Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.

Bitcoin trading reddit


Finland’s customs department, tulli, has decided to sell nearly 2,000 bitcoins valued at around $76 million.

Top forex bonus list


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.

The bitcoin stash was seized by local authorities in 2016 in connection to darknet drug-trafficking investigations. Four years after, the seized asset is now worth more than 100 times. Although tulli had plans to sell the bitcoins in 2018, authorities were worried that the bitcoin would find its way back into criminal hands. Whilst this is still a possibility, the agen… shark tank star mark cuban in a series of recent tweets compared the crypto market to the dot-com bubble of the late 1990s. According to the dallas mavericks owner, many people will get their hands burnt investing in cryptocurrencies. On the flip side, many people will also make their fortune. He however advised investors to “learn how to hedge” in order not to end up on the losing side. Along the way MANY fortunes will be made and LOST and we find out who has the stomach to…


Learn more about bitcoin reddit trading (guide)


You can get up to speed in the crypto world with bitcoin reddit trading information. Reddit is one of the best places to look for information about anything, including bitcoin. There are loads of users who will share their information with you for free.


Anyone who is just starting out in the world of bitcoin and other cryptos should take time to learn more about all the options that are out there.


R/bitcoin is one of the most popular groups on reddit, and there are loads of other groups for different aspects of cryptocurrency. If you want to learn more about how to trade bitcoin, reddit is a great place to start.


Unlike many online information portals, the views on reddit are rarely paid for, and you will get honest answers from people who have been into cryptos for a long time. Bitcoin was rarely reported on prior to 2017, but it has actually been around since 2009.


Take advantage of all the information on reddit. Get your crypto knowledge up to speed before you start making moves with real money. Trading any asset can be a risky venture, and you need to be as prepared as possible before you start!


Share this


Just contact us if you have any questions admin@btcpeers.Com


Other recent news


Crypto might be a bubble but bitcoin and ethereum will likely survive


Shark tank star mark cuban in a series of recent tweets compared the crypto market to the dot-com bubble of the late 1990s. According to the dallas mavericks owner, many people will get their hands burnt investing in cryptocurrencies. On the flip side, many people will also make their fortune. He however advised investors to “learn how to hedge” in order not to end up on the losing side. Along the way MANY fortunes will be made and LOST and we find out who has the stomach to…


Buy the dip, bitcoin whales are out to play


It is classic investment advice – “buy the dip and sell the high.” following its run-up to a new all-time high of $42,000, bitcoin’s price sharply fell to a low around $32,000 on monday. Sadly, while “weak hands” and retails investors are panic selling, bitcoin whales are actively buying. According to a recent analysis, high-value investors, aka bitcoin whales, are relentlessly buying the dip, despite the carnage. Bitcoin addresses with more than 1,000 BTC have continued to r…



Responding to tweets from elon musk and ben mezrich about payments in bitcoin, vocal bitcoin critic peter schiff has said that getting paid in bitcoin “makes no sense.” mezrich, the author of “the accidental billionaires” and “bitcoin billionaires” had on friday tweeted that he was “never turning down getting paid in bitcoin again.” tesla’s CEO and the world’s richest man, musk, agreed with mezrich. By sunday, schiff was ready with a reply. He had a contrary opinion. For schi…


Adoption or FOMO? Bar owner offers to sell two outlets for bitcoin


Patrick hughes, a new york city businessman has opted to sell two of his bars for either bitcoin or ethereum. The two adjoining bars (hellcat annie’s and scruffy duffy’s) are located in hell’s kitchen and have been put up for sale for either 25 bitcoin or 800 ether. With bitcoin falling to around $30,500 both bars would be worth about $760,000. It is interesting to note that when hughes placed the sign to sell in front of his bar, bitcoin was trading in the $40k range, and he…


Robo advisor: A new invention in the crypto world


The effects of AI can be seen in almost every domain nowadays. Then how could the crypto world be left behind? The technology is entering into this industry in the form of a robo advisor. Robo advisors, in general, are automated and algorithm-based tools that can help a person manage their investments. These advisors take both the market conditions and user requirements into consideration before providing the suggestions for investments in certain assets. However, this conc…


What is the best cryptocurrency to invest in 2021?


