Likewise, if you browse our site you will find additional information about the legal status and legitimacy of financial betting. As hinted above, online trading is at this moment regulated in a number of countries such as the USA, the United Kingdom, Cyprus, Japan and others. Just to let you know. The answer is that financial trading is not a scam and you can really make money using this form of online trading. This is because if those brokers would deliberately scam traders not living in the country where they have acquired their licenses the governments that issued their license would still consider them fraudulent and withdraw their licenses. These brokers are never fake and never a scam and as such can be trusted by traders. Is Options Trading Real? Trading on financial assets will give you the possibility to generate money on a consistent basis completely independent from luck and chance. Financial trading however is not a game that someone just invented. Besides this, you will also be able to find various guides and instruction material that will teach you how to trade financial assets successfully.
However a few days ago it was announced that 24option has stopped opening new binary options account, they will focus on CFD and Forex from now on. Can you really make money? So, by now you know that binary options are not a scam and that most brokers are even legally allowed and approved by various governments such as that of the USA and the United Kingdom to offer online trading services. Brokers that have managed to acquire a license in the mentioned countries are also safe for traders who do not live in the mentioned countries. Based on the description given above, yes, you can indeed make money in binary trading. Hi, I noticed that you recommend the broker 24option. What this means is that the authorities of these countries have openly admitted and recognized in law that binary options are not a scam. Are ALL brokers real and safe? Yes, binary options trading is a legitimate form of investing. That would make no sense whatsoever.
These brokers ARE scams! In this type of trading, traders have the possibility to predict the future movement of certain assets such as stocks, indices, forex currency pairs and commodities. And you making money has nothing to do with luck and chance. In short, binary options are not a scam if you only trade at legit service providers. JPY using binary options. Read this article if you want to learn more about the truth behind binary options. For this reason, many people are asking the question if binary options are a scam or not. Fortunately there are already a very large number of binary betting brokers that have a valid license issued in reputable countries.
Each game was created the way to offer the gaming provider an advantage; no matter what you do, the dealer always wins in the long run. However, there are unfortunately indeed some brokers that are scams and should be avoided. And like said above, you should also choose these brokers in case they are not specifically licensed in your country. In this ultimate guide to binary options trading you will learn everything you need to know about this form of online trading. So, keep this is mind next time you want to trade on financial assets. If this is the case, it means that the respective broker is also legal and safe and not a scam in all other existing countries as well.
Why would governments of the mentioned countries explicitly legalize something that is a scam? Read this article and become a pro trader right now. But as explained, stay away from those brokers that do not have any license at all. However this is not true because in binary trading people DO have the possibility to predict the movement of markets. You will learn about what influences the movement of this forex pair so that you can make accurate investments at your binary options broker. There are some brokers that are indeed scams and should not be trusted. Unfortunately not all financial trading service providers operating these days are legal and safe.
Fortunately, financial trading is already regulated in many countries around the globe and for this reason there are already a number of brokers that are regulated and licensed which are definitely not scams. Licenses will only be awarded to those brokers that have been rigorously evaluated by the governments that determined that they do not offer fraudulent services. Ranked US Broker: Get Free Bonus Here! In case the prediction will turn out to be inaccurate then the trader will lose the investment. This is another reason why binary options are not a scam. In the mentioned countries, legitimate binary options brokers have the possibility to apply for a license. BetOnline severely lacks in the trading features department, as the company does not provide news coverage, technical analysis, research, or any other type of market information. BetOnline is a gaming portal, and as such provides one of the best bonus packages in the market. Digital, Touch, Range, Turbo, One Touch, and 5 Ticks binary options.
Perhaps one of the major drawbacks of trading with BOL Financial is the lack of a demo trading account. However, BOL Financial does not provide this option, and it may come as a surprise to both new and established traders that BetOnline does not provide a demo account option. BOL Financial allows traders to enjoy lesser profits, in return for a fixed refund in the case of a losing trade. Therefore, if a trader is not confident about their trading prospects, they can always choose a lower payout, which guarantees a refund in the case of out of the money trade outcomes. Binary Options trading markets can heap good rewards. Therefore, in the grand scheme of things, BOL Financial may offer added advantages for online gamers, but as far as binary options traders are concerned, BOL Financial may offer restricted market access. BetOnline is a pure gaming service, which means that users are pampered with some of the most amazing bonuses available in the market. However, there are a few shortcomings such as a lack of a demo account and the relative weakness of the regulatory status. Even the charting options are pretty basic, as the online interface only provides a basic candlestick chart of the assets for numerous timeframes.
