Topic: Cex.io (Read 1781 times)

The good thing in buying shares of cloud mining in cex.io is that you can sell those GH/s anytime you want whenever you feel like you profited. However, like the markets of altcoins, the price can either tank or skyrocket depending on the movements in the market. If you want to experience mining and at the same time earn, don't expect too much profit when you use cex.io cloud mining services. The maintenance fees are high these days and the profit in mining is not that much compared to previous years because of the difficulty increase.

Simple, they ssaw the succes of PB, and thought, we can do that better

You are a gentleman and scholar and give hope to humanity.  Cheers.

Would be very easy to prove their own hash power like you said. I don't know what their intentions are but I won't call them ponzi's yet. Partial mining and not showing any hash power is however suspicious enough to remove them both from my website (done). Something shady is clearly going on.

Josh Garza @ Gawminers has been repeatedly caught lying to clients and deleting posts to cover up negative publicity, despite this they have some evidence they are actually partially mining their sold hash rate.

They have -  No public mining address / no user selectable pool, Open ended IPO , and a referral program that doesn't add up all indicating they are partial ponzi's and fractionally reserve mining.

Hashie has No public mining address / no user selectable pool, No endorsement from any asic vendor, No relevant pictures of their hardware and datacenter, Open ended IPO, Referral programs that don't add up, Anonymous operators,  .... all indicating that it is clearly a ponzi.

It is trivially easy to prove these companies have the hashpower they claim with the blockchain. Why aren't they doing so?

P.S... I quote the relevant spots merely to be concise and for readability, as long as you don't edit your comments people cannot take you out of context and I have no intention in quote mining.

Do full quote please else it's very misleading I'm sure that wasn't your intentions

I'm not actively trying to promote Hashie or Gawminer but I don't believe they are ponzi's. And no one looks at my signature until you made that post, if you provide me with proof enough to think they are ponzi's I will remove them from my website (who nobody visits).

There is plenty of evidence available that those companies are partial or full ponzi's. Do a bit of research before selling yourself as a shill for the price at or near 0.

Your ethical standards seem to dictate that because there may be a small chance these companies are legit you will become a shill for the chance to get a few dollars. If I even suspected a company of being a ponzi or scam I wouldn't promote them like you are no matter how much they offered me. I would first try and address those concerns and ask for clarification before advertising.

I understand that I am coming off as an sanctimonious asshole , but don't intend to be unnecessarily mean or directly attack you .... I am just bringing to your attention that you are making a difference and it is negative and does reflect poorly upon you. Even if you get 0 signups you are still giving cover to ponzi's by promoting their name and making it appear that many members on this forum support them.

Are you nuts? Do you have proof that Hashie and Gawminer are scams? and where do you see me promoting them in some sort of shimmering light that would result in sign ups who spend money?

I understand completely, your integrity can be sold to the highest bidder for practically nothing. There is no price that someone could pay me to advertise a scam. For you it appears that around ~0 is your price. Very interesting.

You are the only one who looks at my signature and I don't feel like defending any cloud mining company. They are all a gamble but if you want to gamble why would you bet on something that is guaranteed to lose you the most money? Is there any cloud mining that pays out worse than cex.io?

Not like I go on bitcointalk making a thread about how hashie or gawminer is something to invest in. No one looks at my signature, period. And if I was to invest in cloud mining... I'd pick one of those two so it's not like I'm being dishonest. I'd pick Hashie with 10gh free and 20gh paid (most likely will not ROI but slim chance if difficulty remains unchanged for awhile). Gawminer (1x hashstaker) all depends on whether or not paycoin gains acceptance... a big gamble and not one I'd put much money into. There, now you made me promote them, happy?

They both ended up there a month ago when I was looking at cloud mining for a bit because they had something free to try out. Just like my link to faucet rotator is something free. You are not forced to buy and gives you a chance to try and decide for yourself. Can hardly say that is actively promoting something because I have a link for cloud mining that goes to another website that has two links which most people will NEVER EVER EVER even see unless you hadn't said anything ~3 hits in a month (0 sign ups).

You have moral culpability as well being an affiliate promoting a likely ponzi in your sig. Disgusting.

They are selling dreams and people buy.

You understand this, yet still promote likely ponzis in your sig? Did you forget you were an affiliate for hashie and gawminers? How do you rationalize these actions?

If the mining is not going to be even close to profitable, completely impossible to ROI why are so many people defending cex.io? So they make money selling garbage -> you make money tricking beginners into thinking these GH vouchers are worth more than the overprice you already paid. Don't get me wrong, a few of you are clearly making money selling this crap but it's at the expense of beginners that clearly don't understand what they are buying. Way more people will lose (0% chance to ROI) than gain $ from Cex.io cloud mining so why promote this as being legit

Can't say I believe any of the "legit" (<- sometimes debatable labelling) cloud mining companies at the moment will ROI but they will pay back a lot more than cex.io ever will.

Buying mining power and mine yourself really isn't worth anymore if you don't plan to hold these coins and you belive that we will get way over 1k$ again.
Or want to trade it...

I am not looking for an argument, this isn't about me or you, but about honestly representing the services to new users. Remember, we are in the newbie section and we should go out of our way to give accurate information with Bitcoin as people are already skeptical because the FUD that is spread by the MSM.

It really is a simple question you are avoiding, and I will leave you to reflect upon the reasons which cause you to avoid openly and honestly addressing these concerns.

Are you in denial, are you credulous, or are you a charlatan that is ok profiting from affiliate revenue which comes from unethical business practices?
Where are your standards (evidential or ethical), bro?

Something to think about.

P.s... that proof you refer to is merely some evidence to account for a tiny fraction of the hash rate they supposedly have.

You are out, looking for a argument, and I am not in the mood for that now.

I support one of the cloud mining services out there, who provided proof of actual mining paying for the cloud mining they offer, to people like me, who cannot afford to go mining for myself.

Let's leave it at that, because we will never come to the same conclusion. 

Sure , there is a degree of dishonesty between the two, no one is denying that. Full Ponzi's are more dishonest and evil than partial ponzi's. Does that make fractional reserve mining (partial ponzi's ) right though?

Why does Gaw post a silly video showing one row of miners in an empty warehouse(being careful not to show other, probably non-existent rows) and spray paint the ground when they could easily just show the hashrate and freshly mined coins being generated with the blockchain?

So you are ok promoting partial ponzi's, right?

Let's make this clear {For me, there is a difference, between a company doing cloud mining and only using ponzi money to pay out to people, thinking they are mining, when they do NO mining at all AND a company, who does mining and pay from that income to the investors}

Pbmining did NO mining and they paid everything they paid from Ponzi

So you are ok with the lies coming from GAW, and the fact that they are likely fractionally reserve mining when it is trivial to prove they aren't?

https://bitcointalksearch.org/topic/stay-away-from-gawminerscom-paycoin-paybase-mineral-scam-875487

So your ethics allow to only support partial ponzi's and not full?

Use some critical reasoning skills, if it is trivial to prove 100% hashrate backing cloud mining why isn't Gaw doing so? Doing so will certainly attract more clients.