Bitcoin Forum

ponzi and i are disgussing what kind of sheme this is, were not quite sure.

CMC is not ponzi or anything similar.
Please read F.A.Q. on our website
http://www.coinminters.club/p/blog-page.html (http://www.coinminters.club/p/blog-page.html)

Not  a Ponzi but a  alt coin Pump and Dump scheme?

Why such Promises of High return? That usually indicates a Pnzi or scam real quick!

Why not use your own coin and make yourself 200% profit? Why do you need ours?

Its simple .... to pump and dump other alts that we mine  :D
And make other peoples happy  :D

All important informations and updates will be
available trough twitter widget on our website
http://www.coinminters.club/p/deposit-now.html (http://www.coinminters.club/p/deposit-now.html)

Can someone explain what is >prebuyed< ?

Yeah ... legit business offering about 2-3% per Year even less... but here .....  I will be veeeeery rich :)

As I remember https://scrypt.cc offering such businnes too : Break Even In: 212 Days. So......

Fuck off.

Regards.

This looks like a scam.

They are, or they will. Such program will never success in the long run, even if they pay in the beginning, they'll eventually be scam.

So be careful and be responsible guys! Don't spend what you cannot afford to lose :)

Absolutely not ponzi, not scam!
We are here for long, long run  8)

Be ready, 9 hours to launch

Yep like you said here: https://bitcointalk.org/index.php?topic=628804.msg7351695#msg7351695

Our magician "oubler" ( Not doubler just "oubler") born again. ( With no association with Uriah Heep's "The magician birthday :) )

You don't answering yet to my previous question : did you ask your friends what means faget? :)
Yes in Google you wasn't find such word but hope some of your friends knows about that.

A'm saying again: you are fucking faget. So stop scamming community.

Fuck off.

Regards.

Fedor, we dont know what you are talking about !
CMC is not asociated with that thread

...and please be honest here, choose your words  ;)

I can't find another words coz you are fucking SCAMMER.

Regards.

P.S. Did you heard Ozzy's interview....  I'm silent lamb... really.

SCAMMMMM!!!!!!!!!!!

Once again , CMC is not ponzi or other form of scam...
we are pump and dump group + we run mining farm
Read F.A.Q. on our site to understand system
http://www.coinminters.club/p/blog-page.html (http://www.coinminters.club/p/blog-page.html)

Our first pump in 1 day and 8 hours

Weird that your pump is starting the same time as the next pump from crypto pump.

Actualy, we will host our own pumps, and also will join to pumps
of other groups.  :)

CoinMintersClub launched. For more info visit
http://www.coinminters.club/p/deposit-now.html (http://www.coinminters.club/p/deposit-now.html)

First payout on 30th June

Looks like no one has deposited (or got scammed). :D

we just launch CMC before 20 min, so no deposits jet
No one will be scamed, CMC is pump and dump group.
we are here for long run

We change payout to 150% to make CMC system more sustainable.
Eg. you deposit 0.5 BTC - you will get 0.75 BTC after 10 days
Still big earning potential.  Our plan is to run CMC for many years.

Okay

I invested 0.02 bitcoins...let see how this works...

First payout on 30th June...
first pump on Cryptsy for 21 hours and 5 min.

Wasn't your pump supposed to start at the same time as crypto pump (a pump & dump group thats actually big)  :D

Pumping and dumping is a scam, meant to steal money from people.  
Trying to take advantage of a bad situation is low and dishonest.   (Your post on BTC-ARBS board)
At this point I have little doubt you are also lying, scammers always claim they are being honest.

From your FAQ:
" Do you have other source of Bitcoin income ?
We run 396 Terahash mining farm,  powered with our own 250 kW mini hydropower station. So, electricity for mining is practically FREE.  We mine most profitable altcoins."

Really?  396 Ths for altcoins?  Probably you meant bitcoin considering there isn't 396 THs of Altcoins hashing in total yet!  396 THs would likely cost over $1 Million US.   250kW wouldn't cover the power requirements for that either but it would help.  Horribly expensive to set up though.  

