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Showing posts with label coin trading. Show all posts
Showing posts with label coin trading. Show all posts

Wednesday, January 10, 2018

Cryptocurrency Scams Exist - So Be Careful Out There And Beware Eh?

The cryptocurrency market is growing each day.  New participants are entering the market and new opportunities arise constantly - whether it is in the form of day trading coins, participating in ICOs, buying tokens in a coin trading fund, participating in coin lotteries, etc.

With this in mind, the number of tricks and scams on the market also grows.  Hackers, liars, frauds, thieves, fake ICO whitepapers, pump and dump ICO schemes, and so forth seem to pop up from time to time.  The idea is to steal or defraud you of your hard earned money or coins, and whisk everything away somewhere anonymously.  I have found an interesting news group (www.cryptocoin.news) that covers this topic relatively well from an industry perspective: https://cryptocoin.news/category/news/scams/

I would recommend folks to use this resource (among others they also are using) for daily updates on what is happening in the dark corners of cryptocurrencies, so you can stay informed about different tricks and current scamming trends.  There is enough risk already in the market from price and liquidity volatility, regulatory and market questions, etc.  You don't need some jerks adding to that by stealing your property or defrauding you.

Where there is large money there are large opportunities but this likewise attracts criminals and the criminally minded types.  Be knowledgeable and be safe out there, cheers.

Monday, January 8, 2018

2017's Most Influential People in Blockchain

With the rising interest in cryptocurrencies and blockchain generally, and the daily value growth/fluctiation for coins, ICOs and their related contract applications, this is a really hot topic indeed.

Here is Coindesk's list of the most influential people in blockchain for 2017 - these people were prime movers and the shakers  in very moving and shaking industry!  Congratulations to the ones on this list and all the others who are helping to drive this industry forward.

https://www.coindesk.com/category/most-influential-2017/