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Other => Beginners & Help => Topic started by: tpksarathy on April 06, 2015, 06:44:15 AM



Title: Hello Is there any genuine Bitcoin Multiplier ?
Post by: tpksarathy on April 06, 2015, 06:44:15 AM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: bitcoin.user.x on April 06, 2015, 06:56:27 AM
No there aren't. All such multiplier are a scam. Thet just steal bitcoins from the investors. Even a multiplier as small as 0.1% per hour is a scam.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: champbronc2 on April 06, 2015, 06:56:44 AM
Dude... no!

No free lunches around here. Please be safe.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: --Encrypted-- on April 06, 2015, 07:00:18 AM
you can easily multiply your bitcoins on a dice sites.. though you can also lost all of it equally easy.  ;D


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: umairsaleem on April 06, 2015, 07:02:26 AM
You mean Ponzi? Check here: https://bitcointalk.org/index.php?board=207.0
But you would probably lose all your money, be carefull.

you can easily multiply your bitcoins on a dice sites.. though you can also lost all of it equally easy.  ;D

It's not easy, otherwise we all will be millionaire. :D


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: bitcoin.user.x on April 06, 2015, 07:02:59 AM
you can easily multiply your bitcoins on a dice sites.. though you can also lost all of it equally easy.  ;D
It is not equally easy. It is more easy to lose money in gambling sites as this is how they can earn from you! So the best way is to keep the coins yourself.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: mishax1 on April 06, 2015, 07:04:41 AM
If you refer to ponzi schemes multipliers then no, since every single one of them is controlled by by the operator who can walk away any time. So unless it's an open source and publicly available code, don't expect it to be genuine.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: shorena on April 06, 2015, 07:32:50 AM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

Like all the others already said: no. You can think about this for yourself a bit and understand why. Lets say you could double bitcoin somehow. Lets also assume you have 1$ worth of bitcoin to start with. By todays price (257$) thats ~0.00389 Bitcoin, lets assume its 0.003 for simplicity.

Whats the typcial time frame these multiplies claim to need to double your coins? a day? So tomorrow you have 0.006 BTC, the day after you have 0.012 BTC and after the first week you have 0.003 * 27 = 0.384 BTC. Two weeks? -> 49.152 BTC A month (30 days)? -> 3,221,225.472 BTC. 3 Million BTC in a single month. If anyone would be capable of these profit rates, they would not need your money. With these rates they could start from a few satoshi out of a faucet and be rich next year.

Is 25% more realistic? Nope, that would result in 0.003 * 1.2530 = ~2.42338 BTC in a single month or ~1.5 Million BTC after 3 months.

The biggest growth I have experienced here was just-dice when it still allowed gambling with BTC. Its was 0.3 % per week on average. I imagine other well run casinos have a similar growth rate and if they allow crowd investing you can participate, but you also take risks.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: futureofbitcoin on April 06, 2015, 07:56:11 AM
I'll tell you what. You can be a genuine bitcoin multiplier and mutliply my bitcoins 100x. Just send me 1000 bitcoins, I'll send you 10 back.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: sgk on April 06, 2015, 08:02:45 AM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

If there were any, they would not run a public service for social welfare. They will just keep multiplying their own Bitcoins.

All 'multipliers' you see on internet are just Ponzi schemes, that pay old investors from the funds of new investors.
When new investors stop investing, the game is over and pending deposits aren't repaid back.

In short, they can be safely called SCAM.

http://www.investologic.in/wp-content/uploads/2014/03/Ponzi-Schemes.jpg



Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: twister on April 06, 2015, 08:36:25 AM
There's no magical way of doubling your money, if there was such a way everyone would be rich by now. The sites that make such statement are lying and will most definitely run away with depositor's money sooner or later.

The only genuine way of doubling your Bitcoin is hold it. If & When the price doubles your Bitcoin will double it's value.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: nwfella on April 06, 2015, 08:50:33 AM
Best bitcoin multiplier I've found to date by far is a jobby job!


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: freemind1 on April 06, 2015, 09:10:22 AM
Hello tpksarathy and welcome to the forum. Multiply your bitcoins?. Multiply your Bitcoins = Ponzi. Websites that offer multiply your Bitcoins in 100 hours for example use a Ponzi scheme, they are a scam. The best thing to do is talk to someone on the forum who knows where to invest your Bitcoins, hopefully can take out a percentage, but not multiply. I recommend reading the following link, you will learn that you do not get ripped dude:

http://en.wikipedia.org/wiki/Ponzi_scheme

Good luck.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: gkv9 on April 06, 2015, 11:21:53 AM
If you think it's too easy to get Bitcoins through multipliers and such so-called ponzis, then everyone outta here must be a millionaire I guess...
I think you should use search for such questions as most of them are already answered in other threads too... :)


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: LOBSTER on April 06, 2015, 11:40:39 AM
You can maybe multiply your Bitcoins on a dice site like Justdice, Primedice etc.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: gkv9 on April 06, 2015, 11:43:16 AM
You can maybe gamble your Bitcoins on a dice site like Justdice, Primedice etc.

