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Recently we covered a news story about BiteBTC.com being a scam. When we published the article, BiteBTC.com blocked us on twitter. They claim that they are issuing refunds, but users say that they haven't received them. They also moved their business to Seychelles. Yet again, we dug a little deeper and found the owners and some more shocking information. They moved to Seychelles, rumored to be in prison. Yet somehow they are still operating, how is this possible? Now they're sending out e-mails like: "You will have to make a deposit of 0.01BTC to the rectification wallet address we will provide for you to rectify your account" Read more about this outrage: https://bestcoininvestments.com/scam-bitebtc-blocked-us-on-twitter/Spread the word, so others don't fall for this!
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Tron is one of the most talked about altcoin in the past year. Also, it is one of the best performing altcoins since the end of November (not to mention Binance). So what is Tron and what is its mission? Why so many people are willing to participate in the journey that Tron represents? It is believed that all altcoin projects have misinterpreted the use of a native cryptocurrency, but in this case, TRX looks like is working for the Tron Foundation's projects. Moreover, their community is as large as Ripple's, so it is safe to say that the project is half community driven. In this article, we will look at the key things you should know about TRON and it's cryptocurrency TRX. What is TRON?Tron or Tron Foundation's main goal is to construct a worldwide free content entertainment system on the blockchain. The Tron protocol, along with their platform, allows users to freely publish, store, share and own their own data or content. Moreover, the users can decide at what price, how and when they would want to sell this information about themselves. And above all, not only they want to make users solely the owners of their data, but also want to cut out middlemen such as Apple, Google, Facebook, Amazon, and Snapchat as well. To read more about Tron's blockchain, roadmap, dApps, and future plans, read our article: https://bestcoininvestments.com/what-is-tron-trx-beginners-guide/What do you think? Can Tron overtake Ethereum in the long run?
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Yesterday, on February 28, 2019, the long-awaited Ethereum “hard fork” or “network upgrade” Constantinople finally went live! As planned, it occurred on block 7,280,000 and although the plan anticipated two upgrades: Constantinople and St. Petersburg, both were combined in one. The price of EthereumDuring the update on February 28, the price of Ethereum remained significantly stable. However, in the previous day on February 27, there was a slight dump in the price, and it went from $141 to $132. This probably was the effect of uncertainty from investors and users because of previous delays of this upgrade. Once they got affirmation that the upgrade is actually going to take place, they bought back in. To read about how many clients have adopted the new upgrade and what has changed in the network, visit our latest article: https://bestcoininvestments.com/constantinople-upgrade-is-live/Have you upgraded your client? Are you looking forward to the change from PoW to PoS?
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I have a question @BestCoinInvestments, i understand that donations have been sent to the address associated with the Genesis block now 66.9BTC+. My question is can those bitcoin donate be claimed by Satoshi? or it's also unclaimable like the first 50BTC.
They are claimable! And that is what everybody is asking Craig S. Wright to prove. If the real Satoshi still have his private keys, then he could possibly access these donations. However, the first 50 BTC cannot be spent due to the Bitcoin original code.
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January 3rd marks the day when Bitcoin blockchain started working. Some refer to this day as the real birthday of Bitcoin, despite the day when the white paper was first published on 31st of October. January 3rd was the day when the first block was mined, and the first 50 Bitcoins were issued to Satoshi Nakamoto. Eventually, people started calling it “block 0”, although previous adaptors called it Block 1. The first block rewardIn the first block which was mined in the Bitcoin blockchain, the reward was 50 BTC. It went to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa ( https://www.blockchain.com/btc/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b?show_adv=true). An interesting fact is that these coins cannot be spent due to the Bitcoin code. So even if Satoshi once came out and wanted to claim these 50 BTC, he couldn't. It is not entirely sure if this was done on purpose. A Redditor who goes by the nickname "theymos", explained it very well: “This is how the Bitcoin client worked when Satoshi created it: The client maintains a block database and a transaction database. When it finds that its block database is empty, it inserts the genesis block into its block database to get things started. This block includes a transaction sending 50 BTC to 1A1z..., but the client does not insert this transaction into its transaction database. So even though this transaction is part of the blockchain, if the client sees a transaction spending this 50 BTC, it won't be able to find the 50 BTC transaction in its transaction database, and the spending transaction will be rejected. In other words, the genesis block's transaction isn't considered to be a "real transaction" by the original Bitcoin client.” Since then, people supporting the Bitcoin movement and the creation of Bitcoin blockchain has sent small amounts of donations to the address. To read more interesting facts on the Genesis block, visit our site: https://bestcoininvestments.com/what-is-bitcoin-genesis-block/Hope you enjoy it, and please share your thoughts on this!
