You're wrong. Even if they tell you it is a ponzi 'game' the end result will be the same, the scammer walks away with a 'profit' he steals from the victims he has conned into sending him money.

A Ponzi scheme, by its very nature, will collapse and leave the majority of its victims at a loss. The only person guaranteed not to be out of pocket from these scams are the operators who get to choose when and how they steal from their users.

Users who participate knowing the truth about these scams hoping to be in the lucky few who might, *might*, get back more than they put in, are basing that hope on their being able to steal from later 'investors', too. Not all of these later investors will realise what they are sending money to, so you can't honestly claim that everybody who takes part knows what they are getting involved in.

Hahahahaaa, sure, of course it has!

Are you just pretending to be this dumb?

XBTMine is not a 'cloud mining' operation, it is a Ponzi-based scam. It will steal money from later users to pay earlier users until, inevitably, it doesn't have enough new users depositing the funds needed to cover what they have to pay out and it will collapse. Not before the OP has stolen as much as he can, of course.

All Ponzi scams *have* to pay out at first because the moment they stop then people panic and try to withdraw their funds en masse.

Even if it manages to survive long enough that the very first participants get to withdraw more than they put in, that 'profit' they earn is actually money taken from those later users. Which is theft.

ORLY? I guess you only hate the ones you don't manage to profit from.


Because you're clearly trying to profit from this scam, which is odd for somebody who professes to hate scammers.

Man, WhiteCodex you truly suck at this scamming lark

Still hoping to make some dishonest profit out of that crappy ponzi script?

Give it up. Stop trying to make money by stealing it.

There, fixed it for ya!

After all, they ain't selling actual hashing power, they are selling numbers on their screens which they make up as they go along.

Well it is better to do something which might result in the information being passed to a relevant authority, than to simply walk away and let the criminals keep your money without consequence.

These people will travel at some point, this is the information age. Eastern European and South American Law Enforcement issues aside, multiple complaints filed by people all over the globe would end up being recorded on central crime databases, such as Interpol and FBI. There are even online points of contact for people to file criminal complaints.

Stop being so lazy and dismissive.

Yeah I already recommended that as a good starting point for correcting wallet issues.

The law in question is not US-specific, fraudulent misrepresentation exists in the criminal code of most, if not all, legal jurisdictions.

I find it astonishing that people can be so quick to throw money at these scams and yet claim to be totally at a loss as to what to do when it rips them off. Contact law enforcement in your own country, file a case.

These criminal scumbags count on you to do nothing. Register your complaint as a crime of fraud and there's a chance at least that something will be done, especially considering that the scrypt.cc website is still live.

I vote for hashing speed over time.

Mining hasn't started yet? How come coins are already being sent from the deposit address to Nicehash? Is this just in preparation for it commencing?

Google translate does a fair job, not great when it comes to Germans colloquialisms, but enough to get a general gist of what is being said.

Thanks for the welcome. Had to run this thread through google translate though, wasn't sure if I'd missed the deadline or not as I see the mining has already started.

My 0.5 sent on TX id: 2c43d4b78a2b26b76e96b85bc7831ad3894a837a6d0fc339dc90470d096b2532

It was never meant to help any newbie do anything other than be conned into believing that the OP was promoting a genuine cloud mining service. The whole point of posting here is so that their red trust text doesn't show.

The OP is a shill for cm.w, just like GermanGiant. Their accounts are probably being operated by the same scumbag.


Check out Vitamin King's post history, it is all about cm.w

This thread was a deception from the outset and should have been removed as it purported to be a genuine request for advice from a newbie while clearly being nothing more than a promotion for the cm.w scam.

For Homero to describe that list of items he stole from the house as "petty" just shows how much he believes he is entitled to take whatever he wants and any complaint can be dismissed as being unwarranted or petty-minded.

It doesn't occur to him that if he owned that house and a tenant had walked off with all those things he wouldn't exactly be passing it off as inconsequential.

The narcissism is strong in this one.

The ponzi scam in my signature, that is who he is referring to.

All they have are shills posting about how long this operation has been running. I recall the scrypt.cc scumbags parroting that irrelevance incessantly, too.

Why bother with a 'cloud mining' service when you can rent actual hash that you control and can point wherever you want from places like Nicehash or Betarigs?

Sticking it to the man'? So you think the insurance companies have to swallow the cost?

If the cost of medicines go up then insurance companies simply jack up the premiums they charge. They don't lose out, American citizens do.

US Hospitals charge significantly more for treatment compared to similar quality care in other countries, why? Because they can. The American public have been conditioned to believe that the co-pay amount they have to cover themselves is acceptable because the remaining extortionate cost is covered by the insurance company. The simple fact is that the amount of co-pay due is frequently found to be similar to that of the entire cost of the same procedure in other modern countries.

US Hospitals are making a fortune, US Health Insurance companies are making a fortune, US Pharmaceutical companies are making a fortune.

Where do you think the money comes from? It isn't from swallowing costs on behalf of the consumer, that's for sure.

There is a huge difference between a high-risk investment and criminally fraudulent scam.

Remember, the 'profit' you are trying to make from these scams is that stolen from later 'investors'. You are essentially promoting the idea of theft as an investment vehicle.