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Author Topic: Is Ore-mine.org legit or ponzi?  (Read 2476 times)
favdesu
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November 23, 2015, 07:47:28 AM
 #41

The fact that they were launched on the investor based games section (a.k.a ponzi section Cheesy ) made them look like a ponzi. But they don't give much high returns compared to typical ponzis. Anyways still looks like a ponzi to me, its quite impressive they manage to work and pay for over a year. Still avoid it, you're probably late Roll Eyes

not-so-high returns make them live longer probably. maybe it's a hybrid ponzi (with some real, but not enough income)

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November 23, 2015, 07:49:53 AM
 #42

Well, if it's a ponzi, they do great job, they've been online for more than 1 year and I don't see any complains in the forum.
It could be just another smart masked ponzi, ran by a evil mastermind who can do math.

Just in case, watch out where you invest your money. A lot of people lose their money on ponzi schemes every day, so I wouldn't be surprised if this one went "poof" in the future.
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November 23, 2015, 08:03:47 AM
 #43

I register then maybe month ago, and I thought couple of times to invest something there but I have some bed expirience with this investor-based games in the past and I didn`t. Well after a month there on free I gathered funny amount of 6500 satoshis, I aks my self why I`m even going but I check it from time to time cause he give 17 satoshis for 8 hours. Even if with investment to level 3 I think with 200 000 satoshi they will give 320 for 8 hours its to small I think. I will think about will I invest there, probably I will check it from time in next months and i will decide then.

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November 23, 2015, 08:14:38 AM
 #44

Reason why we conclude that ore-mine.org is ponzi is because they are not transparent enough to tell possible investors on what they really do to the BTC's invested to site so it can earn. They don't even wan't to tell us their hot/cold wallet.
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November 23, 2015, 08:21:33 AM
 #45

The fact that they were launched on the investor based games section (a.k.a ponzi section Cheesy ) made them look like a ponzi. But they don't give much high returns compared to typical ponzis. Anyways still looks like a ponzi to me, its quite impressive they manage to work and pay for over a year. Still avoid it, you're probably late Roll Eyes

not-so-high returns make them live longer probably. maybe it's a hybrid ponzi (with some real, but not enough income)

I also think so, HYIPs/ponzis tend to live longer if they have that not so much high returns based on experience. Probably they also generate some profit with ads and fees but they definitely gain more profit from new investors Cheesy

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November 23, 2015, 09:28:11 AM
 #46

Well, if it's a ponzi, they do great job, they've been online for more than 1 year and I don't see any complains in the forum.
It could be just another smart masked ponzi, ran by a evil mastermind who can do math.

Just in case, watch out where you invest your money. A lot of people lose their money on ponzi schemes every day, so I wouldn't be surprised if this one went "poof" in the future.

A ponzi can survive for a lot of time! 1 year is nothing, if you see for example another old ponzi site like bux.to ...

Actually they didn't accept other deposit, it could be a good sign, but the interest rate it's to high! (more 20% yearly!!!)


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November 23, 2015, 09:32:46 AM
 #47

I hope OP sen't a PM to the site representative which is Sector so he can also give his side of the story and defend ore-mine.org
The BTC deposits in the site that makes interest is really something to think about, where are they getting the 2.++% to pay the investors.

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November 23, 2015, 09:42:06 AM
 #48

I just want to drop my two cents in real quick. I've been using Ore-Mine for ages now and never had a problem with them I've invested a whopping 0.003 BTC into them and have withdrawn quite a bit. Proof - http://prntscr.com/95x84k

Income from referrals alone is 0.59110711, this isn't including what I've earned myself.

There is the age old saying of don't invest more than you are willing to lose. This proves well for any website no matter what they do or offer.

In regards to their income, they have mentioned on this forum a couple times how they get their income.
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November 23, 2015, 10:59:37 AM
 #49

I'm sure that they have quite big profit from their game - "Lands". Always when i play there, i'm losing.  Sad Better don't try.. Wink
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November 23, 2015, 11:03:24 AM
 #50

allright it's a ponzi
but they give very little profit so they will live long...
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November 23, 2015, 11:06:24 AM
 #51

allright it's a ponzi
but they give very little profit so they will live long...