Wondering what is the best cryptocurrency to invest in 2021? In this analytical guide, we have tried to elaborate on, which is the best currency to invest in 2021? In 2009 bitcoin was launched by satoshi nakamoto, a pseudonym for which it is still unknown whether it is an individual or a group of people, who decided to implement their idea and launch it online through a white paper called "bitcoin: A peer-to -peer electronic cash system ". It is 2009 that marks the beginning…


Crypto community fights back, opposes fincen’s plan to track crypto transactions


There has been a lot of chatter around the proposed rule from the financial crimes enforcement network (fincen) to track crypto transactions. In response to the proposed regulations, cryptocurrency supporters have stepped forward in massive numbers to oppose the rule. Fincen gave a 15-day window for the public to respond to its plan. This is shorter than the 60 days that are usually allotted. However, despite the short window, over 65,000 comments were submitted to the divisi…


Finland finally settles to sell $76 million worth of seized bitcoin


Finland’s customs department, tulli, has decided to sell nearly 2,000 bitcoins valued at around $76 million. The bitcoin stash was seized by local authorities in 2016 in connection to darknet drug-trafficking investigations. Four years after, the seized asset is now worth more than 100 times. Although tulli had plans to sell the bitcoins in 2018, authorities were worried that the bitcoin would find its way back into criminal hands. Whilst this is still a possibility, the agen…


All content copyright BTC PEERS © 2017 — 2021 • all rights reserved.



Redditor makes over $24k in bitcoin by trolling r/cryptocurrency


A prolific reddit poster swapped his moon tokens for bitcoin. That bitcoin is now worth over $24k. Here’s how it happened.


In brief



  • Reddit awards moon tokens to users who write popular posts.

  • The tokens can be exchanged for cash via a long and complex process.

  • One redditor told users how he turned all his moons into over $24,000-worth of bitcoin from “memes and shitposting.”


An experienced investor has told reddit that he turned his moon tokens into bitcoin to reap serious rewards—all from “memes and shitposting.”


The 31-year-old reddit user, cryptorich13, who claims to hold over $150,000 in bitcoin, said in a post yesterday that he sold the moons he earned for bitcoin. Thanks to the surging price of bitcoin, his earnings from posting on reddit now equal over $24,000.


Reddit moons, launched earlier this year, are ERC-20 tokens awarded to those who contribute to the r/cryptocurrency section of the social media site. They run on a test version of ethereum, called rinkeby.


When a user writes a post others like, they upvote it. The more posts get upvoted, the more moons users receive. Redditors can use moons to add weight to votes in polls on the platform or tip other users.


Cryptorich13 claims his posts are so popular, he earned over 80,000 moons since 2017. His posts include anything from ruthless investment advice (“family, friends, loved ones should be put on the backburner this year”) to funny bitcoin memes .


Moons were only usable within the test version of ethereum until july, after developer austin griffith created a way to move the tokens from one blockchain to another.


It’s a tad complicated but the gist of it is this: by using the metamask wallet, you can send the moons to an exchange created by griffith—the xmoon exchange . From there, the moons will be on the xdai blockchain, a different version of the stablecoin DAI’s blockchain.


When moons have moved to the xdai blockchain, they become xmoons. When a user has those, they can swap them on the decentralized exchange, honeyswap, for other tokens—such as DAI or MKR—which can then be sold for cash via another exchange.


Cryptorich13 said in his post that he sold them and used the cash he earned to re-invest in bitcoin. “I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using xdai and honeyswap and immediately bought BTC with it (0.92 BTC to be exact),” he wrote.


“I have literally made $24k from memes and shitposting.”


Cryptorich13 added that the price of bitcoin has since gone up since he wrote the post. At the time of writing, 0.92 bitcoin was worth $24,561.


His post attracted a lot of comments, with one user, salil19, writing: “0.9 btc is crazy to get for shitposting.”


Another, hashmoose, commented: “as a moon hodler it almost hurts me to upvote this.”


So now you know: get shitposting, redditors.



Beware this ‘celebrity’ bitcoin scam


Losses of up to £200,000 are being reported by victims of a sophisticated global investment fraud


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Share this page


Criminals are exploiting trusted global websites to post fake celebrity endorsements for cryptocurrency, in one of the most prolific internet scams which? Has seen.


Victims of a prolific bitcoin scam are reporting individual losses of up to £200,000 after following links on AOL, MSN, yahoo and facebook.


Which? Has spoken to dozens of people who’ve encountered the scam – which falsely claims celebrities have backed a bitcoin investment scheme – while browsing legitimate sites.


