new obvious scam http://merlinsmagicbitcoins.com/

[popey]

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

yes because he is playing that game too and was one of the first.

[markeysss]

BTC sweeeet!!!!

[Birdy]

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

And you want me and other forum members to hold the losing stick for you, no thanks.

[ranlo]

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

Well, for me it's because of the morality standpoint. Essentially what you're getting involved with is a scam.

[BurtW]

I found this interesting:

For those who want to take physical delivery of real genuine metal BitCoins you can order them directly from: hardbtc.org. Exclusive Merlin's BitCoin offer - 10% discount valid until May 31st using discount code: ETHOS10%.

For future reference, for all of you suckers who do lose your "investment", you might contact this guy:

Domain ID:D167285335-LROR
Domain Name:HARDBTC.ORG
Created On:06-Dec-2012 09:38:18 UTC
Last Updated On:10-May-2013 09:15:06 UTC
Expiration Date:06-Dec-2014 09:38:18 UTC
Sponsoring Registrar:eNom, Inc. (R39-LROR)
Status:CLIENT TRANSFER PROHIBITED
Registrant ID:9074b31cd7264132
Registrant Name:David Bailey
Registrant Organization:HardBTC Ltd
Registrant Street1:Office 144
Registrant Street2:235 Earl's Court Rd
Registrant Street3:
Registrant City:London
Registrant State/Province:GB
Registrant Postal Code:SW5 9FE
Registrant Country:GB
Registrant Phone:+44.442087428881
Registrant Phone Ext.:
Registrant FAX:+44.442087428881
Registrant FAX Ext.:
Registrant Email:enquiry@HardBTC.org

to see what he knows about his affiliate Merlin.

[markeysss]

BTC sweeeet!!!!

Just a sweet waste of time and BTC 

[BurtW]

Check out my new signature.  Thanks Ben for the quote!

[ranlo]

Check out my new signature.  Thanks Ben for the quote!

lol, I love it! I can't believe anyone can think that a pyramid scheme *isn't* a scam.

[crazynoggin]

It is as much of a scam as those grenade/hot potato games. If people want to risk their earned bitcoins in hope of someone else coming along after you and doing the same, then let them. Most people are smart and don't start doing this sort of thing though. Go ahead and join if you want to join a ponzi scheme.

[BurtW]

I do want to bring up one more point/question before I go, directed right at those that are investing now, making money, and signing up others:

Try to imagine how you are going to feel when this thing goes south and many of those that you signed up all lose everything they have "invested".

Are you going to give back the BTC you "earned" from all these suckers?

I will give this scheme props for one thing:  they are honest!  They tell you up front this is a pyramid/ponzi scheme and that many of you are going to lose everything.  So "Honest Scammers with Passion" ?

If you can still participate knowing full well this is a pyramid/ponzi scheme and all the "investors" that arrive too late to the party will lose everything then no one can stop you.

[ranlo]

It is as much of a scam as those grenade/hot potato games. If people want to risk their earned bitcoins in hope of someone else coming along after you and doing the same, then let them. Most people are smart and don't start doing this sort of thing though. Go ahead and join if you want to join a ponzi scheme.

I guess this is true, to an extent. I'm also against those hot potato games so... meh.

[BurtW]

Posted for cross reference:  

https://bitcointalk.org/index.php?topic=207716.0

(includes opinions of established members of this forum)

[capoeira]

Posted for cross reference:  

https://bitcointalk.org/index.php?topic=207716.0

(includes opinions of established members of this forum)

look, how I asked for someone to post it in the real forum in April allready. Noone did it, and probably some money could have been saved

[BurtW]

Posted for cross reference:  

https://bitcointalk.org/index.php?topic=207716.0

(includes opinions of established members of this forum)

look, how I asked for someone to post it in the real forum in April allready. Noone did it, and probably some money could have been saved

Yes, you are the man.  I missed this thread way back then.  Sorry about that.  So many scams/threads, so little time.

[capoeira]

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.

This is not a pyramid as it has no levels. Why is it that when people don't understand something that they always assume it is a pyramid.
What were people saying about bitcoins when they first came into existence? (It must be some sort of scam.... it will never last..... etc).
Come on guys wake up. If you don't want in I don't care. If you do want in I will care.

ok. your right

it's actually a Ponzi-Scheme

[BurtW]

This is not a pyramid as it has no levels. Why is it that when people don't understand something that they always assume it is a pyramid.
What were people saying about bitcoins when they first came into existence? (It must be some sort of scam.... it will never last..... etc).
Come on guys wake up. If you don't want in I don't care. If you do want in I will care.

Do all your earnings/revenue/winnings come from other people joining the system:  YES OR NO.

[Invoker]

  Thanks for letting us know!

[capoeira]

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.

This is not a pyramid as it has no levels. Why is it that when people don't understand something that they always assume it is a pyramid.
What were people saying about bitcoins when they first came into existence? (It must be some sort of scam.... it will never last..... etc).
Come on guys wake up. If you don't want in I don't care. If you do want in I will care.

ok. your right

it's actually a Ponzi-Scheme

OK what is a Ponzi scheme?

This is a gifting scheme. Is that so hard for you to understand?

call it wjat you want...it works like a ponzi-scheme (wiki has a good explanation)

you don't say on your page that this "gifting-scheme" will colaps when it stops growing exponantionally. so it's a scam

[amunrara]

Scam

[BurtW]

How about you send me a 1 BTC gift and I may or may not send it back to you.  Deal?

1BurtWEejbnKeBRsvcydJvsNztB1bXV5iQ

Thanks for playing!