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      "body": "Not indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)\n\nSome tips to share content and add value:\n- Using a few sentences from your source in “quotes.” Use HTML tags or Markdown. \n- Linking to your source\n- Include your own original thoughts and ideas on what you have shared.\n\nRepeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).\n\nCreative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. \n\nIf you are actually the original author, please do reply to let us know!\n\nThank You!",
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      "body": "Source: https://www.xtrahola.com/thebillioncoin-tbc-reasons-why-its-scam/\n\n\nNot indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)\n\nSome tips to share content and add value:\n- Using a few sentences from your source in “quotes.” Use HTML tags or Markdown. \n- Linking to your source\n- Include your own original thoughts and ideas on what you have shared.\n\nRepeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).\n\nCreative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. \n\nIf you are actually the original author, please do reply to let us know!\n\nThank You!",
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      "body": "Markets  •  News  •  Bitcoin  •  Ethereum  •  Markets News\n212\n28\n1\nJust hours after traders reported a shift in strategy, the global cryptocurrency markets appear to be correcting – and fast.\n\nAt press time, the top 10 cryptocurrencies by market capitalization were all in steep periods of decline, with eight seeing declines of more than 10%. Even bitcoin, heralded as the 'safe haven' among available alternatives wasn't immune, dropping 15% at press time as its price retreated to its lowest total since 31st May.\n\nOverall, the market shed roughly $6bn in a span of hours, declining from a combined total of $106bn to a press time total of $99.3bn, according to data from Coinmarketcap.\n\n\n\nTaking an even broader look, more than 80 of the top 100 cryptocurrencies had seen more than double-digit declines, with some seeing declines of more than 30%.\n\nAmong those most impacted was IOTA, which began listing on exchanges this week and debuted at a $1bn market cap, only to fall more than 40% today. Lesser-known assets including I/O Coin, E-Currency Coin and Vericoin saw over 30% declines.\n\nIt wasn't just tokens on so-called infrastructure blockchains, running on their own unique networks, that were affected either.",
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      "body": "In this post, I’ll tell you why I think the Billion Coin is a scam and present some facts below to prove why it shouldn’t be called a Cryptocurrency, let’s go. \n\nWhy TheBillionCoin is a scam\n\n TheBillionCoin – Self Acclaimed Cryptocurrency\nMeaning of Cryptocurrency: A cryptocurrency is a medium of exchange like normal currencies such as USD but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography.  Okay, maybe that wasn’t so straight to the point, take this one instead then, it is a digital currency designed to work as a medium of exchange using encryption techniques to secure transactions and creation of additional units of the currency.\n\nExamples include the Bitcoin, Litecoin, Peercoin, Primecoin, Ripple, Mastercoin, Dogecoin and other’s, let me stop there.\n\nCryptocurrency has become very famous today, known and used by almost everyone. Behind it also, are some fraudsters trying to seize the moment to make some profit for themselves by using the term, cryptocurrency.\n\nThere are a lot of them, one which includes “TheBillionCoin” or TBC. Like many digital currencies, this one claims it’s market value increases daily.  When TBC first came in, it’s opening price was €0.001 and has supposedly gone up in value by 5% ever since that day. Off course, that sounds too good to be true, the aim is to attract new members settling them with the idea that they can become a millionaire in a short period of time. It is a fact that most of the new members are people who don’t have a true understanding of what cryptocurrency is and how it works.\n\n \n\nthebillioncoin-scam\nTBC price increase chart\n \n\n\n \n What Determines the Value of a Cryptocurrency \n\nYou’ve seen the chart above of how TheBillionCoin claims to have it’s price go up every day but in this section, I’ll briefly explain what determines the value of a cryptocurrency.\n\nIn short, the price of a Cryptocurrency is determined by its supply and demand. For example, when demand for bitcoins increases, the price increases, and when demand falls, the price falls. Get it, right?.\n\nDemand here is based largely on two factors: The utility of the Cryptocurrency and Speculation. Utility is the ability to use the said cryptocurrency to buy things or to pay for things that you want. Speculation is the belief that the Cryptocurrency may one day be much more than they are now, i.e. future utility.\n\nWhy is TheBillionCoin Not a Cryptocurrency?\n\nThis is what we all came for, so continuing reading below;\n\nTheBillionCoin(TBC) is not on coinmarketcap.com , that is by far a major blow against “TheBillionCoin”.\nPlease Note:  TheBillionCoin(TBC) is different from (TurboCoin(TBC) –>no longer in existence), they both have the same abbreviation but they are not the same.\n\n2. It’s value always goes up. That is not supposed to be, unless it’s value is determined by the owner of TheBillionCoin and not by the market because there is no cryptocurrency which its market value goes up at all times. It is just a mechanism to look for more members.