new obvious scam http://merlinsmagicbitcoins.com/

[pete008]

The 'revenue' isn't 'created' anywhere - it's all 'mined' - And all bitcoins are sent as unconditional gifts to other members...

No 'scam' at all - everyone can read the rules and then decide if they'd like to participate... or not... it's still a relatively 'free' world in some areas and people can choose to play... or not...

MEMBER GUIDELINES

1) All Members belong to a Private Members' Club and have joined of their own free will.


2) No guarantees (financial or otherwise) are given nor implied to Members when they join. Similarly, Members must not make, nor imply, any promises or guarantees to prospective new Members

FAQ's

Are There Any Money-Back Guarantees?

No. you are simply making an unconditional Gift to another individual when you join. It would be impractical to give any guarantees under these circumstances. Please do not join us if this is unacceptable to you.


It's a whole load of fun and you can make new friends all over the world and send and receive as many or as few bitcoins as you like...

[Birdy]

Double your BitCoins without ever recruiting… Recruit others and the Sky’s the Limit… This Plan is simplicity itself. It is very simple to understand and very simple to explain to others so that they will quickly and easily understand it too.

FAQ's

Are There Any Money-Back Guarantees?

No. you are simply making an unconditional Gift to another individual when you join.

SEND ME A BITCOIN AND I WILL DOUBLE IT!*


*maybe, otherwise it's a donation

The 'revenue' isn't 'created' anywhere - it's all 'mined' -

Mined, huh?
Sounds familiar, Minungunited anyone?

Stop creating new accounts to promote that crap.

[BurtW]

It is easy to call a thing a scam when it is not understood.

No, it is easy to call a thing a scam when it is painfully obvious it is a scam.

I have spent a lot of time checking this out and it is what it says it is.

Yes, it is exactly what it says it is.  The web site does not lie.  It says exactly how it "works".

There are a lot of people making good tax free income from gifting programmes and there will be from this one.

Yes, this is true of all pyramid type scams.  Those that get in first profit the most.  Those that get in at the end all lose.

The big difference with this offer is that it uses bitcoins as it's currency and that means it is safer and quicker than sending cash.

Yes, the big difference here is BTC - easy to rip people off, hard to find the people doing it, very hard to prosecute when it eventually fails, impossible to get your money back as a victim.

Please checkout mymerlinsmagicbitcoins.com and make a decision for yourself.

You invested one or more BTC and you got a domain just for this?  You are invested.

[pete008]

I thought ALL BitCoins were mined...   lol

I suggest you look up the definition of a scam and then re-read the member's guidelines...

“First they ignore you, then they ridicule you, then they fight you, and then you win.”

― Mahatma Gandhi 

[popey]

Those that get in first profit the most.  Those that get in at the end all lose.

As well as on the stock exchange or somewhere else...

[BurtW]

List of shill accounts so far:

johnmac
popey
pete008

How many will we see before this is over?

[Birdy]

Those that get in first profit the most.  Those that get in at the end all lose.

As well as on the stock exchange or somewhere else...

Also a nail and a airplane are both made of metal, same thing duh.

I will tell you the difference: a ponzi needs growth to sustain, once the growth stops it crashs.

[capoeira]

To the guys who don't know how ponzi-systems work:

Just because you recieve money it doesn't mean it's not a scam.
Many will recieve many, AS LONG AS IT GROWS...... than many more will loose money

inform yourselfs

[capoeira]

Those that get in first profit the most.  Those that get in at the end all lose.

As well as on the stock exchange or somewhere else...

Don´ t you see the diference?

[BurtW]

Those that get in first profit the most.  Those that get in at the end all lose.

As well as on the stock exchange or somewhere else...

Are you really this ignorant?  How much exactly did you invest in this?  Did you take the "fast track"?

Merlin’s Fast Track
As soon as your Membership is confirmed and verified by Merlin (step 3 above) you then introduce YOURSELF (or Members of your immediate family) 8 (eight) times. This will involve sending a further 8 BitCoin Gifts to eight different receiving members and should only be undertaken if you can easily afford to do so.

[capoeira]

Are you really this ignorant?  

He entered, so he has to keep it alive (only logic explanation. hahahha)

[ranlo]

You can report it here:
http://bitcoin-shitlist.com/

lol, I didn't know about that site. Thanks for the link! I think this could be very helpful, assuming it's all accurate.

[BurtW]

And please, you put my personal details on here? Not that I try to hide who I am but I do feel it is a bit of a crass thing to do. What did you think it would achieve?

Members Guidelines

1) All Members belong to a Private Members' Club and have joined of their own free will.

2) No guarantees (financial or otherwise) are given nor implied to Members when they join. Similarly, Members must not make, nor imply, any promises or guarantees to prospective new Members.

3) Members may only quote their own (or their Introducer's) earnings from Merlin's Magic BitCoins when talking to prospective Members. These earnings should be genuine and verifiable.

4) Members should not encourage prospective Members to take out more positions than they can comfortably afford.

5) Gifts should be sent in BitCoins directly to the designated recipient's eWallet as per Merlin's instructions.

6) Merlin verifies all gifts are confirmed on the BlockChain and then emails both the sender and the recipient to let them both know that the gift has been successfully confirmed as paid.

You posted your web site link in this thread in order to get people to sign up under your account.

I simply did a whois on your domain.  That is all public knowledge.

Please explain how Merlin himself makes money in this game given the explaination above.

I find the use of the word "earnings" in the above post to be crass.  You are not earning anything.  You are simply taking BTC from the poor suckers who will be left holding the bag when this thing fails - and I said when on purpose there.

Thanks!

[Birdy]

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money..  It doesn't feel like a scam to me, or any of my friends.

This might be good read:
https://bitcointalk.org/index.php?topic=179917.0

[ranlo]

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money..  It doesn't feel like a scam to me, or any of my friends.

Not to be rude but for someone to join the forums just 3 hours prior to making this post... it doesn't really prove much.

[BurtW]

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money..  It doesn't feel like a scam to me, or any of my friends.

Riddle me this:  How will all your friends that get nothing feel? 

[popey]

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money..  It doesn't feel like a scam to me, or any of my friends.

Not to be rude but for someone to join the forums just 3 hours prior to making this post... it doesn't really prove much.

I am registered there too and I can confirm that someone is payed out in the last 15 min because a member I recruited sent 1 gift. So it could be possible.

[ranlo]

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money..  It doesn't feel like a scam to me, or any of my friends.

Not to be rude but for someone to join the forums just 3 hours prior to making this post... it doesn't really prove much.

I am registered there too and I can confirm that someone is payed out in the last 15 min because a member I recruited sent 1 gift. So it could be possible.

This all sounds like a pyramid scheme though, where those who get in on the beginning win and those who don't lose. In other words, for all intents and purposes it's a horrible investment.

[Birdy]

Every coin you receive is one later members will lose (probably even more, because the site owner will cash some, too).

[popey]

why is it a horrible investment if we starts at the beginning? so all who are starts now will win