softmoneyonline.com

Softmoneyonline.com offers you various ways to make money with digital (soft) currencies and protect you from scams!

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softmoneyonline.com

Softmoneyonline.com offers you various ways to make money with digital (soft) currencies and protect you from scams!.

Read more

softmoneyonline.com

Softmoneyonline.com offers you various ways to make money with digital (soft) currencies and protect you from scams!

Read more

How to Identify Bitcoin Scams!

Bitcoin mining scams

Bitcoin is generated through the process of mining, which confirms Bitcoin transactions on the Blockchain. Mining requires great amounts of energy, expensive equipment and upfront capital. Bitcoin mining investments emerged out of this need, whereby many users can invest in a mining scheme and get a percentage of future mining proceeds.

There are some legitimate Bitcoin mining schemes, but there are far more mining scams than legitimate outfits. Since it is difficult for most investors to confirm if a mining scheme actually owns mining gear (or does any mining at all), there are many websites that claim to mine but simply take investor funds, pay high returns for a while to build trust and then simply disappear.

Avoiding mining scams

These are some of the things to be on the lookout for:

  • Inability to see or verify the proof of ownership of any mining equipment
  • Inability to see or verify their public mining address and ownership
  • High referral commissions
  • Guaranteed profits
  • Bitcoin wallet and exchange scams

There are some websites claiming to be wallets meant to store Bitcoin. Others claim to be exchanges, where one can trade Bitcoin. Others yet claim to do both, but many of these are in fact scam sites.

They simply get users to sign up and deposit Bitcoin or local currency for a while to build trust and then after a while make off with the money payday loans no checking account needed.

Things to be on the lookout for

  • Only deal with reputable, registered companies
  • Make sure you can verify the identity of the employees/owners
  • See if they are mentioned inreputable local or international news publications
  • Treat anonymous and new exchanges, apps and browser extensions with caution

Bitcoin Ponzi, HYIP or MLM schemes

These schemes attract people with low or no subscription fees and promises of sky-high returns on their deposits. They often rely on existing investors signing up new ones, which is the only source of revenue or growth. As with all Ponzi schemes, early investors get paid with the money from later investors. Inevitably when new investors stop signing up and depositing, the scheme collapses, since no more funds can be paid out.

What to look out for

These are some of the warning signs that you might be dealing with an illegal scheme:

  • Promises of very high returns/interest
  • Guarantees that you “can’t lose money”
  • Little verifiable information on company and owners
  • Difficulties in withdrawing your funds
  • Social signup links with high bonuses
  • Sense of urgency to “invest now”

Bitcoin phishing scams

Phishing scams are common in the online world. This is when a scammer creates emails, messages, login pages and/or websites that resemble a legitimate company. Once users enter their information (like login username and password) on the fake website, the scammers have access to the users’ accounts. If it is an account where Bitcoin is stored, the scammers can easily make off with the money. Where users have the same password used on multiple sites, the scammers can often gain access to other sites with more sensitive information.

How to prevent phishing scams

  • Don’t click on suspicious emails
  • Ensure the correct spelling of the website address
  • Use a unique, strong password for every website account
  • Use a reputable password management tool
  • Enable two-factor authentication on sites that support it
  • Report suspicious emails to your email provider (as phishing)
  • Report suspicious websites to the respective web hosting company

List of known Bitcoin scams

Since it is very easy to set up a scam website, it is impossible to always have an up to date list of scams. You should do your own research and learn to look for suspicious schemes.

However, here are some sites that research/comment on scams:

If you are putting your money anywhere, it’s up to you to do your own research and investigation.  And remember: if something sounds too good to be true, it probably is.

In the coming days, I will be posting a trusted guide to bitcoin investing with minimal risk.

 

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Mypayingcryptoads Review: Scam or Legit?

Mypayingcryptoads is an online revenue sharing advertising platform that uses cryptocurrency. The platform sells advertising packages ‘ad packs’. Ad packs give you access to a great range of advertising services such as banner ads, text ads, login ads, traffic exchange ads and cash link ads. The packages work in three ways: to create traffic to your website, to generate leads which help you to drive traffic and to help you make some sales on your online product or website.
Mypayingcryptoads business model is based on revenue sharing and commission rewards. So when you buy ad packs you just have to click 10 ads every 24 hours and you start earning. The clicks enable you to generate up to about 120% return on the amount you spent on the ad packs. The great part is that you’re able to withdraw this money without a hassle.


