This has all the signs of a Ponzi scheme. The claimed need for funds makes no sense. The claimed profits are implausible. There's no clear disclosure of the actual risks. The claimed revenue model makes no sense (the text says arbitrage, the audio conflicts). There's no evidence they've actually made the profitable trades they claim to have made. Genesis Mining has a history of refusing to prove they're actually doing the mining they claim.
Punch "genesis mining scam" and "bitclub network scam" into your favorite search engine and draw your own conclusions.
Interested in both sides of this. If there are some legitimate sources out there explaining how this is a scam then I'd love to read them. However, I learned long ago not to search for " scam" because absolutely everything will come up with results from completely unreliable sources. I'm sure someone out there says breathing air is a scam...but I'm going to keep doing that anyway.
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