Topic: scrypt.cc is provably lying about their 850GH/s Scrypt mining - page 4. (Read 13509 times)

yes you are, this is a blatant shill account.


http://thebrazilbusiness.com/article/electricity-prices-in-brazil

blatant shill account.

uhm .. as to the electricity rates .. its not a complete fairy tale because right at the times of power outage there was a huge raise in electricity rates in Brazil, you can search for that ... also its not true that Brazil has one of the highest costs ... theres abundance of electricity thanks to hydroplants... maybe the contract he claimed to negotiate is not impossible dunno. I would like to underline im not trying to defend anybody i really dont know.. few months ago I only knew that there is a bitcoin and im just learning about it

I think part of the reason scrypt.cc is so able to convince these marks they should invest is the longevity of the scam. They are able to claim they've been running since early last year when the truth is that, as far as I can tell, for several months they dropped off the radar somewhat due to 'Admin' claiming to have been hospitalised.

I wonder what level of 'business' they were doing during that period. Because they appear to have suddenly increased their claimed hashrate to absurd levels much later in the year, probably to coincide with the release of actual Scrypt ASIC miners. They do seem to utilise certain events to try and paint an impression that they are legitimate. The timing of their 'power outage' was clearly meant to coincide with a marked drop in LTC hashrate that occurs routinely, so they could assert it was the result of their miners going offline and play with the numbers-on-the-screen to their advantage during the panic.

It would also mean that they'd have a small group of 'investors' who had been swinging the lead for those several months of limited performance from the site but who are likely to be looking at much larger actual profit from being early 'investors' once 'Admin' performed his magical ASIC-making trick and upped the game later in the year.

If you check out the scrypt.cc thread you will see barely anything being posted for the first few months and lots of indicators that people believed it was about to go *poof*! Because it didn't he now has an army of joyous marks who will rabidly defend his amazing 'investment' site for reason that have already been cited here, namely, "Fuck you, I'm getting mine".

Nope, not all ponzi get popular. Many of the newly emerged ponzis are being identified and people won't invest in it at the beginning. What I could say is scrypt.cc's owner is very lucky. Less than 1 in 1000 ponzis could become as successful as scrypt.cc.

All ponzi get popular after some months of paying but do not forget
Ponzi = scam
But ponzi aslo profit if you know how to make it and if you don't close the page.

It is a bit like that.

If God existed and wanted to have people believe in Him, He could prove His existence to us. Write "Hey guys, I'm God and I exist" in the stars or something.

If scrypt.cc was mining and not simply paying investors with their own deposits and wanted to prove it, they could provide proof of solvency, and show us the blocks they are mining. Write "Hey guys, I'm Scrypy.cc and I'm mining" in all the coinbases they mine or something.

Neither chooses to do so. That doesn't prove that they aren't real, but it leaves room for doubts that could easily be avoided.

Is this site claiming to be brazilian based? Brazil's got one of the most expensive energy prices. I am surprised nobody ever took a look at this. I am struggling to mine with solar panels (and being robbed by waldohoover) here. No way somebody is mining 850gh/s in Brazil. He would need to have a gigantic solar farm or steal electricity which would be easy at small scale but very hard at such scale, not to say impossible.
I doubt he is brazilian. Marcelo Santos is a very generic name, Marcelo is one of top 10 first names and santos top 3 surnames.

if this goes by the 0.01% possibility that is not a scam, I would love to visit their farm!

But they wouldnt believe the truth until they get burned ... then you will see them screaming and whining .. they just dont care til they get paid .. its sad but theres no chance driving them away

There is a clear line between convincing a truth and convincing a belief.

Many newbie promoters lately.

Oh man, this really has to be some serious obsession ... I know that your intentions are right but you clearly missing the fact that people who trust scrypt.cc will never believe YOU no matter what, its like trying to convince people 911 was a lie ok? Just cut it out it doesnt make any sense. I joined scrypt.cc about 3 months ago with clear intentions, nobody forced me to do it, its a matter of trust. Like religion. You cant convince people god doesn´t exist if they believe he does and vice versa. And blaming the "greedy investors"? What a fuck. Are you trying to tell me that im robbing some Paul and im taking his money? Should I feel bad about it? Everybody has a piece of meat in the head and its called brain! I took the risk same like Paul did, why you keep telling bullshit about karma and stuff like that? IF scrypt.cc is a fraud its owners own conscience and he is responsible for that.... Im fully aware of some weird stuff happening but you dont know the big picture. and all you can do is have your opinion about it. As I stated before I know you your intentions are right but you also should figure out when its better to just leave it alone.

Peace

as for those who continue to defend them, all I can say is ignorance is bliss; those people want to believe that they will continue to get paid and will not lose their investments, despite being faced with all this evidence against them.

The original Scrypt.cc thread has become a raging debate/flamewar/etc. between those like yourself who see facts and those who continue to defend Scrypt.cc. cryptodevil started this thread to post/discuss his factual research and analysis to ostensibly keep it separate from the other thread. There's unfortunately quite a lot of people who believe SCC will come back from all of this, pay out, keep on trucking, etc.

I thought scrypt.cc was already proven to be a ponzi, and is currently "being hacked" before likely disappearing with the remaining coins; why are people still discussing wether or not its a ponzi?

Easy tiger. Mining's still plenty profitable if you have the right equipment and a decent power rate. But that's you owning your own miners. And Hashnest is still plenty profitable right now. This is a scam thread for Scrypt.cc and not a platform to rant on the general state of mining. I remember you being a pretty reasonable dude when we did Doge deals back in the day...

That's the thing, they don't pay out. Curtain is closed, but few of you people are still sitting in the audience, waiting for the performer to come back.
You should find some more legit sources of income. With ponzi's you are either loosing money, or getting paid with other people's money.

cheers

Ahh yes. "Fuck you, got mine" rears it's ugly head.

Maybe you should takedown that referral link from your signature if you are in agreement that this is a scam site/ponzi

Wow. I feel like this thread started because of me

Good job

Are you trying to say that a cloud mining company is a scam? Say it isn't so

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I don't think the OP is wrong to make this warning to potential investors. Some people are simply naive and are willing to believe nearly anything they are told as long as it "sounds good".

If you were to ignore the fact that pretty much every cloud mining company is some kind of scam, then once you look at the LTC network's hashrate, the network distribution of LTC and the claimed hashrate of scypt.cc, it should be pretty obvious that they do not actually control the hashrate they claim to control/own

I surely agree with you, I don't care with my btc in there because I'll never get ROI..,!
what i believe is scrypt.cc are ponzi!