Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 83. (Read 318060 times)
June 15, 2013, 07:14:28 AM
You cannot compare 2 totally different concepts.
June 15, 2013, 07:06:22 AM
check e.g. what https://ltc-wallet.com/ is doing
"You can cancel your investments and take the coins back at any time. In this case a 3% fee is applied to the amount you invested, and no interest is paid."
this is a great idea, that way pyramining should have done.....
in that case, pyramining is based on investment on asic and not deposit only, however increasing the fee an user should be able to exit before completion.....
"You can cancel your investments and take the coins back at any time. In this case a 3% fee is applied to the amount you invested, and no interest is paid."
this is a great idea, that way pyramining should have done.....
in that case, pyramining is based on investment on asic and not deposit only, however increasing the fee an user should be able to exit before completion.....
June 15, 2013, 06:05:56 AM
I've got a question...Most people on here say they trust Pyramining and the man running it. I said that too in a recent post.
But why? Do we have any reason to trust them?
It seems like it could have been just another scheme to get people to give away their money. Yes, I know people are still receiving back 0.1 BTC once in a while, but that's nothing compared to what is invested. Why are we saying we trust them?
But why? Do we have any reason to trust them?
It seems like it could have been just another scheme to get people to give away their money. Yes, I know people are still receiving back 0.1 BTC once in a while, but that's nothing compared to what is invested. Why are we saying we trust them?
June 15, 2013, 04:14:16 AM
Search and maybe guess but there's no record of anything. At least you will still get payment some day.
Any way to get access back to account if lost deposit address ?
June 10, 2013, 11:52:10 AM
but a time range of launching the ASICS what be fine but there is nothing acutally.. I didnt invest in the ASICS so far only in the normal hashing devices.
What you guys guess will be the launch time of the ASICS?
btw. i have learned from mistakes,,i hope :O
What you guys guess will be the launch time of the ASICS?
btw. i have learned from mistakes,,i hope :O
See you never worked with hardware, hardware is one of the hardest ventures in computers, things go wrong, things happen you can't control, bad designs. Giving a time line right now would be the worst thing it would keep getting delayed. This would cause people to go, ohhh no it is a scam, just like BFL.
June 14, 2013, 07:29:27 PM
Any way to get access back to account if lost deposit address ?
June 14, 2013, 02:15:23 PM
Yes fuck you and your privacy
ahahaha i would not be so explicit but the meaning is the same ahahaha
June 14, 2013, 01:07:06 PM
Yes fuck you and your privacy
June 09, 2013, 02:34:31 PM
@Pyramining please refund my invested amount because now there is something extremely wrong!
I think you have learnt a valuable lesson, think before you invest.
He isn't going to learn anything cause once pyramining puts up the ASICs he is going to be making money hand over fist.
June 14, 2013, 01:05:57 PM
I don't know when his last comment on this forum was, but i got a PM from him in april when I had asked for an update:
I'm working with prototypes, chips are fine, I'm still having some issues with PCBs... as soon as I have more updates I will announce them publicly.
Greetings.
Just letting you know.Greetings.
Thank you. However you shouldn't publish PMs, they are called private messages for some reason.
Pyramining publish some photos of the prototypes...
please don't begin talking about privacy in this situation..... in situation like these privacy passes in second floor. first is the tranquility of the users that are in troubles for no replies from months for their investment.....
June 14, 2013, 08:01:39 AM
I don't know when his last comment on this forum was, but i got a PM from him in april when I had asked for an update:
I'm working with prototypes, chips are fine, I'm still having some issues with PCBs... as soon as I have more updates I will announce them publicly.
Greetings.
Just letting you know.Greetings.
Thank you. However you shouldn't publish PMs, they are called private messages for some reason.
Pyramining publish some photos of the prototypes...
June 09, 2013, 02:20:04 PM
I received a payment from Pyramining today...thank you.
You don't need to thank me, it's just normal.
I hope Pyramining is not dependent on [edit: put your favorite vendor here] with their Asics... don't want to loose all my coins
Nobody will lose their coins. Should something go extremely wrong (extremely unlikely), coins will be sent back. I'm financially solid.
ok, pyramining please send back. i gave you a credit for 4 month with my pre-investing in the asics.
its not funny anymore
@Pyramining please refund my invested amount because now there is something extremely wrong!
Newbie investors, just cause you have bitcoins to throw around doesn't mean you should. Did you even research mining and pyramining and just how difficult building an asic is before sending bitcoins. If you both answered no, well you failed as investors. I doubt they return your money cause you oboviously didn't even read the TOS BEFORE SENDING YOUR MONEY.
Stupid newbies, at least pyramining isn't a scam, and could pay off bigger than ASIC miner once they get some ASIC hardware, but yeah.
June 13, 2013, 04:33:57 AM
I don't know when his last comment on this forum was, but i got a PM from him in april when I had asked for an update:
I'm working with prototypes, chips are fine, I'm still having some issues with PCBs... as soon as I have more updates I will announce them publicly.
Greetings.
Just letting you know. Greetings.
June 09, 2013, 02:16:59 PM
You don't get it, building an ASIC takes a lot of time and you really can't report trade secrets so yeah.
So yeah, you don't want to get my point. Did I say I wanted to hear in detail what he does? Did I say I wanted to hear what methods he uses, whether they are secret or not? Just some signs of life.You're right, I completely agree. A quick couple of lines progress report each week would go a long long way.
