I was considering investing.
EV SSL SGC verifies our authenticity as well as secures all transactions up to 2,200BTC. Feel free to invest and profit.
and I contacted Comodo and they said the site is fully vetted and verified.
I don't know what kind of bond they'd have to put up to get 2,200BTC in insurance or what the terms are if the company collapses but it "appears" legit.
I think I'll sit this one out though... unless some better reviews appear.
Cheers.
How does the insurance policy work? I didn't know Comodo does insurance. Are there things I could read up one about this? They don't. It's complete 100% bullshit. There is no insurance. An EV SSL SGC certificate costs $500 a year. By all means play with fire if that's what turns you on and put some dust in this scam, but don't for one minute, pretend it's anything else. Ninja edit: Namecheap are selling this Comodo shit for $150 a year. The McAfee of SSL.
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I was considering investing.....it "appears" legit.
Funny how different people see different things. I think it stinks like a week old dead fish and if it's still around by Christmas I will eat my hat. The red one with the bobble on top.
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Theymos won't intervene, the MMM shills have been around BCT for a long time and usually get a kicking, which is better than censored silence e.g. https://bitcointalk.org/index.php?topic=1026379.0Mavrodi may be a mad crook, but he's not stupid, he realised the potential of BTC for his scam, but I'm not as worried about him dumping and the price crashing as some people are. Bitcoin's as good a medium as any for MMM to keep their loot in, I'd guess that they have been converting it back to fiat bit by bit along the way.
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well another cloud mining ponzi shit that will scam .... when was that royal hash launched? anyone who knows how long have been they're working?
Website registered September 17 2015, for a period of one year.
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I feel that when this ponzi crashes, since there are so many users of it, it will cause a dramatic drop in the price of Bitcoin and a dramatic loss of confidence in Bitcoin from the people who were only using Bitcoin for MMM. And of course the media is going to be all over it and bashing Bitcoin as they typically do...
Mavrodi's Magic Money has been around for a lot longer than BTC. I can't see a "dramatic drop in the price of Bitcoin" due to its inevitable failure, why should there be? There hasn't been a dramatic loss of confidence in the various fiat currencies that have been used for MMM, so why should there be in Bitcoin? Wow, they're on the ball aren't they? Where have they been for the last couple of years?
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Pure Comedy Gold........... Initially founded by a group of enterprising Bitcoin aficionados, RH Miners Limited has a staff that includes industry professionals in engineering, advanced computational technology, and cryptocurrency mining techniques. Incorporating a blend of advanced computer equipment and a centrally located data center, RH Miners Limited is capable of engaging in effective strategic Bitcoin mining, at a fraction of a conventional price. Profit from Bitcoin Cloud Mining, It’s fast, lucrative and secure! You can easily start profiting today - all you have to do is open your free account. Paging Mr. Jeff Taylor! C'mon Jeff, come and tell us about mining in the Shard........
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We award such as Black Dimond and Double Dimond.
I'm aiming for tripel dimond.
This isn't the original onecoin
Sadly we can't get rid of it that easily.
Do you know who this is? In Onecoin he is a Black Diamond. In his downline: 2,000 Sapphires 400 Ruby 80 Emeralds 30 Diamonds 10 Blue diamonds 4 Black diamonds.
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I just wanted to say you people need to ask Puppet to keep updating his reviews with new information.
The method he outlined in the OP for how to identify likely ponzis is still valid. I always thought the idea was to try to force some basic transparency out of anons with a website who want payment upfront for something that may not exist. If any new operations come along and don't offer sufficient transparency, then don't invest, simple as that. Please disregard any opinion or information I am posting on this thread. I am the technical and communications officer for a mining contracts platform and doing so would be a conflict of interest.
Presumably the ones in your signature....how many do you reckon they would score on the /7 criteria list? Double bonus lifetime referral 100% uptime guarantee
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Hello 2014 farmed newbie account, thanks for sharing your in depth research. I am sure that such rigorous analysis will keep you from giving your money to any old ponzi scheme with 0% proof that they are doing what they say they are. Do you have any other Bitcoin investments? Wow, someone is getting butthurt here... I did not even bought any hash power at cloudmining.website yet. In fact, none from any cloud mining website. notlist3d, the Hero Member poster just after my first post, said everyone going into cloud mining should do some research. This, I think, is correct. Hence, I posted what I found in my research. Cmmonitor.com has not reviewed cloudmining.website only. It has also reviewed Genesis Mining, Hashnest etc. None of them are disclosing all of their mining addresses and showing the sold hash power in real time, which is the one and only proof to know whether a cloud miner is honest or not. Do you think all of them are scam? LOL, butthurt...no of course not, why should I be butthurt? It's your money, not mine, that you are thinking of sending to some anon on the promise that he will give it back to you, little by little, and then some more on top, in about a year or so. Maybe. A perfectly reasonable decision to make, based on......a monitor site. BTW did you read the comments on CMM, from say #12 onwards? (N.B. CMW supporters say that any critics are in the pay of the competition, despite providing blockchain proof of drastically low payments. It's all on the blockchain, right?) I looked seriously at cloud mining for a while as a potential investment, but came to the conclusion that they were either ponzis, resellers, or legitimate ventures that want to raise capital (there is no other reason to sell profitable hashpower) and have control over how much interest they were prepared to pay. None of those situations appeal to me.