In many cases, the fake advertorials are convincingly designed to look like pages from the BBC or mirror websites.


Read on to find out how the scam works, how to avoid falling for it, and why which? Is calling time on legitimate sites hosting dodgy links.



Celebrity ‘endorsements’ used to ensnare investors


Celebrities used in these fake advertorials include deborah meaden and peter jones from dragon’s den, ant mcpartlin of presenting duo ant and dec, billionaire businessmen lord sugar, sir philip green and sir james dyson, presenters simon cowell and holly willoughby, and former love island contestant charlie brake.

Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


To be clear, none of these celebrities are responsible for the fraud, but their images and reputations are being ruthlessly abused by organised scammers.


We’ve found countless variations of the scam still live at least three years after it first surfaced, but most of them proceed in a similar way.


How the scam unfolds


Imagine you’re browsing AOL.Co.Uk. On the sidebar you spot a picture of dragons’ den star deborah meaden, with a black eye.


There’s nothing obvious to suggest it’s an advert – it looks like an image from a legitimate news story.


Clicking on it takes you to a news story on a third-party page, which seems like a respectable news site for investors. It describes how meaden and her fellow dragons were impressed with a bitcoin investment scheme on an episode of the show.


The strange photo of meaden’s black eye is forgotten as you read how the dragons chose to invest and reaped the financial rewards. At the bottom of the page is a web form where you can express interest in joining the investment scheme.


Heeding the warnings that the scheme will soon close to new investors, you submit your name, email address and phone number.

Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


The buy-in


A short while later, you receive a phone call from your ‘investment manager’. She or he encourages you to make a surprisingly modest initial investment to purchase £250 worth of bitcoin.


By email you receive a link and login details to the ‘trading platform’ where your bitcoins are being held. Over the coming weeks the value of your bitcoin holdings appears to increase, and your investment manager calls you frequently, encouraging you to buy more.


When you refuse to pay anything further and mention that you’re thinking of cashing out, your investment manager releases £40 to your bank account so you can ‘enjoy the profits’. Reassured, you carry on investing.


Months later, you’ve sunk £5,000 into the scheme – although your bitcoins are valued at £50,000 on the trading platform.


Now you decide it’s time to enjoy your returns, so your manager directs you to deposit their commission – a further £5,000 – into a bank account and await a phone call releasing your funds.


This was the appalling experience of one which? Reader, who has asked to remain anonymous.


The scale of the problem


We’ve obtained exclusive data from police fraud reporting centre action fraud, which shows the huge scale of the problem.


There were 1,560 cases of cryptocurrency investment frauds reported in the first six months of 2019 alone. In the same period, there were 212 reports of investment fraud where celebrity endorsement was specifically cited by the victim as an enabler of the scam.


Action fraud is a self-reporting tool now no longer used in scotland, so it’s likely that these alarming figures are in fact underrepresenting the scale of the problem.


What is bitcoin?


Bitcoin is a cryptocurrency – a form of digital money which can be bought with other currencies, traded for them and (where retailers accept it) used to buy goods and services. Cryptocurrencies such as bitcoin run on a technology called blockchain – essentially a huge online database of transactions.


Blockchain’s great strength is that it’s considered unhackable. This is because rather than transactions being recorded on a traditional centralised database which someone could manipulate, they’re recorded and updated in many locations simultaneously.


Bitcoin is far from the only cryptocurrency to be targeted by scammers. In july 2018, we explored the sometimes murky world of ‘initial coin offerings’. Unlike bitcoin, which has achieved some respectability and is accepted by some retailers, there is no guarantee that investors will be able to spend these newly established cryptocurrencies anywhere.


How to stay safe


This scam proceeds along classic psychological principles – appealing to authority (using celebrities and trusted sites), starting out with small demands (£250) before gradually escalating and releasing a nominal sum to trick you into thinking you can get the rest.


All the traditional investment advice applies. Be extremely sceptical of grandiose claims, and seek advice from a financial adviser registered by the financial conduct authority if you’re not sure about something.


Novice investors should consider traditional investments first and aim to build wealth gradually through a diversified portfolio.


The websites respond


We’re extremely concerned to hear reports of legitimate websites serving up scam adverts – some of them in recent weeks – and we put our allegations to them.


