Topic: Cloudthink.io - the next scam in town? (Read 2322 times)

there are also other groups they are paying out, but hard to say if they are supposedly real investors
https://blockchain.info/tx/2d6a9c674802389cf02fdb828ca89f19270563998adfd20aed3b499ae1755f32

but unfortunately this payment proof didn't came from the real investor and only from who users to get free packages from this site
https://bitcointalk.org/index.php?topic=1093345.60

Not everything. Hashnest looks pretty legit to me. Well if Bitmain is a scam then I don't know what's not...  There are some others worth taking a look at like Bit-x. New company HaoBTC looks nice too..

Yes folks, this company will soon announce themselves the bench and it will be a lot of unhappy people.

This. Of course it's a scam, like everything cloudmining
Just stay away from it, and you will be good..

If you are researching again you will get his message like this
Public Note: CloudThink Daily Investor Payout (Investor Group #65) - June 20
i see on this addres
https://blockchain.info/address/1Krunox7kGyFcyiPvCvPuSLQwJ7AjF4zZ4

hi say Investor Group #65 it explains that use ponzi system

they called themselves cloud mining site but i can't see mining hardware and members daily payment proof
and they stop all the campaign here i think this site more close to be a scam site

they got busted here on the forums. it's only a matter of time until they're gone now

And now, their closed their campaign, the reason is people here not trust to their company (of course ).
This is one step their scam scheme will revealed.

I think it's their strategy to rely only on raw advertising in here and in banner ads also. They intentionally avoid any real discussions and hope to scam some mindless noobs clicking their banners..

There re much safer options generating equal or even better profit. I personally do not invest into anything I cannot control 100%. Only coins which I am able to sell.

Doesn't look like it. They paid out for the twitter/signature and avatar campaign partly. They seem to be avoiding payment in some cases. They are probably spending that money to do guerilla marketing and advertising in the hope to trap a few investors. Since their minimum investment is too high ,therefore even a few investments will help them fund all their work and they will probably just pull an exit scam after that.

even if they still pay for signature campaign and social media campaign that will not guarantee if they will not be scam someday
and i think they only wait the right time to be a scam site

Interesting to see that they only offer packages from $499 and up. Most people don't have that much money to spend on these types of speculative investments so I doubt they will get many customers.

Personally, I'm leaning more towards it being a ponzi although I can't really say for certain since I have no proof. A guaranteed profit of 10-45% and an expected profit of 13-100% sounds too good to be true compared with other cloud mining firms which tend to advertise much more modest returns. If they provided proof of actual mining, then of course I would reconsider my stance.

That being said, I wonder if it's technically feasible for them to offer such returns assuming that everything they say is true (i.e. if they get free electricity from hydroelectric, solar, and/or wind energy and have access to state-of-the-art ASIC technologies). Most cloud mining firms have contracts which reach ROI in 3-6 months assuming no difficulty increases but that's with existing hardware and electricity costs taken into account.


It's been done before many times. One particular example that come to mind is Cryptory. They also sold cloud mining investment packages and also claimed to be using the latest ASIC technologies to gain an edge over competitors as well as offering guaranteed profits just like this one. They lasted for about six months before disappearing.

because they are still paying signature campaigns and there is no announcement thread or feedback from "customers", is hard to say, what is current health status..

Didn't they collapse already?

Because people want bitcoin, and they who participated in their campaign complained about the delay payment. Sooner or later they will collapse I think.

People do that only in the hope of getting paid. In the past the owner has delayed payment for 2 days , so people feel it will always be paid after a delay which has already been 4 days it seems also will last for a couple more days. People shouldn't have signed up in the first place.

  Its easy to become cynical with the hard way we learned about scams and all. 

Though dadice is not connected to cloudthink.io. The critics for dadice are that they dont want to show their coldwallet. The initial investors dont want to be identified. Not the best practise i think.

Next thing is that it was possible to hack the chat and withdraw the coins from hotwallet. Though there were only 0.008BTC in there. Or so. The security hole is fixed now but it seems they did not really fix it before when they were pointed to it.

So far its not the best way to handle things. Im not sure if dadice makes profit at all. They spend much on the campaign. But thats something thats up to the investors. If the investors dont want to show the cold wallet then they have to life with red trust for dadice. Which will lower the income for sure.

And being hacked and having the security fixed is a good thing at this point. I dont have problems so far since there seems to be no victims. Investors should know and find out if the site is profitable at all. And i did not hear of problems with a withdraw yet.

arent they the same guys that run Da Dice?  Da Dice also gets accused of scamming quite a bit too. I'm not really up to snuff on these things. I never gamble and I am so over investing in anything in the btc sphere that the very mention of the words BTC and investment turn my stomach.

anyone interested in my 100 shares of ASICminer? maybe you can figure out why I'm cynical?