FTFY... It should be called gamble and not multiply, and it ain't a better option though...


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: randy8777 on April 06, 2015, 11:58:54 AM
sad enough there are many newbies downloading these scam apps via torrent sites and find out their bitcoin are gone after installing.
using common sense would help.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: notlist3d on April 06, 2015, 12:05:51 PM
sad enough there are many newbies downloading these scam apps via torrent sites and find out their bitcoin are gone after installing.
using common sense would help.

It is sad to see.  If people just followed if it sounds to good to be true it probley is people would be better off.

It seems some forget BTC is money.  There is no easy way to double it, or guarantee return. It's not a video game but a form of currency.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: achow101 on April 06, 2015, 02:17:32 PM
When I was a newbie on this forum last year I'm really like Ponzi if I get in round early.
But now I don't recommend people to play Ponzi because you will lose someday.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Twipple on April 06, 2015, 02:55:14 PM
Well there are actually ways, but the problem is even though there are legit ways to make returns on your investment, people who manage these businesses have not proven to be legit or honest. And due to that the risk factor is much bigger, and best to not invest.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Totaldice on April 06, 2015, 04:14:30 PM
There is no way to multiply an amount of Bitcoin indefinitely. You could try out a dice site (not 100% win chance) or invest in a dice site (whale could come and take the bankroll) and hope the sites makes money. I'd be careful.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: techgeek on April 06, 2015, 06:17:35 PM
If you head over to the gambling area, thats where most mutpliers are at, if you are in most peoples situation they end pouring money into hardware/cloud mining - legit asic provider.

So it depends on where you go, but just be aware a simple rule to follow: invest in what you can afford to lose.

Prepare for the worse situations, despite on the site being up for 1-2 years as an example.

Threads like this though, give you better idea of which ones to go for though. https://bitcointalk.org/index.php?topic=967149.0

When you scroll down on that thread, the op has listed paying ones still.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: notlist3d on April 06, 2015, 08:17:24 PM
If you head over to the gambling area, thats where most mutpliers are at, if you are in most peoples situation they end pouring money into hardware/cloud mining - legit asic provider.

Gambling.. the house always wins.  And if you gamble you should do it at a legitimate casino as you can print loss/gains at most casino's assuming you use their cards or what ever they use to identify gamblers.  So if you happen to win you can show losses for tax purposes.

On miner's if you go for a legitimate company I think most point for ROI of that is not quite double.  If any numbers promise to double investment mining you would have to have very very cheap electricity.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Twipple on April 06, 2015, 08:18:58 PM
If you head over to the gambling area, thats where most mutpliers are at, if you are in most peoples situation they end pouring money into hardware/cloud mining - legit asic provider.

Gambling.. the house always wins.  And if you gamble you should do it at a legitimate casino as you can print loss/gains at most casino's assuming you use their cards or what ever they use to identify gamblers.  So if you happen to win you can show losses for tax purposes.


I think by the gambling he meant investing in casinos or dice sites. But like I said above, the risk of the owner running away with the funds making it a -EV move.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: ezeminer on April 06, 2015, 08:46:35 PM
You could try investing bitcoins into people's projects at BTCjam.

Although you could lose bitcoins again if the offer looks too good to be true.

Gambling may eventually make you lose all your money.

Ponzi Schemes are the best way to lose money in seconds.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: achow101 on April 06, 2015, 09:45:42 PM
You could try investing bitcoins into people's projects at BTCjam.

Although you could lose bitcoins again if the offer looks too good to be true.

Gambling may eventually make you lose all your money.

Ponzi Schemes are the best way to lose money in seconds.

Yes BTCjam is best place to invest with your money.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: notlist3d on April 06, 2015, 09:50:50 PM
You could try investing bitcoins into people's projects at BTCjam.

Although you could lose bitcoins again if the offer looks too good to be true.

Gambling may eventually make you lose all your money.

Ponzi Schemes are the best way to lose money in seconds.

Yes BTCjam is best place to invest with your money.

There is still risks even loaning on BTCjam.  Granted their rating system helps a lot of weeding out horrible ones.  If they don't pay back you are in for a legal battle to get money.

You have to ask if these people were such a good risk why would a bank not do a short term loan for them? 


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: achow101 on April 06, 2015, 10:02:26 PM
You could try investing bitcoins into people's projects at BTCjam.

Although you could lose bitcoins again if the offer looks too good to be true.

