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You really are clueless. None of those stats are genuine - there is no mining equipment/hashpower. This is clearly a Ponzi/HYIP, and even though you may have made a little profit from the site, the same will not be true for the majority of people that "invest" in this place.
Strange, I feel like that was exactly my point, but in much more words, yet you act like I'm the one who makes these websites. I'm totally not pro such sites, nor am I condoling Ponzi schemes. If you read the whole post, you'd actually see I'm clearly saying it probably is a Ponzi scheme, that if you choose to still join it now, you will have a chance you will lose your money and that I'm glad it's my first time I'm not one of the lower parts of the pyramid that lost money. Nice for a change and all that...
I've placed my bet at these sites before and wasn't going to 'invest' in any cloudmining ever again, since every time I have done this in the past, it went offline before my original investment was returned... Or so I said last time anyway, because eventually, it just itched and I gambled it on AuroraMine. Every last bit of Satoshi I 'invested' is Satoshi I still had left from CPU-mining way back at the start of bitcoin, though, so to be completely honest: I never actually gave any real money to it, I only gambled the potential for money I could have had extra, which makes it less hard should I lose it, if you ask me. Every person should decide if the risk is worth it for themselves.
Me, I invested on day 4, so...
And this is no suggestion as to what others should do, nor is it any assurance of 10 more days. For all I know it could go offline tonight, tomorrow, next month or next year. My guess is it'll probably be rather one of the first three, but you never know. (One can always dream... :p)
For you to earn 0.01 BTC, someone else needs to have lost at least that.
Yeah, you know, like with any sort of gambling, because that's what this is right now: a gamble if it stays online for 10 more days or not. If you win, you win money others have lost, if you lose, you lost money to the winners,... This is because value does not magically appear out of thin air, but needs to go from point A to point B.
You are clearly advocating that people invest money into this Ponzi scheme, you even decided to make some extra cash yourself and add a referal code. Well done you /s.
What's wrong with a referral? It's not like it takes the gained power from the new user. The new user will have had the same with or without a referral, the extras that go to the higher affiliate are coming from the service for bringing in paying customers, not unlike some real-life and web-shops do too... I know clothing stores where I'd get 20% off my clothing if I bring in a new frequent client. That doesn't mean the new client would have to pay 20% more because of it.
Strange how this is fully acceptable to most people, but suddenly not anymore when bitcoin enters the stage.
On that note: https://www.auroramine.com/?ref=29650 ;p
You should both be disgusted with yourselves.
Because you didn't even bother to fully read what I said and went on a rant anyway? :p
Look, I understand your annoyance with these Ponzi schemes and the fact that they lie about cloudmining and facilities full of miningrigs to get people to join while not knowing they are actually gambling with that money is shameful, to say the least, but my point is that once you know it's a Ponzi scheme, 'investing' in it isn't any different as gambling on anything else: In the end someone is going to walk away with money of another and all would(read: should) know this as a possibility before they join in. That's also what these forums are for, imho, to get that information out to the masses.
In short: Totally agree that people should know this is a Ponzi or Pyramid scheme from the start, but after that, I think you shouldn't condemn people to still want to risk it and let everyone be able to do what they choose and want. I guess it's the age-old discussion about: "If everyone has cheats, isn't then the game fair again?"
P.S.: I still even wonder if any such technology exists that can mine continuously (and seemingly steady) at such low cost ($5 spend for $15/month returned as they offer), while still making profit out of it themselves... I mean, if that actually existed, wouldn't it be better to just go get such devices for home use rather than trusting random anonymous internet-companies that wrote somewhere on a webpage that they will do it for you if you send them money?
If this is not a Ponzi, it is clearly magic. ;p
