I simply end stating that we are accustomed with a system that stole our resources and can't accept a different one that create wealth. These is a big obstacle in our views ( sorry for my bad english )
I understand your point, but I don't believe Mavrodi is the savior, just a clever scammer. You are new on this forum. Please try to post in one go, continually adding to and changing a post during a conversation is bad manners. Your English is good enough, it's your judgement that isn't.
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Honestly I think this can be overpassed in case Mavrodi is not fair That's OK then. That's ok but... Call it what you like, you have obviously drunk deep from the Mavrodi Kool-Aid. I don't deny he is a very clever salesman, he knows how to present his fraud as a "liberation" from the evil system, he knows how that resonates with the man in the street. That is the part that makes me angrier than usual about this particular scam, the cynical exploitation of poor people. Again, this is little offensive and didn't address the problem What problem? You have the only problem that I can see here. You seem to believe that a scam like MMM is sustainable paying 100% per month interest with no economic activity or income, apart from new investors. I don't. I have pointed out the maths, you ignore it. You believe MMM will liberate people from fiat exploitation. I just think it will liberate them from their fiat. I have pointed out that the supposed P2P system is centrally controlled by Mavrodi, as were all the previous failed versions of this scam, through Mavro conversion. You think this can be "overpassed". I don't. I am being polite. If you want, I can be offensive.
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Call it what you like, you have obviously drunk deep from the Mavrodi Kool-Aid. I don't deny he is a very clever salesman, he knows how to present his fraud as a "liberation" from the evil system, he knows how that resonates with the man in the street. That is the part that makes me angrier than usual about this particular scam, the cynical exploitation of poor people. Honestly I think this can be overpassed in case Mavrodi is not fair That's OK then.
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And where do you think your 100% interest per month comes from? Mavrodi admits there is no economic activity. It comes from other 'investors'. Do the compound maths sometime on 1 BTC at 100% per month. I'll do it for you, after one year: 4096.
And conveniently ignore the centralized control of Mavro conversion. As a matter of fact, ignore whatever doesn't fit with your MMM Global view, that's your problem.
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Funny think about this MMM group, they don't want to use the word "invest" they call it "provide help", if your investment reaches it time to be withdrawn, they ask for "get help" or "withdraw", from that point those who want to invest will send BTC to those who requested for help. What if Sergey created like hundreds of bogus accounts so he cant have a piece of his creation without investing
Why should he create fake account if he can invest as normal users to receive his 100%? Why screw up his system with this trick ? The whole system is a trick. I have been watching the progress of MMM South Africa, a stream of naive victims with very little understanding of what's going on, just Mavrodi's cynical lies as hopeful way out of poverty. It's quite sad. This was an obvious scam to say the least.. I've seen a bunch of their spam lately.
Someone will also explain where is the scam exactly? The scam is in the centrally controlled value and convertability of Mavros. As soon as the pyramid peaks and begins to fall in on itself, the shitcoin/token becomes what it was all along: worthless.
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The OP has previous form for this weird behavior, randomly attaching Bitcoin to bad news https://bitcointalk.org/index.php?topic=1151464.0If he really wants to play at being a journalist, maybe he should update his profile web page which tells us the current US dollar price of 1 Bitcoin (BTC) is $1025.50 7th January 2014.
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Wait, so genesis mining isn't 100% confirmed legit either?
genesis-mining.com 1+2+7 => 3/7 = Probably legit.
1) No public mining address / no user selectable pool.A cloud mining company that won't let you direct the hashrate to your pool of choosing and can't prove its actually mining bitcoins itself, is very likely a scam. There is no reason to hide mining address or not sign blocks. None! 2) No endorsement from any ASIC vendor.ASIC vendors will gladly make a simple post to show the company in question is a significant customer of theirs. Its free advertisement for them and it helps their customer grow their business, so there is absolutely no reason they wouldn't. If a (cloud) mining company cant get any ASIC vendor to post such endorsement, you should assume they don't have any hardware to mine with. 7) No exit strategy.If you can't sell your position, you can't get your money out. That's the ideal case for a ponzi and allows it to run for a long time. Hope this helps! They have a close relationship with Spoondoolies. In fact they manage a cloudmining site for Spoondoolies. The mining address is public on their site. Really you need to be careful on the "never had a miss" thread that still lists GAW and AM Hash in the NOT A SCAM section. Come on Puppet 80% is still a good record, but a miss is a miss. To be fair, he listed GAW as Based on wider context: more suspicious than a nun squatting in a cucumber field As for AM Hash, there was no section in his analysis for "CEO legs it out of the blue one day". They have a close relationship with Spoondoolies. In fact they manage a cloudmining site for Spoondoolies. That should be a plus, but after news about the BTCS merger progress, not so sure. If Spondoolies get dragged under by the lack of capital, what are the implications for large users of their equipment? http://www.coindesk.com/btcs-filing-substantial-doubt-bitcoin-firms-future/
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snip<butthurt abuse>
Great way to get clients lol. Bye.