A facebook spokesperson said: ‘we don’t tolerate fraud on our platform, which is why we’re taking action to stop scams wherever they appear. We have donated £3m to citizens advice to deliver a new UK scam action programme, and we have created a new scam ads reporting tool on facebook in the UK, supported by a dedicated internal operations team.


‘if people see something on facebook they think is a scam, we urge them to report it by clicking on the top right of any ad they see.’


A microsoft spokesperson explained that ‘the issue of “ad cloaking” is a challenge across the online advertising industry’ and that microsoft is ‘working…to address the techniques scammers use and detect, block and remove advertisements more effectively.


In the meantime, we urge customers to remain vigilant and only engage with brands they trust and recognise.’


A spokesperson for verizon media, the parent company of AOL and yahoo, told us: ‘deceptive and misleading ads are not acceptable, and we expect our partners to comply with all laws, regulations and our policies.


‘we will take action to block ads in violation of our policies, as well as bad actors who work to circumvent our human and automated controls.


‘we have a new, simplified adfeedback reporting tool for our users to identify anything they believe to be “misleading or a scam” through a simple thumbs up, thumbs-down icon on ads served through our platforms that is rolling out now. Our teams will remove any ads identified and confirmed as such.’



  • The full investigation appeared in the december issue of which? Money magazine. You can try which? Money today for just £1 to have our impartial, jargon-free insight delivered to your door every month.




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  • Bitcoin (BTC): the largest cryptocurrency by market cap, considered to be the first wide-scale implementation of blockchain technology.

  • XRP by ripple labs (XRP): this popular cryptocurrency enables real-time payments with greater transaction speeds and lower costs, and is already in use by many well-known brands.

  • Ethereum (ETHEREUM): this leading cryptocurrency has received international recognition from technology giants such as microsoft and intel. In addition to payments, ethereum also supports “smart contracts”.

  • Bitcoin cash (BCH): A ‘hard fork’ designed to be a solution to the transaction backlog bitcoin was experiencing, bitcoin cash’s block size is eight times that of bitcoin.

  • Ethereum classic (ETC): although ethereum classic has a significantly lower market cap than its namesake, it is still a popular cryptocurrency.

  • Litecoin (LTC): the first cryptocurrency to implement segwit, a method of speeding up transaction times without compromising the underlying blockchain technology.

  • Dash (DASH): based on bitcoin’s technology, dash’s additional infrastructure enables faster transactions and higher liquidity, though unlike other cryptocurrencies, dash is a decentralized autonomous organization (DAO).

  • Stellar lumens (XLM): operating on a unique consensus algorithm rather than mining, stellar can facilitate transactions between multiple currencies, whether fiat or digital.

  • NEO (NEO): also known as the ‘chinese ethereum,’ NEO was designed to be easily modified and to have no forking ability.

  • EOS (EOS): upon its release, EOS quickly became one of the top ten cryptos, with a powerful open-source infrastructure capable of supporting thousands of commercial-scale decentralized applications (dapps).

  • Cardano (ADA): inspired by ethereum, cardano differentiated itself with a dual-layer structure running each layer separately, as opposed to ethereum, where both layers are intertwined.

  • IOTA (MIOTA): based on a proprietary ‘blockless’ blockchain called tangle, IOTA is paving the way for a decentralized network to power the internet of things (iot).

  • Zcash (ZEC): zcash encrypts the contents of shielded transactions, ensuring that the sender, recipient, and amount transferred are all kept private.

  • TRON (TRX): tron aims to create a decentralized alternative for digital content distribution via one of the largest blockchain-based operating systems in the world.


On the etoro trading platform, trades are made by dollar amount, rather than by unit of an asset. That means that you don’t need to buy whole units of an asset; you can buy just a fraction of a cryptocurrency, starting from a minimum of $25 per trade.


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No. However, etoro offers an integrated multisig wallet as an easy and convenient way to use your crypto externally. Once a cryptocurrency has been transferred to the etoro wallet, it may be used to send external payments. For more information about the etoro wallet, click here.


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No. Etoro makes cryptocurrency trading simple. There is no need to memorize complicated addresses and passwords for multiple digital wallets — all you need is your etoro login and you’re ready to trade.


If, however, you would like to access your cryptocurrency directly, the etoro wallet is the perfect solution. It is seamlessly integrated to receive transfers from your etoro portfolio in order to use your crypto for external payments. For more information about the etoro wallet, click here.


Please note that cryptocurrency transferred from your etoro portfolio to the wallet cannot be transferred back again into your portfolio.


