Dualmine(dualmine.com) is just another scam crypto platform that throws around a lot of fake narratives. They showcase all the bells and whistles of a typical ponzi scheme and the number of people who have lost money to them is increasing day by day.
We did notice a few social media links on their platforms pointing to their affiliate projects, but there is no way to verify the connection or anything they say. Regardless of whether you are a crypto veteran, newbie or someone that might be thinking about this platform, you need to read the following points to make an informed decision.
We know that quick profits are enticing and a lot of websites portray that, but most of them follow the following business model.
Dualmine Pitch and Promises
Dualmine platform and Youtube channel promise people to create a reliable stream of income through cryptocurrency mining. Their narrative lures people in, but if you notice closely, there are no actual details shared by them.
Technical factors are not discussed and costs are never disclosed. Simply put, they are attracting newbies in the space that are looking for quick returns and are leaving them high and dry.
Markets are known to bring out extreme emotions, while returns are something everyone is working for, do not let fake promises take you down. Remember, reliable sources of revenue take time to build and that is something you cannot achieve just by clicking a few buttons.
Investment Plans
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A lot has changed in the cryptocurrency sector in the last few years. The dominant cryptocurrencies saw a sharp jump in their value and people in general have huge FOMO. As a lot of people missed the previous bull runs, the demand is more than ever.
Dualmine advertises returns ranging from 1.5% daily to over 85% plus monthly. They even have an in-built profit calculator that spits out impressive numbers. Just by witnessing the numbers they portray, we can assure you that it is a facade.
In other words, you will never get the returns as promised because there is no way to achieve them in actual mining.
Referral Program
Whenever a scam platform goes viral or gains enormous popularity, it is because of their referral program. Scammers create attractive incentives for people who help them increase their reach. As they are not bound by law or ethics, they pay generously to people who do the dirty work for them.
On their website, it is mentioned that affiliates make 10% of the deposit amount they bring to the platform. Clearly, there is a conflict of interest between the marketers and the public.
So, next time you see a positive comment or review with a referral link attached, understand the irony and logic behind the setup.
Dualmine Scam Exposed
Dualmine Scam is a traditional run of the mill kind of operation. On the surface, they claim to make cash flow through mining cryptocurrencies. In reality, they are following a ponzi model which means, using cash from new investors to pay out the old one.
Anyone with basic understanding of statistics can easily spot the flaw in this type of operational model. Once marketing loses steam, the cash flow is going to stop and the owners of the platform will flee with the money.
As they are unregulated, it will be a difficult task to track them down and serve justice. Clearly, the odds are not in the favor of the user and as such, we encourage all of our readers to avoid interacting with them.
Testimonials
If you check for the reviews of this platform on reputable sites like Trustpilot, then it will paint the actual picture of their nature.
A lot of people have lost money to them and it is indeed depressing to go over the comments. Take a look at a couple of comments we have gathered, isn’t it enough to steer people away?
Dualmine is fake, i put 250$ in years ago ive accumulated over 10 million crt which i can only withdraw 12,000 of it every month i have over 2 bitcoin i cant withdraw unless i turn it into their coin which has no value. support doesnt respond, dont put money into this website!
DO NOT BOTHER…THEY STEAL…
Chose cheap plan @$19, reached payout…..
Still waiting….Then they cancelled my transaction.
Give them nothing…they are thieves.
Dualmine Review Conclusion
Dualmine is an obvious crypto investment scam. The creators appear to be experienced cyber criminals and judging by the number of victims, they probably have scammed millions of dollars till date.
If you have lost money to them, then immediately register a complaint with your local law enforcement authorities and reach out to us, we will assist you to the best of our ability.
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