Bitcoin Forum

Dear friends, someone is using https://cointellect.com/?

I wonder if is reliable

I read an article somewhere [will see if I can find it] about this not being reliable and or a scam.

The person reviewing it apparently said that there were some stuff in the code and I cannot remember what else. Let me see if I can find that article. Will post link here.

http://cointelegraph.com/news/112424/is-cointellect-a-scam

Here is a reply from the company in regards to the scam accusations

http://cointelegraph.com/news/112479/cointellect-issues-official-response-to-scam-accusations

And another I just found in my search [have not read this one yet]

http://www.bitcoinnotbombs.com/on-the-cointellect-cloudhashing-scam-and-the-currency-of-reputation/

round of applause for lack of subtle advertising by the OP.

also mlferro you sem to be always get fooled by the scams, EG mirbox and other places promising high returns.. be careful
"if it looks to good to be true - it isnt (true)"

many thanks for the information ... were very good

yes mirbox I just did a test because no one knew about, here the forum ... I wanted to do the test and post the results. And as proven not to be legitimate, can perhaps be ultil for someone ...

this topic cointellect asked about this, to know even ...

thank you very much

Follow our trip to the moon daily @ http://cointellect.net

PR Manager; Chris

Cointellect is obviously a scam site, do not ever download their software, it contains some malicious code / malware that could harm your computer / steal your personal info.

I had uploaded their file to virustotal 3 weeks ago, here's the result :
https://www.virustotal.com/en/file/f7650cbae465847c493c6ee85479d8e1ea159124021d288755eca8827e97bc00/analysis/1409061088/

I forgot to post here .... I do a test, to download the application and install the antivirus, sent some files to quarantine, and eliminated one "miner.exe" immediately.

that good that I had antivirus rsrsrsrs, if not,  what would happen ... these trojam horses lol

Wallet stealing software, obviously. Why would cloud mining require a download in the first place?

you can use stratum settings to mine like any other pool
somewhere in the advanced, asic setup are details.

so you dont need to install anysoftware.


--

i also bought one of their contracts, after nearly two weeks of succes, i am currently unable to login :(
so i cannot even get to the asic settings ..

for the last two days entering login details returns me to the home page, i 'm waiting on a reply from them.

I see they managed to scam at least 1 person. Don't you feel silly?

Happened to me a couple days back. Try clearing your cookies. It worked for me.

i managed to get in with safari, still cant get in with firefox..
oh well


i'm quite impressed with th contract payouts, but yet to see how it pans out over time.
roughly 16% return after 10 days on the 299euro contract.

if it is a ponzi i hope i got in early enough to make over 100%.
lol

//

i went looking for the asic setup again, it's not exaclty obvious :P
a small link on the download page to advanced setup

https://cointellect.com/download/advanced/ (https://cointellect.com/download/advanced/)

lol says the GAW miner scam victim.

i've got some hashlets too :)

I've use that for mining a doge but not worth for me :-[ :-[ :-[ :-[

To me seems not too bad. I know people who run it all day with obsolete but dedicated hardware earning €6+ a day without buying contracts.

A very good news from CoIntellect: Bitcoin and SEPA Withdrawals Will Soon Be Available!!! (https://cointellect.com/news/view/?id=21)


 8)

Hi all. Just bought a Demo Contract.Seems to be running OK.Made about 2Euro in 24 Hours.We will see after 10 days.

The demo contract used to give back around a 2€/day (sometime less, sometime more). I bought my Demo contract on October 4th and by October 14th I recovered my expenses and got an 12.876% yield from it. I hope of being able to buy a Starter or Pilot contract in the next days.

Have a nice mining!  ;)

Hello everyone.

Just wanted to tell everyone about this thing with credit card information above 10 euro balance. I asked their support about this and got the following answer:

Hello Daniel, how are you?

Verification could be asked from you at any time and then you need to verify yourself in order to make withdrawals.

There are two ways in which you can rely to verify your account.

One is the already known Credit Card verification and the other will be when you purchase a contract. Then your account will be automatically verified. You can also ask for one of your close relative's or friend's Credit Card to verify your account.

After any of those steps, you will see a green checkmark in the upper-right section of your dashboard stating
the state of your account as verified.

Should you have any other questions feel free to ask, we are happy to help you with your mining experience.
Have a wonderful day!

Regards, Kristine.
CoIntellect Customer Support & Sales


It makes sense cause I actually purchased a demo account to try them (since my laptop is quite old and i have no mining hardware), on this contract (for 15 euros) i was getting around 1.641 euros daily (not a big ROI but still in positive), so back to my topic, I have the green sign and I can withdraw without any further verification.

Hope you find this info useful.
If you decide to sign up send me a mail and ill give you a reference code for the sign up.

I gonna try the demo contract. Looks promising.

how much you get from this site in a days? in euro of course not DOGE and that is worth for my time or not?

If you have to try that hard to find 'scam slander' that should tell you something no?! With thousands of members - I think it would be safe to say the www would be overwhelmed, as our facebook forums would be! Not to mention the entire social network from twitter on down... Try finding a scam claim on youtube - wasn't ANY last time I checked - they've been paying for 6 months strong now... me included, and I don't need to post any B$ screenshot proof, as the proof as they say is in the pudding! LOGIC DICTATES!!

i bought a PILOT 6 month contract 2months ago.
299Euro, with an apparent 100% return so far .. the rest is profit

however,
they pay out to paypal, doge, or new cryptopay

i've been taking out doge and selling it for btc.
however after 2 months, i finally got around to mathing it ..

seems they use a below market evaluation.
entering 15 euro in

cointellect gives me roughly 84.1k doge

http://preev.com/xdg/eur  - gives me 91.6k
https://www.coingecko.com/en/price_charts/dogecoin/eur   - 91.7k

greater than a 1Euro difference.
over 6%

//
crypto pay is a typical bitcoin/fiat specialised company that seems to have a large divergence between house and exchange prices.
and ii cant imagine converting paypal to btc would be any better.

TODAYS DOGE CONVERSION AMOUNTS ARE

23 EURO
cointellect                            123139 doge
http://preev.com/xdg/eur     138000 doge

over 10% difference.


i've sent them an email asking about the difference, and how they get their doge exchange value.

_____
note. i'm just entering the same amount into the respective sites, and copying the output.


i might make a few regular observations at their exchange rate against 15euro


DATE/TIME              http://preev.com/xdg/eur        https://cointellect.com/payment/cashout/      ratio
NOV 20, 10AM                   91.6k                                     84.1k                                                          108.9%           
NOV 21  (against 23euro)    138k                                     123.14k                                                       112.1%                   
NOV 22 ,2AM                     87.85                                     84.44k                                                        104.0%           
NOV 23, 11AM                   83.44K                                   81.18 K                                                       102.8%           
NOV 24, 3am                    72.70k                                   75.84 k                                                        95.86%            <-----cointellect pays more.
pah, must have forgot to save this day... but from memory it was again that cointellect paid more than preev.com             
NOV 26, 2am                     74.89                                     75.44                                                           99.27%            more
NOV 27, 1am                     81.47                                     78.71                                                          103.51%           
NOV 28, 9am                     77.45                                     77.51                                                           99.92%           
NOV 29, 2pm                     75.64                                     75.15                                                          100.65%         
 
DEC 8 , 7 am                     80.04                                     77.93                                                          102.7%

Tripling money in about 3 months sounds like an HYIP/SCAM.

well it looks like they finally got the stratum back online last night. however..... i have 12 MH's pointed at the pool but the pool is only reporting 2 MH's. do they reduce dependency on light demand days? would be good to know so im not wasting 10MH's. @cointellect- i am vested in this also, feel free to give information on here since only 1 of my emails to support have been answered since i have been here.

@cointellect
How is it possible to get >5 € per day with 25 MH/s? I can't see any coin that profitable.

The downloaded file of cointllect is instantly deleted by my Antivirus even without giving a chance to quarantine.

i received a response from cointellect about the stratum.

"Our team has been working in an update in out Terms to avoid abuse of our platform, and this is why now we ask to our users to consolidate all their hashing power under one account, if they do, there will be no limitation at all in your solo mining performance. You just need to follow our terms and everything will works as usual.

Should you have any other questions, feel free to ask. We are happy to help."

still no answer as to why im sending 22Mhs and the dash is only showing 2 MHs.

i wouldnt use that software. if they cant figure out how to make the software work without setting off multiple virus alarm bells, then perhaps they should consult with Dr Haribo and find out what his magic secret is to get Bitminter's software to work.

Withdrawals to Cryptopay didn't work for me in the last few days, I tried at least 7 times since Friday and always got my withdrawals rejected without reason. No answer yet to my support e-mail.

i have a similar issue and the support said i needed to go to the cryptopay website and login and try. i just gave up.

It is a SCAM don't waste your time.

Got an answer from support yesterday, so far it doesn't work yet. Anyone else had lzck with Paypal or Dogecoin withdrawal?

Logic dictates that a scam tries to maximize its profits. That means, as long as your (expected) sales > actual payouts (that few if any people manage to withdraw), you will continue serving your "pudding", which proves nothing other than what is implied in this sentence.

Logic also dictates that if you score a solid 7/7 in on my ponzi sniff test:
https://bitcointalk.org/index.php?topic=860400.0

one better assumes it is a ponzi.

i've been withdrawing dogecoin from cointellect pretty much daily for 2 months..
no problems at all with withdrawing .. i thought i might try paypal today :)


edit
hmm, paypal is minimum of 50euro withdrawl.. i'd have to save up for a week or so ..
haha the main reason i withdraw so often is cos of the ponzi sniff. not sure if i'm up for a week.

Thanks, good to know Dogecoin withdrawal works, if they cannot fix cryptopay today I will do the same
and withdraw in Doge.

It is no longer story that cointellect is a scam.

DON`T start mine on Cointellect
They are CHEAERS and tehy will stieal from your earnings. They have day limit of 1.49 euro per a day and they are lie and change they
positon every time when you write them for a problem. wiht 0.40 MHs and 0.65 MHs  I have the same day earnigs no more then 1.49 Euro
When I ask them  this are the reply that they send it to me
Here is the mailings wiht them . FIrst they say they don`t have limits theny they put some imagine flat rate and so on they just steal frm your
has rate and earnings and push you to buy contract with  them. They chagne the Paypal withrow minimum form 10 Euro to 50 Euro without notice !!!
they do what they want to do without notice and only find excuses but never realy fix the problems.
This is only one of the many problems that i have with them

SO WACH OUT and my Advice is to not work with them. Final decision is yours
 
HERE si the mails  wiht them :

> On , bubolino wrote:
>> Hello
>>
>> the day limitation to 1.49 euro per a day is still exist you say you
>> have fix this problem but you didn`t when the hell you will going to
>> fix it ?!
>>
>> bubolino ®
> -------------------------
>  FROM: "support@cointellect.com" <support@cointellect.com>
>  TO: bubolino
>  SENT: Tuesday, 25 November 2014, 14:49
>  SUBJECT: Re:

>
> Hello Bubolino, how are you today?
>
> Thank you for contacting us.
>
> We do not have earning limits, but if you send us your username, then
> our technicians could check your account and add bonus is necessary.
>
> We apologize for the inconveniences.
>
> Should you have any other questions, feel free to ask. We are happy to
>
> help.
>
> Sincerely, Kristine.
> CoIntellect Customer Support & Sales
> cointellect.com | mining done right |
>
On , bubolino wrote:
> mu user name is ******** ( this is the name that I have login in
> cointelect )
> and you have limit couse wiht 0.45 MHz and wiht 0.65 Mh I have almost
> the same 24 hours earning
> and there is no more then 1.49 eruo per 24 hours
>  bubolino ®
>
support@cointellect.com  Today at 3:53 AM

Hello Bubolino,

Well, your earnings will be according to your hashrate all the time, but
you will have to understand that we have a €1.5 flat mining rate for
miners with less than 10 MH/s and if you don't surpass that limit, your
earnings will remain at €1.5 daily. Of course, if you purchase a
contract, and you don't want to perform solo-mining, you can stop using
your own hardware and let the contracts with all the work.
Our hashing packages will reward you instantly after activation and you
don't need to do anything else.

Please do not hesitate to ask if you have any other questions. We are
more than happy to be of assistance.

Have a great day!

Regards, Luis.
CoIntellect, Customer Support and Sales.
CoIntellect.com | mining done right |

sounds like you should see how low your hash can get, and still receive €1.5

I have never solo mined with their pool.
But i own 2 Starter contracts with. (10 MH/s+ 10MHs)
 

So far no issues with their contracts. I am getting paid daily (4.5 euro/day).

The contract is for 90days and i have invested  200 euros into it.

90days  X  4.5 euros  =  405 euro

100% ROI.. 

I feel bad that you are having experience with their mining pool.

Also just letting you all know that the Paypal withdrawal limit change (10 euro to 50 euro) was announced in the news section of the cointellect Dashboard (Right side of the screen when we log into the account)

@cointellect- why does it take so long to show my miner working? it shouldnt take more than a few minutes to show up. im curious but borderline suspicious.

Anyone know a way to setup cpuminer with 10 gridseed in a way that each gridseed mine for one account.
Hope that's clear lol.
Thank you

Kristine and Luis are vastly different in the way they respond. Luis, as I recently told them, has all the charm of a brick in the face.

One gridseed will reach the cap, or close enough to CPU mine the rest of the way. Any more is just giving them free hashpower to steal.

Multiple accounts on the same IP will get both the IP and all the accounts blocked, so you earn almost nothing. This applies even if they belong to different people! Such as when you refer family members or a visitor is mining on their laptop. They seem totally disinterested in removing the blocks.

Referrals on the same IP, for example if you show someone the site, and they accept your referral, will not show up. They won't change referees, and you can't reuse emails, so it would take a new email, on a different IP, to fix this.

Yes, it is almost certainly a scam. Exactly what is still not clear, but they are definitely stealing and reselling forfeited hashpower as contracts. And the likelihood is they will eventually disappear once they have enough long-term funds on hand. Don't be tempted by the promised returns.

