Bitcoin Forum

Other => CPU/GPU Bitcoin mining hardware => Topic started by: phorensic on March 13, 2012, 09:53:55 PM



Title: What is this scam? Lease to own GPU's ad from Craigslist
Post by: phorensic on March 13, 2012, 09:53:55 PM
Quote
Lease to own or upgrade video cards whenever you want. (Anywhere)

Date: 2012-03-01, 4:02PM PST
Reply to: jzvpd-2879763486@sale.craigslist.org [Errors when replying to ads?]

Do you want the newest video card from AMD or Nvidia, but just can't afford to shell out $500-$800 for a new card? I have a solution. I am in no way affiliated with this company, but I do lease from them and it's excellent. For example, I just leased a Saphire 7970 for around $60 a month for 12 months, but check this out, the 7990 is supposed to come out this month, well no worries, as soon as it comes out I can just ship back the 7970, (which they pay for), and pay the monthly difference and they send me the 7990 at no additional charge. It really is a great service, no BS. Now, here's what I get out of this. For every person I refer to them, I get $5 credited to my account, but you get rewarded too, you also get $5 for mentioning my name. Email me for details if interested, this is real. Oh, they do take debit cards, you must be 18 or older.

Location: Anywhere
it's NOT ok to contact this poster with services or other commercial interests
PostingID: 2879763486
OK, so someone lease a ton of 7970's and tell me how much you make! lol


Title: Re: What is this scam? Lease to own GPU's ad from Craigslist
Post by: shakaru on March 13, 2012, 10:21:22 PM
Hes refering to http://cuttingedgegamer.com/

I looked into them a while back. Not really worth it at all.


Title: Re: What is this scam? Lease to own GPU's ad from Craigslist
Post by: phorensic on March 13, 2012, 10:42:44 PM
I ran a couple numbers.  You end up paying more for the card leasing it than retail in 12 months, obviously.  The price per BTC needs to go up a little and stay above that level to make the lease vs profit ratio positive.  If BTC were $10 it would be a no brainer   /wish


Title: Re: What is this scam? Lease to own GPU's ad from Craigslist
Post by: grue on March 13, 2012, 10:47:00 PM
Not really a scam, more like a rip-off for people who can't do basic math.