The sale of Keplerk vouchers will come as a new innovative source of revenue for these shops. The cryptocurrency platform will finance the commercial venture by charging a seven percent commission fee on every purchase. Adil Zakhar, director for strategy and development at Keplerk,claimed these tobacconists will be the first brick and mortar stores to sell Bitcoin anywhere in the world.
The prediction of crypto bulls states that the market has found its bottom, citing the growing influx of institutional investments into this space. Just recently, Yale’s $29.4 billion-endowment added two cryptocurrency funds to its portfolio. Fidelity, the world’s fifth largest asset management firm, announced a new hedge business related to cryptocurrencies. Caspian, another asset management platform, raked in $19.5 in funding via a public sale, after forging partnerships with Wall Street-backed financial firms.
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A HYIP is essentially a Ponzi scheme – more often than not, a scam. It involves paying returns to earlier investors with money invested by new investors. As a result, some do walk away with a positive return, if they get in early enough. However, it’s not a sustainable model. Once new investors stop coming on, the cash flow stops, often leaving a large number with significant losses.
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The popularity of Bitcoin has increased greatly over the last few years along with its value. This has led to a significant rise in different types of Bitcoin investment programs. One such investment program is called a High Yield Investment Program or HYIP, an investment scheme which promises to offer unusually high returns on an investment by generating revenue from new investments for existing investors. There are several websites that offer 1 to 15 percent return on invested Bitcoin but chances are that not all are legit. If an investor allocates his digital currency holding in an HYIP, then he can expect low to moderate returns. Several investment schemes promise high returns but they may be ponzi scheme. Investors risk losing all their money if they invest in a fake HYIP. This article by CryptStorm News introduces a Bitcoin HYIP and helps investors analyze such investment schemes.
According to insiders, the volatile nature of crypto assets, on which the business models of companies like Bitmain is based, has led investment bankers to avoid advising such an IPO. Only recently, Bitmain, the world’s largest ASIC manufacturing firm, filed for IPO in Hong Kong, but their application received a lot of criticism for hiding their second-quarter losses with the shadow of first-quarter profits. On the whole, analysts ruled out that Bitmain didn’t explain the risks of their business nature – dependance on volatile assets’ prices – in their filing.
Yeah. I checked it through Wikipedia. Here, I realized HYIP is one type of High risk program. But, I found the exact solution to reduce the risk. Nowadays, you can accept as true who run a HYIP site with the bitcoin HYIP script. Also, this site must have a bitcoin gateway to transfer your money. Accordingly, the bitcoin is supportive to save you from scam.
Blog, chat and "teach" about HYIPs. Some HYIP "investors" proffer strategies for maximizing profits and avoiding losses—everything from videos showing how to "make massive profits" in HYIPs and "build a winning HYIP portfolio" to an eBook on how to "ride the Ponzi" and get in and out before a scheme collapses. Other HYIP forums discuss how to enter "test spends," how to identify new HYIPs to maximize one’s chances of being an early stage payee and even how to check when a HYIP’s domain name expires so you can guess how long it might pay returns before shutting down.
High Yield Investment Programs are a special kind of investment service which should rather be described as gambling systems. Those programs are just called “investment” as the only thing you actively do in this game is making a deposit and claiming your payouts by daily clicking a withdrawal button. Sometimes they have auto-withdrawal function, so you even don’t have to do the latter by yourself.
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Everyone has heard stories of people who bought Bitcoin for a dollar back in 2009 and simply held on to their asset, watched it grow and then sold them off at an higher price. Scammers exploit such stories and promise similar returns to investors. Thousands of online investment schemes popped up in the last few years on Bitcoin and other cryptocurrencies.
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