GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 114.

suchmoon

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https://bpip.org

Quote from: Oldminer on September 27, 2014, 08:48:25 PM

I also find the 5% fee for the buyer AND the seller (10% total) quite exhorbitant. Correct me if I'm wrong, but isnt this more than ebay & paypal charge on a single purchase combined?

eBay+PayPal AFAIK can be from 8 to 15 depending on category. But that's not comparable. PayPal gives up a large part of its fees to credit card processors, and eBay markets the products. What GAW does is more like a currency/commodity exchange, which have fees below 1% typically. For example CEX - which GAW doesn't want to be compared to, but let's face it, they are cloning it plus some gimmicks - and their fees are 0.2% IIRC.

Basically this looks like an attempt to curb the trading for some reason. Maybe they have the illusion that this will somehow keep the prices high, or at least give them a fat 10% margin on the secondary market, but it might backfire spectacularly. We'll see.

ajw7989

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Quote from: Oldminer on September 27, 2014, 08:48:25 PM

Quote from: suchmoon on September 27, 2014, 02:44:34 AM

This is the most confusing claim so far today:

https://hashtalk.org/topic/8483/hashlet-selling-methods

Quote

The reason we are using the Buy Back Program for Hashlet Primes is to start buying them out of circulation. This means that GAW will buy them back and not re-release them. We are going to start decreasing the amount of Primes in the wild to make them more valuable.

But as far as I can see Primes are still for sale and will remain so according to this:

https://hashtalk.org/topic/8471/introducing-the-hashlet-store

Quote

Hashlet Primes will Remain $50 Each!

Josh advised they 'would not always be for sale', but didnt say when they would be withdrawn. I did query him on this (in view of the fact the Prime's @ $50 would be a real money-spinner), asking what he intended to replace it with but got no response. My biggest concern with the site is the vagueness about their plans moving forward. Granted, it may just be they dont know exactly what they are going to do in the future and simply have ideas at this stage, but I find such responses (as above) are simply made to generate an urgency to buy without really knowing if their a good buy or not. Who's to say he wont release a 'Super-Prime' in the future, for example, thereby possibly reducing the value of the over-priced Primes by 50%?

I also find the 5% fee for the buyer AND the seller (10% total) quite exhorbitant. Correct me if I'm wrong, but isnt this more than ebay & paypal charge on a single purchase combined?

5% fee for both does seem crazy. it should be more like 2.5% each or just 5% for the seller. Ebay and paypal actually take a lot more though. Ebay takes 10% paypal 3ish% so not nearly as bad but still bad.

Oldminer

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Activity: 1022

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Quote from: suchmoon on September 27, 2014, 02:44:34 AM

This is the most confusing claim so far today:

https://hashtalk.org/topic/8483/hashlet-selling-methods

Quote

The reason we are using the Buy Back Program for Hashlet Primes is to start buying them out of circulation. This means that GAW will buy them back and not re-release them. We are going to start decreasing the amount of Primes in the wild to make them more valuable.

But as far as I can see Primes are still for sale and will remain so according to this:

https://hashtalk.org/topic/8471/introducing-the-hashlet-store

Quote

Hashlet Primes will Remain $50 Each!

Josh advised they 'would not always be for sale', but didnt say when they would be withdrawn. I did query him on this (in view of the fact the Prime's @ $50 would be a real money-spinner), asking what he intended to replace it with but got no response. My biggest concern with the site is the vagueness about their plans moving forward. Granted, it may just be they dont know exactly what they are going to do in the future and simply have ideas at this stage, but I find such responses (as above) are simply made to generate an urgency to buy without really knowing if their a good buy or not. Who's to say he wont release a 'Super-Prime' in the future, for example, thereby possibly reducing the value of the over-priced Primes by 50%?

