ore-mine explicit ponzi, ANN with collapsed report.

[lottery248]

his announcement thread is here: https://bitcointalk.org/index.php?topic=759702.0
i cannot add my photo on because my network connectivity is not that fast.

to be honest that site had nominally paid out 2331+ btc IIRC, including the funds re-invested; even the www.badbitcoin.org has stated that site is scam. i would not post this accusations if they could remain their "game" instead of "real mining". in fact they are now claiming that they are actually mining from the bitcoin network; which equals that they have "signed" the block. explicitly, they did not ever sign even a block to prove that.

i found a lot of the referral spam inside their main page commentary, because of the high commission on the referral inside this ponzi. although i did not deposit any satoshi in that site, i am still getting attracted by them as the sign campaign better to say advertisement outside bitcoin forum. they have their sign campaign which is probably abandoned, link here. proven not yet abandoned.

real mining does not have any referrals as they cannot afford the bonus, so beware. if you see this post, please start to withdraw when the avaliable funds avaliable instead of reinvest, especially for the newcomers, if you are interested to that game, you must leave and withdraw your funds immediately. i am one of the example of the victim in the ponzi collapse, so don't you if you are lucky enough.

i have posted the warning here. don't get the operator to run-off like what MMM just did in the china.

update: people started to report about unability to withdraw fund.
update 2: the site is 'seized' by the US, but the picture acknowledging the seizing seems to be illegitimate. it is collapsed already.

[UnknownUsername]

Whats the problem? Its already in the investor-based game section. So, shouting ponzi or scam is pretty pointless already.

[lottery248]

Whats the problem? Its already in the investor-based game section. So, shouting ponzi or scam is pretty pointless already.

sure, but that ponzi is probably still on with the sig campaign, so the site is being promoted outside investor-based games.
some of the people who are not active in the investor-based games had probably been attracted and even invested for that matter. hope that this accusation could remind the "player" to start to escape.

[UnknownUsername]

Oh yeah, Isn't it biased the way they give neg trust? Ore-mine is freely to advertise their ponzi site while other ponzi gets negative reputation?

Its mind blowing. how really biased it is. Both campaign manager and participants didn't get any.

[mexxer-2]

Oh yeah, Isn't it biased the way they give neg trust? Ore-mine is freely to advertise their ponzi site while other ponzi gets negative reputation?

Yup, all you can do is complain right? If someone did make an attempt at proving they were a ponzi, they'd have been given a neg a long time ago.

[yahoo62278]

I gotta say you post some pretty baseless claims here. I can guarantee the signature campaign isnt abandoned. Masterp stole some btc and the guy who owns the site paid all participants from his pocket and is continuing campaign for 2 months. I think you need to have facts before making posts in the future

[lottery248]

I gotta say you post some pretty baseless claims here. I can guarantee the signature campaign isnt abandoned. Masterp stole some btc and the guy who owns the site paid all participants from his pocket and is continuing campaign for 2 months. I think you need to have facts before making posts in the future

i would have posted more evidence if i could, although your sig campaign isn't yet abandoned, i won't sure if you are negged for helping to promote this site.

i posted a warning isn't baseless, look at the example of investment based faucets, the owner gone AWOL with the fund unpaid without getting caught by players. same logic as ore-mine, unless you were lucky enough that the operator wasn't watching his earnings from that site, otherwise the operaror could down the site without any notice and being discovered by players/investors.

if the ore-mine collapsed without predicted warnings, there would be even more victims in this scheme. hope you know why i need to accuse ore-mine "baselessly". nobody sure the fate if people just ignore this/viceversa.

[yahoo62278]

The site has been running for more than 2 years. I can personally vouch that the owner isnt abandoning his signature campaign. We have ran that for 4 months total now with noone ever having to worry about being paid.

[mexxer-2]

The site has been running for more than 2 years. I can personally vouch that the owner isnt abandoning his signature campaign. We have ran that for 4 months total now with noone ever having to worry about being paid.

