Topic: Scrypt.CC | Scrypt Cloud Mining - page 419. (Read 750572 times)

My KHS become negative and in order (action) cant use cancel...the trading board and in order was stuck !!! can any one experiencing same as mine??

Well they can't keep their hatred of Russia out of their naming convention for starters!




The above shows that the triplet of users mentioned are active in various 'cloud mining' threads, both supporting the scam while abusing anybody who asks 'difficult' questions, as well as their frequent citing of cmmonitor.com as an 'independent' reviewer which, as was already discovered by the above user back in January, are anything but.

Review sites using referral links are just as shameless scammers as the scams they are advertising. Even the simple fact that a site uses those reff links in or after review clearly shows that they are either paid shills or don't care at all about professional journalism.

That's interesting.  30,000 BTC is a staggering amount.  How did you come to the conclusion that it's a Ukranian syndicate?

This is where I think many people in the community are failing to understand in terms of the size of these criminal gangs and the reach of their operations. Scrypt.cc alone has over 30,000 btc go through https://blockchain.info/address/1HWqsgnSd12Gv8SpoUMi1Cj8hp79BTSpW7 there is no reason to believe it is just this user 'Admin' who supposedly lives in Brazil and has multiple DC's with millions of dollars worth of scrypt ASIC miners but can't put together a decent website or cope with support tickets in any reasonable time frame or, for that matter, do *anything* to prove 'he' is even in possession of that much hashrate.

Multi-million-dollar scams have every reason, however, to make sure there are 'review' sites that their 'marks' can visit to see they are totallynotscamright?

The Ukrainian criminal gang who are also running cloudmining.website are the same ones running scrypt.cc and most likely a number of other ops, particularly those which were shorter-term in operation but featured on ccmonitor.com as 'paying' for a period of time until they folded. As I said, clever tactic, steal money with a short-term scam and then use the longer-running ops to 'prove' to the poor sucker they'd be better off investing in this totallynotascam scheme.

You know, something kinda interesting: I posted some critical comments about scrypt.cc on a few review sites.  They weren't just random, "this is a scam."  It was more of the same stuff about how to analyze a particular coin's profitability and all that.  With references and links.  They never made it out of moderation.  I tried again, same thing.  I couldn't believe it.  They may have no association with scrypt.cc.  Most review sites are just there to generate referrals so maybe they just didn't want anything toob negative.  But either way, I was like, I'm actually being censored.  It was really eye-opening.

Your point is perfectly reasonable without needing to reduce it to arbitrary 'guesstimates' as to what might equate to 'enough' for a scammer. As you said, Bernie Madhoff never stopped even when he was in the billions so the idea that a scam isn't a scam because the perpetrators could have run off by now simply isn't reasonable.

As I've also pointed out, there's no evidence whatsoever that 'Admin' is even in Brazil and every reason to suspect that it is actually a group of Ukrainians running a number of ponzi schemes, from short-term take-the-money-and-run, to longer term hey-we're-still-here-so-you-know-totallynotscamlikethatotheronewhichstoleyourmoneyafterbeingopenforacoupleofmonths, to even promoting their own Ukraine-based totally-independent-third-party-review-site which is clearly part of the same criminal gang who mix in some ASIC-manufacturer-owned cloud mining services in with their ponzi 'cloud mining' sites in order to pretend they aren't what they clearly are.

SpanishSoldier, GermanGiant and RussianRainbow - The Ukrainians couldn't help themselves but give the Russian username a 'gay' reference.

I mean, to be happy with that and get out.  I would expect a scammer to want to make a lot more.

WHAT?? lol

We all have to make our own decisions with the information we have available and if knowing that this guy has $600,000 worth of bitcoins makes you feel comfortable, I don't think anything can dissuade you.

Personally, I think $600,000 is a ridiculously small amount of money for running a scam for over a year.  I have been reading a lot about Ponzi schemes that the SCC investigates and people don't stop at a million or even 10 million.  Some scans run in excess of 20 years and bring in 100 million+ before they are shut down. 

I really don't think it's wise to say, "ok, let's suppose this guy is a scammer.  I know how much he would be happy with."  It's kind of foolish for someone to assume they can determine the limits of someone else's greed.  By that logic, Bernie Madoff would have stopped at, well, a small amount like 10 billion.  We all know he didn't.

I think it's safe to assume that a scam will run until it's no longer profitable.  Scrypt.cc has a legion of extremely dedicated followers that dominate the debate on the various forums and give newcomers a false impression that scrypt.cc is "the best option" for cloud mining.  The owner of scrypt.cc is a classic con man.  He has built his entire operation through the force of his personality and by interacting directly with his investors.  I believe that con men like him get a lot of pleasure out of being respected by so many.  I expect Scrypt.cc to be around for a while. 

The interesting thing about all this is that I gave you and everyone else the tools necessary to do your own analysis and construct a hypothetical portfolio that would justify scrypt.cc's mining performance and I was pretty much completely ignored.  I guess I'm not totally surprised but I thought someone might give it a go.

