Got this weird DM on reddit idk what this guy is up to have any of you ever heard of this https://tradeoptiongains.com
How's it going?
I'm doing quite alright, How about you?
Well, I don't mean to intrude but are you familiar with the term "cryptocurrency", Bitcoin to be precise?
Well, I'm at the moment engaging in an outreach aimed at expanding the clientele of my platform and enlightening the populace on the monetary potential of bitcoin trading and mining. Would you be interested in this?
Uh yeah sure I can look into it.
What does it include?
Are you familiar with the term "Bitcoin trading"?
Like selling and buying it?
Well, Bitcoin trading is the process of making profits by buying Bitcoin at a low cost and selling it when the price goes up, This method is referred to as Dollar Cost Averaging(DCA). The Bitcoin trade is volatile, and price move by a significant margin. This activity is done on trading platforms.
Are you following?
Yep gotcha so far
Sorry had to pickup a call
No problem mate. Every platform has an investment procedure and ROI method. Unlike other platforms that engage in day trading (profiting from the volatility of bitcoin which is inefficient), My platform is registered with S9 ant miners that mine the bitcoin you invest to increase exponentially and that’s how you earn profits.
Have you heard of the term "Bitcoin mining"?
Yes I have
Good. For clarification, Bitcoin mining primarily involves generating and earning off the confirmation of blocks of transaction on the network such as the Blockchain network.
This is made possible with the use of special and sophisticated devices called the Bit main devices, Such as the AntMiner S9 and ASIC hardware. These devices are extremely expensive to maintain and require a lot of electricity generation and technical expertise which makes it rarely an option for private individuals who are interested in going into Bitcoin mining. But my platform has been able to provide for this disability.
Are you following?
I feel ya
Moving on, My platform operates a full S9 Antminer farm. The Antminer s9 has a hash rate of 12.93TH/s which is -+ 7%, Which could generate a ROI of 0.5 BTC within an investment period depending on the investment capital. Note: ROI stands for return of investment while hash rates a measure of how many times the network can attempt to complete this puzzle every second. This means that hash rate is a good indicator of the Bitcoin network's health.
Do i still have your attention?
Finally, All investments are made and monitored by the client (you) on the platform's website as you earn profits daily and you can contact me a "Broker" on the platform whenever you need assistance or more information. https://tradeoptiongains.com
U have a history of wise investments?
I mean don't really know you so not like your a "professional" of any means
We've been running for a span of 4 years now with optimum services provided
gimmie some more deets?
how much money would I expect if i put a quick g bar in?
An investment of $1000 amounts up to the standard ROI stated above which is 50% of 1 bitcoin.
Apologies for the late reply, Was attending to a client of mine.
so invest of about $1000 would give ruffly 5?
nah ur good fam
like how I go about that tho u know
cause isn't bitcoin like kind of high right now?
Yeah though it would have been more profitable if you had started earlier when it was cheaper but you should be expecting more returns due to the halving coming up. https://www.bitcoinblockhalf.com/
how high you think its going to get?
Its a highly speculative asset but from my experience and following it's previous halving events, Probably 15-18k.
oh jeez thats like as big as the big boom right?
how you know its gonna do that?
and what if it doesn't lol?
do I just l;ose it all
Exactly. If it doesn't, It would remain at its breaking point of 9k or peak point of 10k but i highly doubt it doesn't pump(rise) based on past halving events. You can simply get started by creating your personal account on the platform by which you can start by purchasing bitcoin and you can do this by clicking on the "Register" icon to get started.
Kinda need some more security u know what I mean?
I understand. Loses are only made when you sell off, You money remains intact whether it rises or falls as long as you don't sell but your ROI is fully attained on your account on the platform.
Any more questions?
Okay then, I'm available here if you're interested and need my assistance
Enjoy the rest of your day.
Mikerobin2501:48 PM https://www.fxstreet.com/cryptocurrencies/news/breaking-bitcoin-price-takes-down-9-000-as-10-000-beckons-202004300334 https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-gold-oil-2020-best-performing-assets-a9492641.html
I bought it
I bought one
On what platform?
I'm idk the one u sent me
Really? When did you do this and why wasn't i informed?
Oh like last last night
I thought it was expected
U sent me the link and everything
You would have informed me so i can enlighten you more on the procedure. Are you aware that it's a mining platform and you earn profits as an investor?
Yah so what would profit be ya reckon?
For let's say $1000 over liek a year
What name did you use in registering the account?
Uh I'd have to look it up
But how much profit did u say it would be about?
0.5 BTC a month depending on your investment capital that is, I would need the name of your account to register it under my personal database so i can provide you with information and assistance when needed.
O damn that's some big bucks right there
.5 btc like what 4g?
4 times 11 that's $44,000 a month
How much did you invest and what is the name of your account?
Your profit is calculated in respect of your investment capital
And the name?
How do I find it?
Is there a way on the site
What name did you use in creating the account?
Didn't you register?
Oh like my irl name
I thought u meant like a username
Username is what i mean
It's gonna be under Jeffery Henderson
Jeffery L. Henderson
Okay, Give me a second to record it and ascertain your expected profit.
Did u find my account?
I can't find your records on the platform, Maybe a technical difficulty. Could you please sign in and send me a screenshot of your funds deposited through discord please?
So tell me mike
Where's the cash?
You lost it, oh you misplaced it.
Now mike you know I don't like to be lied to right?
