A leader, when asked about gainbitcoin/gbminers, explained his views:
Gainbitcoin started as bitcoin mining company with agreement of giving 10% return for 18 months on your investment ie 1 bitcoin will be 1.8 bitcoin over the period of 18 months. Its provided network marketing option with gain of 5% DSI+8%RSI ,
So if new invester make investment of 10 bitcoin almost 40% needs to be distributed as comission as there was capping of 15 times ID investment and no capping for multilevel binary ,this is resulted in receiving only 6 bitcoin with liability of 18 bitcoins payment to investor
Also reinvestment of monthly payout opened option of compound growth of investment to increase your returns in btc many times
This model has increased payout load every payment cycle with huge commission in the form of RSI/DSI
After march payout has stopped may be because of
1)Increase difficulty level of btc mining
2)Reduced business due to website redesign and payout problem
Option of close down seems inevitable for any ordinary company and Best option of closing website and disappear for fraudulent company especially RBI and lack of regulation about bitcoin makes it easy option without any risk,(Investment in bitcoin by indians is at his own risk and investing in bitcoin to send offshore is breach of money laundering laws by individual or group)read the links below
Changes following this instances
MVP program launched to collect investment in tunes of 10000btc per month for 3 months to creat liquidity
Mcap Launched @3.2$
Payout started for few days in bitcoins and stopped
Payout started in Mcap
Outstanding payout of 3 months and upcoming payout of next 3 months ,devided into 100 equal parts to send payout in Mcap
Problem for investors ??
Mcap rate calculated as 1 Mcap=0.215BTC(8-10$)
and market rate is 1.5$ to 3$ everyone feel cheated and angree
Why Mcap payout calculated so high? when market value is low?
Mcap rate calculated according to asset value of Mcap backed by mining asset and potential to create bitcoin and altcoin
Mcap rate is low in market because huge supply and less demand created plunge in value during 100 days payout
Now what next?
Option one
If you want Mcap value @8$ ,invest in etherium mining ,where mcap investment value is considered as around 8$ so you regain your Mcap value within 10 months @ 8$ and next 15 to months gets more etherium which will give your Mcap investment value of 20-25$
Example
ETH CONTRACT @ 8$ PER MCAP
7500 MCAP CONTRACT =500MHS=20ETH/PER MONTH(6000$-RS 4 LAKH)
CAPITAL RECOVERY IN 10 MONTHS
BUY FROM C-CEX @3$ PER MCAP = CAPITAL RECOVERY IN 3 MONTHS
Option 2
IF YOU KEEP YOUR MCAP IN MYETHERWALLET FOR FEW MONTHS UP TO COMPANY WILL GIVE YOU 10$ RRATE PER MCAP,DETAILS OF THIS PROGRAM NOT YET CLEAR BUT PROPOSED
Option3
Keep rest of your Mcap to sell in open market @ 5$-10$ in future step by step ,even AB said rate may go up to level of 100$ (It depend on your belief and decision )
Option 4
Sell your Mcap at through away price out of fear and try to recover your investment(Not wise thing to do)
Useless activity with no gain
Spreading Fear and negativity amongst whats app group
If you/some people are thinking of legal complaints its will yield 0% result ,because you need to go through this link carefully
https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/IEPR1261VC1213.PDF
https://www.cryptocoinsnews.com/bitcoin-fraud-becoming-frequent-says-indian-crime-branch-official/
https://www.bitcoinmining.com/faq/
https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/RBIAM_230609.pdf
http://lawmin.nic.in/ld/P-ACT/1999/The%20Foreign%20Exchange%20Management%20Act,%201999.pdf
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