Bitcoin Forum

We have been up and running for a week now, and I am quite pleased with how things have been going. I'm sure those forum members who have signed up can also express their satisfaction. I just wanted to remind everyone that we are here! Members have been earning .62%-.85% daily, and have been receiving daily profit reports! If you use promo code: MATCH, we will match your first deposit up to .05 BTC. For example, deposit .02 BTC, your account will be credited with .04 BTC. This is a limited time promotion. Some new developments: We have our company email set up, and the website has been reworked. The link:  http://www.bitcoinmutualfund.us/ (http://www.bitcoinmutualfund.us/)
I am more than willing to answer questions/comments below.

Thanks!
Caleb

Wow, 18%-25% monthly! Another Highly likely HYIP or Ponzi in the making. Nothing in the world can guarantee those returns

Nope, not an HYIP or Ponzi. I encourage you to try it free. Use promo code TWTR and get .005 free account value right off the bat. No deposit needed.

Thanks
Caleb

still need to send some bitcoin to the address there ,which means it is not pure free ::)

Deposit .04btc to get .005btc seems a fair deal to me :(

i can see your site as HYIP/PONZI so you can move it to Investor Based Section i think :P

You don't have to invest anything if you use the promo code. You can try it free

After I use your promo code then I got the below message. What next? Do i need to deposit funds to try? or I can wait to get profit from this promo price?

Thanks! The last step is to send your investment to this address: 17zU6u9h4DpMKbpwJbrDczN2oibbaygP9G You will receive daily updates on your profit. To withdraw, reply to that email with your request.

It would be nice to see some automated deposit/withdrawal system in the future which would look more professional.
However, IMHO, transparency s the primary issue you should deal with on the website. People are not keen on investing into something without VERIFIABLE person behind it.

I registered with a promo code to try this service :) Lets see how it goes..

Surprisingly, I get the same address, which probably means its a scam as he wants us to send the amount to him. The 0.005 is not free.


All those claiming to are his alts.

Investment companies in the U.S. need to register with the SEC Mr. Lombardo....

how many days to get .005 with a .04 deposit???
if i undestand well.. it is an 8% reward?
8% / week could be right

Yes, you can earn profit with the promo amount. The daily profit is .62% - .85% depending on your investment level.

YES, It is a HYIP/Ponzi site.Even a 5 year old kid can see it's a HYIP/Ponzi scam...

hum..
i remeber something similar..

http://btc-flow.com/index

if i remeber well..

https://i.imgur.com/QMmfXiT.jpg

PONZI 100%

yes, thats why it makes it a combination of HYIP and ponzi..

At least he specified his real name and address for domain registration (http://whois.domaintools.com/bitcoinmutualfund.us) so you know how to find him (https://www.facebook.com/caleb.lombardo.3?fref=ts).

Automated payments will be set up by the end of the day.


Thanks

So you will send payments to bitcoins directly or every time we need to send email to you?

Why can't you implement deposit and withdraw options in your site itself? any reason for that?

It s fun to see these improvements. As far as I can see, he plans to use money of his clients to invest into other already existing services, BTCjam, cloud, etc. This is fine for people who have no time to play with this by themselves. Another suggestion, it would be nice to have some kind of emergency fund or insurance set up. So if things go south on some of your investments, your clients know you can cover the loss.

The most dangerous investments on BTCJam will get you ~90% APR - now look at what he's offering:

I decided to check it out with the free btc offer,

so I am subscribed to his newsletter...

A part of an email talking about one of his investments:

"EMI Coin has been one of my most profitable endeavors. They are network designers and miners who have done well for themselves. There are four levels of investment; I have not yet breached the first level. (1.76% profit) An investment made on their site is basically an investment in their mining operation, but that's not to say it is necessarily a mining contract. You can read more about them and even invest in them yourself, but by pooling our funds, we can reach about a 4% daily profit on our investment if we are able to reach the fourth level of investment. I have trusted this website with large amounts of BTC in the past, and I have had absolutely no problems with them. I am very pleased with my success there."

He thinks this is an actual mining site and not an HYIP...  ::)

Investing with him is the same as investing in a ponzi...

now that I am ''invested'' with a promo code :) how do I get my dust withdraw? will they be sent automatically?

I think you need to wait for a week at least and they request manual withdrawal. Automatic system s not yet in place.

Now a days didn't receive any emails on our investment profits. Is it going to close now?

May i know how much did you invest in their good to be true service?

Yap, it s going to close. I received an email about owner closing down the fund due to lack of interest from potential investors. He does plan to pay accumulated profits for people who joined his test campaign. I do not think anyone invested at this point, we were using his free giveaway program to test the service.