BOL Financial does not provide any free trading signals, neither does the company offer any news coverage or technical analysis. The online platform has a convenient layout that not only provides all the relevant information about trading, but also offers a basic chart, a bet slip, and access to the full range of assets offered by the company. BOL Financial has been known to process withdrawals on time, and have a pretty good success rate. The platform needs improvement to include more features and added reliability. BetOnline does not conceal its affinity towards gambling and betting, as the company has offered its BOL Financial services alongside other betting and gaming departments such as sports betting, online poker, live casino, and other forms of online and offline gambling services. BetOnline enjoys in the online gaming industry. The absence of a demo account for trading.
Varied payment options and lower deposit options. If you are indeed keen on getting familiar with the platform before live trading, the online representation of the online trading interface can be a good option to provide you with the overall feel of the interface. Being a gaming website, BetOnline has ensured that its clients can access any type of gaming or betting product, without having to open individual accounts for each service. It is true that the company focuses on the gaming and gambling aspect of trading, but users will still require a basic amount of research and technical tools to make a correct interpretation of the market. BOL Financial is only a part of the overall services portfolio offered by BetOnline, and it is offered in conjunction with other gaming, betting, gambling, and poker related products. Therefore, it is indeed a surprise and a huge oversight by BetOnline to have omitted the availability of a dedicated binary options trading app for mobile users. Our BetOnline Financial review is designed for all investors, regardless of their expertise or market knowledge. Of course, the company does provide a demo of its trading platform by granting access to the online platform through its website, but actual live trades can only be performed by opening a real account and depositing money into the account.
Is The Company Dedicated To Online Gambling? Traders have the option to indulge in different types of betting and gaming alternatives. Apart from the profits and losses incurred for in the money and out of the money trades, there are no other costs of trading associated with BOL Financial binary options or financial betting. The company also allows its clients to take advantage of the innovative binary options products and trading features, which keeps it in good stead against the competition. Therefore, we are a bit concerned that BetOnline may not be able to match the standards set by other leading regulated Binary Options brokers. BOL Financial platform is not as efficient and reliable as other mainstream binary options trading interfaces, as the platform has numerous bugs and intermittent issues. BetOnline launched its gaming services in 1991, but only recently included the financial markets into its portfolio by offering a dedicated Binary Options trading service in the FX and commodities markets. Nevertheless, BOL Financial is a good option for binary options traders who would also like to try their luck in online gambling, poker, live casino, and sports betting.
Is BOL Financial A Good Broker For Bonuses? Traders may only be able to make a withdrawal using Bitcoin, Litecoin, Bank Wire Transfer, Cheque, Skrill, and Neteller. BOL Financial is a financial betting product, which is offered as a part of the overall gambling and betting services offered by BetOnline. Normally, we recommend traders to demo trade a new platform for an extended period of time, in order to get familiar with the interface, before moving on to real and live trading conditions. Traders can fund their accounts through Bitcoin, Litecoin, Visa, MasterCard, MoneyOrders, Skrill, Neteller, Bank Wire Transfer, and Cheque. Customer service is limited to a phone number and a few emails, which is conspicuous in its absence of a live chat feature and a web contact form.
BOL Financial is a financial product offered by BetOnline, which is a gaming website that offers a wide range of products and gaming resources for gamblers and bettors around the world. Therefore, gamers can invest in financial products, while binary options traders can also try out their hands in poker, gambling, and sports betting. Nevertheless, the trading platforms are not difficult to use and are highly flexible to be used on different devices. Nevertheless, BOL Financial has provided all the major FX currency pairs and the main commodities to ensure comprehensive market coverage. Excellent bonus options for all types of traders. Therefore, make sure that your identifying documents and your name on your online accounts match each other to ensure seamless withdrawals. On the downside, though, BOL Financial may impose several bonus terms and conditions, which should prevent traders from withdrawing their money before satisfying the bonus terms and conditions. How Much Do I Need To Invest In BOL Financial binary options? As a result, the potential for losses is minimised, which is further aided by the amazing bonuses on offer.