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The problem with trusting HYIP monitors is that their trial investment is usually paid by the scheme admin as part of the deal for inclusion on their site. This means it's very easy for an Admin of a scam to continue paying a few Sats to the monitor account while scamming everyone else.
HYIP monitors are part of the business model of ponzis, not impartial observers. Do not trust them.
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Looking for some ways to gain trust.
Start off by deleting this thread.
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Large systems of interaction must exist on a planet with billions of people on it, those systems have evolved and mutated and can be unbalanced and cruel, but they are all we have. Arguments about destroying them or replacing them are valid, but criticisms don't relate to "ponzi" and "pyramid" in anything but a general concept of centralization.
http://www.econmatters.com/2013/02/the-stock-market-is-giant-ponzi-scheme.htmlThat article reinforces my point about the word "ponzi" being used in an incorrect macro sense. The author is griping about Quantitative Easing (QE) and its inflationary effect on equities, which is a valid point. He also says that QE can be used in a Keynesian sense to front run or 'kick start' private economic activity, which is the Central Banks' justification for doing it. You may agree or disagree with that approach being used to manipulate 'free' markets. It may be kicking the can down the road, but that doesn't make it a ponzi.
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In my opinion, the terms "Ponzi scheme" and "pyramid scheme" don't scale up very well. Both came into use to refer narrowly to deliberately fraudulent 'investment' schemes, the key to which is the central falsehood, that the money being paid out is the result of bona fide business activity whereas in reality it is other investors' money. They are useful terms in those situations, but ideologically inspired use to describe fiat banking or even civilization itself is essentially meaningless. Large systems of interaction must exist on a planet with billions of people on it, those systems have evolved and mutated and can be unbalanced and cruel, but they are all we have. Arguments about destroying them or replacing them are valid, but criticisms don't relate to "ponzi" and "pyramid" in anything but a general concept of centralization. Bitcoin, a ponzi? No, I don't see it. It is decentralized, freely traded at agreed value. Cost and method of production aren't relevant, anything man made comes at a cost which can increase or decrease according to outside influences which are not necessarily fraudulent. Is Bitcoin a pyramid? I can't see that either, or why someone would say it. There is no structured recruiting scheme, no 'matrix' of commissions, and likening early adopters to a centralized fraudulent admin doesn't do it for me.
Proof of Stake? That's another can of worms...
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Hello 2014 farmed newbie account, thanks for sharing your in depth research. I am sure that such rigorous analysis will keep you from giving your money to any old ponzi scheme with 0% proof that they are doing what they say they are. Do you have any other Bitcoin investments?
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I follow a few MLM scammer/pumpers on social media to get an insight into their "schemes". One of them came up today with a post I admit I've been pretty upset when I hear #OneCoin was threatening their distributors... I had a poke around the others, but couldn't find out what that was about. Got a good idea though. Otherwise, standard stuff like a claimed 5000 suckers at a Macau greedfest billed as OneCoin: The Rise of EmpireI've been looking at MLM crap for a long time, but it never ceases to amaze me that people read and believe this shit The owner of One Coin Dr Ruja Ignatova is speaking at the European Economic Summit about the future of Payments and crypto currency along side The president of Bulgaria Please check this video out to see that theo owner of One coin has more Credibility than you may have ever known. Dr Ruja Ignatova is a serious power house business woman and this is the real ONE COIN not some stupid blooger stealing our traffic. Very important please watch this video Guys our owner is speaking at the European economic summit on the 15 th october with some very powerful people please check this out
They are claiming on their Finnish website to have bought a Bank which is based in St. Lucia, and expand it to cover THE WORLD (see above Rise of Empire) by opening 180 branches. The guys over at http://behindmlm.com/companies/onecoin/onecoin-affiliates-lying-about-hermes-bank-acquisition/ dropped the bank an email, asking for details and got this back Doesn't stop their brain dead shills though (my bold) Now we’re playing with the big boys. Because they just purchased their own bank, now their licensing has gone to a whole other level and their going to play a much higher level. So we gotta be much more professional in the way we represent OneCoin. And the company will definitely keep us up to date on if there’s anything we need to do in the field, to make sure that their licensing approval process goes very smoothly. That’s going to be a huge announcement and obviously for us to state that we’re a hundred percent approved by the SEC, that we have our own bank inside the United States, we might even have an office inside the United States… who knows, right? Just be expecting some kind of address from the company regarding the US market. smh
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I see GCR is now listed on Bittrex and selling for about $.02 per coin. Is this what investors were led to expect and believe?
Half a cent next stop? Have a look at that early October volume on Bittrex: pump 80 BTC , dump 232 BTC
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Will be interested to follow your progress. I'd be wary of posting too much detail regarding your account, as these type of operations have a tendency to ignore difficult customers and, as you are finding out, it's hard to actually pin down who you are dealing with. I have put together my overview of BCN here https://bitcointalk.org/index.php?topic=1152263.0Anything you feel comfortable sharing will probably get more reaction there, or you can PM if you think I can be of any help. Good Luck, you'll need it.
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I'm looking for further sideways movement between 200-300, with a possible spike above that based on halving hype. My holding averages ~238 and I would sell into a rally to 350/400, looking to replace it once the halving dust settles around 300.
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