Bitcoin Forum

Hi, what can you say about this site?
Did not find information about it on the forum.
I really like the design, saw an ad recently)

Link: https://cryptonyx.com

Are you connected with the site?

Hi, what can you say about this site?
Did not find information about it on the forum.
I really like the design, saw an ad recently)

Link: https://cryptonyx.com

Looks like a great ponzi site.  Yes, deposit all your BTC there, tell us how wonderful it is  ;D

Are you planning to have a sig campaign soon?

I made the smallest deposit  ;D

Step this way, ladies and gentlemen, come and see the Amazing Bearded Lady and the Boy with Two Heads.....

In 2 years a 10,000 investment will be 4 million.

Profit is calculated in bitcoin, so you're a little wrong.

Just another ponzi for fools ...

Yes, things are different in Bitcoin, even the math.
In Bitcoinland, it is perfectly normal to expect 1% daily ROI from total strangers and to send unrecoverable money to an anonymous website.

Rudeness is also not from the great mind!


I agree, but this is not the worst that happens in "Bitcoinland" =)

It's not rude when it's a fact

It's rude and there are no facts. We have different opinions, but that doesn't make one of us a fool.

Everything about them screams HYIP/ponzi. If you don't see it then you are either incredibly naive or a shill for the scheme.

who knows...

your site

My site? I am not connected with the site.
 

These are your guesses. In any case, it does not make anyone a fool.

So why are you so defensive about it?

So, which is it, shill or naive?
Because one things for sure, we aren't fools.

we aren't fools

 What makes me a fool? Only the opinion of a bunch of people who are afraid to take risks for the sake of profits?

if you could only see my trading book right now

These are your guesses. In any case, it does not make anyone a fool.

Why do you think it will be different this time?

It is always different.

It depends on your point of view. You are looking for opportunities or sit and whine about everything has the same end.

so why do you think they are legitimate? Please be descriptive, saying "It is always different" is not a compelling argument.

And why should they be legitimate? I rather like the anonymity and I am not worried about the legitimacy of the service. That's why I use Bitcoin, which is not legitimate in many countries including mine.

Seems that we agree it is a hyip/ponzi.

Who said that? Its your opinion. But I don't see the point to argue because the facts are missing.
By your words any anonymous investment website which accepts Bitcoin is a ponzi/hyip. I don't agree with you.

Their method of raising capital is illogical and does not increase their profit. See below quote from another thread.

*Bolded for emphasis.

What are some Ponzi scheme "red flags"?
Many Ponzi schemes share common characteristics. Look for these warning signs:

-High investment returns with little or no risk. Every investment carries some degree of risk, and investments yielding higher returns typically involve more risk. Be highly suspicious of any "guaranteed" investment opportunity.
-Overly consistent returns. Investment values tend to go up and down over time, especially those offering potentially high returns. Be suspect of an investment that continues to generate regular, positive returns regardless of overall market conditions.
-Unregistered investments. Ponzi schemes typically involve investments that have not been registered with the SEC or with state regulators. Registration is important because it provides investors with access to key information about the company's management, products, services, and finances.
-Unlicensed sellers. Federal and state securities laws require investment professionals and their firms to be licensed or registered. Most Ponzi schemes involve unlicensed individuals or unregistered firms.
-Secretive and/or complex strategies. Avoiding investments you do not understand, or for which you cannot get complete information, is a good rule of thumb.
-Issues with paperwork. Do not accept excuses regarding why you cannot review information about an investment in writing. Also, account statement errors and inconsistencies may be signs that funds are not being invested as promised.
-Difficulty receiving payments. Be suspicious if you do not receive a payment or have difficulty cashing out your investment. Keep in mind that Ponzi scheme promoters routinely encourage participants to "roll over" investments and sometimes promise returns offering even higher returns on the amount rolled over.

You said it yourself that you do not care if they are legitimate and gave no reason to why they could be legitimate. If you think they are a legitimate business and not a hyip/ponzi, please enlighten us.

Some signs of a ponzi, if you are unaware:

There is no connection between legitimacy and ponzi. A legitimate company can be ponzi and illegitimate service may not be a ponzi.

I am familiar with these signs, but this is only a warning, not an absolute truth.
At the moment there are no facts. In my opinion this service should get a chance. But I can be wrong.

By legitimate I mean their business activities are what they claim. There is no way they are actually generating the huge returns needed to pay out their loans to investors by the secret methods they claim. They are not a legitimate buiness.

You will never get definitive proof either way unless they open up their records to a third party. Why do you think the service should get a chance? What makes you think they are different then any other ponzi before them?

any other ponzi before them?

What business? What activities? On the website there is not a single word about fiat, they accept only bitcoin. That's why I said that I don't care about their legitimacy. I live in a country where bitcoin is not legitimate, so I do not care. And if it was about fiat then of course you were absolutely right, but it's not.

At the moment their service works, unlike those who are already failed. This is the main difference. And the chance is necessary because I need such services, and I am sure that I am not alone.

What business? What activities? On the website there is not a single word about fiat, they accept only bitcoin. That's why I said that I don't care about their legitimacy. I live in a country where bitcoin is not legitimate, so I do not care. And if it was about fiat then of course you were absolutely right, but it's not.

Once you have transferred funds and your Deposit has become active, your coins begin to work. Methods of raising funds are time-tested and all risks are minimized.
Income is derived by experienced traders, speculators, miners and entrepreneurs. We do not disclose our methods, but we can assure you that they work perfectly for a very long time.

At the moment their service works, unlike those who are already failed. This is the main difference. And the chance is necessary because I need such services, and I am sure that I am not alone.

Of course they are vague and secretive about what they do, but they do claim to "put your coins to work" presumably in some way that will generate a profit.

Because the site deals in Bitcoin it is okay for it to be a Ponzi scheme?

But in reality, they just use your money to pay out previous investors.

There is not a single shred of evidence that they're actually doing anything to earn a profit with the money you deposit.

snip

Everything about them screams HYIP/ponzi. If you don't see it then you are either incredibly naive or a shill for the scheme.

They present themselves just like a ponzi

No, they don't. You think so.

Please elaborate, why don't you think they are a ponzi?

Please elaborate, why don't you think they are a ponzi?

Just another bitcoin-trader.biz.

If you see people with low post counts supporting it they are probably shills or just idiots.

Enough of insults. You're wrong.

Enough of insults. You're wrong.

Prove it.

Do you want to make a bet with a trusted member of this forum acting as an escrow? I'm sure many of us here would be willing to take that bet. Like say the operate for a year without getting hacked, lost wallet, lost in a typhoon, etc etc etc. I'm sure you wouldn't take that bet. Because, Ponzi.

I have another deal. I will make this bet after some time when I get a few payments here. In other words, I will bet my own first profit. If I lose, I admit my mistake and pay for it. If you lose, then you will double my first profit.

So you're admitting that you don't even know if this website is legitimate or not? You seem to have doubts. Why send them money if you're not even sure that they're legitimate?

Of course I don't know. How should I know? Yes, I invested my funds there, not knowing anything about those who have launched this service. So what? Not much time has passed since my good friend has received advice from the veterans of the forum to use Mt.Gox exchange. ;D

There's a massive difference between MtGox and this. MtGox had a legitimate business model: trade Bitcoins for fiat and the company takes a (small) cut. They screwed up their business, as we all know. But there are several other companies still out there, with the exact same business model, doing fine. An exchange is a real business model. It can still attract incompetent or dishonest people, sure. But the business model is okay.

There is no way to obtain 6% profit per week guaranteed with no risk.

What convinced you that this is likely not a scam?

And why, in this case, a legitimate model is better? I know, legitimate model can attract a large audience, and as a consequence scam more customers. Awesome...

Even to buy 1 BTC is already a big risk.

To convince is the wrong word. I see here a good opportunity to earn BTC.

You are just writing down words now, you make no sense.
 
Rannasha, you're being trolled mate, probably for post count and bumping.

you're being trolled mate, probably for post count and bumping.

Considering the evasiveness of LorkiSan's answers, I think it's highly probable that he is a paid shill. This is not new, a previous Ponzi scheme (Cryptory) paid people to post on this forum promoting the scheme. After pushing long enough, the shills admitted that, around the time the scheme collapsed (if I recall the chronology correctly).

