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Topic: Why not invest instead of cloudmining?? - page 2. (Read 4568 times)

sr. member
Activity: 420
Merit: 250
September 27, 2015, 02:31:27 PM
#97
i wouldnt do neithe investing nor cloud mining, investing websites are usually only hyips that fail sooner or latter and cloudmining services give the roi after a long time only
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
September 27, 2015, 02:08:20 PM
#96
Well cloud mining is nearly almost always a scam, either a HYIP in disguise or just a hole for your money.

no hashnest is legit, they provide the best opportunity for profit, you can actually roi with them, it's up to you, on how much you are willing to wait

it's not so much different if you do it yourself withyour miners, i would blame the whole miners system and not cloud mining
I did say nearly almost. It's possible for sites to be legit. I'm just saying it's usually too good to be true.
legendary
Activity: 1610
Merit: 1183
September 27, 2015, 01:58:30 PM
#95
Well cloud mining is nearly almost always a scam, either a HYIP in disguise or just a hole for your money.

no hashnest is legit, they provide the best opportunity for profit, you can actually roi with them, it's up to you, on how much you are willing to wait

it's not so much different if you do it yourself withyour miners, i would blame the whole miners system and not cloud mining

Hashnest is a legit site and they do provide the best cloudmining service but people need to keep in mind that it's not just about buying some mining contracts. People need to know when to get in and buy. They need to follow the hashrate, difficulty and price of the Bitcoin very carefully. They actually need to know what they are doing and have some experience in mining.

This is something that newbies often lack so they just end up losing money or breaking even.

That it, you gotta take advantage of those variables and try to predict what will happen, but ultimately is just like directly investing in Bitcoin, so you might as well cut the middle men and go to an exchange and start trading, it's pretty much the same thing but less fancy.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
September 27, 2015, 01:35:59 PM
#94
Well cloud mining is nearly almost always a scam, either a HYIP in disguise or just a hole for your money.

no hashnest is legit, they provide the best opportunity for profit, you can actually roi with them, it's up to you, on how much you are willing to wait

it's not so much different if you do it yourself withyour miners, i would blame the whole miners system and not cloud mining

Hashnest is a legit site and they do provide the best cloudmining service but people need to keep in mind that it's not just about buying some mining contracts. People need to know when to get in and buy. They need to follow the hashrate, difficulty and price of the Bitcoin very carefully. They actually need to know what they are doing and have some experience in mining.

This is something that newbies often lack so they just end up losing money or breaking even.
legendary
Activity: 3248
Merit: 1070
September 27, 2015, 08:57:53 AM
#93
Well cloud mining is nearly almost always a scam, either a HYIP in disguise or just a hole for your money.

no hashnest is legit, they provide the best opportunity for profit, you can actually roi with them, it's up to you, on how much you are willing to wait

it's not so much different if you do it yourself withyour miners, i would blame the whole miners system and not cloud mining
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
September 27, 2015, 08:31:02 AM
#92
as many are led to scam before profit
I've tried in various cloudmining Sad

You should have tried www.CloudMining.website. According to third party cloud mining monitor CMmonitor.com, this service is known to give ROI in ~114 days...



They publish their payment proof of last 10 months: www.cloudmining.website/payments.php

With only 8 BTC, you'll get 10 Ths of hash power. Then, calculate your profit here: www.cloudmining.website/calculator.php

It's posts like these that newbies should be careful with.  And that website looks scammy off the bat btw.
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
September 26, 2015, 11:58:56 PM
#91
Well cloud mining is nearly almost always a scam, either a HYIP in disguise or just a hole for your money.
legendary
Activity: 1708
Merit: 1036
September 26, 2015, 09:09:33 PM
#90
Folks, this is not rocket science. What it boils down to is this: Why would someone rent you their equipment for $10 so you could make $12 in mining revenue? Wouldn't it make more sense for them to just not rent it and make $12 (instead of $10) themselves?

In the altcoin world there is a valid niche for people renting out their mining rigs for new coin launches, coins people have insider information on (or think they have), and a few other purposes. I did so my self (both as miner and renter) through 2014. But for something more stable and cut-and-dried like bitcoin mining, you're just taking a guaranteed loss using a cloud mining service, even if not a scam. (And most people who rented altcoin mining rigs likewise lose, unless they know exactly what they are doing, which most didn't.)
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
September 26, 2015, 04:00:09 PM
#89
I invested on certain reputable cloudmining site without doing much calculations (my fault, I know). I did them later, and found out that It would take me more than 660 days to ROI  Roll Eyes

They have halved the amount of satoshis they send me everyday 2 times since then... It is not worth it at all. As I say, reputable company (they have proof of mining, pics, their site identifies the persons that are responsible and all)

So I have come to think that sometimes it is better to invest in risky high yield investments for moderate amounts (0.01-0.05).  I have invested like that in about 5 sites. 3 of them have run with the money already at a loss, but the other two stand and I have compensated the loses.

