Author

Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 222. (Read 361391 times)

legendary
Activity: 1456
Merit: 1000
FYI paypal option at check is not available for the new product (or maybe just today).
newbie
Activity: 46
Merit: 0
I am wondering who is still buying the ASIC share1K6X, it would just make sense to have this product still in stock if you don´t get commission for the new ASIC share 1K83?   But as far as i see you still get commission for it, but just until end of this week, so prolly until friday? Has anyone more information about it?
legendary
Activity: 938
Merit: 1007

Nobody knows. I've read reports of coins being tied to actual mining/found blocks which is a big difference with pbmining and GAW.

The payout is incredibly high so that's why I'm very hesitant with reinvesting now. The amount I've invested now I'm willing to risk losing, adding more to it not so much at this point. So I'm going to wait a few weeks atm. At least 5, because then I'll have my investment back. Afterwards I'll have to reconsider what to do.

Comparing the question to GAW, I'm at the moment liquidating most of my Hashlets there as I am slightly afraid this hashcoin thing will blow up in their faces Smiley

Yeah the anxious feeling is very true because your small investment 2 months ago at ltcgear becomes so big now that you will consider a big loss if something happens.
IMHO GAW is a joke, don't understand why you're still wearing their banner.


That's exactly the thing, if you would have 10.000 shares and would use the BTC for daily costs you wouldn't have to work anymore. Around 2600 USD a month if fully used for rent/food/etc. When accrued it's 2,5 that if BTC would hit a 1000 at any point, so every month payout would mean 3 months of complete freedom.  Losing a thing like that would be a big thing Wink

GAW in itself could very well stay afloat if they don't go all-in with the whole Hashcoin crap and bet their company on it, I do believe they could've easily bought a shitload of S3's and are mining away happily and are payout out a lot less based on the scrypt payouts that they owe for the investments done with them. I'm liquidating since I'm not fully sure about them and I'm still 2,5 BTC in the hole because of those crappy MWNinja group buys that were overnight liquidated by MWNinja without any debate.
I've rented out my signature space because I have nothing else to put there. Too lazy to promote an affiliate thing, have considered copying your "business model" but nah, GAW is paying 1,2 BTC a year without the need to do a lot and for now I'm not against them as a company, just not a koolaid fan.
hero member
Activity: 938
Merit: 1000

Some chinese users create newbie account only for spamming purpose. Don't quote them Wink
Btw this kind of behaviour will be killed soon. TBH it kills my profit too but I'm rather happy with this decision.

I started with removing the affiliatepart before quoting Wink

Yeah I didn't notice that, sorry you're right.  Grin

Nobody knows. I've read reports of coins being tied to actual mining/found blocks which is a big difference with pbmining and GAW.

The payout is incredibly high so that's why I'm very hesitant with reinvesting now. The amount I've invested now I'm willing to risk losing, adding more to it not so much at this point. So I'm going to wait a few weeks atm. At least 5, because then I'll have my investment back. Afterwards I'll have to reconsider what to do.

Comparing the question to GAW, I'm at the moment liquidating most of my Hashlets there as I am slightly afraid this hashcoin thing will blow up in their faces Smiley

Yeah the anxious feeling is very true because your small investment 2 months ago at ltcgear becomes so big now that you will consider a big loss if something happens.
IMHO GAW is a joke, don't understand why you're still wearing their banner.
legendary
Activity: 938
Merit: 1007

Some chinese users create newbie account only for spamming purpose. Don't quote them Wink
Btw this kind of behaviour will be killed soon. TBH it kills my profit too but I'm rather happy with this decision.

I started with removing the affiliatepart before quoting Wink
legendary
Activity: 938
Merit: 1007
Nobody knows. I've read reports of coins being tied to actual mining/found blocks which is a big difference with pbmining and GAW.

The payout is incredibly high so that's why I'm very hesitant with reinvesting now. The amount I've invested now I'm willing to risk losing, adding more to it not so much at this point. So I'm going to wait a few weeks atm. At least 5, because then I'll have my investment back. Afterwards I'll have to reconsider what to do.

