Topic: Is Bitcoin Cloud Services legit? - page 2. (Read 10738 times)
they used the reputation of foundation..but after scam i learned that you can be a silver member with a few fee
why bitcoin foundation 
?? run run hate you bcs your members
?? run run hate you bcs your members 
Good point regarding staking.
It is legitimate way to make some BTC then getting scammed by cloud mining
I am currently staking Reddcoin, Blackcoin and Mintcoin and getting about 0.001 BTC per day
It is legitimate way to make some BTC then getting scammed by cloud mining
I am currently staking Reddcoin, Blackcoin and Mintcoin and getting about 0.001 BTC per day
I am on Hashnest & Bit-X. To me it's obvious these two are legit, and earnings are not too bad either.
I agree. Hashnest is legit, as well as Genesis mining. Bit-x looks legit too, but I'm not 100% certain
I fully agree. I only invest there (but GM looks worth and worth to me)
After paying over US$1700 for 100MH worth of scrypt miners last August/September, they reduced payments by over 80% in less than 60 days and then told people in late December to either convert to SHA mining or risk having their scrypt accounts terminated. What was/is insulting is they only offered 1GH per 1MH (100MH = 100GH) for Scrypt to SHA conversion. In other words, my $1700 recovered less than $300 of the principle before it was converted to less than $50 worth of SHA mining.
Does $16/day in mining reduced to less than $0.08/day with no chance at ROI within a lifetime seem legit to you??
These days, cloudmining, in its current form, is not profitable to ANYONE other than the service provider. Greed is a nasty thing and the numbers do not lie. Do not let GM's false sense of customer "support" and self engineered industry trust fool you.
Scott-
I fully agree with you. This is why I tell people to invest into PoS coins instead. Staking is even better then mining, more energy efficient, no special hardware needed and you have full control over your investment cause you keep your coins in your offline wallet. I personally love DMD Diamond, over 350% price growth withing a year and it provides 50% annual interest rate. There are a few other interesting PoS coins and I suggest you try it and say goodbye to GM and similar BS.
I am on Hashnest & Bit-X. To me it's obvious these two are legit, and earnings are not too bad either.
I agree. Hashnest is legit, as well as Genesis mining. Bit-x looks legit too, but I'm not 100% certain
I fully agree. I only invest there (but GM looks worth and worth to me)
After paying over US$1700 for 100MH worth of scrypt miners last August/September, they reduced payments by over 80% in less than 60 days and then told people in late December to either convert to SHA mining or risk having their scrypt accounts terminated. What was/is insulting is they only offered 1GH per 1MH (100MH = 100GH) for Scrypt to SHA conversion. In other words, my $1700 recovered less than $300 of the principle before it was converted to less than $50 worth of SHA mining.
Does $16/day in mining reduced to less than $0.08/day with no chance at ROI within a lifetime seem legit to you??
These days, cloudmining, in its current form, is not profitable to ANYONE other than the service provider. Greed is a nasty thing and the numbers do not lie. Do not let GM's false sense of customer "support" and self engineered industry trust fool you.
Scott-
Already you ask about the legitimacy of the cloud mining, but the bellows advise me after that he relied upon to turn in the end to fraud and swindling, but I so far have not done filing or the experience of this thing, but I hope that his experience in later times
Quote
Hah. You seriously tell me you did not know they were scam the moment you invested? Those fake photos and no proof of mining? Seriously?
Really sorry for your loss but I keep telling people to only invest into stuff they can fully control. Like stake coins for example.
Hm...i knew it, but first round got its roi. But the reinvest....
Ok, for me online invested BTC is playmoney, I dont need it and it was not many furthermore.
But there were people investing 10 and more BTC.
Yeah they do some payout for first few rounds. They are doing this few payouts just to gain your trust. When people will see they are paying more people starts to invest.
And again those who got paid will want to reinvest everything assuming they are legit. But in the long run they turn out to be a ponzi and scam peoples money.
Most of the cloud mining sites are either a scam or ponzie. There are few legit site but getting your ROI will take ages.
I am on Hashnest & Bit-X. To me it's obvious these two are legit, and earnings are not too bad either.
