The Bitcoin Mutual Fund | Bitcointalksearch.org

crazyivan

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DMD Diamond Making Money 4+ years! Join us!

Quote from: fullypak on April 17, 2015, 12:29:19 AM

Now a days didn't receive any emails on our investment profits. Is it going to close now?

Yap, it s going to close. I received an email about owner closing down the fund due to lack of interest from potential investors. He does plan to pay accumulated profits for people who joined his test campaign. I do not think anyone invested at this point, we were using his free giveaway program to test the service.

waterpile

hero member

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Quote from: fullypak on April 17, 2015, 12:29:19 AM

Now a days didn't receive any emails on our investment profits. Is it going to close now?

May i know how much did you invest in their good to be true service?

fullypak

legendary

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Now a days didn't receive any emails on our investment profits. Is it going to close now?

crazyivan

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Quote from: cryptojumper on April 09, 2015, 06:32:41 AM

now that I am ''invested'' with a promo code

how do I get my dust withdraw? will they be sent automatically?

I think you need to wait for a week at least and they request manual withdrawal. Automatic system s not yet in place.

cryptojumper

full member

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now that I am ''invested'' with a promo code

how do I get my dust withdraw? will they be sent automatically?

mindfulmojo

sr. member

Activity: 448

Merit: 250

I decided to check it out with the free btc offer,

so I am subscribed to his newsletter...

A part of an email talking about one of his investments:

"EMI Coin has been one of my most profitable endeavors. They are network designers and miners who have done well for themselves. There are four levels of investment; I have not yet breached the first level. (1.76% profit) An investment made on their site is basically an investment in their mining operation, but that's not to say it is necessarily a mining contract. You can read more about them and even invest in them yourself, but by pooling our funds, we can reach about a 4% daily profit on our investment if we are able to reach the fourth level of investment. I have trusted this website with large amounts of BTC in the past, and I have had absolutely no problems with them. I am very pleased with my success there."

He thinks this is an actual mining site and not an HYIP... Roll Eyes

Investing with him is the same as investing in a ponzi...

chmod755

legendary

Activity: 1442

Merit: 1021

Quote from: crazyivan on April 09, 2015, 02:17:08 AM

It s fun to see these improvements. As far as I can see, he plans to use money of his clients to invest into other already existing services, BTCjam, cloud, etc. This is fine for people who have no time to play with this by themselves. Another suggestion, it would be nice to have some kind of emergency fund or insurance set up. So if things go south on some of your investments, your clients know you can cover the loss.

The most dangerous investments on BTCJam will get you ~90% APR - now look at what he's offering:

Quote

.62%-.85% daily

crazyivan

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Quote from: E59192234 on April 08, 2015, 11:09:49 AM

Automated payments will be set up by the end of the day.

Thanks

It s fun to see these improvements. As far as I can see, he plans to use money of his clients to invest into other already existing services, BTCjam, cloud, etc. This is fine for people who have no time to play with this by themselves. Another suggestion, it would be nice to have some kind of emergency fund or insurance set up. So if things go south on some of your investments, your clients know you can cover the loss.

fullypak

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Quote from: E59192234 on April 08, 2015, 09:30:14 AM

Yes, you can earn profit with the promo amount. The daily profit is .62% - .85% depending on your investment level.

So you will send payments to bitcoins directly or every time we need to send email to you?

Why can't you implement deposit and withdraw options in your site itself? any reason for that?

E59192234

newbie

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Automated payments will be set up by the end of the day.

Thanks

chmod755

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Quote from: niktitan132 on April 08, 2015, 09:36:44 AM

YES, It is a HYIP/Ponzi site.Even a 5 year old kid can see it's a HYIP/Ponzi scam...

At least he specified his real name and address for domain registration so you know how to find him.

waterpile

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Activity: 602

Merit: 500

Quote from: E59192234 on April 08, 2015, 09:30:14 AM

Yes, you can earn profit with the promo amount. The daily profit is .62% - .85% depending on your investment level.

yes, thats why it makes it a combination of HYIP and ponzi..

unsoindovo

legendary

Activity: 1932

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https://locktrip.com/?refId=40964

Quote from: niktitan132 on April 08, 2015, 09:36:44 AM

Quote from: E59192234 on April 07, 2015, 08:50:33 PM

Nope, not an HYIP or Ponzi. I encourage you to try it free. Use promo code TWTR and get .005 free account value right off the bat. No deposit needed.

Thanks
Caleb

YES, It is a HYIP/Ponzi site.Even a 5 year old kid can see it's a HYIP/Ponzi scam...

hum..
i remeber something similar..

http://btc-flow.com/index

if i remeber well..

PONZI 100%

niktitan132

legendary

Activity: 1036

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Quote from: E59192234 on April 07, 2015, 08:50:33 PM

Nope, not an HYIP or Ponzi. I encourage you to try it free. Use promo code TWTR and get .005 free account value right off the bat. No deposit needed.

Thanks
Caleb

YES, It is a HYIP/Ponzi site.Even a 5 year old kid can see it's a HYIP/Ponzi scam...

E59192234

newbie

Activity: 28

Merit: 0

Yes, you can earn profit with the promo amount. The daily profit is .62% - .85% depending on your investment level.

unsoindovo

legendary

Activity: 1932

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https://locktrip.com/?refId=40964

Quote from: waterpile on April 07, 2015, 11:10:25 PM

Quote from: E59192234 on April 07, 2015, 08:50:33 PM

Nope, not an HYIP or Ponzi. I encourage you to try it free. Use promo code TWTR and get .005 free account value right off the bat. No deposit needed.

Thanks
Caleb

Deposit .04btc to get .005btc seems a fair deal to me Sad

how many days to get .005 with a .04 deposit???
if i undestand well.. it is an 8% reward?
8% / week could be right

chmod755

legendary

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Investment companies in the U.S. need to register with the SEC Mr. Lombardo....

vennali

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#SWGT CERTIK Audited

Quote from: fullypak on April 08, 2015, 01:31:51 AM

Quote from: E59192234 on April 07, 2015, 11:51:05 PM

You don't have to invest anything if you use the promo code. You can try it free

After I use your promo code then I got the below message. What next? Do i need to deposit funds to try? or I can wait to get profit from this promo price?

Thanks! The last step is to send your investment to this address: 17zU6u9h4DpMKbpwJbrDczN2oibbaygP9G You will receive daily updates on your profit. To withdraw, reply to that email with your request.

Surprisingly, I get the same address, which probably means its a scam as he wants us to send the amount to him. The 0.005 is not free.

Quote from: cryptojumper on April 08, 2015, 03:21:24 AM

I registered with a promo code to try this service

Lets see how it goes..

All those claiming to are his alts.

cryptojumper

full member

Activity: 154

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I registered with a promo code to try this service

Lets see how it goes..

crazyivan

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DMD Diamond Making Money 4+ years! Join us!

It would be nice to see some automated deposit/withdrawal system in the future which would look more professional.
However, IMHO, transparency s the primary issue you should deal with on the website. People are not keen on investing into something without VERIFIABLE person behind it.

Topic: The Bitcoin Mutual Fund (Read 1385 times)