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Topic: How cloud mining ponzis nearly ruined my bitcoin business completely - page 2. (Read 2159 times)

full member
Activity: 178
Merit: 100
Thank you all so much for the kind words.

I see that bitcoiners are people with real soul!
legendary
Activity: 1302
Merit: 1025
Hi, my name is Tyler.
Hello Tyler! I'm jacee. Smiley

Quote
YET EVERY DAMN CLOUD MINING SITE TURNED OUT TO BE A PONZI! And I lost ALL my coins.
What can I say? Hm.. You go all the way through searching for every single cludmining legitimacy but you never came accross a thread where all cloud minings are all the same? They are all ponzi an I 've seen posts about it that's why I don't invest in such.

Quote
I was a newbie and I made a bad decision,
Everyone makes a mistake. You jut hae to learn from it.
Quote
But why is there so much anger at me,
Provably because they are wondering why you fell in those cloudmining bait.
Quote
when ultimately...
those cloud mining sites are at fault
That is somewhat false. It is not the cloudminings fault you lost your money. I is yours because you put your money in it.
No one will steal if No one will let them steal.
Quote
and should not exist?
I agree they should not exist but what can we do? We don't control what other people  does on the internet.
Quote
Why is there not greater effort to jail thieves like this?
I think somehow there are people who tried but never succeeded.
Quote
Why is there not a hacker community taking down ponzis before they are allowed to hurt honest people?
Because that is not their responsibility. Each persons money is their own responsibility. Your koney, you need to take care of it.
Quote
Why the hell or HOW the hell are those people happy with themselves doing "business" the way they do???
Their theives. All they care about is money. No concience. They only care about makin theirselves rich.


I wish you manage to gather yourself up from this loss. Take it as a lesson and promise yourself that from bow on you will be more cautious to where you will put your money.
hero member
Activity: 994
Merit: 544
Hi, my name is Tyler.

I work for minimum wage in America and am tired as fuk most of the time.

I know what you are thinking, "join the club." Its hard being broke as a joke.

When I first got into bitcoin, I was working on creating a website. I got a 1.5 bitcoin loan or so from bitcoin jam.
My plan was to invest in cloud mining and use the daily profits to advertise.
Facebook charges you $10 for 10 visitors, yet you can get 10 higher quality bitcoin enthusianados for 7¢ worth of bitcoin.
I didn't need to invest all the bitcoin into advertising all at once, so I thought why not do it incrementally?

I was hoping to invest my cloud mining profits at a few bitmil a day and drive traffic to my site to build a following slowly.

I knew cloud mining was risky so I diversified and even did research to make sure each company had a valid POOL.

YET EVERY DAMN CLOUD MINING SITE TURNED OUT TO BE A PONZI! And I lost ALL my coins.

Cointellect - hashie - hashprofit - scrypt.cc - cloudhasher - probably 1 or 2 others.... ALL SCAMS.

I was a newbie and I made a bad decision, yes. But why is there so much anger at me, when ultimately...
those cloud mining sites are at fault and should not exist? Why is there not greater effort to jail thieves like this?
Why is there not a hacker community taking down ponzis before they are allowed to hurt honest people?
Why the hell or HOW the hell are those people happy with themselves doing "business" the way they do???


https://btcjam.com/users/18903
I still owe a little over a bitcoin and I got a new job and will pay it back soon.
That is my promise to this community.

It sucks because I worked for 2 solid weeks of my life
just to pay off thieves instead of focus on my business. I'm just sharing my pain here I guess...

I also just wanted to let everyone know I am a genuine guy and am going to fix the errors I inherited from said THIEVES.

What is being done as retribution to all the ponzis? https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

And why am I still receiving hate? https://bitcointalksearch.org/topic/invest-in-wwwd3fcme-1541316
I clearly remember you about your bullshit posts before

https://btcjam.com/users/18903

You've got some over due debts

My work is not bullshit.

Im trying, I really am. God bless. Thanks for your comments and support.

to the Trolls, get a life please. Try to create real value or constructive criticism atleast.
to the Bitcoin humans with soul, much love! Smiley Thanks and cheers!



