Topic: [ANN] HaoBTC, mining dividend paid out hourly - page 22. (Read 56801 times)

Would be nice to know if there is an option to store also other cryptos.

regards
lama-hunter

Because he asked for the hourly dividend rate. There are 8760 hours in a year. Therefore, an hour is 1/8760 of the APR (as that's annual).

Why the variable 8760?

Payouts are made very fast :=) Thats really great.
You can also collect an interest on that ammount you puit on your balance.

regards
lama-hunter

YourApr/8760=InterestPerHour

How much is the hourly dividend pay rate per btc actually?

thanks

wow very nice investment service.
Why it is hold at this moment and the payouts are not anymore via hour?

Would be great tomn hear about

regtards
BTC LOVER

Please send a request to our support email address.

Is there a way to recover or reset my Payment Passwort?
Cause i Forgot Mine

Hi Eric. Thanks. Please be assured I am not trying to paint a bad light of your service. As the Bitcoin world is murky with bad rep scammers ruining the reputation, legitimate potential investors and users might not have a positive view of the bitcoin community. As a bitcoin user with some experience, we should ask difficult and pointed question to remind potential users of the potential risk that one is exposed to, especially if the funds/btcs are moving across national  borders. I believe my questions are of valid concern -- political stability. Especially your service is a form of long term investment.

End of the days, potential investors have to decide for themselves what is best for them and what to do with their money (coins).

But on an investment basis, they aren't liquid. Giving up that interest turns it into a high-risk, low-reward situation, with a potential zero upside. Not saying it's "bad," but should be taken into consideratíon.

In what sense do you use the word "liquid"? We actually designed the product with liquidity in mind, and it is the reason why we decided to give users the right to withdraw their principal anytime - all they will sacrifice is the interest, small relative to their investment anyway.

In the world of Bitcoin, reputation is probably greater source of deterrence than law, at least now and in China, when it comes to preventing people from doing evil. Basically, someone who gets caught once, he will get kicked out of this world forever. Think of the Mark Karpeles. Hard to imagine if this guy establish a Mt. Gox II and this exchange will get non-trivial number of users.
For guys like Wu Gang, what would the benefit be if he abscond with a few thousands user's bitcoins? - let's say that he has the ability just for argument's sake. He is happily married with a lovely seven-year-old daughter. Almost all Chinese bitcoiners know him, many having met him in person, and his pictures are on the Internet. He even publicized the scan of ID card last year when the Chinese users demanded greater transparency following the insolvency of BTC Piggy Bank. As an early miner, he has a sizable stash of BTC of his own - give up a good life and family for an extra couple thousands of BTC? I don't think so. And the company's assets are mostly in mining gear, which wouldn't be possible to resell quickly without catching attention. And it is almost impossible for him to do it alone. He would have to collude with other people, at least the CTO, who is in a more or less similar situation - forty something, stable life and in no urgent need for money. And this prospect is becoming increasingly difficult as the company grew larger.
For me, it is more or less the same. My photos are literally everywhere. Where can I go and do if I suddenly got stupid and steal, say, 1,000 BTC? The idea is just preposterous.

Withdraw limit: There is a daily limit, though it is probably high enough that 99% of our users wouldn't feel it. Can't remember if it is 200 BTC or 500 BTC per day - need to check with my colleague.
Political stability and upcoming regulations: Personally I am not too worried. We have been in contact with lower-level government authorities in different regions since the beginning of this company. So far nobody told us that what we did is illegal. Also, I think Bitcoin is still too small to warrant any abrupt and radical government action. We have a long way to go before the government start to feel threatened. Also, the tech environment in China is pretty freewheeling and argument can be made that it is more encouraging for and tolerant of the kind of permission-less innovation which is what we see ourselves. In the US, people like Ross Ulbricht was sentenced for life. In China, I am not aware a single BTC entrepreneur, not even the bad ones, getting anything even close.
Of course, that cuts both ways.

HalleyBTC and ZeusHash sent the exact e-mail newsletter to broadcast HalleyBTC services. Both were sent hours apart. The appearance of HalleyBTC has coincided with the non-payment of ZeusHash.

In their newsletter, it stated zeushash on the footer (im guessing initially they  forgot to change this). If you've been following their thread then you'd know. Halleybtc is a confirmed scam site.

There have been MANY instances of allegations. But like most things, it's extremely hard to piece together what's true and what's FUD. I can't personally confirm anything as a result of that, but there's been enough to keep me away (Google "halleybtc scam" and you'll find a lot).

Any proof of this?

Yes. Although some companies in the non-western sphere  are able to offer higher rates and seemingly better numbers, investors forgot to factor in the political stability factor and some of these states do not have consumer protection. "International" investors like us do not offer those states any incentives such as tax returns and there are no reasons why we should be covered.

Normally I'd say that you can't make money without risk, but in this case, the upside is 6% per year on a very volatile (read: high-risk) asset, which is hardly something to go chasing after for an investor. I exclude the "Finance" contracts here because those aren't liquid and in and of themselves boost risk significantly.