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Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 20. (Read 361385 times)

legendary
Activity: 938
Merit: 1007
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.

Hi ! Pl. can u confirm if those who paid the fees did get payments frm begining of jan 2015 which were due to them?

Can everybody confirm if this is true please?

Thanx

I think you've got some wrong info here...

The people who have been ridiculous enough to pay the fees, started getting weekly payouts (lagged most of the time, but still weekly) from that point on, nothing from the past has been paid, nor will it... IMO.

That is what I gathered as well. So technically your shares were "offline" for January-June (or more accurately January ==> until you pay for them) and if/when you pay then you will start getting payouts from that point onwards. The first half of the year is lost.

(So you are pretty much buying them again, instead of paying a maintenance fee, since this latter would mean that you'd get the payouts that were missing during the first half of the year.)

Waiting for the ultimatum on Friday....


Today we'll know something from either side. Problem is that the amount "fee" hasn't changed over the weeks. If it's only regarding "from now on" instead of from start of the year you should at least have a lowering amount every week since you've "lost" out on one more weekly payment.

The most honest way would be to pay me in full for the period for which I had my miners. That is, everything missing, because I have not asked him to shut down my miners.The fee was supposedly for last year, so OK Id be happy to pay it and then receive the payments I am owed ever since this fun started. I would be well in profit.

Now the fee is sort of a "reactivation" fee, which doesn't make much sense as it should relate to last year, not this year. The fee won't go lower as (again supposedly) this will be your yearly fee which will restart whenever you paid (?). Unless he plans to do it at the end of the year regardless when you pay, at which point it doesn't make any sense to pay now as technically you'd be paying for only 6 months.

That's the main reason I assume he's going to "add" the missed months to the accounts because the logic would make no sense at all otherwise. Only problem is that it would be the logical thing to "not pay us the owed for the first six months" and keeping the fee already. But that's what's the puzzling part.
sr. member
Activity: 476
Merit: 251
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.

Hi ! Pl. can u confirm if those who paid the fees did get payments frm begining of jan 2015 which were due to them?

Can everybody confirm if this is true please?

Thanx

I think you've got some wrong info here...

The people who have been ridiculous enough to pay the fees, started getting weekly payouts (lagged most of the time, but still weekly) from that point on, nothing from the past has been paid, nor will it... IMO.

That is what I gathered as well. So technically your shares were "offline" for January-June (or more accurately January ==> until you pay for them) and if/when you pay then you will start getting payouts from that point onwards. The first half of the year is lost.

(So you are pretty much buying them again, instead of paying a maintenance fee, since this latter would mean that you'd get the payouts that were missing during the first half of the year.)

Waiting for the ultimatum on Friday....


Today we'll know something from either side. Problem is that the amount "fee" hasn't changed over the weeks. If it's only regarding "from now on" instead of from start of the year you should at least have a lowering amount every week since you've "lost" out on one more weekly payment.

The most honest way would be to pay me in full for the period for which I had my miners. That is, everything missing, because I have not asked him to shut down my miners.The fee was supposedly for last year, so OK Id be happy to pay it and then receive the payments I am owed ever since this fun started. I would be well in profit.

Now the fee is sort of a "reactivation" fee, which doesn't make much sense as it should relate to last year, not this year. The fee won't go lower as (again supposedly) this will be your yearly fee which will restart whenever you paid (?). Unless he plans to do it at the end of the year regardless when you pay, at which point it doesn't make any sense to pay now as technically you'd be paying for only 6 months.
legendary
Activity: 938
Merit: 1007
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.

Hi ! Pl. can u confirm if those who paid the fees did get payments frm begining of jan 2015 which were due to them?

Can everybody confirm if this is true please?

Thanx

I think you've got some wrong info here...

The people who have been ridiculous enough to pay the fees, started getting weekly payouts (lagged most of the time, but still weekly) from that point on, nothing from the past has been paid, nor will it... IMO.

That is what I gathered as well. So technically your shares were "offline" for January-June (or more accurately January ==> until you pay for them) and if/when you pay then you will start getting payouts from that point onwards. The first half of the year is lost.

(So you are pretty much buying them again, instead of paying a maintenance fee, since this latter would mean that you'd get the payouts that were missing during the first half of the year.)

Waiting for the ultimatum on Friday....


Today we'll know something from either side. Problem is that the amount "fee" hasn't changed over the weeks. If it's only regarding "from now on" instead of from start of the year you should at least have a lowering amount every week since you've "lost" out on one more weekly payment.
sr. member
Activity: 476
Merit: 251
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.

Hi ! Pl. can u confirm if those who paid the fees did get payments frm begining of jan 2015 which were due to them?

Can everybody confirm if this is true please?

Thanx

I think you've got some wrong info here...

The people who have been ridiculous enough to pay the fees, started getting weekly payouts (lagged most of the time, but still weekly) from that point on, nothing from the past has been paid, nor will it... IMO.

That is what I gathered as well. So technically your shares were "offline" for January-June (or more accurately January ==> until you pay for them) and if/when you pay then you will start getting payouts from that point onwards. The first half of the year is lost.

(So you are pretty much buying them again, instead of paying a maintenance fee, since this latter would mean that you'd get the payouts that were missing during the first half of the year.)

Waiting for the ultimatum on Friday....
legendary
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.

Hi ! Pl. can u confirm if those who paid the fees did get payments frm begining of jan 2015 which were due to them?

Can everybody confirm if this is true please?