I also find the 5% fee for the buyer AND the seller (10% total) quite exhorbitant. Correct me if I'm wrong, but isnt this more than ebay & paypal charge on a single purchase combined?

crashoveride54902

hero member

Activity: 784

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Dream become broken often

Quote from: suchmoon on September 27, 2014, 06:16:06 PM

Quote from: gawminershelp on September 27, 2014, 05:44:55 PM

How do you add amps to the Genesis and Solos?
How does one get to Suchmoons screen with the +

For Primes it's on the hashlet itself. I don't see it on Genesis or Solo, so it's probably not available yet. But I only have ~800 hashpoints, maybe that's not enough.

i have 8k and its no where i can see either

suchmoon

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https://bpip.org

Quote from: gawminershelp on September 27, 2014, 05:44:55 PM

How do you add amps to the Genesis and Solos?
How does one get to Suchmoons screen with the +

For Primes it's on the hashlet itself. I don't see it on Genesis or Solo, so it's probably not available yet. But I only have ~800 hashpoints, maybe that's not enough.

gawminershelp

newbie

Activity: 5

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How do you add amps to the Genesis and Solos?
How does one get to Suchmoons screen with the +

Mapuo

hero member

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Quote from: suchmoon on September 27, 2014, 02:09:34 PM

Great announcement. Can't wait for the next one. Please add more non-functional features.

Edit: this bug sounds quite nasty: https://hashtalk.org/topic/8630/market-not-working-correctly-big-issue-be-aware

I have ticket #33302 about this bug from hours and nothing happens. I'm little angry now...

Quote

Being Processed since last 5 hrs 11 mins

suchmoon

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Quote from: DARKANGEL6415 on September 27, 2014, 04:33:09 PM

i dont even know where do i need to get that extra boost they mention. unless i missed something i thought they had option to double dip pools now on the hashlets. I want to make it clear i am not talking about primes so if that is what they was referring to please let me know as i may have misunderstood. Huh

Primes have this "+" sign on them. Not sure how this looks like on Solos, I haven't got that far yet. But I think it would cost you HashPoints to get the second pool for a Solo.

suchmoon

legendary

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https://bpip.org

Ok, so the announcement apparently said Genesis will be in the Market "soon" and now is not soon yet:

Here is the thing about amps and boost:

Stargazer

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It might be a good idea. When I bought mine I was really hoping for a stable $600 bitcoin. You may call me a weak hand but when I see the charts I feel the need to just hold the coins instead of a miner, so I can push the bailout button if this goes the wrong way.

DARKANGEL6415

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i dont even know where do i need to get that extra boost they mention. unless i missed something i thought they had option to double dip pools now on the hashlets. I want to make it clear i am not talking about primes so if that is what they was referring to please let me know as i may have misunderstood. Huh

damiano

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103 days, 21 hours and 10 minutes.

Quote from: suchmoon on September 27, 2014, 02:09:34 PM

I tried to play around with some of the new features and it looks about as half-assed as usual.

The "market" doesn't look anything like a normal exchange-type marketplace, i.e. you don't see buy orders (demand), you only see sell orders (supply). You can't see price per MH/s, and can't sort by that obviously.

You can't use the pool amp on a prime that is placed for sale. Which kind of contradicts the promise to mine until it's actually sold. You can use boost though but not second pool. And the error message doesn't even say that, you kind of have to figure that out by trial and error.

I bought some Genesis hashlets to test out the market but I can't put them there - the "gear" button is missing. There is not a single Genesis hashlet listed for sale, so apparently I'm not the only one having the issue.

Great announcement. Can't wait for the next one. Please add more non-functional features.

Edit: this bug sounds quite nasty: https://hashtalk.org/topic/8630/market-not-working-correctly-big-issue-be-aware

I'm done with them. Got lucky when the primes first came out and have sold off a few to break even. I can't sell my remaining ATM since it says I'm not allowed. Zeushash and LTCGear and Genesis have the advantage right now. I don't care about btc anymore, I want other coins. I want ltc at the very least.

Having to log in every 12 hours just to boost my device is stupid. Mining should be simple and plug and play.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

I tried to play around with some of the new features and it looks about as half-assed as usual.

The "market" doesn't look anything like a normal exchange-type marketplace, i.e. you don't see buy orders (demand), you only see sell orders (supply). You can't see price per MH/s, and can't sort by that obviously.

You can't use the pool amp on a prime that is placed for sale. Which kind of contradicts the promise to mine until it's actually sold. You can use boost though but not second pool. And the error message doesn't even say that, you kind of have to figure that out by trial and error.

I bought some Genesis hashlets to test out the market but I can't put them there - the "gear" button is missing. There is not a single Genesis hashlet listed for sale, so apparently I'm not the only one having the issue.

