Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 27. (Read 361398 times)

Quote from: Flep182 on July 02, 2015, 01:46:03 PM

so there is something like a 60-80% fee to pay to start mining again or transfering this shares to hardware, but no one know the specifications of it. it sounds all not too bad in my eyes. well the accounts are worth almost nothing, but if you pay the fee, you can restart for yourself the ponzi game.

I guess the money mined in 2015 until know has been used to recover from the hack, so its kind of lost for the shareholders.

lets wait whats going to happen in October (popcorn ready :-)

Quite a lot speculation there Wink

Hopefully the Q&A will be soon and with some actual answers.

I guess he doesnt know himself what to do, not going to prison, but keeping the money. So he cant make the QA immediately.

So far he seems to be in his way of getting off the troubles.

Imo If he was Legit it would be So easy to get everyone off his back with just a few pictures or showing where the coins mined the past 7 months are kept.
He also has had plenty of chances to say or post on the site dont worrie i got your coins for the past 7 months you will get them soon.
A day after a serious move to unite some people for the lawsuit we get this bogues 2 hour downtime that changes what ? 2 lines of tekst .......

johny08

legendary

Activity: 1045

Merit: 1000

Quote from: cryptost on July 02, 2015, 05:20:28 PM

so there is something like a 60-80% fee to pay to start mining again or transfering this shares to hardware, but no one know the specifications of it. it sounds all not too bad in my eyes. well the accounts are worth almost nothing, but if you pay the fee, you can restart for yourself the ponzi game.

I guess the money mined in 2015 until know has been used to recover from the hack, so its kind of lost for the shareholders.

lets wait whats going to happen in October (popcorn ready :-)

Quite a lot speculation there Wink

Hopefully the Q&A will be soon and with some actual answers.

I guess he doesnt know himself what to do, not going to prison, but keeping the money. So he cant make the QA immediately.

So far he seems to be in his way of getting off the troubles.

Borisz

sr. member

Activity: 476

Merit: 251

Site says: Maintenance for two hours.

I like these messages on the site. Who cares when it started right?2hours from the point YOU read it.

Also, over 6 months have passed. So it is official, we are not getting paid (on time) over 50% of a year ( if it even eventually happens).

cryptost

full member

Activity: 238

Merit: 100

Site says: Maintenance for two hours.

arallmuus

legendary

Activity: 2562

Merit: 1414

no one know the specifications of it.

No one knows it YET . However this seems to be a good guess on what will it be (references below)

it sounds all not too bad in my eyes.

I had no idea if you actually mean this as sarcasm or not unless you are aware that this guy has left most people hanging for weeks without any clarification on this thing. His so called Q&A which was promised month ago hasnt yet been delivered until today. If it is not too bad, I dont know what bad is

well the accounts are worth almost nothing

It worth 1/10 or at max 3/10 of the value when you bought them. Atleast it is something

Quote from: miri94 on June 26, 2015, 11:19:18 PM

I guess the money mined in 2015 until know has been used to recover from the hack, so its kind of lost for the shareholders.

recover from what hack? Im not even sure if he was hacked and basically the "hack" incident happen on december-January timeframe. So he lost nothing from February - June and if he is indeed really "mining" then he should be able to pay us but of course he isnt because he asks for a nonsense fee and thats what strengthen it to be a ponzi

I just logged in and got a message that 47 pre-gen 2 units converted to 1 ASIC unit and there are 23 2nd Gen shares left.

as above regarding the specs which we don't know, well we know at least one thing: each 10 shares are the equivalent of 30 Radeon 290 Lyra2RE .

So his 1 unit ASIC must be 47/30 = 1.5 x 30 = 45 MHs = one 50 MHs unit from Alpha Tenchology Viper (Alpha-t.net):

https://alpha-t.net/product/scrypt-asic-miner/

The 50 MHs unit is underperforming according to tests and is running at 45 MHs

But the problem is: 2nd Gen were supposed to run Scrypt and X11, the Vipers run only X11.

sluppy

legendary

Activity: 2020

Merit: 1041

Quote from: Flep182 on July 02, 2015, 01:46:03 PM

so there is something like a 60-80% fee to pay to start mining again or transfering this shares to hardware, but no one know the specifications of it. it sounds all not too bad in my eyes. well the accounts are worth almost nothing, but if you pay the fee, you can restart for yourself the ponzi game.