The other way to make money is through referrals. When you refer people to mypayingcryptoads, you earn a 6% commission on every transaction they make. Although the use of a referral link is not a must to your success with mypayingcryptoads, the commission rewards are another great way to earn and they too are a 100% withdrawable.
What’s great about this platform is that it is fused with the use of bitcoins. Bitcoins have full transaction traceability, low transaction fees, are available worldwide, at any time ensuring that there is no limitation to your ad pack purchase or commission withdrawals. To top this off they are constantly appreciating in value therefore the success potential of using a crypto currency based advertising pack is exponential!

 

My Paying ads Facebook

My paying crypto ads community communicates via a facebook group  including updates from the company owner Uday Nara is very active in the group. As well to my skeptical friends its always good to check for social proof when joining any online program. Join the community that is free to discuss any kind of topic with regards to the program. in this case My Paying Ads members interact a lot using their facebook group.

Can I make money with My paying crypto ads

Yes one can make money with My paying ads I have received over $5000.00 in profits  from this program. My results are not typical: This proof of earnings is not a guarantee that you would earn the same, but it is possible to earn this much or more with an equal or greater strategy and work ethic.

 

How does mypayingcryptoads work

This is the same concept as my paying ads the difference is that this uses only bitcoins as payment processor which means that if bitcoins increase in value you get the current value of bitcoins converted to any currency.

Is My Paying Crypto Ads a Scam ?

This is of the question that almost everyone needs an answer. Generally human beings are skeptical when it comes to online business and internet investments. It is normal to be skeptical. In my opinion My paying ads is not a SCAM. Having being with the company for over a year now I have seen transparency from the admin ( Uday Nara).

Uday Nara is the owner of Mypayingcryptoads He is a trusted individual who has great experience in revenue sharing programs. One of the facts that has made Uday Nara gain more trust from people looking for ways to make money online. There was a time when his sister company called my paying ads was badly affected by Paypal, he negotiated with over 100k members to stay in his program. Some of the people were not patient enough and asked for refunds. I was fortunate to be one of the people who waited for his word and I am a witness of his honesty.

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Helping Revolution Scam Review

scam

I was about concluding this blog post when I got the message below which pretty much summarizes what I have been shouting for every discerning ear to hear.

‘‘Message from an Investor.

If you read about HELPING REVOLUTION from me or elsewhere and you are planning to join them.
PLEASE…
Stay away!
For the past 4days now, i have $7000+ to withdraw from them and it’s not been paid. They keep promising to pay today, tomorrow.
In my further research, i was able to realize that they actually may not be what we taught they were.
A peer to peer donation program. They seems to have a central account but fooled us by creating several dummy accounts with names like
Guarav Ambrose Linda Lee etc
That we were made to PH to as if the PH were going to members like ourself.
In my research of the bitcoin account they used in paying me when i was paid i was amazed to detect these BITCOIN wallets where millions of dollars have been stocked …
I am not giving up on them yet as i trust in God that my money and money of my downlines who invested in them will still be paid

But, i am giving warnings to whoever is planning to join to please stay off as the high blood pressure can land one in the hospital

And to those who have invested there already, if we are lucky to be paid anytime soon, hmmmmm off your shoes and zoom. From a friend’’

Agreed we all love huge profits and quick fixes; but when it comes to making real money online, there’s always limits to risks we should take.

Com’on… how is 200% monthly profits possible or sustainable? Paid weekly in 50% tranches? I guess that’s just the summary of my review… stay away!

You may try out this one  while it’s still lucrative and stay in touch with me for advance warnings.

Peace.

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MMMUnited Scam Review

mmmunited

What is MMM United?

MMM United has been getting a lot of attention on the web lately.

Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.

I have simply gathered for you all the facts in this MMM United Review in order for you to make a proper decision about it.

So, is it true? Is MMM United a scam?

Can it really help you build an online empire?

Let’s carry on with the review.

Today’s multi-level marketing in question comes by the name of MMM United. Whenever we begin one of these reviews, we also make it a priority to check the company’s official website to see who and where the company is being run out of.

In the case of MMM Untied, we are unable to determine any or sufficient of this information. This is rather troubling for a pretty big reason considering the fact that people’s investment is on the line.

When this information is withheld from the general public, we have to wonder why the owner behind the company doesn’t want this information out there. You’d think that they would make it easier for their customers and clients to get a hold of them, as this generally is the case for most businesses out there.

