Bitcoin Forum

Hello Everyone,

Today I would like to introduce you to an incredible new passive bitcoin opportunity called BitClub Network.

http://BitClubNetworks.com

http://bitclubnetwork.com/images/bitclubnetwork2.png

BitClub Network is the first fully sustainable passive income bitcoin opportunity.

You can view a short 5-minute video on how BitClub will operate here:

https://www.youtube.com/watch?v=kpy3qetI3bc

The cost to join BitClub is $99 for a lifetime membership.

Members can then purchase shares in our mining pools for $500; $1,000; and $2,000 per share respectively.

Each share will pay daily commissions for 1,000 days.

The only accepted method of payment for mining shares is bitcoin.

Prepare for the greatest passive bitcoin opportunity of our time.

For more information, please watch this 2 hour and 20 minute complete
overview webinar:

http://BitclubNetworkWebinar.com

Signups are LIVE now at:

http://BitClubNetworks.com

This sounds like a legit deal to me because the bitcoin mining can keep it going. But first, I'd like to know if there’s any actual mining going on. Which pool are you on? What hardware do you use? How many pooled THs do you have?

Hello,

I can assure that that the mining operations are legitimate.  As far as pools, BitClub will primarily be mining altcoins and instantly selling them for bitcoin, so we are not actually mining bitcoin most of the time.  The hardware for the farms consist of ASIC miners.  More information will be made available on the website some time after the Founder launch.

BitClub Network is now open for registration!

Okay, I'm into cloud hashing because electricity in my country so
freaking expensive and internet connection not reliable  :-\

Took the plunge here & joined BCN with the $99 member fee & a $500
mining contract. Good friend of mine did the same.

Will add BCN to my cloud hashing projects and of course monitor
& work it daily.

Founders Pre-Launch Update
Date: September 22nd

Attention All BitClub Members,

This is our first corporate update!

We wanted to welcome you to BitClub Network and give you an update on what you can expect as we prepare for launch. You will see many updates on this page over the next few days and weeks keeping you informed so make sure you check back here often and spread the word to your team.

Updates include:

Quick Intro/Overview
Binary Placements on Wednesday (Be Ready)
All Commissions Paid on Friday
Mining Pools go LIVE October 6th

Quick Intro/Overview of BitClub Network...

So far the response has been MUCH bigger than we expected during this initial pre-launch phase. Our team has been working around the clock to ensure we are ready to launch and we really appreciate your patience during this time!

One of the key features of Bitcoin is the private and anonymous nature of it. It works without knowing who you are or where you live so that nobody can be discriminated against. It also requires zero trust from either party because everything is made public and verified across the entire network. Since there is no centralized location for these records nobody has the power to control or manipulate it.

Whereas a bank for example you have to "trust" them to keep your money safe and hope they provide an accurate ledger for your account. The bank can do whatever they want because they have full control over your account and they can see everything you spend money on. But with Bitcoin and other digital currencies nobody controls or regulates the accounts and all the details are kept private, secure and anonymous.

Because of these principles we don't need to know "who" you are, and we will never ask for any of your personal details. Likewise, the team behind BitClub Network will remain anonymous too. There is no benefit in sharing any personal details because it will only create security risks and unwanted attention that could ultimately lead to attacks by hackers, regulators, or other organizations. So we are staying anonymous to protect this business model for everyone.

This concept may be hard to understand, but rest assured BitClub will be fully transparent with all business transactions and dealings. We won't ask you to "trust" us or take our word for anything. Instead we will provide full details so you can verify our mining pools, stats, and everything else we are doing. All stats and resources will be made available after launch and we will continue to keep you informed with the facts.

Binary Placements...

Starting on Wednesday September 24th at 7:00pm GMT the Binary will go live and everyone will start being placed.

Since this is the first time we are placing the Binary tree we require EVERYONE to place their own personally sponsored members. You will have full control over who you place and where they fall under you. Everyone will be sitting in a holding tank until they are placed into the binary tree, once a member is placed they can immediately begin placing all of their personally sponsored members immediately.

How to do a Binary placement?

Once your position is placed in the tree, go to Binary Tree View and you will see all available positions under you. You simply click on the next available empty space and select any member from your personal enrollment tree to place in this spot. Confirm you want to place this member and hit submit.

Commissions Paid Friday...

After the Binary is live you will have 48 hours to empty your holding tank and place all members. After this 48 hour period ends (Friday 7:00pm GMT) the system will calculate all commissions and show them available in your wallet.

We are currently working on the Level-up Team Bonuses and will have updates posted before the Friday cut-off so you can maximize your team and set yourself up to get paid.

How do you get paid? All commissions are paid in Bitcoin and will be made available in your BTC Wallet to withdrawal. All you have to do is request the withdrawal to your Bitcoin Address account and it will be paid automatically.

Due to the speed and velocity of Bitcoin we will be able to pay commissions in near real time (stay tuned for updates)

Mining Pools Launch October 6th...

The final piece to launch is our three Mining Pools that will pay back daily profits to all shares outstanding. Each pool will be live and payments will begin on October 6th based on the total shares and payout structure of the pool.

To start off we have 40 Terra Hash (TH's) of scrypt equipment available for each mining pool. After the launch you will see each pool growing independently based on the amount of shares purchased and the time frame to add new equipment.

You will be able to verify our mining operation very easily in the public BlockChain where all transactions are kept. We will also provide tools and stats on the various coins we are mining and share the results of each mine on a daily basis.

Stay tuned for more updates and make sure you are ready to go on Wednesday!

Sincerely,
-BitClub Network Support

The official BitClub Network powerpoint presentation is now available!

Introducing the official BitClub Network Powerpoint presentation: http://bitclubnetwork.com/ppt/bitclub.pptx

BitClub Network mining pool earnings are LIVE! Enjoy your daily bitcoin!

We are pleased to announce that BitClub has just completed its first month of flawless daily payouts!

+1  ;) BTC

Register for the official BitClub Network webinars,
taking place on 12/4, 12/5, and 12/26 at 9PM EST:

https://attendee.gotowebinar.com/register/623775299016962049

Enjoy the most recent recorded BitClub Network webinar:

https://www.youtube.com/watch?v=kp9_spd9oMQ

Hey Bitclubers, make sure to attend our LIVE BitClub Network
webinar taking place tonight at 8PM EST:

https://attendee.gotowebinar.com/register/623775299016962049

Working process of the service is not clear to me. Is it a group buy ? Then I might be interested.

Hi Warren, I invite you to attend the live BitClub Network webinar tonight or to watch a past
recorded webinar found via the links above. 

I'm watching indeed. But it seems like a cloud mining, rather than a group buy. Am I correct ?

In essence, it is both.  All new purchases go towards purchasing new hardware.  This is why
BitClub sells shares, as opposed to fixed hash power.  In reality, your hash power continues
to increase over time at no additional cost to the end user.  Each day, a portion of all
earnings is used towards purchasing additional hardware.  Therefore, the company has an
ever expanding amount of hardware and overall hash power.  In this sense, the company
can be seen as a "group buy". 

ponzi warning. beware.

lol, says the guy with a negative trust rating for being a Ponzi promoter!

Are you mad that a legitimate business taking away from your Ponzi promoting?

your scam is outrageous . well done . well done.

http://s21.postimg.org/rryxkarxj/im0rtel.png

Enough said...

i have more untrusted  rating than that . you could show it all not just cut screens . there is no such thing as trusted rating on my account . however this is besides the point .

what matters is that you are just a silly ponzi and you know it .

i know people who already got burned for 20 000 usd with this ponzi.

hmmm, you are a known Ponzi promoter, and yet you are denouncing
the BitClub opportunity as a Ponzi.

If BitClub were Ponzi, it would appear you would be promoting it
instead of speaking against it.

So the question is...why would a known Ponzi pimp speak out about
an opportunity and claim it is a Ponzi?

My best guess is because the opportunity is NOT a Ponzi and it is
hurting said member by taking business away from his ponzis.

Allright , from now on im going to promote your ponzi .

Adding your ponzi to my sig so you can pay me for it .

