Infinite Profit System Review 2020 Forex Scam or Not?

Forex Mafioso Review – Is This Forex Trading Software System a Scam?

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Forex Mafioso Review – Is This Forex Trading Software System a Scam?

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Forex Mafioso Review – Is This Forex Trading Software System a Scam?

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Make Money Tonight Review- Make Money Tonight scam- New Forex Binary System Software Free Download.

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Renko Pip Scalper Review 2015 - Is Renko Pip Scalper SCAM? How Does Renko Pip Scalper Software Work???.. Best Forex Trading Scalper System In 2015

Renko Pip Scalper Review 2015 - Discover the Facts about Renko Pip Scalper in this Renko Pip Scalper review! So Exactly what is Renko Pip Scalper Software all about? Does Renko Pip Scalper Actually Work? Is Renko Pip Scalper Software scam or does it really work?
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Forex Signals Reddit: top providers review (part 1)

Forex Signals Reddit: top providers review (part 1)

Forex Signals - TOP Best Services. Checked!

To invest in the financial markets, we must acquire good tools that help us carry out our operations in the best possible way. In this sense, we always talk about the importance of brokers, however, signal systems must also be taken into account.
The platforms that offer signals to invest in forex provide us with alerts that will help us in a significant way to be able to carry out successful operations.
For this reason, we are going to tell you about the importance of these alerts in relation to the trading we carry out, because, without a doubt, this type of system will provide us with very good information to invest at the right time and in the best assets in the different markets. financial
Within this context, we will focus on Forex signals, since it is the most important market in the world, since in it, multiple transactions are carried out on a daily basis, hence the importance of having an alert system that offers us all the necessary data to invest in currencies.
Also, as we all already know, cryptocurrencies have become a very popular alternative to investing in traditional currencies. Therefore, some trading services/tools have emerged that help us to carry out successful operations in this particular market.
In the following points, we will detail everything you need to know to start operating in the financial markets using trading signals: what are signals, how do they work, because they are a very powerful help, etc. Let's go there!

What are Forex Trading Signals?

https://preview.redd.it/vjdnt1qrpny51.jpg?width=640&format=pjpg&auto=webp&s=bc541fc996701e5b4dd940abed610b59456a5625
Before explaining the importance of Forex signals, let's start by making a small note so that we know what exactly these alerts are.
Thus, we will know that the signals on the currency market are received by traders to know all the information that concerns Forex, both for assets and for the market itself.
These alerts allow us to know the movements that occur in the Forex market and the changes that occur in the different currency pairs. But the great advantage that this type of system gives us is that they provide us with the necessary information, to know when is the right time to carry out our investments.
In other words, through these signals, we will know the opportunities that are presented in the market and we will be able to carry out operations that can become quite profitable.
Profitability is precisely another of the fundamental aspects that must be taken into account when we talk about Forex signals since the vast majority of these alerts offer fairly reliable data on assets. Similarly, these signals can also provide us with recommendations or advice to make our operations more successful.

»Purpose: predict movements to carry out Profitable Operations

In short, Forex signal systems aim to predict the behavior that the different assets that are in the market will present and this is achieved thanks to new technologies, the creation of specialized software, and of course, the work of financial experts.
In addition, it must also be borne in mind that the reliability of these alerts largely lies in the fact that they are prepared by financial professionals. So they turn out to be a perfect tool so that our investments can bring us a greater number of benefits.

The best signal services today

We are going to tell you about the 3 main alert system services that we currently have on the market. There are many more, but I can assure these are not scams and are reliable. Of course, not 100% of trades will be a winner, so please make sure you apply proper money management and risk management system.

1. 1000pipbuilder (top choice)

Fast track your success and follow the high-performance Forex signals from 1000pip Builder. These Forex signals are rated 5 stars on Investing.com, so you can follow every signal with confidence. All signals are sent by a professional trader with over 10 years investment experience. This is a unique opportunity to see with your own eyes how a professional Forex trader trades the markets.
The 1000pip Builder Membership is ordinarily a signal service for Forex trading. You will get all the facts you need to successfully comply with the trading signals, set your stop loss and take earnings as well as additional techniques and techniques!
You will get easy to use trading indicators for Forex Trades, including your entry, stop loss and take profit. Overall, the earnings target per months is 350 Pips, depending on your funding this can be a high profit per month! (In fact, there is by no means a guarantee, but the past months had been all between 600 – 1000 Pips).
>>>Know more about 1000pipbuilder
Your 1000pip builder membership gives you all in hand you want to start trading Forex with success. Read the directions and wait for the first signals. You can trade them inside your demo account first, so you can take a look at the performance before you make investments real money!
Features:
  • Free Trial
  • Forex signals sent by email and SMS
  • Entry price, take profit and stop loss provided
  • Suitable for all time zones (signals sent over 24 hours)
  • MyFXBook verified performance
  • 10 years of investment experience
  • Target 300-400 pips per month
Pricing:
https://preview.redd.it/zjc10xx6ony51.png?width=668&format=png&auto=webp&s=9b0eac95f8b584dc0cdb62503e851d7036c0232b
VISIT 1000ipbuilder here

2. DDMarkets

Digital Derivatives Markets (DDMarkets) have been providing trade alert offerings since May 2014 - fully documenting their change ideas in an open and transparent manner.
September 2020 performance report for DD Markets.
Their manner is simple: carry out extensive research, share their evaluation and then deliver a trading sign when triggered. Once issued, daily updates on the trade are despatched to members via email.
It's essential to note that DDMarkets do not tolerate floating in an open drawdown in an effort to earnings at any cost - a common method used by less professional providers to 'fudge' performance statistics.
Verified Statistics: Not independently verified.
Price: plans from $74.40 per month.
Year Founded: 2014
Suitable for Beginners: Yes, (includes handy to follow trade analysis)
VISIT
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3. JKonFX

If you are looking or a forex signal service with a reliable (and profitable) music record you can't go previous Joel Kruger and the team at JKonFX.
Trading performance file for JKonFX.
Joel has delivered a reputable +59.18% journal performance for 2016, imparting real-time technical and fundamental insights, in an extremely obvious manner, to their 30,000+ subscriber base. Considered a low-frequency trader, alerts are only a small phase of the overall JKonFX subscription. If you're searching for hundreds of signals, you may want to consider other options.
Verified Statistics: Not independently verified.
Price: plans from $30 per month.
Year Founded: 2014
Suitable for Beginners: Yes, (includes convenient to follow videos updates).
VISIT

The importance of signals to invest in Forex

Once we have known what Forex signals are, we must comment on the importance of these alerts in relation to our operations.
As we have already told you in the previous paragraph, having a system of signals to be able to invest is quite advantageous, since, through these alerts, we will obtain quality information so that our operations end up being a true success.

»Use of signals for beginners and experts

In this sense, we have to say that one of the main advantages of Forex signals is that they can be used by both beginners and trading professionals.
As many as others can benefit from using a trading signal system because the more information and resources we have in our hands. The greater probability of success we will have. Let's see how beginners and experts can take advantage of alerts:
  • Beginners: for inexperienced these alerts become even more important since they will thus have an additional tool that will guide them to carry out all operations in the Forex market.
  • Professionals: In the same way, professionals are also recommended to make use of these alerts, so they have adequate information to continue bringing their investments to fruition.
Now that we know that both beginners and experts can use forex signals to invest, let's see what other advantages they have.

»Trading automation

When we dedicate ourselves to working in the financial world, none of us can spend 24 hours in front of the computer waiting to perform the perfect operation, it is impossible.
That is why Forex signals are important, because, in order to carry out our investments, all we will have to do is wait for those signals to arrive, be attentive to all the alerts we receive, and thus, operate at the right time according to the opportunities that have arisen.
It is fantastic to have a tool like this one that makes our work easier in this regard.

»Carry out profitable Forex operations

These signals are also important, because the vast majority of them are usually quite profitable, for this reason, we must get an alert system that provides us with accurate information so that our operations can bring us great benefits.
But in addition, these Forex signals have an added value and that is that they are very easy to understand, therefore, we will have a very useful tool at hand that will not be complicated and will end up being a very beneficial weapon for us.

»Decision support analysis

A system of currency market signals is also very important because it will help us to make our subsequent decisions.
We cannot forget that, to carry out any type of operation in this market, previously, we must meditate well and know the exact moment when we will know that our investments are going to bring us profits .
Therefore, all the information provided by these alerts will be a fantastic basis for future operations that we are going to carry out.

»Trading Signals made by professionals

Finally, we have to recall the idea that these signals are made by the best professionals. Financial experts who know perfectly how to analyze the movements that occur in the market and changes in prices.
Hence the importance of alerts, since they are very reliable and are presented as a necessary tool to operate in Forex and that our operations are as profitable as possible.

What should a signal provider be like?

https://preview.redd.it/j0ne51jypny51.png?width=640&format=png&auto=webp&s=5578ff4c42bd63d5b6950fc6401a5be94b97aa7f
As you have seen, Forex signal systems are really important for our operations to bring us many benefits. For this reason, at present, there are multiple platforms that offer us these financial services so that investing in currencies is very simple and fast.
Before telling you about the main services that we currently have available in the market, it is recommended that you know what are the main characteristics that a good signal provider should have, so that, at the time of your choice, you are clear that you have selected one of the best systems.

»Must send us information on the main currency pairs

In this sense, one of the first things we have to comment on is that a good signal provider, at a minimum, must send us alerts that offer us information about the 6 main currencies, in this case, we refer to the euro, dollar, The pound, the yen, the Swiss franc, and the Canadian dollar.
Of course, the data you provide us will be related to the pairs that make up all these currencies. Although we can also find systems that offer us information about other minorities, but as we have said, at a minimum, we must know these 6.

»Trading tools to operate better

Likewise, signal providers must also provide us with a large number of tools so that we can learn more about the Forex market.
We refer, for example, to technical analysis above all, which will help us to develop our own strategies to be able to operate in this market.
These analyzes are always prepared by professionals and study, mainly, the assets that we have available to invest.

»Different Forex signals reception channels

They must also make available to us different ways through which they will send us the Forex signals, the usual thing is that we can acquire them through the platform's website, or by a text message and even through our email.
In addition, it is recommended that the signal system we choose sends us a large number of alerts throughout the day, in order to have a wide range of possibilities.

»Free account and customer service

Other aspects that we must take into account to choose a good signal provider is whether we have the option of receiving, for a limited time, alerts for free or the profitability of the signals they emit to us.
Similarly, a final aspect that we must emphasize is that a good signal system must also have excellent customer service, which is available to us 24 hours a day and that we can contact them at through an email, a phone number, or a live chat, for greater immediacy.
Well, having said all this, in our last section we are going to tell you which are the best services currently on the market. That is, the most suitable Forex signal platforms to be able to work with them and carry out good operations. In this case, we will talk about ForexPro Signals, 365 Signals and Binary Signals.

Forex Signals Reddit: conclusion

To be able to invest properly in the Forex market, it is convenient that we get a signal system that provides us with all the necessary information about this market. It must be remembered that Forex is a very volatile market and therefore, many movements tend to occur quickly.
Asset prices can change in a matter of seconds, hence the importance of having a system that helps us analyze the market and thus know, what is the right time for us to start operating.
Therefore, although there are currently many signal systems that can offer us good services, the three that we have mentioned above are the ones that are best valued by users, which is why they are the best signal providers that we can choose to carry out. our investments.
Most of these alerts are quite profitable and in addition, these systems usually emit a large number of signals per day with full guarantees. For all this, SignalsForexPro, Signals365, or SignalsBinary are presented as fundamental tools so that we can obtain a greater number of benefits when we carry out our operations in the currency market.
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WikiFX: the murky business and the murkier methods

WikiFX: the murky business and the murkier methods
https://preview.redd.it/1rf74ljv34l51.png?width=960&format=png&auto=webp&s=566235871ce22dd3078f0532dfb672bff6eb0707
The irony of financial markets is that this business that officially has got as much regulation as arms trafficking, has also got the same problem –- numerous illegal entities that evolve around the niche.
Scam brokers, funds recovery services that rob the robbed traders, HYIPs, “learn how to make millions overnight” trading courses and a number of other schemes all tend to exploit the weak point of human nature – the belief that there is the magic device with the “MORE MONEY” button out there, that someone can sell you.

