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Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 107. (Read 361391 times)

hero member
Activity: 854
Merit: 510
I guess he is just buying time, he needs to go past 45 days so that PayPal disputes are not honored by PayPal.

Pretty sure it all gone now!!!!

If you paid with a cc through paypal then it's more than 45 days.  The 45 days applies to funds within paypal already or funds added through bank.  If you paid via a cc then you could have anywhere from 6 months to a year (depends on the cc)

No cc payments and paypal wasn't an option.  There was someone that claimed they use paypal with Chris' help.   Just a claim.   
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
I guess he is just buying time, he needs to go past 45 days so that PayPal disputes are not honored by PayPal.

Pretty sure it all gone now!!!!

If you paid with a cc through paypal then it's more than 45 days.  The 45 days applies to funds within paypal already or funds added through bank.  If you paid via a cc then you could have anywhere from 6 months to a year (depends on the cc)
sr. member
Activity: 323
Merit: 250
I guess he is just buying time, he needs to go past 45 days so that PayPal disputes are not honored by PayPal.

Pretty sure it all gone now!!!!
Most orders were fulfilled with BTC, not PayPal.

The only time LTCGear actually took a majority of payments via PayPal was early 2014, when people were placing orders for scrypt FPGAs. IIRC, a small number of people bought shares with PayPal, but they had to contact beekeeper directly. Even then, the volume was much smaller than BTC.
full member
Activity: 252
Merit: 100
I guess he is just buying time, he needs to go past 45 days so that PayPal disputes are not honored by PayPal.

Pretty sure it all gone now!!!!

If somebody pay with paypal, I am sure they already get their money back. So this should not be the reason of that delay and I don't have any logical explanation for this guy as well. But this one just following the same statements given by mtgox so history just repeat, this could be a lesson for all of us
hero member
Activity: 867
Merit: 1000
It's gone, we can't do anything about it. If he comes back then that would be awesome, but we are missing like 5 payments now? GG.
full member
Activity: 196
Merit: 100
Performing payment system upgrade.
Unfortunately, due to unexpected difficulties in processing old database generated by December attacks, the upgrade will be delayed for two days.
New eta ETA is Jan 19.
 

Another timetable missed lol

The eta = current day + 1 script is back  Grin
full member
Activity: 150
Merit: 100
I guess he is just buying time, he needs to go past 45 days so that PayPal disputes are not honored by PayPal.

Pretty sure it all gone now!!!!
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Performing payment system upgrade.
Unfortunately, due to unexpected difficulties in processing old database generated by December attacks, the upgrade will be delayed for two days.
New eta ETA is Jan 19.
 

Another timetable missed lol
full member
Activity: 176
Merit: 100
You lads not written this off yet?

With all the nonsense of people getting police, Interpol, FBI, ISP's etc. involved we're way past any way back for LTCgear...

There have been some extremely poor decision made by some admittedly angry people who in turn have been egged on by those with no other agenda than closing LTCgear down. (You reading this interstellar or is it interstaller - asshole can't even spell his sock puppet account name the same on 2 forums)

The only pity, apart from the poor sods that are 'all in', is we'll never know if it was a ponsi, poor business plan or just a huge hack.
My bet for what it's worth is on the hack causing Chris to make some poor decisions.

If half the energy that went in to bringing LTCgear down went into finding the bastard(s) that hacked the system and ran off with our money instead, it might have been fixed out by now.

The chance of seeing anything back now is extremely slim.
I've lost out but it was only from my crypto play money. Feel really sorry for those that are suffering badly because of this.

Of course I'd be delighted to be proven wrong.  Wink
legendary
Activity: 2020
Merit: 1041
The longer it goes, the more dangerous it becomes for the future of LiteCoin! There's going to be thousands and thousands of LTC dumped within a couple of days if the site ever does payout again. It might not recover from that lol
Are you sure? I think most of those who are not interested in litecoin selected BTC as payout.

Still the same problem maybe since Chris has to exchange LTC to BTC for these people anyway.

Yeah, depends whether he has been selling as he mines or whether he does it all in one go before payouts.

I think that procces would be automated , like the ETA.
hero member
Activity: 574
Merit: 504
The longer it goes, the more dangerous it becomes for the future of LiteCoin! There's going to be thousands and thousands of LTC dumped within a couple of days if the site ever does payout again. It might not recover from that lol
Are you sure? I think most of those who are not interested in litecoin selected BTC as payout.

Still the same problem maybe since Chris has to exchange LTC to BTC for these people anyway.

Yeah, depends whether he has been selling as he mines or whether he does it all in one go before payouts.
legendary
Activity: 924
Merit: 1001
The longer it goes, the more dangerous it becomes for the future of LiteCoin! There's going to be thousands and thousands of LTC dumped within a couple of days if the site ever does payout again. It might not recover from that lol
Are you sure? I think most of those who are not interested in litecoin selected BTC as payout.

Still the same problem maybe since Chris has to exchange LTC to BTC for these people anyway.
legendary
Activity: 1022
Merit: 1004
The longer it goes, the more dangerous it becomes for the future of LiteCoin! There's going to be thousands and thousands of LTC dumped within a couple of days if the site ever does payout again. It might not recover from that lol
Are you sure? I think most of those who are not interested in litecoin selected BTC as payout.
legendary
Activity: 924
Merit: 1001
If the site does come back online and people get paid out I'm afraid some of the people will die from heart attack or shock.  Undecided

Ha yes, I can imagine people doing jumps of happiness. I'm pretty calm, but if it came online I might do a little airpunch  Grin

The longer it goes, the more dangerous it becomes for the future of LiteCoin! There's going to be thousands and thousands of LTC dumped within a couple of days if the site ever does payout again. It might not recover from that lol

It'll be fine, but there will be a bumpy week (I bet the payments, if they come back, might even be staggered to stop this). If I were a major player in Litecoin I'd be pretty pissed about it all though.
hero member
Activity: 574
Merit: 504
If the site does come back online and people get paid out I'm afraid some of the people will die from heart attack or shock.  Undecided

Ha yes, I can imagine people doing jumps of happiness. I'm pretty calm, but if it came online I might do a little airpunch  Grin

The longer it goes, the more dangerous it becomes for the future of LiteCoin! There's going to be thousands and thousands of LTC dumped within a couple of days if the site ever does payout again. It might not recover from that lol
legendary
Activity: 924
Merit: 1001
If the site does come back online and people get paid out I'm afraid some of the people will die from heart attack or shock.  Undecided

Ha yes, I can imagine people doing jumps of happiness. I'm pretty calm, but if it came online I might do a little airpunch  Grin
legendary
Activity: 1246
Merit: 1024
If the site does come back online and people get paid out I'm afraid some of the people will die from heart attack or shock.  Undecided
legendary
Activity: 1064
Merit: 1000
Yeah I think it's at the point where we are all moving out of the denial state.

Does that mean you're entering the anger state?

I should be, but to be honest just feeling passive about it all.

some parts of me was hoping ltcgear just shutdown the website instead of keep on giving some deem ray of hope like this which is most likely wont happen

Well if it is a scam then it could be a way to buy time. Impossible to tell of course.
[/quote

it could be, saw another thread where some desperate guy doxxed him and got some of his profile, perhaps he is buying some time to run away lol
legendary
Activity: 924
Merit: 1001
Yeah I think it's at the point where we are all moving out of the denial state.

Does that mean you're entering the anger state?

I should be, but to be honest just feeling passive about it all.

some parts of me was hoping ltcgear just shutdown the website instead of keep on giving some deem ray of hope like this which is most likely wont happen

Well if it is a scam then it could be a way to buy time. Impossible to tell of course.
legendary
Activity: 1064
Merit: 1000
Yeah I think it's at the point where we are all moving out of the denial state.

Does that mean you're entering the anger state?

I should be, but to be honest just feeling passive about it all.

some parts of me was hoping ltcgear just shutdown the website instead of keep on giving some deem ray of hope like this which is most likely wont happen
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