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Why Bitnyx Is Still The Most Favourite Free Satoshi Maker Without Any Doubt

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Bitnyx is the next generation bitcoin faucet platform created by crypto-coin enthusiasts. Bitcoin faucet is a reward system that dispenses rewards in the form of a satoshi for visitors to claim in exchange for completing a captcha. At Bitnyx, our purpose is to help introduce new people to bitcoin.

We provide information to new users as well as offering them some free coins so that they can “try before they buy”, experimenting with a test transaction or two before putting real money on the line. Since this whole experience is so new and a bit complicated to people, who perhaps don’t quite trust it with their hard money, Bitnyx is easy way to get free digital currency………

It is a very easy to use faucet, just register at the portal and make claims by clicking on the green button. The claims are available every thirty minutes and you earn a number of random satoshi. Pay on any wallet upon reaching 0.00025000. Payment takes place automatically every Monday, but in the settings, if you prefer, you can remove the automatic sending (something useful, for example, if you are uncertain about the wallet and you would like to change it, which you can do in the settings ).

From the referral you earn 50%, so I would say very convenient. Automatically you also participate in a weekly contest, which has up to 0.00100000. To win you have to do as many claims as possible. . There is absolutely no obligation to click on the advertisements of third-party portals to make claims, the only thing to do is just click in the green rectangle when it is ready for the claim (ie ended half an hour from the last and once replaced wait in orange with green claim, strongly recommend not to use any VPN or browser in anonymous, otherwise you are banned .. They have to trace the IP to accredit satoshi Languages ??available: English or Russian.

How to make money online e how to get free referrals with Bitnyx

How to get referrals in Bitnyx

Bitnyx offers a referral system through which you can optimize your online earnings, but finding referrals in Bitnyx it is however very difficult! For this reason MoneyMakerLand has activated a “Booking link” service that helps you find free active referrals in Bitnyx.

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Sign up in MoneyMakerLand

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Declare the usage of Bitnyx

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Book a link in Bitnyx

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When the reservation is active, all members will be your referrals

This review of Bitnyx has received 909 views that allowed our members to receive 24 click on their referral links.

How to get free referrals with Bitnyx
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External referrals

Referrals not registered with MoneyMakerLand who have clicked on the link as external visitors – Statistical

How to get free referrals with Bitnyx
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Confirmed referrals

Referrals subscribed to MoneyMakerLand with which users have come into contact directly – Real data

How to withdraw

Earnings are automatically picked up on the site Every week on Monday at 00:00 (UTC) all the current balance is automatically withdrawn directly to the bitcoin address indicated above without transaction fees. You can activate or deactivate automatic withdrawals and add or change the bitcoin address in the settings. The minimum levy available is 0.00025000 BTC.

↑ Back to the top to sign up in Bitnyx

Payment proofs di Bitnyx

How do you figure out if an online payment method is really paying? Well, very simple: see if there is proof of payment! Here’s why we’ve created a proof of payment section in MoneyMakerLand where users can upload their screens receiving up to 300 GP points in return. In Bitnyx proof of payment has not yet been loaded and therefore we can not say if Bitnyx can be a reliable site or not.

Reviews of Bitnyx

Is it better to use Bitnyx to make money online? It is worthwhile to work and spend time to find a good referrals network in Bitnyx? Recent studies state that around 85% of people read up to 6 reviews before making a decision-making choice: hotel booking, restaurant dinner choice, shopping advice, etc. Sensing the importance of testimonials we have inserted a feedback system in order to give an indication to whoever wants to enter the world of online earnings: every real testimony posted, the user receives a fee of 300 GP points. About Bitnyx:

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N° reviews

The number of testimonials posted by users and accepted in the community

All the reviews of Bitnyx
5,0

Avg rating

Lat the average of the evaluations expressed during the sending of the testimonies is 5,0 on 5,0

You want to leave a testimonial or look at all testimonials left by community users? Go to the testimonials section of Bitnyx

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Support chat of Bitnyx

Do you need a help by using Bitnyx? We have created a very useful section where community users can ask and answer questions related to the site Bitnyx. Check in the chat/forum if your problem has already been proposed, otherwise ask the experts who will be happy to dissolve as soon as possible any doubt. About Bitnyx, at the moment there are no messages in the public

Source: https://bitnyx.com

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Amazon Partners On New Ethereum Marketplace For Enterprises – Sarah Hansen

