Can you trust stuff like Hashocean? | Bitcointalksearch.org

Snorek

legendary

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Quote from: isen on June 23, 2016, 06:23:43 AM

Thing is that even if the ponzi creators are not greedy(most of them are ofc) sooner or later new people will stop joining and the whole scheme will collapse.Everytime someone is going to lose money there,even if i was in profit i wouldn't feel so comfortable with other people's lost money.

That is why if someone is dedicated enough to create huge ponzi with cloud mining as cover you usually see a 'mix'.
What I mean is - a company is mining and selling some percent of real hash power, but in the meantime they are investing your money.
This type of business can potentially last for years even. I can't wait to see how mining market will change after the halving.

lumeire

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Next-Gen Trade Racing Metaverse

Quote from: Snorek on June 23, 2016, 06:04:58 AM

Quote from: MTBTT on May 18, 2016, 05:58:25 PM

Quote from: Indrawan77 on May 18, 2016, 12:26:41 AM

From my experience, the answer is no, most of them are scam and the return profit is low, and nowsday cloud mining is difficult to earn profit and the risk is big

nope hashcoin different. they are cooperating with the tools miner "I forget his name" and if memamng using ponzi system. they will be the scam in a few months. but they survive long enough

There were cases of Ponzi disguised as cloud mining services surviving very long time, or even after services like these were out of business it was hard to say if they were totally lying about mining or conducted their operations in mixed-mode. If Ponzi creators are not extremely greedy they could prolong this scheme for a long time... I was fooled before, don't follow my footsteps. Trust no one.

Even with legitimate cloudmining sites like HashNest, it's too hard to get a profit, unless you're trading GHs. Honestly there's not much point in investing BTCBTCBTC these days. You're better off with investing in businesses with fiat.

isen

sr. member

Activity: 854

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Thing is that even if the ponzi creators are not greedy(most of them are ofc) sooner or later new people will stop joining and the whole scheme will collapse.Everytime someone is going to lose money there,even if i was in profit i wouldn't feel so comfortable with other people's lost money.

Snorek

legendary

Activity: 1400

Merit: 1001

Quote from: MTBTT on May 18, 2016, 05:58:25 PM

Quote from: Indrawan77 on May 18, 2016, 12:26:41 AM

From my experience, the answer is no, most of them are scam and the return profit is low, and nowsday cloud mining is difficult to earn profit and the risk is big

nope hashcoin different. they are cooperating with the tools miner "I forget his name" and if memamng using ponzi system. they will be the scam in a few months. but they survive long enough

There were cases of Ponzi disguised as cloud mining services surviving very long time, or even after services like these were out of business it was hard to say if they were totally lying about mining or conducted their operations in mixed-mode. If Ponzi creators are not extremely greedy they could prolong this scheme for a long time... I was fooled before, don't follow my footsteps. Trust no one.

Kevin29

newbie

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Merit: 0

Nope

I doont like investing

wintermeasures

sr. member

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Quote from: pereira4 on May 17, 2016, 08:51:52 AM

Im thinking about ways to put some of my bitcoins to generate some passive income instead of just sitting there for a decade. Ive seen a lot of talking about making gains with hashocean, but it takes about 2 to 3 months for return of investment to be made, and beyond those 2 to 3 months you start making gains. Of course, who knows if hashocean will be operative in not 2 to 3 month, but tomorrow...

I never believed hyip or cloud mining. According to my thinking, if you already have enough money why should you choose a third party. Why do not manage themselves, like buying some antminer or similir with that you can get passive income. Without having to think a scam or not
thank you, just my opinion.

MTBTT

hero member

Activity: 504

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Quote from: Indrawan77 on May 18, 2016, 12:26:41 AM

From my experience, the answer is no, most of them are scam and the return profit is low, and nowsday cloud mining is difficult to earn profit and the risk is big

nope hashcoin different. they are cooperating with the tools miner "I forget his name" and if memamng using ponzi system. they will be the scam in a few months. but they survive long enough

QuestionAuthority

legendary

Activity: 2156

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You lead and I'll watch you walk away.

Why don't you just send me all your bitcoins and let me kick you in the nuts. You'll be broke either way but you'll remember me longer than Hashocean.

yayayo

legendary

Activity: 1806

Merit: 1024

Quote from: pereira4 on May 17, 2016, 09:27:50 AM

I know is a ponzi... but some people has made money with hashocean and posted proof. The question is when to cash out and leave before the collapse happens.

What you do is gambling, not investing. If you want to gamble, there are far easier ways to do that without the waiting. But maybe you want to invest in a cloudmining ponzi, because the negative feedback (loss of funds) is delayed some time, during which you can enjoy the illusion of being smarter than all others generating a big surplus...?

Also, I don't understand why you ask if one can trust the company, if you already know it's a ponzi.

If you want to earn more Bitcoin, the easiest way to do it is the same as earning money in real life. Try to do something useful that is paid for.

ya.ya.yo!

