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Author Topic: Cloudthink.io - the next scam in town?  (Read 2299 times)
LiteCoinGuy (OP)
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June 14, 2015, 06:51:23 PM
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What do you think? a 100% return sounds reasonable...   Wink


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June 14, 2015, 06:55:48 PM
 #2

https://bitcointalk.org/index.php?topic=1074272.0  Roll Eyes

Im not really here, its just your imagination.
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June 14, 2015, 06:59:46 PM
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Yes. Scam with almost certainty.

I have also notice that many users which intentions I consider "questionable" is wearing they signature and avatar. Would not be suprised if all of them are just shills of mirjangka. I mean what signature campaigner would trust that shit? Also it is very smart of a scammer to have a bag of shill account to advatice they scam, instead of actually paying someone. Scammers is proberly the type of people who have the most difficulties paying anybody for anything. 
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June 14, 2015, 07:01:28 PM
 #4

lying, stealing, hiding information, and deleting posts? sure they are legit.

it's just too bad that their signature campaign is still up and going after all that, though.
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June 14, 2015, 07:05:18 PM
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their site is not even fully secure, based on the lock of chrome

why they are still running their scam undisturbed, with still plenty of users that are advertising their scam?
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June 14, 2015, 08:04:26 PM
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Thanks.  I was thinking of applying for their sig campaign, but after reading in that thread there is no way I would want anything to do with them.  This is why due diligence is very important people!
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June 14, 2015, 08:14:57 PM
 #7

What do you think? a 100% return sounds reasonable...   Wink



Anywhere from 10% to 100% sounds like you can't lose.
Anything that says that you cannot lose is a fantasy and/or a scam.

Easy to spot really!
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June 14, 2015, 08:46:19 PM
 #8

why they are still running their scam undisturbed, with still plenty of users that are advertising their scam?

because they invested shit lot of BTC for paying sig/avatar campaigns, facebook/twitter social reach or adsense. it is so hard for them to stop now - imho those costs for promo are not covered yet..
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June 14, 2015, 09:25:18 PM
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why they are still running their scam undisturbed, with still plenty of users that are advertising their scam?

because they invested shit lot of BTC for paying sig/avatar campaigns, facebook/twitter social reach or adsense. it is so hard for them to stop now - imho those costs for promo are not covered yet..

They have indeed invested a lot in there advertising but I can't work these people out who are aimlessly selling there signature to a scam  Angry Hopefully them guys selling out get black balled and can't join any other campaigns. I for one will be rejecting them if they only come running when the scam has finished. 10% to 100%  Cheesy I would say it is the next scam in the making.. Not sure it will catch many even with this crazy advertising they are spewing everywhere, people are not as easily fooled as they once was, well that is what I would like to think.

What use is a signature?
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June 14, 2015, 09:27:46 PM
 #10

cloud mining sites its like the new trend now in scams, so, prepare, more are coming for sure.
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June 15, 2015, 12:31:30 AM
 #11

Only fools and ponzi lovers are going to invest..

their site is not even fully secure, based on the lock of chrome

why they are still running their scam undisturbed, with still plenty of users that are advertising their scam?

as long as they are paying their participants and making them happy, it will still continue..  Wink
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June 15, 2015, 12:39:37 AM
 #12

I can understand how some people can fall for a scam but not this one.  100 percent return?  Really?  Who would fall for that claim? 

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June 15, 2015, 12:41:46 AM
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of course its a scam, sooner or later all cloud mining crap falls unless they stop in time and do something other than cloud mining.

but highly unlikely.
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June 15, 2015, 12:44:15 AM
 #14

sweet in the beginning and then the bitter in the end
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June 15, 2015, 02:01:28 AM
 #15

What do you think? a 100% return sounds reasonable...   Wink



like another Ponzi site but This site is not reasonable HIGH RISK AND LOW PROFIT
look this price https://cloudthink.io/invest/
He paid only 10% /month not like another ponzi site 200-300% in 10day,

This site not have "real hardware" to mining, and not reasonable between risk and profit
Not interesting to invest  Roll Eyes

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June 15, 2015, 05:29:10 AM
 #16

What do you think? a 100% return sounds reasonable...   Wink



just check the trust rating https://bitcointalk.org/index.php?action=trust;u=354495 - nuff said

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June 15, 2015, 06:23:17 AM
 #17


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June 15, 2015, 01:30:24 PM
 #18

Yes. Scam with almost certainty.

I have also notice that many users which intentions I consider "questionable" is wearing they signature and avatar. Would not be suprised if all of them are just shills of mirjangka. I mean what signature campaigner would trust that shit? Also it is very smart of a scammer to have a bag of shill account to advatice they scam, instead of actually paying someone. Scammers is proberly the type of people who have the most difficulties paying anybody for anything. 

Thats not even needed. There might be some sockpuppets of mirjanka but it would be a huge amount of work.

There are enough users on the forum that only create and buy accounts in order to be able to earn money with posting signatures. Many have multiple accounts. And since they have poor quality of posts they are in constant search of new campaigns. A campaign that is paying way more than others, the funds in escrow and already paid out once... they will take it. Its a job for them and when you that far as having multiple accounts for posting, to beat the system, then i imagine its a not so big step to promote them.

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June 15, 2015, 05:14:30 PM
 #19

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

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June 15, 2015, 05:17:59 PM
 #20

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

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June 15, 2015, 06:12:37 PM
 #21

This is inconsistent ponzi scheme and sooner or later will be scam.

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Because the rate per post. And the payout is inconsistent too.
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June 15, 2015, 07:59:14 PM
 #22

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Money makes the world go round. As long as they keep on paying, people will still advertise them..
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June 15, 2015, 10:04:11 PM
 #23

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Even more irritating is that there are actually users that buy hashrate at cloudthink.io. There was a thread, i read some hours ago, where someone asked if, when the difficulty drops, the profit shouldnt rise. He had bought, if i not remember wrong, for many USD, and it looked like it did not follow this simple pattern.

Im really not sure why people would not at least check such a website through google. They surely would have read one or another warning.

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June 15, 2015, 10:11:43 PM
 #24

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Money makes the world go round. As long as they keep on paying, people will still advertise them..

They aren't actually paying any more. For now there are only promises that the next payment will be in a few days , and people are still tweeting and posting in the hope that they will get paid.
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June 15, 2015, 10:25:56 PM
 #25

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Money makes the world go round. As long as they keep on paying, people will still advertise them..

They aren't actually paying any more. For now there are only promises that the next payment will be in a few days , and people are still tweeting and posting in the hope that they will get paid.

Isnt the payment deposited with an escrow? I thought at least that was secured... it would be wise to leave as soon as the escrow doesnt hold enough coins to pay the advertiser.

I wonder how long this goes... and will be interesting to observe the realization phase of customers and promoters.

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June 15, 2015, 11:12:28 PM
 #26

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Money makes the world go round. As long as they keep on paying, people will still advertise them..

They aren't actually paying any more. For now there are only promises that the next payment will be in a few days , and people are still tweeting and posting in the hope that they will get paid.

Isnt the payment deposited with an escrow? I thought at least that was secured... it would be wise to leave as soon as the escrow doesnt hold enough coins to pay the advertiser.

I wonder how long this goes... and will be interesting to observe the realization phase of customers and promoters.

Nope, no trusted escrow provider doesn't want to escrow the sig campaign.. Monbux actually decided to take care of the escrow but i think it was already too late
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June 15, 2015, 11:47:42 PM
 #27

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Money makes the world go round. As long as they keep on paying, people will still advertise them..

They aren't actually paying any more. For now there are only promises that the next payment will be in a few days , and people are still tweeting and posting in the hope that they will get paid.