A thief shouting “Thief!”

Considering the above there is a high demand in society for truthful and unbiased information about the market players. WikiFX claims to be the provider of such honest information about brokers but in fact, makes money by blackmailing brokers and promoting any company that offers to pay enough in their rankings.
WikiFX is a classic illustration of a thief shouting “Get the thief!” louder than anybody else in the crowd. The strategy works unfortunately and traders tend to trust WikiFx broker’s ratings without questioning what these ratings are based on and who sponsors this global brokers’ database.

Paving the road with some good intentions

Even the most horrible crimes against humanity were done under the cover of best intentions. Starting with the first crusades and ending with the holocaust. There are always some sound arguments, protected people and reliable methods.
Ask any trader whether each forex broker must be regulated by a third party? The answer will be “yes” with a near 100% probability and this answer is totally correct. Know-your-customer procedures and some unbiased third-party control are essential for maintaining the overall transparency of any business in a sphere of finance. This is the argument that WikiFX starts with when promoting its service and there is absolutely no point to argue. Starting with an indisputable truth is a good strategy to win the debate.
“The long-term presence on the market adds credibility”, – says WikiFX, and hears “yes” again.
“Don’t you agree that the longer the company is in the business, the better?”. “Sure”, – the trader agrees one more time.
The mission is completed. This is when the broker ranker can add any other criteria to their appraisal methods. Traders will tend to trust the service because they’ve agreed upon the most important criteria. The rest are minor details.
But what if the rest of the appraisal methods are not just minor issues? What if these details can be the means to manipulate the facts as much as they want to?

Can WikiFX appraisal criteria be trusted?

If we take a look at any broker’s WikiFX rating, we can see that the criteria of appraisal are the following:
  • The year of registration
  • Regulations
  • Market Making license
  • Software license
For example, this is what the top-rated broker’s summary looks like at WikiFX:
WikiFX Forex com example
https://preview.redd.it/t4ugtbt344l51.png?width=625&format=png&auto=webp&s=95fddf8434faf8938d1a3f18bbd5f1da2ceb47e4
Looks good. Really. Regardless of the attitude to this particular brokerage, the work seems to be done fine. All the regulators are listed below, the information on the used software, licensing, and years of operation is included.
But what if we take some other random brokerage with one of the lowest rankings at WikiFX?
NinjaTraderBrokerage WIkiFX Ranking
https://preview.redd.it/pgyqp0u644l51.png?width=631&format=png&auto=webp&s=eb268faac83608a494c31a39eb1621f7132e3520
This is where the truth reveals itself. Once again, regardless of the attitude to this particular brokerage this is really easy to find out what they do, what licenses they’ve got and what kind of software they use.
Suspicious clone? Seriously? If WikiFX staff cared enough to do any investigation prior to stamping that “Suspicious” mark on the brokerage, they would have seen that both domains, nijatrader com and ninjatraderbrokerage com belong to the same entity.
NinyaTrader whois data
https://preview.redd.it/2097lkw944l51.png?width=563&format=png&auto=webp&s=079cc4248b825a3cd941c6b691a67bb9769f4f7f
If they cared enough to collect information on the brokerage from at least one reliable source, like Investopedia or any other similarly known database, they would also have found out that the company not only provides the brokerage service, but also is known for its trading platform with advanced technical analysis tools. But the only trading software that WikiFX considers reliable seems to be MT4/MT5. They simply ignore the fact that trading does not evolve around MetaTrader products, no matter how good and popular they are. WikiFX lowers the score of any brokerage with custom-developed software. We can clearly see this with the above example.
Other criteria that WikiFX is proud to use for the broker’s appraisal are regulations. Using the same example let’s see how well they do the appraisal in this field. As you can see above, WikiFX used the “Suspicious Regulatory License” stamp for NinjaTrader Brokerage.
And here is what The National Futures Association, that NinjaTrader is registered with as a futures broker has on its record:
NFA regulation of NTB proof that WikiFX did not consider to be trustworthy

https://preview.redd.it/di8fwkdd44l51.png?width=629&format=png&auto=webp&s=2de618d5df26bd8fcca99c51a6030f4bdfa7f776
We can’t expect every trader to know that any futures broker that wants to operate on the US market must be a member of NFA. This is the requirement of the Commodity Futures Trading Commission regarding the futures broker’s operations. But this is totally unacceptable for a broker ranking website, which WikiFX claims to be, to mark NFA-registered futures brokerage as non-reliable.
By the way, did you notice on the above screenshot that NTB has obtained the NFA license in 2004? Yet, this does not prevent WikiFX from claiming that the brokerage has only been providing its services for 1-2 years only, instead of the factual 16 years of operations.
We can long discuss the reasons that lie behind such selectivity of WikiFX but this random example clearly shows that any brokerage that provides access to non-forex derivatives trading or dares to suggest custom-developed software to its traders is in danger of receiving a negative review at WikiFX regardless of the factual reliability and regulations.

What lies beneath WikiFX selectivity?

WikiFX claims to have a team of professionals that are all involved in objective appraisal of broker’s services, licenses and used software. The methods used by these professionals remain unrevealed and as we see from the above comparison two similarly reliable brokerages can get any score from 1.0 and up to 10.0 at WikiFX, no matter what regulations they’ve got, for how long they’ve been in the business and what kind of software they use.
This is difficult to say what lies behind such selectivity with 100% confidence. The first thing that comes to mind is that WikiFX might be affiliated with some brokers. The hypothesis gets even more realistic if we try to understand who sponsors WikiFX.
There are no transparent built-in ads neither on the web-version of the website nor in its applications. There are no paid subscriptions for access to the database. This means that users sponsor the service with neither their attention to ads nor directly. Being the non-charity and non-governmental organization WikiFX can’t be sponsored with donations or a government. The only option that we have left is that brokers sponsor this ranking system directly, which automatically makes the whole system non-reliable and highly biased.
The only transparent method that we know WikiFX uses to collect money is sponsorship fees they collect from their offline events participants. Let’s have a look at the exhibitors of the recent WikiFX Expo in Thailand.
WikiFX Expo Exhibitors

  • TLC is a non-regulated investment platform that was founded in 2019
  • Samtrade FX is not regulated by any of the agencies that WikiFX itself lists as reliable
  • Forex4you is not regulated by any of the agencies that WikiFX itself lists as reliable
  • B2 Broker is a non-regulated broker
  • XDL FX is a non-regulated broker
  • VAT FX is a non-regulated broker
    Six out of sixteen WikiFX recent expo exhibitors do not have proper legal status according to the “standards” of WikiFX itself. This fact does not prevent them from promoting the services of these companies at their offline events. This conspicuous fact tells a lot about the attitude of WikiFX to common traders looking for reliable partners. Reputation is nothing but a sale item for this brokers’ ranking system.

Murky & Murkier

So far we’ve only discussed the facts that anyone can check himself using free tools and sources.
It was not that difficult to discover that WikiFX uses non-transparent standards for brokers’ appraisal. It ignores the specifics of some brokerages lowering their scores due to non-standard derivatives they offer to trade or custom trading software. It also promotes non-regulated and non-licensed brokerages, which is 100% against the declared WikiFX values and mission.
The rumors are that this company was also noticed blackmailing brokers with the purpose of making them pay for better reviews at WikiFX. There are also some signs that indicate suspicious promotion of WikiFX platform through social media and Quora. Some of the WikiFX positive reviews also look highly suspicious. All of the above is a matter of further investigation.
Nevertheless, thousands of users keep relying on the information provided by this scam ranking system. It may even look like all these users are satisfied. WikiFX has got 4.5 starts at Google Play, which sounds good enough. However, positive WikiFX reviews use similar semantics and are also highly suspicious. Despite the high average grade, Google Play finds the following messages to be most relevant and brings them to the top of WikiFX reviews:
Google Play most relevant WikiFX reviews

https://preview.redd.it/kftutvcl44l51.png?width=532&format=png&auto=webp&s=1ccb74ee156388285a2fab711dd604945c04377c

You’ve got the facts now and it’s time to make your own conclusions.

submitted by WorriedXVanilla to u/WorriedXVanilla [link] [comments]

Forex Trading - Getting Started

Forex Trading: a Beginner's Guide
The forex market is the world's largest international currency trading market operating non-stop during the working week. Most forex trading is done by professionals such as bankers. Generally forex trading is done through a forex broker - but there is nothing to stop anyone trading currencies. Forex currency trading allows buyers and sellers to buy the currency they need for their business and sellers who have earned currency to exchange what they have for a more convenient currency. The world's largest banks dominate forex and according to a survey in The Wall Street Journal Europe, the ten most active traders who are engaged in forex trading account for almost 73% of trading volume.
However, a sizeable proportion of the remainder of forex trading is speculative with traders building up an investment which they wish to liquidate at some stage for profit. While a currency may increase or decrease in value relative to a wide range of currencies, all forex trading transactions are based upon currency pairs. So, although the Euro may be 'strong' against a basket of currencies, traders will be trading in just one currency pair and may simply concern themselves with the Euro/US Dollar ( EUUSD) ratio. Changes in relative values of currencies may be gradual or triggered by specific events such as are unfolding at the time of writing this - the toxic debt crisis.
Because the markets for currencies are global, the volumes traded every day are vast. For the large corporate investors, the great benefits of trading on Forex are:

From the point of view of the smaller trader there's lots of benefits too, such as:

How the forex Market Works
As forex is all about foreign exchange, all transactions are made up from a currency pair - say, for instance, the Euro and the US Dollar. The basic tool for trading forex is the exchange rate which is expressed as a ratio between the values of the two currencies such as EUUSD = 1.4086. This value, which is referred to as the 'forex rate' means that, at that particular time, one Euro would be worth 1.4086 US Dollars. This ratio is always expressed to 4 decimal places which means that you could see a forex rate of EUUSD = 1.4086 or EUUSD = 1.4087 but never EUUSD = 1.40865. The rightmost digit of this ratio is referred to as a 'pip'. So, a change from EUUSD = 1.4086 to EUUSD = 1.4088 would be referred to as a change of 2 pips. One pip, therefore is the smallest unit of trade.
With the forex rate at EUUSD = 1.4086, an investor purchasing 1000 Euros using dollars would pay $1,408.60. If the forex rate then changed to EUUSD = 1.5020, the investor could sell their 1000 Euros for $1,502.00 and bank the $93.40 as profit. If this doesn't seem to be large amount to you, you have to put the sum into context. With a rising or falling market, the forex rate does not simply change in a uniform way but oscillates and profits can be taken many times per day as a rate oscillates around a trend.
When you're expecting the value EUUSD to fall, you might trade the other way by selling Euros for dollars and buying then back when the forex rate has changed to your advantage.
Is forex Risky?
When you trade on forex as in any form of currency trading, you're in the business of currency speculation and it is just that - speculation. This means that there is some risk involved in forex currency trading as in any business but you might and should, take steps to minimise this. You can always set a limit to the downside of any trade, that means to define the maximum loss that you are prepared to accept if the market goes against you - and it will on occasions.
The best insurance against losing your shirt on the forex market is to set out to understand what you're doing totally. Search the internet for a good forex trading tutorial and study it in detail- a bit of good forex education can go a long way!. When there's bits you don't understand, look for a good forex trading forum and ask lots and lots of questions. Many of the people who habitually answer your queries on this will have a good forex trading blog and this will probably not only give you answers to your questions but also provide lots of links to good sites. Be vigilant, however, watch out for forex trading scams. Don't be too quick to part with your money and investigate anything very well before you shell out any hard-earned!
The forex Trading Systems
While you may be right in being cautious about any forex trading system that's advertised, there are some good ones around. Most of them either utilise forex charts and by means of these, identify forex trading signals which tell the trader when to buy or sell. These signals will be made up of a particular change in a forex rate or a trend and these will have been devised by a forex trader who has studied long-term trends in the market so as to identify valid signals when they occur. Many of the systems will use forex trading software which identifies such signals from data inputs which are gathered automatically from market information sources. Some utilise automated forex trading software which can trigger trades automatically when the signals tell it to do so. If these sound too good to be true to you, look around for online forex trading systems which will allow you undertake some dummy trading to test them out. by doing this you can get some forex trading training by giving them a spin before you put real money on the table.
How Much do you Need to Start off with?
This is a bit of a 'How long is a piece of string?' question but there are ways for to be beginner to dip a toe into the water without needing a fortune to start with. The minimum trading size for most trades on forex is usually 100,000 units of any currency and this volume is referred to as a standard "lot". However, there are many firms which offer the facility to purchase in dramatically-smaller lots than this and a bit of internet searching will soon locate these. There's many adverts quoting only a couple of hundred dollars to get going! You will often see the term acciones trading forex and this is just a general term which covers the small guy trading forex. Small-scale trading facilities such as these are often called as forex mini trading.
Where do You Start?
The single most obvious answer is of course - on the internet! Online forex trading gives you direct access to the forex market and there's lots and lots of companies out there who are in business just to deal with you online. Be vigilant, do spend the time to get some good forex trading education, again this can be provided online and set up your dummy account to trade before you attempt to go live. If you take care and take your time, there's no reason why you shouldn't be successful in forex trading so, have patience and stick at it!
submitted by Ozone21337 to WallstreetForexRobotf [link] [comments]

Day Trading University and Trade Company Money

Day Trading University and Trade Company Money
So this one is interesting. A forex trading program that has three "proprietary" indicators that have been producing 90% successful trades for 20+ years. They give you a 30 day demo experience in which you download software, webinars, a coach whom you actually speak with every few days, and other shit. There are even in person events and conferences.
I notice that this system is pitched on numerous websites, but the training is all the same site (https://secureonlinedaytradinguniversity.com/

The one I am in contact with is www.tradecompanymoney.com

They give you a company funded account and you keep 60-80% of the profits depending on which coaching program you choose. These Programs range from $7500-$22,000! Thats not a typo. $22,000! They encourage people to get a loan and damn near guarantee you can pay it off in less than a year, because of all the money you are going to make.

