What I'm doing is promoting the things I beliefe myself and have a transperent risk myself. I'm sure you know a lot related to bitcoin and have a lot of experience. But these are idealistic requirements I never saw fullfilled in real live. Can you answer me please then one key-question:
Call 2-3 examples of offers which are looking as nearly as serious and available as this, where you can invest your BTC with a ROI comparable to this and fullfill all the requirements of the linked thread from you.
(beside buying own hardware or invest > 10K)
I'm sure you are doing a lot for the community, perhaps you found on your way through the forums such a perfect strategy. I'm really open for it and I think I'm really not the only one who wants to learn.
Topic: [Minershare.net] KnC Neptune Miner #1 batch shares, $4/GHs, No hidden fees - page 12. (Read 19931 times)
January 30, 2014, 05:15:47 PM
January 30, 2014, 04:48:21 PM
Everything they are doing, how they communicate, how the portal is built is directed to real live functionality. I say this as IT professional related to hosting and web dev. If they would scam, they wouldn't invest that much time to build everything. This was the reason I've invested into 10 shares and affiliate them. I never would affiliate something what is looking suspicous.
I'm really sure if they would get the needed hardware, they have personal possibilities (hardware is from scandinavia and they are also) to get their money back and refund their customers. It's also covered in their FAQ that they will get the harware at latest at the middle of february.
I'm really sure if they would get the needed hardware, they have personal possibilities (hardware is from scandinavia and they are also) to get their money back and refund their customers. It's also covered in their FAQ that they will get the harware at latest at the middle of february.
As it seems, somehow, to not come up, it bears pointing out that an argument as to why someone wouldn't want to scam is not at all an argument that they won't. Not in the slightest.
Akin to how looking at a picture of an unrelated ID is not at all a solid means of identifying who you're talking to.
Standards, such as establishing competence, such as having a valuable product or service to offer, such as using the WoT, such as everything listed here, exist to divide the worthy from the wannabes. What you're doing is pretending such standards do not exist, and that variously weak attempts to cover up an inability or unwillingness to meet such standards is somehow acceptable.
It's not.
January 30, 2014, 02:06:21 PM
That's always a good idea 
All the best for you
All the best for you January 30, 2014, 02:05:33 PM
you did, thanks a lot
I have to sleep a bit about it...
I have to sleep a bit about it...
January 30, 2014, 01:57:26 PM
As I said, I'm not minershare.net. I'm also a customer and they convinced me (check the linked thread and/or contact them yourself) to invest myself and affiliate them because I can take the risk and see the ROI. What "significant" means depends on your investment, please use the calculater which is linked above and enter your predictions. Then you can see if it makes sense or not for you.
KnC delivered in the past (you can google this). I can't tell you when they WILL deliver because themself don't give a date out. You can check their official history here: https://www.kncminer.com/news
Minershare.net themself told me they (not KnC) would give a refund. They have ordered the units already so they don't gamble with your money.
I hope I was able to give you a little help for the right decision for yourself.
KnC delivered in the past (you can google this). I can't tell you when they WILL deliver because themself don't give a date out. You can check their official history here: https://www.kncminer.com/news
Minershare.net themself told me they (not KnC) would give a refund. They have ordered the units already so they don't gamble with your money.
I hope I was able to give you a little help for the right decision for yourself.
January 30, 2014, 01:48:48 PM
Sorry for coming back again with questions...
What is a "significant amount"?
Scans can be manipulated, so how do you verify that they are valid?
Does KnC give the refund or Minershare? If Minershare offers, this can also only be a lip service
Doe you have another link to share about KnC? Did KnC deliver in time in the past?!?
sorry for so many questions, but I am new to this kind of gaming
What is a "significant amount"?
Scans can be manipulated, so how do you verify that they are valid?
Does KnC give the refund or Minershare? If Minershare offers, this can also only be a lip service
Doe you have another link to share about KnC? Did KnC deliver in time in the past?!?
sorry for so many questions, but I am new to this kind of gaming
January 30, 2014, 01:09:27 PM
Hi dawn,
how can you be sure that they will refund the customer?