Cryptocurrency trading on etoro is currently available in all US states except:



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this list is subject to updates.


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Beware this ‘celebrity’ bitcoin scam


Losses of up to £200,000 are being reported by victims of a sophisticated global investment fraud


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Share this page


Criminals are exploiting trusted global websites to post fake celebrity endorsements for cryptocurrency, in one of the most prolific internet scams which? Has seen.


Victims of a prolific bitcoin scam are reporting individual losses of up to £200,000 after following links on AOL, MSN, yahoo and facebook.


Which? Has spoken to dozens of people who’ve encountered the scam – which falsely claims celebrities have backed a bitcoin investment scheme – while browsing legitimate sites.


In many cases, the fake advertorials are convincingly designed to look like pages from the BBC or mirror websites.


Read on to find out how the scam works, how to avoid falling for it, and why which? Is calling time on legitimate sites hosting dodgy links.



Celebrity ‘endorsements’ used to ensnare investors


Celebrities used in these fake advertorials include deborah meaden and peter jones from dragon’s den, ant mcpartlin of presenting duo ant and dec, billionaire businessmen lord sugar, sir philip green and sir james dyson, presenters simon cowell and holly willoughby, and former love island contestant charlie brake.

Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


To be clear, none of these celebrities are responsible for the fraud, but their images and reputations are being ruthlessly abused by organised scammers.


We’ve found countless variations of the scam still live at least three years after it first surfaced, but most of them proceed in a similar way.


How the scam unfolds


Imagine you’re browsing AOL.Co.Uk. On the sidebar you spot a picture of dragons’ den star deborah meaden, with a black eye.


There’s nothing obvious to suggest it’s an advert – it looks like an image from a legitimate news story.


Clicking on it takes you to a news story on a third-party page, which seems like a respectable news site for investors. It describes how meaden and her fellow dragons were impressed with a bitcoin investment scheme on an episode of the show.


The strange photo of meaden’s black eye is forgotten as you read how the dragons chose to invest and reaped the financial rewards. At the bottom of the page is a web form where you can express interest in joining the investment scheme.


Heeding the warnings that the scheme will soon close to new investors, you submit your name, email address and phone number.

Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


The buy-in


A short while later, you receive a phone call from your ‘investment manager’. She or he encourages you to make a surprisingly modest initial investment to purchase £250 worth of bitcoin.


By email you receive a link and login details to the ‘trading platform’ where your bitcoins are being held. Over the coming weeks the value of your bitcoin holdings appears to increase, and your investment manager calls you frequently, encouraging you to buy more.


When you refuse to pay anything further and mention that you’re thinking of cashing out, your investment manager releases £40 to your bank account so you can ‘enjoy the profits’. Reassured, you carry on investing.


Months later, you’ve sunk £5,000 into the scheme – although your bitcoins are valued at £50,000 on the trading platform.


Now you decide it’s time to enjoy your returns, so your manager directs you to deposit their commission – a further £5,000 – into a bank account and await a phone call releasing your funds.


This was the appalling experience of one which? Reader, who has asked to remain anonymous.


The scale of the problem


We’ve obtained exclusive data from police fraud reporting centre action fraud, which shows the huge scale of the problem.


There were 1,560 cases of cryptocurrency investment frauds reported in the first six months of 2019 alone. In the same period, there were 212 reports of investment fraud where celebrity endorsement was specifically cited by the victim as an enabler of the scam.


Action fraud is a self-reporting tool now no longer used in scotland, so it’s likely that these alarming figures are in fact underrepresenting the scale of the problem.


What is bitcoin?


Bitcoin is a cryptocurrency – a form of digital money which can be bought with other currencies, traded for them and (where retailers accept it) used to buy goods and services. Cryptocurrencies such as bitcoin run on a technology called blockchain – essentially a huge online database of transactions.


Blockchain’s great strength is that it’s considered unhackable. This is because rather than transactions being recorded on a traditional centralised database which someone could manipulate, they’re recorded and updated in many locations simultaneously.


Bitcoin is far from the only cryptocurrency to be targeted by scammers. In july 2018, we explored the sometimes murky world of ‘initial coin offerings’. Unlike bitcoin, which has achieved some respectability and is accepted by some retailers, there is no guarantee that investors will be able to spend these newly established cryptocurrencies anywhere.