Kevin77

legendary

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Quote from: nydiacaskey01 on May 18, 2016, 01:59:56 AM

I've been hearing a lot about hashocean and if site is paying that doesn't mean they are legit and they will not scam anyone. I've seen ore-mine.org fold out and run away, same with cloudminr.io and this scrypt.cc who continues to scam people. One rule of thumb if the site paying a lot then why is it that not everyone in this world investing in that site if that is the answer worlds problem.

I somehow agree with your statement (if I understood it correctly). If a site is paying, then everyone should invest in it, right? In a way, it's good. But the bad side is that if the owners are scammers, they'd first proceed to function normally, pay on time, build up reputation and wait for everyone to invest in their program. When they get 'enough' investors, they run away. Pretty much like a ponzi scheme.

Lnh1984

newbie

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This totally reminds me of those hand written signs off freeway exits that say something to the effect of " make $80,000 a year!!!!!! No investment, paid traing" course their hand writing is super classy as well

nydiacaskey01

legendary

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I've been hearing a lot about hashocean and if site is paying that doesn't mean they are legit and they will not scam anyone. I've seen ore-mine.org fold out and run away, same with cloudminr.io and this scrypt.cc who continues to scam people. One rule of thumb if the site paying a lot then why is it that not everyone in this world investing in that site if that is the answer worlds problem.

Doms

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Quote from: The Sceptical Chymist on May 17, 2016, 09:34:50 AM

Sometimes the hardest thing to do in investing is just sitting still and doing nothing. Being patient.

The more you try to do with your bitcoin, the more likely you are to lose money--especially with cloud mining, as others have said. Just sit still and quiet.

Agreed. I'll have to charge this experience when I was still active in trading stocks. Many times, I tried to earn quick bucks, and sell stocks that could have gone higher, had I waited a little longer. Investments like these can test your patience and it is up to you how much you earn with what amount of patience you have. The same principle applies for most any kind of investment in my opinion.

110110101

legendary

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"Investing" in sites like Hashocean is just like gambling, you might make back your money if more suckers are lured in and can help pay your initial investing. Sites that pay out 1% of your investment on a daily basis is not a proof of any mining. They are most likely running some kind of fractional BTC scam, collecting funds and one day *poof*

yenxz

sr. member

Activity: 294

Merit: 250

Quote from: pereira4 on May 17, 2016, 08:51:52 AM

Im thinking about ways to put some of my bitcoins to generate some passive income instead of just sitting there for a decade. Ive seen a lot of talking about making gains with hashocean, but it takes about 2 to 3 months for return of investment to be made, and beyond those 2 to 3 months you start making gains. Of course, who knows if hashocean will be operative in not 2 to 3 month, but tomorrow...

seem very trusted and make me sure that hashocean really good and legit,also my friend told me to invest there. but i think we should considera bout long time investement,its like gambling,we dont know until when this site can give us profit,so if you interest to invest i just suggest you to invest for short term.

DimensionZ

sr. member

Activity: 350

Merit: 251

Shit, did I leave the stove on?

I think holding Bitcoin is an investment in itself because there is a high chance that you could profit by an increase in the price of Bitcoin which is very likely to happen. Relying on cloud mining services to give you any profits in months is risky because their pricing and profitability estimates will not be accurate in the future.

Pursuer

legendary

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Where is my ring of blades...

the thing about cloudmining is that you can not earn a good profit from it and also pay your investors as a company. also the amount of maintenance fee and also the difficulty which is rising over time makes the amount that is returned from your investment a very small amount and it will take a very long time to even get back your initial amount let alone make profit!

and all of this is only true if the cloudmining company is not a Ponzi scheme!

Novep

sr. member

Activity: 332

Merit: 250

Quote from: pereira4 on May 17, 2016, 08:51:52 AM

Im thinking about ways to put some of my bitcoins to generate some passive income instead of just sitting there for a decade. Ive seen a lot of talking about making gains with hashocean, but it takes about 2 to 3 months for return of investment to be made, and beyond those 2 to 3 months you start making gains. Of course, who knows if hashocean will be operative in not 2 to 3 month, but tomorrow...

Do not ever trust those cloud mining sites. They may have been payed a lot of users before but still they have risks involved. As tey are only another form of hyip. Ventually if they feel like running away with peoples money, they will.

Lnh1984

newbie

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Although I am far from versed in anything to do with bitcoin because as my membership states I'm a newbie. But even I'd say hell no. I'd say you would make more money selling Kirby vacuums(by the way I love my kirby{God I sound old}) but I'm sure there are a lot of legit sites BUT weather your investment pays you is another story. And for every legit site there is or of probably a thousand scam sites.

Enotche

full member

Activity: 196

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In no case can not to invest in the cloud Mining! This fraud, Ponzi.
Although hashocean existed for more than a year and regularly pays, you still need to be careful and be alert to the possibility that one day they will run away with your money. Everyday reviews of hashocean can read here https://bitmakler.com/hashocean___cloudmining#comments

Topic: Can you trust stuff like Hashocean? (Read 2529 times)