To verify once you reach the 10 euro limit, either use a disposable Visa/MC, or buy a DEMO contract with BTC. Do not give them access to any more money than absolutely necessary.

what is best way to mining at cointellect pool
is mining at cointellect profitable.
do i  need to verify myself in order to make withdrawals.

Advanced Guide How register on Cointellect and recieve 1.5 Euro every days with 1 GPU mining. (http://cryptoage.com/ru/71-cointellect-%D1%81%D0%B5%D1%80%D0%B2%D0%B8%D1%81-%D0%BE%D0%B1%D0%BB%D0%B0%D1%87%D0%BD%D0%BE%D0%B3%D0%BE-%D0%BC%D0%B0%D0%B9%D0%BD%D0%B8%D0%BD%D0%B3%D0%B0-dogecoin-%D0%B2%D1%8B%D0%B3%D0%BE%D0%B4%D0%BD%D1%8B%D0%B9-cpu-gpu-%D0%BC%D0%B0%D0%B9%D0%BD%D0%B8%D0%BD%D0%B3.html)

Just got a Pilot contract for €299. We'll see how it goes. Actually IMHO only the 5K€ investment makes sense, if you're serious about investing. However it looks too good to be true, getting ROI in two months and making profit for the rest 22 months...

on windows
put this --gc3355=\\.\COMx per instance. x depends which COM port ur using.

have been running for almost 3 weeks with the pilot contract and i did withdraw part of the earning without any issue.

This. Pretty much this.
Expect that they'll also block your account completely, or set you to earning dust (€0.0001/day).

I also got a random response from a Daniel, who seems to sit between Kristine and Luis in aptitude for responses (but uses his whole name, unlike those two), as well as a response from Ahmed who just dumped the ball in someone else's hands.

Just like Fulvio states, Luis lacks the social graces expected in support.

But, thanks to Luis, I was able to confirm that they cap at €1.50/day if you're under 10 MH/s, and I was able to test and find myself brushing right under the €1.50/day limit on a single gridseed running at 371 kH/s:

Its useless to even do this with cointellect, they have a hash cap on external miners. I got the same exact payout for 3 MHS as I did for 32MHS. it is best to use 1 gridseed on cointellect then get a USB Hub or raspberry pi and controller and point the rest somewhere else.



Yes you have to eventually verify your account with a credit card or BTC purchase of a contract. For me with 1 little Zeus miner it is profitable right now. The best way to mine there is get a small 3 MHS to 6 MHS machine and point it at thier pool,. Buy 1 14 day contract to verify your account with BTC not your credit card. and if you have an extra PC with no bank info or coin wallets download the mining software on there and mine with that :)

create a different instance of cpuminer for each miner changing the COM port and the username.
You could do it using multiple .bat files.

You should mind also that, since splitting hashing power to multiple accounts is now forbidden (https://cointellect.com/news/view/?id=28), you may risk having your account's earning reset to dust at the end of the mining day. Nevertheless, If you wish to go-ahead you should avoid any referral between your own accounts; so, you may have to use other people referrals (e.g. the ones in the signatures of the users posting in the thread).

I found cointellect over facebook and after some google research this thread.
Besides all warnings: If somebody is interested to share referral payments, send me a message for my referral number. I will send back 50% of referral earnings generated. This will both of us give an earlier breakeven point.
I bought a Pilot contract with a trash credit card 3 days ago, everything is working fine. But I wouldn't buy anything without credit card there to have some protection. I saw that bigger contracts can't be bought by credit card, thus I recommend to avoid them.

To be honest, that's no serious reviews you guys are doing. Some newbie accounts with 1 or a few more posts only posting how great this service is, spamming your reflink to make money...

Write a honest review without your reflink, probably that can be considered as honest review.

https://pbs.twimg.com/media/B5c55UiCYAA7Cia.png:large

Purchased 13200 euro so far, and got 15120 euro since last night. Daily income is over 250 euros.

So nice time waster...

I also keep some of my earnings in my Bitcoin wallet which also runs CoinMiner 7/24.

Nobody stolen anything from my wallet yet.

Antivirus just warns that you are installing a software which one contains miner, so it may use your computer like zombie. It's OK if you know CoinMiner is a mining software, it's not acceptable miner comes to your computer illegally. Think a non-related software like computer game installs miner sliently and run in your computer without your permission. Antivirus just does it's work perfectly and warns you.

Will you still follow your navigation device suggests a direction that will be finished by fall from a cliff?

why is my cointellect miner no longer able to connect to their miner pool? Anyone else having issues?

I was't able to connect to their miner pool during weekends, I had to use the cointellect client to mine on their pool, today, Tuesday January 5th 2015, I withdrew  dogecoins  and it has been hours since withdrawal and it has not arrived in my wallet yet, getting worried about cointellect. Suddenly they also charge 20%-30% fees during weekends and holidays, next they will come with an excuse for fees during work days to :-\

Whilst they face a problem with dogecoin, I just got a payment through Cryptopay.

They were also announced that they will offer to payout to Xapo soon.

Still trying to understand this , so you have to have a miner running for the starter contract to payout in full? Or are you saying the software has to be simply running regardless ?  and if so why is that makes no sense.

Hello guys,

Im not able to buy basic+ contracts so if buy a pilot will be available instantly basic+ contracts?
Or I should wait until pilot contract expires?


Thanks

i m feeling that cointellect is very near of his end..
it look like a ponzi and must be carefully

Yesterdays withdrawal took a bit longer than normal.

For me, dodgecoin is the only reasonable withdrawing option.
PayPal: I definitly avoid to put PayPal and Bitcoin together.
Cryptopay: Their exchange rate is way to high (at the moment about 8% + 1% fee)

but they can run away that easy?
They have a verified paypal account and stuff,

CoinMiner is not required to earn profit from cloud or hosted contacts. But it has benefits if you run. Your contract earnings will be higher if you run CoinMiner. According to my observation, there is bonus rate on contract earnings. So if have many contracts like me, daily earning bonus will also increase.  It's about 8 euro per day with 935 MHS hashrate.

I guess it will be more if run CoinMiner with a better computer.

+1. However, I would like to say that Today dogecoin withdrawal are quite normal; it took only 1 hour to have them credited to my wallet.


Where you got such webcam url? What about such mining center? Could you tell us more about?

w0w amazing

is this live ?

as long you keep investing your base principal low, and if it does end up being a ponzi you wont have to be burned by a significant amount.

^

But time will always tell.

Withdrawal via PayPay is down, withdrawal via CryptoPay is down, DOGE withdrawal pending 40+ hours....so it is GAME OVER!!!!

Glad I didnt invest in them.

Today they announced DOGE withdrawals are back to instant. I just successfully withdrew. Gave me a little more confidence back.

I wait long time: chk me img:

http://www.subirimagenes.com/imagedata.php?url=http://s2.subirimagenes.com/otros/9241084aca.jpg

I wait +48 hours!

I do have one withdraw that has been pending for over 48 hours as well. Sounds like the new withdrawals as of today are instant. The ones made in the last few days will be either processed soon or will be refunded back to your balance so you can re-withdraw and receive it instantly. This is where I'm getting my information.

https://cointellect.com/news/view/?id=41

Interesting.Today's withdrawal completed with a few minutes, but yesterday's and Tuesday are still pending.

2 of my withdrawal still pending untul now allready 48 hours+++

Same here. Did a withdraw minutes ago and received it instantly, but 2 are still pending (from yesterday and the day before).
I think we have just to be a bit more patience.

looks like they run out dogecoin for payout

will collapse soon ???

FYI, this is a HYIP. Play safe.

Can you elaborate? How do you recommend playing?

To buy a BASIC contract you shall unlock it by buying first a PILOT one; however, after you have bought the PILOT you can buy BASIC contacts immediately.


Quite unusual comment given your red trust score. However, caution must be excersised with every BTC/money deal not only with Cointellect.
By the while actually they're worst scam than CoIntellect around, see Cloudmining 101 (https://bitcointalk.org/index.php?topic=878387.0) for reference.


CoIntellect is suspected to be a SCAM/Ponzi by some users; however, scores of other cloud mining initiatives are fare more worse than it, You could see it by yourself in the Cloudmining101 thread (https://bitcointalk.org/index.php?topic=878387.0).
As usual, I recommend you to use it firstly as a mining pool than IF you want to put in some money to buy contracts, I recommend doing as me to not put 1 satoshi more than you can afford to lose (e.g. I could put in the money I waste on booze, but not the one I need for my flat rent).
Basically, as with every investment, do your own due diligence, play safe....and enjoy life.

CoIntellect is paying as usual!!!

Just got my daily payment in just 1hr from withdrawal to Cryptsy balance.
They've also made an announcement to say payments are processed normally. https://cointellect.com/news/view/?id=41 (https://cointellect.com/news/view/?id=41)

I am mining in cointellect since 2 months. Contaract mining is fine, I've purchased demo contract and daily earnings was around 1.75 euro +- 0.05 eur.  Other time I run gridseed g-blade 5/6 mhs and i am earning aroung 1.50 auro per day. But this week something is wrong with them.  Two days ago I made withdraw in dogecoins and still dogecoins are not sent to my address. Today i made withdraw and coins was sent instantly. I don't know what is wrong with their pool but today I don't have earned nothing from my mining, yestarday I have not earned nothing for 10 hours. This is happening for first time to me.  They don't answer emails, don't know if they are busy or just don't want to bother with us...  Their software is good and I don't find viruses. I am earning around 0.30 euro per day with cpu mining with core i7 2400 with their software set at 70% intensity which loads my cpu max at 50%   I've mined in many other pools with gridseed gblade and max earnings was 0.30$ per day from WDC mining, with dogecoin i could earn max 0.20$.  I don't know what is their scheme, but at all in cointellect you can earn much more than in another pool. 
I hope they will fix what is wrong... Still my earnings for today are not showing in website, but I am mining. Thats weird...

Just a suggestion: Using 2 gridseed mini (usb) miner with 365 kh/s each, you'd get the same amount (around 1.50 EUR/day) as with your 5 MH/s blade. If you can find them for 15-20 Euro, you could use your blade for mining other coins and have a quick ROI for the mini miners.

Oh, is that for real? I mean did you test it?   Will I earn more if I put 15mhs on cointellect or it is fixed to 1.50 eur (someone mentioned it is fixed) ?
Thanks for your advice, I am gonna try it.

There was a statement from them that the have a cap for small hash miners, up to 10 MH/s get a maximum of 1.50 EUR/day, no matter the hashrate. Above 10 MH/s they pay more (don't know the details). So if you can get the same amount with less hashrate, better everything above to generate additional profit somewhere else.

http://fs2.directupload.net/images/150116/8nsp3i9v.png

My stats using 2 mini gridseeds 365 kh/s each.

maybe they still paying perfectly (?)
but cointellect and that kind of cloud mining system has high risk
i have some invest in cloud mining too..
but must be cerafully when make invest there...

Sure, just think: How can they pay 1.50 EUR/day for mining Doge (a merge mining coin with huge network hashrate and diff) even for low hashrate miners?

Found it:

"Well, your earnings will be according to your hashrate all the time, but
you will have to understand that we have a €1.5 flat mining rate for
miners with less than 10 MH/s and if you don't surpass that limit, your
earnings will remain at €1.5 daily. Of course, if you purchase a
contract, and you don't want to perform solo-mining, you can stop using
your own hardware and let the contracts with all the work.
Our hashing packages will reward you instantly after activation and you
don't need to do anything else.

Please do not hesitate to ask if you have any other questions. We are
more than happy to be of assistance.

Have a great day!

Regards, Luis.
CoIntellect, Customer Support and Sales.
CoIntellect.com | mining done right |"

Source: https://bitcointalk.org/index.php?topic=789970.40 (first post)

Hey guys,
I've been using cointellect for few 2-3 weeks now with solo mining and researching it at the same time. Went trough a lot of reviews and forums mainly here. In the end I decided to buy the demo pack to see how it works out.
I bought it minutes before posting this post so I won't have any results to post but in the up coming days I will update here how it's going etc.
I know u guys have no reason to trust me since I'm a new member here but I hope to proove my self :P
Anyhow, as I mentioned I'll be testing their services and possibly buy one of their more exensive packages later.
I'll update my progress with screenshots etc.
Hopefully this turns out good.

Since I live in finland at some point I will visit their company to clerify some things atleast :P
Anyhow more details will follow later :)

Hi all,i am new to cointellect since late December.
Back then the minimum withdrawal limit was 50 euros,now that my earnings reached 26 euros they raised the limit to 100 euros.
Additional they do not allow bying a contract with earnings made but only with paypal.
If they keep raising the limit i wont be able to withdraw any amount inthe future.

Thanks for replying,i just bought a contract.
I guess this is new.
I had i discussion with a cointellect assistant at  January 7 and she told me that i can not buy contract directly.

Your welcome.  I only joined yesterday with my own GPU miner and so far it all looks good, I will look for another week and if all is well take a plunge on a contract.

dogecoin withdrawal works fast right now
good job CT

Hey everyone,

So today I decided to test cointellect dogecoin withdrawal and see how fast they can send it to my wallet.
I was surprised to see that within 5 minutes my withdraw was processed and the coins showedup in my wallet.

Here's some proof :P

http://puu.sh/eDAUl/1a556e63cb.png
http://puu.sh/eDAXB/8108568312.png

At least now we see that they're improving their payment system and they might actually be legit :P
What do you guys think?

Looks like my pending withdrawals were refunded back to my account balance. Did this happen to anyone else?

Withdrawal  request  I did at monday was refunded too.

same thing with my withdrawal.

but find it hard that happen. Maybe in a few years.

Hey guys,

I just made a chart for the packages that they sell in cointellect.
I looked at it and it seems very suspicious how much money you will make according to their packages.
Take a look at it for your self.

