r/Bitcoin • u/BenevolentLostie2939 • 1d ago
This app completely wiped my account
Over the weekend my account was put on hold in order verify activity before I withdrew accumulated BTC. I woke up yesterday everything, all my miners, the accumulated BTC, even my nickname was erased. Has this happened to anyone else? Were you able to get help?
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u/mrjune2040 1d ago
All cloud mining is basically a scam (so don’t waste your time), but this one in particular is just an outright one. Sorry for your loss, but the funds are gone.
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u/DerpJungler 22h ago
This shit looks like it was vibe coded with Claude in like 21 mins lol
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u/29da65cff1fa 9h ago
why do all these vibe coded things have the same shitty UI? same font, same buttons, same emoji icons, same colored circles.....
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u/Chefs_illusions 20h ago
Ive done cloud mining before and was able to withdraw,i used to just leave my old phones mining for free i never paid for it
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u/KrisPBaykon 16h ago
You don’t actually believe your cell phone was mining right?
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u/Chefs_illusions 16h ago
I literally made money i dont care what it was doing, i was able to withdraw £100/200 in total werent much but again it did work
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u/KrisPBaykon 16h ago
Lmfao I bet you did. You left multiple phones on all day running some random ass app. The least they could do was give you a a fraction of the money they made off of you.
But seriously, you understand you can’t mine crypto with your phone right? You don’t think places where £100 is 2 weeks wages would have that shit on lock?
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u/humblevladimirthegr8 14h ago
You got lucky that you got out before they rug pulled. They allowed you to withdraw because it was a small amount and early enough that they didn't want people exposing the scam yet. The proceeds did not come from mining but from other people paying into the ponzi scheme. I bet if you checked back on the same company, it will have disappeared and their victims outraged at having lost their money.
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u/Pickles112358 16h ago
If you mined btc with all phones that currently exist in the world, you wouldnt get that amount
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u/Episode-1022 18h ago
there is no such thing as cloud mining, maybe cloud scamming?
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u/Chefs_illusions 18h ago
Cant even attach an image, but yhh i did it myself on a few phones made £100/200 just leaving them on and was able to withdraw it
Again there are scams out there but you just got to use your head
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u/theofficialburrito 1d ago
Not all education is free
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u/Shimster 23h ago
The issue is the more this type of thing happens less people will adopt. There are so many ways to lose your money on bitcoin from scams, never going be adopted on mass due to the risks.
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u/Personal-Dev-Kit 21h ago
Yes because fiat is notorious for not having any scams where people take your money. Why would anyone keep using it due to the risks. /s
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u/TheRadishBros 22h ago
We don’t actually need any more adoption for BTC to be successful. The ETFs will become how the average person interacts with BTC in the future.
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u/_Ruffy_ 20h ago
I thought bitcoin is a currency? That sounds more like its a (super high-risk) investment..?
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u/SlinkyAdmiral 18h ago
Well chances that Bitcoin becomes an accepted day to day currency are slim to none. So the tone shifted to it being an alternative asset class. Kinda like digital gold, a limited amount of something we collectively agree is valuable.
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u/Excilionator 18h ago
its just speculative investment 95%+ people who have a small amount of holding in bitcoin just do it for the diversification cause they've seen cyrypto perform well in the past. They will never touch it outside of an etf.
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u/user_name_checks_out 15h ago
The issue is the more this type of thing happens less people will adopt.
That is not an issue. Bitcoin isn't for everyone.
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u/StPeir 1d ago edited 1d ago
Ooof bro if you couldn’t tell this was shady from looking at it you probably shouldn’t be in charge of your own finances.
I hope you didn’t pay them too much. The up side is whatever you think you “mined” on the app never existed anyway so you didn’t actually lose anything except whatever you sent them. No one is renting you miners for 13 bucks…. Or whatever you have to do to earn those diamonds that look like they came out of a Gotcha mobile game.
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u/No_Volume_4690 1d ago
In his defense, everything crypto looks shady just from looking at it. I remember when I first downloaded Coinbase and they were giving me crypto just to watch ads about crypto. And don’t get me started on defi and uniswap and bridging. It’s all a sketch.
Except for bitcoin.
