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Author Topic: Bitcoin Cloud Services  (Read 1704 times)
Prinny (OP)
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November 26, 2015, 10:20:10 AM
 #1

Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.
bittamak
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November 26, 2015, 10:29:49 AM
 #2

Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.

Don't invest on cloud mining services as most of them are found to be ponzi schemes....Instead of investing 11 BTC into unknown third party sites, why don't you buy hardware and mine it yourself..?
OmegaStarScream
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November 26, 2015, 10:31:10 AM
 #3

I will stop you there before you do something you will regret about it later . Stay safe and don't use them .

Scam alert about them : https://www.cryptocoinsnews.com/scam-alert-bitcoin-cloud-services/
Read this as well : https://bitcoinmagazine.com/articles/exclusive-possible-500000-bitcoin-cloud-mining-ponzi-scheme-uncovered-1433546738
and here is a topic about them : https://bitcointalk.org/index.php?topic=1010670.0

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tmfp
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November 26, 2015, 10:40:33 AM
 #4

Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.

I will stop you there before you do something you will regret about it later . Stay safe and don't use them .

Scam alert about them : https://www.cryptocoinsnews.com/scam-alert-bitcoin-cloud-services/
Read this as well : https://bitcoinmagazine.com/articles/exclusive-possible-500000-bitcoin-cloud-mining-ponzi-scheme-uncovered-1433546738
and here is a topic about them : https://bitcointalk.org/index.php?topic=1010670.0

+1

Why didn't you at least use the search function here to do some research, before thinking about signing up for something like this obvious scam?

https://bitcointalk.org/index.php?action=search2

Extraordinary Claims require Extraordinary Evidence
jacktheking
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November 26, 2015, 10:45:58 AM
 #5

No one give the user the answer he or she is looking for.

A lot of Bitcoiner uses the Thai bath symbol to refer to Bitcoin as it look like a "B" with a currency "line". The services is asking for 11 BTC and not 11 Thai Bath. Like what others said, dont invest in cloud mining. It is most likely a scam attempt. Even if it is not, (legit) cloud mining will take you a long time to gain profit.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
Prinny (OP)
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November 26, 2015, 10:54:22 AM
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No one give the user the answer he or she is looking for.

A lot of Bitcoiner uses the Thai bath symbol to refer to Bitcoin as it look like a "B" with a currency "line". The services is asking for 11 BTC and not 11 Thai Bath. Like what others said, dont invest in cloud mining. It is most likely a scam attempt. Even if it is not, (legit) cloud mining will take you a long time to gain profit.

Thank you for your answers, it was very helpful.
tmfp
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November 26, 2015, 10:59:09 AM
 #7

10 Ths for 0.000894 BTC! That would definitely be too good to be true!  Cheesy

Research, research and more research Prinny, there's a lot of scammers out there......

Extraordinary Claims require Extraordinary Evidence
Prinny (OP)
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November 26, 2015, 11:02:09 AM
 #8

10 Ths for 0.000894 BTC! That would definitely be too good to be true!  Cheesy

Research, research and more research Prinny, there's a lot of scammers out there......

And like an idiot, I fell for it.
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November 26, 2015, 11:06:58 AM
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10 Ths for 0.000894 BTC! That would definitely be too good to be true!  Cheesy

Research, research and more research Prinny, there's a lot of scammers out there......

And like an idiot, I fell for it.

That really sucks, i've seen a few people fall for scams before.

Hopefully this won't happen again to you, I myself learned from a scam once and I do a bunch of research before I start doing something like this again.

Rude Boy
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November 26, 2015, 03:13:27 PM
 #10

OP, better don't invest on that, its seems sketchy Read here

I will stop you there before you do something you will regret about it later . Stay safe and don't use them .

Scam alert about them : https://www.cryptocoinsnews.com/scam-alert-bitcoin-cloud-services/
Read this as well : https://bitcoinmagazine.com/articles/exclusive-possible-500000-bitcoin-cloud-mining-ponzi-scheme-uncovered-1433546738
and here is a topic about them : https://bitcointalk.org/index.php?topic=1010670.0

Also add this too ► https://bitcointalk.org/index.php?topic=878387.0
CryptoBjorn
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November 26, 2015, 03:48:37 PM
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10 Ths for 0.000894 BTC! That would definitely be too good to be true!  Cheesy

Research, research and more research Prinny, there's a lot of scammers out there......