Another interresting question for me is, why Minershares communicate middle February and KnC Q1/Q2.
The most IT related projects I was participating mean by Q1/Q2 likely middle or end of Q2
how can you be sure that they will refund the customer?
Another interresting question for me is, why Minershares communicate middle February and KnC Q1/Q2.
The most IT related projects I was participating mean by Q1/Q2 likely middle or end of Q2
Because if you invest in a significant amount, they offered to send ID scans. You can check them. About KnC: I've mailed directely with KnC and they don't give more information. Because I've also mailed with them, they told me that when they don't get the hardware till the end of march, they will give their customers the possibility for a refund.
You can find more arguments or information here: https://bitcointalksearch.org/topic/minersharenet-we-sell-bitcoin-miner-shares-4ghs-knc-neptune-1-batch-428116
January 30, 2014, 01:00:46 PM
Hi dawn,
how can you be sure that they will refund the customer?
Another interresting question for me is, why Minershares communicate middle February and KnC Q1/Q2.
The most IT related projects I was participating mean by Q1/Q2 likely middle or end of Q2
how can you be sure that they will refund the customer?
Another interresting question for me is, why Minershares communicate middle February and KnC Q1/Q2.
The most IT related projects I was participating mean by Q1/Q2 likely middle or end of Q2
January 28, 2014, 05:02:58 PM
Everything they are doing, how they communicate, how the portal is built is directed to real live functionality. I say this as IT professional related to hosting and web dev. If they would scam, they wouldn't invest that much time to build everything. This was the reason I've invested into 10 shares and affiliate them. I never would affiliate something what is looking suspicous.
I'm really sure if they would get the needed hardware, they have personal possibilities (hardware is from scandinavia and they are also) to get their money back and refund their customers. It's also covered in their FAQ that they will get the harware at latest at the middle of february.
I'm really sure if they would get the needed hardware, they have personal possibilities (hardware is from scandinavia and they are also) to get their money back and refund their customers. It's also covered in their FAQ that they will get the harware at latest at the middle of february.
January 26, 2014, 04:29:46 PM
...
People will always say that mining doesn't ROI etc. Take a look at this comment and the reply: http://startbitcoin.com/#comment-1189 A year ago people said the same. Even when Bitcoin was worth $6 people said that "you've missed the train" or "bitcoin mining is dead". Makes me wonder, what makes everyone mine if it's been dead for years.
...
People will always say that mining doesn't ROI etc. Take a look at this comment and the reply: http://startbitcoin.com/#comment-1189 A year ago people said the same. Even when Bitcoin was worth $6 people said that "you've missed the train" or "bitcoin mining is dead". Makes me wonder, what makes everyone mine if it's been dead for years.
...
^^Funny but true. Only batch 1 Avalons showed profit for retail buyers.
The rest of the profits were made by the companies selling/reselling ASICs, or people like yourself, selling hashpower to guys who can't math.
Assuming you're honest and aren't simply scamming coins, another common and profitable ASIC business model.
And that's the dream customer. January 24, 2014, 06:14:24 PM
From all I've read, directly buying Bitcoin seems to have a higher likelyhood of being profitable than the best GH/s renting offers I came across, this one included.
If the exchange rate goes up, my investment directly goes up, whatever the difficulty of the moment is. If it drops, I lose a part of my investment but if I were renting some GH/s with Minershare.net, the mining would likely stop altogether if it's not profitable anymore while I still could hold my Bitcoin "coins" as long as I wish for it to recover without worrying about the difficulty increase which would make mining again with my GH/s at Minershare.net later on even less profitable compared to holding my Bitcoin money.
There is enough information at http://www.vnbitcoin.org/bitcoincalculator.php to figure that out.
If the exchange rate goes up, my investment directly goes up, whatever the difficulty of the moment is. If it drops, I lose a part of my investment but if I were renting some GH/s with Minershare.net, the mining would likely stop altogether if it's not profitable anymore while I still could hold my Bitcoin "coins" as long as I wish for it to recover without worrying about the difficulty increase which would make mining again with my GH/s at Minershare.net later on even less profitable compared to holding my Bitcoin money.
