Discussion of the site Cointellect. Reviews about Cointellect.com

Have you heard anything about Internet earnings? For sure, yes. Moreover, now the ways of generating income in the network for some reason are actively being imposed on us in various media, on Internet sites, forums, seminars and advertising media. It feels like online earnings are something that everyone can afford and can bring in a lot of money.

Earnings on crypto-currencies

One of the ways to generate income on the Internet are crypto-currencies. Surely you've heard about bitcoin and how he made many people around the world millionaires because of their appreciation.

Crypto-currencies appear due to the use of computing power of computers - the "mental" resources of various servers running on the network. This means that anyone with enough generating capacity can get it.

This means that everyone can practically generate their own money using a computer more powerful. Not surprisingly, this sphere attracted so many people. As a result, they also started to create projects like Cointellect. Reviews about him, as well as features of his work, we will describe in this article.

Mining - extraction of currencies

So, let's start, perhaps, with a general definition of mining. This term comes from the English language ("mining") and is translated as "mining". As you can guess, this word is used to denote the production of ore or minerals in mines.

Of course, the extraction of crypto-currency has nothing to do with mines and quarries. It consists in connecting a powerful server (which has impressive graphics capabilities) - in other words, with as strong a video card as possible, to the network with the further work of the client-program. In the process of working the computer solves complex crypto tasks, due to which it receives currency packets. Actually, this is the very prey.

In the future, the received electronic currency (be it Bitcoin, Doge coin or any other) can easily be exchanged for the money we are accustomed to, freely available.

Services for earnings

As already noted, in the field of crypto-currency, along with the growth in demand for production, the number of various auxiliary services that provide services for monitoring rates, for trading (trading) with foreign exchange values, as well as for investment projects allowing to increase funds by investing in the lease of computing capacities of those Other companies.

As one such project was positioned Cointellect. Reviews of it show that the service allowed to earn by simply mining Doge Coin (another kind of crypto currency). The scheme of earnings is quite simple: you need to install the project program on your computer, run it and wait for it to save money while working. Of course, expect that in this way you can make at least some serious amount, do not. So, according to the feedback of the participants, Cointellect allowed to earn up to 1 euro a day. However, it all depends on the power of the computer and its performance (this determines the speed of production).

Cointellect.com: working conditions

Of course, installing the program is not the only condition. The site http://cointellect.com reviews characterize as an investment project. The essence of it was as follows: a person who launched a software for mining, could earn, say, no more than 1 euro. At the same time, if he bought a special contract worth 15 euros, he could earn more - the program lifted restrictions and extraction was calculated at different tariffs.

Such investment plans Cointellect (reviews worked there it is confirmed) had several - the cost of 15, 100, 600, 1000 and 3000 euros. Therefore, having bought this or that tariff, the user could earn much more. And the final profit increased as the cost of investment increased - so the organizers obviously attracted new participants and encouraged them to make investments.

Site Device

The site https://cointellect.com (reviews of those who worked with him, this is confirmed) had a fairly simple organization, intuitively understandable to each participant. Here, each was allocated a special "working area", which indicated the speed of production and the rate at which it is served. Thus, the user could calculate what his profit will be after a certain number of hours of computer operation.

In addition, the site was provided with a convenient calculation of investments. With its help, everyone could calculate how profitable it is to make purchases of the following additional service packages. Finally, there was also a referral system. About it - in the next paragraph of our article, containing reviews about the site Cointellect.

Referral system

What is a referral system, probably everyone knows, who at least once faced with earnings on the Internet. It uses all services to attract new members by encouraging referrers - those who brought a new member to the service.

The Cointellect site (its second address is http://cointellect.ee), which we consider in this article, also used a system of rewards for attracting users. This happened according to the following scheme: a simple participant was given a link with his unique identifier, which he was free to post anywhere. After the link was registered by another user, he "became attached" to the one who led him. Thus, there was a hierarchy of those who attracted and are attracted to the project.

According to the conditions under which the Cointellect program operated (user reviews confirm this), each participant received a percentage of the funds invested by his referral. Thus, there was material incentive to attract new people to the site.

Methods of earning

Given the above, it can be noted that the project could be earned in several ways. The first is a simple mining of the crypto currency with the help of a specialized program. This would be a small but guaranteed income, which does not require additional investment. The second option is for those who have the means to invest in an additional "pumping" account. This means buying the following packages (we talked about them above). If you analyze cointellect.com reviews about the site, you can conclude that most of the participants considered this method more interesting, because with its help it was possible to earn much more. True, the downside of this earnings is the need to make investments.

