I am currently mining cryptocurrency with the Bee Network (olenaroosa), Pi Network (olenakagui), Midoin (olenakahujova3102,) and, most recently, TimeStope (olenakagui.) But one is not like the others. TimeStope screenshots can be seen all over the internet with a dollar value displayed next to the TIME number. This implies that it is already worth actual money and can be exchanged. Although this does not appear to be true just yet, it does seem to have potential. But is TimeStope Legit?
TimeStope, like the other mentioned cryptocurrencies, will mine digital currency without draining your battery life or using up your internet. The value of any cryptocurrency depends on how many people are part of the network and how it trades in exchange for other existing currencies.
Is TimeStope Legit?
“Surely Timestope is legit. Here is the explanation: Timestope is a verified and legit Crypto Currency that started free mining on October 7, 2020, Founded by Korean Community. This Free “Mining” Offered by Timestope is aimed at creating awareness to have many people be in possession of the coins (Crypto Currency) before it’ll be launched and trading will start.
Timestope, being one of the best cryptocurrencies is promising and most excitingly, it is 100% free Registration and free Mining with or without referral. To start your journey mining Timestope to financial freedom. Timestope app is available on play store or app store. So anyone can download Timestope and earn cryptocurrency.”Quora – Josh Gates, Is TimeStope Legit?
My reference codes:
You need a referral code to join most of these networks. When you use someone’s code, they get a better mining rate. Make sure to chose someone who is always active, like I am, as this will improve your own mining rate:
Feel free to comment with your own reference codes in the comment section below. And if you know of any other cryptocurrency networks, please let me know. I’d love to join using your code and write about them in future blog posts!
How Does TimeStope Work?
TimeStope is about fairness. They don’t like that 99% of the world’s wealth belongs to the 1%. They believe that everyone should have a chance to make a decent living.
“The basis of TimeStope is to be a witness. Only those who have been invited by the witness can create the TIME through TimeStope, and 9.6τ is distributed to the inviter every day. When the mining period expires, you must witness for someone other than the inviter who invited you and the person you invited, and the attendance score will be reset. This is a way to consistently provide fair opportunities to new participants.”Quora – Josh Gates
The currency mined by TimeStope is called TIME, and every day, you will obtain 60% (14.4τ) and distribute 40% (9.6τ) to your witness.
TimeStope App for iPhone?
One frustrating thing about TimeStope is that the iPhone app is still in review by Apple, so you need an emulator to download it as an iPhone user. I outlined the steps to do this here. Although Apple is known for being careful when it comes to approving apps, this could be a red flag. I also find it a little strange that TimeStope is spelled with a space in the Google Play Store.
Is TimeStope Safe to Use?
Although the answer to ‘is TimeStope legit,’ is yes, because it is an app that mines cryptocurrency. However, there are questions about how safe it is to use. When I downloaded it to my MacBook Air using an emulator, it asked for access to my camera and microphone, asking specifically for the ability to record me.
While that’s highly suspicious, many apps ask for strange permissions like this, and the reason behind it is rarely super malicious. It could just be to collect information for advertisers, which is frustrating but not dangerous. However, you can never be too sure, so do your own research before taking any risks.
Summary: Is TimeStope Legit?
Cryptocurrency can be complicated to understand, but from looking at Bitcoin and Dogecoin, it can’t be denied that there is value in it. The most significant difference right now between those two currencies and the four mentioned in this article is that you had to invest your hard-earned money into it. While so many people regret not throwing every last cent at these two cryptocurrency giants, you need to be wary about investing in new cryptocurrencies. When it comes to financial investments, whatever has a bigger risk generally has bigger rewards. Still, you may want to consult with a financial advisor before you make any major decisions.
While I cannot guarantee that TimeStope (olenakagui), Bee Network (olenaroosa), Pi Network (olenakagui), or Midoin (olenakahujova3102) are safe or will make you rich, I am writing about them because they seem safe enough to use and don’t require a monetary investment. You should still do a lot of research before downloading apps on your phone or taking any financial risks. It looks like the biggest risk of these cryptocurrencies is wasting time and getting your hopes up. However, there could be other hidden risks that I missed in my research.