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Topic: CoinClockWork SCAM (Read 1118 times)

hero member
Activity: 756
Merit: 500
I don't bite.
August 18, 2015, 11:03:03 AM
#35
indeed sir will run if already got profit Tongue
Rinse and repeat if you want to earn more from scamming through ponzi. Roll Eyes
Most of the ponzi owner in this section do that.

Seriously, please don't do that. Angry
full member
Activity: 154
Merit: 100
August 18, 2015, 10:44:16 AM
#34
not surprise again if web investment scam Cheesy
No surprises here.
Any ponzi/HYIP launched in this section will eventually run away with investor funds, except for some though. Smiley
indeed sir will run if already got profit Tongue
hero member
Activity: 756
Merit: 500
I don't bite.
August 18, 2015, 10:38:55 AM
#33
As expected, indeed. But in this case none of the investors were paid over 100% of their deposit.
I was at 78%. Which means he only got some dust out of it, as he failed before the site got successful and traction.
Most investors were a day or so from ROI, so he ended up with maybe 3 BTC or less..
For a now unusable custom site, script, etc..
Hardly seems worth it.
At least you get back some of your coins.
Don't expect more from a ponzi. Roll Eyes
sr. member
Activity: 436
Merit: 250
August 18, 2015, 09:22:18 AM
#32
not surprise again if web investment scam Cheesy
No surprises here.
Any ponzi/HYIP launched in this section will eventually run away with investor funds, except for some though. Smiley

As expected, indeed. But in this case none of the investors were paid over 100% of their deposit.
I was at 78%. Which means he only got some dust out of it, as he failed before the site got successful and traction.
Most investors were a day or so from ROI, so he ended up with maybe 3 BTC or less..
For a now unusable custom site, script, etc..
Hardly seems worth it.
hero member
Activity: 756
Merit: 500
I don't bite.
August 18, 2015, 09:14:03 AM
#31
not surprise again if web investment scam Cheesy
No surprises here.
Any ponzi/HYIP launched in this section will eventually run away with investor funds, except for some though. Smiley
full member
Activity: 154
Merit: 100
August 18, 2015, 09:06:59 AM
#30
not surprise again if web investment scam Cheesy
full member
Activity: 157
Merit: 100
August 18, 2015, 08:40:24 AM
#29
as expected...
you failed on their story im sorry for you
hero member
Activity: 756
Merit: 500
I don't bite.
August 17, 2015, 08:59:50 AM
#28
What you mean by "signs in his code"?
Also, what if he came up with different design?
I mean, there is no way you can trace him with by just comparing the design. Roll Eyes
We'll see.
I'm pretty sure you can do it.
I hope CoinClockwork will come back with different name and design so you can kick them ass. Tongue
sr. member
Activity: 436
Merit: 250
August 17, 2015, 08:40:46 AM
#27
What you mean by "signs in his code"?
Also, what if he came up with different design?
I mean, there is no way you can trace him with by just comparing the design. Roll Eyes

We'll see.
hero member
Activity: 756
Merit: 500
I don't bite.
August 17, 2015, 08:06:49 AM
#26
Well, there are signs in his code, also the design and setup is very different than other ponzi's.
We have partial copies of the site saved, so comparing them is easy.
What you mean by "signs in his code"?
Also, what if he came up with different design?
I mean, there is no way you can trace him with by just comparing the design. Roll Eyes
sr. member
Activity: 436
Merit: 250
August 16, 2015, 12:52:37 PM
#25
You going to report them to their host if they come with another name?
But... how are you going to know if the new ponzi is them(CoinClockwork)? Roll Eyes

Well, there are signs in his code, also the design and setup is very different than other ponzi's.
We have partial copies of the site saved, so comparing them is easy.
hero member
Activity: 756
Merit: 500
I don't bite.
August 16, 2015, 11:04:51 AM
#24
Ah, the scammer and exploiter has returned..

Well, we are as his biggest investors (Team CryptoBanter) actively monitoring sites. As soon as he pops up again we'll notify his host and warn people in the BCT threads and elsewhere.
And as his first and biggest investors, it will mean a lot less deposits to start with.

Now he got away with less than 3 BTC, so he'll be back for sure, as it didn't earn him much..
You going to report them to their host if they come with another name?
But... how are you going to know if the new ponzi is them(CoinClockwork)? Roll Eyes
sr. member
Activity: 436
Merit: 250
August 16, 2015, 10:37:12 AM
#23
Let me tell you a secret, soon the game starts again with a new name and design will also be eliminated all errors, the wait is not long.

Ah, the scammer and exploiter has returned..

Well, we are as his biggest investors (Team CryptoBanter) actively monitoring sites. As soon as he pops up again we'll notify his host and warn people in the BCT threads and elsewhere.
And as his first and biggest investors, it will mean a lot less deposits to start with.

Now he got away with less than 3 BTC, so he'll be back for sure, as it didn't earn him much..
sr. member
Activity: 436
Merit: 250
August 16, 2015, 10:32:47 AM
#22
Well, i know for sure CCW will be back with a game after some time, who wouldn't?