Isnt the payment deposited with an escrow? I thought at least that was secured... it would be wise to leave as soon as the escrow doesnt hold enough coins to pay the advertiser.

I wonder how long this goes... and will be interesting to observe the realization phase of customers and promoters.

Nope, no trusted escrow provider doesn't want to escrow the sig campaign.. Monbux actually decided to take care of the escrow but i think it was already too late

Ok, didnt think campaigners are that brave.  Roll Eyes Taking part in a campaign everyone says is a scam, paid only once and no escrow. Thats corageous... or stupid... depends on how you want to see it.  Cheesy

If they really started to take the payment date back in time then it seems to be time to close the case for the scammer.

I cant imagine though that he made a lot of money with this.

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June 16, 2015, 06:41:08 AM
 #28

This is inconsistent ponzi scheme and sooner or later will be scam.

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Because the rate per post. And the payout is inconsistent too.

Now he not paying avatar campaign and not paying twitter campaign too, iam confused why some people use his signature and avatar campaign, are user not see negative trust and he is scamer Huh

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June 16, 2015, 06:54:55 AM
 #29

This is inconsistent ponzi scheme and sooner or later will be scam.

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Because the rate per post. And the payout is inconsistent too.

Now he not paying avatar campaign and not paying twitter campaign too, iam confused why some people use his signature and avatar campaign, are user not see negative trust and he is scamer Huh

indeed. but they're doing all they can to censor their moderated threads. and some people don't care enough I guess

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June 16, 2015, 07:02:48 AM
 #30

arent they the same guys that run Da Dice?  Da Dice also gets accused of scamming quite a bit too. I'm not really up to snuff on these things. I never gamble and I am so over investing in anything in the btc sphere that the very mention of the words BTC and investment turn my stomach.

anyone interested in my 100 shares of ASICminer? maybe you can figure out why I'm cynical?
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June 16, 2015, 07:22:47 AM
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arent they the same guys that run Da Dice?  Da Dice also gets accused of scamming quite a bit too. I'm not really up to snuff on these things. I never gamble and I am so over investing in anything in the btc sphere that the very mention of the words BTC and investment turn my stomach.

anyone interested in my 100 shares of ASICminer? maybe you can figure out why I'm cynical?

 Cheesy Its easy to become cynical with the hard way we learned about scams and all.  Roll Eyes

Though dadice is not connected to cloudthink.io. The critics for dadice are that they dont want to show their coldwallet. The initial investors dont want to be identified. Not the best practise i think.

Next thing is that it was possible to hack the chat and withdraw the coins from hotwallet. Though there were only 0.008BTC in there. Or so. The security hole is fixed now but it seems they did not really fix it before when they were pointed to it.

So far its not the best way to handle things. Im not sure if dadice makes profit at all. They spend much on the campaign. But thats something thats up to the investors. If the investors dont want to show the cold wallet then they have to life with red trust for dadice. Which will lower the income for sure.

And being hacked and having the security fixed is a good thing at this point. I dont have problems so far since there seems to be no victims. Investors should know and find out if the site is profitable at all. And i did not hear of problems with a withdraw yet.

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June 16, 2015, 10:20:27 AM
 #32

This is inconsistent ponzi scheme and sooner or later will be scam.

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Because the rate per post. And the payout is inconsistent too.

Now he not paying avatar campaign and not paying twitter campaign too, iam confused why some people use his signature and avatar campaign, are user not see negative trust and he is scamer Huh
People do that only in the hope of getting paid. In the past the owner has delayed payment for 2 days , so people feel it will always be paid after a delay which has already been 4 days it seems also will last for a couple more days. People shouldn't have signed up in the first place.
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June 16, 2015, 11:05:37 AM
 #33

This is inconsistent ponzi scheme and sooner or later will be scam.

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

Because the rate per post. And the payout is inconsistent too.

