Polish-registered recyclix.com is a Ponzi scheme and provably so.

[BlueYozakuraBTC]

Wow, all these information are mesmerizing me. I have been watching Recyclix for many weeks now and admittedly I am attracted to the company not just because of the possible good returns of the capital invested but also because of tis environmental cause.

Now, I do really doubt the company. I actually have seen similar concept in farming before and the company collapsed months after. Anyway, let us just hope that Recyclix will really last as I have many Facebook friends who are into this one.

I know how you feel. When I knew about this site for the first time, I was attract for it also. I started using the site, I thought very nice to earn 20 free euros to start on this site... Made some cycles and when I tried to withdraw my money, I couldn't!

So, it makes me remember about another Ponzi, Hyip sites where the system was the same (start for free, with some free money, but you can't withdraw without deposit), and I never logged more on this site.

Your situation is pretty consistent with most members that complained they couldn't withdraw free money for doing nothing. The 20euro free was just to really show how the system works but it requires investment. Point is they were getting ripped off by people opening up several accounts for one user desperately trying to extract that 20 euro for pushing 1 button. I don't know any business that would ever work like that.

Realistically you lost nothing because you put in nothing which is fair.

I already made my investment back and now I'm just withdrawing a small percentage per cycle so I haven't lost anything. If it's a ponzi then it's a ponzi. Risky business is just that same with playing at online casinos. People loose far more in those avenues and if they win too much that person is considered stealing all because they figured out the pattern.

As far as McDonald's is concerned I never saw anything connect mCD to the site. That sounds like a very thirsty affiliate trying to promote to make high commissions before the truth comes out. Desperation can attract all sorts of bad behavior. 

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[sbogovac]

[...] If it's a ponzi then it's a ponzi.

That basically sums it all up, doesn't it?

As far as McDonald's is concerned I never saw anything connect mCD to the site. That sounds like a very thirsty affiliate trying to promote to make high commissions before the truth comes out. Desperation can attract all sorts of bad behavior.  

No, it is Recyclix themselves who lied about this, and continue to delete any inquiries into this.

And yes, that is "bad behavior"...

[cryptodevil]

If it's a ponzi then it's a ponzi. Risky business is just that same with playing at online casinos. People loose far more in those avenues and if they win too much that person is considered stealing all because they figured out the pattern.

Sending money into a ponzi scheme which has no calculable 'odds' is nothing like gambling, which does, and comparing how much people lose in both scenarios is utterly dishonest of you because making or losing money in a ponzi scheme is down to social engineering and those people, like yourself, who greedily hoover up the satoshis the scammers sent you in return for the 1000+ people you conned into believing their scam was a legit investment platform, are just as much to blame for the losses many thousands of people have made and will make when this thing collapses.

As far as McDonald's is concerned I never saw anything connect mCD to the site.

Of course you didn't see anything, because you're a fucking shill for the scam, asshole. This thread has large amounts of objective evidence proving Recyclix to be lying scumbags intent on pumping their ponzi, but you only want to post excuses and deflection attempts, like insinuating it was an 'affiliate' who repeatedly lied about the McDonald's contract when it was all over the Recyclix.com news page as well as their facebook page.

Here, let me make it *real* fucking easy for you:

First, Recyclix posted the teaser image about who they were going to be partnering with, after which they then posted this

and put this on their own website news page

This pretty much explicitly states that they claim they have a contract for plastic restaurant waste.

When McDonald's refuted that claim Recyclix tried walking it back and put out some bullshit about plamika.lt in Lithuania being the actual contractor and that Recyclix was really only a sub-contractor - which was again refuted by McDonald's AND plamika.lt had to put up a message on their own front page stating they, too, had no business dealings at all with Recyclix.

Which part of that clusterfuck of a lie Recyclix told, repeatedly until they could no longer avoid the facts being posted, sounds like legitimate business dealings to you?

