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Title: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: ianbakewell on January 08, 2013, 11:32:58 PM "Just send us your money and we will send you profit from these magical machines you never get to see."
Two asic companies really seem to be pushing the hosted option. Same companies are having delivery problems on preorders... Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: wormbog on January 08, 2013, 11:48:24 PM Totally agree - hosted asics would make a fantastic cover for a ponzi. Even more so if anyone eventually delivers a real asic.
Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: Evolvex on January 08, 2013, 11:56:47 PM Its more than possible I guess, bloody hope not tho! Would be a pretty big thing to keep under wraps for to much long either way ;D
Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: makomk on January 09, 2013, 12:29:27 AM The thought has crossed my mind, especially as we've already had scams that demonstrate how easy it is for someone to set up a sham mining security and do a runner. On the other hand, if any of these companies deliver there'll be a huge hashrate rise that'd be hard to fake... unless they wait until someone's genuinely shipping ASICs.
Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: repentance on January 09, 2013, 12:31:25 AM Crossed my mind too. "Oops, our data centre burned down".
Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: YipYip on January 09, 2013, 03:43:31 AM Crossed my mind too. "Oops, our data centre burned down". Also a perfect cover for Self Ming as well... Has so many ways & oppurtunitys to manipulate the situation is a really scary option Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: repentance on January 09, 2013, 03:58:49 AM Crossed my mind too. "Oops, our data centre burned down". Also a perfect cover for Self Ming as well... Has so many ways & oppurtunitys to manipulate the situation is a really scary option Fuck knows how many units the "Bitcoin lending syndicate" are going to receive in return for the early funding of the project, too. Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: Lethn on January 13, 2013, 04:18:30 AM I don't even know why I'm bothering to practice so long to make real products for these people when I could just scam them out of their money so easily instead.
Title: Re: Am I the only one thinking that hosted asics are the perfect ponzi cover? Post by: NEO2012 on March 07, 2013, 06:12:36 PM "Just send us your money and we will send you profit from these magical machines you never get to see." Two asic companies really seem to be pushing the hosted option. Same companies are having delivery problems on preorders... oh yeah baby ponzi scheme 101 and guess who came up with it none other then bfl josh newlly hired at bfl while ago since he has basically nothing els to do all day then lie on forumus about bfl declivery dates the lead along as many as he can for the bonus he has been promised (as per % of canceled orders) learnind from the lies and scams of bfl he took the liberty to come up with his own and sounds like this give me all ur sc and minirigs i will keep them in my garage i will charger 5 times the electricity to run them ad i will make a 3 % fee couse i run them on my pool and need be one day when i run over a 100 minirigs just keep the earinings for a few days and ready to retire trinidad here i come:) with my prv jet true story |