New U.S registered site - PowerBTC.com - let you earn 10% above mkt price.

[sbtctalk]

I saw this site powerbtc.com in a PR this morning. They listed a U.S address

1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13  
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com

This site claims to allow BTC sellers to profit 10% above the current market price by reselling the Bitcoins to buyers in middle east. You simply need either a bank account, WU or Paypal. The site claims no registration is required and it is anonymous.

You simply click on let's say Paypal button, a receiving address will pop up and you need to key in your receiving Paypal address.

I have not tried this service yet.

I found one potential problem with the site:

(1) The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?

[shinratensei_]

I saw this site powerbtc.com in a PR this morning. They listed a U.S address

1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13  
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com

This site claims to allow BTC sellers to profit 10% above the current market price by reselling the Bitcoins to buyers in middle east. You simply need either a bank account, WU or Paypal. The site claims no registration is required and it is anonymous.

You simply click on let's say Paypal button, a receiving address will pop up and you need to key in your receiving Paypal address.

I have not tried this service yet.

I found one potential problem with the site:

(1) The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?

And the reason for you for never trying their service and this is it.

Powerbtc.com
What have we told you about PayPal and Bitcoin? and of course this is a scam. 9/9/16

Source:
http://www.badbitcoin.org/

and another

http://www.scamadviser.com/is-powerbtc.com-a-fake-site.html

[sbtctalk]

I saw this site powerbtc.com in a PR this morning. They listed a U.S address

1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13   
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com

This site claims to allow BTC sellers to profit 10% above the current market price by reselling the Bitcoins to buyers in middle east. You simply need either a bank account, WU or Paypal. The site claims no registration is required and it is anonymous.

You simply click on let's say Paypal button, a receiving address will pop up and you need to key in your receiving Paypal address.

I have not tried this service yet.

I found one potential problem with the site:

(1) The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?

And the reason for you for never trying their service and this is it.

Powerbtc.com
What have we told you about PayPal and Bitcoin? and of course this is a scam. 9/9/16

Source:
http://www.badbitcoin.org/

and another

http://www.scamadviser.com/is-powerbtc.com-a-fake-site.html

I do not trust badbitcoins.org because they listed MiningSweden as legitimate. The last I checked, they did not list MiningSweden as a bad site despite M.S has stopped payments.

[asriloni]

US address could be easily generated by fakeaddressgenerator,and having US address in their WHOIS data or being inserted in their website doesn't mean it's really registered in US! and most of HYIP and PONZI even listing their address in 1st tier country in order to gain more trust so people could be interested in joining the site and say "well it's from 1st world country,people there are so trusted" what a BS

[sbtctalk]

US address could be easily generated by fakeaddressgenerator,and having US address in their WHOIS data or being inserted in their website doesn't mean it's really registered in US! and most of HYIP and PONZI even listing their address in 1st tier country in order to gain more trust so people could be interested in joining the site and say "well it's from 1st world country,people there are so trusted" what a BS

Thank you for the good advice. And I thought scammers are often using U.K Register House or similar.

I initially believe 10% above market price is acceptable since the receiving end is Paypal and you are being paid for the risk.

The recycled address set alarm bells ringing.

[amacar2]

There is no reason to trust what they said as first thing which alarms something is fishy is 10% above market rate and also that anonymous word. No on can provide bitcoin to paypal service because paypal strickly prohibits bitcoin related transactions.

However i have seen them in several bitcoin and finanace related sites even in yahoo finance. So are those paid ads/article/press release or do they really verify the legitimacy of the company before posting any article? 

[allankey]

The site is a scam. I have sent 0.05 to try them out. But it has been almost 2 days but nothing was received in my Paypal.

[olubams]

The site is a scam. I have sent 0.05 to try them out. But it has been almost 2 days but nothing was received in my Paypal.

I have hold unto a belief and that is any site promising any returns higher that what us obatainable in the open market  is a scam or potential scam and ever since, I have never been disappointed...

[shinratensei_]

I saw this site powerbtc.com in a PR this morning. They listed a U.S address

1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13   
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com

This site claims to allow BTC sellers to profit 10% above the current market price by reselling the Bitcoins to buyers in middle east. You simply need either a bank account, WU or Paypal. The site claims no registration is required and it is anonymous.

You simply click on let's say Paypal button, a receiving address will pop up and you need to key in your receiving Paypal address.

I have not tried this service yet.

I found one potential problem with the site:

(1) The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?

And the reason for you for never trying their service and this is it.

Powerbtc.com
What have we told you about PayPal and Bitcoin? and of course this is a scam. 9/9/16

Source:
http://www.badbitcoin.org/

and another

http://www.scamadviser.com/is-powerbtc.com-a-fake-site.html

I do not trust badbitcoins.org because they listed MiningSweden as legitimate. The last I checked, they did not list MiningSweden as a bad site despite M.S has stopped payments.

Hemmmm... seems like badbitcoin is bad from your sentences, with slowly a good site is turn up into a shady site.. but for the power btc is a real scam site

[jeffersonairplane]

It's just a scammy exchange, not even a HYIP.

[pcoin]

The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?
This your discovery alone is enough for you to know that the site is a scam and they often track your ip address that is why your btc deposit address will never be changed, definitely it is been operated by one person.

[sbtctalk]

The receiving address that was generated and presented to you to send your funds to is not unique. I looked through blockchain for that address and realised it is a recycled address. How could the site knows that you are the one who deposited the funds?
This your discovery alone is enough for you to know that the site is a scam and they often track your ip address that is why your btc deposit address will never be changed, definitely it is been operated by one person.

Interesting theory. What's the point of them tracking IP address?

[swogerino]

From the headlines it seems like another hyip ponzi scheme. But when some one mentioned that they were waiting for paypal to be paid out to them that just seems like a double fail.

[Sweetbtc]

The site is a scam. I have sent 0.05 to try them out. But it has been almost 2 days but nothing was received in my Paypal.

A simple PowerBTC review on google would have solved this. For me any flag whatsoever from any site after my review search is a no no and nothing will make me go for it.

[posternat]

From the headlines it seems like another hyip ponzi scheme. But when some one mentioned that they were waiting for paypal to be paid out to them that just seems like a double fail.

And now youve learnt something and hopefully you will apply it... All sites promising returns with the little or no risk at all have in most cases turn out to be scam...

[allankey]

The site is a scam. I have sent 0.05 to try them out. But it has been almost 2 days but nothing was received in my Paypal.

This is a good lesson learnt. I was tempted by greed. Either way, a small amount of coins lost for a lesson.

[Slow death]

this is very suspicious site

Extracted from the company's transactions history, the price for Bitcoin on PowerBTC on July 29th was USD 734, while, on the same date, Blockchain's official price was USD 660.

While the offer may appear to be a bit chaotic for the regular seller, the mechanism behind it is based not only on the company's appetite for Bitcoin purchase, but also on the outcome of the Bitcoin PowerBTC is reinvesting, together with a sophisticated calculus and certain principles common within any financial services business.


Tom Clark

Founder and CEO of PowerBTC, expressed his confidence in the fact that the new strategy, together with the investment budget approved by the Board, has made just the right marketing combination in order to overcome the entire competition on the Bitcoin exchange market.

PowerBTC LLC. is proud to offer not only very good business terms to its clients, but also excellent services and assistance throughout the entire transaction process. More information can be found on PowerBTC's official web-site: www.PowerBTC.com.

Tom Clark, the CEO of PowerBTC, commented: "We are happy that with this promotional offer we will be able to help the Bitcoin community. By riding on this next wave of digital technology, we hope to become a major leader of the Bitcoin community, and offer exceptional deals for all Bitcoin purchases. It's about staying in-step with the times, and we know that Bitcoin is a wise investment and are confident that it can take us to the top."

I saw this site powerbtc.com in a PR this morning. They listed a U.S address

1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13   
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com

[allankey]

Organisation's management and domain registrant may not be the same person, even if the organization is legit.

Just saying.

this is very suspicious site

Extracted from the company's transactions history, the price for Bitcoin on PowerBTC on July 29th was USD 734, while, on the same date, Blockchain's official price was USD 660.

While the offer may appear to be a bit chaotic for the regular seller, the mechanism behind it is based not only on the company's appetite for Bitcoin purchase, but also on the outcome of the Bitcoin PowerBTC is reinvesting, together with a sophisticated calculus and certain principles common within any financial services business.


Tom Clark

Founder and CEO of PowerBTC, expressed his confidence in the fact that the new strategy, together with the investment budget approved by the Board, has made just the right marketing combination in order to overcome the entire competition on the Bitcoin exchange market.

PowerBTC LLC. is proud to offer not only very good business terms to its clients, but also excellent services and assistance throughout the entire transaction process. More information can be found on PowerBTC's official web-site: www.PowerBTC.com.

Tom Clark, the CEO of PowerBTC, commented: "We are happy that with this promotional offer we will be able to help the Bitcoin community. By riding on this next wave of digital technology, we hope to become a major leader of the Bitcoin community, and offer exceptional deals for all Bitcoin purchases. It's about staying in-step with the times, and we know that Bitcoin is a wise investment and are confident that it can take us to the top."

I saw this site powerbtc.com in a PR this morning. They listed a U.S address

1340 Avenue Of The Americas
New York, NY 10019
USA
Phone:+1 (917) 979-2728
Fax: +1 (917) 979-2728

Domain registration info:
Registrant Name: Mike Hamble
Registrant Organization: Power BTC LLC.
Registrant Street: silmonte 13  
Registrant City: New York
Registrant State/Province: New York
Registrant Postal Code: 100016
Registrant Country: US
Registrant Phone: +1.3326168357
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: pentruvps23@gmail.com