Comparing the question to GAW, I'm at the moment liquidating most of my Hashlets there as I am slightly afraid this hashcoin thing will blow up in their faces Smiley
hero member
Activity: 938
Merit: 1000




That kinda looks like an affiliatelink without any need for it.

Some chinese users create newbie account only for spamming purpose. Don't quote them Wink
Btw this kind of behaviour will be killed soon. TBH it kills my profit too but I'm rather happy with this decision.
sr. member
Activity: 397
Merit: 250
It looks like you can still buy the new pack and get affiliate referral at least until the end of the week.

So if anyone is still looking to get some more shares now would be a good time.

You get more shares with the new packs, probably still get the affiliate bonus, still get 8% off with BTC payment and you get this weeks payout on those shares Smiley

Remember, only invest what you can afford to lose!!!

full member
Activity: 182
Merit: 100
To the MOOOON
Anyone reinvesting a lot? Still kind of worried if he would not just run away with the huge amount of profit he made in short time..?

My strategy is easy atm. I've invested a decent amount. When the multiplication came around I did the last week with reinvesting in shares instead of payout since that would profit from the multiplication (payout x 1,25 x weeks afterwards extra payout).

Afterwards I switched back to payout in BTC. I'm seeing LTC fluctuate too much and BTC is in that sense a safer bet. Might LTC crash for some reason I'd still have BTC. Then it's waiting untill I'm at ROI. Every over that I'll probably by then reinvest 50-50 and other half BTC payout (or LTC as a gamble).

Avoiding risk of it all collapsing and in another sense getting some money out.



I understand what you mean, but I mean this whole situation of LTCGear atm. Is it 'safe' to reinvest. Knowing that it might still be 'virtual miners' and no actual miners.. No one will ever now, for now..?
legendary
Activity: 938
Merit: 1007
Anyone reinvesting a lot? Still kind of worried if he would not just run away with the huge amount of profit he made in short time..?

My strategy is easy atm. I've invested a decent amount. When the multiplication came around I did the last week with reinvesting in shares instead of payout since that would profit from the multiplication (payout x 1,25 x weeks afterwards extra payout).

Afterwards I switched back to payout in BTC. I'm seeing LTC fluctuate too much and BTC is in that sense a safer bet. Might LTC crash for some reason I'd still have BTC. Then it's waiting untill I'm at ROI. Every over that I'll probably by then reinvest 50-50 and other half BTC payout (or LTC as a gamble).

Avoiding risk of it all collapsing and in another sense getting some money out.

full member
Activity: 182
Merit: 100
To the MOOOON
Anyone reinvesting a lot? Still kind of worried if he would not just run away with the huge amount of profit he made in short time..?
hero member
Activity: 938
Merit: 1000
does the discount code work with the new miners?
Nope.

I think he means the discount 8% of BTC not the anni coupon. Of course no one expects to have 49% discount from 839$ for 182mhs. The discount 8% from BTC still working Wink
full member
Activity: 168
Merit: 100
Converting shares would be at the original cost? or new cost?
hmmm

I wrote Chris a Email and he said they will be converted at new price.


ah ok thanks Smiley
member
Activity: 122
Merit: 10
Converting shares would be at the original cost? or new cost?
hmmm

I wrote Chris a Email and he said they will be converted at new price.
full member
Activity: 168
Merit: 100
Converting shares would be at the original cost? or new cost?
hmmm
sr. member
Activity: 323
Merit: 250
full member
Activity: 169
Merit: 100
does the discount code work with the new miners?
full member
Activity: 141
Merit: 100
Seems like there are still bunches of people buying the ASIC share1K6X not knowing there is a more profitable product in store right now...  
yep 1k6x is still on stock
hero member
Activity: 854
Merit: 510
So the new product is different how?  Just a few more shares?

Essentially just slightly cheaper per MH. I believe they take into account the discount with the coupon and probably the share multiplication. Good deal for those looking to reinvest. I am more looking forward to some nice mods. Would like to buy another M10 mod but have not seen them in stock in forever

Actually a lot cheaper!  ~ $4.23/MH vs $5.32 / MH
Jump to: