The markets continue to push up with Ethereum, Ripple, Bitcoin cash and EOS taking the lead. 2 Pyramid scheme operators were sentenced in South Korea for scamming 20M.
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I'm not a professional financial advisor and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
Moon time :)
its mooning again :D
I like the Bull run we are having right now, slowly and steadily. I don't like vertical lines, because a vertical line often leads to a dump.
Hi Mikel!
Thanks as always for your Daily updates. Really appreciate it.
The gains today were really huge. I would really love it if it would continue for some days like that. 😅 But of course nobody knows if we go up or down and to be honest I really do not care so much it is just nice to see that such gains are still possible after the last few red months/weeks.
As for pyramid schemes if it sounds too good to be true it usually is.
Thanks Michael! It's got to be more fun to make the videos when the market is up, nice job :)
Pyramid system
A very impressive economic system that everyone is responsible for
Really a very special article
High quality video
Good post
Thanks for this cryptic urgency news update providing....I appreciate your post.keep it up my friend.
there have no excuse that bitcoin become at great position that seeem a great value and show a great future.
having no dout to run a great market update,really graet analysis. thanks for crypto
thanks for crypto based post and great crypto analysis
Your information is Crypto Markets Rally! Pyramid scheme operators sentenced ,,and also right The markets continue to push up with Ethereum, Ripple, Bitcoin cash and EOS taking the lead thanks for share with us
Resteem done
These pyramid schemes are not new and only in the Crypto space. Traditional Financial markets have been victim to these as well as the best known recently was Bernie Madoff who actually was on various oversight and conpliance boards as he ran the pyramid scheme. Most have the same characteristics as they “guarantee” outperformance due to “proprietary technology”. Those words should be red flags for an investor in any asset class. Do you homework and don’t rush in because of hype.
Remember the blockchain is decentralized, and any project can quickly turn into a scam and disappear with the investor's money. That is much similar to EthPyramid. Most of the platform's aspects are still unknown or plain anonymous.
Additionally, the platform also works on a much similar scheme as a fraud waiting to happen. The platform intends to rely on the users inviting or referring more users for the token price and sale to go up. Such a scenario works in mostly fraudulent investment schemes, where they get many investors on board then they disappear with their money.
Quite a mix bag of news but market sentiment is up I'm guessing most people have paid there taxes now and looking to reinvest also there is the porn angle ;) with pornhub accepting payments in Verge
Nice post
i like it very much
thanks for sharing
No matter how much fluctuation there is in the entire cryptocurrency market, I am absolutely sure that cryptocurrencies will be the norm for "everyday" people in a not so far away future. Bitcoin might be the core currency, but only take a look at how rapidly blockchains are spreading now. Steemit, Manna, Onstellar, EOS, Bettex, Sancoy, the Abyss, only to name a few. I see all of them in the value of hundreds eventually ;)