200k*0.67=134k.

If this transaction actually took place, which it didn't, you are currently losing $22,000 on your scam coin "investment".


Yeah, and they can't even shill properly.
 

That was the only reason OP started this thread, so he could shill for his favorite Leocoin scam.

Re: avoiding bans for shit posting, imagine you are in a real life group conversation before you post.
Would you repeat immediately what the two people before you just said? Would you speak without forming a proper coherent sentence? Or would you keep your mouth shut until you felt you had something solid/interesting to contribute?
It's not rocket science.

Why not make it 200 billion, you'll be even bigger than Onecoin then 

I'm still fascinated by your sole named developer


This is him



Sorry about the black and white photo, Professor Pulsifer is so old that he's pre color...

Obviously a highly intelligent man to get a BA in Chemical Engineering and teach Mechanical Engineering at Uni, way back in 1970, so I guess he would have been about 40 then, that's pretty young for a teaching professor in university in those days.

The thing I find truly remarkable about Dr. Pulsifer is that now, at the age of 85ish he's developing highly complex software systems in a complete change of career directions.
Truly remarkable, indeed one might also use the word "unbelievable".

https://bitcointalk.org/index.php?topic=1658795.0 too.

A ponzi scheme is based on a lie, a pretense that there is some real business activity going on to provide a return to investors.
There isn't any, there is just an admin shuffling money around, paying a bit to new investors with older deposits, until he is far enough ahead to shut up shop and run away.
With bitcoin and anonymity, he doesn't even need to run away, just start up another one.


This is bullshit.
The only winners are the admin.
It's an attempt by the industry of scammers to make out that everyone knows what's going on and that they are just playing a "ponzi game".
If everyone knew what was going on, there would be no HYIP/Ponzi scams, because there would be no new money coming in to steal.

Says the LEO shill 

Q.
How many fucking threads like this do we need?
A.
None.

#scammershaverightstoo

Just to test your "self moderation"....

Fuck off.

This "story" was also in the Guardian yesterday, with a few random extra "facts" thrown in and the whole thing conflated with the recent Ddos attack on Dyn.

The Guardian starts off with


then



This appears to be 'futurist' Dr. Simon Moores who, amongst other things, is mad keen on the Tweet Machine (and quite funny too).

Why have this series of articles have appeared this weekend hung off his quote?
He mentions (and pins) a tweet


(referring to the Guardian article)

Quite what that passing remark was and when is unclear, but an earlier tweet provides a clue



 

I guess you flunked geography.
 

What did you expect? That this shitcoin was actually real? Or this shitexchange?

Yup, got it.
About 92 pages ago.

Have we mentioned GBminers.com yet?
The latest incarnation of Bhardwaj and Lee, this time run out of Hong Kong under AMAZE MINING & BLOCKCHAIN RESEARCH LIMITED, on a twelve month registration started July '16, servers in Mumbai.

Along the lines of their MLM heroes Bitclub Network, they have decided to set up a mining pool and become the "Biggest blah blah in the blah blah" with their borrowed/bought/stolen S9's and an invitation to real miners to join them.

Unfortunately, it didn't go quite as smoothly as they wanted.
They ripped off Kano (bad move)


and haven't paid miners who tried them out.


A Sanjay Goswami drew the short straw and posted the thread on here, then immediately locked it when the questions go a bit difficult.


You can bullshit some of the people some of the time, but you can't bullshit all the people all the time.

I appreciate it must be difficult to keep track of the details of the vast amount of marketing bullshit that you spew out. My friend.
Here's a clue....






Lol, this isn't trolling, this is just pointing out that you're full of shit.
Just another kid with a big mouth selling anything he can for a cut: a lesson well learnt from Morbitzer, no doubt.
Karatbars, Lyonesse, Vizionary, what a fucking CV. 

Yeah yeah yeah, you're the only person still interested in this shitcoin. Consider yourself a vizionary^tm

How many is "mere"?

Merely 380 days ago you wrote


0.0005BTC

today?

0.00035BTC....

Still, you got your pump and dump in, that's what it was all about.

As you say, they are paying.
The fly in the ointment is that the sister company, Hashcoins, appears to indulge in fuckery like advertizing vaporware and refusing to return money for unfilled hardware orders, rather "compensating" customers with unordered and unwanted cloud mining contracts.
Why Potapenko does this is anyone's guess, but it hardly inspires confidence in either company.

And just to clarify the usage of the term "ROI" in the cloud mining world.
If you "100% ROI" in a year, it sounds great, but all it means that you have been given back your original lump sum payment in bits over the course of a year and now are back where you started.
If you paid originally in BTC then any price rise during that year is probably lost to you.

So, in cloud mining ROI means "return of investment".
In the real world, ROI means "return on investment".
 
Say you buy a stock or share for $100 and get back $10 dividend yearly then your ROI is 10%, but your original $100 is still there (subject to market fluctuations.)
In cloud mining, unless your supplier supports trading in hash power and thereby gives resale value to your contract, then your original $100 becomes zero immediately. It is not an investment, it is a cost.

Yeah, there is mining going on, but who it belongs to and how many people have been sold shares in it is another matter.
If you believe the A4 laminates on the wall this is GB's Chinese mine, containing about 1,000 S9's

https://youtu.be/y8kw9I1HWvk

Not as professional as BCN's vids of Genesis' Verne Global setup with BitClub signs draped over it, but...

What would bug me, if I had any exposure to GB, is the potential insecurity of their main asset, that farm out in the wilds of China.
I get the feeling that it could just vanish overnight and there wouldn't be Jack that a bunch of Indian guys a couple of thousand miles away could do about it.
That's if they own any of it, of course.


Other similarities between GainBitcoin/BitClub Network and GBminers pool/BitClubPool??

Mainly from the MLM aspect, things like
.
The concentration on crypto newbies as the client base, recruited by old hands in MLM selling.
Various MLM teams around the world formed to sell the "passive income" angle, with a touch of cool innovation and a "get in on the ground floor" hook.
BCN pimps were heavily hinting at 10% per month ROI in the early days, just like Gain do, despite math.
10% a month is a deal clincher number.
Then there's the S.O.P. of false testimonials and social media posturing as "educators", while actual information is biased more to the intricacies of "binary weak legs" and other MLM ephemera rather than mining data or details.
And as you point out, one post newbie shill posts and attacks on critics, another standard tactic from marketeer orientated operations..

And specifically re: mining pool, reluctance to pay third party miners and manual payment processing.

"Fastest growing mining pool in the world" V "one of the largest mining pools in the world"....(~2%)

Which leads me to a non miner question; why would a miner invite other miners into their pool?
Presumably for the money and something to do with black arts things called "luck" and "difficulty"?
Also a bit of dick measuring "look at how big mine is?", to impress the ladies cloudmining punters?

And why would a miner go to a specific pool like GB or BCP? Because it's cheap? Surely there's a risk of them just running away with the reward?