6 Month Contact 300€
http://puu.sh/eGxxX/774518003c.png

12 Month Contract 1000€
http://puu.sh/eGxBn/e9a3451bf8.png

18 Month Contract 3000€
http://puu.sh/eGxCB/d1ecdf38ea.png

24 Month Contract 5000€
http://puu.sh/eGxEn/8efbce70bb.png

What do you guys think?
Is it too good or is it real? :P
Cuz there's the other site called cloudhashing and they had similar rates and people doubted them a lot and in the end it turned out to be real and working. So what do you guys think about this?

Come on, it must be legit...he says he's satisfied with them and I have no clue about cloud mining
(I only invested in GAW, LTCGear, AMHash, Hashnest, so yes, no clue ^^).
https://bitcointalk.org/index.php?topic=420573.msg10178020#msg10178020  ::) :P

Obviously it is not a scam, but their system is strange.
It looks like if you want to earn more than 1.50 euro per day you must purchase contract. Here is my 10 days experience with solo mining:

earning with 5.2 mhs miner per day = 1.50 - 1.55 per day no more
cointellect pool report correct miner hashrate on dashboard
 
earnings with 20 mhs miner per day  = 1.50 - 1.55 per day no more
cointellect pool report  incorrect miner hashrate on dashboard - 0.55 mhs max
I don't know why I am earning same amount of money for 20mhs and 5.2 mhs . This is weird. I did not contact them because I've got no response  last 5 mails that i sent to them... I was expecting around 4 eur per day ( they offer 25 mhs contract with estimate 5.50 eur per day)...

As user jawitech mentioned you can earn 1.50 euro with 1 mhs ( 3 days tested and works)

So better do not mine on cointellect with more than 1 mhs because it is waste of power.  Next week I will order their 25 mhs contract, so I will report here.

If anyone has info about solo mining earnings and especially why your earnings are equal with 20mhs and 1 mhs let us know.

hi

visited them today as im local. You can ask some questions and ill answer if i can but i dont take any responsibilities!

I went there as i started using their Pilot few days ago and wanted to see w own eyes like most here do.

I got there during the time of moving one floor lower. I was politely invited to see both old and new office. Saw the helpdesk workers and had about 40min chat with PR person

Probably the biggest question is - scam or not and i will not answer that but i will continue mining w them and see where it leads. Ill also be posting my results here.
They are doing this big and trying to grow even more.
I did get direct contacts (which dont ask to give out!) and will be in touch in future also regarding some ideas.

Last question regarding mining efficiency is good and ill try to get answer to that

Then can you ask them and tell us why with 20 and 2 mgh solo mining earnings are the same?

The most important question for me is:

While other mining is hardly profitable at all: How is it possible to earn 1.50 Euro per day with 2 gridseeds 365kh/s each? My 10 MH/s scrypt miners mining other coins get less than that. That's what seems to be fishy.

Ask them why only 50% of my Doge withdrawals come through to my wallet! No transaction id's to be seen...

is there anyone who has hit ROI? it has been running this long that many contracts w roi should be around

I received the very minuscule profit from the demo contract. I'm about 4-5 days away from breaking even on my starter contract. Have a little more time to go for my other pilot and basic ones.

20% withdrawal fee for Dogecoin seems to be fixed now. >:(

Not a big fan of that fee, and the fact that cryptopay is still disabled at the moment.

Blah :)

They raised the min. euro payment amount from 50 to 100 euros before i get to 50 balance,will they raise it again before i get to 100 balance?

this should be the case only w small contracts, as w some you get to 100 with 1 or 2 days.
i will be there pretty soon to test out the first withdrawal

i think it's a red flag for system
why they do that?
must be carefully..

Could you be more specific about the issue? I cannot find such minimum payment requirement on their page....

http://i60.tinypic.com/2e6a2ds.jpg

Just a cautionary tale here...solo mining with 180Khs returns about $1/Day.  I purchased a 24Hr 300Mhs contract pointed it at the pool...$5.00 in 24Hrs something not right there it should have been a great deal more.  Cryptopay not working for nearly a week now.  At the end of 10 Day demo today approx 100% ROI.  Stratum server is not working today and emails to support have (so far) gone unanswered.  If it sounds too good to be true...it probably is.

It's with Paypal payment not Dogecoin

http://s17.postimg.org/duf90ruvz/Screenshot_2.png (http://postimage.org/)
imgurl (http://postimage.org/)

Sorry, I don't even consider Paypal and any other money transfer service that accepts credit cards  in cryptocurrency matters since transactions can be easily reversed by the sender, even after several weeks (https://bitcointalk.org/index.php?topic=14632.msg197267#msg197267).

Ok,is it profitable to collect Dogecoins with 20% comission fee?

My payments just stay processing for over a week now and whenever i email them they send me a standard email back.....

No help, worst support ever and my 10 day contract stopped mining after 7 days...

Waste of time and money!

I've purchased starter contract, will report soon how it is going.

BTW they will offer master debit cards soon and you will be able to withdraw directly from your account, so probably everything with them is legit.
Earnings from solo mining are reduced, I've used to  earn 1.50 euro per day, now with same hashrate I earn maximum 1 eur.

This is a scam for sure. Following your postings it is getting worse and worse. Prepare for a run guys.

Did they show up at Bitcoin Expo 2015 in London last weekend?

Yes, they did. They also posted some photos of the event.

Can you provide a link to the photos?

Photo link is: http://ow.ly/user/CoIntellectCOO?t=photo (http://ow.ly/user/CoIntellectCOO?t=photo)
I saw the whole directory after following a short link included in a post (https://bitcointalk.org/index.php?topic=768402.msg10249528#msg10249528) in the huge Italian local board thread on Cointellect (https://bitcointalk.org/index.php?topic=768402.0).

For my experience with them it is not a scam, but their system is somehow strange.  About solo mining, yes they do not accept more than 1 mhs and there is 20% fee if you withdraw dogecoins. From solo mining with  1.2 mhs I earn around 1eur per 24 hours  which is 1.12 usd = 6600 dogecoins per day.  6600 dogecoins per day, how does it sounds? How much is 6600 -  20% fee = 5280 dogecoins. Everyday I withdraw between 5-6k dogecoins per day with 1 mhs.  I was mining doge in many pools, but with 35 mhs I could earn max 2500 coins per day.
Why to run 35 mhs for 2500 coins when I can run 1 mhs for 5k dogecoins even with 20% fee. Which option is more profitable?
I've purchased demo contract when I started and everything was fine, min 1.70 eur per day with it. Now I am on starter contract and soon will report.
I don't know why some peoples cry about paypal and cryptopay. I don't know another mining pool that lets you withdraw by paypal, do you?
Please, be objective before you say it is scam. Because of peoples that were saying it is scam I started mining there too late. I was mining on a loss with 35 mhs at anomining pool... If you have 2 ips become referal to yourself and put 1 mhs, and you will earn more.

And you never asked yourself how it is possible to offer such profitable mining?
Hint: It is NOT possible to mine that amount of coins with the given hasrates.

its gets suspicious when they constantly change the withdrawal limits. and yes i have had several issues withdrawing Doge from them. i even had a PayPal withdrawal that took nearly 10 days and that piss poor excuse of customer service couldn't even help.

Of course, it is not possible and I've had discussion with many peoples about this, but no one could figure this out. It is obvious, something is not clear, but as long as I earn I am happy.  I do not wonder anymore about how they do this. If they give why not to take?
20 hours contract and € 1.9266 so far.

 img = http://postimg.org/image/p648fxcv7/

Edit:
Customer support is not good - I got no response on couple mails. Only once I had problems with withdrawal by dogecoins. like 4 days they didn't arrive to my wallet, but funds was restored in my account.   I don't know about paypal, maybe they cannot process so much request per day if min limit is to low.

You are either dumb or you pretend to be dumb.

I almost wish you lose that money u ve invested into that scam website. But I m not that kind of person. Stop feeding ponzi websites and get out of there while you still can. Money does not fall down from the sky, if they will not explain how they provide that kind of payments it s because they CANNOT DO IT. So it s a scam.

Nevermind... Until I earn I will use them.

Music to a scammer's ears.

 ::)

My demo contract ended today,it delivered 17,18 euros,they don't allow to buy another demo.
I withdrowed (test) 5 euros Dogecoins and the got to my wallet same day (18-1-2015),sent them to kraken and turned them to btc.

Once more, no photos, no explanation how can they make money with such a low hash, IT S A SCAM.

Sent them an email asking for photos and explanation, guess what. No response.

I got news for you i just tried to withdraw dogecoins and guess what?
They changed the rules they need verification that i am human and they need my credit card for that.

http://s10.postimg.org/ey2yc950p/Screenshot_3.png (http://postimage.org/)
upload a gif (http://postimage.org/)

i send a message to a cointellect "friend" to tell them to go to hell and pulled the plug of my miner.
Not interested anymore they are  "unstable financial environment".

read my post above ,everything i wrote is true and my experience so far.

Withdraw only once per 24 hours.

Here i found a website who show all mining website who scam or seem to do scam.
And yes cointellect is inside of that list. You can also send a mail to their site to let them verify if
the website is safe.
Take a look !!
http://www.badbitcoin.org/thebadlist/index.htm#C (http://www.badbitcoin.org/thebadlist/index.htm#C)

Also ive tried my (1) gridseed blade on their website 1.5$ max a day
With 5 gridseed 1.5$ max a day
With my both graphic card 1.5$ max a day ...
Strange no?

Look like its a Pyramidal scheme

They posted some news. There are only two things I can read: "in future" and "soon"
I'm sure they are close to their end.

Damn..you guys didn't know how to research and google information or just suffer from lack oxygen when you born or what?

That 1.5 max information already explain many times, and they have posted their picture in their blog, and also the verification for withdrawing is not required if you have contract and their COO and other staff already have their identity for public, some people already arrange for a visit to their office and some cloud mining investor meet and talk with their COO in person in last week London Bitcoin Expo, many scammer have exposed less information than them.

Yes, there are some stuff that need more clarification and further disclose information, Scam or not, only time will tell and when you decide to invest it's your job to search all available information to secure your investment and accusing other for scam while showing your laziness or your brain neuron deficiency to find relevant information is douché.

firefightergr did you bought your demo contract with the live balance of your cointellect account? Because they earlier said (https://cointellect.com/news/) this could not verify account. You can verify it only by buying a contract (even only a demo one) with BTC or credit cards.


In the news, they didn't say you cannot withdraw only once every 24hr (https://cointellect.com/news/view/?id=45). They only said that will give priority to miners who cash their earnings without splitting in n-transactions. I know a lot of miner friends who are withdrawing this way - by splitting their amount in many microtransactions - and it is crazy to me. I suppose people at CoIntellect are just trying to avoide a chokepoint by reducing their workload with no or minimal fuss to customers.


+1. However, IMHO he's just trying to promote his own website.

Yes i bought the demo with the live balance and also did a withdraw of 5 euros-Dogecoins without any demand of credit card.
Now they demand a credit card to confirm i am human.
Why did they let withdraw the first time?
They change the rules everday putting obstacles to withdrawals.

They're asking you to verify the account because after 10€ (cumulative) of withdrawal you need to verify the account either by buying a demo contract (with BTC or credit cards) or by putting in your credit card data for identity verification. The first time, You have been able to withdraw without verifying your account because 5€ < 10€.


No, in this case they haven't. I'm mining with them since for almost 4 months by now and such a rule where still in place at the time i enrolled. Also when they gave the chance to buy contracts with accounts' live balance they stated that such a way wasn't able to verify accounts.

Ok in this case they haven't changed the rules,what about i can not trust them enough.

I do not give my credit card details around the net,the only "shops" i've trusted are paypal and amazon nobody else.
They must introduce some other way of verification.

I've never heard before about what "flash charge" is and no one demanded this before and what is the amount of it,i also have no way to check my credit card transaction until the next statement.

I do not want to put any cash in this but only produce with my miners and when i get enough live balance proceed to buy contracts,
i'm not in hurry to get rich.
So buying bitcoins is out of the question.

Why don't just create virtual card with 0$ inside.  I bought my contract with virtual card that I loaded only with enought money to buy contract, nothing more. They have my card info now, but I am not gonna load this card again. Isn't there bank in your country that offers virtual cards that you can create on line and as much as you wish?

Your case is strange, I used virtual card to buy starter contract and added money just for it. Already I could withdraw 13 eur in doge and no problem. How much they want to charge from your card  to prove you are human?

I do not know the amount they want to charge it is not mentioned,that by itself makes it unacceptable.

I don't know, it is unacceptable to withdraw from your card.  However try to mail them and ask. As I know in order to verify paypal they withdraw around 2.50$ from you card and then when you verify they put this withdrawn  amount in your account. Probably they do something like that, don't know because there was nothing like that in my account probably because i bought contract with card. Ask them, it is up to 3$ and if they put this back to your account, then doesn't seems problem.

Credit card verification can be done even without a charge. I know people in Italian board who only verified their account - since the didn't want to buy contracts - and no one was charged on their cards for the verification. I bought the demo at a time live balance couldn't be used to buy contracts and I got verified my account with no strange charge (only the exact amount of the Demo contract price) as well as earning a few € more.

i was verified after purchasing a contract with BTC. i would never give my cc info to unknown companies.

Since buying a contract with BTC is possible and can verify the account, It's a sensible choice.  ;)

+1

Guys its a scam/piramide.

On my one example I know what about .....

Looking & mining there  since nov. 2014.  Im able to proove my words.

Two weeks i am not able to wisdrow mined amount. Many tolks and nothing works. In the end of story some body will loose averything. And some thing tolkoing to me that this end is coming soon.... They  will tel yr any story.... for yr money of couse.
By now my loos id nothing  if to compere how many will be lost  by some people.

Remember my word. 20% commission for wisdrowal will exist forever.=) Jast DAMN them and smile....

There is no way me giving them cash nor bitcoins to purchase anything, i am out,i just wanted to put my miners to work and make profit mining.

Hope somebody wrote down some names from the bitcoin expo guys...

A friend of mine is now waiting 1 week for a dodge coin withdrawal. I warned him not to invest in this ponzi. Think we will see cointellect soon in Puppets 101 "collapsed list".

I can confirm that this is all true and guess what, you can't buy demo with BTC anymore and withdrawal for purchased contract do not work any more ....I have starter (purchased 4 month ago) and now i'm waiting more than 7 days to receive my doge coin (usually withdraw once per week not every day) but my friend have free acc and he got doge coin after 10 min (withdraw every day) !?
For @alphawow i have only one message  ;)
https://i.imgur.com/LXijS3d.png

just to let Your know what wil happend if  finally desigion to wisdrow (even with 20% fee) Doges will ocuur.... =)

Nothing will happened.. amount will be in process untill server restart. After that it will be returned for Yr acc...for future wisdrow try I gess=)

This game will be stoped when ?  I think sould be quait soon. Sach a solid amount of market affekted.. = ) We are whatching now begining of
the wary intr. story.  Let us by some popcorn and just look around.

Good luck To All of Yr !!! =)

Same message now for 6 days by cointellect and cryptopay :

"Great job!, Your payment is on the way. Please check your account shortly."

BUT NO PAYMENT AT ALL AND NO REPLY TO EMAIL   :-[

PS Read :"http://www.1a20.com/category/cointellect-com/

Several sources report this was posted on their facebook community page:


There is no reason a legitimate mining company could not pay out all its customers every day (/week whatever) from their mining revenue.
So it looks like another ponzi is collapsing.

All my dogecoin withdrawal requests are canceled  >:(

Yes, mine too wondered where that huge live balance suddenly came from :D


Wonder if it's better to withdraw 1million dodge wise or waiting for the  Mastercard?

Tested with 390.000 dodge withdraw right now....

well they sent me 32 Doge yesterday then canceled my withdrawal and today they had the audacity to send 4 doge and cancel my withdrawal.

32 Coins? Thought min. Amount is 0.10 euro which is around  600 coins?


Really strange, loved that HYIP but it seems sky is falling.

I would re-invest profits but without payments - nope.

Could you elaborate on the "friend of mine" withdrawal request? How much he requested to withdraw? He requested it to be made by Dogecoins, Paypal or Cryptopay? He has a verified account or not? When his request was made?

I made my last withdrawal request on January 27th and got them two days later. TxID: 578e126f326ada0bd553a375b4a2b5b50bc059c5fc70a48b135d5423cc070359 (http://dogechain.info/tx/578e126f326ada0bd553a375b4a2b5b50bc059c5fc70a48b135d5423cc070359).

Have contracts running until March but I think they will never pay me again because I ROI'ed.


Really thought this ponzi was running little bit longer but without fresh investors money it's collapsing. Who with a right mind is buying contracts now knowing they not even pay cents?


Was fun while it lasted, at least some million coins profit but was so close to re-invest.

Phewwww

they sent me an email today about re-investing. i said no way.

+1
No one is so dumb to give them money with no interest and with no option to withdraw...Only free acc working fine (daily withdrawals)..so change your IP make new free acc and You take their money...:)

I sent them an email with my Dogecoin address asking to withdraw my earnings.

their answer

"Thank you for choosing CoIntellect. We are happy to have you onboard.

The account verification is a necessary security measure to prevent fraudulent transactions and auto-bot registrations it will trigger when you try to withdraw Ђ10 or more and even without withdrawing due to your account usage. The verification system has always been online and is the same whether you withdraw by Euros or Dogecoins and is a REQUIRED process at the moment. We charge Ђ1 or equivalent to your card to make sure it's yours. The charge creates a unique transaction identifier and this way we can verify your account.

As much as we want to help you, we cannot manually override the automated system and manually verify your account. This would compromise our security and be unfair to the majority of our other users who go through the same verification process without any issues. We hope you understand.

However, we implemented a change in coordination with our merchant banks wherein users who buy a contract will no longer be required to be verified when making a withdrawal. So we suggest exploring the option of purchasing one of our contracts, even the Demo one, to bypass this anti-bot verification. If you do not have a valid card, you can use Bitcoins to purchase. Fortunately, purchasing Bitcoins is pretty simple these days. We recommend using Cryptopay https://cryptopay.me/ our partner solution for Bitcoin transactions.

Should you have any other questions feel free to ask, we are happy to help you with your mining experience."

I did buy their demo contract,not with CC or BTC but with my earnings and the fact that i am writing them does not convince them i am human.

i asked them why they were only paying out a few doge per withdrawal, this is the response i got. mind you, i have nearly 48 Euros still showing as in withdrawal.

Hello, thanks for choosing CoIntellect!

We want to thank you for your continued support and confidence despite the prolonged issues that we are facing in bringing back the quick and constant availability of withdrawals that we had before.

We apologize for any inconvenience this delay has caused. Please allow us some more time to work through all pending payments and process your transaction. As always, we assure you that despite the unavoidable delay, all requests are being honored and all users will receive what is due to them.

In the meantime, please consider compounding your earnings until all withdrawal methods are working normally again. Or if you still choose to withdraw, we suggest withdrawing higher amounts in fewer transactions to facilitate a quicker processing in the queue.

Our team is already working in long term solutions for these payout issues. We can mention as one of these solutions, the MasterCard cash card that we recently announced.

We apologize if we still cannot give out the specific date of its release for all users. Our management team is still finalizing the complete details of its roll out, including cost, method of purchase, and mailing logistics.

Once we are ready with all information, we will of course make an official announcement and you will see the card available online.

Have a great day!

Regards, Ahmed.
CoIntellect, Customer Support and Sales.
CoIntellect.com | mining done right |

They are just to funny.....Give me your money, give me your money... hahahahha

cointellect paid perfectly for a long time
but nowadays they have some problem
it will be red flag
must be carefully if you want make invest here..

No way they will issue a debit card. Without payouts they will have a ton of cc chargebacks at the end of the month.
Oh wait, they will tell us that we are responsible that they can't issue a debit card because our chargeback claims. :D

I just published my unbiased review of Cointellect's services here :

http://www.cryptoarticles.com/crypto-news/cointellect-review-some-shortcomings-that-need-to-be-addressed-but-not-a-scam

No issues for me so far, but keeping a close eye on it :)

unbiased -> are you kidding?
This is a fanboys article. Some people are waiting for 2 weeks now for their withdrawals. Do you pay them?

You did some mining calculations? No

Did you even bother to read the damn thing? Or are you just blabbing like everyone else based on "hearsay"?

"Note from the author : I am a paying Cointellect customer myself. The review of this service does not condone the services provided by Cointellect, as we are not telling you to “invest and get rich”. These are my personal experiences from using their service, and should not influence your decision making at any point."

Yep, I did:
"The pressing questions is : "is Cointellect a scam or not"? My answer to that question would be " no, it isn't".
Granted, they have some shortcomings, but that is to expected from a brand new cloud mining company."

No, it is NOT because of mining. If they can mine that amount of coins there won't be any issue.
Again, you did some mining calculations? No, else you won't say they are legit.
This is just an bad elaborated article.

[/url][/url]
Hahaha this is ridiculous. look what he write :

Personally, I have not experienced any issues with my mining contracts so far, as everything seems to be in order. Then again, I have not yet attempted to withdraw any of my earnings, as I am saving up my balance to purchase an additional contract. Whether this is a wise decision or not, only time will tell. But I have confidence in Cointellect right now.
I'm sorry its not you but be aware of this website don't invest money ..

AND HOW CAN YOU SAY ITS NOT A SCAM ...
you are not the one who invest money in this website and never received 1 penny (i dont talk about the fake demo contract)

Better look this one, a true review of this website : https://www.youtube.com/watch?v=ln6lIJdTyhQ (https://www.youtube.com/watch?v=ln6lIJdTyhQ)

P.S there is no cryptocurrency ATM who gave so much reward ( And they mine dogecoin ) and they are not able to pay people ... and I. All whitdraw are refused, and when you write to them they say bla bla little problem you gonna get pay ... After 1 month without paiements who can you really believe?

http://s17.postimg.org/tr33bbm8v/Capture.jpg (http://s17.postimg.org/tr33bbm8v/Capture.jpg)


The only person who withdraw money is Daniel Fonseca and Diane Milic the P.D.G of cointellect and he just bought a new yacht with all our money !!

So ... Please guy stay away from this website

Payments and communication stopped, the game is over :)

I totally agree.
My payments were also pending since 3 days and I have sent a hateful email to them.
There will be more of this kind of websites if idiots like us keep trusting them.

Very lucky once
Fortunately, I already withdraw all my coins since few days ago ;D

It has been a nice ride, while it lasted!  :D

+1
It’s been over two weeks since the majority of the members got paid. Debitcard and others bla,bla is just to kill time to pack up and go. For now only withdrawals from free acc goes smoothly. So, i will ride it as long as that option working  ;)

It looks over indeed..

Regarding the "live" feed of the DC @ http://dc.cointellect.com/ , could that be just on a loop with a timestamp generated by the server? This would explain why the date, etc is missing from the paused video.
It also explains why it looks 100% the same as last time i checked, a few weeks ago..

No payouts anymore,hands away.I was lucky just mining on my computer.Got nice money from them till they did pay out.

Last time I had a look on that webcam some racks were open and the poster on the upper right corner started to peel off from the wall. For me this one is different now.

I still hope that everything will be OK.

Today they responded my email regarding my pending DOGE payout:



I'm mining with my ASIC and I have nothing to lose but the money I will have to pay for the electricity bill.

I don't think this will last for a long time. Better to move to another pool atleast Eobot. I think Eobot will last more than cointellect as many users are mining to pool which find blocks. Remember, I am not suggesting you to move on to Eobot but it is better than cointellect. If you ask me, I would recommend using Nicehash or Multipool or Cex.io as there is merge mining.


It is the biggest lose. Even if we have a best ASIC miner(s), if electricity costs are high, we will get a -ve ROI.

   -MZ

Yep, for now the problem is that cointellect didn't want our Asic miner. My gridseed blade on their website shot like 500 kh/s max ... now im on multipool with cryptsy. Its alot slower but it works at least ..

we can see a lot of pending withdraws..
i was a sweet dream
some people really earn with this populer ponzi
but  story end..

it's not surprise if it's really collapse
it's ponzi
and all ponzi will be a scam one day..

Indeed they are scam.
1. Have you noticed their Webcam has time of China and day written in chinese whereas they say they are located somewhere else (tallin)
2. See their pool hash graph moving up and down randomly? Disconnect your Internet and it won't give you any error and will continue to show up and downs of has rate.
3. The miner software will show incremental increase in doge coin rather tha showing your hashes being accepted or not? (I am not sure for this point if I am right?)

I don't know about that. It might be a name of any company or person or similar who offered this service/app. Did you translate the word and where did you find the webcam?


This is also a normal thing AFAIK. Even the real cloud mining websites show like this and I am sure they aren't taking the hashrate from their miner but just an animated hashrate.


All cloud mining should show their accepted hashes but normally, no cloud mining shows it, just incremental increase of coin X.

   -MZ

is there anybody who can take money from cointellect in past 3 days?
can we confirm that, they are scam?

I have a pending payout request for almost one week now but let's not put the SCAM label yet on them. Maybe they try to resolve the CryptoPay and PayPal issue first. I'm still hoping.

Seeing as you were not satisfied with my review, I made a withdrawal request today & got paid within a few hours.

Screenie :

https://i.imgur.com/rm0WMU7.jpg

Maybe I was just lucky, I honestly can't tell....But at least I got something out of it :)

Wow, that's good news. Do you have a Basic contract or higher with them?

Pilot contract (25 MH/s) :)

That's why. Pilot contract is now at the value of Basic in the past. They changed the contracts name and prices. Anyway the future is still bright. If their intention was to steal money they could steal from Pilot contract users as well. So they didn't.

Well As I said , it might be pure luck, I have no idea :)

I know someone with Pilot who received not a single payout since more than 2 weeks.

That's interesting. I have a Pilot and a Basic contract. I attempted a withdrawal yesterday after reading up on this fourm over the last few days and it's still pending today. After seeing your successful withdrawal image posted today I again attempted to put another withdrawal request through the system in case anything changed since yesterday. Hopefully I'll have the same luck. I'll report back here later tonight.

todays Dogecoin withdrawal look like take a long long time to complete
still waiting the payment

Don't get your hopes up, i've been waiting for over 2 weeks now without a response at all from support.

You figure that if there pool was really bringing in all this extra then they should have the doge to pay out but obviously not. Seems to me like they only pay out when they have enough to pay similar to a ponzi. In a normal mining world 300khs will not result you to $1.5 euros.

They give all our real money to the low level gridseed miners!

I could see that. I have yet to see any progress with either of my two requests so far. I doubled checked the image above on the DogeChain and it matches up as a real transaction. So I feel like this is either:

1) Real
2) Photoshop'd to look real
3) Cointellect is only paying out people who have never withdrawn before in order to potentially suck them in farther (Buy Additional Contracts) before cutting them off

trust me, it's not photoshopped, and to be honest, I was as surprised as any of you :)

it's definitely real, but option 3 might be a factor :)

from my test PC
I'm withdrawing every 2-3 days, 6th payment still come 2 days ago..going to withdraw the 7th tomorrow.

939f1316c48674a0a6f9e9f5a20cfc7954edf023dc92a5a3046dbd63a10d8197

my other withdraw since 26 Jan
Date                         Transaction ID
Feb 02, 2015 2:19:37   9bf680e6dd34ed368e6a4eb44bb2dd70ee7be3459998a0d72ab2210da3f5b4bc   
Jan 31, 2015 1:42:39    52745989e8924a108635686ab81f20d4a5da40409b96a8779f4eaa75028f8d2c   
Jan 29, 2015 2:37:30   250782724459987858379484b184e8757b62c2df7f5af1260c8d9cfe3c593ef9   
Jan 28, 2015 2:09:36   d6526b08be2b715986e4ed93a97af9414841378de6d7aa057e2e28f0a90ef10b   
Jan 26, 2015 3:45:14   74c9757736ec92d13d14fed4de2568b026ac458f5938b4bcac96700ac41efd33

http://http://i1122.photobucket.com/albums/l529/Mauriek_Putranta/payout_zpsdaacfd70.jpg (http://s1122.photobucket.com/user/Mauriek_Putranta/media/payout_zpsdaacfd70.jpg.html)

not pay?  :'(

http://8pic.ir/images/89r9wn7p8wxkxsbmrhuv.png

I'm not receiving any problems with withdrawals. (I usually withdraw a small amount whenever someone claims a payment has been delayed by x number of weeks.) Hopefully I can get my gridseed command line corrected soon to see what happens after the €10 threshold is passed. (I think cpuminer is using my cpu rather than my 330kh/s gridseed, so I can only withdraw small amounts at the moment). Should I see an increase in coinminer with gridseed or will coinminer still be inspecting my cpu/gpu and I should look at my dashboard?

I tried withdraw € 11.74 got this message more than a day

Please hang in there a second...
Please hang out a moment while we process your payment... ???
https://cointellect.com/payment/wait/?id=10225***

Hi all...

My last successful withdrawal was on December, 26th, 2014.
Since then I've tried to withdraw on the January:
      13th - payment was canceled and amount returned to my balance within 4 days.
      30th - payment was canceled and amount returned to my balance within 5 hours.
      30th (second try) - payment is pending since this date so it is already 10 days - no return to balance, no message, only "Wait for executed".  

On one hand, I'd like to understand they are arranging many of new features and contracts with PayPal and CryptoPay as they state in their last news...but I'm little bit nervous from this situation on the other hand...

I don't want to classify them for the scamers for the moment but all those problems really sucks.
If they keep us at least informed what is going on as they surely know that their users stress is increased by each minute.

Providing (and hoping) they are not scammers and that it is real fact that their dogecoin queue is clogged - making any trial withdrawal by thousand of users in order only to try out if it is working can make the situation only worse...

So, I'll try to be still patient for the moment even if I don't like the situation at all...and even if I'm on the hook to withdraw some small amount to see if the situation has changed...

I have 3 Starter and 1 Pilot contracts....

Wishing luck to all of us entangled with the Cointellect....

no pay?

cointellect scam?

few of my friends got the current issue as when they request withdrawal , the amount is gone and few days later the amount is back onto live balance, does anyone lucky enough to get paid beside jdebunt?

i have being paid every day till now

now its pending from this morning

i heard a lot of pending withdraws news with cointellect
they mean red flag for this system
must be carefully...

 ;D         


               Error

Solo earnings may be used only for contract purchases

 ;D

This is today morning news =)  Hoy miners !  So Yr may mine with aim to make a gift or donate (what eve is sound better for YR )

as even some day yr will buy the contract..... Ho said to YOUR that those money will be returned .... ?

The ponzi collapsing quait fast. Sad to admit but  looks like game is over.

As it was already mentioned here.... It doesn't mean anything that the blocked amount is returned back to the live balance if you can't withdraw it.
Live balance is only the number shown on webpage.
Only successfuly withdrawn doge, btc or EUR have value...

I thing we have to be patient and not trying putting load to the dogecoin queue - this can make thing only worse if it is really "overloaded"...

I can understand it is like that because of the following:

1) Many users have not other choice than withdraw dogecoins as the PayPal payout is temporary stopped and they have not the minimum Basic contract to withdraw BTC. So it means that the dogecoin queue is really stucked by requests that usualy take place by PayPal or CryptoPay.

2) This also means that Cointellect must process more payouts by Dogecoins and their Dogecoins payout limit is reached very soon... Imagine - you are the company manufacturing any products with the aim to grow...you have also some limits for paying invoices, for products on stock, for number of employees, for cash payments, for energy costs, etc. Cointellect is not the exception (providing they are not scammers)

3) So, if you thing of thousands or hundred thousands of people that keep to withdraw small amounts every day - it can be really problem.
    If you can, don't withdraw small amounts now. It is exactly what Cointellect advices in their last news... You have nothing to loose - if withdrawal does not work because the queue is    full or because Cointellect doesn't own so many doges to satisfy everyone (if it is Ponzi or not), you will get nothing anyway. The only result will be the queue still more full... Try to wait and withdraw only higher amounts, e.g. once a week or still less frequently. All of us can only profit from this. If the balance is only numbers, anyway our withdrawal requests change nothing. If there are really technical issues, we have to help to unblock the queue and the way is to limit our small amounts requests...

4) If the queue is full and users requests are not satisfied so smoothly as before - panic begins to spread out over the users, forums...and everyone with any balance tries to get payout   as soon as possible - and it again leads to the full payout queue or to Cointellect's dogecoin limits ran out...

By my opinion, we have to keep calm, don't withdraw the small amounts (or don't withdraw too often)...
If the are scammers, we are already loosers and it will not save our investments anyway if they will occassionaly pay the EUR 10 to some of us .
If they are not scammers we can only profit by our patience and helping to make things going smoothly again...

from the look of it im pretty sure it is collapsing, oh well, all ponzi goes the same way , either faster or sooner they will shut down operation or scam

Now it is over, 100% ponzi scheme  (before it was only 70-80% ponzi) , check the new contracts :

https://bitcointalk.org/index.php?topic=768402.msg10405051#msg10405051

So it will be gone in a month or 2 from now

Smile on Your =)

Like a kid.....  O yes... Stay calm amd make bums ready for use =)) Good lack to your and yr  health but seems its better to stop well time before yrs bumes will be used by ponzi like this=)

Come on guys, use your mind:

How can they pay > 1 Euro per day for mining with low hashrates while established multipools struggle at around 20k satoshi per MH/s per day?
I mined a few days with 2 gridseeds at 360 kh/s. Although most of the day (using my own mining software) there were a lot of disconnects, I made around 1.40 Eur/day. Did they find a secret coin with awesome profitability?

No! They wanted you to buy their contacts using FIAT, nothing else. Of course they had to pay some users from time to time in order to encourage people to invest more and more. Nothing else than the other scam services.

I was able to withdraw 5 Euro from my funds in Doge. After this first withdrawal, I got stuck at the anti-bot-verification. Even my credit cards didn't work to verify my account so they required me to buy contracts with FIAT or BTC (I didn't do that. Don't see a reason to pay in order to get my funds).

I don't know, I've stopped to "mining" at cointellect a couple of months ago ( Sep-Oct). I would like to know if someone here (now) want to buy a contract or not ::).

Hi all BIG NEWS FROM CO INTELLECT !!!

A'hoy Miners,
 
We want to begin this announcement with a formal apology for the recent lack of communication. As you can imagine, Bitcoin’s volatile downtrend has put us in a difficult situation and we have been hard at work resolving payout concerns. To help us remain on track, we have decided to roll out support for the mining of additional cryptocurrencies - namely the ASIC resistant coins. Similar to a multi-pool, this will enable us to target the most profitable coins and maximize revenue for all parties.
 
In anticipation of this change, we will slowly begin to restructure our platform and phase out obsolete contracts. A combination of rising network difficulty and competition are beginning to render many of our introductory contracts futile. While those with recent purchases will continue to receive earnings, the Demo, Starter, and Pilot contracts will eventually be phased out and replaced with variable contracts.
 
Following our next platform update, earnings from existing contract plans will be revamped to more accurately reflect Bitcoin’s current price. Furthermore, solo-mined earnings will be restricted for use only with contract purchases.
 
We do want to emphasize that our team understands the frustration and inconveniences these recent changes may pose. Cryptocurrency mining is an unpredictable business with many risks. We do ask our users to remain aware of these risks and approach the industry with reason. As a mining service provider, we are caught in the midst of the recent economic turbulence and have little recourse outside of our recent platform changes. Despite the inconveniences, we are confident our plan of action moving forward is greatly preferable than those of our competitors.
 
We thank you for your continued understanding during these difficult times.
 
Sincerely,
CoIntellect Staff

DAMN !!! NOW ALL WITHDRAW METHOD ARE REMOVED .. Its getting worst than never ..

I did paiment by bitcoin for Demo contr.   Acc is verified but wisdrow not available more thwn two weeks/

All the ways same story every day. In the morning @collect@ button pushed and untill server restart wisdroed

amount kept as "processed". After restart it comes back to "regular" position=) Its like a geme now (to wisdrow o not to wisdrow) :)

Just found back one of their account (https://bitcointalk.org/index.php?action=profile;u=380606) (uid:380606) here on bitcointalk.org.

From my understanding and experience with the other scams/ponzis, this is the translation:

We had a lack of ideas how to explain you that we don't want to pay but still need more money from you. Now we finally found one.

We didn't expect that our ponzi will collapse so soon. But no problem, WE will still make money.

With an increased price of our contracts. We will change our system that you are no longer will be able to use your ASICs, only CPU and GPU. This way we can ensure it will take ages you earned enough to buy our expensive contracts without spending FIAT or BTC.

We are working hard to bring scam to a new level. Our new plans will be even more expensive so that will need to invest more money. Our staff ordered some Ferrari's that we need to pay.

Go on wasting your energy, you can buy our valueable contracts that make us rich.

There are even worse scammers than we are

Nearly every crypto investment is a scam. You could have lost your money somewhere else, so why thank you that you chose us. Soon we will prepare a new idea how to scam you, be patient.

We know but we don't care. Shit happens.

You still invested in other scams and ponzis although you knew they were not legit, so please donate more of your money/coins to us. We ensure you to have a great time with girls, drinks and party with your money.

WOW LOOK THEIR NEW CONTRACT BEFORE AND AFTER GOOD DEAL !!


BEFORE

http://postimg.org/image/nydxs4ugp/ (http://postimg.org/image/nydxs4ugp/)

AFTER

http://postimg.org/image/phbguedqj/ (http://postimg.org/image/phbguedqj/)

50% LESS THAN BEFORE

Hahaha ridiculous ...
Please don't buy no contract from them. I put more than 300$ on their website and where is that money?
In their pocket. Be aware. FRAUD AND PONZI !!!
NEVER GET ANY MONEY FROM THEM 0$

they are going to collapse
it's very clear
must be far away from them

this payment from cointellect. click Angelina Femmy (http://cointelegraph.com/news/112424/is-cointellect-a-scam)

is there any one get paid from them today ???

Since friday there is no payout on dogecoin, and since 3 week no paiements from paypal or crytopay.
but i never been able to withdraw nothing so ..

The latest broadcasts from various social media circuits are reporting a halt in Cointellect’s payment withdrawal process, further solidifying the company’s “Ponzi scheme” tag.

The Dogecoin-based cloud mining company have always been grilled by its users and onlookers for a series of issues, ranging from exaggerated service claims to hosting malicious entities on its website. And over the last months, customers have constantly been complaining regarding deliberate transaction delays. The latest reports of frozen funds however are ten-steps ahead — probably a final nail in the coffin — that has left users disappointed and agitated.

ponzi scheme

“I was a Cointellect user for several months,” recalled one of the Cointellect customers who said:

“I had three gridseeds running, each with its own raspberry pi as a host and an individual user/worker at Cointellect. I was able to make about 1 million Dogecoin, but lost quite a few by trading on Cryptsy. Unfortunately Cointellect stopped to process payouts three days ago. They show you the “success-site” when you try to withdraw, but they don’t transfer your coins anymore.”

This sentiment has been shared by other Cointellect customers as well, all of whom have reported similar exploitation by the company.

In an interview given to cryptocurrency news website CoinTelegraph last week, Cointellect COO Helder Rodrigues rubbished such reports. He simply blamed the entire thing on the volume of requests which turned out be more than what they originally anticipated during the holiday season. However, there has been no update on the halt in payment withdrawals up until this time of writing. The company’s Twitter page, as we see, is busy promoting their services every 15 minutes.

At press time, we are not sure whether Cointellect has disappeared with users’ money or not. But the entire episode indeed smells like a rotten fish. Stay tuned for more updates on this story.

Image Credits: Cointellect and Flickr

i didnt see any withdraw since last friday
i think we will not see next days too

I have two recent pending transactions each for $100 from a few days ago. I did notice however when clicking on the withdrawal page where is shows your history of withdrawal requests there is an error page stating "Error. Sorry, this page is under maintenance, please try again after 10 Feb 4:00"

So hopefully something clears up tomorrow on that page, or they make a new announcement. Sounds like something is getting changed for tomorrow. 

Latest News from Cointellect:

Published at Feb 10, 2015 4:26:19 PM
Greetings Shibes,

We have some positive news to share regarding our recent progress with payouts. Starting today, any Basic, Starter and Pilot contracts purchased after January 1st
will have their CryptoPay payouts enabled. Furthermore, A1, A2 and premium contracts will also be eligible for CryptoPay withdrawals.

We are currently working on enabling Cryptopay for Expert contract owners, SwissCard is available free of charge for expert contracts.

All withdrawal fees have been waived.

Additionally, any users that wish to request their Crypto-debit Swiss cards can do so by visiting the request page at the link below:

https://cointellect.com/firstswisscard/request/

To The Moon!

Warm Regards,
CoIntellect Staff


But... ALL my Live Balance has moved to the Held status so even if I would like to use their CryptoPay option as I've purchased 3 Starter and 1 Pilot contracts, it it simply impossible... Again they play same game with us and our nerves...

I have different problem.

I have bought a "Starter" contract on December 3rd. This contract expire date is March 3rd but since yesterday they have decided close it and just put it as expired. (I have three more weeks).
My second starter contact i bought in January 24th and is currently running (but with the new so called payout amount 1.1 EURO instead of 2.2.

In all matters of legitimacy this is against the law.

Today i noticed that all my balance moved to held.

Something is fishy!!!

That's interesting I have a starter from December 13th that's still active, but it is running as the new payout along with all my other contracts. My balance is also in the "held" state.

Clicking on the withdrawal total link going to the payout log page I noticed that my full account balance (that's held) says "on hold" under the method of "swiss card". So I'm not quite sure what that means. I also noticed it says the swiss card is free of charge to expert contract users... but I'm still able to fill out the form to request one even without that status. Not sure if I'll be charged a fee for the card request or not. They're not very clear on the details.

There is a simple reason to held earnings from contracts purchased before jan 1st: Preventing people from withdrawing real profits (If they paid the amount showed on old contracts page everyday in full, old contracts should have reached break even already).
This combined with lower earnings will keep their ponzi at life for some time.

@hashpower
If you think something is fishy, remove your ref. link from sig.

In terms of use, it's already written like they can change contracts as they wish. But there is NO agreement in contract purchases. So this f***kig agreement has no meaning because they can change anything anytime in it... only we can do nothing is daily earnings... these are explained in purchase page. So it is OK. But, removing contract is against law, changing your new contracts daily earning without changing ending date is also against law! Yeah, check your left active contracts... ending date is same as before (not 6 month), earnings are low.

Time to go to EU courts immediately... and EU courts love such cases!.. we can open a page for digital signing.

Is CryptoPay available for anybody yet as they're stating? For anyone with contracts purchased after Jan 1st? I have a couple before that point and a couple after that point and not seeing any option to withdraw yet.

For me is the same - I have the Pilot contract from the last Saturday but there is no payout option enabled for the moment.
Moreover, they even don't observe the new contract earning rates. I have 3 Starter and 1 Pilot active.
Today total earning is EUR 5.5 including the EUR 0.8 from the miner.

So, as everyone can easily calculate:

Promissed minimum contracts earning:
3xStarter + 1xPilot = 3x1.10 + 3.32 = 6.62

Reality: today Total 5.5 - 0.8 = 4.7

So if it is as they declared I could have EUR 7.42 in today total (contracts + miner) but I have 5.5 only...  

It is 40 minutes before the midnight (of their time) so I don't thing the contracts will earn the missed 1.92 €...

I also find it interesting how all the previous made money has been put on hold, but my earnings from today are in my Live Balance. Which is about 1/3 the daily payout that I was previously getting.

Exactly... They are a big assholes and what they did since this year begining is only a big fraud made to all trustful users :(

even if they give you out 10 EUR i dont think it is possible to withdraw from that site, i got few friends that cant withdraw there, though i warn them from the very first day not to put in anything there

I am quite sure it is as you say... You know, all what we can do is to monitor current situation and tell our disillusion to the world - sometime it helps to disolve adrenaline from our veins :D :D :D It is all we can do for the moment ;)  Maybe it will help to the new potential Cointellect's user to think twice before being catched into their game...

Latest email from Cointellect:

Hello again,

Thanks for the continued support and preference for CoIntellect, your
number one cloud hashing resource.

Following the changes in the cryptocurrency market and in accordance to
our Terms of Service, we are forced to update our platform features in
order to adapt our business model to the current environment and we
would like to give you an explanation about the new changes. Please
review all the information and let us know if you need some
clarification about this statements.

CANCELLED AND FROZEN CONTRACTS

Older lower tier contracts are cancelled as they have been rendered
obsolete and unprofitable due to rising difficulty and competition.
Contracts purchased recently will remain active but will receive a
variable daily earning which is based on the current BTC price.

Higher tier contracts are temporarily frozen until such a time that BTC
prices rise to normal levels and we can decide how to proceed
accordingly.


PAYOUTS

Some pending withdrawals will be voided and cancelled, especially if you
have already successfully withdrawn more than your initial contract
investment.

As mentioned in our News post here
https://cointellect.com/news/view/?id=47, all withdrawal fees have been
waived.

Furthermore, any Basic, Starter and Pilot contracts purchased after
January 1st will have their CryptoPay payouts enabled from today. A1, A2
and premium contracts will also be eligible for CryptoPay withdrawals.

We are currently working on enabling Cryptopay, in addition to the First
Swiss Card which is available free of charge, to Expert contract
holders.

Additionally, any users that wish to request their Crypto-debit First
Swiss cards can do so by visiting the request page at the link below:

https://cointellect.com/firstswisscard/request/


LIVE BALANCE

The amount in the Live Balance of all users is temporarily put on hold.
We cannot specify a date when these will be ready for processing, so
please check back periodically on your payout history and withdrawal
pages.

Furthermore, solo-mining earnings cannot be withdrawn and can only be
used now for contract purchases.


REFUND

If your total successful withdrawals has not reached your total contract
purchases, you may be eligible for a one time refund of the difference.
This refund will void and nullify all your existing contracts. However,
your account will remain active in case you wish to continue using our
platform for solo mining and contract purchases in the future.

If you paid by credit card for your purchase, we will try to refund part
of or the full amount of the transaction if it is still possible.
Otherwise, you may start charge back proceedings with your issuing bank
as you wish.

If you did not pay by card, the refund will be processed through our
partner First Swiss Card, which we will send free of charge to you. If
you opt for this method, please send us your username and a screenshot
of your Statement Page so we can review if you are indeed qualified for
the refund. If so, we will also need your complete name and address.

We understand that these measures may be difficult at first for some
users, but they remain to be preferable than other alternatives which
will make it almost impossible for us to stay in business in these very
turbulent times. We thank you for your continued support and
understanding.

Regards, Luis.
CoIntellect, Customer Support and Sales.
CoIntellect.com | mining done right |

I really like their self-confidence in the first sentence: ...your
number one cloud hashing resource...

Yes, I really thing so.... Maybe I can adapt it little:  ...your
number one scamming resource... A'hoy miners :D Greetings, Shibes... :D Mining done right :)

I am curious if the last statement (REFUND) is really getting in force... Oh, I think I know... :D

So, total balance: All users have their earnings frozen (i.e. spent by Cointellect staff) and they start the new Ponzi from scratch... ;) To the moon!!! :)

Luckily i held of a few weeks ago when i had the chance to upgrade..

While it maybe in the terms, it isn't legal in any way to void/cancel running contracts..
EVEN when they ROI'd.. These were 6-24 month contracts, this is the term you agreed on at purchase.
You can't legally void these, even while it may be in the "hidden" terms.
This is the case in The Netherlands at least. Such important things have to be told upfront (so instead of 12m, it should said up to 12m, can be cancelled at any moment)
What is just plain illegal is cancelling any withdrawals on the live balance and voiding them. These funds are already earned, and are legally yours.

Very untrustworthy firm.. No one will invest anymore if they don't even honor their current running contracts..
I know they are not the first to cancel contracts that are no longer profitable, but most of those cloud miners were in China, the US, etc.
To avoid legal problems, they should just suspend contracts indefinately, until things change. And offer the owner of the contract the chance to cancel or upgrade.

If i had my balance stolen and/or contract voided i would inform the local and EU institutions, and maybe even law enforcement (if they don't retract the cancellations)

The only "Thank God" thing is my account has already reached 80% ROI... With left contracts i can easyly close the ROI complately...
If they want to continue the sheme, they have to start payments again...

But about profit... if they pay all the left contracts i think i'll have 50-60euros profit after more than 5 month...

 >:( simple waste of time...

This is pure bullshit and i believe that everyone was right a SCAM!!!!!
I have removed my affiliate signature and can not recommend on them anymore.

don't spend your time in here
Cointellect is scam and i don't thing they can be return
if they give red alarm one time, it will be never good again anymore..

Lol, they delete all negative comments in facebook pages and mark people as spammers. Nice vision... hahahahah!

I don't get why they are cancelling running contracts and withdrawals instead of just temporarily suspending them, which is legal.
They make themselves liable, which isn't that great of a business plan.. Everyone that has their account/withdrawal voided or cancellend is in their right to sue.
Even when some say it could be a temporary thing. As of the moment they cancelled, they are in breach of contract, no matter what the Terms of Service say.

This is exactly what I said in my last posting. Now they show their face. They will do everything to prevent people from withdrawing profits to keep their ponzi running.

Real ponzi shht.
They reduced the amount received each day for my 3 starter contract
but if i calculate 3 month at 2.22 = 199$ ... but those contract cost me 300$ There is a HUGE PROBLEM
That awesome !! And im not even sure they gonna give me 1 penny one day ... ::)

this is too bad
it show us , we cant trust them

It was clear that they could not trust from the outset.

apparently they are issuing refunds now for contracts which haven't ROI'ed yet. I requested a refund so I'll keep you updated on how this goes :)

At the moment are not paying and the delay of payment will amount to 2 months in my situation. More than 1500€ >:(  >:(

Due to my hesitance to take up a contact, and Cointellect paying on time, I will continue to tweek my asic with Cointellect's pool.  :-\
I take it that the owner of the Rise of Cointellect channel has bailed? I can't find any of his cool videos on youtube.

Don't bother - Solo earnings can't be withdrawn either

I'm curious what is the min balance to withdraw by CryptoPay.
The "Temporary unavailable" changed to "Waiting for balance" message.
And WTF balance? My number written under the Live balance or the Cointellect's balance from which they process payments? ;)

Wow sick dude. You can't trust no one anymore.

Some people still trust this system
i m sad but they cant return

most probabbly "waiting for balance", means waiting for a balance of 10 euro

Thank you for your answer but my Live balance amounts to 25€ right now and "Waiting for balance" continues to appear so no payout possible...

their f*** scumbags. I'm local and I will not let them go away with this.. Estonia has pretty good customer protection.

facebook pages have been set now so that nobody can post messages...

Wow, totally sick! I'll let you guys mourn a little more.  :-X

I guess they are waiting for their weekly limit (100.000 EUR apparently) to be reset? Definitely has nothing to do with the amount in your live balance, that's for sure :)

cointellect now coin without tellect

Maybe they were afraid of people ranting against them verbal abuse!  ;D

In the Russian section, there are reports of the successful withdrawal of funds through Cryptopay with "Demo" contract.
https://bitcointalk.org/index.php?topic=778642.msg10467028#msg10467028

If CryptoPay still disabled in your account then simply purchase at least starter with your internal balance unless you haven't got any expert contracts.

Hint: Last 6 digit of Deposit ID indicates payment date.

https://i.imgur.com/gHQmag5.png

Well there not much of a company if you do the math...

First of all there WHOLE website is based of NULLED themes, why I say nulled is because when you use a theme that you purchase you don't normally go through the hole thing changing style names to not match the original theme. If you paid for a theme then you wouldn't care about some style names that are traceable back to the original theme

   Evidence - http://themeforest.net/item/bracket-responsive-bootstrap-3-admin-template/full_screen_preview/6894362

Next thing is there hash rate meter is just a javascript ticker that is originally based off nothing. If you purchase a contract the portion that states how much of there hash rate is unused should change to a lesser value in which it does not meaning it is just using a floating number.

Very slow loading interface normally means sloppy programming based on page loading and element changing.


There are a lot of things that should represent a reputable company and a non reputable company and this company screams SCAM!!!


Oh and not to mention, for all of you that think there dc video is real. Its a posted loop that is hosted in china and relayed to a server located in miami. A simple source code evaluation will reveal a Chinese hosted server with the video file located on it!

Has anybody tried this yet?

whats this bullshit on my account about a swiss card?

#SCAMALERT

i have tryied to use it, but sucks! its not mining. its giving your processor to unknown usage, which in return they will pay you in BTC.
oh.. by the way... you CANNOT withdraw funds, you can only use them in website for Mining rental...

what you think? you mine, to buy miners.... this does not make sense to me. i was out.

PROOF:

https://i.imgur.com/k6Tcr4l.png

https://i.imgur.com/tMV8JR6.png


if this helped you out in any way follow my twitter:
@cryptovigilante and subscribe to my channel so i can grow and help prevent or minimize scammers.
or donate :)

soon i will talk about Cointelect in my channel.
https://www.youtube.com/channel/UCkIyXoZjyzIbcY2ENTzPr5g

hey hey! i was once scammed too, but now i try to protect our beloved brothers worldwide from scams.

i understand your analogy.. and its nice to be a recent youtuber, and realising this.

proof of my scam: https://www.youtube.com/watch?v=K6h7VNBy7Bg

plz help me by following twitter and subscribe on youtube, so i can spread word with real proof! even if it takes me a few bucks, i believe that this is one niche that the community lacks.
researching scammers is a wasteful work, but might help someone in the end of the day not to cry/get into depression/kill itself/etc.


one thing scammers dont understand... they affect pplz lifes. and recently IRL some salesman scammed an oldman... and he tried to kill himself. now he is 1 month in the hospital due to the fact that has no money to buy food or pay water/rent.

those that help me, will be rewarded with all my effort.
and i hope soon i get better sound quality

I have 4 contracts purchased - 3 x Starter and 1 x Pilote one. My today live balance amounts to more than 30€. My "held balance" (it was moved there from the live balance!!!) amounts to 84€. Two weeks ago I've bought the Pilot contract from my Live balance earnings (by 3 Starter contracts and 2 running miners 24/7). But withdrawal doesn't work. There is only the "Waiting for balance" message. Maybe they pay only to few people for improve their reputation little and to "prove" they are paying...and it is their psychologic tactics to push people wondering that they are the scamers and some of theme even to purchase contract...
Maybe they pay to russian people only because they are "close" to them not only geographically but also from historical aspects and perhaps mentality aspects too. Maybe they are even afraid from some scammed russians to find them and make them something not nice... Who knows...but the fact is that withdrawal doesn't work for the moment for majority of people...without any further explanation what the "Waiting for balance" means, when and if the moved live balance to the held status is returned, if the minimum contracts earning is increased some day and why there is curent and actual daily earning much lower than the sum of all declared minimum amounts from the purchased contracts... For little consideration: if I own the company that is really serious, the minimum I will do is to keep my customers and users well informed about everyday situation, plans for solving issues, etc. The Cointellect company write about one message by week with many of bullshits but not so many really provable and contributed information... The things they don't lie in are lowering contracts earning, stopping the payments, etc. Thing that are "positive" for us, users, doesn't work in majority of cases... (i.e. their news from the February, 10th: "Starting today, any Basic, Starter and Pilot contracts purchased after January 1st will have their CryptoPay payouts enabled"...etc.)  

