Is this a Ponzi Scheme?

[revolver007]

Hi I found someone promoting this on facebook, it looks to good to be true.. what are you thoughts?
I joined quickly but when I saw that I need to invest in it , I am a bit skeptical

http://howtoearnbitcoins.net

[Chef Ramsay]

No

[cpfreeplz]

If you have to ask if it's a ponzi then it's a ponzi. Or a HYIP. Either way just don't invest any money unless you're 99.99% sure you're ok with losing it. Also I get an error when trying to go to that URL.

[chaser15]

- DOUBLE YOUR BITCOIN IN 14 DAYS OR LESS

- 100% PASSIVE INCOME

- EARN 0.3% EVERY HOUR = 7.2% DAILY.

These are the common introduction of a HYIP scheme. I can't see how it become looks good. 100% yes it's a Ponzi. Better lock this thread now as it was already answered.

STAY AWAY FROM THAT SITE!

[Hambahaldjas]

Something doesn't add up...

He said he sent 0.5 BTC and that time hes video showed he deposited "May 21|19:22" and he received hes first withdrawal "May 22|00:21" BUT hes "btc.com" website shows he received that 0.006 BTC "2017-05-21(yyyy/mm/dd)|20:22(hh/mm)

Instead he should have had May 22|00:21 on "btc.com" website but he doesn't. Instead it's similar to hes video computer time so I think he sent that transaction to himself JUST 30minutes before he made that video.

[frischtot]

This is 100% scam, and this sort of ponzi schemes has become very popular lately.

A few people I know who used to do retarded DSD seminars where they would teach people their "secrets" for making money on ebay recently did one of those too. They made a website just like this and claimed that they can bring you daily increase of your investment by 3-5%. They lured people in helped by the insane pump BTC had lately. Question was if I invest in BTC through their platform, how would I make profits if BTC price starts dropping. Answer was, by referral fees from people you've invited They did an exit scam just the other day, shut their platform's website down and left with people's money, and these guys here will probably do something similar eventually.

But just look at it. If it's all in caps lock, it's most likely a scam. Even their web page is lazy crap and most likely cloned from something.

[squatz1]

In all honesty, anything that is advertising in such a manner is totally going to be a Ponzi of some sort. I'd completely ignore something like this as they seem to be helping to advertise for another Ponzi, which looks to be - https://bitcoinsbrain.com/.

I would avoid these two sites at all costs as anything promising a certain amount of return per month is something that you should go away from. No one is going to take your money and make money out of it when they could just have the chance to run off with it - it's real simple actually when it comes to cryptos.

So, just stick to things that actually work such as buying and selling and such, that never fails.

[European Central Bank]

when it comes to bitcoin, i find there's an inverse rule to that one about newspaper headlines with a question always ending with a no.

if you have ask it, it's a yes.

[hatshepsut93]

Hi I found someone promoting this on facebook, it looks to good to be true.. what are you thoughts?
I joined quickly but when I saw that I need to invest in it , I am a bit skeptical

http://howtoearnbitcoins.net

No legitimate business would ever say any of that "double your Bitcoins in X days", "get X% return in a week", or other bullshit. Also, they don't promote themselves in social media. If it aggressively lures people into sending their bitcoins, than it's a scam.
Real investments won't guarantee you anything, they will tell you upfront that you are taking risk and might lose some or all of your investment, and in exchange for your risk you will be rewarded with some share of your profit. Example - casino bankroll investments.

[Juggy777]

Hi I found someone promoting this on facebook, it looks to good to be true.. what are you thoughts?
I joined quickly but when I saw that I need to invest in it , I am a bit skeptical

http://howtoearnbitcoins.net

Definitely a scam. These scams are normally there during normal days, but during price hikes they shoot up. Ask yourself simple question is there any way to double the coins? Yes there is you steal other people coins other wise no instant scheme. Would refrain you to stay away from such schemes. Best is you point it out on Fb where you saw, it's a one big scam and help people not to fall for this.

- DOUBLE YOUR BITCOIN IN 14 DAYS OR LESS

- 100% PASSIVE INCOME

- EARN 0.3% EVERY HOUR = 7.2% DAILY.

These are the common introduction of a HYIP scheme. I can't see how it become looks good. 100% yes it's a Ponzi. Better lock this thread now as it was already answered.

STAY AWAY FROM THAT SITE!

Perfectly summed up, hope op will understand and not fall for this.

[revolver007]

Alright thank you all for inputs, I will stay away from this now

[XbladeX]

Hi I found someone promoting this on facebook, it looks to good to be true.. what are you thoughts?
I joined quickly but when I saw that I need to invest in it , I am a bit skeptical

http://howtoearnbitcoins.net

such stuff are always ponzi:
Earn 0.3% Every Hour = 7.2% Daily.

HAHAHA if some one belive in that he is complete moron : )...
but to be fair this is the same like investing in shitcoins ( Doge - i like it but... )
you are exposed to big risk : ) you pay now 80sat hoping that someone will buy your coin

[boranes]

Hi I found someone promoting this on facebook, it looks to good to be true.. what are you thoughts?
I joined quickly but when I saw that I need to invest in it , I am a bit skeptical

If it looks too good to be truth than it probably is.
After i looked at "double your bit.." i stopped reading this shit and closed site. It is scam for sure!

[2double0]

If it's that easy to earn 7.2% daily through this, what the hell are we doing here trading and gambling as well as talking about bitcoins, huh? /sarcasm
Move on to something that's actually there to pay or hold your coins with yourself because the premium prices that you are seeing will only give you better %s than going for these hyips.

[pixie85]

Read their terms of agreement:

BitcoinsBrain.com represents a speculative investment and involves a high degree of risk.

BitcoinsBrain.com reserves the right to terminate without prior notification and at its own discretion the rights to use interactive services on the website

I haven't used the site but this looks fishy. They are openly saying that you can lose your money and that they can close your account whenever they like and you're agreeing to this!

[BigBall]

Just  leave that ponzi site and never anymore try to waste your time on scams like that.Try better to do something else like trading with cryptocurrencies or investing in dice house edge.

[DomainReseller]

First of all, if this was a publicity stunt, then it's a good one, no one can predict if this is a form of promotion of the site, but it will get it allot of visitors and the mods can't consider it as spam because it's actually a discussion rather than promotion .

Yes, by what is written in the first page, it's a ponzi (Referrer to Wikipedia for what exactly a ponzi is).
*Autopilot profit with a high return percentage
*require some investment
*Short duration

For it to NOT be a ponzi, they need to show how exactly will they generate the profit, otherwise they will just use the new money to pay the older investors until no new investors come and the website will close then.

[Buerra]

I am afraid answer is yes.

[Slow death]

Alright thank you all for inputs, I will stay away from this now

You've moved away from this site, but you're still investing in ponzi sites.

Well, I think you need to look at the ponzi sites with other eyes.

Say you invest in a ponzi site, you invested in the ponzi site and 4 days later you received the double of your deposit. Wow, you made a big profit... you must be thinking that you did not hurt anyone... but you indirectly hurt someone.

In the ponzi sites for you to be paid someone must be robbed...

[8xbt.com]

If it's that easy to earn 7.2% daily through this, what the hell are we doing here trading and gambling as well as talking about bitcoins, huh? /sarcasm
Move on to something that's actually there to pay or hold your coins with yourself because the premium prices that you are seeing will only give you better %s than going for these hyips.

I like your reasoning.