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How about some screen shots of your 5 year profitable trading account records? Otherwise this is just words.......
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I have traded binaries myself for over 5 years and I think it is time to help out the community.
That's very kind of you Shinto, helping people out. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If you've been trading binaries for 5 years, presumably successfully, you will have made some good profit. Why do you need outside capital, with all the hassle it brings, why not just keep trading on your own account and keep 100%, not just 10%?
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Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.
Arbitrage always looks tempting and sounds promising, but the practical aspects that you mention of actually doing it and the potential risk involved put me off. If you are looking for ways of trading bitcoins as a price speculation, rather than buying to hodl or use, then derivatives have leverage, are hassle and tax free on profits but wide spreads.
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< >actually, you dont even need to trade with the person at all to give the positive trust
Agreed, but this situation is the inverse of that: you don't need to give positive trust just because you traded. As DiamondCardz says, someone pays you $10 for a book. Why does that make them trustworthy? And, specifically to the point of this thread, why should that make you tell other people that they are trustworthy, especially when your viewpoint has been given extra weight by the system?
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For reference his sole trustee is escrow.ms. And, ironically, they don't appear to have traded with each other, according to left feedback. That implies that escrow.ms has specifically added BTSpagetti to his trust list, presumably realizing that this would give his left feedback added weight. Bigtimespaghetti seems like a completely uptogether member of the community and a good guy, but +1 from me to this This is one of the problems I see with the trust system sometimes. If it's a one-off purchase for such a small amount (here it's under $10, come on), for something as insignificant as an eBook, where the user also went first...that doesn't warrant positive trust, you don't actually trust them highly due to that, do you?
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who needs a proof when common sense can already tell us that this is a ponzi scheme and would collapse in a matter of time.. Its already showing a sign of collapse ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Already post all my data about Cloud.Mining.Website SCAM here: https://bitcointalk.org/index.php?topic=843417.msg12895581#msg12895581It is self moderated thread so if it will be deleted just let me know - i hold copy. It has been found that you are actually at ~50% at www.cloudmining.website and spreading FUD to blackmail the service. Explain the reason of your hypocrisy in that thread. p.s. tmfp is helping you. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .... LOL, a blackmailer now if you criticize this scam, not just "in the pay of the competition". Kotwica's ROI is nowhere near "~50%", it is 34% negative, as you are fully aware. The figures in the other thread make this perfectly clear, after a year he is being paid dust and has an estimated FOUR MORE YEARS before his G/hs earnings pay back his original purchase price, never mind give him a profit. The fact that his terrible "investment" mistake in your scam has been softened slightly, because he was greedy/naive/optimistic enough to refer someone else to it and is being paid blood money for that, is totally irrelevant. As you know. Actually, a "cloud miner" that pays more in referral bounty than it does on its investment contract....how much more proof of a scam could there be? This is called "shooting yourself in the foot" GG. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Still doesn't make it any less of a ponzi-based criminal scam.
