Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: michaelme123 on December 10, 2014, 05:16:01 AM



Title: Should I Invest I think its a good deal
Post by: michaelme123 on December 10, 2014, 05:16:01 AM
I was on indegogo and i was scrolling around and saw this. I looked at is and i mean its like cloud mining. I think its better because they guarantee profit. Also since i am into the bitcoin hobby you can get your rewards in bitcoins. Tell me what you think i mean they guarantee profit unlike cloud mining services i have used in the past.



https://www.indiegogo.com/projects/coin-mining-double-your-money-in-just-a-year/x/6144428#home/share


Title: Re: Should I Invest I think its a good deal
Post by: Envrin on December 10, 2014, 05:30:56 AM

Look at that, both you and the CEO of that KickStarter campaign are named Michael.  Talk about a coincidence.


Title: Re: Should I Invest I think its a good deal
Post by: QuestionAuthority on December 10, 2014, 05:36:38 AM
Anyone even thinking about doing that shouldn't be allowed to have control of their own money. Send it to me immediately and I'll let you have it back slowly by paying your monthly bills for you.


Title: Re: Should I Invest I think its a good deal
Post by: Bitcoins101 on December 10, 2014, 05:50:39 AM
You could at least get your spelling and grammar correct. I hope this stays at $0.


Title: Re: Should I Invest I think its a good deal
Post by: lihuajkl on December 10, 2014, 05:52:34 AM
Anyone even thinking about doing that shouldn't be allowed to have control of their own money. Send it to me immediately and I'll let you have it back slowly by paying your monthly bills for you.
LOL, I think the only earners is the cloud mining contract providers, they get back the expense from selling hashpower contracts and continue to earn the operational fees charged from the contracts holders. 


Title: Re: Should I Invest I think its a good deal
Post by: TrailingComet on December 10, 2014, 06:41:30 AM
Forget about cloud mining. Buy the bitcoins themselves. Pretty good entry prices now.


Title: Re: Should I Invest I think its a good deal
Post by: Remember remember the 5th of November on December 10, 2014, 06:43:29 AM

Look at that, both you and the CEO of that KickStarter campaign are named Michael.  Talk about a coincidence.

Good catch. And considering his poor choice of a pseudonym, his passwords are likely even more insecure.


Title: Re: Should I Invest I think its a good deal
Post by: franky1 on December 10, 2014, 07:48:13 AM
double money in a year

translation
"give your money and wait a year to find out that its gone"


Title: Re: Should I Invest I think its a good deal
Post by: siampumpkin on December 10, 2014, 08:02:53 AM
Anything that says guaranteed return you should run from, fast!


Title: Re: Should I Invest I think its a good deal
Post by: turvarya on December 10, 2014, 08:53:41 AM
You have a lot of witches in your project  ;D


Title: Re: Should I Invest I think its a good deal
Post by: zetaray on December 10, 2014, 09:04:00 AM
This a surely a scam. Even with real hardware, you can't double your money in a year.


Title: Re: Should I Invest I think its a good deal
Post by: ligeros on December 10, 2014, 12:12:39 PM
LOL, I think the only earners is the cloud mining contract providers. 

Not only them. Donīt forget about
a) people who attracted bunch of referrals to cloud mining service
b) people who came first and returned their money before cloud mining turned to be just another ponzy
c) people who bought GHs when they were cheap and sell them when they were expencive (in services like cex.io)


Title: Re: Should I Invest I think its a good deal
Post by: sherbyspark on December 13, 2014, 09:37:39 PM
This a surely a scam. Even with real hardware, you can't double your money in a year.
I reported the page to indiegogo. its clearly a scam.
Not even the banks offer more than a 10% interest every year for the money you leave them with.


Title: Re: Should I Invest I think its a good deal
Post by: Paul Revere on December 13, 2014, 10:11:31 PM
100% return per year for no work? Seems legit to me.

http://www.outsidethebeltway.com/wp-content/uploads/2011/09/wimpy-hamburgers-i-will-gladly-pay-you-tuesdsay-for-a-hamburger-today-whimpy-sad-hill-news.jpg


Title: Re: Should I Invest I think its a good deal
Post by: GigiNo1 on December 13, 2014, 11:42:39 PM
If something sounds too good to be true it actually is. Mining profit guarantee? C'mon.