You should be 100% transparent about your role in the project.  For example, if you receive a payment for making the ANN thread, you should be open about it.  You should also be cautious of the project and request to see their business plan as well as what they're doing to accomplish it.  I tend to look for signs like how much money the developers have put into the project out of their own pocket.  If the developers have no product, don't want to be listed as the developers, haven't put any money into the project besides fancy graphics, and you have no knowledge of any other successful projects, then you should probably not get involved.

Mostly though, be transparent.  Whether a project turns out to be a scam or not is largely beyond the control of paid 3rd parties.  If you are 100% transparent about your role, and their is no ill intent, it would be difficult for a reasonable person to blame you.

I didn’t shill for GLBSE. I founded MergedMining and ran it until someone else bought a majority of the shares and took it over. Then I took what I learned from that experience and used it to create NastyMining.

As for pirateat40’s savings and loan, I was the only person providing insurance for deposits and when it collapsed I paid out everyone their insured amounts. Nothing but satisfied users, including our own famous NastyFans supporter, coblee.

Thanks for pointing this out for people who might not be aware of just how long I’ve been protecting user funds from scams on this forum.

People should be aware that this ICO is paying users to advertise who attack other community mining projects. That’s obviously not the kind of behavior any sort of honest issuer would engage in. It’s actually a massive red flag.

I have nothing to do with this at all. Not sure why I’m being mentioned. I’m not a mod here.

Thanks for this MJ. Don’t forget your coins have some pending distributions. It’s also a manual process making these, so if someone thought the hologram or engraving placement was exceptional, they may want to pay a premium to eliminate the possibility of me not getting the alignments as nice on new rounds.

Cool.  I didn't know that.  Thank you for sharing.



Seems appropriate to have the information listed somewhere.

It isn't just wording on a thread.  It is the reality of the situation.  There are no promised returns of any kind.  NastyFans as an organization has never profited in any way from the sale of seats or anything else, it has no physical assets, there are no paid employees, no company issuing anything, & it isn't even based in the US.  It really is a fan club for Bitcoin enthusiasts that I and others donate their time and energy to so that the community can have a fun use for their Bitcoin.

The part that is confusing is that the returns are largely from donations that I personally make with my mining operation or coin sales and software development is largely done by nonnakip for free over a period of many years.  It's hard for some people to imagine others out there spending their time and money to donate to strangers so the community has something cool to display, yet that is the reality of the situation.  If you ask me, NastyFans is more closely aligned with a charity than an illegal security, but calling it a fan club is accurate.

Any idea how many of those “Maker’s Edition” versions got signature sets that were also the upgraded color prints?

All BTC sent from NastyFans is bundled and sent with the weekly distribution.  You don’t need to do anything but wait for the next distribution.

I like the design and pirate theme.   

Thanks BlockEye.  Look forward to working with you again in the future and wish you luck with your project.

If TMAN is shilling for something, you can almost guarantee it's not honest.  Be warned.

Others have "tried this sooner."  I have been running public Bitcoin mining projects since 2011 that are now powered by solar, wind, and manpower.  Great to see others finally stepping up to the plate and entering the space after so many years.  Hopefully this mining project sees better success than others who have tried, as they all went bankrupt and lost their investor funds.

https://bitcointalk.org/index.php?topic=86854.0

That depends why you bought it I guess.  If you bought it to use it, then this shouldn't be a concern.  If you bought it only hoping to resell it to someone else later for more, fully embracing the greater fool theory, then you should probably sell.

Document everything.  Use escrow.  Physical coins and miners are a vast majority of the escrows I handle.

NastyMining's SBTC from the "Super Bitcoin" fork has been exchanged for LTC and sent to the LTC holding address:
https://live.blockcypher.com/ltc/tx/f8b6b16e09e06a87cc0234b3f0bf42ccdf514b7d65c628b54e2ac57e1f9d8998/
($100 was also sent to the domain registrar for future use)

I'd be very cautious of someone trying to get you to use their escrow service with a 0 fee.  Transaction fees alone for decent confirmation times can be as much as 0.0017 BTC currently.  I'd question the motivations of anyone who was willing to lose money for the chance to hold your coins.

I'll admit I glanced at the calendar when I saw the name.  My first thought was, "It can't be April already."

Personally, I think the best strategy for beginners is to mine using their computer's GPU.  There's a high probability of recovering your investment through mining or reselling your GPU so it is low risk.  It will heat your room during the winter, and it gives you flexibility to mine different coins.  This way you aren't left gambling on market pricing as a means of income.  It can also be a lot of fun and a great learning experience to get involved with the network instead of gambling on it.

Your questions seem to be about the NastyFans seats and not the green energy project. I would direct you to the NastyFans thread for more information on them.
https://bitcointalk.org/index.php?topic=86854.0