Topic: Another proof that cloud mining is a scam - page 7. (Read 1248 times)
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
There will be many people who will register on the cloud mining especially for new people who don't learn much about cryptocurrency. Their friends invite them because their friend can give proof of the payment. I don't think that they will join in cloud mining if they have true information that cloud mining will not give them any profit. People still want to make money by instant, and they don't want to learn anything.
Out there, a lot of people who think bitcoin is easiest way to earn money. And they are who still believe cloud mining is good resources to get a lot of bitcoin without work hard. And it is good for target of a scammers.
most of them are new people who know cryptocurrency, because honestly I first went to the world of cryptocurrency to trust cloud mining, and spent full time there.
but I am sure, as time goes by, they will also realize that it is a waste of time.
but I am sure, as time goes by, they will also realize that it is a waste of time.
Easy money, that's what people always wanted to have. They don't research at all, they just listen to the sugar coated promises that money will be returned in with interest and all they have to do is sit back, relax and wait for pay day. With the rising cost of maintenance and power bills, mining is not feasible, what more if its cloud mining.
It's just that people are still looking for easy ways to get something from their initial investment without really looking into further details, hence the continuous prosperity of such scam sites. A lot of us know so well that cloud mining is just another thing of the past, and is just the facade of many ponzi schemes of today. A lot of 'cloud mining' sites pay only for the first few weeks and just disappears without a trace later on, and this might be the case on yet another ponzi scheme we have here on the article.
How come you said cloud mining is scam, did you see many people have raised much money with cloud mining and they have build highest mining project and keep it for the future, but right now is not good time for cloud mining.
Quote
I really don't understand, it's already 2019 and people are still believing that cloud mining is still one way to earn and the best way to invest your money??? *face-palm*..
trying to go first so if in case that they are able to be lucky they will gain without any hard work.
We can never control people's believes, things like this will continue to exist as long as they can see people who will willing to participate.
I'm thankful for bitcointalk even to begin. Like the Beginners Section has a lot of useful information towards how to interact with activities that are surrounded by cryptocurrencies etc. I have read there that it is a scam and faucets are a waste of time, it has helped me towards having a better experience and not getting me scammed. That leaves now how people educate themselves about projects that are probably scam, and maybe those who are legitimate at first then run off with your money, who knows.
I think it's not ideal for people who own mining rigs and lend them to you and not profit from it. Madness.
I think it's not ideal for people who own mining rigs and lend them to you and not profit from it. Madness.
That just proves how much easier is to scam people by providing fake arguments and building their own fake trust.
You just can't asume every cloud mining nowadays will become scam. Maybe in the future there will be some sort of user home pc linked with cloud mining where in fact user pc will be doing the mining.
You just can't asume every cloud mining nowadays will become scam. Maybe in the future there will be some sort of user home pc linked with cloud mining where in fact user pc will be doing the mining.
I can't blame the newbies though for keep on falling with such cloud mining scams. There's many people who doesn't have an idea to what cloud mining really are and having the same thought that this how people can make money with cryptocurrency. As they come to the community, we need to keep on pushing these reminders as well even its annoying for some who are already aware of it. We need to keep that exposure that cloud mining sites will just scam their money and if they say a 'legit' one, it will barely give them reward.
Scams can be found in all type and kind of industry hell that also includes even many religious organizations who are supposed to be exemplary in terms of honesty and being kind to humanity. Scams happened because there are people who are very creative in fooling other people and because there are many people who became willing victims due to many factors like lack of knowledge and that universal desire to make money without doing anything laborious. Scammers are known to be good in presenting the colorful rainbows that promises a great future ahead only to realize later that they are being lead into the hell. We have to be careful the only problem here is that the market is now getting bigger and bigger everyday so scammers can always find the captured market they are desiring.
..we cannot stop that..people specially newbies and all others that are new in Bitcoin and dont have enough knowledge would still believe that cloud mining is the best way to earn profit..the question is,,how can we help them and how can we prevent it??..its a fact that if no one is fooling, there is no crook..
I really don't understand, it's already 2019 and people are still believing that cloud mining is still one way to earn and the best way to invest your money??? *face-palm*..
well, at all times there are newcomers who seek out ways to "earn bitcoin" because they still think bitcoin is something magical on the internet that they have to get it through weird ways instead of buying or working for it for real!
and when they search for stuff like that, they find things such as cloudmining which will then promise them all kinds of things and many believe them.
the worst part is that cloud mining is just one of many things they fall for! the biggest scam has been the ICOs that have been taking victims constantly. of course this year we were lucky enough to witness their death.
After a protracted bearish market that started in 2018, and we are still swimming the tides, some of the friends in the space that we all ran away from deadly Ponzi to found solace in bitcoin and cryptocurrency, have most part gone back to Ponzi scheme, citing their losses in bitcoin market and justifying that something must kill a man. You really can't blame people for taking some certain actions even when they understand it will have a future negative effect, they just want an easy way out.
Quote
I really don't understand, it's already 2019 and people are still believing that cloud mining is still one way to earn and the best way to invest your money??? *face-palm*..
Quote from: https://nuvoo.io/datacenter/
2828 Boulevard Laurier, tour 1,7e étage
Québec, QC G1V 0B9
Québec, QC G1V 0B9
See on Google Map:
https://www.google.com/maps/place/NuVoo+Inc/@46.7677269,-71.2909038,17z/data=!3m1!4b1!4m5!3m4!1s0x4cb896b54046c7bb:0x4e7f7a2c32bf4c55!8m2!3d46.7677269!4d-71.2887151
Registrant Organization: G.O GREAT OFFERS DIRECT LTD
Registrant State/Province:
Registrant Country: CY
G.O GREAT OFFERS DIRECT LTD:
https://opencorporates.com/companies/cy/HE366990
JOHNNY MARTIN, director
MARTIN LEBLANC, director
I have never believed in cloud mining because i have read on several websites that they are full of scams. All they do is to get the mining power of several people and use it to their own benefit without distributing the rewards back to the individual miners. Most of them shut down after operating for a while. if you want to get into mining then it would be better to to set up your own mining rig or run a masternode instead.
Nuvoo? Never heard of it but it sounds already a little bit scammy. 
The idea to offer people to participate in mining because their electricity cost in their home country is too high to be profitable is a good idea in general. The problem of cloudminers is that they are not transparent. If you ask them about their (average) electricity cost, most of them will refuse to tell it. That's shady as fuck and they can determine how much they pay out and keep the rest of the mining revenue to themselves. Nobody would be able to verify if the payouts are fair or the company took the biggest part.
And of course, there are also those "cloudminers" offering returns of more than 2% per day. Everyone who knows at least a little bit how mining business is making profits (it's not much anymore since September / October) would notice a big red flag and don't invest because it's just a ponzi.
The idea to offer people to participate in mining because their electricity cost in their home country is too high to be profitable is a good idea in general. The problem of cloudminers is that they are not transparent. If you ask them about their (average) electricity cost, most of them will refuse to tell it. That's shady as fuck and they can determine how much they pay out and keep the rest of the mining revenue to themselves. Nobody would be able to verify if the payouts are fair or the company took the biggest part.
And of course, there are also those "cloudminers" offering returns of more than 2% per day. Everyone who knows at least a little bit how mining business is making profits (it's not much anymore since September / October) would notice a big red flag and don't invest because it's just a ponzi.
They don't just promise too good to be true income they also make a good sales talk. They would show fake proofs of their daily income and try to blind greedy people. I also used to wonder if these people posting do really get the same income or they are just performing the task of recruiting people to believe in their lies just because they are getting paid for referring people.
Quote
I really don't understand, it's already 2019 and people are still believing that cloud mining is still one way to earn and the best way to invest your money??? *face-palm*..
Quote
I really don't understand, it's already 2019 and people are still believing that cloud mining is still one way to earn and the best way to invest your money??? *face-palm*..
There are always "new ones" so that is usual to see. It will not end as many people likes passive income without doing nothing.
If basic discouragement, advices and recommendations isn't enough for them to understand the risks they are taking then you have no choice but to let them see and experienced the output by themselves.
No way we can just changed their mindset easily because their precious common sense were built the other way around. Luckily, not all newbies are not like that.
Jump to: