Category Archives: CoinGeneration Digital

[Liars] coingeneration.com released latest news SCAM Android / PayPal / Conference

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I’m wondering how many people now actually believing in coingeneration.com Do I need to reiterate again on how coingeneration.com operates? One of the biggest scam online. Other HYIP Scam out there disappeared in an instant! a painless death! loss of money. As for coingeneration.com if you joined and get paid at the beginning but you didn’t even get your ROI back, not even 50% ROI back and coingeneration.com stopped paying, and use their words of “We reserve the right to lift or lower your limits depending on your account’s affiliate activity status.” I hope you see this written on their member homepage.

This is the painful, slow death for people whom joined coingeneration.com. Coingeneration.com famous for writing newsletter professionally and probably have something to do with newsbtc.com one of the writer in there appears to have written the same newsletter for coingeneration.com and perhaps the same person ran the show, hopefully authority catch up and captured these crooks soon. People whom joined coingeneration.com initially back before April 2013, had loss great amount of money, getting a slow painful death by coingeneration.com lies, and lied, and kept on lying, promise never get delivered or delivered something else not exactly promised. Simply killing time to steal member’s money. The software so call ThreadManager doesn’t do anything at that time, and today coingeneration.com indicated that they have improved it and probably embed bad codes to hack members computers.

Basically the first wave of members had loss great amount of money, up to the $500,000 USD coingeneration.com had taken from members and shut down their chat room and never responded to any old members questions support ticket.  Support from coingeneration.com now only focus on new wave of members scamming as much as possible before coingeneration.com domain expires in September 2014, which is a few months away.

Once coingeneration.com shut down, they will continue to operates with btc-o-matic.com scamming Bitcoin ATM machine. Now if people really think about those advertisement of btc-o-matic.com about why the pictures or video don’t show the actual people’s face with the bitcoin atm machine. According to the site or location of this bitcoin machine, it’s an unknown location, probably a ghetto place where if anyone come they will get murdered or robbed by the mafia there. The place with that bitcoin machine appears to be small coffee shop with no customer, like a ghost haunted place. How in the world will they make money or if anyone is using that Bitcoin machine if that machine does exist. As already indicated that bitcoin machine look like the qiwi machine Russian site.

In conclusion, people from USA, please get a real job and make money from it, don’t spend time on HYIP or similar projects trying to outsmart them, you will loose! in addition to grieve and stress.

do not invest in btc-o-matic.com scam ran by coingeneration.com tied to btcnews.com

do not invest in btc-o-matic.com scam ran by coingeneration.com tied to btcnews.com

Android / PayPal / Conference
Dear members,

We are finishing off updating the system and we recommend that you install our latest software (version 3.3) whether you are using Windows or Apple. In addition to these versions, there is also an Android app available. Please note that mobile payouts are calculated separately from Windows/Apple and require a separate account. The mobile version of our website is currently under construction: we hope you will enjoy using it and managing your back office on your mobile within the next few days.

Our primary objective, that is, our common objective, is to restore the company’s reputation and ensure stable operation. So far, our experience suggests we have been unilaterally doing our best to perk up the system and, taking the degree of your cooperation into account, we reserve the right to lift or lower your limits depending on your account’s affiliate activity status. We have been more than loyal to all our members from the new year, but despite our expectations, the sea change did not happen. Just to make things clear, we are in no way attempting to blame you for not wanting to help us, nor are we trying to make you do anything. None of us were born yesterday, and future scenarios must be self-evident to everyone.

It is easier to destroy than to create: we have come a long way, and now forward is the only direction. Updating and supporting the app on other platforms seems pointless if the attitude persists. To break the stereotype associated with our logo, we have decided to take the matter in our hands and refresh the company’s image as early as this week.

And finally, we would like to remind you that BTC-O-MATIC terminal quotas for our shareholders are to be re-introduced in May. So if you want to buy a terminal right now, see you in Amsterdam or Slovenia: we have plenty of machines available! And, by the way, Amsterdam loves our terminal. 😉

Mutual prosperity,
DG Team

Feedback from one individual in regard to Dollarsflowsystem.com status not scam yet?

