Tuesday, May 28

Will cryptocurrency become popular in HYIP ???

As we saw that governments and security institutions can take down e-currency players, like e-gold, Liberty Reserve, and many others fast and they do not care about any funds of regular people there, so regular players lost starting from few dollars up to several thousands.

As we know that there is not just these "regular" e-currencies in market, but also cryptocurrencys, for example main player in cryptocurrency field is Bitcoin.

But question remain - will cryptocurrency take place in HYIP?


In market there for now is many cyprocurrencies, like main players Bitcoin, also litecoin and PPCoin, what can take place in industry.

Cryptocurrency main advantage, is that they are not traceable and they are totally anonymous, so no one knows where funds are, where they are being sent and everything is unknown for any authorities, so they can't shut them down like they did with some e-currencies in past.


But actually answer is - NO (for now), because there is some things what is not that nice as anonymity what they can provide.
  1. Cryptocurrency is not stable now - they are not tied for example to dollar, so exchange rate for all cryptocurrencys is changing all the time and as we seen this year value has raised and dropped several times.
  2. They have slightly different infrastructure, so admins need to find out how to implement them in website, because other currencies have website API. Yes, there is some HYIP what is already provides to play this game with Bitcoin, but as far as I know that there is almost no popularity for this payment processor,
  3. Payments are NOT instant, this is main reason for many HYIP players, of course this for other industries is not playing that big core, but for HYIP to be played good is need to be instant payments. But this point is discussable, because not everyone needs instant payments, because in first place is good admin who pays. 



Actually if some widely used scripts like goldcodders and others will start to implement cryptocurrencys we will start to move closer to cryptocurrency era, but it will not happen soon, and it will take lot of time, but for sure I can say that any big hit in the stomach like collapse of Liberty Reserve will move all of us closer to cryptocurrency era in HYIP every time.


So, stay tuned with me and you will find lot of interesting information with me.
Share:

Advertise here for $70/week or $210/month, check availability here.

No comments:

Post a Comment

DavidNews HYIP blog - News & Reviews The biggest English writing HYIP Blog in the web. Seo Blogger Templates

DISCLAIMER: DAVIDNEWS.COM IS NOT ENDORSING ANY OF THE INVESTMENT PROGRAMS LISTED ON THIS WEBSITE. THE INFORMATION PUBLISHED ON DAVIDNEWS.COM IS BASED ON STATISTICS AND PERSONAL EXPERIENCE, TOGETHER WITH KNOWLEDGE AND EXPERTISE RETRIEVED FROM THE INTERNET IN WEEKS OF PASSIONATE SEARCH. PLEASE KEEP IN MIND THAT ALL HIGH YIELD INVESTMENT PROGRAMS ARE HIGHLY RISKY AND THAT YOU ARE THE ONLY RESPONSIBLE FOR YOUR INVESTMENTS. IT IS REALLY RECOMMENDED THAT YOU DON'T INVEST MORE THAN YOU CAN AFFORD TO LOSE. DAVIDNEWS.COM IS NOT RESPONSIBLE FOR YOUR FINANCIAL GAIN OR LOSS. THE INFORMATION FROM THIS WEBSITE IS BASED OFF OF STATISTICS AND PERSONAL OPINION. WHEN YOU INVEST IN HYIPS YOU SHOULD UNDERSTAND THAT YOU ARE TAKING A HIGH RISK. DO NOT SPEND WHAT YOU CANNOT AFFORD TO LOSE. PLEASE ALSO KNOW THAT INVESTING IN HIGH YIELD INVESTMENT PROGRAMS CAN BE ILLEGAL IN SOME COUNTRIES AND STATES. PLEASE CHECK WITH YOUR LOCAL LAWS AND UNDERSTAND THAT WE CANNOT BE HELD RESPONSIBLE DUE TO YOUR LACK OF UNDERSTANDING OF LAWS IN YOUR COUNTRY AND AREA.