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Kaleido, a startup that aims to help enterprises implement blockchain technology, has launched a new platform in collaboration with Amazon Web Services (AWS). Kaleido Marketplace will provide tools and protocols for all the components of new blockchain projects, “from the app all the way to the chain,” founder and CEO Steve Cerveny told Forbes. Commodities platform Komgo, whose network of financial institutions includes Citi, ING, Koch Supply and Trading, MUFG Bank, Societe Generale, Credit Agricole Group, BNP Paribas, and Shell, is a current client…………

 

 

 

 

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Bitcoin Fundamentals Haven’t Changed, Says Anthony Pompliano – Osato Avan-Nomayo

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Bitcoin isn’t dead, says Anthony Pompliano, despite the current massive cryptocurrency price plummet. The Morgan Creek Digital Partner believes emphasis should be on fundamentals (which haven’t changed), rather than price.

Speaking to CNN on Friday (November 23, 2018), Pompliano declared that Bitcoin’s current price $4085.52 +0.34% didn’t significantly alter the historical outlook. Beginning on Wednesday (November 14, 2018), the top-ranked cryptocurrency and indeed the market as a whole has been experiencing a massive price decline.

For Pompliano, the current situation is hardly anything more than BTC’s usual bear cycle which has occurred multiple times in the past. The Multicoin Capital co-founder, however, noted that the current trend could see the top-ranked cryptocurrency slip to $3,500 or even $3,000.

In a Sunday tweet, Mati Greenspan of eToro, also echoed Pompliano’s statement, identifying $3,500 and $3,000 as the next critical support levels for the cryptocurrency.

Proper Way to Value Bitcoin

From a value perspective, Pompliano also touted the importance of Bitcoin given its transaction volume, which is beginning to mirror that of Mastercard. According to Coinmarketcap, BTC’s 24-hour transaction volume stands at almost $6 billion on a $66 billion market capitalization.

What is perhaps even more profound is the fact that a large percentage of these figures stem from retail trading with minimal institutional presence. Pompliano identifies this same trend stating that is another indication that upon the influx of institutional investors, BTC has the right fundamental outlook to stage another massive positive price breakout.

For Pompliano, BTC’s value proposition also includes its ability to act as a hedge against traditional assets. Recently, Bitcoinist reported on Spencer Bogart of Blockchain Capital saying that “gigantic opportunities” still abound in BTC.

Bitcoin Sinks to 14-Month Low

While bullish sentiments remain among many a commentator in the industry, the market slide continues. On Saturday (November 24, 2018), BTC fell below $4,000 to reach its lowest price since September 2017.

Bitcoin is now down by more than 80 percent from its December 2017 all-time high. The question remains how low can BTC go before bottoming out. Elsewhere in the market, the story isn’t different with other cryptocurrencies experiencing massive price dips.

The total market capitalization now stands at $123 billion which means an 85 percent decline since the start of the year.

 

 

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Is It Over Yet? Bitcoin Falls Under $4000 Hitting 14-Month Low – Allen Scott

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Bitcoin price fell through $4,000 support to reach a 14 month low not seen since September 2017, losing 30% in the past week alone. 

Bitcoin price has taken quite a beating in the past weeks as more people are asking if this time is different and if it will ever recover. 

BTC price $4075.59 +0.98% has buckled, falling under $4,000 and down to $64 billion market capitalization. The cryptocurrency market as a whole has shed almost 50% or $100 billion in market cap over the past ten days alone.

Meanwhile, a fresh barrage of obituaries has hit the mainstream press headlines, notably: 

  • “Stick a Fork in Bitcoin, It’s Done” – Forbes
  • “Cryptocurrencies are About to Become Worthless” – Independent
  • “Jamie Dimon and Warren Buffett Have the Last Laugh on Bitcoin” – Bloomberg

The Bitcoin price is now sitting at a 14-month low not seen since September 2017 and is down a whopping 30 percent in just the past week.

A Ray of Hope

As Bitcoinist reported this past week, the current downtrend is nothing new for Bitcoin. Known as the ‘honey badger’ of money for good reason, the cryptocurrency has historically recovered from even bigger crashes of as much as 90% in the past. 

Meanwhile, traders are cautiously sitting on the sidelines, as the $3,000 appears to be the next line of defense and a potential bottom. Genesis Capital Trading chief Michael Moro told CNBC on Friday that “You really won’t find [the floor] until you kind of hit the 3K-flat level,” adding:

This is about the fifth or sixth 75 percent-plus drawdown that we’ve seen in the 10-year history of bitcoin. And so if you have that [long-term] lens, I don’t believe institutional investors really ultimately care where the price of bitcoin ends in 2018 simply because they’re looking at things three to five years out.