Gambling may eventually make you lose all your money.

Ponzi Schemes are the best way to lose money in seconds.

Yes BTCjam is best place to invest with your money.

There is still risks even loaning on BTCjam.  Granted their rating system helps a lot of weeding out horrible ones.  If they don't pay back you are in for a legal battle to get money.

You have to ask if these people were such a good risk why would a bank not do a short term loan for them?  

That question can answer by this question "Why we use Bitcoin?"
Is there any 0% risk when you call it "Investment" ?


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: hugs1BTC on April 06, 2015, 10:20:56 PM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

Think about it: does people give away money for free? No. It's the same for Bitcoin. They are all scams, if they work at the beginning it's because they need people to join.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: goldkey0070 on April 07, 2015, 02:47:48 AM
The thing about pozi or "multiplier" is you have to get in and get out quick in the beginning because they die and take your coins with them when they  ...well feel like it but most are greedy so they will wait a few weeks to build trust. never give what you can't afford . i have gained a few from these ponzis but the same ones ive used rip people off two weeks later i suggest staying away from them and learn how to trade altcoins for bitcoins


<---------------


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: gugel8989 on April 07, 2015, 09:06:08 AM
No there aren't. All such multiplier are a scam. Thet just steal bitcoins from the investors. Even a multiplier as small as 0.1% per hour is a scam.

same as you, all multiplier are a scam.
better  u going to booksport betting.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: planetroving on April 07, 2015, 09:17:02 AM
All bitcoin multipliers are scams, I'm sure. Nothing is free, as far as I can tell. The only way you can 'multiply' your coins is by gambling, which you can obviously lose a lot from.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: uki on April 07, 2015, 10:19:46 AM
Short answer: no.
Please, do not fall in the trap of easy money (greed). There is no easy money, as there are no free lunches.
It is like people playing three boxes on the streets attracted by 'potentially' easy win. In the end it is you who provide the easy money to scammers, if you decide to play their game. Do not!


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: SirChiko on April 07, 2015, 07:16:28 PM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?
You can invest into som legit sites but the interest rate won't be big.
You are probably reffering to ponzi schemes and operator of this can run with all your investments anytime so beware!


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: RodeoX on April 07, 2015, 07:22:24 PM
ask yourself this:
If there were a way to double bitcoins why would that person want or need your bitcoins?
These are scams and the only doubling of bitcoins will be theirs doubling because of your contribution. Forget the idea of "investing" in BTC. Just spend them the way God and Satoshi meant for them to be used.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: MegaFaucet on April 07, 2015, 07:24:27 PM
btcinvest.gq


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: goldkey0070 on April 07, 2015, 10:43:30 PM
ask yourself this:
If there were a way to double bitcoins why would that person want or need your bitcoins?
These are scams and the only doubling of bitcoins will be theirs doubling because of your contribution. Forget the idea of "investing" in BTC. Just spend them the way God and Satoshi meant for them to be used.
I agree  and that is a very good point! Why would they need your bitcoin..If i had some secret way to double in that amount of time i don't think i would give people ideas about it. It would be my secret.    ;D


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: --Encrypted-- on April 07, 2015, 10:48:43 PM
btcinvest.gq

that's a ponzi site. I would advise to stay away from these kind of sites because they will scam you sooner or later.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: achow101 on April 07, 2015, 10:53:34 PM
btcinvest.gq

that's a ponzi site. I would advise to stay away from these kind of sites because they will scam you sooner or later.

Katsou is right yes! you earn from Ponzi but if you aren't not enough you will lose soon.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: goldkey0070 on April 07, 2015, 10:54:02 PM
Try looking up Coinsdouble in this forum and look how many people lost their money, its pretty sickening. People are use to fiat and being regulated by the government or police protection. There is none with bitcoin unless you have friends like Anonymous hack group that can get revenge for you.You're better off gambling ten to put your money in those and gambling is no good


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Lorenzo on April 09, 2015, 10:46:33 AM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

If there were any, they would not run a public service for social welfare. They will just keep multiplying their own Bitcoins.

All 'multipliers' you see on internet are just Ponzi schemes, that pay old investors from the funds of new investors.
When new investors stop investing, the game is over and pending deposits aren't repaid back.

In short, they can be safely called SCAM.

http://www.investologic.in/wp-content/uploads/2014/03/Ponzi-Schemes.jpg



An investment scheme denominated in fiat currencies with high returns could work, i.e. it's possible to get a return of 10-15% by investing in rental properties. Once you take out the property management fees, taxes, insurance, and percentage of time where the property (or more likely, collection of properties) remains vacant, then you'd probably be looking at the lower end of that range. Still, that's a pretty good figure.

