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jossiel
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July 01, 2020, 07:12:02 AM
 #21

Never heard of Bitcoin Vault. Is this another bitcoin fork and where did you have heard about this coin? It shows a high 24-hr volume which I can't believe.

https://www.coingecko.com/en/coins/bitcoin-vault#markets

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

If it says that you'll get to earn a high profit, I'd be more careful with those words.
Its operating model is very similar to ponzi, so you need to be really careful if you want to invest in it. If the price rises, then the investor will get profits for months, but if the price collapses, they will surely lose.
I'm not interested to invest in it, I just commented and did a little bit of research because op asked. And with that additional information that came from you, it's starting to become clearer now why the volume has been up although it's not familiar.

I think it's not the one OP is referring it could be another site, I check on that Bitcoin- vault link and there's nowhere there that says it's a high-profit project like a Ponzi scheme it's more like a coin just like Bitcoin, honestly, I am not aware of the existence of this coin but they are already on many exchanges, the reason for a very high volume, but do your research first.
I'm still lacking information about what it really does. The volume's high and others say that it's a Ponzi scheme. Yeah, research is our companion when it regards to these projects so let's always apply the, DYOR.

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joniboini
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July 01, 2020, 07:48:07 AM
 #22

Pretty sure it's different than what OP is referring to. One possible explanation is a project using the same name (or deliberately do that to mislead users) and it promises the high return investment thing.

Regardless of which project OP is referring to, what is clear is that any 'legit' one won't promise you any return and just provide an explanation on why they can compete on the market.

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darewaller
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July 01, 2020, 11:52:06 AM
 #23

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[fun88
They seem to be safe, though I am not hundred percent sure about that since I don’t invest in it and I don’t look into coins I don’t invest in. But, I saw a lot of articles that references or talks about them, and they are on Coindesk, Yahoo and some other websites.

And from what I understand, the cryptocurrency was created to address the issues that the crypto community is having with Bitcoin (maybe not all issues). And it’s said that the Bitcoin Vault (also referred to as BTCV) offers extra layers of security as it features three private keys of security. It looks good, but this is the first time I’m seeing this coin, and it has even been on Coinbase and I didn’t know?  It’s still up to you.
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July 02, 2020, 08:03:09 PM
 #24

Looks like a Ponzi scheme project to me, why don't you just find better projects that are well known and popular to invest your money on? Crypto space is not that safe you should be careful of every steps you take, always try to play safe
exactly. if you do not feel safe and/or worried about investing your funds in X project - then just dont do it or do more research
certainly you do not invest in something you don't trust
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