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Ethereum (ETH) and Florincoin (FLO) added to FreeBitcoins.com again

FreeBitcoins.com has listed Ethereum (ETH) and Florincoin (FLO) back to all three main sections of our website. Effective immediately, users are able to use FreeBitcoins exchange to trade ETH and FLO with Bitcoin.

https://freebitcoins.com/xchange/market/Ethereum

https://freebitcoins.com/xchange/market/Florincoin

Users can earn free Florincoin from our cryptocurrency faucet and start trading today: https://freebitcoins.com/xchange/market/Florincoin

Thank you for using FreeBitcoins.com!

Categories
News

Free Bitcoins Is Delisting Ethereum and Florincoin

FreeBitcoins.com is delisting Ethereum (ETH) and Florincoin (FLO) from all applications of our website (exchange, faucet, and swap.) Please withdrawal your coins as soon as possible. There is no time period that customers need to withdrawal, but the sooner the better, please!

Users with existing orders on either ETH or FLO can cancel their orders on the Orders page: https://freebitcoins.com/xchange/profile/orders

The reason we are delisting Ethereum is that we are having difficulty using it on our automated service due to the lack of coin control in the wallet. ETH is also very expensive to send at the moment, so any mistake we make ends up costing us money that we can’t afford at the moment… the learning curve is just too expensive for our company at this time. There absolutely is a chance that we will relist ETH in the future.

The reason we are delisting Florincoin is that the FLO developers accounted that they are moving their development efforts to some Token. You can read more here: https://medium.com/public-index-network/upgrading-flo-to-pin-to-build-content-rich-web3-applications-d3b679b8f6ab and the new project they are shifting to can be seen here: https://publicindex.network/. This personally causes me to lose all interest in FLO because the technology that Florincoin has been built on since 2013 (cryptocurrency) is being removed from it and replaced with token stuff that strikes me as sketchy. Florincoin very likely will not be readded to our website in the future.

We apologize for any inconvenience this may have caused anyone and we are super thankful for our users.

There is no time limit on withdrawing your ETH or FLO, but we strongly recommend the sooner the better!!!!!

We wish both projects nothing but the best and lots of success!

Steven Steiner

FreeBitcoins.com CEO

Categories
News

Clamcoin a proof of stake coin that is older than Ethereum is up 34%

Too Long, Didn’t Read; CLAM older than Ethereum (ETH). CLAM just surpassed DOGE price per coin. Big exchange Bittrex, Circle, Poloniex blame CLAM for their problems. CLAM is a proof-of-stake coin, which means CLAMS are like digital miners and secure the network + generate income. CLAM distributed to DOGE, LTC, & BTC hodlers, so CLAM well distributed for free. CLAM supply low (4 million), this can cause illiquidity causing price go high after sellers run out…Insert moon-rocket emoji here.

Back in May of 2019, Poloniex, a United States altcoin exchange, suffered a huge loss across their entire platform due to a flash crash of the CLAM cryptocurrency and uncovered margin calls [4]. Instead of taking responsibility for mishandling users’ funds and downplaying the risk of margin lending, Poloniex’s initial response was to blame the CLAM cryptocurrency for low liquidity. Poloniex had been recently acquired by the US-based cryptocurrency company Circle, who also shifted blame to the previous owners of the site. Circle ended up selling the company to overseas investors to distance themselves from the situation [5]. Circle did end up reimbursing a pittance amount to some users, but many remain uncompensated [6].

Okay, this exchange Poloniex pulled some robin-the-hood level blame-shifting uncovered-margin-calling scam on an obscure coin named CLAM [1]. So WTH is a CLAM? [3] CLAMs were given away to every single crypto wallet that had a balance of Bitcoin, Litecoin, or Dogecoin in 2014 [2] Yes you heard that right, DOGECOIN. So here’s the deal, CLAM has a much lower active supply than ANY of these cryptocurrencies used to forge it (yes, there is less active CLAM than BTC right now). And if any of you were paying attention, not too long ago, apes could buy CLAM cheaper than DOGE—which has a way higher supply. Oh, did I forget to mention CLAM is proof of stake, and users are incentivized to HODL rather than sell? The fundamentals say this coin is going straight to the moon, so better get on before the rocket takes off.

The exchange that has to most liquidity for CLAMs is FreeBitcoins XChange. https://freebitcoins.com/xchange/market/Bitcoin-Clamcoin

[1] – https://coinpaprika.com/coin/clam-clams/

[2] – https://bitcointalk.org/index.php?topic=623147.0

[3] – https://www.youtube.com/watch?v=g6iDZspbRMg&t=652s

[4] – https://modernconsensus.com/cryptocurrencies/alt-coins/new-poloniex-bosses-attack-circle-plan-refund-for-those-hit-by-clam-price-crash/

[5] – https://medium.com/poloniex/poloniex-spins-out-from-circle-with-new-backing-global-focus-5a19357bdaee

[6] – https://www.reddit.com/r/poloniex/comments/gxhzjf/what_happened_to_poloniex_clam_situation/

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