Nothing to talk about money deposits, who the hell would deposit so much in unknown website.
Most people obviously wouldn't, but considering that renewing domains and hosting costs next to nothing nowadays, the scammers can wait months or even years for newbies finally bite.Scammers usually don't operate just one site, but a multitude of them. I'm pretty sure that the few newbies that fall for these scams generate the scammers tens of thousands of dollars annually. Solid ROI for so little work and risk.
Things will only get worse when the crypto as a whole goes parabolic. The people and institutions investing in Bitcoin aren't the dumb retailers that went nuts on altcoins back in 2017/2018. Once they come back, prepare for worse.
This is like when BTC made the run to 20,000, and ICO's where the biggest thing ever. We saw so many new people come into the industry, look at ICO's, and due to lack of experience, fall to ICO's that look like obvious scams to people who understand, but for the new investors, they just see it as a quick way to profit off.
This user made 3 different threads just to discuss about Coinflaire.com. So he/she might be involved in that scam. At least with the current owner.
If 11% a day profit was achievable with Bitcoin mining, everyone would have moved towards that.
Real mining is profitable in large scale but cloud mining has always been a trouble to keep up with the investment and profit. Even the legit ones like Genesis Miner or the little scammy but pool operator minergate failed to make a profit for it's users.
If the user is involved in Coinflaire, I don't know what he'd get out of posting here, and asking if his own company is a scam. Obviously, no sane person would throw money at the site after looking at this thread and the responses by all of us.If 11% a day profit was achievable with Bitcoin mining, everyone would have moved towards that.
Real mining is profitable in large scale but cloud mining has always been a trouble to keep up with the investment and profit. Even the legit ones like Genesis Miner or the little scammy but pool operator minergate failed to make a profit for it's users.
HI ALL,
I'M NOT THE USER OF COINFLAIRE, I'M NEWBIE AND SEEKING ADVICE, LUCKILY MY CONSCIENCE SAVE ME FROM BEING SCAMMED. HOW I KNOW?
COZ THE OTHER GROUP OF MINE GOT SCAMMED AND POSTED THIS NEWS. HERE'S THE CHRONOLOGY OF THE INCIDENT :http://blob:https://web.whatsapp.com/d518c177-4752-452e-a1a2-f1b08b5300a4
THAT PICTURE SHOW THE AMOUNT CAN BE WITHDRAW BUT HAVE TO DEPOSIT AGAIN XXXXXXXXXX$ AMOUNT.
INITIAL DEPOSIT FOR $2000 AND GOT FANTASTIC GAIN. COUPLE OF DAYS LATER GOT EMAIL FROM THE COMPANY THAT HE HAD TO DEPOSIT MORE MONEY ANOTHER $2000 TO UPGRADE ACCOUNT AND GET MORE BENEFIT AND HIGHER GAINS AND HE BUYS IT. HE MADE THE DEPOSIT AGAIN BECUASE THE LEADER SAID THAT NO WORRY COZ THE LEADER DONE IT BEFORE AND COULD GET WITHDRAW LATER ON, THE LEADER SAID WITHDRAWAL WAS SMOOTH AND FAST. THE COMPANY EVEN PROMISED HER THAT NO HIDDEN FEE AND JUST RELAX UNTIL WD TIME. WHEN THE WD DUE, THE COMPANY ASKED TO PAY AGAIN THE ADMIN FEE AROUND $12,050 SO COULD GET THE WITHDRAWAL MONEY. HE CRIED OF THIS COZ GOT SCAMMED BY THE COMPANY. ANYWAY FINALLY CANT GET WITHDRAW COZ HE DIDNT DEPOSIT MORE. THE LEADER ALSO DIDNT RESPONSIBLE FOR OF WHAT HIS PROMISE TO THE GROUP.
BEWARE OF THIS coinflaire.com , ÍT'S SCAMMED WEBSITE.
