Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 15. (Read 361385 times)

This points, at least in my opinion, that he's at least doing something, something tangible that actually might look as shipping off stuff. The point is he's probably banging away with them until shipmentdate to make the most out of them. If he's going to ship them.

This new update is quite significant. The designs may be just renders but this would be the most elaborate and ill thought out scam ever - should it prove to be one.

Top. And Bottom.

Any specific thread to monitor for updates on "motivational" movements?

There is a lot of productive things being done to skin the bee and nail its hide to the shed.   You are just out of touch. 

It's on the website, frontpage, of LTCGear at this point.

is that a LTCgear board?

PS: Yes, it´s for 1 Unit

And links to a shot from the top and the bottom.

Wow this thread is still being bumped?

LTCGear was pure ponzi. Period.

I'd guess 1. I've got 0.80020000 BTC for 1 unit.

Not sure why he's using people traveling in 1st class to ship these...

How many machines would that have to be for?

To pay shipping please send 0.46180000 BTC to Bitcoin address...


Thats a lot shipping! I hope it´s not a way to suck more BTC out of the people....

What the hell! WTB LTCGear accounts. Please PM me with offers. Curious what is out there now. Thanks!

Everyone has a different opinion, and circumstance of risk/reward in this case.  I bought accounts for one, and would I make some BTC back if I sold them now? Sure, but for me I don't really care or need just a couple bitcoin so I hold my accounts for 1. Participation in the legal case, and 2. The chance this all comes to some resolution either because of the legal pressure, or because in the end he plans to send hardware, or some form of payments.

There is no right, or wrong way to handle this odd case.  Just because people hold on to accounts doesn't mean their thinking is flawed, hell some already reached ROI, and making a few pennies on the dollar isn't worth it to them to sell now. Some wrote off losses on taxes.

PS. Flep182 I know your example of 60 BTC owed and selling value of 3 BTC is just thrown out there numbers, but an account worth 3 BTC is most likely owed around 200 BTC.  You stand a small chance, but much higher return if you pursue legal action, or even just a fraction of what is owed. Some like that risk.

I also think the people that are still sitting around saying others need to sell their accounts are just hoping he never pays out becuase they dropped their accounts already.  Wouldn't it be better to just sell, and move on never revisiting threads JUST to see who still waits around, or if anything new developed? (this isn't directed at one particular person)

This brings us to a basic flaw in human brains. And I'm risking going waaaay off-topic here; the human brain is not capable of factually seeing risk/reward when there's emotions involved. In this case emotions about money. Considering someone is expected to receive 60 BTC from missed mining income (nothing has been said about that although it's been the number 1 burning question for months) with a 1% chance of happening or getting 3 BTC for the account NOW with a 99% chance of the project going down anyway and not paying out, the smart way would be to sell right away. But then the brain kicks in. Same as why people still buy lottery tickets, I don't get that. At best you'll lose 35% of your investment. But it's this very small chance of getting lucky to get the big prize that keeps people doing it. This is a nice one on that: https://www.youtube.com/watch?v=9PK-netuhHA

It seems there are more people that actually think of getting their money still . Judging from the number of people that still hold on their account without wanting to sell for loss and also some people that still dream off getting those "magical hardware".

Pretty much common sense IMO why would you keep something that is 98 % sure that you wont get anything back rather than selling it for few percentage for loss and recoup some of it back ( for me it is pretty much better than waiting hopelessly though ). Some may seems lenient about this hardware however it seems most people are still hoping that they will get it

It's pretty clear 90% of the people will never even remotely think they'll get money out of it.

On the other hand, it's just like a very bad movie, you keep watching since OMG this is bad. Captain America movies for example

Irony isnt it that people cant step away from this but still hoping that miracle will turns out someday. For entertainment purposes, I would say that this is pretty much needed as I am obviously enjoying seeing people that still believe that Chris will deliver the "magical hardware". Besides bumping the thread poses no threat anyway 

For the record this is now middle of August and still 4.5 half months to go before we head to December ( the month where all of this started ). It has been months since the promised "magical hardware" and until today there is no sign of that hardware actually exist ( no picture no whatsoever just words ). No complaint whatsoever from those who has paid the fee it seems so I would assume that the weekly payout is still ongoing but the real question would be how long will Chris be able to afford keep paying this because it seems this ponzi cloudmining is pretty much dead by now

People, u need to understand it s been over months ago. Pls stop bumping this thread and go do something more productive.

Probably the usual up and down thing.