[SCAM] Linetrick.club - Ponzi scheme

[tvplus006]

What happened: Ponzi scheme

1000% PROFIT IF THERE ARE FOOLS WHO INVEST THEIR MONEY AFTER YOU

Flag type 1 (support/oppose): https://bitcointalk.org/index.php?action=trust;flag=2654

Thread Link: https://bitcointalk.org/index.php?topic=5321174.0
Archived: https://archive.is/2wSLh
Scammer Profile Link: https://bitcointalk.org/index.php?action=profile;u=3169509
Website: https://linetrick.club/
Archived: https://archive.is/XKMzN

Domain Name: linetrick.club
Registry Domain ID: DBEB1BFCA73F34ED7889E26D4BD5907EB-NSR
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2021-02-28T13:29:38Z
Creation Date: 2021-02-23T13:29:33Z
Registry Expiry Date: 2022-02-23T13:29:33Z

[TheUltraElite]

Accused is posting in the Russian sections and I hope some of the DT users there will be able to recognize it as a ponzi scheme and support the flag.

The website design is pretty good which will be enough to fool a enthusiastic newbie who has entered the market. Also their method of trying to make the system look legitimate by showing the Spreadsheet in which your ID is put in a cell is also a nice bamboozling trick.

Pretty sure if you keep track of this user in telegram, their ID will change soon or end up in a "Deleted Account".

Flag supported from my end.

[Dragon_King]

Hello. why you said about website - which i create - so this is scammer. Are you shure? Im not making financial transactions now. If you think its not legal - i dont know. But what i shuld make legal? Cryptocurrency transactions? Money dont have a moral, and this system is one of wariant which can realy work. I think this system can work - because its not selling drugs or something bad. Its just wariant which can help people make some money, make more opportunity. Its just start and later i whant to change some rules of system but not now. For now i collecting people and whant make community in this system. I make all annonymously because i dont know if that legal or not.
Before writing something bad - try to understand how it works.
Let's say invested 1, 2, 3 ... one dollar each.  Total $ 3.  They are given to participant 1. We are waiting for payments 4,5,6, in order to give the participant 2 - 3 $, then we wait for payments 7,8,9 to give money to the participant number 3, then 10,11,12 to give the participant number 4  and so on in order ad infinitum.
All settlements and transfers are carried out in a crypt to ensure the anonymity of the recipient and the sender.  There is no lottery and no luck, but just a transfer of money.  Relatively speaking, I called the example that I gave you a stack with the amount of $ 1, where you can buy cells, as many cells as you like. My interest is a commission from payments, yours is naturally profit without labor costs. And its not a Ponzi scheme.  
 All settlements and transfers are carried out in a crypt to ensure the anonymity of the recipient and the sender.  There is no lottery and no luck, but just a transfer of money.  Relatively speaking, I called the example that I gave you a stack with the amount of $ 1, where you can buy cells, as many cells as you like. My interest is a commission from payments, yours is naturally profit without labor costs.

[Kittygalore]

Let's say invested 1, 2, 3 ... one dollar each.  Total $ 3.  They are given to participant 1. We are waiting for payments 4,5,6, in order to give the participant 2 - 3 $, then we wait for payments 7,8,9 to give money to the participant number 3, then 10,11,12 to give the participant number 4  and so on in order ad infinitum.

You just explained how Ponzi scheme works. If it was your business model, then you are definitely doing a Ponzi scheme, no matter how you twist the model, it will always be the same. If any newbies were to fall for this scam, I don't know what to say but you deserved it because no one on their right mind is going to give you tenfold of the amount when you invested in them in such a short amount of time, the biggest return percentage that I can think of and that is legitimate is around 5% to 6%.