You have a very bad luck, it also happened to me this scams really can turn your life upside down. My savings turn into debts in banks. I had to pay my debts and I spent 3 years just to pay those debts. Its really hard to earn bitcoins but when we become a veteran with it we can slowly earn what we lose. So in time you will earn more than what you lose in bitcoin just dont give up. In time you will rise like the others who are successful.
hero member
Activity: 574
Merit: 500
Im sorry for your loss Tyler.
I think we all had some bitcoin losses due to scams or stupid investment's,but we all need to go through it and hope that the next day,we will not make our mistake again.
You have to accept it buddy,i have lost a lot of btc due to scams too,you just have to be more careful.
full member
Activity: 178
Merit: 100
.... did research to make sure each company had a valid POOL.
YET EVERY DAMN CLOUD MINING SITE TURNED OUT TO BE A PONZI! And I lost ALL my coins.
Cointellect - hashie - hashprofit - scrypt.cc - cloudhasher - probably 1 or 2 others.... ALL SCAMS.
...

i am wondering what kind of research you did that you couldn't find out that cloudmining is a risky business. and i am not familiar with all the cloudminings you listed here but i know a couple of them and they have been evading providing any proof of reality of their business which means they had no hash power to mine with.

I know how to mine bitcoins from my laptop and even set up a physical miner.
I figured if they had a public pool and appeared on the blockchain, that was proof enough. My mistake.

Also, I am under the impression that it is better to make $100,000 a year providing honest business, than a 1 time $1,000,000 and be running from the authorities. I am educated to understand that there is more money long term in repeat business and happy customers than in being a criminal.

I am shocked to see that the majority of businesses online do not understand this logic.
I am sure most of these criminals blow the excess money on drugs and prostitutes and are already broke by now, once again looking to scam their next victim.

I am 28 years young and not afraid to admit my naivety.
We live in a world filled with evil criminals, hooligans and thieves. I thought initially that the majority of people were GOOD by nature, but I was sadly mistaken. The vast majority of people must be evil.

It does help me appreciate the few good ones ever so much more however.

God bless us all!
hero member
Activity: 490
Merit: 520
I hate to be honest but the thing is it simply does not surprise me that you almost lost all of your money. Cloud mining is very, very rarely a legitimate way to generate Bitcoin and more often than not there is a very minimal amount of value that can be gleaned from any contract owned by a cloud mining company if they are legit, and you'll be lucky to get money from your investment.

Maybe you'll be able to recover from everything, but that's a hefty loan you'll have to pay back. Best of luck.
legendary
Activity: 1554
Merit: 1054
I guess we can blame this to you alone.

We have repeatedly warned people of cloud mining sites being all scams and poses high threat to your coins but some just do not even care and went on with it.
Well, we can also say that this is a lesson learned the hard way.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
Loan = bad. Cloud mining = bad.

Bitcoin wallets should only unlock for users once they've answered an extensive quiz on what's what.

The thing that gets me is that most people would never fall for the same shit if it was in dollars.

Would you send your dollars to an anonymous website offering mythical returns? Some still would, I'll bet most wouldn't.

Pretty much well said.  The OP have great plan but don't want to work it the hardway.  Don't misunderstand me, i  feel sorry for your lost but no one should be blame except you and the trap this ponzi sites offered you.  OP is in a hurry to get things done, so instead of working for his capital, he loan it, worst is he let other hand to manage it for him. And we see the result.  I hope any newbies who read this stuff will learn alot from his experience.  I do invested money to cloudmining but these are things that i can afford to lose without affecting anyone but myself.  And the people who operates this kind of stuff should be jailed too. 
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform


I think why people still invest in cloud-mining sites is because they just want a passive income and don't work hard for it even if they already know here are other real ways to earn bitcoin. And i think all of us want that but it is not just the right thing to do. There is no such an easy way to earn bitcoin or real money.
if the person were smart enough to realize that it's just too good to be true then they would think it twice,there's no such investment which giving you high rates when you just sitting everyday in your house and call it passive income,it's 100% bullshit,hard work = good money,less work = poverty,that's the point
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Loan = bad. Cloud mining = bad.

Bitcoin wallets should only unlock for users once they've answered an extensive quiz on what's what.

The thing that gets me is that most people would never fall for the same shit if it was in dollars.

Would you send your dollars to an anonymous website offering mythical returns? Some still would, I'll bet most wouldn't.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform


sadly cloudmining sites have taken many people's money over the years and it is not going to stop here. the next day there will be a new cloudmining site that is going to be advertised as the best thing until they run away just like the others before them.
they'll not going to stop till retarded people become smart and referral hunters just get away from their job,refferal hunters is their main priority when making Ponzi cloudmining and they maybe consider it as a core, that's why they'd make a big reward for each referral been referred ,simple as that
newbie
Activity: 28
Merit: 0
I knew cloud mining was risky so I diversified and even did research to make sure each company had a valid POOL.

