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Re: CloudMining.website is offering 1 GHs @ 0.001 BTC | 5% affiliate commission
by
Anyayakubu
on 12/12/2014, 23:28:54 UTC
pbmining also paid for almost a year.

But achieving that required an ever increasing influx of new victims throughout that year.
One would hope that pbminings collapse has opened enough eyes that is very unlikely to be repeated.
More so if you consider how many of these ponzi's are being launched each week, all competing for the same suckers.

FWIW I will be surprised if this ponzi is still around after February and flabbergasted if it lasts until next summer.
IOW, even the earliest investors will likely not profit.
         Puppet in the past when you said, these things, I had to suffer reading through, 5 pages of --- well Pb mining always has paid out, other arguments as to how this would continue. This argument went on for months. I was in that camp too.  Now, I see what you say has held true. I too have taken a loss on PB. I think this has opened my eyes, and I'm only going to buy and Hold from now on. I'm a big girl and absorb these losses but hope not to act foolishly with my bitcoin in the future.