[Dragon_King]

Regardless of the technology used in the Ponzi scheme, most share similar characteristics:

1. A guaranteed promise of high returns with little risk (Why not - i have some risks. Its people who whants return money before end a cyrcle - but not big because - someone can redeem a cell if - i wrote about it. Another risk its people like you - who whant to say so i am a scammer and people who read it think the same without understanding. Second is a goverment - who doesnt care for people)
2. A consistent flow of returns regardless of market conditions (Yes because its line system whithout recurcive, it means one kind of stack (1$ exaple ) for all - line system )
3. Investments that have not been registered with the Securities and Exchange Commission (SEC) (Yes because all payments in cryptocurrency anonymously)
4. Investment strategies that are secret or described as too complex to explain (its not a secret because i wrote where i get money and that is financial pyramid)
5. Clients not allowed to view official paperwork for their investment (i showed all financial payments and all payments everyone can see in sheet, besides all conversations will be see in community, thats why i whant to collect it, and and people saw all how system work)
6. Clients facing difficulties removing their money (in my system people allways receive money when stack of 10 people fool. I newer says about time - how long time need to fool stack)
My system is better and if you stay think another - ok.

[tvplus006]

Let's say invested 1, 2, 3 ... one dollar each.  Total $ 3.  They are given to participant 1. We are waiting for payments 4,5,6, in order to give the participant 2 - 3 $, then we wait for payments 7,8,9 to give money to the participant number 3, then 10,11,12 to give the participant number 4  and so on in order ad infinitum.

You just explained how Ponzi scheme works. If it was your business model, then you are definitely doing a Ponzi scheme, no matter how you twist the model, it will always be the same. If any newbies were to fall for this scam, I don't know what to say but you deserved it because no one on their right mind is going to give you tenfold of the amount when you invested in them in such a short amount of time, the biggest return percentage that I can think of and that is legitimate is around 5% to 6%.

This is really a classic example of a ponzi scheme, where payments to the first participants are made from the money of those who joined later. And when new participants stop registering and investing their money, this scheme collapses, as there is no money to pay out.

[Dragon_King]

Let's say invested 1, 2, 3 ... one dollar each.  Total $ 3.  They are given to participant 1. We are waiting for payments 4,5,6, in order to give the participant 2 - 3 $, then we wait for payments 7,8,9 to give money to the participant number 3, then 10,11,12 to give the participant number 4  and so on in order ad infinitum.

You just explained how Ponzi scheme works. If it was your business model, then you are definitely doing a Ponzi scheme, no matter how you twist the model, it will always be the same. If any newbies were to fall for this scam, I don't know what to say but you deserved it because no one on their right mind is going to give you tenfold of the amount when you invested in them in such a short amount of time, the biggest return percentage that I can think of and that is legitimate is around 5% to 6%.

This is really a classic example of a ponzi scheme, where payments to the first participants are made from the money of those who joined later. And when new participants stop registering and investing their money, this scheme collapses, as there is no money to pay out.

Yes. Its true - about payments and i wrote about it in website. But. I just give opportunity to use this model.As long as I'm alive and well - all be good. I run a project alone. and dont whant invite someone else.  That is more secure and dangerous same. Because if something happend with me - many people realy can lost money. But its just a start. So all must be good!

[Johnyz]

“One which you can trust” - this is their funny line who promised to pay such huge amount of money on just a short period of time, this is an old way ponzi scheme, better not to deal with it that’s not worth it.

Great spot OP, i hope that this warning is enough to prevent people from losing big money, stay away from this newbies!

[Kittygalore]

~

This is really a classic example of a ponzi scheme, where payments to the first participants are made from the money of those who joined later. And when new participants stop registering and investing their money, this scheme collapses, as there is no money to pay out.

That is how some of this schemes are being unfolded, they ran out of clients to put through the scheme and the money starts running dry so they have to do some sort of act to look like everything is under control so people wouldn't notice that they are doing an exit strategy. To everyone who still thinks that this is legitimate, go ahead and try it and see your money go away in a couple of months and live in regret and hindsight.

[Dragon_King]

"and the money starts running dry" - all money what pays (commissions I get only, that I say) me clients always return like I wrote in web site. Its newer ends, because my system is international it means - always work. I have a strategy for that, so all who became an investor always get his money back. It's not a lottery and other scams projects! Its work and if you not blind you understand that. Read it again and try to understand how its work.
There no exit strategy. Now it's like that. In plans to automataize all parts of that system. So became at first. All what happens in system you will see it telegram t.me/linetrick_en for English speakers and t.me/linetrickru for Russian speakers. All groups open to talk.