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Topic: PB Mining -- 5 year mining contracts! - page 104. (Read 379004 times)

hero member
Activity: 616
Merit: 500
October 19, 2014, 12:05:44 AM
Paid.

Purchased 180 GHS (6 x 30) for .288 BTC.

This first payout is very small, only .00158262 BTC,
since those six parts were from one and a half day to
a few hours old at the time of payout. According to the
co´s global stats next payout for a full week should be
around .02 BTC.

legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
October 19, 2014, 12:00:18 AM
This whole operation is lasting longer than I would of thought.  Judging by the decrease in new users I will say things might start to get interesting. 


legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
October 18, 2014, 11:45:29 PM
Haven’t' been up this time of day in a while.

PAID!
legendary
Activity: 994
Merit: 1000
October 18, 2014, 10:49:28 PM
Payday! and , 1st Smiley
sr. member
Activity: 305
Merit: 250
October 18, 2014, 10:00:30 PM
Quote
I emailed PBMining on Tuesday and still no response.

I like this one.  When he posted this it was Wednesday.  Our support is faster than most, I thought.  Just not fast enough!   Wink

It's your fault for giving us good response times. 100% your fault!!!

Everything is resolved Cheesy
member
Activity: 89
Merit: 10
October 18, 2014, 06:58:04 PM
Payday today.
I have 30gh/s that i bought for $23
My payout is looking to be $1.50.
Once payment is clear ill edit the final amount
hero member
Activity: 616
Merit: 500
October 18, 2014, 02:01:53 PM
http://en.wikipedia.org/wiki/Shill

Quote
"Shill" typically refers to someone who purposely gives onlookers the impression that they are an enthusiastic independent customer of a seller (or marketer of ideas) for whom they are secretly working. The person or group who hires the shill is using crowd psychology to encourage other onlookers or audience members to purchase the goods or services (or accept the ideas being marketed).

You really think your customers are retarded don't you?

LOL i dont work for pbmining. its just a referral bonus so i can get more hash power

Well, jimmo sounds really desperate so I guess he´s the perfect counter-indicator here.

Deal looks very good, I´m buying.
hero member
Activity: 616
Merit: 500
October 18, 2014, 10:35:46 AM
http://en.wikipedia.org/wiki/Shill

Quote
"Shill" typically refers to someone who purposely gives onlookers the impression that they are an enthusiastic independent customer of a seller (or marketer of ideas) for whom they are secretly working. The person or group who hires the shill is using crowd psychology to encourage other onlookers or audience members to purchase the goods or services (or accept the ideas being marketed).

You really think your customers are retarded don't you?

LOL i dont work for pbmining. its just a referral bonus so i can get more hash power

What´s in it for me ?
legendary
Activity: 1736
Merit: 1001
October 18, 2014, 09:04:31 AM
I dont want to start up again but im thinking pb has 75% chance of being a scam.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
October 18, 2014, 05:33:58 AM
We want proof

Please don't ask that again. He will not reply to that question, you will continue posting it. There is nothing you can do. If you can't invest, just avoid it.

   ~~MZ~~
hero member
Activity: 532
Merit: 500
October 18, 2014, 05:03:04 AM
We want proof
legendary
Activity: 2170
Merit: 1427
October 18, 2014, 04:55:18 AM
Calm down peeps, some of you think it's a ponzi, and some of you don't.

As long as people getting their weekly payments, and they all do, they are delivering what they promise.

hero member
Activity: 770
Merit: 509
October 17, 2014, 11:31:48 PM
LOL i dont work for pbmining.

Not only do you work for pbmining, but you're probably the sole employee of this ponzi scheme. I have no doubt you are just trying to weasel your way out of this slip up.

PBmining literally said "What I was saying is that they've paid out more than 100% of the btc" or something along those lines which actually was what johnnybtc was saying.

Either he was practicing his acting skills, or he posted on the wrong account while shilling.

But in the rare chance that I'm wrong I'd love to hear PBminings explanation as to why he made a post pretending to be you.

I'm sure some idiots (or shills) will buy your BS just like how some people actually believe the coin mixer was implemented for privacy purposes.
hero member
Activity: 770
Merit: 509
October 17, 2014, 10:59:15 PM
http://en.wikipedia.org/wiki/Shill

Quote
"Shill" typically refers to someone who purposely gives onlookers the impression that they are an enthusiastic independent customer of a seller (or marketer of ideas) for whom they are secretly working. The person or group who hires the shill is using crowd psychology to encourage other onlookers or audience members to purchase the goods or services (or accept the ideas being marketed).

You really think your customers are retarded don't you?
hero member
Activity: 770
Merit: 509
October 17, 2014, 10:48:14 PM
Anyone else just notice PBmining slip up his shilling?

He just posted a response "What I was saying ....." as if he was JohnnyBTC. Then he edited the post to fix his mistake "As customers are saying..."

Unfortunately refreshed the page after he deleted the post so I have no proof so maybe someone else can confirm this.

I have to admit, good job shilling (besides that minor slip up). I would have never guessed JohnnyBTC was a shill account based on his post history.

what is 'shilling' anyway?

Nice try but anyone with internet access can easily look up the definition of a shill.

