TOP 5 WAYS TO SPOT A CLOUD MINING SCAM

in #dlive6 years ago (edited)

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Hello friends!

Today I made a video regarding cloud mining scams and on how to spot them.

My video is at DLive

This video was made after a comment from @rehan12 on my last post .

I really hope that my video will help you to spot scams in the future and I wish you all the best.Cynetyc Out!

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That was a very good inforation and guide there @cynetyc ! The Alex Jones meme scared me 😨

Good ha ha ...Alex Jones is useful sometimes for immortal memes on the web.

quiet informative man, we should bring awareness about the scam, you did a great job man
Cloud mining WOULD make sense, But the demand-hype in the marketplace prevents this from happening, since there are too many other people willing to buy these mining contracts even if they will lose money that it is almost impossible to buy a mining contract that is likely to have high profits for you, or alternatively, that guarantees any profit or offers any protection of your investment against difficulty changes...

Most people that invest in cloud mining lose money and call it a scam. Basically they underestimate the increase in difficulty and the maintenance fees that eat away the profit making it almost impossible to break even.

Actually that's just exactly d point

its so great video agains scam,,all time if we become carefull,,
its will graet to protect ourself ..thanks for inform

Very informative video. There are many online scams around us and we really need to be careful. We should follow the expert advises from people like you! Thanks for the video.

Ready and watching. I’m curious to find out how to spot these mining scammers.
$500.00 per bitcoin at that time was a lot, now it’s not. There is this saying “everyone is general after the war” you would make the right decision if you kept it, but you did the wrong decision, you felt for these nice mind blowing manipulators and you eventually lost. But you learned thanks to your mistake. I’m learning thanks to your mistakes as well. These lifetime contracts as you mentioned, in most cases it’s just another way to assure people they are reliable, but at the end it’s just another scam. Even though authorities can locat them, I probably would just let it go if I didn’t invest too much. I would have to take it as a lesson.

Thank you very much @milano1113 !
I am happy now to admit my mistake and to share that with the world in hopes that many people will learn from my mistake.
After some years ...I can look back on my videos...and remind myself of what dangers are out there...in virtual space.

Belive it or not, but I’m really glad I can learn from your mistakes. Sometimes it’s hard to admit your own mistakes, not everyone does that, their pride doesn’t alow them. But you did, you are sharing it with us and I have a huge respect for you for that.

Hey my friend that is indeed great will keep the points in mind and will use them to pick up the right one.

Go ahead buddy keep on helping others. As there are people who believes people like you and your honest comments. Keep on going @cynetic you will always have the support of uncountable followers along with me by the side .

Thank you very much @rehan12 for giving me the inspiration to create this post!

You had it all inside you my friend.

A video with lots of effort. It was an informative sharing of us. Thank you @cynetyc

Really sir, very important video for us and very learning things.Thanks for sharing with us

Very useful information so we have to be on the defensive when we invest any money in any site, thanks for the video. Regards

another great informative post against scamer,,,its really so sad news when we are fall by scamer,,we should take a necessary step against them,,
so great inform dear sir,

This may be one of the trickiest scams in the book. It is notoriously hard to detect.

The reason for this is that many cloud mining websites are actually genuine.

Cloud mining involves the pooling of monetary resources in order to rent a rig which would then mine Bitcoins. In legit operations, this setup works entirely and you would be able to generate decent returns.

These scam websites appear and pretend to be an investment vehicle for mining cryptocurrency and then simply disappear with your money once you get suspicious.

Many of them get harder and harder to detect...but by sharing information between us users we can spread what we learned and maybe keep clear of them.

Now this is very useful for everyone who is a crypto enthusiast thanks for making such post these are very helpful :)

Interesting ways to spot a scam. Every field is flood with scammers so smartness can save you.

you did an awesome job man great tutorial great effort your hard work looks like. great work well done keep it up :)most important starting was superb ;)

Very informative... The world is full of scams today and with information like this you could make the world a better place ☺

Helpful video.Thanks for sharing it

Now the points discussed in the community are the most discussed. You have posted an important blog about one of the topics in it. I think there are a few ways to save our lives, because the problems that are being identified here are passing through difficult situations. Whether the community members should know the issues and play an effective role have to do.

Your posts are making the people smart.. Making ur name screeem out correct.

Keep helping and lets kick the filthy scammers in the booty..

your sharing very great video in your post.just excellent thought of.you. its so great video agains scam,,all time if we become carefull,,just awesome creativity..my dear friend @cynetyc..thanks to sharing for your great video..very well done..

alex jones really very important of memes.. but sometimes.. are many online scams around us and we really need to be careful..very great thought.. friend @cynetyc

It's fun to enjoy. DLive is very cool and very inspiring! Thanks for sharing @cynetyc!

Great post sir.
Its really very informative post.
I appreciate your work.
Amazing dlive video.
Great tutorial.
I learned lots of things from you sir.
Nice content.
Very well articulated.
Excellent job sir.

Thanks @cynetyc for sharing this post.

Upvoted + resteemed your post.

Thanks for this very insightful and useful information it will go a long way to help people to avoid been scam by these fraudsters in the name of cloud mining companies.

Hello @cynetyc, excellent video, but some people continue with evil, they become masters of evil, what a bad way to use the brain.
Happy Sunday :),

Very good guidance of cloud mining scam @cynetyc. Very useful for us. Thanks you it shared to steemit community.

Thanks for made informative post for protect scammers. Nice effort @cynetyc. Definitely priceless one.

You given best learning point to us. This time also better video tutorial sharing. Thanks to you supporting task @cynetyc.

@cynetyc, That would be very useful information video of how to click five ways cloud mining scams. It's glad to shared with us. Thanks.

Hey, @cynetyc Really informative video. I appreciate it dear..thanks for sharing such a great post..

nice vedio..
thanks for sharing such a good post dear.
👍👍👍👍👍

This is a very good guide @ cynetyc, but the risk for loss is also very high here ..
So it must be very careful ..

Really informative video. We should be alert about scam as many scam are now. Thanks sir @cynetyc for your valuable advice and helpful video.

that's a learning one..
I appreciate it dear..
thanks for sharing with us..

that's a precious work..
I support it dear.
thanks for such a great work..

good job dear..
there has many things to learn from you..
👌👌👌👌👌

amazing video sir... great information sir... it'll help me a lot. thanks sir.👍

Impressive how people can watch a 27 minutes video in 4 minutes ^^.
Best regards

thats great thansk for sharing keep it up

A very inspiring tutorial! I am very grateful to enjoy this tutorial. Thank you @cynetyc!

I agree with your key points that you suggested in your post.
I am new here and your post helps me a lot to know more and more about this platform.
Very informative post sir.

Great work sir.

Thank you @cynetyc for sharing this post.

good post & nice vedio..
thanks for sharing such a great post..
@upvoted

The topic you discussed for the community is very valuable because the scheming here is currently discussed, which is entirely dependent on the members of the committee because if they start reviewing it, then the committee will know all the issues.

With great men like @cynetyc showing us great tips then be
rest assured of a better tomorrow ☺

That's an important video and helpful too..Despite how people portray it, the cryptocurrency market is far from perfect. There are still a vast variety of scams that exist along with projects..2nd and 3rd way is awesome,,I like it,,
Thanks for sharing,,
@upvoted

Very informative dlive live video..

Valueable knowledge for everyone.
Thank you so much for this information.

This is a very important website, and what you wrote about Bitcoin must be very important and I was unknowingly thank you important thing.

very good inforation

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