The MLM underbelly doubler business model is nothing robbed over tv bitcoin. ROI offered either via a set timetable or open-ended. The only source of revenue to pay the ROI is subsequently invested funds, making every doubler a Ponzi scheme. HYIP scams have been using it with fiat currency for years, however recently there’s been a surge in cryptocurrency doublers.
Whereas HYIP doublers typically used forex trading as the ruse behind ROI revenue, cryptocurrency doublers use trading the currency itself. Proof of trading of any kind is of course never provided. Bitcoin transactions have not been confirmed quickly as usual and this directly impacts the trading operation as we have thousands of queued orders waiting at least 1 confirmation that has taken up to 24 hours to consolidate. Withdrawal restrictions were also tightened, limiting affiliates to withdrawing a minimum 0.
1 BTC over the previous 0. ROI on any funds invested that have already paid back more than was initially invested. Binary Bonus, you will no longer receive Trader Bonus as of today. Next week we will announce how you will recover at least the amount of your investment per login.
Thus the true nature of the business is revealed. All of the bitcoin doublers also have a pyramid recruiting component, which further drains available ROI funds. The end result is a collapse well before the promised maturity period, as not even the most cunning of scammers can beat basic mathematics. For affiliates of such schemes the end-result is always the same: the majority lose money to the big recruiter minority. As losses in bitcoin doublers continue to mount over the coming months, no doubt we’ll see more of them emerge.