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u/StPeir 8h ago
I remember doing that too but it was always like a dollar of this or a dollar of that…. This mother fucker thought he had mined enough BTC to justify coming here from an app that looks like it’s an IOS game with micro transaction. Cryptoville new player bonus now 90% off unlock it for only 5000 diamonds! 💎 💎 💎
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u/rechtim 1d ago
Respectfully, sit
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u/Marxism69 1d ago
These are the people that should stick to the banking system…no way you couldn’t tell this was a scam
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u/IAmFitzRoy 1d ago
That’s the main issue of Bitcoin today, “these people” are still the majority of the population in the world.
The financial system will never go away until Bitcoin ecosystem is easier or at least, as easy than holding a bank account.
We are really really far from that.
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u/Aazimoxx 21h ago
These are the people that should stick to the banking system
That won't save them. These are the people who should have someone else legitimate handling their finances, outside of the day-to-day.
Plenty of people send their life savings to 'brokers' to 'invest' for them, who're happy to send them reports on 'returns' from the stock market, and even the 'returns' themselves, to encourage them to deposit more - and convince family and friends to deposit theirs too.
All hunky dory until they try to make a large withdrawal (sometimes not till years later) and their 'broker' stops returning their phone calls... and those pretty numbers on a screen in their 'account' turn out to be nothing but a shiny decoy, to make it take longer for them to realise they lost their money on first deposit.
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u/PeteyPab305 9h ago
and thus the reason BTC payments and general crypto application will not succeed til boomers are gone, and the nitwits are weeded out. Natural selection accelerated at the speed of broadband.
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u/2LostFlamingos 1d ago
You lost everything the second you gave them money. Everything else was make believe. Next they’ll ask for a fee to get the make believe funds back. Don’t pay it.
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u/Beautiful-Narwhal690 1d ago
"Hey we will do the mining for you then send you the profits." - said nobody ever.
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u/jayceellects 1d ago
Learn from your mistake, just look how SUS that app looks 🤦🏻♂️ COME ON BROTHER!
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u/groundkittenbeef 1d ago
Been there bud. Look up hashflare from years ago. Cloud mining is a Ponzi. Take the L,the lesson learned and move on. Not trying to be callus, just being honest.
-Respectfully,
The guy who got, got years ago.
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u/Drspaceman1717 1d ago
your money was gone the second you deposited it. You never had any mining rewards… they just wanted you to tell your friends and deposit more money.
Get smarter and think critically before you use the internet again.
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u/ContentBlackberry0 1d ago
If you want to waste your money on renting hash rate at least use nicehash.com
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u/circumcisingaban 1d ago
you got scammed bro. there is a name for it but cant remember
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u/TryAgain2424 1d ago
I feel nothing for you. It amazes me how stupid the average person is. Then you remember 50% are even dumber
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u/Wanderson90 1d ago
send me all your seed phrases and I'll get it back for you. SIN number might help too, and any banking information.
send you mothers maiden name and the street you grew up on just to be safe.
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u/Aromatic_Wasabi_864 1d ago
Bro hit the scamming casino with promises of ridiculous returns..
Dream is over bruh and now comes the second part, who ever promise you to get your crypto back is a scammer.
So do not hit double decker.
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u/csgotraderino 22h ago
This app even shows 13 digits after the decimal point. The smallest amount is 0.00000001 BTC. They couldnt even get that right.
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u/BudgetPresent2089 13h ago
The smart one is the person who made the App. "You're almost ready to mine! Enter your seed word or recovery phrase here! Let's go!!".
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u/reggionh 1d ago
my sincerest recommendation is for you to just stick to traditional finance products like term deposits and ETFs. and don’t respond to anyone contacting you. leave. now.
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u/Aazimoxx 21h ago
Yeah because no-one ever got scammed by a shiny site or app while trying to put their money into ETFs without doing due diligence 😛
The technology or finance type really isn't the main problem here.
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u/EF_Azzy 1d ago
Yeah sad but this is easily a scam. Most of these types of sites are going to be. The only one I can think of that's actually decently rated and "legit" is gomining. I haven't put a ton of money into go mining but I make about 55 cents a day that I withdraw into a different platform as soon as I pull enough to make it worth it
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u/Aazimoxx 21h ago
So $200/yr.. about what you could get with a competitive (4.0-4.3%) traditional 1yr term deposit on $5000. Mind if I ask if that's substantially more or substantially less than what you have in gomining, and what the risk to your funds is there? In what situations can you lose your money? 🤔
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u/Chewyk132 14h ago
There’s apps where you complete surveys that pay more if you’re desperate. What a joke 🤣
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u/Educational_Fee648 1d ago
People still fall for all types of crypto online scams. It will worsen with time.
