I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
Trading and buying BTC, yes they re legit. They do not offer cloud mining anymore.
Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 46. (Read 361434 times)
Trading and buying BTC, yes they re legit. They do not offer cloud mining anymore.
I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
The question is not whether it is legit or not. IT IS OBSOLETE. Forget it. Go Hashnest or Bit-x or go home.
I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
cex.io suspended cloud mining back in January 2015.
thanks dude.
So at this time there is none a legit/working service right now?
wanna invest in cloud mining...
Check out https://bit-x.com!
I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
cex.io suspended cloud mining back in January 2015.
thanks dude.
So at this time there is none a legit/working service right now?
wanna invest in cloud mining...
I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
cex.io suspended cloud mining back in January 2015.
I'm kinda newbie, so really need a quick answer, cex.io is legit or not?
I bought 100GH/s from both CloudMinr & Bitcoin Cloud Services (before coming onto this forum to see what people thought of cloud mining).
Both have been paying out on the schedule and approximate amount that they claim so far (I know that does not mean anything with regard to being Ponzi or not, but at least they are not just 100% scam, i.e. take your money and dont pay at all).
From reading almost this entire thread, it sounds like there are people that do not understand what a Ponzi scheme is, read the first post carefully people, it explains it well, especially in regard to cloud mining.
Can anyone tell me how long those two cloud mining companies have been going for? As obviously, if it is a Ponzi that I have accidently got myself involved with, the earlier the better...
Both have been paying out on the schedule and approximate amount that they claim so far (I know that does not mean anything with regard to being Ponzi or not, but at least they are not just 100% scam, i.e. take your money and dont pay at all).
From reading almost this entire thread, it sounds like there are people that do not understand what a Ponzi scheme is, read the first post carefully people, it explains it well, especially in regard to cloud mining.
Can anyone tell me how long those two cloud mining companies have been going for? As obviously, if it is a Ponzi that I have accidently got myself involved with, the earlier the better...
Bitcoin Cloud started somewhere in April 2014 I think.
I bought 100GH/s from both CloudMinr & Bitcoin Cloud Services (before coming onto this forum to see what people thought of cloud mining).
Both have been paying out on the schedule and approximate amount that they claim so far (I know that does not mean anything with regard to being Ponzi or not, but at least they are not just 100% scam, i.e. take your money and dont pay at all).
From reading almost this entire thread, it sounds like there are people that do not understand what a Ponzi scheme is, read the first post carefully people, it explains it well, especially in regard to cloud mining.
Can anyone tell me how long those two cloud mining companies have been going for? As obviously, if it is a Ponzi that I have accidently got myself involved with, the earlier the better...
Both have been paying out on the schedule and approximate amount that they claim so far (I know that does not mean anything with regard to being Ponzi or not, but at least they are not just 100% scam, i.e. take your money and dont pay at all).
From reading almost this entire thread, it sounds like there are people that do not understand what a Ponzi scheme is, read the first post carefully people, it explains it well, especially in regard to cloud mining.
Can anyone tell me how long those two cloud mining companies have been going for? As obviously, if it is a Ponzi that I have accidently got myself involved with, the earlier the better...
Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
Draw your own conclusions...
What if they had got 25+BTC before April 23?
I used my model to calculate that as well. In the past they made (huge) profits. This is the first time they are losing Bitcoin for a period of time.
It is very likely that Bitcoin Cloud Mining is a Ponzi scheme. As such they will probably not want to run on a loss for a long period of time. If they continue to lose money, I would expect them to shut down the operation in the next couple of weeks.
Heh. We ll see how good are your forecasts. For the sake of people who invested there, I home your are wrong.
Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
Draw your own conclusions...
What if they had got 25+BTC before April 23?
I used my model to calculate that as well. In the past they made (huge) profits. This is the first time they are losing Bitcoin for a period of time.
It is very likely that Bitcoin Cloud Mining is a Ponzi scheme. As such they will probably not want to run on a loss for a long period of time. If they continue to lose money, I would expect them to shut down the operation in the next couple of weeks.
It's like investing in a black box..., they don't provide any proof, they don't publish anything, they don't care about electricity cost or fees either...
You just give them your money and hope for the best. How do you even know your investment is in any way related to bitcoin activity?
Think about that
Plus using fake photoshopped pictures on their front page instead of actual images of their mining farm, if they have any.
You just give them your money and hope for the best. How do you even know your investment is in any way related to bitcoin activity?
Think about that
Plus using fake photoshopped pictures on their front page instead of actual images of their mining farm, if they have any.
I would like to know how is it different for Bit-X ?
i. No mining address.
ii. No identity of the people behind Bit-X.
iii. No payment proof.
They are only eyewashing people with the BitFury vouch that they could easily got by bribing them. We have already seen similar scam when AsicMiner vouched for Hashie. A mining manufacturer's vouch is no proof at all and OP should drop it from a point of legitimacy proof.
It's like investing in a black box..., they don't provide any proof, they don't publish anything, they don't care about electricity cost or fees either...
You just give them your money and hope for the best. How do you even know your investment is in any way related to bitcoin activity?
Think about that
Plus using fake photoshopped pictures on their front page instead of actual images of their mining farm, if they have any.
You just give them your money and hope for the best. How do you even know your investment is in any way related to bitcoin activity?
Think about that
Plus using fake photoshopped pictures on their front page instead of actual images of their mining farm, if they have any.
Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
Draw your own conclusions...
So you are saying you think they are legit?
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
Draw your own conclusions...
What if they had got 25+BTC before April 23?
Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.
Draw your own conclusions...
Draw your own conclusions...
thanks gr mining pay me now,,,i don"t post picture or link,newbie bitcointalk
Why would they pay you, they are a ponzi and a scam
Get your money out if you still can NOW!And do your research next time before investing...
Even if they paid you once, they won't the second time.
thanks gr mining pay me now,,,i don"t post picture or link,newbie bitcointalk
gr mining no payout 2 weeks ,,scam site hate
Again, no photos, no mining address, NO MONEY. Simple, very simple.
[No, it's legit cloud mining from indonesia
I have seen their mining proof some time ago & i heard someone already seen their mining center.
But, their contract price is too high
I have seen their mining proof some time ago & i heard someone already seen their mining center.
But, their contract price is too high
You call that a farm? My toilet has more miners on top of it.
Yes, it does look like someone`s garage.
Your toilet should be a very hot place sir
Don't think its the best place to keep them, very noisy and causing stress, and the toilet is meant to be a place of peace and concentration, a safe haven. But whatever it takes to keep mining...
Don't think its the best place to keep them, very noisy and causing stress, and the toilet is meant to be a place of peace and concentration, a safe haven. But whatever it takes to keep mining...
Jump to: