Thoughts on Pyramining? - page 2. | Bitcointalksearch.org

Akka

legendary

Activity: 1232

Merit: 1001

Quote from: ?? on ??

Quote from: crazyates on October 04, 2012, 11:18:25 AM

Quote from: ?? on ??

Quote from: ElectricMucus on October 03, 2012, 04:42:56 PM

Pyramid Scheme anyone?

It doesn't get much more obvious than that.

Think of it as more of pyramid, referral system, so if I refer you, I get a percent, and the person that referred me get a percent and all the way back to the top. Hence the pyramining

Ya, that's his point: sounds exactly like a pyramid scheme.

But how is it a pyramid scheme, if they are bringing in external funds, from mining?

Its kind of a pyramid scheme. You get 15% of the hashing power of everyone that joint pyraming to your reveal (until yor account is completed of course) and 7.5% of everyone joined trough someone below you and even 7.5% of the 3rd level. So 30% of this project is a pyramid scheme.

crazyates

legendary

Activity: 952

Merit: 1000

Quote from: ?? on ??

Quote from: ElectricMucus on October 03, 2012, 04:42:56 PM

Pyramid Scheme anyone?

It doesn't get much more obvious than that.

Think of it as more of pyramid, referral system, so if I refer you, I get a percent, and the person that referred me get a percent and all the way back to the top. Hence the pyramining

Ya, that's his point: sounds exactly like a pyramid scheme.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Pyramid Scheme anyone?

It doesn't get much more obvious than that.

SysRun

hero member

Activity: 616

Merit: 500

Portland Bitcoin Group Organizer

Quote from: isis on September 29, 2012, 03:51:11 PM

I've been doing some looking for a place to semi-deepfreeze funds for a period of about a year and have them generate interest instead of sitting in a paperwallet somewhere.

I was wondering what everyone's thoughts are about Pyramining (www.pyramining.com)
Is it considered legit and at least moderately safe? It sounds like a good plan but has anyone actually verified they have the hardware etc and aren't a ponzi?

Thanks for any info!

There's no free lunch, isis. TNO

isis

full member

Activity: 154

Merit: 102

Quote from: ?? on ??

It is a very good service, I was one of the first people to sign up with them and couldn't be happier with how my funds have grown, very legit. I was lucky enough to see picture of there mining setup obviously I can't show them, but some people have visited them. But make sure you use a referral code to get 10% instead of signing up with 5%.

http://www.pyramining.com/referral/rdmxqn9z4
http://www.pyramining.com/referral/cma9hkbex
http://www.pyramining.com/referral/329b84tfg
http://www.pyramining.com/referral/cr8bph7ks
http://www.pyramining.com/referral/4x2fptrhq

Signed up with your cr8 code. I figured what the heck, you and I bump heads enough, if you give it a thumbs up it must be alright.

symbot

member

Activity: 118

Merit: 10

Nobody accepts bitcoin on the moon.

I made an initial small deposit in Pyramining, then spent quite a bit of time researching them before increasing my investment. My advice is to send PMs to "pyramining" here and ask to see the photos of the gear and the solar power panels, and also ask any other questions. "pyramining" has responded quickly to all the questions I have sent by PM. He/she has also answered nearly all questions posed in public in their thread.

One caveat is that they have maintained some secrecy about who they are and where they are located, etc. But, it isn't a big secret.

I think they are legit, and I have invested with them. But, like any investment you ultimately have to make your own judgement!

eliale

hero member

Activity: 838

Merit: 501

I, with my associate Paci, visited Pyramining twice.

Because The Rock provides insurance, trade back and bonds for Pyramining we had to verify its real existance and potentials.

We both had a very positive feeling about Pyramining future!

lassdas

legendary

Activity: 3657

Merit: 1448

Quote from: BR0KK on September 29, 2012, 04:04:39 PM

its supposed to be a mining bond.

Some people might think so, but that's kinda wrong.
In a bond, you as an investor own a share of the company issuing it, with pyramining you own nothing.

You're basically just giving someone a (pretty cheap) loan, who then builds up a mining-farm for his own (or at least tells you so).

BR0KK

hero member

Activity: 784

Merit: 500

its supposed to be a mining bond. The name "pyra" is kind of confusing --> pyramind mining. I tried it with two BTC a week ago

you could try it too with just a small ammount of BTC.

isis

full member

Activity: 154

Merit: 102

I've been doing some looking for a place to semi-deepfreeze funds for a period of about a year and have them generate interest instead of sitting in a paperwallet somewhere.

I was wondering what everyone's thoughts are about Pyramining (www.pyramining.com)
Is it considered legit and at least moderately safe? It sounds like a good plan but has anyone actually verified they have the hardware etc and aren't a ponzi?

Thanks for any info!

Topic: Thoughts on Pyramining? - page 2. (Read 2960 times)