Scam is scam there is no point bumping this thread.
Yet you bumped the thread anyway. Makes sense to me.  I'm only posting for my sig campaign target. |
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The global moderators (and admins) have the ability to handle reports in the press section.
Fair enough, didn't know that, maybe they will then. Locked. |
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Well for what it comes to jgazrzick , He seems like a very busy man just by looking at his signature since he is a Bitcoin COre developper & Engineer at BitPay , that explains it all
Understood, but if he's too busy to moderate, then why is he a moderator? |
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From their "Press Release" CloudThink is offering Bitcoin Investment Packages to acquire funding for research, mining hardware production blah blah
 Bored at work, so I crunched a few numbers, please tell me if they're wrong... According to them, 30% of their rigs are "custom made" by themselves, so they have over 6,000 mining units. Depending on the size, that indicates a capacity of between 7 and 36 PH, at industry standard cost of $0.50 per GH would mean that they have between $3.5m and $18m invested so far. That size operation would gross between 70 and 360 BTC per day, @ $250 = $17,500/$90,000 per day at least, because don't forget, they produce their own electricity .  Let's knock off some capital interest and overhead (they have that huge virtual office in Manchester lol and sig campaign to pay for, as well as state of the art R&D to produce their own magic miners). Say a net income of $10-40k per day which then goes to their team of traders who are more than dedicated in making huge amount of profits and is magically multiplied by whatever of their projected percentages you want to pick. Q: Why the fuck would an operation like that bother with $500 giveaways? A: They wouldn't. |
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 Website isn't very secure. Oh really? Find anything interesting? Remember: sharing is caring.  |
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There is a thread that has followed CT from its botched up launch here https://bitcointalk.org/index.php?topic=1074272.0If you read Puppet's old thread about how to recognise 'cloud mining investments' to stay away from, then it scores 7/7 as a scam/ponzi waiting to happen https://bitcointalk.org/index.php?topic=878387.0It looks to me as if as if it has a fair amount of seed money thrown at it for a promotion blitz which is being badly handled by amateurs. They use the usual commercial secrecy excuse to not prove anything, but at the same time tried to add legitimacy by making up admin identities using fake photos and bios. There is no proof of anything in the story they tell about its supposed history and many claims about profitability that don't add up. The 'investment' package pricing doesn't make any sense and is being heavily discounted through things like coupon sites, ffs. It will keep going for a while, paying out dust to give away accounts until it disappears. Was beginning tho think you guys actually made username for site then. Looks like their some people trying to scam and gain for self. Links seem fine on thread tho maybe making name to try making a quick few coins it seems. This is what they get for reluctantly starting a self moderated ANN thread after all the social media/sig campaign crap. The reason they did it that way was because they knew they don't have any answers to reasonable due diligence questions about their so-called business plan. The "blackmail" claim is bullshit. Anyone can start a thread about them, the fact they didn't register an account in their name confirms their amateurishness to me. Avoid at all costs. |
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..Our average profit margin is pushing 9.5% over 72 hours and the returns are guaranteed...
Guaranteed? How? Who by? |
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Didn't read past the bullshit first paragraph.
That arbitration court ruling was nearly a year ago, not last week, and any enforcement of it is done through court proceedings, not by governments.
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I'm using from 22th April some unknown cloud mining service named: Scryptsy.comIt seems that this site has nothing with Cryptsy exchange. I can say that for now withdraw was everyday and everything was fine. And scores 7/7 on the Ponzimeter. Nice hidden ref link btw. |
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I see 12 x 0.00397 BTC and 1 x 0.08309 BTC paid out today (investor group #65). Of course there are at least 64 other 'investor groups' lol, but that looks like 9 freebies + 3 small mugs and one BIG mug in this round of payments. |
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Can't give it away......nearly 24 hours after their $10,000 bonanza was announced We have 9 free packages remaining.
......out of 20. I am going to close the signature campaign on Monday....the community didn't react well to our company so we think it would be best to wait until the community trusts us.
Don't hold your breath Mr.junka...... |
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I have asked for trial. Let see ... They claim to have $1 daily payouts. Not sure what the catch is.
Maybe, for a cost of just $20 a day, to have 20 senior+ members dutifully reporting that they are being paid on time, so how can it possibly be a scam? (That was a condition of the locked thread offer - Each user must confirm daily payouts for at least 7 days by posting to this thread- but he thought better of making it compulsory second time round). Sneaked it in again No, you misunderstood, the package will become PERMANENT after the first 7 days if you confirm payouts to this thread.
© 2015 CloudThink - Company Inc. #9512971
CloudThink.IO is a trademark of Cloud Think Mining Ltd.
Not according to the UK Intellectual Property Office it isn't. No application received up to 12th June and even if it was, it doesn't become approved and registered as such until a two month objection period has ended. That's another Fail, Rikkie.  https://www.ipo.gov.uk/t-tmj/tm-journals/2015-024/index.htmlMore random inconsistencies/made up bullshit Cloud Think was founded in 2013...with a clear mission to build and manage the most efficient and reliable mining farm, located in a secret location in Taiwan. we do not own the Mining Company |
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I just posted this in the Scam Accusation thread and think it's relevant here, so I'll cross post it if that's ok. He apparently knows he's promoting a scam and doesn't care. Disgusting!
..and you can't even give him negative trust, because if he will push it back with his default trust power, you are screwed forever with negative rating. edit: there will be for sure side effect of this - if some hero/leg was not if sure if to join or not, after staff joining decision became quite simple.. It's a shame that a staff member advertises a scam.  I have excluded him from my trust network, you can't trust a member who knowly advertises a scam! Someone should open a topic in meta to remove that user from default trust list,this is unbelievable! Playing Devil's Advocate, the obvious answer to that would be "Who have they scammed, show me?" Well to be fair all the red trust ratings against cloudthink are like: ''its probably a ponzi'' ''there's a high chance CloudThink is just another scam. check link for details."
Its not confirmed 100%
Personally, I wouldn't trust or have any dealings with someone who promoted a likely scam simply for the campaign money. It would indicate to me that, for example, if they agreed to sell me something and got a better offer at the last minute, they would likely renege on the deal because that would be consistent with their approach to money 'at all costs'. There is a big difference between forum trust ratings and real world trust. Situations like this are useful because they show people's true colors. |
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He apparently knows he's promoting a scam and doesn't care. Disgusting!
..and you can't even give him negative trust, because if he will push it back with his default trust power, you are screwed forever with negative rating. edit: there will be for sure side effect of this - if some hero/leg was not if sure if to join or not, after staff joining decision became quite simple.. It's a shame that a staff member advertises a scam. I have excluded him from my trust network, you can't trust a member who knowly advertises a scam! Someone should open a topic in meta to remove that user from default trust list,this is unbelievable! Playing Devil's Advocate, the obvious answer to that would be "Who have they scammed, show me?" Well to be fair all the red trust ratings against cloudthink are like: ''its probably a ponzi'' ''there's a high chance CloudThink is just another scam. check link for details."
Its not confirmed 100%
Personally, I wouldn't trust or have any dealings with someone who promoted a likely scam simply for the campaign money. It would indicate to me that, for example, if they agreed to sell me something and got a better offer at the last minute, they would likely renege on the deal because that would be consistent with their approach to money 'at all costs'. There is a big difference between forum trust ratings and real world trust. Situations like this are useful because they show people's true colors. |
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Yes, I saw that, he says on his local forum that he discussed it with the mods. It's consistent with the forum's approach to non moderation of scams and personal choice. FWIW I got my 10 bitcents.
Made of silver, are they? |
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@ThorSWO - Never mind the fools like MrNizam claiming stupidities!
Like many have said - Get out if u know its a scam !!! Bye Bye
I knew it was a ponzi but i didnt know it was a scam and never know that the site owner would steal my khs Wow. DEFINITION of 'Ponzi Scheme': A fraudulent investing scam promising high rates of return with little risk to investors. Read more: http://www.investopedia.com/terms/p/ponzischeme.asp#ixzz3dLDYr9KD LOL What he means is that he knew someone was going to get scammed, he just didn't expect that it was going to be him. |
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I know some people must get a lot more messages than me, so I doubt I'd hit any limits soon. But I guess I just wanted to ask about if there's a limit on the number of messages we can have in our in/outboxes in terms of message count or storage size. I'd never heard of any such limits but I just wondered if there's any drawbacks to doing what I've been doing for years now, which is never deleting any messages.
This was already asked more than once: https://bitcointalk.org/index.php?topic=1022247.0Here's the direct answer: No. I have about 16,000 PMs in my inbox.
And he's answered 4 of them. |
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