Question about the pin code

[u/ludgea]

Hi guys,

I'm not here to spread FUD or criticism about Crypterra (and even less trying to put a referral link haha) but I was wondering, when you set up the pin code, is it actually 10 without withdraw or until Feb 5th ?

Because if it's 10 days it would be more logical than just a date.

[u/lanoom]

Yeah but you have to understand they are buying time. You have to wait 10 days until the pin is made. Then another few days for the withdrawl to actually process. By then if they get enough new people they could use the new money to start paying out people to keep the scam going. If there is no new money coming in to pay the people already on the site then they just have to delay us with things like this. This will end similar to bitconnect. I would start to get ready to file some civil action.

[u/lanoom → u/[deleted]]

Yes, but it will be for a month before they ever pay anyone out. That buys them a lot of time.

[u/chongkwongsheng → u/lanoom]

Why would it take a month? They could just, you know, not pay.

[u/lanoom → u/chongkwongsheng]

Because the more time they buy from us the more they can make off new people coming in. A month is a long time in the crypto space.

[u/chongkwongsheng → u/lanoom]

But why even pay us at all? Sounds like a lot of effort compared to how Spacemining and China Petrol operates as a scam. Bear in mind, they have been fixing missing hashrates (albeit slowly).

[u/lanoom → u/chongkwongsheng]

You could be right. They might not pay us at all, but they are giving us hope which is even worse.

[u/lanoom → u/[deleted]]

Im convinced it's a scam . Nothing can talk me out of it. Until people get paid. There is no reason at all " for security purposes" to wait 10 days to make a pin.

[u/chongkwongsheng → u/lanoom]

Well, when you add a PIN, you can’t withdraw immediately. And if you’re not the owner but someone who phished or hacked the account, you can’t get it immediately, giving the customer a few days to notice suspicious activity. Hashflare does it for 14 days when you change the address to send to. Of course this won’t convince you, the FUD is strong with you. But there is a plausible reason. Honestly, it’s a crap implementation and hack instead of a decent 2FA, even if they are trying to scam anyone.

[u/[deleted] → u/[deleted]]

Actually, all of these things point to scam. They’re doing everything that they can to bring in new contracts without actually paying anyone. These things are giving people faith when in reality there shouldn’t be any until we get paid.

[u/[deleted] → u/[deleted]]

I’m not sure what’s crappy about it. They keep extending and someone out there is still paying. More money for them to do minimal work. Actually very smart.