The current drop has also been predicted, if not expected by some analysts and notable industry figures. Earlier this month, Bitmex CEO Arthur Hayes said BTC price could drop to as low as $2,000, adding that the ‘crypto winter’ could last for another 18 months.

Bitcoin trader and analyst Tone Vays meanwhile has also been bearish throughout the year. Though his recent short-term bullishness now appears to have been premature.

The $3K potential bottom — which was a key resistance level in 2017 — may indeed prove to be significant. Cryptocurrency analyst Murad Mahmudov, for example, has charted one of the more accurate predictions to date. Though it remains to be seen whether the $3K floor holds, Mahmudov sees the market as ‘cyclical’ and expects a possible turnaround sometime in summer 2019.

“The key is to stay calm and relaxed,” he wrote in reaction to the current drop. “Don’t panic. Such is the cyclical nature of life.”

With some key events expected over the next few months, namely the launch of Bakkt and a decision on Bitcoin ETF, all eyes will be on the next key support level of $3,000, though chances of a prolonged ‘crypto winter’ and sideways trading into the summer is very possible if the previous ‘crypto winter’ of 2014-2016 is anything to go by.

 

 

 

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US Investigating If Tether Bitfinex Illegally Moved Bitcoin Price to $20K – Esther Kim

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Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities.

As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation.

While no formal accusations have yet been made, the US Department of Justice (DoJ) is investigating the pair’s potential role in fuelling Bitcoin’s all-time price highs of $20,000 in December 2017.

According to the unnamed sources, prosecutors have “recently homed in on suspicions that a tangled web involving Bitcoin, Tether and crypto exchange Bitfinex might have been used to illegally move prices.”

The Commodity Futures Trading Commission (CFTC) originally subpoenaed the two businesses in January this year, months later denying a freedom of information request to examine what exactly the regulator thought had occurred which was against the law.

Both continue to function as normal, while commentators differed in their opinions as to whether Tether issuance impacted on Bitcoin markets at various times through the year.

Executives have meanwhile issued official responses to various accusations in recent months, Bitfinex remaining adamant that any rumors of wrongdoing were malicious hearsay.

These included doubts over the exchange’s solvency which constituted the most recent debacle last month.

“How any rational party can claim insolvency when the opposite is there for all to see is interesting and, once again, perhaps indicative of a targeted campaign based on nothing but fiction,” the response read.

As Bitcoin loses over 30 percent this week, monitors have noted mass transfers of Tether’s USDT tokens, including a batch of 50 million Tuesday from the Tether Treasury to Bitfinex. In the past, sales of freshly ‘minted’ USDT tokens have sometimes coincided with a rebound in BTC price $4030.65 +0.17%.

 

 

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Top 5 Richest Bitcoin Addresses Belong to Exchanges – Georgi Georgiev

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The richest Bitcoin addresses are owned by cryptocurrency exchanges. Collectively, these addresses hold less than 3.5 percent of all bitcoins.

Not surprisingly, the top 5 wealthiest Bitcoin addresses belong to cryptocurrency exchanges. All of them hold a total of 592,943 BTC, which is currently worth around $3,150 billion. This accounts for roughly around 3.5 percent of the entire amount of BTC.

  1. Binance

Binance is the world’s largest cryptocurrency exchange by means of traded volumes and its cold wallet currently holds 141,096 BTC worth $749,654,668. This is 0.8117 percent of all BTC and it’s the richest address so far.

  1. Bitfinex

The cold wallet of Bitfinex is the second richest BTC address. It currently holds 138,661 BTC which are worth $736,714,464 or 0.7977 percent of all BTC.

  1. Huobi

The third place is occupied by Singapore-based cryptocurrency exchange Huobi. It has 108,135 BTC in its wallet which are currently worth $574,526,670. This is 0.622 percent of all BTC.

  1. Bittrex

Bittrex’s cold wallet is the fourth richest BTC address and it holds 107,203 BTC. This is worth $569,577,142 or 0.6167 percent of all BTC.

  1. Bitstamp

Bitstamp holds 97,848 BTC in its cold wallet, making it the fifth wealthiest BTC address. Their dollar worth is $519,974,509. It accounts for 0.5629 percent of all BTC.

Other Wealthy Individuals

While it’s quite natural that the wallets of cryptocurrency exchanges would be the wealthiest addresses, there are a few investors’ who are purportedly particularly loaded with BTC $4022.60 +0.51% as well.

