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Author Topic: Is Bitstrategy a Legitimate site.  (Read 5708 times)
simon7 (OP)
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May 27, 2016, 05:01:27 PM
 #1

I saw a link to a website address https://www.bitstrategy.net/ for a company called Bitstrategy limited that was formed in May 2016.  The company seems to be offering some incredible returns on your investments. I am wondering if the company is legitimate, can you guys tell me if it is legitimate or a scam? What is the catch?
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May 27, 2016, 05:04:08 PM
 #2

I saw a link to a website address https://www.bitstrategy.net/ for a company called Bitstrategy limited that was formed in May 2016.  The company seems to be offering some incredible returns on your investments. I am wondering if the company is legitimate, can you guys tell me if it is legitimate or a scam? What is the catch?

Ponzi scam. Gamble at your own risk.

The catch is, if you are last to the party, you lose your money.

I support a decentralized & unregulatable ledger first, with safe scaling over time.
Request a signed message if you are associating with anyone claiming to be me.
simon7 (OP)
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May 27, 2016, 07:00:30 PM
 #3

Agentofcoin I will keep that in mind, I hope I will not be too late to the party.  Grin
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May 28, 2016, 06:02:09 AM
 #4

Ponzi, ponzi everywhere.
Obviously it's ponzi scheme, the daily return is sick. The company profile is poor, just post the address is not provide if the address is true.
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May 28, 2016, 08:55:48 AM
 #5

If the returns are too good to be true, it is likely a ponzi.

I somehow believe these ponzis are using a template system? Most of these sites have similar systems and wordings.

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May 28, 2016, 09:16:44 AM
 #6

If the returns are too good to be true, it is likely a ponzi.

Well yeah thats a sign of a ponzi but some may also set up a low return just to ensure that they get higher deposits from the users who in order to receive high earnings sends a huge amount of BTC. The main thing is to catch up the thing "Where is your money flowing to?". If they are investing into something that contains risk then obviously they will scam in future.

-$nip-
I somehow believe these ponzis are using a template system? Most of these sites have similar systems and wordings.

Yeah they do use the same.They either download an existing template or copy other sites template just to cut off the time as much as they can and start up the PONZI game ASAP.
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May 28, 2016, 09:29:26 AM
 #7

Scam.I know the website has enough information to make it look as legit as possible but trust me everything including the company's official memorandum is fake.You can see the contact details and the domain hosting details too,don't match along with the respective nations.You know their section of official agents is fake too,trying opening their connected facebook accounts.

Quote
Registered office address
18 Raven Road, London, England, E18 1HW
Company status
Active
Company type
Private limited Company
Incorporated on
22 February 2016
Accounts

First accounts made up to 28 February 2017
due by 22 November 2017

Annual return

First annual return made up to 22 February 2017
due by 22 March 2017

Nature of business (SIC)

To be provided on next annual return.
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May 28, 2016, 02:22:15 PM
 #8

If the returns are too good to be true, it is likely a ponzi.

Well yeah thats a sign of a ponzi but some may also set up a low return just to ensure that they get higher deposits from the users who in order to receive high earnings sends a huge amount of BTC. The main thing is to catch up the thing "Where is your money flowing to?". If they are investing into something that contains risk then obviously they will scam in future.

-$nip-
I somehow believe these ponzis are using a template system? Most of these sites have similar systems and wordings.

Yeah they do use the same.They either download an existing template or copy other sites template just to cut off the time as much as they can and start up the PONZI game ASAP.

Perhaps the bitcoin community should conduct a public campaign to educate new comers on ponzis.

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simon7 (OP)
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May 30, 2016, 09:21:22 PM
 #9

But a 37233% return at the end of a year for the 6% per day, 150% every 25 days option is so tempting for a guy like me who has lost so much in bitcoin trading so far. This will help me to make back all I have lost so far and more with the US $200 I have remaining in my trading account  Sad Cry.
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May 30, 2016, 09:31:09 PM
 #10

Yeah we know all that if there's no enough information and high benifits that you can in the sites. its obvious that the site is scam.. so better to test the site before you share it to other or to invest more..
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May 31, 2016, 06:21:27 AM
 #11

Public Service Announcement -
This is just another Ponzi/Pyramid 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!

WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk'
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May 31, 2016, 06:49:17 PM
 #12



 this ponzi site is full of lies

Quote

Who are you and what are you doing?

BitStrategy Limited is a quite young and promising company on the cryptocurrency market. We are looking for integrated solutions for successful investments in equipment and organization the process of crypto mining. Since 2010, the company forms the core backbone of Bitcoin, ensuring the digital currency's integrity and successfully trades through exchange platforms.

Just by reading this passage it is clear that they are scammers.

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May 31, 2016, 07:29:33 PM
 #13

Obvious shill for obvious ponzi scam, under the guise of 'innocently' asking if it is legit and then going on to explain how its supposed payout rate.

A scam will be a scam.
It won't sustain in long run, cause they can't make $ for you at all, they don't have any business model or investment plans to make money grows.
All they did is use other people's $ to pay other users, so those who earned $ is just from other victims... in short a vicious cycle.
People KNEW, but they just dump their $ in hoping for a miracle.

Maybe I have to give another example for people who can't understand.
It's like- Going down to dirty sewers looking for fresh air.
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June 01, 2016, 12:53:15 AM
 #14

Total scam.

1st people get paid with other people deposits until company has enough deposited then they shut down and start a new one.

The last investors lose all, and or any investors that leave their money in there.
simon7 (OP)
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June 01, 2016, 02:47:00 AM
 #15

Interestingly enough I got the link for the site from a porn site whose video I was looking at. Bitstrategy's advertisement kept showing up every time I paused the video. Boy you can't get anything good from a porn site eh? Grin
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June 01, 2016, 11:27:45 AM
 #16

Interestingly enough I got the link for the site from a porn site whose video I was looking at. Bitstrategy's advertisement kept showing up every time I paused the video. Boy you can't get anything good from a porn site eh? Grin


Adult content sites have much traffic, but few accept bitcoin and people are interested in seeing others having sex, so do not see why any of supposed investment site advertising would pay in such a place.

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July 05, 2016, 02:38:03 PM
 #17

Alexa shows that this website became popular since June 2016 and they claim that they are present in the market since 2010.
Its naming servers are present in Ukraine.
Its a scam.
someone111
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August 30, 2016, 01:13:39 AM
 #18

Ponzi or not. Did someone get any payouts yet? Reached break even?

Poinzi only means for me:
- gamble with money you can afford to loose
- join early

If you find a new ponzi that pays out in the beginning, where I can reach break even, I am on, please send a message.

-
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August 30, 2016, 02:02:50 AM
 #19

majariti all investment online only ponzy scheme
only wait owner have much money from investor and scam
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August 30, 2016, 05:57:46 AM
 #20

One of my friends says he is being paid. I will get the proof of payments from him and update you guys.
However, this is clearly a ponzi scam so I suggest you not to promote this.
There will be payments as long as there are people investing into it.
But if you are last in the line by the time they run, say goodbye to your money.
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