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Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 25. (Read 361385 times)

hero member
Activity: 812
Merit: 1000
exactly! A titan (350MH) can give you >1000$ a month and pay for electricity also!
sr. member
Activity: 476
Merit: 251
I'm not saying he didn't run a fractional mining operation, or that he wouldn't scam us. But, I do think he is capable of producing said hardware comparable to Titans.

With all the mining power and hence profit taken from the rightful owners during Jan-June, after the current LTC pump he probably has the funds as well.
legendary
Activity: 1174
Merit: 1001
I'm not saying he didn't run a fractional mining operation, or that he wouldn't scam us. But, I do think he is capable of producing said hardware comparable to Titans.
legendary
Activity: 2562
Merit: 1414
Not really too good to be true considering he was developing boards for scrypt in 2013.  Why would he stop there? 

This is the reasoning that has always been used ever since the "cloudmining" fell. Back then in January-february everyone was so confident and they believed in chris with this reasoning,

Code:
he made ASIC , he wouldnt scam us and this is not ponzi etc etc

If he was actually good enough in developing all of these ASIC then I guess it would not be a problem for him to actually pay what he owed us. In fact he has been stalling ever since and that is not a good sign of it. He has been shady ever since and hasnt trying to attempt any conversation to his customer (apart from the Q&A which will be like the previous one, full of censorship )
legendary
Activity: 1174
Merit: 1001
Not really too good to be true considering he was developing boards for scrypt in 2013.  Why would he stop there?  

That being said, I wouldn't recommend converting to this unseen hardware until the Q&A takes place though....
hero member
Activity: 812
Merit: 1000
for the shake of conversiation, IF rigs are exist lets take as reference the KNC titan

The performance of the batch 1 Titan miners is 300+ MH/s while consuming approx. 1100 Watts. Batch 2 Titan miners run at 400+ MH/s whilst consuming approximately 1400 Watts.

even if Chris rigs have worst efficiency, for example 300MH/2KW,  they are still profitable provided you have the place and power to use them!

too good to be true
legendary
Activity: 2562
Merit: 1414
Communication? He s had so many ways/options/opportunities to communicate.

People just seem to cant let go of this stuff and some are still having faith with him . Not actually having faith, rather that people will want to seek their missing "funds" . With this "legal" ways, people are tempted to make the last resort to get back what they lost and I do honestly hope that Chris will be sent into the prison

Considering though that today is the 8th and the deadline is 15 saying that "Q&A" will be arranged before the deadline is brave. It will probably be a one way communication of people asking questions...

You should take into account that he had the tendency to stall things with his crazy excuses and people will still believe him. If you take alook back, it has been almost 7 months, we are getting zero payment and he always come up with crazy excuses from A to Z . Even if he actually managed to hold this Q&A, the shipping of boards will be taking a long time and it could be alot more months of waiting. Considering that we are 5 more months to December, I would say that his stalling tactics has been working perfectly until now and only until now people realized and attempted a legal way to sue him

sr. member
Activity: 476
Merit: 251
Share conversion (Opt 2) – UPDATE

Deadline to request share conversion to physical boards is July 15.
Each ASIC unit is roughly equivalent of 350Mhs.
A Q&A session will be arranged before the deadline.


350mhs at 3000 watts...

Really, would it be that hard to toss that info on there. Also... what if we don't convert?

Yeah, completely useless without that info!!! Not that I have a lot of hope that anything would ever ship...

Probably the only other option is to pay and have your shares start working again (or have dead shares in your balance forever).

Also the 3kW was a joke I assume, it doesn't say that anywhere. Considering though that today is the 8th and the deadline is 15 saying that "Q&A" will be arranged before the deadline is brave. It will probably be a one way communication of people asking questions...
jr. member
Activity: 94
Merit: 2
Share conversion (Opt 2) – UPDATE

Deadline to request share conversion to physical boards is July 15.
Each ASIC unit is roughly equivalent of 350Mhs.
A Q&A session will be arranged before the deadline.


