Quote from: crazyivan on March 23, 2016, 06:11:57 PM

Quote from: fbarcelo on March 23, 2016, 03:03:07 PM

Quote from: crazyivan on March 23, 2016, 01:17:03 PM

Quote from: fbarcelo on March 23, 2016, 12:38:00 PM

So cloud mining is not an investment, it's a lottery, if you pick the correct scammer at the correct time you may win, you will loose in all the other cases.

The problem is that your winnings come from money stolen from somebody else. You know this and you approve this. So it s no different then stealing money from that other person by yourself.

Did you consider that if you play lottery and win you are stealing money from others?

We must understand this is not an investment, and they are not real companies it's like a lottery (without the positive social impact of lottery, here the scammer get the big part and of course rules aren't transparent nor fair)
They evaluate the risk of being caught by law and assumes the risk to perform the scam
We should evaluate the risk related to put money on them considering that their main objective is to steal as much they can

Anyway in the process someones are lucky and earns.
With the "real" miners you will loose, slowly, but certain

If they would come forward as say, yes we re ponzi and you can make money only if u gamble, u know how many people would invest? Much less. But they state they re legit and lot of other people do not know they are gambling and do not know their money will be stolen. You do know and still support them. If you want to gamble, use gambling website, there re tons of them. Dont support crypto ponzi cause all they will do is to steal money, shut down the website and then open another one to hurt even more people.

Is this something you want to be part of?

it is right that who ever is telling that invest in this ponzi in the start so that atleast you will get back your investment and then can share some profit which is actually the loss of others. What all have told is absolutely correct. Even if you are first invester , you are taking step to encourage the ponzi scheme and the others are seeing the transaction of other investing and then he also thinks of investing. If genuienly no one invest in this scheme even if he is the first one then automatically they will stop it because when no one is their to invest then how will they run their scheme.

To really finish this ponzi schemes , stop to invest in this schemes even if you are the first one . If no investors are their then automatically they have to shut down this schemes and their wont be anymore fraud or scammers in this bitcoin society.