What Is Bitcoin?

What is Bitcoin Currency?

Bitcoin is a type of digital currency created and held electronically. It does not exist as paper money, but encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Bitcoin operates independently of a central bank of any country or any central authority of anyone. It is the first wholly decentralized peer-to-peer payment network that is powered by its users with no middleman such as a bank or clearing house. The payment system was invented by Satoshi Nakamoto who introduced the idea on 31 October 2008 to a cryptography mailing list.

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Nakamoto introduced the idea on 31 October 2008 to a cryptography mailing list and released it as open-source software in 2009. Transactions with bitcoin are verified by network nodes and recorded in a public distributed ledger called the blockchain, which uses bitcoin as its unit of account. Since the system works without a central repository or single administrator, the U.S. Treasury categorizes bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed, but bitcoin is more correctly described as the first decentralized digital currency. Bitcoin is the largest of its kind in terms of total market value.

Once you register and join Project 1-9-90 here, you will start earning bitcoins as time goes on. Because of the high value of bitcoins, it is quite expensive to buy it through exchange with other currencies such as US Dollars. But you can acquire bitcoins by joining Project 1-9-90. Bitcoin is the best store of value for your money.

As of today, bitcoin is the currency with the highest value in the world as it currently exchange for about $450 to 1 bitcoin. It is divisible into its one millionth unit which is called a Satoshi. i.e. one millionth bitcoin equals one Satoshi and is the smallest unit of the currency. Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger. This activity is called mining and miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can also be exchanged for other currencies, products, and services. When sending bitcoins, users can pay an optional transaction fee to the miners.

The blockchain is a public ledger that records bitcoin transactions and accomplishes this without any trusted central authority: maintenance of the blockchain is performed by a network of communicating nodes running bitcoin software. Every transactions from payer A sends X bitcoins to payee B are broadcast to this network using readily available software applications.[42] Network nodes can validate transactions, add them to their copy of the ledger, and then broadcast these ledger additions to other nodes. The blockchain serves as a distributed database while each network node stores its own copy of the blockchain

However, there have been several high profile claims to the identity of Satoshi Nakamoto; but none of them have provided proof beyond reasonable doubt that back up their claims. As of now, Satoshi stands unknown to the many users of bitcoins. More information can be obtained on Project 1-9-90 blog

How Much Money From Project 1-9-90?

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How Much Money Can I Make From Project 1-9-90?

In Project 1-9-90, you can determine how much money you can make in the business just because there are very few businesses that can give anybody such residual income like Project 1-9-90 with only a minimal start-up amount of €10 (N4,500). Although you can join Project 1-9-90 with higher amounts, but with mere €10 (N4,500), you can make as much money as €16,680 (N6,672,800), using only one package in one year or in a shorter period.

If you have not register your FREE Project 1-9-90 account, click Join Project 1-9-90 now to join the Law of Success. If you have challenges in registration or activation of you account, you can read my earlier posts on How to Register and How to Activate Project 1-9-90 Account

Once you start with your desirable amount you wish to start with, there is no monthly subscription or any additional fee. Its only the initial €10 (N4,500), or the initial €35 (N14,500) or the initial €85 (N34,500), or the initial €185 (N74,500), or the higher amounts (depending on how much your started with) you will continue to re-invest at the higher stages. After the initial start-up fee, you move to stage two with your direct and indirect downlines and so on till stage ten.

Before moving to stage two in the system, you will receive your first income of €37.80 (N15,120) if you started with €10 (N4,500). But if you started with €35 (N14,500), your initial income will be €132.30 (N52,920), if you started with €85 (N34,500), your initial income will be €321.30 (N128,529), if you started with €185 (N74,500), your initial income will be €699.30 (N279,720), if you started with €435 (N174,500), your initial income will be €1,644.30 (N657,720), so on and so forth till the you start with €13,938 (N5,576,200) where your initial income will be €52,685.64 (N21,9746,256).

This point is at the close of cycle one and you have up to ten cycles in just one package. Meanwhile, there is no limit to the number of packages you can have in one account, so your earning potential is limitless. This is because there is infinite re-investment and infinite earnings. So only you can tell how much you can make and no one else can.

This scenario depicted above is for a person who runs only one package, which is usually not the practice, people normally run several packages at the same time, there is no restriction in Project 1-9-90 to the number of packages you can have, so also there is no limit to the amount of money you can make in Project 1-9-90. Just like your Facebook account, there is no limit to the number of people you can have as friends, so in Project 1-9-90, there is no limit to the number of people you can introduce on your downline.