"I knew streetcorner shell games were risky, so i diversified and played a whole bunch of different ones."
You got the brains, I got the looks, let's make a whole lot of money Cheesy
hero member
Activity: 770
Merit: 500
Bazinga!
I feel your pain, and also hate these site with a passion to kill. I have also been a victim of these guys and I would gladly contribute to a pool of money to track these people down and to get them convicted in their country of origin.

The thing is, in some of these countries these type of schemes are legal or the authorities see it as a low priority crime or they simply do not have the skills and the resources to track them down.

Good luck with your business and I hope you not going to turn against Bitcoin, because of these scammers and thieves. 
Well I feel you two man. I got scammed a lot when I was a newbie by cloud mining ponzi's that turns to scam in the end. Im just lucky that I didn't loan anything. Well After being scammed, I learned that bitcoin can be easily earned via many ways not just by them it is not passive but it is easy work  Grin Well I'd like to work a little to obtain some decent amount of bitcoin for free than invest in those ponzi's now and lose money. I also prefer altcoin trading more.
well i read a lot about the people being scammed on their bitcoins over time because they invest into ponzi websites, i wouldnt recommend doing that because it makes you only lose and never win

sadly cloudmining sites have taken many people's money over the years and it is not going to stop here. the next day there will be a new cloudmining site that is going to be advertised as the best thing until they run away just like the others before them.
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I feel your pain, and also hate these site with a passion to kill. I have also been a victim of these guys and I would gladly contribute to a pool of money to track these people down and to get them convicted in their country of origin.

The thing is, in some of these countries these type of schemes are legal or the authorities see it as a low priority crime or they simply do not have the skills and the resources to track them down.

Good luck with your business and I hope you not going to turn against Bitcoin, because of these scammers and thieves. 
Well I feel you two man. I got scammed a lot when I was a newbie by cloud mining ponzi's that turns to scam in the end. Im just lucky that I didn't loan anything. Well After being scammed, I learned that bitcoin can be easily earned via many ways not just by them it is not passive but it is easy work  Grin Well I'd like to work a little to obtain some decent amount of bitcoin for free than invest in those ponzi's now and lose money. I also prefer altcoin trading more.
well i read a lot about the people being scammed on their bitcoins over time because they invest into ponzi websites, i wouldnt recommend doing that because it makes you only lose and never win
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I feel your pain, and also hate these site with a passion to kill. I have also been a victim of these guys and I would gladly contribute to a pool of money to track these people down and to get them convicted in their country of origin.

The thing is, in some of these countries these type of schemes are legal or the authorities see it as a low priority crime or they simply do not have the skills and the resources to track them down.

Good luck with your business and I hope you not going to turn against Bitcoin, because of these scammers and thieves. 
hero member
Activity: 700
Merit: 500
Hi, my name is Tyler.

I work for minimum wage in America and am tired as fuk most of the time.

I know what you are thinking, "join the club." Its hard being broke as a joke.

When I first got into bitcoin, I was working on creating a website. I got a 1.5 bitcoin loan or so from bitcoin jam.
My plan was to invest in cloud mining and use the daily profits to advertise.
Facebook charges you $10 for 10 visitors, yet you can get 10 higher quality bitcoin enthusianados for 7¢ worth of bitcoin.
I didn't need to invest all the bitcoin into advertising all at once, so I thought why not do it incrementally?

I was hoping to invest my cloud mining profits at a few bitmil a day and drive traffic to my site to build a following slowly.

I knew cloud mining was risky so I diversified and even did research to make sure each company had a valid POOL.

YET EVERY DAMN CLOUD MINING SITE TURNED OUT TO BE A PONZI! And I lost ALL my coins.

Cointellect - hashie - hashprofit - scrypt.cc - cloudhasher - probably 1 or 2 others.... ALL SCAMS.

I was a newbie and I made a bad decision, yes. But why is there so much anger at me, when ultimately...
those cloud mining sites are at fault and should not exist? Why is there not greater effort to jail thieves like this?
Why is there not a hacker community taking down ponzis before they are allowed to hurt honest people?
Why the hell or HOW the hell are those people happy with themselves doing "business" the way they do???


https://btcjam.com/users/18903
I still owe a little over a bitcoin and I got a new job and will pay it back soon.
That is my promise to this community.

It sucks because I worked for 2 solid weeks of my life
just to pay off thieves instead of focus on my business. I'm just sharing my pain here I guess...

