Bitcoin Forum

What's your opinion? Have you tried it?

https://ore-mine.org/

That's a horrible website. Every time I'm interested in a service I search this forum for feedback.

Look what section the main thread is in - https://bitcointalk.org/index.php?topic=759702.0

'investor based games' = ponzi. They claim to be legit but so does everyone.

Hm.. I think so...

looks fishy
no ssl, website is sh*t and there is fake chatbox on the homepage
stay away from such sites

And there is no advertisement banner or something like that...

Believe me you will never reach the amount to withdraw here, unless you invest.. but you better not.. you know what I mean... ;)

seriously? look trusted for me, their running signature campaign and pay well, and like online over 2 years without scam member yet ;)
actually i invested already some there, but not much actually, 0.01 and level 2 max.
i wanna say its feel like kinda waste a time there, i agree with you that will never reach amount to withdraw actually. ;D
and im a gambler.. always wanna try that jackpot land.  :-\ but lose every bits.
for me i think is legit, not sure if ponzi. its just kinda waste of time for me, but alot happy investor in there i see.

Look big time fishy. Money does not fall down from the sky. I would pass on this one.

Yes it's a legit one and I've been with them for around 3 to 4 months although your really won't make anything (at all) if you don't invest on their site...couple of times there were some problems regarding delay payments and they solved it less than a day


There is no advertisement due to the fact that they no longer needing it.. on the earlier days they use to have some banners but nowadays they use their own signature campaign here on the forum which helps drive traffic and some earnings to their website....

Note: Just because a website is ugly, it doesn't mean it's not a legit one

Monthly interest rate is 2.32%

mmm
we are sure that all is ok?
At this rate you can make more than 25 % at year, it seems a really STRONG interest....
I know to get more visitors they need a good interest rate, but this it seems really high!!!

for a normal user withdraw is impossible...
check this :D

Withdrawal fee is 0.0005 BTC  :D :D

On the other hand, you cant upgrade your mines anymore. Ponzi would never do that. However, I still hold on to my mantra, NO transparency, NO investment.

I have to put in my two cents.  I am a user of Ore-Mine.  I have had my account upgraded for over 2 months now and I have never had any issues with them at all.  Even when they temporarily closed upgrades, they are still paying out on a regular basis.

They say that they make part of their revenues off advertisements, but there is no actual advertisement so it's fishy as hell.

It's a ponzi with long lifetime. 8)

I think it's just another Ponzi and I would advice anyone against investing anything in it. You have to ask yourself from where are they paying the visitors the interest? It's working as long as others are investing in it but it won't work forever. Also, this is why it in the Investor-based games section. But I think most people investing in it know what it is but they still continue to invest in Ponzis, the proof of that is that section is flourishing with new websites everyday.

Yesterday the site was down. Now it is online...

By the way, compound interest is the most dangerous thing in the world. If you are patient enough you can earn more.

Sure if site doesn't down... :)

Has anyone contacted them asking about their "farms"? I d really like to hear what excuse will they come up with.

i used their signature campaign for a while. they always paid me, but the service itself looks suspicious. would not trust it.

just like any other past scam investment company, first they claim got hacked.
then the website goes offline, notification to all user that they'll be back and finally the website suspended. customers screaming scam here.
so far ore mine is legit but very not recommended to invest there.

I have been on their site for quite a while and tested it with a small amount and yes it will take a long long time to get roi but they seem to be around still so legit or not legit they have not up and left like many other known ponzis.

It takes 4 months to reach ROI there, and lots of people have invested lots of money there. Payments are made on time, and have been for over a year now. But make up your own mind, there is an official thread in the investor games section.

All these ponzi schemes do not have any business model to bring in profits but they just collect money from one person and pass some of those coins to others. But this site bit differently opened signature campaign to attract more investments from this forum. I think now they may be having sufficient investments and looks like going to close soon because last few days site is down and up. This is the signal for closing any ponzi site.

I disagree with this comment.  In my opinion, ore-mine is not a ponzi at all.  The site has been going strong for over a year now.  The owner seems to be growing at a small rate and not taking ti to the moon like real ponzi schemes.  When there is an issue, the owner is there to be found and talk with you, they do not leave you in the dark wondering.  All sites have issues.  You just have to work through them. 

Go ask him about mining proof and you ll see what you re gonna get back from him. Nothing, BS.

It is difficult to say. Most sites from "Investors-based games" section works on Ponzi scheme base and is collapsing after few days - few weeks. OreMine is there around one year. They provide signature campaign here in Bitcointalk. They claim that source of their income is not coming from deposits. Even in last days they block possibility of investing (upgrading/buying mines).. Yesterday they bring this option back.

There is no evidence that they are Ponzi but there is no evidence that it is legit.

Like with all other high risk investitions my advice is to "play" with big caution.

I think he run Ponzi scheme
some month ago i have try it with free account "for wasting my time"

my opinion if ore-mine is 100% ponzi game like goldenchase,goldencows etc

ore-mine has been active for more than a year ago, has many members who join, many good reviews after their withdrawal, may still legit, but not recommended.

Bitcoin still is an experiment, so all services associated to Bitcoin are risky. That's how much and how quickly can change situation we see in charts with Bitcoin price.

Yes some of these kind of sites will survive couple of years but at the end surly they will close when they get sufficient money from investors.

ore-mine is running a lot of social media promotions at the moment. I guess they're running out of "investors" which mean they're running out of money.

it's probably a ponzi

They will surely close down this site very soon. Don't put any new investments on this site

Since we can't see the 'real hardware' it probably ponzi. But their service has been running good for at least one year (cmiiw).

Also their signature campaign is running well. Although it had closed now.

