Topic: golden-farm.biz - legit or scam (Read 293 times)

Well technically you don't need to invest. If you are not sure the website is legit, just try it for free and try reaching the minimum withdraw threshold (which is just 30 cents if I'm not mistaken).
I've asked a bunch of friends of mine to be mine referral as a joke so this should speed up the process.

Just my 2 cents advice, never invest in those sites. Play with it if you have time to spare, they are not worth the risk.

Sometimes when people fall for scam, its always due to their own handwork and nothing else and the annoying part of the issue is that the victim is always not a first timer to have fallen for such activity. When I see some sites that just pop up promising some rewards for certain activities, the first and only question and informed mind should ask is '' If I am the one on the other side of this site, can I really pay what this sites is promising for the effort that this site is asking me to put in. The moment one can answer this question genuinely, then there is no need for question threads as to whether a site is scam or not. Its simply a self discovery exercise and nothing else.

By the time you take action, this site would be long gone. They just go away for a few months to redesign the site and when you least expect them, they start the site up again under a new domain and with new farm animals.

You do not even have to look at the numbers, because even a blind person without a stick can see this is a scam. Also reporting the domain does not help, because they dump it when they see people poking a stick at it.

You have to look at the business model/concept to see the underlying scam, because the rest is just eye candy.  

You are so right. I just spent half an hour doing some math for this app. If someone made an initial deposit of $500 to get the earnings started and compunded your earnings the results are INSANE and IMPOSSIBLE.
They split earnings being payout cash and game silver to buy more birds. If you withdrew your cash earnings each month, you will be paid back in just three months. However, if you then use your game silver and bought the most expensive birds each months here are the results on month 12:

IN GAME SILVER COINS COMPOUNDED FOR TWELVE MONTHS WILL GIVE YOU $13,668 per month to spend on more birds

PAYOUT CASH INCREASES EACH MONTH WITH MORE BIRDS. If you cashed out every month and compunded your silver coins by buying more birds by MONTH 12 you will be earning $4797 per month

All this from a $500 deposit to get you started.

It works out at a 38.46% increase of buying silver each month and an increase of 35.48% for payout cash per month.

No business on the planet can sustain payouts like this and I find it so sad that people fall prey to websites like this. I can only assume that they have designed it this way to target kids which makes the scam even worse in my books.

Another alarm bell that people need to realize is the need to make a deposit to get started. While the fake earning advantage may appear to be in the hands of the user, the quick exit is there for the scammer if there is a large deposit.

I'm going to start taking action against sites like this that target kids. Not sure what affect I could have but I'm gonna see who I can report them to to try and get them shut down.

It is a scam, I played on their previous sites that look and work almost the same and after a while the "market place" stop working and you cannot

do any withdraws anymore. The site is a typical Ponzi scheme, where they take new people's money to pay other people's rewards, until the new

people dry up and then the site just goes away and pop up with some new name and some changes to the graphics. All these sites work on the

same concept as explained above. Eggs / Cows / Sheep / Fish / Honey... they have done them all.  

you are right, they are back, maybe it was temp they got offline, cause now i log in it says they updated their servers.

Thx

Rocket Racoon

They're gone?

https://golden-farm.biz is up and fully running.



I cant say their legit nor a scam yet i havent tested out this site.

Not a surprise. Anyone who is there in this crypto-world for 2-3 years know can easily identify Ponzi programs. Looking at the OP's post the biggest red flag- "High withdraw" should be enough to identify that it is a trap and nothing else. Giving you money for doing nothing or risking - "Scam".. These are the basics but I guess some guys here gets blinded when they see free road to easy money.

So this could be the reason why they have a good traffic rank I've checked on their Alexa traffic rank
https://www.alexa.com/siteinfo/golden-farm.biz#trafficstats  This site ranks #12,097 in global internet engagement
No way for a new site to have that kind of traffic rank, this is a good cloak and to gain positive feedback because they are an old site

i collected quite a bit for several weeks (never invested) but today i wanted to check in today, it warns of an unsecure connection.

Searching for the site on google reveals that "golden-farm.biz. Buy this domain. 2019 Copyright. All Rights Reserved. The Sponsored Listings displayed above are served automatically by a third party."

Seems they are gone, oh well, i should not wonder


greetz, Rocket Racoon

Seems to be offline since the morning now!  Huge Surprise 

for your post history:

https://bitcointalksearch.org/user/ratas-2649315

This is not the first time you ask about such sites:

✅ My Solid Coin 🏆 Micro-Economy 🚀 Earn up to 300,000 satoshi a month for free!

Do you believe these sites offer money? How would they survive if they offered money? they are scammers

I've seen a number of these types of games in the recent past on this forum, and I recall all of them ended up running away with users' funds in the end. Too good to be true, and it's almost certainly a scam. Don't bother wasting your money on something like this. Interestingly enough the site states it's been around since 2013 at the bottom of the page, though the whois lookup I performed shows the domain was registered sometime in 2016. I would still not recommend using this site at all even though the domain's been around for a while because of everything else listed in this post and in the rest of the thread, though.

No need for reviews. Pretty sure its a fraud just by looking at their business model.

It works in a way where the users have an overwhelming advantage over the system which makes the promised returns unsustainable as they would go out of business bc they're basically giving out money.

So how do they earn and keep their site running? by stealing users funds

Try to check out for yourself : https://www.youtube.com/watch?v=DsGEGhwmjJk
Another similar copy cat website : https://goldenfarm.xyz/

hello comunity

https://golden-farm.biz/

i ask if anyone play here and , ask regulars payouts.

if are proof they are legitim .

i start playing about one month and invest some coins but the withdraws limits are high and i need to know if are a legitim site or a scam (ponzy ) site

with no refer ,all i want to know is the true about them.

they are many users online, some proofs od last withdraws made,but i dont see real members replys about them.


if anyone can reply with 100% sure. is goof to everyone that play this good game.


Regards to everyone.