Yeah, I remember Cryptory, at least they put a bit of effort into that Ponzi, with the photographs and stuff, not like this transparent nonsense.
Those shills only lost their nerve after Dooglus started hitting them with neg trust, iirc.
These two on here seem to be run by some sort of circular script, probably carry on with their nonsense posts indefinitely. Or the couple of weeks it may take for this joke 'investment opportunity' to eat itself.

You are just writing down words now, you make no sense.

stop investing your money in these ponzis people, sooner or later they will all end like BT

THERE IS NO SUCH THING AS FREE MONEY

people who post positive about this criminal operation here get paid to do so.

6% per week?

You dont even have to visit the site to tell it´s a scam.

this would be (((1+6/100)^52)-1)*100 percent per year (if you dont withdraw gains before 12 months).
In other words:
Someone is promissing you a secret method to give you roughly one thousand ninehundred seventy percent p.a.....

sure. sounds legit.*


*...for the simple minded:
this is straight forward fraud.
people who post positive about this criminal operation here get paid to do so.

you, sir goldsurfer, are a fraud.

I'm not going to continue this conversation without the involvement of your parents.

Hi, what can you say about this site?
Did not find information about it on the forum.
I really like the design, saw an ad recently)

Rudeness is also not from the great mind!

I agree, but this is not the worst that happens in "Bitcoinland" =)

GoldSurfer you are total bullshit

I don't care what you think about me, insults are off-topic.
You are extremely ill-mannered, mentioning Hitler is the worst of all that was in this thread.

site down for me

You are extremely ill-mannered, mentioning Hitler is the worst of all that was in this thread.

That's because you took it down. You are a scammer, along with 90% of the newbies helping you create posts advertising this thread.

See ya later jerkoff!  :)

And for me, too.

Mы пoнимaeм, чтo вы мoшeнник . Этo oчeнь лeгкo . Bepнyтьcя к Poccийcкoй caйтa, вoзмoжнo, люди Ecть лeгкo oбмaнyть .

We are not discussing nationality here! Off-topic

true.

there are criminals in every country.

even in Lviv (just a random example).

but now back on topic of that scam site you are trying to promote:

Yes, Yes, I know that you have no money to invest.

correct.
Actually no one has money to "invest" into your scam. Even if you add some MLM to your ponzi, it will only be a fraudulent scheme.

It's all in your head, kid.

You have not given one sustantiated answer to any of the questions I and others have raised and always try to deflect by triying to make this in some way personal.

Then maybe you will realize what a jackass you look like right now.

Please re-read scammer defense strategy #1:

stop your fraudulent ways and repent.

What should I finish? Tell me.
I hurt two kids, I repent.

GoldSurfer is just trying to fund his anti-Putin organisation with this criminal fraud.

Enough trolling, if you have nothing more to say, then leave this topic please.

Obvious ponzis will always have critics. Except for shills and sockpuppets, don't expect much support for these types of schemes here.

There is a huge difference between criticism and insult. It was not a criticism, it was insults from two foolish creatures who do not know how to keep their emotions under control.

I have nothing against adult critics. Moreover, I even agree with for the most part, I just can't support something without facts.

yup ... just a scam ... there is no such thing as free money ...

Proof? Withdrawal works, I have been paid a couple of hours ago :)
What do you mean by "free money"? I invested my BTC, it doesn't even look like "free money" >:(

Proof? Withdrawal works, I have been paid a couple of hours ago :)
What do you mean by "free money"? I invested my BTC, it doesn't even look like "free money" >:(

Received income from a two-week deposit. Everything looks good, so I added an affiliate link in my signature.

Like every ponzi at the beginning.

Pays! Got my well mixed BTC.

I received another payment today, everything works fine.

Stop promoting scams dude

I never started

It's ok, I don't expect you to admit you are wrong.

THIS

You did create this thread and you do have a referral link in your sig, so you are obviously promoting this scheme. I guess you are (still) suggesting they are not a ponzi?

We already know you don't care if they are legitimate (not a ponzi), since you admitted it earlier. Your best reasoning for them being legitimate has been "but they are different", which is hardly compelling as most evidence points to the opposite.

It's ok, I don't expect you to admit you are wrong. You have a financial incentive to promote this scheme and nothing to gain by admitting you are wrong.