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Topic: VIRTUAL MINING CORP - page 2. (Read 9409 times)

hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
January 02, 2014, 12:59:10 PM
..etc..

I see this leech has moved on to another scam.  Just a note for anyone who is not aware about Bargraphics, this a**clown single handily cheerleadered terrahash scam all the way to the end, made many people lose their money, and attacked anyone who expressed doubt or asked about a refund.

After terrahash ran with the money, he went back and deleted/edited out all his old cheerleading posts in the thread, then pretended to lead a group lawsuit against terrahash sucker in the legit people who lost their money. Of course nothing ever happened. (some of the victims started filing their own small claim suit in court later on, but lost a lot of valuable time & money due to this guy)

I dont know what the deal with VMC is, but just becareful, i would not trust anything coming out of this con artist's mouth.

The worst kind of scum.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
January 02, 2014, 12:30:41 PM
It was obvious from day 1 it was a scam tbh

http://bitcoinscammers.com/virtualminingcorp-com/
Awww   what a cute site you have...   From facts on that site I see what you mean they are a scam. How did you ever get the words and pictures on the page like that.  Its pretty impressive.

It's not his site, I already set this guy straight in another thread.


proof
noun

1. evidence or argument establishing or helping to establish a fact or the truth of a statement.



Taking a screenshot and posting it on a fly by night WordPress site does not constitute as proof.

I and potentially a lot of shareholders in this company would love to see undisputed proof of your claims. It would really help out so if you do have something substantial please bring it forward.


updated my last post with the thread that states there a scam
still trying to find more evidence


He hasn't found anymore evidence since Dec 17th but decided to come to this thread and post a website that has no credentials in anything other than listing every single site as a scam until the ship a product.

Come on, if you are going to post on this thread at least come up with something substantial that hasn't already been debunked or proven FUD by the claimants incompetence
hero member
Activity: 980
Merit: 503
January 02, 2014, 12:22:34 PM
It was obvious from day 1 it was a scam tbh

http://bitcoinscammers.com/virtualminingcorp-com/
Awww   what a cute site you have...   From facts on that site I see what you mean they are a scam. How did you ever get the words and pictures on the page like that.  Its pretty impressive.
BWT go get a bigger screen,, you made that peice of crap site on a 480p screen or something... Use dynamic width dumb ass.
sr. member
Activity: 378
Merit: 250
December 31, 2013, 09:16:54 PM
It was obvious from day 1 it was a scam tbh

http://bitcoinscammers.com/virtualminingcorp-com/
sr. member
Activity: 378
Merit: 250
December 31, 2013, 07:17:19 PM
@Bar Re. Off-topic:

This is the hardware section.
Neither Active Mining Belize, nor its wholly owned subsidiary VMC of Podunk Missouri, has any hardware.
There's nothing to discuss.
This whole thread should be moved to "Off-topic."
Should we do that now, or would you like to play make-believe a bit longer?

@Mods:  Can we move this thread please?  It degenerated into Bargraphics copypasting walls of text punctuated by insults.  Thank you.

Did he mention off topic again? Because the thread topic was
"Has anyone that has prepaid for a miner from VMC gotten the bitcoin miner yet?
If so can you post a picture of it working at your house THANK YOU???
We are not sure if anyone has gotten anything yet! Huh"

So I'd say that anything related to the lack of shipping, communication, information, etc from that company would be on topic.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
December 31, 2013, 05:44:40 PM
Wow.   Isn't this the company that sold stock to people who thought it was a good investment to value a company at $12MM that had ORDERS (not machines) for 500 GH/s of avalons?Huh
Who would have thought economics like that would would not have worked out?
I am really surprised the projections of the stock being worth 100X the IPO price did not occur.  What happened to all the 'bigger fools' that are supposed to bail out pumpers?

Are you related to RickJamesBTC because your assessment is almost as crazy as he is.

