acquafredda
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Activity: 1316
Merit: 1481
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April 26, 2015, 07:27:38 AM |
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According to their site, HashCoins is their first service. HashCoins is ASIC manufacturer but they are liars. HashCoins Bitcointalk account isn't online since March. They may have a small ASICs setup for mining but this is obvious ponzi. They didn't even provide an image. Don't invest there. See https://bitcointalk.org/index.php?topic=417623.msg9823103#msg9823103. Thanks for the info. Anyway, being from the very same place as cointellect doesn't help.  |
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crazyivan
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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April 26, 2015, 06:19:13 PM |
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According to their site, HashCoins is their first service. HashCoins is ASIC manufacturer but they are liars. HashCoins Bitcointalk account isn't online since March. They may have a small ASICs setup for mining but this is obvious ponzi. They didn't even provide an image. Don't invest there. See https://bitcointalk.org/index.php?topic=417623.msg9823103#msg9823103. Thanks for the info. Anyway, being from the very same place as cointellect doesn't help. No photos, no mining address, no money. Easy. |
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Syke
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Activity: 3878
Merit: 1193
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April 27, 2015, 04:40:33 AM |
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[No, it's legit cloud mining from indonesia I have seen their mining proof some time ago & i heard someone already seen their mining center. But, their contract price is too high   You call that a farm? My toilet has more miners on top of it. |
Buy & Hold
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cryptojumper
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April 27, 2015, 08:20:38 AM |
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Your toilet should be a very hot place sir  Don't think its the best place to keep them, very noisy and causing stress, and the toilet is meant to be a place of peace and concentration, a safe haven. But whatever it takes to keep mining... |
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crazyivan
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Activity: 1652
Merit: 1007
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April 27, 2015, 09:08:40 AM |
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[No, it's legit cloud mining from indonesia I have seen their mining proof some time ago & i heard someone already seen their mining center. But, their contract price is too high You call that a farm? My toilet has more miners on top of it. Yes, it does look like someone`s garage. |
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crazyivan
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Activity: 1652
Merit: 1007
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April 28, 2015, 08:29:09 AM |
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gr mining no payout 2 weeks ,,scam site hate
Again, no photos, no mining address, NO MONEY. Simple, very simple. |
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hermanto
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Activity: 45
Merit: 0
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April 28, 2015, 10:28:17 AM |
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thanks gr mining pay me now,,,i don"t post picture or link,newbie bitcointalk
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cryptojumper
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April 28, 2015, 10:46:52 AM |
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thanks gr mining pay me now,,,i don"t post picture or link,newbie bitcointalk
Why would they pay you, they are a ponzi and a scam  Get your money out if you still can NOW! And do your research next time before investing... Even if they paid you once, they won't the second time. |
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Wintermute
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May 05, 2015, 03:07:22 PM |
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Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
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Muhammed Zakir
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May 05, 2015, 03:11:09 PM |
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Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
What if they had got 25+ BTC before April 23? |
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crazyivan
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Activity: 1652
Merit: 1007
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May 05, 2015, 06:24:51 PM |
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Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
So you are saying you think they are legit? |
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flyingplows
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May 05, 2015, 09:46:32 PM |
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It's like investing in a black box..., they don't provide any proof, they don't publish anything, they don't care about electricity cost or fees either... You just give them your money and hope for the best. How do you even know your investment is in any way related to bitcoin activity? Think about that Plus using fake photoshopped pictures on their front page instead of actual images of their mining farm, if they have any. |
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SpanishSoldier
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May 05, 2015, 11:18:20 PM |
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It's like investing in a black box..., they don't provide any proof, they don't publish anything, they don't care about electricity cost or fees either... You just give them your money and hope for the best. How do you even know your investment is in any way related to bitcoin activity? Think about that Plus using fake photoshopped pictures on their front page instead of actual images of their mining farm, if they have any. I would like to know how is it different for Bit-X ? i. No mining address. ii. No identity of the people behind Bit-X. iii. No payment proof. They are only eyewashing people with the BitFury vouch that they could easily got by bribing them. We have already seen similar scam when AsicMiner vouched for Hashie. A mining manufacturer's vouch is no proof at all and OP should drop it from a point of legitimacy proof. |
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Wintermute
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May 05, 2015, 11:43:05 PM |
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Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
What if they had got 25+ BTC before April 23? I used my model to calculate that as well. In the past they made (huge) profits. This is the first time they are losing Bitcoin for a period of time. It is very likely that Bitcoin Cloud Mining is a Ponzi scheme. As such they will probably not want to run on a loss for a long period of time. If they continue to lose money, I would expect them to shut down the operation in the next couple of weeks. |
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crazyivan
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Activity: 1652
Merit: 1007
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May 06, 2015, 04:28:34 AM |
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Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
What if they had got 25+ BTC before April 23? I used my model to calculate that as well. In the past they made (huge) profits. This is the first time they are losing Bitcoin for a period of time. It is very likely that Bitcoin Cloud Mining is a Ponzi scheme. As such they will probably not want to run on a loss for a long period of time. If they continue to lose money, I would expect them to shut down the operation in the next couple of weeks. Heh. We ll see how good are your forecasts. For the sake of people who invested there, I home your are wrong. |
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Emm
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Activity: 28
Merit: 0
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May 06, 2015, 03:27:24 PM |
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I bought 100GH/s from both CloudMinr & Bitcoin Cloud Services (before coming onto this forum to see what people thought of cloud mining).
Both have been paying out on the schedule and approximate amount that they claim so far (I know that does not mean anything with regard to being Ponzi or not, but at least they are not just 100% scam, i.e. take your money and dont pay at all).
From reading almost this entire thread, it sounds like there are people that do not understand what a Ponzi scheme is, read the first post carefully people, it explains it well, especially in regard to cloud mining.
Can anyone tell me how long those two cloud mining companies have been going for? As obviously, if it is a Ponzi that I have accidently got myself involved with, the earlier the better...
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crazyivan
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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May 06, 2015, 04:17:53 PM |
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I bought 100GH/s from both CloudMinr & Bitcoin Cloud Services (before coming onto this forum to see what people thought of cloud mining).
Both have been paying out on the schedule and approximate amount that they claim so far (I know that does not mean anything with regard to being Ponzi or not, but at least they are not just 100% scam, i.e. take your money and dont pay at all).
From reading almost this entire thread, it sounds like there are people that do not understand what a Ponzi scheme is, read the first post carefully people, it explains it well, especially in regard to cloud mining.
Can anyone tell me how long those two cloud mining companies have been going for? As obviously, if it is a Ponzi that I have accidently got myself involved with, the earlier the better...
Bitcoin Cloud started somewhere in April 2014 I think. |
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Dolarcito
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Activity: 7
Merit: 0
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May 06, 2015, 04:34:55 PM |
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I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
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BitcoinNewsMagazine
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Activity: 1806
Merit: 1164
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May 06, 2015, 05:19:11 PM |
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I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
cex.io suspended cloud mining back in January 2015. |
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Dolarcito
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Activity: 7
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May 06, 2015, 06:26:42 PM |
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I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
cex.io suspended cloud mining back in January 2015. thanks dude. So at this time there is none a legit/working service right now? wanna invest in cloud mining... |
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