PowerHashing.com are clearly big scammers. they even have an article boasting about themselves in cointelegraph.com. They even call people directly and try promoting their stuffs. Indian newbies would probably fall for their scam.
Every crypto investment site out there are scams.
remember to research before investing in anything.
Topic: The Spread of MLM Scams: PowerHashing.com (Read 3804 times)
covering Bangalore technologist this month :banghead:
Posted From bitcointalk.org Android App
Posted From bitcointalk.org Android App
same old wallet builders stuffs 
scammer everywhere now days,these are the people who are unemployed and think of idea to fool others.
I just cant stop laugh after reading this entire thread ....... hahaha
These fking MLM scammers lol ... So much dream and shit only to fill their pockets , The only real thing with cryptocurrency in this world currently just buy BTC yourself and Hold if you lucky you millionaire
[ Fk mining and all too much hassle stuff ] ; i still remember the day i had 15-16 BTC when its price was like 15 - 20$ and i sold all after some day 
... then the legendary 1000$ mark achieved and i was like quite fked
These fking MLM scammers lol ... So much dream and shit only to fill their pockets , The only real thing with cryptocurrency in this world currently just buy BTC yourself and Hold if you lucky you millionaire
[ Fk mining and all too much hassle stuff ] ; i still remember the day i had 15-16 BTC when its price was like 15 - 20$ and i sold all after some day ... then the legendary 1000$ mark achieved and i was like quite fked 
I see that the Shiny Suit Scammers are now pushing that ridiculous shitcoin AsiaDigiCoin.....
You have to laugh, otherwise it would be depressing.
You have to laugh, otherwise it would be depressing.
It would be good to think that scammers like Powerhashing will be caught by the proposed new laws regarding MLM selling in India.
What are you thoughts on the legislative likelihood of this initiative providing a framework and a regulator with real teeth?
http://timesofindia.indiatimes.com/city/delhi/Govt-finalises-draft-norms-for-direct-selling-industry/articleshow/53454517.cms
Also: the guy holding an iPhone. That's only because this is in a place where only the rich own an iPhone. It looks funny to me in a country where the "poor" people have iPhones.
I think he's got the Limited Edition White one
Lolz. Those guys look and dress and remind me of the Jeff Berwicks of India.
https://bitcointalksearch.org/topic/m.15855070
Also: the guy holding an iPhone. That's only because this is in a place where only the rich own an iPhone. It looks funny to me in a country where the "poor" people have iPhones.
I think he's got the Limited Edition White one
SCAMS RUN BY SCAMMERS IN SHINY SUITS
That....picture. lol.
Also: the guy holding an iPhone. That's only because this is in a place where only the rich own an iPhone. It looks funny to me in a country where the "poor" people have iPhones.
Crosspost from Scam Accusations
One thing that MLMschemes scams love is Social Media. They plaster it with inspirational memes about self belief and being confident in a bright new fututre, in order to draw potential victims into a relationship, on which they can build and extract money from the gullible.
Facebook facilitates this as part of its business model.
Don't under estimate the power of this. To most people who have a clue about how this stuff works, it's laughable. But what FB does well is lowest common denominator. It is full of so much trivial garbage that, in comparison, this aspirational stuff can look quite believable.
Have a look at https://www.facebook.com/PowerHashing/ , it's full of nonsense like this
Facebook also has a product review system, where clients of a business can leave their view of a companies performance and service.
Abusing this is standard operating procedure for scammers. Usually they buy Facebook accounts and at least make an attempt at diguising their fraud. (this is fraud, making a misleading statement knowingly to encourage a third party to take a certain course of action).
Powerhashing aren't that subtle/professional in their scamming. They just leave themselves 5* reviews in their own names lol.
Sleaze.
One thing that MLM
Facebook facilitates this as part of its business model.
Don't under estimate the power of this. To most people who have a clue about how this stuff works, it's laughable. But what FB does well is lowest common denominator. It is full of so much trivial garbage that, in comparison, this aspirational stuff can look quite believable.
Have a look at https://www.facebook.com/PowerHashing/ , it's full of nonsense like this
Facebook also has a product review system, where clients of a business can leave their view of a companies performance and service.
Abusing this is standard operating procedure for scammers. Usually they buy Facebook accounts and at least make an attempt at diguising their fraud. (this is fraud, making a misleading statement knowingly to encourage a third party to take a certain course of action).
Powerhashing aren't that subtle/professional in their scamming. They just leave themselves 5* reviews in their own names lol.
Sleaze.
this is reality in india that many persons who are doing job or jobless are directly running toward the MLM platform for money without any hardwork. still many persons are successful but some of them are lossing thier time and money . i don't think that MLM is a very best platform of earning money by joining the new person in the MLM .
i had also read about your post for scam of MLM .
i will suggest those person of MLM group try to do with some what job with bitcoins .
i had also read about your post for scam of MLM .
i will suggest those person of MLM group try to do with some what job with bitcoins .