I guess the money mined in 2015 until know has been used to recover from the hack, so its kind of lost for the shareholders.

lets wait whats going to happen in October (popcorn ready :-)

Quite a lot speculation there Wink

Hopefully the Q&A will be soon and with some actual answers.

Its been over a Week since any sign of life and the WTS threads are flooding the forums Everyone wants OUT.

Flep182

legendary

Activity: 938

Merit: 1007

Quote from: Furio on July 01, 2015, 09:16:35 AM

so there is something like a 60-80% fee to pay to start mining again or transfering this shares to hardware, but no one know the specifications of it. it sounds all not too bad in my eyes. well the accounts are worth almost nothing, but if you pay the fee, you can restart for yourself the ponzi game.

I guess the money mined in 2015 until know has been used to recover from the hack, so its kind of lost for the shareholders.

lets wait whats going to happen in October (popcorn ready :-)

Quite a lot speculation there Wink

Hopefully the Q&A will be soon and with some actual answers.

johny08

legendary

Activity: 1045

Merit: 1000

so there is something like a 60-80% fee to pay to start mining again or transfering this shares to hardware, but no one know the specifications of it. it sounds all not too bad in my eyes. well the accounts are worth almost nothing, but if you pay the fee, you can restart for yourself the ponzi game.

I guess the money mined in 2015 until now has been used to recover from the hack, so its kind of lost for the shareholders.

lets wait whats going to happen in October (popcorn ready :-)

anderl

hero member

Activity: 714

Merit: 500

FYI from gethashing thread... https://forum.gethashing.com/t/not-paying-ltcgear-discussions/2031/3772

I'm going to post this here. https://litecointalk.org/index.php?topic=26244.0

I'm not going to have a discussion about it here though. A legal action is going to be started and anyone that is interested in participating in the action is required to provide their RL information.

If you do not plan to provide RL information (name, address, phone, email) do not fill out the form because it will not be sent to the lawyer.

If you do not plan to provide financial information for the case providing a paper trail of bank funded fiat to crypto currency exchange, fiat equivalent value of crypto in exchange for services rendered and a blockchain trail to purchased products at LTCGear you may not be able to participate in the action.

This form is for filing to participate in the action. It required RL information, and at this time only products that you own in your combined LTCGear accounts. The form can be updated in the future if you make and purchases or sales. This form will be up for approximately 2 weeks.

Request to participate in class action against LTCGear

*Note this this legal action does not necessarily mean that a lawsuit is taking place. The strategy for proceeding will be determined by legal counsel once we gather the initial participants.

Flep182

legendary

Activity: 938

Merit: 1007

When I open my account, I don't see the payment fee option. I just can't seem to withdraw either Sad

Is your balance in red or yellow? And are there 2 options for BTC? Or just the one in yellow?

Furio

legendary

Activity: 938

Merit: 1000

BTC | LTC | XLM | VEN | ARDR

When I open my account, I don't see the payment fee option. I just can't seem to withdraw either Sad

Flep182

legendary

Activity: 938

Merit: 1007

Quote from: 2bacco on July 01, 2015, 06:52:39 AM

Quote from: siampumpkin on June 30, 2015, 08:31:51 AM

Quote from: siampumpkin on June 30, 2015, 05:30:44 AM

Looking to sell account with 3400 qASIC shares and 10 gen2 shares. Fee of 3.16 BTC. Serious offers only please by pm. Thanks

This was originally posted as 3700 qasic shares which was in error.

This account is now sold. Thanks. Shocked

Shall we keep this topic relatively clean and focused on the service itself and do the trading in another topic?

what service ?

read the op, and some posts on last page, and don't get what service either,
why so many posts here anyways? is there something going on here?

The before functioning well but now slightly slow paying service? Roll Eyes

2bacco

full member

Activity: 196

Merit: 100

The Smoker Friendly Coin 2BACCO

Quote from: siampumpkin on June 30, 2015, 08:31:51 AM

Quote from: siampumpkin on June 30, 2015, 05:30:44 AM

Looking to sell account with 3400 qASIC shares and 10 gen2 shares. Fee of 3.16 BTC. Serious offers only please by pm. Thanks

This was originally posted as 3700 qasic shares which was in error.

