The Friday January 26 Afternoon Edition of The Cryptocurrency Novice Report
Welcome to the Afternoon Edition of The Cryptocurrency Novice Report for Friday, January 26, 2018.
What's a good way to end the work week? Finding out about another way to get some free money and lessen your dependence on the 8-5 grind.
Money For Nothing
Today's free money comes in the form of a faucet for Bitcoin Cash. Like the Moon Dash faucet featured earlier this week, today's faucet, Moon Cash is run by the fine folks at the Moon family of faucets.
Like Moon Dash, Moon Cash offers you bonus payouts for making a faucet claim at least once per day and referrals. There is also a random bonus every claim. These bonuses can really add up. To the tune of 400% of your normal claim amount. All it takes is a few minutes a day to make multiple claims and start building yourself a nice little Bitcoin Cash nest egg.
Many people think that eventually Bitcoin Cash will replace Bitcoin Core as the cryptocurrency standard. If that happens you can expect Bitcoin Cash to be worth multiple times it's current value. So, what are you waiting for? Go get some free Bitcoin Cash.
The Report
Cryptocurrecies are having a rough afternoon leading into the weekend. Losers are outpacing winners by about 3 to 1 this afternoon in the top 100 cryptos. Here's what our favorites are doing now...
Bitcoin has slid just below the $11,000 mark this afternoon and is currently sitting at $10,977, down 3% since this time yesterday. Keep your fingers crossed that it will move back over $11,000 soon and not fall farther this weekend. Support here at $11,000 is vital to helping ease the publics mind that Bitcoin is the real deal and not caught in some bubble.
Steem is down about $0.50 since yesterday, but at just over $6, it is still well about where it started the week at. SBD is currently $6.44, down almost 10% in the last 24 hours. Sadly, I had hoped that Steem would be able to hold on to most of it's gains of the last couple days, but as long as it stays above $6 we will still be way ahead for the week. Not to mention the last year.
To put things into perspective, one year ago today Steem was trading at $0.14 and SBD was trading at $0.99. Not a bad year after all. Imagine if we have those kind of gains in the coming year!
Bitcoin Cash is down today a little over 5%, currently trading at $1,567.
The amount of liquid Steem grew by less than 0.1% the last two days, which is very welcome news after the 10%+ rise earlier in the week. The big question will be what happens Tuesday, since that will be the 7 day mark from the last big power down. Did the whales stop their power down or will it continue for another week? Tune in on Tuesday to find out.
Please note: I am not an investment professional. The information I present here is only my opinion. Remember to get yourself some free Bitcoin Cash from Moon Cash, it could be worth a lot some day.
Until next time...
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good work! (and than)ks for your support my friend!) upvoted...as mentioned previously in my silver report..look for bitcoin to entertain the 10,000 area..and a great enrtry point. MUCH higher prices after consolidation later in year.
I certainly hope you are right. I don't mind Bitcoin bouncing around $10,000 to much, but I think people get a little panicky any time it drops below that level.
steem is going to be very strong...and silver a screeming buy..do not worry about a little short term weakness. things to get very "interesting" in April. ( and very bad for the dollar that may bounce some here.
Great ! You have listened to my advice, I can definitely say that it looks better :) It will really be interesting to see what happens with the powering down. I think Steem is holding very strongly the 6$ floor, although if BTC breaks 10,000$ we can expect to see Steem at 3-4$ once again, which will make it a hell of a bargain.
Good info, thanks for sharing.
Thanks for the advice! Steem still holding above $6. Would be great news if this remains the new floor.
I am very positive on this. Considering what is ahead of the blockchain - Hardfork + SMT, I really doubt it goes a lot below 6$. If it goes to 2-3$ I will load my account :)
steem will be much higher in several months...and silver a screaimg buy...the dollar is headed for disaster but should hold or bounce near term
It's interesting what happens to the dollar. I guess we have to wait and see
see my post just up..on the dollar, stock mkts.. silver...and comment on steem (which is going much, much higher.) The dollar can not help but get decimated. tis is not good. the chinese and Russians and our mountain of debt leave it no choice. There will be news by April (china) that will devastate treasuries...In the meantime probably will have a bit of a rally before too long.
Thanks for sharing the free money from MoonCash. I need to get some bitcoin cash. I think it's going much higher.
I hope you're right, but not before I get a bunch more of it.
time to get me some of that free bitcoin cash glad to have a chance to get it for free
It's free for the taking!
Free from anything sound better ;)
Absolutely!
It's a case of watching and waiting for the minute I think... Very excited to be a part of this all though. Even if I lose all my money :)
Keep powering up your Steem and at least you will have the power to make more, even if all your other crypto goes to 0.
free money from faucets haha love it :D
Free is the best kind of money.
some great things you shared today with those update thanks :)
Thank you.
Thanks for the proper guide and the updates time to earn some free bch
It's there for the taking just make sure to claim at least once a day.
it will be interesting to try out this moon cash thing time to go to the moon :)
thanks for sharing
Takes a little dedication, but you may make a lot in time.