BOL Financial allows traders to enjoy competitive profits, and even earn refunds in the case of out of the money outcomes. The BOL Financial section of BetOnline may not be able to match the sheer number of financial instruments and tradable assets as offered by other leading binary options companies, but it does cover a significant part of the FX and CFD market. Questionable regulation and location that does not induce much confidence in the trader. Competitive returns with the option of getting a refund for losing trades. Binary options trading may be considered as a form of gambling, but there are certain ways by which traders can improve their odds of winning. Basic charting package with minimal features. You can work with several live trading features, experiment with odds, stake, and asset selection, and browse through the binary options products and expiry times to learn more about the platform performance. BOL Financial offers six different types of binary options trading products, which can be used to bet on the direction and trend of the markets. Both platforms are designed to offer comprehensive access to all the different products and services offered by the company, which also includes financial betting and binary options trading.
Apart from the few reliability issues, the BOL Financial platform is indeed not difficult to use, and traders can get comfortable with the platform really quick. They may have even programmed these levels into their charting software to notify them when prices are moving, this is also useful if you have a full time job and are trading as a hobby or side business. They might find their edge in studying the fundamentals of the market each week or day. In most instances they will have prepared a trading plan in advance, and know the trades they want to make when their criteria is met. While we consider ourselves traders and write this site for traders, it is important to recognize another large segment of players in the market. It comes down to your approach to the market: are you a trader or a gambler?
They could be conservative in all other aspects of their life and investments and trading is where they deploy a small amount of their risk capital in the hope of making large and fast profits. Well, are you a trader or a gambler? Join TradingView for free to take your binary option charting to the next level. The trader is looking for an edge. In short, yes and no. This is a serious business. This may be their form of entertainment, just as people spend considerable money on computer games or make a bet on their favourite football team.
While the gambler is interested in profits, they are often seeking something else from the market. Is Binary Options Gambling? Leaving any sort of moral argument out of it, both the trader and the gambler have a different approach to binary options. It might be in understanding technical price levels, using indicators or even analyzing and trading on news, data releases or political events when they occur. Are binary options trading or gambling? Are you depending entirely on chance?
To stake or risk money or anything valuable on the outcome of something involving chance. If you had a way of predicting the coins side right 60 percent of the time, or get a higher payout than 100 percent if you are right, you would be sure to make money over time. Discrediting binary options as gambling is a way for traders of other assets to out themselves on a pedestal they do not deserve to be on. On the other hand, every roulette player is trying to make a profit as well. Therefore, there is always an element of chance. The entire premise of technical analysis is to determine which outcome will most likely happen. Many people discredit binary options as gambling. Of course, any investment in financial markets involves an element of chance, but that does not necessarily qualify it as gambling. In that case, you are gambling with binary options.
In that case, you would be investing not gambling: You would be using a system with a certain earnings potential to make money. After all, any form of financial investment involves money and an outcome determined by chance. The difference, however, is which definition is more dominant in what you do. To understand the difference, think of a simple coin toss: If you had a coin that shows heads or tails 50 percent of the time and you would get a payout of less than 100 percent in case you win, you would be gambling. You would be hoping to beat the odds using sheer luck. After all, you are trying to make a profit, right? Most investments qualify for both definitions. They claim that simply picking a market direction is much like betting on red or black with roulette.
The dictionary offers a number of definitions for gambling. Typical signs of a gambling approach to binary options is the lack of a clear method, and either no money management or the use of a Martingale money management system. In financial markets, there is no certainty. Are you gambling or trading? They do as well. But is that a bad thing? Are these claims true? Therefore, whether what you do qualifies as gambling or trading depends on how you approach your trading, not on whether you are trading binary options or conventional assets. Any prediction is at best likely, but never sure to happen.
Do you invest randomly and have no clear cut method? Do binary options classify as trading according to this definition? With binary options, solid technical analysis is the difference between gambling and investing. This article will tell. No investment is certain to be profitable. The outcome has to be determined by chance. Of course they do. To determine whether binary options are trading or gambling, we first have to define both terms. You are no different from a roulette player betting on red or black. Now, do binary options fulfil both of these criteria?