This is reality worldwide unfortunately.
MLM scammers prey on two sections of the community everywhere: the greedy or the desperate.
As for the chances of success in putting money into MLM schemes, even if the scheme is not an out and out scam like OneCoin, the only people who make money are the ones at the top end of the pyramid, the vast majority lose it or barely survive, even in "legitmate" businesses where the core plan is viable.
Look at this distribution chart
That's the reality of MLM income distribution and that's with legitimate products.
this is reality in india that many persons who are doing job or jobless are directly running toward the MLM platform for money without any hardwork. still many persons are successful but some of them are lossing thier time and money . i don't think that MLM is a very best platform of earning money by joining the new person in the MLM .
i had also read about your post for scam of MLM .
i will suggest those person of MLM group try to do with some what job with bitcoins .
i had also read about your post for scam of MLM .
i will suggest those person of MLM group try to do with some what job with bitcoins .
Thanks tmfp for pointing this out.
Powerhashing is actually conducting a seminar in Bangalore.
Powerhashing is actually conducting a seminar in Bangalore.
Am going for this for sure
Have fun, maybe you can pick up some cheap S5's. And a shelving unit.
I'm sure this Global Mining Operation will be forging a bright future by upgrading to 16nm gear pretty soon, what with all the money rolling in from
Thanks tmfp for pointing this out.
Powerhashing is actually conducting a seminar in Bangalore.
Powerhashing is actually conducting a seminar in Bangalore.
Am going for this for sure
I just fell over this https://powerhashing.wordpress.com/2016/07/17/a-talk-with-crypto-king-amit-jaiswal/ , so badly written and presented I thought I'd share it for a laugh.
Of course, the 'blog' is also run by Amit Jaiswal, thus he interviews himself.
Should be worth reading, seeing as he's a Crypto King (maybe he could get together with that other scammer, Ignatova, the OneCoin CryptoQueen).
He is also the http://www.thebitcoinguru.com/ and https://www.facebook.com/TheBitcoinDecoded, although that's not been updated for a while, not racy enough for the guy with a scrap mining empire.
Oh, and he's got that scammer's must have, an interest in a shit coin, Asiadigicoin.
ADCN is heavily promoted by Mr. Ubiquitous MLM pimp Kartike Kanwar, who also lists Gainbitcoin as one of his Get Rich Quick Schemes.
Small world.
Any, all this wonderful pedigree surely justifies Mr. Jaiswal's self description:
So, let's read some of Guru Jaiswal'sdeep and meaningful insights, meaningless marketing bullshit....
If English isn't your first language, you should really avoid compound, complicated sentences.
I love the way he slips ADCN in the middle there.
False promises of high returns? That's terrible, shouldn't be allowed...but Powerhashing doesn't do that, it generates "realistic" profit results....
Like these?
Of course, the 'blog' is also run by Amit Jaiswal, thus he interviews himself.
Should be worth reading, seeing as he's a Crypto King (maybe he could get together with that other scammer, Ignatova, the OneCoin CryptoQueen).
He is also the http://www.thebitcoinguru.com/ and https://www.facebook.com/TheBitcoinDecoded, although that's not been updated for a while, not racy enough for the guy with a scrap mining empire.
Oh, and he's got that scammer's must have, an interest in a shit coin, Asiadigicoin.
ADCN is heavily promoted by Mr. Ubiquitous MLM pimp Kartike Kanwar, who also lists Gainbitcoin as one of his Get Rich Quick Schemes.
Small world.
Any, all this wonderful pedigree surely justifies Mr. Jaiswal's self description:
Professional Internet Marketer & Coach, Online Entrepreneur, Wealth & Prosperity Consultant
So, let's read some of Guru Jaiswal's
Quote
Power Hashing are a team of crypto currency experts ,entrepreneurs, business developers, network marketers who make a team in this developing world to provide genuine platform, or an idea which change your life, which spread the mission to bring the financial freedom in this world with their power to throw unemployment through from world.
If English isn't your first language, you should really avoid compound, complicated sentences.
Quote
It is the first company in India who have their own Bitcoin Minning Setup,deals in all types of majour cryptocurrencies like Bitcoin,Litecoin,Asiadigicoin,Eherium etc.
I love the way he slips ADCN in the middle there.
Quote
Many revenue share companies, which available in market are suit their premises who deals in crypto,who make false promises as high return programs and short term projects,which were not last forever. Power Hashing is the computational effort of a cryptography proof of work, which confirms by their network, and enable their clients across the globe to generate realistic profits results ……
False promises of high returns? That's terrible, shouldn't be allowed...but Powerhashing doesn't do that, it generates "realistic" profit results....
Like these?
Oh look, Powerhashing and Gainbitcoin, both promoted by Amit Jaiswal from Dehli. I wonder if the Amits know each other?
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