Then you are nickel and diming for .05 BTC to .5 BTC accounts?  

TOTAL SCAM.

Their pump was delayed, and strangely enough now starts the same time as OPs lol

I think what they meant was:

"we're stupid and don't know what we're talking about; we hope you are stupid too; send coins"

That sure explains their FAQ!   :D

Omg, It's not 396 Th, It's 3.96 Th. Our web developer probably make mistake and
forget to put dot to separate numbers. We will change that quickly. Thanks for give
us attention

About pumps and dumps... pumps are part of cryptocoin world. People make
their own decision about trading. Nobody cant stop them or force them to
buy or sold coins. Somebody loose, somebody win.

yah ok ill believe it when I see it pumps ever last long Ill go pump a ball up with me mouth and come back here later to see zero results. I would rather go trade than risk in a fake 150% back after 10 days. I can make 150% in 10 hours or less.

Well 3.96 THs is still probably larger than the total hashing for all altcoins, unless you count coins that are merged mined with bitcoin.   It isn't that big for bitcoin, but your FAQ says altcoin mining.     While your 250 kW power generation is enough for a small town.   Seriously you must think people are pretty stupid. 

We mine scrypt, SHA 256, keccak and other types of coins. Also we mine Bitcoin.
We not use all 250 kW for mining. Part of generated electricity going for cooling
system, servers etc. 

Can you show your hardware?

10 days are too long.  :-\

It's not. 10 days is perfect period to make profit with trading.
 This is important factor for system sustainability.
If someone promise to double your coins for one or two days,
thats probably ponzi scheme, stop working after few days

We will probably cut cycling period in the future from 10 to 7 days,
or increase payout to 200%

I would like to see it too.

Also, is there a limit to how many 0.5 BTC payments I can make?

I would like to double around 50,000 BTC, but worry that it will take too long to send 100,000 separate deposits.

Is there a bulk-deposit option?

No bulk deposits, read FAQ .... you must make separate deposits :(
but you can make any number of deposits you want.

I will ask mining operator to send me pictures of mining farm.

They have to have a small river, dam and pretty good size turbine to generate 250kW of power.   Maybe 5 50kW turbines or something like that.   We are talking about a major setup.   250kW is enough to power a few hundred homes.   If you have that kind of investment why would you be trolling for .5 BTC deposits?   I think you should ask for more than a few photoshopped pictures.

This is insane, he is just pumping crazy numbers.

His mining operation is probably one mid range ATI card and with an approx 550-600w PSU(Bronze of course!).

But of course he doesnt make his coins mining or pumping and dumping unless he counts that fatty he sleeps next to.

He makes his coins by schemes to defraud the members of this forum.

Guys, you totaly ruined this thread  :D

Well you could look into selling your 250 kW of power back to you local electric company.   Even if you only get $.04 / KWh that is $10 / hour, or $240 / day or more than $7000 a month.   

See why we know you aren't being honest?

We wish thats possible, but not for now. Hydropower station is located in mountains,
about 35 miles from nearest electric grid. There is no required infrastructure.
We get internet connection trough mobile 3G network

I just sent 0.005 BTC to you.

If i lost it - well that's it. If you guys are actually legit I will mention it here in the forum.

If I am correct - you will pay out 150 % of it after 10 days from now, right?

3G network?  That is great for trading.   You story just gets stranger and stranger.   

Yes. we will send 0.0075 BTC on 03. July.
Regards,
welcome to the club.

As long as you have an unlimited dataplan for trading and 3G...and the thing is located in the mountains - why not?

But guys, let's be patient and wait. On 3rd I can tell if this was a scam or not.

Ummmm where are your hardware ? Can we see it?

Dyask, thats only option for us here...
but luckily, we have enough speed and flat rate,
signal is stable and good.

