well I certainly hope this isn't a scam but no one really knows for sure. I guess it could be.
What I am showing you here is based off of me investing $1,050 usd in the ICO of Binary coin. I stand to lose all of my money should this investment not performed as estimated by Binarycoin. This is extremely high risk. This is not investment advice but only what I am looking to do with my initial $1050 investment. I understand completely that these numbers pesented by Binarycoin are a bit skeptical and I will make my investment decisions which could be adjusted as I go along in this investment depending on many things to do with this investment including performnce of the price of the coin and the over-all crypto market. Please do not do this as I DO NOT RECOMMEND such a high risk investment to others.
The following HYPOTHETICAL investment in based off of my investing roughly $1050 usd in Binary coin's ICO at it's current price which at this time is $1.05 (U.S. Doallar) or usd. The next round which will be the last is at $1.25 usd.
From the WhitePaper: "Token estimated BRC = $25 USD Price December 2017"
WhitePaper:
https://binarycoin.io/assets/WHITEPAPER_ENG_NEW.pdfSo, my investment of $1050 will get me 1000 BRC or Binary coins. If the above White paper numbers do come to reality I will have an estimated $25,000 by the end of Dec. 2017. So as you can see this is quite speculative. Here is what I do with that money.
So my $25,000 usd will be invested as such for income purposes! Remember, I only have $1,050 invested at this point!!!
The following loans are all taken out at the same time on the same day.
https://youtu.be/2AiRBWMcGlsLoan #1 - 30 day loan for $9,000 pays 45% in 30 days for $4,050 in interest plus your principal back at 30 days!
#2 - 60 day loan for 8,000 pays 95% in 60 days for $7,600 in interest plus your principal back at 60 days!
#3 - 90 day loan for 8,000 pays 135% in 90 days for $10,800 in interest plus your principal back at 90 days!
When loan #1 matures you keep the $4,050 in interest for income for that month and the you reinvest the $9,000 principal in a 90 day loan at 135%. That will pay you $12,500 interest plus return your principal.
When loan #2 matures you keep the $7,600 in interest as income and reinvest the principal of $8,000 in another 90 day loan for 135%.
When loan #3 matures you take the $10,800 interest as income for the month and reinvest the principal of $8,000 in another 90 day loan at 135%.
You have now created a monthly income of over $10,000 a month from a $1,050 investment. You will now have a 90 day loan coming due every 30 days with $10k in income! How awesome is that!
These numbers can be adjust any way you like. More or less but the income from the 90 day loans coming in every month is quite drastic. Again, this is what I plan to do with this great coin!
https://youtu.be/2AiRBWMcGls