the 3 guaranteed Tokens… 

(if you are a faucet user) Do not remove MoonDash, or any of the five main currencies out of your faucet circulation no matter what. Even if for a visit or two a day. Most importantly, though, under no circumstance forget BitFun and BonusBitcoin.

And, in the name of all that is true and holy in this world, register a Freebitco.in account for every family member using every available device (using our referral link if you want us to send you free satoshi) and visit, visit, visit… Forget about how little BTC is earned hourly. We are preparing a detailed review of FBC where a lot will be explained. For now, just trust us.

P. S. We hope by now, everyone knows how to quickly withdraw Coinpot Tokens literally anywhere from Coinpot.co.. Just in case…

   Transferring Coinpot Tokens to an External Wallet: (a short, non-illustrated) Guide… 

1. Pick the best exchange rate.
2. Pick the lowest minimum amount for withdrawal of a currency (if you are low on tokens).
3. Make sure you are considering all fees and minimum deposits/maximum withdrawal \amounts you will encounter: Coinpot does not charge withdrawal fees; others do. They vary currency to currency and exchange to exchange.

READ MORE: SURPRISE! This is why Dogecoin is so popular! General Knowledge: DOGECOIN

And yes, consider factors such as speed of transaction too!

READ MORE: Lightning-fast DASH withdrawal to Binance trading wallet

4. Go through the process of entering your password and confirming the transfer by clicking Coinpot’s security email link…
5. Wait… Wait… Wait for it… Voila!!!

Q: Can I send coins, tokens, Dogecoin, Bitcoin, Satoshi, Bitcoin Cash, DASH, Litecoin etc. etc. etc. from Coinpot.co or from a faucet like Freebitco.in or Freedoge.co.in to an exchange (i.e. CoinExchange or Changelly)? 
A: Yes. Very broadly, a wallet is a wallet. It can be hardware, software, online, offline, piece of paper, app on your phone. The differences are degrees of access to your wallet and security. Normally, an exchange generates a Deposit Address, – that is your “wallet” for that service, or even a single transaction. Now you are free to send your 5 hard-earned Dogecoin to practice “trading”. 🙂 

(Note: we avoid going into detail and defining “private keys”, pitching hardware vs. software, etc. as we are talking about sending 5 Dogecoin to coinexchange..io to spend on some altcoins for fun; not about storing 1500 BTC)

…to be continued.

 

Buying Cryptocurrency, Coins, Editor's Choice, Faucet News, Faucets, Featured, Guide, Signals, Tokens, Trends

Coinpot Token’s Worth in August: Conversion Rates, Fiat Value… Future Price?

coinpot token what is it worth how much can i get for coinpot token whats coinpot token price cab i sell coinpot token for fiat coinpot token hold or sell

1. Introduction

SOME BACKGROUND: Coinpot.co rewards its users with Coinpot Tokens

Coinpot Tokens represent an undervalued feature of Coinpot.co. Rivers of time have flown by a since mysterious Token’ Balance appeared on or dashboards, yet do all active Moon faucet users utilise full earning potential of the automatically and generously awarded bonus?..checkcoinpottokenbalance

a. First things first

If you are a dedicated faucet user, think of all sources of income the faucet offers to you holistically. It would not be a bad idea to apply the same frame of mind to all faucets you are active on. Should you wish, create a formula, even if only an image of, for yourself, taking into account factors such as the following (example):

A 88 satoshi roll on BitFun (if you leave an hour or two between visits/claims) earns you 0.00000088฿ + 3 Coinpot Tokens.
A 3 satoshi BitFun roll (if you make a roll three minutes later) adds 0.00000001฿ to your Bitcoin Core Balance …+ 3 Coinpot Tokens.

Calculate how many BitFun claims alone would it take you to “farm” 100 Tokens (we will mainly refer to CTs by the 100s for simplicity).

HISTORICAL NOTE“Are the tokens related to a future ICO”, we asked ourselves as we first saw the Token logo? Coinpot administration is notoriously secretive about its intentions, plans and innovations…
No, Coinpot has not publicly announced an ICO. Does that put a cross on an ICO happening? “Never say never”.

b. So… What is a Coinpot Token?

“Coinpot Token” is much more than a merely fancy name for a “Reward Point”, like that offered by Freebitco.in (which we we recently dedicated an article to).