Thanx

I think you've got some wrong info here...

The people who have been ridiculous enough to pay the fees, started getting weekly payouts (lagged most of the time, but still weekly) from that point on, nothing from the past has been paid, nor will it... IMO.
newbie
Activity: 44
Merit: 0
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.

Hi ! Pl. can u confirm if those who paid the fees did get payments frm begining of jan 2015 which were due to them?

Can everybody confirm if this is true please?

Thanx
legendary
Activity: 2562
Merit: 1414

tl;dr version :

TheMage released an ultimatum to Chris that he is going to give explanation of all of this until Friday or otherwise he will post his thought/reasoning on this whole delayed payment and such which he is sure 95 % is correct reasoning.
Chris needs to answer the Q&A or TheMage wont facilitate himself as facilitator anymore. Last but not least, TheMage urge people to not post information / data about innocent lives such as Chris' wife and child. Also if you continue to bring things up, leave your phone there he will call you or through skype if you are not in the US (atleast this is what I consider as the main point )
legendary
Activity: 1456
Merit: 1014
btw, the payments from last Weekend finaly arrived.
legendary
Activity: 1174
Merit: 1001
Meh. I'm sure there will be another ETA by Friday. Or, he responds to TheMage....
hero member
Activity: 812
Merit: 1000
legendary
Activity: 2562
Merit: 1414
[-snip-

You are not paranoid, if there is a proven scam going on.

A part of me is pretty much sure that this is just a scam attempt trying to delay things up and hope someone will pay him the fee to continue his ponzi operation while a tiny part of me like to know what exactly happen ( more of an entertainment for me ) . There could be a legit reason for all the stalling tactics as well as the new convertion to the ASIC

Chris is procrastinating every deadline. Something like December we will see the hardware shipment or later.

My thought as well


This is what I am waiting for, it is about time this guy need to be given a deadline. Chris is always in control of the deadline and basically all of us is toothless against his lousy deadline. I thought TheMage is kinda "kind" and calm person but this move is totally good . This could be the end of the Chris' Saga
hero member
Activity: 910
Merit: 1002
legendary
Activity: 1045
Merit: 1000
Four days after the deadline and there's not a sign of the Q&A yet.

Read above, he decided not to do any Q&A but there is no guarantee that he will answer the question that has been sent to him. There is no set deadline yet about this question to be answered and once again we are back into square one, waiting indefinitely because he has a tendency to stall things ( and a different schedule of his own )

and accounts that are forced to do hardware conversion.

This is funny because I called this yesterday that it seems like he wants everyone to convert it. I dont know if this is an error or what but I got a hunch that the extension for the conversion deadline is to force the other to convert it ( I am being paranoid of this , YES very ).

You are not paranoid, if there is a proven scam going on.

Chris is procrastinating every deadline. Something like December we will see the hardware shipment or later.
legendary
Activity: 2562
Merit: 1414
Four days after the deadline and there's not a sign of the Q&A yet.

Read above, he decided not to do any Q&A but there is no guarantee that he will answer the question that has been sent to him. There is no set deadline yet about this question to be answered and once again we are back into square one, waiting indefinitely because he has a tendency to stall things ( and a different schedule of his own )

and accounts that are forced to do hardware conversion.

This is funny because I called this yesterday that it seems like he wants everyone to convert it. I dont know if this is an error or what but I got a hunch that the extension for the conversion deadline is to force the other to convert it ( I am being paranoid of this , YES very ).
legendary
Activity: 938
Merit: 1007
Nothing really to gain yet either from converting. Waiting for some specs was the way to go even if it's taking longer than you would like.  He did at least extend the deadline most likely for that very reason.

Also, he emailed TheMage back, and will not do a live Q&A.  He has the questions though so providing answers should still be no issue.

Four days after the deadline and there's not a sign of the Q&A yet. Plus some chatter on LCT on locked accounts after double payments and accounts that are forced to do hardware conversion.
hero member
Activity: 812
Merit: 1000
let me see the future plz.
the asic conversion deadline will continue to be extended for ever and ever  Grin
legendary
Activity: 1456
Merit: 1014
weekly payments are credited to accounts who payed the fee, payments are on the low edge of the weekly BTC/LTC rate.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
With all due respect, I think you waste too much time on LTCgear.

People are on the point with zero return here and there's nothing to lose to keep on going forward. That is why people are still pressing to go forward instead . For me it is not about wastng time since I've got my exit strategy ( sold it to someone and enough to cover my losses ). For me this is much more into entertainment because I'd like to see how long will Chris be able to pull all of this , we are 7 months since the hacked incident and here we are still left with uncertainty

especially DMD Diamond.

This is not about investing or putting your money in another type of investment or such things but more to like getting back what is owed though

Well, good for you then. Generally I see a lot of rage when people post here and on litecointalk. This accomplishes nothing. People just hurt themselves.
Better to focus on something else.
legendary
Activity: 2562
Merit: 1414
With all due respect, I think you waste too much time on LTCgear.

People are on the point with zero return here and there's nothing to lose to keep on going forward. That is why people are still pressing to go forward instead . For me it is not about wastng time since I've got my exit strategy ( sold it to someone and enough to cover my losses ). For me this is much more into entertainment because I'd like to see how long will Chris be able to pull all of this , we are 7 months since the hacked incident and here we are still left with uncertainty

especially DMD Diamond.

This is not about investing or putting your money in another type of investment or such things but more to like getting back what is owed though
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