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Topic: PB Mining -- 5 year mining contracts! - page 3. (Read 378916 times)

legendary
Activity: 924
Merit: 1001
December 09, 2014, 11:01:49 AM
how I did what? Change the payout address? I didn't do it, but there's a button to change this after you
logged in.

I didn't check if it works as it should, but as I only sell to people who know the status quo, the buyer bets on
pbmining continuing to pay and continuing customer service. So if the dashboard isn't working properly
this would be a problem of the buyer, especially as I clearly advise agains buying a pbmining account.
Don't you agree? As I think about it, I should include this specific information as part of the sales
negotiations: "There is an option for changing the payout  address, but notice that I didn't use it
up to now and I cannot guarantee that it works as designed."

I mean how did you make the exchange? Did you just change the password and essentially sell that log in to them? If so did you have escrow going on? The change of address they can do handily enough I am sure.
legendary
Activity: 1022
Merit: 1004
December 09, 2014, 10:53:07 AM
how I did what? Change the payout address? I didn't do it, but there's a button to change this after you
logged in.

I didn't check if it works as it should, but as I only sell to people who know the status quo, the buyer bets on
pbmining continuing to pay and continuing customer service. So if the dashboard isn't working properly
this would be a problem of the buyer, especially as I clearly advise agains buying a pbmining account.
Don't you agree? As I think about it, I should include this specific information as part of the sales
negotiations: "There is an option for changing the payout  address, but notice that I didn't use it
up to now and I cannot guarantee that it works as designed."
newbie
Activity: 59
Merit: 0
December 09, 2014, 10:50:03 AM
yeah i have no problem, I'm also selling my pbmining accounts  (have already found a customer, though).
I think there is no way to have the mail address changed now, so you should be ready to give away the
email credentials. Changing the payout address should be easy.

Cool, can you PM me how you did it precisely?


I`m interested to hear too Shocked
legendary
Activity: 1274
Merit: 1004
December 09, 2014, 10:49:26 AM
That's not his real name
I know.
But it's the same one he's used in the past. And it does relate to his real name.

Edit. It relates to his real name the same way that Vince Neil's name does.
Out of curiosity, what did you think his real name was?
legendary
Activity: 924
Merit: 1001
December 09, 2014, 10:44:40 AM
yeah i have no problem, I'm also selling my pbmining accounts  (have already found a customer, though).
I think there is no way to have the mail address changed now, so you should be ready to give away the
email credentials. Changing the payout address should be easy.

Cool, can you PM me how you did it precisely?
legendary
Activity: 1022
Merit: 1004
December 09, 2014, 10:43:57 AM
yeah i have no problem, I'm also selling my pbmining accounts  (have already found a customer, though).
I think there is no way to have the mail address changed now, so you should be ready to give away the
email credentials. Changing the payout address should be easy.
legendary
Activity: 924
Merit: 1001
December 09, 2014, 10:41:53 AM
yeah these are the junk bonds  of bitcoin land Cheesy

There are always people who like a discount and might bet that a cheap buy from us will ROI for them. But my word is it not easier to transfer them with no admin support.
legendary
Activity: 1022
Merit: 1004
December 09, 2014, 10:40:53 AM
yeah these are the junk bonds  of bitcoin land Cheesy
legendary
Activity: 924
Merit: 1001
December 09, 2014, 10:38:49 AM
OK, although interests in contracts are low surely some people may risk buying them. Is it possible for us to work together to set up a marketplace/escrow system ourselves? One that explicitly tells people they are buying highly discounted contracts for a site that is assumed to be a ponzi. I have had people interested who like to take a risk but it's hard to do it given that there is no site support anymore. So we'd need to be creative to exchange.
legendary
Activity: 1274
Merit: 1004
December 09, 2014, 10:14:09 AM
I'm compiling a bunch of information to further my report, and since I haven't been around from the start I'd like a little help. I have a bunch of addresses used by PBMining, but what I'd like to build is a list that is as complete as possible of all the PBmining input (1Bacon, 1Piggy, etc) and output (1Payday) addresses used by PBmining.

Does anyone have any partial lists they can contribute/
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
December 09, 2014, 09:03:31 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.