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A Decentralized exchange or DEX is a type of a pair matching that allows users to trade cryptocurrencies and place orders. It’s without an intermediary institution controlling their funds or managing the ledger. Crypto excites people because it is a way to trade value directly. Blockchain allows strangers to trust each other without the need for a central institution. It is an amazing technology with the potential to change the way we think about trade and structure our economy. Ironically, you have to use a real currency i.e. euros, dollars, yens or any other to enter the crypto ecosystem. This entry is usually done through a number of centralized exchanges like Coinbase or Kraken. To enter a decentralized ecosystem, you have to trust a centralized institution. It manages your accounts, takes your information and is vulnerable to hacks and slowdowns. In this article, we elaborated on the basic components of a DEX, looked at the benefits of what can a DEX bring to its users and explained the current situation with Decentralized Exchanges. Also, we show the most popular ERC20 token DEXs' and try to look at some of the major technical problems of a DEX. Please have a read and share your experience or piece of advice with decentralized exchanges: https://bestcoininvestments.com/what-is-a-dex-decentralized-exchange/Thank you!
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According to FBI estimates, investors lost a total of between $2.5 and $3.5 billion. The FBI is asking investors to assist in the investigation of the financial pyramid BitConnect. It was one of the most talked about investment schemes of the recent Bull-market of 2017. By previous reports, one of the main BitConnect promoters – Divyesh Darji, is already behind bars in the city Gujarat. As he was returning from Dubai, the Gujarat Criminal Investigation Department arrested him. For the full article and link to the questionnaire please visit: https://bestcoininvestments.com/the-fbi-is-looking-for-investors-who-suffered-from-bitconnect-scam/
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Recently Elon Musk had an interview with ARK invest podcast. They mostly spoke about his company Tesla and key features of its success, but at the end of the 30-minute show, they touched cryptocurrencies as well. At the start of this crypto segment, he laughed and told the story about how he got blocked on Twitter by making fun on the phrase “wanna buy some bitcoin”. Later he continued by saying “I've got some friends of mine that are really involved in crypto”. And then came his legendary phrase, which all the major news sites picked up: ”I think Bitcoin's structure is quite brilliant.” Elon continued by elaborating on what he thinks are the downsides of crypto. He mentioned that one of the biggest downsides is the energy consumption. “One of the downsides of crypto is it's quite energy intensive,” said Musk. We elaborated on the crypto energy consumption issue in our latest article: https://bestcoininvestments.com/elon-musk-calls-crypto-quite-energy-intensive/Have a read, and tell us what is your perspective on this subject!
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Craig Wright testifies an oath, claims he is Satoshi Nakamoto; Dorian Prentice runs from media in a story worth becoming an action movie; Researchers say that Hal Finney is the closest candidate they have analyzed over years; Nick Szabo edits his articles after Bitcoin launch; The NSA develops the Bitcoin hashing algorithm SHA256; and mind blowing conspiracy theories on the creation of Bitcoin. All that you can read in my article: https://bestcoininvestments.com/who-is-satoshi-nakamoto/I would absolutely love if you could share some pointers. There are so many assumptions on the mysterious pseudonym. People taking sides to their liking. At this moment it would not seem essential at all, because Bitcoin is living its own life now. Yet we ask again: who is Satoshi Nakamoto? What do you think? Share your beliefs on who created Bitcoin!
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"I remember it like it was only yesterday when all the coins and tokens were booming and you could get massive gains in every crypto asset you invested. It was the crypto investments bull run of 2017. It all looked so easy and it almost felt like this could go on forever. But it was just a big bluff since I and my friends weren't with a financial background, and only got into cryptocurrencies in May 2017." I did a retrospective article about how I and my friends started our journey in cryptocurrencies. Also, I added a few pieces of advice learned on the go. Please have a read and share what do you think: https://bestcoininvestments.com/warning-dont-even-think-about-crypto-investments-until-you-read-this/Also, if you have a story of how you got into crypto, don't hesitate to share it in this thread!
