I discovered BluestoneMining.com while searching for crypto investments, particularly in cloud mining. Several websites, including Yahoo Finance and Coinpedia, recommend this platform. The website is well-designed and appears legitimate, at least to someone who isn't an expert in online security and verifying website authenticity. It seemed promising, so after some research and due diligence, I decided to sign up. They offered a $10 sign-up bonus, which was a nice incentive.
After creating an account, I funded it with a small amount and purchased a few minor cloud mining contracts to test the platform and get familiar with how it worked. Everything seemed to check out with contracts ranging from $10 to $3,000, so I felt confident enough to purchase a $5,000 contract. I also withdrew $10,000 at one point to ensure the process was smooth, and it went through without any issues.
Encouraged by this, I decided to purchase a $50,000 contract for 60 days, promising a profit of $56,400 with daily payouts of $940. While reviewing the contract terms, I noticed in Chapter 6 that VIP users are required to purchase five consecutive contracts of the same value or higher. There were no other specific time limits or additional requirements mentioned. I figured that with the daily payouts, I could easily manage purchasing five consecutive contracts. So, I went ahead and purchased my first $50,000 contract.
The daily payouts started adding up in my balance, and I decided to withdraw $10,000. To my shock, the transaction was blocked, and I received an email stating that I hadn’t met the contract conditions and couldn’t withdraw any funds until I purchased four more contracts. That should have been a red flag, but I had already invested $50,000 and didn’t want to lose it. Adding to my stress, I was then informed that I had only 30 days to complete the purchase of all five contracts, totaling $250,000.
This requirement was not specified in the initial contract description and came as a complete shock. When I contacted customer support, they told me there was nothing they could do, but if I purchased one more contract, they would grant me an extension with enough time to complete the purchase of the remaining three contracts. They didn’t specify how long the extension would be, but assured me it would be sufficient—as long as I bought another $50,000 contract.
I reluctantly purchased another contract and informed customer service via email. The next day, they confirmed that I had been granted a 14-day extension. However, this was far from enough time to purchase three more contracts worth $150,000. I expressed my concerns, but they responded that this was the best they could do and urged me to complete the contract purchases to avoid breaching the agreement and losing my investment.
At this point, I was panicking because I didn’t have enough money to continue. Even with two contracts and the daily payouts, I was nowhere near having the funds needed to reinvest. Desperate, I sold my stock investments and remaining crypto, but it still wasn’t enough. I had to borrow money and max out my credit cards just to scrape together the necessary funds.
I managed to purchase the third contract and was waiting for funds to transfer so I could buy the remaining two. However, as the end of my extension approached, the $50,000 contracts suddenly became unavailable. Instead, they offered a different type of contract where you could enter the amount you wanted to invest. I purchased the fourth contract the day before my extension ended.
On the last day of my extension, when I was ready to buy the final contract, the $50,000 option disappeared, leaving only $70,000 and $120,000 contracts available. I reached out to customer service, who told me I had waited too long and that my only option was to purchase a $70,000 contract, which would require an additional $50,000 purchase, or a $120,000 contract outright.
They assured me that once I did this, they would unblock my withdrawal function and allow me to access my funds. At this point, I realized that this was an impossible situation and that I was going to lose all the money I had invested in this scam. Conversations with customer service were futile—they just insisted that spending another $120,000 was the only solution. After my time to complete contract expired, I was locked out of my account and that was it.
In total, I lost $158,600, which included all my savings, the money I borrowed, and the credit card debt I accrued. Now, I am in a situation where I may have to sell my home to pay off my debt and get my life back on track. This website lures you in with unrealistic profit promises, using shady tactics, unclear contracts, and hidden requirements. They pressure you into investing more by instilling fear that you’ll lose your initial investment. Avoid this site at all costs to prevent losing your money.