Lets look a case of one person who runs just one package and also closes each level within one week:
She starts with the minimum amount of €10 (N4,500), closes the first level in a week and makes €37,80 (N15,120).
Moves to the next level with all downlines and re-invest €25 (N10,000), closes the second level in the second week and makes €94.50 (N37,800).
Moves to the third level with all downlines and re-invest €50 (N20,000), closes the third level in the third week and makes €189 (N75,600).
Moves to the fourth level with all downlines and re-invest €100 (N40,000), closes the fourth level in the fourth week and makes €378 (N151,200).
The total amount of money made by by this lady in one month amounts to €699.30 (N279,720) in one month.

Lets now assume that this lady in question runs three packages at once and all the three also close each level within one week: She starts with the minimum amount of €10 (N4,500) and mind you, to have this package in three places, she doesn't need to add more money to start a new package, its only the same start-up amount but a new package is opened for her using earnings from the first package. As she closes the first level of the three packages in a week, she makes €113,40 (N45,360).
Moves to the next level with all downlines and re-invest the same €25 (N10,000) in all the three packages, closes the second level in the second week and makes €283.50 (N113,400).
Moves to the third level with all downlines and re-invest the same €50 (N20,000) in all the three packages , closes the third level in the third week and makes €567 (N226,800).
Moves to the fourth level with all downlines and re-invest the same €100 (N40,000) in all the three packages, closes the fourth level in the fourth week and makes €1,134 (N453,600).
The total amount of money made by by this lady in one month, running three packages in Project 1-9-90 is €2,097.90 (N839,160) in a month.

In all the stages, you continue to earn different amounts to infinity, because every stage can be repeated over and over again. I mean; the the earning potential of this package is unlimited. You can view a table that summarises the start-up amount at the various stages and the commission earned at each stage up to stage ten in Project 1-9-90. Click Amount Earned in Project 1-9-90 to view the table in my other blog.

 

Announcement!

There is a FREE Seminar on Personal Finance Management and Project 1-9-90 Business Platform on Saturday 18 June 2016. The Venue for the Seminar is Data-Point ICT Institute, No. 4 Ayanboye Street, Near Faramobi Ajike Street, Near University of Benin Liaison Office, Anthony Village, Ikorodu Road, Lagos. The Time is 10 am. After this the seminar will continue to hold every Saturday but for a fee of N500 per participant. Only this maiden edition is free, all to take note. You can browse Project 1-9-90 information page for additional information. You can browse Project 1-9-90 information page for additional information or Call 08163358284.

How to Transfer Perfect Money Funds

How Do I Transfer Money in Perfect Money Account

Take the following steps to transfer funds from your Perfect Money (PM) account to another Perfect Money account, for instance transferring to an E-Currency Exchange partner who wants to buy your PM currency and pay you cash.

1. Login to your PM account with your User ID and Password
2. On the menu, click "Send Money"
3. Select the account from which you want to send the money, i.e. either your Euro account or USD account.
4. Select either "Single Payment" or "Payment to Email" depending on what you have agreed with the buyer or receiver of your e-Currency.
5. Another page will be opened where you can enter the amount you wish to transfer, enter the account number your are transferring to and enter description for the transaction.
6. The click "Payment Preview." This will open a new page for you to review the payment details and if there is nay mistake you can click "Edit" and make the necessary corrections.
7. If there are no corrections, there is no need to click Edit. You will just click "Send Money" and that's all.
8. NOTE that once you click Send Money, it is not reversible, so it is important that you carefully review the details before clicking on Send Money.

More details about the essence of Project 1-9-90 is available at Project 1-9-90 information and you will find more useful information on the business of Project 1-9-90.

 

Announcement!

There is a FREE Seminar on Personal Finance Management and Project 1-9-90 Business Platform on Saturday 18 June 2016. The Venue for the Seminar is Data-Point ICT Institute, No. 4 Ayanboye Street, Near Faramobi Ajike Street, Near University of Benin Liaison Office, Anthony Village, Ikorodu Road, Lagos. The Time is 10 am. After this the seminar will continue to hold every Saturday but for a fee of N500 per participant. Only this maiden edition is free, all to take note or Call 08163358284.

How To Receive Money From Project 1-9-90: Part 2

This is How You Receive Money From Project 1-9-90 Business Part 2

In my previous posts, I did explain the process of registration and activation of Project 1-9-90 account. In this post, I will explain the details of how to receive and withdraw money from Project 1-9-90. It is a continuation from my previous post on How to Receive Money in Project 1-9-90 Part 1. In case you are yet to register or activate your account, you can click Register in Project 1-9-90 Now to register your Project 1-9-90 account. If you want to read more on how to register, read my previous post on How to Register in Project 1-9-90. If you also want to read about how to activate your Project 1-9-90 account after registration, you can read my previous post on that here. Click How to Activate Project 1-9-90 Account.

