Quote from: terry205 on December 02, 2013, 12:21:11 PM

Quote from: Dannie on December 02, 2013, 11:31:04 AM

Quote from: matounet on December 02, 2013, 01:11:36 AM

Hello Everybody,
I'm newbie here, and in bitcoin to (a few months)
I want to tell my story to avoide other people make the same mistake that me.
At the end of october i've placed about 4 bitcoins in bitcoinera.net and at the beginning of november i had the 6% they promise.
So I decided to withdraw all. No problem my 4BTC and a few came in my multibit wallet. I was very happy.
So at the end of november, after a few investments I had nearly 6 bitcoins.
I decided to replace them in bitcoinera to touch 6%
the 30th of november I had my 6% in my wallet and so more than 6 BTC
So I decided to withdraw them to invest like the past month...
But I can't!!!
The only thing I have after I do the withdrawal is a blank page, and my bitcoinera wallet full
but nothing in my multibit wallet.
I contacted them with their contact system but no answer.
Bitcoinera is a scam, so don't use it.

6% monthly return lol?
All these kind of HYIP (high-yield investment program) will eventually go to scam.
It is just not possible for the owner to provide that kind of return.
Please be more careful next time

This.
But leaving that aside, bitcoin has returned me more than 6% a month , in usd value.Ironic right?

I think the two situations are different.

When you compare one asset to another asset, it is not that rare to see some "crazy" appreciation.
eg 1. stock price (in fiat) could go up/down 10% a day easily
eg 2. silver price (in USD) could go up/down 10% a day occasionally

But the Bitcoinera case is not like that.
You deposit BTC, and you get 6% more BTC next month. Even if BTC price goes up, it only makes the owner more difficult to repay.