LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 236.

burst1002

newbie

Activity: 49

Merit: 0

Quote from: Dophoeve on November 10, 2014, 01:17:35 PM

Quote from: boy2k on November 10, 2014, 01:16:42 PM

Quote from: burst1002 on November 10, 2014, 12:42:33 PM

Quote from: D5SS71 on November 10, 2014, 12:40:30 PM

This is from the website:

UPDATE2: Website will be placed in maintenance at 22:00 UTC(GMT). During maintenance, all paid on-hold orders will be completed. After closing orders, shares will be multiplied.

still 4+ hrs. this wait is killing me Grin

lol yeah... how much multi... the suspense

I heard the multi was going to be around 3.35

TOOOO THE MOOOOOOOON

LOL

it should be between 1.3 and 1.5

D5SS71

newbie

Activity: 3

Merit: 0

Quote from: Dophoeve on November 10, 2014, 01:17:35 PM

Quote from: boy2k on November 10, 2014, 01:16:42 PM

Quote from: burst1002 on November 10, 2014, 12:42:33 PM

Quote from: D5SS71 on November 10, 2014, 12:40:30 PM

This is from the website:

UPDATE2: Website will be placed in maintenance at 22:00 UTC(GMT). During maintenance, all paid on-hold orders will be completed. After closing orders, shares will be multiplied.

still 4+ hrs. this wait is killing me Grin

lol yeah... how much multi... the suspense

I heard the multi was going to be around 3.35

TOOOO THE MOOOOOOOON

You mean 1.35 not 3.35 because that would be insane Cheesy

Dophoeve

full member

Activity: 182

Merit: 100

To the MOOOON

Quote from: boy2k on November 10, 2014, 01:16:42 PM

Quote from: burst1002 on November 10, 2014, 12:42:33 PM

Quote from: D5SS71 on November 10, 2014, 12:40:30 PM

This is from the website:

UPDATE2: Website will be placed in maintenance at 22:00 UTC(GMT). During maintenance, all paid on-hold orders will be completed. After closing orders, shares will be multiplied.

still 4+ hrs. this wait is killing me Grin

lol yeah... how much multi... the suspense

I heard the multi was going to be around 3.35

TOOOO THE MOOOOOOOON

boy2k

full member

Activity: 168

Merit: 100

Quote from: burst1002 on November 10, 2014, 12:42:33 PM

Quote from: D5SS71 on November 10, 2014, 12:40:30 PM

This is from the website:

UPDATE2: Website will be placed in maintenance at 22:00 UTC(GMT). During maintenance, all paid on-hold orders will be completed. After closing orders, shares will be multiplied.

still 4+ hrs. this wait is killing me Grin

lol yeah... how much multi... the suspense

burst1002

newbie

Activity: 49

Merit: 0

Quote from: D5SS71 on November 10, 2014, 12:40:30 PM

This is from the website:

UPDATE2: Website will be placed in maintenance at 22:00 UTC(GMT). During maintenance, all paid on-hold orders will be completed. After closing orders, shares will be multiplied.

still 4+ hrs. this wait is killing me Grin

D5SS71

newbie

Activity: 3

Merit: 0

This is from the website:

UPDATE2: Website will be placed in maintenance at 22:00 UTC(GMT). During maintenance, all paid on-hold orders will be completed. After closing orders, shares will be multiplied.

cexylikepie

hero member

Activity: 779

Merit: 500

Quote from: Dophoeve on November 10, 2014, 10:59:16 AM

Quote from: cexylikepie on November 10, 2014, 10:57:51 AM

Quote from: Dophoeve on November 10, 2014, 10:23:58 AM

Quote from: cexylikepie on November 10, 2014, 10:16:14 AM

Quote from: david123 on November 10, 2014, 10:12:04 AM

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

I'm still worried. This is the day where we find out if it's a ponzi for the next 45 days

Why the next 45 days..? Don't get that one

The next multi

Didn't knew the 45 days in between multi's thx.

yeah no problem man

Dophoeve

full member

Activity: 182

Merit: 100

To the MOOOON

Quote from: cexylikepie on November 10, 2014, 10:57:51 AM

Quote from: Dophoeve on November 10, 2014, 10:23:58 AM

Quote from: cexylikepie on November 10, 2014, 10:16:14 AM

Quote from: david123 on November 10, 2014, 10:12:04 AM

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

I'm still worried. This is the day where we find out if it's a ponzi for the next 45 days

Why the next 45 days..? Don't get that one

The next multi

Didn't knew the 45 days in between multi's thx.

