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This is a scam. You will lose all your money.

It’s only common sense. Value does not come from nothing.

[quote=“Chronos, post:2, topic:3512”]This is a scam. You will lose all your money.

It’s only common sense. Value does not come from nothing.[/quote]

But it is…

+ Unique Platform

Oh No!! :omg: Please, say it aint so! :o

:slight_smile: :wink: ;D

I don’t see peercoin on that magical site.

I wouldn’t even visit that magical site, unless you like magical viruses.

this “magical site” is still paying me. Don’t see your problems.

Hi man201,

if I send 11 Mio. Bitcoins to the site, will I then get a total of 22 Mio. Bitcoins back?
In that case, the hard cap of the number of coins in the core protocol would be broken.
Gavin will be super angry, unless this turns out to be a pyramid game.

So let’s all pray that this is just a pyramid game, and that the core protocol is not broken. ;D

why arent posts like these that promote scams deleted?? they the peercoin community look bad

I prefer keeping them to point out what they are: scam.
If you delete them, you will make some people complain about censorship while you leave others who are not very familiar with these topics that just search for information without the necesaary part of information: this looks like scam.
Feel free to try it, but don’t say you haven’t been warned :wink:

Keep them, flag them.
Peace!

I prefer keeping them to point out what they are: scam.
If you delete them, you will make some people complain about censorship while you leave others who are not very familiar with these topics that just search for information without the necesaary part of information: this looks like scam.
Feel free to try it, but don’t say you haven’t been warned :wink:

Keep them, flag them.
Peace![/quote]

Thanks for pointing this out masterOfDisaster

I have received 2 separate spam / scam accusations against this post and the other from users on the forum but have been hesitant to remove the post as I do not want to be a dictator in the censorship on the forum. The post has been done by a genuine user on the forum as their first two posts are short but mention ppc / peercoin and that the user is happy to be here on the forum. To censor this post as it is a PONZI scheme seems a little overkill as the site has not been proved to have a bad reputation in stealing money or dishing out malware and or viruses to your PC. Ponzi schemes are liked by some and not illegal in many countries, is just another form of gambling etc The post is in the alt-coin section so not trying to claim to be specifically Peercoin related ( and yes I could not see Peercoin on the site either)

I am very pleased to see the first reply to the post is a very level headed response and warning to all users from a trusted member of the community:

[quote=“Chronos, post:2, topic:3512”]This is a scam. You will lose all your money.

It’s only common sense. [size=14pt]Value does not come from nothing[/size].[/quote]

but yes it serves as a real nice warning to new forum members or people new on the internet. It is important to keep and show the feedback of such sites and promises. Anyone remember the Pirateat40 Bitcoin Saving and Trust? https://bitcointalk.org/index.php?topic=50822.0 massive PONZI scam in the bitcoin world and it is important to learn from mistakes and history, not to just delete them or cover it up, otherwise how else can we or new people learn from them?

[member=32536]man201[/member] perhaps you could explain more your involvement / relationship with this site and knowledge on how it works etc. Are you a developer of the site? Are you someone who has put money onto the site and by advertising / posting about it somewhere does this increase your earnings / reduce your time till payout as you get referral fees? Are you aware of the Pirateat40 Bitcoin Saving and Trust ponzi and how many people lost money on that and that he was officially charged for his involvement in the matter? http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539730583

Would you give a random stranger on the street $100 if they said to meet u again in a week and they will give you $200, when you have no name, contact number or address of the person you are giving the money to, add to that you can’t actually see their face or identify their gender, race or height… are you likely to trust this stranger with your money?

If anyone does try this site, then please for the benefit of all post your experience and thoughts on here, again you have been warned NOT to use this site by many, myself included, but to have a first hand account of someone who actually used the site is actually worth more to prove the point of all the warnings made and serve as a warning to others, and at that point there is evidence to edit and lock the thread with a scammer header etc

Fuzzybear

LOL, this.

every site with such crazy high revenues is a ponzi scheme!
unlike btc,ppc,nbt and other cryptos that are not.
search about ponzi and how it works to understand where all these air profits are coming from :slight_smile:

I say keep the topic/post if desired but censor the web address in case there is anyone foolish enough to click through to it. On one hand they only have themselves to blame, but on the other who wants money going to scammers?