Topic: www.lunamine.com - 0.0025 BTC/GHs mining contracts | On-demand withdrawals - page 2. (Read 41414 times)

(apsvinet : )
In case you didn't know, Google has different default entry points, depending on the user's location.
Also "OT" is resolved as "Occupational Therapy" first, then "OldTestament", "short for Alright", but "Off-Topic" does not appear on Google's first page.
Anyway, that's an uninteresting subject.

I just wanted to inquire as to why you still have that lunamine.com advertisement campaign on you profile, since lunamine is now defunct, and by the way how come there is no trace of payment from you to lunamine or from lunamine to you ? An oversight perhaps ?

 


BTW, FWIW and IMO : OT can have only one meaning here [in the context of a web forum]

Now where was I ...

 

Yeah I'm sure everyone assumed "OT" meant something in their own native language. Just google it if you want to get the explanation and history. Ciaoooo.

Okay ... still your "not a scam rants" were what stuck in mind.  

Your investigation has been going on for weeks and appears to just be a stall tactic.   You never provided any information.  At this point probably the BTC has been mixed many times and now likely spent.   There can't be any doubt that lunamine was a scam.    

Sorry, but it isn't clear and you should keep in mind this in a international forum.

They actually have honored their word... kinda. I'm still waiting for the second free Monarch and the partial refund.

I'm as surprised as anyone that they did anything at all to compensate buyers. The price is still awful though but I don't think they were under any legal obligation to anything other than ship the original orders.

Then stop posting useless updates in this thread. You're clearly just looking for attention, get over yourself.

Also, to add, I haven't lost anything to LunaMine, on the contrary - they paid me roughly 50 USD for referral work.

I don't owe you anything, not even a progress report. Get over it.

However notice the irony, how prompt you are to believe something (there was a scam etc), and to disbelieve something else (the investigation is making progress), depending on your own emotional state.

The reason for which details cannot be disclosed is simple : as long as people involved don't have a clear view of how close (or far, depending on the point of view) we are from them, they're not going to panic, which is obviously much better for the investigation.

Like at all other "stages".
Get a life man, srsly.

You keep claiming you got something going on when clearly no such thing exists.

I did not.

On the contrary I replied to someone bashing PB Mining earlier in the thread (so if you're looking for someone to "bash", go ahead and read the thread to find out who "injected" the topic), reminding in essence that it was inappropriate to conflate Luna and PB.

As for the Luna investigation, it's still ongoing, and of course it would be a mistake to say more at this stage.

Clearly it means Off topic. Everybody knows that, that has spent a considerable amount of time on a web forum.

Fair enough ... however you should be bashing BTCmner, he is the one that injected PBMining into this thread with his prattle about there isn't any proof that this or that is a scam.

However you are completely correct, lunamine has scammed the BTC out of a lot of people and that is what the focus should be.   Sorry for being off topic. 

Also OT - what is that?  On Topic, Off Topic, Over the Top, Occupational Therapy or many more possibilities?       Sorry but it doesn't make sense.   I think you mean Off Topic, but OT is unclear.

helo GTFO out.

all this OT stuff belongs elsewhere.

I would argue that the whole point of buying the hardware is to use it to make a profit.  If the current price is $1.97/GH, then it is outdated, even at 0.7W/GH.  They originally promised 0.6W/GH and a December-January delivery date.

If you preordered in August 2013, you would have paid $4,680.  Last week, they sent email stating that they are adjusting the purchase price to $1.97/GH ($1,379) for existing orders.  I really do hope they honor their word and send you a $3,301 refund (or 2 additional Monarchs and a partial refund).

can you not find another thread..

This is about lunamine.

I agree with you partially-- yes, the hardware isn't totally real-- no, it isn't a scam.  It is true that the price per GH cannot sustain a 5 year contract with today's hardware.  PBmining.com made a statement in another thread that a mining contract would not use the same hardware for all 5 years.  Since most of the mining will take place with future hardware that doesn't exist yet, I would agree that the majority of the hardware used to support your contract is not yet real.  There is a good chance of it existing in the future.

But think of it logically.  If a contract is going to break even, it will break even within the first year, maybe even as long as the first 18 months.  People who bought a contract in February already broke even in July.  If the same difficulty increases take place, then people who bought contracts in July might never break even, receiving only 85% of their purchase price back (according to my own calculated guesses).  The other school of thought is that difficulty increases will slow down, allowing contracts purchased today to eventually become profitable.

Also, keep in mind that a "5 year contract" is mainly a marketing ploy.  With each difficulty increase, you will earn less and less.  To put things in perspective, you'll earn 98-99% of your income in the first year, 1% in the second year, and pocket change beyond that (assuming a 1TH contract).  In fact, I think a 1TH contract purchased today will only pay out for 2 years, since the amount mined will become so small that the payment can't make it through the Bitcoin network.

quit with the OT posts, sheesh.

Mining lust cost me 12 BTC before I realized 100% reinvesting wasn't working out for me!   

Yeah, there's zero chance that Monarchs will ever break even. It's not logical that I didn't take a refund. But there's still something to be said for hardware lust, lol.

Personally I'm happy to see you get your money out of PBMining and I hope you get a good amount of profit now.    I also agree that .7w/GH is very good by today's standards.   However, I think it will be hard to breakeven on that one.   At least you had mining since June 24th which should have helped a lot.