The three indicators are apparently found no where else. They are essentially an algorithmic hack. I posted a picture of what it looks like below. Just a bunch of lines that follow candles during live trading. They literally tell you when to trigger a trade based on their position. They are the Total Number Threshold indicator (TNT), Majors and Minors, and Pressure indicator. I posted a pic of it.

What stands out to me is:

I see no discussions of this on Reddit or anywhere else
They are SOOO Damn expensive compared to all the other scams.
Trade company money's youtube channel has comments disabled. huh?
The software is old 90's microsoft style.

Has anyone else heard of this, or seen a variation of it?


https://preview.redd.it/ifx4xo7evfy41.png?width=1280&format=png&auto=webp&s=e08a51eab926d4cc4e8f2145d49ee8977c32997f
submitted by scartissue101 to Daytrading [link] [comments]

Which are your Top 5 favourite coins out of the Top 100? An analysis.

I am putting together my investment portfolio for 2018 and made a complete summary of the current Top 100. Interestingly, I noticed that all coins can be categorized into 12 markets. Which markets do you think will play the biggest role in the coming year?
Here is a complete overview of all coins in an excel sheet including name, market, TPS, risk profile, time since launch (negative numbers mean that they are launching that many months in the future) and market cap. You can also sort by all of these fields of course. Coins written in bold are the strongest contenders within their market either due to having the best technology or having a small market cap and still excellent technology and potential. https://docs.google.com/spreadsheets/d/1s8PHcNvvjuy848q18py_CGcu8elRGQAUIf86EYh4QZo/edit#gid=0
The 12 markets are
  1. Currency 13 coins
  2. Platform 25 coins
  3. Ecosystem 9 coins
  4. Privacy 10 coins
  5. Currency Exchange Tool 8 coins
  6. Gaming & Gambling 5 coins
  7. Misc 15 coins
  8. Social Network 4 coins
  9. Fee Token 3 coins
  10. Decentralized Data Storage 4 coins
  11. Cloud Computing 3 coins
  12. Stable Coin 2 coins
Before we look at the individual markets, we need to take a look of the overall market and its biggest issue scalability first:
Cryptocurrencies aim to be a decentralized currency that can be used worldwide. Its goal is to replace dollar, Euro, Yen, all FIAT currencies worldwide. The coin that will achieve that will be worth several trillion dollars.
Bitcoin can only process 7 transactions per second (TPS). In order to replace all FIAT, it would need to perform at at least VISA levels, which usually processes around 3,000 TPS, up to 25,000 TPS during peak times and a maximum of 64,000 TPS. That means that this cryptocurrency would need to be able to perform at least several thousand TPS. However, a ground breaking technology should not look at current technology to set a goal for its use, i.e. estimating the number of emails sent in 1990 based on the number of faxes sent wasn’t a good estimate.
For that reason, 10,000 TPS is the absolute baseline for a cryptocurrency that wants to replace FIAT. This brings me to IOTA, which wants to connect all 80 billion IoT devices that are expected to exist by 2025, which constantly communicate with each other, creating 80 billion or more transactions per second. This is the benchmark that cryptocurrencies should be aiming for. Currently, 8 billion devices are connected to the Internet.
With its Lightning network recently launched, Bitcoin is realistically looking at 50,000 possible soon. Other notable cryptocurrencies besides IOTA and Bitcoin are Nano with 7,000 TPS already tested, Dash with several billion TPS possible with Masternodes, Neo, LISK and RHOC with 100,000 TPS by 2020, Ripple with 50,000 TPS, Ethereum with 10,000 with Sharding.
However, it needs to be said that scalability usually goes at the cost of decentralization and security. So, it needs to be seen, which of these technologies can prove itself resilient and performant.
Without further ado, here are the coins of the first market

Market 1 - Currency:

  1. Bitcoin: 1st generation blockchain with currently bad scalability currently, though the implementation of the Lightning Network looks promising and could alleviate most scalability concerns, scalability and high energy use.
  2. Ripple: Centralized currency that might become very successful due to tight involvement with banks and cross-border payments for financial institutions; banks and companies like Western Union and Moneygram (who they are currently working with) as customers customers. However, it seems they are aiming for more decentralization now.https://ripple.com/dev-blog/decentralization-strategy-update/. Has high TPS due to Proof of Correctness algorithm.
  3. Bitcoin Cash: Bitcoin fork with the difference of having an 8 times bigger block size, making it 8 times more scalable than Bitcoin currently. Further block size increases are planned. Only significant difference is bigger block size while big blocks lead to further problems that don't seem to do well beyond a few thousand TPS. Opponents to a block size argue that increasing the block size limit is unimaginative, offers only temporary relief, and damages decentralization by increasing costs of participation. In order to preserve decentralization, system requirements to participate should be kept low. To understand this, consider an extreme example: very big blocks (1GB+) would require data center level resources to validate the blockchain. This would preclude all but the wealthiest individuals from participating.Community seems more open than Bitcoin's though.
  4. Litecoin : Little brother of Bitcoin. Bitcoin fork with different mining algorithm but not much else.Copies everything that Bitcoin does pretty much. Lack of real innovation.
  5. Dash: Dash (Digital Cash) is a fork of Bitcoin and focuses on user ease. It has very fast transactions within seconds, low fees and uses Proof of Service from Masternodes for consensus. They are currently building a system called Evolution which will allow users to send money using usernames and merchants will find it easy to integrate Dash using the API. You could say Dash is trying to be a PayPal of cryptocurrencies. Currently, cryptocurrencies must choose between decentralization, speed, scalability and can pick only 2. With Masternodes, Dash picked speed and scalability at some cost of decentralization, since with Masternodes the voting power is shifted towards Masternodes, which are run by Dash users who own the most Dash.
  6. IOTA: 3rd generation blockchain called Tangle, which has a high scalability, no fees and instant transactions. IOTA aims to be the connective layer between all 80 billion IOT devices that are expected to be connected to the Internet in 2025, possibly creating 80 billion transactions per second or 800 billion TPS, who knows. However, it needs to be seen if the Tangle can keep up with this scalability and iron out its security issues that have not yet been completely resolved.
  7. Nano: 3rd generation blockchain called Block Lattice with high scalability, no fees and instant transactions. Unlike IOTA, Nano only wants to be a payment processor and nothing else, for now at least. With Nano, every user has their own blockchain and has to perform a small amount of computing for each transaction, which makes Nano perform at 300 TPS with no problems and 7,000 TPS have also been tested successfully. Very promising 3rd gen technology and strong focus on only being the fastest currency without trying to be everything.
  8. Decred: As mining operations have grown, Bitcoin’s decision-making process has become more centralized, with the largest mining companies holding large amounts of power over the Bitcoin improvement process. Decred focuses heavily on decentralization with their PoW Pos hybrid governance system to become what Bitcoin was set out to be. They will soon implement the Lightning Network to scale up. While there do not seem to be more differences to Bitcoin besides the novel hybrid consensus algorithm, which Ethereum, Aeternity and Bitcoin Atom are also implementing, the welcoming and positive Decred community and professoinal team add another level of potential to the coin.
  9. Aeternity: We’ve seen recently, that it’s difficult to scale the execution of smart contracts on the blockchain. Crypto Kitties is a great example. Something as simple as creating and trading unique assets on Ethereum bogged the network down when transaction volume soared. Ethereum and Zilliqa address this problem with Sharding. Aeternity focuses on increasing the scalability of smart contracts and dapps by moving smart contracts off-chain. Instead of running on the blockchain, smart contracts on Aeternity run in private state channels between the parties involved in the contracts. State channels are lines of communication between parties in a smart contract. They don’t touch the blockchain unless they need to for adjudication or transfer of value. Because they’re off-chain, state channel contracts can operate much more efficiently. They don’t need to pay the network for every time they compute and can also operate with greater privacy. An important aspect of smart contract and dapp development is access to outside data sources. This could mean checking the weather in London, score of a football game, or price of gold. Oracles provide access to data hosted outside the blockchain. In many blockchain projects, oracles represent a security risk and potential point of failure, since they tend to be singular, centralized data streams. Aeternity proposes decentralizing oracles with their oracle machine. Doing so would make outside data immutable and unchangeable once it reaches Aeternity’s blockchain. Of course, the data source could still be hacked, so Aeternity implements a prediction market where users can bet on the accuracy and honesty of incoming data from various oracles.It also uses prediction markets for various voting and verification purposes within the platform. Aeternity’s network runs on on a hybrid of proof of work and proof of stake. Founded by a long-time crypto-enthusiast and early colleague of Vitalik Buterin, Yanislav Malahov. Promising concept though not product yet
  10. Bitcoin Atom: Atomic Swaps and hybrid consenus. This looks like the only Bitcoin clone that actually is looking to innovate next to Bitcoin Cash.
  11. Dogecoin: Litecoin fork, fantastic community, though lagging behind a bit in technology.
  12. Bitcoin Gold: A bit better security than bitcoin through ASIC resistant algorithm, but that's it. Not that interesting.
  13. Digibyte: Digibyte's PoS blockchain is spread over a 100,000+ servers, phones, computers, and nodes across the globe, aiming for the ultimate level of decentralization. DigiByte rebalances the load between the five mining algorithms by adjusting the difficulty of each so one algorithm doesn’t become dominant. The algorithm's asymmetric difficulty has gained notoriety and been deployed in many other blockchains.DigiByte’s adoption over the past four years has been slow. It’s still a relatively obscure currency compared its competitors. The DigiByte website offers a lot of great marketing copy and buzzwords. However, there’s not much technical information about what they have planned for the future. You could say Digibyte is like Bitcoin, but with shorter blocktimes and a multi-algorithm. However, that's not really a difference big enough to truly set themselves apart from Bitcoin, since these technologies could be implemented by any blockchain without much difficulty. Their decentralization is probably their strongest asset, however, this also change quickly if the currency takes off and big miners decide to go into Digibyte.
  14. Bitcoin Diamond Asic resistant Bitcoin and Copycat