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Thanks Mr. R for sending this feedback below in respond to my comments about dollarsflowsystem.com scam. Well currently it’s not a scam, there isn’t any confirmation it’s scam, well at least not yet! However as I’ve posted previously, the forum link that members are talking about, and these are real members talking, active members in the program, they’ve reported problems. Based on the problems reported by active members of the program, all I said was this is how HYIP work, the scam start when the programs have problems, and eventually problems became not resolvable, and eventually just to kill time to withdraw money cash out to bank, keeping members motivated and have faith news and progress. I certainly do hope that DFS isn’t the new enhanced HYIP scam, new methods of scamming. Similar to coingeneration.com and IPUServices.com, and same with anony-pay.com new methods of scamming. So be careful! do your homework and get in and get out fast if you notice something suspicious.

Name: R
E-Mail: r
Subject: Dollarsflowsystem.com
Message: Hi,

I\’ve been accompanying your blog for some time now and i\’ve already contacted you once before, regarding IPUS.
Today i read your post on Dollarsflowsystem.com (DFS) and i feel like i must share some facts with you, highlighting that i\’m not saying that they are a 100% trustworthy company because it is impossible to be that sure of something of this nature.
This information was gathered from company representatives and members like me.

DFS is a closed group, they do not accept new registrations for several weeks now and will only open them again once inactive accounts have been deleted from the system. New registrations will be limited because the goal is to keep the number of members around 30.000.

There are some accounts that have suffered from technical issues and unfortunetely have been waiting a long time for them to be fixed. Some are still waiting. Support isn\’t the best in DFS but they show some results despite being VERY slow. These people with account issues are a very small minority in the system, i\’ve been using it since early January and never had a problem.

Payments are unavailable now until they regulate some problems with the payment system that started on the 7th of May, where many withdrawals and deposits were registered as pending and weren\’t being concluded. Withdraw requests done on the 7 and 8th of May were already payed yesterday and they say they are working to update all of them as soon as possible.

Payment problems only started less then a week ago and they have already payed 2 of those days. These payments are being done manually and we just came out of a weekend.
This is why i found your post a bit sensationalist.

It is true that all this stuff about the new site and the old one still having all these tecnical problems makes it frustrating to bear and can be scary if you still haven\’t recovered your investment, but the ultimate truth is that payment problems are less then a week old, with a weekend in between, and they have already payed 2 of those missing days.

The one thing i can say about this company, in comparison to others that i\’ve used, is that i\’ve never felt misinformed. I\’m a member in an official facebook group where the admins have direct contact with the company admin and have always kept us informed about the positive and negative things going on with the system.

I hope i could at least make the situation a bit clearer to you and if you want you can share it with your readers. Keep up your good work and try to be more objective without letting your feelings towards other systems cloud your judgement when analysing and researching new ones. I\’ve also been scammed before but i try not to have the habit of pointing fingers and making judgements at the first sign of smoke.

Best regards,

[SCAM] Coingeneration.com repeating the same SCAM cycle at the moment

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Surprisingly, a lot of people are still falling for coingeneration.com scam trick. Now many of the second wave of scam from coingeneration.com members are encountering the same problem as previous members that got scam in the hundred thousands dollars. “Instant payouts are available up to $0 per day for your account type.” this is the error message that many new investors are now encountering. This is the same error message, same technique, method that was use to make news and announcement of  fake stories, fake reasons, taking all the advantages coingeneration.com can find to say they cannot pay.

This is the way coingeneration.com did it to the previous 500,000 members, these members loss money in the hundreds of thousand dollars due to fake stories, fake promises such as dgstocks.com btc-o-matic.com and the person whom ran this operation might have a link to one of the writer at newsbtc.com possibly the whole site newsbtc.com have something to do with coingeneration.com

So for the new wave of members that are now stuck with coingeneration.com scam, not much you can do, just like the previous 500 thousands members before you, encountered this same scam from coingeneration.com cannot do anything, they loss all the money and coingeneration.com keep on running the scam. Remember this post on coingeneration.com news “Just to make things clear, we are in no way attempting to blame you for not wanting to help us, nor are we trying to make you do anything” Keep this in mind, coingeneration.com basically saying the members are stupid, voluntarily give coingeneration.com and trust them to invest, it’s not their fault. You members to coingeneration.com are falling for coingeneration.com trap, you have no one to blame but yourself. 

What can you do? beside from nothing! you can hire the Mafia hackers to find out the real coingeneration.com operators and kill them all? well some might be thinking about this, who knows. Or you can create a campaign and get people to participate for the authority to track down the owner whoever running coingeneration.com dgstocks.com btc-o-matic.com newsbtc.com and everyone whom had something to do with coingeneration.com scam to get punished. I believe it can be done, although we already know coingeneration.com are using fake identification for web hosting, website domain registration, stolen identification for bank account and so on, but if the authority agreed to help us on this, eventually the person or persons whom ran this scam will get captured.

[SCAM] proof of CoinGeneration.com BTC-O-MATIC.com newsbtc.com

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Need more proof of CoinGeneration.com blocking people account? Here’s the latest one today, and many more I did not share. This one in particular has 63 threads, each threads cost $50, if you the math that’s $3,150 USD how much this member loss.

I’m somewhat not surprise that people are not taking my blog seriously and in the end ended like many of these folks here. CoinGeneration.com is a scam. The new Scam is on its way at BTC-O-Matic.com and possibility that newsbtc.com have something or some kind of affiliate relationship with CoinGeneration BTC-O-MATIC all linked together. No proof yet, something fishy about newsbtc.com possible the owner of CoinGeneration Btc-o-matic.com all in one.

As previous already mentioned, You will get scammed by CoinGeneration.com they will scam as many people as they can. CoinGeneration.com will pay you instantly and consistently for a few days to trick you to invest more or reinvest. CoinGeneration.com target big investors. The small fish will refer bigger fish in to eat, and the bigger fish what CoinGeneration.com aimed for. For this example $3,150 was how much person loss, and nothing he/she can do about it, as it already proven, authority taken no action due to the lack of reporters. People or members of CoinGeneration.com afraid to report because they may loose the money at CoinGeneration when they already had loss. Others just simply ignorant still believing in CoinGeneration.com, and that is what CoinGeneration last attempt for the next coming months before its domain will totally get shut down, is to get as much good fake news hoax news as possible so to motivate people to invest and believe. Sadly it work! 100 people get the news, at least 1% will fall for the scam, that’s 1 person. Now let look at a larger #, 500,000 people, that’s a lot of people will fall for this scam give CoinGeneration.com free money.

CoinGeneration.com indicated clearly that they don’t force anyone to do anything. This is by saying, if you’re “stupid” or an “idiot” to give CoinGeneration.com money, then it’s your fault, not CoinGeneration. So sad to see this and so many ignorant people out there still believe in CoinGeneration still investing, and on top of that believe in the new scam btc-o-matic.com which recently news on newsbtc.com possibly have some affiliation with CoinGeneration and I urge people to look into newsbtc.com and report this website to the authority to investigate as they may have something to do with CoinGeneration.com SCAM.

Name: M****t
E-Mail: s***_****[email protected]
Subject: Blocked
Message: Your account was blocked! < ihave 63 Therd i want know how !!!!! My Account blocked i want answer pls !
My Account : s****_****[email protected]
Pass : ************
i want unblocked it how u blocked it i have 63 therds u lie me or what pls replay me !!

Does newsbtc.com want to become a scam also? do they know CoinGeneration.com is scam that now run Btc-o-matic.com?

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It appears that newsbtc.com ran by a one man band, by one person, Eric Calouro, or so we thought based on the posts on that website blog, appears to be something like wordpress. Blog mostly about Bitcoin which tied to the domain.

For one post alone, which is this one here http://newsbtc.com/2014/04/27/amsterdam-gets-bitcoin-atm/  Hello Mr. Eric Calouro! hello! anyone home!? did you do your homework? did you your research? did coingeneration.com or BTC-O-Matic.com paid you to post this? or let me guess, you are the person behind coingeneration.com has been providing the news released, very professional writings on coingeneration.com members homepage, was it you?

Let be clear. You are writing about a Bitcoin ATM machine installed at some no name, no traffic, no customer, no one appear to be using it, it’s sitting at a corner of no where, and you said manufactured by btc-o-matic.com Let me ask you something Mr. Eric Calouro, did you know that btc-o-matic.com tied to dgstocks.com? ah I forgot, that website was a scam from coingeneration.com redirect to btc-o-matic.com! OK how about you go do some research on coingeneration.com scam. Do you see a link from coingeneration.com to btc-o-matic.com? don’t tell me that you don’t see a link. Why don’t you do some additional research and read about the coingeneration.com scam and how coingneneration.com linked to btc-o-matic.com huh?

Let me tell you, coingeneration.com had been scamming members since April 2013. Before this time, coingeneration.com began its scam by tricking members to invest and get paid instantly and consistently until months later (probably 3-4 months the most) then things start falling apart, with good news coming soon written in professional intelligent manner just like your blog of newsbtc.com. Since April 2013 to today, coingeneration.com continue to scam, but their operation of scamming has been exposed everywhere on the internet, do you see this scam? did you know they’re a scam and tied to btc-o-matic.com Mr. Eric Calouro I feel sorry for you if you don’t know about coingeneration.com scam and they’re linked to btc-o-matic.com but perhaps you are the scammer that run coingeneration.com?

There were so many opportunities that coingeneration.com could have fixed the situation from going exposing to biggest scam online using advance HYIP methodologies. CoinGeneration.com did not care and took all the members money and give fake promises and news that never happened, go back and read my blgo maybe it will help you out, sorry about the grammar and incomplete sentences. One thing I can assure you is I’m real, I’m not fake, I don’t make up stories, I don’t get paid to blog like you! You will be hearing a lot from me starting now newsbtc.com don’t worry, I will only respond to your post in regard to btc-o-matic scam ran by coingeneration.com whom stole money from all their members and ran btc-o-matic.com However if newsbtc.com talks about the truth, then don’t worry, your reputation will not get ruin! I urged you to newsbtc.com to do your research on btc-o-matic.com they are scammer that ran coingeneration.com scam exposed stealing hundreds of thousand dollars from its members, just ask any of the members or visit the facebook fanpage and see what people are saying about CoinGeneration, you’re smart so ensure you can distinguish real post from fake post.

The real owner of CoinGeneration.com btc-o-matic.com exposed unintentional

The real owner of CoinGeneration.com btc-o-matic.com exposed unintentional

[SCAM] CoinGeneration.com more attempts to find more victims to steal money

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I hope nobody is falling for this trick again from coingeneration.com. Many members had been on this road before. See good news, great news, awesome news, looks promising, and in the end it was just a trick to get you motivated and give coingeneration.com money. Coingeneration.com clearly indicated this on their news released today “nor are we trying to make you do anything.” You see that statement? That is it, it’s proof and they admitted that they’re using their intelligent to scam you, you fell for it, it’s your fault! not their fault. You invested money, you didn’t get it back, not their fault, it’s your fault, you fell for the scam.

Unfortunately, this is how advance HYIP work, first they brings good news to get people involve and invest, people get paid consistently and instantly. Then coingeneration.com brings even better news to attract more new victims and motivate existing members, and as investment grew, people keep on giving coingeneration.com money, coingeneration.com noticed big amount of money and start to withdraw it to bank account and cash out, at the same time killing time by updating news and as needed gives fake make stories reasons taking advantage of existing problems to make it real so people would believe. Even if you don’t believe in the stories, there isn’t anything you can do, cannot complaint to anyone because you fall into coingeneration.com trap!

This latest news, once again is just a way to motivate people. If long future outlook then why hasn’t the domain coingeneration.com get renewed yet to 10 years? In the past coingeneration.com had lied 90% of the time, saying Payza released money they would pay its members, this never happened just a way for them to kill time. Coingeneration.com said they will sell Bitcoin to pay members, never happened just a way to kill time. DG Stock get priority payout, never happened, and in fact coingeneration.com stopped paying its old members totally and began it quest to SCAM new wave of members, members that registered in Nov. 2013 onward. This new batch of victims will see the same thing happening now or soon, if anyone still believing in coingeneration.com, sadly that’s the trick.

The trick of coingeneration.com continue to run is to spread, dgstock.com and btc-o-matic.com for example, thinking they use the reputation of coingeneration.com to run other business, probably not a good idea because coingeneration had lost so much reputation, even shut down its chat room, shut down its blog, ignore support ticket, only respond to ticket that people having problem giving them money or deposit. They want your money, they don’t want to payout, let put it that way. In addition coingeneration.com multiple facebook official fanpage being bombarded with negativity, the facts and the truth exposed on facebook fanpage about coingeneration.com scam, and their operators couldn’t monitor and delete them completely. Just like the chat room got shut down because coingeneration.com scam got exposed.

Now let’s talk about the pictures on coingeneration.com Many already know coingeneration.com famous for stealing images on the internet and use adobe photoshop to modified it and make it as their own, this has been proven in all occasions, all the pictures of offices and buildings are stock photos edited. The virtual office however is real just like a PO box for $5 to $10 a month rental, there isn’t anyone there, just a virtual address on the internet that cost $5 to $10 a month anyone can get one. The latest pictures of the Bitcoin machine that said BTC-O-MATIC don’t believe too much into it. Bitcoin ATM machine is real but not readily popular available. Coingeneration.com just take advantage of bitcoin and use it to scam victims, I hope no one spend actual money on buy this fake btc-o-matic bitcoin machine yet. Let think about the image posted on members homepage of the btc-o-matic bitcoin machine. Do you question why no body around in the picture? who’s using that bitcoin machine? what kind of retail store or coffee shop is that? it is so lame! but again unfortunately people are falling for this. 100 people see it, 50% would questions. 25% would say scam, the other 25% will probably fall for this scam. That is all coingeneration.com need the 25% of the people will give them free money, stealing the money to be exact!

Finally let talk about the logo. OK so the old logo five stars doesn’t look so good, insulting other religion. Being insulted with the five stars religion. CoinGeneration.com decided to change the logo to a water drop or also a standard stock photo, takes 1 minute to create or steal on in the internet.

Last but not least, the name DigitalGeneration changed to CoinGeneration, very simple to understand. There’s a real company name Digital Generation based in Texas USA, and again no doubt they got insulted, and as result was force to change.

Subject: CoinGeneration Rebranding

Message: Look here, today they launched a new version of thread manager for Windows and Mac. Also as they promised there is already a new logo on their website. Same Pat, different hat.

Software Update
Dear members,

We are finishing off updating the system and we recommend that you install our latest software (version 3.3) whether you are using Windows or Apple. In addition to these versions, there is also an Android app available. Please note that mobile payouts are calculated separately from Windows/Apple and require a separate account. The mobile version of our website is currently under construction: we hope you will enjoy using it and managing your back office on your mobile within the next few days.

Our primary objective, that is, our common objective, is to restore the company’s reputation and ensure stable operation. So far, our experience suggests we have been unilaterally doing our best to perk up the system and, taking the degree of your cooperation into account, we reserve the right to lift or lower your limits depending on your account’s affiliate activity status. We have been more than loyal to all our members from the new year, but despite our expectations, the sea change did not happen. Just to make things clear, we are in no way attempting to blame you for not wanting to help us, nor are we trying to make you do anything. None of us were born yesterday, and future scenarios must be self-evident to everyone.

It is easier to destroy than to create: we have come a long way, and now forward is the only direction. Updating and supporting the app on other platforms seems pointless if the attitude persists. To break the stereotype associated with our logo, we have decided to take the matter in our hands and refresh the company’s image as early as this week.

And finally, we would like to remind you that BTC-O-MATIC terminal quotas for our shareholders are to be re-introduced in May. So if you want to buy a terminal right now, see you in Amsterdam or Slovenia: we have plenty of machines available! And, by the way, Amsterdam loves our terminal. 😉

Mutual prosperity,
DG Team

CoinGeneration.com SCAM FAKE Bitcoin ATM machine btc-o-matic location

CoinGeneration.com SCAM FAKE Bitcoin ATM machine btc-o-matic location

[SCAM] coingeneration.com stealing credit card information

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coingeneration.com domain indicated expiration date as of now” Registrar Registration Expiration Date: 2014-09-17 17:02:42 “

The latest features or maybe this feature has been there for a while just that someone members didn’t see because they’re not part of a new group that will get scammed. This feature call “Add Card” under <Personal> <Cards> First I must say this portion of the website is very poorly design, no resemblance of a professional website they used to be when they first came out with the scam. coingeneration.com scam are getting more and more poorly operate, poorly maintained and design. coingeneration.com scam are getting more sloppy, a quick design, sloppy design showing and exposing their scam more and more.

Noticed when you go into the add new card, you would see something like this:

Verify your credit card

To validate your card you need to provide the exact amount of a random amount that will be charged to your card in amount of $1.XX – $2.XX Enter the amount that was charged on the next page of the verification process to confirm your card. We will return the “test” amount back to your card once you complete the process.
Thank you!

Sounds legit doesn’t it? yeah, they copied from a real business in validating accounts link and ownership. This validation normally via bank checking account, I don’t know about credit card, but it could be in real life.

