Bitcoin Forum

I'm not sure if this should be under scam warning (which I couldn't find nor do I know if it's a scam or not but I would like to know) or securities (have no assessment of the volatility of this proposition.)

Today a link cropped up when I was browsing topics related to bitcoins and that, and this is a website that I came across:

http://gigacoiner.com/banners/1/728.gif
http://www.gigacoiner.com/gigacoiner=stryker0695

And I haven't sent any coinage to them but I opened an account for the referral link, just in case anyone who sees this post decides to invest or gamble, I'm not sure which, I can receive a referral payout.

From what I can gather about the site, they pay anywhere from 4% daily to 7% daily depending on the amount of mBTC that is deposited. There is a caveat present on the site that warns not to invest more BTC than you are willing to lose... There was another site recently that cropped up that gave a 1% per day return (what was the name again?) by exploiting the ask/bid spread on crypto exchanges. This one I believe engages in growth investment, investing in upstart businesses and that.

So... Has anyone had any experience with this site? Is this a good way to lose a lot of BTC? Also I noticed in the FAQ that you can open multiple accounts on one computer. Do you think I could use my own referral link and receive 10% of my own investment dividend thus receiving a total of 4.4%?

Hi, i found this on google http://www.badbitcoin.org/

Giga Coiner is like a Ponzi game. Hope i have help you :)

Thanks! To be 100% honest, I deposited .0125 BTC at GigaCoiner.... received back the expected .0005 so far but it will be interesting to see how long that goes on... Also, I thought for sure before I signed up I could "withdraw my funds at any time." There's certainly no option on the website to withdraw my coins... DERP

Thanks again for the great link - I'll keep this updated as to whether or not I see any more payments!

Don't expect anything back. Seriously, if there is something that sounds too good to be true, it probably is. Scammers are always focused on offering people something that sounds so good that they can't reject it, and they use this weakness against you.

i also put some btc on it but it seems they are offline  today so please stop sending btc to them

Anyone who can confirm that this site is legit? Am thinking of putting some coins in there.

sorry ,they are back online and doing well for me

Hi, I joined GigaCoiner May 27th.
I have been earnings 8.0 mBTC daily. on my Initial deposit of 200 mBTC
My earnings accrue at the same time each day and Withdrawals are INSTANT!
To date I have withdraw 48.00 mBTC.

I also noticed the admin added Live Chat support today.

If you like playing in Hyip's this might be for you. If you are a hater. Keep on Hating!

Hope this information was useful to someone.

Currently testing this site. I put in a small amount first.

I will update this when i reach the limit amount needed to withdraw.

-BTC

Invested and getting Interest, would withdraw after reaching 30 days and update you all. Till now seems a promising HYIP, apply the golden rule of HYIP and you'll be fine.

A little update:

I have been in this for 19 days now, and have nearly obtained a ROI. The referral links have definitely been helping, and I could quite possibly at this point invest more and obtain a ROI. I have obtained .0063 BTC as well for a referral deposit. This is actually a pretty good deal if you want to earn some extra money on your BTC! I am going to reinvest shortly.

I have been whit GigaCoiner for 22 day so far I deposed 116 mbtc and 1000mbtc and I got all my interest everyday, 8 more day to go I will let you know if everything gone good.

update: I was able to with draw the interest i have earned, so i guess the site is legit.

- if you want to help me out you can pm me for my referral link  ;)
-BTC

Giga Coiner continues to PAY.
Here's today's payment.
https://i.imgur.com/bLVa0X0.png

My 1st spend here expired the other day.
https://i.imgur.com/BELC3HP.png

And seems like the coins are still flowing.

Got PAID INSTANTLY Today
Hello Woody Balto.

Your payment in the amount of mBTC 12 has been sent.

Receiver wallet: 1MahZWEaDxcrXrPTV9BJet1FWZ4H4tN4ar

If you will have any additional questions please refer to the Support Service.

Yours sincerely
GigaCoiner Team

I've invested 0.6 BTC recieved back 0.72 as expected. But will not deposit anymore (definitely a ponzi)

Thanks for the link If I had this a month before I've saved 3 BTC :)

They changed their plans. Instead of giving 4%/day they now give 0.04%/hour or 0.96%/day.

The existing 4% plans are still in effect, but they no longer compound. Just a straight 4% of whatever the deposit is available for daily withdrawal or reinvestment.

Once my 4% plan is up in 21 days I will withdraw everything, just to be sure I can, and then decide where to go from there.

Looks like gigcoiner have gone the same way as Mydailycoin - yet another scam

So you can withdraw anymore?

if anyone has lost money on this site (if they have shutdown and run) and would like to be part of a class action against them message me.

They claim they lost their database, backup "seriously damaged", next update in 4 hours.

My old man got an email saying they are fucked and to send email, account name, all deposits and withdraws made and a bitcoin address so he can get his money back. I did not, yet. Awaiting results.

I just got my refund.

They sent me email from:

gigadrawback@yandex.com


I recommend you to contact with them.


 :)

Full refund, but without any of the earnings he should have.

I suppose that's how these scams work. Wait for a bunch of money, refund to the people who can be bothered asking for it back, keep the rest. Hope they get caught.

Edit: Scratch that, got some more incoming. He sent in 0.1, got back 0.204 total.

Got my deposit back, but no interest whatsoever. Gonna have to talk to them about that.

They wrote back saying they will give me "some interest". Let's see what that means.

Hi,
I joined in the day they opened and made my huge investment 20 mBTC at 3th of June. Today I got back 60 mBTC (it is truly in my BlockChain account). So, I must say this was an real investment.
Please, remember do you claims, instead of mumbling.

Regards,

Mark

hi 
     still no refund   just email saying be patient

will post a soon as i get my refund

never had any problems with them and always got my earnings deposit

will see if i get my refund

michael

Got my money back plus some extra. More details when I am slightly less buzzed.

Okay, over and done with. Here is what happened.

First I reclaimed my dads account. He invested 0.1 btc and got a total of 0.204 back. More than 100% profit in other words.

Then I reclaimed mine. I sent in 0.35 which they sent back fairly quickly, and a while later they sent 0.15. This was obviously not good enough, given that they kept my money longer than my old mans. After quite a few more mails and some confusion on their part they eventually sent me the rest for a total of 0.76355.

This took way more effort than it should have. They are still scammers, but fortunately they are incompetent and apparently easily frightened scammers. Just be insistent and they will eventually pay out.

i received yesterday 1/3 of my initial deposit 
no deposit today
will see tomorrow
they send me an email saying they have a lot of emails and to be patient

i think theÿ will refund everyone but it will take time
hope i am right
they seem just really busy

if i get more than my initial deposit as some folk well i will be happy and wont say that it is a scam

michael

still no deposit today for me , received 1/3 of my inital deposit 3 days ago and nothing since then,

still waiting

Michael

Hi Michael,
with me they contacted instantly and sen my deposit immediately x3 back as told earlier. Have you tried address gigadrawback@yandex.com? It worked best. Good luck.

Regards,

Marko

I only got my interest back, which was only a bit more than my principal after a month. The deposited amount was made zero after 30 days.

Thanks Marko for your advise, I sent them an email at your address and another one at support@gigacoiner.com and no reply from them nothing, no refund no reply

Hope they are really busy and that my turn wil come to get my refund

Is there anyone who did not received there refund yet??

Or is there anyone who received an email from them inthe past 3 days??

They always responded to my emails in the past and they seems good people

will see

Michael

I too email them to both email address

gigadrawback@yandex.com
support@gigacoiner.com

its been 3 days no reply yet???  :'(

I am kind of loosing hope...

still no refund and now even worst the domain do not exist anymore and my emails are undeliverable

lets hope they will contact me and refund

they contacted me last week and theÿ seem to continu refunding people

will see in a couple of days


michael

BTCBTCBTCBTCBTCBTCBTCBTC SCAM WEBSITE BTCBTCBTCBTCBTCBTCBTCBTC

anyone heard about this website

they say they can recover our bitcoin lost

www.HyipFundRecover.com

maybe there are also another scam lolll


still no refeund and they do not answer at all anymore

Michael