Bitcoin Forum

Hi guys, as we know there are many free bitcoin sites or faucets or btc investment sites. Have you encountered some sites? Did you invest?

One is bitcoin miners. once you reach your desired mined btc or satoshis you can withdraw anytime but first you need to upgrade. I upgraded mine, and to my surprise I earned lower than what I upgraded! but they processed right away my withdrawal but I lost 200k satoshis lol   :o

but there's another way..; you must wait 30 days or 25 days for your withdrawal to be processed. I didn't tried it since I think it's kinda too long to wait.

You might be telling about bitminer.io, right?
LoL, these are all fake website which offer you mining, investments, etc

Im invest too in some scammer website like bitwealth.net when im starting Bitcoin.
In their first week they returned my investment with interest but in the second week they didn't return my investment for second week.

When I was new to Bitcoin, I remember investing in a Bitcoin dice website. The website, however, shut down without notice some months later, not allowing me to withdraw my funds. Fortunately, it wasn't any large amounts, and I learned a valuable lesson to be careful with whom I trust.

Well, I was like that too when I was newbie on Bitcoin's world with Investing my money to some HYIP site and got scammed by my stupidity (20%/day forever that wasn't true). But hey thanks to my experience and I have learned something useful

i just putted a BTC address in bitminer.XXXXX since then there is a counter that shows how my BTC i have mined. this is just ridiculous and anybody who pays them something will just lose money. websites like this just cant work. there is nothing like free lunch / BTC.


haha

Bitminer.io is one of the most obvious scam sites around.  It's ridiculous how many posts I've seen about it now, genuinely several on Bitcointalk about this same completely blatant scam service.  Not only do they selectively not pay most people, they don't even look like they know how to create a website and they don't understand what distinguishes cloud mining from a mining pool.

It is without a doubt the most dangerous one the bitminer.io website. I wonder how it can be still online and people still being cheated by it after so many warnings.

Here below is why you should not trust them ,taken from their website

" BitMiner is an industry leading Bitcoin mining pool. All of the mining power is backed up by physical miners. Mining with the latest algorithms allows to make as much Bitcoin as possible. We aim to provide you with the easiest possible way to make money without having to do any of the hard stuff.

 With data centers around the globe, we aim to keep bills down and mining power high, meaning you can make more in a shorter amount of time than what it would take to mine from your home for instance. Our data centers are located in Europe, USA and China with dedicated Up-Links and 99% uptime! "

Any website which says it has data centers around the world but it doesn't show you the mining pool, miners and hardware mining it is not to be trusted. Any website which resembles this surely is a scam.

What you sre talking about sounds like a scam. The konf of scam is called a ponzi. Rather take your money and invest it into a casino for a long term investment plan. Yolodice offer investments starting as little as 0.005btc. You can see their profits and losses on the home page to their website. Have a visit and see for yourself. There is also a faucet for if you are bored. Withdraws are quick (within minutes) you can also save on transaction fees by opting into a group withdraw where withdraws for many people are made at once. Eben using the group withdraw only takes about 3 hours. Have fun !

No, I don't invest in any cloud mining ponzis anymore. It's risky and not worth. I also don't want feed scammers.
Now it's very popular to give free mining power. But if you want to withdraw earnings, firstly you have to invest. This scheme is copied from HashOcean - most famous cloud mining ponzi which turned into scam in 2016.
But these mining sites don't give any real proofs of mining and it's the main reason why we have to avoid these sites.

We have to do is stay away from websites that provide an easy way to get Bitcoin, to me how a website can provide Bitcoin quickly without doing anything while a miner need to buy expensive equipment to get Bitcoin and hard to get the Bitcoin, work to earn bitcoin could buy it and make trades.

This sounds stupid, but yea, i ever encountered with scam faucet site when i was still new in bitcoin/cryptocurency world. I ever met with a faucet site (I forgot the name) which can generate 0.01 btc on each claim,(lol), i thought it was true, but when i tried to withdraw, it always says "pending".
Wait for 25-30 days for a withdrawal is really stupid thing, you won't get the money and don't ever believe that.

Simply said, there's no free money. :/ Even on the first thought on "why would he pay me 0.01btc for a few days of me doing absolutely nothing"... not even ad revenue on that website can cover that. So in all, stay away from those "free bitcoin" websites because all of them are scam. you can't profit in you don't invest.

There is a higher percentage that all these investment sites that are currently existing are all scams. Simply learn that if it promises you easy money then it is most likely a scam, ie a ponzi in disguise. Money should be earn and doing it requires work. You don't get rich by just waiting for "profit".

There is no legit site at a moment and each and every site will scam you at some point of time so its better not to visit those sites or put any money into it as your outcome will be almost zero if you are investing in it and hoping to double your coins in quick time.

If there are free bitcoin sites you can grab the opportunity but do not invest and put some bitcoins into it. Many have been tempted to deposit in the hope of getting more bitcoins as stated in their balance but in the end even their deposit end up to nothing. So instead of wasting your time into it why not try collecting satoshis from faucets though they give a small amount of satoshi but they are really giving it away.

there are a lot of such sites who dont pay, set a high withdraw limit and sometimes asks to upgrade before you can make take payment. The numbers of such sites are increasing on daily basis and whats more bad is people keep investing in them and keep losing.  :o

Anybody who has been here long enough will know that not everything you see on the internet is true and infact most of those things are scam. Also, you will also note that there is no free btc anywhere whatsoever that even on this forum, no matter how small the amount, you still have to earn it without any reservation and if you get a site that promises free btc, I tell you they are only interested in getting that little you have and nothing else is coming to you.

Tia is nothing new, we wake up to hear all sorts of scans on the Internet but (HYIP ponzi's, cloud mining, too good to be true investment opportunities etc.) yet people still get victimized by these scambags due to negligence or greed. I can list all their websites here but if you don't change your attitude they will create a new website and still scam you, so no need for a list.

Some HYIP and Ponzi sites pays early investor first then closed their service to steal investor's money that's a common method to scam people but like you said there are dumb peoples who still investing their money to get more profit.

Looks like you are talking about a cloud mining site. Well, I suggest you to read through topics on this forum and you'll see that almost eveyone is saying that cloud mining sites are scammers. Every time they invent new wiles to attract customers or rather new potential victims of their scam. Just withdraw as much as you can and never go for it again.

This kind of things, you should stop joining them specially when you don't even know what you are entering.
Scammers are spreading out all over the internet because they can get away with it without leaking out any of their information and you are a victim of it.
Don't try it anymore, or if you do be sure that you know someone in it or you have actually seen the person working there in personal which could give you insurance that it is real.

Hopefully you not invest big money on them, it's clear they are scam site. no reason for they can hold your withdraw as long as like they said and you must forget about your withdraw because im sure they will not processed your request.

Actually those sites are scam. Remember, nothing in this world is free. All you have to do is to give your hard work, patience and knowledge to gain success. So, don't think to get something free. Do not try to enter that type of site when you don't have any idea about that site.

I had also invested when i was a newbie without understanding like yours. Then, after doing mistakes i took many learning from it. So, be alert as well as careful about these type of scam sites.