Great announcement. Can't wait for the next one. Please add more non-functional features.

Edit: this bug sounds quite nasty: https://hashtalk.org/topic/8630/market-not-working-correctly-big-issue-be-aware

NuShrike

full member

Activity: 178

Merit: 100

#payoutwatch no website today! woob.

New major release on a Friday, smart.

edit: 0.0004296328125 / MH after fees.

Stargazer

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Quote from: DARKANGEL6415 on September 27, 2014, 11:25:13 AM

weird i cant go to website i get error message 1st i was getting certificate error, now i am just plain out getting 404 error code. I wonder if they changed the site link with this update they rolled out? Maybe the site is just down from so much taffic of people buying up new offers since i know they mentioned new price on genesis. I really wish SOMEONE FROM GAW who reads the forums as previous post say you do. PLEASE PLEASE update the pricing of hashlets on the gawminers website. I BUY MY STUFF FROM GAWMINERS WEBSITE DIRECT, not from zencloud site so please fix the price issue on hashlets to be same price as zencloud website. I mean it is same product after all owned by same person right so please just fix it

http://gawminers.com/ works fine for me. No certificate error or anything like that.

MOB

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Quote from: suchmoon on September 27, 2014, 02:44:34 AM

This is the most confusing claim so far today:

https://hashtalk.org/topic/8483/hashlet-selling-methods

Quote

The reason we are using the Buy Back Program for Hashlet Primes is to start buying them out of circulation. This means that GAW will buy them back and not re-release them. We are going to start decreasing the amount of Primes in the wild to make them more valuable.

But as far as I can see Primes are still for sale and will remain so according to this:

https://hashtalk.org/topic/8471/introducing-the-hashlet-store

Quote

Hashlet Primes will Remain $50 Each!

Remember when Josh said that Primes would not be for sale about a month ago (around the introduction of the pool specific hashlets)? He did stop selling them for a few days, but here we are again.

If he does actually stop selling them then that is good for current Prime owners, but without them being on the marketplace it is quite difficult for a fair price to be established.

DARKANGEL6415

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weird i cant go to website i get error message 1st i was getting certificate error, now i am just plain out getting 404 error code. I wonder if they changed the site link with this update they rolled out? Maybe the site is just down from so much taffic of people buying up new offers since i know they mentioned new price on genesis. I really wish SOMEONE FROM GAW who reads the forums as previous post say you do. PLEASE PLEASE update the pricing of hashlets on the gawminers website. I BUY MY STUFF FROM GAWMINERS WEBSITE DIRECT, not from zencloud site so please fix the price issue on hashlets to be same price as zencloud website. I mean it is same product after all owned by same person right so please just fix it

Flep182

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Quote from: Stargazer on September 27, 2014, 08:52:27 AM

It might be a good idea. When I bought mine I was really hoping for a stable $600 bitcoin. You may call me a weak hand but when I see the charts I feel the need to just hold the coins instead of a miner, so I can push the bailout button if this goes the wrong way.

Well, if you'd be selling the Genesis' for 8-9 USD a piece, with a low BTC rate you'd get more BTC in hand. Once it goes up you reinvest those BTC in Genesis again. Would it now rise to 600 USD you'd be very happy to sell with a low BTC rate. You would probably not earn as much with mining in the meantime Wink

EvilPanda

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Small Red and Bad

Quote from: alienesb on September 27, 2014, 10:10:45 AM

Quote from: ?? on ??

So what's this company called LTCGear, they give you 20% weekly when gawminers only gives 7%.
Why aren't people going with them instead, after reading the reviews and their 300 page thread.. They seem like the better investment and trouble free unlike gawminers.

Different buy in options are Gaws advantage here.

Don't even answer, he's not interested in any form of mining and if he really wanted to learn about LTCGear he would have used the search function and asked in their thread.

alienesb

hero member

Activity: 868

Merit: 1000

Quote from: ?? on ??

So what's this company called LTCGear, they give you 20% weekly when gawminers only gives 7%.
Why aren't people going with them instead, after reading the reviews and their 300 page thread.. They seem like the better investment and trouble free unlike gawminers.

Different buy in options are Gaws advantage here.

Topic: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) - page 114. (Read 262908 times)