Bitcoin Forum

bitcoinvault.global/

hi


i would like to ask about this coin Bitcoin Vault . it has a high return of profit. is it a scam or not.
i cant find any pools to mine only two pools and its not available to use only if you register to this website
https://www.miningcity.com/

https://coinmarketcap.com/currencies/bitcoin-vault/

http://explorer.bitcoinvault.global/mining-pools

can anybody share any info regarding this coin and company

thanks …

It probably won't be a scam, they will give you an altcoin that won't be worth much in the future...

I do read up the links given and this is just an another cloud mining company. I didnt expect that it do able to get that value on that high.For short term aspect then lucky for those who invested to this coin
but in longer aspect then i wont bet on any coins specially into this kind of field (mining). I wouldnt trust up that much even though they are listed on CMC.
Ill be definitely choosing Genesis or HF in terms of cloud mining but majority of people here do know that it is unprofitable and if we do talk about on using their
own token profitability then it would really be a gamble.

I hope this is not the case of Don't get tricked by hidden spam on this forum (https://bitcointalk.org/index.php?topic=5190848.0).

Anyhow, here ANN | BITCOIN VAULT Listed on Coinneal | HIGH HASHRATE 1400PHs | POW SHA256 (https://bitcointalk.org/index.php?topic=5222265.0). Read the comments below and decide for yourself.

Hi,

I’m interested in mining this coin. So far I can’t find the reliable to mine? Any suggestion or help?

This Bitcoin Vault is most definitely a scam coin. IMO, most of the coins with a name followed by "Bitcoin***"  for example Bitcoin SV, Bitcoin Diamond etc are meant to scam users of their funds by manipulating the price of the worthless coin. So, Bitcoin Vault is no different from them either, the price is currently manipulated and pumped, they will soon dump in no time.

Well, most of them said that the coin is a scam, the price is flying down, and some negative things about that. Wait, did they just say this coin is a scam because of dump price? And most of them are newbie ranks and similar members. Therefore, I still cannot determine this.

Then, I tried to catch more information on coinmarketcap:
https://i.imgur.com/H5xzaKP.png?1
The price shows interesting, it is $145.18 USD (2.32%) / 0.01575781 BTC (2.23%). It seems worthy moreover with that high price. However, I personally am not interested in this kind of coin, moreover the coin with the "Bitcoin" name. As usual, it probably only to attract the people to invest in this coin.
For mining? I still don't do it. So, better to be careful when going to invest in this kind of coin, do more research and know deeply what the mining works.

Source:
https://coinmarketcap.com/currencies/bitcoin-vault/

Its current price is $ 145 and I think it is too high compared to reality, there have been too many people fomo this project and I believe its price will quickly collapse in the future. And to my mind, only bitcoin is real. Other projects with names related to bitcoin are scam and not worth our investment

Yes, that's why I said that everyone should decide for themselves about this coin because the price seems to be pumping but at the same time maybe some entity behind are doing this to make it look as if this is a legit and trusted coin. So always DYOR (Do your own research) here. And not just listen to those who are shilling for this coin.

I don't know much about this project so won't be quick to call it scam, however it's left for you to take some steps more to checkout certain things about the project to know their level of trust and commitment. First, you need to check the team and be sure they have the needed expertise to keep the platform running, not that they will pretend to work, attract users and then start filling their pockets. Another is that, you will need to check the community members and see how engaging they are and how far they are speaking well and promoting the platform. There are other things to checkout for such as the level of growth so far; from all these you can make your decision either for long term or short term. Lastly don't be moved by hype.

Why would anyone trust something so lazy that even their name copied from the other? Bitcoin Vault? Seen the first red flag yet? Nah, I don't hard on name copy project. If they are good and honest, able to turn their project to something unique from the old shadow of the original then I will give them credits.

Warning

This project is a Ponzi scam project, stay away and mind you I want you to know that any project with high return of investment aren't legit projects, they will end up exiting scam when you least expected.

Spend time to Google top altcoin projects that gives investors returns every month or annually you will see that those returns doesn't exceed 5% to 15% annually, be careful and don't let greed get a hold of you.

No one can be sure whether it is 100% scam or not. One project can be very trustworthy and will become chipped at one point, and another project that is very similar to scam may not be

High return probably means a scam sign and they also have bitcoin name in their coin so I feel like it has chance of turning into scam of 100% so don't get attracted for high returns.

I visit the website and never find an investment plan maybe you need to register first before you can see it.

I have a question how much is the return they promise to give if you invested ?

If they give 1% or more daily in your investment its obvious scam so don't invest.

Its hard to know now if they have plan to run peoples money or not, because as we can see they are now listed in multiple exchange .

What's up with people having a thing with projects that use 'bitcoin' in their name? I won't call this project a scam just because it's name is Bitcoin vault, that's not right, sharing names have no meaning, use case is what I'm more interested in.

