Bitcoin

Bitcoin Code is a platform that reportedly allows users to invest at least $500 australian dollars in the cryptocurrency Bitcoin for a day of earnings and more than $1,100, and for a week over $8,200. In reality, it is unlikely that you will ever see your money, if you invest it through this dubious platform. Basically, when you deposit money on that quasi-platform, nothing happens. It is possible that something counts down on the screen and thus deceives you that something is happening, but you will not see that money. To me this looks like scams operate on a "marketing funnel" system for gullible users. Most of these lefties are actually great designed. They have a convincing story where they slowly drag you into that circle, there is no bombardment with numbers and calls for action from the very beginning, but it all goes gradually.

Who is Satoshi Nakamoto, and does he really exsist?

Satoshi Nakamo to is a nickname that is very well known to all Bitcoin lovers. Namely, with this nickname on Bitcoin's mailing list, its original founder was presented. The very fact that the author of the most widespread virtual currency hid behind pseudonyms aroused passion in everyone. Who is this mysterious Satoshi? We have been asking ourselves this question for a very long time. Allegations that this or that person is hiding behind that pseudonym have been found several times already, but each time they fell into the water very quickly. Satoshi Nakamoto is believed to own a million bitcoins, which is about $ 6.3 billion - a fortune that has remained intact. The mystery of his or her identity is a big puzzle that many are trying to solve. Satoshi only virtually communicated with his colleagues from the bitcoin world before retiring completely into isolation. When bitcoin began to rise sharply, it was estimated that Nakamoto "lay" somewhere around 17 billion dollars, so, judging by the new values ​​of that cryptocurrency and predictions of how long it will be able to grow. The father of bitcoin could become the first billionaire in the world.

Bictoin mining

To "dig up" Bitcoin, computers - often specialized - are connected to a network of cryptocurrencies. Their task is to verify transactions between those who trade Bitcoin. This process involves solving equations, which, although not an integral part of currency movement. Verification, are a security barrier to no one falsely editing the global record of all transactions. As a reward, miners occasionally receive small amounts of Bitcoin in something often compared to a lottery. To increase profits, people often connect a large number of miners to the network - even entire warehouses full of them. It consumes a huge amount of electricity because computers, more or less, are constantly working on solving equations.

Personally,I think we should not participate in offers in which one or more people offer you a guaranteed refund in exchange for an advance payment. This is known as a ponzi scheme, where the investments of future investors are used to pay off previous investors. The end result of such schemes is usually the loss of money by a large number of people. I know some people who unfortunately did something like that and ended up losing a lot of money. Be careful when investing in alternative currencies as well. Among them can be currencies, which attract users to invest through private sales, or with pre-sale discounts. Fraudulent currencies can have a shiny website and / or boast a large community to create a fear of missing the effect on people who discover it. This helps early investors raise the price so that they can deposit and leave their positions for profit. Fraudulent currencies without large communities mostly do airdrop - offering free money (or chips, tokens) to people in exchange for joining their communities. This allows them to misrepresent their initiative with inflatable statistics to make potential investors feel like they are missing out on a big future gain. Scams can also use the word Bitcoin in an effort to deceive or mislead people into thinking that the offer is legitimate.

I know some people investing and it has only brought them headaches, new problems, debts and the illusion of a rich and better life.