And of course (EnlargeOK is different there) most ponzi's don't run for more than a few weeks.
But in this case, especially with the exploit found by Clipman77 and Vasilich, he didn't earn enough for all the time and money the OP spent building site and scripts.
All ponzi's will fold after a certain time, but if at least a few were paid out the 200 hours, more would (re)invest.

So, choosing to abandon the project might be the easiest way, but also the most stupid.

He would gain more refunding everyone what he agreed to and then reset.
This would also get people to advertise, etc, as it seems CCW did not really promote it anywhere.

Then his biggest investors from team CryptoBanter would be back as well AND after the ponzi has run it's course, he could setup a new one.

Now, we'll do everything in our power to prevent that and try to warn everyone.
newbie
Activity: 28
Merit: 0
August 16, 2015, 10:25:18 AM
#21
Let me tell you a secret, soon the game starts again with a new name and design will also be eliminated all errors, the wait is not long.
hero member
Activity: 756
Merit: 500
I don't bite.
August 16, 2015, 10:06:54 AM
#20
Clipman just made matters worse by exploiting the bug to withdraw the pot and it caused the ponzi to collapse much sooner than it would have otherwise. However, by observing CCW's behavior he would have scammed too early anyway, he was very bad at managing the project and sucked at marketing it to make it a success for himself and for early investors. He missed a great opportunity, he could have made 50 BTC or more. Just look at the success of EnlargerOk with over 130 BTC and 34,000 USD deposits but using a far less complex script.  But no, instead CCW decided to take chump change in exchange for his feeble efforts.
Well said, but you forgot that Vasilich also involved in exploiting the bug.
I'm pretty sure CoinClockwork not intend to stay longer in ponzi world.
I mean, they just want to collect and run away. Embarrassed

Clipman just made matters worse by exploiting the bug to withdraw the pot and it caused the ponzi to collapse much sooner than it would have lol dude, the amount they took from the site vs the amount ccw took from y'all is nothing. the amount won't affect the sustainity as it was about to collapse anyway. No supporting anyone here, just saying.
Let me give you an example.

1. CoinClockwork launched.
2. User A, B and C and they deposit into CoinClockwork BTC1, BTC2 and BTC3 respectively.
3. User B found a bug and exploit it. He earn BTC3 from the bug.
4. The balance in the system is now BTC3.
5. CoinClockwork realize that there is a problem and ask everyone to stop deposit their money/Bitcoin.
6. CoinClockwork promised to refund and launch v2, then, they realize they do not have enough money to refund everyone.
7. Huh

If you were CoinClockwork, what would you do in 7?
a. Refund investor 50%-100% of their initial amount deposited.
b. Launch v2, no refund.
c. Run away with the remaining fund.
d. Do nothing.

I'd choose a. What about you?
At least they tried to refund everyone.
hero member
Activity: 602
Merit: 501
August 16, 2015, 09:15:41 AM
#19
So, CoinClockwork became a scam because of Vasilich and clipman77 exploit the bug that they found in the system.
Seriously, this won't happen if both of them did not exploit the bug. Angry

scammers always blame others .. lol .. it was a known scam from day one.

Clipman just made matters worse by exploiting the bug to withdraw the pot and it caused the ponzi to collapse much sooner than it would have otherwise. However, by observing CCW's behavior he would have scammed too early anyway, he was very bad at managing the project and sucked at marketing it to make it a success for himself and for early investors. He missed a great opportunity, he could have made 50 BTC or more. Just look at the success of EnlargerOk with over 130 BTC and 34,000 USD deposits but using a far less complex script.  But no, instead CCW decided to take chump change in exchange for his feeble efforts.



lol dude, the amount they took from the site vs the amount ccw took from y'all is nothing. the amount won't affect the sustainity as it was about to collapse anyway. No supporting anyone here, just saying.
sr. member
Activity: 358
Merit: 250
August 16, 2015, 07:55:54 AM
#18
So, CoinClockwork became a scam because of Vasilich and clipman77 exploit the bug that they found in the system.
Seriously, this won't happen if both of them did not exploit the bug. Angry

scammers always blame others .. lol .. it was a known scam from day one.

Clipman just made matters worse by exploiting the bug to withdraw the pot and it caused the ponzi to collapse much sooner than it would have otherwise. However, by observing CCW's behavior he would have scammed too early anyway, he was very bad at managing the project and sucked at marketing it to make it a success for himself and for early investors. He missed a great opportunity, he could have made 50 BTC or more. Just look at the success of EnlargerOk with over 130 BTC and 34,000 USD deposits but using a far less complex script.  But no, instead CCW decided to take chump change in exchange for his feeble efforts.



hero member
Activity: 756
Merit: 500
I don't bite.
August 16, 2015, 07:54:23 AM
#17
scammers always blame others .. lol .. it was a known scam from day one.
True that. They fool me with their words, lol!
Fortunately I did not invest in their ponzi. Roll Eyes
hero member
Activity: 602
Merit: 501
August 16, 2015, 07:43:36 AM
#16
So, CoinClockwork became a scam because of Vasilich and clipman77 exploit the bug that they found in the system.
Seriously, this won't happen if both of them did not exploit the bug. Angry

scammers always blame others .. lol .. it was a known scam from day one.
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