All Cloud Mining is a Scam

in #dtube7 years ago


If you were making money mining coins and tokens, why would you invite others in to take a cut of your hard-earned profits?

Now that the obvious question is out of the way, let's get down to the truth of the matter, which is "referral commissions", a big YouTuber's best friend.

Cryptonick, and Sunny Decree are going balls to the wall crazy right now hocking their HashFlare usage, and are begging their fan boys like crazy to join under their referral link.

Oh, and both of these fellows made their entire fortunes hocking BitConnect referrals to their fans, before publicly distancing themselves from the platform... so keep that in mind as well.

My guess, is that HashFlare was upset that Genesis Mining was getting all the love, so they called these boys up, and gave them a better referral link percentage option offer than Genesis Mining would.

With that being said, please understand that there is no way to make more money than just buying and holding Bitcoin, or other prominent cryptocurrencies overtime, that is the best and only way to make money.

The only time this isn't the case, is if you're like Cryptonick, Trevon James, Craig Grant, and Sunny Decree, and rack up hundreds or even thousands of referrals.

I myself am doing a real world experiment with BitConnect for 365 days, without referrals, and so far I would have made way more money, if I had just put my initial investment into Bitcoin instead.

You know what they say folks, math always tells the truth, so I encourage you to do your own experiments, to figure it out for yourself.

Buying, holding, and dollar cost averaging will make you far more money than any of these programs will, unless of course you rack up tons of referrals, and this is a fact of which is absolutely indisputable.



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Well, although it may not be the most profitable game in crypto, there is some money to be made with some of the contracts, namely Bitcoin. I have better ways to spend my crypto though. I have been fooling around with miningrigrentals.com just to mine some HomeBlock Coin for fun..not profitable, but fun nonetheless https://www.miningrigrentals.com?ref=55688

It's not if you can make money with them, it's that you could make way more taking the same money, and putting it directly into the cryptocurrencies you want.