BitcoinSupremo (OP)
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April 07, 2016, 06:07:37 AM |
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I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?
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Keyboard PC
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April 07, 2016, 06:32:31 AM |
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I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?
If they always get new investors will continue to run this site. I'm sure they have the time or profit targets as specified Factors affecting the long-running Ponzi is small profit So even if the site is running long you should remain cautious
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BitcoinSupremo (OP)
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April 07, 2016, 06:40:49 AM |
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I am not a member of them, I never trust ponzis, just want to know how can they survive that long, knowing that Cldmine, has very very few new investors everyday that was my question and it still remains ? I think they are trying to mine different cryptos, as they claim to mine a lot of altcoins, and they can even pay you in that coin different from Hashocean who only uses Btc.
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alani123
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April 07, 2016, 06:44:05 AM |
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cldmine isn't even that old http://who.is/whois/cldmine.comRegistered On September 30, 2015
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[/tabl
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BitcoinSupremo (OP)
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April 07, 2016, 08:27:39 AM |
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it is more than 6 months , or at least six months, and considering very few persons register in there daily, I am still wondering how they manage to pay(Hashocean has great amount of users, thats why it still going) guess they should be using some GPU-s maybe ? Anyway if its so why not a single picture of their equipment, or a small video, so I guess they are just rotating money after all like all other ponzis.
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crazyivan
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DMD Diamond Making Money 4+ years! Join us!
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April 07, 2016, 09:20:40 AM |
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I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?
It s very simple, new people get greedy and invest while current users get greedy too and keep reinvesting. It s just question of time....
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talkbitcoin
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All I know is that I know nothing.
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April 07, 2016, 11:03:06 AM |
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I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?
what you are describing means they are not Ponzi! or at least not completely. (i have no idea if they are or not though) usually when these cloudmining services which are scam come to last long is because they are giving out free hashrates and a lot of promotions which will lead to more and more people investing so they can pay off their new users until they collapse. meanwhile they are not mining at all. because mining even with gpu will cost and they are trying to keep the cost at minimum, earning through scam at maximum.
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BitcoinSupremo (OP)
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April 07, 2016, 11:25:33 AM |
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So you are saying even DOGE mining which does not use a lot of resources they are not even doing it, and playing to the maximum scam. Well then I am shocked at the number of persons(idiots) who joins these sites.
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tmfp
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"Common rogue from Russia with a bare ass."
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April 07, 2016, 11:36:53 AM |
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I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?
You can come to whatever conclusion you like, but it's just a guess. These sites cost very little to set up and maintain, it's easy to shuffle some dust around between wallets to create the illusion of activity. If you met a guy in a bar who said he had a great scheme going, would you give him money? No, so why do it on the Net?
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Extraordinary Claims require Extraordinary Evidence
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ShowOff
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April 07, 2016, 12:14:05 PM |
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from what i see what my friends do, they're keep investing their income in that cloud mining site , and they don't think about anything except big profit. i wouldn't call that site real cloud mining because it's only ponzy scheme
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BitcoinSupremo (OP)
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April 07, 2016, 12:26:28 PM |
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Yes I know they are ponzi scams in the end as not a single evidence of them mining anything at all but like someone say, it remains a mystery to me how experienced people in the world of BTC still invest in these scams. Well I guess greed is something a human being can't control apparently.
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cryptodevil
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Thread-puller extraordinaire
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April 07, 2016, 12:45:50 PM |
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it remains a mystery to me how experienced people in the world of BTC still invest in these scams.
They don't. If you see established member accounts promoting 'cloud mining' ponzi it is either because they are in on the scam or it is a bought account by the operators of the scam who use it to post supportive comments to trick newbies into believing it is a credible operation. That's one of the reasons why we tag with a negative rating anybody who posts support for a known scam. It destroys the value of these sold accounts and discredits the operation it was supporting.
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WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk'
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SparkyU
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April 07, 2016, 05:28:32 PM |
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You know what they say, there is a sucker born every minute. There is essentially an endless stream of people to take advantage of if you're the kind of scumbag person that does that sort of thing. It's why it's profitable and why people will continue to do it.
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Monnt
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April 07, 2016, 11:42:52 PM |
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It's pretty much the same idea as gambling. People have made profit of ponzis before, and think they can do it again. And they get scammed. Simple. It's greed.
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Phildo
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April 08, 2016, 02:20:15 AM |
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It's very easy for cloud mining scams to last because they don't really need new investors to pay old investors.
They can just take your money and give it back to you a little bit at a time.
They go until the deposits stuff and the owner realizes they will never have more money than they do at the moment, so they run.
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Rizla2345
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April 08, 2016, 02:27:41 AM |
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It's very easy for cloud mining scams to last because they don't really need new investors to pay old investors.
They can just take your money and give it back to you a little bit at a time.
They go until the deposits stuff and the owner realizes they will never have more money than they do at the moment, so they run.
They´re probably enticing the current members with offers to reinvest. That´s one way these schemes prolong their existence. And there´ll be discounts on hash sales. At some point these very promising offers come thick and fast which is usually a sign that the end is near.
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noel57
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April 08, 2016, 02:30:54 AM |
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It's very easy for cloud mining scams to last because they don't really need new investors to pay old investors.
They can just take your money and give it back to you a little bit at a time.
They go until the deposits stuff and the owner realizes they will never have more money than they do at the moment, so they run.
I agreed with you completely because that is the way ponzi cloud mining works some of them even invest your funds into gambling, Forex trading etc in order to meet up.
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BitcoinSupremo (OP)
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April 08, 2016, 07:38:20 AM |
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It's very easy for cloud mining scams to last because they don't really need new investors to pay old investors.
They can just take your money and give it back to you a little bit at a time.
They go until the deposits stuff and the owner realizes they will never have more money than they do at the moment, so they run.
I agreed with you completely because that is the way ponzi cloud mining works some of them even invest your funds into gambling, Forex trading etc in order to meet up. Lol, so some of them also play the role of those well known HYIPS which tells you their managers are very experienced FOREX players and promise you 6% daily. Like I said, morals exist no more in our world.
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plost24
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April 08, 2016, 11:01:03 PM |
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ponzi only have a short time of life because even if they have so much investor it will come a day that the owner will descover that he can't pay the others so he will run away with all bitcoin he have and turn to scam. even if you have 3 new invester a day and the old one reinvest in the ponzi there is no chance.
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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amacar2
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April 09, 2016, 07:15:53 AM |
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Fake cloud mining site run on same principle as of HYIP (high yeilding investment program) and they can live as long as they get new customers via referal of others. I think they have quite good advertisers enjoying referal commision on background.
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