cashdeposit.biz Reviews: SCAM or LEGIT?

[mitch1212]

Launched Date: 19- 09-18

Investment plan: 500% after 1 day,1200% after 10Hours, 6000% For 5 Hours, 90000% after 3 days

Principal included : Yes

Minimum Deposit :$40

Minimum Withdrawal : As plan.

Methods of payment : Bitcoin, PM, payeer, ETH, Litecoin and bitcoin cash
Referral commission: 3%

Invest what you can afford to loose
 
Personal Experience:
I signed up for the 1 day plan - Deposited $40.05
Today I checked and sure enough, my balance was $245

I requested a withdrawal, BTC, to my address amount $245. So We will see I guess... Red flags obviously, but anyone have anything to add? Experience? Thoughts?

[bitfocus]

PLAN 1 - 500% AFTER 1 DAY and PLAN 5 90000% AFTER 3 DAYS!!! - obvious scam!

[bL4nkcode]

Well, good luck since you knew already the red flags out there.  If you're one of the first people who deposit then I guess there will be a payout. But 98% of the people who played with an HYIP like that can't withdraw their so called earnings. People should be aware the cons of using them as means profit and should stay away instead.

[mitch1212]

Well, good luck since you knew already the red flags out there.  If you're one of the first people who deposit then I guess there will be a payout. But 98% of the people who played with an HYIP like that can't withdraw their so called earnings. People should be aware the cons of using them as means profit and should stay away instead.

My thoughts exactly.... I threw 40 bucks just on a whim and curiosity. Thanks for advice

I noticed your Bustadice signature -- Have you ever tried the "Invest" options and become part of the house commissions? I have had a lot of pleasant success with investing in crypto games and yolo.
Curious if you have thoughts on Busta

[bL4nkcode]

I noticed your Bustadice signature -- Have you ever tried the "Invest" options and become part of the house commissions? I have had a lot of pleasant success with investing in crypto games and yolo.
Curious if you have thoughts on Busta

That's what I'm thinking as well, but I never seen any brief information about the investment details/stat about busta here.

Though I have coins invested in crypto-games as well for just months and never tried busta yet. I wish someone will linked those info here.

Anyway, you try to view the announcement thread https://bitcointalk.org/index.php?topic=2219681.0 there's a discussion/questions there, I just saw it.

[Potato Chips]

Its a ponzi so there's no way it would be legit but yes they could pay at first to bring in more customers. Just take note that its all just chances, no guarantees. You don't know if they'd reached their quota yet or if you're still in the "first batch". Basically a dangerous way to play with your money.

Look at these:

• sketchy-looking domain name
• Newly registered and anonymous site (whois)
• extremely high ROI (too good to be true)
• no info about on how are they going to raise the money

If ever you get your money out, don't reinvest again.

[leowonderful]

In general, anything online that promises a set rate of return or one that’s extremely high is a sign that you should stay away, or that there’s more to the service than what appears on the surface. If something seems too good to be true, it is. Anyone can pretend to make a service that pays back ridiculous amounts of money online, so you can never be too cautious.

[Slow death]

but anyone have anything to add?

Cashdeposit.biz Review: SCAM WARNING! Hyip Scam Check And Review - HYIP Alert

HYIP PAYMENT STATUS: NOT PAYING [SCAM PROGRAM]

I can't withdraw my money from cashdeposit.biz for the past three days now still pending and l have been contacting them but no even single reply from them

https://hyip-zanoza.me/en/program/cashdeposit.biz ( NOT PAYING )

https://investors-protect.com/hyip/cashdeposit.biz ( NOT PAYING )

You already lost that money.

[timerland]

Launched Date: 19- 09-18

Investment plan: 500% after 1 day,1200% after 10Hours, 6000% For 5 Hours, 90000% after 3 days

Principal included : Yes

Minimum Deposit :$40

Minimum Withdrawal : As plan.

Methods of payment : Bitcoin, PM, payeer, ETH, Litecoin and bitcoin cash
Referral commission: 3%

Invest what you can afford to loose
 
Personal Experience:
I signed up for the 1 day plan - Deposited $40.05
Today I checked and sure enough, my balance was $245

I requested a withdrawal, BTC, to my address amount $245. So We will see I guess... Red flags obviously, but anyone have anything to add? Experience? Thoughts?

Do you think that this rate of return is indicative of a legitimate investment platform at all?

It's the most obvious HYIP ponzi that you can find, in my opinion. The structure with the plans, the high rate of return on an hourly basis, etc. If they were really making this much money, surely they would not offer it to the public but rather, take out loans to finance their operations.

Use your common sense here. All schemes that provide guaranteed ROI of more than 10% APR I'd be extremely cautious of. But anything more than 20% APR I'd label them as a scam/ponzi straightaway.

It's quite common for newbies to believe in these scams, though. But in future, look for any signs of actual business model, and don't invest your coins lightly.