Exactly I can't understand if this promotion is still ongoing and OP still offers to pay back 0.02BTC if one buys this membership for 0.01BTC or not?
Looks like he does from the OP but not from comments in the thread.
1st one time offer for the user who will claim first was taken by malevolent (one of the staff member). He stayed neutral. if you read his responses in this topic, you will notice that he was not vouching for itcoinbay but itcoinbay using this such a way that it was a vouch from malevolent.
Then the latest topic was his 2nd one time offer again for the first one who will claim and I was the one who joined the conversation first but at some point I realized he is doing it all wrong.
So far if I am not wrong then he has not got anyone yet.
Thanks for this explanation.
All these members who have doubts are totally right. This looks like an obvious attempt to scam. I know that this member hasn't scam already but there is no other explanation for what he is actually doing. This web page looks like he doesn't care about this online business and only want to attract people with this very "honest" offer.
There is no way that anybody is able to make even a cent from such a web service. I just don't see any sense here besides a scam.
Ive pointed out some things
im pretty certain its hyip built on ref's paid from ref's. exit at some point.
Site's not very "convincing"
You posted a virtual office as your location.
Youre using domainsbyproxy but not cloudflare on a auction platform with cryptocurrency.
Sign a wallet with funds you plan to match our contribution for proofs and easier participation?
This would address main concerns for most users.
If you can establish credibility with this it might help a lot .
the other things are "fixable" but could be a problem for yourself and users (get cloudflare!)