Now he not paying avatar campaign and not paying twitter campaign too, iam confused why some people use his signature and avatar campaign, are user not see negative trust and he is scamer Huh

Because people want bitcoin, and they who participated in their campaign complained about the delay payment. Sooner or later they will collapse I think.
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June 16, 2015, 03:22:06 PM
 #34

I wonder why few people invest at their site while they don't show any proof that they really mining bitcoin ?
Or why the owner spend many bitcoins for useless advertising, but they haven't paid their users.

I bet they'll collapse very soon
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June 16, 2015, 03:22:54 PM
 #35

I wonder why few people invest at their site while they don't show any proof that they really mining bitcoin ?
Or why the owner spend many bitcoins for useless advertising, but they haven't paid their users.

I bet they'll collapse very soon

Didn't they collapse already?

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June 16, 2015, 04:12:32 PM
 #36

I wonder why few people invest at their site while they don't show any proof that they really mining bitcoin ?
Or why the owner spend many bitcoins for useless advertising, but they haven't paid their users.

I bet they'll collapse very soon

Didn't they collapse already?

because they are still paying signature campaigns and there is no announcement thread or feedback from "customers", is hard to say, what is current health status..
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June 17, 2015, 04:58:39 AM
 #37

Interesting to see that they only offer packages from $499 and up. Most people don't have that much money to spend on these types of speculative investments so I doubt they will get many customers.

Personally, I'm leaning more towards it being a ponzi although I can't really say for certain since I have no proof. A guaranteed profit of 10-45% and an expected profit of 13-100% sounds too good to be true compared with other cloud mining firms which tend to advertise much more modest returns. If they provided proof of actual mining, then of course I would reconsider my stance.

That being said, I wonder if it's technically feasible for them to offer such returns assuming that everything they say is true (i.e. if they get free electricity from hydroelectric, solar, and/or wind energy and have access to state-of-the-art ASIC technologies). Most cloud mining firms have contracts which reach ROI in 3-6 months assuming no difficulty increases but that's with existing hardware and electricity costs taken into account.

cloud mining sites its like the new trend now in scams, so, prepare, more are coming for sure.

It's been done before many times. One particular example that come to mind is Cryptory. They also sold cloud mining investment packages and also claimed to be using the latest ASIC technologies to gain an edge over competitors as well as offering guaranteed profits just like this one. They lasted for about six months before disappearing.
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June 18, 2015, 07:48:52 AM
 #38

even if they still pay for signature campaign and social media campaign that will not guarantee if they will not be scam someday
and i think they only wait the right time to be a scam site
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June 18, 2015, 06:58:12 PM
 #39

I wonder why few people invest at their site while they don't show any proof that they really mining bitcoin ?
Or why the owner spend many bitcoins for useless advertising, but they haven't paid their users.

I bet they'll collapse very soon

Didn't they collapse already?
Doesn't look like it. They paid out for the twitter/signature and avatar campaign partly. They seem to be avoiding payment in some cases. They are probably spending that money to do guerilla marketing and advertising in the hope to trap a few investors. Since their minimum investment is too high ,therefore even a few investments will help them fund all their work and they will probably just pull an exit scam after that.
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June 18, 2015, 07:02:20 PM
 #40

There re much safer options generating equal or even better profit. I personally do not invest into anything I cannot control 100%. Only coins which I am able to sell.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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June 20, 2015, 09:05:05 AM
 #41

I wonder why few people invest at their site while they don't show any proof that they really mining bitcoin ?
Or why the owner spend many bitcoins for useless advertising, but they haven't paid their users.

I bet they'll collapse very soon

Didn't they collapse already?

because they are still paying signature campaigns and there is no announcement thread or feedback from "customers", is hard to say, what is current health status..

I think it's their strategy to rely only on raw advertising in here and in banner ads also. They intentionally avoid any real discussions and hope to scam some mindless noobs clicking their banners..

