Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 74. (Read 361607 times)

lol- I used the word "if" which is me getting negative. The fortunate thing is that I my eggs into many baskets.
Call me crazy- but i just bought an Antminer S5 which has a 15% discount. Bitmain has been the most reliable for me and i should likely look closer at HashNest again. I bet they will have S5 cloud mining contracts available soon. They will likely have a lower maintenance cost than even the S3s.

Eternal optimism. No wonder the same people invested in GAW and LTCGear.

if LTCGear does actually collapse

Hello everyone!

Being scammed feels horrible and I hate myself for being fooled by some assholes. That's why I want to find them. All I want right now is to find them at any cost. I even willing to give a small reward in btc, if someone finds a lot of info about them. I know it is really hard for getting my money back or even finding them. But I don't want to let this go. I am quite sure that there are quite a few people in the same place as I am, who might want to participate in the chase or in increasing the reward.

I should have suspected the fact he hasn't posted any pictures of his farm even if he said he would, the fact that paypal canceled his subscription, the fact that he is not even using a btc processor like BitPay etc, the fact that he offers a 8% discount for those who pay in btc, when it is actually the only way to pay him, 49% discount to turn your profits in shares, ROI 2-3 months, no Blockchain verification (at least I don't know if he is verified), no public mining addresses and his Whois address http://whois.domaintools.com/ltcgear.com . If anyone is able to track them, by any means please do it and I will reward you. However I didn't do any research before I went straight into the catch. 3 People that I knew, mentioned the good ROI and the fact that they were satisfied + the fact that they weren't constantly 'selling' shares made me think that they are legit.

I want to gather enough information about Chris. Even if people think that he will return, we could still gather as much information as we can and also create a plan in case he takes our money and runs away. This call is for people that send him money through PayPal, for people who traded physical miners with him and especially those who send their stuff back to him, for people who have talked with him over the phone, VoIP or have any social network account. For them who have received referral payments. People who have send him Btc and he still hasn't withdrawn them from the deposit addresses. People that know any possible mining addresses.

Buying bitcoin is just all around an easier and more profitable option than mining

No need to wait, you can assess them yourself. Just look for their  business registration, mining addresses, pictures of their datacenter, find asic endorsement etc. Can you find them? I cant either so its not likely going to be a 0 or even 2.

On the Hashnest problems with withdrawal today

On this tune we confirm we will be offering option to buy GH/s for EUR Soon!

Most of the collapsed ones were betting on the difficulty ramping up fast so they can pay out less. Since it stalled a bit, they got shaken out.

Now the remaining ponzies might have employed two different strategies:
- sell the investments for fiat and buy back as needed
- promote more aggressively and attract the obviously eager marketplace to invest more and keep the schemes going

I think too few ponzis collapsed in recent weeks. I was hoping to to see double digits. Which means there must be still a few more to come or if they survived they would gain more credibility...

I had a strong impression that they were intentionally paying too much to give false ROI hopes and push all the shares, but that's just my gut feeling.

Added. It ended up scoring 'only' 4 points, despite there not being a shred of evidence they own any hashrate. OTOH, its a fairly small IPO and cryptsy has more to lose than to gain by robbing customers over 140TH. That is, if you trust cryptsy. One important thing to note is that they give no information on fee structure, so its anyone's guess how much they will pay out going forward.

Added. It ended up scoring 'only' 4 points, despite there not being a shred of evidence they own any hashrate. OTOH, its a fairly small IPO and cryptsy has more to lose than to gain by robbing customers over 140TH. That is, if you trust cryptsy. One important thing to note is that they give no information on fee structure, so its anyone's guess how much they will pay out going forward.

scrypt.cc was added too, scoring a solid 6 ponzi score. Their domain registration info is not hidden, but also impossible for me to verify (street view shows what appears to be a garden), there is no company registration info, so I rated them as if anonymous.

please add cryptsy.com
https://www.cryptsy.com/markets/view/MN_BTC
https://www.cryptsy.com/currencies/view/260

why Knccloud is legit, they website do not has the fotos of farms