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Suchmoon, do you mind pointing out that husky should be getting some profits from now until he actually gets his coins. If they are holding his coins to not hurt the rest of the pool, he should definitely reap the rewards from not until he actually gets his coins back. I would do it but there's zero chance of my signing up to any of these gaw-fallout sites.
This is the problem that I have been pointing out since I found out that he was taking in BTC to run this operation. He takes the BTC, then buys various coins. Those coins will stake, but when the value of those coins drops, he won't be able to to provide BTC to his investors.
That's why it would make sense if he took in and paid out various coins, that way people would be responsible for the risk by choosing to deal with a specific coin.
That's also why Gleb's constant perstering to find out Leroy's actual experience with btc/cryptocoins matters. It's not just a lie for the sake of lying, how long he has been involved is directly relevant to his crypto knowledge, which impact which coins he invests in, which is definitely relevant to his investor.
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What are the odds?
You cannot make a prediction based on logic without knowing what the payouts will be.
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That doesn't answer the payment question.
Like I told Vlad, him being stupid enough to hold onto the XPY he was given until now doesn't mean he wasn't paid.
Were you given compensation for the nonsense that you posted did? If that compensation is worthless now (hashlets/xpy) is irrelevant.
Why do you have an account with bitlend now that Mordica has been exposed as being involved there?
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What is a smart bet? I imagine you think a smart bet is one you are probably going to win money on. Well I agree with that, it is impossible(next to) to find smart bets, the fact that you are doing it everyday seems like its imaginary then.
A smart bet is a bet with a positive expected value. I never said it was easy for me to find them, but it is certainly possible. Someone has made 843,622,488 smart bets on just-dice.com as of when I just copied that number, and over 1,000 in the amount of time it's taken me to write this post. How do you make a smart bet on dice? Not saying it isn't possible but just-dice has a House edge correct? How do you have a positive expected value when there is a house edge? You don't, just dice does. |
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What is a smart bet? I imagine you think a smart bet is one you are probably going to win money on. Well I agree with that, it is impossible(next to) to find smart bets, the fact that you are doing it everyday seems like its imaginary then.
A smart bet is a bet with a positive expected value. I never said it was easy for me to find them, but it is certainly possible. Someone has made 843,622,488 smart bets on just-dice.com as of when I just copied that number, and over 1,000 in the amount of time it's taken me to write this post. |
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i earn 1-2$ everyday in gambling
just for fun
Is that true? you can earn $1-2 everyday from gambling without losing even a cent? Just curious how could you do it.. You can do it by being lucky, or by making smart bets. You cannot make a smart bet on a dice site (unless you run the dice site). No, you don't every day, that would be insanely lucky to do. You are just not including your losses in this conversation at all. Or you have been doing it for 3-5 days and nothing that long. Either way its probably not exactly how you are saying it. No it's exactly how I say it. It is possible to win money making -ev bets. To do that you need to be lucky. The other way to win at gambling is to make smart bets, like casinos, bookmakers, and dice sites do all the time. |
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i earn 1-2$ everyday in gambling
just for fun
Is that true? you can earn $1-2 everyday from gambling without losing even a cent? Just curious how could you do it.. You can do it by being lucky, or by making smart bets. You cannot make a smart bet on a dice site (unless you run the dice site). |
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BTC Tipster, you are good at predicting. Keep it up!
You can combine those low odds bet into a parlay for more earnings.
He did that, and lost the parlay and conveniently left it out of his recap. It isn't hard to find a huge favorite and but on them to win or draw. It is hard to make money that way, that's why he posts the record and does nothing to keep track of how much money he's won or lost. |
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So when you are running your miners you would rent them to someone for x and they will use them to mine more than x of a certain coin? Why give money away, why not just mine that coin for yourself?
Why wait until you reach ROI with your miner. Why not just 'sell' the hashrate to some people? You have ROI instant, plus you earn from the fee, plus you can sell the miner again when they are not longer worth it. And you have instant new money for the next generation of miner. and you have lower risk. because when everything go wrong (bitcoin price collapse), you still have the money from the people. win-win-win (for the guy with the hardware). If someone can earn x bitcoins mining and you sell it to them for less than x you are throwing money away. All the other reasons you gave are also the exact reasons why it makes no sense to buy/rent the hashrate. There is no way for it to work out for both parties. someone is going to be making a bad decision. |
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If only people had been asking them about what would happen if the value of the coins being held went down at the beginning.
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http://gawsuit.com/news-updates/ LOTS of info here.... Consider the source Sad. Allen admits the "gawsuit," ha ha, is late b/c he has multiple businesses pulling him in different directions....  Yeah, right! I can't believe he'd throw away his reputation for this -- especially after XPY lost ALL its "value" long ago.... What reputation? I apologize if it comes off as rude to anyone, but anyone involved in the mess had their reputation destroyed. some via stupidity, some via being assholes, all gone. Shinners used to be one of the most outspoken & informed critics of GAW / Garbanzo / XPY. He was one of the 1st "19" founding Paycoiners to go rogue! He has posted many brilliant comments on many forums....Woke up a lot of Kool-aid drinkers! XPY has no market value now....None of this makes any sense! Stranger than Fiction. That's good that he was one of the first to speak out, but that doesn't make up for the fact that he fell for it in the first place. |
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http://gawsuit.com/news-updates/ LOTS of info here.... Consider the source Sad. Allen admits the "gawsuit," ha ha, is late b/c he has multiple businesses pulling him in different directions.... Yeah, right! I can't believe he'd throw away his reputation for this -- especially after XPY lost ALL its "value" long ago.... What reputation? I apologize if it comes off as rude to anyone, but anyone involved in the mess had their reputation destroyed. some via stupidity, some via being assholes, all gone. |
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Why would they rent the hardware to you if it would generate more coins than you are paying?
I'm not saying I will pay less than their costs. But Would be great to make an investment for achieving the ROI in four or five months. Why would they rent you a miner that will roi in 4 or 5 months instead of just mining themselves. If you give them x and the machine will generate x coins in 4 or 5 months, it doesn't make sense for them to do this because they will just get more than x bitcoins in 6 months. I agree. It makes sense... Well... I have some old computer which still turned on all the day. They work as a kind of server... Is there some way to keep them mining? I don't want lots of profit. Just some satoshis a day. The propose here is to help me to support my faucet balance.  So why are you going to pay someone to give you back that amount of bitcoins over time? Just bite the bullet and buy some coins. It doesn't make sense to run a legitimate cloud mining operation. They will sell their hashpower for X BTC. If the miners will generate more than X BTC, they are throwing money away by renting the hashpower to you, they would just run the miners themselves. If the miners will generate less than X BTC, they are throwing money away by paying for the miners and the electricity needed to run them because they can just give you back part of your own coins. Stop looking for people to give you free money, it's not going to happen. |
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If you would run a simulation of bets/rolls (same server seed and client seed) the outcome over many bets should roughly show equal distribution of numbers. It might happen in 1000 bets, 10000 bets, or 100000 bets, but it will happen. But knowing this will happen allows you to change the way you bet in your advantage.
Now if you say there is not equal distribution of numbers, that's even better. You can determine where most of the roll/bets hit and play that to your advantage.
Either way, not looking to the past results to determine the way you play dice is why most call it a luck game.
This is 1000 percent wrong. Lets just look at flipping a coin to make things simple. The equal distribution happens from having the correct probability happen over and over and over again over a large sample. If you flip 10 heads in a row, the odds of the next one being heads is still 50/50. If you keep flipping a coin, eventually your results will get to 50/50, not because tails is more likely on future events, but just because you keep doing it. If you get 10 heads out of 10 flips you got heads 100% of the time. If the next 10 are 50/50, you have 15 out of 20, 75% heads If the next 10 are 50/50, you have 20 out of 30, 66 2/3% heads If the next 10 are 50/50, you have 25 out of 40, 62.5% heads If the next 10 are 50/50, you have 30 out of 50, 60% heads. And so on and so on until you get back down to 50. Stats are a crazy thing. Looking at things in a short run, getting 10 heads in 10 flips is .5^10. Not good odds. However after 10 flips, the odds of flipping the next coin is still 50/50. In your example after the 10 ones are head, the next 100 rolls are still supposed to be closer to 50 heads 50 tails than anything else. That's what I was showing. It is unlikely to get 10 heads in a row. But if you do, the next one is still 50/50, AND you will get to 50/50 over the long term without changing the odds. |
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If you would run a simulation of bets/rolls (same server seed and client seed) the outcome over many bets should roughly show equal distribution of numbers. It might happen in 1000 bets, 10000 bets, or 100000 bets, but it will happen. But knowing this will happen allows you to change the way you bet in your advantage.
Now if you say there is not equal distribution of numbers, that's even better. You can determine where most of the roll/bets hit and play that to your advantage.
Either way, not looking to the past results to determine the way you play dice is why most call it a luck game.