350mhs at 3000 watts...

Really, would it be that hard to toss that info on there. Also... what if we don't convert?

Yeah, completely useless without that info!!! Not that I have a lot of hope that anything would ever ship...
hero member
Activity: 868
Merit: 1000
Share conversion (Opt 2) – UPDATE

Deadline to request share conversion to physical boards is July 15.
Each ASIC unit is roughly equivalent of 350Mhs.
A Q&A session will be arranged before the deadline.


350mhs at 3000 watts...

Really, would it be that hard to toss that info on there. Also... what if we don't convert?
legendary
Activity: 1456
Merit: 1014
wow that is a tough deadline Wink i hope the Q&A will be soon and somehow moderated, otherwise it will be a mess.
full member
Activity: 238
Merit: 100
Share conversion (Opt 2) – UPDATE

Deadline to request share conversion to physical boards is July 15.
Each ASIC unit is roughly equivalent of 350Mhs.
A Q&A session will be arranged before the deadline.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
btw. there are legal action on the way, to at least establish communication with chris.

Communication? He s had so many ways/options/opportunities to communicate.

The fact he choose not to tells you a lot about his plans.
legendary
Activity: 1456
Merit: 1014
btw. there are legal action on the way, to at least establish communication with chris.
sr. member
Activity: 476
Merit: 251

I saw this video previously with some League of Legends commentary, works with a lot of things. Probably here as well  Grin

I am still shocked that 6 months payments were just swallowed and will never be paid out. Not sure to laugh or cry at this pont.
sr. member
Activity: 476
Merit: 251
patience is key here , all will be alright,  beekeeper will reward us with nice ASCI hardware

I would say that you are going into complete delusional to think that you will be given an ASIC board. First of all , it is not clear yet what kind of Board it is and it is not even clear yet wether this so called "Chris" actually have its own board. Secondly, His so called "Q&A" hasnt yet been delivered and it has been over 1 month since it was promised . Thirdly, this guy has been given the benefit of doubt for 6 months and just to return here and give you the bill for the maintenancefee ! if that isnt patience then I dont know what patience is

You of all people would know this because you are one of the "victim" here as well. Patience is nothing to be considered already because patience had run out. 6 months of waiting for your payment and just to be rewarded with the maintenance fee bill is something that is really unpleasant for all the waiting and the patience.
I would personally also suggest you to snap out of your dream because in the end , Chris will keep on stalling and unless you didnt notice, we are halfway to December which is the moment where this ponzi collapsed

Please don't forget to mention that we have no way of knowing when (if at all) these boards will be announced and if they would be shipped on time. You know, there can be a lot of delays! So by the time that you would get these - which I think would be impossible by September - you might be pushed out of the market by simple facts of efficiency. I also do not think you would be given the latest hardware.

Indeed half way to the end of year. If this happens every year, then it is barely half a service.
legendary
Activity: 2562
Merit: 1414
patience is key here , all will be alright,  beekeeper will reward us with nice ASCI hardware

I would say that you are going into complete delusional to think that you will be given an ASIC board. First of all , it is not clear yet what kind of Board it is and it is not even clear yet wether this so called "Chris" actually have its own board. Secondly, His so called "Q&A" hasnt yet been delivered and it has been over 1 month since it was promised . Thirdly, this guy has been given the benefit of doubt for 6 months and just to return here and give you the bill for the maintenancefee ! if that isnt patience then I dont know what patience is

You of all people would know this because you are one of the "victim" here as well. Patience is nothing to be considered already because patience had run out. 6 months of waiting for your payment and just to be rewarded with the maintenance fee bill is something that is really unpleasant for all the waiting and the patience.
I would personally also suggest you to snap out of your dream because in the end , Chris will keep on stalling and unless you didnt notice, we are halfway to December which is the moment where this ponzi collapsed
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