READ: Freebitco.in: TRIPLE (3x) Reward Points Promo: 37 Hours Left. Edition Includes a Complimentary “How to Register an Account on Freebitco.in” Guide and a Reward Points How-To

Both bonus systems are great. FBC’s Reward Points are exactly what their name stands for: you are rewarded for your loyalty to FBC by points per hourly roll. Save enough, redeem them for, say, the latest iPhone or a Samsung model.

Allow us the liberty to define Coinpot Tokens as the multi-currency wallet’s value-exchange system’s units. FBC’s Reward Points are barely affected by the state of the cryptocurrency market.

CT’s are. However, since Coinpot Tokens are not directly available (ed: in their original  Token form) publicly, are not (yet?) traded on an external cryptocurrency exchange and can be accessed and/used directly only via Coinpot.co, they can be mined (wtf sic!) and on the wallet’s dashboard, Coinpot Token balance looks like just like, say DASH, balance. How much does an average microwallet user know about DASH, its history, investment potential, differences and similarities in comparison to other coins? How much does an average mictowallet user know about the investment potential of Coinpot Token, its value, worth, price, whether to HODL or sell? Is it safe to sat that the potential for new users’ confusion is understandable?..
coinpot token dash coinpot token value coinpot token price coinpot token sellhow much dollars coinpot token how to sell coinpot token for fiat fiat coinpot token what is coinpot token

c. Important: Cryptocurrency Games of Chance, Lotteries, Dice…

If you think Coinpot has granted users a free bonus which you can use for gambling, instead of withdrawing your earnings to test your luck elsewhere, you are technically right. A typical cryptocurrency faucet’s “innovation” is aimed at  keeping the funds within the faucets (away from your personal wallets), under any “for your own good” excuse (Cointiply’s farce of a “Premium Account” is a prime example).

Some offer of a wat to “multiply your earnings” is just a classic. Keep in mind what you came to the faucet for: making a few coins. Learn about cryptocurrency. Whatever it is, we would recommend following the simple rules.

* Payout (money earned from fauceting): good.
* No payout (postponed payout, delayed payout): bad.
* No payout because of your choice to test your luck/purchase a useless trinket… Your choice.

Remember that you can either play some hi-lo game or take part in some “probably fair” faucet lottery, lose and, – congratulations! – your time, activity, efforts, hopes and aspirations represent free money for the faucet owner.

WARNING: Unless you are totally confident you have knowledge of a guaranteed winning system, proven itself over and over, we believe that spending currency earned on a faucet internally is one of the top-5 fuck-ups mistakes a faucet user can commit, – should you fail to win, especially before making a single claim…

We do not endorse gambling, however if that is your interest anyway and you play responsibly, consider doing so at a specialised website.

Here’s why:

A faucet which offers some gambling options is reviewed as a faucet, classified as a faucet, SEO’d as a faucet. Everything else is a side-biz. An online crypto casino’s main business is Bitcoin/Dogecoin/Whatevercoin Roulettes, Dice, etc.

cryptocurrency casino crypto casino free crypto casino
Disclaimer: We are not promoting Luckygames, we are mentioning the multi-currency online casino because there is no deposit required, it features a faucet for its internal currency which can be used to win real prizes and it is currently under DMYF review. The review will be honest and unbiased; as to why we are referencing it, – simply because we only refer to resources we have tested out first-hand.

cryptocasino no deposit
If the “dice are loaded”, even if the casino’s website has an in-built faucet (like Lucky games), if the users lose too often and win too little, they will bring the website’s ratings down. Hypothetically, if the roulette spins red 20 times in a row as soon as your winnings exceed a certain amount…

Remember the “no such thing as bad press” expression? Or something like “the only thing worse than… …is not being spoken about”?  Bad press which leads to a decline in the amount of visitors, resulting in lower revenues and companies all-of-a-sudden having to pay money to search engines to stay afloat? That hurts them more than your vicious Trustpilot one-star fatality, three-post-long thread on Bitcointalk, or even than a negative review on an up-and-coming  boutique independent media resource such as DMYF (aka or a wtf-is-this-design can’t-even-afford-a-domain wordpress-hosted blog-about-some-shit-noone-cares-about)!

d. Back to CT: Coinpot Token’s Value: Currency Conversion

coinpot token price today

Disclaimer:
*exchange rates are not fixed and are subject to change, often multiple times a day.