One last note, I'm not anti-cloud mining and think everything is a scam.  If you viewed the leaderboard over the last few months, you may have seen me under the handle "Anthony."  I was number 6 before I cashed out.  When dealing with tens of thousands of dollars you are forced to be a little more critical. 

I usually don't mention this cuz people just say I'm full of shit (except those that actually saw it happen in the chat) but back when Admin used to say anyone can go visit the farm, I set up a visit and hired a freelancer in Brazil on a site called elance to conduct the visit.  Admin never made contact with the guy, he didn't answer my tickets asking what had happened, and the next time I went in chat, it was disabled and although for a short time, I could create a new account and access the chat, now every account is disabled and I haven't been able to talk to him.  So take that for what it's worth.

*raises hand*

How do we *know* the site owner lives in Brazil?

I 'assume' it is because you 'assume' it to be true, just like you 'assume' evidence of the scam not ending yet is evidence of it not being a scam.

Do you even logic, brah?

Thanks for the info, as you are aware already I have been with scrypt.cc for over a year and do not believe in any way it's a ponzi however several people are in complete disagreement with us.

So, at any stage over the last 6-12 months, the site owners could shut down scrypt.cc and walk away with around 1000BTC yet the still keep operating?  Hmmm, that def screams ponzi to me (/end sarcacsm).  Maybe they're just greedy and want 2000BTC so they'll keep the site running another year.....lol.

In any case, I'm happy withdrawing daily and spending my well earnt bitcoins!!

Now with trollbox up and going once more we should expect whales to start making their moves, but as it's night time on the biggest markets (low users on chat) and that not everybody knows it's back and up they should start their moves only in a few more hours (i expect 10h) we should se spikes and deeps then.. Prices should float around 1100-950 this next day.

I wish Bitcoin could rise back up to $300 already!

Back to normal and the trollbox is back. The price is good, just under 1000. Shit seems weak though at the moment and BTC is in the crapper as usual. So, this reward may not be sustainable. We´ll see.

chatbox is down 
but rewards are still flowing 
i hope cashout has no problem 

All right, you want me to provide a data based, verifiable counter argument?

Take a look at this blockchain
https://blockchain.info/address/1HWqsgnSd12Gv8SpoUMi1Cj8hp79BTSpW7

This is the wallet of the site owner, as you can see, it has about 983 BTC in it(at the time of this post being written), with a total of 30689 BTC received. I got this address in the chat back in May 11 when scrypt.cc had the data center problem where all of their mining power were shut off and they had to move to a new DC, people somehow found it.

With this amount of BTC, all the owner need to do right now is shut down the site and take all the Bitcoin away, because 983 BTC is around R$697,916(he lives in Brazil) right now, depending on how high BTC to Brazilian Real rises. That is a lot of money by Brazilian standards, the guy could shut the site down and buy a house and/or nice car with that amount of money, but he never did it, the site had been around for more than a year and it is still up and kicking.

This is the cost of living in Brazil, recently updated data:
http://www.numbeo.com/cost-of-living/country_result.jsp?country=Brazil

And this is the average salary of people in Brazil earns:
http://www.salaryexplorer.com/salary-survey.php?loc=30&loctype=1

As you can see, only the highest paying job can last a person a month if they want to live a middle class life, if they got a family, that is a different story. This is only general data, no city within Brazil are specified

We don't know what his actual living condition is, but let's assume that he is renting a 1 room apartment in the city center(R$1174), basic costs(R$206), and internet(R$73), I picked these three because this is what he need to actually manage the site, in a year, he would have to spent
R$17412 just for these three basic things alone, this is only an assumption, because he might have other expenses.

Your personal definition of "scam" is different than most of people, most people think a site is a scam because it is a ponzi, like one of those "double your bitcoin in 100 hours" site, which will close down and take all your coins after half a month. This site is simply not that kind of scam because as far as I know, it had been around for more than a year, and the guy can simply shut the site down at ANY given time right now since he has a shitload of BTC. You can know this by looking at the blockchain info for his wallet. You simply think this site is a scam because you analyzed scrypt coins and you think the ROI and returns are not what you calculated, nothing else, btw I don't know if you already knew that wallet, if not, you are welcome.

As long as the site is up and running and paying out, it is NOT a scam!! However, I do keep checking the site ever so often because I do fear everything I said above could happen, but I don't have much real money invested in it, $2 as I said before, so I'm not too worried.

Got rewards and withdraw only took about 25 mins. This has been the norm for the past 2 months for me,aside from the 3 days we were down. I can only speak toward my experience though. 

Trollbox chat not working?

My shoot is that the new reward rate brouth more investors (or at least made investors start spending ther so far kept bitcoins) with a much bigger volume on buy/sell orders being complete the server has been working on it's limit, and trollbox should probably be disabled so trading can keep going while and fix/upgrade is on it's way.