They can increase the maintenance costs but need to provide bills to prove they have higher costs.
If they mine they should get mining revenue in accordance to what is to be expected with the current difficulty and the hash power they have minus the maintenance costs.

If they cannot provide any bills or pool payments, you would theorically have a case against them.

maintenance costs were built into the initial contract cost, so the payouts should be exactly in line with the network difficulty, no less.

Yeah, I understand that, but should?
I am not an 'investor' in this so I can't access their T&C, but somewhere in this thread I read an excerpt which basically said "We can do what we like and you have no redress".
I know that in contract law you cannot have clauses that are onerous or deprive the signee of their legal rights.
Could someone please share the T&C's here?
hero member
Activity: 854
Merit: 503
December 09, 2014, 08:53:34 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.

They can increase the maintenance costs but need to provide bills to prove they have higher costs.
If they mine they should get mining revenue in accordance to what is to be expected with the current difficulty and the hash power they have minus the maintenance costs.

If they cannot provide any bills or pool payments, you would theorically have a case against them.

maintenance costs were built into the initial contract cost, so the payouts should be exactly in line with the network difficulty, no less.

yes and a contract is a contract. so its highly illigal if he dont pay
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
December 09, 2014, 08:50:07 AM
I told you all it was a scam, an obvious scam that only the greedy and stupid would fall for.

You all called me a troll and an idiot.

I told you in April that I knew PBMining was a scam and I knew who they were:

https://bitcointalksearch.org/topic/m.6174490

Now who's the troll and the idiot?

 Roll Eyes



You said you would doxx them, you didnt, other people did. Don't even come here now to seek attention.
If you would have cared about the people you would have came out with your information way before the others.

I said I would when they ripped people off, someone beat me to it.

Are you one of the gullible idiots who didn't listen

sr. member
Activity: 434
Merit: 250
December 09, 2014, 08:43:24 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.

They can increase the maintenance costs but need to provide bills to prove they have higher costs.
If they mine they should get mining revenue in accordance to what is to be expected with the current difficulty and the hash power they have minus the maintenance costs.

If they cannot provide any bills or pool payments, you would theorically have a case against them.

maintenance costs were built into the initial contract cost, so the payouts should be exactly in line with the network difficulty, no less.
hero member
Activity: 1022
Merit: 500
December 09, 2014, 08:36:02 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.

They can increase the maintenance costs but need to provide bills to prove they have higher costs.
If they mine they should get mining revenue in accordance to what is to be expected with the current difficulty and the hash power they have minus the maintenance costs.

If they cannot provide any bills or pool payments, you would theorically have a case against them.
sr. member
Activity: 434
Merit: 250
December 09, 2014, 08:28:59 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.

Why do you know that he is still pay out?

He pays every Sunday, does he not?
He paid last Sunday, a little late.
Therefore payment is up to date.
Even if he announced negative payments this Sunday i.e. a weekly loss, would that be illegal?
Outrageous maybe, but illegal?
 

yes. ponzi schemes are illegal. in this case, a ponzi scheme which purports to be something that it is not.
highly illegal
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
December 09, 2014, 08:27:25 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.

Why do you know that he is still pay out?

He pays every Sunday, does he not?
He paid last Sunday, a little late.
Therefore payment is up to date.
Even if he announced negative payments this Sunday i.e. a weekly loss, would that be illegal?
Outrageous maybe, but illegal?
 
hero member
Activity: 854
Merit: 503
December 09, 2014, 08:19:32 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.


Why do you know that he is still pay out?
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
December 09, 2014, 07:53:54 AM
From a strictly legal point of view and bearing in mind their T&C, while PB continue to pay anything, no matter how small, is there actually a case to be made against them?
They haven't defaulted in any way, the site is still up and payments are being made. What do you say when you make a report to whatever authorities? "Well, it was paying out a lot, now not so much. I WANT HIM ARRESTED."
To be clear, I very much lean to the ponzi explanation, so please, no shill accusations.
sr. member
Activity: 430
Merit: 500
December 09, 2014, 07:48:50 AM
If customrs have not been ripped off (i know, that the last payment was done!), why is the miner running at only 10%?HuhHuh?

I have more than 6000 GHS and only 10% results this week shown on the stats.

This scam is most likely to end soon
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