Bitcoin Forum
December 12, 2017, 03:11:28 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 [6] 7 »  All
  Print  
Author Topic: Proof that MineThatCloud is a Ponzi  (Read 8261 times)
ABitNut
Hero Member
*****
Offline Offline

Activity: 763


I'm a cynic, I'm a quaint


View Profile
January 19, 2015, 01:26:12 AM
 #101

I was unaware that ponzi schemes were legal in Belgium. Oh, wait they aren't.

In before the collapse.

PS. Syke, 50 BTC is not nearly enough for me to set up up a 300+ TH/s farm, but if you're serious about throwing your money away please contact me and I'm sure we can work something out  Wink


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
1513091488
Hero Member
*
Offline Offline

Posts: 1513091488

View Profile Personal Message (Offline)

Ignore
1513091488
Reply with quote  #2

1513091488
Report to moderator
1513091488
Hero Member
*
Offline Offline

Posts: 1513091488

View Profile Personal Message (Offline)

Ignore
1513091488
Reply with quote  #2

1513091488
Report to moderator
1513091488
Hero Member
*
Offline Offline

Posts: 1513091488

View Profile Personal Message (Offline)

Ignore
1513091488
Reply with quote  #2

1513091488
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513091488
Hero Member
*
Offline Offline

Posts: 1513091488

View Profile Personal Message (Offline)

Ignore
1513091488
Reply with quote  #2

1513091488
Report to moderator
Syke
Legendary
*
Online Online

Activity: 2464


View Profile
January 19, 2015, 02:47:45 AM
 #102

PS. Syke, 50 BTC is not nearly enough for me to set up up a 300+ TH/s farm, but if you're serious about throwing your money away please contact me and I'm sure we can work something out  Wink

I'm not normally a big fan of escrow. Too many people have received boxes of rocks and then you get into arguments on what was shipped vs what was received. But in this case the delivery is publicly verifiable by anyone, thus escrow works great. So I'm reasonably protected from their scam by requiring escrow.

If MineThatCloud can deliver 345 TH/s for 30 days, then it's worth 50 btc to me. They're selling contracts for half that price on their website. If they had any shred of legitimacy they'd jump at my offer. We can then conclude that they don't have 345 TH/s, and thus can't deliver, so escrow stops their scam.

MineThatCloud is selling something they do not have, and are paying new customers from old customer funds. The best description of that is a Ponzi scam.

Let me translate it for our "Belgium" MineThatCloud representative:

wat moest bewezen worden
ce qu'il fallait démontrer
was zu beweisen war

Buy & Hold
Somekindabitcoin
Hero Member
*****
Offline Offline

Activity: 518



View Profile
January 19, 2015, 03:43:03 AM
 #103



Its funny all the people who have slagged us off are complete idiots


Said BOSS of cloud mining operation. Never heard legit business slag of their customers and who knows maybe future customers. GREAT PR

Re-read the sentence, I dont think you understand. We dont want any of you who slag us off to be our customers...Once again the only thing you can do to try and hinder our service is "try and put words in our mouth", None of you have any proof. all speculation that is incorrect.

Who are the morons giving their money to a "company" that not just hasn't provided any proof of legitimacy, but actually flat out refuses to do so? It's not the people that ask for proof of legitimacy and get to keep their bitcoins, that's for sure.

Please dont attack our customers.


You dont condone our actions even though we have done nothing wrong nor will do... but you all condone this behaviour? http://www.minethatcloud.com/index.php/index.php?option=com_content&view=article&id=28

And wow you are all suddently going to withdraw and claim innocence.

Well that sheds a light on a lot just looked at sykes trust rating.. Syke who was belittling you guys and saying how stupid i am to support you and invest in you.. And according to himself he has invested 100btc in you...

Sorry syke but the validity of your comments and posts has just been shattered, You are either lying on here and simply trolling, or you are lying about investing in the company. Either of which is not acceptable

Yep, He is not just the only one.



complete abuse of trust system, Shows how stupid these guys are.

Enjoy your rep you fucking scammer!
tmfp
Legendary
*
Offline Offline

Activity: 994


MLM: Many Layers of Misery


View Profile
January 19, 2015, 09:46:32 AM
 #104

I was unaware that ponzi schemes were legal in Belgium. Oh, wait they aren't.

Of course they aren't.
Selling by misrepresentation of the product is a crime in most jurisdictions.
Any legit business that was accused of doing this, like MtC is here, would bend over backwards to provide simple proof and shut critics up.
MtC are responding in a typical scammers way: hostility, ad hominems, strawmen and obfuscation.
Their few supporters are just as bad, either socks or naive marks with a sinking feeling in their gut and a dose of Stockholm Syndrome.

Extraordinary Claims require Extraordinary Evidence
Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
January 19, 2015, 10:55:45 AM
 #105

Their few supporters are just as bad, either socks or naive marks with a sinking feeling in their gut and a dose of Stockholm Syndrome.

more likely referral whores and/or people who actually invested and want to see the ponzi live long enough for them to profit.
Not that there is a snow balls chance in hell for that.
sifter
Hero Member
*****
Offline Offline

Activity: 574


CoinBooster Rep


View Profile
January 19, 2015, 12:23:50 PM
 #106

If it's not a ponzi why not just show hardware?

CoinBooster.io - Earn up to 67mil satoshi per day. Claim every 5 minutes. NO POP UPS! HIGH ROI
Bitcointalk Official Thread
MrTeal
Legendary
*
Offline Offline

Activity: 1274


View Profile
January 19, 2015, 02:32:30 PM
 #107

Since this will likely be deleted from the other thread...