Please send the coins here : 1CCncykT2otivFA3zHcndPYriZ3CUNApRJ

Funny how you find things, isn't it? Just wondering what crap im0rtel was shilling, ended up here.
Look what I found:

BitClub Network is an offshore scheme seeking to fleece investors under the guise of “let us explain Bitcoin mining to you”, with the mining itself (if any actually exists) having little to nothing to do with the flow of funds within the scheme.

Whilst the owner(s) of BitClub Network are for now are sticking to the shadows, there’s evidence that factions of the Zeek Rewards Ponzi scheme might be behind it.

Under the YouTube account “BitClub Network Pro”, old hand T. LeMont Silver is marketing himself as the “top leader” in the scheme.


http://behindmlm.com/companies/bitclub-network-review-zeek-ponzi-veterans-at-it-again/

Don't believe everything you read on the internet.

Crypto enthusiasts may not be aware, but networkers
certainly know not to believe what you read on BehindMLM.
The author and his cronies spend their time making up
headlines and bashing MLM opportunities to drive traffic
and advertising revenue to their website.  Go ahead and
peruse over their past several years of reviews, and you'll
quickly see they never met a networking opportunity that
they've agreed with.  Their entire site is filled with baseless
statements and wild accusations.

Don't forget to signup for the new BitClub Network LIVE webinars starting TONIGHT at 9PM EST:
www.bitclublivewebinar.com

Tue, Feb 3, 2015 9:00 PM - 10:00 PM EST
Thu, Feb 5, 2015 9:00 PM - 10:00 PM EST
Mon, Feb 9, 2015 9:00 PM - 10:00 PM EST
Thu, Feb 12, 2015 9:00 PM - 10:00 PM EST
Sun, Mar 1, 2015 9:00 PM - 10:00 PM EST

For any naysayers saying the BitClub mining operation is not real,
please view this short video clip from our actual mining facility:
https://www.youtube.com/watch?v=W7_ggx0Y6-w

You will also start seeing our pool name show up on the blockchain
very shortly as we continue to brand and add more hashing power
each week.

That might actually be a farm! Why don't you post some actual mining addresses?

you have been scamming since august last year and yet you still cant provide a valid mining adress . and yet you cant provide a name for your pool or tell us where you mine .
is that all your farm is ? because if thats all id start worrying if i was a investor.
also if this is your high and mighty evidence why did you set the clip as private . shouldnt evidence be a public thing that can be easly reached by everyone ? why are you hiding it ?

BitClub Network now has more than 1% of the ENTIRE Bitcoin mining power in existence. This means we have enough power to solo-mine to our own pool node and it means we will be officially recognized on blockchain. It's always been a goal to hit this 1% because we can be fully branded rather than showing up as an "unknown" pool or being identified by an IP address.

This is a BIG DEAL! and you will see our name showing up on this chart - https://blockchain.info/pools

You can expect this to happen in the next 5-7 days as we set up and re-point all of our power to our own pool. There might be some delay depending on when BlockChain and Coinbase will officially recognize us and update their records, but we have already started the process to be identified with both of them.

Once our pool is recognized and we are showing on the chart above you will see every Genesis block that we mine stamped with BitClub Network. This will not only provide undeniable proof and verification of our mining, but it will give us amazing exposure within the Bitcoin world. Each block will be recorded in the blockchain forever and we can link directly to EVERY BLOCK MINED by our pool.

On March 4 2015 I met a guy named Bernd K. on a Bitcoin-related event. He started talking about an investment opportunity and sent me a link to a webinar on how to get rich with BitClub Network.

I do not have evidence of them stealing funds, but I have reported people promoting this scheme to authorities and will continue to support investigations.

I found this on the blockchain

https://blockchain.info/blocks/BitClub%20Network

Interesting

BitClubNetwork? Is this a real program?

To those calling BitClub Network a scam, what do you have to say
about the BitClub pool PROVABLY mining 3 blocks in one day?

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

I think this should silence the critics and prove once and for all
that BitClub does in fact own 1% of all bitcoin mining power.

Looks good!

Question, though... why do you charge a fee to even join, and then add more fees on top of that? And as of right now, how much hashing power would $x be? I know it fluctuates, but having a baseline would help better understand its long-term prospect (especially since it's a 3-year contract).