I also just wanted to let everyone know I am a genuine guy and am going to fix the errors I inherited from said THIEVES.

What is being done as retribution to all the ponzis? https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

And why am I still receiving hate? https://bitcointalksearch.org/topic/invest-in-wwwd3fcme-1541316
I clearly remember you about your bullshit posts before

https://btcjam.com/users/18903

You've got some over due debts

My work is not bullshit.

Im trying, I really am. God bless. Thanks for your comments and support.

to the Trolls, get a life please. Try to create real value or constructive criticism atleast.
to the Bitcoin humans with soul, much love! Smiley Thanks and cheers!



I can`t believe that people still invest in cloud mining companies even do they are known as scams.

The whole idea of cloud mining is really stupid.

I`m sorry about your failure,but success can be achieved only by trial and error.Good luck OP.

I think why people still invest in cloud-mining sites is because they just want a passive income and don't work hard for it even if they already know here are other real ways to earn bitcoin. And i think all of us want that but it is not just the right thing to do. There is no such an easy way to earn bitcoin or real money.
hero member
Activity: 3150
Merit: 937
Hi, my name is Tyler.

I work for minimum wage in America and am tired as fuk most of the time.

I know what you are thinking, "join the club." Its hard being broke as a joke.

When I first got into bitcoin, I was working on creating a website. I got a 1.5 bitcoin loan or so from bitcoin jam.
My plan was to invest in cloud mining and use the daily profits to advertise.
Facebook charges you $10 for 10 visitors, yet you can get 10 higher quality bitcoin enthusianados for 7¢ worth of bitcoin.
I didn't need to invest all the bitcoin into advertising all at once, so I thought why not do it incrementally?

I was hoping to invest my cloud mining profits at a few bitmil a day and drive traffic to my site to build a following slowly.

I knew cloud mining was risky so I diversified and even did research to make sure each company had a valid POOL.

YET EVERY DAMN CLOUD MINING SITE TURNED OUT TO BE A PONZI! And I lost ALL my coins.

Cointellect - hashie - hashprofit - scrypt.cc - cloudhasher - probably 1 or 2 others.... ALL SCAMS.

I was a newbie and I made a bad decision, yes. But why is there so much anger at me, when ultimately...
those cloud mining sites are at fault and should not exist? Why is there not greater effort to jail thieves like this?
Why is there not a hacker community taking down ponzis before they are allowed to hurt honest people?
Why the hell or HOW the hell are those people happy with themselves doing "business" the way they do???


https://btcjam.com/users/18903
I still owe a little over a bitcoin and I got a new job and will pay it back soon.
That is my promise to this community.

It sucks because I worked for 2 solid weeks of my life
just to pay off thieves instead of focus on my business. I'm just sharing my pain here I guess...

I also just wanted to let everyone know I am a genuine guy and am going to fix the errors I inherited from said THIEVES.

What is being done as retribution to all the ponzis? https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

And why am I still receiving hate? https://bitcointalksearch.org/topic/invest-in-wwwd3fcme-1541316
I clearly remember you about your bullshit posts before

https://btcjam.com/users/18903

You've got some over due debts

My work is not bullshit.

Im trying, I really am. God bless. Thanks for your comments and support.

to the Trolls, get a life please. Try to create real value or constructive criticism atleast.
to the Bitcoin humans with soul, much love! Smiley Thanks and cheers!



I can`t believe that people still invest in cloud mining companies even do they are known as scams.

The whole idea of cloud mining is really stupid.

I`m sorry about your failure,but success can be achieved only by trial and error.Good luck OP.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
All cloud mining that exist and still running are also ponzi and just work in similar way how HYIP operates. They will exist till new investor putting their money into the system. Sorry for your loss, but i was quite amazed who have suggested you to invest in these cloud mining ponzis.
They running a Ponzi system. but to believe with cloud mining for now it's a dangerous activity. with various offers their trying to lure all of the investors of bitcoins is want to invest the part of their amount into cloudmining. but I'm sorry for you to lose maybe for next time you will learn some experience from this cases.
full member
Activity: 168
Merit: 100
ill already know what well happen in to you in  fact its happen to me multiple times. but life still go on no need to be sad, and we should find other ways of earnings money  in bitcoin world and learn more in this forum. well im totally glad that i found this forum its very helpful in me.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
Quite a lot of people get a bad introduction to bitcoin walking straight into scams like that.  Nowadays i just take it for granted that all cloud mining sites are scams.  I did a little when i first started as well but now i don't do near them with a barge pole.
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