[CLOSED]R13x: Black Arrow Bullet Run, Nov. + DZ MC Bonuses - page 12.

ThinkFast

member

Activity: 69

Merit: 10

Quote from: thomas_s on November 05, 2013, 10:35:59 PM

Quote from: ThinkFast on November 05, 2013, 10:23:54 PM

Ok. Thanks. I was just trying to cover the bases.

I just tried to go to www.cashintocoins.com and got a message saying:

This Connection is Untrusted

You have asked Firefox to connect securely to www.cashintocoins.com, but we can't confirm that your connection is secure.

Normally, when you try to connect securely, sites will present trusted identification to prove that you are going to the right place. However, this site's identity can't be verified.
What Should I Do?

If you usually connect to this site without problems, this error could mean that someone is trying to impersonate the site, and you shouldn't continue.

www.cashintocoins.com uses an invalid security certificate. The certificate is only valid for *.nfshost.com
(Error code: ssl_error_bad_cert_domain)

Can anyone confirm this?

Hmm it gave problems at first, then I googled it and it came up ok

https://cashintocoins.com/index.php

Ok. That worked. Thanks!

jawnzer

newbie

Activity: 28

Merit: 0

Damn, need to get some coins. Have them all tied up, thinking I was able to do paypal for this round!

Doubtful there will be any left by Friday.

thomas_s

hero member

Activity: 574

Merit: 500

Quote from: stex2009 on November 05, 2013, 10:54:03 PM

You guys don't need our real name and address, right? I first thought I was paying by Paypal/ bank/ credit card as it said USD. Since it's all BTC, I am assuming it doesn't matter where we live and which we are!

Fake is fine.

stex2009

legendary

Activity: 1134

Merit: 1000

You guys don't need our real name and address, right? I first thought I was paying by Paypal/ bank/ credit card as it said USD. Since it's all BTC, I am assuming it doesn't matter where we live and which we are!

thomas_s

hero member

Activity: 574

Merit: 500

cashintocoins is a secure website in order to reach it you must go to

https://www.cashintocoins.com

not

http://www.cashintocoins.com

going to the later gives the error, my guess is the way it is forwarded to the https

stex2009

legendary

Activity: 1134

Merit: 1000

Quote from: ThinkFast on November 05, 2013, 10:23:54 PM

Ok. Thanks. I was just trying to cover the bases.

I just tried to go to www.cashintocoins.com and got a message saying:

This Connection is Untrusted

You have asked Firefox to connect securely to www.cashintocoins.com, but we can't confirm that your connection is secure.

Normally, when you try to connect securely, sites will present trusted identification to prove that you are going to the right place. However, this site's identity can't be verified.
What Should I Do?

If you usually connect to this site without problems, this error could mean that someone is trying to impersonate the site, and you shouldn't continue.

www.cashintocoins.com uses an invalid security certificate. The certificate is only valid for *.nfshost.com
(Error code: ssl_error_bad_cert_domain)

Can anyone confirm this?

Same here.

thomas_s

hero member

Activity: 574

Merit: 500

Quote from: ThinkFast on November 05, 2013, 10:23:54 PM

Ok. Thanks. I was just trying to cover the bases.

I just tried to go to www.cashintocoins.com and got a message saying:

This Connection is Untrusted

You have asked Firefox to connect securely to www.cashintocoins.com, but we can't confirm that your connection is secure.

Normally, when you try to connect securely, sites will present trusted identification to prove that you are going to the right place. However, this site's identity can't be verified.
What Should I Do?

If you usually connect to this site without problems, this error could mean that someone is trying to impersonate the site, and you shouldn't continue.

www.cashintocoins.com uses an invalid security certificate. The certificate is only valid for *.nfshost.com
(Error code: ssl_error_bad_cert_domain)

Can anyone confirm this?

Hmm it gave problems at first, then I googled it and it came up ok

https://cashintocoins.com/index.php

ThinkFast

member

Activity: 69

Merit: 10

Ok. Thanks. I was just trying to cover the bases.