There is a one-time fee to become a member of BitClub Network and have
access to the BitClub mining shares.  Once one is a member, one can
purchase mining pool shares, but there are no additional fees ever.

Mining pool shares are not attached to a given amount of hash power,
as BitClub shares are constantly increasing in power.

For each pool, the daily coins mined are evenly divided among all
shares.  Hash power does not factor in to the equation, although
you can always transparently view our total hash power by
visiting https://bitclubpool.com (currently over 3.2 Petahashes/sec).

Can you break it down to an estimated daily ROI right now? I mean, as it is, there's no way to tell if this makes economic sense, unless there's some way for us to judge about where it stands now and its history so far.

The mining system deals with so many factors and variables,
it is impossible to quantify an expected return.

What I can tell you is that all of our pools are profitable, and
will continue to be so for the foreseeable future.

If you are looking for specifics, I suggest you ask current
BitClub members about their own individual experiences.

After nearly one-year of operation, we are growing by leaps
and bounds and have countless satisfied customers.

Also, BitClub has much more in store than just our mining
pools, so there will be many additional income streams
available to members as we move towards 2016.

Actually BitClub Network is promoting on facebook quite a bit.

From the page it appears to sign up and get started there are 3 packages:

1. $500


Mining Pool #1 -- Each share cost $500 USD that will be used to purchase new equipment and fund the mining operations. Every day the total Bitcoin earned from this mine will be split among all members in the pool and paid out daily. Each share earns 50% profit with 50% used to purchase additional shares.

2. $1000


Mining Pool #2 -- Each share cost $1,000 USD and just like Pool #1 the total Bitcoin earned will be split among all members in the pool and paid out. Each share earns 60% profit with 40% used to purchase additional shares.

3. $2000

Mining Pool #3 -- Each share cost $2,000 USD and the total Bitcoin earned will be split among all members in the pool and paid out. Each share earns 70% profit with 30% used to purchase additional shares.


Now that seems all well and good but right here is where I wonder ok what is the actual share you'll receive and for how long?

Example: Using Mine #1, if the total Bitcoin mined for the day = 1 BTC and there are 100 shares outstanding then each share would earn .01 BTC. From this 50% would be paid in profit per share (.005 BTC) and 50% (.005 BTC) would be used to purchase additional shares.

So if the value of 1 Bitcoin = $500 USD and you have 1 share then you would earn $5 USD (.01 BTC) of which $2.50 is paid to you and $2.50 is used to purchase an additional share on your behalf. In this case you would purchase an additional .005 shares with your $2.50 and you would have a total of 1.005 shares going into the next day that you are now earning on.

IMPORTANT: Each full share purchased will last for 1,000 days. The reason we set this to 1,000 days is due to to the constant increase in calculations and computing power required as the math gets harder and harder to mine more Bitcoin (or other Crypto Currency). Therefore, we have identified this 1,000 day window as an ideal time frame based on how the market is today.


This is on their website if anyone cares to look.


Ok so after looking at blockchain Hashrate distribution report. BitClubNetwork ranks at #10 on the list within the last 24-48 hrs.

If everyone on this network is sharing in the pool that means that each daily share could only bring in a certain amount per day for each and every person that paid into the network.

I'm looking at the BTC reward amount and I see (3) block rewards totally 75btc on the 12  (2) on the 11th and (1) so far on today.

How this is divided is what worries me. How many people are in the group? Even if you have 200 people total buying in @ $500 per person that's about $100,000k  at 2000 people they're bringing in over 1million.

Notice it says "shares" . I'm also worried about if they're reporting the true amount that was mined for the day.
The more people you have realistically the less you'll receive once the pot gets divided. The only way people make more is if they're spending more money like 2k and still that could give them 75% of a pot that has so many people dipping in it that they mine as well sit and collect satoshi from faucets.

75 btc a day is (@ 250 a btc) is $18,750 per day it would take 60 days at that exact rate to bring in 1million and still that has to be divided up + depending on your percentage buy in.

