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Amid the mainstream media’s coverage of the U.S. midterms, which has become the western world’s flavor-of-the-month, key details important to crypto advocates have slipped far under the radar. But, Francois Pouliot, a Quebecois-Canadian Bitcoin proponent, has sought to change this, doing his utmost best to raise his digital voice over a clamoring crowd of commentators.
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.
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We’re all jealous of the people who bought bitcoin for a dollar back in 2009. You can find stories online of teenagers living in their parents’ basement who became millionaires when they discovered an old hard drive filled with bitcoin. People have genuinely made 5000%+ returns from bitcoin and other cryptocurrencies. Scam artists know people have heard of these stories. So when someone sees a huge ROI advertised by a scam artist, they’re tempted to believe it’s real.
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There are lots of other cryptocurrencies out there like Bitcoin that can be traded on various cryptocurrency markets. However, bitcoin is one of the most profitable. Bitcoin Multiplier is an online investment platform. It established by a group of professional traders and skilled analysts with valuable experience in the sphere of crypto-currency. Simply put, we trade bitcoin with a revolutionary bot-system. On most trades, we profit at approximately 0.019%. However, at a rate of low 8 trades per second, we average a profit of 13130% in 24 hours. And we operate 24/7.
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There are lots of other cryptocurrencies out there like Bitcoin that can be traded on various cryptocurrency markets. However, bitcoin is one of the most profitable. Bitcoin Multiplier is an online investment platform. It established by a group of professional traders and skilled analysts with valuable experience in the sphere of crypto-currency. Simply put, we trade bitcoin with a revolutionary bot-system. On most trades, we profit at approximately 0.019%. However, at a rate of low 8 trades per second, we average a profit of 13130% in 24 hours. And we operate 24/7.
There are certainly some programs out there with a real investment plan, such as funding a mining operation. On face value, it can be hard to differentiate between a legitimate HYIP and a clear scam. It also bears mentioning, any Bitcoin HYIP is also reliant on the stability of the crypto market itself. Investing in cryptocurrency is a risk in of itself, so putting your money into a high-yield investment is twice as dangerous. Any money put into these programs should be money you are prepared to lose.
Those “cloud mining firms” are Ponzi Schemes and investing in them has most likely nothing to do with really investing in cloud mining. So you invest in nothing sustainable but in a scam that just lives as long as people keep investing. There is a certain name for such websites, which is called Bitcoin High Yield Investment Programs (HYIP). Something very obvious which separates those programs from real cloud mining companies, are the extreme high profits they promise, like a couple of percentages daily. Sometimes they even state high hourly profits.
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And in spite of the relative age of this interview, the politician’s pro-crypto views have persisted well into 2018, even to this day. In February of this year, NewsBTC reported that the Colorado governorrequested for Congress to draft a guideline for crypto holding disclosures. Although this could be seen as an anti-crypto move, especially considering that this industry values pseudonymity, at the time, the lawmaker claimed that the growing legitimacy of crypto necessitated the body to take appropriate action.

The cloud mining of the new generation is an innovative technology designed to open the possibility of attracting a significant number of people to the process of mining of digital currency with minimizing costs for investors. The necessity to form a substantial starting capital, a deep and multi-stage study of the technical aspects of the production of digital code, the allocation of sufficient...

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Incentives to recruit new investors. Many HYIP ploys dangle the prospect of paying a "referral bonus"—as high as 25 percent—to those who bring in new investors with fresh streams of money. Remember that Ponzi schemes tend to collapse when the fraudster at the hub can no longer attract new investors, so perhaps it’s no surprise that HYIPs encourage participants to rope in new recruits to help keep the scheme afloat.
Bitfury, in contrast to its Beijing counterpart, is a small firm concerning revenues. Though no final decision has been taken, the firm would want to pitch a proposal that appears more in line with the regulation and weaker risk sentiment. It could involve the projection of Bitfury’s stable ventures, including blockchain-enabled software development for large institutions, companies, and governments, over unstable mining ones that may or may not yield profits for them.
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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.

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You’ll find many posts in the internet where people are angry and complain about those Bitcoin HYIP scams because they ran away with their money. But honestly, those guys simply hadn’t understood in advance what high yield investment programs are. They are simply a game – yes, a ponzi scheme, a scam, you can call them as you want – but they are basically games which run for an individual unknown lifetime. This runtime depends on how many people jump on the train, meaning how many people make new deposits every day.
Reliance on e-currency sites. Virtually all HYIP sites require you to open an "e-currency" account from one of a number of online vendors that service the HYIP market. Be aware that while there is currently no federal regulation of e-currency sites, many states require "money transmitters" to register with the state’s banking regulator. An unlicensed e-currency site is a red flag.
Bitcofarm Ltd. manages a portfolio of investment products. We place emphasis on high-growth markets with our principal interests being Bitcoin and Altcoins. Our investment strategies represent some of the most dynamic, market-beating approaches available today while we guarantee a high ethical standard in everything we do; be it Bitcoin mining or cryptocurrency trading. We serve clients locall...
Bitfury is reportedly in talks with global investment banks regarding its plans to launch Europe’s biggest crypto IPO till date, reported Bloomberg. The cryptocurrency mining startup plans to go public in either Amsterdam, London or Hong Kong, with a tentative valuation anywhere between $3 billion to $5 billion, depending on the market and industry conditions … Continue reading Bitfury Reportedly Considering a $5 Billion Crypto IPO in Europe
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Investing in our website is simple. First of all you need to fill deposit form (available here) providing your Bitcoin wallet address where you wish to receive investment profit, your email address and amount of your deposit. Remember to carefully provide deposit amount because in the next step (payment form) you will got special deposit address where bitcoins need to be send WITH EXACT AMOUNT shown on payment form. Thats all! After sending bitcoins you will se information that transaction is completed and you can go back or close page. 

If you suspect that you are being scammed, have information regarding the offer or sale of HYIPs or simply want to talk through an investment that seems a little too good to be true, call FINRA at (240) 386-4357 or file a complaint or question using FINRA's online Investor Complaint Center. You may also contact FINRA’s Office of the Whistleblower to report potentially fraudulent or illegal activity by submitting a tip at whistleblower@finra.org or by calling 1-866-96-FINRA (1-866-963-4672). International investors should similarly contact their home country securities regulator. Visit the website of the International Organization of Securities Commissions (IOSCO) to get contact information.
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