Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁

Just for your information: I have modelled the payouts and income from Bitcoin Cloud Services. They are now probably paying out more BTC to their users than they receive as income from new users. For the period from Apr 23 to May 5 they probably lost approx. 25 BTC each day.

Draw your own conclusions...

What if they had got 25+BTC before April 23?

I used my model to calculate that as well. In the past they made (huge) profits. This is the first time they are losing Bitcoin for a period of time.

It is very likely that Bitcoin Cloud Mining is a Ponzi scheme. As such they will probably not want to run on a loss for a long period of time. If they continue to lose money, I would expect them to shut down the operation in the next couple of weeks.

Heh. We ll see how good are your forecasts. For the sake of people who invested there, I home your are wrong.

They lost 60-70 BTC/day in the last two days. Thus, they might try to make a new offer to boost their sales one last time. After that the Ponzi will collapse. Unfortunately, there is no hope in this case.

I made some investigations and came to the same conclusion like wintermute. look here: http://imgur.com/vloNN4K

And Wintermute is right about the last try to boost their income. They offer "ONLY THIS WEEK" 2 years contracts for the price of 1 year - look here: https://www.bitcoincloudservices.com/

Let us see how good are you two in doom forecasting. According to you, Bitcoincloudservices dies in about 2 weeks, right?