Category: Bitcoin

Most likely. Red flags: 1. Deposits are not properly credited to accounts. 2. There is no way to contact customer service either via email or from the website. 3. The same people run another site bitmineglobal.com with contact information showing only the city and hours of operation. 4. bitmineglobal.com is registered as private – no... Continue reading Is splititmining.com a scam?

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It’s official! microwallet.org stopped paying on time. Perhaps not paying at all. A message on the site states: Processing the withdrawal rarely takes more than 48 hours. Don’t send email about it unless you did not receive it within 7 days. Thanks. There is a problem, however. It has been three weeks as of the time... Continue reading Trust Fading in microwallet.org

People who don’t have any Bitcoins and would like to acquire some to learn the system could simply buy some. There are sites out there where Bitcoins can be purchased using a credit card but… The “but” is that learning the system can be fun if you do it from scratch. Kind like playing a... Continue reading Mining Bitcoins

So many sites, so many choices! It is hard to resist if one is looking forward to investing his idle Bitcoins. There is no certain way to know if a web wallet or a site promising some juicy interest will ever pay back. There are warning signs though. The swindlers‘ business model is simple – temptation. You... Continue reading Bitcoin Scam Warning Signs

In the world of Ponzi schemes where new entrants’ deposits fund interest payments of early entrants into the game I noticed another newcomer http://investbtc.org. A quick lookup of Internet domain says it all. The domain was only registered in November 2014 for just one year. I guess these guys are not planning to stick around... Continue reading investbtc.org a scam?

What is a faucet? You may ask. It is a website which pays you for viewing ads. You can earn free Bitcoins or some other money like US dollars when you visit. Bitcoins seems to be my choice because one can do so much with them without going through the hoops. Of course, first things first. You... Continue reading Best Bitcoin Faucets

In the vast Bitcoin faucet world some sites stand out because of higher than average payments. Bitvisitor.com one of our past favourites because they started to skip Bitcoin dispenses. The visitors are greeted with “Invalid Visit. Please try again in 24 hours.” after claiming a dispense. It is unclear if this is a technical glitch or... Continue reading Bitvsitor.com skipping dispenses

There are many sites promising to double your Bitcoins in 100 hours or so but do they deliver or are they scams? Here is a list which I will research. A word of caution – none of the sites listed are recommended and they are listed for informational purposes only. None of the content of... Continue reading Bitcoin Investment Sites

   itcoin.biz claims to invest your Bitcoins in arbitrage, currency trading, mining and crowd funding while offering you interest from 1.6% to 3.1% per day. Everything seems to work as promised until an account holder attempts to make a withdrawal. The site’s FAQ states: How long does withdrawal from ITCOIN take? All withdrawal will process... Continue reading Is itcoin.biz a scam ?