One thing, from what I see, this is a stake service where the coins being staked are those with PoS options, please do shed some lights, what coins are they staking for the moment ? It is weird that they are paying with BTC instead of the coins being staked. And also that PoS coins normally are fluctuative , will this imply a loss for the investor if the value of the coin being staked are drop?
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As for that i believe your investment is safe i think the only losses that occur would be the daily earning.
As long as my initial investment is safe its the same for me just leaving them in my wallet this way i gain more coin on top of my investment.
Not sure about everything you can visit the site its in the OP.
You keep telling us your investment is safe but there is a major problem. Your investment does not stay in BTC, it gets exchanged to coins which are set to stake. If the price of those coins goes down and you request your investment back, somebody s going to cover that loss. Either you or the OP.
Can you comment on this OP pls? What happens in this case?
I keep saying i think and believe until i try to pull my invest more or anyone else dose im not sure of anything.
I don't own the site so i wouldn't know im only using the service all i know is my earnings keep going up.
I'm pretty sure you can ask on the OP's thread or pm him anything i know is based on what ive read on the site or received via email or pm or looking at the site.
anyhow I got a reply via PM regarding this issue from cyberpinoy, i got his permission to posted it here
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Paying out in the coins we are staking at this period of the project would be counterproductive for us and the investors. Most people are going to sell the coins they earn for BTC or reinvest them one or the other, we are able to make BTC payouts because we have some back-end mining we are doing that so far is able to cover the costs of payouts and bonuses. (we will not and do not advertise we will ever buy more mining power, and we will not. This was just something we had and could use to help kick start the system we built) So as of now we are always buying coins and holding them, this helps to stabilize a coins market as much as we can to try and hold your earning value the same or increase it with every investment. If we paid everyone in the coins we staked they would be selling against our buys and this will not help the market rise. So we base everything on BTC values.
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The investor will never lose out on his original investment, if you invest 1 BTC you will always have 1 BTC in your account working for you. Your daily earnings are based on the value of the coins that day when I do the updates using the chart provided in your members account area (its a cryptonator widget that tells us the values of the coins determined by a variety of sources they use) so even those are safe.
few things to be noted has been bolded and I do think it is best to post any question regarding this in stakeminers' thread here
https://bitcointalksearch.org/topic/--989670 because sparkedDev is only an investor which know a little about the site .
Keep on asking question about stakeminers here will only create an endless debate
and to SparkedDev, I do think this discussion thread should be place in Altcoins service discussion board since this sites mainly about staking altcoins