Beware jet-coin.com - scam do not fall for it

[sourcingbits]

So a little while ago a buddy of mine came to me and told me that I needed to look at this site and that I should invest in it.  He mentioned that it was a Bitcoin site where you can put in a bit coin and they pay you back your money (bitcoin) each day.  I had been out of the coin mining for a while and thought well I still have some bitcoin left in my wallet so why not.  Heck he even started my account with his coin.  He invested .1  bitcoin to start my account and I was off.  I never really tried to get anyone under me but there were many in his group.  A Few even said that they were getting payouts of up to 2BTC per week.  I even saw his transfers as proof.  So what do I do?  I invest my own BTC into it and even pay to get more to start an account for my wife.  Suffice to say that literally 5 days after we create that account the site shuts down and no payments are made. and they start advertising a new version 2.0 of Jet-coin.com.  I lost enough but not as much as the y guy who brought me in. 

Payouts for my leg ended on 6/21/2017.  they may be active for others but will get shut down once they hit a P/L that is in their favor. 

It is so funny because each week now there is a new message.  This weeks is the following

"Hello JetCoin Members,
 
We have some EXCITING NEWS to share today!! Please make sure to read the entire message.
 
If you logged into your account two days ago you probably noticed that your group volume was gone. You could still see your binary tree and people in your downline, but the volume was gone. We had let everyone know this would be the case, however it was discouraging once people actually saw it.
 
We made a decision as a company to add your volume back!! If you login to your back office now you will see the volume on the left and the right side of your business if you had any before the launch of JetCoin 2.0. Currently you cannot see the volume of those under you, but we will get this fixed.
 
This is very exciting news, but we want to make sure we are completely clear and you understand what this means! Binary commissions will only be paid off of sales after the launch of JetCoin 2.0. This means that if you have one side of your binary with a lot of volume, you can begin to earn commissions by building your business on the other side. Your previous volume is all there, but commissions will only be generated on new sales that come into your group volume.
 
In addition, the qualification for daily pay began when we launched JetCoin 2.0. Everyone must qualify with personal volume in order to qualify for the daily pay!
 
As you can see we definitely care about our members, and look forward to helping you double and even triple your BitCoin as many times as you want!
 
Now is the time to get out there and start sharing the JetCoin business with others, so you can get qualified for Daily Pay as soon as possible, and start having those binary commissions fill up your wallet!
 
Sincerely,
 
JetCoin Managment"


There are plenty of other sites just like this I know that now.  PLEASE DO NOT BE LIKE ME.  Buy coin at a Legit exchange, Check Bitcoin talk first before investing in anything.  Do not trust your friends even if they start the account.  LOL

I hope that I have put enough in here to keep others away. If not ask me anything unless you want to call me a fool but please don't its bad enough I list what I did.

Thanks all

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[trecore4]

Of course I will always check the forum listing first before investing into any coins at all. I will first of check the ANN section for its listing and then will also read the comments by legendary members first as they are keen in choosing the coins in which they invest the money. This makes half of the way clear while investing money into any coin. Rest can be made assured by checking the ICO white paper and pre ICO sale and the funds raised.


Never heard the jet-coin really. You should have checked it before you invested money into it in the first place. But as yo have learned the lesson now it is worth it. Good luck for getting your investment back and be cautious for next investment. :-)

[jhenfelipe]

~snipped
There are plenty of other sites just like this I know that now.  PLEASE DO NOT BE LIKE ME.  Buy coin at a Legit exchange, Check Bitcoin talk first before investing in anything.  Do not trust your friends even if they start the account.  LOL

I hope that I have put enough in here to keep others away. If not ask me anything unless you want to call me a fool but please don't its bad enough I list what I did.

Thanks all

LOL, kidding aside, it's not okay to say don't trust your friend, they might missed doing research. Just if ever anyone share some site to you like this one, let them prove to you how trustworthy the site is and do your own research too. That way not only you could avoid it, but also you can save your friend from being scammed. Always check for reviews before making this kind of decision in the future and do not trust to good to be true offers.

[kylieT]

Of course I will always check the forum listing first before investing into any coins at all. I will first of check the ANN section for its listing and then will also read the comments by legendary members first as they are keen in choosing the coins in which they invest the money. This makes half of the way clear while investing money into any coin. Rest can be made assured by checking the ICO white paper and pre ICO sale and the funds raised.


Never heard the jet-coin really. You should have checked it before you invested money into it in the first place. But as yo have learned the lesson now it is worth it. Good luck for getting your investment back and be cautious for next investment. :-)

jet-coin.com was not an alt coin or whatsoever. It was just a HYIP scam site. They recruited over 19000 people in 3 weeks and simply walked away with all the BTC they got. Smallest package you can STILL buy is 0.1 BTC, but now the site has a different name. Do the math how much money the ripped off.

[warningsigns]

This is a scam. Pure unadulterated scam.

This is very exciting news, but we want to make sure we are completely clear and you understand what this means!

Of course there are always ifs and buts. It's the confusing fine print and the endless talk about exciting plans ahead which they use to cheat you while making sure they don't scare the living daylights out of you.

As you can see we definitely care about our members, and look forward to helping you double and even triple your BitCoin as many times as you want!

That line stinks worse than fermented cat pee. If they could double yours, why can't they double theirs... and keep doubling or tripling their own. These false assurances are as evil as a politician's promises. They always have an ulterior motive.

[magneto]

This is an obvious ponzi scheme for anyone that has a brain. Jet-coin has not even made an effort to conceal this fact. It tells you about the "my digital btc" which has nothing to deal with anything at all, and then it starts promising you an unlimited amount of bitcoins daily.

This should be the first warning sign already, as it is common knowledge that there is only ever going to be a finite amount of bitcoins. Bitcoins can't be just created out of thin air the same way that fiat can.

Anyways, this Jetcoin 2.0 thing likely has nothing to do with them "caring about their customers" at all. It's just to scam more money out of stupid investors.

[Kemarit]

Thank you for letting us know your experienced about jetcoin but I have to say that this is a old style to scam people of their bitcoin. I must admit I have been a victim of such Ponzi and HYIP at the beginning of my bitcoin journey and its really a hard lesson to learned. That's why we have been posting warning here in the forum not to invest in such scam. Of course they will pay you initially to think that they are legit but after a few weeks they will just ran off with your hard earn bitcoin. For sure another site will be opening soon to attract so again people who are unaware but I'm sure you wouldn't invest on such website again because of this. I hope you learned your lessons just like me before not to invest on such Ponzi or HYIP scam.