I just tried to go to www.cashintocoins.com and got a message saying:

This Connection is Untrusted

You have asked Firefox to connect securely to www.cashintocoins.com, but we can't confirm that your connection is secure.

Normally, when you try to connect securely, sites will present trusted identification to prove that you are going to the right place. However, this site's identity can't be verified.
What Should I Do?

If you usually connect to this site without problems, this error could mean that someone is trying to impersonate the site, and you shouldn't continue.

www.cashintocoins.com uses an invalid security certificate. The certificate is only valid for *.nfshost.com
(Error code: ssl_error_bad_cert_domain)

Can anyone confirm this?

floatyfish

sr. member

Activity: 373

Merit: 250

Full amount sent for Order #517. Looking forward to Friday hashing!

stex2009

legendary

Activity: 1134

Merit: 1000

Bought 4 more shares. (Now I have a total of 6 shares in this group buy)

Order : #518
Date: November 5, 2013
Price: $452 for 4 shares
BTC: 1.85486754

Shares sent to: https://blockchain.info/address/13gB7SQNNbtbwPRw4Zc97ZBMSBicXfACjz

My payout address: 1JTjdKJ8SZbQHhHZuShxa4JBxV1JWLTdyc

Miramyn

full member

Activity: 169

Merit: 100

Quote from: likeBTC on November 05, 2013, 08:57:34 PM

one can get a red fury or blue fury for the same price as 1 share here. Red/blue fury mere 2.5 GHS, your share 8-10 GHS. What's the catch?

I'll add my thoughts on this as well.

If you buy the red//blue fury you get a physical item that you can do what you want with it.
You can set it to mine whatever coin you want, btc, any sha256 alt coin etc.
You can see the blinking lights, touch hold and feel it.
You can sell it, show it to your friends and finally make into a keychain when done with it.

With the GB shares you are buying a share in a MUCH larger machine, so you get a lot more GH/s for your money.
But you don't "control" it.
You don't control the pool, You don't control what it mines or anything else.
You also don't have it to worry about keeping it running, cooling it, paying for electricity etc.
Its a hands off option where you pay upfront and collect your monies on scheduled payouts (currently twice a month)

The Co-op also votes on most things such as what pool to mine, when/if to sell and re-coup some costs on the hardware etc.
So you do have a voice (1 vote per share) just not 100% control as you would if you had the physical item in your hands/home.

I MUCH prefer these GBs as I can get much more GH/s per $

DyslexicZombei

sr. member

Activity: 364

Merit: 250

Thank you for the input Philip.

Phil's such a great guy he gave the co-op a ~$1500-ish deal for server grade UPS/Batteries...for only $525!

Don't forget, you need to pay electricity for that stick; our hosting costs are cheaper than 99.9% than most home mining sites. You also get access to 5 remote/local admins, every single one of them a longtime IT pro and/or network/software/electrical engineer, with a combined 80 years+ of hardware/software troubleshooting and design experience.

Also: we plan on selling all of our miners at about the 5-7 month mark when most of the year's projected ROI has already been met (90%+), in order to recoup purchase costs and split this among the Round's buyers.

...and I'm very, very good at hardware arbitrage... Wink

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

Quote from: likeBTC on November 05, 2013, 08:57:34 PM

one can get a red fury or blue fury for the same price as 1 share here. Red/blue fury mere 2.5 GHS, your share 8-10 GHS. What's the catch?

I will answer that . this is a better deal not that much of a catch for small investment of 113 or 226.

for a large investment of 50 shares one could argue there are better deals. buy a knc jupiter

btw I have a red fury and still can't get it to work on bitminter.
and I have some cex.io shares
and I have some asic miner sticks.
and I have some shares in a knc group buy.

I have sold 1000 usd in ups gear to the coop ( at half price) and I do know the location of the mining site.

I am a long term seller on ebay.

http://www.ebay.com/usr/philipma1957

ten plus years.

likeBTC

full member

Activity: 151

Merit: 100

one can get a red fury or blue fury for the same price as 1 share here. Red/blue fury mere 2.5 GHS, your share 8-10 GHS. What's the catch?