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June 20, 2015, 09:24:24 AM
 #42

even if they still pay for signature campaign and social media campaign that will not guarantee if they will not be scam someday
and i think they only wait the right time to be a scam site

And now, their closed their campaign, the reason is people here not trust to their company (of course Roll Eyes ).
This is one step their scam scheme will revealed.
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June 20, 2015, 09:50:24 AM
 #43

even if they still pay for signature campaign and social media campaign that will not guarantee if they will not be scam someday
and i think they only wait the right time to be a scam site

And now, their closed their campaign, the reason is people here not trust to their company (of course Roll Eyes ).
This is one step their scam scheme will revealed.

they got busted here on the forums. it's only a matter of time until they're gone now

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June 20, 2015, 04:58:42 PM
 #44

they called themselves cloud mining site but i can't see mining hardware and members daily payment proof
and they stop all the campaign here i think this site more close to be a scam site
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June 21, 2015, 05:55:13 AM
 #45

they called themselves cloud mining site but i can't see mining hardware and members daily payment proof
and they stop all the campaign here i think this site more close to be a scam site

If you are researching again you will get his message like this
Public Note: CloudThink Daily Investor Payout (Investor Group #65) - June 20
i see on this addres
https://blockchain.info/address/1Krunox7kGyFcyiPvCvPuSLQwJ7AjF4zZ4

hi say Investor Group #65 it explains that use ponzi system

===Sempak===
vafelcz
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June 21, 2015, 07:24:52 AM
 #46

lying, stealing, hiding information, and deleting posts? sure they are legit.

it's just too bad that their signature campaign is still up and going after all that, though.

This. Of course it's a scam, like everything cloudmining Cheesy
Just stay away from it, and you will be good.. Smiley

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June 21, 2015, 07:26:48 AM
 #47

they called themselves cloud mining site but i can't see mining hardware and members daily payment proof
and they stop all the campaign here i think this site more close to be a scam site

Their offer is too expensive & everyone already know that cloudthink is ponzi
So, cloudthink don't have enough money to pay their signature campaign & forced to stop their campaign

Yes folks, this company will soon announce themselves the bench and it will be a lot of unhappy people.
cryptojumper
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June 21, 2015, 07:33:10 AM
 #48

lying, stealing, hiding information, and deleting posts? sure they are legit.

it's just too bad that their signature campaign is still up and going after all that, though.

This. Of course it's a scam, like everything cloudmining Cheesy
Just stay away from it, and you will be good.. Smiley


Not everything. Hashnest looks pretty legit to me. Well if Bitmain is a scam then I don't know what's not...  There are some others worth taking a look at like Bit-x. New company HaoBTC looks nice too..

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June 21, 2015, 07:49:16 AM
 #49

If you are researching again you will get his message like this
Public Note: CloudThink Daily Investor Payout (Investor Group #65) - June 20
i see on this addres
https://blockchain.info/address/1Krunox7kGyFcyiPvCvPuSLQwJ7AjF4zZ4

hi say Investor Group #65 it explains that use ponzi system
but unfortunately this payment proof didn't came from the real investor and only from who users to get free packages from this site
https://bitcointalk.org/index.php?topic=1093345.60
Twipple
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June 22, 2015, 09:23:55 AM
 #50

If you are researching again you will get his message like this
Public Note: CloudThink Daily Investor Payout (Investor Group #65) - June 20
i see on this addres
https://blockchain.info/address/1Krunox7kGyFcyiPvCvPuSLQwJ7AjF4zZ4

hi say Investor Group #65 it explains that use ponzi system
but unfortunately this payment proof didn't came from the real investor and only from who users to get free packages from this site
https://bitcointalk.org/index.php?topic=1093345.60

there are also other groups they are paying out, but hard to say if they are supposedly real investors
https://blockchain.info/tx/2d6a9c674802389cf02fdb828ca89f19270563998adfd20aed3b499ae1755f32
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