After you have register and activate your account in Project 1-9-90 business, you are ready to go. And as soon as you register people under you, you earn money from Project 1-9-90 and your earnings are always credited to your Perfect Money (PM) Account, from which you will transfer to your local bank account. The process is very simple. If you have not read my previous post on how to open a PM account, you can read How to Open Perfect Money Account and grab the details on that.

The method of Withdrawing Funds from Perfect Money account being discussed here is Withdrawing Funds via Certified Exchange Partners. These Certified Exchange Partners deal on E-currency where E-currency is available for sale with Western Union, MoneyGram and Several Exchange Partners that provide instant E-currency to E-currency exchange or E-Currency to cash.

Beside Western Union and MoneyGram, the following are the contacts of some Nigerian Certified Money Exchnage partners with Perfect Money (PM):

• DEMINET SOLUTION, 10, Toyin Street, Ikeja, www.deminetsolution.biz, contactus@deminetsolution.biz, 08033017538, 08024030675.
• EXCHANGE INDEED, 48 Awolowo way, Ikeja, www.exchangeindeed.com, info@exchangeindeed.com, 08155197753, 08185476627.
• ZITC EXCHANGE, Warri, www.zitcexchange.com, 08066596073.
• AFRICASHINTER EXCHANGE, D1, MHM Memorial Plaza, 6ª Ahmadu Bello Way, Opp Leventis, Kaduna, www.africashinter.com, africashinter@yahoo.com, 08069299478, 08059696614, 08022311211.
• INSTANT GOLD, StraightHold Global Links Ltd 2nd Floor Susannah Adesanya House, S7/594 Orita Challenge (Beside Skye Bank), Ibadan, www.instantgold.ng, support@instantgold.ng, 08062069637, 08177524935, 07086335477.

STEPS to Withdraw money from Perfect monet account using E-Currency partners:

1. First contact the exchange partner by email or phone call to know their exchange rates or whether they trade in Euro or Dollar depending on the currency you want to sell.
2. Having agreed on these, you then have to transfer the amount you wish to sell from your PM account to the PM account of the buyer. Once the buyer the confirms the amount received, he/she will then pay the equivalent amount in local currency (naira in Nigeria) into your local bank account.
3. NOTE that since you were the one that initiated the sale request, you have to be the one to first transfer to the buyer. You do not have anything to fear, these exchange partners are trustworthy and are certified by Perfect Money. Dealing with them is based on trust.
4. You will need to use the "Send Money" menu on your Perfect Money account, once you login to your PM account, click "Send Money" on the menu bar and follow the steps through.
5. Read my next post on How to transfer money from Perfect Money account.

 

Announcement!

There is a FREE Seminar on Personal Finance Management and Project 1-9-90 Business Platform on Saturday 18 June 2016. The Venue for the Seminar is Data-Point ICT Institute, No. 4 Ayanboye Street, Near Faramobi Ajike Street, Near University of Benin Liaison Office, Anthony Village, Ikorodu Road, Lagos. The Time is 10 am. After this the seminar will continue to hold every Saturday but for a fee of N500 per participant. Only this maiden edition is free, all to take note. You can browse Project 1-9-90 information page for additional information or Call 08163358284

Money In Project 1-9-90 Higher Packages?

What about Project 1-9-90 Higher Packages?

Once you register and activate you account with any amount, the table shows details of how much money you can make in Project 1-9-90 within the first circle. Mind you, most people usually close project 1-9-90's first circle within one week of registration and the earning is simply awesome. See the table below:

Earnings within the First Circle of Joining Project 1-9-90

Levels of Investment	Amt to Reg with in (€)	Amt Reg with in (N)	Profits in Euro (€)	Profits in Naira (N)
1	€10	N4,000	€37.80	N15,120
2	€35	N14,000	€132.30	N52,920
3	€85	N34,000	€321.30	N128,529
4	€185	N74,000	€699.30	N279,720
5	€435	N174,000	€1,644.30	N657,720
6	€938	N375,200	€3,545.64	N1,418,256
7	€1,938	N775,200	€7,325.64	N2,930,256
8	€3,938	N1,575,200	€14,885.64	N5,954,256
9	€7,938	N3,175,200	€30,005.64	N12,002,256
10	€13,938	N5,575,200	€52,685.64	N21,9746,256

What this means is that as you start the business with any of the amount on that table above, you will make the amount on the Profits column. All you need to do is to first register, then invite 2 people to register under with the same amount with which you register and encourage them to do the same: i.e. they too should each invite 2 people to register under them. That's all. You will start to withdraw your earnings.

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Announcement!