Ofcourse not! They still pay, but dust - same like PBmining! To get ROI i need around 4 years more, so i'm sure that this web will be down till this time.. AFAIK PB mining is long down and does not pay anything. The weekly payments those are coming out of CMW are not dusts either. But, still I am assuming you are honest and spealing the truth. Could you please give us the opportunity to verify your truth ? If you are honest enough, please provide the following data, so that people can verify your claim independently on the blockchain... 1. Total invested - Just provide the total amount in BTC and the Tx IDs with which you have made the payment. If you have made payment to multiple addresses, please provide the CMW addresses too, where you have made the payment. 2. Total received - Just provide the total amount in BTC and the Tx IDs with which you have receive the payment. As there are multiple addresses where payments are sent together, please provide your addresses too, where you have received the payment. This is how, people'll be able to independently verify the depth of your truth. I hope, our DefaultTrust grammer police will be honest enough to mark you red if you can not prove this. p.s. Please do not post a lot of unverifiable garbage data. What I have asked is enough to reveal the truth. I have two little problems:1. In december i changed my bitcoin address in CMW because : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDTK89Uv.jpg&t=663&c=cxTDQwOeF_I7Mw) My old BTC address: 1PiVXGLoCZxkAXQoE1tgWUGcFNE4nxMMGp My new BTC address: 1EvusBDJmWuz1i4BtF3LMdeAFLqRuVuN9m My orders: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FmxiojaB.jpg&t=663&c=sw45oT5CSW3GrQ) Sorry but i don't remember from witch of my addresses i pay for this orders. Probably CMW can truck them. I bought a total of 130GHs for 0.13 BTC2. I had earnings from referrals: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FeQ6o5R1.jpg&t=663&c=YTUXpebpeZ2qEA) And in withdrawals are mixed mining earnings and referral earnings. But it is easy to count: (paid)0.19206015 - (refs)0.115 = 0.07706015 + (pending)0.00866164 = 0.08572179 - EARNINGS FROM MINING TILL NOW Invested 0.13 - 0.08572179 = 0.04427821 - TO GET ROI 0.04427821 / (yesterday earning) 0.00002961 = 1495.38 DAYS IT IS MORE THEN 4 YEARSTO ACHIEVE ROI I NEED MORE THAN 4 YEARS Here you have all transaction ids: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FBjmLviS.jpg&t=663&c=dnzycXUvlkJQCA) Payment number 2516 is on both pictures. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F7TMyDzB.jpg&t=663&c=7wJOQvSOaCzcCQ) To truck them easiest here you have copies: b669d6ce9b6aca58777803449897ab80d56730767224b5f7a85a64449bfeec57 c80f55edb28faaf983699650dce2fb6fe0b2f0f54d89c21fccabf3156a1a4d78 f7d711271f5dec16dfec1cd9342692a498c6c9b1d8a08687b40be4e0035932eb 7e449a5190b799ac21607c8c84f4a16e7fea58722e55edd406e27542bea4758a 187682e30cd8c9c0002b0ff377d8b87b69d8688c4f87aaeb1de4a41252d8e39b a8b2a2b159e93eb23abc8d93dea5f775703bd9094e2529aa8303531365f90d39 a6e17f25ff95d13d6b7fddeb229fab372bcea45b9967557afd7f48bc92ed987c 70d6d485b01d1cfb99f745b99691457d908a2f87c6055c15401014f2318e6cbd 95fc145d5dcd2c317bb6121a68d3503e74c5cb269a3ba670da11fa381871f0ca c713eb36b6271889ba9ceb4ddd5415b23672ab0b42f3229ee0b0da3d03c19cf7 d8c25c3577b46d6efecc8ecb9d27373bb210b60da591de7f87c162ff0fa3d62d 2c089c5bc392907424f3942b347239ba89e049cfa41b2854a169a3460711632c I hope it is enough informations to understand that i'm scammed. EDIT: I feel worse that persuaded others to pay money in a scam! I knew you wont give a direct answer and will attempt to confuse people with your lame claims. Below is the figure that anyone can make out from the screenshots you have provided... Total invested = 0.13 BTCTotal received = 0.19206015 BTCProfit made so far = 0.06206015 BTC, i.e. ~50% profit made in one yearAnd you are claiming across the board that you are at loss at www.cloudmining.website ? Such a hypocrite !!! You are actually trying to blackmail an honest service to extract as much as you can. If you are really feeling so sad about referring people to invest here, why dont you start refunding them from your own profit ? GG, you get worse, your hype doesn't make any sense at all any more.....your credibility is lower than Kotwica's mining payments. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Also from the same stable
CoolHash.com SpecialMiner.com Bitminr.com
avoid at all costs.
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Just now, researching some MMM shit, came across an incubator of cloud mining scams: Coolhash.com Bitminr.com MineProfit.com SpecialMiner.com The last one has already been released into the wild, with an absurd 35 day ROI, possible download virus for free trial, made up details etc. etc. etc. Obviously avoid at all costs, pass it on should anyone show any interest in this crap. EDIT: MineProfit.com also confirmed virus https://bitcointalk.org/index.php?topic=1221901.0
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