cexylikepie

hero member

Activity: 779

Merit: 500

Quote from: Dophoeve on November 10, 2014, 10:23:58 AM

Quote from: cexylikepie on November 10, 2014, 10:16:14 AM

Quote from: david123 on November 10, 2014, 10:12:04 AM

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

I'm still worried. This is the day where we find out if it's a ponzi for the next 45 days

Why the next 45 days..? Don't get that one

The next multi

Dophoeve

full member

Activity: 182

Merit: 100

To the MOOOON

Quote from: cexylikepie on November 10, 2014, 10:16:14 AM

Quote from: david123 on November 10, 2014, 10:12:04 AM

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

I'm still worried. This is the day where we find out if it's a ponzi for the next 45 days

Why the next 45 days..? Don't get that one

Dophoeve

full member

Activity: 182

Merit: 100

To the MOOOON

Quote from: david123 on November 10, 2014, 10:12:04 AM

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

K thanks

cexylikepie

hero member

Activity: 779

Merit: 500

Quote from: david123 on November 10, 2014, 10:12:04 AM

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

I'm still worried. This is the day where we find out if it's a ponzi for the next 45 days

david123

legendary

Activity: 1022

Merit: 1004

Multiplications are rescheduled or delayed without rescheduling multiple times, it has always been like that.
One would guess it must be a script which takes just 5 minutes, simply multiply all shares by 1.xx. But apparently
it takes some manual work for Chris.

I got used to it.. Certainly no reason to be worried.

Dophoeve

full member

Activity: 182

Merit: 100

To the MOOOON

Isn't it strange that the site hasn't been offline during this whole day? While there was a multiplication scheduled by 'Chris'?

Pistachio

legendary

Activity: 1456

Merit: 1000

Quote from: cassius69 on November 10, 2014, 08:30:03 AM

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.

That's the big question and it is still left open. We know there were FPGA miners at some point and some physical hardware was sold. It appears that at least some of the LTC/BTC used for payments are coming directly from mining pools. LTCgear has in the past accepted paypal for shares despite the risk of charge backs. I have not been able to find anyone who has spoken directly to 'Chris' but that is not unprecedented given the grey area that large mining operations live in. The marketing tactics of using affiliates and creating a sense of scarcity are common marketing practices in both legitimate and illegitimate business models. If we compare the marketing tactics of other cloud mining operations, LTCgear seems a bit tamer than the competitors. The cost of scrypt mining hardware has fallen to the point that LTCgear shares are not 'crazy' low prices and maybe they never were. Maybe this points as much to the toxic environment of exploitative and monopolistic mining hardware companies as anything else. This is my take on this question.

Otherwise, yes we are all well aware and concerned about ponzi schemes when it comes to Bitcoin related businesses.

cassius69

sr. member

Activity: 280

Merit: 250

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.

blg42598

hero member

Activity: 867

Merit: 1000

Quote from: ellave on November 09, 2014, 05:45:17 PM

I hoping to buy a Pack in the next few hours if one comes in stock...anyone trusted want to do something with their affiliate?

http://ltcgear.com?apage=866

I can give you 0.1 BTC back for every pack purchased.

ellave

sr. member

Activity: 434

Merit: 250

I hoping to buy a Pack in the next few hours if one comes in stock...anyone trusted want to do something with their affiliate?

Edit - All sorted thanks, shares purchased & already on my account.

Flep182

legendary

Activity: 938

Merit: 1007

Quote from: AizenSou on November 09, 2014, 01:28:07 PM

Quote from: david123 on November 09, 2014, 12:45:10 PM

Quote from: AizenSou on November 09, 2014, 12:39:23 PM

MODs are NOT user-transferable. You need Chris to transfer it for you.

Thanks AizenSou, wasn't aware of that..!

You're welcome.
Btw I'm selling shares here, only 2.2 BTC per pack, get it before multiplication Wink

https://bitcointalksearch.org/topic/m.9478189

It's tempting but I'll wait for two weeks for payouts before I might start buying in more, maybe even closer to the next multiplication.
There is always the general risk to take into account

rodeoric

member

Activity: 89

Merit: 10

Quote from: AizenSou on November 09, 2014, 01:44:59 PM

Quote from: rodeoric on November 09, 2014, 01:43:25 PM

I am interested when we will get the multiplicator ?

On website there is just a message that it is already done but i didnt received it, a support ticket i cant find, any idea guys ?

Thanks a lot

Best regards

rodeoric

Multi will be performed tomorrow. The site will be taken down for a few hours, after that it's done. Simple. No one knows about the specific time except Chris Wink

.

Thank you for this info.

Best regards

rodeoric

Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 236. (Read 361391 times)