This account is now sold. Thanks. Shocked

Shall we keep this topic relatively clean and focused on the service itself and do the trading in another topic?

what service ?

read the op, and some posts on last page, and don't get what service either,
why so many posts here anyways? is there something going on here?

jadefalke

legendary

Activity: 1456

Merit: 1014

Quote from: djm34 on July 01, 2015, 04:38:33 AM

Quote from: jadefalke on June 30, 2015, 11:09:37 AM

Quote from: siampumpkin on June 30, 2015, 08:31:51 AM

Quote from: siampumpkin on June 30, 2015, 05:30:44 AM

Looking to sell account with 3400 qASIC shares and 10 gen2 shares. Fee of 3.16 BTC. Serious offers only please by pm. Thanks

This was originally posted as 3700 qasic shares which was in error.

This account is now sold. Thanks. Shocked

Shall we keep this topic relatively clean and focused on the service itself and do the trading in another topic?

what service ?

some people paid the Fee and recieve payout's so for a Part there is actually a Service.

ok sure... please send me 10btc, I promise I will send you 1btc for at least the next 2 weeks... Grin

That's my terms of service.

please stop being stupid... Roll Eyes

Calling other people Stupid, doesn't let you look very smart. Some took the Decision to pay the Fee, Time will tell if that was a good decision or not.

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: jadefalke on June 30, 2015, 11:09:37 AM

Quote from: siampumpkin on June 30, 2015, 08:31:51 AM

Quote from: siampumpkin on June 30, 2015, 05:30:44 AM

Looking to sell account with 3400 qASIC shares and 10 gen2 shares. Fee of 3.16 BTC. Serious offers only please by pm. Thanks

This was originally posted as 3700 qasic shares which was in error.

This account is now sold. Thanks. Shocked

Shall we keep this topic relatively clean and focused on the service itself and do the trading in another topic?

what service ?

some people paid the Fee and recieve payout's so for a Part there is actually a Service.

ok sure... please send me 10btc, I promise I will send you 1btc for at least the next 2 weeks... Grin

That's my terms of service.

please stop being stupid... Roll Eyes

wallzer456

newbie

Activity: 6

Merit: 0

There is a line between being just a bad businessman and a criminal. There is MORE THAN ENOUGH evidence to prove that Chris' activity is criminal. If he can not show authorities a mining operation he will be arrested, it's that simple. What are we doing to make this happen? I have several friends in Romania and I'm ready to ask for their help navigating the system. Who's with me? It's long past time. I saw where a few larger account holders actually went over there and found him. They published his identity with pics of his residence and records of his identity. He should pay and pay now or go to jail.

Please contact me with any usable info because I have the ways and means to go after this son of a bitch and I AM doing just that.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: sluppy on June 30, 2015, 11:14:51 AM

The part that i dont get is he didnt ask for Shipping fee's yet .. If he is trying to milk us for more he should be asking for the shipping fee's some might actually pay those.

He will not be pulling that kinda stunt anymore because it is too obvious already since he decided to milk by using his nonsense yearly fee. I thought this could be just his stalling tactics , left people out in question for several weeks or so but I dont see why he intended to do so.
Having a Q&A probably take less than 2 hours of his time, unless he is right now preparing for the best possible words to calm the angry community or that he had no intention on the first place for the Q&A since he is not prepared to do so?

Quote from: sluppy on June 30, 2015, 11:14:51 AM

And now hes gone dark for allmost a week

Not the first him that he do so isnt it and whats more astonishing is that there are still some people who "trust" him and sent him the nonsense fee even waited patiently for the Q&A . I would want nothing but to see him in jail instead of keep reading on his promises about all his nonsense

5ick3uffalo

legendary

Activity: 994

Merit: 1000

i´ll probably buy accounts, too for good prize.

I have my garage emptied, and i´m ready for a handfull of those FPGA vs. ASIC - Beasts to mine LTC

sluppy

legendary

Activity: 2020

Merit: 1041

Quote from: siampumpkin on June 30, 2015, 08:31:51 AM

Quote from: siampumpkin on June 30, 2015, 05:30:44 AM

Looking to sell account with 3400 qASIC shares and 10 gen2 shares. Fee of 3.16 BTC. Serious offers only please by pm. Thanks

This was originally posted as 3700 qasic shares which was in error.

This account is now sold. Thanks. Shocked

Shall we keep this topic relatively clean and focused on the service itself and do the trading in another topic?

what service ?

The part that i dont get is he didnt ask for Shipping fee's yet .. If he is trying to milk us for more he should be asking for the shipping fee's some might actually pay those.
(That wont be me but some might.)

And now hes gone dark for allmost a week the just isnt much logic to any of this If he is trying to scam more money out of people he is doing a bad job of trying to motivate people to send him more money.

well i guess ill go back to the couch with my

jadefalke

legendary

Activity: 1456

Merit: 1014