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THE BLINDSPOT: THE TRUTH IN CRYPTO-SCAMS.

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“A truly successful lie must start with a grain of truth.” “Lies cannot exist without truth; the truth isn't dependent on lies.” Formats used in crypto-scams are based on truth values. I did a review on some scam tricks pulled by these tricksters and found out that every format they use is based on real hustle or businesses. Truly there are miners, truly, there are managers, cloud mining firms, faucets apps, etc, that are genuine. Now these scammers pretend to be one of these genuine businesses(truth value), and promises a very large unusual profit over a short course(lie). Now many people who are covetous, having seeing the warnings and signs still patronise these scammers(blindspot). As I made it known in my earlier posts. Any offer too good to be true, any body trying to get your private keys, is a scammer. Always strive to locate the blindspot in every online contract or deal. It is common for scammers to pretend to be real. Some of them may even provide documents

If “bitcoin whales” are responsible for the sudden drop in the price of bitcoin. What are bitcoin whales?

If you trade bitcoins or altcoins, you’ve probably heard the term “whale” before as the name is used to describe big cryptocurrency holders. The term is used this way because whales are the biggest creatures in the ocean and they can overpower smaller fish with their large size. Bitcoin whales are looked at similarly because their extensive holdings can affect large schools of smaller traders with just a few successful trading methods. Additionally the smaller the market and less liquidity means whales can devastate smaller altcoin markets way more easily than bitcoin. We also assume that Satoshi Nakamoto may be the biggest whale of all as the creator allegedly owns 1 million bitcoins.

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