Market 2 - Platform

Most of the cryptos here have smart contracts and allow dapps (Decentralized apps) to be build on their platform and to use their token as an exchange of value between dapp services.
  1. Ethereum: 2nd generation blockchain that allows the use of smart contracts. Bad scalability currently, though this concern could be alleviated by the soon to be implemented Lightning Network aka Plasma and its Sharding concept.
  2. EOS: Promising technology that wants to be able do everything, from smart contracts like Ethereum, scalability similar to Nano with 1000 tx/second + near instant transactions and zero fees, to also wanting to be a platform for dapps. However, EOS doesn't have a product yet and everything is just promises still. Highly overvalued right now. However, there are lots of red flags, have dumped $500 million Ether over the last 2 months and possibly bought back EOS to increase the size of their ICO, which has been going on for over a year and has raised several billion dollars. All in all, their market cap is way too high for that and not even having a product.
  3. Cardano: Similar to Ethereum/EOS, however, only promises made with no delivery yet, highly overrated right now. Interesting concept though. Market cap way too high for not even having a product. Somewhat promising technology.
  4. VeChain: Singapore-based project that’s building a business enterprise platform and inventory tracking system. Examples are verifying genuine luxury goods and food supply chains. Has one of the strongest communities in the crypto world. Most hyped token of all, with merit though.
  5. Neo: Neo is a platform, similar to Eth, but more extensive, allowing dapps and smart contracts, but with a different smart contract gas system, consensus mechanism (PoS vs. dBfT), governance model, fixed vs unfixed supply, expensive contracts vs nearly free contracts, different ideologies for real world adoption. There are currently only 9 nodes, each of which are being run by a company/entity hand selected by the NEO council (most of which are located in china) and are under contract. This means that although the locations of the nodes may differ, ultimately the neo council can bring them down due to their legal contracts. In fact this has been done in the past when the neo council was moving 50 million neo that had been locked up. Also dbft (or neo's implmentation of it) has failed underload causing network outages during major icos. The first step in decentralization is that the NEO Counsel will select trusted nodes (Universities, business partners, etc.) and slowly become less centralized that way. The final step in decentralization will be allowing NEO holders to vote for new nodes, similar to a DPoS system (ARK/EOS/LISK). NEO has a regulation/government friendly ideology. Finally they are trying to work undewith the Chinese government in regards to regulations. If for some reason they wanted it shut down, they could just shut it down.
  6. Stellar: PoS system, similar goals as Ripple, but more of a platform than only a currency. 80% of Stellar are owned by Stellar.org still, making the currency centralized.
  7. Ethereum classic: Original Ethereum that decided not to fork after a hack. The Ethereum that we know is its fork. Uninteresing, because it has a lot of less resources than Ethereum now and a lot less community support.
  8. Ziliqa: Zilliqa is building a new way of sharding. 2400 tpx already tested, 10,000 tps soon possible by being linearly scalable with the number of nodes. That means, the more nodes, the faster the network gets. They are looking at implementing privacy as well.
  9. QTUM: Enables Smart contracts on the Bitcoin blockchain. Useful.
  10. Icon: Korean ethereum. Decentralized application platform that's building communities in partnership with banks, insurance providers, hospitals, and universities. Focused on ID verification and payments. No big differentiators to the other 20 Ethereums, except that is has a product. That is a plus. Maybe cheap alternative to Ethereum.
  11. LISK: Lisk's difference to other BaaS is that side chains are independent to the main chain and have to have their own nodes. Similar to neo whole allows dapps to deploy their blockchain to. However, Lisk is currently somewhat centralized with a small group of members owning more than 50% of the delegated positions. Lisk plans to change the consensus algorithm for that reason in the near future.
  12. Rchain: Similar to Ethereum with smart contract, though much more scalable at an expected 40,000 TPS and possible 100,000 TPS. Not launched yet. No product launched yet, though promising technology. Not overvalued, probably at the right price right now.
  13. ARDR: Similar to Lisk. Ardor is a public blockchain platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. A child chain, which is a ‘light’ blockchain that can be customized to a certain extent, is designed to allow easy self-deploy for your own blockchain. Nxt claims that users will "not need to worry" about security, as that part is now handled by the main chain (Ardor). This is the chief innovation of Ardor. Ardor was evolved from NXT by the same company. NEM started as a NXT clone.
  14. Ontology: Similar to Neo. Interesting coin
  15. Bytom: Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.
  16. Nxt: Similar to Lisk
  17. Stratis: Different to LISK, Stratis will allow businesses and organizations to create their own blockchain according to their own needs, but secured on the parent Stratis chain. Stratis’s simple interface will allow organizations to quickly and easily deploy and/or test blockchain functionality of the Ethereum, BitShares, BitCoin, Lisk and Stratis environements.
  18. Status: Status provides access to all of Ethereum’s decentralized applications (dapps) through an app on your smartphone. It opens the door to mass adoption of Ethereum dapps by targeting the fastest growing computer segment in the world – smartphone users.16. Ark: Fork of Lisk that focuses on a smaller feature set. Ark wallets can only vote for one delegate at a time which forces delegates to compete against each other and makes cartel formations incredibly hard, if not impossible.
  19. Neblio: Similar to Neo, but 30x smaller market cap.
  20. NEM: Is similar to Neo No marketing team, very high market cap for little clarilty what they do.
  21. Bancor: Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.
  22. Dragonchain: The Purpose of DragonChain is to help companies quickly and easily incorporate blockchain into their business applications. Many companies might be interested in making this transition because of the benefits associated with serving clients over a blockchain – increased efficiency and security for transactions, a reduction of costs from eliminating potential fraud and scams, etc.
  23. Skycoin: Transactions with zero fees that take apparently two seconds, unlimited transaction rate, no need for miners and block rewards, low power usage, all of the usual cryptocurrency technical vulnerabilities fixed, a consensus mechanism superior to anything that exists, resistant to all conceivable threats (government censorship, community infighting, cybenucleaconventional warfare, etc). Skycoin has their own consensus algorithm known as Obelisk written and published academically by an early developer of Ethereum. Obelisk is a non-energy intensive consensus algorithm based on a concept called ‘web of trust dynamics’ which is completely different to PoW, PoS, and their derivatives. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycion a smear campaign launched against it, though they seem legit and reliable. Thus, they are probably undervalued.

Market 3 - Ecosystem

The 3rd market with 11 coins is comprised of ecosystem coins, which aim to strengthen the ease of use within the crypto space through decentralized exchanges, open standards for apps and more
  1. Nebulas: Similar to how Google indexes webpages Nebulas will index blockchain projects, smart contracts & data using the Nebulas rank algorithm that sifts & sorts the data. Developers rewarded NAS to develop & deploy on NAS chain. Nebulas calls this developer incentive protocol – basically rewards are issued based on how often dapp/contract etc. is used, the more the better the rewards and Proof of devotion. Works like DPoS except the best, most economically incentivised developers (Bookkeeppers) get the forging spots. Ensuring brains stay with the project (Cross between PoI & PoS). 2,400 TPS+, DAG used to solve the inter-transaction dependencies in the PEE (Parallel Execution Environment) feature, first crypto Wallet that supports the Lightening Network.
  2. Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.
  3. Salt: Leveraging blockchain assets to secure cash loands. Plans to offer cash loans in traditional currencies, backed by your cryptocurrency assets. Allows lenders worldwide to skip credit checks for easier access to affordable loans.
  4. CHAINLINK: ChainLink is a decentralized oracle service, the first of its kind. Oracles are defined as an ‘agent’ that finds and verifies real-world occurrences and submits this information to a blockchain to be used in smart contracts.With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain and smart contracts. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain. The difference to Aeternity is that Chainlink deploys the smart contracts on the Ethereum blockchain while Aeternity has its own chain.
  5. WTC: Combines blockchain with IoT to create a management system for supply chains Interesting
  6. Ethos unifyies all cryptos. Ethos is building a multi-cryptocurrency phone wallet. The team is also building an investment diversification tool and a social network
  7. Aion: Aion is the token that pays for services on the Aeternity platform.
  8. USDT: is no cryptocurrency really, but a replacement for dollar for trading After months of asking for proof of dollar backing, still no response from Tether.

Market 4 - Privacy

The 4th market are privacy coins. As you might know, Bitcoin is not anonymous. If the IRS or any other party asks an exchange who is the identity behind a specific Bitcoin address, they know who you are and can track back almost all of the Bitcoin transactions you have ever made and all your account balances. Privacy coins aim to prevent exactly that through address fungability, which changes addresses constantly, IP obfuscation and more. There are 2 types of privacy coins, one with completely privacy and one with optional privacy. Optional Privacy coins like Dash and Nav have the advantage of more user friendliness over completely privacy coins such as Monero and Enigma.
  1. Monero: Currently most popular privacy coin, though with a very high market cap. Since their privacy is all on chain, all prior transactions would be deanonymized if their protocol is ever cracked. This requires a quantum computing attack though. PIVX is better in that regard.
  2. Zcash: A decentralized and open-source cryptocurrency that hide the sender, recipient, and value of transactions. Offers users the option to make transactions public later for auditing. Decent privacy coin, though no default privacy
  3. Verge: Calls itself privacy coin without providing private transactions, multiple problems over the last weeks has a toxic community, and way too much hype for what they have.
  4. Bytecoin: First privacy-focused cryptocurrency with anonymous transactions. Bytecoin’s code was later adapted to create Monero, the more well-known anonymous cryptocurrency. Has several scam accusations, 80% pre-mine, bad devs, bad tech
  5. Bitcoin Private: A merge fork of Bitcoin and Zclassic with Zclassic being a fork of Zcash with the difference of a lack of a founders fee required to mine a valid block. This promotes a fair distribution, preventing centralized coin ownership and control. Bitcoin private offers the optional ability to keep the sender, receiver, and amount private in a given transaction. However, this is already offered by several good privacy coins (Monero, PIVX) and Bitcoin private doesn't offer much more beyond this.
  6. Komodo: The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol and decentralized crowdfunding (ICO) platform to remove middlemen from project funding. Offers services for startups to create and manage their own Blockchains.
  7. PIVX: As a fork of Dash, PIVX uses an advanced implementation of the Zerocoin protocol to provide it’s privacy. This is a form of zeroknowledge proofs, which allow users to spend ‘Zerocoins’ that have no link back to them. Unlike Zcash u have denominations in PIVX, so they can’t track users by their payment amount being equal to the amount of ‘minted’ coins, because everyone uses the same denominations. PIVX is also implementing Bulletproofs, just like Monero, and this will take care of arguably the biggest weakness of zeroknowledge protocols: the trusted setup.
  8. Zcoin: PoW cryptocurrency. Private financial transactions, enabled by the Zerocoin Protocol. Zcoin is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs.
  9. Enigma: Monero is to Bitcoin what enigma is to Ethereum. Enigma is for making the data used in smart contracts private. More of a platform for dapps than a currency like Monero. Very promising.
  10. Navcoin: Like bitcoin but with added privacy and pos and 1,170 tps, but only because of very short 30 second block times. Though, privacy is optional, but aims to be more user friendly than Monero. However, doesn't really decide if it wants to be a privacy coin or not. Same as Zcash.Strong technology, non-shady team.
  11. Tenx: Raised 80 million, offers cryptocurrency-linked credit cards that let you spend virtual money in real life. Developing a series of payment platforms to make spending cryptocurrency easier. However, the question is if full privacy coins will be hindered in growth through government regulations and optional privacy coins will become more successful through ease of use and no regulatory hindrance.

Market 5 - Currency Exchange Tool

Due to the sheer number of different cryptocurrencies, exchanging one currency for the other it still cumbersome. Further, merchants don’t want to deal with overcluttered options of accepting cryptocurrencies. This is where exchange tool like Req come in, which allow easy and simple exchange of currencies.
  1. Cryptonex: Fiat and currency exchange between various blockchain services, similar to REQ.
  2. QASH: Qash is used to fuel its liquid platform which will be an exchange that will distribute their liquidity pool. Its product, the Worldbook is a multi-exchange order book that matches crypto to crypto, and crypto to fiat and the reverse across all currencies. E.g., someone is selling Bitcoin is USD on exchange1 not owned by Quoine and someone is buying Bitcoin in EURO on exchange 2 not owned by Quoine. If the forex conversions and crypto conversions match then the trade will go through and the Worldbook will match it, it'll make the sale and the purchase on either exchange and each user will get what they wanted, which means exchanges with lower liquidity if they join the Worldbook will be able to fill orders and take trade fees they otherwise would miss out on.They turned it on to test it a few months ago for an hour or so and their exchange was the top exchange in the world by 4x volume for the day because all Worldbook trades ran through it. Binance wants BNB to be used on their one exchange. Qash wants their QASH token embedded in all of their partners. More info here https://www.reddit.com/CryptoCurrency/comments/8a8lnwhich_are_your_top_5_favourite_coins_out_of_the/dwyjcbb/?context=3
  3. Kyber: network Exchange between cryptocurrencies, similar to REQ. Features automatic coin conversions for payments. Also offers payment tools for developers and a cryptocurrency wallet.
  4. Achain: Building a boundless blockchain world like Req .
  5. Req: Exchange between cryptocurrencies.
  6. Bitshares: Exchange between cryptocurrencies. Noteworthy are the 1.5 second average block times and throughput potential of 100,000 transactions per second with currently 2,400 TPS having been proven. However, bitshares had several Scam accusations in the past.
  7. Loopring: A protocol that will enable higher liquidity between exchanges and personal wallets.
  8. ZRX: Open standard for dapps. Open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.