I agree. Hashnest is legit, as well as Genesis mining. Bit-x looks legit too, but I'm not 100% certain
I fully agree. I only invest there (but GM looks worth and worth to me)
I am on Hashnest & Bit-X. To me it's obvious these two are legit, and earnings are not too bad either.
I agree. Hashnest is legit, as well as Genesis mining. Bit-x looks legit too, but I'm not 100% certain
Quote
Hah. You seriously tell me you did not know they were scam the moment you invested? Those fake photos and no proof of mining? Seriously?
Really sorry for your loss but I keep telling people to only invest into stuff they can fully control. Like stake coins for example.
Hm...i knew it, but first round got its roi. But the reinvest....
Ok, for me online invested BTC is playmoney, I dont need it and it was not many furthermore.
But there were people investing 10 and more BTC.
Too many scammer now, they use different method for scamming people although the based on ponzi scheme and this is a lot bitcoin service which use that method.
For people who invested a lot I think there are 2 possibility, fake transaction or they have been scammed.
I am on Hashnest & Bit-X. To me it's obvious these two are legit, and earnings are not too bad either.
bcs scam scams site
Quote
Hah. You seriously tell me you did not know they were scam the moment you invested? Those fake photos and no proof of mining? Seriously?
Really sorry for your loss but I keep telling people to only invest into stuff they can fully control. Like stake coins for example.
Hm...i knew it, but first round got its roi. But the reinvest....
Ok, for me online invested BTC is playmoney, I dont need it and it was not many furthermore.
But there were people investing 10 and more BTC.
Any news? Still no payout....
Hah. You seriously tell me you did not know they were scam the moment you invested? Those fake photos and no proof of mining? Seriously?
Really sorry for your loss but I keep telling people to only invest into stuff they can fully control. Like stake coins for example.
Any news? Still no payout....
Thoose guys just scamed u... Bad News...
Any news? Still no payout....
why mostly cloud mining site always became a scam? does no more real cloud mining legit in this world?
because this situation make me tired
because this situation make me tired
because it's very cheap to advertise (check this forum) and makes a great target for scammers
why mostly cloud mining site always became a scam? does no more real cloud mining legit in this world?
because this situation make me tired
because this situation make me tired
because you not research before invest
you can go to https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
Rest:
Code:
Cryptsy MN 1+2+3+4 => 4/7 = Possibly/partially legit ( + no details on fee structure)
cloudmining.sg 1+2+4+7 => 4/7 = Possibly/partially legit
genesis-mining 1+4+7 => 3/7 = Probably legit (risk of fractional reserve mining)
Megamine.com 1+4 => 2/7 = Probably legit
Bit-x.com 1+4 => 2/7 = Probably legit (preliminary assessment, partnership confirmed by Bitfury)
pow88.com 1+2 => 2/7 = Probably legit (preliminary assessment)
KNCcloud 7 => 1/7 = Legit (but as hardware vendor, they broke their promise not to selfmine with more than 5% of customers hashrate )
Hashnest (umisoo) => 0/7 = Legit
cloudmining.sg 1+2+4+7 => 4/7 = Possibly/partially legit
genesis-mining 1+4+7 => 3/7 = Probably legit (risk of fractional reserve mining)
Megamine.com 1+4 => 2/7 = Probably legit
Bit-x.com 1+4 => 2/7 = Probably legit (preliminary assessment, partnership confirmed by Bitfury)
pow88.com 1+2 => 2/7 = Probably legit (preliminary assessment)
KNCcloud 7 => 1/7 = Legit (but as hardware vendor, they broke their promise not to selfmine with more than 5% of customers hashrate )
Hashnest (umisoo) => 0/7 = Legit
why mostly cloud mining site always became a scam? does no more real cloud mining legit in this world?
because this situation make me tired
because this situation make me tired
If the miners were profitable why would they rent them out to you?
If the miners aren't profitable, why would they spend money on miners/electricity/maintenance/etc when they can just pay you back with your own money.
why mostly cloud mining site always became a scam? does no more real cloud mining legit in this world?
because this situation make me tired
because this situation make me tired
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