Quote from: arallmuus on February 19, 2015, 11:28:23 AM

Quote from: CointellectUser on February 19, 2015, 10:47:51 AM

Quote from: chasmacd on February 19, 2015, 10:11:18 AM

At least I didn't lose too much (I was using money I could afford to lose anyway).
Spent 314.90
Return 102.40
Loss 212.50
Owing 64.32 (currently)
Will probably never see the owing now Sad

It was one of the most clever BTC ponzi schemes to date. They had their own software, a stratum server, and return on investment (plus profits) for a number of people. If it sounds too good to be true ... it probably is!

Exactly as you say... And they even sponsored cryptocurrency conference in London and participate on it... So it looked like really serious company in comparison with some other that are completely anonymous... But it is true that the earnings versus hashrate versus Dogecoins - it is normally impossible if they're not geniuses and they don't find their own way to mine Dogecoin blocks faster...what is almost impossible

so supporting a crypto event is considered proffesional? well hashprofit sponsored a conference too and GAW is one of the main sponsor for the bitcoin conference in miami , guess they are not really proffesional then

Ok, you are right that supporting the conference proves nothing but it is easier (by my opinion) to find the particular people behind the company and to start the law-suit against them. But they are very clever - they (Cointellect) can argue that they made the effort to recover the services, payments, etc. but the market state was against them... They communicate with users regularly, they "allow" withdrawals, they've not stold but only froze our profits in the Held status, maybe the have really given the Swizz cards to some selected users and maybe they really bought some miners from the China supplier... They are not stupid and all it is very well-considered fraud...