How to stay safe


This scam proceeds along classic psychological principles – appealing to authority (using celebrities and trusted sites), starting out with small demands (£250) before gradually escalating and releasing a nominal sum to trick you into thinking you can get the rest.


All the traditional investment advice applies. Be extremely sceptical of grandiose claims, and seek advice from a financial adviser registered by the financial conduct authority if you’re not sure about something.


Novice investors should consider traditional investments first and aim to build wealth gradually through a diversified portfolio.


The websites respond


We’re extremely concerned to hear reports of legitimate websites serving up scam adverts – some of them in recent weeks – and we put our allegations to them.


A facebook spokesperson said: ‘we don’t tolerate fraud on our platform, which is why we’re taking action to stop scams wherever they appear. We have donated £3m to citizens advice to deliver a new UK scam action programme, and we have created a new scam ads reporting tool on facebook in the UK, supported by a dedicated internal operations team.


‘if people see something on facebook they think is a scam, we urge them to report it by clicking on the top right of any ad they see.’


A microsoft spokesperson explained that ‘the issue of “ad cloaking” is a challenge across the online advertising industry’ and that microsoft is ‘working…to address the techniques scammers use and detect, block and remove advertisements more effectively.


In the meantime, we urge customers to remain vigilant and only engage with brands they trust and recognise.’


A spokesperson for verizon media, the parent company of AOL and yahoo, told us: ‘deceptive and misleading ads are not acceptable, and we expect our partners to comply with all laws, regulations and our policies.


‘we will take action to block ads in violation of our policies, as well as bad actors who work to circumvent our human and automated controls.


‘we have a new, simplified adfeedback reporting tool for our users to identify anything they believe to be “misleading or a scam” through a simple thumbs up, thumbs-down icon on ads served through our platforms that is rolling out now. Our teams will remove any ads identified and confirmed as such.’



  • The full investigation appeared in the december issue of which? Money magazine. You can try which? Money today for just £1 to have our impartial, jargon-free insight delivered to your door every month.




Learn more about bitcoin reddit trading (guide)


You can get up to speed in the crypto world with bitcoin reddit trading information. Reddit is one of the best places to look for information about anything, including bitcoin. There are loads of users who will share their information with you for free.


Anyone who is just starting out in the world of bitcoin and other cryptos should take time to learn more about all the options that are out there.


R/bitcoin is one of the most popular groups on reddit, and there are loads of other groups for different aspects of cryptocurrency. If you want to learn more about how to trade bitcoin, reddit is a great place to start.


Unlike many online information portals, the views on reddit are rarely paid for, and you will get honest answers from people who have been into cryptos for a long time. Bitcoin was rarely reported on prior to 2017, but it has actually been around since 2009.


Take advantage of all the information on reddit. Get your crypto knowledge up to speed before you start making moves with real money. Trading any asset can be a risky venture, and you need to be as prepared as possible before you start!


Share this


Just contact us if you have any questions admin@btcpeers.Com


Other recent news


Crypto might be a bubble but bitcoin and ethereum will likely survive


Shark tank star mark cuban in a series of recent tweets compared the crypto market to the dot-com bubble of the late 1990s. According to the dallas mavericks owner, many people will get their hands burnt investing in cryptocurrencies. On the flip side, many people will also make their fortune. He however advised investors to “learn how to hedge” in order not to end up on the losing side. Along the way MANY fortunes will be made and LOST and we find out who has the stomach to…


Buy the dip, bitcoin whales are out to play


It is classic investment advice – “buy the dip and sell the high.” following its run-up to a new all-time high of $42,000, bitcoin’s price sharply fell to a low around $32,000 on monday. Sadly, while “weak hands” and retails investors are panic selling, bitcoin whales are actively buying. According to a recent analysis, high-value investors, aka bitcoin whales, are relentlessly buying the dip, despite the carnage. Bitcoin addresses with more than 1,000 BTC have continued to r…



Responding to tweets from elon musk and ben mezrich about payments in bitcoin, vocal bitcoin critic peter schiff has said that getting paid in bitcoin “makes no sense.” mezrich, the author of “the accidental billionaires” and “bitcoin billionaires” had on friday tweeted that he was “never turning down getting paid in bitcoin again.” tesla’s CEO and the world’s richest man, musk, agreed with mezrich. By sunday, schiff was ready with a reply. He had a contrary opinion. For schi…