If you have a clear cut method that you follow methodically and improve constantly, and if you are using a conventional money management system, on the other hand, you are not depending on chance alone. So, what is trading? The action has to involve money or anything valuable. Apparently, the difference between trading and gambling is fluent and not that not difficult to define. Over time, gambling will always cause you to lose money. Therefore, when the ATR shows a strong trend just happened, it means that momentum may have died, and that prices may not move further from their current position. Also in typical trading, the further the markets move in your favour, the higher your returns. When trading the financial markets, typically you want to predict the direction in which markets will move and place your trade in that direction. Unless you have a really bad day where you have a string of losing trades.
When hedging, you will be taking both sides of the trade, betting both that the markets will go up and down. In the end, you will always have a profit. If you do this often enough, you will be making huge profits on good trades and only small losses on the losing trades. The ATR often moves sideways before news announcements, and this is where you want to make your trade. However, binary options will pay out the same returns regardless of how much the markets move in your favour, making it a lot like gambling. This indicator shows how fast the markets have moved in the past trading period. To make use of this method, you only need to know if the markets have enough momentum to move significantly to break out of the boundary. If the price hits any of these points before the expiry, they you win.
This is why it can be profitable to apply gambling strategies in your binary options trading. However, of the ATR has been moving in a range, it shows that traders have been inactive, and that there is the possibility of a big move. Click Here And Get It! Giardino e casette di legno con a prezzi accessibili prezzo. To be honest, I had to rely on the judgement by folks that have experience and are willing to share their knowledge. More about these in a later chapter. Tells me to hang in there and follow the signals precisely. Maybe someone you need to, use. Binary Options have been a hit among a new breed of traders which are willing to take a high risk with their investment, hoping for quick profits.
The computer, unaware of all of this, follows the latest trends, which were UP and sends his signal. Obviously, my experience was not a pleasant one. What does all this mean? The seller also is resisting, for a while at least. Is Binary Option Trading Legit, a Scam or Gambling? How To Find The Best Binary Options Brokers? NADEX, on the other hand, offer increased protection for the traders. Unscrupulous internet marketers flooded the web with misleading information and products, giving the whole industry a bad reputation.
But I was not trading just yet. Tuesday, November 11, 2014: Bummer! It sounds surreal, but THERE IS NOT A SINGLE US REGULATED BROKER other than NADEX. Monday, November 10, 2014: Good day. Intraday bias remains neutral and more consolidation could still be seen. He is the best out there. This website is a participant in the Amazon Services LLC Associates Program, an Affiliate Advertising Program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. This is just a little example of the little things a software program cannot foresee or predict to happen.
What exactly is Binary Options Trading? But for the wrong reasons. Not good, not good at all. Searches on Google and YouTube produce hundreds of Binary Option Scams. Am I willing to take this risk? Thanks for your input, I appreciate it. Wealthy Affiliate, the best online learning center in the world. Oh my, am I in this way over my head or what? Have to think that over though. Binary Option Trading industry.
What Is Digital Altitude? Kevin Kelly has been predicting our technological future with uncanny prescience for years. As far as I am concerned, I am done with Binary Option Trading. Wealthy Affiliate, Simply The Best! But I cannot blame the computer for it. This opened the doors for lesser reputable brokers to enter the US market. Some time ago, he spent 500 million on Australian dollars, 80 cents for 1 AUD. Long thought a binary option to choose and did not know any better, but drank a little information from the Internet, and it is from this article bestoptionstrategies. TRADING DAY for me. In fact, they will warn you that this kind of trading is risky and you may lose your money. Until very recent, this form of trading was not well known by the general public.
My Experience As Binary Options Trader! Oh well, for sure better luck tomorrow. And so the story goes. Is Binary Option Trading Regulated? Recognizing these scams is actually simple. CAD bets cost me a Franklin.
My main focus was on the software signals and how the market actually moved. Certain content that appears comes from Amazon Services LLC. Consulted with customer support. If you are interested in earning money online with your own home business, I recommend you check out my Wealthy Affiliate Review for all the details. One can argue if the rules and regulations are adequate and up to par with European or US standards. Just think about this hypothetical scenario for a moment. As my luck has it, a grumpy old buff answers. Friday, November 14, 2014: I followed the signal and the signal was wrong, again!
