Quote from: jekjekman on November 30, 2017, 07:40:16 PM

Rotorua journalist Alison King started investing in Bitcoin in August.

She has been in the UK for about a year, returning to New Zealand next month. So far, she's put in about £400 of her own money into Bitcoin and has seen her account with UAE-based trading firm USI-Tech rise to be worth £1000.

"I'm currently getting $25 a day in return but I reinvest. I'll start to withdraw that when it hits $150, it sounds like a long time but by rebuying with my returns and the compound effect that will only be a couple of months," she said.

"USI-Tech pay out 140 per cent on your capital buy-in, it's a much better deal than with any bank and so many places are accepting Bitcoin as payment these days it made sense to me... Just yesterday someone posted that they could quit their job at 32 as they were getting £700 a day back. I don't expect that much but I know it will mean the difference in part-time and full-time work."

READ MORE:

https://www.stuff.co.nz/business/99391269/bitcoin-price-fall-is-it-the-beginning-of-the-end

Someone should tell Alison she's investing in a ponzi scheme. They've been popping up all around cryptoland for a while now. Bitcoin is not a ponzi, but USI-Tech is.