Adoption or FOMO? Bar owner offers to sell two outlets for bitcoin


Patrick hughes, a new york city businessman has opted to sell two of his bars for either bitcoin or ethereum. The two adjoining bars (hellcat annie’s and scruffy duffy’s) are located in hell’s kitchen and have been put up for sale for either 25 bitcoin or 800 ether. With bitcoin falling to around $30,500 both bars would be worth about $760,000. It is interesting to note that when hughes placed the sign to sell in front of his bar, bitcoin was trading in the $40k range, and he…


Robo advisor: A new invention in the crypto world


The effects of AI can be seen in almost every domain nowadays. Then how could the crypto world be left behind? The technology is entering into this industry in the form of a robo advisor. Robo advisors, in general, are automated and algorithm-based tools that can help a person manage their investments. These advisors take both the market conditions and user requirements into consideration before providing the suggestions for investments in certain assets. However, this conc…


What is the best cryptocurrency to invest in 2021?


Wondering what is the best cryptocurrency to invest in 2021? In this analytical guide, we have tried to elaborate on, which is the best currency to invest in 2021? In 2009 bitcoin was launched by satoshi nakamoto, a pseudonym for which it is still unknown whether it is an individual or a group of people, who decided to implement their idea and launch it online through a white paper called "bitcoin: A peer-to -peer electronic cash system ". It is 2009 that marks the beginning…


Crypto community fights back, opposes fincen’s plan to track crypto transactions


There has been a lot of chatter around the proposed rule from the financial crimes enforcement network (fincen) to track crypto transactions. In response to the proposed regulations, cryptocurrency supporters have stepped forward in massive numbers to oppose the rule. Fincen gave a 15-day window for the public to respond to its plan. This is shorter than the 60 days that are usually allotted. However, despite the short window, over 65,000 comments were submitted to the divisi…


Finland finally settles to sell $76 million worth of seized bitcoin


Finland’s customs department, tulli, has decided to sell nearly 2,000 bitcoins valued at around $76 million. The bitcoin stash was seized by local authorities in 2016 in connection to darknet drug-trafficking investigations. Four years after, the seized asset is now worth more than 100 times. Although tulli had plans to sell the bitcoins in 2018, authorities were worried that the bitcoin would find its way back into criminal hands. Whilst this is still a possibility, the agen…


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Martin lewis: spread the word – don’t believe scam bitcoin code or bitcoin trading ads


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


I don’t do adverts. If you ever see one with my face or name on it, it is without my permission, and usually a scam. Admittedly some are supposedly legit firms bending the rules to imply a link (though do you really trust firms that’d do that anyway?).


The latest facebook ad plague with me in is the ‘bitcoin code’ or ‘bitcoin trader’ scam, which lies saying I suggest investing in it. In fact they’re not even about bitcoin (see my real view on bitcoin), but about binary trading, something no one should touch with a bargepole.


The ad looks like this…

Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Sadly we’ve already heard of people who’ve lost over £20,000 saying: “I only pursued it because I thought it was recommended by martin.” the thought of that makes me feel physically sick. I’ve spent my career trying to campaign for financial justice and now these b*****ds leach off that trust to rob vulnerable people.

Please help by doing two things (thanks in advance)…



  1. Spread the word. An easy way is to share this facebook post or retweet this twitter post or link to this blog.

  2. Report the scam. If one pops into your timeline, report it to facebook (or elsewhere) and post in the comments that “this is a fake ad, martin lewis warns against this, do not trust it.”



And yes, it’s been reported to facebook many times. Yet its systems are abysmal – instead of using image recognition to proactively block, it takes scammers’ money and relies on people reporting them.



Bitcoin reddit roundup october 2020


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


Welcome to the october 2020 edition of reddit roundup by nik and flip of bitcoin magazine!


This post contains 37 links to most of the best quality content that was uploaded to reddit for this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/bitcoinmining.


In this roundup, there are 10 different categories organizing each link: privacy, adoption, development, security, mining, business, education, regulation & politics, archaeology (financial incumbents) and, last but not least, memes, fun and other.


October picked up in bullishness where september left off, particularly in the price. The confidence in BTC amongst the community has been as strong as ever, with many anticipating a steep rise in price and many bulls calling for a new all-time high before the end of the year. Only time will tell.


Institution adoption of bitcoin as a treasury reserve asset continues to be the hottest topic in the space, as square joined microstrategy and bought $50 million worth of BTC. These were just two of the many dominoes to fall for bitcoin — stone ridge asset management revealed its $115 million bitcoin investment as well.