BTW -

There was no block found on Jan 17th with 0.00622459 BTC in TX fees, and the change from 40640955017 difficulty to 43971662056 didn't happen until block 338688 at 2015-01-12 17:34:33. You should fix your made up stats.
s1lverbox
Legendary
*
Offline Offline

Activity: 1386



View Profile WWW
January 19, 2015, 06:20:59 PM
 #108



██▄▄                             ▄▄██
█████▄▄                      ▄▄██████
█████████▄▄              ▄▄██████████
█████████████▄▄      ▄▄██████████████
█████████████████▄▄██████████████████
█████████████████████████████████████
█████████████████████████████████████
███████████████████████████████████
▀███████████████████████████████████▀
  ▀▀█████████████████████████████▀▀
  ▄███████████████████████████████▄
▄███████████████████████████████████▄
███████████████████████████████████
█████████████████████████████████████
█████████████████████████████████████
█████████████████▀▀██████████████████
█████████████▀▀      ▀▀██████████████
█████████▀▀              ▀▀██████████
██████▀▀                     ▀▀██████
██▀▀                             ▀▀██






im0rtel
Sr. Member
****
Offline Offline

Activity: 327


View Profile
January 19, 2015, 07:04:15 PM
 #109

silverbox you are using copyrighted material. please dont...
MrTeal
Legendary
*
Offline Offline

Activity: 1274


View Profile
January 19, 2015, 07:05:16 PM
 #110

silverbox you are using copyrighted material. please dont...
http://en.wikipedia.org/wiki/Fair_use
im0rtel
Sr. Member
****
Offline Offline

Activity: 327


View Profile
January 19, 2015, 07:13:09 PM
 #111

how is this fair use when the purpose of that image is to make 1000 gh .
MrTeal
Legendary
*
Offline Offline

Activity: 1274


View Profile
January 19, 2015, 07:24:54 PM
 #112

how is this fair use when the purpose of that image is to make 1000 gh .
How is the purpose of that image to make 1000 gh?
s1lverbox
Legendary
*
Offline Offline

Activity: 1386



View Profile WWW
January 19, 2015, 07:43:00 PM
 #113

Ohh come one guys.....http://www.forbes.com/sites/davidhochman/2014/02/09/fake-starbucks-in-los-angeles-tests-parody-laws-as-coffee-lovers-laugh/


██▄▄                             ▄▄██
█████▄▄                      ▄▄██████
█████████▄▄              ▄▄██████████
█████████████▄▄      ▄▄██████████████
█████████████████▄▄██████████████████
█████████████████████████████████████
█████████████████████████████████████
███████████████████████████████████
▀███████████████████████████████████▀
  ▀▀█████████████████████████████▀▀
  ▄███████████████████████████████▄
▄███████████████████████████████████▄
███████████████████████████████████
█████████████████████████████████████
█████████████████████████████████████
█████████████████▀▀██████████████████
█████████████▀▀      ▀▀██████████████
█████████▀▀              ▀▀██████████
██████▀▀                     ▀▀██████
██▀▀                             ▀▀██






ABitNut
Hero Member
*****
Offline Offline

Activity: 763


I'm a cynic, I'm a quaint


View Profile
January 19, 2015, 11:59:38 PM
 #114

how is this fair use when the purpose of that image is to make 1000 gh .

So about this signature you're using. How does it feel to endorse a ponzi scheme?

And calling out other users for trying to get their share of the same ponzi? Hypocrite.

@Mr.Teal, I set them up on their "found blocks". I was hoping to see how they would try to fix that lie.


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
Shadoware
Jr. Member
*
Offline Offline

Activity: 54


View Profile
January 21, 2015, 08:20:41 PM
 #115

If it's not a ponzi why not just show hardware?
the best from the best argument! Will like to see some proof Smiley
Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
January 23, 2015, 06:07:34 AM
 #116

The site is now redirecting to Cloud Mining Website - another "cloud mining service" which I've proven to be a total scam.

For those of you who left these scammers positive feedback, I'd remove that if I was you.
clownius
Sr. Member
****
Offline Offline

Activity: 448


View Profile
January 23, 2015, 05:42:33 PM
 #117

The site is now redirecting to Cloud Mining Website - another "cloud mining service" which I've proven to be a total scam.

For those of you who left these scammers positive feedback, I'd remove that if I was you.

Good to see one go down fast and catch the idiots that promote this crap out.  Maybe they will learn to stop using affiliate links etc to steal the BTC off later "investors" this way

im0rtel im looking at you specifically!  Enjoy the negative trust.

I suggest we treat all Ponzi promoters thus
Rookie41
Jr. Member
*
Offline Offline

Activity: 59


View Profile
January 23, 2015, 11:15:32 PM
 #118

No payout for the last 2 days ... looks like it's over.
62 day ROI looked too good to be true  Wink
Syke
Legendary
*
Online Online

Activity: 2464


View Profile
January 27, 2015, 04:31:31 PM
 #119

No payout for the last 2 days ... looks like it's over.
62 day ROI looked too good to be true  Wink

Now that the website is gone, can anyone confirm if there are any payouts still being made?

Buy & Hold
tmfp
Legendary
*
Offline Offline

Activity: 994


MLM: Many Layers of Misery


View Profile
January 27, 2015, 05:01:07 PM
 #120

im0rtel im looking at you specifically!  Enjoy the negative trust.
I suggest we treat all Ponzi promoters thus

So about this signature you're using. How does it feel to endorse a ponzi scheme?

There's a bizarre little story behind im0rtel and that sig:  make sense of this  Huh

https://bitcointalk.org/index.php?topic=762075.msg10260402#msg10260402



Extraordinary Claims require Extraordinary Evidence
Pages: « 1 2 3 4 5 [6] 7 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!