Please keep this thread on-topic and post in the securities forum about securities. Making up numbers such as you have does not make you look very good but I'm sure you don't care very much about that, you are just happy to pass your ignorance off as fact.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
December 31, 2013, 05:41:06 PM
Wow.   Isn't this the company that sold stock to people who thought it was a good investment to value a company at $12MM that had ORDERS (not machines) for 500 GH/s of avalons?Huh
Who would have thought economics like that would would not have worked out?
I am really surprised the projections of the stock being worth 100X the IPO price did not occur.  What happened to all the 'bigger fools' that are supposed to bail out pumpers?
sr. member
Activity: 378
Merit: 250
December 31, 2013, 05:15:52 PM
#99
No matter what you say about the IC business, there are plenty of other parts involved.
Indeed, my early skepticism was mostly on the boards / individual miners (single slot PCI Express cards) which seemed poorly thought and while not being covered by a NDA, still have zero info, not even mockups. Despite my efforts they still all focused on "eASIC".

But it turns out even the chips aren't there!

Seriously. Look at the progress reports from cointerra and hashfast. Anyone buying from VMC or investing in their crazy share scheme must just like to get ripped off.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
December 31, 2013, 04:02:39 PM
#98
He doesn't care about the community else he would be flying up there or doing his due diligence to find definitive proof that this is a scam other than passing around accusations of "Ponzi" and "Proof".
Yes, I should have to fly to where this bs company is to try and get some proof that they exist. Every time you write a new post, you just show everyone reading that you are involved more than you claim. You can ridicule me for making my accusations, I don't give a shit what you say. You believe that it is ok for the ceo of the company to post here in october that orders would ship in november - december, and you don't care what happens to the people who then sent more money in. Tell you what, you can ignore my posts, or I can ignore yours. I won't be responding to you anymore because I don't believe a word you say. I'll keep asking for someone else who works VMC to come forward with some evidence that they shipped product as they said, or have actually developed anything at all. No matter what you say about the IC business, there are plenty of other parts involved. All we saw was an off the shelf computer case.

You are bat shit crazy.

Please respect what you write so I don't have to keep proving your wrong over and over.

I won't be responding to you anymore because I don't believe a word you say.
sr. member
Activity: 378
Merit: 250
December 31, 2013, 03:55:21 PM
#97
He doesn't care about the community else he would be flying up there or doing his due diligence to find definitive proof that this is a scam other than passing around accusations of "Ponzi" and "Proof".

Yes, I should have to fly to where this bs company is to try and get some proof that they exist. Every time you write a new post, you just show everyone reading that you are involved more than you claim. You can ridicule me for making my accusations, I don't give a shit what you say. You believe that it is ok for the ceo of the company to post here in october that orders would ship in november - december, and you don't care what happens to the people who then sent more money in. Tell you what, you can ignore my posts, or I can ignore yours. I won't be responding to you anymore because I don't believe a word you say. I'll keep asking for someone else who works VMC to come forward with some evidence that they shipped product as they said, or have actually developed anything at all. No matter what you say about the IC business, there are plenty of other parts involved. All we saw was an off the shelf computer case.

sr. member
Activity: 350
Merit: 250
December 31, 2013, 11:51:21 AM
#96
I placed 2 orders on 22th of November with shipping date 31th of December 2014. My shipping dates are moved to atleast February 22th.

Last e-mail from VMC customer service
--
Dear Customer,
Pre-Order Terms: This is a pre-order. 28nm ASIC products are shipped according to placement in the order queue, and delivery may take 3 months or more after order.Your items wont be shipping til between February 22th-March 20th.

Regards,
Customer service
--

Are you going to wait or get a refund? If you choose to get a refund please report back here how the process went.

Sadly there are a lot of alt accounts of crumbs being made (dolor, doloreshaze, doloresmaze, nickdanger, cropcircle) because he was banned so if you could provide some definitive proof of your order/payment that would be great. If not I understand.

I don't want to get a refund. I will be waiting till the 22th of February.

My order proof:


I am not this 'crumbs' person. I am simple and fair. If I make a mistake, then I admit my mistake. If VMC turns to be scam, then so it be. We can't help it anyway, can we?

Thank you for posting this up. Is there another customer that ordered before November that has a different shipping ETA? Please post.
legendary
Activity: 1904
Merit: 1007
December 31, 2013, 10:05:14 AM
#95

I find that hard to believe+ fact that there were no reasons supplied. BFL had the mighty "clock buffers", HashFast had "lack of substrate", but VMC has nothing. Yes i should trust this company.

Since you are looking for their excuse here it is.

https://bitcointalksearch.org/topic/m.3782916
Quote
Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up.  We have had to modify the software in our chips to make it work with our new software.  The chips are going to be late; however, our new Intellihash software could be a game changer for the company.

Don't ask me what Intellihash is, what "modify the software in our chips" means, I don't know nor do I care. I'm simply correcting you like usual.

I don't know if you are aware of the Danone practices on the market. They have patented a very popular bacterium found in large intestines of most mammals and they named it "Bifidus Actiregularis". It seems that you (an investor) and nobody else is aware what "Intellihash" is or what it represents. I don't see why it can't be something like in Danone's case. From what i read on the forum making a SHA-256 ASIC chip is really really easy, doable by someone in college. Also considering that they are the only company with the trademark for...actually i don't even know what is it for. Mining software in the chips???(wtf is that. i thought chips are only hardware) or simple bitcoin mining software? If is it for the software then why delay the chips? If it's for the chips then what can you trademark there?

My personal opinion of "Intellihash" is that it is a marketing gimmick. I told you that no one has any idea what it could mean and Ken did not give any insight really to draw conclusions on. We are most likely in agreeance that this particular part of that November update is bullshit.

Anyone in college that is taking a related course can write the verilog code for a SHA-256 ASIC. It's not very hard. However the backend design of an ASIC has to go to an appropriate company or someone very talented and familiar with that process. You have to use certain PLLs and Libraries specific to the Fab that you are going to be using (Hence you have to get Fab acceptance prior to starting the ASIC process which is actually very difficult to do)

Ken is an old school businessman, a lot of the way he does business I disagree with. Trademarks are nice and all but useless really in this industry. Product speaks for itself and the IP (Verilog, backend files, and mask set are all allocated to the company that purchased them only anyways).

You can trademark most anything, doesn't mean it will stick. It seems he is just trademarking the names so no one else can use them (not sure why anyone else want to)



Finally! I'm glad that in the light of the New Year's Eve and after many name calling we got to a common ground. This is one of the reasons this company seems strange to me even if i'm not so familiar with public companies and also comparing the transparency from the bitcoin hardware companies. Now considering that we got to some sort of agreement i am waiting for your January report.
newbie
Activity: 21
Merit: 0
December 31, 2013, 09:51:07 AM
#94
Thank you for this, it really is appreciated.

I didn't think you were the "crumbs" person but you can't be too careful. He is not very clever with his alts.

Once I visit Ken in mid January I will report back here so you can make a more informed decision. If there's nothing to show then I will report as such.

You are welcome. Why wouldn't someone post their order detail in the first place? I will be waiting for your report, whether good or bad.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
December 31, 2013, 09:41:44 AM
#93
I placed 2 orders on 22th of November with shipping date 31th of December 2014. My shipping dates are moved to atleast February 22th.

Last e-mail from VMC customer service
--
Dear Customer,
Pre-Order Terms: This is a pre-order. 28nm ASIC products are shipped according to placement in the order queue, and delivery may take 3 months or more after order.Your items wont be shipping til between February 22th-March 20th.

Regards,
Customer service
--

Are you going to wait or get a refund? If you choose to get a refund please report back here how the process went.

Sadly there are a lot of alt accounts of crumbs being made (dolor, doloreshaze, doloresmaze, nickdanger, cropcircle) because he was banned so if you could provide some definitive proof of your order/payment that would be great. If not I understand.

