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18 commentsBtc e litecoin trade bot for ac
Alright so recently I have seen many posts showcasing some bitcoin mining things where you can either pay bitcoins to earn more or have a free account to earn minimal. A example is btcprominer. So in this post I am going to investigate btcprominer using a combination of common sense and technological knowhow. Everything that I can find goes to show they do pay but on a free account it will take you about 8 days before you can take your first payout.
Now a minimum payout of 0. Because it doesn't work that way. While you will have your free account sitting there making crap money, in order to actually withdrawal money you require a high IPV otherwise your money won't actually get withdrawn. IPV or instant payout value is required to get a payout or else you have to wait for manual processing and if you know pretty much anything about bandwagons then you will know that there are probably 's of requests to be payed out meaning your request goes to the end of the line So how do I raise my IPV?
The Affiliate Bonus, proof of the ponzie scheme Alright so the affiliate bonus for premium accounts is as follows: So if you refer 10, people each making 40 satoshi a second then you would make , satoshi or 0. Now I did a post about pyramid schemes and they are quite similar to ponzie schemes as in many will state they are the same thing and you can find that post here or if you would prefer the actual URL here https: So I pretty boldly stated that you wouldn't get that 10, USD a day and become rich and the reason is because they don't have the resources.
Most likely this entire scheme makes money off of selling premium memberships as even the largest of bitcoin mining operations would not be able to sustain paying random people 4 BTC a day. So can you make money off of this site? Is it likely to turn a large profit, no. This is under heavy speculation and if you didn't catch that I stated in the post that the affiliation award comes from other members upgrading.
So on final notes, it is a ponzie scheme, you can make money from it but it doesn't mean you will. So if you want to try to make money then do so at your own risk, otherwise good luck. You have been informed. I actually received a payout by making a python script that made a few hundred fake accounts and having them being referred. It does payout, as I stated you need a high enough IPV. Otherwise I would say yes, I kind of declared it a scam. I hope you didn't lose too much!
Lol if you know how to program then the script is pretty easy. First it generates a random bitcoin address, then generates a random pin. After that it sets up an account using the referral URL and then does it all over again. Authors get paid when people like you upvote their post.
I have used this one and does NOT pay out! Do not give them your bitcoin!