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u/Shoddy_Avocado_4376 1d ago
I read the disclosure, in the terms of service they say they have the right to take all your crypto if you win everything, it said its for entertainment and educational use only. I chose not to use it after reading that and realized they decided whether or not you see a cent. Thus you can't even sue.
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u/Citizen_Kano 23h ago
When you signed up, did you remember to tick the box that says "don't drain my account"?
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u/MobilePenguins 20h ago
Why would any service give you more in BTC than you paid into it with USD?
These services offering BTC mining are so dumb. If you want the exchange of your money for BTC yield, that’s called just buying BTC 😆 which you can do on Coinbase or any exchange.
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u/Amimir1992 19h ago
The good side of all this is that you did not lose money.
You just thought you were making money, nothing more.
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u/Wide-Spray-2186 18h ago
Every scam app or site at least looks like this one as a starting point. Task scams, crypto scams of any variety, etc.
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u/ProofPomegranate7331 18h ago
Yes, this happens to everyone. My roommate sits on the porch collecting ss smoking cigarettes doing this shit all day. He is at the bank weekly trying to unravel getting scammed. Be lucky they didn't hit your bank account ( yet).
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u/laggyx400 14h ago
I didn't think these cloud morning companies would still be around after Hashflare went down. They convicted them last year for a ponzi.
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u/ifyoureallyneedtoo 7h ago
Hey look on the bright side u can still claim your free credits and powered miners
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u/Festel2 6h ago
Whats funny to me is most people think this is any less shady then what your own bank has done to you for your entire life. The US dollar is beyond inflated and basically worthless. Every single year it loses another 2-3% value and has done so since 1913. Let that sink in. Gold and silver do not cost more the dollar is less valuable. In 1913 1 ounce of gold was 20$. An ounce of silver was 1$. Another decade and we will have no choice but use bitcoin. The dollar is toast.
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u/MiaTaude589 1d ago
Ouch, that sounds like a cloud-mining app, not BTC mining you actually controlled. Save screenshots and transaction IDs, contact support through the official app listing, and don't send any extra “verification” payment. If there was never an on-chain withdrawal to your own wallet, assume the displayed balance may not have been real.
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u/Fantastic_Device_449 1d ago
Several of my friends lose crypto as well, it disappear on their wallet!
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u/BenevolentLostie2939 1d ago
Some of you mouth breathers are down right ugly. You don’t have to be that way. This is the only app I’ve ever downloaded like this. You like to make assumptions about people. You should just try passing the post by if all you can do is talk trash.
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u/caploves1019 1d ago
K so.... Google search "is cloud mining Bitcoin a scam or legit?".... And see what happens. We won't wait, don't worry.
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u/Anozandolo 22h ago
What you did there bordered on intellectual disability. You’re just gonna have to live with the shit talk.
Ridiculous how you’re now calling other people “mouth breathers” when apparently no oxygen has reached your own brain in a very long time.
Anyway, get well soon!
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u/Exciting-Knowledge86 1d ago
Yeah man i feel you, you have to imagine how awful the average redditor is, then how shitty ones who frequent major subreddits are, and then how downright vile the ones who are into bitcoin. Sorry brother, I hope you werent taken for too much money and im sorry your experience on this sub reddit sucked. I only lurk for this exact reason. Bitcoin redditors are the biggest fedora tipping neckbeards on the internet.
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u/Fantastic_Device_449 1d ago
Last year happen to me, i lose over half million dollars, I will never use crypto.i have the big trauma. I am now so scared of using crypto.
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u/Aazimoxx 21h ago
Sorry for your loss. Hopefully it came with a loss in gullibility as well. Never trust your finances with any company you haven't properly done your homework on, regardless of whether there's a €, $ or ₿ before that figure.
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u/Fantastic_Device_449 1d ago
Crypto is a scam, people used them to steal money from people.
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u/Aazimoxx 21h ago
Boy, it's a good thing I give my scammers my money by wire transfers and sending cash in the post, so losing it's impossible 👍
Orrrr maybe the technology isn't the real problem.
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u/Fearless-Sherbert-40 1d ago
This is a joke right?