They decided yesterday that ordering 500 S9's is the path to LIFETIME PROFIT.

Yeah I did, asked you about it earlier.
Some people like to characterize all members who are trusted by default trusters as some part of a ruling cabal.

But it ceased to become a valuable asset when sold, or offered for sale.

Although this was a spam post for yet another guaranteed money making price predictor, the idea there is some sort of bitcoin/crypto exceptionalism when it comes to price analysis, is typical of the complacent hubris which is widespread, especially in the last year.
Even this thread seems offended by the insult of negative press...what right have they to talk bad about my baby?

Not one comment on the Gold bubble in the chart I posted. If gold can do that, so can Bitcoin.

Hey Bruno, why do you never leave any feedback with that account?

Can you not just STFU for five minutes?
Tia.

Maybe.
Any ideas about how this fits in then?

Ah, that explains it, thanks, I have that TC account on ~

Is he? Under who?

Looking at the GG Trust summary (for the first time) I notice he/the account is showing it has left no feedback....

Although I wouldn't disagree about the negative, politically inspired MSM coverage, to address your other point


there are patient gold hodlers still in the red on their 1979/80 purchases.
 
What goes up does come down.
And sometimes not go back up again for a long time.

Picking my way thru your mangled prose (you translate/ teach English for a living??), is the bolded bit ^^^ directed at me?
If so, do I understand you to be saying that I am a "friend" of this "bad translator" who has been "ordered" to attack you?
Is that what you are saying?

Would it not have been more appropriate to rebut this deceitful (sic) by replying in his Reputation thread about you?


The "University of Education"?
Isn't that what universities generally do, educate? Do you have a University of Fish or a University of Concrete as well where you come from?
How can you teach English at a university but not be an English teacher?

If it came to choosing between you two based on your comparative English in these two posts, he wins by a country mile. Yours is riddled with grammatical errors and stilted construction.

It's one of those slowburn scams that seem to be a particular favorite in Russia, home of the HYIP.
Naturally there are referral commissions involved, making it a pyramid/ponzi hybrid.



The shill neotronix, was a Bitconnect fan and obviously felt inspired by this wordpress wonder.


The hard faced, hard sell ladies with names ending in V do a great line in totally believably popups.



As has been pointed out, scams aren't moderated here.

Oh really?

Of course it's a scam.


It would be interesting to see where that takes you (not that I'd advise clicking it).

BTW, it would be helpful if you could confirm the spellings involved as your thread title spells it Bitrrex, and many of these type of scams utilize homophones.

Yeah, I know, I used their figures to show how "best possible scenario" financial planning is a fiction.
They've got their hands on the $8m, that's all that matters.
Job done.

From the self modded thread for record:


Or maybe because it suits you fine to pretend that an S9 makes


when the real figure is less than $5 a day right now.


Residual?
What residual would that be?
Despite all the noise made about buying vaporware superminers, the fact is that if they ever do start mining, IR will be buying something like S9's. That's what their "white paper" says. It also says "purchase June 1st"....
Calculations can only be made on that basis, otherwise they're not calculations, they're fiction. They can only be made on current prices and difficulty, not freak conditions that prevailed for a short period back months ago.
And just saying
about the future price, is BS.

For round figures, an S9 currently mines $5 a day gross income (according to the IR calculator, for a $2300 capital investment. What's the ROI on that?):

50% payout   $2.50
20% reinvest $1
20% op costs $1
10% IRock     $0.50

So, operating costs are allowed $1 per day per S9 in total, that's electricity, manpower, maintenance, security, etc.etc.?  
An S9, even at $0.03 Kw/h, uses more than that in electricity alone....
So who/what pays the wages of the Director, Technical Director and 4 Technical Support workers listed in the WP as part of the operating costs paid out of the 20%, when all the 20% (and more) is taken up with electricity bills alone?

50 cents a day per machine for the "management team"?
So, $500 a day per 1,000 S9's to split among how many management people? I stopped counting at twelve.....

Tl,dr: The financial projections in the White Paper and the "calculator", and Ice Rock's refusal to use a simple, accurate, dynamic version, are fraudulent fantasy.

Or maybe because it suits you fine to pretend that an S9 makes


when the real figure is less than $5 a day right now.


Residual?
What residual would that be?
Despite all the noise made about buying vaporware superminers, the fact is that if they ever do start mining, IR will be buying something like S9's. That's what their "white paper" says. It also says "purchase June 1st"....
Calculations can only be made on that basis, otherwise they're not calculations, they're fiction. They can only be made on current prices and difficulty, not freak conditions that prevailed for a short period back months ago.
And just saying
about the future price, is BS.

For round figures, an S9 currently mines $5 a day gross income (according to the IR calculator, for a $2300 capital investment. What's the ROI on that?):

50% payout   $2.50
20% reinvest $1
20% op costs $1
10% IRock     $0.50

So, operating costs are allowed $1 per day per S9 in total, that's electricity, manpower, maintenance, security, etc.etc.?  
An S9, even at $0.03 Kw/h, uses more than that in electricity alone....
So who/what pays the wages of the Director, Technical Director and 4 Technical Support workers listed in the WP as part of the operating costs paid out of the 20%, when all the 20% (and more) is taken up with electricity bills alone?

50 cents a day per machine for the "management team"?
So, $500 a day per 1,000 S9's to split among how many management people? I stopped counting at twelve.....

Tl,dr: The financial projections in the White Paper and the "calculator", and Ice Rock's refusal to use a simple, accurate, dynamic version, are fraudulent fantasy.

Octaex, didn't they sort of list that Bitcoiin2Gen scam coin, then stop?
This is really the crap end of crypto.

Hi
Re: your site calculator, under the projected ROI you have this


Is the electricity cost included in the projection, or must it be deducted from the gross estimate in order to establish a net return?

Thanks.