Moreover - this "provement" you can do by yourself in 5 minut in any graphic or even text editor or HTML...
This "evidence of payout" can be from someone behaving to the Cointellect's staff or from someone they ask to do it as this "buy at least the Starter contract..." is suggestive enough...  They need to hold the Ponzi as long as possible because it means more earnings for them. Even the pictures they put on their site yesterday can be the fraud (e.g. photomontage) by itself or it can be well-considered fraud (why they will not buy 100pcs of the First Swiss Card to make us believe in them again and earn much more from us later ...and after one year they will laugh about our stupidity on Bahama Islands)...

But they can be also real and serious Company that is in trouble and needs to rise up like Phoenix from the ashes...and all I've written is totaly far off... Again, who knows... :)  

Have You left negative trust to cointellect account (https://bitcointalk.org/index.php?action=profile;u=380606) yet? Handing out trust feedback helps others when dealing with unknown users.

A lot of investor have a problem with them
this is not suprise
it's a ponzi and all ponzi's will die..

Some news with fotos -> https://cointellect.com/news/view/?id=48

It wasn't paying to me too before I purchased another starter earlier yesterday.

I am not Russian or I am not citizen of any Slavic Country. Even my account is of one the older accounts so I already doubled my earnings. I have got 1 pilot and 1 starter contract. There was another starter expired before Bitcoin declines.

Total purchases
€ 499.8500

Contract earnings
€ 980.9071

This kind of photos proves nothing... It can be photomontage and with the pictures size and poor quality you can't detect it... Don't believe in everything you see or in one's woul-be true words and sentences... If they are scammers they will make everything possible to make you (and all of us) believe that they are not... For them it is question about really big money....maybe hundred thousands € by week...and the Cointellect needs people to invest before they will run with all their money from purchased contracts and miners. In the end you can have only the increased electricity bill and "page not found" inside your web browser... It is likely possible... But as I already said - who really knows? :D

So you are one of luckiest if it is reality :) But your post looks like as the part of this tactic as it is stated in your citation... Are you employed by Cointellect? :D :D :D It doesn't make sence to me as I have one Pilot contract not full two weeks old... I am not stupid to spend another 99 € to see the same "Waiting for balance" message :D

Can you really and clearly prove all you say?

I am sorry - if you are really serious - it is nothing personal against you. As I already said - scammers can write anything and on behalf of anybody here so you can be sure of nothing... :)

How much you receive for making that article? What kind of personal test you make to write a article, and dont test the withdraw process?

Just figured I'll post my issue with a reply from their support.

Note I also mined at the lowest hash rate of 150kh/s. As they don't credit your account over that. They cap your earnings for mining at 1.25. ~ 2.25 with a contract in my experience through testing. 

On hold since 2015/01/08 >:(

https://i.imgur.com/ncPE68m.jpg

dont spend your time with them
it's tottally scam for me..
must be away..

By the latest support email I received "Your previous balance will be held indefinitely" sounds to me like an easy way of saying your never getting your balance!

Latest news from Cointellect:

Dogecoin Payments Update
Published at Feb 18, 2015 5:01:55 PM
Good Day Miners,

We have some exciting news to share with you all regarding our recent progress with withdrawal requests. We will be enabling Dogecoin withdrawals for all users; however, there will be some imposed limits. While we have yet to determine the limits, all users can expect to be able to withdraw funds at some point today.

Our recent decision was made largely in response to the overwhelming feedback we have been receiving from our members. It should be noted that our mining performance is not yet high enough to fulfill the complete withdrawal of every user. Regardless, we feel this decision is a step in the right direction and hope it will help quell some of the community’s concerns regarding our solvency. Any imposed limits will be increased over the coming weeks.

Regarding any customer support tickets, we do ask our users to remain cognisant of the fact that our support team currently has a large backlog of inquiries. While we are doing our best to respond to all tickets in a timely manners, some tickets may not be answered as promptly as they should be. 

Furthermore, we are temporarily disabling ASIC support while we address an issue with certain users abusing our platform. We expect to bring back ASIC support shortly.

As always, feel free to contact support if you have any additional questions or concerns

Sincerely,
CoIntellect Staff



It is true that the "Temporary unavailable" message disappeared. I've not tried to withdraw yet so I don't know if it is really working...

If someone try it, let us know the result please... Still more if it is your second, third, fourth try...not the first one that worked in history for everyone...

Yeah the withdrawal limit on my account is a big fat zero so the Doge coin withdrawal is working but I can't withdraw anything might as well be not working.

There is no any point in any kind of message from Ponzytellect staff until YR ballance is held for aprooval for 14days (probally...then  anouther how many days noboudy know).

As Yr have no ability to check with withdrowal own ballance then they able to send any massage =)

Story is so chip.... Jast lauphing =))))

NO MONEY _ NO HONEY / !!!!!  CONGR Miners we got YR back=)

they wrote that the limits will be fixed this evening...  we can just wait..

I think this should say, we will have to wait.

Psychological baiting build anticipation, the chicks look to their mom in eager anticipation of her attention and their next meal, later they will feel relieved after eating the scraps from somebody's table. 

What utter rubbish and Tom foolery is this then?

The "Min: € 0.1, max: € 100" amount of Doge that can be withdrawn.    
"Your withdrawal limit: € 0.0878, Please select the preferred payment system"

I can withdraw € 0.0878 but the minimum withdrawal is € 0.1 so effectively I am not able to withdraw anything.

You're in a better situation than me...they still held €41.6446 of withdrawals i requested, I would probably never see them.

we can say: bye bye to all money in held...  also, current money in balance we can say bye bye too

They really laugh about us...

Live balance: 45.8265
Held: 83.0178

Withdrawal limit:  0.0530
Minimum withdrawal: 0.1

I don't care even about possible withdraw of the EUR 0.1. I want to be able getting at least my Live balance amount.

They're not only scammers but they still have glee and fun from our losts and that we are limed to their promisses...

dont get your hope too high because i doubt they will start to pay everyone else again, they have been shady since the first time they come out

At least I didn't lose too much (I was using money I could afford to lose anyway).
Spent  314.90
Return 102.40
Loss    212.50
Owing   64.32 (currently)
Will probably never see the owing now :(  It was one of the most clever BTC ponzi schemes to date.  They had their own software, a stratum server, and return on investment (plus profits) for a number of people.  If it sounds too good to be true ... it probably is!

Exactly as you say... And they even sponsored cryptocurrency conference in London and participate on it... So it looked like really serious company in comparison with some other that are completely anonymous... But it is true that the earnings versus hashrate versus Dogecoins - it is normally impossible if they're not geniuses and they don't find their own way to mine Dogecoin blocks faster...what is almost impossible :)

so supporting a crypto event is considered proffesional? well hashprofit sponsored a conference too and GAW is one of the main sponsor for the bitcoin conference in miami , guess they are not really proffesional then

Ok, you are right that supporting the conference proves nothing but it is easier (by my opinion) to find the particular people behind the company and to start the law-suit against them. But they are very clever - they (Cointellect) can argue that they made the effort to recover the services, payments, etc. but the market state was against them... They communicate with users regularly, they "allow" withdrawals, they've not stold but only froze our profits in the Held status, maybe the have really given the Swizz cards to some selected users and maybe they really bought some miners from the China supplier... They are not stupid and all it is very well-considered fraud...

So I've received my first successful withdrawal in a long time. I attempted to withdraw the max 100, but my limit was set at 0.1343 so I had to settle for 0.13. It said completed instantly and saw it in my wallet this morning... too bad its just a sliver of my earnings. Would take me years to clear my balance at this pace. It's nice that something worked for once, but still nothing to get too happy about.

dont get too excited , this wont continue, sooner or later they gonna unplug the cable and run with whats left anyway  ::) ::) ::)

Bullshit!!!

You will see if your 150th withrawal will go so smoothly :) And also I don't know if the withdrawal limit is the day/week/month/year or century limit :D

COINTELLECT IS A SCAM PONZI DONT INVEST PLEASE !! ALOT OF MONEY WAS LOST IN THIS FAKE WEBSITE !! IVE LOST AND WE ALL LOST ALOT OF MONEY
IN THIS WEBSITE. NOW PEOPLE MUST KNOW !! WAKE UP AND SCREAM IT !! PEOPLE MUST KNOW !! THATS MAKE MORE THAN 2 MONTH PEOP DIDN'T
RECEIVED ANYTHING !!
HERE IS THE PROOF THAT THIS WEBSITE WAS A BIG SCAM LOOK AT HIS OFFICE !!
THE GUY DON'T EVEN BELIEVE HIMSELF HE SCAM SO MUCH PEOP!! THE SCAM IS NOT EVER !!
IS IT REALLY HIS OFFICE?
https://www.youtube.com/watch?v=0_1f5f4K8Hg (https://www.youtube.com/watch?v=0_1f5f4K8Hg)
http://btc2b.com/topic-supervisors/daniel-fonseca/

It looks like the withdrawal limit is a "Daily" thing. As I mentioned I was able to withdraw a whopping 0.13 successfully last night. I just checked again and my limit was increased to 0.16 which I just withdrew a minute ago. It again went directly into a completed status and awaiting it to arrive in my wallet. Again nothing to really get too excited about, but it's nice to be able to pull anything out. Trying to get out as much as I can.

Looks like mine is increasing every day as well.  By the looks of it I will have to wait one more day before I can draw anything out.  Then I'm getting out what I can whilst I still can!

https://i.imgur.com/3qlHEyk.png

https://i.imgur.com/kiaWhS8.png


they suck!

Im getting the same response to Firefighter.
I have 10 euro's to collect from affiliates but keep getting error

The first day they enabled withdrawal in DOGE I have had not enough in limit to withdraw.
Now, two days later I have already more than double of the minimum amount for withdrawal.
The contract earnings keeps increasing every day.
Also there is no more the "Waiting for balance" message on my CryptoPay withdrawal option...
Even if I don't say that I trust them I must consider that it keeps to move better for the moment.
Of course, I don't know what tomorrow or the next week will bring but the things are positive by now...  ;)

Just withdrew a whopping .1 in Dogecoin.  Looks like the withdrawal limit resets after a successful withdrawal :(

Yes Guys, ponzy MUST to moove forvard with some thing ore to die with appologies...

Any way and any how.

All mined amounts is held ... fo some approoval... what kinde of approoval yr needs when getting wage ore salary ?=))))

Money is stollen.

They non only ponzi but in adittion a tiefs. They stol my money. I am quit from this.

Place is free. Welcome newbee =) They will take care with YR.

Seriously??

Go through the hole forum and find me one other person that spells "tiefs" on purpose!

Providing your proper spelling shows that you know how to spell proper as you can spell more complex words and you just choose this form of speech/spelling.

From the last Cointellect's news (February, 20th):

"...Any users registered before February 1st wishing to bypass withdrawal limitations are encouraged to register a new account....:"
 

So it means that they want us to create new accounts and buy new contracts to be able to withdraw without the limits.

They thing we are really stupid...

BTW, It means they will not allow to withdraw any "meaningful" money from our current balances...and they want to catch us for the new Ponzi wave...


I can't believe their arrogance, impudency, disregard and hunger to steal our money without any shame...

 Apologies for spelling. Espesially for school teachers.


 yчитe  pyccкий ecли нe нpaвитca плoxoй aнглийcкий.

Я нe нacтaивaю.


But if I will hold YR acc. with mined coins locked then how  should your call me ????

Dont bouther a lot abt spelling. People will come to know.

Shit is shit..... No metter with wrong spelling it is been happened ore with right.

Love it.... Please take my money!!!!

Hello, thanks for choosing CoIntellect!

Due to a combination of rising network difficulty and increasing competition, our lower-tier contracts have been rendered unprofitable and obsolete. As a result, we will be removing these contracts from our service. Any existing contracts ordered after January 1st will remain active but will be switched to a new earnings structure based on the current price of Bitcoin.

Both Expert and Premium contracts have been temporarily frozen until Bitcoin’s market value returns to a healthy price. Further course of action regarding these frozen contracts will be determined when we are more confident about the state of the cryptocurrency industry.

We apologize for the confusion caused by the abrupt change. All users had their live balance temporarily moved to HELD. This will enable us to start fresh and only credit your current Live Balance with the accurate daily earnings which are now on a sliding scale based on the price of BTC that day. Your previous balance will be held indefinitely until we are confident about the state of the cryptocurrency industry and we can consider our next course of action.

Make sure you send pics of Aruba :) we would love to see how stolen money spends.

Those ugly thiefs!

If i´m anywhere near their headquarters i collect my money myself and won´t go home until i have been paid my held amount of money in full.

Really we let the Cointellect's staff to run with our money and to start a new Ponzi scam?

Are they really nonpunishable?

Really we let them to stop our gabs by their "great" news and "irresistible" (fake) plans and let them to spend the money from our purchased contracts for their luxury lifes or we'll agree on some (legal) actions to stop them making more frauds?

 =)  For shure they will do all what your pointed out =)

And i do not beleave tt there is any way how to catch them (BY THE LOW).

With "unofficial" way - it is probably will do.... But ho is going to take keare of it for Doges ?  )

Scam

What is the best way to earnings from the CPU?

sell that CPU :)

Read this thread:
CPU only coins to mine? (https://bitcointalk.org/index.php?topic=923963.0)

It is not for Doges. It is for money we have spent for contracts and for some people it is about large amount if you consider that some people purchased the Basic, Premium or Expert contracts. In some cases it was even several Expert contracts. And this is already really much money lost. And on the other hand all of us we have to fight against scammers. If we do not they will continue to make their frauds against faithful people. I know that everyone is responsible for his/her decissions to believe in this kind of services and purchasing the contracts but it is not excuse for fraudelent acting of anyone. We have to fight against this/them to make the (not limited to internet world) world better place for living...for us, for our children, for all good people...

