Coince is gone... YAPS! (yet another ponzi scam!)

[HCP]

Well, can't say I am surprised. 

The website is down, and already this facebook groups has popped up "Coince Victims"

Hopefully some of my warnings on the threads here helped prevent at least one person from investing in this very obvious scam. As a community, we need to stamp out this ponzi scam business by not investing in these schemes. The only way they will stop, is if it is no longer profitable. So, please don't give them your money!

[~Bitcoin~]

Yes it seems now they are gone as everyone have predicted before in several threads here. 3% per day is not sustainable and they are just lieing about their bitcoin mining. Another ponzi just goes down after cldmine, hashocean and now coince.

[Robertqueen2]

We worned of this site previously , it is ponzi . today I read an article on The Merkle ( the famous news site ) , this article talk about Coince , this kind of sites can't still alive for long time , they are similar to hash ocean and top mine , but it appeared in another form ( as investment site )
The article link : http://themerkle.com/bitcoin-scam-site-warning-coince/

[Slow death]

This guy?







should be crying at this time...

Many people must be crying because they lost money, these people continue to invest money in these criminal sites.

[sase007]

Phew... I was about to invest in this site! Lucky it collapsed before I did (I was going to invest yesterday wo would've earned no profits and lost some bitcoin as a result.

[HCP]

Phew... I was about to invest in this site! Lucky it collapsed before I did (I was going to invest yesterday wo would've earned no profits and lost some bitcoin as a result.

If you don't mind, may I ask why you were considering investing in a scheme like Coince?

Was it the (ridiculously) high returns on offer? Was it that you felt the need to "do something" with your bitcoins? Was it the slick looking website with lots of "information" (but little actual proof of what it was they were actually doing to make money)?

I'm just curious to understand why people keep getting sucked into these fairly obvious ponzi schemes. Honestly, with the way the global economy is at the moment, anything offering more than 5% PER YEAR is likely to be very risky and/or a scam. There is no such thing as "easy money" unless you want to get into criminal activity or gambling... but the risks involved there are also high, as are the penalties for losing.

[sase007]

Phew... I was about to invest in this site! Lucky it collapsed before I did (I was going to invest yesterday wo would've earned no profits and lost some bitcoin as a result.

If you don't mind, may I ask why you were considering investing in a scheme like Coince?

Was it the (ridiculously) high returns on offer? Was it that you felt the need to "do something" with your bitcoins? Was it the slick looking website with lots of "information" (but little actual proof of what it was they were actually doing to make money)?

I'm just curious to understand why people keep getting sucked into these fairly obvious ponzi schemes. Honestly, with the way the global economy is at the moment, anything offering more than 5% PER YEAR is likely to be very risky and/or a scam. There is no such thing as "easy money" unless you want to get into criminal activity or gambling... but the risks involved there are also high, as are the penalties for losing.

Hmm, interesting question. I think most people do invest in these schemes knowing tha thtye are onzis and that they are likely to fail. I'd consider to invest a small amount in it just to test it as it is a way of gambling, the same question could be asked as to why people gamble (I'm sure there are similar intentioins of both)?

In some ways ponzis could be considered good for newbies as it shows them that there are scammers for even small amounts of the money they have.

[CroSany]

Omg why they must scam us??They cancreate normal paying trusted revenue share wizhout ponzi scheme or create something new but trusted.I dont know why police dont work nothing.Maybe they have protection from police.I was heard that now bitcoin cryptocurrency was buyed from mafia and that they are scamming wuth investments sites.Better imvest in sites which gives you if you invest 100$  and after one month you have 120$ if you surf 10 ads and also in elite ptc aites which ard paying for years but first check strategy on forums anf google and youtube for revenue share sites and ptc.I know old paying revenue share and ptc sites.

[cryptodevil]

Omg why they must scam us??They cancreate normal paying trusted revenue share wizhout ponzi scheme

No, they can't, that's why they are always ponzi schemes.

The Coince website appears to be back up again today but you should know it has already been proven that they are a fraudulent operation. They posted their 'UK Company' information on their website which was utterly fake.