And like an idiot, I fell for it.

Well don't say that I was also an idiot first time doing some bitcoin.

Oh well you have learn your lesson so that is a good thing.

So in the future won't happend again.
Hashminers
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November 26, 2015, 04:16:30 PM
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10 Ths for 0.000894 BTC! That would definitely be too good to be true!  Cheesy

Research, research and more research Prinny, there's a lot of scammers out there......

And like an idiot, I fell for it.

Well don't say that I was also an idiot first time doing some bitcoin.

Oh well you have learn your lesson so that is a good thing.

So in the future won't happend again.

That is funny I did also some stupid stuff in the beginning.
But that is true you can learn your mistakes.
tiggytomb
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November 26, 2015, 04:20:14 PM
 #13

Yes, please be extremely careful when dealing with any cloud mining companies as the majority of them are scams.  Especially when you start doubting yourself and start losing confidence in a sign up process best to just leave it alone and move on.
devil11
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November 26, 2015, 04:24:34 PM
 #14

Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.

As there is mentioned Amount BTC, So i thinks it is asking you to pay in BTC but i am seeing this first time ! Smiley
NorrisK
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November 26, 2015, 05:12:49 PM
 #15

They probably lured you in because the symbols for bitcoin and thai baht are so similar.

Hope you didn't invest in them, seems to be a recipe for disaster and just a big scam.
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November 26, 2015, 05:37:43 PM
 #16

If i were you, i would not invest in cloud mining service now.

Recently cloud mining now it just ponzi scheme, and ending with scam.

So if you want to save or growing bitcoin trade it and don't invest in cloud mining.
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November 26, 2015, 05:46:46 PM
 #17

Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.

First of all and absolutely the most important thing is to not invest in whatever kind of mining. I am a old miner (myself and in cloud). Maybe you can earn but your investment is always in risk. Big risk. To leave the fact that most of cloud mining sites are scam. To leave a part the fact that the mining hardware is to expensive to have profit from it. But you must have in mind the difficulty in mining. The difficulty in mining is always an unknown factor which can overthrown everything within very few weeks (two or three). And is always unknown. No one can predict this factor. Having such weight in the expected revenues from the mining and having as the unique specific the impossibility to be known make the mining only an adventure and not an investment.

That for the mining and the cloud mining. As for your payment it would be better if you, before the bought of your terrahash, contacted the support of this site and ask about this problem. That sign is a sign which is used for bitcoin. And normally all the clod mining sites do the prices mainly in bitcoin (being bitcoin the currency which will be mined) but even in us dollar or euro. I don't know if that site you speak is a local one or international. If it is local and if your money have that sign maybe the owner of the site has "played" with this fact to have customers for its business. Knowing that the people will be cheated by the sign (believing that is the local money) and will buy. When they will understand the problem the money were paid.
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November 26, 2015, 06:00:20 PM
Last edit: November 27, 2015, 08:21:12 AM by Amph
 #18

look not far than these cloud service, hashnest genesismining and bit-x

then you have a bunch of good renting site, like miningrigrental(i've done plenty of renting here, i was renting like 50-60 rig one time) nicehash and betarigs

everything else you will find is most likely a scam
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November 26, 2015, 06:41:39 PM
 #19

Just recently, I found this website called bitcoincloudservices and when I decide to purchase a few terrahash. It is asking me to pay 11.0000 ฿, which is 11.0 Thai Baht, according to the symbol. But when I received an email for the order receipt, they said I have to pay "Amount (BTC): 11.0." So, at this moment I am a bit confused on how much I have to pay, 11.0 ฿ Thai Baht (or 0.000894 BTC at the time of this post) or 11.0 BTC.

I wrote about this company no longer paying back in June. Bitcoin Cloud Services is a ponzi you should avoid. If you really want to buy hosted bitcoin mining stick with legit services like Hashnest. Also consider to never buy mining power from a company that does not have an exchange where you can sell your hash if you change your mind and want out. This leaves out companies like Genesis Mining.

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November 26, 2015, 08:15:49 PM
 #20

There are and still some honest companies at the cloud market but with the current btc value is a bad investment as in the most of cases the produced and the costs to get the bitcoin will be near 0 giving nothing to the investor.Soo must avoid any cloud company at the moment ,since they cant give you something they arent doing,meaning ,profit ,they can pay you well but they are using others investors money to pay you ,this will always end bad for the most.
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