Description of the site
At the very top of the Bitcoin Code website, users are offered a guaranteed earnings of 13 thousand dollars. And this might really be of interest.
Guaranteed earnings
Below is a short video showing statistics of investors who have invested personal money in cryptocurrencies. Here they offer to start earning money. You just need to provide your email address.
Video recording and field for entering e-mail
The following is written about the “Bitcoin Code” - what it is, what it is for and how it works. The main message is easy work and an exciting life.
What is Bitcoin Code
After this, the site’s authors attach photographs showing how they and their club members spend their free time.
Meetings of club members
Below are reviews from participants who are already familiar with the Bitcoin Code program. It also shows their earnings and how their lives changed after participating in the project.
Reviews about Bitcoin Code
On the main page of the site there is a quote from the developer of the program, which now allows you to earn huge money on a regular laptop.
Program developer Steve Mackay
If you enter your email address in the form that was at the very top of the main page, a new website will open, which is available only to members of the Bitcoin Code team.
Bitcoin Code Membership Page
Here is a more detailed description of how it works, including the initial deposit amount of $250.
How it works
An example of a trading platform is also provided, which demonstrates how the program works, how much money it makes, and what the starting deposit was for this transaction.
Transaction history
Next is the FAQ section, here team members can read information about commission fees, software costs and how much money they earn.
FAQ
Duplicated in these questions is information about how much users earn on this platform every day.
If a user leaves the site, he sees a “final warning” that only Bitcoin Code can make really big money.
Warning
Team members who have already provided their email address and registered will not receive this message.
Bitcoin Address
Described site: wtf1.fun.
Today you can trade on the stock exchange online. Commodities and securities are bought in seconds. You can sell and buy any currency, including electronic ones. A good analyst will be able to predict the behavior of the exchange rate and will buy cheaper to sell more expensive. But all this requires large investments and vast experience.
The Bitcoin Address project is designed to easily earn from $700 per day on cryptocurrency. The developer is a certain programmer Ivan Alexandrov. He says the system has made more people millionaires than companies like Uber and Facebook. Do you want to become rich? Then this is definitely not the place for you, because Bitcoin Address is a scam!
The cryptocurrency scam is attractive because people don’t really understand what it is. But many have heard about the enormous cost of the same Bitcoin. We have already described scams on this topic:
• Bitcoin Bot – automatic collection of bitcoins ; • Bitcoin World .
The fraudster has driven himself into a trap. If his service is so popular and effective, there would be a lot of information about it on the Internet. In fact, it doesn't exist at all. It’s not surprising, since the site was registered less than a month ago. Don’t even expect any auto income from it.
The main page of the Bitcoin Address website does not indicate how the work will take place or what skills are needed for this. There is also no information about payment for the miracle service. Everything is arranged as if you can make fabulous profits without investment. It doesn't happen that way. Don't even try to believe it.
If you really want to earn money, learn new things and put in the effort. In the “Proven Courses” section we describe current methods. This money will not be wasted!
What is earnings based on?
The Bitcoin Code program, which has positive reviews, is a virtual intermediary between the company’s client’s trading account and the exchange platform. The main task of the service is to manage the user’s money, increasing their balance.
At this time, the BTS code client can simply relax and do his favorite things. He will not have to learn the basics of trading, monitor rates, change trading pairs, or look for profitable platforms for the terms of cash withdrawals.
But many doubt such conditions for making money, so they are interested in: “Bitcoin code” - a scam or the truth.
Bitcoin as an insurance against inflation
Paul Tudor Jones is optimistic about the future of Bitcoin. The legendary Wall Street trader believes the premier digital currency could also serve as a hedge against inflation.
In a message to his clients called “The Great Monetary Inflation,” the billionaire writes that Bitcoin reminds him of gold. Moreover, he claims that Bitcoin will help the current generation protect themselves from the policies of the world’s Central Banks, which do not turn off their printing presses amid the coronavirus pandemic. Jones writes:
If you want to hear my prediction, I would bet on Bitcoin.
The trader emphasizes that his Tudor BVI fund has exposure to Bitcoin futures, but emphasized that their share in the portfolio does not exceed a few percent.
Reviews about the site
Reviews about Bitcoin Code are not so widespread on the Internet; they are quite difficult to find. Many people simply do not want to talk about such earnings, fearing that the opportunity to “make money out of thin air” will disappear.
Therefore, reviews about “Bitcoin Code” can be read on their website, where messages from participants are published.
Bitcoin Code reviews
People are urged not to think that Bitcoin Code is a scam and demonstrate their successes in cooperation with the company.
Many people report that they were able to “close” debts. Some project participants have paid off their mortgage and are already building their own home. The bank account of Bitcoin Code investors is literally being torn apart, and nothing needs to be done about it.
Bitcoin Code Reviews
The reviews are similar to each other, there are no dissatisfied with the project.
Reviews about Bitcoin mining in 2020
Bitcoin mining in 2020
The situation with mining in 2020 is ambiguous. On the one hand, Bitcoin has shown good growth over the year and mining it has again become profitable; on the other hand, the hashrate and complexity of the network have also increased significantly, effectively knocking retail miners out of the game.
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We recommend reading: Mining in 2020 – how profitable is it?
Here, for example, are calculations for Bitcoin mining on Antminer S9 in Ukraine. True, these are the figures as of January 2019, when Bitcoin was worth about half what it is now:
Profit from Bitcoin mining in Ukraine
Here is another review about Bitcoin to confirm the previous one. True, one of the users is confident that after all the “unprofitable” miners leave, the rest will be able to receive more money (don’t ask how, we don’t know):
"Positive" aspect of low mining profitability
To be fair, it is worth noting that in recent reviews of miners, we made an approximate calculation of their profitability and with the cost of Bitcoin at $8,000, Antminer S15 can produce $60 per month in Ukraine. Which is still far from the profits of miners in 1917.
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We recommend: Earning money on cryptocurrency: 11 ways without and with investments
But for example, an article from tadviser.ru, we took it because... the authors refer to the opinion of a real person, which is also a kind of review about Bitcoin. And so he says that it’s hard for miners these days:
Interview about mining with the founder of RocketBounty
Well, here is a message from October 24, 2019 in one of the trader chats. On this day, Bitcoin dropped by $500, but:
Trader's review of the difficulty of Bitcoin mining
But a participant in the English-language bitkointalk thread believes that the miners are already late (and this was last year), since it will be extremely difficult to mine the remaining bitcoins and it will be more likely for large mining pools to do so than for private miners:
It's too late to start mining Bitcoin
His opinion is also supported by Russian-speaking fellow miners. Although they recognize the profit from mining, they understand its real level and costs. Therefore the situation is approximately as follows:
Feedback on the futility of mining
And here they note that it is unprofitable to mine not only Bitcoin, but also top altcoins, which also have decent computing power:
Mining Bitcoin and top altcoins alone is unprofitable
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Most users agree that Bitcoin mining in 2019 is unprofitable for individuals. Especially considering the new bearish trend according to some traders, which, according to some estimates, could bring Bitcoin down to $6,000.
But, since the hashrate and complexity are constantly growing, we can conclude that large pools and corporations are increasing their computing power in order to squeeze as much profit from the network as possible.
Bitcoin mining in 2020
