Topic: BitClub Network: MLM promises, false testimonials and PoS coin - AVOID - page 10. (Read 62211 times)

QUITE right!

Aurumcoin, ugh!!

So many scams, my head is spinning!!!!

Example #126 in the series "God told me to do it", or how to become rich by Celestial Intervention

Yes it is quite a common feature of these "We're all gonna get rich!!1!1!!!!1!!" scam ops, but then not particularly surprising because it filters out the critical thinkers and encourages the credulous to believe that not only does this 'Business' want them to be rich, an omnipotent, omniscient, omnipresent 'Creator of the Universe' deity clearly does, too, as long as you throw out a few hallelujahs in his direction.

Josh Garza and most of the GAW/Hashlet/Paycoin collaborators loved themselves lots of gawd, as well.

I'm not so sure about that, I've researched them fairly thoroughly and don't recall gold being part of the sales pitch.
Are you thinking maybe about that appalling Bulgarian OneCoin MLM thing and its Aurum nonsense, run by Miss Piggy here?

Just a little socmed update from our MLM pumpers on the dreaded Facebook.
Great celebrations for BitClub pool mining their 200th block, but as usual, not quite the whole story.
(There's that "crowd funded" buzz phrase again  )



Although I am far from a mining pool expert, I understand there is a direct relationship between hashrate/participant's share/payout on PPLNS pools like BCN's.
Since they started in July with 0% fees, they have attracted a number of 3rd party users and, including their own contribution, their total pool hashrate has climbed to over 6 PH/s. Even with many third party miners, this is a million miles from their stated goal of becoming a
at <1% currently.

Also the share of that (and payment for blocks discovered) to pay BitClub Network members has stayed pretty stationary in absolute terms and declined as a percentage of the total.

Some more "fag packet" numbers. Feel free to criticize/correct

From 07/18 to date, of those 200 blocks, 118, i.e. 59% (declining) were attributed to BCN's own mining.
The BTC average price in that period is $290.
118 x 25 x 290 = $855,500 Gross.
855,500 / 165 days = $5,184 per day total gross income.

As I previously estimated in an above post, from their own propaganda, BitClub Network has so far received in the region of $9,000,000 (and rising) upfront from wannabe miners, expecting to ROI in 1000 days.

9,000,000 / 1000 = $9,000 per day total liability to clients.

Of course, this takes no account of the actual cost of running/leasing the mining operation itself, or the parasite referral factor, the amazingly complex and expensive MLM structure which is the real reason for BitClub Network's existence.

The final word on which I will leave to the man with many, J.R. himself.
In two successive FB daily posts (note "mining income" itself, from his $3500 expenditure which was necessary to gain him access to the MLM structure, is static), just this one of many hundreds of shills/pumpers for this crap, in 48 hours made nearly $1,400 in referral commission





Try not to throw up at the Praise be to the Lord references.

Thank you tmfp for this thread!!  It is so true how scammers try to slide in to people wallets..

But this rapist picture is really too much!!! 

But...but...but...the guy in the video said that when BTC hits $30,000 each, (in the "very near future,") we'll all be multi-millionaires!!!   

Lol I saw this thread months ago and laughed.  See it again today and laughed again.  These fuckers come out of the woodwork in the land of bitcoin, don't they?

That is one of the funniest things I have even seen in a scam:

The Spanish-speaking Brazilian customer who is really a rapist from India.

Reminds me of the "Smiling Guy" stock dentist photo that Allen Shinners pilfered for his BitLend scam site.

I think what people need to also point out here that rapist conviction picture they used as a person named "Victor Diaz" is directly ripped from news websites, it was a chuckle reading each review these "customers" gave.
Fake fake fake fake fake.
I think we have seen enough from them to prove this is yet another bullshit company.

The thing is... there's no Chaco region in Brazil, and in Brazil they talk Portuguese and not Spanish like you see in the picture from Victor Diaz. I really don't know what to think about that site... they are growing everyday. I believe that everyone has been following the news about BitclubNetwork, does someone knows it is a real scam or have some different information?

I got this bit wrong. It appears they weren't even an exhibitor, although it's difficult to get info because our hero J. Ryan screwed up his flight and missed the whole thing. So he says. Hahahaha.

It's a shame if they didn't exhibit, they could have used their marketing genius to explain to the geeks like Ver how Bitcoin really works, with some handy graphix, essential aides for mining like "Generation Bonuses", "Infinity Overrides" and "Enrollment Tree Legs (not Binary Legs)".





BCN were:


http://insidebitcoins.com/seoul/2015/become-sponsor

It appears that the major event didn't exactly inspire sponsorship, out of ten possible ways to give the organizers money only four were taken up and there were only twelve exhibitors.
Did anyone go?

#ClubCon

---

Anyone remember BitcoinTrader.biz and their "Sponsored Road Trip around America" in a leased car with a sticker on the fender? Reminds me...

great breakdown on their bullshit posting... LOL 

Cranking up the hype in Seoul, our fearless pumpers pose for a photo. Would you buy a used car from these guys?



Check out that MLM 101 text, let's parse it....

Immediately take the higher ground with a factoid which implies you're different. Not fake.
Buzzword usage. Good.
Not quite, there are two sponsors and BCN isn't either. They are listed as one of 36 exhibitors, nothing more. http://insidebitcoins.com/seoul/2015/sponsors
Good use of word 'major'. Ver is speaking too. Must be a must be there for every slimeball  networker in the industry.
Just like at the Auto Shows when you were a kid, right?
Another excellent misuse of a buzzword. They are crowdfunded like a pickpocket is crowdfunded.

How true, Another aspect of who you are is a bunch of professional con artists building a global scam.
"To the world": Just what the world needs. Also, get your denial in first.
Just lulz at this one.
Standard RahRah "exciting" speak. Everything is exciting in MLMland!Classic implication: if you don't give us your money, you don't care about your family.
Mustn't forget the link to pumping vids. (Misspelt). 'What, for referral commission?' "Hey man, no, I just want to help you."


The recent rise in the price of Bitcoin is helping a lot of scams, but it's a bit of a double edged sword when outgoings, i.e. commission and "mining earnings" are made in BTC, but income (sale of contracts) is denominated in fiat.
Or it would be if it wasn't for the fantasy factor.

#Clubcon

no they aren't. Why would they waste money on miners and electricity when they can just walk away with the money people are handing them?

ya they just launched the Clubcoin wallet and such now (or i just noticed it).
the worst part of these scammers is there gonna walk away with 15% of the network hashpower, boughten from investors money ;(

LMFAO. Check out this guy. unreal. (He's on rotation on http://bitclub.io/mining/mining now).

https://www.facebook.com/sadik.dgreat

OMGGG I'm still laughing about the Indian rapist on their website.  Wow what a great testimonial lmfao.

is it just me, or does this sound like gaw 2.0?