Market 6 - Gaming

With an industry size of $108B worldwide, Gaming is one of the largest markets in the world. For sure, cryptocurrencies will want to have a share of that pie.
  1. Storm: Mobile game currency on a platform with 9 million players.
  2. Fun: A platform for casino operators to host trustless, provably-fair gambling through the use of smart contracts, as well as creating their own implementation of state channels for scalability.
  3. Electroneum: Mobile game currency They have lots of technical problems, such as several 51% attacks
  4. Wax: Marketplace to trade in-game items

Market 7 - Misc

There are various markets being tapped right now. They are all summed up under misc.
  1. OMG: Omise is designed to enable financial services for people without bank accounts. It works worldwide and with both traditional money and cryptocurrencies.
  2. Power ledger: Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. Unique market and rather untapped market in the crypto space.
  3. Populous: A platform that connects business owners and invoice buyers without middlemen. Invoice sellers get cash flow to fund their business and invoice buyers earn interest. Similar to OMG, small market.
  4. Monacoin: The first Japanese cryptocurrency. Focused on micro-transactions and based on a popular internet meme of a type-written cat. This makes it similar to Dogecoin. Very niche, tiny market.
  5. Revain: Legitimizing reviews via the blockchain. Interesting concept, though market not as big.
  6. Augur: Platform to forecast and make wagers on the outcome of real-world events (AKA decentralized predictions). Uses predictions for a “wisdom of the crowd” search engine. Not launched yet.
  7. Substratum: Revolutionzing hosting industry via per request billing as a decentralized internet hosting system. Uses a global network of private computers to create the free and open internet of the future. Participants earn cryptocurrency. Interesting concept.
  8. Veritaseum: Is supposed to be a peer to peer gateway, though it looks like very much like a scam.
  9. TRON: Tronix is looking to capitalize on ownership of internet data to content creators. However, they plagiarized their white paper, which is a no go. They apologized, so it needs to be seen how they will conduct themselves in the future. Extremely high market cap for not having a product, nor proof of concept.
  10. Syscoin: A cryptocurrency with a decentralized marketplace that lets people buy and sell products directly without third parties. Trying to remove middlemen like eBay and Amazon.
  11. Hshare: Most likely scam because of no code changes, most likely pump and dump scheme, dead community.
  12. BAT: An Ethereum-based token that can be exchanged between content creators, users, and advertisers. Decentralized ad-network that pays based on engagement and attention.
  13. Dent: Decentralizeed exchange of mobile data, enabling mobile data to be marketed, purchased or distributed, so that users can quickly buy or sell data from any user to another one.
  14. Ncash: End to end encrypted Identification system for retailers to better serve their customers .
  15. Factom Secure record-keeping system that allows companies to store their data directly on the Blockchain. The goal is to make records more transparent and trustworthy .

Market 8 - Social network

Web 2.0 is still going strong and Web 3.0 is not going to ignore it. There are several gaming tokens already out there and a few with decent traction already, such as Steem, which is Reddit with voting through money is a very interesting one.
  1. Mithril: As users create content via social media, they will be rewarded for their contribution, the better the contribution, the more they will earn
  2. Steem: Like Reddit, but voting with money. Already launched product and Alexa rank 1,000 Thumbs up.
  3. Rdd: Reddcoin makes the process of sending and receiving money fun and rewarding for everyone. Reddcoin is dedicated to one thing – tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public.
  4. Kin: Token for the platform Kik. Kik has a massive user base of 400 million people. Replacing paying with FIAT with paying with KIN might get this token to mass adoption very quickly.

Market 9 - Fee token

Popular exchanges realized that they can make a few billion dollars more by launching their own token. Owning these tokens gives you a reduction of trading fees. Very handy and BNB (Binance Coin) has been one of the most resilient tokens, which have withstood most market drops over the last weeks and was among the very few coins that could show growth.
  1. BNB: Fee token for Binance
  2. Gas: Not a Fee token for an exchange, but it is a dividend paid out on Neo and a currency that can be used to purchase services for dapps.
  3. Kucoin: Fee token for Kucoin

Market 10 - Decentralized Data Storage

Currently, data storage happens with large companies or data centers that are prone to failure or losing data. Decentralized data storage makes loss of data almost impossible by distributing your files to numerous clients that hold tiny pieces of your data. Remember Torrents? Torrents use a peer-to-peer network. It is similar to that. Many users maintain copies of the same file, when someone wants a copy of that file, they send a request to the peer-to-peer network., users who have the file, known as seeds, send fragments of the file to the requester., he requester receives many fragments from many different seeds, and the torrent software recompiles these fragments to form the original file.
  1. Gbyte: Byteball data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains, such as blocksize issue.
  2. Siacoin: Siacoin is decentralized storage platform. Distributes encrypted files to thousands of private users who get paid for renting out their disk space. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via "smart" storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid.
  3. Maidsafecoin: MaidSafe stands for Massive Array of Internet Disks, Secure Access for Everyone.Instead of working with data centers and servers that are common today and are vulnerable to data theft and monitoring, SAFE’s network uses advanced P2P technology to bring together the spare computing capacity of all SAFE users and create a global network. You can think of SAFE as a crowd-sourced internet. All data and applications reside in this network. It’s an autonomous network that automatically sets prices and distributes data and rents out hard drive disk space with a Blockchain-based storage solutions.When you upload a file to the network, such as a photo, it will be broken into pieces, hashed, and encrypted. The data is then randomly distributed across the network. Redundant copies of the data are created as well so that if someone storing your file turns off their computer, you will still have access to your data. And don’t worry, even with pieces of your data on other people’s computers, they won’t be able to read them. You can earn MadeSafeCoins by participating in storing data pieces from the network on your computer and thus earning a Proof of Resource.
  4. Storj: Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an encrypted form.

Market 11 - Cloud computing

Obviously, renting computing power, one of the biggest emerging markets as of recent years, e.g. AWS and Digital Ocean, is also a service, which can be bought and managed via the blockchain.
  1. Golem: Allows easy use of Supercomputer in exchange for tokens. People worldwide can rent out their computers to the network and get paid for that service with Golem tokens.
  2. Elf: Allows easy use of Cloud computing in exchange for tokens.

Market 12 - Stablecoin

Last but not least, there are 2 stablecoins that have established themselves within the market. A stable coin is a coin that wants to be independent of the volatility of the crypto markets. This has worked out pretty well for Maker and DGD, accomplished through a carefully diversified currency fund and backing each token by 1g or real gold respectively. DO NOT CONFUSE DGD AND MAKER with their STABLE COINS DGX and DAI. DGD and MAKER are volatile, because they are the companies of DGX and DAI. DGX and DAI are the stable coins.
  1. DGD: Platform of the Stablecoin DGX. Every DGX coin is backed by 1g of gold and make use proof of asset consensus.
  2. Maker: Platform of the Stablecoin DAI that doesn't vary much in price through widespread and smart diversification of assets.
EDIT: Added a risk factor from 0 to 10. The baseline is 2 for any crypto. Significant scandals, mishaps, shady practices, questionable technology, increase the risk factor. Not having a product yet automatically means a risk factor of 6. Strong adoption and thus strong scrutiny or positive community lower the risk factor.
EDIT2: Added a subjective potential factor from 0 to 10, where its overall potential and a small or big market cap is factored in. Bitcoin with lots of potential only gets a 9, because of its massive market cap, because if Bitcoin goes 10x, smaller coins go 100x, PIVX gets a 10 for being as good as Monero while carrying a 10x smaller market cap, which would make PIVX go 100x if Monero goes 10x.
submitted by galan77 to CryptoCurrency [link] [comments]

Kin Swap FAQ + Video Tutorials + Guides (Multiple Languages)

FAQs:

1) Do I need to swap?
Yes. Kin is migrating to its own Blockchain which will be the only system connected to their SDKs.
If you do not transfer your Kin you will be left with the ERC-20 tokens. The Kin Foundation claims there will be an on-going one way swap method manually via Kin's support staff in the future if you miss the swap window. We have no further details on how this process will work, how long it will take or if it will always be available. Kin ERC20 tokens will not be used in the main Kin blockchain, SDK or apps.
2) Can't I swap back?
No. The original plan was to have a programmatic 1:1 swap always available. This was abandoned.
This is a one-time swap. It is only available through exchange partners.
3) Do I need to swap my Kin if it is in an app like Kik, Kinit, Kinny, Swelly or MadLipz?
No. This Kin is being migrated for you.
4) Do I need to swap my Kin if I have it in an exchange?
Yes. If your exchange is not:
Or you were not previously holding Kin on:
Then you MUST move your Kin in order to swap it. It will not swap automatically.
5) Will other exchanges support the swap?
We don't know. The Kin documentation is unclear, and it seems unlikely based on the time constraints set. If they do, there is no guarantee that there will not be a fee.
6) Are their fees for the transaction?
Kin's documentation has said partners are not charging fees. There still may be network fees. You should talk to the customer support of each service before swapping if you are worried about fees.
7) If my Kin is in a wallet like Jaxx, MEW, Coinimi, etc do I have to swap?
Yes. You must manually swap.
8) Is there any way to swap that is not an exchange?
Yes. CoinSwitch and Changelly are technically not exchanges but also support the swap.
9) Is there anyway to swap that is not a third-party service?
No.
10) How much time do I have?
For the current exchanges you have until April 10th. (EST)
For CoinSwitch and Changelly you have until June 12th.
11) What happens after June 12th?
We have no idea. We are told there will be a manual swap method available for individuals who were unable to swap prior to that time. What this looks like is still unclear.
12) How do I swap?
Right now we are in Phase 2 of the swap, there are less options for swapping currently. You can see the Phase 2 guide here: http://nufi.io/how-to-swap-your-kin-with-p2pb2b/
13) Should I use FreeWallet, AtomicWallet or TrustWallet?
Both of those services come with risks. FreeWallet is centralized and is owned by HitBTC a controversial exchange commonly accused of scamming.
AtomicWallet requires running third-party software on your system.
Neither are ideal or recommended. If you are using a wallet you should consider buying a Ledger device, or Creating a Paper Wallet?. If neither of those are an option then you can use TrustWallet by Binance.
14) Which exchange is the safest?
That is a matter of personal opinion. Right now your only option is P2PB2B
15) Should I use CoinSwitch?
CoinSwitch is an unknown and fairly new team from India. The process of switching has been smooth for some people so far, but, it is worth proceeding with caution. Multiple virus scanners such as F-Secure and McAffee also suggest it is an unsafe site.
The main problem is that to use Changelly or CoinSwitch you must either manually set up your Ledger to support Kin, or use AtomicWallet or FreeWallet - which is not advisable.
16) When will I get my Kin?
If you use the instant switching from CoinSwitch or Changelly you should get the Kin3 within a few minutes.
If you use Lykke or LAToken you will get your Kin3 March 26th.
If you use any of the other exchanges you will get your Kin3 on March 21st.
For Phase 2 using P2PB2B you will get your coins on April 12th or 13th.
17) Is Trezor supported?
No.
18) If my Kin are in HitBTC do I need to do anything?
Technically no. But, HitBTC has very expensive withdraw fees and a pretty bad reputation. You should check out the guide below for other options.
19) If I am out of the country and away from my hardware wallet for 3-6+ months how will I deal with the swap?
This has been discussed with Kin support, they claim they will have a manual email service for people who are in this situation. No further information has been given at this time. It is unclear if any proof is required or what the process involves. It is unclear if the process is only for ICO holders.
20) What if I have Kin on Stellar from Stellarport etc?
Stellar assets like that are issued as "IOUs" from the Stellar Anchor you bought them at. They are not tokens. In theory, who ever sold you the IOU should have Kin1 tokens that they are holding in balance when issued. They should swap these tokens to Kin3 and provide you with a Kin3 IOU or the Kin3 itself. You will need to contact the support at your Stellar Anchor to confirm more.
21) Are more exchanges coming?
Yes. We know more exchanges are coming, but we have no idea when, or which exchanges.
22) I'm doing your tutorial on How to Build Manual Ledger Transactions but getting the error code op_no_destination?
This means the wallet you are trying to send to isn't activated yet. Wallets on Stellar don't get created when the keypair is generated, they get created by another wallet activating and funding them. You must use the operation "CreateAccount" rather than "Payment" when building the transaction.
23) I'm doing your tutorial on How to Build Manual Ledger Transactions but getting the error code Unsupported Media Type?
Most likely you are on the Kin test network and not the main network. Check the upper right hand corner of the lab and switch to the public network.
24) How do I transfer from MEW?
Simply follow either the How to Swap Kin with Exchanges (Beginners) or How to Swap Kin with Ledger (Advanced Users Only) but instead of sending from a Ledger send the tokens from your MEW wallet. If you choose to do the instant swap you'll need to have a Kin3 compatible wallet such as a paper wallet (How to create a Kin Paper Wallet/What is a Paper Wallet?)
24) I have other questions not answered here?
I've set up a specific Question Thread to better keep track of issues.
25) Where can I stay up to date on this stuff?
Since there hasn't been much official guidance, I've been tweeting about important updates as they develop. You can follow the account I set up here: @crypto_adamsc1

Guides:

International Guides:

Videos:

Kin FAQ in other languages:

submitted by AdamSC1 to KinFoundation [link] [comments]

Looking back 18 months.

I was going through old emails today and came across this one I sent out to family on January 4, 2018. It was a reflection on the 2017 crypto bull market and where I saw it heading, as well as some general advice on crypto, investment, and being safe about how you handle yourself in cryptoland.
I feel that we are on the cusp of a new bull market right now, so I thought that I would put this out for at least a few people to see *before* the next bull run, not after. While the details have changed, I don't see a thing in this email that I fundamentally wouldn't say again, although I'd also probably insist that people get a Yubikey and use that for all 2FA where it is supported.
Happy reading, and sorry for some of the formatting weirdness -- I cleaned it up pretty well from the original email formatting, but I love lists and indents and Reddit has limitations... :-/
Also, don't laught at my token picks from January 2018! It was a long time ago and (luckliy) I took my own advice about moving a bunch into USD shortly after I sent this. I didn't hit the top, and I came back in too early in the summer of 2018, but I got lucky in many respects.
----------------------------------------------------------------------- Jan-4, 2018
Hey all!
I woke up this morning to ETH at a solid $1000 and decided to put some thoughts together on what I think crypto has done and what I think it will do. *******, if you could share this to your kids I’d appreciate it -- I don’t have e-mail addresses, and it’s a bit unwieldy for FB Messenger… Hopefully they’ll at least find it thought-provoking. If not, they can use it as further evidence that I’m a nutjob. 😉
Some history before I head into the future.
I first mined some BTC in 2011 or 2012 (Can’t remember exactly, but it was around the Christmas holidays when I started because I had time off from work to get it set up and running.) I kept it up through the start of summer in 2012, but stopped because it made my PC run hot and as it was no longer winter, ********** didn’t appreciate the sound of the fans blowing that hot air into the room any more. I’ve always said that the first BTC I mined was at $1, but looking back at it now, that’s not true – It was around $2. Here’s a link to BTC price history.
In the summer of 2013 I got a new PC and moved my programs and files over before scrapping the old one. I hadn’t touched my BTC mining folder for a year then, and I didn’t even think about salvaging those wallet files. They are now gone forever, including the 9-10BTC that were in them. While I can intellectually justify the loss, it was sloppy and underlines a key thing about cryptocurrency that I believe will limit its widespread adoption by the general public until it is addressed and solved: In cryptoland, you are your own bank, and if you lose your password or account number, there is no person or organization that can help you reset it so that you can get access back. Your money is gone forever.
On April 12, 2014 I bought my first BTC through Coinbase. BTC had spiked to $1000 and been in the news, at least in Japan. This made me remember my old wallet and freak out for a couple of months trying to find it and reclaim the coins. I then FOMO’d (Fear Of Missing Out”) and bought $100 worth of BTC. I was actually very lucky in my timing and bought at around $430. Even so, except for a brief 50% swing up almost immediately afterwards that made me check prices 5 times a day, BTC fell below my purchase price by the end of September and I didn’t get back to even until the end of 2015.
In May 2015 I bought my first ETH at around $1. I sent some guy on bitcointalk ~$100 worth of BTC and he sent me 100 ETH – all on trust because the amounts were small and this was a small group of people. BTC was down in the $250 range at that point, so I had lost 30-40% of my initial investment. This was of the $100 invested, so not that much in real terms, but huge in percentages. It also meant that I had to buy another $100 of BTC on Coinbase to send to this guy. A few months after I purchased my ETH, BTC had doubled and ETH had gone down to $0.50, halving the value of my ETH holdings. I was even on the first BTC purchase finally, but was now down 50% on the ETH I had bought.
The good news was that this made me start to look at things more seriously. Where I had skimmed white papers and gotten a superficial understanding of the technology before FOMO’ing, I started to act as an investor, not a speculator. Let me define how I see those two different types of activity:
So what has been my experience as an investor? After sitting out the rest of 2015 because I needed to understand the market better, I bought into ETH quite heavily, with my initial big purchases being in March-April of 2016. Those purchases were in the $11-$14 range. ETH, of course, dropped immediately to under $10, then came back and bounced around my purchase range for a while until December of 2016, when I purchased a lot more at around $8.
I also purchased my first ICO in August of 2016, HEAT. I bought 25ETH worth. Those tokens are now worth about half of their ICO price, so about 12.5ETH or $12500 instead of the $25000 they would be worth if I had just kept ETH. There are some other things with HEAT that mean I’ve done quite a bit better than those numbers would suggest, but the fact is that the single best thing I could have done is to hold ETH and not spend the effort/time/cost of working with HEAT. That holds true for about every top-25 token on the market when compared to ETH. It certainly holds true for the many, many tokens I tried to trade in Q1-Q2 of 2017. In almost every single case I would have done better and slept better had I just held ETH instead of trying to be smarter than Mr. Market.
But, I made money on all of them except one because the crypto market went up more in USD terms than any individual coin went down in ETH or BTC terms. This underlines something that I read somewhere and that I take to heart: A rising market makes everyone seem like a genius. A monkey throwing darts at a list of the top 100 cryptocurrencies last year would have doubled his money. Here’s a chart from September that shows 2017 year-to-date returns for the top 10 cryptocurrencies, and all of them went up a *lot* more between then and December. A monkey throwing darts at this list there would have quintupled his money.
When evaluating performance, then, you have to beat the monkey, and preferably you should try to beat a Wall Street monkey. I couldn’t, so I stopped trying around July 2017. My benchmark was the BLX, a DAA (Digital Asset Array – think fund like a Fidelity fund) created by ICONOMI. I wasn’t even close to beating the BLX returns, so I did several things.
  1. I went from holding about 25 different tokens to holding 10 now. More on that in a bit.
  2. I used those funds to buy ETH and BLX. ETH has done crazy-good since then and BLX has beaten BTC handily, although it hasn’t done as well as ETH.
  3. I used some of those funds to set up an arbitrage operation.
The arbitrage operation is why I kept the 11 tokens that I have now. All but a couple are used in an ETH/token pair for arbitrage, and each one of them except for one special case is part of BLX. Why did I do that? I did that because ICONOMI did a better job of picking long-term holds than I did, and in arbitrage the only speculative thing you must do is pick the pairs to trade. My pairs are (No particular order):
I also hold PLU, PLBT, and ART. These two are multi-year holds for me. I have not purchased BTC once since my initial $200, except for a few cases where BTC was the only way to go to/from an altcoin that didn’t trade against ETH yet. Right now I hold about the same 0.3BTC that I held after my first $100 purchase, so I don’t really count it.
Looking forward to this year, I am positioning myself as follows:
Looking at my notes, I have two other things that I wanted to work into this email that I didn’t get to, so here they are:
  1. Just like with free apps and other software, if you are getting something of value and you didn’t pay anything for it, you need to ask why this is. With apps, the phrase is “If you didn’t pay for the product, you are the product”, and this works for things such as pump groups, tips, and even technical analysis. Here’s how I see it.
    1. People don’t give tips on stocks or crypto that they don’t already own that stock or token. Why would they, since if they convince anyone to buy it, the price only goes up as a result, making it more expensive for them to buy in? Sure, you will have friends and family that may do this, but people in a crypto club, your local cryptocurrency meetup, or online are generally not your friends. They are there to make money, and if they can get you to help them make money, they will do it. Pump groups are the worst of these, and no matter how enticing it may look, stay as far away as possible from these scams. I even go so far as to report them when I see them advertise on FB or Twitter, because they are violating the terms of use.
    2. Technical analysis (TA) is something that has been argued about for longer than I’ve been alive, but I think that it falls into the same boat. In short, TA argues that there are patterns in trading that can be read and acted upon to signal when one must buy or sell. It has been used forever in the stock and foreign exchange markets, and people use it in crypto as well. Let’s break down these assumptions a bit.
i. First, if crypto were like the stock or forex markets we’d all be happy with 5-7% gains per year rather than easily seeing that in a day. For TA to work the same way in crypto as it does in stocks and foreign exchange, the signals would have to be *much* stronger and faster-reacting than they work in the traditional market, but people use them in exactly the same way.
ii. Another area where crypto is very different than the stock and forex markets centers around market efficiency theory. This theory says that markets are efficient and that the price reflects all the available information at any given time. This is why gold in New York is similar in price to gold in London or Shanghai, and why arbitrage margins are easily <0.1% in those markets compared to cryptoland where I can easily get 10x that. Crypto simply has too much speculation and not enough professional traders in it yet to operate as an efficient market. That fundamentally changes the way that the market behaves and should make any TA patterns from traditional markets irrelevant in crypto.
iii. There are services, both free and paid that claim to put out signals based on TA for when one should buy and sell. If you think for even a second that they are not front-running (Placing orders ahead of yours to profit.) you and the other people using the service, you’re naïve.
iv. Likewise, if you don’t think that there are people that have but together computerized systems to get ahead of people doing manual TA, you’re naïve. The guys that I have programming my arbitrage bots have offered to build me a TA bot and set up a service to sell signals once our position is taken. I said no, but I am sure that they will do it themselves or sell that to someone else. Basically they look at TA as a tip machine where when a certain pattern is seen, people act on that “tip”. They use software to see that “tip” faster and take a position on it so that when slower participants come in they either have to sell lower or buy higher than the TA bot did. Remember, if you are getting a tip for free, you’re the product. In TA I see a system when people are all acting on free preset “tips” and getting played by the more sophisticated market participants. Again, you have to beat that Wall Street monkey.
  1. If you still don’t agree that TA is bogus, think about it this way: If TA was real, Wall Street would have figured it out decades ago and we would have TA funds that would be beating the market. We don’t.
  2. If you still don’t agree that TA is bogus and that its real and well, proven, then you must think that all smart traders use them. Now follow that logic forward and think about what would happen if every smart trader pushing big money followed TA. The signals would only last for a split second and would then be overwhelmed by people acting on them, making them impossible to leverage. This is essentially what the efficient market theory postulates for all information, including TA.
OK, the one last item. Read this weekly newsletter – You can sign up at the bottom. It is free, so they’re selling something, right? 😉 From what I can tell, though, Evan is a straight-up guy who posts links and almost zero editorial comments.
Happy 2018.
submitted by uetani to CryptoCurrency [link] [comments]