There is enough information at http://www.vnbitcoin.org/bitcoincalculator.php to figure that out.
January 24, 2014, 05:24:23 PM
What concerns me about these opportunities is the combining hundreds or thousands of people investing throwaway money, which ends with the potential scammer making tons of money. Each individual didn't lose much and can write it off as a high risk experiment, but that's what makes the scam so great. I'm not accusing you of a scammer, but I wish these mining businesses had minimum commitments of $2-$5k from each investor with the mining business having complete transparency.
I have no problem buying 1 or 2 of the $120 shares, but I'd much rather throw you a few bitcoins for 20-30% of a single miner.
I have no problem buying 1 or 2 of the $120 shares, but I'd much rather throw you a few bitcoins for 20-30% of a single miner.
January 24, 2014, 02:44:36 PM
You are mistaken if they just take the money and deaspear.
I'm considering they are honest but, indeed, that's a potential too... January 24, 2014, 02:36:39 PM
In fact, I don't blame your business model so much, I find it smart from a certain point of view and I wish to succeed in the first place so that everybody "wins".
If the exchange rate with fiat currencies stays the same for the next months, the fact is that 30 GH/s at $120 with mining starting today is an interesting opportunity and you may even break even by mid-February but 30 Gh/s at $120 with actual mining starting in two months is a whole different story. Difficulty might be around 5,000,000 at that time and profitability, half what it is today.
For me, the biggest issue with your offer is that there isn't any fixed length of contract.
I could still manage halved profitability if I know I'll be mining for a year, for example, but when I don't know how long it will last?
I understand it's all about risk/reward and that it's everybody's responsibility to carefully read and understand for themselves what your offer is about but I find this kind of thread useful because some people may just jump on your offer not informed about all that it entails.
Thank you for your answers anyway.
If the exchange rate with fiat currencies stays the same for the next months, the fact is that 30 GH/s at $120 with mining starting today is an interesting opportunity and you may even break even by mid-February but 30 Gh/s at $120 with actual mining starting in two months is a whole different story. Difficulty might be around 5,000,000 at that time and profitability, half what it is today.
For me, the biggest issue with your offer is that there isn't any fixed length of contract.
I could still manage halved profitability if I know I'll be mining for a year, for example, but when I don't know how long it will last?
I understand it's all about risk/reward and that it's everybody's responsibility to carefully read and understand for themselves what your offer is about but I find this kind of thread useful because some people may just jump on your offer not informed about all that it entails.
Thank you for your answers anyway.
January 24, 2014, 12:29:40 PM
My opinion:
From KnCMiner's website for the Neptune miner: "Shipment begins in Q1/Q2 of 2014".
That's not very precise and mining difficulty is increasing all the time (every 10 days or so).
https://www.kncminer.com/news/news-69
So, I would say, you are selling shares of the miners because you don't know yourself when exactly you'll receive them and how much you'll be profitable mining with them or even profitable at all given the mining difficulty increase we have seen in the last months. You're even smart enough to say that you'll stop mining when you costs aren't covered anymore so that you won't lose money. So, with this, you don't risk anything while customers take all the risks upon themselves involving the risk of not having any ROI at all.
Am I mistaken about it?
From KnCMiner's website for the Neptune miner: "Shipment begins in Q1/Q2 of 2014".
That's not very precise and mining difficulty is increasing all the time (every 10 days or so).
https://www.kncminer.com/news/news-69
So, I would say, you are selling shares of the miners because you don't know yourself when exactly you'll receive them and how much you'll be profitable mining with them or even profitable at all given the mining difficulty increase we have seen in the last months. You're even smart enough to say that you'll stop mining when you costs aren't covered anymore so that you won't lose money. So, with this, you don't risk anything while customers take all the risks upon themselves involving the risk of not having any ROI at all.
Am I mistaken about it?
We believe in growth of Bitcoin, after all Minershare wouldn't exist if it wasn't for past growth of Bitcoin.