*Coinpot.co charges 0% conversion does not charge a commission for currency conversion, full stop. We only wish…
*Conversion is instant (how important that is is a question one must answer himself).

For the purposes of multi-part in-depth review we decided to compare the exchange rates over the course of few days/weeks. The snapshot of the figures below has been taken early last weekend. The rates will “catch up” in the following articles.

Having a feel-good stare at a multi-thousand Coinpot Token balance is nice and cozy. However, should one need immediate access to funds, for whatever reason, a natural question is: what can I get for my Tokens now? What is the Coinpot Token’s actual value today

NOTE: The asset’s liquidity should always be taken into consideration. Within hours, even a thousand or two Coinpot Tokens can be in any wallet their holder wishes them to be, performing whichever function their holder wishes them to perform.

Downsides? Potential for impulsive decision-making leading to erroneous choices, “quick” usually means “expensive” etc.
Upsides? Opportunities too good to miss, premonitions, etc.

Should you have chosen to think of your Coinpot Tokens’ current value…

…in Bitcoin: CT to BTC conversion rate was 0.0000000135. 100 Coinpot Tokens converted to 0.00000135฿.
…in Bitcoin Cash: CT to BCH conversion rate: was 0.0000001380. 100 Coinpot Tokens converted to 0.00001380 BCH.
…in Dogecoin CT to DOGE conversion rate was 0.0341752587. 100 Coinpot Tokens converted to 3.41933771 Dogecoin. (!!!)
…in Litecoin. CT to LTC conversion rate was 0.0000012920. The LTC value of 100 CT would be 0.00012928 Litoshi.
…in DASH. CT to DASH conversion rate: was 0.0000004724. 100 Coinpot Tokens could have been converted to  0.0000004724 Duffs.

Ignoring the highlighted Doge, what would you convert your 100 Tokens to, given the exchange rates?..

e. Now, the fun part: What is a Coinpot Token worth in fiat (USD, EUR, GBP)?

We believe we discussed the difference between “price”, “value”, “marker value”, “perceived value”, “potential value”, the factors such as consumer trust ratings, liquidity, predictability and real-life utility in relation to the Token in the past.

READ: Coinpot Token Price – What is a Coinpot Token Worth?

If we have not, please comment and let us know.
If we have missed something, please comment and let us know.
If you spot a mistake/typo, factual error, please comment and let us know.
If you have a Nobel Prize for Economics, please comment and let us know, – we would like to ask for your autograph. And ask a question or two (hundreds).

In a nutshell, a Coinpot Token’s actual worth is determined not only by a supply and demand, the quality of both supply and demand, but also by such trivialities as the future of Coinpot, the perceived future of Coinpot, whether any future plans  exist, conversion rates, liquidity and performance of all five currencies featured on Coinpot, transaction time, fluid things such as market sentiment, state of cryptocurrency market at present, etc. News, fake news, interpretation of news, degree of stupidity of CNBC those reporting the news… You name it.

I. e. Some second rate random exchange no one ever heard or cared about gets hacked, millions of some random crypto no one ever cared about get stolen, this hits the news?.. Bad. Some crypto is still traded on Binance while its creators are already in handcuffs for fraud?.. (this is why DMYF hates cryptocurrency scammers with a passion). Bad. Public fails to realise that Google’s “ban” on advertising ICO’s is good? Bad. 

In any case.

I. e. you purchase X Satoshi for Y Coinpot Tokens today. Yet, a little bird reliable market indicator signals that whereas TODAY one Bitcoin could be both purchased  and sold on a variety of an open markets, taking into consideration all possible fees for circa $6678 USD, tomorrow the BTC/USD pair will trade at around $8500.
Question: if you can somehow quantify the statistical probability of the price hike, how does that affect an estimate of what a Coinpot Token is worth relative to fiat* TODAY?

The question is hypothetical.

What is a Coinpot Token worth in fiat? Do the array of calculations of selling the Tokens, withdrawing the crypto of your choice, selling it for fiat, fees, fees, fees.

What a Coinpot Token’s price in fiat is also heavily determined by having a plan; not only what is the best crypto to convert the Token to and the most expensive to sell for.

That, and more will be covered in the next part of our Coinpot-related set of articles.

Have a great weekend!