Cloud Token: a Ponzi with MLM attached.

tmfp

legendary

Activity: 1932

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"Common rogue from Russia with a bare ass."

Quote from: Slow death on December 09, 2019, 10:16:35 AM

Quote from: tmfp on May 20, 2019, 07:03:23 AM

Read this for further information, paying particular attention to the third comment.

I had to look for this thread, here more information about this scam scheme:

Ronald Aai reveals Cloud Token “no withdrawals” exit-scam

scammers always after scamming close the site and create another scam. in a few months or years these guys will create another ponzi site

Behindmlm.com is a very useful site for that toxic zone of crypto meets MLM; I believe that Oz (who runs it) has integrity.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: tmfp on May 20, 2019, 07:03:23 AM

Read this for further information, paying particular attention to the third comment.

I had to look for this thread, here more information about this scam scheme:

Ronald Aai reveals Cloud Token “no withdrawals” exit-scam

scammers always after scamming close the site and create another scam. in a few months or years these guys will create another ponzi site

TalkStar

copper member

Activity: 1204

Merit: 737

✅ Need Campaign Manager? TG > @TalkStar675

Quote from: Bitcoin_Makers on July 19, 2019, 08:04:43 PM

+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.

Its nothing but a daydream to keep this kinda thoughts on our mind. All these Ponzi projects just play with investors until their promotional costs exceed their daily fund collection. Its a old trick to make investors bankrupt by offering big percentage of return in a few days. This kinda ponzi projects have already been a fatal disease in crypto world and investors are pretty much careful about these scammers. I think investors are following this slogan now "SAY NO TO PONZI AND KEEP YOUR FUND SAFER"

suchmoon

legendary

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https://bpip.org

Quote from: Bitcoin_Makers on July 19, 2019, 08:04:43 PM

+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.

You do realize that the scammers have your "private keys" too? Why would they leave the funds there after "the project closes", AKA the exit scam?

1miau

legendary

Activity: 2226

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Currently not much available - see my websitelink

Quote from: Bitcoin_Makers on July 19, 2019, 08:04:43 PM

I'm not saying that the project will work so much time 100%. The life of the project is our assumption based on previous experience, and we have a very rich experience in investing in such projects.
+ we analyze all indicators and even at the slightest doubt we tell all our partners to take their money immediately.
+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.

How would you do that to give an estimation how long a ponzi will be running? That's not possible. There might be some ponzi scammers just waiting to make a fast scam and close the platform very early and some will wait longer to get more victims when existing customers bring in referrals.

Yes, of course it's depending on how a ponzi is paying, if it's 1% daily like Bitconnect it will last longer than a ponzi paying 10% per day. And I wouldn't call it "estimation" or "analysis", rather "hyip gambling".

Bitcoin_Makers

newbie

Activity: 124

Merit: 0

Quote from: 1miau on July 18, 2019, 05:16:18 PM

Quote from: Bitcoin_Makers on July 18, 2019, 04:19:40 PM

In fact, the Cloud Token project deserves attention (even taking into account the fact that it is most likely just a hyip project). In such projects, the most important thing is the ability to take their profits at the right time and stay in a big profit. Cloud Token according to the calculations of our investment company will work at least another 6-15% months for which you can earn well (10-15% monthly + profit from the growth of the CTO token). There is a similar plus Token project that has been running for over 1 year and is still paying out money. Therefore, who has a desire to participate in the project or learn more about it, write to me in Telegram @profitmaxe. If you want to receive 1.5 times more profit in the cloud Token project, then register with the code: 4901547258. After registration, write to us in the telegram @profitmaxe let us know that you have registered and let us know the last 4 digits of your account in the Cloud Token. Within 10 minutes you will be answered by our Manager and we will transfer you every 24 hours 50% of the referral profit to your Cloud Token wallet.

Nooo.

You can't know how long a ponzi will exist and there's no way to "calculate" the profits by using another ponzi and compare how long it paid. If the scammers of that ponzi have made enough money, they will shut it down, no chance to make a calculation. The vast majority will lose money in ponzis.

