What's happening to bitcoin ?

[clickerz]

i am not sure but truth is, 90% of the cloud mining site is scam, but i am not sure about genesis mining, can anyone clarify on this?

That site seems to have the largest user base who uses it

I believe you, and I was once a vixtim of it too. Cloud mining slowly gone out of the scene after the halving. There are amany people who did not recover from their invesntment and the site owner is nowhere to be found.

[rajasumi2]

yeah cloud mining websites are becoming scams nowadays .actually they dont have the good equipments to do the mining .and they are taking a lot of transaction fees which is not at all fair ..hope u understand that investing in cloud mining is not all good and its just a waste of money..kudoos

[danherbias07]

Not after halving. It was way back before even bitcoin existed. They do it with USD and when bitcoin came they got a better opportunity to not be traced or somehow get a bigger amount to rob people.

[Mastsetad]

Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?   

Unfortunately, there aren't much around these days, because bitcoin has spread all over the internet and it probably reached to evil communities too, so they would not control themselves but do every way possible of earning bitcoins by scamming people and many other ways.

[Doamader]

Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?   

Sure there is legit projects to invest, like some casinos bankroll, or others games, since looks like you like to gamble your money, several time ago the cloud mining has already been exposed as huge hyip, and ponzi scheme, soo when you invest into such you know you wont roi, and you will loose, soo avoid them before or search about them.

[Selly Arumsari]

Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?   

Saying they turn into a scam is wrong because they start as a scam since day #1 , most of them don't even have mining equipment even If they tell you otherwise. If you really want to invest then stick to trading or even better ... HODL your coins for long term.

yes , you all right . trading and event very better ..

[Pearls Before Swine]

Ponzis, all of them.  It blows my mind that they still exist in this age of transparency,  but they do.  If you want to mine, do it.  But cloud mining scemes are total scams and there are much better ways to make money.

[ipanks]

i am not sure but truth is, 90% of the cloud mining site is scam, but i am not sure about genesis mining, can anyone clarify on this?

That site seems to have the largest user base who uses it

I believe you, and I was once a vixtim of it too. Cloud mining slowly gone out of the scene after the halving. There are amany people who did not recover from their invesntment and the site owner is nowhere to be found.

now its not good for mining bitcoin again because many cloud mining itself become scam and we should not to invest with them. i think its better for us to save our bitcoin in our wallet, and only choose the best and recommended investment that has been proven by many people.

[Xester]

Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?    

As far as I know cloud mining has always been a scam, the only difference was when they stop paying you: after they give you 60% of your investment or sooner. So the halving has nothing to do with it.

Now a days, you really cannot trust any investment site most especially cloud mining. Aside from the return of investment was too slow you are not sure if how many days will run before they turned out into a scam. I had learned my lesson since hash ocean turned to scam. I dont even get a single cents of my investment in hash ocean, same with the other cloud mining. Mow bitcoins are the source of scammer to earn.

[GregH37]

i am not sure but truth is, 90% of the cloud mining site is scam, but i am not sure about genesis mining, can anyone clarify on this?

That site seems to have the largest user base who uses it

I believe you, and I was once a vixtim of it too. Cloud mining slowly gone out of the scene after the halving. There are amany people who did not recover from their invesntment and the site owner is nowhere to be found.

now its not good for mining bitcoin again because many cloud mining itself become scam and we should not to invest with them. i think its better for us to save our bitcoin in our wallet, and only choose the best and recommended investment that has been proven by many people.

There are so many other ways where you can invest your bitcoin and can get some good profit, for example you can invest your bitcoins in alt coins for this youe need some good knowledge about the alt in which you are going to invest your money, you can also invest your money in gambling.

[Adbitco]

After having seen so many so-called cloud mining sites which went scam we don't need to ask why and we don't need to invest in them? Just like some of the members already posted in this thread they were scam from day one from the day they came into existence. Beware of such so-called cloud mining scam thing.

[passwordnow]

After having seen so many so-called cloud mining sites which went scam we don't need to ask why and we don't need to invest in them? Just like some of the members already posted in this thread they were scam from day one from the day they came into existence. Beware of such so-called cloud mining scam thing.

That is because they are greedy and out of their wanting to get some good profit in bitcoins. They think that it will give them good profit upon trusting those scam cloud mining sites. So, I say that this teaches us lesson from being scammed by this scheme and we won't become a victim again for this investment in the future.

[PhilPrime]

Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?   

Saying they turn into a scam is wrong because they start as a scam since day #1 , most of them don't even have mining equipment even If they tell you otherwise. If you really want to invest then stick to trading or even better ... HODL your coins for long term.

I already read before that its been really scam befre thats why I dont do mining also because there i only a small amount of btc that can ear in mining 

[dearbesz1219]

Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?   

Saying they turn into a scam is wrong because they start as a scam since day #1 , most of them don't even have mining equipment even If they tell you otherwise. If you really want to invest then stick to trading or even better ... HODL your coins for long term.

Your right. I guess investing to a program that will be there for a long run is the way to go , maybe i'll try blogging or anything as long as its legimate.

I also do agreed with you, I do believe that there is still legitimate cloud mining at the present time now, though the saddest part is majority of them are running away the money of the investors who get interest to invest to their sites.

[bohr]

Cloud mining sites are nothing but HYIP or ponzi schemes and no one should lose a single moment even thinking about investing in them, find real investment opportunities like bankroll casinos.

[michellee]

Cloud mining sites are nothing but HYIP or ponzi schemes and no one should lose a single moment even thinking about investing in them, find real investment opportunities like bankroll casinos.

its a good idea to make investment ini bankroll casinos but before we do it, we should make research first and then we can select only the best casinos with good profit return otherwise our money can not be back if the investment is ended.

[outatime1]

I've heard a lot of negative things about cloud mining. It seems more risky than putting bitcoins on an exchange.

[delliaerd]

Because the price of bitcoin now is increasing rapidly so those people who are investing in cloud mining sites thinking that they are able to get some profit if they will invest earlier. So, the owners of cloud mining sites now are being wise enough that many are thinking they will let you get some profit of course no, they will just scam all of us. So stop investing to this crap.

Investing bitcoin is so profitable when the price of bitcoin is growing up, even though so many scammers from investment site.
But if you do it with correctly way you will get real profit. You must make sure the strategy that you will do. First, make sure the site is legit and really will pay you.
Overall bitcoin is good currency that can give the user profit.

[saiha]

I've heard a lot of negative things about cloud mining. It seems more risky than putting bitcoins on an exchange.

And it is not just an hearsay because what you have heard are fact about cloud mining. Many got victimized that and I guess most of them are newbies.

Because those people who are becoming victims of it doesn't know the true nature of a cloud mining company and not doing some background researching.

Whether it is cloud mining or HYIP don't let your bitcoins wasted from depositing to them.

[energycr]

Try enerycoin it is going to be the next best thing.
It will conserve your blocks and not waste confirmations like what happened 48 hours ago.