Buying Cryptocurrency, Coins, Editor's Choice, Faucet News, Giveaway, Guide, Markets, News, Signals, Tokens, Trends

Coinpot Tokens’s Price Today vs. One Week Ago

coinpottokenpricetoday

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

As Bitcoin Falls as low as 6094.47 USD, and in light of our in-depth analysis based on last week’s data, more so are we interested in Coinpot Token’s Value, Worth and Price.

Conversion: Coinpot Token to:..

Bitcoin Core at the exchange rate of 0.0000000160: 100 Coinpot Tokens would buy us 0.00000160 BTC. (a week ago – 0.00000135฿.)
Bitcoin Cash at the exchange rate of 0.0000001778: 100 Coinpot Tokens would buy us 0.00001778 BCH. (a week ago – 0.00001380 BCH)
Dogecoin: at the exchange rate of 0.0413776707: 100 Coinpot Tokens would buy us 4.13776707 DOGE. (a week ago – 3.41933771 DOGE)
Litecoin: at the exchange rate of 0.0000017325: 100 Coinpot Tokens would buy us 0.00017323 LTC. (a week ago – 0.00012928)
DASH: at the exchange rate of 0.0000005927: 100 Coinpot Tokens would buy us 0.00005927 Duffs (a week ago – 0.0000004724)

We do not believe we need to comment upon the difference in value of an asset, the acquisition of which is automatic.

If you are thinking “fiat”…

Have a plan. Consider low fees: Changelly and EXMO. While EXMO is an exchange, with all its pros and cons, Changelly is good even as a source of information as to how much fiat your Coinpot Token balance is worth.

changely

We will, however, mention that Changelly is an excellent exchange service with a \ transaction fee. A wallet-to-wallet direct exchange will convert anything and everything into fiat.

EXMO is an established cryptocurrency exchange with 0% deposit fees for all five Coinpot currencies.

P. S. By no means are we recommending making any financial decisions. Please contact your financial advisor regarding such matters; DMYF is a portal dedicated to entertainment and education.

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!

Bugs, Buying Cryptocurrency, Editor's Choice, Featured, Markets, Tokens

Coinexchange.io… Scam or…

…not? No, it is not a scam. Albeit, as exchanges go, Coinexchange is rather on the “shady” side of the spectrum. I.e. It is unclear as to where the company is located geographically; the only clues regarding its possible location are left by the terrible English in which the website communicates its purpose with the audience, as well as by interactions with “support” that can sometimes come across as blatantly rude.

coinexchangeThat aside, the exchange does what it is meant to do: offers trading pairs of cryptocurrencies, some of which  are often only found on Coinexchange, – hence the attention.

The minimum single trade requirements are dirt-low, so if one ever feels like “diversifying”, – 5 DOGE can get you a whole (small) basket of (s)hitcoins, some of which actually might thereafter deserve a second look. The price of some conveniently jumps from 1 satoshi to 2 satoshi and back.

While coins’/tokens’ wallets often “unpredictably” go to “maintenance” mode, it is nonetheless possible to buy cheap at Coinexchange and sell at a higher price or for a different currency on a bigger altcoin-oriented exchange (i. e. BleuTrade or YoBit). Or doing so repeatedly. The chart below is pretty much self-explanatory in that regard.

zeitcoin price

And yes, deposits, withdrawals and trades work so no, Coinexchange is not a scam  (despite the fact that typing “coinexchange” in Google keeps coming up with multiple “scam or not” results on the first page)…

coinexchange scam

Or, at least, not a scam at the moment and as far as we can tell.

Of course, storing your cryptocurrencies on the wallets offered by the exchange is extremely risky, but same applies to literally any online storage option. If anything, should the self-proclaimed “pillar” of the crypto market vanish overnight as suddenly as it appeared, taking your hard-earned 5 DOGE and some Angelamerkelcoin change along with it, it will be a less painful way to learn from one’s mistakes than if the same would happen with Binance.

As for casual, fun trading, some interesting altcoin pairs, a straightforward and lightweight interface, quick deposits and withdrawals and opportunistic ways of multiplying your microearnings, CoinExchange is not a bad educational destination.

Register on Coinexchange.io

P. S. A detailed review of Coinexchange is work-in-progress.

P. P. S. Looking for more exchanges offering even more DOGE pairs? Check out YoBit and Bleutrade, however keep in mind the minimum-10-DOGEcoin+ individual trade rules.

NOTE: All information provided on the website is offered only for entertainment purposes and should not be regarded as investment or trading advice.

Airdrops, Buying Cryptocurrency, Funny, Markets, News, Signals, Tokens, Trends

AELF (ELF): green light!

We have published an article about adding some free ELF tokens from the Azeroth II Airdrop (still loving the name) to your portfolio (or, rather, becoming part of the complex multilayer bounty system) yesterday.

Screen Shot 2018-03-24 at 00.25.41

…which had an immediate effect on the token’s market price! (jk, ofc)

aelf price change one day

https://coinmarketcap.com/currencies/aelf/

🙂

Subscribe, follow and stay tuned!

Quick links: 

Register to start earning some free ELF 

The ERC20 token is traded on Binance, Gate.io and many others exchanges.

Register on Gate.io, a Florida-based exchange using our unique link to get 10% off your trade fees for a year

aelf price 24th march

Coins, Markets, News, Signals, Trends

Litecoin

Litecoin-price-today-LitePay-can-be-a-accelerator-for-the-LTC-price-LTCUSD-News-Analysis

How diverse should one’s investment portfolio be is a subject to debate, however Litecoin’s recent performance, innovations and upcoming news altogether form a persuasive argument for choosing “Bitcoin’s younger brother” amongst the top-10 cryptocurrencies on the market today.

Read more: 

https://ethereumworldnews.com/litecoin-price-analysis-can-ltc-usd-continue-higher/

C-CEX is currently operating on the invitation-only basis, while CoinExchange offers an impressive selection of Litecoin-altcoin pairs.

coinexchange litecoin altcoins

The market’s LTC withdrawal fee is high (0.01 LTC), however circumventing withdrawal fees is hardly rocket science.

Register at CoinExchange.io

Get some free Litoshi on MoonLite faucet

DISCLAIMER: Do not regard any information presented on our website as investment or trading advice.

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!”