DMYF, Editor's Choice, Faucet News, Faucets, Featured, Funny, Important, News, Scams

How Cointiply Made Our Morning

At first, our browser was like:

cointiply mining game has been closed and redirecting on 502 Bad Gateway


So, we were like, “why not finalise the draft of...”:

cointiply mining game scam has been addressed

…where we (prophetically!) mentioned…:

cointiply mining game

and…

cointiply scam

and Cointiply is like…

The Mining Game is being retired. Cointiply will pay players based on how much they have earned on the site, plus a bonus, over time from a pool based on offerwalls and CointiPlay. Players will have access to a detailed report on their total site activity and how much they have been paid back.

…the first thing that comes to our mind is a visitor’s comment and our reply:

Cointiply mining game scam addressed by DMYF
MrBrightside, whatcha gonna do now? xD

If DMYF can foresee the future, instead of predicting the Mining Game’s destiny we shouldwrite articles like “Bitcoin hits $100000000“…

…sigh.

P. S. Dear All, we hope no one “heavily invested” in the Mining “Game”. We tried our best to warn users to employ common sense.

E. g. read our quote from Cointiply Today: Today’s Status & “Health” Review

Note: Cointiply is not a cryptocurrency faucet. Cointiply is a digital marketing “third wheel party”. Cointiply pays its users a % of what it receives from, say, OfferToro, or Adscend Media, which, in turn, are paid a commission from a sale of your “brand awareness increase”, “demographics, “political views”, or “downloads”.

Digital marketing is what Cointiply is good at. The Miming Game is an excellent example of a move which succeeded at bringing a ton of new users to Offer Walls, – bridging the gap between a product and a consumer. However, the mechanics behind the game were a total fail, – somewhat patched by the introduction of the Gem system, yet dependent upon Cointiply using the short-term influx of finance wisely. What did Cointiply do next?..

Cointiplier: “Don’t withdraw!”
Premium Account: “Don’t withdraw!”
Various promises (withdrawals in different currencies): “Don’t withdraw!”
“Savings” scheme: “Don’t withdraw!”

We kept spending time to repeat the obvious: Cointiply’s Mining Game is unsustainable, it’s profitable only to those who invested early, speculated on Gem prices, or stopped manically reinvesting.

We are not even sure if what happened falls under the definition of a “scam”. More than anything, it is a good lesson to learn from.

Alternatively, you can keep trusting websites such as cointiplyguide.com:

about mining game is sustainable or not..
Source: https://www.cointiplyguide.com/mining-game

…whose owner invested in a level 1 domain, lied, hunting for referrals (attracting hundreds) and, most definitely, earned enough not to give a fuck while DMYF struggled to afford the wordpress.org hosting. But guess what, Mr. Brightside?

While you’re now nervously deleting the content of your moronic “FAQ”, we do not have to edit a single post, we don’t need to change our nicknames, or shut down our website.

Honesty is not profitable in the short run, however untarnished reputation is a vital element of success, as far as journalism is concerned. DMYF is not a “blog about faucets“. DMYF posted meaningless reviews to kill time and stay afloat while working on the new website which, thankfully, will be free of kindergarten content such attempts to scare readers away from obvious scams.

As long as people want to believe in fairy tales, scammers will prosper. Meanwhile, we wonder how vultures, feeding on the faults in human nature, sleep at night.

P. P. S. Cointiply remains a generous faucet, offering biggest stand-alone earnings, second only to Moon Faucets. The Mining Game was a Game. In our very first Mining Game review we stated:

On a more serious note, let us not forget that the “new fun feature” is a game. In any game, you can win and you can lose.

The 90% rule dictates that 90% of those playing Cointiply’s mining game will lose

What more can be said?

Do we regret writing about the Game? Not at all. As long as our warnings were heard, our efforts were not in vain. Observing yet another social experiment from beginning to end was… educational. We empathise with users who suffered losses due to the abrupt closure of the project, however for us, “goodbye, MG” means that finally we can write about topics that we are actually interested in.

In the final episode of the “Mining Game Series” we will try to analyse the “behind the scenes” mechanics of the Game’s finale, make some calculations, describe our personal experiences and, – hoorrayyy! – conclude the melodramatic series, known as “why you should not invest in a project that promises 1.41% daily ROIs“.

Bugs, Faucet News, Faucets, Featured, Guide, News, Scams, Signals

COINTIPLY website down?

Cointiply Website responds with a “certificate error” when you try opening it. Is Cointiply down?

Safari: 
cointiply down cointiply legit cointiply scamBrave Browser:

cointiply scam
Opera:

coinriply minimum payout
etc.

So we said “Hey! What’s going on!”

Opera allows us to “continue anyway”, which lets us open Cointiply.

Ergo, Cointiply is not down. According to the “News” section…

cointiply legit or scam
Cointiply “had problems with their SSL certificates”. Whether you want to trust them or not is up to you. We do not trust anyone by definition. A SSL problem is fixable in a matter of days at most. A “technical issues” excuse is a century-old trick that online businesses use to avoid paying you.

Q: Is Cointiply legist or is Cointiply a scam?

A: So far nothing indicated Cointiply being a scam. However, a security error which scares visitors away and which appeared around the time when people have reached their payout thresholds…

Cointiply

We do not think Cointiply is cashing out and shutting down, but the certificate error is a warning bell. We clearly remember what was happening with CCRB website when the time to pay their customers (they never did, of course) came, – at one point, their “portal” was reduced to one (!) page which screamed “buy our tokens!”.

Q: Can Cointiply just “disappear”? 

A: Hell yes. Tesla Mining even had a registered company address on their website (buying a mailbox for business purposes costs almost nothing in the UK, – NEVER be fooled by a “London address”). Then Tesla Mining just disappeared, going on a summer holiday along with your “investments”. Do you know where Cointiply is based? (we do) When we asked Cointiply a simple “where are you based” question, they have given us a rubbish “anonymity” answer.

We are not saying that the faucet will disappear. What we are saying is that a persistent security issue is not a good sign.

P. S. We have contacted Cointiply asking for some clarity in the matter. We will keep you posted. For now, do not purchase their premium account and consider reaching for a withdrawal. Do not give up and do not let a faucet win, – always make them pay you for your time.. At least once.

Editor's Choice, Mining, News, Scams

Tesla Mining – Legit or Scam?

Dear All,

As predicted, Tesla Mining turned out to be a 100% scam.

When trying to open the Tesla Mining website, we get:

tesla mining scam bitcoin free hashpower scam

We have warned our readers previously and we mentioned numerously that “bitcoin mining” websites which encourage you to “invest” in mining, promising 100000% returns are typical Ponzi schemes.

If, by any chance, any of you have spent your Bitcoin or fiat currency on those websites, we hope you will not be fooled again.

Please remember, – if something smells like **** and looks like ****, it is most likely CCRB (jk) ****.

Read more about our brief investigation:

Tesla Mining

Tesla Mining – “free” Bitcoin Mining… What’s the catch?

Q: Are there reliable ways to multiply your Bitcoin (or other cryptocurrency)?

A: So far, the only service which has a history of payouts and has not been accused of scamming or stealing users’ investments is FreeBitcoin’s “saving” scheme.

Starting with a minimum deposit of 30000 Satoshi, a user will earn daily interest (4.08% p. a.). Anyone can invest their Bitcoin at any time, withdraw the Bitcoin at any time and watch the investment grow daily. FreeBitcoin is one of the oldest Bitcoin services (established in 2013).

Please note that we do not offer investment advice. We do not claim that FreeBitcoin is a Swiss Bank. However, compared to various Tesla Minings, which appear out of nowhere and disappear into nowhere with your money, a service that’s been around for five years and which offers a modest ROI would be our personal choice.

Editor's Choice, Featured, Funny, ICOs, Mining, News, Scams, Tokens

CCRB Token Sale Results – This is (not) a Joke

Before the second round of Token Sale, CCRB’s Whitepaper (sic!) was like:..

CCRB works just like Bitcoin, but removes mining for profit. CCRB is 100% pre- mined and the cryptocurrency is closely linked to cash-back and loyalty platforms.

Based on the Bitcoin protocol, CCRB will virtually eliminate mining for profit – the aspect of cryptocurrencies responsible for harming the environment, through wastage of electricity.

CCRB Whitepaper Fail.png

source (hurry, before it’s taken down)

Awww, “wastage of electricity”, awww. Anyone with half a brain saw past that statement when reading through the “Whitepaper” (we recommend having a read, – CCRB’s Whitepaper is Alice in Wonderland of cryptos).

When the second round of Token Sale was coming to an inglorious end, the official CCRB Newsletter is like:..

First up, we have the Mining CPU tool, which enables users to actively mine cryptocurrency using nothing more than their standard laptop/PC and an internet connection!

Screen Shot 2018-04-27 at 13.56.59

– wait… What about the ENVIRONMENT?..

Basically, the Newsletter piece saying to all CCRB holders and followers: “look to which extent we don’t give a flying f*uck, – Whitepaper? Who gives a damn?

Phantasmagoria? Identity disorder? April Fool’s? Naaah.

Token Sales Targets barely met halfway.

Featured, Guide, Mining, News, Scams

Tesla Mining – “free” Bitcoin Mining… What’s the catch?

As we have previously mentioned, we created an account with Tesla Mining, a “Bitcoin mining” company(website) which offers 200GH/s lifetime hashpower to anyone who creates an account… for free. 

