Magnr.com another scam or not? - page 2.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Quote from: Zombier0 on October 06, 2015, 02:05:41 PM

Jus saw it, looks like another ponzi.

What ya think?

Looks like they have secure site which can protect your account,

Quote from: magnr

We believe financial products should be transparent. Magnr uses the blockchain's public ledger to calculate interest payments. This allows you as a saver to independently and publicly verify deposited funds.

Although the WD request is audit manually.

Zombier0

sr. member

Activity: 435

Merit: 250

Its gonnna end ponzi

monbux

legendary

Activity: 1736

Merit: 1029

I don't think it is a ponzi but the interest rate isn't worth it imo.

You can check out the ANN thread here: https://bitcointalk.org/index.php?topic=1092181.40
This member is also working with magnr: https://bitcointalksearch.org/user/seal-49269

Zombier0

sr. member

Activity: 435

Merit: 250

Quote from: GermanGiant on October 06, 2015, 05:19:01 PM

Quote from: Zombier0 on October 06, 2015, 02:05:41 PM

Jus saw it, looks like another ponzi.

What ya think?

BTC.sx rebranded itself as Magnr...

http://www.coindesk.com/btc-sx-rebrands-magnr-bitcoin-saving-accounts/

A little search about btc.sx is brining up scam accusations...

https://www.reddit.com/r/Bitcoin/comments/2175ct/feedback_dont_use_btcsx_scamtrap/

But, I have not researched further.

Ok im not getting into this stuff at all thn

7788bitcoin

legendary

Activity: 2282

Merit: 1023

There is nothing to back the investment so I believe it is a scam. If you are interested in investing, you shouldn't put in the amount you can't afford to lose.

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: Zombier0 on October 06, 2015, 02:05:41 PM

Jus saw it, looks like another ponzi.

What ya think?

BTC.sx rebranded itself as Magnr...

http://www.coindesk.com/btc-sx-rebrands-magnr-bitcoin-saving-accounts/

A little search about btc.sx is brining up scam accusations...

https://www.reddit.com/r/Bitcoin/comments/2175ct/feedback_dont_use_btcsx_scamtrap/

But, I have not researched further.

NorrisK

legendary

Activity: 1946

Merit: 1007

One thing makes me wonder though.

They claim to give 2.16% interest till 2016, while maintaing a 100% reserve.

How on earth are they going to make the money to pay the interest? It is a bit hard to grow their bitcoins without investing it and then they would lose their reserve.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: maokoto on October 06, 2015, 02:46:04 PM

Gives some info that makes him look reliable (names of the team members with pics, a physical address) and the interest they are offering is not off the board (I mean is reasonable). Maybe it is a scam, but it does not scream SCAM! as much as other sites Cheesy

Yes you are right, but I would still be extremely careful. But to give some benefit of the doubt, people can't be creating such investment scams forever. The day will come that we will have a first legit Bitcoin investment place. Maybe that day has come, maybe magnr.com is such a place.

I would wait for some confirmations of other users though. The site is also very nicely done.

maokoto

hero member

Activity: 770

Merit: 500

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

Gives some info that makes him look reliable (names of the team members with pics, a physical address) and the interest they are offering is not off the board (I mean is reasonable). Maybe it is a scam, but it does not scream SCAM! as much as other sites Cheesy

apriyani420

sr. member

Activity: 406

Merit: 250

i cant say for sure if it is a scam or not but having in mind that nearly all bitcoin investment sites turn to scam sooner or later it might be though its just my opinion

Zombier0

sr. member

Activity: 435

Merit: 250

Jus saw it, looks like another ponzi.

What ya think?

Topic: Magnr.com another scam or not? - page 2. (Read 3866 times)