[electronicash]

Payout - Recyclix:
Transaction: 71abf68f8cac1c65c49765ca0a1a95d5ea0488d97980723a1be53b555fbb1c4e
Payment system: Bitcoin (BTC)
Amount: 0.03095216 BTC = 21.42 USD or 20.00 EURO - Instant
Withdraw to: 193HwHGmaH8ATsz4Gpiry4P8H3xphePnjP
Date: 2016-11-13 08:44:39

Master Account ID: 3F54-79B7-21D8



SKYPE live:CryptoMonitor

yes they got paid promoting recyclix .... says the man with a red trust due to promoting ponzi.  just imagine how bold and hardened these online hardened criminals are. and he left a throwaway skype account

[cryptodevil]

So the fraudsters at Recyclix are promoting the booth they have rented for the 'Solids, Basel' fair where they hope to fool even more people into thinking they are a legitimate recycling/investment platform, no doubt.

The thing is, and this is where the numbers make fools of the scammers themselves, they have so many victims 'investors', they have this little problem of the fact their claimed production rates have to at least pretend to look like they are capable of producing the amount of recycled plastic needed each month to equate to, not just the same amount of money being paid in by new deposits, but also the bullshit 'compound profit' increase being created every single time an 'investor' completes a cycle and 're-invests' it in a new cycle.

So when they make statements like:

They have to also ensure they post something to imply they have the production capacity for "hundreds of thousands . . .actively involved in our recycling business endeavours"

So, if we take from that claim a conservative figure of 100,000 'investors' who believe Recyclix to be processing plastic waste on their behalf and, just for funzies, pretend they only have €20 of waste plastic per person, that equates to €2,000,000.00 of plastic waste needed to be processed in one month.

Even at the €150 per ton post-cycle sale price (https://recyclix.com/calc/index/) that equates to 13,333 tons of plastic needing to be processed each month, hence the scammer's facebook post alluding to 'dozens' of thousands of tons.

Firstly, there's this little problem concerning those numbers:

They are somewhat short on the needed "dozens of thousands of tons".

Secondly, just revisit the example I gave above, which was a calculation based on 100,000 people all processing ONLY €20-worth of plastic for one month. Now, if you are an 'investor', ask yourself how many people you think out of those 100,000 are actually processing not just more than €20-worth of plastic through their Recyclix account but, given the likely rate of 'compounding profit' re-investment the following month and each month after, are, on average, initiating cycles for significantly more than just €20-worth of plastic?

Well, they think they are.

[Borgminer]

3000 of film waste . whats film waste ?

[ompul]

"Recyclix was named the winner of the SES award that is given yearly to the best, most interesting, and most popular stand at Solids Basel."

****

The SES Award winner is chosen according to a combination of the following criteria:

The number of page views of the exhibitor’s online profile
The number of product information items uploaded
The number of visitors who pre-registered using the exhibitor’s personal registration link

(http://www.easyfairs.com/industry_21498/solids-european-series_24066/interested-in-exhibiting_51543/ses-award_53723/)
****

They are pretty smart and have guts. I can imagine that when this ponzi collapse they will not go to jail but would be hired by Goldman Sachs ;-)

[cryptodevil]

"Recyclix was named the winner of the SES award that is given yearly to the best, most interesting, and most popular stand at Solids Basel."

****

The SES Award winner is chosen according to a combination of the following criteria:

The number of page views of the exhibitor’s online profile
The number of product information items uploaded
The number of visitors who pre-registered using the exhibitor’s personal registration link

(http://www.easyfairs.com/industry_21498/solids-european-series_24066/interested-in-exhibiting_51543/ses-award_53723/)
****

They are pretty smart and have guts. I can imagine that when this ponzi collapse they will not go to jail but would be hired by Goldman Sachs ;-)

It is just another means by which they seek to pretend to be legitimate, through receiving 'awards' which their 'investors' believe proves them to be legitimate. I mean surely an industry award wouldn't be given to scammers, right?

Unless the scammers in question really *need* this sort of thing and so call on their devoted flock of followers to click through to their exhibition profile and even to register for the event with no means of getting there.

I don't imagine any of the, actually legitimate, businesses attending that expo have the kind of network-marketing resources to call on both their customers and their own social-media shills to get the numbers up and qualify for that award. It probably isn't something that a legitimate exhibitor at that event has any real need to pursue, unlike Recyclix, who are a ponzi scam waiting to collapse and desperate to keep fooling their current 'investors' while also scrabbling around to get new deposits coming in to cover the withdrawals going out.