Hi

This is a classic ponzi scheme, it is a typical pyramid scheme and will collapse soon.

Thanks

right it
i agree with you :)
he cant give any proof about his service, if he run cloud mining he must give proof of hardware or network
and he can't give detail what he did to the money invested

well if there is no evidence of any type of business...
free members are not allowed to get anything (50k satoshi every withdraw :) ) ...

It's hard to defend it...

Sector explained a little about their income:

"Ore-mine is making income from trading bot, land game, ads and hardware mining. I want to pay your attention that hardware mining rent ROI is about 2.9 years, that's why it's only a little part of our income structure."

You can read more here:

https://bitcointalk.org/index.php?topic=759702.msg12246334#msg12246334

Well said. These guys will never learn lesson from the past experience. They only worried about the current situation but once site close then he will be first one to post on this forum saying that this site scammed him so many coins.

He may be answering every one as of now to gain trust from investors because he may be planning for bigger level scam so that no need to come up with another scam site in furture ;)
 

Yes you will disagree with the facts because as of now you're attracted for easy interest what he is paying and you may be already in profits but think of new inventors who has invested and all of them will going to lose their money once site stop close down. Because these ponzi sites do not have any working method just taking money from you and giving some of it to others so don't trust them at any cost.

The fact that they were launched on the investor based games section (a.k.a ponzi section :D ) made them look like a ponzi. But they don't give much high returns compared to typical ponzis. Anyways still looks like a ponzi to me, its quite impressive they manage to work and pay for over a year. Still avoid it, you're probably late ::)

not-so-high returns make them live longer probably. maybe it's a hybrid ponzi (with some real, but not enough income)

Well, if it's a ponzi, they do great job, they've been online for more than 1 year and I don't see any complains in the forum.
It could be just another smart masked ponzi, ran by a evil mastermind who can do math.

Just in case, watch out where you invest your money. A lot of people lose their money on ponzi schemes every day, so I wouldn't be surprised if this one went "poof" in the future.

I register then maybe month ago, and I thought couple of times to invest something there but I have some bed expirience with this investor-based games in the past and I didn`t. Well after a month there on free I gathered funny amount of 6500 satoshis, I aks my self why I`m even going but I check it from time to time cause he give 17 satoshis for 8 hours. Even if with investment to level 3 I think with 200 000 satoshi they will give 320 for 8 hours its to small I think. I will think about will I invest there, probably I will check it from time in next months and i will decide then.

Reason why we conclude that ore-mine.org is ponzi is because they are not transparent enough to tell possible investors on what they really do to the BTC's invested to site so it can earn. They don't even wan't to tell us their hot/cold wallet.

I also think so, HYIPs/ponzis tend to live longer if they have that not so much high returns based on experience. Probably they also generate some profit with ads and fees but they definitely gain more profit from new investors :D

A ponzi can survive for a lot of time! 1 year is nothing, if you see for example another old ponzi site like bux.to ...

Actually they didn't accept other deposit, it could be a good sign, but the interest rate it's to high! (more 20% yearly!!!)

I hope OP sen't a PM to the site representative which is Sector so he can also give his side of the story and defend ore-mine.org
The BTC deposits in the site that makes interest is really something to think about, where are they getting the 2.++% to pay the investors.

I just want to drop my two cents in real quick. I've been using Ore-Mine for ages now and never had a problem with them I've invested a whopping 0.003 BTC into them and have withdrawn quite a bit. Proof - http://prntscr.com/95x84k

Income from referrals alone is 0.59110711, this isn't including what I've earned myself.

There is the age old saying of don't invest more than you are willing to lose. This proves well for any website no matter what they do or offer.

In regards to their income, they have mentioned on this forum a couple times how they get their income.

I'm sure that they have quite big profit from their game - "Lands". Always when i play there, i'm losing.  :( Better don't try.. ;)

allright it's a ponzi
but they give very little profit so they will live long...

How you count this? If you talk about monthly interest rate - 2,32% - it is not so small. And interest rate from minings is much higher!

That's why everyone is afraid that the end may be close ..

i agree you, it's not small normally
but it'small for a regular ponzi..

They were already running for a long time now (over a year). Really impressive for a ponzi to live that long. I guess it will be too late to invest on that ponzi, I doubt this will live longer.


He's talking about the common interests on ponzis, and 2.32% interest a month was very low. In most ponzis, that can be already a daily rate. :D

Yes they will give litter profits until they make enough money after that just close the site. This is very well know strategy in ponzi schemes.

Site is not professionally designed  and this shows that he is not serious in his business just want the investors money and and one fine day he will surly close and come up with another ponzi scheme.

I'm about 95% sure that it will come out as a scam in the near future..

No way in hell the site has had 1600 BTC run through it... No one in their right mind would actually invest in a site that looks like it was made in 95 and is littered with advertisements..

If it seems to good to be true it likely is. And in the case of ore-mine.org it's likely to good and a scam.. The whole site is designed to take in money and pay it out slowly.. if at all.

They've been around for more than 1 year if I'm not wrong.
I find it possible that they've paid 1.6k BTC (Or users awaiting to get paid)

Believe it or not, people invest in such things. You're a gambler, you should know better.


https://i.imgur.com/gehBD2Q.png

If this malakia is supporting it.. you can be rest assured it is a scam..

https://twitter.com/KeyserSozeMC/with_replies

I've made a script to notify me, whenever my nickname is mentioned in here.

Hey girl! Long time.

Lets see if I can trip it again.. ::)

https://twitter.com/stavros

Dude, delete that twitter link asap. It's not me.

btw,
Check my previous post, I'm selling this account ;(