Cameron and Tyler Winklevoss, for example, purchased BTC for $11 million back in 2013 and are also owners of the Gemini trading platform.

Other popular wealthy BTC owners include Tim Draper, who bought 30,000 BTC off a US Marshal’s auction, Barry Silbert, Roger Ver, Charlie Shrem, and others.

It’s also worth noting that the overall BTC ownership of BTC has changed through the years. At some point, the US Government was in possession of more than 144,000 BTC seized in the popular Silk Road case.

 

 

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Want Bitcoin Black Friday Deals? Open Coinmarketcap – Georgi Georgiev

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Despite the plummeting prices of late, Bitcoin Black Friday deals are still plenty online. Discounted timepieces and cryptocurrency wallets flood the market but perhaps the best deal out there is Bitcoin itself.

Traditionally, the Friday after Thanksgiving marks a period of massive discounts throughout all the industries. The world of cryptocurrencies also seems to be riding the wave with Bitcoin Black Friday, as numerous interesting deals can be found all over the internet.

Popular Bitcoin and cryptocurrency hardware wallet Ledger Nano S is currently running a promotion which can save you half the price of the device.

If you fancy yourself a Bitcoin-inspired timepiece, you can check out Cryptomatic and get 21% discount for the occasion.

Other promotions include:

Promotions spread on cryptocurrency trading platforms as well, where traders can further increase their profits by taking advantage of temporarily reduced spread, fees, and whatnot.

SimpleFX, for example, has a Black Friday promotion, which reduces spread by 50% on every symbol until 21:50 UTC on November 23rd.

This year has even gone artistic, as a BitPay-promoting music-video was released on YouTube, themed after Rebecca Black’s 2011 hit “Friday.”

The musical masterpiece includes profound lines such as “Everyone’s adopting Bitcoin, don’t be a weirdo”, and “They don’t take cryptocurrency, they should take cryptocurrency. Excuse me, sir, what currency will you take?”

Many more deals are available at the official Bitcoin Black Friday website.

All of the above aside, the tumbling November prices might have created the biggest ongoing sale out there – that of cryptocurrencies. Bitcoin (BTC) $4033.43 +0.91% itself has lost over $2,000 in the last 10 days alone, causing some to believe that the crash has created a buyers’ market.

“Savvy investors understand that digital currencies are the future of money and, as such, they will be capitalizing on the lower prices in order to build their portfolios and shore-up their positions,” said Nigel Green, CEO and Founder of financial company deVere Group.

Naturally, the trend has been picked up by Twitter, as users quickly recognized the best deals on the block:

Dean Pierce🌀 @deanpierce

Holy crap these Black Friday deals are insane.

Bitcoin Miner Canaan Allows $400 Million IPO Application to Lapse – Osato Avan-Nomayo

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Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year.

According to Reuters, Canaan Creative allowed its $400 million IPO listing to expire. This expiration comes six months after the company submitted its filing to the Hong Kong Stock Exchange (HKEX).

Inside sources revealed that regulators from the HKEX had multiple issues with the company’s business model. Unless the Hangzhou-based Canaan refiles its IPO application along with updated financial information, the IPO might not happen again in 2018.

At the outset, Canaan’s projections for the public sale stood at $1 billion. However, the company revised its target, lowering it considerably to $400 million. This news comes amidst Wednesday’s drop that saw cryptocurrency prices fall by an average of 12 percent.

Canaan isn’t the only Bitcoin mining hardware maker planning a public sale. Both Ebang and industry behemoth, Bitmain also have pending IPO filing applications with the HKEX. An inside source told Reuters that Ebang’s IPO was unlikely to happen in 2018.

For Bitmain, the company continues to respond to questions from both the HKEX and Hong Kong’s financial regulator – the Securities and Futures Commission (SFC).

In August, Bitcoinist reported that Bitfury, another Bitcoin mining company also planned to pursue an IPO.

Meanwhile, in Hong Kong, recent reports suggest that financial regulators plan to pursue a more robust regulatory landscape for the local cryptocurrency industry. In October, former SFC chief, Carlson Tong Ka-shing said the SFC’s commitment was to adequately regulate the industry without harming the progress of cryptocurrency companies.

For Tong, investor protection ranked highest among the list of priorities for the SFC when it came to cryptocurrency regulation. Echoing Tong’s sentiments, Ashley Alder also recently noted that the SFC wanted to offer complete protection for virtual currency investors in Hong Kong.

Presently, the SFC is trying to expand its regulatory oversight to cover cryptocurrency businesses whether they deal in securities or not. Also, the SFC is mulling the creation of licensing requirements for cryptocurrency exchange platforms operating in Hong Kong.