I can tell earlier, 30.06.....deposit  0.02 bitcoins  ;)

...so I will receive...hmm...0.03 bitcoins ??

Yeah, I hope that everything works fine.

I'd just polish the English a bit on the page - CoinMinersClub. There are a couple mistakes.

Minters is correct word, like minting ... but there is probably some grammar mistakes.
English is not our native language

Ah, okay. I see.

Wow, what a cheap scam!

So many scam flags on this one that it is hard to count.    :D

patronizing ponzi schemes. WTF

We have to wait 6 days and then we are smarter...first payday..

Also here.
Could you please stop replying with such pointless stuff when people are only TRYING THINGS OUT for the sake of others?

You know, if it's a scam then I LOSE MY MONEY. NOT YOU.

There could be multiple paydays before they bug out.   If the story was true they wouldn't be seeking BTC from outside, they would already have plenty.  Remember they claim to have 3.96 TH/s.  If you can make 50% on your money every 10 days, why would you share that with anyone?     


 

It's too late now. I don't have the 50,000 BTC any more:

https://i.imgur.com/2NYL8fA.png (https://blockchain.info/charts/balance?address=19Zmw5kMbkTjA7qRUdUEiwLqgRaMRRLDkh)

If I send the 10,000 BTC I have left, how long will it take you to double it for me?

Sad to see JD go. I hope it will be re-opened soon after sorting out the problem bought by the new legislation.

4 days to first payout  :D

Wait! Send your btc to us, we are paying 180% in 8 days. We run our own nuclear power plant of 200MW up on the mountains and maintain a robust internet connection via two mobile phones.
We have proven we are not a scam because we have already paid 0.0018 BTC on a 0.001 BTC investment.

LoL,  :D  
Be careful with your power plant,
nuclear power can be very dangerous in wrong hands  ;)

For everyone who say that 150% is small profit return,
and 10 days is very long period...

our plan is to operate for long, long time.
This is important for system sustainability.
We will probably increase payout to 200% in
the future, or cut waiting period from 10 to 7 days.

We are NOT ponzi scheme !!!

Hm, after careful consideration, it seems to me like you are an idiot....

Sunny1, you are guy
without a sense for humor...

that's actually too much and not too little

you should decrease your ROI for more sustainability

Your confidence level is very bad
should not make a deposit at this site

if so you should act honestly, so that people who make
a profit from your website will give you confidence in the

Less than 3 days to first payout

 :D

If they make a payout that doesn't mean they are legit.   Pretty much all Ponzi scams make payouts before going away.   A 50% return every 10 days is not sustainable.  In one year 1 BTC would become 40,000 BTC if everything was reinvested.   Only a scam would offer that kind of return in an attempt to get people to send in BTC.   

I think thus we open thread in wrong section on forum.
Team will not lock this thread, but will open new when back from
riversurf. See you soon

I gave you negative trust because you're running a scam.

You don't judge a scam by whether it starts off paying out. They all start off paying out. You judge a scam by whether it has a feasible way of making the amount of coins it promises to pay out, and you don't.

Just-Dice has paid out over 40,000 BTC to its customers in the last 7 days. I don't know what makes you think that "members cant withdraw" but you're entirely incorrect.  See here (https://blockchain.info/charts/balance?address=19Zmw5kMbkTjA7qRUdUEiwLqgRaMRRLDkh) to see how the 53k BTC we were holding have been dispersed.

He really thought you were going to send him 50000 btc and is so disappointed now lol. :D
And obviously, he hasn't checked the JD thread to see no one has complained about their withdrawals.

Exactly.
There is no legit business that can give you 150% return in 10 days with no risk.

Tomorrow...first payday...let see  :)

If he pays it doesn't prove anything at all. You realise that, right?

He didn't answer my questions about the maximum investment, how many deposits per person are allowed, etc.

JD paid out its biggest remaining investor today. Almost 2250 BTC to one guy, and there's just 3500 BTC left to go (https://blockchain.info/address/122BNoyhmuUt9G9mdEm3mN4nb73c1UgNKt) as of now.