How you count this? If you talk about monthly interest rate - 2,32% - it is not so small. And interest rate from minings is much higher!

That's why everyone is afraid that the end may be close ..
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November 23, 2015, 11:09:07 AM
 #52

allright it's a ponzi
but they give very little profit so they will live long...

How you count this? If you talk about monthly interest rate - 2,32% - it is not so small. And interest rate from minings is much higher!

That's why everyone is afraid that the end may be close ..

i agree you, it's not small normally
but it'small for a regular ponzi..
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November 23, 2015, 03:41:46 PM
 #53

allright it's a ponzi
but they give very little profit so they will live long...

They were already running for a long time now (over a year). Really impressive for a ponzi to live that long. I guess it will be too late to invest on that ponzi, I doubt this will live longer.

allright it's a ponzi
but they give very little profit so they will live long...

How you count this? If you talk about monthly interest rate - 2,32% - it is not so small. And interest rate from minings is much higher!

That's why everyone is afraid that the end may be close ..

He's talking about the common interests on ponzis, and 2.32% interest a month was very low. In most ponzis, that can be already a daily rate. Cheesy

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November 24, 2015, 02:56:39 AM
 #54

allright it's a ponzi
but they give very little profit so they will live long...

Yes they will give litter profits until they make enough money after that just close the site. This is very well know strategy in ponzi schemes.

Site is not professionally designed  and this shows that he is not serious in his business just want the investors money and and one fine day he will surly close and come up with another ponzi scheme.
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November 24, 2015, 03:02:44 AM
 #55

I'm about 95% sure that it will come out as a scam in the near future..

No way in hell the site has had 1600 BTC run through it... No one in their right mind would actually invest in a site that looks like it was made in 95 and is littered with advertisements..

If it seems to good to be true it likely is. And in the case of ore-mine.org it's likely to good and a scam.. The whole site is designed to take in money and pay it out slowly.. if at all.


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HardForkComing
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November 24, 2015, 03:14:04 AM
 #56

I'm about 95% sure that it will come out as a scam in the near future..

No way in hell the site has had 1600 BTC run through it... No one in their right mind would actually invest in a site that looks like it was made in 95 and is littered with advertisements..

If it seems to good to be true it likely is. And in the case of ore-mine.org it's likely to good and a scam.. The whole site is designed to take in money and pay it out slowly.. if at all.
They've been around for more than 1 year if I'm not wrong.
I find it possible that they've paid 1.6k BTC (Or users awaiting to get paid)

Believe it or not, people invest in such things. You're a gambler, you should know better.


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November 24, 2015, 03:38:20 AM
 #57

If this malakia is supporting it.. you can be rest assured it is a scam..

https://twitter.com/KeyserSozeMC/with_replies

KeyserSozeMC
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November 24, 2015, 03:47:58 AM
 #58

If this malakia is supporting it.. you can be rest assured it is a scam..

https://twitter.com/KeyserSozeMC/with_replies
I've made a script to notify me, whenever my nickname is mentioned in here.

Hey girl! Long time.

Hey, smexy. Don't waste your time. Time's precious.
Hippie Tech
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November 24, 2015, 03:58:40 AM
 #59

If this malakia is supporting it.. you can be rest assured it is a scam..

https://twitter.com/KeyserSozeMC/with_replies
I've made a script to notify me, whenever my nickname is mentioned in here.

Hey girl! Long time.

Lets see if I can trip it again.. Roll Eyes

https://twitter.com/stavros

KeyserSozeMC
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November 24, 2015, 04:26:53 AM
 #60

If this malakia is supporting it.. you can be rest assured it is a scam..

https://twitter.com/KeyserSozeMC/with_replies
I've made a script to notify me, whenever my nickname is mentioned in here.

Hey girl! Long time.

Lets see if I can trip it again.. Roll Eyes

https://twitter.com/stavros
Dude, delete that twitter link asap. It's not me.

btw,
Check my previous post, I'm selling this account ;(

Hey, smexy. Don't waste your time. Time's precious.
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