Bitconnect’s lending program

I’ve invested in cryptocurrencies for 2 years and owned Bitconnect coin since April 2017 at $7. (12:38 pm EST, Oct 31, 2017 it’s it’s $235.30. It has an impressive graph. ) About 2 weeks ago I entered its lending program. The lending program is equally impressive, the percentage varies, but it averaged .9% (9/10ths of one percent) per day for the last 6 months–that’s about 500% if you reinvest your daily interest!

However, last night I saw a website that claimed Bitconnect was a scam. That worried me, so I decided to see why people thought that so I would know whether it’s true.

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Bitcoin Meeting in Venice, FL Postponed to Saturday, Sept. 23, 3 – 4:30 pm

Successful seminar on Bitcoin basics and getting started as an investor

Join our Free Venice Bitcoin meeting. Learn and share Bitcoin information, including how to set up accounts.

Sat, Sept 23, 3 to 4:30 PM Sarasota Public Library, Jacaranda branch, 4143 Woodmere Park Blvd, Venice, FL

This is our third meeting by popular demand. We’ll have explanations for newbies and trading advice for investors. You can also sign up for my free newsletter at www.bitcoin-secrets.com/

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The Kraken exchange out of San Francisco is reducing some functions. Why?

Kraken’s been growing leaps and bounds. All the crypto exchanges have.

From what I see, the Federal Reserve is going to start tightening the money supply in October and it may choke the stock market’s expansion. Where to put all that money to be safe? Into cryptocurrency, of course.

Whether Kraken agrees with me or not, Kraken has decided to increase its computing capacity to accommodate more action quickly.

They’ve identified areas using much more computing capacity than their standard ‘bread and butter’ trades and are eliminating those areas to quickly increase computing capacity by temporarily eliminating the lesser used functions that did use much more capacity.

They haven’t eliminated trading in the cryptos they listed, just said you have to trade ETH or BTC for them instead of fiat currency.

As for the advanced order functions, I’ve never used them in a year+ of trading.

P.S. If you’re in the Venice Florida area, come join our Bitcoin meetup on Saturday, August 26 at the Jacaranda Public Library from 3 to 4 pm!

Good time to buy Bitcoin!

The cryptocurrency market just fell about 15% and appears to be on its way back up. If you’ve gotten my book and set up an account, now’s the time to buy some.

I believe the drop is related to the possibility of another type of Bitcoin being created on August 1. If so, provided you don’t buy Bitcoin at Coinbase or GDAX, your Bitcoin will split into one Bitcoin and one new coin.

Either way, be sure to buy no later than July 27 and don’t do anything with it, buy or sell, until after August 3.

This is all covered in my book 😉

Start Now!

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Important Warning!

There is a possible change coming to Bitcoin around August 1. After this time, the price will most probably go up on Bitcoin and the other cryptocurrencies as well. However, if the change occurs, people with Bitcoin on Coinbase.com or GDAX.com may find that they are not able to profit from a second coin that others will get for free.

So, to be safe, by Friday, July 28, 2017, move any Bitcoin you have on Coinbase.com or GDAX.com to Kraken.com or to a blockchain.info wallet.
ALSO, do not trade, send or withdraw any Bitcoin from July 31 to August 3.

If you want to learn more about this, you can find it here in my book