Yes I know....it will take numerous payments .
......nothing yet....waiting

No, you clearly don't get it.   The only way they could be trusted is if they posted all of the trades made very soon after they made them.   Even then you would have to expect lower yields.   It isn't possible to maintain a 50% gain every 10 days.   That triples your money every month.   Another way of saying it is that if you started with $2000 you would have $1 Billion dollars in a year.   Even loan sharks with diamond studded baseball bats can't pull off those yields.   

I understand...but if I would be able to receive small profit before its end...i would be happy.

payouts for 20.6.2014 processed

In short, what you really care is if you can get profits yourself, but not if the program is scam or not. Right? ;D

Time will shows if CMC is okay....But now....payment received :)

Payment received...thx...now...second deposit  :)

Zebra raised an interesting point.

It sounds like you don't care whether this is a scam or not, you just want to profit, even if it is at the expense of other victims.

Is that right? Are you happy to make a profit knowing that it can only happen if other people get ripped off by this scam?

We don't need "time" to show if CMC is a scam or not. The promised returns show us already that it is. There's no way to make the returns they are promising so it has to be a scam.

....and you can invest or not....always a risk to loose ur money..I think people are not stupid..

Investing in this yourself is one thing.   Advocating investing in it is another.   By doing so you are part of the scam yourself. 

This is clearly a scam.   There is no way around that.   

payouts for 21.6.2014 processed

You messed up the quoting.  I didn't say "I will tell if this is a SCAM.....OF COURSE ......and I do CARE...BIG TIME".

Okay...sorry..about CMC...I will tell if this is a SCAM.....OF COURSE ......and I do CARE...BIG TIME
As long as it pays...i can't say it's a scam !!

If Ponzi scams never paid, they would make very little money. They have to start off paying to build up trust so that people will deposit bigger and bigger amounts.

So whether a Ponzi scheme stopped paying already or not doesn't change the fact that it is going to stop paying at some point.

I'm not asking you to say it's a scam. We both know it's a scam, but you don't have to say it if you don't want to.

But please don't say it isn't a scam - that's just wrong, and you might end up tricking stupid people into believing you.

I have to say....give CMC a change...time will tell how this goes  :)

If they would change from a Ponzi scheme to something else, that would be good.

Time always tells how these things go. How they always go is "down".

Just so you know.

Why we have listed, or intend to list your Website / Scheme.

Your site has been reported to us by users. We are investigating the complaint(s) and our initial investigations support one or more points in these reports. Our experienced investigators may also encounter other issues above and beyond any reported problems, and in circumstances where we feel users risk losing their investment unneccessarily, or that you pose any threat to Bitcoin or it’s infrastructure, we will issue an immediate alert to The Bitcoin Industry and Community. We will also publish that alert to the website www.badbitcoin.org
Please contact us directly if you feel our decision is unjustified and that your site should not be listed.
In most circumstances we will require some level of proof in order to do this.
We only list sites and schemes involved in the Bitcoin and Cryptocurrency Industry.
Contact us directly.
report@badbitcoin.org

The Badbitcoin Project.

There. That feels much better.

You can't trust anything they say.  They have already been caught lying.   

payouts for 22.6.2014 processed

Do you publish details of your economic activity anywhere?

It would be interesting to see blockchain evidence if possible.

payouts for 23.6.2014 processed

No, we not publish any details about trading activity.
But we have every trade archived in our system

It worked as for me.

No payouts today and tommorow  because
no deposits on 24.06 and 25.06

Great LiteCoinX (LTCX) pump. 340% profit.
Pump hosted by CryptoPump group

WOW  ;D

payouts for 26.6.2014 processed

payouts for 27.6.2014 processed

We are now under strong DDOS attack.
CMC website slow loading, but we will be
online soon.  8)

payouts for 28.6.2014 processed

We curently mine with 3.60 Th of hashpower
79% bitcoins
21%  other altcoins

Next pump this week

Sftu you and your shitty&scammy site...