Do you think any of these Bitcoin Mining firms will be able to conduct an IPO anytime soon? Let us know your thoughts in the comment section below.

 

 

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Bitcoin Pioneer Files For Bankruptcy – Emilio Janus

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Carlson started mining bitcoin as a hobby back in 2012 and saw the potential of cheap hydro-electric power in the state. A former Microsoft engineer, Carlson built the world’s largest bitcoin mine in an old furniture store in Wenatchee in 2013.

The benefit of the reduced energy costs quickly became felt and the company expanded to offer hosting services to other miners. In central Washington, electricity sells for less than a quarter of the national average.

Bitcoin Boomtown

In 2017, as the bitcoin price exploded, GigaWatt planned a multi-million dollar expansion on a nine-acre plot in Douglas County. Local authorities supported the scheme to create 24 prefabricated ‘pods’ where miners could set up their operations.

The company raised $22.6 million dollars in an ICO, issuing tokens redeemable for discount hosting services. Carlson and the other three owners also invested $25 million to back the project. Everything was looking rosy for GigaWatt and Wenatchee.

Small-town Slowdown

If falling bitcoin prices made it hard to attract investors and clients, construction delays and budget overruns threw a real spanner in the works. The hosting pods remain incomplete and GigaWatt has faced several lawsuits from investors.

According to the bankruptcy filing, GigaWatt holds less than $50,000 in assets and has creditor claims of $7 million. It faces eviction proceedings from the Port of Douglas County, although these are ‘on hold’ pending the latest filing.

Climate Change

The climate has somewhat changed for miners across Washington State recently. Towns are pushing back against the previously welcomed miners and Grant County has introduced higher energy tariffs for ‘evolving industries.’

Despite this, the Port Executive Director hopes that the project will still be completed, either by GigaWatt or another operator. She said:

The goal would be to have the project in some way shape or form completed so that it is a productive use for both the port district, in terms of lease revenue, but also providing jobs and economic growth for the community at large.

 

 

 

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$2 Million: Lightning Network Hits Record Capacity Despite Bitcoin Price Decline – P. H. Madore

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Perhaps it’s unsurprising to readers familiar with Blockstream CEO Adam Back’s recent prediction of a $500,000 Bitcoin, but one of the blockchain startup’s chief technological efforts, the Lightning Network (LN) — which facilitates off-chain Bitcoin payments instantly at very little cost — saw a rise to over $2 million in capacity while the price of Bitcoin sharpened its decline.

Back is not an economist, he is a cryptographer, and his firm thrives when Bitcoin does well. However, Tom Lee is a Wharton School graduate and financial analyst with more than 25 years experience doing financial research, and his prediction, with just several weeks left in the year, is still a $15,000 Bitcoin by year’s end.

When we refer to “capacity” in the Lightning Network, we mean the amount of money that is locked up in smart contracts on the platform, and therefore the amount of funds that can be transacted instantly at any given time. Payment channels are typically set up by merchants who would like to receive payments instantly, and used by customers who would like to pay drastically reduced transaction fees.

The spike is notable because it correlates with a declining Bitcoin value, indicating that Lightning usage and adoption is not necessarily tied to fiat feelings toward Bitcoin or cryptos in general. There are several factors coming to light as regards the dollar flight, one of which is recent reporting which reveals that the US Department of Justice is pursuing a criminal case focusing on price manipulation at the hands of several major players in the USDT/BTC markets.

1ML.com analyzes the Lightning Network and provides data about the scaling solution. Even as the price of Bitcoin continued to slide, the effective throughput of its more than 11,000 nodes had surpassed $2 million when we first began researching this article. Volatility being what it is, the actual throughput at time of writing stands somewhere over $1.97M, or 432.7 BTC.

The figures on the Lightning Network are important in particular to those who believe “market adoption” and “merchant adoption” are mutually inclusive and equally important. Those who’d like to buy a cup of coffee with Bitcoin, as the old argument goes, can do so on the Lightning Network for an infinitesimally small fraction of what it would cost to do so on the regular blockchain.

Among the top channels on Lightning at time of writing were Bitrefill, a company which facilitates prepaid phone payments via Bitcoin, and Torguard VPN. Blockstream, which is one of the three primary developers of LN software, was also unsurprisingly near the top of the list of more than 11,000 providers.

Lightning Network is still relatively nascent, and with overall demand for Bitcoin seeing a marked decline, it may take some time yet to achieve its full potential.

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