Anyhow, I highly recommend not to give out any personal information. Some of you might be entering bogus information just to test, it’s a waste of time. Then unfortunately some of you might be falling for this scam by entering your credit card information, and click submit, done. Done meaning you’re screwed, if not today, not tomorrow, maybe the new few months you will see charges popping up here and there, you’re screwed.

You wasted time with coingeneration.com, now you’re wasting time with your bank. In addition to stress and worries what other information you have given to coingeneration, yes passport? driver license? yes they will eventually ask for life insurance to be transferred to coingeneration.com, do this and coingeneration.com will give you $1000 payout! yes sadly some of you will fall for this scam.

So get educated, do your research and homework before given out any information online to certain websites. In this case coingeneration.com isn’t the one, they’re SCAMMERS. A lot of people losses so much money with coingeneration.com already, they’re anonymous no one know who they are, and it will be too late before people report to authority to catch up with them, and probably impossible to track because coingeneration.com owners uses fake ID fake credit fake identification to registrar domain name, to buy hosting, to run proxy sock 5 to hide therir IP and location, all from stolen identification and stolen money.

Hope you don’t fall for this tricks!

 

coingeneration.com stealing credit card information before disappearing last attempt to get more money themselves

coingeneration.com stealing credit card information before disappearing last attempt to get more money themselves

Subject: What can tell me about this \\”new feature\\” (Cards) @ DG?
Message: Hi i don\’t know if you have already noticed about this new kind of \”feature\” at DG/CG. https://coingeneration.com/card/ . Did anybody try it? it is a new scam to gain 1 – 2 $ x n accounts or purely they want to steal also any card info besides the personal info they already stolen. I have a 3D secure card, although i give them the CVV code they cannot use the card. I am asking you to debate this case on your blog, I thing it is very useful. Thanks!

[Identity theft] Coingeneration.com stealing members identity to commit online crimes

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Coingeneration.com now becoming an identity theft website, stealing member’s identity. Any existing members that had investments or have money to be withdraw, will probably see this screen below. Or on this site link page: https://coingeneration.com/profile/

Now look at how it could be very misleading, or just quick poor design of the contents. Notice it’s asking for your upload your ID, passport and so on, but on the bottom it said “Your has been verified successfully.

If your has been verified successfully, when need to upload your ID passport and other identity?This kind of remind us of the Topcapitalist.com day, their last attempt to scam was the day they asked for personal information about its member, send them bank statement and ID card like driver license and passport. Then when members realized it was a scam, too late. They took your identity and commit fraud scam online. They can use it to register new domain name, new webhosting, new proxy to hide their location, open new bank account or line payment processors such as payza paxum solidtrustpay and so on.

The same here with coingeneration.com, whoever uploaded their ID driver license passport, bank statement, phone bill statements, whatever, you’re made a big mistake. Coingeneration.com now got your identity, they will sell it or use it to commit fraud and scam online using your identity. They may not use it immediately, but eventually your identity will red flag committing fraud scam online, your nightmare will happen soon, could be today, or 10 years from now. What can you do? you must report to your bank or credit card company, report to IC3.gov about the website stealing your identity, report to local authority for appropriate directions to protect yourself, get new social security card, driver license or bank account. Do it immediately now if you made this mistake on coingeneration.com profile site or other HYIP like topcapitalist.com

 

coingeneration.com identity theft using stolen identity from its members to commit online fraud crimes

coingeneration.com identity theft using stolen identity from its members to commit online fraud crimes

[SCAM] Coingeneration.com DigitalGeneration DG Call for action

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As many might have guess wrong that coingeneration.com would not be updating any further news on their homepage or member’s homepage to be exact. Just recently coingeneration.com updated its news below, second quote. So call “Call for action” and what’s the action? Yes most of you guess it, more referrals, get that 20% comission by referring more victims to them to invest.

The “Call for action” news released published on member’s homepage of coingeneration.com simply another SCAM to motivate anyone. If there are over 500 thousands members registered and uses its scam HYIP program, out of the 500 thousands members, there got to be at least 1% of of the people will fall for this scam, and yes their calculation is exactly that. If we do the math, 5000 members will fall for this fraud from coingeneration.com, invest money in the fake ThreadManager software, and there will be at least 5% of the people will go out and recruit more victims for coingeneration.com to get 20% commission based on their victims investments.

