Topic: http://www.pyramining.com/ - Discussion thread (no advertising here) - page 95. (Read 318060 times)

I guess the delay is with BFL/Avalon. But those aren't expected until at least 6-12 months. At that point, pyramining may be great. But at this point, trying to get people to invest is screwed up. I could spare the couple BTC I had. For others it may have taken them months to mine or paid $200 for.

While the thread is long, it has all the answers you're looking for.

tl;dr-
-Pyramining is currently mining on slower FPGA units
-A large amount of incoming investments have been shifted to ASIC preorders

Ok it may not be a scam but at this point, it takes YEARS just to BREAK EVEN. I admit I made a mistake. But why should we keep pushing new members into it? Because some of you know the only way to make your money back is to recruit others for bonuses.

Well put words!

Nobody with some gray matter can think it is scam. It is a well planed entrepreneurship. In Marketing there is a well known strategy called win-win. I think Pyramining is based in this strategy. The difficult has increased and and Pyramining is doing his best. We need to be patient

Only a few words: do not feed the trolls.

Everyone with at least a little experience on mining is able to understand the dynamics behind. I am trying to give this service at the best of my possibilities, and if you are able to dig (using blockchain.info or blockexplorer.com), you will all see that all rewards are coming from mining and not from other member's funds.

If there is anything you don't like about the service, or if you think that something could be wrong or improoved, I am available to listen and discuss about it. On the other side, posts accusing this to be a "scam" just get ignored, I don't have spare time for that.

Look back through this thread.  I think they list regularly.

where can i find these members?

There are a couple of forum members who may buy your account, depending upon value etc.  They then change the payout address with Pyramining.  May be worth a go if you really need the BTC back.  They will obviously offer less than you put in though.

Pyramining does not hold bitcoin.  They trade it for fiat to buy hardware as soon as it is deposited.

"completion of investment" is when you have been repaid your deposit plus the bonus.

That is done automatically to the address you gave for payments to go to.

-- Smoov

so is not possible to take deposit back before completion of investment?

S.DICE but I don't trust them either

Pyramining isn't buying stocks tho, so, the whole comparison fails.

The terms are available to anyone who wants to read them, before you participate.

By participating, you agree to those terms.

Welcome to real life.

-- Smoov

And where can you purchase dividend stocks with bitcoin?

Of course they owe us something. Does burger king owe owe you a burger at the pickup window when you pay at the cashier window? Of course.

And how is this a good investment when it would take YEARS just to get the PRINCIPAL back? Dividend stocks give you the principal back the SAME DAY.

Are you goying to anwer me too? Been waiting for a while now!

Maybe you can start mining PPcoins instead of Bitcoins now that difficulty for BTC is at all time high?

Waaaaaaaait a minute...so your telling me that there are places I can go, and give them my money, and they make it turn into a fortune overnight? Where the hell is this place cuz sign me the fuck up. Please excuse my language but I am constantly surprised by peoples stupidity when it comes to investing bitcoin. Its the same as cash...you invest...and you wait. Do I purchase a CD from a bank and expect to withdraw an interest check the next month? NO! You have to wait the full 6 months to a year just like everybody else. The difference here...Pyramining is NOT a bank. From what I understand, its a guy, running some computers, trying to make some money to live in this crazy ass little world. Does Pyramining owe any of us anything? FUCK NO! Anybody that deposited any coin into their Pyramining account is doing so on basically a gentleman's handshake of an agreement. I give Pyramining my coin and they give me a return...as it turns out after a very very long time. But Pyramining is hard at work making that time frame smaller...just like they have yet again stepped in and stated a few posts back. I think every page of the last 5 pages in this thread there is at least one post from Pyramining saying things are happening soon...and even giving dates that things should happen. I know everybody has a bad taste in their mouths from BFL and their releasing of hardware back in October (tee hee) but Pyramining is not BFL. Pyramining has gone out of their way to keep us updated and besides that...if you pay attention to the site...accounts ARE getting paid out so anybody saying Pyra is a scam really is just plain stupid.

I dunno...just another rant from an overly positive person who can't stand negativity in my community... Cuz this is a community people...remember that...bitcoins only exist because we say they do. If someone is nice enough to give you more of em...even if it does take a while...isn't the wait worth it? If not then I genuinely hope that you do not have a savings account. Do not invest in stocks. Do not recycle aluminum. Do not buy chocolate from your childs schools fundraiser. Do not put a penny in the penny jar at home. Because these are all the ways that people save/invest their funds on a daily basis and are no more or less of a gamble than Pyramining is. They are all money's being invested in your future...if you aren't ok with the risk...then keep your coins in your fucking wallet and gtfo!

Sorry for the harshness...just one of those mornings...

Jake

Still beats having to trawl sites like bitvisitor nearly every day for easy coins without needing to mine anything yourself. And I would think it'd be naive to invest in something like Pyramining and expect a relatively quick return.