But hey, shill your ponzi here if you think it's a good move to make profits from your referrals losses. Tongue

And in fact, Cloud Token project deserves attention especially the scam accusation.

I'm not saying that the project will work so much time 100%. The life of the project is our assumption based on previous experience, and we have a very rich experience in investing in such projects.
+ we analyze all indicators and even at the slightest doubt we tell all our partners to take their money immediately.
+now the project added the ability to upload private keys and it follows that even if the project closes, you can always pick up your cryptocurrency directly from the Ethereum wallet.

1miau

legendary

Activity: 2226

Merit: 6947

Currently not much available - see my websitelink

Quote from: Bitcoin_Makers on July 18, 2019, 04:19:40 PM

In fact, the Cloud Token project deserves attention (even taking into account the fact that it is most likely just a hyip project). In such projects, the most important thing is the ability to take their profits at the right time and stay in a big profit. Cloud Token according to the calculations of our investment company will work at least another 6-15% months for which you can earn well (10-15% monthly + profit from the growth of the CTO token). There is a similar plus Token project that has been running for over 1 year and is still paying out money. Therefore, who has a desire to participate in the project or learn more about it, write to me in Telegram @profitmaxe. If you want to receive 1.5 times more profit in the cloud Token project, then register with the code: 4901547258. After registration, write to us in the telegram @profitmaxe let us know that you have registered and let us know the last 4 digits of your account in the Cloud Token. Within 10 minutes you will be answered by our Manager and we will transfer you every 24 hours 50% of the referral profit to your Cloud Token wallet.

Nooo.

You can't know how long a ponzi will exist and there's no way to "calculate" the profits by using another ponzi and compare how long it paid. If the scammers of that ponzi have made enough money, they will shut it down, no chance to make a calculation. The vast majority will lose money in ponzis.

But hey, shill your ponzi here if you think it's a good move to make profits from your referrals losses. Tongue

And in fact, Cloud Token project deserves attention especially the scam accusation.

Bitcoin_Makers

newbie

Activity: 124

Merit: 0

In fact, the Cloud Token project deserves attention (even taking into account the fact that it is most likely just a hyip project). In such projects, the most important thing is the ability to take their profits at the right time and stay in a big profit. Cloud Token according to the calculations of our investment company will work at least another 6-15% months for which you can earn well (10-15% monthly + profit from the growth of the CTO token). There is a similar plus Token project that has been running for over 1 year and is still paying out money. Therefore, who has a desire to participate in the project or learn more about it, write to me in Telegram @profitmaxe. If you want to receive 1.5 times more profit in the cloud Token project, then register with the code: 4901547258. After registration, write to us in the telegram @profitmaxe let us know that you have registered and let us know the last 4 digits of your account in the Cloud Token. Within 10 minutes you will be answered by our Manager and we will transfer you every 24 hours 50% of the referral profit to your Cloud Token wallet.

TalkStar

copper member

Activity: 1204

Merit: 737

✅ Need Campaign Manager? TG > @TalkStar675

Hopefully they will continue still that time when they will get enough new investment from new users and as a cycle they will give others returns. When incoming investment will be lower than daily payouts they will obviously shut down their project. Personally i think there is no future for this kind of MLM projects. Sooner or later they will left the market with investors fund like "Uday Nara" did the historical scam. I have enough trust on our forum investors that they will not put their money on this kind of project atleast.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Very simply as the thread title says, Cloud Token has no verifiable revenue generation, relying solely on new investors money to pay out

Quote

10% to 15% monthly

thus being

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an automated money making machine

aka a Ponzi pretending to use miracle arbitraging software, with affiliate recruitment thru the deep MLM structure being the lucrative angle.

Quite a straightforwardly obvious scam so I'm not going to waste my posting time or your reading time elaborating on it further here.
Read this for further information, paying particular attention to the third comment.

Quote

I can safely say that the Cloud Token “wallet” has no capability of being a crypto wallet in of itself at all.
All they did was make a mobile interface using Java, with no actual cryptographic functions at all. It is simple an interface to create an online account on Cloud Token’s private servers. Meaning, it’s just someone else’s wallet.

Topic: Cloud Token: a Ponzi with MLM attached. (Read 371 times)