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Author Topic: Overnight major Ponzi scheme CryptcoMiner finally absconds with over seventy BTC  (Read 1744 times)
awesome31312
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September 16, 2014, 09:14:30 PM
 #1

http://cryptoconspiracy.com/overnight-major-ponzi-scheme-cryptcominer-finally-absconds-with-over-70-btc/

Well, why am I not surprised? I was only in it for the sig campaign Tongue

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giveBTCpls
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September 16, 2014, 10:04:18 PM
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Thats why im sticking with Primedice as long as I can, one of the few ways to go about making BTC. Hope no one lost a lot of money around here. I would have stick to their ad campaing as well. I would be butthurt if they didn't pay at the end of the term tho. The ones currently in the campaing will for sure not get paid after this.

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September 16, 2014, 10:10:41 PM
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I can't believe that people are so stupid. I cannot see any possible way that the returns cryptominer promised it's investors would have been sustainable.
awesome31312
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September 17, 2014, 12:19:12 AM
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Thats why im sticking with Primedice as long as I can, one of the few ways to go about making BTC. Hope no one lost a lot of money around here. I would have stick to their ad campaing as well. I would be butthurt if they didn't pay at the end of the term tho. The ones currently in the campaing will for sure not get paid after this.

Yeah dude, don't do the ones that claim to pay at the end of the month and stuff

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snappa4ever
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September 17, 2014, 03:29:49 AM
 #5

You are not surprised because that is what ponzi's do. That was the endgame.

It was even mentioned in the article that cryptominer was offering 130% investment returns for only 5 days right before they ran away with their "investors" money.

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tspacepilot
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September 17, 2014, 03:35:11 AM
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I guess we can summarize and say that no one was really surprised.  I'm guessing that even the majority of "investors" realized that it was really more of a gamble than an investment.  I mean, if you gave the dude 1btc early on and cashed out with 1.3BTC after five days maybe you were happy and never went back.  On the other hand, maybe you were hooked and kept "reinvesting".  Anyway, I think there's really no news here, moving on ...

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September 17, 2014, 03:53:10 AM
 #7

I guess we can summarize and say that no one was really surprised.  I'm guessing that even the majority of "investors" realized that it was really more of a gamble than an investment.  I mean, if you gave the dude 1btc early on and cashed out with 1.3BTC after five days maybe you were happy and never went back.  On the other hand, maybe you were hooked and kept "reinvesting".  Anyway, I think there's really no news here, moving on ...
I agree. What the investers, err gamblers were doing at cryptominer was essentially betting when they would finally crash and burn, and run away with investor's money.

What the article describes them doing kind of reminds me of people taking out "confidence" loans on here in order to gain trust. People would take out loans for the sole purpose of "earning" trust only to eventually take out a very large loan and disappear.
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September 17, 2014, 05:50:00 AM
 #8


ye i gave them some free advertising as well (i joined late, so didn't even make first payout)

you have to be pretty retarded to deposit any real money there anyway
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September 17, 2014, 06:14:44 AM
 #9

The user
dkann86

is most likely a bot or fake. Every few hours or so I saw that guy depositting around $2000

Also how did they come up with the fact that they stole 70 BTC? If the deposit wallets are unknown?

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Cluster2k
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September 17, 2014, 07:58:44 AM
 #10

Earn 3%+ from a bitcoin investment per day.  A scam?  I'm shocked it collapsed  Roll Eyes

This forum is overrun with Ponzi schemes and the accompanying sycophants

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tooil
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September 17, 2014, 08:03:55 AM
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That many people fall for it?

Sound like a good ponzi for the author if he made 70 btc with it.
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September 17, 2014, 08:13:46 AM
 #12

That many people fall for it?

Sound like a good ponzi for the author if he made 70 btc with it.

Yes, in a sense you could say he did a good job.  On the other hand, it's kinda a shame that people let him get away with that.  I don't really know how to feel about this.

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September 17, 2014, 02:02:30 PM
 #13

signatures were paid really high. But was worth fro him.
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September 17, 2014, 02:09:21 PM
 #14

Earn 3%+ from a bitcoin investment per day.  A scam?  I'm shocked it collapsed  Roll Eyes

This forum is overrun with Ponzi schemes and the accompanying sycophants

There are several ponzi scams popping out every week but people seems to forget the past.

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September 17, 2014, 04:17:14 PM
 #15

Earn 3%+ from a bitcoin investment per day.  A scam?  I'm shocked it collapsed  Roll Eyes

This forum is overrun with Ponzi schemes and the accompanying sycophants

There are several ponzi scams popping out every week but people seems to forget the past.

you know how many times I screamed they were luminine and no had listen, oh but because he was paying daily means hes not a scammer, seems like scammers are using sigs to get there scams done these days.

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tspacepilot
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September 17, 2014, 05:12:57 PM
 #16

Earn 3%+ from a bitcoin investment per day.  A scam?  I'm shocked it collapsed  Roll Eyes

This forum is overrun with Ponzi schemes and the accompanying sycophants

There are several ponzi scams popping out every week but people seems to forget the past.

If they can make 70 btc per scam and do it once a month, that's not a bad living!

awesome31312
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September 17, 2014, 05:13:57 PM
 #17

Earn 3%+ from a bitcoin investment per day.  A scam?  I'm shocked it collapsed  Roll Eyes

This forum is overrun with Ponzi schemes and the accompanying sycophants

There are several ponzi scams popping out every week but people seems to forget the past.

If they can make 70 btc per scam and do it once a month, that's not a bad living!

That's just from one wallet
https://blockchain.info/address/1BaqXw9tWkcQvjqeQTzk7beUfF4NZURZtv

There are many many more out there

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kutaka
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September 17, 2014, 07:58:48 PM
 #18

Praising a scam in your signature makes you a scammer in my book, no matter the intentions.
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September 17, 2014, 09:00:32 PM
 #19

Praising a scam in your signature makes you a scammer in my book, no matter the intentions.

Funny,  I guess people like you mean that I really do need to change my text under my name to "signature is a paid advertisement, not personally endored".  I figured that was too obvious to worry about.

awesome31312
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September 17, 2014, 09:28:58 PM
 #20

Praising a scam in your signature makes you a scammer in my book, no matter the intentions.

Funny,  I guess people like you mean that I really do need to change my text under my name to "signature is a paid advertisement, not personally endored".  I figured that was too obvious to worry about.

Some businesses penalize you for adding or removing data, therefore writing "Vendors not personally endorsed" would not be allowed.

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