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Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm - page 5. (Read 71004 times)

sr. member
Activity: 378
Merit: 250
It seems like Chris has his hands full with a huge operation. Plus, from my own experience running crypto based operations, I'm sure his inbox blows up every day with questions and demands from terrified people who invested their rent money. I would recommend cutting him some slack. His operation has been around for a while now, he is not anonymous, and apart from some late payments, no one has been scammed. It seems like every week people are posting "have you been paid yet???!!! I haven't been paid yet!!!" Fear and desperation. I just hope that he doesn't get fed up with all of the grief many people cause him. This is a good deal we have here. Take a breath and try to relax.

I think this is a pretty fair assessment of the situation... but I think it's pretty clear he needs to invest in more support resources, because even with all of the panicky "noise" that probably takes up 99% of his inbox, 1% are valid (of course I made these percentages up) and are, for the most part, not getting responses.

Plus, I think he's making questionable decisions like having another sale (which appears to be having the same multiple orders to one BTC address issue) in the midst of legit service issues.

IMO, I would have suspended new orders made 100% sure the back-end stuff was fixed, previous week payout issues resolved and then opened up ordering again...

I also hope if there are still issues after this batch of payments, that he does the above and also resolve payments before worrying about escrow and even multiplication.

legendary
Activity: 1400
Merit: 1050
full member
Activity: 172
Merit: 100
hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
All you have to do is log in. It will automatically validate your account.
hero member
Activity: 812
Merit: 1000
well said!
what about the adresses validation? i don't see any "validation" button or anything like that in my acount
hero member
Activity: 845
Merit: 1000
Whale Watchers and Pinnacle Brilliance founder
It seems like Chris has his hands full with a huge operation. Plus, from my own experience running crypto based operations, I'm sure his inbox blows up every day with questions and demands from terrified people who invested their rent money. I would recommend cutting him some slack. His operation has been around for a while now, he is not anonymous, and apart from some late payments, no one has been scammed. It seems like every week people are posting "have you been paid yet???!!! I haven't been paid yet!!!" Fear and desperation. I just hope that he doesn't get fed up with all of the grief many people cause him. This is a good deal we have here. Take a breath and try to relax.
legendary
Activity: 1022
Merit: 1001
payouts are still missing??
payout at 6:00 utc (which makes sense if we assume the best) since there are 24h lockdown on non validated account and that information had been known to those who didn't know about 3hours after standard payout date, if he wants to include them, he has to wait 24hour too...)

well 6utc is 11pm eastern correct?

Its changed to 10:00 UTC
full member
Activity: 126
Merit: 100
Fierce, The Legend
Like djm34 said... send me my 3btc first and I'll show you how.   Grin

Can't transfer gen2's yet.

you owe me 10 btc...
full member
Activity: 169
Merit: 100
payouts are still missing??
payout at 6:00 utc (which makes sense if we assume the best) since there are 24h lockdown on non validated account and that information had been known to those who didn't know about 3hours after standard payout date, if he wants to include them, he has to wait 24hour too...)

well 6utc is 11pm eastern correct?
legendary
Activity: 1400
Merit: 1050
payouts are still missing??
payout at 6:00 utc (which makes sense if we assume the best) since there are 24h lockdown on non validated account and that information had been known to those who didn't know about 3hours after standard payout date, if he wants to include them, he has to wait 24hour too...)
full member
Activity: 169
Merit: 100
payouts are still missing??
hero member
Activity: 756
Merit: 501
Like djm34 said... send me my 3btc first and I'll show you how.   Grin

Can't transfer gen2's yet.
full member
Activity: 126
Merit: 100
Fierce, The Legend
If i split the cost of a gen2 purchase with a friend how do we transfer the gen2 shares from his account to mine???
send him 3 btc and hope for the best

(not sure it is really a good time to buy... tbh...)

They are $295 less 49%, but iis there the ability to transfer gen2 shares or only asic?
legendary
Activity: 1400
Merit: 1050
If i split the cost of a gen2 purchase with a friend how do we transfer the gen2 shares from his account to mine???
send him 3 btc and hope for the best

(not sure it is really a good time to buy... tbh...)
full member
Activity: 126
Merit: 100
Fierce, The Legend
If i split the cost of a gen2 purchase with a friend how do we transfer the gen2 shares from his account to mine???
member
Activity: 79
Merit: 10
I would agree to the above statement that, at this moment, it's pretty risky to buy more... at least in my opinion. We have the following:

- Missing payments from last week still being reported (with a couple of claims from payments missing from a couple weeks)
- Missing affiliate payments from this week being reported
- No update or replies from Chris on these issues

I too am waiting on an affiliate payment, though nothing in my account was changed and nothing on lockdown. Also have sent an email asking for an update, no reply.

For me, I wouldn't consider anything until Chris gets back on track and we have a few uneventful weeks without major issue.


And now he is delaying payments for everyone. For 24 hours.
sr. member
Activity: 378
Merit: 250
I would agree to the above statement that, at this moment, it's pretty risky to buy more... at least in my opinion. We have the following:

- Missing payments from last week still being reported (with a couple of claims from payments missing from a couple weeks)
- Missing affiliate payments from this week being reported
- No update or replies from Chris on these issues

I too am waiting on an affiliate payment, though nothing in my account was changed and nothing on lockdown. Also have sent an email asking for an update, no reply.

For me, I wouldn't consider anything until Chris gets back on track and we have a few uneventful weeks without major issue.
newbie
Activity: 43
Merit: 0
Or production cost of his shares is <1$/Mh and Chris is leading us by the nose by selling more and more profitable products every time we think "it cant be more cheaper"...
Even if this is true, we cant even compare cs I doubt some other mining hardware developers will ever reveal the actual prod. cost or how much do they gain by selling us hardware.
Yet, if...
legendary
Activity: 1456
Merit: 1000
New coupon code posted in case anyone missed it.

"For a proper goodbye, a one day limited usage coupon is issued, “goodbyereferralsystem”, with 49% discount rate. Since coupon is limited in usage, please do not use it unless you plan to buy something."
ffs... just before payday. This smells so bad...
There'are not even calculations for today in Farm Payments.

This is very true. I don't mean to give a blanket endorsement for buying more shares. There are people reporting 100+BTC still missing from last week's payments. This is a very risky time to invest. You are basically betting on LTCgear being a legit company despite the short falls over the past few weeks. Over at ltcgearcalc.com, it reports a 29 day ROI with this deal and even a 19 day ROI if the shares happen to count for this week's payout.
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