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Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 19. (Read 361385 times)

legendary
Activity: 1022
Merit: 1001
Wow, this just gets crazier and crazier. I have not checked the threads for a few months and now there is a 17BTC maintenance fee on my account. I have less than 3k shares left on this account and 460 2nd gen shares. Is the maintenance fee on 2nd gen shares as well? Are 2nd gen shares even online?

I got a 55BTC fee applied on my 3200 qAsic shares so yea looks like you got the fee applied to your 2nd Gen's too making this a definite scam.

Most of my qAsics werent purchased until late last year and Ive probably only recouped $5k of my $10k investment and now he wants 55BTC in fees which is a joke, as the fee is supposed to be for 12 months (with the next fee becoming due this December) & I havent even been paid me for the last 7 months of the current 12 mth period. Course, I wont be giving him another cent of my money.
legendary
Activity: 1456
Merit: 1000
Wow, this just gets crazier and crazier. I have not checked the threads for a few months and now there is a 17BTC maintenance fee on my account. I have less than 3k shares left on this account and 460 2nd gen shares. Is the maintenance fee on 2nd gen shares as well? Are 2nd gen shares even online?
hero member
Activity: 910
Merit: 1002
little update, the balances for people who payed the got updated, with the weekly payment.

Pure speculation.

The truth is different

Quote
Balance will be update Saturday and payments will be sent with 48 hours delay during tests.
legendary
Activity: 1456
Merit: 1014
little update, the balances for people who payed the got updated, with the weekly payment.
legendary
Activity: 1456
Merit: 1014
the same old story: delays due to exploits etc  Cheesy

yep and the weekly mining for those who paid the fee's are also delayed again ;(
hero member
Activity: 812
Merit: 1000
the same old story: delays due to exploits etc  Cheesy
legendary
Activity: 1316
Merit: 1014
ex uno plures
Its amazing that people not gone berserk at this guy, as much as most of the guys here did at xpycoin... 
Most of us get scammed and hardly react, and amazing still believe and hope to get any pay even though the reality shows you get nothing besides having to pay again

Stockholm Syndrome
legendary
Activity: 2562
Merit: 1414
we will see, i think we will see some movement soon, not like the people hope, but at least we will get some more facts.

We will see some movement which is just another delay with XYZ excuses and this thing will continue until December 2015. Exactly a year after this whole thing started

Selling at a loss means the guy who gets it can make profit because they buy at 2/1000 the price i paid... i had a few offers but those are to say the least not even worth bothering for.

People will only make profit from your shares if they decided to pay the fee otherwise no. The fee alone will get you few weeks before you reach your ROI. It is not likely the hardware is even real to begin with and even if it is real then again there is no set point yet of what kind of ASIC it is and when will you receive it

Most of us get scammed and hardly react, and amazing still believe and hope to get any pay even though the reality shows you get nothing besides having to pay again

Affection is the answer for this. Long before this whole thing started, Chris is a "good" guy in litecointalk and most people there defended him even after this whole thing started. Even some mods there keep on defending him ( you probably know which one ). Reality is indeed hard but then again it seems the number of people who actually lost in this "cloudmining" is less than those who have already got their profit assuming you start getting in at the anniversary crazy discount
member
Activity: 77
Merit: 10
I haven't written the letter I will hand to the Police yet Sad

If anyone has written this can you please send me by message or link, I will just print it and hand it over.
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
This ongoing disaster means if you bought the so called new shares you got double screwed by yet another scam master.
Selling at a loss means the guy who gets it can make profit because they buy at 2/1000 the price i paid... i had a few offers but those are to say the least not even worth bothering for.
I never have received any pay from the shares i got ever. So no matter what insane construction this guy makes its allways gonna be a loss.
Its amazing that people not gone berserk at this guy, as much as most of the guys here did at xpycoin... 
Most of us get scammed and hardly react, and amazing still believe and hope to get any pay even though the reality shows you get nothing besides having to pay again
legendary
Activity: 1456
Merit: 1014
few more weeks of delays! we are going to get to 2016 with nothing in our hands Shocked

we will see, i think we will see some movement soon, not like the people hope, but at least we will get some more facts.
hero member
Activity: 812
Merit: 1000
few more weeks of delays! we are going to get to 2016 with nothing in our hands Shocked
legendary
Activity: 1456
Merit: 1014
Upadte on Ltcgear.com:


Announcement

The requests for opt2 are now processed, further instructions will become available via My Account page. The answers for Q&A are not ready yet, most likely part of answers will be sent for publishing during or right after the weekend. Taking this in account, opt2 is not yet disabled and requests for conversion will be added to the processing list.

