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The reason a fake mining platform will promise good returns is because they don’t intend to pay out the profits. The reason they are not intending to pay out returns is because they are not mining in the first place. Weysi is what we are talking about here. The site can be found at weysi.cc and it clearly screams the words ”ponzi scam”. 2-15% per day is not something you can use to cheat a wise investor. We are certainly not buying this foolish story because mining of Bitcoin doesn’t yield that much profit.
In short, if you send your precious coins to Weysi, they will gladly take it and say thank you. They don’t incur any expenses except that which comes from hosting a scam website. This must be a profitable business because 6 months from now, we will be saying that Weysi was an exit scam.
The site intends to fool us by incorporating a list of fake deposits and withdrawals on a page that is dedicated to displaying fake information. There is no way we can verify this data. It’s unfortunate that they are persuading us with information that can’t be treated as reliable. The site is only a few days old. It rarely gets updated – so it seems. We could say this is a brand new shiny scam that targets the financially naive. Weysi is one of those ponzi schemes that lack creativity. They all use the same script to pitch their fake mining service. We already know that sending money to Weysi is the quickest way to lose a coin. Just in case you need more facts, here’s what you are supposed to know.
Weysi is an interesting site because it does nothing unique to justify or persuade us into believing that they are truly mining Bitcoins. There is nothing like lifetime mining contracts. Legit Crypto currency cloud mining sites no longer have lifetime contracts because they are too expensive to maintain. Even companies that started out with lifetime contracts ended up changing to yearly contract to be able to meet the ever growing cost of mining.
The minimum investment that one can part with is $1. This threshold is ridiculous. Think about it: why would you think that a $1 bill will change your life? And even if you tested this ponzi scheme with that minimum, two things would happen. They would either fool you with a return to make you deposit more money or they would simply take it and continue collecting from other sources too. At the end of the day, the anonymous owner will always smile on their way to the bank.
It’s not worth funding a scam. You know it. If you fund them with $1, you are literally sponsoring them and even encouraging the vice. You should stop it.
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From what experience has taught us, we have come to learn that no legit investment platform is able to yield such profits. if this was the case, the owners of these websites would never require funding from you. They would simply invest a small sum of money and not have a problem multiplying that sum exponentially. So the reason why Weysi is lying to you is because they are not mining Bitcoin or any other altcoin. They lack the ability to generate a ROI outside revenue that is collecting from new user deposits.
In short, don’t dream of ever making this amount of money in mining. We don’t make abnormal profits in BTC mining. Even the best and most reliable mining platforms are not able to issue these returns. If they did, they would soon file bankruptcy because they would never be able to sustain those numbers.
So one of the reasons why Weysi is apparently a scam is because they are making promises in terms of returns that do not make sense. You have to think long and hard when you come across such websites which promise overnight riches. There is always something wrong with them.
When looking for things that tell you that a site is taunting too good to be true offers, just look at the price with which they sell their hashing power. Is the price reasonable? If the site is allegedly giving free hashing power, there is definitely something wrong. Free hashing power is usually a red flag. If you decide to mine with the free hashing power without making a purchase, you will be forced to upgrade your plan when time reaches for cashing out. They will never allow you to cash out at all.
Weysi is definitely one of those sites. They are offering free hashing power because they are not mining altcoins and they know that this will never cost them. Making promises is a simple thing to do when you know that you won’t honor them. Weysi seems to be having a field day playing with your mind.
Weysi is even confirming that they are a ponzi scheme by incorporating a referral program into place and failing to produce proof of an external source of ROI. We know that all revenue that gets into this site comes from new deposits. Forget about mining. This is just a fairy tale.
You can be safe promoting them. But then this is a waste of your time and probably resources. You see, the site is here for a short while. It will soon go under, and when it does, it will disappear with funds because it is a ponzi scheme.
Even if you successfully gain some referral commissions, there is no guarantee that the site will issue a payout to you. This is the last thing they will want to do.
Weysi is a basic scam job. The sales pitch tells it all. The script also tells us that this is just a ponzi scheme that is out to mislead us. You must stay away from such websites because they are costly and deceptive. Just mine with reliable platforms.
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