DISCLAIMER: We created the account in order to find out more about “mining” companies and we are NOT advertising Tesla Mining. Moreover, we do not recommend investing in “mining” companies which advertise their services online as most of these companies are scams

Since the minimum payout is 0.0005 BTC, while monthly “base” “earnings” are 0.0006 BTC, we are extremely curious as to whether Tesla Mining will pay out, since the hypothesis is that it is merely a prime example of a ponzi scheme, its business model is based on client network expansion and it is unsustainable in the long run.

Not only Yesla Mining offers 0.0006 BTC monthly, but 7% of referral earnings, so… What is the catch?..

Well, finally, it became evident that, unless a referral makes a purchase, you will not earn anything. Voila!

Is that mentioned on the company’s website? Hell no!

tesla mining bitcoin mining cloud mining free hashpower scam
LIE!!! In truth: YOU WILL EARN NOTHING unless your referral makes a purchase.

According to “support” which, surprisingly, responded to our question (note the English of a customer support representative who works for a “UK-based” “company”):

tesla mining faq

Surprise!.. Naturally, our second question was left unanswered:

tm
If you will see anyone advertising the opportunity of making a purchase from Tesla Mining… You get the gist.

Ergo: Tesla Mining inadvertently encourages registrants to promote its paid services and its FAQ provides misleading information. “Support” avoids answering uncomfortable questions… All signs of a scam.

To be continued.

Airdrops, Buying Cryptocurrency, Coins, Editor's Choice, Featured, Guide, ICOs, Markets, News, Scams, Signals, Tokens, Trends

5 Biggest Cryptocurrency Scams

Cointelegraph published an article detailing five notable cryptocurrency scams.

cryptocurrency scams onecoin bitconnect plexcoin centratech pincoin

Source: https://cointelegraph.com/news/unpacking-the-5-biggest-cryptocurrency-scams

“The crypto community needs to promote financial education and ethical investment practices, otherwise governments will over-regulate and stifle real innovation. The most effective way to protect investors is through education. Investors need to learn how to evaluate investment opportunities, quickly spot scams, and know how to manage risk.”

The crypto market has immense potential, but is still immature; should its reputation continue to be tarnished by shady companies and schemes, governments will not have a choice but impose regulations at a stage when over-regulation can be lethal to the market as a whole. The sooner the market learns to self-regulate, the better; hence, pointing out scams is one of the objectives of this blog. We do not give investment advice, however we do encourage the readers to use common sense and critical thinking.

When looking at an ICO…

  • Read the Whitepaper. Is it up to industry standards?
  • Have a look at the Roadmap. Has it been followed up until now?
  • Have a look at the Team. Is it composed of Tech guys, or Salespeople?
  • Is the project unique?
  • Are there valuable partnerships? Are the partnerships real?
  • How approachable is the team?
  • Is the strategy clear and concise?
  • Are the objectives attainable and realistic?

If you have already invested in coins/tokens/ICOs…

  • Have a look at your portfolio. Critically examine the progress of every item.
  • Has the company made any progress since your first look?
  • Does the project show real signs of life, or is starting to seem abandoned? (beware, – after recent price falls, many companies are thinking of exit strategies)
  • Is the team expanding or contracting?
  • How has the market reacted to any news regarding the project?

Etc.

P .S. DO NOT FALL PREY TO FOMO. Many “investors” felt FOMO when looking at Bitcoin price in December.

 

Giveaway, Mining, News

Tesla Mining

It is known that most “mining” companies actually “mine” users’ deposits (Ponzi scheme) and disappear, once the pyramid crumbles under its own weight (when new deposits are not enough to cover the payouts to those who made deposits earlier).

Tesla Mining offers its users 200 GH/s active hashpower for free, though. Yep, for free. Which results in…

free bitcoin mining.png

…and sounds completely unsustainable.

The FAQ section boasts:

mine bitcoin tesla mining free hashpower

…yeeeah, riiight.

At the moment, Tesla Mining houses circa 1500 users, according to its front page, which is young for a “mining” Ponzi scheme.

Time will tell whether the “free hashpower” is a simple scammer’s trick, or miracles exist.

We have registered on Tesla Mining and will post “insider” reports.

NOTE: Can’t resist the FOMO? Feel like being a part of the experiment? Feel free to sign up using our referra link, but DO NOT EXPECT ANY PAYOUTS, or ANYTHING AT ALL, apart from entertainment value. Moreover, should you wish to register, we would recommend refraining from disclosing your personal e-mail address, or any other personal details. Moreover, we DO NOT recommend investing in Tesla Mining, or similar companies, as so far, it all screams “SCAM”.

Many Ponzi Schemes pay out to their first registrants, however in the end, they all fall. 

Typical signs of scammy “cloud mining” operations (questions you need to ask):

What is mined? Where is it mined? Who are the team behind the project? Can you contact the developers?  Is the website well-designed and well-written? What does Google say? Does the business model seem sustainable?

Be careful out there.