Sorry to say yahoo but you might be risking your own reputation for what (IMHO) is highly likely a ponzi scheme still in the "Investor attracting" mode. As for the "paying for x time" , history is proof that cloudmining/ponzis have seeding money etc to sustain themselves for a long period of time to attract huge investors after which, when they have attracted enough high investors/investments , some hiccups in payment start, eventually coming up with a hack/system failure or just plain nothing, as a reply when they finally scam.

The least you can do is add a "Invest at your own risk", as you are a hero member(you might attract newbs attention, and they might think you are actively recommending investing) to avoid any future implications.

[yahoo62278]

I'm not recommending anything. I'm just saying its paid out for over 2 years. I did a little homework before accepting the job period. I manage his campaign and that's it. Of you look at all my posts here you'll see I'm only defending the part I have to deal with which is SIG campaign. I also don't feel like you can label the site as a scam ponzi since it has been around for 2years plus. True ponzis collapse well before then but its whatever here. You guys wanna play internet police n ruin the acct value then do what you must. I think the trust system is a joke half the time cause half have no clue and the other half trying to get noticed.

[lottery248]

I'm not recommending anything. I'm just saying its paid out for over 2 years. I did a little homework before accepting the job period. I manage his campaign and that's it. Of you look at all my posts here you'll see I'm only defending the part I have to deal with which is SIG campaign. I also don't feel like you can label the site as a scam ponzi since it has been around for 2years plus. True ponzis collapse well before then but its whatever here. You guys wanna play internet police n ruin the acct value then do what you must. I think the trust system is a joke half the time cause half have no clue and the other half trying to get noticed.

i am gonna remove the "abandoned sig campaign" which is completely baseless.
now i am gonna find some of the evidence to prove that how ore-mine is trying to scam. so put the negative trust to neutral unless i am still putting on the baseless accusations.

please answer me the following question:

did ore-mine grants security which guarantees they won't take player's password? if yes, what kind of services they have to do so? did they guarantee that they won't put players' info to the third party?

did they provide any rules in the commentary? did they warn the players not to excessively invest?

is that still the game? based on the site of what i can see, they are claiming that they are "real mining" instead of game.

except for the funds from the investors, how could they gain the funds to payout?

[yahoo62278]

I'm not recommending anything. I'm just saying its paid out for over 2 years. I did a little homework before accepting the job period. I manage his campaign and that's it. Of you look at all my posts here you'll see I'm only defending the part I have to deal with which is SIG campaign. I also don't feel like you can label the site as a scam ponzi since it has been around for 2years plus. True ponzis collapse well before then but its whatever here. You guys wanna play internet police n ruin the acct value then do what you must. I think the trust system is a joke half the time cause half have no clue and the other half trying to get noticed.

i am gonna remove the "abandoned sig campaign" which is completely baseless.
now i am gonna find some of the evidence to prove that how ore-mine is trying to scam. so put the negative trust to neutral unless i am still putting on the baseless accusations.

please answer me the following question:

did ore-mine grants security which guarantees they won't take player's password? if yes, what kind of services they have to do so? did they guarantee that they won't put players' info to the third party?

did they provide any rules in the commentary? did they warn the players not to excessively invest?

is that still the game? based on the site of what i can see, they are claiming that they are "real mining" instead of game.

except for the funds from the investors, how could they gain the funds to payout?

The sig campaign was all i was defending, as for the rest of your claim im not 100% sure. I was approached by the owner to manage the campaign so i looked into payment history cause i know how users here like to flag for ponzis. I seen they had a long history of paying out so i assumed it wouldnt raise any flags to manage the campaign. managed it for 3 months back in august or so of last year til nov/dec and then was asked to reopen it 2 weeks or so ago.