\n\n3.  There is no open market supporting this coin. If at any time this scheme was to fall, all the members will only have a worthless coin, because members can not sell their coins anywhere.\n\n4. It uses a Multi Level Marketing style.\n\n5. Uses testimonials and the idea of their trickery of a millionaire board into getting new members.\n\n6. It can’t be Mined, like seriously? How then are more coins generated?\n\nThese are just some of the facts to prove that TheBillionCoin is a Scam, a deception in the name of a cryptocurrency. Many of us have fallen for this, it’s high time the truth came out.\n\nI’d love to hear your opinion, feel free to oppose the facts I have outlined or to let me know what you think about this Coin, thank you.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://news.valubit.com/sea-of-red-top-10-cryptocurrencies-see-steep-declines-as-market-turns/",
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      "body": "Markets  •  News  •  Bitcoin  •  Ethereum  •  Markets News\n212\n28\n1\nJust hours after traders reported a shift in strategy, the global cryptocurrency markets appear to be correcting – and fast.\n\nAt press time, the top 10 cryptocurrencies by market capitalization were all in steep periods of decline, with eight seeing declines of more than 10%. Even bitcoin, heralded as the 'safe haven' among available alternatives wasn't immune, dropping 15% at press time as its price retreated to its lowest total since 31st May.\n\nOverall, the market shed roughly $6bn in a span of hours, declining from a combined total of $106bn to a press time total of $99.3bn, according to data from Coinmarketcap.\n\n\n\nTaking an even broader look, more than 80 of the top 100 cryptocurrencies had seen more than double-digit declines, with some seeing declines of more than 30%.\n\nAmong those most impacted was IOTA, which began listing on exchanges this week and debuted at a $1bn market cap, only to fall more than 40% today. Lesser-known assets including I/O Coin, E-Currency Coin and Vericoin saw over 30% declines.\n\nIt wasn't just tokens on so-called infrastructure blockchains, running on their own unique networks, that were affected either.",
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      "body": "Top volume decrease over the last 12h:\n\n NeosCoin $NEOS, \n\nSingularDTV $SNGLS,\n\n PascalCoin $PASC",
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      "body": "ok,then what can i do?",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cointelegraph.com/news/bitcoin-price-will-hit-250000-by-2020-if-seven-year-trend-continues",
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      "body": "@@ -692,16 +692,70 @@\n eriod.%0A%0A\n+Heartly thanks for the information: MR. Joseph Young%0A%0A\n If Lopp%E2%80%99\n",
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      "body": "BitGo Software Engineer Jameson Lopp revealed that if the seven-year trend of Bitcoin price continues, Bitcoin will be valued at around $250,000 by 2020.\n\nLopp calculated the seven-year trend of Bitcoin price based on daily value change. With the exception of 2014, which was affected by the downfall of now-defunct Mt. Gox, Bitcoin has continuously recorded positive daily value change since 2010.\n\nIn the past three years, Bitcoin price has increased exponentially, surging by 0.09, 0.22 and 0.66 percent in 2015, 2016 and 2017 respectively on a daily basis. In 2017, Bitcoin price increased by 0.66 percent on a daily basis, as Bitcoin price surged from $980 to $2750 within a six-month period.\n\nIf Lopp’s Bitcoin daily gain since 2010 is considered, by 2020, Bitcoin price should reach $250,000. This, of course, assumes that Bitcoin price will increase at an average rate of 0.42 percent on a daily basis.\n\nBitcoin’s value cannot be predicted based on a linear calculation and graph. Bitcoin’s growth in terms of user base and market cap is exponential and because of it, Bitcoin price can’t be calculated with one certain formula.\n\nNon-linear\nHowever, Lopp stated that the miracle of compound interest makes the $250,000 by 2020 calculation nonlinear.\n\n“It's not linear due to the miracle of compound \"interest.\" 0.42 percent of tomorrow's value is > 0.42 percent of today's value,” said Lopp.\n\nMedia\nAs we reported, an increasing number of mainstream media outlets and analysts have started to compare Bitcoin and its growth to that of reserve currencies and major assets such as gold.\n\nMost recently, ABC News, a national news service in Australia produced by the Australian Broadcasting Corporation, and The Wall Street Journal have been offering extensive coverage on Bitcoin price by comparing the cryptocurrency to the performance of the US dollar, euro, Japanese yen and British pound.\n\nAlan Silbert, senior vice president at Capital One Healthcare and founder of BitPremier, revealed that the traditional Wall Street Journal newspaper demonstrated the growth chart of gold and Bitcoin on its front page as interest and demand toward Bitcoin have been on the rise.\n\nIf scaling issues of Bitcoin become resolved and more investor begin to purchase Bitcoin as both a digital currency and digital gold, it is possible for Bitcoin to grow at the predicted rate of Lopp. In fact, Xapo CEO Wences Casares shared that Business Insider CEO Henry Blodget recently claimed Bitcoin price could go up to $1 mln.",
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