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RE: Bitcoin Ponzi Scheme: BitZilla
I just started using a similar site. It's called Richmond Berks. They claim to use your investment to buy real estate for cheap and resell it but there is a lot of reviews that say it's a scam. Although, nobody actually says they tried it and it didn't work. They just can't find much information on the company. I did the same as you, put a small amount in to see what happens. It turns out, they are actually paying me at least 1.5% a day just like they claim. I've already made about $8 since the start of the month (which I have already cashed out to bitcoin). I wouldn't be putting thousands of dollars in there but maybe I'll re-investing some of the profit until I see a big enough return to buy a coffee every day.
Yeah, I'll probably reinvest a little in BitZilla after I see how it goes. I figured I might as well make a little money on the little bit of coin I had sitting around.
One nice thing I saw about BitZilla, you can withdraw your original payment after 24hrs.
I'm going to take a look at Richmond Berks to see what its all about. Thanks for the tip!!!
Yeah that's one thing is you can only withdraw 50% from Richmond Berks. So that's technically about 1 month before you break even if you want to cash out right away. Not a big deal though. I can see how they need some sort of assurance that they will have some funds to make their property investments.
I signed up with your link but I'll probably hold of putting any money in bitzilla until I start profiting from the other one.
Thanks! I was thinking the same about Berks. I was taking a look at the site, looks interesting.