I have no complaints for CMC.
Can we guys give a CMC a change.

As long as they pay they are not a scam site like f...bitsleep.

How you  are sure that we are scam? Do we scam you or anyone else ? NO

Its our mistake because we open thread in wrong forum section...along with
gambling sites and ponzi schemes

21% of 3.6 TH/s is 756 GH/s.   LTC by far the largest area of altcoin mining only have 547 GH/s.    You are claiming to have more altcoin hashing than the entire altcoin world.   I suppose you could be only talking SHA-256 in which cause you don't have much by today's standards, ~ .1 BTC income per day from that. 

Well I'm sure you have a problem with honesty.

This percentage is based on total hashrate of our mining rigs.
Our system is designed to show all mining rigs as
single mining unit. Software show true bitcoin mining hashrate,
but percentage of altcoin scrypt hashrate is based on
total hashrate % minus bitcoin mining hashrate.

Its not 756 GH/s, for sure.

payouts for 29.6.2014 processed

In fact, the "gambling" section is the perfect place for your HYIP scheme lol. ;)

Any thing offering 50% return every 10 days is a scam.

Look at your website and tell me what other conclusion is possible:

https://i.imgur.com/LF5TO5q.png


So far you appear to have been paying, but I would argue that you have either been lucky or are using new deposits to fund profits for old investors. Either way you're not able to guarantee to generate 50% profits every 10 days, so yes, you are scamming everyone who believes that you are able to make such profits.

payouts for 30.6.2014 processed

Payment received AGAIN, thx CMC  ;D

We're glad to know that you are
happy with CMC  :)

payouts for 1.7.2014 processed

payouts for 2.7.2014 processed

minimum deposit changed from 0.005 BTC to 0.01 BTC

payouts for 3.7.2014 processed

Today we pay maximum single payout of 0.75 BTC  :)

Wow, now you're getting a problem with honesty.


The last things you posted made it more obvious that this is extremely dangerous.

You set another points of investment and reduced the maximum payout for the day.

Well, i think ur wrong....in their homepage is maximum amount what can u deposit 0,5 bitcoins.
So..what is the problem here..0,5*1,5=0,75 bitcoins

Yeah, but look - I don't think there are investments large enough to break the 150 % even.

For example - If I pay 0.5 BTC and there are 10 other people with 0.05 BTC and this is the only money-source they have, I can't quite understand where they get their multiplied amount from.
Mining this much in just 10 days is pretty...well..hard I guess.

They might very well be trading, but it will only be a matter of time before they lose and can't make the payments or just decide to go away.  

Blah, blah....
meanwhile, we still pay

payment for 8.7.2014. processed  8)

Tommorow we celebrate one month of CoinMintersClub   ;D

http://www.coinminters.club/p/deposit-now.html (http://www.coinminters.club/p/deposit-now.html)

Congratulations  :D

FAQ says:
What will happen if I sent less than 0.005 or more than 0.5 BTC ?
Every deposit lower than 0.005 BTC will be lost. If you send more than 0.5 BTC, you will get maximum 0.75 BTC back.
And payment page says:
Send between  0.01  and  0.5  BTC to following address
So, which is it?

Let me clear that up for you:

Every deposit lower than 0.01 will probably be lost.
Every deposit over 0.005 will probably be lost.

Payment received....thank you  ;D

Any vouches for this site? Any proof you're mining using rigs? Take pictures or anything :)

They just have a lot of stories about 250kW power generation and 3.96 TH/s of mining, of which 21% of it is altcoin mining.  (Scrypt was implied but never stated, but then they would have more scrypt mining that all the scrypt coins combined.)  They are in the mountains and use a 3G phone for internet.   

So you mean every deposit will be lost ?

And is this a ponzi ?

That means they dont accept deposits lower than 0.01 better stay away from this site.