The third way to earn income on Cointellect is to attract partners. A person who has a resource (website, blog or forum) about earnings on the network, could safely publish an advertisement containing a referral link and earn on deductions - the percentage of the contributions of the participants listed by him.

Terms of payment

According to the information that was published on cointellect.ee (the reviews confirm it), payments are made in DogeCoin and PP. To withdraw, of course, more conveniently through PayPal, but the money deduced through DC, you can leave on your account and accumulate, counting on further growth of the rate of this currency. At least now a large number of people are engaged in trade speculation with crypto-currencies. Given their independence and decentralized nature, it can safely be said that such operations can bring good profits.

As for Cointellect, according to information from users who have already withdrawn funds from the system, the minimum amount for payment was 10 euros. After ordering a payment in this amount, it was necessary to verify your wallet (it's easy: if you work with PayPal through Qiwi, then you just need to receive a message with the code you need to enter). For DogCoin, you do not need to go through this procedure.

Cointellect.com: reviews

In general, the project as a whole can be responded as an interesting approach to earning money on crypto-currencies. And if it really worked as originally stated, then this service could certainly attract a wide range of investors and participants who provide the power of their computers to solve complex crypto tasks.

However, as you can see, information about the project is provided in the past tense. Yes, as you probably guessed, now the Cointellect service (the reviews confirm this) does not work. It was closed after a fairly short period of time after the launch, as a result of which its invested funds lost a lot of participants. As you might guess, there were no compensations or refunds from the organizers of the site, which suggests that the service was originally planned as a banal financial pyramid "in a beautiful wrapper" of an investment project in the field of crypto-currency.

Actually, the absolute majority of the latest characteristics on the part of the participants confirms the same thing: Cointellect is presented as a HYIP project. About what it was, read on.

The collapse of the project and the status of "Do not pay"

They are confirmed by numerous photos of the screen, which clearly shows information about transactions and data of payers. Forging such a number of screenshots is unlikely to occur to anyone, since there is simply no need for it. It can be concluded that Cointellect did pay, although it was a long time ago.

However, there is another side - perhaps, these payments were made from funds that came in parallel from other users. This is the nature of the HYIP structure: the first participants did receive their money from the second; The second - at the expense of third parties; And those - at the expense of subsequent ones. And, in general, the resource worked until the amount of the administration's liabilities to the participants increased to such a level that they could not repay them. So the site was closed. It is noteworthy that this happened on all domains at once, and not just on cointellect.com. The responses of many participants in the program contained all the despair of people who invested considerable sums in the purchase of new tariff plans for the production of DogeCoin. And, as a result, it turned out that everything was done in vain.

The meaning of fraud

The essence of such a project is, in fact, quite obvious - the organizers simply collected enough funds from the participants and "disappeared" in order to create something like that again in the future. Naturally, some investors (mainly those who were in the first waves of investors) really got the promised profit, thus returning their investments with profit. Perhaps those who advertised the project on various sites and forums, also managed to get their money in the form of a percentage of the contribution of referrals. This, too, can be said, a very beneficial role - to attract people, receiving income depending on how much they invested. Of course, there is no need to risk their own means, so there is nothing to lose to such a user (even if the project is dropped).

As for the last invested, then, most likely, they were expected not too enviable fate in the form of financial losses. If you look at the topics containing reviews about Cointellect.com (MMGP or any other financial and investment forum - this is the site where they are located), then you can find a lot of information about such people. As a rule, they make up a large part of investors in such projects.

How not to fall for the bait?

So, how not to go on about such dubious programs as Cointellect? How do you know when investing money, you will not lose them?

In fact, there was never a proven method to know this. The essence of investment in such programs is precisely the risk that the investor bears, wanting to make a profit. So if you do not want to become a victim of such a scam, then just do not mess with high-yield risky programs, wanting to make a profit. And then, of course, you will not lose anything.

Operational analogs

Are there really workable programs of a similar nature? Certainly. However, it is impossible to know for sure how much such a project will work, and whether it will be closed immediately after your contribution. Remember that the reviews of the first cointellect.com portal were also quite flattering - they talked about the fact that the site pays and gives the opportunity to profit to all comers. However, the situation soon changed radically.

When investing in such programs, remember that you risk losing them. Therefore, do not pursue profits in this form, because no one guarantees that such sites will always function smoothly. So in the future you can lose much larger amounts.