A similar scheme where the main currency is BTC, on the other hand, would definitely not work since a.) BTC must be converted to fiat before investing in rental properties, b.) because housing and rental prices are denominated in fiat, and c.) the price of BTC is so volatile that the value of your investment could rise or fall by 10-15% in a single day.

It would also be possible to invest in a company that gives out loans or insurance and earn a profit that exceeds the rate of inflation. Say you have $100,000 to invest and the fund earns 8% per annum and inflation is 3%. Taking inflation into account, the end of year profit in this scenario would be $5,000. It's a free lunch, albeit a small one. Sure it could be a ponzi scheme but if you stick to companies that have regular audits and operate in a transparent manner then the chances of it being a scam are less likely. Real ponzi schemes tend to be secretive or vague about the sources of their "income".


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: shogdite on April 09, 2015, 11:20:20 AM
If there was a genuine btc multiplyer (which there isn't), none of us would have heard about it as the creator would just keep it to themselves so they can get filthy rich. The multiplier scams you hear on youtube etc are at best useless, worst they contain malware.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: waterpile on April 09, 2015, 02:35:52 PM
If there was a BTC multiplier, BTC wouldn't have any worth.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: dloghwak on April 09, 2015, 06:35:40 PM
Is there any genuine Dollar Multiplier ?
Is there any genuine Euro Multiplier ?
This should answer your question.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: dothebeats on April 09, 2015, 07:25:39 PM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

Are you even aware that the only possible means to "multiply" your btc is through gambling, ponzi schemes, and investing in businesses that succeeds? If you're talking about "multiplying" your btc using a software, it is not possible. If that even exists, one bitcoin would probably worth nothing at the time of this writing. If you want you can always try gambling, but I'm sure you'll have a hard time multiplying your balance in there.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Jasad on May 01, 2016, 01:54:42 PM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?
did you mean hyip or ponzi?doubling bitcoin is short way to make bitcoin but also have highest risk in my opinion,i suggest you to stay away from that scheme and pick a good investement or just earn bitcoin from better way like signature campaign.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: BitMaxz on May 01, 2016, 02:00:34 PM
Better to hold your bitcoin instead of invest it for nothing.. i dont hear any multiplier or doubler for bitcoin all of them are scam..
If you want to double your money better to try trading but first you should study it first..


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: streazight on May 01, 2016, 04:07:06 PM
Dude... no!

No free lunches around here. Please be safe.

There is no such thing. Most of them are scams


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: n0ne on May 01, 2016, 05:16:45 PM
Dude... no!

No free lunches around here. Please be safe.

There is no such thing. Most of them are scams

Nothing just the hard work you put forth has the ability to multiply your bitcoin rather than depending upon some sort of website and ending in loss.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Tyrantt on May 01, 2016, 09:41:15 PM
Hello

Is there any genuine Bit coin Multiplier ? Hi like to invest bitcoins in multipliers like 2x, 10x, or 100x ............can any one suggest.......?

" Are there any FIAT currency multyplayers?"


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Hugroll on May 01, 2016, 09:50:53 PM
there definitely isnt a genuine bitcoin multiplier i really urge you to never invest bitcoin in anything online that says doubling bitcoins or anything like that. its 100% a ponzi scheme.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: Avox on May 02, 2016, 02:30:15 AM
Yes, This one just launched some days ago... Check it out and try....
BITCOIN XPLOSION http://www.bitcoinxplosion.com (http://www.bitcoinxplosion.com)

Really?! Cha cha cha...   ;D

In fact  >:(


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: RodeoX on May 02, 2016, 06:49:13 PM
Simple application of logic will show that there is no such thing. Try this thought experiment.

You just discovered a way to "double" your bitcoin. Do you:

A. Create secret accounts then tell the world you need their money so that you can double it all as a public service?

B. Not tell anyone and with just one bitcoin double it until you own all the coins?

Logic is the bane of scammers.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: mrhelpful on May 02, 2016, 07:38:04 PM
There isnt a good multiplier outside from just going to a known gambling site like primedice and hope you wont get screwed over in 1 roll.

If you have the settings to 90% win rate, there is the risk of losing the huge principal.

Then theres the other approach, where if you are wise enough you`d save enough to create some other type of sales and not looking for quick easy hand outs.

Theres books like Think and Grow Rich and Millionaire fastlane that can change your view of financial literacy.


Title: Re: Hello Is there any genuine Bitcoin Multiplier ?
Post by: mrcash02 on May 03, 2016, 01:16:09 AM
Surely not. This kind of genuine BTC Multiplier will just become true if King Midas create one or the Lamp Genius.

Nobody can double money so fast and with 100% sure, it's just a illusion like Cloud Minings and another schemes like that offering easy and big returns without any effort from your side.