[james.lent]

I'm not recommending anything. I'm just saying its paid out for over 2 years. I did a little homework before accepting the job period. I manage his campaign and that's it. Of you look at all my posts here you'll see I'm only defending the part I have to deal with which is SIG campaign. I also don't feel like you can label the site as a scam ponzi since it has been around for 2years plus. True ponzis collapse well before then but its whatever here. You guys wanna play internet police n ruin the acct value then do what you must. I think the trust system is a joke half the time cause half have no clue and the other half trying to get noticed.

i am gonna remove the "abandoned sig campaign" which is completely baseless.
now i am gonna find some of the evidence to prove that how ore-mine is trying to scam. so put the negative trust to neutral unless i am still putting on the baseless accusations.

please answer me the following question:

did ore-mine grants security which guarantees they won't take player's password? if yes, what kind of services they have to do so? did they guarantee that they won't put players' info to the third party?

did they provide any rules in the commentary? did they warn the players not to excessively invest?

is that still the game? based on the site of what i can see, they are claiming that they are "real mining" instead of game.

except for the funds from the investors, how could they gain the funds to payout?

The sig campaign was all i was defending, as for the rest of your claim im not 100% sure. I was approached by the owner to manage the campaign so i looked into payment history cause i know how users here like to flag for ponzis. I seen they had a long history of paying out so i assumed it wouldnt raise any flags to manage the campaign. managed it for 3 months back in august or so of last year til nov/dec and then was asked to reopen it 2 weeks or so ago.

Well, regardless of them paying or not , the scam is pretty obvious. Their flow must be good hence why they've been paying out still. Look at the new year promo as an example, doubling an investment in a month is not possible. As for you, i guess you're just doing your job and since you don't guarantee users any profit from your side, it's not wrong. Just my 2 cents though.

[steveds]

This website is definitely scam it's just that it is not as bad as new poni's lunching everyday.I don't think anyone has confirmed their mining equipment or any other satisfactory or convincing measures for their mining like it has been done with hashnest.It will end up sooner or later

[lottery248]

This website is definitely scam it's just that it is not as bad as new ponzi's launching everyday.I don't think anyone has confirmed their mining equipment or any other satisfactory or convincing measures for their mining like it has been done with hashnest.It will end up sooner or later

hashnest is real for sure. corrected what you just made wrongly on typing.

[Phildo]

I'm not recommending anything. I'm just saying its paid out for over 2 years. I did a little homework before accepting the job period. I manage his campaign and that's it. Of you look at all my posts here you'll see I'm only defending the part I have to deal with which is SIG campaign. I also don't feel like you can label the site as a scam ponzi since it has been around for 2years plus. True ponzis collapse well before then but its whatever here. You guys wanna play internet police n ruin the acct value then do what you must. I think the trust system is a joke half the time cause half have no clue and the other half trying to get noticed.

Mining scams can last a lot longer than regular ponzis because they can pay you out with your own coins and those that you "reinvest" to keep the thing running until they feel like running.

[DaddyMonsi]

I'm an ore-mine user myself and believe me they pay VERY little for a big investment. Return of investment is somewhere 5 to 6 months. Ponzi? I only have 2 referrals and for every referral that's I think additional Satoshis for my earnings, it's not even a hundred Satoshis per referral. Although I'm not saying that their site may collapse in the near future, but for now they are earning from investments and the land mine game. Recently they launched this mines that expires in 1 month and returns is 100%. It's limited so I guess site owner calculated the risks on that one. I'm not saying they will not collapse, they may, but not in the next few months.

[lottery248]

now collapsed, impending confirmation. (based on some of the report)
for more information, please refer to the main thread of that site.

(update 21:27 for not evidently reporting; operator is emphasizing about his scheme.)
(update 1/17 for collapsed sign)

[paka]

Well my withdrawal been pending for 24 hrs and its like half a dollar, blame yahoo for helping them scam more members.

[mexxer-2]

Well I'm just guessing what happened to this guy:

Lol while everyone is thanking the site for the payments I'm just wondering how long until it goes into "Scam exit" mode

Listen the dude, you are a dude or the chick? this site and the ore-mine team worked, works and will work! more than one year! you who? instigator? intrigant? competitor? my opinion on you - you are an ordinary piece of shit, a cheap bug. watch an exhaust from the mouth, from your mouth shit climbs! stop! or you will be stopped!