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Messages - upyem2k
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« on: July 09, 2020, 02:18:01 PM »
I doubt if the Facebook libra will affect bitcoin in anyway if finally launched. We've seen series of predictions in favour of ethereum against bitcoin in the past four years and ethereum is not at all seeming closing up to bitcoin in term of every gazette.
Bitcoin has gotten established to be the price regulator of every other cryptos as a rise in the price of bitcoin brings their price up and the fall in the price brings other's prices down.
3
« on: July 09, 2020, 02:13:16 PM »
I hope this is real. We have not been hearing much about this form sometimes now until lately. And series of project are springing up that we don't know if they are actually related to libra.
I can say of Uplibra and Libra Dragon Token.
4
« on: June 25, 2020, 09:33:06 AM »
Scammers are taking new dimensions of scams to dupe the cryptocurrencies investors, most especially the newbies. One of the method they recently employ is giveaway of the well known cryptocurrencies. They use the name of well known and rich cryptocurrency investors and require you to first send a certain amount to receive multiple folds of the amount you send. They are scammers.
ONE of such is the acclaimed ongoing Elon Musk and Tesla giveaway. They're not involved in it. The scammers are just using their names to scam the unsuspecting newbies.
5
« on: June 24, 2020, 11:00:51 PM »
Just like everyone had suggested bounty detective group, they are actually great but it is better you develop and equip yourself with the knowledge needed to be able to identify a good project bounty to join.
6
« on: June 15, 2020, 12:09:00 AM »
- I just don't understand it when people say Libra will affect bitcoin. How. They were saying the same thing about ethereum in 2017 but here we are 3 years after. Bitcoin is worth about 12 or 13 ethereum
7
« on: September 17, 2018, 03:28:51 PM »
Yes. And the volatility can catch up with one too leaving one into brokenness never planned for. One will have to study the market to buy during the bear market period and also know d right time to sell in order to maximize one's earning in multiple folds.
8
« on: September 17, 2018, 03:22:34 PM »
I think many of those who left their jobs for cryptocurrency trading saw a certain potential that others do not see. Yes cryptocurrency trading is volatile but it can also turn ones future into positivity if necessary measures are followed.
Many people do not even have jobs but they use cryptocurrency trading as a means of earning to make their ends meet. To me, deciding to leave ones job for one thing or the other is base on personal opinions.
9
« on: September 17, 2018, 03:17:33 PM »
It’s easy to think that everyone is getting rich investing in cryptocurrencies. This mindset leads many traders to fear missing out on the next big altcoin offering or the next leg up in bitcoin . Many scammers take advantage of traders' greed with dubious products and services in the cryptocurrency world.
FAKE ICOs
Some dubious individuals conduct fake ICOs to scam potential cryptocurrency investors who wish to take advantages of initial offering. They make everything about their idea perfect and enticing.
They over emphasize their reward telling you you can make excessive folds of your investment within a short while. They even provide a whitepaper and road map that appear appealing. They use fake pictures of known people as their team members without their consent to make their projects appear real.
The way out of this is to conduct research on the authenticity of such project, research the acclaimed team members to be certain that they are real and also make yourself acquainted with their social media community for you to get more facts concerning the authenticity of the project.
Check there contact wallet to see how truthful they are about their acclaimed raised funds.
Reading the whitepaper and asking constructive questions on it can also be of help.
CONDUCT OF FAKE AIRDROP
This is very common in the nowadays cryptocurrency community. Fraudster now pose as bounty and airdrop managers for some successful or newly listed projects. They do this in target of their potential participants wallets' private key. They tell the participants to input their wallet private keys for verification of the wallet to claim an airdrop or bounty earnings.
The way out of this is to avoid any project that requires their wallets' private keys. They are mostly way of scamming you of your stored assets
POSING AS A PROJECT ADMINISTRATIR
Many fraudsters pose on the social media communities of some project as the administrator most especially on telegram. They contact you and ask you if you need an help as regards investment in the projects. They later offer to help you with a huge bonus if you invest through a special contract wallet which purportedly belong to them.
The way out of this is to check to see if we both share the same groups, open up their profile pictures to check what other pictures they've uploaded. Now opening their pictures/avatar not only show if they have history of switching identities - which scammers do - but also the camera resolution of their phone. The only way that will happen is if someone copied the picture from another source.
Ensure that you ignore anyone who claims to be admin with all those suspicions.
You should also ask about whatever any admin offers you in PM in the official telegram group before forging ahead with such
I hope this will help the newbie with safe operation in the cryptocurrency community to a certain extent.
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