Now this whole system sounds like Traffic Monsoon but the buy in here is 10x higher to start. The other issue is that the share isn't much if your share is $2.50 (50%) of 1 btc being at $250 then you're earning close to $1.25 a share. Now I suppose this is set up to get you to buy more shares but with bitcoin jumping around in price you'll just never know where the value could be in 1000 days.

It would be wiser if they started the sharing at a smaller price point as they'd receive more buying in to this. Make the sharing end at every 60 days instead.

$1.25 a day at 1000 days sounds like $1125. Still there's 365 days in a year so in 3 years you may get your money back plus extra. The only problem is btc could drop in 3 years or rise. It's probably the longest gamble out there I've seen.


Honestly I really thought that with all of the money they're receiving for sign ups that they'd be a tad higher on the list of mining pools. Maybe #3 or at most #5.

I wish I had about 500-2k just to test this out and see what's really being paid out per day. Actually if I had about 2k I'd put half in traffic monsoon and the other half into this and then see which one comes out on top regarding income potential for the long haul.


Ok I watched their video again. You join for $99 and then select the specific 500/1k/2k ( 50%/60%/70%). I suppose perhaps it's not so bad when you think of it being one time. I just wish more people showed exactly what they're getting everyday and also how soon you're able to withdraw into your wallet.

I just found out about this and its looks amazing if it works really as is supposed to , could any off the people who use this system or who have shares , confirm and tell us how much their earning on a daily basis?

Have you seen this thread?

https://bitcointalk.org/index.php?topic=1128258.0

Why do you think they have launched a PoS coin?

Ugg why do they need to throw a fake coin that no one cares about into the mix? This seemed interesting but after seeing those piddly sums "shares" it seems like total bs. Why would someone mine coin that has no value? Ohh you can use it within the network! Ha is someone selling homes for some unknown coin? That's a total bait and switch move for anyone that sunk their money into this.

It reminds me of bitgold scam. Payouts were delayed and "ooh look we have the new card" and that was a red flag. Same with this. The moment money starts getting tight they switch tunes and start pushing a card or atm shit. ATM and card for what? If you have a wallet you can take that btc out whenever and put that into bitx or zapo card( not in the U.S.)

Shitty.


There's one guy that is promoting all around my facebook one coin , this bitclubnetwork coin and some other "MLM coin". The bitclubnetwork sounded smart because supposedly they mined btc but also litecoin and doge but they decided to bring in some unknown shit? Fail.

Or owns a handful of miners they can video and then rents a load of hash-power to produce enough blocks to support their claims while actually running the usual referral-scheme-based fractional-mining/ponzi.

Yeah, given all the red flags and warning signs your scheme is spitting out by the shed-load, I'm going with my theory over your claim.

How much money do you think one would have to spend to rent enough
hash power to mine 20 blocks in 10 days??    These arguments hold no weight.

Documentation beats conversation...

https://i.imgur.com/vrpu04T.png

I think you have plenty of money, other people's, and are prepared to spend it to establish a bona fide looking cover for the MLM scam which you are running.
Way back last year, the seed money was pouring in from MLM/Ponzi early birds, eager to get in on the ground level of a huge, professionally run scam like this.

http://patrickpretty.com/2014/11/18/bitclub-network-now-wants-500-new-suckers-participants-exhorted-to-be-patient-because-purported-mining-community-venture-is-like-building-a-home-made-space-ship-to-explore-outer-space/

500 x $3,599....that's nearly $2 million just there, plenty enough to buy the 2+ P/hs that you claim somewhere in your sales blurb and mine over 20BTC a day, anyone with the finance could do it. So what?
The thing is, you will just keep selling and selling and selling shares in this, like some sort of Mel Brooks musical, for the real reason for setting it up: a cover for a huge MLM scam. New 'investor' money will just migrate straight to the top of the pyramid as it's supposed to in schemes like this, and then the marks will sit patiently for the next three years, hoping to get their money back.
When even the dust payments you are making (0.002 BTC per day on $500) towards your 1000 day roi get too much for you, the lucky 'investors' will just get given some useless shitcoin and the scam will be complete.

The way you keep insisting, "We are mining so we must be legit" reminds me of another cloudmining scam, Cloudmining.website.
Their mantra is similar, "Look, we've paid out for the last few months, we must be legit" and then they show a meaningless graphic to prove it.
Just like you and your pie chart.

TL:DR
Your "documentation" proves nothing about the likelihood of your 'investors' getting paid.
Your millon dollars worth of seed money for a mining front was well spent from a scamming point of view, especially if it helps your networking parasites drag in suckers in the numbers that your previous schemes have.

https://bitcoinwisdom.com/bitcoin/difficulty

50 BTC/day = 5.4 PH/s

https://www.betarigs.com/
https://www.nicehash.com/

5% comission on rented miners x 10 days = 25 BTC burned = 6600 USD

So anyone can burn 6600 USD to prove 5.4 PH/s for 10 days. Is it profitable for me to do that? Probably not. Is it profitable for you to do that? I don't know.

I was sad to see that the convicted indian rapist is no longer providing a testimonial for your site.

One can only assume that the authorities have removed the computer from his prison cell, maybe it was part of that porn clampdown that was recently reported in the news.

It's also curious how he has managed to be locked up since 2013 and yet be in brazil a few months ago to leave you a glowing recommendation.

EDIT
It appears mr diaz has changed his recommendation (must have got the pc back) and now speaks english and is disabled probably because he got the shit kicked out of him in prison. At least he still has a passive income to upgrade the pc in his cell :)

lol, I can't even put into words how much joy this post brought to me. I'd love if BCN would give a response as to your findings.

Thanks, I can take credit for the humour but 'tmfp' is the one who dug up all the dirt on these scammers

https://bitcointalk.org/index.php?topic=1152263.0

Thanks for the link! Looks to me like all the information there is pretty solid. It's depressing to see yet another site fly into the darkness.

Though I do want to say testimonials aren't necessarily "true." Most businesses use fake ones, with random images. In fact, even some high-profile sites have been sued in the past for using people's images without their permission or knowledge.

That said, I'm looking forward to seeing what happens here.

I'd need a source on that, it's actually illegal, even in the Home of the Free. The Federal Trade Commission says 'it is illegal to use testimonials that "...mislead consumers and affect consumers' behavior or decisions about the product or service." '

https://www.ftc.gov/sites/default/files/attachments/press-releases/ftc-publishes-final-guides-governing-endorsements-testimonials/091005revisedendorsementguides.pdf

You also miss the point I made: what is the likelihood of randomly choosing a picture of a convicted rapist, the only picture of that person ever on the Net, and using it to promote your business? I said on the other thread that I'd had experience with the type of people that infest the MLM industry, they are contemptuous, in the extreme, of the marks that buy into their bullshit and give them money.
It's entirely within character for one of these fuckheads to have used this image deliberately as a little 'joke'.

Meanwhile, the shills have been stirred into action by my interest (the Jeffrey Babener they refer to is the MLM mafia's lawyer).

 http://behindmlm.com/companies/bitclub-network-review-zeek-ponzi-veterans-at-it-again/#comment-345031

One thing I do find interesting is that BCN seem be going after our man EndtheFed321 https://bitcointalk.org/index.php?action=profile;u=79176 , accusing him of stealing from them, something he naturally denies.

https://bitclubnetwork.com/fraud/1/lerdbaron.html

What makes this move interesting is that, unless the blackmail works, then it would mean that BCN would start having to bring some real life people with names in to the public arena should they carry through with their legal threat.
That would surely be counterproductive for an organisation which seems to be in breach of just about every SEC regulation and only exists because of its annonymity.

what did you guys do to the Bitcoin ATM you bought from Bitcoin Já in Lisbon? What are your plans for it, huh? think you should come to the Portuguese subforum and speak a lil bit about it

Eh, if you look at newer sites and look at their testimonials/images, you'll often find them elsewhere or see that the names they're using don't match up. They will usually move towards more legitimate reviews once they come in, but before that... most people don't want to put their friends/family in the personalized spotlight.

Dating sites are also notorious for using random images in their advertisements.

If this isn't a scam then I don't know what is. OP is new...check. OP has neg trust...check. Seems way too good to be true...check.

Hello! Is the project live?