Since i can't find your account on the platform, I guess that's the ending of our conversation.
ARE YOU LIEING TO ME
Prove that you have an account on the platform by sending a screenshot
I did it on
The sign in through your phone, Do i seem like a fool to you?
I have a lot of clients to attend to and i don't have time for games
I ain't the I one that took another man's money and now can't find it
You don't have other clients
Let's not play games here
How do I get my money out of this depreciating asset?
You better help me get my money out of this or were going to have a major issue
U serious rn bro?
Ur gonna scam me out of my 💰
A day will come when you think yourself safe and happy,.
But suddenly your joy will turn to ashes in your mouth.
and you'll know the debt is paid
You still my 11 grand
What's your name
Or I'll find you
This review is not sponsored! Neither it is an ad. How to choose a mining pool? How to avoid stale shares? The pros and cons of different services.
What is a cryptocurrency mining pool?
A “mining pool" is a server that distributes the task of calculating the block signature between all connected participants. The contribution of each of them is evaluated using the so-called “shares”, which are potential candidates for receiving a signature. As soon as one of the “shares” hits the target, the pool announces the readiness of the block and distributes the reward.
However, if you participate in the pool, then you will have to share the profit with all the participants in the pool, but for the majority, this usually is the most profitable option.
Which pool is better for mining?
The best mining pools should meet the following criteria:
- Minimum commission for using their services (mining and funds withdrawal);
- 24/7 availability to monitor all the steps of mining;
- Honesty, reliability and a long time of existence (among the owners of pools some scammers steal part of the power of miners and dissolve into oblivion with the funds earned by miners);
- The high computing power of the pool makes it more likely that blocks will be found regularly (with low pool power, all work may be wasted due to the low probability of finding blocks);
- A small ping) from the user's mining equipment to the pool servers to ensure timely receipt of tasks from the pool and minimize the number of stale shares;
- If the mining power is small, it is worth paying attention to the minimum payout threshold so that you do not have to wait for it for a long time.
Key selection criteria
To select a good pool for each specific cryptocurrency, you need to carefully study all the information available about it on its website and on the forums.
To reduce the number of stale shares, it is better to mine on the pool closest to the miner. You can choose the fastest mining pool by studying the information about the processing speed of the share in the mining program or by pinging the time it takes for the signal to pass from the miner's computer to the servers of the pool.
10 most popular and powerful pools: Description
Coins: BTC, BCH, BSV, LTC, ETH, ETC, ZEC, DASH, XMR, CKB
Commission: 3%, lifetime discount: 1%
- The Chinese top-3 pool, which has been operating since 2014;
- Mines with the most up-to-date and power-efficient mining hardware;
- Provides good tech support and stable signal mining servers;
- A full-fledged platform with a wallet and the ability to exchange coins.
Coins: BTC, BSV, BCH, LTC, ETC, ETH, DASH
Commission: 0%. There is a donation option: 0.5% of the income
- One of the largest pools in CIS countries;
- FPPS + award system;
- Daily payouts;
- No minimum withdrawal threshold;
- 24/7 support;
- The pool has a high stable income and its servers are located around the world;
- There are applications for iOS and Android that allow you to track mining processes from the phone.
Coins: ETH, ETC, ZEC
- Fast ping;
- Servers are located in Europe, Asia, and the USA;
- Weekly payouts regardless of the mined amount;
- No registration required;
- User-friendly interface;
- Monitoring of all steps of the process on a smartphone.
Coins: BTC, LTC, and many other coins
- The Chinese pool, which has been operating with high power since 2013;
- Registration is needed;
- World-leading advanced technology for mining;
- Transparent revenue and unique architecture to effectively prevent DDoS attacks.
Coins: XMR, ETH, ETC, SiaCoin, ZEC, PASC, ETN
- Good ping;
- Monero payment from 1 coin;
- It provides a convenient interface and monitoring applications on smartphones without registration.
Coins: BTC, BSV, BCH, LTC
- Automatically switches to mining the most profitable coin according to the selected algorithm with conversion to the user-defined cryptocurrency;
- Registration is required.
Coins: BTC, ETH, XRP, BCH, LTC, ZEC, DASH, XLM, EOS, USDT, LINK, BAT, ZRX, HOT, OMG, REP, BTG, NEXO, MATIC, ENJ, SNT, ELF, BNT, KNC, POLY, MTL + 20 more.
- Multi-language interface;
- Automatic switching to mining the most profitable coins with conversion to Bitcoin;
- Registration is required;
- Large withdrawal fees;
- Provides cloud mining services.
Coins: ETH, ETC, PASC, LTC, Zcash, BTG, DASH, FTC, VTC
- Exists since 2014;
- The Polish pool with a small commission;
- Small ping for countries close to Poland.
- Operates since 2014;
- The French pool with a low commission;
- The payout from 0.3 coins;
- No registration required;
- Less mining difficulty than on other pools.
Coins: ETH, ETC, MOAC, CLO
- Low commission, good ping;
- Russian mining pool without registration;
- Fully transparent pool statistics;
- Detailed personal statistics of miners.
Independent Pool Statistics
To make sure that the pools work and really exist, check independent sources. These are:
Keep up with the news of the crypto world at CoinJoy.io Follow us on Twitter and Medium. Subscribe to our YouTube channel. Join our Telegram channel. For any inquiries mail us at [[email protected]](mailto:[email protected]).
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