This is 1000 percent wrong. Lets just look at flipping a coin to make things simple. The equal distribution happens from having the correct probability happen over and over and over again over a large sample. If you flip 10 heads in a row, the odds of the next one being heads is still 50/50. If you keep flipping a coin, eventually your results will get to 50/50, not because tails is more likely on future events, but just because you keep doing it. If you get 10 heads out of 10 flips you got heads 100% of the time. If the next 10 are 50/50, you have 15 out of 20, 75% heads If the next 10 are 50/50, you have 20 out of 30, 66 2/3% heads If the next 10 are 50/50, you have 25 out of 40, 62.5% heads If the next 10 are 50/50, you have 30 out of 50, 60% heads. And so on and so on until you get back down to 50. You are comparing something that is truly random(flipping of a coin) to a algorithm. Have you run a simulation with the algorithm from a dice site? I also notice that in your example that your approaching 50% as more flips happen, which is what I'm saying. It looked like you were saying that it approaches 50/50 because the other option is more likely. that isn't true, it approaches 50/50 because over more trials, it will approach the true odds by just acting normally. I have not analyzed dice sites because -ev bets need to be fun for me to make them, and dice looks anything but fun so it's not worth my time. If I was going to trust one of these sites with my money, i would look into figuring out exactly how they work, but I'm going to trust from afar that they are independent, because the code would have been cracked by now if it could be. |
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Why would they rent the hardware to you if it would generate more coins than you are paying?
I'm not saying I will pay less than their costs. But Would be great to make an investment for achieving the ROI in four or five months. Why would they rent you a miner that will roi in 4 or 5 months instead of just mining themselves. If you give them x and the machine will generate x coins in 4 or 5 months, it doesn't make sense for them to do this because they will just get more than x bitcoins in 6 months. |
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If you would run a simulation of bets/rolls (same server seed and client seed) the outcome over many bets should roughly show equal distribution of numbers. It might happen in 1000 bets, 10000 bets, or 100000 bets, but it will happen. But knowing this will happen allows you to change the way you bet in your advantage.
Now if you say there is not equal distribution of numbers, that's even better. You can determine where most of the roll/bets hit and play that to your advantage.
Either way, not looking to the past results to determine the way you play dice is why most call it a luck game.
This is 1000 percent wrong. Lets just look at flipping a coin to make things simple. The equal distribution happens from having the correct probability happen over and over and over again over a large sample. If you flip 10 heads in a row, the odds of the next one being heads is still 50/50. If you keep flipping a coin, eventually your results will get to 50/50, not because tails is more likely on future events, but just because you keep doing it. If you get 10 heads out of 10 flips you got heads 100% of the time. If the next 10 are 50/50, you have 15 out of 20, 75% heads If the next 10 are 50/50, you have 20 out of 30, 66 2/3% heads If the next 10 are 50/50, you have 25 out of 40, 62.5% heads If the next 10 are 50/50, you have 30 out of 50, 60% heads. And so on and so on until you get back down to 50. |
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Yep. Total Ponzi Scheme. Payouts are based on current Mhs trading prices. Real shame actually. That was the only Scrypt cloud mining service I could find and of course it turns out to be a ponzi. LOL
Anyone know of a REAL scrypt cloud mining service? Something like scrypt.cc (with trading and such) but, well, not run by a scumbag criminal?
I have my own machines but they are off for the summer. Heat from them just drives my electric bill way too high.
Would you rent out your miners when they were running for less money than they will generate? Why would you expect someone else to do it? I'm assuming business do not have the same electricity rates as home owners. Electricity rates are lower in some areas. Someone might have "off the grid" electricity such as wind, solar, geothermal, hydro and many other forms of electricity. As for myself, the only reason they are off is we are having a rather warm summer this year and the miners create a lot of heat (I have seven 35Mh Scrypt miners and one 2.3 Th Sha256 miner). So my AC needs to run more to offset it causing me to use more electricity. Once the weather cools down the miners actually offset my heating bill thus save me some money there. Other than that, it's a fun hobby. Edit: Oops, sorry. To answer your question, yes I would and have in the past using miningrigrentals. If I had the capital and more knowledge of the market I would start up a scrypt cloud service. Right now it seems there is no one else trustworthy doing it so the market is there. I don't make huge amounts of profit from my miners in the winter, but I do make a profit and that is with no trading knowledge or hunting the most profitable coin. I usually just set them on litecoin and forget them. So when you are running your miners you would rent them to someone for x and they will use them to mine more than x of a certain coin? Why give money away, why not just mine that coin for yourself? |
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Stop posting this month old, inaccurate screen shot. Somone allegedly getting an roi on 3 bucks months ago doesn't mean anything about a site that has never posted proof that they are mining. |
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Why would they rent the hardware to you if it would generate more coins than you are paying?
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