USI Tech

I wrote this to a friend who attempted to recruit me into USI Tech.
heres my opinion
USI Tech has a lot of similarities with very problematic business models.
its ownership has problematic connections; it operates a multilevel marketing model that relies on the recruitment of new investors; i havent seen convincing proof that their software truly works the way they say it works.
ive found a lot of cloak and dagger having done a couple weeks of research on the company and my conclusion is that
for me personally there are too may red flags to invest. ive consumed a lot of material on the subject of their legitimacy from both sides of the argument. this is a complex question and it has a complex answer.
the objective truth of whether or not the company is a scam will be regarded as a matter of opinion until history reveals itself; as of right now you believe they are an honest enterprise, and i disagree. that is totally fine, we are both friends and we respect eachothers opinions and we want the best for one another; either of us could be wrong and it won't affect our friendship.
for me, the decision to forego the investment came from these red flags:
1.) Who. its hard to get an official document of exactly who owns the company however these are a few names that come up as people who have either seemed to own it or have at one point promoted it, all of which cast shade over themselves: Mike Kiefer, Ralf Gold, Joao Severino, Charles Scoville.
USI Tech is registered in Dubai and while that is not problematic on its own, there are devastating amounts of internet ponzis registered or operating out of Dubai, specifically foreign exchange trading scams.
2.) How. multilevel marketing. i despise MLM, i believe it is a predatory recruitment method that exploits people's hope and greed. while pyramid schemes can make money, very very very very very often the actual money making mechanism is the recruitment of new members and their subsequent purchase investments. even with a really shitty product you can make this go far so long as the hype is strong enough to feed recruitment.
my family was ruined when i was ten after my parents claimed bankrupcy over a zealous series of investments in Melaluca, an organic lotions MLM. this will always affect my bias.
3.) What. USI Tech's bitcoin product, what is it? do they offer a crypto trading software that works like their forex robot? as far as i can tell, there is no direct evidence of the actual trades that their software allegedyly engages in. my bottom line is here i can't come up with any evidence of a tangible product that truly does what they say it does which is problematic because they are offering a ROI which is apparently based on this robot's performance. moreover, if USI Tech is attempting some clever loophole trickery to avoid having registered with the SEC for selling securities, i have no idea what it is and that is alarming.
finally, 4.) Why. ponzi. if you do not know how a ponzi scheme works on a technical level, learn it, it is very simple. a multilevel marketing company out of Dubai that offers a cloaked software product raises supreme concern for me. their shelflife looks to have been extended by having added an anonymous and unregulated currency into the mix.
i don't doubt that at some level they are trying to make honest money, maybe that is what their mining operation is about. if they start offering cloud mining, that will be another red flag.
money can be made in a ponzi, i just believe its dishonest money. the operative is to discontinue reinvestment at a safe time. i cant put my btc in it because i believe it will contribute to the propagation of the business, which i believe to be malevolent.
__
for me, the magic is in bitcoin. not a robot that trades bitcoin. not a robot that trades in fiat markets.
i dont even speculate in arbitrage because the magic isnt even in the investment opportunity.
if what they say is true, and there is a robot that can consistently pull value out of crypto markets, then that is an innovative and lucrative achievement, but i don't buy it. if they use a robot to pull value out of forex, then my investment is directly participating in that system of currency that i don't trust.
you're a good dude, and obviously i have no hard feelings about your involvement, you will make money in it even which is great. like i said you can still make money in it and of course its tempting to invest so i might even buy a pack depending on how greedy i get, but my opinion isn't likely to change about the nature of USI Tech until i learn more.
submitted by beartowitness to Scams [link] [comments]

ENCRYBIT PLATFORM: TAKING CRYPTOCURRENCIES TRADING TO THE NEXT LEVEL!

ENCRYBIT PLATFORM: TAKING CRYPTOCURRENCIES TRADING TO THE NEXT LEVEL!
https://preview.redd.it/eexoxpa89m121.jpg?width=1285&format=pjpg&auto=webp&s=f56e4cefb2216de43dc6a5a40c140a4606387b6c

INTRODUCTION

Blockchains and cryptocurrencies were envisioned as community-oriented open-source initiatives where the participants want to have the opportunity to make useful suggestions for the way forward of cryptocurrency exchanges and blockchain at large. This has held true with the exception of dev teams that still have a significant say in the project. Often times blockchains have a leader that everyone believes in and follows, limiting the effects of the members to take part in its management when it comes to exchanges, however, it is not that big of a deal, but ENCRYBIT is a revolution that has come to stay for the betterment of the ecosystem. ENCRYBIT was born out of a shared vision to develop a more efficient global financial system.
https://preview.redd.it/j9ygqvmc9m121.jpg?width=780&format=pjpg&auto=webp&s=2ed895da2f833760e9c1e6378c523e444eb2e29a

The flexibility of trading in multiple cryptocurrencies where traders have say on the entire system is what interests the team members to have come up with this great idea of ENCRYBIT, but they were fed up with the inefficiencies of decentralized exchanges where users of the platform has no or little contribution to the development and progress of the platform, this led the Research team at ENCRYBIT to had conducted an online survey across many crypto traders around the world to know and be ascertain on what need urgent improvement where exchanges are concerned in this blockchain ecosystem. This means team isn’t taking decisions on their own, but traders are carried along in the development of ENCRYBIT cryptocurrency trading platform.
Its all about a modern cryptocurrency exchange, designed considering what community have asked in our recent survey and traders review.
The research team at Encrybit did very well to carry out survey which is viewed as the best way to gather opinions from traders from all over the world by conducting an online survey and below is the result gotten from the surveys that were carried out:
The security concern is still quite spread between the traders, it's quite obvious since the major hacks and scams happened in regards of exchanges, the fear of losing your funds is always there when you keep them on a trading platform. Participants responses and opinions in diagram;
https://preview.redd.it/t06kwiyf9m121.jpg?width=766&format=pjpg&auto=webp&s=39a3b656fc4dd92628d6150cebf88506a9251395

Encrybit can assure traders that its platform will do its best to prevent those consequences.
In the context of this article, Encrybit being an “All You Need, All in One Page” means that Encrybit and its platform want to solve those issues, trying to give users all the tools they need, all in one single page when you need them and extremely easy to use, no switching tabs and no need of third-party platforms. It doesn't matter you're trading for fun or for work, all the trader categories will be given the chance to trade in a more relaxed and engaging way.
https://preview.redd.it/6hgm3bih9m121.jpg?width=724&format=pjpg&auto=webp&s=4c39b39bc38d14bfc9dec9296a115a7dcd99035c

Encrybit will provide general security to users in the following ways:
Two Factor Authentication Wallet Address Whitelisting Withdrawal Authentication Device Authentication IP Whitelisting Multi Signature Wallet Anti-Phishing Aler
Encrybit is backed up by M-Connect Solutions, a software development agency established in the year 2009. It is a software development company having expertise in banking and trading software. It has specific clients (trading software development companies) from Germany, USA, and India. They know the ins-outs of the forex exchange functionalities. They've technology, qualified resources (In-house), and experience to support the development and working of a revolutionary cryptocurrency exchange.

ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the ENCRYBIT Roadmap is step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the ENCRYBIT Roadmap:
https://preview.redd.it/0vixyq9m9m121.jpg?width=936&format=pjpg&auto=webp&s=12c0a4b8ea07ae495ca5d7c5b73a56db25da934b
https://preview.redd.it/eh3miuin9m121.jpg?width=951&format=pjpg&auto=webp&s=6486737df7f240e53cded5b0acf57094a84b5934
https://preview.redd.it/selifh7p9m121.jpg?width=855&format=pjpg&auto=webp&s=64b6680f48f4dc4521eaa9438accaa356251eea0

https://preview.redd.it/s1y3hzur9m121.jpg?width=873&format=pjpg&auto=webp&s=aaf17840b70a5c0df7546d824fbd0adedecfb491
The Encrybit project has very ambitious plans to conquer the market. Don't miss your chance to be a part of this project!
Get connected anytime with the Project using the links below for more information, updates and participation:
WEBSITE: https://encrybit.io/
WHITEPAPER: https://encrybit.io/pdf/encrybit-wp-v1.pdf
LITEPAPER: https://encrybit.io/pdf/litepaper.pdf
TWITTER: https://twitter.com/enbofficial
FACEBOOK: https://www.facebook.com/encrybitofficial/

WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F
submitted by blessingsdrop to ICOAnalysis [link] [comments]