(PM me if you want names, I prefer not to give them in the open)
newbie
Activity: 40
Merit: 0
September 26, 2015, 10:07:06 AM
#88
I want some views of bitcointalk guys here towards the quesrion why not invest instead of cloudmining??,

YouDEFEND it or REFUTE it..Huh

Post your views with DEFEND OR REFUTE and then

Because many people can not bear the risk of investing.
full member
Activity: 196
Merit: 100
September 26, 2015, 07:49:24 AM
#87
as many are led to scam before profit
I've tried in various cloudmining Sad

You should have tried www.CloudMining.website. According to third party cloud mining monitor CMmonitor.com, this service is known to give ROI in ~114 days...



They publish their payment proof of last 10 months: www.cloudmining.website/payments.php

With only 8 BTC, you'll get 10 Ths of hash power. Then, calculate your profit here: www.cloudmining.website/calculator.php

I'm sure that CloudMining.website is a ponzi.
member
Activity: 65
Merit: 10
September 26, 2015, 07:34:31 AM
#86
I want some views of bitcointalk guys here towards the quesrion why not invest instead of cloudmining??,

YouDEFEND it or REFUTE it..Huh

Post your views with DEFEND OR REFUTE and then
I'm investing to HYIPs.
hero member
Activity: 784
Merit: 501
September 26, 2015, 07:25:30 AM
#85
as many are led to scam before profit
I've tried in various cloudmining Sad

You should have tried www.CloudMining.website. According to third party cloud mining monitor CMmonitor.com, this service is known to give ROI in ~114 days...



They publish their payment proof of last 10 months: www.cloudmining.website/payments.php

With only 8 BTC, you'll get 10 Ths of hash power. Then, calculate your profit here: www.cloudmining.website/calculator.php
member
Activity: 98
Merit: 10
September 26, 2015, 07:12:34 AM
#84
as many are led to scam before profit
I've tried in various cloudmining Sad
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
September 26, 2015, 07:05:45 AM
#83
Nice reviews..... It is fun debating here..... Dont stop make out some more....

So my question is

Do you still trust investment or cloumining sites???



Cloud mining is all 100% fake/scams.  Don't try to believe in it, you will get busted at the end.

As far as investing goes, it depends what site you are investing, even with investing you can still lose, investing is closer to gambling
There was actual companies that weren't scammers. Cex.io for example, they showed their hashpower on the blockchain by adding their name to the coinbase data and they allowed users to redeem ASICs using their shares. Early people got the profit as the price was very low and there weren't much maintenance fees.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
September 26, 2015, 05:10:24 AM
#82
I want some views of bitcointalk guys here towards the quesrion why not invest instead of cloudmining??,

YouDEFEND it or REFUTE it..Huh

Post your views with DEFEND OR REFUTE and then

It's not worth it.  If you indeed make some profit with your contract, it's not by much.  And the company itself isn't making much either. 
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
September 25, 2015, 12:41:18 PM
#81
I think advertising faucets is as lucrative as cloudmining.

I was with BitcoinCloudServices and Cloudminr. Lost a little with both but whatever.
hero member
Activity: 784
Merit: 1000
September 25, 2015, 12:33:36 PM
#80
Nice reviews..... It is fun debating here..... Dont stop make out some more....

So my question is

Do you still trust investment or cloumining sites???



Cloud mining is all 100% fake/scams.  Don't try to believe in it, you will get busted at the end.

As far as investing goes, it depends what site you are investing, even with investing you can still lose, investing is closer to gambling
sr. member
Activity: 350
Merit: 250
September 25, 2015, 11:53:59 AM
#79
Nice reviews..... It is fun debating here..... Dont stop make out some more....

So my question is

Do you still trust investment or cloumining sites???

legendary
Activity: 1358
Merit: 1014
September 25, 2015, 11:45:53 AM
#78
Maybe when technology gets better we'll come up with a legit way to make gains with cloudmining, but right now I haven't seen any evidence of it being a worthy investment. But then again, if the tech gets better, the miners will push the market accordingly. There's no escape.
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