[edit]
Ah, here it is:



This share certificate is utter bollocks. Not only is it fake, it isn't even realistic.

[indigeniuous]

It is working absolutely fine...

http://i65.tinypic.com/10xvvj7.jpg

[drwtsn32]

It is working absolutely fine...

http://i65.tinypic.com/10xvvj7.jpg

You can't prove it by just a screenshot. Your link displays nothing either.
It is not working.

[The_prodigy]

It is working absolutely fine...

http://i65.tinypic.com/10xvvj7.jpg

You can't prove it by just a screenshot. Your link displays nothing either.
It is not working.

Dont fool everyone here. It is obvious, coince, hashocean, bitstapid and other HYIP sites are all SCAMS they just rotates the investors money just to say that they are paying. Have you ever put into your mind that, the BTC they are paying to you was just pa proportion of your investment to them ? Infact, if they reach the value they want. They will just disappear(like what is happening now) . So better stay away from those thiefs or became their victim in the next months or years.

[willy_00]

Well, can't say I am surprised.  

The website is down, and already this facebook groups has popped up "Coince Victims"
Hopefully some of my warnings on the threads here helped prevent at least one person from investing in this very obvious scam. As a community, we need to stamp out this ponzi scam business by not investing in these schemes. The only way they will stop, is if it is no longer profitable. So, please don't give them your money!

Lol I am going to laugh at my friends now

Edit: its up but is it still paying?

[Slow death]

Well, can't say I am surprised.  

The website is down, and already this facebook groups has popped up "Coince Victims"
Hopefully some of my warnings on the threads here helped prevent at least one person from investing in this very obvious scam. As a community, we need to stamp out this ponzi scam business by not investing in these schemes. The only way they will stop, is if it is no longer profitable. So, please don't give them your money!

Lol I am going to laugh at my friends now

Edit: its up but is it still paying?

HYIP sites make selective payments, which means that it can pay the X member and at the same time not paying member Y.

HYIP sites are ponzi scheme, which means that they pay to their members with money coming from deposit of new members, if not have many deposits and site collapses, because will have no money to make more payments.

HYIP sites are illegal.

Coince says that invests in energy, but in the UK has not called company registration coince making Business energy.

About Coince

Power Supplies & Equipment Limited is a British multinational corporation headquartered in London that was founded on January 2008 and rapidly became one of the major leaders in the wholesale electricity market by boasting professional traders and a highly experienced engineering team with well-diversified areas of expertise to allow for participation in the business market within a safe and non-risk investment environment.

It does not exist physical address of a company called coince that address provided by coince site.

[Noctis Connor]

That manipulation of certificate is a habit of criminals, they always do that to do fraud and identity theft. It is sad to know if someone's name or photo had been used in ponzi activities. These criminals are fake and full of lies.

[mexmer]

this is verry obvious all ponzi are scam

[drwtsn32]

Here we go again...
Told ya!

We were endlessly saying.. they are all scams!

And now, regret always comes last.

[willy_00]

Here we go again...
Told ya!

We were endlessly saying.. they are all scams!

And now, regret always comes last.

I tried to tell my friends that this site is a scam when they give me their referral link. They won't listen. Feel kinda bad because I introduced them to bitcoin and now they lost money because of it

[willy_00]

This guy?






should be crying at this time...

Many people must be crying because they lost money, these people continue to invest money in these criminal sites.

This guy may be investing like tens and thousands of dollars to be able to get this much return. I guess we can se him sleep at the streets now...

[Daffadile]

Well yea it dissapeared that's how ponzi's work they pay people to get them to put more ih then the scammer gets it all back on the 3rd or 4th deposie and pays you for the first and second. The scammer know most people will reinvest and if they dont its fibe they made enough. So most small amounts are paid but not later.

This is why if you look at the higher amount of deposit them make it shorter and more interest because once someone pays that much money they just closed the whole site and do it again. Some offer up to 10btc or more , Dunno what idiot will do that but as soon as someone goes over 1btc they just run and shut down the whole site.