As you may have noticed, altcoins (not BTC) are disabled, and there is an extra delay in processing balance updates and payments, due to an exploit of a certain condition involving multiple coins. A fix was applied and system is retested.
legendary
Activity: 2562
Merit: 1414
I'm going to hang in here till I get the hardware, then throw the damn thing in the trash, unless i can sell it somehow...

Not really expecting the hardware to be real either though, sigh....

I find this kinda funny, if you are not expecting the hardware to be real then why are you waiting for it anyway ? there is still another left out option which is to sell it for a loss amount however that atleast should be a consolation of what you spent rather than waiting indefinitely with the hardware that you dont even expect .

P.S : is there any news ? there are only still few hours left until Friday ends btw ( assuming it is UTC )
newbie
Activity: 10
Merit: 0
I'm going to hang in here till I get the hardware, then throw the damn thing in the trash, unless i can sell it somehow...

Not really expecting the hardware to be real either though, sigh....
legendary
Activity: 2562
Merit: 1414
So many things can go wrong again, and he has proven himself unreliable to this point.

To be honest once his cloudmining empire fell apart, he had been unreliable ever since. He is pretty bad in communication back then but I remembered that issue / email got answered as soon as possible before this thing happened

We're owed payments from mid Dec 2014 to June 2015 IMO.

Not clear yet on this because some received payment for the last day before the multiplication and some account that have larger shares didnt receive any payment since December 2014

Then we either take hardware, or pay the fee for more hosted mining.   

Another option would be to sell your shares on loss. Not sure if someone is still collecting cheap shares but the fact is that there is never a cloudmining that resume their operation after claiming to be "hacked" so this option could be an exit strategy who need it. Better to sell it on loss rather it left hanging there with an uncertainty about the hardware either
legendary
Activity: 1174
Merit: 1001

at which point it doesn't make any sense to pay now as technically you'd be paying for only 6 months.

We are almost August which means that you will be paying for 5 months weekly payout considering that this thing will keep on paying until the end of year . Due note that this is more like a time bomb which can stop anytime sooner and if you are paying a high amount then you are risking alot for it.

Well, yes it depends when one has paid/would like to pay. And of course, whether or not the date of actual payment will be the "new year" for the user or will it be Dec 31 (+/- 6 months).
How long payment would/will come, that is a whole new issue.
Or when Chris suddenly decides to stop paying again, or he shuts it all down after LTC halving. So many things can go wrong again, and he has proven himself unreliable to this point.  We're owed payments from mid Dec 2014 to June 2015 IMO.  Then we either take hardware, or pay the fee for more hosted mining.   
sr. member
Activity: 476
Merit: 251

at which point it doesn't make any sense to pay now as technically you'd be paying for only 6 months.

We are almost August which means that you will be paying for 5 months weekly payout considering that this thing will keep on paying until the end of year . Due note that this is more like a time bomb which can stop anytime sooner and if you are paying a high amount then you are risking alot for it.

Well, yes it depends when one has paid/would like to pay. And of course, whether or not the date of actual payment will be the "new year" for the user or will it be Dec 31 (+/- 6 months).
How long payment would/will come, that is a whole new issue.
full member
Activity: 812
Merit: 100
www.cd3d.app
Crish still shit , I can k*ll crish
legendary
Activity: 2562
Merit: 1414
because the logic would make no sense at all

To be honest, does Chris ever make sense at all? NO. This whole cloudmining or whatever you call it doesnt make sense at all because you will get your ROI in less than 3 months . This is not going to happen even if you got the cheapest electricity in the world ( or much better if your electricity is free ) but yet alot of us has fallen to this "doesnt make sense at all" cloudmining

at which point it doesn't make any sense to pay now as technically you'd be paying for only 6 months.

We are almost August which means that you will be paying for 5 months weekly payout considering that this thing will keep on paying until the end of year . Due note that this is more like a time bomb which can stop anytime sooner and if you are paying a high amount then you are risking alot for it.
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