Ethereum Vs Bitcoin

Ethereum

Ethereum

Hi,

I was looking at the prices of various Cryptos last night when I saw Ether (I assume that is short for Ethereum) and Ether/Bitcoin.

Ether was trading at ~ $193 and E/B at 3 cents.
I have had no luck finding just what Ether/ Bitcoin is. All the sites talk about Ethereum instead.

I was hoping to learn why E/B is so cheap and if it was ever likely to rise in the future.

Any info would be greatly appreciated.

Thanks,

Pete.

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Jul 16, 2023
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starstarstarstarstar 		ETH and BIT
by: Anonymous

The abbreviation "E/B" stands for Ethereum/Bitcoin, which represents the exchange rate or trading pair between Ethereum (ETH) and Bitcoin (BTC). It indicates the value of one Ethereum in terms of Bitcoin. The price you mentioned, 3 cents, implies that one Ethereum is valued at 3 cents in Bitcoin.

The price of E/B can fluctuate based on supply and demand dynamics in the cryptocurrency market. The value of Ethereum relative to Bitcoin can change due to various factors such as market sentiment, investor interest, technological developments, and overall market conditions.

While I cannot predict future price movements, it's worth noting that cryptocurrencies are known for their volatility, and their prices can experience significant fluctuations over time similar to the stock market. The value of E/B may rise or fall depending on market dynamics and the adoption and performance of Ethereum and Bitcoin.

If you're interested in investing in cryptocurrencies, it's important to conduct thorough research, stay updated with the latest news and developments, and consider the risks associated with investing in a highly volatile market.

Consulting with a financial advisor, professional bookkeeping services or conducting further analysis may provide more insights into the potential future performance of E/B and other cryptocurrencies.

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Free Bitcoin Miner Scam

by Steph
(California)

Free Bitcoin Miner Scam

Free Bitcoin Miner Scam

I have tried out several different iphone apps for earning free bitcoins most of which have been legit. However, I recently found out one of the apps I have been using is actually a scam and wanted to share what I learned so others don't get scammed as well.

The Bitcoin Miner app is the most basic of free bitcoin apps. The home page has a button that reads CLAIM FREE BITCOIN that you can click on every two minutes and supposedly earn 0.000005 BTC each time. It also shows the current equitable price of 1 BTC so you always know how much the BTC is worth on an ongoing basis.

There is also a wallet page that does the calculation for you to show you exactly how much the total bitcoin you have earned with them is worth in US dollars. This is also where you can enter your bitcoin wallet address for supposedly being able to withdraw the BTC you have earned once you reach .0100 BTC.

You have the ability to invite your friends with a referral code that it says will earn you even more bitcoins by earning an extra 5% BTC of total earnings of your friends as well as the ability to see a Leader board showing the top 30 free Bitcoin Miner earners.
Finally, there is an Account page where you can provide feedback, rate the app and securely sign out.

This is a SCAM! After I spend weeks clicking the button earning them Google Adsense referral money and reached the required withdrawal limit, they HAVE NOT PAID OUT. When I try to withdrawal the money, I get a repeated error message saying that I have insufficient funds to be able to withdrawal and I get no answer when asking for help. I went to the google app center to post a complaint and ended up reading the exact same type of complaints from everyone else.

DON'T WASTE YOUR TIME on this bogus Bitcoin Miner App.

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Jul 12, 2023
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starstarstarstarstar 		Bitcoin App Scams
by: Stephanie

Bitcoin app scams have unfortunately become a prevalent issue in the cryptocurrency space. With the rising popularity of Bitcoin and the desire to earn or invest in this digital currency, scammers have capitalized on people's enthusiasm and trust. These scams often take the form of purported Bitcoin mining or earning apps, promising lucrative rewards for minimal effort.

One common type of Bitcoin app scam involves apps that claim to allow users to mine or earn free Bitcoin. They often entice users with the promise of regular payouts and easy accumulation of cryptocurrency. However, once users reach the required withdrawal limit or attempt to cash out their earnings, they encounter various issues. Some apps may suddenly reset earnings to zero, while others display error messages claiming insufficient funds for withdrawal.

These scam apps frequently rely on users' engagement with advertisements, generating revenue for the scammers while withholding the promised payouts. Victims of these scams often find it challenging to contact the app developers for support or resolution, as their inquiries go unanswered. Online forums and app stores are replete with frustrated users sharing their experiences of being deceived by such fraudulent Bitcoin apps.

To protect oneself from falling victim to these scams, it is essential to exercise caution and skepticism when encountering apps that promise easy Bitcoin earnings or mining. Conduct thorough research before downloading or engaging with any app, checking user reviews, ratings, and comments for any red flags or warning signs. Pay attention to the credibility and legitimacy of the app developer or company behind the app.

Furthermore, it is advisable to rely on trusted and reputable platforms for Bitcoin-related activities, such as well-established cryptocurrency exchanges or verified mining services. By sticking to reputable sources and exercising vigilance, individuals can mitigate the risk of falling prey to Bitcoin app scams and safeguard their investments and personal information.

Ultimately, awareness and education are crucial in combating Bitcoin app scams. By spreading the word about these fraudulent practices, individuals can help protect others from becoming victims and contribute to a safer and more reliable ecosystem for Bitcoin and other cryptocurrencies.
Dec 11, 2017
Rating
starstarstarstarstar 		Don't Bother With This Bitcoin Miner App Scam
by: Anonymous

Don't bother with this app! As soon as you get near the minimum amount for withdrawing your BTC, the app spazzes out and resets to zero.

It has done this to me two time already when I was at .008 to .009 range, while you are supposed to be able to cash out at .010

They don't respond to messages for help. They are making money off of your time viewing advertisements but they don't pay you!

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