At least you posted on the right account this time.
legendary
Activity: 1274
Merit: 1004
October 17, 2014, 09:20:14 PM
Anyone else just notice PBmining slip up his shilling?

He just posted a response "What I was saying ....." as if he was JohnnyBTC. Then he edited the post to fix his mistake "As customers are saying..."

Unfortunately refreshed the page after he deleted the post so I have no proof so maybe someone else can confirm this.

I have to admit, good job shilling (besides that minor slip up). I would have never guessed JohnnyBTC was a shill account based on his post history.
It wouldn't be surprising if that was the case. If he was doing this, you would expect several of the early investors that have done well to be shills/alts for this account.
hero member
Activity: 770
Merit: 509
October 17, 2014, 09:04:44 PM
Anyone else just notice PBmining slip up his shilling?

He just posted a response "What I was saying ....." as if he was JohnnyBTC. Then he edited the post to fix his mistake "As customers are saying..."

Unfortunately refreshed the page after he deleted the post so I have no proof so maybe someone else can confirm this.

I have to admit, good job shilling (besides that minor slip up). I would have never guessed JohnnyBTC was a shill account based on his post history.
hero member
Activity: 770
Merit: 509
October 17, 2014, 08:03:24 PM
ROI seems so steady above 100% though. how does a ponzi last so long? i think they are making profit somehow. it looks like more money has been paid back than paid in sooo maybe they sell bacon  Cool

They just need to keep getting new customers to pay out the old ones.

Look at the "sent" chart: https://www.blocktrail.com/address/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

They've had a steady increase in customers/payouts until around a month ago.

So far ROI has been only ~10% for the early birds and that can easily be covered by new customers payments.

Some contracts were priced to the point they will never ROI and new contracts will not break even in less than ~6 months so this ponzi could easily last a while.
legendary
Activity: 1274
Merit: 1004
October 17, 2014, 07:53:35 PM
ROI seems so steady above 100% though. how does a ponzi last so long? i think they are making profit somehow. it looks like more money has been paid back than paid in sooo maybe they sell bacon  Cool
You can pay above 100% to the initial investors as long as you have more money coming in than you're having to pay out.
This would actually probably be a lot easier ponzi to run than Pirate's was, since you don't ever have to worry about an early whale wanting to withdraw his stake.
hero member
Activity: 770
Merit: 509
October 17, 2014, 06:27:49 PM
Thank you for the detailed numbers, very interesting to see the differences.

I think the people that buy these contracts are well aware of the risks, and as with all investments, risk is not something you can put aside.

People are satisfied as PBmining delivers week on week payments, and I'm sure they will do so in the future as well.

It's up to PBmining to decide whether they will demonstrate their hardware or not, for me personally it won't change anything.
They don't even need to demonstrate the hardware, they just need to demonstrate the 2.7PH/s of hashpower they have. That much power is pretty apparent on the network, it's about the same amount as  Bitminter or P2Pool. Where are the blocks?
https://blockchain.info/blocks/CloudHashing
https://blockchain.info/blocks/KnCMiner
https://blockchain.info/blocks/Unknown%20with%201BX5YoL%20Address (Cointerra)

Currently "unknown" pool is hashing with 21% of the total power. It's probably a collection of several mining services combined?

Yes and at any point PBmining could just say "to prove we are not a ponzi, here is our mining address which anyone can clearly see is mining with ~2.7PH/s".

The only side effect from doing this would be transforming the skeptics(probably 90% of the people who see their ads) into customers and making tons of money.

But apparently Mr Pbmining doesn't like making tons of money because he refuses to prove his company is not a ponzi and thus limiting his customer base to nothing but gamblers and financially ignorant investors.

Seriously why would Pbmining NOT want to double the amount of customers they have? The answer is really quite simple. (it's a ponzi)

Here's more proof if you're not convinced:


Hmm.  That could have easily been insurance kicking in if our hardware didn't have 100% uptime for that week.  Not sure though, since it's such a small amount I would have to dig through the logs.  It could have also bounced back unintentionally -- which could possibly explain why we have had excess Bitcoins in the payday wallet for quite awhile now (around 8 BTC - 15 BTC after each payout).  Smiley

Either way, things appear to be running very smoothly. 

Here are just a few more instances you've paid from the "insurance fund(s)"

https://bitiodine.net/a2a/1HammmJ8zaGVHicRxTPRDMdfGCujrfZc8y/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1PBackwRV1rHvDpqkYRTR9WCEEEMEwuSrJ/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1Bacon6DCo11jrXMvm39sgTxhRG9bRjQWy/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1FeedQtUArhfWVGuVH13dX8dbf5XqqqJSq/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1Porky8h4XMoM1RbtTHe7ZpPAe7DpE79Hb/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1BaconH9L8CQ9eGJkjDqN28Pw8v8Rzbp6f/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1Bacont6QxTg3SxfqEG5gfiqefGMCeSNqs/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1PiGgYR36C3VdCP9k2zQLrp1ZvDQNdQsre/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1BaconV3vARfyvKDMCbfZ5rE6acstH6GFV/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

https://bitiodine.net/a2a/1PorkyB6s8Tb7JU8QiBpreD159iW6aaSWt/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

Just curious do you ever pay from the mining fund? I'm having a hard time finding any payments that originate from mining.
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