Bitcoin Forum

Hi.
This is a topic for deleted posts (legit questions and concerns only, not troling) from SCRYPT 10 GH/s hosted scrypt mining thread by CRYPTX.
I'll start:

My following post was deleted:



"
"We are very confident... bla bla bla"

But when will be completed? Any estimates, any guarantees? Any colateral by contract in case of not respecting the terms?
NO!!!

So it's a preorder!
"


So why was cryptx so bodered about asking the ETA of deploiment completion?
What do you think?

Jesus Christ. The reason your post was deleted is because your chatting shit. This isn't a preorder. A pre-order is when the product isn't actually ready for delivery, but this isn't the case, he has said the units are already ready but just waiting to see how many shares are sold before they are either delivered or put online.

These people have a consistent record of delivering their own units in these quantities through PETA-mine.

If your gonna post something that's completely wrong then expect it to get deleted.

So when it's the deploiment completion date? Where in the contract can you find that? What happends if the term isn't respected?
If I'm wrong, Criptx could have answered the questions and prove me he's right... only that he can't say anything that "he's confident"...

"units are already ready but just waiting to see how many shares are sold before they are either delivered or put online..."
So if you had a unit that you want to rent or sell to someone (and you claim they woult turn a profit) wouldn't you would mine with it in the meantime until you receive your money?
Answer that pls!


-edit-
   Ah, better don't answer. Just looked at your (20) post history: mostly in PETA thread.
-edit-

Dude. Just don't invest. Simple as that.

These people have a proven history of meeting deadlines when it comes to producing their own units. If they say they have deals in place and the units are ready then I'd say without a doubt they have deals in place and are ready.

I mean shit, they have brought in this many units each week for the past few weeks without fail to PETA, why do you think this will be any different? These are two proven companies, not a couple of kids on this forum trying to make a quick buck.

This is a trust thing. If you don't trust them then just don't invest. Just don't go calling something a pre-order when it's clearly not.

@jonsi:
First rule of the securities forum:  Join the circlejerk or GTFO nao, FUDster!
With 95% of bitcoin securities ending in hilarity and/or tears, it should be obvious to all concerned that "bitcoin securities" is just a euphemism for "NSFW creepy S&M shit."
The participants are consenting adults and are entitled to their fetishes.
Stop being a party pooper.

Pfff, another one with 100 posts in PETA thread (mikemikemike)...

Please keep your advices to yourself (to invest or not to invest). I don't tell anyone what to do, I just raised some questions. If you have some answers (or insider informations) please tell, otherwise stay with the sheeps (the ones that invested in neo bee and hundreds of other securities just with "thrust") without asking questions about the contract.

This is valid for all alts/trols/suck puppets!!!

Is that you MP? Salut :))

Remember us 'sheep' who told you to trust these guys in few weeks time when it's a huge success. In fact, remember me specificity.

And you enjoy selling... excuse me buying, (selling), buying? Sorry for that, i get confused with "CEO's" alts. You make a strong argument. Thank you for clarifing the contract terms. Now go in peace!

Great. And now I'm cryptX themselves. It's amusing considering you could locate my personal details if you searched hard enough. You've gone from extremely cautious investor to outright bullshitter. I'm gone.

Peaceeee

Thank you.

@mikemikemike I'm just glad that you realized how CriptX is going to manage this.

That awkward moment when you realise you where wrong.

Apologies for this, the IPO did make profit but I don't trust these people at all. There new update to PETA is set out solely to funnel investors money from the mine to their solar power company.

Once again, really sorry. I should have opened my eyes a little bit wider.

Wtf???

I came here from reddit as I was interested in is project and just asked some simple questions and they deleted all of them. Here's all I posted. WTF is going on?? How can they just delete stuff they don't like??






Hi guys, redditor here. Saw a post in there and I've been doing my research as I have some BTC to invest.

Most of it looks legit apart from well, apart from a few things.

1) is it true that the team that runs this project makes money from the electricity fees?

Does that not seem completely counter productive considering its completely against investor interests?

2) why is the reinvestment strategy set so poorly? It makes no sense at all to reinvest like that unless your trying to build up electricity no?

3) Also, my numbers are pretty poor, but is it actually 3$/GHs? Last time I checked you could buy hardware directly from the manufacturer for 1.5$/GH and they would even host it for you including costs for an extra 0.2$/GHs. How come the price difference is so huge, if your buying the best machines, where is all the extra funds going?


Yes it will. The more shares the less dividends per share. Does anyone else have some insight apart from the guy above? He seems to be the only one defending this project??

CryptX? Can you answer my questions??

stylometry, it's caught people out before

Why delete valid questions, regardless of who asks them?

WTF??? This forum is a joke. Atleast on reddit the moderators don't support whatever joke project makes them the most money. Absolute frauds this entire place. How btt mods can delete my post when all I did was ask simple questions

Now I know why people say this place is a mess

Who said mods are deleting, it's OP of thread


I imagine because they said they were going to delete certain individuals; and now just following their word. They aren't deleting bitcoin-assets crew posts despite the critique, are they?

By the way I don't agree in deleting any post whatsoever, it's trivial to mirror in unmoderated thread as is happening now and it reflect poorly on whoever deleted them.

Well, that only begs the question "why did they say they were going to delete certain individuals"?  Self-moderation has always been the last resort of failed scammers -- from CoinLab to ActiveMining to NeoBee.

It usually prolongs the charade, adds to the lel, but... not for long.

Exactly. This is a scam through and through. You can see from the detailed posts I've made exactly whats going on. They can't delete shit there. The sheer amount of large holders in this project, ones that I keep in contact with on a regular basis, have all thanked me profusely for bringing this all to light. Cryptx are panicking now because what they are trying to pull is all out in the open.

Absolute scum. Both of them.

Here's an excerpt from a post I made earlier that a child could understand about what's going on.



Ok. So look at it like this. Imagine you know a shit lot about computers. And a new computer comes out which runs at 3GHz instead of 1.5GHz, and everyone's like "OMG IT'S TWICE AS FAST THIS IS THE SHIT, IM GONNA PAY 50% MORE FOR THIS COMPUTER AND IM GONNA HAVE THE FASTEST OMG OMG OMG", but in reality, it's not just the processor speed that makes the computer fast, it depends on the number of cores, the memory, the read and write speed of the hard drive, the graphics card ect ect.

So imagine you've worked out that in reality, this computer is actually allot slower than the older models, that the manufactuer has just pumped it up to 3GHz while killing all the other specs to make it look better than it actually is. Now imagine on top of that, that same manufactuer goes around advertising it's the faster computer on the market. It starts to tick you off towards that company after a while.

Now imagine you used to be a stanch supporter of this manufactuer, and you've told all your friends these are your guys, they will sort you out. By not actually coming out when they are trying to pull somthing and trying to stop them, when your friends realise in a few months that they can't keep up with the latest games, their gonna be pissed. It's like leading 100 sheep to a cliff and telling them its going to be safe, and then you find out theres a landslide. You'll do everything to stop it but in reality there's not much you can do, their already at the cliff enjoying the view.

Anyways, the whole point is I'm not the only hearder. You've heard from so many other people that are long term holders of what they are trying to pull, and hopefully it's got through to quite a few. But you've still got your diehard kids who are like "FUCK YOU, I DON'T CARE WHAT YOU SAY ABOUT MY COMPUTER, IT RUNS AT 3GHz AND YOU DON'T KNOW WHAT YOUR TALKING ABOUT"

It's painful.

If people don't believe what I'm saying then just look at what other people are saying. This whole update makes zero sense from an investors perspective. Someone ran the numbers and worked out earlier that infact, ROI wise, investors where two times better off with the old reinvestment plan, and five times better off without any reinvestment plan altogether. Other people have run the numbers and realised the ROI is less than 20% of what's advertised. This isn't just me saying it anymore. But tbh, all I wanted was other people to do their own research independent of what I'm telling them and work it out for themselves. Which has happened. And that I feel allot better about.

So yeah, next bit is why are they doing this? Its the same reason CryptX don't own ANY shares in their own company, because they make money from the fees. How many companies dont have the owners or CEO's holding a stake in the company?? if you had a server farm, is it not the last thing you'd want, as having the guys who manage it, having their only income as through how much electricity they can generate??? it sounds crazy doesnt it?? but this is exaclty whats happening. Their interests are aligned completely opposite to the investors.

And yeh. if you look at the ONLY benefit towards their strategy of reinvestment, it's that it increases fees at a sliding exponential rate and then stabilises them, all in all killing ROI for investors. To me, and to a few others, this is the most obvious thing, but some people just can't see past the two dimensional aspect.

Anyways, it's pointless now, the IPO has started and they have restructured the company without any say so from investors. In three months time all those investors are gonna be absolutely fuming when they realise they can't even play the shity games, and the manufactuer has robbed them.

Anyways. Whatever. I'm slowly starting to move on, I've done all I can do. CryptX is now deleting all the posts that explain to investors what's going on, and the only people left are the shills who can't see past the whole 3GHz sign.

I can't disagree there.
my opinion is this is hardly a golden goose. hosted mining operations are substandard offerings which have been done to death, and executed poorly before in the past, even investing in commodity mining hardware recently, especially trusting any form of preorder is a losing proposition over buying BTC outright unless you know what you're doing.

Despite that I'm invested regardless in PETA for some other reasons & not planning to sell any time soon. that's not nervous bagholder code words either. I've done own due diligence prior to investing and see come across few things nobody yet has mentioned, although they are acting like they've seen behind the curtain now they've liquidated their position.

Let's see if I end up in soup kitchen like I would have If I touched neo or activemining for drinking PETA kool-aid, you can bring this up and have a laugh.  :)

Jesus Christ. Is it not obvious though?

1) they have zero shares in their own company, ever wondered why?
2) their only financial benefit is to increase fees, as this is how they make money
3) their new strategy is solely set up to maximise fees
4) they have faked the projections to look like the current strategy will give investors a good return

If that's not enough red flags for your own due diligence then I don't know what is.

I have noticed them all, along with some you haven't mentioned.
Usually yes, that's more than enough red flags. right now. nope.
Everyone is free to park their BTC in whatever schemes they wish, be it at their own peril.
And you've done your role at warning, can't say you didn't try should anyone lose their shirts.

Heh, it's not that I've "seen behind the curtain," that sort of stuff doesn't bother me.  I don't even get irked when an honest attempt to hang some semblance of a curtain has been made.  But this...  

As I was taking my usual evening walk, stifled grunts from a nearby window drew my attention.  I looked up, and there it was!  No curtain, not even a half-drawn shade -- butt naked and brazenly shameless!
Backlit by harsh sodium glare, huge hairy beasts cast shifting shadows onto the sidewalk below.  Lost in the throes of their throbbing sodomy [NSFW NSFW!] >:(

I apologize in advance to my gentle reader, but a curtain would have spared me from that which could never be unseen.

TL;DR:  Does it seem like the cons are getting more and more desperate?  Does no one bother with proper form any more?  Have the jewel thieves of yesteryear all devolved into clumsy pickpockets fighting over the same mark?