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Author Topic: Cloud Token: a Ponzi with MLM attached.  (Read 230 times)
tmfp
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May 20, 2019, 12:03:23 PM
Last edit: May 20, 2019, 12:14:35 PM by tmfp
Merited by suchmoon (4), TalkStar (2), ICOEthics (2), nutildah (1), Coolcryptovator (1)
 #1

Very simply as the thread title says, Cloud Token has no verifiable revenue generation, relying solely on new investors money to pay out
Quote
10% to 15% monthly
thus being
Quote
an automated money making machine
aka a Ponzi pretending to use miracle arbitraging software, with affiliate recruitment thru the deep MLM structure being the lucrative angle.

Quite a straightforwardly obvious scam so I'm not going to waste my posting time or your reading time elaborating on it further here.
Read this for further information, paying particular attention to the third comment.

Quote
I can safely say that the Cloud Token “wallet” has no capability of being a crypto wallet in of itself at all.
All they did was make a mobile interface using Java, with no actual cryptographic functions at all. It is simple an interface to create an online account on Cloud Token’s private servers. Meaning, it’s just someone else’s wallet.

Extraordinary Claims require Extraordinary Evidence
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TalkStar
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May 20, 2019, 06:17:09 PM
 #2

Hopefully they will continue still that time when they will get enough new investment from new users and as a cycle they will give others returns. When incoming investment will be lower than daily payouts they will obviously shut down their project. Personally i think there is no future for this kind of MLM projects. Sooner or later they will left the market with investors fund like "Uday Nara" did the historical scam. I have enough trust on our forum investors that they will not put their money on this kind of project atleast.
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July 18, 2019, 09:19:40 PM
 #3

In fact, the Cloud Token project deserves attention (even taking into account the fact that it is most likely just a hyip project). In such projects, the most important thing is the ability to take their profits at the right time and stay in a big profit. Cloud Token according to the calculations of our investment company will work at least another 6-15% months for which you can earn well (10-15% monthly + profit from the growth of the CTO token). There is a similar plus Token project that has been running for over 1 year and is still paying out money. Therefore, who has a desire to participate in the project or learn more about it, write to me in Telegram @profitmaxe. If you want to receive 1.5 times more profit in the cloud Token project, then register with the code: 4901547258. After registration, write to us in the telegram @profitmaxe let us know that you have registered and let us know the last 4 digits of your account in the Cloud Token. Within 10 minutes you will be answered by our Manager and we will transfer you every 24 hours 50% of the referral profit to your Cloud Token wallet.
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July 18, 2019, 10:16:18 PM
 #4

In fact, the Cloud Token project deserves attention (even taking into account the fact that it is most likely just a hyip project). In such projects, the most important thing is the ability to take their profits at the right time and stay in a big profit. Cloud Token according to the calculations of our investment company will work at least another 6-15% months for which you can earn well (10-15% monthly + profit from the growth of the CTO token). There is a similar plus Token project that has been running for over 1 year and is still paying out money. Therefore, who has a desire to participate in the project or learn more about it, write to me in Telegram @profitmaxe. If you want to receive 1.5 times more profit in the cloud Token project, then register with the code: 4901547258. After registration, write to us in the telegram @profitmaxe let us know that you have registered and let us know the last 4 digits of your account in the Cloud Token. Within 10 minutes you will be answered by our Manager and we will transfer you every 24 hours 50% of the referral profit to your Cloud Token wallet.
Nooo.  Wink

You can't know how long a ponzi will exist and there's no way to "calculate" the profits by using another ponzi and compare how long it paid. If the scammers of that ponzi have made enough money, they will shut it down, no chance to make a calculation. The vast majority will lose money in ponzis.

But hey, shill your ponzi here if you think it's a good move to make profits from your referrals losses.  Tongue

And in fact, Cloud Token project deserves attention especially the scam accusation.  Smiley

Bitcoin_Makers
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July 20, 2019, 01:04:43 AM
 #5

In fact, the Cloud Token project deserves attention (even taking into account the fact that it is most likely just a hyip project). In such projects, the most important thing is the ability to take their profits at the right time and stay in a big profit. Cloud Token according to the calculations of our investment company will work at least another 6-15% months for which you can earn well (10-15% monthly + profit from the growth of the CTO token). There is a similar plus Token project that has been running for over 1 year and is still paying out money. Therefore, who has a desire to participate in the project or learn more about it, write to me in Telegram @profitmaxe. If you want to receive 1.5 times more profit in the cloud Token project, then register with the code: 4901547258. After registration, write to us in the telegram @profitmaxe let us know that you have registered and let us know the last 4 digits of your account in the Cloud Token. Within 10 minutes you will be answered by our Manager and we will transfer you every 24 hours 50% of the referral profit to your Cloud Token wallet.
Nooo.  Wink

You can't know how long a ponzi will exist and there's no way to "calculate" the profits by using another ponzi and compare how long it paid. If the scammers of that ponzi have made enough money, they will shut it down, no chance to make a calculation. The vast majority will lose money in ponzis.

But hey, shill your ponzi here if you think it's a good move to make profits from your referrals losses.  Tongue

And in fact, Cloud Token project deserves attention especially the scam accusation.  Smiley

I'm not saying that the project will work so much time 100%. The life of the project is our assumption based on previous experience, and we have a very rich experience in investing in such projects.
+ we analyze all indicators and even at the slightest doubt we tell all our partners to take their money immediately.
+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.
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July 21, 2019, 06:44:45 PM
 #6

I'm not saying that the project will work so much time 100%. The life of the project is our assumption based on previous experience, and we have a very rich experience in investing in such projects.
+ we analyze all indicators and even at the slightest doubt we tell all our partners to take their money immediately.
+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.
How would you do that to give an estimation how long a ponzi will be running? That's not possible. There might be some ponzi scammers just waiting to make a fast scam and close the platform very early and some will wait longer to get more victims when existing customers bring in referrals.

Yes, of course it's depending on how a ponzi is paying, if it's 1% daily like Bitconnect it will last longer than a ponzi paying 10% per day. And I wouldn't call it "estimation" or "analysis", rather "hyip gambling".

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July 21, 2019, 09:54:10 PM
Merited by yogg (1), TalkStar (1)
 #7

+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.

You do realize that the scammers have your "private keys" too? Why would they leave the funds there after "the project closes", AKA the exit scam?

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July 22, 2019, 04:01:24 AM
Last edit: July 22, 2019, 04:41:53 AM by TalkStar
 #8

+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.

Its nothing but a daydream to keep this kinda thoughts on our mind. All these Ponzi projects just play with investors until their promotional costs exceed their daily fund collection. Its a old trick to make investors bankrupt by offering big percentage of return in a few days. This kinda ponzi projects have already been a fatal disease in crypto world and investors are pretty much careful about these scammers. I think investors are following this slogan now "SAY NO TO PONZI AND KEEP YOUR FUND SAFER"
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