Is Coince.com legit ?

[alexde989]

Okay I am a noob and I guess I am getting greddy, but I saw a coince review on youtube.com and was blown away at how in just 90 days they give you a 80% return on an investment. Now is this even remotely true ? Because the online reviews are quite confusing since some people are saying that they are getting payouts and some people (especially someone name "Windfall" ) is criticizing that its completely a scam.

If anyone has any experience with Coince.com whatsoever please advise me on what do ?

Is it legit or not ?

Thank you.

[1713256753]

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[poptok1]

Coince.com Don't believe a single word you read. It is just a Russian hyip/scam.
badbitcoin.org the site you have to visit from time to time.
All the scams are listed there and updated every day

[OmegaStarScream]

I made a topic about them one/two months ago , see here : https://bitcointalk.org/index.php?topic=1365561.0
It's clearly a ponzi scheme , It's paying for the moment however It depends , I mean they could close and run away with your money at anytime so It's better and highly recommended to stay away from it .

[juraviel]

It's as legit as it gets as far as a hyip goes. It's not a "ponzi scheme scam". People that talk in this section about these things have no clue what-so-ever. They are, however, gambling with your money, even though they are pretty good gamblers. Read up on the concept of hyip. I believe the "interwebz" is the place to go for that.

In short: they will keep paying everyone for as long as it profits them, and then will stop paying altogether. So the guy you mentioned, whoever he is, is most likely wrong.

[cryptodevil]

Here's your answer about Coince OP:

Public Service Announcement -
This is just another Ponzi Scam
Do Not Invest!

Those who choose to post of their participation
support or encouragement for this scam will
be tagged with negative trust for proving
they wish to help the scammers operate this
Ponzi in return for a share of the funds stolen
from other users. Thereby proving they are not
trustworthy forum members.

YOU HAVE BEEN WARNED!

[noel57]

All ponzi schemes have similar characteristics they appear unannounced and leave unannounced, they seems to be paying right now though.

[Trity]

YOU HAVE BEEN WARNED![/color][/size]

@cryptodevil Why you don't remove this topic?

[Slow death]

Coince pays 2% per day on the original investment for period of three months, resulting in a total of 180% of the original amount by the end of the contract (a profit of 80%). On an annual basis, the profit would even come down to 620% if the same amount is invested each quarter. This is an absurd and unsustainable rate of return, which just gets more extreme if returns are properly compounded. If returns are reinvested each day, then $100 could in theory turn into $125,000 in just one years' time and $155 million in just two years' time. The only way to sustain these rates of return for at least a short period of time is in a Ponzi scheme, for as long as reinvestment rates and user growth rates remain high.

see full review of this ponzi site created by scammer.

 http://digiconomist.net/fraud-risk-assessment-coince

[cryptodevil]

YOU HAVE BEEN WARNED![/color][/size]

@cryptodevil Why you don't remove this topic?

That's weird, I also received a pm from a different noob account asking me the same thing:

!!! WARNING: This user is a newbie. If you are expecting a message from a more veteran member, then this is an imposter !!!
Hello,

Why you remove other illegal investment programs topics but keep the topic of coince.com? I think you should remove it too because bitcointalk.org is not a war place.
Here is the topic link: https://bitcointalk.org/index.php?topic=1416999.0

Regards,

Firstly, it isn't my fucking thread, why are you asking me to move it?

Secondly, threads like this are important so that potential new victims of these scams might discover them when they google questions about whether coince is a scam, which it is.

[Kolip]

Its not important its legit or not... Its about 1 year most of the bitcoin industry investors making investment with them and double their money every 60 days... You can try with $10 only...

[Brob12321]

Not legit at all, its a fraud, you are better off investing in Bitcoin, it jumped from $400 to $550 in like a week no need for scam ponzis with an investment like that

[tsaroz]

HYIP are ponzi where the strategy is to run away when you have the largest amount of money. Paying high interest is impossible without a catch. People who invest early in site that stays longer benefits from these sites but most of the investors are unpaid.

[Slow death]

Its not important its legit or not... Its about 1 year most of the bitcoin industry investors making investment with them and double their money every 60 days... You can try with $10 only...

there are many sites that we can find out about the evil that hyip sites cause.

I recommend reading it.

http://digiconomist.net/fraud-risk-assessment-coince

yesterday I was creating my website for my project and wanted to see news on the internet, after seeing the news I saw a news that shocked me, a guy lost $2.500 in a very famous hyip site and they say it pays, but the guy lost $2.500.

all hiyp sites make selective payments, you do not have to know if you will be paid or not.

And there's another problem.

Where are you complaining when stolen by a hiyp site?

[juliocesario]

YES, if you invest from monitor and low investment.
Always invest from hyip monitor, at least you got RCB.
if you want to invest $1.000, invest every $100 from 10 monitor, use different email and username.
is it Ponzi? yes, and i dont care about that.

[cryostasis25]

Its not important its legit or not... Its about 1 year most of the bitcoin industry investors making investment with them and double their money every 60 days... You can try with $10 only...

there are many sites that we can find out about the evil that hyip sites cause.

I recommend reading it.

http://digiconomist.net/fraud-risk-assessment-coince

yesterday I was creating my website for my project and wanted to see news on the internet, after seeing the news I saw a news that shocked me, a guy lost $2.500 in a very famous hyip site and they say it pays, but the guy lost $2.500.

all hiyp sites make selective payments, you do not have to know if you will be paid or not.

And there's another problem.

Where are you complaining when stolen by a hiyp site?

I know that site you are referring to funny he said that its alright that he lost $2.5k because he can easily recover it back since he have spread his money to other sites.

Coince is a ponzi but if you will take the plunge try only investing or deposit the minimum amount so if they run then you didnt loose much. Been with coince since the beginning and already got my money back and only now re-investing the profit that i have earned. Started with $13.

[Riez_all89]

Just be smart.
I already invest $30 5 month ago. Now i get total $40
Until now i just reinvested my profit.

JUST DO WITH YOUR OWN RISK

[Dikes]

I deposit 200$ and ı get 81$ now my roi is %41

[cryptodevil]

I deposit 200$ and ı get 81$ now my roi is %41

Says the ponzi scammer.

https://bitcointalk.org/index.php?topic=1510409.msg15192919#msg15192919

[ImHash]

I'm confused is it scam or not? did any one lose money to them to this date or not? can I deposit some bucks and expect return?
If I do then my profit is from other's lose?

[Brob12321]

I'm confused is it scam or not? did any one lose money to them to this date or not? can I deposit some bucks and expect return?
If I do then my profit is from other's lose?

Dude don't invest in a ponzi scheme, bitcoin has just went from $400 to $700 what in the hell do you need to invest in a ponzi scheme for ?