Giga Coiner - Any Experience with this Site????

[stryker0695]

I'm not sure if this should be under scam warning (which I couldn't find nor do I know if it's a scam or not but I would like to know) or securities (have no assessment of the volatility of this proposition.)

Today a link cropped up when I was browsing topics related to bitcoins and that, and this is a website that I came across:

http://gigacoiner.com/banners/1/728.gif
http://www.gigacoiner.com/gigacoiner=stryker0695

And I haven't sent any coinage to them but I opened an account for the referral link, just in case anyone who sees this post decides to invest or gamble, I'm not sure which, I can receive a referral payout.

From what I can gather about the site, they pay anywhere from 4% daily to 7% daily depending on the amount of mBTC that is deposited. There is a caveat present on the site that warns not to invest more BTC than you are willing to lose... There was another site recently that cropped up that gave a 1% per day return (what was the name again?) by exploiting the ask/bid spread on crypto exchanges. This one I believe engages in growth investment, investing in upstart businesses and that.

So... Has anyone had any experience with this site? Is this a good way to lose a lot of BTC? Also I noticed in the FAQ that you can open multiple accounts on one computer. Do you think I could use my own referral link and receive 10% of my own investment dividend thus receiving a total of 4.4%?

[32Fahrenheit]

Hi, i found this on google http://www.badbitcoin.org/

Giga Coiner is like a Ponzi game. Hope i have help you

[stryker0695]

Thanks! To be 100% honest, I deposited .0125 BTC at GigaCoiner.... received back the expected .0005 so far but it will be interesting to see how long that goes on... Also, I thought for sure before I signed up I could "withdraw my funds at any time." There's certainly no option on the website to withdraw my coins... DERP

Thanks again for the great link - I'll keep this updated as to whether or not I see any more payments!

[rhino34567]

Thanks! To be 100% honest, I deposited .0125 BTC at GigaCoiner.... received back the expected .0005 so far but it will be interesting to see how long that goes on... Also, I thought for sure before I signed up I could "withdraw my funds at any time." There's certainly no option on the website to withdraw my coins... DERP

Thanks again for the great link - I'll keep this updated as to whether or not I see any more payments!

Don't expect anything back. Seriously, if there is something that sounds too good to be true, it probably is. Scammers are always focused on offering people something that sounds so good that they can't reject it, and they use this weakness against you.

[meccoin4me]

i also put some btc on it but it seems they are offline  today so please stop sending btc to them

[validium]

Anyone who can confirm that this site is legit? Am thinking of putting some coins in there.

[meccoin4me]

i also put some btc on it but it seems they are offline  today so please stop sending btc to them

sorry ,they are back online and doing well for me

[woodybalto]

Hi, I joined GigaCoiner May 27th.
I have been earnings 8.0 mBTC daily. on my Initial deposit of 200 mBTC
My earnings accrue at the same time each day and Withdrawals are INSTANT!
To date I have withdraw 48.00 mBTC.

I also noticed the admin added Live Chat support today.

If you like playing in Hyip's this might be for you. If you are a hater. Keep on Hating!

Hope this information was useful to someone.

[validium]

Currently testing this site. I put in a small amount first.

I will update this when i reach the limit amount needed to withdraw.

-BTC

[tsaroz]

Invested and getting Interest, would withdraw after reaching 30 days and update you all. Till now seems a promising HYIP, apply the golden rule of HYIP and you'll be fine.

[stryker0695]

A little update:

I have been in this for 19 days now, and have nearly obtained a ROI. The referral links have definitely been helping, and I could quite possibly at this point invest more and obtain a ROI. I have obtained .0063 BTC as well for a referral deposit. This is actually a pretty good deal if you want to earn some extra money on your BTC! I am going to reinvest shortly.

[Andre101]

I have been whit GigaCoiner for 22 day so far I deposed 116 mbtc and 1000mbtc and I got all my interest everyday, 8 more day to go I will let you know if everything gone good.

[validium]

update: I was able to with draw the interest i have earned, so i guess the site is legit.

- if you want to help me out you can pm me for my referral link 
-BTC

[woodybalto]

Here's a screen print of the withdrawals i made today.

https://i.imgur.com/QUIhcgz.png

[woodybalto]

Giga Coiner continues to PAY.
Here's today's payment.
https://i.imgur.com/bLVa0X0.png

[woodybalto]

My 1st spend here expired the other day.
https://i.imgur.com/BELC3HP.png

And seems like the coins are still flowing.

Got PAID INSTANTLY Today
Hello Woody Balto.

Your payment in the amount of mBTC 12 has been sent.

Receiver wallet: 1MahZWEaDxcrXrPTV9BJet1FWZ4H4tN4ar

If you will have any additional questions please refer to the Support Service.

Yours sincerely
GigaCoiner Team

[vach]

I've invested 0.6 BTC recieved back 0.72 as expected. But will not deposit anymore (definitely a ponzi)

[vach]

Hi, i found this on google http://www.badbitcoin.org/

Giga Coiner is like a Ponzi game. Hope i have help you

Thanks for the link If I had this a month before I've saved 3 BTC

[Ibian]

They changed their plans. Instead of giving 4%/day they now give 0.04%/hour or 0.96%/day.

The existing 4% plans are still in effect, but they no longer compound. Just a straight 4% of whatever the deposit is available for daily withdrawal or reinvestment.

Once my 4% plan is up in 21 days I will withdraw everything, just to be sure I can, and then decide where to go from there.

[rainydaypoker]

Looks like gigcoiner have gone the same way as Mydailycoin - yet another scam