I don't want to get a refund. I will be waiting till the 22th of February.

My order proof:


I am not this 'crumbs' person. I am simple and fair. If I make a mistake, then I admit my mistake. If VMC turns to be scam, then so it be. We can't help it anyway, can we?

Thank you for this, it really is appreciated.

I didn't think you were the "crumbs" person but you can't be too careful. He is not very clever with his alts.

Once I visit Ken in mid January I will report back here so you can make a more informed decision. If there's nothing to show then I will report as such.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
December 31, 2013, 09:39:43 AM
#92

I find that hard to believe+ fact that there were no reasons supplied. BFL had the mighty "clock buffers", HashFast had "lack of substrate", but VMC has nothing. Yes i should trust this company.

Since you are looking for their excuse here it is.

https://bitcointalksearch.org/topic/m.3782916
Quote
Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up.  We have had to modify the software in our chips to make it work with our new software.  The chips are going to be late; however, our new Intellihash software could be a game changer for the company.

Don't ask me what Intellihash is, what "modify the software in our chips" means, I don't know nor do I care. I'm simply correcting you like usual.

I don't know if you are aware of the Danone practices on the market. They have patented a very popular bacterium found in large intestines of most mammals and they named it "Bifidus Actiregularis". It seems that you (an investor) and nobody else is aware what "Intellihash" is or what it represents. I don't see why it can't be something like in Danone's case. From what i read on the forum making a SHA-256 ASIC chip is really really easy, doable by someone in college. Also considering that they are the only company with the trademark for...actually i don't even know what is it for. Mining software in the chips???(wtf is that. i thought chips are only hardware) or simple bitcoin mining software? If is it for the software then why delay the chips? If it's for the chips then what can you trademark there?

My personal opinion of "Intellihash" is that it is a marketing gimmick. I told you that no one has any idea what it could mean and Ken did not give any insight really to draw conclusions on. We are most likely in agreeance that this particular part of that November update is bullshit.

Anyone in college that is taking a related course can write the verilog code for a SHA-256 ASIC. It's not very hard. However the backend design of an ASIC has to go to an appropriate company or someone very talented and familiar with that process. You have to use certain PLLs and Libraries specific to the Fab that you are going to be using (Hence you have to get Fab acceptance prior to starting the ASIC process which is actually very difficult to do)

Ken is an old school businessman, a lot of the way he does business I disagree with. Trademarks are nice and all but useless really in this industry. Product speaks for itself and the IP (Verilog, backend files, and mask set are all allocated to the company that purchased them only anyways).

You can trademark most anything, doesn't mean it will stick. It seems he is just trademarking the names so no one else can use them (not sure why anyone else want to)

legendary
Activity: 1904
Merit: 1007
December 31, 2013, 09:28:36 AM
#91

I find that hard to believe+ fact that there were no reasons supplied. BFL had the mighty "clock buffers", HashFast had "lack of substrate", but VMC has nothing. Yes i should trust this company.

Since you are looking for their excuse here it is.

https://bitcointalksearch.org/topic/m.3782916
Quote
Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up.  We have had to modify the software in our chips to make it work with our new software.  The chips are going to be late; however, our new Intellihash software could be a game changer for the company.

Don't ask me what Intellihash is, what "modify the software in our chips" means, I don't know nor do I care. I'm simply correcting you like usual.

I don't know if you are aware of the Danone practices on the market. They have patented a very popular bacterium found in large intestines of most mammals and they named it "Bifidus Actiregularis". It seems that you (an investor) and nobody else is aware what "Intellihash" is or what it represents. I don't see why it can't be something like in Danone's case. From what i read on the forum making a SHA-256 ASIC chip is really really easy, doable by someone in college. Also considering that they are the only company with the trademark for...actually i don't even know what is it for. Mining software in the chips???(wtf is that. i thought chips are only hardware) or simple bitcoin mining software? If is it for the software then why delay the chips? If it's for the chips then what can you trademark there?
newbie
Activity: 21
Merit: 0
December 31, 2013, 09:11:27 AM
#90
I placed 2 orders on 22th of November with shipping date 31th of December 2014. My shipping dates are moved to atleast February 22th.

