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Why does people like to use Bitcoin for HYIP?
#1
I saw a lot of HYIP using Bitcoin as their only credit.

Some promised to give 2% every hour. Is that even possible?
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#2
Obviously not. If every hour grow 2%, it don't have to take 700 hours or less than a month to grow your $1 into $1m. Think about it logically.
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#3
Because once you sent the Bitcoin out, there is no way of getting them back. When you realise you are scammed, it is too late
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#4
Using bitcoin government also cannot tax you as long as you don't transfer to your bank. There are a lot of ways to cash out bitcoin without going through the bank.
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#5
(15-10-2016, 10:12 AM)BanJoo Wrote: Using bitcoin government also cannot tax you as long as you don't transfer to your bank. There are a lot of ways to cash out bitcoin without going through the bank.

What are the ways?
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#6
Anyone know what happen to Bitcoin now? It seem to die down and no more news after last quarter it raise to 1 btc = 800+ sgd for no reason.
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#7
Thanks for the post.....
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