I don't talk about the lost money only but I wish they don't continue to make their frauds again and again with their self-confident feeling that they are nonpunishable...

We have to stop them somehow.

Greetings Miners,
 
We hope you are all enjoying the new year thus far. It has been a while since our last update so we felt it would be appropriate to share some news regarding our current thoughts and plans for expansion.
 
Road To Solvency
 
We understand many of our users are eager for updates regarding payouts. As such, we will address this first. Since implementing our plan of action in mid-February, we have continued to make progress with payouts and expect to be fully recovered within 2-3 months. In combination with the rising price of Bitcoin, we are confident service will continue to be restored in the coming weeks.
 
Georgia
 
With the recent closure of multiple mining businesses, CoIntellect is looking to capitalize on the opportunity and acquire any to-be liquidated equipment. We plan to co-locate the equipment with a specialized datacenter in Georgia -- the same datacenter used by BitFury. We believe this decision will allow us to strengthen our pool’s mining capacity at a reasonable price while furthering our goals.
 
China And The Mining Sector
 
With the recent downfall of the popular cryptocurrency exchange BTER, we have began to explore the option of potentially acquiring this now defunct exchange. We believe this approach would allow us to extend both the functionality and the network of BTER to the users of our own platform. Since our inception, we have always envisioned an open marketplace to trade our mining contracts. We believe we can harness BTER’s trade engine and platform to carry out our dream.
 
Thanks to our hard-working partners in China, we have successfully been able to submit a proposal and even negotiate the terms of the agreement. While we are far from finalizing anything, we are confident this acquisition would be a groundbreaking event for CoIntellect and would certainly be a step in the right direction.
 
Lastly, we are currently seeking applicants to fill positions in our Chinese branch. We are looking for both native Chinese speaking customer support representatives and marketing experts. Those looking to apply are encouraged to contact us: jobs@cointellect.com
 
As always, we thank you all for your continued support during these frustrating times.
 
Sincerely,
CoIntellect Staff
 



 >:( >:(

Oh yay lets all apply for a job there so we can end up working for free when they don't give us a pay cheque!!!

LOL, they expect anyone to believe they have the money to acquire mines, acquire, fix and resurrect a bankrupt exchange, but not to pay out their customers?

Today, They not pay anymore, But yesterday i can withdraw 0.20 EUR,  >:( >:(
I can not believe they would be able to rescue them.

It seems they have a lot of "money" but they do not want to pay their users. Yes it is very strange and I do not think they will buy the cryptocurrency exchange bter.com .

they ended up to scam as expected, last payout are helding for ever and they are not willing to release the payout, even for contracts's users

personally i did not lose anything, just pure profit, but i know many with their contracts have lost a tons

Another scenario could be that they've collected the money from the users contracts and miner earnings to have the resources to buy the miners - but for their profit only. So we've paid them their mining farm. Clever guys...

the last thing we need is some trojan installing, account stealing, bank info hoarding, greedy assholes like cointellect running an exchange, they owe so many people money but arrogantly show thier ignorant faces at bitcoin meets and expos, why dont some people confront these assholes at one of these meets and demand LOUDLY for their investment paid instantly, tell them, look call your head asshole and tell him to deposit my shit plus interest to my bitcoin address RIGHT NOW cause I am NOT leaving your side this whole expo until i get paid. Then start posting pictures of your withdraw where they owe you money all over thier stand Hell id even make a banner and cover the ones they put up

TOGETHER WE CAN MAKE IT CHANGE !!

SIGN UP THIS PETITON AGAINST COINTELLECT TO RETRIEVE OUR MONEY
https://www.change.org/p/cointellect-scam-petition-retrieve-money-to-user-2
Daniel Fonseca and Diane Milic are the owner of cointellect

These petitions are useless. They have no legal force.

http://i57.tinypic.com/2whhuog.jpg
so here is the latest bullshit with cointellect. SCAM!!!!! this pic is going out on twitter also.

It would be a good thing if the OP changes the thread name. Something like "scam warning: cointellect". This would give a nice entry for all google users.

just created another thread.
https://bitcointalk.org/index.php?topic=981039.new#new

So, the Cointellect page is down... March, 9th, 16:40 (GMT+1)
I am currious if it comes up again (with some "exciting" changes...i.e. all earnings will be reset, promisses that you can withdraw min. 10 EUR but the personal limits is 0.0005 or something similar :) ) or if it is the total end...

One hour later - it's up again. I don't see any important changes...

their office is closed, one worker who worked there has not received his salary.. police report has been done as it was obvious scam.

Any proof to back that up? :)

come and see yourself, I could give you a pic, but that could be pic of what ever abandoned rental space..

Of course it was an obvious scam.. And now since they are gone maybe Doge coin will have some room to breathe, because they were doing crazy things with it  :P Guys were taking out doge and selling it for btc and the amounts of doge were silly :o

Utter rubbish, complete FUD, (F*%.ing Utter Dross) the web site is still up, still running and very likely still taking money from any unsuspecting customer, are the police hoping to get a cut of takings, wouldn't surprise me but not true, DH.


How very strange, when they stopped paying out I was getting 64 sats per Doge now I am getting 48, so now the prices are silly down a bit like your statement, silly.

You really think the owners of CoIntellect are making public appearances at expos and conventions? These are just two random employees they hired from god knows where.

Since 03/09 no successful dodgecoin withdrawal. Now they can't even pay their daily dust for withdrawal.

anyone have problems with page too?

hi, yes seem nothing works since 2 or 3 days ...

i am filling a case against them in Estonia, the lawyer advised that the more people i can gather the easier it will be to convict them.

if you are serious and interested in getting justice please PM me and join this case.

it's a scam, i still have all my family account in pending since months already, dont' buy contract of any kinda with them

they don't pay anymore

Me too. >:(

I cannot believe you people fell for this one. Has anyone asked them how is it possible they provide such high payouts? It was obvious this s a scam.

well the trick was not to buy any contracts, and just take advantage from their high payout with many accounts created for that, in this way you basically were scamming their scam  ;D

100% agreed. I pointed my miners to cointellect before with multiple accounts. Wow such profit  ;D Thanks to Amph

I think very few people took advantage of that. Most were just naive and greedy investors believing their story about magic algo and enchanted miners.

I did , heck even my 76yo father did.

but bought contracts also. As soon as they ROI´d payouts stopped  >:(

yeah i know, because they didn't know that with 300k you can earn 1.3 euro daily, beside this you need to know how to setup a vps and renting machine from miningrig to point them to your vps

also setup java proxy inside your vps ecc... wasn't something for all for sure, it does require some knowledge

Well ponzies and HYIPs existed since internet appeared. Now they ve emerged inside BTC economy.
So easy to spot these, if you ask questions and they do not provide answers, simply pass on it.

Hope or not?

Hope:
- The site is still online, all normal, a few days down but then comes up, a sign that someone is doing their job;
- Updated the gains of contracts. If they were scam, let be the gains as they were and customers were investing;
- They closed the expert contract. Was the contract that gave more gain and they closed it, customers wanted this. I particularly only invest in this type of contract; They could keep it open for customers invest and inject more money into the system;
- The latest news of two months; Signal that there will be something;
- Investments in the growth of the company;

No hope:
- They failed to pay;
- Very few news;
- Employees dismissed;
- Never sent the cards;
- Paypal off a long time;
- Poor customer support, we make questions and they do not provide any answers...

Opinions/beliefs???

What cards were they supposed to send?

they claim that everyone opted for a swiss card instead of payments. i told them i dont want that stupid card and they never sent me another email.

Do you really believe anymore in this shit?  ;) It's one of the most obvious ponzi scams in the field if you do any research  ;)
Shame on them.. sorry for the ones who lost money...

What shame? Their only purpose was making money in a legal way. They did it for a long time. Shame on users who trust this ponzi scheme. Those users deserve to get scammed, because their only purpose was making quick bucks. :)
It's a win-lose situation actually. Only the first few users could get out of that site with profit. Cointellect got a lot of money from other get-rich-quick dreamers.

you're a jackass.

No, I'm not. It's clear that if you gamble in ponzis, %99 you lose your money. Cointellect is a clear ponzi, they never did mining.

Hello

I'm cointellect client and I invest some off my money.

I have the streets of some people in Portugal that are in the admin and payouts...

I still beleive, but what can I do, in future, if they dont pay?

Thanks

I pay for Photos, video, names, addresses, phones... we got them  ;D

Send PM, please...

Swiss card? Like credit card?

http://www.1a20.com/personal/cointellect-crypto-linked-debit-cards-travel-card-first-swiss-card/

You're a calling in a PM bombing of your inbox!  ;D

cointellect  is gone

yes, finally it is ended.

They got quite a few BTC from a lot of people in here.

Sure; however, if we have to judge by the amount of -ve trust feedback cointellect profile (https://bitcointalk.org/index.php?action=profile;u=380606) got here, We could hardly say the got enough to cover server running costs!  ;)
What a shame!

===>>> https://bitcointalk.org/index.php?action=trust;u=380606

now they gone forever and bring out all member money with millions of euros in they pocket...

morda i don't understand your signature. you request a tip for investigate of the scam of cointellect ? what's up to investigare? it was a ponzi like more other

What s to understand? He wants to try to do find a legal way to get his money back. It s highly unlikely but why not try if he s got resources to do so. After all, its EU.

Ugly Bastards, they owe my 76yo father over 1M Dodge Coins from mining.

Lucky he was able to withdraw some.

Yes, this was the way to go!

Brought new life in my old gridseed ORB´s lol

:)

they have enough...anyway!

I heard that at times they take some Bitcoins out of your account, are they a scam?

last active this person is march 1 i think they will not care even just you give him negatife feedback
because they get what they wants

Good day mining enthusiasts,

After a bit of a rough patch CoIntellect CEO has decided to retire from the current project, along with the COO Helder Rodrigues and Customer Support Team Manager Dayang Milic.

CoIntellect will now be fully owned by its Chinese division, the same division in charge of the mining setup and sector of the company.

We thank all our users and ask you all to just hang on a bit longer as we finish developing our new miner in order to resume mining under the x11 algorythm.

Refunds

As of now, users who requested refunds will have their accounts suspended, therefore all balances will be held and not available for payout.

To avoid any suspensions, we advise our users to close any disputes made on credit card payments.

Further updates will follow once we
finalize the process of ownership and equity transfer.

Best Regards,
CoIntellect Staff


Thoughts?

Bolded part is cool! This is the only way your ponzi can stand for awhile. I highly recommend all people not to close your dispute if you want your money back. Don't keep your trust on a ponzi again.

No payouts at all and they state they will close account of those who ask for refunds. Big deal! Hah.

no payout,no refunds but they still open for a new investor

it means member can invest they money but can't withdraw they balance...sound great!!!

That's how they have been making money since day 1 unfortunately...And no one is going to stop them.

Funny how the CEO, COO and Head of Support are all gone. Bought a private island probably....

Site off...

yup site is dead siiiiirrrrr!!

We need 174 more that sign a petition on Change.org to take those mthr fkrs to jail.

https://www.change.org/p/cointellect-scam-petition-retrieve-money-to-user-p%C3%A9tition-contre-cointellect-pour-ravoir-notre-argent

Got my support!
Signed  8)

This will not help us to get our money back.
Site if offline for a week i think it was also down before.

It's only for people who bought contracts from them....miners who had lost their earnings get no help with your petition.

maybe a petition won't give our money back but if with sign a petition can be able to jailed the owner this site i think we must support this petition

I think this petition is useless, owner already run away with users money. It's impossible to get refunds or get the owner jailed :(.

The game is over, nothing we can do now I'm afraid :(

If the petition has the power to jail the owner and get back our money than i would support.
But it has not such power.

it is a digital signed form but not enough to bring such a wealthy company/person down.

Probably, if petition signatories could be identified, such a petition would be enough to allow police to start an investigation to look into the alleged crimes. A petition itself cannot bring anyone to jail nor force it to repay someone.

well as you can see i used this site for 6 month and ok my firned tryed like 9 month and lost 1000 euros soo the bigger you invest and get adicted to cloud sites like this the worst for you cointellct its out with some ponzi scheme money could never be a mining cloud service to be good in all full years prespective im even surpised how it get like 1 year in a row up.

any news on this?

Unfortunately there is no news on this, i really hope they will continue as the bitcoin price has been increased, more than they wanted.

I have invested over 5000€ into them, and I just hope that Interpol is going to do something

This is a known ponzi scheme. It was never safe to invest in this site. They use to run a cloud mining service scam. The stop paying people last february if I'm not mistaken

here's some information on them:

https://bitcointalk.org/index.php?topic=981039.0
http://cointelegraph.com/news/112424/is-cointellect-a-scam
http://www.newsbtc.com/2015/02/08/cointellect-freezes-withdrawal-process-users-smell-scam/

Apparently, if you try to go onto cointellect.com , it redirects you to another site :O

interpol will not take care of a small problem like this. because the problem of online fraud is very much the case,

You seems that are not informed well, the site has been closed for a long time now, and they scammed lots of people.

If anyone happens to receive money back from them, notify me.
I am still hoping to get anything back

why is it not possible to hack the owners of these cloud ponzis and hunt them down?

They deserve to live in the forest in a tent, and the bitcoin community auction off their homes, cars, and everything else they own.

they have run away with the money and closed the site down , nothing much to do now , almost all of the mining sites turn into scams , eventually better do some faucets and trade your cryptos.

that's right but I guess,you're saying that too late,this thread was last active on june 2015 and it's now august 2016,and that's is such an usual thing that most of miners but not all will eventually collapse because they're using Ponzi system or HYIP

They were just some ponzi operation kinda like Hashocean only with much shorter life span. Don't expect anything from them. They have run away with user funds like most of the scams do here and its strange that people never learn their lesson and keep trusting ponzi/hyip scams which undercover themselves as some form of cloud mining operation. Forget about them and unfortunately forget about your funds there too. Keep the coins in your wallet is the most sage advice you will receive here.