Spot on. As investors, we have a right to see some timelines.
Hardware is the most difficult venture, even if you had a timeline, I bet they miss or even up pushing back most dates. It wouldn't really help.
June 11, 2013, 09:13:11 AM
why attract more investors if you cannot handle the amount of investors right now?
The right way to do this would have been to close the thing up and dont accept new accounts and investments, instead of making the situation the more worse for everyone.
(more investors = less hasing power for everyone)
I know that this was part of his strategy but he messed up with that, he should have made a mininmum hashing power for every investor and if the hashing power gets lower, automaticly close investments temporarly.
but thats just my 5 satoshis.
regards
Totally this. The way he made it he just caused the people to want to lynch him, because he doesn't give any updates. The last update he did he said something along the lines of: Stop bitching about updates, ASICs won't develop any faster because of that. And he's right, but having this huge delay in the development and letting people continue to sign up is just stupid. I want to think it's not a scam, and it's probably not, but I would like some pictures, or something, I don't know, just so we know this is real.The right way to do this would have been to close the thing up and dont accept new accounts and investments, instead of making the situation the more worse for everyone.
(more investors = less hasing power for everyone)
I know that this was part of his strategy but he messed up with that, he should have made a mininmum hashing power for every investor and if the hashing power gets lower, automaticly close investments temporarly.
but thats just my 5 satoshis.
regards
Disclaimer: I sold a payout address for a FPGA account for about half of the face value, but still have some btc tied to ASIC.
June 11, 2013, 08:58:19 AM
why attract more investors if you cannot handle the amount of investors right now?
The right way to do this would have been to close the thing up and dont accept new accounts and investments, instead of making the situation the more worse for everyone.
(more investors = less hasing power for everyone)
I know that this was part of his strategy but he messed up with that, he should have made a mininmum hashing power for every investor and if the hashing power gets lower, automaticly close investments temporarly.
but thats just my 5 satoshis.
regards
The right way to do this would have been to close the thing up and dont accept new accounts and investments, instead of making the situation the more worse for everyone.
(more investors = less hasing power for everyone)
I know that this was part of his strategy but he messed up with that, he should have made a mininmum hashing power for every investor and if the hashing power gets lower, automaticly close investments temporarly.
but thats just my 5 satoshis.
regards
June 11, 2013, 07:52:52 AM
however, let's wait to asic implementation....
at least in these cases the most important thing is not to lose the investment......
That is of course very true. I'm not too impatient, I've been waiting since October last year, when I deposited for ASIC. And I'm honestly willing to wait a lot longer, I understand designing hardware is a continuous process of problem solving.at least in these cases the most important thing is not to lose the investment......
But there has hardly been any comments by Pyramining since then. No Pyramining showing they are busy. Now there's no telling if he is on a years holiday in Hawaii or really working on it. A bit more involvement of invesors would strengthen trust and may even attrackt more investors.
I approve to that.
June 11, 2013, 05:52:44 AM
however, let's wait to asic implementation....
at least in these cases the most important thing is not to lose the investment......
That is of course very true. I'm not too impatient, I've been waiting since October last year, when I deposited for ASIC. And I'm honestly willing to wait a lot longer, I understand designing hardware is a continuous process of problem solving.at least in these cases the most important thing is not to lose the investment......
But there has hardly been any comments by Pyramining since then. No Pyramining showing they are busy. Now there's no telling if he is on a years holiday in Hawaii or really working on it. A bit more involvement of invesors would strengthen trust and may even attrackt more investors.
June 11, 2013, 05:37:26 AM
however, let's wait to asic implementation....
at least in these cases the most important thing is not to lose the investment......
at least in these cases the most important thing is not to lose the investment......
June 11, 2013, 04:08:33 AM
Did you even research mining and pyramining and just how difficult building an asic is before sending bitcoins. If you both answered no, well you failed as investors. I doubt they return your money cause you oboviously didn't even read the TOS BEFORE SENDING YOUR MONEY.
Stupid newbies, at least pyramining isn't a scam, and could pay off bigger than ASIC miner once they get some ASIC hardware, but yeah.
Stupid newbies, at least pyramining isn't a scam, and could pay off bigger than ASIC miner once they get some ASIC hardware, but yeah.
See people like you just throw your money and do a follow the leader type investment. Instead of researching and seeing how much time it takes to develop asics and actually run a mining operation. Then you would know that instead of updating the community he is working hard.
You don't get it, building an ASIC takes a lot of time and you really can't report trade secrets so yeah.
Obvious you don't understand how business works.
See you never worked with hardware, hardware is one of the hardest ventures in computers, things go wrong, things happen you can't control, bad designs. Giving a time line right now would be the worst thing it would keep getting delayed. This would cause people to go, ohhh no it is a scam, just like BFL.
Your explanation is helpful and I trust that you have experience with hardware and business yourself to make these statements. It is, however, rude and of a trolling nature that you keep pointing at other peoples incompetences. I would suggest that you accept that not everyone does now everyting about the things you know a lot about. Please keep explaining how things work, that's helpful. The constant patronizing is however not helpful in any way.You will probably say now that everyone who has invested in pyramining should have all this knowledge. This may be true, but the fact is that this just isn't the case. It's probably better to accept that.
Jump to: