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Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 84. (Read 318060 times)

hero member
Activity: 709
Merit: 500
Gridcoin Foundation
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
member
Activity: 80
Merit: 10



 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.


+10. Many people wants to do quick and easy money (bitcoins in this case) without even thinking. Piramining is not quick money, and that makes me feel very comfortable and trust he is really working;  quick and easy money is always scam.
legendary
Activity: 1498
Merit: 1000
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.

well then you shouldn't have invested. But how is he going to report, that he is making chips using X size disc and instead of Y size disc that is a trade secret. Obvious you don't understand how business works.
staff
Activity: 3304
Merit: 4115
@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.
hero member
Activity: 709
Merit: 500
Gridcoin Foundation
@Pyramining    please refund my invested amount because  now there is something extremely wrong!
legendary
Activity: 1498
Merit: 1000
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.
How much time does it take to type two sentences every week?

It's a lot of work and he is busy, that's OK. I'm not asking for detailed reports. Just a weekly update on the website: "I've done this and that, it's not working yet, going to do this and that now, I'll keep you posted". It seems normal to me to inform your investors just a bit.

You don't get it, building an ASIC takes a lot of time and you really can't report trade secrets so yeah.
sr. member
Activity: 251
Merit: 250
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
hero member
Activity: 639
Merit: 500
Pyramining looks like Moses, who led the Jews in the desert. He is almost cult person, and no one can be sure that he will ever see the Promised Land (Bitcoins). This looks like a joke, but this is not very funny.
legendary
Activity: 1498
Merit: 1000
why not to be patient to see ASIC working?
I'm willing to be patient if the guy gives us some regular status updates. It's been months waiting with the occasional "I'm very busy". That's not enough for people who have invested their own money, sometimes decent amounts of it, in his plans.
News updates, weekly at the least.

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.
legendary
Activity: 2128
Merit: 1002
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.
hero member
Activity: 606
Merit: 500
Lets say Pyra does allow early withdraw,


how? so knowing this  , a person can decide what to do with cold mind.


and also the updates once a week only to hear "i'm working on" instead of having no updates and replies for months... it's al la psicological thread...

these things  are useful for a person who invested in.

also last drop of bitcoins, i think it's all psicological threads like normal exchanges.
panic sells and these things.


but having possibilities to exit , it's better than not having. maybe i will remain in however, but more quiet!!!
full member
Activity: 237
Merit: 100
I rave ... whats your excuse?!?
So...as a fan of Pyramining I have a concern about the people wanting to withdraw early... Lets say Pyra does allow early withdraw, however steep the terms may end up being, with more and more accounts not having hashing power taken up by their deposits...that means that those that remain 'in' would potentially gain a little bit more hashing power for their deposits...? Stay the same...? Lose power...? What would happen?

Been awhile since any official update I understand so speculation from the crowd will suffice for now Wink
hero member
Activity: 798
Merit: 1000
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.
member
Activity: 95
Merit: 10
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.
member
Activity: 95
Merit: 10
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.
How much time does it take to type two sentences every week?

It's a lot of work and he is busy, that's OK. I'm not asking for detailed reports. Just a weekly update on the website: "I've done this and that, it's not working yet, going to do this and that now, I'll keep you posted". It seems normal to me to inform your investors just a bit.
member
Activity: 95
Merit: 10
why not to be patient to see ASIC working?
I'm willing to be patient if the guy gives us some regular status updates. It's been months waiting with the occasional "I'm very busy". That's not enough for people who have invested their own money, sometimes decent amounts of it, in his plans. If you have stocks you get reports from the company, if I continue your comparison.
News updates, weekly at the least.
member
Activity: 80
Merit: 10




PS. I'm sure that Pyramining owner is a honest man, and that this situation was relatively unpredictable.


Surely he is a honest man, he told me he was going to give me a solution for my Instawallet payout adress, and he has done so.

Where are the hardcore supporters now?

Bitpop, you are always trolling (I think this is the expresion to say what I am meaning) Really bitcoins are like playing the stock market, you can win or loose.  If you disagree with Pyramining, just stay out and think you have lost your bitcoins in the stock market. If you invested in Pyramining without thinking about the risks..... then you know nothing about business, so don´t talk about it and avoid  trying to make others panic. Others are thinking about getting back their bitcoins. When you first invested in Pyramining.....why did you invest? When I first invest there was more than 1 year to see returns, so.....for 1 YEAR I can touch none of those bitcoins and I Know that. If I was going to be patient for that, why not to be patient to see ASIC working? I have some more month to become unpatient, if you undestand what I mean Smiley
hero member
Activity: 606
Merit: 500
so for me the situation is that my 1 btc invested in old structure is almost lost even if the structure will be updated (4x around, where it is written NEW INFRASTRUCTURE)

but 2,14 invested in asic maybe will be back, if asic will be implemented asap, of course.

i would have reply from pyramining owner......
legendary
Activity: 2128
Merit: 1002
I wouldnt mind forfeiting 10% of my investment if it meant that I could get back the rest.
With the difficulty rising as it is, there is almost no chance that I will ever see my btc again

I wish I could cash out now. I've got a few Bitcoin projects to fund in Asia now.
full member
Activity: 196
Merit: 100
I wouldnt mind forfeiting 10% of my investment if it meant that I could get back the rest.
With the difficulty rising as it is, there is almost no chance that I will ever see my btc again
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