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b!z
Legendary
 Offline
Activity: 1582
Merit: 1010
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February 09, 2015, 12:08:12 PM |
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It's painfully obvious that the site is a ponzi. You pay money to the company so they can multiply your computer's "hash rate". How does that seem even remotely legitimate?  |
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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February 09, 2015, 12:11:00 PM |
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It's actually sound like a ponzi scheme if customers can't withdraw and the company would just make up excuses. The company have been really shady in the history of their operation. I was required to verify my credit card due to me logging in through a proxy/vpn which I obviously didn't. I didn't bother to verify and my money has been stuck there since then.
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splashonline
Newbie
Offline
Activity: 2
Merit: 0
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February 09, 2015, 12:12:07 PM |
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its not a scam i have paidd out severall times
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avw1982
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February 09, 2015, 12:12:49 PM |
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its not a scam i have paidd out severall times
Hashprofit payed out as well. |
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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February 09, 2015, 12:16:04 PM |
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its not a scam i have paidd out severall times
Perhaps you don't understand what is a ponzi scheme. A ponzi scheme is a operation that pays you with the next person's deposit. They will pay you till people stop depositing and they can run away with your money or just don't pay you. Either way, you lose money. |
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BigGameCAsino (OP)
Member
Offline
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
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February 09, 2015, 12:18:12 PM |
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its not a scam i have paidd out severall times
Perhaps you don't understand what is a ponzi scheme. A ponzi scheme is a operation that pays you with the next person's deposit. They will pay you till people stop depositing and they can run away with your money or just don't pay you. Either way, you lose money. It really sucks when we deal with people like this |
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inBitweTrust
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February 09, 2015, 12:21:55 PM |
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One should assume all new cloud mining companies are full or partial ponzi's unless they prove otherwise. Proving so is trivial as well.
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mitus-2
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February 09, 2015, 12:48:20 PM |
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AFAIK they were sending some payments 1 hour ago... even if temporaly complying to the contract doesn't exclude insolvence
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BigGameCAsino (OP)
Member
Offline
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
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February 09, 2015, 12:49:02 PM |
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AFAIK they were sending some payments 1 hour ago... even if temporaly complying to the contract doesn't exclude insolvence
Nice.. are you from cointellect? |
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Rude Boy
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February 09, 2015, 01:02:44 PM |
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cointellect still working finely,
if you have any problems with your withdrawl, you may contact their support team.
I've earned about €7 from my 1 referral only -_- (actually i'm not mining with cointellect, coz of laziness to run that software)
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tadakaluri
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February 09, 2015, 01:06:21 PM |
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Can I start investing right now?
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acquafredda
Legendary
Offline
Activity: 1316
Merit: 1481
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February 09, 2015, 01:07:00 PM |
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It's a ponzi scheme. Who got there first saw some money.
The latests are full of wounds and losses.
That's it.
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tadakaluri
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February 09, 2015, 01:18:42 PM |
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It's a ponzi scheme. Who got there first saw some money.
The latests are full of wounds and losses.
That's it.
Thanks for the Advice!!! |
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galdur
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February 09, 2015, 01:26:23 PM |
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Not invested but a guy I know is and he has been paid so far. Myself, was checking it out a few weeks ago didn´t think it smelled quite right and so lost interest.
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noma
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February 09, 2015, 01:38:19 PM |
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its not a scam i have paidd out severall times
Well if it stops paying out in future, then it will be a scam. Not every such company just stops payout in the early pahse. They always go a long way before doing anything like it. |
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galdur
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February 09, 2015, 01:42:16 PM |
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its not a scam i have paidd out severall times
Well if it stops paying out in future, then it will be a scam. Not every such company just stops payout in the early pahse. They always go a long way before doing anything like it. Well, companies can go belly up and do so a lot actually. And not necessarily because they´re scams. |
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mitus-2
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February 09, 2015, 01:42:55 PM |
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AFAIK they were sending some payments 1 hour ago... even if temporaly complying to the contract doesn't exclude insolvence
Nice.. are you from cointellect? do you understand english? |
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BigGameCAsino (OP)
Member
Offline
Activity: 112
Merit: 10
Want A Personal Coin? PM ME!
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February 09, 2015, 01:57:23 PM |
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AFAIK they were sending some payments 1 hour ago... even if temporaly complying to the contract doesn't exclude insolvence
Nice.. are you from cointellect? do you understand english? Ow sorry..I thought we can get some of the Cointellect's side? |
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ForexTE
Newbie
Offline
Activity: 14
Merit: 0
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February 09, 2015, 02:03:54 PM |
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Now that word is spreading I am sure they will bounce back as CoinBrain or CoinMuscle or something..what say? Problem is the folks who will continue to believe in them... send them their bitcoins ...lose them ...and then complain ...on hearing which some other folks will come back saying...hey I got what they promised, how come you didn't get...this is the usual rise and fall of another scam...before it evolves into another name.
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