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Is Gerald Cotten really dead? Are there even cold storages? Mysterious past bonds with a convict and an anonymous Reddit user claiming to be “extremely close with the family”. Cotten files a will just two weeks before death, gives everything to his wife. Sounds so sketchy! He left $100,000 for his two dogs, but forgot about 100,000 users in QuadrigaCX? This sure sounds like a Mexican soap with thriller elements. Read more facts and assumptions about this loud case here: https://bestcoininvestments.com/suspicious-death-quadrigacx-ceo/What's your take on this? Share your opinion with us!
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Is Gerald Cotten really dead? Is there even a BTC cold storage? Mysterious past bonds with a convict and an anonymous Reddit user claiming to be “extremely close with the family”. Recently, the suspicious death of QuadrigaCX CEO Gerald William Cotten is the number one topic in the cryptocurrency field. He died in India due to complications from Crohn's disease, just two weeks after filing a will, and getting married to his wife. QuadrigaCX is now offline owing around $190 million to their customers because Cotten had full control over the private keys connected with the funds. These funds include 26,500 bitcoins, 11K bitcoin cash, 11K bitcoin SV, 35K bitcoin gold, close to 200K litecoin, and about 430K ether. Summed together, the inaccessible wealth comes to a grand total of $147 million. Moreover, QuadrigaCX itself has under half a million dollars in cash. Also, they have about $50 million which is stuck in a Canadian bank due to a legal dispute. Some of this money actually belongs to QuadrigaCX customers. It is very hard to find something about Gerald William Cotten and his wife Jennifer Kathleen Margaret Robertson. They have no social background, profiles, photos, anything that would indicate that they are actually real. Nevertheless, we will just have to assume it is because of recent incidents. We tried to put all of these past events together, so you can make your own judgments about what is going on with Quadriga. Read more in our recent article: https://bestcoininvestments.com/the-suspicion-behind-the-death-of-quadrigacx-ceo/
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What is TRON?Tron is one of the most talked about altcoin in the past year. Also, it is the best performing altcoin since the end of November. So what is Tron and what is its mission? Why so many people are willing to participate in the journey that Tron represents? It is believed that all altcoin projects have misinterpreted the use of a native cryptocurrency, but in this case, TRX looks like is working for the Tron Foundation's projects. Moreover, their community is as large as Ripple's, so it is safe to say that the project is half community driven. In this article, we will look at the key things you should know about TRON and it's cryptocurrency TRX. Who is Justin Sun?Justin Sun is the famous CEO of TRON. He is a former chief-representative for Greater China of Ripple. He has a bachelors degree from Peking University and a masters degree from the University of Pennsylvania. He was the first millennial student in the first batch of entrepreneurs at Hupan University. Also, Forbes China listed him in the 2017 Forbes Asia 30 under 30 entrepreneurs. Justin also founded Peiwo, an aspiring app that aims to become the Snapchat of China. Read more: https://bestcoininvestments.com/what-is-tron-trx-beginners-guide/Tell us what do you think! Would you add something? If yes, please comment below! ❗️Follow us on 👇 Twitter: https://twitter.com/bestcoininvestTelegram: t.me/bestcoininvestments#TRON #TRX #Tronix #TRC10 #TRC20 #Ethereum #ETH Photo by Tatiana Fet from Pexels.
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Recently we did an article on failed Proof Of Keys exchanges. One of the loudest cases were BiteBTC. They announced a fire within their data centers in Singapore, three days after it happened. We immediately sent our reporters to Singapore to check out the situation. It appears that there was no fire recorded. Also, BiteBTC headquarters are located in an apartment building... It very much looks like an exit scam strategy. Read more: https://bestcoininvestments.com/is-bitebtc-a-scam-exchange/Share your thoughts! Could they really be running away with more than $70 million? If you have recovered your account within the exchange please contact us at info@bestcoininvestments.com
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