new obvious scam http://merlinsmagicbitcoins.com/ - page 3.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: crazynoggin on June 15, 2013, 12:01:37 PM

It is as much of a scam as those grenade/hot potato games. If people want to risk their earned bitcoins in hope of someone else coming along after you and doing the same, then let them. Most people are smart and don't start doing this sort of thing though. Go ahead and join if you want to join a ponzi scheme.

I guess this is true, to an extent. I'm also against those hot potato games so... meh.

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

I do want to bring up one more point/question before I go, directed right at those that are investing now, making money, and signing up others:

Try to imagine how you are going to feel when this thing goes south and many of those that you signed up all lose everything they have "invested".

Are you going to give back the BTC you "earned" from all these suckers?

I will give this scheme props for one thing: they are honest! They tell you up front this is a pyramid/ponzi scheme and that many of you are going to lose everything. So "Honest Scammers with Passion" ?

If you can still participate knowing full well this is a pyramid/ponzi scheme and all the "investors" that arrive too late to the party will lose everything then no one can stop you.

crazynoggin

full member

Activity: 176

Merit: 100

It is as much of a scam as those grenade/hot potato games. If people want to risk their earned bitcoins in hope of someone else coming along after you and doing the same, then let them. Most people are smart and don't start doing this sort of thing though. Go ahead and join if you want to join a ponzi scheme.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: BurtW on June 15, 2013, 11:51:33 AM

Check out my new signature. Thanks Ben for the quote!

lol, I love it! I can't believe anyone can think that a pyramid scheme *isn't* a scam.

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Check out my new signature. Thanks Ben for the quote!

markeysss

newbie

Activity: 43

Merit: 0

Quote from: markeysss on June 15, 2013, 11:43:04 AM

BTC

sweeeet!!!!

Just a sweet waste of time and BTC Undecided

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

I found this interesting:

Quote

For those who want to take physical delivery of real genuine metal BitCoins you can order them directly from: hardbtc.org. Exclusive Merlin's BitCoin offer - 10% discount valid until May 31st using discount code: ETHOS10%.

For future reference, for all of you suckers who do lose your "investment", you might contact this guy:

Quote

Domain ID:D167285335-LROR
Domain Name:HARDBTC.ORG
Created On:06-Dec-2012 09:38:18 UTC
Last Updated On:10-May-2013 09:15:06 UTC
Expiration Date:06-Dec-2014 09:38:18 UTC
Sponsoring Registrar:eNom, Inc. (R39-LROR)
Status:CLIENT TRANSFER PROHIBITED
Registrant ID:9074b31cd7264132
Registrant Name:David Bailey
Registrant Organization:HardBTC Ltd
Registrant Street1:Office 144
Registrant Street2:235 Earl's Court Rd
Registrant Street3:
Registrant City:London
Registrant State/Province:GB
Registrant Postal Code:SW5 9FE
Registrant Country:GB
Registrant Phone:+44.442087428881
Registrant Phone Ext.:
Registrant FAX:+44.442087428881
Registrant FAX Ext.:
Registrant Email:[email protected]

to see what he knows about his affiliate Merlin.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: popey on June 15, 2013, 11:40:43 AM

why is it a horrible investment if we starts at the beginning? so all who are starts now will win

Well, for me it's because of the morality standpoint. Essentially what you're getting involved with is a scam.

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: popey on June 15, 2013, 11:40:43 AM

why is it a horrible investment if we starts at the beginning? so all who are starts now win´s

And you want me and other forum members to hold the losing stick for you, no thanks.

markeysss

newbie

Activity: 43

Merit: 0

BTC

sweeeet!!!!

popey

newbie

Activity: 98

Merit: 0

Quote from: Birdy on June 15, 2013, 11:40:04 AM

Every coin you receive is one later members will lose (probably even more, because the site owner will cash some, too).

yes because he is playing that game too and was one of the first.

popey

newbie

Activity: 98

Merit: 0

why is it a horrible investment if we starts at the beginning? so all who are starts now will win

Birdy

sr. member

Activity: 364

Merit: 250

Every coin you receive is one later members will lose (probably even more, because the site owner will cash some, too).

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: popey on June 15, 2013, 11:36:24 AM

Quote from: ranlo on June 15, 2013, 11:30:10 AM

Quote from: ?? on ??

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money.. It doesn't feel like a scam to me, or any of my friends.

Not to be rude but for someone to join the forums just 3 hours prior to making this post... it doesn't really prove much.

I am registered there too and I can confirm that someone is payed out in the last 15 min because a member I recruited sent 1 gift. So it could be possible.

This all sounds like a pyramid scheme though, where those who get in on the beginning win and those who don't lose. In other words, for all intents and purposes it's a horrible investment.

popey

newbie

Activity: 98

Merit: 0

Quote from: ranlo on June 15, 2013, 11:30:10 AM

Quote from: ?? on ??

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money.. It doesn't feel like a scam to me, or any of my friends.

Not to be rude but for someone to join the forums just 3 hours prior to making this post... it doesn't really prove much.

I am registered there too and I can confirm that someone is payed out in the last 15 min because a member I recruited sent 1 gift. So it could be possible.

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Quote from: ?? on ??

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money.. It doesn't feel like a scam to me, or any of my friends.

Riddle me this: How will all your friends that get nothing feel?

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: ?? on ??

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money.. It doesn't feel like a scam to me, or any of my friends.

Not to be rude but for someone to join the forums just 3 hours prior to making this post... it doesn't really prove much.

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: ?? on ??

Here is a big surprise

I just got another gift at the end of the 2nd week (my 3rd in a week) and so did my friend that I introduced 1 week ago.
Here I am, a member, making money.. It doesn't feel like a scam to me, or any of my friends.

This might be good read:
https://bitcointalksearch.org/topic/is-miningunitedcom-a-scam-turning-1-bitcoins-into-137-for-almost-free-179917

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Quote from: ?? on ??

And please, you put my personal details on here? Not that I try to hide who I am but I do feel it is a bit of a crass thing to do. What did you think it would achieve?

Members Guidelines

1) All Members belong to a Private Members' Club and have joined of their own free will.

2) No guarantees (financial or otherwise) are given nor implied to Members when they join. Similarly, Members must not make, nor imply, any promises or guarantees to prospective new Members.

3) Members may only quote their own (or their Introducer's) earnings from Merlin's Magic BitCoins when talking to prospective Members. These earnings should be genuine and verifiable.

4) Members should not encourage prospective Members to take out more positions than they can comfortably afford.

5) Gifts should be sent in BitCoins directly to the designated recipient's eWallet as per Merlin's instructions.

6) Merlin verifies all gifts are confirmed on the BlockChain and then emails both the sender and the recipient to let them both know that the gift has been successfully confirmed as paid.

You posted your web site link in this thread in order to get people to sign up under your account.

I simply did a whois on your domain. That is all public knowledge.

Please explain how Merlin himself makes money in this game given the explaination above.

I find the use of the word "earnings" in the above post to be crass. You are not earning anything. You are simply taking BTC from the poor suckers who will be left holding the bag when this thing fails - and I said when on purpose there.

Thanks!

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: The Bitcoin Catalog on April 25, 2013, 06:14:43 PM

You can report it here:
http://bitcoin-shitlist.com/

lol, I didn't know about that site. Thanks for the link! I think this could be very helpful, assuming it's all accurate.

Topic: new obvious scam http://merlinsmagicbitcoins.com/ - page 3. (Read 4652 times)