Then on November 3, 2014 I entered the trading action. Can It Get Any Dumber? There are many binary options companies which are not regulated all around. If you have any questions, please leave a comment below and I will get back with you asap. Scouring the internet for more than a week, reading reviews and opinions, hundreds of complaints and reports of wrong doings, I had to make a decision. John, the owner of this website. Fact is however, that does make efforts to prevent outright scams and illegal activities by brokers. There are fund manager looking to buy AUD for their clients, but they resist the 85 cent offer. However, over the past 12 months or so, the public was made aware of this industry.
If you follow an affiliate link and go on to purchase that product or service, I will be paid a small commission, however your cost will be the same. Risk level depend on the value of an asset that fluctuates as they are being traded in predetermined period of time. Unlike gaming risk, South African traders should know that risk on financial markets, such as in binary options industry is completely different. Majority of traders who are interested in online trading or gaming industry, prefer those who are regulated. Although, luck can turn out to be handy sometimes, but in binary options trading, traders in South Africa should rely on strategies, analysis and understanding of financial market and available trading instruments which can lead them to achieving high payouts. Software itself uses random algorithms to create specific odds and it takes a special level of expertise to understand strategies, which can be used to increase odds of winning and achieving high payouts. Binary industry enables a wide selection of expiry times, both short term and long term, up to 150 days. For more on is binary options gambling or not, check below in our article.
Same logic can not be used in trading and gaming world. This can be done either by wagering an amount of money or by detecting chances that can lead to winning status. Basically, it explains swapping money for a particular financial instrument. As stated above, people interested in binary options can see how there are few facts which are alike to gambling, such as risk involved, method and excitement during process itself. Therefore, they search for more info and check if there are similarities with gambling world. Since then, they quickly gathered a lot of people worldwide who wanted to experience this new way of online investment. Motivation to win and earn money is the biggest factor.
As stated above in the article, to answer the question is binary options gambling or not, answer is definitely no. Binary options trading also brings thrill for their traders, but in a different way. Traders in South Africa should know that both industries are covered by gaming authorities, that provide them regulatory license. Besides that, there is a big contrast between those two industries. To master those strategies, a great amount of data is required for players to be able to accurately predict final outcome. Since software basically executes entire job and manages the way of odds outcomes, it can be pretty challenging for player to create his own chances to win. Here on Binary Options South Africa, we will try to provide our readers a detailed information about similarities and differences between binary options and gambling industry and answer on question is binary options gambling or not. Binary industry appeared in late 2008. When people think on gaming, the first that comes in their mind are online gaming sites.
Sites, such as financialmail. Traders are able to invest in binary options with many reliable brokers, listed here in our trusted broker list. is responsible for binary brokers and oversee if EU rules are implemented on their trading platform. One of them is an underlying asset, such as stock, currency, commodity or index. South Africans interested in binary options trading. To begin with, let us introduce you with several definitions, relevant to this topic. There are few countries which enable regulation to binary brokers and other gaming companies to conduct their business transparent. Both gaming and binary options industry imply that traders have to invest and risk their own funds. This trading risk involves risk in short term period, as in forex, binary options or CFDs and also long term risks.
It is assumed that gaming and trading industry target different types of people. Both traders and gamers find risk assessment to be the focus of participating on different markets in order to make a profit. Our readers in South Africa sometimes ask is binary options trading same as gambling or are there any differences between these two industries. These sites include online casinos with a wide selection of different games, including poker, slots, bingo, roulette etc. To be successful when trading binary options is to read broker reviews to get better understanding of available trading features and check the latest important market news and reports. This is logical, because otherwise there are room for manipulation on payouts of funds on machines.
This is actually legal gambling. Thanks to its many benefits and great possibility to maximize profit, binary options trading is widespread in South Africa. This can serve as great help to increase chances of winning and have more knowledge in order to accurately predict possible effect that might influence on specific asset. In binary options, risk can depend on several variables. To summarize, although there are some elements which are similar to trading and gaming, it is clear how there are even more differences, without mentioning differences between trading and gambling. However, experience, motivation and method are those that make the key difference between them. However, in gaming world, it is obligation of the regulator by which software has to ensure a specific payout that is spent playing. Low, One Touch, Ladder and many more, depending on which broker traders select.