[Liad.Services]

"Recyclix was named the winner of the SES award that is given yearly to the best, most interesting, and most popular stand at Solids Basel."

****

The SES Award winner is chosen according to a combination of the following criteria:

The number of page views of the exhibitor’s online profile
The number of product information items uploaded
The number of visitors who pre-registered using the exhibitor’s personal registration link

(http://www.easyfairs.com/industry_21498/solids-european-series_24066/interested-in-exhibiting_51543/ses-award_53723/)
****

They are pretty smart and have guts. I can imagine that when this ponzi collapse they will not go to jail but would be hired by Goldman Sachs ;-)

Not only this,they claim to be the best investing site on 2016.
Another thing that is weird on the site that they offered bitcoin cashouts at a huge rate,100$ more then the current spot price which is pretty weird as it can show that at the long run they will not be able to make any profit.

[cryptodevil]

Another thing that is weird on the site that they offered bitcoin cashouts at a huge rate,100$ more then the current spot price which is pretty weird

You mean they are making bitcoin payments at BTC/$ exchange rates $100 better than market price? If that is the case then the only reason I can imagine they would be doing such a thing would be to try and get bitcoiners to believe they can game the system and treat it like an exchange, thereby causing more deposits to come in, something they desperately need to keep the scam running.

They wouldn't be offering that rate if they didn't have to, put it that way. They are wily enough bastards to know damn well what they are doing and they sure as shit wouldn't be that far off market price by mistake.

"It's a trap!" - Admiral Ackbar

[Liad.Services]

Another thing that is weird on the site that they offered bitcoin cashouts at a huge rate,100$ more then the current spot price which is pretty weird

You mean they are making bitcoin payments at BTC/$ exchange rates $100 better than market price? If that is the case then the only reason I can imagine they would be doing such a thing would be to try and get bitcoiners to believe they can game the system and treat it like an exchange, thereby causing more deposits to come in, something they desperately need to keep the scam running.

They wouldn't be offering that rate if they didn't have to, put it that way. They are wily enough bastards to know damn well what they are doing and they sure as shit wouldn't be that far off market price by mistake.

"It's a trap!" - Admiral Ackbar

Thats right. And at some point when I guess that they didn't have funds to pay everybody they started telling that because of a maintainance withdrawing from now will take some time because a manuall approvement is needed,few weeks later they ran out with the money.

[cryptodevil]

. . .aaaaaaand here comes the "Quick, invest now while there is still time before we close" manoeuvre which, when coupled with the disproportionately favourable BTC/$ exchange rate, should help them to scoop up as many new deposits as they can before the inevitable collapse, which will be *well* before any date they announce. Because that is the intention of the scam, remember, to keep the funds flowing in.

[Borgminer]

Well Im sold . I now agree .  I dont not believe recyclix is legit. Will not be sending money into their made up project. thanks Cryptodevil . You saved me lots of money.

[cryptodevil]

Shit's getting real.

I cannot wait to see how these devious bastards are intending on spinning this exit strategy.

Popcorn at the ready.

[iudica]

can you provide a link?

[cryptodevil]

can you provide a link?

It's their Facebook page.
https://www.facebook.com/recyclix/

[ompul]

Not 10000 but minimum of 100,000 euros.

RECYCLIX REVEALS FUTURE STRATEGY . Strategy is simple. They told prospect victims that "the current system will be closed for new registration soon" in order to make them believe that if they will not "invest" soon they will not have such chance in the future.
 
Sixth principle of influence - "perceived scarcity will generate demand"

[Borgminer]

So 2018 oct pull all investment out if you can .  i doubt they will be around then

[Borgminer]

no new updates just chats from people speculating

[gregory021998]

I don't know if it has been already wrote (i'm not able to read all page atm)... But in italy recyclix has been temporany locked and the authority are still waiting for documents to prove the Company is real... But these documents still didn't come... Ahahhaha do your considerations.