Ever wonder why the commission so high? 20%, that’s very high. All you do is go recruit victims for coingeneration.com and in return coingeneration.com might give you the 20% commission if you can withdraw it. As if you’re in the USA it will be difficult because EGOPay already got banned, so are many other ones such as Perfect Money, Payza and so on. I hope people are not falling for this game, this trick coingeneration.com pulling at the moment.

Let me give you some reason why this is a trick, a fraud, a scam. Coingeneration.com domain still scheduled to expire on September 2014. See below whois. They may renew if they see their scam working and they’re making money, if not they will let it expire and coingeneration.com closed, while dgstocks.com and btc-o-matic.com will remain operating scamming more people, newer methods taking advantage of Bitcoin virtual currencies. Another reason is if you visit blog.coingeneration.com you will notice they redirect it to a facebook fanpage which has thousands of fake Likes which can be purchased for $5, you can have thousand of facebook likes in a matte of one day, click likes to get pay, another scam that is, but that’s a different story. Now if you’re on facebook coingeneration fanpage you will notice a lot of negatives comments, no one is getting paid, and they tried to delete posts but couldn’t manage it, negativity continue, and once in a while see one positive post such as they paid but weird, now that’s a weird comments.

Everywhere you search online, google search about coingeneration.com most likely you will land con scam discussion about coingeneration.com Now any business that tied to coingeneration.com and if a real legit business will for sure ruin its reputation. Unless the the business is coingeneration themselves.

Look in at the past, coingeneration.com operate for 3 months until April 2013, they started to frozen account payout, making excuses using Payza issue as a reason for not paying, then September they pay $50 max per day, and then $10 a day, and then new scam, asking people to buy DGStocks.com in order to get paid a fraction like $5 a day or less more depend on initial investments, then a couple months later beginning of November 2013, coingeneration.com stopped paying it’s older members and started second batch or second wave of scam for new members who registered in November forward. So many negativity and scam exposing in the chat room, coingeneration.com shut down the chat room, and continue to scam new members blindly with news and updates on its homepage. Dgstocks.com never went live pointed to btc-o-matic.com to sell fake Bitcoin machine and can only paid via BTC, Bitcoin payment is irreversible, like many other virtual currencies, if anyone fell for this scam, their money is gone forever. Nothing you or the authority can do anything about this scam. Just education yourself and stay away from online scam.

 

egistrar: EASYDNS TECHNOLOGIES, INC.
Whois Server: whois.easydns.com
Creation Date: 17-SEP-2012
Updated Date: 04-APR-2014
Expiration Date: 17-SEP-2014

Nameserver: DNS1.EASYDNS.COM
Nameserver: DNS2.EASYDNS.NET
Nameserver: DNS3.EASYDNS.ORG
Nameserver: DNS4.EASYDNS.INFO

Call for action
Step by step we have been pushing through to a new level of cyberspace. It took loads of ideas to build ourselves up and start the reboot process within our system.

Human progress has created a high-tech tool that we want to turn into a resource monetization mechanism, and, despite all the challenges and hardships that have come our way, we have triumphed.

Tasks, plans, and events make us strong and unique, which is why in the long run we aim to occupy a large chunk of our sector and, as we watch our competitors bite the dust, keep on improving our progress and deliver the good news to all our shareholders that the long-awaited changes and the payout resumption are here. As we keep beefing up our balance sheet, daily shareholder limits are currently set to $25,000 and from 2nd May will be increased to $50,000. Despite the reputational damage we suffered in 2013, we always act decisively and professionally and ask you to refrain from attacking or undermining the foundations of our system at the very time when we want to keep on good terms with everybody and are just unable to make concessions and turn a blind eye to what is happening. We are very hopeful that diplomacy can help us resolve these difficulties and that you can lend us some support and do not leave the unfair comments about us unaddressed. We want to make a direct appeal: your refusal to help us promote the project is our number one issue. We are correcting our mistakes and are ready to step up to the global level. But we are all in this boat together, and we can’t make this journey on our own! Promo materials are here.

For a complete picture, we would like to add that one more terminal is being installed in the heart of Amsterdam and we have rolled out production of two more models. Our experience suggests that the demand for bitcoin-selling terminals may greatly vary from country to country, which is why we will introduce a list of countries where our members can use part of their balance to make payments.

Thank you for your confidence.

Perk up and keep it up!

Yours,
DG Team