DyslexicZombei

sr. member

Activity: 364

Merit: 250

Quote from: ThinkFast on November 05, 2013, 08:18:28 PM

When I buy a share, is there legal documentation that explains what I entitled to? If so, where can I find it?
Thanks.

None of these Group Buys for miner rig shares here have legal documentation at this time that I'm aware of, on any of them. These are "virtual shares" for the uninitiated. There is business insurance on your equipment, and well...our co-op's rep that we won't steal your BTC or fiat.

We've done about $200K in sales now if you include the BTC ATM funds being refunded right now. We're paying out BTC on R5/R6 which is hashing, and will be doing a miner payout on R9-12, which is also hashing, on or about November 15. There hasn't been a single complaint from anyone as to how we've handled their USD/BTC/ID.

Please, please speak up if you don't see your name/address on the official spreadsheet as we're known for being sticklers about getting share ownerships correct., but honest mistakes can happen.

However, on the legal documentation side: I'm happy to report that we incorporated our BTC ATM sub-company. We are setting up a number of sub-companies.

This means that even our "amateur" Group Buys here will soon be given the honest to goodness, pro treatment with good ole legal documentation and the power and rep of our co-op and corporation behind it.

ThinkFast

member

Activity: 69

Merit: 10

When I buy a share, is there legal documentation that explains what I entitled to? If so, where can I find it?
Thanks.

floatyfish

sr. member

Activity: 373

Merit: 250

Quote from: DyslexicZombei on November 05, 2013, 06:50:29 PM

Also, I can tell you that things are moving quickly on both the "amateur" and the pro side of our activities, and that we hope to have the framework for an investor compensation plan for any Qualified Investors interested in diversifying from miners. As of today, we are officially incorporated as a LLC. doing crypto related ATM business.

Would you be able to go into more detail about this? I would love to be an investor even if I can only submit a small amount of money.

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

order # 522 1 share

at 113 usd or 0.4765... btc

https://blockchain.info/tx/5251818dcde4555af3c7cb7171562266be52661c586a7e88d4118a88a3a120ca

payout address

1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x

Hili

member

Activity: 69

Merit: 10

Quote from: DyslexicZombei on November 05, 2013, 06:50:29 PM

Hey Hili,

Thank you very much for the catch! Doh, moving too quickly so I thank you for the math fail catch and would like to give you a 2nd month Free Hosting for any shares you have in this Round and any previous R9-12 rounds, if you have any.

Thank you and cheers! (Plus wouldn't help to copy/pasta this 2nd month free for miner payouts next month just for you, JIC of a math fail again next month. Cheesy

Oh, thank you very much, I'm glad I could help. I don't understand the last sentence though. Do you mean that I should help you remember :p?

You seemed to have skipped over some parts of my PM though. Take a five, drink a typical Hawaiian cocktail and see that I have provided you with a revision of the OP, ready to copy-paste.

DyslexicZombei

sr. member

Activity: 364

Merit: 250

Quote from: ThinkFast on November 05, 2013, 07:24:02 PM

I just want to make sure I understand this. When you buy a share, is it for a limited time or is it like buy buying a share of stock on the stock market? Meaning you are earning dividends as long as the coop is in business. The word "Run" is usually a finite amount of time. Can you clarify?
Thanks.

You own it forever, but of course, hosting/management fees still apply.

However, because of rising difficulty, in every one of our Miner Rounds we vote on when to sell the miners starting at about the 4.5 month mark (to sell at or about the 5 month mark) in order to recoup as much of our original purchase. The plan is to sell them to recoup most of the purchase /operating costs when more than 90% of ROI is projected to be met....but at less than the 50% mark (5 months) in the operating year.

I have a long, successful track record for hardware arbitrage.

The sale of any of the co-op's miners will have the funds disbursed in proportion to your ownership of that Rounds miner(s). You can choose to re-invest it in the co-op (in this way: there is no forced percentage of miner equipment re-investment in this GB or co-op; it just happens organically), or one can pursue other choices.

Topic: [CLOSED]R13x: Black Arrow Bullet Run, Nov. + DZ MC Bonuses - page 12. (Read 14868 times)