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Topic: Recovery program beginning in January for PB Mining customers. - page 4. (Read 143904 times)
March 03, 2015, 04:54:01 PM
March 03, 2015, 12:55:51 AM
op last post in mid january. So i think this recovery program will become bad ending. They only pay you with small amount of BTC (dust i say). Shady operation from beginning, too bad many people fall with this scheme
March 02, 2015, 06:18:04 PM
he said he delete the old formula post right after, jan 2014 is near beginning of service. the quote is from old time and has nothing to do with insurance dinkerplinker
Correct.
https://bitcointalksearch.org/topic/m.9742781
Quote
That is quoted from January, and was deleted after, as we changed our formula to include other factors.
"changed the formula" and didn't publish it. This was a shady operation from the beginning.
March 02, 2015, 04:58:07 PM
so the early birds who reached full ROI anyway should get even more? fuck the later customers who need recover the most? wut do u really sit there plinkin at?
I'm not trying to say that at all. In fact, I believe he actually stopped sales right around the time the formula changed to "A - B = C" so then there should be either very few people who paid for contracts under the new payment scheme, or none at all. I'm showing people that he has broken his contract with (possibly) all customers.he said he delete the old formula post right after, jan 2014 is near beginning of service. the quote is from old time and has nothing to do with insurance dinkerplinker
March 02, 2015, 04:44:27 PM
so the early birds who reached full ROI anyway should get even more? fuck the later customers who need recover the most? wut do u really sit there plinkin at?
I'm not trying to say that at all. In fact, I believe he actually stopped sales right around the time the formula changed to "A - B = C" so then there should be either very few people who paid for contracts under the new payment scheme, or none at all. I'm showing people that he has broken his contract with (possibly) all customers. 
March 02, 2015, 04:26:07 PM
Well i am glad he/they try to get something restored, and i kinda hope btc prices go up back to over 300 bucks so it would make/pay at least some of my power consumption
We are still a very long way from where btc was 12 months ago ... Hopefully those prices will come again March 02, 2015, 04:19:32 PM
Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?
Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here:
https://bitcointalksearch.org/topic/m.9743464
Quote
A - B = C
Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.
Quote from: [email protected]
Hash power efficiency will never change from what it is now, even if we have technical issues. Our insurance covers you so that you will always receive the proper payments.
So technically, it looks like he broke his own contract with early purchasers.
so the early birds who reached full ROI anyway should get even more? fuck the later customers who need recover the most? wut do u really sit there plinkin at?
March 02, 2015, 03:44:00 PM
Well i am glad he/they try to get something restored, and i kinda hope btc prices go up back to over 300 bucks so it would make/pay at least some of my power consumption
March 02, 2015, 03:20:23 PM
Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?
Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here:
https://bitcointalksearch.org/topic/m.9743464
Quote
A - B = C
Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.
Quote from: [email protected]
Hash power efficiency will never change from what it is now, even if we have technical issues. Our insurance covers you so that you will always receive the proper payments.
So technically, it looks like he broke his own contract with early purchasers.
March 02, 2015, 01:18:28 PM
Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?
Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here:
https://bitcointalksearch.org/topic/m.9743464
Quote
A - B = C
Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.
March 02, 2015, 11:50:47 AM
The payout counter has slowed down considerably again.
March 02, 2015, 11:26:37 AM
PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?
Why would he stop? these dust payments have convinced several people here to hold off on pursuing legal action/going to the authorities. If passing out a few pennies could keep you out of jail wouldn't you do it?
Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?
Nobody knows because the marks in this thread think that him giving back .0000001% of what they gave him proves it isn't a scam and are remaining bent over to take it.
March 02, 2015, 06:27:56 AM
PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?
Why would he stop? these dust payments have convinced several people here to hold off on pursuing legal action/going to the authorities. If passing out a few pennies could keep you out of jail wouldn't you do it?
Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?
March 01, 2015, 10:35:08 PM
PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?
Why would he stop? these dust payments have convinced several people here to hold off on pursuing legal action/going to the authorities. If passing out a few pennies could keep you out of jail wouldn't you do it?
March 01, 2015, 05:51:51 PM
They rely on constant incoming funds to keep the company rolling.
I wonder if there is a name for such a business plan...
LMFAO
March 01, 2015, 05:48:57 PM
They rely on constant incoming funds to keep the company rolling.
I wonder if there is a name for such a business plan...
March 01, 2015, 05:40:10 PM
PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?
I think the payments we see each week are coming from the hardware he really does own or has a contract for with other companies. Where the whole thing fell over was when he began over selling the hardware ... That's not uncommon, it appears all cloud miners do it to a greater or lesser extent. They rely on constant incoming funds to keep the company rolling. March 01, 2015, 05:09:06 PM
PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?
March 01, 2015, 03:02:18 AM
FWIW, my last four payments have all been getting slightly bigger.
0.00006238
0.00006272
0.00009102
0.00012235
The last one was twice as much as the first one. Still peanuts though.
0.00006238
0.00006272
0.00009102
0.00012235
The last one was twice as much as the first one. Still peanuts though.
March 01, 2015, 02:54:10 AM
Hi there These GH/s for who is?These Few fake accounts of his own
pbmining.com/statsinfo.html?sort=7
I think those will be 10% commissions from people that used the affiliate scheme they had running. pbmining.com/statsinfo.html?sort=7
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