Serious traders are better off with forex, stocks, futures, and conventional options. The types of assets when trading binary options and gambling are quite different. Despite these similarities, binary options trading and gambling are not the same thing. With gambling, this is not the case. The same principle applies in binary options trading, where you make a calculated guess about the movement of an asset in the future. When you benefit from binary options trading, you are considered to have secured earnings which are taxable. Another key difference between binary options trading and gambling is the way that they are recognised by governments. They are very much dependant on what is happening within the market on a daily basis, and it is from this information that you choose how high or how low your binary options trade is going to go. Where poker players are looking to make wagers, they will be divided into different groups based on their level of skill and it will only be possible to interact with others who have the same skill levels. With binary options however, traders of different levels of skills are given access to the same opportunities, and they can trade on the same platforms.
With gambling, it is close to impossible to do the same, as gambling involves some method, though for the most part, it is based on luck. The odds when trading in binary options are not fixed. If you are correct about this movement then you will benefit but if you make the wrong call, then you will lose your investment. Binary options traders are protected on leading trading sites because these sites are regulated. Furthermore, there may be a cap placed on how much can be wagered, and the gap between the minimum and the maximum amount is much narrower when you are gambling, than when you are trading binary options. The difference is that they have the freedom to decide how much they are willing to deposit into their accounts and the amount that they are willing to put into each trade. All these are active within financial markets around the globe.
With gambling, you should be making a calculated guess so that you attain a particular result. With binary options, your assets include commodities, indices, stocks and forex. You are able to do this legally which is not the case with other types of gambling. With gambling, you are dealing with casinos and sports betting, which do not have any real standing in financial markets. The level of skill that you have will affect the way that you trade binary options or the way that you gamble. This makes it easier for you to forecast a possible win.
This is because for both, before you choose to trade, you gather information that will increase the possibility of making a successful trade. When planning your method for binary options trading, you can refer to historical data and charts to identify patters that will help you make better investment decisions moving forward. With gambling, you are dealing with fixed odds as you are limited to making a choice based on cards or numbers for example. It has been speculated that there is a link between binary options and gambling due to the similarities in their executions. When you choose binary options trading, you are always aware of what the odds are, and therefore, you can say that you can play these odds so that they are consistently in your favour. This is why people call real estate gamblers, investors. This means that when the client loses money the broker makes money.
You will never find a real estate investor buying apartment building to sell next week. Of course the investor will hold onto it for at least 5 years. With binary options there are outside forces like market events which cause the movement in price. The problem was that as Goldman Sachs was selling these products to their clients, they where short selling them to make a profit. Trading stocks is very risky, although society considers it an acceptable way to make money on your savings. Swing traders enter positions for anywhere from 2 hours to 2 months.
The reason binary option trading is not an investment, is because of the time frame of binary options. However, there are a handful of broker regulated by , see list here. Wall street has managed to convince the entire world that the smart thing to do with your money is to give it to a stock broker, so that he can gamble it for you. When it comes to trading stocks, commodities and Forex, there are also time frames. EToys in 1998 and planned to hold it for 20 years, but the company bankrupted. When using a unregulated broker you are gambling that they will actually let you withdraw your money. Day traders close all their positions before they go home at the end of the day. Trading binary options are riskiest because of their short expiration times. In binary options trading, when the trader loses money, the broker makes the money.
Read more about that here. There are many brokers who have gone bankrupt because they could not payout their traders. The CFTC wants to see an open exchange for traders to have the ability to not only by binary option puts and calls, but also have the ability to sell binary option puts and calls. Market traders, who are experienced traders, know when the odds are in their favor, and when the odds are against them. Many binary option brokers are not regulated. When naysayers compare binary options to gambling, they are missing a major fundamental difference. Roulette, Blackjack, and Slot Machines are games of chance and not skill. Take real estate investing as an example.
Trading options is even riskier because of time decay. The brokers regulated by are considered financial institutions in Europe and have rules and regulations they follow. Does the investor plan on selling the apartment building in two weeks or in 20 years? When a person buys a an apartment building as an investment. Remember during the financial crisis in 2008 when Goldman Sachs and Bear Sterns got into trouble with regulators for selling mortgage backed securities to their clients. If you look at the floor of the Chicago Mercantile Exchange you will see many people who are trading as a profession. The reason why these brokers are not regulated by the CFTC or SEC in the United States has to do with a technicality.
The owner is gambling on the property, but it considered an investment because it will be held for a long time.
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