Topic: Cloudthink.io - the next scam in town? (Read 2327 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?

indeed. but they're doing all they can to censor their moderated threads. and some people don't care enough I guess

Now he not paying avatar campaign and not paying twitter campaign too, iam confused why some people use his signature and avatar campaign, are user not see negative trust and he is scamer

Ok, didnt think campaigners are that brave.  Taking part in a campaign everyone says is a scam, paid only once and no escrow. Thats corageous... or stupid... depends on how you want to see it. 

If they really started to take the payment date back in time then it seems to be time to close the case for the scammer.

I cant imagine though that he made a lot of money with this.

Nope, no trusted escrow provider doesn't want to escrow the sig campaign.. Monbux actually decided to take care of the escrow but i think it was already too late

Isnt the payment deposited with an escrow? I thought at least that was secured... it would be wise to leave as soon as the escrow doesnt hold enough coins to pay the advertiser.

I wonder how long this goes... and will be interesting to observe the realization phase of customers and promoters.

They aren't actually paying any more. For now there are only promises that the next payment will be in a few days , and people are still tweeting and posting in the hope that they will get paid.

Even more irritating is that there are actually users that buy hashrate at cloudthink.io. There was a thread, i read some hours ago, where someone asked if, when the difficulty drops, the profit shouldnt rise. He had bought, if i not remember wrong, for many USD, and it looked like it did not follow this simple pattern.

Im really not sure why people would not at least check such a website through google. They surely would have read one or another warning.

Money makes the world go round. As long as they keep on paying, people will still advertise them..

This is inconsistent ponzi scheme and sooner or later will be scam.


Because the rate per post. And the payout is inconsistent too.

It's a bit irritating is that there are still people joining their twitter and signature campaign... they're quick at deleting negative stuff from their threads

I dont believe a word of it personally.

"If it sounds too good to be true, it probably is"

Thats not even needed. There might be some sockpuppets of mirjanka but it would be a huge amount of work.

There are enough users on the forum that only create and buy accounts in order to be able to earn money with posting signatures. Many have multiple accounts. And since they have poor quality of posts they are in constant search of new campaigns. A campaign that is paying way more than others, the funds in escrow and already paid out once... they will take it. Its a job for them and when you that far as having multiple accounts for posting, to beat the system, then i imagine its a not so big step to promote them.

just check the trust rating https://bitcointalk.org/index.php?action=trust;u=354495 - nuff said

It's obvious that site is ponzi & will become scam in future
It's even worse than BCS which has few "proof"

Also, they launched signature & avatar campaign to attract many people to their site.
I hope everyone who joined their campaign will get negative trust

like another Ponzi site but This site is not reasonable HIGH RISK AND LOW PROFIT
look this price https://cloudthink.io/invest/
He paid only 10% /month not like another ponzi site 200-300% in 10day,

This site not have "real hardware" to mining, and not reasonable between risk and profit
Not interesting to invest 

sweet in the beginning and then the bitter in the end

of course its a scam, sooner or later all cloud mining crap falls unless they stop in time and do something other than cloud mining.

but highly unlikely.

I can understand how some people can fall for a scam but not this one.  100 percent return?  Really?  Who would fall for that claim? 

Only fools and ponzi lovers are going to invest..


as long as they are paying their participants and making them happy, it will still continue.. 

cloud mining sites its like the new trend now in scams, so, prepare, more are coming for sure.

They have indeed invested a lot in there advertising but I can't work these people out who are aimlessly selling there signature to a scam   Hopefully them guys selling out get black balled and can't join any other campaigns. I for one will be rejecting them if they only come running when the scam has finished. 10% to 100%   I would say it is the next scam in the making.. Not sure it will catch many even with this crazy advertising they are spewing everywhere, people are not as easily fooled as they once was, well that is what I would like to think.

because they invested shit lot of BTC for paying sig/avatar campaigns, facebook/twitter social reach or adsense. it is so hard for them to stop now - imho those costs for promo are not covered yet..

Anywhere from 10% to 100% sounds like you can't lose.
Anything that says that you cannot lose is a fantasy and/or a scam.

Easy to spot really!

Thanks.  I was thinking of applying for their sig campaign, but after reading in that thread there is no way I would want anything to do with them.  This is why due diligence is very important people!

their site is not even fully secure, based on the lock of chrome

why they are still running their scam undisturbed, with still plenty of users that are advertising their scam?

lying, stealing, hiding information, and deleting posts? sure they are legit.

it's just too bad that their signature campaign is still up and going after all that, though.

Yes. Scam with almost certainty.

I have also notice that many users which intentions I consider "questionable" is wearing they signature and avatar. Would not be suprised if all of them are just shills of mirjangka. I mean what signature campaigner would trust that shit? Also it is very smart of a scammer to have a bag of shill account to advatice they scam, instead of actually paying someone. Scammers is proberly the type of people who have the most difficulties paying anybody for anything. 

https://bitcointalksearch.org/topic/cloudthinkio-removed-management-pictures-after-being-caught-with-stealing-1074272 

What do you think? a 100% return sounds reasonable...