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Topic: What's happening to bitcoin ? - page 3. (Read 3347 times)

legendary
Activity: 2016
Merit: 1106
November 07, 2016, 12:25:04 AM
#64
it has nothing to do with halving
it is that "cloudmining" is usually a pure HYIP disguised as a cloudmining service
with no facilities or no exit strategy,best cloudmining HYIPs lived for almost 2 years(Hashocean, btcmine) rest collapse far earlier
usual cycle is 2-6 months
there is a great topic on btalk on how to determine if the service is scam or not based on several criteria:
https://bitcointalk.org/index.php?topic=878387.1820
I recommend everyone read it,so  no more questions like "Is this cloudmining site legit" arise
hero member
Activity: 910
Merit: 500
November 06, 2016, 11:37:11 AM
#63
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
lol.. scam is scam, doest matter how much time it's needed to go offline.
they are quickl turning to scam because the price have high volatility right now so it's hard to pay everyone for a longer time.

stop investing in these scams and search for a real investment.

Exactly, we should really never try to put our amounts  on any obvious scam platforms. This people are somehow good at marketing that is why they can able to manipulate users mind especially to those who really don't have an idea on the real business.
full member
Activity: 224
Merit: 100
Building Wealth through AI and the power of the bl
November 06, 2016, 11:33:40 AM
#62
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided

If you are interested in mining, I recommend you to do a deep research into mining and try to assemble a mining rig of your own. There are tons of materials relating to setting up and running rigs all over the internet.

I have tried genesis and hash flare and haven't made profits or got my initial investments after waiting for 6 months. I tried hashnest and was able to sell my hashing power and make some profit. Do your due diligence before investing into any new cloud mining sites!
hero member
Activity: 1092
Merit: 520
November 06, 2016, 11:01:27 AM
#61
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided

What has the fact that cloud mining scams exist got to do with bitcoin, your subject said whats happening to bitcoin ?  

these boards are getting worse  Roll Eyes
full member
Activity: 210
Merit: 100
November 06, 2016, 11:00:34 AM
#60
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
lol.. scam is scam, doest matter how much time it's needed to go offline.
they are quickl turning to scam because the price have high volatility right now so it's hard to pay everyone for a longer time.

stop investing in these scams and search for a real investment.
hero member
Activity: 854
Merit: 500
November 06, 2016, 10:03:59 AM
#59
After halving even mining for real with mining rigs have become not profitable and what cloud mining is doing is just paying old investors with new money so there is nothing like mining reward affecting returns from cloud mining. Cloud mining are just hyip, never consider investing in any cloud mining sites.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
November 06, 2016, 08:54:17 AM
#58
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided

They  really easily turn into scam  after halving  because  the price  have rose  up and  also  to those  mining sites  do use  old miners  are not   profitable already but  most  of cloudmining  sites  doesnt have  any  legit  mining farms  and thats why  i really avoid this  kind of schemes  anymore because  they are  just a waste of time.

If you guys are not still learning from those cloud mining and hyip sites and you are still hoping to earn from them by investing earlier to them then I would say that you are really fool. Of course that is the job of those scam sites if you invest into scammy ones for sure they are not going to allow you to withdraw your bitcoins to them.


I do agree with that, there is scam sites who pretends and convince people that they are the most reliable investment site. But in the end if people trust their platform declaration of site is close and future of those innocent investors is like a smoke that vanished no one to be sued because it cant be traced. With regards to cloud mining, i think its not a good idea nowadays mining is not that progressive compared from previous years because there's no more invested in mining due to lot of scammers as i've said most of them scam promises.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
November 06, 2016, 04:20:48 AM
#57
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided

They  really easily turn into scam  after halving  because  the price  have rose  up and  also  to those  mining sites  do use  old miners  are not   profitable already but  most  of cloudmining  sites  doesnt have  any  legit  mining farms  and thats why  i really avoid this  kind of schemes  anymore because  they are  just a waste of time.
sr. member
Activity: 280
Merit: 253
November 06, 2016, 03:33:47 AM
#56
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
There are quite number of legitimate cloud mining sites. Most of the sites that turns scams are those from greedy folks who just want to make money as quickly as they can so they create fake cloud mining site and dupe innocent people of their hard earned money.