There is a FREE Seminar on Personal Finance Management and Project 1-9-90 Business Platform on Saturday 18 June 2016. The Venue for the Seminar is Data-Point ICT Institute, No. 4 Ayanboye Street, Near Faramobi Ajike Street, Near University of Benin Liaison Office, Anthony Village, Ikorodu Road, Lagos. The Time is 10 am. After this the seminar will continue to hold every Saturday but for a fee of N500 per participant. Only this maiden edition is free, all to take note. You can browse Project 1-9-90 information page for additional information or Call 08163358284

Can Project 1-9-90 Make Me Money?

How Much Money can I make from Project 1-9-90?

The amount of money you can make from Project 1-9-90 is virtually unlimited and is determined by you. All you need do to start making the money is to first register with €10, €35, €85 or €185 and get two (2) other people to register under you with same amount each. That's all. You start to earn commission continuously.

The table below summarises the registration amount at the various stages and the commission earned at each stage up to stage 10, for a person who starts with €10 (N4,500) and runs only one account. Generally, people run several accounts at the same time, there is no restriction on the number of accounts you can have or the number of people you can register.

Now, assuming you register with only €10 (N4,500), once you close the first matrix which you can easily do within one week, the diagram below shows how your commission is calculate and how much you make your first money, which is €37.8, (N15,120)in one week. Then the table will will further show you how you will continue to make money to infinity. For additional information on all these, visit www.gsmmarket.info/1-9-90. To join Project 1-9-90 right now and start earning money, click www.1-9-90.com/ighedome. NOTE that if your browser is Internet Explorer, the page will be displayed in Russian. So use Mozilla Firefox of Chrome or Opera to access the website.

 

Project 1-9-90 Earning at Different Levels

Stages	Cost	Earnings	New Matrix Purchase	Profits in Euro (€)	Profits in Naira (N)
1	€10	€37.80	€25	€12.80	N5,120
2	€25	€94.50	€50	€44.50	N17,800
3	€50	€189	€100	€89	N35,600
4	€100	€378	€250	€128	N51,200
5	€250	€945	€500	€445	N178,800
6	€500	€1,890	€1,000	€890	N356,000
7	€1,000	€3,780	€2,000	€1,780	N712,000
8	€2,000	€7,560	€4,000	€3,560	N1,424,000
9	€4,000	€15,120	€6,000	€9,120	N3,648,000
10	€6,000	€22,680	€6,000	€16,680	N6,672,800

 

After level 10, you continue to repeat that level over and over to infinity, for someone who register only one package. In my next post, I will show you how you make even more money with several packages to infinity.

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Announcement!

There is a FREE Seminar on Personal Finance Management and Project 1-9-90 Business Platform on Saturday 18 June 2016. The Venue for the Seminar is Data-Point ICT Institute, No. 4 Ayanboye Street, Near Faramobi Ajike Street, Near University of Benin Liaison Office, Anthony Village, Ikorodu Road, Lagos. The Time is 10 am. After this the seminar will continue to hold every Saturday but for a fee of N500 per participant. Only this maiden edition is free, all to take note. You can browse Project 1-9-90 information page for additional information or Call 08163358284

How to Open Perfect Money Account

How Do I Open Perfect Money Account?

Take the following steps to open Perfect Money account to use in receiving money from your Project 1-9-90 business.

1. First click on www.perfectmoney.is to open your own account.
2. Click Signup. A form will be displayed for you to fill in your details.
3. Choose a Username for yourself, fill in your fullname, your email address, your residential address, select your country and fill in the country code "23401" for Nigeria.
4. NOTE that your email address must be correct and accessible because your Member ID will be sent to you though email and it is the ID you will always use to login to your account. Also ensure that your country code is entered correctly as 23401 for Nigeria, not just 234.
5. Choose your password that is hard for others to guess but easy for you to remember. It should include both letters and numbers.
6. Enter the Turing numbers in the box provided and select the Check box to indicate you agree with the terms and conditions.
7. Click Submit
8. Go and check your email to access your Member ID with which you can login to your account to access your account numbers and perform other transactions.
9. That's all the steps required to open a new Perfect Money (PM) account. Refer to my earlier post on how to add your perfect money account number to you Project 1-9-90 account.

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Announcement!

There is a FREE Seminar on Personal Finance Management and Project 1-9-90 Business Platform on Saturday 18 June 2016. The Venue for the Seminar is Data-Point ICT Institute, No. 4 Ayanboye Street, Near Faramobi Ajike Street, Near University of Benin Liaison Office, Anthony Village, Ikorodu Road, Lagos. The Time is 10 am. After this the seminar will continue to hold every Saturday but for a fee of N500 per participant. Only this maiden edition is free, all to take note.