There is no business that doesn't have any gains. We do have gains indeed. By doing this, we reduce risk, w also get an amazing 20% return in two months even before the mining starts and opportunities to prove ourselves to the Bitcoin public. In return we provide miner shares for anyone interested and anyone who was late on buying the Neptunes. Mining is self regulatory and we believe that there will always be ROI with top notch mining hardware.
People will always say that mining doesn't ROI etc. Take a look at this comment and the reply: http://startbitcoin.com/#comment-1189 A year ago people said the same. Even when Bitcoin was worth $6 people said that "you've missed the train" or "bitcoin mining is dead". Makes me wonder, what makes everyone mine if it's been dead for years.
You are mistaken if they just take the money and deaspear.
"Can we have more information about the company, the address, the owners etc. There's nothing to stop the company from vanishing into thin air..."
"Can we have more information about the company, the address, the owners etc. There's nothing to stop the company from vanishing into thin air..."
That is definitely not a problem. For serious buyers with larger orders we offer providing our ID's and further information about us.
People knowing our address, having ID copies and the fact there is a shipment worth $100k coming doesn't seem too safe for our customers. I hope you can understand this.
Best regards,
Minershare team
January 24, 2014, 11:50:59 AM
You are mistaken if they just take the money and deaspear.
"Can we have more information about the company, the address, the owners etc. There's nothing to stop the company from vanishing into thin air..."
"Can we have more information about the company, the address, the owners etc. There's nothing to stop the company from vanishing into thin air..."
January 24, 2014, 11:44:28 AM
My opinion:
From KnCMiner's website for the Neptune miner: "Shipment begins in Q1/Q2 of 2014".
That's not very precise and mining difficulty is increasing all the time (every 10 days or so).
https://www.kncminer.com/news/news-69
So, I would say, you are selling shares of the miners because you don't know yourself when exactly you'll receive them and how much you'll be profitable mining with them or even profitable at all given the mining difficulty increase we have seen in the last months. You're even smart enough to say that you'll stop mining when you costs aren't covered anymore so that you won't lose money. So, with this, you don't risk anything while customers take all the risks upon themselves involving the risk of not having any ROI at all.
Am I mistaken about it?
From KnCMiner's website for the Neptune miner: "Shipment begins in Q1/Q2 of 2014".
That's not very precise and mining difficulty is increasing all the time (every 10 days or so).
https://www.kncminer.com/news/news-69
So, I would say, you are selling shares of the miners because you don't know yourself when exactly you'll receive them and how much you'll be profitable mining with them or even profitable at all given the mining difficulty increase we have seen in the last months. You're even smart enough to say that you'll stop mining when you costs aren't covered anymore so that you won't lose money. So, with this, you don't risk anything while customers take all the risks upon themselves involving the risk of not having any ROI at all.
Am I mistaken about it?
January 23, 2014, 05:50:18 AM
To be exact: mining stops when our 10% fee doesn't cover the costs. At that point we will ask our customers whether to keep the miners in case Bitcoin price spikes up and they are profitable again or sell them (auction) off and split the money accordingly.
We will accept credit cards soon. If you want to pay by card now, you can use Skrill.
Best regards,
Minershare team
We will accept credit cards soon. If you want to pay by card now, you can use Skrill.
Best regards,
Minershare team
What about this:
"Can we have more information about the company, the address, the owners etc. There's nothing to stop the company from vanishing into thin air..."
January 22, 2014, 03:08:20 PM
To be exact: mining stops when our 10% fee doesn't cover the costs. At that point we will ask our customers whether to keep the miners in case Bitcoin price spikes up and they are profitable again or sell them (auction) off and split the money accordingly.
We will accept credit cards soon. If you want to pay by card now, you can use Skrill.
Best regards,
Minershare team
We will accept credit cards soon. If you want to pay by card now, you can use Skrill.
Best regards,
Minershare team
January 22, 2014, 03:31:39 AM
what exactly means "Shares last as long as they are profitable for both sides." so when it comes what next?
Could You specify more about when it stops be profitable for You?
Could You specify more about when it stops be profitable for You?
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