By withholding this information, it gives off the idea that MMM United doesn’t want their investors or customers to be able to directly contact or seek information on the folks that are running this entire operation.

Although no exact names are able to be pulled from MMM United’s website, it does claim that MMM United was created and founded by “a team of MMM participants”, and to be fair, there’s a support department that often readily provides sought after feedbacks to questions.

mmmunited

Just what does MMM stand for though?

In regards to the compensation plan that the company has set in place, MMM United first requires that their affiliates invest a certain amount of money through the use of bitcoin. Once this money has been invested, affiliates are then told that they will earn a return on investment of 100% each month.

Referral commissions are also a possibility, and these are handled through the use of a unilevel system.

This unilevel system consists of various teams, and each team starts out by having a single affiliate placed at the very tip top. This affiliate then sets out to enlist other members to join, and these new additions are placed at the level 1 spot.

When a level 1 affiliate recruits someone new to join, they are then positioned at the level 2 spot. And, similarly, recruits of a level 2 affiliate see placement at the level 3 spot.

This process can technically go on and on for an endless amount of times, and MMM United doesn’t place any cap on how many levels can take part in these referral commissions.

Commissions are paid out to affiliates as a percentage of all money being invested into their unilevel team, and the higher a level that an affiliate has, the higher that their percentage will be.

Level 1 and 2 affiliates stand to make the most from these commissions, with their percentages being 5% and 3% respectively.

Level 3 affiliates will see their commissions set at 1% of all earnings, and that number then drops down to just 0.5% for affiliates at the level 4 position.

Affiliates who see themselves at level 5 of the unilevel system will earn just 0.3%, and those at level 6 or deeper will earn a percentage of just 0.1%.

What does it cost to join MMM United?

In order to join MMM United and start earning money through the MLM opportunity that’s being offered here, prospective affiliates will have to make an investment of bitcoin.

However, MMM United does not appear to have a minimum investment level for their affiliates.

Have you heard from a friend that MMM United is a scam?

Based on this review, it might be hard to tell.

What exactly is the truth about MMM United – is it a scam or legit?

Good news – MMM United is not really a scam.

While MMM United does their best to force the idea that their company is centered around a community of people who simply want to help each other out, that’s operating around the idea of “get help, provide help” business model as shown below.

mmmu

After just one month of being an affiliate for the company, your investment will double in value. So, if you invest $1000 worth of bitcoin, that will turn into $2000 worth of bitcoin just 30 days later.

The longer affiliates stay involved with the company, and the more money they invest, the more money MMM United needs to pay out. If new affiliates are constantly signing up for the service, the company is okay

I sure hope that you have found my MMM United review helpful for you.

Some other reviews have been pretty scant on details, and I wanted my MMM United review to have all the information for you.

If you decide to carry forward with MMM United, make sure you make the most out of it especially by being guided by someone with inside information.

Click here to join with minimal risk.

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Coinbase Review- The world’s most popular place to buy and sell bitcoins!

coinbase

Coinbase, available to users in over 30 countries as of 2016, is the world’s largest Bitcoin broker. Customers can buy bitcoin with a connected bank account, SEPA transfer, Interac Online, and many more payment methods.

Is Coinbase safe? is a common question. Yes, Coinbase is a Bitcoin company based in San Francisco, and backed by trusted investors. Coinbase is the world’s largest Bitcoin broker, and also offers an exchange, wallet, and developer API. Here we’ll review its brokerage, exchange, anad wallet.

Payment Methods Accepted

Coinbase supports 30+ countries. The payment methods available depend on your country.

Payment Method Countries Funds Available Currency Fees*
Bank Transfer USA 5-7 days** USD 1.49%
Credit / Debit Card USA instant EUR 3.99%
Credit / Debit Card Canada instant CAD 3.99%
SEPA Transfer Europe 1-3 days EUR 1.49%
Credit / Debit Card Europe instant EUR 3.99%
Credit / Debit Card UK instant GBP 3.99%
Xfers Transfer Singapore instant SGD 1.49%
Credit / Debit Card Australia instant AUD 3.99%

*Note that the actual deposit of currencies into your Coinbase account is free. Coinbase then charges a 1% fee per purchase.

**U.S. customers may add a Visa or Mastercard credit card as a backup payment method. If a backup credit card is available, Coinbase instant buy will be enabled for up to $1,000 worth of bitcoin per week.

