Bitcoin Forum

I just heard about them and want to know information about them if anyone has any answers to my questions:
-when did they start
-who is the owner
-has anyone received a profit from them
-are they a reliable site to invest into
-do you see them turning scam anytime soon, like on the first day of the new year(am I predicting that?)

Any thoughts on this site would b welcomed as I have searched this forum and have not found any mentioned of them except just to say they use them from 2 members.

all those double your btc site will end into scam. you can make profit from it as long as you know when it will collapse..

This doesn't look like a doubler site. It is an investor site with low interest accuring so it is bound to last, so essentially it will payout to all. Just the only question would be for how long until it folds as OP is asking.

This is a hyip and we all know hyip are only for 2-3 months with whatever return they promise to give. It is more unprofitable if their interest is low because it will take more time for you to even get you ROI back.

I would calculate 40 days to get your investment back 100% and then get your investment out too @ the 5% they charge to withdraw it. So is it a solid thing to put anything in it?

Ponzi scam. Please do stay away ;)

do you see them turning scam anytime soon? the answer to this is YES.
For other information about the website, kindly check whois.

scam just stay away

What do you see on whois that sticks out to you that flags them as running soon?

I did not check them out on whois but the word ponzi means quick or short but profitable life.

Yes I have, it has been around for a long time and it has been very stable, no api issues or withdrawal issues ever since I have started using it.  Its still advertised on tons of faucet websites so I have a feeling it could have another few weeks to a month before it collapses. 

Congratulations for finding a stable ponzi program however the longer the running days of ponzi the closer to its collapsing.

Yeah thats why I mentioned it probably has a month left at max, still if you got when it first launched you would have profited big time especially if you compounded your interest.

Care to post some of your stats?
How much have you put in an how much have you profited. did you get in early?
What strategy if any did you use for this compound interest they have on there?

@ Cereberus that information is not actually needed now unless for educational purpose because you might not be lucky with them right now but kindly decide on your own.

I would like to know that information too. For educational purposes as you say.  ;)
I know what ponzi is and it is short only if you get in on time is it ever profitable.

I agreed with you but how do we actually know those programs that will pay and those that will not pay, i think that is the real problem.

I would say that is the risk in playing the game of ponzis.  :D
There are hyip monitor sites but I have not seen (looked :P) it on their lists.

Stay away from them... if not you will worry this and that everyday.
If you really want to invest so much, invest the amount you can afford to lose.
I don't recommend it though, cause I rather give my 50 cents or a dollar to needy rather to scammer..

Well it is running on 3 months now so it is bound to close down and run anytime now from what you are saying, right?

yeah don't invest, it's dangerous to scam.

have you check the whois?


Damn right. if the owner has the guts to post it here in bitcointalk.org, he may have already a negative trust just by introducing the site to the users.
We all know such site is a ponzi just like the rest who promise to have your bitcoin back in a month. You'll know it later a users will post a thread accusing that site for holding his coins.

LOL? It's dangerous to scam? If it really is we won't be seeing such ponzi scams opening day after day.

lmfao the point of the investor based games section is to promote ponzi schemes I don't get why you guys come in here if you don't know that.  What other type of games would be in the investor based games section ?

Does this one look like it is going to end anytime soon?

Its too late to join now, if your planning to invest at this time you will lose. Better find a new HYIPs that just opens very recently and exercise your own due diligence, read forums, use google. check Hyip monitors. Blogs and Fb groups.

At least this hyip has a good appearance...

I like testing this good structured hyip, but the maximum I put on it is 0.001BTC

But, in the end, it's always the same kind of hyip. Up, up, up, down, down, down. Nothing more.

Still up and running. But I did notice they moved out 3.57 BTC from their payment wallet last night.
Is that a sign that the time has ended and they will be running tonight?

Its a low rate hyip, so expect for a longer lifetime, it doesnt matter id its paying high or paying low, for as long as the admin has  a good intention to bring members to profit, but its a cycle, some people need to loose for others to benefits.

Isn't this how all these high yielding investment programs run and continue to be able to run by paying members with other's investments?
There will be some that benefit while the majority will lose, especially the ones who got in at the tail end of the Ponzi. But they will close down once they get a BIG investment as that's all they are waiting for in the first place, right?

That's the typical ponzi scheme. They promise o offer fixed interest per day, quite a bad idea consider they say that they use bitcoin mining.
There are some trusted sites that offer fixed rates (not bitcoin minning), like carbon7.cc and pokeram.com both seem to have been paying for over four years.

How do they fund their programs then? pokeram seems just from the name that he gambles with your money to run the site. So if he loses, you will lose your investment. That does seem more riskier than counting on them being honest about using mining to back their site.

C7 is offline because already scammed some months ago and in addition to this it's not true it has been paying for over four years since it was something like 6 months old.
By the way its admin was the same of Royalty7 (scammed years ago probably about $1mln), so everyone jumped in because he's legendary admin, me too and profited out of C7 $1k in BTC  ;D

I said it was more trusted, I did not state it was perfect. This is the case though, they use poker software to get money (apparently). They then give you a small amount fo this money that they have gambled at a fixeed rate The diference being, this is more of a viable business than a ponzi that pays previous members with "profits" from new members.

Thanks for this information. I didn't realise it was offine, and didn;t realise of its age.
Pokeram is still online (I think).

It is, though, by the same company as C7 so possibly avoid!

You could always get software for a poker bot, I have some hold'em trademarked software that I got free.

Not sure how these "bots" work and you have to change it every time the organisation changes its api code.

I am currently using a primedice bot/api but with no gambling strategy.

http://imgur.com/71IybBy
Can someone look into it. Compound is 100% and Initial deposit was 0.0001BTC a few days ago. Why is it that interest is being added on 0.0001BTC and not on the interest which was added to my balance. Didn't hear from support even after 48hrs passed. Kindly help me.

IK it's PONZI, invested before checking here :(

Here is the image you shared:
https://i.imgur.com/71IybBy.png?1

Hope this helps.

Think we already were pretty sure it was a ponzi, potentially still paying though.

Do you have to select compoundingly separate?

You are correct. If it is set to 100% compounding it goes directly to your deposit balance so it is able too grow. If you want it to go to your withdrawal balance you have to select it to completely (all of the interest gained)compounding to 0%.

Your deposit is so small it doesn't register the compounding interest because I believe it rounds to the nearest thousand.

Yeah , got it sorted out.  @iefken told me that. Don't have much, will get some via faucet and invest in some websites later.

That is what I do to not waste any of my reserve. You are smart to do this that way in recycling your earnings.
That is only way to do it with these type of sites.

withdrawal was not processed. I sent two hours ago.
Scam site now.

Found another thread about their scam here: https://bitcointalk.org/index.php?topic=1344717.0
I think they ran away after 100 days of fishing.

Until yesterday, the site was paying instant and accure.
NOW, i make a withdrawl request and the withdaw proceedure TURNS to manual...
Also, "they" not allow me to release my capital...
I am very upset to say that it obviously turns to scam... >:( :'(
If i have any new info, i will post it asap.

Latest message after requesting withdrawal is this :

Your withdrawal request has been saved and will be processed after staffs checkout.

and for withdrawing principal :

Can not process principal withdrawal for this plan

Same here, 2 days now... :( >:(

This website seems to have collapsed, it was running for well over 100 days so it should not be considered a scam by anymeans.

Same here . Scammed me for 10K satoshi :D