I have deposited two times and received payments two times and reinvesting again  :)

Mind show us your prove of pump and dump ?

Somebody else already asked this and they stated that they can't make a photo or something like that.

I did two deposits but I highly doubt that this service will be around for long. I just can't imagine someone in the mountains running that with a 3G internet-connection. I mean, come on. What's the bandwith? 21 mbit/s ?

I have received 2 payments so far, today is the day I should receive my 3rd, but so far I haven't seen anything.

CoinMintersClub still not paid me....... go figure!

How Can I Trust U If i Deposit 0.01 you well not Paid after 10days What i have to do.

OP hasn't logged in since July 21, and hasn't made any post since July 19. I guess that is not a good news for you.  :)

aannnndddd its a ponzi. Scammers these days really aren't good at what they do.

I'm glad I did not deposit that much.

Being curious if he logs on again. Its the 10th day already.

I'm on my 11th day, I didn't have a ton there either. 350 dollars or so, but ahhhhhg.

this is absolutely SCAMM

Yep, I told that from beginning that's fucking "doubler" who has 7 scamming threads here simultaneously.
https://bitcointalk.org/index.php?topic=658125.0;all
https://bitcointalk.org/index.php?topic=657307.msg7396945#msg7396945
https://bitcointalk.org/index.php?topic=658125.msg7531863#msg7531863

Again: the end always the same - stolen coins
Regards.

All what can I say now.....im so disappointed 😞
One can never trust people..  :(
Well...i think I will go and hung myself.....
....maybe not...im so f...furious right now if all this is true

See, that's why I told you to proceed with caution.

Sorry bro. I lost about 70 USD.

Mine lost was 0,114 bitcoins  >:(
...and YES..i trust people too much  :(

WOW its too big lost -_-

Same as drumhow...about 70$.....70$ is money too. :(

Hell, I lost about $350 dollars. Not to put down anyone's loss and I knew it was at risk when I put it here. But it doesn't mean I wanted it gone.

THIS IS A SCAM PEOPLE! STOP LOSING MONEY TO THESE WORTHLESS SCAMMERS

Total bullshit scam.....shit!

A high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors. Most of these scams work from anonymous offshore bases which make them hard to track down.

Operators generally set up a website offering an "investment program" which promises very high returns, such as 1% per day (3778% APY when returns are compounded every day), disclosing little or no detail about the underlying management, location, or other aspects of how money is to be invested. The U.S. Securities and Exchange Commission (SEC) has said that "these fraudulent schemes involve the purported issuance, trading, or use of so-called 'prime' bank, 'prime' European bank or 'prime' world bank financial instruments, or other 'high yield investment programs.' (HYIP's) The fraud artists … seek to mislead investors by suggesting that well regarded and financially sound institutions participate in these bogus programs." In 2010, the Financial Industry Regulatory Authority (FINRA) warned that "[t]he con artists behind HYIPs are experts at using social media — including YouTube, Twitter and Facebook — to lure investors and create the illusion of social consensus that these investments are legitimate."

~~~http://en.wikipedia.org/wiki/High-yield_investment_program (http://en.wikipedia.org/wiki/High-yield_investment_program)

lost 0.05 bullshit.

Seriously, there are so many red flags and warning from others in just the first page, why do you guys deposit in these obvious ponzi scams?

I have to agree on this one. 

I didn't find this board until after, when I started to get suspicious.

Besides 50% every 10 days not being mathematically possible, didn't you read the FAQ?

"Do you have other source of Bitcoin income ?
We run 3.96 Terahash mining farm,  powered with our own 250 kW mini hydropower station. So, electricity for mining is practically FREE.  We mine most profitable altcoins."

A 250 kW mini hydropower station is far from FREE. 

What he is saying that now the power is free, but he did spend a lot on the generator. I still won't invest in it because why would he give away some of his earnings for free to the public. Maybe he needs a loan?

Huh?  He also said he lives in the mountains.   Get a clue, he is just making up crap.