Trying to figure out if bitpetite is real

[PalmBay]

I did some calculations around their 6 week and 9 week plans and I've been documenting my experience with them daily, I thought I'd post this here
https://medium.com/@b79768968f69/b5eb8cff8cd1

I will be posting my withdrawal txhashs and any problems I'm having with them (hopefully i won't have to do much of the later)

[J. Cooper]

I've heard about this site once before. And at first sight I feel like this is just another site that promises high interest rates, seemingly creating money out of thin air. Where is this money coming from? Promising interest rates without properly startling where the money is coming from is a big warning for me already.

[PalmBay]

Yah I was curious about how they made so much money from their tumbling service to be able to pay out a fixed rate each hour but it's working.

[Bitcoinsummoner]

The site is 1 year according to whois.. well since its investment type i can say it is not safe if you invest there and got your first withdraw i think this is tricky they are just encourage you to invest more and they will scam you in the end the same what happen to me in other investment site before that i thought are legit and i can earn much more bitcoin or ethereum..
If you already withdraw your profit and investment from them better to stop investing it again and stop investing any kind of investment type or cloud mining because you will just scam in the end..

[PalmBay]

Hmm yah, I'm giving it a try and documenting my experience for others, I still have another 8 weeks.

[AdolfinWolf]

Hmm yah, I'm giving it a try and documenting my experience for others, I still have another 8 weeks.

Just telling that with those rates, the entire "Crypto Mixing" story is total bullshit. There isn't a single mixer which will get 1% fees over their total bankroll in  a single day.

Looks like it's an obvious ponzi, but then again, according to previous poster, it seems to have been running for a year.


You're currently only 1 week in right? You bought the 9 week contract?

[Yuuto]

Just as Adolfinwolf said, Bitpetite is a full on ponzi scheme and nothing else.

It is only using the bitcoin mixing thing as a story in order to get past basic alarm bells, and make them seem like that they are a legitimate company with a legitimate purpose and business model, which they are not.

Anything invested will result in a loss in the long run, trust me.

[pixie85]

It's real, but it's a real scam.
If you don't believe me look how they are advertising. By hiding it in something that might look like an article about something else but in fact it's nothing more than advertising of their scam.
https://bittox.com/2017/10/19/bitpetite-bitcoin-tumbler-made-7637-two-weeks/

Read posts of this guy, he's trying to promote it on the forum.
https://bitcointalk.org/index.php?action=profile;u=36474

[Sweetbtc]

It's real, but it's a real scam.
If you don't believe me look how they are advertising. By hiding it in something that might look like an article about something else but in fact it's nothing more than advertising of their scam.
https://bittox.com/2017/10/19/bitpetite-bitcoin-tumbler-made-7637-two-weeks/

Read posts of this guy, he's trying to promote it on the forum.
https://bitcointalk.org/index.php?action=profile;u=36474

This is due to many scammers like many people around here trying to scam people's money. All these sites giving bad name to bitcoin .    So government come to its end of banning some ICO especially with failed platform and all such sites. Thats why most area bitcoin is still not legalized because of these scammer programs and people.

[UCHCHILD]

Yah I was curious about how they made so much money from their tumbling service to be able to pay out a fixed rate each hour but it's working.

Wow, guaranteed by newbie. Anyway do you have some screen shot if you made you money doubled by this website? Or do you own this? You just promoting it. Anyway I do not believe on that double your bitcoin because no one will gonna make people lazy for just waiting your money doubled for nothing, right? So do not fool us here.