Maybe this is the way these ponzis are lasting - page 2.

cryptodevil

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Quote from: BitcoinSupremo on April 07, 2016, 07:26:28 AM

it remains a mystery to me how experienced people in the world of BTC still invest in these scams.

They don't.

If you see established member accounts promoting 'cloud mining' ponzi it is either because they are in on the scam or it is a bought account by the operators of the scam who use it to post supportive comments to trick newbies into believing it is a credible operation.

That's one of the reasons why we tag with a negative rating anybody who posts support for a known scam. It destroys the value of these sold accounts and discredits the operation it was supporting.

BitcoinSupremo

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Yes I know they are ponzi scams in the end as not a single evidence of them mining anything at all but like someone say, it remains a mystery to me how experienced people in the world of BTC still invest in these scams. Well I guess greed is something a human being can't control apparently.

ShowOff

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from what i see what my friends do, they're keep investing their income in that cloud mining site , and they don't think about anything except big profit. i wouldn't call that site real cloud mining because it's only ponzy scheme

tmfp

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Quote from: BitcoinSupremo on April 07, 2016, 01:07:37 AM

I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?

You can come to whatever conclusion you like, but it's just a guess.
These sites cost very little to set up and maintain, it's easy to shuffle some dust around between wallets to create the illusion of activity.
If you met a guy in a bar who said he had a great scheme going, would you give him money? No, so why do it on the Net?

BitcoinSupremo

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So you are saying even DOGE mining which does not use a lot of resources they are not even doing it, and playing to the maximum scam. Well then I am shocked at the number of persons(idiots) who joins these sites.

talkbitcoin

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Quote from: BitcoinSupremo on April 07, 2016, 01:07:37 AM

I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?

what you are describing means they are not Ponzi! or at least not completely. (i have no idea if they are or not though)

usually when these cloudmining services which are scam come to last long is because they are giving out free hashrates and a lot of promotions which will lead to more and more people investing so they can pay off their new users until they collapse.
meanwhile they are not mining at all. because mining even with gpu will cost and they are trying to keep the cost at minimum, earning through scam at maximum.

crazyivan

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Quote from: BitcoinSupremo on April 07, 2016, 01:07:37 AM

I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?

It s very simple, new people get greedy and invest while current users get greedy too and keep reinvesting. It s just question of time....

BitcoinSupremo

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Quote from: alani123 on April 07, 2016, 01:44:05 AM

cldmine isn't even that old

http://who.is/whois/cldmine.com

Quote

Registered On September 30, 2015

it is more than 6 months , or at least six months, and considering very few persons register in there daily, I am still wondering how they manage to pay(Hashocean has great amount of users, thats why it still going) guess they should be using some GPU-s maybe ? Anyway if its so why not a single picture of their equipment, or a small video, so I guess they are just rotating money after all like all other ponzis.

alani123

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cldmine isn't even that old

http://who.is/whois/cldmine.com

Quote

Registered On September 30, 2015

BitcoinSupremo

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I am not a member of them, I never trust ponzis, just want to know how can they survive that long, knowing that Cldmine, has very very few new investors everyday that was my question and it still remains ? I think they are trying to mine different cryptos, as they claim to mine a lot of altcoins, and they can even pay you in that coin different from Hashocean who only uses Btc.

Keyboard PC

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Quote from: BitcoinSupremo on April 07, 2016, 01:07:37 AM

I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?

If they always get new investors will continue to run this site. I'm sure they have the time or profit targets as specified
Factors affecting the long-running Ponzi is small profit So even if the site is running long you should remain cautious

BitcoinSupremo

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Activity: 1442

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I have been think thoroughly regarding 2 cloud mining which are ponzis without any doubt and are cldmine and topmine. How come these website are still alive (well topmine is new 1.5 month old) but Cldmine is about 6 months now and not many people know it. I have arrived at the conclusion they are mining GPU-s maybe and thats how they can continue to stay well more than 6 months available, as mining DOGE is not really difficult or any other alt crypto which can be easily mined. What do you think of this ?

Topic: Maybe this is the way these ponzis are lasting - page 2. (Read 1259 times)