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Topic: Haunted Hashlet Cloud Mining (Read 2546 times)

member
Activity: 90
Merit: 10
November 03, 2014, 01:39:58 PM
#22
So if you so sure it's a HYpe, why did you not ride the wave and profit?

Most people who started early, already ROI 'ed and are showing profits. I have no doubt some of them run their operation like ponzi's but GAW can give physical proof of mining being done.

So there are a difference between a legitimate operation and a ponzi scheme. By my definition, if no proof of acctual mining can be given, I would worry.

I am probably biased, being in the GAW signature campaign, but they have no problem, with going public with information to show that it's a legitimate operation.

I think the small people, like me, are the ones who will ultimately pay. I was a founder, but my overall investment with GAW was negative. One of the first things, and the most expensive, that I bought from them was a gridseed blade which will never, ever pay for itself. The scrypt coin market relative to bitcoin continues to fall. GAW can only do so much until they have to expose the users to this fact. They had to get out of the business of converting scrypt coin to BTC because that was only hurting themselves and driving the price down. Enter HashCoin and the current situation.

If it isn't profitable for me to jump back in then I won't, and neither will most other people and hashcoin will go nowhere. In order for HashCoin to be successful someone needs to want to buy it at $20, not just sell it at $20, and there are plenty of people who want to sell it at that price point.
legendary
Activity: 1904
Merit: 1074
November 03, 2014, 03:50:54 AM
#21
So if you so sure it's a HYpe, why did you not ride the wave and profit?

Most people who started early, already ROI 'ed and are showing profits. I have no doubt some of them run their operation like ponzi's but GAW can give physical proof of mining being done.

So there are a difference between a legitimate operation and a ponzi scheme. By my definition, if no proof of acctual mining can be given, I would worry.

I am probably biased, being in the GAW signature campaign, but they have no problem, with going public with information to show that it's a legitimate operation.
member
Activity: 90
Merit: 10
November 02, 2014, 11:46:01 AM
#20
I predict that these people a year from now will look back on the GAW hype and feel really foolish that they fell for it.

Already happening....

Look back at the history of bitcoin. I remember many comments like that when bitcoin was at its beginning. That it will be foolish to invest anything and in a year or 2 it all crumble. Look at bitcoin now...

This is nothing like Bitcoin. Bitcoin was revolutionary and stood on its own merits.  This stands only on hype and backing by large investors, banks, and GAW. put your faith in them if you want, but there is nothing going on here besides a money making scheme that someone has to pay for.
sr. member
Activity: 700
Merit: 294
November 01, 2014, 11:56:00 PM
#19
I predict that these people a year from now will look back on the GAW hype and feel really foolish that they fell for it.

Already happening....

Nothing ventured, nothing gained.
legendary
Activity: 1862
Merit: 1004
November 01, 2014, 08:39:29 PM
#18
I predict that these people a year from now will look back on the GAW hype and feel really foolish that they fell for it.

Already happening....

Look back at the history of bitcoin. I remember many comments like that when bitcoin was at its beginning. That it will be foolish to invest anything and in a year or 2 it all crumble. Look at bitcoin now...
newbie
Activity: 6
Merit: 0
October 29, 2014, 01:44:40 PM
#17
I think the timing was key for zenpool to get a good profit.  People who started with Zencloud transfered their hardware to hashlet primes and then sold at the peak or even now (after getting some revenue in the good days of zenpool) made out like bandits. Since they pretty much got in when primes were like less than $15 per MH/s  (even now I still think its sitting $39+ in hashmarket and still selling because of speculation on the "hashcoin" ICO from hashpoints).

Met ROI and more with zencloud albeit I was one of the early people in zencloud...

That being said I think GAW means well in the cloud mining but ya reskinned primes isn't something I'd consider paying more than market priced primes.
sr. member
Activity: 700
Merit: 294
October 28, 2014, 10:19:30 PM
#16
I have quite the suspicsion you work for Gawminers, but that doesn't effect how truthful your comment was.

Thanks, I guess... But no, I don't work for GAW/ZenCloud.  Cheesy  Just an affiliate link in my sig... just like you.

I'm certainly not "Craig" either.
hero member
Activity: 595
Merit: 506
October 28, 2014, 05:20:28 PM
#15
I've hit ROI already so whoever says you can't ROI with cloud mining is wrong.
newbie
Activity: 27
Merit: 0
October 28, 2014, 04:49:41 PM
#14
I have no doubt they have a massive farm of both scrypt and sha mining. I'm talking more along the lines of their hashpoints which they can manipulate in any way shape or form and won't actually require anything beyond a single CPU to mine for everyone. They basically created a fiat coupon system on top of the fiat dollar and it goes against what anyone invested in crypto should be about.