TIL: The latest ponzi scheme - PIPcoin

Well today was interesting. After seeing a ton of people trying to spam their referral links into some of the big Facebook groups we run at work, I decided to investigate a bit more after dinner & a couple of glassses of wine.
Let me introduce you to PIPcoin. (for those like me who missed it when it last came up on the sub)
PIPcoin from the horses mouth
PIPcoin's CEO on SABC
One of his "free" seminars.
Here is a quick recording off their homepage :-(
Pipcoin is Africa’s first P2P Cryptocurrency and is more seen as an emerging digital currency that seeks to revolutionize accessibility and raise awareness about the importance of online trading to the multitudes of both the aspirant traders and those who are completely unaware of the abounding benefits and opportunities offered by the digital market. Thus, for all its worth as a potential life-changing tool, we want Pipcoin to be everybody’s business.
So this is new... lets take a look at their FAQ's because I have many! here are my favourite bits:
What Is The Structure Of A Pipcoin? Pipcoin Concept (for developers) -IF YOU HAVE 0,9999 MICRO-PIPS THEN IT WILL BE ROUNDED OFF TO 1.0000 – MAKING IT 1 PIPCOIN-
lol really? Where does that extra micro tit pip come from?
Why Pipcoin Isnt A Get Rich Quick Scheme Whenever there is a new digital breakthrough it is natural for people to be sceptic, this has been scientifically proven. Even at one stage the internet was said to be a scam, same goes to online trading, they said it won’t last. Same goes to Facebook; they said it’s an information-leaking scam. Same goes again to Bitcoin they said it’s a ‘failed experiment’. Pipcoin is the people’s currency and can never in a scale be compared to ponzi schemes and investment bonanzas; Pipcoin is a friend-to-friend digital currency which has its own crypto keys and public ledger just like any other legit digital currency. Everyone is a host to the currency, every participants’ computers serve as servers to the system and just like forex trading it is a zero-sum game, when you buy the coins there will be someone selling to you.
SkepticalHippoIsSkeptical.jpg
Who Is The Founder Of Pipcoin? However the inception of the idea can be credited to David Schwartz and the inception of the algorithm and mathematics behind to Ref Wayne, a 21 year old South African who is behind the creation of most high-tech forensic software as well as the indicators for financial trading platform (Forex Metatrader), it is without chance that the creation of Pipcoin is water-proof and crack-free.
Aside from the laughable wording, this is perhaps the most interesting part. If you can make it through this interview or this video his story sounds a lot like this "David Schwartz" story here. Excuse the popups but give it a read and obviously the comments at the bottom.
Is Pipcoin Legal? ...After all, there is no authority that can stop anyone from buying and selling a product online.
hahahahahahahahAHAHAha!
Do I Need To Provide Any Id Documents To Join Pipcoin is a cryptocurrency which means it’s completely encrypted, even for its users, it remains completely confidential. You don’t need to submit any documents.
erm... surely this goes against SO many laws in SA?
How Reliable Is This Website In Terms Of Security And Keeping Personal Data And Pipcoins [no ? at the end of these ones for some reason] We pay great attention to security and the confidential information on the website is protected by EV SSL. We don’t divulge any personal data of members to third parties. Your participation too, is strictly confidential.
thats...not really explaining it at all. SSL isnt the be-all and end all - but oh there's another one right below. Im sure that'll clear it up...
Are You Protected From Hackers We have installed power Anti-DDOS protection on our servers and have many other security measures.
well that settles it.
ok ok so whats next?
Some points/gems from their Terms of User PDF [mirror here] (i've never heard that phrase) but looks like something from the lawfirm of Copy, Pasta and Google.
All references to the ‘company,’ ‘us,’ ‘our,’ ‘we’ or ‘Pipchain’ means Pipchain South Africa S.a.r.l., a company registered under the laws of South Africa, with a share capital of EUR 55,222.08, having its registered address at L-2340 South Africa, 1, rue Philippe II, registered with the South Africa Trade and Companies Register under number B 190.078 (Business License number B190078).
I tried to find out if thats real but I couldnt figure out how to do it via the new http://www.cipc.co.za/ site.
Their privacy policy link https://pipchain.com/PrivacyPolicy.pdf 404's
Typos galore eg - " Server failure ordata loss;"
We make no warranty that the Website or the server that makes it available, are free of viruses or errors, that its content is accurate, that it will be uninterrupted, or that defects will be corrected.
wut?!
  1. AGREEMENT TO HOLD PIPCHAIN HARMLESS
wut2
7.2. If you are obligated to indemnify us, we will have the right, in our sole discretion, to control any action or proceeding (at our expense) and determine whether we wish to settle it.
ok...
9.1. You need not use a Pipchain Wallet. If you wish to use the Wallet, you must create a wallet with Pipchain to access the Services (“Wallet”)
I need an adult.
10.5. No Storage or Transmission of Pipcoins. Pipcoins are an intangible, digital asset. They exist only by virtue of the ownership record maintained in the Pipcoin network. The Services do not store, send or receive Pipcoins. Any transfer of title that might occur in any Pipcoins occurs on the decentralized ledger within the Pipcoin network and not within the Services. We do not guarantee that the Service can effect the transfer of title or right in any Pipcoins.
and
10.8. No Cancellations or Modifications. Once transaction details have been submitted to the Pipcoin network via the Services, The Services cannot assist you to cancel or otherwise modify your transaction details. Pipchain has no control over the Pipcoin Network and does not have the ability to facilitate any cancellation or modification requests.
In the SABC interview (linked at the top of this post) the CEO says he took bitcoin and 'modified' it to be safer and so you can track 'stolen or lost' coins. So thats a lie.
  1. DISCONTINUANCE OF SERVICES 15.1. We may, in our sole discretion and without cost to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, any portion of our Services. You are solely responsible for storing, outside of the Services, a backup of any Wallet Address and Private Key pair that you maintain in your Wallet.
erm, ok but because PIPcoins can only be traded on their website and not transferred to anything else... how does that work?
17.1.3. Use any robot, spider, crawler, scraper or other automated means or interface not provided by us to access our Services or to extract data; 17.1.4. Use or attempt to use another user’s Wallet without authorization
the enter key is a hard one to find on a laptop I'll give them that one...
---- gets more wine ---
They claim to have a 30-35% growth rate on any and all investments! Crazy returns.
I did a bit of a google on them and immediately found these posts.
Some choice excerpts:
The company has promised that it will soon be issuing a debit card. Promising to issue a debit is an old trick used by fraudulent companies to create a false sense of trust and legitimacy to unsuspecting investors.
and
The transfer of pipcoins is verified by one sources, instead of 3 independent source as is usually the case with legitimate crypto currencies with a blockchain.
and
They also use wording similar to ‘get-rich-quick' scheme lines such as “Pipcoin will create over a 100 millionaires by the end of this financial year”. These are revealing signs of a fraudulent scheme. Moreover, pipcoin is a closed system, you cannot trade with anyone other than randomly chose people registered on the website. Their blockchain is not public or transparent, in fact, they do not have a blockchain and, if they do have one, then it is not operational.
So who's behind it? Who is this Ref dude?
According to his Twitter bio he's "Youngest Billionaire in Africa | Founder of African 1st ever digital currency ! Get a minimum interest of 35% @infopipcoin"
here are some choice images from his public FB:
I tried to register on https://mypipcoins.com/ but there's an ASPX error during the registration process and it kept trying to switch between https and http. Great start. I tried in all major browsers and they all failed so I gave up on trying to signup with my temp email [email protected] :(
So then, lets take a closer look at the support they offer on their site. They've got one of those "live chat" widgets on their site and this evening there was actually someone online :)
I said "hello" and saw "busi has joined the conversation" - sweet.
Here is the transcript I downloaded before they killed the chat. Lucky I insta-clicked the download before they killed my chat session.
As you can see by the chat log, Busi linked me to whats obviously the new 'site' they're launching this weekend https://pipchain.com/
The site looks a lot like the blockchain.info website.
Their market page is awesome compared to blockchain.info's one! its even got a bigger market cap! Note the article links are all the same, except for two small things.
  1. None of the links work...because
  2. they've done a find&replace in the code, replacing all instances of "bitcoin" with "pipcoin" XD
Anyway, I thought I'd try signup on THIS site and lo 'n behold I managed to sign up! [email protected] lives!
Here is PIPcoin's dashboard and here is Blockchain.info's dashboard.
Here is PIPcoins transactions page and here is Blockchain.info's transaction page.
So pretty much a blatant copy/pasta job.
-- final thoughts --
Its unfortunate that the quality of journalism in SA is so weak. PIPcoin getting a lot of media attention for something thats honestly so dodgy, if you looked at it for more than 5 minutes you'd know. Many people are going to fall for this and if you look at the comments on twitter or on his FB posts or on any video calling out the scam you'll shake your head.
Someone (not me) has even put this site together https://www.pipcoin.co/ which is as informative as it is awesome! Click the login and it takes you to "Logging in should be the last thing you should be worried about right now." and the bottom of the site has the best burn ever
"This website was built as a public service announcement by concerned citizens (and shows what a legitimate site should look like"
I did try connect with the 'owner' via twitter to find the source/calculation of the "R40 314 800,00 lost & counting" figure but so far no reply.
Anyway its late and I'm going to bed. I hope you learnt something and if you see anyone in your social circles promoting this please make them aware.
EDIT: Reddit formatting is hard.
EDIT2: Got a reply from the person behind the pipcoin.co site - http://imgur.com/a/995oN which honestly shows the lack of skills the scheme has in the development/security field and now if you rewatch the interviews you can see why he's so scripted when talking about the tech stack.
EDIT3: Sigh. I made a comment on the PIPcoin FB page to warn people about this and this is the response I found this morning - http://imgur.com/a/tFoAy I dont even know what/how to respond...
submitted by Ruach to southafrica [link] [comments]

Forex Trading Software - How to Pick the Best One

For many different reasons, the foreign exchange is a Free Crypto Secret Review unique market. Firstly, everyday there is about $2trillion dollars being exchanged. Secondly, since the market is very liquid, you can sell any currencies even at insignificant mark-up and yet still earns. Thirdly, the whole world is your market, meaning you will never run out of clients. Fourthly, trading basically does not stop. Market is open for twenty four hours except on weekends. And lastly, you have the leverage and you can use it. Your leverage is that you can start trading even with small investment and still earn big profits.These robots are actually the secrets to success of so many traders. All trading robots in the market nowadays are almost exactly the same which are all designed to make profits for you. Currency trading is always profitable because this kind of business can give you huge proceeds at a little given time whether the indicators in market are going up or down.The word "forex" is a short term for foreign exchange. The meaning of this word is you trade the currency of one country to another. Foreign exchange trading started so many years ago. Many have found it a quick and easy way to earn money. Many people believe that this trading is like gambling in a casino. And when you say forex trading, people would think that it is a scam or if not, no one can easily engage into this kind of business because it may require big amount of capital.

Before you start saying that you do not want to get involved in anything about currency trading, you should know that there is big possibility that you have actually done so without knowing. Have you ever gone to other countries for vacation or work perhaps? What you should have actually done is exchanging your money to the currency of the country you planned to visit into. Doing such do not necessarily gave you profits but such is an example of forex trading. Those who handle such transactions are operators of forex trading and they are known as forex traders.If you engage in currency buy and sell, your goal is to identify the rise and fall of your money value against the value of currency of other countries. This market is open twenty four hours a day and it means that this market is very attractive especially to those who love the thrill of winning. You can make profits from the increase in value of your currency against the rate of other legal tender.

Most people love the risks involved in this kind of business and the thrill it brings along. These activities carry lots of excitement that is why so many have devoted their life into buying and selling currencies. What is more exhilarating about this trade is that you can join in the market even with a small capital in hand and yet you can still earn big very quickly.This trading is very risky though. And the activities it involves may not be suitable for those who have a faint heart. It may bring you great earnings in a very short while and yet may take all you have in just a moment. Even then, trading currencies offers really great possibilities. And if you have the right tools to aid you in making decisions such as what to buy and when to sell it, forex trading is no longer that hard because such tools are usually designed to help you avoid great loses.You probably know this but automated Forex system trading products have been evolving for many years. This process has gone from Forex systems that only the big banks and large traders could use to the present day where the average person can easily trade Forex.

The Forex system evolution process has been proceeding for about 15 years. This process is behind stocks and futures which have been progressing for about 20-25 years. Currently, the average person can trade Forex which just a few years ago was not reasonably possible.The "Holy Grail" for all markets has been to produce trading systems or software that could recognize certain market characteristics and enter and exit high probability trades automatically with little or no human input. Also, the software would have a high success rate and have a cost that many people could afford. Additionally, another goal is to remove human emotion from trading, which is a key problem with many traders. Wouldn't anyone want a product like this?That is a lot to ask for and the perfect product does not exist. However, the automated Forex system trading products have evolved sufficiently to approach the above goal.Most current automated systems produce a signal based on certain market conditions. These systems range in success rates from very low to very high. There are some very good systems on the market. You just have to find them. However, as with all evolving and expanding markets there are some products that sound good but mainly just take your money.

https://optimusforexreview.com/free-crypto-secret-review/
submitted by harryemily1 to u/harryemily1 [link] [comments]

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One of the challenges a rookie forex investor faces is determining which operators to trust in the forex market and which to avoid. Signal sellers are one group of operators to consider carefully. A signal seller offers a system that purports to identify favorable times for buying or selling a currency pair. The system may be manual, in which ... Forex robot builder is any software that allows the trader to generate, automate and analyze trading strategies. Today we are going to compare two of the most commonly used robot builders - EA Studio and FSB Pro. Read more . Forex Gold Investor EA Review - Is it scam or good forex system? Nov 01 2017 12:40:41. The Forex Gold Investor is an automated trading systems which, as its name partially ... For example, trading methods that uses a system of moving averages can easily be set up in most of the forex trading software available. However, if you require specific moving average indicators such as triangular moving averages or some new variations. Then it is important for you to check whether such indicators are available in your forex trading software. Most forex trading software would ... Infinite Profit System Review: Worth the Money? ** MAKE SURE TO READ THIS REVIEW ALL THE WAY TO THE END FOR A BONUS ** The people over at Tradeology are releasing a new system (AVAILABLE NOW!) called the Infinite Profit System.. I’ve been a fan of some of their past programs, especially the ND10X system, which is by far one of the best systems I’ve come across in the forex game. Forex Fury Review: Is It a Scam or Legit EA? April 17, 2020 · by TEFX Team · 0. Welcome to the Forex Fury review. Forex Fury EA is one of the few legitimate trading robots that help you automate your Forex trading and still make a profit. Forex fury is a robot that has been around for more than 10 years. This is a good indication and the fact that they have been able to deliver consistent ... Smart Money System is a monetary software that does all. It is a market for complex algorithms chosen by investors on the stock exchange. These algorithms searching global financial markets and recognize that effective operation automatically opens them. Many people do not believe what they can not prove, and Mark Kuban and his team have decided to offer very special access. It is 100% free ... "Furthermore, some actors are using manipulative software to rig the system." The main issue with forex trading is a lack of transparency and unclear regulatory structures with insufficient oversight.

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UOP FX Trade Finder Forex Trade Scanner Software

Our new software UOP FX Trade Finder 2.0 will launch in a few weeks and take the forex world by storm. This system will scan the forex market for potential trade setups. It will also give you ... Forex Enigma,Forex Enigma review,Forex Enigma scam,Forex Enigma download,Forex Enigma software,Forex Enigma system,Forex Enigma reviews,Forex Enigma Karl Dittmann,Karl Dittmann Forex Enigma,Forex ... Eaconomy forex software is more about recruiting. Companies like eaconomy focus is more about sign up fees than trading forex,. Instead of doing a eaconomy review I'll show you a real forex ... Forex Pro Island Trading Software Scam Review In this video, i will make a review on newly released trading software, Forex Pro Island. Best Value-Free e-book download here: https://mautic ... Through this, you will be able to make a Forex system that can be highly beneficial for you. There are times when Forex market systems only focus on one currency pair that you can try out. How to Spot and Avoid Forex Trading Systems Scams One shady practice i keep seeing from traders selling systems. I keep seeing this and it annoys me because I feel a lot of people are being taken ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

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