It is clear that today paper money is increasingly out of circulation, giving way to plastic cards and virtual wallets, with which you can make purchases. The emergence of a virtual currency service , called “Bitcoin”, was initially quite a serious breakthrough. Over time, the so-called "Bitcoin generator" appeared. Feedback from users who have come across it varies quite a lot. Some praise, others just hate. Let's see what kind of service it is, how to use it, and whether it will benefit from it.
Bitcoin generator: what is it?
Let's start by understanding the generator itself. Probably, there is no need to explain that any person in the modern world of a market economy is trying to earn everything at once. If you were looking for gold before, and with the introduction of computer technology they started clicking on advertising banners, now the situation has changed dramatically.
It is believed that you can earn money on bitcoins. Testimonials from people indicate that this is not always the case. It’s naive Americans who are being fooled by this because they live “on credit” in their lives. The offered service is so far from earnings that it is impossible to imagine. Well, if you want, it can be compared with the same online casino, which first offers to place a bet, win, and then withdraws all the player’s money. Although it is advertised that, they say, this is a proven system, alas, this is not always the case.
Cryptocurrency Key Concepts
The Bitcoin Generator service (reviews speak quite eloquently) has appeared relatively recently. This was due to the introduction of the so-called cryptocurrency into the world payment systems.
If you just look at the concept itself, it is not difficult to conclude that it is a kind of encrypted payment unit, taken into circulation for completely incomprehensible reasons. In simple terms, it has nothing to do either with rubles, or with dollars, or with hryvnias - in general, not with any world currency. This is just virtual money, which, roughly speaking, can be disposed of, but not touched. It was believed that this nonexistent currency would not be tied to any monetary unit of any country and would become the most secure in the world, because for virtual money protection is required except for information. And hacks cannot be avoided.
Protection is a secondary matter, but getting into use, even tied to existing bank cards, exacerbates the situation by the fact that the owner never knows exactly how much money he has in his account (it all depends on the exchange rate, and not on the interbank currency).
Official offer
Reviews of the Bitcoin Generator website suggest that it is first proposed to install a certain program on a computer or mobile device, after which the generation of earnings will begin.
Some people think that an experienced programmer should configure the application, others say that it has a standard interface that any user can figure out. Like it or not, let's try to look from a practical point of view.
How it works
To begin with, is there a bitcoin generator. Yes, indeed, he is (and not one). But the most important question is: is it possible to generate cash receipts from nothing?
Yes, not a single financier agrees with the statement that without investing in initial funds (capital) we can talk about any profit. Those who doubt this matter should carefully study Karl Marx's work Capital. Money, as such, is only a means of exchanging goods.
And considering that quite recently all leading financial organizations have refused to use bitcoins in the form of virtual cryptocurrency (even Microsoft officially announced this), then what can I say?
It is believed that the Bitcoin Unlimited Generator (reviews confirm this) was created in order to, roughly speaking, accumulate money in the user's account. But, excuse me, how can you create something out of nothing? Sadly, it is a fact - there are already a lot of deceived users.
Initial conditions
However, let's see what the system offers during registration. Firstly, it is recommended to run the application only once a day. Secondly, antiviruses define an application as an attempt to interfere from the outside.
No, you can, of course, go through registration, but then you will need to add your wallet or card. But! As evidenced by the reviews of eyewitnesses from the linked sites, the money disappears, and in full.
Bitcoin generator: program or trap?
So what is it? The so-called "free" earnings have always been interesting to Russian Ivan. But, as you know, cheese is free only in a mousetrap.
Therefore, to say that reliable generators of bitcoins bring real profit can be very arbitrary. First, you install the so-called miner and follow all its instructions. Then - it seems like the generation of money begins. The Bitcoin Generator (which is highly unflattering reviews) should increase the owner’s account. In fact, this stupid divorce is not worth it. And that's why.
Bitcoin generator: types and features
Today, almost every second person tries to make money on gullible Internet users, offering all sorts of services that help improve their own well-being. The main trouble is that no site can give a full guarantee that such operations will be completed. With all this, it is completely unclear how to cash out cryptocurrency.
If with virtual money like WebMoney or Yandex, everything is more or less clear (the currency is still tied to some kind of payment unit), in the case of the generator, the situation is much worse.
This system is sometimes called a "cloud in the cloud." That is, the system functions as if in dual cloud storage. What does this mean? Yes, only that in this case double reinsurance is used. On the one hand, the developer is trying to protect himself from possible future lawsuits and claims. On the other hand, even at the legislative level you can’t prove anything. This applies to wallet holders. What is already quite bad is the complete absence of a guarantee that the funds will be refunded if they disappear or are illegally seized. The same funds for guaranteeing bank deposits in any country involve circulation in the event of the liquidation of the bank or financial institution in which the depositor placed his deposit.
And by the way, almost everyone who came across this system unanimously claims that if you deal with such earnings alone, you won’t have to rely on anything good, but in the group, as stated, the probability of an increase in earnings is, especially, that cryptocurrency units are generated at the moment of unlocking the next block, and users themselves distribute virtual coins among themselves. But what does it look like in practice?
There are three types of generators: farms, bots, and pools. Without going into technical details, it can be noted that pools combine up to tens of thousands of users and are the most frequently used. In any case, you will have to install and configure the program. Although it is believed that the settings are minimal, the help of an experienced programmer will not hurt.
Is everything so good?
If anyone else has not understood anything about the Bitcoin Generator, it’s worth reading user reviews. The fact is that people from all over the world turned out to be deceived. And today no one can really explain who stood at the origins of the creation of this currency, the payment system and the generator in particular.
Most likely, according to some experts in the field of financial markets, the creation of cryptocurrency should hit the dollar, the main unit of modernity. But, as it turned out, at first there was an interest in what is now commonly called the “Bitcoin Generator”. The reviews, however, only say that the hopes and dreams of many people did not come true. If you want, they were simply robbed.
One last thing
In any case, you should not turn to this service, if you really want to, trying to get quick money. And here the price of the issue is the security of the system. The same generator in the form of a miner on a computer is capable of transmitting information about the user in the background. Even the built-in tools of Windows 10 in this regard look like a children's shovel in the sandbox.
Want to take a chance? No problems! It’s better to play on a stock exchange like Forex and make money on the difference in currency exchange. But in no way should you be led to such means of earning as the Bitcoin Generator. The feedback from program participants, unfortunately, suggests that, in fact, everything is much worse. Here it is worth paying attention to the fact that initially without investing money you can’t earn anything. The same Karl Marx proved that money should at least “spin” in everyday life, and they need to earn profit. This service does not allow this, but therefore, it is not worth using it.
There is also a question of the legality of decisions made in favor of a particular user. Since the cryptocurrency is not attached to any monetary unit, we can assume that it really existed only in the virtual space. It is not difficult to understand the intentions for its creation - to introduce a universal monetary unit into everyday life. But this attempt, as it turned out, was doomed to failure from the very moment of its inception.
Instead of a total
But overall, the idea is not bad. If this project were adopted at the highest level, and even with the support and guarantee obligations of the states, then it would be possible to say that this is really a reliable source of income. Alas, to date, the system as such did not take place, and many users who have tried it in practice, to put it mildly, express their dissatisfaction, and quite often in very unflattering phrases. And in some ways they are right, because it is simply impossible to create something out of nothing in our world.