Topic: Scrypt.CC | Scrypt Cloud Mining - page 78. (Read 750579 times)

I find these extremist viewpoints being expressed very troubling.    That fact that someone can't express a point of view without being attacked for it is alarming.   None of us knows the true scope of what has happened here and there is room for all of us to be incorrect.  

Let's assume investors are entitled to have their losses returned.  While it is probably simple enough to take the sum of deposits minus withdraws to come with how much someone lost or gained, it doesn't mean people will receive back those losses.   For a point of reference one can look at the Madoff investment scheme which took investors for $18 billion.   Probably no other case has had that level legal attention and been so successful in recovering lost deposits into a Ponzi scheme.  So far efforts have recovered $10.5 billion, mostly through a large amount of lawsuits.   However the recovery effort is unlikely to ever fully achieve full recovery and there is a great deal of money spent in the recovery process itself.   http://edition.cnn.com/2013/03/11/us/bernard-madoff-fast-facts/index.html  

I agree with mitch845 that anyone investing in scrypt.cc this year had to be aware of the extreme risks.    Additionally the viewpoint that there isn't any mining at could turn out to be incorrect.   However assuming there isn't any mining going on at scrypt.cc, it would probably be impossible to recover all the invested funds and to redistribute back to the original owners of those funds.   In that case a partial refund would be probably all that could be expected.  If there is some mining going on, them it would likely be better for the investors as there would be more assets to recover from.  

Requested a very poor 0.0015 BTC withdrawal two days ago. It says is on "queue".

Do not think they will pay, but just for reference. 

That's your opinion.
I believe scrypt.cc is mining as they say they are.
Another day another coin.
I still profit everyday, have been for the last year and a half.
Will continue for many years to come.
Peaces!

The site (Scrypt.cc) is NOT mining. It's not good. It says it's mining but that's not true. Fraud.

olacak. friends what really makes this site should state mining if one does anything good, if not now say it right?

Oh, you're right. Doing nothing and roll eyes is definitely the right way to go.
Highly effective!

You're an idiot.

That some users may have made money does not change the fact that every person who lost is entitled to a full recovery of their funds.

The site promoted itself as a cloud mining operation, it matters not whether you think that people should have known it was a ponzi. It is a criminal operation which took money under false pretences, irrespective of whichever mechanism they ran the financials with in the back office. No  jurisdiction permits that.

Sounds like that will definitely shut down this scam once and for all, thanks! 

As said before, report the site to:
http://www.ic3.gov/default.aspx (USA)
https://www.europol.europa.eu/ec3 (EU)

This Internet Crime Complaint Center exist for exactly this purpose.

Send them all the information that you have. with a detailed description.

I don't know whether there are specific laws for ponzi-style scams, but the UK certainly treats ponzis as financial fraud. Like most financial fraud, it'd tend to be investigated by the City of London Police (this is a comparatively small police force that mostly deals with financial crime - the "City of London" is to London what Wall Street is to New York). The City of London Police operate the National Fraud Intelligence Bureau and Action Fraud - if you're the victim of a ponzi scam in the UK, it's Action Fraud you should talk to.

I think you will find there are many countries that consider this kind of financial fraud criminal and have drawn up laws to deal with it.

can you name a country where ponzis are legal? i cant
majority of the world have outlawed them. its another question all together how long it takes from regulators to slap charges tho

Uhhhh what?

Dude, take a deep breath. Your fragile emotional state aside, I'm not the problem here? Verbose? Yes. Annoying? Yes. But I didn't sell anyone fake KHS and I didn't steal anyone's Bitcoins. As I've said before, I could shut up for the next 10 years and ScryptCC would still be the same scam. I took a hiatus from posting here and you know what you did? You kept on posting about me, and fractional mining.

What.

The.

Fuck.

I don't even know what point you're trying to make and I don't think anyone else does either. You've clearly got a personal vendetta against me that now includes suchmoon, which is funny, because he and I don't even know each other and all he did was ask me to make my reference link in your feedback more factual. And now we've got this angry veiled threat.  last straw? For what? Some magic list you're keeping?

And once again I ask, what's the relevance of your crusade against me? Is it going to make ASIC suddenly come online in Marcelo's data center? Is it going to restore all the BTC people have lost? What, in your estimation, is my role in the theft of investor's BTC?

Ponzi Schemes are Illegal in the US, most other countries don't have much in the way of laws considering these types of things, hence the reason you rarely see one that has an address in the US.  Mind you, I am not saying that is a good thing.

I guess what I was getting at, is this is based upon perspective.  Like one person lives in bumble fuck nowhere, and Ponzi's are not Technically Illegal, their view would be completely different than someone who lives in the US.

You do realise that Ponzi schemes are illegal, are fraudulent and therefore criminal?

So please, let's keep calling it a criminal operation, as that is what it is.

Really? I don't think so! What about "every single user" who earned money in scrypt.cc?
There are always winners and loosers in ponzis.

And stop call scrypt a "criminal operation". It's just a ponzi site like many thousands others. No one in the world believed this was a real mining company. If you did...then it's like believe in flying horses, you are just entitled to loose more money.

Ponzis are one of the best thing bitcoin bring in, they should be protected.
Without ponzis and gambling Bitcoin could die in a minute!

indeed and its funny how dyask can assert that fractional mining only applies "after hack". how could he possibly know anything about that unless he is part of the insider ring of scrypt.cc admin & has access to the db

Here's an analogy:


Using the word "fractional" to describe how you think scrypt.cc only delivers a small amount of the mining they were paid for appears like an attempt to give it some legitimacy, like the vodka thief's use of the word. Why not call it what it really is? If people paid for hashing that doesn't exist that's just fraud, plain and simple.

Well said and totally agree. I bet Admin is having a field day laughing his ass off at this rhetorical thread.

You are so ignorant.

The claim of 500+350GH/s scrypt is a proven LIE, so everything else is probably too!

If he could get hardware that is able to produce a profit at this conditions he would not stop to buy more hardware, cash is enough there.
The conditions are not very different than at the beginning year 2015 and everything was fine there with the payouts. So what changed? The ponzi is just COLLAPSING as it was supposed to!

So whats the conclusion of that argumentation? He doesn't have any hardware. No fractional mining, no mining at all. He doesn't have access to mining hardware that can generate more money than it costs to run, otherwise he would just buy buy buy.

Stop that stupid biased argumentation and prove our claims to be false with reasonably counterarguments.