OP if the returns are too high then it's probably a scam, don't listen to people calling the project a scam because of its name, Bitcoin cash is a scam too? I guess not, what I'm against here is High returns, there is no real project that will give out huge ROI, they are probably a Ponzi scheme

Yup, any project that promises you high ROI, huge profit or anything close to that is most likely try to scam you.

The project looks good to me but very alarming if they are giving out high rewards to their investors, that's a red flag sign, proceed with precautions

It looks very much like a ponzi, but so far, this project is still developing well and there are no signs of scam. Please pay attention when investing in this project, it can be collapsed at any time because the price has risen too high for many months.

we never know how much is the roi iF you invest in their platform even the Op  didn't give exact  details so  we can't give our suggestions as also investors.  We need to know first what this project is offering to give to investors so we can have idea.

And base on their announcement thread https://bitcointalk.org/index.php?topic=5222265.0 this one is created only this year,and don't give any other information and updates there , so how can we trust it. The announcement they give in Twitter is related only in listing .

I have just heard this token now as if there were no accusations about the fraud of this project but seen in coinmarketc the liquidity is high enough that I cannot conclude that this project is a fraud.

Try to investigate before acting.

It is still too early to confirm this is a scam project. When I look at how it works, this project is very similar to MLM and Ponzi. We need to wait a few more months to know the nature of this project

what coin is this? Is BTCV a new fork of Bitcoin?
exactly 21 million in total supply, I have no interest in buying it, be careful

I just saw on coinmarketcap it has been growing very well, therefore I don't think it would be a scam. As well without researching the project from every aspect it should be so early to claim it is a scam. Before than clean investigation would be a better option rather than declaring itself scam.

Just above you this is the post in which will tell you how to decide about this project.


Now after reading the links above for sure there is realization about if needed or not to try this Mining.

I'm sure if you are newbie there will be attraction you will find but its not about the promises but what is coming near you.

From the name first I though it would be another fork of bitcoins but it seems all about security by multi part private keys. Why they do not have announcement on this forum? They promise about decentralized digital money mining but they ignored to introduce to this community. Highly controversial. If they would have announced here then they might have got more investors than the level they are having right now.

I am not seeing they are promising anything impossible nor unachievable hence it would be just another coin which focus on some of its own features. Honestly I will not start showing interest on them just because of this topic but may start watching it how it would be performing to compare its progress with past performances.

For mining information like where to find profitable pools and for other related information, you must follow them on their social media; I guess their telegram group could be useful for you to interact with them to get required information.

Not all projects that shares name with Bitcoin are real fork of Bitcoin, they can just decide to use 'bitcoin' in their name and this doesn't says that the project is scam either, just do your own research and if the project is good enough make sure you invest only what you can afford to lose

Hey Bitcoin Vault raise to 400 usd, you have to take risk man, read about financial education millionaire people take risk, but if you are scared of any new coin that appear, you will lose a lot of good opportunities. if you want to take the risk here is my link.
https://me.miningcity.com/referral-register/archangell

It looks very shady for sure. I saw it has a sort of partner with Mining City (Vietnam based mining rental with MLM scheme, selling mining package with guaranteed ROI) so I don't think it good and you should stay away as the 24h volume also very low and easily manipulate (check its chart for the price of Bitcoin Vault keep increasing)

Yes, this user's post is exactly what I'm talking about.

BitcoinVault is a scam, read here:

https://twitter.com/bitcoin_v/status/1286649416854786051

BitcoinVault blockchain consensus rejects any address that isn't controlled by the developers. They don't tell the community this, so when someone tries to solo mine or set up their own pool to mine BitcoinVault, their block will ALWAYS be rejected. Only the developers have the private key to the allowed addresses. This is a true scam.

BitcoinV is the real BTCV and existed before BitcoinVault. BitcoinV aims at being a more decentralized form of Bitcoin via its Variable Block Rewards which should form more SOLO miners over time. BitcoinVault's approach is centralized mining that is controlled by the dev.

In short, stay away from BitcoinVault!

Even the fork of bitcoin was a scam coin and any other coin that used the name of bitcoin and claimed they were bitcoin fork are the worst coin than fork coins. Bitcoin vault is actually a scam coin.
I think so many people have known this coin so well.

I see that there is no more info on the circulating supply as well the max supply (in the past at least you had this info) . Is this going to crash really soon?

Yup. it's clearly a scam from my point of view, I'm just trying to figure out when it will crash. The max supply is still displayed (21 mil) but the circulating supply is not available anymore. "|Circulating Supply
? / 21,000,000" .

All pumps come from new entrance or repurchase of their investment plan, no one support that project. It's better to buy BTCV hold and sell later...you will earn much more than their "plan" with give back your money every daily for 1% lol.