This was especially interesting as many employees at the company were bitcoiners and already holding BTC, enticing their firm’s auditors to look at it more closely. All of these big institutions entering the space makes us think… apple just released that it jas $191.83 billion cash on hand and you have to ask yourself, so when does apple buy bitcoin?


As time goes on, more and more of the legacy financial institutions are changing their minds about bitcoin, and we saw them being pretty vocal about it this month. A former hedge fund chief manager from goldman sachs has come out with a $1,000,000 BTC prediction. This goes hand-in-hand with JP morgan chase talking sweetly about bitcoin recently as well. It seems that the wall street firms are starting to give up the battle that they had no shot at winning in the first place.


In addition, legendary hedge fund manager paul tudor jones has expressed that he likes bitcoin now even more than before, and that this bull market is still in the first inning.



Bitcoin revolution: wanna earn $1,000 a day? Government warns about this scam


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.


A cryptocurrency investment scheme called bitcoin revolution has recently garnered interest worldwide with its claim that investors could easily earn over $1,000 a day. They could even become millionaires within 61 days using the bitcoin revolution app. However, this is a scam and it recently ran into trouble with the securities and exchange commission of the philippines.


Bitcoin revolution scam promises $1,000+ a day


The bitcoin revolution investment scheme has been around for quite some time but it has recently gathered more interest as the coronavirus outbreak intensifies and people are struggling to find more income due to job losses and other economic factors.


The bitcoin revolution app claims to be “automated trading software that has been designed to trade the bitcoin and cryptocurrency markets,” its website states. For those looking to figure out if the bitcoin revolution app is a legit investment opportunity or a scam, there are several red flags to note. Firstly, the bitcoin revolution website is a cookie-cutter website that is shared by many other known scams — 10 of which are featured in our article on bitcoin superstar and bitcoin era.


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.
The bitcoin revolution app advertises high investment returns and features several celebrities, such as richard branson and bill gates.


Boasting that its app has “a very high success rate of over 99%,” the bitcoin revolution website claims: “this means that most of the trades it enters into end successfully. What this means is that you could be earning over $1,000 a day.”


To lure unsuspecting investors, bitcoin revolution and other scams using the same website format make themselves seem like they have been endorsed by celebrities. Their promo video features virgin group founder richard branson, microsoft founder bill gates, google’s eric schmidt, and virgin galactic chairman chamath palihapitiya.


People from various countries have been drawn to bitcoin revolution hoping that it would be a safe investment option during the coronavirus pandemic, including those in australia, europe, singapore, the UAE, el salvador, and south africa.


Trouble with government


Several similar scams have gotten into trouble with the government of various countries. On tuesday, the securities and exchange commission philippines issued a warning about bitcoin revolution. In addition to stating that this investment scheme is not authorized to do business in the country, the commission warned of several red flags, including asking for an upfront investment and promising outrageous returns that sound too good to be true.


Learn more about bitcoin reddit trading (Guide), bitcoin trading reddit.
The securities and exchange commission philippines has issued a warning about bitcoin revolution, emphasizing that it is not authorized to do business in the country.


The philippine SEC wrote:


Bitcoin revolution claims that for a minimum investment of two hundred fifty dollars ($250.00), investors can earn as much as one thousand dollars ($1,000.00) or three hundred percent (300%) per day or a total of nine thousand percent (9,000%) per month.


Furthermore, the commission explained: “bitcoin revolution asserts that its software enables anyone to trade bitcoins and other cryptocurrencies easily with a success rate ranging between eighty-eight percent (88%) to ninety-five percent (95%) per transaction which makes the profit potential limitless making some of its investors millionaires in just sixty-one (61) days … bitcoin revolution added that its software is designed to eliminate the need to spend hours analyzing the markets as the program will do all the work for the investors. All they need to do is to sit back and watch their profits grow.”


However, as with all scams, anyone uploading money into their account at bitcoin revolution is unlikely to ever see that money again. When searching for investment opportunities online, take caution as there is an increasing number of scams during this global pandemic.


What do you think of bitcoin revolution? Let us know in the comments section below.





So, let's see, what we have: you can get up to speed in the crypto world with bitcoin reddit trading information. Reddit is one of the best places to look for information about anything, including bitcoin. At bitcoin trading reddit

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