Last e-mail from VMC customer service
--
Dear Customer,
Pre-Order Terms: This is a pre-order. 28nm ASIC products are shipped according to placement in the order queue, and delivery may take 3 months or more after order.Your items wont be shipping til between February 22th-March 20th.

Regards,
Customer service
--

Are you going to wait or get a refund? If you choose to get a refund please report back here how the process went.

Sadly there are a lot of alt accounts of crumbs being made (dolor, doloreshaze, doloresmaze, nickdanger, cropcircle) because he was banned so if you could provide some definitive proof of your order/payment that would be great. If not I understand.

I don't want to get a refund. I will be waiting till the 22th of February.

My order proof:
http://i39.tinypic.com/67r24x.jpg

I am not this 'crumbs' person. I am simple and fair. If I make a mistake, then I admit my mistake. If VMC turns to be scam, then so it be. We can't help it anyway, can we?
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
December 31, 2013, 07:35:57 AM
#89
Me? If you think this gets to me at all you must be part of this scumbags crew. Listening to scammers and thieves try to talk their way out of bad deals is hilarious.

If you need any more education please let me know. The BTC world is a tough one out there so I can understand why you are always so upset after my posts provide you with more information to sift through.

Just please try to be civil and not so hypocritical with your posts.

Instead of answering questions, I'm being attacked for asking them. This is the behavior of a scammer, not an honest business.
Instead of answering that, I expect more personal attacks.

moron.
scammer
shill poster
stupid
psychic
thief
liar.
loser.
GTFO.
You're useless.
scumbags

Also I recommend not appearing so desperate for others to agree with you. You are quoting a known troll who has a bone to pick with ActM since Day 1.
https://bitcointalksearch.org/topic/m.2550420

The other person "Nick Danger" is also crumbs (Another troll that was already banned) and will hopefully be banned once I mod realises this



The point of this all is that while I made every effort to answer and fulfill all of the questions/concerns RickJamesBTC made he continued to badger and harass me through the thread. This is a person who does not care about information
I don't need to perform due diligence, moron.
All he wants to do is scream scam and feel good about himself at the end of the day if this does end up being a scam. He doesn't care about the community else he would be flying up there or doing his due diligence to find definitive proof that this is a scam other than passing around accusations of "Ponzi" and "Proof".


To anyone thinking about purchasing from VMC, read this entire thread and try to excuse the way RickJamesBTC presented himself on here. He does bring up good points occasionally if you can sift through the anger and badgering. Take all of the evidence posts on either side and come up with your own risk assessment. If it's too risky for you then DO NOT PURCHASE.
newbie
Activity: 14
Merit: 0
December 30, 2013, 09:12:44 PM
#88
What did you expect? They're shareholders, and they're okay with scamming new customers because they've been scammed out of their money themselves (and no, that doesn't make it okay).

Consider them for what they are: scammers.

I know this now. I didn't know anything about the massive scam of shares that these guys invested in. Of course they need to defend the company, victims of a scam are often delusional, and its possible that these guys will profit if more people buy from vmc.

Two things going on here.

One is the dumb animal fear of people just realizing the shit they got themselves into.  There's a guy here who "invested" his retirement fund, i shit you not, into this bag of festering fail.  Can you frikin' imagine?  And, just like with a Ponzi scheme, admitting the truth means you'll be the one left holding the bag.  

The other sort-a stems from the first.  Most here are too stupid to scam, so don't attribute to malice that which is adequately explained by stupidity.
hero member
Activity: 742
Merit: 500
December 30, 2013, 09:06:43 PM
#87
Is VMC not listed as a scam yet??

I remember a couple months ago there was a surge of "shareholders" pumping this massive douche canoe of an operation up..  is it that time yet again?
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