Limits & Liquidity

Coinbase offers very high limits. Limits depend on your account level, which is determined by how much information you have verified. Fully verified U.S. customers may buy up to $50,000 worth of bitcoin daily.

European customers may have a maximum of €30,000 euro in their account at any time.

coinbase

Speed

United States

U.S. customers will receive their bitcoins five business days from placing an order. Coinbase instant buy becomes possible if a credit card is added to the account as a backup payment method. Instant buy will allow fully verified users to buy up to $1,000 worth of bitcoin per week. Level 2 users with instant buy are able to instantly buy up to $100 worth of bitcoin per week.

Canada

Canadian EFT purchases take four days to complete. Interac Online purchases are instant.

Europe

European users paying with SEPA transfer will receive bitcoin within 1-3 days.

Reputation

Coinbase is a regulated company and holds licenses in all districts in which it operates.

Fees

Coinbase charges a flat 1% fee on all purchases.

Canada

Canadian customers must pay a $1 fee on any transfers of CAD to a bank account. European users buying with a 3D secure debit card will be charged a 3% fee instead of 1%.

Supported Countries

Coinbase offers its brokerage services in the United States, United Kingdom, Canada, Singapore, and the following European countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland. More countries are periodically added so you may check if yours have been added.

Frequently Asked Questions

Can you buy bitcoins with PayPal on Coinbase?

Coinbase only accepts the payment methods listed above.

Security

Users may create three types of wallets with Coinbase: wallet, vault, and multisig vault.

Wallet: Coinbase controls the private keys. You must trust that Coinbase will keep the keys secure. You must also keep your account password safe, and also the 2FA code if activated. Coinbase is a VC backed company with over $100 million in funding and likely has a very strong security setup. However, the point of Bitcoin is that users have the ability to control their own money. Coinbase can shut down your account and block access to your funds at any time.

Vault: Coinbase offers a unique solution for securing larger amounts of bitcoin. Bitcoin stored in a Vault account can be protected by multiple approvers. If a user adds two approvers to his vault, both must confirm that the withdrawal is valid before it processes. All withdrawals from Vaults take 48-hours to process. The time delay provides a safety net; if you see a withdrawal was requested that you did not make, the withdrawal may be cancelled. Like the hot wallet, you must trust Coinbase to secure vault funds. Vault accounts can also be shutdown by Coinbase at anytime.

Multisig Vault: Coinbase understands that many users want complete control over their funds. Its multi-sig vault is a 2 of 3 wallet, where Coinbase has one key, one key is shared, and the third key is held by the account holder. Any two of the three keys allows spending of funds. If Coinbase goes down, you still have both the shared key and your own key. Funds cannot be held because the shared key is encrypted with your password.

Privacy

Your name, phone number, email, and a number of other personal details are required. Coinbase knows your addresses and balance at all times and can connect this with your identity and IP address. You must trust Coinbase’s nodes to verify transaction data.

Each payment request uses a new address, which helps prevent other users from connecting Bitcoin addresses together.

Coinbase USD Wallets

A Coinbase USD wallet will let you store dollars in your Coinbase account. There are a few advantages to using a Coinbase USD wallet:

  • You can store dollars in your account so that when you do want to purchase bitcoins you don’t have to wait five days for a bank transfer to process.
  • You can spend bitcoins online without exposing yourself to Bitcoin’s volatility.

Coinbase Debit Card

Shift Payments released a debit card that connects to your Coinbase account. It uses your Coinbase balance as the debit card’s source of funds, allowing you to spend bitcoins at any merchant accepting Visa. Click the logo to sign up or click Here.

coinbase

 

 

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SoftMoneyOnline.com Your trusted guide to bitcoin profits and investments!

Softmoneyonline.com offers you  various ways to make money with digital (soft) currencies like bitcoin, litecoin, etherium!  This exciting new digital currencies are trending worldwide with its meteoric rise in price!

We will teach you the most popular ways to make money in the bitcoin industry including the most popular methods which are mining bitcoins, trading and investing. We will also cover some cool stuff like peer to peer donation platforms and the risks/benefits which are a great way to make some extra coin with the digital currency as well as bitcoin alternatives!

These are very exciting times at hand and the world’s financial systems are literally blazing!

Bitcoin and other soft currencies offer up a prospective way to trade goods and services without the need for giant financial organizations and banking institutions.

Bitcoin has remained strong on most exchanges, even in the shadow of insane speculation about its future, which I do believe is a very good sign! So we’ll be covering lots and I hope you stick around to learn about it!

 

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