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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 14. (Read 318060 times)

hero member
Activity: 798
Merit: 1000
Ok, thanks for your opinion Sqeak, interesting perspective.

Hopefully we get some more opinions in here (and ones that aren't so hell bent on being holier than thou preachy dicks).

Agree with me on this or not, I don't care but I would like some more ideas from others on how we can get things moving in the right direction again.  

legendary
Activity: 1498
Merit: 1000
Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.
Your opinion is worthless (along with your spelling and grammar).
His opinion is 100% right on the money... and your response resorting to insults and petty nitpicking, instantly forfeits your own position as without merit or substance.

=squeak=


Trolls will troll... just ignore him, he clearly knows I am right hence why he has to insult.

I am still making money off pyraming Tongue
Hopefully not for long Smiley
Keep dreaming... that is never going to happen...



Looks,  it's no surprise that those in profit don't want to see this happen, of course they don't, I get that.   That said, it's clear that the current system isn't working at all, and we need to start getting creative.   The majority of people here are never ever going to even get close to breaking even, let alone a profit.  It just seems the nice thing to do for those who are way ahead to step back a bit, but that's obviously naive of me.

Tell wall street to return you money when you make a bad trade, tell the supermarket to reimburse you for your milk when the prices go down... I made money get over it, I did the research and figured out an optimal deposit amount, why should I not profit?

I just signed up to a site, and made money, what does that have to do with being nice or anything?
sr. member
Activity: 450
Merit: 250
Looks,  it's no surprise that those in profit don't want to see this happen, of course they don't, I get that.   That said, it's clear that the current system isn't working at all, and we need to start getting creative.   The majority of people here are never ever going to even get close to breaking even, let alone a profit.  It just seems the nice thing to do for those who are way ahead to step back a bit, but that's obviously naive of me.
Yes, it is naive of you.

You're not asking those who have reached 100% to be nice and step back.

You're asking them to be forcibly shoved out of the way, when they have every right to continue making the return that they earned.

I'm not a large investor at all, and only a few of my scattered deposits have fully completed, with a couple dozen still in various stages of completeness...

If all you're looking at is BTC, then no, I haven't broken even yet, but I'm not looking at that.

When I invested, I counted what I gave them as the value BTC was when it was given, since that is what Pyra cashed it out at to buy hardware (give or take a few percentage points), and when I look at the real value of my returns right now, I more than made my money back and then some, and I will continue to get more income still as more of my deposits completed.

My BTC balances from deposit to return is still behind, but the real-world value of what I have earned and continue to earn, I'm happy with.

This is what I signed up for, and I'm not getting out of anyone's way just because they are getting cold feet and can't see the real value of what they have.

If you can't wait anymore, you already have a mechanism available for you to avail yourself of. Cash out.

Otherwise, you should have known what you were getting into before you invested, and if you didn't, that isn't anyone else's fault but your own, and you don't get to shove other people out of your way for your own shortsightedness.

=squeak=
hero member
Activity: 798
Merit: 1000
I am still making money off pyraming Tongue
Hopefully not for long Smiley
Keep dreaming... that is never going to happen...



Look,  it's no surprise that those in profit don't want to see this happen, of course they don't, I get that.   That said, it's clear that the current system isn't working at all, and we need to start getting creative.   The majority of people here are never ever going to even get close to breaking even, let alone a profit.  It just seems the nice thing to do for those who are way ahead to step back a bit, but that's obviously naive of me.



sr. member
Activity: 450
Merit: 250
I am still making money off pyraming Tongue
Hopefully not for long Smiley
Keep dreaming... that is never going to happen...

Pyra has already addressed the issue of old incomplete deposits with the addition of a system to allocate the unallocated hashpower to the oldest 10 incomplete deposits at any given time.

Some disagreed with it, with some equally valid reasons for their disagreement, as were the reasons for going forward with that system, had validity to it also.

Sure we had some children throwing a tantrum, same as we do now.

The tantrum throwers, just need spankings. Time-outs are for sissies.

=squeak=
hero member
Activity: 798
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

It makes perfect sense if you're not a greedy, self serving shit.

Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.

Your opinion is worthless (along with your spelling and grammar).  

I am still making money off pyraming Tongue

Hopefully not for long Smiley
sr. member
Activity: 450
Merit: 250
Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.
Your opinion is worthless (along with your spelling and grammar).
His opinion is 100% right on the money... and your response resorting to insults and petty nitpicking, instantly forfeits your own position as without merit or substance.

=squeak=
legendary
Activity: 1498
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

It makes perfect sense if you're not a greedy, self serving shit.

Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.

Your opinion is worthless (along with your spelling and grammar).   

I am still making money off pyraming Tongue
hero member
Activity: 798
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

It makes perfect sense if you're not a greedy, self serving shit.

Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.

Your opinion is worthless (along with your spelling and grammar).  
legendary
Activity: 1498
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

No I am all for keeping the terms, that I signed up and agreed to on the site. You guys are the politicians something isn't going your way, you want to bend the rules and make it work for you.

Thats a giant load of BULLSHIT and you know it. I am a round 1 asic investor and am nowhere seeing a profit, while those that were in at the beginning with fpga have seen plenty of profit and then some. The early investors got bonused with 2 rounds of asic while those of us in round 1 have seen very little. You don't want your money faucet turned off even if for just a short while so that others who weren't fpga investors or don't have a ton of referrals can see some of their money back.