i doubt that very much. if there is a so called "legitimate cloud mining site", then they are just building up the userbase, so they can steal more once the scam starts.
ask yourself why would anyone offer you money instead of making money themselves? let us even assume i am a good guy and take the loss and mine not for me but for other, so they can make some money. why on earth would i want those other to be strangers on the internet and not my family or friends?
sr. member
Activity: 1988
Merit: 322
November 05, 2016, 03:12:48 PM
#55
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
There are quite number of legitimate cloud mining sites. Most of the sites that turns scams are those from greedy folks who just want to make money as quickly as they can so they create fake cloud mining site and dupe innocent people of their hard earned money.
newbie
Activity: 24
Merit: 0
November 05, 2016, 11:25:03 AM
#54
Yep right now im different methods to earn bitcoin im done investing and getting scammed
legendary
Activity: 1008
Merit: 1060
November 05, 2016, 07:56:51 AM
#53
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
They last long back then because they wanted to get as much money as they can. Staying longer makes them look legit and trusted. The longer they stay, the more people will invest in their website because people keeps promoting them and posting referral links in different forum sites.

My advice for you is to move on and accept the fact that all investment sites are just there to scam you. Work hard and you'll earn much more than you can in investment sites.
hero member
Activity: 756
Merit: 501
November 05, 2016, 07:55:30 AM
#52
Lets be realistic all those mining sites are scam, doesnt matter if they have or not real equipment, they wont share their revenue with us if they can earn it alone, i do know the earnings into most of them just dropped and werent to half but much more, those are just like hyip, playing with the money from deposits, otherwise i do believe if you had invested 1000bitcoins into mining company they should use those or to invest or to trade.
legendary
Activity: 3150
Merit: 1392
Join the world-leading crypto sportsbook NOW!
November 05, 2016, 07:53:05 AM
#51
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
Is that so? I am not into mining but I thought there were some official pools with guarantees and so on and that the problem is that you can't earn much there. As Bitcoin mining becomes harder with time, people want to find something which is still profitable. Thus they become trapped by those who offer them a lot and give nothing.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
November 05, 2016, 06:58:38 AM
#50
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
cloudmining websites have been scamming for as long as i can remember. its just that they reveal the scam a lot faster now. also dont try to invest bitcoin online, bitcoin itself is an investment.

That's the truth, bitcoin itself is a perfect investment compared to most other investment availability. Also bitcoin as a form of digital currency gives earning similar to the earning got from investing with its price variation happening at certain time intervals. On this account its better to have the bitcoin into your wallet than losing through some scams.
hero member
Activity: 3094
Merit: 929
November 05, 2016, 04:25:24 AM
#49
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided

Yes,there is no legitimate bitcoin investment site these days.

There is no authority that controls all the cloud mining,investment scams and they can easily scam people.

Just trade cryptocurrencies and don`t give your btc to some scam project waiting for huge interest.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 04, 2016, 11:31:54 PM
#48
Cloud mining are already a fraud investment from a long time ago, but the users just realize after he is already running for some years ago, I just think about ROI in the cloud mining site that's just like bullshit, totally a lot of people are just got long for reaching their ROI and totally this just working for payback his capital.
And the doubt of the massive users of the cloudmining site appears at they are not able for paying their users.

Too risky give your amount into the other's hand in this day.
hero member
Activity: 672
Merit: 500
November 04, 2016, 08:37:18 PM
#47
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
It Is realy hard to find the real legimate site this day. becouse Being legimate mean that the investment site, the site must under police supervising and also mean that goverment control the investment site and bitcoin. so I think if we want to find a legimate investment site, the site must from the country that was accept bitcoin and not being illegal in that country, and The site must registered as legal industry in that Country. So if the investment site turned in to a scam, the police can do something to take the developer into the jail.
hero member
Activity: 1092
Merit: 520
November 04, 2016, 08:37:02 PM
#46
I think anyone with a bit of sense now knows that cloud mining is a complete scam and you should stay away.  mining altcoins yourself can still be profitable with the right coin but as for bitcoin unless you have a million pound to sink into it dont bother......  Cry
sr. member
Activity: 386
Merit: 250
November 04, 2016, 08:21:15 PM
#45
Before Cloud mining sites last long but now they are quickly turn into scam. This began After Halving how sad.
Is there no legimate investment site this days ?  Undecided  Undecided
cloudmining websites have been scamming for as long as i can remember. its just that they reveal the scam a lot faster now. also dont try to invest bitcoin online, bitcoin itself is an investment.

Indeed it is basically an investment is the most easy and fun to raise money we have, but sometimes there are just sites that utilize the things that we are afraid to invest again. So, indeed bitcoin is an excellent place for investment, just as we invest in Gold. So if you don't want to get a loss or a scam then it is better to store the bitcoin and add more
Investing money in bitcoins is the best thing to do at a moment as price has started to rise and we may see more higher price in coming months so buying and holding them for future is the right decision to make and sell them when you see higher price to secure the profits.
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