Welcome to The Cryptocurrency Novice Report for Wednesday June 5, 2018.
Word to the Wise
Today on Word To The Wise, we take a look at another investment site called eBitInvest.
eBitInvest claims to have been established in 2015, which is an extremely long time compared to most of the companies featured on Word to the Wise who have been around for only 1 or two days.
With their vast amount of experience, eBitInvest has come up with a very simple investment plan. If you send them some Bitcoin, in 5 days they claim they will send you back twice as much. Send them 1 Bitcoin, 5 days later they claim they will send you 2 Bitcoin back. Send them 20 Bitcoin, 5 days later they claim they will send you 40 back. Very simple!
They have a vast amount of experience in their management team, all of whom own red ties.
In fact, I could not really find anything wrong with eBitInvest. Except of course that they are liars. You see, the red tie management team is fake. They are just a collection of pictures stolen from other sites. For example A. Loewe, the manager is really Paul Kuhn.
E. Butler, one of their analysts, is really Brett Bauch.
And S. Ramerez, the notorious programmer? He's really Tom Brien.
I could go on and highlight all the rest of the fraudulently represented management team members, but I think you get the picture. The Management team for eBitInvest does not exist. So if eBitInvest will fake their management team, everything else about them is also certainly a lie. They are really just a scam. They will not send you double your Bitcoin. Not in 5 days, not in 5 years. Do not send them Bitcoin, they will just steal it all!
Money For Nothing
Today's Money For Nothing is a chance to claim 10 APLC tokens from Cinema Well.
To claim your free APLC tokens, follow this link to start the bot and get registered for the airdrop. You will need an ERC20 compatible Ethereum wallet to claim the tokens.
If you don't already have an ERC20 Ethereum wallet, you can get one from MyEtherWallet.com for free.
Cinema Well is a new social media site that seeks to unite movie goers and filmmakers. You can learn more about Cinema Well and see some of the movies they are featuring at https://cinemawell.com/.
The Report
The cryptocurrency market is showing a little weakness this afternoon after having a strong morning. Currently the broad market value is $339 Billion, having lost about $3 Billion since yesterday. Here's a closer look at how our favorite coins are performing.
Currently Bitcoin is trading at $7528, down 1.3% since this time yesterday afternoon.
Steem is trading at $2.41, up 1.5% in the last 24 hours, while SBD is currently showing a bit of an anomaly, trading at $7.06, up 303% since this time yesterday. If you don't believe me, see for yourself, here's a snapshot of the activity as reported on CoinMarketCap.
Right now, it looks like this big jump is being driven by trading activity on only one exchange, HitBTC. Let's hope this price movement spreads to the other markets!
Currently on the Steemit Market, Steem is trading for 1.40 SBD. So we aren't seeing the big jump in SBD reflected here yet.
The supply of liquid Steem is unchanged since yesterday. Currently there are 77.83 million liquid Steem.
Please note: I am not an investment professional. The information I present here is only my opinion. I do not encourage you to invest in any coin I mention, especially those featured in the Money for Nothing section, since most of these are not going to make it and may even be a scam. I only suggest you claim the free airdrops offered, nothing more.
Until next time...
Proud member of 