I too would have been fine with him leaving things as they were, extrapolating out we would have seen our individual hashrate begin to grow as deposits/accounts were cleared out. BUT he made this change so here we are. The whole point of the design of pyramining seems to be to share the earnings with the group rather than an everyman for himself setup. But here you are arguing against the share the wealth when it doesn't suit you, but I would bet if the shoe was on the other foot you would be requesting exactly what we are, either split the extra hashrate with 100+ deposits, everyone, OR pause the older deposits that have seen a major fiat return. Considering that deposits got smaller as btc rose, it won't take as long to clear out the deposits that haven't profited at all and then your cashflow can be turned back on.

Who did get back his inital investment with this?

I did, and no I will not disclose the amount.

Then what is your malfunction. If you received at a minimum 100% return and you deposited when btc was sub 100$ you made at a minimum a 600% fiat based ROI, and you still have the remaining 10% along with anything left from referrals. Act like an actual human and let those of us that have only received 1% or so of our deposits see some return.

Mommy can't save you, welcome to life, cause I was invest the second day this was open then I should be punished. Yeah ok... Let me also give back all my bitcoin profits to everyone in fiat.
legendary
Activity: 1498
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

It makes perfect sense if you're not a greedy, self serving shit.

Because I agreed to a TOS and now that I happened to make money due to the fact I understand bitcoin and how mining actually works, I should be punished and that is self serving? Care to explain?

I guess you are the same person that would ask an exchange to give back your bitcoins after a bad trade, guess what this is life, welcome to it. I am a whale and you are guppy and I just shallowed you whole. Deal with it!

I hate 12yrs that don't understand anything about how the world works, your mommy can't save you.
sr. member
Activity: 450
Merit: 250
Jeez, it is kinda like nobody knew diff was going to keep rising, while the reward will keep falling...

not like this hasn't been common info all along...

keep to the terms we agreed to when we signed up. let the whiners whine.

=squeak=
hero member
Activity: 798
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

EDIT:  Redacted, too harsh (only just Cheesy).
legendary
Activity: 994
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

No I am all for keeping the terms, that I signed up and agreed to on the site. You guys are the politicians something isn't going your way, you want to bend the rules and make it work for you.

Thats a giant load of BULLSHIT and you know it. I am a round 1 asic investor and am nowhere seeing a profit, while those that were in at the beginning with fpga have seen plenty of profit and then some. The early investors got bonused with 2 rounds of asic while those of us in round 1 have seen very little. You don't want your money faucet turned off even if for just a short while so that others who weren't fpga investors or don't have a ton of referrals can see some of their money back.

I too would have been fine with him leaving things as they were, extrapolating out we would have seen our individual hashrate begin to grow as deposits/accounts were cleared out. BUT he made this change so here we are. The whole point of the design of pyramining seems to be to share the earnings with the group rather than an everyman for himself setup. But here you are arguing against the share the wealth when it doesn't suit you, but I would bet if the shoe was on the other foot you would be requesting exactly what we are, either split the extra hashrate with 100+ deposits, everyone, OR pause the older deposits that have seen a major fiat return. Considering that deposits got smaller as btc rose, it won't take as long to clear out the deposits that haven't profited at all and then your cashflow can be turned back on.

Who did get back his inital investment with this?

I did, and no I will not disclose the amount.

Then what is your malfunction. If you received at a minimum 100% return and you deposited when btc was sub 100$ you made at a minimum a 600% fiat based ROI, and you still have the remaining 10% along with anything left from referrals. Act like an actual human and let those of us that have only received 1% or so of our deposits see some return.
legendary
Activity: 1498
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

No I am all for keeping the terms, that I signed up and agreed to on the site. You guys are the politicians something isn't going your way, you want to bend the rules and make it work for you.
legendary
Activity: 994
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...

So your all for the socialized aspect of this endeavour when it helps you? But when its time for someone else to profit just a little its a giant hell no?
You remind me of the politicians who say we need to get rid of medicare/medicaid/etc, then they take advantage of it for their parents or themselves even though they are already millionaires who can afford healthcare.

Notice they said pause? Not stop. I am all for it as well, we could even be "generous" and say if you have made 200% profit fiat based then your payouts are paused until the rest of the older deposits catch up, once that happens we reenable everyones payouts until they get their promised 110%btc
legendary
Activity: 1498
Merit: 1000
Who did get back his inital investment with this?

There are actually 3755 deposits "completed" (it means they received the deposited amount + bonus), on ~11000 total deposits.

Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

What? This makes no sense... people in profit need to be punished for the laws of bitcoin...
legendary
Activity: 994
Merit: 1000
Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

It would be worse, because those accounts are still depositing/investing, helping everyone.

It could still be done, you could assign all accounts a temporary % profit in USD based on their original deposit dates. If someone makes a fresh a deposit after the latest change, that would not be affected by it. Same as new deposits currently do not affect older deposits currently. When all older deposits have made a fiat profit, then you can resume knocking them out 10 at a time, or just split all extra hashing power amongst everyone like before the change.

I also sent you a pm a few months ago about a large # of deposits across several accounts currently being assigned 0.0hs.
hero member
Activity: 798
Merit: 1000
Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

It would be worse, because those accounts are still depositing/investing, helping everyone.

How so?  Wouldn't it free up hashpower for everyone else?

Do you mean they've deposited even more since hitting profit?  If that's the case, I'd imagine it's only a small portion who actually redeposit, certainly nowhere near everyone.
hero member
Activity: 501
Merit: 500
Pyra, how about pausing any accounts that are currently in profit (anything over their initial investment) so the rest of us have a chance.

It would be worse, because those accounts are still depositing/investing, helping everyone.
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