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RE: Most of my Bitcoins Locked up in the Genesis Mining Scheme and See now Bitcoin Soaring. Aw that Hurts :-(

in #genesismining8 years ago

you can't get out of GM, you have to sweat it out and hope they pay you as much as you have invested in bitcoins - not in usd of course - before 'your contract becomes unprofitable' and they shut it down.

I read somewhere on YT of a guy who invested in GM 2 years ago and he lost 32 BTC at the moment Genesis closed his contract.

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32 BTC that a freaking number :(

My guess is he went in with 100 BTC when it was like 200-300usd and got only 68 BTC back out of his 'life-time' contract. I guess the 1/3 lost goes to those above you in the pyramid scheme.

these pyramid schemes always lead to scams later on i can't even imagine the pain :(