Valuing certain "miners" or "shares" in hash power above other shares should also be a concern. The haunted hashlets, vegas hashlets, etc. It's like saying the first bitcoin that Satoshi mined is more valuable than the one that was just mined. It's all hype and ignorance. Yes, some people are going to make a lot of money doing this, but most people probably will not.

I would certainly pay more for the first 50 bitcoins than for the 50 bitcoins I may and may not have now.
sr. member
Activity: 700
Merit: 294
October 28, 2014, 01:05:41 PM
#13
I have no doubt they have a massive farm of both scrypt and sha mining. I'm talking more along the lines of their hashpoints which they can manipulate in any way shape or form and won't actually require anything beyond a single CPU to mine for everyone. They basically created a fiat coupon system on top of the fiat dollar and it goes against what anyone invested in crypto should be about.

The hashpoints are a temporary reprieve for the low payouts, low BTC/USD exchange rate, and the maintenance fees.  You don't have to mine hashpoints at all if you don't want to.  Or you can get USD equivalent to use for other things in the future.  It's a way to hedge against even lower BTC/USD exchange rate, lower payouts, difficulty increases, etc.


But hints have been dropped about a new coin and that hashpoints can be used in the ICO.  Whether that is a good strategy to point your hashlets to the hashpoints pool or not... that is up to you.


Quote
Valuing certain "miners" or "shares" in hash power above other shares should also be a concern. The haunted hashlets, vegas hashlets, etc. It's like saying the first bitcoin that Satoshi mined is more valuable than the one that was just mined. It's all hype and ignorance. Yes, some people are going to make a lot of money doing this, but most people probably will not.

Some people are collectors... Why not cater to their interests?  It doesn't affect bitcoin in any way.
member
Activity: 90
Merit: 10
October 28, 2014, 12:34:36 PM
#12
I have no doubt they have a massive farm of both scrypt and sha mining. I'm talking more along the lines of their hashpoints which they can manipulate in any way shape or form and won't actually require anything beyond a single CPU to mine for everyone. They basically created a fiat coupon system on top of the fiat dollar and it goes against what anyone invested in crypto should be about.

Valuing certain "miners" or "shares" in hash power above other shares should also be a concern. The haunted hashlets, vegas hashlets, etc. It's like saying the first bitcoin that Satoshi mined is more valuable than the one that was just mined. It's all hype and ignorance. Yes, some people are going to make a lot of money doing this, but most people probably will not.
hero member
Activity: 658
Merit: 500
Small Red and Bad
October 28, 2014, 11:08:18 AM
#11
I predict that these people a year from now will look back on the GAW hype and feel really foolish that they fell for it.
Funny, but people are saying exactly the same thing about bitcoin Wink
member
Activity: 90
Merit: 10
October 28, 2014, 09:15:56 AM
#10
I predict that these people a year from now will look back on the GAW hype and feel really foolish that they fell for it.
legendary
Activity: 1694
Merit: 1024
October 28, 2014, 08:39:42 AM
#9
If you were one of the people able to buy one of these Hashlets directly from GAW that would be great. Seeing as they aren't available anymore you could put it on the marketplace and sell it for easily 3-4x more than you paid for it. Not sure why people are willing to pay these prices for a special Hashlet with no differences from a Prime, but I guess for some reason people will.
sr. member
Activity: 426
Merit: 250
October 28, 2014, 08:26:43 AM
#8
I'm personally an advocate of Hashlets, but I have to agree that I don't see any point in paying for a premium because it has a different skin. It's just like the Legendary hashlets that used to be going for $100+ (they are around $75 the last time I saw). They are just Primes with a different look. I'd rather get a Prime for $40.
sr. member
Activity: 756
Merit: 250
Infleum
October 27, 2014, 10:19:34 PM
#7
Dont buy cloud. Seriously. You will not ROI.
Check here:
http://www.vnbitcoin.org/litecoincalculator
http://www.vnbitcoin.org/bitcoincalculator

 Angry



The problem I see here is, you could as well say: don't buy miners, you will not ROI.
member
Activity: 111
Merit: 10
My avatar is in the shop
October 27, 2014, 09:10:14 PM
#6
Dont buy cloud. Seriously. You will not ROI.
Check here:
http://www.vnbitcoin.org/litecoincalculator
http://www.vnbitcoin.org/bitcoincalculator

 Angry

full member
Activity: 168
Merit: 100
October 24, 2014, 05:49:00 AM
#5
lol! seriously....
newbie
Activity: 9
Merit: 0
October 24, 2014, 05:00:51 AM
#4
collecting hashlets because of their skin? lmao!
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
October 24, 2014, 03:42:46 AM
#3
people actually want to collect these hashlets? lmao - Personally I just want hash power - could give 2 shizz if there is a pumpkin on it or a turkey...
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